learn to love to read LEARN TO LOVE TO READ TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR TO 31 AUGUST 2025
Learn to Love to Read Trustees, Annual Report Reference and Adrnlnlstrjtlve Detalls Learn to Love to Read St Michoel's Church, 71 Wimbledon Pork Rood, Southfields, London SW18 S Re8lStered charSty number 1175288 Trustees.. Jacquellne Carson- Chalr Carolyn Stubb5 - Treasurer Teresa Harri5- resigned 26 Jun8 2025 Prlya Chhetri joanna Henlev Rlz Khan Mark Clutterbuck- appointed 10 February 2025 Clalre Chamber5- appointed 19 FebrLtary 2025 Rory Strong- appolnted 27 June 2025 There are no exemptlons from dlsclosure. The Charity Commission document, The essential trustee.- what you need to know, whot you need to do ICC31, has been dlstributed to and read by all of our trustees. They are aware of their responsibility to make sure that the charity is carrying out the purposes for which It Is set up, and no other purpose. Trustee meetings are held quarterly and minutes are kept. Objertives and Artivitles Our oims The object of Learn to Love to Read, as set out In its governing document, Is, In accordance wlth Christian principles, to advance the education of children and their farTtilies acro55 the UK, in partlcular but not excluslvely by provldlng Ilteracy support In partnershlp with prlmary schools, churche5 and other organisations. In practice, the charity currently operate5 501ely in the London Borough of Wand5WOrth. Research Shows disadvantsged children are le55 likely to read well than their more affluent peers and that poor reading skills in childhood generally result in limited literacy as adults, bringing well- recognised risks of unemployment, poor health and low wages. We forge partnerships with schools serving disadvantaged families. Government statistics show that in surnrner 2025, 25% of Year 6 pupils did not meet the expected standard in reading at the end of their time at primary school. Every Child a Reader- we strive to make that vision a reality here in Wandsworth, always working for the public benefit.
We are a small charity, working solely in Wandsworth and ernbedded in that local community. We generally partner with primary schools whose catchment area includes a high proportion of families who received the pupil premiun7 grant or have English as a second language. Our work takes place on our partner schools, premises, at loeal children's centres, libraries and community centres. The Children who receive OE*r one-to-one reading support are selected by our schools because they need additional help,. other initiatives learty years, classes and parent workshops) are more universal, thotsgh specific effort is made to encourage disadvantaged families, who would benefit most, to engage with them. We are recognised as being professional and yet unthreateningi often enga8ing families known by our partners to be reluctant or uncertain. Qur work.. We want all children to have frequenti Posltive reading experlence5 and to be enabled and empowered by learnin8 to love to read. We want parent5 to become more enga8ed in their children's learning and have the confidence and ski115 to support their child's reading at home. We have a three-5trand approach.. We work with primary-age children who are finding learning to read challenging. In thi5 reporting period we Provided trained volunteer support across nine partner schools, Improving readlng fluency, confidence •nd ènloyment. We work with pre-schooler5 at risk of starting School poorly prepared for reading. We run early literacy cla55es, introducing simple parental activitles to help close the'word gap, 50 often seen between disadvantaged ¢hlldren and their more affluent peers on startin8 school. We give Bifts of books and other Iltera¢y resource5 at each 5es51on to enable familie5 to prartice what they have learnt at home. We work with parents, equipping and encouraging them to offer support at home, running workshops and farnlly learning events and offering individual support and regular messaging. Achlevements and Performanc• We improve reading attainment, confidence and enjoyment in the prSmary-age children we work with, by ensuring our one-to-one support from OUT team of trained volunteer5 15 of the highest standard. Becomin8 a confident reader wlll change a chlld's Ilfe. W• ¢ff•r paront-•nga8om•nt activities, e.g. messaBin8 s•rvi¢e$, wtsrk$hops. Childr•n wlth interested parents pull ahead of the rest whatever their startin8 point. We provide free early literacy classes. Children fiorn poorer backgrounds are then less likely to be disadvantaged before education even begins. Further detai15 can be seen in our annual impact report available on our webslte- htt www.learn21ove2read.o -uk es 5-facts-fi ures. Flnanclal Revlew The charity's income durin8 the year was £168,62012024.. £150,7771- The four principal sources of incoffle are personal donatlons lincluding Gift Aid), grants from tr¥Jsts and foundations, fundraising artivities and receipts from partner Schools. Wè received various items
