Parkway Academy: school finances
Large reserves
Holds £334k in reserve, 25% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Norfolk · Primary · Academy converter.
Academies in a trust don't hold money on their own: EASTERN 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 | £1.2m | £1.1m | +£114k | £604k | 215 |
2019-20 | £1.2m | £1.1m | +£45k | £648k | 216 |
2020-21 | £1.1m | £1.1m | -£28k | £629k | 217 |
2021-22 | £996k | £1.1m | -£93k | £537k | 204 |
2022-23 | £1.2m | £1.2m | -£7k | £531k | 195 |
2024-25 | £1.4m | £1.2m | +£127k | £334k | 172 |
Compared with similar schools
Similar schools are the 30 primary 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 £7,128 a pupil in total; similar schools typically spend £8,406.
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 | £3,610 | £3,827 | £3,511–£4,040 |
Support staff (e.g. TAs) | £1,000 | £1,710 | £1,515–£2,110 |
Supply staff | £58 | £130 | £80–£238 |
Admin and clerical | £483 | £399 | £318–£488 |
Premises | £581 | £476 | £394–£572 |
Energy | £76 | £130 | £91–£159 |
Learning resources & ICT | £198 | £334 | £223–£401 |
Bought-in services | £273 | £251 | £183–£333 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Wisewood Nursery & Primary School In deficit
- Warrington St Barnabas CofE Primary School Large reserves
- Waterside Academy Large reserves
- Drake Primary Academy In deficit
- Netherhall St James CofE (VC) Infant and Nursery School Healthy
- St Mary's Catholic Primary School Large reserves
- Albany Junior School Large reserves
- Chiltern Primary School Large reserves
- Rosehill Infant and Nursery School Large reserves
- Padiham Green Church of England Primary School Large reserves
- Hanbury's Farm Community Primary School Healthy
- St Matthias Church of England Primary School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.3m | £7,715 |
SEN funding (part of grants) | £61k | £355 |
Self-generated (lettings, catering, donations) | £32k | £186 |
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 20% 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.
Admissions, Ofsted and results for Parkway Academy · All Norfolk school finances