Schools in Reach

The City Academy, Hackney: school finances

Large reserves

Holds £1.6m in reserve, 13% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Hackney · Secondary · Academy sponsor led.

Reserve at year end
£1.6m13% of a year's income
Last year's balance
+£218kincome minus spending
Income per pupil
£10,808
Pupils
1,154+2% since 2018-19

Academies in a trust don't hold money on their own: CITY OF LONDON 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

£0£1.0m£2.0m2018-19: £534k reserve2018-192019-20: £622k reserve2019-202020-21: £1.5m reserve2020-212021-22: £1.7m reserve2021-222022-23: £2.2m reserve2022-232023-24: £2.1m reserve2023-242024-25: £1.6m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£9.0m£10.0m£11.0m£12.0mIncomeSpending2018-19: income £10.0m, spending £9.8m2018-192019-20: income £10.0m, spending £9.8m2019-202020-21: income £10.7m, spending £9.7m2020-212021-22: income £11.1m, spending £10.3m2021-222022-23: income £11.8m, spending £11.0m2022-232023-24: income £12.1m, spending £12.0m2023-242024-25: income £12.5m, spending £12.3m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£10.0m
£9.8m
+£233k
£534k
1,133
2019-20
£10.0m
£9.8m
+£206k
£622k
1,150
2020-21
£10.7m
£9.7m
+£1.0m
£1.5m
1,157
2021-22
£11.1m
£10.3m
+£850k
£1.7m
1,152
2022-23
£11.8m
£11.0m
+£757k
£2.2m
1,138
2023-24
£12.1m
£12.0m
+£126k
£2.1m
1,145
2024-25
£12.5m
£12.3m
+£218k
£1.6m
1,154

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 £10,620 a pupil in total; similar schools typically spend £10,798.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £6,249 per pupil; similar schools £5,884 (middle half £5,476–£6,365)Teachers£6,249Support staff (e.g. TAs): this school £1,329 per pupil; similar schools £862 (middle half £608–£1,221)Support staff (e.g. TAs)£1,329Supply staff: this school £64 per pupil; similar schools £250 (middle half £39–£347)Supply staff£64Admin and clerical: this school £487 per pupil; similar schools £708 (middle half £579–£832)Admin and clerical£487Premises: this school £578 per pupil; similar schools £611 (middle half £448–£1,143)Premises£578Energy: this school £247 per pupil; similar schools £182 (middle half £120–£236)Energy£247Learning resources & ICT: this school £575 per pupil; similar schools £485 (middle half £397–£700)Learning resources & ICT£575Bought-in services: this school £133 per pupil; similar schools £239 (middle half £132–£336)Bought-in services£133
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£6,249
£5,884
£5,476–£6,365
Support staff (e.g. TAs)
£1,329
£862
£608–£1,221
Supply staff
£64
£250
£39–£347
Admin and clerical
£487
£708
£579–£832
Premises
£578
£611
£448–£1,143
Energy
£247
£182
£120–£236
Learning resources & ICT
£575
£485
£397–£700
Bought-in services
£133
£239
£132–£336

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£12.1m
£10,498
SEN funding (part of grants)
£345k
£299
Self-generated (lettings, catering, donations)
£358k
£310

Questions to ask the school

Useful for parents, governors and PTA committees.

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 City Academy, Hackney · All Hackney school finances