BELVEDERE COMMUNITY FORUM LIMITED
FINANCIAL STATEMENTS
of the
TRUSTEES
for the Year Ended 31 March 2025
Charlty reglstratlon number 1116584
Company reglstratlon: 09058625
Independent Examlner..
Sadler Davies
Trading as: Finsbury Robinson Ltd
Top Floor, West Hill House,
Dartford, Kent DA12EU

Belvedere Community Forum Ltd
Trustees, Annual Re
ort for the
erlod from 1st A
ril 2024 to 31st March 2025
Company Limited by Guarantee number: 09058625
Charity number: 1116584
Registered Office: Belvedere Community Centre, Mitchell Close, Belvedere, Kent DA17 6AA
8ankers: Natwest Bank, Broadway Bexleyheath DA6 8DT
Accountant5: Sadler Davies, Tradin8 as: Fin5bury Robinson Ltd, Top Floor, West Hill House, Dartford.
Kent DAI 2EU
Directors and trustees..
The directors of the charitable company (the charity) are its trustees for the purpose of charity law,
includes post Balance Sheet changes.
Steve Maplesden
Councillor Sally Hinklev
David Johnson
Councillor Daniel Francls
Chair- Appointed 2. April 2024
nd
Treasurer- Appointed 2 April 2024
Resi8ned 24, January 2025
The councillors are from the London Borough of Bexley and have decla red their interest in any contracts
concernln8 the London Borough of Bexley with Belvedere Community Forum Ltd and refrain from voting
on such contracts.
Trustees are selected for their experience and skills relevant to the tasks required of the Board at each
stage. Each new Trustee 15 briefed about the project and periodic appraisals are undertaken of the
Trustees, skills and experience.
The Trustees meet periodically to affect the management of the charity's affalrs.
Governln
Docu
ent
The Belvedere Community Forum was re8lstered as a charity on l November 2006. It was Incorporated
on 27 October 2014, becoming a charitable company limited by guarantee. The company was established
under a Memorandum of Association which determines the objects and powers of the charitable company
and is governed under its Articles of Association. In the event of the charity being wound up the liability in
respect of the guarantee 15 limited to £1 per director.
Ob'ectlves
actlvlties and ublic benellt.
The Belvedere Community Forum gives the community a voice to access deci5ion-making processes that
affect them. In addltion, the charity campaigns to support the regeneration of the Belvedere area and
organises a number of community activities in order to promote community cohesion in the area. The
charity manages the Belvedere Community Centre, having signed a 25 year operating lease with Bexley
Council in 2014. A5 part of this lease the Charity 15 responsible for capital works to the centre, whilst the
roof and boiler remain the responsibility of the Council.
Achlevements and erforniance: Re
ort of the Chalr of Trustees Steve Ma
lesden
Our Board
During 202312024 sadly bade farewell to our longstanding Trustee, MP Daneil Francis. Daniel was an
out5tandin8 Servant to both the Belveder Community Forum and the Community Ceritre for over 20 years.
Daniel's dedication and vision were instrumental in shaping the Belvedere Communlty Forum and ensuring
that the Belvedere Cornmunity Centre remained a vibrant hub. During his tenure, the Centre grew to offer
a wide range of activitie5 and service5, from educational workshops and youth programs to health and
wellbeing initiatives, supporting thousands of local residents. His commitment to fostering community

