Company reg15tration number: 06139222
Charity.registratlon number: 1120763
Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Unaudited Financlal Statements
31 March 2025
robinson+co
Chartered Accountants

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Flnanclal Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the directorfs report)
Independent examlnerfs report to the trustees
Statement of financial actlvltles (includlng Income and
expendlture account)
Statetnent of financlal position
Notes to the financial statements
8.19

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 March 2025
The trustees, who are also the dlrectors for the purposes of company lawl present thelr report and the
unaudlted flnanclal statsments of the charlty for the year ended 31 March 2025.
Objectlves and actlvltles
Whilehaven Harbour Youth Project (WHYP) was set up In 1995 In recognltlon of an acut8 lack of
youth provi8lon In the town. Initially based on the harbourside. the project moved In 2008 Into much
blgger premlses In the ground floor of the town ￿ntre multi-storey car park, slill dose to the harbour
and accesslble by bus and on foot frorn nearby houslng eststes. In 2022. wlth consultancy support
provlded by Ihe Frdncls C Scott Charftable Twst Step Change Piogramrne, we undertook a strateglc
revlew whlch has led us to adopt a series of strateglG plllars and steers and a dellvery action plan.
Our refreshed mlssion stat6m8nt d8scrlb6s us as follows:
We are 8 local charlt8ble organlsation, dedicated to giving young people opportunllles to develop their
potential, to understand thamselves and others, and to have a good time. We achieve Ihat by
delivering high qualty, evldence-based youfh work in our town centre facillty 8nd through ouldoor
adventure
Our prernls8s Include a well4quipped youth space Includlng a kltchen, IT 8pac8 and meetlng room.
To the rear of thls Is a sports hall whlch has seen a slgnificant upgrade, introducing a second climblng
wall and a new boulderlng wall. These works were successfully completed, through the Covld
pandemic period. and extended to includa a new frontage for our faclllty with Improved disabled
access. Alongside thls we have a minibu5 - which we have plans in train to replace - and a large
range of outdoor equlpment.
We provlde a robust weekly programme of activities Monday - Frlday evenlngs Includlng targeted and
unlversal youth work sessions alongside adventure actlvity. Being the only centre In West Cumbria
with an Advonture'Activities Llcence makes our adventure offer particularly attractlve. We employ six
full-time and two part-time staff. All our delivery staff have relevant qualifications in youth work or
8dventur6 actlv5tles and our outdoor Instructors have National Govemlng Bady awards in all relevant
disciplines
We welcome all young people but our focus Is on work with targeted young p80ple. OUT immediate
catchment exhlblts slgnlficant social and economlc deprivation and Includes some of the most
deprived neighbourhoods In West Cumbrfa. However. vulnerable young people are not reslricted to
deprived areas and Ihere is also a general concem about mental heallh Issues across West Cumbria.
We recognlse these needs and seek.lo address them, where we can, and to build emotlonal health
and well-belng In all our delivery.
Youth work outcomes ar8 achleved In both our indoor youth club setting and in our outdoor activitles.
There 15 an Important synergy beiween the two. We emphasise and encourage physical activity,
across a broad range of possibllities In our offer, with a focus on local opportunities for adventur8
activity given the feedback from young people and value of th8 Outputs from this over the last few
years.
Partnership working Is a key elemenl ol our dellvery and sustainability. We support the Copeland
Youth Network as a strategic voice for youth provision in th8 area and work with other providers and
commissionlng bodles, including Future Pathways being managed by Cumbria Police,. Inspira in
supporting NEET young people. the Outdoor Partnership and direGtly with local schools.

