Chudleigh Knighton Church of England Primary School: school finances
Latest full year 2024-25, as an academy (accounts return, September to August). Devon · Primary · Academy converter
Healthy
Holds £23k £277 per pupil in reserve, 3% of a year's income.
Status by year
- 2020-21 Tight reserve under 3% of a year's income
- 2021-22 Tight same as the year before
- 2022-23 Tight same as the year before
- 2023-24 Tight same as the year before
- 2024-25 Healthy reserve between 3% and 8% of a year's income
Government funding vs spending per pupil
In 2024-25, government funding was £716k £8,627 per pupil and spending £688k £8,289 per pupil. Government funding was £28k £337 per pupil more than spending.
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
Real terms: in 2025-26 prices (HM Treasury GDP deflator, October 2026).
| Year | Pupils | Income | Spending | In-year balance | Reserve at year end |
|---|---|---|---|---|---|
| 2024-25 | 83.0 | £735k £8,855 per pupil | £688k £8,289 per pupil | +£47k +£566 per pupil | £0 £0 per pupil |
| 2023-24 | 94.0 | £694k £7,383 per pupil | £616k £6,553 per pupil | +£78k +£830 per pupil | £0 £0 per pupil |
| 2022-23 | 100.0 | £687k £6,870 per pupil | £603k £6,030 per pupil | +£84k +£840 per pupil | £0 £0 per pupil |
| 2021-22 | 100.5 | £651k £6,478 per pupil | £531k £5,284 per pupil | +£120k +£1,194 per pupil | £0 £0 per pupil |
| 2020-21 | 110.0 | £716k £6,509 per pupil | £615k £5,591 per pupil | +£101k +£918 per pupil | £0 £0 per pupil |
Where the money comes from
| Line | 2024-25 | Trend per pupil | Change per pupil since 2020-21 | Similar schools (median per pupil) |
|---|---|---|---|---|
| Total income | £735k £8,855 per pupil | +36% +14% real | £9k | |
| Government funding | £716k £8,627 per pupil | +60% +34% real | £8k | |
| Special needs (SEN) funding | £53k £639 per pupil | +341% +270% real | £380 | |
| Pupil premium | Not reported in academy accounts | |||
| Money the school raised itself | £13k £157 per pupil | -86% -88% real | £336 | |
| Donations (day-to-day) | £4k £48 per pupil | -95% -96% real | £18 | |
| Donations for buildings and equipment | Not reported in academy accounts | |||
| Facilities and services | £2k £24 per pupil | +33% +14% real | £80 | |
| Catering income | £5k £60 per pupil | -6% -21% real | £66 | |
| Other DfE grants | £1k £12 per pupil | £334 | ||
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)
Academy accounts don't report pupil premium as a separate line, so it is shown as not reported rather than as zero.
Where it goes
| Line | 2024-25 | Trend per pupil | Change per pupil since 2020-21 | Similar schools (median per pupil) |
|---|---|---|---|---|
| Total spending | £688k £8,289 per pupil | +48% +25% real | £8k | |
| Teachers | £304k £3,663 per pupil | +51% +27% real | £4k | |
| Supply staff | £15k £181 per pupil | +1911% +1573% real | £245 | |
| Support staff | £98k £1,181 per pupil | +41% +19% real | £1k | |
| Office and admin staff | £31k £373 per pupil | +58% +33% real | £476 | |
| Premises staff | £0 £0 per pupil | £177 | ||
| Catering staff | £0 £0 per pupil | -100% -100% real | £0 | |
| Other staff costs | £15k £181 per pupil | +570% +458% real | £325 | |
| All staff costs | £463k £5,578 per pupil | +58% +33% real | £7k | |
| Premises | £37k £446 per pupil | +82% +52% real | £475 | |
| Energy | £17k £205 per pupil | +181% +138% real | £162 | |
| Rates, water and other building costs | £29k £349 per pupil | -72% -76% real | £708 | |
| Catering | £1k £12 per pupil | -90% -92% real | £324 | |
| Learning resources | £24k £289 per pupil | +38% +16% real | £394 | |
| Supplies and services | £159k £1,916 per pupil | +234% +181% real | £881 | |
| Bought-in services | £53k £639 per pupil | +134% +97% real | £266 |
Staff costs were 67% of this school's spending in 2024-25. Across England, over 80% of schools' costs are staff costs. (IFS, p. 63)
In 2025-26 prices, this school spent £701k £8,449 per pupil in 2024-25. Across England, primary schools are expected to spend about £7,000 per pupil in 2025–26. (IFS, p. 7)
Academy figures exclude the trust's central spending on its schools, so they can look lower than a council-run school's. See the trust's central spending below.
