REGIST￿ COMPANY NiIMBEIL. IM769361 (K*£land •nd W*l¢s) REGIstE￿ cll1R￿y NUIIBEIL IJD1S56 fot Afrlk• llkkum UK Grnni Hvrod L¢m￿n Davis LLP Sotytory A￿litOrS Se¢oThl Floor. Ki￿1&￿d Ho 11-15 PeteknuBh Rotsd Middle5CX HAI 2AX Afrlkl Tfftkun UK tslntents ofthe FJn*bdAI Ststewnts f•r tkeyear ¢lld￿ 31 DeE¢M1￿ 2Q24 Rtport •fthe TrMt4¢1 2 to 4 Rtport •f Ind¢petht Audltsrd io li 12 13 10 20 AfnTrx Tlkkun UK Ref¢rente and Ad•lDlstr*tlve Det￿1$ for ¢br ytsr tnded 31 Deeenthr 2024 TRUSTEES G Lubttr CEO E B¢inart Chief Exffutive L Bergnwn M￿￿geMent Con5uli&ol K Dt GikY-FOrno￿k CEO J A jul)￿ Barri5t¢r N Olsha SolKitor W Sin¢l&ir Chartered Aecourttant IS¢xth Afrie&) COMPANY SECRETARY Sionel)aBe Fl¢min8 Servitts Liini*d REC￿ERED OFFICE 1st Floor Hcalthaid House klarlbowugh Hill Harrow iddlegex HAI IUD REGISTERED CONIPAYY I%UMBER IM769362 (Et)814Th1 and Waks) REGisfERED CHARITY iIMBER 1101536 AUDITORS Grarn l.1grrod Lemn Dayis LI Chartercd Accounthnts Sthwlory Audito S¢wnd FIOOT. Kirklaod Howe 11-1 S Paert￿￿￿gh tioad Harrow Middlcs¢x HAI 2AX BANKERS Barclays Bw 68 Evington Rd Leic¢sl¢r LE2 IHJ Chkf EJetutlve onlter Carol¢ thy DeVelOpn￿￿t and CraAts CoordLoAtor Rachel Kallon Pag¢ I Afrlka T5kkun UK Report ofthe Trus1¢ rknr thE ytsr tndod 31 DEtEnther 21b24 TILLb In￿'t&￿% llrL' 2150 direC￿[S oi the Llkryrily for thc pwp(JsL% of thc CuDwunics Act 2QUA thLir Thyort Ihc fin3ncial StaLLY￿￿t5 (Trt'ihc charity. for thc ycur cnd¢d 31 Drcember 20?4. Thc Bdoprcd thc provi.¥i(m% of Acoounling iiTxI Reporting by CIMriri¢5: Stat¢nwt of RLTOlllm¢Ethd Prnotice •pplirLbl¢ rharitiE5 PW¢Ehiring their accounts in a¢cffdnnce wilh ihe Fiiiancilll iieponing Stsndard applicable tn ih¢ UK and Rcpublic of Irdiind (FRS 102) (¢ffL*livc l January 2019). OWECTII'ES AI%D Acfii'iTIES Ubjeelives 8rtd aln Afrikn TTri UK cxi.4L4 to adkwKc ihc r¢licfofpoY¢ny und thc pnynotithn of cduc4llion ond dcvclopmcnl wTh)ny undcr seTred commmniiies in Souih Africa. The Chariry a¢hieve5 ihis by rni5ing for Afrika Tikkun NPC. 115 fouThJing and principal delivery pnnner based in Souih Africa. Afrtka Tikkun Nif. implcmcnty int¢￿ted 'Crndlc ty Cur¢¢r 3fi0.' dCYclopo￿￿I nKid¢l th41 crynivcr5 }ffjung pcoplc aged 2-35 to b￿￿rne e¢onom¢cally active ¢irizens. The charl￿+S focus ams incliide early ch(Idhood d¢i'elopm¢ni. cthdemtc and life skills $upwrt, b￿allO￿al Srainin& carcer de￿lOpnty ond wraparound social s¢r¥Trces. By Th￿TkinS in ¢lw llliw￿cn1 wilh Afrikn TjkkW￿ NPC. thc Chrity cn%urtri Ihttl donatilm¥ llfc 5lTrtcxicully dcploir deepty imwiful. and Wansformative for ihe indiv7diiAls and eomn]unities tky seThY. Publle benellt Th¢ Trn4ees hav¢ wry)11￿1 with their du¢ic5 SccEiOJ) 17 01 the Chryrilie5 Art 2011. In scnin¢v obj¢rlivc5 and planning &clii'itie& they have given due consideration lo the CIMrity Commission's guidance on public benefit. particularlv with regard to alleviaiing poverty and iTnprovin8 access to ¢dÈxAtiott And opportuniiy. The TT￿stee3 renmin commtited ￿ ensuring ihat all gTanl fv￿ling SUP￿￿$ pro.ryamn*s that deli￿ meJsurable ond sustainable b¢n¢fits lo Iwln¢rabl¢ romtwlnilies, addr￿sing bolh imnxdiate Keds and lon84erni deirlopment. Voluntec Currendy. the Charity does not rely on a regular ￿￿lunteer workforce. Hoii'eyer. the impacl of its grnnls is aniplified by the dedI￿red professional teams ai Afrika Tikkun NPC, ensurins eff¢¢iive pro8ramine d¢liv¢ry Ind operniional Cir￿le￿ on tho gMu(Ml. Afrlk# Tlkkun UK Reporl of tht I'Yust¢¢% for the ytar tDdtd 31 Dtetmber Z024 STRATEGIC REPORT Aehle¥efflents and perfornthnce Charliable fjcthffttes In 2024. Afrika Tikknn UK rais¢d funds for Afrik& Tikkun NPC lo enllble thein 10 coniirnie tyansfonning towthip cornHwni¢ic5 in South Afric4L Afrika Tikkwi opcrdtcb fiv¢ cenlrcs of cxccllcncc-ttpw