Charity registratlon number 1154872
Company reglstratlon number 08508569 (Engtand and Wales)
SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Sr K O'Flynn
Rev J G Greene
Ms C Roche
Mr L K Sebastian
Charlty number
1154872
Company number
08508569
Reglstered office
Suite 501
The Nexus Building
Broadway
Letchworth Gar(len Cty
Herts
SG6 gBL
Ind8p8ndent oxamlnor
TC Group
Suite 501
The Nexus Building
Broadway
Letchworth Garden City
Herts
SG6 9BL

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page
Trustees report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to th6 financial statements
6-12

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees p￿ent thelr annual report and financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the acwunting policies set out in note 1 to the
financial ststements and comply with the charity's governing document, the Companies Act 2006 and
°Accounting and Reporting by Charities: Ststement of Recommended Practice applicable lo charities preparing
their accounts in accordance with th8 Finanaal Reporting Standard appliixble in the UK and Republic of Ireland
(FRS 102)" (as amended for accounting periods commencing from 1 January 2016)
Objectives and activities
The charity is established for the public benefit to advance education and preserve and protect good health in
South Sudan by:
- supporting the creation of seif-sufficient education. healthcare, agriculhjral and other infrastructure projects
the pn)wsion of training. instnjction or pastoral care to those who are poor in order to develop th@Ir physlcol.
mental, emotional and spiritual capacities
providing or asslstlng in the proviston or education and healthcare of any child or person in keeping wlth the
precepts of the Christian faith and Christian ideals
providing assislance for the training of teachers, parents, youth leaders or other p8rsons engaged. or to b8
engaged. in the provision of education, leadership or instruction of individuals
provlding wh8r8 needed, assistance for thé furtherance or development of education and healthcare including
youth leadership, religious and moral d8V8lopm8nt esp8cially tha young and socially and economically
disadvantaged
providing any further assistan¢e as the trustees may from time to time think fit for the provision of educational
and healthcare facilltles
to ci)operate with other charitable organisations whether local, national or intemational for any of the foregoing.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
harity should undertake.
Achievements and perforn)ance
Financial review
During the year the charity had incomlng resources of £111,448 (2023.. £102,203) and OLrtgoing resources of
£78,690 (2023.. £273,521).
Investmant assets gains amounted to £422,309 (2023: £422,607), which comprisad of £3,365 in Elation to net
gains on disposals of investments assets (2023: £3,714 net gains on disposals) and £418,944 that refers to a net
increase (2023: £418.893 net increase) in market value of investrnents assets.
Accumulated unrestricted funds carried forward amount to £4,409,602 (2023". £3.954,535) and a￿umulated
restricted funds catTied forward amount to £nil (2023.. £nil).
The trustees have no concems about the company wntinuing to operate as a going concern and wnsider it will
be able to meet its liabilities as they fall due.
The charity has an investment portfolio managed by Quilter Cheviot on their behaw. The intention is to hold the
porttolio for at least five years with the income generated being available to meet the core objectives of the
charity.
The trustees have assessed the major Ylsks to which the company Is exwsed, In particular those related to the
operations and finances of the company. and are satisfied that systems and procedures are in place to mitigate
exposure to the major risks. The tnjstees have also paid attention to the ongoing consequences of the political
instability in South Sudan and retain all funds in the UK until the time of need and Ihen only for specific projects.
The charity's main investments ar8 held in ord8r to help transition th8 manag9m8nt of activities to local South
Sudanese management. Unrest in recent years has signrficanlly delayed this process and trustees are
considering what other interim uses could be made of these investments.

