**COMPANY REGISTRATION NUMBER: 07952733 CHARITY REGISTRATION NUMBER: 1149720** 

# **SOLACE UK LTD Company Limited by Guarantee** 

## **Unaudited Financial Statements** 

## **31 December 2022** 

**BEGG, WILLIAMSON & CO** 

Chartered Certified Accountants 24 Church Road Crystal Palace London SE19 2ET 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Financial Statements** 

## **Year ended 31 December 2022** 

||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent examiner's report to the trustees|**6**|
|Statement of financial activities (including income and||
|expenditure account)|**7**|
|Statement of financial position|**8**|
|Notes to the financial statements|**9-16**|





## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Trustees' Annual Report (Incorporating the Director's Report)** 

## **Year ended 31 December 2022** 

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2022. 

## **Reference and administrative details** 

**Registered charity name** SOLACE UK LTD **Charity registration number** 1149720 **Company registration number** 07952733 **Principal office and registered** PO BOX 60049 **office** SUNNYHILL HOUSE 3-7 SUNNY HILL ROAD LONDON SW16 9FP **The trustees** MS. A. HURNI MS. B. QUADRI MS. J L DJELLOUL MS. S. CLEMENTS MS. W O BABALOLA MS. S E AROUCHE **Independent examiner** Z F BEGG-ACCA Begg Williamson & Co Chartered Certified Accountants 24 Church Road Crystal Palace London SE19 2ET 

## **Structure, governance and management** 

- Governing Document: MEMORANDUM AND ARTICLES INCORPORATED 16 FEB 2012 

- Charity Constituted by way of Limited Company by guarantee 

- Trustees are appointed/elected as per Charity Commission guidelines 

**1** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **Objectives and activities** 

Summary of Objects set out in our governing document: 

TO ADVANCE THE FAITH OF ISLAM IN PARTICULAR BY SUPPORTING, AIDING AND EMPOWERING WOMEN WHO ARE OR HAVE REVERTED OR RETURNED TO THE ISLAMIC FAITH (AS REVERT SISTERS) AND WHO ARE IN NEED SO THEY CAN FULLY ADVANCE THEIR RELIGION. 

Public Benefit: 

The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit Charities and Public Benefit. 

Solace UK is a charity which aims to advance the faith of Islam in particular by supporting, aiding and empowering women who are or who have reverted or returned to the Islamic faith (as revert sisters) and who are in need so they can fully advance their religion. 

In setting and reviewing Solace's strategic objectives, the charity has had due regard for the Charity Commission's guidance on public benefit. The guidance sets out the requirement that all organisations wishing to be recognised as charities must demonstrate, explicitly, that their aims are for the public benefit. 

In delivering its objectives, Solace UK provides the following identifiable public benefits through the advancement of faith in particular supporting, aiding and empowering women who are or have reverted or returned to the Islamic faith: 

* Liaise with a range of diverse supportive services to enable revert women to receive specialist support 

* Developing a network of mentors and support staff throughout the country 

* Develop a comprehensive educational program to educate the wider community on how to develop and support revert women 

* Provide a safe space for revert women to discuss their difficulties in a supportive and confidential environment. 

## **Strategic report** 

The following sections for achievements and performance and financial review form the strategic report of the charity. 

**2** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **Achievements and performance** 

In 2021, Solace UK developed a 10-year strategy. As a result of that strategy, in 2022 Solace UK delivered the following activities, projects and services 

## **1-1 Support Service** 

Solace UK's core service continued into its 11th year. The 1-1 Support Service is a person-centred provision where a beneficiary is allocated a support worker. An initial assessment of her circumstances and needs is carried out. This is followed by an action plan where the support worker helps the beneficiary to achieve goals. These goals can be anything from faith-based goals to marital resolution to practical support, and more. 

In 2022, Solace received 1526 requests for support from revert women. Solace directly impacted 989 revert women and their children through our services and events. Of these services and events: 

329 revert women were supported through the 1-1 Support Service ranging from different ethnicities, age groups and worldwide geographical locations. 

Through Solace's flagship service, reverted women have been emotionally and practically supported. They have been empowered to make a difference in their lives and others. They have begun work to process trauma. Many of them were also struggling financially with rent costs, food and clothing costs and debt. They received financial support which lessened their financial and emotional burden. There were also a number of women who found themselves in homeless circumstances, Solace was able to assist them with emergency housing. 

In addition to being assigned a trained support worker for 1-1 support, beneficiaries and their dependents in 2022 were: 

1. Fed and clothed, and their basic needs were covered. 

2. In receipt of care packages through gifts, days out together, toys, Aid gatherings and Aid gifts. 

3. Protected and kept safe by helping them stay in their own homes. 

4. Provided with emotional and spiritual support. 

5. In receipt of investment in their learning and education. 

6. Supported with alleviation of debt with zakat from donors. 

7. Supported in death with fully paid burial costs. 

8. Helped as they battled domestic violence and mental health struggles linked to trauma and abuse. 9. Helped with their means of livelihood, ensuring they have the knowledge and support to set up successful businesses to provide for themselves and their families. 

