The Learning and Skills Councils Annual Report and Accounts for ...

Net Expenditure Statement
for the year to 31 March 2010
Year ended
31 March 2010
£’000
Year ended
31 March 2009
£’000
Note
Expenditure
Programme expenditure
School sixth forms 3 2,200,894 2,113,280
16–18 further education 3 3,572,718 3,298,538
Family Learning Impact Fund 3 9,125 8,240
Young People Apprenticeships and Entry to Employment 3 908,927 798,922
Learners with learning difficulties and/or disabilities 3 234,035 224,538
Learner Support 16–18 3 690,793 631,485
14–19 reform 3 102,754 120,973
DCSF capital 3 212,782 196,822
19+ further education 3 1,584,279 1,468,938
Other adult responsive 3 192,993 188,615
Adult Apprenticeships 3 384,220 347,288
Train to Gain 3 881,038 886,858
Adult safeguarded learning 3 210,871 214,087
Offender Learning 3 140,535 139,045
Learner Support 19+ 3 121,132 128,558
Adult skills reform 3 89,423 80,248
Quality reform 3 65,826 83,772
Capacity and infrastructure 3 67,219 64,898
BIS capital 3 944,379 643,754
Non-departmental programmes 3 329,569 233,086
Administration costs
Staff costs 5a 134,899 127,199
Other costs 6a 82,945 53,634
Depreciation, impairment and losses on disposal 6b 29,048 18,130
Total expenditure 13,190,404 12,070,908
Income
Other income 7 331,204 232,872
Total income 331,204 232,872
Net expenditure before interest (12,859,200) (11,838,036)
Cost of capital – notional income 8 8,967 10,401
Net expenditure after cost of capital charge and interest (12,850,233) (11,827,635)
Finance
All activities are continuing, as they will pass to other bodies following the closure of the LSC on 31 March 2010.
See note 2 on the adoption of International Financial Reporting Standards (IFRS).
The notes on pages 49 to 79 form part of these accounts.
LSC Annual Report and Accounts 2009–10 45