in (AlcuNln BrJaMfonle￿ Di¢pslooL and Or4nge Fann) and one in ih¢ IVesreTr ca￿ IMfukDi>-along with s•t¢iflle hubs arKI trllining re￿￿ in other r¢gions as pan of its Scale strnlegy. Thcsc c¢nlTaS servc highty nwginaliscd com1zx￿lI¥￿ iTrith high pjvcrty atMI unCmplo￿lll lrn'cl* Bcncfici3ric5 inrludc ehildren and yiKtth J5 face s)*emir clwllenge5 such Js po￿. violcncc. and lack oCcduclltioMI and et)wlo)ryJxni opponunitieg. Afrika TikK'un% progrdxunes address dKse barriers ihrough lis holi4]¢ frndk to Career 360• ensuring thft)ugh all life swges towanl Ixonomic independenc¢. Propr4mmt Structure The work ofAfrika Tikkun is Mnwured into thr￿ prOgra￿￿￿e slreams: l. Corc ProgrdThmcs: - EaTly Childhood Developnxnt IECD): Provides foundaliODi11 education and carc forchildren aged 2 to 6. - Child and Yoiiih Developnwnl (Igniiel: Offers ackdLllliC s￿Port and lifr skills io sthool48ed children aged 7-18 - Youth Ac¢elcraior PwgrammL' (LLwd Up): prtpares youth agcd 18-21 for the HffjrkpJAc¢. - Cdr¢er Dcvclopnwnl (Hcad Stort): 5upwwts caT¢er r¢adino45 and long.tcrm ¢nTrloyment koraw 21.35. - Alumni Programme: Ongoin8 m¢ntorship and ￿T￿r support for young profe8s?onal& 2. 360 SoLio1 Support Progr5￿. - Prim*ry Hcalth Ca - Famity Smii¢es - Nulriiion and Food Se¢ufity . Mell￿1 hL¥lil¥ pTh)teL'lithK aThl L¥wwem*nt 3. kJl¢-Up Imitwtive., - Exp￿￿ing the fr&dle ttfv Career 360" model nationally io deepen and broaden bmpa¢G at)d io drive systemic social ¢han¥¢ ucross South Afrie&. FlnAn¢i*l r¢thw The Churity ai(ns ¢0 m4intain sufficteDt reserves lo rover Tr)n-granl ex￿ndI1Ure for ai k451 six MO￿￿5. As at 31 December 2024. Ihe Chriry held fr¢c rK¢rves of £524,499 (2023.'£1,583ts21A this obieaive. Fulure Afth TTri kun UK will conlinu¢ fimdrllising to 5UPWrt AftikTr fikkwi Nirs initiati%Es. The Churity Hin￿ to stre ¢urreni pannership& diltrsify income SOUTCC4 secure neiv long4erni donor5. Imd enbaftee br￿d aM%brenes5 Èn UK STRu￿UR& GOVERNANCE AND TrIANAGEM Covernlng Afrikn Tikkun UK is a comp8Thy limiicd by i]KO4xNaled ¢)n 19 May 2(M)3 (Comyany No. 04769362) aEMI r¢gi¥tcrLxl a5 a UK ¢knrity (No. 1101556). The charl￿ is govemed by its M¢morandum and Articks of As50CifttsOt). li was founded by Afrika fikknn NPC in South Africa. Charlty consrftsilon The LIMrity was foNned ￿ a comporty Jimltrd by 8uaraniet on 19 May 21K)3. Comparty re8iStMion number Is (14769367 Rcg1s￿cd with the Charity Commi.45ion . Rttgi5trnlion Nullthr 1101556. Melhod ol •ppolithncDt of Trnito are app)inlLd at g¢rtrnl mectings of thc Ckriiy. Ont ihird of thL Trn$lee& r4uircd lo r¢tiL by mtstioft al c4ch Annual fjcnernl Mcclivg ot" thc Ch￿IlY but •rc cli¥iblc for rc.eleciion. No per￿Tr othcr thBn a Trusiec rctiring by r(*alion may ￿ appoini¢d or reappoint￿ at any 8enernl unless ihTht Pelson 15 by the Tnwee4 or fy)i kss than fouri¢en da￿ ￿11¢¢ has been giien of th¢ inlen¢iott to propose sueh person as a Trnstee, Pas¢ 3 AlrSk* Tlkkun UK Report of the I'ruilees rnr tht ytar eAded.11 Deetvthtr 2024 STRUCTiiRE. G'OI'ERNANCE AND IIIANAGEIIIEN"r Orggnlsgllongl stru¢tsr¢ The Board ofTnist¢e$ is responsible for key d¢¢isions. The d&Y4￿laY D￿Tring is kd by CEO Carok Day, sllPPOrted by RA¢hLI Kallon ((iT8nts & DL*'L4opnKmi Admirjis￿lQrj. ThL Charily Lm)ID)S 4Jnc ￿￿1T￿*MbL￿. Th¢ CThority ￿nICIpal¢￿ third-parfy l11ndra￿]n&t cvcnts. and Incon￿ 111 ?0?4 d()mli(>ns, somc ontributions from w.'enls and invcstm¢nts. Indutlloo #nd IrAininv Of Aew trn5te TNst¢¢s are appoinled at 8enernl rt*thinsr& One-third retire by rolati(bn annurylly are eligiblc for re4lection. New Irusiees ii*ei Kiih ihe Clraif and undergo an iiiduclion pro¢ess overseett by lh¢ Chair at)d ch￿71Y admini￿rniOr, TATE￿IENT OF TRUSTEES, RESPONSIBILITIES ThE tnw¢¢s (￿'hO also the