11. Property, plant and equipment


Land and
buildings
£’000

Plant and
equipment
£’000

Fixtures and
fittings
£’000

Under
construction
£’000

Total
£’000

Cost

At 1 January 2024

46,613

115,276

3,388

9,118

174,395

Additions

26

26

18

10,031

10,101

Disposals

(148)

(9)

(157)

Transfers

1,852

7,669

450

(9,977)

(6)

Effect of movement in foreign exchange

(477)

177

(11)

83

(228)

At 31 December 2024

48,014

123,000

3,836

9,255

184,105

At 1 January 2025

48,014

123,000

3,836

9,255

184,105

Additions

1,019

18

13,250

14,287

Acquisition of subsidiary (note 4)

4,060

4,427

5

8,492

Disposals

(79)

(2,980)

(191)

(614)

(3,864)

Transfers

1,762

10,740

144

(12,646)

Effect of movement in foreign exchange

(105)

(2,702)

(72)

(308)

(3,187)

At 31 December 2025

53,652

133,504

3,740

8,937

199,833

Accumulated depreciation

At 1 January 2024

17,059

62,872

2,721

82,652

Depreciation charge

1,597

5,155

319

7,071

Impairment

6

1,186

53

856

2,101

Disposals

(74)

(8)

(82)

Transfers

1

(14)

13

Effect of movement in foreign exchange

37

223

11

4

275

At 31 December 2024

18,700

69,348

3,109

860

92,017

At 1 January 2025

18,700

69,348

3,109

860

92,017

Depreciation charge

1,514

5,041

286

6,841

Impairment

204

204

Disposals

(79)

(2,885)

(190)

(3,154)

Transfers

(2)

19

(17)

Effect of movement in foreign exchange

(362)

(1,274)

(65)

19

(1,682)

At 31 December 2025

19,771

70,249

3,123

1,083

94,226

Net book value

At 1 January 2024

29,554

52,404

667

9,118

91,743

At 31 December 2024 and 1 January 2025

29,314

53,652

727

8,395

92,088

At 31 December 2025

33,881

63,256

616

7,854

105,607


Land and
buildings
£’000

Plant and
equipment
£’000

Fixtures and
fittings
£’000

Under
construction
£’000

Total
£’000

Cost

At 1 January 2024

25,318

67,058

2,119

3,857

98,352

Additions

10

20

2,173

2,203

Disposals

(19)

(2)

(21)

Transfers

230

5,026

112

(5,368)

At 31 December 2024

25,539

72,104

2,229

662

100,534

At 1 January 2025

25,539

72,104

2,229

662

100,534

Additions

121

5,371

5,492

Transfers

427

98

105

(630)

At 31 December 2025

25,966

72,323

2,334

5,403

106,026

Accumulated depreciation

At 1 January 2024

10,351

44,418

1,556

56,325

Depreciation charge

875

2,274

166

3,315

Disposals

(19)

(1)

(20)

Transfers

(11)

11

At 31 December 2024

11,207

46,681

1,732

59,620

At 1 January 2025

11,207

46,681

1,732

59,620

Depreciation charge

883

2,371

182

3,436

At 31 December 2025

12,090

49,052

1,914

63,056

Net book value

At 1 January 2024

14,967

22,640

563

3,857

42,027

At 31 December 2024 and 1 January 2025

14,332

25,423

497

662

40,914

At 31 December 2025

13,876

23,271

420

5,403

42,970