PMSA Annual Reports

Each PMSA school operates independently and is responsible for the school’s financial budget and performance. Each school has independent income, expenditure, budgets and targets. The income that each school receives from tuition fees, donations and government grants is used entirely to operate and develop that school. The School Council, Principal and Business Manager manage the financial accounts at each school which are audited by KPMG in accordance with the Australian Accounting Standards.

As a part of each school’s budget, each school contributes to cover the cost of shared services that are arranged by the PMSA corporate office including cost-effective, collective purchase arrangements such as insurance and auditing, and other services such as policies and guidelines and professional development for our schools’ staff. The PMSA is able to leverage the consolidated schools’ size and strength to maximise the benefit for each school.

Like other schools  that are a part of a larger group of schools, the PMSA reports and operates as a consolidated not-for-profit organisation and provides only the consolidated annual report. The following are the audited Consolidated Annual Reports for the PMSA.

2017 PMSA Annual Report and Consolidated Financial Report

2016 PMSA Annual Report and Consolidated Financial Report 

2015 PMSA Annual Report and Consolidated Financial Report

2014 PMSA Annual Report and Consolidated Financial Report

These reports are provided to the Australian Charities and Not-for-profits Commission (ACNC). You can see the PMSA’s listing and information we provide on the ACNC website.  

The PMSA is not required to release individual school figures. This advantages the schools as they operate in competitive private education environments. This is common practice for other private schools that operate within larger groups.

Each school prepares an Annual Report which you will find on their website. Below are each school’s Annual Reports for 2017. 

Brisbane Boys’ College Annual Report

Clayfield College Annual Report

Sunshine Coast Grammar School Annual Report

Somerville House Annual Report

More information about each school is also available MySchool website where you can search by school name. Each school is required under the Australian Education Act 2013 to complete an annual financial questionnaire which is the source of the information on this site.