Solut10 For Communltles Charlty No. 11136960 Company No. 05915653 Truste•5' R•port and Unaudked ACnts JI Auysl 20Z3
Solutlons For Communltle5 Contents Pa8es TTUStees' Annual Report Statèment of Flnancial ActNltie5 Summary Income and Expenditure kcount Balance Sheet ststement ofcash flows Notes to the Accounts 9t014 Detalled Ststement of Flnandal Actlvlties Isto Page I
Solutions For Communltles Trwstees Annual Report The trustees, who are also dirertors ol the charlty for the purposes of the Companles Art 2006, present their port with the unaudited finznaal statements of the charity for the year ended 31 August 2023. REFERENCE AND ADMINISTRATIVE DEfAIiS Company No. 05915653 Charlty No. 11136960 RrySst•r¢d Offlc• 9 Bond Street Straford LONDON E15 ILT Dlrertors •nd TNst••s The Dlrectors otthe charftsble company are Its Trustees forthe purposes of charity law. The followlni DSrectors and Trustee5 seNed during the year. D. Kroll E. Nabatanzl R. Neriah l. Ramrlch Acwuntsnts E80 Assoclates 5A Market Street East Ham London E6 2RH OWECTIVES AND ACTIVITIES Page 2
Solutlons For Communllles Trustee5 Annual Report The maln actlwties undertsken in rdation to those purSes..o[1lon5 for Communities continues to provSde the health and s(Kial and mental health wtthin the community. It continues to work wlth other falth organisations to provlde cohesion within the community Sector. The prime aim is placed on thè ment81 health wlthin the commvnity with empha515 On work with young people and adults. We have also established key mefttorin8 programs to support and encourage those within the communlty. Achievement and Performances Outreach Minlstry.. Thls area of work remaln5 Pivotal forthe Solutions for Communities. Members and volunteers work hard wlth the continuation of our work with the elderly at thè Durning Hall Communlty Centre. particularty after the covid-19 pandemic when this had to cease. We have establlshed that this is a continual demand and the outcome as far as the elderly ha5 been very positlve. We can provlde weeklv lunthes and activities in conlunction with the care home A5 the pandemic has ceased, we have now encouraged our members to adopt a much healthler lifèstyle. This Is a result of local research wlthln the communtty as to the ri5in8 rates of Obesity and health Issues wlthln the local community. We have targeted both children and adults th our weekty fitne55 programs. We have become aware of the decllne of indiwduals mentsl health amongst those in our local communlty and as such have focused our efforts on thls i55ue by worknn8 wlth a charitable counselling organisatlon that helps to provide us wlth counselllng se55ions for both our young people and adults. Thi5 has been of tremendou5 help to us, and we would Ilke to contlnue to focus on this and are therefore 5eekin8 asslstsnce and support through other similar organisations. As the economic cllmate has affected all wlthln the communlty. we have 3150 held financial workshops onlSne which has ?Ided In helping indNiduals in becomln8 more awa of the finanaal matter5 that may affect them. Youth Ministry.. The current Issue of Gan8 and Knlfe crime has been of concern to us, and we have worked across the communlty as Street Pastors glvin8 a bSblieal approach to thls issue. The result has had Some good result5, and we alm lo continue with this for the forthcoming year. Elderly.. We have become mlndful of the impart that the pandemlc has had on the elderfy and so we have increa>ed our pastoral care wlth those In the care home5 and the surroundln8 communlty. Our volunteers asslst wherevèr necessary wlth shoppln& housework or any remanences that15 requlred. We ensure that a cooked meal is provided weekly. and th15 Is received well by all. The Trustees are respon51ble for keepln8 proper accounting records that d15dose wlth reasonable atturacy at any time the financial positlon of the charity and to enable them to ensure that the financial statements comply with the Cornpanles Act 2W6. The Trustee5 are also responsible for 53fe8vardin8 the asset5 of the charlty and hence taking reasonable rteps lor the pre¥enUon and d•t•ctlon of fraud and other Irre8ularltles. The above report has been pPared In a¢cordance with the pslOn$ appll¢able to companies subject to the small companles 81me as set out in Part 15 of the Companie5 Act 2(#)6 artd In accordan¢e wlth the Charities SORP IFRS 1021. Slgned on behalf of the board 1.6LQ',Lki l. Ramrf¢h Trustee 31 March 2024 Page 3
