Chingford Foundation School: school finances
Large reserves
Holds £1.5m in reserve, 12% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Waltham Forest · Secondary · Academy converter.
Academies in a trust don't hold money on their own: CHINGFORD ACADEMIES 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 | £9.9m | £9.8m | +£83k | £1.3m | 1,433 |
2019-20 | £10.0m | £11.2m | -£1.2m | £572k | 1,475 |
2020-21 | £10.3m | £9.9m | +£455k | £1.0m | 1,542 |
2021-22 | £11.1m | £10.7m | +£399k | £1.4m | 1,538 |
2022-23 | £10.8m | £11.2m | -£398k | £1.0m | 1,485 |
2023-24 | £12.3m | £12.0m | +£277k | £1.3m | 1,423 |
2024-25 | £12.8m | £12.6m | +£205k | £1.5m | 1,401 |
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 67% of them. It spends £8,987 a pupil in total; similar schools typically spend £8,352.
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 | £4,827 | £4,920 | £4,761–£5,195 |
Support staff (e.g. TAs) | £1,111 | £671 | £543–£935 |
Supply staff | £522 | £172 | £101–£247 |
Admin and clerical | £642 | £506 | £426–£610 |
Premises | £365 | £448 | £398–£604 |
Energy | £132 | £137 | £115–£174 |
Learning resources & ICT | £546 | £518 | £389–£587 |
Bought-in services | £288 | £150 | £91–£234 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The Charter School East Dulwich Healthy
- Southgate School In deficit
- Swakeleys School for Girls Large reserves
- William Perkin Church of England High School Tight
- Oaks Park High School Large reserves
- Sydenham School Large reserves
- Carshalton High School for Girls Large reserves
- Orion Coopers Large reserves
- Queens Park Community School In deficit
- Valentines High School Heading for deficit
- Lampton Academy Healthy
- All Saints Catholic School and Technology College Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £12.3m | £8,789 |
SEN funding (part of grants) | £878k | £627 |
Self-generated (lettings, catering, donations) | £523k | £373 |
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 supply staff is £522 a pupil, against a typical £172 for similar schools. What's behind that?
- Spending on bought-in services is £288 a pupil, against a typical £150 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £1,111 a pupil, against a typical £671 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 Chingford Foundation School · All Waltham Forest school finances