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Deferred tax - Movements in net deferred tax asset (Details) - GBP (£)
1 Months Ended 12 Months Ended
Jul. 01, 2021
Apr. 30, 2023
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year £ 35,546,000   £ (27,025,000) £ (26,550,000)  
Expensed/(credited) to statement of profit or loss (note 10)     64,019,000 1,426,000 £ 8,112,000
(Credited)/expensed to other comprehensive income (note 10)     (1,448,000) (1,901,000) (634,000)
Net deferred tax asset at end of year     35,546,000 (27,025,000) (26,550,000)
US          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year     (58,362,000) (58,415,000)  
Expensed/(credited) to statement of profit or loss (note 10)     61,757,000 475,000 2,676,000
(Credited)/expensed to other comprehensive income (note 10)     £ (3,395,000) (422,000) 2,208,000
Net deferred tax asset at end of year       £ (58,362,000) £ (58,415,000)
Corporate tax rate     21.00% 21.00% 21.00%
Unrecognised deferred tax assets     £ 97,187,000 £ 21,301,000  
US | Forecast          
Movements in net deferred tax asset          
Corporate tax rate 28.00%        
US | Foreign tax credits          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year     (27,815,000) (30,288,000)  
Expensed/(credited) to statement of profit or loss (note 10)     31,779,000 2,793,000  
(Credited)/expensed to other comprehensive income (note 10)     (3,964,000) (320,000)  
Net deferred tax asset at end of year       (27,815,000) £ (30,288,000)
Unrecognised deferred tax assets     56,275,000    
US | Net operating losses          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year £ (3,359,000)   (9,537,000)    
Expensed/(credited) to statement of profit or loss (note 10)     6,328,000 (10,804,000)  
(Credited)/expensed to other comprehensive income (note 10)     (150,000) 1,267,000  
Net deferred tax asset at end of year     (3,359,000) (9,537,000)  
Unrecognised deferred tax assets     23,956,000    
US | Unrealized foreign exchange and derivative movements          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year     (2,296,000) (486,000)  
Expensed/(credited) to statement of profit or loss (note 10)     1,577,000 (441,000)  
(Credited)/expensed to other comprehensive income (note 10)     719,000 (1,369,000)  
Net deferred tax asset at end of year       (2,296,000) (486,000)
Unrecognised deferred tax assets     1,674,000    
US | Intangible assets          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year     (9,070,000) (15,058,000)  
Expensed/(credited) to statement of profit or loss (note 10)     9,070,000 5,988,000  
Net deferred tax asset at end of year       (9,070,000) (15,058,000)
Unrecognised deferred tax assets     4,865,000    
US | Deferred revenue          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year     (5,831,000) (7,748,000)  
Expensed/(credited) to statement of profit or loss (note 10)     5,831,000 1,917,000  
Net deferred tax asset at end of year       (5,831,000) (7,748,000)
Unrecognised deferred tax assets     3,913,000    
US | Property, plant and equipment          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year 3,359,000   3,118,000 3,732,000  
Expensed/(credited) to statement of profit or loss (note 10)     241,000 (614,000)  
Net deferred tax asset at end of year     3,359,000 3,118,000 3,732,000
US | Other          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year     (6,931,000) (8,567,000)  
Expensed/(credited) to statement of profit or loss (note 10)     6,931,000 1,636,000  
Net deferred tax asset at end of year       (6,931,000) (8,567,000)
Unrecognised deferred tax assets     6,504,000    
UK          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year 35,546,000   31,337,000 31,865,000  
Expensed/(credited) to statement of profit or loss (note 10)     2,262,000 951,000 5,436,000
(Credited)/expensed to other comprehensive income (note 10)     1,947,000 (1,479,000) (2,842,000)
Net deferred tax asset at end of year     £ 35,546,000 31,337,000 31,865,000
Corporate tax rate   25.00% 19.00%    
Non-cash deferred tax charge     £ 11,224,000 3,915,000  
Unrecognised deferred tax assets     0 0  
UK | Accelerated tax depreciation          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year 609,000   608,000 706,000  
Expensed/(credited) to statement of profit or loss (note 10)     1,000 (98,000)  
Net deferred tax asset at end of year     609,000 608,000 706,000
UK | Non qualifying property          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year 17,482,000   13,290,000 11,895,000  
Expensed/(credited) to statement of profit or loss (note 10)     4,192,000 1,395,000  
Net deferred tax asset at end of year     17,482,000 13,290,000 11,895,000
UK | Property fair value adjustment          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year 17,442,000   13,735,000 12,718,000  
Expensed/(credited) to statement of profit or loss (note 10)     3,707,000 1,017,000  
Net deferred tax asset at end of year     17,442,000 13,735,000 12,718,000
UK | Net operating losses          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year (12,180,000)        
Expensed/(credited) to statement of profit or loss (note 10)     (12,180,000)    
Net deferred tax asset at end of year     (12,180,000)    
UK | Intangible assets          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year 15,000,000   9,881,000 9,322,000  
Expensed/(credited) to statement of profit or loss (note 10)     5,119,000 559,000  
Net deferred tax asset at end of year     15,000,000 9,881,000 9,322,000
UK | Other          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year (2,807,000)   (6,177,000) (2,776,000)  
Expensed/(credited) to statement of profit or loss (note 10)     1,423,000 (1,922,000)  
(Credited)/expensed to other comprehensive income (note 10)     1,947,000 (1,479,000)  
Net deferred tax asset at end of year     (2,807,000) £ (6,177,000) £ (2,776,000)
UK | Due after 1 year          
Movements in net deferred tax asset          
Net deferred tax asset at beginning of year £ 35,546,000        
Net deferred tax asset at end of year     £ 35,546,000