Portish¢%d Yonth & Community Centr¢ Limited
Formalty Porti8beAd Youth C¢Dtre Liwited
Company limited by 8uaraDtte
Report and unaudited financial 8tstemeDts
for tb¢ year ended 311t Dec¢mber 2024
Company No. 7588073
Charlty No. 1143238
Brook￿ Ruze
Ch2rttTed AccouDtaDts
108 High Street
Portsghe8d
North Somtrset
20 6AJ

Porti3head Youth & Community C¢ntre Limited
Company limAt¢d by gugrantee
CoDt¢nts
PAge
Independent ExamineT'S report
Statcment of fu￿1claI activities
B8lattc¢ sheet
9-10
Notes to the unaudited finanGiaJ StateM￿ts
11-16

Portisheid Youth & Community Centre Liwited
Company ]imit¢d by guarantee
AnDual report of the directors xnd trwtee8
The directors and ttustees present their re[￿rt together with the unaudited fuwiaial
statettLents for the yeaT ended 31 Desxmber 2024.
The trustees have complied with the duty in Section 17(5) of the 2011 ChaTities Ad to
have due regard to guidance publisbed by the Charity Commission.
The Teport is prep￿ed in accordance with the small compani¢s regime (Section 419(2) of
the Companies Act 2006).
Administratlve details
The company. Portishe&d Youth & ConunuDity Centre Limitsl is V4 company limited by
guarantee number 07588073 and is a wistered cbarkty, nuDJber 1143238.
The ci)mpany was iDcoryJoreted on l Apiil 2011 and commenrxd activitie5 on
1° January 2012.
The registercd office and operational addrc3S is..
l Harbour Road
Portishead
North Somer8et
BS20 7DD
Dtrectorsltru8t¢es
R.F. Sainsbury (made Honorary Prcsident Jaauary 2023)
IL T. Amruthur
G. Bishop
E.J. Blackmore
D.R. Cook (resi8n¢d May 2024)
R.M. Crnse
L.J. Davey
N.J. Holland
J. Lord
S.A, Mason
J.W. Power
Z. Priddle
Sticklcr
S.T. Swift
K. Moody (from sept￿nber 2024)
K, Wilatsd (from July 2024)
Reporting aeeountants
Brooking Ruse
Chartered Accoutttants
108 High Street
, Portishead
North Somer5et
BS20 6AJ
Pag¢ I

Portishead Youtb & CommuDity Centre Limited
Company limited by guarAntse
Annug41 report of the director8 and trusteea .
Pury0S￿ and Aims
Our charity's Putpose as set out in the objects ￿￿tsIned in the company's memorandum of
association are for..
The provision of a ￿mmunity Centre for young people.
To fillther or benefit the residents of Portisbead and the neighbourbood. without distinction of
s¢K sexual ori¢ntation, race or of political, religious or other opinions by &ssociating together
the said residents aDd tbe lo￿1 autborities. voluntary and other or8aDisations in a common
effort to advance education and to provide facilitics in the intetcsts of social welf8re for
recreation and leisure time ¢)ccupation with the objective of improving the conditions of life
for the residents.
Ch*rity trustee 8elertioD
Tn]gtees 8re appointed by the manRg¢ment committee on the undetsding that they will fiuthcr
the purposes and aims of the ckwity detsiled above.
The matW8em¢nt committee shall be constituted as follows;
l Tepresentative of North Som¢rset Council
2 representatives of PortisheAd Town Council
I representative of the Gordano School staff
I representativ¢ of Avon & Somerset Constabulary
Up to 10 COvoM¢d from the local commwjity
A¢hlevemeThts during the year
This 18 the thirte¢nth year of trading attd once again it has been a very busy year os the Centre
ontinue5 to grow and meet ¢ver-incre8sin8 Deeds in the town. Vlbilst Covid is a distant memory
for sorne, for many it continues to impact youn8 lives in porticul8r, at & time where the provision of
mentoring and youth 3¢rvi￿ 18 8rowin8 financially tougher year by year.
We began 2024 with a l8rge, prediGted deficit, driven18rg¢ly by two yeats of double-digit inflation
impacting wages and energy costs in partiwiar. Unlike many commercial businesses, it is
impossible to pas5 on the fJJll imp&ct of these ri8ing costs without sigwficantly impacting the
ability for thoge vkno need our support th¢ most from ￿ssIng our ￿r¥ICe3, GraDt Ojnding is
bxoming more and mor¢ comwitive, egpcoially for the larger, multi-year funds that are so
desired. Despite all of this, we managed to mitigate the18rge projected loss through sensible cost
ontrol and some successfijl gtant bids. Totsi losses for the year amounted to £14,526, cornpa￿d to
a budgeted loss of £84.000.
My thanks to the diligence and hard work of Kim, Katen and indeed the entire staff team for
delivering such a strong result UDder the CiT¢uD￿, parti¢ularly when you consider that youth
work attendance was once again up 6.50/0 year on year. The of the Centr¢ are ¢temaily
grateful for th¢ hard worL CODunitment and drive that the team b&
Page2

