Schools in Reach

Park Vale Academy: school finances

Large reserves

Holds £1.7m in reserve, 21% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Nottingham · Secondary · Academy sponsor led.

Reserve at year end
£1.7m21% of a year's income
Last year's balance
+£617kincome minus spending
Income per pupil
£8,992
Pupils
902+14% since 2018-19

Academies in a trust don't hold money on their own: REDHILL ACADEMY 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

£0£500k£1.0m£1.5m2018-19: £844k reserve2018-192019-20: £1.3m reserve2019-202020-21: £1.5m reserve2020-212021-22: £1.3m reserve2021-222022-23: £1.4m reserve2022-232023-24: £1.7m reserve2023-242024-25: £1.7m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£5.0m£6.0m£7.0m£8.0mIncomeSpending2018-19: income £5.3m, spending £4.8m2018-192019-20: income £5.7m, spending £4.9m2019-202020-21: income £6.0m, spending £5.5m2020-212021-22: income £6.1m, spending £5.9m2021-222022-23: income £6.7m, spending £6.1m2022-232023-24: income £7.6m, spending £6.8m2023-242024-25: income £8.1m, spending £7.5m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£5.3m
£4.8m
+£510k
£844k
793
2019-20
£5.7m
£4.9m
+£750k
£1.3m
818
2020-21
£6.0m
£5.5m
+£526k
£1.5m
840
2021-22
£6.1m
£5.9m
+£168k
£1.3m
847
2022-23
£6.7m
£6.1m
+£570k
£1.4m
879
2023-24
£7.6m
£6.8m
+£745k
£1.7m
897
2024-25
£8.1m
£7.5m
+£617k
£1.7m
902

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 83% of them. It spends £8,308 a pupil in total; similar schools typically spend £7,975.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £5,406 per pupil; similar schools £4,292 (middle half £4,081–£4,605)Teachers£5,406Support staff (e.g. TAs): this school £1,019 per pupil; similar schools £1,009 (middle half £811–£1,146)Support staff (e.g. TAs)£1,019Supply staff: this school £40 per pupil; similar schools £192 (middle half £75–£307)Supply staff£40Admin and clerical: this school £0 per pupil; similar schools £409 (middle half £357–£497)Admin and clerical£0Premises: this school £151 per pupil; similar schools £439 (middle half £345–£559)Premises£151Energy: this school £101 per pupil; similar schools £166 (middle half £121–£197)Energy£101Learning resources & ICT: this school £780 per pupil; similar schools £450 (middle half £417–£610)Learning resources & ICT£780Bought-in services: this school £30 per pupil; similar schools £76 (middle half £28–£130)Bought-in services£30
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£5,406
£4,292
£4,081–£4,605
Support staff (e.g. TAs)
£1,019
£1,009
£811–£1,146
Supply staff
£40
£192
£75–£307
Admin and clerical
£0
£409
£357–£497
Premises
£151
£439
£345–£559
Energy
£101
£166
£121–£197
Learning resources & ICT
£780
£450
£417–£610
Bought-in services
£30
£76
£28–£130

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
£8.0m
£8,835
SEN funding (part of grants)
£100k
£111
Self-generated (lettings, catering, donations)
£193k
£214

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 Park Vale Academy · All Nottingham school finances