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2024-12-31-accounts

Trustees’ 2024 (April to December) Annual Report

Charity Registration No.: 1203808 For the Period 6[th] April 2024 to 31[st] December 2024

Statement from the Trustees

We are pleased to present our annual report, covering the period from April to December 2024.

term sponsors and allies. We have been working with our CIO members IMechE and IFE to continue with our strong partnerships here.

This year we have been pushing forwards, from first registering as a charity in 2023 to holding our first AGM in August 2024. Our work this year has been focused on ensuring that we are able to continue our aims, whilst raising sufficient support to continue to operate independently.

This report covers the period between April and December 2024, a shorter period, so that the financial calendar can be aligned to suit our activities and fundraising timings. The new financial year arrangement will support our goals in future years and reduce administration complications.

True to our mission, we have been focused on working to close the gender gap in engineering industries, by showcasing the accomplishments of female engineers and promoting engineering to students. All of our work takes place in a context of raising awareness around issues relating to Diversity, Equity & Inclusion (DE&I), and we seek to support and collaborate with organisations and individuals who share our values.

As in previous years, our main outward facing activities culminated in celebrations for International Women in Engineering Day in June, with a magnificent celebration at BAFTA in London. At this event we were able to present our history as an organisation and look to the future, with the challenges and rewards that comes with that. We had an excellent turn out, bringing out the engineers from “behind the scenes” to be celebrated.

We also worked this year to further our commitment to STEM outreach, in hosting our annual INWED event attending and laying a foundation for future events and activities, including partnerships with universities for events upcoming in 2025.

2024 has been a strong year for SheCanEngineer, and we are proud of the work we are presenting in this report. We plan to continue with this work and are excited to see the impact we able to provide in the coming years.

~Frances Radford, Chair of Trustees

This year, we built on our previous successes and sought to cement partnerships with our long-

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Statement from the Committee Co-chair

SheCanEngineer has been going from strength to strength, and I am proud of what we have achieved in this period. At our core, we have remained dedicated to improving diversity, equity and inclusion in the engineering sector.

volunteers, who give us their time and energy and passion to deliver all the SheCanEngineer activities. Our volunteers continue to inspire us everyday and we are eternally grateful to them.

We did fit a lot in this year, perhaps being honest, too much. We decided to take a step back and redefine and streamline our commitments, to be able to deliver all of our activities to a high quality and standard, without compromising our volunteers’ mental and physical health. The next year will be focussed on delivering and boosting our message in a sustainable way.

We have focussed on building partnerships with external collaborators and academic institutions, supporting them and helping them with their ED&I initiatives. We are proud to be chosen as official charity partners for initiatives championing and celebrating collaboration and innovation.

We would not have been able to do any of this without the unwavering dedication of our

~Laura Hoang, Co-chair of Committee

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The SheCanEngineer Vision: Gender Parity in Engineering

2021 2022 2023 2024 10.5% 16.5% 15.7% 16.9%

*Statistics from EngineeringUK Women In Engineering & Technology May 2025 Update Report: female representation in engineering.

Organisational Values

I

Inclusion

C Connection

An accessible initiative that is open-to-all. Bringing all genders to the table, and showcasing intersectionality.

A network of collaborators, professional engineering institutions, academic institutions, corporations, volunteers and the public.

E Engagement

A Advancement

Expanding the stakeholders in engineering. From corporations (engineers, management, leadership), to schools (students, teachers, parents), and universities (students, staff).

Extending the narrative of the business case for diversity in engineering from one of “the right thing to do” to one of profitability and innovation.

Charitable Objects

▪ The promotion of equality and diversity for the public benefit by providing initiatives designed to address the underrepresentation of women in the engineering industry. ▪ The advancement of education across the UK in the subject of engineering.

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SheCanEngineer Overview of Activities

Activities in furtherance to the Charitable Objects and Values

DE&I Conversations

Celebration Events

Unique Approach

Utilising, evaluating and articulating the lived-experience of engineers within the SheCanEngineer committee.

A

Raise Awareness

Public & private events designed to engage guests around inspiring themes, often guided by the Women’s Engineering Society.

Male Presence

Representation of “majority” groups – as guests and contributors; promoting allyship and engagement.

DE&I Presentations & Workshops

Curating and delivering interactive content tailored to the audience – engineers, managers, leadership, HR.

I C E A

E A

Networking

Opportunities for guests and contributors to connect.

