Balgowan Primary School: school finances
Large reserves
Holds £403k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Bromley · Primary · Academy converter.
Academies in a trust don't hold money on their own: NEXUS EDUCATION SCHOOLS TRUST 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 | £3.0m | £3.0m | -£18k | £311k | 674 |
2019-20 | £3.1m | £3.1m | -£8k | £332k | 670 |
2020-21 | £3.3m | £3.1m | +£216k | £390k | 662 |
2021-22 | £3.7m | £3.2m | +£470k | £1k | 626 |
2022-23 | £3.6m | £3.7m | -£19k | £1k | 622 |
2023-24 | £4.0m | £3.7m | +£248k | £1k | 615 |
2024-25 | £4.3m | £4.0m | +£294k | £403k | 618 |
Compared with similar schools
Similar schools are the 30 primary 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 90% of them. It spends £6,477 a pupil in total; similar schools typically spend £6,777.
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 | £3,015 | £3,364 | £3,100–£3,699 |
Support staff (e.g. TAs) | £1,078 | £1,208 | £1,040–£1,450 |
Supply staff | £40 | £99 | £42–£217 |
Admin and clerical | £298 | £309 | £158–£379 |
Premises | £288 | £287 | £253–£370 |
Energy | £58 | £92 | £76–£113 |
Learning resources & ICT | £291 | £257 | £203–£296 |
Bought-in services | £66 | £143 | £104–£265 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Ridgeway Primary School Heading for deficit
- St Mary's Church of England Primary School Healthy
- Hayes Primary School Tight
- Avanti Court Primary School Large reserves
- Hacton Primary School In deficit
- Sheen Mount Primary School Healthy
- St John Fisher Catholic Primary School Healthy
- Sacred Heart Catholic Primary School In deficit
- Bursted Wood Primary School Large reserves
- Rhodes Avenue Primary School In deficit
- Grimsdyke School Healthy
- St Mary's and St Peter's Church of England Primary School Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.6m | £5,854 |
SEN funding (part of grants) | £180k | £291 |
Self-generated (lettings, catering, donations) | £679k | £1,099 |
Money raised by parents
BALGOWAN SCHOOL PARENT TEACHER ASSOCIATION (charity 1104893, Registered) raised £75k in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2025-08 | £75k | £75k |
2024-08 | £73k | £86k |
2023-08 | £71k | £88k |
2022-08 | £60k | £61k |
2021-08 | £32k | £26k |
Matched to this school by name and postcode from the Charity Commission register. Parent associations' money isn't in the school's accounts above.
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?
- Pupil numbers have fallen 8% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- How does the school decide what the money the parents' association raises is spent on?
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 Balgowan Primary School · All Bromley school finances