IAFRICA FOUNDATION
TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Charity Number: 1163634

IAFRICA FOUNDATION
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Tnbstee$
G R Woodford
l McFadyen
R Rafferty
Charlty Number
1163634
Registered Offl¢t
The Old Rectory
Brisley
Dereham
Norfolk
NR20 SU

IAFRICA FOUNDATION
CONTENTS
Page
TTUStees' report
Statement of financial actlvities
Balan￿ sheet
Statemènt of Cash flows
Notes tothe financlal Mattments
8-16

IAFRICA FOUNDATION
TRu¥fEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report togetherwith the unaudSted financtal ststements of the iAfrica Foundation
forthe year 01 April 2024 to 31 March 2025.
iAfrica Foundation became a CharTtable Incorporated Organisation ICIOI with UK registered charity number 1163634
in September 2015.
Thefinancial statements have been prepared in accordanee with the accounting policies set out herein and comply
with Accounting and Reporting by Charities.. Statement of Recommended Prattice ISORP 20151.
OBJECTrVESAND ACTIVlnES
Policies and objectlves
The principal object of the charity is to promote the education (including social trainingl of people anywhere in Africa
and the prevention or relief of poverty anywhere in the world by providing or assisting in the prov15ion of education.
trdinin& healthcare and farming projetts and all the necessary support designed to enable individuals to generate a
sustainable income and be self sufficient.
In Setting objective5 and planning foractivities, the Trustees have given due considerdtion to general guidance
published by the Charity Commission relating to public benefit. indudingthe guidance'Public benefit.. Running a
Charity IPB21'.
ACHIEVEMENTS ANO PERFORMANCE
Review of acrivr(ies
pri￿te donations amounting to £12,20012024.. £42,1011. excluding gift aid. were received during the year and these
were used to fund the administration costs Df the charity and towards developrnent of the'iLearnaboyt' project,
which is intended to improve conservation and environmentèl education of young children across Africa.
Total income for the yearamounted to £20.81112024.. £49,301). Expenditure to supportthe charitable objectives
during the year was £35,96112024.. £37.8031 and support costs amounted to a credit of £2.14812024.. £1.4461. There
was a defjcit of income over expenditu￿ of £13.00112024'. surplus of £10.0521.

IAFRICA FOUNDATION
TRUSTEES, REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Fundraisin8 disc105ure
The charity seeks to continue its charitable work through the careful Stewardship of its existing reSoUr￿S and its
connertions. Fundraising acrivity 15 carried out by the charity's Trustees. The chanty does not employ professional
telephone orstTeet fundralsers forfundraising artivities.
The charity paid for Specialist services during the year to as51St with the development of. and fvnd-raising for, an
education project branded 'iLearnabouY. Development and fund-raising costs for iLearnabout durin8the year
amounted to £35,96112024.. £37,803) from ￿n￿Stricted funds.
FINANCIAL REVIEW
Going concern
The Trustees hève made an a55es5rnent in preparing these financial ststements asto whetherthe charity is a going
concern. After making appropriate enquirie5, the Trustees have a reasonable expectation thatthe charity has
adequate resources to continue in operational existence for the foreseeable future. For this reason. they continue to
adopt the going concem basis in preparing the financial statements. Further detai15 regarding the adoption of the
going concern basis can be found in the accounting policies.
Reserves poliLry
At the period end the charity had unrestriLted funds carried forward of £20,84012024.' £33,842).
The reserves policy remains to raise support forthe iLearnabout projett. Expenditure is matched to the level of
income that can be raised. The Trustees are confident that sufficient levels of income will be received to support the
expenditure Tequirements and maintain adequate reserves. Additional funds will be spent in the next year on the
iLeamatx)ut project.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
iAfrica Foundation Is a registered charity, number 1163634, and is constituted undera Trust deed.
Methods of appointment or election of TfUStee$
The management of the charity is the responsibility of the Trustees who are elected and co-opted underthe terms of
the constitution. There mtsst be at least three Trustees. The maximurn numberof Trustees istwelve.
Apart frorn the founding charity Trustees. every Trustee must be appointed for a term of three years by a resolution
passed at a properly convened meeting of the charity Trustee5. Trustees retiring at the end of theirterm are eligible
for reappointment anrl have been unless noted above.
In selecting individua15 for appointrnent as charityTrustee5. the charity Trustees must have regard to the 5kill5,
knowledge and experience needed forthe effettive administration of the CIO.
The Members of the CIO shall be its charityTrusteesfor the tirne being. The only pe￿OnS eligibleto be members of
the CIO ar2 its charity Trustee5. Membership of the CIO cannot be transferred to anyone else. Any mernberanil
charycy Trustee who ceases to be a charity Trustee automatically ceasesto be a memberof the CIO.

