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2020-12-31-accounts

Trustees Report and Accounts for the period 4 February 2020 to 31 December 2020

Registered Charity Number 1187749

Kizazi Trustees Report and Accounts

for the period 4 February 2020 to 31 December 2020

Contents Pages
Offcers & Professional Advisers 2
Trustees’ Report 3
Independent Examiner’s Report 12
Statement of Financial Activities 14
Balance Sheet 15
Notes to the Accounts 16

Kizazi Annual Report and Accounts 2020

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Officers and Professional Advisers

|Board of Trustees|Vandana Goyal | Chair
Susannah Hares
Seema Bansal
Richard Cheesman (resigned February 2020)
Nikki Feltham (resigned May 2020)| |---|---| ||| |Founder and CEO|Nicholas Canning| ||| |Registered Charity Number|1187749| ||| |Address|30 London Fields East Side
London E8 3SA| ||| |Independent Examiner|Gregory Smye-Rumsby ACA CTA
Dixon Wilson Chartered Accountants
22 Chancery Lane, London WC2A 1LS| ||| |Bankers|Barclays
120, Moorgate, London, EC2M 6UR|

Legal Status

Kizazi is an independent charity registered as a Charitable Incorporated Organization by the Charity Commission for England and Wales with the registration number 1187749. Kizazi was registered on 4th February, 2020.

Prior to being established as an independent charitable entity, Kizazi was fiscally sponsored as a project by Together Education (a US based non-profit organization). Together Education’s fiscal sponsorship of Kizazi continued thereafter until Kizazi was ready to manage its own finances and ended effective 30th April, 2020. The accounts in the report therefore only reflect the financial activities after 30th April, 2020.

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Trustees’ Report For The Period 4 February 2020 to 31 December 2020

I. Our Mission

Kizazi exists to ensure this generation of children are empowered by education to thrive, wherever in the world they grow up.

To deliver on this purpose, we work with local partners to develop, implement, and spread breakthrough school models in under-resourced communities around the world.

II. Why We Exist

Across the globe there is a learning crisis: 1) 90% of age 10 children in low-income countries cannot read with comprehension, compared with only 9% in high-income countries ( Azevedo et al. 2019 ); 2) One third of the working age population in low- and middle-income countries lack the basic skills required to get quality jobs (World Bank); 3) Schools are also not developing the broader knowledge, skills and values children and societies need to thrive in the 21st century ( Secondary Education In Africa: Preparing Youth For The Future of Work ). Furthermore, the pandemic has laid bare and exacerbated the inequities and weaknesses in education systems.

Current models of schooling across the developing world are not meeting the needs of children. Through our work with our partners in the last three years we are witnessing common problems in school model design and implementation across geographies –

  1. Ineffective teaching and learning processes e.g., narrow aims of teaching that are not focussed on whole-child development, pedagogy based in rote learning, limited in-school support for teacher development, and ineffective use of technology

  2. Lack of wider support for children e.g., lack of systems to ensure pupil safety and wellbeing, insufficient support to address consequences of adversity and individual learning needs, insufficient engagement of parents and communities

  3. Systems not aligned to support learning e.g., schools held accountable for process compliance not learning, curricula are overly broad and not relevant to students and the world they live in, wider system supporting schools not aligned to clear goals for improving student learning

We need to develop better school models and support their implementation at scale. Therefore, our charitable objective is to advance education of the public in general and in particular to assist worldwide in the provision of technical resources, support, and information to individuals, organisations and group to increase their capacity to develop,

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manage and run schools for the public benefit, with the objective to improve the quality of education in deprived communities.

III. Our Solution

Kizazi works with local NGOs and governments to help them develop and spread breakthrough school models. Our theory of change below describes the key objectives of our work:

Kizazi works with NGOs & local government partners to deliver on the above objectives through four key mediums:

IV. 2020 Activities, Highlights, and Performance

Despite the challenges of the global pandemic and a breathtaking range of issues faced by our local partners, the year 2020 left us inspired by the perseverance of our local partners, their communities and, most of all, the children. We ended the year working with 8+ local teams across Africa and Asia to develop breakthrough school models for 20,000+ children. Below are the key highlights of Kizazi in 2020 -

1. We supported partners to strengthen school models, support children during the pandemic, and deliver improved learning outcomes

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In India, we worked with Simple Education Foundation, which works with 5 government primary schools serving ~1,000 children in Delhi and Uttarakhand. We supported SEF to strengthen their school model by defining their student vision, developing curriculum that integrates academic learning and their whole child vision, implementing new processes for evaluation & innovation, codifying the program, and developing plans for scale. In 2020, we also supported SEF to implement a remote learning program to support their students during school closures, both for foundational learning as well as socio emotional support.

