Shaftesbury

Shaftesbury plc Monitor

Shaftesbury plc Annual Report 2017
CR Monitor Issue: 
2018/0301
Company covered: 
Shaftesbury plc
Period End: 
30 September, 2017
Report issued on 06 March 2018 covered the following practice issues:
Change
Profit on disposal of investment properties presented on the face of the income statement.
Change
New alternative performance measures section added to the annual report.
Pronouncements
Summarised disclosure of future impacts of new standards including quantification in respect of IFRS 16.
Restatement
Cash flow statement re-classification without full explanation.

Shaftesbury PLC Monitor

Shaftesbury PLC Annual Report 2016
CR Monitor Issue: 
2017/0311
Company covered: 
Shaftesbury PLC
Period End: 
30 September, 2016
Report issued on 28 March 2017 covered the following practice issues:
Change
Increase in debenture stock liability following revaluation of the stock at fair value.
New
Redemption of debenture stock disclosed as a post balance sheet event
Change
Audit report includes discussion of risk areas of possible material misstatement.
New
Auditors' identify revenue recognition as a possible area of risk of material misstatement.
Change
Financial instrument disclosures altered to exclude classes of trade and other payables.
Change
Interest book values disclosed in tandem with financial liability undiscounted contractual cash flow analysis.

Viability statements: an emerging issue in the UK

This Emerging issue report analyses the content of early viability statements issued in the annual reports of UK companies, prepared under the UK Corporate Governance Code 2014, effective for periods beginning on or after 1 October 2014.

Shaftesbury PLC Monitor

Shaftesbury PLC Annual Report 2015
CR Monitor Issue: 
2016/0206
Company covered: 
Shaftesbury PLC
Period End: 
30 September, 2015
Report issued on 12 February 2016 covered the following practice issues:
Pronouncements
Joint venture accounted for under equity method after adoption of new consolidation Standard.
Pronouncements
Viability statement under revised UK Corporate Governance Code looks forward for five years.

Shaftesbury plc Period End 30 September 2008

Shaftesbury Annual Report 2008

Loss incurred, as less active market increases valuation uncertainties
UK property investment company Shaftesbury recognises a £223 million reduction in the value of investment property, whilst the valuers’ report notes a greater degree of uncertainty through reduced volume of transactions.

Shaftesbury plc Period End 30 September 2007

Shaftesbury Annual Report Year 2008

REIT conversion charge treatment reduces deferred tax gain
Shaftesbury derecognises £171 million deferred tax on revalued property, representing 138% of pre-tax profit and includes its £27.5 million Real Estate Investment Trust (REIT) conversion charge in tax charge, with a knock-on effect on share-based payment reserve.