Portishead Youth & Community C¢ntre Limited
Company lijnlted by guxralltse
Annugl report of the directors and trusleeg ...￿ntinU&1
once &g&in shown in delivcrin8 such a bighly regarded community seryice under such pressure.
Since 1966. Portishead Youth Centre has remained a centr81 hub in the community providing
invaluable scrvicas to support children and youDg pwile and their parents and care providers.
Driven by the ccntre's core values of accountability. reliability. professioDalism, positivity. respect
and ￿til]￿lY its passion to mak¢ a differetw¢ and provide a happy And safe pl&ce for all. the
centr¢ has grown frorn strength to str¢n8th, and has proudly expanded its services to support more
and more gTOUPS of people. What started as a 'tyouth club" bas trallsforn]ed into a thriving centre
supporting the different needs of ADtC and post-natal group4 babies (via a ￿ethe), toddler and pre-
5th001 groups and senior citizens. as well ￿ continiJin8 to provide a wRde range of school-age
activities for primory and S￿ndary school Childre
The centre is tluilled to be able to offer activities including the Rock Pr()jecL music and recording
Se￿10nS (making us¢ of its impressive recording Srudio), slTeet dance, history groups, prayer
meetings and holiday clubs and activities. IrL addition, thc witre's vibrant Seniors group enjoys
weekly social me¢tin85 with a me81 &8 well as organiscd day-trips. The centre is delighted to work
closely with Gordano SGhool to a d9ily youth hub (Sitt￿led at the xhool) where youn8 people
c4n dropin for a chat in A saf¢ spa¢e. As part of its crucial services, the centre also provides
altemative learning provision to young Feople who find it dlfficult to access school provisio
woikiti8 closely with the young perso￿ their school and family, Undoubtedly, the COVID
pandemic changed the needs of the Portithead community and the centre has continued to Work
tirelessly to ZDeet additional need8 with Tegards to food ￿Verty. support for mentsl health and
reducin8 lonelin¢s3 and isolation in adults (young and old).
The c¢ntre renamed As the Porti3head Youth & Community Centre, to more aLYurat¢ly reflect
what it offers to all the people of Portishead and relaunohcd its website with new features
including online booking and paynTrnt facilities. New signage also appeared on the building. One
thing that will always remain 18 the centre'5 UnStititiD8 ¢ommitm¢llt to meeting th¢ needs of th¢
mtnunity, its friendly wel¢ome. the highly supportiv¢ environm¢nt 8rAd its wide range of
engaging aGtivitie8 for young and ol
The ¢¢ntre 18 imm¢n8¢ly gratem for the vAtsI donations and ￿ortts it has conlinued to reoeiye from
various O￿an1￿￿tionS, Ancluthg Portishead Town Council. the National Lottery. Children in Need
and Portisb¢ad Nwtical Trust, in llddition lo many other individual and group donations. The
ongoing multi-year yupport from these four groups in particular really provides the Centre with a
renewed degree of fuwwial security rnovin8 forward, for which we arc inuneDsely gral¢ful.
Despite this gcncrous fijnding, caGh year remains a ch￿]enge financially as the centre ￿Ck5 to
meet the ongoing 8nd V￿led needs of the comtnunity with self-generated income.
We also thanknll for a range of funding from North Somerset Council, Neighbourly, Qu8rteL
National Youth Agency, Rotary. Ironmongers Company and Warburtons to help us to provide
invaluable activities and support acro&8 a rauge of import8nt areas including Seni¢)r5 SUPPOrt gnd
holiday activitiag to vulnerable f8milies, among othets.
Food rdated funding w8s also receival from Portisbead Town Council, Neighbourly and Waitrose
Portishead. Kim Jones in particular worked with the Local Food Bank to help feed our more
vuLnerable
Page 3

