King Edward VII Academy: school finances
Large reserves
Holds £479k in reserve, 5% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Norfolk · Secondary · Academy sponsor led.
Academies in a trust don't hold money on their own: INSPIRATION 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 | £6.8m | £6.7m | +£104k | £688k | 1,113 |
2019-20 | £6.6m | £6.5m | +£120k | £357k | 1,085 |
2020-21 | £6.8m | £6.6m | +£123k | £19k | 1,095 |
2021-22 | £7.3m | £7.1m | +£259k | £0 | 1,139 |
2022-23 | £7.7m | £7.1m | +£561k | £0 | 1,194 |
2023-24 | £8.7m | £7.8m | +£859k | £0 | 1,227 |
2024-25 | £9.1m | £8.2m | +£933k | £479k | 1,181 |
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 47% of them. It spends £6,953 a pupil in total; similar schools typically spend £7,765.
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 | £4,108 | £4,414 | £4,137–£4,471 |
Support staff (e.g. TAs) | £997 | £851 | £711–£1,086 |
Supply staff | £73 | £106 | £59–£186 |
Admin and clerical | £162 | £402 | £319–£519 |
Premises | £334 | £357 | £312–£455 |
Energy | £186 | £155 | £119–£192 |
Learning resources & ICT | £262 | £518 | £436–£620 |
Bought-in services | £157 | £93 | £43–£154 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Lode Heath School Large reserves
- Corby Business Academy In deficit
- Hawkley Hall High School Large reserves
- The Dormston School Healthy
- Sharples School Large reserves
- Northgate High School Tight
- Newton Abbot College Tight
- Selby High School Specialist School for the Arts and Science Healthy
- The Elizabethan Academy Large reserves
- Q3 Academy Great Barr In deficit
- Bristol Cathedral Choir School Tight
- Tor Bridge High Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £9.0m | £7,627 |
SEN funding (part of grants) | £66k | £56 |
Self-generated (lettings, catering, donations) | £137k | £116 |
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?
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 VII Academy · All Norfolk school finances