OpenCharities

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2022-03-31-accounts

Type ofgoverning
document
t Constitution t Constitution adopted 24 April 2017 April 2017
t.tut
How the charity is constituted
d Charitable Incorporated Organisation
Trustee selection methods Appointed
trustees
by Voluntary Operations Manager with approval by other
Additional
governance
issues
(Optional information)
You may choose to include
additional
information,
where
relevant,
about.
~ policies and procedures
adopted for the induction
and
training oftrustees;
~ the charity's
organisationai
structure
and any wider
network
with which the charity
works;
~ relationship
with any related
parties;
~ trustees'
consideration
of
major risks and the system
and procedures
to manage
them.

Summary
ofthe main
achievements
ofthe charity
during the year
Summary
ofthe main
achievements
ofthe charity
during the year
Summary
ofthe main
achievements
ofthe charity
during the year
We have expanded
our services and have provided
specialist tuition to
pupils
in 5 primary schools in Harrow. We have steadily
built a reputation
for provided
specialist literacy tuition to improve
pupils reading
abilities
and schools are requesting
our services.
Our specialist tutors have delivered
fun, interactive tasks and games, to
help pupils develop an enjoyment
in reading.
In addition,
the pupils have
become more confident readers and have learnt reading strategies to
empower
them to become successful readers.
We have continued
to receive positive feedback from schools, who have
noticed that the pupils have gained confidence
in their willingness
to
participate
in lessons together
with significantly
improving
their reading
abilities. Furthermore,
pupils have improved
their mental
wellbeing
and
self-esteem.
The Reading Ladders webinar was successful and we raised f275.00
which
will be put towards
expanding
our reserves. We received excellent
feedback from people, who felt the webinar
had provided
them with lots
ofgood ideas and activities to inspire them
in their teaching.
In addition,
we have sold reading and spelling games, that parents and
tutors/teachers
can play with students. We aim to further promote these
games and find ways to produce them
in a more accessible format, which
means people do not have to print out the games,
but can buy them
ready to play.
It is the policy ofthe charity to maintain
free reserves at
ofthe charity to maintain
free reserves at
a level which
Briefstatement
ofthe
balances our objectives to develop and support services with our needs
charity's
policy on reserves
to remain
financially
stable
Reading Ladders intends to
build sufficient
reserves for between 5 —6 months ofoperation.
Details ofany funds materially
in deficit
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
relevant about:
~
the charity's
principal
sources offunds (including
any fundraising);
As a relatively
new charity, we are always
aiming to expand our reserves
as part ofour growth strategy through
fundraising
activities. We were
able to do this through
delivering
a webinar and through
selling reading
and spelling games, we had designed. We hired an illustrator
to provide
some iilustrations
for the spelling games, who produced
amazing
artwork
that enhanced
the games and appealed
to children.
~
how expenditure
has
supported
the key objectives
ofthe charity;
~
investment
policy and
objectives including
any
ethical investment
policy
adopted.
I
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~ 0
Section A Receipts and payments
~' ~
I ~
~
~
I' ~ ~
~ P I;
~ A
~ ~ r.
~ r,
A
I A
~ e ~ ~ ~ ~ ~ ~ ~ * ~ ~ ~
Unntstricted Restricted funds Endowment
Details funds funds
to nearest S to nearest S to nearest K
Bi Cash funds cash at Bank 3,920 ts,sos
Tofalcash funds 3,920 15,805
(agree tutarces wirn receipts and Saaneesa ecsclas))
Unrestricted Restricted funds Endowment
funds funds
Details to turarest f to nearest K tonearest S
B2Other monetary assets
(optional)
Fund to which asset Current veiue
Details belongs
B3Investment assets
Fund towhich asset Current value
Details belongs (optional)
B4Assets retained for the
charity*s own use
rund towhich
Details liability relates (opscnal) (optional)
B5Liabilities
Signed by one or two trustees on
behalf of all the trustees
Sign ture Print Name Date ofapproval
'Q IIp c.z