THE PORTSMOUTH GRAMMAR SCHOOL

Registered charity 1063732 · accounts filings on the Charity Commission register · also known as 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.

Causes: Education/training · website · Get email alerts

Latest income
£20.2m
Latest spending
£21.3m
Registered
1997
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £304k; policy: three months operating costs)
“This has dropped beneath the planned level for three months operating costs which for 24/25 was £5,325,374” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 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.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 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.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £39.8m
“The Valuation Report shows notional assets of £222.2bn and liabilities of £262bn, resulting in a scheme deficit of £39.8bn.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: PGS Promotions Limited
“The school also has one wholly owned subsidiary company, PGS Promotions Limited, company number 02937047.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Corporate structure

PGS PROMOTIONS LIMITED — per its own Companies House accounts
  • 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

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

14 registered titles in England and Wales held by the charity’s company or corporate body (12 freehold); recorded price paid £1.6m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/08/2025)

Total income
£20.2m
Total spending
£21.3m
Cost of raising funds
£664k
Reserves (reported)
£304k
Employees
319

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 3.3% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2022£2k
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2024£1k
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2023£500

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEWCASTLE SCHOOL FOR BOYS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PORTSMOUTH GRAMMAR SCHOOL£20.2m——below—no doubt
NEWCASTLE SCHOOL FOR BOYS FY2025£5.7m——below—material uncertainty
ST JOHN'S COLLEGE LIMITED FY2025£7.1m——unclear—no doubt
PORT REGIS SCHOOL LTD FY2025£8.6m——unclear—no doubt
THE DOWNS SCHOOL (CHARLTON HOUSE) LIMITED FY2025£5.8m——unclear—no doubt
THE GRAMMAR SCHOOL AT LEEDS FY2025£32.8m——above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.