REGISTERED COMPANY NUMBER: 09544506 {England and Waleg) REGISTERED CHARI NUMBER: 1161998 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR CEPMIE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY Gibson IAthrtt& Lifflit&J Statutory Auditcrfs Larch Hse paknds Business Park Hampshire P07 6XP
CENfRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Report of the Truste•s 1 to 13 14 10 17 18 19 Cash Flow Statemert 20 Notss to the Cash FkYAf statfit 21 Notes to the Financial Stateme 22 to 32
CEpifRE FOR THE ACCELERATION OF SOCIAL TECH)LOGy REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 PAARCH 2024 The Iruslees who are aL80 direct5 of the tharty for the purFKWS of the cpan Act 20L%, present their report with the finanual stslements of the charity for the year eTrJ&J 31 M&ch 2024. The tnjstees have adcpled the promsions of Ac£ounbng aThY Repcmting by Charities." statnt of Rè>)mmended Practice applicabk lo tharitw prepariro their aco)unls in aCCce with the Financ481 Retthing StaThJard applicab in the UK and Republ of Irdand (FRS 11T2) {effec11 1 January 20191. OBJECTIVES AND ACTMMES Introductlon Centre for the AcceleralK of knal Thn is a UK charity wortirvj to actrate the agenGy. presence and infiuence of sccial imp&t 9aLaS i n ts Ihn0318S thal aff1 us all. Since 201S. we have been sUpyb.ng scoal org15 lo m&ke fumest thse of digital thn03Y . and working wrth funder3, partne. drtaI governt ar other staehoklers to create a netsvorked environment of $UPFQrt ts the se. Our mission is to ensLtre thal every UK scial imp organ6atKffl has the skills, o)nhJence and opportunty to hamess the full power of drtaI. We diredty with scoJ IM organisabons, hdping lo beccffne more resSe to th1 audiences. changing needs. behawjrs a expectaticM)s, nK) les14riven, and more confident in embedding dvJital princpks irrto thw'r ¢Y9atral strategy. cJJ1tu and seThtis. We aLso work d¢)sety with fuThJers. trxJies, ad cx)IlectNes. sector erS and digital specralists, to radvlty iThyrcwe ts qualty and range of dpjital tfxk. trainiNJ, fuThling and aValab to the sector- arKI to maximise the utrtae ofthese offerirys. We continualty st to m conneclKfflS belween all parts of the sertcK. this can invc4ve direcuy Cpjnneciing people or organi&itions lo thr, or shwing insvJhls wilh a1 beh¥een audydnces - e.g. sharing the socral sectorfs errgIng Al needs fvThJers. in order to nK+Jilise a cOleCti supKMM effort. Central to this i8 our commitrnent to yrk1"ng in the cn.. we shar8 wtwt we are leaming, buibj on the wot of others through reuse. This redu the 1$ of ¢harMJe, whilst enajlwig arKI sta. y building la sector ganisatS. dvJital COP•. CAST he¥)s thwn to twne equipraj to thrive in the of rapkl social. and thl¢ chaThJe. Pag8 1
TECHNOLOGY REPORT ThE TRUSTEES FOR THE YEAR ENDED 31 RCH 2024 OBJECTIVES AND ACTMTIES How CAST contrlbutes to the wblk benefit CASTS Visic is for an efter, vcca arJ infiuenlial ci¥il $Iety. resilwt arNJ rest&[ve to the charoing needs, behaviour arKI expedakns of thr wThunitw. C usry dJItal toob to achh8ve irKIivKlual and eollecbve impact. The way in whth charities a1 cwn1sat#S cr88le pubk bffl rels increastn9ly heaty on their access to . and use of. dMJital tcK)ts and apprwhes. P0st-pandeM. the spaces where galher. connect and access infrxmat)n have Iwgety shffted In)m physttl to dpJital. And gj rf chanb.es do not have a stron9 dts1 presence . a1 the conftlwKe arKI SUPF#J1 to ne•V tech trend5 as they errErge - their vital swvi5 will te¢on fess visit4e 8c££Ssib. aNI ther will be d1mlnhed. This is where CAST comes in." Ve with tharrtEs and Sc cganiSat¥S to help them embed dKJital and design across their seThiees, strategy governar - and wrth sector Igaders and fvnders to create an enMronnnt which Surpts arKI encourages this. supp(wt iriwt organisalions lo deveki Ir agercy Idevewing skills, rdaknships pr).. presence (creating chafity sector owned teChndco$} and inflLnee (supwb"rMJ le to have grealer Woe bWthin WoThJ the sector) in the technok#JS that affecl us am. The way in we dr4er supwt can te descriw ty three parts.. de arKt scale Kcral impact through dyital. We desvJn and ddNer pr03ramr lo devekTr the capity of sc¢ial irrw organi5atrJns.' pdIng IrainiThJ, peer SUPF#Nt PrograS that hdp devekw the agerry and eapabilty of NMdu•1$ and organ¥tIg lo use drtaI. dats aThJ desb3n tr) xhwe their Ljectives. We host and sup1 llects of eXPerirrts into h¢yw enwing technobgy, particyjlarfy Al. can bring abJut social value.. supporting shar&J tesb'ng leaming so the sector mkn quthr prcgress in the ethKal of dh3rtal. dats and des$n for p)sthe impaL*. Our COnnli0n rnultp twchpoinls xross the secaor means that we are al the forefront of urKlerslanding emorging trends needs . arnj IlexiNJ our appro&hes as need. in order lo offer the most valuable SUpt lo the sectcv and the c£Mmmuni( they seNe. As such, we are currenlty working N hundreds of scaal cyntsatKs aTrJ to identfy the key challenges and opportunitS Nwth regard to Al, so that we can r111Se suFpxl and help the to hamess the fijll pclential of this CAsf$ work revoe$ around the c>Ne ain of buikling up socid Organ1t)ns. db3rtal ag&nw, presence arKI IrfflUen . so that they bme stmrw a1 SUstath within themsefve5, and better able to deliver ccfisistent Wdhje lo the pub In accordanc& the UIr&I1erts crf the Charl5 Ad 2011 aTrJ the ass(at& Charitw (Accounls and Reportsl RegulatKns 2L))8, the trustees confffm that they have conv1d with their duties to have due ard to the guitlance on publ benefrt as pubwied by the Chatty Ccrfnmi5sion. in exerusiw their powers and duties in the year under revpw. Pa98 2
CEPRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REpoirr OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRATEGIC REPORT Achlevement and perforn)ance Revlgw of perfornmnce and achlwemw rtin Cata for the tra was set up by CAST in 2019 wth the ain rA l>n"rywu a Sal purpose to th8 dJital revolution.. Over the followng fve years, rt grew to beLome a thriving of npr0ffts, dgital support partners ar fundets, w01ng tother to collNety relise a duitalty and reSient Sla1 sector. On 1st April 2024, Catatyst transitb)ned to borr a Ccmmunty Inlerest CL)npany {CICI, with a renewed sion, mission and model. Full d8tsil$ are in the c¢mprehwsNe Q8A and b q, of which were ¢tsauthored by the CAST arvj Calatyst t1$. During the rep¢ybng pgric4J. in to wthing cffl transitK)n &#Nibes. Catstyst ero4ed wth artyjnd 90 core partners lo ensure the cOntind ddNery of rr£e than 30 xtMtE5. These aL"vities - including inibatNes, resewch projects arKJ workirYJ groups - thousands of ncprOfrtS, durtal experts and fvnders. InitkqtiNp leads lincludiro CAST) have been encpjuoged arKI supwted by Cataty5t to oplimise their offers based on feIbk and irtspJht," inym dNetsty and indus•Jn,' cdktorale wrth eth otr, and ttx)Is to capture inyacL Full detsils of Cataws irnp&a can be frKI in Natulty. there continued to be a hBh of 8gnment bdEen CAST and Catatyst's wryk during this time.. CAST continued to incubate Catalyst whilst also contributing spthlty to a number of initkitwes, including Coffee Ccfinections, Desvjn Hcps. the Durtal LJs Nets4th, Shared