Porti8head Youth & Commuttlty Centre Llmlted Formally Portishead Youth Centre Llmlted Company limited by gu*r*ntee Report and un*udlted Ilnanclai Jtstements for the yur ended 31* De¢ember 202S Company No. 7588073 Ch*rlty No. 1143238 Brookltst CbArtered A¢to¥JDt*Nts 108 Hlgh Strttt Port15head Nortb Somenet BS20 6AJ Portishead Youth & Community Centre Limitsd Compally limited by guar8ntse Contents PAge Directors. and th￿tees. re￿rt Indq)endent Examiner's report io Ststemettt of fuwlcial 3ctivitie8 li BalanGc sheet 12-13 Notes to the unaudited financial stst¢m¢nts 14-J8 Portishead Youth & CommuDIty Centre Llmlted Company limited by gu*r*Dtee Annual report of the directors and trustees Th¢ d1￿CloT$ and tTUSte¢s prewit their rcport together with the wlludited fllwicial statements for the year ended 31° D￿ember 2025. The trustees have complied with the duty in Section 17(5) of the 2011 Charities Act to hav¢ due regard to guidance published by the Clwity Commissio The report is prepared iti accorda[￿¢ with the small companies regime (Section 419(2) of th¢ Companics Act 2006). AdmlnlstrAdve detalls The ¢ompany, Portishead Youth & Comrnwiity Ccntre Limite4 is a company limited by guarantee numb¢r 07588073 and is a registered charity. number 1143238. The Mrnpany was incorporated on l April 2011 and commenced activities on I. January 2012. The registered office and operational addr￿$ 15: l Harbour Road Portishead . North Somerset BS20 7DD Directorsl¢rus¢e R.T Amruthur G.Bishop E.J Blackn]ore R.M Cruse J.W Pow¢r L.J D8vey N.J Holland (r¢si8ned May 2025) J. Lord (resigned May 2025) S.A Mason Z. Priddle (resi￿ed September 2025) R. Stickler S.T Swift K.D Moody K.S Wiland V.L Shaw (from May 2025) S. Thorne (from M8y 2025) Reportlng Accountants Brookins Rus¢ Chartered Accountants 108 High Street Portishead North Somersct BS20 6AJ Page I Portisbead Youth & Community Centre tjlmlted Company limited by guarantee Annual report of the dlrecton and trustee5 ... [11. Introduction It is my pleasure to pre￿t this reprt on behalfof the Board of Trustees for the year ended 31 Decenilw 2tr25. l This ha8 been a year of ix)th siwficant activity and reflection for PYCC. As we move into 2￿26 and mark our anniversary rniIestone, we have had the oppjrtunity not only to celebrate the impact of our work within the community, but also to consider how we slrensthen and susthin that impart for the future. I would like to take this opportunity to express my sincere thanks to our dediated stsfE lea￿ volunteers, Eellow trustee5, and supporters for their continued commitment, hard work and contribution over the past year. Their collective support and enthusiasm renuin central to the continued success and development 0£ PYCC. [21. Ob'ective8 and Activities PYCC exists to.. provide a community centre Eor youns people: and b) further or ￿nefIt the residents of Portishead and the neighbourhood, without dxsttnction ol sex, sexual Orientatio￿ race or OE political. relisiou5 or other opinions by associatin8 together the said residents and the local authorities, volunlary and other or8ani8ations in a common effort to advance education and to provide facilities in the inter￿ts of 5(Kial welfare for retteation and leisure time (Kcupation with the obie¢tive of improvift8 the Conditions 0£ life for the residenls. Durins the year, we have continued to deliver a of activiti￿ and 8erviceg alisned to these oty'ectives. indudin&. Youth dub 8ts8ion8 and 8pe¢iali8ed youth projects and 0¢￿dited cour8es SEND youth activities l..1 mentoring b) d) Parent and baby sessio￿% Over 55.