TRUSTEES' REPORT AND ACCOUNTS 2024
68
Notes to the accounts continued
YEAR ENDED 31 DECEMBER 2024
2024
£'000
2023
£'000
4. Intangible fixed assets continued
GROUP
Cost
At 1 January 11,622 11,539
Additions 4 83
At 31 December 11,626 11,622
Accumulated depreciation
At 1 January 5,009 3,814
Charge for the year 1,187 1,195
At 31 December 6,196 5,009
Net book value at 31 December 5,430 6,613
Intangible assets relate to trademark costs, Salesforce software and investments in systems in relation to call handling and a database of supporters.
Amortisation is charged in 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 RSPCA, therefore a useful economic life of 10 years at the higher end of the policy outlined in Note 1 is deemed
most appropriate.
Leasehold property Freehold property
Equity
housing
£'000
Other
£'000
Equity
housing
£'000 Animal centres
and other
£'000
Equipment
£'000
Motor
vehicles
£'000
Total
£'000
5. Tangible fixed assets
a) GROUP
Cost
At 1 January 2024 43 11,798 4,017 57,154 13,925 10,105 97,042
Additions - 312 - 787 746 1,631 3,476
Disposals - (32) (284) (59) (4,628) (774) (5,777)
At 31 December 2024 43 12,078 3,733 57,882 10,043 10,962 94,741
Accumulated depreciation
At 1 January 2024 21 3,500 1,529 28,626 12,736 8,710 55,122
Released on disposals (1) (8) (105) (25) (4,628) (774) (5,541)
Charge for the year - 341 - 1,194 368 604 2,507
At 31 December 2024 20 3,833 1,424 29,795 8,476 8,540 52,088
Net book value at 31 December 2024 23 8,245 2,309 28,087 1,567 2,422 42,653
Net book value at 31 December 2023 22 8,298 2,488 28,528 1,189 1,395 41,920