SERVE IN SOLIDARITY IRELAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY2024
( A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAprrAL)
COMPANY REGISTRATIOIY IYUMBER N1073601
CHARITY REGISTRATION NUMBER NIC 100037
O'HARA SHEARER
CHARTERED ACCOUNTANTS AND STATUTORY AUDITORS
547 FALLS ROAD
BELFAST
BTII 9AB

SERVE IN SOLIDARITY IRELAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
CONTENTS
Page
Officers and other information
Report of the Chairperson
Trustees, Annual Report
4-16
Statement of Directors Responsibilities
(in respect of the financial statements)
17
Report of the Independent Auditors to the Members,
18-19
Accounting Policies
20-22
Statement of Financial Activities (incorporating the income and expenditure accoun
23
Balance Sheet
24
Statement of Cash Flows
25
Notes to the Financial Statements
26-29

SERVE IN SOLIDARrrY IRELAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
OFFICERS AND OTHER INFORMATION
Directors
Diarmaid Ua Bruadair
Noel Gerard Kehoe
Leanne Kelly
Gerard O'connor
Ronan Cunningham
Chairperson
Gerard O'Cotu]or
Secretary
Diarmaid Ua Bruadair
Programmes and Administration Manager
Paula Quigley
Development Programme Manager
John Mccarthy
Registered Office
At Ihe Offices of..
O'Hara Shearer
Chartered Accountants
& Statutory Auditors
547 Falls Road
Belfast, BTI19AB
Auditors
O'Hara Shearer
Chartered Accountants
& Statutory Auditors
547 Falls Road
Belf&s1 BTI19AB
Bankers
Danske Bank
Business Banking
POBOK 183
Donegall Square West
Belfas¢ BTI 6JS
Company Registration Number
Nl 073601
Charity Registration Number
XT 167512
Webslte
véww.serve.ie
Charity Commission for Northern Ireland Registration Number
NIC 100037
Page I

SfRVE IN SOLIDARITY IRELAND
(being a company limiled by guaranfee and no¢ having u shure capital)
CHAIRPERSON'S STATEMENT
FOR THE YEAR ENDED 31sf JANUARY 2024
Africa's young people are ellergetic, smart, vibrant, creative and entrepreneurial Ivith a
readiness to solve the challenges faced by Africa. With the right tools, eduLation
resources and encouragenjent, these young people represent a living solution to the
daunting challenges faced by the Africa Continent from hunger aiid unemployment to
climate change and poor sanitation.
Both the SERVE "Skills for Youth Resilience" and "Digital VET for Young Africans
ID-VETYA)" programmes deliver the right tools, education, resources and
encouragement to support young people in Zimbabwe, Mozambique and Zambia to
forge brighter futures where they achieve economic and emotional resilienee and
contribute creatively to their loeal communities. Between 2021-2023, the Irish Aid
funded 'Skills for Youth Resilience, programme has supported 5,977 young people
acquire skills, micro-credit, enterprise kits, mentorship and the confidence to move
towards employment and income generation. The D-VETYA programme ambitiously
aims to open digital access to over 7,500 disadvantaged young people to Young Africa's
(YA) eLearning Platform. and also, to develop and rollout a Digital Postgraduate
Service Toolkit.
The Directors clearly outline under objective two in the review of the activities of the
eharity in the attached report a summary of the impressive outputs and outcomes
achieved in Year 3 of the SYRP and Year l of the D-VETYA programmes.
SERVE a150 during 2023 supported other impactful development project5 in Zambia,
India, Philippines, Ethiopia and South Africa and a humanitarian intervention in Syria.
12m happy to report that post the pandemic- that in 2023 SERVE< skilfully
implemented international volunteer programmes to India, Zambia and Mozambique. I
Ivas delighted to attend the evaluation conference in Galway and to listen to the positive
experiences shared by the assigned volunteers. The SERVE Think Global Act Local
creatively engaged forty-six young people in an impressively delivered hvelve-month
global citizenship initiative.
The fundraising climate remains dallnting in Ireland for many charities and SERVE
were not immune to such challenges. The £35?68 raised by SERVE in the North of
Ireland during 2023 plays an important role in helping SERVE to achieve it5 objectives.
The Directors offer a comprehensive report with accompanying financial statements
that offers oversight and analysis of the achievements and challenges faced by SERVI
dllring 2023.
2023 represented the fifteenth year of operations for SERVE ill the north of Ireland. The
SERVE Nl Board and the SERVE volunt¢¢r base are an important component in the
SERVE family.

SERVE IN SOLIDARITY IRELAND
(being a company limited by guarantee and nol having u share capitul)
CHAIRPERSONYS STATEMENT
ST
FOR THE YEAR ENDED 31 JANUARY 2024
I would like to thank each of the Board members for their dedication and commitment.
I would like to express my admiratfton and warm respect for the SERVE team. I would
like to express sincere gratitude to those who have contribuled financially to the work of
SERVE during 2023.
I would like to thank the SERVE alumni. I am very appreciative of their financial and
human generosity. I would like to thank our international partners and especially
Young Africa. Both SERVE and Young Africa celebrated threshold birthdays during
2023.
In reading the various reports and external evaluations furnished during 2023 and
celebrating the stories of change forged by the SERVE programmes I am particularly
struck by the impact created by the empoiverment of women in the projects in the
countries where SERVE works. When Ivomen are empowered, they empoiver
communities and nations.
I am delighted Ivith SERVE'S new Strategic Plan 2024-2027. It is ambitious and
focused. It is Ivorth supportingg Thank you to all who help Shape our strategy for the
years ahead.
John Gerard O'connor
Chairperson
SERVE IN SOLIDARITY IRELAND

