Ormiston Latimer Academy: school finances
Tight
Holds £42k 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). Kensington and Chelsea · Not applicable · Academy alternative provision converter.
Academies in a trust don't hold money on their own: ORMISTON ACADEMIES 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 | £1.8m | £2.3m | -£500k | -£240k | 98 |
2019-20 | £1.6m | £2.0m | -£447k | £0 | 80 |
2020-21 | £1.4m | £1.5m | -£93k | £0 | 33 |
2021-22 | £1.6m | £1.5m | +£90k | £0 | 38 |
2022-23 | £1.9m | £1.8m | +£162k | £0 | 47 |
2023-24 | £2.1m | £2.1m | +£84k | £0 | 53 |
2024-25 | £2.2m | £2.4m | -£126k | £42k | 55 |
Compared with similar schools
Similar schools are the 30 alternative-provision schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 33% of them. It spends £42,745 a pupil in total; similar schools typically spend £44,214.
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 | £23,018 | £17,581 | £13,232–£26,132 |
Support staff (e.g. TAs) | £5,127 | £7,505 | £5,501–£9,509 |
Supply staff | £3,891 | £2,180 | £1,063–£4,611 |
Admin and clerical | £3,164 | £2,786 | £1,490–£4,077 |
Premises | £1,564 | £2,067 | £1,475–£3,640 |
Energy | £382 | £581 | £427–£949 |
Learning resources & ICT | £691 | £1,616 | £1,013–£2,658 |
Bought-in services | £782 | £3,134 | £1,176–£6,814 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Southwark Inclusive Learning Service (Sils) Heading for deficit
- Heath School Healthy
- Ormiston Bridge Academy Tight
- Francis Barber Pupil Referral Unit Healthy
- Westside School Large reserves
- Burnside Secondary PRU Large reserves
- Ormiston Beachcroft Academy Tight
- New Regent's College Large reserves
- Horizons Academy Bexley Large reserves
- Brent River College Tight
- Evolve Academy In deficit
- New River College Secondary In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.2m | £39,491 |
SEN funding (part of grants) | £631k | £11,473 |
Self-generated (lettings, catering, donations) | £53k | £964 |
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?
- Pupil numbers have fallen 44% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
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 Ormiston Latimer Academy · All Kensington and Chelsea school finances