5olutlons For Communitle5 Independent Emaminers Report Independent Examlnerfs RÈport to the trlee$ ofsolutknns For Communltles I report to the charity trustees on my examination of the financial ststements of Soluti¢)n5 For Communities for the year ended 31 Au#ust 2023. Responsibilltles and basis of report As the charity's tru5tee5 of the company land also its directors for the Purposes of company lawl you a responsible for the preparation of the financial Statements in accordance wfth the requirements of the Companies Act 2006 Ilhe 2006 Act. Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are ellzible for independent examlnation. I report in respett of my examination of yO(Tr charivs financial statements as carried out under section 145 of the Charlties Art 20111'the 2011 Art'l. In carrying out my examin3tion I have followed the Dlrertlons 8iven by the tharity Commission under section 145151 Ibl of the 2011 Att. Independerf examln•rfs ststem•rt I have completed my examination. I can confirn) that no material matters have come to my attentlon in connection wtth the examlnation 8iving me cause to believe.. • accounting records were not kept in accordance wlth section 386 of the 2(M)6 Act: or the financial ststements do not accord wth those records: or • the financial statements do not comply with the accountlnÉ requirements under sectlon 396 of the 2006 Act other than any requirement that the financial ststements 8ive a Irue 4nd falr, View which Is not matter considered as part of an indèpendent examlnatlon,. or the financlal statements have not been prepared in accordance wlth the method5 and princlples of the Statement of Recommended Ptsctlo for accountin8 and reporting by chadties applicgble to charltles preparlng their accounts In accordance with the Financial Reporting Standard appllcable in the UK and Republ1¢ of Ireland IFRS 1021. I have no concems and have come across no other matten in connectlon wrth the examination to which attention should be drawn In th5s report In orderto enable a proper undefStandln8 of the financial statements to be reached. Assoclates SA Market Street East Ham London E6 2RH 31 March 2024 PaBe 4
Solutlons For Commvnltles Ststement of Flnanchl ActltIeS forthe ar ended 31 August 2023 Unre5trkned funds Total funds Total funds Z023 2023 2022 Notos Income and endowments from: Donatlons and le8acles Charltsble artivities 105.424 105,424 104,935 20,160 Totsl 105.424 105,424 12S,095 Expendlture on". Charitablè actitIeS Total 104.202 104.202 104,202 IZ3,411 Net gains on Snvestments Net Income 104,202 123,411 1,222 1,222 Transfers between funds Not In£om• belore other ialnslllossesl 1,684 1.222 1,222 Othergalns and Iosms N•t movement In fvnd5 1.222 1,222 R•con¢lllallon of funds: Total funds brought forward 26,699 26.699 25.015 Tolal funds carrhd lorward 27,921 27.921 26,699 Page S
Solutlons For Communltle5 Summary Income and Expendlture Atfount forthe year ended 31 Au8USt 202a 2023 2022 Income 105.424 125.095 Gr055 Income forth• y••r Expendlture 105,424 125,095 123.411 104.202 T¢)tsl pendItUrn for the year Net income before tsx for the year Net Incom• forth• ye•r 104,202 123,411 1.222 1.684 1.212 Page 6
5olutlons For Communhies Balance Sheet at 31 Au8USt 2023 Company No. 05915653 2023 2022 Fix•d assets Tangible assets 2,380 2.380 1,890 1.890 Current assets Cash at bank arKI In hand 31,521 31.521 15.9801 25.541 35,439 35,439 110,6301 24,809 Credltors". Amount falllng due withln one yèar Net curr•nt assets Totsl ass•ts Iw cvrrent Ilabllltles Net ass•ts *xdudlni ptnslon wet or Il•blllty Total net assets 27,921 27,921 26,699 26,699 27,921 26,699 The fvnds ofthe charlty R05trlcted funds UnrÈstrlcted funds General funds io io 27.921 26,699 27,921 R•ieN 26,699 io Total lunds 27,921 26,699 These accounts have been PrePad In accordan wlth the special provislofts of Part 15 of the Companles Act 2W6 relatSn8 to %nall companles. For the year ended 31 August 2023 the company wa5 entitled to exemptlon under sectlon 477 of the Companles Act 2006 relatln8 to small companies. The member5 have not required the company to obtsin an audlt In ac¢ordance wlth sectlon 476 of the Companie5 Act 2thJ6. The dlrectors acknowlèd8e thelr re5ponslbllltle5 for complyln8 wlth the requirements of the Companles Act 2LTr)6 with respect to accountln8 records and the preparatlon of accounts. Approved by the board on 31 March 2024 And $18ned on Its behalf by: l. Ramrich Trustee 31 March 2024 Page 7
