Portishead Youth Centre Limited
Company limited by guarantee
Report and unaudited financial statements
ror the year ended 315t December 2021
Company No. 7588073
Charlty No. 1143238
Brooklng Ruse
Ch#rtered AceouThtAlItJ
108 High Street
Portlshe#d
North Somerset
BS20 6AJ

Portishead Youth CeDtre Limit¢d
Company limited by guarantee
Content8
Page
Directors, and trustees, report
Independent Exaininer's report
Statemeni of financial activities
Balance sheet
Notes to the unaudited financial statement5
10-14

Portishead Youth Centre Limited
Company limited by guaranlee
Annual report of the dire¢lor8 4nd trustees
The directors and trustees present their report logether with the unaudiled financial
stateinenls for the year ended 31, December 2021.
The trustee5 have complied with the duly in Section 17(5) of the 2011 Charities Act to
have due regard to guidan¢e published by the Charity Commission.
The report is prepared in accordance with the small companies regime (Section 419(2) of
the Companies Act 2006).
Administratlve d¢tail$
Th¢ company, Portishead Youth Centre Limited, is & ¢ompany limited by guarantee
nuinber 07588073 and is a registered charity, number 1143238.
The coinpany was incorporated on I" April 2011 and commenced activities on
I. January 2012.
The registered office and operational address is,.
l Harbour Road
Portishead
North Soiiierset
BS20 7DD
Dlrector8ltrustee5
M.E. Beaumont
D.R. Cook
R.M. Cruse
M.G. Dolion (resigned 28 October 2021)
N.J. Holland
C.E. Jones
M.R. Jones
J. Lord
J.W. Power
R.F. sainsbury {made Honorary President January 2022)
T.R. Slatter
S.J. Thorne
Secrelary
M. E. Beaumont
Reporting accountants
Brooking Ruse
Chartered Accountants & Registered Auditors
1081 ligh Street
Portishead
North Somerset
BS20 6AJ
Page I

Portishead Youth Centre Limited
Company limited by guarantee
Annual report of the directors and trustees
.cotLtinued
Purposes And aims
Our charity's purposcs as set out in Ihe objects contained in the company's memorattdum
of associaiion are to..
Benefit th¢ public by the provision of a youth centre; and
The provision of a coinmunity youih centre to help and educate young people and
children ihrough their leisure time activities so as to develop their physical, mental
and spiritual capacities that they may grow to full maturity as individuals and
meinbers of society.
ChArily trustee sel¢cllon
Trustees are appointed by the manageimertl committee on the understanding ihat they will
further the purposes and aims of ihe charity delailed above.
The management committee shall be consliluted as follows..
I representative of North Somerset Council
2 representatives of Portishead Town Council
I representative of the Gordano School staff
I representative of Avon & Somerset Constabulary
Up to l O co-opted from the local community
Achievements durlng the year
This is the tenth year of trading Plnd once again il has been a very challenging year with
Continued Covid di5ruptiun5 and uncertainly; all Ineinbers of our community have been
affected in some way as had our ability to fully reopen for the whole year.
As the country continued 10 Suffer Ioss and & ¢ontinued third lockdown at the start of ihe
year, the Centre was once again under pressure to keep vital support Services open where
possible. Our experience from 2020 stood us in good stead in supporting our most
vulnerable iii the cominunily and we conlinued to offer support where il was possible,
virtually. Once again income from Building Hire, Coffee Bar sales and other activities
generated on site were lost during that period and many Ineinbers of the team were
furloughed once more.
Undeterred. the teain coiitinued io cope adinirably with all the uncertainty that ¢ntail¢d,
continuing lo win vital grant funding as noted overleaf. Portishead Town Council and the
Nautical Society have once more been staunch supporters of our work with much needed
ontinucd fiiiancial support and we offer huge thanks to both. We were also successful in
winniiig a 5-year fLinding bid with the National Lottcry "Reaching Coiiiimunilies, through
a huge amount of hard work from many in ihe team, notably Kim Jones and Karen Excell.
This funding really provides the Centre with a renewed degree of financial security
moving fon¥ard, for which wc are imin¢ns¢ly grateful.
Page 2

