REGISTERED COMPANY NUMBER: 04733478 (England and Wales)

REGISTERED CHARITY NUMBER: 1104507

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

SOLACE SURVIVING EXILE AND PERSECUTION

Page

Reference and Administrative Details

1

Chairperson's Report

2

Report of the Trustees

3

to

8

Report of the Independent Auditors

9

to

11

Statement of Financial Activities

12

Balance Sheet

13

Cash Flow Statement

14

Notes to the Cash Flow Statement

15

Notes to the Financial Statements

16

to

25

TRUSTEES

C Follin (resigned 3/12/25)

E Goodwin (Chair)

L Bolton (resigned 3/12/25)

P H Coltman

N Moran

Dr D Agoro (resigned 3/12/25)

P Gayford

C O'Brien (resigned 3/12/25)

P Dawson (appointed 3/12/25)

R Galbraith (appointed 3/6/26)

M Gribenyuk (appointed 4/6/25)

REGISTERED OFFICE

Manor House

Manor Street

Leeds

LS7 1PZ

REGISTERED COMPANY NUMBER

04733478 (England and Wales)

REGISTERED CHARITY NUMBER

1104507

INDEPENDENT AUDITORS

Thomas Coombs Limited

Statutory Auditor

Chartered Accountants

4225 Park Approach

Thorpe Park

Leeds

West Yorkshire

LS15 8GB

BANKERS

Unity Trust Bank

Four Brindley Place

Birmingham

B1 2JB

KEY MANAGEMENT PERSONNEL

K Ashworth (Chief Executive Officer)

A Burghraef (Clinical Director)

In my second year as Chair, I continue to feel incredibly proud to be part of Solace. What stands out to me most is the commitment, compassion and expertise across the organisation, and the way everyone remains focused on doing the very best for refugees and people seeking asylum.

This continues to be a very difficult time for many of the people we support. Refugees and people seeking asylum are often living with the impact of persecution, conflict, loss and displacement, while also facing uncertainty and increasing hostility here in the UK. We know the effect this can have on mental health and wellbeing, and the need for Solace's work remains as important as ever.

Over the last year Solace supported 1,416 people. 843 people accessed therapy and we offered more than 8,200 appointments. Alongside this 117 people took part in therapeutic and wellbeing groups.

I am proud of the wider impact of our training and e-learning work. This year our national e-learning has been refreshed and relaunched alongside NHS England and Home Office colleagues, helping Solace's expertise reach far beyond the people we are able to support directly. To date we estimate that 3000 people have undertaken the training. For me, the real value of this is the difference it makes to the way refugees and people seeking asylum are understood and supported across wider services. By helping healthcare staff, Home Office colleagues and others working with this population to better understand trauma, displacement and the impact these experiences can have, we can support more compassionate, informed and trauma-informed practice. This is an important part of Solace's wider contribution and means our impact reaches much further than the number of people we see directly.

One of the most powerful moments for me this year was hearing one of our clients speak so openly and movingly about her experience of Solace and the difference that specialist therapeutic support had made to her mental health and recovery. Hearing her describe the hope she had regained brought home, far more powerfully than any set of figures could, the impact that the right mental health support can have on someone's life.

We were delighted this year to be selected as a Weston Charity Award winner from more than 150 applicants. As well as grant funding, this gave us the opportunity to work with Pilotlight and draw on additional expertise to help us think carefully about our strategy, governance and long-term sustainability.

Alongside support from the CAF Foundation, this has enabled us to spend real time considering our future direction, our impact and how we continue to build on the strengths of Solace. Our plans keep specialist therapeutic support firmly at the heart of what we do, while also strengthening training as a strategic part of our work, maintaining our specialist regional presence and increasing the contribution we can make to wider system change.

This work comes at an important moment as Solace looks forward to celebrating 20 years of service in June 2026. It also a year in which we will say goodbye to our Clinical Director, Anne Burghraef who has been part of Solace since it started. She has made an enormous contribution to the organisation and her clinical expertise, values and absolute commitment to people seeking sanctuary have helped shape both the services Solace provides and the way we work.

