Oak Academy: school finances
Heading for deficit
Has spent more than it received for 5 years running; at that rate its £624k reserve runs out in about 1 year.
Latest full year 2024-25, as a academy (accounts return, September–August). Bournemouth, Christchurch and Poole · Secondary · Academy converter.
Academies in a trust don't hold money on their own: AUTHENTIC EDUCATION GROUP LIMITED 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 | £3.4m | £3.8m | -£396k | £77k | 464 |
2019-20 | £3.3m | £3.2m | +£75k | -£50k | 418 |
2020-21 | £3.1m | £3.4m | -£260k | -£462k | 434 |
2021-22 | £3.8m | £4.2m | -£450k | -£1.1m | 454 |
2022-23 | £4.1m | £4.5m | -£441k | -£1.7m | 504 |
2023-24 | £4.5m | £5.2m | -£684k | -£2.4m | 596 |
2024-25 | £4.5m | £4.8m | -£365k | £624k | 648 |
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 77% of them. It spends £7,443 a pupil in total; similar schools typically spend £8,408.
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 | £5,127 | £4,457 | £4,199–£4,768 |
Support staff (e.g. TAs) | £889 | £993 | £827–£1,272 |
Supply staff | £205 | £185 | £136–£408 |
Admin and clerical | £426 | £503 | £390–£603 |
Premises | £100 | £485 | £360–£536 |
Energy | £3 | £191 | £142–£235 |
Learning resources & ICT | £349 | £459 | £356–£628 |
Bought-in services | £0 | £133 | £66–£222 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Eden Boys' Leadership Academy, Manchester Large reserves
- Blacon High School, A Specialist Sports College In deficit
- Pegasus Academy Large reserves
- The Oaks Academy In deficit
- Rayner Stephens High School Tight
- The Hyndburn Academy Heading for deficit
- Bradford Girls' Grammar School Large reserves
- St Anne's RC Voluntary Academy Large reserves
- Sir William Stanier School In deficit
- Eden Girls' Leadership Academy, Birmingham Large reserves
- Lancaster High School In deficit
- Beacon Academy Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £4.5m | £6,895 |
SEN funding (part of grants) | £236k | £364 |
Self-generated (lettings, catering, donations) | £219k | £338 |
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?
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 Oak Academy · All Bournemouth, Christchurch and Poole school finances