Charity règistration numbgr 1100911
Company règlstration number 04740185 (England and Wal8sI
JOHN POUNDS COMMUNITY TRUST LIMITED
IUMITED BY GUARANTEEI
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
A Barrett
P C Goodship
B Lloyd Payne
ACNorth
G E Perryman
Secretary
P C Goodship
Senior management
P C Goodship
Chair
Charity nurnber
1100911
Company number
04740185
Principal address
The John Pounds Centre
23 Queen Street
Portsea
Hants
Portsmouth
P013HN
Roglster&d offl¢g
The John Pounds Centre
23 Queen Street
Portsea
Hants
Portsmouth
P013HN
Independent examlner
Carpenter Box
53 Kent Road
Soulhsea
Hampshire
United Kingdom
P05 3HU
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Wesl Malling
Kent
ME19 4JQ
Sollcltors
DMH Stsllard
Griffin House
135 High Street
Cra¥Mey
Wesl Sussex
RH101DQ

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
CONTENTS
Page
Trustees report
Independent examinerfs report
statement of financial activities
Balance sheet
Stslemenl of cash flows
10
Notes lo the financial statements

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial slalements and comply with the Irusl's Memorandum and Articles of Association, the Companies Act 2006
and 'Accounling and Reports"ng by Charities." Stslemenl of Recommended Practice applicable lo charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 leffective 1 January 20191.
Objectives and activities
Charitable ob'ectives
The Trust's objects are..
To advance education and lo provide facilities for social, recreational and creative leisure time opportunities
for the people of Portsmouth, particularly in the area known as Portsea, in co-operation with the residents
of the area, the local authority and voluntsry and other organisalions wth the object of improving their
conditions of life,. and
To establish, maintain and manage the John Pounds Centre in liaison with other voluntsry and slalulory
bodies and to promote community involvement in such management.
There has been no change in these during the year.
Aims of the Trust
The Trust shall contribute lo the on-going regeneration of Portsea and the surrounding area by improving the
economic and social well-being of the community.
The Trust achieves this by providing a range of services, aclivilies, infomiation and advice lo individuals and local
businesses particularly social enterprises and sole traders through the provision of the community centre and
Treadgolds. ensuring there is a safe and relaxing environment for all who attend. The overall objective shall be lo
promote..
Self esteem.,
Health and Well-being, Sport and Fitness through the provision of sporting facilities.,
Entrepreneurship and the creation of local businesses supported by affordable serviced offi￿ space,.
Lifelong learning, training and personal development,
Arts and culture," and
Community services directly and through the Trust's Partners.
Publio b&n&fit
The trustees have paid due regard to guidan￿ iSSLJed by the Charity Commission in deciding what activities the
trust should undertake.

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Activities
The Centre continues lo host a wide range of activities and tenants, generating steady income.
Regular and returning users..
Trinity College, Viva Gym Club, Christ Central Church, Princes Trust, Solent Mind, Society of St James, NHS Trusts,
HIVE Portsmouth, and Tertulia Language School.
New uses..
Wellness and dance classes linduding Forro, a Brazilian community dance).
Weddings and private ￿lebratIonS in the main hall and café.
Filming and pholDgraphy sessions through Puretech and Photoworks.
Conferences and training Including NHS Inclusion team, Brockenhurst College, and Portsmouth Hospitals
University NHS Trust events.
Tenants".
Aldingbourne Trust Cafè & Banqueting Service continues lo thrive, improving the centre's offer lo visitors
and hirers.
NHS Research Hub remains bul faces uncertainty beyond March 2025 due to funding changes.
Swan Advocacy renewed tenancy within the Hub.
Achlevements and perfomian¢e
Significant activities and achievements against objeclwes
The 2024-25 year has been one of steady delivery, financial restraint, and strategic planning for the John Pounds
Community Trust. Despite significant cost pressures, the Trust has maintained a full programme of community
activity, supported partner organisations, and conb'nued to operate two major community buildings.. the John Pounds
Centre and Treadgolds Heritage Site.
Both facilities remain vital in the Portsea area, providing affordable space for health, education, arts, and social
aclivilies. Trustees, staff, and volunteers have worked hard to balance financAal sustainability with the Trust's core
charitable mission of inclusion, opportunity, and wellbeing.
The Trust continued lo provide and host a diverse community programme with direct and indirect impact across
Portsea and wder Portsmouth.
Youth and Family Programmes
Youth Gym Inductions introduced in partnership wth the youth service lo encourage fitness participation.
HAF Pompey Summer Programme provided 3 weeks of free activities and meals for 5-12 year olds,
averaging 25 children per day.
Cultural and Creative Work
Photoworks 'Photography Champions" initiative hosted at Treadgolds, engaging local photographers in
exhibitions, talks, and community dialogue.
We Shine Festival and othèr exhibitions brought new audiences lo Treadgolds.
Brazilian Dance IForrOI sessions develO￿d into a regular, inclusive community event.
Local Engagement
PCC Community Champions Programme facilitated resident workshops focusing on health, awareness.
community, and young people.
JPCT contributed local insight and identified opportunities for collaboration.
MAKE and the Nursery partnership continued lo ellhan￿ the community garden.

