The UCL Academy: school finances
Large reserves
Holds £1.1m in reserve, 8% of a year's income. It has been drawing on it for 3 years.
Latest full year 2024-25, as a academy (accounts return, September–August). Camden · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: THE UCL ACADEMY 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 | £11.1m | £10.0m | +£1.0m | £677k | 1,133 |
2019-20 | £11.9m | £11.2m | +£739k | £1.4m | 1,109 |
2020-21 | £11.5m | £11.3m | +£222k | £1.7m | 1,134 |
2021-22 | £11.9m | £11.5m | +£340k | £1.9m | 1,172 |
2022-23 | £12.5m | £12.8m | -£304k | £1.6m | 1,171 |
2023-24 | £13.7m | £13.9m | -£192k | £1.3m | 1,095 |
2024-25 | £13.2m | £13.4m | -£231k | £1.1m | 1,017 |
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 37% of them. It spends £13,165 a pupil in total; similar schools typically spend £10,360.
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 | £6,400 | £6,040 | £5,045–£6,537 |
Support staff (e.g. TAs) | £1,645 | £862 | £501–£1,325 |
Supply staff | £447 | £144 | £34–£318 |
Admin and clerical | £875 | £718 | £536–£919 |
Premises | £0 | £517 | £420–£752 |
Energy | £0 | £198 | £160–£234 |
Learning resources & ICT | £676 | £584 | £479–£817 |
Bought-in services | £366 | £201 | £51–£316 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Harris Invictus Academy Croydon Large reserves
- St Mark's Church of England Academy Tight
- Sacred Heart Catholic School Large reserves
- Chelsea Academy Large reserves
- Haggerston School Large reserves
- Southfields Academy Large reserves
- Harris Lowe Academy Willesden Large reserves
- Bow School Large reserves
- Hampstead School Heading for deficit
- George Green's School Large reserves
- Springwest Academy Large reserves
- Park View School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £12.8m | £12,615 |
SEN funding (part of grants) | £584k | £574 |
Self-generated (lettings, catering, donations) | £344k | £338 |
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?
- Pupil numbers have fallen 10% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on supply staff is £447 a pupil, against a typical £144 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £1,645 a pupil, against a typical £862 for similar schools. What's behind that?
- Spending on bought-in services is £366 a pupil, against a typical £201 for similar schools. What's behind that?
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 UCL Academy · All Camden school finances