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Investment properties (Table)
12 Months Ended
Jun. 30, 2020
Investment properties  
Schedule of investment property

 

 

 

 

    

£’000

At 1 July 2018

 

 

Cost

 

19,769

Accumulated depreciation and impairment

 

(5,933)

Net book amount

 

13,836

Year ended 30 June 2019

 

 

Opening net book amount

 

13,836

Additions

 

12,424

Depreciation charge

 

(157)

Impairment charge

 

(1,124)

Closing net book amount

 

24,979

At 30 June 2019

 

 

Cost

 

32,193

Accumulated depreciation and impairment

 

(7,214)

Net book amount

 

24,979

Year ended 30 June 2020

 

 

Opening net book amount

 

24,979

Depreciation charge

 

(365)

Impairment charge

 

(3,787)

Closing net book amount

 

20,827

At 30 June 2020

 

 

Cost

 

32,193

Accumulated depreciation and impairment

 

(11,366)

Net book amount

 

20,827

 

Schedule of other amounts recognized in profit or loss for investment properties

 

 

 

 

 

 

 

 

    

2020

    

2019

    

2018

 

 

£’000

 

£’000

 

£’000

Rental revenue

 

2,424

 

1,749

 

1,371

Direct operating expenses from properties, all of which generated rental revenue

 

305

 

416

 

182