2024 Annual Report
This annual return reflects the mission, activities and financial accounting for 2024.
Mission
Srpska Tech’s mission is to provide opportunities to individuals, through university education in computer science and related engineering disciplines, which enables a sustainable future with a career in tech.
Charitable objects
The advancement of education for the public benefit by providing scholarships to study Computer Science and related engineering disciplines at higher education institutions within Bosnia & Herzegovina
Activities
The mission has been achieved through partnership with the University of Banja Luka in Republika Srpska, Bosnia & Herzegovina to establish the Srpska Tech scholarship for Software Engineering and fully funding four students to begin studying at the University for the academic year 2023/24. Srpska Tech set out an agreement with the University for equal access and representation for three students to attend the university and complete their first year of higher education studies in preparation for further years of the Software Engineering degree course.
Operations
Srpska Tech has two Trustees who donate and fundraise to provide the scholarships; with a lightweight operation there were no overheads this year and as any operational costs and transaction fees were covered by the Trustees - therefore 100% of the money donated was used to provide opportunities and access to the students enrolling to study at the University of Banja Luka.
Financial Accounting
In the charity’s first year of operations, the Trustees provided the funds.
In the charity’s second year of operations £4,752 was donated directly to the charity and the scholarships created totalled £3,525, this was sent directly to the University to cover the tuition fees for the four students in accordance to Srpska Tech’s financial controls.
In the charity’s third year of operations £2635 was donated directly to the charity and the scholarships created totalled £2704, this was sent directly to the University to cover the tuition fees for the four students in accordance to Srpska Tech’s financial controls.
Summary
In accordance to the Governing Document and Mission, Srpska Tech has achieved its goals for the year and is excited to continue providing opportunities for people in Bosnia & Herzegovina to access higher education within Software Engineering & Computer Science to enable a sustainable long term future within technology.
SRPSKA TECH
Income and Expenditure Account For the Year Ended 30th March 2024
Income
£2635
Less :
£2703.91
Less:
NET LOSS FOR THE YEAR AFTER TAX £(69.05)