dIre￿or5 of Afrika Tikkim UK for Ihe piirposes of wmpany law) ar¢ responsibl¢ for prepring ihe R¢port ofihe Truskes atxl Ihe fi￿￿la1 ￿￿teMents in accordance witl) aN)li¢Able law &ftd Unii¢d Kingdom Ac¢ounti118 S￿n￿4[1￿ (UniiLThd Kirt8￿m Cicnlrnlly AeL'L'mcd A¢¢ouThlin¥ Pra¥iice). Company law requiTe8 ihe t￿￿tte$ lo prepare fi￿in¢la[ siateinen15 for each financial y¢ar which 8ilt a InK and fair view of ihe sthie of ftffairs of the chriiabl¢ eompaiiy and of the inwniin8 r¢sources and appliC￿lon of r¢50urces. including lh¢ itsL'ome a￿1 ¢xp¢ndIiu￿'. of the chthriithbl¢ eon4)llny for PWi4)d. In prLwing thos¢ fllmnL'tal IIK, ITU51ces llrc rcquirc(I I sel¥YI suithble accounting ￿liCIeS and Iben apply them consist¢ntly; obx'rve ML.th￿S aThl principlL% in thL Charity SORP- akc judgcmcnts #nd c5tinu￿ thTht arc r￿N0￿bIC iffid PTudcnl: prepare lh¢ fina￿ ial slalernents OD rtJ¢ going concern ￿1515 unless li is inappropriate to Presu￿ ibai the ritt)bl¢ company will continue in b￿1￿C￿. Th¢ tru%iee4 re4)oAsiI)Ic fur kccping proper accounll￿￿ Tffords ii'hich di>Yl(k%C Wtih re&sonablc accuracy JI timc tli¢ fJnan¢ial posili017 of lh¢ ¢haril*ibl¢ Coinpany and io eNble rhem lo ¢i)siir¢ fhai th¢ r)nancial stalements wmply Ihe con1p1￿1¢S Aa 2006. They are also r¢sponsible for safeguardin8 Ihe assets of ihe charitable company and heJK¢ for laking rLYwndblc $iw for tht prLVLmlson and Lkteition orrrnud and other irr¢gulaTiI In so far as the ITr￿1¢¢5 are awate., IhLYL is rto TLILI'&nl aLKlit inf￿￿￿lI￿n ofwhi¢h thL' ehJrii8blc coJnpanf% &udiiOTS arL un&varc: arnl thc trustecs knve tskcn all 51ciKs Ihut thcy ouBht ￿ke￿ to thcwlvc$ airdY¢ of Hny rcknznl audil infonnaiion and to esrablish ihai Ihe nuditor8 are awiiE of ilmt TnfoTnwiion. AUDITOKS Th¢ &udiloT& Granl Howrod L¢rnun Davis LLP. will b¢ proposed for re.appointhient at ihe forthconiing Anmtal G¢nerJl Meetin RcpDrt ok the incorrrf)raiin tr4￿￿71c fCP(rt 4ppro¥rd by OFdcT of ihc IM>anl of En￿lco￿ ihc cornpuny . and signed on the bogrd's behalf by- I W Sinclair- TnL%te¢ Pa8e 4 Report ofihe Indeppndtnt Audllors th) the MrmlJL'r¥ Afrika TÉkkun LIK pinin We haNt niidit¢d lh¢ rithi￿LA1 qt?ilen)ents of Afrika Tikk1m UK (Ihe '¢lMritoble ¢ompRny) for ihe yur eiKl¢d J l December ?024 wbicl) ciJmpri$¢ Ihe SiaicnKhi of FinatKial Athitriii¢& ihe BBlanre SI￿¢L rhe Cash Flow Si&ieMeni Jnd notL¥ lu ih¢ finunLiuI 51aL.mL'nlS. in¢ludin¥ a summ4Uy of si¥nifK'unl aLL()unlin¥ p()liL'iL'S. ThL. rjndncial r%P)rting fraM￿N￿rk Ihdl hlll ￿en applicd in Ihrir PTcpJrnITnn is applicobl¢ low alld Unitcd Kingdom Accounlin8 StarxlaTds (United K¢ngdom Oenernlly Acc¢pted Ac¢ol￿ting Prncfi¢e). An our opinitrn ih¥' fin&nLi41 stalenK￿1￿. giN'c a 4nd liir %iLlV (?f thc 5tatc ot thc chaTi¢abl¢ ¢(ympanys athiTS ui 31 DcccTrthcr 2024 Dnd nl. its inLomin re￿Ir¢c$ nnd ai)pli¢otioTr of rewur¢es, inchmling lis Incon￿ expendiliire, for ihe year ih¢n ended: hll*'e b¢¢rt properly pr¢par¢d in a¢¢ordance iviili Unit¢d Kingdom Genevdlly Accepted Accuunting Prncri￿. nJ)d hav¢ in ACL'orddnce with th¢ rLWuirL'mL￿ts of th¢ Compllnies Acl 2006. B4515 for opinion 11¢ Conducted our aL￿11 in a¢¢ordaTK¢ w'iih Inlernalional SthJKlar&" on Audiiing (UK) (ISAS (UK)) and &pplicabl¢ laiv. Our responsibilili¥** Urtd¥* tho%L' arL' furfhlr deseribLMI in Au¢Jilor$' r¥sponsibili(iL% rt>r thc audit of the rinanciJl slitements secrion of our r¢port. We are indep¢ndeDt of the cknritsble cornpuny in *iccord&n¢E With the ethical requir¢men15 ihat Hr¢ r¢l¢van¢ to oiir 41udit of ih¢ fi￿nCIal *nKnls in Ihe UL incIL￿1[b8 the FRC'S Eihieal Stsndard, afftl h&ve fulfilled OiLr oilKr ethical rL￿ponsibIlItieS in accordan¢¢ with diese NNuireli￿nts. Nllc believe ihai IhLty th*dit evidu￿e WL. haNr obwincd is yuificiLnt and appropri&iL' tu