The Ferrars Academy: school finances
Large reserves
Holds £315k in reserve, 15% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Luton · Primary · Academy converter.
Academies in a trust don't hold money on their own: PIONEER LEARNING 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 | £1.5m | £1.6m | -£23k | £370k | 278 |
2019-20 | £1.6m | £1.7m | -£100k | £279k | 284 |
2020-21 | £1.6m | £1.5m | +£86k | £341k | 280 |
2021-22 | £1.7m | £1.6m | +£67k | £360k | 307 |
2022-23 | £1.7m | £1.8m | -£94k | £200k | 318 |
2023-24 | £2.1m | £343k | +£1.8m | £259k | 314 |
2024-25 | £2.1m | £2.0m | +£68k | £315k | 288 |
Compared with similar schools
Similar schools are the 30 primary 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 80% of them. It spends £7,111 a pupil in total; similar schools typically spend £6,507.
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 | £2,444 | £3,126 | £2,825–£3,397 |
Support staff (e.g. TAs) | £2,118 | £1,321 | £1,106–£1,624 |
Supply staff | £156 | £106 | £51–£183 |
Admin and clerical | £653 | £310 | £258–£408 |
Premises | £236 | £322 | £274–£389 |
Energy | £101 | £95 | £72–£127 |
Learning resources & ICT | £194 | £248 | £186–£350 |
Bought-in services | £115 | £125 | £45–£236 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Fitzmaurice Primary School Healthy
- St Joseph's Catholic Academy Large reserves
- The Oaks Infant School In deficit
- St Anne's Church of England Primary School In deficit
- Cosby Primary School Large reserves
- Ilchester Community School Healthy
- Verwood Church of England First School Healthy
- St Thomas More Catholic Primary School Large reserves
- Our Lady Queen of Peace Catholic Primary School, Penshaw In deficit
- Barrs Court Primary School Heading for deficit
- Woodley CofE Primary School Tight
- St John's Catholic Primary School, Trowbridge Tight
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.1m | £7,153 |
Self-generated (lettings, catering, donations) | £71k | £247 |
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 £653 a pupil, against a typical £310 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £2,118 a pupil, against a typical £1,321 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 Ferrars Academy · All Luton school finances