Company reglstration number: 06139222
Charlty registration number: 1120763
Whitehaven Harbour Youth Project
Company Limlted by Guarantee
Unaudlted Financial Statements
31 March 2024
robTnson+co
Chartered Accountants

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Flnancial Statements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the directorfs report)
,Independent examiner's report to the trustees
Statément of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements
8-19

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report)
Year endod 31 March 2024
The trustees, who are 8lso the directors for the purposes of company law, present their report and the
unaudiled financial statements of the charity for the year ended 31 March 2024.
Objectlves and actlvltles
Whitehaven Hart)our Youth Project IWHYP) was set up in 1995 In recognition of an acute lack of
youth provision in the town. Initially based on the harbourside, the project moved in 2008 Into much
bigger premlses in the ground floor of the town centre multl-storey car park still close to the harbour
and accessible by bus and on foot from nearby housing estat88. In 2022, with consultancy support
provided by the Francis C 'Scott Charitabl8 Trust step Change Programme, we undertook a str8teglc
review whlch has led us to adopt a series of strategic plllars and sleers and a dellvery action plan,
Our refreshed mlssion statement describes us as follows:.
'We arn a Ioc81 charitable organisation, dedic8ted to glving young people opportunif18S to develop their
polential, to understand Ihamselves and.others, and to have 8'good time. We achieve that by
delivering hlgh quality, evidenGe-based youth work, in our town c8ntre f8cility and thmugh outdoor
adventure,.
Our premises include 8 well-equipped youth space including a kitchen, IT spac& and meeting room.
To Ihe rear of this is a sports hall which has seen a significant upgrade, introduclng 8 second climblng
wall and a new boulderlng wall. These works were successfully completed, through ,the Covid
pandemic period. and extended to Include a new frontage for our facility with improved disabled
access. Alongside this we have a minibus and large range of outdoor equlpment.
We provide a robust weekly prograrnme cf actlvities Monday- Friday evenings including targetèd and
unlversal youth work sessions alongside, adventure actlvily. Being the only centre In West Cumbrfa
with an Adventure Activities Licenca makes our adventure offer particularly attractlve. We emplcy. six
full-tlme and two part-tlme staff. All our delivery staff have relevant quallfications in youth work or
adventure activities and our outdoor instructors have National Govarning Body awards Sn all r81evant
discipllnes.
We w&lccme all young people but our focus is on work with targeted young people. Our immediate
catchment exhibits significant social and economic deprivation and includes some of the most
deprived neighbourhoods in West Cumbria. However, vulnerable young people are not restricted to
deprived areas and there is also a general concem about mentsl health issue5 across Wesl Cumbria.
We recognlse these needs and seek to address them, where we can, and to build emotion81 health
and well-being in all our delivery.
Youth work oulcomes are achieved in both our indoor yOLrth club setting and in our outdoor actlviti8S.
There is an important synergy between the two. W8 8mphasise and encourage physical activity,
across a broad range of possibilities in our offer, with a focus on local opportunitie5 for adventure
activity given the feedback from young people and value of the outputs from this over the last few
years.
Partnership working is 8 key elemenl of our delivery and sustainability. We support the Copeland
Youth Ne￿Ork as a strategic voice for youth provision in the area.and work with other,providers and
commissioning bodies, including Future Pathways being managed by Cumbria Police, Inspira In
supporting NEET young people, th& Outdoor Partnership and directly with local schools.

