Charlty Registration No. NIC100114
Company Registration No. N1072164 (Northern Ireland)
SOLAS
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

SOLAS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Tom Doran (resigned 24 Jan. 2024}
Emily Gallagher
Fionnguala Mccolter {Chair)
Caitriona Nic Sheain
Lorraine McErlain (appointed 7" Nov. 2024)
Elaine Holmes
Ross Reid (resigned 14" Dec. 2024)
steven Egan (appointed 7￿? Nov. 20241
Mairead Mccartan
Joanne Mercer
Jean McGann
Secretary
Fionnguala Mccotter
Joanne Mercer
Charlty number
NIC100114
Company number
N1072164
Reglslered offlce
Parkmore Building
284a Ormeau Road
Belfast
8T7 2GB
Audltor
Kearney & Co
Donegall House
2nd Floor
98-102 Donegall Street
BELFAST
BT12GW

CONTENTS
Page
Trustees, report
Independent audilorfs report
stalemenl of financial activities
Balance sheel
Slalemenl of cash flows
Notes to the financial stalements
10
12-21

TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
The Trustees present their report and financlal statements for the year ended 30 June 2024.
The financial slatements have been prepared in accordance with the aGGounting policies set out in note 1 to the financial
slalemenls and comply wilh the charity's governing document, the Conipanies Act 2006 and °Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounls in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}. (as amended for accounting periods
commencing from 1 January 2016).
Objectives and actlvilles
The charity's objectives are to.
Advance health and wellbeing, education and development. with particular reference to those children with special
needs currently falling Outside the statutory provision..
Provide 'pathways' to services which vulnerable families may not normally be able to access,.
Support families who engage with Solas, and build a strong physical and practice infrastructure which will provide
consistent, quality care and support.
Ensure that the voices of childrenlyoung people with mild to severe leaming disabilities are heard and that thelr
voices shape and influence the development of government policies and mainstream seNices', Increase the visibility
of childrentyoung people, their parentslcarers and siblings and ensuring their full participation in community life.,
Lobby and advocate for increased bespoke servi￿$ for families through representation on all key commiltees,
steering groups and bodies with the potential to support our work.,
Train highly skilled staff to promote our commitment to excellence. working with academic institutions, voluntary
agencies and statutory bodies to ensure that our practice and experience contributes lo research and evaluations
which work towards improving practice.,
Develop a team of dedicated volunteers vtho use their skillslexperience in schools, ensuring children are supported
lo have an optimum education experience.
Current servlces Include:
(1 > Childcare l Youth & Respite Services (including Aftewhools l Respite Support, afternoons, evenings and
weekends, Saturday Clubs, Sibling Clubs. Youth clubs, Summer & holiday schemes. These interventions primarily
focus on ensuring that those with disabilities experience the same opportunities for inclusion in the community as
other young people. They also facilitale parents who need childcare, as well as parents who need respite support.
(2) Home Support & Therapeutic Services - providing Home Suppcrt, information and practical support for parents of
children in the process of a diagnosis or, with a recent diagnosis: Parent Programs, Parent Advice. Providing
Therapeulic Services for childrenlyoung people and their parenlslcarers including play therapy, art therapy,
counselling and well-being activities for adult carers I parents as well as young carers. These interventions primarily
focus on supporling children and young people wth disabilities including autism, and their parents I carers, who feel
isolated. alone and are experiencing mental health issues.
(3) Early Years Programme- Supporting children and families through Play & Stay right up to Pre-school. Solas is the
lead partner in the Special Education Needs, Belfast Wde Early Years (BWEY) Inilialive. including the following
partners, Glenbrook Surestart. Kids Together Belfast, East Belfast Surestart and Solas. Our BWEY Seedlings 2-3
year old development program and our BWEY Sunflowers 3-4 year old programme for children with disabilities,
supporls 30 children each year. In Sept 2023, we y￿re invited by the DE to deliver a SEN pre-school provision for
children wth disabilities and with a Statement of Educational Need in place.

TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
(4) Educational Programmes.. Programmes targeting children with mild additional needs and not achieving their full
learning potential (Back on Track Program). as well as Educational Workshops
(51 Young Adults Programme SONA - for young adults transitioning 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 to be with their peers.
The policies adopted in furtherance of these objects are.
Enhance the physical infrastiucture of the organisation ensuring that facilities are fit for purpose and designed to
best meet the complex needs of many of the service users supported. In the past year we have developed a new
programme SONA, and hired a new space al the YMCA site in Stranmillis, which we developed for young adults
transitioning from Special School. This programme supports young people with life skills, cookery, independence
skills, healthy eating and wellbeing, exercise, social skills. trips, etc
2. Consolidale and strengthen the organisalion's services. expand the capacily of solas to deliver vit£l programmes to
children, young people and their families. and lo ensure the long-lerm sustainability of Ihe organisation through
creating a business model which is robust and reduces their current dependency upon grant funding.
3. Work collaboratively with a diverse range of organisations, all of which contribute lo Ihe delivery of effeclive
services, primarily to benefit children and young people with additional needs across Belfasl. In partlGular, solas
works with 3 key partnership5, South Belfast Surestart {Ihrough the Early Years and Urban Village A Place STEP
programme; and the Belfast Wide Early Years {BWEY) partnership led by solas. We also collaborate on youth
programmes with Kids Together, a similar disability service organisation to solas operating in West Belfast.
4. Promote excellence in their practice - solas works closely wilh all Belfast based Universities and Teacher Training
College5. solas currently offers placement opportunities to students from QUB, Slranmillis, St Marys & UUJ
studying a number of degree programmes (including health & social care, psychology, education, masters in
autism, and masters in atypical child developmenl). Many of the students who come to solas on placement are
relained as staff memberslvolunteers.
5. Tackle disadvantages experienced by children and young people with moderate to severe learning needs who
experience an acute lack of choice or options throughout their lives when trying to access appropriate services.,
Ihrough delivery of early years and daycare services, afterschool provision, youlh services and educational support.
6. Grow organically and continue to develop a diverse range of programmes, projects and activities which meet the
needs of the whole family., the group currently deliver their services across 8 settings, the majority of which are
located in areas of gre8test disadvantage.
7. Generate income through Social Enterprise actNlties delivered through access to 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 category are eligible to access direct
payments from the Belfast Health and Social Care Trust and can use it lo buy in Ihe support they feel is most
needed to improve Iheir quality of life and provides benefit to them personally. S61as provides self-directed support
senfices and also offers administrative support to families to ac￿$$ the scheme.

SOLAS
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
Childcare l Youth and Respite Setvices - these services focuses upon children aged 5 to 18 years old and as per
core mission, targets those children with the most complex and challenging needs.11 provides a valuable childcare
seNice for working parents, and respite for those parenls who desperately need support. These services are
tailored and based upon the needs of each individual child l young person with suitable slaffing support in place as
per organisalional policies and experience.
9. Engage with Parentslcarers to enhance Se￿ices- solas èngages wilh parents and carers on a daily basis in
relation lo the needs of bolh their children and themselves. The feedback and information they provide is vital to the
ongoing success of the organisation. Parenlslcarers inform the development and enhancement of core
programmes and activities Parentslcarers readily support evaluations, research and frequently represent the
needs of their child(ren)lorganisation to funders, politicians and statutory authorities.
10. Engage with Staff - Engagement with our staff team is critical. The feedback and input they make to ensure delivery
of high-quality seNice and provision is vital to the day to day running of the organisalion.
11. Engage the Local CommunitylBusinesses to provide support to the organisation., this helps us create an extended
welcoming and safe environment for the childrenlyoung people and parenlslcarers who use our facilities.
12. Community Organisalions- solas works extensively and engages wilh a diverse range of community organisalions.
We are part oflhe Ulidia Campus Plans. which includes solas, Rosario Football Club as well as Scoil an Droichid
(primary school moving to the newly iefurbished Ulidia School site adjoining solas and the Ulidia Playing Fields).
The campus partners have been working togelher for several years to deliver services lo the community and to
maximise the use of the communily resources that we collectively hold.
13. We also work closely with Fomard South Partnership and South Belfasl Sureslart, with whom we have service
delivery partnerships. In addition we hire rooms from, YMCA, Mornington, Rosario Youth Club, Village Church
Haypark and Scoil an Droichid lo support the delivery of some of our community services.
14. Local Schools - solas and local schools engage on a daily basis in the best interests of the childrenlyoung people
attending the organisalion. Their services are interdeperKlenl and necessary to create the best possible
development and educational opportunities for the children WIK) attend their facilities. Schools understand the
challenges of providing safe and consistent care for children who need stability in order to Ihrive. Schools support
and understand the need for this project.
15. Belfast Trust and DE - solas has engaged from the outset with key slalutory agencies in developing the setvices
which are so important lo so many families. Positive engagement is essential 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 Charity should undertake.