Dvjital Guides. Open IP for Funders and DrtaI FoundatK)ns. The first three of these 11 be covered in the subwugnt as they were primarity led by CAST,. a summary of the joint 15 as bekw: hared D ital Gusdes (lonety ServKe Reripes) are steTrby-step guKks lo using dvJital lojs. written by chariis for charrtie5. During the retIng pwDJ, existin9 GuKles were rg-writi8n into a n8w content pattem to iryrove qualty and relevance, usmg inpui from the onginal providers. In addthon. several GuKles were deliver, wilh the total cuwenty standing at 78 Guhles. conlnbutejj by 57 organtsatl$. During the reFKJrting pericd, the srte attraded 7,5CQ unique wsrtors, with a conkn1 total of rrK)re than 16,000 p&3e Mews Folknn9 Catatysl's transit in April 2024, CAST assum resFonsibilty for the initHtive. Catatysl set to contribute ewhl Liberaw Tech Guhjes over the next 12 nths. The ts IP for Funde InrttE aKns to enCJfage aThJ supwt fur¥Jer5 tt) 1rwenrt open IP (intellectual propetyl wrthin grant agreements, and to encourage open IP awst the charities they supwt. Over the repOrtg period. the initBtive continwj to er¥pJe wilh fvnders - and an example of the Open IP work in prath"ce, was a Collab)rat th to Charye.. all partswants on thwr Discove Fund We inwled lo take part in CASTS This began in Octobw 21r23 aThl wrnpped up in Awil 2024. read nTr)re in the seclM)n be, a1 in SUFPOrts scckAI sector staff to inwrove their dpaital skills and ConfenCe, so that they are better equipped to supwt the indNvJuats atyj ccthmunities seNe. During the reFJting peritrj. new round of tesling was carried oul on the Di rtal Skn'lls Fr0¥0, with charknes frcrtn Relugee Alon,5 Expkye Adapt Rwew programme. Fundng from Catatyst enabled tesliro to be carned out to better understand what works with the franknth. what gwj ewanenl kt&s like- and what promotes use of the franmvth by staff. A Al vras asded, with resources crtrwdsourced &ross the CAST team and stsering group, whKh llInl to meet quarterly. The Al section currenty contains 16 resources, whh will increase as other organisations Sha nKKe tts. The initiatNe also fJs into the of the D Aln. has core negts around raising public awarerss ab)ut the Inv)rtan of dNJital 5ki11s, and the range of supwt that 15 availab. A$ part of the Digit81 Povety AllIan'S Natn Ddrvery CLYnmrttee, CAST toc part in quarterly mMle& meth'ngs, and has been eontributing to the miss•)n anied at irMn9 essent1 dgital skills in the UK. As part of this work, CAST was invrt&l to eorth.bute to the WOFk of Future .' during the reporting perioJ, we contributed to . and co-svJned . the new Lkillg , a ratying cry for concerteLI and focused act)n lo dose the e5sentsl dbjrta skn"IL8 UK rykfo rce. P•Je 3
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IAARCH 2024 As of April 2024. Catatyst i8 a separ8 l entity. with a rewId ffmswn.. to sum technob)gy that likrates people. The neI)rk of pg)ple aThJ LIa1¥$ is fcrused cm helping UK CAX7wnuniiies shape technokgy through buikjing collectve pjww. Going forward. CAST will remain a proud pwl of the CaW net4. contiiuirKJ to eolabornte on the OFen IP for Funders work. Catstysl will conts'nue to direth SUFWI initHINes, will prowde conlribukn.ons or temForary support lo others. CAST will Contin to SUFPJt all inrt]atNes for rt wa5 the primary lead., will take responsilylty for Shared tligital GuJes. aThJ is in 0)nversat atout supwb'ng otsr initiatives prewously t))nvened by C8taPyst. Full datsiL¥ initthp5 are awlabb8 in the ProvKlin direct s to the s&tor Over the reporting perth, CAST has w(Kked dir& with hundr&ls of sccwl impact organisatic¥)s, helping than to hamess the fijll p of db3rtal - aThJ with fuThJers. partnws. dbJital s911$1S and other key stakeholdets to cr&e an envircfflment Iha SLWOrts this. have provKled in4epth SUFWt via a nunts of Sustai. kwemi progranwnes, na Deloitte Dyrtal Conn8(a. knmunity Exphye. Thgital Carry)us the Inr#)vaikin & Dgtsl Delortte D rtal Connect a prc•3rarTryne deswJned and delNerts in partr1p with Delortte. Fc41owing successful cohorts delNered been January 2022 and April 2023. we ked off the third co$rt in Novemter 223. with 30 Chare5 arnj SLxid enterprises. lknr the course of six months, pathpants were supwtod lo make pry>]56 C an exislirKJ w1SatK¥ dwjrtal thalknge by putting thwr ben8fiuas at the heart of the solutK)n. Part1Pant$ bleNJed suiwt from Ddolte ex1ts. the CAST tean and wal seclor peers, lo get a br understandir¥J of the chalkny faced by their bethrw, and to Cfeate simple but effecbve sdutN)ns to them. Over the course of 90 on&tCfrone olL8 {tMth memters of the CAST te ar¥J a bank of over 40 Dek)itte volunleersl. 14 wc¥shq)s and 14 pr SU[Pt sessKffls, partpants expbred innovative thnIqueS induding user research, Klea generatjon, prototypiThJ and agile w1r. Each of the dh3ital ds taking part a sponsor wrthin their Oanisat,. the progrrne providgj speth $upwt for these sponsors. induding tsvo peer40-peer sessions Al sess)ns, in cdLgborat•)n th the Ddoitte Al Institute. The progrnmme wrappJ up fft June 2024, aTrJ suw re5uls wwe very Ve.. 100% of respondents stated that they feli more confident in apptyry user-centred prac#e$ to their research and also in undertaking user research lo under5tsnd benrarEs' needs. whjlsl 95lhl expressod Ireased ¢onfmJen in lealing dKJilal prO1t$. PositNe feeJJb&k was also rece from the Ddoitle VOnteerS. with F4)st.prcgrnmme comments hKJhlighling the smooth matching eXFerlen. dear gcoL8 aTrJ JaI settor insyht oppinitS - and 100% of survey resdents stab.ng th they like to volunteer again. See the Dek)itte D ital Connect animation for a snapshot crf path"t tesb'nv)nia Ccrfnmun E is CASTS six4Th)nth Funder Plus progrnm)e of suppcrft trJ'ning to help tsjmmunty businews explore the develcpnrrt of Cc¥nmunty T Icpxnmunty owned dpit81 products arKI services), using user-centred design prc(esses. It is a struthr&J desvjn c4JJtse. supwt'ng participants to use trust&J tools and prccesses suth as user research, staeh)laer eTrj4trnt, bdea generatn arKI prototyping to validate their solulty)n thas. The veNon dele durirg the reputing peric4J was provhjed as part of Pcwer lo Char¥Je aTrJ Promising Trb.5 FuThJ. was deSned to wovth 5peufic and tailored SLWQrt to the parbcipating te. The programme Iwhth ran from Octcèw 223 to May 20241 wa5 Ihrough a mix of ¢ontent and leaming experiences, induding a sew-serve leaming hub {¥h resources. Conlent. tcd$ and lemplatesl, peer SUFPOrt. mastefcLasses, w)ShOps, weekty emaib. One4( coathing and pkybs al the en(1 of exh phase. where part1pants presented thr kaming. As the projrwnrre wrapFed. participants were ncoura ed to think at(Jul for bjrther IU . aryl $UFpyled lo create short wdeos setting out their solution ideas lo furhjers. Page 4
CEpifRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Feedback was very 6the. wth 1C(J% crf Ccfftynfy Eypbjre stthng tha Ihe progranvne help&1 them increase thr Conf in (xnying CArt uw rese¢h to bettw uThJw5taThJ thwr bankgrs. needs and behawours. us is a 13-morth wegramme ol SUFPXt frcrfn CAST, is currentty being mlled ¢yJt for a consortium of lxganisatKS convened by Rl Acw. Tr prcgranNre prowdes part1pants with access lo too15, SUPPOrt and hands-on trainiry lo buihJ thwr kn and cOnfiJen wrth digital. As the programme kthd off in the suffrner of 2023. VIP publthed a 0U1n[n the r&rurfment . rocess During the reporting pencJ. pa.Parrts benefrted from a bnd of ffK¥gules and indiwdual coxhing, covering a number of dwJital tcpu. When surveyed at the end of the preojramme, 1CQ% of partpaTrts stated that they haj arned nthy dqital aThJ desvJn thlls. and feh nvxe using nthv ways of thinking about projects. Partsapants were invited to join a series of three Al desgned ¥wIalty for thg ftxced mgratKJn sector, detivwed bets¥een May and Juty 21r24. In . a pn)Jrarthe dè¥ekfeJ by CAST for Sport EnglaNI, with the aim of helping Nnal vernIng BLxlEs hame5s dNJital to improve access to wort for all - ako wrapped up during the ietmjting pericrfj lin ju 20231. This was covered in depth in the prev¥)us annLo1 report." as a recap. 1CKI% of end-of-prcgramme survey recipients rtl that they rned rwi db3rtal and innovation twls, skills and processes aThJ that their prC will contribLrte tcmards improved engagent Imth undryresented groups. See the nn part1panI lests'monials. In li wrth our c4)mmrfrnenl to ong(xng conne£tn arbj Supp all partvpants from these four prc#Jrammes have been invrtèj lo join the CAST rtaI Le And in keepir•J with ar ¢ukn of sharing open, many of the prcgrarnme resources have been m•Je aw1) lo the wKler seclor over 1(J) free tools are available vhq the Delortte Di ital Conned R Commun Ex lore Notwjn. than 20 bbgs have béen shar&1 on the Innovatpjn & D Majium, and a host of resour EAR Al ses5K$ hwe been shtrJ in a D ital Accelerator In a(hJrtth to these hJnger4gmi inttt we a0 con1mj to njn our shlnUe Desi s, whth leach partiapants a stepby-step for usw Centr dp3ital design. Two DesNJn Hops took p&e during the repth'ng Fer¥>J lin May 2023 aTrJ February 2cr241, of whth were open to the Wer chanty eommunty. In April 2023, we shwj ee ACt of a Des in order to gNe potenb.al attendees an #Jga of vras invoW. ATh1 k4er that ye, we ran a discovery prctess, intervEwing past partiopants to understand their experww. so that VR iterate as needed before nning the March 2024 Dwn Fb3p. Feedback frcrfn the Desqn Fkps vras [111. with 1(XVA frf suNey reSpCd¥tts sLiting that they felt more confident using a desvJn prccess th1Th thar orl$at1 - 9YA Ing that W h1 bggn able to appty what they'd leamed in thwr organi%atKffls. CAST has also been ab to behind the scenes iih vrtal CTr1 OrglSatIonS such as Tr Kings Fund and the TUC. are aLw working with LULY Faithfull FJndth to help th delNer their groundbwking 1n1 pro1t, funded by Ncffiinet. As part of our $uFwi we are Wing the Foundation with experimentation, inncNath)n and scalry to acceberate the vital work thvy ¢Jo lo keep children safe online. We also tsegan workirrfJ with Prudence Trust in March 2024, SUPF<xb'ng organisV$ that are using dvJital technobgy to support young Feopte's r101 heaRh. Iden needs- and rK&ilisi rt- arcyJThl Al Because CAST is focused on acceleth.ng the agerKy, presence and infiuerKe of sc£1 organtsati)ns in the lechnoh)gÈs that affecl us all. have a partKu fc4xs on ergIng tech. such as GeneratNe Al.. the opwtunrties ar*J chaifenges presenbj. ho•¥ we can SUFWt owk8at$ to rewd to these to bring about positNe Sla1 Change. Pag8 5
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 th this in mind, lae Lqst year set atrtht de¥eh¥n)g a survey to arower scrfne of the questions we were asking ab)ut we at CAST coukl best reS[d to current needs . IKrth directty, and in lems of helping to infi{re action across the seLtor. Running from Dwitw 21y23 until FebnBry 24, the survey re¢eivgJ 164 unique responses thal we SYntheSL Ip&ty using Ncli)n Al) ar evaluated. In a com rehensive b , publisw in 2W24. we eypkK&l the reyjfts . and ld ¢yJt our plans for support interyentk)ns. In the subsequent monts. we folkxBI up on fr prrAn19 ¥lth$. ¢on¥ening an PJ Funder5' FeslNal of Leami Me•rk.. delNering an Al min incorwrating Al into our in partnership wrth Dek)itte; Pentsng three Al for reuse- and sth'ng up a brand n&v resource hub on our website. atso worked on building up the mertership of ¢)ur exBling JA in gkin gw.. set up in t)ecember 2023, the group has grry4¥n rapJty to IrFrate nve than 120 people frcm 85 trusts and foundatnS. meetirKJ reguL3rty to ewore the challw)ges and opportunits of Al. To date, frjnders have $hargJ nve than 50 innovative Al experirnents wriih the g). whth wil be made avaiLqble to the WKler sector. We are ncy•V WIng Al into 8hrK>sI ev straNI of that * do at CAST. On an crfganisatKJnal knl. we are trans arent atout our use of Al - are wothiro to SUFVOrt a wJe range of indJUalS and organisations a nurnber of inteNentKJns. V4È are aLso continualty sharirg Al conlenl on our Medium pLgttomi, and in ourwebsite reswr ce hth. But thi5 is jLbSt a srwshci. ¥uppryt fund eng aNJ grrywing as we Igam mcwe atout what the sector needs. Over the reling perKKI. been wthing with hundreds of charilyas, Trusts and Foundab"ons. and lechnokJgi8ts to expbye the pwcepiws. pra#w, cOrmS and opportunities for Al in the charty sedor. As pwt of this wk. wek to idenbfy aNJ lest drfferent supkM)rt ne&Js that help charrb.es to enp3e Al in ways th SUPF#Yt their missv)n - v#tth Ihat's in aw'ng. usirvj or infiuencing Convenin We knThY that the role of dh3ital W can be an isokted aThJ ChaIgIng one.. many with responsibilty for drtaI wrthin ¢hwrbes W $UPFYt . aTrJ yet across the charitable secor there exists a weatth of rich insight and gene$ leadefshp. ¥lb're keen to bring together those pe that on dvJilal prcieds and prc8rammes. so that can Sha th&r eriers, hVents arKI chalknges - and from and support one another. CAsfs ital Leads Nerk IDLN) connects sc¢ial $tOr staff vLJrkn"ng cffl drtaI prqects wrth each other. as well as wrth sectof exFerts. MLYe than yeats ¢)n frcrfn laurh, the 15 hcffle to a growing communty of 80 digiial I$, am of whom ccryletÈJ a CAST or Catatysl d3rtal progranyne. It provKles partrApan15 th a range of resources arKI arnIng OppnrtW. ildIng lo a netrrk of like-minded profe3sMals, and a Trrariety ofeMEnts a1 web11. The DLN has been the fLfUS of rnh xtmty during the rwrting WKMJ.. in June 2023, established a mwnb8r-18d worting group to steer the d&fttpnnt of nets, and in the sawe rr¥)nlh we set up a Members Hub. onecting members to eh ottrw - ar to the available resources and maslerclasses. In N¢)vember of last year. we stsrted the PrOS of undertakiryj a nthvort( revi with a wthkiNJ group m&Je up of seven members of the nthork. The wc4kirYJ gw heJEed to devekp netsvork member user per50nas and the rthrk's USP. bers have beneffted from three onlir ma5twckn, on Al in SeN1 ddNery, cde$Jnlng seThices and no code4eehnokgy. and two online meetups, centering around the the of Al use Cases and dJrtal upskilliry. We akn organisaj the PLN n meetu in LorKlon, pky1 host to nv)re than 30 members. The day featured Irber spclhghts on user4ed serVe development and Al. as well as collective $8ssw fccusing on to buthd the neh¥ork together. Feedback was very pc6itive, with a Net Promoter Score of 9Yh.
