The Olive Tree Primary School Bolton: school finances
Large reserves
Holds £1.2m in reserve, 43% of a year's income. It has been drawing on it for 3 years.
Latest full year 2024-25, as a academy (accounts return, September–August). Bolton · Primary · Free schools.
Academies in a trust don't hold money on their own: THE OLIVE TREE PRIMARY SCHOOL BOLTON 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 | £2.0m | £1.9m | +£112k | £1.0m | 419 |
2019-20 | £2.1m | £2.0m | +£110k | £1.1m | 421 |
2020-21 | £2.2m | £2.0m | +£196k | £1.3m | 417 |
2021-22 | £2.3m | £2.3m | +£10k | £1.4m | 420 |
2022-23 | £2.4m | £2.5m | -£96k | £1.3m | 418 |
2023-24 | £2.6m | £2.7m | -£56k | £1.2m | 418 |
2024-25 | £2.7m | £2.7m | -£41k | £1.2m | 419 |
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 100% of them. It spends £6,504 a pupil in total; similar schools typically spend £6,422.
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 | £2,945 | £3,257 | £2,963–£3,380 |
Support staff (e.g. TAs) | £1,162 | £1,320 | £1,099–£1,507 |
Supply staff | £224 | £72 | £20–£138 |
Admin and clerical | £356 | £273 | £212–£339 |
Premises | £356 | £281 | £250–£329 |
Energy | £88 | £83 | £62–£100 |
Learning resources & ICT | £305 | £260 | £208–£316 |
Bought-in services | £169 | £125 | £99–£195 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Elstow School Large reserves
- Half Acres Primary Academy Large reserves
- The John Wesley Church of England Methodist Voluntary Aided Primary School Heading for deficit
- Cauldwell School Large reserves
- Hempstalls Primary School Healthy
- Falcon Junior School Heading for deficit
- Warden Hill Junior School Healthy
- All Saints' CofE (Aided) Primary School Healthy
- St Margaret's Church of England Voluntary Aided Primary School, Ipswich Healthy
- Eye CofE Primary School In deficit
- Meryfield Primary School Large reserves
- Richmond Avenue Primary and Nursery School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.7m | £6,353 |
SEN funding (part of grants) | £65k | £155 |
Self-generated (lettings, catering, donations) | £40k | £95 |
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?
- Spending on supply staff is £224 a pupil, against a typical £72 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.
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