-Charlty Reglstratlon No. NIC100114
Company Reglstratlon No. N1072184 (Northern Ireland)
SOLAS
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

SOLAS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Tom Doran (resigned 241h Jan. 2024)
Emily Gallagher
Fionnguala Mccotter (Chair)
Caitriona Nic Sh8ain
Ciaran Marley (resigned 19th Apr. 20231
Elaine Holmes (appoinled 191h Apr. 20231
Ross Reid
Laura Burrows (resigned 28" Nov. 2023)
Mairead Mccartan
Joanne Mercer (appointed 19" Apr. 2023)
Jean McGann (appointed 19, Apr. 2Q231
Secretary
Fionnguala Mccotter
Joanne Mercer (appointed 191h April 2023)
Charity number
NIC100114
Company number
N1072164
Reglstered office
Parkmore Building
284a Ormeau Road
Belfast
BT7 2GB
Audltor
Kearney & Co
Donegall House
nd
2 Floor
98-102 Doneg811 Street
BELFAST
BT12GW

SOLAS
CONTENTS
Page
Trustees, report
Independent auditor's report
Statement of financial activities
8alance sheet
Slalemenl of cash flows
Notes lo the financial statements
10
12-21

SOLAS
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2023
The Trustees present thelr report and flnanclal statements for the year ended 30 June 2023.
The finanGial slatemen16 have been prepared in accordance with the accounting policies sel out in note 1 to Ihe financial
slalemenls and comply with the charity's governing docLrment, the Companies Act 2008 and "Accounling and Reporting by
Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Slandard applicable in the UK and Republic of Ireland {FRS 1021" (as amended for accounting periods
commencing from 1 January 2016}.
Oblectives and activities
The charily's objectives are to.,
Advance health and wellbelng, educatlon and development, wilh particular reference to those
children with special needs currently falling Outside the slalulory provision;
Provide 'palhways' to services which vulnerable families may not normally be able lo access-
Support families who engage with ScSlas, and build a strong physical and practice infraslruclure which will piovide
consistont, quality care and support;
Ensure Ihal the voices of Ghildrenlyoung people with mild to severe learning disabilities are heard and that IheSr
volcès shape and influence the developmonl of govornmont policies and mainstream setvices,.
Increase the visibility of childr8nlyoung people, their parent$l¢ar8rs and sibling5 and ensuring their full participation
in community life.,
Lobby and advocate for increased bespokè services for families through represen181ion on all key coinmillees,
$18ering groups and bodies wilh Ihe potential lo support our wolk,
Train highly skilled slaff to promole our commitment lo excellence; worklng with academlc inslilutions, voluntary
agencies and slalulory bodies to ènsure that our practice and experience conlribules to research and evaluations
which work towards improving practice.
Develop a team of dedicated volunteers who use Iheir skillslexperience in schools, ensuring chlldren
are supported to have an optimum education experienc8.
Current 8ervlces Include:
(1) Family Support Programs (including Afierschools l Respile Support, afternoons, evenings and weekends, Home
Support Programs. providing support, informalion and practical support for parents of children in thè procesg of a
diagnosis or, with a recent diagnosis- Parent Programs, Parent Advice CliniGS and,. Sibling Programs, Youth clubs,
Siblings Glubs, Surnmer & holiday schemes
12) Educalional Programs largeling children with mild additional needs and not achieving their full loarning potential (Back
on Track program and Kids Support Den). solas is also one of the delivery partners delivering the DE funded
Seamless Transition through Education Programme (STEP I WRAP) for which Fo￿ard South Partnership is Ihe lead
partner. solas was appointed a5 the lead partner in the SpeGial EduGation Needs, Belfast Wide Early Year5 Initiative,
including the following partners, Glenbrook Surestart, kids Together Belfast, East Belfast Surestart and solas,
(3) Therapeutic Services for childrenlyoung people and their parenlslcarers including play therapy, art therapy,
childlparent and carer counselling and a multi-usage space for childlparent support activities. These interventions
primarily focus on supporting children and young people with disabilities including aLFtism, and their parenls I carers,
who are experiencing mental health issues.
{4) Young Adults Programme SONA- for young adults Iransilioning I leaving Special School- a day service, that provides
opportunities for develop life skills, offer wellbeing and social opportunities and a safe supported space for young
people with disabilities lo be with their peers.

