Park Academy: school finances
Healthy
Holds £40k in reserve, 4% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Merton · Primary · Free schools.
Academies in a trust don't hold money on their own: STEP 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, 2020-21 to 2024-25
Income and spending, 2020-21 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2020-21 | £1.1m | £945k | +£153k | £3k | 154 |
2021-22 | £1.1m | £924k | +£137k | £49k | 141 |
2022-23 | £1.0m | £800k | +£213k | £49k | 115 |
2023-24 | £958k | £812k | +£146k | £35k | 103 |
2024-25 | £1.0m | £835k | +£168k | £40k | 127 |
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 53% of them. It spends £6,575 a pupil in total; similar schools typically spend £11,077.
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 | £4,228 | £4,555 | £4,060–£5,427 |
Support staff (e.g. TAs) | £1,496 | £1,746 | £1,225–£2,165 |
Supply staff | £386 | £446 | £265–£941 |
Admin and clerical | £0 | £504 | £317–£786 |
Premises | £0 | £745 | £515–£844 |
Energy | £0 | £171 | £114–£244 |
Learning resources & ICT | £236 | £375 | £281–£483 |
Bought-in services | £0 | £709 | £367–£1,137 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Anglo Portuguese School of London Large reserves
- St Paul's CofE Primary School In deficit
- St Joseph's Catholic Primary and Nursery School Healthy
- St Joseph's Catholic Infants School Healthy
- Emmanuel Community School Large reserves
- St Saviour's Church of England Primary School In deficit
- St Paul's and All Hallows CofE Junior School Large reserves
- Christ Church CofE Primary School Large reserves
- Lime Wood Primary School Healthy
- Simon Marks Jewish Primary School Healthy
- The William Hogarth Primary School In deficit
- Dawlish Primary School Heading for deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £907k | £7,142 |
SEN funding (part of grants) | £92k | £724 |
Self-generated (lettings, catering, donations) | £96k | £756 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- Pupil numbers have fallen 18% since 2020-21. How is the school planning for fewer pupils, and the funding that goes with them?
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 Park Academy · All Merton school finances