None of what Solace achieves would be possible without the people behind it. I want to thank our staff and volunteers for the care, skill and commitment they bring every day, my fellow trustees for the time and expertise they give so generously, Anne for everything she has given to Solace over so many years, Kathryn Ashworth, our CEO, and the wider leadership team for their continued leadership and commitment.

I also want to thank our funders whose support enables Solace to continue this vital work, and most importantly the people who use our services and those with lived experience who continue to help shape and improve what we do.

As Solace moves into its next chapter, we do so with a real sense of pride in what has been achieved over the last 20 years, a clear understanding of what we want to protect and develop, and a recognition of how much there is still to do. I look forward to continuing to support Solace as we take that work forward.

Elaine Goodwin

Chair of the Board of Trustees

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2026. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The main objective of Solace is to alleviate the distress and suffering of refugees, asylum seekers and other displaced people within the Yorkshire and Humber region.

Refugees and people seeking asylum arrive in the United Kingdom each with their own background, experiences, skills and individual talents. There is perhaps no more diverse group of people than those seeking sanctuary. They have however all had the shared experience of persecution, conflict, family separation and forced displacement. The impact of this, along with the increasingly hostile atmosphere most encounter in the UK, means that the people Solace support suffer with very high levels of stress and anxiety, and struggle with PTSD, depression, pain and other diagnosed mental and physical health needs.

Solace exists to address these difficulties through specialist therapeutic support. Our approach recognises that emotional recovery depends not only upon effective therapy but also upon safety, belonging, social connection and access to appropriate support so we work very closely with other refugee sector organisations to provide joined up support that addresses the wider needs of our clients.

Significant activities

To achieve our charitable objectives, Solace provides:

- Talking therapies for adults, children and families

- Pain management therapy

- Therapeutic and wellbeing groups

- Training and consultancy for professionals and organisations to improve access and effectiveness of services for refugees

- Multilingual self-help resources and videos so people can access support wherever they are

- Reflective practice and specialist support for organisations working with refugees and asylum seekers in recognition of the pressures of delivering this work.

Strategic Aims

Our work is guided by two strategic aims:

1. To deliver direct therapeutic services and support to people fleeing persecution.

2. To improve services and systems so refugees and people seeking asylum are better able to access effective support and flourish within their communities.

Public benefit

The Trustees have considered the Charity Commission guidance on public benefit when planning the activities of the charity.

The services provided by Solace directly benefit refugees, people seeking asylum and displaced people who struggle with wellbeing and health needs, often don't speak English well, and are navigating huge uncertainty in an unfamiliar country without the normal support systems around them. Our training, consultancy and system-improvement activities also provide wider public benefit by improving the ability of other organisations to respond effectively to the needs of refugees and asylum seekers.

The Context in 2025-26

The environment experienced by refugees continues to be extremely challenging. Protests continue outside people's homes, with physical attacks being reported every week. Some politicians and media continue to use inflammatory language which stokes division rather than engaging in dialogue which promotes trust and dispels myths.

People at Solace tell us that they have felt afraid to leave their homes, some have tried to take their own lives and we know many more have considered it. In this context Solace strives to be a place of welcome and safety where refugees feel they belong. Our support enables people to begin to make sense of what has happened to them, and to manage the ongoing trauma they face as they rebuild their lives.

Group Work in 2025-26

Alongside individual therapy, therapeutic groups remain a vital part of our approach, providing opportunities for peer support, reducing isolation and building meaningful relationships with others.

During the year we delivered 196 group sessions across 13 different therapeutic and wellbeing groups. 117 individuals attended throughout the year.

Groups included:

- Stress Management Groups

- Farsi Speaking Men's Peer Support

- Women's Wellbeing Group

- Drama Therapy

- Music Therapy

- Youth Group

- Yoga and creative wellbeing activities

Feedback is consistently positive with participants often saying how the group sessions help them "keep their head above water", "gives me a reason to keep going" and provides hope amidst the difficulties they face.

Training and Consultancy

Our training and consultancy work continues to grow and forms an increasingly important part of how we achieve our charitable objectives.

