# **READING EDGE AFRICA** 

Registered Number: 1161361 

2 Housesteads Close, Willington Quay Wallsend NE28 0BQ 

# **ANNUAL REPORT 2023** a 



## 01 

## **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. 

. 

## 02 

## **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 

2 Annual Report 2024 



# **ACTIVITIES AND ACHIEVEMENTS 2024** 

**IN UNDERTAKING** Due to the inability of the charity to retain reliable associates in the target **THE FOLLOW-** countries, there was no activity during the reporting period. **ING ACTIVITIES** The Trustees have decided to wind down the activities of the charity in 2025 **WE CONFIRM THE TRUSTEES HAVE HAD REGARD TO THE CHARITY COMMISSION’S GUIDANCE ON PUBLIC BENEFIT.** 

3 Annual Report 2024 



## **FINANCIAL REVIEW** 

## **OVERVIEW** 

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

At the end of the reporting period, the charity had an income of **£5.00** and an expenditure of **£0** . The funds carried forward was **£3,019.99.** 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 October 2025 and signed on their behalf by: 

Joseph Akinyemi (Chairman, Board of Trustees) 

4 Annual Report 2024 



## **READING EDGE AFRICA** 

## **Statement of Financial Activities 2024** 

|**READING EDGE AFRICA**<br>**Statement of Financial Activities 2024**<br>~~ee~~<br>~~ee~~<br>~~a~~|**READING EDGE AFRICA**<br>**Statement of Financial Activities 2024**<br>~~ee~~<br>~~ee~~<br>~~a~~|**READING EDGE AFRICA**<br>**Statement of Financial Activities 2024**<br>~~ee~~<br>~~ee~~<br>~~a~~|**READING EDGE AFRICA**<br>**Statement of Financial Activities 2024**<br>~~ee~~<br>~~ee~~<br>~~a~~|**READING EDGE AFRICA**<br>**Statement of Financial Activities 2024**<br>~~ee~~<br>~~ee~~<br>~~a~~|
|---|---|---|---|---|
|**Receipts and Payments Account**||~~re~~<br>~~a~~|~~re~~<br>~~ee~~<br>|~~re~~<br>~~ee~~<br>|
|**for theyear ended 31st December 2024**||~~a ee~~|~~ee~~<br>~~ee~~|~~ee~~<br>~~ee~~|
||~~ft~~<br>~~a~~|**Notes**<br>~~ft~~|**2024**<br>~~ft~~<br>~~ee~~|**2023**<br>~~ft~~<br>~~ee~~|
|**Receipts:**|~~ft~~<br>~~a~~|~~ft~~<br>~~ee~~|~~ft~~<br>~~ee~~<br>~~ee~~|~~ft~~<br>~~ee~~<br>~~ee~~|
||Opening Bank balance<br>~~a~~<br>~~oo~~|<br>~~ee~~|**3,014.99**<br>~~ee~~<br>~~ee~~|**2,900.47**<br>~~ee~~|
