Financial Statements 2018 financial statement- joomag | Page 55

10A. FIXED ASSETS - HOUSING PROPERTIES Housing Housing Shared Shared Total properties properties ownership ownership held for under housing housing lettings construction properties properties under construction £’000 £’000 £’000 £’000 £’000 Cost: At 1 April 2017 813,392 33,179 31,011 - 877,582 Works to existing properties 4,278 39,852 (58) 2,304 46,376 Schemes completed 29,349 (29,484) 135 - - Transfer to other fixed assets 93 (8) - - 85 Disposals (3,291) - (962) - (4,253) At 31 March 2018 843,821 43,539 30,126 2,304 919,790 Depreciation: At 1 April 2017 72,514 - Depreciation charged in the year 7,900 - Released on disposal (900) - At 31 March 2018 79,514 - Net Book Value at 31 March 2018 Net Book Value at 31 March 2017 54 Accord Housing Association 2,139 170 (72) - - - 74,653 8,070 (972) 2,237 - 81,751 764,307 43,539 27,889 2,304 838,039 740,878 33,179 28,872 - 802,929