2024-12-31-accounts

APPENDIX 2

Enter SC No. below

Enter charity name below

SC051397

Ethiopia Reads UK

Receipts and payments accounts

			Period start date		Period end date
For	the period from		1 January 2024	to	31 December 2024

Statement of receipts and payments

A1 Receipts	Unrestricted funds to nearest £ 18	Restricted funds to nearest £	Expendable endowment funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total funds current period to nearest £ 18	Total funds last period to nearest £
Donations							750
Legacies
Grants
Receipts from fundraisingactivities
Bank interest							28
~~Income from investments other than~~ land and buildings
Rents from land & buildings
Gross receipts from other charitable activities
A1 Sub total	18					18	778
A2 Receipts from asset &
Proceeds from sale of fixed assets
Proceeds from sale of investments
A2 Sub total
Total receipts A3 Payments
	18					18	778
Expenses for fundraising activities
Gross trading payments
Investment management costs
Payments relating directly to
Grants and donations
Governance costs:
Audit / independent examination
Preparation of annual accounts
Legal costs
Other
A3 Sub total
A4 Payments relating to asset and
Purchases of fixed assets
Purchase of investments
A4 Sub total
Total payments Net receipts / (payments) A5 Transfers to / (from) funds Surplus / (deficit) for year
	18					18	778
	18					18	778

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Ethiopia Reads UK

Section B Statement of balances

Categories

B1 Cash funds

B2 Investments

Details	Details	Unrestricted funds to nearest £	Unrestricted funds to nearest £
Cash and bank balances at start of year		778
Surplus / (deficit) shown on receipts and payments account		18
Cash and bank balances at end of year		796
(Agree balances with receipts and payments account(s))		-
Details
-

Details

B3 Other assets

Details

B4 Liabilities

/ Statement of balances

December 2007

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APPENDIX 2

Details

B5 Contingent liabilities

Signed by one or two trustees on behalf of all the trustees

/ Statement of balances

6

December 2007

APPENDIX 2 SC051397 Expendable endowment funds to nearest e Permanent endowment funds to nearest £ Restricted funds Total current period Total last period to nearest e to nearest e to nearest £ 18 778 18 778 Fund to whlch asset bolongs Market valuation Last year to nearèst £ to nèarèst £ Total Fund to which a55et belongs Cast Ilf avallablèl Current value lif available) to nearèst £ Last ￿r to nèarest £ to nèarest £ Total Fund to whleh Ilablllty r8latos Amount du• Last yoar to nèarost £ to naarost £ I Statement of balances December 2007

APPENDIX 2 Total Fund to which liability relates Amount due to nearest £ Last year to nearest e Total Date of approval 04 Apr 2025 04 Apr 2025 I Statement of balances December 2007

APPENDIX 2

Ethiopia Reads UK

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

C3a Trustee remuneration C2 Grants	Type of activity or project supported	Type of activity or project supported	Individual / institution
	If no remuneration was paid during the period to any charity trustee or per a trustee cross this box (otherwise complete section 3b)
	Authority under which paid

C3b Trustee remuneration - details

C4a Trustee expenses

If no expenses were paid to any charity trustee during the period then cros (otherwise complete section 4b)

C4b Trustee expenses - details

/ Notes

9

December 2007

APPENDIX 2

Nature of transaction

Nature of relationship C5 Transactions with trustees and connected persons

C6 Other information

/ Notes

10

December 2007

APPENDIX 2

SC051397

Number of grants made

£

Total -

rson connected to

£

ss this box

Number of £ trustees

/ Notes

11

December 2007

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Transaction Balance

/ Notes

12

December 2007

APPENDIX 2

SC051397

Ethiopia Reads UK

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations
	Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £		Total current period to nearest £	Total last period to nearest £
Donation - direct to bank							615
Donation - from JustGiving							109
Donation - from JustGiving							26
Total 2 Grants							750
	Unrestricted funds to nearest £	Restricted funds to nearest £				Total current period to nearest £	Total last period to nearest £
Total

3 Gross receipts from other charitable activities

3 Gross receipts from other charitable activities
	Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £		Total current period to nearest £	Total last period to nearest £
Gross interest from Virgin Money						18	28
Total						18	28

4 Payments relating directly to charitable activities

	Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £	Total last period to nearest £
Total

Additional notes (1)

December 2007

APPENDIX 2

SC051397

Receipts 5 Breakdown of unrestricted funds	Unrestricted fund 1 - enter name of fund below	Unrestricted fund 2 - enter name of fund below	Unrestricted fund 3 - enter name of fund below	Unrestricted fund 4 - enter name of fund below	Total unrestricted funds	Total unrestricted funds last period 750 28 778	Total unrestricted funds last period 750 28 778
Donations						750
Legacies
Grants
Receipts from fundraisingactivities
Gross tradingreceipts
Bank interest	18				18	28
Rents from land & buildings
Gross receipts from other charitable activities
Sub total Receipts from asset & investment sales	18				18	778
Proceeds from sale of fixed assets
Proceeds from sale of investments
Sub total Total receipts Payments
	18				18	778
Expenses for fundraisingactivities
Gross trading payments
Investment management costs
Payments relatingdirectlyto charitable activities
Grants and donations
Governance costs:
Audit / independent examination
Preparation of annual accounts
Legal costs
Sub total Payments relating to asset and investment movements
Purchases of fixed assets
Purchase of investments
Sub total Total payments Net receipts / (payments) Transfers to / (from) funds Surplus / (deficit) for year
	18				18	778
	18				18	778
Nature and purpose of funds

