Hermitage Primary School: school finances
Large reserves
Holds £259k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · Primary · Academy converter.
Academies in a trust don't hold money on their own: THE LETTA 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 | £2.3m | £2.2m | +£77k | £281k | 288 |
2019-20 | £2.3m | £2.2m | +£62k | £343k | 266 |
2020-21 | £2.1m | £2.1m | +£11k | £355k | 280 |
2021-22 | £2.4m | £2.5m | -£155k | £200k | 310 |
2022-23 | £2.8m | £2.8m | +£77k | £277k | 304 |
2023-24 | £3.0m | £3.0m | -£19k | £258k | 278 |
2024-25 | £2.8m | £164k | +£2.6m | £259k | 271 |
Compared with similar schools
Similar schools are the 30 primary schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 70% of them. It spends £605 a pupil in total; similar schools typically spend £10,498.
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 | £369 | £4,496 | £3,892–£4,920 |
Support staff (e.g. TAs) | £0 | £2,110 | £1,671–£2,754 |
Supply staff | £0 | £388 | £137–£604 |
Admin and clerical | £0 | £591 | £444–£663 |
Premises | £15 | £616 | £529–£765 |
Energy | £0 | £147 | £109–£210 |
Learning resources & ICT | £159 | £326 | £242–£443 |
Bought-in services | £52 | £392 | £224–£751 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Paxton Academy Sports And Science Large reserves
- Swaffield School Tight
- William Morris Primary School Tight
- Haslemere Primary School In deficit
- Forster Park Primary School In deficit
- Links Primary School Tight
- St Francis RC Primary School Large reserves
- Carterhatch Infant School Healthy
- Oldfield Primary School Healthy
- Prior Weston Primary School and Children's Centre In deficit
- Drayton Park Primary School In deficit
- St Mary's CofE Primary School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.7m | £10,085 |
SEN funding (part of grants) | £427k | £1,576 |
Self-generated (lettings, catering, donations) | £80k | £295 |
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?
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 Hermitage Primary School · All Tower Hamlets school finances