Close Brothers

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2018
CR Monitor Issue: 
2019/0102
Company covered: 
Close Brothers Group plc
Period End: 
31 July, 2018
Report issued on 08 January 2019 covered the following practice issues:
Change
Separate disclosure regarding discontinued operations.
Pronouncements
Enhanced disclosure in respect of the impacts of the future adoption of IFRS 9 "Financial instruments" including quantification.
Change
Discussion of new key audit matter in respect of IFRS 9 disclosures.
Restatement
Changes in income statement format resulting in restatement of comparative figures.

Segment disclosures and the chief operating decision maker under IFRS

This report sets out our findings in respect of a review of the IFRS segment disclosures of 25 UK listed companies, drawn from a range of different industries, as covered by IFRS 8 “Operating segments”. We consider a number of points including disclosures in respect of the chief operating decision maker, the factors used to identify reportable segments and whether there has been aggregation of operating segments and income statement and statement of financial position information reported by segment.

Intangible assets - Close Brothers Group plc

Period End: 
31 July, 2016
Period End Date: 
2016-07-31
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
8777 Investment Services
Auditor: 
Deloitte

Brexit Disclosures in Listed Company Annual reports

The referendum vote to leave the European Union (EU) has undoubtedly led to uncertainty for business and will potentially have far reaching impacts for companies from many different industries. This report, pulled together in March 2017, focuses on the information that companies have disclosed within their annual reports during the latter half of 2016. It sets out disclosures around risk as well as the disclosure of Brexit impacts which have already been felt and the resulting ramifications.

Provisions - Close Brothers Group plc

Period End: 
31 July, 2016
Period End Date: 
2016-07-31
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
8777 Investment Services
Auditor: 
Deloitte

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2016
CR Monitor Issue: 
2017/0203
Company covered: 
Close Brothers Group plc
Period End: 
31 July, 2016
Report issued on 7 February 2017 covered the following practice issues:
Change
Change in allocation of depreciation in respect of assets rented out under operating leases.
Change
Changes in presentation of segmental information as a result of allocation of treasury income to individual lending businesses.
Change
Change in calculation of net interest margin and restatement of net margin interest ratio.
Change
Change in disclosure of maximum exposure to the credit risk following restatement of comparative undrawn commitments.
Change
Transfer of listed equity shares from Level 1 to Level 2 within the fair value valuation hierarchy.

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2015
CR Monitor Issue: 
2016/0212
Company covered: 
Close Brothers Group plc
Period End: 
31 July, 2015
Report issued on 26 February 2016 covered the following practice issues:
New
Gain on business disposal adjusted for post year end account finalisation.
Change
Clawback provision on variable remuneration implemented and disclosed.

Close Brothers Group plc Monitor

Close Brother Group plc Annual Report 2014
CR Monitor Issue: 
2014/1204
Company covered: 
Close Brother Group plc
Period End: 
31 July 2014
Report issued on 09 December 2014 covered the following practice issues:
Change
Loan to value analysis disclosed for some loans & advances to customers.
Pronouncements
Deferred tax balances analysed into seven types.
Change
Current tax liabilities presented separately on face of balance sheet.
Pronouncements
Introduction of strategic report.

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2012
CR Monitor Issue: 
2013/0102
Company covered: 
Close Brothers Group plc
Period End: 
31 July 2012
Report issued on 08 January 2013 covered the following practice issues:
Change
Equity accounting for residual interest in associate continues after part disposal and agreement to phased sale.
Divergence
Cash outflows from purchase of own shares transferred from investing to financing activities, highlighting prior year non-compliance.
Change
Key performance indicators and strategic objectives explicitly identified.