Schools in Reach

Lynn Grove Academy: school finances

Large reserves

Holds £797k in reserve, 9% 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). Norfolk · Secondary · Academy converter.

Reserve at year end
£797k9% of a year's income
Last year's balance
-£415kincome minus spending
Income per pupil
£8,045
Pupils
1,109+6% since 2018-19

Academies in a trust don't hold money on their own: CREATIVE 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£1.0m£1.5m2018-19: £1.7m reserve2018-192019-20: £1.6m reserve2019-202020-21: £1.7m reserve2020-212021-22: £1.7m reserve2021-222022-23: £1.8m reserve2022-232023-24: £0 reserve2023-242024-25: £797k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£6.0m£8.0mIncomeSpending2018-19: income £5.9m, spending £4.7m2018-192019-20: income £6.2m, spending £6.1m2019-202020-21: income £6.8m, spending £6.4m2020-212021-22: income £7.4m, spending £7.0m2021-222022-23: income £8.1m, spending £7.6m2022-232023-24: income £8.2m, spending £8.2m2023-242024-25: income £8.9m, spending £9.3m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£5.9m
£4.7m
+£1.2m
£1.7m
1,045
2019-20
£6.2m
£6.1m
+£142k
£1.6m
1,089
2020-21
£6.8m
£6.4m
+£405k
£1.7m
1,115
2021-22
£7.4m
£7.0m
+£344k
£1.7m
1,169
2022-23
£8.1m
£7.6m
+£531k
£1.8m
1,190
2023-24
£8.2m
£8.2m
-£3k
£0
1,155
2024-25
£8.9m
£9.3m
-£415k
£797k
1,109

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 53% of them. It spends £8,419 a pupil in total; similar schools typically spend £7,753.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,093 per pupil; similar schools £4,494 (middle half £4,073–£4,905)Teachers£4,093Support staff (e.g. TAs): this school £1,153 per pupil; similar schools £874 (middle half £635–£1,069)Support staff (e.g. TAs)£1,153Supply staff: this school £77 per pupil; similar schools £112 (middle half £56–£237)Supply staff£77Admin and clerical: this school £402 per pupil; similar schools £400 (middle half £258–£536)Admin and clerical£402Premises: this school £799 per pupil; similar schools £430 (middle half £307–£483)Premises£799Energy: this school £103 per pupil; similar schools £145 (middle half £104–£163)Energy£103Learning resources & ICT: this school £427 per pupil; similar schools £499 (middle half £330–£553)Learning resources & ICT£427Bought-in services: this school £102 per pupil; similar schools £111 (middle half £76–£216)Bought-in services£102
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,093
£4,494
£4,073–£4,905
Support staff (e.g. TAs)
£1,153
£874
£635–£1,069
Supply staff
£77
£112
£56–£237
Admin and clerical
£402
£400
£258–£536
Premises
£799
£430
£307–£483
Energy
£103
£145
£104–£163
Learning resources & ICT
£427
£499
£330–£553
Bought-in services
£102
£111
£76–£216

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
£8.9m
£8,011
SEN funding (part of grants)
£60k
£54
Self-generated (lettings, catering, donations)
£284k
£256

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 Lynn Grove Academy · All Norfolk school finances