St Issey Church of England Primary School: school finances
Latest full year 2024-25, as an academy (accounts return, September to August). Cornwall · Primary · Academy converter
Healthy
Holds £22k £203 per pupil in reserve, 4% of a year's income.
Status by year
- 2019-20 Large reserves reserve 8% or more of a year's income
- 2020-21 Large reserves same as the year before
- 2021-22 Large reserves same as the year before
- 2022-23 Large reserves same as the year before
- 2023-24 Large reserves 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 £652k £6,093 per pupil and spending £641k £5,991 per pupil. Government funding was £11k £103 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 | 107.0 | £563k £5,262 per pupil | £641k £5,991 per pupil | -£78k -£729 per pupil | £0 £0 per pupil |
| 2023-24 | 106.0 | £608k £5,736 per pupil | £565k £5,330 per pupil | +£43k +£406 per pupil | £200k £1,887 per pupil |
| 2022-23 | 121.0 | £555k £4,587 per pupil | £497k £4,107 per pupil | +£58k +£479 per pupil | £170k £1,405 per pupil |
| 2021-22 | 94.0 | £508k £5,404 per pupil | £467k £4,968 per pupil | +£41k +£436 per pupil | £127k £1,351 per pupil |
| 2020-21 | 74.0 | £458k £6,189 per pupil | £379k £5,122 per pupil | +£79k +£1,068 per pupil | £110k £1,486 per pupil |
| 2019-20 | 57.0 | £401k £7,035 per pupil | £366k £6,421 per pupil | +£35k +£614 per pupil | £51k £895 per pupil |
Where the money comes from
| Line | 2024-25 | Trend per pupil | Change per pupil since 2019-20 | Similar schools (median per pupil) |
|---|---|---|---|---|
| Total income | £563k £5,262 per pupil | -25% -39% real | £8k | |
| Government funding | £652k £6,093 per pupil | -9% -25% real | £8k | |
| Special needs (SEN) funding | £0 £0 per pupil | -100% -100% real | £364 | |
| Pupil premium | Not reported in academy accounts | |||
| Money the school raised itself | £43k £402 per pupil | +15% -7% real | £338 | |
| Donations (day-to-day) | £6k £56 per pupil | +60% +30% real | £10 | |
| Donations for buildings and equipment | Not reported in academy accounts | |||
| Facilities and services | £28k £262 per pupil | +24% +2% real | £115 | |
| Catering income | £0 £0 per pupil | -100% -100% real | £48 | |
| Other DfE grants | £138k £1,290 per pupil | -6% -23% real | £303 | |
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 2019-20 | Similar schools (median per pupil) |
|---|---|---|---|---|
| Total spending | £641k £5,991 per pupil | -7% -24% real | £8k | |
| Teachers | £282k £2,636 per pupil | +17% -4% real | £4k | |
| Supply staff | £18k £168 per pupil | +140% +94% real | £58 | |
| Support staff | £181k £1,692 per pupil | -22% -36% real | £1k | |
| Office and admin staff | £23k £215 per pupil | -18% -33% real | £374 | |
| Premises staff | £5k £47 per pupil | £75 | ||
| Catering staff | £0 £0 per pupil | £0 | ||
| Other staff costs | £7k £65 per pupil | -38% -49% real | £192 | |
| All staff costs | £514k £4,804 per pupil | -2% -20% real | £6k | |
| Premises | £10k £93 per pupil | -72% -77% real | £387 | |
| Energy | £16k £150 per pupil | -34% -47% real | £130 | |
| Rates, water and other building costs | £56k £523 per pupil | -15% -31% real | £658 | |
| Catering | £27k £252 per pupil | -20% -35% real | £349 | |
| Learning resources | £31k £290 per pupil | -28% -42% real | £353 | |
| Supplies and services | £61k £570 per pupil | -2% -20% real | £681 | |
| Bought-in services | £9k £84 per pupil | +20% -2% real | £162 |
Staff costs were 80% 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 £653k £6,106 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
- 2019-20 57.0
- 2020-21 74.0
- 2021-22 94.0
- 2022-23 121.0
- 2023-24 106.0
- 2024-25 107.0
Trust central spending
What THE RAINBOW MULTI ACADEMY TRUST spent centrally per pupil, on top of this school's own accounts:
- 2019-20 £776
- 2020-21 £717
- 2021-22 £969
- 2022-23 £287
- 2023-24 £278
- 2024-25 £813
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 Issey 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
- 21% of pupils eligible for free school meals (median school: council 20%, England 22%)
- Neighbourhood deprivation decile 5 of 10 (1 = most deprived)
- Income deprivation affecting children: decile 7 of 10 (1 = most deprived)
- 34% of adults nearby hold a degree-level qualification
- 69% of nearby homes are owner-occupied
- 9% 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 £300k £2,804 per pupil
- Support staff £181k £1,692 per pupil
- Buildings and grounds £10k £93 per pupil
- Energy £16k £150 per pupil
- Learning resources £31k £290 per pupil
- Everything else £103k £963 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)
Questions to ask the school
Useful for parents, governors and PTFA committees.
- How much of St Issey Church of England Primary School's funding does THE RAINBOW MULTI ACADEMY 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?
- Does the school's reserve figure include its share of the trust's central reserves?
- How does St Issey 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)
- Can the trust move money between its schools, and has this school given or received any?
- Who sets the school's budget: the headteacher, local governors or the trust board?
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.
- Nawton Community Primary School
- Tintwistle CofE (Aided) Primary School
- The Norman Church of England Primary School, Northwold
- St John's CofE School
- Weald Community Primary School
Admissions and catchments for St Issey Church of England Primary School on Schools in Reach · All Cornwall school finances · Schools in North Cornwall · THE RAINBOW MULTI ACADEMY 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
- 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)