$ ￿tIVitieS and lunth STQUPS The Tntstees are satisfied that these activities are consA6tent with PYCCS tharitable aims and Pro￿de clear public bendiL Page 2 Portishead Youth & Communlty Centre Llmlt¢d Company limited by guar¥nte¢ All￿ll￿ report of the dlrectors *nd trustees ... [31. Achievements and Perfomthnce Over the course ol the year. PYCC has continued to deliver n￿ningfUl support and opportunities to young people and the wider community with excellent ensasement levels across all area5 of service delivery. Key hishlights indude: a) Continued delivery of core youth provisioN including weekly open access youth 8e85ions' a Junior Youth aub for children aged 8 to Year 6: twice•monthIy sessio￿8 for youns people with additional and complex needs. monthly indewdence-buildin8 trips; I:1 mentorin& a Youth 14anning Conimittee: School holiday pro8rammes' and the Youth aub Garden Proiect. Attendance lor youth 8ession8 has reD￿Ined stron& Ancreasins from 59J5 in 2024 to 6117 by the end of 2025. b) sUP￿rtIng youns people to volunteer durin8 youth dub ses51ons. weekend parties, and events, ￿KoUra81n8 active partsapation and community involvemenL c) Supporting young people to complete ASDAN ¢ourge8, contributin8 to improved educational engagement and future opportunitie& d) s18nrfle￿t development of PYCC8 Alternative LÈarnin8 Provision led by ALP Supervisor. Jule8 Ashtorn in response to increasms leveb of demand. The provlsion has continued to expand throughout the year. providins additional support and learning opportunities for young people requirins alternative aPProad￿ to education and ensasement, e) Continued delivery of a wide range of family and early years activities. including Stay and Play Ca£é, Parent and Baby Support Sessio￿, Family Breakfast aub, Role Play Villase, prevnatal cours0%, and seasonal events. These programmes support thildren's 80cial and emotional development and 5chLK)I readine&s, while also building parental confidence and peer support networks. fj Development of PYCCS 60th anniversary fundraising campaign Oaunched in January 2026), with a tarset 0£ a5,OIX) by June 2026 to support the Sustainability of services, ag Yell as ongoing work to enhance the vxsibility and reath of PYCC through community engagement and th'sital platfornls. Pag¢ 3 Portishe*d Youth & Community Centre Limited Comp*ny Ilmlted by guarantee ADnu*l report of the directors and trustees tn 2025. Donna, PYCCS Engagement and Outreach Worker completed her level 3 Youth Work qualification after studying for the course alongside her full-time role. The trustees wish to ￿ognIse this Sl￿ficant personal and profe&8ional achievement. demonstrating Donna's commitment to both her own development and the young Feople and families supported by PYCC DurAn8 the year, PYCC was also able to strengthen its staffins team to full eapaeity with new staff joining and existing staff takins on new responsibilities to support the delivery OE its extensive programme of aetivities across all age groups. 10. Staff have also continued to work closely with a range of externaI agencies to ensure that individuals requirins additionaI support are able to aeee5s highquality Spea&￿St services. Frycc ha5 also strengthened collaboration with a wider ranse of activity providers and or8anisations across the town and North SomerseL helpiThs in)prove awareness of available services and further develop a stron8 network of wrap-around support for the community. [41.. Structure Governance and Mana 11. PYCC is a duritable company limited by suarantee and is soverned by its Artide8 of Association. The Board ofTrustees is responsible for the overall 8overnance and strategnc direction of the organisatiorL Trustees meet regularly to oversee perfornw financial mana8emen¢ staffin8 and compliance. 12. Trustee8 are appointed by Board on the understanding that they will further the purpoge8 and aim8 of the charity detailed above. The Board thall be constituted as follows: (a} I repregentative of North &Jmerset Council (bl 2 representatives OE Portishead Town Council Icl I representative of the Gordano ￿001 staff Id) I representative of Avon & Somerset C(mstabuIary (e) Up to loc(￿pted from the lcd community 13. PYCC operateg with the support of.. (a) a staff team led by the Centre Manager, Kirn Jone5.' and Ib} tnth sulxommittees. indudins Stsffins Committee, Finance Committe4 He￿th and Safety Committee and Plannins and Outco0￿ Committee. 