Park Academy: school finances
Large reserves
Holds £510k in reserve, 20% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Lincolnshire · Primary · Academy converter.
Academies in a trust don't hold money on their own: VOYAGE EDUCATION PARTNERSHIP 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 | £2.1m | £1.7m | +£495k | £399k | 388 |
2019-20 | £2.3m | £1.8m | +£526k | £561k | 360 |
2020-21 | £2.2m | £1.7m | +£510k | £731k | 337 |
2021-22 | £2.1m | £1.9m | +£231k | £712k | 339 |
2022-23 | £2.2m | £2.1m | +£136k | £663k | 369 |
2023-24 | £2.5m | £2.4m | +£77k | £554k | 363 |
2024-25 | £2.6m | £2.5m | +£65k | £510k | 332 |
Compared with similar schools
Similar schools are the 30 primary 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 90% of them. It spends £7,539 a pupil in total; similar schools typically spend £7,460.
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 | £3,123 | £3,440 | £3,148–£3,683 |
Support staff (e.g. TAs) | £1,714 | £1,506 | £1,350–£1,761 |
Supply staff | £702 | £125 | £64–£238 |
Admin and clerical | £235 | £295 | £249–£371 |
Premises | £343 | £367 | £328–£483 |
Energy | £78 | £116 | £101–£140 |
Learning resources & ICT | £437 | £282 | £211–£381 |
Bought-in services | £105 | £182 | £116–£242 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Bishopton Primary School In deficit
- Market Drayton Junior School Large reserves
- Bodriggy Academy Large reserves
- Winterton Junior School Tight
- Conifers Primary School Large reserves
- Hollin Primary School Healthy
- Great Bradfords Junior School Large reserves
- Wenlock CofE Academy Healthy
- Saltergate Junior School Large reserves
- Archbishop Courtenay Primary School Large reserves
- John Hunt Academy Large reserves
- Ilfracombe Church of England Junior School Heading for deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.5m | £7,672 |
SEN funding (part of grants) | £176k | £530 |
Self-generated (lettings, catering, donations) | £21k | £63 |
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?
- Pupil numbers have fallen 14% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on supply staff is £702 a pupil, against a typical £125 for similar schools. What's behind that?
- Spending on learning resources & ict is £437 a pupil, against a typical £282 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 Park Academy · All Lincolnshire school finances