Portishead Youtb Centre Limited
Company limited by guarantee
Annual report of the directors and truslees
.wntinu
Special grants and donations relating to COVID-19 were received from:
North Somerset Council (Government S¢h¢me)
Government Furlough S¢h¢me
The Government Furlough Scheme once more made it possible for us to retain all our
staff. We were in receipt of a further £12,504 during 2021.
Food related funds were also received from:
NeigJhbourly
Waitrose Portishead
These funds were for the provision of food. Kiln Jones in particular worked with the
Local Food Bank lo help feed our more vulnerable families.
Various applicaiions have been Inade for granis to sUp￿rI the running of the Centre
during 2021 and we are very grateful to..
Portishead Town Council
The Portishead Nautical Trust
Children in Need
North Somerscl Council
Wesport- CYP
National Lottery- 'Reaching Communities"
Groundwork
We have also been generously supported by local people, organisations and businesses in
the form of donations. These include, bul are not limited to..
Portishead Lions Club Internalional
Legal and General
Co-op Coinmunily Fund
Gordono Valley ChLirch
Aviva Coinmunity Fund
R05 Cruse
Anna Clarke
Charles River
Stuart Griffiths
Portishead Ladies Bowling Club
Phil Sanders
Mike Jones
Karen Excell
Jenna Clare
PAge 3

Portishead Youth Centre Limited
Company limited by guarantee
AnDual report of the direetors and tru$te¢s
.continu¢d
We continue to be very grateful to the Portishead Lions Club International. Following on
from the iminense amount of support provided to us in 2020 when Covid first struek, they
have continued to 5UPPOrt with odd jobs around the Centre. the Trustees and staff are very
graieful.
In December 2013 a ten-year lease was signed with Portishead Town Council giving the
Centre a secure home. Portishwl Youth Centre and Portishead itself has a building lo be
proud of, we have become 'Xhe pla¢e" to hold parties and events. We have been able to
slowly return to these activities and more in 2021, with safely and security of our staff and
Centre users paramount. It has been & wonderful sighi, seeing and hearing so many people
enjoying the Centre once more - Inothers and babiesltoddlers, young people forming new
relationships, stre¢1 dance praoti¢e. music making in the recording studio, faith groups
meeting in qui¢t conteinplation and our senior citizens catching up ovei. lunch and other
planned activities. The Centre has gone from slrength to strength and is as busy as il has
ever been,. under the leadership of Kim ai)d the oversight of the Board of Truslccs, thc
Centre has a 3-year plan in place which guides our curreni and fuiure planned aclivilies.
Portishead Youth Centre is seen by the community as a place i)f expertise and safely for
engaging children and young people. We are doing more work with Gordano School and
others 10 provide education for school pupils who struggle lo engage with more traditional
approaches of learning and our relalion5hip with Gordarto is as strong as ever with popular
Youth Hub ses.%inns at the school being moved to larger preinises due to it5 popularity.
The Trustees are pleased to reporl thai the day lo day running of the business Continues to
be expertly led by Kim Jones, supported by an excellent and dedicated team. They are the
beating heart of the Centre and cverything you see is driv¢n by their iiiiasyination and Cdr¢.
Policies continue to be reviewed on a rolling basis and thanks Inust 80 in particular to Jean
Lord and Mark Beaumont for keeping these updated, especially the constantly changing
Covid guidance.
Our continued success has been iiittde possible by the relentless support and work by the
Trustees and the Centre's staff wlio continue to be open to new challenges, innovative in
their delivery and loyal lo the Centre and all who Inake use of it. My heartfelt thanks to
you all.
2021 will also be marked as the year that Ros Cruse decided to step down as Chair of
Trustees, after 15 years leading the manakTeinenl ¢oininiltee in its various guises pre- and
posl-North Somerset funding. Ro.% h&8 lived and breathed Portishead Youth Cenlre for
many years and it is down to her deterinination. drive and will lo win that you see ihe
Portishead Youth Centi'e that exist today. Thank you Ros, you are a hard acl to follow and
l appreciate all of your wise counsel.
Thanks also go to Mark Beaumont who has served as Secretary and Vice Chair {the latter
since May), Mike Jones as Treasurer, David Cook as Chair of the Finance Coinmitlee,
Suzanne Thorne as Chair of the Sta￿1ng Coininittee and Tanya Slatler as Chair of the
newly formed Plartning & Outcomes Committee, created to provide support and oversight
for our 3-year planning activity and related social impact assessment work.
Page 4

