Page 96 - Pobl Annual Report FY25

94 Annual Report 2025
Notes to the Financial Statements
for the year ended 31 March 2025
Company
Leasehold
properties
Office
furniture
&
equipment
Computer
equipment Total
£’000 £’000 £’000 £’000
Cost
At 1 April 2024 907 1,123 24 2,054
Additions - - 416 416
At 31 March 2025 907 1,123 440 2,470
Depreciation
At 1 April 2024 146 1,004 19 1,169
Charge for the year 30 46 80 156
At 31 March 2025 176 1,050 99 1,325
Net Book Value
At 31 March 2025 731 73 341 1,145
At 31 March 2024 761 119 5 885
13. Property, Plant and Equipment – Other Fixed Assets (continued)
Group Company
£’000 £’000
Ar 1st April 2024 (Group restated) and 31 March 2025 35,453 1,006
An assessment of the market value was undertaken internally using a range of sources of evidence, including
reference to third party valuations prepared for funders. The fair value of the property transferred in the year was
as- sessed to be equal to its book value. There is no change to the assessed values of existing investment
properties in the year
14. Investment Properties