The Fusion Academy: school finances
Large reserves
Holds £787k in reserve, 26% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Leicestershire · Not applicable · Free schools special.
Academies in a trust don't hold money on their own: OPEN THINKING PARTNERSHIP 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, 2020-21 to 2024-25
Income and spending, 2020-21 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2020-21 | £903k | £641k | +£262k | £164k | 25 |
2021-22 | £1.5m | £1.5m | -£9k | £57k | 46 |
2022-23 | £2.1m | £2.3m | -£197k | £167k | 66 |
2023-24 | £2.9m | £2.5m | +£441k | £657k | 85 |
2024-25 | £3.1m | £2.8m | +£273k | £787k | 93 |
Compared with similar schools
Similar schools are the 30 special 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 80% of them. It spends £30,161 a pupil in total; similar schools typically spend £32,200.
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 | £14,065 | £11,410 | £9,732–£12,493 |
Support staff (e.g. TAs) | £7,828 | £11,197 | £9,074–£14,944 |
Supply staff | £1,914 | £133 | £0–£552 |
Admin and clerical | £645 | £1,480 | £1,084–£2,071 |
Premises | £1,043 | £1,595 | £1,084–£2,125 |
Energy | £376 | £475 | £302–£653 |
Learning resources & ICT | £882 | £873 | £671–£1,303 |
Bought-in services | £1,656 | £621 | £271–£1,536 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Woodlands School Tight
- Sunnydown School Large reserves
- The Pilgrim School Healthy
- The Chalet School Tight
- Church Lawton School Large reserves
- Westfield School Large reserves
- Thomas Wolsey Ormiston Academy Tight
- Chatten Free School Large reserves
- Kingfisher School Large reserves
- Norman Gate School Large reserves
- Lakeside School Healthy
- Springfield School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.2m | £34,269 |
SEN funding (part of grants) | £2.0m | £21,409 |
Self-generated (lettings, catering, donations) | £38k | £409 |
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?
- Spending on supply staff is £1,914 a pupil, against a typical £133 for similar schools. What's behind that?
- Spending on teachers is £14,065 a pupil, against a typical £11,410 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 Fusion Academy · All Leicestershire school finances