Annual Report 2015 | Page 75

Company Land & Plant & Total Buildings Equipment £’000 £’000 £'000 Cost    At 1 April 2014 80 547 627   Additions — 236 236 At 31 March 2015 80 783 863 Depreciation    At 1 April 2014    Charge for the year — — 190 124 190 124 At 31 March 2015 — 314 314 80 469 549 80 357 437 Net Book Value At 31 March 2015 Net Book Value At 31 March 2014 Freehold land of £80,000 (2014: £80,000) held at 31 March 2015 was not subject to depreciation. None of the tangible fixed assets of the Company were financed by finance leases or hire purchase agreements. 13 Capital Commitments Group capital commitments outstanding at 31 March 2015 were £1,971,000 (2014: £2,731,000). The Company had no capital commitments at either year-end. 73