Angel Oak Academy: school finances
Tight
Holds £109k 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). Southwark · Primary · Academy sponsor led.
Academies in a trust don't hold money on their own: STEP ACADEMY 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 | £2.9m | £2.6m | +£312k | £91k | 411 |
2019-20 | £2.9m | £1.9m | +£1.1m | £102k | 421 |
2020-21 | £3.0m | £2.4m | +£603k | £122k | 433 |
2021-22 | £3.2m | £2.3m | +£870k | £84k | 420 |
2022-23 | £3.7m | £2.1m | +£1.7m | £90k | 411 |
2023-24 | £4.0m | £2.5m | +£1.5m | £84k | 409 |
2024-25 | £3.7m | £2.0m | +£1.7m | £109k | 407 |
Compared with similar schools
Similar schools are the 30 primary 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 23% of them. It spends £4,811 a pupil in total; similar schools typically spend £8,802.
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 | £2,813 | £3,869 | £3,379–£4,420 |
Support staff (e.g. TAs) | £1,324 | £1,547 | £1,230–£1,919 |
Supply staff | £278 | £253 | £80–£581 |
Admin and clerical | £0 | £398 | £287–£538 |
Premises | £0 | £458 | £381–£565 |
Energy | £0 | £104 | £80–£136 |
Learning resources & ICT | £172 | £281 | £215–£365 |
Bought-in services | £0 | £151 | £82–£673 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Brunswick Park Primary School Large reserves
- Peareswood Primary School Healthy
- Kidbrooke Park Primary School Large reserves
- West Hampstead Primary School Large reserves
- Alma Primary School Large reserves
- Queensbridge Primary School In deficit
- Keir Hardie Primary School Large reserves
- Ark Atwood Primary Academy Heading for deficit
- Brook House Primary School Large reserves
- Cardwell Primary School In deficit
- Earlsmead Primary School Tight
- Grafton Primary School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.6m | £8,931 |
SEN funding (part of grants) | £324k | £796 |
Self-generated (lettings, catering, donations) | £59k | £145 |
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?
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 Angel Oak Academy · All Southwark school finances