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**| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| APPENDIX2 APPENDIX2 APPENDIX2 APPENDIX 2 ## **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 5 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 APPENDIX 2 **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. **3** 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. **4** 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.” **5** ## **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. **6** . ## **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. **7** **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. **8** ## **Declaration** Signed on behalf of the charity trustees: Trustee Date 2[nd] April 2025 **9**