§ Ms Roseanna CunninghamTo ask the Secretary of State for Culture, Media and Sport what his estimate is of the value of land, property and heritage assets(a) in Scotland, (b) in England and (c) in total (i) owned by or (ii) under the responsibility of his Department. [99827]
§ Mr. Alan Howarth[holding answer 26 November 1999]: The Department is at present implementing resource accounting and values have been derived from audited accounting information. The first year of published resource accounts will be in respect of 1999–2000.
87WThe Net Book Value of assets held by the Department as at the end of March 1999 was £40.398 million (including the Royal Parks Agency). This figure relates to land, property and heritage assets in England only as my Department does not hold any such assets in Scotland.
The Heritage Assets held by the Department are valued at nil. These assets include Trafalgar Square, Apsley House, part of Osborne House, Wellington Arch, Marble Arch and nine statues (and the Government Art Collection, which has some 11,500 items).