THE SOLE 2 SOUL FOUNDATION
Latest income
£237k
Latest spending
£159k
Registered
2006
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £2,028,588, a decrease from £2,100,751 in the prior year, following a net movement in funds of (£72,163). The charity holds significant investment property valued at £1,650,000 and has creditors due after more than one year totaling £632,476, primarily a loan from a trustee.
What the accounts disclose
Related-party transaction: 19. Related party transactions
“Included in other creditors is £632,476 (2023: £582,476) loaned by J C P Smith a Trustee. The loan was to enable the charity to purchase the freehold and investment property.” — page 18
“During the year £85,120 (2023: £125,120) was paid to Ministries Without Borders International, a charity in which J C P Smith is a Trustee.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 19. Related party transactions
“Included in other creditors is £632,476 (2023: £582,476) loaned by J C P Smith a Trustee. The loan was to enable the charity to purchase the freehold and investment property.” — page 18
“During the year £85,120 (2023: £125,120) was paid to Ministries Without Borders International, a charity in which J C P Smith is a Trustee.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 19. Related party transactions
“Included in other creditors is £632,476 (2023: £582,476) loaned by J C P Smith a Trustee. The loan was to enable the charity to purchase the freehold and investment property.” — page 18
“During the year £85,120 (2023: £125,120) was paid to Ministries Without Borders International, a charity in which J C P Smith is a Trustee.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- CHARLES SMITHchair
- SIAN SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £237k | £159k |
| 05/04/2025 | £210k | £183k |
| 05/04/2024 | £165k | £238k |
| 05/04/2023 | £129k | £266k |
| 05/04/2022 | £335k | £100k |
Common questions
Is THE SOLE 2 SOUL FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £2,028,588, a decrease from £2,100,751 in the prior year, following a net movement in funds of (£72,163). The charity holds significant investment property valued at £1,650,000 and has creditors due after more than one year totaling £632,476, primarily a loan from a trustee. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SOLIDARITY PROJECTS LTD | 1 | £32k |