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2024-03-31-accounts

Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

Charity number: 1149664

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

GIVE A BOOK

Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

CONTENTS

Page
Reference and administrative details of the charity, its Trustees and advisers 1
Trustees' report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 17

Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024

Trustees E Meleagrou S Moorehead C Waldegrave S Turvey J Barnett S Walker A Khan (appointed 11 October 2023) Charity registered number 1149664 Principal office 112-114 Holland Park Avenue London W11 4UA Executive director V Gray Accountants Menzies LLP Chartered Accountants Magna House 18-32 London Road Staines-Upon-Thames TW18 4BP Bankers National Westminster Notting Hill Branch PO Box 1936 46 Notting Hill Gate London W11 3HZ

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their annual report together with the financial statements of the charity for the year 1 April 2023 to 31 March 2024.

Give a Book is a charity that promotes books and the pleasure of reading in the hardest places. Our core belief is that to pass on a good read – to give a book – is a transaction of lasting worth.

We mainly work in prisons, schools and with disadvantaged children and young people throughout the UK. We provide creative, Bespoke ways of leading to reading and offer practical solutions to encourage an enjoyment of reading to help make a lasting difference to people’s lives. We often work in partnership with other charities and groups in order to extend our reach. We provide books, book bags, writing materials and expertise to projects that benefit adults and children.

Our regular projects for prisons include Prison Reading Groups, Prison Family Reading initiatives, Raising Readers and Books for First Nighters; plus a regular Whole School Reading project, support for Book Clubs in Schools, Mental Health Unit book clubs and various literacy projects.

Prisons

The Chief Inspector revisited prisons following his blistering 2022 report and in his follow up review of best practice many of the projects highlighted were ours. All prisons now have to have a reading strategy and we are part of this strategy in many prisons. We were also delighted that the founders of Prison Reading Groups, Sarah Turvey and Jenny Hartley, were honoured in the King’s First Birthday Honours list in 2023.

Prison Reading Groups sets up, funds, and supports reading groups in prisons across the country. Groups are voluntary and informal and may be run by the librarian or a volunteer. The emphasis is on the pleasure of reading and where possible groups choose what they read. We are currently supporting more than 85 groups in 60 prisons. Reading groups usually meet monthly.

“In the reading group everyone is given a voice, all have an equal say. For one hour a month I feel that my opinion is valid, that others care what I say.” (Group member)

We have continued to offer resources for prisons to share with prisoners which are co-created by our keen volunteers – Bookstuff is a weekly book related newsletter, and Book Talk gives resources for a specific book.

The reading group we started for ex-prisoners in association with the NHS and HMPPS, continues to work well for both service users and staff at the centre in the Friends Meeting House in London.

Working with the Royal Society of Literature has enabled us to invite authors into prisons - this showcases our work to a wider audience. Gary Younge talked about his work as a journalist and his book Dispatches from the Diaspora; from Nelson Mandela to Black Lives Matter at HMP Wandsworth to an audience of around 40 men – many of whom expressed an interest in joining the Prison Reading Group. We also had visits to HMP Wormwood Scrubs from Jonathan Freedland and to HMP Brixton from Sathnam Sanghera, both of whom featured the group very favourably in their newspaper columns.

Reading the Way is a new project which addresses one of the major issues highlighted in the March 2022 Ofsted report. One of the challenges of reading development in prisons is the reluctance of some prisoners to engage with formal education. This also makes it hard to reach and engage those most in need. Also, those who feel less confident or who have not read much in a long time, may want–but not be able to find–collaborative and supportive opportunities to practise their reading. Reading the Way provides non-formal opportunities for reading development and encourages members to move on to formal education after building confidence in the reading group environment. Working with The Shannon Trust and an education provider the project also aims to demonstrate the effectiveness of partners ‘working together’. It has now rolled out to 12 groups.

Family Days are now running in person again which means we can support them with volunteers and books. During 2023 we have provided books for more than 74 days in 43 prisons.

‘My son was happy when he got his book, he reads to me on the phone.’ (parent)

‘The children’s faces lit up when they received their gift of a book. It was a joy to see the children sitting on their daddy’s knees listening to their story.’ (Facilitator)

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Raising Readers ,our successful family reading initiative, now runs in more than 27 prisons. Prisoner parents can choose and send a book home to their children, complete with a bookplate for a personal message. We also supply a copy for the prisoner parent so that they can share the book on phone calls, video visits or on a Family Day. This year we offered prisons a branded library stand so the RR books have their own space in the library.

