New Chapter Primary School: school finances
Large reserves
Holds £326k in reserve, 18% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Milton Keynes · Primary · Academy sponsor led.
Academies in a trust don't hold money on their own: INSPIRING FUTURES THROUGH LEARNING 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 | £1.7m | £1.6m | +£67k | £473k | 306 |
2019-20 | £1.7m | £1.7m | -£23k | £374k | 314 |
2020-21 | £1.7m | £1.7m | +£22k | £418k | 304 |
2021-22 | £1.8m | £1.7m | +£87k | £434k | 283 |
2022-23 | £1.8m | £1.8m | -£35k | £331k | 258 |
2023-24 | £1.8m | £1.8m | +£30k | £277k | 249 |
2024-25 | £1.8m | £1.6m | +£131k | £326k | 231 |
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 93% of them. It spends £7,100 a pupil in total; similar schools typically spend £7,942.
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 | £3,545 | £3,301 | £3,036–£3,800 |
Support staff (e.g. TAs) | £1,584 | £1,732 | £1,578–£2,326 |
Supply staff | £52 | £98 | £16–£223 |
Admin and clerical | £489 | £387 | £298–£472 |
Premises | £364 | £443 | £369–£542 |
Energy | £225 | £123 | £101–£149 |
Learning resources & ICT | £221 | £296 | £238–£376 |
Bought-in services | £22 | £237 | £103–£522 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Abingdon Primary School Tight
- Seven Stars Primary School Tight
- Broadmere Primary Academy Large reserves
- All Saints CofE Primary School and Nursery, Nuneaton Large reserves
- Our Lady and St Rose of Lima Catholic Primary School Large reserves
- Batchley First and Nursery School In deficit
- St Anne's RC Primary School, a Voluntary Academy Tight
- Model Village Primary School Large reserves
- Darley Dene Primary School Healthy
- West Earlham Infant and Nursery School Healthy
- Holyhead Primary Academy Healthy
- Holy Trinity Catholic Primary School Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.8m | £7,801 |
SEN funding (part of grants) | £22k | £95 |
Self-generated (lettings, catering, donations) | £15k | £65 |
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 25% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on energy is £225 a pupil, against a typical £123 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 New Chapter Primary School · All Milton Keynes school finances