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial raview
The Trust reported a nel dèficit for the year of £145,443 comprising a surplus on unreslricled gèneral funds of
£93,058, 8 deficit on unrestricted designated funds of £198,668, and a defi¢il on restricted funds of £39,833. This
compares with a surplus of £1,485 on lolal funds for the year ended 31 March 2024.
At 31 March 2025 fund balan￿5 carried forward comprised general unrestri¢ted funds in surplus of £97,506,
designated funds in surplus of £8,927 and restricted ftjnds in surplus of £420,024.
ReseNes polioy
11 is the policy of the trust that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to between three and six month's expenditure. The Iruslees consider that reserves
al this level will ensure that, in the event of a significant drop In funding, they wll be able to continue the trust's
current activities while consideration Is given lo ways in which additional funds may be raised. This level of resètves
has not been maintained throughout the year. In the short term the trustees would be able to access the
Designated funds lo the exlenl that they have not been spent bul this is far from ideal. Al the year end unrestricted
reseNes lex¢luding fixed asset designated fund) amounted to £103,166, covering 3.8 months of expenditure after
excluding costs which will not be incurred in future period.
Going Concem
As mentioned in previous years the Trust has been in negoliation with Portsmouth City Council, the freehold owners
of the John Pounds Community Centre, ￿rith the hope of reaching a sab'sfactory financial arrangement to address
the escalating cost of operating the Centre much of which had arisen from the City's failure to adequately maintain
the Centre and observe its leasehold obligations in this respect.
While it had looked likely during much of 2024 that such an arrangement would be secured the City eventually
concluded, following a thorough detailed analysis of the oulslanding maintenance required lo address the problems,
that il was unable lo afford to fund the backlog of maintenance which amounted lo several million pounds.
As a result the Trust and City agreed an arrangement whereby the Trust would transfer the business of operating
the Centre to the City Council and this took effect from 1 April 2025. This has left the Trust with a significantly
reduced overhead on the one hand and Treadgolds on the other from which it can undertake ils charitable work. On
this basis the trustees consider the charity lo be a going COn￿rn.
Pnncipal fvnding SoU￿S
Funding activity has been diverse, tsrgeling small and medium-sized grants for arts, health, and building
sustainability.
Key submissions..
Holidays Activity and Food Portsmouth- for children's holiday activities.
Heritage Lottery Fund- Development Grant- Treadgolds- supporting surveys and business planning.
VCSE Energy Efficiency Scheme- LED lighting upgrade.
Household Support- lo support food services with the purchase of a new van.

