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Queniborough Church of England Primary School: school finances

Latest full year 2024-25, as an academy (accounts return, September to August). Leicestershire · Primary · Academy converter

In deficit

In deficit by £202k £1,014 per pupil, 16% of a year's income: it has spent more over the years than it received.

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 LEARN ACADEMIES TRUST, 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 Healthy reserve between 3% and 8% of a year's income
  3. 2020-21 Tight reserve under 3% of a year's income
  4. 2021-22 Tight same as the year before
  5. 2022-23 Tight same as the year before
  6. 2024-25 In deficit reserve below zero

Government funding vs spending per pupil

In 2024-25, government funding was £1.2m £5,869 per pupil and spending £1.7m £8,573 per pupil. Spending was £538k £2,704 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 2024-25Government funding and spending per pupil each year, 2018-19 to 2024-25. 2018-19: funding £5k, spending £5k; 2019-20: funding £5k, spending £5k; 2020-21: funding £5k, spending £5k; 2021-22: funding £5k, spending £5k; 2022-23: funding £5k, spending £6k; 2024-25: funding £6k, spending £9k£4,000£6,000£8,0002019-202021-222024-25Gov. 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 2024-25Reserve per pupil at the end of each year. 2018-19: £136; 2019-20: £184; 2020-21: £134; 2021-22: £34; 2022-23: £118; 2024-25: -£965-£1,000-£500£0£5002019-202021-222024-25ReserveSimilarReserve

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

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2024-25199.0£1.3m £6,422 per pupil£1.7m £8,573 per pupil-£428k -£2,151 per pupil-£192k -£965 per pupil
2022-23204.0£1.2m £5,775 per pupil£1.2m £5,730 per pupil+£9k +£44 per pupil£24k £118 per pupil
2021-22206.0£1.1m £5,500 per pupil£1.1m £5,150 per pupil+£72k +£350 per pupil£7k £34 per pupil
2020-21209.0£1.1m £5,306 per pupil£1.1m £5,311 per pupil-£1k -£5 per pupil£28k £134 per pupil
2019-20206.0£1.1m £5,359 per pupil£1.1m £5,306 per pupil+£11k +£53 per pupil£38k £184 per pupil
2018-19206.0£1.0m £4,898 per pupil£1.0m £5,010 per pupil-£23k -£112 per pupil£28k £136 per pupil

Where the money comes from

Income in 2024-25, with the trend per pupil since 2018-19
Line2024-25Trend per pupilChange per pupil since 2018-19Similar schools (median per pupil)
Total income£1.3m £6,422 per pupil+31% +3% real£6k
Government funding£1.2m £5,869 per pupil+28% +1% real£6k
Special needs (SEN) funding£69k £347 per pupil+62% +27% real£244
Pupil premiumNot reported in academy accounts
Money the school raised itself£106k £533 per pupil+255% +178% real£412
Donations (day-to-day)£0 £0 per pupil recorded-100% -100% real£30
Donations for buildings and equipmentNot reported in academy accounts
Facilities and services£75k £377 per pupil+383% +280% real£152
Catering income£16k £80 per pupil+18% -7% real£101
Other DfE grants£0 £0 per pupil£250

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

Spending in 2024-25, with the trend per pupil since 2018-19
Line2024-25Trend per pupilChange per pupil since 2018-19Similar schools (median per pupil)
Total spending£1.7m £8,573 per pupil+71% +35% real£6k
Teachers£591k £2,970 per pupil+42% +12% real£3k
Supply staff£0 £0 per pupil-100% -100% real£74
Support staff£241k £1,211 per pupil+41% +11% real£1k
Office and admin staff£25k £126 per pupil-59% -68% real£285
Premises staff£35k £176 per pupil-19% -37% real£113
Catering staff£21k £106 per pupil-5% -26% real£0
Other staff costs£52k £261 per pupil-10% -30% real£184
All staff costs£919k £4,618 per pupil+29% +1% real£5k
Premises£581k £2,920 per pupil+653% +490% real£322
Energy£17k £85 per pupil-8% -28% real£115
Rates, water and other building costs£82k £412 per pupil+37% +8% real£596
Catering£59k £296 per pupil+79% +41% real£301
Learning resources£72k £362 per pupil+209% +144% real£375
Supplies and services£124k £623 per pupil-6% -26% real£618
Bought-in services£42k £211 per pupil-1% -22% real£174

Staff costs were 54% 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 £1.7m £8,738 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

  1. 2018-19 206.0
  2. 2019-20 206.0
  3. 2020-21 209.0
  4. 2021-22 206.0
  5. 2022-23 204.0
  6. 2024-25 199.0

Trust central spending

What LEARN ACADEMIES TRUST spent centrally per pupil, on top of this school's own accounts:

  1. 2018-19 £0
  2. 2019-20 £0
  3. 2020-21 £0
  4. 2021-22 £0
  5. 2022-23 £0
  6. 2024-25 £518

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

Parents' association money per pupilParents' association income and spending per pupil. 2021-22: raised £2; 2022-23: raised £9; 2023-24: raised £5; 2024-25: raised £6£0£5£10£152021-222022-232023-242024-25RaisedSpent
Each school year's returns, newest first
School yearRaisedSpent
2024-25
year to September 2024
£1k £6 per pupil£1k £6 per pupil
2023-24
year to September 2023
£1k£489
2022-23
year to September 2022
£2k £9 per pupil£4k £19 per pupil
2021-22
year to September 2021
£358 £2 per pupil£2k £12 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

academy · Primary · Mixed · LEARN ACADEMIES TRUST (multi-academy trust) · Church of England

Intake band 1 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.

National context

Questions to ask the school

Useful for parents, governors and PTFA committees.

  1. What is the plan to get Queniborough Church of England Primary School back into balance, and how many years will it take? Has LEARN ACADEMIES TRUST agreed it?
  2. How much of Queniborough Church of England Primary School's funding does LEARN ACADEMIES 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)
  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. Does the school's reserve figure include its share of the trust's central reserves?
  6. How does Queniborough 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. Can the trust move money between its schools, and has this school given or received any?

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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