spirit and inclusivity has left a lasting legacy, and we are deeply grateful for the positive impart he has made
on Belvedere.
During the year we also sought new trustees to join the Board. Local resident Harold Deigh was nominated
to join the Board but did not formally join the Board because of our imminent financial challenges.
In January 2025 the Board took the incredibly hard decision of surrendering the lease and the running of
the Belvedere Community Centre. You can read more about how we came to this decision below, but the
key points are that over the last few years, rising costs, building maintenance expenses and a low number
of people using the centre have made it financially unsustainable to run the community centre.
This was an incredibly difficult decision for the board to make. And while it was a hard one, as our financial
accounts will show. it is a decision that we took at the right time and has meant that the charity has been
able to meet all of its costs and remained solvent.
Wlthout the Be￿edere Community Centre to run, the Board felt that the Impact of the Belvedere
Community Forum is so dlminished that the charity no longer needed to function. And so on 27 March the
Board agreed to cease tradin8 as a charity and to dissolve the organlsatlon.
Windln8 UP the charlty and surrendering the lease and handing the Community Centre back to the council
has been an arduous process. On a personal note, I want to extend my deepest thanks to my generous
trustee colleagues who have worked hard to ensure that all of our local Suppliers and debtor5 are paid, the
wonderful employees who work at the centre receive their redundancy entitlements, and most of all that
the Community Centre continues to remain open to the public.
On that note, I'd also like to extend a special thank you to the officer5 at Bexley Council and the wonderful
CEO of Age UK Bexley who have ensured that the Belvedere Community Centre continues to run in our
absence and that our vlbrant and wonderful community continues to have access to this wonderful civic
asset.
Belvedere Community Centre
While the running of the Community Centre was challenging, we still had a number of highlight5 from April
2024 until January 2025. This included we also welcoming a number of new group5 to the Centre:
Quad roller skating classes
Life Drawing Session5
Children's Dance Class
2 new Sunday Churches
Irish Dancing
Belvedere Concert Band.
The Centre also continued to provide an incredlbly important space for local people and buslnesses
throughout 2024125. We provided spaces for..
Physical activity such as badminton, karate, and dancing for over 50s and young people too
Social services, such as contart sessions for Bexley. Lambeth and Bromley Councils
Education, such as Emmanuel's Tuition, Narinderfs Tuition and piano tuition
Older people, such as Knitting circles, Befriending Groups and Dementia support through Age UK
Younger people, such 35 After School Club and Messy Play for Tots,
Younger people with disabilities, such a5 Bexley SNAP
Environmental activities. such as our Gardening Club
We were very pleased to see our Community Fridge continue to operate, providing much needed food to
people who need it and as well as being effective way to reduce local food waste. We are particularly
indebted to our local Asda Community Champion for 5UPPOrting our fridge by donating food and by
volunteering.

Events
We also held a long list of community events and activities aimed at young people, families and older people
of Belvedere. Highlights included:
Easter hunt and fun day
School Holiday fun
Summer fair
Family Cookery sessions
Community BBQ
Community inflatable fun day
Halloweern Partv
Christiiias Market
Community Xmas meal
The decision to surrender the lease and return the management of the Community Centre to the Council
In January 2025 it became clear that due to revenue and funding challenges and rising costs it was
flnancially unsustainable to contlnue to run the Community Centre and that we needed to immediatelv
surrender the lease of the Centre and its management back to the council while the BCF continued to have
limited cash reserves. We did this to ensure that the charity remained solvent and we didn't let any of our
suppliers or employees down in the process.
Revenue and fundlng challenges
The past year has continued to present sl8nlficant challenges for the Belvedere Community Centre. While
we are fortunate to have a loyal group of regular hirers and have seen encouraging growth in casual
bookings for children's parties over the last 18 months, overall usage remains well below pre-COVID levels.
Attracting new users ha5 proven difficult. and this ha5 had a direct irnpact on our financial sustainability.
The Centre's operations are almost entirely funded through hire revenue. Unfortunately, current hire rates
do not cover the full cost of running and maintaining the buildin& particularly in the face of rising energy
and staffing costs. Despite effort5 ta increase hire charges, these have not kept pace with escalating energy
costs, especially for our large Sports hall. Inefficient use of the Centre such as periods with only one or
two hlrers further compounds these1055es.
Securing additional funding ha5 been a challen8e, largely due to limited staff capacity to prepare
applications, We have also105t valuable partnerships, such as Three Rivers, which previously supported
both the Centre and our charitable objectlves,
Runnlngcosts and malntenance challen8es
Our staffing costs remain our most significant expense, and while we balance full-time employees Wlth
bank staff to manage demand, this continues to strain resources. Maintaining the building is time-
con5Ltming and c05tly and hire income does not extend to essential site improvements. In 2024, we were
required to install a new heating system at a cost of over £10,000 an expense not covered by our lease.
Other pressing maintenance issues, including fire escape improvements and solar panel repairs, remain
unresolved due to lack of funds.
Our Communlty
I would like to thank all the member5 of the Board and staff who have worked extremely hard as well a5
our Treasurer (Cllr Hinkleyl, out outgoing Secretary (Cllr Francis) and replacement Secretary (Dave
Johnson). Special thanks should also go to Gina Williamson who has continued to keep our f inancial affairs
in order and offer us wise financial advice. This help has proved invaluable in ensuring that the centre
minimised expenditure. We are a150 pleased with the excellent support that we continue to receive from
Cory Environmental who have provided the necessary fvnding for the Forum to operate and pay for our
minute taker.

