b'94 Mercia Asset Management PLC Annual Report & Accounts 2022Notes to the consolidated financial statements continued15. Property, plant and equipmentLeaseholdFurniture andOfficeimprovements fixtures equipment Total000 000 000 000CostAs at 1 April 2020 42 78 488 608Additions 52 52As at 31 March 2021 42 78 540 660Additions 76 76As at 31 March 2022 42 78 616 736Accumulated depreciationAs at 1 April 2020 20 64 399 483Charge for the year 5 4 61 70As at 31 March 2021 25 68 460 553Charge for the year 5 2 63 70As at 31 March 2022 30 70 523 623Net book valueAs at 1 April 2020 22 14 89 125As at 31 March 2021 17 10 80 107As at 31 March 2022 12 8 93 11316. Right-of-use assetsMotor vehicles Properties Total000 000 000CostAs at 1 April 2020 and 31 March 2021737 737Additions 115115As at 31 March 2022 115 737 852Accumulated depreciationAs at 1 April 2020139 139Charge for the year142 142As at 31 March 2021281 281Charge for the year 13 141 154As at 31 March 2022 13 422 435Net book valueAs at 1 April 2020598 598As at 31 March 2021456 456As at 31 March 2022 102 315 417'