2022 saw the launch of three new services bringing our total number of services to thirteen. 

1. Small business support 

2. Will writing service 

3. Solace in marriage service 

We also expanded to the North of England, extending our services to revert women in Manchester, Bradford and Leeds. 

**3** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **Sponsor a Revert** 

Our Sponsor a Revert campaign sponsored72 revert women in difficulty who received the following support: 

Emotional support sessions Counselling Islamic courses Attendance to retreats Online Islamic courses Marriage webinars Islamic clothing Food vouchers Travel assistance Retreats 

## **Single Mum** 

Our Single Mother Relief project saw 21 single mothers and their children supported with: 

Food vouchers Eid gifts for their children School uniform assistance Business start up funds Retreats Trips Counselling 

We believe our objectives provide a public interest, in that we are aiding individuals in a holistic manner and encouraging them to become better members of society which in turn has a positive effect upon their own families and communities. 

## **Events** 

2022 was a busier year as life returned to normal after due Covid19. In 2022 we held 13 support events - 8 in-person and 5 online, benefitting 333 women and 259 children. A Webinar on Islamic Wills in March 2022, 4 Support Sessions in Ramadan, 2 Iftars and 4 Eid events in London and Manchester, a Trip to a Lavender Farm in July, and the Life After Shahadah Conference in December. 

We held four fundraising challenges with 165 fundraisers. They had 2,215 supporters. They joined us in our Sugar-free Challenge in January, Race to Good in Ramadan, Boat Race competition with other organisations in June, and our annual Charity walk, 'Walk With Her' in October. 

## **Awareness** 

2022 was a year of building awareness surrounding the plight faced by our beneficiaries. Solace created awareness in a number of ways. This was namely done online via a number of social media campaigns, that were particularly held during the month of Ramadan, namely the Revert Support 

**4** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Independent Examiner's Report to the Trustees of SOLACE UK LTD** _**(continued)**_ 

## **Year ended 31 December 2022** 

Challenge. Through these campaigns, we were able to highlight the array of various difficulties encountered by revert women were launched. Speeches in mosques around the country took place. The Solace blog also continued, providing our beneficiaries with heartfelt articles - there to support them during their time of need. We held four in person raising awareness campaigns: a) Two sponsored walks b) The Al-Noor Dragonboat Race, and c) The Annual Life After Shahaadah Conference where we launched our second largest service - the Solace in Marriage service. All were successful in highlighting the difficulties faced by our beneficiaries as well as raising much needed funds to continue Solace's services. 

## **Other** 

For the 11th year running, Eid gifts were sent out at Eid time which is always so well received by Solace's beneficiaries. During very difficult circumstances with many unable to share Ramadan and Eid with family due to their different faith, Eid gifts really do provide solace. 

## **Financial review** 

All income of the charity was received by way of donations from public individuals or companies. At the end of the Financial year, Solace UK had: 

Income       £440,413 Spending   £245,976 

## **Reserve Policy** 

The trustees aim to maintain free reserves in unrestricted funds at a level which equates to 6 months of unrestricted charitable expenditure which we believe is sufficient. 

## **Small company provisions** 

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. 

The trustees' annual report was approved on 19th September 2023 and signed on behalf of the board of trustees by: 

MS. B. QUADRI MS. S. CLEMENTS Chair of Trustees Charity Secretary 

**5** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Independent Examiner's Report to the Trustees of SOLACE UK LTD** _**(continued)**_ 

## **Year ended 31 December 2022** 

I report to the trustees on my examination of the financial statements of SOLACE UK LTD ('the charity') for the year ended 31 December 2022. 

## **Responsibilities and basis of report** 

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’). 

Having satisfied myself that the accounts of the company 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 the 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(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

Since your charity’s gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Association of Chartered Certified Accountants which is one of the listed bodies. 

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

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 

2. the financial statements do not accord with those records; or 

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or 

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

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. 

Z F BEGG- ACCA Independent Examiner 

Begg Williamson & Co 24 Church Road Crystal Palace London SE19 2ET               Date:20[th] September 2023. 

