ANCHOR-R&A-2024-FNL-080824

14. Stock 14.1 Stock: properties for sale

Group

Association

2024 £’000

2023 £’000 26,391

2024 £’000 32,197

2023 £’000

Completed properties Work in progress

101,496 69,995 171,491

431

166,275 24,757

33,345 33,776

192,666

56,954

An impairment loss was recognised in both the Group and Association statements of comprehensive income in respect of developments where the net realisable value was lower than the carrying value. This totalled £9,582,000 (2023: £753,000).

14.2 Stock: raw materials and consumables

Group

Association

2024 £’000

2023 £’000

2024 £’000

2023 £’000

Raw materials and consumables

294 294

300 300

294 294

300 300

Stocks of raw materials and consumables relate to catering supplies within residential care homes, bars, shops and restaurants.

15. Debtors: amounts falling due within one year

Group

Association

2024 £’000 16,708 (4,101) 12,607 1,106 14,487 5,021 5,156 38,377

2023 £’000 14,377 (2,838) 11,539 2,378

2024 £’000 16,708 (4,101) 12,607 1,106

2023 £’000 14,377 (2,838) 11,539

Rent and service charges receivable Less: Provision for bad and doubtful debts

Trade debtors Prepayments

2,378 9,873 4,401 8,587

9,847 13,243

Deficits carried forward on variable service charge schemes

4,401 9,199

5,021 4,162

Other debtors and accrued income

37,364 36,139

36,778

The impairment loss recognised in both the Group and Association statements of comprehensive income in respect of bad and doubtful debts was £1,758,000 (2023: £1,384,000).

94 Anchor Hanover Group Annual Report & Financial Statements 2024

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