Docusign Envelope ID". 27C13DBF.16D44626-AOD&F25F9AOD0496 SOLA ARTS ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 Company No. 06655438 Charity No. 1128459
Docusign Envelope ID. 27C13DBF-16D44626_AOD6_F25FgAOD04g6 VLAANI TH TRUSTEES, REPORT FOR THE YEAR ENDED 29 MARCH 2025 The trustees are pleased lo present their report foi the year ended 29th March 2025. The financial statements have been prepared in accordance with the charity's trust deed, Ihe Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published {FRS 1021 as amended for accounting periods commencing from 1st January 2019. OBJECTIVES AND ACTIVITIES The objects of the charitable Company are.. 1) The advancement of public education by the provision of arts projecls. 2) The relief of persons who have become displaced persons or refugees from the countries of their origin or domicile by reasons of hostilities, persecution, oppression, discrimination, natural distress or other like causes, and their families and dependents who are in conditions or need, hardship and distress. 31 The relief of persons who experience mental destress and their families and dependents who are in conditions or need, hardship and distress, by the provision of Art Therapy (also known as Art Psychotherapy). 4) Any other purposes charitable by law for the benefit ofthe community. In considering the objectives and activities, the trustees have considered Charity Commission guidance on public benefit to ensure that SOLA Arts is meeting its public benefit requirements. ACHIEVEMENTS AND PERFORMANCE The 2024-25 Chair's Report continues to bring oplimism for SOLA'$ next 12 months, as well as acknowledgemenl and celebration of our work, and development over the past year. st Remarkably and wonderfully 2025 has brought us into our 21 year of delivering core and key services and support for those most in need in our communities. Through tougher times and fantastic opportunities and of course lots of creative adventures & fun, we have become 21 years old and are super proud of this stage in our growth and next stage in SOLA'S evolution. SOLA provides a unique and specialist programme primarily focusing on support and empowerment for people seeking sanctuary, with Leave to Remain settled status, survivors of lorture, survivors of modern-day slavery or human trafficking and those who have experienced primary and secondary trauma due to oppression and conflict. We have also continued commitment to working with others frorn marginalised context including people with learning difficulties, learning disabilities, elders in our community, and people with enduring mental health challenges. SOLA has continued as the region's leading Art Psychotherapy offer and focused arts & mental health charity with a focus on supporting displaced people and young people with complex trauma at our core. The importance of Art Psychotherapy and Social Support continue to underlying our work, being the and fundamental to beneficiary needs. This past year has proven extremely challenging al times due to tense socio-political and socio-environmental context, namely racist rioting in summer 2024 led by increased far-righl activism and propaganda particularly targeted against refugees and asylum seekers. This has impacted both beneficiaries and our team members directly and enabled us to affirm our commitment to supporting those impacted by this racist and xenophobic rhetoric. We have needed to review and ensure that our safeguarding and risk assessment procedures and protocols as strong and clear, and that at all times we continue to work in a traLJma-informed and empathetic way to best support those we work with and ourselves. It would be naive to say
Dcusign Envelope ID. 27CI3DBF-16D626-AODS-F26F$ADDo496 VLII I TRUSTEES, REPORT FOR THE YEAR ENDED 29TH MARCH 2025 that this hasn't led to some distress whilst It has been recognisable that our team has grown stronger and strengthened in the face of this adversity. We have had change8 in Trustees and are preparing to welcome new staff through this. We have also welcomed new volunteers and reflected on our systems and pro$$ to enable quicker access to our programmes and support, as well as make the team experience more digitally based and compatible with a joined up whole team approach. As always and evermore so, our team (trustees, staff fand volunteers) continue lo bring a depth of richness, diversity, empathy, kindness and compassion through a wealth of expertise and dynamism to every aspect of SOLA and our setvices for the community- This year we have focused on reflection, to better understand, acknowledge and integrate the importance of lived experience in our team and the importance for greater equality of opportunity and progression for people with lived experience as a key expertise in our staffing roles. This has also meant exploring a longer-term strategic plan for pay grade and skill recognition levelling up, whilst ensuring that the charity has sustainability and continuity. We continue to be Irauma-informed and mindful ofthe impact ofthe work on both our team and the culture at SOLA, in