Charity Commission Registration No• 1208156 CYBLACK Report and Financial Statements For the Year ended 01 October 2025
CYBLACK REPORT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDED 01 October 2025 Contents Pag& L481 and Administr8lNe Informatic R8POrt of the Trusl8es Independent Examinerfs rewrt Stalernenl ol Financial ActiwlKg$ Balance sheet 10 Notes forming part ol the Financial statements 11-13
CYBLACK REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 01 Octobèr 2025 LEGAL AND ADMINISTRATIVE INFORMATION Officers and Professional advisers TRUSTEES Irctioluwa Akcrcle OMOTOLA OLOII'OSULE ALIYU YI8A JUDE O.%AMOR REGISTERED OFFICE CIO AACSLACCOUNTANTS LTD WESTGATE HOUSE WEST SQUARE HARLOW CM201YS BANKERS LLOYOS BANK EXAMINER 4CSL Accounlanls Limited 1st FIr North Weslgale House Harlow Essex CM20 1YS CHARITY COMMISSION REGISTERED NUMBER 1208156
CYBLACK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 01 October 2025 The Trustees, for the purposes of the Chant'es Ad 1993 as amended and Statement ol Reccffnrnended Prath'ce ISORPI 2005, submrt their annual report and finanual slalernents for the year ended 01 Cktober 2025. The Trustees have adopted the provisions of the Slalemenl ol Reix)mmended PraCts" ISORPI'Ac<x)unb"rrfJ and RetK)rbng by Charib"es- i&sued In March 2005 in preparing the annual part and financi41 slalements oflhe Chanty. The Chanty is govemed by a Memcrdndum and A"eS of Associats"on PRINCIPAL ACTMTIES, AIMS AND ORGANISATION OF THE CHARITY The prin(apal act'vrties of the charity (x)nbnue to be the provisc ol ctharitaNe aLwties. The objects of the trust I'the obpcts'l are.. 1. The advancement of educa. for public benefil by providiThJ support fof AftTr Cyberseojrity tslents in Europ9. 2. To provide an en3Ing eommunity that is dedtated to nehvothng and LY)Ilaboration amngsl Afncan Cybersecurty talents in Europe. 3 To advance Cybersecurity cap¥Jty buildiThJ by prjIng inteThhip optKAWnilies to Cyterseajrity enthusasts across the glote lo promote empbyability. 4 To reduce the cybersecurty s.11 srtage by prowding pathways to empwnenl lor African tslents. 5 To improve diversity and indus in the cYSeInty industy by prov#Jiry career aid aThJ oppytunities for underrepresented groups THE MAIN ACHIEVEMENTS OF THE ORGANISATION DURING THE PERIOD WERE.. 1 CyBlack expanded 115 community globally, nnUIng lo run 10 inlerrnlmp cth¢yls acTos$ oye cybersecurity domain5, giving aspiring profe35iona15 hands exrienCe. 2 CyBlack Continued lo forge Strateg partneohips %ith ¢xganizaon$ like Cisco. ISC2, Vivida, and AnyRUN, enhan¢ing access lo training resources. hand&on tods, and profesOnal nehvorks for ils members 3 CyBlack marked a year of growth and impact by hosting a conference, expanding community training and inlemships, calalyzing career outcomes for dozens of members, and strengthening partnerships that deepen access lo learning and rareer pathways in cybersecurity.
