accord_fs_2020_JD_FINAL | Page 56

54 | Accord Housing Association
10a . Fixed Assets - Housing Properties
Housing properties held for lettings
Housing properties under construction
Shared ownership housing properties
Shared ownership housing properties under construction
Total
£ 000
£ 000
£ 000
£ 000
£ 000
Cost : At 1 April 2019
913,997
27,285
28,792
3,817
973,891
Works to existing properties
4,889
41,732
-
3,248
49,869
Schemes completed
7,850
( 7,850 )
-
-
-
Transfer to stock
-
-
-
-
-
Transfer from other fixed assets
-
-
-
-
-
Change of tenure
-
-
-
-
-
Disposals
( 7,349 )
-
( 544 )
-
( 7,893 )
At 31 March 2020 919,387 61,167 28,248 7,065 1,015,867
Depreciation : At 1 April 2019
86,888
-
2,300
-
89,188
Depreciation charged in the year
8,013
-
158
-
8,171
Released on disposal
( 1,827 )
-
( 43 )
-
( 1,870 )
At 31 March 2020 93,074 - 2,415 - 95,489
Net book value : At 31 March 2020 826,313 61,167 25,833 7,065 920,378
At 31 March 2019 827,109 27,285 26,492 3,817 884,703