Charity Reglstrdllt)n No. 1170647
ILFA
A COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025

ILFA
A COMPANY LIMITED BY GUARANTEE
LEGAL AND ADMINISTrATIVE INFORMATION
Trustees
Olufijnke Aj•i Adekoya
Howad Barrie
Ttmolhy Tawor
Dwd ZiyaTh
Daniel Mulisya
Susan Craugh
Silver Kayondo
Charity numl
117Cfj47
Company number
OY)85440
Reglstere(l office
Irst Floor. Sentnel House
senb.nel Sfwwe
Lon(Jon
NW4 2EP
Independent examlner
Jxky C Lay FCA
J￿b Ch¥fes & Co
Sentinel Ho¢tse. Sentind Squ
London NW4 2EP

ILFA
A COMPANY LIMITED BY GUARANTEE
CONTENTS
Page
Trustees, ieport
Statement of Trustee5' vesp￿1￿11beS
Independent examiner￿ rwrt
sM•mènt ot financial xbvrnÈs
Balance Sheet
Notes lo the a(v)unts
6-13

ILFA
A COMPANY LIMITED BY GUARANTEE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
The trustees presentth￿r rewiand xcounts lorthe year 8nd8d 30 No¥ernber2025.
The aceaunts have been prepared in XCord￿Ce wilh the ￿unIt￿g poti¢ies set ¢yJt in note 1 to the
accounts and corrply with ILFA'S Gon5tTttrtron, the Corry¥Mes Act 20[￿ ￿￿"A¢Coll￿jn9 and Reportmg ty
Charities.. StaterTEnt of Re￿￿[￿ended Pracbce athratAe to chanb.es preparfftg their *eounts In
accordanix wrth the Fina￿1￿ ReKKYb"ng Slandard in the UK Rewt4i¢ of Ireland IFRS I D21.
structure? goveman¢e * manag8fflent
ILFA is a corr(1￿Y krnited by &Jarantee and Is re￿er8d as a Charity. on 27 Septen#)ar 2021
adopted New Arbc5e5 0fA55ouat"on Ihat updated th0￿ **)plEd in Decernbef 2U15when ILFA w8sfirst
registered as a Charrty.
The truste¢s. who ¥e *0 threctors fprth¢ purposes of Cw9￿Y18W, served OJring1he yearwere..
ufunke Adekoya
How¥rd Bwrie
Timothy Ttyor
Davtd Ziyambi
Daniel Mubsya
Susan Craugh
Sifver Kayondo
The goveman¢e ofthe COmp￿Y isthe rew%tM"rty ofthe Board (the ￿￿n**e[S ofwhith are dsoth8tiustees
of Ihe ch￿ty). is appointed by ILFA'S member5. The Bo8rd member5 serve a maximum period of a
three•yearterm before retiring atthe nextAGM. Exh Bowd member 15 eligibleto standfor re-elect'on. oncg.
thereby ser*ing tsvo cOnS￿￿ts¥e three ye￿5 le￿r& a third term to a 8gard Resolution
approved by all Ihe other <tirectDr5.
Nane tsf Ihé trusteès has any beneficral intsrest ￿ the comp*y. All of Ihe INstee¥ we Mprnbe￿ of the
cornpany guarantee to contn'trxfte £1 in the ev8nt of 8 ￿n￿ng ￿.
The Soard Is responstb]e forlhe gener4 ￿tr¢4 w•￿ment of ILF
The Board meets regulaly throu￿rA￿theye8r. AIJ s1wr￿t operalj.onat thi*¢)ns we made by the Board.
Followng appointrnent new Trustees e￿h Of￿0M arè fwthe time being qU￿lfied lawyer5. are introduced
to thelr role an¢ given a(xess ti) the MemomthJm & Arbcles of Asso¢iats"¢)n and a gtmde to the poliGies and
proce¢*Jres adopted by Ihe Corryany. E*h ofthem are m*le aware of the Corrpa)Vs stabJ$ asa registered
¢harity and consequ￿ty the scope ottheir responsibifibes under the Chafibes Act.
ot4ecllyes and acflvltles
ILFA'S objectives are forthe public benefit to f*tlitate Ihe ao*arttment of posty￿ale level leg
edueatsen and the sbjty of law ty indNi(knas fromlhe conD"nent ofAfrica.
The trustses have due regard to w¥dwKe issued by the Chty Comr1￿On in deo<hng
tiwties Ihe tharity slould undertake.
In cornrrK)n with ￿1￿laT th￿ties. ILFA is reh"a)t Sjt6￿pb￿s pw*upatOry fAJPPOrt of many
UK law firrrts.

