City of London Academy, Shoreditch Park: school finances
Tight
Holds £107k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2024-25, as a academy (accounts return, September–August). Hackney · Secondary · Free schools.
Academies in a trust don't hold money on their own: CITY OF LONDON ACADEMIES 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 | £3.7m | £2.9m | +£755k | £570k | 362 |
2019-20 | £4.6m | £4.3m | +£303k | £696k | 446 |
2020-21 | £5.2m | £5.3m | -£145k | £399k | 526 |
2021-22 | £7.1m | £6.2m | +£931k | £899k | 696 |
2022-23 | £7.7m | £7.7m | -£66k | £704k | 729 |
2023-24 | £8.7m | £8.8m | -£146k | £347k | 782 |
2024-25 | £9.8m | £9.7m | +£115k | £107k | 865 |
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 10% of them. It spends £11,206 a pupil in total; similar schools typically spend £10,653.
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 | £6,208 | £6,082 | £5,283–£6,518 |
Support staff (e.g. TAs) | £874 | £1,055 | £694–£1,350 |
Supply staff | £668 | £145 | £49–£295 |
Admin and clerical | £599 | £659 | £539–£917 |
Premises | £662 | £599 | £489–£947 |
Energy | £317 | £179 | £119–£238 |
Learning resources & ICT | £416 | £620 | £446–£806 |
Bought-in services | £200 | £247 | £80–£338 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Lilian Baylis Technology School Heading for deficit
- Saint John Bosco College Large reserves
- Haberdashers' Borough Academy Large reserves
- Platanos College Large reserves
- Ark Burlington Danes Academy Large reserves
- St Augustine's Federated Schools: CE High School Large reserves
- Harris Academy Battersea Large reserves
- William Ellis School Heading for deficit
- Elizabeth Garrett Anderson School Large reserves
- The Lea Valley Academy Large reserves
- Oaklands School Large reserves
- Langdon Park Community School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.5m | £10,970 |
SEN funding (part of grants) | £339k | £392 |
Self-generated (lettings, catering, donations) | £319k | £369 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What would the school do if costs rose unexpectedly, such as energy or a pay award that isn't fully funded?
- Spending on supply staff is £668 a pupil, against a typical £145 for similar schools. What's behind that?
- Spending on energy is £317 a pupil, against a typical £179 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 City of London Academy, Shoreditch Park · All Hackney school finances