order lo ensure that staff and volunteers as well as beneficiaries are best served and supported. As a result, we have begun to gain recognition in our expertise of trauma-informed practice, which has in turn led to commissioning of our Clinical Supervision and Reflective Practice offer amongst refugee organisations and therapists across the UK, whilst we remain focused on our local region primarily. We continue to have sound support from grant making bodies, donations and contracting opportunities to directly support 518 people throughout the year and thousands more 12500+} through wider engagement. We have again contracted Momentum Expedite to carry out an Independent Evaluation of our programming and development, and LCVS for Independent Financial Audit and Accounts. An Independent Evaluation Report 2024-25 published July 2025 is available upon request. The past 12 months has lent to dynamic commissioning including an increased delivery of therapy and family intervention for Adoption Support Service funded services. Additionally, we have provided Art Psychotherapy for Alder Hey Children's In-Patienl Psychiatric Unil as well as trauma-informed staff training for Lancashire and South Cumbria NHS Forensic Psychialric Unit. Donations-based income has redUd aligned with less private therapy delivery and whilst we have balanced this through stable contracted service delivery. We conlinue to be supported by. Members of the communily through donations of goods and itèms, as well as having seen past participants return lo contribute funds and expertise towards our emergency support 'pot'_ a true testimony to the generosity of those we support whilst acknowledgement of the impact of our work for those who have benefitted and wish to give back. This 'giving back, by past beneficiaries is something that has particularly noticeable this year including form Karen & Carlos donating towards our Emergency Funds 'pot' to support those most in need through emergency cash contribution, support by Gilbert Toh towards getting our mobile van space up and running smoothly, food made by multiple beneficiaries as contribution to events, and a wonderful humungous croissant from Omed to recognise reaching 21 years this yearl We delivered a full programme weekly including Art Psychotherapy, Child & Adolescent Psychotherapy, Reflective Parenting interventions, ESOL, Men's Tailoring, Craft Cards Women, Women Who Bake, Art Group, Creative Growing art & nature and the Transitions project supporting social & welfare needs. Our therapy programme and a therapeutic community approach continue to be Ihe foundation
Docusign EnvelopÈ ID.. 27c12DBF-1sD4-46AoD6-F25FSA0Do496 VLA At< l ¥* TH TRUSTEES, REPORT FOR THE YEAR ENDED 29 MARCH 2025 of our delivery and model. This has included individual, group and informally based Art Psychotherapy and family focused Child & Adolescent Psychotherapy., supporting people from 4-67 years old at a vital and vulnerable time in the individual's life journey. Paths lo Prosperity consortia funding, National Lottery Reaching Communities Fund, Feeding Liverpool & Citizens Advice Bureau grants, MPAC & LCVS, Our Liverpool (Liverpool City Council) and have provided financial stability and programming opportunity that has reached all aspects of our programming and delivery, and ensured our sustainability and evolution for another successful year. Our ESOL provision continues to specialise in supporting those who find mainstream learning a challenge and for whom smaller focused learning is important, whilst we have been supported by 2 new volunteers into this essential offer. Additionally, we have been able to support people to develop business start-ups, gain employment and enter external learning courses and training. Feeding Liverpool has continued to support our overall food support offer, whilst grant and practical support from MPAC, Liverpool City Council and LCVS, families we work with have continued to access food support as well as physical activity and creative family bonding through HAF grants. This has been enhanced by Our Liverpool funding which has enabled our continued work with young people awaiting school placement and in a transient experien and prOsS of seeking asylum with their family,. supporting young people to be creatively curious, play, enhance a sense of identity and belonging and importantly have fun. Additionally, we have been able lo achieve funding to continue our 16-19 Creative Growing Art Psychotherapy programme for unaccompanied minors, and have continued working with children, young people, carers and forever families and reflective parenting through Adoption Support Funds contracted therapy. Our Creative Calm Van has continued to offer brief Art Therapy and sign-posting intervention al British Red Cross destitution drop-in fortnightly and we have piloted Pop-up drop-in ESOL provision close to initial accomrnodation centres in order to best support those most isolated and vulnerable, due to challenges with social engagement andlor mental health. This year we have achieved Arts Council England funding for Research & Development of Festival 31 towards a 2 10 3 year plan of delivery using the arts and crealivity as a tool to wider conversation around displacement and resettlement. Simultaneously, enhancing this through a new youth strand of the project supported by Our Liverpool and Awards for All to enable young people with lived experience of resettlement as refugees to create a Toolkit to inform greater understanding by peers about their experiences of resettlement. We have continued lo work with key stakeholders including Our Liverpool Schools Provision, Feeding Liverpool, British Red Cross, The Women's Organisation, MOWLL, Heart of Glass, Liverpool City Council Unaccompanied Minors Social Work Team. Active8 Support Service, Flying Seagull Project, Torus Housing ISI Helen's), Deafness Resoruce Centre, John Lewis, Thrive, Vibe, MENCAP, Feelgood Factory, Toxtelh Town Hall, to name a few of those organis8tions and groups we have been privileged to work with this year. Vvhilsl this year has brought us to prepare to say farewell from our Trustee group to our wonderful Roya, whilst we aren't saying goodbye as Roya is preparing to move into SOLA'S staffing team as Finance and Projects Supportl Our search continues for a new Trustee to enhance our governance and strategic planning. As can be seen, SOLA has continued to explore new options for programme delivery whilst enhancing and further establishing our core programme. SOLA continues to be innovative and committed to best support people most in need of support, showing this through our desire to understand, empathy, passion and aclion. Once again, the SOLA team has surpassed any expectation of the quality and benefit of our
D<Kusign Envelope ID". 27C13DBF-16D44626-AOD6-F25F9AOD0496 VLAAKI TH TRUSTEES, REPORT FOR THE YEAR ENDED 29 MARCH 2025 work for individuals and the community. Having such a varied skills sel, expertise and passion for SOLA'S work testimony to a wonderful and vibrant multi-skilled and multi-talented groLJP of people who make SOLA what it is. We continue to find ourselves and as a team to adapt, support each other and evolve. Everyone who has been on the SOLA team journey over the past 12-months has been formidable, compassionate, highly skilled and committed, and I would like to convey sincerest gratitude and respect to our team for this., staff, volunteers, Trustees and supporters. We also thank our long-term support George, Caretaker of Toxteth Town Hall and Cala on Reception in the building, for enabling a smooth support for beneficiaries acSsIng our provision and creating a warm and supportive environment in which we reside. We also thanks to continued support from Denise and others on Trustee Board at Toxtelh Town Hall, for their continued commitment to and support of our activities and long-term residency in this great community focused building. l also want to acknowledge our wonderful therapy dogs Zuki, Peanut and our new furry friend Cham who continue to bring an abundance of unconditional love, warmlh, kindness, energy and comfort to 811 who come to SOLA. In February, Cham joined us and was quickly able to engage in therapy sessions and give his own recipe of love and care to everyone who he connects with. This year we sadly lost Zuki, who almost 15 years old, had been a core member of SOLA for 13.5 years, providing support in therapy and enabling a tenderness to our delivery that only he ¢OLJld. Zuki will be dearly missed and our love for him continues. Without the passion and care of our talented team, SOLA wouldn't be 21 years old or have the impact and care that we do- we care not only for those we support bul also for all in our team. With this in mind, I'd like to finish by On again and humbly say a massive and Celebratory THANKS to every single person involved in our programming, those who continue lo support SOLA and our activities, and thanks to everyone who we have privilege to work with, share a journey with and continue daily to learn froml FINANCIAL REVIEW Total income in the year was £309,278 {2024.' £358,397) ofwhich £161,033 (2024.. £111,301) related to funding for projects upon which restrictions are placed. Total expenditure in the year was £274,51012024'. £267,183), leaving a surplus for the year of £34,768 (2024.. surplus £91,214). At 29th March 2025 the charitable company's reserves stood at £163,71312024'. £128,945) of which £62,073 (2024.. £34,701) represented restricted funds RISK MANAGEMENT The main risks to which the charitable company are exposed as identified by the Trustees have been considered and systems have been established to mitigate those risks. RESERVES POLICY 11 is the policy of the charitable company to maintain unrestricted funds, which are free reserves,. at a level which will allow the charity to cover redundancy costs, lease commitments and continue its activities for three months should no further funding be received. As at the end of the financial year the unrestricted funds totaled £101,640. The charitable company requires £26,724 for redundancy provision, £895 lease commitments and £35,212 for three months, running costs {Total £62,831).
