Docusign Envelope ID.. B3EEEl5C-8F3￿2￿84e&D0SA65AB1E8l
REGISTERED COMPANY NUMBER: 04769362 (England and Wales)
REGISTERED CHARrrY IYUMBER: 1101556
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2023
for
Afrika Tildtun UK
Grant Harrod Lknnan Davis LLP
Chartered Accountants
Statutory Auditors
1st Floor
Healthaid House
Marlborough Hill
Harrow
Middlesex
HAI IUD

th)cusign Envelope ID.. B3EEE15c4F3s42￿84c6-D05A6sA8l E61
Afrika Tikkun UK
Contents of the Financi41 Statements
for the year ended 31 December 2023
Page
Reference and Administrative Detai15
Report of the Trustees
2 to 5
Report ofthe Independent AuditOTS
6 to 9
Statement of FiDanei*l Activities
io
Bal4nte Sheet
Cash Flow Statement
12
Notes to the Cash Flow Statement
13
Notes to the Financial Ststements
14 to 22

Docuslgn Envelope ID.. B3EEE15C-8F3542¥p84C&D05A65A81 E61
Afrika Tikkun UK
Reference 4nd Administrative Det4ils
for the year ended 31 December 2023
TRUSTEES
G Lubner CEO
E Beinart Chief Executive
L Bergrnan Management Consultant
K De Gier-Formanek CEO
J A Julyan Barrister
N Olsha Solicitor
H W Sinclair Chartered Accountant (South Africa)
COMPANY SECRETARY
Stonehage Fleming Serrfices Limiled
REGISTERED OFFICE
I st Floor
Healthaid House
Marlborough Hill
Harrow
Middlesex
HAI IUD
REGISTERED COMPANY
NUMBER
04769362 (England and Wales)
REGISTERED CHARITY
NUMBER
1101556
AUDtTORS
Grant Harrod Leman Davis LLP
Chartered Accountants
Statutory Auditors
I si Fli)or
Healthaid House
Marlborough Hill
Ha￿oW
Middlesex
HAI IUD
BANKERS
Bar¢lays Bank
68 Evington Rd
Leicester
LE2 IHJ
Chief Executive Officer
Carole Day
Development and Grants Coordinator
Rachel Kallon
Page I

Docltsign Envelope ID.. B3EEE1SC-8F3￿29&84C&DO5A6SA8fE6l
Afrika Tild(un UK
Report of the Trustees
for the year ended 31 December 2023
The tTUSte¢s who are also directors of the charity for the purposes of lh¢ Companies Aci 2006, present their report wtth
the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provision5 of
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The primary objective of the Charity is lo provide grants to support ¢haritable initiative5, as deterniined by the Trustees,
with a particular focus on the advancement of education from cradle to career, skills training, workforce development.
food security, and the alleviation of poverty in South Africa. This is primarily achieved through supporting the work of
Afrika Tikkun NPC. the Charity's founding entity, which has a proven track record in exe¢uting these charitable
activities.
Grants are awarded to Afrika Tikkun NPC due to their established infrastrncture and expertise in the targeted
communities, ensuring that the financial resour¢es are effeclively utilised to meet ihe Charity's goals. The overarching
aim is to transforni lives by providing access to education, improving economic opportunities. and building sustainable
communities in some of South Africa's most vulnerable areas.
Publir benefit
In planning and executing its a¢tivities, the Trustee5 have consistently adhered to the Charity Commission's guidance on
public benefit, particularly focusing on the prevention of poverty. The Trustees are deeply committed to ensuring that all
resour¢es and programmes are aligned with the Charity's core objedives, with a long-tem vision of eradicating poverty
and fostering self-sustaining communities in the areas ihey serve.
The Trustees confirni that they have fully complied with Section 17 of the Charities Act 201 l and have followed the
guidance laid out in 'Public Benefit- Running a Charity (PB2}' issued by the Charity Comrnission. In doing so. the
Trustees ensure that all artivities not only meet the requirements of charitable objects but also deliver tangible,
sustainable benefits to the public.
Volunteers
Currently, the Charity does not rely on a consistent or ongoing volunteer workforce. However. the impact of ils grants
and programmes is strengthened by ihe dedicated professional teams working on the ground through Afrika Tikkun
NPC, ensuring that the fund5 are efficiently managed and Programmes are effectively delivered.
Page 2

