Springwell Alternative Academy Lincoln: school finances
Large reserves
Holds £458k 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.
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
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 | £1.3m | +£119k | £98k | 49 |
2020-21 | £1.5m | £1.2m | +£322k | £297k | 32 |
2021-22 | £1.5m | £1.3m | +£198k | £371k | 45 |
2022-23 | £1.6m | £1.5m | +£129k | £454k | 52 |
2023-24 | £1.7m | £1.6m | +£52k | £409k | 48 |
2024-25 | £2.2m | £1.9m | +£239k | £458k | 88 |
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 87% of them. It spends £21,841 a pupil in total; similar schools typically spend £31,005.
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 | £8,114 | £11,506 | £9,839–£15,592 |
Support staff (e.g. TAs) | £8,648 | £7,636 | £4,585–£9,952 |
Supply staff | £23 | £1,093 | £631–£2,334 |
Admin and clerical | £1,034 | £1,345 | £1,156–£2,029 |
Premises | £659 | £1,102 | £980–£2,004 |
Energy | £500 | £421 | £228–£659 |
Learning resources & ICT | £966 | £1,606 | £989–£3,047 |
Bought-in services | £57 | £841 | £202–£2,646 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The Rowans Large reserves
- Archway Academy Large reserves
- Alder Brook Primary Partnership Centre In deficit
- The Bridge School Large reserves
- Bradford Alternative Provision Academy Large reserves
- The Whitley AP Academy Tight
- Alternative Education Service - The Beacon Centre In deficit
- Enrich Academy Large reserves
- Evolve Academy Large reserves
- Leicester Partnership School Large reserves
- Launchpad Centre In deficit
- New Heights High School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.2m | £25,148 |
SEN funding (part of grants) | £1.3m | £15,011 |
Self-generated (lettings, catering, donations) | £3k | £34 |
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.
Admissions, Ofsted and results for Springwell Alternative Academy Lincoln · All Lincolnshire school finances