D(Kuston Envdope ID. 27C13D8F-16D44626-AOD&F25F9AOD0496 VLAAKI TRUSTEES, REPORT FOR THE YEAR ENDED 29TH MARCH 2025 The trustees, plans for the balan of the unrestricted reserves are the continuation of the staff levels and delivery of projects. PLANS FOR THE FUTURE Whilst our sustainability continues to be a priority and increasing our reserves an important consideration for the rranagemenl and Trustees. Sustainability through increased commissioned services for our core focus and activity, as well as longer-term large grant funding have become a focus for the coming year. Grant fundin COVID 19 and im act on Reserves SOLA now feels that we are showing strength post COVID pandemic and its impact on our delivery and financial sustainability. Having in fact grown during the COVID pandemic, we have now to focus on the sustainability of this growth. This includes achieving funding to maintain staffing at the current level of 1 full lime and 11 part time staff whilst programrne delivery recognises need for such a staffing team size. The foundation of National Lottery Reaching Communities, HAF, Feeding Liverpool and Arts Council England, Awards for All and Our Liverpool funding alongside of contracts in particular from Adoption Support Fund, Paths to Prosperity and Alder Hey Children's NHS Trust, have allowed us to ensure Core delivery. As with the previous year, this has made us financially sound and we are looking towards a healthy start for the corning 2025-26 financial year. We intend to continue striving for improved financial standing and growth, whilst ensuring meaningful 2nd considered delivery of provision lo the community. Grant funding has been welcomingly forthcoming, enabling us to respond and adapt. I would like to thank funders I key partners stepping in to support and sustain SOLA and our activities, namely," National Lottery Community Fund, Holiday Activity Fund, Feeding Liverpool, Citizen Advice Liverpool Household Support Fund, Arts Council England, Awards for All, Liverpool City Council- Our Liverpool, MPAC, LCVS, The Women's Organisalion, Liverpool Play Partnership, Department for Skills, Liverpool Metro Mayor Fund, Feeding Liverpool Household Fund, and all of our kind donators and supporters. These vital emergency grants and donations have helped us not only survive bul indeed thrive in order to meet an increased demand for our services. All of these funders have been empalhetlc and encouraging to our delivery and receptiveness to deliver appropriately and in a flexible and proactive way for the people and communities we support. Commissioned 2nd contracted delivery of arts programming and Art Psychotherapy has begun to increase following the pandemic. This includes contracting by local authority Social Services Children's Services in particular Special Guardianship Teams and by Fostering and Adoption services across the region. As well as contracted delivery for The Women's Organisation through the Directions and the Paths to Prosperity projects has ensured continuity of core income and support for participants in our core programming and development towards and into training and employment and opportunity. We have been able to thrive financially during this period, resulting in having notable value of funds towards our Reserves. This is a success and enables a healthiness for our financial capacity ongoing and to build on in the coming financial year. We have several large and smaller funding applications awaiting outcome from local and national grant funders and so continue with positive energy al this stage moving forward.
