Walthamstow Academy: school finances
Large reserves
Holds £957k in reserve, 10% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Waltham Forest · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: UNITED LEARNING TRUST can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
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 | £7.2m | £7.1m | +£103k | £0 | 1,045 |
2019-20 | £7.4m | £6.9m | +£500k | £0 | 1,050 |
2020-21 | £7.8m | £7.4m | +£453k | £0 | 1,055 |
2021-22 | £8.2m | £8.0m | +£190k | £0 | 1,096 |
2022-23 | £8.9m | £8.1m | +£766k | £0 | 1,092 |
2023-24 | £9.5m | £8.6m | +£854k | £0 | 1,087 |
2024-25 | £9.9m | £9.4m | +£562k | £957k | 1,071 |
Compared with similar schools
Similar schools are the 30 secondary 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 67% of them. It spends £8,739 a pupil in total; similar schools typically spend £10,077.
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 | £4,725 | £5,734 | £5,196–£6,355 |
Support staff (e.g. TAs) | £791 | £906 | £502–£1,319 |
Supply staff | £109 | £175 | £36–£390 |
Admin and clerical | £608 | £647 | £534–£931 |
Premises | £501 | £476 | £326–£581 |
Energy | £193 | £172 | £107–£203 |
Learning resources & ICT | £873 | £529 | £440–£733 |
Bought-in services | £93 | £156 | £78–£307 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Harris Academy Wimbledon Large reserves
- Bacon's College Large reserves
- Raynes Park High School Large reserves
- Central Foundation Boys' School Tight
- Harris Academy South Norwood Large reserves
- Caterham High School Large reserves
- Park View School In deficit
- The Elmgreen School Healthy
- Haberdashers' Crayford Academy Large reserves
- Woolwich Polytechnic School for Girls Large reserves
- Haggerston School Large reserves
- Saint Claudine's Catholic School for Girls Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.4m | £8,751 |
SEN funding (part of grants) | £423k | £395 |
Self-generated (lettings, catering, donations) | £550k | £514 |
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?
- Spending on learning resources & ict is £873 a pupil, against a typical £529 for similar schools. What's behind that?
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 Walthamstow Academy · All Waltham Forest school finances