Support For Ordinary Living
The Company’s principal objectives, as described in its Memorandum and Articles of Association, are “to promote the welfare of people in need of support to live at home, and in furtherance thereof, but not otherwise, to provide support, assistance and services for such people aimed at equality of treatment and opportunity with other people within the community including without prejudice to the foregoing generality by, assistance in planning, arranging and co-ordinating support and selecting and employing support staff; designing and providing support services including assistance with personal care, daily living and social activities; assisting in obtaining housing and related services, education, training and employment and specialised support such as counselling or appropriate health care”. We work across North and South Lanarkshire, Glasgow and East Renfrewshire Health and Social Care Partnerships to take forward their agenda of Personalisation and self-directed support, which seeks to shift the balance of power and control from organisations and professionals and build on the capacity of individuals to take greater control over their own lives and their individual budgets. SOL is fully committed to the principles of Self-Directed Support and Personalization, offering people just the right amount of support to live a life of their choosing that promotes their gifts and capacities in achieving their full life potential. To ensure full choice and control for the people we work for, SOL continues to develop an Outcome Based Support Plan for each person we work for. This ensures that we capture important information about people and support them to achieve what is important for and to them, in achieving a good life. SOL Connect, SOL’s technology enabled care service, continues to grow and to present the people we work for the opportunity to use their individual budget creatively by offering an alternative to paid support that promotes creativity, independence and best value at a level that suits every individual. SOL is a major employer across Lanarkshire, with a highly trained and well-motivated workforce that has built up considerable knowledge, experience, and skills over many areas, as the organisation has grown.
Revenue
£7.8m
▲ +6.4% vs prior ~12m period
Profit after tax
£353k
Margin 4.5%
Employees
234
▼ -2.9% vs prior ~12m period
Net assets
£1.4m
Total assets £2.2m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2024 | £7.8m | ▲ +6.4% | £353k | 234 | £1.4m |
| 31 Mar 2023 | £7.3m | ▲ +4.1% | £195k | 241 | £1.0m |
| 31 Mar 2022 | £7.0m | — | £55k | 257 | £836k |
Latest available figures
Period ending 31 Mar 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £7.8m
- Gross profit
- £353k
- Operating profit
- £353k
- Profit before tax
- £353k
- Profit after tax
- £353k
Balance sheet
- Total assets
- £2.2m
- Cash
- £794k
- Total liabilities
- £856k
- Net assets
- £1.4m
- Revenue per employee
- £33k
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