Portishead Youth Centre Limited
Company limited by guarantee
Annual report of the directors and trustees
.¢ontinued
Res¢rves
The surpliis for the year has amounted to £13,986 on unrestricled funds and a deficit of
£16,503 on restricted funds as slated on page 13 of the accounts. The unreslricled surplus
lolalling £13,986 was helped by a successful insurance claim of £12,127 (for business
interruption due to Covid in 2020), over £12,500 of Governinent furlough support and
£16,097 Covid support froin North Soinersel. The restricted deficit of £16,503 relates to
grants received in 2020 in respect of 2021 funding.
The Trustees consider the following provisions necessary in order to show a true posilion
of the Youth Centre's ongoing working capital. Using the Reserves Policy agreed in 2021
the alloGation of the reserves to be included in the annual accounts for 2020 are as follows..
Cover for salaries and running eosts for six months for business continuity in the
evenl of a catastrophic loss of income £90,000.
Cover for the non-insurable cost of using alternative accommodation should Ihe
centre building be out of action £ l 0,000.
A cumiilative sum to cover any refurbishment required al the end of the lease
£30,000.
This makes a total of £130,000 in the designated fijnd as staled in note I l. page 14. There
15 also a .8um of £51,728 which is a portion of grants which are evenly spent uniil the nexi
instalmenl 15 due or a new application can be made as slated in note 9, pagc 12.
Despite the incredible suppoii froin our grant funders and the hope of a full year of trading
in 2022, we expect that we will need lo rely upon some of our reserves to continue to
operate fully as costs rise. Energy and cleaning costs have increased, our Inaintenance
budget ha5 risen and we have in¢r¢ased our slaffing c051s in 2022. The latter is partly
down to adding new roles as we increase our provision but also to enable us to becoine a
Living Wage Einployer, soinething we are very proud lo have achieved. We will aim to
minimise the use of our reserves as much as possible but it does d¢mon.qtrale the
importance of having a sound financial footing.
This report has been prepared in accordance with the special provisions for small
companies under Part 15 of the Companies Act 2006
Thi
re
was approved by the board on 16 ' May 2022 and signed on its behalf by
John W. Power
Directorrrrustee
Page 5

