Schools in Reach

Watling Academy: school finances

Large reserves

Holds £974k in reserve, 8% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Milton Keynes · Secondary · Free schools.

Reserve at year end
£974k8% of a year's income
Last year's balance
+£1.8mincome minus spending
Income per pupil
£7,977
Pupils
1,504+736% since 2020-21

Academies in a trust don't hold money on their own: THE ALLIANCE SCHOOLS 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

£0£500k£1.0m2020-21: £11k reserve2020-212021-22: £55k reserve2021-222022-23: £1.3m reserve2022-232023-24: £611k reserve2023-242024-25: £974k reserve2024-25

Income and spending, 2020-21 to 2024-25

Income Spending

£0£5.0m£10.0mIncomeSpending2020-21: income £1.4m, spending £1.3m2020-212021-22: income £3.2m, spending £3.1m2021-222022-23: income £5.6m, spending £5.3m2022-232023-24: income £8.8m, spending £7.9m2023-242024-25: income £12.0m, spending £10.2m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2020-21
£1.4m
£1.3m
+£123k
£11k
180
2021-22
£3.2m
£3.1m
+£135k
£55k
480
2022-23
£5.6m
£5.3m
+£271k
£1.3m
841
2023-24
£8.8m
£7.9m
+£931k
£611k
1,203
2024-25
£12.0m
£10.2m
+£1.8m
£974k
1,504

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 37% of them. It spends £6,781 a pupil in total; similar schools typically spend £7,231.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £3,701 per pupil; similar schools £4,207 (middle half £3,941–£4,558)Teachers£3,701Support staff (e.g. TAs): this school £989 per pupil; similar schools £689 (middle half £538–£924)Support staff (e.g. TAs)£989Supply staff: this school £68 per pupil; similar schools £110 (middle half £51–£235)Supply staff£68Admin and clerical: this school £430 per pupil; similar schools £363 (middle half £276–£495)Admin and clerical£430Premises: this school £458 per pupil; similar schools £398 (middle half £307–£611)Premises£458Energy: this school £118 per pupil; similar schools £138 (middle half £106–£167)Energy£118Learning resources & ICT: this school £515 per pupil; similar schools £455 (middle half £353–£580)Learning resources & ICT£515Bought-in services: this school £136 per pupil; similar schools £76 (middle half £28–£167)Bought-in services£136
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£3,701
£4,207
£3,941–£4,558
Support staff (e.g. TAs)
£989
£689
£538–£924
Supply staff
£68
£110
£51–£235
Admin and clerical
£430
£363
£276–£495
Premises
£458
£398
£307–£611
Energy
£118
£138
£106–£167
Learning resources & ICT
£515
£455
£353–£580
Bought-in services
£136
£76
£28–£167

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£11.4m
£7,578
SEN funding (part of grants)
£261k
£174
Self-generated (lettings, catering, donations)
£600k
£399

Questions to ask the school

Useful for parents, governors and PTA committees.

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 Watling Academy · All Milton Keynes school finances