RECONCILIATION OF THE CARRYING VALUE OF HERITAGE ASSETS HELD BY THE COUNCIL
| Heritage Assets Movements in 2025/26 | Martinware £000's | Mace and Badge £000's | Furniture £000's | Art collections £000's | Others £000's | Total Property, Plant & Equipment £000's |
|---|
| Cost or Valuation | | | | | | |
|---|
| At 1 April 2025 | 3,051 | 632 | 315 | 155 | 430 | 4,582 |
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| In year Movement | | - | - | - | | - |
|---|
| At 31 March 2026 | 3,051 | 632 | 315 | 155 | 430 | 4,582 |
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| Heritage AssetsMovements in 2024/25 | Martinware£000's | Mace and Badge£000's | Furniture£000's | Art collections£000's | Others£000's | TotalProperty,Plant &Equipment£000's |
|---|
| Cost or Valuation | | | | | | |
|---|
| At 1 April 2024 | 3,051 | 632 | 315 | 155 | 360 | 4,512 |
|---|
| In year Movement | - | - | - | - | 70 | 70 |
|---|
| At 31 March 2025 | 3,051 | 632 | 315 | 155 | 430 | 4,582 |
|---|
The council has several heritage assets, comprising of the council's art collection, ceramics, figurine and other antiques and civic regalia. These assets are held at insurance valuations which are based on market values.
Additionally, there is a World War II underground bunker at one of the borough's schools. It is the opinion of the council that obtaining a valuation for the bunker would be disproportionate in relation to the benefits derived by users of the financial statements. This heritage asset is therefore not included on the balance sheet, although it is likely that this would have no monetary value as no market would exist for the sale of the asset.