ILFA
A COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT {CONTINUED)
OR THE YEAR ENDED 30 NOVEIIBER 2025
I￿1￿1ng Its F*tr4p p￿r￿rne {FP) urthrwF¢h Afrw rit wm&e Se1ed￿tt0 att￿￿ a 3
rTh)nth p￿graM￿r a¥J tow(¥k*ilh fffrrts in Ih& U
dInn￿at￿ RAC Clthth m*koyJ the cltha FP.
FU￿r* PlaThJ
an¢J r&ated xtsvittes. 8uik&ng PDpdarity ofrts Lew Excelet￿ ILFA s Plan￿ng to hold
at least c￿le LEA course in 20& t(KpErs￿¥thiffi Nthcvwl B8rAS8LMiatKJfÉ. w4th sp￿$4Y$hiP
the RepcKlmg St*daYd *rcablg in the UK aThl RePUN￿ of Wand ￿Rst￿4.
A8 at 30 NLvrnth 2Wk5 ILFA W unres1￿trA 9￿￿￿1 of£e3.145 (2024.. £74,￿11. 11 no
shovhy be m*nl8tr*d #i a tetr4￿n Ihree- 8rrfl 3sx-m(xrtNs expeThlftLWe. The tn*stees
GO￿lderthot 19$￿e6 ai IlY5 level￿11 th& ift IhÈ •*nl ofa $twificarst (kop in furKling. tEry will i
aNetO Cffitinu8 ILFA'$ tttrrent is to ways in addrt￿￿ funds Erw*

ILFA
A COMPANY LIMITED BY GUARANTEE
STA TEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 30 NOVEhlBER 2025
The trustees, are ￿$0 the direct￿ ol ILFA are fespfthibte for wepajing the Trustees. Rep¢)rt and the
ffina￿al ststements in *cordance 4)tIK￿e and Unrted A¢X￿jnDng stsndards (United
Kingdom Generally Accepted Attounting P￿1.
The law applicable to chaiibes in Engl￿d aFTd W*5 rewreslhelJu&ees to prewe st*mÈnts
for each financi￿ year whth ￿ve a true $nd f*"r oylhe state of affw.rs of ILFA and of the i￿ornIng
resou￿¢$ ana appirADon or resources ror year.
In these awounts. Ihe trustaas ¥e r8qJired*o'.
sele¢t suitsbl¢ &tounlbng pdicies ￿dthe￿ app￿lhern ttnsistenty"
observethe methods ￿lj in Ihe Chall￿9 SORP..
mako judg¢m¢nts 8nd estimates that *e reasth&Ae prudent
state whether applicable ¥rA)unting slandads havg been f¢Arywed. subiectto matsri
depathres disdosed explwned in lh8 ￿unts and
wepwe accO￿ts on the going cowKem ba515 unless it i8 inFJAprow8te to prowjme thatthe
charity will cOntin￿e In operab"on_
The trustees are responsible for keÈixng suffiu.ent *ccoJnfjng reccits th* ¢￿￿Os• reason8ble
uracy at any thme the fjnanual PD5its"Dn of ILFA en*)le 1hem to ewre thatthe a¢caunts comp
with Ihe Corbyanies Act 2D06. They are 4$0 respo￿￿¢ for 5afewardng the assets of ILFA hence for
takn.ng reasonable Steps for the wevenlion 8nd deted50n of fraud and Olher Jrrewl*iti"es.

