Springwell Alternative Academy Grantham: school finances
Large reserves
Holds £457k 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 | +£121k | £98k | 49 |
2020-21 | £1.5m | £1.2m | +£322k | £297k | 38 |
2021-22 | £1.5m | £1.3m | +£199k | £371k | 35 |
2022-23 | £1.6m | £1.5m | +£127k | £454k | 50 |
2023-24 | £1.7m | £1.6m | +£52k | £409k | 49 |
2024-25 | £2.2m | £1.9m | +£238k | £457k | 51 |
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 77% of them. It spends £37,686 a pupil in total; similar schools typically spend £31,316.
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 | £14,000 | £13,298 | £10,545–£18,325 |
Support staff (e.g. TAs) | £14,922 | £7,610 | £4,311–£9,509 |
Supply staff | £39 | £1,025 | £346–£2,228 |
Admin and clerical | £1,784 | £1,488 | £1,019–£2,385 |
Premises | £1,137 | £1,125 | £830–£1,951 |
Energy | £863 | £410 | £223–£660 |
Learning resources & ICT | £1,667 | £1,518 | £1,043–£2,275 |
Bought-in services | £98 | £522 | £91–£2,647 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Stansfield Academy Large reserves
- The Lodestar Academy Tight
- Springwell Alternative Academy Spalding Large reserves
- Chaselea Alternative Provision Academy Large reserves
- Springwell Alternative Academy Large reserves
- OA - Cambridge Large reserves
- Whitehouse Pupil Referral Unit Large reserves
- Caradon Alternative Provision Academy Large reserves
- Arbour Academy Healthy
- Forwards Centre Large reserves
- Springwell Alternative Academy Mablethorpe Large reserves
- Evolve Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.2m | £43,392 |
SEN funding (part of grants) | £1.3m | £25,902 |
Self-generated (lettings, catering, donations) | £2k | £39 |
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 energy is £863 a pupil, against a typical £410 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £14,922 a pupil, against a typical £7,610 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.
Admissions, Ofsted and results for Springwell Alternative Academy Grantham · All Lincolnshire school finances