Iceni Secondary Academy: school finances
Tight
Holds £104k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2024-25, as a academy (accounts return, September–August). Norfolk · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: ACADEMY TRANSFORMATION 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 | £3.6m | £3.2m | +£344k | -£1.4m | 616 |
2019-20 | £4.0m | £3.5m | +£437k | £0 | 683 |
2020-21 | £4.1m | £3.7m | +£467k | £0 | 719 |
2021-22 | £4.8m | £4.1m | +£703k | £0 | 736 |
2022-23 | £5.0m | £4.9m | +£108k | £0 | 781 |
2023-24 | £7.7m | £5.6m | +£2.1m | £0 | 748 |
2024-25 | £5.4m | £4.9m | +£494k | £104k | 584 |
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 30% of them. It spends £8,353 a pupil in total; similar schools typically spend £7,567.
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 | £4,217 | £4,165 | £4,015–£4,435 |
Support staff (e.g. TAs) | £1,760 | £836 | £571–£1,068 |
Supply staff | £260 | £124 | £49–£206 |
Admin and clerical | £74 | £459 | £377–£581 |
Premises | £577 | £445 | £351–£646 |
Energy | £182 | £137 | £85–£178 |
Learning resources & ICT | £291 | £491 | £401–£632 |
Bought-in services | £327 | £86 | £40–£156 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Lakelands Academy Healthy
- Parkside Middle School In deficit
- Whitstone Large reserves
- Orsett Heath Academy Large reserves
- Holbrook Academy Large reserves
- Wye School Large reserves
- Shipston High School Large reserves
- Marston Vale Middle School Large reserves
- Blessed Robert Sutton Catholic Voluntary Academy In deficit
- Preston Muslim Girls High School Heading for deficit
- St Augustine's Catholic School - a Catholic voluntary academy Healthy
- Ludlow Church of England School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £5.0m | £8,610 |
SEN funding (part of grants) | £240k | £411 |
Self-generated (lettings, catering, donations) | £344k | £589 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What would the school do if costs rose unexpectedly, such as energy or a pay award that isn't fully funded?
- Spending on bought-in services is £327 a pupil, against a typical £86 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £1,760 a pupil, against a typical £836 for similar schools. What's behind that?
- Spending on supply staff is £260 a pupil, against a typical £124 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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