ILFA
A COMPANY LIMITED BY GUARANTEE
STA TEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2025
unr•sI￿ted R8strleted
Tolal
2024
2025
IrKom¢ from:
Subscriptsons
Mernbers, Contrfbutions
LEA Events
Gf8nts
Donab"ons
Gala dinner
Other i￿o￿e
15.CM)O
49.900
15,000
49,9(K)
6,01)0
14.400
28.250
28,959
4,650
10,000
1,418
1.418
Total Income
76.218
76.218
72.259
reo
Direct event costs
143.9151
143.9151
126,0411
ChaitablE actiwtre5
{44.1281
144.1281
145.7841
Total re5s)urees expended
{88.0431
188,0431
(71,8251
Net incomlng resources
{11,￿)
111,8251
434
uir*r rÈcognl8ed galns and losses
InleTest received
322
Nel movement in flmlds
Taxab"on
111.516)
111,5161
756
111.5161
74,ffi1
111.5161
74.661
756
73.905
Fund 1 DecBrrt)er 2D24
Fund ba￿e 30 Noverr*J* 2025
63.145
63,145
74.661
The 5t*ement Dr finanuai acti￿tieS I￿ude5 311 gans aKI losses recognised in Ihe year.
i In¢om¢ 9Xpen¢￿Jre dO￿ve from Gmlitiuing
The st*emen* offinancia ath"Mtses *0 cowylie5with the rewirementsfor an irrorr* and exp￿￿trJre &wunt under
The Cofrpanies Act20(￿.

ILFA
IPANY LIMITED BY GUARANTEE
BALANCE SFIEET
AS A T 30 NOVEMBER 2025
2025
2024
Notes
y￿ed assÈts
InvÈstment in subsidiary
io
Current assets
Debtors
Cash at bank and in hand
13.049
65.474
13.750
65,870
78.523
9,W20
Creditors.. amounts falling wthin
one year
12
{15.3781
{4.9501
Net current asse15
63.145
74.660
Tot21 asset5 less CUFTent ￿*A"[￿"8$
3.145
74.661
Income
Unre5trictpd fvn
Designated funds
General unrestricted luntts
63.145
74.661
63.145
74,661
63,145
74 681
The cornpany is entiued to exempb'on from the aJtltE requirement cont￿ned in se¢t'¢Jn 477 ofthe Companies
Act 2006, for the yeaT e14ded 30 Novernber 2025
The directors acknovAetSge their respons**"lilies for ensumg Ihatlhe d)￿lty keeps ar%￿nIing record5which
eompty wth s*tion 386 of the Act 8nd frjr PfW"ng fin￿￿la statements which give a tnje and lair vl
of the stats of affars oflhe compary as atthe end ofthe year ol its incoming resources an
ppli¢ation of resources, indu**ng its expenth￿Te. foT the year in xcordon￿ wilh the
Foquiiements of sethons 3N and i95 ana wh5cn olherwise compty with the rewife￿£nts ofthe Conwanies
Act 2006 relating to f n￿a81 st*ement4 so faras aPF4iea￿e to Ihe company.
The member5 Mave not reryured the Gonyany to obtsin an ajtht of its statements fvr the year in
question in *cordance ￿1th section 476.
These f n￿¢181 statemonts have prÈpared in ￿0rdance th the provisiorts ￿pIt(￿ble to companie5
subjectio the sm41 comparues rellryrne,

ILFA
A COMPANY UMrrED BY GUARANTEE
BALANCE SHEET
AS Af 30 hlOVEMBER 2025
on behalfof the Trusto

