King Edward VI College: school finances
Large reserves
Holds £2.9m in reserve, 32% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Warwickshire · 16 plus · Academy 16-19 converter.
Academies in a trust don't hold money on their own: BETTER FUTURES MULTI-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
Income and spending, 2019-20 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2019-20 | £5.5m | £5.2m | +£339k | £711k | — |
2020-21 | £6.2m | £5.9m | +£351k | £1.3m | — |
2021-22 | £6.4m | £6.4m | -£67k | £1.6m | 1,319 |
2022-23 | £7.4m | £7.2m | +£186k | £2.2m | — |
2023-24 | £7.7m | £7.0m | +£684k | £2.5m | — |
2024-25 | £9.1m | £8.2m | +£898k | £2.9m | 1,493 |
Compared with similar schools
Similar schools are the 30 post16 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 83% of them. It spends £5,499 a pupil in total; similar schools typically spend £6,157.
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 | £2,723 | £3,470 | £2,918–£3,710 |
Support staff (e.g. TAs) | £175 | £602 | £485–£723 |
Supply staff | £23 | £18 | £1–£66 |
Admin and clerical | £454 | £434 | £347–£677 |
Premises | £278 | £290 | £243–£395 |
Energy | £108 | £111 | £97–£141 |
Learning resources & ICT | £390 | £415 | £356–£577 |
Bought-in services | £12 | £25 | £14–£56 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Thomas Rotherham College Tight
- Birkenhead Sixth Form College Large reserves
- Woking College Healthy
- Gateway Sixth Form College Large reserves
- Worcester Sixth Form College Healthy
- East Norfolk Sixth Form College Large reserves
- City of Stoke-On-Trent Sixth Form College Large reserves
- Sir John Deane's Sixth Form College Large reserves
- Prior Pursglove and Stockton Sixth Form College Large reserves
- Queen Mary's College Large reserves
- Esher Sixth Form College Large reserves
- Rochdale Sixth Form College Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.0m | £6,004 |
SEN funding (part of grants) | £225k | £151 |
Self-generated (lettings, catering, donations) | £169k | £113 |
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?
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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