London Academy: school finances
Large reserves
Holds £2.4m in reserve, 16% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Barnet · All-through · Academy sponsor led.
Academies in a trust don't hold money on their own: AIM ACADEMIES 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 | £10.4m | £9.7m | +£727k | £2.0m | 1,551 |
2019-20 | £11.1m | £10.4m | +£687k | £2.2m | 1,603 |
2020-21 | £11.4m | £10.4m | +£1.1m | £0 | 1,655 |
2021-22 | £12.1m | £11.0m | +£1.1m | £0 | 1,716 |
2022-23 | £13.9m | £12.6m | +£1.3m | £2.5m | 1,736 |
2023-24 | £14.3m | £13.6m | +£669k | £0 | 1,729 |
2024-25 | £14.8m | £14.0m | +£815k | £2.4m | 1,740 |
Compared with similar schools
Similar schools are the 30 all-through 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 83% of them. It spends £8,022 a pupil in total; similar schools typically spend £8,846.
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 | £4,170 | £4,884 | £4,400–£5,396 |
Support staff (e.g. TAs) | £147 | £988 | £469–£1,317 |
Supply staff | £758 | £244 | £129–£464 |
Admin and clerical | £671 | £548 | £414–£675 |
Premises | £530 | £479 | £405–£573 |
Energy | £143 | £155 | £127–£201 |
Learning resources & ICT | £540 | £413 | £347–£472 |
Bought-in services | £159 | £143 | £70–£219 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Dunraven School Large reserves
- Alec Reed Academy Large reserves
- Ark John Keats Academy Large reserves
- Harris Garrard Academy Healthy
- Ark Academy Healthy
- Saint Mary Magdalene Church of England All Through School Heading for deficit
- Harris Academy Chobham Large reserves
- Edmonton County School Large reserves
- St Mary Magdalene Academy Large reserves
- St Paul's Way Trust School Large reserves
- Ark Isaac Newton Academy Large reserves
- Harris Academy Tottenham Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £14.4m | £8,279 |
SEN funding (part of grants) | £485k | £279 |
Self-generated (lettings, catering, donations) | £368k | £211 |
Money raised by parents
FRIENDS OF LONDON ACADEMY (charity 1020310, Registered) raised £0 in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2021-08 | £0 | £0 |
Matched to this school by name and postcode from the Charity Commission register. Parent associations' money isn't in the school's accounts above.
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 supply staff is £758 a pupil, against a typical £244 for similar schools. What's behind that?
- Spending on learning resources & ict is £540 a pupil, against a typical £413 for similar schools. What's behind that?
- How does the school decide what the money the parents' association raises is spent on?
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 London Academy · All Barnet school finances