Period<\/strong><\/p><\/td>Total deficit (£)<\/strong><\/p><\/td>Total surplus (£)<\/strong><\/p><\/td>Net Reserves (£)<\/strong><\/p><\/td><\/tr>2006-07<\/p><\/td> | (157,355,905)<\/p><\/td> | 1,827,554,781<\/p><\/td> | 1,670,198,876<\/p><\/td><\/tr> | 2007-08<\/p><\/td> | (120,094,299)<\/p><\/td> | 2,038,862,929<\/p><\/td> | 1,918,768,630<\/p><\/td><\/tr> | 2008-09<\/p><\/td> | (139,185,467)<\/p><\/td> | 1,921,159,168<\/p><\/td> | 1,781,973,701<\/p><\/td><\/tr> | 2009-10<\/p><\/td> | (161,418,942)<\/p><\/td> | 1,826,696,816<\/p><\/td> | 1,665,277,874<\/p><\/td><\/tr> | 2010-11<\/p><\/td> | (143,478,858)<\/p><\/td> | 2,098,926,882<\/p><\/td> | 1,955,448,024<\/p><\/td><\/tr> | 2011-12<\/p><\/td> | (109,936,775)<\/p><\/td> | 2,433,469,804<\/p><\/td> | 2,323,533,029<\/p><\/td><\/tr> | 2012-13<\/p><\/td> | (81,190,825)<\/p><\/td> | 2,306,144,774<\/p><\/td> | 2,224,953,949<\/p><\/td><\/tr> | 2013-14<\/p><\/td> | (75,947,088)<\/p><\/td> | 2,260,316,153<\/p><\/td> | 2,184,369,065<\/p><\/td><\/tr><\/tbody><\/table> Source: Consistent Financial Reporting survey<\/em><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/1473", "label" : {"_value" : "Biography information for Mr David Laws"}
}
, "answeringMemberConstituency" : {"_value" : "Yeovil"}
, "answeringMemberPrinted" : {"_value" : "Mr David Laws"}
, "dateOfAnswer" : {"_value" : "2015-01-05", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-01-05T09:03:24.567Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "60"}
, "answeringDeptShortName" : {"_value" : "Education"}
, "answeringDeptSortName" : {"_value" : "Education"}
, "date" : {"_value" : "2014-12-17", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Maintained Schools: Finance"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Education, what estimate she has made of reserves held by local authority maintained schools in each year since 2006-07.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/180", "label" : {"_value" : "Biography information for Frank Dobson"}
}
, "tablingMemberConstituency" : {"_value" : "Holborn and St Pancras"}
, "tablingMemberPrinted" : [{"_value" : "Frank Dobson"}
], "uin" : "219278"}
, {"_about" : "http://data.parliament.uk/resources/171114", "AnsweringBody" : [{"_value" : "Department for Education"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/171114/answer", "answerText" : {"_value" : "The table below sets out academy trusts\u2019 total cash holdings at the end of the four most recent financial years. Academy trusts\u2019 cash is the best representation of reserves available to trusts.<\/p> <\/p> <\/p> <\/p> <\/p> <\/p> <\/p> <\/p> Date <\/strong><\/p><\/td>Number of academy trusts open<\/strong><\/p><\/td>Total cash,<\/strong><\/p>£ millions<\/strong><\/p><\/td>Average cash per academy trust,<\/strong><\/p>£ thousands<\/strong><\/p><\/td><\/tr>31 March 2011<\/p><\/td> | 377<\/p><\/td> | 62<\/p><\/td> | 165<\/p><\/td><\/tr> | 31 March 2012<\/p><\/td> | 1,524<\/p><\/td> | 1,199<\/p><\/td> | 130<\/p><\/td><\/tr> | 31 March 2013<\/p><\/td> | 2,108<\/p><\/td> | 1,859<\/p><\/td> | 88<\/p><\/td><\/tr> | 31 March 2014<\/p><\/td> | 2,585<\/p><\/td> | 2,469<\/p><\/td> | 96<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/p> <\/p> We do not have comparable records of academy trusts\u2019 cash holdings for financial years 2006-07 to 2009-10.<\/p> <\/p> <\/p> The average cash held by academy trusts has fallen over the four years partly due to many smaller academy trusts opening more recently and holding less cash. We regard academy trusts\u2019 cash holdings as reasonable, typically representing enough to fund one month\u2019s operations after deducting current liabilities. Academy trusts cannot borrow and need to hold enough cash to manage their solvency prudently.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/1605", "label" : {"_value" : "Biography information for Edward Timpson"}
}
, "answeringMemberConstituency" : {"_value" : "Crewe and Nantwich"}
, "answeringMemberPrinted" : {"_value" : "Mr Edward Timpson"}
, "dateOfAnswer" : {"_value" : "2015-01-05", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-01-05T17:39:59.823Z", "_datatype" : "dateTime"}
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, "answeringDeptId" : {"_value" : "60"}
, "answeringDeptShortName" : {"_value" : "Education"}
, "answeringDeptSortName" : {"_value" : "Education"}
, "date" : {"_value" : "2014-12-17", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Academies"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Education, what estimate she has made of reserves held by academies in each year since 2006-07.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/180", "label" : {"_value" : "Biography information for Frank Dobson"}
}
, "tablingMemberConstituency" : {"_value" : "Holborn and St Pancras"}
, "tablingMemberPrinted" : [{"_value" : "Frank Dobson"}
], "uin" : "219279"}