Additional notes (2)

December 2007

APPENDIX 2

Ethiopia Reads UK

SC051397

6 Breakdown of restricted funds

Receipts	Restricted fund 1 - enter name of fund below	Restricted fund 2 - enter name of fund below	Restricted fund 3 - enter name of fund below	Restricted fund 4 - enter name of fund below	Total restricted funds	Total restricted funds last period
Donations
Legacies
Grants
Receipts from fundraisingactivities
Gross tradingreceipts
Income from investments other than land and buildings
Rents from land & buildings
Gross receipts from other charitable activities
Sub total Receipts from asset & investment sales
Proceeds from sale of fixed assets
Proceeds from sale of investments
Sub total Total receipts Payments
Expenses for fundraising activities
Gross trading payments
Investment management costs
Payments relating directly to charitable activities
Grants and donations
Governance costs:
Audit / independent examination
Preparation of annual accounts
Legal costs
Sub total Payments relating to asset and investment
Purchases of fixed assets
Purchase of investments
Sub total
Total payments Net receipts / (payments) Transfers to / (from) funds Surplus / (deficit) for year
Nature and purpose of funds

Additional notes (3)

December 2007

APPENDIX 3

Report to the trustees/members of Registered charity number On the accounts of the charity for the period Set out on pages Respective responsibilities of trustees and examiner Basis of independent examiner’s statement Independent examiner’s statement Signe Nam Relevant profession qualification(s) or body (if any): Addres	Report to the trustees/members of Registered charity number On the accounts of the charity for the period Set out on pages Respective responsibilities of trustees and examiner Basis of independent examiner’s statement Independent examiner’s statement Signe Nam Relevant profession qualification(s) or body (if any): Addres	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2	Independent examiner’s report on the accountsV2
		Charity name Ethiopia Reads UK
			SC51397
			Period start date							Period end date
			Day	Month	Year					Day		Month	Year
			1	January	2024	to				31		December	2024
												(remember to include the page numbers of additional sheets)
			My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the viewgiven bythe accounts.
			not express an audit opinion on the viewgiven bythe accounts.
			In the course of my examination, no matter has come to my attention
			~~disclosed on the attached page*~~]
	Signe Nam Relevant profession qualification(s) or body (if any): Addres		2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts tobe reached.
			understanding of the accounts tobe
									Date:		5 April 2025
			Institute of Certified Accountants

		2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts tobe reached.	2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts tobe reached.	2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts tobe reached.	2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts tobe reached.
Signe
				Date:	5 April 2025
Nam
Relevant profession
qualification(s) or body (if any):		Institute of Certified Accountants
Addres

*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.

APPENDIX 3 Disclosure section Only complete rf the examiner needs to highlight material problems. Give here brief details of any items that the examinerwishes to disclose

Ethiopia Reads UK Trustees’ Annual Report Period from 1 January 2024 to Period end 31 December 2024

Charity contact information

Your charity’s name: Ethiopia Reads UK

Scottish Charity Number: SC051397

Address: 18 Inverleith Terrace, Edinburgh

Postcode: EH3 5NS

Charity Trustees

Name all of your charity trustees for the period, and the date they left if they were not in post for the whole year:

2

Objectives and activities

The charity was set up in November 2021 with the objective of promoting the advancement of education in Ethiopia. It is specifically focussed on improving literacy and reading for children and young people.

Ethiopia, with the second largest population in Africa, has a young demographic with over half of the 120 million population under 18 years old. The primary school system has expanded enormously and is now the 7[th ] largest in the world, with over 25m students enrolled before the coronavirus pandemic and violent conflicts in the north of the country. However, child literacy levels are very low with 65% of children unable to read a word, and only 5-6% reading at school year level. There are many factors which explain this, but one major reason is an extreme shortage of reading materials in mother tongue languages for children. There are few libraries plus a weak reading culture and understanding of the power of reading outside the classroom with a distinct lack of both parents and caregivers reading to and with children at home or children reading independently.

Ethiopia Reads UK has been established to mobilise support and resources in the UK to help address these problems, specifically supporting projects that promote reading as the fundamental basis for the success of a child’s formal education.