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Major risks
The trustees are responsible for ensuring that there are effective risk management systems in place alongside
internal controls lo manage the major risks. The trustees continually assess the major risks to which the trust is
exposed and where appropriate systems or prlxedures have been established to mitigate the risks the trust face.
The trustees are satisfied that systems are in place to mitigate exposure to the major risks.
The significant majority of risks are reviewed as a matter of routine e.g. staff movements, safeguarding, financial
performance, competition, government policy, health and safely elc wlh any other being raised through board
mèetings.
External risks to funding are reviewed regularly while new sources of funding are sought lo continue lo grow existing
projects. This is undertaken by the finance team. Intemal control risks are minimised by the implementation of
procedures for authorisation of transactions and projects.
Plans for future perlods
Looking ahead, the Trust's focus will be on securing a financially and operationally sustainable model with partners.
Priorities include-.
Expanding commercial income through venue hire and banqueting.
Completing the Treadgolds Renaissance Proje¢l and preparing a nexl-slage funding application.
Deepening community partnerships, especially around health, wellbeing, and youth engagement.
The operation of John Pounds CDmmunty Centre is continuing but with effect from 1 April 2025 is the responsibility
of Portsmouth City Council.
The Board remains confident that, with continued collaboration and prudent management, the Trust wll emerge
stronger and more resilient in the coming year.
Structure. governance and management
Governin
Document
The Trust was incorporated on 22 April 2003 and is a private company limited by guarantee (Company number
047401851. The Trust is also a registered charity (Number 11009111. The Registered office and principal address
of the charity is The John Pounds Centre, 23 Queen Street, Portsea, Portsmouth, Hampshire, P01 3HN.
The Trust is governed by i(s Articles and Memorandum ofAssocialion which grant wide powers of investment lo the
Trustees.
The trustees, who are also the directors for the purpose of company18w, and who served during the year and up to
the dale of signature of the financial stslemenls were".
A Barrett
P C Goodship
B Lloyd Payne
ACNorth
G E Perryman
A J Pottinger
A Mortlock
L M Wlder
(Resigned 10 October 20251
(Resigned 31 January 20251
(Resigned 31 January 20251

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Recmilment and appointment of trustees
The Trust requires a minimum of 5 members who can be nominated by a number of prescribed local organisalions.
Ultimately the decision as to whether or not lo appoint a new member rests with the Trustees. Trustees attend an
annual Strategic Away Day whi¢h focus on the obligations of the trustee within the Charity sector. The Trustees
also have access to induction training provided through an extemal training provider and continued online training
through the Charity Commission website and solicitor newsletters.
Safeguarding
The Trust is committed lo ensuring robust safeguarding arrangements lo protect all vulnerable people including
children, young people and disadvantaged young adults, who use the cenlre, from harm. Staff (including volunteers
and ttusleesl receive Information regarding the Trust's Safeguarding Policy, ongoing training and checks for criminal
records before they have unsupervised access lo children or vulnerable people. Any Safeguarding or Child
Protection incidents are reportable lo the Centre Director who wll lake the necessary action as required. The
following guidelines are followed lo facilitate this Safeguarding Policy..
Child protection & police checks procedure,.
Employment procedure (References and DBS checks).,
Portsmouth City Council's Code of Practice for Vvorking with Children,. and
Hiring Procedure linc. checking qualifications and DBS checks on groups hiring centre facilitiesl.
The Trust undertook a review of its Sageguarding and DBS procedures, with a new Trustee safeguarding lead to be
confimied.
Qualifying Ihirdparty indemnilypn)vls￿ns
The Trust maintains insurance policies on behalf of all the trustees against liabilty arising from negligen￿, breach
of duty and breach of trust in relation lo the Trust.
Membets obligations
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee lo Contribute £1 in the event of a winding up.
Organisalional slwclur8
The Trustees, who are also directors, delegate the day-to-day operation of the Centre to the Centre manager, and
staff. Within the John Pounds Centre, the organisation is divided as follows..
Operations team
three Centre supervisors responsible for cleaning staff and managing operational
aspects of the building.,
Management team
responsible for the receplionisls, marketing and promotions of the Centre and its
activities and Coordinating major events.,
Finance Assistant.,
Gym Instructors., and
Coaches and Project workers.
The trust also sources regular external bookkeeping support.
These functions report directly lo the Centre Manager.
Significant decisions require a report to be written by the Centre Manager and presented to the Board of Trustees
for voting, before any action is taken. The approval of all contracts must be signed by the Chair and one other
trustee.