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2023
The policies adopted in furtherance of these objects are.
Enhance the physical infrastruclure of the organisation ensuring Ihal facilities are fit for purpose and designed to
best meet Ihe complex needs of many Of the service users supported. In the past year we have developed a new
programme SONA, and a new space at YMCA for young adults Iransilioning from Special School. This prograrnme
supports young people with life skills, Gookery, managing money, heallhy e¢iling and wellbeing. exercise, social
skills, trips, etc
2. Consolidate and strengthen Ihe organisation's servi¢es, expand the rAP2cily of Solas lo deliver vilal programmes to
children, young people and their families, and lo ensure the long-term suslainabilily of the organisation through
creating a business model which is robusl and reduces their currenl dependency upon grant funding.
3. Work collaboratively with a diverse range of organisalions, all of which contribute to the dellvery of effective
services, primarily to benefit children and young people with addi1Sonal needs across Belfast. In particular. solas
works with 3 key partnerships, South Belfast Suiestart (through the Early Years and Urban Village A Place for Me
Programmes),. an Early Intervention partnership led by Forward South Partnership - STEP I WRAP programme. and
the Belfast Wide Early YeaTs partnership18d by Solas.
4. Promote excellence in their pracllce - solas works closely with all B81fasl based Universities and Teacher Training
Colleges. solas currently offers placement opportunities to students from QUB, Slranmillis, St Marys & UUJ
sludylng a Iiumber of degiee programm8s (includii Ig health & social care, psychology, educdlion, masters in
autism, and mast8rs in atypical chill,, development). Many of the students who come lo solas on placemenl are
retained 8$ Staff memberslvolunleers.
5. Tackle disadvantages experienc8d by children and young people wlth moderate to severe learning needs who
exp8ri8nGe an acute lack of cholce or oplions throughout their lives when trying lo access appropriate services.,
through delivery of early years and daycare $8Nices, afterschool provision, youth servlces and educational support.
6. Grow organically and continue to develop a divorse range of progiammes, projects and activities which meet the
needs of the whole family., the group currently deliver their setvices across 8 sellings, the majority of whlch are
located in areas of grealesl disadvantage.
7. Generate income through Social F.nterprlse acllvltles delivered through access lo Self- Directed Support Packages,
Self- Directed support is the provision of tailored individual support packages for children and young people with
severe learning difficulties and disabilities. Children and young people in this c8tegory are eligible lo access direct
payrnenls from the Belfast Health and Social Cara Trusl and can use it to buy in the support they feel is most
needed to improve their quality of life and provides benefit lo Ihem personally. solas provides gelf-directed support
services and also offers administrative support to families lo a¢￿sS the scheme.
8. After School support project- this service focLJses upon children aged 5 to 12 years old and as per core mission,
targels those children with the mosl complex and challenging needs. It provides a valuable childcare service for
working parents 2nd is designed specifically for the needs of these families and Children. The service is tailored and
based upon the needs of each individual child wilh suitable staffing support in place as per organisalional policies
and experience.
9. Engage with Parentslcarers to enhance services: solas engages with parenls and carers on a daily basis in
relation to the needs of both their children and themselves The feedback and informalion they provide is vital to
Ihe ongoing success of the organisalion. Parenlslcarers inform the development and enhancement of core
programmes and activities. Parenlslcarers readily support evaluations, research and frequently represent the
needs of their child{ren)lorganisation to funders, politicians and slatutory aulhorilies.

