§ Mr. MacleanTo ask the Chancellor of the Exchequer what methods of depreciation his Department will apply in the current financial year to fixed assets in the preparation of departmental resource accounting balance sheets. [97048]
§ Miss Melanie JohnsonThe Treasury will be applying straight line depreciation to relevant fixed assets for the current financial year. The Treasury's depreciation methods are in accordance with the Treasury's Resource242W Accounting Manual, which is itself underpinned by the Financial Reporting Standard 15 'Tangible Fixed Assets' issued by the Accounting Standards Board.