Solution5 For Communlties Statement of Cash flows forthe year ended 31 August 2023 2023 Z022 Cash flows from operatlng actl¥it1è5 Net Income p•rStstemert of Flnanclal Artlvltles 1.222 1,684 Nèt cash provlded by operatlni aetlvftles 1.222 1099 Cash flows from Investlni a¢tl¥ftk5 Payments for property. plant and equlpment 14901 Net cash used In In¥estlng Ktl 1490) Net cash from financlni act111•1 P4•t IbKr•ase In r4sh •nd e4ul¥al•nts 732 2,099 Cash and cash equfvalents at th• brylnnlnl of the year 35.439 Ca$h and cash equfval•nts •t the end of the y•ar 36.171 2,099 Components olcash and cash equlvaleftts Cash and bank balances 31.521 3S,439 31,521 35,439 Pa8e 8
Solutlons For Communltles Notes lo the Accounts lortht year ended 31 Augvsr 2023 l Accountlni polS¢ies Basls of preparniion The financi31 statements have been prepared In accordano wlth Accounting and Reporting by charles.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnancial Reporting Stsndard applicable In the UK and Republic of Ireland IFRS 1021 (effectivè I January 20151 (Charities SORP IFRS 10211. the Financial Reportlng Standard zpplitzble in the UK and Republic of Ireland IFRS 1021 and the Companies Art 2¢. Change In basls of aetountlnz or to prevFous accounts There has been no chan8e to the accounting policies Ivaluatlon rules and method of acc¢)untln81 sln¢e last year and no changes have been made to accounts for previous years. Fund accountl Unrestricted funds These are avallable for use at the dI%tIOn of the trustees in furtherance of the general objects of the charity. These are unrestrirted funds earmarked by the trustees for particular purposes. These are unrestritted funds which include a revaluation reserye representln8 the restatement of investment assets at their market values. These are available for use subject to restrictions Imposed by the donor or throu8h term5 of an appeal. Deslgnated funds Revaluation funds Restrtcted funds Incom• Recognltlon of Income Inrome Is Included In the Statement of Financlal AttltIeS ISOFAI when the charlty becomes entitled to, and vlrtually certain tt> receive, tht income and the amount of the Income can be measured with sufficient reliability. Income with related Whère income has related expendItU the income and related expenditure Is e¥pendlture reported gross in the SOFA. Donations arKI le8acies Voluntary incomè received by way of 8rants, donatlons and ilfts is Included In the the SOFA when recelvable and only when the Charity has uncondition•l entitlement to the Sncome. Tax reclalms on Income from tsx ClaImS Is Included In the SOFA at the same tlme as the donatlons and gifts 8ift/donatlon to whlch It relates. Donated services and facllities ThÈ5e are only included in income Iwlth an equivalent amount In expendlturel where the beneflt to the Charity is reasonably quantlfiable. measurable and materlal. Volunteer help The value of any volunteer help recelved is not Included in the accounts. Investment Income This is Included in the accounts when receivable. Ga5nslllosses1 on This includes any lain or1055 resuhinu from Tevaluln8 Investments to market value revaluatlon of fixed at the end of the year. assets Gainslllossesl on investment assets This includes any lain or loss on the sale of Investments. Page 9
