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Charities

Volume 932: debated on Friday 27 May 1977

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asked the Secretary of State for the Home Department what is his latest estimate of the total value of all assets held by charities in the United Kingdom; and how much of this value represents holdings of land, as well as in share holdings.

We have made no such estimate. If my hon. Friend has in mind the "guesstimate" by the Board of Inland Revenue quoted in paragraph 16 of the Tenth Report from the Expenditure Committee for Session 1974–75, I understand that the Board is unable to make any closer approximation to the present value of charities' assets.