Indepelldellt Examiner's Report to the Trustees of
Portlshead Youth Centre Limited
Collipnny lln]Ated by guavantec
I report to th¢ charity trnstees on my ex&minalion of the accounts of th¢ wmpany for the
year end￿ 31$1 Dc¢ember 2021, which are sel oul on pages 6 to 13.
Rupon$lbilities and bas1$ of report
As the chariiy's tn]stees of the cornpany (and also it8 d1￿CtorS for th¢ puiyoses of
company law) you are responsible for lh¢ preparatioii of the A￿ount5 in accordance with
the requirnnenls of the Companies Act 2006 ('th¢ 2006 Act,).
Havin8 satisfied iny5df that the acwun18 of the company are not required to be audited
nder Part 16 of the 2006 Act and are eligible for independent examinatio￿ I report in
respect of my examination of your charity's nccounls As carried out under section 145 of
the Charities A¢t 2011 (the .2011 Act,). In carrying out my examination I have
followed the Directions given by Ilie Charity Commission undcr section 145(5)(b) of the
2011 Aet.
Independ¢nt ex4miner'$ report
I have completed my examtnation. I confimi that no matters have com¢ lo my &tt¢nlion
in ¢onneclion with the cxaminlllion Siv¢ me cAuse to believe.. -
l) accounting rword5 were not kept in respect of the company as required by section 386
of the 2006 A¢l' or
2) the accounts do iiot accord with those ac¢ounting record8: or
3) the accounts do not comply with the 8c¢ounling requirements of section 396 of the
2006 act other than any rcquirement that t]ie accounts give a 'lrue and fair. view which
is not & matter considered a3 part of an independent CX8mination' or
4) the accoun15 have not bee]i prepared in accordance with Ilie meihods and principl¢s of
the Stat￿nent of Re¢ommended practice for accounting and reporting by charities
lapplicable to charities pr¢paring Ilieir accourtlg in accordance with the Financial
R¢portin8 Standard applicable to the UK and Republic of Irelaiid (FRS 102)].
I have no concerns and have come across no oiher matters in connection with the
¢xaminalion to which allenlion should be drawn in this r¢port in order to enable a Proper
understanding of th¢ accounts lo be reached.
Si8ned.'
Robert D OLT
Brooking Ruse
Chartercd Accountants & Registered Auditors
108 High Sircel
Portishead
BRISTOI.
BS20 6AJ
Date..
Page 6

Portl5he#d Youth Centre Limited
Company limiled by guarantee
Statement of flnancial activities (ineluding income and expenditure a￿o￿nt}
for the year ended 3111 December 2021
Unrestricled Restricted
Funds
Funds
Notes
Tot41
Incoming resources
142,685
93.862
236,547
R¢$our¢¢$ expended
128,699
109.915
238,614
Net incoming r¢sollr¢es
13,986
(16.053)
(2,067)
Reeonciliation of funds
runds brought forward
134,592
20.051
154,643
Funds carried forward
io
148,578
3.998
152,576
The slateinenl of finaiicial activities in¢liides all recognised gains and losses for the year. All incoming
resources expended deriv¢ from ¢ontinuing aclivilies.
The Dotes on pages 10 to 14 form an integral part of these finan¢i*l statements.
Plge 7

Portlshead Youth Centre Limited
Company limited by guarantee
Balance Sheet as at 31°, December 2021
Notes
2021
2020
Fixed assets
Tan¥ible assets
14,349
19,703
Current Assets
Stocks
Debtors and prepayments
Cash at bank and in hand
861
5,117
214.901
1.058
7,405
146.469
220,879
154,932
Credltors.. amounls falling due within one year
82.652
19.992
N¢t eurrenl thssets
138.227
134.940
TotAI Assets less current liabllltie8
152.576
154,643
Net Assets
152,576
154,643
Funds
Rc%lricted funds
Unreslricled funds
io
li
3,998
130,000
18,378
20,051
130,000
4,592
Designated
General
152.576
154.643
The directors. staleinents required by Sections 475(2) and (3) are shown on ihe following page
which foms parl of this balance sheet,
The notes on pages 10 to 14 form an integral part of these financial ststements.
Page 8

