The Oakwood Academy: school finances
Large reserves
Holds £1.0m in reserve, 13% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Nottingham · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: REDHILL 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 | £5.6m | £4.8m | +£737k | £559k | 687 |
2019-20 | £5.7m | £5.1m | +£589k | £863k | 728 |
2020-21 | £6.1m | £5.4m | +£702k | £1.3m | 735 |
2021-22 | £6.3m | £6.2m | +£117k | £1.1m | 749 |
2022-23 | £7.0m | £6.7m | +£255k | £1.0m | 734 |
2023-24 | £7.5m | £7.1m | +£358k | £997k | 757 |
2024-25 | £8.1m | £7.6m | +£493k | £1.0m | 748 |
Compared with similar schools
Similar schools are the 30 secondary 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 87% of them. It spends £10,201 a pupil in total; similar schools typically spend £8,120.
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 | £6,154 | £4,391 | £3,858–£5,119 |
Support staff (e.g. TAs) | £811 | £962 | £660–£1,247 |
Supply staff | £40 | £247 | £128–£404 |
Admin and clerical | £0 | £478 | £347–£638 |
Premises | £1,749 | £455 | £386–£642 |
Energy | £190 | £197 | £140–£242 |
Learning resources & ICT | £652 | £471 | £378–£595 |
Bought-in services | £45 | £120 | £42–£189 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Bolton Muslim Girls School Large reserves
- The Khalsa Academy Wolverhampton Large reserves
- Sir John Hunt Community Sports College Heading for deficit
- The Brian Clarke Church of England Academy Large reserves
- De Warenne Academy Large reserves
- The Dukeries Academy Tight
- Bridgemary School Large reserves
- Stoke High School - Ormiston Academy Large reserves
- Prince Albert High School Large reserves
- York High School Tight
- Our Lady Queen of Peace Catholic High School Large reserves
- The Turing School Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £7.8m | £10,412 |
SEN funding (part of grants) | £110k | £147 |
Self-generated (lettings, catering, donations) | £382k | £511 |
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 £1,749 a pupil, against a typical £455 for similar schools. What's behind that?
- Spending on teachers is £6,154 a pupil, against a typical £4,391 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 Oakwood Academy · All Nottingham school finances