New Invention Learning Academy: school finances
Large reserves
Holds £449k in reserve, 21% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Walsall · Primary · Academy converter.
Academies in a trust don't hold money on their own: PRIMARY LEARNING 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 | £1.6m | £1.6m | +£50k | £212k | 353 |
2019-20 | £1.7m | £1.7m | -£44k | £167k | 360 |
2020-21 | £1.8m | £1.7m | +£95k | £263k | 358 |
2021-22 | £1.8m | £1.8m | +£30k | £293k | 358 |
2022-23 | £2.0m | £2.0m | -£28k | £265k | 362 |
2023-24 | £2.1m | £2.1m | +£8k | £273k | 363 |
2024-25 | £2.1m | £2.1m | +£47k | £449k | 365 |
Compared with similar schools
Similar schools are the 30 primary 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 100% of them. It spends £5,759 a pupil in total; similar schools typically spend £6,445.
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 | £3,386 | £3,116 | £2,911–£3,389 |
Support staff (e.g. TAs) | £1,137 | £1,264 | £1,103–£1,613 |
Supply staff | £0 | £134 | £41–£203 |
Admin and clerical | £192 | £290 | £216–£385 |
Premises | £203 | £356 | £300–£389 |
Energy | £77 | £92 | £77–£114 |
Learning resources & ICT | £164 | £281 | £223–£331 |
Bought-in services | £255 | £169 | £101–£235 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Ravensworth Terrace Primary School Tight
- Nansledan School Healthy
- Witton Middle School Large reserves
- The St Faith and St Martin Church of England Junior School, Lincoln Healthy
- St Peter's Catholic Primary School, Winchester Healthy
- Ursula Taylor Church of England School Healthy
- Ratby Primary School Large reserves
- Callands Primary Academy Healthy
- Moredon Primary School Large reserves
- St Mary's Catholic Voluntary Academy In deficit
- Castle Primary School Tight
- St Barnabas CofE Primary School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.2m | £5,915 |
SEN funding (part of grants) | £84k | £230 |
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 New Invention Learning Academy · All Walsall school finances