Charfty Reglstratlon No. 1170647
ILFA
A COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

ILFA
A COMPANY LIMITED BY GUARANTEE
LEGAL AND ADMINISTRATIVE INFORMATION
Tru8tee3
Olufunke Ajayi Adekoya
Howard Barrie
Timothy Taylor
David Ziyambi
Daniel Mutisya
Susan Craughan
Silver Kayondo
Charlty number
1170847
Company numb•r
09085440
Reglstered offlco
First Floor, Sentinel House
Sentinel Square
London
NW4 2EP
Indopondont oxamlnar
Jacky C Lax FCA
Jacob Charles & Co
Sents'nel House, Sentinel Squarn
London NW4 2EP

ILFA
A COMPANY LIMITED BY GUARANTEE
CONTENTS
Page
Trustees, report
Statement of Trustee¥, respon¥ibilitses
Independent examlnerfs mport
Statement of financial activities
Balance sheet
Note8 to the accounts
8-13

ILFA
A COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
The trustees pr&8ent their report and accounts for the year ended 30 November 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the
accounts and comply viith ILFA'S constitution, the Companies Act 2006 and 'Accounting and Reporting by
Charities: Ststement of Recommended Practice applicable to charities preparing their accounts In
accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102).
(effective from 1 January 2019)
Structur•, gov•mance and managemont
ILFA Is a company limited by Guarantee and 18 registered as a Charity. and on 27 September 2021
adopted New Articles of Assoclation that updated those adopted In D6c8mber 2015 when ILFA was first
registered as a Charity.
The trustees, who are also directors for the purwses of company law, 8erved during the year were..
Olufunke Adekoya
Howard Barrie
Timothy Taylor
David Ziyambi
Daniel Mutisya
Susan Craughan
Silver Kayondo
(appolnted 28 November 2024)
The governance of the Company 18 the re8ponsibility of the Board (the m6mberg of which are also the trustee8
of the charity), which is appointed by ILFA'S member8. The Board members serve a maximum period of
three-year tenn before retiring at the next AGM. Each Board member is eligible to stsnd for re-election, once,
thereby serving two consecutive three years temis, and for a thlrd temi subject to a Board Resolution
approved by all the other directors.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the
company and guarantee to contribute £1 in the event of a winding up.
The Board is respon8ible for the general control and management of ILFA.
The Board meets regularly throughout the year. All significant operational decisions are made by the Board.
Following appolntment, new Trustees each of wlK)m are for the time being qualified l•Myers, are introduced
to their role and given access to the Memorandum & Artlcles of Association and a guide to the poliaes and
procedures adopted by the company. Each of them are made aware of the Company's status as a registere(I
charity and consequently the scope of their responsibilities under the Charities Act.
ObJoctlv8s and actlvltles
ILFA'S obledves are for the publlc benefit to facilitate the advancement of post-graduate level legal
education and the study of law by individuals from the continent of Africa.
The trustees have paid due regard to guldance issued by the Chanty CommisBion In declding which
activitie8 the charity 8hould undertake.
In common with many similar charities, ILFA is reliant on subscriptions and participatory support of many
UK law fim8.

