Page 65 - DWF Annual Report 2017

Notes to the Financial Statements

Year ended 30 April 2017 (continued)

8. INTANGIBLE FIXED ASSETS Negative Development
Goodwill goodwill Software costs* Total
Group £’000 £’000 £’000 £’000 £’000
Cost
At 1 May 2016 766 - 57 782 1,605
Additions 1,002 (1,273) 301 278 308
At 30 April 2017 1,768 (1,273) 358 1,060 1,913
Accumulated amortisation

At 1 May 2016 452 - 27 211 690
Charge for the year 234 (882) 14 192 (442)
At 30 April 2017 686 (882) 41 403 248
Net book value
At 30 April 2017 1,082 (391) 317 657 1,665
At 30 April 2016 314 - 30 571 915

* Development costs have been capitalised in accordance with FRS 102 section 18 intangible assets other than goodwill and are therefore not
treated as a realised loss.

Negative Development
Goodwill goodwill Software costs* Total
LLP £’000 £’000 £’000 £’000 £’000

Cost
At 1 May 2016 67 - 57 - 124
Additions 200 - 300 - 500
At 30 April 2017 267 - 357 - 624
Accumulated amortisation
At 1 May 2016 - - 27 - 27

Charge for the year 47 - 14 - 61
At 30 April 2017 47 - 41 - 88
Net book value
At 30 April 2017 220 - 316 - 536
At 30 April 2016 67 - 30 - 97

* Development costs have been capitalised in accordance with FRS 102 section 18 intangible assets other than goodwill and are therefore not
treated as a realised loss.

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