| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| AFRICAN LEADERSHIP INSTITUTE |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| AFRICAN LEADERSHIP INSTITUTE |
| AFRICAN LEADERSHIP INSTITUTE |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 13 |
| AFRICAN LEADERSHIP INSTITUTE (REGISTERED NUMBER: 04969904) |
| Report of the Trustees |
| for the Year Ended 31 December 2024 |
| The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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). |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| AfLI's objective is to promote transformative and accountable leadership, and the training of effective leaders in Africa. The Institute encourages and supports individuals in Africa, who are, or wish to be, in positions of leadership, to learn and to develop their skills through its flagship programme, the Archbishop Tutu Leadership Programme, which is partly delivered with Oxford University. |
| Beyond the Tutu programme, AfLI also designs and delivers programmes for other entities. These programmes provide a variety of leadership learning experiences to the individuals on the programme, the output of which, if relevant and appropriate, is made available to the general public. In addition, for the objectives to be achieved, significant funds have to be raised to implement the programmes. |
| Furthermore, we provided leadership training and coaching to the Calestous Juma Fellows, a selected group of Africa's top research scientists, funded by the Gates Foundation. We have also provided leadership training to the Financing Alliance for Health Fellows, an organisation of senior public health officials from various African countries |
| With around 400 Tutu Fellows, currently distributed across 46 African countries, a concerted effort is being made to facilitate active engagement of the Alumni network in advancing good leadership on the continent. |
| AFRICAN LEADERSHIP INSTITUTE (REGISTERED NUMBER: 04969904) |
| Report of the Trustees |
| for the Year Ended 31 December 2024 |
| ACHIEVEMENT AND PERFORMANCE |
| Charitable activities |
| The pool of nominations for the 2024 Tutu Fellowship was once again incredibly rich, and the resultant group of selected Fellows are an extremely impressive set of emerging African leaders. As in previous years, the nominators were asked to submit only candidates of the very highest quality. Nominations are not open to the general public as we would be totally swamped with applicants. The programme is designed to provide a world-class leadership learning experience to high potential mid-career young African leaders from government, business, the professions or civil society, and focusses on the demands placed on African leaders who have to interact and lead both locally and globally. The 2024 programme was a great success. |
| A central objective of the Institute is the development of a networked community of future leaders across Africa - The Archbishop Tutu Fellows Alumni. These Fellows, and other high potential young African leaders, will have at their disposal the facilities, the connectivity, the intellectual foundation, and the rich human resources of the Institute and the Alumni structure, to influence change and the successful development of the continent to reflect its rightful position in the global environment. An important step in this process is to ensure an effective Tutu Fellows alumni network is established, and we continue to take steps towards this elusive objective. The Tutu Fellows themselves continue to be very active leaders on the continent as evidenced by the numerous awards received, and other achievements publicised, during the year. |
| The programme for the first cohort of Calestous Juma Fellows continued during 2024, with the focus shifting to the provision of individual life coaching. This is a group of 14 African scientists, whom the Bill & Melinda Gates Foundation selected for their scientific achievements as well as their potential to be future scientific leaders on the continent. The Gates Foundation approached us to coordinate the Leadership Accelerator Programme for the second cohort of Calestous Juma Fellows, in 2025, which will involve not only leadership training but also communications and policy training delivered by partner organisations. |
| We were approached by the Financing Alliance for Health to deliver leadership training to their 2024 cohort of FAH Fellows - a selected group of public health officials from 5 different African countries. We provided training modules during two workshops, and an online seminar. |
| Fund-raising remains a priority for the Institute. Whilst sufficient reserves have been accumulated in previous years to carry the deficits of the recent years, funds need to be raised continually. These are required not only to balance the books, but also to grow the Institute in order to enhance the leadership capabilities of more young African leaders than the 25 we develop each year on the Tutu programme. The Gates and FAH programmes are examples of how we can reach a broader range of leaders. |
