NOTES TO THE ACCOUNTS
NOTE 22 – REVALUATION RESERVE Group
At 1 August 2010 Revaluation in the year Fixed assets – land and buildings Fixed assets investments – fine art and books Fixed assets investments – quoted shares
Transfer from revaluation to general reserve: Depreciation on re-valued assets
University
At 1 August 2010 Revaluation in the year Fixed assets – land and buildings Fixed assets investments – fine art and books Fixed assets investments – quoted shares
At 31 July 2011
Total £’000
209,992
5,559
215,551
51,456 – –
– 674 420
51,456 674 420
51,456
1,094
52,550
(3,380)
–
(3,380)
(3,380)
–
(3,380)
258,068
6,653
264,721
Freehold Land and Buildings £’000
Fixed Asset Investments £’000
Total £’000
206,952
5,559
212,511
51,350 – –
– 674 420
51,350 674 420
51,350
1,094
52,444
(3,318)
–
(3,318)
(3,318)
–
(3,318)
6,653
261,637
254,984
The impairment on re-valued assets is in relation to the Geoffrey Pope building. See note 12 for further details.
55
NOTES TO ACCOUNTS
Transfer from revaluation to general reserve: Depreciation on re-valued assets
Fixed Asset Investments £’000
F I N A N C I A L S TAT E M E N T S
At 31 July 2011
Freehold Land and Buildings £’000