Portsmouth Historic Quarter Trust

Registered charity 293188 · accounts filings on the Charity Commission register · also known as PORTSMOUTH HISTORIC QUARTER TRUST LIMITED, PORTSMOUTH NAVAL BASE PROPERTY TRUST

To preserve the Historic Dockyard at Portsmouth so that it may be enjoyed by the public for generations to come. To restore, maintain and find appropriate new uses for buildings of outstanding historic and architectural interest in the Dockyard.

Causes: Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£4.6m
Latest spending
£3.6m
Registered
1985
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a consolidated deficit of £5,227,000 for the year ended 31 March 2025, primarily driven by a £4,750,000 impairment charge to fixed assets. Despite this accounting deficit, the trustees confirm that unrestricted funds are sufficient to cover at least six months of core costs, with a designated protected fund of £900,000, and the financial statements are prepared on a going concern basis.

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

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — in the top quarter for charities its size (median £70k)
“90,001 to 100,000 2 =” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Income from charitable activities (65% of income)
“Income from charitable activities 5 3,921 - 3,921 3,473 - 3,473” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: at least six months of core costs (held: £14.7m)
“PHQ intends to maintain unrestricted designated funds representing at least six months of core costs. These funds have been classified as the Protected fund and is currently set at £900,000 which is as intended.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sumer Audit. Discloses 5 of 6 completeness components.

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.

Property (HM Land Registry)

7 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). 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 31/03/2026)

Total income
£4.6m
Total spending
£3.6m
Cost of raising funds
£64k
Reserves (reported)
£10.8m
Employees
33

Reported reserves equal ~35.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (79% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.4% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Hampshire · Portsmouth City

Income and spending

Financial year endIncomeSpending
31/03/2026£4.6m£3.6m
31/03/2025£4.3m£3.9m
31/03/2024£3.9m£5.2m
31/03/2023£3.9m£4.9m
31/03/2022£3.9m£4.9m

Common questions

Is Portsmouth Historic Quarter Trust financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a consolidated deficit of £5,227,000 for the year ended 31 March 2025, primarily driven by a £4,750,000 impairment charge to fixed assets. Despite this accounting deficit, the trustees confirm that unrestricted funds are sufficient to cover at least six months of core costs, with a designated protected fund of £900,000, and the financial statements are prepared on a going concern basis. Its FY2025 accounts were audited by Sumer Audit.

What does the highest-paid employee of Portsmouth Historic Quarter Trust earn?

Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.

Who funds Portsmouth Historic Quarter Trust?

Funders whose own accounts filings name Portsmouth Historic Quarter Trust as a grant recipient include SIR JEREMIAH COLMAN GIFT TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
SIR JEREMIAH COLMAN GIFT TRUSTFY2023£1k
SIR JEREMIAH COLMAN GIFT TRUSTFY2024£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund11/06/2026£450k"Storehouse 9: The Dockyard Story"
UK government08/02/2024£600kCapital Investment Programme
The National Lottery Heritage Fund21/05/2018£211k"Building resilience for traditional wooden boatbuilding"
The National Lottery Heritage Fund18/03/2015£2.0m"The Economic Regeneration of Priddy's Hard, Gosport"
The National Lottery Heritage Fund13/11/2012£4.3m"The Boatbuilding & Heritage Skills Training Centre"
The National Lottery Community Fund30/03/2005£824kInter-Action @ Action Stations
The National Lottery Heritage Fund17/09/2002£18k"Restoration of Fast Motorboat (FMB) 43957"

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 THE CHATHAM HISTORIC DOCKYARD TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Portsmouth Historic Quarter Trust£4.6m£90,001 - £100,000—above—no doubt
THE CHATHAM HISTORIC DOCKYARD TRUST FY2025£9.8m——above—no doubt
SS GREAT BRITAIN TRUST FY2025£5.1m£90,001 - £100,0002below—no doubt
NATIONAL MARITIME MUSEUM CORNWALL TRUST FY2025£2.4m£80,001 - £90,000—unclear—no doubt
THE NORWICH HISTORIC CHURCHES TRUST LIMITED FY2025£321k—0unclear—no doubt
LONDON HISTORIC BUILDINGS TRUST LTD FY2025£116k—0above—no doubt

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