I E

Accessible

Free to attend and open to all.

University Events Opportunities for undergraduates to engage with engineers in industry.

I C E A

C

STEM Outreach

I

Conference Exhibitions

Increasing public engagement/exposure.

C A

Press

Strategic partnerships with publications, conference organisers and institutions; sharing content, and increasing exposure of the charity.

E

Unique Approach

Free-of-charge STEM activities that focus on the Engineering education and showcasing women’s roles in the field.

A

Raise Awareness Live Promoting the range Events of engineering In-person disciplines and team careers, technical workshops, skills, and softer skills debates – among school and speedstudents, teachers networking. and parents.

E I C E

Podcasts

A series of conversations with engineers, DE&I experts and collaborators.

E

Social Media

A consistent presence and following on LinkedIn and Instagram platforms.

C E

Competitions

Webinars

Webinars Competitions Exhibitions Live-streams and An effective Collaborations retrospective approach to deepen with other recordings of engagement among initiatives, female-led panel participants, and broadening the debates on widen the reach. connections. engineering topics.

I E A

E

C E

I

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SheCanEngineer Introduction

This is an intermediary report, required to accommodate an update to the charity’s financial period (January to December), to better align the sponsorship cycle with the expense cycle.

The previous report presented performance up to 31[st] August 2024. This report presents the Statement of Accounts for the period 6[th] April to 31[st] December 2024 (as required by the Charity Commission), and activity updates between 31[st] August 2024 and 31[st] December 2024.

The Impact Report has been updated to reflect 2024 statistics for the full calendar year, and descriptions around SheCanEngineer’s new activities have been provided.

Achievements & Performance

SheCanEngineer has continued to meet the charity’s obligations to public benefit and partners, through continued impactful delivery.

The CIO’s activities are still run entirely by volunteers, who dedicate their spare time to the charity’s work. Since the INWED celebrations, there have been 10 new volunteers.

Since the presentation of the last Annual Report, the charity has continued to gain exposure through conference exhibitions, presentations, articles, interviews; and has broken into the university space through its first official collaboration aimed at Engineering undergraduates.

The charity will start 2025 with 24 Sponsors (22 corporations and 2 Engineering Institutions), its first Platinum sponsor, and £9,285 in reserves.

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SheCanEngineer New Activities

University Event

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Combined Male
Female
67.8% 70.8%
56.7%
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Statistics from EngineeringUK: % of 2020/2021 engineering graduates working in core/related engineering & technology occupations. Females made up 21.7%of the surveyed graduates.

Statistics from EngineeringUK reflect a known issue in Engineer industries - the drop-off between those who graduate with engineering degrees and those who enter engineering or technology roles within 12 months of graduating. The surprising element of these statistics is that the drop-off rate is substantially worse for women. SheCanEngineer aimed to address this disparity in November 2024 by putting on their first event specifically targeting engineering university students.

The Ask Us Anything! evening was hosted for for the students of Imperial, in collaboration with the Women in SET and Design Engineering Societies. The event gave Engineering Undergraduates the opportunity to address their apprehensions and questions to a panel of successful females in Engineering at different stages of their careers and from different backgrounds, promoting insightful honest conversation.

SheCanEngineer aimed to provide students with:

The networking portion of the evening offered a chance for the students to interact and connect with SheCanEngineer volunteers and the panelists, over food and drinks.

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SheCanEngineer 2024 Impact Report

Nearly 30 30+ volunteers; partnership including 5 trustees, statements signed 8 associate members

Data has been presented for the SheCanEngineer calendar: 1[st] January to 31[st] December 2024.

Celebratory Events

2 celebratory events targeted & delivered; doubling previous years’ output

108 175 7 university attendees at attendees at students Charity Launch INWED Event in Targeted 100 Targeted 140 attendance at INWED

21% male attendance at Charity Launch 27% male attendance at INWED Targeting 25-35% of guests & contributors

40 people 84% turnout rate at Charity Launch attending INWED 81% turnout rate at INWED on behalf of 13 Targeting >75% of # registered Sponsors

Digital Media

2233 unique 951 new LinkedIn followers website views 133 podcast 1887 LinkedIn, 2115 plays Instagram followers 193 new website 68% (f) / 32% (m) subscriptions gender split on Instagram 19 attendees at INWED who heard about the event through the Social Media campaign

