Plant, Equipment & Furniture Assets of £4,875 cost and Investment Assets of £4,704 cost are included under the Fixed Assets heading.
Plant, Equipment & Furniture Assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant, Equipment & Furniture: 25% on WDV
Investment Assets are measured at fair value. Gains or losses arising from changes in the fair value of investment property are included in net profit or loss for the period in which it arises.