CEp¥fRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 In addition. Bdlen. CEO at VONNE owised an Al cLYrfe[ in Noverrtw 2023 and inmted DLN members to share Ihelr experIee. EkAmin. tlirector of Ins4hts at Calch-22, shargj the OrganalOn.5 use of Al at the VONNE 0)nfe . aTrJ then again this year. at a e1 SeOn b Alongside the mcrfe strudured rtaI N4ryk, we have cNilj to run nections , matching peers within the sc¢ial settor every Iwo morrths for an irrfrnl chat digrtal. Matches were m•Je in September and rnber 21r23. and Febnry at April 2024. Earfy this year, we ran some offee with a group of Ltsers to find out why they icin, useful the conversations were - and how we g)uld improve the servKe. he akn been e¥pk)ring the possibilty of reusing Coffee conneth.ons for 0r QganiS that vrant to malch aff. ¥dunleers and Serv users. and are currently in the plesS of nlIrj o ut a protctype rsw)n fNtestiNJ. in inn valNed' ts. I rrA1tts As well as SUPFOt'ng sc¢ial Oryani%atS dtyecty, VR are keen to Njentify gaps in which the development of new duital prcducts or pLqtlcms C1 p a roie in irfftasing efferleY thrgh Saving social sector organisations lime, rewurces and rr, heln9 these orw1satS ur¥Jerstand opprytunitEs for service improvements. and ultim8lety helping oyJmrwnrtEs to a better Servi exPern. ThroughoLrt the reportiig vrtjrked wth DisTUPt Foundatb)n to research arbj a digrtal Ic that COnnS servx from mulbpbè prov•Jers. SO that refiNJees, p&jp seeking asylum and mgrant$ can b8 signposted . or direth referr&l . lo the right SUFWt The dNJrtal sokrtKJn was designgj, developgj and tested wilh professionals arKI Yc4untevkn.ng on the frontlire. and wrth refugees and pecple $08king asylum. We a delighted to S8y that, after arourKI a of proJuL dthEkwnt Irbatl by CAST. this tool is nc INe in bets fom. Naned Kom i (after the 'univeTsal WJuage' Esperanto lemi for.¢PaSs). the platfom) featu a public seThKe diTtory.. Src}sting 10015, Wbth a prNate kg4n pw3e aeSsIble lo referral organisations to make safe ar¥J effint referraLs. As part of thi$ w(xk, we're working dosdy wth Disrupt Foundat to develop a path to sc arKI SSta"nl1ty. nin GrantAdvisor UK rolled ¢yJt as a peThnanenl seThi in May 2023. Th8 free pwomi enwurages open dialogue betsveen UK setial impact organi&S arKI grantmakers, by colleth.ng aLrthentic, rea14ime rwews atHI c¢)mments on grantseeke. eXperncts of wong wilh fvJe. In the fitsl year sirKe laurKh. we been ¥thiry hard to ravse awrdreness aL)ul the SeiCe across the fiJrKlraising cunmunty, in order lo grrM the number of revievo. This was the thne of our W0$h an su uent bl ttafs Di on prorrtr)b"ng Ihe service to fvnder5 and buibJing relatKfftshwis those alre& supporting trm lo build their bank of revEws, ref wh they r esp)rKI lo revws. In the earfy part of this year, we carrd oul reswch with fundws who We Succ1 gathering in order to urKlerstand what w w(king well aThJ whal coukj be finessed. We used Al lcds to anatyse funders, anonymous reviews on the pwomi, Cor¥j cOh1 cals lo ure$tand hr they were using the insights - and whal IW V•wld gTr to funders aTrl furnjraisws eons•Jering sp3nirKJ Ltp to the platfom. qtform aThJ created a series of animations to We published bl)gs from 8h fvnder on our Medium . $ho4¥case hhlIghts fr(Yn the inteTh••S media. From the point of Lqunch in mKI-May L8sl year until the end of March this year. tr site has attracted 5,900 unK4ue visitors and 22,tM) p4e vie4VS. 16 new funders have wistered. bringing the total up lo 35. and the site now contains m(¥e than 51J) athentic afionYrr
CENTRE FOR THE ACCELERATION OF SOCIAL
TECHNOLOGY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
howca
CASTS iden
and
The Catyst Iransitb)n has gNen eVeryOr al CAST the OFPYtunity to ¢)n 811 that we have achwed
over Ihe past nine years . as cekbRte the fa# that V•e he created. imibated aThl helped to
transrt)n something that wil folkx its o•m imFJtanl path, so we aL%o sharpen our frKus on supporting
the sector to devekp its capacty and capatilty. To this end. we have been makiThJ a consuous effort to
impfove vis11 and awareness of CAST, so that our sutport can reath a$ many individuals and
organi&ith)ns as pble.
Central to this storytelh'ng has been our MediLwn . whth as a hLb to wture beamings,
rel)nS arKI adVe from all those wrthin the CAST Mffnty. reF
CEIfflIE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REKIRT OF THE TrUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRATEGIC REPORT Financlal revle Flnanclal poshlon Results for tho year Totsl income fr)r the year was £1.7m. E4dIture of £2.2m tyuded a plarrnd deficit of £50(. ExpeThJiture includes £130k of strictl funds for Cfyst trdnsferr&Y out of CAST to the neAy estsblished Catalyst CIC. The Trustees m•Je fijrther pknned commrtments of rEserves duriThJ the year for charitable actwibes, induding devdoprrent around enwing dvJrtal technobJie5, gNen the strong re5eNe thls of the chanty. Free reserves are £185k at 31 March 2024, in lir ¥th the rese pdry. aThJ represenbry a TcUSt basis for continuing devek)pment arKI delivery during 2024r25 teyond. Expenditu exceeds ine4)me due to reserves at the start of the hz4ing exceed&J CASTS target level, and fvnds therefore being us&J on further dement of charrtabk actmties. Reserves of £18 at 31 March 2024 represent a robust basi5 for wnknnuing aTrJ delp4w ring 2024r25 and t¢yond Incomo Totsl inc#Jffle of£1.7m i%just over telcw in 2022f23. Intome for Catatyst tptsed grants frc¥n Paul Hwntyn Foundat of È22(k, City Bre Tnt51 of £231k, and The Nat Lottery Communty Fund of £594k. Non£atatyst irKome ccryrwj £2%k of grant funding frryn the Disrupt Foundthn, service inwne of £18(1(. a donth.on of £100k frcffl Deknrtte (p on to pa"pants in the Delortie DvJrtal cOnnt progranvne as grants of £5k for eh pw'ng organisatnI. •KI a numter of walkr granls. Expendlture The chwity's primwy expernliture 0yrtin to be irurr&l ¢)n supwt'ng dMiits and sctd enterpri lo improve thr se wrth dNJrtal le79y. ExFendrture on d¥rtal cap• deknprnent was £2.2m during the year, indudirYJ the £130k funds lrnnsferto the Catayst CIC. Of this eXpendrtu. £328k was paKY out as direLt grants, and £945k vras Wt on subwntracted dyrtal suFp)rt provided by extemal patnefs. In athjrth lo the durtal capxty devdoprrEnt cos15 we incurr&J £375k on Sup cosls and £21k on furlj ReseNes pollcy The Charity has a lk.baSed reseThes The n6W 4)proach enlals assessr&% the ijeal SeTh thrtxffjh revithv ofa number of key elemènts. These eknnts at present Iexdry funtsl e:. Any funds 1ved as timlrt, unrestrthd ha yet been spent A basic wcfking capital buffer, equbt to one rrnnth'5 cferab.ng Lx>sts- thi5 is not to cover k>55 of income. but simpty a timirYJ buffer Potential kjss of inccfjne cover- this ill refied the ine pipe11r at the p(Mnt of annual budget finalisaticfi, on a risk basis. wrth no cover need&l for 11)YA certain then 11yA wver needed for Iorne induded in the bget wth a 90% likd1(l, etc. Potential unfofeseen cost incc- this eknwl Wbll te hardest lo estimate. but will te assessed on a risk basts known risk areas- for exarnp, a risk 0faddttl costs relth.ng to the FK)ssib cata$1 IransrtJn, orthe excess of insurance poIleS These are caJrnuktNe. i.e. athjgj to give a t(tsl res¢e5 rwuirwnenL within a margin rf+1- 20%. Applying this irKIteS a reseNes target forthe ywend of£218,WO. Actual reserves are bel this thl. bLrt wthin the 20% Tange. This 15 o)nsMJel reasonable, especial gNen the lev81 of confirm&J incw for 2024r25. P4e9
CEKfRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REPORT OF ThE TrUSTEES FOR THE YEAR ENDED 31 IAARCH 2024 STRATEGIC REPORT Future objectives and pIafin actlvltles G4ST will continue to foujs on ac£elerating the Prese arwj Influen of Sla1 impact organisations in the lechnok#3S that affect us all. have a parbtsjkr fctus on hN ergirj techr81es, suth as generatNe Al. can be used by thantEs to bring abcmjt F)sthe 181 change. To foster greater agerw wst cl1 oryisthis wèll continue to Create, delwer and scale interventn$ that develcp sknlls. capot4'lrti8s, rglaknshp$ aThJ opportunrtw for thos8 workiThJ wthin Sla1 impact organisa11$. We'll ¢inUe to fr$ on SUPFthng organi&itions to their durtal skills, as well as their use of design and data. Vk'll put rewwed f(5 on supporting ch¥ilw lo respond to new arKI emerging teChTh)krfJ aTrJ ensure have the skirts. uNjet1ng and expelw to use them. Devekping the pres of soaal owiSatS in tethmbgy ains to ensure the Vall of ciwl society are endd within doital teds. IAÈ'II c0nknn to surpm scoal iffyact organisati)ns lo devdc digital services and products", we'll continue to in(bate techmkyJw and initiatives that hdp to create the digital infrastructure for CMI sccty, arwj E'II o)ntue to fu$ on grtr4mg the use arrtj reuse of open. sector and communty r)Md technokjgies. Ensuring ra1 impad oryanisatvs have greater inftLn aTrJ reach will be ¥hEved by conlniuing lo $upwi the grolth of the Durtal LewJ$ NelvAyk'. conneLting avTrl SC¢ organisth.ons wrth OFVortunf(S to infomi business and governnt, and conbnuirvJ to defver products like GrantAdvisor to create feedb¥k Ic¢)ps and Share inswJhl. recry3nise th disruplNe thnO)3•eS. such a5 generative Al, place even greater importance on the voKe arKJ infiuence of iivd sfyidy to ensure juste aThJ faimess are c8nlTal to the impxt of thn0g. As CMI society organisatKS rebui frryn the pa years aThJ addr the cost of Imng crisis. we'll continue to work towards our Charitab c*4edNes by celeratIng the agercm. presen atKI infiuence of swal impact oryanisations in the lechnobJies that affect us all. Detsi18 offr path aheaj can be ftyJr#J in this STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming docum•nt The charity is controlled by its wmiry dftrt, a deed of trust, and COnstrt a limite(I conyany. limited by guarantee, as defined by the C(mpanies Att 2(Th. The chanvs trustees are also dKectors and mwnbers oflhe c(ryany. Page10
CENTRE FOR THE ACCELERATION OF SttIAL TECHNOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE. GOVERNANCE AND IAANAGEMENT Govemance CAST has app(xnt8J trust&s that bring a strorwj under5taTrJry of the pthtial of techrKJIcgy lo address la1 challenges. The names of the trustees who seNed during the Fer were as follv•VS'. Professor Kerensa Jennings FRSA. Emma Thcffias. Mary Md(enna MBE. Llyd Jim KnvJh[ Lara Bums, Kate Collins, Gaia Ine5 Fassè, Prue Quarcoo aKI Rlha. Current trustees {as of Septwnber 224 } are as fol.. Emma Th)mas. Lara Bums. Kale Collins. Gaia Ines Fassè. Pn Quarw) aNJ Pema RaJha. To aby the effecbve goNwnarKe of the charty. we also operate a Finance and Audr( committee with ddeged authcyity as set CMJI in an agrd SChe of DegaI)n. Ihfjth huge thanks aThJ gratitude, two of our fryjndng Trusts, Lord KnpJht and Mary McKenna MBE stepped at the end of their 9 year letshIp of CAST. Hawng Seed on CASTS Board for three yea. induding one year as Chair, profes Kerensa Jenniros aLso stepFeJ the Board. Each of these Iruslees has played a huge rc4e in supwt'ng aThJ ex1ending the irrpact of CAST, for which we are all incrgjibty grateful. In earfy 2024 we undertc(th a GOnan rv4ivw to respond to the Catatyst transithjn, change5 to the Board membership arbj CASTS renvhBJ strategy. The ofthis revi and a folkym.rg skills a111 was.. to move to a snBlbw Board 1 lfrryn 9 to 6 Irustees by 2W251 to reuurt new trustees that brCht finance Al eXpre in parti19r to create and better utilise exwb.se of others ¢xrtsth of the Board establishing cntul frndS for key areas and InV&nI of the Dyfal Leads Ne. The Iruslees are ¢omitted to euring th the Board has th8 r)in01 of skills nwsary to support the effecbve provision of xcess lo capital lo ¢harits arvJ s)01 errterprises. In pu, the Board of Tru$t80s indude$ skills and eJFertise in the frJlbwir¥J areas.. durtal and s101 Innovatn. ¢hanty and sccial enterprise. grant.nk1n9 a1 scoal investnwt. financtal and risk manageff*nL The 80d Iw the Charity Govemance Ccth ensures c(PInCe through wuL4r revw. Page 11
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REPORT OF THE TRUSTEES FOR ThE YEAR ENDED 31 IAARCH 21ll4 STRUCTURE, GOVERNANCE AND PA4NAGEMEKr Risk managomgnt The trustees have a dijty to Klenlfy and fevw the risks to whth the charty is exp)s&d and to ensu apprcpnate contrds arn in pe to provmje assUrae against trd and effor. The Board of Trustees systemth.edty revie•VS risks faeed by the Charty. Tevitrmng the detail&J risk register on 8 qUartY basi8, With a strong nsk management prece tn pke where related risks are identrfbj record and can te esc7lated to the mary1 and trustees where appropriate. The key risk5 tti the Chanty a.. Longer temi fundlng rlsk fov CAST - partlculaty ag estsbllghed Ilnkg to C•latyst funders change wlth transltlon. Vk a eworing new ffijrhlers for CAST, part1Y k¢kirvJ to estsl5h hjng term {NJealty cxjrel funding and have alrealy stsrted workirBJ Imth furKler3 who are new to CAST. We are fijrther mtyab.ng this risk by irKreasing our focu$ on generatirg inccffie frcffi sefvice delNery. Workforce llbelng. hyperproduc¥1ty and twrnouL Vk rely on a talented and deduted team lo ddiver CASTS arrrtNJu$ straw, as suth rt is vital that we have the ri3ht skilLs. experien. ways of workj.ng aTrJ well beirg. CASTS HR arKI wellteing fUnth"c is in pce to better assess where staff are at erTrjtnalty. Strong prged manynt and ways of working are in pl to ensure effler and kn ajmin h¥y work. The development of new WellLEing Polry contribuies lo suppybng this. ab)ng$wJe regular revp•VS of our heatth and weware ples. Balancing crilical and proactive approachos to supporting a $tOr response to Al. The speed and Sca of devekpments in GeneratNe Al greater iOrtanCe on CASTS strategy. To respond appropr• to this speed arKI scak. CAST must strike the nght baL8fi in our SUPF*JVengagement wth Al. Al offers krts of cfvnrtS but abo hvJhluhts eth1 and soaal chalkenges. CAST will conb.nue to undertake deep wcffk, create REFERENCE AND ADMINISTRAMVE DETAILS Registered Company nurnbef 09544506 (England and Wa) R•gister8d Charity numb 1161998 8roul Cottage Bath Rowj Nailsworth Slroud GlOuceslShIre GL6 OQL Professor Kerensa Jennirgs EmTna Th¢)m8s ary McKenna MBE Kathryn Collins Gal&1$ Fasso Prue Quarcoo Pema Radha Lara Bums L¢xd Jim Knb3ht (Chair until 9 January 2024) (Chair from 9 January 2024) {resgned 30 June 20241 (apFQintgJ 25 November 2020) (app)int&J 25 Novwnber 2020) (apFxirrt&J 1 Marth 2W211 {apwint8)J 25 M)vwnber 20201 (apwint 25 Nov&nber 20201 {resKJned 10 2023) P12