providL' a b&L%is for uur ￿PIniO Conclu5ion5 rclallng tTr golng conccrn In audiling thL finbgnLial staiLmcni%. hult concludLuI thji the th1sttL%' us¢ of th¢ going cor￿ern bosi$ oracL￿￿]llIn8 in prqiardlian ofthc tinancidl bLilcnxnL% i¥ upproprittt Based on ihe work have perf￿￿ed. we l?av¢ n4X ideMif*d any ma(erial uncenainli¢s relaling 10 even￿ or condiiions L indiyidutslly or colleeiivily, may eosl signific￿£ doubt vn thc clwithble ¢4)mpaoy's obilily LQ ¢unlinuL' os a going conecrn for o ￿li)d of al librlvc rnnnth5 linm wh¢n the fina￿107 QTC 4￿h0n￿ed IOT Our respon>ibililies and ihe r¢¥Jon5ibili15es of Ihe inw¢cs WWII) goin8 concern are described in Ihe rekv8ni SL￿10[￿ of this rL'W)n. Othtr Inform4tlon The are Tesponslble for Lhe 4)dJer infmrniion. The (xher inf(mnalion co￿1prISeS the lrtforn￿[I0n included in the Annual Rcport ¢￿er Ibon thg tinllncial 51atcm¢nL% ond 4)ur Rcport of the lThlcpcndeDI Audit¥Th thcrco Oui, opinion oil ilie final￿tal ￿llen)e￿I5 doe5 N)t ￿l'cr the other Anfornutioii and, excep( lo the exkni otherwise expliciily in our repDrL w¢ do noi exprtss any forni of assurdnce cortclusion thertoll, In rorneciion with our &udii of the financinl 5¢At¢nWllts. Ouf responsibility 15 ¢0 reud the oihcr infornmtion aTrd. in doing so. consftder w'lieiher the oil)¥r infonnation is InDt¢rially tnconsistent wilh the finDncial 5taiein¢nts OT (Jur knowkdEe obtsin¢d in the audii o* oihLVWiS¢ appears io be irnleri<y missiaied. If ideniify such mllierial inconsis￿rt¢1¢s or appurcnt ￿mICri￿1 mi&%talemcni%. WL. ttrc rcqutrcd lo d¢￿rni]ne wthcthcr this givcs to a malLTinl rni451alLrncnt im the financial stawn¢nts Ihern5elk¢5. It". based on the iVOTk have p¢rfoTmrf ¢on¢lud¢ thul there is a rnaterial miSs￿lement of ilLiS Qther infornialion, ￿ are re8Ting the futhKi•l thc lftslee% tsr¢ rcgponsibl¢ for a&sessin8 ihL" eknitablc ability to nlinue as R 807nu concern. di￿1051￿5. 05 appli¢abk. nwtter5 r¢la¢ed lo going Concern u5im8 th¢ BDing concern basis of 4¢couniing unkss th¢ th￿1¢¢& either intend to li￿lIdate IIK ¢haritable company OT lo ¢eJse opeRliOllS, or have no realiuic 8l*m&ti%e do $0. Page 6 Report oftho Independent Audlior% to the Mtmbor¥ of Afrik• fikkun L K Our re5ponslbllltl¢s for ihe 4udlt of th¢ flnanclal st4lenKntS Our obj¢ciii'es are io obiain r¢asongtble assuniK¢ aboui Ihe fit)aE)cial statenKnts as a I￿￿01¢ ar¢ free f1￿M nlllLrilll missluwmLW ivhL*hLr duL ts) fraud or l'r￿r. &nd lo RLIM)n ofthc INI¢p-HdLnl Alldilors illLludi% our opinion. R￿¥01￿bIC 15 tt higih IL'I'CI of &5%urJnce. 1$ nol thttt a￿111 conth￿ted ID dce¢>rd#ncc ih ISAS (UKI wyll al4bTys dele￿ a ierial Tni5styl¢ffl¢nt when il exi515. MIS￿1¢cm¢nis %1rise from fraiid or e￿or and are c0tt5iderea maierial if. individuall} or in ihe aggregate, Ih¢y could r￿sOnablY be exp￿t¢d ￿ influence ihe Lx'onomic 4JcLiSiOnS ufwys tsketj thL ofihthc financial $tstLmL*I Th¢exteM ro ￿th1¢h ￿1[ Pr￿edureS 4lrc capi£ ble of ddccting I￿¢gU10r1IIc5, ii)cliidin8 is derailed i￿10￿￿- To i￿1￿1r> ri%ks of ￿￿￿'rIal mi5xtsIcrnLYL duc kn) fraud ("froud risks") lie ¥S￿L￿ ctrrnts or condi110￿ Lould indicatc an inccnliir Eir pro55urc Iqj commii fraud or pmvidc Op￿￿rtunIty lo COIT￿￿11 fray(L ()ur risk pnKediireg included.. - Ewuiring 4Jf otul I￿*pl￿tiOn oftM)Ikey doeumLniaiion as lo thL Lbaril￿& hi%h-IL'YL"I polieiL% #nd pN)cL￿UrL￿ io PTL Ycnt znd detect friud lyl￿theT ihLy kM)wlcdgc ot.any &elual. %wccEcd nr allcgcd frJud. - Readino B(kml n)inuie - Using an3]Nti￿[ pr4)cedures lo idenlify ony unusual Dr unexpecicd rclaliomhips Wc cO]nThM￿rUIl￿t i41¢ntificd fruud throu£houi thc &￿j)I IL¥m llTxI rcnwined any ivdicaUnn5 of frBud iliroushow the audii. A> TWulfL￿ by a￿lLIng SL4ndard& ￿. ￿rr￿mI PTtxe¢luN% Iv the rith of ts￿[[1￿. of control%. in