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Property, plant and equipment
12 Months Ended
Jun. 30, 2021
Property, plant and equipment.  
Property, plant and equipment

13

Property, plant and equipment

Freehold

Plant and

Fixtures

property

machinery

and fittings

Total

    

£’000

    

£’000

    

£’000

    

£’000

At 1 July 2019

 

 

 

 

Cost

 

268,981

 

34,845

 

64,806

 

368,632

Accumulated depreciation

 

(53,155)

 

(29,688)

 

(39,757)

 

(122,600)

Net book amount

 

215,826

 

5,157

 

25,049

 

246,032

Year ended 30 June 2020

 

 

 

 

Opening net book amount

 

215,826

 

5,157

 

25,049

 

246,032

Additions

 

1,919

 

3,440

 

15,783

 

21,142

Depreciation charge

 

(3,280)

 

(2,836)

 

(6,619)

 

(12,735)

Closing net book amount

 

214,465

 

5,761

 

34,213

 

254,439

At 30 June 2020

 

 

 

 

Cost

 

270,900

 

38,222

 

79,741

 

388,863

Accumulated depreciation

 

(56,435)

 

(32,461)

 

(45,528)

 

(134,424)

Net book amount

 

214,465

 

5,761

 

34,213

 

254,439

Year ended 30 June 2021

 

 

 

 

Opening net book amount

 

214,465

 

5,761

 

34,213

 

254,439

Additions

 

721

 

3,091

 

1,795

 

5,607

Transfers

 

7,366

 

 

(7,366)

 

Depreciation charge

 

(3,432)

 

(3,507)

 

(6,048)

 

(12,987)

Closing net book amount

 

219,120

 

5,345

 

22,594

 

247,059

At 30 June 2021

 

 

 

 

Cost

 

278,987

 

38,309

 

73,528

 

390,824

Accumulated depreciation

 

(59,867)

 

(32,964)

 

(50,934)

 

(143,765)

Net book amount

 

219,120

 

5,345

 

22,594

 

247,059

(i)

Assets pledged as security

Property, plant and equipment with a net book amount of £213,452,000 (2020: £211,296,000) has been pledged to secure the secured term loan facility and senior secured notes borrowings of the Group (see note 25).

(ii)

Depreciation methods and useful lives

Land is not depreciated. With the exception of freehold property acquired before 1 August 1999, depreciation is calculated using the straight-line method to allocate cost, net of residual values, over the estimated useful lives as follows:

Freehold property

75 years

Computer equipment and software (included within Plant and machinery)

3 years

Plant and machinery

4-5 years

Fixtures and fittings

7 years

Freehold property acquired before 1 August 1999 is depreciated on a reducing balance basis at an annual rate of 1.33%.

See note 2.11 for the other accounting policies relevant to property, plant and equipment, and note 2.10 for the Group’s policy regarding impairments.

13Property, plant and equipment (Continued)

(iii)

Capital commitments

See note 32.1 for disclosure of capital commitments relating to property, plant and equipment.