Southfields Academy: school finances
Large reserves
Holds £11.0m in reserve, 81% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Wandsworth · Secondary · Academy converter.
Academies in a trust don't hold money on their own: SOUTHFIELDS 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 | £10.0m | £10.6m | -£576k | £7.9m | 1,254 |
2019-20 | £10.3m | £10.9m | -£583k | £8.0m | 1,298 |
2020-21 | £11.2m | £10.7m | +£561k | £8.9m | 1,312 |
2021-22 | £11.3m | £11.3m | +£81k | £9.3m | 1,304 |
2022-23 | £12.4m | £12.1m | +£344k | £10.0m | 1,296 |
2023-24 | £13.1m | £12.5m | +£589k | £10.5m | 1,275 |
2024-25 | £13.6m | £13.2m | +£309k | £11.0m | 1,179 |
Compared with similar schools
Similar schools are the 30 secondary schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 100% of them. It spends £11,237 a pupil in total; similar schools typically spend £10,232.
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 | £6,238 | £5,988 | £5,047–£6,475 |
Support staff (e.g. TAs) | £1,013 | £970 | £591–£1,245 |
Supply staff | £0 | £159 | £34–£308 |
Admin and clerical | £584 | £571 | £377–£795 |
Premises | £877 | £456 | £365–£544 |
Energy | £372 | £187 | £158–£215 |
Learning resources & ICT | £563 | £600 | £484–£679 |
Bought-in services | £161 | £298 | £116–£386 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Hampstead School Heading for deficit
- Gladesmore Community School Large reserves
- Harris Lowe Academy Willesden Large reserves
- George Green's School Large reserves
- Paddington Academy Large reserves
- E-ACT Crest Academy Large reserves
- Chelsea Academy Large reserves
- Harris Invictus Academy Croydon Large reserves
- Forest Gate Community School Large reserves
- Bow School Large reserves
- The UCL Academy Large reserves
- Lift Aylward Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £12.6m | £10,700 |
SEN funding (part of grants) | £6k | £5 |
Self-generated (lettings, catering, donations) | £952k | £807 |
Money raised by parents
FRIENDS OF SOUTHFIELDS ACADEMY (charity 802055, Registered) raised £0 in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2026-03 | £0 | £0 |
2025-03 | £0 | £0 |
2024-03 | £0 | £0 |
2023-03 | £20 | £0 |
2022-03 | £120 | £0 |
Matched to this school by name and postcode from the Charity Commission register. Parent associations' money isn't in the school's accounts above.
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 £372 a pupil, against a typical £187 for similar schools. What's behind that?
- Spending on premises is £877 a pupil, against a typical £456 for similar schools. What's behind that?
- How does the school decide what the money the parents' association raises is spent on?
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 Southfields Academy · All Wandsworth school finances