The King's School, Grantham: school finances
Large reserves
Holds £749k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Lincolnshire · Secondary · Academy converter.
Academies in a trust don't hold money on their own: THE KING'S SCHOOL 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 | £6.3m | £5.4m | +£898k | £261k | 1,169 |
2019-20 | £6.7m | £6.5m | +£156k | £12k | 1,202 |
2020-21 | £6.5m | £6.1m | +£414k | £443k | 1,209 |
2021-22 | £6.6m | £6.5m | +£145k | £587k | 1,184 |
2022-23 | £6.8m | £6.8m | +£6k | £579k | 1,188 |
2023-24 | £7.6m | £7.6m | +£30k | £525k | 1,200 |
2024-25 | £8.7m | £8.3m | +£385k | £749k | 1,216 |
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 63% of them. It spends £6,836 a pupil in total; similar schools typically spend £7,406.
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 | £3,844 | £4,367 | £4,182–£4,560 |
Support staff (e.g. TAs) | £502 | £516 | £443–£635 |
Supply staff | £0 | £38 | £12–£81 |
Admin and clerical | £450 | £427 | £338–£568 |
Premises | £405 | £366 | £300–£421 |
Energy | £146 | £125 | £107–£134 |
Learning resources & ICT | £706 | £605 | £506–£703 |
Bought-in services | £85 | £75 | £49–£116 |
Compare side by side with the 3 most similar schools
Which schools are these?
- St. Mary's Menston, a Catholic Voluntary Academy In deficit
- Simon Langton Girls' Grammar School Large reserves
- Simon Langton Grammar School for Boys Heading for deficit
- Devonport High School for Boys Heading for deficit
- Parkstone Grammar School Large reserves
- Downlands Community School Heading for deficit
- St Paul's Catholic College Large reserves
- West Kirby Grammar School Large reserves
- Bournemouth School for Girls Heading for deficit
- The Bishop's Stortford High School Large reserves
- Kesteven and Grantham Girls' School In deficit
- Walton High School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £8.2m | £6,711 |
SEN funding (part of grants) | £61k | £50 |
Self-generated (lettings, catering, donations) | £627k | £516 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What are the reserves set aside for, and when will they be spent on current pupils?
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 King's School, Grantham · All Lincolnshire school finances