183
| SCOTTISH ENTERPRISE |
| 2026 | 2025 |
| Joint Developments (i) (ii) | Office Dilapidations & Repairs (iii) | Total | Total |
|---|
| £000 | £000 | £000 | £000 |
|---|
| Balance at 1 April | 3,510 | 2,249 | 5,759 | 5,827 |
|---|
| Provided in the year | - | 380 | 380 | - |
|---|
| Discount | 38 | 5 | 43 | (68) |
|---|
| Provisions not required written back | (2,455) | - | (2,455) | - |
|---|
| Provisions utilised in the year | (12) | - | (12) | - |
|---|
| At 31 March | 1,081 | 2,634 | 3,715 | 5,759 |
|---|
| Non-Current Provisions | 1,008 | 2,556 | 3,564 | 2,554 |
|---|
| Current Provisions | 73 | 78 | 151 | 3,205 |
|---|
| Total Provisions at 31 March | 1,081 | 2,634 | 3,715 | 5,759 |
|---|
- i)Under a joint development agreement with Falkirk Council, provision is made for costs which may be met from future sale proceeds of the land owned by Scottish Enterprise. The assumption has been made that the balance will carry forward for a further 10 years from the balance sheet date.
- ii)Under a joint development agreement with South Ayrshire Council, provision was made for potential repayment of funding provided by South Ayrshire Council. It has been confirmed that there is no repayment required and therefore this provision has been written back in the year ending 31 March 2026.
- ii)Provision has been made for dilapidations across Scottish Enterprise's occupational office accommodation. There are 4 offices with leases expiring between October 2026 and April 2031. An assessment has been made for each office and they have been discounted using the discount rates provided by HM Treasury (December 2025).
- iv)Playpark equipment purchased at Loch Lomond Shores was funded from a proprietor's sinking fund. The equipment has been capitalised and a corresponding asset repayment provision recognised for the net book value of the equipment should it be disposed of by Scottish Enterprise within its 20-year expected life.