School Budget 

Academy Funding & Budget

Academies receive the same funding as maintained schools for every pupil on the register. They also get additional funding to cover the cost of services that used to be provided by the local authority.

Academies are funded from September to August in line with the academic year, unlike maintained schools, which are funded from April to March in line with the financial year.

Funding is received directly from the Government for GAG (general annual grant), Pupil Premium Funding, Sports Premium Funding, Universal Infant Free School Meal Funding and Devolved Capital Formula Funding.  Top Up Funding is received from the Local Authority towards support for SEN.  Additional income is generated for the school through Lettings and Fundraising events.  Parents are responsible for the cost of school dinners that are not covered by Free school meals, for residential camps and are requested to contribute for trips and craft expenses.  

Academies are required to maintain sufficient surplus to maintain at least 1 month’s operation in case of emergency.  Surplus above this can be used for additional expenditure within the year or saved towards something specific.    

Accounts  

Christ Church C of E Primary School Letter 2023-24