Solutlons For Communitres Notes to the Accounts Expend1 Recognltion of expenditure Expendrture is reco8nised on an accruals b3515. Expenditure includes any VAT whlch cannot be fully recovered, and is report as part of the expenditure to which it relate5. Expenditure on ra15ing funds These comprise the costs assoclated with attracbng voluntary Income, fvndraising Expenditure on trading costs and investment manaKement Costs. These comprlse the costs incurred by the Charlty in the delivery of Its actlvlties and ch?rftable actfjvltles seNces in thè furtherance of its objects. induding the makin8 of grants and govemance c05ts. All grant expendlture Is accounted for on an actual paid basls plus an a¢¢rual for grants that hz¥e been approved by the trustees at the end of the year but not yet paid. These include those ¢05ts associated vrith meetlng the constrtutlonal and statutory requirements of the Charlty. Induding any audi1ndependent examinatlon fees, Costs Ilnked to the strate8lc management of the Charity. together wlth a share of other administration costs. These are support costs not allocated to a particular actlvlty. Grants payable Governance costs Other expendlture T•xatlon The charity15 exempt from corporati¢M ta¥ on Its tharltable attivlrfes. Freehold Inveslm•nt pmp¢rtv Investment properties are measured Inltlally at cost and subsequently at falr value at each balance sheet date and are not deprecSated. All gains or lomes are taken to ststement of Flnanclal Actlvltles a5 they arlse. Storks Stock Is included at the lower of cost or net reallsatAe value. Donated Items of stock a recogn15ed at falr value whS¢h 15 the amount the chartty would have been willln8 to pay for the Items on the open market. Trade and other debtors Trade and other debtor5 are recognlsed at the settlement amount due after any trade d15count offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash Ind osh •qulnl•nts Cash and cash equivalents comprise cash at bank and on hand. demand deposlts with banks and other short-term highly liould instMentS wtth 0ri8in31 maturities of three months or le55 and bank overdrafts. In the statement of flnanc6al p)sition, bank overdrafts are shown wthin borrowin8s or current Ilabllltles. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand an(J form an Inteual part of the companvs cash mana8ement. Trnde and other ¢redttors Short term creditor5 are measured at the tran5actlon price. Other credftors and provisions art reco8nised where the charlty ha5 a present obllgation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settte the obligatlon can be measured or estlmated reliably. Creditor5 and provislons are nomlally recognlsed at thelr settlement amount after allowin8 for any trade discounts due. PaKe 10
Solutlons For Communltles Notes to the Accounts Research and development Expenditu on research and development is written off in the yèar in whith it is Incurred. For•F8n currendes Monetary asset5 and liablltbes denominated In currenaes other than the fvnctional currency of the charity are trènslated at the fttes of exchange prevailin8 at the end of the reporting period. Tran5aCtlons in cUTnCIt5 other than the functlonal currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange dlfferences are are taken Into account in arrtving at net income/expendlture. Leased a$5ets Where the charity enters into a lease which entails tsking substsntially all the risks and rvwards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the rtsks and reward5 of ownership to charity are classifled as operatlng lease5. Assets held under finance lease5 a initially recognised as assets of the charlty at thelr fairvalue at the Inception of the lease or, If lower. at the present value of the mlnimlrm lease payments. The correspondlng liab51ity to the lessor is included in the balance sheet date as a finance lease obllgatlon. Lease payments are apportioned between flnance expenses and redurtion of the lease obligation so as to achSeve a constsnt rate of interest on the remainini balance tsf the liablllty. Finance expenses are recognised Immediately. unless they are dlredy attributable to qualifylng assets, In whS¢h case they are capitaltsed in ac¢ordan¢e wlth the charity's policy on borrowing Costs. A55ets held under finance leases are depreciated in the same wèy as owned assets. Operating lease payrnents are recoBnlsed as an expense on a strai8ht-Ilne basls over the lease tern). In the event