SOAR COMMUNITY

• ◆

  7 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. SOAR COMMUNITY 2012-12-10 → present
2. SOUTHEY AND OWLERTON AREA REGENERATION 2004-03-02 → 2012-12-10

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Hawsons Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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.”

Group structure

1. SOAR COMMUNITY · parent
   1. SOAR Enterprises Limited 100% · England and Wales · Operates the SOAR Works Enterprise Centre, designed to help businesses trade, interact, network and access support; offers office space, industrial units, and artist studios, and provides support services.
   2. SOAR Build Limited 50% · England · Operate as a social enterprise company, training local people in construction skills whilst working for major contractors as a sub-contractor and directly for Registered Social Landlords. (Currently in process of being voluntarily and solvently wound up).

Significant events

• “Building work started in February 2024 and reached practical completion in January 2025 for the multi-functional youth centre funded by Youth Investment Fund.”
• “In 2024-25, SOAR worked with 30+ groups and organisations to provide capacity building support and helped constitute 8 newly established groups through the Polaris Project.”
• “In 2024-25, SOAR worked with 25+ groups and organisations to provide dedicated capacity building support and helped constitute 1 group through the Building Thriving Communities Programme.”
• “The charity received a capital grant from Youth Investment Fund of £1,353,236 during the year.”
• “SOAR Build Limited is in the process of being voluntarily and solvently wound up.”
• “SOAR Works Enterprise Centre is currently 98% let with a waiting list for potential tenants; a Fair Pricing Policy was developed to set tenant rent increases.”
• “The organisation achieved menopause friendly employer accreditation and was reaccredited by Investors in People and Matrix.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

7

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +45.9%

  £2,362,739 → £3,446,096

• Cash

  +17.6%

  £985,828 → £1,158,977

• Net assets

  +32.1%

  £3,557,621 → £4,698,628

• Employees

  0%

  42 → 42

• Operating profit

  +210.8%

  £369,062 → £1,147,078

• Wages

  +5.9%

  £879,531 → £931,835

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers