| Group | Company | ||||
| Note |
As at 27 June 2021 £m |
As at 28 June 2020 £m |
As at 27 June 2021 £m |
As at 28 June 2020 £m |
|
| Assets |
|
|
|
|
|
| Intangible assets | 8 | - |
2 |
- | - |
| Property, plant and equipment | 9 | 19 |
19 |
- | - |
| Lease right of use assets | 10 | 6 |
7 |
- | - |
| Investments | 11 | - |
9 |
- | - |
| Deferred tax assets | 12 | 1 |
1 |
- | - |
| Retirement benefit surplus | 7e | 40 |
22 |
40 |
22 |
| Trade and other receivables | 13 | - |
- |
420 |
774 |
| Total non-current assets |
|
66 |
60 |
460 |
796 |
| Inventories | 14 | 2,513 |
2,585 |
- |
- |
| Trade and other receivables | 13 | 100 |
38 |
361 |
300 |
| Current corporation tax | 1 |
7 |
1 |
1 |
|
| Cash and cash equivalents | 15f | 160 |
44 |
144 |
41 |
| Total current assets |
|
2,774 |
2,674 |
506 |
342 |
| Total assets |
|
2,840 |
2,734 |
966 |
1,138 |
| Equity |
|
|
|
|
|
| Retained earnings at 29 June 2020/1 July 2019 | 1,522 |
1,481 |
839 |
908 |
|
| Profit for the year | 254 |
113 |
- |
2 |
|
| Other comprehensive income for the year | 7 |
1 |
7 |
1 |
|
| Dividend paid | 5 | (21) |
(72) |
(21) |
(72) |
| Movement in LTIP/SAYE |
|
6 |
(1) |
- |
- |
| Retained earnings at 27 June 2021/28 June 2020 |
19 |
1,768 |
1,522 |
825 |
839 |
| Share capital | 18 | 37 |
37 |
37 |
37 |
| Share premium account |
19 |
59 |
59 |
59 |
59 |
| Other reserves |
19 |
8 |
8 |
7 |
7 |
|
Total equity |
|
1,872 |
1,626 |
928 |
942 |
| Liabilities |
|
|
|
|
|
| Bank loans | 15 | - |
170 |
- |
170 |
| Trade and other payables | 16 | 152 |
120 |
- | - |
| Deferred tax liabilities | 12 | 15 |
5 |
10 | - |
| Long-term provisions | 17 | 34 |
8 |
- | - |
| Total non-current liabilities |
|
201 |
303 |
10 |
170 |
| Trade and other payables | 16 | 767 |
805 |
28 |
26 |
| Total current liabilities |
|
767 |
805 |
28 |
26 |
| Total liabilities |
|
968 |
1,108 |
38 |
196 |
| Total equity and liabilities |
|
2,840 |
2,734 |
966 |
1,138 |
The financial statements on pages 180 to 217 were approved by the Board of Directors on 14 September 2021 and were signed on its behalf by:
MATTHEW PRATT BARBARA RICHMOND
Director Director
Redrow plc Registered Number 2877315