During 2025-26:

- 191 people attended our specialist training programmes.

- 795 people registered for our e-learning courses.

- 23 reflective practice sessions were delivered to partner organisations.

- Our online resources were viewed 11,984 times.

Solace sees this work as essential in finding sustainable and practical ways to reduce the distress experienced by refugees and people seeking asylum. We worked with our second cohort of Refugee Mental Health Champions, providing them with the support they needed to be a resource for their colleagues, and also to influence change within their own mental health settings. The impact of this is currently being evaluated but we have already seen how asylum seekers in these services are benefitting from this improved knowledge and understanding.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Demand for support remains extremely high and we have refined our referral pathways in order to try and manage demand as effectively as possible.

During 2025-26 Solace:

We supported 1416 individuals

843 people attended therapy and we offered over 8,200 appointments.

117 people attended a group session

191 people attended a training session and 795 people signed up to our e-learning courses

Views of our YouTube videos increased to almost 12,000

We use Core10 as our objective outcome tool and on average scores reduced by 28% from "severe distress" to "moderate distress". Given the complexity of the presentations it is notable that our therapy provision is so impactful.

We use a range of other methods to evaluate whether what we do is effective and is having the impact we intend, including:

- Client snapshot surveys

- Routine feedback collection

- Case studies

- Therapist reflections

- Monitoring of data such as waiting times, length of therapy, etc

Client feedback remains one of the most important sources of learning for the organisation.

In the responses to our annual client survey.

- 56% of respondents rated Solace 10 out of 10 overall.

- 85% rated our impact at 7 out of 10 or above.

Comments received this year included:

"SOLACE was the only my Life Saver and I am proud to say with Respect, because of SOLACE, I'm living up to today."

"My mental health has improved and that is the truth."

"My psychotherapist has been an amazing intervention and asset to my journey throughout healing and recovery."

"Different therapies like stress management, music, yoga, craft and drama, really helpful."

"Without you I wouldn't be able to talk about these feelings."

This is reflective of the overwhelmingly positive feedback we received, providing reassurance regarding both the quality and impact of our services.

The most common request for improvement related to access to longer-term support. Many clients expressed a wish for additional therapy sessions, reflecting both the complexity of their recovery and the challenges of maintaining capacity in a resource-constrained environment.

We will continue to seek funding opportunities that allow us to provide support over timeframes that are clinically appropriate.

Plans for future periods

During 2025-26 Solace undertook a significant programme of strategic planning supported by Pilotlight and the CAF Foundation.

This work included reviewing our governance, impact framework, organisational capacity and future strategic direction.

Trustees agreed a clear three-year direction for the charity centred around:

- Growth in direct therapeutic support.

- Development of training as a strategic pillar.

- Maintaining a regional specialist presence.

- Increasing our contribution to system change and influence.

Therapy remains the foundation of Solace's work and will continue to be our primary focus.

FINANCIAL REVIEW

Financial position

Income and expenditure increased in line with organisational activity during the year. Salaries remain the charity's most significant area of expenditure with over 80% of our total expenditure spent on our team delivering our services.

The Trustees are grateful to all funders whose support makes this work possible.

We are pleased to note that our unrestricted reserves have increased this year. We renewed our 5 year lease in February 2026 which brings considerable financial risk so following a reduction in reserves in previous years it is reassuring to know that the risk is mitigated somewhat. Last year we recorded a deficit of over £60,000 so the increase in reserves is offset by this in reality. We are also predicting a small deficit in the year to March 2027.

Reserves policy

The Trustees reviewed the reserves policy to ensure it reflected the actual risks facing the organisation and the resources required to manage unforeseen events.

The policy aims to ensure sufficient unrestricted reserves to:

- Manage temporary variations in cash flow.

- Respond to changes in funding.

- Meet redundancy obligations if required.

- Enable an orderly wind-down of the charity should that ever become necessary.

Our principal financial risk is short term and insecure funding streams. Our biggest item of expenditure is the salaries of our experienced staff team who are vital to our ability to fulfil our contract and grant requirements. Having a flexible and experienced team mitigates the risk of short term funding.

