PARLIAMENTARY WRITTEN QUESTION
Kids Company: Finance (4 September 2015)
Question Asked
Asked by:
Lisa Nandy (Labour)
Answer
Central government has provided approximately £43m to Kids Company since 2005.
Since 2010 the government has provided:
Year | Amount |
2010-2011 | £4.6m |
2011-2012 | £4.8m |
2012-2013 | £4.8m |
2013 - 2014 | £4.5m |
2014 - 2015 | £4.5m |
2015 – 2016 - April | £4.265m |
2015 – 2016 - July | £3m |
Cabinet Office is unable to comment on conditions attached to payments managed by Department for Education prior to the transfer of Youth Policy in 2013. We are also unable to comment on payments made by the previous Labour government. For funding from 2013 – March 2015, Kids Company was required to meet a clear set of delivery targets. An independent third party was appointed by Cabinet Office and Department for Education to independently monitor and evaluate the grant and outcomes Kids Company were reporting. Since March 2015, funding agreements included conditions intended to encourage Kids Company to move to a more financially sustainable model.
Answered by:
Mr Rob Wilson (Conservative)
11 September 2015
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