Children from low income families often fall behind more well off classmates before they even start school.
But from April 2015, the Early Years Pupil Premium will mean extra money to make sure every child gets a fair start.
Tom Brake, MP for Carshalton and Wallington, said: "By investing £154,078 in Sutton to help the most disadvantaged three and four-year-olds, we are ensuring that children are getting the best possible start in life.
“All the evidence shows that helping children as early as possible is key to making sure they do not fall behind. That is why this announcement is fantastic news for children.
"This is all part of creating a fairer society and opportunity for everyone."
Nurseries and schools will be free to choose how to spend the money, which is part of a £50m Government pot.