Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 58
Minerva Equity Limited (formerly DMWSL 881 Limited)
Notes to the financial statements
for the period ended 31 March 2019 (continued)
21 Provisions for liabilities
Group
At 31 March 2019
Deferred tax
Total
£m
£m
Brought forward as
at 27 March 2018
-
-
Acquisitions
64.0
64.0
Credit for the year
(3.1)
(3.1)
Carried forward at
31 March 2019
60.9
60.9
Deferred tax
The provision for deferred tax consists of the following deferred tax liabilities/(assets):
At
31 March
2019
£m
Fixed asset timing differences
(0.9)
Short term timing differences
(1.5)
Pensions
(0.3)
Intangible assets
63.6
Total deferred tax provision
60.9
Company
The Company had no provision for liabilities and charges at 31 March 2019.
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