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Relationship with widernelwork
The Trust's collaborative ethos remains central to its success. Key partners this year included..
Portsmouth City Council IHousing, Community, and Energy teams)
Aldingbourne Trust (café and catering)
Groundwork South (energy assessmenti
Pholoworks and Aspex Gallery (arts collaboralionl
Solenl NHS Trust and Portsmouth Hospitals University Trust
Princès Trust, Solenl Mind, and HIVE Portsmouth
These partnerships have strengthened the Trust's reputslion as a practical, well-connected delivery hub for social
impact in Portsmouth.
The trustees report was approved by the Board of Trustees.
P C Goodship
Trustee
Date..

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF JOHN POUNDS COMMUNITY TRUST LIMITED
I report lo the trustees on my examination of the financial slalements of John Pounds Community Trust Lirnited (the
trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the trust land also ils directors for the purposes of company lawl you are responsible for the
preparation of the financial slalements in accordance with the requirements of the Companies Act 2006 Ilhe 2006
Act).
Having satisfied myself that the financial slalemenls of the trust are not required lo be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of the trust's financial
statements carried OLJt under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I
have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act.
Indepgndent examlngrfs stalement
Since the trust's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145
of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered A¢counlanls in England and Wales, which is one of the listed boLlies.
I have completed my examination. I confirm that no matters have come lo my attention in connection with the
examination giving me cause lo believe that in any material respect".
accounting records were not kept in respect of the trust as reqLJired by section 386 of the 2006 A¢l', or
the financial slalements do not accord with those records., or
the financial slalemenls do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a maller Considered as part of an
independent examination., or
the financial slalements have not been prepared in accordance wth the methods and principles of the
Statement of Recommended Practi￿ for accounting and reporting by charities applicable lo charities
preparing their accounts in accordance with thè Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concems and have come across no other matters in connection with the examination lo which attention
should be drawn in this ￿port in order lo enable a proper understanding of the financial slalements lo bè reached.
Timothy Millett FCA
Carpenter Box
53 Kent Road
Southsea
Hampshire
P05 3HU
United Kingdom
Dated..

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Restrlcted
funds
funds
2025
2025
Total Unrestrlcted Restrlcted
funds
fund$
2024
2024
Total
2025
2024
Notes
Income from:
Donations and legacies
Charitable activities
Investments
413,056
275,361
3,336
120,905
533,961
275,361
3,336
356,928
287,818
4,025
150,726
507,654
287,818
4,025
Total income
691,753
120,905
812,658
648,771
150,726
799,497
Charitable activities
Other expenditure
768,472
33,079
128,209
28,341
896,681
61,420
697,950
100,062
798,012
12
Total expenditure
801,551
156,550
958,101
697,950
100,062
798,012
Net incomellexpenditurel
1109,7981
{35,6451 1145,443)
149,1791
50,864
1,485
Transfers befvleen
funds
14
4,188
14,1881
31,155
131,1551
Net movement In
funds
1105,6101
{39,8331 1145,443}
118,024)
19,509
1,485
Reconclllatlon of fund$:
Fund balances al 1 April 2024
212,043
459,857
671,900
230,067
440,348
670,415
Fund balances at 31 March
2025
106,433
420,024
526,457
212,043
459,857
671,900
The $18temenl of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from ¢onlinuing activities.

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
15
412,562
443,798
Current assets
Debtors
Cash at bank and in hand
16
55,879
150,604
28,890
284,841
206,483
313,731
CreditoTr: amounts falling due within
one year
17
92,588
85,629
Net current assets
113,895
228,102
Total assets less current liabilitios
526,457
671,900
The funds of the trust
Restricted income funds
Unrestricted funds
19
20
420,024
106,433
459,857
212,043
526,457
671,900
The company is entiued to the exemption from the audit requirement wntsined in secb'on 477 of the Companies Act
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an aLJdit of its financial statements for the year in qLJestion in
accordance with section 476.
These financial ststemenls have been prepared in accordan￿ with the provisions applicable to companies subject
to the small companies regime.
The financial stslemenls were approved by the Iruslees on .
P C Goodship
Tru$teg
Company registration number 04740185 (England and Wales)

