OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-04-01-accounts

Trustees’ Annual Report for the period

From 1[st] April 2024 Period start date To 31[st] March 2025 Period end date

Charity name: STEMunity

Charity registration number: 1195614

STEMunity - Chairman's Report

For the year ended 31st March 2025

Chairman’s Report 2025

I am pleased to present the Chairman's Report for STEMunity for the financial year ending 31st March 2025, a period marked by unprecedented growth and a transformative impact for our charity.

Financial Performance

2024/25 has been a landmark year for STEMunity's financial sustainability. Our income increased from £77,243 in 2023/24 to £187,788 this year, representing a growth of 143%. This marks the third consecutive year of substantial financial expansion and reflects the growing confidence funders place in our ability to deliver high-quality, impactful STEM education programmes.

Our expenditure totalled £130,706, compared to £79,083 in the prior year, reflecting our expanded programme delivery across five UK regions and the scaling of our flagship initiatives.

Prudent financial management enabled us to end the year with total reserves of £65,562, comprising:

• £37,719 in restricted funds allocated to specific projects including 5PARK , Land, Sea & Air , and First LEGO League Discover

• £27,843 in unrestricted reserves, providing crucial operational flexibility

This represents a sevenfold increase in our reserve position from £8,479 in 2023/24, positioning STEMunity on a significantly stronger footing to deliver sustainable growth and respond to future emerging opportunities.

Programme Delivery and Impact

Our financial growth has directly translated into expanded reach and deeper impact. In 2024/25, STEMunity engaged over 18,000 young people across more than 100 schools through our core programmes. This represents an almost doubling in numbers from approximately 10,000 students in 2023/24, demonstrating both scale and depth of engagement.

Key Programme Highlights:

Strategic Partnerships

These achievements would not have been possible without the commitment and investment of our strategic partners. We extend sincere thanks to:

Inclusion and Accessibility

STEMunity remains firmly committed to widening participation in STEM education. Our programmes actively target underrepresented groups, including:

The successful pilots in SEND and hospital school settings demonstrate our determination to ensure that high-quality STEM education is accessible to all young people, regardless of their circumstances.

Financial Sustainability and Governance

The Trustees have continued to strengthen STEMUnity's governance and financial resilience:

Looking Ahead

With a strengthened financial position and a proven delivery model, STEMunity is wellpositioned for sustainable growth in 2025/26 and beyond. Our strategic priorities include:

Conclusion

2024/25 has been a transformational year for STEMunity. The combination of exceptional financial growth, expanded programme reach, and deepening impact demonstrates that our model of connecting educators, industry, and communities to deliver inclusive STEM education is both practical and scalable.

On behalf of the Board of Trustees, we thank all our funders, partners, volunteers, schools, and staff for their unwavering commitment to STEMunity's mission. Together, we are breaking down barriers to STEM education and equipping the next generation with the skills, confidence, and curiosity to thrive in a rapidly changing world.

Andrew Harrison-Chinn Chair of Trustees STEMunity

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The purpose of STEMunity, as outlined in
its governing document, is to advance the
education of young people in STEM
(Science, Technology, Engineering and
Mathematics). We achieve this by
connecting educators, industry
professionals, and academics to create
inclusive, innovative learning opportunities.
Our aim is to enhance the curriculum, raise
aspirations, and equip young people with
the skills and confidence needed for future
STEM careers.
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 STEMunity delivers public benefit by
widening access to high-quality STEM
education, with a particular focus on
underrepresented groups. In 2024/25 this
included:
5PARK Programme– hands-on
learning boxes and community
events, engaging students in
engineering, transport, water and
sustainability challenges.
Big Bang at Schools– delivered with
Engineering UK across five UK
regions, reaching 10,000 students
with bespoke, school-led STEM
days.
Energy Quest– facilitator-led
workshops in London and the South
East, including pilot delivery in SEND
and hospital school settings to trial
wider accessibility.
Land, Sea and Air– a Portsmouth-
based programme combining large-
scale STEM activity, creative
projects with The Watercress Line,
and drone technology sessions with
industry partners.
First LEGO League Discover and KS1
Science Fair– delivered through the
Portsmouth Enthuse Programme
with support from STEM Learning,
IET and IMechE West Sussex,
engaging 470 KS1 pupils.
These activities directly support
STEMunity’s mission to inspire young
people, promote inclusivity, and equip the
next generation with transferable skills
through STEM.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees confirm they have had full
regard to the Charity Commission’s
guidance on public benefit when planning
and delivering the charity’s activities. All
initiatives are designed to advance
education, promote equity of access, and
provide meaningful opportunities for young
people.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 STEMunity operates as a grant-making
organisation through the Big Bang at
Schools Programme, where small grants
are allocated directly to schools. This model
allows schools to design and deliver STEM
activities tailored to their local context and
student needs, while ensuring all funded
activity aligns with STEMunity’s charitable
purpose of advancing STEM education and
maximising public benefit.
Policy on social investment
including program related
investment
Para 1.38 STEMunity does not currently engage in
social investment or programme-related
investment. Resources are prioritised to
deliver programmes with direct educational
impact. Any future opportunities for social
investment will be assessed against the
charity’s objectives, sustainability, and
public benefit responsibilities.
Contribution made by
volunteers
Para 1.38 Volunteers remain essential to STEMunity’s
delivery model. In 2024/25, STEM
Ambassadors, industry professionals, and
community mentors:
● Delivered workshops, mentoring
and activity sessions across
programmes includingBigBangat
Schools, 5PARK, Land, Sea and Air,
and Energy Quest.
● Shared expertise and acted as real-
world role models, broadening
student awareness of STEM careers.
● Provided logistical and planning
support for large-scale events,
reducing operational costs and
maximising the impact of grant
funding.
Volunteer contributions enabled
STEMunity to reach over 10,000 young
people this year, inspiring students and
extendingthe scale andqualityof delivery.
Other Other
In addition, STEMunity remains committed
to:
● Expanding access to STEM
education for underrepresented
groups, including SEND learners and
those from disadvantaged
backgrounds.
● Developing partnerships with UK
and international organisations to
scale innovative STEM learning.
Building a sustainable funding base through
diversified income streams, ensuring long-
termprogramme impact.

