PORTSMOUTH CITY COUNCIL ELEMENTARY EDUCATION FOUNDATION
To advance education in Portsmouth for those 12 or under
Objects
OBJECTS OF THE CHARITYTHE OBJECTS OF THE CHARITY ARE TO ADVANCE EDUCATION THROUGH:(1) THE PROVISION OF A SITE OR SITES IN THE AREA OF BENEFIT TO AN EDUCATIONAL INSTITUTION OR EDUCATIONAL INSTITUTIONS.(2) PROVIDING FOR ANY EDUCATIONAL INSTITUTION IN THE AREA OF BENEFIT SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL AUTHORITY OR THE DEPARTMENT FOR EDUCATION AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEE AND THE GOVERNORS OF THE EDUCATIONAL INSTITUTION CONCERNED.(3) PROVIDING GRANTS OR LOANS FOR OR TOWARDS IMPROVEMENTS TO ANY EDUCATIONAL INSTITUTION IN THE AREA OF BENEFIT AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEE AND THE GOVERNORS OF THE EDUCATIONAL INSTITUTION CONCERNED. ASSISTANCE CAN ONLY BE PROVIDED IF THE IMPROVEMENTS ARE, IN THE OPINION OF THE TRUSTEE, NECESSARY TO EITHER:(A) RAISE THE STANDARD OF EDUCATION OF; OR(B) IMPROVE ACCESS TO THE EDUCATION BEING PROVIDED FOR,THE BENEFICIARIES AT THAT EDUCATIONAL INSTITUTION; AND(C) THE LOCAL AUTHORITY OR THE DEPARTMENT FOR EDUCATION ARE NOT ABLE TO MEET THE COSTS IN FULL OR IN PART.(4) PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF BENEFICIARIES WHO ARE IN NEED OF FINANCIAL ASSISTANCE BY PROVIDING FINANCIAL ASSISTANCE (INCLUDING ASSISTANCE WITH THE COST OF EDUCATIONAL TRIPS), UNIFORMS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ASSIST THEM TO PURSUE THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC AND OTHER ARTS).(5) SUBJECT TO CLAUSE (6) BELOW, THE TRUSTEES MUST PERMIT THE LAND IDENTIFIED IN PART 2 OF THE SCHEDULE TO THIS SCHEME TO BE USED IN FURTHERANCE OF THE OBJECT DESCRIBED AT CLAUSE 4(1) OF THIS SCHEME, AND THIS MAY BE BY GRANTING A LEASE OF THAT LAND TO AN EDUCATIONAL INSTITUTION AT SUCH RENT (WHICH MAY BE ONE PEPPERCORN) AS MAY BE AGREED BY THE TRUSTEES.(6) THE TRUSTEES MUST PERMIT THE LAND NUMBERED 10 IN PART 2 OF THE SCHEDULE TO THIS SCHEME TO BE USED AS A PLAYING FIELD IN CONNECTION WITH AN EDUCATIONAL INSTITUTION IN THE AREA OF BENEFIT FOR SO LONG AS IT IS REQUIRED FOR THAT PURPOSE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported net outgoings of £16,005 for the period, driven by building works and an NDR charge exceeding rental and interest income. Free reserves held at year-end were £98,768, which the trustees note are applied to property maintenance and future grants. The trustees acknowledge current challenges regarding repair costs and tenant vacancies while reviewing their options.
What the accounts disclose
“Rental Income and Service Charge - 50,517” — page 9
“The Trust are reviewing their options in dealing with the current challenges relating to potential repair & maintenance costs and tenant vacancies.”
Trustees
- Cllr Robert Gerald Van Cortlandt Vernon-Jackson CBE
- Cllr Terry Robin Norton
- Ryan William Brent
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £55k | £71k |
| 31/03/2024 | £53k | £69k |
| 31/03/2023 | £57k | £109k |
| 31/03/2022 | £86k | £98k |
| 31/03/2021 | £66k | £82k |
Common questions
Is PORTSMOUTH CITY COUNCIL ELEMENTARY EDUCATION FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported net outgoings of £16,005 for the period, driven by building works and an NDR charge exceeding rental and interest income. Free reserves held at year-end were £98,768, which the trustees note are applied to property maintenance and future grants. The trustees acknowledge current challenges regarding repair costs and tenant vacancies while reviewing their options. Its FY2025 accounts were independently examined.