St Teresa's RC Primary School

“Love proves itself by deeds, so how am I to show my love?” - St Therese of Lisieux
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School Finance

The school will receive £1,821,250 revenue income in the current financial year (April 2016 - March 2017) from the Government through the Local Education Authority to operate the school on a day to day basis. Approximately 77% of its annual budget on Staffing costs. 

This year, the school also received just under £10,000 through the Local Education Authority to spend on small capital projects related to premises improvement.  Recently this money has gone towards refitting our Nursery, Reception and Year 1 classes, which brought to an end the first cycle of our three year whole School refit project.

In the current financial year (April 2016 - March 2017), the school has also successfully bid for an additional £168,000 in capital funding to further improve the School's learning environment. The scope of the works is wide but includes suspended ceilings in several classrooms, replacement of our ageing fire alarm control panel and wiring, the installation of emergency lighting, 38 new single doors, four new double doors and fire resistance upgrades to a further 16 doors.

A condition of this additional capital grant is that the School contributes 10% of the cost. This cannot be managed through our normal budgets so we ask each family to consider donating £45 each year to the ‘Governors Capital Fund Account’. We are aware that families have many competing priorities and understand if this cannot be afforded.

Income received through fundraising events is managed separately from statutory income and we are less restricted in what we spend the money on. Such funding is used to enrich the school experience and is used to cover the cost of, for example, hosting a school wide drumming workshops and cooking clubs.