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← Roc Solid

2025-03-31-accounts

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

Charity registration number 1123959 (England and Wales) Company registration number 06343524

ROC SOLID

(A COMPANY LIMITED BY GUARANTEE)

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr D Butler
Mrs D Butler
Mr P Hetherington
Mrs S Bishop
Mr G Spencer
Ms N S Barnsley
Mr M A Close
Mr D J Franciosy (Appointed 30 October 2024)
Mrs J K Richardson (Appointed 30 October 2024)
Secretary Mr D Butler
Charity number (England and Wales) 1123959
Company number 06343524
Registered office Hope House
Burnhope
Newton Aycliffe
County Durham
United Kingdom
DL5 7ER
Auditor Azets Audit Services
Wynyard Park House
Wynyard Avenue
Wynyard
United Kingdom
TS22 5TB
Bankers Lloyds Bank plc
19 Market Place
Durham
County Durham
United Kingdom
DH1 3NL

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) CONTENTS

Page
Trustees' report 1 - 8
Statement of trustees' responsibilities 9
Independent auditor's report 10 - 12
Statement of financial activities 13
Balance sheet 14
Statement of cash flows 15
Notes to the financial statements 16 - 27

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

ROC Solid is a supported housing charity, housing and supporting people with a vulnerability who are at risk of homelessness and helping them take steps to greater independence.

Our 8 core values define who we are and how we work with people, they are at the heart of everything we do, these are:

ROC Solid is a charity which offers accommodation and housing related support in the Northeast of England. ROC Solid aims to assist people to live independent lives by encouraging people to develop day to day life skills, leading to greater independence and helping them to take control of their own lives and ultimately making the successful transition to achieving their own tenancy and independence.

ROC Solid delivers services across two main areas of delivery, these are;

Registered Supported Accommodation Service .

This service is an Ofsted registered supported accommodation service delivering supported housing to 16-17-year olds in HUBs that contain a number of self-contained apartments with a specialist support worker team on sight 24/ 7. The service delivers appropriate key working support to enable young people to move to independence.

Community Supported Accommodation Service.

This service supports post 18 people in single occupancy properties. They are supported by a dedicated and specialist team of support workers who deliver agreed hours of individual key work and supported people in achieving their own tenancy and independence. People may move to this service from our registered service on their journey o independence, this is known as our ‘Stay Close to Home’ model. People can also refer into this service from other routes such as self-referral or local authority referral.

Our award-winning supported housing charity has its roots planted in safeguarding and good social work practice. Since 2007 it has provided support to people with a range of vulnerabilities who are homeless, or at risk of homelessness across County Durham and Teesside, this includes people who:

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Durham Services

Our service delivered in County Durham supports 58 people across 40 properties, of these, 10 apartments are within an Ofsted registered supported accommodation HUB supporting young people aged 16–17. This HUB provides up to 8 hours per week of keywork to each young person.

The remaining 30 properties are within the local communities and are supported with up to 5 hours a week each of outreach keywork.

The support we provide can be for a variety of reasons, including living skills, budgeting skills, employment and training, appointments, parenting skills and benefit support.

Darlington Services

Our service in Darlington is an Ofsted registered HUB of 11 self-contained apartments commissioned from February 2025 and supports 16-17-year olds. The first admission was placed in March 2025. There are no community properties in Darlington during this reporting period.

Teesside Services

Our service delivered in Teesside supports 48 people across 37 properties, of these 8 are delivered from a HUB in Billingham, delivering specialist services to separated migrant children under our Ofsted registration. This service is block booked with Stockton Council.

Another 7 apartments are delivered at a registered HUB in Stockton. This HUB delivers supports accommodation to 16-17-year olds.

The remaining 22 properties are within the local communities and are supported with up to 5 hours a week each of key working outreach delivered by our Community Accommodation service.

The support we provide can be for a variety of reasons, including living skills, budgeting skills, employment and training, appointments, parenting skills and benefit support.

