SUPPORT FOR ORDINARY LIVING

Company limited by guarantee

Company Registration Number:
SC183408 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

SUPPORT FOR ORDINARY LIVING

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SUPPORT FOR ORDINARY LIVING

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The Company’s principal objectives, as described in its Memorandum and Articles of Association, are “to promote the welfare of people in need of support to live at home, and in furtherance thereof, but not otherwise, to provide support, assistance and services for such people aimed at equality of treatment and opportunity with other people within the community including without prejudice to the foregoing generality by, assistance in planning, arranging and co-ordinating support and selecting and employing support staff; designing and providing support services including assistance with personal care, daily living and social activities; assisting in obtaining housing and related services, education, training and employment and specialised support such as counselling or appropriate health care”. We work across North and South Lanarkshire, Glasgow and East Renfrewshire Health and Social Care Partnerships to take forward their agenda of Personalisation and self-directed support, which seeks to shift the balance of power and control from organisations and professionals and build on the capacity of individuals to take greater control over their own lives and their individual budgets. SOL is fully committed to the principles of Self-Directed Support and Personalization, offering people just the right amount of support to live a life of their choosing that promotes their gifts and capacities in achieving their full life potential. To ensure full choice and control for the people we work for, SOL continues to develop an Outcome Based Support Plan for each person we work for. This ensures that we capture important information about people and support them to achieve what is important for and to them, in achieving a good life. SOL Connect, SOL’s technology enabled care service, continues to grow and to present the people we work for the opportunity to use their individual budget creatively by offering an alternative to paid support that promotes creativity, independence and best value at a level that suits every individual. SOL is a major employer across Lanarkshire, with a highly trained and well-motivated workforce that has built up considerable knowledge, experience, and skills over many areas, as the organisation has grown.

Company policy on disabled employees

Employee involvement and employment of disabled persons During the year, the Leadership Team has continued to engage with staff in a series of meetings about the challenges and realities facing the organisation. It is the intention to provide opportunities for regular dialogue with staff to seek their ideas and feedback via Staff Group Support sessions bi-annually. In recognition of the equal status of people with disabilities, SOL actively promotes and encourages the employment of people with disabilities who may apply for posts within the organisation and where a person with a disability can adequately meet the requirements of the job. Where existing employees become disabled, it is the charity’s policy, wherever practicable, to provide continuing employment under normal terms and conditions and to provide training and career development and promotion to disabled employees, wherever possible.

Additional information

Plans for future periods The key aims and objectives of the Charity, as laid out in the three year Strategic Plan, are: - To remain customer focused and customer driven. - To assist people we work for to achieve the best quality of life and to ensure that their outcomes are met within their individual budget allocation. - To continue to expand, develop and market SOL Connect to internal and external customers. - To make our costs more accessible and transparent for existing and new customers. - To increase efficiency through introducing new systems and processes. - To continue to expand SOL’s business model across other local authority areas. - To continue to invest in learning and development internally to ensure all key staff complete their registration with the SSSC. - To maintain constructive dialogue with commissioning bodies to ensure contractual changes are dealt with constructively. - To maintain and improve the quality of everything we do through the Implementation of the Quality Assurance Framework. - To implement the People Strategy. - To consolidate the work of our Risk Management Group



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Patrick Murphy
Stewart Gibb
Laraine Shields
Philip Gorrell
Ernest Turner
Suzanne Langford-Commins
Linda Mitchell


Secretary Tracey Morrison

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 November 2024

And signed on behalf of the board by:
Name: Patrick Murphy
Status: Director

SUPPORT FOR ORDINARY LIVING

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 7,789,625 7,319,169
Cost of sales: ( 7,436,970 ) ( 7,124,468 )
Gross profit(or loss): 352,655 194,701
Operating profit(or loss): 352,655 194,701
Profit(or loss) before tax: 352,655 194,701
Profit(or loss) for the financial year: 352,655 194,701

SUPPORT FOR ORDINARY LIVING

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 37,731 62,522
Total fixed assets: 37,731 62,522
Current assets
Stocks: 4 30,867 38,494
Debtors: 5 1,376,257 1,337,084
Cash at bank and in hand: 794,486 562,854
Total current assets: 2,201,610 1,938,432
Creditors: amounts falling due within one year: 6 ( 855,588 ) ( 969,856 )
Net current assets (liabilities): 1,346,022 968,576
Total assets less current liabilities: 1,383,753 1,031,098
Total net assets (liabilities): 1,383,753 1,031,098
Members' funds
Profit and loss account: 1,383,753 1,031,098
Total members' funds: 1,383,753 1,031,098

The notes form part of these financial statements

SUPPORT FOR ORDINARY LIVING

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 November 2024
and signed on behalf of the board by:

Name: Patrick Murphy
Status: Director

The notes form part of these financial statements

SUPPORT FOR ORDINARY LIVING

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Fixed assets below £500 are not capitalised. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 33% staight 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 the statement of financial activities.

