SportEngland_AR_17_18
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
There is a collection of artworks, furniture and fittings at Bisham Abbey that date from the 16 th century. The<br />
historical significance of these assets classifies the collection as Artworks and Antiques. The collection was<br />
last valued as at 31 March 2014.<br />
11 Property, plant and equipment – Council<br />
Buildings<br />
£’000<br />
Equipment<br />
£’000<br />
IT Equipment<br />
£’000<br />
Total<br />
£’000<br />
Cost<br />
At 1 April 2016 - 205 865 1,070<br />
Additions 1,928 10 282 2,220<br />
Gifted assets 1 (1,928) (10) - (1,938)<br />
Disposals - (<strong>18</strong>) (363) (381)<br />
At 31 March 20<strong>17</strong> - <strong>18</strong>7 784 971<br />
Additions 1,457 64 58 1,579<br />
Gifted assets 1 (1,457) (50) - (1,507)<br />
Disposals - (1) (110) (111)<br />
At 31 March 20<strong>18</strong> - 200 732 932<br />
Depreciation<br />
At 1 April 2016 - 67 607 674<br />
Charge for year - 41 131 <strong>17</strong>2<br />
Disposals - (<strong>18</strong>) (363) (381)<br />
At 31 March 20<strong>17</strong> - 90 375 465<br />
Charge for year - 32 <strong>17</strong>6 208<br />
Disposals - - (111) (111)<br />
At 31 March 20<strong>18</strong> - 122 440 562<br />
Net Book Value<br />
At 31 March 20<strong>17</strong> - 97 409 506<br />
At 31 March 20<strong>18</strong> - 78 292 370<br />
1 Sport England has gifted assets to its subsidiary, The Sports Council Trust Company. The assets gifted<br />
are relevant to the operational activities of the National Sports Centres. All assets are owned, no assets<br />
are supported by either finance leases or PFI contracts.<br />
The English Sports Council Grant-in-Aid Consolidated Accounts for the year ended 31 March 20<strong>18</strong> 79