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 Impact on Beneficiaries
In 2024/25, STEMunity delivered a wide
range of impactful programmes, engaging
over 18,000 young people across more
than 100 schools in five UK regions. This
represents a step change from 2023/24,
when we reached around 4,000 students,
reflecting both significant growth and
deeper impact. Our programmes created
hands-on, inclusive opportunities that
fostered creativity, problem-solving, and
curiosity about STEM careers.
Key examples include:
5PARK Programme– delivering
engineeringand sustainability

challenges through learning boxes and community events, with takehome resources to extend family learning. ● Big Bang at Schools – in partnership with Engineering UK, supported schools across five UK regions to design and deliver bespoke STEM days, engaging 15,000+ students . ● Energy Quest – delivered to 1,170 students in London and the South East, with pilots in SEND and hospital schools, demonstrating adaptability to diverse contexts. ● Land, Sea and Air – a Portsmouthbased project combining three strands: a large STEM activity day, a STEAM heritage project with the Watercress Line, and drone technology sessions. ● First LEGO League Discover & KS1 Science Fair – delivered with STEM Learning, the IET and IMechE West Sussex, introducing 470 KS1 pupils to hands-on STEM learning. Broader Benefits to Society STEMunity’s programmes deliver wider public benefit by: ● Promoting diversity and inclusion – actively engaging SEND learners, economically disadvantaged students, and young women. ● Embedding sustainability themes – from renewable energy in Energy Quest to environmental challenges in 5PARK. ● Building community collaboration – connecting schools with industry, universities, and volunteers to strengthen access to STEM pathways and inspire the next generation.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 Achievements against objectives set
(SORP para 1.41)
Access to STEM Education
STEMunity significantly expanded its reach
in 2024/25, engagingover 18,000 young
people across more than 100 schools in
five UK regions, compared with around
4,000 in 2023/24.
● The5PARK programmegrew in
scale and scope, delivering hands-on
challenges on sustainability, water,
and transport, with take-home
packs supporting continued family
learning.
● TheBig Bang at Schools
programme, delivered with
Engineering UK, reached15,000+
studentsacross five regions,
empowering schools to design and
lead locally relevant STEM days.
Inclusion and Community Engagement
Inclusivity was embedded across all
programmes, with targeted efforts to
engage SEND learners, young women, and
students from disadvantaged backgrounds.
Energy Questwas piloted in both a
SEND school and a hospital school,
demonstrating adaptability to
specialist contexts.
● TheLand, Sea and Air projectin
Portsmouth combined three
strands-an activity day, a STEAM
heritage project with the
Watercress Line, and a drone
enterprise strand-engaging 95
students.
● TheFirst LEGO League Discover &
KS1 Science Fair, delivered with
STEM Learning, IET, and IMechE
West Sussex, introduced 470 KS1
pupils to STEM through play and
collaboration.
Innovation and Resources
STEMunity invested in creating new
resources that extend learning and
engagement.
● Students co-producedvideo and
360° digital contentwith The
Watercress Line, embedding
creativity alongside STEM.
● The5PARK boxeswere further
developed to provide accessible
classroom and community
resources, extending reach into
homes and supporting family
engagement.
Performance of fundraising
activities against objectives
set
Para 1.41 (SORP para 1.41)
STEMunity achieved substantial growth in
fundraising performance during 2024/25,
directly enabling programme delivery and
regional expansion.
Income Growth:Total income
increased from£77,243 in 2023/24
to £187,460 in 2024/25, a rise of
142%. This growth ensured that
programmes could be scaled across
five UK regions,with additional

investment supporting new pilots and enhanced delivery models. ● Major Supporters:TGET continued as a core funder, doubling its investment in the 5PARK programme for the third consecutive year. ○ Engineering UK funding enabled the expansion of the Big Bang at Schools programme to five regions, reaching more than 15,000 students , and supported the delivery of Energy Quest , with half of the programme delivered in this financial year. ○ IET and IMechE West Sussex provided crucial backing for the First LEGO League Discover strand and the KS1 Science Fair, engaging 470 pupils in their first largescale STEM event. ● Volunteer Engagement: Volunteers and STEM Ambassadors provided vital in-kind contributions across all major programmes. Their support reduced operational costs, enhanced quality, and ensured the majority of funds raised were directed to direct student impact. This fundraising success exceeded objectives by delivering greater financial sustainability, diversifying income streams, and enabling STEMunity to engage over 18,000 young people across more than 100 schools in 2024/25. STEMunity did not engage in financial investments during 2024/25, as all available Para 1.41 resources were directed towards

