BROMLEY VOLUNTARY SECTOR TRUST
REGISTERED COMPANY NUMBER: 03476839 (England and Wales)
REGISTERED CHARITY NUMBER: 107T278
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

BROMLEY VOLUNTARY SECTOR TRUST
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES
Peter Ayres (Chairl
Elllot Lewls (Vice Chalr)
Karl Kelledy (Treasurer) (Appolnted 13th March 2024)
Sumeetjalan (Appointed 8tn May 2024)
Carollne Gomm (Appolnted 81h May 2024)
Ellzabeth McGowan (Appolnted 8" May 2024)
Angela Wllklns
Counclllor Sam Webber
Mary Blalr (Reslgned on l Oth July 2024)
Matthew Aldrldge (Re51gned on 20¢hJanuary 20241
COMPANY SECRETARY
Aastha Kamboj
STAFF MEMBERS
Aastha Kamboj, Business Manager
Kerry Godwln, Admlnlstratlon
Steven Sutton, Caretaker
REGISTERED OFFICE
Community House
South Street
Bromley
Kent BRI I RH
REGisfERED COMPANY NUMBER 03476839 (England and Wales)
REGisfERED CHARITY NUMBER 1077278 (England and Wales)

BROMLEY VOLUNTARY SECTOR TRUST
INDEPENDENT EXAMINER
Dunstanette Kuii
Head of Finance
Communlty Action Sutton
Granfers Community Centre
73-79 Oakhill Road
Sutton
Surrey
SMI 3AA
SOLICITORS
Thackray Wllllams
15-17
London Rd
Bromley
8RI IDE
BANKERS
HSBC plc
184 Hlgh Street
Brornley
Kent BRI I HE
CAF Bank Llmlted
2 5 King5 Hlll Avenue
Klngs Hlll
West Malllng
Kent
MEI 9 4JQ

BROMLEY VOLUNTARY SECTOR TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED
31 ST DECEMBER 2024
The Trustee5, who are also dlrectors of the Charlty for the purposes of the Companles
Act 2006. present thelr report with the financial statements of the Charity for the year
ended 31 December 2024.
The Trustees have adopted the provisions of Accountlng and Reportlng by Charlties..
Statement of Recommended Practlce appllcable to charltles preparing thelr accounts In
accordance wlth the Flnancial Reportlng Standard applicable In the UK and Republlc of
Ireland (FRS 1021 leffectlve l January 2019).
OBJECTIVES AN D ACTIVITIES
Review of Objectlves ana Activities
The Charity'5 objectlves are to promote and Improve the efflclency and effectlveness of
charlties and the appllcatlon of charltable resources by the provlslon and management
for charltles and voluntary organlsatlons where they are carrylng Qui charltable
actlvltle5, of offlce accommodation, conference, tralnlng and other facllltles, seNlces,
and Support In the borough of Bromley.
These facllltles are provided to the voluntary and communlty sector at beneflclal rates.
Facllltles are also provlded to non<harltable groups at commercial rates.
Communlty House (the Old MagSstrates Court), Is run by the Charity, provldlng a
pernianent home for the member organlsatlons. Meeting room hire Is avallable to the
member organlsatlon, outslde voluntary sector organlsatlons and the statuiory/prlvate
sector,
The Charlty has three employed staff, a full tlme Buslness Manager, a full tlme Buslness
Support Offlcer and a part tlme Caretaker. They are asslsted by a team of several
volunteer receptlonlsts.
Public Beneflt
Local voluntary and communlty groups ID Bromley, repre5entlng a wlde 5pectrurn of the
communlty, have beneflted from the faclllties provlded In Ilne wlth the Charity's Artlcles
at beneflcSal rates. The facllitles also extend to the communlty Outslde Bromley wSth no
areas of society excluded.
The overall aims of the organlsatlon are to provlde support to the voluntary and
community sectors in Bromley. The Trustees revlew the facllltles provlded on an
ongoing basis and are satisfied thai those aims are belng achleved wlth due regard to
the Charity Comrni5slon'5 public benefit guidance.

