Notes to the consolidated financial statements For the year ended 30 June 2024
19. Net deferred tax liabilities continued
The change in deferred income tax assets and liabilities during the year was as follows:
Trading losses carried forward £’000
Accelerated capital allowances £’000
Share-based payments £’000
Dilapidations £’000
Total £’000
Deferred tax assets At 1 July 2022
2,667
133 174
65
137
3,002
Over provision in prior years
–
–
–
174 138
Charge to the Consolidated statement of comprehensive income
1
56
54
27
Credit to equity At 30 June 2023
(335)
–
–
–
(335)
2,333
363
119
164
2,979
503
(216)
(7)
(71)
209
Credit to the Consolidated statement of comprehensive income
(935)
–
–
–
(935)
Charge to equity At 30 June 2024
1,901
147
112
93
2,253
2024 £’000
2023 £’000
Deferred tax assets Deferred tax assets to be settled after more than one year Deferred tax assets to be settled within one year
1,061 1,192 2,253
1,198 1,781 2,979
Total deferred tax assets
The carrying amount of the deferred tax asset is reviewed at each reporting date and is only recognised to the extent that it is probable that future taxable profits of the Group will allow the asset to be recovered. There is an amount of unrecognised deferred tax in relation to capital losses carried forward at 30 June 2024 of £859,000. A deferred tax asset is not recognised in these Consolidated financial statements, nor the Parent Company financial statements, on the basis that it is not probable that capital gains will be available against which capital losses can be offset.
144 Brooks Macdonald Group plc Annual Report and Accounts 2024
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