149
| GROUP | |||||||||
| For the year ended 31 March 2026 | Land | Buildings | Assets Under Construction | Transport Equipment | Plant and Equipment | Information Technology | Furniture & Fittings | Leasehold Improvements | Total |
|---|---|---|---|---|---|---|---|---|---|
| £000 | £000 | £000 | £000 | £000 | £000 | £000 | £000 | £000 | |
| Cost and valuation | |||||||||
| At 1 April 2025 | 75,792 | 89,826 | - | - | 14,583 | 3,677 | 985 | 12,542 | 197,405 |
| Additions | 141 | 72 | - | - | 205 | 40 | 17 | - | 475 |
| Disposals | (767) | - | - | - | (35) | (1,520) | (83) | (83) | (2,488) |
| Transfers from/(to) Held for Sale | 434 | - | - | - | - | - | - | - | 434 |
| Revaluation | 130 | 2,068 | - | - | - | - | - | - | 2,198 |
| At 31 March 2026 | 75,730 | 91,966 | - | - | 14,753 | 2,197 | 919 | 12,459 | 198,024 |
| Depreciation | |||||||||
| At 1 April 2025 | - | - | - | - | 13,440 | 3,631 | 927 | 11,908 | 29,906 |
| Charge for year | - | 3,905 | - | - | 884 | 29 | 23 | 76 | 4,917 |
| Revaluation | - | (3,905) | - | - | - | - | - | - | (3,905) |
| Disposals | - | - | - | - | (35) | (1,519) | (80) | (75) | (1,709) |
| At 31 March 2026 | - | - | - | - | 14,289 | 2,141 | 870 | 11,909 | 29,209 |
| Net book value | |||||||||
| At 31 March 2026 | 75,730 | 91,966 | - | - | 464 | 56 | 49 | 550 | 168,815 |
| At 31 March 2025 | 75,792 | 89,826 | - | - | 1,143 | 46 | 58 | 634 | 167,499 |
| Asset financing: | |||||||||
| Owned | 75,730 | 91,966 | - | - | 464 | 56 | 49 | 550 | 168,815 |
| At 31 March 2026 | 75,730 | 91,966 | - | - | 464 | 56 | 49 | 550 | 168,815 |
Land and Buildings held for industrial and commercial use were valued at 31 March 2026 by Graham & Sibbald, Chartered Surveyors, on a fair value basis as defined in the Valuation Standards (The Global Red Book) issued by The Royal Institution of Chartered Surveyors and had a total value of £168m (2025: £166m).
Within Buildings are buildings that have been revalued by Graham & Sibbald, Chartered Surveyors on the basis of depreciated replacement cost representing the gross replacement cost discounted for consumption of assets to date. The buildings are depreciated over a period of 55 years (2025: 55 years).
Assets under construction are held at cost less any impairment charges.