Ch•rfty I16560
Solutlons For Communltles Tnthees, Annual Rewrt Statement of Financial Acii¥lties 2to3 to4 Summary Income and Expenditure Ac<ount Balance Sheet to6 ststèmèrit of Cash Ilows t07 Notes to the Accounts 8t013 Detslled Ststement of Flnancial Artiv to14 Page I
S(Autlons For Comnwnltks The trustees. who are a150 dlfertotsofthe tharityfor the ofthe CompanSes Att 21, presentthelr report wlth trR unaudlted Ilnandal Statem Of dwtyforthe year er#led 31 August 2022. REFERE A14D ADMINISTRATIVE DETALS Compny No. 05915653 Chartr No. 111369fj0 Realstered Offl 9 Bond Street Strarford London E15 ILT Dlrectors and Truste The Dlrectors of the thafttable cOrnny are Its Tnee$ for the purposes oftharlty law. The followlng Llrertors and Tntstees seThed durtrqthe vw. D.F. Kroll E. Nabatsl R. Neriah l. Ramrlch Actountsnts EBD AssoaATES 5A MARKET STrEET EAST HAM E62RH Poge 2
Solutlon$ For Comnwnltles The main activibes undertaken in relion to those puTr4w...The objects% lor the ministry was to continue to focus on the work that we had started in the prioraT with the emphasis oftrying to help those members within our ministry and with the wider context ofthe commufiity. We are ofthe un(kntsndin8 the current economic cllmate and the current sodal injustice that we face wlthin ourcommunltles. The minlstry seeks In contlnulng to support these Issues that are Inr4riaNy havi a dethmentsl ¢)n our members and those withln our community. Glven the nature of our tontlnued work and the expans1(bn on rnany of our proyammes that are becomlng Induslve of our immediate community we are also currentty expn8 the Idea of purdsIng a permanent resldence for ourselves whkh would negatethe need for to be paying cortlnuous rent but would In the lon8 temi benefrt the nature of our wo Community Otrtreath We are committed as an IK8anisation In 5UPPrytin8 the less fortunats Indmduak wFthln Lyjr or8anlsatlon and community. Our outreach pro8ramn hos contlnued to Strf In Its endea¥ows ar had a nllkant Impact on those wlthln the COMMlty. Our membets are extrenth dedkated toth15 WQ8ramme of and are fulty aware of Its Importance to not onty the mlnlstry tArt also the communlty. The abllttyto silll 8aln food arKI household Items so as to fund thls progTrmme Is a testament to our members hard and commltmenL Mlnlstry Programmes We have devlsed and Incorpor•ted a varkty of dWlerrt WO8rdmmes so that we support the ment41 health and well-be1 of those memb5 withln our organi5ation. We ha¥t become Inueasln8ly mlndful of the fart that these 5•me Is5ue5 are apparent In the 1 comnwnlty and so we are conslderfng extendin8 these Pfogrammes by invitin8 those members in the communlty so that ttry may also derlve some beneflts from them. We are particularfy lookln8 * the Chlldren's and people's programmes as we are aware of the Yarious155ue5 that youn8 pÉwle (vrrently face. Mlnlstry Hospltsllty. Theorg¥nts•tlon contlnues In Its support of Its members and •s such seeks to empowtt Its members not only splrltualty but educatlonally and as su¢h. continue to thise rele4arrt trainln8 programmes for them. We have declded to focus on problematlc Issues that fa our mernbers for example parentlr* classes for those wlth chlldren and ftnd It dtfflcult to manage the expectatlons of thelr thlldren asthey tots arÈ facÈ mountlng Issue& We see thh as an Important area ofth v•hkh the cwwent %)dNornI¢ dlmate thls wlll contlnue to tske wffedence for us In the forth0 0 The Trustees are responsible for keeplng pToperaccountI record5 that dlsclose wlth reasonable accuracy at ary tlme the tlnanclal posltlon otthe chartty and to tnable them to ensure that the financlal statements comply wlth the Companies Att The Twstees are also respon&ble for safe8uardin8 the assets of the tharlty and hence tsklng reasonable steps for the pre¥tIOn and detectlon of fraud and other Irre8ularttles. The above report has beeft prepared in accordan with the wryllsions applicable to companies subject to the small companies re8irne as set out in Part 15 of the Companies Act 2(M)6 and In accordance wlth the Chariite5 50RP IFRS 1021. Signed on behalf of the board l. Ramrlch Trustee 31 Marth 2023 "Èage 3
