Tove Learning Trust

There are several ways for you to compare this trust against others.

This trust has 13 schools. At the time of the 2021 / 2022 financial submission there were 11 schools in scope for financial benchmarking. Post 16 academies are included for distribution purposes, but cannot be benchmarked.

Data for academies in a MAT includes an apportioned share of MAT central finance on a pro-rata basis using FTE pupil numbers.

Expenditure

£62.19m

Income

£65.66m

In-year balance

£3.47m

Revenue reserve

£9.02m

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Schools currently in this trust

• Elizabeth Woodville School
• Grace Academy Coventry
• Grace Academy Darlaston
• Grace Academy Solihull
• Huxlow Academy
• Knowles Primary School
• Lord Grey Academy
• Rushden Academy
• Sponne School
• Stantonbury School
• The CE Academy
• Water Hall Primary School
• Wootton Primary School

Compare schools in this trust

Schools in this trust's 2021 / 2022 submission

• Elizabeth Woodville School
• Grace Academy Coventry
• Grace Academy Darlaston
• Grace Academy Solihull
• Knowles Primary School
• Lord Grey Academy
• Rushden Academy
• Sponne School
• Stantonbury School
• Water Hall Primary School
• Wootton Primary School

Trust history

School year	Date	Event	Organisation
2010/2011	01/03/2011	Joined trust	Sponne School
2016/2017	01/11/2016	Joined trust	Elizabeth Woodville School
2017/2018	01/04/2018	Joined trust	Lord Grey Academy
	01/05/2018	Joined trust	Rushden Community College
	01/05/2018	Joined trust	Rushden Academy
	21/06/2018	Left trust	Rushden Community College
2018/2019	01/04/2019	Joined trust	Grace Academy Solihull
	01/04/2019	Joined trust	Grace Academy Coventry
	01/04/2019	Joined trust	Grace Academy Darlaston
2019/2020	01/01/2020	Joined trust	Wootton Primary School
2020/2021	01/09/2020	Joined trust	Knowles Primary School
	01/09/2020	Joined trust	Water Hall Primary School
2021/2022	01/09/2021	Joined trust	Stantonbury School
2022/2023	01/09/2022	Joined trust	The CE Academy
	01/09/2022	Joined trust	Huxlow Academy

• Companies House number: 7525820

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• View this trust's data on other services: Get information about schools

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Total expenditure

2021/2022

£62.19m

2021/2022

£62.19m

Year	Amount
2017/2018	£17,399,000
2018/2019	£33,385,000
2019/2020	£45,435,000
2020/2021	£52,836,000
2021/2022	£62,194,000

Staff total

2021/2022

£48.44m

2021/2022

£48.44m

Year	Amount
2017/2018	£13,690,000
2018/2019	£26,589,000
2019/2020	£36,719,000
2020/2021	£42,495,000
2021/2022	£48,442,000

Premises total

2021/2022

£3.16m

2021/2022

£3.16m

Year	Amount
2017/2018	£782,000
2018/2019	£1,494,000
2019/2020	£1,687,000
2020/2021	£2,402,000
2021/2022	£3,162,000

Occupation total

More about occupation total

These are costs associated with occupying the school building. They include energy, water, sewerage, rates, insurance, and catering.

2021/2022

£3.18m

2021/2022

£3.18m

Year	Amount
2017/2018	£667,000
2018/2019	£1,389,000
2019/2020	£2,157,000
2020/2021	£2,401,000
2021/2022	£3,178,000

Supplies and services total

2021/2022

£7.29m

2021/2022

£7.29m

Year	Amount
2017/2018	£1,376,000
2018/2019	£3,714,000
2019/2020	£4,697,000
2020/2021	£5,492,000
2021/2022	£7,291,000

Interest charges for loans and banking

More about interest charges for loans and banking

This includes:

• interest paid on overdrafts and other liabilities

It excludes:

• interest received

2021/2022

£0

2021/2022

£0

Year	Amount
2017/2018	No data
2018/2019	No data
2019/2020	No data
2020/2021	£0
2021/2022	£0

Cost of finance total

2021/2022

£0

2021/2022

£0

Year	Amount
2017/2018	£884,000
2018/2019	£199,000
2019/2020	£192,000
2020/2021	No data
2021/2022	No data

Special facilities total

More about special facilities total

This includes:

• swimming pools and sports centres
• boarding provision
• rural studies and farm units
• payments by your school to another school for the benefit of pupils at the other school
• pupil inter-site travel, eg moving between sites
• expenses relating to before and after school clubs
• delegated home to school transport
• indirect employee expenses and agency staff expenses relating to a special facility
• purchase of trading items for re-sale, eg school uniforms, books, stationery
• donations paid by the school to a charity
• community education with a benefit to the pupils at the school

It excludes:

• staff costs associated with managing and supporting the special facility for directly employed staff
• staff teaching in the special facility
• school trips
• residential special schools
• any community-focused expenditure

2021/2022

£121k

2021/2022

£121k

Year	Amount
2017/2018	£0
2018/2019	£0
2019/2020	-£17,000
2020/2021	£46,000
2021/2022	£121,000

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