UK Sport: Property

Culture Media and Sport written question – answered on 28th January 2009.

Alert me about debates like this

Photo of Jeremy Hunt Jeremy Hunt Shadow Secretary of State for Culture, Media and Sport

To ask the Secretary of State for Culture, Media and Sport what non-heritage (a) buildings and (b) land are leased by UK Sport; and what estimate has been made of the value of these assets.

Photo of Gerry Sutcliffe Gerry Sutcliffe Parliamentary Under-Secretary (Department for Culture, Media and Sport) (Sport)

UK Sport have advised that they do not own any buildings or land.

UK Sport operate from offices at 40 Bernard Street, London WC1N 1ST, and lease of this property, which is not listed or scheduled, is treated as an operating lease and UK Sport does not capitalise, in accordance with Generally Accepted Accounting Practice. At 31 March 2008 UK Sport had £0.55 million leasehold improvements in the balance sheet at cost. The depreciated value was £0.1 million.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.