Financial Review
The expenditure of the charity exceeded income resulting in a deficit of £50,536.58 12024 deficit
£43,465.56). Funds held at the end of the financial year include £2,880.98 (2024, £51,417.56) of
unrestrirted reserves.
Risk Review
The Trustees have carried out an assessment of the risks facing the charity and have established the
procedures for minimising risks associated with running the community activities and the Community
Centre.
Trustees, re5
onslbilities
The trustees are required under the Charities Art 2011 to prepare financial statements for each financial
year which give a true and fair view of the charity's financial activities during the year and of its financial
position at the end of the year. In preparing financial statements givin8 a true and fair view, the trustees
should follow best practice and:
(al
Select sultable accountin8 policies and apply them consistently.
Make suitable judgements and estlmates that are reasonable and prudent.
State whether applicable accounting standards of recommended practice have been followed,
subject to any departures disclosed and explained in the financial statements.
Prepare the financial statements on a going concern basis unless it is inappropriate to presume
that the charlty will continue in operation.
The trustees are responsible for keepin8 accounting record5, which enable them to disclose with
reasonable accuracy the financial position of the charity, and for en5urin8 that they comply with
applicable law and regulations. They are also responsible for safeguarding the assets of the charity and
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
(c)
Id)
Signed on behalf of the charitls trustees:
Steve Maple5den
Chair of Trustees
Date:
20 Jc2n 26

BELVEDERE COMMUNITh FORUM LTD
STATEMENT OF ASSETS AND LIABIUTIES
AS AT 31ST MARCH 2025
Note Unrestricted RestrlGtgd
2024125
2024125
Total
2024125
Totsl
2023124
T*NJibl• Flx•d Ass•ts
Current As8et8
Monetary Ass•ts
Cash
B8nk 8ectyJnts
D8btor8
Total current assets
£2,(K16.25
£2,006.25
2,503.21
3,279.15
3,279.15
28.181.73
25,041.60
53,223.33
3,279.15
3.279.15
Li8blitse$- amcwnl$ falling dua wTthin 1 wr
2,404.42
2,404.42
2,308.98
Current A•••ts1Q￿ Curr*ftt Llabllltlè*
£874.73
£874.73
£50,914.35
Total ABs•ts 1•50 Curr•nt Lloblllll
£2.880.98
£2,8BO.98
£53,417.$6
FUNDS
Unr8slricted- G8n8r81
R88lric18d
2,880.9B
2,880.98
51,417.56
2,000.00
£2.880.98
£0.00
£2,880.98
£53,417.56
Slgngd by
Steve M8ple6den
Date..

BELVEDERE COMMUNITY FORUM LTD
STATEMENT OF FINANCIAL ACTIVITIES
AS AT 31ST MARCH 2025
nrestrlcted
nds
Gen
TOTAL FUNDS
2Q24L25
unds
31
INCOMING RESOURCES
Voluntary Income & Grants
Charltsble Activities
Income from investments
4a
4b
4c
4.151.37
58,673.40
57.87
62.882.64
4,151.37
58.673.40
57.87
62.882.64
5,025.64
72,949.41
447.49
78,422.54
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Charliable Activities
Other Expenditure
112.898.26
520.96
113,419.22
112.898.26
520.96
113,419.22
121.156.60
731.50
121,888.10
5b
TOTAL RESOURCES EXPENDED
NET INCOMING I ( OUTGOING ) RESOURCES
BEFORE TRANSFERS
150.536.58)
{50,536.581
(43,465.56}
ADDITIONS TO & RELEASES FROM FUNDS
2,000.00
12,000.001
NET MOVEMENT IN FUNDS
148,536.581
12,000.001
150.536.58}
{43.465.561
TOTAL FUNDS BROUGHT FORWARD
51,417.56
2,000.00
53.417.S6
96,883.12
FUND BALANCES CARRIED FORWARD
AT END OF YEAR
£2,880.98
i£o.001
£2,880.98
£53.417.56

