COMPAhlY REGISTRATION NUMBER 08233813
PORTCHESTER COMMUNITY CENTRE LIMITED
{A company limited by guarantee)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31st DECEMBER 20Z4
PORTCHESTER
COMMUNITY CENTRE
Charity Number 1150814
I Iiiwiiiii
'AEC6VXIJR*
3010912025
COMPANIES HOUSE
A29
#49

PORTCHESTER COMMUNITY CENTRE LIMITED
FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
CONTENTS
PAGES
Trustees Annual Report
Ito6
Independent Examlner's Report
Statement of Financial Activities
{incorporating the income and expenditure account)
Balance sheet
Notes to the financial statements
IOto16
l J .J
PORTCHESTER
COMMUNITY CENTRE
Portchester Communlty Centre
Westlands Grove
Portchester
Fareham
P016 9AD
Tel..
Email:
02392 321787
info@portchestercommunitycentre.co.uk
Website:
www.portchestercommunitycentre.co.uk

PORTCHESTER COMMUNITY CENTRE LIMITED
TRUSTEES ANNUAL REPORT
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
OBJEcfivES OF THE CHARITY
Portchester Community Centre Limited is a charity created on the 28th September 2012 to manage and operate
the community centre in Portchester, for the benefit of all the residents of Portchester and the surrounding area.
Our aim is to provide an environment and the support services whereby people from the community are
motivated and enabled, to develop and operate their own clubs, activities. services for the benefit of the whole
community.
The emphasis is to not just provide services to the community, but toencouragÈthe communityto work together
to provide the services they want. for each other, whilst ensuring a diverse and cohesive Service provision. We
undertake regular networking with other providers in the area to establish comprehensive provision enabling us
to signpost where appropriate, and streamlining provision to ensure the needs of the community are met.
Where somebody wants to establish and run thelr own club or activity, and they meet the criteria of our Code
ofconduct, we work with them by provldln8 them wlth the support they need to develop their idea and establish
the activity.
Where there are gaps in community provision or In the demographics of the users of the Community Centre, the
community outreach worker seeks to Identify these needs, enabling us to provlde the servlce ourselves, until
someone from within the community wishes to continue the service themselves. Where groups become
established and able to support themselves, we encourage interested parties to take over the activity and
continue to run it. This encoura8es involvement and ideas ownership from the community to the communlty.
Regular focus groups take place and market research within the community Inot just those users at the Centrel.
io ensure we are identifying and providing the service5 that the community wants and maximisin8 the use of the
Community Centre within the community.
In order to ensure that we are meeting our goals for the Community Centre we monitor the numbers and range
of users using the services, to ensure that we are reaching Out to as much of the community and to as wider
spectrum of users a5 possible.
VISION
Our vision is a Community Cèntre where a wide range of activities are run for the whole community, so that all
Users, of all ages can socialise with other members of the community in activities of entertainment and art, and
improving their health, fitness, and general wellbein8.
It is about bringing the community tO8ether. to develop programs of activities and services that benefit the whole
community. with the Community Centre properly at the heart of the Portche5ter community.

PORTCHESTER COMMUNITY CENTRE LIMITED
TRUSTEES ANNUAL REPORT l¢ontlnuedl
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
REFERENCE AND ADMINISTRATIVE DETAILS
The Trustees, who are also directors for the purposes of company law, present their report and the financial
statements of the charity for the period ended 31st December 2024.
Registered charlty name
Portchester Community Centre Limited
Charity re8lStratlon number
1150814
Company re8lstratlon number
08233813
Charlty address
Portchester Community Centre
Westlands Grove
Portchester
Fareham
Hampshire
P016 9AD
Re8lStered offlce
3 Acorn Buslness Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
P06 3TH
Trustees
James Blake
Richard Carlyle
Karen Fryatt
John Knight
Cllr. Paul Nother
Susan Walker
Cllr. Nicholas Walker
Cllr. Paul Whittle
Cllr. Lisa Whittle
(Chair of the Trustee51
appointed 14 May 2024
appointed 3 September 2024
resigned 14 May 2024
appointed 3 September 2024
appointed 3 June 2025

