Page 94 - Pobl Annual Report FY25

92 Annual Report 2025
Notes to the Financial Statements
for the year ended 31 March 2025
Group Held for letting Shared
Ownership
Nursing
Homes
Non-
Social
Other
Completed Under
Construction Completed Total
£’000 £’000 £’000 £’000 £’000 £’000
Cost
At 1 April 2024 restated 1,520,537 145,148 49,434 18,893 2,785 1,736,797
Additions 8,254 169,540 - - - 177,794
Capitalised interest - 3,523 - - - 3,523
Components capitalised 37,815 - - - - 37,815
Disposals (2,252) (25,430) (2,808) (13,888) - (44,378)
Components disposed (3,316) - - - - (3,316)
Reclassification to stock - 1,789 - - - 1,789
Transfer from other fixed
assets 814 - - - - 814
Transfer from grant - (3,257) - - - (3,257)
Transfers to completed
property 82,450 (93,814) 11,364 - - -
Transfers to Homebuy 119 - - - - 119
At 31 March 2025 1,644,421 197,499 57,990 5,005 2,785 1,907,700
Depreciation
At 1 April 2024 restated 180,452 331 331 6,323 631 188,068
Charge for the year 18,316 - 13 168 36 18,533
Eliminated in respect of
disposals (1,414) - - (3,697) - (5,111)
Previously charged on
replaced components (2,143) - - - - (2,143)
Transfer from other fixed
assets 24 - - - - 24
Impairment 404 - - - - 404
At 31 March 2025 195,639 331 344 2,794 667 199,775
Net Book Value
At 31 March 2025 1,448,782 197,168 57,646 2,211 2,118 1,707,925
At 31 March 2024
restated 1,340,085 144,817 49,103 12,570 2,154 1,548,729
12. Property, Plant and Equipment – Housing Properties