Lotus Academy: school finances
Large reserves
Holds £308k in reserve, 10% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Sheffield · Not applicable · Academy special sponsor led.
Academies in a trust don't hold money on their own: NEXUS MULTI ACADEMY TRUST 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 | £3.6m | £3.4m | +£137k | £286k | 118 |
2019-20 | £3.4m | £3.8m | -£459k | -£173k | 112 |
2020-21 | £2.9m | £3.6m | -£678k | -£851k | 93 |
2021-22 | £2.8m | £3.4m | -£561k | -£1.4m | 100 |
2022-23 | £2.7m | £3.1m | -£435k | -£1.8m | 95 |
2023-24 | £3.3m | £3.4m | -£92k | -£1.9m | 75 |
2024-25 | £3.0m | £2.7m | +£248k | £308k | 92 |
Compared with similar schools
Similar schools are the 30 special 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 57% of them. It spends £29,859 a pupil in total; similar schools typically spend £33,003.
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 | £10,609 | £13,238 | £11,067–£14,879 |
Support staff (e.g. TAs) | £7,696 | £7,809 | £6,270–£11,083 |
Supply staff | £3,391 | £1,499 | £446–£3,251 |
Admin and clerical | £2,120 | £1,288 | £960–£1,968 |
Premises | £1,522 | £1,867 | £1,286–£2,718 |
Energy | £413 | £489 | £351–£627 |
Learning resources & ICT | £2,054 | £1,369 | £955–£1,941 |
Bought-in services | £435 | £1,317 | £434–£2,448 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Walworth School Large reserves
- Hollis Academy Large reserves
- Mo Mowlam Academy Large reserves
- Bure Park Specialist Academy In deficit
- Willow Park School In deficit
- Finch Woods Academy Large reserves
- The Polygon School Large reserves
- High Well School Large reserves
- Thomas Ashton School In deficit
- Peak School Large reserves
- Sutton House Academy Large reserves
- Westbury Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.0m | £32,402 |
SEN funding (part of grants) | £1.5m | £16,543 |
Self-generated (lettings, catering, donations) | £14k | £152 |
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?
- Pupil numbers have fallen 22% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
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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