Portishead Youtb & CommuDfity Centre Limited
CiJmpaDy limited by guarantse
report of the dfireetors ind trustett ...
farllilies. We continue to b¢ gratefill to Cblldren in Need and North soMe￿¢t Council for their
suwort with fimding for youth mentoring work
Various appli¢ations have been made for grnnts to supprt the n]tining of the Centre overall during
2024 and we are very gratefi￿ to ¢veryone for their support: phge 14 provid&8 8 complete list of
th08e who have supported us.
We have ￿$0 F*en generously supported by local people, organisations and bu3in¢s3es in the fonn
of doDations. These include, but arc not limited to:
Portishead Lions Club Int¢rnJtional
Charities Tn￿t
D I Scott- Toy Sale
J Fowler
Astron Fire and S￿urity
Redcliff¢ Bay M¢thodi8t Church
Phoenix Bar
M￿Saret Prince
Stuart Swift
Phil Sanders
Portishead Senior Citi7￿ Supper
We ¢ontinue to be very gr81cfjJl to the Portishead Lions Club International. They have continued to
3UPPOrt with odd jobs around the Centre; the Tn￿e¢S and staff are very grnt¢ful. We wcre also
delighted to continuc playiD8 an active part ill th¢ Portishead in Bloom displays with the particular
support of Adriaa and Diane Worktnan.
Portishead Youth and Community Centre confinu¢s to be seen by th¢ wmmunity as a pla￿ of
expertise and safety for engaging ehiidren and YOUD8 people. We ￿ntInUe to work with GordAllO
School and others to provide education for school pupils wbo struggle to engage with more
traditional approaches of learniDg and our relationship with GordaDo is a5 strong &$ ever.
The Trusteu pleased to report that the day to day nmning of the business ￿ntinU￿ to b¢
exwtly l¢d by Kim Jones, supported by an excellent and dedicated team. They are the beating
heart of the Centrc and eV￿rI￿ you see is driven by th¢ir l]atd work ond ¢8re' we a5 & Tntstee
Board are very proud of them.
My thanks to th¢ Trustee team for its support tbrough another difficult year. tbis AGM will maTk
my fourth and final y¢ar as Chair ￿ I look to pass the baton to someone new to l¢&d the next
period. It has Erten a privilege to represent the Centr¢ and to help shape it and the Trustee B08rd in
some small way. I look forward to ￿ntInUe supporting the new Chair and Board.
Policies ¢ontinue to be rcviewed on a rolliti8 basis and thath M￿st go in Particul￿ to Jean Lord for
k¢ying these update¢ as well 88 her diligence and support in acting as Treasurer foLlowin8 David
Cooks's resignation at the last Afjm. Jean will herself retiTe this ye8r' my sincerest thanks for her
incredible 3UPPQrt and wise counsel to myself. the Trustee Board and the staff team over the decade
or MO￿ that Jean has Ecen involv¢d in the running of the Centre. She be keenly missed.
Page 4