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Strueture, governanee and manag•rnnt
The chaTity is reglstered as a charitable company limFted by guarantee and was set up on 29 April 2013 and
regISte￿d as a chaiity wtth the Charity Commission for Ervjland and Wales on 4 December 2013. Its company
nUM￿r is 0&508569 and tts ¢*arity numbar 18 1154872.
Th8 charity Is ￿nstituted under a MemO￿ndum of AsK￿lation dated 24 April 2013 8s a￿￿nded by SrEcial
Resoluiions of 5 November 2013 and 19 Febn￿ry 2015. The liabilty of Ihe members is limited. Every Inember of
the char¢ty undertakes to contribute to the assets of the charity, rf it is wound up whilst helshe is a member or
wlthln onp year after helshe ceases to be a member. such amwnts as be required not exceeding one
FK)und.
The ¢h8rity adheres to the principles of sthdarity and to the charitable purposes of the 'Solidwity wtth Southem
Sudan Pr￿eCr, a collabomlive intsmational P￿ie¢t undertaken by members of the USG {Union of Superiors
General). UISG (Intemational Union of Superfors General). aTKI South Sudan C8th0lic Blshop Conferenc&. The
charity was estsblished to fa(alilate Ihe proiecys administration and in part￿ular Its abilfity to rdise funts
Intemalionally. thrO￿h gTant applic*it)ns and donations, to support the work being undertaken in South Sudan.
The trustees have CC>nsidered the impact of Covi(k19 on charfty and are aware that income and asset values
may tdll in the futsjre. As Ihe charty does not have any wular commitments and 15 prepared to take a long te
vlew of Inveslments. the bustees do not cutsider any Immedlate actions ar6 need8d but will monitor events gnd
act accordlngly.
Tha Injstees. who are also the direclors for the purpose of company law, and who served during the year and up
to the date of *nalure of the finandal statemonts were:
Sr K O'Flynn
Rev J G Greene
Ms C Roch8
Mr L K Sebastlan
The management of the tharlty is the responslbuty of the truste8s who are elected and COpOPted under the temis
of the Memorandum of Association dated 24 Apri12013 as amended ty sp￿lat Resolutions of 5 November 2013
and 19 February 2015. The names of the trustees are set out on the attached schedule of logal and
admin6stralive information as well as above. The Irustees are chosen on the basis of thelr willingn&ss to 8erve,
abl￿, governan￿, experience and support of the ett￿$, mission and philosophy of the <*writy.
Non8 of thè trustses has any beneficial Interest in the charty. All of the trustees are members of the charlty and
guarantse to cc*rtrfbute £1 in the event of a winiling up.
The tnjstees are uFtimately respO￿lbIe for the policies, a¢llvilies and assets of the tharity. The trustees meet on
a regular basis to make decisions on behalf of Ihe thaiity.
The trustees retth was approved by the Board of Trustees.
Sr K OFlynn
TrLthe

SOLIDARrrY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SOLIDARITY PROJECTS LIMITED
I report to the trustees on my examination of the financlal statements of Solidarity Projects Llmlted (the charty)
for the year ended 31 De￿mber 2024.
Responsiblllties and basis of report
As the Irustees of the charity (and also its directors for the purposes of company law) you are responsible for
the preparation of the financial statements in accordan￿ with the requirements of Ihe Companies Act 2006
(the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the
charity's financial statsments carri8d out und8r section 145 of the Charities Act 2011 (the 2011 Act). In carrying
out my examination I have followed all the app￿Cable Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent exarniner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe ihat in any material ￿Spe￿..
accounting records were not kept in respect of the charlty as requlred by s8Ctlon 386 of the 2006 Act. or
the financial staternents do not accord with those records., or
the financial ststements do not comply with the accounting requirements of section 396 of the 2006 Act
oth6r than any requlrement that the accounts glv8 a true and fair vlew which is not a matter considered as
part of an independenl examination- or
the financial statements have not been prepared in accordan￿ with the methods and principles of the
Statement of Recommended Practice for a￿OuntIng and reporting by charities applcable to charities
preparing their a￿oUnts in ac¢ordan¢è with the Financial Rèporting Stsndard 8pplicable in the UK and
Republic of Ireland (FRS 102).
I have no concems and have come across no other matters in connection with the examination to whlch
attention should be drawn in this report in ord6r to enable a proper understsnding of the financial statements to
be reached.
Scott Rouse FCA
TC Group
Suite 501
The Nexus Buitding
Broadway
Letchworth Garden Cty
Herts
SG6 9BL

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted R•strl¢tod
funds
funds
2024
2024
Total
Total
2024
2023
Notes
Income from:
Donations and legacies
Investments
12.850
74,873
23.725
36.575
74,873
21.930
80.273
Total incomo
87.723
23.725
111.448
102,203
nditurè on:
Governance costs
Charitable activities
37.149
16,745
1,060
23,736
38,209
40.481
35.738
237.783
Total expenditure
53,894
24,796
78,690
273.521
Net gainsl{losses) on investments
422.309
422.309
422.607
Net incomingl{outgolng} resources beforo
transfers
456.138
(1.071)
455,067
251.289
Gross transfers be￿een funds
(1,071>
1.071
Net movement In funds
455.067
455,067
251.289
Fund balances at 1 January 2024
3,954,535
3,954,535 3,703.246
Fund balances at 31 December 2024
4,409.602
4,409,602 3,954.535
The statement of financial aclivities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
The statement of financial activities also Complies with the requirements for an income and expendiiure a¢¢ount
under the Companies Act 2006.