Docusign Envelope ID.. B3EEE15C-8F35429644C&D05A65A81E61
Afrik4 Tikkun UK
Report of the Trllslees
for the year ¢nded 31 December 2023
STRATEGIC REPORT
Achievement and perfornmnee
Charitable activitie5
During 2023, the Charity awarded grants to Afrika Tikkun NPC to support its crilical work in reducing youth
unemploymenl and transforniing township communities in South Africa. Afrika Tikkun operates five centres of
excellence across the county.. four in Gauteng Province {Alexandr4 Braamfontein, Diepsloot, and Orange Fam) and
one in Western Cape (Mfuleni) and a number of satellite training and implementation hubs throughout other areas of SA,
and in line with the scale strategy. These centres and hubs are located An some of the most underserved areas,
characterised by high poverty rates. limited InfraSt￿C￿re, high unemployment, and scarce access to fornial education.
The key beneficiaries of these grants are children and young people aged 2 to 35, many of whom face significant barriers
including extreme poverty, limited educational opportsjnities, unemployment, gang violence, gender-based violence
(GBV), and substance abuse. Afrika Tikkun's progrdmmes aim to address these Challenges by providing ongoing,
comprehensive support throu￿ a 'cradle-tO-caTeer 360 social support. approach. This model ensures that individuals are
guided through different slages of their development, from early chtldhood tbrough to adulthood, ultimately becoming
socially and economically empowered young adults.
Programme Structure
The work of Afrika Tikkun is organised into three major streams..
l. Core Programme5: These are focused on developing essential skills and capacities for children and youth through five
key initiatives..
Early Childhood Development {ECD): Provides foundational education and care for children aged 2 to 6, preparing
them for fornial schooling.
Child and Youth Development (Ignile): Supports children from primary school through adolescence with academic
support, life skills training. and extracurricular activ&ties.
- Youth Accelerator Programme (Level Up).. Targets young people between the ages of 18 and 21, equipping them with
workplace readiness skills. vocational training, and mentorship.
- Career Development Programme (Head Start): Offers comprehensive career guidance, skills training and developrnent,
work placement opportunities, and long-terni career development strategies for young adults aged 21 to 35.
Alumni Programme: offers continued support and mentorship, even after the young person is employed, to ensure
career progression and stability. Once in a position to "pay it forward" they in turn become mentors to the next
generation of youth.
2. 360 Social Support Programmes: These services are designed to complement the core programmes by addressing
broader social challenges. such as:
Primary Health Care.. Provides basic health service5, ensuring children and youth are physically healthy and able to
participate fully in educational and developmentsl activities.
Family Supp)rt Service5- Offers counselling, family interventions. and social services aimed at stabilising home
environments.
Nutrition and Food Security.. Ensures that the children and famili¢s participating in the programmes have ar¢¢ss to
nutritious meals.
360 Social Support & Empowernient: This initiative encompasses a range of services fo¢us¢d on holistic
empowerment, including mental health support. so¢ial protection, and community outreach.
3. Scale-up Initiative: Afrika Tikkun has embarked on a strategy to expand its $u¢cessful "Cradle to Career 360
Programme,, scaling up its impact across other regions in South Africa. This initiative s¢¢ks to ensure that more children
and youth across the country can benefit from Afrika Tikkun's model of development, moving towards broader systemi¢
change.
Financial review
Reserves policy
The Charity's aim is to maintain minimal reserves. which should be sutficient to cover its expected non grant expenditure
for at least 6 months. At the balance Sheet date free reserves amounted to £1,583,821 (2022 - £1,283.889). which covers
this expenditure.
Page 3

Do￿jS￿n Envelope ID: B3EEE15C-8F35429&84C&D05A65A81E61
Afrika Tikkun UK
Report of the Trustee$
for the year ended 31 December 2023
STRATEGIC REPORT
Futyre plans
Future plan5 for Afrika Tikkun UK aim to continue to raise funds to support Afrika Tikkun NPC in South Africa. This
will be achieved through Strengthening ¢￿￿ent partnerships, diversifying income streams. incre&8ing contributions from
new long-terni donors and increasing the awareness of Afrika Tikkun UK within the UK.
srRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Afrika Tikkun UK (the "Charity") is a Company limiled by guarantee and 15 governed by its Memorandum and Articles
of Association dated 19 May 2003.
Foundtr
The founder was Afrika Tikkun NPC, a charitable company incorp)rated in South Africa.
Charity constithtion
The charity was fornied as a company limited by guaranlee on 19 May 2003. The Company regtstration number is
04769362. Registered with the Charity Commission - Registration Number 1101556.
Method of appointment of Trustees
Trustees are appointed at general meetlngs of the Charity. One third of the Trustee5 are required to retire by rotation at
each Annual General Meeting of the Charity but are eligible for re*lection. No person other than a Trustee retiring by
rotation may be appointed or reappointed at any general meeting unless thal person is recommended by the Trustees, or
not less than fourteen days, notice has been giv¢n of the intention to propose such person as a Trustee.
Org4nisAtionAI structure
Material decisions of the Charity are taken by the Board of Trustees. The day to day running of the Charity is managed
by the CEO, Carol¢ Day and the charity grants and development athninistrator, Rachel Kallon. The Charity has one
employee.
The Charity does not undertake any significant fundraising events of its own but usually assA$ts and participates in events
and activities undertaken by others on the basis that the Charity is named as one of the beneficiaries of the relevant
event. In the year ended 31 December 2023. virtually all of the Charity's income was derived from donations and gifts,
with a small balance from ￿ndraising activities and Investment income.
Induttjoll And training of new trustees
The indu¢tion process for any new trustee consists of an initial meeting with the Chairnian of the board Prior to the
commencement of a mentoring proces5 overseen by the chairman of the board and the charity administrator. The charity
admÈnistrator oversees the day to day management and will induct the new trustee on fundraisin& grant making. role and
responsibilities.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Afrika Tikkun UK for the PUTposes of company law) are responsible for
preparing the Report of the Trustees and the financial statements in accordance with appllcable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accowiting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a Irue and fair view
of the slate of affairs of the charltable company and of the incoming resources and application of resources. including
the income and expenditure. of the charitable company for thal period. In preparing those financial statements. the
trustees are required to
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charity SORP;
make judgements and estimates thal are reasonable and p￿dent-
prepare the financial stalements on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in business.
Page 4

