Solebay Primary - A Paradigm Academy: school finances
Large reserves
Holds £170k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · Primary · Free schools.
Academies in a trust don't hold money on their own: PARADIGM TRUST 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 | £2.4m | £2.5m | -£40k | £0 | 300 |
2019-20 | £2.2m | £1.9m | +£239k | £0 | 262 |
2020-21 | £2.0m | £2.0m | +£20k | £0 | 231 |
2021-22 | £1.8m | £1.8m | -£15k | £0 | 259 |
2022-23 | £2.2m | £2.0m | +£175k | £0 | 211 |
2023-24 | £2.0m | £1.9m | +£169k | £0 | 187 |
2024-25 | £1.9m | £1.8m | +£143k | £170k | 188 |
Compared with similar schools
Similar schools are the 30 primary 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 73% of them. It spends £9,553 a pupil in total; similar schools typically spend £10,356.
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 | £3,388 | £4,409 | £3,864–£4,815 |
Support staff (e.g. TAs) | £1,234 | £1,946 | £1,577–£2,621 |
Supply staff | £245 | £482 | £219–£896 |
Admin and clerical | £335 | £511 | £413–£637 |
Premises | £957 | £658 | £490–£762 |
Energy | £197 | £156 | £111–£244 |
Learning resources & ICT | £356 | £351 | £262–£416 |
Bought-in services | £1,628 | £480 | £160–£760 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Monks Orchard Primary School Tight
- Tottenhall Infant School Tight
- Holy Trinity and Saint Silas CofE Primary School, NW1 Healthy
- St Monica's Catholic Primary School In deficit
- Coppetts Wood Primary School In deficit
- Holy Trinity CofE Primary School In deficit
- St Luke's Primary School Tight
- St Mary's RC Primary School Large reserves
- St George the Martyr Church of England Primary School In deficit
- St Francis De Sales Catholic Infant School Tight
- Robin Hood Primary and Nursery School In deficit
- Alderbrook Primary School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.9m | £9,904 |
SEN funding (part of grants) | £142k | £755 |
Self-generated (lettings, catering, donations) | £25k | £133 |
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 37% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on bought-in services is £1,628 a pupil, against a typical £480 for similar schools. What's behind that?
- Spending on premises is £957 a pupil, against a typical £658 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.
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