Schools in Reach

Grace Academy Solihull: school finances

Large reserves

Holds £2.0m in reserve, 28% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Solihull · Secondary · Academy sponsor led.

Reserve at year end
£2.0m28% of a year's income
Last year's balance
-£174kincome minus spending
Income per pupil
£8,244
Pupils
876+14% since 2018-19

Academies in a trust don't hold money on their own: TOVE LEARNING TRUST can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.

Reserve at the end of each year, 2018-19 to 2024-25

-£1.0m£0£1.0m£2.0m2018-19: -£55k reserve2018-192019-20: £162k reserve2019-202020-21: £354k reserve2020-212021-22: £843k reserve2021-222022-23: £1.6m reserve2022-232023-24: £2.1m reserve2023-242024-25: £2.0m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£5.0m£6.0m£7.0mIncomeSpending2018-19: income £4.6m, spending £4.7m2018-192019-20: income £5.1m, spending £5.0m2019-202020-21: income £5.8m, spending £5.5m2020-212021-22: income £6.5m, spending £5.7m2021-222022-23: income £6.9m, spending £6.1m2022-232023-24: income £7.5m, spending £6.6m2023-242024-25: income £7.2m, spending £7.4m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£4.6m
£4.7m
-£107k
-£55k
771
2019-20
£5.1m
£5.0m
+£185k
£162k
813
2020-21
£5.8m
£5.5m
+£308k
£354k
875
2021-22
£6.5m
£5.7m
+£785k
£843k
904
2022-23
£6.9m
£6.1m
+£785k
£1.6m
899
2023-24
£7.5m
£6.6m
+£843k
£2.1m
879
2024-25
£7.2m
£7.4m
-£174k
£2.0m
876

Compared with similar schools

Similar schools are the 30 secondary schools outside London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 100% of them. It spends £8,443 a pupil in total; similar schools typically spend £8,896.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,349 per pupil; similar schools £4,605 (middle half £4,192–£5,351)Teachers£4,349Support staff (e.g. TAs): this school £1,176 per pupil; similar schools £1,076 (middle half £989–£1,266)Support staff (e.g. TAs)£1,176Supply staff: this school £331 per pupil; similar schools £247 (middle half £123–£310)Supply staff£331Admin and clerical: this school £548 per pupil; similar schools £434 (middle half £336–£543)Admin and clerical£548Premises: this school £534 per pupil; similar schools £508 (middle half £388–£681)Premises£534Energy: this school £414 per pupil; similar schools £177 (middle half £134–£216)Energy£414Learning resources & ICT: this school £452 per pupil; similar schools £528 (middle half £401–£696)Learning resources & ICT£452Bought-in services: this school £228 per pupil; similar schools £106 (middle half £42–£221)Bought-in services£228
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,349
£4,605
£4,192–£5,351
Support staff (e.g. TAs)
£1,176
£1,076
£989–£1,266
Supply staff
£331
£247
£123–£310
Admin and clerical
£548
£434
£336–£543
Premises
£534
£508
£388–£681
Energy
£414
£177
£134–£216
Learning resources & ICT
£452
£528
£401–£696
Bought-in services
£228
£106
£42–£221

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£7.3m
£8,342
SEN funding (part of grants)
£124k
£142
Self-generated (lettings, catering, donations)
£206k
£235

Questions to ask the school

Useful for parents, governors and PTA committees.

Check these figures

Every figure here comes from the school's published return to the DfE. Check it on the DfE benchmarking page for this school, and see how the status is worked out.

Admissions, Ofsted and results for Grace Academy Solihull · All Solihull school finances