Total cost or market value of any assets at the end of the period

This question includes assets owned at the start of the period, as well as any acquired during the period, less any disposals made.

You do not need to include here details of any assets used for normal administrative purposes of the pension scheme, such as office premises and equipment or motor vehicles used by administrative staff employed by the scheme.

If you are completing the return for accounting periods for which audited accounts have been prepared, use the value of assets from the accounts.

If you are not completing the return by reference to accounting periods, use the asset values from the latest actuarial valuation of scheme assets before the end of the tax year, unless these values are no longer appropriate, in which case use a more appropriate value.

If audited accounts are not prepared, and no actuarial valuation was obtained, enter the total cost or the market value of scheme assets at the end of the year. If you use cost rather than market value, do the same for all later questions.

Where the date of acquisition of an asset is uncertain (for example, where the asset is acquired under a conditional contract) the accounting policy used in the accounts should be used to determine the date of acquisition. the return.