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STA TEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
A¢¢ountlng polldès
ctt#￿ty infornmiion
ILFA tA)nsttlute8 a pubk benefit￿ as defined by FRS 1(r2.
The *counts have been preparEd in *¢¢xdan¢e wth ILFA'S goveming doDJmenL Ihe Charittes
Act 2011 and°Accounting and Rep￿ing by Ch￿th"es.. Staernent of Recommended Practice
applicabEe to chatibes prep￿￿9 ￿￿nts m accordanGe wrth the Financia Reporting
Standard applicable in the UK Repuk4ic of I￿l￿d IFRS 11r21' leffeLtive 1 January 2019).
ILFA is a Publi¢ Benefft Entity as defined by FR8102.
ILFA ha5 laken athantage of the K*OVN¢Xts in the SORP forth*iti"es notto KKepar¢ a Statement
f Cash FItrw5.
Th¢ *cow)ts an prepaTed in Sterlin￿ whKh is the functiLma c￿enCY of ILFA. Monetary amounts
in these financial st*rrwÈ awè r(wrtded to the fi¢atest£.
The ￿0￿nts have been prepwed under Ihe histor￿￿ cosl conv￿tion. The p￿n￿P￿ accoun*"ng
lioes wjopted are set ¢yJt t)el¢y••.
Golng eoncem
Attre brne of approving tre ￿)unts. the trustees have a reasonable expedation thal ILFA has
adequate resources to conllnue in operationa existence for the foreseeable future. Thus the
Iwstses ￿n￿llue to **tthe wng concem ba95 of rnnbng in wepwtng the finanaal
statem¢nts.
Charltable tawK15
Unrestricted fund5 are avawe for use atthe dscrthion of the In&¢es in fvrthe￿¢e of lh￿r
Chari￿￿e objecth'ves ur4e5s the fijnts have been dwymatsd ftsr other purposes.
Restncted fvnds We 9Jbiectto spwifi¢ ¢oDititions by donors as ID howthey may be used. The
ptsrpo%s and u5e5 ofthe fethcted fijnds are set ¢xrt in Ihe notes to the xcounts.
Designed funds comwT5e unrestrKted fvnds that have be￿ set aside by Ihe Trustses parkular
puTrposes. The wm and I￿É of exh deswed fund isset rArt in 1he notes to the ffin￿￿al
statements.
In¢omlng re50wces
Incowe is recognised wherk ILFA ￿ l*ty enb.tkd to it after a)y perfOrm￿ce Gonditions have
been mel the amourt*& can be ￿￿¥Sure￿ rdisbly. ajd tli5 wob*de Ihat ￿COrne wll be recwed.
C¥h donalions are recognEEd on receipt other d￿31101￿ are re¢O￿lSed once ILFA has been
otfied Df07e donation. IAnl¢ss perfo[rn￿¢ Cond￿"0n5 requir¢ deferral of the amournt Income tax
recoverabl* in re18b.on tts donabons r￿Th￿8d und8rGrftA*l or dte<ls of covenwt is recognised at
the tjme of Ihe donaty'on.

