Old Ford Primary - A Paradigm Academy: school finances
Large reserves
Holds £543k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · Primary · Academy converter.
Academies in a trust don't hold money on their own: PARADIGM 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 | £5.0m | £5.1m | -£113k | £0 | 723 |
2019-20 | £5.1m | £4.8m | +£302k | £0 | 676 |
2020-21 | £5.2m | £4.5m | +£642k | £0 | 651 |
2021-22 | £5.1m | £4.6m | +£545k | £0 | 653 |
2022-23 | £5.3m | £4.7m | +£563k | £0 | 632 |
2023-24 | £5.6m | £5.1m | +£483k | £0 | 623 |
2024-25 | £6.0m | £5.4m | +£597k | £543k | 600 |
Compared with similar schools
Similar schools are the 30 primary 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 60% of them. It spends £9,024 a pupil in total; similar schools typically spend £9,112.
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 | £3,793 | £4,130 | £3,616–£4,536 |
Support staff (e.g. TAs) | £1,073 | £1,623 | £1,339–£1,961 |
Supply staff | £435 | £230 | £56–£409 |
Admin and clerical | £209 | £409 | £288–£538 |
Premises | £1,166 | £467 | £408–£616 |
Energy | £167 | £115 | £102–£150 |
Learning resources & ICT | £240 | £246 | £216–£322 |
Bought-in services | £1,051 | £373 | £187–£821 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Marner Primary School Heading for deficit
- Manorfield Primary School Tight
- The Olive School, Hackney Large reserves
- Dersingham Primary School Tight
- Cardinal Primary School Healthy
- Granton Primary School Large reserves
- Windrush Charlton Primary School Healthy
- Cubitt Town Primary School Large reserves
- Woolmore Primary School Large reserves
- Southern Road Primary School Healthy
- Stepney Park Primary School Large reserves
- Rosetta Primary School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £6.0m | £9,965 |
SEN funding (part of grants) | £399k | £666 |
Self-generated (lettings, catering, donations) | £26k | £43 |
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?
- Pupil numbers have fallen 17% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on bought-in services is £1,051 a pupil, against a typical £373 for similar schools. What's behind that?
- Spending on premises is £1,166 a pupil, against a typical £467 for similar schools. What's behind that?
- Spending on energy is £167 a pupil, against a typical £115 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 Old Ford Primary - A Paradigm Academy · All Tower Hamlets school finances