At Cost	Fixtures, Fittings and Equipment			Total
	Fixtures, Fittings	Equipment Purchased
item	£000	IT £000	Other £000	£000
1 April 2001 at valuation	203	463	233	899
Additions at cost	-	157	19	176
Disposals	-	-	-	-
Revaluation adjustment	(66)	(363)	(82)	(511)
31 March 2002 at valuation	137	257	170	564
Depreciation
1 April 2001	-	-	-	-
Charge	63	382	71	516
Disposals	-	-	-	-
	63	382	71	516
Arising on revaluation	(63)	(382)	(71)	(516)
31 March 2002	-	-	-	-
Net Book Value
At 31 March 2002	137	257	170	564
At 1 April 2001	203	463	233	899

9b	Fixed Asset Investments

The Board owned 100% of the issued share capital of Ossian Limited, a company registered in Scotland. The cost of this investment was £1. The company was dissolved during the year.