CYBLACK REPORT OF THE TRUSTEES {Continued) FOR THE YEAR ENDED 01 October 2025 PLANS FOR THE FUTURE Cy8lack's fijlure pLqns are foujsed on expanding awssible Gytersec#Jrty educat, growing a global and divers8 profession81 neiwo¢K. hosb'ng rnore irnpactlul events. and ¢epening LXrats"OnS wth major industy partners all airn al empowering the next generab'on ol cybersewnty leaders. INCOME GENERATION The charity was able lo raise £23,632 from rmmenent ts"1101 Octcer 2025. Thi5 was raiseil within Ihe effort5 of the Injstees and via a grant from a funding oryanisab"on. Hopafully, we hope to do bett8r in tha Ic41owing year by so&'atiNJ supwts freffl non-tnjsteès RISKS The factors that may affect the Chanty's delivery ol its objeCveS irde.. Reputsb'on ol Charity and the reLqlionship wlh Ihe D)mminty. Ability to ggnerale enough funds lo succe&sfvJlty comwe the idenO'fd Fryects for the chanty. CYBLACK produce5 an annual plan lor delivery against ils objectives. This plan sets out Ihe targe15 for the year and 15 then broken down lo a work plan. CY8LACK has developed a 51ralegy, %thich 5Fwfies how il will deliver the key programme5 of work. The strategy also idenlifies targets and performance indicatcis. RESERVES POLICY The Charity aims lo build reserve whith will enabk rt to rrEel its average annual operats'onal need. The Trustees review the reserves held by the Charity on a regular basis to ensure Ihal an appropriate bvel olfiJr#ts is held lo meet the above p)licy of the Charity going lolward.
CYBLACK REPORT OF THE TRUSTEES {continuedl FOR THE YEAR ENDED 01 OCtor 2025 Governance and internal control A Board ol Trustees govems the chlty. New Trustees are seleded by the Board of Trustees and are subject lo re-election every five years. Al 01 October 2025, the Board had a membership of four people. The Board meets quarterly a year lo agree key policy decisions. sel the strategy for the charity and oversee its performance. Al present the Board has committee members %tho are reskK)nSIb for Ihe day-ltrday acti'e$ ol the charity. None ol the (ommittee memters a being remunerated. l Trustees receive the hand¥k for Trustees provKled through the Chanty Commissn. Each Trustee wll have an induction programrne by other Trustees and rec4ve an infcfftabon pack on the Charity and rts finances, Beyond this the Charity follows the cce ol practs.ce lor governance tThlu(d by the Governance Hub. Company law requires the Twstees lo prepare financial slalements fv each finanryal year, whith comply with the Charrties Act 1993 as amended The systems ol inlemal contrd are de5HJnl to W07d& reasonabL9, but not al)sdute. assurance against material rniS8tslemenl or loss. They includ8'. A strategic plan and annual twdgel approv*J by the Tru$l80s- Rul4r é¢tion by the Trustees olfinanrjal resulb. in partio)r varian¢e from btyl,. and Delegatn ol authority and segr8gatK)n of duties.
STATEMENT OF TRUSTEES RESPONSIBIUTIES IN RESPECT OF THE TRUSTEES, ANNUAL REPORT AND THE FINANCIAL STATEMENTS The Iruslees are spOnSible for preparing the Trustees, Annual Rert al the financ4al statements in accordance applicable law and regulal'ons. Company law requires the Iruslees lo prepare finaal statements for eath fin8n(i81 year in accordan wlh UK Accounting Standards and applicable law (UK Generally Accepted Accounbng prath"1. The finanaal slalements are required by law lo give a bije and lair view ol stste of affairs ol the charrtable company and ol the exc8ss ol income over expenditu for that riod. In preparing these financial slalements, th8 trustees are rw4uired to.. Select suitsble aCJnI.0g FKdKies and then ap them C£&Stend, Makejudgements and eslimales that are reasonable and pnjdentr, Stsle whether applicable UK Accounting Stsndards have teen folkyAd. suty'ect to any material depariures disdosed and explained in the finanoal statements.. and pare the finanual stslefflenls on going u)rthm basis Un$S il is inapwriale to pSuMe that Charity will continue in ils actiwty'es. The trustees are responsible for keepir%J woper acuwnb'ng rw)yds that disclose reaSonae accur8Gy al any lime the financial position ol the charitsble cornpany and enable Ihem to ensure Ihal its financial staiem8nts cornply with the Charities Act 1993 as amended. They have general responsibility fu tskn.ng suc steps as are reasonatAy OFefb to thern to safeguard the assets ol tho charitable company and lo prevent and detect fraud olher irregulanties.