BROMLEY VOLUNTARY SECTOR TRUST
KEY EVENTS DURING 2024:
l . Building Sale
As reported in our 2023 annual accounts, London Borough of Bromley ILBB)
included Communlry House in a Ilst of propertles they wanted to sell. At the end
of December 2023, desplte the unanlmous efforts by resldent charitles, room
hirers, Trustees, publlc, staff and users of Community House, Bromley Council
sold Communlty House to Deco Investments Ltd., a prlvate redevÈloper.
The start of 2024 saw the ownershlp of Communlty House pass from the London
Borough of Bromley to Deco Investment5 Ltd. At the tlrne of wrltlng thls report,
the lease negotlatlons are st511 underway. The maln lease Is due to explre on 27th
Ottober 2025.
Brornley Voluntary sector Trust have maintalned an open and honest dlalogue
wlth the new owners of the buSldlng and have contlnued to work wlth them
closely, We have a150 appolnted a profe551onal propemi agent to negotlate terms
of a new lease.
Durlng 2024, varlous repaSr works were carried out to the bulld Ing especSally the
longstandlng leaks emerglng from the flat roof and these works were or9anised
by the new owners Deco Investments Ltd.
As reported in 2023 accounts, the Bell Tower / Cupola had been secured by
scaffolding Since March 2023. Thi5 scaffolding was erected to ensure the health
and safety of bullding users followlng the Scott schedule report comm155loned
by BVST determlned the Bell Tower/cupola was unstable.

BROMLEY VOLUNTARY SECTOR TRUST
ACHIEVEMENT AND PERFORMANCE
2024 was a 5ucce5sful year as Communlty House contlnued to be a bustllng centre for
the local communlty.
The news about the buildlng sale and posslble impact on smaller charities contlnues to
pose a threat, however to BVST staff have contlnued to provide reassurance5 to ￿1
tenant5 and u5er5 of the building, The Landlord and Tenant Act of 1954 provldes a
much needed buffer to the ongolng negotiatlons, however, most of 2024 was spent
making good years of neglect left behlnd by the prevlous owners of the buildlng.
The café operatlons have not yet resumed and BVST contlnue to hlre the café space as a
meeting space as has proved to be extremely popular amongst our room hlrers. The
openness and access to outside patlo areas has been an added advantage provldlng
BVST a much-needed Income boost,
Durlng the year, the BVST team contlnued to show prospectlve groups who were keen
on taklng over the café operatlons but due to varlous reasons, the space Is an actlve
kltchen.
Desplte the challenges and the uncertalnty, BVST'5 room hlre Income exceeded the
budget revenue wlth 1,496 bookings hosted through the year, generatlng a revenue of
£114,690, the same figure In 2023 was £95.518 and 2022 was £88,858 showing
steady and slgnlflcant progress, growth and trust the patron5 have shown.
RECRUITMENT
Trustee5
Durlng 2024, a few trustees reslgned from thelr posts We also recrulted new Trustees
who support the runnlng of BVST.
FINANCIAL REVIEW
The Board contlnued the rese￿e5 pollcy and agreed to malntaln slx month oxpÈndlture
costs In cash reserves of £190,000. These reserves are held as unrestrlcted funds In
Immedlate access bank accounts in HSBC and CAF Bank. The cash reserves at the end of
2024 totalled £197,62 7. In 2023 thls flgure was £190,817.
At the end of 2024 the total unre5trlcted fund5 amounted to £226,099. In 2023 thls
figure was £242,715, and con51dered net current assets for the day to day runnlng of
the Charlty.
This figure has decreased due to the deficlt of income over expendlture15ee later).
The restrlcted funds totalled £3,836 at the end of 2024 (2023.. £52,590).
All fixed a55ets purchased by the organi5atlon In ordinary course of business are
classified as unresrrlcted.