Solullons For Communltles for the ywended 31 AW 2022 funds TolJl funds Totrl fvnd5 2021 Donations and legacies Other 104335 20.160 104.935 20.160 81.151 17,867 Totsl sms I25,15 99,0 Charitable actlvltles 123NII 123.411 93,042 Total 123.411 123.411 93.042 Net 8aln5 on Imie5tments N•t Incom• 5,976 Transfers between funds Net Incom¢ bth oth Insl{loss•sl 5,976 IXh•r z•kns •nd IoM•s 14et movemert In fun& 1.684 5.976 Ae¢on¢lllatlon ol funds- Total funds brou8ht I0rd 25,015 25,015 19,038 Totsl fundi urrl•d forntyrd 25.015 26.699 25.014 Page 4
Solutlons For Communltl•s for the year ded 31 2022 Income 125.095 99.018 Gro55 Income forthe y&r Expendlture 125.095 99.018 123.411 93.042 Totsl expendltsre fr>r the Net Income beth tsxfor the 123AII 93.042 5,976 14•t Incom• forth• 5,976 Page 5
Solutlons For Communllles Balance Slmt Company Plo. 05915653 Tangible assets 2.305 1305 1.890 Cash at bank and In hand 35,439 35A39 IW,630) 24,809 36,479 36,479 {13,7701 22,709 rJ•dltovs: Amount falllng due wlthln oneyear Totsl *ts•ts l•u curr•nt Il•1 25,014 25,014 Totsl n•t Asmts 26,699 25,014 Thefvnds ofthe dwlty Endowment fvn"d5 25A115 25,015 25,015 25,015 Unr¢strkt¢d fvnd$ General funds io Totsl fun 26,699 25,015 These atcounts have been prepared In accordance wlth the spedal provblms of Part IS ofthe Companles Art 21J06 relatln8 tosmall companiek For the year ended 31 August 2022 the compary was eThtled to exempkn urthr sectlon 477 of the Companles Art 2006 relatlng to small cofflpanle The member5 have not requlred the companyto obtaln an audlt in atcordance wlth 5eciion 476 of the Companles Art 2(X)6. The directors acknowledge thelr responslbilitlesfoT tompl1th the requirements of the Companles Act 2(A)6 wlth respect to accIntIng recwth and the weparatlon ofaccounts. Approved by the board on 31 March 2023 And sl8ned on its behalf tpr. l. Ramrlch Trustee 31 March 2023 Page 6
SoluthJn5 Far CommltIeS for Iht year 4fftd 31 AW 2022 5,976 Adlustmentsfor. Depreclatlon of property. plant and equlwient Didends, interest and rents from in%*stft 415 120,160) 506 117,867) N•t umd In op•r•tlw •¢d¥ll 111.385) Cash flows from lThvesth¥ •ctl%4tl 20.160 17,867 20.160 17,867 N•t In¢r••w In ash and •qthalents 6,482 Cash •nd ash •qulval•nts It th• olth• y 36.479 C•sh 4nd cath •qulval•nts atth• •nd rfth• y 38578 6.482 Cash and bank balances 35A39 36.479 35.439 36.479 Page 7
Soluthns For Communltles for the year end 31 AW 2022 Thefinanual statemerts hafe been prepwed in accordan wlth ACCLWntt and Reporting by Charitles: Statement of RecoMMered Prattice appable to chaiities prepar¥vd thelr Kcounts in accordance wlth the Flnancial Reportirw Stsndard appl"Icable In the UK and Republlc of Ireland {FR5 1021 leffectlve I January 20151- {Charitie5 SOAP {FRS 10211. the Financial Reportiry8 StsThJard applicable In the UK and Republic of Ireland IFRS I(T2) arKI the Companles Att 2(. Chany In b8sl$ of a¢¢4wnllry orto There has been no change to the accounti1¥ policies l¥aluatlon rules and method of actntin8)SInCe last year 4nd no changes been made to for prevknts years. Fund a¢Munlh Ure$thd funts These are afdllable for use at the dlscrth ottrtrUStees In furthernnce ofthe general oblects ofthe thaflty. Deslgnated funds These are unre5trkted funds eammthd by the trustees for partlcular purpjses. Revaluatlon funds These are unre5trlcted fuftd5 which Indude a revaluatlon reserve representlr the Restrlth funds are wdli ablcfor use srtto re5tTlthns Imposed by the dortor orthrou8h of an appeal. In¢om Recognltlon of Inwme Income Is induded In the Statement of FinancTral Actlvltles (SOFA) when the charlty bec<rn entltled to, and vlrtually certaln to receive, Income and the aff1nt of the irKome can be measured wtth suffident feliabillty. Income wtth felated Where Inc¢xme has related expwmllture the Income and related expendlture Is expendlture rewjrted gross In the SOF Donatlons and le8#des Voluntsry Income recelkn b¥ way of8rart% donations and ffts Is Sncluded In the the SOFA when recelvable and onty Charlty ha5 unc0nd1t1al entitlement to the income. Tax reclalm5 on Income from tsx redalms Is Ind In tt 5oFAat the Same tlme astr (h)natlons and 81fts glftlth)natlon to whlch It relates. Donated services These are ¢mly Induded In income (wlth an equfvalent amount In expendlturel and f¥IleS where the benefft to the Charlty15 reasoTrab quantlfiable, measurable and material. Volunteer help The vats of ary volunteer he rEceId is nrt induded In the accounts. Investment income This is induded in the accwnts when receibpble. Galnslllossesl on This indudes any Baln or l(w rew1 fTThn rewdlultw InVeSth to market value ievaluation offixed at the end ofthe r. assets Gain511105sesl on Jnvestmenta&gets Th15 Indudes anypln or on tt* Sa of InveStrnts. Page 8