of grant funding during the period. A detailed list of grants received Irestrirted and unrestrirtedl and intome from fundraising on behalf of Learn to Love to Read is given in notes 2lal, 2lbl and 7 to the actounts. The charity'5 expenditure during the period was E156,19812024: £129,819) of which £127,21812024'. £112,018) related to staff costs (salaries, trainin& staff expenses and payroll costs and consultancy fees). Other costs included books and equipment, printing and stationery, IT costs and DBS checks. Reserves Jt the period end were £108,024131 August 2024.. £95,602). Learn to Love to Read has committed to provide services to its partner schools until the end of the school year in July 2026. The trustees consider that reserves should cover up to four months of salary and administration costs as income from private donations and grants can be volatile. The trustees review the reserves policy annuallv. There are no funds held as custodian trustee on behalf of others. 5trurture, Govemance and Management We began in March 2014 as a project run by St Michael'5 Church, Southfields, but have been a registered charity Since 23 October 2017. Learn to Love to Read is a Charltable Incorporated Organisation ICIOI registered with the Charity Commission, charity number 1175288. Its only voting members are its trustees IFoundation model) and its governing document is Sts Constitution. We are a small, communlty-based charity workln8 In the London borough of Wandsworth. Trustees meet quarterly and provlde ongoing overslght and 8uldance for the charlty's work. Every trustee must be appointed for a term of three years by a resolution passed at a properly convened meetln8 of the charity trustees. In selectln8 individuals for appointment as charity trustees, the charity trustees must have re8ard to the Skills, knowledge and experience needed for the effertive dministration of the CIO. At the start of the reportin8 perlod we had slx trustees,. at 31 August 2025 theiè were eight trustees. In June 2025, Teresa Harris (Founder and Trustee) stepped down from the board. We are extremely grateful for the leadership. guldance and support that Teresa has glven the charity slnce it started. In February, Mark Clutterbuck (10th February 20251 and Claire Chambers119th February 20251 were appolnted to the board and Rory Stron8 joined the board on 27th June 2025. Stoff.. The charity is led by Tara Coffin, Dlrector and Head of Family Programmes, Matilda Tuke, Head of Operations and Helen Liley, Head of Volunteering. The senior leaders are supported by other part time staff members with various responsibilities- some lead our weekly preschool sessions,. others work on organisational, administrative, fundraising, impact measurement or Promotional tasks. Volunteers.. "I wasn't sure what to expect reoding with much younger children than I hod in the Past, but reading with Yeor l und 2 children is an (Tbsolute joy, which gets better as the weeks progre55 and you get to know one onother. The phoneme5 word blending truiningfrom L2L2R I]ound lo be invuluoble, and the main thingls lo moke the sessionsfun for the children,. not just listening to their reading, but shoring reoding with them, letting the child choose o book they want to have reod to them, talking about the stories, whot they'd do if they were in the story. A child s imaginotton Ns boundless. "It's lovely tofollow the improvement in the confidence ondAluency of o child s reoding, and porticularly the expression they put into the text. . Volunteer
Our work depends on us having access to a committed, enthusiastic team of volunteers, trained by us to support children's reading effectively and safelv. In a recent survey Isummer 20251990A of our volunteers felt their volunteering made a difference to the children they worked with and 9Th felt well supported in their role by Learn to Love to Read. 93% of volunteers felt their work had been fulfilling and satisfying and 98% would recommend volunteering with Learn to Love to Read to others. Thank5 We are enormously grateful to everyone who supports our work: St Michael's Church. our partner schools, children's centres and charltles. our grant funders and individual donors, our business partrier5, our trustees, our staff and, of course, our volunteer5. DeclaratSons The trustees declare that they have approved the trustees, report above. Signed on bÉholf of the chority's trustees.. Jacquellne Carson, Chalr of Trustees Date.. 21A fil 202
LEARN TO LOVE TO READ STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 AUGUST 2025 Tot•1 Funds Not• Unrertrlrted Funds Rejtrfrted Funds 2025 2024 Income •nd endowments Donations and legacies Charitable activities Other incorne 2a 2b 2¢ 58,887 68,460 1,049 39.9 98,787 68.460 1,373 110,743 39,618 416 324 Total Income 128 396 168 620 150 777 Expendltur• R•islng funds Chirltlble attlvlties 21.248 78,410 21,248 134,9 11,350 118,469 3b 56,540 Tot•1 expendltur• 56 Net In¢omellexpendttuTel opèrntbns 28,738 116,3161 12.422 20.958 Net movem•nt In fund5 28,738 116,3161 12,422 20,958 Bal*n¢es brouiht foThwdrd on I September 202411 September 20231 71,422 24,180 95,602 74,644 Baljnces carrled forward at 31 2025131 20241 £108 024
LEARN TO LOVE TO READ BALANCE SHEET AT 31 AUGUST 2025 Note 31 Auiusl 2025 31 Auausi 2Q24 FIXED ASSErs Investments CURRENT ASSETS Debtors and prepaymenis Cash at bank and in hand,. General account 3,6 2,747 106,351 94,779 109,951 97.526 Credltor$'. amount5 falllng due wlthln one year 1,927 1,924 NET CURRENT ASSErs 108,024 95,602 TOTAL NEf ASSETS £108 024 FUNDSOFTHE CHAR Restrided Unrestrlcted 7,864 100,160 24,180 71.422 E108 024 Approved by thè Trustees on Sth February 2026 and Signèd on thelr behalf by the Cttalr, lacquelln* Carson. Slgned on behalf of the chorlty's trtsstee5.' Jacqueline Carson, Chair of Trustees Date.. 23 201 The note5 on page$ 8 to 15 forrn part of these account5.