ILFA
A COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
Achl•v•m•nts and p￿PIt
Imth the involvement of its Programme Manager, Fats6ma Bejamin, ILFA provides educational services,
including its Flagship Programme urKl8r which Afrirxn lawyers of prc*nlse are selectsd to att8nd 8 3 month
p￿gramrne and to Work with sponsorlng legal fjtm8 in the UK.
ILFA having rèsumed Its Flagshlp Programme (FP> In 2023 in the aftemath of the Covid-19 pandemic. held
ther FP in 2024, two Legal Excellgnce Academy (°LEA°) CoU￿e$ one a dlgitsl fomat and tho othor
Ilve, and an annual dinner.
Futur• Plan•
The Tru8t88s will continue to ach1￿ th8 ststsd ot¥edve6 by providirKJ an annual gducational programme.
and re18ted actNities. Building on tho popularfty of Its Legal Excellence Academy ILFA is planning to hold
at least one LEA course in 2025, wlth the o)operatton with the Nationd Bar A88OGiations, with sponsorship
and partlrypaUon of a mixture of loc81 and international law fimi$.
Publ1¢ B•neflt
The tru8te86 have complled wSth thelr duty In 86Ctlon 17 of the Charitle8 Act 2011 to have due regard to th•
guidalin88 publi8h8d by tho Chaiitses Commrs810n.
Flnanclal r•vhw
The accounts for 2024 are presented within this reporL The tru8te88 are advi8ed. by their 8ccountsnts that
no audit is requlred thls ye8r. Tho truste88 confimi that th8 accounts and the r818t8d nots8 comply wlth
current ststrjtory requirements, the requirements of ILFA'S ¢on8titution, and the requirements of the
stat8m8nt of Recommended Pr8Ctlce appllcable to Charltfes prepartng thelr accounts in actordance with
the Financial Reporb'ng Stsndard appllcable in the UK and RepubliG of Ireland (FRS102).
A8 at 30 November 2024 ILFA held unrestricted general fund8 of £74,881 (2023 . £73,905). It hold no
unr8th¢t8d deslgnated, or restrlctsd fvnds. The Board beli8ve$ finandal positlon remalns stsble and
wlll continue to monitor costs carefully throughout this dlfficult economlc pedod.
It Is the policy of the 808rd that unrestrlcted fvnds whith have not been de8ignatsd for 8 speofi¢ u8
should be maintained at a level equivalent to bet¥veen three- and six-month's expenditijrg. The trugtseg
consider that r88erv08 at this levol wll •n8uro th8l In the event of a ￿gnfficant drop In fundlng, they will be
able to continu8 ILFA'S current activities while corr6ider8tion is given to Way8 In vthlch additi'on81 funds may
be raisod. This level of merves has been m8intsined throughout the year.
Th8 trusts08 have a88e$s￿ the major r18ks to whlch ILFA18 exposed and are sattsfj8d that Systems are In
place to mitigate exposure to the malor risks.
The trust
$, ￿pOrt waB approvgd by the Tru8teg8 and signed on behalf ofthe Trustees by
rd Barrte
Dated.
. August
25

ILFA
A COMPANY LIMITED BY GUARANTEE
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 30 NOVEMBER 2024
The trustees, who are also the directors of ILFA, are responsible for preparing the Trustees, Report and the
financial statements in accordance wrth applrAble law and United Kingdom Accounting Standards (United
Kingdom Generally A￿epted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements
for each financial year which give a true and fair view of the State of affalrs of ILFA and of the In¢omlng
resources and application of resources for that year.
In preparing these accounts, the trustees are requlred to:
select suitable accounting policies and then apply them consistently;
obseNe the methods and principles in the Charitles SORP;
make judgament8 and estimates that are reasonable and prudent;
8tate vh)eth6r applicable accounting stsndards have been followed, 8ubjeGt to any material
departures dlsclosed and explained in the accounts,. and
prepare the accounts on the going ¢oncem b8318 unless It is inapproprlate to presume that the
charity will continue in operation.
The truste08 are responsible for keeping suffiaent accounting records that disclose with re880nable
accuracy at any time the financial position of ILFA and enable them to ensure that the accounts comply
with the Companies Act 2006. They ar8 also responsible for safeguarding the assets of ILFA and hence for
taking reasonable steps for the p￿vention and detection of fraud and other Irregularities.

ILFA
A COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ILFA
I report to the trustees on my examination of the financial statements of ILFA {the charity) for th8
year ended 30 November 2024.
Responslbillties and basls of report
As the trustees of the charity (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements
of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent examination, I report in r8sp8ct of my
examination of the charity's financial statements carried out under section 145 of the Charities Act
2011 (the 2011 Act). In Carrying out my examination I have followed all the applicable Directions
given by the Charity Commlsslon under sectlon 145(5)(b) of the 2011 Act.
Indepondent examlnerfs ststsmont
I have comp5eted my examination. I confimi that no matters have come to my attention in
connection with the examination giving me cause to believ8 that in any m8teri81 respect:
accountin9 record8 were not kept in respect of the charity as required by section 388 of the
2006 Act; or
the financial statements do not accord with those records. or
the financial statements do not comply wlth the accounting requlrements of sectlon 396 of
the 2006 Act other than any requirement that the accounts give a true and fair view which
is not a matter considered as part of an independent examination., or
the financial statement8 have not been p￿pared in accordance with the methods and
principles of the Statement of Recommended Pradice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable In the UK and Republlc of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of
Ihe financial statements to be reached.
C).
Member of the Institute of Chartered Ac¢ountants in England and Vlales
Jacob Charles & Co
Sentinel House, Sentinel Square
London NW4 2EP

