Schools in Reach

Towers School and Sixth Form Centre: school finances

Large reserves

Holds £1.3m in reserve, 11% of a year's income.

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

Reserve at year end
£1.3m11% of a year's income
Last year's balance
+£367kincome minus spending
Income per pupil
£7,516
Pupils
1,561+44% since 2018-19

Academies in a trust don't hold money on their own: TOWERS SCHOOL ACADEMY 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£500k£1.0m2018-19: £258k reserve2018-192019-20: £382k reserve2019-202020-21: £590k reserve2020-212021-22: £797k reserve2021-222022-23: £894k reserve2022-232023-24: £902k reserve2023-242024-25: £1.3m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£6.0m£8.0m£10.0m£12.0mIncomeSpending2018-19: income £5.9m, spending £6.0m2018-192019-20: income £6.6m, spending £6.5m2019-202020-21: income £7.5m, spending £7.3m2020-212021-22: income £8.0m, spending £7.8m2021-222022-23: income £9.4m, spending £9.3m2022-232023-24: income £10.6m, spending £10.6m2023-242024-25: income £11.7m, spending £11.4m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£5.9m
£6.0m
-£66k
£258k
1,082
2019-20
£6.6m
£6.5m
+£124k
£382k
1,156
2020-21
£7.5m
£7.3m
+£208k
£590k
1,291
2021-22
£8.0m
£7.8m
+£207k
£797k
1,394
2022-23
£9.4m
£9.3m
+£97k
£894k
1,460
2023-24
£10.6m
£10.6m
+£8k
£902k
1,529
2024-25
£11.7m
£11.4m
+£367k
£1.3m
1,561

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 70% of them. It spends £7,281 a pupil in total; similar schools typically spend £7,887.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,471 per pupil; similar schools £4,384 (middle half £4,138–£4,706)Teachers£4,471Support staff (e.g. TAs): this school £757 per pupil; similar schools £911 (middle half £706–£1,066)Support staff (e.g. TAs)£757Supply staff: this school £27 per pupil; similar schools £130 (middle half £58–£244)Supply staff£27Admin and clerical: this school £582 per pupil; similar schools £438 (middle half £294–£549)Admin and clerical£582Premises: this school £382 per pupil; similar schools £448 (middle half £334–£901)Premises£382Energy: this school £134 per pupil; similar schools £139 (middle half £90–£156)Energy£134Learning resources & ICT: this school £260 per pupil; similar schools £463 (middle half £388–£629)Learning resources & ICT£260Bought-in services: this school £161 per pupil; similar schools £137 (middle half £38–£186)Bought-in services£161
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,471
£4,384
£4,138–£4,706
Support staff (e.g. TAs)
£757
£911
£706–£1,066
Supply staff
£27
£130
£58–£244
Admin and clerical
£582
£438
£294–£549
Premises
£382
£448
£334–£901
Energy
£134
£139
£90–£156
Learning resources & ICT
£260
£463
£388–£629
Bought-in services
£161
£137
£38–£186

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
£11.6m
£7,441
Self-generated (lettings, catering, donations)
£280k
£179

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.

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