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
Achievements and performance
Solas has experienced another year of grovrfth, responding to the increasing demand for care I respite, educational support,
deveSopmenlal programmes, therapeutic services and home support, across Belfast and further alield. The establishment of
our young adults transition programme, SONA, has been further developed in the year, and is supporting a growing number
of young people coming Ihiough from children's services. Many of these young people have experienced our children's
seNices and are now al the point of leaving special school and need a bespoke support progfamme. SONA endeavours lo
help young adults lo reach their full potential, by encouraging new skills and further developing existing skills in a holistic and
individual way 11 includes independent living skills, su¢h as cookery, self-caie, laundry. money management elc. It also
promotes health & wellbeing, such as physical exercise. healthy eating. art therapy, yoga, mindfulness, and offers all
participants social opportunities lo enjoy a range of leisure and recreations, such as bowling, swimming, day trips elc with
peers.
Contracts with the BHSCT demonstrate the growing confidence that the Disability Services al the trust place on services
offered at solas. Cash balances have improved, net assets have been maintained and Ihe charily is able to maintain
healthy operating surplus. solas received a significant boost in the year with securing £250.000 from the Goodman
Foundation towards the new £2.5m building developmenl project. A further £250,000 from Goodman Foundation has been
guaranteed once the construction starts.
Financial Revlew
The results for the year are set out on the Statement of Financial Activities. The Truslees consider the financial results
salisf8clory.
solas has a risk management policy in place under which risks are identified and reviewed by management on a regLJlar
basis. Procedure5 are in place to manage the risk5.
It Is the policy of the charity that unrestricted funds which have not been designated for a specific use should be mainlained at
a level equivalent to between three- and six-monlh's expenditure. The Trustees consider that reserves al this level will ensure
that, in the event of a significant drop in funding. they will be able to continue the charity's current activities while consideration
is given to ways in which additional funds may be raised. This level of rese￿eS has been mainlained throughout the year.
The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place lo
mitigate exposure lo the major risks.

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
Structure, governance and management
The charity 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 Assccialion and is governed by ils Articles of Association.
The Trustees, who are also the directors for the purpose of company law. and who served during the year and up to the dale
of signature of the financial stalements were:
Fionnguala McColter- Director Chair
Tom Doran (resigned 24" Jan. 2024)
Emily Gallagher
Caitriona Nic Sheain
Lorraine McErlain appointed 7 November 2024
Elaine Holmes
Ross Reid resigned 14 Dec 2024
Steven Egan appointed 71Th November 2024
Mairead Mccartan
Jean McGann
Joanne Mercer
None of the Trustees have any beneficial interest in the Company. All of the Trustees are members of the company and
guarantee to contribute £1 in the event of a winding up.
The directors of the company are also charity Trustees for the purposes of Charity Law. Under the requirements of the
Memorandum and Articles of Association directors are elected ai an Annual General Meeting by the members (in person, or
through an aulhorised representative or by proxy}.
All new directors receive in-house induction and Iraining appropriate to their roles.
Solas has a Managemenl Committee, made up of Trustees. The Committee meets regularly and are responsible for the
strategic direction and policy of Ihe charity- The day-to-day responsibility for the provision of the services rests with the
manager and the senior management team.
Audltor
The Board of solas approved appointment of Kearney & Co as their auditor for the year.
The Trustees, report was approved by the Board of Trustees.
Fionnguala Mccotter
Trustee
Dated:

SOLAS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
statement of Trustees, Responsibilities
The Trustees, who are also the directors of solas for the purpose of company law, are responsible for preparing the
Trustees, Report and Ihe financial statements in accordance with applicable law and United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financial statements for each financial year which give a tiue and fair
view of the state 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 slatemenls. the Trustees are required to=
select suitabl& accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP:
make judgements and estimates that 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 operation.
The Trustees are Tesponsible for keeping adequate accounting records that disclose with reasonable accuracy at
any lime the financial position of the charity and enable them lo ensure Ihat the financial stalements comply with the
Companies Act 2006. They are a150 responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Audltor
Each of the persons who is a Trustee al the date of approval of this report confirms that.
so far as they are aware. there is r￿ relevant audit information of which the charity's auditor is unaware; and
they have laken all relevant steps that they ought lo have taken as trustee to make themselves aware of any
relevant audit information and to establish that the charity's auditor is aware of thal information.
Small company provisions
This report has been prepared in accordance with Ihe provisions applicable to companies entitled to the small
companies, exemption.

INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SOLAS
Opinion
We have audited the financial stalemenls of Sola5 (the 'charity') for the year ended 30 June 2024 which comprise
the slatement 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 Reporting Slandard
applicable iii the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the stale of the charitable company's affairs as at 30 June 2024 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 Practice.,
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnion
We conducted our audit in accordance wilh International Standafds on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are furiher described in the Auditors respoiisibililies for th8 audil of the
financial s¢alements section of our report. We are independent of Ihe charity in accordance with the ethical
requirements that are relevant to our audil of the financial statements in the UK, including the FRC'S Elhical Standard,
and we 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.
Conclusions 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 preparation of the financial slatemenls is appropriate.
Based on the work we have performed, we have nol identified any material uncertainties relating to events or
conditions that, individually or collectively. 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 authorised for issue.
Our responsibililies and the responsibilits'es of the Twstees with reS￿cl to going concem are described in the relevant
sections of this report.
Other Informatlon
The other information comprises the information included in the annual feport other than the financial statements and
our auditor's report thereon. The Trustees are responsible for the olher infomiation contained within the annual report.
Our opinion on Ihe financial statements does not cover the olher infomiation and, except to the exlenl otherwise
expli¢illy slated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is lo
read the other information and, in doing so, consider whether Ihe olher infomation is materially inconsistenl with the
financial statements, or our knowledge obtained in the course of the audit, or olhervise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo
deteimine whether this gives rise to a material misstatement in the financial statements themselves. If. based on the
work we have performed, we conclude that there is a material misstatement of this other information, we are required
to report that facl.
We have nothing to report in this regard.
Oplnlons on other matters prescrlbed by Ihe Companies Act 2006
In our opinion, based on the work undertaken in the couise of our audit-
the information given in the Trustees, report. 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
slatemenls", and
the directors, report included within Ihe Trustees. report has been prepared in accordance with applicable legal
requirements.

SOLAS
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SOLAS
Matlers on which we are requlied to report by exception.
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit,
we have not identified material misstatements in the directors. report included wilhin the Trustees, report.
We have nothing to report in respect of the lollowing matters in relation to which the Companies Act 2006 requires us
to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have nol been received
from branches not visiled by us., or
the financial slatemenls are not in agreement with the accounting records and returns., or
certain disclosures of Trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit.. or
the Directors were not entitled to prepare the financial slalements in accordance with the small companies,
regime and take advantage of the small companies, exemptions in preparing the Trustees, report and from
the requirement lo prepare a strategic report.
Responslbilities of the Trustees
As explained more fully in the statement of Trus(ees' responsibilities, the Trustees are responsible for the preparation
of the financial stalements and for being satisfied that they give a true and fair view, and for such inlernal control as
the Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whelher due to fraud or error. In preparing the financial statements. the Trustees are responsible for
assessing Ihe charity's ability to continue as a going concern, disclosing, as applicable, matters related lo going
concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable
company or to cease operations, or have no realistic alternative but to do so.
Audllor's responsibllltles for the audit of the financlal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstalemenl, whether due to fraud or error, and lo issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with
ISAS (UK) will always detect a material misslatement when it exists. Misstatements can arise from fraud or error and
are considered material if, individually or in the aggregate. they could reasonably be expeGted to influence the
economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud. are inslances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above, to delecl material misstatements in respect of irregularities, including
fraud. The exlenl to which our procedures are capable of detecting irregularities. including fraud, 15 detailed below.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11
www.frc.org.uklauditorsresponsibilities. Thi5 desciiplion forms part of our auditor's report.
This report is made solely to the company's members, as a body, in accordance with the Companies Act 2006. Our
audit work has been undertaken so that we might state to the company's members those matters we are required lo
state to in an auditor's report and for no other purpose. To the fullest exient permitted by law. we do not accept or
assume responsibility to anyone other than the company and the company's members as a body. for our audit work,
for this report, or for the opinions we have formed.
-ruQl'Je.
Sarah Loulse Lynch (Senior Statutory Audltor
For and on behalf of Kearney & Co
Chartered Accountants
statutory Audltor
Donegall House
2nd Floor
98-102 Donegall Streel
Belfast
BT12GW