CENTrE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Audllors Gibson hitter Limited Statutory Auditors Larch House Parklands Business Park Denmead Hampshire P07 6XP B•nkern Unity Trust Bank London IB3LN STATEMENT OF TRUSTEES. RESPONSIBILMES The Iruslees (who are also the directors of Centre for the hueleration of knial TechrlogY for the purposes of company lawl are responsible for preparing the Rep)rt of the Trustees and the ffinancial statements in accordance with applicable law and Unf(ed Kingdom Accounting Stsndards (Unrted Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial stalements for each financial year which give a true and fair view of the stale of affairs of the charrtable company and of the in¢))ming resources and application of resour, including the income and expenditure, of the chaTitabte company for that period. In prepanng those financial stalerrEnts. the trustees are required to Se1 suitable accounb'ng poleS and then appty them ¢onsi5tenty: observe the methods and principles in the Chanty SORP; make judgements and estimates that are reasonable arKI prudent prepare the financial 5taterrEnts on the going concem l)asis un*s rt inappropriate to presume that the charitsble o)mpany will conb.nue in business. The trustees are reskKJnsible for keeping proper a¢o)unting records whth dixlose with reasonable accuracy al any lime the financial position of the charilable Company and to enable them to ensure that the financial statements compty wrth the Companw Act 20. They a also sponsible for safeguarding the assets of the charitable company and hence for tsknng SOnable steps for the pwenlion and detection of fraud and other Irregukrits. In so far as the trustees are aware.. there is no relevant audrt infomwtb)n ofwhich the tharitsble company's audrtors are unaware,. ar the twstees have taken all steps that they ought to have taken to rnake themselves aware of any relevant audrt infomation and to establish that the audrtors aTe aware of that information. Report of the tDJStees. incofwating a strategic report approved by order of the board of trustees, as the company directors, on 24 September 2024 and signed on the board's behalf by: Ms E Thomas - Trustee Page 13
REPORT OF THE INDEPENDENT AUDITORS TO THE 1mBERs OF cElRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY Opinion We have audfled the financial slaternts of c for the Aeteleratth of Sctial Tethnow {the 'eharitable companl) for the year ended 31 March 2024 whth c4) the Statryt of Financral AGlivf(ies. the Balan Sheet, the Cash Fk Statem1 ncles to the financial statements, induding a summary of s19nrfnt accounting pcAitaes. The finarKd rwting fram&hrt that has been apph.ed in their preparat)n is aFpIleab la•V and unit lfjngd(xn AccoLbnting Standards Iuniéed bQngthJn Geralty Accepted Accounting Pfacticel. In our cyinion the finanaal Statelnts.. gNe a true arKI fair of the state of the thwitabl8 affairs as at 31 March 224 and of its incoming resources and alal of Tesources, InCklng its ityrn e¥per¥Ji(ure, for the year then . have been propety prepargj in V•ilh Unitwj Generalty Ac(Wed AountIng Prdctice" aThJ . have been prepargj in rdae with the wuirerts the CL•))pans Act 2CrfA. 8a$is for opini¢ We cOndUd ow audit in dance with InIematKY Starxlards on AuthtTh)g (UK) IIS4s {UK}l and applicab law. Our respon$ikn'IeS uThJer those standards are further described in the Auditors, responsibl1rt for the aLKtrt of the financiJ atem8nts Sec of our report. Vle are indeFendent of the charitable conpany in acoydance with the ethKal requirenB)ts that are rejevwl lo our aLKIi( of the financial statements in the UK, induding the FRC'S Ethal Stan¢Jard, and we have fulfilled our othef ethical responsibilitEs in accordance with these requirenwts. We belwe that the audrt evthnce we have obtained $LrfficEnl aThJ apprcpriate to prLMd8 a basis for our cf4nK)n. Conclusions rolating to going concarn In audrting the financial statements, we h•E ¢orKILvJwJ thal the tr(199$. LLse of the gL¥ng corKem basis of 8eeounb.ng in the prepath.on ofthe finala1 statements is w>rcpriale. the work we have perfryrrnd. have nL jentff any material Urrtalntie5 rel'ro to events or condrtions that, IrKIla1IY or colWNety, may cast S3nthnt doubt on the tharitable corrpany's abilty to continue as a ra concem for a perKKJ of at least rnth$ from the statements are authorised for issue. Our responsibilits the respcfflsibilrfies of the trustees wilh re5t to gryng concern are described in the rekvant sthins ofthis IPt Other Infommtlon The trustees are resFwisbk for Ihe 0r infcMmn. The other Inform corwir¢ses the information induded in the Annual Repcwt. otsr than the stalts arnj our RekKMt of the Independent Auditors Our opinion on the fmanC1 statenwts dces not o)ver the other informatx)n and, except to the exlent othuwise ey41KY slalwj rb ow rep)rt. express Y fcrfm of aSSurae o)tKlusion trreon. In connth wth our audrt of the financral Statents, our respmsits'lty is to read the other infomatp)n and. in dc4ng so, consider whether the other infcffiwtp)n is matenalty i1)nsIstenI wrth the ffinanc stslemen15 or our knThYbJge obtsined in the audit or ottrÉTh¥tse appeats lo be materBIty misststed. W we idenlfy such material irKonsislencies or appent matla1 misstslements, a requir&J lo determine whether this gives rise lo a nwterial misstatement in the financial statemerts thernSees. If. based on the WO we have perfom)ed, we conclude th the ts a maten.al mLSStatemert of Ihi8 cther infonTth. VR are r84uired lo report that fact. have nothing lo ret in this regard. Oplnlons on other matters prnscrlbed by the Companies Act 2( In our opinn, based on the V•tJrtt urKlertaken in the course of the audit.. the infomiation gNen in the Rewt of the Tnjstees for the finwKial yw for whh the finanal stalemgnts are prepared is 0)n$teTht wrth the financHI statwwts.. aThJ . the Report of the Trustees has teen prepar&J in accord wilh ap*19 kgal reqUirnts. Page 14
REpoKf OF THE INDEPENDENT AUDITORS TO THE 1MBERs OF CEp¥fRE FOR TrIE ACCELERATK)N OF SlAL TECHNoL(y Mattern on tthlch we are rnquId to report ty excertlon In the INJhl of the kno•4bJge and underslandiThJ of the dwilable conw and its enwronment (taIned in the We have Trh1ng lo replxt in respwa of the frAkviThJ mlers the Cc•))panies Act 2CK6 ra]uires us to report to you rf, in our cpIn.. adequate accounting records hale been kept thms adequate cmjr have ncrt been receNed from branches not by us". ¢ the financial statements are rKé in agreemèrt with the lnts'rJ and retums.. or . certw"n dL8closures oftrustees, remunwation by Lw4 are not r.. we have not receNed all the inforrnth aThJ explanabons rw]uir8 for our audiL Responslbllliks of trnstees As e>yain8J fulty in the Stslwt ofTnjst. ReSpslI18$. the truslees Ivho are akn the direclors of the chantable coMpY for the purposes of ctjnpany l•vl ate reSPsIble for the preparat?n of the financral statements and for beir¥J saty"sfied they gi a twe aThJ fair viww, and for SLth intemal control as the truslees deternine is necessary lo e3ble the Preparat of ffinancAal stsleryenls that are free from material misstatement. whetherdu8 to framj (Y error. In preparing the finanaal stateme, the trustees are respSIble for assessing the char5table companys ability lo continue as a g¢ing CoeM, disckJsir¥J, as wltsble, matters related to gcing conrn and using the going cOrM basis of accountirKJ unkss the tnJstees erther intend to INuNJ* the charitsble company or Page15
REpoFrr OF THE INDEPENDENT AUDITORS TO THE PEMBERS OF
CENTRE FOR THE ACCELERATION OF SOCIAL
TECHNOLOGY
Our responsibilities for the audlt of the financlal slatem
Our objectives are lo cblain SOnable aSSUrar atout wWer ts financia SlateM as a a free
from material misstatement, whether due to fraud cy error. aThJ to issue a Report of the Independent ALbJitors
that includes our opinK>n. Reasonable asSUrae is a hvjh 1 of assurance, bLrt not a guarnnlee that an
audtt condurted in xcordance with ISAS IUKI will aws detecl a matenal MteMent when rt eSts.
Mr6$tatements can arise frC fra or efftx aThJ are i))nsider6I material rf. indivJualty or in the aggregate,
they reasonabty be expected to infirKe the jncffi d&15S of users taken on the basis of thes&
financial statements.
