TRUSTEES' REPORT AND ACCOUNTS 2024 69
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 continued
b) CHARITY
Cost
At 1 January 2024 43 11,798 4,017 57,154 13,893 10,128 97,033
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 10,011 10,985 94,732
Accumulated depreciation
At 1 January 2024 21 3,500 1,529 28,626 12,715 8,726 55,117
Released on disposals (1) (8) (105) (25) (4,628) (774) (5,541)
Charge for the year - 341 - 1,194 364 604 2,503
At 31 December 2024 20 3,833 1,424 29,795 8,451 8,556 52,079
Net book value at 31 December 2024 23 8,245 2,309 28,087 1,560 2,429 42,653
Net book value at 31 December 2023 22 8,298 2,488 28,528 1,178 1,402 41,916
The RSPCA holds shared equity in a number of housing properties with members of the RSPCA Inspectorate no longer in service. The scheme is closed
for further entry. The total value of inspectors' contributions to equity housing as at 31 December 2024 was £2,850k (2023: £3,040k). Should an inspector
leave the scheme, the RSPCA has an obligation to refund the inspector's share in the value of the related property at the time. It is intended that any RSPCA
obligation will be funded by the proceeds from the sale of the property.
Included in Freehold property and Leasehold property: Other and in Freehold property: Equity housing are houses currently occupied by pensioners of the
RSPCA. The relevant net book value at the balance sheet date comprises:
Leasehold property Freehold property
Other
£'000
Equity housing
£'000
Other
£'000
Net book value
At 31 December 2024 76 284 1,599
At 31 December 2023 79 327 1,614