BELLE VALE COMMUNITY CENTRE
community resource centre
Financial health, per its FY2025 accounts
The accounts state that the charity returned a net deficit of £5,732 for the year ended 31 March 2025, with total income of £136,122 against total expenditure of £141,854. Per the trustees' report, unrestricted reserves stood at £268,984, while the stated reserves policy is to maintain liquid resources sufficient to support the charity for 12 months of operation. The trustees noted that liquid funds represented around 4 months of running costs and expressed confidence that further progress toward a surplus is possible.
What the accounts disclose
“Ignoring amounts due from its subsidiary undertaking, the Charity had around £50,000 in liquid funds, which represents around 4 months running costs.” — page 5
“The Charity currently has only two Trustees. This is below the minimum level of three, set out in paragraph 25 of its Articles of Association.” — page 7
“Pension creditor 126” — page 14
“Lee Valley Trading Limited is the charity's trading subsidiary” — page 16
Trustees
- CHRISTINE FRIEND
- Jennifer Darracott
- ROY CONDON
- Vivien Graham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £136k | £142k |
| 31/03/2024 | £122k | £135k |
| 31/03/2023 | £133k | £164k |
| 31/03/2022 | £124k | £139k |
| 31/03/2021 | £118k | £122k |
Common questions
Is BELLE VALE COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity returned a net deficit of £5,732 for the year ended 31 March 2025, with total income of £136,122 against total expenditure of £141,854. Per the trustees' report, unrestricted reserves stood at £268,984, while the stated reserves policy is to maintain liquid resources sufficient to support the charity for 12 months of operation. The trustees noted that liquid funds represented around 4 months of running costs and expressed confidence that further progress toward a surplus is possible. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/07/2025 | £20k | Community Vitality Project |