PANGBOURNE COLLEGE LIMITED

Registered charity 309096 · accounts filings on the Charity Commission register · also known as DEVITT AND MOORE NAUTICAL COLLEGE LIMITED, PANGBOURNE COLLEGE

To advance education for the public benefit including (but not limited to) the provision and maintenance at the premises known as Pangbourne college, Pangbourne, Berkshire or elsewhere of a boarding and/or day school or schools for the education of children or young persons of either sex or both sexes.

Causes: Education/training · website · Get email alerts

Latest income
£12.6m
Latest spending
£12.7m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a pre-depreciation surplus of £267k for the year ended 31 August 2025, with unrestricted funds standing at £14,171,715. The trustees maintain a reserves policy requiring £2.5m in cash to be ring-fenced, which is described as sufficient to cover three months' running costs. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

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

What the accounts disclose

Highest-paid employee band: £160,001 - £170,000 — above the median for charities its size (£130k)
“In the band £160,001 - £170,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £2.5m)
“The Governors policy is to require cash of £2.5m to be ring fenced in a separate bank account and outside of cash available for the day to day working capital. This cash reserve is sufficient to cover three month’s running costs or two years' worth of bank loan repayments.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Close relatives of Key Management Personnel received salaries.
“Close members of the Key Management Personnel's family (noted on page 1) are paid a total salary of £131,289 (2024: £116,110). The wife of one of the Governor’s also has her salary included within this total.” — page 48
“Governor donations to the School totalled £3,245 in the year.” — page 48
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Governors made donations to the school.
“Close members of the Key Management Personnel's family (noted on page 1) are paid a total salary of £131,289 (2024: £116,110). The wife of one of the Governor’s also has her salary included within this total.” — page 48
“Governor donations to the School totalled £3,245 in the year.” — page 48
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £13k
“The present value at 31 August 2024 of future commitments relating to the deficit contributions has been calculated as £12,615 (2024: £3,056).”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Pangbourne College Enterprises Limited
“The charitable company has a wholly owned non-charitable subsidiary, Pangbourne College Enterprises Limited, whose activities and trading performance are discussed below.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. 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)

3 registered titles in England and Wales held by the charity’s company or corporate body (3 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 31/08/2025)

Total income
£12.6m
Total spending
£12.7m
Cost of raising funds
£216k
Reserves (reported)
£2.5m
Employees
125

Reported reserves equal ~2.3 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% 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: 1.7% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: West Berkshire

Income and spending

Financial year endIncomeSpending
31/08/2025£12.6m£12.7m
31/08/2024£14.0m£13.2m
31/08/2023£13.3m£12.7m
31/08/2022£12.3m£11.6m
31/08/2021£11.1m£9.9m

Common questions

Is PANGBOURNE COLLEGE LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a pre-depreciation surplus of £267k for the year ended 31 August 2025, with unrestricted funds standing at £14,171,715. The trustees maintain a reserves policy requiring £2.5m in cash to be ring-fenced, which is described as sufficient to cover three months' running costs. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of PANGBOURNE COLLEGE LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £160,001 - £170,000 band.

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.

FunderSimilar charities fundedAmount to them
THE ROTHERWICK FOUNDATION1—
THE J A R CHARITABLE TRUST1£8k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HEATH MOUNT SCHOOL TRUST LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PANGBOURNE COLLEGE LIMITED£12.6m£160,001 - £170,000—unclear—no doubt
HEATH MOUNT SCHOOL TRUST LTD FY2025£10.1m——unclear—no doubt
EASTBOURNE COLLEGE (INCORPORATED) FY2025£28.1m——unclear—no doubt
RICHMOND HOUSE SCHOOL FY2025£2.7m——unclear—no doubt
WESTBOURNE SCHOOL TRUST LIMITED FY2025£4.7m——unclear—no doubt
HURSTPIERPOINT COLLEGE LIMITED FY2025£40.3m——unclear—no doubt

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