| We also wish to build upon the excellent reputation we have established, and to make more effective use of our capabilities and resources. Dr Chimhanzi, the CEO based in South Africa, has been very successful in raising significant funds in South Africa to supplement those raised in the UK for the Tutu Programme. In 2024, the South African Company transferred some of these funds to the UK Company, including funds from the Gates grant. The South African accounts are reported separately to the South African authorities, but, as Trustees, we take a consolidated view of our finances in our deliberations. With many speakers, faculty and service providers offering pro-bono or subsidised services, it is possible to run world-class programmes at low cost. However, our consolidated overhead costs have been increasing, which is an item we are watching carefully. |
| AFRICAN LEADERSHIP INSTITUTE (REGISTERED NUMBER: 04969904) |
| Report of the Trustees |
| for the Year Ended 31 December 2024 |
| FINANCIAL REVIEW |
| The main items of expenditure in the UK were the Tutu Fellowship workshop in Oxford and London, coordination of the Calestous Juma Programme, and general overheads. We reduced the Tutu Fellowship workshop by three days this year, which reduced the cost compared to 2023, but overheads increased marginally as there was a shift to paying more of our global expenses from the UK. |
| Sponsorship income in the UK for the Tutu Fellowship was comparatively low at £30,000. However, our sister organisation in South Africa was successful in raising significant funds from international foundations, such as the Skoll Foundation and the Mastercard Foundation, who support the Institute's goals of developing African leaders. AFLI SA also secured six corporate sponsors for the 2024 Programme. In addition, Gates Foundation funding for 2024, equivalent to about £167,000, was reported in the AFLI SA accounts to cover the costs of the Calestous Juma Fellowship programme. Part of this sum was transferred to AFLI UK to cover the UK based costs of the CJF programme. |
| Thus, although expenditure in the UK was noticeably more than funds raised in the UK, the transfer of funds from AFLI SA, to cover Programme expenses, reduced the accounted loss to £31,351. This shortfall was covered by a reduction in reserves carried forward. |
| FUTURE PLANS |
| The plan for 2025 and beyond is to consolidate the success of the Archbishop Tutu Leadership Programme, and to build a network of high potential future leaders across Africa committed to improving the quality of leadership on the continent. It is our intention to support these young leaders in their endeavours, through the Alumni Network and its activities, in order to encourage them to utilise their leadership capabilities for the betterment of the greater community of Africans, and to influence positively the future development of the continent. |
| The Calestous Juma Leadership project is an important initiative in broadening our leadership development reputation, and in reaching a different and important set of future African leaders. We will be coordinating the Accelerator Programme in 2025, in partnership with the Gates Foundation, and, unless there are unforeseen issues, we will continue in this role for the foreseeable future |
| The Board's attention is now focused on the sustainability of the Institute and its future strategy. Whilst our fundraising initiatives with programme sponsors and international philanthropic organisations have been successful, we remain alert to the vital need both to sustain these initiatives and to raise more funds to build a comfortable reserve. We will also endeavour to establish an endowment in order to secure our sustainability going forward. Furthermore, we will be seeking opportunities to employ our leadership development skills, together with the rich resources within our Alumni network, to deliver focused leadership initiatives for critical issues on the continent. |
| We will continue to review the governance and organisational structure of the Institute, both in the UK and South Africa. The two Boards hold regular joint meetings to ensure successful coordination of the activities and finances of the organisations. It has been agreed to follow this pattern in the future |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The organisation is a charitable company limited by guarantee, incorporated on 19 November 2003, and registered as a charity on 1 July 2004. |
| Recruitment and appointment of new trustees |
| The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Associaton. Under those Articles, at each AGM one third of the directors shall retire from office, but each retiring director shall be eligible for re-election. |
| AFRICAN LEADERSHIP INSTITUTE (REGISTERED NUMBER: 04969904) |
| Report of the Trustees |
| for the Year Ended 31 December 2024 |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Organisational structure |
| The directors of the company are also charity trustees for the purpose of charity law and under the company's articles are known as members of the Management Committee. Under the requirements of the Memorandum & Articles of Association one third of the directors are required to retire from office, but are eligible for re-election. |
| New Trustees are recruited through the existing Trustees network of contacts, and those of the Executive and Advisory Panel. No outside party can appoint trustees. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Company Secretary |
| Independent Examiner |
| Alvis & Company (Accountants) Limited |
| 143 Station Road |
| Hampton |
| Middlesex |
| TW12 2AL |
| Solicitors |
| Infields, 2 High Street, Hampton Wick, Kingston upon Thames, Surrey KT1 4DB |
| Bankers |
| National Westminster Bank, 1 High Street, Woking, Surrey, GU21 1ZS. |
| FUNDS HELD AS CUSTODIAN FOR OTHERS |