Shifts have been recorded in teaching practises which are now more student centric and evidence informed. The data below reflects the outcomes of the remote learning program implemented by SEF. Students (who have access to phone and internet) in the two intervention schools (Bhim Nagri and Pushp Vihar) were delivered a unit of learning and their mastery in SEF’s student vision indicators (e.g., communication, collaboration) and academic competencies was measured at the end of the unit.

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Snippets from the remote learning program at SEF - online feedback and voice notes

We worked with the SEF leadership to help them define their long-term strategy to scale

In India, we also worked with Akanksha Schools, a school network operating 22 government secondary schools in Maharashtra, India. We supported Akanksha to develop a comprehensive framework that defines their student outcomes, describes benchmarks for learning and includes a collection of tools for assessment and evaluation. We have currently paused our support to Akanksha leadership as they reassess their priorities in light of Covid-19. Akanksha teams continue to be a part of any partner wide COVID-responsive learning and support opportunities.

In Ghana, we supported a team of Teach For Ghana alumni to develop their plans for an organization (Eke Schools) to operate a school network with an innovative and pioneering model. We paused our support to the team as they faced delays in securing local and central government approval to launch due to the Covid-19 pandemic.

We launched a global collaboration to reimagine learning for after the pandemic. We worked with the innovative School 21 in London to help all our NGO partners experience project-based learning in action as they each explored how to evolve their models during and post the pandemic. Five program leads and school teams attended a series of workshops led by School 21 over a one-month period.

2. We launched new partnerships with local NGOs and governments to develop breakthrough school models

After over a year of planning and development with our partners at Teach For Armenia, we were thrilled to support the launch of the first Seroond School in September 2020 in a government primary school in the border region of Tavush. Since launching, the community has faced the devastating circumstances of an international conflict occurring during a global pandemic, making even more obvious the critical need for schools to support student wellbeing. We are working with the Seroond team to test and refine a whole-child development school model with the aim of supporting adoption by schools across the region and beyond.

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First Day of Seroond and Local News Coverage

We partnered with the Education Reform and Innovation Team (ERIT) and Lagos State Government to launch a program to strengthen junior secondary schools in the state. After working with the local team to develop plans, we launched the program in 2021 starting with a system diagnostic and needs analysis.

Kizazi began work in Sierra Leone with the National Youth Awareness Forum (NYAF), a leading local NGO working with rural schools, to help strengthen and scale their approach to whole school transformation. NYAF is currently working with 30 government primary schools under the Sierra Leone Government’s Education Innovation Challenge.

3. We supported educational innovation across Africa

Kizazi worked with the African Leadership Academy in supporting their Anzisha Education Fellows to launch and grow high-potential schools all over Africa. We virtually supported a cohort of five school teams from Nigeria, Senegal, Burundi, Egypt, and the Democratic Republic of Congo to identify, test and refine their learning models, while codifying their approaches to enable sustainability and scale.

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The ALA cohort members: Manasse (DRC), Beehive (Nigeria), Village Health Works (Burundi), Act Schools (Egypt), Sabs Education (Senegal)

More broadly, a key goal for us is to develop and share a unique set of tools and resources in excellence in school design and management. We continue to capture considerable knowledge on breakthrough school models in the form of case studies, tools and templates. In the coming years, we aim to launch an online platform to share our knowledge with the wider community.

4. We continued to build strong foundations of our organization

We continued to make progress to strengthen the our organization in –

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Public Benefit

When reviewing our aims and objectives and in planning our future activities, we have referred to the Charity Commission’s general guidance on Public Benefit and on running a charity (PB2),’ The Trustees’ focus has always been to measure how planned activities will contribute to the aims and objectives they have set.

Structure, Governance and Management

Kizazi is registered with the Charity Commission for England and Wales as a Charitable Incorporated Organisation.

Kizazi is managed by a Board of Trustees appointed to three year terms. The Trustees during the year and currently (and other Officers and Professional Advisers) are as noted on Page 2. All our Trustees give their time on a voluntary basis and are passionate advocates of the charity’s work.