Solutlons For Communldes Elpendliurn Reco8nition of expenditure Expenditure 15 recognised on an acuu basis. Expenditure Indudes any VATwhlth cannot be fulty recover& and Is reported a5 part of the expenditure to whlth It relates. Expendlture on These comprfse the costs associated wlth attractlwd Voluntary Income. fundralslng ralslng fund5 trading costs and Insknent managent Q)5ts. Expenditure on These comprise the costs incurred by the Qrity In the dell¥ery of Its actlvitles and charitable arthltle5 5erwces in the furtherance of Its objects Indud1 the m•kln8 of grants and Grants payable All grant expendlture is atCnted for an art1 paid basis uS an accrual for grnntsthat have been apwobtd by trustees It the end ofthe year tsJt not yet paid. Governance costs These Include those costs aSdated wth meefjn8 the constltutlonal and ststutory quirements of the Charlty. Indudln8 any aAllldependent examinatlon fees, costs Ilnked to the strategk mana8ement ofthe Charlty. together wlth a share of (rther admlnlstratlon co#& Other expendlture These are 5UPPOrt costs not alled to a partlcular aCtIty. Taxatlon The chadty Is exempt from ¢orporlon tsx on Its dmrttsbk athltles. Investment propertles are measured inltially at cost and subsequentty at falr value at each balance sheet date and are not depreciated. All 1n5 or losses are tsken to the Statsment of Flnandal Artivltles a5 they .arlse. St¢xk Is kn¢luded at the lower of cost or net reaSisable value. (Yonated Ilems of sttxk are recognlsed at falr value whl¢h15 the amount the charlty would been willlng to pay forthe Item5 on the open market. Trade and other debtors are reco8nlsed atthe Settlent aM(ftt due •fter any tr•de d15count offered. Prepayments are valued at the amount prepald rt Of trade dbcwnts d Cash and equh•l•nts Cash and cash equlvalents comptse cash at bank and on hand, demand deFrf)51ts wllh banks and other 5hort-term hlghty Ilquld In%trtments wlth orlglnal matufttles of three months or less and bank overdrdfts. In the statement of financial posltlon. bank oNrdrafts are shown wrthin borrowings or current liabilitle& In the Statement of Cash FW5, cash and cash eqUilents are shty•m net of bank overdrafts that are repayable ¢M demand and fomi art Inte1 part of the comparfs cash managetrL Trade and other (ndlto Short term credltors are measured at the trarbsatim fv. Other uedltors and ffislons are recognlsed where the charity ha5 a present obllgation rul1[fr(m1) a wt e*nt that will probably result In the transfer of fvjnds to a third party arKI the arnount due to settle the obligation can be measured or 'estlmated reliabty. Creditors and pro¥lslons are nomwlty recogrused attheir settlement amount after allowing for aFry trade discounts due. Page 9
Soluilons For Communltles Expenditure on research and is written off in theyear in whith it 15 inoJTre Forelsn ¢urrnnd•s Mortetayy assets and liabillties dencthlnatell In currencles other than the functlonal ojrrency of the charlty are translated atthe rates of exchan8e wevailin8 at the end of the reportln8 wrfod. Transactions in currencies otherthan the functional curraKy of the tharity are recorded at the rate of exthange on the date that the transaction occurred. All exchange differences are aretsken irrto acccyjrt in at net imnelexpenditure. Leased assets Where the charlty erters Into a lease whkh entalls sntIallY all the Tlsk5 and reward5 of ownershlp of an asse( the lease is treated as a finarKe lease. Leases whlth do not trnnsfer substrtlally all the rlsks arxl rv4rd5 Iv•nehIP to tharlty are dassffled s opÈratin8 lea. Assets held under flnance lea5e5 