INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF: SOLUTION HOUSE Chari No: 1151683 We have examined and reported on th& a(￿￿1¢8 of SOLUTION HOUSE CHURCH for Ihe yoar end•J 24 February 2022 wtruox are 381 uul on p¥g¢8 2 10 5. Regpectlve rtspon*lbllitlM of Th&chariV6liu8lee$ are f98F4)nsi￿o lor Ihe preparab.on oftho acc4Junw. Tha charity's trustees truIt•￿ and •￿mIn￿r consider that an 8udil is not Tequired lor Ihis year under secb.on 43121 oftl* Ch•rti*$ A¢t 1993 {the 1993 Acll and that an ind*wndenl exanNnation is needed. 11 h my re8ponsibility to.. examine ihe atxounls under s•clIc￿ 43 of Ihe 1993 Act, to f￿loW the pro¢•dufes Igid down in Ihe general Dire¢tity)S given by IM Chaflty CoMmis￿on (under s￿li0n 43(7llbl ollh6 1993 Acl, and lo slate whether par￿1￿1 mgltefs have come lo my atlenlity). 8a•i8 of Ind•pend•nt My •x8min&lion wa8 carriod oul in accordan￿ with géneral Dlreclion$ plven by Ihe Chyiity •xamin•r'• •t•tem•nt Commission. An exjmin8ts.on includeB a review of thè x¢ounling rewds kepl by itt& ¢harity and 4 ￿mpan80n ol the accol￿13 prosenled with those record8. 11 a160 irtdude$ ￿•s1deratIon of any unusual ilemsordixlosures in the ac¢ounts, and seeking explanalions from lh• ¢ws¢ee• Co￿ernIng any s￿h maltw8. The procedures v￿le￿Aken do noi prov￿8 all lh• ¢vidence that would be required in an audit. and consequentty no opinion 1$ given as 1¢ whelher the ac¢ounl• pr88enl •'tru• •nd fair, •nd the report is I'mrt•d lo Ihosg rnatt•f8 841 out in tho stat￿￿ent b•lN*. Ind•p•nd•nt •xamin•rf• In Ccfinedion wlh my •x8m1nali￿. no mAtt•r ha8 come lo my att8rf1on'. Jt*tsm•nt 1. which 91¥gs ma rea60n8￿e cause lo t*l￿ve that in, any mal&rio1 resp￿. th• requiroM￿lS.. to k￿P accounting r&cord5 in accordance with sects'on 4101 tho 1993 Acl.. Brtd to wepar& accounlo which aecord %￿lh Ihe aLYounling record¥ comply with Ihè accounting requirements oflhg 1993 Acl h8ve not been met '. or 2. lowhith. In rnyopinlon, ￿tteft￿n Should be drawn in ordfjr loonoble a propw uThlerst8rling ol th• a￿UnIS lo be r&ached. Dale.. Name:. William Boamah Amankwah {FFA, FFTA) Prof•s8ional Body: Institute of Financial Accountants ## **CHARITY NUMBER: 1151683** ## **SOLUTION HOUSE** **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 24 FEBRUARY 2022** **SOLUTION HOUSE** ## **Charity Information** |**Trustees:**|Vivian Oberetin|| |---|---|---| ||Anna James|| ||Beauti Osahon|| |**Address:**|Unit 3|| ||Selinas Lane|| ||Dagenham|| ||RM8 1QH|| ||**CONTENTS**|| |Report of the Trustees||(a)| |Examiner's Report||(b)| |Receipts and Payments Accounts||1| |Statements of Assets and Liabilities||2| |Notes to the Financial Statements||3| ## **SOLUTION HOUSE Receipts and Payments Accounts for the Year Ended** ## **24 February 2022** |**Incoming Resources**
Unrestricted Income (Grant)
Offering & Donation
Gift Aid
Other Income
Bank Interest Received
**Total incoming resources**
**Resources Expended**
Rent
Charitable Activities Costs
Print, Post & Stationery & Publicity
Instrumentalists
Allowance (Pastors & Guest)
Building Repairs & Renovation
Professionery & Accountancy Fee
Support (Voluntary) Costs
Equipment (Purchase, Repairs, etc)
Events & Conferences
Training
Miscellaneous & Cleaning Expenses
Travel & Subsistence
**Total resources expended**
Net Income (Deficit)
Transfers between funds
Adjustment to opening balance
Total funds brought forward at 25/02/20
**Total funds carried forward at 24/02/21**|**2022**
**2021**
**Unristricted**
**Restricted**
**Designated**
**Total**
**Total**
**funds**
**funds**
**funds**
**funds**
**funds**
**£**
**£**
**£**
**£**
**£**
**- - - - -**
141,655
**- -**
**141,655** 85,012
88,651
**- - 88,651**
-
-**- - -**
0
2
**- - 2**7| |---|---| ||**230,308**
**- - 230,308 85,019**| ||67,100
**- - 67,100**20,000
2,600
**- -**
**2,600** 22,300
-**- - -**4,500
44,150
**- -**
**44,150** 15,600
10,800
**- - 10,800**10,200
-**- - -**-
1,200
**- - 1,200**500
42,800
**- -**
**42,800** 1,000
7,500
**- -**
**7,500** 4,600
29,700
**- - 29,700**
-
-**- - -**-
24,900
**- - 24,900**5,800
-**- - -**-| ||**230,750**
**- - 230,750 84,500**| ||- 442
**- -**
**-442**
**519**
**- - - - -**
**- -**
**- -**
3,203
**- - 3,203**
3203| ||**2,761**
**- -**
**2,761**
**3,722**| **-1-** ## **SOLUTION HOUSE** ## **Statement of Assets and Liabilities as at 24 February 2022** |**Fixed Assets**
Tangible fixed assets:(Optional)
**Office equipment:**
4 Computers
6 Laptops
2 Printers
**Current assets**
Stock
Debtors/Receivables
Cash in hand
Cash at bank
**Current Liabilities**
Creditors
Amounts Falling due within One year:
**Net Current Assets**
Amounts falling due after more than one year
**TOTAL NET ASSETS**
**Represented by:**
Restrict funds
General funds
**TOTAL FUNDS**|**NOTES**
**1a**|2021
**2022**|2021
**2022**|2021
**2022**| |---|---|---|---|---| |||**Value**
**Value**
**£**
**£**
**£**
Optional
**-**
-
-
2,761
3,632
0
90
2,761
3,722
-
-
-
2,761
**2,761**
3,722
**-**
**2,761**
**3,722**
**-**
**2,761**
**3,722**
**2,761**
**3,722**||| |||||3,722
-| |||||3,722
| ||||**2,761**
**3,722**|| ||||**-**
**2,761**
**3,722**|| ||||**2,761**
**3,722**|| The accounts were approved by the board on…………………… …………………………………………………….. Vivian Oberetin **(Chair)** **-2-** ## **SOLUTION HOUSE Notes to the Financial Statements for the year ended 24 February 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of Preparation** The accounts have been prepared in accordance with applicable accounting standards and the Charity Regulations 2008 using the Receipts & Payments basis. ## **Incoming Resources** Donations and grants are accounted for when receivable. Gifts and services in kind are included at a reasonable estimate of their gross value to the Charity or Organisation. Intangible income (such as rent free accommodation) is included in the Statement of Financial Activities where a third party is bearing the cost of supplying the resources and the resources can be valued. ## **Resources Expended** Costs comprise direct expenditure including staff costs attributable to the activity and where cost cannot be directly attributed they are allocated to activities on a basis consistent with the time spent on the various departments. Expenditure is allocated to one of five functional categories that reflect the specific activities of the charity. - **(a) Cost of Generating Funds** -the cost incurred both direct and indirect in generating income for the charity - **(b) Support Cost** - These are mainly expenses paid to various volunteers who help in the office. - **(c) Management and Administration** - include costs attributable to the management of the charity's assets, administration of the charity and compliance with statutory requirement along with costs of managing charitable projects. ## **Accumulated Funds** Restricted funds are subject to specific conditions by donor(s) as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts. Designated funds comprise funds, which have been set-aside at the discretion of the trustees for specific purposes. **-3-** INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF: SOLUTION HOUSE Chari No: 1151683 We have examined and reported on th& a(￿￿1¢8 of SOLUTION HOUSE CHURCH for Ihe yoar end•J 24 February 2022 wtruox are 381 uul on p¥g¢8 2 10 5. Regpectlve rtspon*lbllitlM of Th&chariV6liu8lee$ are f98F4)nsi￿o lor Ihe preparab.on oftho acc4Junw. Tha charity's trustees truIt•￿ and •￿mIn￿r consider that an 8udil is not Tequired lor Ihis year under secb.on 43121 oftl* Ch•rti*$ A¢t 1993 {the 1993 Acll and that an ind*wndenl exanNnation is needed. 11 h my re8ponsibility to.. examine ihe atxounls under s•clIc￿ 43 of Ihe 1993 Act, to f￿loW the pro¢•dufes Igid down in Ihe general Dire¢tity)S given by IM Chaflty CoMmis￿on (under s￿li0n 43(7llbl ollh6 1993 Acl, and lo slate whether par￿1￿1 mgltefs have come lo my atlenlity). 8a•i8 of Ind•pend•nt My •x8min&lion wa8 carriod oul in accordan￿ with géneral Dlreclion$ plven by Ihe Chyiity •xamin•r'• •t•tem•nt Commission. An exjmin8ts.on includeB a review of thè x¢ounling rewds kepl by itt& ¢harity and 4 ￿mpan80n ol the accol￿13 prosenled with those record8. 11 a160 irtdude$ ￿•s1deratIon of any unusual ilemsordixlosures in the ac¢ounts, and seeking explanalions from lh• ¢ws¢ee• Co￿ernIng any s￿h maltw8. The procedures v￿le￿Aken do noi prov￿8 all lh• ¢vidence that would be required in an audit. and consequentty no opinion 1$ given as 1¢ whelher the ac¢ounl• pr88enl •'tru• •nd fair, •nd the report is I'mrt•d lo Ihosg rnatt•f8 841 out in tho stat￿￿ent b•lN*. Ind•p•nd•nt •xamin•rf• In Ccfinedion wlh my •x8m1nali￿. no mAtt•r ha8 come lo my att8rf1on'. Jt*tsm•nt 1. which 91¥gs ma rea60n8￿e cause lo t*l￿ve that in, any mal&rio1 resp￿. th• requiroM￿lS.. to k￿P accounting r&cord5 in accordance with sects'on 4101 tho 1993 Acl.. Brtd to wepar& accounlo which aecord %￿lh Ihe aLYounling record¥ comply with Ihè accounting requirements oflhg 1993 Acl h8ve not been met '. or 2. lowhith. In rnyopinlon, ￿tteft￿n Should be drawn in ordfjr loonoble a propw uThlerst8rling ol th• a￿UnIS lo be r&ached. Dale.. Name:. William Boamah Amankwah {FFA, FFTA) Prof•s8ional Body: Institute of Financial Accountants