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2023-03-31-accounts

Trustees’ Annual Report for the period

From April 1[st] 2022 To

March 31[st] 2023

Charity name: PAPER REPUBLIC

Charity registration number: 1182259

Objectives and Activities

Summary of the purposes of the charity as set out in its governing document

SORP reference Para 1.17 3. Objects

The objects of the CIO are restricted specifically for the public benefit to promote the art of Chinese literature in English translation and to advance education in such literature, in particular but not exclusively by the provision of: 3.1 translated literature

3.2 information and educational resources; 3.3 advice, training and mentoring for translators of Chinese literature into English; 3.4 public events.

In this clause “Chinese literature” means literature written in Chinese, irrespective of the author’s country of origin or residence

Summary of the main Para 1.17 and 1.19 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.

Activities for Translators

  1. We continued our work with the Anthea Bell Prize for Young Translators.

6. Aberdeen University and Confucius Institute. This was a series of events which we planned and worked on in the last reporting period and which happened during this reporting period.

Statement confirming Para 1.18 The trustees, in making decisions about the whether the trustees have activities of Paper Republic, have had due regard had regard to the guidance to the commission’s public benefit guidance issued by the Charity when exercising any powers or duties to which Commission on public the guidance is relevant. benefit

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Para 1.38 The management team at Paper Republic
work as volunteers. Inevitably there are times
when some volunteers have to step back, due
to work and other pressures. However,
during this period we have had an average of
six members of the management team..
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The GuideThis reporting period begins
shortly after the publication of our Paper
Republic Guide to Contemporary Chinese
Literature, an omnibus survey of
contemporary authors and important works,
featuring a collection of thematic essays by
authors and scholars in the field.
As one of our most important reader-oriented
projects of recent years, we put particular
effort into promotional events for the Guide:
including an online conversation between
Guo Xiaolu (author of the Introduction) and
publisher James Tookey. The Guide was
reviewed in publications such as The Asian
Review of Books, Asian Books Blog, Lit
Showcase and NuVoices. In addition to being
sold directly from our website and as an
ebook via Amazon, the Guide is now stocked
in all copyright libraries in the UK and a
large number of university libraries in the

UK, US, and Europe.

Read Paper Republic: A Month of Women Poets. The Read Paper Republic online publication series continued this year, with the editorial participation of outside translator and writer Alice Xiang. For the month of August, designated Women in Translation month, we planned a series of poetry translations by four women poets.

During this reporting period we also began planning for the next series, themed around “Food”. Following the steady popularity of the Read Paper Republic series, and because of successful fundraising in previous financial years, we have been able to fund the commissioning of translators and external editors, as well as commissioning custom illustrations to promote the series. The last few months of this reporting period were spent on calls for submission, and initial editing of pieces.

Open University Book Club. One welcome new development this year was the beginning of a new long-term partnership with Open University, organizing a series of online “Book Club” meetings. Paper Republic members select stories and contact participants – often the translators – to join a lively conversation that involves readers.

This period encompassed three book club events, for which Paper Republic was paid an organizational fee. Benefits to the reading public : free, easy access to high quality translations, with the participatory benefit of group discussion and questions posed to expert translators.

Attendance and feedback has been excellent, with participants (on average 50 per session) logging from both the UK and China. We plan to continue this series.

Newsletter . Our newsletter continued to pick up new subscribers over the course of this period. Towards the end of the year we found that the workload involved in producing the newsletter on a regular schedule exceeded the capacity of the current management team, and have paused it while we attempt to recruit new team members. However we hope to restart it, as we feel it’s one of our most effective programmes.

Annual Roll Call of new translations of Chinese literature. This series continues to

result in high reader engagement, and many community contributions. We extended it to include starred reviews and prize winners.

Activities for Translators

OCCT Oxford Event

In mid-June, the Oxford University Comparative Criticism and Translation Centre (OCCT) held a panel-discussion among translators and organization involved in innovative independent publishing collectives and platforms. Paper Republic participated in the panel, introducing our public-facing projects and the Guide to Contemporary Literature in particular

Anthea Bell Prize for Young Translators This year we continued our work on the Anthea Bell Prize for Young Translators, in conjunction with the Queen’s College Translation Exchange, helping Chinese-language school programs around the country engage their students in Chinese and introduce them to the practice of translation. As part of this collaboration, we selected competition texts for four grades, and judging entries from all over the country. This year’s judging was completed by June, and we had a follow-on feedback meeting in September with teachers and administrators, with the aim of more closely tailoring competition texts to students’ skill levels and interests.

