← What SchoolMichael Faraday
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Operating Margin
£-50,837
In-year deficit (-1.7% of income)
Total Income (Derived)
£2,993,796
£8,505 per pupil
Total Expenditure
£3,044,633
£7,097 per pupil
Balance / Reserves
Accumulated funds carried forward
Revenue Reserves£345,457
The school has accumulated revenue reserves equivalent to 11.5% of its annual income. These funds are set aside to manage cash flow and unexpected operational costs.
In-Year Balance£-50,837
An in-year deficit indicates the school spent more than its income this period, requiring it to draw from existing reserves.
Where the Money Goes
Total expenditure: £3,044,633
CategoryAmount%Share
Teaching Staff£2,286,42275.1%
Admin & Professional£333,87111.0%
Ed / ICT Resources£136,4834.5%
Premises£112,7283.7%
Supply / Agency£62,1792.0%
Energy£112,9503.7%
Financial Summary
Derived from available Consistent Financial Reporting data
Per-Pupil Income£8,505
Per-Pupil Expenditure£7,097
Staff Cost Ratio88.1%
National avg for primaries: ~75%
Revenue Reserves£345,457
11.5% of income — healthy reserve position
Healthy
£345,457
Revenue Reserves
11.5% of annual income
£-50,837
In-Year Deficit
1.7% operating margin
£8,505
Per-Pupil Income
CFR per-pupil funding figure