SOLAS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted Restricted
funds
funds
2024
2024
Total
Total
2024
2023
Notes
Income from:
Charitable Activities
Investments
478,481
812,233
1,290,714
1,110,050
10
Total income
478,481
812.233
1,290.714
1,110,060
endlture on:
Charitable activities
68.923
1,033.699
1,102,622
955,862
Total resources expended
68.923
1,033,699
1,102,822
955,862
Net {expendllure)Iln¢om& for the year
409,558
(221.466)
188,092
154,198
Transfers between funds
(344,219)
344.219
Net movement In funds
65,339
122,753
188,092
154,198
Fund balances at 1 July 2023
324,285
423,214
747,499
593,301
Fund balances at 30 June 2024
389,624
545,967
935,591
747,499
The statement of financial activities includes all gains and losses recognised in the year.
All income and expendilure derive from continuing aclivities.
The statement of financial aclivilies also Complies wilh the requirements for an income and expenditure account under
the Companies Act 2006.

SOLAS
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED 30 JUNE 2024
2024
2023
Notes
Fixed assets
Tangible assets
150,074
171,775
Current assets
Debtors
Cash at bank and in hand
51,540
1.080.094
30,603
601,830
1,131,633
632,433
Credltors: amounts falllng due within
one year
10
(346,117)
(56,709)
Nel current assets
785,517
575,724
Net Assets
935,591
747,499
Income funds
Restricted funds
Unreslricled funds
11
545.967
389,624
423,214
324,285
935.591
747,499
These financial statements have been prepared in accordan￿ with the provisions applicable lo the comp8nies subject
to the small companies, regime.
The financial statements were approved by the Trustees on
Flonnguala
Trustee
ccotte
Company Registration No. N1072164
io

SOLAS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2024
NOTES
2024
2023
Cash flows from operating actlvities
Cash generated from operations
13
497,043
230,102
Investlng actlvities
Purchase of tangible fixed assets
{18.779) (31,430>
{18.779) (31,430)
Net Increase in cash and cash equlvalents
478,264
198,672
Cash and cash equivalents at the beginning of the year
601,830
403,158
Cash and cash equivalents at the end of the year
1,080,094
601,830

SOLAS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Accounting policies
Charity information
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 Accountlng convention
The financial slatements have been prepared in accordance with the charity's constitution, the Companies Act
2006 and "Accounting and Reporting by Chaiities.. 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 IFRS 102)" (as amended for accounting perio(fjs commencing from 1 January 2016). The charity is a
Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, ￿lch is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial slatemenls have been prepared under Ihe historical cost convention, modified to include the
revalualion of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounting policies adopted are sel out below.
1.2 Going concern
At the time of approving Ihe financial statements, the Irustees have a reasonable expeclation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charllable funds
Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable
objectives unless the fund5 have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the noles lo the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charily.
1.4 Incoming resources
Income is recognised when Ihe charity is legally entitled to it after any performance conditions have been met,
Ihe amounts Can be measured reliably, and it is probable Ihat income will be received.
Cash donations are recognised on receipt. other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of Ihe amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are iecognised on receipi or olherwise if the charity has been notified of an impending disliibution.
the amount is known, and receipt is expected. If the amount Is not known. the legacy is treated as a contingent
asset.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts
receivable for goods and services provided in the nomial course of business, net of discounts, VAT and other
sales related taxes.
1.5 Expendlture
All expenditure is recognised on an accruals basis as a liabilily and is incurred and dassified under heading5
that aggregate all cost related to the category.
Expenditure on charitable activities are costs incurred on the companies, charitable operations including
support costs and costs relating to the govemance to the company apportioned lo charitable activities.
12