BROMLEY VOLUNTARY SECTOR TRUST
The total net unrestricted deflclt for the year was £16,616 (202 3: deflclt of £1,077)
mainly due to the Ilquldatlon of a su￿tenant (Relate) and addltlonal legal & professlonal
fees for new lease negotiatlons.
Income amounted to £433,777 (2023: £406,136) comprislng of income from charltable
acrlvltles of £432,240 (2023.. £404,998}, and investment Income of £1,537 (2023:
£1 ,138). All of the income Is unrestricted Income.
Resources expended Iboth restricted and unrestrlcted) amounted to £499,147 (2023-.
£473,096) resulting in net outgolng resources for the year at £65,370 (2023.. £66,960)
including a restricted depreciation charge of £48,754 (2023.. £65,883).
The Trustees contlnue to monltor cash reseNes plu5 Income and expendlture
information agalnst agreed budgets on a monthly bas15, and remain satisfled that the
charity contlnues to operate a5 a g0Sng concern.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Bromley Voluntary Sector Trust Is a company Ilmlted by guarantee and Is governed by
Its Memorandum and Artlcle5 of Associatlon. It Is a150 a registered Charlty.
The Trustee Board cornprises of repre5entatlves from the member organlsatlon5, the
local Voluntary and Community Sector and they possess a variety of skllls and abllitles.
Prlor to election, they are Invlted to attend Board meetlngs to galn an understandlng of
how the Trust operates.
The Board meets bl-monthly, the Chair. Vice Chalr, Treasurer and and the Buslness
Manager, who comprlse the Resources Commlttee also meet bl-monthly alternatlng to
the full Board.
The Resources Committee reviews the general tradlng 51tuatlon and make5
recommendatlons regardlng capltal expendlture to the main board.
Trustees and Dlrectors are Independent and recelve no remuneratlon for thelr
Involvement In the Charlty.
BVST are actlvely revlewlng thelr processes, pollcles and governan￿ to futureproof the
charlty and organ15ation.
BVST wlll also draft a new buslnes5 plan for the next five years wlth the objectlve of
managlng the trust effertlvely. These tasks have been pushed due to the on9olng lease
renewal proce55.
Lease negotiations a5 ongolng wlth new owners of Communlty House.

BROMLEY VOLUNTARY SECTOR TRUST
Statement of Trustees. responsibilities
The Trustees (who are a150 the directors of Bromley Voluntary Sector Trust for the
purposes of company law) are responslble for preparin9 the Report of the Trustees and
the financial statements In accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accountlng Practice).
Company law requlres the Trustees to prepare flnanclal statements for each financlal
year whlch glve a true and falr vlew of the state of affalrs of the charltable company and
of the Incomlng resources and appllcatlon of resources, Includlng the Income and
expendlture, of the charltable company for that perlod. In preparlng those financial
statements, the Trustee5 are requlred to.
select sultable accountlng pollcles and then apply them conslstently.
observe the methods and prlncSples In the Charlty SORP.
make Judgements and estlmates that are reasonable and prudent.
prepare the flnanclal statements on the golng concern basls unless It is
Inappr¢prlate to presume that the charltable company wlll contlnue In buslness.
The Trustees are responslble for keeplng proper accountlng records whlch disclose wlth
reasonable accuracy at any tlrne the financlal posltlon of the charltable company and to
enable them to ensure that the flnanclal statements compW wlth the Companles Act
2006. They are a150 respon51ble for safe9uardlng the assets of the charltable company
and hence for taklng reasonable steps for the preventlon and detectlon of fraud and
other Irregularltles.
Approved by order of the Board of Trustees on
it5 behalf by:
and sl9ned on
Peter Ayres
Chalr of Trustees