Docusign Envelope ID.. B3EEE15C4F3542*84C&DOSA65A81E61
Afrika Tild(un UK
Report of the Tru$tees
for the ye4r ended 31 December 2023
STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the charitable company and to enable them to ensure that the financial statements comply with
the Companies Act 2006. They are also responsible for safeguarding the assets of ihe ¢haritable company and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustses are aware:
there is no relevant audit inforniation of which ihe charitable companys auditor5 are unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
infomiation and to eslablish that the auditors are aware of that inforn)ation.
AUDITORS
The auditors, Grant Harrod Lernian Davis LLP. will be proposed for re-appointment ai the forth¢omin8 Annual General
Me¢ting.
Rep)rt of the trustees incorporating a strategie report, approved by order of the board of trustees. as the company
directors, on .....
and signed on the board's behalf by..
H W Sinclair- Trnstee
Page 5

Do¢usign Envelope ID: B3EEE15C4F354296-84C6-D05A65A81E61
Report of the Independent Auditors to the Members of
Afrik8 Tikkun IIK
Opinion
We hav¢ audited the financial statements of Afrika Tikkun UK (the '¢haritable company,) for the year ended
31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, Ihe Cash Flow Statement
and not¢5 to the financial statements. including a summary of significant accounting polici¢s. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a tnje and fair view of the state of the charitable company's affairs as at 31 December 2023 and of its incomtng
resources and application of resources, in¢luding its income and expendlture, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirement5 of the Companies Act 2006.
Basis for opinion
We condu¢ted our audil in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
financial statements section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statemenls in the UK, including the FRC'S Ethical Standard.
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going eon¢ern
In auditing the financial statements, we hav¢ Concluded that the trustees, use of the going ¢oncem basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have perfonned, 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 ¢ontinue as a going
¢oncern for a period of at leasl twelve months from when the fmancial statemenls are authorised for issu¢.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other information
The trustees are responsible for the other information. The other inforniation comprises the infomiation included in the
Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not ¢over the other inforniation and, except to the extent othenvis¢
explicitly staled in our report, we do not express any fomi of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other infomiation and, in doing
so, consider whether the other infonnation is materially inconsistent with the financial statements or our knowledge
obtsined in the audit or otherwise appear5 to be materially misstated. If we identify 5u¢h material inconsistencies or
apparent material misstatements, we are required to d¢l¢rniine whether thi5 gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have perfonned, w¢ conclude that there is a material
misslalement of this other information, we are required to report that fa¢t. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Aet 2006
In our opinion, based on the work undertaken in the course of the audit=
the inf0m￿tIOn given in the Report of the Trustees for the financial year for which the financial statements are
prepared is consistent with the finanrial statements. and
the Report of ihe Trustees has been prepared in accordance with applicable legal requirements.
Page 6

Docusign Envelope ID.. B3EEElsC4F3H2￿84c6-D05A6SA81E6l
Report of the Independent Auditors to the Members of
Afrika Tikkun UK
Matters on Ivhich we are required to report by exception
In ihe light of the knowledge and understanding of the charitable ¢ompany and its environment obtained in the course of
the audit, we have not identified malerial misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you
if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been rereived from
branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns" or
ertain disc105ures of trustees. remuneration specified by law are not made. or
we have not received all the inforniation and explanations we Tequire for our audit.
Res￿nSibIlItIeS of trustee5
As explained rn0￿ fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the
charitable company for the purposes 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 trnstees detennine is necessary
to ¢n&ble the preparation of financial slatements thal are free from materiaj misstatement, whether due to frnud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable companys ability to
¢ontinue as a going concern. disclosing, as applicable, matters related to going con¢ern and using the going conceTn
basis of accounting unless the trustees either intend to liquidate the charitsble company or to cease operations. or have
no realisti¢ alternative but to do so.
Page 7

