Page 91 - Pobl Annual Report FY25

Annual Report 2025 89
Notes to the Financial Statements
for the year ended 31 March 2025
Group Company
2025 2024 Restated 2025 2024
£’000 £’000 £’000 £’000
Proceeds 21,425 6,886 - -
Less: carrying value of fixed assets (15,361) (5,871) - (20)
Less: cost of sales (492) (120) - -
5,572 895 - (20)
Grant recycled (416) (1,194) - -
Surplus/(deficit) on disposal 5,156 (299) - (20)
6. Surplus/Deficit on Sale of Fixed Assets
Group
2025 2024 Restated
£’000 £’000
Proceeds 1,029 1,219
Less: carrying value of fixed assets (572) (516)
Less: cost of sales (78) (54)
Surplus on disposal 379 649
The Company does not hold any Homebuy properties.
7. Redemption of Homebuy
Group Company
2025 2024
Restated 2025 2024
£’000 £’000 £’000 £’000
Depreciation of fixed assets 20,214 18,856 156 133
Amortisation of intangible assets 523 858 37 65
Amortisation of government grant (9,791) (8,689) (400) (140)
Impairment of fixed assets 404 2,306 - -
Fees paid to auditor:
- audit fees 309 247 40 16
- non audit fees 64 76 64 -
Operating lease rentals 6,039 5,669 38 109
8. Operating Surplus/Deficit