## **READING EDGE AFRICA** 

Registered Number: 1161361 

2 Housesteads Close, Willington Quay Wallsend NE28 0BQ 

**ANNUAL REPORT 2021** 





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## 02 

## **Structure and** . **Governance** 

Reading Edge Africa is a charitable incorporated organisation  governed under the foundation model constitution for a charitable incorporated organisation. Our registration number is **1161361** under the Charities Commission. 

Reading Edge Africa is funded through private donations. The majority of fundraising activities are undertaken by the trustees, and a secured database of donors and patrons is kept up to date. Most donors are known to the trustees as personal connections. The volunteers undertake fundraising activities under the supervision of the trustees. 

## **Management and Staffing** 

The day-to-day operation of the charity is overseen by the trustees, who work on behalf of the charity without receiving any remuneration. 

The charity is managed by appointed trustees, who oversee the day-today operation, finances, and strategic issues of the charity. 

Trustees do not receive any renumeration for their work. 

The trustees oversee the work of the volunteers 

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ACTIVITIES AND ACHIEVEMENTS<br>**----- End of picture text -----**<br>



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2021<br>**----- End of picture text -----**<br>


**IN UNDERTAKING** 

**THE FOLLOWING ACTIVITIES WE CONFIRM THE TRUSTEES HAVE HAD REGARD TO THE CHARITY COMMISSION’ S GUIDANCE ON PUBLIC BENEFIT.** 

## **Impact of COVID19** 

Due to the COVID19 pandemic all activities scheduled for the year were suspended. 

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## **FINANCIAL REVIEW** 

## **OVERVIEW** 

## **Review of Financial Position at the End of Reporting Period** 

At the end of the reporting period the charity had an income of **£1,962.07** and an expenditure of **£0** , and funds carried forward of **£1962.07.** All of the income was unrestricted funds from donations. 

## **Plans for the Future** 

As part of our forward planning, we are reviewing our fundraising strategies to ensure that we have all that is needed to. Trustees and members have pledged to raise more funds through personal donations and other contemporary fundraising sources. 

The trustees annual report has been approved by the trustees on the 


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29 [th]  September 2022 and signed on their behalf by:<br>**----- End of picture text -----**<br>




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Joseph Akinyemi (Chairman, Board of Trustees)<br>**----- End of picture text -----**<br>



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|**READING EDGE AFRICA**|**READING EDGE AFRICA**|**READING EDGE AFRICA**|**READING EDGE AFRICA**|||||
|---|---|---|---|---|---|---|---|
|**Statement of Financial Activities 2021**||||||||
|||||||||
|**Receipts and Payments Account**||||||||
|**for the year ended 31st December 2021**||||||||
|||||||||
||||**Notes**||**2021**||**2020**|
|**Receipts:**|||||**£**||**£**|
||OpeningBank balance|||**1,962.07**|||**627.78**|
||Donations from individuals|||**600.00**|||**1150.00**|
||Donations from Organisations|||**53.01**|||**184.29**|
||Grants from Trust Funds|||**-**|||**-**|
||Gift Aid recovered|||**-**|||**-**|
||Other donations|||**-**|||**-**|
|||||||||
|**Total Receipts**||||**2,615.08**||**1,962.07**||
|||||||||
|||||||||
|**Payments:**||||||||
||Liberia Project|||**-**||**-**||
|||||**-**||**-**||
|||||||||
|**Total Payments**||||**-**||**-**||
|||||||||
|||||||||
|**Surplus/(deficit)**||||**2,615.08**||**1,962.07**||
|||||||||
|**Balance in hand at end ofyear**||||**2,615.08**||**1,962.07**||
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|||||||||
||**Represented by:**|||||||
||Barclays Bank as at December 2021/2020|||**2,615.08**||**1,962.07**||




-------------------------------------------------------------------------Joseph Akinyemi (Chairman, Board of Trustees) 

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