Schools in Reach

Paddington Academy: school finances

Large reserves

Holds £1.1m in reserve, 6% of a year's income.

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

Reserve at year end
£1.1m6% of a year's income
Last year's balance
+£1.3mincome minus spending
Income per pupil
£13,961
Pupils
1,260+4% since 2018-19

Academies in a trust don't hold money on their own: UNITED 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

£0£500k£1.0m2018-19: £0 reserve2018-192019-20: £0 reserve2019-202020-21: £0 reserve2020-212021-22: £0 reserve2021-222022-23: £0 reserve2022-232023-24: £0 reserve2023-242024-25: £1.1m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£7.5m£10.0m£12.5m£15.0m£17.5mIncomeSpending2018-19: income £10.6m, spending £9.9m2018-192019-20: income £10.8m, spending £10.0m2019-202020-21: income £11.9m, spending £11.2m2020-212021-22: income £12.3m, spending £12.2m2021-222022-23: income £12.9m, spending £12.2m2022-232023-24: income £15.0m, spending £14.4m2023-242024-25: income £17.6m, spending £16.3m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£10.6m
£9.9m
+£672k
£0
1,216
2019-20
£10.8m
£10.0m
+£799k
£0
1,237
2020-21
£11.9m
£11.2m
+£767k
£0
1,235
2021-22
£12.3m
£12.2m
+£99k
£0
1,234
2022-23
£12.9m
£12.2m
+£680k
£0
1,232
2023-24
£15.0m
£14.4m
+£645k
£0
1,259
2024-25
£17.6m
£16.3m
+£1.3m
£1.1m
1,260

Compared with similar schools

Similar schools are the 30 secondary schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 13% of them. It spends £12,909 a pupil in total; similar schools typically spend £10,159.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £6,644 per pupil; similar schools £5,862 (middle half £5,047–£6,250)Teachers£6,644Support staff (e.g. TAs): this school £964 per pupil; similar schools £979 (middle half £617–£1,245)Support staff (e.g. TAs)£964Supply staff: this school £0 per pupil; similar schools £182 (middle half £41–£308)Supply staff£0Admin and clerical: this school £1,443 per pupil; similar schools £576 (middle half £432–£795)Admin and clerical£1,443Premises: this school £540 per pupil; similar schools £469 (middle half £378–£651)Premises£540Energy: this school £190 per pupil; similar schools £183 (middle half £152–£224)Energy£190Learning resources & ICT: this school £1,253 per pupil; similar schools £569 (middle half £465–£629)Learning resources & ICT£1,253Bought-in services: this school £131 per pupil; similar schools £279 (middle half £129–£370)Bought-in services£131
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£6,644
£5,862
£5,047–£6,250
Support staff (e.g. TAs)
£964
£979
£617–£1,245
Supply staff
£0
£182
£41–£308
Admin and clerical
£1,443
£576
£432–£795
Premises
£540
£469
£378–£651
Energy
£190
£183
£152–£224
Learning resources & ICT
£1,253
£569
£465–£629
Bought-in services
£131
£279
£129–£370

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
£18.3m
£14,515
SEN funding (part of grants)
£357k
£283
Self-generated (lettings, catering, donations)
-£698k
£-554

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 Paddington Academy · All Westminster school finances