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2023
10. Engage with Staff - Engagement with our staff team is critical. The feedback and input Ihey make lo ensure
delivery of high-quality service and provision is vital lo the day to day rLJnning of the organisalion.
11. Engage the Local CommuniiyIBusinesses to provide support lo the organisalion. this helps us Greate an exlended
welcoming and safe environment for the childrenlyoung people and palenlslcarers who use oui facilities.
12. Communlty Organlsalions - solas works extensively and engages wilh a diverse rang8 of community
organisations, W8 ar& part of lh8 Ulidia Campus Plans, which includes Solas, Rosarlo Foolball Club as well as
Scoil an Droichid (primary school moving to the newly refurbished Ulidi2 School sile adjoining solas and the Ulidia
Playing Fields). The campus partners have been working together for several years lo deliver services lo the
communily and lo maximise the use of the community resources that we colloctively hold. Recently we all worf(ed
together to support the Food Bank iniliative that emerged lo deal with Ihe fallout of the pandemic.
13. We are also part of Forward South Partnership, South Belfast Urban Villages Reference Group and South Belfast
Sureslart and use community facilities lo deliver programmeslaGtiviti8s in th8 Markets, Sandy Row, Ihe Village,
Taughmonagh, Lower Ormeau, and North Belfast
14. Local Schools- solas and local schools engage on a daily b2sis in the best interests of Ihe childrenfyoung people
attending the organisation. Their services are interdependent and necessary to create the best possible
development and educational opportunities for the children who attend theii facilities. Schools undèistand the
challenges of providing safe and consistent care for children who need stability in order to thrive. Schools support
8nd understand the need for this proj8cI.
15. Belfast Trust and DE solas has engaged from the outset with key statutory agencies in d8v81oping the seTvices
which are so important to so many families. Positive engagement is essenllal to the ongoing and continued work of
Solas.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the CharSty
should undertake.
Achlevements anfl perfomiance
solas, income from respite serviGes and childcare fees increased over the year. The demand for respite and support for
children with complex disabilities increased (particularly during the pandemic. when many of the slalLflory services were not
operaling), and was apparent from additional referrals from the BHSCT, referrals from Family Support Hubs Self Referrals
from families with children in need. Additional financial support was also secured from government COVID grants.
The increased demand for services informed our commitment lo grow and meet those needs. Additional fee income
combined with the additional grant support provided from existing and new granl providers has ensured ovorall income
growth on the previous year. Also, cash balances have improved, net assels have been maintained and the Charity is able lo
maintain an operating surplus. solas continues lo rely upon grants and respite I childcare service fees. In 2023 the directors
delivered on the SONA, the day care provision lo include the support of young adults transitioning from Special School. This
is generating additional income for solas and suppori our efforts lo become self-sustaining.
The Trustees have set aside funds for a new building on sile at Parkmore and it is the express aim of solas lo deliver a
dedicated fit for purpose facility on sile costed at approx. £2.5m. Significant progress has been made with delivering on this
aim over the year,

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2023
Flnancial Review
The results for the year are set out on the Statement of Financial Aclivilies. The Trustees consider the financial results
salisfactory.
solas has a risk management policy in place under which risks are identified and reviewed by managernenl on a regular
basis. ProGedures are in place to manage the risks..
11 is the policy of the charity that unrestricted funds which have not been designaled for a specific use should be maintained at
a level equivalent lo between thTee- and six-monlh's expenditure. The Truslees consider that reserves at Ihis level will ensure
that, in the evenl of a significant drop in funding, they wi51 be able to continue the charity's current activities while consideration
is given to ways in which addilional funds may be raised. This level of reserves has been maintained throughout the year.
The Trustees hav8 assessed the major rlsks to which the charity is exposed and are satisfied that systems are in place to
mitigate exposure lo the major risks.
Structure, governance and managèment
The charily is a company limited by guarantee and is registered as a charity with The Charity Commission for Northern
Ireland. The Company was established under a Memorandum of Association and is governed by its Articles ofAssociation.
The Truste8s, who are also the dlrectors for the purpose of company law, and who S8￿ed during the year and up lo Ihe dale
of slgnalure of the financial $18temenls were..
Fionn9uala McColter- Director Chair 191h April 2023
Tom Doran Chair, resigned 191h April 2023
Emily Gallagher
Cailriona Nic Shealn
Ciaran Marley resigned 19th April 2023
Ross Reld
Laura Burrows
Mairead Mccartan
Jean McGann.' appointed 19th April 2023
Joanne Mercer Appointed 19th April 2023
resigned 191h April 2023
None of the Trustees have any beneficial interesl in the company All of the Trustees are members of the company and
guarantee to conlribute £1 in Ihe event of 2 wlnding up.
The directors of the company are 81so charily Trustees for the purposes of Charity Law. Under the requiremenls of the
Memorandum and Articles of Asso¢ialion directors are eleGled al an Annual General Meeting by the members (in person, or
through an aulhorised represenlalive or by proxy).
All new direclors receive in-house induclion and training appropriate to their roles.
solas has a Management Committee, made up of Trustees. The Commitlee meets regularly and are responsible for the
stiategic direction and policy of the charity. The day-lo-day responsibility for Ihe provision of the services rests with the
manager and the senior management team.
Audilor
The Board of solas approved appointment of Kearney & Co as their auditor for the year.

