Schools in Reach

Maritime Academy: school finances

Tight

Holds £7k in reserve, under 3% of a year's income: little room for surprises.

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

Reserve at year end
£7k0% of a year's income
Last year's balance
+£927kincome minus spending
Income per pupil
£7,645
Pupils
564+297% since 2022-23

Academies in a trust don't hold money on their own: THE THINKING SCHOOLS 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, 2022-23 to 2024-25

-£100k-£50k£02022-23: -£93k reserve2022-232023-24: -£15k reserve2023-242024-25: £7k reserve2024-25

Income and spending, 2022-23 to 2024-25

Income Spending

£1.0m£2.0m£3.0m£4.0mIncomeSpending2022-23: income £1.4m, spending £1.6m2022-232023-24: income £2.8m, spending £2.3m2023-242024-25: income £4.3m, spending £3.4m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2022-23
£1.4m
£1.6m
-£170k
-£93k
142
2023-24
£2.8m
£2.3m
+£477k
-£15k
345
2024-25
£4.3m
£3.4m
+£927k
£7k
564

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 13% of them. It spends £6,002 a pupil in total; similar schools typically spend £7,802.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £3,945 per pupil; similar schools £4,266 (middle half £3,921–£4,525)Teachers£3,945Support staff (e.g. TAs): this school £872 per pupil; similar schools £961 (middle half £812–£1,128)Support staff (e.g. TAs)£872Supply staff: this school £303 per pupil; similar schools £147 (middle half £67–£262)Supply staff£303Admin and clerical: this school £232 per pupil; similar schools £396 (middle half £258–£569)Admin and clerical£232Premises: this school £4 per pupil; similar schools £461 (middle half £402–£558)Premises£4Energy: this school £18 per pupil; similar schools £174 (middle half £137–£232)Energy£18Learning resources & ICT: this school £289 per pupil; similar schools £393 (middle half £315–£558)Learning resources & ICT£289Bought-in services: this school £20 per pupil; similar schools £101 (middle half £48–£232)Bought-in services£20
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£3,945
£4,266
£3,921–£4,525
Support staff (e.g. TAs)
£872
£961
£812–£1,128
Supply staff
£303
£147
£67–£262
Admin and clerical
£232
£396
£258–£569
Premises
£4
£461
£402–£558
Energy
£18
£174
£137–£232
Learning resources & ICT
£289
£393
£315–£558
Bought-in services
£20
£101
£48–£232

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
£4.3m
£7,642
SEN funding (part of grants)
£38k
£67
Self-generated (lettings, catering, donations)
£2k
£4

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 Maritime Academy · All Medway school finances