Docusign Envelope ID". B3EEEl5C-8F3￿2￿84c6-Do5A8SA81E8l
Report of the Independent Auditors to the Members of
Afrika Tikkun UK
Our responsibilities for the audit of the finAncial statements
Our objectives are to obtain re&8onable assurance about wheiher the ftnancial statements as a whole are free from
material misststement, whether due to fraud or error, and to issue a Report of the Ind¢pendent Auditors that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS {UK) will always detect a material misstatement when it exists. Mi5slatements can arise from fraud or error
and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the
e¢onomi¢ decisions of users laken on the basis of these financial statements.
The extent to which our PTocedur¢s are capable of detecting irregularities, including fraud is detailed below:
We have obtained an understanding of the legal and regulatory frameworks applicable to the Company and the industy
it operates. We detemlined that the following laws and regulations were most signiflcant: FRS1021FRS102 Section
IA,Companies Ath 2006, Health and Safety.
We obtained an understanding of how the Company is complying with those legal and regulatory frameworks by making
enq￿Iries of managemenL those responsible for legal and compliance procedures and the company secretary. Our
finding5 were corroborated by review of the board minutes and papers prepared by the board of dtrectors.
We assessed the susceptibility of the Company's financial ststements to material misstatem¢nL including how fraud
might occur. Audit procedures perfonned by the audit team included..
Obiaining an understanding of how those charged with governance considered and addressed the potential for override
of ¢ontrols or other inappropriate influence over lh¢ financial reporting process.
Challenging assumptions and judgements made by management in its significant accounting eslimates
Identifying and testing journal entries, with a focus on entries made with unusual accounting combinations.
Identifying and &8sessing the design and effectiveness of ¢ontrols managemeni has in place to prevent and detect fraud.
We did nol identify any key audit matters relating to irregularities, including fraud.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at W￿￿.f￿.0rg.Uk/auditOrS responsibilities. This description forn)s part of our Report of the Auditors.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at wwiv.fr¢.org.uklauditorsresponsibilities. This description fornis part of our Report of the
Independent Auditors.
Page 8

Docusign Erwelope ID.. B3EEE15C-8F3￿29￿c6-D05A6sA81E61
Report of the Independent Auditor5 lo th¢ Members of
Afrika Tikkun UK
Use of our report
This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that w¢ might slate to the ¢harAtable company's
rnembers ihose matters we are required to state lo them in an audAtors' report and for no other puryose. To the fullest
extent perniltted by law, we do not accept or assume responsibility to anyone other than lh¢ charitable company and the
ompany's members as a body, for our audit work, for this report, or for the opinions we have fornied.
Jeremy Harrod FCCA (Senior Statutory Auditor)
for and on behalf of Grant Harrod Lernian Davis LLP
Chartered A¢¢ountants
Statutory Auditors
I st Floor
Healihaid House
Marlborough Hill
Harrow
Middlesex
HAI IUD
Date..
Page 9

Docusign Envelope ID.. B3EEE15C4F35429644C&D05A65A81E61
Afrika Tikkun UK
Statement of Financigl Activities
(Incorporating an Income and Expenditure Aeeount)
for the year ended 31 December 2023
2023
Total
funds
2022
TotaI
funds
Unrestricted
fund
Restrithd
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2,138,439
804,970
2,943,409
2,547.665
Investment income
53,407
53,407
33.974
Total
2,191,846
804,970
2.996.816
2,581,639
EXPENDITURE ON
Raising funds
1?.7.121
123.121
113.504
Charitable aetivities
Charitable expenditure
1,768,793
804,970
2,573,763
2,645.643
Total
1.891,914
804.970
2,696,884
2,759,147
NET INCOME/(EXPENDITURE)
299,932
299,932
(177,508)
RECONCILIATION OF FUNDS
Total funds brought forward
1.283.889
1,283.889
1,461,397
TOTAL FUNDS CARIUED FORWARD
1,583.821
1,583,821
1.283,889
The notes forn] part of these financial statements
Page 10

