Disclosure Of Material Accounting Policy Information [Text Block]

PENDRAGON PLC - Filing #5881731

Concept	2024-02-01 to 2024-12-31
Disclosure of material accounting policy information [text block]	Accounting policy
Description of accounting policy for borrowings [text block]	Loans and borrowings
Description of accounting policy for business combinations and goodwill [text block]	All business combinations are accounted for by applying the purchase method. Goodwill represents the excess of the cost of acquisition over the
Description of accounting policy for deferred income tax [text block]	Deferred tax is recognised using the balance sheet liability method, recognising temporary differences between the carrying amounts of assets and
Description of accounting policy for depreciation expense [text block]	Freehold land is not depreciated. Depreciation is provided to write off the cost less the estimated residual value of other assets by equal instalments
Description of accounting policy for determining components of cash and cash equivalents [text block]	Cash and cash equivalents
Description of accounting policy for earnings per share [text block]	Accounting policy
Description of accounting policy for finance costs [text block]	Finance expense comprises interest expense on borrowings, unwinding of the discount on provisions recognised in profit and loss. All borrowing
Description of accounting policy for finance income and costs [text block]	Accounting policy
Description of accounting policy for financial assets [text block]	Financial assets
Description of accounting policy for financial instruments [text block]	4.1 Accounting policies
Description of accounting policy for foreign currency translation [text block]	Foreign currencies
Description of accounting policy for functional currency [text block]	Transactions in foreign currencies are translated to the respective
Description of accounting policy for goodwill [text block]	Accounting policies
Description of accounting policy for impairment of financial assets [text block]	Impairment of financial assets
Description of accounting policy for income tax [text block]	Accounting policy
Description of accounting policy for leases [text block]	Accounting policies
Description of accounting policy for intangible assets other than goodwill [text block]	Intangible assets other than goodwill are stated at cost less accumulated amortisation and any impairment losses. This category of asset includes
Description of accounting policy for interest income and expense [text block]	Finance income comprises interest income on funds invested that are recognised in profit and loss. Interest income is recognised as it accrues
Description of accounting policy for property, plant and equipment [text block]	Accounting policy
Description of accounting policy for research and development expense [text block]	Internally generated intangible assets relate to activities that involve the development of dealer management systems. Development expenditure
Description of accounting policy for share-based payment transactions [text block]	Accounting policy
Description of accounting policy for trade and other payables [text block]	Accounting policy
Description of accounting policy for trade and other receivables [text block]	Accounting policy