Millbay Academy: school finances
Tight
Holds £63k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2024-25, as a academy (accounts return, September–August). Plymouth · Secondary · Free schools.
Academies in a trust don't hold money on their own: REACH SOUTH 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 | £6.5m | £4.5m | +£2.0m | -£474k | — |
2020-21 | £5.8m | £5.2m | +£554k | -£342k | 642 |
2021-22 | £4.9m | £4.3m | +£538k | -£211k | 555 |
2022-23 | £4.2m | £4.0m | +£218k | -£162k | 550 |
2023-24 | £3.9m | £3.4m | +£487k | -£31k | 545 |
2024-25 | £4.7m | £4.2m | +£539k | £63k | 550 |
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 13% of them. It spends £7,593 a pupil in total; similar schools typically spend £9,285.
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 | £3,904 | £4,634 | £4,303–£4,927 |
Support staff (e.g. TAs) | £731 | £982 | £691–£1,479 |
Supply staff | £293 | £277 | £135–£436 |
Admin and clerical | £362 | £575 | £463–£785 |
Premises | £613 | £528 | £436–£639 |
Energy | £193 | £225 | £200–£290 |
Learning resources & ICT | £278 | £461 | £333–£648 |
Bought-in services | £256 | £109 | £44–£235 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Broadoak School Large reserves
- St Peter's Catholic College Large reserves
- Smestow Academy Large reserves
- Parkside Community School Large reserves
- City Academy Large reserves
- Washington Academy Large reserves
- The Salesian Academy of St John Bosco Healthy
- John Spendluffe Foundation Technology College Large reserves
- Harborne Academy Healthy
- Park Lane Academy Heading for deficit
- Jewellery Quarter Academy Large reserves
- Highfield Leadership Academy In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £4.8m | £8,749 |
SEN funding (part of grants) | £268k | £487 |
Self-generated (lettings, catering, donations) | £93k | £169 |
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 14% since 2020-21. How is the school planning for fewer pupils, and the funding that goes with them?
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 Millbay Academy · All Plymouth school finances