The Khalsa Academy Wolverhampton: school finances
Large reserves
Holds £1.3m in reserve, 19% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Wolverhampton · Secondary · Free schools.
Academies in a trust don't hold money on their own: ONE MULTI ACADEMIES TRUST 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 | £2.7m | £2.3m | +£381k | £450k | 465 |
2019-20 | £4.0m | £3.0m | +£954k | £1.2m | 618 |
2020-21 | £4.6m | £3.5m | +£1.0m | £1.7m | 686 |
2021-22 | £5.0m | £4.4m | +£601k | £1.1m | 753 |
2022-23 | £5.4m | £4.9m | +£546k | £1.3m | 767 |
2023-24 | £5.9m | £5.6m | +£298k | £1.2m | 789 |
2024-25 | £6.5m | £6.0m | +£492k | £1.3m | 771 |
Compared with similar schools
Similar schools are the 30 secondary 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 97% of them. It spends £7,770 a pupil in total; similar schools typically spend £8,177.
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 | £3,577 | £4,489 | £3,905–£5,119 |
Support staff (e.g. TAs) | £428 | £962 | £713–£1,165 |
Supply staff | £132 | £230 | £110–£339 |
Admin and clerical | £1,839 | £413 | £277–£638 |
Premises | £450 | £439 | £383–£695 |
Energy | £245 | £181 | £133–£225 |
Learning resources & ICT | £486 | £441 | £365–£612 |
Bought-in services | £93 | £111 | £25–£294 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Stoke High School - Ormiston Academy Large reserves
- The Oakwood Academy Large reserves
- Bridgemary School Large reserves
- Bolton Muslim Girls School Large reserves
- Sir John Hunt Community Sports College Heading for deficit
- The Dukeries Academy Tight
- Our Lady Queen of Peace Catholic High School Large reserves
- De Warenne Academy Large reserves
- The Turing School Healthy
- Kearsley Academy Large reserves
- The Brian Clarke Church of England Academy Large reserves
- Prince Albert High School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £6.3m | £8,231 |
SEN funding (part of grants) | £59k | £77 |
Self-generated (lettings, catering, donations) | £179k | £232 |
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 admin and clerical is £1,839 a pupil, against a typical £413 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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