INSPIRATION TRUST: academy finances
18 academies with a full-year return, 0 of them in deficit at their latest return. A trust can move money between its academies, so an academy shown in deficit may be supported by the trust as a whole.
Most of a school's money pays for staff, so deficits usually build up when pay and other costs rise faster than funding, or when pupil numbers fall and the money that comes with each pupil goes too. What helps: a recovery plan agreed with the council or trust that brings the budget back into balance over a few years, regular forecasts that governors check, and early conversations about pupil numbers and special needs funding.
- 2018-19: 0 of 13 academies in deficit
- 2019-20: 0 of 14 academies in deficit
- 2020-21: 0 of 14 academies in deficit
- 2021-22: 0 of 15 academies in deficit
- 2022-23: 0 of 17 academies in deficit
- 2023-24: 0 of 17 academies in deficit
- 2024-25: 0 of 18 academies in deficit
in 2025-26 prices (HM Treasury GDP deflator, October 2026)
In 2023-24 the trust spent £879 per pupil centrally (cash), money that is not counted in its academies' own spending, or £929 in 2025–26 prices. The IFS average for all trusts in 2023-24 was £510 per pupil, in 2025–26 prices (IFS, p.56).
Figures are each school's latest full-year return, total with the per-pupil figure beside it. PTA income is the school's share of its registered parents' association's latest return, in the school year that return falls in. Where no registered parents' association was found, the school may still have one: charities with an income of £5,000 or less need not register.
| School | Status | Reserve | Government funding | Spending | PTA income | PTA per pupil | Donations | Reserve per pupil trend |
|---|---|---|---|---|---|---|---|---|
Heading for deficit | +£61k +£405 per pupil | £1.3m £8,371 per pupil | £1.4m £9,126 per pupil | No registered parents' association found | — | £0 £0 per pupil | ||
Tight | +£9k +£405 per pupil | £393k £17,087 per pupil | £435k £18,913 per pupil | No registered parents' association found | — | £0 £0 per pupil | ||
Healthy | +£363k +£405 per pupil | £8.3m £9,265 per pupil | £7.8m £8,712 per pupil | No registered parents' association found | — | £471k £526 per pupil | ||
Healthy | +£44k +£405 per pupil | £1.1m £9,805 per pupil | £894k £8,316 per pupil | No registered parents' association found | — | £0 £0 per pupil | ||
Healthy | +£198k +£405 per pupil | £4.0m £8,209 per pupil | £5.2m £10,613 per pupil | £20k £40 per pupil | £40 | £11k £22 per pupil | ||
Healthy | +£336k +£405 per pupil | £7.1m £8,541 per pupil | £6.0m £7,280 per pupil | No registered parents' association found | — | £7k £8 per pupil | ||
Healthy | +£264k +£405 per pupil | £5.3m £8,137 per pupil | £5.1m £7,845 per pupil | £167 matched with lower confidence | — | £12k £18 per pupil | ||
Healthy | +£222k +£405 per pupil | £4.5m £8,257 per pupil | £4.4m £7,987 per pupil | Had a registered PTA until 2013 | — | £2k £4 per pupil | ||
Healthy | +£130k +£405 per pupil | £2.6m £7,981 per pupil | £2.4m £7,545 per pupil | Had a registered PTA until 2017 | — | £0 £0 per pupil | ||
Healthy | +£249k +£405 per pupil | £4.9m £7,906 per pupil | £3.9m £6,307 per pupil | No registered parents' association found | — | £1k £2 per pupil | ||
Healthy | +£84k +£405 per pupil | £1.6m £7,570 per pupil | £1.5m £7,101 per pupil | Had a registered PTA until 2012 | — | £0 £0 per pupil | ||
Healthy | +£163k +£405 per pupil | £3.0m £7,582 per pupil | £2.7m £6,637 per pupil | No registered parents' association found | — | £0 £0 per pupil | ||
Healthy | +£180k +£405 per pupil | £2.8m £6,354 per pupil | £3.0m £6,749 per pupil | No registered parents' association found | — | £243k £549 per pupil |
Sources: DfE Financial Benchmarking and Insights Tool data (CFR returns for council-run schools, April to March; academy accounts returns, September to August), Get Information about Schools, DfE section 251 outturn (DSG balances), the Charity Commission register and the IFS annual report on education spending in England 2025–26 (IFS figures in 2025–26 prices, November 2025 deflator). Open Government Licence v3.0. Check at source: DfE benchmarking for this trust. How these figures are worked out