School Moneyby Schools in Reach
I am a

Old Newton Church of England Primary School: school finances

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

Large reserves

Holds £208k £2,976 per pupil in reserve, 40% 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 Large reserves same as the year before
  5. 2022-23 Large reserves same as the year before
  6. 2023-24 Large reserves same as the year before
  7. 2024-25 Large reserves same as the year before

Government funding vs spending per pupil

In 2024-25, government funding was £632k £9,029 per pupil and spending £583k £8,329 per pupil. Government funding was £49k £700 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 £4k; 2020-21: funding £6k, spending £5k; 2021-22: funding £6k, spending £5k; 2022-23: funding £7k, spending £6k; 2023-24: funding £7k, spending £7k; 2024-25: funding £9k, spending £8k£4,000£6,000£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: £528; 2019-20: £2k; 2020-21: £2k; 2021-22: £3k; 2022-23: £4k; 2023-24: £4k; 2024-25: £3k£0£2,000£4,0002018-192020-212022-232024-25ReserveSimilarReserve

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

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2024-2570.0£526k £7,514 per pupil£583k £8,329 per pupil-£57k -£814 per pupil£195k £2,786 per pupil
2023-2483.0£635k £7,651 per pupil£585k £7,048 per pupil+£50k +£602 per pupil£332k £4,000 per pupil
2022-2386.0£588k £6,837 per pupil£503k £5,849 per pupil+£85k +£988 per pupil£318k £3,698 per pupil
2021-2287.0£525k £6,034 per pupil£444k £5,103 per pupil+£81k +£931 per pupil£265k £3,046 per pupil
2020-2190.0£529k £5,878 per pupil£443k £4,922 per pupil+£86k +£956 per pupil£214k £2,378 per pupil
2019-2091.0£517k £5,681 per pupil£397k £4,363 per pupil+£120k +£1,319 per pupil£147k £1,615 per pupil
2018-1989.0£420k £4,719 per pupil£410k £4,607 per pupil+£10k +£112 per pupil£47k £528 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£526k £7,514 per pupil+59% +25% real£9k
Government funding£632k £9,029 per pupil+86% +47% real£8k
Special needs (SEN) funding£4k £57 per pupil-64% -72% real£319
Pupil premiumNot reported in academy accounts
Money the school raised itself£29k £414 per pupil£538
Donations (day-to-day)£2k £29 per pupil-36% -50% real£27
Donations for buildings and equipmentNot reported in academy accounts
Facilities and services£11k £157 per pupil£138
Catering income£5k £71 per pupil-21% -38% real£128
Other DfE grants£0 £0 per pupil£375

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£583k £8,329 per pupil+81% +42% real£9k
Teachers£322k £4,600 per pupil+169% +112% real£4k
Supply staff£2k £29 per pupil-93% -95% real£84
Support staff£85k £1,214 per pupil+90% +49% real£2k
Office and admin staff£35k £500 per pupil+94% +52% real£458
Premises staff£0 £0 per pupil£118
Catering staff£0 £0 per pupil£0
Other staff costs£4k £57 per pupil-37% -50% real£213
All staff costs£450k £6,429 per pupil+106% +62% real£7k
Premises£26k £371 per pupil+37% +8% real£504
Energy£10k £143 per pupil+81% +43% real£164
Rates, water and other building costs£55k £786 per pupil+70% +34% real£815
Catering£36k £514 per pupil+63% +28% real£455
Learning resources£15k £214 per pupil-24% -40% real£426
Supplies and services£52k £743 per pupil-1% -22% real£809
Bought-in services£20k £286 per pupil+155% +99% real£240

Staff costs were 77% 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 £594k £8,489 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 89.0
  2. 2019-20 91.0
  3. 2020-21 90.0
  4. 2021-22 87.0
  5. 2022-23 86.0
  6. 2023-24 83.0
  7. 2024-25 70.0

Pupil numbers fell from 89.0 to 70.0 (21% 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 TILIAN PARTNERSHIP spent centrally per pupil, on top of this school's own accounts:

  1. 2018-19 £318
  2. 2019-20 £303
  3. 2020-21 £350
  4. 2021-22 £481
  5. 2022-23 £409
  6. 2023-24 £522
  7. 2024-25 £432

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 Old Newton 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 · THE TILIAN PARTNERSHIP (multi-academy trust) · Church of England

Intake band 2 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 Old Newton Church of England Primary School's £208k £2,976 per pupil reserve being kept for, and is there a timetable to spend it?
  2. How many pupils does Old Newton 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)
  3. How much of Old Newton Church of England Primary School's funding does THE TILIAN PARTNERSHIP 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 any of it already committed, for example to building work or to cover a planned overspend?
  6. Is the school planning to merge classes, share staff or work more closely with another school?
  7. Does the school's reserve figure include its share of the trust's central reserves?
  8. How does Old Newton 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.

Compare side by side