Loreto College: school finances
Large reserves
Holds £934k in reserve, 14% 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). Hertfordshire · Secondary · Academy converter.
Academies in a trust don't hold money on their own: LORETO COLLEGE (ST ALBANS) 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 | £5.2m | £4.9m | +£380k | £1.1m | 942 |
2019-20 | £5.2m | £4.9m | +£326k | £1.4m | 944 |
2020-21 | £5.0m | £5.2m | -£124k | £1.3m | 949 |
2021-22 | £5.8m | £5.5m | +£369k | £1.6m | 955 |
2022-23 | £6.2m | £6.1m | +£112k | £1.7m | 962 |
2023-24 | £6.5m | £6.6m | -£150k | £1.6m | 946 |
2024-25 | £6.8m | £7.2m | -£474k | £934k | 930 |
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 80% of them. It spends £7,789 a pupil in total; similar schools typically spend £7,380.
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 | £4,875 | £4,245 | £3,978–£4,458 |
Support staff (e.g. TAs) | £578 | £697 | £516–£824 |
Supply staff | £185 | £98 | £39–£170 |
Admin and clerical | £452 | £413 | £356–£573 |
Premises | £443 | £394 | £319–£445 |
Energy | £140 | £134 | £111–£169 |
Learning resources & ICT | £611 | £583 | £451–£696 |
Bought-in services | £137 | £101 | £57–£165 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The Forest School Large reserves
- Lincroft Academy Large reserves
- Gartree High School Heading for deficit
- St Augustine's Catholic College In deficit
- Uppingham Community College Tight
- Blessed George Napier Catholic School and Sixth Form Tight
- School of Science and Technology Maidstone Large reserves
- Dallam School Large reserves
- Shavington Academy Large reserves
- Testbourne Community School Large reserves
- Balshaw's Church of England High School Large reserves
- St Augustine's Catholic High School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £6.8m | £7,322 |
SEN funding (part of grants) | £72k | £77 |
Self-generated (lettings, catering, donations) | £111k | £119 |
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?
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 Loreto College · All Hertfordshire school finances