Palm Bay Primary School: school finances
Large reserves
Holds £373k in reserve, 14% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Kent · Primary · Academy converter.
Academies in a trust don't hold money on their own: EKC SCHOOLS TRUST LIMITED can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
Earlier years come from this school's return before it became an academy (a different DfE number).
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 | £1.9m | £1.9m | +£30k | £165k | 427 |
2019-20 | £2.0m | £1.9m | +£114k | £278k | 423 |
2020-21 | £2.1m | £2.0m | +£26k | £305k | 426 |
2021-22 | £2.2m | £2.3m | -£85k | £220k | 424 |
2022-23 | £2.4m | £2.2m | +£124k | £383k | 424 |
2023-24 | £2.4m | £2.5m | -£37k | £302k | 421 |
2024-25 | £2.6m | £2.6m | +£17k | £373k | 414 |
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 67% of them. It spends £6,196 a pupil in total; similar schools typically spend £6,756.
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 | £3,570 | £3,082 | £2,843–£3,297 |
Support staff (e.g. TAs) | £930 | £1,309 | £1,141–£1,553 |
Supply staff | £2 | £158 | £50–£295 |
Admin and clerical | £307 | £302 | £200–£389 |
Premises | £215 | £345 | £285–£459 |
Energy | £85 | £93 | £74–£123 |
Learning resources & ICT | £169 | £260 | £208–£327 |
Bought-in services | £29 | £188 | £44–£300 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Cotham Gardens Primary School Heading for deficit
- Belmont Primary School Heading for deficit
- Trumpington Park Primary School Large reserves
- Heygarth Primary School Tight
- Somerset Bridge Primary School Large reserves
- Hazel Community Primary School Healthy
- St George's Foundation Primary School Large reserves
- John F Kennedy Primary School Large reserves
- Three Peaks Primary Academy Large reserves
- Long Sutton County Primary School Large reserves
- Markeaton Primary School Tight
- Templars Academy Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.6m | £6,196 |
SEN funding (part of grants) | £57k | £138 |
Self-generated (lettings, catering, donations) | £17k | £41 |
Money raised by parents
PALM BAY PRIMARY SCHOOL PARENTS TEACHERS AND FRIENDS ASSOCIATION (charity 1055296, Registered) raised £15k in its latest year.
| Year ending | Income | Spending |
|---|---|---|
2025-07 | £15k | £14k |
2024-07 | £19k | £28k |
2023-07 | £19k | £16k |
2022-07 | £20k | £14k |
2021-07 | £6k | £3k |
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?
- 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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