THE ALEXANDER BEARD GROUP PLC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2012
9.
TAXATION (continued)
- 18 -
Factors affecting tax charge for the year
The tax assessed for the year is lower than (2011 - lower than) the standard rate of corporation tax in
the UK of 20% (2011 - 20%). The differences are explained below:
2012
2011
£
£
Profit on ordinary activities before tax
89,575
87,872
Profit on ordinary activities multiplied by standard rate of
corporation tax in the UK of 20% (2011 - 20%)
17,915
17,574
Effects of:
Expenses not deductible for tax purposes, other than goodwill
amortisation and impairment
4,328
542
Capital allowances for year in excess of depreciation
(2,119)
(4,031)
Adjustments to tax charge in respect of prior periods
4,889
(16,386)
Dividends from UK companies
(7,500)
(15,750)
Other differences leading to an increase (decrease) in the tax
charge
(124)
31,964
Current tax charge for the year
(see note above)
17,389
13,913
Factors that may affect future tax charges
There were no factors that may affect future tax charges.
10. INTANGIBLE FIXED ASSETS
Goodwill
Group
£
Cost
At 1 December 2011
568,833
Disposals
(70,000)
At 30 November 2012
498,833
Amortisation
At 1 December 2011
368,909
Charge for the year
46,096
On disposals
(16,527)
At 30 November 2012
398,478
Net book value
At 30 November 2012
100,355
At 30 November 2011
199,924
1...,11,12,13,14,15,16,17,18,19,20 22,23,24,25,26,27,28,29,30,31,...35