Tuxford Academy: school finances
Tight
Holds £287k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2024-25, as a academy (accounts return, September–August). Nottinghamshire · Secondary · Academy converter.
Academies in a trust don't hold money on their own: DIVERSE ACADEMIES 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 | £8.8m | £8.1m | +£664k | £0 | 1,554 |
2019-20 | £9.0m | £8.5m | +£532k | £0 | 1,517 |
2020-21 | £9.7m | £7.7m | +£2.1m | £0 | 1,502 |
2021-22 | £9.2m | £8.8m | +£457k | £0 | 1,472 |
2022-23 | £9.9m | £8.9m | +£1.0m | £0 | 1,493 |
2023-24 | £10.1m | £10.1m | -£13k | £0 | 1,483 |
2024-25 | £11.3m | £11.2m | +£131k | £287k | 1,485 |
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 13% of them. It spends £7,515 a pupil in total; similar schools typically spend £7,210.
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 | £4,380 | £4,260 | £3,977–£4,731 |
Support staff (e.g. TAs) | £655 | £678 | £450–£985 |
Supply staff | £100 | £85 | £38–£138 |
Admin and clerical | £607 | £349 | £266–£453 |
Premises | £735 | £389 | £320–£503 |
Energy | £2 | £135 | £112–£162 |
Learning resources & ICT | £290 | £487 | £387–£580 |
Bought-in services | £248 | £81 | £47–£167 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Varndean School Large reserves
- Barr Beacon School Large reserves
- St Wilfrid's Catholic High School & Sixth Form College: A Voluntary Academy Large reserves
- St Clere's School Large reserves
- The Streetly Academy Large reserves
- Sir John Leman High School Healthy
- Garth Hill College Healthy
- Watling Academy Large reserves
- Penrice Academy Large reserves
- The Howard School Large reserves
- Fairfax Large reserves
- Aston Academy Tight
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £11.3m | £7,603 |
SEN funding (part of grants) | £299k | £201 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What would the school do if costs rose unexpectedly, such as energy or a pay award that isn't fully funded?
- Spending on bought-in services is £248 a pupil, against a typical £81 for similar schools. What's behind that?
- Spending on premises is £735 a pupil, against a typical £389 for similar schools. What's behind that?
- Spending on admin and clerical is £607 a pupil, against a typical £349 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 Tuxford Academy · All Nottinghamshire school finances