Charity registration number 1169572
Company registration number CE008064 (England and Wales)
READY, STEADY, READ
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

READY, STEADY, READ
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs PA Stead
Mrs J L Walker
Mr N Parkinson
Mrs SL Mays
Mrs R Weeks
Mrs C Mudd
Charity number
1169572
Company number
CE008C64
Accountants
Rainbird Hanton Limited
The Temple
Hesslewood Office Park
Ferriby Road
Hessle
East Yorkshlre
United Kingdom
HU13 OLH

READY, STEADY, READ
CONTENTS
Page
Trustees report
Accountants, report
Statement of financial activities
Balance sheet
Notes lo the financial slalemenls
7-14

READY, STEADY, READ
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The trustees who are also directors of the charity for the purposes of the Companies Act 20(￿, present their report with
the financial statements of the charity for the year ended 31 March 2025. The truslees have adopted the provisions of
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to chanties preparing their
accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021
(effective 1 January 2019}
ObjectiV88 and a¢tivitle8
The advancement of education for Ihe public benefit by providing ￿adIng support in schools to improve reading
outcomes for children and develop a lifelong love of reading.
Public Benefit
In planning Ready Steady Read's activities, the trustees have had regard to the guidance issued by the Charities
Commission on public benefit.
Signlflcant activitie8
Ready, Steady. Read has three key aims. These are U
To improve reading outcomes for children who are falling behind in reading.
To close the gap between childfenis reading age and Chronological age.
To help children develop a lifelong love of reading which will. in lurn, support the rest of their education.
A good level of literacy is the foundation of all education. Ready Steady Readis primary activity is the provision of
volunteer readers to primary schools in Hull in the areas of greatest deprivation lo work with children on a one-to-one
basi5 providing additional reading support outside of the classroom. Our reading support aims lo help children close the
gap between their reading age and chronological age so they can fully access the rest of the national curriculum.
We have worked hard lo recover from the setbacks of Covid 19, when we were not allowed into schools, our programmes
were suspended. and many volunteers left the role. Over the past few years, we have recrui16d and trained more
volunteers whilst wothing hard lo relain the ones we already had. We are incredibly proud that as a result. by the spring
term 2025 we had 30 trained and active volunteers supporting over 650 children.
All the schools and children we work with are in areas that feature highest on the income deprivation affecting
children index IIDACII which measures the proportion of children in the school that live in low-income households,
and we target schools where the level is 500/0 or higher. This ensures we are reaching children that live in an area of
high unemployment and high levels of household poverty.
We support children from Year 1 to Year 6 who are selected lo participate by their class teachers because they are at
risk of falling behind in education or will benefit in terms of reading confidence by taking part. Most have identified gaps
between their reading age and chronological age.
Ready Steady Read recruits and trains volunteer readers who deliver one to one reading support to chIld￿n to improve
literacy levels. confidence and encourage them lo read for pleasure. We operate 3 reading schemes per school year to
coincide with the academic school terms, and we have developed a reward scheme to encourage the children to read
both in school and at home. Each volunteer supports 7 or 8 children each term.
We also operate reading schemes and challenges not requiring one to one volunteer support and we provide literacy
support in the form of reading comers in schools. sponsorship of lending libraries and donation5 of books to school
libraries and classrooms, these books to be read both at home and in school.
Reading schemes and other initiatives
As we moved into this financial year. we Gonlinued to incorporate our additional reading schemes and initiative5 into the
support offered lo schools. However, ensuring children have someone lo read to every week in a one-to-one setting is
where we can have the greatest impact as a charity. The Ghildren develop relationships with their reader which in turn
leads to confidence and enthusiasm and helps develop a love of reading.
This year we introduced a Volunteer Efforts Award scheme to run alongside the one to one support scheme. A local
business provided a monthly donation of books which were used as prizes to recognise outstanding efforts in reading
by children and volunteers chose one reader from them group each term to receive this award.

