River Bank Primary School: school finances
Large reserves
Holds £874k in reserve, 19% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Luton · Primary · Free schools.
Academies in a trust don't hold money on their own: ACTIVE EDUCATION ACADEMY 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 | £2.8m | £2.5m | +£361k | £564k | 556 |
2019-20 | £3.5m | £627k | +£2.8m | £862k | 683 |
2020-21 | £3.6m | £1.2m | +£2.5m | £888k | 703 |
2021-22 | £4.0m | £3.6m | +£378k | £1.0m | 719 |
2022-23 | £4.3m | £4.3m | +£23k | £1.2m | 708 |
2023-24 | £4.3m | £3.8m | +£540k | £1.1m | 736 |
2024-25 | £4.7m | £4.2m | +£533k | £874k | 769 |
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 83% of them. It spends £5,427 a pupil in total; similar schools typically spend £6,471.
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 | £2,949 | £2,947 | £2,686–£3,187 |
Support staff (e.g. TAs) | £1,700 | £1,442 | £1,185–£1,924 |
Supply staff | £0 | £123 | £38–£204 |
Admin and clerical | £0 | £295 | £234–£347 |
Premises | £51 | £316 | £254–£428 |
Energy | £0 | £76 | £65–£103 |
Learning resources & ICT | £486 | £237 | £195–£302 |
Bought-in services | £39 | £122 | £74–£209 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Franche Primary School Heading for deficit
- Kestrel Mead Primary Academy Large reserves
- Beechwood Primary School Healthy
- Air Balloon Hill Primary School Tight
- The Willows Primary School Large reserves
- Hove Junior School Tight
- Marish Primary School Large reserves
- Grovelands Community Primary School Large reserves
- The Phoenix Primary School Large reserves
- Northgate Primary School Tight
- Montem Academy Large reserves
- Newton Leys Primary School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £4.7m | £6,088 |
Self-generated (lettings, catering, donations) | £105k | £137 |
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 learning resources & ict is £486 a pupil, against a typical £237 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 River Bank Primary School · All Luton school finances