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Director's Report) {contlnued)
Year ended 31 March 2024
Publlc benefit
The Trustees have referred to the guidance contained In the Charity Commission's general guidance
on public benefit when reviewing the aims and objectives of the Projecl. They are satisfied that their
8Ctivities over the year accord with the aims and oblectlves and provide the appropriate publiG benefit.
Achlevements and performance
We had another busy year both in our youth setting and working, outside on adventurous activities with
a range of schools and organisations. A total of 893 young people took part In our activities with a
core group of 209 attendlng 10 or mor6 gessions. There were 128 accredited outcomes wilh awards
In Archery, Duke of Edinburgh's Silver and Bronze Awards, First Aid, Sailing (RYA) Clirnbing (NICAS)
and ASDAN accreditations in personal and soclal development. There were also 185 young people
with recorded outcomes measuring progress In Ihelr personal development.
Some key activities during the year particularly worthy of mention are:
Our seven Seabins In the Whitehaven Marina collecting pla5tics,and other floaling rubbish on
the surface of the water were Dfficlally opened In July 2023, by Sellafield Ltd, who provided
the fundlng 8nd they recelved widespread publicity Including the BBC and ITV news channels.
Our WHYP Youth.Volunteering Award engaged 23 young people who gave 257 hours of their
time on a range of volunlary work, mostly 9UPPOrting our youth sessions in the centre
particularly with the younger aged groups. Our adult volunteers numbered 14 and they
supported the staff In a varlety cf sessions giving 555 hours of their time to SUPPOrting the
Project and the young people.
We were pre8ented with the L8nd Trust Award by the National Trust for our worf< with them cn
the Colourful Coast and its upkeep. We also worked wSth Whltehaven Ship Shapers on
tldying, weeding and looking after the town centre environment and created a Postage Stamp
mural on the blank wall near the Whitehaven Sorting Office.
Our annual Youth Development Fund projèct requires young people to take responslblllty for
identifying, organlslng and maklng 8 presentation on an away trip that would broaden their
horizons,
This year we ran two groups. One went to ,Edinburgh (Castle, 1pm Gun,
Dungeons and Japanese Restaurant) and one went to Glasgow (Sclence Museum,
Planetarlum, ten-pln bowling, evening city walk and Greek restaurant). Nine young ,peopl8
gained an ASDAN accreditation.
Our weekly programme normally includes a themed sesslon, sometimes very infomal,
sometimes with a partner organisalion. Topics addressed included personal safety and
awareness of your surroundings while outside run by ESKK fitnes5.
There were other
sessions on relationships and sexual health, bullying awareness and respecllng yourself,.
others ancl the environment along with Internet safety, basic First Aid and CPR. We 81so
included workshops on wellbeing and looking after your mental health.
Flnanclal review
Our overall financial position remains sound, with 8 healthy Balance Sheet. Over the year we had
planned a break-even budget but at the year-end had a shortfall, excluding depreciation, of some
£16,551 which was taken from total re5eNes. This VRS due principally to a reduction in our income
from group work and in particular the decision by the Outdoor. Partnership to retain work in-hcuse.
This reduction In demand is likely to continue at least in the short term but on a positive note from April
2024 the Bedrock Phase 2 Project is funding a two-year senior p.ost to help us resource and develop
our strategy for incom8 generation.