‘Raising Readers is brilliant, my son really enjoyed being able to read the book with me over the phone and be able to read it with me.’ (Parent)

‘Thank you for thinking about my family and not just locking me away’ (Parent)

Books for First Nighters provides books for those spending their first night in prison in the hope of offering some comfort and mental release to the new arrival. Books are refreshed quarterly, and the project is now running in 65 prisons.

‘… to have access to a book on their first few nights is a life saver. Even if men are not big readers being able to dip into a book which they find interesting can certainly make their first few nights easier.’ (Prison officer)

Whole School Reading Project: We were put in touch with Longwood Primary School in the summer of 2023. After the first conversation with the school’s reading lead, we knew we’d found our next Whole School Reading Project. Longwood is in Tamworth, a small town just outside Birmingham. There is little opportunity for the children at the school to experience the world beyond their town’s borders and many don’t go on holiday or abroad and school trips are few and far between. Together with Peters, we helped created a brand new KS1 library where the children could let their imaginations run free. The Daily Express covered the opening which included a ribbon cutting from the Mayor (an ex-pupil of Longwood), a reading by Farhana Islam from her debut picture book Not Now Noor! and a flawlessly synchronised Christmas performance from the year 5s and 6s.

Secure Accommodation Network: we started working with Adel Beck, one of the schools in the Secure Accommodation Network 3 years ago. The residents are some of the most vulnerable young people in the country. Almost all of them have been disenfranchised from learning and most have significant additional learning needs. We started by providing every young person with their own specially chosen book. We continue to work with them in a variety of ways all of which are designed to help promote a love of reading in the whole centre.

This year, our third Pleasure of Reading Prize was awarded to the novelist, Sebastian Barry. The prize is in recognition of an author, writing in English ‘who gives pleasure through their work’ and is sponsored by Bloomsbury Publishing and generously supported by the Blavatnik Foundation.

Financial review

The trust's work is entirely reliant on donations. Unrestricted donations of £225,843 were received in the year (31 March 2023: £166,972).

During the year Give a Book made no grants (31 March 2023: £nil), and funded prison and school projects worth £257,155 (31 March 2023: £198,787).

Reserves policy

The restricted fund represents donations received which are to be used for specific projects. The level of restricted reserves as at 31 March 2024 was £29,305 (31 March 2023: £58,464). The unrestricted fund can be applied for the general purposes of the charity as set out in the governing document. The level of unrestricted reserves as at 31 March 2024 was £103,305 (31 March 2023: £113,180).

£80,000 of the £103,305 is the amount that the charity needs to keep running for six months should the charity not be able to raise sufficient funding over the year. The £80,000 gives the charity some security when planning for 2025. This means that £80,000 does not represent a free reserve. Taking this into account, the unrestricted reserves are £23,305.

Structure, governance and management

Governing document

The charity is governed by its Trust Deed, dated 7 November 2012, the charity is constituted as an unincorporated trust. The trust is a registered charity, number 1149664.

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Trustees

The charity is managed by a board of trustees. Every committee member has one vote. Trustees may act by a majority decision. There must be at least three trustees. Apart from the first trustees, every trustee must be appointed by a resolution of the trustees passed at a special meeting. The trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. The trustees must make available to each new trustee, on his or her appointment, a copy of the Trust Deed and a copy of the charity’s latest report and accounts.

Related party

There are no significant related parties or related party transactions requiring disclosure.

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ [shuOD43DF5CE4C246B... by: S Moorehead

Date: 25-Oct-2024

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

INDEPENDENT EXAMINER'S REPORT

Independent examiner's report to the Trustees of Give a Book ('the charity')

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2024.

Responsibilities and basis of report

As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

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 that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

Signed: Dated: 28-Oct-2024

Janice Matthews FCA

Menzies LLP

Chartered Accountants Magna House 18-32 London Road Staines-Upon-Thames TW18 4BP

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Note
Income from:
Donations and legacies
3
Investments
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
Unrestricted
funds
2024
£
225,843
1,065
226,908
19,268
217,515
236,783
(9,875)
113,180
(9,875)
103,305
Restricted
funds
2024
£
59,770
-
59,770
-
88,929
88,929
(29,159)
58,464
(29,159)
29,305
Total
funds
2024
£
285,613
1,065
286,678
19,268
306,444
325,712
(39,034)
171,644
(39,034)
132,610
Total
funds
2023
£
287,587
263
287,850
14,902
227,960
242,862
44,988
126,656
44,988
171,644

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 8 to 17 form part of these financial statements.

