Schools in Reach

Benedict Academy: school finances

Healthy

Holds £61k in reserve, 4% of a year's income.

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

Reserve at year end
£61k4% of a year's income
Last year's balance
+£539kincome minus spending
Income per pupil
£9,271
Pupils
176-17% since 2020-21

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

£0£20k£40k£60k2020-21: £2k reserve2020-212021-22: £56k reserve2021-222022-23: £60k reserve2022-232023-24: £56k reserve2023-242024-25: £61k reserve2024-25

Income and spending, 2020-21 to 2024-25

Income Spending

£750k£1.0m£1.2m£1.5m£1.8mIncomeSpending2020-21: income £1.7m, spending £1.5m2020-212021-22: income £1.6m, spending £1.2m2021-222022-23: income £1.6m, spending £947k2022-232023-24: income £1.5m, spending £1.0m2023-242024-25: income £1.6m, spending £1.1m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2020-21
£1.7m
£1.5m
+£196k
£2k
211
2021-22
£1.6m
£1.2m
+£459k
£56k
196
2022-23
£1.6m
£947k
+£694k
£60k
154
2023-24
£1.5m
£1.0m
+£512k
£56k
161
2024-25
£1.6m
£1.1m
+£539k
£61k
176

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 37% of them. It spends £6,199 a pupil in total; similar schools typically spend £11,214.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £3,499 per pupil; similar schools £4,535 (middle half £3,974–£5,134)Teachers£3,499Support staff (e.g. TAs): this school £2,034 per pupil; similar schools £1,940 (middle half £1,457–£2,665)Support staff (e.g. TAs)£2,034Supply staff: this school £370 per pupil; similar schools £663 (middle half £205–£945)Supply staff£370Admin and clerical: this school £0 per pupil; similar schools £615 (middle half £523–£864)Admin and clerical£0Premises: this school £0 per pupil; similar schools £678 (middle half £536–£794)Premises£0Energy: this school £0 per pupil; similar schools £188 (middle half £108–£252)Energy£0Learning resources & ICT: this school £228 per pupil; similar schools £391 (middle half £276–£575)Learning resources & ICT£228Bought-in services: this school £0 per pupil; similar schools £704 (middle half £374–£1,461)Bought-in services£0
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£3,499
£4,535
£3,974–£5,134
Support staff (e.g. TAs)
£2,034
£1,940
£1,457–£2,665
Supply staff
£370
£663
£205–£945
Admin and clerical
£0
£615
£523–£864
Premises
£0
£678
£536–£794
Energy
£0
£188
£108–£252
Learning resources & ICT
£228
£391
£276–£575
Bought-in services
£0
£704
£374–£1,461

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
£1.6m
£9,117
SEN funding (part of grants)
£126k
£718
Self-generated (lettings, catering, donations)
£27k
£154

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 Benedict Academy · All Merton school finances