14. Durin8 the year. Tn￿teeS have continued to review 8ovemance aIransem￿ts to ensure clarity of roles and respoTh8ibilities, particularly in relation to operational manasement and strate&ry¢ oversight. During the reporting period PYCC developed its Senior t£adership Structure to strengthen operational opaaty and manasement oversi8hL helpins to support the continued 8Towth and sustainability of PYCC Page 4 Portisbe*d Youth & Communlty Centre Limlted Company limited by guar￿lee Annual report of the directors and trustees 15. PYCC also established a new Health and W subrters for their continued 8enerosity and encourasement throughout the year. This supprt continues to play a VAtal role in enabling PYCC to deliver opportunities and services for all those whom it serve5 in the community. The Tntstees also recosnise the onsoing contribution of volunteers and community partners whose time. expertise, and cotnmitsnent rernain invaluable to the orsanisation. 22. The Trustees would particularly like to thank the followins orsanisations. individua]s and supporters £or thetr gener￿lty and continued support throushout the year.. (a) (b) (c) (d) (e) (fj ts) (h) (i) ti) (k) o) (m) (n) (o) (p) (q) (r) (s) It) Portishead Town Coundl Portishead Community Market National Lottery Chlldrth in Need Portishead Nautical Trust Porti5head lions aub Portishead Rotary aub The Ironmongers Company Warburtons Portishead in Bloom Astron Fire and Security Charities Tn￿t Imepero Lounse Sue Stone Susan Mason L Walker T. Knightley Miranda Bentley (ul S. Harrison (v) (w) (x) Jenny Bishop Ceeilia Eggleton Dawn Hann P*g¢ 6 Portishead Youth & Communlty Centre Limlted Cornpany Ilmlted by guarant¢t Annual report of the directors aDd trustee4 ... (y) Julie Foxall (z) Phil Sanders (aa) s￿art Swift (bb) Helen Uoyd (cc) ETntt)a Carver Flans for the Future 23. Lwkin8 ahea(L the Trustees have Identified the followins priorities". (a) Successful delivery of the 60th armiversary fundraisins eampaign• alonsside continued srowth in community engagement and visibility though disital communications and gxiaI media platlorn Exploration 0£ external public fundin8 tlvoush the National Youth Prow, to strengthen and sustam future service provision Exploration OE how we can develop and use PYCC$ outdoor spaee to expand activities. and maximise the use of available facilities Continued provision and development of hlsh-qua]ity services across all a8e 8roups Strensthenins par¢nerships with I￿al orsanisations and businesses On8oin8 review of 80veMan￿ and orsanisational capacity. Ib) {c) Id) (e) ifj urerfs Re 24. The year besan with a planned defidt budset of t55,CW. However, through staffin8 chanses. flexible day-tTrday mana8emenL and careEul Control of spendin& the year ended with a surplus OE £25201. This reflects both practical adjustments durin8 the year and on8oin8 financll￿ oversi8ht by the KI￿ Karen and the re8t of the teauL IS. Total ir￿rne for the year was fA86,Y16, which was £3¥CW hisher than bud8eL with thi8 increase spread across a number OE income streams- srant income, donations/fundrai8in8 and Youth Ctub activities h3vxn8 the lar8est increases. Total expenditure was fA61￿75. the niain areas of expenditure being staffiTh& deIiveryi premises. and administration costs. 