3. Total resources expended (continued) Governance costs Total 2009 Total 2008 £’000 £’000 General costs incurred in servicing <strong>RNIB</strong>’s corporate committees and the statutory affairs of the charity Costs incurred in running the Chairman’s Office (including international activity – for example World Blind Union) 1,349 1,320 280 178 Total governance costs 1,629 1,498 Included within General costs above are the costs of Committee support and transcription services, which include Trustee expenses paid as detailed in note 12; an apportionment of Internal Audit costs; External Audit costs as detailed in note 13. 46 <strong>RNIB</strong> annual report and accounts 2008/09
4. Tangible fixed assets – group and charity Cost Service properties £’000 Service property under construction £’000 Machinery, vehicles and equipment £’000 Talking book machines £’000 Total £’000 Balance 1 April 2008 55,331 2,388 9,790 19,193 86,702 Additions 875 1,935 917 – 3,727 Disposals (1,631) – (1,595) – (3,226) Balance 31 March 2009 54,575 4,323 9,112 19,193 87,203 Accumulated depreciation Balance 1 April 2008 9,831 – 8,718 17,865 36,414 Charge for year 1,094 – 499 800 2,393 Disposals (595) – (1,579) – (2,174) Balance 31 March 2009 10,330 – 7,638 18,665 36,633 Net book value 31 March 2009 Net book value 31 March 2008 44,245 4,323 1,474 528 50,570 45,500 2,388 1,072 1,328 50,288 Service properties are used to provide services to blind and partially sighted <strong>people</strong>. Of the net book value of property used by <strong>RNIB</strong>, £1,035,000 (2008: £2,254,000) represents leaseholds of less than 50 years. Service property under construction relates to works carried out to date in respect of the <strong>RNIB</strong> Vision School and Children’s Home. A transfer has been made to the designated service properties fund in the sum of £1,774,000 comprising additions of £2,810,000 less £1,036,000 disposals in the year. A transfer has been made to the designated other fixed assets fund in the sum of £901,000 comprising additions of £917,000 less £16,000 disposals in the year. The net book value of talking book machines held under finance lease agreements at 31 March 2009 was £135,000 (2008: £692,000). Included in Talking Book Service expenditure is interest payable of £125,000 (2008: £183,000) and a depreciation charge of £558,000 (2008: £899,000) which relates to leased talking book machines. Financial statements for the year ended 31 March 2009 47