Aberdeen University and Confucius Institute.

This was a series of events which we planned and worked on in the last reporting period and which happened during this reporting period: we partnered with the latter in running an online Festival of Translation June 7 - - July 3, 2022. Specifically, we organised a schedule of six workshops and two talks/presentations. Four of the workshops were run by Paper Republic (PR) team members, and two by PR friends/ collaborators; they covered literary translation, poetry translation, children's literature,

brands and marketing translation, and academic translation. The talks/presentations were a translation slam (a debate between translators producing competing translations of the same text), and a talk on Being a Literary Translator. All PR team members who ran events donated their fees to Paper Republic; external facilitators were paid per session. Other translation-focussed promotional activities Additionally, Paper Republic management team members participated in events as individuals in which they were able to talk about the work of Paper Republic, for instance the Leicester University online Roundtable on Chinese Popular Culture in Translation and Transmission on July 21st 2022, in which Nicky Harman and team member Jack Hargreaves gave keynote presentations.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set Para 1.41
Performance of fundraising activities
against objectives set
Para 1.41
Investment performance against
objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 In this period, the charity’s income was £4,946,
with cash funds of £11,351 available at year end.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 It is the policy of the charity to hold
sufficient reserves to protect the future
operations of the charity, to cover:
a period of low income while remedial action
is taken an unexpected loss on a project
unforeseen expenditure items any related
costs should the trustees ever seek to merge
or wind up the charity.
Amount of reserves held Para 1.22 £1,000 minimum
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24 none
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 none

Additional information (optional)

You may choose to include further statements where relevant about: Earned income and donations The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Apart from the first charity trustees, every
trustee has been appointed for a term of three
years by a resolution passed at a properly
convened meeting of the charity trustees. In
selecting individuals for appointment as
charity trustees, the charity trustees have had
regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name Paper Republic
Other name the charity uses
Registered charity number 1182259
Charity’s principal address 25 Park Avenue, Chelmsford CM1 2AB

Names of the charity trustees who manage the charity

1
2
3
4
5
6
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Nicola Harman
Emily Jones
Eric Abrahamsen Chair of Trustees
Robina Pelham
Burn
Wangzhen Ni
Xinna Wang Treasurer

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Xinna Wang Eric Abrahamsen

Trustee and Treasurer
Chair of Trustees
22ndJanuary 2024
22ndJanuary 2024

Charity Name No (if any) Paper Republic 1182259 Receipts and payments accounts CC16a

For the period Period start date Period end date To from 01.04.2022 31.03.2023

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £
519
4,427
-
-
-
-
-
-
4,946
-
-
-
4,946
1,082
522
-
15
-
-
-
-
-
1,619
-
-
-
1,619
3,327
-
8,024
11,351
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
519
4,427
-
-
-
-
-
-
4,946
-
-
-
4,946
1,082
522
-
15
-
-
-
-
-
1,619
-
-
-
1,619
3,327
Total funds
to the nearest £
519
4,427
-
-
-
-
-
-
4,946
-
-
-
4,946
1,082
522
-
15
-
-
-
-
-
1,619
-
-
-
1,619
3,327
Last year
to the nearest £
Voluntaryreceipts 519 525
Charitable activities 4,427 10,751
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)
4,946 11,276
A2 Asset and investment sales,
(see table).
-
-
-
~~Sub total~~ - -
Total receipts
A3 Payments
11,276
Cost of charitable activities 1,082 2,608
Costs ofgeneratingvoluntaryreceipts 522 606
Governance costs - -
Bank interest and charges 15 38
- -
- -
- -
- -
- -
**Sub total ** 1,619 3,252
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
3,252
3,327 - - 3,327 8,024
- - - - -
8,024 - - 8,024 -
11,351 - - 11,351 8,024

CCXX R1 accounts (SS)

26/01/2024

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
CCXX R2 accounts (SS)
Signature
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
~~2~~
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
11,351
-
-
-
-
-
11,351
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Xinna Wang
Eric Abrahamsen
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
22.01.2024
22.01.2024
~~26/01/2024~~

CCXX R2 accounts (SS)