The Thetford Academy: school finances
Large reserves
Holds £552k in reserve, 5% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Norfolk · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: INSPIRATION 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
Income and spending, 2018-19 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £6.5m | £5.9m | +£589k | £0 | 1,147 |
2019-20 | £6.8m | £5.9m | +£898k | £0 | 1,121 |
2020-21 | £7.3m | £6.4m | +£875k | £0 | 1,130 |
2021-22 | £7.4m | £6.9m | +£565k | £0 | 1,161 |
2022-23 | £8.4m | £7.6m | +£832k | £0 | 1,258 |
2023-24 | £10.3m | £8.7m | +£1.6m | £0 | 1,305 |
2024-25 | £10.8m | £10.1m | +£628k | £552k | 1,362 |
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 23% of them. It spends £7,440 a pupil in total; similar schools typically spend £8,009.
This school Middle half of similar schools Similar schools’ median
Show the comparison as a table
| Spending per pupil | This school | Similar schools (median) | Middle half |
|---|---|---|---|
Teachers | £4,275 | £4,313 | £4,041–£4,731 |
Support staff (e.g. TAs) | £1,143 | £849 | £657–£1,103 |
Supply staff | £120 | £143 | £78–£213 |
Admin and clerical | £290 | £381 | £294–£531 |
Premises | £321 | £451 | £350–£733 |
Energy | £183 | £132 | £93–£163 |
Learning resources & ICT | £280 | £452 | £365–£658 |
Bought-in services | £58 | £64 | £28–£210 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Stockport School Large reserves
- The Deanery Church of England High School and Sixth Form College Large reserves
- Holy Trinity CofE Secondary School, Crawley Tight
- Batley Girls' High School Large reserves
- Oasis Academy Brislington Large reserves
- Wardle Academy Large reserves
- Marriotts School Large reserves
- Lord Lawson of Beamish Academy Large reserves
- Hollingworth Academy Tight
- West Coventry Academy In deficit
- Cardinal Heenan Catholic High School Large reserves
- The Brunts Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £10.5m | £7,708 |
SEN funding (part of grants) | £95k | £70 |
Self-generated (lettings, catering, donations) | £263k | £193 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What are the reserves set aside for, and when will they be spent on current pupils?
- Spending on energy is £183 a pupil, against a typical £132 for similar schools. What's behind that?
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 The Thetford Academy · All Norfolk school finances