Iwade School: school finances
Large reserves
Holds £1.1m in reserve, 33% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Kent · Primary · Academy converter.
Academies in a trust don't hold money on their own: BOURNE ALLIANCE MULTI ACADEMY 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 | £2.4m | £2.3m | +£156k | £624k | 567 |
2019-20 | £2.7m | £2.5m | +£254k | £751k | 599 |
2020-21 | £3.0m | £2.5m | +£471k | £1.1m | 620 |
2021-22 | £2.7m | £2.8m | -£103k | £841k | 620 |
2022-23 | £3.3m | £2.8m | +£541k | £1.2m | 621 |
2023-24 | £3.4m | £3.3m | +£123k | £1.2m | 628 |
2024-25 | £3.3m | £3.5m | -£140k | £1.1m | 611 |
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 100% of them. It spends £5,704 a pupil in total; similar schools typically spend £6,252.
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 | £2,908 | £3,090 | £2,935–£3,191 |
Support staff (e.g. TAs) | £1,195 | £1,279 | £1,044–£1,512 |
Supply staff | £25 | £102 | £55–£222 |
Admin and clerical | £111 | £271 | £212–£293 |
Premises | £450 | £279 | £225–£333 |
Energy | £80 | £84 | £61–£103 |
Learning resources & ICT | £182 | £288 | £195–£348 |
Bought-in services | £61 | £106 | £41–£201 |
Compare side by side with the 3 most similar schools
Which schools are these?
- West Jesmond Primary School Heading for deficit
- Little Common School Large reserves
- St Matthew's Primary School In deficit
- Berrywood Primary School Healthy
- Bishop Aldhelm's Church of England Primary School Healthy
- St Michael's Church of England Primary School Tight
- Downview Primary School Large reserves
- Clifton With Rawcliffe Primary School Healthy
- Milton Mount Primary School Healthy
- Gilmour Primary School Healthy
- Longfleet Church of England Primary School Tight
- Copplestone Primary School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.5m | £5,782 |
SEN funding (part of grants) | £192k | £314 |
Self-generated (lettings, catering, donations) | £164k | £268 |
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 premises is £450 a pupil, against a typical £279 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 Iwade School · All Kent school finances