Old Mill Primary School: school finances
Tight
Holds £49k in reserve, under 3% of a year's income: little room for surprises.
Latest full year 2024-25, as a academy (accounts return, September–August). Leicestershire · Primary · Academy converter.
Academies in a trust don't hold money on their own: SYMPHONY LEARNING 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 | £1.6m | £1.5m | +£66k | £81k | 385 |
2019-20 | £1.6m | £1.6m | +£73k | £86k | 390 |
2020-21 | £1.7m | £1.6m | +£87k | £94k | 396 |
2021-22 | £2.0m | £1.8m | +£138k | £153k | 381 |
2022-23 | £2.1m | £1.9m | +£127k | £181k | 373 |
2023-24 | £2.0m | £2.0m | +£2k | £102k | 364 |
2024-25 | £2.0m | £2.1m | -£181k | £49k | 367 |
Compared with similar schools
Similar schools are the 30 primary 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 33% of them. It spends £5,820 a pupil in total; similar schools typically spend £6,416.
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 | £2,458 | £3,172 | £2,897–£3,368 |
Support staff (e.g. TAs) | £1,041 | £1,183 | £993–£1,390 |
Supply staff | £68 | £99 | £62–£189 |
Admin and clerical | £294 | £256 | £189–£339 |
Premises | £338 | £307 | £282–£363 |
Energy | £68 | £89 | £67–£99 |
Learning resources & ICT | £202 | £275 | £227–£341 |
Bought-in services | £207 | £120 | £85–£216 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Claygate Primary School Large reserves
- Downsbrook Primary School Tight
- Send CofE Primary School In deficit
- The Butts Primary School Large reserves
- Sebert Wood Community Primary School Heading for deficit
- Belle Vue Primary School In deficit
- Belmont Primary School In deficit
- Dinglewell Junior School Tight
- Coddington CofE Primary and Nursery School Large reserves
- Jericho Primary School Healthy
- St Helen's Catholic Junior School Large reserves
- Burbage Junior School In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.0m | £5,441 |
SEN funding (part of grants) | £24k | £65 |
Self-generated (lettings, catering, donations) | £162k | £441 |
Money raised by parents
OLD MILL SCHOOL ASSOCIATION (charity 1067804, Registered) raised £6k in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2025-08 | £6k | £2k |
2024-08 | £8k | £3k |
2023-08 | £8k | £9k |
2022-08 | £9k | £4k |
2021-08 | £1k | £2k |
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 would the school do if costs rose unexpectedly, such as energy or a pay award that isn't fully funded?
- 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.
Admissions, Ofsted and results for Old Mill Primary School · All Leicestershire school finances