Soar Valley College: school finances
Large reserves
Holds £14.0m in reserve, 89% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Leicester · Secondary · Academy converter.
Academies in a trust don't hold money on their own: ASPIRE LEARNING PARTNERSHIP can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
Earlier years come from this school's return before it became an academy (a different DfE number).
Reserve at the end of each year, 2018-19 to 2024-25
Income and spending, 2018-19 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £9.2m | £8.7m | +£407k | £1.3m | 1,504 |
2019-20 | £10.2m | £9.2m | +£1.0m | £2.3m | 1,565 |
2020-21 | £11.1m | £9.9m | +£1.2m | £3.6m | 1,565 |
2021-22 | £11.9m | £9.4m | +£2.5m | £6.1m | 1,561 |
2022-23 | £13.2m | £11.1m | +£2.1m | £8.2m | 1,566 |
2023-24 | £14.2m | £12.1m | +£2.1m | £11.0m | 1,565 |
2024-25 | £15.8m | £12.7m | +£3.1m | £14.0m | 1,566 |
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 97% of them. It spends £8,112 a pupil in total; similar schools typically spend £7,859.
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 | £4,370 | £4,383 | £4,138–£4,653 |
Support staff (e.g. TAs) | £911 | £913 | £736–£1,154 |
Supply staff | £80 | £130 | £57–£244 |
Admin and clerical | £471 | £438 | £290–£562 |
Premises | £1,328 | £436 | £334–£843 |
Energy | £20 | £142 | £113–£157 |
Learning resources & ICT | £352 | £463 | £384–£629 |
Bought-in services | £51 | £145 | £38–£186 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Lift Tendring Large reserves
- Towers School and Sixth Form Centre Large reserves
- Trinity CofE High School Large reserves
- Stanground Academy Large reserves
- Chorlton High School Healthy
- Aldridge School - A Science College Large reserves
- Nene Park Academy Large reserves
- Northfield School and Sports College Healthy
- St Peter's School Large reserves
- Bexhill High Academy Large reserves
- Thornleigh Salesian College Large reserves
- Lift Kingswood Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £15.7m | £10,050 |
SEN funding (part of grants) | £314k | £201 |
Self-generated (lettings, catering, donations) | £154k | £98 |
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 premises is £1,328 a pupil, against a typical £436 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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