5371 Apparel Retailers

Halfords Group Plc Interim Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2019/0420
Period End: 
28 September 2018
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
5379 Specialty Retailers
Auditor: 
KPMG
Pronouncements
IFRS 15 Revenue from contracts with customers adopted from 31 March 2018.
Pronouncements
Disclosures included in respect of the future expected impacts of IFRS 16 Leases which is effective for accounting periods starting on or after 1 January 2019.
Change
Reconciliations of alternative performance measures to IFRS figures presented.
Change
Detailed disclosure of fair value measurements and the classification of financial instruments.

WH Smiths Plc Monitor

WH Smiths Plc Annual Report 2018
CR Monitor Issue: 
2019/0206
Company covered: 
WH Smiths Plc
Period End: 
31 August, 2018
Report issued on 19 February 2019 covered the following practice issues:
Pronouncements
Additional disclosure in respect of the expected impact of new accounting standards including IFRS 9 “Financial instruments”, IFRS 15 “Revenue from contracts with customers” and IFRS 16 “leases”.
Change
Exceptional non-underlying items including restructuring costs highlighted on the face of the income statement.
Change
Non-underlying items identified as a new key audit matter.
Change
Disclosure in respect of business acquisition made during the year.
Change
Disclosure made in respect of post balance sheet share buyback

Greggs PLC Monitor

Greggs PLC Annual Report 2017
CR Monitor Issue: 
2018/1009
Company covered: 
Greggs PLC
Period End: 
30 December, 2017
Report issued on 09 October 2018 covered the following practice issues:
Change
Separate discussion of director and auditor responsibilities and key audit matters in the audit report.
Change
Disclosure of post balance sheet disposal of vacant site.
Change
Change in defined benefit pension liability after taking into account new assumption in respect of the commutation of benefits.
Change
Separate alternative performance measures section added.
Change
Change in disclosure of key management remuneration.

Sports Direct International plc Monitor

Sports Direct International plc Annual Report 2017
CR Monitor Issue: 
2018/0205
Company covered: 
Sports Direct International plc
Period End: 
30 April, 2017
Report issued on 13 February 2018 covered the following practice issues:
Restatement
Segment reporting structure altered to show international retail business separately.
Change
Aggregate information disclosed in respect of immaterial business combinations.
Change
Profit on disposal of a subsidiary highlighted on the face of the income statement.
Change
Introduction of detailed disclosure in respect of related parties.
Change
Purchase of company strategic stakes disclosed in post balance sheet events note.
Change
Identification of "brexit" as a new principal risk factor.

NEXT plc Monitor

NEXT plc Annual Report 2017
CR Monitor Issue: 
2017/1009
Company covered: 
NEXT plc
Period End: 
28 January, 2017
Report issued on 24 October 2017 covered the following practice issues:
Pronouncements
Disclosure of future impending impacts of new revenue, financial instruments, and leases standards.
Change
Defined benefit pension disclosures enhanced to include analysis of the expense recognised in other comprehensive income.
Change
Disclosure of defined benefit pension valuation assumptions and related sensitivity analysis extended.
Change
Principal risk disclosures enhanced to consider the possible impacts of Brexit.
Change
Disclosure of proposed changes in directors' remuneration policy.
Change
Enhancement of auditors’ report by inclusion of tabular presentation explaining audit scope.

JD Sports Fashion Plc Monitor

JD Sports Fashion Plc Annual Report 2017
CR Monitor Issue: 
2017/0807
Company covered: 
JD Sports Fashion Plc
Period End: 
28 January, 2017
Report issued on 15 August 2017 covered the following practice issues:
Change
Book values and provisional fair values disclosed in respect of businesses acquired.
Change
Restatement of earnings per share following share split.
Change
Brexit and cyber security identified as areas of principal risk
Change
Recognition of accelerated depreciation following a review of the useful life of assets.
Change
Introduction of glossary including discussion of alternative performance measures

Sports Direct International plc Monitor

Sports Direct International plc Annual Report 2016
CR Monitor Issue: 
2017/0412
Company covered: 
Sports Direct International plc
Period End: 
24 April, 2016
Report issued on 20 January 2017 covered the following practice issues:
Divergence
Lack of clarity as to the calculation of goodwill in a step acquisition.
Change
Improved disclosures of foreign currency contracts by type.
Change
Disclosure of non-current segment assets by geographical areas introduced.
Change
Identification of related party disclosures as a new audit risk area.
Change
Disclosures of deferred tax assets and liabilities by individual temporary difference further disaggregated.

Segment Reporting - Sports Direct International plc

Period End: 
24 April, 2016
Period End Date: 
2016-04-24
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
5371 Apparel Retailers
Auditor: 
Grant Thornton

JD Sports Fashion Plc Monitor

JD Sports Fashion Plc Annual Report 2016
CR Monitor Issue: 
2016/0906
Company covered: 
JD Sports Fashion Plc
Period End: 
30 January, 2016
Report issued on 20 September 2016 covered the following practice issues:
Divergence
Unexplained restatement in financial instrument fair values table.
Inconsistent
Reason for re-categorisation from Level 3 to Level 2 of valuation hierarchy not disclosed.
Pronouncements
Viability statement looking forward for five years presented.
New
IFRS 3 disclosures presented in respect of post balance sheet business combination.