## **Annual Report of the Trustees for the year ending 30[th] September 2025** 

_“I feel like_ _**I’m growing wings** since I started my lessons.” (Reader)_ 

## **Objects and activities** 

Read Easy UK’s purpose, as set out in the objects in our governing document, is ‘To advance the education of the adult public in literacy.’ 

Our vision is that: Every adult who wants to learn to read, can. 

We help adults to transform their lives by learning to read. We do this by developing and supporting local groups and training volunteers to provide personalised, one-to-one reading coaching that is free and confidential, both in-person and online. Read Easy UK provides the infrastructure, resources, training, safeguarding and governance guidance that enables local groups to operate effectively. 

In the last year we have again increased the number of adults learning to read through our services. An increase of 14% took the number of Readers to 1,844 in the year, with 660 new Readers enrolling with 80 Read Easy groups across England. 

We are proud to have reached so many people with support, but need and demand remain high. 

**Public benefit:** In delivering our services, the Trustees have considered the Charity Commission’s guidance on public benefit set out in section 17 of the Charites Act 2011. Through the activities outlined in the report, the Trustees believe that the charity provides a very substantial public benefit. We endeavour, working with local Read Easy groups across England, to expand our reach to meet the need of adults who want to learn to read. We are delighted to have made strong progress in the year and have ambitious plans. 

## **Volunteers Supporters and Partners** 

In addition to its employee team, REUK is reliant on the support of 2,245 regular volunteers, an increase of 4% over the previous year, who help Readers in their local communities, through affiliated groups. The Trustees are hugely grateful for this support, without which the Charity could not function. 

We are also enormously grateful to all those who support Read Easy UK financially, or with gifts in kind. Without our volunteers and supporters, we would not be able to train coaches, or support Read Easy groups around the country to help people learn to read. 

## **Our developments and achievements in 2024-25** 

As well as increasing the number of Readers learning to read, during the year we: 

- Empowered 394 Readers who graduated or left having made significant progress, a substantial 47% increase on last year (268 Readers) 

- Supported 2,245 volunteers (+4%) who together gave more than 377,520 hours of their time to support adults learn to read (an increase of 13%) 

- Developed and sustained 80 groups in England where adults can learn to read with us (90 last year, a reduction in number due to mergers between groups that result in stronger teams, reduced administration and wider reach to support adults wanting to learn to read) 

- Supported 7 Pioneer groups: groups in the development stage which are forming and will be offering coaching to Readers in 2025-26 and beyond 

1 




- Recruited and trained 925 new Reading Coaches and local group members. We delivered 408 hours of live coaching training, and at year end, we were proud to have 1,390 Reading Coaches 

- Increased our online and hybrid coaching offer for Readers in the year, to reach more Readers. 186 Readers receiving at least some of their coaching online (+56%), and of these, 65 worked fully online 

- Increased the number of groups offering remote coaching (either as a hybrid service or fully remote). 46 groups offered remote coaching, an increase of 15% over the previous year 

- Grew our local offer: 17 groups are now coaching more than 30 Readers. 8 groups are coaching 25-30 Readers, and a further 16 groups are coaching more than 20 Readers. We set a target for established groups to coach 25-35+ Readers and are delighted that significant progress to meet or exceed this has been achieved across England. 

- Made good progress against the strategic aims developed in the previous year 

- Recruited to senior roles, including the new position of Communications Lead, to strengthen our support to groups and raise awareness of our support for adults who want to learn to read 

- Continued to work in partnership with other literacy charities, corporate organisations, and research institutions, to develop and improve our efficiency and share best practice. 

## **Our Impact** 

Learning to read changes lives: 

- Reading builds self-esteem: **96%** of Readers said they were more confident after learning to read 

- Not being able to read can be socially isolating: **73%** of Readers said that they were more likely to join in with social events and make new friends after learning to read 

- Reading supports next generation relationships and development: **68%** of Readers who have children or grandchildren said they were more likely to read stories with them. 