PORTCHESTER COMMUNITY CENTRE UMITED
TRUSTEES ANNUAL REPORT (contlnyed)
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
ACHIEVEMENTS AND PERFORMANCE IN 2024:
Building on the Successes shared in 2023, we have contlnued in 2024 to expand the resources offered to our
community by looking to provide our services for all ages whether it is for the very young and their new mums
with variou5 groups for new babies and progressing into play learning to support their start their educational
journeys through the onsite nursery.
We continue the journey through all age groups offering dance and various forms of exÈrcise groups to children,
young adults, and other clients of all age groups.
We have supported the medical profession by hostin8 monthly blood donation events, offerlng our facilltles to
NHS training events and supporting our GP services with venues for seasonal inoculation campaigns. We also
provide facilities for the 'Strong and Steady, group to help people recovering from more serious illnesses and a
new regular hire providin8 monthly Drug link sessions.
We have a total of 5iXty-one 161) regular hirers and nine 191 centre run 8roups. New durin8 2024 Is the
establishment of a Dementia Hub which has grown from one111 session a week to three131 daily hirings offering
friendly 8roups to both newly diagnosed and existing dementia palient5, Wlth help and advice whi15t providin8
ongoing support and advice to both them and those that care for them.
A complimentary activity to the Dementia Hub is Corals Kitchen, which provides weekly support to those less
able by teachin8 them cookin8 skills Iwhllst their carers relax) and subsequently allowing them to serve a meal
to thelr carers1 support workers.
These groups and activitie5 continue to expand on the themes to promote wellbein8, i.e. yo8a, Pilates,
meditation. which have brought opportunities for social and healthy activitles amongst the communlty. The
introduction of the dementia hub expand5 this coverage and allows us to add focus on all abilities includlng those
listed and neurodiversity.
With an interesting variety of new hirin8s Includin8 bookln8s for Active8minds. Country Dancing. Beekeepers
Association in addition to those Stated previously stated. We also provide a weekly hirin8 to a culturally healthy
African church community, and it has become a trend to offer facilities for South Asian and Arabic cultures and
their Mehndi parties these centres around pre-wedding ceremonie5 - a festive event to symbolise good fortune
and joy for the bride, the groom and thelr respective family and friends.
Events:
We continued with our own events in the form of the annual beer festival which 2024 agaln was well attended,
and the profits went towards funding for much needed kitchen equipment.
We repeated many of the regular events that our community so enjoy and expanded on children's parties at
Easter, Halloween, and Christmas
Additional hirers regularly include for many through life celebrations Including baby showers, parties for bifthdav
of all ages, engagements. weddings and anniversaries and funeral wakes.
Plans:
The forecast for 202S looks bri8hter as bookings are robust and hirers are now more confldent and seem to be
financially stable. We are looking to continue with the wellbeing and social support and encouragement of new
hirers who may assist in us reaching the wider demographic.
We are developlng plans to introduce a Café within the Courtyard of our Community Centre- this will be run bv
volunteer5 of all ages and abilities and may be supported by some of the budding cooks from Corals Kitchen
We are also working towards the establishment of a Repair Café where we plan to Use the skills of locals and
hold a weekly workshop to allow members of the community to bring in items for repair and reuse.