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2024
2023
Fixed assets
Inveslments
11
4.(￿3282
3.609,759
Current assets
Debtors
Cash at bank and In hand
12
2.742
356.076
8.601
349.930
358.818
356,531
Credltors: amounts falling due within
one year
13
(12.498)
(11,755)
Net current assets
346,320
344.TT8
Total assets le53 current liabllities
4.409.602
3.954.535
Ineome funds
Unrestrtcted funds
4.409,602
3,954,535
4.409,602
3,954,535
The company 18 entiued to the exemption from the audit requiremenl contsined in ￿tIOn 477 of the CompaniesAct
2006. for the year ended 31 Decettthr 2024.
Th8 directors acknowledge their responsibilities for cJ)mptying wtth the requirements of the Compantes Act 2006
with respect to accountlng records and the preparation of financial statements.
The ff*mtets have not required the company to obtain an audit of tts finawaal statements for the year In questlon
In accordance wtth seciion 476.
These financ￿ ststsments have boen prepared in accordance WFth the proVtsi￿S applirnble to companies subject
to the small companÉes regime.
Thè fknandal ststew*nts were approved by tha Tiustees on .... . ....
Sr K O'Ftynn
Trust6
Company R¢glstratlon No. 08508569

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
Charity Infomiallon
Solidarity Projects Limited is a private company limited by gvarantee incorporated in England and Wales. Tho
registered office is Suite 501, The Nexus Buikling, Broadway. Letchworth Garden City, Herts, SG6 9BL.
1.1 Accounting convention
The financial statemenls have been preparod in accordance with the charity's tgoveming documentl, the
Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. (°FRS 102°} and the Charities SORP "AC￿untIng and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Siandard applcable in the UK and Republic of Ireland (FRS 102). (effective 1 January 20191. The
charity is a Public Benefft Entity as defined by FRS 102.
The charty has tsken advantage of the provisions In the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepar8d in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
Th8 financial statemants have been prepared under the historical ¢ost convention, [modified to include th8
revaluation of freehotd properties and to Include investment prop8rt18s and certaln financial instruments at fair
value]. The principal accounting policies adopted are set out below.
1.2 Charltable funds
Unr8Stricted funds are available for use at the discretion of the trustees in fiJrtheran¢e of Iheir charitable
objectlves.
Restricted funds ar6 subject to SP8cific conditions by donors or granlors as to how they may be used. The
purposes and uses of the restricted fijnds are sat out in the notes to the financlal slatements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charlty,
1.3 Income
Income is recognised when the charity 1$ legally entitled to it after any performance condilions have been met,
the amounts can be measured reliably, and It is probable that income will be receÉved.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notrfied
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations receiv￿ under GIR Aid or deeds of covenant is recognised at the tlme of the donation.
Legacies are rocognised on receipt or othgrwise if the charity has been notified of an impending distiibution.
the amount is known, and receipt Is expected. If the amount is not known, the legacy is treated as a
contingent asset.
Tumover is measured at the fair value of the consideration received or recelvabl8 and rèpresent amounts
receivable for goods and servi¢Ès provided in the normal course of business, not of discounts. VAT and other
sales related taxes.
1A Expenditure
Expenditure is rewgnised once there is a legal or construclive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of
the obligation can be measured reliably.

SOLIDARITY PROJECTS LIMITED
{A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
(Contlnued)
Charitsble activlties are grants payable to charitable institutions and indFviduals.
Governance costs are costs Incurred relating to the governance of the Charity and are not apportioned to
charitable aclivities.
All expendiiure is inclusive of irrecoverable VAT.
1.5 Fixed asset investments
Fixed asset investments are initially measur6d at transaction price exduding transaction costs, and are
subsequentty measured at fair value at each reporting date. Changes in fair value ar8 recognis8d in net
Incomel(expenditure) for the year. Transaction costs are expensed as incurred.
1.6 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call WFth banks, other short-term liquid
Investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowsngs in current liabilities.
1.7 Flnancial instruments
The charity has ele¢tod to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Flnancial Instrum6nts Issues. of FRS 102 to all of its financial instruments.
Flnanclal instruments are recognised in the charity's batance shaèt when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a ￿galty enfor￿able right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise Ihe asset and settle the liabilty simult8neously.
Baslc flnanclal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price inC￿ding transaction costs and are subsequently carried at amortlsed cost uslng the effecttve
interest method unless the arrangement constiiutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are inttialty recognisod at transaction price unless
the anangemenl constitutes a financing transaction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt insts￿rnents are subsequently ￿rrIed at amortised cost, using the eff8clive interest rate method.
Trade credttors are obligations to pay for goods or services that have been acquired in the ordinary cours8 of
operations from Suppliers. Amounts payable are classified as current liabilities rf payment is due within one
year or less. ff not. they ar8 presented as nonthcurrent liabilities. Traije creditors are recognised initially at
transaction price and subsequenfjy measured at amortised cost using the effective interest method.
Derecognthon of flnanclal Ilabllities
Financial liabilities are derecognised wh6n the charity's contractual obligations expire or are discharged or
cancelled.

