## **READING EDGE AFRICA** 

Registered Number: 1161361 

2 Housesteads Close, Willington Quay Wallsend NE28 0BQ 

# **ANNUAL REPORT 2022** 





## 01 

## 02 

## **Structure and Governance** 

. 

## **Management and Staffing** 

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. 

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** 

## **2022** 

**IN UNDERTAKING** 

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

Due to the inability of the charity to retain reliable associates in the target countries, there was no activity during the reporting period. 


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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 **£285.39** and an expenditure of **£0** . The funds carried forward was **£2,900.47.** All of the income was unrestricted funds from donations. 

## **Plans for the Future** 

The Trustees will review the continued relevance of the charity considering the operating environment of our target countries. 

The trustees annual report was approved by the trustees on the 20[th] of December 2023 and signed on their behalf 

by: 


Joseph Akinyemi (Chairman, Board of Trustees) 


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|**READING EDGE AFRICA**|**READING EDGE AFRICA**|**READING EDGE AFRICA**|**READING EDGE AFRICA**|||||
|---|---|---|---|---|---|---|---|
|**Statement of Financial Activities 2022**||||||||
|||||||||
|**Receipts and Payments Account**||||||||
|**for theyear ended 31st December 2022**||||||||
|||||||||
||||**Notes**||**2022**||**2021**|
|**Receipts:**|||||**£**||**£**|
||Opening Bank balance||||**2,615.08**||**1,962.07**|
||Donations from individuals||||**260.00**||**600.00**|
||Donations from Organisations||||**25.39**||**53.01**|
||Grants from Trust Funds||||||**-**|
||Gift Aid recovered||||||**-**|
||Other donations||||||**-**|
|||||||||
|<br>**Total Funds Available**|||||**2,900.47**||**2,615.08**|
||~~a~~|||||||
|||||||||
|**Payments:**||||||||
||||||||**-**|
||||||||**-**|
|||||||||
|**Total Payments**|||||**-**||**-**|
|||||||||
|||||||||
|**Surplus/(deficit)**|||||**2,900.47**||**2,615.08**|
|||||||||
|**Balance in hand at end ofyear**|||||**2,900.47**||**2,615.08**|
|||||||||
|||||||||
||**Represented by:**|||||||
||Barclays Bank as at December 2022/2021||||**2,900.47**||**2,615.08**|




(Chairman, Board of Trustees) 

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