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31 AUGUST 2025 ACCOUNTING POLICIES B•si$ of preparation and assessment of 1n0 concern The accounts Ifinancial statements) have been prepared under the historical cost convention with iterns recognised at C05t or transaction value unless otherwise stsled in the relevant notel51 to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Pra(tice.' Accounting and Reportin8 by Charities preparin8 their accounts in accordance with the Finanual Reportsn8 Standard applicable in the UK and fiepublic of Ireland IFRS 1021 issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and with the Charit1è5 Act 2011. The charity constitutes a public benefit entity as dèfined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue a5 a going Concèrn. Fund$ Unrestricted funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the charity. Restrltted funds are thosè donated for a particular area or lof specific purposes, the use of which Is restricted to that area or purpose and the restriction means that the funds can only be used for 5pe¢ifl¢ projects or actiwties. Income and endowmenti Income is included in the Statement of Financial Activities1SoFAI when the tharity becomes entltled to the resources. Grant5 and dor¢ations are accounted for as soon as the charity Is nolilled of its legal entltlement and the amount due and when there is certainty of receipt. Gift Aid receivable is included in income when there is a valid declaration from the donor and whén the monev has been reiVed. Any Gift Aid amount fecovered on a donation is considèred to bt part of that gift and is treated as an addilion to the rne fund as the inrtiil donation unless the donor or the term5 of the appejl have specified otherwise. Gifts in kind (children's books and craft items) are not Included in the accounts but are descrlbed In the tru5tees' annual report. Dlvidends and Interest are accounted for when receivoble.
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR TO 31 AUGUST 2025 AccoupifiNG POLICIES Icontlnued) Expendlture Costs of generating funds are those costs incuned in attracting voluntary income, and those Incurred in tradiftg activities that raise funds. Gronts Grants and donations are accounted for when paid over. or when awarded, if that award creates a bindin8 obligation on the charitv. All other expenditure is rècognised when it is incurred and is accounted for gross. Governante costs inclLtde thosè incurred In the governancè by the Trustees of the charlty's assets and art Pfimarily associated with constitutlonal and statutory requirernenis of operatin8 the charity. Flxed •s5ets orherflxrures,flttings ond equipmenr Equipment Trs depreciated on a straight-line basis over 4 years. Individual Items wth a pur¢hase price of £l,C or less are written off when the asset is acquiièd. Inve5tment5 Investments are Included at market value at the balance sheet date. Aeallstd gains and lossès on investments are calculated as the difference between sales Pfoceeds and thelr market value at the start tsf the year, or thelr subsequent cost. and are ch4rgèd or credited to the statement of financial activities in the year of disposal. Unfealised Bains and 105ses represent the movement in market values duting the year and are credited Of charged to the statement ol financial activities based on the market volue at the year end. Current iiidi Alow level of stocks, bèlng children's books, craft items and kltchen equlpment, is held. These are not included In the balance sheet, as the cost is wrltten off in the year of purchase. Amounts owing 10 the charlty at 31 August are shown as debttsrs less provlslon for amounts that may prove untollectrble.