IAFRICA FOUNDATION
TRUSTEES, REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Organisatio￿l strurture and decislon-making policles
Any decision may be taken by Trustees either..
at a meetin8 of the charity Trustees: or
by resolution in writing or elertronicform agreed by all of the charity Trustees, which may comprise
either a single docurnent or several documents containing the text of the resolution in like form to each
of which one or more charityTru5tees has signified their agreement.
The charity Trustees may delegate any of their powers or functions to a committee orcommittees and. if they do,
they shall determine the terms and conditions on which the delegation is made. The charity Trustees mayat anytime
alter those tem5 and conditlOll5, or revoke the delegation.
Policles adopted forthe induction and training of Tn￿lee$
The charity Trustee5 will make available to each new charityTrustee. on or before his or herfirst appointment-
lal a copy of the current version of the constitution.. and
Ibl a copy of the CIO'5 latest Trustees, Annual Report and statement of accounts.
Flnan¢ial risk mana%ement
The Trustees have assessed the major risksto which the charity is exposed. in parricularthose related to the
operations and finances of the charity, and are Satisfied that systems and procedures are in placeto mitlgate
exposure to the major risk5.
PLANS FOR FUTURE PERIODS
The CIO plans to continue to identify. and raisefundingfor, substantial projectsthat enhancethe lives of rural people,
primarily in Zambia, and improve how education and services are delivered to the rural poor.
Effort5 to developthe iLearnaknut projett, which aims to provide a free World-class digital conservation curriculumto
all teachers and students in su&Sahardn Africa, will continue in the comingyear.

IAFRICA FOUNDATION
TRUSTEES, REPORT ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES. RE5PONSIBiunEs
The Trustees are responsible for p￿ParIngtheTrU$tees, report and the financtal statements in accordance with
applicable law and United Kingdom Accountin8 Standards Iunited Kingdorn Generdlly Accepted Accounting Practice).
The law applicable to charities In England & Wales ￿quireS the Trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and
application of resources. including its incorne and expenditure, forthat period. In preparing these financial
ststements. the Trustees ère required to..
select suitable accounting policies and then apply them consistently..
observe the method5 and principles of the Charities SORP IFRS 1021..
make judgment5 and accounting estimates that are reasonable and prudent..
state whether applicable UK Accounting Standards IFRS 1021 have been followed. subject to any material
departures disclosed and explained in the financial statements,.
prepare the financial statements on the goin8 concern basi5 unless It is inappropriate to presume that
the charity will continue in business.
The Tru5tee5 are responsibl&for keeping adequate accounting records that ère sufficient to show and explain the
charity's transattion5 and Llisclose with reasonable accuracy at any timethe financial position of the charity and
enable them to ensu￿ thatthe financial statements cornply with the Charities Att 2011, the Charity (Accounts and
Reports) Regulation$ 2008 and the provisions of the Trust deed. They are also responsible for safeguardin8 the assets
of the charity and hence fortaking reasonable steps forthe prevention and detection of fraud and other
l M¢Fadyen
Trustee
G R Woodford
Trustee
Date..
30101126
Date..
30101126

IAFRICA FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unr*5trirted Restrlcted
funds
furtd5
2025
2025
Totsl
Totol
fvnds
2024
funds
2025
Note
Income from:
Donations and legacies
20.811
20AII
20,811
20,811
49.301
49,301
ExpendItU￿ on:
Charitable artivities
33,812
33,812
33.812
33.812
39,249
39,249
Net lexpen¢mtu￿j/ln¢offle
its,ooii
113.1)011
10,052
Tran5ters between fvnd5
Net movemtnt in funds
113,(Klll
113.0011
10,052
Re¢on¢iliation of fvnds..
Total funds brought forward
Net movement In fvnds
33￿42
113,IXIII
33.842
23,790
10,052
Total funds ¢aryied forward
20.840
20￿40
33.842
The Statement of financial artivities includes all gains and IL155es recognlsed in the year.
The notes on pages 8 to 16 form part of these financSal statements.

IAFRICA FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
CurrentAssets
Debtors
Cash at bankand in hand
10.363
10,597
20.960
24,200
9,762
33.962
io
Creditors.. amounts fallin8 due
within one year
llloi
11201
Net Current assets
20.840
33.842
Total assets less turrent Ilabilities
20
33,842
Totsl net a55ets
20,840
33,842
Charity funds
Re5trirted funds
Unrestricted funds
20,840
33.842
Total funds
20.840
33.842
The fiftancial statements were approved and authorised for Issue bytheTrustees and signed on their behalf bv..
l McFadyen
G R Woodtord
Date.. 3010112026
Date.. 30IOV2026
The notes on pa8e$ 8 to 16 form part of these financial ststements.

