OpenCharities

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2021-11-30-accounts

Description of thecliarity'strus ts
Typeof governing document Constitution adopted5mOctober2017
Howthecharity is constituted Incorporated Organisation
Trustee selection methods Trusteesare appointedorreappointedbytrusteesattrusteemeetings.
Additionalgovernance issues (Optionalinformation)
You maychoosetoinclude
additional information, where
relevant, about.
Alltrusteesgive their time as Trustees forfreeon avoluntarybasis and
receive no renumeration or other benefits for that time.
Theinductionandtraining of Trustees is based ontheinformationand
videos fromTheCharity Commission andTheFoundationforSocial
rpolicies and procedures lmprovement websites.
adopted fortheinduction and
trainingoftrustees; Thereis a chitd protection policy in place,cunentDisclosureandBaring
rthecharity's organisational
structure and anywider
Service Checks are requiredforallthoseassociatedwithSitC or
volunteerswhohavethepotential to work withvulnerablepeople.
network with whichthecharity
works;
rrelationshipwithany related
parties;
otrustees'considerationof
major risks andthesystem
and procedurestomanage
them"
STEMintheCommunity's charitable purposeisioadvance (promote,
sustain,and increasetheknowledgeof)theeducation of young peoplein
Summaryofthe objects of the
charitysetoutin its
governingdocument
thesubjects of Science,Technology,Engineering and Maths (also known
as STEM)lnadditionit istoadvance the education ofyoungpeoplein
life-long & social skills such asteamwork,communication, problem
solving,resilience&timemanagement.

All fundingreceived wasforspecific STEM activity projectsandthatis
Brief statement of the
charity's policyon reserves
whatthe fundswerespenton.Wedo not see thischanging. ltis not
intendedtobuild up reserves.
Details ofanyfundsmaterially None. ln the same way wedonot intendtobuild up reserves it is not
indeficit intendedtorun any funds/projects in deficit.
Furtherfinancialreview details (Optionalinformation)
You maychoosetoinclude
additionalinformation.where
Funding thisyearhas comefrom17differentorganisations.100%of
fundinghas been spent on running STEM activities.
relevant about:
othe charity'sprincipal
sourcesoffunds(including
any fundraising);
.
how expenditurehas
supportedthekey objectives
ofthecharity;
rinvestment policy and
objectives including any
ethical investment policy
adopted.
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from
a1fi2t2j21 To 34fi1/2021
Unrestricted
funds
Restricted
funds
Endowment
funds
Totalfunds Lastyear
tothenearest€ to the neareste tothenearest€ tothe nearestf to the nearest€
AlReceipts
14,377 26,524
14,377 26,524
A2Asset and investmentsales,
(seetable).
Unrestricted Restricted Endowment
i-,;ii...:ir;!.iirti
81Cashfunds
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funds
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funds
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82Othermonetary assets
**r+i;s Fund towhich Cost(optionalJ
83lnvestmentasseta None
i"istiX Fundto which Cost (optionall Cilrrentyalue
84Assetsretainedfor the None
charity's ownuse
**iaiEr; Fund towhich Amount due lJYhendue
B5Liabilities None