The Magna Carta School: school finances
Large reserves
Holds £957k in reserve, 11% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Surrey · Secondary · Academy converter.
Academies in a trust don't hold money on their own: UNITY SCHOOLS 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 | £7.1m | £7.1m | +£54k | £686k | 1,199 |
2019-20 | £6.9m | £6.6m | +£332k | £1.0m | 1,207 |
2020-21 | £7.3m | £6.3m | +£937k | £1.6m | 1,183 |
2021-22 | £6.9m | £6.2m | +£640k | £1.8m | 1,167 |
2022-23 | £6.9m | £6.5m | +£360k | £1.5m | 1,106 |
2023-24 | £6.9m | £7.0m | -£48k | £650k | 1,077 |
2024-25 | £8.4m | £8.2m | +£260k | £957k | 1,030 |
Compared with similar schools
Similar schools are the 30 secondary 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 57% of them. It spends £7,951 a pupil in total; similar schools typically spend £7,609.
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 | £4,336 | £4,229 | £4,030–£4,511 |
Support staff (e.g. TAs) | £809 | £819 | £616–£910 |
Supply staff | £51 | £143 | £70–£230 |
Admin and clerical | £345 | £422 | £343–£568 |
Premises | £1,010 | £453 | £352–£565 |
Energy | £149 | £142 | £104–£168 |
Learning resources & ICT | £601 | £528 | £414–£671 |
Bought-in services | £243 | £74 | £44–£108 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Light Hall School Large reserves
- Wadebridge School Healthy
- Judgemeadow Community College Large reserves
- Mercia School Large reserves
- King Edward VI Aston School Large reserves
- Lift Rawlett Large reserves
- St Katherine's School Large reserves
- St Gabriel's RC High School, a Voluntary Academy Large reserves
- Sedgefield Community College Large reserves
- Kingsbury Green Academy Healthy
- The King's School Large reserves
- St Monica's RC High School, a Voluntary Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £8.4m | £8,115 |
SEN funding (part of grants) | £85k | £83 |
Self-generated (lettings, catering, donations) | £92k | £89 |
Money raised by parents
THE FRIENDS OF THE MAGNA CARTA SCHOOL (charity 1061841, Registered) raised £2k in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2025-08 | £2k | £2k |
2024-08 | £2k | £971 |
2023-08 | £5k | £4k |
2022-08 | £5k | £6k |
2021-08 | £4k | £4k |
Matched to this school by name and postcode from the Charity Commission register. Parent associations' money isn't in the school's accounts above.
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?
- Spending on bought-in services is £243 a pupil, against a typical £74 for similar schools. What's behind that?
- Spending on premises is £1,010 a pupil, against a typical £453 for similar schools. What's behind that?
- How does the school decide what the money the parents' association raises is spent on?
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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