MERIDIAN TRUST
This is the financial benchmarking and insights summary for your trust. It captures highlights of the school spending within your trust.
This summary uses data from the Academies Accounts Return (AAR) and staffing data from the School Workforce Census.
This summary is intended for trusts, with the intention of stimulating discussion on where resources may be used more effectively.
It is highly recommended that you use the Financial Benchmarking and Insights Tool to carry out more in-depth benchmarking for your trust.
Key information about this trust
This trust's data covers the financial year September 2023 to August 2024 academies accounts return (AAR).
Data for academies in a Multi-Academy Trust (MAT) includes a share of MAT central finance.
-
In year balance
-£783,000
-
Revenue reserve
£12,666,000
-
Academies
30
View more insights in Financial Benchmarking and Insights Tool.
Spending priorities at this trust
The priority spending compared across all of the schools in your trust.
Help with red, amber and green (RAG) priority ratings
Red, amber and green (RAG) priority ratings are shown to give an indication of the spending compared to similar schools.
The rating is not an indication of performance. It is used to display if spending is significantly more or less than similar schools. This does not consider any individual spending strategies which might apply.
The ratings are intended for schools and trusts to identify potential areas to help them make informed spending decisions.
Educational supplies
9 out of 30 schools in the high priority range.
Key highlights
Highest spend in this cost category
£5,100
per pupil
Utilities
7 out of 30 schools in the high priority range.
Key highlights
Highest spend in this cost category
£34
per square metre
Spending at schools in this trust
Key highlights from two schools in your trust.
Next steps
We recommend you visit the Financial Benchmarking and Insights Tool to further explore your benchmarking data.
In Financial Benchmarking and Insights Tool you can:
- understand in more detail the school spending in your trust
- benchmark schools within your trust against other similar schools
- view charts and tables illustrating comparisons
- model data within the tool* to assess the impact of changes to spending in the reporting period
*You can save this data on the Financial Benchmarking and Insights Tool servers, but this does not alter the official data held by DfE.
You can view most of the data and analysis without logging in.
There is also further data and features available by using your DfE Sign-in (DSI) credentials. If you haven't registered yet or have lost your password, please visit the DfE Sign-in page on gov.uk for guidance.