The Board meets virtually not less than 3 times a year with frequent individual teleconference meetings as per need. The skills, experience and commitment of our Board of Trustees are regularly reviewed. Where there are gaps, potential new trustees will be invited to an informal interview with the Chair and other trustees and to attend a Board Meeting as an observer before a formal appointment is made.

Risk Management

The trustees continually assess the major risks to which the charity is exposed and systems have been established to mitigate these risks. The charity's risk register will be reviewed annually at the Trustees meeting.

The principal risks during the challenging context of COVID-19 pandemic have been securing sustainable income and maintaining the quality of operations of the programme. Cashflow risk is mitigated by quarterly reviews of the funding pipeline for the following twelve months. The programme quality is carefully tracked through monitoring systems, KPIs and evaluations.

Pay Policy For Senior Staff

All staff are paid in accordance with a salary scale which is reviewed each year, this includes the CEO’s salary which is approved and reviewed by the Board.

Financial Review

Kizazi’s annual income for 2020 was £236,427. In 2018, Vitol Foundation and UBS Optimus Foundation committed 3 year grants to Kizazi. Funds from these grants were managed by Kizazi’s fiscal sponsor Together Education up till 30th April, 2020. Post that,

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the remainder amount from the funds received up till 30th April were sub-granted to Kizazi.

During the course of 2020, we were delighted to receive further instalments of unrestricted grants from Vitol Foundation and UBS Optimus Foundation, a grant from Rockdale Foundation for our work in Sierra Leone, and an unrestricted grant from Peter Cundill Foundation.

In addition, African Leadership Academy covered the costs of our support to their Anzisha Education Accelerator Program to work with five school operators across Africa to strengthen and codify their school models.

Income and Expenditure

The total income for the financial year was £236,427 and the total expenditure was £206,485.

Free Reserves

The trustees’ policy on income reserves is to maintain sufficient financial reserves to cover the charities short term liabilities. At the end of the financial year ending December 2020, reserves, which are shown as unrestricted funds in the balance sheet, were £29,942. This is in line with the reserves policy.

Grants Received in Year

Kizazi is grateful for the support during the year of the following:

Trustees' Responsibilities In Relation To The Financial Statements

The law applicable to charities in England and Wales requires the Charity 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 income and expenditure for that period. In preparing the financial statements, the Charity is required to:

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Prepare the financial statement on the going concern bosis unless it is inappropri¢Jte to presume that the CIO will continue in operation for the foreseeable future: and Observe the methods and principles in the Charities SORP (FRS 1021. The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Chority (Accounts ond Reports) Regulotions 2008 and the provision5 of the CIO'S governing document. They ore also responsible for sofeguarding the assets of the chority and hence fortaking reasonable steps for the prevention and detertion of fraud and other irregularities. Approved on behalf of the Trustees Vandona Goyal Chair Of Trustees Doted: 19 Jan, 2022 Kizazi Annual Report and Accounts 2020 li

Independent examiner’s report to the trustees of Kizazi

I report to the trustees on my examination of the accounts of the Charitable Incorporated Organisation (“CIO”) for the period 4 February 2020 – 31 December 2020.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). You are satisfied that an audit is not required for this year under charity law and that an independent examination is needed.

I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Dixon Wilson, a firm of Chartered Accountants of which I am a partner, has provided bookkeeping services to the Trust and I have applied the FRC’s Revised Ethical Standard in carrying out my examination.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the accounts present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

Independent examiner’s statement

I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the CIO as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

G SMYE-RUMSBY ACA CTA

Dixon Wilson Chartered Accountants 22 Chancery Lane London WC2A 1LS

03/02/2022

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STATEMENT OF FINANCIAL ACTIVITIES
ACCOUNTS FOR PERIOD 4 FEBRUARY 2020 TO 31 DECEMBER 2020
2020
£
Note Unrestricted funds
Income and endowments from:
Grants 2 228,733
Other trading activities 4 7,694
Total income 236,427
Expenditure on:
Charitable activities 5 (206,485)
Total expenditure (206,485)
Net income and net movement in funds 29,942
Net movement of funds 29,942
Reconciliation of funds
Funds b/f -
Funds c/f 29,942

All amounts are in respect of continuing activities.