Almost all our expenditure is tied to service delivery. The only significant item of expenditure which is fixed and not directly related to the amount of work we do is our premises in Leeds (lease for 5 years renewed in February 2026 with a 2.5 year break clause). As at April 2026 there are 28 months remaining until the possible break point, with a total cost of £119,588. The risk to the lease costs in the year to March 2027 is considered low given we forecast only a small deficit position, therefore the amount we aim to hold in free reserves is the balance of the lease obligation as at April 2027 (16 months at a cost of £68,336).

Most of our income is also in the form of restricted funds or contract delivery, tied to specific outputs and outcomes with expenditure directly linked to it. Therefore if a funding stream ends expenditure can be accordingly reduced if necessary.

The Trustees are confident that the risk of all funding streams ending at the same time or without notice is very low. We therefore feel we have time to make changes necessary to remain financially viable or wind up in a planned manner if we have reserves in place. The Trustees therefore consider that we should have sufficient funds in reserve to enable us to pay staff for at least 3 months, pay necessary redundancy and end lease obligations.

As redundancy costs would not all be paid at the same time but would be part of a gradual closure of specific projects whilst others continued, the trustees feel it is not necessary to hold the full amount of redundancy costs in reserve at all times; instead they feel it is prudent to hold half the full amount in reserves (£65,000).

Our monthly salary cost at April 2025 is approximately £91,000. Therefore 3 months salary costs amount to £273,000.

We therefore aim to hold £406,336 in free reserves.

Our current unrestricted reserves are £315,758 so our aim is to increase this in a responsible manner over the next two years.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a company, limited by guarantee, as defined by the Companies Act 2006. The company was formed on the 14th April 2003 and registered as a charity on 23rd June 2004.

Solace's objects read:

"The objects of the Company shall be to alleviate the sickness, distress and suffering of refugees, asylum seekers and other displaced persons in the United Kingdom and particularly in the Yorkshire and Humber region ("the area of benefit"), in particular those suffering from mental health problems or emotional difficulties, by providing a range of services including but not limited to therapeutic interventions, advocacy, training and opportunities for social support with the object of improving the life of said persons."

Recruitment and appointment of new trustees

Solace advertises for trustees in a variety of ways, including information on its website, word of mouth and through Solace's Anti-discrimination & Inclusion sub-committee. There is an application form for potential trustees. When someone shows interest in becoming a trustee, they meet with two current trustees to discuss what is involved in more detail and the current trustees then bring the application to the Board. The Board of Trustees takes into account the need for a range of skills and experience to be represented to ensure effective management and the desirability of achieving diversity within the membership, particularly with regard to individual experiences, gained either through personal life experience, or through professional work background. The Trustees also reflect on the balance of gender, ethnicity and age.

The degree of training and support given to new trustees is dependent on a number of factors; for instance, how well they know Solace, how well they already understand the roles and responsibilities of a trustee, how much they know about the problems facing refugees and asylum seekers, and so on.

Constitutional provisions regarding trustees

Solace's Articles of Association require the automatic retirement of officers and longer-serving trustees at the AGM. Those so retired can be asked to continue serving. However, all trustees are required to resign after 6 years in post. They can rejoin the Board if they are asked and at least 12 months have passed.

Decision making

The Board meets at least quarterly, either in person or on zoom. This makes it easier for people who live at some distance from Leeds and those with other commitments to attend. Papers (including the minutes of sub-committees) are circulated in advance and minutes circulated afterwards.

There are three sub-committees that report to the Board; the Management committee, the Clinical committee and the Anti-discrimination & Inclusion committee. Trustees usually attend at least one of these. Both the Clinical and Anti-discrimination & Inclusion committees have knowledgeable non-trustee members to help the Board understand issues and make better decisions.

The Board of Trustees signs off all formal Solace policies, makes decisions about acceptable levels of risk, and formally agrees significant new initiatives. Certain bank transactions must be authorised by a Trustee and expenditure over £7,000 must be approved by the Board. Day to day activities are delegated to staff.

