Schools in Reach

The Olive School, Bolton: school finances

Large reserves

Holds £581k in reserve, 20% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Bolton · Primary · Free schools.

Reserve at year end
£581k20% of a year's income
Last year's balance
+£206kincome minus spending
Income per pupil
£6,828
Pupils
425+77% since 2018-19

Academies in a trust don't hold money on their own: STAR ACADEMIES 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

£0£200k£400k2018-19: £146k reserve2018-192019-20: £307k reserve2019-202020-21: £212k reserve2020-212021-22: £330k reserve2021-222022-23: £447k reserve2022-232023-24: £475k reserve2023-242024-25: £581k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£1.0m£1.5m£2.0m£2.5mIncomeSpending2018-19: income £1.5m, spending £1.2m2018-192019-20: income £1.9m, spending £1.6m2019-202020-21: income £2.2m, spending £1.9m2020-212021-22: income £2.5m, spending £2.3m2021-222022-23: income £2.5m, spending £2.3m2022-232023-24: income £2.8m, spending £2.7m2023-242024-25: income £2.9m, spending £2.7m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£1.5m
£1.2m
+£273k
£146k
240
2019-20
£1.9m
£1.6m
+£237k
£307k
303
2020-21
£2.2m
£1.9m
+£238k
£212k
362
2021-22
£2.5m
£2.3m
+£229k
£330k
425
2022-23
£2.5m
£2.3m
+£227k
£447k
420
2023-24
£2.8m
£2.7m
+£147k
£475k
424
2024-25
£2.9m
£2.7m
+£206k
£581k
425

Compared with similar schools

Similar schools are the 30 primary 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 £6,344 a pupil in total; similar schools typically spend £6,224.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £2,682 per pupil; similar schools £3,057 (middle half £2,728–£3,214)Teachers£2,682Support staff (e.g. TAs): this school £1,176 per pupil; similar schools £1,336 (middle half £1,220–£1,516)Support staff (e.g. TAs)£1,176Supply staff: this school £0 per pupil; similar schools £128 (middle half £76–£177)Supply staff£0Admin and clerical: this school £353 per pupil; similar schools £274 (middle half £216–£310)Admin and clerical£353Premises: this school £254 per pupil; similar schools £292 (middle half £222–£366)Premises£254Energy: this school £101 per pupil; similar schools £91 (middle half £73–£107)Energy£101Learning resources & ICT: this school £231 per pupil; similar schools £247 (middle half £206–£310)Learning resources & ICT£231Bought-in services: this school £71 per pupil; similar schools £138 (middle half £68–£219)Bought-in services£71
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£2,682
£3,057
£2,728–£3,214
Support staff (e.g. TAs)
£1,176
£1,336
£1,220–£1,516
Supply staff
£0
£128
£76–£177
Admin and clerical
£353
£274
£216–£310
Premises
£254
£292
£222–£366
Energy
£101
£91
£73–£107
Learning resources & ICT
£231
£247
£206–£310
Bought-in services
£71
£138
£68–£219

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£2.8m
£6,685
SEN funding (part of grants)
£124k
£292
Self-generated (lettings, catering, donations)
£66k
£155

Questions to ask the school

Useful for parents, governors and PTA committees.

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 The Olive School, Bolton · All Bolton school finances