The Lea Valley Academy: school finances
Large reserves
Holds £1.5m in reserve, 15% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Enfield · Secondary · Academy converter.
Academies in a trust don't hold money on their own: EDACT 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 | £8.1m | £8.2m | -£73k | £228k | 1,119 |
2019-20 | £8.2m | £7.4m | +£811k | £651k | 1,013 |
2020-21 | £8.3m | £6.3m | +£2.0m | £0 | 934 |
2021-22 | £8.1m | £6.3m | +£1.9m | £0 | 871 |
2022-23 | £8.2m | £6.4m | +£1.8m | £0 | 855 |
2023-24 | £8.4m | £7.0m | +£1.5m | £0 | 871 |
2024-25 | £9.8m | £7.9m | +£1.9m | £1.5m | 850 |
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 67% of them. It spends £9,341 a pupil in total; similar schools typically spend £10,326.
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 | £4,809 | £5,969 | £5,053–£6,501 |
Support staff (e.g. TAs) | £0 | £828 | £659–£1,072 |
Supply staff | £261 | £144 | £26–£284 |
Admin and clerical | £654 | £709 | £550–£932 |
Premises | £2,820 | £580 | £438–£704 |
Energy | £0 | £197 | £140–£266 |
Learning resources & ICT | £473 | £609 | £468–£819 |
Bought-in services | £134 | £238 | £53–£384 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The Elms Academy Large reserves
- Ark Acton Academy Large reserves
- Harris Academy Bermondsey Large reserves
- London Design and Engineering UTC Healthy
- Saint John Bosco College Large reserves
- Shirley High School Performing Arts College Large reserves
- City of London Academy, Shoreditch Park Tight
- Platanos College Large reserves
- Lilian Baylis Technology School Heading for deficit
- Haberdashers' Borough Academy Large reserves
- Sacred Heart Catholic School Large reserves
- The Archbishop Lanfranc Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.7m | £11,402 |
SEN funding (part of grants) | £64k | £75 |
Self-generated (lettings, catering, donations) | £134k | £158 |
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?
- Pupil numbers have fallen 24% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on premises is £2,820 a pupil, against a typical £580 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 The Lea Valley Academy · All Enfield school finances