Ark Evelyn Grace Academy: school finances
In deficit
In deficit by £361k, 6% of a year's income: it has spent more over the years than it received.
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: ARK SCHOOLS 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 | £6.7m | £6.4m | +£378k | £1.0m | 664 |
2019-20 | £5.9m | £5.5m | +£344k | £860k | 566 |
2020-21 | £5.6m | £5.3m | +£289k | £715k | 508 |
2021-22 | £5.2m | £4.7m | +£505k | £703k | 474 |
2022-23 | £5.1m | £5.4m | -£313k | £390k | 464 |
2023-24 | £5.3m | £5.6m | -£351k | -£182k | 437 |
2024-25 | £5.8m | £5.6m | +£204k | -£361k | 352 |
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 10% of them. It spends £15,977 a pupil in total; similar schools typically spend £11,689.
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 | £6,835 | £6,278 | £5,637–£6,837 |
Support staff (e.g. TAs) | £957 | £1,026 | £742–£1,248 |
Supply staff | £384 | £304 | £109–£463 |
Admin and clerical | £1,926 | £837 | £607–£1,113 |
Premises | £1,756 | £712 | £468–£965 |
Energy | £500 | £234 | £158–£334 |
Learning resources & ICT | £1,574 | £532 | £380–£736 |
Bought-in services | £0 | £208 | £140–£446 |
Compare side by side with the 3 most similar schools
Which schools are these?
- St Aloysius' College Large reserves
- Waterside Academy Large reserves
- Oasis Academy Arena Large reserves
- Notre Dame Catholic Girls' School Large reserves
- Ark All Saints Academy Large reserves
- Logic Studio School Large reserves
- Meridian High School Large reserves
- The Charter School Bermondsey Large reserves
- All Saints Catholic High School In deficit
- Rokeby School Large reserves
- City Heights E-ACT Academy Large reserves
- Fulham Cross Girls' School and Language College Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £5.1m | £14,452 |
SEN funding (part of grants) | £205k | £582 |
Self-generated (lettings, catering, donations) | £741k | £2,105 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- Is there a deficit recovery plan agreed with its trust, and when does the school expect to be back in balance?
- What has been cut or changed to close the gap, and how does that affect classes and support staff?
- Pupil numbers have fallen 47% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on learning resources & ict is £1,574 a pupil, against a typical £532 for similar schools. What's behind that?
- Spending on premises is £1,756 a pupil, against a typical £712 for similar schools. What's behind that?
- Spending on admin and clerical is £1,926 a pupil, against a typical £837 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 Ark Evelyn Grace Academy · All Lambeth school finances