London Nautical, City of London Academy: school finances
Tight
Holds £60k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2023-24, as a council-run school (CFR return, April–March). Lambeth · Secondary · Academy sponsor led.
Earlier years come from this school's return before it became an academy (a different DfE number).
A 2024-25 return is published too, but it covers part of a year or leaves out the income or reserve figure, so the latest complete year is shown.
Reserve at the end of each year, 2018-19 to 2023-24
Income and spending, 2018-19 to 2023-24
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £5.8m | £5.9m | -£88k | -£106k | 629 |
2019-20 | £5.5m | £5.5m | -£5k | -£112k | 659 |
2020-21 | £5.5m | £5.9m | -£353k | -£465k | 657 |
2021-22 | £6.4m | £5.9m | +£403k | -£61k | 622 |
2022-23 | £6.2m | £6.1m | +£67k | £154k | 570 |
2023-24 | £6.1m | £6.2m | -£94k | £60k | 564 |
Compared with similar schools
Similar schools are the 30 secondary schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 33% of them. It spends £11,062 a pupil in total; similar schools typically spend £10,733.
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 | £5,707 | £5,828 | £5,147–£6,405 |
Support staff (e.g. TAs) | £1,469 | £992 | £700–£1,139 |
Supply staff | £251 | £232 | £69–£459 |
Admin and clerical | £596 | £843 | £660–£937 |
Premises | £672 | £647 | £479–£898 |
Energy | £268 | £219 | £175–£282 |
Learning resources & ICT | £512 | £589 | £459–£763 |
Bought-in services | £727 | £198 | £120–£509 |
Compare side by side with the 3 most similar schools
Which schools are these?
- St. Thomas More Language College Large reserves
- AIM Academy North London Large reserves
- Bishop Stopford's School In deficit
- Lammas School In deficit
- La Sainte Union Catholic Secondary School In deficit
- Phoenix Academy Large reserves
- Thomas More Catholic School Tight
- Mulberry UTC Large reserves
- Newman Catholic College In deficit
- Harris Academy Orpington In deficit
- Saint Gabriel's College Tight
- Ark Greenwich Free School Large reserves
Where the money comes from, 2023-24
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £5.9m | £10,513 |
SEN funding (part of grants) | £174k | £308 |
Pupil premium (part of grants) | £223k | £396 |
Self-generated (lettings, catering, donations) | £216k | £383 |
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 10% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on bought-in services is £727 a pupil, against a typical £198 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £1,469 a pupil, against a typical £992 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 London Nautical, City of London Academy · All Lambeth school finances