Registered Charity 295729 The BehTedere Conmiuni Association onunittee Re rt and Accounts e Year ended 310t March 2025
Reglstered Cbarlty No. 295729 The Belvedere Communi Association Mana ement Committee Re ort st For the Year ended 31 Marth 2025 Pages 1 & 2 Annual Report Independent Examiner's Report Illcome and Expenditure Account Balance Sheet Notes to the Financial Statements
Registered Charity No. 295729 The Belvedere Communi Association Mana ement Committee Re ort or the Year ended 31" Mareb 2025 Th¢ B¢lv¢dw¢ ConnnIty Association. Belvoir Stre¢L Norwich. NR2 3AZ is registered with the Charity Commissioners No. 295729 and constituted by Deal of Tn. The Charity is administered by a ManagemMt Committee con]prism8: ChairnLqn SMBettS J Blatth Jcox L Ellingham S Hague J Hannant D Jennings T Mcilwaine J Patterson Indep¢nd¢nt Examin¢r Kevin J. Rhin(I Chartered Accountant Hernpstead House. Hempstea Norfolk. NRI2 OSH. Bankers HSBC plc. 18 London Stree¢ Norwich. NR2 ILG. The object of the Charity is to establish, m8intain and a Community ctre rnie Belvedere Commwty Association) to provide facilities in the inter¢sts of social welfare for recreation and leisure time oCCUP10n with the object of improvin8 conditions of lif¢ for the said inhabitants of the Central West areas of Norwich. The total incoming resources for the year were £32.163. cornpared to £34,166 in 2024. The fall in incoming resources this year is mainly du¢ to a transfer in 2024 of £5,400 from the Belvedere Social Club followin8 th¢ closure of its bank aUnL The income from hiring the centre to local nnunity grp$ and Privat¢ hire has increased to £14.789 (2024: £13,952) as th¢ Management Committee have been able to maintain the l¢v¢l of regular user groups. These groups and the café remain the main sources of income for the centrc. The total expenditure was £28295, which subthitially lower than in 2024: £39.655, which is mainly due to a substantial refund in VAT that was incorrectly charged on our electricity supplies of £8,383. There was also a substantial cost of repairs in 2024 as although the Management Committee onty carry out essential repair& the centre is at an aBe when it does now require a lot of investm¢nL IMt there we not the fidS to C8fry tbis out and to brin8 it back to the stand8xd that the Management Committee would like. The total unrestricted fid$ carried forward are £l2.102 {2024 - £8.234). whith is as noted above thie to the refund of VAT incorrectly charged in previous yeats which we were after a substantial amount of CorTw>0ndly and hard work able to obtai Although or financial situation is much better this year. we are still effectively nulg at a deficit so unless the centre can g¢nmte more income from the hire of the ¢Mtre and obtain grant funding for core com then it nms the risk of havin8 to close due to a lack of reserve& The Manag¢ment Committee Continue to seek grant funding but in the current economic climat¢ this is proving very difficulL Page I
ReglgteTed Chartty 295729 For the Year ended 31° Mareh 2025 Rc5KVe3 Polic The Manag¢m¢nt Committee aTe aware thai a]thou8h the centre mad¢ a surplus this year. over the last three Yea there has been a cumulative Teduction in our reserves of £14.198 and it now in where thc rerained r&Ve$ are probably only enough to coverthe costs of nmning thc n¢t of th¢ income from thc rent of it to local gn)ups and from the café for Ibe next Iwo to tbree years It will therefo need to CODlinue to 8edL to illore¢ ils income ond lo kecp a very tighi control over the cxpcnditur¢ The Management Con11tte¢ are thereforn actively seekin8 additional fuDdiD8 and lookin8 at wb¢re sts ¢an be sove Ov¢rall. in light of the abov4 the malla81 c(MJUnitt believe that the level of reswies bcld is not sufficient to ensure that the G¢ntrc will be able to owate for th¢ o¢xt 12 months. ew f Achie Th¢ Gentre was ablc to OP¢rnte much moY¢ normally this yw aod to able to once again provide affordable venues for local community grou gs well As a café and meeting place for local residents. The DAanagcmenl Committee seeks to encourage addilional seclions and clubs lo forni to use Ihe Commuoiiy Centre facilities god JJJaJw8ement expertise as well As lo suppor4 promote and assist GufTent U8erJ. This report VAS approved by the Management Conmnittee on 19th February 2026 d si8ned OD their behalf. P4ye2