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR TO 31 AUGUST 2025 2 INCOME AND ENDOWMENTS Tot•1 Funds 2025 Unrertrkted Funds Restrfcted Fund5 2024 2141 Oonatlons and *Kles Donations and Rifts Gift Aid General 8rants provlded by sovernmentlcharities 7,011 4,562 47,314 7,011 4,562 87,214 6.543 2,617 101,583 39,9CQ £S8 887 7 £110 743 General grants received and due, included in the above, are as follows.. IJ Charitable Trust Wlmbledon Foundatlon, via London Cornmunlty Foundalion Peabody Community Fund. via London Community Foundation Sir Walter St John's Educational Charity13 years) St lames'5 Place Masonic Chafltablé Trust lulSa Rausing Trust Battersea Society Imanaged by SWSJI Aquila Family Charitable Trust Tuixen Foundation AKO Foundatlon Foyle Foundation co.op Local Communlty Fund Capsticks Landsec Fuiures Communlty Grants The Miles Trust 20,( io,[ io,( its.cts) iO,(X#) io,c(o 833 25,(IXJ iO,(MYJ Ii,cKK) io,(MxJ 25,1X(I 14,C((J 25,Lll) 14,rxo 1.314 1,314 750 £47 314 £87 214 £101583
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR TO 31 AUGUST 2025 2 INCOME AND ENDOWMENTS (continued) Unrestricted Funds Re6trKted Funds 2025 2024 21bl Charltabie activttles Receipts from partner s(hools Parent workshops Fundraising lincludin8 corporate donations) 13,750 250 54,460 13,750 250 54,460 11.916 27,702 £NIL £39 618 Fundraising included receipts from the followin8'. Royal Pafks Half Marathon 2024120231 Channel 4 maich fundlng for RP Hall Marathon Fundraising from sponsored runs The Big Give Christmas Challenee 2024120231 Big Give charnpion funder- The Childhood Trust Bi8 Give pledger- Jerusalem Trust The Big Give prize Thè 818 Give Small Charity Week Bl8 Give champion- Global's Make Sorne Noise St Mary The Boltons Church Quiz night and raffle Online auction Wreath-rnaking event 818 Give Pledger- Pilates Education UK Ltd Donation from Alice & Ro8Èr 8ayly Co-op Local Community Fund Easy Fundraising A-Plan Insurance / Howden Legacy from Julie Sharp Other 6.259 765 4,338 6,108 3,5 6,259 765 4.338 6.108 3,5CQ 2,SCK) 8,731 6,134 2,569 2,S69 2,5CQ 3,633 1,501 2,348 638 3,633 1,501 2.348 638 4,7LXI 1,674 1,348 5CX) 637 459 3.644 10.561 637 459 283 10.561 2.832 £NIL £27 702 The Royal Par*s Half Marathon takes Dlace ln 0b¢r. Soonsorshlps of £NIL12024.. £4241 for the October 2025 (October 20241 marathon, togèther with costs, were deferred to the followin8 year. Unrestrkied Fund5 Restrkted Fund 2025 2024 21cl Other Income Refunds and sundry Income Book sale5 Interest from savings 3ccgunt 36 104 36 428 74 324 342 £324 £416 Total Income £128 396 £168 620 £150 777
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR TO 31 AUGUST 2025 3 EXPENDITURE Unrestrkted Funds Restrkted Funds 2025 2024 3(al Ralslni funds Promotional events.. Salary of fundraisin8 Staff rnember Promotional video Royal Parks Half Mafathon Run Fo¥ Charity subscription and places Other costs of Mayathonlrunning events Costs of wreath-making event Other event5 12,536 12,536 8,517 888 1,684 709 739 888 1,684 709 739 1.650 750 433 £21248 £NIL Durin8 the year ènded 31 August 2025, £75512024.. £8881 was expended on places for the Royal Parks Half Marathon in the following (ktober. Thest Costs have been deferred to the following year. 31bl Ch•rhble •¢tlvttles Insurancè Cost of books and equipment for EarlyYear5 Costs of books Irestricted grant purchases) Costs of Oolly Parton Imagination kn"brary School c05t5 (parent training workshops etcl C05t of enabling online reading/voluTrteer packs Costs of stsmrnèr rèading schemes Admlnlstfat¢on'. Salaries PryyToII £ost# Consultancy costs Staff expenses Staff training Cost of DBS chetks tosts Printin8, Stationery and other costs Bank tharges 548 7,910 543 6.231 129 597 1,213 966 191 7,910 1,218 3,690 449 107 1.218 4,084 1,419 117 394 970 io 68,570 6fj1 42.287 110,857 661 276 2,443 445 456 2,791 1,643 82 l(XJ,937 631 289 997 647 553 3,218 1,327 140 2,443 197 103 2,791 1,501 82 136 248 353 142 £134 950 £118 469 Totsl expenditure £99 658 £156 198 £129 819 12
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR TO 31 AUGUST 2025 4 STAFF COSTS 2025 2024 Salaries and wages Penslon cosls 118,179 5,214 104.948 £123 393 £109 454 During 2025, Leam to Love to Read ernployed an average of 712024.. 6.51 part.time employt•s. 5 DEBTORS 31 Auiusi 2025 31 Aulust 2024 Prepayments- Insurance Prepayment- places for Royal Porks Half Marathon Accrued income- Sir Walter St john's Educational Charity13 year51 Accrued income- St Mary The Boltons 178 755 1,667 192 1,667 6 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 31 Aulust 2025 31 Auwst 2024 Accruols ond dcfcrrcd incomc Sponsorship for Royal Parks Half Marathon PAYE and Nl 424 1,927 13
