Trustees’ Annual Report for the period
From 01.01.2021 (Period start date ) To 31.12.2021 (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 relatively new trust in its
1.19
activities in relation to infancy. Trust’s goal is to start a
those purposes for the STEM educational institute at a
public benefit, in graduate level in Pakistan. However,
particular, the activities, before the trust could start that it
projects or services needs to go through multiple
identified in the administrative hurdles in Pakistan.
accounts. After multiple visits to Pakistan to see
various officials at personal expense
trust have finally achieved registered
in Pakistan with the ministry of
interior, what it means is that the
trust could operate in Pakistan. We
applied for this registration in Nov
2020 and got our registration in early
months of 2022. This was a a
mandatory process for a foreign trust
to work in Pakistan.
At present we are going through
various other administrative e.g.
trust’s recognition as NPO in
Pakistan. This is again a very lengthy
process. Please keep in mind that
nothing moves according to the plan
in Pakistan and you need a patience
of an elephant.
Statement confirming Para 1.18 Yes, they, the trustees, had
whether the trustees regard to the guidance issued by
have had regard to the the charity commission on public
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benefit.
guidance issued by the Charity Commission on public benefit
Additional information (optional)
You may choose to include further statements where relevant about: SORP reference
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SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social
investment including
program related
investment
Trustees are the only volunteers
Para 1.38 who are dealing with the various
Contribution made by government departments in
volunteers Pakistan to get all the necessary
paperwork through.
None.
Other
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Achievements and Performance
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SORP reference
The main achievement of the
trust is getting registered with
the ministry of interior in
Summary of the main Pakistan and signing a
Para 1.20
achievements of the memorandum of understanding
charity, identifying the with the government of Pakistan
difference the charity’s on our individual responsibilities
work has made to the and code of conduct.
circumstances of its Our next object is to get our trust
beneficiaries and any recognised as NPO in Pakistan as
wider benefits to society it is in UK.
as a whole.
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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 this reporting
financial position at the period, the trust’s income was £
end of the period 20. and expenditure £ 0.
The income of £ 20 was donated
by the trustees to keep the trust
bank account open.
Essentially the trustees have
been bearing all the travel and
other expenses of running around
to/ within Pakistan, hence there is
no trust expenditure.
We are trying to full fill all the
legal and administrative
requirements in Pakistan before
we can start to build the
institute. 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 Dr U Ali who is the
national lead trustee 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 leads the
trust’s application for NPO
recognition and ongoing land
selection and developments in
Pakistan etc and have made a
significant positive impact and
progress.
Statement explaining Para 1.22 We do not hold any significant
the policy for holding reserves, except to what is in our
reserves stating why bank account -£212 at the end of
they are held this accounting period. Once we
overcome all the legal
requirements of the trust in
Pakistan, only then the trustees
hope to donate large sums of
money to the trust to start
building the institute in Pakistan.
At present all the setup expenses
are born by the trustees
themselves.
Amount of reserves held Para 1.22 £ 212.
Reasons for holding zero Para 1.22 We are in the administrative
reserves stages of setting up the institute
in Pakistan.
Details of fund materially Para 1.24 NA
in deficit
Explanation of any Para 1.23 Failing to get NPO recognition in
uncertainties about the Pakistan, application is in
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charity continuing as a going concern
progress.
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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 science
trusts: and technical education
particularly in STEM subjects 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
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 148 Nottingham road.
address Ravenshead.
Nottingham
NG15 9HL
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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
founding trustee. according
to the constitution.
Dr Usman I Ali Founding trustee Since – 05.12.2019 Chair and the trust
–
according
Treasurer and to the constitution.
international
development
trustee.
Mrs Fazeel A Ali Founding trustee Since – 05.12.2019 Chair and the trust
-
according
secretary to the constitution.
Mr Abdul trustee Since 02.03.2021 Chair and the trust
Razzaq according
to the constitution.
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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
Trustee name Dates acted if not for whole year NA
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
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) Shaukat ali Full name(s) Shaukat ali
Position (eg chair Secretary, Chair, etc)
Date 03.10.2022
STEM British Educational Trust.
1186752
Receipts and payments accounts For the period Period start date To from 01.01.2021
Period end date 31.12.2021
Section A Receipts and payments
Unrestricted funds to the nearest £
Restricted funds
Endowment Total funds funds
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to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
donation by trustees 20 - - 20
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 20 - - 20
A2 Asset and investment sales,
(see table).
none - - - -
- - - -
Sub total [ - ] - - -
Total receipts - -
A3 Payments
none - - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total - - - -
A4 Asset and investment
purchases, (see table)
none - - - -
- - - -
Sub total - - - -
Total payments - - - -
Net of receipts/(payments) - - -
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - 192
Cash funds this year end - - - 212
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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 account Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ 212 - - 212 Agreement Error |
OK |
to nearest £ - - - - |
| Unrestricted | Restricted | |||
| funds | funds | |||
| B2 Other monetary assets | Details none |
to nearest £ - - - - - - |
to nearest £ - - - - - - |
|
| B3 Investment assets | Details none |
Fund to which asset belongs |
Cost (optional) - - - - - |
|
| B4 Assets retained for the | Details none |
Fund to which asset belongs |
Cost (optional) - |
|
| charity’s own use | - - - - - - - - |
|||
| Fund to which | Amount due | |||
| B5 Liabilities | Details none |
£0 liability relates |
- - - - - (optional) |
|
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | ||
| shaukat ali | shaukat ali |
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CC16a
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Last year
to the nearest £
5,010 - - - - - - - 5,010
-
-
-
Endowment funds to nearest £
-
OK
Endowment funds to nearest £
-
Current value (optional)
-
Current value (optional)
When due (optional)
Date of approval 03.10.2022