Harris Invictus Academy Croydon: school finances
Large reserves
Holds £641k in reserve, 7% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Croydon · Secondary · Free schools.
Academies in a trust don't hold money on their own: HARRIS FEDERATION 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 | £5.6m | £5.0m | +£549k | £4k | 845 |
2019-20 | £5.9m | £5.9m | -£5k | £4k | 892 |
2020-21 | £6.4m | £6.2m | +£255k | £4k | 905 |
2021-22 | £6.7m | £6.3m | +£394k | £33k | 916 |
2022-23 | £7.8m | £6.9m | +£819k | £40k | 992 |
2023-24 | £8.9m | £8.1m | +£761k | £210k | 1,013 |
2024-25 | £9.7m | £9.3m | +£381k | £641k | 988 |
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 23% of them. It spends £9,397 a pupil in total; similar schools typically spend £10,541.
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 | £5,381 | £6,052 | £5,036–£6,479 |
Support staff (e.g. TAs) | £415 | £919 | £581–£1,294 |
Supply staff | £1 | £155 | £49–£303 |
Admin and clerical | £1,525 | £698 | £537–£853 |
Premises | £411 | £546 | £438–£884 |
Energy | £213 | £189 | £107–£226 |
Learning resources & ICT | £607 | £598 | £480–£817 |
Bought-in services | £273 | £201 | £65–£357 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The UCL Academy Large reserves
- Sacred Heart Catholic School Large reserves
- St Mark's Church of England Academy Tight
- Southfields Academy Large reserves
- Harris Lowe Academy Willesden Large reserves
- Hampstead School Heading for deficit
- Harris Academy Bermondsey Large reserves
- Chelsea Academy Large reserves
- Springwest Academy Large reserves
- The Elms Academy Large reserves
- Haggerston School Large reserves
- The Archbishop Lanfranc Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.5m | £9,582 |
SEN funding (part of grants) | £416k | £421 |
Self-generated (lettings, catering, donations) | £198k | £200 |
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 £1,525 a pupil, against a typical £698 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 Harris Invictus Academy Croydon · All Croydon school finances