Pupils by year
- 2020-21 110.0
- 2021-22 100.5
- 2022-23 100.0
- 2023-24 94.0
- 2024-25 83.0
Pupil numbers fell from 110.0 to 83.0 (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)
Trust central spending
What THE FIRST FEDERATION TRUST spent centrally per pupil, on top of this school's own accounts:
- 2020-21 £605
- 2021-22 £715
- 2022-23 £938
- 2023-24 £871
- 2024-25 £324
These are cash figures. The IFS average below is in 2025-26 prices.
On average, academy trusts spent £510 per pupil centrally in 2023–24, money that is not counted in their individual schools' own spending. (IFS, p. 56)
Money raised by parents
| School year | Raised | Spent |
|---|---|---|
| 2024-25 year to September 2024 | £4k £46 per pupil | £4k £45 per pupil |
| 2023-24 year to September 2023 | £2k £22 per pupil | £2k £19 per pupil |
| 2022-23 year to September 2022 | £2k £19 per pupil | £2k £15 per pupil |
| 2021-22 year to September 2021 | £2k £22 per pupil | £3k £34 per pupil |
- PARENT, TEACHER AND FRIENDS ASSOCIATION, CHUDLEIGH KNIGHTON (COFE) PRIMARY SCHOOL (charity 1028018) Latest return: £4k £46 per pupil in the year to September 2024.
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
- 25% of pupils eligible for free school meals (median school: council 19%, England 22%)
- Neighbourhood deprivation decile 5 of 10 (1 = most deprived)
- Income deprivation affecting children: decile 6 of 10 (1 = most deprived)
- 34% of adults nearby hold a degree-level qualification
- 76% of nearby homes are owner-occupied
- 10% of nearby homes are social rented
Intake band 3 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 2024-25, here is roughly where it went, with the amount for each pupil.
- Teachers £319k £3,843 per pupil
- Support staff £98k £1,181 per pupil
- Buildings and grounds £37k £446 per pupil
- Energy £17k £205 per pupil
- Learning resources £24k £289 per pupil
- Everything else £193k £2,325 per pupil
National context
- Primary pupil numbers in England are expected to fall by over 300,000 (about 8%) between 2024–25 and 2030–31. (IFS, p. 19)
- Council-run primary schools spend about £400 (6%) more per pupil than primary academies, and council-run secondaries about £300 (4%) more, partly because trusts spend some money centrally. (IFS, p. 56)
- Mainstream schools are expected to fund the first £6,000 a year of extra support for a pupil with special needs from their own budget. (IFS, p. 46)
Questions to ask the school
Useful for parents, governors and PTFA committees.
- How many pupils does Chudleigh Knighton 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)
- How many pupils at Chudleigh Knighton Church of England 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)
- How much of Chudleigh Knighton Church of England Primary School's funding does THE FIRST FEDERATION TRUST keep centrally each year, and what does the school get for it? Why ask: Academy trusts spent £510 per pupil centrally in 2023–24 on average. (IFS, p. 56)
- How much does the PTA (or friends' association) raise each year, and what does it pay for?
- Is the school planning to merge classes, share staff or work more closely with another school?
- Does the council's top-up money arrive on time and cover what the support actually costs?
- Does the school's reserve figure include its share of the trust's central reserves?
- How does Chudleigh Knighton 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)
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.
- Terrington Church of England Voluntary Aided Primary School
- Corfe Castle Church of England Primary School
- Bodiam Church of England Primary School
- Westhouses Primary School
- Hesleden Primary School
Admissions and catchments for Chudleigh Knighton Church of England Primary School on Schools in Reach · All Devon school finances · Schools in Central Devon · THE FIRST FEDERATION TRUST
- DfE Financial Benchmarking and Insights Tool data: CFR returns for council-run schools (April to March) and academy accounts returns (September to August), Open Government Licence v3.0
- Get Information about Schools, Open Government Licence v3.0
- Charity Commission register, Open Government Licence v3.0
- National context: IFS, Annual report on education spending in England: 2025–26 (January 2026); IFS figures are in 2025-26 prices (HM Treasury GDP deflator, November 2025)
- Real-terms figures on this page: in 2025-26 prices (HM Treasury GDP deflator, October 2026)