BELVEDERE COMMUNITY FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS
AS AT 31ST MARCH 2025
Accountlng Pollcles
Accountlng Convention
la
Tho finanGh11 •lalcrncnLv havo bcon prcparod undcr tho hiolorical co
pt Convent￿ and in accord8neè with the Charities Slatement of
Recomrnended Practice ISORP FRS10212015 and the Charities Act 2011. An independent examlnation is reqUI￿d under the
Charities Act 2011.
AbriL*aed financial statements have been filed ￿th Companies House in accordance with the special provisH)n5 of the Comp8nies Act
2006 r8laUng to smallar companles. No audlt Is requlred under exernptbn S 477 of the Companles Act 2006. Ex8fflPtlon has been
tak8n Irom preparir¥J a cashlbw on the grounds that the company qUalif￿S as a srnall company.
1b
Tanglbl• Flx•d As8•ts
D8preci8tk)n is provid8d at th& fc4lLwrflng annual rot¢$ in order lo wrllo ¢)ff ¢a¢h a$$el ov&r Its 8sllm8t8d useful lff&.
C8ntre equipment - 20¢k réducing bolan¢e.
Penslon Cost•
1c
Belveder¢ Communlty Fowm Ltd ha$ offer•d thé NEST ponsion plan lor 011 •llglbl¢ *mploye&s. The staging d4ts for •ultrenrolm¢nt
wa$ August 2017.
Fund •ccountlng
Unrgstrlcted funds Arè 8V8118bl8 for u8• Ot th• dlser•llon of Iha trust809 Sn lurth•r8nc8 of the general oblecttv¢$ of the ¢h8rty.
R951riclgd funds are Subl￿tOd to r&Str￿tions on Ih8lr 8XP8ndilure imposed by th• donor.
1d
TANGIBLE FIXED ASSETS
Offlee Equlpm•nt
Cost
Addltlon
9.139.93
9.139.93
9 139.93
9 139.93
ACCUM￿ated Deprecia￿On 1st Aprll 2024
Ch8rg8 for y88r
6,636.72
496.96
7 133.68
6.014.76
621.96
8 636.72
NET 800K VALUE 31st M8reh 2025
2 503.21
LIABILITIES FALLING DUE WITHIN 1 YEAR
Net wage6
HMRC and Pansion
Accrued exp8r8es
197.20
215.78
1.896.00
2 308.98
752.42
E2 404.42
INCOMING RESOURCES
Unreslricted
General
Rèstrictad
Funds
TOTAL FUNDS
2024125
202312
Voluntary Income and Grants
Don81ions and legacles
Gronl In¢¢m¢
108.50
4,042.87
108.50
4,042.87
5,025.64
4 151.37
4151.37
5.025.64
4b
Charltsble Adlvltles
Rent ofoffice spac¢
Rent of rooms and h811
Café Income
General fundralslng
Other Income
7,789.55
46.165.55
1.661.00
57.00
3.000.30
7,789.55
46,165.55
1,861.00
57.00
3,000.30
17,984.50
47,761.84
6,644.57
558.50
58.673.40
58 673.40
72,949.41
4c
Income from Investment
Bank int8r88t
57.87
57.87
57.87
57.87
447.49
447.49
TOTAL INCOMING RESOURCES
£62,882.64
£0.00
£62,882.64
£78,422.54

