London Enterprise Academy: school finances
Large reserves
Holds £2.4m in reserve, 42% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · Secondary · Free schools.
Academies in a trust don't hold money on their own: TOWER HAMLETS ENTERPRISE ACADEMY LTD 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 | £4.7m | £4.5m | +£251k | £1.6m | 482 |
2019-20 | £4.4m | £4.0m | +£445k | £2.2m | 426 |
2020-21 | £4.3m | £4.1m | +£182k | £2.3m | 442 |
2021-22 | £4.4m | £4.4m | -£31k | £2.3m | 468 |
2022-23 | £4.3m | £4.5m | -£211k | £2.1m | 464 |
2023-24 | £5.3m | £5.0m | +£239k | £2.2m | 485 |
2024-25 | £5.8m | £5.5m | +£304k | £2.4m | 415 |
Compared with similar schools
Similar schools are the 30 secondary 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 100% of them. It spends £13,306 a pupil in total; similar schools typically spend £9,285.
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 | £6,241 | £5,085 | £4,781–£6,109 |
Support staff (e.g. TAs) | £957 | £750 | £531–£960 |
Supply staff | £345 | £190 | £56–£297 |
Admin and clerical | £817 | £593 | £470–£812 |
Premises | £952 | £517 | £413–£707 |
Energy | £299 | £198 | £138–£265 |
Learning resources & ICT | £872 | £570 | £425–£780 |
Bought-in services | £304 | £194 | £117–£305 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Hewens College In deficit
- Canary Wharf College Crossharbour Large reserves
- St Ursula's Convent School Large reserves
- Gaynes School Heading for deficit
- Global Academy Tight
- Hornsey School for Girls In deficit
- King Solomon High School In deficit
- St Andrew the Apostle Greek Orthodox School In deficit
- South Bank University Sixth Form Large reserves
- The Ursuline Academy Ilford Large reserves
- Salvatorian Roman Catholic College In deficit
- Sanders Draper Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £5.5m | £13,176 |
SEN funding (part of grants) | £63k | £152 |
Self-generated (lettings, catering, donations) | £369k | £889 |
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 premises is £952 a pupil, against a typical £517 for similar schools. What's behind that?
- Spending on supply staff is £345 a pupil, against a typical £190 for similar schools. What's behind that?
- Spending on learning resources & ict is £872 a pupil, against a typical £570 for similar schools. What's behind that?
- Spending on energy is £299 a pupil, against a typical £198 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 London Enterprise Academy · All Tower Hamlets school finances