PORTCHESTER COMMUNITY CENTRE LIMITED
TRUSTEES ANNUAL REPORT Icontinuedj
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
ACHIEVEMENTS AND PERFORMANCE IN 2024 Icontlnuedj
Management:
As previously shared in 2023 the recovery from the effects of COVID, it5 closures and regaining the confidence
of hlrers along wlth added competition for hall hire has had a significant impact on our finances. In addition,
2024 saw a substantial increase in the utility charges and whilst we manage the Community Centre through an
agreement with the local school this is not sustainable. For the future we will see an end to this agreement in
2025 and we will become a self-managing Community Centre.
This change will provide the opportunity to save money and improve our finances thus allowing us to reinvest in
vital maintenance at the centre. All financial aspects will be reviewed and whilst we plan to ensure that the
centre is always manned when the buildin8 is in use, we must consider staffin8 Costs and the most effective way
of managing these for the future.
Volunteers and partnerships:
We continue to grow valued volunteers and look to build sponsorship for events from local businesse5.
Our volunteers asslst with centre cover. administration, IT support, and flrsthand help with our events.
We continue to look to expand these volunteerin8 groups and the provision of actlvities at the centre.
Marketlng and publlclty:
The centre has a solid reputation within the community and word of mouth advertising, local businesses,
community notice boards and our website are also used to promote our facilities and events,
However, trustees are keen to promote our facilltles further and look to attract skilled volunteers to help improve
our knowledge and use of specialist tools e.g. the use of social media.
FINANCIAL REVIEW
The Statement of Flnancial Activities, set out on page 8. shows the income and expenditure of the charity for the
year ended 31st December 2024, with comparative showing the year ended 31st December 2023.
The last few years have been difficult financial years for the charity. as Ilke many charitable organisations In the
UK during this period, the charity has been affected by the cost-of-living crisis, with hlgh cost inflation impacting
the charity's own costs as well as impactin8 the revenue from users of the Community Centre due to reduced
footfall. During 2024 and Subsequently, the trustees and the management of the charity have implemented
several strategies to reduce costs and increase revenues to protect the continuance of the charlty going forward.
Despite the economic environment the charity recorded an intrease in its unrestrlcted revenue generation for
the year ended 3 1 December 2024 of £169,83312023 - £160,720) and was able to keep cost5 to a similar level as
the prior year at £164,11412023 - £169.0401.
Overall. the charity recorded a rnodest surplus on unrestricted funds for the year of £5,71912023 deficit of
£8,320}.
Bank balances remain low on 31st Oecember 2024 due to the charity needing to use its cash reserves to fund its
operations during the Covid-19 affected period5 and not recovering subsequently due to the cost-of-living crisis
period. The charity's bank balances continue to be carefully managed to ensure the charity has sufficlent
resources to meet its obligations as they fall due and to continue the successful operation of the charity on a
sustainable basis, for the foreseeable future.

PORTCHESTER COMMUNITY CENTRE LIMITED
TRUSTEES ANNUAL REPORT Icontlnuedj
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
STRucfuRE, GOVERNANCE AND MANAGEMENT
Or8anisation
The charlty Is an incorporated company limited by guarantee, re8lStered with the Charity Commission and the
Registrar of Companies in England and Wales. The charity W35 established to operate the newly constructed
community tentre in Portchester for the benefit of the local inhabitants of Portchester. which was opened and
started activities on 7th January 2013.
The charity was under the control of Its Board of Trustees throughout the period and is 8overned by its
Memorandum and Articles of Association. The Board of Trustees is made up of an equal number of
representatives appointed by Fareham Borough Council and Portchester Community School, plus further
Trustees appointed from the community and local businesses. to provide a balanced Board of Trustees. The
Board of Trustees meet regularly to assess the performance of the charity and to make strategic decisions on the
charity's ongoing activities. Such decisions are made by the Trustees of the charity on a majority vote basis,
where each trustee has one vote.
Theoperational management ofthecommunity centre Is performed bythe Centre Mana8ers who report directly
to the Trustees.
Rlsk Management
The Board of Trustees carefully monitors the financial performance of the charity and the availability of its
financial resources, The management accounts of the charity are evaluated by the Trustees at every board
meetlng and approprlate actlon Is taken where necessary to address risks as they arise. The charity's bud8et Is
monitored closely, and every effort is made to ensure our operatlons are as efflclent posslble.
Prospective Trustees can apply to the existin8 Board of Trustees if they wish to become a trustee of the charity.
New Trustees are briefed as to their le831 obll8atlons under charity and company law, the contents of ihe
Memorandum and Article5 of A550ciation, and the charities policies and procedure manual. They will also be
briefed on the board structure, budgeting and other financial matters and the 8eneral operating procedures of
the charity.
Reserves Pollcv
The aim of the Trustees is for the charily to malntain a positive cash flow to meet its financial commitments. The
eventual aim is to build up sufficient unrestricted funds in reserves to cover future potent131 maintenance costs
on the building and to allow the community centre to remain open wlthout trading for a period ofthree months.
Public benefit statement
The Board of Trustees are satisfied that they have fully complied with the duty in section 4 of the 2011 Charities
Act to have due regard to public benefit guidance i55ued by the Charity Commission, and that the mission, aim5
and activities of Portchester Community Centre Lirnited meet with these criteria.

