Ravens Wood School: school finances
Large reserves
Holds £1.2m in reserve, 10% of a year's income. It has been drawing on it for 2 years.
Latest full year 2024-25, as a academy (accounts return, September–August). Bromley · Secondary · Academy converter.
Academies in a trust don't hold money on their own: IMPACT MULTI ACADEMY 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 | £8.5m | £8.3m | +£232k | £940k | 1,569 |
2019-20 | £8.8m | £8.5m | +£307k | £1.2m | 1,573 |
2020-21 | £9.7m | £8.9m | +£806k | £1.2m | 1,610 |
2021-22 | £10.0m | £9.0m | +£951k | £1.2m | 1,616 |
2022-23 | £11.0m | £10.2m | +£841k | £1.5m | 1,612 |
2023-24 | £11.0m | £11.2m | -£211k | £1.3m | 1,618 |
2024-25 | £12.7m | £12.7m | -£34k | £1.2m | 1,592 |
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 40% of them. It spends £7,974 a pupil in total; similar schools typically spend £7,618.
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 | £5,110 | £4,612 | £4,215–£4,876 |
Support staff (e.g. TAs) | £141 | £631 | £266–£801 |
Supply staff | £13 | £54 | £27–£129 |
Admin and clerical | £893 | £577 | £441–£786 |
Premises | £254 | £381 | £308–£412 |
Energy | £129 | £146 | £117–£169 |
Learning resources & ICT | £817 | £498 | £428–£665 |
Bought-in services | £5 | £94 | £56–£168 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Grey Court School Large reserves
- Wallington High School for Girls Large reserves
- Beths Grammar School Large reserves
- Bullers Wood School Large reserves
- Vyners School Large reserves
- Nonsuch High School for Girls Large reserves
- Waldegrave School Large reserves
- Hayes School Large reserves
- Trinity Catholic High School In deficit
- Townley Grammar School Large reserves
- Fortismere School Tight
- Darrick Wood School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £11.5m | £7,213 |
SEN funding (part of grants) | £215k | £135 |
Self-generated (lettings, catering, donations) | £1.2m | £740 |
Money raised by parents
RAVENS WOOD PARENT STAFF FRIENDS ASSOCIATION (charity 1031945, Registered) raised £64k in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2025-07 | £64k | £54k |
2024-07 | £53k | £49k |
2023-07 | £65k | £58k |
2022-07 | £63k | £62k |
2021-07 | £58k | £59k |
Matched to this school by name and postcode from the Charity Commission register. Parent associations' money isn't in the school's accounts above.
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 learning resources & ict is £817 a pupil, against a typical £498 for similar schools. What's behind that?
- Spending on admin and clerical is £893 a pupil, against a typical £577 for similar schools. What's behind that?
- How does the school decide what the money the parents' association raises is spent on?
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 Ravens Wood School · All Bromley school finances