Registered Charity No. 295729 Inde eDdent Examiner>s Re rt to the Mana ement Commi The Belvedere Communi AssocAation For the Year end 31°'M reh 2025 This report on the financial statements of The Belvedere Comrnunity Association for the year ended 31$1 March 2025, which are set out on pagcs 4 to 6, is in respect of an examination carried out under the Charities Act 2011 ("the Act"). Res ective res onsibilities of Man ement Committee d examin As tlie diarity's Management Committee, you are responsible for the preparation of the accounts in accordanc¢ with th¢ i¢quitNnents of the Charities Act 2011 ("the Act"). f ind enden My VMMation was carried out in accordance WAth the General Directions given by the Charity Commission under Section 43 (7)(b) Charitics Act 201 l. An examination indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or th'sclosures in the accounts and seeking explanations from you as Management Committee concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audi( and consequently. I do not express an audit opinion on the view given by the accounts. In connection with my examination, no matter has come 10 my attention: l. Which gives me reasonable cause to believe that in any material r¢sp¢ct of th¢ requirements; to keep accountin8 records in accordance with section 41 of the Act; and to prepare aoUnts wliich accord with the accounting records and to comply witli the accouniang requir¢m¢nts of th¢ Act; hav¢ not b¢¢n met; or 2. to Whic in my Opinio attention should be drawn in order to enabl¢ a proper understanding of the accounts to be reache KEVIN J. RHIND CHARTERED ACcOutrANTs Hempstead House Hanpst¢ad Norwidi NR12 OSH Dated this 19th day of Febrnary 2026 Page 3
Registered Charity 295729 edere Communi Association Inconie and Ex nditure Account For the Year ended 31" M2rch 2025 2025 2024 INCOMING RFSOURCFS ReBular User Groups Room HAr¢ Private Function Hire Sections induding Comrnty Events and Cafe Belvedere Social Club Fund Raising xncluding Grants 13.499 1.290 13,952 632 17.332 13.682 5.400 500 42 Total lDcomiDg Resources 32.163 34.166 Direct Costs Sections and Community Events Bar and Caf¢ supplies Laundry. Cleaning and W&%tc 1.503 818 13.004 373 3.578 13.644 15.325 17.595 EXPENDITURE Light. Heat and Power Rates and Water Repairs and Renewals Gard¢n Costs Tel¢phone Office Costs and Stationoy General Insurance Licences and Subscriptions Accountancy Mileage and Call Out Expenses Sundry Expenses and Bank Charges Depreciation 9.247 723 191 13.346 927 3.041 62 473 73 968 494 621 482 375 600 290 1.073 713 19 712 11970 22.060 TOTAL FXPENDITURE 28.295 39.655 NET SURPLUSI(DEFICIT) FOR YL4R £3.868 £(5,489) The notcs on page 5 forn part of th¢s¢ accounts Page 4
Registered Charity No. 295729 tion ere Communi Balance Sheet As At 31" MAreh 2025 2025 2024 FKXED ASSETS (Note 2) 1.427 2,140 CURRENf ASSETS c.ash at Bank Cash in Hand 11.225 50 8,270 50 11,275 8.320 Crcditors and Accrued Expenses 600 2.226 NET CURRENf A&SETS 10.675 6.094 TOTAL A&SETS LESS CURRENT LIABILtTIFS £12.102 £8.234 REPRESENfED BY: UNRESTRIcfED INCOME FUNDS As at 1st Apnl 2024 Net Mov¢m¢nt of Funds for the Ycar &234 3.868 13.723 (5.489) ACCUMULATED FUNDS AT 31 IIIARCH 2025 £12.102 £8.234 The notes on page 6 forni part of these accounts Pirye i
Registered Charity No. 295729 The Belve ere Cojnmuni Association Not&% to the Flnancial StsteDRents or the Yesr Ended 31st Marth 2025 ACCOUNG POIJCIFS Accounting ConveDlion The accounts ]Mve been prqwed ulld the historical cost Conventio and in accordance with the Statement of Recommended Practice ts charities (Charities SORP FRS102), whtte applicabl& Depre¢ialioD Depreciati is provided on all tangible fixed asset& after th¢ taking into account of any rettivable. at the following annual rates in ordtt to write off the cost of each as over its estimated usthl life: Fixtures and Fittings 25Yo written down value. TANGIBLE xED ETs Fixtures & Fittings Cost At Est April 2024 And At 3 1st March 2025 28.429 Depreciation At 1st April 2024 Charge for ycar 26,289 713 At 31st March 2025 27,002 Net Book Value At 3 1st MaTch 2025 1.427 At 3 1st Match 2024 2,140 Page 6