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2023
The Trustees, report was approved by the Board of Trustees.
Fionnguala McCo118r
Trustee
Oated.,

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2023
Statement of Trustees, Responslbllltles
The Trustees, who are also the directors of solas for the purpose of company law, are responsible for preparing the
Trustees, Report and the financial statements in accordance with applicable law and Uniled Kingdom Accounting
Standards (Uniled Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees lo prepare financial statements for each financial yearwhich give a true and fair
view of the slate of affairs of the charity and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to..
select suitable accounling policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates Ihal are reasonable and prudent., and
prepare the financial statements on the going concern basis unless It Is Inappropriate to presume that the
charity will continue in operallon.
The Trustees are rèsponsible for keeping adequale accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irr8gularities.
Audltor
Each of th8 Persons who is g Trustee at the date of approval of thls report confirms Ihal.,
so far as they a￿ aware, there is no relevant audit information ofwhich the charity's audilor is unaware., and
they have taken 811 relevant steps that they ought to have taken as trustee to make thernselves aware of any
relevant audit Information and to establish Ihat the charity's auditor is aware of that information.
Small company provlslons
This report has been prepared In accordance with the provisions applicable lo companies enlitled to the small
companies, exemption.

SOLAS
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SOLAS
Oplnlon
We have audited the financial statements of solas (the 'charity') for the year ended 30 June 2023 which comprise
the statement of financial activities. the balance sheet. and the notes to the financial statements, including
significant accounting policies. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Rgporting Standard
8pplicable in lh8 UK and Republic of Ireland (United Kingdom Generally Accepled Accounting Practice).
In our opinion, the financial statements-.
give a true and fair viewofthe slate of the charitable company's affairs as al 30 June 2023 and of its incoming
resources and application of resources, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pradice.,
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Inlernatlonal Standards on Auditing (UK) (ISAS (UK)> and applicable law.
Our responsibilities under those standards are further described in the Auditoffs responsibililies for Ihe audit of the
financial stal8m8nts section of our report. We are independent of the charity in accordance with the ethical
requirements Ihat are relevant to our audit of Ihe financial statements In the UK. Sncluding the FRC'S Ethical Slandard.
and wè have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern.
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of
accounting in the preparalion of the financial statements is appropriate.
Based on the work we have performed, we have nol identified any material uncertainties relaling lo events or
conditions that, individually or colleGlively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described In the relevant
sections of this report.
Other Informatlon
The olher information comprises the information included in the 8nnual report other than the financial statements and
our auditorfs report thereon. The Trustees are responsible for the other information contained within the annual report.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to
read the other information and. in doing so. consider whether the other information is materially inconsistenl with the
financial statements, or our knowledge obtained in the Course of the audit, or olherwise 8ppears to be materially
misstaled. If we identify such material ineonsislencies or apparent material misstatements, we are required lo
determine whether this gives rise to a malerial misstatement in the financial statements themselves If, based on the
work we have performed, we conclude that there is a material misstatement ofthis other information, we are required
lo report Ihal fact,
We have nothing to report in this regard.
Oplnlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the Tru5tees' repDrt, which includes the directors, report prepared for the purposes of
company law, for the financial year for which the financial statements are prepared is consislenl with the financial
slalerllents, and
the directors, report included within the Trustees. report has been prepared in accordance with applicable legal
requirements.