**6** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Statement of Financial Activities (including income and expenditure account)** 

## **Year ended 31 December 2022** 

||||**2022**||2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**5**|213,476|226,937|440,413|378,259|
|||--------------------------------|--------------------------------|--------------------------------|--------------------------------|
|**Total income**||213,476|226,937|440,413|378,259|
|||================================|================================|================================|================================|
|**Expenditure**||||||
|Expenditure on raising funds:||||||
|Costs of raising donations|**6**|116,180|31,835|148,015|18,284|
|Expenditure on charitable activities|**7,8**|1,500|96,461|97,961|168,868|
|||--------------------------------|--------------------------------|--------------------------------|--------------------------------|
|**Total expenditure**||117,680|128,296|245,976|187,152|
|||================================|================================|================================|================================|
|||--------------------------------|--------------------------------|--------------------------------|--------------------------------|
|**Net income and net movement in**|**funds**|95,796|98,641|194,437|191,107|
|||================================|================================|================================|================================|
|**Reconciliation of funds**||||||
|Total funds brought forward||394,922|199,521|594,443|403,337|
|||--------------------------------|--------------------------------|--------------------------------|--------------------------------|
|**Total funds carried forward**||490,718|298,162|788,880|594,444|
|||================================|================================|================================|================================|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

**The notes on pages 9 to 16 form part of these financial statements.** 

**7** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Statement of Financial Position** 

## **31 December 2022** 

|||**2022**|2021|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**13**|55|138|
|**Current assets**||||
|Debtors|**14**|32,296|26,689|
|Cash at bank and in hand||768,153|575,207|
|||--------------------------------|--------------------------------|
|||800,449|601,896|
|**Creditors: amounts falling due within one year**|**15**|11,624|7,590|
|||--------------------------------|--------------------------------|
|**Net current assets**||788,825|594,306|
|||--------------------------------|--------------------------------|
|**Total assets less current liabilities**||788,880|594,444|
|||================================|================================|
|**Funds of the charity**||||
|Restricted funds||298,162|199,523|
|Unrestricted funds||490,718|394,921|
|||--------------------------------|--------------------------------|
|**Total charity funds**|**16**|788,880|594,444|
|||================================|================================|



For the year ending 31 December 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 

Directors' responsibilities: 

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; 

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. 

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. 

These financial statements were approved by the board of trustees and authorised for issue on 21 September 2022, and are signed on behalf of the board by: 

MS. B. QUADRI Trustee 

MS. S. CLEMENTS Trustee 

**The notes on pages 9 to 16 form part of these financial statements.** 

**8** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Financial Statements** 

## **Year ended 31 December 2022** 

## **1. General information** 

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is PO BOX 60049, SUNNYHILL HOUSE, 3-7 SUNNY HILL ROAD, LONDON, SW16 9FP. 

## **2. Statement of compliance** 

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

## **3. Accounting policies** 

## **Basis of preparation** 

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. 

The financial statements are prepared in sterling, which is the functional currency of the entity. 

## **Going concern** 

There are no material uncertainties about the charity's ability to continue. 

## **Disclosure exemptions** 

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: 

(a) No cash flow statement has been presented for the company. 

## **Foreign currencies** 

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the statement of financial activities. 

**9** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **3. Accounting policies** _**(continued)**_ 

## **Fund accounting** 

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. 

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. 

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds. 

## **Incoming resources** 

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: 

- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. 

- legacy income is recognised when receipt is probable and entitlement is established. 

- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. 

- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. 

**10** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **3. Accounting policies** _**(continued)**_ 

## **Resources expended** 

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: 

- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. 

- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. 

- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. 

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. 

## **Tangible assets** 

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities.  A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. 

## **Depreciation** 

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: 

Computer equipment 25% straight line 

## **Impairment of fixed assets** 

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 

**11** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **3. Accounting policies** _**(continued)**_ 

## **Impairment of fixed assets** _**(continued)**_ 

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. 

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. 

## **Financial instruments** 

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. 

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. 

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. 

Debt instruments are subsequently measured at amortised cost. 

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. 

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. 

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. 

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. 

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. 

**12** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **3. Accounting policies** _**(continued)**_ 

## **Financial instruments** _**(continued)**_ 

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. 

## **4. Limited by guarantee** 

Solace (UK) ltd is a private company limited by guarantee without share capital. The members guarantee in case of winding up, or within one year after ceasing being a member they will contribute to the assets of the company as required to settle any debts or liabilities and any payment of costs in winding up the company. 

## **5. Donations and legacies** 

||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2022**|
||£|£|**£**|
|**Donations**||||
|Donations|191,178|226,937|418,115|
|**Gifts**||||
|Gift Aid|22,298|–|22,298|
||--------------------------------|--------------------------------|--------------------------------|
||213,476|226,937|440,413|
||================================|================================|================================|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
||£|£|£|
|**Donations**||||
|Donations|151,837|208,549|360,386|
|**Gifts**||||
|Gift Aid|17,873|–|17,873|
||--------------------------------|--------------------------------|--------------------------------|
||169,710|208,549|378,259|
||================================|================================|================================|
|**Costs of raising donations and legacies**||||
||Unrestricted|Restricted|**Total Funds**|
||Funds|Funds|**2022**|
||£|£|**£**|
|Costs of raising donations|114,158|31,835|145,993|
|Costs of raising donations - Other|2,022|–|2,022|
||--------------------------------|----------------------------|--------------------------------|
||116,180|31,835|148,015|
||================================|============================|================================|