Portiihead Youth & Community Centre Limitsd
Company IijDited by guar*nt¢e
Annual report of the directors *nd trnsttt8 ...￿￿]nUts1
Treasurer's Report and Reserves Policy
The national aud internaliojwl situations continued to advers¢ly affect the Centr¢ throughout 2024.
The w¥£ in Ukraine, the IS￿vG￿ coDfii¢t and then the un8¢tt1I￿ pron)is¢s from the ch￿¢ of
1¢8dership in USA mv4y seem far away from this single ente￿rise in Portishead. However. these
events affect our fmancial position through our c4)sts (salarAes, energy, pur¢h&Ys etc) and incon
(competition for grants. ability of users to pay iticreas¢d charges etc). Though the figures that the
Chairman has quoted for the end of 2024 arc better than we had projectr¢ thc outlook for 2025 is
more difficult than we l￿d envisaged. As a service provider. our staffing costs are a huge part of
our outgoings so the incTe8se in National Inswancc Tates. and in th¢ minimum wage will hit us
hard. As & result the Trustees a￿ed in late November to issue no bonus payments to any member
staff at the end of 2024. and to P03tpone any salary in¢rease8 to ApIil 2025, inst¢ad of January.
This is seen as the first step to maknng dccision5 in 2025 vrill make our fuwiciai position more
secure, while continutDg to provide a high level of s¢rvicz to the Portish¢ad Community.
The Finance Committe¢ Continue to m¢¢t least quart¢Tly to ftview and monitor the updated
fJn8ncial perforniance thToughout the year and ally other matters arising. The members Teview tbe
figures with gr¢at diligence and d¢serve the thanks of anyone reading this report. We are also
sratebjl for the support 8nd advice of our account￿ts Brnoknn8 Ruse and Co Ltd.
Jean Lord
Temporary Hon Treasurer May lo D¢¢anbw 2024
Reserves Policy
The Thist¢es consider the following provisions neKess8ry in order to Show a tNe PK)Sition of the
Youih and Community Centre's ongoing working capitsl. Usin8 the RescrYvJ Policy agreed in
2021 and updated again in 2024 the allocation of the reserves to be included in the aDnual accounts
for 2024 are as follows:
Cover for Salaries and runni￿ for up to 4 months to allow ¢ontinuity of provision
vthile restructuring in the event of a cata8trophic108s of income: up to £120,000
Cover for the non.insurabl¢ ¢osts of using ￿ter[￿tiVe aC￿MmodatiOn should the Ccntre
building Ee out of action: £10,000
A fjjnd set asid¢ to cover the future c03t of a named projrt A mittibus: £3,000
This makes a totsl of £133,000 in the designated fimd u Stat￿ in note 11, page 15. There is ￿80 a
sum of approximately £40.045 which is a portion of grants v4hich aTC ¢venly spent until thc n¢xt
instalment 18 due or a new application e4n be made as stated in note 9, pa8c 13.
Despitr the inGT¢dibl¢ 8UPPOrt from our grant fimdets. w¢ expect tllat we will n¢ed to rely u￿n
some of our T¢S¢rves to continue to operate fully as costs rlse. Energy ¢0sts havc increased
significanlly. our overhead costs have risen and we have fitrther incr¢￿ed our staffing costs in
2024. The latter is to enable us to mailltsin our position a5 4 Living Wage Employer Ls we continue
to deal with salary intiation. We will aim
Page 5

Portlsbead Youth & Communtty Centre LiDLited
Company limited by guAfAllt¢¢
Annual report of the directors 7lDd truytees
to J)]initwe the u8e of our ￿serveS as n)u¢h ￿ possible but it does demonstrats the importgnce of
having a sound fjnancial footing.
Thi5 report has been p￿pared in accordance with the special provis
PBrt 15 of the Companies Act 2006
ns for 5m&ll companies und¢r
ort was approved by the knard on Iz& M
202
igned on its bchalf by
John W. Power
Direettsrllrustee
Page 6