SOLAS
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SOLAS
Matters on which we are required to report by exception.
In the light of the knowledge and understanding of the charity and its environment obtained in Ihe course of the audit,
we have not identified material misstalemenls in the directors, report included within the Trustees, report.
We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006 requires us
lo report to you if, in our opinion.,
adequate accounting records have not been kept, or returns adequate for our audit have not been received
from branches not visited by us., or
the financial slalemenls are not in agreement with the accoLJnling records and returns., or
certain disclosures of Trustees, remuneration specified by law are not made., or
we have not received all the informalion and explanations we requife for our audit., or
the Directors were not enlilled lo piepare the financial slalemenls in accordance with the small companies,
regime and lake advantage of the small companies, exemptions in preparing the Trustees, report and from
the requirement lo prepare a strategic report.
Responsibilities of the Trustees
As explained more fully in Ihe slalernent of Truslees, responsibilities. the Trustees are responsible for the preparation
of the financial statements and for being satisfied that they give a true and fair view, and for such internal Gonlrol as
the Trustees determine is necessary lo enable the preparation of financial slalemenls that are free from material
misstatement, whether due lo fraud or error. In preparing the financial slalemenls, the Trustees are responsible for
assessing the charity's ability to continue as a going concern, disclosing, as applicable, malleis related to going
concern and using the going concern basis of accounting unless the Trustees either intend to liquidate Ihe ¢haritable
company or lo cease operations, or have no realistic allernalive bul to do so.
Auditor's re8ponsibllities for the audlt of the financial statements
Our objectives are lo obtain reasonable assurance about whether thè financial slalements as a whole are flee from
material misslalemenl, whether due to fraud or error, and lo issuè an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee Ihal an audit conducted in accordance with
ISAS (UK) will always delecl a material misslalemenl when il exists. Misslalemenls can arise from fraud or error and
are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial stalemenls.
Irregularities, including fraud, are inslances of non-compliance with laws and règulations. We design procedures in
line with our responsibilities, outlined above. to detect material misslalemenls in respect of irregularities, including
fraud. The exlenl to which our procedures are capable of delecling irregularities, including fraud. is detailed below.
A further description of our responsibilities is available on the Financial Reporting CoLsncil's website al.. htlps'.11
www.frc.org.uklaudilorsresponsibi1ities. This description forms part of our audilols report.
QKOL Lc)(JiS
ck
Sarah Louise Lynch (Senior Ststutory Auditor)
For and on behalf of Kearney & Co
Chartered Accountants
Statutory Auditor
Donegall House
2 Floor
98-102 Donegall Street
Belfast
BT12GW

SOLAS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2023
Unrestricted Restricted
funds
funds
2023
2023
Totsl
Total
2023
2022
Notes
Income from:
Charitable Aclivilies
Investments
285,231
10
824,819
1,110,050
10
836,917
244
Total income
285,241
824,819
1,110,060
837,161
Ex
endlturÈ on:
Charitable activities
6,706
949,156
955,862
703,818
Total resourcos oxpended
6,706
949,158
955,862
703,818
Net lexpendlture)Iln¢ome for the year
278,535
-124,337
154,198
133,343
Tiansfers between funds
-86,152
86,152
Net movement In funds
192,383
-38,185
154,198
133,343
Fund balances at 1 July 2022
131,902
461,399
593,301
459.958
Fund balance3 at 30 June 2023
324,285
423,214
747,499
593,301
The statement of financlal aclivilies includes all gains and losses reoognised in the year.
All income and expenditure derive ffom conllnulng aclivitles.
The slalement of financial activities also complies with the requirements for an income and expendlture account under
Ihe Companies Act 2006,

SOLAS
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED 30 JUNE 2023
2023
2022
Notes
Fixed assets
Tangible assets
171,775
175,200
Current assets
Debtors
Cash al bank and In hand
30,603
601,830
28,624
403,158
632,433
431,782
Credltor8: amounts falling duè withln
one year
10
(56,709)
(13,681)
Net current assets
575.724
418,101
Net A88ets
747,499
593,301
Income funds
Reslricled funds
Unreslricled funds
11
423,214
324,285
461,399
131,902
747,499
593.301
These financlal statements have been prepared in accordance with the provisions applicable lo the companies subject
to the small Gompanies, regime,
The fin8nci81 statements were approved by the Trustees on
Flonnguala Mccotter
Trustee
Company Registration No. N1072164
10

SOLAS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2023
NOTES
2023
2022
Cash flows from operatlng actSvities
Cash generated from op8rations
13
230,102
140,819
Investirtg activities
Purchase of tangible fixed assets
(31,430) 132,5621
{31,430}
(32,582)
Net Increase In cagh and cash gquivalents
198,672
108,257
Cash and cash equivalents al the beginning of the year
403,158
294,901
cash and cash equivalents at the ond of the year
801,830
403,158

SOLAS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
Accounting policles
Charity infomiation
solas is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 284A
Parkmore Building. Ormeau Road, Belfast, BT7 2GB.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's constilulion, the Companies Act
2006 and °Accounting and Reporting by Charities.. Slaternent of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporling Standard applicable in the UK and Republic
of Ireland IFRS 102) las amended foT accounting periods commencing from 1 January 2016), The charily is
Public Benefit Enlily as defined by FRS 102.
The financial statements are prepared in sterling, which is the funclional currency of the charily. Monetary
amounts in th8s8 financial stalemonts are rounded lo the nearest £.
The financial statements have been prepared under the historical cosl convention, modified to include the
revaluation of freehold propertiès and to include invèstment properiies and certain financial instruments at fair
value. The principal accounting policies adopted are set out below.
1.2 Golng concorn
Al the tlme of approving the financial statements, the Irustees have a reasonable 8XP8clation that the charity
has adequate resources lo continue in Oper￿li0n31 exislenLe for the foreseeable future. Thus, the Iruslees
continue to adopt the going concern basis of accounting in preparing the financial slalements.
1.3 Charliable funds
Unreslricled funds are available foi use at th8 discretion of the truslees in furtherance of th8ir charitable
objectives unless the funds have been designaled for other purposes.
Reslricled funds are subject lo specific condltions by donors as lo how they may be used. The purposes and
uses of Ihe restricted funds are set out in Ihe notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital musl be mainlained by the charity.
1.4 Incoming resources
Income Is recognised when the charity is legally entitlèd to il after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donalion, unless performance conditions require deferral ol the amount. Income tax recoverable in
relation lo donations received under Gift Aid or deeds of covenant is recognised at Ihe lime of the donation.
Legacies are recognised on re￿ipt or olhewise if Ihe charity has been notified of an impending dislribulion,
thè amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a conlingent
asset.
Turnover is measured al the fair value of thè consideration received or receivable and represents smounts
receivable for goods and services provided in the normal course of business, net of discounts, VAT and other
sales related taxes.
1.5 Expendlture
All expendilure is recognised on an aGcruals basis as a liability and is incurred and classified under headings
Ihat aggregate all cost related to the category
Expenditure on charitable aclivilies are costs incurred on the companies, charitable operations including
support costs and costs relating to the governance to the company apportioned to charitable aclivilies.
12

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Accounting policies
1.5 Tanglble flxed assets
Tangible fixed assets are initially measured at cosl and subsequently measured at cost or valualion, net of
depreciation and any impairment losses.
Deprcciation is recognised so as lo write off the cost or valuation of assets less Ihelr resldual values over their
U8eful lives on the following bases..
Freehold land and buildings
EquipmenlllT Equipmenl
Motor Vehicles
4Yo Straight Line
33 % 120QA Straight Line
250/0 Slraighl Line
The gain or loss arising on the disposal of an asset is determined as tho difference between the sale proceeds
and the carrying value of the assel and Is recoonised in net incomel{oxpenditure) for the year.
1.6 Impairment of flxed as80ts
At each reporting end date, the Gharily reviews the carrying amounts of ilb tangible assets to delermine whether
there is any indication that those assets have suffered an impairment loss. If any such indication exists. the
recoverable amount of the assel Ss estimated in order to determine the extent of the impairment loss {if any).
Intangible assets with indefinite usèful lives and intangible a5sels not yel available for use are lesled for
impairment annually, and whenever there is an indication that the asset may be impaired.
1.7 Cash and rash equlvalents
Cash and cash equivalents include cash in hand. deposits held al call with banks, other short-term liquld
investments wilh original maturities of Ihree months or less, and bank overdrafis. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Flnan¢lal Instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Inslruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 lo all cf its financial instruments.
Financial instruments are recognised in the charity's balance sheet when Ihe Charity becomes parly to the
contractual provisions of the inslrumenl.
Financial assets and liabilitles are offset, wllh the nel amounts presented in the financial slalements, when
there is a legally enforceable right to sel off the r8CQgnised amounts and Ihere is an intention to sellle on a net
basis or lo realise the asset and setlle the liability simultaneously.
Basio financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction
price including Iransaction cosls and are subsequently carried al amortised cost using the effeclive interest
method unless the arrangement constitutes a financing Iransaclion, where the transaclion is measured at the
present value of the fulure receipls discounted al a Inarket rate of interest. Financial assets classified as
receivable within one year are nol amortised.
13