rticular the risk ihjl munuycJMcnt m&y bg in & positivn lo makc inapprry)rialc acLounlin¥ cniric& On thi% audit i%L. do iioi belie%'e t￿[¢ ¢5 4 fraud risk" rela¢ed ro r¢venue recogniiion beca1￿ the Chariws reN'enue lrnnsa¢iions are simple 4110 loi¥ ￿alue with few, il any, judgwKnthl aspects lo reveniie recognition. W'e are JK)t aw4r¢ of any inc¢Dlives or pressures linkLd io rLVl'n￿. recognilion. Il'e did Th)1 identify any addiiional IrniKI risks, lft dLNieTmininir IhL' audit Pn)LL￿ury* kX)k accourti Ihe ￿￿115 Of our and le¥iing of 4)¢fdlin offrllud risk mthnjucrncnt control& We also perfornjed pm¢edures including ideniifying jowwil enlrie5 and ￿her adjuslmenls to t¢￿ based ott risk ¢rii¢ria l Lomparing thL ideDlIf￿ to supporting documLmthiion. ThL'se It￿[Ulk￿ th¢tsL' POStLd ￿￿*U81 acco￿[$. Idcntiiyinbb ond rospoTMling tn riqks of mJlcTial MI￿l￿teMen1 dthc lo TrJn*ompliaDce Mryih and rLylutions. We identified areas of laiys and regulaiioi)s Ihai could reasonably be expeued io hakt a nmterial effrct ihe fit￿nClaI from our ￿[￿1 t(knts￿￿c1￿l and secAor LXpCriL￿cq and IFwuugh discussion ii'iih lh¢ di￿￿.[0r8 and othLY mjiiJbT￿nCnL (&$ rc4UiTcd by Ju(Jilinu sianilard5). atld disc￿$￿e￿ ivith thc dÈrcctnr% and othcr mJnUircnK￿I thc policics And proced￿& re￿rdIng compliance wilh laws lind regulo¢ions. WL" LOJlli1Ktti￿ELd idLntifiL.d and rL'Buldlions thrnug1N￿[ iL'Um a￿1 tcTn#incd All￿ io any indiLalion5 of non.cprnpliJnLC thmughnul thc uudit. Cofflexl of Ik &biliiy of Ihe audil to ddcci fraud or breaches ofiaw or reylarion. O¥iing tn inhcrcni ItmiEatsnns nf an audil. thcrc ib an unuiYTridJblc risk thai tntty nnt Iwl'c dct4xtcd mnlcrial mi5St)I t¢￿Tr¢s in i]Le fiw4ll¢iil1 ststenKn￿. ¢￿en ihourth we PTopeTty planned p¢rfonn¢d oiw audit In accord&iiiY with audiling slandard& For emmple. the thriher rel￿$￿ed nonryc0mpli￿ee wilh laws al￿ regulaiionb is from ihe evcnts [ran￿clI￿￿ rL'IILYw.d in the financial sla¢LnL'nls. th¢ k%$ likn.ly ihL' InI￿VL￿￿y lirniied pr￿ed￿r￿ rLNuired by a￿1¢17￿￿ AYJuld idenlify IL In addtiion, as with uny audit, there ren&iined a liisher risk of iionth¢¢iion of fratKI. a5 Ihe5e may involk¢ collusion, fDrgcry. ioienlionllj timilston%. mi$rcpnyent&lions. or thL' OVL"¥ridL' of inierntsl Lonirols. Ollr a￿111 prtsttdurts d¢si8ncd th dclcct nKklcTtal miWalcmcnL We are nol Tc%yDnsiblc for prcvcn¢in¥ non￿0￿4?171￿cc or frwd und bc expecred io Ik¢e¢i Tr)R-con¥linnLt all laws ai)d re￿IllI10n> Page 7 Report of tht Inthwdent A￿lI(•r1 to thè M*mbers or Afrlkn Tlkknn UK A further doscrip¢ion ofour TC%poTL4ibiliiiL8 for tJ* audii ofthe itnthcial slklLftMls is localL￿d ott thL' Finan¢i&l RetX)fiing Council'5 ￿b$Ite nt iNTrvw.fr¢.ow.ukJauditor5rryowTri Jiliiie& This de5¢riplion fonns part of our R￿Ort of the Ind¢p¢Thlenl Audi¢ors. Use report This report is nthde solety io ihe chHritsble ns a body, in a￿Ordan￿¢ with Chapter 3 of Part 16 Df th¢ Conwnies Aci 2006. (￿r audit WO￿ lths been wlertaken so that n)ight sla* to the charikbk ¢OMp￿￿9 m¢mb¢ts ihosc nwiiern ￿,¢ Arc r•4Ui)tyl t¢) thLbm itt an &udiiors' rLyirl 8nd for no ￿lLy purpose. To thL" fulhJi cxlcnt pctrnittd by law. wc do noi accq)t OT 8￿W￿¢ rc4#)￿ibi1l1Y to an)Y>nc (Ahcr ikn thc chartlablc company and thc ¢haritable con)panls m¢mkrs as a body. for our nudlt work. for this r¢porL or for lh¢ opini0Th5 we ha*r fornKd. Jeremy Ilaffod FCCA (SeThior S￿￿tory Audiior} or Ind bchaifofGrttti HanYAI Lcmwi Davis LLP CFwtw¢d Accounlants StatWory Auditors Second Fl(x>r. Kirkland Ilouse 11-15 PeleTbortsu8h Road Middlesex IL412AX 11 L> Pa8¢ 8 Arr￿ UK s￿eMent of Aetli'ltks (Incorporntlng an and Expendi¢uTt ActOllAt) for the year ended 31 Dectrnber 2024 2024 Totsl 2023 Towl Unr¢5tyicwl fu R￿tricted Nots INCOfvIE AND ENDOWYE14T5 FROM Dornlions 