PICKWICK ACADEMY TRUST: academy finances
16 academies with a full-year return, 1 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 5 academies in deficit
- 2021-22: 2 of 8 academies in deficit
- 2022-23: 2 of 8 academies in deficit
- 2023-24: 2 of 9 academies in deficit
- 2024-25: 1 of 16 academies in deficit
in 2025-26 prices (HM Treasury GDP deflator, October 2026)
In 2023-24 the trust spent £448 per pupil centrally (cash), money that is not counted in its academies' own spending, or £473 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 |
|---|---|---|---|---|---|---|---|---|
In deficit | -£147k -£1,595 per pupil | £717k £7,793 per pupil | £720k £7,826 per pupil | No registered parents' association found | — | £5k £54 per pupil | ||
Heading for deficit | +£66k +£282 per pupil | £2.0m £8,474 per pupil | £2.0m £8,470 per pupil | £6k £27 per pupil matched with lower confidence | £27 | £1k £4 per pupil | ||
Heading for deficit | +£35k +£607 per pupil | £559k £9,807 per pupil | £563k £9,877 per pupil | £6k | — | £1k £18 per pupil | ||
Healthy | +£96k +£277 per pupil | £2.3m £6,533 per pupil | £2.2m £6,484 per pupil | £10k £30 per pupil | £30 | £11k £32 per pupil | ||
Healthy | +£31k +£688 per pupil | £567k £12,600 per pupil | £542k £12,044 per pupil | No registered parents' association found | — | £1k £22 per pupil | ||
Healthy | +£46k +£379 per pupil | £806k £6,607 per pupil | £792k £6,492 per pupil | No registered parents' association found | — | £1k £8 per pupil | ||
Healthy | +£61k +£366 per pupil | £1.0m £6,186 per pupil | £1.0m £6,102 per pupil | £9k | — | £8k £48 per pupil | ||
Healthy | +£76k +£443 per pupil | £1.1m £6,655 per pupil | £1.1m £6,374 per pupil | £12k £73 per pupil | £73 | £0 £0 per pupil | ||
Healthy | +£188k +£440 per pupil | £2.6m £6,166 per pupil | £2.7m £6,220 per pupil | £17k £40 per pupil | £40 | £14k £33 per pupil | ||
Large reserves | +£112k +£568 per pupil | £1.1m £5,675 per pupil | £553k £2,807 per pupil | £9k | — | £5k £25 per pupil | ||
Large reserves | +£397k +£597 per pupil | £4.1m £6,117 per pupil | £4.1m £6,173 per pupil | £22k | — | £26k £39 per pupil | ||
Large reserves | +£263k +£622 per pupil | £2.7m £6,433 per pupil | £2.7m £6,326 per pupil | £16k £37 per pupil | £37 | £6k £14 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