Schools in Reach

St Matthew Academy: school finances

Healthy

Holds £440k in reserve, 4% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Lewisham · All-through · Academy sponsor led.

Reserve at year end
£440k4% of a year's income
Last year's balance
+£4.5mincome minus spending
Income per pupil
£9,284
Pupils
1,066+13% since 2018-19

Academies in a trust don't hold money on their own: ST BENEDICT CATHOLIC 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

£0£500k£1.0m2018-19: £1.0m reserve2018-192019-20: £901k reserve2019-202020-21: £758k reserve2020-212021-22: £776k reserve2021-222022-23: £916k reserve2022-232023-24: £1.0m reserve2023-242024-25: £440k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£6.0m£8.0m£10.0mIncomeSpending2018-19: income £7.4m, spending £7.6m2018-192019-20: income £7.3m, spending £7.3m2019-202020-21: income £8.0m, spending £8.1m2020-212021-22: income £8.1m, spending £8.1m2021-222022-23: income £9.1m, spending £9.0m2022-232023-24: income £9.6m, spending £9.3m2023-242024-25: income £9.9m, spending £5.4m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£7.4m
£7.6m
-£154k
£1.0m
945
2019-20
£7.3m
£7.3m
-£75k
£901k
946
2020-21
£8.0m
£8.1m
-£168k
£758k
1,018
2021-22
£8.1m
£8.1m
+£18k
£776k
1,006
2022-23
£9.1m
£9.0m
+£140k
£916k
1,052
2023-24
£9.6m
£9.3m
+£254k
£1.0m
1,066
2024-25
£9.9m
£5.4m
+£4.5m
£440k
1,066

Compared with similar schools

Similar schools are the 30 all-through 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 33% of them. It spends £5,087 a pupil in total; similar schools typically spend £8,756.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £2,770 per pupil; similar schools £4,884 (middle half £4,344–£5,396)Teachers£2,770Support staff (e.g. TAs): this school £494 per pupil; similar schools £928 (middle half £373–£1,215)Support staff (e.g. TAs)£494Supply staff: this school £22 per pupil; similar schools £189 (middle half £129–£417)Supply staff£22Admin and clerical: this school £290 per pupil; similar schools £558 (middle half £453–£728)Admin and clerical£290Premises: this school £498 per pupil; similar schools £454 (middle half £361–£573)Premises£498Energy: this school £145 per pupil; similar schools £143 (middle half £122–£201)Energy£145Learning resources & ICT: this school £348 per pupil; similar schools £424 (middle half £350–£472)Learning resources & ICT£348Bought-in services: this school £59 per pupil; similar schools £153 (middle half £94–£219)Bought-in services£59
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£2,770
£4,884
£4,344–£5,396
Support staff (e.g. TAs)
£494
£928
£373–£1,215
Supply staff
£22
£189
£129–£417
Admin and clerical
£290
£558
£453–£728
Premises
£498
£454
£361–£573
Energy
£145
£143
£122–£201
Learning resources & ICT
£348
£424
£350–£472
Bought-in services
£59
£153
£94–£219

Compare side by side with the 3 most similar schools

Which schools are these?

Where the money comes from, 2024-25

SourceAmountPer pupil
Government grants
£10.2m
£9,538
SEN funding (part of grants)
£212k
£199
Self-generated (lettings, catering, donations)
£86k
£81

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 Matthew Academy · All Lewisham school finances