4lld le8xi¢s .608.166 929.223 1537J89 1943,409 Invc5tmthi illeort 3242 3242 53.407 1.611,408 929223 1540,631 2.996,816 EXPENDfn]RE ON Raising 126?JS 126.2&S 123,121 Ch3ritllblc ¥ctlil¢le5 Charitsble 2,880.619 593,069 3.473,688 2.573.763 Tot*1 3.006.884 593.069 3.599.953 lo￿.884 Ili'COMFJIEXPENDrruRE) (1.395.476) 336.154 (1.059J22) 299.932 RECOI%CILLITION OF FUI%DS Tothl fundsbtought loN•rO 1583.821 ,583J21 1.283.889 TOTAL FUNDS CARRIED FORIVARD 18llJ45 336.154 5?4.499 .583.821 Thc ￿leS torni pwl of financial sIKt¢nThts P&8¢ 9 Acrlkth Tlkk4n UK Bal*tttt Sherf 31 DEtenther 2024 2024 Totsl 2023 Tol&l uMrL%trIL￿ liind Rcslrieied Notes CURREhY Assrrs Debiors Cash pr bank 10 .458.527 13?582 197.028 336.154 533.182 197,028 336,154 SJ3,182 1.591,109 CREDITORS An￿uThts fallis)g Wi￿￿1￿ one year (8.683) (8.683) (7,288) ET CURRENT ASSETS 188J45 336,154 524.499 l.S83,821 TOTAL Assyfs LFSS CURRENr LIABILITIES 188J45 336.154 524.499 1.583,821 'rr Assrrs 188,345 336,154 ?24.499 1.583,821 12 Unreslricial thnds Restrieied fjJThlg 188J45 336.154 ,58.1.827 TOTAL FUNDS 524.499 1.583.8?1 The fJn1in¢inl iaien%nis_wfre approved by ihe Board of Trus￿$ 8ftd authorised ft•r issue on .￿..￿￿￿...¥O26tsnd signed on Its bebalfby: H W Sinclair- Trwtee The notc8 torm p&rt of the￿ financial 4tsicrncnts Pa8e 10 Arr￿ UK Caih Flow Statement ror tht ytlr ertdtd 31 De¢tmbÈr 2024 2024 2023 Notes Cosh gert¢athl from operMAoA4 397,358 (49.186) Net ¢4sh prnvidcd byl(w5¢d ID) Ope￿iDE artivitivs 397J58 (49.186) Cash Ilows from InYe#ln8 #ttMd# Inler¢51 received 3242 53.407 Nd L*sh pyovided by Ill￿$11￿# acliviiies 3242 53.407 the re￿￿￿8 ptriod CAsts and ¢ash equlYaleDts ￿ Ibe ¢8IDnkni of the T¢￿TlIng perknd 4221 l32582 128J61 C4sb •nd task eq•lvaleDts at Ihe of the r¢pordw% wlDd 533.182 131582 Pa8ell Arrfk# Trkkun IJK Notm to tbe Cash Flow Staltment for the yttr ended 31 D*ttnkn 21124 RECONCILIATION OF NET {EXPENDrruREyINCOME TO NET CASH FLOW FROM OPERATING AC11￿TIEs 2024 2023 Net (expendlturtylncon* lor the reportkng porl•d Iw per the ststellK*of F1M•nd￿ ActMrfts> AdJu¢wDts for Inlcrut z¢cciv {1.059,322) 299932 (3242) 1.458527 lJ95 {53.407) (29fjJ22) Incmse in C￿￿1￿)1$ Ne¢ proymled b)'l(v%¢d In) op¢ratlons 397J53 (49.186) ANALY515 OF CHANGF3 IN Nrf Fu￿D$ At 1.1.24 C&sh flow At 31.1124 cAsh Cask al bank 41KI.600 533.182 11?.58? 533.182 Tot•1 132J8? 4(M)ffiOO 533.182 The fonn p&rt ofth¢s¢ fmancial Page 12 Afrlkth Tlkkun UK Notes to ihe Fi#*Mel*l Stalomcnts lur tho yethr ended 31 Dec*rnb￿r 2024 ACCOUNI'INIC POLICIES BwJi5 of p¥¢p#rlng Iht financial stthlemenls The financÉal slaiemenis of lh¢ chRrtlabl¢ Idiich is a public b¢n¢fil enlily under FRS 102. liav¢ IKYn prLIyuTLd in a(cordanL'L wilh ilK. ChthTILi￿ SORP {FRS 10?) 'Ac¢uunlins and R¥l)OTlin¥ by LThthriliL*: Sl&lLN*nl f RccDmnwndcd PrdCiiQe applicablc lo charli1￿4 preparing thcir acLounL4 in 2ccDrddwc thL FinaTKial Reportins Stllndafd applic14 ble in lh¢ UK ¢lnd R¢publi¢ of Ir¢11nd (FRS 101) (etfecliv¢ l January 20191.. rinnncial R¢portiiig Siandard 10? Ylke Financial Reponing Standard applicable in ihe UK and Rep￿bIlL or IrL'lat¥f and the CompaDie.% Act ?006. T1￿ linanetal knve bcL'n prLTtrLd undLY th¥ hisloricdl Lwbl The preseniarion ¢urrency of ih¢ ftiian¢iii I is rhe Pound Sterling (£1 and figutes hai'e ￿¢11 rounded lo . ocaru￿ %tholL pouild. Colng ¢onc¢rn Tlie fin&n¢ial s￿len￿￿1$ l)awe prepkred oti a goirt8 ¢oft¢¢Yn basis. The have rcvieu'ed ènd considL'fL.d TC1c￿nt lnfthrn￿IIOn in rMkiTrb¥ ih¢ir #￿X￿&T￿.