A trustee is usually involved in the appointment of senior staff but not with the appointment of the majority of staff. Staff salaries are tied to external salary scales

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Solace Surviving Exile and Persecution for the purposes of company law) are responsible for preparing the Annual Report and the 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. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-	select suitable 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;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

-	there is no relevant audit information of which the charitable company's auditors are unaware; and

-	the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, Thomas Coombs Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 23rd September 2026 and signed on its behalf by:

E Goodwin - Trustee

Opinion

We have audited the financial statements of Solace Surviving Exile and Persecution (the 'charitable company') for the year ended 31st March 2026 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the charitable company's affairs as at 31st March 2026 and of its incoming resources and application of resources, including its income and expenditure, 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.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical 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 relating to going 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 statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company'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 responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

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.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine 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 fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where 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 not been received from branches not visited by us; or

-	the financial statements 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 trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) 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 control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to 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.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements 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 statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our knowledge of the business and sector, enquiries of directors and management, and review of regulatory information and correspondence. We communicated identified laws and regulations throughout the audit team and remained alert to any indication of non-compliance through the audit.

We discussed with directors and management the policies and procedures in place to ensure compliance with laws and regulations and otherwise prevent, deter and detect fraud.

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations identified as potentially having a material effect on the financial statements. Our procedures included review of financial statement information and testing of that information, enquiries of management and examination of documents, analytical procedures to identify unusual or unexpected relationships that may indicate fraud, and procedures to address the risk of fraud through director or management override of controls.

At the completion stage of the audit, the engagement partner's review included ensuring the audit team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

The primary responsibility for the prevention and detection of fraud rests with those charged with governance and management, and we cannot be expected to detect non-compliance with all laws and regulations. There are inherent limitations in the audit procedures described above and the further removed non-compliance of laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. In addition, the risk of not detecting a material misstatement relating to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Christopher Darwin FCA (Senior Statutory Auditor)

for and on behalf of Thomas Coombs Limited

Statutory Auditor

Chartered Accountants

4225 Park Approach

Thorpe Park

Leeds

West Yorkshire

LS15 8GB

23rd September 2026

2026

2025

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donation, grants and legacies

3

530,886

888,332

1,419,218

1,178,007

Investment income

4

4,616

-

4,616

924

Total

535,502

888,332

1,423,834

1,178,931

EXPENDITURE ON

Charitable activities

5

General activities

466,096

848,183

1,314,279

1,242,127

NET INCOME/(EXPENDITURE)

69,406

40,149

109,555

(63,196

)

Transfers between funds

17

9,838

(9,838

)

-

-

Net movement in funds

79,244

30,311

109,555

(63,196

)

RECONCILIATION OF FUNDS

Total funds brought forward

236,514

8,783

245,297

308,493

TOTAL FUNDS CARRIED FORWARD

315,758

39,094

354,852

245,297

2026

2025

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

12

-

-

-

-

CURRENT ASSETS

Debtors

13

108,437

8,559

116,996

128,698

Cash at bank and in hand

229,973

54,065

284,038

273,773

338,410

62,624

401,034

402,471

CREDITORS

Amounts falling due within one year

14

(17,652

)

(23,530

)

(41,182

)

(152,174

)

NET CURRENT ASSETS

320,758

39,094

359,852

250,297

TOTAL ASSETS LESS CURRENT LIABILITIES

320,758

39,094

359,852

250,297

PROVISIONS FOR LIABILITIES

16

(5,000

)

-

(5,000

)

(5,000

)

NET ASSETS

315,758

39,094

354,852

245,297

FUNDS

17

Unrestricted funds

315,758

236,514

Restricted funds

39,094

8,783

TOTAL FUNDS

354,852

245,297

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 23rd September 2026 and were signed on its behalf by:

E Goodwin - Trustee

Cash flows from operating activities

Cash generated from operations

1

10,265

(140,944

)

Net cash provided by/(used in) operating activities

10,265

(140,944

)

Change in cash and cash equivalents in the reporting period

10,265

(140,944

)

Cash and cash equivalents at the beginning of the reporting period

273,773

414,717

Cash and cash equivalents at the end of the reporting period

284,038

273,773

1.	RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

2026

2025

£

£

Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities)

