IZ ASSIST UK CIC

Company Registration Number:
14687128 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

IZ ASSIST UK CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

IZ ASSIST UK CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Additional information

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Derek Lubner
 Jillian Gail Ritchie
 Jan Hendrik Swanepoel
 Alexandra Leenen
 Conal Lewer-Allen

The director shown below has held office during the period of
1 April 2024 to 27 September 2024

Godwin Perils

The director shown below has held office during the period of
1 April 2024 to 23 September 2024

Charlotte Anne Coetzee

The director shown below has held office during the period of
13 June 2024 to 31 March 2025

Ricardo Wyngaard

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 December 2025

And signed on behalf of the board by:
Name: Derek Lubner
Status: Director

IZ ASSIST UK CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 13 months to 31 March 2024


£
£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: 7,002 ( 481,031 )
Other operating income: 0 0
Operating profit(or loss): 7,002 (481,031)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 7,002 (481,031)
Tax: 0 0
Profit(or loss) for the financial year: 7,002 (481,031)

IZ ASSIST UK CIC

Balance sheet

As at 31 March 2025

Notes 2025 13 months to 31 March 2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 240,489 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 240,489 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 3,675 0
Investments:   0 0
Total current assets: 3,675 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 718,093 ) ( 480,931 )
Net current assets (liabilities): (714,418) (480,931)
Total assets less current liabilities: (473,929) ( 480,931)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (473,929) (480,931)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (474,029 ) (481,031 )
Total Shareholders' funds: ( 473,929 ) (480,931)

The notes form part of these financial statements

IZ ASSIST UK CIC

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 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 Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 29 December 2025
and signed on behalf of the board by:

Name: Derek Lubner
Status: Director

The notes form part of these financial statements

IZ ASSIST UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Intangible fixed assets amortisation policy

    Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

    Other accounting policies

    Foreign currency translation Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Nonmonetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. Creditors Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

IZ ASSIST UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 13 months to 31 March 2024
    Average number of employees during the period 2 7

IZ ASSIST UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2024 0 0
Additions 240,489 240,489
Disposals
Revaluations
Transfers
At 31 March 2025 240,489 240,489
Amortisation
At 1 April 2024 0 0
Charge for year
On disposals
Other adjustments
At 31 March 2025 0 0
Net book value
At 31 March 2025 240,489 240,489
At 31 March 2024 0 0

IZ ASSIST UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 13 months to 31 March 2024
£ £
Trade creditors 7,888 840
Taxation and social security 2,309
Accruals and deferred income 1,920 29,848
Other creditors 708,285 447,934
Total 718,093 480,931

COMMUNITY INTEREST ANNUAL REPORT

IZ ASSIST UK CIC

Company Number: 14687128 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

During the current financial year, iZinga Assist focused on streamlining its core service delivery to verify and rate the Nonprofit Organisation (NPO) sector, and enhancing operational efficiency to better serve our growing client base. By integrating advanced support systems and optimising resource allocation, we successfully further developed the platform, expanded our reach while maintaining a high standard of professional excellence. These activities directly benefited the community by increasing local accessibility to essential services, creating the gold standard for governance, and fostering economic resilience through a commitment to local legislation. Furthermore, iZinga Assist contributed to social empowerment by hosting skills development initiatives and adopting digital-first, sustainable practices that reduce our environmental impact, ensuring that our growth contributes positively to the long-term well-being of the regions in which we operate. We ran an successful pilot in South Africa to prove the concept and the platform functionality, and onboard 45+ NPOs with 10 totally verified. The feedback was overwhelmingly positive and the need for the service unsurpassed.

Consultation with stakeholders

iZinga Assist identifies its primary stakeholders as our corporate partners, non-profit organisations (NPOs), government bodies, and the broader community. Throughout the financial year, we maintained direct and constant interaction with the NPO sector, providing specialised mentoring and education to strengthen their operational capacity and impact, why verifying and rating their performance. We successfully established and nurtured strategic partnerships with MacRobert Attorneys, Shoprite Holdings, and Primedia, ensuring that our collaborative efforts align with shared social responsibility goals, to enable our core value of restoring trust and transparency between the donor and the NPO. On a policy and strategic level, iZinga Assist engaged in high-level consultations with the United Nations Development Programme (UNDP), alongside various South African national and regional government agencies. These consultations were conducted through structured forums, collaborative workshops, and direct advisory sessions. In response to the feedback received, particularly regarding the need for more localised support, the company has implemented more agile service models and enhanced our educational curricula to better address the specific regulatory and economic challenges faced by our stakeholders. We have finished the donor and donation journey and will launch this as the complete solution and platform functionality in the following quarters.

Directors' remuneration

For the period ending March 2025, total directors' remuneration amounted to £99,245. This sum was paid to two directors serving as full-time employees of iZinga Assist, out of a total board consisting of six directors. The other directors worked on a pro bono basis. This is included in the administrative expense total in the accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 December 2025

And signed on behalf of the board by:
Name: Jan Hendrik Swanepoel
Status: Director