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (conunued)
Year ended 31 March 2025
The Trustees have referred to the guidance contaln8d in the Charty Commission's general guldance
on publlc benefit when revlewing the alms and objectives of the ProJeot. They are satisfied that their
actlvities, over the year accord wlth the aims and objectives and provide the approprlate publlc benefit.
Achlevements and perforniance
We had another busy year both in our youth setting and worklng outslde on adventurous 8Ctiviti85 With
range of schools and organlsatlons. A tot81 of 1195 young people took part in our activitles With a
core group of 22S attending 10 or more 8essions. Some particularly worthy of mention were 43
accredited outcomes with awards In Archery, Duke of Edlnburgh's Sllver and Bronze Awards. Flrst
Aid. Sailing (RYA) Climblng (NICAS) and ASDAN accreditatlons in personal and soclal development.
There were also 189 young people with recorded outcomes measurlng progress In thelr personal
development.
Some key acttvltles durlng the year partlcularly worthy of mentlon are:
Our WHYP Youth Volunteerlng Award engaged 36 young p80ple who gave 349 hour8 of their
time on a range of voluntary work, mo8dy supporting our youth sesslans In the centre
partlcularly with the younger aged groups. Our adult volunteers numbered 14 and they
8UPPOrted the staff In a vartety of sesslons glvlng 555 hours of thelr time to supporting the
Project and the young people.
We conunued our longstanding commltment to environmental work with Ihe Natlonal Trusl,
(receivlng the Land Trust Award last year), and wlth Colourful Coast and Whltehaven Shlp
Shapers. Wrth the latter we worked on tldylng. weeding and looking after the town centre
environment and created a large book mural on the back of the former Nat West bank.
Our annual Youth Development Fund project requlres young, people to take responsibllity for
identifying, organlslng and maklng a presentatlon on an away trip that would broaden thelr
horizons. Thi5 year we ran two groups. One went to Leeds, notably visiting Harewood House
and a famou5 Indian r&staurant and.the other to Llverpool touring the attractions around Albert
Dock such as The Beattes Story museum. For both partles the experleTrce of the city
envlronment and the skllls leamt in decidlng on the vlslt, the content and taklng responsibility
for organlslng the event were most important. Nine young people galned an ASDAN
aGcredltation.
Our weekly programme nomially Includes a themed session. sometimes very Informal.
sometimes with a partner organlsatlon. Hlghlights included: road safety: sexual exploltatlon;
homelessness and drugs and alcohol. A 6-88sslon programme to strengthen emotion81
resSllence has been developed and deliv8red. Work In thls area has benefited from the
recrultment of a pll experienced youth worker In Aprll 2024. Local partners such as Together
We have been very helpful In supportlng some delivery.
Flnanclal revFew
Our overall financlal posltlon remalns sound with a healthy Balance Sheet. Over the year wa had
planned a break*ven budget and at the year-end had a marginal shortfall of some £3,887 balanced
from our reserve. Trustees would like to be clear that Ncte 22 (P.18), the analysis of charitable funds,
Ilsts a slgnlficant Income balance whlch Is not held in cash. These figures are largely reflectlng flxed
assets whlch are depreciated annually in the accounts. Most slgnlflcant are the hlstorfGal grant funds
invested in the facilities in our building since 2007 and depreclatlng over the term of our lease.

Whitehaven Harbour Youth Project
Company L,Imited by Guarantee
Trustees. Annual Report (IncorporatSng the Dlrector's Report) (CL￿￿nUedJ
Year ended 31 March 2025
From April 2024 the Bedrock Phase 2 Project funded a two-year senior Operations Manager post to
help us resource and develop our strategy for Income generation including improving some intemal
systems. Vblth some remaining Bedrock Phase 1 fijnds we were able to recruit a plt outdoor instructor
to provlde some needed capacity In adventure activity dellvery.
In mèeting the gap between eamed income and expendlture we r8li8d on 4 core funders.. Copeland
Communlty Fund, the Henry Smith Charity, the Francis C Scott Charitable Trust and Garfield Weston
who between them contributed £145,000 towards our overall spend of some £295,229 (discounting
depreciatlon - Note 16 P.16). Fundin9 from Garfield Weston GonGludes In June 2025 the other 3 three
funders, wilh whom we have had contlnulng relationships, cary on for between 18 months - 2 years.
We are very grateful to 811 our funders.
We are also grateful to those who commissioned work. The larger fundlng pots for this Included the
Sellafield funded Youth Development Fund project,. the Copeland Hub for Future Pathways and the
Cumbrfa Community Foundatlon for the Bedrock Phase 1 and 2 projects. A grant from Awards for All
has been approved towards the cost of a vital new mlnlbus alongside a very generous donatlon from
an Important, longstandlng supporter of WHYP.
Our pollcy Is to hold operatlonal rèserv&s equal to between four and slx months of turnover. In April
2025 we had a satlslactory reseThie with net current assets of 80me £124,259.
structure. govarnance and management
Govemlng Document
In March 2007 Whitehaven Harbour Youth Project became a charftable company limited by guarantoe.
The company was e8tsblished under a Memorandum of Assoclatlon whlch establlshed th& objects and
powers of the charity and Is govemed under its Artlcl88 of Association. In the event of the company
belng wound up, members are requlred to Gontribule an amount not exceedlng £1.
Man8gem8nl and stafflng
The board members are responslble for Its overall management. Trustees ara el8Ct8d by ordinary
resolutlon. retlre by rotation and may, if willing to act, be reappolnted. They are currently Deborah
Naylor (Chair). Mlchael Prlestley {Secretary). Bern Helller (Treasurer) and Hugh Branney. We are
actiV81y seeking new trustees to secure successlon plannlng and refresh our group.
The project is supported by slx full-time and Iwo part-tlme members of staff. Our delivery programme
also places conslderable reliance on our volunteers, currently numbering 14.
Risk management
The Trustees have revlew8d the risks to whlch the charity 13 exposed and have laken steps to mitigate
these risks. Intemal control risks are minimised by the Implementatlon of procedures for authorlsatlon
of all transactions and projects. Policies and pro￿dureS are embedded to ensure safeguarding of
young people and vulnerable adults, and the health and safety of all project participants, staff and
volunteers.

