The Premier Academy: school finances
Large reserves
Holds £745k in reserve, 18% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Milton Keynes · Primary · Academy converter.
Academies in a trust don't hold money on their own: THE PREMIER ACADEMY LIMITED can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
Reserve at the end of each year, 2018-19 to 2024-25
Income and spending, 2018-19 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £3.3m | £3.3m | +£45k | £772k | 628 |
2019-20 | £3.3m | £3.4m | -£89k | £758k | 634 |
2020-21 | £3.3m | £3.5m | -£191k | £896k | 625 |
2021-22 | £3.5m | £3.9m | -£376k | £1.0m | 630 |
2022-23 | £3.8m | £3.8m | +£25k | £1.1m | 631 |
2023-24 | £4.0m | £4.0m | -£75k | £867k | 621 |
2024-25 | £4.2m | £4.1m | +£30k | £745k | 617 |
Compared with similar schools
Similar schools are the 30 primary schools outside London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 90% of them. It spends £6,705 a pupil in total; similar schools typically spend £6,899.
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 | £3,130 | £3,263 | £2,866–£3,506 |
Support staff (e.g. TAs) | £1,348 | £1,496 | £1,241–£1,684 |
Supply staff | £47 | £126 | £57–£190 |
Admin and clerical | £609 | £282 | £227–£347 |
Premises | £387 | £345 | £292–£413 |
Energy | £107 | £91 | £72–£108 |
Learning resources & ICT | £162 | £266 | £232–£327 |
Bought-in services | £191 | £180 | £117–£277 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Lisle Marsden Church of England Primary Academy Large reserves
- Mount Pleasant Primary School Large reserves
- New Bradwell Primary School Large reserves
- Monks Coppenhall Academy Tight
- Heasandford Primary School Healthy
- Purfleet Primary Academy Healthy
- St Mary's, Prittlewell, CofE Primary School Large reserves
- Taylor Road Primary School Large reserves
- West Rise Primary School and Nursery Healthy
- Napier Community Primary and Nursery Academy Healthy
- Marlbrook Primary School Large reserves
- The Crescent Primary School Heading for deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.9m | £6,353 |
SEN funding (part of grants) | £53k | £86 |
Self-generated (lettings, catering, donations) | £299k | £485 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What are the reserves set aside for, and when will they be spent on current pupils?
- Spending on admin and clerical is £609 a pupil, against a typical £282 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 The Premier Academy · All Milton Keynes school finances