Independent Ex*mfiller'8 Report to Ibe Trustee8 of
Portishead Youth & Community Centre Limited
CoDJP8ny limited by guArantsÈ
I Teport to the ¢lwity trustees on my examinatson of the accounts of tbc company for the
yeaT ended 31° De£ember 2024. which ate set out on pages 7 to 14.
R¢8ponsibilities and bAsis of r¢port
As th¢ tharity's trustees of the conipany (and also its directr￿ for the purposes of
¢ompany law) you ar¢ ￿spOnsIble for t￿ preparation of the accounts in accord8nce with
the requirements of th¢ Comp8nies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accoullts of the company arc not rcquiT¢d to be audited
under Part 16 of the 2006 Act and are eligible for independent exaMI￿tio￿ I report in
re4)ect of my examination of your chaTity's accounts as carried out under wtion 145 of
the ChaTiti¢s Act 2011 (the '2011 Act,). In carying out my examination I havc
followed the Directions given by the Charity Commiwon uth section 145(5)(b) of thc
2011 Act.
IndependtDt examiner's report
I have Completed my exAmillation. I cojjfllm that no matters hav¢ con￿ to my att¢ntion
in connertion with the ex8miDation give me cause to believe.. -
l) accounting records were not k¢pt in of the company as requireA by section 386
of the 2006 Act. or
2) the accounts do not a¢cord with tlkose accountin8 records. or
3) the accounts do not comply with the ￿oUnting requirements of section 396 of the
2006 act other than any reqUI￿￿ellt that the a¢￿)Unts give a 'trne and fair, view ￿l¢b
is not a matter considercd as part of an indepcndeni or
4) the ￿￿nIS have not been prepared in accordance with the methods and principles of
the Statement of Recommended practice for accounting and reporting by chariti
[applicable to clwities preparing their accounts in ￿ordanCe with the Financial
Reporting Standard applicable to the UK ond Republic of Ireland (FRS 102)].
I have no con¢¢rns and have ¢ome a¢ross no other mattets in eojjnection with the
examin&tion to which attention should be drnwn iti this report iti order to enable a proper
uuderst4lldLn8 of the a¢¢ouDts to be It￿led.
Siglled..
Robert D Off
Brooking Ruse
Chartered Accountsnts
108 Hi&b Street
Portishead
ÈRJSTOL
BS20 6AJ
P4g¢ 7

Portishead Youth & Commullity Centre Limited
Company limited by gNarAntee
ststement of fmancial actiyitiu (iDeludiDg in¢ome and txpendlture account)
for the year ended 314t Dec¢mb¢r 2024
UDrestricted Re8trict¢d
Funds
Funds
Note4
Totil
Incoming re80ur¢¢s
304,710
145,617
450227
R¢source8 expended
323,798
141,055
464.853
Net Ineomlng resourceJ
(19.088)
4.562
(14,526)
Reconciliation of funds
Funds brought fOr1￿d
161.302
16,434
177,736
Funds ¢arrled fornard
io
142,214
20,996
163210
The statement of financi￿ activities includes all reeognised gains and 10$5es for the year. All in¢i)ming
resour¢¢8 ¢xFnded derive from continuin8 activities.
The notes on p*g¢J 12 to 16 forni iDtegrAI part of th¢8e fjnancial statements.
Page 8

Portishead Youth & Commwiity CeDtre Limited
Company limited by guaraDtee
Bal4nee Sheet as At 31￿ Dec¢mber 2024
Notes
2024
2023
Flxed asset8
Tangible &qsets
7.673
6,146
Currtnt *8sets
Stock5
Debtors and prepayments
Cash at bank and in Iwid
1,413
12,153
214,356
1,453
13.001
234.763
227,922
72,385
249217
77.627
Creditors.. amounts falling due within onc year
Net eurrenl 4saets
155,537
171,590
Total AS8¢ts les8 eurrent li*biliiieJ
163,210
177,736
Net aJsets
163.210
177,736
Funds
Restricted funds
Unrc5tricted funds - Designated
- General
io
li
20.996
133,000
9,214
16,434
133,000
28,302
163.210
177,736
Th¢ directors, statem¢nts required by Sections 475(2) 8nd (3) are Sho￿ on the following page
which forn￿ p8rt of this balance 3beet.
The Dotes on pages 12 to J6 form #n intsgNI p*rt of thue flnanci*l $tat¢m¢nts.
Page 9