￿t. in p#rtirular thc cxpCci￿ fixed Cl￿1$ duc io be pntd by the entilv ov¢r EL pcriod of time. and comparcd it to the me]krnl unre5trict¢d fund8 held bv the entity- The usiees hilye ¢on¢luded thai Illey Clq li ¢Ot)liillie to adopi t1￿ goin8 co1￿¥￿r￿ basis preparing the annujl r¢pori at)d ll¢¢ounts. N9￿re of Income Voluiilary income llnd donalions is Teco8nised ohe Stalen￿nI or rJn¥ill¢i111 aclii'ilics IsofA) on a rec¢l￿ble is. %thL'n ihe LI￿rilY h&% L'niiiliTh'nl to fL¢¢i￿ tmy ￿rfOrMance LtJndilioTJ% Jllachc4110 lh¢ ilL4n(¥) ol. Énc()mc lui'c bcLn li is probahlc that ihc I￿{)￿)C will bc rcccivcd Jnd thc ami)unt f4n IK mwiurcd reliably. lftter¢si otb fijnds held on d¢posit As included i%h¢n rethi'able and Ihe anx>uni ¢an be nw1¥ sured reliably by ili¢ chariiy ' Il)is is nom)ally upon noiifi4TA lion of tlK In1¢re￿ paid or pay.thlt bv the B1< nk, All incoine is accounted ror gr0￿S. bL(ory' dlxlutiing rLIttiLd fLL¥ or CO￿S. Income recognition In¢ou*, wb¢thr from exelthtttse or nort e.xehartge transaciions, 15 reCo￿ls¢d in ￿81¢i￿ni or rinaneial aclii'itic% ISOFA) 8 i¢ccivablc b&%i5. ¥ tr￿￿Ction or othcr cvcnt Ytsults an in thc ¢hJrily'x assets OT J reduction in IL4 liobilities and only ￿'he￿ the ¢hTrTity has logol enÈit1¢m￿t, thc irKomc is probable and can be measured r¢liabl>. Incnmc Nuhjccl Icrnity dnd condilioTLS which bc Fnci bcfvrc t1￿ churiL> i?1 cn¢itled to thc reS￿rEC5 is nol recognised until th¢ conditions hnvc bcen Tnet, All inLoffte Is ice0￿nted for gros& before dedu¢iing any r¢lak4 fel￿ or costs. R¢¢o8nltlon of Uablllll¢s expenditure A liabilily, and t1￿ relalid ¢xp¢ndiliire, is reLogrtised wlK't) o leo21 or collslcuciitre oblipiion exis1$ a> a resuli or pasi whL'n li i* morv likclj Ihon not ikni u lrnnsfiy or￿OnoMIL bLI￿rIts ￿ll11 ￿. r¢quired in SL1ilw￿l1. and the Qmounl of d)¢ obligaiion cun be mejsured or reliably eStimJl￿. Liabililics arising f¢LXll funditsg ¢ornn￿￿L￿tS and ¢OnSlrncii%e obli8alions, itKluding p¢rfornthnc¢ rel&t¢d gtanL%. whLrc Ihe timin8 or Ihc omuuni ofthe Culure LXPL*ndilUtc rcqiiiTL'd io ￿lilL4 IhL' ¢Jbliyiion a￿. unccrfai give rise to a PTON'ision in i]￿ accounts. Ml)ich is revi¢wed al the 4¢￿11ng year end. The provision is ifftcrell￿d r¢fle¢i aijy incr¢￿5 in liabilili¢s. is de¢r￿Sed b), lh¢ ul1lisalio￿ of any Provision P4iihin t￿ petiod. and revers¢d ifany ph)Vi5itsrt is no IDnger required. These iTh)i'ements are charged or cr￿lIed io the re*eciAve I'unds Allo¢aling rosts lo *¢tlF'hlcs DirL*t Costs" Ihai arc *PL*iI-tcally tel￿Ld lo an ￿lIVILy #Te 411oculLYI ￿ thal aclivii). SharLd dirl￿,{ COSL¥ aThl $upp)rt costs arc ￿p￿Tti￿nCd aclivitics. Pase 13 contin1￿,. Afrtk¥ T1￿k￿0 UK Notes to the fiu•MelAI StAte#￿￿ts- tonthiued fur year ended 31 Decenthr 2024 ACCOUNTlh'G POLICIES- eontlnued Allo¢adng Costs to #¢th4tie$ Support CO)15 %fvhich represent co15wlmnoy fees are allL)trdied dir¢cily. Support CQbXs are allocated lo Klivily IcwiLS arLtsrding ID limL' SPLIIL thL' aPPOrtLonmLblli a￿1*S¢￿ in ih¢' (iOVL'rnatK*b c4)sts compmmi%¥ 411 C4XSL% in>olTrillg public a¢¢ounlxhilily Dr ihc chdril)r Jnd IL¥ con4)liLU￿.C With re￿latiOn aThl pr4ctic¢. GoTrErnanre costs •ire HIlcul￿Trd io expendlftire charinble arlivilies. The Trustees consider thal the charity ￿tISfieS the te•s Sel oui Paragrnph I Scheduk 6 of the Ftnance Acl ?010 for UK corponiioii lax purp)se& Accordingly.. Ehe C])arAEy is poierbiially exemtm from Mxaiton in r¢s￿l DI inconk 199,932 Pa8e 18 Arrikl Tlkknn UK Notu lo iht Flnanelal Stattmtnts- ton￿￿￿ed r•r the yeur taded 31 IkcEnther 2024 12. J¥IOV ÉIII£NT IN FUNDS- ootsllnued Re&trlrtrd funds:_ All $lte$ ECD Early CbildliL*xI tki'elopment ai all siies ts￿￿1ed by AfriLI Tikkun NIPC itt Souili Africa 360 SD¢lal Sorvice A Core aspect of Afrika Tikk'iin¥ servi¢¥ PTOI'is*Jn. the 360. programm¢ pro￿ld¢S henlih. social and psJthoso¢iii I as5islaiic¢ 10 IK'Kficiaries. T¢¢hnology TrAnsformx Lh'e5 Technolo8y Trnnsfony)5 Lii'es is o proBramiyie dedicaied io prnyiding young peopk wilh T¢¢bnology And IT skills (through accrediied tr4111Lngl wliile sin)ulthntousl>' pairing SludL*￿ of Iliis Course ￿)[11 it]d￿liY professional in a r¢latinnthip. Core - EeO1CYDIYAPI￿lltrft1OPJ36o Soclal Stryltes CorL' Pro0rd￿L's'. ThL"&L ttfL' focu￿.