Financial Statements 2017 Financial Statements 2017 | Page 70

10A. FIXED ASSETS - HOUSING PROPERTIES Housing Housing Shared Non-social Total properties properties ownership housing held for under housing properties lettings construction properties held for letting £’000 £’000 £’000 £’000 £’000 Cost: At 1 April 2016 790,094 18,450 32,847 1,394 842,785 Works to existing properties 4,779 34,664 - - 39,443 Schemes completed 19,582 (19,582) - - - Transfer to other fixed assets - (158) - - (158) Change of tenure 2,645 - (1,251) (1,394) - Disposals (3,708) (195) (585) - (4,488) At 31 March 2017 813,392 33,179 31,011 - 877,582 Depreciation: At 1 April 2016 66,256 - Depreciation charged in the year 7,100 - Change of tenure 264 - Released on disposal (1,106) - At 31 March 2017 72,514 - Net Book Value at 31 March 2017 At 31 March 2016 68 Accord Housing Association 2,099 179 (94) (45) 170 - (170) - 68,525 7,279 - (1,151) 2,139 - 74,653 740,878 33,179 28,872 - 802,929 723,838 18,450 30,748 1,224 774,260