Page 59 - Annual Review 2015-2016

59

Notes to the Financial Statements FINANCIAL REVIEW

Year ended 30 April 2016

Office and
10. TANGIBLE FIXED ASSETS Leasehold Fixtures computer Assets under
improvements and fittings equipment construction Total
Group £’000 £’000 £’000 £’000 £’000
Cost
At 1 May 2015 13,891 5,802 28,833 - 48,526
Additions 128 157 2,726 889 3,900
At 30 April 2016 14,019 5,959 31,559 889 52,426

Accumulated depreciation
At 1 May 2015 6,357 3,629 18,831 - 28,817
Charge for the year 1,465 367 4,222 - 6,054
At 30 April 2016 7,822 3,996 23,053 - 34,871
Net book value
At 30 April 2016 6,197 1,963 8,506 889 17,555

At 30 April 2015 7,534 2,173 10,002 - 19,709

Office and
Leasehold Fixtures computer Assets under
improvements and fittings equipment construction Total
LLP £’000 £’000 £’000 £’000 £’000
Cost
At 1 May 2015 13,891 5,758 28,858 - 48,507
Additions 128 99 2,701 889 3,817
At 30 April 2016 14,019 5,857 31,559 889 52,324

Accumulated depreciation
At 1 May 2015 6,365 3,629 18,831 - 28,825
Charge for the year 1,465 367 4,222 - 6,054
At 30 April 2016 7,830 3,996 23,053 - 34,879

Net book value
At 30 April 2016 6,189 1,861 8,506 889 17,445
At 30 April 2015 7,526 2,129 10,027 - 19,682

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 lease amount to £1,177,000 (2015: £nil).