## **6. Costs of raising donations and legacies** 

**13** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2021|
|||£|£|£|
||Costs of raising donations|7,020|804|7,824|
||Costs of raising donations and legacies - Other|8,713|1,747|10,460|
|||----------------------------|-----------------------|----------------------------|
|||15,733|2,551|18,284|
|||============================|=======================|============================|
|**7.**|**Expenditure on charitable activities**||||
|||Unrestricted|Restricted|**Total Funds**|
|||Funds|Funds|**2022**|
|||£|£|**£**|
||Charitable Costs|1,500|96,461|97,961|
|||=======================|============================|============================|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||£|£|£|
||Charitable Costs|62,930|105,938|168,868|
|||============================|================================|================================|
|**8.**|**Expenditure on charitable activities**|Activities|||
|||undertaken|**Total funds**|Total fund|
|||directly|**2022**|2021|
|||£|**£**|£|
||Charitable costs|97,961|97,961|168,868|
|||============================|============================|================================|
|**9.**|**Net income**||||
||Net income is stated after charging/(crediting):||||
||||**2022**|2021|
||||**£**|£|
||Depreciation of tangible fixed assets||83|83|
||Foreign exchange differences||–|517|
||||==============|==============|
|**10.**|**Independent examination fees**||||
||||**2022**|2021|
||||**£**|£|
||Fees payable to the independent examiner for:||||
||Independent examination of the financial statements||1,500|1,200|
||||=======================|=======================|



## **11. Staff costs** 

The average head count of employees during the year was 15 (2021: 6). 

No employee received employee benefits of more than £60,000 during the year (2021: Nil). 

**14** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2022** 

## **12. Trustee remuneration and expenses** 

One or more trustees has been paid remuneration or received other benefits from employment with the charity or a related entity. Payments to trustees as remuneration was approved by the trustees and charities commission. 

B. Quadri was paid    £10,398  (2021 £6,523) 

J .Djelloul was paid     £ 7,977   (2021 £8,026) 

W. Babalola was paid £ 7,162   (2021 £0) 

## **13. Tangible fixed assets** 

|**Tangible fixed assets**|||
|---|---|---|
|||**Equipment**|
|||**£**|
|**Cost**|||
|**At 1 January 2022 and 31 December 2022**||331|
|||==============|
|**Depreciation**|||
|At 1 January 2022||193|
|Charge for the year||83|
|||--------------|
|**At 31 December 2022**||276|
|||==============|
|**Carrying amount**|||
|**At 31 December 2022**||55|
|||==============|
|At 31 December 2021||138|
|||==============|
|**Debtors**|||
||**2022**|2021|
||**£**|£|
|VAT recoverable|835|438|
|Other debtors|31,461|26,251|
||----------------------------|----------------------------|
||32,296|26,689|
||============================|============================|
|**Creditors:** **amounts falling due within one year**|||
||**2022**|2021|
||**£**|£|
|Other creditors|11,624|7,590|
||============================|=======================|



## **14. Debtors** 

## **15. Creditors: amounts falling due within one year** 

**15** 



## **SOLACE UK LTD** 

## **Company Limited by Guarantee** 

## **Notes to the Detailed Statement of Financial Activities** _**(continued)**_ 

## **Year ended 31 December 2022** 

||||||**2022**|2021|
|---|---|---|---|---|---|---|
||||||**£**|£|
|**16.**|**Analysis of charitable funds**||||||
||**Unrestricted funds**||||||
||||At|||**At**|
|||1 January|20|||**31 Decembe**|
||||22|Income|Expenditure|**r 2022**|
|||£||£|£|£|
||Unrestricted fund - General funds|394,922||213,476|(117,680)|<br>490,718|
|||================================||================================|================================|================================|
||||At|||At|
|||1 January|20|||31 December|
||||21|Income|Expenditure|2021|
|||£||£|£|£|
||Unrestricted fund - General funds|303,874||169,710|(78,663)|<br>394,921|
|||================================||================================|============================|================================|
||**Restricted funds**||||||
||||At|||**At**|
|||1 January|20|||**31 Decembe**|
||||22|Income|Expenditure|**r 2022**|
|||£||£|£|£|
||Restricted Funds|199,521||226,937|(128,296)|<br>298,162|
|||================================||================================|================================|================================|
||||At|||At|
|||1 January|20|||31 December|
||||21|Income|Expenditure|2021|
|||£||£|£|£|
||Restricted Funds|99,463||208,549|(108,489)|<br>199,523|
|||============================||================================|================================|================================|



**16**