|<br>~~oo~~|Donations from individuals<br>~~a~~<br>~~oo~~<br>~~oo~~|~~ee~~<br>~~rs~~|**5.00**<br>~~ee ~~<br>~~ee~~<br>~~ee~~|**114.52**<br> ~~ee~~|
|<br>~~oo~~|Donations from Organisations<br>~~oo~~<br>~~oo~~|~~ee~~<br>~~rs~~<br>~~a~~|~~ee~~<br>~~ee~~<br>~~ee~~||
|<br>~~oo~~<br>~~TT~~|Grants from Trust Funds<br>~~oo ~~<br>~~oo~~<br>~~TT~~|~~ee~~<br>~~rs~~<br>~~a~~<br>~~ee~~|~~ee~~<br>~~ee~~<br>~~ee~~<br>~~ee~~||
|<br>~~oo~~<br>~~TT~~|Gift Aid recovered<br>~~oo ~~<br>~~TT~~|~~rs ~~<br>~~a~~<br>~~ee~~|~~ee~~<br>~~ee~~<br>~~ee~~||
|<br>~~TT~~|~~TT~~<br>~~ee~~|~~ee~~<br>~~ee~~|~~ee~~<br>~~ee~~||
|**Total Funds Available**<br>~~TT~~<br>~~Sn~~|~~TT ~~<br>~~ee~~<br>~~Sn~~|<br> ~~ee~~<br>~~ee~~<br>~~ee~~|**3,019.99**<br>~~ee~~<br>~~ee~~<br>~~ee~~|**3,014.99**<br>~~ee~~|
|~~Sn~~|~~ee~~<br>~~Sn~~|~~ee~~<br>~~ee~~|~~ee~~<br>~~ee~~<br>~~ee~~|~~ee~~|
|~~Sn~~|~~ee ~~<br>~~Sn~~|~~ee ~~<br>~~ee~~|~~ee~~<br>~~ee~~<br>~~ee~~|~~ee~~|
|**Payments:**<br>~~Sn~~<br>~~—~~|~~Sn ~~<br>~~ee~~<br>~~—~~|~~ee~~<br>~~ee~~<br>~~a~~|~~ee~~<br>~~ee~~<br>~~ee~~<br>~~ee~~|~~ee~~|
|~~—~~|~~ee~~<br>~~—~~|~~ee~~<br>~~a~~|~~ee~~<br>~~ee~~||
|~~—~~<br>~~$$~~|~~—~~<br>~~$$~~|~~a~~<br>~~ee~~|~~ee~~<br>~~a~~||
|**Total Payments**<br>~~—~~<br>~~$$~~<br>~~oo~~|~~—~~<br>~~$$~~<br>~~ee~~<br>~~oo~~|~~a~~<br>~~ee~~<br>~~re~~|**-**<br>~~ee~~<br>~~a~~<br>~~ee~~|**-**<br>~~ee~~|
|~~$$~~<br>~~oo~~|~~$$~~<br>~~oo~~|~~ee~~<br>~~re~~|~~a~~<br>~~ee~~|~~ee~~|
|~~$$~~<br>~~oo~~|~~$$ ~~<br>~~oo~~<br>~~i~~|~~ee ~~<br>~~re~~<br>~~ee~~|~~a~~<br>~~ee~~<br>~~ee~~|~~ee~~|
|**Surplus/(deficit)**<br>~~oo~~|~~oo ~~<br>~~i~~<br>~~ee~~|<br> ~~re ~~<br>~~ee~~|**3,019.99        3,014.99**<br> ~~ee~~<br>~~ee~~|**3,019.99        3,014.99**<br>~~ee~~|
||~~i ~~<br>~~ee~~|~~ee~~|~~ee~~<br>~~ee~~||
|**Balance in hand at end of year**<br>~~ee~~<br>~~ee~~||~~re~~|**3,019.99**<br>~~ee~~<br>~~ee~~|**019.99**<br>**3,014.99**<br>~~ee~~|
|~~To~~|~~ee~~<br>~~ee~~<br>~~To~~|~~re~~<br>~~a~~|~~ee~~<br>~~ee~~<br>~~ee~~|~~ee~~|
|~~To~~|~~ee~~<br>~~ee~~<br>~~To~~|~~re~~<br>~~a~~|~~ee~~<br>~~ee~~<br>~~ee~~|~~ee~~|
|<br>~~To~~|**Represented by:**<br>~~ee ~~<br>~~To~~|~~re ~~<br>~~a~~<br>~~ee~~|~~ee~~<br>~~ee~~<br>~~ee~~|~~ee~~|
|<br>~~To~~|Barclays Bank as at December 2023/2024<br>~~To~~<br>~~ee~~|~~a~~<br>~~ee~~<br>~~ee~~|**3,019.99**<br>~~ee~~<br>~~ee~~<br>~~ee~~|**019.99**<br>**3,014.99**<br>~~ee~~|