Docusign Envelope ID.. B3EEE15C4F35429&84C&D05A65A81E61
Afrika Til£kun IIK
Balance Sheet
31 December 2023
2023
Total
funds
2022
Total
funds
Unrestricted
nd
Restricted
funds
Notes
CURRENT ASSETS
Debtors
C&8h at bank
1,458.527
132,582
1,458,527
132,582
.162,205
128,361
1.591,109
1,591.109
1,290.566
CREDITORS
Amounts falling due within one year
12
(7.288)
(7,288)
(6,677)
NET CURRENT ASSETS
1,583,821
1.583,821
1.283.889
TOTAL ASSETS LESS CURRENr
LIABILITIES
1,583.821
1.583,821
1.283.889
NET ASSETS
1.583,821
1,583,821
1,283,889
FUNDS
Unrestricted funds
13
1,583,821
1.283,889
TOTAL FUNDS
1.583,821
1.283.889
The fina
ia
statements were approved by the Board of Trustees and authorised for issue
. and were signed on its behalf by:
on
50845A22961B4FB...
H W Sinclair- Trustee
The notes fomi part of these financial statements
Page 11

Do¢u5ign Envelo￿ ID.. B3EEE15C-8F35429644C&D05A65A81 E61
Afrik4 Til(kun UK
Cash Flow Ststemenl
ror the year ended 31 December 2023
2023
2022
Notes
Cash flows from operating aelivities
Cash generated from operations
(49,186)
{858.527)
Net cash used in operating activities
(49,186)
(858.527)
Cash flows from investing artivities
Interesl received
53,407
33.974
Net cash provided by investing activities
53,407
33.974
Change in cash and eash equivalents in
th¢ reporting period
Cash and cash equivalents at the
beginning of the reporting period
4,221
(824,553)
128,361
952,914
Cash and e#sh equivalents at the end of
tbe Teporting period
132,582
128,361
The notes forni part of these finan¢ial statements
Page 12

Docusign Envelope ID.. B3EEE15C4F35429644C6-D05A65A81E61
Afrika Tikkun UK
Note$ to the Cash Flow Ststement
for the year ended 31 Deeember 2023
RECONCJLIATION OF NET INCOMEI(EXPEIYDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2023
2022
Net ineomel(expenditure) for the reporting period (as per the
Ststement of Fin4ncial Activities)
Adjustments for:
Interest received
Increase An debtors
Increase in Creditors
299,932
(177,508)
(53,407)
(296.322)
(33.974)
(648,922)
1.877
Net cash used in oper¥tions
(49.186)
(858,527)
ANALYSJS OF CHANGES IN NET FUNDS
At 1.1.23
Cash fiow
At31.12.23
Net cash
Cash at bank
128.361
4,221
132,582
128,361
4,221
132,582
Total
128.361
4.221
132,582
The noles forni part of these financial statements
Page 13

Docusign Envelope ID.. B3EEE15C-8F354296-84C&D05A65A81 E61
Afrika Tikklln UK
Notes to the Financial Sialements
for the ye4r ended 3J December 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, whi¢h is a public benefit entity under FRS 102, have been
p￿pared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts fftn a¢cordance wilh the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial Reporting Siandard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial slalements have been prepared under the historical cost
onvention.
Going concern
The financial statements have been prepared on a going concern basis. The Trustees have reviewed and
Considered relevant inforniation in making their assessment, in parti¢ular the expected fixed costs due to be paid
by the entity over a period of time. and compared it to the general unrestricted funds held by ihe entity. The
trustees have con¢luded that they can continue to adopt the going concern basis in preparing the annual report
and a¢¢ounts.
N#ture of income
Voluntary income and donations is recognised in ihe statement of financial activities (SOFA} on a receivable
basis. when the charity h&8 entitlement to the receipt, any perfonnance conditions attached to the item(s) of
income have been met, it is probable that the income will be received and the amount can be measured reliably.
Interesl on fund5 held on deposil is included when receivable and the amount can be measured reliably by the
harity . this is nornially upon notification of ihe interest paid or payable by the Bank. All incorne is accounted
for gross. before deducting any related fees or costs.
Income recognition
Income, whether from exchange or non exchange transactions. is recognised in ihe stat¢rnent of financial
athivities (SOFA) on a receivable basis, when a transaction or oiher event results in an increase in the charity's
assets or a reduction An its liabilities and only when the charity has legal entitlement. the income is probable and
can be measured reliably.
Income subject to tern￿ and conditions which musi be Met before the charity is entitled to the resources 15 not
recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
Recognition of liabilities and expenditure
A liability. and the related expenditure. 15 recognised when a l¢gal or construclive obligation exists as a rcsuli of
a past event,and when it is more likely than not that a transfer of ecoy)omir benefits will be required in settlement,
and when the amount of the obligation can be measured or reliably estimated.
Liabilities arising from future funding commitments and construclive obligations, including perforn]ance related
granls, where the timing or the arnount of the future expenditure required to settle th¢ obligation are uncertain,
give rise to a provision in the accounts, vAJich is reviewed at the accounting year end. The provision is increased
to reflect any increases in liabilities, and is deGreased by the utilisation of any provision within the period, and
reversed if any provision is no longer required. Thes¢ movements are charged or credited to the respective funds
and activities to which the provision relates.
Allo¢4ting eosts to activitie$
Direct cost5 that are specifically related to an activity are allocated to thal activity. Shared direct costs and
5UPPOrt costs are apportioned between activities.
Support costs which represenl consultancy fees are allocated directly. Support costs are allocated to th¢ aclivity
categories according to time spenl. the apportionment is analysed in the notes. Governan¢¢ costs compromise all
¢o$ts, involving public accountability of the charity and its compliance with regulation and good practice.
Governance costs are allocated to expenditure on charitsble activities.
Page 14
continued...

