Schools in Reach

King Edward VI Grammar School, Chelmsford: school finances

Large reserves

Holds £752k in reserve, 9% of a year's income.

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

Reserve at year end
£752k9% of a year's income
Last year's balance
+£106kincome minus spending
Income per pupil
£7,714
Pupils
1,138+3% since 2018-19

Academies in a trust don't hold money on their own: KING EDWARD VI GRAMMAR SCHOOL, CHELMSFORD 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£200k£400k£600k2018-19: £86k reserve2018-192019-20: £209k reserve2019-202020-21: £468k reserve2020-212021-22: £515k reserve2021-222022-23: £535k reserve2022-232023-24: £708k reserve2023-242024-25: £752k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£5.0m£6.0m£7.0m£8.0m£9.0mIncomeSpending2018-19: income £5.9m, spending £5.6m2018-192019-20: income £6.4m, spending £6.2m2019-202020-21: income £6.6m, spending £6.4m2020-212021-22: income £6.8m, spending £6.8m2021-222022-23: income £7.7m, spending £7.5m2022-232023-24: income £8.4m, spending £8.1m2023-242024-25: income £8.8m, spending £8.7m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£5.9m
£5.6m
+£329k
£86k
1,101
2019-20
£6.4m
£6.2m
+£189k
£209k
1,128
2020-21
£6.6m
£6.4m
+£130k
£468k
1,117
2021-22
£6.8m
£6.8m
-£45k
£515k
1,121
2022-23
£7.7m
£7.5m
+£136k
£535k
1,131
2023-24
£8.4m
£8.1m
+£243k
£708k
1,134
2024-25
£8.8m
£8.7m
+£106k
£752k
1,138

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 50% of them. It spends £7,620 a pupil in total; similar schools typically spend £7,211.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,709 per pupil; similar schools £4,242 (middle half £4,100–£4,453)Teachers£4,709Support staff (e.g. TAs): this school £142 per pupil; similar schools £450 (middle half £340–£562)Support staff (e.g. TAs)£142Supply staff: this school £5 per pupil; similar schools £28 (middle half £1–£80)Supply staff£5Admin and clerical: this school £542 per pupil; similar schools £468 (middle half £378–£590)Admin and clerical£542Premises: this school £283 per pupil; similar schools £379 (middle half £329–£445)Premises£283Energy: this school £167 per pupil; similar schools £135 (middle half £110–£162)Energy£167Learning resources & ICT: this school £580 per pupil; similar schools £724 (middle half £616–£913)Learning resources & ICT£580Bought-in services: this school £72 per pupil; similar schools £101 (middle half £42–£141)Bought-in services£72
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,709
£4,242
£4,100–£4,453
Support staff (e.g. TAs)
£142
£450
£340–£562
Supply staff
£5
£28
£1–£80
Admin and clerical
£542
£468
£378–£590
Premises
£283
£379
£329–£445
Energy
£167
£135
£110–£162
Learning resources & ICT
£580
£724
£616–£913
Bought-in services
£72
£101
£42–£141

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
£7.9m
£6,985
SEN funding (part of grants)
£41k
£36
Self-generated (lettings, catering, donations)
£882k
£775

Money raised by parents

KING EDWARD VI GRAMMAR SCHOOL(CHELMSFORD) PARENTS ASSOCIATION (charity 1041650, Registered) raised £21k in its latest year.

Year endingIncomeSpending
2025-08
£21k
£42k
2024-08
£18k
£7k
2023-08
£20k
£12k
2022-08
£11k
£7k
2021-08
£8k
£12k

Matched to this school by name and postcode from the Charity Commission register. Parent associations' money isn't in the school's accounts above.

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 King Edward VI Grammar School, Chelmsford · All Essex school finances