The Grey Coat Hospital: school finances
Large reserves
Holds £696k in reserve, 7% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Westminster · Secondary · Academy converter.
Academies in a trust don't hold money on their own: THE GREY COAT HOSPITAL 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 | £7.5m | £7.4m | +£120k | £277k | 1,075 |
2019-20 | £7.8m | £7.8m | +£38k | £480k | 1,070 |
2020-21 | £8.3m | £8.0m | +£336k | £606k | 1,100 |
2021-22 | £8.6m | £8.3m | +£266k | £472k | 1,111 |
2022-23 | £9.5m | £9.1m | +£450k | £705k | 1,139 |
2023-24 | £10.0m | £9.9m | +£169k | £760k | 1,131 |
2024-25 | £10.4m | £9.9m | +£501k | £696k | 1,133 |
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 50% of them. It spends £8,733 a pupil in total; similar schools typically spend £9,058.
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 | £5,359 | £5,143 | £4,884–£5,353 |
Support staff (e.g. TAs) | £364 | £863 | £715–£1,107 |
Supply staff | £266 | £126 | £67–£293 |
Admin and clerical | £951 | £549 | £451–£675 |
Premises | £487 | £505 | £396–£608 |
Energy | £239 | £155 | £119–£200 |
Learning resources & ICT | £718 | £528 | £374–£611 |
Bought-in services | £49 | £147 | £84–£331 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Overton Grange School Large reserves
- The Camden School for Girls Large reserves
- Coombe Wood School Large reserves
- Mulberry Academy Woodside Large reserves
- Marshalls Park Academy Large reserves
- Rivers Academy West London In deficit
- Canons High School Large reserves
- Bishop Douglass School Finchley In deficit
- The Norwood School Tight
- Heathcote School & Science College Tight
- Bishop Challoner Catholic School Large reserves
- Lift Richmond Park Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £10.0m | £8,833 |
SEN funding (part of grants) | £242k | £214 |
Self-generated (lettings, catering, donations) | £388k | £342 |
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?
- Spending on admin and clerical is £951 a pupil, against a typical £549 for similar schools. What's behind that?
- Spending on energy is £239 a pupil, against a typical £155 for similar schools. What's behind that?
- Spending on learning resources & ict is £718 a pupil, against a typical £528 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 Grey Coat Hospital · All Westminster school finances