Docusign Envelope ID.. 27C13DBF-16D4462&AOD6_F25F9AOD0496 ULAAMI TRUSTEES, REPORT FOR THE YEAR ENDED 29TH MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT SOLA Arts is a charitable company limited by guarantee (registered in England and Wales, No. 066554381 incorporated on 24th JLJIY 2008 and registered as a charity (number 11284591 on 6th March 2009. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed by its Articles of Association. The Memorandum and Articles of Association were amended by Special Resolution on 13th February 2009 and again 20th October 2015. Any one over the age of 18 can become a member. It is managed by an Executive Committee of Irustees. Executive committee meetings are held monthly, and agenda items include finarn, health & safety and staff reports. REFERENCE AND ADMINISTRATIVE DETAILS Name SOLA Arts Company Number Charity Number Registered Office 06655438 1128459 Room 19, Toxteth Town Hall 15 High Park Street Liverpool Merseyside, L8 8DX The Board of Trustees are also its directors. Members are elected by Annual General Meetings of the members of the council in accordance with the Articles of Association. Board of Trustees Trustees N U Barikumwe R Mho Zada H Murshid L Omar A Spiers - Chair N Yousef (Resigned 29th March 20251 Independent Examiner Ying Huang ACCA, clo LCVS 151 Dale Street, Liverpool, L2 2AH The Co-operative Bank PLC PO Box 250, Skelmersdale, WN8 6V Bankers Signed on behalf of the Board of Trustees, Signod by. 14CJJLtitÈ2fp4FA':" -""" A Spiers Trustee- Chair 17 December 2025 Date:
Dwjsign Envelope ID. 27Cf30BF-16N4626-AOWF25F9AOD0496 VLAAt(ia STATEMENT OF TRUSTEES, RESPONSIBILITIES Company law requires Ihe trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustees should follow best practice and". select suitable accounting policies and then apply them consistently., observe the methods and principle in the Charities SORP., make judgements and eslimales that are reasonable and prudent., prepare the financial statements on the going concern basis Ljnless it is inappropriate to presume that Ihe company will continue as a going concern., State whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in Ihe financial statements. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The financial statements have been prepared in accordan with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published IFRS 1021 as amended for accounting periods commencing from 1s1 January 2019. By Order oflhe Board SbJned by. 1¥m7P[FFA...................... A Spiers - Trustee Room 19, Toxteth Town Hall 15 High Park Street Toxteth Liverpool Merseyside L8 8DX Date.. 17 Decemb&r 2025
DctU5ign EDvelope ID 27C13DBF-16D4-4626-AODS-F2SFgAOD0496 I tAAMINtK'24 TO THE TRUSTEES OF SOLA ARTS report on the accounts of the charitable company for the year ended 29th March 2025, which are set out on pages 10 to 21 The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year ended under section 144(2) of the Charities Act 2011 Ilhe 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{5llbl of the 2011 Act, and to stale whether particular matters have come to my attention. Res ective res onsibililies of trustees and examiner Basis of inde endent examiner's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual temS or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the Statement below. Inde endentexaminer's In connection with my examination, no matter has come to my statement attention.. {11 which gives me reasonable cause to believe that in, any rnalerial respect, Ihe requirements.. to keep accounting records in accordance with section 386 ofthe Companies Act 2006., and lo prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting Charities have not been met., or {21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Mrs Ying Huang Relevant professional qualification or body.. ACCA Address.. clo LCVS 151, Dale Street, Liverpool, L2 2AH 17 December 2025 Dated DFOJf1AE92EBD4g6.
Docusign Envelope ID. 27C13DBF-16D44626-AOD6-F25FgAQD0496 VLAAMI STATEMENT OF FINANCIAL ACTIVITIES (including Income & Expenditure) TH FOR THE YEAR ENDED 29 MARCH 2025 Notes Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Income and endowments from: Donations and legacies Charitable activities Other Income 5,471 142,533 241 5,471 303,566 241 5,446 352,951 3b 161,033 Total income 148,245 161.033 309,278 358,397 Expenditure on: Charitable Activities 140,849 133,661 274,510 267,183 Total expenditure 140,849 133.661 274,510 267,183 Net income, net movement in funds 7,396 27,372 34,768 91,214 Total funds brought fonmard 9,10 94,244 34,701 128,945 37,731 Total funds carried forward 8-10 101.640 62,073 163,713 128,945 The notes on pages 12 to 21 form part of these accounts. All the above amounts relate to continuing activities of the charitable company. 10
Docusign Envelope ID" 27C13DBF-f6D44626-AOD6-F25F9AOD0496 2•ULA I COMPANY NUMBER 06655438 BALANCE SHEET AS AT 29TH MARCH 2025 Notes 29th March 2025 29th March 2024 Fixed assets Tangible fixed assets 3,481 3,775 Current assets Debtors Cash at bank and in hand 23,287 139,094 17,201 111,297 162,381 128,498 Current liabilities Creditors.. amounts falling due within one year 12,149) (3,3281 Net current assets 160,232 125,170 Total assets less current liabilities 163,713 128,945 Reserves Unrestricted funds Restricted funds 101,640 62,073 94,244 34,701 8,10 163,713 128,945 These financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. These accounts have been prepared in accordance with the provisions applicable to small companies subject lo the small companies, regime and in accordance with FRS102 SORP. For the period covered by these accounts the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The trustees, who are the directors of the company, acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. 17 December 2025 Approved by the Board on.. Slyn¢4bV-. Adele Spiers - Trustee