Whitehav,en Harbour Youth Project
Company, Llmlted by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) fcontlnuedj
Year ended 31 March 2024
Flnancial revlew (contlnued)
In meeting the gap between earned income and expenditure we relied heavily on our three core
funders: Copeland Communlty Fund, the Henry Smilh Charty and the Francis C Scott Charitable
Trust who between them contributed £91,000 towards our overall spend of scme £255,028
(discounting deprecialion). Importantly all three funders have agreed to continue their support over
the next three years. We are also fortunate to have also been awarded an annual core grant of
£20.000 for the next two years from Garfield Weston which commenced in September 2023, We are
most grateful to them all.
We are also grateful to Ihose who commissioned work. The larger funding po15 for this included the
Sellafield funded Sea Bins and Youth Development Fund projects,, the Copeland Hub for Future
Pathways and the Cumbrla Community Foundation for the Bedrock Phase 1 project. Donations of
£2,$00 from Cavendish Nuclear (Bechtel) towards the Sea Blns and an unrestricted donation of
£4,500 from the British Steel Retired Colleagues Association are also much appreciated.
ReseNes policy
Our policy is to hold operational reserves equal to batween four and six months of turnover (£90,000
to £135,000). In Aprll 2024 we had a satisf8clory reserve with net current assets of some £94,570.
StruGturei governance and management
Sn 2007 Whiiehav&n Harbour Youth Project became a charilabl8 company Ilmit8d by guarantee. The
company was established under a Memorandum of Association which sets out Its objects and powers.
It5 governance is dealt with under its Articles of Assoclation. The board members are responsible for
its overall management. They are elected by ordlnary resolution, retire by rotation and may, if willing
to 8Ct, be reappolnted. They are currently Deborah Naylor IChalr>, Michael Priestley (Secrelary),
Bern Hellier (Treasurer) and Hugh Branney.
The project Is supported by six full-time and p8rt-tlme members of staff. Our delivery programme
also places considerable relian￿ on our volunteers, now gradually increasing slnce the pandemlc
shutdown and currently numbering 14.
The trustees have reviewed the risks to whlch the charity is exposed and have taken steps to mitigate
these risks. Financial controls are in place which include procedures for authorlsatlon of all
transactions and projects. Procedures based on national guidance and advice are In place to deal
with,the heatth and safety of young people. staff and volunteers.
Goveming document
The organisation Is a charitable company limited by guaiantee. Incorporated on S March 2007. The
company was ostablished under a Memorandum of Association which éstablished the objects and
powers of the charitable company and is govemed under its Articles of Association. In the event of the
company being wound up, members are required to contribute an amount not exceeding £1.
Recrultment and appointment of trustees
Under the ￿quirementS of Memoran¢Jum and Articles of Association. trustees are elected by ordinary
re501ulion. Trustees retire by rotsllon and may, if willlng to act, be reappointed.
Risk management
The Trustees have reviewed all risks to which the chartty Is exposed and have taken steps to mitigate
these risks where approprlate. Intemal control risks are minlmised by the Implementation of
procedures for authorlsalion of all IransaGlion5 and projects. Procedures are in place to ensure
compliance with health and safety of staff, volunteers and visitcrs.

Whitehaven Harbour Youth Project
Company Llmited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢ontln(tsd)
Year ended 31 March 2024
Reference and adminlstratlve details
Reglstered charity nama
Whitehaven Harbour Youth Project
Charlty reglstratlon number
1120763
Company reglstratlon number 06139222
Prlncipal office and registered The Harbour
office
Swingpump Lane
Whitehaven
Cumbria
CA28 7LZ
The trustees
Bernard Hellier
Michael Priestley
Hugh Brann8y
Margaret Scott
Deborah Naylor
Sue Bamforth
(resigned 071C712023)
(appolnted 0710712023)
Company secretary
Michael Priestley
Independent 8xamlner
P E Ellwood FCA
Independent examlner
robinson+co
Chartered Accountants
Oxford Chambers, New Oxford streèt
Workington
CA14 2LR
Small company provislons
Th15 report has been prepared in accordance with the provisions applicable to companles entitled to
Ihe small companies exemplion.
The trustees. annual report was approved on 16 December 2024 and signed on behalf of the board ot
trustees by..
Deborah Naylor O'r*14 i￿r
Trusteel Chair
Mlchael Priestley
Charity Secretary