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
A¢¢￿TrI1ng poll¢ies (cont1rn￿dj
Tumover rewesents the value ofinvoieed sae&
Grarrts donations are reGognksed for xcounting wrtK6es upw receipt.
Res¢)urces exr*ndèd
Charrtabla expenditure compn's¢s ai eXPenth￿re threcty r¢lating to the objectives ofthe
adminthbon ￿$1 of operab.ng the Ch¥ty
Gov$rn8nee costs indude au(*t costs. leg* Iwthe tru5tee5 any other costs
associated with consbthond stabjtsry ￿￿rreMe[lts.
SuFVOrt c0s￿- Ihe amounts disdos¢d under e&h ofthe calew.es ¢onyrise those costs
which are diTedty attribLrtab+e to Ihatcattgary togelher wilh ￿ apporbonment of st*pport costs.
Support costs are Ihose G¢sts that are not direthy attnbutr&deto a sin9le activty but provide the
ne¢essary orgBntsali¢Thal supportfoT dl lkne *trities ThesuppDrtcostsh2ve be
IttGatÈd to the ch*¥$ xbvib"e$ to W￿Ch they relale.
Consolldatlon
ILFA is a p*entcomp8ny 5ubJectto the smal corrp¥des' Ye￿￿e. ILFA and rts subsiclary
comprise a 5rnall group. ILFA is therefore Dot rewtted to and h￿dI0$art notto prepa￿ group
accounts.
Cash aT￿ ¢ash ¢4￿31•fits
Cash and eryjivaents ind45de oxsh in hand. depoyts hdd * call with b￿ks, other short-term
Ii¢wkd investmentswith orignal maknlilies of three rmnlhgor les3. wtd ￿￿k ovefdrafts. Bank
overdrafts are shown wthin borrowin￿ in eurrenl liablfoe
Flnancial instruments
ILFA h&8 decied to ap￿Ythe proMs1￿S ol Section ?1 'B8￿C Fina.rKia Instnjments, and.Q¢Y*nn
12'0ther Fina￿1￿ Instruments I$￿es. of FRS 102 to ai ofits fin￿1￿ h)struments.
Financial instruments we recognised in ILFA'S balm sh¥otwhèn ILFA becomes ptyto the
contradual provigons ofthe instrurnÈnt
Financi31 assets lat4"1rf)"&s we offset wth the net amjnts ptesented in ItEe ￿ar￿la1
statements. )vhM Ihere is a leath enforceable nahtto set uff the re¢o¢mised amounts and there is
#n intenton to on a net ba%s orto reaiise the asset and S•llJ8 the I￿lty grnultane(m￿y.

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 NOVEMBER 2025
Ba51¢ llnandal a55ets
Basic fIr¥ar￿laS 3ssets: whtch Include debtors and cash * bank bdance5. are In￿arY meawjred
attr8nsactiors price indud'ng ￿￿tion costs subsequentty carried at arnoFlised cost
using the effe¢lFve interest method unless the *mgement consbtsjtes a finawng trans*lign,
where the trgnsattion B measured atthe present vaue Df the fvbjre receipts dis¢ounted at a
market rate ofint8rest Fin￿Cla assets d￿ed a5 T￿e1V￿v￿1n ye¥ aiE not amortised.
Ba51G 11nanGlal liabililks
Ba&cfinaYial lia)i1￿Je$ inththng uecfitors b￿k10￿￿ 8re iniba¢ly r￿agnEed at
price unless the ￿￿)gernent conslfftrtes affin￿n9 trawction. where the debt instnjment is
measured at the present oflhe fulLÈre payments dEcounted at a mwkgt rats of interest
Financial liÈbiEties d￿fied as pwe wthn on¢ y¢ar are not ar[￿tised.
Debt inslrurnents are subsequently ￿ried at amortised cost, usng Ihe effecbve Interest rate
melhod.
Trade creditors 8re oUigah"ensto pay for goods or s￿]ceS that have ￿en wuired In the ordin
COUTse Df operalions from svppti8rs Alr￿nts payable *e dassified as current liabil￿eS il paymenl
due ¥￿thtn one year OT less If not they are Pr￿entsd * non<urrent tsax'lities. Trade creditOTS
Te iecognised In￿alY attr￿tion pl￿t 8nd wb5erweYty rrEagJred ot arnortEed fj05t Using thè
effECt'¥e inleFest method.
Financi￿ liabiliti"e5 are derecognised Wh￿ ILFA'scoDtra(*Ja obligat"on8 eX￿'re or are d¥harg8d
or cancelled.
Cash Flow Slatsment
The charty has taken advantage ofthe exenyth 8vaFthe in psaThh 7.1B of FRS 102 8nd
has not prepared ? cash flL)W Statemert
Critfjcal accourting esiimates and judge1￿
In tht applicatyon ol ILFA'S accountrg the trustees are required to make judgements.
esbrD*es and aSSu￿w￿0ns ab¢)ut amourrt ofa55ets and lia￿"*￿eS that are nDt rfadily
eppwent frorn other sour¢¢s. Jhe esb'mates a)¢ asswated assurtpts.ijns are based on histOriG
experierKe *)d other fth Ihat we consÈdered to be releva)t Actual results may dnyerfrorn
thesé estimates.
The estimattrs and Und￿￿'t¥j are ¥eviewed cn an On4￿n9 bass. Revision6 to
a￿OUntr.ng èstmates ¥e recowised in the period in whKth the estirnate is ¥evised wh￿e the
revi&on affe¢ts onty that peri(Kl, ¢x in the puiod ofthe revEion 8nd fijbjre periotswhere the
revisDn arfects t)oth Gutrtnt￿d fi￿are peri