BROMLEY VOLUNTARY SECTOR TRUST
Independent Examlnefs Report to the Thistees of Bromley Voluntary Sector Trust
I report to the charlty trustee5 on my examlnation of the accounts of the company for
the year ended 31 December 2024 whlch are set out on pages 9 tol 8.
Responslbllltles and basls of report
As the charity trustees of the company (and its dlrectors for the purposes of company
law) you are responsible for the preparatlon of the accounts In accordance wlth the
requirements of the Companles Act 2006 ('the 2006 Act,).
HavSng satlsfied myself that the accounts of the company are not requlred to be audlted
under Pan 16 of the 2006 Act and are ellglble for independent examlnatlon, I report In
respect of my examlnation of your company's accounts as carrled out under sectlon
145 of the Charltles Act 2011 ('the 2011 Act,). In carrylng out my examinatlon I have
followed the Dlrectlon5 glven by the Charlty Commlsslon under settlon 1451511b) of the
2011 Act.
Independent examlnees statement
Slnce the company's gross Income exceeded £250,000 your examlner must be a
mernber of a body listed In section 145 of the 2011 Act. I conflrm that l am quallfled to
undertake the examlnatlon because l am a member of Assoclatlon of Chartered
Cenlfied Accountant, whlchls one of the Ilsted bodle5.
I have completed my examlnatlon. I conflrm that no matters have come to my attentlon
In connectlon with the exarnlnatlon gSvlng me cause to belleve that In any materlal
respect..
accountlng records were not kept In respect of the company as requSred by
sectlon 386 of the 2006 Act. or
2. the accounts do not accord wlth those records., or
3. the accounts do not comply wlth the accountlng requlrements of settlon 396 of
the 2006 Act other than any requlrement that the accounts glve a 'true and falr
vlew, whlch Is not a matter considered as part of an Independent examlnation: or
4. the accounts have not been prepared In accordance wlth the methods and
prlnclples of the Statement of Recommended Practlce for accounting and
reporting by charlties lappllcable to charities preparlng thelr accounrs In
accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and
Republlc of Ireland (FRS 102).
I have no concerns and have come acr055 no other mallers In connectlon with the
examination to which attentlon should be drawn In thls report in order to enable a
prop
run
tanding of the accounts to be reached.
nette Kutl
Communlty Actlon Sutton,
Granfers Community Centre,
73-79 Oakhill Road,
Sutton, Surrey, SMI 3AA

Bromley Voluntary sector Trust
Statement of flnanclal actfvitles Ilncorporatlng an Income and expendlture account)
For the
ar ended 31 D¢cemlxr 2024
2024
Total Unrestrirted Restrlrted
2023
Toial
Unrestricted Restrlcted
Note
Income from:
Charitable activltles
Provisiort of accomodation &
support seNices to other charltles
Invtsrment Income
432.240
1,537
432.240
1,537
404,998
1,138
404,998
1,138
Total Incom•
433,777
433,777
406,136
406,136
Exptndftu￿ on:
Charltable actlvltles
Provlslon of accomodatlon & support services to other charltles
Staff c05r5 INote 4)
112,230
Depreclatlon
13,023
Ll9ht, Heat and Telephone
31,707
Bad Debt
7,811
Repalrs and Malntenance
4,592
Cleanlng
35,207
Rent, Rates, Insurance &
Subscrlptlons
Legal and Profe551onal Fees
Accounting, admln support and
Independent examlnatlon Fees
112.230
61.777
31.707
7,811
4,592
35,207
75,155
479
37,718
75.155
66,362
37,718
48,754
65,883
6,799
32,791
6,799
32,791
190,869
19,532
190,869
19,532
171,306
25,304
171.306
25.304
4,S87
4.S87
5,125
5,125
Support costs
Ll ht. Heat and Tele
ntlng. Statlonery
Expenses
Repairs and Maintenance
Rent. Rate5, Insurance &
Subscrlptions
Sundry Expenses
AdvertlslnglPromotion
Total •xpindltuM
hone
9,934
9.934
13,670
13.670
4.199
14.9S2
4,199
14.952
3,274
33.473
3,274
33.473
921
352
477
921
352
477
873
713
533
873
713
533
450,393
48.754 499,147
407.213
65,883
473.096
Nat Income l (expendftum) b•for• n•1
(16,6161 (48,7541 (65.370)
(1,0771 165,883) (66,960)
Net Income l (exptfftdltur•) for tho 3
(16.6161 (48,7541 <65,370)
(1,0771 165.883) 166,9601
Transfers beThveen funds
43,180
143.180)
Net movement In funds
12
(16.616) (48,7541 (65.370)
42,103 1109.063) 166,960)
Reconclllatlon of funds:
Total fund5 brought forward
Totsl funds carrled forward
242.715
52.590 295.305
200,612
161,653 362,265
226.099
3.836 229.935
242,715
52,590
295,305
All of the above results are derlved from contlnuing aitivitie5. There were n¢J other recoyn15ed gains or1055e5 Other than Ihose stated
above. Movements In fund5 are dlsclosed In Nole I Z to the financial Statements.