PORTCHESTER COMMUNITY CENTRE LIMITED
TRUSTEES ANNUAL REPORT Icontinuedj
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
STRucfuRE, GOVERNANCE AND MANAGEMENT Icontlnwdl
Responsiblllties of the Trustees
TheTrustees Iwho are also dirertors of Portchester Community Centre Limited for the purposes ofcompany lawl
are responsible for preparing the Trustees Annual Report and the financial statement5 In accordance with
applicable law and United Kingdom Actounting standards Iunlted Kingdom Generally Accepted Accounting
Practice}.
Company law requires the Trustees to prepare flnancial slatements for each financial year, which 8ive a true and
fair view of the state of affair5 of the charitable company and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period.
In preparing these financlal statements, the Trustees are required to:
select suitable accounting policies and then apply them conslstentlv.
observe the methods and principles in the Charity SORP 2015 IFRS 102),
rnake Jud8ements and estimates that are re350nable and prudent.
State whether applicable UK Accounting Standards have been followed, Subject to any material departures
disclosed and explained in the financial statements.
prepare the financial statements on the 8olng concern basis unle55 It Is Inappropriate to presume that the
charitable company will contlnue In operation.
The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracv
t any time the financlal positlon of the charitable company and enable them to ensure that the flnancial
statements comply with Companles Act 2006, They are also responsible for 5afe8uarding the a55ets of the
charitable company and hence for taklng reasonable steps for the prevention and detection of fraud and other
irregularities.
The Trustees are responsible for the malntenance and integrity of the corporate and financial information
included on the charltable company's website. Legislation in the United Kingdom 8overnln8 the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Small company provlslon$
This report has been prepared in accordance with the special provisions for small companles under Part 15 of
the Companies Act 2006.
Registered office:
3 Acorn Business Centre
Northarbour road
Cosham
Hampshire
P06 3TH
Signed by order of the Trustee5.
James Blake
Trustee
2025

PORTCMESTER COMMUNITY CENTRE LIMITED
INDEPENDENT EXAMINER'S REPORT
PORTCHESTER
YEAR ENDED 31st DECEMBER 20243
COMMUNITY CENTRE
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF PORTCHESTER COMMUNITY CENTRE LIMITED
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended
31st December 2024, which are set out on pages 8 to 16.
Responslbllltles and basis of report
As the charity trustees of the charitable company land its directors for the purposes of company lawl you are
responslble for the preparation of the accounts in accordance with ihe requirements of the Companies Act 2006
{'the 2006 Act,).
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your
charitable company's accounts as carrled out under section 145 of the Charities Act 20111'the 2011 Act'}. In
carryin8 Out my examination I have followed the Directions given by the Charity Commission under section
14515llb) of the 2011 Act.
Independent examlnerfs statement
I have completed my examination. I confirm that no matters hav
examlnation 8ivin8 me cause to believe that in any material respect:
n in ¢onnection with the
accounting records were not kept in respect of the company as required by section 386 ofthe 2006 Act: or
the accounts do not accord with those records,. or
the accounts do not comply with the accounting requirements of section 386 of the 2006 Act oiher than anv
requirement that the account5 give a 'true and fair view, which is not a matter considered as part of an
independent examination,. or
• the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accountin8 and reporting by charltles appllcable to charltles preparln8 their
accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland
IFRS 1021.
I have noconcerns and havecome across no other matters in connection wlth the examination to which attention
should be drawn in this report to enable a proper understandin8 of the accounts to be reached.
Signed:
Danny Porter FCA
2025
for and on behalf ofTC Group
3 Acorn Business Centre, Northarbour Road. C05ham, Portsmouth P06 3TH

PORTCHESTER COMMUNITY CENTRE LIMITED
STATEMENT OF FINANCIAL AcnviTIES
(INCORPORATING THE INCOME AND EXPEMDITURE ACCOUNT)
PORTCHESTER
COMMUNITY CENTRE
YEAR ENDED 31st DECEMBER 2024
Unrestrlcted
Funds
Restrlrted
Funds
Total Funds
2024
Total Funds
2023
Note
INCOMING RESOURCES
Incoming resources from activities for generating funds..
Voluntary income
Community fundraising and events
Inroming resources from charitable activities
123
19,100
150,610
123
19,100
150.610
200
20,891
149,226
TOTAL INCOMING RESOURCES
169,833
169.833
170.317
RESOURCES EXPENDED
Costs of 8enerating funds:
Community fundraising and events
Charitable activities
(8,755}
1155,359}
(8.7551
(155,3591
18,096)
1160,944)
TOTAL RESOURCES EXPENDED
{164,1141
1164,1141
1169,040)
NET MOVEMENT IN FUNDS
5.719
5,719
1,277
RECONCILIATION OF FUNDS
8rou8ht forward at 1st January 2024
Transfers between funds
17441
9.597
9,597
19,5971
8,8S3
7,576
TOTAL FUNDS CARRIED FORWARD
14,572
14.572
8,853
NOTE:
Total incoming resources
Total resources expended
169,833
1164,114)
169,833
1164,114)
170,317
1169,0401
NET INCOMING/(OUTGOINGI RESOURCES
BEFORE TRANSFERS
5,719
5.719
1,277
The Statement of Financial Activities includes all gains and1055e5 in the period and, therefore.
a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuin8 activities.
The notes on page 10 to 16 form part of these financial statements.

