Hi Paul
Like Ian (shipwright) I have used Mark's spreadsheet with success. However there are one or two things to resolve before this is required:
The pulley looks (to me) to be a custom made aluminum one, I think the fixing is , or was, an allen screw that has been 'rounded' by over tightening andor a poorly fitting allen key. This said, the pulley can be removed although destroyed in the process using a Nutsplitter **LINK**.
To experiment to try to determine the size of a suitable replacement pulley I would try, wrapping two or three turns of plastic tape tightly round the existing pulley (blocking the groove) replace the belt, and try a run. You may be able to temporarily increase the size further depending on how much stretch in the belt. If this gives improvement measure the overall diameter if no improvement remove the tape (back to basics)
Cheers Tom
Silly afterthought would it be possible to change the prop