READY, STEADY, READ
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
In December 2024 we also provided a bundle of seasonal books to all the schools we support for their class libraries.
Our biggest success this year was our Summer Reading and Writing Challenge. Children, especially those from lower
socioeconomic backgrounds, experience a loss of reading skills over the school summer break. According lo the National
Summer Learning Association, this Gan amount to a loss of two months of reading progress during the summer months.
We created a summer reading and writing challenge to help prevent this summer slide for outgoing year 5 students. The
book chosen for this challenge was The Final Year, by Matt Goodfellow, a highly relevant book for year five and six
pupils who are facing their imminent move to secondary school. Another local business sponsored the purchase of these
books and the literacy team al a local school trust, HCAT, created a workbook for the children lo use.
250 children from 10 schools participated, reading The Final Year over the summer break then completing a piece of
writing linked to the book which was judged by the new year 6 class teachers al the end of September. One winner from
each school was invited lo a celebration aftemoon tea al Walerstones Café in Hull where they had cake and drinks and
choose a new book from the childrenig book section in store. None of the children had ever been in a bookstore before
and it was a rewarding and humbling experience for the trustees involved and the feedback from the children and
teachers was fantaslic.
Volunteers
The contribution made by our volunteers is invaluable. We have a broad spectrum of volunteers from retired lea¢hers,
solicitors, nurses, university students, part lime and stay al home mums, and a team from a local Fire and Rescue
st81ion. All our volunteers give up their lime free of charge because they are passionate about supporting disadvantaged
local children and helping engage children in reading.
Ready Steady Read follows a strict safer recruitment policy, and all our volunteers are fully risk assessed and DBS
hecked and undergo training to ensure they are proficient in supporting children with literacy.
Our volunteers tell us how much they enjoy providing reading support and how rewarding it. Our volunteers have also
built close relationships with each other which is highlighted at our summer and Christmas aftemoon lea events where
all our volunteers and trustees come together to celebrate our achievements during the year.
Feedback received from the schools we support also reinforces how worthwhile our reading support is and how
invaluable our amazing volunteers are.
Achievements and performance
Charitable activStie8
During 2024125 Ready Steady Read has supported 19 Hull primary schools with our volunteer one to one support,
reading schemes and other inilialives. Over 1000 children have benefilted from our support this year.
The combinalion of our various reading schemes has proven a great success in terms of improving children's reading
performance, confidence and reading miles. We receive leslimonials and feedback from our schools confirming not only
that many of the children who participate in our reading schemes are moving up book band reading levels as a result
but are also reading more independently and confidently.
We continue to receive fantastic support and monetary and book donations from local businesses and supporters which
Pfovide 8 boost lo our resources.
Financial review
Financial position
The financial position of Ready Steady Read as al 31 March 2025 is satisfactory.
Deposit balances are maintained as to be able to meet OLrtgoings, and we have sufficient reserves to meet current
commilfflents.
The trustee's fLXUS remains on maintaining levels of funding 'so Ihal we can deliver to as many schools as possible in
areas of deprivation in Hull.
Principal funding sources
Ready Steady Read has a bid writer who assists with applications for funding from grants and trusts.
We also have valuable local business support and linking local businesses to local education is raising awareness across

READY, STEADY, READ
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
the community about the need to improve educational outcomes in Hull and, increasing awareness of corporate social
responsibility that will help develop future support for our project
Reserves policy
Vve have a reseNes policy which is reviewed annually.
The Injslees are mindful of the need to maintain sufficient rese￿eS lo meet current commitments if the income of Ready
Steady Read declines.
Our reserves policy is to hold unrestricted funds between 6 and 12 months but not exceeding 12 months of expenditure.
We close the financial year with reserves at 11 months which meets our reserves policy.
However, a5 we continue lo increase our reach and recruit more volunteer5, we expect our level of reserves to drop lo
around 6 months this next year.
Structure, governance and management
Governing document
The ¢harily is contro118d by ils constitution (dated 24 May 2016) and is registered as a Charitable Incorporated
Org8nisation ICIOI.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the
dale of signature of the financial statements were..
Mrs PA Stead
Mrs J L Walker
Mr N Parkinson
Mrs SL Mays
Mrs R Weeks
Mr8 C Mudd
Recruitment. resignation and appolntment of new trustees
Our Iruslees remain the same as last year.
Apart from the first charity trustees. every trustee must bé appointed for a temi of 3 years by resolulion passed al a
trustee meeting. In selecting individuals for appointment, the trustees must have regard lo the skills, knowledge and
experience needed for effective administration of CIO.
Supplier payment policy
The company's current policy concerning the payrnent of trade creditors is lo follow the CBI'S Prompt Payers Code
(copies are available from the CBI. Centre Point, 103 New Oxford Street. London WC1A 1DU).
The company's current policy concerning the payment of trade creditor5 IS to..
settle the terms of payment with suppliers when agreeing the terms of each transaction..
ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts., and
pay in accordance with the company's contractual and other legal obligations.
At the year end all suppliers had been paid and nothing was outstanding to any party.
The trustees report was approved by Ihe Board of Trustees.
Mrs J L Vvalker
Trustee
16 January 2026
1{.1. 202