Property summary

Durham;

Hope House HUB – 10 Apartments

Community Housing – 30 Units

Darlington;

Butler Grange HUB – 11 Apartments

Teesside;

Bramble Beck HUB – 7 Apartments

Hetherington House HUB - 8 Apartments

Community Housing – 22 Units

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance

During February we finalised the development of an 11 apartment HUB in Darlington. This is a registered HUB that will deliver supported accommodation to 16-17-year olds. Darlington local authority have block booked 4 of the apartments for the first 12 weeks of opening. Working with an investor this HUB (Butler Grange) was developed in line with our requirements and standards to ensure our young people are provided with the highest quality accommodation and support possible.

During this reporting period ROC Solid has increased its offer of Ofsted regulated service by 44% and increased its offer of community accommodation by 38%.

During this period, we developed our service to include supporting displaced migrant children across our registered HUB service. In partnership with Stockton Council we have developed a specialist displaced migrant children service in Billingham. This is a block contract for 8 apartments.

ROC Solid managed to maintained a positive cashflow and finances resulting in a small surplus for 2024-25.

ROC Solid received over 730 referrals across Teesside and Durham and on average was able to accommodate just over 5% of the referrals.

ROC Solid has supporting an average of 128 people over 88 properties in Durham and Teesside, an increase of 7.5% on the previous year.

Across ROC Solid there has over 600 hours per week of support worker staffing capacity to support the delivery of our services.

20% of those we supported successfully moved to semi-independent or fully independent living.

During the period April 2024 – March 2025 we received the following donations:

£
DCC 500
LandAid 28,500
Screwfix 4,500
Police & Crime Commission 500
34,000

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Future planning

Following the achievement of growth in our registered HUBs during this reporting period, ROC Solid will shift focus. During the 2025-26 period ROC Solid will focus on the growth of the Community Accommodation service, increasing the number of appropriate single occupancy properties across the service areas.

ROC Solid will be extending its Community Accommodation service into Middlesbrough Council area. An additional 8 community properties will be secured at the request of Middlesbrough Council to support the move on of young people turning 18 who are supported in our registered service commissioned by Middlesbrough.

We have begun a governance process to begin a partnership agreement with YMCA North Tyneside as a registered housing provider (RP). This partnership supports the growing trend that Local Authorities are looking for providers who are RPs or partner with RPs. By working with RP providers, Local Authorities are able to maximise financial income, allowing them to claim back 100% of housing benefit claims from central government, as opposed to nonRPs, in which they can only claim up to 75%. Our agreement with YMCA will be under their ‘Regulate and Protect’ service. There will be a charge for this service on a per property per week basis.

We will be maintaining the current number of HUBs at four (4). Our key focus for the forthcoming year is ensuring that we are able to continue to run our registered services, maintain income levels to build a suitable surplus and continue to support staff and those we provide services to.

We will continue reviewing and planning for increased income from other sources including grants and contracts with statutory providers.

ROC Solid will be aiming to continue to deliver its award winning an outstanding service in line with our aims and objectives outlined above.

Financial review

The principle funding sources for the charity are through contractual arrangements with statutory services provided by the Local Authorities of Durham County Council, Stockton Borough Council, Middlesbrough Council, and Darlington Council. Some small provision was received from other sources including grants and donations.

The finance team consists of an Accountant, Finance Manager, and Finance Assistant.

The Group has a 20-year financial standing, underpinned by a series of checks and balances through our SAGE line 50, Xero, Webroster and Charms systems.

Cash flow forecasts are produced monthly along with monthly P&L accounts split by service. These are discussed at Executive Leadership level along with reasons for any fluctuations.

The team undertakes daily monitoring and checking of all bank accounts.

The Group re-invests part of its profit into business development. This includes developing current services and expanding into new areas within the scope of the skills and experience of the management team.

Going concern

The net incoming resources for the year amounted to £100,788 surplus (2024 - £242,461 deficit). The amount carried forward in unrestricted general reserve now stands at a surplus of £16,174 (2024 - £79,775 deficit) and a restricted reserve surplus of £56,884 (2024 - £52,045).

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Reserves policy

Reserves and designated funds

In line with Charity Commission guidance, the Trustees consider readily realisable (free) reserves to be the amount of reserves that are easily converted into cash should the need arise. This therefore excludes restricted funds, designated funds, and any part of unrestricted funds not readily available for spending.

Trustees are responsible for determining the correct level of free reserves required by ROC Solid based on a consideration of the needs of the business, the risk of potentially volatile donation income, and declines in contractual or grant income from statutory bodies.