PORTCHESTER COMMUNITY CENTRE LIMITED
BALANCE SHEET
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNJTY CENTRE
At
31st Dec
2024
At
31st Dec
2023
Note
FIXED ASSETS
T3n8ible assets
9,184
1,611
CURRENT ASSETS
Debtors
Cash at bank and in hand
9,354
17,398
11,328
27,328
26.752
38,656
CREOITORS: Amounts fallln8 due wlthln one year
io
121,364)
131,414}
NET CURRENT ASSETS
5,388
7,242
NET ASSET5
14,572
8,853
FUNDS
Restricted income funds
12
9,597
Unrestrlcted income funds
li
14,572
17441
TOTAL FUNDS
14,S72
8,853
These financial Statements have been prepared In Accountln8 and Reportln8 by Charltles: Statement of
Recommended Practice applicable to charities preparin8 their accounts In accordance wlth the Flnancial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS 102}I, the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
For the year ending 31st December 2024 the charitable company was entitled to exemption from audit under
Sertion 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtaln an audlt of its accounts for the year in question in
accordance with Section 476.
The directors acknowledge their responsibilities for complying with the requlrements of the Act wlth respect
to accounting records and the preparation of accounts.
These financial statements were approved by the Trustees on19J 112025. and are signed on their behalf by..
James Blake
Trustee and Treasurer
Company Registration Number 08233813
The notes on page 10 to 16 form part of these financial statements.

PORTCHESTER COMMUNITY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
ACCOUNTING POLICIES
Company informatlon
Portchester Community Centre Limited1082338131 15 a company limited by guarantÈÈ incorporated in
England and Wales and is a registered charity111508141. The registered office is 3 Acorn Business Centre,
Northarbour Road, Cosham, Portsmouth P06 3TH.
Basis of accounting
The financial statements have been prepared in accordance with Accountin8 and Reportln8 by Charltles:
Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charitie5 SORP
IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the
Companles Act 2006.
Portchester Community Centre Limited meets the definition ofa publlc benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical c05t or transaction value unless otherwlse stated In the
relevant accounting policy notes.
Golng concern
The year ended 31 December 2024 continued to be a financially difficult year for the charity, as like many
or8anisations in the UK during that period, the charity was affected by the cost-of-livin8 crisis, with hi8h-
cost inflatlon Impactlng the charily'5 own costs and reduced footfall durin8 the year.
As set out in the statement on the Re5pon5ibilities of the Trustees on pages S to 6, in preparing these
financial statements the trustees are required to prepare the financial Statements on the going concern
basis unless it is Inappropriate to presume that the charity will continue to operate. In satisfaction of this
responsibility the trustees have considered their expectations for the charity over the next 12 months and
the charity's ability to meet its liabilities as they fall due, based upon the information available to the
trustees at the date of these financial Statements,
These forecasts suggest that the charity will be able to generate sufficient resources to enable it to continue
to operate for the foreseeable future. Accordin8ly, the Trustees have prepared the financial statements on
the goin8 concern basis.
-io-