Porttshegd Youth & Community Centre Limited
Company limited by guarAntee
Balgnce sheet (tontlnued)
Dire¢tors' ststemeDts required by Sections 475(2) and (3)
for the year ended 311t De¢ember 2024
Tn 8PPToving these finan¢i81 stat¢ments as directi)rs of the company w¢ her¢by confim].'
(a) that for thc year st&ted abo￿ th¢ company entitled to the exemption cOnfe￿¢d by
S¢dion 477 of the Companies Act 2006;
(b) that no notice has be¢n deposited at the register¢d offi¢e of the company pursuant to Se¢tion
476 requesti￿ that an audit be conduGted for th¢ year ¢nded 31 December 2023 and
(c) that we athiowledBe our resp)nsibiliti¢$ for:
(i)
¢Dsuring that the company ke¢ps [￿OrdS vthich comply with Section
(li)
preparing financi81 slatements which give a true and fair view of the slat¢ of
affair5 of the company as at the end of the financi81 year and of its profit or loss
ftir th¢ year then ended in a¢cord8nce with the requirements of Section 393 and
vthich otherwise comply with the provisi0Trs of the Companies A¢t 2006 relattng
to fllwicial st&tements, 80 far as applicable to the company,
These a¢¢ounts hav¢ been prepared in a￿[dance with spe¢ial prnvisions of the Compani¢$ Act
2006 applicabl¢ to Companies subject to the srn￿ ¢omp&ni¢8 regime
in 8ccordAnLY with
FRS102 SORP.
The financial statements w¢re Approved by th¢ boATd on12
202
d signed on its beh8lf
John W. Power
Dlrectorrrrustse
Regtstr*tion number: 07588073
The notes on pages 12 to 16 forni #n in¢¢gral part of the5¢ financial Ststements.
P2ge 111

Portishead Youth & Community Centre Limlted
Comp*ny limited by guArantee
Notes to the unaudited finan¢ial ststements
for the year ended 3111 December 2023
A¢¢ounting poli¢1
1.1 Basis of *¢counting
The financi￿ stf4tenwits have b¢¢D prcp&Ted in accord8nce with Accounting and
Reporting by clwlti￿.' Stst¢ttLent of Recomniended Pradice applicable to charities in
prcpaTing their account in ￿￿rdance with the Financial RepJrtinB Standard applicable in
the UK atLd Republic of Ireland (FRS 102) (effective l January 2015)- (CharitÉes SORP
(FRS 102)), the Fit)aDCl￿ ReFKJrting St8ndard applicable in the UK and Republic of
Ireland {FRS 102) and the Companies A¢t 2006.
1.2 FuDd accounting
Unrestricted fiu]ds are available for u8e at the di3cretion of the truths in fillt1￿ce
of the general objectives of the charity.
De8ign&ted fiJnd$ are unrestri¢ted fillth earmarked by the MgnMgcm¢nt Conunittee
for particui8r purposes.
Restricted fim& are subjethed to Teytriction5 on thcir expenditure imposed by the
donor or through the tern)s of an appeal.
1.3 1n¢omiDg ruources
All incoming resources are included in the statcment of financial &ctivitie8 when the
Charity is entitled to. and virtually certain to receive, the i￿)Me and the amount can be
quantified with rea30nable accuracy.
1.4 D¢ferred ID¢ome
Grant Income Teceiv¢d in th¢ year is shown a5 a liability in the balance gheeL This is
depcnd¢nt wh¢re there is a wndition ￿tt￿h¢a to th¢ grant that it mwt be used in
particulaT way as specified by the ￿ provider otheThvi8e it must be rettllued.
1.5 Resource8 expended
Expenditurc is re￿gnI￿￿ on an accruals b￿lS as a li&bility is incurred. ExpenditUTe
include3 any VAT which CAllnot be fully rewvered and is rcported ￿ part of the
expenditure to vknich it relate5.
1.6 Tangible fixed *sgets and depreciation
Depreciation is PTovided at r&tes C￿cUlated to wrile off th¢ cost less residual valu¢ of
each asset over its expected usefid life, as follows..
Propety improvements
IOQ/o Str￿g￿t linc
Office equipment & fillnityre
25Q/• reduGing balance
Fixtures, fittings & equipment
25% r¢ducin8 ba18nce
Stoek
Stock 18 valued at the Iow¢T of cost and net re81isable value.
Pagell