Investment performance
against objectives
programme delivery and operational costs.
However, strategic investment in innovative
educational resources supported the
advancement of the charity’s objectives:
Digital and 360° Content:
Investment in student-led video
production and 360° filming projects
(e.g. with The Watercress Line as
part of_Land, Sea and Air_) created
engaging, accessible resources that
extended learning beyond live
events.
Learning Resources:Development
and expansion of the5PARK boxes
provided families and schools with
take-home activities, ensuring
continued STEM engagement
outside of workshops.
Programme Adaptation:Resources
were tailored to support delivery in
diverse settings, including SEND and
hospital schools, demonstrating
flexibility and widening
participation.
These targeted investments maximised
reach and impact, helping STEMunity to
engage more than10,000 young people
across five UK regions and internationally
during the year.
Other In addition to delivering against its primary
objectives, STEMunity achieved several
further milestones in 2024/25:
Recognition for Diversity and
Inclusion:STEMunity’s programmes
continued to demonstrate strong
impact in widening participation,
particularly for SEND learners,
young women, and students from
disadvantaged backgrounds.
New Partnerships:Collaborations
were expanded with organisations
includingEngineering UK, STEM
Learning, the IET, and IMechE West
Sussex, supporting large-scale
initiatives such as Big Bang at
Schools and First LEGO League
Discover.
Programme Innovation:Creative
delivery models were piloted in
hospital schools and SEND settings,

broadening access and demonstrating adaptability. Future Plans: ● Expand the 5PARK programme to additional regions and themes. ● Build a modest unrestricted reserve to strengthen operational flexibility and sustainability. ● Continue to prioritise equity and inclusion , ensuring programmes remain accessible to underrepresented groups. These achievements highlight STEMunity’s ability to leverage partnerships, diversify delivery models, and prepare for sustainable growth while remaining firmly aligned with its charitable mission.

Financial Review

Review of the charity’s
financial position at the end
of the period
Para 1.21 STEMunity ended the financial year on31
March 2025with a total fund balance of
£65,562, a significant increase from £8,479
in the previous year. This comprised:

£37,719 in restricted reserves,
carried forward to support ongoing
and future projects including
5PARK, Land, Sea and Air, and First
LEGO League Discover.

£27,514 in unrestricted reserves,
available to support operational
costs and provide flexibility in
addressing immediate priorities.
The charity’s total income for the year was
£187,460, up from £77,204 in 2023/24,
representing a120% year-on-year
increase. Expenditure totalled£130,706,
compared to £79,083 in the prior year,
reflecting growth in programme delivery
across five UK regions and internationally.
This strong financial position demonstrates
both significant income growth and
prudent management, ensuring resources
are available to sustain and expand the
charity’s impact in 2025/26.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 STEMunity’s reserves policy is designed to
ensure the charity maintains sufficient
funds to support programme delivery,
operational needs, and unforeseen
contingencies. At the end of the financial
year, the charity held£65,562 in total
reserves, of which£37,719 were restricted
for specific projects and£27,514 were
unrestricted.
Reserves are held to:
● Guarantee the continuity of key
projects, particularly where multi-
year or restricted funding is in
place.
● Provide a financial buffer to cover
essential operational costs in
periods where funding income may
fluctuate.
● Support investment in future
programme development and
organisational sustainability.
The trustees review the reserves policy
annuallyto ensure it remains appropriate
in line with the charity’s growth and risk
management objectives. The current level
of unrestricted reserves reflects the
trustees’ aim to build a modest reserve to
provide greater operational flexibility while
maintaining a strong focus on maximising
impact for beneficiaries.
Amount of reserves held Para 1.22 At the end of the reporting period (31
March 2025), STEMunity held total reserves
of£65,562, comprising:

£37,719 in restricted reserves,
earmarked for specific projects
including 5PARK and Land, Sea and
Air.