PORTCHESTER COMMUNITY CENTRE UMITED
NOTES TO THE FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
ACCOUNTING POUCIES lcont1n￿rfl
Incoming resources
All incomin8 resources are included in the statement of financial activities when the Charity is entitled to
the Income and the amount can be quantified with reasonable accuracy. The following specifit policies are
applied to categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement
of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a
specific performance by the charity are recognised when the charity becomes unconditionally entitled to
the grant.
Donated service5 and facilities are Included at the value to the charity where this can be quantified. The
value of services provided by volunteers has not been included.
Income from the hire of the communlty centre's facllities and room5 is recognised at the date of the hlre.
Operatlng lease agreements
Renta15 appllcable to operatin8 leases where substantially all of the benefits and risks of ownership remain
with the lessor are charged against profits on a straight-line basis over the period of the lease.
Resources expended.
Expenditure Is reco8nised on 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 which it relates.
Costs of 8eneratln8 funds comprise the cosls associated with voluntary income and the costs of fundraisin8
purp05e5. Fundraising Costs are those incurred in seeking voluntary contributions and do not include the
costs of disseminating information in support of the charitable activities.
Charitable expendlture comprises those costs Incurred by the charity in the delivery of Its actlvltles and
Services for Its beneficiaries. It includes both costs that can be allocated dlrectly to such activities and those
costs of an Indirect nature necessary to support them.
Flxed assets and depreclatlon
All fixed assets are initially recorded at cost. Depreciation 15 calculated so as to write off the cost of an asset.
less its estimated residual value, over the useful economic life of that asset as follows:
Office Equipment
25% straight line
Fund'5 5trurture
The charity has a number of restricted income funds to account for 3 situation where a donor requires that
a donation must be spent on a particular purpose or where funds have been raised for a specific purpose.
Unrestricted income funds are funds available for use at the discretion of the Trustees in furtherance of
the general objectives of the charity and which have not been designated for other purposes.
Oesignated funds are funds set aside by the Trustees out of unre5trirted income funds for specific future
purposes or projects.
li-

PORTCHESTER COMMUNITY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
INCOMING RESOURCES FROM AcfiviTIES FOR GENERATING FUND5
Unrestricted
Funds
Restrtcted
Funds
Total Funds
2024
Total Funds
2023
Voluntary Income
Donations- Miscellaneous
Communityfundralslng and events
Fundraising events and other income
123
123
200
19,100
19.100
20,891
19,223
19,223
21,091
INCOMING RESOURCES FROM CHARITABLE AcfiviTIES
Unrestrlcted
Fund5
Restricted
Funds
Total Funds
2024
Total Funds
2023
Servlces provlded to users of the communlty centre
Community user groups
47,155
Commercial user groups providing
78,827
service5 to the public
Private hire by members of the publlc
Government grants
Local government grants
47.155
78,827
40,047
81,136
24.628
24,628
18,446
9,597
150,610
150,610
149,226
COSTS OF CHARITABLE ACTIVITIES
Unrestrlrted
Funds
Restrlcted
Funds
Total Funds
2024
Total Funds
2023
Staff salaries
Costs of community own provisioning
Centre management char8es
Rent
Utility and energy costs
General maintenance and cleaning costs
Print. post and stationery
Telephone and internet
Advertising
Insurance
Licensing costs
Accountancy fees
Unrecovered debtors
Oepreciation of office equipment
64,572
258
20,529
4,905
24,141
27,610
64,572
258
20.529
4,905
24,141
27,610
2,084
65.029
846
40,697.
4,961
13.969
24,839
2,468
1,257
149
loo
2.295
1,944
2,088
302
21
1.292
2,744
4,068
21
1,292
2,744
4,068
2,283
2.283
155,359
155,359
160.944
-12-

PORTCHESTER COMMUNITY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
NET INCOMING RESOURCES FOR THE PERIOD
This is stated after charging:
Z024
2023
Depreciatlon
2,283
302
STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows:
2024
2023
Wage5 and salaries
Training and other staff costs
62,306
1.266
62,940
2,089
64,572
65,029
Partl¢ulars of employees:
The average number of employees during the year was as follows:
2024
No
li
2023
No
li
Number of centre staff
li
li
During the year Portchester Community School continued to provide members of it5 Staff to assist with the
management of the charity. Such persons were employees of Portchester Community School and not the
charity, hence are not included in the figures above. During the year ended 31st December 2024 Ihe charity
pald Portchester Community School £20,52912023 £40,6971 in respect of the m3naBement services
provided by employees of Portchester Community School.
No remuneration was paid to Trustees during the period.
RELATED PARTY TRANSAcfioNS
Richard Carlyle is the Headteacher of Portchester Community School. At the 31st December 2024, the
charity owed Portchester Community School £3,185 12023 - £9,746), which Is disclosed within 'Other
creditors.
Councillors Paul Whittle, Lisa Whittle and Paul Nother are councillors of Fareham Borough Council. During
the year ended 315t December 2024, the charity paid rents totallin8 £4.90512023 - £4,961) to Fareham
Borough Council for the use of the community centre building.
James Blake is an employee of the accountancy firrn, the TC Group. Durin8 the year ended 31st December
2024 the TC Group provided payroll and accountancy service5 to the charity totallin8 £4,068 {2023
£1,944).
-13-