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BALANCE SHEET ACCOUNTS FOR PERIOD 4 FEBRUARY 2020 TO 31 DECEMBER 2020 Note 2020 Current Asset$ Cash at bank Debtor5 54,696 447 Totsl Assets 55,143 U•bllStleJ Credltors.. Amounts falllng due wSthln one year 125,2011 N•t cuYr¢nt •16rts 29,942 Totsl 4$￿ts lem Ilabllltlei 29,942 Tot•1 fundi of the¢h•rlty Unrestricted Income funds io 29,942 Total fund6 29.942 The f5nanclal statements on pages 13 to 14 were approved by the Trustees on 19 Jan, 2022 slgned on their behalf bv:_ and were Vandana Goyal Chalr of Trustees The notes on pages 15 tt1 20 fomi part of these financlal statèments, Kizazi Annual Report and Accounts 2020 14

ACCOUNTING POLICIES

ACCOUNTS FOR PERIOD 4 FEBRUARY 2020 TO 31 DECEMBER 2020

1. Accounting policies

The principal accounting policies adopted, judgement and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

(a) Basis of preparation and assessment of going concern

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2019 and the Charities Act 2011.

Kizazi meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The trustees consider that there are no material uncertainties about the CIO's ability to continue as a going concern. There are no significant areas of adjustment and key assumptions that affect items in the accounts.

(b) Fund accounting policy

Unrestricted funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.

(c) Incoming resources

All income is recognised in the statement of financial activities, when Kizazi has entitlement to the income, it is probable that the income will be received and the amount of the income can be measured reliably.

Grants are recognised when the Kizazi has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Income for trading activities comprises the fair value of the consideration received or receivable for the provision of services provided under service agreements. The charity recognises trading income when it is probable that future economic benefits will flow to the entity, the amount of income can be reliably measured and the entity becomes entitled to the work under the terms of the agreement.

(d) Resources expended

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Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Charitable activities include staff costs for those individuals whose time is spent directly on further the CIO's charitable aims and the governance and support costs, in connection with the management of Kizazi including the accountant’s fees, organisational administration and compliance with constitutional and statutory requirements.

(e) Financial instruments

Financial instruments are recognised in the company’s Balance Sheet when the company becomes party to the contractual 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 right 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.

Basic financial assets

Basic financial assets, which include receivables and cash at bank, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities

Basic financial liabilities, including payables, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

(f) Trustees

None of the Trustees were reimbursed for expenses or received any remuneration during the year.

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INCOME INCOME
ACCOUNTS FOR PERIOD 4 FEBRUARY 2020 TO 31
DECEMBER 2020
2. Income 2020
£
Grants from institutions 228,733
228,733
3. Grants from institutions
Peter Cundill Foundation 7,770
Peter Cundill Foundation Grant 79,467
Rockdale Foundation 20,299
Together Education 4,710
UBS Optimus Foundation 71,242
Vitol Foundation 45,245
228,733
4. Other trading income
Service fees and consultancy 7,694
7,694

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EXPENDITURE EXPENDITURE
ACCOUNTS FOR PERIOD 4 FEBRUARY 2020 TO 31
DECEMBER 2020
5. Charitable Activities Direct activities
£
ConsultancyFees 5,614
Wages and salaries 193,030
198,644
Support costs allocated to charitable activities:
Travel expenses 1,087
IT & Software 1,205
Branding 1,032
Insurance 203
Office supplies 17
Accountancy fees 3,250
Independent examination fees 750
Bank charges 297
Total expenditure on charitable activities 206,485
Number of employees of Kizazi who earned from: 2020 numbers
£60,001 to £70,000 0
£70,001 to £80,000 0
£80,001 to £90,000 (*) 1
1

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CASH
ACCOUNTS FOR PERIOD 4 FEBRUARY 2020 TO 31 DECEMBER
2020
6. Cash 2020
£
Cash at bank and in hand 54,696
54,696
7. Debtors 2020
£
Prepayments 447
447
8. Creditors 2020
£
Taxation and social security 19,076
Accruals 6,125
25,201

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ACCOUNTS FOR PERIOD 4 FEBRUARY 2020 TO 31 DECEMBER 2020

9. Taxation

Kizazi is a registered charity and as such is exempt from tax on its income to the extent this is applied for charitable purposes.

10. Analysis of funds At 4 February
2020		 Incoming
resources		 Resources
expended		 Transfers At 31 December
2020
£ £ £ £ £
Analysis of fund movements
Unrestricted fund - 236,427 (206,485) - 29,942
- 236,427 (206,485) - 29,942

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