Docusign Envelo￿ ID.. B3EEE15C-8F35429644C&D05A85A81E61
Afrika Tikkun UK
Notes to the FiDgnci21 Statements- continu¢d
for the year ended 31 December 2023
ACCOIINTING POLICIES - Continued
Taxation
The Trustees consider that the charity satlsfies the tests set out in Paragraph I Schedule 6 of the Finance Act
2010 for UK corporation tsx purposes. Accordingly, the Charity is potentially exempt from taxation in re5peth of
income or capital gains received within categories wvered by chapter 3 part I l of the co￿ratIOn Tax Act 2010
or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied
exclusively on the specific charitsble objects of th¢ ¢harity and for no other purpose. Value Added Tax is not
rwoverable by the charity, and is therefore included in ihe relevant costs in the Statement of Financial A¢tivities.
Fund accounting
Unrestricted funds are available for use at ihe dis¢retion of the trustees in furtherance of the general objective5 of
the charity.
Designated funds are unrestricted funds eamiarked by the TTUSt¢es for particular purposes.
Restricted funds are donations subjected to reslrictions on their expenditure imposed by the donor or which the
donor has specified are to be solely used for particular areas of the charity's work or when funds are rnised for a
particular purpose.
Further explanation of the nature and purpose of ea¢h fund is included in the notes to the finan¢ial statements.
Foreign eurrencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheei date. Transactions in foreign Currencies are translated into sterling al th¢ rate of exchange ruling at
the dale of transaction. Exchang¢ differences are taken into account in arriving at the operaling result.
Pension costs and other post-retirement benefits
The charitable company operate5 a defined contribution pension scheme. Contributions payable to the charitable
company's pension scheme are charged to th¢ Ststement of Financial Activities in the period to which they relate.
Risk management
The Twstees have a duty to identify and review the risks to which the Charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Allocating costs to activities
Direct costs that are Specifically related lo an activtty are allo¢ated to that activity. Shared direct Costs and
support costs are apportioned between aclivities.
Support costs whiGh represent consultancy fees are allocated directly. Support costs 8re allocated to the activity
categories according to time spent. the apportionment is analysed in th¢ notes. Governance Costs compromise all
costs, involving public accountability of the charity and its compliance with regulation and good practice.
Governance costs are allocated to expenditure on charitable activities.
Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
Grnnts payable
Grants are provided for when approved by the trustees. Grants payable are paymenls made to Afrika Tikkun
NPC in the furtherance of the charitsble objecls of the Trust. In the case of an unconditional grant offer this is
a¢¢rued once the recipient has been notified of the grant award.
The notification gives the recipient a reasonable expertation that they will receive the grant.
Grants awarded ihat are subject to the recipient fulfilling perforniance conditions are only accrued when the
recipient has been notified of the grant and any remaining un￿lfIlled condition attaching to that grant is outside
of the control of the charitable company.
Financial inst￿MentS
Page 15
continued...

Docu6Ogn Envelope ID.. B3EEE1SC-8F3￿2g&84e&O05A85A8lEsl
Afrik4 TildLun UK
Notes to the Financial Statements - continued
for the year ended 31 December 2023
ACCOUNTING POLICIES- continued
Risk management
The ¢1￿1ty only has financial instruments and liabilities of a kind that qualify as basic financial instruments
which include grants payable and cash and cash equivalents. Basic financial instruments are initially recognised
as transaction value and subsequently measured at their settlement value.
Winding up or dissolution of tht th&rity
If upon winding up or dissolution of the Charity there remain any assets, after the satj5faction of all debts and
liabilitles, the assets represented by the accumulated fund shall be transf¢￿ed to some
other charitable body or bodies having similar objects to the charity.
SigDificance of financial ins¢Thments to the charity's posilion
There are no signifi¢ant financial instruments held by the charity.
DONATIONS AND LEGACIES
2023
2022
Donations
Gift aid
2,936,850
6,559
2,547,665
2,943.409
2,547,665
IIYVESTMENT INCOME
2023
2022
Deposit ac¢ount interest
53,407
33,974
RAISING FUNDS
Raising donations #nd legaties
2023
2022
Staff costs
Consulting
37.468
85,653
16,008
97,496
123,121
113,504
CHARITABLE AcfiviTIES COSTS
Support
costs (see
nole 6)
Dir¢ct
Costs
Totals
Charitsble expenditure
2.558.258
15,505
2,573,763
Page 16
continued...

