Schools in Reach

Furness Academy: school finances

Large reserves

Holds £1.2m in reserve, 11% of a year's income.

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

Reserve at year end
£1.2m11% of a year's income
Last year's balance
+£823kincome minus spending
Income per pupil
£9,168
Pupils
1,188+38% since 2018-19

Academies in a trust don't hold money on their own: FURNESS EDUCATION 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: £554k reserve2018-192019-20: £646k reserve2019-202020-21: £855k reserve2020-212021-22: £1.2m reserve2021-222022-23: £1.1m reserve2022-232023-24: £1.0m reserve2023-242024-25: £1.2m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£6.0m£8.0m£10.0mIncomeSpending2018-19: income £5.7m, spending £5.4m2018-192019-20: income £6.5m, spending £5.3m2019-202020-21: income £7.3m, spending £5.4m2020-212021-22: income £8.4m, spending £7.3m2021-222022-23: income £9.2m, spending £8.6m2022-232023-24: income £10.2m, spending £9.6m2023-242024-25: income £10.9m, spending £10.1m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£5.7m
£5.4m
+£237k
£554k
863
2019-20
£6.5m
£5.3m
+£1.2m
£646k
1,004
2020-21
£7.3m
£5.4m
+£1.9m
£855k
1,078
2021-22
£8.4m
£7.3m
+£1.1m
£1.2m
1,117
2022-23
£9.2m
£8.6m
+£605k
£1.1m
1,126
2023-24
£10.2m
£9.6m
+£615k
£1.0m
1,209
2024-25
£10.9m
£10.1m
+£823k
£1.2m
1,188

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 83% of them. It spends £8,476 a pupil in total; similar schools typically spend £7,803.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,186 per pupil; similar schools £4,425 (middle half £4,084–£4,645)Teachers£4,186Support staff (e.g. TAs): this school £1,210 per pupil; similar schools £876 (middle half £627–£1,068)Support staff (e.g. TAs)£1,210Supply staff: this school £180 per pupil; similar schools £119 (middle half £46–£196)Supply staff£180Admin and clerical: this school £609 per pupil; similar schools £450 (middle half £360–£578)Admin and clerical£609Premises: this school £344 per pupil; similar schools £383 (middle half £253–£468)Premises£344Energy: this school £154 per pupil; similar schools £145 (middle half £112–£181)Energy£154Learning resources & ICT: this school £602 per pupil; similar schools £473 (middle half £401–£600)Learning resources & ICT£602Bought-in services: this school £45 per pupil; similar schools £96 (middle half £48–£154)Bought-in services£45
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,186
£4,425
£4,084–£4,645
Support staff (e.g. TAs)
£1,210
£876
£627–£1,068
Supply staff
£180
£119
£46–£196
Admin and clerical
£609
£450
£360–£578
Premises
£344
£383
£253–£468
Energy
£154
£145
£112–£181
Learning resources & ICT
£602
£473
£401–£600
Bought-in services
£45
£96
£48–£154

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
£10.3m
£8,694
SEN funding (part of grants)
£613k
£516
Self-generated (lettings, catering, donations)
£563k
£474

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 Furness Academy · All Westmorland and Furness school finances