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School Finances
Financial Health
Consistent Financial Reporting (CFR) return
Operating Margin
+£772,000
In-year surplus
Total Income£7,495,000
Total Expenditure£6,723,000
Per Pupil£7,684
Per-pupil spending is above the national average — the school is running an in-year surplus of £772,000
Key Financial Metrics
Arrows show year-on-year trend · Card colour reflects position vs national
Nat: £5,280
£7,684
Per-Pupil Spend
Nat: 57%
62%
Teaching Costs
Nat: 75%
85%
Total Staff Costs
+£772,000
Revenue Balance (In-year)
Show more metrics
£7.50M
Total Income (Derived)
£6.72M
Total Expenditure
Nat: 11%
6%
Premises Costs
Nat: £1,260
£1,013
Per-Pupil Non-Staff Costs
Income vs Expenditure
5-year financial trend
Financial Trends — Income, Expenditure & Surplus/Deficit
| Year | Income | Expenditure | Balance | Per-Pupil |
|---|---|---|---|---|
| 2023/24 | £8.59M | £7.82M | +£772K | £8,442 |
| 2022/23 | £8.16M | £7.78M | +£381K | £8,014 |
| 2021/22 | £7.20M | £6.95M | +£246K | £7,073 |
| 2020/21 | £7.13M | £6.17M | +£961K | £7,009 |
| 2019/20 | £4.04M | £3.79M | +£243K | £3,967 |
Nat: 57%
£4.14M
Teaching Staff (62%)
Nat: 2%
£944K
Admin & IT (14%)
£622K
Other (9%)
Nat: 12%
£378K
Premises (6%)
Nat: 5%
£351K
Learning Resources (5%)
Nat: 2%
£287K
Energy (4%)
Nat: 2%
£0
Catering (<1%)
Future Academies Watford