Dormant Assets Scheme

(asked on 11th February 2025) - View Source

Question to the Department for Digital, Culture, Media & Sport:

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 Portrait
Stephanie Peacock
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
This question was answered on 19th February 2025

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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