Virginia Primary School: school finances
Large reserves
Holds £251k in reserve, 12% of a year's income. It has been drawing on it for 2 years.
Latest full year 2024-25, as a council-run school (CFR return, April–March). Tower Hamlets · Primary · Academy converter.
Earlier years come from this school's return before it became an academy (a different DfE number).
A 2024-25 return is published too, but it covers part of a year or leaves out the income or reserve figure, so the latest complete year is shown.
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 | £1.7m | £1.7m | +£1k | £40k | 212 |
2019-20 | £1.7m | £1.7m | -£2k | £38k | 212 |
2020-21 | £1.7m | £1.6m | +£113k | £151k | 211 |
2021-22 | £1.7m | £1.7m | +£50k | £201k | 213 |
2022-23 | £1.9m | £1.8m | +£86k | £287k | 216 |
2023-24 | £1.9m | £1.9m | -£25k | £263k | 206 |
2024-25 | £2.0m | £2.0m | -£12k | £251k | 216 |
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 73% of them. It spends £9,395 a pupil in total; similar schools typically spend £9,398.
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 | £3,990 | £4,115 | £3,559–£4,657 |
Support staff (e.g. TAs) | £1,620 | £1,658 | £1,403–£1,985 |
Supply staff | £5 | £444 | £161–£683 |
Admin and clerical | £440 | £512 | £431–£622 |
Premises | £1,375 | £542 | £464–£704 |
Energy | £171 | £173 | £140–£285 |
Learning resources & ICT | £447 | £347 | £259–£522 |
Bought-in services | £341 | £508 | £231–£681 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Our Lady of Lourdes Catholic Primary School Large reserves
- Crown Lane Primary School Large reserves
- Longshaw Primary Academy Heading for deficit
- Ark Conway Primary Academy In deficit
- Herbert Morrison Primary School Healthy
- Donnington Primary School Large reserves
- Orion Blenheim Healthy
- St Mary's Lewisham Church of England Primary School Large reserves
- St Aidan's Catholic Primary Academy In deficit
- Kenmont Primary School Healthy
- Bond Primary School In deficit
- Langtons Junior Academy Tight
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £2.0m | £9,173 |
SEN funding (part of grants) | £168k | £779 |
Pupil premium (part of grants) | £83k | £385 |
Self-generated (lettings, catering, donations) | £36k | £165 |
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?
- Could any of the surplus be clawed back under the council's scheme for financing schools?
- Spending on premises is £1,375 a pupil, against a typical £542 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 Virginia Primary School · All Tower Hamlets school finances