PMC Education Trust
Latest income
£5.8m
Latest spending
£6.0m
Registered
2004
Accounts read
FY2025
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
Reserves policy: 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 (held: £832k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transaction with The Minster Church of St Andrew, Plymouth
“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
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Plymouth College Enterprises Limited
“Plymouth College Enterprises Limited, now the trading subsidiary of the company.”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£5.8m
Total spending
£6.0m
Reserves (reported)
£837k
Employees
182
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?
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.