The Five Islands Academy: school finances
In deficit
In deficit by £246k, 7% of a year's income: it has spent more over the years than it received.
Latest full year 2024-25, as a academy (accounts return, September–August). Isles Of Scilly · All-through · Academy sponsor led.
Academies in a trust don't hold money on their own: TRURO & PENWITH 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, 2019-20 to 2024-25
Income and spending, 2019-20 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2019-20 | £2.9m | £2.7m | +£139k | £304k | 259 |
2020-21 | £3.1m | £3.0m | +£113k | £270k | 259 |
2021-22 | £3.0m | £3.1m | -£113k | £125k | 263 |
2022-23 | £3.2m | £3.3m | -£83k | £60k | 263 |
2023-24 | £3.6m | £3.7m | -£54k | -£153k | 248 |
2024-25 | £3.7m | £3.6m | +£65k | -£246k | 251 |
Compared with similar schools
Similar schools are the 30 all-through 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 13% of them. It spends £14,347 a pupil in total; similar schools typically spend £7,218.
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 | £8,235 | £3,938 | £3,560–£4,164 |
Support staff (e.g. TAs) | £968 | £916 | £723–£1,113 |
Supply staff | £0 | £112 | £22–£223 |
Admin and clerical | £618 | £425 | £288–£679 |
Premises | £1,084 | £372 | £313–£466 |
Energy | £271 | £149 | £114–£191 |
Learning resources & ICT | £610 | £478 | £346–£641 |
Bought-in services | £139 | £66 | £31–£114 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Maharishi Free School Large reserves
- St Johns CofE Academy In deficit
- The Steiner Academy Hereford Large reserves
- Oakley School In deficit
- Chetwynde School In deficit
- Heyford Park School In deficit
- Seva School Large reserves
- Dartmouth Academy Healthy
- Matford Brook Academy Healthy
- Europa School UK Large reserves
- Priory Academy Large reserves
- Royal Alexandra and Albert School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.4m | £13,582 |
SEN funding (part of grants) | £120k | £478 |
Self-generated (lettings, catering, donations) | £271k | £1,080 |
Money raised by parents
The Five Islands Academy PTFA (charity 1119793, Registered) raised £2k in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2025-08 | £2k | £586 |
2024-08 | £2k | £2k |
2023-08 | £2k | £2k |
2022-08 | £1k | £3k |
2021-08 | £1k | £788 |
Matched to this school by name and postcode from the Charity Commission register. Parent associations' money isn't in the school's accounts above.
Questions to ask the school
Useful for parents, governors and PTA committees.
- Is there a deficit recovery plan agreed with its trust, and when does the school expect to be back in balance?
- What has been cut or changed to close the gap, and how does that affect classes and support staff?
- Spending on premises is £1,084 a pupil, against a typical £372 for similar schools. What's behind that?
- Spending on bought-in services is £139 a pupil, against a typical £66 for similar schools. What's behind that?
- Spending on teachers is £8,235 a pupil, against a typical £3,938 for similar schools. What's behind that?
- Spending on energy is £271 a pupil, against a typical £149 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 Five Islands Academy · All Isles Of Scilly school finances