SERVE IN SOLIDAIUTY IRELAND
(being a company limiÈed by guarantee and not having a share capital)
DIRECTOR'S REPORT
FOR THE YEIIR ENDED 31ST JANUARY 2024
The directors present their report and the financial statements for the year ended 31st
January 2024.
I. STRUCTURE, GOVERNANCE AND MANAGEMENT
Legal Status
The organisation is incorporated as a limited company since August 25th 2009, under
Companies (Northern Ireland) Order 1986. The company registration number is
N1073601. It is registered as a charAty in Northern Ireland with registration number XT
16752. The charity has three registered members. The directors are elected at Annual
General Meeting by the members present.
The organisation is also ineoryorated in the Republic of Ireland as a company limited
by guaranteed not having a share capital. It is incorporated under the Companies Aets
2014. The objective of tbe company is to relieve third world poverty. It is A charity
registered with the Charities Regulatory Authority and has been granted tax exemption
by the Revenue Commissioners in Ireland, with registered charitable taxation No:
18154. The Registered Charity Number is 20069094. This company has ten registered
members. The number of members may be increased from time to time by vote of the
said members. The directors of the company are appointed by the members.
Distinct and separate financial statements are prepared and filed for both charities.
The financial statements are not consolidated.
Board ofDirectors
The directors who served the company during the year were as follows:
Gerard O'connor
Diarmaid Ua Bruadair
Noel Gerard Kehoe
Ronan Cunningham
Leanne Kelly
BoardAppoinlments
Directors are recruited through a combination of both external and internal
networking. Candidates for appointment to the Board are prioritised based on the
Board's requirement5 for expertis¢ from time to time: for example, in the areas of
developD]ent, finance, marketingy law, fundraising or governance. It is intended that the
Board should coniprise of a balance of expertise and disciplines. Directors receive
induction training upon selection and are subject to a 3ix- month initial trial before
formal appointment. The board's directors are drawn from diverse backgrounds-

SERVE IN SOLIDAIUTY IRELAND
(being a company limited by guarantee and noi having a share capital)
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31ST JANUARY 2024
including finance, development, legal, missionary) youth and community, who bring to
the Board significant professional and decision-makiJAg skills achieved in their
respective fields, together with a broad range of experience and views. There are no
emoluments paid to directors.
SERVE In Solidarity Ireland has developed a template where the board receives timely
information at appointed times aeross the agreed principal areas of activities and
concern. This template is prepared in a calendar format Jvhich ensures that relevant
issues are considered by the Board. The Board met four times during 2023.
Internal ControLs
Tbe directors a¢knowledge their overall responsibility for SERVE In Solidarity
Irelandl3 systems of internal control and for reviewing its effectiveness. The Board has
established a process of compliance which addresses the Boards wider responsibility to
maintain, review and report on all internal controls, including financial and
operational. There are six key pillars that give assurallces about internal controls. Key
elements of the internal control systems incRude:
I. SERVE has clear policies and procedures in plaee for the receipt, recording and
control of donations received from private individuals and from other sources.
2. Procedures and Control systems are formally documented in 2 series of
partnership and project agreements. Internal control reviews of partners are
completed and documented as well as internal audits. The agreements and
reviews are appraised on a bi-annual basis.
3. There is a fornial organisational structure in place with clearly defined lines of
responsibility, division of duties and delegation of authority.
4. A detailed budget is prepared annually Ivhich is in line with the strategic plan
and approved by the Board. Actual results and service outcomes are compared
regularly against budget and prior year to ensure alignment with budget, tight
administration control and value for money.
5. A sub-committee focused on audit reports independently to the Board on all
aspects of controls and risks.
6. The Board maintains a reserve policy that exceeds the minimum recommended
for charities (three months reserves) to mitigate the increasing risks of the
uncertain economy and to ensure sustainability of our services. Our actual
reserves would not have been less than fifteen months during 2023.

SERVE IN SOLIDARITY IRELAND
(being ft company limited by guarantee and not having a share capilal)
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31ST JANUARY 2024
Decuion Making and Mdnagemenl
The directors are responsible for the implementation of the strategic plan, ensuring the
organisation is effective in the delivery of its activities and accountable for the resources
under its control. The SERVE directors in tbe Republic of Ireland delegate significant
responsibility to the Programmes and Administration Manager, and the Development
Pro(Tramme Manager. Both, the Programmes and Administration Manager, and the
Development Programme Manager, report directly to the Board. There are clear
distinctions between the roles of the Board and the Programmes and Development
Manager, to which the day-to-day management is delegated. Responsibility for the
implementation of the internal control systems is delegated to management. Matters
reserved to the Board and those delegated to the Programmes Manager, and the
Development ManAger, are outlined in the Organisation's Governance Manual. The
Programmes and Administration Manager is the key person with delegated
responsibility for the day-to-day management of the Company in the North of Ireland.
Direclor's responsibilities in relalion lo the Financial Statements
The dArectors are responsible for preparing the Director's Report and the financial
statements in accordance with applicable laws and regulations.
Company law requires the directors to prepare financial statements giving a true and
fair view of the state- of- affairs of the company and the net income or expenditure of
SERVE for each financial year. Under that law tbe directors have elected to prepare the
rinancial statements in accordance with FRS 102: the Financial Reporting Standard
applicable to the UK and Republic of Ireland ('relevant financial reporting
frameivork,).
In preparing these financial statements, the directors are required to:
Select suitable accounting policies for the company financial statements and then
apply them consistently.
Make judgements and estimates tbat are reasonable and prudent.
Observe tbe methods and principles in the Charities SORP.
State whether the financial statements have been prepared in accordance with
the applicable accounting standard5, identify those standards, and note the effect
and the reasons for any material departure from those standards: and

SERVE IN SOLIDAIUTY IRELAND
(bein￿ a company limited by guarnnlee and noi having a share capilal)
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31ST JANUARY 2024
Prepare the f￿anCIAl statements on the going concern basis unless it is
inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records whieh disclose
Ivith reasonable accuracy at any time the financial position of the company.
Rifk Management
The directors have responsibility for and are aware of the risks associated with the
operating activities of SERVE. They are confident that adequate systems of internal
control are in place and that these controls provide assurance against such risks.
Tbe board updated SERVE?s the risk register in December 2023.
Transparency and Accountability
The Directors of SERVE In Solidarity Ireland, in the North of Ireland, are satisfied,
that there are no incidences of fr8ud or gross financial management among its key
partners. The Directors in the Republic of Ireland reported similarly for th¢ year
ending January 315t 2024. SERVE'S partners are externally audited by registered in-
country auditors. audit reports and management letters are examined by SERVE'S
management and board members in line with our financial policy. It is the current
opinion of our partner's independent auditors that their respective financial statements
give a true and fair view of the state-of- affairs of each partDer. SERVE also completes 2
number, of annual financial monitoring visits to international partner5. SERVE also
reviews partner's financial policy and procedures and holds independent discussions
with partner's financial managers as part of routine monitoring and evaluation
processes. Review of partners other doDor's reports and audits provide further security
regarding f￿anCial management procedures.
Nelworky and Consorlia
SERVE is committed to a strategic alliance with Young Africa International. Strategic
partnership with international partners and organisations is seen as a key vehicle for
SERVE'S macro level engagement and international advocacy. SERVE NI benefits from
SERVE'S membership and partnership with Comhlamh and Dochas and IDEA.

