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St James Church of England Primary School: school finances

Latest full year 2025-26, as a council-run school (CFR return, April to March). Haringey · Primary · Voluntary aided school

In deficit

In deficit by £308k £1,630 per pupil, 19% of a year's income: it has spent more over the years than it received. It has spent more than it received for 3 years running.

Why schools go into deficit. Most of a school's money goes on people: over 80% of schools' costs are staff costs. So when pay and other costs rise faster than funding, or a school loses pupils and the money that comes with each one, the budget is squeezed quickly and staffing is the only big thing left to cut. In 2024–25 and 2025–26, mainstream school funding per pupil grew by 2 percentage points less than school costs, partly because rising special needs costs took a large share of the extra money. A deficit usually comes from several of these pressures at once, not one bad decision. (IFS, pp. 62–63)

What helps. Schools in this position usually agree a recovery plan with the council, often over two or three years, and governors check progress against it each term. The questions further down are a good way to start that conversation.

Status by year

  1. 2018-19 Tight reserve under 3% of a year's income
  2. 2019-20 Tight same as the year before
  3. 2020-21 Tight same as the year before
  4. 2021-22 Tight same as the year before
  5. 2022-23 Healthy reserve between 3% and 8% of a year's income
  6. 2023-24 In deficit reserve below zero
  7. 2024-25 In deficit same as the year before
  8. 2025-26 In deficit same as the year before

Government funding vs spending per pupil

In 2025-26, government funding was £1.4m £7,609 per pupil and spending £1.8m £9,542 per pupil. Spending was £365k £1,933 per pupil more than government funding; the difference came from other income, such as lettings, catering or donations, or from the school's reserve.

Government funding and spending per pupil, 2018-19 to 2025-26Government funding and spending per pupil each year, 2018-19 to 2025-26. 2018-19: funding £5k, spending £6k; 2019-20: funding £5k, spending £6k; 2020-21: funding £5k, spending £6k; 2021-22: funding £6k, spending £7k; 2022-23: funding £7k, spending £7k; 2023-24: funding £7k, spending £8k; 2024-25: funding £7k, spending £9k; 2025-26: funding £8k, spending £10k£4,000£6,000£8,0002019-202021-222023-242025-26Gov. fundingSpendingSimilarGov. fundingSpending

Funding is the money a school receives; spending is what it pays out. The two differ when a school adds to or draws on its savings, and because some money is spent on its pupils by someone else: the council (for example special needs top-ups and transport) or, for academies, the trust's central team. (IFS, pp. 7, 10, 46, 52, 54)

Government funding is the academy accounts line "grant funding from government" in academy (AAR) years and the CFR grant funding total in council-run years. The two are not strictly comparable: CFR line I07 can include some money that is not from government.

Real terms: in 2025-26 prices (HM Treasury GDP deflator, October 2026).

Reserve per pupil by year

Reserve per pupil, 2018-19 to 2025-26Reserve per pupil at the end of each year. 2018-19: £81; 2019-20: £154; 2020-21: £54; 2021-22: £45; 2022-23: £228; 2023-24: -£129; 2024-25: -£831; 2025-26: -£2k-£2,000-£1,000£02019-202021-222023-242025-26ReserveSimilarReserve

Real terms: in 2025-26 prices (HM Treasury GDP deflator, October 2026).

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2025-26189.0£1.7m £8,747 per pupil£1.8m £9,542 per pupil-£150k -£795 per pupil-£308k -£1,630 per pupil
2024-25190.0£1.5m £7,988 per pupil£1.7m £8,695 per pupil-£134k -£707 per pupil-£158k -£831 per pupil
2023-24182.0£1.5m £8,009 per pupil£1.5m £8,379 per pupil-£67k -£371 per pupil-£23k -£129 per pupil
2022-23193.0£1.5m £7,548 per pupil£1.4m £7,370 per pupil+£34k +£178 per pupil£44k £228 per pupil
2021-22219.0£1.5m £6,705 per pupil£1.5m £6,699 per pupil+£1k +£5 per pupil£10k £45 per pupil
2020-21244.0£1.4m £5,595 per pupil£1.4m £5,697 per pupil-£25k -£103 per pupil£13k £54 per pupil
2019-20248.0£1.5m £5,992 per pupil£1.5m £5,920 per pupil+£18k +£72 per pupil£38k £154 per pupil
2018-19251.0£1.4m £5,505 per pupil£1.4m £5,637 per pupil-£33k -£133 per pupil£20k £81 per pupil

Where the money comes from

Income in 2025-26, with the trend per pupil since 2018-19
Line2025-26Trend per pupilChange per pupil since 2018-19Similar schools (median per pupil)
Total income£1.7m £8,747 per pupil+59% +21% real£8k
Government funding£1.4m £7,609 per pupil+55% +18% real£8k
Special needs (SEN) funding£86k £457 per pupil+108% +59% real£369
Pupil premium£20k £104 per pupil+14% -13% real£150
Money the school raised itself£215k £1,138 per pupil+94% +48% real£668
Donations (day-to-day)£72k £382 per pupil+21% -8% real£91
Donations for buildings and equipment£135k £714 per pupil£0
Facilities and services£94k £495 per pupil+578% +421% real£288
Catering income£8k £41 per pupil-60% -69% real£3
Other DfE grants£73k £386 per pupil+82% +38% real£299

Other DfE grants is a container line. It includes the grants that cover higher employer pension and National Insurance costs, which cannot be separated out, so no figure is shown for them on their own. Not every rise in a school's income is extra spending power. When the government raised what schools pay as employers into staff pensions and National Insurance, it gave schools grants to cover the bill. The IFS describes this as extra money to pay for extra outgoings, with no change in real resources. About £2.3 billion of the growth in school funding between 2019–20 and 2025–26 was this kind of grant. So when a school's income jumps, check whether its staff costs jumped by the same amount: the money may simply have passed through. (IFS, p. 50)

