Our finances

Annual Report 2019

Our financial year runs to the 31st March. The latest accounts available are for the year to 31st March 2019. You can download the full report here.

Financial highlights (with previous year’s figures in brackets)

Income: £1,931,631 (£1,479,874)
Expenditure: £1,902,316 (£1,357,917)

Where did the money come from?

Voluntary donations: £110,172
Investment income: £2,592
Charitable activities: £1,769,317 (fees for services provided)
Other: £49,550
Total: £1,931,631

What did we spend it on?

Income generation and governance: £27,311
Charitable spending: £1,875,005 (primarily staff costs)
Total: £1,902,316
Retained for future use £29,315

Report of our Chair, Jan Prior

Through a year of change and constants it’s good to report that SoLO has continued to grow and flourish as it supports its members, offering more and more opportunities. With growth in its Personal Assistant, Overnight Breaks and now an established Supported Living, with two houses and a third house on-stream, SoLO is creating more independence for our members.

One significant change is in leadership with Janet Down retiring as CEO of SoLO after 18 years of successfully establishing a strong organisation. Karon Swinburn took over the reins in February 2019 and brings with her much experience of Learning Disabilities, Sport and other Care environments. Karon, the Board and the whole team see more exciting opportunities for development to ensure that SoLO continues to empower and embrace its members to have a good range and quality of options for their daily lives.

What has remained constant during this transitional time for SoLO is ongoing passion from its volunteers and staff to maintain its much-valued children’s activities, daytime and evening activities for young people and adults. We continue to strive to provide more for less and serve our members well and I thank everyone within SoLO for their continuing support to achieve this.

Fundraising Partners and Heroes

We are delighted to be involved with, and enjoy the support of, all of these organisations and more.