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Accounting poliGi93
Basic flnancial liablllties
Basic financial liabilities, including créditors and bank loans are initially recognised at transaction price unless
Ihe arrangement constitute5 a financing transaction. wherè the debt instrument is measured al the present
value of the future payments discounted al a market rale of interest Financial liabilities classified as payable
within one year are not amortised.
Debt inslrum8nts are subsequently carried al amortised cost, using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired In Ihe ordinary course of
operations from suppliers, Amounts payable are classified as current liabilities if payment is due within one year
or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at trans8clion
pric8 and subsequently measured al amortised cost using the effective interest method.
Derecognition ol financlal Ilabllltles
Financial liabilities are derecognised when the Gharily's contractual obligations expire or are discharged or
cancelled.
1.9 Employee b8noflts
The cost of any unused hollday entitlement is recognised in the period in whlch the employee's seNices are
re￿ived.
Terminiilion benefits are recognised immediately as an expense when the charity is demonstrably committed
to teimlnale the employment of an employe8 or lo provlde termination benefits.
1.10 Retirement benaflts
Payments lo defined conlribulion retlrement benefit sch@me8 are charged as an expense as they fall du8.
Critical accounting estimates and ludgements
In the applicalion of the charity's accounllng policies, the trustees are required to make judgements, eslimales
and assumptions about Ihe carrying amount of assels and liabililies that are not readily apparent from olher
sources. The estimates and associated assumptions are based on hislorical experience and other factors that
are considered lo be relovant. Aclual resulls may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounling
estimates are recognised in the period in which the estimate is revised whère the revision affccts only that
period, or in the period of the revision and future periods where the revision affects both Lurrent and future
periods.
14

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Charltable activities
Unrestricted Restricted
funds
funds
Totsl
Total
2023
2023
2023
2022
Fees
Grants
285,231
285,231
824,819
192.946
643,971
824.819
285,231
824,819
1,110,050
836,917
Investments
Unrestrlcted
funds
Total
2023
2022
Inleresl receivable
244
15

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
5 Charltable actlvlties
Charltsble Charitable
Expendlture Expendlture
2023
2022
Stsff costs
Depreciation & Impairment
Actlvlties & Resources
Training
Telephone & Inlernel
Stationery & Printing
Rent
Motor & Travel
Heat & Light
IT
Insurance
Advertising
Legal & Professlonal Fees
Subseriplions
Room Hire & Calering
Payroll & Accountancy
Consultancy
Cleaning & General
Repairs and Maintenance
Bank Charges
Access Nl
Waste disposal
Equipment
Staff entertainment
Sundry
668,664
34,856
49,998
1,844
14,457
3,688
42,178
14,620
10,974
536.946
18,614
35,644
1,027
12,962
3,179
33,380
7,351
10,721
1,251
6.196
50
360
1,076
8,357
1,410
10,619
370
3,850
230
1,947
618
9,424
126
9,993
g06
7,101
1,605
10,514
1,266
47,874
312
1,947
701
14,453
719
1,212
700
1,920
949 432
Share of governance co8t8 {Audit Fees)
Fire Safety
5,040
1,390
5,040
Analysls by fund
UnresliiGled funds
Restricted funds
8,7Q6
949156
134.131
569 687
16

