SOLAS OXFORD COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13447996 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The principal activity of the company is Other human health activities



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

John Gerard Byrne
Rory Gavin Bolton


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
25 March 2025

And signed on behalf of the board by:
Name: John Gerard Byrne
Status: Director

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 148,210 135,826
Cost of sales: ( 123,883 ) ( 111,264 )
Gross profit(or loss): 24,327 24,562
Administrative expenses: ( 32,334 ) ( 32,047 )
Other operating income: 9,967
Operating profit(or loss): 1,960 (7,485)
Profit(or loss) before tax: 1,960 (7,485)
Profit(or loss) for the financial year: 1,960 (7,485)

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 7,391 9,473
Total fixed assets: 7,391 9,473
Current assets
Debtors: 4 17,957 4,592
Cash at bank and in hand: 4,409 4,806
Total current assets: 22,366 9,398
Creditors: amounts falling due within one year: 5 ( 31,882 ) ( 22,956 )
Net current assets (liabilities): (9,516) (13,558)
Total assets less current liabilities: (2,125) ( 4,085)
Total net assets (liabilities): (2,125) (4,085)
Members' funds
Profit and loss account: (2,125) ( 4,085)
Total members' funds: ( 2,125) (4,085)

The notes form part of these financial statements

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 June 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 25 March 2025
and signed on behalf of the board by:

Name: John Gerard Byrne
Status: Director

The notes form part of these financial statements

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 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 assets Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Office equipment 20% straight line Furniture and fittings 20% straight line

    Other accounting policies

    Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compliance These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. Going concern The financial statements have been prepared on a going concern basis. Revenue recognition Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. Foreign currency transactions and balances Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured. Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated. Tax The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Reclassification The current and prior year conslutancy costs which are directly related to the income of the business have been included within 'Direct costs' for both years. In the previously filed accounts these were shown within 'Administration expenses'.

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 2,074 10,393 12,467
Additions 180 180
Disposals
Revaluations
Transfers
At 30 June 2024 2,074 10,573 12,647
Depreciation
At 1 July 2023 500 2,494 2,994
Charge for year 415 1,847 2,262
On disposals
Other adjustments
At 30 June 2024 915 4,341 5,256
Net book value
At 30 June 2024 1,159 6,232 7,391
At 30 June 2023 1,574 7,899 9,473

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Trade debtors 16,158 3,750
Prepayments and accrued income 1,509 842
Other debtors 290
Total 17,957 4,592

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 6,600
Other creditors 25,282 22,956
Total 31,882 22,956

COMMUNITY INTEREST ANNUAL REPORT

SOLAS OXFORD COMMUNITY INTEREST COMPANY

Company Number: 13447996 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The company provides training and supervision to practitioners and professionals who are trying to develop their knowledge and skills in helping vulnerable children, adults, and families. The training we provide is often bespoke, designed specifically for those professionals, but we also run evidence-based trainings in mentalization based treatment, and in particular the Lighthouse Mentalization based treatment parenting program. We have run trainings for clinicians and practitioners in the UK, in Poland (a charity working with the most vulnerable children and families), in Chile, Germany, Spain, Lithuania, (online) Portugal, (online) and in Ireland. Some of these trainings, (Lithuania and Ireland and Poland) were subsidized by the company, and one was provided entirely free (Portugal). The clinicians and professionals who were trained have been running groups, meeting the needs of vulnerable children and families, and we estimate in this way that the company has intervened indirectly in supporting the reduction of risk and the promotion of healthy development in at least 750 families. The company has been involved in the training and supervision of social care professionals in the UK, in five local authorities as part of a randomized control trial of the Lighthouse Parenting Program, in collaboration with the Anna Freud Centre and What Works for Children’s Social Care. This trial concluded in July 2022. One local authority, Oxford, has continued to commission training to support family practitioners in their work with families. In addition, we have delivered one group (online) MBT intervention for four local authorities, for parents going through proceedings. We continue to support and promote research in work with the most vulnerable children and families in the UK and worldwide. We continue to support the development of clinicians and early researchers through free or reduced fees for trainings and we paid for a researcher at UCL/Anna Freud to work on data for the company, supporting his development.

Consultation with stakeholders

We have not had a formal consultation with our stakeholders. However, in designing bespoke trainings we have met with 7 local authorities to design specific trainings for their social work staff to enable them to meet the needs of children and families in 2021 and 2. In recent work we have continued to meet with social care in Oxford and 4 other local authorities, plus charities in Poland and Spain. We are conducting research on the impact of our trainings on staff and their work, we will be publishing on this in 2026. We are collaborating with two leading researchers who are editing a book on the Lighthouse programme, publication planned for 2026.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £84,343. No payroll is run by the company and the directors received this as self-employed individuals. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 March 2025

And signed on behalf of the board by:
Name: John Gerard Byrne
Status: Director