CYBLACK REPORT OF THE TRUSTEES {continuedl YEAR ENDED 01 October 2025 DISCLOSURE OF INFORMATION TO EXAMINER The Iruslees who held Offi al the dale of approval of this Injsiees, retM)rt o)nfimi that. so far as they are eath aware, th8re is no relevant infomialion of which the chari$ examiner is unaware.. and each trustee has tsken all th8 Steps that helshe ought lo have taken as a Iruslee lo make himseWI hersem aware of any revant infrmiabon and lo establish that the Charity's examiner is aware of that infomiation. EXAMINER In line with the prowsion exemption in Ihe Charities Act 1993 as arnended, Ihe trust deuded lo appoint an exarniner, which will revi8w the accounts lor the year ended 01 October 2025. In accordance wilh this appointment, AACSL Accountants Limited was appointed as examiner. Approved by the Board ol Trustees and signed on ttham ol Ihe Board by.. IretSoluwa Akerele Trustee 12 February 2026
Independent Examiner's Report to the Trustees of CYBLACK I report lo the Iruslees on my examinabon of aco)unts of the CYBLACK TrLLqI for the year ended 01 Octottr 2025, which are sel out on pages 9 to 13. Responsibilities and basis of report As Ihe charty Iruslees of the Trust, you are restKfflsit4e fcrf Ihe prepardb.on ollhe accounts in aCcorda[e th the requirernents of the Charities Act 2011 Ilhe Arti. I report in respect of my examinab.c ol Ihe Trusfs ac(xJunts Car wl under 145 of the 2011 Act and in carrying out my 8xaminat)n I have followed all the applicable Direthons given by the c9rity CorNnSk)n under secton 14515llbl ol the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have eome to my attention in tx)nnection the examinalK)n giving me cause lo believe that in any mgleri81 respect.. 1. Accounb"ng records were not kept in respeca of the Tnjsl as required by se¢fyJn 130 01 Ihe Act.. OT 2. The a¢(nts do nol accord wilh those records. I have no cnnchms and have corne across M) other matters in COnr¢t)n wth the examinat to which attention should be drawn in this report in order lo enable a proFer understanding of the acc(wJnts to be read)ad. A4CSL Accounlanls Limited 1st FIr North Weslgale House Harlow Essex CM20 1YS 7 November 2025
cYBLK STATEMENT OF FINANCIAL ACTIMTIES {Incorporating an Income and Expenditure Account) for the year ended 01 october 2025 Un-roslrf¢tod fund$ Re$trf¢t•d Funds 2025 2025 Total Funds 2025 NOÈS INCOMING RESOURCES Donal'ons, Legacies and sirikr inclw reurS 7.937 15.695 23.632 TOTIL INCOMING RESOURCES 7,937 15,695 23,632 RESOURCES EXPENDED Cost of 9onor8llng lunds.. Costolgenerafjng voluntyry Incon 6,988.60 6,988.60 Charllablo klfvllle8: Conmwnity Projetsloher RvrS Expended 15.495 15,495 00 Governance TOTIL RESOURCES EXPENDED 6,988.60 15,495.00 22,483.60 Nelinconllexpendre> 200 1,148 Funds broughlbrward NelnK)venEnlin nd$and ndS b8hnce rrd brward as al 30 Novener 2025 200
cyBK Balance Sheet as at 01 october 2025 2025 Total Notes CURRENT ASSErs Debbfs and aUed Cash al bank and in hand 1,628 1,628 CREDITORS.. amount falling du• thin ong y•ar 14801 Nel CurrenlassetrJlL&4bihesl 1,148 TOTIL ISSETS LESS CURRENT LIIEILITIES FINANCED BY.. Unrgstricbd lJnds 948 Restricèd Funds TOTNL FUNDS 200 1,148 For the year ending 01 Od0t¢r 2025, Ihe Charity wa5 enDlled lo exemplhM from audil under section 477121 of the Companie5 Ad 2006. The mernber5 have not required the company lo obtain an audit in aca)rdarKe with section 476 of the Compan5 Act 2006, The trustees acknowledge their responsibility lor cOmr th the requirement ol the Companies Act 20Cé with respect lo accounting records and the preparation olaccounts. The Accounts was approved by the Board of Truslees and signed on behalfof the Board by.. Iretloluwa Akerele Trustee 12 February 2026 10
