TRANSFORMING LIVES EDUCATIONAL TRUST: academy finances
3 academies with a full-year return. Their reserves add up to £1.1m, including each school's share of the trust's central reserve.
- In deficit 0 (0%)
- Heading for deficit 0 (0%)
- Tight 0 (0%)
- Healthy 1 (33%)
- Large reserves 2 (67%)
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
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| School | Status | Reserve | % of income | Years overspending | Pupils since first year |
|---|---|---|---|---|---|
Healthy | £107k | 6% | — | -1% | |
Large reserves | £314k | 5% | — | +294% | |
Large reserves | £690k | 6% | — | -15% |