Dormant Assets Scheme
The question
To ask the Secretary of State for Culture, Media and Sport, how much money has been released through the Dormant Assets scheme in each year since it began.
Answered by Stephanie Peacock
The Dormant Assets Scheme has unlocked over £1 billion of dormant assets for good causes. The National Lottery Community Fund distributes all funding between the four nations in the UK. This is done in accordance with the Distribution of Dormant Account Money Order 2011: England receives 83.9%; Scotland 8.4%; Wales 4.9%; and Northern Ireland 2.8%. DCMS is responsible for the English portion and the relevant Devolved Governments are responsible for their own portion.
As of 2023-2024, a total of £984.5 million has been allocated to the Dormant Assets Scheme in the UK:
2011/12: £47.5 million
2012/13: £49.5 million
2013/14: £83.3 million
2014/15: £49.1 million
2015/16: £36.6 million
2016/17: £94.3 million
2017/18: £152.6 million
2018/19: £71.3 million
2019/20: £68.7 million
2020/21: £90.1 million
2021/22: £53.4 million
2022/23: £92.9 million
2023/24: £95.2 million
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