Schools in Reach

The Charter School Bermondsey: school finances

Large reserves

Holds £306k in reserve, 6% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Southwark · Secondary · Free schools.

Reserve at year end
£306k6% of a year's income
Last year's balance
+£534kincome minus spending
Income per pupil
£11,540
Pupils
472+27% since 2018-19

Academies in a trust don't hold money on their own: THE CHARTER SCHOOLS EDUCATIONAL 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

£0£500k£1.0m2018-19: £478k reserve2018-192019-20: £897k reserve2019-202020-21: £1.1m reserve2020-212021-22: £1.2m reserve2021-222022-23: £1k reserve2022-232023-24: £1k reserve2023-242024-25: £306k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£0£2.0m£4.0mIncomeSpending2018-19: income £4.1m, spending £4.1m2018-192019-20: income £4.4m, spending £4.0m2019-202020-21: income £4.4m, spending £4.3m2020-212021-22: income £4.5m, spending £4.4m2021-222022-23: income £672k, spending £587k2022-232023-24: income £5.0m, spending £5.0m2023-242024-25: income £5.4m, spending £4.9m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£4.1m
£4.1m
-£36k
£478k
373
2019-20
£4.4m
£4.0m
+£417k
£897k
391
2020-21
£4.4m
£4.3m
+£189k
£1.1m
367
2021-22
£4.5m
£4.4m
+£66k
£1.2m
386
2022-23
£672k
£587k
+£85k
£1k
405
2023-24
£5.0m
£5.0m
+£33k
£1k
440
2024-25
£5.4m
£4.9m
+£534k
£306k
472

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 30% of them. It spends £10,409 a pupil in total; similar schools typically spend £10,912.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £5,581 per pupil; similar schools £5,721 (middle half £5,165–£6,402)Teachers£5,581Support staff (e.g. TAs): this school £1,102 per pupil; similar schools £963 (middle half £742–£1,233)Support staff (e.g. TAs)£1,102Supply staff: this school £381 per pupil; similar schools £270 (middle half £152–£460)Supply staff£381Admin and clerical: this school £638 per pupil; similar schools £817 (middle half £602–£937)Admin and clerical£638Premises: this school £477 per pupil; similar schools £736 (middle half £515–£898)Premises£477Energy: this school £182 per pupil; similar schools £265 (middle half £206–£337)Energy£182Learning resources & ICT: this school £597 per pupil; similar schools £573 (middle half £459–£787)Learning resources & ICT£597Bought-in services: this school £430 per pupil; similar schools £192 (middle half £87–£498)Bought-in services£430
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£5,581
£5,721
£5,165–£6,402
Support staff (e.g. TAs)
£1,102
£963
£742–£1,233
Supply staff
£381
£270
£152–£460
Admin and clerical
£638
£817
£602–£937
Premises
£477
£736
£515–£898
Energy
£182
£265
£206–£337
Learning resources & ICT
£597
£573
£459–£787
Bought-in services
£430
£192
£87–£498

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
£5.3m
£11,212
SEN funding (part of grants)
£208k
£441
Self-generated (lettings, catering, donations)
£155k
£328

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 The Charter School Bermondsey · All Southwark school finances