SERVE IN SOLIDARITY IRELAND
(being a company limited by guarantee and not having a share capital)
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31ST JANUARY 2024
2. OBJEI CTIVES OF THE CHARITY
SERVE is a development and volunteering organisation committed to taclding poverty
in the developing world. Inspired by the belief that 'Solidarity in Action, ¢An improve
the lives of the most vulnerable, SERVE Ivorks in partnership with local communities
and organisations. Our work is rooted in strategie cooperation with Irish communities
at home and abroad. Since inception, SERVE has supported initiatives in Southern
Africa, Southeast Asia and South America. Our development programmes have a
strong focus on helping yOUDg people gain employment or start and develop their
businesses, offering high-quality and holistic vocational and educational learning
opportunities.
SERVE'S vision is of a Ivorld where every young person has opportunity to realis¢ their
potential and contribute to positive and sustainabl¢ change in their societies. A world
where fairness, equality and a belief in shared humanity prevail.
SERVE'S Values:
Solidarity- We stand in support of all those we work with, united in our concern
on issues of social justice and equality.
Commitment- We are committed to working through partnership9 to
collaborating with our partners in good times and bad, in a spirit of mutual
respect and responsibility, Shared values and local ownership. We are committed
to young people, to allowing their voi¢e5 to guide our work, and to doing
iyhatever we can to help them thrive.
Youth Potential- We believe in the limitless potential of young people and choose
to focus on them as they key to a brighter future for their communiti&8 and our
world. We value empoivernient, collaboration, innovation and Creativity in
response to their needs.
Accountability- We hold ourselves and one another responsible for ensuring that
we deliver impact, and that our work is underpinned by transpareneyy integrity
and learning.
Respect- We value the equal dignity and worth of all peopl& rooted in our
shared humanity. We are grounded, authentic and true to ourselves.

SERVE IN SOLIDARITY IRELAND
(being a company limiled by guaranlee and not having a share capilal)
DlliECTOR'S REPORT
FOR THE YEAR ENDED 31ST JANUARY 2024
3. REVIEW OF THE ACTIVITIES OF THE CHARITY
The Direeton set six main objectives for 2023:
l. To successfulty implement Year Three of the SERVE SYRP programme in
Mozambique and Zimbabwe and to seek Irish Aid funding for a further there to
five-year period.
2. To successfully implement the EU funded Digital Vocational Education
Technieal programme in Zimbabwe, Mozambique, Zambia and Namibia.
3. To seek funding for a newly designed SERVE approach to global citizenship
education.
4. To prioritize strategy towards achieving sustainability.
S. To proactively engage the SERVE alumni in celebrating the SERVE 20th
anniversary.
6. To develop a new SERVE Strategic Plan for the period 2024-2028.
The progress made in 2023 in respect of the key objectives is detailed as follows:
Objective I: To successfully implement Year Three of the SERVE SYRP programme in
Mozambique and Zimbabwe and to seek Irish Aid funding for a further there to five-
year period.
The Directors report outlines the results for the period July iat 2023, to June 30th 2024
representing Year 3 of 3 of the Irish Aid funded Skills for Youth Resilience Programme
(SYRP) 2021-2024. While the SERVE In Solidarity year-end is January 31$t the third
year of the Irish Aid funded programme began in July 2023 and continued until June
2024. E280,000 was received from Irish Aid in support of this programme. The funds
Ivere received from Irish Aid on August 3rd 2023.
The Programme is being implemented with Young Africa Zimbabwe (YAZ) in the peri-
urban eommunAties of Chitungwiza and Epivorth. Young Africa Mozambique (YAM)
in the peri-urban community of Manga and the rural community of Dondo. and Young
Africa Hub (YAH based in Zimbabive, with a role of overseeing all Affiliates and
improving and expanding the YA model). The project components are focused on (i)
Skills for Economic Resilience. (li) Skills for Emotional Resilience.
(iii) Organisational
Resilience.

SERVE IIY SOLIDARITY IRELAND
(being a company limiled by guarantee and not having a share capital)
THE DIRECTORSY REPORT CONTINUED
FOR THE YEAR ENDED 31ST JANUARY 2024
The development outputs achieved in Year 3 of this three-year programme (July 2023
to June 2024) include:
3,104 young people completing skills training for employment and life skills
training.
219 young people awarded scholarships.
116 young people from Mount Danvin in Zimbabwe's Mashonaland Province
completed skills training through YA Outreach programme.
62 mAcro-credit grants and graduate kits disbursed to students.
66 students completing the Entrepreneurship Bootcamp at the Young Africa
Youth Entrepreneurship Hub.
5 Capacity building initiativ¢$ at Young Africa centres.
I curriculum development initiative focused on greening of Course modules.
18 pivotal staff retained and funded.
2 internal audit processes completed.
12 international volunteers assigned.
The following development outcomes were achieved:
57 % of graduates are engaged in economic activity.
490/0 of graduates in Zimbabwe have a regular incorne.
IOOO/D of graduates in Mozambique have a regular income.
38°/o of graduates are managing to save money.
78°/0 of students reporting an improvement in their core technical skills.
8511/0 of students reporting improved life skills knowledge.
YA staff reporting satisfaction arising from participation in capacity building
initiatives.
Franchise model generating income to cover 740/t) of core costs.
On March 22nd 2024, Irish Aid infornied SERVE that its 'Skills for Youth Resilienee
Programme'(SYRP) application was successful, and SERVE will receive ￿00,000 per
year5 2024, 2025, 2026.
10