tktusign Envdope ID. 27C13D8F-16[M-4626.AoF2SF9ADD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 1. Limited Liability The charity is a company limited by guarantee. Each member's liability is limited to £10. 2. Accounting Policies Basis of accounting The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) as amended for accounting periods commencing from 1 January 2019 and Charities Act 2011 and the Companies Act 2006. 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 nearesl £. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notelsl to these accounts. The Charity has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going concern At the time of approving the accounts, the Trustees have a reasonable expectation that the charitable company have adequate reserves up to continue in operational existence for the foreseeable future. The Trustees are confident that the levels of liquidity and free reserves will not affect the charity's operations. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounls. Fund accounting Unrestricted funds are the charity's free reserves available for the trustees to apply in accordance with the charitable company's charitable objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged lo the fund. Income recognition All income is recognised once the charity has entitlement to Ihe income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Donations and legacies comprise of monetary donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an accrual's basis except for grants re1Vable, which are recognised on the date on which their unconditional payment is confirmed by the donor. 12-
DocusvJn ETrvelope ID.. 27¢13DBF-16D4-462&AOD&F25F9AOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, It is probable that selllemenl will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to Ljnrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charitable activities relates to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Fixed Assets Capital expenditure of £250 and above is slated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over ils expected useful life as below.. Office Equipment.. Motor Vehicles.. 33 % per annum slraighl line basis. 33 /0 per annum straight line basis 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. Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '01her Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balan sheet when the charity becomes party to the contractual provisions of the instrument. Financial 8ssets and liabilities are offset, with the net amounts presented in the financial statements, when there is 8 legally enforceable right lo sel 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 al 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 rale of interest. Financial assets classified as receivable within one year are not amortised. 13
DosIgn Envelope ID" 27C13DBF-16D4-4626-AOD&F25F9AOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 Basi¢ financial liabilities Basic financial liabilities, including creditors and bank loans are initially re¢ognised at transaction price unless the arrangernenl constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted al a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at 2mortised cost, using the effective interest rate method. Derecognition of financial liabilities Financial liabililies are derecognised when Ihe charity's contractual obligations expire or are discharged or cancelled. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefits from various exemptions from taxation afforded by lax legislation and is not liable lo corporation tax on income or gains falling within those exemptions. Critical accounting estimates and judgements In the application of the charity's accounting policies, the truslees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sou[s. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimales and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 3. Income and endowments from Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Donations and legacies Donations Gift aid 5,471 5,471 4,255 1,191 5,471 5,471 5,446 Donations and legacies income for 2024 related wholly to unrestricted funds. 14
DoGusign EnveloK* IL). 27C13DBF-16D4-4626-AOD&F25F9AOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 Unrestricted Funds 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 b. Charitable activities Arts Council National Lottery Project BEPS Funding Grant Citizen Advice Liverpool Household Support Fund Contract and commission income Elizabeth Rathbone Charitable Trust Eurogrant Liverpool City Council Winter Fuel Grant Liverpool City Council Neighbourhoods Directorate Mpac Eat lo Meet Mpac Child friendly city training & grant opportunity National Lottery Community Fund Sutton Croft Holiday Activities and Food Therapy income UKSPF Digital Connectivity 27,000 27,000 10,000 1,408 235,539 2,000 2,000 2,920 2,920 137,424 137,424 500 500 20,000 1,700 1,000 20,000 1,700 1,000 9,000 93,414 14,499 93,414 61,445 19,448 6,111 6,000 14,499 5,109 5,109 142,533 161,033 303,566 352,951 Income from charitable activities in 2024 comprised £241,650 for unrestricted funds and £111,301 related to restricted funds. Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 c. Other Income Compensation 241 241 Income from other income in 2024 was Nil.
