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St George's Church of England Aided Primary School: school finances

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

Healthy

Holds £72k £497 per pupil in reserve, 6% of a year's income.

Status by year

  1. 2018-19 Healthy reserve between 3% and 8% of a year's income
  2. 2019-20 Large reserves reserve 8% or more of a year's income
  3. 2020-21 Large reserves same as the year before
  4. 2021-22 Large reserves same as the year before
  5. 2022-23 Heading for deficit spending more than it received, reserve running down
  6. 2023-24 In deficit reserve below zero
  7. 2024-25 Tight reserve under 3% of a year's income
  8. 2025-26 Healthy reserve between 3% and 8% of a year's income

Government funding vs spending per pupil

In 2025-26, government funding was £1.2m £8,309 per pupil and spending £1.1m £7,979 per pupil. Government funding was £47k £329 per pupil more than spending.

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 £4k, spending £4k; 2019-20: funding £5k, spending £5k; 2020-21: funding £5k, spending £5k; 2021-22: funding £5k, spending £6k; 2022-23: funding £6k, spending £6k; 2023-24: funding £7k, spending £7k; 2024-25: funding £7k, spending £7k; 2025-26: funding £8k, spending £8k£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: £136; 2019-20: £440; 2020-21: £502; 2021-22: £460; 2022-23: £219; 2023-24: -£9; 2024-25: £24; 2025-26: £497-£200£0£200£400£6002019-202021-222023-242025-26ReserveSimilarReserve

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

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2025-26144.0£1.2m £8,451 per pupil£1.1m £7,979 per pupil+£68k +£471 per pupil£72k £497 per pupil
2024-25158.0£1.2m £7,516 per pupil£1.2m £7,483 per pupil+£5k +£34 per pupil£4k £24 per pupil
2023-24173.0£1.2m £6,781 per pupil£1.2m £7,026 per pupil-£42k -£245 per pupil-£2k -£9 per pupil
2022-23186.0£1.1m £5,827 per pupil£1.1m £6,071 per pupil-£45k -£244 per pupil£41k £219 per pupil
2021-22187.0£1.0m £5,468 per pupil£1.0m £5,529 per pupil-£11k -£61 per pupil£86k £460 per pupil
2020-21194.0£967k £4,984 per pupil£955k £4,922 per pupil+£12k +£62 per pupil£97k £502 per pupil
2019-20194.0£950k £4,897 per pupil£891k £4,592 per pupil+£59k +£306 per pupil£85k £440 per pupil
2018-19191.0£851k £4,457 per pupil£856k £4,484 per pupil-£5k -£26 per pupil£26k £136 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£1.2m £8,451 per pupil+90% +45% real£9k
Government funding£1.2m £8,309 per pupil+96% +49% real£9k
Special needs (SEN) funding£92k £642 per pupil+723% +529% real£509
Pupil premium£100k £696 per pupil+196% +127% real£747
Money the school raised itself£20k £142 per pupil-33% -49% real£318
Donations (day-to-day)£0 £0 per pupil recorded£1
Donations for buildings and equipment£0 £0 per pupil£0
Facilities and services£11k £76 per pupil-39% -53% real£123
Catering income£8k £53 per pupil+279% +194% real£39
Other DfE grants£39k £273 per pupil+53% +17% real£234

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£1.1m £7,979 per pupil+78% +36% real£9k
Teachers£561k £3,898 per pupil+110% +60% real£4k
Supply staff£17k £118 per pupil+66% +27% real£223
Support staff£218k £1,511 per pupil+95% +49% real£2k
Office and admin staff£43k £298 per pupil+99% +51% real£421
Premises staff£37k £258 per pupil+87% +43% real£229
Catering staff£0 £0 per pupil£0
Other staff costs£47k £330 per pupil-35% -51% real£295
All staff costs£895k £6,215 per pupil+83% +39% real£7k
Premises£62k £428 per pupil+50% +14% real£513
Energy£12k £86 per pupil+197% +126% real£122
Rates, water and other building costs£100k £696 per pupil+113% +63% real£773
Catering£75k £519 per pupil+139% +83% real£412
Learning resources£52k £363 per pupil+57% +20% real£347
Supplies and services£86k £599 per pupil+31% -0% real£823
Bought-in services£24k £169 per pupil-20% -39% real£377

Staff costs were 78% 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 £1.1m £7,979 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. 2018-19 191.0
  2. 2019-20 194.0
  3. 2020-21 194.0
  4. 2021-22 187.0
  5. 2022-23 186.0
  6. 2023-24 173.0
  7. 2024-25 158.0
  8. 2025-26 144.0

Pupil numbers fell from 191.0 to 144.0 (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. 2023-24: raised £35; 2024-25: raised £42; 2025-26: raised £24£20£25£30£35£402023-242024-252025-26RaisedSpent
Each school year's returns, newest first
School yearRaisedSpent
2026-27
year to August 2026
£8k£9k
2025-26
year to August 2025
£3k £24 per pupil£4k £27 per pupil
2024-25
year to August 2024
£7k £42 per pupil£5k £33 per pupil
2023-24
year to August 2023
£6k £35 per pupil£6k £32 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 5 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. How many pupils does St George's Church of England Aided 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)
  2. How many pupils at St George's Church of England Aided Primary School have an EHCP or need extra support, and how is support above the first £6,000 a year funded? Why ask: Mainstream schools are expected to fund the first £6,000 a year per pupil from their core budget. (IFS, p. 46)
  3. How much does the PTA (or friends' association) raise each year, and what does it pay for?
  4. Is the school planning to merge classes, share staff or work more closely with another school?
  5. Does the council's top-up money arrive on time and cover what the support actually costs?
  6. How does St George's Church of England Aided 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. 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)
  8. Is the council's high needs budget in deficit, and could that affect the school's top-ups? Why ask: Councils' accumulated high needs deficits are forecast to reach £14 billion by 2028. Statutory override: since 2020-21 DSG deficits are held in a separate unusable reserve rather than met from council general funds. The override runs to the end of 2027-28. Under the February 2026 approach, the High Needs Stability Grant pays 90% of each LA's eligible DSG deficit at 31 March 2026 from autumn 2026, so 2026-27 balances will fall sharply. (IFS, p. 61)

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.

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