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2020-08-31-accounts

Solutins For Communities

Charity No. 1136960

Company No. 05915653

Trustees' Report and Unaudited Accounts

31 August 2020

Solutins For Communities Contents

Pages
Trustees' Annual Report 2 to 3
Statement of Financial Activities 4
Summary Income and Expenditure Account 5
Balance Sheet 6
Notes to the Accounts 7to 13
Detailed Statement of Financial Activities 14

Page 1

Solutins For Communities Trustees Annual Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 August 2020.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 05915653

Charity No. 1136960

Registered Office

9 Bond Street

Stratford London

ElS UT

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

D. Kroll

E. Kyazze R. Namugga Irene Ramrich

Accountants

EBD ASSOCIATES

SA MARKET STREET EAST HAM

E6 2RH

Page 2

Solutins For Communities Trustees Annual Report

The purpose of the charity as set out in its governing document...Trustees Report Objectives and Activities

Throughout the year of 2020 the aim of the ministry was to provide activities across the age spectrum so as to improve the social and mental health within the community.

The organisation also works in conjunction with other faith organisations therefore providing a cohesive faith forum across the community. A strong emphasis has been placed on the mental health of those in the community in particularly that of our children and young people.

Mentoring programmes and continual workshops are provided so as to guide those individuals within both employment and education.

Ministry-Children.

This group is specifically design to develop and enhance the creative skills of the younger children (5-12yrs) within the organisation.

The group operates twice weekly by zoom by two existing members who have substantial expertise within this area of work. The group is currently looking at creating their own within creative writing and arts the basis of which is our Christian faith. We are geared towards nurturing talent and confidence at this early stage so as create a solid foundation for secondary school and further education.

Annual Events

We have extended our network to our sister church's in the UK by engaging our members through both Zoom and Teams.

Although we were unable to meet due to the pandemic we were able to provide weekly services allowing members to come together during this difficult period therefore offering both support and comfort to one another. This also enabled us to continue with our annual events surrounding both our fundraising and worksho ps. Given this we were able to obtain significant donations of support to continue our missi on.

Ministry-Married Couples

The aim of this group is to provide support for those couples who may be experiencing difficulties within their relationships as well as support to those couples who seek the experience and wisdom of those who have been married for long periods.

We understand that in order to help our young people it is important that their parents are also supported adequately and this provides the ideal means of doing so

Ministry-Youth

The numbers for this has increased successfully given the pandemic we have sought to engage the young people within our organisation and that of the wider community. Through our safeguarding procedures we were able to gain the consent of parents to enable young people to stay engaged through our zoom. Through this medium, we were able to allow debates specifically surrounding presentations centring on motivational talks and debates in particular "Black Lives Matter" Due to the interest we seek to expand the Ministry Youth when restrictions allow us to have live presentations and workshops.

Ministry Hospitality

This initially started with the organisation providing meals for those who were homeless in the community and those who were less fortunate. Given the pandemic we sought to expand in our community outreach

Page 3

Solutins For Communities

work by asking our individual members to cook specific food dishes, which were then collected by some of our members and delivered to those who were economically deprived and to the elderly within the immediate community. There is a recognition that we will need to continue to expand in this crucial area of work due to the demands.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy to show the financial position of the charity and to enable them to ensure that the financial statements.

Independent Examiner's Report to the trustees of Solutions For Communities

I report to the charity trustees on my examination of the accounts of Solutions For Communities for the year ended 31August 2020 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act. Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(S)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

EBD ASSOCIATES 5A MARKET STREET EAST HAM E6 2RH

Page 3A

Statement of Financial Activities

Solutins For Communities

for the year ended 31 August 2020

I
Notes
Income and endowments
from:
Donations and legacies
4
Other
5
Total
Expenditure on:
ICharitable activities
6
Net gains on investments
Net income/(expenditure)
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2020
£
85,883
10,742
Total funds

2020
£
85,883
10,742		 Total funds

2019
£
97,561
97,561
99,898
99,898
(2,337)
(2,337)
(2,337)
13,235
10,898
96,625
88,484		 96,625
88,484
88,484 88,484
8,141 8,141
8,141 8,141
8,141
10,898		 8,141
10,898
19,039 19,039

Page 4

Solutins For Communities Summary Income and Expenditure Account

for the year ended 31 August 2020

Income
Gross income for the year
Expenditure
Total expenditure for the year
Net income/(expenditure) before tax
for the year
Net income /(expenditure )for the year		 2020
£
96,625
96,625
88,484
88,484
8,141
8,141		 2019
£
97,561
97,561
99,898
99,898
(2,337)
(2,337)

Page 5

Solutins For Communities Balance Sheet

at 31 August 2020

Company No.
05915653
Fixed assets
Notes
2020
£
Tangible assets
8
2,811
2,811
Current assets
Cash at bank and in hand
29,498
29,498
Creditors:Amount falling due within one year
9
(13,270)
Net current assets
16,228
Total assets less current liabilities
19,039
Net assets excluding pension asset or liability
19,039
Total net assets
19,039
The funds of the charity
Restricted funds
10
Unrestricted funds
General funds
10
19,039
19,039
Reserves
10
Total funds
19,039		 2019
£
3,428
3,428
16,740
16,740
(9,270)
7,470
10,898
10,898
10,898
10,898
10,898
10,898

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 August 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies .

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

Approved by the board on 31 August 2020

And signed on its behalf by:

Irene Ramrich Trustee

31 August 2020

Page 6

Solutins For Communities Statement of Cash flows

for the year ended 31 August 2020

Cash flows from operating activities
Net income/(expenditure) per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Increase in trade and other payables
Net cash provided by operating activities
Cash flows from investing activities
Dividends, interest and rents from investments
Net cash from investing activities
Net cash from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Components of cash and cash equivalents
Cash and bank balances		 2020
£
8,141
617
(10,742)
4,000
2,016
10,742
10,742
12,758
16,740
29,498
29,498
29,498		 2019
£
(2,337)
752
4,000
2,415
2,415
14,325
16,740
16,740
16,740

Page 7

Solutins For Communities Notes to the Accounts

for the year ended 31 August 2020

5 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability .

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relat es. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

Solutins For Communities Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relat es. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular acti vity.

Taxation

The charity is exempt from corporation tax on its charitable act ivit ies.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 9

Solutins For Communities Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a lia bility . The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity . Once the contributions have been paid the company has no further payments obligati ons. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

6 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 10

Solutins For Communities

Notes to the Accounts

7 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Expenditure on:
Charitable activities
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
5
Other income		 Unrestricted
£
85,883
85,883
Unrestricted
£
10,742
10,742		 Unrestricted
funds
2019
£
97,561
97,561
99,898
99,898
{2,337)
{2,337)
{2,337)
13,235
10,898
Total
2020
£
85,883
85,883
Total
2020
£
10,742
10,742		 Total funds

2019
£
97,561
97,561
99,898
99,898
{2,337)
{2,337)
{2,337}
13,235
10,898
Total

2019
£
97,561
97,561
Total

2019
£

Page 11

Solutins For Communities Notes to the Accounts

6 Expenditure on charitable activities

Expenditure on charitable
activities
Governance costs
Accountancy Fees
Bank Charges
Depreciation
7
Staff costs
No employee received emoluments in excess of £60,000.
8
Tangible fixed assets
Cost or revaluation
At 1 September 2019
At 31 August 2020
Depreciation and
impairment
At 1 September 2019
Depreciation charge for the
year
At 31 August 2020
Net book values
At 31 August 2020
At 31 August 2019
9
Creditors:
amounts falling due within one year
Other creditors		 Unrestricted
£
83,867
4,000
617
88,484
2020
£
13,270
13,270		 Total
2020
£
83,867
4,000
617
88,484
£
6,373
6,373
2,945
617
3,562
2,811
3,428		 Total

2019
£
95,050
4,000
96
752
99,898
£
6,373
6,373
2,945
617
3,562
2,811
3,428
2019
£
9,270
9,270

Page 12

Solutins For Communities Notes to the Accounts

10 Movement in funds

General funds
Revaluation Reserves:
Restricted funds:
Unrestricted funds:
Total funds
11 Analysis of net assets between funds
Fixed assets
Net current assets
12 Reconciliation of net debt
Cash and cash equivalents
Net debt
■		 10,898
At 1
September
2019
10,898
At 1
September
2019
£
16,740
16,740
16,740		 96,625
Incoming
resources
(including
other
gains/losses
£
96,625
Cash flows
£
12,758
12,758
12,758		 (88,484)
Resources
expended
£
(88,484)
Unrestricted
funds
£
2,811
16,228
19,039
New
HP/Finance
leases
£		 19,039
At31
August
2020
£
19,039
Total
£
2,811
16,228
19,039
At31
August
2020
£
29,498
29,498
29,498

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the comp an y.

Page 13

Solutins For Communities Detailed Statement of Financial Activities

for the year ended 31 August 2020

Net income/(expenditure)
Income and endowments from:
Donations and legacies
Other
Total income and endowments
Expenditure on:
Charitable activities
Governance costs
Accountancy Fees
Bank Charges
Depreciation
Total of expenditure on charitable
activities
Total expenditure
Net gains on investments
Net income/(expenditure) before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 10,898
19,039		 Unrestricted
funds
2020
£
85,883
85,883
10,742
10,742
96,625
83,867
83,867
4,000
617
4,617
88,484
88,484
8,141
8,141
8,141		 Total funds
2020
£
85,883
85,883
10,742
10,742
96,625
83,867
83,867
4,000
617
4,617
88,484
88,484
8,141
8,141
8,141
10,898
19,039		 Total funds
2019
£
97,561
97,561
97,561
95,050
95,050
4,000
96
752
4,848
99,898
99,898
(2,337)
(2,337)
(2,337)
13,235
10,898

Page 14