SERVE IN SOLIDARITY IRELAND
(being o company limited by guarantee and nol having a share capilal)
THE DIRECTORS, REPORT CONTINUED
FOR THE YEAR ENDED 31sf JANUARY 2024
Objective 2: To successfully implement the EU funded Digital Vocational Education
Technical programme in Zimbabwe, Mozambique, Zambia and Namibia.
Tbis ambitious programme coordinated by SERVE began on January 1st 2023, and is
due to continue until December 2024. The project is being implemented by SERVE and
Young Africa (YA). The partnership approach to implementation involves SERVE, YA
International Iyetherlands, YA International Africa Hub Trust (Zimbabwe), YA
Zimbabwe, YA Mozambique, YA Zambia, YA Namibia. YA provide holistic and
accredited Technical Vocational Edue2tion Training (TVET) to marginalised youth
through @12-month training courses in 46 disciplines, life skills, entrepreneurship and
ICT. The Digital Vet for Young Africans (D-VETYA) programme has five constituent
parts: (l) Coordinating and Management. (2) Development of the YA eLearning
Platform; (3) Development of the YA Postgraduate Service Toolbox; (4) Improvement
of the YA Monitoring Evaluation and Learning System" (5) Impact and Dissemination.
SERVE received E159,890 (400/.) from the European Education and Culture Executive
Agency (EACEA) to initiate the project. A detailed mid-terni report was prepared by
November 2023. 100% of the required project deliverables were Completed by
November 2023, and 83 % of the predicted milestones completed. Significant progress
has been made on the development of the Young Africa eLearning Platforni and the
improvement of the YA MEL System, with technical work led by Spur Technologies in
Uganda. Work on the Post Graduate Support is Toolkit slightly behind schedule, as the
recruitment process of the technical development work took longer than expected. With
the approv81 of the European Education and Culture Executive Agency (EACEA), the
delivery dates of some deliverables and project milestones were adjusted.
This project on completion will offer enhanced access to TVET opportunities for more
than 7,500 disadvantaged youth across Southern and Eastern Africa. SERVE received
from the EU the second instalment of É159,890 (40Q/o) in support of this project on
Mareh 14th 2024.
Objective 3: To develop a refocused approach to global citizenship education.
After a gap period of three years SERVE returned to implementing high quality
international volunteer programmes assigning volunteers to Mozambique, India and
Zambia. Twenty-seven volunteers and seven leaders Ivere assigned to the three
eountries.
11

SERVE IN SOLIDARITY IRELAND
(being a coryany limited by guaranlee and not having a share capital)
THE DIRECTORS, REPORT CONTINUED
SERVE was also successful in an application to Irish Aid for funding for SERVE'S
Think Global Act Local (fGAL) global citizenship education programme. SERVE
received £27,182 from Irish Aid on May 25th 2023.
The following activities Ivere implemented: (1) 3 full-day in person global citizenship
workshops, focusing on (A) Introduction to the Sustainable Development Goals (SDG'S).
(b) Inequality and Social Chanoe and Climate Action, {c) Ethical
Volunteeringlsolidarity & Comhlamh's COGP values; (2) 4 online guest speakerl guest
facilitator sessions involving speakers from Zimbabwe, Zambia and Ireland. (3)
Educational visits to the Scala SDG Youth Village; {4) Setting-up of an education PAdl¢t
for the TGAL programme including materiab on (a) Intercultural competence. (b)
Impact of Volunteering Overseas on Volunteers. (c) Women Peace and Security. (d)
Climate Justice; (e) Resilience as a Global Citizen; (5) North-south Exchange Event-
held in July 2023 involving SERVE, the Association for People with Disabilities from
India; and partners from Zambia and Mozambique and TGAL participants. (6)
Community Action Project focused on Collective Action through Artistic Expression
Activity. (7) Residential Debrief weekend held in Galway.
46 participants were directly involved in the global citizenship programme and 710
people indirectly involved. 90 % of participants Ivere retained in the programme over
the twelve months; TGAL participants demonstrated increased levels of knowledge
about Global Citizenship (GC) issues, improved attitudes towards GC issues and
practical actions towards GC over a 12-month period" and participants recorded an
improved knoivledge of 4Collective Action through Art15tic ExpressRon' through a
workshop and creation of GCE murals.
SERVE reported to Irish Aid on this GCE grant on May 13th 2024, and returned É5,520
representing an underspend in the implementation of the programme.
Objective 4: To prioritize strategy towards achieving sustainability.
The following comparative inforniation offers some salient information about SERVE'S
funding base in the North of Ireland:
31101124
35,368
20,000
15,368
000
35,368
35,368
98,606
31101123
26,548
21,505
5,043
000
26,548
26,548
84,580
Total Income (£)
Total Restricted Income (£)
Total Unrestricted Income (£)
Grant Income (£)
Voluntary Income (£)
From the Irish Public (£)
Unrestricted Reserves (£)
12

SERVE IN SOLIDARITY IRELAND
(being a company limlted by guarnnlee and not having a share capilal)
THE DIRECTORS, REPORT CONTINUED
Objective 5: To proactively engage the SERVE alumni in celebrating the SERVE 20th
anniversary.
The SERVE 20TH celebrations were formally celebrated in November 2023 with a
joyous occasion held in Cork city. The celebrations included international partners who
travelled from Zambia and Zimbabive. Young Africa International also reached a
threshold celebratory age celebratRng 25 years in 2023. SERVE was represented at
Celebratory events in the Netherlands. The 20th celebrations presented SERVE with an
opportunity to reconneet with its alumni and to plan for the years ahead.
Objective 6: To develop a new SERVE Strategic Plan for the period 2024-2028.
SERVE dedicated 2023 to advancing a new Strategic Plan. An external consultant was
engaged who worked with staff, board members, volunteersg partners and alumni. The
plan Ivas finaliz¢d and agreed in the fourth quarter of 2023. The plan documents (a)
Highlights from SERVE perfonnance in recent year5; (b) How SERVE works; (c) Our
Strategic Focus 2024-2028; (d) Strategic Outcomes; (e) Our commitment to sound
governance and compliance. The plan outlines SERVE'S Theory of change and is
focused on five outcomes: (l) Preparing young people for employment and credit. {2)
Increasing accessibility to livelihood opportunities for young people. (3) Supporting our
partners to champion new innovative approaches. (4) Supporting young people in
Ireland to critically engage with global development issues" (5) Strengthening SERVE'S
Capacity to deliver high quality programmes.
4. OPERATIONAL SUMMARY
Developmenl Programme
Expenditure on development programmes amounted to £28,587 (2023 £Nil). Grants
were allocated to the Association of People with Disabilities (APD), Bangalore, India
£3292; Cebu Development, Philippines, £20,000; Tsholofelo Skills Development, South
Africa £5,294.
Volunteer Progranune
There were no costs incurred by SERVE NI in support of the international volunteering
programme in 2023. Sinee 2003 SERVE ha5 placed a total of 1,310 volunteers with
partners in the developing world. The return of internationaI volunteering programmes
in 2023 is warmly Trvelcomed by the SERVE board, international partners, the SERVE
13