usign Envelope ID". 27C13DBF-16D4462&AONF25FgAOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 4. Expenditure on Charitable Activities Direct Charitable Support & Governance Costs 2025 Expenditure 2025 Total 2025 Total 2024 The advancement of public education and help families and dependents who have experienced mental distress by the provision of arts therapy 228,490 46,020 274,510 267,183 Analysed as follows. 2025 2024 Direct eharitable expenditure.. Staff salary costs Pension Project facilitator fees Sessional lees Inletpieting fees Motor expenses Travel and subsistence expenses Activities expenses Equipment Roorn hire Volunteer expenses Donation & Grants 184.775 4.172 14,233 9,046 173,097 3,965 14,714 7,624 640 1,390 8,489 1,383 327 1,828 13,840 5.744 535 3,382 2.626 40 2,605 2,070 228,490 228,035 Support & Govemance costs.. staff salary costs Pension Insurance offi St5 Rent Rates Subscriptions Companies House Tiaining DBS fees Bank charges Payroll fee5 Accountancy Depieciation 20,579 463 2,466 4.037 10,548 439 3,731 34 19.233 441 1,168 3,104 7,693 467 1,315 980 43 32 10 762 1.328 1,582 785 1,265 2,637 46,020 39.148 Total expenditure on charitable activities 274,510 267.183
DDtUgn Envelope ID. 27C13DBF-16D4462s-ADF2sF9Aoo496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025 TH £133,661 {2024'. £99,219) of the above expenditure relates to restricted funding. b. Staff Costs 2025 2024 Gross wages and salaries Social security costs Pension Cosls 197,961 7,391 4,635 186,226 6,104 4,406 209.987 196,736 The above staff costs figure includes director's remuneration of £31,973 {2024'. £30,577). Particulars of employee numbers: The average number of employees during the year.. 12.0012024.. 11.83), and calculated on the basis of full-time equivalents, was as follows.. 2025 2024 Charitable activilies No employee received emoluments of more than £60,000 during the year. {2024.' £nil}. No out-of-pocket expenses were reimbursed lo truslees in the year {2024.' £nil). 5. Tangible fixed assets Office Motor Vehicles Equipment Total Cost: Balance at 30th March 2024 Additions 23,783 1,288 5,000 28,783 Balance at 29th March 2025 25,071 5,000 30,071 Depreciation: Balance at 30th March 2024 Charge during the year 21,243 1,171 3,765 411 25,008 1,582 Balance at 29th March 2025 22,414 4,176 26.590 Net Book Value at 29th March 2025 2,657 824 3,481 Net Book Value at 29th March 2024 2,540 1,235 3,775 There were no material capital corvmitrrents at the period end. All fixed assets were used in the direct Charitable aclivities of the Charity.
DOcsign Envelop6 ID. 27C13DBF.16D4462e-AOD6_F25F9AOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 6. Debtors 2025 2024 Debtors Prepayments 21,775 1,512 15,652 1,549 23.287 17,201 7. Creditors= amounts falling due within one year: 2025 2024 Accruals Pension 1,328 821 2,407 921 2,149 3,328 8. Analysis of net assets between funds 2025 Tangible Fixed Assets Net Current Assets Total Unrestricted Funds General Fund 2,161 99,479 101,640 Restricted Funds Arts Council National Lottery Project Citizen Advice Liverpool Household Support Fund Liverpool City Council Winter Fuel Grant Liverpool City Council Neighbourhoods Directorate National Lottery Community Fund Sutton Croft Holiday Activities and Food 16,531 371 16,531 371 44 6,350 44 6,350 1,252 68 37,457 38,709 68 1,320 60,753 62,073 Total Funds 3,481 160,232 163,713
Oc¢uÈign Envelope10". 27C13DBF-16D44626-AOD&F25F9AOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 2024 Tangible Fixed Assets Net Current Assets Total Unrestricted Funds General Fund 3,636 90,608 90,244 Restricted Fund5 BEPS Funding Grant Citizen Advice Liverpool Household Support Fund Foyle Foundation National Lollery Community Fund Sutton Croft Holiday Activities and Food 10,000 475 10,000 475 23 23 20,258 3,945 20,258 3,829 116 139 34,562 34,701 Total Funds 3,775 125,170 128,945 9. Unrestricted Funds Movements in the Year Income Expenditure 2025 Reserves at beginning of Year Reserves at end of Year General Fund 94,244 148,245 1140,8491 101,640 Movements in the Year Income Expenditure 2024 Reserves at beginning of Year Reserves at end of Year General Fund 15,112 247,096 {167,964) 94,244 General Fund is used to finance the chaiitable company's general activities as outlined in the Trustees, Report. 19