Where it goes

Spending in 2025-26, with the trend per pupil since 2018-19
Line2025-26Trend per pupilChange per pupil since 2018-19Similar schools (median per pupil)
Total spending£1.8m £9,542 per pupil+69% +29% real£8k
Teachers£789k £4,174 per pupil+73% +32% real£4k
Supply staff£34k £181 per pupil-64% -72% real£186
Support staff£275k £1,456 per pupil+175% +109% real£1k
Office and admin staff£130k £690 per pupil+154% +94% real£509
Premises staff£69k £366 per pupil+101% +53% real£213
Catering staff£0 £0 per pupil£0
Other staff costs£106k £561 per pupil+163% +101% real£281
All staff costs£1.3m £7,061 per pupil+80% +37% real£6k
Premises£118k £624 per pupil+63% +25% real£492
Energy£19k £101 per pupil+71% +29% real£103
Rates, water and other building costs£120k £634 per pupil+61% +23% real£719
Catering£81k £426 per pupil+64% +25% real£443
Learning resources£113k £600 per pupil+46% +11% real£402
Supplies and services£216k £1,141 per pupil+23% -6% real£941
Bought-in services£81k £431 per pupil-13% -34% real£425

Staff costs were 74% of this school's spending in 2025-26. Across England, over 80% of schools' costs are staff costs. (IFS, p. 63)

In 2025-26 prices, this school spent £1.8m £9,542 per pupil in 2025-26. Across England, primary schools are expected to spend about £7,000 per pupil in 2025–26. (IFS, p. 7)

Pupils by year

  1. 2018-19 251.0
  2. 2019-20 248.0
  3. 2020-21 244.0
  4. 2021-22 219.0
  5. 2022-23 193.0
  6. 2023-24 182.0
  7. 2024-25 190.0
  8. 2025-26 189.0

Pupil numbers fell from 251.0 to 189.0 (25% fewer) over the years shown.

Schools are mostly funded per pupil, so fewer pupils means less money. Costs do not fall in step: a class with a few fewer pupils still needs a teacher. Primary schools in England have already lost about 100,000 pupils (3%) between 2019–20 and 2024–25, and are expected to lose over 300,000 more (about 8%) by 2030–31. Secondary numbers are expected to start falling from about 2026–27. The IFS points out that money is only saved if schools actually reduce what they spend, such as staff or the number of schools. That is why a well-run school with falling numbers can still find its budget under pressure. (IFS, pp. 19, 64)

Money raised by parents

Parents' association money per pupilParents' association income and spending per pupil. 2021-22: raised £84; 2022-23: raised £113; 2023-24: raised £403; 2024-25: raised £458; 2025-26: raised £413£0£200£4002021-222022-232023-242024-252025-26RaisedSpent
Each school year's returns, newest first
School yearRaisedSpent
2025-26
year to August 2025
£78k £413 per pupil£99k £526 per pupil
2024-25
year to August 2024
£87k £458 per pupil£69k £361 per pupil
2023-24
year to August 2023
£73k £403 per pupil£40k £222 per pupil
2022-23
year to August 2022
£22k £113 per pupil£27k £139 per pupil
2021-22
year to August 2021
£18k £84 per pupil£28k £126 per pupil

Each return is placed in the school year that holds the end of the charity's financial year, and per-pupil figures use that year's pupils. A parents' association's money is its own and isn't in the school's accounts above. Money a parents' association gives the school can also appear in the school's own accounts as donations, so the two can overlap. They are shown separately here and never added together.

Across England, the typical registered parents' association raised £50 per pupil in 2025-26.

Intake and area

council-run · Primary · Mixed · Church of England

Intake band 2 of 5 nationally, combining free-school-meal eligibility and the deprivation of the school's neighbourhood (1 = least disadvantaged, 5 = most).

Context, not a judgement: schools with different intakes get different funding and face different costs.

How my school's money is split

For pupils: out of every pound the school spent in 2025-26, here is roughly where it went, with the amount for each pupil.

National context

Questions to ask the school

Useful for parents, governors and PTFA committees.

  1. What is the plan to get St James Church of England Primary School back into balance, and how many years will it take? Has the council agreed it?
  2. How many pupils does St James Church of England Primary School expect in each year group over the next three years? Why ask: Primary pupil numbers in England are expected to fall by over 300,000 (about 8%) by 2030–31. (IFS, p. 19)
  3. How much does the PTA (or friends' association) raise each year, and what does it pay for?
  4. What is driving the deficit: falling pupil numbers, staff costs, special needs support, or something else? Why ask: Over 80% of schools' costs are staff costs. (IFS, p. 63)
  5. Is the school planning to merge classes, share staff or work more closely with another school?
  6. How does St James Church of England Primary School's spending per pupil compare with similar schools, and why? Why ask: Nationally, primaries spend about £7,000 and secondaries about £7,800 per pupil in 2025–26. (IFS, p. 7)
  7. Will the recovery plan change class sizes, the subjects on offer or the number of support staff?
  8. Has the council talked about reducing places, merging or closing schools in this area? Why ask: The IFS notes savings from falling numbers only come if staff or the number of schools are reduced. (IFS, p. 64)

Check at source

Every figure here comes from the school's published return. Check it on the DfE benchmarking page for this school, and see how the figures are worked out.

Similar schools: the closest in phase, size and share of pupils on free school meals.

Compare side by side