Folkestone Academy: school finances
Tight
Holds £177k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2023-24, as a academy (accounts return, September–August). Kent · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: TURNER SCHOOLS can move money between its schools. The DfE doesn't publish this school's share of the trust's central reserve for this year, so the reserve shown is the school's own.
Reserve at the end of each year, 2018-19 to 2023-24
Income and spending, 2018-19 to 2023-24
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £12.1m | £9.9m | +£2.2m | £88k | 1,924 |
2019-20 | £11.1m | £9.9m | +£1.2m | £25k | 1,820 |
2020-21 | £8.9m | £7.3m | +£1.6m | £499k | 1,207 |
2021-22 | £8.5m | £7.5m | +£975k | £532k | 1,135 |
2022-23 | £8.5m | £7.8m | +£746k | £181k | 1,080 |
2023-24 | £8.8m | £8.1m | +£669k | £177k | 1,046 |
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 3% of them. It spends £7,731 a pupil in total; similar schools typically spend £8,565.
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 | £3,925 | £4,413 | £4,035–£4,805 |
Support staff (e.g. TAs) | £1,029 | £1,155 | £890–£1,364 |
Supply staff | £220 | £267 | £169–£454 |
Admin and clerical | £453 | £467 | £386–£596 |
Premises | £524 | £459 | £348–£663 |
Energy | £291 | £169 | £108–£194 |
Learning resources & ICT | £511 | £524 | £422–£714 |
Bought-in services | £129 | £118 | £55–£197 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Levenshulme High School Large reserves
- The Hathershaw College Tight
- The Bulwell Academy Large reserves
- Moseley Park Large reserves
- King Edward VI Handsworth Wood Girls' Academy Large reserves
- Oasis Academy MediaCityUK Large reserves
- Grace Academy Darlaston Large reserves
- Manor Community Academy Large reserves
- The Herewoode Academy Large reserves
- Heworth Grange School Large reserves
- Trinity Academy Grammar Large reserves
- Co-op Academy Bebington Healthy
Where the money comes from, 2023-24
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £8.6m | £8,266 |
SEN funding (part of grants) | £55k | £53 |
Self-generated (lettings, catering, donations) | £110k | £105 |
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?
- Pupil numbers have fallen 46% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on energy is £291 a pupil, against a typical £169 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 Folkestone Academy · All Kent school finances