Trustees’ Annual Report for the period:
From 01.01.2022 period start date To 31.12. 2022 Period end date.
Charity name: STEM British Educational Trust
Charity registration number: 1186752
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objectives of the trust are “advancement of education” in general. Particularly in STEM (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 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The trust is still in its infancy trying to start an educational STEM institute in Pakistan. The legalities and procedures in Pakistan to set up a graduate level institution are frustratingly slow. We are still going through the required administrative hurdles and pre-requests in Pakistan. However, we have made significant progress: 1. We are now registered with the ministry of interior in Pakistan. This was achieved by multiple visits to Pakistan, begging and pleading with officials, multiple phone calls and numerous emails. Registration in Pakistan was completed in 2022. 2. again in 2022 trust was registered with tax authorities in Pakistan. 3. Trust opened a bank account in Pakistan, 2022. 4. As a charity organisation, we got approval from Pakistan social services in 2022. 5. Signed a memorandum of understanding (MOU) with the federal Govt. of Pakistan as to the details of our proposed work in Pakistan. 6. Got approval of Pakistan economic affairs division in Pakistan. 7. all this was done by the trustees themselves, involving multiple visits to Pakistan, at their own expense for the charitable cause to set up an educational institute in Pakistan. 8. This was very bureaucratic, |
| cumbersome, heart-breaking and upsetting at times, anyway we went on. |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes, they, the trustees had regard to the guidance issued by the charity commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
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
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During 2022: 1. Trust got registration with the ministry of interior in Pakistan as a charitable trust. This was achieved by multiple visits to Pakistan, begging and pleading with officials, multiple phone calls and numerous emails. 2. Trust was registered with tax authorities in Pakistan. 3. Trust opened a bank account in Pakistan. 4. As a charity organisation, we got approval from Pakistan social services department as NPO. 5. Trust signed a memorandum of understanding (MOU) with the federal Govt. of Pakistan as to the details of our proposed work in Pakistan. 6. Trust got approval from Pakistan economic affairs division, ministry of |
finance, in Pakistan.
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the end of this reporting period, the trust’s income was £ 2K and expenditure was 1.952K. All the income was donated by the trustees and we did not raise any funds from public. Expenses were the money transferred to the trust’s Pakistan account to keep the account open and the bank transfer charges. We have not started to build the institute as yet, hence low financial expenses. Most of the travelling and other costs were born by the trustees from their personal pockets. 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). |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We shall hold appropriate amount of money in reserve. Donations have been pledged to the trust, but only after we start to build the institute. |
| Amount of reserves held | Para 1.22 | £ 260. |
| Reasons for holding zero reserves |
Para 1.22 | NA |
| Details of fund materially in deficit |
Para 1.24 | NA |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Foreign trust’s registration (permission to work) in Pakistan needs to be repeatedly renewed, yearly or every 3rd year following various agencies reports about the function of the charity. Potentially, at any time in future, If the charity failed to get registration from the Pakistan authorities – this will add uncertainty to the trust as a functional entity in Pakistan. [But this applies to all British and foreign INGOs working in Pakistan]. |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted
Para 1.46 A description of the principal risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
Trust set up to advance graduate education, particularly STEM education in Pakistan. |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO trust. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed by the chair and the trust. Two class of trustees family trustees and professional expert trustees, according to the constitution. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | STEM British Educational Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1186752 |
| Charity’s principal address | 148, Nottingham road Ravenshead, Nottingham. NG15 9HL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Dr Shaukat Ali | Lead, Chair and foundingtrustee. |
Since – 05.12.2019 | Chair and the trust according to the constitution. |
|
| Dr Usman I Ali | Founding trustee – Treasurer and international development. |
Since – 05.12.2019 | Chair and the trust according to the constitution. |
|
| Mrs Fazeel A Ali | Founding trustee - secretary |
Since – 05.12.2019 | Chair and the trust according to the constitution. |
|
| Mr Abdul Razzaq | Trustee and Country Head, Pakistan. |
Since 02.03.2021 | Chair and the trust according to the constitution. |
|
– 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/NA 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 for NA 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
We are making progress
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 Secretary, chair Chair, etc)
Date 30.10.2023
Charity Name STEM British Educational Trust.
No (if any) 1186752
Receipts and payments accounts
For the period Period start date from 01.01.2022
Period end date To 01.12.2022
CC16a
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Donations bythe foundingtrustees. 2,000 - - - - - - - 2,000 none - - Sub total - Total receipts 2,000 A3 Payments payment to STEM Pakistan bank charges - - - - - - - - Sub total - nil - - Sub total - Total payments - Net of receipts/(payments) A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ |
Last year to the nearest £ |
| - - - - - - - - - |
- - - - - - - - - |
2,000 - - - - - - - 2,000 |
20 | |
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| 20 | ||||
| - - - |
- - - |
- - - |
- | |
| - | ||||
| - | ||||
| - | - | 2,000 | 20 | |
| - - - - - - - - - - |
- - - - - - - - - - |
1,899 53 - - - - - - - 1,952 |
- | |
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - - - |
- - - |
- - 1,952 |
||
| - | ||||
| - | - | 1,952 | - | |
| - - - - |
- - - - |
- 212 260 |
20 | |
| - | ||||
| 192 | ||||
| 212 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details bank balance Details nil Details nil Details nil Details nil Signature dr shaukat ali Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 260 - - - - - 260 - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name dr shaukat ali Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| dr shaukat ali | dr shaukat ali | 30.10.2022 | |