2022-03-29-accounts - Sola Arts

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February	200	200	9 and again 20'" October 2015.	9 and again 20'" October 2015.	9 and again 20'" October 2015.
Any one	over		the age of 18 can become a member.			It is	managed	by	an Executive				Committee
of trustees.		Executive		committee meetings are		held	monthly,	and		agenda		items		include
finance,	health		8 safety	and staff reports.
REFERENCE			AND ADIVIINISTRATIVE DETAILS
Name				Sola Arts
Company		Number		06655438
Charity	Number			1'I28459
Registered		Office		Room 'l9, Toxteth Town		HalI
				15 High Park Street
				Liverpool
				Merseyside, L8 8DX
Board ofTrustees				The Board ofTrustees are also its Directors.						Members			are	elected
				by Annual General	Meetings		of the	members			of	the	council		in
				accordance with the	Articles of Association.
Trustees				T Brown G Al Kalash			(Appointed (Resigned		'I"August 8'" August			2022) 2022)
				L Omar
				C Petersen			(Resigned		8'" August			2022)
				A Spiers —Chair
				N Yousef
Independent			Examiner	Paula Sanchez ACCA,
				c/o LCVS
				151 Dale Street,
				Liverpool,
				L2 2AH
Bankers				The Co-operative Bank,
				Lyceum Building,
				1 Bold Street, Liverpool
				L1 4NW

			Notes	Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2022	2022	2022	2021
Income and endowments				E	E	E	E
from:
Donations and legacies			3a	78		78	7,039
Charitable activities			3b	120,273	75,286	195,559	211,794
Total income				120,351	75,286	195,637	218,833
Expenditure on:
Charitable Activities				124,408	81,701	206,109	159,575
Total expenditure				124,408	81,701	206„109	159,575
Net (expenditure)/income, movement in funds		net		(4,057)	(6,415)	(10,472)	59,258
Total funds brought	forward		9, 10	58,946	27,142	86,088	26,830
Total funds carried	forward		8-10	54,889	20,727	75,616	86,088

BALANCE SHE	E	T AS A	T 29™ M	ARCH 2022
			Notes	29'" March	2022	29'" March	2021
Fixed assets				E	E	E	E
Tangible fixed assets			5		6,316		8,415
Current assets
Debtors				27,795		34,240
Cash at bank and	in	hand		43,280		45,317
				71,075		79,557
Current liabilities
Creditors: amounts due within one year		falling		(1,775)		(1,884)
Net current assets					69,300		77,673
Total assets less liabilities	current				75,616		86,088
Reserves
Unrestricted funds			8, 9		54,889		58,946
Restricted funds			8,10		20,727		27,142
					75,616		86,088

O	TES To THE FINANCIAL	S	TA	TEMENT	S FOR THE YE	AR ENDED	29	MARCH	202	2
					Unrestricted	Restricted		Total		Total
					Funds	Funds		Funds		Funds
					2022	2022		2022		2021
b. Charitable activities					E	E		E		E
	Albert Hunt Trust									2,000
	Barrow Cadbury Trust Contract and commission	income			84,035	1,690		1,690 84,035		16,350 87,221
	Eleanor Rathbone Charitable			Trust		3,000		3,000
	Elizabeth Rathbone Charitable									3,000
	Trust
	ESF Community Fund Foyle Foundation Healthy Activity and Food Holiday Activity and Food John Moores Foundation					5,786 11,300 37,975		5,786 11,300 37,975		5,125 5,000 5,000
	Kickstart				6,864			6,864
	Liverpool City Council—									5,000
	Discretionary grants LCVS Community Impact	Fund				2,500		2,500
	LCVS Innovation in Communities Fund					5,100		5,100
	LCR Cares Mayoral Fund Mpac National Lottery Community Our Liverpool Grant P H Holt Foundation		Fund			2,000 5,935		2,000 5,935		5,000 1,900 40,000 11,870 5,000
	Steve Morgan Foundation Therapy income WEA ESFCreative Growth				29,374			29,374		3,600 7,662 13,066
					120,273	75,286	195,559			211,794
Income from charitable activities				in 2021	comprised f94,883 for unrestricted			funds	and
f116,911 related to restricted			funds.
4.	Expenditure on Charitable			Activities
					Direct	Support	&
					Charitable	Governance
					Expenditure 2022	Costs 2022		Total 2022		Total 2021
					E				E	E
The advancement of public
education and help families and dependents who have experienced					187,969	18,140		206,109		159,575
	mental distress by the provision			of
	arts therapy