Portilhead Youth & Community Centre Llmited
Comp¥ny limited by guarantee
Notes to the unAudit¢d fin1ncl￿ ststsments
for the year ended 31# December 2024
ntiowd
Unrestri¢ted Re8trieted
fuDds
Incoming re8our¢es
Total
Grant income
Donations and Futkdwing
Food and refrthcnt income
Room hire
Pre School AeAivAtie8
Oth¢r income
Youth Club &otivitiay
Bank interest receivable
145,617
145,617
9,075
83,579
57,832
24,388
98,197
26,683
4,956
9.075
83.579
57.832
24.388
98.197
26,683
4,956
304,710
145,617
450,327
Unrestricted Restri¢t¢d
fund8
fuDdJ
Resour¢rA expend¢d
TolAI
Staff costs
Goo&3 puwhAsed for r¢S￿e
Other direct costs
Premises expenscs
Administrativc ¢xpen8es
Depreciation
245278
26.120
6,381
28233
16.010
1,776
115,382
1,292
15.005
5,896
3,480
360,660
27,412
21.386
34,129
19,490
1,776
323,798
141,055
464,853
2024
2023
Net outgoing resources
Thi3 is stated after chgr8in8:
Depr¢eiatiOD
1,776
3.760
Staff costs
WA8¢3 and ¥alArie8
Social security cos18
Pengion costs
Other expewes
332,868
16,083
7,915
3,793
266,512
11.754
5,621
360.659
289,931
No employee Teceived emoluments of more than £60,000.
The charity operntes the NEST pellsion scheme for its employees.
The ttverage number of employe¢8 during th¢ year was &8 follows:
Youth Workers
Food and refreshment Sales
Pre School
Administration 8nd sUp￿rt
22
19
Page 12

Portishead Yomth & Community Centre Limited
Company limit¢d by guarantee
Notes to the uDaMdAted financial st*tements
for the year ended 31st December 2024
TTUStee remuneration and related party traD3ic¢lons
No members of the management committee reccivgj any remuneration during the ye4T, nor were
Taxation
As a clwity, Portisbead Youth & Conunwlity Centr¢ Limited is exempt from tsx on incom¢ and
gains falling within se¢tioDs 466 to 493 Corp)rnlion Tax Act 2010 (CTA 2010) or section 256
Taxation of Chgrge&ble Gains Act I9￿ (TCGA 1992) to the extent that these arc applied io its
charitable objects. No tax char8vJ have arisen in the clwity.
Tanglble fixed Assets
Fixturets
flttlng &
equipment
Property
Improvements
Total
Coyt
At 31° D￿ni￿r 2023
Additi0Th8
17,114
2.154
45,212
1,149
63.326
3,303
At 31° December 2024
19.268
46,361
65,629
Depreelado
Ai 31" December 2023
Charge for the year
17,114
144
39,066
1,632
56,180
1,776
At 3111 Deoemb¢r 2024
17258
40,698
57,756
Net book vAIu¢
At 31. December 21r23
6.146
6,146
Net book value
At 31" Decenlber 2024
2.010
5,663
7,673
Creditors: amounts fallin8 due witbin one year
Trade creditors
A¢￿￿18 and defetred income:
Accountants, fees
Other creditors
Defetted Tcstsicted grnnt incom¢
2024
2023
3.109
2.475
2,400
26,831
40,045
2,340
30,462
42,350
72.385
77,627
Page 13

