Oldbury Academy: school finances
Large reserves
Holds £3.2m in reserve, 27% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Sandwell · Secondary · Academy converter.
Academies in a trust don't hold money on their own: STOUR VALE 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 | £9.2m | £9.5m | -£304k | £2.1m | 1,495 |
2019-20 | £9.1m | £9.2m | -£111k | £2.0m | 1,449 |
2020-21 | £9.7m | £9.4m | +£222k | £2.2m | 1,400 |
2021-22 | £10.0m | £9.6m | +£403k | £2.2m | 1,373 |
2022-23 | £10.6m | £10.2m | +£420k | £2.3m | 1,362 |
2023-24 | £11.3m | £10.6m | +£646k | £2.5m | 1,317 |
2024-25 | £11.7m | £10.7m | +£979k | £3.2m | 1,353 |
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 93% of them. It spends £7,944 a pupil in total; similar schools typically spend £8,432.
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 | £4,433 | £4,324 | £4,030–£4,795 |
Support staff (e.g. TAs) | £847 | £1,115 | £857–£1,319 |
Supply staff | £29 | £196 | £92–£367 |
Admin and clerical | £410 | £431 | £291–£534 |
Premises | £21 | £449 | £330–£684 |
Energy | £0 | £156 | £115–£200 |
Learning resources & ICT | £376 | £564 | £450–£631 |
Bought-in services | £15 | £111 | £72–£227 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The Ruth Gorse Academy Large reserves
- Fortis Academy Large reserves
- Dixons Ashton Academy Healthy
- Sirius Academy North Large reserves
- Oasis Academy Leesbrook Large reserves
- Discovery Academy Large reserves
- Joseph Leckie Academy Large reserves
- Dyke House Sports and Technology College Large reserves
- Liberty Academy Large reserves
- Oasis Academy Oldham Large reserves
- King Edward VI Sheldon Heath Academy Large reserves
- The Portsmouth Academy Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £11.6m | £8,588 |
SEN funding (part of grants) | £129k | £95 |
Self-generated (lettings, catering, donations) | £107k | £79 |
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?
- Pupil numbers have fallen 9% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
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 Oldbury Academy · All Sandwell school finances