THE PORTSMOUTH GRAMMAR SCHOOL
The Charity principally provides education in Portsmouth and the surrounding areas to boys and girls from 2 years 6 months to 18 years old.
Financial health, per its FY2025 accounts
The accounts state that the school reported a net operating loss of £861,083 for the year, driven by increased financing costs and sector-wide pressures such as VAT on fees. While free reserves dropped to £303,599, falling below the stated policy target of three months' operating costs, the trustees maintain that the school has adequate resources to continue as a going concern due to its cash position and strategic cost management.
What the accounts disclose
“This has dropped beneath the planned level for three months operating costs which for 24/25 was £5,325,374” — page 13
“The Head is a Trustee of The PortsFest charity. At the year-end PortsFest owed the School £683 (2024: £8,717). The School contributed £nil (2024: £15,000) to PortsFest during the financial year.” — page 43
“The Head’s remuneration package includes an interest free loan of £100,000 in respect of accommodation in the year. The loan was made on the 9th May 2023 and the balance of £100,000 remained outstanding at year end.” — page 43
“The Head is a Trustee of The PortsFest charity. At the year-end PortsFest owed the School £683 (2024: £8,717). The School contributed £nil (2024: £15,000) to PortsFest during the financial year.” — page 43
“The Head’s remuneration package includes an interest free loan of £100,000 in respect of accommodation in the year. The loan was made on the 9th May 2023 and the balance of £100,000 remained outstanding at year end.” — page 43
“The Valuation Report shows notional assets of £222.2bn and liabilities of £262bn, resulting in a scheme deficit of £39.8bn.”
“The school also has one wholly owned subsidiary company, PGS Promotions Limited, company number 02937047.” — page 5
Corporate structure
- Trading subsidiary: PGS PROMOTIONS LIMITED Companies House 02937047
- Registered company of the charity Companies House 03401010
- Turnover: £139k
- Profit before tax: £-69k
- Note 7 discloses £152,331 owed to group undertakings (2024: £160,481). Note 9 states transactions with the parent are exempt from disclosure as results are included in the parent's consolidated accounts.
Leadership, per the charity’s website
- Mr David Wickes — Head
Company officers (Companies House)
- SIGALET, Lisa Marie on trustee list
- HARDWICK, Philippa Anne on trustee list
- DREVER, Rebecca Jayne on trustee list
- WEAVER, Nicholas John on trustee list
- AVES, Alexandra Louise on trustee list
- MURPHIE, John Dermot Douglas on trustee list
- MAZAS, Philippe Marc Marie on trustee list
- PASCOE, Jonathan Mark on trustee list
- MILLAR, John on trustee list
- MOYLER, Ross Daniel on trustee list
- HARRIES, Caroline Madeleine Jean on trustee list
- CHAPMAN, Vivienne Mary on trustee list
- BURDEN, Thomas William on trustee list
- CANE, Anthony William Nicholas on trustee list
- ROSS, Sally Joanne, Dr on trustee list
- GINGELL, Sally on trustee list
- LODDER, Peter Norman on trustee list
- JONES, Clare Louise
- READ, Richard John
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (13/05/2018)
Trustees
- Alexandra Louise Aves
- Caroline Madeleine Jean Harries
- Dr Sally Joanne Ross
- His Honour Judge Peter Norman Lodder
- John Dermot Douglas Murphie
- John Millar
- Jonathan Mark Pascoe
- Lisa Marie Sigalet
- Nicholas John Weaver
- Philippa Anne Hardwick
- Philippe Marc Marie Mazas
- Rebecca Jayne Drever
- Ross Daniel Moyler
- Sally Gingell
- The Very Revd Dr Anthony William Nicholas Strephon Cane
- Thomas William Burden
- Vivienne Mary Chapman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £20.2m | £21.3m |
| 31/08/2024 | £22.4m | £21.6m |
| 31/08/2023 | £20.7m | £20.5m |
| 31/08/2022 | £18.4m | £20.0m |
| 31/08/2021 | £19.3m | £18.2m |
Common questions
Is THE PORTSMOUTH GRAMMAR SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the school reported a net operating loss of £861,083 for the year, driven by increased financing costs and sector-wide pressures such as VAT on fees. While free reserves dropped to £303,599, falling below the stated policy target of three months' operating costs, the trustees maintain that the school has adequate resources to continue as a going concern due to its cash position and strategic cost management. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds THE PORTSMOUTH GRAMMAR SCHOOL?
Funders whose own accounts filings name THE PORTSMOUTH GRAMMAR SCHOOL as a grant recipient include THE WILLIAM ALLEN YOUNG CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | FY2022 | £2k | |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | FY2024 | £1k | |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | FY2023 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Keith Howard Foundation | 1 | £100k |
| THE BARTLETT FOUNDATION | 1 | £86k |
| THE CHARIS TRUST | 1 | £58k |
| THE CATHERINE COOKSON CHARITABLE TRUST | 1 | £50k |
Charities like this
- NEWCASTLE SCHOOL FOR BOYS
- ST JOHN'S COLLEGE LIMITED
- PORT REGIS SCHOOL LTD
- THE DOWNS SCHOOL (CHARLTON HOUSE) LIMITED
- THE GRAMMAR SCHOOL AT LEEDS
- DURSTON HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PORTSMOUTH GRAMMAR SCHOOL | £20.2m | — | — | below | — | no doubt |
| NEWCASTLE SCHOOL FOR BOYS | £5.7m | — | — | below | — | material uncertainty |
| ST JOHN'S COLLEGE LIMITED | £7.1m | — | — | unclear | — | no doubt |
| PORT REGIS SCHOOL LTD | £8.6m | — | — | unclear | — | no doubt |
| THE DOWNS SCHOOL (CHARLTON HOUSE) LIMITED | £5.8m | — | — | unclear | — | no doubt |
| THE GRAMMAR SCHOOL AT LEEDS | £32.8m | — | — | above | — | no doubt |