THE SOVEREIGN TRUST: academy finances
5 academies with a full-year return. Their reserves add up to £3.3m, including each school's share of the trust's central reserve.
- In deficit 0 (0%)
- Heading for deficit 0 (0%)
- Tight 1 (20%)
- Healthy 2 (40%)
- Large reserves 2 (40%)
A trust can move money between its academies, so a school shown in deficit may be supported by the trust as a whole. The trust-wide figure is the better guide to whether the trust is in difficulty.
Academies, worst first
Tap a column heading to sort.
| School | Status | Reserve | % of income | Years overspending | Pupils since first year |
|---|---|---|---|---|---|
Tight | £98k | 3% | 1 | -2% | |
Healthy | £131k | 5% | — | +32% | |
Healthy | £573k | 7% | — | +64% | |
Large reserves | £1.2m | 25% | — | +25% | |
Large reserves | £1.3m | 19% | 1 | +70% |