HC Deb 12 February 1998 vol 306 c294W
Mr. Bill Michie

To ask the Secretary of State for Education and Employment what are the amounts held in the accounts of Sheffield TEC. [28233]

Dr. Howells

The latest published accounts for Sheffield TEC provide the following information at the year ended 30 March 1997:

£000
Income and Expenditure Account 1996–97
Turnover 17,229
Surplus for the year 167
Balance Sheet
Fixed assets 743
Current assets (including cash at bank 6,820) 9,635
Current liabilities 4,251
Long term liabilities 2,444
Total assets 3,683
Reserves
Total reserves 3,683
Revenue 1,733
TEC committed reserves 1,950

Source

Sheffield TEC Annual Audited Accounts for year ending 30 March 1997.