STEM Outreach

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1 STEM event targeted & delivered
79 5 engineering
disciplines
students at INWED
showcased at INWED
STEM STEM debate
Targeted 100
5 Engineering
37 students wanting Institutions exhibiting
to work in engineering
94% (f) / 6% (m)
gender split
60+ students reached
through STEMAZING
61 views of
Inspiration Academy
collaboration webinar
An effective awareness campaign
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Partnerships
2 PEI 3 Official
24 Sponsors
Members Collaborators
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External Collaborations

Workshops

Representation at 5 webinars, interviews & podcasts hosted by external collaborators

1 university 4 conference event exhibitions

7 workshops, presentations or roundtables delivered for 1 PEI, 2 corporations & 4 conferences ~58% male attendance at workshops, presentations & roundtables Targeting 40-60% of attendees

6 articles published by external collaborators

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Policy Updates

The charity’s policies can be provided on request.

Policies/Guidelines

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Structure & Management Updates

In order to better entrust the day-to-day activities of SheCanEngineer to the volunteering committee, the trustees have aimed to divorce the roles of trustees and the roles of volunteers. Trustees as individuals can still take on roles within the volunteering committee,.

The intention is for trustees to define the vision, objects and values of the charity, and set the financial budget. The volunteering committee is to implement this vision by defining the strategy, prioritising activities, and managing the budget.

Full details of the roles, responsibilities and governance can be found in the SheCanEngineer Rules & Guidelines Document, available upon request.

Volunteer Roles

The associated organogram can be found in the Appendix of this report.

The following committee roles will need to be established at SheCanEngineer meetings and will be voted on by simple majority.

Trustee Roles

All trustees of SheCanEngineer are expected to be Ambassadors for the charity, and to develop partnerships with sponsors and collaborators.

The five roles identified for the trustees are:

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2024 (Apr-Dec) Financial Review

Data has been presented for the shorter financial year in accordance with the Charity Commission’s requirements: 6[th] April 2024 to 31[st] December 2024. The appendix includes the Accounts for the same period.

The Trustees keep income and expenditure under close review. SheCanEngineer operated within its income for the year up to December 2024, and they expect to do so for 2025.

SheCanEngineer has no employees and is completely run by unpaid volunteers, who can claim back some of their expenses in accordance with a strict Expense Policy.

The charity registered a total income for the analysed period of £23,349.09 , largely driven by corporate sponsorship. This figure does not take into consideration the sponsorship raised prior to April 2024, nor deferred incomes from multi-year deals. As a result, the expenses outlined below exceed the income presented above.

Total expenses in the analysed period amounted to £37,495.41 , with the largest expenditures being the Celebratory Events (£24,007.05) followed by STEM outreach (£11,099.58). Running costs were again kept very low (£332.27).

Reserves and Reserve Policy

The Reserve Policy is to keep building up reserves over the next five years, to reach around 80% of the expected running yearly costs in a best case scenario. The aim is still to add a value equal to approximately 15% of the income to Reserves, every year. Current reserves sit at £9,285.58. The trustees consider this number aligned with the overall financial plan.

Restricted and Unrestricted Funds

The charity currently does not hold any restricted funds, and currently does not plan to maintain any.

Cost centres have been created to allow for better tracking of ongoing expenses; furthermore, the charity is aiming at improving the quality and transparency of the budgeting process.

Guaranteed Income

Two sponsors have already paid for their 20252026 packages, and these have therefore been accounted for as a deferred income amounting to £13,700.

Going Concern

The trustees considered all available information as presented, and are satisfied with the financial performance of SheCanEngineer.

The sponsorship income, weighted for the shorter year, remained stable and in line with the most likely scenario as outlined in last year’s report. Focus remains on building up Reserves in line with the financial policy, while ensuring that a similar standard of events and overall deliverables can be guaranteed.

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2025 Financial Forecast

Treasury

Funding & Budget

SheCanEngineer is driven entirely by the funds raised through sponsorship, membership and donation. As the Charity grows in recognition, the trustees understand the need to ensure a stable income to the charity, in order to maintain a consistent offering to stakeholders.

The annual highlights continue to be the INWED-related events, which carry the largest expenses in the year. The trustees expect the funding model to remain broadly unchanged, with corporate sponsors being the main source of income for the future. Comparatively limited uptake for institutional membership has also been observed.

