Rating manual - Volume 5 - Section 240 : Cinemas - Practice Note : 2010 : Appendix 1

Practice Note 1: 2010 : Appendix 1: Cinemas

REVALUATION 2010 – VALUATION SCALES

Multiplex Cinemas – Scale A

Valuation Scale

Gross Receipts (£ per seat)	RV (£ per seat)	Gross Receipts (£ per seat)	RV (£ per seat)
600	70	2,075	260
700	75	2,200	267.5
800	80	2,300	275
925	85	2,400	280
1050	90	2,525	285
1150	100	2,650	290
1,250	120	2,750	295
1,375	140	2,875	300
1,500	165	3,000	305
1,600	190	3,100	310
1,725	210	3,225	315
1,850	230	3,350 (and above)	320 (max)
1,950	245

* interpolate between scale figures on a straight-line basis

Traditional Cinemas – Scale B

Valuation Scale

Gross Receipts (from all sources) £	Percentage of Gross Receipts (to be taken as RV) %
	Min	Max
1,000,000 (and below)	3.25	4.50
1,500,000	4.25	6.00
2,000,000	5.50	7.50
2,500,000	7.00	9.00
3,000,000	8.00	10.50
3,500,000 (and above)	8.00	10.50

Guidance on application of percentage range at given GRAS for Traditional Cinemas (Scale B)

1) Where FMT £1,000,000 and below

Income Per Seat Range		Proportion of % GR
	Upto £200	0%
£201	£300	10%
£301	£400	20%
£401	£500	30%
£501	£700	40%
£701	£900	50%
£901	£1,100	60%
£1,101	£1,300	70%
£1,301	£1,500	80%
£1,501	£2,000	90%
£2,001 and above		100%

2) Where FMT between £1,000,001 and £2,000,000

Income Per Seat Range		Proportion of % GR
	Upto £400	0%
£401	£600	10%
£601	£800	20%
£801	£1,000	30%
£1,001	£1,200	40%
£1,201	£1,500	50%
£1,501	£1,800	60%
£1,801	£2,000	70%
£2,001	£2,200	80%
£2,201	£2,400	90%
£2,401 and above		100%

3) Where FMT above £2,000,000

Income Per Seat Range		Proportion of % GR
	Upto £700	0%
£701	£1,000	10%
£1,001	£1,300	20%
£1,301	£1,600	30%
£1,601	£1,900	40%
£1,901	£2,200	50%
£2,201	£2,500	60%
£2,501	£2,800	70%
£2,801	£3,100	80%
£3,101	£3,400	90%
£3,401 and above		100%