R¢pitered Charity No. 295729 F r th Year ended 31" Mxreh 2021 Reg&itered Charity 295729 The Belvedere Communi t Commi ed 31° M*rch 2021 F rtheYe*r 1 & 2 Annual R¢wi IndqThdent Examiner's RqKx1 Bolan¢¢ Sheet Notes to the FinaTrciai Statemeats ReBtst¢red Clwity No. 295n9 The Belvedere Communi For the Year ended 31 Marth 2021 The Belvedete Commullty AssOo8tio￿ Belvoir Stre< NoThvith. NR2 3AZ is re￿ed with th¢ ChaTity Conm)issionrys No. 295729 and ¢onsbtuted by Deed of TrusL SMBetts Jcox L Batch L Ellingkn J Hann8nt S Ha8U¢ D Ja)nin8S T M¢ilw8ine Kcvin J. Rhinll Norfolk. NR12 OS Bankers HSBC Bank pl 18LonsknS Norwic& NR2 ILG. The object of thc Chwity 1$ to establisty maintain alld a Commimity Catre (Th¢ B¢lved Commwiity Association) to provide &ilitie5 in th¢ intuests of soGial w¢lkn for reLYeation and leisure time occupation with the obje£t of improving conditions of Jifr for the said inhabitants of th¢ tr81 West ar￿ of NoThi Fitt￿¢121 Review The total incoming resources for th¢ year wtre £40.374. which LYmlPTh to £37,917 foT 2020. As llotcd in the Managetnent Committee. Rwrt for the y¢ar ¢nd¢d 31 March 2020. because of the coronavi￿ the Ccfflltllittee d￿Aded to close the Centr¢ in eaJty March 2020 on health and safety 8rounds bearing in mind the av￿¢ age ofm05t of th¢ whi¢h put than in the higb-risk The Tn￿t remained closcd for a ¢onsiderable pfftt of this year. so it bas relied on 8rants to provid¢ most of its incom¢ in thigyear. The Tnjst re￿IVed 8raots from Norfolk County Cowi¢il of £28,7fXI and from NNH&C ￿le Fund of£8,750. The Social Club w89 unable to the bar durin8 this pryiod and with the ongoing con(￿nS over the Corona Virns and health and safrty i&W¢5 it did not re-open until April 2021 and on greatly reduced hours. The total exp¢nditur¢ w8$ £36.447. wbich is a ￿bstantial decrease on 2020 - £54.853. which is mainly beLause of the fact that th¢ C¢ntr¢ w85 closed for a large ￿t of the year. which m¢ant th* the cost of th¢ sKtion4 which indudes the daity lunthffj annual holiday lJip for the rneMb￿ and the family fiw dty were subthi1ia]ly lower. Th¢r¢ has also been a sub#•ntial d&x8e in the cost of8as and el￿trIC used due to the Cffltrc b¢ing dosryl (hlting the year. lThc Commi1￿ h•vc T¢pW a kn ofihe fumitwe ¥bd fiuiny dwin¥ ihe y￿r wcll *scwryiDg a comidcnth of thc ccntrc. whikt li *•¢105c4 and fvmiMw¢ was *vailabl¢ at very low pic¢% k) other ¢￿Ing￿￿1￿￿'. 1kn¢ lotal unre$thL￿ funds fon¥•rd ar¢ £39.(W12020. £35.133). wlmth is mginly du¢ ts> the l¢vel tsf 8rnrt1 fvndinB rtteivtd in Ihe year Ind • in I1￿ oyKndilure Ikn io th¢ C.£nlre ¢kn¢d for Pu￿•r yc4r •Thl oot &. C(Y(ffj•Vi¥U5 rcWicti¢JiiL The M•na8em¢M C(onmiiicc conj1derth￿ tr*cause ofiFK kThiiNin8 Corom VinLS ￿nth1o￿ in itr year ¢0 31 March 2￿22. Ihe red￿￿100 in th¢ b•1 I￿￿1n8 houts •nd the thciJiott kin8 priv•ie f￿￿10￿% hif¢. b¢caw of ihe eoo lh￿ Ih¢y iwjr lttk Of volwil¢ttS 10 0&￿1¥¢¢ th¥. c¥ttrc for Th￿ I1￿ ik C¥TlrL' will inmw a ¥ub5tsntial fall in tk ncxi Ihr yurn. whisi Ihe eore e0wofmAi￿•Inths will e•thifyue kn Incr￿¢. In vicw ofihis li il exped&l I1￿ th¢ c¢ntye will irKur 4 thf*ii IA a¢h of th¢ rKxi th￿¢ tlnw*i•l Twhi¢h will up tr* of rescr￿ hcld. Takins this into account. ltr￿ ire insuffKiern ffs¢rveg4v4il•ble ￿ urry oui w fvwre Modem1￿11 or TrfwbithnKni orth¢ ¥cnw¢ Witho￿ athliiiornl rn fuy￿•￿s b¢in8obttiM￿ whiLth in LurNYil Llim•tt is pMvin8 very difficuh ￿ ottsifi. Ov¢rnll. in li￿1 ottr* obDT>*. Ihc M•w¥mYA C¢xMiiUge the lovel of re¥er¥*s held is jIWlifi¢d th¢ oftrrt th¢ fwry¢ Bccau%c ofik vin￿ ￿trIcI1¢￿. Ihc ¢¢rt￿ w•$ ¥l(*d f<)T • part ofilK' ycv which mc4ni th41 our uKofil by ik xc¢ioM f¢8uIM 8rc*ly ￿1n¢*d. 14owcv¢r, Ihe M•n*nl con￿111&￿ sKe¢Asful in otrMinin8oubAonliil af rur￿1￿11. which hA¥ th￿ ihe onBiJin¥ ￿>Sts ofnthnsng ihe ¢¢rAY¢ even when li WA6 emwy hve been Will￿￿1 trthvi￿ io redKe re A8 in¢om¢ If(Kn ihe cenir¢ 1$ eXFW￿ to r￿1 wl>wisilly ifi ibe eomin8 duc 10 the I¢￿.11￿ in ¢k Dpenin¥ IM￿1￿. Ihe thci¥ion W *op kkin¥ hir¢ Ix>okiny and Ihe nuni￿rOrfflt￿berI li r¢du¢in8 (￿lf aye I￿r}le. th¢ re¥tr￿ txpedtd to fall thi•￿1#11Y gver the Mxi fv¢e Thc MgnJ8cmert Cwmincc sccks •ddition•l sccrion5 •nd Clubs w forni to thc Cvmniuniry f4¢ililic5 cX[￿￿•s¢ ￿ well 5uppryI, 4Th1 A¥5iSl ¢uNeni usern. Tri• w•$ 4pwo¥¢d by lh¢ Cthwnirfet th Iooaobef 2024 •nO ii8rtd their b¢hJlf. S M B£ThS-CHAIRMAN Regbtered Clwity 295729 Inde endent Examiner's Re rt to the Mana Communi For the Year ended 31° March 202] eDJent CoDuDi This T¢POrt M the financi￿ stat¢M￿ts of The Belve4kne Commutiity Association for the year ended 3 lji March 2021, vthich 8re set out on pa8es 4 to 6. is in respe Th¢ pro undertaken do not provide all thc cvid¢DC¢ that would be required in an audil and ¢onsequ•dy. I do Dot ¢xpr¢ss on audit opinion on the view 8ivcn ty thc l. Which 8ives me reasonabl¢ Gaus¢ kn b¢li¢ve that in any ttwerial re4￿t of the wuiranents; to keep ￿)Unt￿8 in ￿￿rdIn¢L with stttion 41 of the Act. and to prepar¢ ￿Unts which accord with the xcounting rtrA)rds and to comply with th¢ a￿ountin8 r4uiremeDts of the Act. b8ve Dot be￿ m¢ or 2. to wbicty in my opini¢￿ attention should be drawn in orts to Aabl¢ a pr¢y undu*andm8 of the CHARTERED AccOU￿ATr Hempstead Hou8¢ HempstevAI Norwich NR12 OSH Dated this 31* day of octob￿ 2024 P￿5 ReBL8tsred Charity No. 295729 The Bel Intome and Ex diture At unt For the YeAr ènded 31° Marth 2021 2021 2020 INCOMING RESOURCLS SubsGTiptions R¢gular User Groups Room Hire ivate Funclion Hire Sections includin8 Collm]UDity Events and Trips Bar Profit Fund Raising including GTAnts Baok tnterest and Compensation Reccivcd 400 1,750 240 925 11,605 1.026 264 21,523 37 2,664 137 37,720 Tot41 In¢oming Re4ourc¢s 40J74 37.917 Dir¢et Costs Sections and Community Events Bar and Café supplies Laundry. Cleaning and Wast¢ 671 976 12.754 31.802 6,889 £14,401 38.691 EXPENDITURE LighL Heat and Power Rates and Watcr R¢pairs and R¢new8Js Gard¢n Costs Td¢phone Offi¢X Costs &ttd Stationery General Insurance Licenc¢s Subs¢riptions Acwuntancy Mileage and Call Out Exp¢Dses Sundry Exp￿8¢5 and Don81ions D•iation 5.117 548 9,415 1.522 1,376 108 8,576 739 328 410 714 451 1.542 530 492 919 727 734 516 549 550 22.046 16,162 TOTAL EXPEIYDITURE 36,447 54.853 NET SURPLUSI(DEFIC￿) FOR YEAR £3,927 16.936) The notes on page 5 fonn part ofthese aC￿Unts Pase 4 R*tered Chgrlty No. 295T29 Bknce Sheet As at31° Marth 2021 1021 2020 FIXED A&SETS (N(xe 2) 1.652 2.202 C8sh at Bauk Cash in Halld 37,874 50 34261 50 37,924 34Jll Creditors and Arxryed Exprnses 516 1.380 NET CURRENT A&SETS 37.408 32.931 £35.133 As at 1st April 2020 N¢t Mov¢m¢nt of Fund8 for the Ye 35.133 3.927 52.069 (16,936) ACCUhfULATED FUNDS AT 31 MARCH 2021 £39.060 £35.133 The notes on pa8¢ 6 fonn part of these Wmmts Péy5 Rryistered Charity 295729 The Belvtdere Conullunl Assodado Notrs to the Flnanefial Statemtnts 31 2021 ACCO￿1NG POIICIES Afcowitlng Convthtlon Th¢ ac￿￿nts have been preparnl under the historical cost conventio￿ and in a¢¢ord8ll¢¢ with the Statement of PrActice for chatitics (￿tieS SORP FRS102). wh¢r¢ applic4bl¢. DepreeiatloD Depreciation is provid￿ on 811 t•ngil)le fixed after the tsking into account of y 8r8nts Teceivabl4 at the following annu9] rates in order to write off the of Fixtur¢s and Fittin8S 25% written down value. TANGIBLE FIXED A&srrs Flxtuw & Cost At 1st April 2020 And At31stM8rth2021 25.009 Deprttladon Ai 1st April 2020 Char8e for year 22,807 550 At315tMttrth2021 23,357 Net Book v￿￿e At 3 1st March 2021 1,652 At 3 1st Mox¢h 2020 2,202 Pogt 6