2020-12-31-accounts

Trustees’ Annual Report for the period:

From 5.12.2019 period start date To 31.12.2020 Period end date.

Charity name: STEM British Educational Trust

Charity registration number: 1186752

Objectives and Activities

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SORP reference
Summary of the Para 1.17 The objectives of the trust are
purposes of the charity “advancement of education” in
as set out in its general. Particularly in STEM
governing document (Science, Technology, Engineering
and Mathematics/ Medicine) subjects
to be achieved by starting a “STEM
institute” in Pakistan at a graduate
level.
Summary of the main Para 1.17 and It is a new trust which is still “in its
1.19
activities in relation to infancy”. Trust’s goal is to start a
those purposes for the STEM institute in Pakistan. However,
public benefit, in before the trust could start that it
particular, the activities, need to go through the
projects or services administrative hurdles in Pakistan.
identified in the The major one is to get the trust
accounts. registered in Pakistan so that the
trust could operate in Pakistan. We
applied for our registration in Nov
2020. Our application is with the
Pakistan ministry of interior in
Islamabad for their approval.
Registration in Pakistan is a
mandatory process to work in
Pakistan.
We have the support of British High
Commission in Pakistan. At present
we are going through various hurdles
to satisfy the Pakistan authorities to
grant us registration to work in
Pakistan.
Statement confirming Para 1.18 Yes, they, the trustees had regard
whether the trustees to the guidance issued by the
have had regard to the charity commission on public
guidance issued by the benefit.
Charity Commission on
public benefit
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SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

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SORP reference
1.Preparation of application for
registration in Pakistan (it took 10
months to get all the documents they
Summary of the main wanted). there were 25
Para 1.20
achievements of the documents presented in support of
charity, identifying the our application including a letter
difference the charity’s from the British High Commission in
work has made to the Pakistan.
circumstances of its 2.We applied in November 2020, we
beneficiaries and any have visited Pakistan to follow our
wider benefits to society application with the officials in the
as a whole. Ministry of interior in Islamabad. We
have met high officials in Pakistan to
explain the educational objectives of
the trust.
3. Proposed land have been identified
where the future institute could be
built.
4. Background “planning application”
work have been done.
5. building plans have been drawn up
by a building and design consultancy
in UK.
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review

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Review of the charity’s Para 1.21 At the end of the reporting
financial position at the period, the trust’s income was
end of the period 5.01k and expenditure was 4.82K.
All the income was donated by
the founding trustees. There was
only one major expense which
was solicitor’s fee who prepared
the constitution of the CIO. We
have not started to build the
institute as yet, hence low
financial through flow in the
trust’s bank account. The
charity’s financial position is
good. We have no loans or debts.
As yet the trust does not own any
property except what is in our
bank a/c. The trust does not
employ any staff to reduce the
expenses. The work is done
voluntarily by the trustees
especially U Ali who is the
national lead for all the
developments in Pakistan. He was
involved in meetings with the
British High Commission in
Pakistan to muster support for
the trust’s project. He lead the
trust’s application for
registration/ proposed land
selection and development etc
and made significant positive
progress. We are going through
the most difficult stage of trust’s
life i.e., getting the our charity
registered in Pakistan.
Statement explaining Para 1.22 We shall hold appropriate amount
the policy for holding of money in reserve. Donations
reserves stating why have been pledged to the trust,
they are held but only after we are given go
ahead for our charity’s
registration in Pakistan.
Amount of reserves held Para 1.22 Over £100. Most of the
administrative, travelling and
consumer costs are born by the
trustees themselves.
Reasons for holding zero Para 1.22 na
reserves
Details of fund materially Para 1.24 na
in deficit
Explanation of any Para 1.23 Although we have been informally
uncertainties about the informed that registration will be
charity continuing as a granted, however, If the charity
going concern trust failed to get registration/
planning permission by the
Pakistan authorities – only this
will add uncertainty to the trust
as on going concern.
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management

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Description of charity’s Trust set up to advance education
trusts: particularly STEM education in
Pakistan.
Type of governing Para 1.25 CIO Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO trust.
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointed by the chair and the
methods including trust. Two class of trustees family
details of any trustees and professional expert
constitutional provisions trustees, according to the
e.g. election to post or constitution.
name of any person or
body entitled to appoint
one or more trustees
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name STEM British Educational Trust
Other name the charity
uses
Registered charity 1186752
number
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	Charity’s principal address	148, Nottingham road Ravenshead, Nottingham. NG15 9HL

Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Dr Shaukat Ali Chair and Since – 05.12.2019 Chair and the trust
1 founding trustee. according
to the constitution.
Dr Usman I Ali Founding trustee Since – 05.12.2019 Chair and the trust
–
according
2 Treasurer and to the constitution.
international
development.
Mrs Fazeel A Ali Founding trustee Since – 05.12.2019 Chair and the trust
3 - according
secretary to the constitution.
Mr Abdul trustee Since 02.03.2021 Chair and the trust
4 Razzaq according
to the constitution.
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name

none

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for
whole year
none
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Funds held as custodian trustees on behalf of others

Description of the assets none held in this capacity

Name and objects of the na charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements na for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

na

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Dr Shaukat ali Full name(s) Dr Shaukat ali

Position (eg chair Secretary, Chair, etc)

Date 30.11.2021

Charity Name No (if any) STEM British Educational Trust. 1186752

Receipts and payments accounts

For the period Period start date from 05.12.2019

Period end date 31.12.2020

To

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations by the founding trustees. 5,010 - - 5,010
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 5,010 - - 5,010
A2 Asset and investment sales,
(see table).
nil - - - -
- - - -
Sub total [ - ] - - -
Total receipts 5,010 - - 5,010
A3 Payments
solicitor's fee 4,818 - - 4,818
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total 4,818 - - 4,818
A4 Asset and investment
purchases, (see table)
nil - - - -
- - - -
Sub total - - - -
Total payments 4,818 - - 4,818
Net of receipts/(payments) 192 - - 192
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 192 - - 192
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Section B Statement of assets and liabilities at the end of the period

		Unrestricted		Restricted
Categories	Details	funds		funds
B1 Cash funds	bank balance Total cash funds (agree balances with receipts and payments account(s))	to nearest £ 192 - - 192 OK	OK	to nearest £ - - - -
		Unrestricted		Restricted
		funds		funds
	Details	to nearest £		to nearest £
B2 Other monetary assets	nil	- - - - - -		- - - - - -
B3 Investment assets	Details nil	Fund to which asset belongs	Cost (optional) - - - - -
B4 Assets retained for the	Details nil	Fund to which asset belongs	Cost (optional) -
charity’s own use				- - - - - - - -
		Fund to which		Amount due
B5 Liabilities	Details nil	liability relates		- - - - - (optional)
Signed by one or two trustees on behalf of all the trustees	Signature	Print	Name
	dr shaukat ali	dr shaukat		ali

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CC16a
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Last year

to the nearest £

-

-

-

-

Endowment funds to nearest £

-

OK

Endowment funds to nearest £

-

Current value (optional)

-

Current value (optional)

When due (optional)

Date of approval 30.11.2021