Croxteth Hall and Country Park, Liverpool (Hansard, 16 December 1986)

§ Mr. Waldegrave

My right hon. Friend has appointed Mr. Philip Carter to the Merseyside residuary body with special responsibility for Croxteth hall and park. His task will be to set up and become chairman of a trust to take over responsibility for Croxteth from the Merseyside residuary body.

My noble Friend has today visited Croxteth with Mr. Carter and the chairman of the residuary body to discuss the main tasks which lie ahead. These will be to commission a long term management, development and financial plan and to appoint managing agents with the necessary expertise to run the estate; to recommend a programme of capital works; to discuss possible financial support with national and local bodies concerned with the heritage and the private sector; and to consider and

Specified rates of return (percentage) on value of net assets in respect of 1981–82 to 1987–88
Name of water authority	1981–82	1982–83	1983–84	1984–85	1985–86	1986–87	1987–88
Anglian	1.38	2.06	2.06	1.36	1.62	1.68	2.10
Northumbrian	2.52	1.87	1.87	1.25	1.48	1.73	2.05
North West	0.80	1.26	1.26	0.95	1.43	1.50	1.75
Severn Trent	1.02	1.17	1.25	1.25	1.47	1.60	1.95
Southern	1.09	1.18	1.25	0.91	1.41	1.55	1.75
South West	2.17	1.47	1.47	1.26	1.54	1.73	1.95
Thames	1.24	1.09	1.25	0.50	1.37	1.61	1.85
Welsh	0.30	0.95	1.20	1.25	1.45	1.65	1.95
Wessex	1.65	1.50	1.50	0.61	1.40	1.50	1.75
Yorkshire	0.85	1.14	1.25	1.00	1.43	1.60	1.70

Note:

A reassessment of asset values, described in note 1 to the current cost supplementary statements in the authorities' account for 1983–84, resulted in generally higher asset values. These higher values were taken into account in setting financial targets for 1984–85. The targets set for 1984–85 averaged about 1 per cent., for 1985–86 about 1.4 per cent., for 1986–87 about 1.6 per cent. and for next year about 1.9 per cent.