tktJgign Envelope ID.. 27C13DBF-16D4462&AOWF26FSAOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 10. Restricted Funds Movements in the Year Income Expenditure Reserves at beginning of Year Reserves at end of Year 2025 Arts Council National Lottery Project BEPS Funding Grant Citizen Advice Liverpool Household Support Fund Foyle Foundation Liverpool City Council Winter Fuel Grant Liverpool City Council Neighbourhoods Directorate Mpac Eat to Meet Mpa¢ Child friendly city training & grant opportunity National Lottery Community Fund Sutton Croft Holiday Activities and Food 27,000 {10,469) {10,000) {3,0241 {23) 1456) 16,531 10,000 475 2,92Q 371 23 500 20,000 1,700 1,000 93,414 14,499 (13,6501 11,7001 {1,0001 174,9631 {18,376) 6,350 20,258 3,945 38,709 68 Totsls 34,701 161,033 {133,661) 62,073 Movements in the Year Income Expenditure 2024 Reserves at beginning of Year Reserves at end of Year BEPS Funding Grant Citizen Advice Liverpool Household Support Fund Edward Gostling Foundation Elizabeth Rathbone Charitable Trust Eurogrant Foyle Foundation Mpac Eat to Meet National Lottery Community Fund Sutton Croft Holiday Activities and Food UKSPF Digital Connectivity 10,000 1,408 10,000 19331 (1,395) (2,000) 12,000) 1137) (9,000) {62,251) {15,503) 16,000) 475 1,395 2,000 2,000 160 23 9,000 61,445 19,448 6,000 21,064 20,258 3,945 Totals 22,619 111,301 199,2191 34.701 20-
DoCug Envelow ID.. 27C13DBF.16D44626-AOD6-F25F9AOD0496 SOLA ARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH MARCH 2025 These are monies given to the charitable company lo be spent at the discretion of the Board of Trustees for specific charitable purposes, as below. Arts Council National Lottery Project- Contribution lowards the running costs of SOLA'S creative engagement programme such as Festival 31 BEPS Funding Grant Contribution towards 16-19 year olds Creative Growing project supporting asylum seeker and refugee mental health through creativity, n8lure and Art Psychotherapy. Citizen Advice Liverpool Household Support Fund - Contribution towards Emergency food support for participants. Eurogrant- Contribution lowards Eurovision project costs Edward Gostling Foundation - Contribution towards art therapy and art activities Elizabeth Rathbone Charitable Trust- contribution towards the social development workers salary cost Foyle Foundation - Emergency COVID funding for core costs February 2020 to February 2021 Liverpool City Council Winter Fuel Grant- for utility costs Liverpool City Council Neighbourhoods Directore- to support festival 31 programme which engages young people with lived experience to develop an interactive and creative on-line toolkit. pae eat to meet - Contribution towards family school holiday activities. pac Child Friendly city training & grant opportunity- contribution towards training National Lottery Community Fund - Contribution towards core costs Sutton Croft Holiday Activities and Food Contribution towards family school holiday activities. UKSPF Digital Connectivity - Contribute towards to the running costs of SOLA'S creative engagement programme such as FESTIVAL 31 11. Operating Lease Commitments The organisalion has a lease commitment {one month notice) of £895 relating to a room at Toxteth town hall community resource centre. (2024.. £895). 12. Related Parties During the year end 29th March 2025, Adele Spiers, a trustee of the charity, received the following payments.. £14,23312024'. £14,714) for services provided as a self-employed facilitator. £31,97312024'. £30,577) as an employee ofthe organisation. 13. Contingent Liabilities The charitable company did not have any contingent liabilities at 29th March 2025 or 29 March 2024. 14. Guarantees As at 29th March 2025, 6 members had given a guarantee of £10 each in the event of the company winding-up, total. £60 {2024.' 6 members £601. 21