St Mary Magdalene CofE Primary School: school finances
Large reserves
Holds £419k in reserve, 31% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Nottinghamshire · Primary · Academy converter.
Academies in a trust don't hold money on their own: DIOCESE OF SOUTHWELL AND NOTTINGHAM MULTI-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 | £938k | £841k | +£97k | £191k | 210 |
2019-20 | £962k | £891k | +£71k | £233k | 207 |
2020-21 | £1.0m | £1.0m | -£24k | £176k | 205 |
2021-22 | £1.1m | £991k | +£62k | £200k | 208 |
2022-23 | £1.1m | £1.0m | +£110k | £266k | 203 |
2023-24 | £1.2m | £1.1m | +£46k | £266k | 205 |
2024-25 | £1.4m | £1.2m | +£180k | £419k | 207 |
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 100% of them. It spends £5,720 a pupil in total; similar schools typically spend £6,723.
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 | £2,947 | £3,135 | £2,892–£3,387 |
Support staff (e.g. TAs) | £783 | £1,237 | £1,042–£1,695 |
Supply staff | £121 | £84 | £28–£175 |
Admin and clerical | £213 | £341 | £258–£419 |
Premises | £324 | £383 | £319–£468 |
Energy | £92 | £106 | £81–£151 |
Learning resources & ICT | £251 | £288 | £201–£340 |
Bought-in services | £111 | £174 | £69–£282 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Manorfield Infant and Nursery School Heading for deficit
- Widewell Primary Academy Large reserves
- Elson Infant School Tight
- West Winch Primary School In deficit
- East Peckham Primary School Large reserves
- St Bede's Catholic Primary School Healthy
- Wales Primary School In deficit
- The Humberston Church of England Primary School Large reserves
- St Anne's CofE Primary School Large reserves
- Thorn Grove Primary School Healthy
- Our Lady's RC Primary School Wigan Large reserves
- English Martyrs' Catholic Primary School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.3m | £6,372 |
SEN funding (part of grants) | £68k | £329 |
Self-generated (lettings, catering, donations) | £59k | £285 |
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?
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 St Mary Magdalene CofE Primary School · All Nottinghamshire school finances