Portishead Youth Centre Limited
Company limited by guarantee
Balance sheet (continued)
Dir¢¢tors' stat¢ments required by Sections 475(2) and (3)
for the year ended 315t Deeember 2021
In approving these financial swt¢m¢nls as directors of the company we hereby confirm..
(a) Ihat for the year slated above the company was entitled to the exemption conferred by
Seclion 477 of the Companies Aci 2006.
(bl thai no notice has been deposited at the registered office of the coinpany pursuant to Section
476 requesting that an audit bo conducted foi. Ihe year ended 31, Dc¢¢mber 2021 and
(c) that we acknowledge our responsibilities for..
ensuring that the company keeps accounting records which comply with Section
386; and
preparing financial stst¢menls which give a true and fair vicw of the state of
affairs of the company as at the end of Ihe financial year and of ils profil or loss
for the year then ended in accordance with the requir¢incii15 of Section 393 and
which otherwise comply with the provisions of ihe Companies Act 2006 relating
to financial slalements, 50 far as applicable to the company.
These accounts have been prepared in accoi'dance with th¢ special pi'ovisions of the Companies Act
2006 applicable 10 companies subject lo the small companies regTiine and in accordance with
FRS102 SORP.
The fi
ncial statements were approved by th¢ board on 16, May 2022 and signed on it5 behalf by
John W. Pawci.
DirectorlTru5tee
Registration number: 07588073
The notes on pages 10 to 14 form AD integral part of these financial $tstemeDts.
Page 9

Portishead Youth Centre Limited
Company limited by guarante¢
Notes to the unaudited financial 5talements
for the year ended 31%1 D¢¢¢mb¢r 2021
Accounting policies
Basis of accollnting
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities in
preparing their account in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102) (effective l January 2015) (Charilie5 SORP
(FRS 102)), the Financial Reportin8 Standard applicable in the UK and Republic of
Ireland {FRS 102) and th¢ Companies Act 2006.
Fund AccountinE
Unrestricled funds a￿ available for use al the discretion of the trustees in funherance
of the general objectives of the charity.
Designated funds are unr¢stri¢led funds earmarked by the Management Cominittee
for particular purposes.
Restricted funds are subjected to re$lri¢tions on their expenditure imposed by the
donor oi. through the lerins of an appeal.
Ineoming resources
All incoming resources are included in the stateineni of fiiiancial activities when the
charity is enliiled lo, and virtually certain to receive, the income and the ainounl can I
quaniified with reasonable aLcuracy.
Deferred Income
Grant Incomc rec¢iv¢d in the year is shown as a liability in the balance sheet. This is
dependent where there 15 a condition allached to the grant that it must be used in a
particular way as specified by the grant provider otherwise it Inust be returned.
Re50urees expended
Expenditu￿ is recognised ort an accruals basis as a liability is incurred. Expenditure
includes any VAT which cannot be fully recovered and is reported as part of the
expenditure to whi¢h it relates.
Tangible fixed Assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of
each asset over its expected useful life, as follows..
Property improvements
l 0 /0 straight line
Office equipment & furniture
250/0 reducing balance
Fixturcs. fittings & equipment
250/0 reducing balance
1.7 Stock
Stock is valued at the lower of cost and nel realisable value.
Page 10

Por¢ishegd Youth Centre Limited
Company limited by guaran¢ce
Note5 to the unaudited financial statements
for the year ended 3151 December 2021
.continued
Unrestricted Restricted
fuDds
funds
Ineoming re$ouree$
Total
Granl income
Donatioi)s and Fundraising
Food and r¢fr¢shm¢nt incom¢
Room hire
Pre School Activities
Other incoine
Youth Club activities
Insurance Claiin
Bank interesi receivable
93,862
93,862
13.192
22.759
29.168
21,541
37,782
5,548
12,127
568
13,192
22.759
29,168
21,541
37,782
5,548
12,127
568
142.685
93,862
236,547
Unrestrieted Re$tricted
funds
funds
R¢$OurC￿ expended
TotAI
SiatTcosts
Goods purehased for resale
Other dii'ect costs
Pr¢inises expenses
Administrative expenses
Depreciation
92,277
7,967
11,591
5,203
6,307
5,354
87,949
1,247
1,500
9,739
9,480
180,226
9,214
13.091
14,942
15,787
5,354
128,699
109,915
238,614
Net outgoing resources
This 1.4 stated after charging:
Depreciation
2021
2020
5,354
6,568
Staff costs
Wages and salaries
Social security costs
Pension cosls
Other expense5
169,147
5,173
3,773
2,133
128,080
4,545
3,129
798
180,226
136,552
No employee received emoluments of more than £60,000.
The charity operates the NEST pension scheme for ils employees.
The avei'age number of employees during the year was as follows:
Youth workers
Food and refreshmcnt sales
Pre School
Administration and support
No.
10
19
22
Pxge 11

