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2021-01-31-accounts

STEM Without Borders

Charity Registration Number: 1181302

2[nd] Annual Report

Period covered: 01/02/2020 – 31/02/2021

Trustees

Simon Billington (Chair) Rebecca Pindar Mike Cargill Sally Richardson Joseph Birks

Summary

The second year of the charity has dogged by Coronavirus so the 2 visits that were planned to Cambodia and Morocco were both cancelled. After over 12 months of discussion and negotiation the income from provision of digital badges for the Royal Academy of Engineering has started with £120 received in this accounting period. There have been sales of the Global STEM Award – these are small in this year and plan to grow in the future 12 months.

Financials

Bank account was set up and income to the charity has been initially from sales of the Global STEM Award plus individual donations from the trustees. Bank balance at 31/1/20 £366.81

Income:

Opening balance: £362.25

Income for the period: £355.50 as follows:

Global STEM Award certificate sales: £185.50

UKSTEM (Royal Academy of Engineering digital badges): £120.00

Donation for equipment loan: £50.00

Expenses for the period: £59.28

Outgoings: Microsoft account 12 @ £4.56 = £59.28

Closing balance: £663.03