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Independent Examinerfs Report to the Trustees ofwhltehaven Harbour Youth
Project
Year ended 31 March 2024
I report to the trustee8 on my examinatlon of the financial statements of Whitehaven Harbour Youth
Project I'the charity) for the year ended 31 March 2024.
Responsibllltles and bas18 of report
As the trustee5 of the company (and also ts directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 (the 2008 Act,).
Havlng satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination. I report in respecl of my examination of
the charity's accounts as carried out under section 145 Df the Charities Act 2011 ('the 2011 Act,). In,
carrylng out my examination I have followed, the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act,
Independent examlnerfs statement
I have ccmpleted my examlnation. I confimi that no matters have come to my attentlon In connectlon
with the examination giving me cause to belleve..
accounting records were not kept in respect of the charity as required by sectlon 386 of the
2006 Act. or
the financial statements do not accord wlth those records; or
the financlal statements do not comply with the accounting requirements of Section 396 Df
the 2008 Act other than any requirement that the accounts glve a 'true and falr, vlew whlch
is not a matter considered as part of an independent examin8tlon', or
the financial staternenls have not been prepared in accordance with the Charities SORP
{FRS 1021.
I have no concerns and have come across no other matters in connection with the examinatlon to
which attention should be drawn in this report in order to enable a proper understanding of the
8ccounts to be reached.
>0£//&
Mr Peter Ellwood FCA
Independent examiner
roblnson+co
Chartered Accountants
Oxford Chambers, New Oxford Street
Workington
CA14 2LR
16 December 2024

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Statement of Financial Activities
(including income and expendlture account)
Year e-nded 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable actlvilies
Other trading aclivities
Investment Income
9,460
66,445
5,402
2,310
83,617
154,860
164,320
66,44S
6,402
2,310
134,020
61,936
4,537
662
Total Income
154,860
238.477
201,155
Expenditure
Expenditure on charitable activities
Total expenditure
9,10
99,222
99,222
191,300
191,300
290,522
290,522
271,341
271,341
Net (expendlture}Ilncome and net
movement In funds
115,605)
(36,440)
(52,045)
(70,186>
ReGonciliatlon of funds
Total funds brought fopNard
Total funds Garrled forward
118,908
103,303
403,084
366,644
521,992
469,947
592,178
521,992
The statement of financlal activities includes all gains and losses reccgnised in the year.
All Income and expenditure derive from continuing actNities.
The notes on pages 8 to 19 fomi part of thesè financlal statements.

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Statement of Flnanclal Positlon
31 March 2024
2024
2023
Note
Flxed assets
Tangible r￿ed assets
16
375,377
410,871
Currènt ass6ts
Debtors
Cash at bank and in hand
17
13,760
139,938
153,698
5,874
192,038
197.912
Credltors: amounts falling due wlthln one year
Net current assets
18
S9.128
86.791
94,570
4S9,947
469.947
111.121
Totsl assats108s current Ilabllities
521,992
521,992
Net assets
Funds of the charity
Restricted funds
Unrestrlcted funds
366,644
103,303
469,947
403.084
118,908
521,992
Total charlty funds
22
For the year ending 31 March 2024 the charity was entitled io exemptlon from audlt under Sectlon 477
of the Cornpanies Act 2006 relatlng to small comp8nles.
Directors, responsibilities:
The members have not required the company to cbtain an audit of its financial statgment8 for the
year in questlon In accordan¢e with section 476;
The directors acknowledge their responsibilities for complying with Ihe requirements of the Act
with respect to accounting records and the preparation of flnanclal statements.
These financial stalements have been prepared in accordance with the provisions 8pplicable to
companies subject to the Small ccmpanies, regime,
These financial statements were approved by the board of trustees and auth0ri5ed for Issue on 16
De￿rnber 2024, and are signed on behalf of the board by:
Deborah Naylor
Trust88
(D'plfoi
The notes on pages 8 to 19 fomi part of Ihese flnanclal statements.

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Flnanclal Statements
Year ended 31 March 2024
General Infonnatlon
The charity is a publlc benefit entily and a private company limited by guarantee,. registered in
England and Wales and ,a registered charity in England and Wales. The address of the
registered office Is The Harbour, Swingpump Lane, Whitehaven, Cumbria. CA28 7LZ.
Stat?ment of compllance
These financial stat8rnents have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charitles preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP (FRS 102)) and Ihe Ccmpanie8 Act 2006.
Accountlng pollcles
Basls of preparatlon
The financial statements have been prepared on the hlstorical cost basis, as modified by the
revaluation of certain financial assets and Ilabllities and Invegtment propertles measured at falr
value Ihrough income or expenditure.
The financial statements are prepared In pound8 sterling, which is the functional currency of the
entity.
Golng concern
There are no material uncertainties about the charill8 abllity to conllnue.
Dlsclosure exemptlons
The charity has taken advantage of the exemption in FRS 102 Update Bulletin 1 from the
requirement to produce a cashflow 8tatements because it is a small company.

