Waterside Academy: school finances
Large reserves
Holds £396k in reserve, 8% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Hackney · Secondary · Free schools.
Academies in a trust don't hold money on their own: COMMUNITY SCHOOLS TRUST can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
Earlier years come from this school's return before it became an academy (a different DfE number).
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 | £4.1m | £3.7m | +£386k | £587k | 431 |
2019-20 | £4.1m | £4.1m | +£46k | £1k | 393 |
2020-21 | £4.0m | £3.8m | +£175k | £1k | 354 |
2021-22 | £3.9m | £3.7m | +£238k | £1k | 379 |
2022-23 | £4.5m | £4.4m | +£108k | £0 | 392 |
2023-24 | £4.7m | £4.6m | +£50k | £1k | 401 |
2024-25 | £4.8m | £4.4m | +£361k | £396k | 378 |
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 50% of them. It spends £11,728 a pupil in total; similar schools typically spend £11,811.
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 | £6,474 | £6,278 | £5,659–£6,837 |
Support staff (e.g. TAs) | £212 | £1,026 | £802–£1,248 |
Supply staff | £860 | £325 | £109–£460 |
Admin and clerical | £971 | £860 | £607–£1,172 |
Premises | £442 | £756 | £495–£965 |
Energy | £249 | £233 | £155–£334 |
Learning resources & ICT | £466 | £548 | £380–£803 |
Bought-in services | £66 | £237 | £147–£421 |
Compare side by side with the 3 most similar schools
Which schools are these?
- St Aloysius' College Large reserves
- Ark Evelyn Grace Academy In deficit
- Meridian High School Large reserves
- Lift Beacon High Tight
- Arts and Media School Islington Large reserves
- Oasis Academy Arena Large reserves
- Notre Dame Catholic Girls' School Large reserves
- Ark All Saints Academy Large reserves
- City of London Academy, Highgate Hill Large reserves
- The Charter School Bermondsey Large reserves
- All Saints Catholic High School In deficit
- Rokeby School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £4.8m | £12,638 |
SEN funding (part of grants) | £120k | £317 |
Self-generated (lettings, catering, donations) | £17k | £45 |
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 12% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on supply staff is £860 a pupil, against a typical £325 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 Waterside Academy · All Hackney school finances