SERVE IN SOLIDARITY IRELAND
(being a company limited by guarantee and not having a share capital)
THE DIRECTORS, REPORT CONTINUED
alumni and programme participants. The 2023 volunteering projects were very
positively evaluated at a return-volunteer Conference weekend in Gahvay. The SERVE
Think Global Act Local programme was ijnplemented in conjunction Ivith the
international volunteering programme.
SERVE al80 funded an international volunte¢r working as a Monitoring and
Evaluation Officer in Zimbabwe.
Global Cilizenship Education
SERVE remain committed to Global Citizenship Education and ensure that it is an
integral part of all SERVE operations.
During 2023 the SERVE Think Global Act Local was again successfully rolled out
engaging forty-six young adults in a programme delivered principally at the SERVE
campus in Scala, Cork, witb some modules delivered through digital platforms.
Fair Trade
Flip Flop Friday (FFF) in Belfast raised £2,660 during 2024.
Fundraising
The directors will continue during 2024 to apply strategies that generate new
fundraising income streams.
S. FINAIYCIAL REVIEW
Income and Expenditure
The results of the year are set out in the audited statement of financial activities of the
organisation on page 22 Ivhich shows a surplus for the year amounting to £5,419 (2023
£24,366).
SERVE is a registered Charity in the North of Ireland (XT 16752). SERVE Income in
2023 rose by 260/0 in the North of Ireland. This increase Ivas helped by a legacy and
development appeal income in support of the Philippines.
Direct Charitable Expenditure was 99 /0 (2023 990/.). Governanc¢ costs and the costs of
raising funds 111 total were less than l O/•.
14

SERVE IN SOLIDARITY IRELAND
(bein8 a coryany limlted by guarunlee and not hqvlxg ft share capilal)
THE DIRECTORS? REIPORT CONTINUED
Reserves Policy
Unrestriet¢d Income is treated as ineome apart from restrlcted income. It Is income
where the donor has not designated the income for a specific purpose. It is used by
SERVE in the furtheranee of its work and objectives. Such funds may be held to
finance working capital or may be used at the discretion of the organisation for
specified purposes thAt are within the aims of the organiyation. The board appraising
the administrative and operational costs of the organisAtion, allocates in¢ome from
unrestricted income to cover thege costs and may allocate also to programme cojts and
carefully reviews the amount required to be held for emergencles and to eover runnlng
tosts.
There are reserves of £231,295 (2022 £225,876) at the year-end JAnuary 31st 2024 on
hold in the North of Kreland. Tbere are three important factor8 relevAnt to An &naly8i8
of these r¢s¢￿es. (1) £98,606 repreJent8 a prudent unrestricted reserve bglallce. (2)
There is £9,166 that relates to long school development In Halti. (3) The remaining
re8erve8 of £123,523 18 made up of £1&068 relating to the Philippines; £6,917 related to
Tbailand; £2,005 relating to Mozambique; £14,607 relating to South Africa, £1022
relating to Brazfil and India £8,838; £9,579 relgting to ZAmbi&; Solidydrity Fund £40,989,
Zimbabwe £1,505, and Ukraine £20,000. There 18 a deficlt ill the Burkina Faso fund of
SERVE iy eommltted lo maintaining at A minimum £IS,000 in unrestricted reserves in
the North of Ireland. The mlnimum reserve will be increastd proportionally if running
Costs increase. Amounts over and beyond the minimum amount will be carefully
stewarded in the interests of the oryani38tion And the beneficiaries we 8erve. Reserves
will, at all time8* be mgintalned in accordaD¢e with charity regulationj and best
practice. The unrestrieted re8erve8 of £98,606 (2022 £84,580) on 31sI January 2024
repre8ent8 a 160/0 in¢reg$e on the previous year. The combined reserves of SERVE
between the North of Ireland and the South of Ireland are the equivalent of
approximately 15 months (2022 17 months) of tbe running costs of the organhsation.
6. EVENTS SINCE THE YEAR END
In the opinion of the Dlrectors the challenges po8ed by cllmate ju$ti¢e and the
approprlateness of international flights in the context of climate fragility pose
challenge to the higbty regarded SERVE finternational volunteering programmes.
The Dire¢tors will continue to jtsdy issues pertaining to elimate ehange. There have
been no post balanee 8heet adjustments made to the financial statements.
15

SERVE In SOLIDARITY IR£LAIYD
(belng A coryany limiled by g4drftnlee and not having a share cdpital)
DlREcfoR'S REPORT
7. PLANS FOR FUTURE PEIUODS
Fu£ure Developmenls
Securing And retsining reliable sources of funding reniains the key Qhvdllenge for
SERVEI over the next number of years. SERVE In Solidarity Ireland Programme Plan
for 2024 18 bas¢d on five key objectives:
I. To 8uccessfully implement Year l of the 3 Year 1ri8h Aid funded 'SkilLy for
Youth ResilAence Programme? 2024-2026.
2. To successfully implement Year 2 of the EU ￿VETYA funded project focused
on delivering DigltAI VET opportunit1¢8 for disgdvantaged young people across
southern and eastern Africa.
3. To empower and enable Young People Ydt home and over8e4J to understand thelr
rlghts and to crfitieally engage with Clobal Development Issue&
4. To priorAtize sustainability At all levels of SERVE.
S. To strengthen SERVE)s effectiveness, accountability and Youth-Focus ensllring
the necessary skills, Capabilitie8 and quality programmes to deliver its stralegy.
On beh&lf of the Board
John Gerard O'connor (Ch&iryerson
StJkTh fvc
Diarmaid Ua Bruadair
16

