Schools in Reach

St Michael's Catholic Academy: school finances

Large reserves

Holds £1.8m in reserve, 24% of a year's income.

Latest full year 2024-25, as a academy (accounts return, September–August). Stockton-on-Tees · Secondary · Academy sponsor led.

Reserve at year end
£1.8m24% of a year's income
Last year's balance
-£27kincome minus spending
Income per pupil
£7,860
Pupils
945-1% since 2018-19

Academies in a trust don't hold money on their own: BISHOP HOGARTH CATHOLIC EDUCATION 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

-£1.0m£0£1.0m2018-19: -£127k reserve2018-192019-20: £99k reserve2019-202020-21: £716k reserve2020-212021-22: £1.4m reserve2021-222022-23: £1.8m reserve2022-232023-24: £2.0m reserve2023-242024-25: £1.8m reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£4.0m£5.0m£6.0m£7.0m£8.0mIncomeSpending2018-19: income £5.3m, spending £5.0m2018-192019-20: income £5.7m, spending £5.2m2019-202020-21: income £6.3m, spending £5.4m2020-212021-22: income £6.7m, spending £5.7m2021-222022-23: income £7.3m, spending £6.6m2022-232023-24: income £7.9m, spending £7.5m2023-242024-25: income £7.4m, spending £7.5m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£5.3m
£5.0m
+£320k
-£127k
953
2019-20
£5.7m
£5.2m
+£513k
£99k
980
2020-21
£6.3m
£5.4m
+£905k
£716k
1,025
2021-22
£6.7m
£5.7m
+£1.0m
£1.4m
1,038
2022-23
£7.3m
£6.6m
+£702k
£1.8m
1,030
2023-24
£7.9m
£7.5m
+£475k
£2.0m
1,006
2024-25
£7.4m
£7.5m
-£27k
£1.8m
945

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 97% of them. It spends £7,889 a pupil in total; similar schools typically spend £7,896.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £4,854 per pupil; similar schools £4,565 (middle half £4,264–£4,816)Teachers£4,854Support staff (e.g. TAs): this school £688 per pupil; similar schools £975 (middle half £736–£1,137)Support staff (e.g. TAs)£688Supply staff: this school £168 per pupil; similar schools £201 (middle half £97–£287)Supply staff£168Admin and clerical: this school £242 per pupil; similar schools £432 (middle half £359–£570)Admin and clerical£242Premises: this school £372 per pupil; similar schools £385 (middle half £312–£459)Premises£372Energy: this school £197 per pupil; similar schools £159 (middle half £128–£193)Energy£197Learning resources & ICT: this school £401 per pupil; similar schools £491 (middle half £398–£626)Learning resources & ICT£401Bought-in services: this school £120 per pupil; similar schools £111 (middle half £54–£131)Bought-in services£120
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£4,854
£4,565
£4,264–£4,816
Support staff (e.g. TAs)
£688
£975
£736–£1,137
Supply staff
£168
£201
£97–£287
Admin and clerical
£242
£432
£359–£570
Premises
£372
£385
£312–£459
Energy
£197
£159
£128–£193
Learning resources & ICT
£401
£491
£398–£626
Bought-in services
£120
£111
£54–£131

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
£7.9m
£8,408
SEN funding (part of grants)
£90k
£95
Self-generated (lettings, catering, donations)
£256k
£271

Money raised by parents

ST MICHAEL'S PARENT-TEACHER'S ASSOCIATION (charity 504916, Registered) raised £0 in its latest year.

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.

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 Michael's Catholic Academy · All Stockton-on-Tees school finances