Magna Carta Primary Academy: school finances
Large reserves
Holds £106k in reserve, 9% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Essex · Primary · Free schools.
Academies in a trust don't hold money on their own: BMAT EDUCATION 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 | £618k | £629k | -£11k | -£11k | 82 |
2019-20 | £890k | £585k | +£305k | £0 | 113 |
2020-21 | £872k | £684k | +£188k | £0 | 143 |
2021-22 | £941k | £699k | +£242k | £242k | 175 |
2022-23 | £1.1m | £832k | +£308k | £0 | 205 |
2023-24 | £1.1m | £1.2m | -£39k | £0 | 201 |
2024-25 | £1.2m | £1.1m | +£74k | £106k | 201 |
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 60% of them. It spends £5,687 a pupil in total; similar schools typically spend £6,503.
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 | £3,632 | £3,190 | £2,976–£3,380 |
Support staff (e.g. TAs) | £801 | £1,081 | £914–£1,291 |
Supply staff | £204 | £96 | £39–£204 |
Admin and clerical | £542 | £355 | £271–£392 |
Premises | £85 | £327 | £265–£377 |
Energy | £159 | £96 | £78–£127 |
Learning resources & ICT | £45 | £285 | £229–£357 |
Bought-in services | £20 | £142 | £88–£212 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Chesterton Church of England Voluntary Aided Primary School In deficit
- Cranbourne Primary School In deficit
- St Cross Catholic Primary School Large reserves
- Broad Chalke CofE Primary School Healthy
- Lady Jane Grey Primary School Large reserves
- St Joseph's RC Primary School Large reserves
- Bidborough Church of England Voluntary Controlled Primary School Healthy
- Tithe Barn Primary School In deficit
- The Grange Community Infant School Large reserves
- Bentley St Paul's Church of England Primary School Large reserves
- Wrington Church of England Primary School Healthy
- Tollerton Primary School Healthy
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.2m | £5,896 |
SEN funding (part of grants) | £6k | £30 |
Self-generated (lettings, catering, donations) | £32k | £159 |
Money raised by parents
MAGNA CARTA STANSTED PTA (charity 1202391, Registered) raised £16k in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2025-08 | £16k | £14k |
2024-08 | £7k | £10k |
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?
- Spending on energy is £159 a pupil, against a typical £96 for similar schools. What's behind that?
- Spending on admin and clerical is £542 a pupil, against a typical £355 for similar schools. What's behind that?
- 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 Magna Carta Primary Academy · All Essex school finances