A Parish Council has charitable assets listed on its asset register at their full value. This is a mistake, as the council is the custodian trustee and only holds them in trust. To correct this they have been advised to complete an asset disposal form for each asset. I am not sure this is the correct thing to do, as they did not own the asset so cannot dispose of it, and they still hold it in trust, as they have since 1920. Any thoughts on the matter?