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753628
star this property registered interest false more like this
star this property date less than 2017-07-18more like thismore than 2017-07-18
star this property answering body
Department for Education more like this
star this property answering dept id 60 more like this
star this property answering dept short name Education more like this
star this property answering dept sort name Education remove filter
star this property hansard heading Further Education: East Midlands more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Education, what level of financial reserves were held by each further education establishment in the East Midlands at the end of each financial year from 2010 to the latest year for which figures are available. more like this
star this property tabling member constituency Chesterfield remove filter
star this property tabling member printed
Toby Perkins more like this
star this property uin 5637 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-07-26more like thismore than 2017-07-26
star this property answer text <p>The value of reserves held by each Further Education College or Sixth Form College in the East Midlands is shown in the attached table for the period 2009/10 to 2015/16, which is the latest college information available. The data also includes information from colleges that were dissolved during this period, following mergers with other colleges (highlighted in red).</p><p> </p><p>For the purpose of the information provided, the level of financial reserves is defined as the total net assets/(liabilities) and includes all assets/liabilities including pension liabilities.</p><p> </p><p>The 2015/16 college accounts were the first set of college financial statements produced under the requirements of the Statement of Recommended Practice: Accounting for Further and Higher Education (SORP2015). This update from SORP2007 reflected changes in the underlying accounting standards. Due to the changes in accounting standards a comparison between the 2015/16 reserves totals and the results from previous years is not a fair comparison.</p><p> </p><p>The source of the data is the college accounts annual datasets, which are published at:</p><p><a href="https://www.gov.uk/government/publications/sfa-financial-management-college-accounts" target="_blank">https://www.gov.uk/government/publications/sfa-financial-management-college-accounts</a></p><p>The datasets comprise the annual returns submitted to the Education and Skills Funding Agency (or predecessor bodies) by the respective individual colleges, which are then consolidated into one annual dataset.</p>
star this property answering member constituency Guildford remove filter
star this property answering member printed Anne Milton more like this
star this property question first answered
less than 2017-07-26T17:10:46.157Zmore like thismore than 2017-07-26T17:10:46.157Z
star this property answering member
1523
star this property label Biography information for Anne Milton more like this
star this property attachment
1
star this property file name 5637 - attached table Final - 260717.pdf more like this
star this property title Total College Reserves more like this
unstar this property tabling member
3952
unstar this property label Biography information for Toby Perkins more like this
773956
star this property registered interest false more like this
star this property date less than 2017-10-19more like thismore than 2017-10-19
star this property answering body
Department for Education more like this
star this property answering dept id 60 more like this
star this property answering dept short name Education more like this
star this property answering dept sort name Education remove filter
star this property hansard heading Further Education: Loans more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Education, if she will assess the potential merits of making affordable loans available to further education colleges in order to stimulate investment in the estate of such colleges. more like this
star this property tabling member constituency Chesterfield remove filter
star this property tabling member printed
Toby Perkins more like this
star this property uin 108645 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-10-27more like thismore than 2017-10-27
star this property answer text <p>Further education colleges are independent and can access commercial loans and funding from the Local Growth Fund to invest in their estates.</p><p> </p><p>The Government is providing financial support to colleges undergoing restructuring following Area Reviews. Through the Restructuring Facility there may be the opportunity to access additional investment by creating sustainable institutions.</p><p> </p><p>There are no plans to provide further loan facilities.</p> more like this
star this property answering member constituency Guildford remove filter
star this property answering member printed Anne Milton more like this
star this property question first answered
less than 2017-10-27T13:37:34.323Zmore like thismore than 2017-10-27T13:37:34.323Z
star this property answering member
1523
star this property label Biography information for Anne Milton more like this
unstar this property tabling member
3952
unstar this property label Biography information for Toby Perkins more like this