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
Income
Unrestii¢ted Restricted
Tolal
2025
Totsl
2024
Subscriptions re¢wvèd
Members, contritrrtjtions
LEA- events
GJa dinner receipts
iscellaneous Income
15.000
49.91J)
6.0￿)
15.O¢X)
49.￿￿)
6.OC*)
14,400
28,250
14,95
4,650
10,000
1.418
1.418
76218
72 259
Investment In￿rne
Unrestrtcted Restrlcted
nds
Toial
2025
Total
2024
Interest receNatA•
309
322
Dlrect costs
2025
2024
Event costs
LEA C￿lS
Gala thnner ¢(
39,889
1,222
2804
19.857
2.724
43 915
26 041

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 NOVEAIBER 2025
CharItats￿ aGtlvllle5
2025
2024
WebsA8 dwon and hc4ing
°'oEet M￿ager1eeS
TeleFthone
Post. pllnting and stab¢Miery
Sundry expense5
A¢L6untaJ)cv
Legal and profeSsi￿al
Bank
1.OTK
39,6C
1.556
287
153
1.250
907
39.600
1.620
325
Y29
?n£
45.784
Sh8r¢ of 5UPPQrt costs
Share of governance ¢osts {see note n
42,878
1,250
43.684
2.100
44.128
45 784
An￿y555 by t'-
UnresI￿tsd funds.
Restri¢ted ftjnds
44.128
Support Costs
JDvemance r￿sIS indude5 prov￿10￿sfOT the fe¢s of Ihe ndependent xwmtsnt of£1,25012024.
£2.1001.
￿￿e Dfthe trustses ior any pe￿n&C￿￿d them) reGeive(I remuneration, benefits or
reTrmbursementol •xpenses (kn"ngthe wr.
Employees
Number of employtts
The cOrnp￿y hag no •MrAoy￿I2o24- NI)
12-

ILFA
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
10
The COm￿Y owns 10 Ordin*y shares cé£O.01 exh in ILFA Learning & Development ￿rnited,
representing 100% oflhat CO￿vanIS isvjed share o)ital. The Prir￿Ipa activity of Ihe subsi¢*ay
CoMp￿Y istre dev¢lopmentfoT res4e of lega professi(thl tsning progra￿￿￿e5 in a digital
forn￿t. During the year endèd 30 November 2024 ILFA Leaning and Develapment LimitÈdw
dormant, the company was subsequenyy thssolved on 26 August 2025.
11
Debtors
2025
2024
falSng ￿￿wE￿I￿ onè yw:
Tr2de debtors
Amount due to sub￿¢*.
Prepayments
13,049
12,500
1250
13.049
12
Credltoys.. aintyjiits falllng th*wAthlD one year
202S
2024
Trade cxethtor5
Sundry ￿e￿tOrS ￿CTU*
8.108
3.460
1.500
15.378
13
Contlngentllabililies
There were no related c￿tir¥Je￿I ￿.*"Ir0e$ that reqllte thyjosure, thting Ihe year12024- none).
Events after the reportlrKJ da
The Trustees remain wgsl•)t m*ntan re85on*)le exp**b"on Ihatthe Charity h8S
a(lequate fe50urcesto ¢(￿b"nue tn operation forthe foresee￿Ie futyjre from th¢ date ofappmva ol
these financid statetnents.
15
Related party transaction5
The Cory*)y paid management faes of£Na I2￿4". £Nillto ILFA Le¥ning and Devèlopm6nt
rnited.
13-