Schools in Reach

Grace Academy Darlaston: school finances

Large reserves

Holds £625k in reserve, 7% of a year's income. It has been drawing on it for 2 years.

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

Reserve at year end
£625k7% of a year's income
Last year's balance
-£55kincome minus spending
Income per pupil
£8,426
Pupils
1,071+23% since 2018-19

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

£0£250k£500k£750k2018-19: £83k reserve2018-192019-20: £367k reserve2019-202020-21: £752k reserve2020-212021-22: £954k reserve2021-222022-23: £935k reserve2022-232023-24: £524k reserve2023-242024-25: £625k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£6.0m£8.0mIncomeSpending2018-19: income £5.5m, spending £5.4m2018-192019-20: income £6.0m, spending £5.7m2019-202020-21: income £6.6m, spending £6.1m2020-212021-22: income £7.1m, spending £6.7m2021-222022-23: income £7.7m, spending £7.7m2022-232023-24: income £8.5m, spending £8.6m2023-242024-25: income £9.0m, spending £9.1m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£5.5m
£5.4m
+£88k
£83k
868
2019-20
£6.0m
£5.7m
+£308k
£367k
886
2020-21
£6.6m
£6.1m
+£468k
£752k
934
2021-22
£7.1m
£6.7m
+£329k
£954k
984
2022-23
£7.7m
£7.7m
+£35k
£935k
984
2023-24
£8.5m
£8.6m
-£147k
£524k
1,028
2024-25
£9.0m
£9.1m
-£55k
£625k
1,071

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 20% of them. It spends £8,477 a pupil in total; similar schools typically spend £8,163.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,797 per pupil; similar schools £4,227 (middle half £4,014–£4,805)Teachers£4,797Support staff (e.g. TAs): this school £1,377 per pupil; similar schools £1,040 (middle half £796–£1,256)Support staff (e.g. TAs)£1,377Supply staff: this school £183 per pupil; similar schools £209 (middle half £152–£340)Supply staff£183Admin and clerical: this school £387 per pupil; similar schools £448 (middle half £336–£594)Admin and clerical£387Premises: this school £333 per pupil; similar schools £455 (middle half £326–£646)Premises£333Energy: this school £182 per pupil; similar schools £179 (middle half £127–£228)Energy£182Learning resources & ICT: this school £548 per pupil; similar schools £472 (middle half £411–£670)Learning resources & ICT£548Bought-in services: this school £50 per pupil; similar schools £120 (middle half £63–£229)Bought-in services£50
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,797
£4,227
£4,014–£4,805
Support staff (e.g. TAs)
£1,377
£1,040
£796–£1,256
Supply staff
£183
£209
£152–£340
Admin and clerical
£387
£448
£336–£594
Premises
£333
£455
£326–£646
Energy
£182
£179
£127–£228
Learning resources & ICT
£548
£472
£411–£670
Bought-in services
£50
£120
£63–£229

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
£9.0m
£8,378
SEN funding (part of grants)
£340k
£317
Self-generated (lettings, catering, donations)
£157k
£147

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 Grace Academy Darlaston · All Walsall school finances