We have published a full impact report for the year. 

_"When I first started, and you said I could do it, I wasn’t sure because, you know, people have said that to me before. I don’t doubt it now. I honestly think it’s going to work this time._ _**I can do it and I’m so happy** ." (Reader)_ 

_“Just now, I saw this word on the TV and I think it said inheritance. I saw it and thought I can see the different parts of that, so I paused it and wrote it down. I read all the parts and then said I’m sure that says inheritance, and I was right!_ _**My coach is going to be so proud of me when I tell her** .  (Reader)_ 

2 



Our Reach
Read Easy
Where we
provide
coaching
Central
rrnin8K4rn Cenrr•l
Birrnin
arn North. Tarnworth
& Lich
dd
Birmin
affl 5wth East &
Birminghaffl 5wthWe5t
Cambridge
Chil￿rnS
Corby & Kettering
Derby & D15Eritt
Dudleys Th5(J￿E
10 Fenlènd
I l Harlo* & Chelmsford
12 Lel¢e5rer& OisrrKr
13 klid Warw￿kshIre
14 Milion Ke
15 Norfolk
16 North Staffordshire
17 North WaTh*ickshire & Coventry
18 Northampton
19 Nottinghatn
20 Oxford
21 Peterborough
22 5hropshire Hil
23 South w0￿eStershire
24 Steven48e & North He￿S
25 Telford & Shropshire Easl
26 Wellin8S)rou8h
27 Wolverharnpton
28 Wyre Fofest&
Bndgnorth
29 Suffolk
93
North
South West
South East
30 B¢lton & Disifict
47 Basrytoke
64 B¥kin8& Da8enhom
31 East LanushirÈ
48 Bath
65 knei
32 Gateshead & southTyn￿Ade 49 BLickmore va￿ North
66 chlchester&A￿n
33 Hull & D￿triCt
50 Bridport
67 Croydon
34 Kirklee5 & Calderdale
51 Bn5fol
68 Ealing
35 Leeds
52 Chettenham&GIoucesrer 69 East 5uSStI
36 Monchester CeThEril& Saword 53 Cornwall
70 Hockney
37 Manchester South &We5t
54 North and We51Wilt5hTe
71 Haringry
38 Mer5e￿Ide
55 North Sorner5et
72 14ington
39 MorecoTnbe Bay
56 North. East&We5t 73 Larnbeth
40 Newcasi￿ & NorthTw￿lYe 57 Ptymouth
74 Medw4y
41 Preston
58 Prpole & Bournemouth
75 Portsmouth
42 Sheffield
59 5omer5et
76 Reading & East Berkshire
43 Stockport
60 5(xtth & Ea5tWih5hire
77 Southampton &Is￿OfwI¥ht
44 Wakefidd
61 South Dorset
78 SoUthY￿rk
45 Wisan B¢i¢
62 T¢rbJy & S(¥Jth Devon
79 Swindtsn & Wesc 8exkshwe
46 Norihupiberland
63 Wmthester
80 To¥¥er Harn￿[5
81 Waltham Forest
82 WestSurrry& NorthEa5t
Hampshire
83 Itnir•i Sussex
84 GreenwKh & Bex
85 Merton & ￿ngston
86 Central We5tLon(kn
Future Pioneers
87 BedF(Ydshire
8B Cheshirt
89 CounTy Durham
) Harrv&V & Hillingdon
91 Herefurd5hire
92 Mon¢tr*ster North ènd E
93 NorTh & North East Lincs
94 NorthYork5hire
95 RichmDnd &Wandsworth
DEnDte5 a PioneerGrLWF thE5e GrDup5*WE inde¥EIwL
Wt hopé thÈyY4111 b*girt ¢oAchifi8 Rèadèr: toon
If you live in one of our Phoneer or Future
Pioneer area5 and would like to help to build a
Read Easy Group. please Visit y￿¥￿.readeaSY.
org.uklvolunteer. We would love you to join us.


