Schools in Reach

Forest Way School: school finances

Large reserves

Holds £1.8m in reserve, 25% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Leicestershire · Not applicable · Academy special converter.

Reserve at year end
£1.8m25% of a year's income
Last year's balance
+£512kincome minus spending
Income per pupil
£24,459
Pupils
283+29% since 2018-19

Academies in a trust don't hold money on their own: OPEN THINKING PARTNERSHIP 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: £615k reserve2018-192019-20: £952k reserve2019-202020-21: £934k reserve2020-212021-22: £840k reserve2021-222022-23: £971k reserve2022-232023-24: £1.5m reserve2023-242024-25: £1.8m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£5.0m£6.0m£7.0mIncomeSpending2018-19: income £4.5m, spending £4.5m2018-192019-20: income £4.7m, spending £4.8m2019-202020-21: income £5.2m, spending £5.3m2020-212021-22: income £5.3m, spending £5.1m2021-222022-23: income £5.8m, spending £5.7m2022-232023-24: income £6.4m, spending £5.7m2023-242024-25: income £6.9m, spending £6.4m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£4.5m
£4.5m
-£8k
£615k
220
2019-20
£4.7m
£4.8m
-£63k
£952k
231
2020-21
£5.2m
£5.3m
-£117k
£934k
244
2021-22
£5.3m
£5.1m
+£210k
£840k
255
2022-23
£5.8m
£5.7m
+£55k
£971k
271
2023-24
£6.4m
£5.7m
+£716k
£1.5m
276
2024-25
£6.9m
£6.4m
+£512k
£1.8m
283

Compared with similar schools

Similar schools are the 30 special 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 87% of them. It spends £22,650 a pupil in total; similar schools typically spend £28,487.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £8,060 per pupil; similar schools £10,463 (middle half £9,392–£11,257)Teachers£8,060Support staff (e.g. TAs): this school £9,004 per pupil; similar schools £11,083 (middle half £9,091–£12,552)Support staff (e.g. TAs)£9,004Supply staff: this school £67 per pupil; similar schools £248 (middle half £20–£796)Supply staff£67Admin and clerical: this school £636 per pupil; similar schools £1,157 (middle half £926–£1,774)Admin and clerical£636Premises: this school £1,060 per pupil; similar schools £1,305 (middle half £1,136–£1,546)Premises£1,060Energy: this school £403 per pupil; similar schools £393 (middle half £306–£453)Energy£403Learning resources & ICT: this school £456 per pupil; similar schools £701 (middle half £587–£1,109)Learning resources & ICT£456Bought-in services: this school £894 per pupil; similar schools £705 (middle half £334–£1,670)Bought-in services£894
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£8,060
£10,463
£9,392–£11,257
Support staff (e.g. TAs)
£9,004
£11,083
£9,091–£12,552
Supply staff
£67
£248
£20–£796
Admin and clerical
£636
£1,157
£926–£1,774
Premises
£1,060
£1,305
£1,136–£1,546
Energy
£403
£393
£306–£453
Learning resources & ICT
£456
£701
£587–£1,109
Bought-in services
£894
£705
£334–£1,670

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
£6.6m
£23,258
SEN funding (part of grants)
£3.0m
£10,678
Self-generated (lettings, catering, donations)
£499k
£1,763

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 Forest Way School · All Leicestershire school finances