Question
To ask the right hon. Member for Meriden, representing the Church Commissioners, what estimate the Church of England has made of the profits from its operations in Scotland in the last 12 months for which information is available.
The Church Commissioners recieved a total net income of £8,858,429 from forestry and windfarms between 1st January 2018 to the 31st December 2018.
We are unable to provide a figure for profit in the equivalent period as liabilities, including for restocking, will be borne over a number of years and the cost of purchasing the asset should be taken into consideration.