King Edward VI College Stourbridge: school finances
Healthy
Holds £785k in reserve, 5% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Dudley · 16 plus · Academy 16-19 converter.
Academies in a trust don't hold money on their own: HEART OF MERCIA 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, 2021-22 to 2024-25
Income and spending, 2021-22 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2021-22 | £11.0m | £10.3m | +£641k | -£225k | — |
2022-23 | £12.2m | £11.7m | +£516k | -£246k | — |
2023-24 | £13.5m | £12.4m | +£1.1m | £203k | — |
2024-25 | £14.3m | £13.3m | +£1.0m | £785k | 2,458 |
Compared with similar schools
Similar schools are the 30 post16 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 10% of them. It spends £5,413 a pupil in total; similar schools typically spend £6,079.
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 | £2,810 | £3,204 | £2,906–£3,661 |
Support staff (e.g. TAs) | £711 | £573 | £435–£721 |
Supply staff | £21 | £23 | £1–£47 |
Admin and clerical | £496 | £429 | £275–£608 |
Premises | £261 | £287 | £252–£349 |
Energy | £70 | £110 | £97–£132 |
Learning resources & ICT | £462 | £464 | £386–£579 |
Bought-in services | £13 | £24 | £12–£55 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Godalming College Large reserves
- Solihull Sixth Form College Large reserves
- Oldham Sixth Form College Large reserves
- Ashton Sixth Form College Large reserves
- Bilborough College Large reserves
- New College Pontefract Large reserves
- Richard Huish College Healthy
- Hereford Sixth Form College Large reserves
- Priestley College Large reserves
- Rochdale Sixth Form College Large reserves
- Esher Sixth Form College Large reserves
- Reigate College Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £14.2m | £5,773 |
SEN funding (part of grants) | £76k | £31 |
Self-generated (lettings, catering, donations) | £49k | £20 |
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 King Edward VI College Stourbridge · All Dudley school finances