The Elms Academy: school finances
Large reserves
Holds £754k in reserve, 8% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Lambeth · 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 | £7.5m | £6.7m | +£844k | £0 | 896 |
2019-20 | £7.7m | £7.3m | +£431k | £0 | 850 |
2020-21 | £7.4m | £7.1m | +£301k | £0 | 808 |
2021-22 | £7.3m | £7.1m | +£189k | £0 | 781 |
2022-23 | £7.7m | £7.7m | +£6k | £0 | 754 |
2023-24 | £8.5m | £8.3m | +£177k | £0 | 813 |
2024-25 | £9.0m | £8.8m | +£172k | £754k | 844 |
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 43% of them. It spends £10,459 a pupil in total; similar schools typically spend £10,252.
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 | £6,191 | £5,597 | £4,956–£6,501 |
Support staff (e.g. TAs) | £818 | £856 | £656–£1,166 |
Supply staff | £52 | £146 | £51–£284 |
Admin and clerical | £877 | £669 | £550–£880 |
Premises | £552 | £549 | £409–£751 |
Energy | £223 | £178 | £115–£261 |
Learning resources & ICT | £802 | £609 | £468–£874 |
Bought-in services | £51 | £225 | £65–£368 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Harris Academy Bermondsey Large reserves
- The Lea Valley Academy Large reserves
- London Design and Engineering UTC Healthy
- Ark Acton Academy Large reserves
- Shirley High School Performing Arts College Large reserves
- The Archbishop Lanfranc Academy Large reserves
- Sacred Heart Catholic School Large reserves
- Ark Blake Academy In deficit
- Mossbourne Victoria Park Academy Large reserves
- Saint John Bosco College Large reserves
- Highbury Fields School Tight
- Royal Greenwich Trust School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £8.7m | £10,321 |
SEN funding (part of grants) | £429k | £508 |
Self-generated (lettings, catering, donations) | £288k | £341 |
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?
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 The Elms Academy · All Lambeth school finances