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

BALANCE SHEET AS AT 31 MARCH 2024

2024 2023
Note £ £
Tangible assets 10 2,747 4,121
2,747 4,121
Current assets
Debtors 11 188 870
Cash at bank and in hand 157,000 179,237
157,188 180,107
Creditors: amounts falling due within one year 12 (27,325) (12,584)
Net current assets 129,863 167,523
Total assets less current liabilities 132,610 171,644
Total net assets 132,610 171,644
Charity funds
Restricted funds 13 29,305 58,464
Unrestricted funds 13 103,305 113,180
Total funds 132,610 171,644

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................ OD43DF5CE4C246B... S Moorehead

Date: 25-Oct-2024

The notes on pages 8 to 17 form part of these financial statements.

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. General information

Give a Book is a charity registered in England and Wales. The address of the registered office is disclosed on the reference and administrative details page.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Give a Book meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

2.3 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

2. Accounting policies (continued)

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

2.9 Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.10 Pensions

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

3. Income from donations and legacies

Donations
Donations from individuals
Donations from Trusts
Gift aid
Total 2024
Total 2023
Unrestricted
funds
2024
£
121,616
99,228
4,999
225,843
166,972
Restricted
funds
2024
£
-
59,770
-
59,770
120,615
Total
funds
2024
£
121,616
158,998
4,999
285,613
287,587
Total
funds
2023
£
89,232
193,696
4,659
287,587

4. Investment income

Bank interest
Total 2024
Total 2023
Unrestricted
funds
2024
£
1,065
1,065
263
Total
funds
2024
£
1,065
1,065
263
Total
funds
2023
£
263
263

5. Expenditure on raising funds

Fundraising trading expenses

Staff costs and other fundraising expenses
Total 2023
Unrestricted
funds
2024
£
19,268
14,902
Total
funds
2024
£
19,268
14,902
Total
funds
2023
£
14,902

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Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

6. Analysis of expenditure by activities

Direct and support costs
Total 2023
Project costs
2024
£
257,155
198,787
Support
costs
2024
£
49,289
29,173
Total
funds
2024
£
306,444
227,960
Total
funds
2023
£
227,960

Analysis of support costs

Staff costs
Depreciation
Accountancy
Consultancy
IT and website
Training/Conferences/Events
Insurance
Travel/Meetings
Subscriptions
Enthuse fees
Printing and stationery
Advertising and marketing
Casual help
GAB bags
Rent
Legal expenses
Bank charges
Payroll fees
General expenses
Administrative assistant
Total
funds
2024
£
12,405
1,374
2,665
400
5,162
1,244
870
911
6,257
1,429
2,994
593
-
1,794
7,478
1,572
774
319
838
210
49,289
Total
funds
2023
£
9,193
-
2,728
-
3,080
1,401
732
760
3,044
1,204
1,643
2,104
120
-
36
-
1,091
503
1,534
-
29,173

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GIVE A BOOK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

.
Analysis of project costs
Prison Projects
Schools & Children's Projects
2024
£
180,008
77,147
257,155
2023
£
139,151
59,636
198,787

7. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £2,255 (2023 - £2,050) .

8. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
2024
£
116,680
5,489
1,879
124,048
2023
£
88,288
2,359
1,282
91,929

The average number of persons employed by the charity during the year was as follows:

2024 2023
No. No.
4 4

No employee received remuneration amounting to more than £60,000 in either year.

During the year one individual made up key management personnel and received remuneration of £32,000 (2023 - £25,833)

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 31 March 2024, expenses totalling £ 865 were reimbursed or paid directly to 2 Trustees (2023 - £1,176 ). These expenses were those relating to the purchase of books, postage, stationery, meeting refreshments and travel costs.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

10. Tangible fixed assets

Cost or valuation
At 1 April 2023
At 31 March 2024
Depreciation
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
11.
Debtors
Due within one year
Other debtors
Prepayments
12.
Creditors: Amounts falling due within one year
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
2024
£
188
-
188
2024
£
20,515
2,800
794
3,216
27,325
Computer
equipment
£
4,121
4,121
1,374
1,374
2,747
4,121
2023
£
-
870
870
2023
£
7,849
1,954
542
2,239
12,584

