PAGE | 48 EALING COUNCIL DRAFT STATEMENT OF ACCOUNTS 2025/26
Property, Plant & Equipment Movements in 2024/25Council Dwellings £000'sOther Land & Buildings £000'sOther Land & Buildings (PFI) £000'sVehicles, Plant & Equipment £000'sCommunity Assets £000'sSurplus Assets £000'sAssets Under Construction £000'sTotal Property, Plant & Equipment £000'sIntangible Assets £000's
Cost or Valuation
At 1 April 2024966,8421,027,939217,071128,95252,0316,361105,9322,505,12815,788
Additions33,96522,55417,5842,8441,57925589,318168,09817
Revaluation increases/(decreases) recognised in the Revaluation Reserve(15,559)(2,902)(11,532)-(138)70-(30,060)-
Revaluation increases/(decreases) recognised in the Surplus/Deficit on the Provision of Services(23,081)(1,663)--(3,363)(3,392)-(31,498)-
Derecognition - disposals(4,213)------(4,213)-
Derecognition - other(19,791)(13,571)-(63,386)--(112)(96,860)(848)
Other Reclassifications4,132155-414--(7,851)(3,150)75
Other movements---(4,130)---(4,130)-
At 31 March 2025942,2951,032,513223,12364,69450,1093,294187,2872,503,31515,032
Accumulated Depreciation and Impairment
At 1 April 2024(1,270)(4,272)-(110,772)(72)--(116,386)(6,077)
Depreciation charge(13,808)(42,840)(3,697)(2,676)(425)(152)-(63,598)(1,167)
Depreciation written out to the Revaluation Reserve10,80015,7793,697-15066-30,492-
Depreciation written out to the Surplus/Deficit on the Provision of Services2,8471,714--23180-4,871-
Impairment losses/reversals to Surplus/Deficit on Provision of Services(2,959)------(2,959)-
Derecognition - disposals47------47-
Derecognition - other2255,146-63,347---68,718848
Other movements in depreciation and impairment---4,130---4,130-
At 31 March 2025(4,118)(24,473)-(45,972)(116)(6)-(74,685)(6,396)
Net Book Value
At 31 March 2025938,1771,008,040223,12318,72249,9933,288187,2872,428,6308,636
At 31 March 2024965,5721,023,667217,07118,18051,9606,361105,9322,388,7429,711
Note: The opening net book value in 2024/25 includes £61,615k on transition of IFRS 16 Leases, see note 29 for further details. Note 29 includes details of the Right of Use Assets accounted within the Property, Plant and Equipment note above.