5949 Whistl Annual Report FINAL

14 Tangible fixed assets - Group

Fixtures and fittings

Long Leasehold property

Computer equipment

Plant and machinery

Total

£’000

£’000

£’000

£’000

£’000

Cost At 1 January 2017

739

4,035

613

373

5,760

Acquisitions through business combinations

36

22

81

- - - -

139

Disposals Additions

- - -

(2)

(23)

(25)

2,688

96

2,784

Impairment reversal

550

-

550 801

Transfer

1,733

(879)

(73)

20

At 31 December 2017

2,508

6,414

694

393

10,009

Depreciation At 1 January 2017

10

1,609

165

116

1,900

Disposals

-

-

(21)

-

(21)

Depreciation

242

1,199

141

162

1,744

Transfer

-

-

-

-

-

At 31 December 2017

252

2,808

285

278

3,623

Net Book Value At 31 December 2017 At 31 December 2016

2,256

3,606 2,426

409 448

115

6,386 3,860

729

257

Assets under construction of £1,156,000 (2016: £nil) are included in Plant and machinery.

15 Investments in Subsidiary undertakings - Company

2017 £’000

Cost

At 1 January 2017 and 31 December 2017

-

Net book value

-

At 31 December 2017 the company had a majority shareholding in the following entities:

Proportion of Ordinary shares held (%)

Country of incorporation

Undertaking

Activity

Holding Company

Whistl Limited

UK*

100

*Registered o–ce at Meridian House, Fieldhouse Lane, Marlow, Buckinghamshire, SL7 1TB. The Directors consider that the value of the investments to be supported by their underlying assets, projections and prospects for the business.

48 Financials | Whistl Annual Report 2017

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