## **Progress against Strategic Plan** 

Progress against the strategic plan is kept under review by the staff team and by Trustees at regular Board meetings.  The current strategy to 2029, with a planned review at the three-year mark, was developed in 2023-24, with input from many different stakeholders, and is available at: 

## Read Easy Strategy 2024-2029 

## **Strategic Aims** 

REUK is committed to delivering an excellent service to adults who want to learn to read, and that remains our top priority. Our ten top targets are to: 

- **Double the number of Readers we coach to 3,000 a year** 

In the year, we increased Reader numbers and are actively working towards this target in all operational and developmental decisions 

- **Involve Readers in the continuing improvement of our service** 

We facilitated three Reader Panel events to enable Readers to share their stories and help us with insight to develop and improve our work 

## • **Develop our online coaching for Readers who cannot access services locally** 

We had a 56% increase in the numbers of Readers receiving online coaching, and a 15% increase in the number of groups offering some remote coaching. While these numbers include people who are accessing local services, they include some who are not working locally with their coaches as they are not close to a Read Easy group 

- **Help each of our local groups to coach 25-35+ Readers annually** 

17 groups are now coaching more than 30 Readers, and 8 are coaching 25-30 Readers.  A further 16 groups are coaching more than 20 Readers 

## • **Develop a quality assurance framework that will help groups to provide consistently excellent service** 

Working with representatives of different groups, we developed our Reader Impact Framework for piloting in 2026 

- **Improve the efficiency of our systems and processes** 

We continue to improve our processes, and since year end, have started a project to specify a CRM system to support all our functions and groups 

## • **Strengthen our financial sustainability by diversifying income and carefully managing expenditure.** 

We continue to be successful in fundraising and are managing expenditure carefully to ensure our financial sustainability. We achieved a higher than forecast surplus, helping us to build healthy reserves. A new Head of Trusts and Philanthropy joined us during the year, bringing good expertise to our fundraising 

4 




## • **Strengthen our gathering of data and other evidence, to better understand and demonstrate the impact of our work, both nationally and locally** 

In the year, we introduced questions based on Office for National Statistics data, to help us better understand our Reader demographics. We collect detailed information on Reader progress and success from all groups 

## • **Develop a clear communications plan to remove stigma and advertise our services** 

We carried out a considerable amount of communications planning and activity with volunteer help, recruited a trustee with specialist communications experience and invested in a new senior role, Communications Lead, to raise awareness of our service, and of the numbers of people who are unable to read. Since year end, we have started working with partners on the National Year of Reading (2026), a major national initiative 

## • **Prepare to work with more organisations and amplify our advocacy** 

We continue to work in partnership with Shannon Trust: using their manual and digital versions of Turning Pages for adult Readers. The latter is helping us to increase online delivery. We believe that working in strategic partnership and collaborating on projects will support and/or accelerate the missions of both organisations. 

Through the National Year of Reading, we are working with partners to raise awareness of the numbers of adults who cannot read and hope to increase awareness of our coaching and engage new volunteers. 

## **Financial Review** 

During the year, REUK continued to grow, thanks to new income and continued support from longer-term supporters. We are very grateful to trusts and foundations, corporate supporters and individual donors who have all contributed to our financial position during the year. 

**Results:** Total income was up by 7% to £462,798 (2023-24: £431,401), all of which has been, or will be, used for the running and development of the charity. 

Expenditure was down by 13% to £383,981 (2023-24: £440,563). This decrease was part of a planned expenditure review. 

Overall, the Trustees consider financial performance during the year to have been strong in the challenging operating context of the cost-of-living crisis. The Trustees monitor the charity’s financial position carefully and regularly. 