The normal policy of the management committee is to ensure that all expenses are fully funded and that reserves are hopefully sufficient to cover our expenditure commitments for 6 months.

Excluding depreciation, the policy currently provides for reserves of £425,000.

The trustees are satisfied with the growth in reserves in the current year and aim to attain the levels set by our policy. However, this will not be achieved to the detriment of the people we are set up to support.

Major risks

Risk factors

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Operational risk

To minimise risk all staff are required to achieve a minimum level of qualification in Health and Social Care Children. They are supervised regularly and have an annual appraisal when their competence is assessed and any training identified to enhance performance. All staff receive a personal development plan and access our internal training programme. Our services are fully insured and we have comprehensive policies within our Employee Handbook, including whistleblowing.

Reputational risk

Business reputation can be broadly defined as a set of collectively held beliefs about a company’s ability to satisfy the interests of its various stakeholders (CRR 2007). We believe our good reputation is key to our success. The drivers we have put in place for maintaining a good reputation include:

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Risk management

Our services are inspected and monitored regularly by the services we hold contracts with including local authorities and Ofsted. If any compliance issues arise we put an action plan in place to ensure necessary standards are met, this could include policy revisions, procedural updates or additional training to make sure we meet required industry and regulatory standards. ROC Solid is registered with Ofsted for supported accommodation.

ROC Solid has developed an approach to good governance that includes the development of a strategic risk register and a risk management strategy which reviews the risks that the charity faces and has established a system and procedures to mitigate those risks. An overall organisational risk management plan is in place.

Operational risk assessments are carried out regularly and recorded in relation to individual service users and clients, events and activities, staff, visitors, and commercial activities. The service has a Business Continuity Plan. The trustees will review the risk log and mitigating actions on a regular basis.

Our employees

During the period April 2024 – March 2025:

We continue to be committed to safe and effective recruitment, selection and retention processes of all employees. We work jointly with our recruitment partner. Purple Tribe ensure a robust and effective safer recruitment process.

Structure, governance and management

ROC Solid is a charitable company limited by guarantee, incorporated on 15 August 2007 and as a charity on 6 May 2008.

ROC Solid is a company governed by its memorandum and articles of association. The main document governing the conduct of the Trust's activities is the charity's constitution. It is a registered charity with the Charity Commission.

ROC Solid does not have a share capital and the guaranteed liability of each member (trustee) is limited to £1. No member of the Board has an interest in shares required to be registered and reported under the Companies Act 2006.

ROC Solid is overseen by a Board of Trustees, which consists of seven Trustees led by the Chair, and they all provide governance to the organisation. The Trustees formally meet as a Board at least four times a year to discuss, challenge and review the activities of ROC Solid.

The Trustees act on a voluntary basis and receive no remuneration for the performance of their duties. Trustee indemnity insurance is in place and paid for by ROC Solid.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr D Butler

Mrs D Butler Mr P Hetherington Mrs S Bishop Mr G Spencer Ms N S Barnsley Mr M A Close Mr D J Franciosy (Appointed 30 October 2024) Mrs J K Richardson (Appointed 30 October 2024)

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Recruitment and appointment of trustees Trustee appointment, induction and training

Trustees are recruited in line with the Trustee Recruitment Policy to ensure suitability for office, based on experience, skills, and knowledge. Trustees also have to present themselves for reappointment in line with the Memorandum and Articles of Association.

Members can be recommended by the board for election as a director/trustee or notice has to be left at the registered office, not less that 3 or more than 21 days before the AGM, by a member giving their intention of proposing a person and that person also has to submit a notice stating that they are willing to be elected.

Succession planning is a key focus for ROC Solid Trustees. Once appointed, trustees are expected to, as part of their induction processes, spend time with the professional staff to give a comprehensive overview of the company.

New trustees are provided with key documentation to allow them to understand the role and

responsibilities of the trustee function. An induction process is in place and additional relevant training is available for all trustees. Trustees are expected to visit our services and take part in communal activities and events. Trustees must also agree to adhere to our Code of Conduct, Data Protection Policy, Declaration of Interests requirements and undertake regular DBS checks.

Trustees undertake a regular review of their effectiveness against the Charity Governance Code as well as reviewing their skills mix.

