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Summary of Kesgrave Town Council’s Asset Register as at 31 March 2025
The Asset Register lists the Council’s fixed assets (property, plant, equipment, and other long-term items) used to deliver local services. It provides assurance of the continued existence of Council property and supports the completion of the Annual Governance and Accountability Return (AGAR).
The Asset Register is a key governance and financial record that helps the Council:
Assets are recorded at their original purchase cost and are not depreciated annually. Land, community assets, and gifted items are recorded at a nominal £1 value where appropriate. Year-to-year movements reflect new acquisitions and disposals, rather than depreciation.
The total asset value at 31 March 2025 is £1,228,198. This represents an increase of £7,167 from the previous year, reflecting new acquisitions and minor disposals during the financial year.
The summary Asset Register for the financial year 2024/25 can be viewed below. It details the Council’s assets by category, location, and valuation.
Contact: For any questions about the Asset Register or Council property, please email enquiry@kesgravetowncouncil.gov.uk.
Summary of Kesgrave Town Council’s Asset Register as at 31 March 2025, including valuation basis and a schedule of assets with additions and disposals during 2024/25. Supports completion of AGAR Box 9 and insurance/risk management.
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