IAFRICA FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Note
Cash flow5 from operating actlvltles
Net cash used in operating attivitie5
4.182
2.577
Change Sn tash znd cash èquivalents In the year
Cash and cash equivalents at the beginning of the year
Change in cash and cash equivalents dueto exchange ￿te movements
9.762
133461
6.890
295
Cash and cash equivalents at the end of the year
io
10.597
9,762
The notes on pages 8 to 16 forrn part of these financial statements.

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
l. A¢¢ounting poliues
1.1 8asis of preparatlon of financial statements
The financial staternents have been prepared in accordancewith the Charities SORP IFRS 1021-
Accounting and Reporting by Charities.. Staternent of Recommended PraLtice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 leffective l January 20191, the Financial Reportin8 Standard applicable in
the UK and Republicof Ireland IFRS 1021 and the Charities Act 2011.
The financial statements are presented in 5terfing which is the functional curyency of the Charity and
rounded to the nearest £.
The Significant accourrting policies applied in the preparation of these finandal statements are set out
below. These policies have been consistently applied to all years presented unles5 Otherwise st*ed.
Thefinancial statements have been prepared to give a'true and fair. view and have departed from the
Charities (Accounts and Reportsl Regulations 2008 onlyto the extent required to provide a'true and fair,
view. This departure has involved followin8 the Charities SORP IFRS 1021 rather than the Accounting and
Reporting by Charities.. Statement of Recommended Prartice effective from l April 2005 which has since
been wSthdrawn.
iAfrica Foundation meets the definttion of a public benefit entity under FRS 102.
1.1 Going concern
After Ma￿n8 appropriate enquiries and tsking into consideration future income strearn5. the Trustees
have a reasonable expectation thatthe charity has adequate resources to continue in operational
existence for the foreseeable future. Forthis reason, they continue to adopt the goin8 concem basis in
preparing the flnancial statements.
1.3 Income
All income is reco8ni5ed once the charity has entirlement to the income, it is probablethatthe income
wlll be received and the amount of income receivable can be measured reliably.
Grants are included in ihe statement of financi81 actimties on a receivable basis. The balan￿ of income
received for specific purposes but not expended during the period 15 Shown in the ￿levant funds on the
balance sheet. Where income is received in advance of entitlement of ￿ceIpt. its recoznition is deferred
and included in creditors as deferred income. Where entitlement occurs before income is received, the
income 15 accrued.
Income tax recoverable in ￿latIon to donations received under Gift Aid or deed5 of covenant Is
recognised atthe tirn2 of the donation.
Incorne tsx recoverable in relation to investment income is recognlsed at thetime the investment
income is receivable.

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
l. A¢countlnB poli¢les l¢ontinutdl
IA Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefrtto
third party. it is probable that a transfer of economic beneffts will be required in settlement and the
amount of the obligation can be measured reliatsly.
All expenditure is accounted for on accruals basis inclusive of VAT. All expenses including support
costs and governance costs are allocated to the 3pplicable expenditUTe headings.
Costs generating fund5 are costs incurred in attTaCting voluntary income, and those incurred in trading
activittes and raise fund5.
Charitable activitie5 and Governance costs are costs incurred on ihe tharity'5 educational operations.
including support costs and costs ￿latingtO the governance of the charity apportioned to charitable
activities.
1.5 Forelgn curren¢ies
Monetary assets and liabilities denominated in foreign currencies a￿ translated into sterfing at rate5 of
exchange ruling at the reporting date.
Transartions in foreign currencles a￿ translated into sterfing at the rate rulin8 on the date of the
transaction.
Exchange gains and losse5 are recognlsed in the Statement of financial activities.
1.6 Debtor5
Trade and other debtor5 are recognised at the Settlement amount afterany trade discount offered.
Prepayments are valued atthe amount prepaid net of any trade discounts due.
1.7 Cash at bonk and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short Maturity of
three months or less from the date of acquisition or openin8 of the deposit or similar account.
1.8 Liabllltie5 and provlslons
Liabilities and provisions are recognised wherethe charity has a present obligation resultingfrorn a ￿st
event that will probably result in the transferof funds to a third party the amount due to Settle the
obligation can be rneasured or estimated reliably. Creditor5 and provisions are normally reco8nised at
their settlement amount afterallowin8forany t￿de discounts due.
1.9 Financlal inrtruments
The charity only has financial assets and financial liabilities of a kind that qualify a5 basic financial
instruments. Basic financial instrument5 are initially ￿Cognised at transaction value and subsequentlv
measured at their settlernent value.