READY, STEADY, READ
CHARTEREO ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED
STATUTORY FINANCIAL STATEMENTS OF READY, STEADY, READ FOR THE YEAR ENDED 31 MARCH
2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of Ready, Steady, Read for the year ended 31 March 2025, as set out on pages 5- 14 from the company's
accounting records and from information and explanations you have given us.
As a practicing member firm of the Institute of Chartered Accountanls in England and Vvales IICAEW), we are subject
to its ethical and other professional requirements which are detailed at icaew.¢omlmembers handbook.
This report is made lo the charity's Trustees. a5 a b¢xly, in accordan￿ with the terms of our engagement letter dated 22
November 2023, our work has been undertaken solely to prepare for your approval the financial slatemenls of Ready,
Steady, Read and slat& those matters that we have agreed lo stale lo the charity's Trustees as a body, in this report in
accordance with AAF 07116 as detailed al icaew.comlcompilation. To the fullest extent permitted by law, we do not
accept or assume responsibility lo anyone other than Ready, Steady, Read and the charity's Trustees as a b¢Jdy for our
work or for this report.
11 is your duly lo ensure that Ready, Steady, Read has kept adequate accounting records and lo prepare slalutory
financial slalemenls that give a true and fair view of the assets, liabilities, financial posltion and surplus of Ready, Steady,
Read. You consider that Ready, Steady, Read is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Ready, Sleady, Read. For
this reason, we have not verified the accuracy or completeness of the 8c¢ounling records or inforrnation and explanations
you have given lo us and we do not, therefore, express any opinion on the statutory accounts.
Rainbird Hanton Limited
14 January 2026
Charterod Accountants
The Temple
Hesslewood Offic8 Park
Ferriby Road
Hessle
East Yorkshire
HU130L
United Kingdom

READY, STEADY, READ
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income from..
Donations and legacies
Charitable activities
20.314
20.314
6.,052
6,052
Total income
20,314
20,314
6,052
6.052
Expenditure on:
Charitable activities
16,798
16,798
14,380
14,380
Not Incofftel{expendlturel for
the yoarl
Net movement in fund8
3,516
3,518
{8,328)
(8,3281
Fund balances at 1 April 2024
12,917
12,917
21,245
21,245
Fund balances at 31 March
2025
16,433
16,433
12,917
12,917
The statement of financial acllvities includes all gains and losses recognised in the year,
All income and expenditure derive from continuing activities.
The statement of financial activities a150 complies with the requirements for an income and expenditurè account
under the Companies Act 2008,

READY. STEADY, READ
BALANCE SHEET
ASA T31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible a5setS
Current assets
Debtors
Cash at bank and in hand
10
632
16.580
6C6
12.700
17,212
13.3C
Creditors.. amounts falling due within
one year
11
17801
<3901
Net current assets
16,432
12,918
Total 988ets less current liabilities
16,433
12,917
In¢ome funds
Restricted funds
Unrestricted funds
16,433
12,917
16,433
12,917
The company is enlilled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The dlrectors acknowledge their responsibilities for complying with the requirements of th8 Companies Act 2006
with respect lo accounting records and the preparation of finan¢ial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable lo companies subject
to the small companies regime,
The financial statements were approved by the Trustees on 16January2026
Mrs PA Stead
Trustse
MrsJ L Walker
Trustse
Company registration number CE008064

READY, STEADY, READ
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity information
Ready, Steady, Read is a private company limited by guarantee incorporated in England and Wales. The
registered office is 29a Holderness Road, Hull, East Yorkshire. HU8 7NA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Igoverning documentl. the
Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland"
{"FRS 102,1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable lo charitie5 prep8nng their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102}" (effective 1 January 20191, The charity is a Public B&nefit
Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for ¢haritie5 not to prepar8 a Slalement of
Cash Flows.
The financial slalernenls are prepared in sterling. which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial statements havé been prepared under the historical cost ¢onvenlion, Imodified to includé the
revaluation of freehold properties and lo include investment properties and certain financial instruments at fair
valuel. The principal accounting policies adopted are set out below.
1.2 Going concern
Al the lime of approving the financial slalemen15, the Trustees have a reasonable expectation that Ihe charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees
oontinue to adopt the going concern basis of accounting in preparing the financial slalernenl5.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitablé
objectives.
Re5tncled funds are subject lo specific conditions by donors as lo how they may be used. The purposes and
uses of the restricted funds are sel out in the note5 to the financial stalemenls.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to il after any performance conditions have been mel.
the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation
to donations received under Gift Aid or deeds of covenant is recognised al the time of the donation.
Legacies are recognised on re￿Ipt or othemise if the charity has been notified of an impending dislribulion,
the amount is known, and receipt is expected. If Ihe amount is not known. the legacy is treated as
contingent asset.