Portl5head Youth Centre Limited
Company limited by guarantee
Notes to the unaudited financiAI statements
for the year ¢nd¢d 31$1 De¢ember 2021
Trll5t¢e remuneration and related party transactions
No members of the management committ¢e received any remuneration during the year, nor were
any expenses reimbursed io trustees.
,¢onlinu¢d
Taxation
As a charity, Portishead Youth Ccntre Limited is exempt from lax on income and gains falling
within secliuns 466 10 493 Corporation Tax Acl 2010 (CTA 2010) or section 256 Taxation of
Chargeable Gain5 Act 1992 (TCGA 1992) to the extent that these are applied to its charitable
objects. No tax charges have arisen in the charity.
Tangible fjxed assets
Fixtures
ritting &
¢quipm¢Dt
Property
Improvements
Total
Cost
At 31" December 2020
Additions
17.114
45,212
62.326
At 31, December 2021
17,114
45,212
62,326
D¢precl*tlon
At 31. December 2020
Charge for the year
11,979
1,712
30,644
3,642
42,623
5,354
At 31" D¢¢einber 2021
13,691
34,286
47.977
Net book value
At I I" r)ec¢mher 2020
5.135
14,568
19,703
Net book vAlue
Ai 31. Deceinber 2021
3,423
10,926
14,349
Creditors: amounts falling due within oiie year
-rrade creditors
Accriia15 and deferred income..
Accountants, fees
Other Lreditors
Deferred rcslricted grant income
2021
2020
5.903
3.411
2,100
22,921
51,728
1,980
14,601
82,652
19,992
Page 12

Portishead Youth Centre Limited
Company limited by guthrantee
Notes ¢0 the unaudited finaneial stalements
for the year ¢nd¢d 31Yt December 2021
.,continu
io.
Funds
Unrestricted
Funds
R￿tricted
Funds
Total
Fllnds
At I, January 2021
(Deficit)ISurplus for the year
134,592
13,986
20,051
{16,053)
154.643
{2,067)
At 31%l December 2021
148,578
3,998
152,576
Restricted funds
Balance
b/hYd
Incoming
Resources
Resources
¢Jpcnded
Balance
cjfwd
The Portishead Nautical Trust
Portishead Town Council
Garfield Wesloii
Children in Need
North Somerset Council Covid19
North Somerset Council
Reaching Communities
Waitmse
Neighbourly
Portishead Arts
Max Farrow
Jenna Clare
2,500
6,249
1,666
7,426
15,418
20,834
17,918
27,083
1,666
5,745
16.097
16,033
25,000
1,681
16,097
16,033
25.000
705
705
397
841
294
80
3,998
400
I,ioi
294
260
80
93,862
20,051
109,915
Restricted funds are to be used only for th¢ following specific purposes..
Children in Need
Youth support & mentoring activities for young people
Waitrose
Food for vulnerable fami lies
Neighbourly
Food for vulnerablc familie5
Portishead Arts
Skate board equipment
Max Farrow
Gaming equipment
Jenna Cla
LGBT r¢sources
Page 13

Portishead Youth Centre Limited
Company limited by gu&rnntee
Notes to the unaudited fJnan¢ial statements
for the year ended 31" December 2021
.wntinu¢d
ii.
Designated funds
Balance
New
Designation
Expenditure
in Y¢ar
Balance
clf
blf
Club refurbishment
Business contingency
Alternative accommodation
30,000
90,000
10,000
30,000
90,000
i 0,000
130,000
130,000
The designated funds are sel aside for future expenditure by Portishead Youth Centre.
12.
CompAny limited by guarAntee
The coinpany is limited by guarantee and does not have share capital.
Pale 14