Analysed as follows:
			2022	2021
Direct charitable expenditure: Staff salary costs Pension			E 107,448 2,136	F 75,554 2,433
Project facilitator fees Sessional fees			26,204 25,371	34,246 21,963
Interpreting charges Travel and subsistence Activities expenses Equipment Room hire		expenses	7,362 3,638 2,512 7,023	213 2,622 2,627 3,001
Volunteer expenses Motor expenses			4,414 1,861	957 1,047
			187,969	144,663
			2022	2021
Support 6 Governance Insurance		costs:	E 2,825	E 345
Office costs			2,104	2,861
Rent			4,749	6,269
Computer and website Subscriptions Companies House Training		expenses	1,532 1,018 388 150	'l,543 270 13 319
Bank charges Payroll fees Accountancy Depreciation			2 497 1,060 3,815	505 825 1,962
			18„140	14,912
Total expenditure activities	on	charitable	206„109	159,575

Staff Costs	2022	2021
	E	E
Gross wages and salaries Social security costs Pension Costs	106,688 760 2,136	75,554 2,433
	109,584	77,987

Tangible	fixed assets
		Office	Motor Vehicles	Total
		Equipment
Cost:		E	E	E
Balance	at 30'" March 2021	19,091	5,000	24,091
Additions	during the year	1,716		1,716
Balance	at 29'" March 2022	20,807	5,000	25,807
Depreciation: Balance at 30'" March 2021		14,843	833	15,676
Charge	during the year	2,426	1,389	3,815
Balance	at 29'" March 2022	17,269	2,222	19,491
Net Book Value at 29'" March 2022		3,538	2,778	6,316
Net Book Value at 29'" March 2021		4,248	4,167	8,415

7.	Creditors: amounts	falling due	falling due	within	one year:	one year:
						2022	202'I
	Accruals					1,060	1,650
	Pension					715	234
						1„775	1,884
8.	Analysis of net assets 2022	between		funds	Tangible	Fixed	Net Current	Total
						Assets	Assets
	Unrestricted Funds						E
	General Fund					4,435	50,454	54,889
	Restricted Funds
	ESF Community Fund Foyle Foundation Holiday Activity and Food LCVS Innovation in Communities		Fund			297	7,084 2,125 3,860	7,084 297 2,125 3,860
	National Lottery Community Our Liverpool Grant	Fund				1,584	5,777	1,584 5,777
						1,881	18,846	20,727
	Total Funds					6,316	69,300	75,616
	2021				Tangible	Fixed	Net Current	Total
						Assets	Assets
	Unrestricted Funds						E
	General Fund					5,598	53,348	58,946
	Restricted Funds
	Barrow Cadbury Trust ESF Community Fund Foyle Foundation Grow Wild Community Project Funding John Moores Foundation						8,850 458 4,850 546 1,369	8,850 458 4,850 546 1,369
	Mpac National Lottery Community Our Liverpool Grant Steve Morgan Foundation	Fund				2,522 295	1,262 4,535 2,095 360	1,262 7,057 2,390 360
						2,817	24,325	27,142
	Total Funds					8,415	77,673	86,088

Restricted Funds
				Movements	in the Year
2022			Funds at beginning	Income	Expenditure	Funds at end ofYear
			ofYear
				E	E
Barrow Cadbury Trust Eleanor Rathbone Charitable Trust ESF Community Fund Foyle Foundation Grow Wild Community Project Funding Healthy Activity and Food Holiday Activity and Food John Moores Foundation			8,850 458 4,850 546 1,369	1,690 3,000 37,975 5,786 11,300	(10,540) (3,000) (31,349) (4,553) (546) (5,786) (9,175) (1,369)	7,084 297 2,125
LCVS —Community Impact Fund LCVS Innovation in Communities		Fund		2,500 5,100	(2,500) (1,240)	3,860
Mpac National Lottery Community Our Liverpool Grant Steve Morgan Foundation	Fund		1,262 7,057 2,390 360	2,000 5,935	(3,262) (5,473) (2,548) (360)	1,584 5,777
Totals			27,142	75,286	(81,70'I )	20,727