5 




**Donations:** Income during the year was made up of grants from a range of trusts and foundations, individual donations, community support, partnerships, Gift Aid and the annual subscriptions and training income from REUK’s affiliated groups. We are extremely grateful to everyone who supports Read Easy’s work, and would like to acknowledge the substantial support of: 

The 1947 Club John Laing Charitable Trust A. and R. Haigh The Julia Rausing Trust The Adrian Swire Charitable Trust Man Group PLC Charitable Trust The Alice Ellen Cooper-Dean Charitable Foundation Marsh Charitable Trust Anonymous Donor Trust The Michael and Anna Wix Charitable Trust The Ardwick Trust The Patrick and Helena Frost Foundation Barratt Foundation The Rest-Harrow Trust The Champaca Fund, a donor-advised fund RS Brownless Charitable Trust administered by the Asia Community Foundation The Dulverton Foundation The Simon Gibson Charitable Trust The Foyle Foundation The Sir James Reckitt Charity Gallagher Matched Giving 2024 The Souter Charitable Trust The George A Moore Foundation Susanna Peake Charitable Trust Girdlers Company Charitable Trust The Valentine Charitable Trust Hadrian Trust The Vandervell Foundation The John Horseman Trust 

**Reserves policy:** The Trustees have considered their obligations in respect of their commitments to the members and employees of Read Easy UK, as well as its other stakeholders, and believe that reserves should represent a minimum of three and maximum of nine months’ operating costs. This is required to ensure adequate working capital for the smooth and efficient operation of the organisation. Read Easy UK has set and monitors its reserve requirement with reference to budgeted expenditure, and the following numbers outline the reserves levels achieved with reference to year end actual expenditure: 

||**2024-25**|
|---|---|
|Unrestricted funds at YE|£129,449|
|Average monthlyexpenditure|£31,998|
|Unrestricted funds in terms of months of<br>operating cost|4.05|



**Investment policy:** The charity does not currently hold investment funds. Reserves are placed in interest bearing accounts to provide maximum income with easy access, to support Read Easy’s ongoing activities. 

6 




## **Structure, Governance and Management** 

**Governing Document** : Read Easy UK is registered as a Charitable Incorporated Organisation in England and Wales (No. CE000307, Registered Charity No. 1151288). The articles of Association were adopted on 19 March 2013. Members of Read Easy UK are Trustees under the rules of the Charity Commission.  Read Easy UK has informal links with other organisations, and a commercial agreement with The Shannon Trust for use of its reading materials, Turning Pages. It has 80 affiliated groups across England which are legally independent organisations but which operate under the Read Easy name. 

**Recruitment, Appointment and Induction of Trustees** : All Trustees give their time voluntarily and receive no benefits from Read Easy UK. Any expenses reclaimed from the charity are set out in Note 8 to the accounts. New Trustees are appointed through open recruitment processes. 

**Risk management:** The Trustees have conducted a review of the major risks to which the charity is exposed at a national and local level and have established a risk management framework which covers these risks, and controls and policies are in place to manage them. Since year end, an Audit and Risk Committee, a committee of the Board, has been established to undertake a regular review of risks, providing additional focus and depth. All identified risks are monitored closely by the CEO and senior staff and are reviewed by Trustees on a quarterly basis. 

**Organisation structure** : Read Easy UK has a Board of Trustees, which can be up to 12 members, which meets five times a year and which is responsible for the strategic direction and policy of the charity. At the year end, the Board had nine Trustees from a variety of professional backgrounds relevant to the work of the charity. The Trustees in office during the period and at the date of this report are set out on page 3. A new Chair of Trustees and one other new Trustee were appointed this year, and one Trustee retired from the Board. 

Trustees set the overall strategy of the REUK and work with the Chief Executive to develop policy, as well as oversee and monitor business activities. The day-to-day running of the charity is delegated to the Chief Executive, who is responsible for: personnel management and recruitment; income generation, partnership development; capacity building; project development; horizon scanning, delivery of strategic objectives and implementation of policies and campaigns. The Chief Executive is responsible for managing the activities of staff and volunteers. REUK’s staff team during the year averaged 12 employed staff, having decreased from 8.11 full time equivalent staff to 7.13 full time equivalent staff. 