26. The key zeason8 for the yearwend surylus: Staffins changes.. A review of $t*ffin8 durin8 year led lo a more efficient use of resources. Staff flexibility: Staff worked flexibty to mainlain services during pwyods of change. Budget control: Spending was d(Ksdy O￿lI10[ed, with savtngs made while Page 7 Portishead Youth & Community Centre !Jmited Company limited by gu*rxttt¢e Annual report of the dlrecton And trnsttts Grant funding success: The surplus was also supported by risorous 8rant work and a strons fr￿uS on identifyins and securing ￿ndIng opPor￿nitieS throughout the year. Tl. Resttves now stand at £188S11 lll63A￿ unrestricted and £24,7(b restricted), strensthenin8 the eentre's financial position and resilience. While thi5 is a Fositive outcome. it follows a year of thanse and sits within a WAder context of economic and international uncertainty, which niay continue to affect iKsth income and costs. The improved position provides a more stable startins point for the year ahead. Focus will remain on careful budsetins and strensthenins lundraisins aclivity to 8UPPOrt the centre's onsoins work. 28. The Portishead Youth and Comtnunity Centre Ltd is a Company Limited by Guarantee and a Rwstered Charity. All funds Sen￿ated ensure that the buildins and activities meet the needs of young people And the wider ommunity of Portishead. The Portishead Youth Centre Reserves Policy is to nwintain a suffiaent level of reserves to enable norn￿ operating activities to continue over a period of up to 4 months should a shortfall in income ￿cur and to take account ol potential Tisks and contingencies that may arise from 29. Reserves allocated at the end 012025 are as follows.. Cover for salaries and running costs for up to 4 months to allow continulty of provision while restructUM8 in the event of a cats8trophic Ioss of income: up to £120,(KIJ Cover for the non-insurable cc*ts of u5ins aIternative accommodation Should the Centre buildin8 be out of action: £IO,ilXI Raymond Ne•ve's beques¢ where a decision has yet to te made as to where to invest those monies. although 50ll￿ specifically youth.related.. £24772.50 A Eund set aside to cover the future LYSSt of a named project. a minibus.. The portion OE grants already re￿iVed which are spent evenly until the next instalment is received or a new application 18 made.. a provisional fi8ure of 4,706 PAge 8 Portisbead Youth & Communlty Centre Llmlted CompaDy llmlted by gu*r*ntee Annual report of the dtrectors and trustees . [101. Conduslons 30. As PYCC moves into 2026. Trustees do ￿ with STeat excitement and optsmism PYCC begins its 60th anniversary year and fundraising campai8n in earnest. Whilst only limited raerence has been to the campaign withm this report, at the time 0£ writin& the campaisn has alTeady senerdted siwficant enthusias￿ new connections. srowing support from across the local community. and valuable financial contributions whith will help support future growth of PYCC. 31. Trustees are further encouraged by the and engasement this milestone year has created amongst staff, volunteers and 5UPPOrters and l(K)k forward to the opporttmities this will bTin8 in strensthenin8 relationship5, developin8 setvices. and securins additional fundin8 for the future. 32. The Trustees remain committed to ensurin8 the l¢)ng4erm Sustainability o PYCC so that it can continue to provide opportunities, 8UPPOrt and positive experiences withln our community for seneratiom to LK•m Si￿ed on behalf of the Board of TTUStees Name.. Rebecca Stickler PositiotL Chair of Trustees Date.. 5 2￿• Page 9 Independent Exgminer*8 Report to the Truste￿ of Portishead Youth & Community Centre Limited Company ]imited by gugr*llte¢ I report to the charity tn￿tee$ on my examination of the accounts of the company for the year ended 31. Dec¢m￿r 2025, which are set out on pages 1 I to 18. ReJpoDsibilitles and basis of report As the charity's trustees of the ¢ompany (and also its directors for the puwes of company law) you are responsible for the pteparntion of the accounts in accordan¢e wlth the reqU1￿ments of the CompAnics A¢t 2(￿6 ('the 2006 A¢t'). Having satisfied myself that the a￿￿nts of the company are not rcquired to be audited under Part 16 of the 2006 A¢t and are eligible for independent examinatio￿ I rep)rt in respxct of my examination of your Clwity's a￿ullts as carried out under section 145 of the Charities Ad 2011 (the '2011 Act,). Jn carryin8 Out my examination I ha followed the DircGtioDS given by the Charity CoEThmission under section 145{5)(b) of the 2011 ACL Independent exAminer'y report I have ￿rnpleted my examination. I wnfirn] that no mattm have ￿me to my attention .in connection with th¢ examination giv¢ me cau5¢ to believe: . l) accounting records were not kept in rw of the company as required by se¢tion 386 of the 2006 Act. or 2) the accounts do not accord with those &C￿U￿ting re￿rds. or 3) the accoutjts do not comply with the acwuntin8 requirements of section 396 of the 2006 act other than any requirement that the accounts give a 'true and fair, view which is not a matt¢r considered as part of an Inde[￿dent examination. or 4) the accounts have not been prepared in a¢¢ord8nc¢ with the methods and principles of the Ststement of R¢commend¢d practicc for accountin8 And reportin8 by charities [Applicable to ¢h8tities prep8TiDg their a¢tounts in accord8nce with the Financial Reporting Stsnd8Td applicable to the UK 8nd Republic of ]reland (FRS 102)]. I have no concerns and have rA)me across no other matt¢rs in conncrtion with the ¢xamination to which f4tt¢ntion should be drnwn in this report in order to enable a PToper Understandi￿ of the accounts to be reached. Signed.. Rob¢rt D Orr Brooking Ruse Chart¢red Accountants 108 Htgh Street Porti5head B]USTOL BS20 6AJ Portish¢ad Youth & Community Centre Limited Company Ilmited by guarantee Sl*tement of fin•n¢ial A¢tlYldes (wcludlng ID¢ome ind expenditure *¢¢ount) for the year ended 3141 Deeember 2025 Unrestrlcted Restricted Fund5 Funds Notes Total Incomlng resources 321.426 165.550 486.976 Re$ources expended 299.835 161,840 461.675 Net kncomlng resourcei 21.591 3,710 25,301 Re¢ondUatloD of funds Funds brought forward 142,214 20,996 163,210 Funds c•rrl¢d forward io 163,805 24,706 188,511 The stateM￿t of financial activili¢s includes all reco8Dised gains and IoBses for the year. All incoming resources expended derive from continuin8 activities. - Tbe note5 on p*g¢s 14 to 18 form an IntsEr￿ part of these statements. P*ge 11 Porttshead Youth & Communlty CeDlre Llmitsd Company limited by guarantee Balante Sbeet as at 311t December 2025 Notes 2025 2024 Flxed Assets Tangible 8ssets 6.042 7.673 Current assets Siocks Debtors and prepayments Cash ai bank and in hand 1.527 7.941 246.694 .413 12,153 214.356 256,162 73.693 227,922 72.385 Credlton.. amounts falling due withiti one year Net current assets 182.469 155.537 Total assets less eurrellt Ilabllldej 188.511 163,210 Net ajsets 188,511 163,210 Funds Restricted funds Unrestricted fund6 - D¢si8naled - Gen￿1 io 24,706 133,000 30,805 20,996 133,000 9,214 188,511 163,210 The directors, ststements required by Section$ 475(2) and (3) are shown on the following page which forn￿ part of this balance shcct. The noles on p•ges 14 to 18 forni ID Enlegr41 p•rt of these lIn￿￿41 s¢atements. Page 12 POrtish￿d Youth & Community C¢ntre Limited CompaDy limited by guarantee Balall¢e sheet (conlillued) Directon, ststements required by Settlons 475(2) and (3) for tbe year ended 3111 December 2025 In approving thc5c flljattcial statements as directors of th¢ ¢ompany we hereby confTh: (a) that for the year ststcd abovc the company was entiiled to the exemption COnfe￿¢d by Section 477 of the Companies Act 2(K>6: (b) that no notice has becn dcposited al the r¢8iStered office of the company pursuant to Section 476 requesting that an audit b¢ cOnd￿*d for th¢ year ended 31° December 2025 and (c) that we acknowledge our responsibilities for. (i) ensuring that the company keeps accountin8 r¢Gords which cornply with Section {ii) preparing financial ststements which give a true and fair view of the thte of affairs of the company as at the end of the financial