Old Leake Primary Academy: school finances
Tight
Holds £40k 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). Lincolnshire · Primary · Academy converter.
Academies in a trust don't hold money on their own: VOYAGE EDUCATION PARTNERSHIP 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 | £991k | £993k | -£2k | £62k | 204 |
2019-20 | £1.0m | £1.0m | -£24k | £37k | 183 |
2020-21 | £1.0m | £965k | +£77k | £115k | 176 |
2021-22 | £1.1m | £1.1m | +£4k | £119k | 183 |
2023-24 | £1.4m | £1.3m | +£72k | £2k | 179 |
2024-25 | £1.5m | £1.4m | +£132k | £40k | 182 |
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 23% of them. It spends £7,462 a pupil in total; similar schools typically spend £7,925.
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 | £3,511 | £3,590 | £3,239–£3,863 |
Support staff (e.g. TAs) | £1,962 | £1,568 | £1,097–£1,699 |
Supply staff | £0 | £170 | £98–£394 |
Admin and clerical | £269 | £359 | £312–£450 |
Premises | £401 | £484 | £365–£572 |
Energy | £126 | £142 | £82–£172 |
Learning resources & ICT | £225 | £330 | £198–£387 |
Bought-in services | £126 | £325 | £123–£456 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Morice Town Primary Academy Large reserves
- St Theresa's RC Primary School, a Voluntary Academy Healthy
- St Oswald's Catholic Primary, Wrekenton Large reserves
- Hanbury's Farm Community Primary School Healthy
- Cobholm Primary Academy Healthy
- Bishop David Sheppard Church of England Primary School Healthy
- Padiham Green Church of England Primary School Large reserves
- Mill Hill Primary School Healthy
- Tower Hill Community Primary School Tight
- St Mary's Catholic Primary School Large reserves
- Netherhall St James CofE (VC) Infant and Nursery School Healthy
- Limbrick Wood Primary School Large reserves
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £1.4m | £7,967 |
SEN funding (part of grants) | £130k | £714 |
Self-generated (lettings, catering, donations) | £40k | £220 |
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?
- Pupil numbers have fallen 11% since 2018-19. How is the school planning for fewer pupils, and the funding that goes with them?
- Spending on support staff (e.g. tas) is £1,962 a pupil, against a typical £1,568 for similar schools. What's behind that?
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 Leake Primary Academy · All Lincolnshire school finances