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatlng actlvltles
Cash (absorbed byllgeneraled from
operations
24
{81,6011
17,178
Invg$tlng a￿1¥111￿$
Purchase of tangible fixed assets
Interest received
155,9721
3,336
128,2601
4,025
Net cash used in investing activities
152,6361
124,2351
Net cash used in financing activities
Net decrease in cash and cash equivalents
1134,2371
17,057)
Cash and cash equivalents at beginning of year
284,841
291,898
Cash and cash equlvalents at end of year
150,604
284,841
10-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity inforniation
John Pounds Communty Trust Limited is a private company limited by guarantee incorporated in England and
Wales. The registered office is The John Pounds Centre, 23 Queen Street, Portsea, Hanls, Portsmouth, P01
3HN. The principal place of business is Treadgold, 1 Bishop Street, Portsmouth. P013DA.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the trust's MemorandLJrn and Articles of
Association,
the Companies Act 2006 and Accounting and Reporting by Charities.. Slalement of
Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191 The
trust is a Public Benefit Entity as defined by FRS 102.
The financial slaternenls are prepared in sterfing, which is the functional currency of the trust. Monetary
amounts in these financial stslemenls are rounded lo the nearest £.
The financial slalements have been prepared under the historical cost convention. The principal accounting
policies adopted are sel out below.
1.2 Going concern
Al the lime of approving the financial slatemenls, the trustees have a reasonable expectslion that the trust
has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of a￿o￿ntIng in preparing the financial stslemenls.
The Iruslees financial projections have tsken into account the ongoing impact of the loss in unreslricled funds.
However, the active pursuit of new sources of income and the current level of unreslricled reserves, excluding
fixed asset designated fund, have enabled the Iruslees to satisfy themselves that the trust iemains a going
concern.
1.3 Charitabl8 funds
Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific
purposes. The purposes and uses of the designated ftjnds are set out in the notes to the financial slalements.
Reslricled fijnds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial slalements.
1.4 Income
Income is recognised when the trust is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of
the donation, unless perfomance conditions require deferral of the amount. Income lax recoverable in relation
lo donations received under Gift Aid or deeds of covenant is recognised al the time of the donation.
Donated services and facilities are induded at estimated market value being the estimated values of the
ServI￿S or facility received.
Grants re￿1v￿ble from govetnment and charitable foundations ale taken to income when the conditions for
receipt are mel. Grants are deferred if the donor specifies that the expenditure musl be incurred al a later
dale.

