JD Wetherspoon

J D Wetherspoon plc Monitor

J D Wetherspoon plc Annual Report 2018
CR Monitor Issue: 
2019/0108
Company covered: 
J D Wetherspoon plc
Period End: 
29 July, 2018
Report issued on 14 January 2019 covered the following practice issues:
Restatement
Deferred tax liability restated following a review of assets that are subject to tax relief.
Change
Restatement of deferred tax identified as a key audit matter.

Operating Lease disclosures under IFRS

This report sets out our findings in respect of a review of the operating lease disclosures when acting as lessee of 35 companies listed on the London stock exchange. We consider a number of points including the disclosure, as currently governed under IFRS by IAS 17 “Leases”, of total future minimum lease payments focusing on the assets identified and the time periods presented; disclosure of minimum sublease payments expected to be received; disclosure of lease and sublease payments recognised in the period; and disclosure of the general terms of significant leasing arrangements including contingent rent payable basis, the existence and terms of renewal or purchase options and escalation clauses and restrictions imposed by lease arrangements such as those concerning dividends, additional debt and further leasing. 

JD Wetherspoon plc Monitor

JD Wetherspoon plc  Annual Report 2014
CR Monitor Issue: 
2015/0113
Company covered: 
JD Wetherspoon plc
Period End: 
27 July 2014
Report issued on 20 January 2015 covered the following practice issues:
Inconsistent
Purchase of own shares for share-based payments reclassified under cash flows from financing activities, indicating prior year non-compliance.
Restatement
Restatement increases offsetting of deferred tax assets and liabilities.
Pronouncements
Offsetting analysis published for financial assets and financial liabilities.
Change
Provisions presented separately on balance sheet.

Impacts Of Changes To Corporation Tax, an emerging issue under IFRS

This report reviews a small sample of UK companies  that disclose the impact of the government’s announced change to corporation tax.

VAT Refund - Income Or A Liability?

We have reviewed the treatment of VAT refunds by a small sample of companies pending a decision by the European Court of Justice.

JD Wetherspoon plc Period End 26 July 2009

JD Wetherspoon plc Annual Report 2009

Profit reduced by 17% following correction of a prior year error

UK pub company JD Wetherspoon chooses not to correct a prior period error retrospectively but to record the cumulative impact in the current year that reduces pre-tax profit by 17%.

JD Wetherspoon plc Period End 26 July 2009

JD Wetherspoon plc Annual Report 2009

Profit reduced by 17% following correction of a prior year error

UK pub company JD Wetherspoon chooses not to correct a prior period error retrospectively but to record the cumulative impact in the current year that reduces pre-tax profit by 17%.