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financlal Statements {contlnued)
Year ended 31 March 2024
Accountlng pollcies (contlnued)
Judgements and key sources of estimation uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and Judgements
are continually reviewed and are based on experience and other factors. Including expectations
of future events that are believed to be reasonable under the circumstsnce8.
Significant judgements
The judgements (apart from those involving estimations) that management has made in the
,process of applying the entity's accounting polici&s and Ihat have the most significant effect on
the amountg recognlsed in the flnancial statements are as follows.
Impairment of tangible fixed assets
The company is required to r8view fixed assets for Impairment. Management make judgments
about the conditlon of assets and review thelr estimated lives.
Key sources of estimation uncertainty
Accounting estimates and assumptlons are made conceming the future and, by their nature, will
rarely equal the related actual outcome. The key assumptions and other sources of estimation
uncertainly that have a significant risk of causin9 a material adjustment to the carrySng amounts
of assets and liabilities within the next financlal year are as follcws:
The useful economlc life of each category of fixed asset is assessed when acquired by the
company. A degree of estimation is occasionally used in assessing the useful economlc life of
assets.
Fund accountlng
Unrestricted funds are available for use at the discretlon of the trustees to further any of the
charity's purposes,
Designated funds are unrestrfcted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds Sre subjected tc restrictions on their expenditure declared by the donor or
through the tenrjs of an appeal, and fall into one of two sub-dasses: restricted income fund5 or
endowment funds.

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financial Statements (contlnuad)
Year ended 31 March 2024
Accountlng pollcles (contlnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants Is'recognised when there is evidence of entitlement to the
gift, receipt is prcbablè and its amount can be measured rellably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this Is
impractical to measure rellably. in whlch cas8 the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognlsed in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of servlces Is recognlsed wlth the dellvery of the,
contracted seNice. This Is classlfied as unrestricled funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, In which casa
it may be regarded as restricted.
Resources expended
Exp8nditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement ol
financial actlvitles to whlch It relates:
expenditure on ralsing funds Includes the costs of all fundralsing activities, evenls,
non•charltable trading activities, and the sale of donated goods.
expenditure on charlt8ble actlvltles includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated t¢ expenditure categories reflectlng the use of the resource. Direct costs
attributable lo a slngle activity are allocated directly tc that actlvity. Shared costs are apportioned
between the activities Ihey contribute to on a reasonable, justifiable and consistent basis,
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
a￿uMUlated ,deprecialion and impairment losses. Any tangible assets carried at revalued
amounts are r8corded at the fair v81ue at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
10-

