2021 Results
BALANCE SHEET
£m
30 Sept 2021 30 Sept 2020
Non-current assets
Goodwill
Intangible assets
Other investments
Property and equipment
Right-of-use assets
70.7
70.9
27.4
32.2
0.1
0.1
1.7
2.4
1.8
2.4
Deferred tax asset
2.2
1.6
Trade and other receivables
1.0
0.4
104.8
110.0
Current assets
Financial assets at FVTPL
3.5
2.7
Trade and other receivables
146.1
44.4
Cash and cash equivalents
47.7
36.0
197.3
83.1
Total assets
302.1
193.1
Current liabilities
Trade and other payables
(163.2)
(53.0)
Current tax liabilities
(3.0)
Lease liabilities
(0.9)
(0.9)
(164.1)
(56.9)
Non-current liabilities
Provisions
(0.4)
(0.4)
Deferred tax liability
(4.2)
(4.1)
Lease liabilities
(1.2)
(2.1)
Total liabilities
(169.9)
(63.5)
132.2
129.7
Net assets
Equity
Share capital
0.1
0.1
Merger reserve
94.3
94.3
Own shares held by an EBT
(15.8)
(14.6)
Capital redemption reserve
4.5
4.5
Retained earnings
49.1
45.4
Total equity shareholders' funds
132.2
129.7
Premier Miton
INVESTORS
Goodwill: £55.4m recognised in 2020, on merger
Intangible assets: former Miton IMAs recognised on merger and
amortised over 7 years
Right-of-use assets (and lease liabilities): arising due
to adoption of IFRS 16 and the recognition of on-balance
sheet leases
Financial assets FVTPL: seed investments in funds and deferred
remuneration obligations
Provisions: dilapidation provision on London & Reading offices
DTL: recognised on IMA's arising from merger; unwinding over 7
years
Merger reserve: arising from all share merger with
Miton Group Plc in 2020
2021 Results
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