Chadwell Heath Academy: school finances
Large reserves
Holds £1.9m in reserve, 20% of a year's income. It has been drawing on it for 3 years.
Latest full year 2024-25, as a academy (accounts return, September–August). Redbridge · Secondary · Academy converter.
Academies in a trust don't hold money on their own: CHADWELL HEATH ACADEMY 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 | £7.1m | £6.8m | +£245k | £2.1m | 1,261 |
2019-20 | £7.4m | £7.3m | +£116k | £2.4m | 1,252 |
2020-21 | £7.8m | £7.7m | +£99k | £2.6m | 1,242 |
2021-22 | £7.8m | £7.5m | +£279k | £2.9m | 1,215 |
2022-23 | £8.3m | £8.4m | -£97k | £2.8m | 1,247 |
2023-24 | £9.0m | £9.6m | -£511k | £2.2m | 1,238 |
2024-25 | £9.7m | £10.0m | -£289k | £1.9m | 1,250 |
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 90% of them. It spends £7,978 a pupil in total; similar schools typically spend £8,627.
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 | £5,086 | £5,065 | £4,817–£5,387 |
Support staff (e.g. TAs) | £427 | £718 | £548–£1,054 |
Supply staff | £482 | £153 | £57–£244 |
Admin and clerical | £278 | £592 | £487–£674 |
Premises | £401 | £421 | £363–£588 |
Energy | £138 | £140 | £118–£176 |
Learning resources & ICT | £365 | £513 | £382–£587 |
Bought-in services | £46 | £173 | £84–£271 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Woodcote High School In deficit
- Bishopshalt School Large reserves
- All Saints Catholic School and Technology College Large reserves
- The St Marylebone CofE School Heading for deficit
- The Hollyfield School and Sixth Form Centre Large reserves
- Wimbledon College Large reserves
- Orion Coopers Large reserves
- Queens Park Community School In deficit
- Oaks Park High School Large reserves
- Swakeleys School for Girls Large reserves
- Canons High School Large reserves
- Heathcote School & Science College Tight
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.5m | £7,631 |
SEN funding (part of grants) | £440k | £352 |
Self-generated (lettings, catering, donations) | £220k | £176 |
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 supply staff is £482 a pupil, against a typical £153 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 Chadwell Heath Academy · All Redbridge school finances