Whitehaven Harbour Youth Project
Company Llmited by Guarantee
Trustees. Annual Report (Incorporatlng the Director's Report) (conthiued)
Year ended 31 March 2025
Reference and admlnlstratlve detalls
Reglslered charity name
Whitehaven Harbour Youth Project
Charlty reglstratlon number
1120763
Company reglstration number 06139222
Prlnclpal office and reglstered The Harbour
office
Swingpump Lane
Whitehaven
Cumbria
CA28 7LZ
The trustaes
Bemard Hellier
Mlchael Prlestl&y
Hugh Branney
Deborah Naylor
Sue Bamforth
(rosigned 1310512024)
Compary secrètary
Michael Ptiestley
Independent examlner
P E Ellwood FCA
Independent examiner
robinson+co
Chartered Accountants
Oxford Chambers, New Oxford Street
Worklngton
CA14 2LR
Small company provlslons
Thls report has been prepared in accordance wlth the provlslons appllcable to companies entiued to the
small companies exemption.
The trustees, annual report was approved on 15 December 2025 and slgned on behalf of the board of
trustees by:
Deborah Naylor
Trusteel Chalr
Mlchael Prlestley
Chartty Secretary

Whitehaven Harbour Youth Project
Company Limlted by Guarantee
Independent Examiner's Report to the Trustees of Whltehaven Harbour Youth
Project
Year ended 31 March 2025
I report to the trustees on my examination of Ihe financial statements of Whitehaven Harbour Youlh
Project Cthe charity,) for the year ended 31 March 202.
Responsibllltles and basls of report
As the trustees of the company (and also Its dlrectors for the purposes of company law) you are
responsible for th8 preparatlon of the financlal statements In accordance with the requlrements of the
Companies Act 2006 (Yhe 2006 Act,).
Havlng satlsfied myself that the accounts of the company are not ￿qUIred to be audited under Part 16
of th& 2006 Act and are ellglbla for Independent examination, I report in respect of my examination of
the charSty's accounts as carried oul under sectlon 145 of the Charitles Act 2011 ('the 2011 Act,). In
carrying out my examination I have followed the Directions glven by the Charity Commission under
section 145{5)(b) of the 2011 Act.
Independent examlnerfs slatement
I have completed my examlnatlon. I confirm that no matters have come to my attention in connection
with the examinatlon glvlng rne cause to belleve:
accountlng r8cord8 were not k&pt in resp8Ct of the charity a8 required by section 386 of the
2006 Act; or
Ihe financlal statements do not a￿ord wlth those records; or
the financlal statements do not comply wlth the accountlng requlremenl8 of sectlon 396 of the
2006 Act other than any requirement that the accounts give a 'tfue and falrf view which is not
a matter considered as part of an independent examlnatlon; or
theflnanclal statements have not been p￿Pared in accordance with th8 Charities SORP {FRS
102).
I have no concems and hav& come acr08s no other matters In connection with the examlnatlon to whlch
attent]on should be drawn In thls report In order to enable a proper underJtandlng of the accounts to be
reaohed.
Mr Petsr Ellwood FCA
Independent examiner
robinson+co
Chartered Accountants
Oxford Chambers. New Oxford Street
Workington
CA14 2LR
15 December 2025

