THE CORNOVII TRUST: academy finances
7 academies with a full-year return. Their reserves add up to £1.6m, including each school's share of the trust's central reserve.
- In deficit 1 (14%)
- Heading for deficit 0 (0%)
- Tight 2 (29%)
- Healthy 1 (14%)
- Large reserves 3 (43%)
A trust can move money between its academies, so a school shown in deficit may be supported by the trust as a whole. The trust-wide figure is the better guide to whether the trust is in difficulty.
Academies, worst first
Tap a column heading to sort.
| School | Status | Reserve | % of income | Years overspending | Pupils since first year |
|---|---|---|---|---|---|
In deficit | -£10k | -1% | — | +1% | |
Tight | £36k | 2% | — | +1% | |
Tight | £218k | 2% | — | +2% | |
Healthy | £81k | 6% | 2 | -4% | |
Large reserves | £150k | 10% | — | -8% | |
Large reserves | £154k | 11% | — | -19% | |
Large reserves | £976k | 8% | — | +9% |