Hello,
The only semi-official information that I can find regarding the differences between PCA10040 1.1.0 and 1.1.1 DK boards is this post. It suggests that there are only minor differences, primarily the source of a few components.
However, I just had a significant problem with the UART on two different 1.1.1 boards. I was able to solve the UART problem by using a 1.1.0 board.
I seriously doubt that I damaged two DK boards in exactly the same way. Are there any other differences that we should be aware of? If so, how do we solve them?