Whitehaven Harbour Youth Project
Company Limited by Guarantee
'statement of Financial Activities
(Including income and expendlture account)
Year ended 31 March 2025
2025
Restricted
funds Total funds Total funds
2024
Unrestrtcted
funds
Note
Income and endowments
DonatlDns and legacies
Charitable actlvltles
Other tradlng activities
Investment Income
42,837
63,378
5.885
3.044
210,254
253.091
63.378
5,885
3,044
325.398
164,320
66.445
5,4D2
2,310
238,477
Total Income
115,144
210,254
Expandlture
Expenditure on charitable actlvlties
Total expendlture
9,10
85,584
85.584
243,701
243,701
329,285
329.285
290,522
290,522
Net gxp&ndltura and net movemant In
funds
29.560
(33.447)
(3,887)
(52.045)
R6conclllatlon of funds
Total funds brought fopNard
Total funds carrled forward
103.303
132.863
366,644
333,197
469.947
466.060
521.992
469,947
The statement of finanGial activities includes all galns and losses recognlsed In the year.
All Income and expendlture derlve from continuing aclivities.
The notes on page5 8 to 19 forni part ol these flnanclal statements.

Whitehaven Harbour Youth Project
Company Limited by Guarantee
statement of Flnancial Position
31 March 2025
2025
2024
Naté
Flxed assets
Tangible fixed assets
16
341.801
375,377
Current assets
Debtors
Cash at bank and In hand
17
3,380
211,875
215,255
13,760
139.938
153,698
Credltors: amounts falllng due withln ona year
Not current assets
18
90.996
59,128
94,570
469,947
469.947
124,259
466.060
466,060
Total assetslgss current Ilabllitle8
Net assels
Funds of the charfty
Restricted funds
Unrestricted fund8
333,197
132,863
466,060
366,644
103,303
469.947
Total charlty funds
23
For the year endlng 31 March 2025 the Gharity was entitled to exemptlon from audlt under section 477
of the Companles Act 2006 relatlng to small companies.
Dlrectors, responsibilitles:
The members have not requlred the company to oblaln an audlt of its fin8ncial statements for the
year in question in accordance with secllon 476;
The dlr8Ctots acknowledga their responsibilities for complying wlth the requirements of the Act with
respect to accounllng records and the preparation of financial statements.
These financial statem8nts have been prepared in accordance wlth the provlslons appllcable to
companles subject to the small companles. regime.
These financ'ial slatements were approved by the board of trustees and authorised for issue on 2
December 2025, and ar8 slgned on behalf of Ihe board by:
.r4(dLO
Deborah Naylor
TNstee
The notes on pages 8 to 19 forrn part of thèsa flnanclal statements.

Whitehaven Harbour Youth Project
Company Llmited by Guarantee
Notes to the Financlal Statements
Year ended 31 March 2025
General Snforniatlon
The charity is a public benefit entlty and a private company Ilmlted by guarantee. registered In
England and Wales and a reglstered charlty In England and Wales. The addres5 of the reglstered
office is The Harbour, Swlngpump Lane, Whitehaven, Cumbrla, CA28 7LZ.
Statement of compllance
These financial statements have been prepared in compliance wlth FRS 102, Tre Financfal
Reporting Standard appllcable In the UK and the Republic of Ireland., the Statement of
Recommended Practice appllcable lo charltles preparing thelr accounts In accordance with the
Flnanclal Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting pollcles
Basls of preparatlon
The financial statements have be8n prepared on the hlstorfcal cosl basis. as modified by the
revaluatlon of certain financial assets and Ilabilities and Investrnent propertle8 measured at fair
value through income or 8xpendlture.
The flnanclal statements are prepared In sterllng. whlch Is the functlonal currency of tha entity.
Golng concem
There are no materfal uncertainties about the chariV8 ability to Gontinue.
DlsG105ure exemptlon5
The charfty h8S taken advantage of the exemptlon In FRS 102 Update Bulletln 1 from the
requlrement to produce a cashflow ststements because It Is a small company.

