Schools in Reach

Gig Mill Primary School: school finances

In deficit

In deficit by £429k, 12% of a year's income: it has spent more over the years than it received.

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

Reserve at year end
-£429k-12% of a year's income
Last year's balance
-£107kincome minus spending
Income per pupil
£6,521
Pupils
568-9% since 2018-19

Academies in a trust don't hold money on their own: HALES VALLEY TRUST 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

-£600k-£400k-£200k£0£200k2018-19: £173k reserve2018-192019-20: £232k reserve2019-202020-21: £206k reserve2020-212021-22: £194k reserve2021-222022-23: £244k reserve2022-232024-25: -£429k reserve2024-25

Income and spending, 2018-19 to 2024-25

Income Spending

£2.5m£3.0m£3.5mIncomeSpending2018-19: income £3.0m, spending £3.0m2018-192019-20: income £3.1m, spending £3.1m2019-202020-21: income £3.2m, spending £3.2m2020-212021-22: income £3.3m, spending £3.3m2021-222022-23: income £3.5m, spending £3.5m2022-232024-25: income £3.7m, spending £3.8m2024-25
Show the figures as a table
YearIncomeSpendingBalanceReservePupils
2018-19
£3.0m
£3.0m
-£12k
£173k
621
2019-20
£3.1m
£3.1m
+£59k
£232k
620
2020-21
£3.2m
£3.2m
-£26k
£206k
616
2021-22
£3.3m
£3.3m
-£12k
£194k
603
2022-23
£3.5m
£3.5m
+£50k
£244k
580
2024-25
£3.7m
£3.8m
-£107k
-£429k
568

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 3% of them. It spends £6,710 a pupil in total; similar schools typically spend £6,540.

This school Middle half of similar schools Similar schools’ median

Teachers: this school £3,315 per pupil; similar schools £3,172 (middle half £2,995–£3,417)Teachers£3,315Support staff (e.g. TAs): this school £1,144 per pupil; similar schools £1,301 (middle half £1,192–£1,573)Support staff (e.g. TAs)£1,144Supply staff: this school £468 per pupil; similar schools £88 (middle half £20–£147)Supply staff£468Admin and clerical: this school £333 per pupil; similar schools £275 (middle half £217–£332)Admin and clerical£333Premises: this school £292 per pupil; similar schools £312 (middle half £268–£359)Premises£292Energy: this school £164 per pupil; similar schools £81 (middle half £65–£104)Energy£164Learning resources & ICT: this school £220 per pupil; similar schools £249 (middle half £206–£298)Learning resources & ICT£220Bought-in services: this school £56 per pupil; similar schools £108 (middle half £51–£189)Bought-in services£56
Show the comparison as a table
Spending per pupilThis schoolSimilar schools (median)Middle half
Teachers
£3,315
£3,172
£2,995–£3,417
Support staff (e.g. TAs)
£1,144
£1,301
£1,192–£1,573
Supply staff
£468
£88
£20–£147
Admin and clerical
£333
£275
£217–£332
Premises
£292
£312
£268–£359
Energy
£164
£81
£65–£104
Learning resources & ICT
£220
£249
£206–£298
Bought-in services
£56
£108
£51–£189

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
£3.5m
£6,171
SEN funding (part of grants)
£261k
£460
Self-generated (lettings, catering, donations)
£199k
£350

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 Gig Mill Primary School · All Dudley school finances