Cost Centres

SheCanEngineer’s Treasury department has revised the definition of the charity’s cost centres, to better represent the elements of expenditure. Each cost centre is assigned a Budget Lead, who has visibility over the planned activities and expected costs. The Treasury team has assigned appropriate budgets and hosts regular meetings with the Budget Leads, during which budgetary updates may be made.

Savings Accounts for Reserves

In 2025, the Treasury department will research appropriate low-risk savings accounts, in order to best utilise the funds in Reserves.

VAT Registration

The CIO is still targeting reserves amounting to 80% of typical annual expenditure, as per last year’s Annual Report.

The trustees are aware that as more and more sponsorship is raised, including deferred incomes, the chance of reaching the VAT-registration threshold within a 12-month period increases. This will be addressed should it be required.

The trustees also recognise the significant headwinds that are currently experienced by DE&I initiatives. The sponsorship strategy for 2025 is therefore to secure upgrades and multi-year deals for corporate sponsors.


multi-year deals for corporate sponsors.
Worst Case Most likely Case Best Case
Carryover as of 31/12/2024 9,000 9,000 9,000
Income 25,000 40,000 50,000
CC01 - Celebratory Events - INWED (14,000) (15,500) (16,500)
CC01 - Celebratory Events - Other (3,100) (3,700) (4,000)
CC02 - STEM Outreach (8,000) (10,500) (11,000)
CC03 - Marketing and External Comms (1,300) (1,550) (1,700)
CC04 - Digital Media (600) (750) (800)
CC05 - Running Costs (1,500) (1,500) (2,000)
Total Reserves 5,500
15,500 23,000
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SheCanEngineer’s Sponsors

Thank you to our 2024 Sponsors!

GOLD

SILVER

BRONZE

INSTITUTION

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SheCanEngineer’s Partners

Thank you to our Members & Collaborators!

INSTITUTION MEMBERS

COLLABORATORS

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Appendix: SheCanEngineer Committee Organogram Podcast Team W•bstt• Team GrapNci Team Soclal Mtdl&T•am A••l•t•nl Trga•ur•r Podcut I Lead Wob•tt• Grphl¢ Design L¢•d Soc Med team Treasurer (fvu$teel Dlglw Medl• Intein Communlcthtlong Co4halrs LduiAIIIUII External CommUni￿10n$ Tru•• on C•l•br•tory Ev•nlJ T•am T￿M M•r¢h*ndl•• and Workshops lTru•t••l Collaborator Manager Llnlvetsty Partnershlp Manager Spontorl Member AGcount Conlertnees and Workshops Te•rn 15

Appendix: Accounts

Balance Sheet

Shown at 31.12.24

31-Dec-2024
Intangible assets 0.00
Tangible assets 0.00
Heritage assets 0.00
Investments 0.00
TOTAL FIXED ASSETS 0.00
Stocks 0.00
Debtors 0.00
Investments 0.00
Cash at bank and in hand 22985.58
TOTAL CURRENT ASSETS 22985.58
Creditors (< 1 year) 0.00
NET CURRENT ASSETS 22985.58
TOTAL ASSETS LESS LIABILITIES 22985.58
Creditors (> 1 year) 0.00
Provisions for liabilities 13700.00
TOTAL NET ASSETS 9285.58
Of which:
Endowment funds 0.00
Restricted income funds 0.00
Unrestricted funds 9285.58
Revaluation reserve 0.00
TOTAL FUNDS 9285.58

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Appendix: Accounts

Income Statement

Shown at 31.12.24 using the Accrual Method.

31-Dec-2024
Assets frompreviousperiod to 05/04/2024 23431.90
Sponsorships 22848.12
Memberships 500.00
Donations 0.97
NET INCOME 23349.09
CC01 - CelebratoryEvents 24007.05
CC02 - STEM Outreach 11099.58
CC03 - Marketingand External Comms 1416.34
CC04 - Digital Media 640.17
CC05 - RunningCosts 332.27
TOTAL EXPENSES 37495.41
TOTAL ASSETS 9285.58

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Declaration of the Trustees

The trustees declare that they have approved the trustees’ report.

Frances Radford, Chair 11.07.2025

Maira Bana, Secretary 11.07.2025

Martina Capecchi, Treasurer 11.07.2025

Roshni Wijesekera, Ordinary Member 11.07.2025

Laura Hoang, Ordinary Member 11.07.2025

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shecanengineer.com