Rushey Mead Academy: school finances
Large reserves
Holds £1.7m in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Leicester · Secondary · Academy converter.
Academies in a trust don't hold money on their own: THE MEAD EDUCATIONAL 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 | £11.1m | £10.1m | +£1.0m | £1.9m | 1,790 |
2019-20 | £11.0m | £9.7m | +£1.2m | £2.3m | 1,789 |
2020-21 | £11.6m | £10.0m | +£1.7m | £1.9m | 1,755 |
2021-22 | £11.6m | £11.0m | +£658k | £1.9m | 1,731 |
2022-23 | £14.4m | £10.2m | +£4.1m | £1.7m | 1,683 |
2023-24 | £16.2m | £15.5m | +£650k | £1.5m | 1,744 |
2024-25 | £18.3m | £15.7m | +£2.7m | £1.7m | 1,782 |
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 57% of them. It spends £8,805 a pupil in total; similar schools typically spend £7,294.
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 | £3,423 | £4,189 | £3,967–£4,399 |
Support staff (e.g. TAs) | £1,058 | £830 | £647–£968 |
Supply staff | £25 | £101 | £45–£140 |
Admin and clerical | £593 | £382 | £281–£461 |
Premises | £472 | £393 | £356–£436 |
Energy | £154 | £135 | £109–£163 |
Learning resources & ICT | £278 | £494 | £354–£589 |
Bought-in services | £1,649 | £85 | £57–£140 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Rastrick High School Large reserves
- Allerton High School Healthy
- Sprowston Community Academy In deficit
- Poole High School Large reserves
- Ossett Academy and Sixth Form College Large reserves
- Allerton Grange School Healthy
- Woodkirk Academy Large reserves
- Chellaston Academy Large reserves
- Whickham School Large reserves
- Trinity School Large reserves
- Archbishop Holgate's School, A Church of England Academy Healthy
- Cleeve School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £14.0m | £7,882 |
SEN funding (part of grants) | £300k | £168 |
Self-generated (lettings, catering, donations) | £4.6m | £2,558 |
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 bought-in services is £1,649 a pupil, against a typical £85 for similar schools. What's behind that?
- Spending on admin and clerical is £593 a pupil, against a typical £382 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 Rushey Mead Academy · All Leicester school finances