SERVE IN SOLIDARITY IRELAND
FINANCIAL STATLI MENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
STATEMEwf OF DIRECTORS RESPONSIBILITIES
The directors are responsible for preparing the Directors, Report and the financial statetnents in
accordance with applicable law and regulations.
Company Law requires the directors to prepare financial statements for each financial year.
The Trustees, who are also directors for the purposes of company law, present their report and the
fmancial statements of the charity for the year ended 31 st January 2024. The Trustees confirn] that they
Comply with the requirements of the Charities Act (Northern Ireland) 2008 and Accounting and Reporting
by Charities.. Statement of Recommended Practice which applies to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) (effective l January 2015).
Under company law the directors must not approve the financial statements unless they are satisfted
that they give & true and fair view of the state of affairs of the company and of the surplus or deficit of
the company for that period. In preparing those financial statements, the directors are required to:
select suitsble accounting policies and then apply them consistently,
make judgcnients and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show
and explain the company's transactions and disclose with reasonable accuracy at any time the financial
position of the company and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the directors are aware:
- there is no relevant audit information of which the company's auditor is unaware. and
the directors have taken all steps that they ought to have taken to make themsclves aware
of any relevant audit information and to establish that the &uditor is aware of that inforniation,
By order
f the board:
12th Febru
DATE
2025
GERARD O'CONNOR
DIRECTOR
Page 17

SERVE IN SOLIDARITY IRELAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS,
Opinion
We have audited the financial statements of Serve in Solidarity Ireland (the '¢harity') foT the year ended J l January 2024
which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the notes to the
financial statements, including a summary of significant accounting policie5. The financial Teporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 Thefinancial Reporting Standard applicable in the UKand Republic of Ireland (United Kingdom
Generally Accepted Accounting Practice).
In our opinion. the financial statements:
give a true and fair view of the state of the charttable company's affairs as at 31 January 2024 and of its incoming
resources and application of resources, including its income and expenditure for the year then ended;
have been propei'ly prepared in accordance with the Financial Reporting Standard applicable in the UK and
Republic of treland (FRS I02) (effective l January 2015) - (Charities SORP (FRS102)). the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102),.
hav¢ been prepared iu a¢cordan¢e with the requii'ements of the Companies Ad 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our
responsibilitie5 under those standards are further described in the Auditoes responsibilities for the audit of the accounts
section of our report. We are independenl of the charity in accordance with the ethical requirements that are relevant to our
audit of the accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities
in accordan¢e with these requiremerjts. We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to report to you
where..
the trustees, use of the going concern basis of accounting in the preparation of the financial statements is not
approp.riate- or
the trustee5 have not disclosed in the financial ststements any identified material uncertainties that may cast
significant doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period
of at least twelve months frotn the date when the financial stateTnents are authorised for issue.
Other information
The other information comprises the Information included in the annual repor¢ othei. than the financial statements and our
auditor's report thereon. The trustees are responsible for the other inforniation. Our opinion on the financial statements does
not cover the other infomiation and we do not express any fonn of assurance conclusion thereon.
In connection with our audit of the fir￿ncIal statements, our responsibility IS to read the other inforn)ation and, in doing so,
consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in
the audit or otherwise appears to be materially misstated. If we identify such Materi￿ inconsistencies or apparent mateTial
rniS5tatements. we are required to deterniine whether there is a material misstatement in the financial statements or a material
mis5taternent of the other inforniation. If, based on the work we have perfomed, we conclude that there is a material
misststement of this other information. we are required to report that fact.
We have nothing to report in this regard.
Page 18

SERVE IN SOLIDARITY IRELAND
FINANCIAL ST ATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS,
Mgtters on which Ive are required to report by exception
In the light of the knowledge and understanding of the Trustees and its environment obtstned in the course of the audit, we
have not identified material misstatements in the Trustees, ReporL
We have nothing to report in respect of the following matters ID relation to which the Companies Act 2006 requires us to
report to you if. in our opinion:
sufficient accounting records have not been kept. or
the f￿ancial statements are not in a￿'eement with the accounting records. or
certain disclosures of tntstees, remuneration specified by law are not made. or
we have not received all the inforn)ation and explanation5 we require for our audiL
Responsibilities of trustees
As explained more fully in the Statement of Tru5tees' Responsibilities, the trustees, who are also the directors of the charity
for the pury)ose of company law, are responsible for the preparation of the financial statements and for being satisfied that
they give a true and fair view, and for such internal Control as the director5 detemiine is necessary to enable the preparation of
financial statements that are free from material misstatemenL whether due to fraud or error.
In preparing the financial Statements, the trustees are responsible for assessing the charity's ability to continue as a Boing
concern. disclosing, as appllcable, matters related to going concern and using the going ¢on¢em basis of accounting unless
the trustees either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so,
Auditor's responsibilitl¢s for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the fjnancial statements as a whole are free from material
misstatement. whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance
is a high level of assurance, but is not a guarantee that an audit Collducted in accordance with ESAS WK) will always detect a
material misststement when it e.Yists. Misststements can arise from fraud or error and are ¢onsidercd materlal if, individually
or in the aggregate, they ¢ould reasonably be ¢xpe¢ted to influence the econoinic decisions of users taken on the basis of
these financial statements.
A finther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at.. http.'Ilwww.frc.org.uLlauditorsrespoDsibilities. This description forms part of our auditor's reporL
This report is made solely to the Charitable company's members, as a body, in #¢¢ordance with Chapter 3 of Part 16 of the
Companies Art 2006 and regulations made under that Act. Our audit work has been undertaken so that we might state to the
charitable companls members those matters we are required to state to them in an auditors, report and for no other purpose.
To the fullest extent pemiittcd by law, we do not acGept or assume responsibility to anyone other than the charitable company
and its members as a body, for our audit work, for this report. or for the opinions we bave fornled.
LAWRENCE SHEARER F.C.A.. Senior Statutory Auditor
FOR AND ON BEHALF OF O'HARA SHEAREIL Statutory Auditor
O'HARA SHEARER
CHARTERED ACCOUNTANTS
AND STATUTORY AUDITORS
547 Falls Road
Belfast
BTI19AB
Dated: 12th February 2025
Page 19

SERVE IN SOLIDARITY IRELAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
STATEMENT OF ACCOUNTING POLICIES
Accounting Convention and Basis of Accounting
Thc financial statements have been prepared under the historical cost convention.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard which applies in the UK and Republic of Ireland (FRS 102)
(effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Going Concern
At the time of approving the financial statements, the trustees, have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees,
continue to adopt the going concern basis of accounting in preparing the financial statements.
Income Recognition
Income is recogniscd when the Charity has entitlement to the funds, any performance conditions attached
to the item{s) of income have been me( it is probable that the incotne will be received and the amount
can bc measured reliably.
Interest Receivable
Interest on funds held is included when receivable and the amount can be measured reliably. this is
nornially upon notification of the interest paid or payable by the Bank.
Resources Expended
All expenditure is accounted for on an accruals basis and is classified under headings that aggregate all
costs related to the category.
Fundraising costs include the costs of advertising, producing publications, printing and mailing fundraising
material, and staff costs in these areas.
Costs of charitable activities include direct expenditure incurred through opcrational activities.
Governance costs represcnt the costs associated with the governance arrangements of the charity which
relate to the general rut￿ing of the charity as opposed to those costs associated with fundraising or
charitable activity.
Fixed Assets
All tangible fixed assets are recorded at cost.
Pagc 20

