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2024-12-31-accounts

ZOF Africa

Trustee Annual Report 2023-2024

Charity Number 1196885

Company Number CE027420

ZOF Africa

Annual Return and Financial Statements Year Ended 31 December 2024

Contents

Legal and Administrative Information

Trustee Report

Financial Review

Balance Sheet

Legal and Administrative Information

Charity Name ZOF Africa
Charity registration number 1196885
Company Registration Number CE027420
Date of Registration 2ndDecember 2021
Registered Office: Apt 802, Milne Building
Heritage Lane
London NW6 2AF
Governing Document Charitable Incorporated Organization (CIO) Constitution
dated 29/9/2021.
Trustees as of 31 December 2024
Georgina Fleming Chair
Alon Caspi Treasurer
Takunda Chingonzo Trustee
Bankers Lloyds Bank

Trustee Report

Our Aims and Objectives

ZOF strives to empower Zimbabwe’s next generation of entrepreneurs by funding digital technology education. We also arrange mentorship and career guidance for aspiring young entrepreneurs. We pair courses with laptops and educational aids which are gifted by corporate sponsors.

How our activities deliver public benefit

ZOF works with local partners to provide technology educational courses directly to youths from low-income backgrounds in Zimbabwe. Our aim is to create a positive feedback loop where the graduates of our courses will obtain the resources to impact the next generation.

The Trustees have had due regard to the Charity Commission’s guidance on Public Benefit.

Who used and benefitted from our services?

In 2024, ZOF empowered 90 high-potential, low-income students across Zimbabwe through transformative education in coding, robotics, digital marketing, entrepreneurship, and career development.

Key Milestones

Coding & Robotics

Digital Marketing Training

Girls' Career Coaching Workshop

Internship Opportunities

Financial Review and Governance

Principal Funding Sources

ZOF funds its activities from individual and corporate donors, mainly in the UK.

Management Committee

Members of the Management Committee are the Trustees of the charity.

Affiliated Party

ZOF Africa, a nonprofit organization under Section 501 (c ) (3) in the United states.

Balance Sheet as of 31 December 2023

Fixed Assets
Current Assets
Cash at bank and in hand
Net Current Assets
Net Assets
Unrestricted Funds
2023
£
-
2,619
2,619
2,619
2,619
2023
£
-
3,215
3,215
3,215

3,215

ZOF Policy for minimum Reserves

ZOF is required to hold a minimum reserve of £500 to cover any incidental costs.

Trustee selection method

Trustee selection is based on Charity Commission rules and the Charity’s constitutional document, following a due diligence of the new trustee.

Declaration

The trustees declare that they have approved the trustees’ report above. Signed on Behalf of the Charity’s Trustees

------------------------------------------------------

Georgina Fleming

Chair

Date : 09 October 2025

ZOF Africa ZOF Africa CharityNo 1196885 1196885
CompanyNo CE027420
Annual accounts for theperiod
Period start date 01/01/2024 To Period end
date
31/12/2024

Section A Statement of financial activities (including summary income and expenditure account)

Guidance Note
S01
S02
S03
S04
S05
S06
S07
Expenditure (Notes 6)
Expenditure on:
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
Extraordinary items
S18
S19
S20
Other gains/(losses)
S21
S22
Reconciliation of
funds:
S23
S24
Raising funds
Separate material item of income
Other
Other
Income and endowments from:
Investments
Total funds carried forward
Total
Net income/(expenditure) after tax
before investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Other trading activities
Charitable activities
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
Total funds brought forward
Net movement in funds
Other recognised gains/(losses):
Net income/(expenditure) before tax for
the reporting period
Total
Recommended categories by activity
Donations and legacies
Income (Note 3)
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
Total funds
Prior year
funds
£
£
F04
F05
Total funds
Prior year
funds
£
£
F04
F05
6,412 - 6,412 9,376
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
6,412 - - 6,412 9,376
173 - 173 1,653
6,832 - - 6,832 11,471
-
- - - - -
7,005 - - 7,005 13,124
593
-
- - 593
-
3,748
-
- - - - -
593
-
- - 593
-
3,748
-
- - - - -
593
-
- - 593
-
3,748
-
- - - -
- - - - -
- - - - -
- - - - -
593
-
- - 593
-
3,748
-
3,211 - - 3,211 6,959
2,618 - - 2,618 3,211

ZOF Africa Charity No 1196885 Company No CE027420

Section B Balance sheet

Guidance Note
Fixed assets
Intangible assets (Note 15)
B01
Tangible assets (Note 14)
B02
Heritage assets (Note 16)
B03
Investments (Note 17)
B04
Total fixed assets
B05
Current assets
Stocks (Note 18)
B06
Debtors (Note 19)
B07
Investments (Note 17.4)
B08
Cash at bank and in hand (Note 24)
B09
Total current assets
B10
Creditors: amounts falling due within
one year (Note 20)
B11
Net current assets/(liabilities)
B12
Total assets less current liabilities
B13
Creditors: amounts falling due after
one year (Note 20)
B14
Provisions for liabilities
B15
Total net assets or liabilities
B16
Funds of the Charity
Endowment funds (Note 27)
B17
Restricted income funds (Note 27)
B18
Unrestricted funds
B19
Revaluation reserve
B20
Fair value reserve
B21
Total funds
B22
Unrestricted
funds
£
F01

Restricted
income
funds
£
F02
Endowment
funds
Total this
year
£
£
F03
F04
Endowment
funds
Total this
year
£
£
F03
F04
Total last
year
£
F05
- - - - -
- - - - -
- - - - -
- - - - -
~~-~~ ~~-~~ ~~-~~ ~~-~~ -
- - - - -
- - - - -
- - - - -
~~2,619~~ ~~-~~ ~~2,619~~ 3,216
~~2,619~~ ~~-~~ ~~-~~ ~~2,619~~ 3,216
- - - - -
~~2,619~~ ~~-~~ ~~-~~ ~~2,619~~ 3,216
~~2,619~~ ~~-~~ ~~-~~ ~~2,619~~ 3,216
- - - - -
- - - - -
2,619 - - 2,619 3,216
- - -
- -
2,619 - 2,619 3,216
-
2,619 - - 2,619 3,216

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the trustees/directors

----- Start of picture text -----
Date of
Print Name approval
dd/mm/yyyy
Alon Caspi
15/10/2025
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CC17a (Excel)

15/10/2025

2

Signature of director authenticating accounts being sent to
Companies House
Signature Date
dd/mm/yyyy
15/10/2025
Alon Caspi Print name

CC17a (Excel)

15/10/2025

3