_“_ _**When I’m on the bus, I can read the school plaques and the street signs.** I look at things differently and notice words everywhere.” (Reader)_ 

7 



Stat•ment of Trustees. responsibilitles
The Trustees are responsible for preparing the Trustees, Annual Report and the financial
statements in ac¢ordance with applicable law and United ￿'ngdOM Accounting Stsndard8
(United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the Trustees to prepare financial
statements for each financial yèar. which give a true and fair view of the charity and of the
incoming resouros and application of resources of the charity for that year. In preparing these
financial statements the Trustees are required to..
sdect suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP:
make judgements and estimates that are reasonable and prudent;
State whether applicable UK Accounting StarKlards have been followed. subject to any
material departures disclosed and explained in the financial statements.. and
prepare the financial statements on a going concern basis unless it 1$ inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial posrtion of the charity and enable them to ensure
that the financial statements comply with th8 Charities Act 2016 and the Charity (Accounts and
Reports) Regulations 2008 and the provisions of the trust deed. They ar8 also responsible for
safeguarding the a$$ets of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
The charity's Trustees consider that an audit is not required for this year (under Section 144(2)
of the Charities Act 2016) and that an independent examination is required.
Signed on behalf of the Trustees by:
Ms A Tlncknell
Trustee
Date..
Ms P Koulouri
TTu$ts8
&2 Juh¢- 2026
.1 feel so happy because I've got a pencil and I can write fhings down. I'm like 8 little
kid. It's maklng me so happy. I want to wrlte a letter to overyone.. (Reader)


## Read Easy UK 

## **Financial statements** 

**For the year ended 30 September 2025** 

Charity number 1151288 

9 



## Read Easy UK 

## **Legal and administrative information** 

|**Registered charity number:**|1151288|
|---|---|
|**Principal address:**|Kenton House|
||Oxford Street|
||Moreton-in-Marsh|
||Gloucestershire|
||GL56 0LA|
|**Trustees:**|Ms A Tincknell (appointed during year)|
||Ms P Koulouri|
||Ms H James (appointed during year)|
||Ms C O’Connor|
||Mr P Espinasse (resigned during year)|
||Ms S Erasmus|
||Mrs E Hopes|
||Ms H Ayles|
||Mr PJ Mugford|
||Mr CJ Bale|
|**Chief Executive:**|Mrs C Priddon|
|**Bankers:**|CAF Bank Limited|
||25 Kings Hill Avenue|
||West Malling|
||Kent|
||ME19 4JC|
|**Independent examiner:**|Asad Noorani FCA|
||Tayabali Tomlin|
||Kenton House|
||Oxford Street|
||Moreton-in-Marsh|
||Gloucestershire|
||GL56 0LA|



10 



## Read Easy UK 

## **Independent Examiner’s Report to the Trustees of Read Easy UK** 

We report on the financial statements of the charity for the year ended 30 September 2025. 

This report is made solely to the charity’s trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the charity’s trustees that we have done so, and state those matters we have agreed to state to them in this report and for no other purpose.  To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our work or for this report. 

## **Respective responsibilities of the council members and reporting Accountants** 

The charity’s trustees are responsible for the preparation of the accounts.  The charity’s trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the Act), and that an independent examination is needed. 

It is our responsibility to: 

- examine the accounts (under section 145 of the Act); 

- to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Act); and 

- to state whether particular matters have come to our attention. 

## **Basis of opinion** 

Our examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required for an audit, and consequently we do not express an audit opinion on the accounts. 

