Rnib group annual report and accounts 2010/11



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13. Tangible fixed assets




Group

Service properties
£’000

Service property under

construction

£'000

Machinery, vehicles and equipment

£’000

Talking Book players
£’000

Total

£’000

Cost
















Balance 1 April 2010

72,339

10,635

8,245

19,193

110,412

Fair value additions under acquisition


395

-

1

-

396

Additions

893

10,390

1,532

-

12,815

Elimination on Disposal

(1,719)

-

(1,279)

(11,229)

(14,227)

Transfers

2,326

(2,326)

-

-

-

Transfer to property held for sale

(2,511)


-

-

-

(2,511)

Balance 31 March 2011

71,723

18,699

8,499

7,964

106,885

Accumulated depreciation
















Balance 1 April 2010

11,748

-

5,719

19,024

36,491

Charge for year

1,768


-

971

105

2,844

Elimination on Disposal

(95)

-

(1,244)

(11,229)

(12,568)

Transfer to property held for sale

(109)

-

-

-

(109)

Balance 31 March 2011

13,312

-

5,446

7,900

26,658

Net book value 31 March 2011


58,411

18,699

3,053

64

80,227

Net book value 31 March 2010

60,591

10,635

2,526

169

73,921



Charity

Service properties
£’000

Service property under

construction

£'000

Machinery, vehicles and equipment

£’000

Talking Book players

£’000


Total

£’000

Cost
















Balance 1 April 2010

54,575

10,635

7,123

19,193

91,526

Additions

828

10,390

607

-

11,825

Elimination on Disposal

(212)

-

(984)

(11,229)

(12,425)

Transfers


2,326

(2,326)

-

-

-

Balance 31 March 2011

57,517

18,699

6,746

7,964

90,926

Accumulated depreciation
















Balance 1 April 2010

11,388

-

5,690

19,024

36,102

Charge for year

1,370

-


463

105

1,938

Elimination on Disposal

(91)

-

(982)

(11,229)

(12,302)

Balance 31 March 2011

12,667

-

5,171

7,900

25,738

Net book value 31 March 2011

44,850

18,699

1,575

64

65,188

Net book value 31 March 2010


43,187

10,635

1,433

169

55,424

Service properties are used to provide services to blind and partially sighted people. Of the net book value of property used by the group, £17,385,000 (2010: £17,810,000) represents leaseholds of more than 50 years whilst £1,897,000 (2010: £1,621,000) represents leaseholds of less than 50 years.

Service property under construction relates to works carried out to date in respect of the RNIB Pears Centre for Specialist Learning.

A transfer has been made to the designated service properties fund in the sum of £11,097,000 comprising additions of £11,218,000 less £121,000 disposals in the year.

A transfer has been made to the designated other fixed assets fund in the sum of £605,000 comprising additions of £607,000 less £2,000 disposals in the year.

Some talking book players are still held under finance lease agreements at 31 March 2011 but have been fully depreciated. Included in Talking Book Service expenditure is interest payable of £30,000 (2010: £69,000) and a depreciation charge of £nil (2010: £98,000) which relates to leased talking book players.



The net book values of fixed assets of the associated charities are held within the restricted funds as set out in note 20.




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