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William de Yaxley Church of England Academy: school finances

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

Healthy

Holds £109k £530 per pupil in reserve, 7% 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 Heading for deficit spending more than it received, reserve running down
  3. 2020-21 Healthy reserve between 3% and 8% of a year's income
  4. 2021-22 Tight reserve under 3% of a year's income
  5. 2022-23 Tight same as the year before
  6. 2023-24 Tight same as the year before
  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 £1.4m £6,615 per pupil and spending £1.2m £6,083 per pupil. Government funding was £109k £532 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 £5k, spending £4k; 2021-22: funding £5k, spending £5k; 2022-23: funding £5k, spending £5k; 2023-24: funding £6k, spending £6k; 2024-25: funding £7k, spending £6k£4,000£5,000£6,0002018-192020-212022-232024-25Gov. 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: £348; 2019-20: £200; 2020-21: £326; 2021-22: £0; 2022-23: £0; 2023-24: £0; 2024-25: £0£0£200£400£6002018-192020-212022-232024-25ReserveSimilarReserve

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

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2024-25205.0£1.5m £7,122 per pupil£1.2m £6,083 per pupil+£213k +£1,039 per pupil£0 £0 per pupil
2023-24212.0£1.4m £6,745 per pupil£1.2m £5,637 per pupil+£235k +£1,108 per pupil£0 £0 per pupil
2022-23227.0£1.2m £5,454 per pupil£1.1m £4,846 per pupil+£138k +£608 per pupil£0 £0 per pupil
2021-22212.0£1.2m £5,575 per pupil£1.0m £4,741 per pupil+£177k +£835 per pupil£0 £0 per pupil
2020-21218.0£1.1m £4,839 per pupil£960k £4,404 per pupil+£95k +£436 per pupil£71k £326 per pupil
2019-20210.0£994k £4,733 per pupil£1.0m £4,857 per pupil-£26k -£124 per pupil£42k £200 per pupil
2018-19204.0£986k £4,833 per pupil£1.0m £5,029 per pupil-£40k -£196 per pupil£71k £348 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£1.5m £7,122 per pupil+47% +16% real£7k
Government funding£1.4m £6,615 per pupil+38% +9% real£7k
Special needs (SEN) funding£105k £512 per pupil+74% +37% real£329
Pupil premiumNot reported in academy accounts
Money the school raised itself£73k £356 per pupil+559% +419% real£320
Donations (day-to-day)£29k £141 per pupil+1310% +1008% real£21
Donations for buildings and equipmentNot reported in academy accounts
Facilities and services£8k £39 per pupil+680% +567% real£101
Catering income£24k £117 per pupil+244% +170% real£68
Other DfE grants£1k £5 per pupil£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)

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£1.2m £6,083 per pupil+21% -5% real£7k
Teachers£595k £2,902 per pupil-15% -33% real£3k
Supply staff£38k £185 per pupil£64
Support staff£237k £1,156 per pupil+114% +69% real£1k
Office and admin staff£47k £229 per pupil£340
Premises staff£34k £166 per pupil£183
Catering staff£0 £0 per pupil£0
Other staff costs£21k £102 per pupil-65% -72% real£194
All staff costs£938k £4,576 per pupil+8% -15% real£5k
Premises£88k £429 per pupil+202% +138% real£340
Energy£22k £107 per pupil+15% -10% real£107
Rates, water and other building costs£92k £449 per pupil+123% +75% real£599
Catering£47k £229 per pupil+194% +129% real£322
Learning resources£59k £288 per pupil+23% -4% real£290
Supplies and services£129k £629 per pupil+41% +11% real£553
Bought-in services£44k £215 per pupil+975% +776% real£196

Staff costs were 75% 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 £1.3m £6,200 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. 2018-19 204.0
  2. 2019-20 210.0
  3. 2020-21 218.0
  4. 2021-22 212.0
  5. 2022-23 227.0
  6. 2023-24 212.0
  7. 2024-25 205.0

Trust central spending

What GRACE SCHOOLS spent centrally per pupil, on top of this school's own accounts:

  1. 2018-19 £535
  2. 2019-20 £527
  3. 2020-21 £471
  4. 2021-22 £693
  5. 2022-23 £692
  6. 2023-24 £722
  7. 2024-25 £705

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. 2022-23: raised £37; 2023-24: raised £54; 2024-25: raised £45£20£30£40£502022-232023-242024-25RaisedSpent
Each school year's returns, newest first
School yearRaisedSpent
2025-26
year to August 2026
£7k£10k
2024-25
year to August 2025
£9k £45 per pupil£4k £20 per pupil
2023-24
year to August 2024
£11k £54 per pupil£9k £41 per pupil
2022-23
year to August 2023
£8k £37 per pupil£10k £46 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 · GRACE SCHOOLS (multi-academy trust) · Church of England

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.

National context

Questions to ask the school

Useful for parents, governors and PTFA committees.

  1. How many pupils at William de Yaxley Church of England Academy 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)
  2. How much of William de Yaxley Church of England Academy's funding does GRACE SCHOOLS 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. Does the council's top-up money arrive on time and cover what the support actually costs?
  5. Does the school's reserve figure include its share of the trust's central reserves?
  6. How does William de Yaxley Church of England Academy'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. 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)
  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.

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