SERVE IN SOLIDARITY IRELAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
STATEMENT OF ACCOUNTING POLICIES
Conlinued
Depreciation
Depreciation is calculated to write off the cost of fixed assets over their estimated usefijl lives
at the following rates:
Office equipment
Computer equipment
Motor vehicles
20 % residual value
25 % residual value
25 % restdual value
Repairs and Renewals
All repairs and renewals arc written off as Éncurred
Pension Costs
The charity does not currently operate a pension scheme.
Debtors and Prepayments
Trade debtors and other debtors are recognised at the settlernent amount due after any discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors and Provisions
Crcditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third paty and the amount due to settle the
obligation can be measured or cstimated reliably. Creditors and provisions are nornially recognfised at
their settlement amount after allowing for any trade discounts due.
Financi211nstruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently measured at
amortised cost using the effective interest method.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the balance sheet datc. Transactions in foreign currencies are translatsd into sterling at the rate
of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving
at the net movement in funds.
Page 21

SERVE IN SOLIDARITY IRELAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
STATEMENT OF ACCOUNTING POLICIES
Continued
Fund Accounting
Unrestricted funds are general funds that are available for use at the Trustees, discretion in furtherance of
the objectives of the charity.
Designated funds are unrestricted funds set aside by the trustees out of unrestricted funds for specific
future purposes.
Restricted funds are those given for use in a particular area or for specific purposes, the use of which is
restricted to that area or purpose.
Reserves Policy
Unrestricted funds are needed to provide funds which can be applied to specific projects to enable
these projects to be undertaken at short notice and to cover the running costs of the Charity for a limited
period, should there be a significant shortfall in projected income.
The Directors consider it prudent that unrestricted reserves should be sufficient to avoid the necessity of
realising fixed assets held for the Charity's use and to cover six months unrestricted expenditure.
Page 22

SERVE IN S
ARIT
OF FINAN
IAL
R ENDKD 315TJ
TIVITI
FO
EYE
24
UnTeJtrlcted R￿triCted
Funds
Funds
TOTAL TOTAL
2024
2023
NOTES
INCOME AND ENDOWThMENTS FROM".
Donations and legacies
Income from investments
Inwme from charitsble activities
15,368
20,000
35.368
26548
TOTAL INCOIYIE AND ENDOWNMENTS
15J68
20,000
35J68
26￿48
EXPENDITURE ON:
Expenditure on r4isinB funds
Expenditure on charitable ￿tIVitIeS
Other expenditure
Net 88insl(lossos) on investments
576
1.606
1.342
28.607
29,949
TOTAL RESOURCES EXPENDED
1,342
28,607
29.949
2,182
NET INCOMEI(KXPENDtruKE)
14,(120
(&607)
5,419
24J66
Transfer8 beiw¢en fiJnds
NET MOVEMENT FUNDS
14J126
(￿07)
5,419
24J66
RECONC]LIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD
84,580
141,296
225,876 201,510
TOTAL FUTrIDS CARRIED FORWARD
98
131689
231395 225J76
Statement of FlnAnclJl Atti￿11¢8 In¢lud¢s All gglM3 losse5 In the yegr and th*r¢for¢
Statement ofTotsl R¢eogttls¢d Gainj ind L4)85¢8 bi$ noe beon prep4r¢d
All of the abov• *mounts relat• ¢D ¢ontlnulng actlvltl¢s
The i¢¢ompiDylni A¢eoundn8 pTrlltla the llotu fom ￿Tt of tku¢ Ilnanolil AtAttmt#ts
Pa8e 23

SOLIDARITY IRtI LAN
BALANCII SHEET
AS AT318TJANUARY 2024
2024
2023
NOTES
FIXED ASSETS
Tangible assets
CURRCI NT ASSETS
Debtors and prepayments
Cash at bank
Cash on deposit
Cash in hand
233,323 226,824
233,323 226.824
CURRENT LIABILITIES
Creditors and accruals
(2,028)
(948)
NET CURRENT ASSETSI(LIABILITIES)
231,295 225,876
TOTAL ASSEITS LESS CURRENT LIABILITIES
231,295 225,876
ACCRUALS AND DEI FERRED INCOME
TOTAL NET ASSETSI(LIABILITIES)
231295 225,876
REPRESENTED BY:
UNRESTRICTED INCOME FUNDS
io
98.606
84,580
RESTIUCTED INCOME FUNDS
132,689 141296
231,295 225,876
APPROVED BY THE DIRKCTORS .
GERARD O'COIYNOR
D￿E￿OR
DIARMAID Ua BRUADAIR
DIRECTOR
DATE 12th Fcbru
2025
DATE 12th Februar
2025
Tht Rccomp*nylng #¢eoMntlng polleles And notes torm part ofthese flnouel81 ¥tstements
Page 24

SERVE IN SOLIDARITY IRELAND
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST JANUARY 2024
2024
2023
NOTES
CASHFLOWS FROM OPERATING ACTIVITIES
Cash generated from operations
6,499
24,366
Net cash inflowl{oufflow} from operating activities
6,499
24.366
Investing activities
nvestment income
Purchase of tangible fjxed assets
Acquisition of investments
Disposal of investments
Disposal of tangible fixed assets
Net eash fron) investing activities
Increasel(decrease) in eash and cash equivalents in the year
6,499
24,366
Cash YdDd c2sh equivalents at the beginning of the year
226,824
202,458
Cash and Casb equiv21ents St the end of the year
233,323
226,824
Relating to:
Cash at bank and in hand
233,323
226,824
The ac¢ompanying ACCOUliting policies notes form part of these financill $t¥tements
Page 25

