Mulberry UTC: school finances
Large reserves
Holds £923k in reserve, 20% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · Secondary · University technical college.
Academies in a trust don't hold money on their own: MULBERRY SCHOOLS 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 | £1.5m | £736k | +£800k | -£344k | 229 |
2019-20 | £2.6m | £2.3m | +£229k | -£98k | 312 |
2020-21 | £3.3m | £2.8m | +£524k | £506k | 393 |
2021-22 | £3.1m | £3.0m | +£25k | £309k | 366 |
2022-23 | £3.2m | £2.9m | +£254k | £461k | 384 |
2023-24 | £3.9m | £3.7m | +£237k | £525k | 482 |
2024-25 | £4.6m | £4.2m | +£405k | £923k | 510 |
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 87% of them. It spends £8,171 a pupil in total; similar schools typically spend £10,733.
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 | £4,395 | £5,680 | £5,113–£6,242 |
Support staff (e.g. TAs) | £561 | £1,037 | £700–£1,372 |
Supply staff | £31 | £266 | £106–£432 |
Admin and clerical | £516 | £837 | £591–£1,006 |
Premises | £571 | £712 | £479–£872 |
Energy | £179 | £225 | £175–£301 |
Learning resources & ICT | £791 | £587 | £424–£747 |
Bought-in services | £196 | £186 | £101–£488 |
Compare side by side with the 3 most similar schools
Which schools are these?
- La Sainte Union Catholic Secondary School In deficit
- St. Thomas More Language College Large reserves
- London Nautical, City of London Academy Tight
- Lammas School In deficit
- Harris Academy Orpington In deficit
- Thomas More Catholic School Tight
- Newman Catholic College In deficit
- Phoenix Academy Large reserves
- Harris Science Academy East London Large reserves
- AIM Academy North London Large reserves
- Ark Greenwich Free School Large reserves
- Laurel Park School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £4.7m | £9,242 |
SEN funding (part of grants) | £72k | £141 |
Self-generated (lettings, catering, donations) | £14k | £27 |
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?
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 Mulberry UTC · All Tower Hamlets school finances