The Asset Registers records all assets owned by the Parish Council, except for land (Clapp's Mead and Foss Orchard Car Park).
Assets with a value greater than £250 are insured.
The Asset Register is reviewed annually prior to insurance renewal.
If a new asset is purchased / acquired during the year it is added to the Asset Register. If it requires insurance then it is added to the insurance policy.
Items donated to the Parish Council have a nominal value of £1 but, if new and costing more than £250, are added to insurance.