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St Matthew's Church of England Primary School: school finances

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

Healthy

Holds £95k £498 per pupil in reserve, 6% of a year's income.

Status by year

  1. 2018-19 Large reserves reserve 8% or more of a year's income
  2. 2019-20 Large reserves same as the year before
  3. 2020-21 Large reserves same as the year before
  4. 2021-22 Healthy reserve between 3% and 8% of a year's income
  5. 2022-23 Healthy same as the year before
  6. 2023-24 Tight reserve under 3% of a year's income
  7. 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 £1.6m £8,330 per pupil and spending £1.5m £8,047 per pupil. Government funding was £54k £283 per pupil more than spending.

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 £6k, spending £6k; 2021-22: funding £6k, spending £6k; 2022-23: funding £6k, spending £6k; 2023-24: funding £7k, spending £7k; 2024-25: funding £8k, spending £8k£5,000£6,000£7,000£8,0002018-192020-212022-232024-25Gov. 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: £951; 2019-20: £670; 2020-21: £660; 2021-22: £412; 2022-23: £471; 2023-24: £0; 2024-25: £508£0£500£1,0002018-192020-212022-232024-25ReserveSimilarReserve

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

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2024-25191.0£1.6m £8,393 per pupil£1.5m £8,047 per pupil+£66k +£346 per pupil£97k £508 per pupil
2023-24208.0£1.5m £7,029 per pupil£1.4m £6,736 per pupil+£61k +£293 per pupil£0 £0 per pupil
2022-23210.0£1.3m £6,381 per pupil£1.3m £6,062 per pupil+£67k +£319 per pupil£99k £471 per pupil
2021-22199.0£1.2m £6,035 per pupil£1.2m £6,055 per pupil-£4k -£20 per pupil£82k £412 per pupil
2020-21200.0£1.2m £5,850 per pupil£1.1m £5,665 per pupil+£37k +£185 per pupil£132k £660 per pupil
2019-20204.5£1.1m £5,252 per pupil£1.1m £5,340 per pupil-£18k -£88 per pupil£137k £670 per pupil
2018-19205.0£1.1m £5,268 per pupil£1.1m £5,166 per pupil+£21k +£102 per pupil£195k £951 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£1.6m £8,393 per pupil+59% +25% real£8k
Government funding£1.6m £8,330 per pupil+62% +28% real£8k
Special needs (SEN) funding£118k £618 per pupil+645% +483% real£380
Pupil premiumNot reported in academy accounts
Money the school raised itself£25k £131 per pupil+2520% +2117% real£140
Donations (day-to-day)£0 £0 per pupil recorded£4
Donations for buildings and equipmentNot reported in academy accounts
Facilities and services£12k £63 per pupil£68
Catering income£10k £52 per pupil£39
Other DfE grants£54k £283 per pupil-3% -24% real£196

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£1.5m £8,047 per pupil+56% +22% real£8k
Teachers£1.1m £5,623 per pupil+160% +105% real£3k
Supply staff£19k £99 per pupil+125% +77% real£228
Support staff£54k £283 per pupil-74% -79% real£2k
Office and admin staff£66k £346 per pupil+29% +1% real£414
Premises staff£26k £136 per pupil-13% -31% real£199
Catering staff£0 £0 per pupil£0
Other staff costs£46k £241 per pupil+24% -3% real£200
All staff costs£1.3m £6,592 per pupil+76% +38% real£6k
Premises£49k £257 per pupil-4% -25% real£463
Energy£25k £131 per pupil+108% +62% real£150
Rates, water and other building costs£109k £571 per pupil+75% +37% real£663
Catering£63k £330 per pupil+99% +56% real£389
Learning resources£34k £178 per pupil+18% -8% real£402
Supplies and services£115k £602 per pupil+26% -1% real£726
Bought-in services£35k £183 per pupil+2% -20% real£224

Staff costs were 82% 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 £1.6m £8,202 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. 2018-19 205.0
  2. 2019-20 204.5
  3. 2020-21 200.0
  4. 2021-22 199.0
  5. 2022-23 210.0
  6. 2023-24 208.0
  7. 2024-25 191.0

Pupil numbers fell from 205.0 to 191.0 (7% 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)

Income that passed straight through

In 2024-25, this school's income rose by +£141k +£738 per pupil on the year before, and its staff costs by +£170k +£890 per pupil. Much of the extra money may have gone straight out again on higher pay, pension and National Insurance costs.

About £2.3 billion of the rise in school funding since 2019–20 was grants to cover higher employer pension and National Insurance costs, not extra spending power. (IFS, p. 50)

Trust central spending

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

  1. 2018-19 £260
  2. 2019-20 £275
  3. 2020-21 £312
  4. 2021-22 £269
  5. 2022-23 £359
  6. 2023-24 £362
  7. 2024-25 £346

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

No registered parents' association found for St Matthew's Church of England Primary School. Charities with an income of £5,000 or less a year don't have to register with the Charity Commission, so many schools have an active PTA or friends' group that isn't on the register.

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

Intake and area

academy · Primary · Mixed · CHESTER DIOCESAN ACADEMIES TRUST (multi-academy trust) · 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 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. How many pupils does St Matthew's 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)
  2. How many pupils at St Matthew's 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)
  3. How much of St Matthew's Church of England Primary School's funding does CHESTER DIOCESAN 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)
  4. How much does the PTA (or friends' association) raise each year, and what does it pay for?
  5. Is the school planning to merge classes, share staff or work more closely with another school?
  6. Does the council's top-up money arrive on time and cover what the support actually costs?
  7. Does the school's reserve figure include its share of the trust's central reserves?
  8. How does St Matthew's 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.

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