are Inltklty reco8nlsed as assets of the tharlty atthelrfalrvalue at the Inceptlon of the lease or. if lower. at the present value of the minlmum lease payments. The correspondln8 Ilablllty to the less 55 Induded In the balance sheet date a5 a finance tease obllBatlon. Lease payments are apportkr& between fin•nce expen and reductkm ofthe lease obllgatlon so as to aehleve a constant rate of Interest on the remalnln8 balante of the Ilabillty. FInan expenses are recoBnlsed Immedlatety. unless are dlredty attrlbutable tt) qual11¥ asgets, In whkh case they are ¢apltallsed In accordance wlth the charltys pollcy on borrtrwin8 Costs. Assets held under finance leases are depredated In the same as tr4med assets. Optratlng le•5e p•yments are recoBnlsed as an exPe on a straltht41ne basts the lease term. In the cvcnt that lease Incenkn are reld to ertcr Into leases. suth Incentfves are re¢o8ntsed as a Ilablllty. Tr agerewe benefft of Incenthes ts retfj8ftlsed as a rethKtlon of fentsl expense on a straliht-llne basLs. The charlty operate5 a defined contrlbutlon pL4n for Its emplo& Adeflr*d contrlbutkn plan 15 a penslon plan under whith the company Ilxed contrlbutlons Into a separate entlty. Once the contr5butlons have been pald the company ha5 no further payments obllgatlons. The contrlbutlons are recognlsed as expenses when they fall due. Amounts not pald are shown In accruals In the balance sheet. The assets of the plan are hekl separately from the CpanY in admlnlstered funds. All donated goods. facSlltles and servlces recelhyd we recoBnlsed wlthln Incomlng re50urce5 and eXpendure at an estlmate of the value to the drIty. 2 Comp•ny ststus The company Is a prirdte cofflparry limlted tr18uarartee and ConseqUtI¥ does YKrt have share capital. Page 10
So110n5 For Communltles furth Totrl fvnd$ Income and end0Vm fraffl: Clonation5 and leg Other 8L151 17A67 81,151 17,867 99.0 99,018 Expendlture on: Charitsbbe actmtles 93.042 93,042 Tot•1 93.042 93,042 14•t In¢ome 5.976 5,976 14et InMm• befor• ¢ plnsllloss•s) Other84lns wxl l¢)sMs.' N•t mov•m•nt In lunth 5J76 5,976 5976 Recondlltlon af funds: Total funds brought forward Totsl funds rrI•d lonward 19,038 19.038 19,038 5,976 25.014 Totsl Totsl 2021 104.93S 104.935 104,935 104.935 81.151 81,151 5 Oth•r ham• Total Total 2011 20,1 20.160 20,160 20.160 17,867 17,867 Page 11
Solutlons For Communltles Tatsl 2021 Expendituff on dmyrftoble artivltle5 )N96 120,496 88,536 Profe551onal Fee 1500 415 Oeprecltion 415 506 123AII 123,411 93,042 7 Stsff costs No employee recel%Yl enrneDts Sn exte55 of £e4).CW. 8 T•wlble Ilx•d •ss•ts Cosl or r•¥•lu•llon At I September 2021 At 31 Au8Urt 2022 D•preclatlon •nd Impalrnient At I September 2021 Depreclatlon char8e for the year At 31 Au8ust 2022 N•t book v*lu•s 373 6.373 6,373 6.373 415 415 At 31 August 2022 At 31 Au8USt 2021 1.8 2.305 1305 amounts falllw due wlthln oneyear 2021 10.630 10.630 13,770 13,770 Page 12
Solutlons For Communltles 10 Mowment In fu (hxludl other expended At31 Ati Réstrlct•d fvnds: Endwment fun¢ts: 25m5 25PIS Totol 25XIIS 25,015 Uhrnstnrtfjd fvndk. G•ner•l lunds 125,095 1123,411) Total fund> 11 Ana$ of Mt ajxts b•tw••n funds 125.095 1123.411) 26.699 Total Flyed assets Net current assets 24,809 26.699 26,699 12 tsc•n¢lll#tlon of n•t d•bt Ati At31 Cash and cash equfvalents 36,479 36,479 11.0401 11.1)401 35.439 35,439 Net debt 36.479 11,0401 35,439 13 R•l•t•d party dlsdoArn Contromngp The company ts limlted by 8uarartee and has noshare Ca1. thus no slryle party controls the company. Page 13
SO1105 For Comnmmltles for the ywr ended 31 A¥ust 2022 Totsl funds Totsl fvnds 2021 Donations and legacies 104,935 104.935 104.935 104.935 81,151 81,151 other 20.160 20,160 125.095 20.160 20.IE4) 17,867 17,867 125.095 99.018 Expendlture on: Charltable actlvltles 120,496 120,496 120,4% 120.4% 88,536 88.536 Professlonal Fee Oeprecltion 415 1915 415 1915 506 4,506 Totsl ol4xpendl1 oh d*ltsl 123,411 123AII 93,042 Total •xp•ndltur• Net 8alns on Investments 123,411 123.411 93,042 5,976 5,976 Other Gains Net movement In lufids 5.976 Ilo¢onclllailon ol fwN Total funds brou8ht forward 25m5 25.015 19.038 T¢xal lund$ ¢•ffled frd 25,015 26,699 25.014 Page 14