To ask the Secretary of State for Education and Employment if he will list the reserves held by each training and enterprise council on 31 March. [37293]
A list of Training and Enterprise Councils (TECs) and their accumulated reserves, as shown in their audited annual statutory accounts, at the end of the financial year 1996–97 is shown in the table. This is the most recent year for which information is available.Reserves are used by TECs to provide working capital and on activities in support of their corporate and business plan objectives which are agreed with the Government. Examples include the provision of additional opportunities within existing DfEE programmes, matching funding for European-funded projects and other training, enterprise or economic development initiatives designed to meet identified local needs.
| TEC/CCTE reserves 1996–97 | |
| £ | |
| North East | |
| County Durham and Darlington | 8,064.221 |
| Northumberland | 7,662,793 |
| Teeside | 8,330,000 |
| Tyneside | 4,988,000 |
| Sunderland City | 5,524,979 |
| 34,569,993 | |
| Merseyside | |
| Cewlec | 3,028,348 |
| Merseyside | 6,871,012 |
| St. Helens | 941,677 |
| 10,841,037 | |
| TEC/CCTE reserves 1996–97 | |
| £ | |
| North West | |
| Bolton and Bury | 4,387,146 |
| Manchester | 97,89,534 |
| Wigan | 1,203,619 |
| Oldham | 1,888,527 |
| Rochdale | 1,934,038 |
| South and East Cheshire | 5,141,067 |
| Stockport | 2,865,819 |
| Cumbria | 3,475,049 |
| ELTEC | 2,136,508 |
| LAWTEC | 6,217,169 |
| NORMIDTEC | 4,400,280 |
| 43,438,756 | |
| Yorkshire and Humber | |
| Barnsley and Doncaster | 7,234,000 |
| Bradford | 3,225,679 |
| Calderdale and Kirklees | 2,183,796 |
| Humberside | 4,703,583 |
| Leeds | 5,768,719 |
| North Yorkshire | 5,939,000 |
| Rotherham | 3,449,699 |
| Sheffield | 3,683,000 |
| Wakefield | 4,011,189 |
| 40,198,665 | |
| Eastern | |
| Bedfordshire | 2,074,050 |
| Cambridgeshire | 1,782,921 |
| Essex | 6,102,000 |
| Peterborough | 1,542,810 |
| Hertfordshire | 4,286,000 |
| Norfolk and Waveney | 2,887,000 |
| Suffolk | 1,822,345 |
| 20,497,126 | |
| East Midlands | |
| Greater Manchester | 3,224,000 |
| Leicestershire | 4,849,102 |
| Lincolnshire | 3,194,822 |
| Northamptonshire | 3,503,012 |
| North Derbyshire | 1,373,553 |
| North Nottingham | 3,246,006 |
| South Derbyshire | 5,197,000 |
| 24,587,495 | |
| West Midlands | |
| Birmingham | 4,685,000 |
| Central England1 | 1,371,879 |
| Coventry and Warwickshire | 3,812,803 |
| Dudley | 979,553 |
| HAWTEC | 2,435,735 |
| Sandwell | 1,827,954 |
| Shropshire | 3,362,209 |
| Staffordshire | 7,177,000 |
| Walsall | 1,967,295 |
| Wolverhampton | 2,054,000 |
| 29,673,428 | |
| South West | |
| Westec | 2,323,000 |
| Devon and Cornwall | 5,123,000 |
| Dorset | 3,140,264 |
| Gloucestershire | 3,986,543 |
| Somerset | 2,427,201 |
| Wiltshire | 2,054,829 |
| 19,054,837 | |
| TEC/CCTE reserves 1996–97 | |
| £ | |
| London | |
| Aztec | 4,921,964 |
| Centec2 | 1,831,417 |
| Cilntec2 | 2,896,907 |
| LETEC | 7,451,046 |
| North London | 2,812,295 |
| North West London | 2,925,496 |
| Solotec | 6,914,000 |
| West London | 2,748,996 |
| 32,502,121 | |
| South East | |
| Hampshire | 5,030,000 |
| Isle of Wight | 719,395 |
| Kent | 7,915,736 |
| Milton Keynes | 1,884,855 |
| Heart of England | 2,157,122 |
| Surrey | 2,013,557 |
| Sussex | 4,896,000 |
| Thames Valley | 5,027,201 |
| 29,643,866 | |
| Total reserves | 285,007,324 |
| 1From 30/3/98 Central England TEC's operation was passed to Birmingham and Herefordshire and Worcestershire CCTEs. | |
| 2CENTEC and CILNTEC merged in April 1997 to become Focus Central London. | |