## 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**
- 90 students funded for foundational and advanced training
- 25 students progressed to follow-on courses
- 6 students from the 2023 cohort placed into internships
- First all-girls career coaching workshop conducted
- In-house assessments launched to track student progress and identify top talent
- Hosted a national webinar on Innovations in Digital Payments in Zimbabwe
## **Coding & Robotics**
- 50 students (60% girls, ages 14–18) trained in coding and robotics in Epworth
- 60% were first-time laptop users
- 25 top performers advanced to an intensive robotics course
- Students built functional robots, gaining skills in sensors, logic, and teamwork
- Career readiness sessions led by Joy Mahobele resulted in professional CVs and greater confidence
## **Digital Marketing Training**
- 21 students (62% women, ages 18–35) completed an 8-week practical training in SEO, social media, and email marketing
- Delivered in partnership with Afrodigital and Miracle Missions Vimba
- Focused on employability in Zimbabwe’s growing digital economy
## **Girls' Career Coaching Workshop**
- 13 teenage girls from a children’s home attended a 3-day workshop on entrepreneurship, goal setting, and workplace etiquette
## **Internship Opportunities**
- 6 top students from 2023 placed in internships with partners like The Maker Club
- Internships provided critical real-world exposure and professional development
- ZOF aims to expand internship placements for 2024’s top students
**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
**----- End of picture text -----**
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