## **Trustees’ Annual Report for the period**
**From April 1[st] 2024 To**
## **March 31[st] 2025**
## **Charity name: PAPER REPUBLIC**
## **Charity registration number: 1182259**
## **Objectives and Activities**
SORP reference
Summary of the purposes of the charity as set out in its governing document
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 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.
Para 1.17 and 1.19
## _**Activities for Readers**_
1. We continued our Read Paper Republic series – complete, free-to-read pieces of fiction, non-fiction or poetry.
2. We continued collaboration with Open University on a series of online book clubs.
3. We produced our popular annual Roll Call of new translations of Chinese literature.
## _**Activities for Translators**_
4. We continued our work with the Anthea Bell Prize for Young Translators.
|||5.
We also ran a free-of-charge, online
translators workshop in connection with
one Read Paper Republic series.|
|---|---|---|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees, in making decisions about the
activities of Paper Republic, have had due regard
to the commission’s public benefit guidance
when exercising any powers or duties to which
the guidance is relevant.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment The management team at Paper Republic work as volunteers. Inevitably there are times when some volunteers have to step back, due Para 1.38 to work and other pressures. However, Contribution made by during this period we have had an average of volunteers six members of the management team.. Other
**Achievements and Performance**
SORP reference **Contribution to the work of the inaugural Orville and Baifang Schell Prize for the best translated work of Chinese Literature (run by the China Books Review).** China Books Review recruited two members of the PR team to act as Summary of the main judges for the fiction/literature cagegory of the achievements of the charity, prize. identifying the difference the Para 1.20 **Read Paper Republic.** Our flagship series of charity’s work has made to free-to-read online publications continued the circumstances of its apace, with one series published during this beneficiaries and any wider reporting period and a second shortly benefits to society as a thereafter. The _Home_ series comprised six whole. pieces (stories or poems) published in mid2024. Contributors (authors and translators each made videos of themselves reading their pieces, and the resulting videos contributed to our social media promotion of the RPR series. For example, we posted the PR videos on the Youtube channel Translators Aloud. We have continued to be able to pay both translators and editors for their work, which we consider a vital project and an important use of raised funds. **Open University Online Book Club.** Our partnership with Open University has grown into a regular and successful series of online “Book Club” meetings. Paper Republic members select stories, often from previous Read Paper Republic series, and contact participants – typically the translators and occasionally authors – to join a lively conversation that involves readers. Book club participation has remained high over the course of the year. 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 additional benefit of group discussion and questions posed to expert translators. **Newsletter** . We successfully revived the newsletter during this period, producing four issues, at roughly three-monthly intervals, with responsibilities for tasks divided between the management team. **Annual Roll Call of new translations of Chinese literature.** This series continues to result in high reader engagement, and many community contributions.
_**Activities for Translators**_
## **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 made a loss of £77,
with cash funds of £14,300 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:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Earned income and donations**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
||||
|A description of the principal
risks facing the charity|Para 1.46||
|---|---|---|
|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
training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related|||
parties Para 1.51 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
7|**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|||
||Wangzhen Ni||||
||Xinna Wang|Treasurer|||
||Anne Henochowicz||||
||Jemimah Steinfeld||||
– 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)**
**Type of Name Address adviser**
**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|
||29 January 2026||
||29 January 2026||
**Charity Name No (if any) Paper Republic 1182259 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01/04/2024 31/03/2025
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**547**
**1 925**
**-**
**-**
**-**
**-**
**-**
**-**
**2 472**
**-**
**-**
**-**
**2 472**
**2 487**
**43**
**19**
**-**
**-**
**-**
**-**
**-**
**-**
**2 550**
**-**
**-**
**-**
**2 550**
**- 77**
**-**
**9 791**
**9 714**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**4 586**
**4 586**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**547**
**1 925**
**-**
**-**
**-**
**-**
**-**
**-**
**2 472**
**-**
**-**
**-**
**2 472**
**2 487**
**43**
**19**
**-**
**-**
**-**
**-**
**-**
**-**
**2 550**
**-**
**-**
**-**
**2 550**
**- 77**|**Total funds**
**to the nearest £**
**547**
**1 925**
**-**
**-**
**-**
**-**
**-**
**-**
**2 472**
**-**
**-**
**-**
**2 472**
**2 487**
**43**
**19**
**-**
**-**
**-**
**-**
**-**
**-**
**2 550**
**-**
**-**
**-**
**2 550**
**- 77**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Voluntaryreceipts|**547**|||||**323**|
|Charitable activities|**1 925**|||||**3 489**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**2 472**|||||**3 812**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**||||||
||**-**|||||**-**|
|**_Sub total_**|**-**|||||**-**|
|**_Total receipts_ **
**A3 Payments**|||||||
|||||||**3 812**|
||||||||
|Costs of charitable activities|**2 487**|||||**4 319**|
|Costs ofgeneratingvoluntaryreceipts|**43**|||||**101**|
|Bank interest and charges|**19**|||||**-**|
||**-**|||||**160**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**2 550**|||||**4 580**|
||||||||
|**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_**|||||||
|||||||**4 580**|
||||||||
||**- 77**|**-**|**-**|**- 77**||**- 767**|
||**-**|**-**|**-**|**-**||**-**|
||**9 791**|**4 586**|**-**|**14 377**||**15 145**|
||**9 714**|**4 586**|**-**|**14 300**||**14 377**|
CCXX R1 accounts (SS)
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**|Signature
**Details**
**Details**
Bank accounts
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**9 714**
**4 586**
**-**
**-**
**-**
**-**
**9 714**
**4 586**
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
Emily Jones
Xinna Wang|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||Emily Jones|28.01.2026|
|||Xinna Wang|28.01.2026|
CCXX R2 accounts (SS)
2