£27,514 in unrestricted reserves,
available to support operational
costs, provide flexibility for
immediate priorities, and
strengthen long-term sustainability.
Reasons for holding zero
reserves
Para 1.22 STEMunity has historically prioritised
maximising the immediate impact of
incoming funds rather than building large
unrestricted reserves. In 2024/25, the
charity ended the year with£27,514 in
unrestricted reserves. This represents the
first step towards establishing a modest
reserve, providing operational flexibility
while ensuring that the majority of income
continues to be directed toward
programme delivery.
Restricted reserves of£37,719remain in
place to guarantee the continuation of
specific projects, with no deficits recorded.
The trustees will continue to review
reserve levels annually to balance
sustainability with maximising impact for
beneficiaries.
Details of fund materially in
deficit
Para 1.24 The charity does not hold any funds
materially in deficit. All restricted grants
and donations have been appropriately
allocated in line with funder requirements,
and no liabilities exceed available funds. At
the end of the reporting period (31 March
2025), STEMunity held a total fund balance
of£65,562, comprising£37,719 restricted
and£27,514 unrestrictedreserves.
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 The trustees are confident in STEMunity’s
ability to continue as a going concern. At 31
March 2025, the charity held£65,562 in
total reserves, including£27,514
unrestricted, providing a stronger financial
base than in previous years.
However, the following uncertainties are
recognised:
Reliance on Grants:The charity
remains dependent on securing
new grants and contracts to fund its
programmes and core operations.
To mitigate this risk, STEMunity is
diversifying funding streams and
developing longer-term
partnerships with funders and
industry.
Operational Flexibility:Although
unrestricted reserves have grown,
they remain modest relative to the
scale of programme delivery. The
trustees are committed to
continuing to build unrestricted
reserves to improve resilience to
unplanned costs and to provide
greater flexibility in seizing new
opportunities.
The trustees consider these uncertainties
manageable within the current strategy
and confirm there are no material concerns
regarding STEMunity’s ability to operate as
a going concern.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 In 2024/25, STEMunity’s total income was
£187,460, more than double the previous
year (£77,204). Funding came from a mix of
grants, contracts, trading income, and in-
kind volunteer contributions, enabling
programme delivery across five UK regions
and internationally.
1. Grants and Contracts
o TGET (Teachers Group
Educational Trust):£87,000
to support the delivery and
growth of the 5PARK
programme.
o Engineering UK:£55,750 for
BigBangat Schools and
£16,468 for Energy Quest
across London and the South
East.
o STEM Learning:£15,000 for
targeted interventions,
including the_Land, Sea and_
_Air_project.
o IET and IMechE West
Sussex:Supported First
LEGO League Discover and
the KS1 Science Fair.
2. Donations and Trading
o Donations were minimal
during the reporting year.
o Other trading activities
generated £328.
3. Volunteers and In-kind
Contributions
o STEM Ambassadors, industry
professionals, and
community mentors
contributed time, expertise,
and logistical support. This
significantly reduced
operational costs and
maximised the proportion of
income directed to student
impact.
4. Restricted vs. Unrestricted Funding
o Restricted Funds:£102,500
allocated to specific projects
including 5PARK, Big Bang at
Schools, Energy Quest, and
Land, Sea and Air.
o Unrestricted Funds:£84,960,
supporting core costs,
governance, and
organisational sustainability.
The funding has meant that we could
operate in 5 regions for Big Bang at Schools
and a further 2 regions for Energy Quest in
addition.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 STEMunity does not currently hold
investments or engage in social investment
activities. The charity’s priority is to allocate
financial resources directly to projects and
operational needs that advance its mission
of improving access to STEM education.
If the opportunity arises to establish
investments in the future,the trustees will
adopt an investment policy guided by the
following principles:
Prudence and Responsibility
ensuring any funds are invested
securely, with a focus on preserving
capital and generating a sustainable
return.
Alignment with Objectives
ensuring all investments support the
charity’s mission, taking into
account ethical standards and social
responsibility criteria.
Social investment opportunities will be
considered where they directly contribute
to enhancing STEM education, supporting
underrepresented groups, or fostering
innovation in programme delivery.
A description of the
principal risks facing the
charity
Para 1.46 The trustees have identified a number of
key risks and put in place strategies to
mitigate them:
1. Reliance on Grant Funding
o Risk: Dependence on
securing grants for
programme delivery and
operational sustainability.
o Mitigation: Diversifying
income streams through
donor engagement,
partnerships, and exploring
unrestricted funding
opportunities.
2. Volunteer Retention
o Risk: Heavy reliance on
volunteers for programme
delivery and events.
o Mitigation: Providing
training, recognition, and
engagement opportunities to
maintain a motivated and
reliable volunteer base.
3. Economic and Financial Uncertainty
o Risk: Potential funding
challenges arising from
broader economic instability.
o Mitigation: Building modest
unrestricted reserves and
cultivating long-term
relationships with funders to
ensure financial resilience.
4. Governance and Compliance
o Risk: Ensuring trustees and
staff remain compliant with
legal and regulatory
requirements.
o Mitigation: Regular training,
monitoring of policies, and
trustee oversight.
5. Programme Scalability
o Risk: Difficulty in scaling
programmes to meet
demand while maintaining
quality.
o Mitigation: Implementing
robust project management
systems and securing
sufficient resources to
support growth.
Other Future Plans: STEMunity is committed to
expanding its reach across additional UK
regions, with a strong focus on inclusion for
SEND learners and promoting gender
equality in STEM education. Looking ahead,
we aim to develop new resources centred
on_making_and the design cycle, helping
students engage with creativity, problem-
solving, and innovation.
Community Engagement: We will
continue to prioritise partnerships with
schools, local organisations, and industry
partners to co-develop impactful
programmes that respond to community
needs. Future collaborations will include
working with themaritime industryand
exploringtown planning and sustainability
themes, ensuring our programmes remain
relevant, inspiring, and connected to real-
world challenges.

Structure, Governance and Management

Description of charity’s
trusts:
STEMunity is established as aCharitable
Incorporated Organisation(CIO).
Type of governing
document
(trust deed, royal charter)
Para 1.25 The charity is governed by itsCIO
Constitution, which sets out its charitable
objects, powers, and governance
arrangements in accordance with the
Charities Act 2011.
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 STEMunity is governed by aCharitable
Incorporated Organisation (CIO)
Constitution, which sets out the charity’s
objects, operational framework, and
governance policies. The constitution
complies with the requirements of the
Charity Commission and ensures full
alignment with charity law.
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 The selection and appointment of trustees
are conducted as outlined in the charity’s
governing document:
1. Appointment by Existing Trustees
Trustees are selected and appointed
through a majority vote of the
existing trustee board.
2. Eligibility and Skills– Prospective
trustees are evaluated on the basis
of their skills, expertise, and
commitment to advancing
STEMunity’s mission.
3. Recruitment Process
o Public advertisements or
targeted recruitment
campaigns may be used to
identify individuals with
relevant expertise in STEM
education, governance, or
fundraising.
o Shortlisted candidates
undergo an interview
process conducted by the
existing board of trustees.
4. Term of Appointment– Trustees
are appointed for an initial term,
with the possibility of
reappointment following a review of
their contribution and alignment
with the charity’sgoals.

In 2024/25, two new trustees were appointed to strengthen the board’s expertise and support future growth, bringing additional skills in educational computing and maritime engineering , further enhancing the charity’s strategic capacity.

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 STEMunity ensures that all trustees are well
equipped to fulfil their responsibilities
through a structured induction process and
ongoing training programme:
1. Induction Programme
o New trustees receive an
induction pack containing
the charity’s governing
document, key policies,
recent financial statements,
and an overview of current
programmes.
o Introductory meetings with
key staff and fellow trustees
provide insight into
operations, strategy, and
governance practices.
o Trustees are briefed on their
legal and regulatory
obligations under charity law
and Charity Commission
guidelines.
2. Ongoing Training
o Regular training sessions are
provided on topics including
safeguarding, risk
management, and
fundraising ethics.
o Trustees are encouraged to
attend external training and
sector conferences relevant
to STEM education and
charity governance, ensuring
their skills and knowledge
remain up to date.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 STEMunity operates with a streamlined
structure designed to maximise efficiency
and impact:
Trustee Board– Provides strategic
oversight, governance, and ensures
compliance with the charity’s
objectives and legal obligations.
Core Staff– Includes the Chief
Executive Officer (CEO), Chief
Operating Officer (COO), and
administrative and digital managers,
who lead day-to-day operations,
programme delivery, and
partnership management.
Volunteers– Play a vital role in
delivering programmes and events,
such as the First LEGO League and
STEMunity Science Show, while also
acting as STEM role models for
young people.
Beyond its internal team, STEMunity
collaborates with a wide network of
schools, community groups, and industry
partners-including theRoyal Academy of
Engineeringand theInstitution of
Engineering and Technology (IET)-to co-
develop and deliver impactful STEM
education initiatives. These partnerships
extend reach, enhance programme quality,
and ensure relevance to both local and
national priorities.
Relationship with any
related parties
Para 1.51 The charity maintains clear and transparent
relationships with all related parties to
ensure accountability:
Trustee and Staff Relationships
Any potential conflicts of interest
are declared and managed in line
with the charity’s conflict-of-
interest policy. For example, trustee
Graham Watfordis related to the
CEO,Laura Watford, and this
connection is openly disclosed in
both financial and governance
reports.
Funding Partners– Relationships
with funders such asTGET,South
Western Railway, and theBritish
Councilare governed by formal
agreements,ensuringthat all
partnerships align with the charity’s
mission and values.
Other Collaborations– STEMunity works
closely with educational institutions,
community organisations, industry, and
international partners to amplify impact
and broaden access to STEM learning.
These collaborations ensure programmes
remain relevant, innovative, and responsive
to community and global priorities.
Future Plans– The charity is committed
to strengthening its governance by
expanding the trustee board to include
individuals with expertise in fundraising,
digital strategy, and SEND education. This
will enhance strategic capacity, improve
operational resilience, and support the
continued growth of inclusive and
impactful STEM programmes.

Reference and Administrative details

Charityname STEMunity
Other name the charityuses
Registered charitynumber 1195614
Charity’s principal address Hive Portsmouth Sector Hub
22 Edinburgh Road
PORTSMOUTH
Hampshire
PO1 1DH

Names of the charity trustees who manage the charity

1
2
3
4
5
6
Trustee name Office (if any) Dates acted if not for whole year Name
of
perso
n (or
body)
entitl
ed to
appoi
nt
truste
e (if
any)
Andrew Harrison-
Chinn
Chair
Graham Watford
Amanda Martin
Harry Riley
Kholoud Ghanem
Paul Wilson

Corporate trustees – names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

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

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of
adviser
Name
Address
Type of
adviser
Name
Address
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)
CEO Laura Watford
COO Jorden Birch

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) Full name(s) Andrew Harrison-Chinn Position (eg Chair Secretary, Chair, etc) Date 4/11/2025

STEMunity

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Registered Charity Number 1195614