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
Deferred income represents amounts received for future periods and is released lo incoming resources in the
period for which il is receivable.
Membership subscriptions are recognised when re￿ived.
1.5 Expenditure
Charitable expenditure comprises those costs incurred by the Trust in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated diredy to such activities and those costs of
an indirect nature necessary to support them.
Govemance costs include those costs associated with meeting the conslitulional and slatulory requirements
of the Trust and include the audit fees and costs linked to the strategic management of the Trust.
I costs are allocated directly be￿een the expenditure categories of the accounts on a basis designed lo
reflect the use of the resource.
1.6 Tanglblg flx9d a$$gts
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their
usefLJI lives on the following bases..
Land and buildings
Plant and machinery
Fixtures, fittings & equipment
Computers
Motor vehicles
Phase one- Over 5 years Phase two- Over 50 years
250/0 Reducing balance
25% Reducing balan
33.330/0 Straight line
250/0 Reducing balance
The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
Al each reporting end date. the trust reviews the Carrying amounts of its tangible assets lo determine whether
there is any indication that those assets have suffered an impairment loss. If any such indication exists, the
recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held al call wth banks. other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
12-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
1.9 Flnanclal Instruments
The trust has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Seth'on 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the trust's balance sheet when the trust becomes party lo the
conlraclual provisions of the Inslrumenl.
Financial assets and liabilities are offset, wf(h the net amounts presented in the financial slatemenls, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to sellle on a nel
basis or to realise the asset and setue the liability simLJltaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing Ir8nsaclion, where the transaction is
measured at the present value of the future receipts discounted al a market rale of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement constitutes a financing transaction, where the debt instrLJment is measured at the present
value of the fijture payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequendy carrieLI al amortised cost, using the effective Interest rale method.
Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al
transaction price and subsequendy measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Irusl's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday enliuement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the trust is demonstrably committed lo
terminate the employment of an employee Dr to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
13-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Critical accounting estimates and judgements
In the application of the Irusl's accounting policies, the trustees are required lo make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The eslimales and associated assumptions are based on historical experience and other factors that
are considered lo be relevant. Actual resu115 Tnay differ from these eslimales.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimales are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and ftjture periods where the revision affects both current and future
periods.
In¢omg from donatlons and 19gac19$
Unrestrlcted Restrlctod
funds
funds
2025
2025
Total Unrestrlcted Restrlcted
funds
funds
2024
2024
Totsl
2025
2024
Donations and gifts
Core funding grants
Donated goods and
services
2,853
125,412
2.853
246,317
4.046
68,091
4.046
218,817
120,905
150,726
284,791
284,791
284,791
284,791
413,056
120,905
533,961
356,928
150,726
507,654
Grants recelvable for core actlvltles
Portsmouth City Council -
Core grant
Portsmouth City Council -
Service charge grant
The National Lottery
Hampshire and Isle of
Wight Community
Foundation
HIVE
European Regional
Development Fund
Partnership Foundation
Portsmouth City Council
Groundwork UK
43,126
43,126
43,126
43,126
82,286
82,286
37,737
24,965
24,965
113,475
37,737
113,475
4,950
4,950
5,000
5,000
8,301
300
23,850
8,301
300
23,650
51,470
26,748
51,470
26,748
125,412
120,905
246,317
68,091
150,726
218,817
Donated goods and servlces
The Trust occupies premises provided by Portsmouth City Counal IPCCI. In addition PCC maintain the
structure of the building. These benefits which have been quantified in the sum of £284,791 have been
included as both income and expenditure in the accounts, the former on the basis of an estimate of
commercial rent, the latter according to planned maintenance survey figures.
14-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Incoming resources from charitable activities
Communlty Communlty support
support
facllltles
facilities
2025
2024
Farylities hire
275.361
287,818
Charltable Income
The Trust's main aclivty is the provision of a community centre with income generated through the
hire of the faalities by community groups, residents and medical providers.
