Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 54
Minerva Equity Limited (formerly DMWSL 881 Limited)
Notes to the financial statements
for the period ended 31 March 2019 (continued)
20 Pensions and similar obligations (continued)
At 31 March 2019, the deficit recognised in the balance sheet was as follows:
Amounts recognised in the balance sheet
Period
ended
31 March
2019
£m
Present value of funded obligations
(13.2)
Fair value of scheme assets
11.4
Net liability at the end of the period excluding deferred tax
(1.8)
Related deferred tax asset (note 21)
Net pension liability
0.3
(1.5)
Changes in scheme assets
Period
ended
31 March
2019
£m
Balance as at 27 March 2018
On acquisition
12.0
Expected return on scheme assets
0.1
Employer contributions
0.2
Benefits paid
(0.5)
Actuarial loss
(0.4)
Balance as at 31 March 2019
11.4
Actual return on scheme assets
(0.3)
52