CHARITY NUMBER: 1151683 SOLUTION HOUSE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 24 FEBRUARY 2025 SOLUTION HOUSE Charity Information Trustees: Vivian Oberetin Anna James Beauti Osahon Address: 21 Holden Garden Basildon Essex SS14 3LF CONTENTS Report of the Trustees (a) Examiner's Report (b) Receipts and Payments Accounts Statements of Assets and Liabilities Notes to the Financial Statements Income & Expenditure Account SOLUTION HOUSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 24 FEBRUARY 2025 The Trustees have the pleasure in submitting the Report and Accounts for the year 24 February 2025. Objects of the charity: The Trust seeks to demonstrate the Christian faith and charitable courses by seNing as a church in UK. Government: The Board of Trustees was in regular contact beyond the prescribed frequency of meetings by the governing documents. Strategic decision- making was on a quorate basis. Board membership is stable. balanced and the Trustees operate to Charity Commission's guidance and Charity Law. Review of Activities: Solution House provides avenue and platfomi for charitable courses: We organise youth rehabilitation programme in which we gather youth around the community to ensure they maximise their potentials. We help women who are in abusive relationship (domestic violence) stabilise their emotions by counselling and making them see need to talk to appropriaie authorities as many suffering in silence. Advance the course of poverty alleviation programme. Where we givelmake donations to people in need I based on their basic needs) Visit homes of old people within the community. Giving them our support by donating toiletries, and daily essentials. We counsel people based on their challenges once they approach us and we treat this with utmost confidentiality. Financial review: The Chariiy s main source of finance was from lithe. offerings and donations from members. The Charity's financial position is stable and balanced. Trustees. Responsibilities: Charity law requires us as Trustees to prepare financial statements for each accounting year which receipts and payments of the charity for the year. We are responsible to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. This report was approved by the trustees on...... nd signed on their behalf by: .Sign... (a) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF: SOLUTION HOUSE Chari No: 1151683 We havé examined and reported on Ihe accounts of SOLUTION HOUSE CHURCH for the year ended 24 February 2025 which are set out on pages 2 to 5. Respective responslbililles of The charity's trustees are reswnsible for the preparation ol the accounls. The charity's trustees trustees and examiner consider that an audit is not required for this year under section 43(2) of the Charities Ad1993 Ith8 1993 Act) arKI that an independent examination is needed. It is my responsibilty to= examine the accounts under section 43 of the 1993 Act, to lollow the procedures laid down in the general Directions given by the Charity Commission (under section 4317)(bl ol the 1993 Act. and to slate whether particular matters have come to my attention. Basis of independent My examination VRS carried oul in accordan￿ wrth general Directions given by the Charity examiner's statement Commission. An examination includes a review of the accounting records kept by th8 charity and a comparison of ihe accounts presenled with those records. 11 also includes consideration of any unusual r(ems or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do nol provide all Ihe evidence thal would required in an audit, and consequenty no opinion is given as to whether the accounls present a 'true and fairf view, and Ihe report is limited to those matters set out in the slatement below. Independent examlner's In connection with my examination. no matter has come to my attention: statement which gives me reasonable cause to tr￿lieVe that in. any material respect, the requirements-. to keep accounting records in accordanc8 Wlth section 41 of the 1993 A¢t: and to prepare a¢counls which accord wrth the accounting records and comply with the accounling requirements of the 1993 Act have not been met: or 2. to which. in my