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Research for the National Trust reveals that the City of Sheffield’s parks are an asset providing £1.2 billion of benefits; not the liability of £16m as they appear in conventional accounts. The natural capital account takes the simple but powerful step of combining evidence on health and other benefits of urban parks and greenspace and presenting it in a financial reporting statement. The research also suggest that parks are excellent value for money: for every £1 spent on public parks in Sheffield, society receives £34 of services – 60% of which is to physical and mental health. More This research informs the National Trust’s Future Parks Toolkit developed as part of the Rethinking Parks programme. More