Whitehaven Harbour Youth Project
Company Llmited by Guarantee
Notes to the Financlal Statements fcontlnued)
Year ended 31 March 2024
Accounting pollcles (contlnuéd)
Tanglble assets (eonfynu•
An increase in Ihe carrylng amount of an 8sset as a result cf a r8valuatian, 15 recognised in other
recognised gains and losses. unless it reverses a charge for impairment that has prevlously begn
recognised as expenditure within the statement of financial activities. A decre8se in the carrying
amount of an asset as a result of revaluation, is recogni5ed in olhar recognised gains and losses,
exc8Pt to which it offsets any previous revaluation galn, in which case the loss is shown wilhin
other recognised gains and losses on the statement of financlal act￿ltI86.
Depreclatlon
Depreclatlon Is calculated 80 as to write off Ihe cost or valuation of an asset, less its residual
value, over the useful economic life of that 8ssel as follows..
straight line over Ihe life of the lease
250/0 reducing balance
250/0 reducing balance
Impalrmont of flxed assets
A review for indicators of impairment Is Garried out at each reportlng date, with the recoverable
amount being estimated where such indicators exlst. Where the carrylng value exceeds the
recoverable amount, the asset Is impaired accordlngly. PrSor Impairment5 are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, whan it is not posslble to astlmate the recoverable
amount of an individual asset, an esiirnat& Is made of the recoverable amount of the
cash-generating unlt to whlch the asset belongs. The cash-generatlng unit is the smallest
Identifiable group of assets that includes the ass6t and generates cash inflows that largely
independent of the cash inflows Irom other assets or groups of assets.
For impairm8nt testing ,of goodwill, the goodwill acquired in a business combination Is. from the
acquisition date, allocated to each of the cash-generating units that are expected to benefil from
the synergies of the combination. irrespective ot whether other assets or liabilities of the charity
are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receiv8ble. Grants
are not recognised until there 15 reascnable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the
recipient. it is recognised in Incorne when the grant proceeds are received or receivable. Where
the grant does impose specified future performance-related conditions on the recipient, it Is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition critaria, they are recognised as a
liability.
11

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financial Statements (conllnuedj
Year endod 31 March 2024
Accountlng pollcle5 (tontlntséd)
Financial instruments
Basic financlal instruments are initially recognised at the amount receivable or payable including
any related transactions costs.
Current assets and liabllitles are subsequently m8asured at th8 cash or other consideration
expected to be pald or recelved and not discounted.
Deflned ¢ontributlon plans
Contributions to defined contrlbution plans are recognlsed as an expense In the perlod In whlch
the related service is provided. Prepaid contributions are recognised as an asset to the exlent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be seltled wholly withln 12 months of the end of the
reporting date in which the employees render the related service, the liability 18 measured on
dlscounted present value basis. The unwinding of the discount is recognised as an expense in
the period In whlch It arlses.
Llmlted by guarantee
Whitehaven Harbour Youth Project is a company Ilmlted by guarantee and accordlngly does not
have a share capitsl.
Every member of the company undertakes to contribute such amount as may be required not
exceeding £1 to the assets of Ihe charllable company in the event of It being wound up while he
or she Is a member, or withln one year after he or she ceases tc be a member.
12-

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financlal Statements fcofttlnued)
Year ended 31 March 2024
Donatlons and lagacles
Unrestricted Restricted Total Funds
Funds
Funds
2024
Donatlons
Donations
6,960
6,960
Grants
Ccpeland Communlty Fund
S8llafield
Sea Bins Projecl
Cumbria Community Found8tlon (Bedrock)
Henry Smith (Core funding)
Community Grant8 (including Francis C Scott)
68,750
11,669
18,665
21,609
12,500
21,667
68,750
11,669
21,16S
21,609
q2,500
21,667
2,500
9,460
154,860
164,320
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donatlons
Donatlons
1,632
1,632
Grants
Sports Hall Refurbishment Fund
Copeland Communty Fund
Sellafield
Pollce and Crime Commissioner
Big Lottery
Cumbria Community Foundation
Apprentice Grants
Sea Blns Project
Cumbria Community Foundation (Bedrock)
Henry Smith (Core'funding)
Henry Smith Charity
Communty Grants (including Francis C Scott)
Government grant Income
50.000
11,158
50.000
11,158
3,500
3.500
14,755
2.833
30,000
2,750
17,392
14,755
2,833
30,000
2,750
13.987
3.405
8,537
125,483
124,020
13-