## **Independent examiner’s statement** 

In connection with our examination, no matter has come to our attention: 

- 1 which gives us reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that: 

   - proper accounting records are kept (in accordance with section 130 of the Act); and 

   - accounts are prepared which agree with the accounting records and comply with the requirements of the Act; or 

- 2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Asad Noorani FCA Tayabali Tomlin Kenton House Oxford Street Moreton-in-Marsh Gloucestershire GL56 0LA 

19 February 2026 

11 



Read Easy UK 

## **Statement of Financial Activities** 

_**For the year ended 30 September 2025**_ 

|**Incoming resources**<br>_Incoming resources from generated funds:_<br>Voluntary income<br>Affiliation fees and subscriptions<br>Investment income<br>Training income<br>Sundry income<br>**Total incoming resources**<br>**Resources expended**<br>Cost of generating funds:<br>Fundraising activities<br>Governance<br>Charitable activities:<br>Volunteer support costs<br>Administration costs<br>**Total resources expended**<br>**Net movement in funds**<br>**Reconciliation of funds**<br>Total funds brought forward<br>**Total funds carried forward**|**Unrestricted**<br>**fund**<br>**346,103**<br>**43,569**<br>**1,117**<br>**29,214**<br>**75**<br>**420,078**<br>**(39,032)**<br>**(2,694)**<br>**(271,444)**<br>**(24,800)**<br>**(337,970)**<br>**82,108**<br>**47,341**<br>**129,449**|**Restricted**<br>**funds**<br>**42,720**<br>-<br>-<br>-<br>-<br>**42,720**<br>-<br>**(46,011)**<br>-<br>**(46,011)**<br>**(3,291)**<br>**34,847**<br>**31,556**|**2025**<br>**Total funds**<br>**388,823**<br>**43,569**<br>**1,117**<br>**29,214**<br>**75**<br>**462,798**<br>**(39,032)**<br>**(2,694)**<br>**(317,455)**<br>**(24,800)**<br>**(383,981)**<br>**78,817**<br>**82,188**<br>**161,005**|2024<br>Total funds<br>372,475<br>22,180<br>1,289<br>34,425<br>1,032|
|---|---|---|---|---|
|||||431,401|
|||||(48,330)<br>(8,860)<br>(340,460)<br>(42,913)|
|||||(440,563)|
|||||(9,162)<br>91,350|
|||||82,188|



12 



Read Easy UK
Balance Sheet
AI 30Seplember 2025
202S
2024
N￿e
T4n8lble ¥￿ets
7.881
Current asjets
Debtors
Cash at bank
4828
161 J77
4,604
80.481
Credl¢ors: *mouLts f#lling due
withln olle y￿r
10,778
Net curreD¢ 0gJets
153869
74,307
Tot*1 less currellt
Il*bllltleJ
82,188
Reprwepted by:
General reserve
Balance brought forward
81188
91.350
(Deficit} I Surplus for the y
7V17
(9.162)
Balance urrled fornArd
82,188
Signed on behalf of the trustees by:
Ms A Tincknell
Tn￿le
Ms P Koulouri
Date. lÉ &-£o Z• ZG
29
13

## Read Easy UK 

## **Notes to the Financial Statements** 

## **1 Accounting policies** 

## _Basis of preparation_ 

The financial statements of the charity, 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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## _Tangible fixed assets_ 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Computer and office equipment – 25% on reducing balance 

## _Incoming resources_ 

All incoming resources are included in the statement of financial activities when they are receivable and the amount can be quantified with reasonable accuracy. 

## _Resources expended (note 9)_ 

Resources expended are recognised in the period in which they are incurred. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly and those of an indirect nature necessary to support them. 

## _Investments_ 

Investments are valued annually at market value. Gains or losses are taken to the Statement of Financial Activities. Investment income has been taken into account on an accruals basis. 

