IKB Academy: school finances
Healthy
Holds £44k in reserve, 3% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Bath and North East Somerset · Secondary · Studio schools.
Academies in a trust don't hold money on their own: FUTURA LEARNING PARTNERSHIP 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 | £1.0m | £1.2m | -£170k | £19k | 165 |
2019-20 | £1.1m | £1.0m | +£43k | -£37k | 167 |
2020-21 | £1.2m | £1.0m | +£177k | £79k | 182 |
2021-22 | £1.3m | £1.1m | +£196k | £0 | 163 |
2022-23 | £1.3m | £1.2m | +£138k | £0 | 146 |
2023-24 | £1.3m | £1.2m | +£131k | £0 | 142 |
2024-25 | £1.3m | £1.3m | -£21k | £44k | 135 |
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 67% of them. It spends £9,652 a pupil in total; similar schools typically spend £9,086.
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 | £5,859 | £4,728 | £4,043–£5,612 |
Support staff (e.g. TAs) | £1,000 | £872 | £740–£1,165 |
Supply staff | £15 | £187 | £20–£314 |
Admin and clerical | £830 | £531 | £395–£784 |
Premises | £422 | £538 | £331–£706 |
Energy | £178 | £215 | £135–£341 |
Learning resources & ICT | £719 | £474 | £322–£742 |
Bought-in services | £163 | £178 | £59–£335 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Somerset Studio School In deficit
- Futures Institute Banbury In deficit
- Monkseaton High School In deficit
- Leeds Jewish Free School Large reserves
- Bilbrook CofE (VC) Middle School Large reserves
- Solway Community School In deficit
- UTC Swindon In deficit
- Blackminster Middle School In deficit
- Samuel King's School In deficit
- St Joseph's Catholic Middle School, Hexham In deficit
- River Academy Healthy
- Beacon Hill Community School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.3m | £9,267 |
SEN funding (part of grants) | £58k | £430 |
Self-generated (lettings, catering, donations) | £31k | £230 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- Pupil numbers have fallen 18% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
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 IKB Academy · All Bath and North East Somerset school finances