Grace Academy Coventry: school finances
Large reserves
Holds £2.1m in reserve, 26% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Coventry · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: TOVE 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 | £4.1m | £4.2m | -£19k | £50k | 612 |
2019-20 | £4.3m | £4.0m | +£320k | £464k | 677 |
2020-21 | £4.8m | £4.7m | +£193k | £551k | 732 |
2021-22 | £5.2m | £5.0m | +£279k | £615k | 843 |
2022-23 | £6.4m | £6.0m | +£434k | £936k | 894 |
2023-24 | £7.3m | £5.9m | +£1.3m | £1.3m | 993 |
2024-25 | £8.0m | £7.3m | +£694k | £2.1m | 1,023 |
Compared with similar schools
Similar schools are the 30 secondary schools outside London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 93% of them. It spends £7,174 a pupil in total; similar schools typically spend £8,223.
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 | £4,335 | £4,498 | £4,286–£4,827 |
Support staff (e.g. TAs) | £697 | £933 | £714–£1,114 |
Supply staff | £75 | £141 | £63–£283 |
Admin and clerical | £330 | £391 | £360–£487 |
Premises | £386 | £453 | £377–£601 |
Energy | £269 | £188 | £121–£236 |
Learning resources & ICT | £432 | £501 | £416–£609 |
Bought-in services | £105 | £116 | £42–£205 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The Grangefield Academy Large reserves
- Barr's Hill School Healthy
- Morecambe Bay Academy Large reserves
- Holly Lodge Girls' College In deficit
- Netherthorpe School Tight
- Marine Academy Plymouth Large reserves
- Blackburn Central High School Large reserves
- Our Lady's RC High School Large reserves
- Coppice Performing Arts School Large reserves
- The Winsford Academy Large reserves
- Lea Manor High School Large reserves
- Wednesfield Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £8.1m | £7,954 |
SEN funding (part of grants) | £112k | £109 |
Self-generated (lettings, catering, donations) | £155k | £152 |
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 energy is £269 a pupil, against a typical £188 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 Grace Academy Coventry · All Coventry school finances