Schools in Reach

Springwell Alternative Academy Spalding: school finances

Large reserves

Holds £456k in reserve, 21% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Lincolnshire · Not applicable · Free schools alternative provision.

Reserve at year end
£456k21% of a year's income
Last year's balance
+£238kincome minus spending
Income per pupil
£38,571
Pupils
56+30% since 2019-20

Academies in a trust don't hold money on their own: WELLSPRING 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, 2019-20 to 2024-25

£0£200k£400k2019-20: £98k reserve2019-202020-21: £297k reserve2020-212021-22: £371k reserve2021-222022-23: £453k reserve2022-232023-24: £409k reserve2023-242024-25: £456k reserve2024-25

Income and spending, 2019-20 to 2024-25

Income Spending

£1.0m£1.5m£2.0mIncomeSpending2019-20: income £1.4m, spending £1.3m2019-202020-21: income £1.5m, spending £1.2m2020-212021-22: income £1.5m, spending £1.3m2021-222022-23: income £1.6m, spending £1.5m2022-232023-24: income £1.7m, spending £1.6m2023-242024-25: income £2.2m, spending £1.9m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2019-20
£1.4m
£1.3m
+£120k
£98k
43
2020-21
£1.5m
£1.2m
+£323k
£297k
34
2021-22
£1.5m
£1.3m
+£199k
£371k
40
2022-23
£1.6m
£1.5m
+£125k
£453k
35
2023-24
£1.7m
£1.6m
+£52k
£409k
47
2024-25
£2.2m
£1.9m
+£238k
£456k
56

Compared with similar schools

Similar schools are the 30 alternative-provision 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 70% of them. It spends £34,321 a pupil in total; similar schools typically spend £30,336.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £12,750 per pupil; similar schools £13,437 (middle half £10,449–£16,526)Teachers£12,750Support staff (e.g. TAs): this school £13,589 per pupil; similar schools £7,438 (middle half £4,304–£9,695)Support staff (e.g. TAs)£13,589Supply staff: this school £36 per pupil; similar schools £817 (middle half £249–£1,905)Supply staff£36Admin and clerical: this school £1,625 per pupil; similar schools £1,345 (middle half £872–£1,932)Admin and clerical£1,625Premises: this school £1,036 per pupil; similar schools £1,018 (middle half £886–£1,702)Premises£1,036Energy: this school £786 per pupil; similar schools £410 (middle half £203–£659)Energy£786Learning resources & ICT: this school £1,518 per pupil; similar schools £1,429 (middle half £921–£2,119)Learning resources & ICT£1,518Bought-in services: this school £89 per pupil; similar schools £251 (middle half £89–£2,498)Bought-in services£89
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£12,750
£13,437
£10,449–£16,526
Support staff (e.g. TAs)
£13,589
£7,438
£4,304–£9,695
Supply staff
£36
£817
£249–£1,905
Admin and clerical
£1,625
£1,345
£872–£1,932
Premises
£1,036
£1,018
£886–£1,702
Energy
£786
£410
£203–£659
Learning resources & ICT
£1,518
£1,429
£921–£2,119
Bought-in services
£89
£251
£89–£2,498

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
£2.2m
£39,518
SEN funding (part of grants)
£1.3m
£23,589
Self-generated (lettings, catering, donations)
£2k
£36

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 Springwell Alternative Academy Spalding · All Lincolnshire school finances