Page 66 - DWF Annual Report 2017

Notes to the Financial Statements

Year ended 30 April 2017 (continued)

Office
9. TANGIBLE FIXED ASSETS Leasehold equipment Computer Assets under
& fixtures
improvements and fittings equipment construction Total
Group £’000 £’000 £’000 £’000 £’000
Cost
At 1 May 2016 14,019 5,959 31,559 889 52,426
Additions on acquisitions 425 518 141 - 1,084

Additions 215 1,011 2,275 - 3,501
Transfers 889 - - (889) -
At 30 April 2017 15,548 7,488 33,975 - 57,011
Accumulated depreciation
At 1 May 2016 7,822 3,996 23,053 - 34,871
Accumulated depreciation on acquisitions 60 44 37 - 141
Charge for the year 1,084 537 4,092 - 5,713

At 30 April 2017 8,966 4,577 27,182 - 40,725
Net book value
At 30 April 2017 6,582 2,911 6,793 - 16,286
At 30 April 2016 6,197 1,963 8,506 889 17,555

Office
equipment
Leasehold & fixtures Computer Assets under
improvements and fittings equipment construction Total
LLP £’000 £’000 £’000 £’000 £’000

Cost
At 1 May 2016 14,019 5,857 31,559 889 52,324
Additions 226 1,013 2,284 - 3,523
Transfers 889 - - (889) -
At 30 April 2017 15,134 6,870 33,843 - 55,847
Accumulated depreciation
At 1 May 2016 7,830 3,996 23,053 - 34,879

Charge for the year 1,069 503 4,086 - 5,658
At 30 April 2017 8,899 4,499 27,139 - 40,537
Net book value
At 30 April 2017 6,235 2,371 6,704 - 15,310
At 30 April 2016 6,189 1,861 8,506 889 17,445

ASSETS HELD UNDER FINANCE LEASE

The Group has leases which are considered to meet the definition of finance leases and are accounted for accordingly. The net book value
of tangible fixed assets held under finance leases amount to £705,000 (2016: £1,177,000).