ILFA
A COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2024
Unrestrlcted
funds
Restrlctsd
fund8
Total
2024
Total
2023
Income from..
Sub8CriPtions
Members. Contributions
LEA Events
Grants
Donation8
Gala dinner
oth&r income
14,400
28,250
14,959
14,400
28,250
28,959
23,700
42,350
12,001
4,650
10.000
4,650
10,000
7,650
8,000
Total Incomo
72,259
72,259
93,701
ndltu
Dlrect event costs
(26,041)
(26,041)
(37,494)
Charitable aGts'vrties
(45,784)
(45,784)
(50,098)
Totsl r•sourcM oxpendod
171,825)
(71,825)
(87,592)
Not In¢omlng re8ource8
434
434
8,109
Oiher recognlsed galnj and 108sos
Interest received
322
322
142
Net movement In funds
Taxatlon
758
756
6,251
756
73.905
756
73,905
6,251
67.654
Fund balance 1 December 2023
Fund balance 30 November 2024
74,661
74,661
73.905
The statement of financial activitses indudes all gain8 and losses recognised in the year.
All income and expenditure derive from continuing 8Gtivities.
The stalement of financial activities also complie8 with Ihe requirements lor an income and expenditure account under
The Companies Act 2006.

ILFA
A COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS A T 30 NOVEMBER 2024
2024
2023
Notes
Fixed assets
Investment in subsidiary
10
Current assets
Debtors
Cash at bank and In hand
13,750
65,870
5,560
84,653
79,620
90,213
Credrtors: amounts falling due within
one year
12
{4,960}
{18,309)
Net current a&sets
74.660
73,9Q4
Totsl assets le88 current liabllltie8
74.661
73,905
Incorne funds
Designated funds
General unr8Stiicted funds
74,661
73,905
74.661
73,905
74,e61
73,905
The company is entitled to exemption from the audlt roquirement contained In section 477 of the Companies
Act 2006, for the year ended 30 Novembèr 2024.
The dlrectors 8cknowledg8 thelr r8sponslbllltl8s for ensurlng that the charlty k8eps accounting records ththlch
cornply V•ith 8ection 386 of the Act and for preparing financial statements which give a true and fair view
of the state of affalrs of the company as at the end of the financial year and of its incoming resources arKI
application of resources, Indudlng Its Income and expendlture. for the ffnanclal year In accordance wlth the
requirements of sections 394 and 395 and vthich otheryrfise Gomply with the requirements gf the Companie8
Act 2006 relating to financial statements, so far as appIl￿ble to the company.
The members have not required the company to obtain an audit of its financial statsments for the year in
quests'on in accordance with section 476.
These finandal statements have been prepared in accordance with the provisions applirAble to companles
subject to the small companies regime,

ILFA
A COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS A T30 NOVEMBER 2024
Tha financial ststements werg approved by the Trustees on
August 2025
Slgnod by Howard Barrf•
on bohalf of tho Trusts08
Company Roql8tratlon numb•r: 09085440

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
Accountlng pollcle8
Charlty Inforniatlon
ILFA constitutes a public benefft entity as defined by FRS 102.
A¢¢ountlng convontlon
The accounts have been prepared in accordance with ILFA'S governing document, the Charitie8
Act 2011 and 'Accountin9 and Reporting by Charities.. Statement of Ro¢ommended Prectice
applicable to charities preparing their account8 in accordance with the Financial Reporting
standard applicable in the UK and Republic of Ireland {FRS 102)" (effectlve 1 January 2019).
ILFA is a Public Ben8fit Entity a8 defined by FRS102.
ILFA ha8 taken advantage of the provlslons In the SORP for charities not to prepare a Statement
of Cash Flow8.
The accounts ar8 prepared In sterllng, whlch Is the funclional currency of ILFA. Monetary amounts
In Ihe8e financial statements are rounded to the nearest £.
The accounts have been prepared under the hlstorical cost conventlon. The principal acwunting
policies adoptad are 8et out below.
Golng concern
At the timè of approvlng the accounts, the trustee8 have a reasonable expectation that ILFA has
adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt thg golng concern basis of accounts'ng in preparing the financlal
statements.
Charltsble fund8
Unrestricted funds are available for use at thé discretlon of the trustees in furtheranc8 of thelr
charltable objects'ves unless the fund8 have been deslgnated for other purposes.
Restrtcted funds are Subject to specffic condition$ by donors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the accounts.
Designed fvnds comprtse unrestricted funds that have been set aside by the Trustees for pait¢ular
purposes. The aim and use of each designed furKI is set out In the notes to the financial
statements.
1A
Incomlng resources
Income is re¢ognisad when ILFA 18 legally entitled to it after any perfomance ¢onditi¢ns have
been met. the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. other donations are r8cognised once ILFA has b88n
notified of the donation, unless performance conditions requlre deferral of the amount. Income tax

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
recoverable in relation to donations received under Glli Aid or deeds of covenant is recognised at
the time of the donation.
Accountlng poll¢los l¢ontlnued)
Tumover represents the value of invoiced sales.
Grants and donations are recognised for accounting purposes upon receipt.
Resources oxp•nded
Charitsble expenditure comprise8 all expenditure dlrectly relatlng to the objéctives of the
administration cost of oporating tha Charity.
Govemance costs include audit costs, and leg818dvice for the tru8tee8 and any other costs
associated with constitutional and statutory requirements.
Support costs - the amounts disclosed under each of the above categori88 comprise th08e cost8
whlch are directly attrlbutable to that category together wlth an apportlonment of 8UPPOrt costs.
Support Costs are those costs that are not direGtly attributable to a single activlty but provide the
necessary organi8ational support for all the charity's actlvStSes. The support costs have been
all*xated to the charity'$ a¢tivitie8 to %*thich they relate.
Con•olldatlon
ILFA 18 a parent company subject to the small companies, regime. ILFA and its subsidlary
comprlse a small group, and ILFA 18 therefore not requlred io and ha8 chosen not to prepare group
accounts.
Cash and cash equlvalents
Ca8h and cash equlvalents include cash In hand. d8po81ts held at call wth banks, other short-terni
liquld Investments with original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown wthin borrowings In current liabilities.
Flnanclal In$trum•nts
ILFA has elected to apply the provisions of Sectlon 11 '8aslc Flnancl81 Instruments, and Section
12 '0ther Flnancial Instruments18sues' of FRS 102 to all of Its finarKlal instruments.
Financial instruments are recognised in ILFA'S balance sheet when ILFA b8com8S Party to the
contradual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enforceable rlght to set off the recognised amounts and there is
an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
Baslc flnanclal assets
Basic financial assets, which include debtors and cash and bank balances. are Inltlalty measured
at transaction price Induding transaction costs and are subsequently carried at amortised cost
using the effective interest method unless the arrangement consb'tutes a finanang transaction,
where the transaction is measured at the present value of the future receipts discounted at 8
market rate of Interest. Financial assets classified as receivable wthin one year are not amortised.
Baslc flnanclal Ilabllltles
Basic financlal Ilablllties, Indudlng credltorn and bank loans are Inltially recognlsed at transactSon
prlce unless the arrangement constitutes a financlng tr8nsactlon, where the debt instrument18
me8gured at the present value of the future payments discounted at a market rate of Interest.
Financlal liabllitles classified 88 payable wrythln one year are not amortised.
Debt in8truments are subsequently carrled at amorti88d cost, using the effective interest rats
method.
Trada craditors arn obligatlon8 to pay for goods or services that have been acqulred In the ordinary
course of operatlons from suppliers. Amounts payable are clas8ified as current liabilities rf payment
is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors
are recognised initially at transaction price and subsequenuy measured at amortised wst using tho
effec￿Ve Interest method.
Der•¢ognltlon of flnanclal Ilabllltlos
Financial liabilitles are derecognised when ILFA'S contractual obligatlons explre or are discharged
or cancelled.
Cash Flow Statement
The charfty has taken advantage of the 8xemptlon 8V8llabl8 In paragraph 7.18 of FRS 102 and
has not prepared a cash fl¢)w statement.
Crltkal aGGountlng esllmatss and Judgements
In the appllcation of ILFA'S accountlng policies, the trustees are requlred to make Judgements,
estimates and assumptions about the carying amount of assets and liabilities that are not readily
apparent from other sources. The estlmates and assoclated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may dlffer from
Ihese estimates.
The estimatos and underlying assumptionB are reviewed on an ongoing basis. Revisions to
actt+unting ests'mates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both cur￿nt and futu￿ periods.
10-

