HC Deb 29 June 1990 vol 175 cc359-60W
Ms. Ruddock

To ask the Secretary of State for Education and Science (1), pursuant to his answer of 21 June,Official Report, column 627, whether that part of the current value of the Haberdashers' Aske's schools in Deptford attributable to past public investment in the premises for which he has previously decided no repayment to public funds shall be required under section 14 of the Education Act 1944 will be deducted in determining the amount of private sponsorship for the proposed Haberdashers' Aske's city technology college represented by those premises or any proposed lease of them for the city technology college;

(2) what part of the current value of the sites and premises of the Haberdashers' Aske's Schools in Deptford is attributable to past public capital investment in those schools; and what information he has as to the valuation made by the Inner London education authority of that amount.

Mrs. Rumbold

ILEA expenditure on capital works for the Haberdashers' Aske's Hatcham boys' and girls' schools was assessed by them as £5.645 million at 1989–90 prices. The value of the sites of the schools is independent of expenditure on premises; no precise estimate can be made of the proportion of the value of the premises attributed to past building work. The trustees of the Robert Aske's Foundation own the sites and premises of the schools and may transfer a leasehold interest to the Haberdashers' Aske's city technology college trust. The value of the lease, with any other sums, will be deemed to be the trust's share of initial capital expenditure on the city technology college.