Iveshead School: school finances
Large reserves
Holds £902k in reserve, 11% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Leicestershire · Secondary · Academy converter.
Academies in a trust don't hold money on their own: MOWBRAY EDUCATION TRUST LIMITED 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 | £5.1m | £5.3m | -£179k | -£749k | 816 |
2019-20 | £5.3m | £5.2m | +£86k | -£663k | 809 |
2020-21 | £5.3m | £5.1m | +£200k | -£462k | 846 |
2021-22 | £5.9m | £5.6m | +£290k | -£172k | 901 |
2023-24 | £7.4m | £6.7m | +£704k | £854k | 991 |
2024-25 | £8.2m | £7.2m | +£1.1m | £902k | 1,000 |
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 70% of them. It spends £7,169 a pupil in total; similar schools typically spend £7,487.
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 | £4,128 | £4,431 | £4,177–£4,755 |
Support staff (e.g. TAs) | £832 | £824 | £559–£940 |
Supply staff | £92 | £69 | £34–£156 |
Admin and clerical | £336 | £430 | £344–£538 |
Premises | £434 | £369 | £304–£458 |
Energy | £282 | £124 | £98–£152 |
Learning resources & ICT | £338 | £477 | £406–£639 |
Bought-in services | £167 | £110 | £42–£178 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Saint Gregory's Catholic College Large reserves
- St Alban's Catholic High School Large reserves
- Wrotham School Tight
- Stratton School In deficit
- St Aidan's Catholic Academy In deficit
- Blessed Edward Oldcorne Catholic College Large reserves
- Coombe Dean School Large reserves
- Laurus Cheadle Hulme Healthy
- Thomas Mills High School & Sixth Form Tight
- The Weston Road Academy Large reserves
- The Cedars Academy Large reserves
- Caldew School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £8.0m | £8,013 |
SEN funding (part of grants) | £759k | £759 |
Self-generated (lettings, catering, donations) | £214k | £214 |
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 energy is £282 a pupil, against a typical £124 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 Iveshead School · All Leicestershire school finances