The Wells Academy: school finances
Large reserves
Holds £719k in reserve, 11% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Nottingham · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: GREENWOOD ACADEMIES 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, 2020-21 to 2024-25
Income and spending, 2020-21 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2020-21 | £5.3m | £4.7m | +£602k | £120k | 641 |
2021-22 | £5.3m | £4.7m | +£608k | £313k | 620 |
2022-23 | £5.4m | £4.8m | +£506k | £8k | 682 |
2023-24 | £6.2m | £5.4m | +£708k | £183k | 702 |
2024-25 | £6.7m | £6.0m | +£725k | £719k | 708 |
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 60% of them. It spends £8,441 a pupil in total; similar schools typically spend £8,860.
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 | £4,825 | £4,621 | £4,246–£5,147 |
Support staff (e.g. TAs) | £97 | £1,111 | £876–£1,322 |
Supply staff | £160 | £205 | £80–£344 |
Admin and clerical | £640 | £476 | £382–£597 |
Premises | £444 | £496 | £413–£649 |
Energy | £288 | £168 | £126–£206 |
Learning resources & ICT | £1,366 | £451 | £387–£624 |
Bought-in services | £8 | £99 | £37–£276 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Lincoln Castle Academy Large reserves
- Sir William Stanier School In deficit
- The Holy Family Catholic School, a Voluntary Academy In deficit
- Outwood Academy Brumby Large reserves
- King Edward VI Northfield School for Girls Large reserves
- The Laurel Academy Heading for deficit
- Kirk Hallam Community Academy In deficit
- Whittington Green School Healthy
- Newland School for Girls Large reserves
- The Hyndburn Academy Heading for deficit
- Bay Leadership Academy In deficit
- Beckfoot Upper Heaton Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £6.6m | £9,338 |
Self-generated (lettings, catering, donations) | £112k | £158 |
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 £1,366 a pupil, against a typical £451 for similar schools. What's behind that?
- Spending on energy is £288 a pupil, against a typical £168 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 The Wells Academy · All Nottingham school finances