    Other accounting policies

    1 Accounting policies Charity information Support for Ordinary Living is a private company limited by guarantee incorporated in Scotland. The registered office and principal place of business is 96 Kirk Rd, Wishaw, ML2 7BL. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's [governing document], the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern The financial statements have been prepared on a going concern basis. In considering the appropriateness of the going concern assumption, the trustees have taken into consideration the charity’s cash flow forecasts and the charity’s present level of funding. As such, the trustees are therefore confident that they have sufficient working capital and consider that adequate longer term funding will remain in place and consequently the charity will continue as a going concern. No adjustments have been made to the carrying value of both assets and liabilities, that might be required should the going concern basis be inappropriate 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met. When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in restricted funds when receivable Grant Income Grants, including grants for the purchase and improvement of fixed assets, are recognised in full in the year in which they are received. Where grants are received specifically to provide for a fixed asset, the income is recognised in the SOFA in the year of receipt and an amount equal to the grant is transferred to funds, which is then reduced over the useful economic life in line with the depreciation charged. Grants of a revenue nature are credited to income in the period to which they relate, with advance receipts being treated as deferred income and carried forward in the balance sheet. Government grants are credited to income when the grant proceeds are received, provided that the terms of the grant do not impose future performance-related conditions. Government grants that are received before the revenue recognition criteria are met are recognised as deferred income. 1.5 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured or estimated reliably. Liabilities are measured on recognition at historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. The exception is that certain financial instruments must be adjusted to their present value; these include financial liabilities where settlement is deferred for more than 12 months after the reporting date. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. Charitable activities Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to governance of the charity apportioned to charitable activities. The costs of charitable activities presented in the Statement of Financial Activities includes the costs of both direct service provision and the payments of grant awards if applicable. Governance costs Governance costs (which are included as a component of support costs in accordance with SORP) comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include those related to constitutional and statutory requirements, external scrutiny (audit or independent examination), strategic management, and other legal and professional fees. Raising Funds Expenditure on raising funds includes all expenditure incurred by a charity to raise funds for its charitable purposes. It includes the costs of all fundraising activities and events together with those costs incurred in seeking donations, grants and legacies and investment management costs 1.7 Stocks Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at 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 Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument 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 at amortised cost, using the effective interest rate method. Trade creditors are obligations to 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-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement 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 demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.11 Retirement benefits The charity operates two defined contribution pension schemes. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the schemes. 1.12 Leases Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease. 1.13 Activity based reporting To comply fully with the Statement of Recommended Practice would require income and expenditure to be reported by activity. The Trustees are of the opinion that the activities of the charity are inter-linked, therefore this would be impractical to calculate and would provide no additional benefit to the users of these financial statements. Therefore no further analysis of income and expenditure is provided within these financial statements. 1.14 Funds held as custodian trustee The charity acts as trustees in the context of administering bank funds on behalf of service users as required in order to assist them in managing their day to day lives. Such funds are held within the charity’s bank account and are also recognised as a creditor on the charity’s balance sheet.

SUPPORT FOR ORDINARY LIVING

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 234 241

SUPPORT FOR ORDINARY LIVING

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 256,182 256,182
Additions 5,424 5,424
Disposals
Revaluations
Transfers
At 31 March 2024 261,606 261,606
Depreciation
At 1 April 2023 193,660 193,660
Charge for year 30,215 30,215
On disposals
Other adjustments
At 31 March 2024 223,875 223,875
Net book value
At 31 March 2024 37,731 37,731
At 31 March 2023 62,522 62,522

SUPPORT FOR ORDINARY LIVING

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 30,867 38,494
Total 30,867 38,494

SUPPORT FOR ORDINARY LIVING

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 1,301,753 1,037,588
Prepayments and accrued income 27,366 19,977
Other debtors 47,138 279,519
Total 1,376,257 1,337,084

SUPPORT FOR ORDINARY LIVING

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 74,234 72,506
Taxation and social security 140,406 147,331
Accruals and deferred income 470,550 620,019
Other creditors 170,398 130,000
Total 855,588 969,856