Paxman Academy: school finances
Large reserves
Holds £708k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Essex · Secondary · Free schools.
Academies in a trust don't hold money on their own: THE SIGMA 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 | £1.4m | £1.2m | +£269k | £89k | 180 |
2020-21 | £2.6m | £2.2m | +£389k | £383k | 355 |
2021-22 | £3.6m | £3.7m | -£22k | £410k | 538 |
2022-23 | £5.2m | £4.9m | +£290k | £465k | 697 |
2023-24 | £7.1m | £6.6m | +£436k | £532k | 895 |
2024-25 | £7.6m | £7.1m | +£504k | £708k | 889 |
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 50% of them. It spends £7,940 a pupil in total; similar schools typically spend £7,807.
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 | £4,294 | £4,517 | £4,178–£4,764 |
Support staff (e.g. TAs) | £1,178 | £809 | £588–£982 |
Supply staff | £66 | £159 | £97–£308 |
Admin and clerical | £526 | £414 | £300–£557 |
Premises | £420 | £385 | £320–£460 |
Energy | £96 | £147 | £108–£184 |
Learning resources & ICT | £345 | £557 | £437–£682 |
Bought-in services | £238 | £79 | £33–£196 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Poltair School Large reserves
- Meols Cop High School Large reserves
- Hall Park Academy Tight
- The Blue Coat School Basingstoke Large reserves
- Belmont Community School Large reserves
- Ridgeway Academy Large reserves
- E-ACT Montpelier High School Large reserves
- Thornhill Community Academy, A Share Academy Large reserves
- The Westwood Academy Tight
- The Astley Cooper School Large reserves
- Selston High School Large reserves
- Henley Bank High School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £7.2m | £8,144 |
SEN funding (part of grants) | £283k | £318 |
Self-generated (lettings, catering, donations) | £331k | £372 |
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 bought-in services is £238 a pupil, against a typical £79 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £1,178 a pupil, against a typical £809 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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