STEMunity

Statement of Financial Activities for the year ended 31st March 2025

Incoming Resources
Note
Income
Donations
Grants
2
Income from Charitable Activites
Other Trading Activities
Total Incoming Resources
Resources Expended
Raising Funds
Charitable Activities
3
Other
4
Total Resources Expended
Net Income / Expenditure
Funds Brought Forward
Funds Carried Forward
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
-
-
-
-
102,500
102,500
84,960
-
84,960
328
-
328
84,960
102,500
187,788
-
-
-
53,698
70,384
124,081
6,625
-
6,625
60,322
70,384
130,706
24,638
32,116
57,082
2,876
5,603
8,479
27,514
37,719
65,561
23/24
39
77,204
-
-
77,243
45
74,627
4,411
79,083
1,840
-
10,319
8,479

1

STEMunity

Balance Sheet for the year ending 31 March 2025

Note
Fixed Assets
Tangible Fixed Assets
Current Assets
Debtors
Accrued Income
5
Prepayments
Cash at Bank & in Hand
Current Liabilities
6
Creditors
Accruals
Total Current Assets / Liabilities
Total Net Assets / Liabilities
2024/25
-
-
-
24,484
-
58,959
83,443
5,000
12,883
17,883
65,560
65,560
2023/24
-
-
-
-
-
25,798
25,798
8,497
8,822
17,319
8,479
8,479

2

STEMunity

Notes to the Accounts for the year ending 31st March 2025

1. Accounting Policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The Charity is a Charitable Incorporated Organisation

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income received in advance of the provision of specified services it is deferred until the criteria for income recognition is met.

Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

Fund Accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for a particular purpose / area of the charity's work or for specific projects.

The Charity received 3 grants during the accounting period which are classed as restricted funds and were awarded for specific STEM projects. One of the grants was fully spent at the end of the accounting period and there are plans in place to spend the reserves held in respect of the other project during the next financial year.

Expenditure and Irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

3

Tangible Fixed Assets

No fixed assets are held by the Charity at the current time.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Trustees Remuneration

None of the Trustees received any remuneration or benefit from the charity during the year and no expenses were reimbursed.

Related Party Transactions

Remuneration of £17412 was made to related parties during the year as follows:

Laura Watford - CEO £17412 (related to Graham Watford - Trustee) for consultancy/time spent on charitable projects.

Employee Costs and Benefits

The charity employed 2 staff during the accounting period. Remuneration was paid as follows: Laura Watford - CEO £17412

Jorden Birch - COO £17412

Remuneration was not in excess of 25% of the income for the period. No other benefits were received by staff during the accounting period. No employee received benefits in excess of £60,000.

2. Income

Donations
Grants
Income from Charitable Activities
Other Trading Activities
Grants and Other Income
TGET - 5PARK
Engineering UK - Big Bang in Schools
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
-
-
-
-
102,500
102,500
84,960
-
84,960
328
-
328
85,288
102,500
187,788
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
-
87,000
87,000
-
-
-
2024/25
2023/24
Total 23/24
39
77,204
-
-
77,243
Total 23/24
35,000
5,183

4

British Council - Jamaica Project
First Lego League
STEM Learning
South Western Railway
CAF
ERA
Royal Academy of Engineering
Big Bang Education
Other Donations
Income From Charitable Activities
Engineering UK - Big Bang in Schools
Engineering UK - Energy Quest
British Council - Jamaica Project
-
-
-
-
500
500
-
15,000
15,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
102,500
102,500
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
55,750
-
55,750
16,468
-
16,468
12,742
-
12,742
84,960
-
84,960
14,554
-
10,000
1,500
5,000
2,200
2,568
1,200
77,204
Total 23/24
-
-
-
-

3. Expenditure on Charitable Activities

STEM Jamaica Project
STEM Learning - Targetted Intervention
5PARK Project
Mixed Reality Project
Lego League
Energy Quest
STEM Learning - Land, Air, Sea
Big Bang in Schools
Other events and workshops
Employee Time / Expenses
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
4,438
-
4,438
2,630
2,630
-
61,271
61,271
-
-
-
-
26
26
4,447
-
4,447
-
6,077
6,077
42,992
-
42,992
1,821
379
2,200
-
-
-
53,698
70,384
124,081
Total 23/24
14,037
-
53,321
225
795
-
-
5,750
500
-
74,627

4. Other Expenditure

Insurance Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
Total 23/24
803
-
803
1,218
Consultancy 1,450
-
1,450
-
Core Costs 1,772
-
1,772
-
Website and IT Costs 1,093
-
1,093
1,675
Transport -
-
-
480
Bank Charges 71
-
71
-
Printing & Stationary 1,057
-
1,057
-
Accountancy 378
-
378
462
Misc -
-
-
575

5

6,625 3,836

5. Accrued Income

Engineering UK - Big Bang
Engineering UK - Energy Quest
6. Creditors and Accruals
Creditors - Big Bang at Schools 2025
Employee Costs
Accountancy
Independent Examination
7. Analysis of Charitable Funds
Restricted Funds
5PARK Project
Lego League
STEM Learning Targeted
Unrestricted Funds
General
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
Total 23/24
16,250
-
16,250
-
8,234
-
8,234
-
24,484
-
24,484
-
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
Total 23/24
5,000
-
5,000
-
2,325
10,200
12,525
16,994
153
-
153
135
205
-
205
190
7,683
10,200
17,883
17,319
At 31 March
Incoming
Resources
Transfers
At 31 March
2024
Resources
Expended
2025
5,698
87,000
61,271
-
31,427
95
-
500
405
-
-
-
15,000
8,707
-
6,293
5,603
102,500
70,383
-
37,720
At 31 March
Incoming
Resources
Transfers
At 31 March
2024
Resources
Expended
2025
2,876
85,288
60,322
-
27,842
2,876
85,288
60,322
-
27,842

