SOLACE WOMEN'S AID
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £196k for the year, bringing total fund balances to £2.2m. However, the trustees report that the current unrestricted free reserves of £1.2m are below the satisfactory reserve level of £1.6m and the desired target of £2.3m. The charity notes that uncertainty around funding, particularly from public services, creates continuing challenges for the future.
What the accounts disclose
“The current unrestricted free reserves of £1.2m (unrestricted reserves less those related to tangible fixed assets and designations) are below the satisfactory reserve level.” — page 34
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2023) to "below" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (12/04/2013)
Trustees
- Abigail Ampofo
- Alison Ruth McKinlay
- Emily Florence Hutchings
- Hannah Clare Cane
- Jo Michaella Tity Jengo
- Katherine May Couper
- Kerri Hartwell
- Madeline Church
- Meghan Roach
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £15.8m | £15.6m |
| 31/03/2024 | £14.4m | £14.4m |
| 31/03/2023 | £15.2m | £15.3m |
| 31/03/2022 | £16.4m | £16.9m |
| 31/03/2021 | £16.3m | £15.6m |
Common questions
Is SOLACE WOMEN'S AID financially healthy?
The accounts state that the charity generated a surplus of £196k for the year, bringing total fund balances to £2.2m. However, the trustees report that the current unrestricted free reserves of £1.2m are below the satisfactory reserve level of £1.6m and the desired target of £2.3m. The charity notes that uncertainty around funding, particularly from public services, creates continuing challenges for the future. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Who funds SOLACE WOMEN'S AID?
Funders whose own accounts filings name SOLACE WOMEN'S AID as a grant recipient include CHARITY OF RICHARD CLOUDESLEY, CRIPPLEGATE FOUNDATION, ROSA FUND, MRS WINGFIELD'S CHARITABLE TRUST, THE FIREBIRD FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CHARITY OF RICHARD CLOUDESLEY | FY2022 | £90k |
| CRIPPLEGATE FOUNDATION | FY2022 | £55k |
| CHARITY OF RICHARD CLOUDESLEY | FY2025 | £10k |
| CHARITY OF RICHARD CLOUDESLEY | FY2024 | £10k |
| CHARITY OF RICHARD CLOUDESLEY | FY2022 | £10k |
| CHARITY OF RICHARD CLOUDESLEY | FY2025 | £9k |
| CHARITY OF RICHARD CLOUDESLEY | FY2025 | £9k |
| CHARITY OF RICHARD CLOUDESLEY | FY2024 | £9k |
| ROSA FUND | FY2024 | £7k |
| CHARITY OF RICHARD CLOUDESLEY | FY2022 | £5k |
| MRS WINGFIELD'S CHARITABLE TRUST | FY2023 | £1k |
| THE FIREBIRD FOUNDATION | FY2024 | £150 |
| MRS WINGFIELD'S CHARITABLE TRUST | FY2025 | £100 |
| THE OLWYN FOUNDATION | FY2022 | £0 |
| THE WOGEN ANNIVERSARY TRUST | FY2023 | £0 |
| THE OLWYN FOUNDATION | FY2023 | £0 |
| CHARITY OF RICHARD CLOUDESLEY | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SMALLWOOD TRUST | 2 | £236k |
| THE KENSINGTON AND CHELSEA FOUNDATION | 1 | £69k |
| Impact London Collective | 1 | £50k |
| THE EVAN CORNISH FOUNDATION | 1 | £15k |
| THE BUZZACOTT STUART DEFRIES MEMORIAL FUND | 1 | £5k |
| ANOTHER WAY WOMEN'S FOUNDATION | 1 | £4k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £2k |
| PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF KNOWLE, SOLIHULL | 1 | £2k |