CYBLACK NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 01 (ktober 2025 ACCOUNTING POLICIES Basis of preparation The finanaal stslemenls have been prepared under the histori(31 cnst CL)nvents'C. The financial statements have been prepared in accordance with the Ststemenl ol Recommended Pracb'¢* ISORPI. "Ac(owibng and Repoiting by Charibes°120051, the Charity Act 1993 and applicable UK a(tounting stsndards. Cash fiow statement Under FRS 1 the Charty is exempt from the requirement to prepa a cash fiow ststemenl on the grounds that the charty is below the threshold speafied in Appendix 2 of the FRS1. Fund accountlng General funds are unrgslric18d funds which are availatAe for use al discretion of the Trusi8gs in fvrtherance ol the objectiV8s of the Charity and which have not been designated lor other pUrSe5. Restricted funds are funds which are lo be used in accordarth Iwlh speufic rèstrictions imposed by donors or which have been raised by the Charity lor particular purp)ses. The costs ol raising and administerin9 sud) funds are charyed against the specific fund. The aim and use ol each resin'cted fund are sel out in Note 2. Investment income and gains are allocated lo atvopriale Incomlng reyources AJI incoming resources arè induded in thè Slalement of Finaneial A¢tiwtss ISOFAI when the Charity is legilly ènlillÈd to the income 2nd the amount can be quantified reaSLae accuracy. The grant income where related lo Performan and specifie d6liver2bles are aecounled for as the Charity eams the rohl lo consideratK)n by its perf0mlan. Where ineome is CeiVed in 2dv2ne6, its recnlon is delerred and induded in eredilcKs. Where enb"llemenl occurs before ineome being te1ved, the income 1$ accrued. Resourceg expended l expenditure is accounted lor an accruals basis and has been dassified under headings that aggregate all costs related lo the category. Where costs cannot be directly attributed lo particular headings they have been allted lo acb'vities on a basis consislenl th the use of resoUrs. Premises ovetheads have been allocaled on a flr basis and other overheads have been allocated on the basis ol the head count. Community prqect are those ¢osts incurred direclly in suppgrt ol the ot4.ects of Ihe Charity. The wmmunity project cost includes other support costs incurred in support ol the objects ol the Charity. Governance costs are those in¢urred in connection with governance arrangement ol the Charity. whth relale lo Ihe general running of the Charity and mplI8n with constibjtional and 51alulory requirernen15. The basis ol allLKati¢M for support eosts governan (xysts has been explained in Note 3.
CYBLACK NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 01 OctOr2025 CYBLACK NOTESTO THEACCOUNTS FOR THE YEAR ENDED 01 octobÈr2025 Note 2. TOTAL INCOMING RESOURCES VolunÈry IrKJ)ThE 2025 Un-restrf¢l•d'. Donations, Lega(s and inoyrrrtJ reur$ 7,937 Reslrfcled.. Other directColecS)n$ 15,695 23,632 Notè 3. TOTAL RESOURCES EXPENDED Direct Cost• Support Costs 2025 Total Coslolgeneiatng fvnds Restrd CharikbLe Costs Governance Costs 6,509 15,495 480 22.484 1S.495 480 6.989 15.495 The trustalocaÈs al ojsts as thown li the tsble ale. Costs are akncatd beeen dreclojsts and >Jpporlo)sts based on he acbal expendre and nabre oltransaLJr Not• 4. CREDITORS.. amunt falling dug wlthin one year 2025 This 15 made up as followa: Loan from Tru*e Attounbncy. Taxatrjn and other SwKes Legal Costs Note S. Total Funds 2025 Reserve broughlForward SuYplusllDefi¢tl for Ihe year 1,148 1,148
Note 7. TAXATION CYBLACK is a gIstered charity and is thus exempl frorn taxab.on ol its in(xxne and gains falling wrthin Seth"on 505 of the Income and Corporation Taxes Act 1988 or Seth"on 256 01 the Taxab"on of Chargeable Gains Act 12 to the extent that they are applied lo its charitable objethves. No tsx charge has arisen in the year. 13