Page 102 - Pobl Annual Report FY25

100 Annual Report 2025
Notes to the Financial Statements
for the year ended 31 March 2025
Group 2025 2024 Restated
£’000 £’000
716,184 635,664
67,487 87,702
(1,926) (1,688)
(680) (959)
(3,257) (457)
- 2,103
- 2,508
(9,791) (8,689)
768,017 716,184
7,646 6,562
760,371 709,622
Net book value
At 1 April
Grants receivable
Disposals
Recycled
Transfer to housing properties
Transfer from loans
Transfer from other creditors
Amortisation for the year
At 31 March
Due within one year
Due after more than one year
The original value of grants held is £898m (2024: £838m).
Company 2025 2024
£’000 £’000
Net book value
At 1 April 7,497 7,637
Grants receivable 2,881 -
Amortisation for the year (400) (140)
At 31 March 9,978 7,497
Due within one year 400 140
Due after more than one year 9,578 7,357
24. Deferred Income - Government Grants
Group 2025 2024 Restated
£’000 £’000
At 1 April 14,392 12,192
Movements into recycled grant 1,910 2,675
Movements out of recycled grant (1,675) (475)
At 31 March 14,627 14,392
25. Recycled Capital Grant Fund