Canary Wharf College Crossharbour: school finances
Large reserves
Holds £596k in reserve, 10% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · Secondary · Free schools.
Academies in a trust don't hold money on their own: UNIVERSITY SCHOOLS TRUST, EAST LONDON 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 | £1.8m | £1.8m | -£57k | £863k | 160 |
2019-20 | £2.5m | £2.5m | +£63k | £149k | 242 |
2020-21 | £3.6m | £3.1m | +£524k | £661k | 345 |
2021-22 | £4.2m | £3.5m | +£722k | £23k | 404 |
2022-23 | £4.9m | £4.1m | +£763k | £1.0m | 454 |
2023-24 | £5.7m | £4.9m | +£793k | £100k | 484 |
2024-25 | £5.8m | £5.5m | +£289k | £596k | 462 |
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 60% of them. It spends £11,868 a pupil in total; similar schools typically spend £8,827.
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 | £4,281 | £5,022 | £4,781–£5,645 |
Support staff (e.g. TAs) | £1,634 | £798 | £531–£1,027 |
Supply staff | £1,052 | £248 | £60–£324 |
Admin and clerical | £439 | £570 | £491–£817 |
Premises | £900 | £516 | £419–£707 |
Energy | £286 | £172 | £136–£208 |
Learning resources & ICT | £712 | £514 | £412–£791 |
Bought-in services | £67 | £198 | £117–£334 |
Compare side by side with the 3 most similar schools
Which schools are these?
- St Ursula's Convent School Large reserves
- Hewens College In deficit
- London Enterprise Academy Large reserves
- Global Academy Tight
- Hornsey School for Girls In deficit
- Gaynes School Heading for deficit
- St Andrew the Apostle Greek Orthodox School In deficit
- King Solomon High School In deficit
- St Mary's Catholic High School Large reserves
- Eden Girls' School, Waltham Forest Large reserves
- Chessington School Large reserves
- Salvatorian Roman Catholic College In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £5.8m | £12,491 |
SEN funding (part of grants) | £316k | £684 |
Self-generated (lettings, catering, donations) | £31k | £67 |
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 supply staff is £1,052 a pupil, against a typical £248 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £1,634 a pupil, against a typical £798 for similar schools. What's behind that?
- Spending on premises is £900 a pupil, against a typical £516 for similar schools. What's behind that?
- Spending on energy is £286 a pupil, against a typical £172 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 Canary Wharf College Crossharbour · All Tower Hamlets school finances