Docusign Envelope10.' 83EEE15C-8F3￿296-84c6-DoSA65A8lE8l
Afrika Tild(un UK
Notes to the Financial Statements- continued
for the year ended 31 December 2023
SUPPORT COSTS
Governance
¢osts
Finance
Totals
Charitsble expenditure
6,862
8,643
15,505
AUDITORS, REMUNERATION
The auditors, remuneration for the year ended 31 December 2023 - £4.800 (2022 - £4,800)
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remun¢Tation or other benefits for the year ended 31 December 2023 nor for the year
ended 31 December 2022.
Trustees, expenses
There were no trustee5' expenses paid for the year ended 31 Decernber 2023 nor for the year ended
31 December 2022.
STAFF COSTS
2023
2022
Wages and S￿arleS
Social security costs
Other pension costs
33.333
790
3.345
16,008
37.468
16,008
The average monthly number of employees during the year was as follows..
2023
2022
Employees
No employees received emoluments in excess of £60,000.
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL Acfivl￿Es
Unrestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,289,388
,258,277
2,547,665
Investment income
33.974
33,974
Total
.323,362
1.258.277
2,581.639
EXPENDITURE ON
Raising funds
113,504
113,504
Charitable activities
Charitable expenditure
1,387.366
1,258,277
2,645,643
TotAI
1.500.870
1,258.277
2,759.147
Page 17
continued...

Docusign Envelope ID.. B3EEE15C-8F3542￿84C￿1￿5A8sA8l E61
Afrika Tikkun IIK
Notes to the Finaneial Statements - ¢ontinued
for the year ended 31 De¢ember 2023
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted
Restricted
fund
funds
Total
funds
NET JNCOMEI(EXPENDITURE)
(177.508)
(177,508)
RECONCILIATION OF FUNDS
Total funds brought forward
1.461.397
1,461,397
TOTAL FUNDS CARRIED FORWARD
1,283,889
1,283,889
DEBTORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other debtors
Prepayments and accrued income
1,458,527
778,770
383,435
1,458,527
1,162,205
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditors
Social security and other taxes
Other creditors
AccNed expenses
250
1,004
214
5,820
536
321
5,820
7,288
6,677
13.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
1,283.889
299,932
1,583,821
TOTAL FUNDS
1,283,889
299,932
1,583.821
Page 18
continued...

Do¢US￿n Envelope ID.. 83EEE15C-8F354296-84C6-D05A65A81E61
Afrik4 TildLun UK
Notes to the Financial Statements- continued
for the year ended 31 December 2023
13.
MOVEMENT IN FUNDS- eontinued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in fimds
Unrestrieted funds
General fund
2,191,846
(1,891,914)
299,932
Restricted funds
Agripreneurship
Core - ECD/CYDIYAPtNutrition1360
Social Services
Technology Transforms Lives
Belron
The Duke of Edinburgh International
Award Initiative (DOEIA)
Virtual SOBC Merchandise
Capex
77.802
(77,802)
111.313
321.872
12.263
(111.313)
(321.872)
(12,263)
48,339
224.093
9.288
(48.339)
(224,093)
{9.288)
804.970
(804.970)
TOTAL FUNDS
2.996.816
(2,696.884)
299,932
Comparatives for movement in funds
Net
movement
in funds
At
31.12.22
At 1.1.22
Unrestricted funds
General fund
1,461,397
(177.508)
1,283,889
TOTAL FUNDS
1,461,397
(177,508)
1,283.889
Page 19
continued..-

