KINGFISHER SCHOOLS TRUST: academy finances
7 academies with a full-year return, 2 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.
- 2020-21: 1 of 6 academies in deficit
- 2021-22: 1 of 6 academies in deficit
- 2022-23: 1 of 7 academies in deficit
- 2023-24: 2 of 7 academies in deficit
- 2024-25: 2 of 7 academies in deficit
in 2025-26 prices (HM Treasury GDP deflator, October 2026)
In 2022-23 the trust spent £352 per pupil centrally (cash), money that is not counted in its academies' own spending, or £389 in 2025–26 prices. The IFS average for all trusts in 2023-24 was £510 per pupil, in 2025–26 prices (IFS, p.56); the trust's figure above is for 2022-23, so the two are for different years.
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 |
|---|---|---|---|---|---|---|---|---|
In deficit | -£201k -£298 per pupil | £5.4m £7,961 per pupil | £5.1m £7,515 per pupil | £0 £0 per pupil | £0 | £3k £4 per pupil | ||
In deficit | -£86k -£204 per pupil | £3.5m £8,414 per pupil | £3.4m £8,136 per pupil | No registered parents' association found | — | £2k £5 per pupil | ||
Tight | +£13k +£66 per pupil | £1.7m £8,249 per pupil | £1.6m £8,050 per pupil | No registered parents' association found | — | £17k £85 per pupil | ||
Healthy | +£395k +£274 per pupil | £10.0m £6,972 per pupil | £10.0m £6,923 per pupil | No registered parents' association found | — | £3k £2 per pupil | ||
Healthy | +£290k +£323 per pupil | £6.5m £7,264 per pupil | £6.4m £7,158 per pupil | Had a registered PTA until 2011 | — | £38k £42 per pupil | ||
Healthy | +£74k +£972 per pupil | £734k £9,658 per pupil | £4.3m £56,184 per pupil | £2k | — | £2k £26 per pupil | ||
Large reserves | +£429k +£1,039 per pupil | £3.0m £7,247 per pupil | £2.8m £6,736 per pupil | £4k | — | £2k £5 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