14 



## Read Easy UK 

## **Notes to the Financial Statements (continued)** 

_**For the year ended 30 September 2025**_ 

|**2**<br>**Tangible fixed assets**<br> **Cost**<br>At 1 October 2024<br>Additions<br>Disposals<br>At 30 September 2025<br>**Depreciation**<br>At 1 October 2024<br>Charge for year<br>Eliminated on disposal<br>At 30 September 2025<br>**Net book values**<br>At 30 September 2025<br>At 30 September 2024<br>**3**<br>**Debtors: amounts falling due**<br>**within one year**<br>Other debtors|**£**<br>£<br>**Computer**<br>**Total**<br>**& Office**<br>**Equipment**<br>**26,809**<br>**26,809**<br>**2,166**<br>**2,166**<br>**-**<br>**-**<br>**28,975**<br>**28,975**<br>**18,928**<br>**18,928**<br>**2,511**<br>**2,511**<br>**-**<br>**-**<br>**21,439**<br>**21,439**<br>**7,536**<br>**7,536**<br>7,881<br>7,881<br>**2025**<br>2024<br>**£**<br>£<br>**4,828**<br>4,604<br>**4,828**<br>4,604|
|---|---|



15 



## Read Easy UK 

## **Notes to the Financial Statements (continued)** 

_**For the year ended 30 September 2025**_ 

## **4 Creditors: amounts falling due within one year** 

|Other creditors<br>**5**<br>**Unrestricted Funds**<br>_General unrestricted fund_<br>At 1 October 2024<br>Incoming resources<br>Outgoing resources<br>At 30 September 2025<br>**6**<br>**Restricted Funds**<br>_General restricted fund_<br>At 1 October 2024<br>Incoming resources<br>Outgoing resources<br>At 30 September 2025<br>_East of England_<br>At 1 October 2024<br>Incoming resources<br>Outgoing resources<br>At 30 September 2025|**2025**<br>**£**<br>**12,736**<br>**12,736**|2024<br>£<br>10,778|
|---|---|---|
|||10,778|
|||**£**<br>47,341|
|||420,078<br>(337,970)|
|||129,449|
|||**£**<br>10,586|
|||1,440<br>(10,829)|
|||1,197|
|||**£**<br>-|
|||10,000<br>(4,500)|
|||5,500|



16 



## Read Easy UK 

## **Notes to the Financial Statements (continued)** 

_**For the year ended 30 September 2025**_ 

## **6 Restricted Funds (continued)** 

|_South Region_<br>At 1 October 2024<br>Incoming resources<br>Outgoing resources<br>At 30 September 2025<br>_South West Region_<br>At 1 October 2024<br>Incoming resources<br>Outgoing resources<br>At 30 September 2025<br>_London and South East Region_<br>At 1 October 2024<br>Incoming resources<br>Outgoing resources<br>At 30 September 2025<br>_North East and Yorkshire Region_<br>At 1 October 2024<br>Incoming resources<br>Outgoing resources<br>At 30 September 2025|**£**<br>17,709<br>15,000<br>(17,418)<br>15,291<br>**£**<br>-<br>3,000<br>(3,000)<br>-<br>**£**<br>-<br>500<br>(500)<br>-<br>**£**<br>6,552<br>12,780<br>(9,764)<br>9,568|
|---|---|



17 



## Read Easy UK 

## **Notes to the Financial Statements (continued)** 

_**For the year ended 30 September 2025**_ 

## **7 Employees** 

The average number of employees during the year was 13 (2024 - 14). 

## **8 Trustees’ expenses** 

During the year no payments were made to trustees except in respect of direct reimbursement of expenses in line with our expenses policy, this totalled £470. 

## **9 Resources expended** 

|**Resources expended**||
|---|---|
|**Cost of generating funds:**<br>Fundraising activities<br>Fundraising salary costs<br>**Charitable activities:**<br>Volunteer support costs<br>Administration costs<br>Salaries|**2025**<br>**£**<br>828<br>38,204|
||**39,032**|
||**2025**<br>**£**<br>48,207<br>24,800<br>271,942|
||**344,949**|



18