Income from investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
3,336
4,025
Expendlture on charltable actlvltles
Community Community
support
support
faGllltles
facllltles
2025
2024
Dirèct costs
Staff costs
Depreciation and impairment
Activity and coaching costs
233,700
25,788
29,411
232,834
26,698
39,416
288,899
298,948
Share of support and governance costs (see note Bl
Support
Governance
491,588
116,194
489,467
9,597
896,681
798,012
Analys1$ by fund
Unreslricled funds
Restricted funds
768,472
128,209
697,950
100,062
896,681
798,012
15-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Description of charitable activities
Communi
su
ort facilities
Through the provision of a community centre, the Trust offers health and wellbeing support to the local
community and the hire of its facilities lo various groups and organisations.
Support costs allocated to activities
2025
2024
Operating lease charges
Premises costs
AdministratlDn
Staff related costs
Finance costs
General expenditure
Governance costs
5,432
444,645
31,049
2,137
2,010
6,315
116,194
5,008
444,968
30,286
2,417
1,870
4,918
9,597
607,782
499,064
Analysed between:
Comrnunty support facilities
607,782
499,064
The Iruslees consider that all support and governance costs should be allocated lo the charitsble activities of
the Trust.
Support costs include payments to the auditor of £20,100 12024- £21,600) for management a¢￿Unts.ng and
bookkeeping servI￿s.
Net movement in funds
2025
2024
Nel movement in funds is slated after chargingllcredilingl
Fees payable lo the company's auditor for the audit of the company's financial
slalements
Depreaalion of owned tangible fixed assets
Loss on disposal of tangible fixed assets
Operating lease charges
6,425
25,788
61,420
5.432
6,261
26,698
5.008
10 Trustees
None of the trustees lor any persons connected with them) re￿iVed any remuneration during the year, and
none of them were reimbursed expenses12024- none were reimbursed}.
During the year the Trust paid, as part of ils Insuran￿ Costs. a proportion in respect of insurance to protect
the Trust from loss arising from the neglect or defaults of its Trustees and indemnify the Trustees against
consequen￿$ of any neglect or default on their part.
16-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
11
Employees
The average monthly number of ernployees during the year was..
2025
Number
2024
Number
Charrtable
14
Employment costs
2025
2024
INages and salaries
Social security costs
Other pension costs
213,505
16,168
4,027
213,941
15,012
3,881
233.700
232,834
There were no employees whose annual remuneration was more than £60,000.
Rgmun8ration of koy managomènt p&rsonn81
The remuneration of key management personnel is as follows.
2025
2024
Aggregate compensation
50,566
50,557
12 Other
Unrestrlcted Restrlcted
funds
funds
2025
2025
Total
Total
2025
2024
Nel loss on disposal of tangible fixed assets
33,079
28,341
61,420
13 Taxallon
The income of the Trust is exempl from charge lo tsx in accordance with the provisions of the Corporation Tax
Act 2010 and the Taxation of Chargeable Gains Act 1992.
14 Transfers
A total transfer of £3,777 was made to unrestricted funds from various restricted funds during the year
representing rent, room hire and administration fees for running projects.
Additionally. a transfer was made from Fixed Asset restricted fund lo Fixed Asset designated fund of £411
representy'ng the net book value of assets whose restriction condity'on has been completed.
17-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
15 Tangible fixed assets
Land and
buildings
Plant and
machinery
Fixtiire5,
ffttings 8
equipment
Computsrs Motor vehicle5
Total
Cost
At 1 April 2024
Additions
Disposals
429,362
137,396
57,458
26,748
180,3451
26,227
430
117,5571
12,900
28,794
663,343
55,972
1232,3001
1134,3981
Al 31 March 2025
429,362
2,998
3,861
9,100
41,694
487,015
Depreclatlon and
Impairment
Al 1 April 2024
Depreaation charged in the
year
Eliminated in respect of
disposals
40,502
118,257
25,613
22,954
12,219
219,545
8,271
4,784
9,076
2,887
770
25,788
1121,4131
132,3161
117,1511
1170,8801
Al 31 March 2025
48,773
1,628
2,373
8,690
12,989
74,453
Carrying amount
Al 31 March 2025
380,589
1,370
1,488
410
28,705
412,562
Al 31 March 2024
388,860
19,139
31,845
3,273
681
443,798
16 Debtors
2025
2024
Amounts falling due within one year-
Trade debtors
Other debtors
Prepayments and accrued income
42,674
5,250
7,955
10,604
5,048
13,240
55,879
28,890
18-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
17 Creditors: amounts falling due within one year
2025
2024
Trade creditors
Other creditors
Accruals and deferred income
37,862
15,817
38,909
37,722
15,915
31,992
92,588
85,629
Included within other creditors are monies held as agents. John Pounds Coummunily Trust have no input
into the generation of income or expenditure of these ftjnds. they are merely holding the money on behalf of a
third party. The following is an analysis of monies held as agents..
Movement In funds
Incoming
Resources
resources
expended
Balance at 1
April 2024
Transfers Balance at 31
March 2025
Top Tots
317
1981
219
317
1981
219
18 Retlrement beneflt schemes
Defined contribution schemes
The trust operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the trust in an independently administered ftjnd.
The charge to profil or loss in respect of defined contribution schemes was £4,02712024- £3,881).
19-