Trustees hold office for three years from the date of their appointment at the end of which they shall be eligible for re-appointment for one or more further terms of three years each but having served their maximum term of office of nine consecutive years shall not be eligible for re-appointment until one year after their retirement as a ROC Solid Trustee.

During 2024, no trustee reached the end of their term of office or resigned.

During 2024, two (2) new Trustees have been appointed, bringing with them valuable knowledge in the housing and finance sectors. Janet Richardson and Darryl Franciosy attended their first trustee meeting on 30th October 2024.

Public benefit

In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit. The charity relies on the income from fees and charges to cover its costs, grants, donations and operating surpluses.

Affordability and access to our services is important to us and one which we constantly review, as are the costs associated with delivering our services.

Strategies employed to achieve the Charity’s objectives will be to:

Auditor

In accordance with the company's articles, a resolution proposing that Azets Audit Services be reappointed as auditor of the company will be put at a General Meeting.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID

(A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The trustees' report was approved by the Board of Trustees.

[Derek .............................. puter

Mr D Butler Trustee

29 January 2026 Date: .............................................

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees, who are also the directors of ROC Solid for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ROC SOLID

Opinion

We have audited the financial statements of ROC Solid (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ROC SOLID

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ROC SOLID

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

8D183F9DE48B44B... Joanne Regan FCA (Senior Statutory Auditor)

For and on behalf of Azets Audit Services, Statutory Auditor Chartered Accountants

Wynyard Park House Wynyard Avenue Wynyard TS22 5TB

29 January 2026 Date: .........................

Azets Audit Services is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
2
-
34,000
Charitable activities
3
1,986,445
-
Total income
1,986,445
34,000
Expenditure on:
Charitable activities
4
1,883,413
36,244
Total expenditure
1,883,413
36,244
Net income/(expenditure) and
movement in funds
103,032
(2,244)
Reconciliation of funds:
Fund balances at 1 April 2024
(79,775)
52,045
Fund balances at 31 March
2025
23,257
49,801		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
34,000
4,134
2,938
1,986,445
1,392,045
-
2,020,445
1,396,179
2,938
1,919,657
1,637,291
4,287
1,919,657
1,637,291
4,287
100,788
(241,112)
(1,349)
(27,730)
161,337
53,394
73,058
(79,775)
52,045		 Total
2024
£
7,072
1,392,045
1,399,117
1,641,578
1,641,578
(242,461)
214,731
(27,730)

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 10 329,238 334,085
Current assets
Debtors 11 309,472 185,867
Cash at bank and in hand 70,004 52,089
379,476 237,956
Creditors: amounts falling due within 12
one year (383,856) (468,428)
Net current liabilities (4,380) (230,472)
Total assets less current liabilities 324,858 103,613
Creditors: amounts falling due after
more than one year 13 (251,800) (131,343)
Net assets/(liabilities) 73,058 (27,730)
The funds of the charity
Restricted income funds 16 49,801 52,045
Unrestricted funds 17 23,257 (79,775)
73,058 (27,730)

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

29 January 2026

The financial statements were approved by the trustees on .........................

[ .............................. Derek puter Mr D Butler

Trustee

Company registration number 06343524 (England and Wales)

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

2025
Notes
£
Cash flows from operating activities
Cash (absorbed by)/generated from
operations
20
Investing activities
Purchase of tangible fixed assets
(9,339)
Net cash used in investing activities
Financing activities
Repayment of borrowings
(32,185)
Proceeds from new bank loans
275,086
Repayment of bank loans
(130,498)
Net cash generated from/(used in) financing
activities
Net increase/(decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 £
(85,149)
(9,339)
112,403
17,915
52,089
70,004		 2024
£
(7,670)
(7,430)
-
(18,991)		 £
31,253
(7,670)
(26,421)
(2,838)
54,927
52,089

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

ROC Solid is a private company limited by guarantee incorporated in England and Wales. The registered office is Hope House, Burnhope, Newton Aycliffe, County Durham, DL5 7ER, United Kingdom.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost relating to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 2% straight line Fixtures and fittings 20% reducing balance Computers 33% straight line Motor vehicles 33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in income/ (expenditure for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Income from donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts - 34,000 34,000 4,134 2,938 7,072

Restricted income represents income gifted for the purpose of leisure activities and specific capital projects.