BELVEDERE COMMUNrrY FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS
AS AT 31ST MARCH 2025
RESOURCES EXPENDED
restrict d
General
astrlel•d
Funds
TOTAL FUNDS
202312
02
SH Expendlture on ¢h•rltable actlvltles
Peab)dyTrusl- Threè RJVBTS Project
W8ges
P8nslon8
Calè Eypen8
8usinass and Water Rat•$
Ughl 8nd Heal
SBcurity& Flr6 Ajarm
Cleanlng and wa810
Repthrs and Malnt8nan¢¥
Insurance
Po&iagelStJtkneryl Conwrnobles
T¢lephonallntsmet
¢wputer & IT
Aceountgn¢y
Cemp8ni88 HOUS￿ Flllni Foe
Payrcll f888
MO￿l￿g exp8nsas Inc ralfo$hm•nts
Staff frdnlng
Sundryexp8na86
Lagpl and Prolession81 Fa88
1,318.70
60.577.14
89).99
914.10
3.644.82
10,685.59
1.230.$4
8,915.e8
22.531.51
3,116.30
1.154.42
717.57
2.[￿1.72
1.660.00
13.00
496.50
99.00
726.02
375.00
48.00
59,392.96
820.73
o.
3,509.05
30,950.03
2,880.69
292.66
1,868.78
841.70
2.657.19
720.00
1.761.52
1.854.00
8.00
1.225.20
59,392.98
820.73
900.00
3,509.05
JO,950.03
2,880.69
292.6S
1.666.78
641.70
2,657.19
720.QQ
1,761.52
1,e54.00
8.00
1225.2
1,770.7S
1,847.00
112 898.26
1,770.7S
1,847.00
112.898.26
121.156.80
5b Othor exp•ndlture
Depred8llon
Bank charge5
406.
24.DJ
498.96
24.00
621.98
109.54
620.96
520.96
n1.50
TOTAL RESOURCES EXPENDED
£113,419.22
£0.00
£113.419,22
£121.988.10
There are no roslrlcled fund& hald bythB ChBrfty.
romun8ralion was pald and no expen80& %v8r8 r8lmbJr58d to Tru8t••8 th• flnanclol yo8r.
Thare w8r& no rBl8ied party IranBBcllons for tha •rd¢l 31 Morch 2025.
Subslquenl to the year-end, the charfjty's lesse for the Belvedere Community c￿tre w88 tèrmlnai8d on 28th FBbruBry2026. Management
ol the eénlr• waB Irdll5ferr8d to Ago UK Be￿0Y on 131 Mllr¢h 2025 to malntaln ccfflmunlty 86rvlc88.
The Trustees are c￿MItted to •n ordorfy w5ndlng-up prec888. Any re8￿￿81 8$6e*, followlna th• &•ttlom•nl of 811 oul818ndlng lthbilllies, wlll
transferr•d to ¢kner lecal charllgble ¢rg•nl$•iknrA wllh sirnilar obl8ci8. 8n8Urtnp ihal the Fc¢um'i l*J•¢y ¢onYnuoB lo b8n8fl1 the
cthmrnunity.

BELVEDERE COMMUNITY FORUM LTD
INDEPENDENT EK4MINER'S REPORT
FOR THE YEAR ENDED 31 NL4RCH 2025
INDEPENDENT EXAMINERIS REPORT TO THE TRUSTEES OF BELVEDERE Com￿lUN[Ty FORUM
LTD
This report on the fin8ncial stateD)ents of the BELVEDERE COMMUNITY FORUM LTD for th¢ year ended 31
March 2025, which are set on pages 5 to 8 is in respect of an examination carried out in aecordance with sl45 of the
Chatities Act 2011 (the Act).
Regpectlve responsffibllities of the trustees and the examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's tn￿teeS consider that An audit is not
required for this year under section 144(2} of Ihc Charities Act 2011 (the 2011 Act) or under Regulation 10(I)(d) of the
Charities Accounts (Scotland) R¢8ul81ions 2(K16 (the 21KJ6 Ac¢ourtts Re8ulation$) and that an independent examination is
needed.
It is my responsibility to..
examinc ihe accounts under section 145 of the Charitie8 Act 2011 aud section 44(1)(c) of tFLe Charities and Trustee
Tnvestment {8cotland) Act 2005 (the 2005 Act)
lo follow th¢ proLedurcs laid down in the ¥enerul Directions given by the Charity Commission under section
145(5)(b) of the 2011 Act. and
to state whether parti¢ular matters have come to my attention.
Basls of Independent examlner's report
Our examination was carried out in accordance with the General Dircctions giv￿ by the Charity Commissioners. The
examination includes a rcviLw of th¥ arcounling ie¢ords kep( by the charity and a comparison of the &ccuunls presented
wiikn thos¢ recoTds. It also itjcludes CODsideralion ofany unusual items or disclosures in th¢ a¢¢ounts and seeking
cxplanations from you as tru5tec8 rollLerning any such matters. Thc procedures unrkrtaken do not provide all the evidence
that would be required in an audit, and consequently we do not cxpress an audil opinion oll thc view given by the accounts.
Independent examltter's stAtement
In Lonnection wilh our examination. no matter hus come to our attention..
(l ) which gives us reasonable cause to believe that in any material respect the requircmenls..
to kccp accounting reLords in accordancc with section 130 of the Act,. and
to prepare financial statements which accord with the a¢¢ounting r¢cords and comply with th¢ requirements of
the Act..
huve not been met. or
lo which, in our opinion, attention should be drawn in order lo enable a proF¢r understanding of the accounts to
be reached,. or
which ¥ives us reasonable cause to believe that in any material resp¢¢t the accounting rules of the ¢harity's
constitution have not been met.
Gemma L Fogarty FCA
Sidler Davies
Trading 4$: Fin$bMry Robinson Ltd
Top Floor, Wes¢ Hlll Hous
Dartford,
Kent DAI 2EU
Date: 2211212025