, {"_about" : "http://data.parliament.uk/resources/171115", "AnsweringBody" : [{"_value" : "Department for Education"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/171115/answer", "answerText" : {"_value" : " The table below sets out free schools operating as single academy trusts\u2019 total cash holdings at the end of the three most recent financial years. The first free schools opened in September 2011. Academy trusts\u2019 cash is the best representation of reserves available to trusts. Many free schools operate as single academy trusts and the department can easily identify that free school\u2019s cash holding than the free school academy trust\u2019s annual accounts.<\/p> <\/p> <\/p> <\/p> <\/p> <\/p> The table does not include free schools operating within multi-academy trusts. As well as free schools, multi-academy trusts may include academies that opened by other routes for example as sponsored academies or by conversion from local authority maintained schools. It is the multi-academy trust that then produces annual accounts that disclose the multi-academy trust\u2019s total cash holdings for all types of academy within the multi-academy trust. The department does not ask multi-academy trusts to disclose the cash holdings of its individual academies or free schools.<\/p> <\/p> <\/p> <\/p> <\/p> <\/p> <\/p> <\/p> Date <\/strong><\/p><\/td>Number of free school single academy trusts open<\/strong><\/p><\/td>Total cash,<\/strong><\/p>£ millions<\/strong><\/p><\/td>Average cash per academy trust,<\/strong><\/p>£ thousands<\/strong><\/p><\/td><\/tr>31 March 2012<\/p><\/td> | 18<\/p><\/td> | 2<\/p><\/td> | 11<\/p><\/td><\/tr> | 31 March 2013<\/p><\/td> | 38<\/p><\/td> | 8<\/p><\/td> | 21<\/p><\/td><\/tr> | 31 March 2014<\/p><\/td> | 127<\/p><\/td> | 26<\/p><\/td> | 20<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/p> With very small numbers of free school single academy trusts open before 2013-14 it is difficult for us to discern trends in their cash holdings. We do know that the average cash held by all academy trusts has fallen over the four years partly due to many smaller academy trusts opening more recently and holding less cash. We regard all academy trusts\u2019 cash holdings as reasonable, typically representing enough to fund one month\u2019s operations after deducting current liabilities. Academy trusts cannot borrow and need to hold enough cash to manage their solvency prudently.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/1605", "label" : {"_value" : "Biography information for Edward Timpson"}
}
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, "answeringMemberPrinted" : {"_value" : "Mr Edward Timpson"}
, "dateOfAnswer" : {"_value" : "2015-01-05", "_datatype" : "dateTime"}
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, "questionFirstAnswered" : [{"_value" : "2015-01-05T17:41:27.037Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "60"}
, "answeringDeptShortName" : {"_value" : "Education"}
, "answeringDeptSortName" : {"_value" : "Education"}
, "date" : {"_value" : "2014-12-17", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Free Schools"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Education, what estimate she has made of reserves held by free schools in each year since 2010-11.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/180", "label" : {"_value" : "Biography information for Frank Dobson"}
}
, "tablingMemberConstituency" : {"_value" : "Holborn and St Pancras"}
, "tablingMemberPrinted" : [{"_value" : "Frank Dobson"}
], "uin" : "219280"}
, {"_about" : "http://data.parliament.uk/resources/171163", "AnsweringBody" : [{"_value" : "Department of Health"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/171163/answer", "answerText" : {"_value" : " The Department\u2019s use of the term \u2018Transaction costs\u2019 relates to those costs paid in support of National Health Service provider transactions such as mergers, acquisitions or separations. Specifically, they are the costs of planning, preparing and undertaking the transaction itself and achieving contractual close.<\/p> <\/p> <\/strong><\/p> <\/p> The Department does not make estimates of these costs. Transaction costs are considered by the Department on a case by case basis in the context of the overall value for money of the wider transaction.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3932", "label" : {"_value" : "Biography information for Dr Dan Poulter"}
}
, "answeringMemberConstituency" : {"_value" : "Central Suffolk and North Ipswich"}
, "answeringMemberPrinted" : {"_value" : "Dr Daniel Poulter"}
, "dateOfAnswer" : {"_value" : "2015-01-05", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-01-05T15:31:20.58Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "17"}
, "answeringDeptShortName" : {"_value" : "Health"}
, "answeringDeptSortName" : {"_value" : "Health"}
, "date" : {"_value" : "2014-12-17", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Health and Social Care Act 2012"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Health, what estimate he has made of the change in annual transaction costs in the NHS as a result of implementation of the Health and Social Care Act 2012.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/180", "label" : {"_value" : "Biography information for Frank Dobson"}
}
, "tablingMemberConstituency" : {"_value" : "Holborn and St Pancras"}
, "tablingMemberPrinted" : [{"_value" : "Frank Dobson"}
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