PORTCHESTER COMMUNITY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
TANGIBLE FIXED ASSETS
Office
equlpment
Total
COST
At l January 2024
39,907
39,907
Additions
9.856
9.856
At 31 December 2024
49,763
49,763
DEPRECIATION
At l January 2024
38,296
38.296
Char8e for the period
2,283
2,283
At 31 December 2024
40,579
40.579
NET BOOK VALUE
At 31 December 2024
9,184
9,184
At 31 December 2023
1.611
1.611
Fixed asset addltlons during the year ended 31 December 2024, prlmarlly relate to lightin8 Upgrades which
were funded from restricted funds (see note 121.
DEBTORS
At
31st Dec
2024
At
31st Dec
2023
Amounts receivable from faclllty hirers
Prepayments and accrued income
4,317
5,037
6,894
4,434
9.354
11.328
10. CRÉDITORS: Amounts fallin8 due wlthln one year
At
31st Dec
2024
At
31st Dec
2023
Amounts owed to third party supplier5
Accruals
Deferred income
Payroll treditors {includin8 wages and taxes)
Other creditors
3,174
3,892
7,498
1,925
4,875
1.056
2,143
8,803
4.666
14,746
21,364
31.414
-14-

PORTCHESTER COMMUNITY CÉNTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
11. UNRESTRicfED INCOME FUNDS
Balance at
31 Dec 2023
Incoming
resources
Outgolng
resources
Balance
Transfers 31 Dec 2024
2024 analysis
General fund
Slnkln8 maintenance fund
120.744)
20.000
169,833
{164.1141
9.597
15.4281
20,000
Unrestrirted funds
1744}
169,833
<164.114)
9.597
14.572
General fund
The General fund is the 'free reserves. of the charity allowing for all designated funds.
Slnkln8 malntenance fund
The Sinking maintenance fund Is a designated fund created by the Trustees to provlde for potential future
costs of maintaining the Portche5ter Community Centre buildin8.
Balance at
31 Dec 2022
Incomin8
resources
Outgoing
resource5
Balance
31 Oec 2023
2023 comparatlve
Transfers
General fund
Sinkin8 maintenance fund
120,4241
28.000
160,720
1169.0401
8,000
18,0001
120,7441
20,000
Unrestricted funds
7.576
160.720
1169,0401
1744)
12. RESTRICTED INCOME FUNOS
Balance at
31 Dec 2023
Incoming
resources
Resources
expended
Balance at
Transfer$ 31 Dec 2024
2024 analysls
Lightin8 fund
9.597
19,597)
Restrlcted funds
9,597
19.597)
Balance at
31 Dec 2022
Incomlng
resources
Resources
expended
Balance at
31 Dec 2023
2023 comparative
Transfer5
Lightin8 fund
9,597
9,597
Restricted funds
9,S97
9,S97
Lightin8 fund
The Lightin8 fund was established in 2023 to fund the costs of upgrading the lighting within the Community
Centre onto energy efficient LED lights, The installation works were completed in February 2024 and fully
utilised the funds received. The c05ts of the lighting upgrade are included within fixed assets, and hence
within these financial statements the restricted funds have been released to reflect the satisfaction of the
restricted purpose of these funds having been met. The charity would like to thank the generous support
of Fareham Borough Council and Hampshire County Council for their grant5 towards this project.
15-

PORTCHESTER COMMUNITY CÉNTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PORTCHESTER
YEAR ENDED 31st DECEMBER 2024
COMMUNITY CENTRE
13. ANALYSIS OF NET ASSETS BEfwEEN FUNDS
Unrestrirted
funds
Restrlcted
funds
Balance
31 Dec 2024
2024 analysis
Tangible fixed assets
Cash at bank and in hand
Other net current liabilities
9,184
17,398
(12,0101
9,184
17.398
{12,010)
Total Funds
14.572
14,572
Unrestricted
funds
Restricted
funds
Balance
31 Dec 2023
2023 comparative
Tangible fixed assets
Cash at bank and in hand
Other net current liabilities
1,611
17.731
120,0861
1,611
27,328
120,086)
9,597
Total Funds
17441
9.597
8.853
-16-