East London Arts & Music: school finances
Large reserves
Holds £331k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · 16 plus · Free schools 16 to 19.
Academies in a trust don't hold money on their own: DAY ONE 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 | £2.3m | £2.1m | +£257k | £346k | 298 |
2019-20 | £2.2m | £1.9m | +£302k | £1k | 300 |
2020-21 | £2.4m | £2.1m | +£371k | £275k | 308 |
2021-22 | £2.5m | £2.5m | +£17k | £356k | 303 |
2022-23 | £2.8m | £2.7m | +£132k | £309k | 297 |
2023-24 | £3.6m | £3.1m | +£467k | £594k | 300 |
2024-25 | £3.5m | £3.6m | -£144k | £331k | 275 |
Compared with similar schools
Similar schools are the 12 post16 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 25% of them. It spends £13,244 a pupil in total; similar schools typically spend £9,220.
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 | £6,629 | £5,035 | £3,738–£6,227 |
Support staff (e.g. TAs) | £0 | £332 | £26–£1,098 |
Supply staff | £116 | £15 | £0–£254 |
Admin and clerical | £1,240 | £837 | £494–£1,356 |
Premises | £447 | £419 | £328–£498 |
Energy | £324 | £165 | £70–£243 |
Learning resources & ICT | £749 | £569 | £305–£877 |
Bought-in services | £735 | £139 | £54–£220 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Harris Professional Skills Sixth Form Healthy
- Harris Clapham Sixth Form In deficit
- London Academy of Excellence Large reserves
- Harris Rainham Sixth Form In deficit
- King's College London Maths School Large reserves
- Harris Westminster Sixth Form In deficit
- London Academy of Excellence Tottenham Large reserves
- Newham Collegiate Sixth Form Centre, City of London Academy Large reserves
- The London Screen Academy Large reserves
- Haringey Sixth Form College Large reserves
- Woodhouse College Large reserves
- Shooters Hill Sixth Form College Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.0m | £10,789 |
SEN funding (part of grants) | £172k | £625 |
Self-generated (lettings, catering, donations) | £718k | £2,611 |
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 bought-in services is £735 a pupil, against a typical £139 for similar schools. What's behind that?
- Spending on energy is £324 a pupil, against a typical £165 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 East London Arts & Music · All Tower Hamlets school finances