BuyQualityEssays.com – (100% Good rated) INVESTMENT PROPERTY (CONTINUED)

The investment properties brought forward relate to properties leased to Focus Brands Limited
(£4.2 million) and Kukri Sports Limited (£0.6 million).
These properties remain Investment Properties from the Company perspective as at 30 January
2021.
Based on an external valuation prepared as at 31 December 2018, the fair value of the investment
properties as at that date was £4.5 million.
Management do not consider either of the investment properties to be impaired as the future
rental income supports the carrying value.