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Margaretting Church of England Voluntary Controlled Primary School: school finances

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

Healthy

Holds £41k £596 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 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 Healthy reserve between 3% and 8% of a year's income
  5. 2022-23 Healthy same as the year before
  6. 2023-24 Healthy same as the year before
  7. 2024-25 Healthy same as the year before

Government funding vs spending per pupil

In 2024-25, government funding was £644k £9,333 per pupil and spending £634k £9,188 per pupil. Government funding was £10k £145 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 £6k, spending £6k; 2019-20: funding £6k, spending £6k; 2020-21: funding £7k, spending £6k; 2021-22: funding £7k, spending £6k; 2022-23: funding £8k, spending £7k; 2023-24: funding £8k, spending £9k; 2024-25: funding £9k, spending £9k£5,000£6,000£7,000£8,000£9,0002018-192020-212022-232024-25Gov. 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: £593; 2019-20: £457; 2020-21: £147; 2021-22: £321; 2022-23: £359; 2023-24: £608; 2024-25: £348£0£200£400£600£8002018-192020-212022-232024-25ReserveSimilarReserve

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

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2024-2569.0£668k £9,681 per pupil£634k £9,188 per pupil+£34k +£493 per pupil£24k £348 per pupil
2023-2474.0£650k £8,784 per pupil£652k £8,811 per pupil-£2k -£27 per pupil£45k £608 per pupil
2022-2378.0£621k £7,962 per pupil£552k £7,077 per pupil+£69k +£885 per pupil£28k £359 per pupil
2021-2278.0£554k £7,103 per pupil£488k £6,256 per pupil+£66k +£846 per pupil£25k £321 per pupil
2020-2175.0£528k £7,040 per pupil£446k £5,947 per pupil+£82k +£1,093 per pupil£11k £147 per pupil
2019-2081.0£575k £7,099 per pupil£524k £6,469 per pupil+£51k +£630 per pupil£37k £457 per pupil
2018-1981.0£558k £6,889 per pupil£518k £6,395 per pupil+£40k +£494 per pupil£48k £593 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£668k £9,681 per pupil+41% +10% real£9k
Government funding£644k £9,333 per pupil+52% +19% real£9k
Special needs (SEN) funding£0 £0 per pupil-100% -100% real£373
Pupil premiumNot reported in academy accounts
Money the school raised itself£6k £87 per pupil-63% -71% real£288
Donations (day-to-day)£1k £14 per pupil£17
Donations for buildings and equipmentNot reported in academy accounts
Facilities and services£0 £0 per pupil-100% -100% real£108
Catering income£5k £72 per pupil£73
Other DfE grants£38k £551 per pupil£343

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£634k £9,188 per pupil+44% +13% real£9k
Teachers£343k £4,971 per pupil-1% -22% real£4k
Supply staff£1k £14 per pupil£94
Support staff£117k £1,696 per pupil£2k
Office and admin staff£69k £1,000 per pupil£484
Premises staff£0 £0 per pupil£65
Catering staff£0 £0 per pupil£0
Other staff costs£23k £333 per pupil+1232% +962% real£295
All staff costs£553k £8,014 per pupil+59% +25% real£7k
Premises£27k £391 per pupil-14% -33% real£482
Energy£7k £101 per pupil+304% +222% real£179
Rates, water and other building costs£32k £464 per pupil+97% +56% real£747
Catering£17k £246 per pupil+33% +5% real£376
Learning resources£20k £290 per pupil-41% -54% real£429
Supplies and services£22k £319 per pupil-53% -63% real£870
Bought-in services£20k £290 per pupil+57% +23% real£285

Staff costs were 87% 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 £646k £9,366 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 81.0
  2. 2019-20 81.0
  3. 2020-21 75.0
  4. 2021-22 78.0
  5. 2022-23 78.0
  6. 2023-24 74.0
  7. 2024-25 69.0

Pupil numbers fell from 81.0 to 69.0 (15% 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 LIFE EDUCATION TRUST spent centrally per pupil, on top of this school's own accounts:

  1. 2018-19 £211
  2. 2019-20 £305
  3. 2020-21 £206
  4. 2021-22 £207
  5. 2022-23 £674
  6. 2023-24 £780
  7. 2024-25 £704

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 Margaretting Church of England Voluntary Controlled 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 · LIFE EDUCATION TRUST (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. How many pupils does Margaretting Church of England Voluntary Controlled 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 Margaretting Church of England Voluntary Controlled 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 Margaretting Church of England Voluntary Controlled Primary School's funding does LIFE EDUCATION 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 Margaretting Church of England Voluntary Controlled 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.

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