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APPENDIX 1. STAFFORDSHIRE MOORLANDS DISTRICT COUNCILASSETS OF COMMUNITY VALUE ASSESSMENT FORM Application reference number 19Received date 23rd July 2019Nominating organization Nominated Land/buildings

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How to fill out assets of community value

01

Make a list of all the assets owned by the community

02

Include both tangible and intangible assets

03

For each asset, document its description, location, and estimated value

04

Consider seeking professional assistance or conducting appraisals for accurate valuation

05

Ensure all assets are properly recorded in the community's financial statements

06

Regularly review and update the list of assets to reflect any changes

Who needs assets of community value?

01

Community organizations or groups responsible for managing community assets

02

Government agencies or authorities overseeing community development

03

Financial institutions or lenders providing loans or grants to the community

04

Potential investors or donors interested in supporting community projects

05

Auditors or accountants conducting financial assessments of the community

06

Insurance companies requiring information on community assets for coverage

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What is assets of community value?

Assets of community value refer to land or buildings that are considered to be of importance to the local community, providing social, cultural, or environmental value.

Who is required to file assets of community value?

Local community groups, organizations, or charities that wish to nominate land or buildings for recognition as assets of community value are required to file.

How to fill out assets of community value?

To fill out an assets of community value form, provide information about the property, including its location, current use, and reasons for its importance to the community.

What is the purpose of assets of community value?

The purpose of assets of community value is to protect places that are important to local communities and to give them the opportunity to bid on these assets if they come up for sale.

What information must be reported on assets of community value?

Information that must be reported includes the address of the asset, a description of the asset's significance to the community, and details of any community use.

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