SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13d-2(b)




                               Simtek Corporation
--------------------------------------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    829204106
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                                 (CUSIP Number)



CUSIP No. 829204106                   13G                      Page 2 of 5 Pages


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1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     BFS US Special Opportunities Trust PLC                                 None

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2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [_]

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3.   SEC USE ONLY



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4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     United Kingdom

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  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           3,205,128
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          None
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         3,205,128
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            None
--------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     3,205,128

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10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [ ]

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11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.59%

--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*

     IV

--------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!




CUSIP No. 829204106                   13G                      Page 3 of 5 Pages



Item 1(a).  Name of Issuer:

            Simtek Corporation                                       ("Company")

            --------------------------------------------------------------------

Item 1(b).  Address of Issuer's Principal Executive Offices:

            4250 Buckingham Drive, #100
            Colorado Springs, CO  80907

            --------------------------------------------------------------------

Item 2(a).  Name of Person Filing:

            BFS US Special Opportunities Trust PLC                     ("Filer")

            --------------------------------------------------------------------

Item 2(b).  Address of Principal Business Office, or if None, Residence:

            8080 N. Central Expressway, Suite 210, LB-59
            Dallas, TX  75206

            --------------------------------------------------------------------

Item 2(c).  Citizenship:

            United Kingdom

            --------------------------------------------------------------------

Item 2(d).  Title of Class of Securities:

            Common Stock

            --------------------------------------------------------------------

Item 2(e).  CUSIP Number:

            None

            --------------------------------------------------------------------

Item        3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
            or (c), Check Whether the Person Filing is a:

     (a)  [_]  Broker or dealer registered under Section 15 of the Exchange Act.

     (b)  [_]  Bank as defined in Section 3(a)(6) of the Exchange Act.

     (c)  [_]  Insurance  company as defined in Section 3(a)(19) of the Exchange
               Act.

     (d)  [_]  Investment company registered under  Section 8 of the  Investment
               Company Act.

     (e)  [_]  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

     (f)  [_]  An employee  benefit plan or endowment  fund in  accordance  with
               Rule 13d-1(b)(1)(ii)(F);

     (g)  [_]  A parent  holding  company or control  person in accordance  with
               Rule 13d-1(b)(1)(ii)(G);

     (h)  [_]  A savings  association  as defined in Section 3(b) of the Federal
               Deposit Insurance Act;

     (i)  [_]  A church  plan  that  is  excluded  from  the  definition  of  an
               investment  company  under  Section 3(c)(14)  of  the  Investment
               Company Act;

     (j)  [_]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).





CUSIP No. 829204106                   13G                      Page 4 of 5 Pages


Item 4.  Ownership.

     (a)  Amount beneficially owned:

               On  June  28,  2002,  the  Filer   purchased  a  $1,000,000  7.5%
          Convertible Debenture. The debentures are convertible at any time at a
          rate of $0.312 per share.  Therefore, at June 30, 2002, the Filer owns
          3,205,128  shares of the Company's  common stock on a fully  converted
          basis,  using  SEC rules  and  based on the  54,160,273  shares of the
          Company's stock  outstanding on May 9, 2002, as reported in their most
          recent Form 10-Q.

               The Investment Manager is Renaissance  Capital Group, Inc., which
          is also Investment  Adviser for Renaissance  Capital Growth and Income
          Fund III, Inc., and Investment  Manager for  Renaissance US Growth and
          Income  Trust  PLC,  both of  which  also  own  securities  of  Simtek
          Corporation.

          ----------------------------------------------------------------------

     (b)  Percent of class:

          5.59%
          ----------------------------------------------------------------------

     (c)  Number of shares as to which such person has:

          (i)   Sole power to vote or to direct the vote

                3,205,128

          (ii)  Shared power to vote or to direct the vote

                None

          (iii) Sole power to dispose or to direct the disposition of

                3,205,128

          (iv)  Shared power to dispose or to direct the disposition of

                None

Item 5.  Ownership of Five Percent or Less of a Class.

     If this  statement  is being  filed to report  the fact that as of the date
hereof the reporting  person has ceased to be the beneficial  owner of more than
five percent of the class of securities check the following [ ].


         -----------------------------------------------------------------------

Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.

         Not Applicable
         -----------------------------------------------------------------------

Item     7. Identification and Classification of the Subsidiary Which Acquired
         the Security Being Reported on by the Parent Holding Company or Control
         Person.

         Not Applicable
         -----------------------------------------------------------------------

Item 8.  Identification  and  Classification  of Members of the Group.

         Not Applicable
         -----------------------------------------------------------------------

Item 9.  Notice of Dissolution of Group.

         Not Applicable
         -----------------------------------------------------------------------

Item 10.  Certifications.


          By  signing  below I certify  that,  to the best of my  knowledge  and
          belief, the securities referred to above were not acquired and are not
          held for the purpose of or with the effect of changing or  influencing
          the control of the issuer of the  securities and were not acquired and
          are not held in connection with or as a participant in any transaction
          having such purpose or effect.



CUSIP No. 829204106                   13G                      Page 5 of 5 Pages

                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.



                                                    July 10, 2002
                                                        (Date)



                                                /S/ Russell Cleveland
                                                      (Signature)



                                                    Russell Cleveland
                                                    President and CEO
                                                      (Name/Title)