The document summarizes information about the Community Asset Transfer (CAT) Programme run by the Big Lottery Fund in Wales. The key points are: - The CAT Programme has provided £13 million for community groups to take over public sector assets like buildings and land through nil-cost transfers. - 86 applications were received in the first funding rounds, with 18 development grants and 16 full awards made. Assets transferred include village halls, churches, and swimming pools. - Lessons learned include the need for groups to have business and fundraising skills to maintain transferred assets, as well as dealing with staff transfers and adapting to different management models. - A second round of CAT funding (CAT2) is planned