Loreto Grammar School: school finances
Large reserves
Holds £423k in reserve, 5% 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). Trafford · Secondary · Academy converter.
Academies in a trust don't hold money on their own: LORETO GRAMMAR SCHOOL 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 | £5.5m | £5.6m | -£73k | £492k | 1,046 |
2019-20 | £6.0m | £6.0m | +£85k | £474k | 1,047 |
2020-21 | £6.0m | £5.9m | +£121k | £595k | 1,068 |
2021-22 | £6.2m | £6.2m | +£44k | £639k | 1,075 |
2022-23 | £6.6m | £6.6m | +£43k | £682k | 1,034 |
2023-24 | £7.0m | £7.2m | -£168k | £515k | 1,027 |
2024-25 | £7.7m | £7.8m | -£92k | £423k | 1,072 |
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 40% of them. It spends £7,278 a pupil in total; similar schools typically spend £7,323.
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 | £4,299 | £4,283 | £4,100–£4,588 |
Support staff (e.g. TAs) | £431 | £432 | £336–£530 |
Supply staff | £82 | £42 | £3–£103 |
Admin and clerical | £453 | £472 | £357–£599 |
Premises | £543 | £398 | £345–£463 |
Energy | £208 | £134 | £116–£168 |
Learning resources & ICT | £912 | £678 | £586–£828 |
Bought-in services | £94 | £77 | £44–£128 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Old Swinford Hospital Large reserves
- Ranelagh School Healthy
- Colchester Royal Grammar School Large reserves
- Torquay Boys' Grammar School Tight
- Yavneh College Heading for deficit
- Saint Ambrose College Large reserves
- Haberdashers' Adams Large reserves
- Herschel Grammar School Large reserves
- Torquay Girls' Grammar School Large reserves
- Reading School Large reserves
- Bacup and Rawtenstall Grammar School Large reserves
- Denmark Road High School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £7.3m | £6,819 |
SEN funding (part of grants) | £24k | £22 |
Self-generated (lettings, catering, donations) | £400k | £373 |
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 energy is £208 a pupil, against a typical £134 for similar schools. What's behind that?
- Spending on premises is £543 a pupil, against a typical £398 for similar schools. What's behind that?
- Spending on learning resources & ict is £912 a pupil, against a typical £678 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.
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