KCHC Annual Review 2023-24 WEB Singles - Flipbook - Page 61
Notes to the financial statements
5. Balance sheet
5.1. Tangible fixed assets
Fixtures, fittings and equipment
2023/24
2022/23
£’000
£’000
£’000
At the start of the year
74
74
54
Additions in year
34
34
20
Disposals in year
-
-
-
108
108
74
At the start of the year
41
41
21
Charge for the year
26
26
20
Eliminated on disposal
-
-
-
At the end of the year
67
67
41
At the end of the year
41
41
33
As at 31 March 2024
As at 31 March 2023
£’000
£’000
Market value brought forward
24,436
26,876
Add: additions to investments at cost
32,201
8,789
(30,899)
(8,789)
345
274
Less: fees
(117)
(120)
Add net unrealised gain (loss) on revaluation
1,182
(2,594)
27,148
24,436
2,849
5,321
29,997
29,757
Cost or valuation
At the end of the year
Depreciation
5.2. Investments
Movement in fixed asset investments
Less: disposals
– Proceeds
– Realised gain
Market value as at 31 March 2024
Cash held for reinvestment
Total market value as at 31 March 2024
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