￿ L)n &.%'clopin¥ L4senlial &kill&" st￿ CA￿tIlle% for ¢hildrLn ywh throug five ke)1 initiall￿%$. Early Childhood Developmenl (ECD).. Provides fOl￿d￿tiO[￿l ¢4u¢atioii and nre for children aged 2 10 6. preprI￿g It￿￿) for fonnttl sel￿011￿8, - CThild fmd Youth DL'vL.lopmcni (IwiilL): SupporLS L.hildnm from prirnary &Lhool thn)ugh 4d0k.srej￿c svith gcadenii¢ 511ppon. life skills Iraining. and eXtr4¢urrl￿1aT octiviri¢5. - Youih Acceleralor Progrnmine (L¢trtl Up).. Targ¢ts yQU))g people b￿ween ilie ol 18 and 21. wvipping Iheitt wilh *Y)rkplu¢¥ ttadiiiess skilL4, I'l￿￿1110nal 1rdirti￿. and menrorsliip, CarLXY DevLIopHtLYiI PTogrdmnK' (HL4tsd Swrt}: Onirl th)rnpfLhL'll.Sivc LiifLir ¥uiduncw Skills lrninints dev¢1opni￿L ivork pla¢ernenl opportunities. and long-iemi ¢nr¢¢r (kiflopnrnt 51ntEsie5 t-or YOU￿ adulis aged 21 to 35. Aluimi ProgrnJMW: orr¢rs ¢OTilinucd xipporl artd itteniorsliip. ¢￿￿n after tli¢ yolln¥ person is elw10ye￿ io e]k%uN" idri*'r prog￿%$1￿n arAI.swbilily. OnLC in & PO>ilion Lo'pay it fon*EMI" IhLy in lurn bLThcomL mLYiloT$ 14) nexl generation of voulh. Ilelron COTC Fun&. S￿¢$fore* TYAlnl#8 & Uctnses Athlilional lie¥n￿ and trdiiiing for tsur CRM sy4luA The Duke of Edlnburgh Intcrnailonal Ai*ard Imltlailvc (DOEIA) A progrthrnmL' 10 Iik%igl wung pL￿pk. in ￿￿￿10p]ng IhL'ir %kill% irnprtsvL' Iheir phy.4iLal WLI11￿1n￿. l￿gag¢ in COTnniuThiiv and chullellge thcTrL5cIvvi by undcrtukinsj an advenlumus journ¢v. Ttr￿ inilialivr is aimcd proi'idi]w yoiing p¢ople wryih ¢qval oppominiries w enabl¢ them lo ￿7ve every ehance SUCC¢&5 regardless of Iheir backgfound or so¢io¢¢onomic slalus. Su5t8lnalAe Solutlon5 Fiithre suslaiflithilry of ihe organi5iltion thr￿Lsh Food Sethiriry. digitisa¢ioi) and Scnle tual 50BC hlereh*ndl% MeKhandise provided to Ihose look part in the SOBC Round World Challenge 4t Ik AfnTra Tikkun centres. GroiTr for Llf An iiiiiiaiive Iliai provides Children und young peopk will) I1￿ opportuniry ro gei irti'olved in ihe susiainable ouidoL)r secior. l) Garden lo Kil￿et8&￿t￿ IG?Kl Ivhieh Y￿Ing childLYn aged 2-8 aad 1¢3clws them in tlie ¢wtdonr LItt￿rI)QM ul¥Jut thc cnviroTwncnL planLs. counling and nulrili()n 21 A¥ripcncurship f4KuTc% on ITainTng young people on the ￿￿K)le ¢i￿vIar agri economv, focusing on ra￿Ing. Supply ¢hgin ThtanaK¢nwnl. Inafk¢iiii8, brandi1i8, entrepretieuisliip and sales io help sian their own a8ri-reloi¢d business or eiiier inlo an aEri-relaied eoreet oppOrt￿n&￿t& Pag¢ 19 ontimied... Afrika Tlkk¥n UK Notsj to the Fln*nd*l Stat¢ments- Contlnued ror tht yttr tllded 31 D¢¢tmber 2024 IL MOVEMENT IN FUNDS- toDIIBued Agrlpreneurshlp Agtipeneurship on Iraining yowig PLX)ple th¢ s*lM)Ic circular agrl CLxJnomy. foeusitig on farniin% upply chaiN ￿￿[kc11ng. branding. ￿trcpTCn￿￿ShlP and to hclp Start their asri-rclatcd busin￿ OY ellter inlo an agri-relaled ¢•ttcr opportunittes. Capex Cap¢x are rKw.progrnm[￿1ic CUPTthI items I purchases tl)nt ucquire. upgrpde or physical 055er& 13. RELATED PARTY blSCU)SURLS During the year. fees to*Allin8 £90.078 (2023: £85.953) were pAy4ble ￿ TA(3 Consult8n¢y UK Lid. a company controlkd by the CEO. for setvices provided (o the charity. 14, COMPANY LIMrrED BY GUARANTEE The Company is 8 Pri￿te wmpAny limited by 8u&ranie¢ and aceordingly does not have 51wff capitsL In the ¢vcThl of th¢ coM￿Y ￿1￿¥ Trvund up. tho liability ID IfbPCCt of UUgTwilcc is limiicd lo £10 ￿ mcmlxr of the Conwany. Th¢ Company incoTpor4t¢d in England and Wal¢s nnd infonnation r¢lating to the registered offKe address tran be oft Page l. Pa8e 20