financial statements of the teacher training agency ____ 2002 03 final contents foreword 1 statement board s and chief executive responsibilities 9 on internal control 10 income expenditure account 12 total recognised gains losses balance sheet 13 cash flow 14 notes to accounts 15 history background information 21 september 1994 tta was established under section education act it is an non departmental public body ndpb whose sponsor then department for employment dfee but following general election in june 2001 has become skills dfes functions as set out are fund provision england provide advice teaching a career carry such other secretary state may by order confer or impose 2 took over responsibility funding initial itt higher institutions from council hefce assuming full august 1995 also assumed providing