Haberdashers' Borough Academy: school finances
Large reserves
Holds £692k in reserve, 7% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Southwark · Secondary · Free schools.
Academies in a trust don't hold money on their own: HABERDASHERS' ASKE'S FEDERATION 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 | £1.8m | £1.4m | +£406k | £0 | 175 |
2020-21 | £3.6m | £2.5m | +£1.1m | £0 | 360 |
2021-22 | £5.5m | £4.7m | +£842k | £0 | 536 |
2022-23 | £7.1m | £6.3m | +£783k | £0 | 704 |
2023-24 | £9.1m | £8.7m | +£369k | £0 | 863 |
2024-25 | £9.6m | £8.5m | +£1.1m | £692k | 921 |
Compared with similar schools
Similar schools are the 30 secondary 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 40% of them. It spends £9,267 a pupil in total; similar schools typically spend £10,653.
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 | £5,290 | £6,082 | £5,351–£6,481 |
Support staff (e.g. TAs) | £800 | £886 | £659–£1,350 |
Supply staff | £0 | £145 | £39–£295 |
Admin and clerical | £567 | £669 | £562–£947 |
Premises | £157 | £599 | £500–£947 |
Energy | £0 | £191 | £141–£250 |
Learning resources & ICT | £1,432 | £581 | £433–£748 |
Bought-in services | £322 | £247 | £83–£347 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Platanos College Large reserves
- St Augustine's Federated Schools: CE High School Large reserves
- City of London Academy, Shoreditch Park Tight
- Saint John Bosco College Large reserves
- Lilian Baylis Technology School Heading for deficit
- Langdon Park Community School Large reserves
- Harris Academy Battersea Large reserves
- William Ellis School Heading for deficit
- The Lea Valley Academy Large reserves
- City of London Academy Highbury Grove In deficit
- Elizabeth Garrett Anderson School Large reserves
- Pimlico Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.5m | £10,288 |
SEN funding (part of grants) | £224k | £243 |
Self-generated (lettings, catering, donations) | £132k | £143 |
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 learning resources & ict is £1,432 a pupil, against a typical £581 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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