opinion, attention should drawn in ord8r to enable a proper underslanding of the accounts to be reached. Sign:...... Name:. William Boamah Amankwah (FFA. FfA) Professional Body: Institute of Financial Accountants (b) SOLUTION HOUSE Receipts and Payments Accounts for the Year Ended 24 Februa 2025 2024 Total funds Unrislricted Restricted funds funds Designated fund$ Total funds Incomin ResouTce$ Unrestricted Income (Grant) Qlliring & Donation Gill Aid Othcr InLome Bank Inier¢st Receiv¢d 311.592 95.095 311.592 95.095 287,708 34.440 Total incomine resources Resouree$ Ex ended Rent 48.O¢XI 48.000 48,400 Conference & Seminar 35.600 35.6 93.750 Equipment (Purchase & Repairs) iJ)o Labour cost (Band Boys) 22.8(Ki 228IMI Allow'ance (Pastors & Guest) 46.3(M) 46J(M) 59,0(M) Prolessioncry & Accountancy Ftt 1.200 1.2IMJ 1.200 Support {Voluntaryl Costs ii,ioo 18.800 Instrument & Equipment 21.(M)O 21,000 42,600 Charity and Events 31.400 31.4(K) Accommodation 68.500 68J(M) C leaning F,xpen5es 19.2(K) 19.2(Kl 3.000 Publicity Total rtsouree5 expended 6,066 311.166 311,166 268250 NL"t Income IDefi¢ill 95.521 95521 53J98 l-ranslcrs bet￿'een funds Adjustment lo opening balance Total funds brought forward ai 25102124 Total funds carried forward at 24102125 62.209 62,209 8311 157.730 157.730 62,209 SOLUTION HOUSE Statement of Assets and Liabilities as at 24 Febrna 2025 NOTES 2024 Vallle ixed Assets Value Optional '] angible fixcd d55eis'.{Optionall Office equipment: I Car 6 1.aptop% la Current assets %i()Lk Debtor￿ReLeivables Ca%h in hand Q'#%h at bank 157.730 62.209 157.730 62.209 Current Liabilities C'.rL'ditor Ain()unts falling du¢ within On¢ year: Net Current Assets 157.730 157.730 62.209 Amounts falling due after more than one year TOTAL NET ASSETS 157.730 62,209 Re resented b RL%ifiLI lund CJLlliral fund.s IS7,730 62,209 TOTAL FUNDS 157.730 62.209 'I'hL d¢l()unts were approved by thc board on.. Vii. ian Oberetin IChAirl SOLUTION HOUSE Notes to the Financial Statements for the year ended 24 February 2025 I. ACCOUNTING POLICIES Basis of Preparation Tl)e accounts have been prepared in accordance with applicable accounting standards and the Charity Regulations 2008 using the Receipts & Paymenls basis. Incoming Resources Donation5 and grants are accounted for when receivable. Gifts and services in kind are included at a reas- onable estimate of their gross value to the Charity or Organisalion. 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. Re50urees Expended Costs comprise direct expenditure including staff costs attributable to the activity and where cost cannot be directly attributed they are all￿ated to activities on a basis consistent with the time spent on the various departmenis. Expenditure is allocated to one of five functional categories that reflect the specific activities of the charity. (a) Cost of Generating Funds-the cost inCU￿d both direct and indirect in generating income for the charity (b) Support Cost - These are rnainly expense5 paid to vaTiOUS volunteers who help tn the olTice. (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 donorfs) as to how they may be used. The purposes and uses of the restricted funds are set out in the noies to the accounts. Designated funds comprise funds, which have been set-aside ai the discretion of the trustees for specific purposes. SOLirrioN HOUSE Receipts and Payments Account for the Year Ended 24 February 2025 INCOME Unrestri¢ted Income (Granl) Offerings & Donations Gifi Aid Other Income Bank Interest Received 311,592 95.095 406.687 Gross Profit EXPENDITURE Rent 48.000 Conference & Seminar 35.6(10 Entertainment & Refreshment Labour cost (Band Boys) 22.800 Allowance (Pastors & Guest) 46.300 Professional & Accountancy Fee 1.200 InstrumeT)i & Equipment (Purchase, Repairs. elc) 21,000 Charity & Events 31.400 Accommodation 68.500 Volunteers Exp 11,100 Cleanin(r Expenses 19,200 Publicity 6,066 311.166 95,521 Deficit (Excess of Expenditure over Income) Opening Cash and Bank Bal Closing Cash and Bank Bal 62.209 157,730 I confirm that the information, explanatlon and records given to my Accountant. for the preparation of the annexed accounts, are correct and complete to the best of my knowledge and belief.