Nottingham HOPE Academy: school finances
Large reserves
Holds £374k in reserve, 13% of a year's income.
Latest full year 2023-24, as a council-run school (CFR return, April–March). Nottingham · Not applicable · Academy alternative provision converter.
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 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 | £2.0m | £2.1m | -£70k | £290k | 80 |
2019-20 | £2.2m | £2.2m | -£55k | £235k | 95 |
2020-21 | £2.1m | £2.1m | +£26k | £261k | 72 |
2021-22 | £2.6m | £2.4m | +£187k | £448k | 137 |
2022-23 | £2.8m | £2.8m | +£46k | £493k | 133 |
2023-24 | £2.9m | £3.1m | -£120k | £374k | 139 |
Compared with similar schools
Similar schools are the 30 alternative-provision 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 60% of them. It spends £22,039 a pupil in total; similar schools typically spend £29,827.
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 | £11,730 | £14,601 | £10,460–£17,448 |
Support staff (e.g. TAs) | £2,836 | £4,906 | £3,092–£7,103 |
Supply staff | £1,520 | £601 | £280–£937 |
Admin and clerical | £1,548 | £1,749 | £1,294–£2,226 |
Premises | £462 | £1,472 | £1,100–£1,637 |
Energy | £513 | £376 | £246–£475 |
Learning resources & ICT | £739 | £1,275 | £860–£2,292 |
Bought-in services | £1,185 | £764 | £154–£2,206 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Albright Education Centre Healthy
- The Key Education Centre Large reserves
- Children's Support Service Large reserves
- Estuary Academy Large reserves
- Pathways Learning Centre In deficit
- Meadowbrook College In deficit
- St Wilfrid's Academy, Doncaster Large reserves
- Stevenage Education Support Centre Large reserves
- The Heights Blackburn Large reserves
- EOTAS Swindon Tight
- River Tees Secondary Academy Large reserves
- Pinderfields Hospital PRU Large reserves
Where the money comes from, 2023-24
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.9m | £21,066 |
Pupil premium (part of grants) | £14k | £103 |
Self-generated (lettings, catering, donations) | £16k | £112 |
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?
- Could any of the surplus be clawed back under the council's scheme for financing schools?
- Spending on supply staff is £1,520 a pupil, against a typical £601 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 Nottingham HOPE Academy · All Nottingham school finances