109,555

(63,196

)

Adjustments for:

Decrease/(increase) in debtors

11,702

(93,959

)

(Decrease)/increase in creditors

(110,992

)

16,211

Net cash provided by/(used in) operations

10,265

(140,944

)

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/25

Cash flow

At 31/3/26

£

£

£

Net cash

Cash at bank and in hand

273,773

10,265

284,038

273,773

10,265

284,038

Total

273,773

10,265

284,038

1.	GENERAL INFORMATION

Solace Surviving Exile and Persecution is a charitable company limited by guarantee, incorporated in England and Wales. The registered office is Manor House, Manor Street, Leeds, LS7 1PZ.

The members of the charitable company are the Trustees named on page 1. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charitable company.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1st January 2019)'. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the charities accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Going concern

Subsequent to the year end, the charity has secured new contracts and anticipates achieving a breakeven position in the year to March 2027. The trustees consider that there are no material uncertainties about the Charity's ability to continue for a period of not less than 12 months from the date of the approval of the financial statements and accordingly the financial statements have been prepared on the going concern basis.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Costs includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided to write off the cost less the estimated residual of tangible fixed assets by equal instalments over their estimated useful economic lives as follows:

Fixtures and fittings

- 100% straight line

Computer equipment

- 100% straight line

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds 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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The Charity pays defined contributions into the pension schemes of employees. These amounts are charged to the Statement of Financial Activities as they become payable and in accordance with their functional classification.

Financial instruments

The charity only enters into transactions in 'basic' financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company's balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported 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.

Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation, Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

3.	DONATION, GRANTS AND LEGACIES

2026

2025

£

£

Donations

37,204

10,662

Grants

940,031

812,886

Charges for services

441,983

354,459

1,419,218

1,178,007

Grants received, included in the above, are as follows:

2026

2025

£

£

AB Charitable Trust

30,000

30,000

Reducing Inequalities Advice Service Bradford

34,163

37,294

Syrian Development Project

15,556

21,963

Child & Family Wellbeing Service

419,399

401,036

Spring Project

73,889

58,172

Henry Smith projects

-

38,700

National Lottery Community Fund, Lifeline Leeds

48,359

43,401

Urban House Maternity Project

-

2,465

Refugee Therapy Project Wakefield

-

12,500

St Augustine's Centre MHA Project

25,474

17,744

Leeds Asylum Support Grant

1,179

38,094

Resource Development

3,734

10,419

Bradford Wellbeing Hubs

-

23,738

Early Help Project

61,963

38,500

Leeds Suicide Prevention Fund, Farsi Group

6,469

7,333

BBC Children in Need

39,405

12,527

Ptarmigan Trust

1,500

-

Other Grants

-

19,000

Pathfinder

64,941

-

Charities Aid Foundation Resilience Fund

35,000

-

Regional Asylum Seeker Project

70,000

-

Weston Charity Awards

6,500

-

Tilehoust Trust

500

-

Souter Charitable Trust

2,000

-

940,031

812,886

The nature of grants received is more fully explained at note 17.

4.	INVESTMENT INCOME

2026

2025

£

£

Deposit account interest

4,616

924

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 7)

Totals

£

£

£

General activities

1,302,099

12,180

1,314,279

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2026

2025

£

£

Staff costs

1,065,655

995,040

Rent, rates, service charge, & utilities

58,883

59,470

Insurance

3,335

3,112

Telephone

4,761

4,902

Postage and stationery

2,547

3,159

Sundries

6,817

2,657

Interpreters

108,834

101,463

Client and staff expenses

24,704

25,267

External Supervision

5,820

6,745

Bank Charges

300

311

Training

3,902

3,645

IT support

10,100

9,107

Professional fees

6,441

16,749

1,302,099

1,231,627

7.	SUPPORT COSTS

Governance

costs

£

General activities

12,180

Support costs, included in the above, are as follows:

2026

2025

General

Total

activities

activities

£

£

Auditors' remuneration

12,180

10,500

8.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2026

2025

£

£

Auditors' remuneration

12,180

10,500