that lease Incentives are recelved to enter Into operatin8 leases. such Incentive5 are recognised a$ a liability. The èg8regate benefft of nne5 is recogni5ed 15 a reductlon of rental expense on a straSght-Ilne ba51s. P•n51on ¢05ts The charity operates a deflfted contrlbutlon plan for Its employees. A defined Contrlbution plan Is penslon plan under which the company pays fixed ¢ontributSons into a Separate entlty. Once the contrlbutions have been paid the company ha5 no further payments obliBation5. The contrlbutSons are recognised a5 expenses when they fall due. Amounts not pald are shown In accruals in the balance sheet. The assets of the plan I held separately from the company in independently admlnlstered funds. Re¢•lpt ot don•t•d Boods, hdlltl•s and seThlces All donated goods. fac511tles and seNces recelved are reco8ni$ed 1n incoming resources and expenditure at an estlmate of the value to thè charlty. 2 Company stalus The company Is a prlvate company Ilmlted by guarantee and Consequen does not have share capttal. Pa8e 11
Solutlon5 For CommunltF•s Notes to the Accounts 3 Ststement ol Hnandal Actlvitles- fv year Unrèstrlrted funds Total funds 2022 2022 Income and endowments from". Donations and legacies Charltsble artlvities 104,935 20,160 104,935 20,160 Tot•1 125.095 125,095 Expendlture on: Charitsble actIvleS 123.411 123,411 Total 123.411 123.411 Net Income 1,684 N•t Income befor• other Other ylns and lomes". Net movement In lunds 1,684 1,684 R•conclll•tlon of lund$: Total funds brought forward Total funds (arrled forward 25,015 25,015 26,699 26,699 4 Incom• from don•lloni •nd l•i•cl Unrestrkled Total Total 2023 1022 105.424 105.424 105.424 105,424 104,935 104,935 5 Income from tharf¢•bl• a¢tMths Tot•1 Total 2022 202$ 20,160 20,160 Page 12
Solutlons For Communttles Noie5 to the Accounts 6 Expenditure on £harhable artlvltle5 Unrestrkthd Totsl Totsl 202Z Z023 Expenditure on cht7ritoWe urtivitie5 l(Kl.197 100,197 Governance costs Bank Char8es Depredtlon Professlonal Fees 120,496 105 105 415 3.900 104,202 3.9CQ 104,202 123,411 7 Staff costs No employee received emoluments in excess of £60iW. 8 Tanble flx•d assets Cost or rlUatIO At I September 2022 AddStlons At 31 August 2023 D•prnclatlon and mpa5rment At I September 2022 At 31 August 2023 N•t book values At 31 August 2023 At 31 August 2022 9 Cr•dStorn: amount5 fallln8 due wh1n one year 6,373 490 6,373 490 6.863 6,863 4,483 4,483 4,483 2,380 1,890 2,380 1.890 202J 2022 Accruals 10,630 10,630 5,980 Page 13
Solutions Fgr Comrnunftles Notes to the Accounts 10 Mowmtrt In funds lTrKoming resources Ilncludini Atl •)ther September plnslJ055•S Resources expended At31 A¥Bust 2023 Restrlrted funds: Unrestrfrted fvnds: General fvnds 26,699 105,424 1104,2021 27.921 Tolal lunds 11 Analy51$ of net ass•ts betwe•n fund5 26,699 105,424 1104.2021 27,921 Unre5trlrted funds Total Flxed assets Net current a$5ets 2,380 25.541 27,921 2,380 25,541 27,921 12 R•condllatlon of n•t d•bt Atl Septsmber 2022 At31 A$1 2023 C•sh flows Cash and cash equivalents 35.439 35.439 13,9181 13.9181 31.521 31,521 Net debt 35,439 13.9181 31.521 13 fted rty dls(losures Controlllng p(vrty The company Is limited by guarnntee and has no share capltal,. thu5 no single party controls the company. Pa8e 14
SolutFons For Communities Detalled Ststèment of Hnandal Acti¥5tle5 forthe year ended 31 A44USt 2023 fund5 Total funds Total funds 2023 2023 2022 Income and endowments from: Donations and legacies 105,424 105,424 105,424 105,424 104,935 104,935 Charltable actlvlties 20.160 20,160 125,095 Total Income and endowm•nts Expendltufe on: Charitable actlvltles 105,424 105,424 100,197 100.197 ICKJ,197 100,197 120,496 120,496 Governan ¢0sts Bank Charges DeprecitSon Professlvnal Fees 105 105 415 2,5QJ 2,915 3,900 4,005 4,W5 Totsl of exp•ndtture on tharltabl• adlvltl•s 104.202 104,202 123,411 Totsi expendtturn 104.202 104,202 123.411 Net gain5 on Investments Net In¢om• L222 1,222 1,684 N•t Inm b•fw• other ialmlllomesl Other Gains 1.222 1,222 N•t mowment lft fvnds 1.222 1,222 1,684 Re¢ondllatSon olfunth: Total funds brought fonvard 26.699 26.699 25.ols Total funds crrknd forwird 27.921 27,921 26,699 Page 15