3 Charitable activities

Income from charitable activities
Analysis by fund:
Unrestricted funds
Year ended 31 March 2024
Unrestricted funds		 Young
persons
support
Young
persons rent
2025
2025
£
£
1,116,929
869,516
1,116,929
869,516
582,898
809,147		 Total
2025
£
1,986,445
1,986,445		 Total
2024
£
1,392,045
1,392,045
1,392,045

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

4 Charitable activities

Staff costs
Rates and water
Insurance
Light and heat
Advertising
Telephone
Postage and stationery
Sundry expenses
Bank charges
Repairs
Subscriptions
Travelling
Rent
Cleaning
House set up costs
Other charitable expenditure
Share of support costs (see note 5)
Share of governance costs (see note 5)
Analysis by fund
Unrestricted funds
Restricted funds
5
Support costs allocated to activities
Depreciation
Governance costs
Analysed between:
Charitable activties		 2025
£
1,112,701
(1,123)
19,617
93,816
657
18,664
6,282
7,759
1,255
66,842
5,163
21,059
458,096
6,001
4,846
2,201
1,823,836
14,186
81,635
1,919,657
1,883,413
36,244
1,919,657
2025
£
14,186
81,635
95,821
95,821		 2024
£
892,300
6,357
17,936
55,572
444
14,670
4,472
21,746
583
56,443
2,988
22,529
414,462
6,430
26,334
6,588
1,549,854
17,117
74,607
1,641,578
1,637,291
4,287
1,641,578
2024
£
17,117
74,607
91,724
91,724

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
7
Trustees
No payments were made to trustees.
8
Employees		 2025
£
14,000
14,186		 2024
£
12,000
17,117

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
29
2025
£
1,011,643
81,320
19,738
1,112,701		 2024
Number
24
2024
£
820,035
57,599
14,666
892,300

During the year, the company subcontracted staff from a related party as disclosed in note 19. The cost was £96,000 (2024: £96,336) and is included in wages and salaries above.

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

2025 2024
£ £
Aggregate compensation 104,613 101,617

9 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10 Tangible fixed assets

Freehold land
and buildings
Fixtures and
fittings
Computers
£
£
£
Cost
At 1 April 2024
371,537
13,267
37,031
Additions
-
-
9,339
At 31 March 2025
371,537
13,267
46,370
Depreciation and impairment
At 1 April 2024
51,480
7,255
29,015
Depreciation charged in the year
7,431
1,203
5,552
At 31 March 2025
58,911
8,458
34,567
Carrying amount
At 31 March 2025
312,626
4,809
11,803
At 31 March 2024
320,057
6,012
8,016
11
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
12
Creditors: amounts falling due within one year
Notes
Bank loans
14
Other borrowings
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 Motor
vehicles
£
67,310
-
67,310
67,310
-
67,310
-
-
2025
£
158,086
126,496
24,890
309,472
2025
£
18,768
-
24,512
39,636
192,207
108,733
383,856		 Total
£
489,145
9,339
498,484
155,060
14,186
169,246
329,238
334,085
2024
£
102,203
77,699
5,965
185,867
2024
£
18,930
7,892
20,144
31,327
286,486
103,649
468,428

Bank loans of £18,768 are secured on the assets of the charity.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

13 Creditors: amounts falling due after more than one year

Notes
Bank loans
14
Other borrowings
Bank loans of £251,800 are secured by the assets of the charity.
14
Loans and overdrafts
Bank loans
Other loans
Payable within one year
Payable after one year
Amounts included above which fall due after five years:
Payable by instalments		 2025
£
251,800
-
251,800
2025
£
270,568
-
270,568
18,768
251,800
176,729		 2024
£
107,050
24,293
131,343
2024
£
125,980
32,185
158,165
26,822
131,343
-

The charity has a bank loan payable by variable monthly instalments fully repayable by August 2039. Interest is applied at a rate of 2.85% over Base Rate.

This loan is secured by a fixed charge on 254 Marsh House Avenue, Billingham and a general debenture over the assets of the charity.

Guarantees have also been provided by two trustees and three connected companies amounting to £475,086.