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR TO 31 AUGUST 2025 7 MOVEMENT IN FUNDS 31 Au8u# 2024 N*t movement In funds 31 AuAust 2025 Unrestrirted funds General fund Restrkted lunds JJ Charitable Trust Wimbledon Foundation, via London Cornrnunity Foundatlon Peabody Community Fund, via London Community Foundation Sir Walter St john's Educational Charity 13 years) St Jamegs Place Masonic Charitable Trust julia Aausing Trust The Mlles Trust Early Yèars Siobhan Dowd Trust 71,422 28,738 l(Kl,160 18,934 118,8501 4,180 4.180 4,171 14,1711 722 2,754 124 17501 12881 1371 722 2,754 124 750 37 £108 024 Net movement funds Included in the above •re as follows.. 31 Au51 2024 In¢omlni resources outIn• resour¢e$ 31 Auw 2025 Unreslrkted funds General fund Restricted fiJnd5 IJ Charltable Trust Wimbledon Foundation, via London Comrnvnity Foundation Pèabody Community Fund via London Communlty Foundation Sir Walter St john's Educational Charity 13 year51 St Jame<s Place Masonic Charitable Trust Julia Rausing Trust The MilesTrust Early Years Siobhan Dowd Trust 71.422 128.396 199,6581 ICQ.160 18,934 118,8501 15,8201 lo, 4,180 4,171 14,1711 li0.() io,rxA) 19,2781 12,2461 15,1(X)I 17501 12881 1371 722 2,754 124 5,224 750 288 37 £168 620 156 198 £108 024 14
LEARN TO LOVE TO READ NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR TO 31 AUGUST 2025 8 TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES Ttee remuneratlon ond beneflts None ofthe trustees have been paid any remuneration or recel¥ed any other benefits from an employment with Learn to Love to Read. TThstees'expenses No trtsstee expen5e5 have been incurred. Tmnsartiom wlth lutedpttrt1es There have been no related party tran5artlons In the reportlng perlod. Unrestrided donation5 of £7,01112024.' £6,543) include donations of £360 from trustees and their farnllle5 12024.. £891. Fundraising income also included doD•tions of £275 from trustees and their families. unrestrict 8r•nts of £25,Cm12024', £25.fXOI werè r•celvèd from Aquila Farnlly ChaTlt•ble Trust. On• of the trustees ol Learn to Love to Read12023.' two) was also a trusiee ol Aqulla Family Charltable Trust. (fo avgld conflict of interest they were not involved in the decisloTrmaking process for this qrant.) 15
(HARITY COMMissid Independent examiner's report FOR ENGLAND AND WAL on the accounts InA Independent Examiner's Report Report to the trusteesl members of Lewnb Lo R On accounts for the 12 months ended 31 August 2025 Charity no (If any) 1175288 Set out on pages I report lo the trustees on my examina+*on of the accounts of the above charity I'the Trust") for the12months ended Si/oolzo Responsibilities and basis of report As the chantvs trustees, you are responsible for the preparation of Ihe accounts in accordance with the requirements of the Charities Act 20111"the ACVI. I reF)Ort in respect of my examination of the Trust's accounts carried oul under section 145 of the 2011 Act and in carrying out my èxamination, I have followed all the applicable Directions given by the Chanty Commission under section 145{5llb} ol th8 Act. Independent The charity's gross income exceeded £25,000 and l am examinerfs qualified to undertake the examination by being a qualified statement member of the Institute of Chartered Accountants in England and Wales. I have completed my examination. I confirm that no material matters have come lo my attention in connects'on with the exarnination lolher than that disclosed below "} which gives me cause lo believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did nol accord wth the accounting records,. or the accounts did not comply with the applicable requirements conceming the fo and content of accounts set out in the Chanties (Accounts and Reports) Regulations 2CQ8 other than any requirement that the 16
accounts give a 'true and fairf view which is not a matter considered as part of an independent examinalion. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ' Please delete Iha words in th8 brnck81s if they do nol apply. Signed: Date: Name: r)AV )1 CQDurrtEQ Relevant professional qualificationls) or body (if any): -rrL17t OF cbpor&12c )) WOUlJThh,5 Address: Tr)NJ Sk)i? SPP Section B Disclosure Only complete If the examiner neèds to nighlight material matters of GOnM (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). 17
Give here brief details of any items that the examiner wishes to disclose. 18