Bromldy Voluntary Sertor Trust
Company no. 03476839
BalarK• shett
s ar 31 Dece
b r?024
2024
2023
Note
Flx•d assats:
Tangible a5set5
Current assets:
Debtor5
Cash at bank and In hand
3&400
95,660
24.472
197.627
24,457
190,817
222.099
215,274
Uabllttles:
Creditors.. amounts falling due withln one year
28,564
15,629
N•t curr•nt assats l Olabllltl•s)
193,535
199,645
Totsl assets less curr•nt Ilabllltl•s
229,955
295.305
Totyl n4t ass•ts i (Ilibllltl•s
229,935
295,305
Th• funth ofthe tharlty.
Restrlcted Income funds
Unrestrlcted Income funds=
General funds
3.836
52,590
226,099
242,715
To(al unrestrlcted funds
226,099
242,715
Totsl dwlty funds
229,935
295.305
The charltable company is entltled to exemptlon from audit under sectlon 477 of the Companles Act 2006
for the year endlng 31 December 2024.
The members have not réqulred the company to obtaln an audlt of its financlal statements for the year ended 31
December 2024 In accordance wlth sectlon 476 of the Companlos Act 2006.
Th4 Trustees acknowledge thelr responslbilitles for
{al ensuring that the charitable company keeps ac¢ountlng records that comply wlth Sectlons 386 and 387 of the
Companles Act 2006 and
Ibl preparlng financlal statement5 whlch glve a true and falr vlew of the stare of affalrs of the charitsble company
a5 at th• •nd of •ach financlal y•ar and of It£ Eurplus or doficlt for each financlal year In accordance with the
requlrements of Sections 394 and 395 and which otherwise comply with the requlrements of the Companles Act
2006 relatlng to flnanclal Statements, 50 far as appllcable tD the charStable company.
These flnanclal statements have been prepared In ac¢ordance wlth the speclal provlsSon5 of Part 15 of the
Companles Act 2006 relatlng to charitable Small companles.
and slgned on thelr behalf by
Approved by the Trustees on
10