year and of its profil or loss for the year then ended in accordan¢¢ with th¢ r¢quir¢ments of Section 393 #nd which otheTwise comply with the provisions of the Companies Act 2006 relating to financial Stslements. so far as applicable to the company. These th¢￿UnIS have been prepaTed in ac¢ordAtte with the Sp￿1&1 provisions of the CompAni¢s A¢t 2006 applicable to ¢ompawes subject to the small Companies regllne and in accordance with FRS102 SORP. The financial slatements were approved by the Lwrd on by 2026 8nd signed on its behalf £cJ/Kllg/ Rck¢¢a Stickler Dlre¢tsrrrru$¢ee Reglstratlon number: 07588073 The Doles ott pages 14 to 18 form IntegrAI pArt of tbtge flllandal sta¢ements. Page 13 Porttshe4d Youth & Cojnmunity Centre Limlted Company limited by guarantee Notej to the un*udlted finan¢ial stslements for the yur ended 311t December 2025 A¢¢ounting pollcl Basts of accounting The financial slat¢ments have been prepared in accordan¢e with Accounting and Reportin8 by Charities.. Statement of Recommended Practice applithl¢ to cbarities in prepaTing their account in accoTdan¢e with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) {eff￿tive l January 2015) - (Charities SOR (FRS 102)). the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) al￿ the Companiu Act 2LI)6. Fund •ecoundng Unrestricted fimd5 ar¢ available ftir use at th¢ discretion of thc IT￿tee8 in fijrtherancc of the geDerdl objectives of the ehaTiry. Designated fvnds are unrestricted funds earmarked by thc Monagem¢nt Committee for particular purposes. Restricted funds arc subj¢cted to restrictiODS on their ex￿dIt￿re imposed by the donor or through thc tcTrTrs of 8n appeal. Ineomlng resources All incoming resources are includd in the statement of financial activities Wh￿ the harity is cnlitlcd to. and virtually certain to rec¢iv¢. th¢ income and the amount can be quanlified with reasonable accuracy. Deferred In¢omt Grani Income r¢¢¢ived in the year is Sho￿ as a liability in the balance $heeL This is d¢p¢nd¢nt where there is a conth'ts'on attached to th¢ grant that it must be used in a partiGul8r way as specified by thc 8rani providcr otherwise it must be returned. 1.5 Resourcu expended Expenditure is rewgni5¢d on an accnJa]s b8sis a5 a liability is incurred. Expenditure includes any VAT which cannot be fully Tecovered and 18 reported as part of the ¢xpenditure to which it relates. 1.6 Tanglble flxed ￿gets And depreclatlon Depreciation is provided At rates calculatd to write off the cost l¢ss residual value of each asset over its expected useful life, as follows: Propthy itnprovements I￿/0 Strnight line oirice equipment & turniturc 25•/0 r￿U¢Ing balance Fixtures. fittings & equipment 2511/0 reducing balance 1.7 Stoek Stock is valued at the lower of Cost and net realisable value. Page 14 Porttshead Youth & Communlty Cenlre Lln)It¢d CornpaDy limited by gU￿*ll¢ee ' Noles to the yn*lldlted flDaDtlal statements for the year ended 31 Dc(¢mb¢r 2025 Unrestrlcted Restricted funds funds Incoming resour¢ Total Grant income Donations and Fundraising Food and refresbll￿t income Room hire Pre School Activities Other i￿orne Youth Club a¢tiviti¢5 Bank inlcresl receivable 165.550 165,550 13.295 82,574 65.125 24,412 99.654 30.761 5.605 13.295 82.574 65.125 24.412 99.654 30,761 5.605 321,426 165.550 486.976 Unrestricted Restri¢¢¢d fundi fundi Resoureej expended Tot*1 Stsff costs G¢)ods purchased for resale . Other direct cosls Premises expenses Admitustrative ¢xpenses D¢p￿1&￿0n 207.748 24,661 18.428 28.433 18,934 1.631 147,890 2.704 7,383 1,500 2.363 355,638 27.365 25,811 29.933 21,297 1.631 299.835 161,840 461,675 Net outgolng resources This is slated after charging: Depreciation 2025 2024 1,631 1,776 Staff ¢oJts Wages and salaries Social sccuriry costs Pension Costs Other expenses 328.460 17.415 7,009 2,754 332.868 16.083 7,915 3.793 355,638 360,659 No ¢mploy¢¢ received ernolum¢nts