6

STEMunity Detailed Statement of Financial Activities

1 April 2024 to 31 March 2025

INCOME
Donations
Grants
Income from Charitable Activities
Other Trading Activities
EXPENSES
Mixed Reality Project
5PARK Project
British Council Jamaica Project
Lego League - IMechE
RSC Chemistry Lectures
Big Bang in Schools
Energy Quest
STEM Learning - Land, Air, Sea
STEM Targetted Intervention
Other Charitable Events & Workshops
Marketing and Publicity
Insurance
Website and IT Maintenance
Transport
Bank Charges
Consultancy
Printing and Stationary
Accountancy
Miscellaneous Expenses (core costs)
Net Income
Unrestricted
Restricted
TOTAL
Funds
Funds
2025
-
-
-
-
102,500
102,500
84,960
-
84,960
328
-
328
85,288
102,500
187,788
-
-
-
-
-
61,271
61,271
4,438
-
4,438
-
26
26
-
-
-
42,992
-
42,992
4,447
-
4,447
-
6,077
6,077
-
2,630
2,630
1,821
379
2,200
-
-
-
803
-
803
1,093
-
1,093
-
-
-
71
-
71
1,450
-
1,450
1,057
-
1,057
378
-
378
1,787
-
1,787
60,337
70,383
130,720
24,951
32,117
57,068
TOTAL
2024
39
77,204
-
-
77,242
225
53,321
14,037
795
500
5,750
-
-
-
575
44
1,218
1,676
480
-
-
-
462
-
79,083
1,840
-

7

Independent Examiner's Report to the Trustees

I report to the trustees on my examination of the accounts of STEMunity for the year ended 31st March 2025, which are set out on pages 1-7.

Responsibilities and basis of the report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connenction with the examination which gives me cause to believe that in, any material respect:

a) accounting records were not kept in accordance with section 130 of the Act or b) the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Nicole Gray NG Community Accounting Services Jubilee House Lincoln Road Doddington Lincoln LN6 4RS

9th August 2025

STEMunity

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Registered Charity Number 1195614

STEMunity

Statement of Financial Activities for the year ended 31st March 2025

Incoming Resources
Note
Income
Donations
Grants
2
Income from Charitable Activites
Other Trading Activities
Total Incoming Resources
Resources Expended
Raising Funds
Charitable Activities
3
Other
4
Total Resources Expended
Net Income / Expenditure
Funds Brought Forward
Funds Carried Forward
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
-
-
-
-
102,500
102,500
84,960
-
84,960
328
-
328
84,960
102,500
187,788
-
-
-
53,698
70,384
124,081
6,625
-
6,625
60,322
70,384
130,706
24,638
32,116
57,082
2,876
5,603
8,479
27,514
37,719
65,561
23/24
39
77,204
-
-
77,243
45
74,627
4,411
79,083
1,840
-
10,319
8,479

1

STEMunity

Balance Sheet for the year ending 31 March 2025

Note
Fixed Assets
Tangible Fixed Assets
Current Assets
Debtors
Accrued Income
5
Prepayments
Cash at Bank & in Hand
Current Liabilities
6
Creditors
Accruals
Total Current Assets / Liabilities
Total Net Assets / Liabilities
2024/25
-
-
-
24,484
-
58,959
83,443
5,000
12,883
17,883
65,560
65,560
2023/24
-
-
-
-
-
25,798
25,798
8,497
8,822
17,319
8,479
8,479

2

STEMunity

Notes to the Accounts for the year ending 31st March 2025

1. Accounting Policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The Charity is a Charitable Incorporated Organisation

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income received in advance of the provision of specified services it is deferred until the criteria for income recognition is met.

Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

Fund Accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for a particular purpose / area of the charity's work or for specific projects.

The Charity received 3 grants during the accounting period which are classed as restricted funds and were awarded for specific STEM projects. One of the grants was fully spent at the end of the accounting period and there are plans in place to spend the reserves held in respect of the other project during the next financial year.

Expenditure and Irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

3

Tangible Fixed Assets

No fixed assets are held by the Charity at the current time.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Trustees Remuneration

None of the Trustees received any remuneration or benefit from the charity during the year and no expenses were reimbursed.

Related Party Transactions

Remuneration of £17412 was made to related parties during the year as follows:

Laura Watford - CEO £17412 (related to Graham Watford - Trustee) for consultancy/time spent on charitable projects.

Employee Costs and Benefits

The charity employed 2 staff during the accounting period. Remuneration was paid as follows: Laura Watford - CEO £17412

Jorden Birch - COO £17412

Remuneration was not in excess of 25% of the income for the period. No other benefits were received by staff during the accounting period. No employee received benefits in excess of £60,000.