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

13. Statement of funds Statement of funds - current year

Unrestricted funds
General Funds
Restricted funds
Prison Reading Groups
Books for First Nighters
HMP Isis Reading Prison
Reading the Way
HMP Northumberland/HMP North Sea Camp/HMP
Lancaster Farms
Give a History Book
Making it Up
Raising Readers
PRG - HMP Dovegate, Fosse Way & Hewell
Total of funds
Balance at 1
April 2023
£
113,180
25,245
3,010
14,491
5,000
6,979
968
2,771
-
-
58,464
171,644
Income
£
226,908
15,000
-
10,000
-
-
-
270
31,500
3,000
59,770
286,678
Expenditure
£
(236,783)
(35,245)
(3,010)
(15,533)
(5,000)
(6,979)
(968)
(2,194)
(20,000)
-
(88,929)
(325,712)
Balance at 31
March 2024
£
103,305
5,000
-
8,958
-
-
-
847
11,500
3,000
29,305
132,610

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

13. Statement of funds (continued)

Prison Reading Groups - these funds are used to support prison reading groups that are voluntary and informal where the members choose the books they read and are given their own copies. The groups are open ended, where members can join or leave as they want.

Give a History book - this fund provided books to encourage the enjoyment of history in both schools and prisons.

Books for First Nighters - this fund provided books for those on their first night in custody.

Making it Up - is a family reading project, with workshops for prisoners to learn about and then write and draw stories for their children.

School Library - each year Give a Book helps create a new school library in a school which does not currently have one - this includes books and furnishings.

HMP Isis Reading Prison - HMP Isis wants to develop a whole prison reading strategy that motivates prisoners by finding out what kinds of reading the young men value and responding to their reading priorities with initiatives that seem relevant and enjoyable to them. This is the focus of our proposed projects—a 3-year multi project approach for whole prison reading.

Reading the Way - informal reading groups for emergent leaders, in partnership with Novus (education provider), Shannon Trust (another charity), and adult literacy specialists.

HMP Northumberland / HMP North Sea Camp / HMP Lancaster Farms - to create three Reading Prisons coordinating several of our projects- Prison Reading Groups, Family Days and Family Reading, and Books for First Nighters.

Family Reading - Prisoners who maintain family contact and visits are significantly less likely to reoffend. We provide a wide range of new children’s books for a number of family ready initiatives plus volunteer helpers to support family visits. Reading together as a family builds bridges and bonds. It helps prisoner parents remain a part of the life of the home.

HMP Dovegate, HMP Fosse Way, HMP Hewell – to create three reading prisons co-ordinating several of our reading projects.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

13. Statement of funds (continued)

Statement of funds - prior year

Balance at
1 April 2022
£
Unrestricted funds
General funds
102,258
Restricted funds
Family Reading
15,743
Prison Reading Groups
-
Breakfast Book Clubs
-
Books for First Nighters
-
HMP Isis Reading Prison
-
Reading the Way
-
HMP Northumberland/HMP North Sea Camp/HMP
Lancaster Farms
-
Give a History Book
4,218
School Library
-
Making it Up
4,437
24,398
Total of funds
126,656
14.
Analysis of net assets between funds
Analysis of net assets between funds - current period
Income
£
167,235
-
65,245
2,000
12,420
17,500
5,000
8,000
-
10,000
450
120,615
287,850
Expenditure
£
(156,313)
(15,743)
(40,000)
(2,000)
(9,410)
(3,009)
-
(1,021)
(3,250)
(10,000)
(2,116)
(86,549)
(242,862)
Balance at
31 March
2023
£
113,180
-
25,245
-
3,010
14,491
5,000
6,979
968
-
2,771
58,464
171,644
Tangible fixed assets
Current assets
Creditors due within one year
Total
Unrestricted
funds
2024
£
2,747
127,883
(27,325)
103,305
Restricted
funds
2024
£
-
29,305
-
29,305
Total
funds
2024
£
2,747
157,188
(27,325)
132,610

Page 16

Docusign Envelope ID: F10F1C44-1004-4292-A999-D7EA157EA22A

GIVE A BOOK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

14. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total
Unrestricted
funds
2023
£
4,121
121,643
(12,584)
113,180
Restricted
funds
2023
£
-
58,464
-
58,464
Total
funds
2023
£
4,121
180,107
(12,584)
171,644

15. Pension commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £1,879 (2023 - £1,283), £794 (2023: £542) were payable to the fund at the balance sheet date and are included in creditors.

16. Related party transactions

The charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the charity at 31 March 2024.

Page 17