READY, STEADY, READ
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.5 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsequenlly measured al cost or valuation, nel of
depreciation and any impairmenl losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Computers
330h pa on cost
The gain or loss arising on the disposal of an asset is determined as the differen￿ between the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial aclivilies.
1.6 Impairment of fixed assets
Al each reporting end dale, the charity reviews the carrying amounts of its tangible assets to determine whether
there is any indication that those assets have suffered an impairment 1055. If any such indication exists. the
recoverable amount of the asset is estimated in order lo determine the extent of the impairment1055 lif any).
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held al call with banks, other 5hort-lerm liquid
investments wilh original maturities of three months or less. and bank overdrafts. Bank overdrafis 8re shown
within borrowings in Cur￿ nl liabilities.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity become5 party lo the
conlraclual provisions of the instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial statements, when there
is a legally enforceable right lo sel off the recognised amounts and there is an intention to settle on a nel
basis or to realise the asset and sellle the liability simultaneously.
Baslc flnancial assets
Basic financial assets, which include debtors and cash and bank balan￿s, are initially measured at
transaction price including transaction costs and are subsequently carried al amortised ¢osl using the
effective inleresl method unless the arrangernenl conslilules a financing Iransaclion, where the transaction is
measured al the present value of Ihe future receipts discounted at a market rate of inleresl. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, induding creditors and bank loans are initially recognised at transaction price unless
the arrangement conslilules a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instrument5 are subsequently carried al amortised cost. using the effective interest rale melh¢Jd.
Trade creditors a￿ obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due wthin one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured al amortised cost using the effective interest method.

READY, STEADY, READ
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢counting policie$
(Continued)
Derecognition of financial liabilities
Financial liabilitie5 are derecognised when the charity's contractual obligations expire or are discharged or
canolled.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the Trustees are required lo make judgements,
estimates and assumptions about the carrying amount of assets and liabilitie5 that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates
are recognised in the period in which the estimate is revised where the revision affects only that period. or in the
period of the revision and future periods where the revision affects both current and future periods.
Donation8 and legacies
Unre8tri¢ted
funds
Unre8tri¢ted
funds
2025
2024
Donalions and gifts
Grants
Sponsorships
20,314
6,052
20,314
6,052
Charltable actlvltles
Charitable
Income
Charitable
Income
2025
2024
Sales within charitable activities

READY, STEADY, READ
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charltable activitie8
Unrèstricted
Charitsble
Expendlture
Unrestrlctsd
Charltable
Expenditurn
2025
2024
Insurance
Postage and stationery
Advertising
Materials
Training
DBS
Travelling
Evenls and activities
Bank Charges
Legal Expenses
1.057
1,100
1,214
4,888
80
2,589
510
1,185
43
2,544
1.032
508
599
8.799
110
463
605
810
64
15,208
12,790
Share of support costs (séè note 6)
Share of governance costs (see note 61
1,200
390
1,200
390
16,798
14,380
Analy•18 by fund
Unrestricted funds
Restricted funds
16,798
14.380
16.798
14.380
10-

READY, STEADY, READ
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Net movement in funds
2025
2024
Net movement in funds is Staled after chargingl(creditingl
Depreciation of owned tangible fixed assels
Trustees
None of the Trustees lor any persons connected with them) re￿IVed 8ny remuneration or benefits from the
charity during the year.
Tangible fixed assets
Computern
Cost
At1 April 2024
518
At 31 March 2025
518
Depreciation and impalrment
At 1 April 2024
517
Al 31 March 2025
517
Carrying amount
At 31 March 2024
Al 31 March 2025
10 Debtorn
2025
2024
Amounts falling du8 Wlthin one year:
Prepayments and accrued income
632
606
11 Creditors.. amounts falling due within one year
2025
2024
Accruals and deferred income
780
390
12-

READY, STEADY, READ
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Analysis of netassets between funds
Unrestricted Restricted
funds
funds
2025
2025
Tolal Unreslrrcted
funds
2024
Restricted
funds
2024
Total
2025
2024
Fund balances at 31
MarGh 2025 are
represented by..
Tangible assets
Current asset511liabilitiesl
16,432
16.432
12,916
12.916
16,433
16.433
12,917
12,917
13 Related party transactions
Theffj were no related party Iransaclions in the year
13-