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financlal Statements (¢onllnuedJ
Year ended 31 March 2025
Accounting pollcles {￿n(lnUedj
Judgements and, key sources of estimatlon uncArtalnty
The preparatlon of the financial statements requlres management to make judgements, estimates
and assumptions that affect the amounts reported. These estlmates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are belloved to be rèasonable under the clrcumstanc8S.
Slgnlficant Judgements
The Judgements (apart from those Involving estirnatrons) that management has made in the
process of applylng the entity's accountlng policies and that have the most significant effect on the
amounts recognised In the financial statements are as follows:
Impairment of tanglble fixed asset8
The company Is required to review flxed assets for Impalrment. Management make Judgments
about the condition of assets and review thelr estimated lives.
Kèy sources of estimation uncertalnty
Accountlng estlmates and assumptlons are rnade concernlng the future and, by their nature, will
rar8ly equal the related actual outcome. The key assumptlons and other sou￿?8 of estimation
uncertalnty that have a slgnificant risk of causlng a material adjustment to the carrying amounts of.
assets and liabilities wlthln the next financlal year are as follows:
The useful economic life of each category of fixed asset Is a88essed when acquired by the
ompany. A degree of estlmatlon Is occaslonally used In assessing the useful 8conorniG Ilfe of
assets.
Fund accountlng
Unrestrlcted funds are available for use at the dlscretlon of the trustees to further any of th8
charlty's purp088S.
08slgnated funds are unrestrtcted funds earmarked by the truslee8 for partlcular future project or
commitment.
Restrlcted funds are subjected to restrictions on their expenditure.declared by the donor or Ihrough
the terms of an appeal. and fall Into one of two sub-classes: restrlcted Income funds or endowment
funds.

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Notes to the Financlal Statements (conunued)
Year ended 31 March 2025
Accountlng pollcles I￿ntInued)
Incomlng resources
All Incomlng resources are Included in the statement of flnanclal activities when entitlement has
passed to th8 charlty,. it is probable that the economlc benefits assoclated wilh the transactlon will
flow to the charity and the amount can b8 reliably measured. Tha following speclflc pollcles are
applled lo partlcular categorles of income:
Income from donations or grants Is recognlsed when there is evldence of entltlement to the
gift, recelpt Is probable and Its amount can be measured rellably.
legacy Inwme 16 recogntsed when receipt Is probable and,enUllement Is established.
Income from donated goods is measured at the falr value of .the goods unless thls Is
Impractlcal to measure reliably, in which case the value Is derlved from the cost to the donor
or th8'estimated resale value. Donated facilitie8 and services are recognlsed in the account5
when received rf the value can be rellably measured. No amounts are included for the
contribution of general volunteers.
Income from contracts for thè supply of s&rvic88 Is recognlsed wlth the dellvery of the
contracted servicè. Thls is classified as unrestricted funds unless there 18 8 contractual
requirement for It to be spent on a partlcular purpose and retumed If un8pent, In which case
it may be regard8d as,r8strlcted.
Resource5 expended
Expenditure Is recognlsed on an accruals basls as a Ilablllty Is InCu￿ad. Expendlture Includes any
VAT which cannot be fully recovered. and is classified under headlngs of the statement of financlal
acllvitles to whlch It relates:
expendlture on ralslng funds Includes the costs of all fundralslng actlvltles, events. non-
ch8ritable tradlng activities, and the sal8 of donated goods.
expendlture on charitable actlvltles Includes all costs Incurred by a charlty In undertaking
actlvltles that further Its charltable alms for the benefit of Its beneficiaries. Including those
support costs and costs relatlng to th8 govemance of the charlty apportloned to charftable
actlvltles.
other expendlture Includes all expendlture that Is nelther related to ralsing funds for the charlty
nor part of Its expenditure on charitable actlvitles.
All costs are allocated to expenditure categories reflecting the use of the resource. Dlrect costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activllles they conlribute to on a reasonable, justlftable and conslstent basls.
Tanglble assets
Tanglble assets are Initially recorded at cost, and subsequently stated at cost less any,accumulated
depreciation and Impalrment losses. Any tanglble assets carrled at revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accumulated d8precSatlon and
subsequent accumulaled impaimient losses.
10

