## **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**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||dr shaukat ali|dr shaukat ali|30.10.2022| |||||