Broml•y Voluntary Sector Trust
Notes to the flnanclal statements
For tb.•
ar •nded 31 fier_ewb•r 20?4
l Accounllng pollcl•s
a) Ba515 of preparatk)n
The financial statements have been prepared In accordance wlth Accounting and Reportlng by Charltles:
Statement of Recommended Practlce appllcable to charltles preparlng thelr account5 In accordance with the
Flnanclal Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 102) 2019, the Flnanclal
Reportlng Standard applicable in the UK and Republlc of Ireland (FRS 1021 and the Companles Act 2006.
Assets and liabllltles are inltlally recognlsed at hlstorlcal cost or transaction value unless otherwlse stated In
the relevant accounting pollcy or note.
b) Publlc beneflt entlty
The charltable company meets the deflnltlon of a publlc beneflt entity under FRS 102.
O Golng concern
The trustees conslder thai there are no materlal uncertalntles about the charltable company's ablllty to
contlnue as a golng concern.
There are no keyJudgements that the charitable company has made whlch have a slgnlficant effect on the
account5.
d) Key source of estlmatlon. uncertalnty and Judgement
The preparatlon of flnancial statements In conformlty wlth generally accepted accounting practlce requlre5
trustees to make estlmates and judgements that affect the reported amounts of assets and Ilabllltles as well
as the dlsclosure of contlngent assets and Ilabllltles at the balance sheet date and the reported amount5 of
revenues and expenses durlng the reportlng perlod. There Is e5tlmation uncertalnty In calculatlng
depreclatlon. A revlew of fixed assets is carrled out by the trustees regularly. Whilst every attempi is made to
ensure that the depreciatlon policy Is as accurate as posslble. there remalns a rlsk that the pollcy does not
match the useful Ilfe of the assets.
•) Income
Incorne Is recognlsed when the charlty has entltlement to the funds. any performance condltlons attached to
the Income have been met, it 15 probable that the Income wlll be recelved and that the amount can be
measured rellably.
Income from government and other grants. whether 'capital' grants or 'revenue' grants, Is recognlsed when
the charity has entltlement to the funds. any performance condltlons attached to the grants have been met, it
15 probable that the income wlll be recelved and the amount can be measured rellably and Is not deferred.
Income received in advance of the provislon of a speclfled service is deferred untll the criterla for Income
recognltlon are met.
fj Interest recefvabl•
Interest on funds held on deposlt is included when receivable and the amount can be measured reliably by
the charity- thi5 is normally upon notificatlon of the interest pald or payable by the bank.

Bromley Voluntary Sector Trust
Notes to the flnanclal statements
For the
ear ended 31 December 2024
l Accountlng pollcles {contlnued)
Fund accountlng
Restrlcted funds are to be used for speclflc purposes as lald down by the donor. Expendlture whlch meets
these crlterla Is charged to the fund.
Unrestrlcted funds are donatlon5 and other incomlng resources recelved or generated for the charitable
purposes.
Deslgnated funds are unrestrlcted funds earmarked by the trustees for partlcular purposes.
h) Expendlture and Irrecoverable VAT
Expendlture Is recogn15ed once there Is a legal or constructlve obllgatlon to make a payment io a thlrd party,
It Is probable that settlement will be requlred and the amount of the obllgatlon can be measured rellably.
Expendlture Is cla55lfled under the followSng actlvity headlng5:
Costs of raising funds relate to the costs incurred by the charltable company In Inducing thlrd partles to
make voluntary contrlbutlons to It. as well as the c05t of any actlvitles wlth a fundra151ng purpose
• Expendltu re on charltable actlvltles Includes the costs of provlsion of space and seNices undertaken to
further the purposes of the charlty and thelr assoclated support costs
• other expend Iture represent5 those items not falllng Into any other headlng
Irrecoverable VAT15 charged as a cost agaln5t the actlvlty for which the expenditure was incurred.
l) Operatlng lease5
Rental charges are charged on a straSght Ilne basis over the term of the lease.
J) Tanglble flxed assets
Items of equi pment are capltallsed where the purchase prlce exceeds £250. Depreclation cost5 are allocated
to actlvltles on the basls of the use of the related assets In those actlvitles. Asset5 are reviewed for
Impalrment If clrcumstances Indlcate thelr carrylng value may exceed thelr net reallsable value and value In
use.
Where flxed asset5 have been revalued. any excess between the revalued amount and the hlstorSc cost of the
asset wlll be shown as a revaluarlon reserve In the balance sheet.
Depreclatlon Is provlded at rates calculated to wrlte down the cost of each asset to It5 estimated resldual
value over Its expected useful Ilfe. The depreclatlon rates In use are as follows..
• Long Leasehold property
4% per annum or to the end of rhe lease whlchever Is shorter
Telephone equlpment
8.33% on cost
Flxture5 and fittlngs
20% on cost
k) Debtor5
Trade and other debtors are recognised at the settlement amount due after any trade d15count offered.
Prepayments are valued at the amount prepald net of any trade d15counts due.
l) Cash at bank and In hand
Cash at bank and cash In hand Includes cash and Short term hlghly liquld Investments wlth a Short maturity
of three months or less from the date of acqui51tion or openlng of the deposit or similar account. Cash
balances exclude any funds held on behalf of service users.
12

