The South Wolds Academy & Sixth Form: school finances
Large reserves
Holds £573k in reserve, 7% of a year's income.
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: EAST MIDLANDS 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
Income and spending, 2018-19 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £4.4m | £4.5m | -£102k | £120k | 820 |
2019-20 | £4.5m | £4.6m | -£67k | -£45k | 832 |
2020-21 | £5.1m | £4.6m | +£497k | £243k | 858 |
2021-22 | £5.5m | £5.0m | +£473k | £498k | 893 |
2022-23 | £6.0m | £5.9m | +£101k | £381k | 976 |
2023-24 | £7.0m | £6.8m | +£256k | £384k | 1,032 |
2024-25 | £8.3m | £7.9m | +£367k | £573k | 1,026 |
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 43% of them. It spends £7,738 a pupil in total; similar schools typically spend £7,501.
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 | £4,640 | £4,371 | £4,017–£4,474 |
Support staff (e.g. TAs) | £632 | £769 | £577–£994 |
Supply staff | £105 | £106 | £50–£189 |
Admin and clerical | £533 | £419 | £306–£478 |
Premises | £756 | £421 | £342–£504 |
Energy | £144 | £133 | £103–£155 |
Learning resources & ICT | £365 | £511 | £395–£603 |
Bought-in services | £0 | £120 | £51–£202 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Bradfield Secondary School Healthy
- Birmingham Ormiston Academy Large reserves
- Great Western Academy Large reserves
- Millthorpe School Healthy
- Cirencester Deer Park School Large reserves
- The Wavell School Large reserves
- Blythe Bridge High School In deficit
- The Burgess Hill Academy Tight
- BBG Academy Large reserves
- Thamesmead School Large reserves
- Woodrush High School Large reserves
- John Colet School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £7.6m | £7,395 |
SEN funding (part of grants) | £195k | £190 |
Self-generated (lettings, catering, donations) | £266k | £259 |
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 premises is £756 a pupil, against a typical £421 for similar schools. What's behind that?
- Spending on admin and clerical is £533 a pupil, against a typical £419 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 South Wolds Academy & Sixth Form · All Nottinghamshire school finances