Consolidated statement of changes in equity
Consolidated statement of changes in equity for the year ending 31 March 2026
| Note | Operating reserve £³¾ | Hedging reserve £³¾ | Translation reserve £³¾ | Total £³¾ | Non-controlling interests £³¾ | Total £³¾ | |
|---|---|---|---|---|---|---|---|
|
At 1 April 2024 |
|
1,930 |
10 |
37 |
1,977 |
1 |
1,978 |
|
Deficit for the year |
|
(112) |
– |
– |
(112) |
– |
(112) |
|
Currency translation adjustment |
– |
– |
(14) |
(14) |
– |
(14) |
|
|
Cash flow hedges |
– |
11 |
– |
11 |
– |
11 |
|
|
Deferred tax on financial instruments |
– |
(3) |
– |
(3) |
– |
(3) |
|
|
Recycling of translation reserves on disposal |
|
– |
– |
(31) |
(31) |
– |
(31) |
|
Remeasurement of defined benefit pension scheme |
959 |
– |
– |
959 |
– |
959 |
|
|
Total comprehensive income/(loss) for the year |
|
847 |
8 |
(45) |
810 |
– |
810 |
|
Dividends declared in year |
– |
– |
– |
– |
(1) |
(1) |
|
|
At 31 March 2025 |
|
2,777 |
18 |
(8) |
2,787 |
– |
2,787 |
|
Deficit for the year |
|
(120) |
– |
– |
(120) |
(1) |
(121) |
|
Currency translation adjustment |
– |
– |
(10) |
(10) |
– |
(10) |
|
|
Cash flow hedges |
– |
(10) |
– |
(10) |
– |
(10) |
|
|
Deferred tax on financial instruments |
– |
3 |
– |
3 |
– |
3 |
|
|
Remeasurement of defined benefit pension scheme |
(418) |
– |
– |
(418) |
– |
(418) |
|
|
Total comprehensive loss for the year |
|
(538) |
(7) |
(10) |
(555) |
(1) |
(556) |
|
At 31 March 2026 |
|
2,239 |
11 |
(18) |
2,232 |
(1) |
2,231 |