Bankfields Primary School: school finances
Large reserves
Holds £270k in reserve, 14% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Redcar and Cleveland · Primary · Academy converter.
Academies in a trust don't hold money on their own: STEEL RIVER ACADEMY TRUST can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
Earlier years come from this school's return before it became an academy (a different DfE number).
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 | £1.6m | £1.6m | +£31k | £132k | 294 |
2019-20 | £1.6m | £1.6m | +£27k | £144k | 290 |
2020-21 | £1.6m | £1.5m | +£103k | £205k | 274 |
2021-22 | £1.6m | £1.5m | +£93k | £198k | 296 |
2022-23 | £1.7m | £1.7m | +£78k | £211k | 275 |
2023-24 | £1.9m | £1.8m | +£47k | £164k | 272 |
2024-25 | £1.9m | £1.8m | +£120k | £270k | 253 |
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 90% of them. It spends £7,233 a pupil in total; similar schools typically spend £8,212.
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 | £3,913 | £3,662 | £3,286–£4,121 |
Support staff (e.g. TAs) | £905 | £1,888 | £1,589–£2,329 |
Supply staff | £71 | £160 | £18–£329 |
Admin and clerical | £348 | £358 | £267–£405 |
Premises | £510 | £431 | £358–£511 |
Energy | £162 | £139 | £97–£178 |
Learning resources & ICT | £209 | £342 | £216–£461 |
Bought-in services | £126 | £198 | £76–£376 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Lift Cottingley Large reserves
- Dunston Primary and Nursery Academy Tight
- Rose Hill Primary School Tight
- Beaufort Primary School Large reserves
- Becket Primary School Healthy
- Carcroft Primary School Healthy
- Lee Mount Academy Healthy
- Bysing Wood Primary School Tight
- Netherhall Learning Campus Junior School Healthy
- West Earlham Junior School In deficit
- Mount Pleasant Primary School Large reserves
- St John's Church of England Aided Primary School, Shildon Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.9m | £7,664 |
SEN funding (part of grants) | £54k | £213 |
Self-generated (lettings, catering, donations) | £25k | £99 |
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 14% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
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 Bankfields Primary School · All Redcar and Cleveland school finances