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accountlng pollcies
1.5 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of
depreciation and any impaiimenl losses.
Depreciation is recognised so as to write off Ihe cost or valuation of assets less their residLial values over their
useful lives on the following bases:
Freehold land and buildings
EquipmenVIT Equipmenl
Motor Vehicles
40A Slraighl Line
33 % 1200h Straight Line
250k Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset and is recognised in net incomel(expenditure) for the year.
1.6 Impairment of flxed assets
Al each reporting end dale, the charity reviews the carrying amounts of its tangible assets to determine whether
there is any indication that those assets have suffered an impairment loss. If any such indicalion exisls, the
recoverable amount of the asset is ests'mated in order lo determine th8 extent of Ihe impairmenl loss (if any).
Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for
impairmenl annually, and whenever there is an indication that the asset may be impaired.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held al call wilh banks, other short-term liquid
Investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowing5 in current liabilities.
1.8 Financlal instrurnents
The charity has elected to apply the p￿vISIonS of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instiumenls Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when Ihe charity becomes party to the
contractual provi5ion5 of the inslrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right lo sel off the recognised amounts and there is an intention lo settle on a nel
basis or to realise the asset and settle the liability simultaneously.
Baslc flnanclal assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured al transaction
price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest. Financial assets classified as
receivable within one year are not amortised.
13

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accountlng policies
Basic flnancial liabijities
Basic financial liabilities, including credilors and bank loans are initially recognised al transaction price unless
the arrangement conslitules a financing transaction. where the debt inslrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried al amortised cost, Using the effective interest rate method.
Trade creditors are obligations lo pay for goods or services that have been acquired in the 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-currenl liabilities. Trade creditors are recognised initially al transaction
price and subsequenlly measured at amortised cost using the effective inleresl method.
Derecognltlon of flnanclal Ilablllties
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.9 Employee beneflts
The cost of any unused holiday enlitlement is recognised in the period in which the employee's services are
received
Termination benefits are recognised immediately as an expense when the charity is demonslrably committed
to terminate the employment of an employee or to provide terminakn'on benefils.
1.10 Retlrement beneflts
Payments lo defined contribution relifemenl benefit schemes are charged as an expense as they fall due.
Crltlcal accountlng estlmates and Judgements
In the application of the charity's accounting policies. Ihe trustees are required to make judgements, estimates
and assumptions about the carrying amount of assels and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other faclors that
are considered to be relevant. Actual resulls may differ from these estimates.
The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in Ihe period in which the eslimale is revised where the revision affecls only that
period, or in the period of the revision and future periods where the revision affects both currenl and fulure
periods.
14

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Charltable activities
Unrestrlcted Restricted
funds
funds
Total
Total
2024
2024
2024
2023
Fees
Grants
Donations
462,288
462,288
812,233
16,193
285,231
824,819
812,233
16,193
478.481
812,233
1,290,714
1,110,050
Investments
Unreslricted
funds
Total
2024
2023
Interest receivable
10
15

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
5 Charitable activities
Charitable Charitable
Expenditure Expenditure
2024
2023
Staff cos15
Depreciation & Impairment
Activities & Resources
Training
Telephone & Internet
Slalionery & Printing
Rent
Motor & Travel
Heat & Light
Employee Benefits
Insurance
Advertising
Legal & Professlonal Fees
Subscriptions
Room Hire & Catering
Payroll & Accountancy
Consultancy
Cleaning & General
Repairs and Maintenance
Bank Charges
Access Nl
Waste disposal
Equipment
staff entertainment
Sundry
844,418
40,482
49,389
2.920
12,892
4,322
49,990
13,345
18,505
1,600
3,012
6,134
11,687
999
7,746
1,962
8,962
1,734
5,770
331
1,718
1,872
4,517
38
2,833
668,664
34,856
49,998
1,844
14,457
3,688
42,178
14,620
10,974
9,424
126
9,993
906
7,101
1,605
10,514
1,266
47,874
312
1,947
701
14,453
719
1,212
1097 178
949 432
Share of governance costs (Audit Fees)
Fire Safely
5,040
404
5,040
1,390
Analysis by fund
Unrestricted funds
Restricted funds
68.923
1033 699
6,706
16