15 Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Charge to profit or loss in respect of defined contribution schemes 19,738 14,666

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

16 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At
Vehicle fund
Leisure and activities
Capital fund
Covid income
Land Aid Charitable Trust
Durham County Council
Screwfix
Police & Crime Commissioner
Previous year:
At
Vehicle fund
Leisure and activities
Capital fund
Covid income		 1 April
2024
Incoming
resources
Resources
expended
At 31 March
2025
£
£
£
£
9,642
-
-
9,642
6,894
-
(1,583)
5,311
32,577
-
(710)
31,867
2,932
-
(12)
2,920
-
28,500
(28,439)
61
-
500
(500)
-
-
4,500
(4,500)
-
-
500
(500)
-
52,045
34,000
(36,244)
49,801
1 April
2023
Incoming
resources
Resources
expended
At 31 March
2024
£
£
£
£
7,883
2,000
(241)
9,642
8,924
938
(2,968)
6,894
33,287
-
(710)
32,577
3,300
-
(368)
2,932
53,394
2,938
(4,287)
52,045

The Vehicle Fund is made up of donations from various organisations to support the provision of minibuses to support services. The fund will be written down over the life of the assets.

The leisure and activities fund is made up of small donations received for specific activities.

The capital fund comprises donations from County Durham Community Foundation, Kings Church Darlington and private donations for capital investment purposes. The fund will be written down over the life of the assets.

Covid income represents support received from County Durham Community Foundation, National Lottery and GAMP to provide food hampers and other support during Covid. The fund is curently being utilised to support continued costs of PPE.

A grant from Land Aid Charitable Trust was received in year to support the repurposing and renovation of two properties.

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

General funds
Previous year:
General funds
Analysis of net assets between funds
At 31 March 2025:
Tangible assets
Current assets/(liabilities)
Long term liabilities
At 31 March 2024:
Tangible assets
Current assets/(liabilities)
Long term liabilities		 At 1 April
2024
Incoming
resources
Resources
expended
At 31 March
2025
£
£
£
£
(79,775)
1,986,445
(1,883,413)
23,257
At 1 April
2023
Incoming
resources
Resources
expended
At 31 March
2024
£
£
£
£
161,337
1,396,179
(1,637,291)
(79,775)
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
287,668
41,570
329,238
(12,611)
8,231
(4,380)
(251,800)
-
(251,800)
23,257
49,801
73,058
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
291,866
42,219
334,085
(240,298)
9,826
(230,472)
(131,343)
-
(131,343)
(79,775)
52,045
(27,730)

18 Analysis of net assets between funds

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

2025 2024
£ £
Aggregate compensation 104,613 101,617

Transactions with related parties

During the year the charity entered into the following transactions with related parties:

Income Rent and other costs Rent and other costs
2025 2024 2025 2024
£ £ £ £
Other related parties 6,478 9,179 486,792 327,047
6,478 9,179 486,792 327,047
Wages recharges
2025 2024
£ £
Other related parties 96,000 96,336
96,000 96,336
The following amounts were outstanding at the reporting end date:
Amounts owed to related
parties
2025 2024
£ £
Other related parties 141,998 275,353
141,998 275,353

Docusign Envelope ID: 0877D200-6699-42C9-8421-440B52082847

ROC SOLID (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Related party transactions

(Continued)

Amounts owed by related
parties
2024 2023
£ £
Other related parties 112,687 57,518
112,687 57,518

Related parties are ROC Family Time Limited, ROC Housing Management Limited and DDB Property 7 Limited, companies in which some of the trustees have financial control.

The charities bank loan is guaranteed by:

20 Cash generated from operations 2025 2024
£ £
Surplus/(deficit) for the year 100,788 (242,461)
Adjustments for:
Depreciation and impairment of tangible fixed assets 14,186 17,117
Movements in working capital:
(Increase) in debtors (123,605) (63,842)
(Decrease)/increase in creditors (76,518) 328,907
(Decrease) in deferred income - (8,468)
Cash (absorbed by)/generated from operations (85,149) 31,253
21 Analysis of changes in net (debt)/funds
At 1 April 2024 Cash flowsAt 31 March 2025
£ £ £
Cash at bank and in hand 52,089 17,915 70,004
Loans falling due within one year (26,822) 8,054 (18,768)
Loans falling due after more than one year (131,343) (120,457) (251,800)
(106,076) (94,488) (200,564)