of more thall £60,IXKI. The Charity operdtes the NEST pension scheme for its employees. The av¢ra8e number of ¢mploye¢s during the year was as follows: Youth & Alternative Learning Provision Caterin8 & Events Pre-school & seniors Admin & bUild￿g 5UPF No. li No. 25 21 P*ge 15 Portlsbead Youth & c0mmw￿ty Celltre ￿lmIted Compally limited by guarantee Notes to the unaudlted financial statements ror the year ended jllt December 2025 Trustee remuneration and relA¢ed party ¢raDs*¢tions No members of the management Committee received any remuneration during th¢ y¢8r. nor were any ¢xp¢ns¢s reimbursed lo tn￿le¢s. Taxation As a Charity. Portishead Youth & Community C¢ntre Llmited is exempt from tsx on income and gains falling within sections 466 ¢0 493 Corporation TAX Act 2010 (CTA 2010) or sectiotl 256 Taxation of Cbar8eable Gains Act 1992 {TCGA 1992) to the ¢xt¢nt that these are applied to its clwitsble objects. No tax charges bav¢ orisen in the charity. Tanglble fixed *Mets Flxturel flttlng & equlpment Property Improvements Total Cost At 31. December 2024 Additions 19,268 46.361 65,629 At 31° Deeember 2025 19.268 46,361 65.629 Depre¢latlon At 31" December 2024 Charge for the year 17258 215 40,698 1,416 57,956 1,631 Ai 31° Dec¢mb¢r 2025 17.473 42.114 59,587 Net book value At 31" Ikcember 2024 2.010 5,663 7,673 Net book value Ai 31. December 2025 1,795 4,247 6,042 Crediton: amounts falliD8 due within one year Trade creditors AccNals and def￿r¢d income: Accountants, fees Other creditors Deferred restricted grant income 2025 2024 2.947 3,109 4.800 50,806 15,140 2,400 26,831 40,045 73.693 72.385 P*ge 16 Pordshead Youth & CommuDIty Centre timited Company limited by guar*n¢ee Notes to the unaudited financial statements for the year ended 31st December 2025 .¢ODtinutrJ lil. Fundi UDrestrlcted Funds Restrlcted Funds Total Fynds At 1° January 2025 Surplus for the year 142214 21.591 20,996 3.710 163,210 25.301 A¢ 314 December 2025 163.805 24,706 188,511 Restrlcted funds Balanc¢ blhvd IncomlDg Resources Rewurces expended Balance clfwd The Portishead Nautical Tnst Portishead Town Council North Somersel Council- Wann North Somuset Council- Mentoring North Somersct Council- UKSPF North Som¢rset Council - HAF Reaching Communities Portishead TC- Breakfast Club ' Porti5h¢ad TC- Crechc Children in Need Neighbourly- Various Quartet- Breakfast Club Martha's Kitchen GToundworkfTesco Rotary- Friday Night drop in Ironmongers Company WaTburton5- Multi Generdtionaj Wailrose- Senlors and Youth Portishead- WASP SkateboardiDg National Grid- Wann Packs 18.333 37,461 355 3.053 18,333 37,461 355 3,053 1.906 5,000 41,591 2.970 1,513 25,000 5,762 41,591 1970 S.417 230 23,750 8,903 3,992 .563 4,167 3,371 3,992 .563 s(K) 436 5,763 4.167 436 3,447 10,000 2,500 450 2J16 4,167 io,(Kx) 2.500 2.342 1,892 20,996 165,550 Restricted funds 8r¢ to b¢ used only for the following specific purposes: 161.840 24,706 Portishead TO￿ Council Children in Need Family Breakf￿t Club, c[￿h¢ and Training Youth support & mentoring activities for young people Breakf&st Club Food for Vuln¢rable Families, Utility bill, breakfast Club Youth Cooking. l-l Menloring Pre-school Christmas SEND Families Dance Youth Adivities Friday Fun and Transitions YouthlPte-sch¢x)l and Seniors Skateboarding Seniors Youth Setiiors alld Youth Neighbourly Neighbourly Martha's Kilchen GroundwOr￿¢Sco Rotary Ironmongus Company Warburtons Port15head WASP National Grid Wattrose Page 17 Portishead Youth & Commulllty Centre Llmit¢d Company limited by guarantee Notes to the un%udited fin*ndAI stalern¢nts for the year ended 315t December 2025 Balance blf 11. Deslgnated funds Expendlture in Y￿r Balao¢e Deslgnatio Business contingency Alternative a¢collunodation Minibus 120.¢X)O 10,000 120,000 10,000 3.000 133,( I33,(￿0 12. Company Ilmlt¢d by guar•Dtee The company is limited by 8uatantr¢ and does I￿t have share ¢apAtai. P*ge 18