Ivanhoe School: school finances
Heading for deficit
Has spent more than it received for 2 years running; at that rate its £426k reserve runs out in about 3 years.
Latest full year 2024-25, as a academy (accounts return, September–August). Leicestershire · Secondary · Academy converter.
Academies in a trust don't hold money on their own: LIFE MULTI-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 | £6.2m | £5.2m | +£1.0m | £1.2m | 958 |
2019-20 | £5.5m | £6.1m | -£607k | £522k | 956 |
2020-21 | £5.8m | £5.8m | -£14k | £505k | 953 |
2021-22 | £5.4m | £5.5m | -£63k | £189k | 960 |
2022-23 | £6.0m | £6.0m | +£17k | -£49k | 899 |
2023-24 | £5.7m | £6.2m | -£472k | -£833k | 870 |
2024-25 | £6.2m | £6.3m | -£18k | £426k | 803 |
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 53% of them. It spends £7,793 a pupil in total; similar schools typically spend £7,593.
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 | £3,969 | £4,379 | £4,187–£4,723 |
Support staff (e.g. TAs) | £606 | £865 | £649–£965 |
Supply staff | £215 | £97 | £57–£211 |
Admin and clerical | £314 | £413 | £332–£564 |
Premises | £553 | £417 | £326–£554 |
Energy | £158 | £143 | £119–£174 |
Learning resources & ICT | £593 | £490 | £359–£583 |
Bought-in services | £54 | £75 | £40–£131 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Rossett School Large reserves
- Theale Green School In deficit
- Corpus Christi Catholic High School Large reserves
- Somervale Secondary School Large reserves
- South Dartmoor Community College In deficit
- St Andrew's CofE High School Healthy
- Huxlow Academy Large reserves
- Newmarket Academy Healthy
- Winterstoke Hundred Academy Large reserves
- The Catholic High School, Chester In deficit
- Yate Academy Large reserves
- St Bernard's Catholic High School Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £6.0m | £7,450 |
SEN funding (part of grants) | £255k | £318 |
Self-generated (lettings, catering, donations) | £252k | £314 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What is the plan to stop spending more than the school receives each year?
- Pupil numbers have fallen 16% 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 Ivanhoe School · All Leicestershire school finances