| No funds are held as custodian trustee on behalf of others. |
| Approved by order of the board of trustees on |
| Independent Examiner's Report to the Trustees of |
| African Leadership Institute |
| Independent examiner's report to the trustees of African Leadership Institute ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. |
| Responsibilities and basis of report |
| As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
| Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
| Independent examiner's statement |
| I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
| 1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
| 2. | the accounts do not accord with those records; or |
| 3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or |
| 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 other 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. |
| Brian Mason |
| The Association of Chartered Certified Accountants |
| Alvis & Company (Accountants) Limited |
| 143 Station Road |
| Hampton |
| Middlesex |
| TW12 2AL |
| 11 August 2025 |
| AFRICAN LEADERSHIP INSTITUTE |
| Statement of Financial Activities |
| for the Year Ended 31 December 2024 |
| 31.12.24 | 31.12.23 |
| Unrestricted | Total |
| funds | funds |
| Notes | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Investment income | 2 |
| Total |
| EXPENDITURE ON |
| Raising funds | 3 |
| Charitable activities |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 80,272 |
| AFRICAN LEADERSHIP INSTITUTE (REGISTERED NUMBER: 04969904) |
| Balance Sheet |
| 31 December 2024 |
| 31.12.24 | 31.12.23 |
| Unrestricted | Total |
| funds | funds |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 7 |
| CURRENT ASSETS |
| Debtors | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS/(LIABILITIES) |
| FUNDS | 10 |
| Unrestricted funds | 80,272 |
| TOTAL FUNDS | 80,272 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. |
| The trustees acknowledge their responsibilities for |
| (a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
| AFRICAN LEADERSHIP INSTITUTE (REGISTERED NUMBER: 04969904) |
| Balance Sheet - continued |
| 31 December 2024 |
| These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
| The financial statements were approved by the Board of Trustees and authorised for issue on |
| AFRICAN LEADERSHIP INSTITUTE |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Income |
| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
| Expenditure |
| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Computer equipment | - |
| Taxation |
| The charity is exempt from corporation tax on its charitable activities. |
| Fund accounting |
| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Company status |
| The charity is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. |
| AFRICAN LEADERSHIP INSTITUTE |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 2. | INVESTMENT INCOME |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Deposit account interest |
| HMRC Interest received | 200 | - |
| 3. | RAISING FUNDS |
| Raising donations and legacies |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Insurance |
| Website Hosting |
| Subscriptions |
| Exchange loss/(gain) | - | 45 |
| Bank charges | 36 | 35 |
| 1,644 | 1,640 |
| 4. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Depreciation - owned assets |
| Deficit on disposal of fixed assets |
| 5. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. |
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted |
| funds |
| £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Investment income |
| Total |
| AFRICAN LEADERSHIP INSTITUTE |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
| Unrestricted |
| funds |
| £ |
| EXPENDITURE ON |
| Raising funds |
| Charitable activities |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 80,272 |
| 7. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| COST |
| At 1 January 2024 |
| Disposals | ( |
) |
| At 31 December 2024 |
| DEPRECIATION |
| At 1 January 2024 | ( |
) |
| Charge for year |
| Eliminated on disposal |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| AFRICAN LEADERSHIP INSTITUTE |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Trade debtors |
| VAT |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Accrued expenses |
| 10. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.1.24 | in funds | 31.12.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 80,272 | (31,572 | ) | 48,700 |
| TOTAL FUNDS | (31,572 | ) | 48,700 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 217,862 | (249,434 | ) | (31,572 | ) |
| TOTAL FUNDS | ( |
) | (31,572 | ) |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.1.23 | in funds | 31.12.23 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 132,328 | (52,056 | ) | 80,272 |
| TOTAL FUNDS | 132,328 | (52,056 | ) | 80,272 |
| AFRICAN LEADERSHIP INSTITUTE |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 10. | MOVEMENT IN FUNDS - continued |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 246,314 | (298,370 | ) | (52,056 | ) |
| TOTAL FUNDS | 246,314 | (298,370 | ) | (52,056 | ) |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| movement | At |
| At 1.1.23 | in funds | 31.12.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 132,328 | (83,628 | ) | 48,700 |
| TOTAL FUNDS | 132,328 | (83,628 | ) | 48,700 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 464,176 | (547,804 | ) | (83,628 | ) |
| TOTAL FUNDS | 464,176 | (547,804 | ) | (83,628 | ) |
| 11. | RELATED PARTY DISCLOSURES |