YMCA TRINITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. INVESTMENT PROPERTIES - Group and YMCA
2025
2024
£
£
As at 1 April 2024
2,700,000
2,700,000
Increase / (decrease) in value
-
-
As at 31 March 2025
2,700,000
2,700,000
Investment properties were valued by professionally qualified external valuers, Dohen Land in accordance with the Royal Institute of Chartered Surveyors valuation standards. The valuation was undertaken as at 31 March 2025 and is considered by the directors to continue to reflect the fair value of the investment properties at this date. Investment Property assets held with a carrying value of £2,700,000 (2024: £2,700,000) have been pledged as security for bank loans.
14. FIXED ASSET INVESTMENTS
Joint ventures £
Group
Cost or valuation At 1 April 2024
240,054
Additions
-
At 31 March 2025
240,054
Share of retained profits At 1 April 2024
- - -
Profit for the year At 31 March 2025 Net Book Value At 31 March 2025 At 31 March 2024
240,054 240,054
YMCA Trinity Group 17
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