Schools in Reach

Meden School: school finances

Large reserves

Holds £1.4m in reserve, 16% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Nottinghamshire · Secondary · Academy sponsor led.

Reserve at year end
£1.4m16% of a year's income
Last year's balance
+£805kincome minus spending
Income per pupil
£8,239
Pupils
1,067+34% since 2018-19

Academies in a trust don't hold money on their own: NOVA EDUCATION 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

-£500k£0£500k£1.0m2018-19: -£46k reserve2018-192019-20: £80k reserve2019-202020-21: £449k reserve2020-212021-22: £718k reserve2021-222022-23: £891k reserve2022-232023-24: £853k reserve2023-242024-25: £1.4m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£2.0m£4.0m£6.0m£8.0mIncomeSpending2018-19: income £4.3m, spending £4.0m2018-192019-20: income £4.9m, spending £4.5m2019-202020-21: income £5.8m, spending £5.2m2020-212021-22: income £5.9m, spending £5.4m2021-222022-23: income £7.0m, spending £6.5m2022-232023-24: income £8.0m, spending £7.7m2023-242024-25: income £8.8m, spending £8.0m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£4.3m
£4.0m
+£304k
-£46k
798
2019-20
£4.9m
£4.5m
+£400k
£80k
868
2020-21
£5.8m
£5.2m
+£629k
£449k
909
2021-22
£5.9m
£5.4m
+£542k
£718k
969
2022-23
£7.0m
£6.5m
+£486k
£891k
1,030
2023-24
£8.0m
£7.7m
+£310k
£853k
1,075
2024-25
£8.8m
£8.0m
+£805k
£1.4m
1,067

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 83% of them. It spends £7,485 a pupil in total; similar schools typically spend £8,103.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,073 per pupil; similar schools £4,445 (middle half £4,133–£4,944)Teachers£4,073Support staff (e.g. TAs): this school £868 per pupil; similar schools £1,024 (middle half £862–£1,182)Support staff (e.g. TAs)£868Supply staff: this school £227 per pupil; similar schools £164 (middle half £96–£203)Supply staff£227Admin and clerical: this school £337 per pupil; similar schools £424 (middle half £363–£502)Admin and clerical£337Premises: this school £359 per pupil; similar schools £473 (middle half £387–£632)Premises£359Energy: this school £306 per pupil; similar schools £160 (middle half £138–£197)Energy£306Learning resources & ICT: this school £404 per pupil; similar schools £461 (middle half £378–£583)Learning resources & ICT£404Bought-in services: this school £247 per pupil; similar schools £113 (middle half £44–£211)Bought-in services£247
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,073
£4,445
£4,133–£4,944
Support staff (e.g. TAs)
£868
£1,024
£862–£1,182
Supply staff
£227
£164
£96–£203
Admin and clerical
£337
£424
£363–£502
Premises
£359
£473
£387–£632
Energy
£306
£160
£138–£197
Learning resources & ICT
£404
£461
£378–£583
Bought-in services
£247
£113
£44–£211

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£8.8m
£8,256
SEN funding (part of grants)
£98k
£92
Self-generated (lettings, catering, donations)
£50k
£47

Questions to ask the school

Useful for parents, governors and PTA committees.

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 Meden School · All Nottinghamshire school finances