Porti8head Youth & Community C¢ntre Limited
Company limited by guarnntse
Notss to the unaudited financi￿ ststemeDts
for the year ended 3111 December 2024
Uurestri¢ted
FuTrds
10. Funds
R&4trl¢ted
Fund$
Totsl
Funds
At 1° Jarluary 2024
Surplus for the year
161.302
(19,088)
16.434
4,562
177,736
(14,526)
At 311¢ D¢c¢mber 2024
142,214
20,996
163.210
Restrieted fuuds
B*l•Dct
blfwd
Incozning
Resource8
Resour¢¢s
expended
BalAnce
fwd
Th¢ Portishead Nautical Tnjst
Porti$he&d Town Council
North Somerset Council- Wann
North Somerset Coun¢il- Ment￿lD8
We3POrt- CYP
North Somerset Council- UKSPF
Reaching CommuDities
Portishead TC- Breakfast Club
Portishead TC- Creche
P¢)rtishead TC- Seniorsrrr4inin8
Childrcn in Need
Neighbourly
Portishead Lions- Holiday A￿)vItie?
Quartct- Holiday Artivities
Quartet. Seniors
Martha's Kitchen
National Youth A8cncy- Trivc
Groundworkrresco
Rotary- Friday Night dmp in
Ironmonger8 Company
Warburtons- Multi Gen￿￿tional
11,666
36.983
820
7,547
1,249
7,366
42J79
5,940
4219
11.666
36.983
820
7.547
1,249
7,366
42,379
5,940
2,750
450
5,277
1.015
1.500
2.241
5,000
700
1,200
2970
2970
1,513
450
3,194
73S
7,500
510
5,417
230
2241
5,000
300
400
1200
500
1.000
6.338
500
436
5,763
564
575
16,434
145,617
141,055
20,996
Restricted Ojnds are to ￿ used only for the following spccific puryoseg:
Portishe&d Tovrn Council
Family Br¢akfast Club, Crech¢ and Training
Children in Need
Youth support & mentoring activities for young people
Portishead Lions
Holid&y Activities
Qugrtet
Holiday Activtti&8 and S¢ni¢)r8
Neighbourly
Food for Vulnerable Families and SpoTts EAuipment
M&rth&'s Kitch¢n
SEND Famili
Nalionai Youth AgenGy
Thiive project
'. Grourndworkrresco
DaDce
Rotary
Youtb Activities
Ironmongers Company
Friday Fun and Tra￿lti0]L%
Warburtons
youth/Pre.￿l0o1 and Seniors
Page 14

Porti8head Youth & Community Centre LiLnited
Company limited by gllarnnt¢e
Notes to the Unaudited finall¢i%l 8talements
for the year ended 3111 D¢¢ember 21)24
B#lAD
blf
11. Deslgnat¢d fwid8
xpeDdilllr¢
An Year
BAlan¢e
elf
Designation
Business contingerlcy
AlteLDative accommod￿lon
Minibus
120,000
10,000
120,000
10,000
3,000
133,0
133,000
Having secur¢d a n¢w long-temi le￿ with Portishead Town Council in 2022 and in light of
rising statT￿g and overall costs, it was agreed to move the 'Club r¢furbishments' reserves to the
'Busin¢ss Continge￿Y' line18St yeaT. These costs continue to be undeT huge pressure in the light
of the continued economic uncertainty caused by the war in Ukrnine. the en¢rgy crisis, iDcreasing
interest rates aThd infiation. As & result, tbc increased 'Busine5s ￿)ntI￿gencY. amount of £120.000
now ￿verS 4 months rather than 6 as previously. A SDtsII additional rescrye of £3000 for tILe
Minibus fimd has been added this year.
12.
Company limlted by guarantee
The company is limited by guarantee 8nd doe5 not have sbare capitsl.
Page IS