St Mary and St Michael Primary School: school finances
Large reserves
Holds £316k in reserve, 9% of a year's income.
Latest full year 2025-26, as a council-run school (CFR return, April–March). Tower Hamlets · Primary · Voluntary aided 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 | £3.1m | £3.0m | +£93k | £164k | 436 |
2019-20 | £3.1m | £3.0m | +£96k | £260k | 407 |
2020-21 | £3.0m | £3.1m | -£36k | £224k | 422 |
2021-22 | £3.1m | £3.0m | +£106k | £331k | 429 |
2022-23 | £3.4m | £3.4m | -£3k | £328k | 418 |
2023-24 | £3.5m | £3.4m | +£109k | £437k | 412 |
2024-25 | £3.6m | £3.6m | +£38k | £475k | 382 |
2025-26 | £3.6m | £3.8m | -£158k | £316k | 344 |
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 77% of them. It spends £10,922 a pupil in total; similar schools typically spend £9,359.
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 | £3,911 | £4,295 | £3,887–£4,918 |
Support staff (e.g. TAs) | £2,323 | £1,875 | £1,381–£2,128 |
Supply staff | £1,217 | £196 | £61–£520 |
Admin and clerical | £459 | £457 | £349–£606 |
Premises | £795 | £506 | £455–£593 |
Energy | £152 | £136 | £109–£225 |
Learning resources & ICT | £361 | £293 | £192–£368 |
Bought-in services | £507 | £472 | £210–£792 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Malmesbury Primary School Healthy
- Sacred Heart Catholic Primary School, Roehampton Large reserves
- Minet Infant and Nursery School Heading for deficit
- Cedars Manor School Large reserves
- Chase Side Primary School Tight
- Athelney Primary School Healthy
- Eglinton Primary School In deficit
- King's Oak Primary School Large reserves
- Haimo Primary School Healthy
- Fleecefield Primary School Healthy
- Clapham Manor Primary School Large reserves
- Buckingham Primary School In deficit
Where the money comes from, 2025-26
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £3.5m | £10,093 |
SEN funding (part of grants) | £288k | £837 |
Pupil premium (part of grants) | £224k | £652 |
Self-generated (lettings, catering, donations) | £127k | £370 |
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 21% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on supply staff is £1,217 a pupil, against a typical £196 for similar schools. What's behind that?
- Spending on premises is £795 a pupil, against a typical £506 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 St Mary and St Michael Primary School · All Tower Hamlets school finances