New Waltham Academy: school finances
Large reserves
Holds £646k in reserve, 29% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). North East Lincolnshire · Primary · Academy converter.
Academies in a trust don't hold money on their own: NEW WALTHAM PRIMARY ACADEMY LIMITED 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 | £1.6m | £1.5m | +£116k | £415k | 366 |
2019-20 | £1.7m | £1.6m | +£98k | £512k | 371 |
2020-21 | £1.7m | £1.7m | -£26k | £485k | 354 |
2021-22 | £1.8m | £1.8m | +£31k | £516k | 356 |
2022-23 | £2.0m | £1.9m | +£68k | £585k | 351 |
2023-24 | £2.1m | £2.0m | +£37k | £620k | 366 |
2024-25 | £2.2m | £2.2m | +£23k | £646k | 368 |
Compared with similar schools
Similar schools are the 30 primary 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 100% of them. It spends £5,997 a pupil in total; similar schools typically spend £6,555.
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 | £2,951 | £3,068 | £2,850–£3,340 |
Support staff (e.g. TAs) | £1,174 | £1,304 | £1,102–£1,618 |
Supply staff | £68 | £78 | £23–£196 |
Admin and clerical | £372 | £308 | £255–£388 |
Premises | £242 | £330 | £291–£415 |
Energy | £87 | £95 | £84–£133 |
Learning resources & ICT | £310 | £293 | £236–£336 |
Bought-in services | £185 | £121 | £67–£244 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Newton Primary School Heading for deficit
- Beckstone Primary School Healthy
- Stokenchurch Primary School In deficit
- Kempshott Junior School Heading for deficit
- Crosshall Junior School In deficit
- Mereside Church of England Primary Academy In deficit
- Flanderwell Primary School Large reserves
- Redbourn Primary School Heading for deficit
- Farndon Fields Primary School Large reserves
- Bracebridge Heath St John's Primary Academy Large reserves
- Chennestone Primary School Healthy
- Oundle Church of England Primary School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.1m | £5,753 |
SEN funding (part of grants) | £109k | £296 |
Self-generated (lettings, catering, donations) | £113k | £307 |
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 New Waltham Academy · All North East Lincolnshire school finances