Waterloo's new secondary 'free school' has been rated 'outstanding' by inspectors in its first ever Ofsted inspection.
The secondary school – sponsored by the Oasis Trust founded by Steve Chalke – opened in September 2013 and currently has pupils in years 7 and 8.
The academy will eventually grow to have 600 pupils and is already considering a further expansion to host a sixth form centre.
Inspectors visited the academy in June and have delivered a glowing report that deems the school to be 'outstanding' in all areas.
"The children and young people in the local community deserve a first class education that will enable them to be all that they want to be," said principal Carly Mitchell.
"At Oasis Academy South Bank we have been uncompromising in raising the bar for our students, making it clear that there is no limit to their ambition or what they can achieve.
"Our students have been fantastic from the start, they have embraced the academy's belief in them and they are making terrific progress. They turn up for school each day at 8, and are enthusiastic and engaged right through until when they leave at 5.
"I am very proud to be their principal and for the foundation they are building for their own lives and the academy in future years.
"Credit must of course go to the staff who are determined to provide the best possible learning environment, stretching each of our students to always want to further their knowledge, learn more deeply and become "the best version of themselves".
"With the support of our parents and local community, they are the reason for this Ofsted report.
"Following this inspection we are now all the more single-minded to continue the growth of the academy, and build on what we have achieved as we expand to the full five year groups, work towards our first set of GCSE results, build new sport facilities and look to open a sixth form college."