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
In¢omg
Unrostrfcted
funds
Restrfctod
fund8
Total
2024
Total
2023
Subscriptions r6c8ived
M8mbers' contributson8
LEA - events
Gala dlnner receipts
Miscellan80us in￿rne
14,400
28,250
14.959
4,650
10,000
14,400
28,250
14,959
4,650
10.000
23.700
42,350
12,001
7.650
8,000
72.259
93,701
Inve8tmont In¢omo
Unr•8trlctsd
fund•
R••trlctod
lund8
Total
2024
Total
2023
Intsre8t recoivabl8
322
322
142
Dlroct GO8ts
2024
2023
Event C08ts
LEA costs
Gala dinner costs
19.857
2,724
3.460
29,334
4,264
3,896
26,041
37,494

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
Charltabl• aetfvitl88
2024
2023
Managèment costs
Website deslgn and hosting
Project manager fees
Tel8phona
Post, printing and stslonery
Sundry expense8
Accountancy
Provision for doubthil dèbts
L￿al and professlonal
Bank Charges
8,292
1,912
36,276
1.405
309
122
1.500
907
39,600
1,620
27
325
2,100
929
276
282
45,784
50,098
Share of support cnsts
Share of govemance G08ts (8ee note 7)
43,684
2.100
48,598
1.500
45.784
Analysls by fund
Unrestrictod lunds - general
Restrlcted hJnd8
45.784
Support co•ts
Govemance costs IrKludes provisSon8 for the fe8s of the indep8ndent accountsnt of £2.100 (202&
£1.500).
Trusts•s
Non8 of the trustees (or any persons connectad with th6m) received any remuneration. benefits or
r8imbursement of expenses durlng the year.
Employ008
Numbgr of employeos
The company has employees (2023- NII)
12-

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
10
Investsnent
The Company owns 10 Ordinary shares of £0.01 each in ILFA Leaming & Development Llmited,
representing 1 OOOA of that company's issued share capital. The principal activity of the subsidiary
company Is The development for resale of legal professional training pro9rammes in a digltal
fomiat. For the year ended 30 Novemb8r 2023 ILFA Leaming and Development LSmited made
profit after taxaiion of £Nil (2022 . £Nil).
11
Dèbtors
2024
2023
Amounts falllng due wlthln one year:
Trade debtors
Amount due to 8ub8ldlary
Prepayments
12,500
5.050
510
5,580
12
Crndltorn: amounts falllng due wlthln one yo•r
2024
2023
Trade creditors
Sundry creditors and acerua13
3.480
13,898
4,980
13
Contlngont Ilabllltle8
There were no related contingent liabilities that requ[￿ dl8dosure. durlng the year (2023- none).
14.
Events after the reportlng dat•
The Trustees remain vigilant and maintain their reasonable expectation that the Charlty has
adequate resources to contlnue In operatlon for the foreseeable future from the date od approval
of these financial ststements.
15
Rolatad party transactlons
The Company paid management fees of £Nil (2023 . £8,292) to ILFA Learning and Development
Limited.
13-