TRUSTEES' REPORT AND ACCOUNTS 2022
62 Notes to the accounts continued
Year ended 31 December 2022
2022
£'000
2021
£'000
4. Intangible fixed assets (continued)
GROUP
Cost
At 1 January 11,365 11,310
Additions 174 55
Disposals - -
At 31 December 11,539 11,365
Accumulated depreciation
At 1 January 2,674 1,519
Released on disposals - -
Charge for the year 1,140 1,155
At 31 December 3,814 2,674
Net book value at 31 December 7,725 8,691
Intangible assets relate to investments in systems in relation to call handling and a database of supporters. Amortisation is charged to the SOFA on a
straight-line basis against the underlying activity to which the intangible asset relates. Both systems have been invested in for long-term use by the charity,
therefore a useful economic life of 10 years at the higher end of the policy outlined in Note 1 is deemed most appropriate.