The Nicholas Hamond Academy: school finances
Tight
Holds £122k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2024-25, as a academy (accounts return, September–August). Norfolk · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: ACADEMY TRANSFORMATION 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 | £3.6m | £3.3m | +£279k | -£1.6m | 626 |
2019-20 | £3.7m | £3.5m | +£190k | £0 | 655 |
2020-21 | £4.0m | £3.8m | +£233k | £0 | 642 |
2021-22 | £4.3m | £3.7m | +£637k | £0 | 652 |
2022-23 | £4.6m | £4.1m | +£463k | £0 | 668 |
2023-24 | £5.0m | £4.6m | +£444k | £0 | 687 |
2024-25 | £5.6m | £4.9m | +£715k | £122k | 685 |
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 £7,180 a pupil in total; similar schools typically spend £7,799.
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 | £4,359 | £4,381 | £4,092–£4,552 |
Support staff (e.g. TAs) | £819 | £864 | £642–£992 |
Supply staff | £107 | £112 | £52–£183 |
Admin and clerical | £190 | £456 | £319–£630 |
Premises | £533 | £399 | £333–£569 |
Energy | £203 | £154 | £128–£193 |
Learning resources & ICT | £282 | £473 | £398–£632 |
Bought-in services | £166 | £108 | £60–£194 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Armthorpe Academy Large reserves
- Acle Academy Healthy
- Jubilee High School Large reserves
- Greyfriars Catholic School In deficit
- St Bernards Catholic High School, Barrow Large reserves
- Merstham Park School Large reserves
- Saint John Houghton Catholic Voluntary Academy In deficit
- St Bede's Catholic Voluntary Academy Large reserves
- Nottingham Free School In deficit
- Heath Lane Academy Large reserves
- Houstone School Large reserves
- Nishkam High School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £5.4m | £7,813 |
SEN funding (part of grants) | £127k | £185 |
Self-generated (lettings, catering, donations) | £281k | £410 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What would the school do if costs rose unexpectedly, such as energy or a pay award that isn't fully funded?
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 Nicholas Hamond Academy · All Norfolk school finances