Ethiopia Reads UK has partnered with Ethiopia Reads, a US 501(3)c nonprofit (“ER US”), which has been working on these problems in Ethiopia, for over 20 years, with significant success. ER US has a number of supporters in the UK who have expressed interest in becoming involved in a UK-based charity with similar goals, and Ethiopia Reads UK will work with ER US, using its longer experience and teams on the ground in Ethiopia, to selectively support projects it has identified as important. Ethiopia Reads UK intends to organise to mobilise resources, including (but not limited to) funds, volunteers, institutional or government support or expertise, that can contribute to these projects.

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ER US helps many young readers directly through running its own community libraries, establishing primary school libraries in most regions of the country, running reading-oriented summer camps, family literacy events promoting reading practice to parents and donating many local language books to schools and, more recently, families displaced or where education has been disrupted by conflict.

ER US also promotes and is an advocate for reading outside the classroom through its own training of librarians and educators, hosting the only annual children’s reading professional conference (sponsored by the Ethiopian Ministry of Education and National Archive and Library Agency), advising major libraries and consulting with many organisations and establishing school libraries.

ER US is also a promoter of the children’s book ecosystem through the children’s reading conference, facilitating children’s writers and illustrators’ workshops, promoting and supporting talented Ethiopian children’s writers and sponsoring the only children’s book awards in the country.

ER US is well-known to Ethiopia Reads UK, sharing a trustee (Malcolm Clark) with the ER US board and another trustee (Charles Middleton) volunteered for a month in Ethiopia in 2020 for ER US.

It is intended that Ethiopia Reads UK will engage with ER US to identify important projects that the trustees believe would be attractive for Ethiopia Reads UK supporters to contribute to. Funds raised in such a way would be given in the form of grants to specific projects with reporting requirements.

Ethiopia Reads UK has not supported any specific projects yet.

Here is an update from Malcolm Clark on the recent work of ER US:

“Since 2003, Ethiopia Reads has accomplished so much: establishing libraries, providing training, large-scale gifting of children's books, advocating for reading and strengthening the undeveloped children's book marketplace. Most recently, we’ve pioneered an innovative approach to emergency education for millions displaced without any access to learning.

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We’re also proud to have inspired and supported other organisations and individuals working to publish books, reprint titles, set up libraries, and host reading fairs and festivals in Ethiopia. As a result, our skilled team and programs have attracted recognition from federal and regional government education ministries and agencies, the World Bank, and the International Board for Books for Young People (IBBY).

Ethiopia Reads has an ambitious, long-term mission to transform literacy and increase access to reading materials for young children across Ethiopia. We’re preparing for an even greater impact - expanding their dreams and opportunities wherever our efforts and resources can reach. It’s a big, exciting challenge, and we are ready to meet it!

During 2024, in addition to our library-based programmes, Ethiopia Reads has found ways to bring glimmers of hope to the lives of millions of displaced and conflict-affected children who have no access to education. With generous donations from our supporters, the World Bank, and the Ethiopian government, this year we gifted over 215,000 local language storybooks to the children of 27,000 conflict-affected families and to 1,162 damaged schools across the regions of Afar, Amhara, Benishangul, Oromia, and Tigray!

We continue to provide reading access to thousands of children at the Gebeta Library and the Hawassa Reading Centre , which remain open for a range of daily programmes. We have held the beloved Summer Camps at both libraries for hundreds of children with local volunteers, and continued providing reading programmes with our Donkey and Horse-Drawn Mobile Libraries in Hawassa and rural areas.

Ethiopia Reads is also becoming a national leader in literacy advocacy. In 2024, we hosted the 4th National Children's Reading Summit, published the first bibliography of Ethiopian children's books, and regularly supported reading festivals. More activities are in our pipeline.”

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Structure, governance and management

Type of governing document

The charity’s governing document is a written constitution based on the Scottish Council for Voluntary Organisations model Scottish Charitable Incorporated Organisation.

Trustee recruitment and appointment

There are three volunteer trustees, who all know each other well. All have known about Ethiopia Reads’ work for many years and all three trustees have experience of working or living in East Africa. As Ethiopia Reads UK develops, it is intended that the base of trustees will develop.

Malcolm Clark is from a professional banking and investment background and has been involved in the work of ER US for 20 plus years in various capacities, and currently as Board President.

Charles Middleton, a retired solicitor, has had a connection with ER US since 2020, when he spent a month in Addis Ababa volunteering for ER US.

Ian McAteer is owner and chairman of a marketing services business, has substantial charity board experience, and grew up in East Africa.

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.

Achievements and performance

During the accounting period the charity received gross interest from its banking facility with Virgin Money. It did not receive any donations nor make any payments or grants during this accounting period. The accounts show a credit balance of £796 GBP.

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Financial review

Statement of the charity’s policy on reserves

The trustees intend to hold £1,000 GBP minimum balance to meet unforeseen expenses.

Donated facilities and services

None.

Future plans

In 2025, a formal launch and promotion of the charity in the UK is intended.

Additional information

None.

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Declaration

Signed on behalf of the charity trustees:

Trustee

Date 2[nd] April 2025

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