Launcelot Primary School and Nursery: school finances
Large reserves
Holds £576k in reserve, 18% of a year's income.
Latest full year 2025-26, as a council-run school (CFR return, April–March). Lewisham · Primary · Community school.
Reserve at the end of each year, 2018-19 to 2025-26
Income and spending, 2018-19 to 2025-26
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £2.6m | £2.6m | +£13k | £490k | 380 |
2019-20 | £2.7m | £2.6m | +£105k | £595k | 389 |
2020-21 | £2.6m | £2.5m | +£119k | £715k | 369 |
2021-22 | £2.7m | £2.6m | +£82k | £797k | 326 |
2022-23 | £2.5m | £2.7m | -£110k | £687k | 322 |
2023-24 | £2.7m | £2.8m | -£86k | £601k | 301 |
2024-25 | £3.0m | £3.0m | -£26k | £574k | 317 |
2025-26 | £3.2m | £3.2m | +£2k | £576k | 294 |
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 87% of them. It spends £10,940 a pupil in total; similar schools typically spend £10,306.
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 | £5,140 | £4,313 | £3,791–£4,883 |
Support staff (e.g. TAs) | £2,203 | £1,972 | £1,347–£2,362 |
Supply staff | £127 | £388 | £129–£683 |
Admin and clerical | £487 | £532 | £435–£606 |
Premises | £555 | £608 | £530–£727 |
Energy | £141 | £138 | £110–£211 |
Learning resources & ICT | £439 | £304 | £212–£361 |
Bought-in services | £424 | £449 | £253–£767 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Horn Park Primary School Large reserves
- Carpenters Primary School In deficit
- Shaftesbury Park Primary School Large reserves
- Harbinger Primary School In deficit
- Carterhatch Infant School Healthy
- Wormholt Park Primary School Healthy
- Claremont Primary School Healthy
- English Martyrs' Roman Catholic Primary School Large reserves
- Oldfield Primary School Healthy
- Haslemere Primary School In deficit
- Elfrida Primary School Healthy
- Swaffield School Tight
Where the money comes from, 2025-26
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.2m | £10,747 |
SEN funding (part of grants) | £264k | £897 |
Pupil premium (part of grants) | £217k | £738 |
Self-generated (lettings, catering, donations) | £98k | £334 |
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?
- Could any of the surplus be clawed back under the council's scheme for financing schools?
- Pupil numbers have fallen 23% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on learning resources & ict is £439 a pupil, against a typical £304 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.
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