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
(Contlnued)
1.8 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's seNi¢es are
recEived.
Termination benèfits are reGognised immediately a5 an expense when the charily is demonstrabty committed
to terminate the employment of an employee or to provide tennination benefits.
Critical accounting estimates and judgements
In the application of the charl￿S accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant Actual results may differ from these estimates.
The estimates and undèrlylng assumpiions arg reviewed on an ongolng basls. Revisions to accounting
estimates ar8 rècognised in th8 period in which th8 estimate is r8vised where th8 revision affects onty that
period, or in Ihe period of the revision and future per50ds where the revision affects both current and fvture
periods.
Donatlons and logacl•s
Unrestricted Restrl¢ted
funds
funds
Total
Total
2024
2024
2024
2023
Donations and gifts
12.850
23,725
36.575
21.930
12,850
23.725
36.575
21,930
Invéstmènts
Unrestrlcted Unrestricted
funds
funds
2024
2023
Income from listed inveslments
Interest re￿1vable
65,082
9,791
72,078
8.195
74,873
80.273

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
. Governance costs
Unrestricted Restricted
funds
funds
Total
Total
2024
2024
2024
2023
Bank fees
offi￿ costs
Travel
Legal and professional
Accountancy
Investment management fees Charged dlrectty to
investment account
168
q,538
414
1,968
5,531
254
2,454
1,464
769
207
1.968
5,531
769
207
5,590
28.590
28.590
25,976
37.149
1.060
38,209
35,738
Expendlture on charitable activiti08
2024
2023
Dlrect costs
Grant funding of activities {see not8 7)
40,481
237,783
Analysls by fund
Unrestricted funds
Restricted funds
16.745
23,736
31,858
205,925
40,481
237,783
Grants payable
2024
2023
Grants to institutions:
SolidariLy with South Sudan
Sustain Catholic University
Solldarity with South Sudan (SThC College)
36,745
31,858
3,468
186.023
36,745
221,349
Grants to individuals
3,736
16,434
40,481
237,783

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Total
Net gainsl{lossesl on investments
Unrestricted Unrestricted
funds
funds
2024
2023
Revaluation of investments
Gainl(loss} on sale of investments
418,944
3,365
418,893
3,714
422,309
422,607
10 Taxation
The charlty Is exempt from tax on profits and galns to the extent that these are applled to Its charftable
obj8Ctives. No tax charges have arisen in this period.
11 Flxed asset Invastments
Listed
Inv6stments
Cost or valuation
At 1 January 2024
Additions
Valuation changes
Disposals
3,609,759
284,000
422.309
(252.786)
At 31 December 2024
4.063,282
Carrylng amount
At 31 Decembor 2024
4.063.282
At 31 Dgc8mber 2023
3.609,759
10-

SOLIDARITY PROJECTS LIMITED
{A COMPANY LIMrrED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Debtors
2024
2023
Amounls falling due within one year:
Prepayments and accrued income
2,742
6.601
Prepayments and accrued income relates to amed dividend income from the Charit￿s investment portfollo.
13 Creditors: amounts falling due withln one year
2024
2023
Accruals and deferred Income
12,498
11,755
Included within accruals and deferred Incom8 Is an accrual for the preparation and independent examination
of the charity's financial ststements and an accrual for management charges relating to the ¢harity's
Investment portfollo manag6d by Qullter Cheviot.
14 Restrlcted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specrfic conditions by donors as to how they may be used.
At 1 January
2024
Incoming
resources
Resour¢es
expended
Transfers
At31
December
2024
23.725
(24,796)
1,071
Prevlou$ year:
At l January
2023
Incomlng Resources
rasources
expended
Transfers
At31
December
2023
48,426
3,468
{208,011)
156,117
11

SOLIDARITY PROJECTS LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1S Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and g￿nIorS as to how they may be used. These indude
designaled funds which have been set aside out of unrestricted funds by the tnjstees for specific purposes.
At 1 January
2024
Incoming
resources
Resources
expended
Transfers
Gains and
losses
At31
D•c•mb•r
2024
General funds
3.954.535
87.723
(53.894)
(1,071)
422.309
4,409,602
Previous year: At 1 January
2023
Incoming
resources
Resources
expended
Transfers
Galns and
lossos
At31
Do¢ombor
2023
General fijnds
3,654,820
98,735
(65,510}
(156,117)
422,607
3,954,535
16 Analysls of net assets between funds
Unrestrlcted Restricted
funds
funds
2024
2024
Total Unrestrieted Restricted
funds
funds
2023
2023
Total
2024
2023
Fund balances at 31
December 2024 are
represented by-
Invéstments
Current ass6ts1(labiliti8s)
4,063,282
346,320
4,063,282 3.609,759
346.320
344.776
3.609,759
344,776
4,409,602
4,409,602 3,954,535
3.954,535
17 Relat&d party transactions
The trustees were reimbursed expenses of £414 (2023: £1.466> during the year.
12-