Whitehaven Harbour Youth Project,
Company Llmited by Guarantee
Notes to the Flnanclal Statements (continued)
Year ended 31 March 2025
Accounting pollcles fconunued)
An increase in the carying amount of an asset as a result of a revaluatlon. Is recognlsed In other
recognised galns and losses, unless It reverses a charge for impairment that has previously been
recognlsed as expendlture wilhln the ststement of financial aGtNities. A decrease In the carying
amount of an assel as a result of revaluatlon. is recognised in other recognised gains and losses,
except to whlch it offsets any previous revaluation gain. in which case the loss Is shown withln
other recognlsed galns and losses on th8 slatern8nt of financial aclivities.
Dapreciatlon
Depreclation Is calculated so as to wrlte off the cost or valuatlon of an asset, less its residual value,
over the useful economlc life of that asset as follows:
Straight line over the life of the lease
250/0 reduGlng balance
25Vo reduGlng balance
Impalrment of fixed assets
A ravlew lor Indlcators of Impalmient Is carrled out at each reporting date, with the recoverable
amount belng estlmated where such indicators exist. Where the carrylng value exceeds tha
recoverabla amount, th8 asset is impalred accordlngly. Prlor Impaiments are 8180 reviewed for
posslble reversal at each reporting date.
For the purposes of Impalrment testing, when it is not posslble to estlmate the recoverable amount
of an Indlvldual asset, an estimate is made of the recoverable amount of the cash%eneratlng unlt
to whlch the asset b8long5. The cash-generatlng unlt Is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash Inflows
from oth8r assets or groups of assets.
For Impalrment testlng of goodwlll, the goodwill acquired In a buslness comblnatlon is, from the
acqulsltlon date. allocated to each of th8 cash-generatlng unlts that are expected to benefit from
the synergi85 of the comblnatlon. IrrespectlV8 of whether other assets or Ilabilitlos of the charity
are assigned to those unlts.
Government grants
Government grants are recognlsed at the fair value of the assèt received or recelvable. Grants are
not recognised until there Is reasonabl8 assurance that the charity will comply with the condltions
attaching to Ihem and the grants wlll be received.
Where the grant does not impose speclfied future performanc8-r81ated conditions on the reclplent,
it Is recognised in income when the grant proc8eds ale received or recelvable. Where the grant
does impose specified future perforrnance-ielated conditions on the reclplent, it Is recognSsed In
income only when Iha perfomance-related condilions have bean met. Wher8 grants received ar
prfor lo satlsfying the revenue recognition criteria. they are'recognised as a liabilty.
11

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Notes to the Flnanclal Statements (conunued)
Year ended 31 March 2025
Accounting policies (contlnued)
Financlal instruments
Baslc financlal Instruments are Inltlally r8cognls8d at the amount receivable or payable including
any related transactions costs.
Current assets and Ilabllltles are subsoquently measured at the cash or other consideration
expected to be pald or received and not dlscounted.
Dafined contrlbutlon plans
Contributions to defined contribution plans are recognised as an expen80 in th8 period in whlch
Ihe relaled service Is provided. Prepaid contributions ar8 recognised as an asset to the extent that
the prepayment wlll lead to a reductlon In future paym8nts or a cash refund.
When contrrbutlong are not expected to be settled wholly wlthSn 12 months of the end of the
reporting date In whlch th8 employees render the related servlce. the Ilablllty Is measured on a
dlscounted present value basis. The unwlndlng of the dlscount Is recognised as an expense in the
perfod In whlch It arlses.
Llrnlted by guarantee
Whltehaven Harbour Youth Project Is a company Ilmlted by guarantee and accordlngty does not
have a share capltal.
Every member of the company undertakes lo contrlbute such arnount as rnay be r8qulred not
exceedlng £1 to the assets of the charltable company In the event of It belng wound up whlle he
or she Is a member, or withln one year after he or she ceases to be a member.
12

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financial Statements (conllnuedj
Year ended 31 March 2025
Donatlons and lagacles
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Donatlons
Donations
37,637
37.637
Grants
Copeland Community Fund
Sellafield
Sea Bins Project
Cumbria Cornmunty Foundation - Bedrock
Henry Smlth (Core'funding)
Community Grants
68.750
68.750
100
42.327
43.750
55.327
210.254
100
42,327
43,750
60,527
253,091
5,200
42,837
Unrastrfcted
Funds
R8strlcted Total Funds
Funds
2024
Donations
Donallons
6,960
6,980
Grants
Copeland Communlty Fund
Sellafield
Sea Bins Project
Cumbrla Community Foundation - Bedrock
Henry Smlth (Core funding)
Community Grants
68,750
11,669
18,665
21,609
12,500
21,667
154,860
68,750
11,669
21,165
21,609
12.500
21,667
164,320
2,500
9,460
13

Whitehaven Harbour Youth Project
Company Llmited by Guarantee
Notes to the Financial Statements (contlnu
Year ended 31 March 2025
Charllable actlvltles
Unrestrlcted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Tralnlng and Instructlon fees
Room and equipment hire
40.921
22.457
40,921
22,457
42.312
24,133
42.312
24,133
63.378
63,378
66.445
66,445
other tradlng actlvltles
UnrestrlGted Totsl Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Youth club and shop Income
5.885
5,885
5,402
5,402
Investment Incoma
Unrestrlcted Total Funds Unrestrlcted Totsl Funds
Fund8
2025
Funds
2024
Bank Interest recelvable
3,044
3,044
2,310
2,310
Expendlture on charltable actlvltles by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Support costs
85,584
243,701
329.285
Unrestrfcted
Funds
Restrlcted Total Funds
Funds
2024
Support costs
99,222
191,300
290,522
10. Expondlture on charltablo actlvltles by actlvlty type
Support Total funds
costs
2025
Total fund
2024
Youth projects
329,285
329.285
290,522
14

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Flnanclal Statements (contlnuedj
Year ènded 31 March 2025
11. Analysls of support costs
Total 2025 Total 2024
Stsff costs
Premises
Communications and IT
General office
Flnance costs
Other professional fees
Repalrs and maintenance
Insurance
Motor and travel expenses
Activity,support costs
Freelance fees and training
Depreclation and impairment
Inter8St pald on overdue taxation
221,308
22,516
494
1.036
1.632
816
10.574
4.387
8.281
18.964
5.145
34.056
76
188,793
24,050
474
1,307
1,506
900
3,574
3,452
4,112
23,073
3,787
35.494
329,285
29D,522
12. Nèt Income
Net Income Is stated after chargingl(credttlng):
2025
2024
Depreclation of tanglble ftxed assets
34,056
35,494
13. Independent examlnallon fees
2025
2024
Fe￿ payable to the Independent examlner for:
Independent examination of the financlal statements
Other financial services
1.632
816
1,410
696
2,448
2,106
14. Staff costs
The total staff costs and employee b8nefits for the reporting period are analysed as follows;
2025
2024
Wages and salaries
Soclal security costs
Employer contributions to pension plans
202.296
13,133
5,879
221,308
174,808
9.067
4,918
188,793
The average head count of employees during the year was 9 (2024: 8).
No ernployee received employee beneflts of more than £60,000 during the year (2024: Nil).
15

Whitehaven Harbour Youth Project
Company Llmlted by Guarantee
Notes to the Financlal Ststements (conllnued)
Year ended 31 March 2025
15. Trustee remuneration and expenses
The Trustees neither received nor walved any emoluments during the year.
During the year £nil (2024 - £nil) out of pocket expenses were reimbursed lo trustees.
16. Tanglble Ilxed assets
Land and
bulldlngs
Motor
vehlcles
Equlpm6nt
Total
Cost
At 1 April 2024
Additions
674,243
19,194
102,480
480
795,917
480
At 31 March 2025
674,243
19,194
102,960
796,397
Depreclatlon
At 1 Aprll 2024
Charge for the year
At 31 March 2025
317,562
29,262
346,824
18,112
270
84,868
4,524
89,390
420,540
34,056.
454,596
18,382
Carrylng amount
At 31 March 2025
327,419
356,681
812
13.670
17,614
341,801
376,377
At 31 March 2024
1,082
17. Debtors
2025
2024
Trade debtors
,Prepayments and accruéd incomé
2,928
452
7,123
6,637
13,760
3.380.
18. Creditors: amounts falllng due wlthln one year
2026
2024
Trade creditots
Accruals and deferred Income
Soclal secur6ty and 0th8r taxes
Other creditors
270
B4244
4040
2,442
45,362
8,477
5,289
90,996
59.129
19. Deferred income
2025
2024
Arnount defe￿ed In year
82,408
43.064
16

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financial Statements (Gondnuedj
Year ended 31 March 2025
20. Penslons and other post retiremant benefits
Deflned contribution plans
The amount recognised in income or expenditure as an expense In relation to defined contributlon
plans was £5,879 (2024: £4,918).
21. Government grants
The amounts recognlsed in tha financlal statements for government grants are as follows:
2025
2024
Recognlsed In Income from donallons and legacles:
Govemment grants income
22. Analysls of charltable funds
Unrestrlcted funds
At
31 March 20
25
At
1 April 2024
Income Expendlture
Transfers
Gen&ral funds
Designated Fund
48,303
55,000
103,303
115.144
(85.584)
(20,000)
20,000
57,863
75,000
q 32,863
115.144
(85.584)
The company's de8lgnated unrestricted funds are deslgnat8d for worklng capital.
The companls general unrestrlcted funds can b8 used, with the approval of the company's Board.
to fund any expendlture which falls wlthln the company's gen8ral aim8 and objectives.
17