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financlal Statements fcontlnued)
Year ended 31 March 2024
Charitable activlties
Unrestricted Total Funds Unrestricted Tctal Funds
Funds
2024
Funds
2023
Training and instruction fees
Room and equipment hire
42,312
24,133
66,445
42,312
24,133
66,445
40.998
20,940
61,936
40,998
20,940
81,936
Other tradlng activitles
Unrestricted Total Funds Unreslricted Total Funds
Funds
2024
Funds
2023
Youth club and shop income
5,402
5,402
4,537
4,537
Investment Income
Unrestricted Total Fundg Unrestricted Total Fund8
Funds
2024
Funds
2023
Bank interest receivable
2,310
2,310
662
662
Expendlture on charltable actlvltles by fund type
Unre8tricted
Funds
Re3tricted Total Funds
Funds
2024
Support C08ts
99,222
191,300
290,'522
Unrestricted
Fund8
Re5lricted Total Funds
Fund8
2023
Support costs
108.825
162,516
271.341
10. Expenditure on charitsble actlvltles by actlvlty type
Support Total funds
costs
2024
Total fund
2023
Youth projects
290,522
290,522
271,341
14-

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Flnanclal Statements (contlnued)
Year ended 31 March 2024
11. Analyslg of support costs
Total 2024 Total 2023
Staff costs
Premises
'Communicatlons and IT
General office
Finan￿ costs
Other professlonal fees
188,793
24,050
474
1,307
1,506
900
168,602
20.707
1,157
1,583
1,410
696
k ]]
Repairs and maintenance
Insurance
Motor and travel expenses
Aciivily support cosls
Freelance tees 8nd tralning
Depreciation and impairment
3,574
3.452
4,112
23,073
3.787
35.494
290.S22
4,240
3,730
6,327
20,687
4,632
37,570
271,341
12. Net Income
Net inccme is Stated after chargingllcrediting):
2024
2023
Depreciation of tsngible fixed assets
35.494
37,570
13. Independent examlnatlon fees
2024
2023
Fees payable to the independent examiner for.
Independent examination of Ihe financi81 st8tement8
Other financial services
1,506
900
1,410
696
2,406
2.106
14. Staff costs
The total staff costs and employee benefits for th8 repcrting period are analysed as follows:
2024
2023
Wages and salaries
Social security costs
Employer contributlons to pension plans
174.808
9,067
4,918
188,793
156,294
7,926
4.382
168,602
The average head count of employee5 during the year was 812023: 8).
No employee received employee benefits of more than £60.000 during the year (2023: NII).
5-

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
15. Trust0& remunèratlon and expenses
The Trustees neither received nor waived any emoluments during the year.
During the year £nll (2023 - £nil) out of pocket expenses were relmbursed to trustees.
16. Tanglble fixed assets
Land and
buildings
Motor
vehicles
Equipment
Total
Cost
At 1 Aprfl 2023 and 31 March 2024
Depreclatlon
At 1 April 2023
Charge for the year
At 31 March 2024
674,243
19,194
102,480
795,917
288.300
29.262
17,752
360
78,994
5,872
385,046
36,494
420,540
317,562
18,112
84,866
Carrying amount
At 31 March 2024
356,681
38S,943
1,082
1,442
17,614
23,486
375,377
410,871
At 31 March 2023
17. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
7.123
6,637
13,760
5,659
215
5,874
18. Credltors: amounts falllng due within ono yèar
2024
2023
Accruals and deferred income
Social security and olher taxes
Other creditors
45,362
8,477
5,289
59,128
81,735
3,064
1,992
86,791
19. Deferred Income
2024
2023
Amount deferred in year
43,064
80,097
16-

Whitehaven Harbour Youth Project
Company Limitsd by Guarantee
Notes to the Financial Statements (contlnuea)
Year ended 31 March 2024
20. Pensions and other'post retlrement benefits
Daflned contrlbutlon plans
The amount recognlsed in income or expenditure as an expense in relation to deflned
contribution plans was £4,918 (2023: £4,382).
21. Government grants
The amounts recognlsed in the financial statements for government grants are as fcllows:
2024
2023
Recognised in income from donations and legacies:
Government grants Income
22. Analysis of charltable funds
Unrestrlcted funds
At
1 April 2023
At 31 March
2024
Income Expendlture
Transfers
General funds
D8slgn8ted Fund
63,908
55,000
118,908
83,617
(99,222)
48,303
55,000
103,303
83,617
(99,222)
The cornpanls designated unrestricted funds are designated fcr working capital.
The comp8ny's general unrastricted funds can be used, with the approval of the company's
Board, to fund any expenditure whlch falls wlthln the company's general alms and objectlves.
17-

