PMC Education Trust
Provision of bursaries and scholarships to the pupils of Plymouth College.
Financial health, per its FY2025 accounts
The accounts state that the charity's free reserves are in surplus by £831,932, with no indebtedness remaining after the sale of its school business. Per the trustees' report, the principal source of future funds will be investment activities and legacies, with no material uncertainties identified regarding the going concern status.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level that will provide sufficient funds to respond to applications for donations to support pupils at Plymouth College where the level of fees of the school are a barrier to entry and ensure that support and governance costs are covered.” — page 6
“During the year, the charity engaged in transactions with The Minster Church of St Andrew, Plymouth which shares a Trustee with our charity and totalled £709 for 2024/25. These transactions were conducted at an arm’s length as evidence by them being charged at market rate.” — page 33
“Plymouth College Enterprises Limited, now the trading subsidiary of the company.”
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Leadership, per the charity’s website
- Peter Watts — Headmaster
- Stephen Plant — Chair of Local Advisory Board
- Nicholas Grenfell-Marten — Proprietor
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (12/03/2024)
- Received assets from another charity (12/03/2024)
Trustees
- Anthony Edward Clifford
- Christopher Douglas Morton
- Jennifer Beanland
- Joseph Bennett
- Marina Leigh
- Rev JAMES GRIER
- William Maxwell Duncan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £5.8m | £6.0m |
| 31/08/2024 | £9.4m | £9.0m |
| 31/08/2023 | £8.8m | £9.2m |
| 31/08/2022 | £8.4m | £8.1m |
| 31/08/2021 | £8.3m | £8.2m |
Common questions
Is PMC Education Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity's free reserves are in surplus by £831,932, with no indebtedness remaining after the sale of its school business. Per the trustees' report, the principal source of future funds will be investment activities and legacies, with no material uncertainties identified regarding the going concern status. Its FY2025 accounts were audited by PKF Francis Clark.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| THE FORBES CHARITABLE FOUNDATION | 1 | £75k |
| SIR HAROLD HOOD'S CHARITABLE TRUST | 1 | £21k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £11k |
| THE RIX-THOMPSON-ROTHENBERG FOUNDATION | 1 | £6k |
Charities like this
- PLYMOUTH HIGHBURY TRUST
- ST PHILIP'S SCHOOL TRUST LIMITED
- ST MARY'S COLLEGE CROSBY TRUST LIMITED
- DR CHALLONER'S SCHOOL EDUCATIONAL TRUST
- CLIFTON COLLEGE DEVELOPMENT TRUST
- BEACHBOROUGH SCHOOL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PMC Education Trust | £5.8m | — | — | unclear | — | no doubt |
| PLYMOUTH HIGHBURY TRUST | £1.7m | — | 0 | above | — | no doubt |
| ST PHILIP'S SCHOOL TRUST LIMITED | £2.0m | — | — | unclear | — | no doubt |
| ST MARY'S COLLEGE CROSBY TRUST LIMITED | £11.5m | — | — | unclear | — | no doubt |
| DR CHALLONER'S SCHOOL EDUCATIONAL TRUST | £358k | — | 0 | within | — | no doubt |
| CLIFTON COLLEGE DEVELOPMENT TRUST | £171k | — | 0 | below | 0.1% | no doubt |