SERVE IN SOLIDARITY IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024
I. DONATIONS AND LEGACIES
Unrestri¢ted Restricted
Funds
Fund5
Unrestricted Restrictsd
Funds
Funds
2024
2023
D¢velopm¢nt Appeol
Third World Groups
Solidarity Gifts
Donations
Voluntccr Contribution5
Flip Flop Friday
20,000
20,000
21,505
21,505
15
1758
15
2,758
12,708
12,708
2,660
2.660
2,270
2.270
15,368
20.000
35,368
5.043
21.505
26,548
2. IYI COME FROM INVEST1¥IETr￿s
UnrtstrÈeted Restricted
Funds
Fund5
Unrestricted Restricted
Funds
Funds
2024
2023
Income from UK listed Inv￿tmentS
Income from cash
3. EXPENDITURE ON IL41SING FUNDS
Unrestrieted Restricted
Funds
Funds
Unrestricted Restricted
Funds
Fund5
2024
2023
Promotional and fundraising ¢osts
576
576
576
576
4. EXPENDITURE ON CHARITABLE ACTIVITIES
UnrtStrTCted Restritted
Funds
Fund5
Unrestrieted Restricted
Fund$
Funds
2024
2023
Developm¢nl projeLts
D¢velopment and Volunteering progTamrnes- administration ¢osts
B¢lfa5t Street Outreach Programme
Programme for overseas voluntecr cxpenses
South Africa-Tsholefelo youth skills development- salary cost5
South Africa-Tshol¢telo youth ski115 d￿ClOpment . support ¢osts
Zambia-st Bakit&'s youth dcvelopment- salary costs
7Ambia-Sl Bakila's youth development- support costs
D¢TllocTalii Republic of Congo- Health Infrastructure
India- development projects
India- Association of People with Disabilitie5
Philippines- Capacity Building PrograTlltn¢
Zitnbabw¢- Young Africa Youth Skills Training
Mozambique- cyclone emergency re5POllS
Mozambique- capital equipTn¢ftt progrtLt)Jne
Itnm¢TSion Programme-supporl costs
{Profitllloss on disposal of tangible fixed assets
Depr¢¢iation
5,294
5.294
3,293
3.293
20.000
20.000
Gov¢rnRnc¢ costs
Membership.. training and affiliatioll fees
LT and ¢omputer costs
Audit fees
Bank fees
198
198
490
50
1,020
490
50
1,020
46
1,080
64
1,080
84
20
I,342
28.607
29.949
1.606
1,606
P2ge 26

SERVE LN SOLIDARITY IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EIWED 31ST JANUARY 2024
5. NET (OUTGOING)J INCOMING IIESOURCES FOR THE YEAR
This is stated after chargingl(crediting)
2024
2023
Auditors remuneration
Depreciation
1,080
1,020
6. SALARY COSTS AND EMOLUMENTS
2024
2023
Total staff costs werc as follows.,
Wagcs and salaries
Social security costs
Other pension costs
Trustees, remuneration and benefits
There was no trustees, remuneration or other benefits for the year ended 3 1st January 2024. (2023: £Nil)
Trustees, Expenses
There wcre no trustees, expenses paid for the year ended 31 st January 2024. (2023.. £Nil)
7. RECONCILIATION OF OPERATING PROFIT TO NET CASH FLOW FROM OPERATING
ACTIVITIES FROM OPERATLYG ACTIVITIES
2024
2023
Operating Surplus/(Deficit) for the year
Depreciation
Movement in debtors
Movement in creditors
Gain on investmcnts
(Profit)/Loss on disposal of Fixed Assets
Investment income
Net cash inflow/(oufflow) from operating activities
5,419
24,366
1,080
6,499
24 J66
Page 27

'kRVE IIY SOLIDARITI, IRELAIYD
iy(Kris I'o THE fiNAIN
IAL sfA'fEITrlEiY'rs
FOR
E YEAR ENDED 31STJAN
Y 21J24
8. TANGIBLE FIXED ASSETS
oiric¢
Equipineni
Compuier
Equipmeiit
Motor
VetLi¢I¢s
Toia]
COST
As at 1st F¢bruary 2023
Additiojjs
Disp05als
A5 at 31st January 2024
DEPRECIATION
As at 1st Febtuary 2023
ChergE for yegr
EliminaTed on di5posAI
A5 at 315t January 2024
Nct tKok value 2024
Nei b￿k y￿u¢ 2023
9. FUND BALANCES
Transfer
B¢tween
Funds
Closins
Balance
2024
C105ing
Balance
2023
Opening
Balance
Income
Expenditure
Unrestricttd fundJ
84.580
15.368
{1.3421
98.606
84,580
Restricted funds:
Solidarity Fund
Th￿il￿nd Project
BTazil Projecr
Phillipines Appeal
India ProjeGt
B¢ira Proj¢¢t
Congo Proje¢t
South Africa Appeal
Tibiga Project
Zalllbia Project
Zimbabwe PTOjeCt
Ukraine ProJ￿t
Haiti projesr
40,989
6,917
1,022
18,088
12,13l
981
40.989
6.917
1,022
1¥.068
8.838
981
40,989
6,917
l.022
18,n88
20.000
120,020)
13293)
981
20,925
{71
9,579
1,505
20,000
9.166
15,294)
15.631
171
9.579
1.505
20.000
9.166
20,925
171
9,579
1.505
20.000
9.166
141,296
20.000
28,6071
132.689
141.296
Pag¢ 28

SERVE IN SOLIDARFfY IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THL YEAR ENDED 31ST JANUARY 2024
10. UNRESTRICTED INCOME FUNDS
2024
2023
Balance at 1st February 2023
Net incomingl(outgoing) resources for the year
Transfers between funds
84,580
14,026
81,719
2,861
Balance at 31 st January 2024
98,606
84,580
11. RESTRICTED INCOME FUNDS
2024
2023
Balance at I st February 2023
Net incoming/(outgoing) resources for the year
Transfers between funds
141,296 119.791
(8,607) 21.505
Balance at 3 1st January 2024
132,689 141,296
12. LEGAL STATUS
Serve in Solidarity Ireland is a Company Limited by Guarantee. Each
member has awed to contribute £1 in the event of a compulsory winding up.
Serve in Solidarity Ireland is registered with The Charity Commission for Northern Ireland,
Charity Number 100037. Date of registration 28th April 20 14.
Serve in Solidarity Ireland is a recognised Charity within the definition of Section 360(3) Income and
Corporation Taxes Act 1970 by the Commissioners of the Inland Revenue.
Page 29