King Edward VI School: school finances
Tight
Holds £64k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2024-25, as a academy (accounts return, September–August). Warwickshire · Secondary · Academy converter.
Academies in a trust don't hold money on their own: THE GRAMMAR SCHOOL OF KING EDWARD VI AT STRATFORD-UPON-AVON 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 | £4.7m | £4.8m | -£139k | £55k | 745 |
2019-20 | £4.8m | £4.7m | +£48k | £62k | 768 |
2020-21 | £5.0m | £4.8m | +£175k | £280k | 776 |
2021-22 | £4.6m | £4.8m | -£252k | £15k | 783 |
2022-23 | £5.3m | £5.4m | -£75k | -£140k | 791 |
2023-24 | £5.9m | £6.1m | -£162k | -£281k | 839 |
2024-25 | £6.5m | £6.2m | +£336k | £64k | 869 |
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 £7,079 a pupil in total; similar schools typically spend £7,234.
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 | £4,268 | £4,230 | £4,037–£4,446 |
Support staff (e.g. TAs) | £291 | £486 | £371–£621 |
Supply staff | £0 | £59 | £21–£97 |
Admin and clerical | £483 | £453 | £383–£588 |
Premises | £467 | £390 | £358–£479 |
Energy | £171 | £139 | £103–£179 |
Learning resources & ICT | £514 | £589 | £431–£792 |
Bought-in services | £161 | £98 | £51–£139 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Stratford Girls' Grammar School Large reserves
- Cranbrook School Tight
- Hockerill Anglo-European College In deficit
- Gordon's School Tight
- Ripon Grammar School Tight
- Newport Girls' High School Academy Large reserves
- Ermysted's Grammar School Large reserves
- Queen Elizabeth Grammar School Penrith In deficit
- Fitzharrys School Healthy
- Ribston Hall High School Large reserves
- Skipton Girls' High School Large reserves
- Valley Gardens Middle School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £5.5m | £6,333 |
SEN funding (part of grants) | £5k | £6 |
Self-generated (lettings, catering, donations) | £1.1m | £1,235 |
Money raised by parents
KING EDWARD VI SCHOOL PARENTS ASSOCIATION CIO (charity 1217638, Registered)
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.
- What would the school do if costs rose unexpectedly, such as energy or a pay award that isn't fully funded?
- Spending on bought-in services is £161 a pupil, against a typical £98 for similar schools. What's behind that?
- How does the school decide what the money the parents' association raises is spent on?
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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