Oocuson Envelope ID.. B3EEEl5C4F3542￿c￿DOSA65A8lE6l
Afrika Tikkun UK
Notes to the Financial Statement5- continued
for the year ended 31 December 2023
13.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movemenl
in funds
Unrestri¢ted funds
General fund
1,323,362
(1,500,870)
(177.508)
Re8trieted fund5
Agripreneurship
Core - ECDICYDIYAPINutrition1360
Social Services
Technology Transforn)s Lives
Sustsinable Solutions
Belron
Salesforce Training & Licenses
The Duk¢ of Edinburgh Inlernational
Award Initiative (DOEIA)
KZN Relief Fund
Virtual SOBC Merchandise
Grow FOT Life
1,689
(1,689)
42,489
180.907
498,499
35,217
21,940
(42.489)
(180,907)
(498.499)
(35,217)
(21.940)
52,040
2.500
4,441
418,555
(52,040)
(2,500)
(4,441)
(418.555)
1,258,277
(1,258.277)
TOTAL FUNDS
2.581,639
(2,759.147)
(177,508)
Restrictsd funds:.
All sites ECD
Early Childhood Development at all sites operated by Afrikh Tikkun NPC in South Africa
369 Social Services
A core aspect of Afrika Tikkun's service provision, the 360. programme provides health, social and psychosocial
as5iStahce to beneficiaries.
Te¢hnology Transforms Lives
Technology Transfomis Lives is a programme dedicated to providing young people wtth Technology and IT
skills (through accredited training) while simultaneously pairing students of this course with industry professional
in a mentorship relationship.
Core - ECD/CYDIYAPINutrition1360 Social Services
Core Programmes.. These are focused on developing essential ski115 and capacities for children and youth through
five key initiatives:
Early Childhood Development (ECD)= Provides foundational education and Care for children aged 2 to 6,
preparing them for fornial schooling.
Child and Youth Development (Ignite): Supports children from primary school through adolescence with
academic supporL life skills training, and extraCu￿1¢ular activities.
Youth Accelerator Programme {Level Up): Targets young people between the ages of 18 and 21, equipping
Ihem with workplace readiness skills, vocational training, and mentorship.
Career Development Programme (Head Start): Offers comprehensive career guidance, skills training and
development, work placemenl opportunities, and long-tern) career development strategies for young adults aged
21 to 35.
Alumni Programme: offers continued support and mentorship, ev¢n after the young person is employed, to
ensure career progression and stsbility. Once in a position to "pay it fonyard" they in turn become mentors to the
next generation of youth.
Page 20
continued..

DoC￿l9n Envelope ID.. B3EEE15C-8F3542￿84cfvDOSA65A8lE6l
Afrik4 Tikkun UK
Noles to the Financi81 Statements- continued
for the year ended 31 December 2023
13.
MOVEMENT IN FUNDS- continued
Belron
Core Funds
Salesforce Training & Lieenses
Additional licenses and training for our CRM system
The Duk¢ of Edinburgh International Award Initiative (DOEIA)
A programme to assist young people in developing their skills. improve their physical wellbeing. engage in
community service and challenge themselves by undertaking an adventurous journey. The initiative is aimed at
providing young people with equal opportunities to enable them to have every chance at success regardless of
their background or socioeconomic status.
KZN Relief Fund
Provide relief to small business after they were flooded.
Sustainable Sollltions
Future sustainability of the organisation through Food Security, digitisation and Scale
Virtual SOBC Merehandise
Merchandis¢ provided to those who took part in the SOBC Round the World Challenge at the Afrika Tikknn
entres.
Grow for Life
An initiative that provides ¢hildren and young people with the opportunity to get involved in the sustainable
outdoor sector. l} Garden to Kindergarten (G2K) which targets young children aged 2-8 and teaches them in the
outdoor classroom about the environment, plants, colours, counting and nutrition 2) Agripeneurship foruses on
training young people on the whole circular agri economy, focusing on farming, supply chain management,
marketing, branding, entrepreneurship and sales lo help stsrt their own agri-related business or enter into an
agri-related career opportunities.
Agriprtnturship
Agripeneurship focuses on training young people on the whole circular agri economy, focusing on fanning.
supply chain management, marketing, branding. entrepreneurship and sales to help start their own agri-related
business or enter into an agri-related career opportunities.
Cap¢x
Capex are non-programmatic capital items I pu￿h￿leS that acquire. upgrade or mainlain physical assets.
14.
RELATED PARTY DISCLOSURES
During the year. fees totalling £85,953 (2022: £84,996) were payable to TAG Consultsncy UK Ltd. a company
CODtrolled by the CEO. for services provided to the charity.
Page 21
continued...

Do¢Ltsign Envelope ID.. B3EEE15C-8F3S42￿84c6-D0SA65A8lE6l
Afrika Tikkun IIK
Notes lo the Financi41 St#tements- continued
for the year ended 31 December 2023
15.
COMPANY LIMITED BY GUARANTEE
The Company is a private company limiled by guarantee and a¢¢ordingly does not hav¢ share capital. In the
evenl of the Company being wound up. the liability in respect of the guarantee is limited to £1 O per member of
the Company. The Company was incorporated in England and Wales and inforniation relating to the registered
office addr¢$s can be found on Page l.
Page 22