SOLAS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Trustees
None of the Trustees received any remuneration or benefits from the charity during the year.
No person conn8Cted with a Trustee received a salary frem the charity during the year12022: Nil).
Employees
Number of employees
2023
Number
2022
Number
The average monthly number of employees during the year was..
61
50
Employment costs
2023
2022
Wages and salaries
Social security costs
Pension costs
641,178
15,306
12,180
517,671
10,281
8,994
668,e64
536,946
Key Management Personnel
Key management personnel includè all persons that have authority and responsibility for planning, directing,
and controlling the activities of the Charity. Key management include the Managing Director, Childcare
SeNices Manager, HR Manager and Finance Administrator. The total compensation paid lo key
management personnel for services provided lo the Charity was £97,691.
No employee of the Charity received employee benefits of more than £60,000 during the year. (2022.. Nil)
17

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Tangible flxed assets
Freehold land Flxturès, Flttlng8
and bulldlngs
and Equlpment
Motor
vèhicles
Total
C08t
At 1 July 2022
Additions
173,650
79,091
5.690
49,433
25,740
302,174
31,430
At 30 June 2023
173,650
84,781
75,175
333,604
Depreclatlon and impalrm8nt
At 1 July 2022
Depreciation charged in the year
27,783
6,946
64,003
10,44S
35,188
17,464
126,974
34,856
At 30 June 2023
34,730
74.449
52,651
161,832
Carrylng amount
At 30 June 2023
138,920
10.332
22,523
171,775
AI 30 June 2022
145,867
15,088
14,245
175,200
Debtors
2023
2022
Prepayments and accrued Income
30,603
28,624
30,603
28,624
10 Credltor8'. amounts falllng due within one year
2023
2022
Other taxation and social security
Accruals and deferred income
13,332
43,377
6,023
7,658
56,709
13.681
18

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
11 Rastrlcted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of
donations and grants held on trust for specific purposes..
Movement In funds
Incoming Resources expend8d
r950urGes
Balanc& at
1 July 2022
Transfer8
Balance at
30 June 2023
Back on Track
Home Support
Respile {DireGI payment)
Kids Den
Therapeutic Services
SONA
Youth & TBUC
Podcast Health
Early Years
Parkmore & The Patch Programme
Fun Day
938
69,061
25,146
25,008
471
15,182
82,528
11,446
32,840
198,494
285
3,315
106,967
313,170
38.837
112,561
15.615
91,636
19,0491
(108,7881
1369,6031
<40,690)
<85,264)
(80,867)
(89.689)
4,795
67,241
31,288
23,155
27,768
50,070
84,474
11,446
17,297
191.547
285
142,719
(158,261)
(6,946)
461,399
824,819
1949,156
86,152
423,214
12 Analysls of net assets botween funds
Unreslrlct8d Restrlcted
Funds
Funds
Total
2023
Total
2022
2023
2023
Fund balances at 30 June 2023 are
represented by:
Tangible assets
Current asselsl{liabililiesl
10,333
313,952
161,442
261,772
171,775
575,724
175,200
418,101
324.284
432,214
747,499
S93,301
19

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
13 Cash generated from operatSons
2023
2022
Surplus for the year
154,198
133,343
Adjustments for..
Depreciation
34,856
18,614
Movernents in working capital..
(lncreasel in debtors
Increase in creditors
11,9791
43,027
10,290
(21,428)
230,102
140,819
1 July
2022
Cash
Flow8
30 June
2023
14 Analysis of changes In net funds
Cash at bank and in hand
403,158
198,672
601,830
403,158
198,672
601.830
15 Related party transaclions
There were no related party transactions during the year {2022'. Nil).
16 Retlrement ben8flt scheme
The charity operates a defined contribution pension scheme for all qualifying employees. The
assets of the scheme are held separately from those of the charily in an independently
administered funds.
The charge to profit or loss in respect of defined contribution schemes was £12,18012022. £8,994)
20

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
17 Taxatlon
solas has been granted charitable stalus by the inland revenue.
Charity Number.. NIC100114
18 Deferred Income
2023
2022
At 1 July 2022
Amount released to income
Amount deferred in year
35,527
At 30 Jun• 2023
35,527
21