2. Income

Donations
Grants
Income from Charitable Activities
Other Trading Activities
Grants and Other Income
TGET - 5PARK
Engineering UK - Big Bang in Schools
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
-
-
-
-
102,500
102,500
84,960
-
84,960
328
-
328
85,288
102,500
187,788
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
-
87,000
87,000
-
-
-
2024/25
2023/24
Total 23/24
39
77,204
-
-
77,243
Total 23/24
35,000
5,183

4

British Council - Jamaica Project
First Lego League
STEM Learning
South Western Railway
CAF
ERA
Royal Academy of Engineering
Big Bang Education
Other Donations
Income From Charitable Activities
Engineering UK - Big Bang in Schools
Engineering UK - Energy Quest
British Council - Jamaica Project
-
-
-
-
500
500
-
15,000
15,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
102,500
102,500
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
55,750
-
55,750
16,468
-
16,468
12,742
-
12,742
84,960
-
84,960
14,554
-
10,000
1,500
5,000
2,200
2,568
1,200
77,204
Total 23/24
-
-
-
-

3. Expenditure on Charitable Activities

STEM Jamaica Project
STEM Learning - Targetted Intervention
5PARK Project
Mixed Reality Project
Lego League
Energy Quest
STEM Learning - Land, Air, Sea
Big Bang in Schools
Other events and workshops
Employee Time / Expenses
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
4,438
-
4,438
2,630
2,630
-
61,271
61,271
-
-
-
-
26
26
4,447
-
4,447
-
6,077
6,077
42,992
-
42,992
1,821
379
2,200
-
-
-
53,698
70,384
124,081
Total 23/24
14,037
-
53,321
225
795
-
-
5,750
500
-
74,627

4. Other Expenditure

Insurance Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
Total 23/24
803
-
803
1,218
Consultancy 1,450
-
1,450
-
Core Costs 1,772
-
1,772
-
Website and IT Costs 1,093
-
1,093
1,675
Transport -
-
-
480
Bank Charges 71
-
71
-
Printing & Stationary 1,057
-
1,057
-
Accountancy 378
-
378
462
Misc -
-
-
575

5

6,625 3,836

5. Accrued Income

Engineering UK - Big Bang
Engineering UK - Energy Quest
6. Creditors and Accruals
Creditors - Big Bang at Schools 2025
Employee Costs
Accountancy
Independent Examination
7. Analysis of Charitable Funds
Restricted Funds
5PARK Project
Lego League
STEM Learning Targeted
Unrestricted Funds
General
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
Total 23/24
16,250
-
16,250
-
8,234
-
8,234
-
24,484
-
24,484
-
Unrestricted
Funds
Restricted &
Endowment
Funds
Total 24/25
Total 23/24
5,000
-
5,000
-
2,325
10,200
12,525
16,994
153
-
153
135
205
-
205
190
7,683
10,200
17,883
17,319
At 31 March
Incoming
Resources
Transfers
At 31 March
2024
Resources
Expended
2025
5,698
87,000
61,271
-
31,427
95
-
500
405
-
-
-
15,000
8,707
-
6,293
5,603
102,500
70,383
-
37,720
At 31 March
Incoming
Resources
Transfers
At 31 March
2024
Resources
Expended
2025
2,876
85,288
60,322
-
27,842
2,876
85,288
60,322
-
27,842

6

STEMunity Detailed Statement of Financial Activities

1 April 2024 to 31 March 2025

INCOME
Donations
Grants
Income from Charitable Activities
Other Trading Activities
EXPENSES
Mixed Reality Project
5PARK Project
British Council Jamaica Project
Lego League - IMechE
RSC Chemistry Lectures
Big Bang in Schools
Energy Quest
STEM Learning - Land, Air, Sea
STEM Targetted Intervention
Other Charitable Events & Workshops
Marketing and Publicity
Insurance
Website and IT Maintenance
Transport
Bank Charges
Consultancy
Printing and Stationary
Accountancy
Miscellaneous Expenses (core costs)
Net Income
Unrestricted
Restricted
TOTAL
Funds
Funds
2025
-
-
-
-
102,500
102,500
84,960
-
84,960
328
-
328
85,288
102,500
187,788
-
-
-
-
-
61,271
61,271
4,438
-
4,438
-
26
26
-
-
-
42,992
-
42,992
4,447
-
4,447
-
6,077
6,077
-
2,630
2,630
1,821
379
2,200
-
-
-
803
-
803
1,093
-
1,093
-
-
-
71
-
71
1,450
-
1,450
1,057
-
1,057
378
-
378
1,787
-
1,787
60,337
70,383
130,720
24,951
32,117
57,068
TOTAL
2024
39
77,204
-
-
77,242
225
53,321
14,037
795
500
5,750
-
-
-
575
44
1,218
1,676
480
-
-
-
462
-
79,083
1,840
-

7

Independent Examiner's Report to the Trustees

I report to the trustees on my examination of the accounts of STEMunity for the year ended 31st March 2025, which are set out on pages 1-7.

Responsibilities and basis of the report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connenction with the examination which gives me cause to believe that in, any material respect:

a) accounting records were not kept in accordance with section 130 of the Act or b) the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Nicole Gray NG Community Accounting Services Jubilee House Lincoln Road Doddington Lincoln LN6 4RS

9th August 2025