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2021-07-31-accounts

Liverpool Mathematical Society Bursary Fund (Charity no. 1156909) Annual Report 1 August 2020 – 31 July 2021

The Liverpool Mathematical Society Bursary Fund is a Charitable Incorporated Organisation whose only members are the trustees.

The Secretary and Treasurer of the Liverpool Mathematical Society are ex officio trustees. In addition, there are at least three appointed trustees. New trustees may be appointed by a properly convened meeting of the existing trustees. The trustees as at 31 July 2021 were Mr. Anthony Carter, Mr. Michael Jones, Mr. Kenneth McKelvie, Professor Peter Newstead (Treasurer, LivMS), Mr. Lonnie Readioff and Ms. Davina Stanley. Dr. Ian Jarman was elected Secretary of LivMS at the Society's AGM on 22 September 2021 and then became an ex officio trustee.

The charity's address is

Liverpool Mathematical Society Bursary Fund, Department of Mathematical Sciences, University of Liverpool, Peach Street, Liverpool L69 7ZL.

Although hosted by the University of Liverpool, the charity is a completely independent organisation.

The charity's objective is the advancement of mathematical education through the award of bursaries to teachers, student teachers and pupils in schools to support activities for which funds are not otherwise available. Applications are made online through the charity's webpage at http://www.livmathssoc.org.uk/cgi-bin/sews.py?JoyceHattonMemorialBursaries. There are application deadlines on 30 September, 31 January and 31 May.

No applications were received during the year. This was undoubtedly due to the COVID-19 pandemic. There were 3 bursaries carried over from the previous year, but it was still not possible for these to be taken up by the end of the year. There has been correspondence with the applicants, two of whom have replied stating their intention to take up the bursaries during the year 2021/22. No reply has been received from the third applicant and this bursary has been cancelled with the proviso that it can be reinstated if confirmation of intent is received by our next deadline of 30 September 2021. We were awaiting further information on one application. Despite repeated attempts, it has not proved possible to contact the applicant, so this application has been cancelled.

We have still not received reports on any of the bursaries awarded in the year 2019/20. This is not surprising due to the effects of the pandemic. We shall pursue this during the year 2021/22.

The opening balance for the year was £6737.84. Expenditure on bursaries was £0.00. Income (donation from Liverpool Mathematical Society) was £500.00, resulting in effective funds available on 1 August 2021 of £7237.84. The donation was paid in two instalments, the first of £100.00 on 24 September 2021 directly to a beneficiary, the second of £400.00 on 4 October 2021 to the bursary account. The charity has no other assets and no liabilities.

23 May 2022

Liverpool Mathematical Society Bursary Fund Accounts

Charity No. 1156909
01/08/20 – 31/07/21
Receipts
Donation from Liverpool Mathematical Society £500.00
Total £500.00
Payments
Total £0.00
Cash funds 01/08/20 £6737.84
Cash funds 31/07/21 £6737.84
Creditors (Liverpool Mathematical Society) £500.00
Total funds £7237.84

The donation from Liverpool Mathematical Society has been promised but not yet paid for technical reasons.