Whitehaven Harbour Youth Project
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2025
22. Analysls of charitable funds (condnued)
Rèstrlcted.funds
At
1 April
2024
At
31 March
2025
Income Expenditure
General Restrlcted Funds
Copeland Communlty Fund
Youth Development F,und
CYA Break the Mould
Cumberland Councll
Sports Hall Development Fund
cO￿p Communlty Fund
The Nelghbourly Foundatlon
Cumbrla Comrriunlty Foundatlon
Cumbria County Councll- Fuslon
Donations
Sellafield- Sèa Bin8
GarfEeld Weston Foundation
Henry Smith Charlty
Francis C Scott
Police & Crime Commlssloner
Henry Smith Core Fundlng
Copeland Community Fund - Bedrock
80,104
{15,108}
(68.750)
(11,577)
(1,500)
(6,000)
(14,184)
(198)
(5,000)
(2,500)
(103)
(9)
(2,425)
(20,000)
{1,112}
(8,750)
(408)
(43,750)
(42,327)
64.996
68,750
11,577
1,500
6,000
269,908
793
255.724
595
5.000
2,500
411
35
9,310
308
26
6,985
100
20,000
4,448
3,336
8,750
1,635
1,227
43,750
42,327
366,644
210,254
(243,701)
333,197
Income recelved for the purchase of fixed assets Is recorded as Income and the annual
depTeclation on th8se assets Is trealed as expendlture. In the current year thls protocol affects
partlcularly Ihe sports h-all capital works and the sea-bins purchase.
The Sports Hall Development Fund relates to several large grants réceived for the refurblshment
of the hall together with improvement5 to the street frontage. These grants were primarily from
Garfield Weston AnnNersary Fund. Cumbrla Community Foundation, Copeland Communlty Fund,
Sellafield, Sport England and Crowdfunding.
Core funding for salarles and assoclated costs was provided by Copeland Community Fund, the
Henry Smith Charity, Ihe Francls C Scott Charltable Trust and Garfield Weston. Thls funding
contlnues for a further 18 months and 2 years other than Garfteld Weston whlch ceases In June
2025.
The Bedrock Programme, adminlstered by Cumbria Community Foundalion and funded by
S811afi81d Ltd.. PTovides consultancy support to thlrd sector organisations to plan for sustalnabillty
and Identify opportunltles for Improvement offering two phas85 of funding to support the process.
We benefltted from a Phase 1 grant enabling the fixed term 1 'year appolntment of an additional
outdoor activities staff member to improve dellvery capaclty. In April 2024 a Phase 2 grant enabled
the recruitment of an Operations Manager for a 2 year perlod to Increase management capacity
and development of Income generation.
The Youth Development Fund Is a Sellafield funded project supporting youth work throughout the
Borough and managed by the Copeland Youth Network It requires young people to take the lead

Whltehaven Harbour Youth Project
Company Llmited by Guarantee
Notes to the Flnanclal Ststements fconllnuedj
Year ended 31 March 2025
22. Analysis of charEtable funds (Gonllnuodj
In designing and organlslng a bespoke project and which give5 the opportunlty for a qualification
or accredltatton.
The Sea Blns Project Is funded by an upfront grant of £93.500 from Sellafield for the acqulsitlon of
slx sea blns to be Installed In the harbour together wlth a three-year programme of envlronmental
work with young people.
23. Analysls of net assets between fund6
Unrestrlcted Restrlcted Total Funds
Funds
Funds
2025
Tanglble fixed assets
Current assets
Creditors less than 1 year
Net assets
8,614
132,837
(8,588)
132,863
333,187
82,418
(82,408)
333,197
341.801
215,255
(90.996)
466,060
Unreslricled Restricted Total Funds
Funds
Funds
2024
Tanglble flxed assets
Current assets
Credltors less than 1 year
Net assets
8,743
110,624
(16,064)
103,303
366,634
43,074
(43,064)
366,644
375,377
153,698
(59,128)
469,947
24. Other flnanclal commltments
Al 31 March 2025, the charity had total commltments under non-cancellable operatlng18ases over
the remalning Ilfe af those assets of £229,013 (2024- £241,067).
25. Related partles
The charity recelved donations In the year from truslees of £28,000 (2024 - £nll).
19