Schools in Reach

The Khalsa Academy Wolverhampton: school finances

Large reserves

Holds £1.3m in reserve, 19% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Wolverhampton · Secondary · Free schools.

Reserve at year end
£1.3m19% of a year's income
Last year's balance
+£492kincome minus spending
Income per pupil
£8,409
Pupils
771+66% since 2018-19

Academies in a trust don't hold money on their own: ONE MULTI ACADEMIES TRUST LIMITED 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

£0£500k£1.0m£1.5m2018-19: £450k reserve2018-192019-20: £1.2m reserve2019-202020-21: £1.7m reserve2020-212021-22: £1.1m reserve2021-222022-23: £1.3m reserve2022-232023-24: £1.2m reserve2023-242024-25: £1.3m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£2.0m£4.0m£6.0mIncomeSpending2018-19: income £2.7m, spending £2.3m2018-192019-20: income £4.0m, spending £3.0m2019-202020-21: income £4.6m, spending £3.5m2020-212021-22: income £5.0m, spending £4.4m2021-222022-23: income £5.4m, spending £4.9m2022-232023-24: income £5.9m, spending £5.6m2023-242024-25: income £6.5m, spending £6.0m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£2.7m
£2.3m
+£381k
£450k
465
2019-20
£4.0m
£3.0m
+£954k
£1.2m
618
2020-21
£4.6m
£3.5m
+£1.0m
£1.7m
686
2021-22
£5.0m
£4.4m
+£601k
£1.1m
753
2022-23
£5.4m
£4.9m
+£546k
£1.3m
767
2023-24
£5.9m
£5.6m
+£298k
£1.2m
789
2024-25
£6.5m
£6.0m
+£492k
£1.3m
771

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 97% of them. It spends £7,770 a pupil in total; similar schools typically spend £8,177.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £3,577 per pupil; similar schools £4,489 (middle half £3,905–£5,119)Teachers£3,577Support staff (e.g. TAs): this school £428 per pupil; similar schools £962 (middle half £713–£1,165)Support staff (e.g. TAs)£428Supply staff: this school £132 per pupil; similar schools £230 (middle half £110–£339)Supply staff£132Admin and clerical: this school £1,839 per pupil; similar schools £413 (middle half £277–£638)Admin and clerical£1,839Premises: this school £450 per pupil; similar schools £439 (middle half £383–£695)Premises£450Energy: this school £245 per pupil; similar schools £181 (middle half £133–£225)Energy£245Learning resources & ICT: this school £486 per pupil; similar schools £441 (middle half £365–£612)Learning resources & ICT£486Bought-in services: this school £93 per pupil; similar schools £111 (middle half £25–£294)Bought-in services£93
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£3,577
£4,489
£3,905–£5,119
Support staff (e.g. TAs)
£428
£962
£713–£1,165
Supply staff
£132
£230
£110–£339
Admin and clerical
£1,839
£413
£277–£638
Premises
£450
£439
£383–£695
Energy
£245
£181
£133–£225
Learning resources & ICT
£486
£441
£365–£612
Bought-in services
£93
£111
£25–£294

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£6.3m
£8,231
SEN funding (part of grants)
£59k
£77
Self-generated (lettings, catering, donations)
£179k
£232

Questions to ask the school

Useful for parents, governors and PTA committees.

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 Khalsa Academy Wolverhampton · All Wolverhampton school finances