King Edward VI Academy: school finances
In deficit
In deficit by £163k, 4% of a year's income: it has spent more over the years than it received.
Latest full year 2024-25, as a academy (accounts return, September–August). Lincolnshire · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: THE DAVID ROSS 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 | £3.7m | £3.0m | +£704k | £0 | 544 |
2019-20 | £3.8m | £3.2m | +£645k | £0 | 502 |
2020-21 | £3.8m | £3.2m | +£648k | £648k | 478 |
2021-22 | £3.9m | £3.5m | +£392k | £392k | 489 |
2022-23 | £4.3m | £4.0m | +£274k | £274k | 437 |
2023-24 | £4.2m | £4.0m | +£257k | £257k | 395 |
2024-25 | £3.9m | £4.0m | -£109k | -£163k | 380 |
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 23% of them. It spends £10,495 a pupil in total; similar schools typically spend £8,959.
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 | £5,876 | £4,763 | £4,475–£5,032 |
Support staff (e.g. TAs) | £1,471 | £1,027 | £774–£1,180 |
Supply staff | £242 | £233 | £115–£368 |
Admin and clerical | £592 | £517 | £400–£651 |
Premises | £653 | £512 | £428–£611 |
Energy | £153 | £244 | £199–£321 |
Learning resources & ICT | £432 | £498 | £388–£632 |
Bought-in services | £66 | £156 | £95–£186 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Kirton Academy Large reserves
- Christ The King Catholic High School In deficit
- Somercotes Academy Large reserves
- WMG Academy for Young Engineers (Solihull) Large reserves
- Lift Broadlands Large reserves
- Valley Academy Large reserves
- Stafford Manor High School Large reserves
- Shireland Biomedical Utc In deficit
- Wyvern Academy Large reserves
- Shireland CBSO Academy Healthy
- North East Futures UTC In deficit
- The Grange School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.8m | £10,068 |
SEN funding (part of grants) | £123k | £324 |
Self-generated (lettings, catering, donations) | £102k | £268 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- Is there a deficit recovery plan agreed with its trust, and when does the school expect to be back in balance?
- What has been cut or changed to close the gap, and how does that affect classes and support staff?
- Pupil numbers have fallen 30% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on support staff (e.g. tas) is £1,471 a pupil, against a typical £1,027 for similar schools. What's behind that?
- Spending on teachers is £5,876 a pupil, against a typical £4,763 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 King Edward VI Academy · All Lincolnshire school finances