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
l. Accounting pollcles l¢ontinuedl
1.10 Fund a¢¢ounting
General fund5 are unrestricted funds which are available for use at the dTscretion of the Trustees in
furtherance of the general objettives of the charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted fundsthat have been set aside bythe Trustee5 for particular
purposes. The aim and use of each desi8nated fund is set tsut in the notes to the financial statements.
Restritted fund5 are funds which areto be used in accordance with specffic restrictions imposed by
donors orwhich have been raised by the charity for particular purposes. The costs of raising and
adrninistering such funds are charged against the specific fund. The aim and use of each restricted fund is
set out in the notes to the financial ststements.
2. Income from donations and le8acie5
Unre5trlcted Rtstricted
funds
funds
2015
2025
Total
lunds
Total
funds
2025
2024
DonatlOll5 (including 8rft aid)
Grant5
20,811
20.811
49,301
20,811
20.811
49,301
In the prioryear, E49.301 of income frorn don3tlons and legacie5 was unrestricted.
io

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
3. Analysls Of expendlture by activltles
Dlre¢t
Support
¢05t5
Total
funds
2025
Total
fund5
2024
202S
2025
Project costs
Govemance costs
35.961
35,961
12,1481
33.812
37.803
1.446
39.249
12.1481
12,1481
35,961
Analy515 of dirert costs
Total
funds
2025
Total
funds
2024
iLearnabout project eosts
3S,961
35.961
37,803
37.803
Analysls of support tosts
Total
Total
fvnd$
2025
funds
2024
Admlnistration
Accountancy fees
IGainl/loss on foreign exchange
Insurance
613
445
140
13,3461
585
12,1481
295
566
1,446
li

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4. Audttors. remuneration
2024
Independent examinerfees
140
5. Debtots- Amounts falllng due withln oneyear
2015
2024
Tax recoverable
10,363
24.2(X)
6. Crèditors: Amourts falling due within oneyear
202S
2024
Trade creditors
Accruals and deferred Income
120
120
120
120
12

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
7. Statement of fund5
Statement of funds- ¢urr*nt year
Balance at I
Apr-24
Balance at 31
Mar-25
Income Expend5ture
Transfers
ilnrestricted funds
General funds
General funds
33,842
20.811
133,8121
Ttstal unrestri¢ted funds
33.842
20,811
I33￿12)
20.840
Restricted funds
Total re5trirted fvnd5
Total of fund$
33.842
20,811
133.8121
20,840
13

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
7. statemènt of funds lcontinuedl
Statement of fund5- prloryear
Balance at I
Aprw23
Transfers Balance at 31
inlout
Mar-24
In¢omè E¥pendlture
Untt5trirted fvnds
General funds
General funds
23.790
49,301
139.2491
33,842
Totsl unrestrirted funds
23,790
49.301
139,2491
33￿42
Re5trirted fund5
Total restricted fvnds
Totsl of fund5
23,790
49,301
139.2491
33.842
14

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
8. Analysis of net assets between funds
Analysis of net assets between fund5- current year
Unrestrlded Restricted
fvnds
funds
2025
Total
funds
2025
Curr&nt assets
Creditors due within one year
20,%0
11201
20.840
20,%0
11201
20.840
Analysis of net assets between funds- prioryear
Unrestrlcted Re5trlcted
funds
fvnds
2024
Total
funds
2024
Current assets
Creditors due within one year
33,962
11201
33.842
33,962
11201
33.842
9. Reconc51iallon of net movements in fundsto net Cash flow from operatlng a¢tivities
2025
2024
Net income/le¥penditurel forthe year
i￿,001)
10.052
Adjustments for
Increase in debtors
Decrease in creditors
Gain/l10551 on foreign exchange
13,837
17,2001
20
12951
Net cash vsed in operatln8actrwities
4,18Z
2,577
10. Analysls of cash and ush equivalents
1025
2024
Cash in hand
10,597
9,762
15

IAFRICA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICOTrNINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11. Related party transactlons
During the year, a Trustee donated £12.20012024'. £28,800) plus gift aid to the charityto support
administrative costs and the iLearnabout project.
The charity considery the Trustees to be the key rnanagement personnel of the charity. No remuneration
or expenses were paid to the Trustees during the year12024= £Nill.
16