Bromley Voluntsry Sector Trust
N¢xes to the flnanclal statements
For the
ar Énd￿ 31 D￿_0}ber 2024
l Accounllng pollcles (contlnued)
m) Credltors and provlslons
Credliors and provlslons are recognlsed where the charlty has a present obllgatlon resulting from a past
event that wlll probably result in the transfer of funds to a thlrd party and the amount due to settle the
obllgation can be measured or e5tlmated reliably. Credltor5 and prov15ions are normally recognlsed at thelr
settlement amount after allowing for any trade dlscounts due.
The charlty only ha5 flnanclal assets and flnanclal Ilabllltles of a klnd that quallfy a5 ba51c flnanclal
Instruments. Baslc flnanclal Instruments are Inltially recognlsed at transactlon value and subsequently
measured at thelr settlement value wlth the exceptlon of bank loans whlch are subsequently measured at
arnortlsed cost uslng the effective interest method.
n) Penslons
Employer contrlbutlons to employees defTned contrlbutlon pension schemes are charged to Statement of
Flnanclal Actlvltles durlng the year.
2 Income from charftable
2024
Total
2023
Total
Unrestrlcted Restrlcted
Rental Income and Servlce Charyes Recelvable
432,240
432,240
404,998
Total Income from charltable actlvltles
432,240
432,240
404.998
13

Bromley Voluntsry Sector Trust
Notes to the financlal statements
rthe
r ended 31 December 2024
3 Net Incomlng resources for the year
Thls Is stated after charglng I crediting..
2024
2023
Depreciation
Independent examinatlon
61,777
1.000
66,362
1.000
Analysls of staff costs, Trustae remuneratlon and expen5¢s. and the cost of key manag•m•nt personnel
Staff costs were as follows.,
2024
2023
Salarles and wages
Soclal securlty costs
Employer's contrlbutlon to defined contrlbution pension schemes
Staff recrultment, tralnlng & Volunteers expenses
101.335
4,547
2,413
3.935
71,312
1.195
1,528
1.120
112.230
75,155
No ernployee earned more than £60,000 durlng the year (2023.. nll).
The total employee beneflts Sncludlng penslon contrlbution5 of the key management personnel were
£44.553 (2023: £34,207).
The charlty Trustees were not pald or received any other beneflts from employment wlth the charlty In the
year1202 3: £nllJ. No charlty Trustee recelved payment for professional or other setvlces supplled to the
charlty (2023: £nll).
No Trustees recelved payments for relmbursement of travel and subslstence costs relatlng to attendance at
meetlngs of the trustees 12023: nll).
Staff numbers
The average number of employees (head count based on number of staff employed) durlng the year was a5
follows:
2024
2023
No.
Charltable actlvltles
14

Bromley Voluntary Sector Trust
Notes to the flnanclal statements
For the
ar ended 31 DeCeM￿r 2024
Related party transactlons
There are no related party transartions to disclose for 2024 (2023: none).
There are no donations from related partles whlch are outside the normal course of buslness and no
restrlcted donatlons from related partles.
7 Taxatlon
The charltable company Is exempt from corporatlon tax as all it5 Income Is charltable and is applled for
charltable purp05e5.
Tanglbl• flxod asset5
Flxtures and Telephone
fittlngs
equlpment
Leasehold
property
Total
Cost or valuatlon
At the start of the year
Addltlons In year
149.759
2,517
45,314 1,226.567
1.421.640
2,517
At the end of the year
152,276
45,314 1,226,567
.424,157
Depreclatlon
At the start of the year
Charge for the year
139.238
3,887
22.615 1,164.127
3,776
54,114
1.325.980
61,777
At the end of the year
Net book value
At the Ind of the y•ar
143,125
26,391
1.218,241
1.387.757
9.151
18,923
8,326
36.400
At the start of the year
10.521
22,699
62.440
95,660
All of the above assets are used for charltable purposes.
Debtors
2024
2023
Trade debtors
Prepayments and accrued income
16,796
7.676
16,602
7,855
24.472
24.457
Over 95% of trade debtors pald by the end of February 2025.
15

