Saint Mary Magdalene Church of England All Through School: school finances
Heading for deficit
Has spent more than it received for 4 years running; at that rate its £393k reserve runs out in about 1 year.
Latest full year 2025-26, as a council-run school (CFR return, April–March). Greenwich · All-through · Voluntary aided school.
Reserve at the end of each year, 2018-19 to 2025-26
Income and spending, 2018-19 to 2025-26
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £6.4m | £6.0m | +£405k | £649k | 1,146 |
2019-20 | £8.3m | £8.4m | -£43k | £701k | 1,365 |
2020-21 | £10.6m | £9.8m | +£815k | £1.5m | 1,576 |
2021-22 | £12.4m | £12.1m | +£250k | £1.8m | 1,660 |
2022-23 | £13.7m | £14.0m | -£301k | £1.5m | 1,696 |
2023-24 | £14.7m | £15.3m | -£557k | £909k | 1,712 |
2024-25 | £15.9m | £16.3m | -£311k | £598k | 1,660 |
2025-26 | £16.3m | £16.5m | -£205k | £393k | 1,624 |
Compared with similar schools
Similar schools are the 30 all-through schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 13% of them. It spends £10,149 a pupil in total; similar schools typically spend £8,804.
This school Middle half of similar schools Similar schools’ median
Show the comparison as a table
| Spending per pupil | This school | Similar schools (median) | Middle half |
|---|---|---|---|
Teachers | £6,270 | £4,884 | £4,388–£5,396 |
Support staff (e.g. TAs) | £1,149 | £928 | £373–£1,317 |
Supply staff | £21 | £338 | £129–£499 |
Admin and clerical | £561 | £552 | £414–£728 |
Premises | £465 | £496 | £405–£577 |
Energy | £200 | £155 | £132–£197 |
Learning resources & ICT | £253 | £424 | £360–£503 |
Bought-in services | £409 | £135 | £56–£203 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Alec Reed Academy Large reserves
- Ark John Keats Academy Large reserves
- Harris Garrard Academy Healthy
- London Academy Large reserves
- Ark Academy Healthy
- Edmonton County School Large reserves
- Dunraven School Large reserves
- St Paul's Way Trust School Large reserves
- St Mary Magdalene Academy Large reserves
- Harris Academy Chobham Large reserves
- Oasis School 21 Tight
- Bobby Moore Academy Tight
Where the money comes from, 2025-26
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £15.7m | £9,660 |
SEN funding (part of grants) | £461k | £284 |
Pupil premium (part of grants) | £878k | £541 |
Self-generated (lettings, catering, donations) | £587k | £362 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What is the plan to stop spending more than the school receives each year?
- Spending on bought-in services is £409 a pupil, against a typical £135 for similar schools. What's behind that?
- Spending on teachers is £6,270 a pupil, against a typical £4,884 for similar schools. What's behind that?
Check these figures
Every figure here comes from the school's published return to the DfE. Check it on the DfE benchmarking page for this school, and see how the status is worked out.
Admissions, Ofsted and results for Saint Mary Magdalene Church of England All Through School · All Greenwich school finances