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Notes to the Financial Ststements (contlnued)
Year ended 31 March 2024
22. Analysls of charltable funds fconllnugd)
Restricted funds
At
1 April
2023
At
31 March
2024
Income Exp&nditure
General restricted funds
Sports Hall D&velopment Fund
Copeland Community Fund
Cc-op Community Fund
Sellafield- Sea Bins
Cumbria County Councll
Fundlng
Sellafield
Donatlons
Garfield Weston Foundalion
Henry Smith Core Funding
Henry Smith Charity
Francls C Scott
Police & Crime Commissioner
Cumbria Community Foundatlon
Bedrock
95,362
284,092
(15,258)
(14,184)
(68,750)
(1,731)
(21,755)
80,104
269,908
88,750
2,524
12,400
793
9,310
18,665
Fuslon
548
(137)
{11,669)
(12)
{11,6671
(12.5001
(1,484)
(10,0001
(544)
411
11,689
47
35
11,667
12,500
5.932
4,448
10,000
2,179
1,835
(21,6091
403,084
1 S4,860
(191,3001
366,644
Income racelved for the purchase of fixed assets Is recorded as income and the annual
deprecl8tion on these assels is trealed as expenditure. In the current year this protocol affects
particularly the sports hall.capital works and the sea-bins purchase.
The Sports Hall Development Fund relates lo several larg8 grants received for the refurbishment
of the hall together with improvements to the street frontage. Th&se grants W6r8 primarily from
Garfield Weston Anniversary Fund, Cumbria Community Foundation. Copeland Communliy
Fund, Sellafield, Sport England and Crowdfunding.
Core fundlng f¢r salaries and associated costs was provided by Ihe. Cop81and Communily Fund,
the Hènry Smith Charily and the Francis C Scott Charitable Trust. During the year all three
funders agreed to support us for a further three-year period, We, also received a two-year core
grant from the Garfield Weston Foundation which commenced in September 2023.
The Bedrock Programme provides consultancy support io thlrd sector organisations to plan for
sustainability and identify opportunities for improvement providing two phases of funding to
'support this process. Our Phase 1 grant has enabled WHYP to appoint a member of outdoor
staff for a temporary 12-month period to allow the Projecl Director to give greater focus to
strategic management.
The Youlh Developmenl Fund Is a SeSlafield funded project supporting youth work throughout the
Borough and managed,by the Copeland Youth Network. It requires young people to take the
lead in designing and organising a bespoke project and which gives the opportunity for a
qualifi￿tIon or accredit8tion.
18-

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Flnanclal Statements (contlnued)
Year ended 31 March 2024
22. Analysis of charitable funds {contlnuedJ
The Sea Bins Pioject is funded by an upfront grant of £93,500 from Sellafi&ld for the acquisition
of six sea blns to be installed in the harbour together with a Ihree-year programme of
environmental work with young peopl8.
23. Analysis of net assets between fund5
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Cuffent assets
Creditors less than 1 year
Nat assets
8,743
110,624
(16,064)
103,303
366.634
43,074
(43,064)
366,644
375,377
153,698
159,128)
469,947
Unrestricted
Funds
Restrlcted Total Funds
Funds
2023
Tangible fixed assets
Cutrenl assets
Credltors less than 1 year
Net assets
9,253
116,349
(6,694)
118,908
401,618
81,563
(80,097)
403,084
410.871
197,912
(86,791)
521,992
24. Other flnancial commltments
At 31 March 2024, the charity had total commitments under non-cance51able operating leases
overthe remaining life of those assets of £241,067 (2023- £253,121).