The Squeaks Foundation 

Annual Report 2020 

## **Message from the Board of Trustees** 

London, December 2020 

Dear all, 

2020 was an incredibly challenging year for everyone due to Covid-19. With travel disruption, we were not able to onboard any students for our scholarship program. Our partner university – Khyber  Girls  Medical  College,  in  Peshawar  -  closed  for  extended  periods.  We  experienced significant delays to the length of processing payments as the university staff was not available to provide us with the necessary information. 

Simultaneously,  we  also  halted  our  fundraising  efforts.  However,  we  continue  funding  our existing scholarship commitments, and are currently giving out 36 scholarships at KGMC. The funding required per student went down due to the devaluation of the Pakistani rupee. 

100%  of  the  donations  previously  collected  went  to  fund  (i)  bank  transaction  fees  and  (ii) scholarships . We continue to operate without any other costs as was our commitment from the onset. 

Lastly,  while  our  cash  position  was  depleted,  we  are  confident  that  this  will  be  rectified throughout 2021 as we ramp up fundraising efforts again. 

Please see below our accounts. 

Best wishes, 

Ana Castro Henckel 


Founder & Trustee 



**Financial Results – Year End 2020 –** _**As submitted to the U.K. Charity Commission**_