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Ooo

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
20 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These Indude
designated funds which have been sel aside out of unreslricled funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources
expended
Transfers At 31 March
2025
Renewals fund
Social Enterprise fund
Project closure costs fund
Gunwharf
COVID recovery fund
Foodcycle fund
Food Portsmouth fund
Holiday Activity fund
Fixed Asset fund
General funds
118,766
10,000
15,934
157,1941
161,5721
110,0001
115,9341
12,5001
11,4521
2,500
2,767
2,164
6.299
1,761
49.904
4,448
11,3151
17561
353
1,761
3,899
12,4001
11,0451
841
98,250
1,837
12,5531
147,4781
1692,2551
3,267
97,506
687,063
212.043
691,753
1801,5511
4,188
106,433
Previous year:
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
Renewals fund
Social Enterprise ftjnd
Project closure costs fund
COVID recovery fund
Foodcycle fund
Food Portsmouth fund
HolidayActivily fund
Neighbourly fund
Fixed Asset fund
General funds
151,641
10.000
15,934
2,997
2,204
7,576
675
3,000
125,8911
19,9841
118,766
10.000
15,934
2,767
2,164
6,299
1,761
12301
11,0861
11,2771
1,046
2,586
500
11,5001
15001
116,6911
1852,2751
38,691
349
27,904
14,735
49,904
4,448
641,e39
230.067
648,771
1697,9501
31,155
212,043
-23-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
20 Unrestrlcted funds
Icontlnuedl
Renewals fund
The renewals fund was sel up lo cover the cost of replacing computers and equipment based on a 10 year
renewal programme, which was essential for the Centre. At the year end this fund balance was transferred to
general funds as no longer operating at the Centre due to the move of premises.
Social Enter
rise fund
The social enterprise fund was to assist the development of business established by local residents within the
Centre. At the year end this fund balance was transferred lo general funds as not longer operating al the
Centre due lo the move of premises.
Pro
ecl Closure Costs fund
The project closure cost fund enabled the Trust to continue to provide seNices for a period beyond that
covered by the grant, whilst actively seeking new sources of funding. At the year end this fund balance was
transferred to general funds as not considered necessary due to limited projects ongoing.
Gunwharf
A donation provided by Land Securities Properties Limited used against the running costs of the Cenlre.
COVID Recove
fund
Funding sel aside to help with transition back lo normal centre services over five years.
Foodc cle fund
This fund has been sel aside to support the ongoing operation of the foodcyde project through donations and
¢onlribulions from 'kilchen takeovers" and fundraising by the Trust.
Food Portsmouth fund
This fund has been sel aside to help support future workshops and events in the comrnunty and is funded by
donations and fundraising by the Trust.
Holida Aclivil fund
Through additional contributions, this fund will help lo support school children wlh meals and activities during
school holiday periods.
Nei
hbourl fund
Funds provided lo support warm spaces over the winter period for local residents.
Fixed Asset fund
This fund is an amount equivalent to the net book value of unreslricled fixed assets.
General fund
These funds can be used for any purpose lo further the objectives of the charty.
21 Analysis of net assets between funds
Unrestricted
funds
2025
Restrictsd
funds
2025
Total
2025
Fund balances at 31 March 2025 are represented by-
Tangible assets
Current assetsllliabililiesl
3,267
103,166
409,295
10,729
412.562
113,895
106,433
420,024
526,457
-24-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
21 Analysls of net assets between funds
Icontlnuedl
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Total
2024
Fund balances at 31 March 2024 are represented by:
Tangible assets
Current assetsllliabililiesl
49,902
162,141
393,896
65,961
443,798
228,102
212,043
459,857
671,900
22 Operating lease commitments
Lessee
Al the reporting end date the trust had outstanding commitments for future minimum lease payments under
non-cancellable operating leases, which fall due as follows..
2025
2024
Ilhin one year
854
Lessor
The operating leases represent subleases to third parties. The leases are negolialed over terms of 1 year lo
10 years and rentals are fixed over the term of the lease. All leases are not continuous al their end dale and
musl be renewed to allow continued occupation.
Al the reporting end date the lotsl future minimum sublease payments expected to be received under non-
cancellable subleases was
2025
2024
Ilhin one year
4,556
23 Related party transactions
Transactions with related parties
During the year the trust entered Into the following transactions Tmth related parb"es.'
Christ Central Church. a charitable company for which A North is CEO, hired facilities amounting to £21,298
from the charity. The hire of these facilities occurred whilst trustee lo the charity.
-25-

JOHN POUNDS COMMUNITY TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Cash generated from operations
2025
2024
IDeficitl/surpus for the year
1145,4431
1,485
Adjustments for".
Investment income recognised in statement of financial activities
Loss on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
13,3361
61,420
25,788
{4,0251
26,698
Movements in working capital..
Ilncreaselldecrease in debtors
Increaselldecreasel in creditors
126.9891
6,959
8,622
115,6021
Cash labsorb9d byllggn9ratgd from op9ratlon$
181.6011
17,178
25 Anatysis of changes in net funds
The trust had no material debt during the year.
-26-