The Elizabethan Academy: school finances
Large reserves
Holds £823k 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). Nottinghamshire · Secondary · Academy converter.
Academies in a trust don't hold money on their own: THE ELIZABETHAN 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 | £5.0m | £5.2m | -£156k | £227k | 875 |
2019-20 | £5.1m | £5.0m | +£109k | £352k | 921 |
2020-21 | £5.9m | £5.5m | +£439k | £791k | 991 |
2021-22 | £6.4m | £6.1m | +£263k | £1.1m | 1,048 |
2022-23 | £7.3m | £7.0m | +£308k | £1.3m | 1,137 |
2023-24 | £8.4m | £8.9m | -£504k | £888k | 1,201 |
2024-25 | £9.3m | £9.3m | -£65k | £823k | 1,205 |
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 57% of them. It spends £7,750 a pupil in total; similar schools typically spend £7,766.
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 | £4,422 | £4,423 | £4,084–£4,560 |
Support staff (e.g. TAs) | £561 | £877 | £711–£1,096 |
Supply staff | £108 | £99 | £44–£184 |
Admin and clerical | £596 | £416 | £344–£519 |
Premises | £491 | £442 | £336–£470 |
Energy | £131 | £145 | £121–£164 |
Learning resources & ICT | £453 | £494 | £388–£613 |
Bought-in services | £92 | £85 | £47–£160 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Corby Business Academy In deficit
- Lift New Rickstones Large reserves
- Northgate High School Tight
- Sharples School Large reserves
- Bristol Cathedral Choir School Tight
- Selby High School Specialist School for the Arts and Science Healthy
- Passmores Academy Tight
- Admiral Lord Nelson School Large reserves
- King Edward VII Academy Large reserves
- Wexham School Large reserves
- Charlton School Large reserves
- Newton Abbot College Tight
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.2m | £7,637 |
SEN funding (part of grants) | £136k | £113 |
Self-generated (lettings, catering, donations) | £135k | £112 |
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 admin and clerical is £596 a pupil, against a typical £416 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 The Elizabethan Academy · All Nottinghamshire school finances