Schools in Reach

The Wells Free School: school finances

Healthy

Holds £73k in reserve, 5% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Kent · Primary · Free schools.

Reserve at year end
£73k5% of a year's income
Last year's balance
+£25kincome minus spending
Income per pupil
£6,868
Pupils
212+28% since 2018-19

Academies in a trust don't hold money on their own: THE WELLS FREE SCHOOL 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

£0£20k£40k£60k2018-19: £78k reserve2018-192019-20: £31k reserve2019-202020-21: £16k reserve2020-212021-22: £29k reserve2021-222022-23: £42k reserve2022-232023-24: £55k reserve2023-242024-25: £73k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£600k£800k£1.0m£1.2m£1.4mIncomeSpending2018-19: income £854k, spending £827k2018-192019-20: income £906k, spending £881k2019-202020-21: income £972k, spending £937k2020-212021-22: income £1.1m, spending £1.0m2021-222022-23: income £1.2m, spending £1.2m2022-232023-24: income £1.3m, spending £1.3m2023-242024-25: income £1.5m, spending £1.4m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£854k
£827k
+£27k
£78k
166
2019-20
£906k
£881k
+£25k
£31k
170
2020-21
£972k
£937k
+£35k
£16k
181
2021-22
£1.1m
£1.0m
+£33k
£29k
183
2022-23
£1.2m
£1.2m
+£35k
£42k
208
2023-24
£1.3m
£1.3m
+£37k
£55k
210
2024-25
£1.5m
£1.4m
+£25k
£73k
212

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 37% of them. It spends £6,750 a pupil in total; similar schools typically spend £6,689.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £3,278 per pupil; similar schools £3,133 (middle half £3,025–£3,355)Teachers£3,278Support staff (e.g. TAs): this school £1,212 per pupil; similar schools £1,321 (middle half £991–£1,516)Support staff (e.g. TAs)£1,212Supply staff: this school £57 per pupil; similar schools £109 (middle half £64–£217)Supply staff£57Admin and clerical: this school £453 per pupil; similar schools £318 (middle half £265–£440)Admin and clerical£453Premises: this school £259 per pupil; similar schools £385 (middle half £301–£431)Premises£259Energy: this school £113 per pupil; similar schools £91 (middle half £73–£111)Energy£113Learning resources & ICT: this school £519 per pupil; similar schools £261 (middle half £202–£355)Learning resources & ICT£519Bought-in services: this school £113 per pupil; similar schools £172 (middle half £121–£267)Bought-in services£113
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£3,278
£3,133
£3,025–£3,355
Support staff (e.g. TAs)
£1,212
£1,321
£991–£1,516
Supply staff
£57
£109
£64–£217
Admin and clerical
£453
£318
£265–£440
Premises
£259
£385
£301–£431
Energy
£113
£91
£73–£111
Learning resources & ICT
£519
£261
£202–£355
Bought-in services
£113
£172
£121–£267

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£1.3m
£6,292
SEN funding (part of grants)
£67k
£316
Self-generated (lettings, catering, donations)
£122k
£575

Money raised by parents

THE WELLS FREE SCHOOL PARENT FRIENDS ASSOCIATION (charity 1178180, Registered) raised £7k in its latest year.

Year endingIncomeSpending
2026-08
£7k
£2k
2025-08
£6k
£9k
2024-08
£8k
£6k
2023-08
£12k
£15k
2022-08
£9k
£3k

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.

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 Wells Free School · All Kent school finances