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Trustees
None of the Tiuslees received any remuneration or benefits from Ihe chaiity during the year.
No person connecled with a Trustee received a salary from the charity during the year (2023.. Nil).
Employees
Number of employees
2024
Number
2023
Number
The average monthly number of employees during Ihe year was:
66
61
Employment costs
2024
2023
Wages and salaries
Social security costs
Pension costs
639,839
132,330
72,249
641,178
15,306
12,180
844,418
668,664
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for planning, directing,
and conlrolling the activities of Ihe Charity. Key management include the Managing Director, Childcare
Services Manager, HR Manager and Finance Administrator. The total compensation paid to key
management personnel for services provided lo the Charity was £97.691.
No employee of Ihe Charity received employee benefits of more than £60.000 during the year. (2023.. Nil)
17

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Tangible fixed assets
Freehold land Flxture5, Fittings
and buildings
and Equlpmènt
Motor
vehlcles
Total
Cost
At 1 July 2023
Additions
173.650
84,781
18,779
75.175
333,604
18,779
At 30 June 2024
173,650
103,560
75,175
352,385
Depreclatlon and Impairment
At 1 July 2023
Depreciation charged in the year
34,730
6,946
74,451
14,742
52,651
18,794
161,832
40,482
At 30 June 2024
41.676
81,189
71.445
202,314
Carrylng amount
At 30 June 2024
131,974
14.369
3,730
150,074
At 30 June 2023
138,920
10,332
22,523
171,775
Debtors
2024
2023
Prepayments and accrued income
51,540
30,603
51,540
30,603
10 Creditors: amounts falling due wlthln one year
2024
2023
Other taxation and social security
Accruals and deferred income
14,009
332,108
13,332
43,377
346,117
56,709
18

SOLAS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 JUNE 2024
11 Restricted funds
The income fiinds of the charity include restricted funds comprising the following unexpended balances of
donations and granls held on Irust for specific purposes..
Movement In funds
In¢oming Rgsour¢e$ 8xpended
resources
Balance at
July 2023
Transfers
Balance at
30 June 2024
Back on Track
Home SLtpport
Respite (Direct payment)
Therapeutic Services
SONA
Youth & TBUC
Early Years
Capitsl
Other
34,601
67,241
36.820
142,165
204,842
135,084
3,204
49,356
223,512
(20,222)
(88,419)
(479,927)
(84,122)
(72,338)
{109,909)
(171,816)
(6,946)
51,199
120,987
275,085
27,769
78,731
69,134
84.474
17,297
191,547
285
23,921
88,993
184,601
17,535
17,250
423,214
812,233
11,033,699)
344,219
S45,967
12 Analysis of nel assets between funds
Unrestricted Restricted
Funds
Fund5
Total
2024
Tolal
2023
2024
2024
Fund balances al 30 June 2023 are
represented by:
Tangible assets
Current asselsl(liabilities)
14.370
375,254
135.704
410.263
150,074
785,517
171,775
575,724
389,624
64S,967
935,591
747,499
19

SOLAS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
13 Cash generated from operations
2024
2023
Surpliis for the year
188,092
154,198
Adjustments for..
Depre¢ialion
40,482
34,856
Movements in working capital:
(Increase) in debtors
Increase in creditors
(20,938)
289,407
11,979)
43,027
497,043
230,102
1 July
2023
Cash
Flows
30 June
2024
14 Analysis of changes In net funds
Cash at bank and in hand
601,830 478,264 1,080,094
601.830 478,264
1,080,094
16 Related party transactions
None of the trustees have been paid any remuneration or received any olher benefits from an
employment with the charity or a related enlity (2023 - Nil).
During the year ended 30 June 2024, a dose relative of the Managing Director was paid £220.50
for work carried out.
16 Retlrement beneflt 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 charity in an independenlly
administered funds.
The charge to profit or loss in respect of defined conttibution schemes was £16,894 (2023:
£12,180).
20

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
17 Taxatlon
solas lias been granted charitable slalus by the inland revenue.
Charity Number.. NIC100114
18 Deferred Income
2024
2023
At 1 July 2023
Amount released to income
35,527
{35,527)
Amount deferred in year
325,163
35,527
At 30 June 2024
325 163
35,527
21