Bromley Voluntary Sector Trust
Notes to the flnanclal statements
th• v•Ar *nd•d ?1 December 20?4
l O Credltors.. anKbunts falllng due wlthln ono year
2024
2023
Trade credltors
Taxatlon and social 5ecurfty
Other creditors
Accruals
2.567
3.939
64
21.994
8.390
1.815
125
5,299
28,564
15,629
I l Anatysls of net assets betsyeen funds at the end of year
General
unrestrlcted Deslgnated
Restrlcted Total funds
Tanglble fixed assets
Net current assets
32.564
193,535
3,836
36.400
193.535
Net assets at the end of the year
226.099
3,836
229,935
Analysls of not assets between funds at the stan of year
General
unrestrlrted Deslgnated
Restrlcted Total funds
Tanglble flxed assets
Net current assets
43,070
199,645
52,590
95,660
199.645
Net ass•ts at the end of the y•ar
242.715
52.590
295.305
16

Bromley Voluntary Sector Trust
Notes to the financlal statements
For the
ar ended 31 December 2024
12 Movements In funds
At the start
of the year
Income & Expenditure
galns
& losses
At the end of
the year
Durlng the year
Transfers
Re5trltted funds:
Leasehold Prernlses and FlxturÈs &
Flttlngs
London Clty Brldge Trust grant for
equipment for worklng from home
Direct Llne Group grant for PPE
equlpment
51,748
(48.282)
3.466
741
(401)
340
loi
171)
30
Total fQStrkted funds
52.590
(48.754)
3,836
Unrestrfcted funds:
en
242,715
433,777
1450,393)
226,099
Total unrestrfcted funds
242.715
433,777
(450,393)
226,099
Total funds
295.305
433,777
(499,147)
229.935
At the start
of the year
Income & Expenditure
galns
& losses
At the end of
th• yoar
Durlng prevlous year
Transfers
Restrltted funds:
Leasehold Premises and Flxtures &
Flttlngs
London Clty Brldge Trust grant for
equlpment for workln9 from home
Dlrect Llne Group grant for PPE
equipment
159.726
165,251)
142.727)
51.748
1,755
1561)
(4531
741
172
(71)
Total r•strlrted funds
161,653
165,883)
(43.180)
52.590
Unrestrlcted fvnds
eneral fu
200.612
406.136
(407.213)
43.180
242.715
Total unrnstrfcted funds
200,612
406,136
(407,213)
43.180
242.77 5
Total funds
362,265
406.136
(473.096)
295.305
Transfers from restricted fund to general funds Is to reflect the correct net book value of flxed asset5
bought uslng restricted grant funds.
17

Bromley Voluntary Sector Trust
Notes to the flnanclal statements
Ftir thÈ vear ended 41 n￿•￿b￿r 2024
13 Oporatln9 lease commltmÈnts
The charitrfs total future mlnimum lease payments under non-cance51able operatlng leases Is a5 follows for
each of the followlng perlods
Property
2024
2023
Less than one year
One to two years
Two to five years
106.543
178,728
103.744
106.543
282.472
14 L•gal status of th• charfry
The charlty Is a company Ilmlted by guarantee and has no share capltal. The Ilabllity of each member In the
event of winding up is Ilmited toan amount not exceedlng £1 O.
18