Finance Score: 7
Governance Score: 6
Support Score: 16
  • Liabilities <10%: +3
  • Strong growth: +2
  • Fundraising costs high: -3
  • Future income +5
  • Dynamic board: +3
  • Gender balanced board: +3
  • Large volunteer base +5
  • Overall weighted support: +11
Overall GiG Score: 29 ?

SCHOOLREADERS

To advance education in the UK by providing and assisting the provision of literacy support in such ways as the charity trustees think fit, including the provision of volunteers to UK primary schools to listen to pupils read and encourage their reading skills.
Analysis by Giving is Great

Positives:

  • This charity has been very successful in attracting volunteers relative to its size
  • The charity has received backing from multiple prominent grant makers recently and there are significant future grants due to be received
  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • There have been no income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

  • Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/23£747£738£10£241£645£5799.4202,270
31/08/22£565£524£40£146£635£54612.5151,440
31/08/21£545£365£180£110£595£42514101,396
31/08/20£506£310£196£88£415£32912.881,282
31/08/19£339£265£74n/an/an/an/an/an/a
31/08/18£283£200£82n/an/an/an/an/an/a
31/08/17£155£101£54n/an/an/an/an/an/a
31/08/16£53£47£6n/an/an/an/an/an/a
31/08/15£27£25£2n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 33.3%
Fundraising Costs/Total Spending: 32.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 9.4 months
Net Current Assets/Spending: 10 months
Quick Ratio: 3.1
Asset Split ?
Balance Sheet History
Established: 10 years

http://www.schoolreaders.org/

enquiries@schoolreaders.org

01234 924222

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Academic support
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides human resources
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
The October Club£640,000
J J Charitable Trust£120,000
Garfield Weston Foundation£105,000
Dulverton Trust£75,000
CHK Foundation£70,000
Tudor Trust£42,000
DCMS£20,000
Essex Community Foundation£16,750
Specific Donations
Amount When
Months
To be used for
The October Club -
£640,000 31/10/2023
Garfield Weston Foundation - Main Grants award
£40,000 07/07/2023
Improving children's life chances by tackling poor literacy
CHK Foundation - CHK Discretionary Grant
£45,000 07/11/2022
to support specified work
Essex Community Foundation - Grant to Schoolreaders
£6,750 27/10/2022
towards the running costs of a volunteer reading scheme supporting primary school children in Essex
J J Charitable Trust - To support reading mentors for schools in areas of deprivation and postpandemic educational deficit
£120,000 09/06/2022
To support reading mentors for schools in areas of deprivation and postpandemic educational deficit
Garfield Weston Foundation - Main Grants award
£40,000 03/06/2022
Improving Children’s Literacy through Volunteer Support
The Leathersellers' Company Charitable Fund - Grant to Schoolreaders
£12,500 06/05/2022
Jubilee Grant Restricted Project Funding
Dulverton Trust - Core costs
£75,000 28/10/2021
Core costs
CHK Foundation - CHK Emergency /Disaster Grant
£25,000 30/06/2021
to support specified work
Essex Community Foundation - Grant to Schoolreaders
£5,000 09/06/2021
towards the running costs of a volunteer reading scheme supporting primary school children in Essex
Suffolk Community Foundation - Schoolreaders – A reading volunteer project for Suffolk
£3,000 13/05/2021
11
To support Schoolreaders – A reading volunteer project for Suffolk.
Suffolk Community Foundation - Schoolreaders – A reading volunteer project for Suffolk
£2,000 13/05/2021
Improving children’s literacy through volunteer support – Responding to COVID-19.
Suffolk Community Foundation - Improving children’s literacy through volunteer support – Responding to COVID-19
£5,000 27/03/2021
6
Improving children’s literacy through volunteer support – Responding to COVID-19.
Tudor Trust - Grant to Schoolreaders
£2,000 12/01/2021
as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
The Grocers' Charity - 2021 - Schoolreaders
£5,000 17/11/2020
Free reading support for children at local schools. The grant would provide weekly one-to-one reading support to an additional 330 primary schoolchildren.
DCMS - Coronavirus Community Support Fund
£20,000 05/10/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
Garfield Weston Foundation - Main Grants award
£25,000 17/07/2020
Improving Children's Literacy to Transform Life Outcomes
Tudor Trust - Grant to Schoolreaders
£40,000 17/01/2020
24
over two years as continuation core funding for a volunteer reading scheme operating across England
Essex Community Foundation - Schoolreaders – A reading volunteer project for Essex
£5,000 16/12/2019
11
Towards the costs of a volunteer-led scheme which helps primary school children in Essex to improve their literacy
Suffolk Community Foundation - Schoolreaders – A reading volunteer project for Suffolk
£5,000 22/10/2019
14
To support Schoolreaders – a reading volunteer project for Suffolk.
The Leathersellers' Company Charitable Fund - Grant to Schoolreaders
£30,000 11/10/2019
48
Main Grant unrestricted core costs
Dulverton Trust - Strategic development
£15,000 25/10/2018
Strategic development
Garfield Weston Foundation - Main Grants award
£10,000 25/07/2018
Improving Children’s Literacy to Transform Life Outcomes
Essex Community Foundation - Schoolreaders - Transforming Children's Literacy in Essex through Volunteer Support
£5,000 09/07/2018
11
To expand a volunteer supported scheme across the county to help children improve their literacy
Tudor Trust - Grant to Schoolreaders
£50,000 13/10/2017
24
over two years towards the development and expansion of a volunteer reading scheme across the East of England
Essex Community Foundation - Schoolreaders. A reading volunteer project for Essex
£5,000 05/12/2016
11
To establish a scheme across the county to help children improve their literacy by providing volunteers to listen to them on a 1:1 basis
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

  • ALICE GARNETT Appointed: 2021
  • JANE ELIZABETH WHITBREAD (Chair) Appointed: 2014
  • LUCINDA COPEMAN Appointed: 2017
  • NICHOLAS PATRICK FROY Appointed: 2022
  • RORY LANDMAN Appointed: 2021
  • SHANNAN STEVENSON Appointed: 2018
Legal constitution
  • Charity registered in England & Wales on 11/11/2014, number: 1159157
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
9 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from THE SOCIETY OF OUR LADY AT WINTON on 31/01/2023
Main office

Schoolreaders
Bedford Heights
Brickhill Drive
BEDFORD
MK41 7PH

Objectives

TO ADVANCE EDUCATION IN THE UK BY PROVIDING AND ASSISTING THE PROVISION OF LITERACY SUPPORT IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING THE PROVISION OF VOLUNTEERS TO UK PRIMARY SCHOOLS TO LISTEN TO PUPILS READ AND ENCOURAGE THEIR READING SKILLS.

Data Sources

Charity Commission for England and Wales
360 Giving

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