Millennium Primary School: school finances
Large reserves
Holds £686k in reserve, 20% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Greenwich · Primary · Academy converter.
Academies in a trust don't hold money on their own: MARITIME 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 | £2.3m | £2.5m | -£271k | £1k | 450 |
2019-20 | £2.7m | £2.4m | +£334k | £1k | 437 |
2020-21 | £3.0m | £2.5m | +£577k | £1k | 416 |
2021-22 | £2.9m | £2.6m | +£305k | £1k | 414 |
2022-23 | £3.1m | £2.9m | +£252k | £1k | 422 |
2023-24 | £3.4m | £3.2m | +£188k | £1k | 417 |
2024-25 | £3.5m | £3.2m | +£260k | £686k | 396 |
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 £8,157 a pupil in total; similar schools typically spend £7,910.
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 | £3,836 | £3,628 | £3,152–£3,878 |
Support staff (e.g. TAs) | £1,686 | £1,550 | £1,130–£1,767 |
Supply staff | £372 | £136 | £56–£270 |
Admin and clerical | £167 | £383 | £303–£465 |
Premises | £534 | £422 | £356–£549 |
Energy | £167 | £108 | £83–£128 |
Learning resources & ICT | £442 | £296 | £241–£374 |
Bought-in services | £91 | £269 | £166–£495 |
Compare side by side with the 3 most similar schools
Which schools are these?
- St Leonard's Church of England Primary School In deficit
- John Stainer Community Primary School Tight
- Yeading Infant and Nursery School Large reserves
- Godwin Primary School Heading for deficit
- Southborough Primary School Large reserves
- Hotham Primary School Heading for deficit
- Roxeth Primary School Tight
- Allfarthing Primary School Healthy
- The Edward Betham Church of England Primary School Tight
- Ark Byron Primary Academy In deficit
- Camrose Primary With Nursery Large reserves
- Goodrich Community Primary School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.3m | £8,362 |
SEN funding (part of grants) | £359k | £908 |
Self-generated (lettings, catering, donations) | £179k | £453 |
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 12% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on supply staff is £372 a pupil, against a typical £136 for similar schools. What's behind that?
- Spending on energy is £167 a pupil, against a typical £108 for similar schools. What's behind that?
- Spending on learning resources & ict is £442 a pupil, against a typical £296 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 Millennium Primary School · All Greenwich school finances