Tre extent to thich our woc8Jures a ofdet&th"ry iwularitw. wKludirMJ fraud is ddaiied behjw.
Irregukril, induding fra. are irLS rA rKp1rae with Lws aThJ rwJuktions. W8 deswjn
prc(£dures in line wth our responsitx"lths, outlined atrn. lo dtht material misstalwnents in pect of
irreguIarrt. irduding fraud. The extent to whkth our pr(Kedures a capable of detecting irrèaularities.
Ing fraud. is dth'l&Y behyw.
8as&J on our understanding of the thWi1ab and i4entifd the pnncipal risk5 of
non-complian wilh laws and regulatS related to bs of employment Ivw, data protection and
anti-bribery and corruptn legislatb)n. and V•E considw&J the extent to whth non
REPORT OF THE INDEPENDEpif ALItXTORS TO THE MEMBERS OF CENTRE FOR THE ACCELERATION OF SOCIAL TECHNoL(y Use of our report This report is m•Je sokty to the charitth Oxry)aS rwthrs. as a ty. in aoxirdance with Chapter 3 of Part 16 of the Compani8s A(1 2C(. Our alxlit vKMk has uThJertak so that we might stale to the charitab18 comwy's members those maters V•e a wuld lo state to in an artOIS, report and fc no other purpose To the lulw extent pemrtted by I. V•t do not W or assume reSponslIty to anyone other than the charitat4e company and the chant)le Meffl as a tt4Jy. for our aLJrt work. f this fewrt, or forthe opinions have frxmed. itter FCA ISen•)r Statuiory Atvjitcy) frji and on behalf of Imiitter Lvnited St*utory Audit Larch House Parklands Business P Denmead Hanpshi P07 6XP Siii Date". Ip Page 17
CEPrnIE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY STATEME OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 At4RCH 2024 31.3.24 Total fuThJs 31.3.23 fvTrJs funds INCOME AND ENDOWMEprfs FROM DonalKsns and kgacies 119,993 119.993 98.250 Charttable activltl•s Digital deVelopYt 227,164 1.355.701 1.582,865 1.949.529 Total 347,157 1,355.701 1,702,858 2,047.779 EXPENfMTURE ON Rai¥ng funds 21.292 21,292 21,043 charItsb acllvltles Digital capauty devdcyrEnt 774,960 1.443.563 2.218,523 1.998.425 Total 7.252 1.443.563 2.239,815 2.019.468 NEf INCOMEIIEXPENDITURE) 1449.095) 187.862) 1536,957} 28,311 RECONCILIATION OF FUNDS Total funds brought f(wd 622,504 1CQ.CrfyJ 722,504 694.193 TOTAL FUNDS CARRIED FORWARD 173.409 12.138 185,547 722.504 Pa3e18
CENTrE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY BALANCE SHEET 31 MARCH 2024 31.3.24 31.3.23 Notes FIXED ASSETS Tangible assets 13 4.127 4,514 CURRENT ASSETS Debtors Cash at bank 14 1C6,893 308,808 710,375 494,664 1.019.183 CREDITORS Amounts falling due within one year 15 1313,2441 1301,1931 NET CURRENT ASSETS 181420 717 990 TOTAL ASSETS LESS CURRENT LIABILITIES 185.547 722,504 NET ASSETS 722,504 FUNDS Unrestricted funds Restncted funds 17 173,409 12.138 622.504 TOTAL FUNDS 185.547 The financial ststements were approved and authorised for issue by the Board of Trustees and authorised for issue on 24 September 2024 and were signed on its behalf by.. Ms E Thomas - Trustee The notes fom part of these financial stateff£nts Pe 19
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY CASH FLOW STATEMENr FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 Ncrtes Cash flo from opernting activili¢s Cash generated fK¥n cperatK)ns (320.998) (108,569) Net used in operth'rwJ tr4rt (320,998) {108.569) Cash flovS from investlng actlvitios Purchase of tangible fixed assets Sale of tangible fixed assets (2,166) (4.232) Net cash used in Insng (1.fgX) {4,232) Change In eash and cash equlv•lents In the reportlng rIOd Cash and cash equivalents at the beglnnlng of the reporting perlod (322.6041 {112,801) 710.375 823,176 Cash and cash equlvalents atthe end ofthe Teportlng wlod 387.771 710.375 P4e 20
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 IL4RCH 2024 RECONCIUATION OF NEf {EXPENt#TUREPINCOME TO NET CASH FLOW FROM OPERATING ACTivmES 31.3.24 31.3.23 Net (expendlturelllnc¢)me for the rewtlng WKXI (as per th• Statsment of Flnanclal Actlvltlesl Adlustments for. Depreciati'on charges Lo55 on dsspx81 of fLxed assets D&reasellirKreasel in deL*(xs Increase in credrto I,957) 28,311 1.410 1,216 201,915 12.051 1249,003 110,907 Net cash used in opornlions (320,998 {108,9) ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash fflry4V At 31.3.24 N8t ca$h Cash al bank 710.375 (322,6041 387.771 710.375 {322,6041 387,771 Total 710.37S {322,6041 387,771 Page 21
CEPfflIE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY PK)TES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POUCIES Bag18 ol preparfng the financial statements The financial statements of the charIlab ojnpany, whth is a publ benefft entty under FRS 102. have Èeen pteparej in accordance with the Charths SORP IFRS 1021 'Accounting and Reporting by Chanties.. Stwnerrt of Reuy7¥rnded Pr&tts applb to chanties prepariThJ thwr accounts in a¢an wth the Finaroal Reptht'ng &dard appItsb in the UK and RepublK of IreLand IFRS 1021 leffe¢tNe 1 January 20191., FinarKial ReKJtng Standard 102 The Finawal Remrwj Standard applicable in the UK arml Republ of IrelarKf and the Cryry?n Act 2C#)8. The financkql 8tatanenls have been prepared under the h1)ral cost convenkn. GoirvJ concem The financial statements have been prepwgj on a corKem basis as the trustees believe that no material uncetsints exist The trustees haNE consKleryl the W of fvnds hekj and the exp&t level of i1me arhj eyserKlrture for 12 mth$ aLthorising these financ1 statements. The bLgeted income and expeTrJrture 15 suffkierf with the Ivrfel of r¥e$. for the thanty lo be able to o)ntinue as a wng corw. Crltical accounting judgoments and koy sourcgs of es¢im•Oon unc•rtalnty In the applicatKJn of the Charitable cnpanIS oUntIng pdw, the trustee directo may be required to me jUdgnents. e"male$ and assumOKffis abxrt the carying arTr)unt of assets and lthili(Yes that are not re&Jity aPpent frrxn other sources. Tr estimates and assted assunw'ons are based on the historical expnCe aThJ other that COllSKlered to be re18vanL Actual results may drfFer from these estinNates. The estimates and undertying assumpt$ are wewed on an ongoing basis. Revisons lo aCc(n'rj estsmates are raxgnLwJ in the perK¥J in whh the estimate 1$ revised rf the rwsion affects that or in the of the revision and fvtLbre perioJs rf the revisw affects both cuNent and future pN)ds. There are currentty no cribcd estimates jLmJg8nlS requiring dis¢k)su in addrtK)n to the 8ttounts.ng poIleS descritej. Incomè VOlurary IrMe irKluding dCat)nS. gfftts arKI grants that provide re fvnding or are of a general nature are recc3ni vthere there i% element the reLeipt PTctsbb and the arUnt can be measured sufficaent relia)ility. IrKomg uThJer o)ntract or wtre elknt1en to grant fvndirg is subjecl to SP8cffic . the donor spèJfs that tr grnnt or dC(t must ¢)nty be used in future ac(x)untiNJ periods." or . the donor has WTyosed corJith m1 b8 mel bdore the cjwty ha8 unCcdrtnal entitlnefit. reeogniJ on a weN18 basi%. Volunteern and donated sorvic•¥ The value of services Pr( ty vdunleers i8 nct into these tha101 ¥tslerrenls. Vthere gcojs or sepffts tre provhtsj to Ihe chwity as a that woukl noffna1 be purchased from supplErs, ttr4s ntrIbut)n i8 led in fin¥Kia $talents at an estiw based on the value clthe contn"tiuth)n lo charty. Expendsle EendrtUre is rwnised a Ik*ilty is Ir1rJ. ContrxtrA arraNJements are reco3nised a5 ge¢d5 cf servKes are supplied. - Eypendrture on Taisir4J funds are those cosis in altracting vduntary income. - Charrtable ¥lMbes iude expeThJiture to SUEp( the wthr arKI more effedNe use of lechnobjgy lo drive sccial change. Chi8b1e &ttNit include both the direct costs and supwrt continued...
CEKfRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE FINANCIAL STATEMEIITS. conttnued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUIMNG POUCIES . continued Expend . Supwt costs irdude central fur£ticts and gcwemm cclsts and have been aknxalèd lo Fr0Verable VAT All sourceS eypended classiw urbjer headirvJs that aggregate all related to tho eategory. Irrecoverabk VAT bs chwged against the category of resouros eIthJ for whth il was incuired. Grants offered s(knJ'ecl to coThJithMs which been met at the yew end date are ncrted as a tmItMent but xcrued as eypendrture. Tanglble Ilxed assets Depreciat 1$ pwded at the annual rntes Ni ordtt to write ¢)ff exh asset over its estimated useful lrfe. Plant and mh . 33% on c£6t IndNwJual assets rjjsting £5fy) or nbxe are wrtalwJ. Taxatl¢)n Fund actountlng unrestn.cted fijnds can be ith Ihe charitth ot¥th8s at the discretion of the truslees. Restrict funds can onty be used for pkn%l8r restr•X&J purposes within the OLI" of the chanty. Restrictions arise wn by dc or when fur$ are for particu13r Te5tricted pu[FSe$. Further gxpian)n of the nature aTrJ purpose of eh fu1 is Ile in the notes to the financi81 stments. Hire purchase and leasing ¢ommltments Rentsls paKI under operating kses are chwged to the stat&1 of FIN911 AthMts on a straight line basis over the FerKMI of the Se. Pension costs and oth•r p¢tl1ment benefits The charilable CLJrpany oFerates a defirlj contributDn pen%on scheme. Contribubons payable to the charitable companls pen&on sd*me are charged to the Ststwwil of Financial AfAiwts in the parK to which relate. Page 23 contin...
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE FINANCIAL STATEMEKfs. continued FOR THE YEAR ENDED 31 PIARCH 2024 DONATIONS AND LEGACIES 31.3.24 31.3.23 119,993 98,250 INCOME FROM CHARrrABLE ACTMnES 31.3.24 31.3.23 Grants 1.403,164 179,701 1,726.1C6 223,423 Digrtal capaaty de 1.582,865 1,949.529 Grants leNed. included in the abfft. •E as k4kMs: 31.324 31.3.23 Refugee Aet Paul Hamtyn FourKla Esmee Fairbaim Cty Bridgo Trust The Nationd Lottery Convnunty Calyst 14A63 220,000 15,000 230,800 593,736 8,333 230,000 220,000 2(,000 S(,t(lo 265,000 260,823 21,122 2.500 5.000 13,328 Sport EnglarKI Tmles Foundt Yapp charrtab trust Tudor Trust The Disrupt Fcwnd# Joffle Pcmw lo Ch 30.177 2.500 255,738 10,500 25,250 1,403,164 1,726.1C6 RAISING FUNDS Ralsiw donatlons a1 legacles 31.3.24 31.3.23 Staff costs 21.292 21.043 Page 24 conl#iued...
CEIffiIE FOR THE ACCELERATION OF SlAL TECHNOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlTrued FOR THE YEAR ENDED 31 MARCH 2024 CHARITABLE ACTMTIES COSTS Grant fuThJing of Dirtct Costs (see (see ncAe ne 61 7} Suppc¥t costs (see ncle 81 Totals Digital capaaty deh) 1.515.157 328,445 374.921 2.218.523 DIRECT COSTS OF CHARITABLE ACTivmES 31.3.24 31.3.23 Staff costs SubcontractCrfS Travel and SLtbsisterKe Other direc casts 452.675 945.417 13,583 103.482 468,294 1.043.030 9,070 29,749 1,515,157 1,550,143 GRANTS PAYABLE 31.3.24 31.3.23 'gitsl eapauty devdowp 328,445 114.438 Th8 total grants paKI to institu1k$ duriTrJ the year vrds as follx: 31.3.24 31.3.23 Kingston Voluntsry Act Rel- Expkxe Deloitte DKJitsl Connect We Catatysts C 15.000 14.438 85.000 108.( 130,385 328,445 114,438 Comic Relief- Explorn 41 grantees applEd and weived grant fuTrJiro for the exwcrte prcgranTh in 2020r21 and 2021r22 with S further grants p•J duriw 2022r23. Deloitte Dwital Connact This prOgraMn run in parb)ership with Ddoitte UK. Tcwher we supported 28 charty drtaI lewJ$ lo learn and g through a SUPKth offer. This offer hdEed them learn and apply ne•V skills and prxtKes lo their own dvJital prr4&Xs. The suppcrft induded.. Mentoring and trOUbSh(m)tlng on thetr prcy IDelp4wed by ovw 30 Dekllte UK volunteer dKJital expets via 52 one4(Fone calls). Group training Sessi$. 24 on dKJrtal and des¥n prth {delred by t)ekne UK and CAST) Peer supwt sessions". 14 pew sup¥)1 and Lunch & Lewn $S1on$. IDdNered by CAST) SeW.seNe supwt: over 1fM) d¥Jrtal resowLX sharell with digital leads Page 25 ntinued...
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE FINANCIAL STATEME1-¢OntlnU0d FOR THE YEAR ENDED 31 MARCH 2024 SUPPORT COSTS Govemance Totals Digital capaoty devekjWt 368.C61 374,921 Supp)rt CpJsts, itxtudeJJ in tre atJNt. are a5 Manag¢mgnt 31.3.24 Digrtal cawty Total development &tivrt 31.3.23 Wages Social security PertSiQ Rent Tehone Postage and StatY Sundries Equipment repaws and Software and lieence expa Administration serv Bank charges Training ProfessJrbal fees 8ocJ(wng and payrdl fee5 Rruitment costs Depre 0ftangib and tsril•Je assets Loss on Sa oftarVJl fixed assets 279,756 30.133 13,791 5.534 242,517 31,804 12,592 5,835 540 378 1,302 459 7.200 11,088 371 76 21,969 1,351 5.111 3,3 2,834 6¢XI 4.186 2,160 2.235 2.399 1.410 583 1.216 368,L%1 326,607 Govemancè costs 31.3.24 Digital 31.3.23 Total deVelOpnI actiwt Audit5. remuneTatw)n Auditors. neat)n for n( a111 6,324 160 40 Legal f&s 13 7,237 Page 26 continued...
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE RNANCIAL STATEMENfs . conllnued FOR THE YEAR ENDED 31 PAARCH 2024 NET INCOMEI(EXPENmlRE Ngt incomd(expenditure} is Stat after Charg1{CrejJ}. 31.3.24 31.3.23 Auditors, remunerati( Taxation compliance ser4K£s 6,324 1.410 1,216 5,835 Otrr operth.ng leases Dit on dispwl of fued assets 583 10. TRUSTEES. REMUNERATION AND BENEFITS Lrirwj year notrusts 1ved nuneTrkn frcrfn the tharrtab18 cLYnwy131.3.23: £nill. Trustees. expens•s [rir the year one trustee 131.3.23'. no trusteg) rewrtwrs&J eypgnses by the chaity for travei lotslling £121131.3.23.. £nill. 11. STAFF COSTS 31.3.24 31.3.23 Wages salaries Social security u>sts Olher pensK)n cc61s 688.578 73.551 35,518 672,926 70.OC6 33,318 797.647 776,250 The average mnthty nber ofempws durirvJ ts yewwas as folbws: 31.3.24 31.3.23 Charitab SuFPOrt 11 11 The numter of eThpbyees wth05e beneffts lexduding Fen9 costs} exce*J £60,000 was.. 31.3.24 31.3.23 £60,CN)1- £70,OC(J £,[)1- £100.000 Pag8 27 continued...
CENfRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE FINANCIAL STATEMEpifs- contlnued FOR THE YEAR ENDED 31 MARCH 2024 12. COMPARATIVES FOR ThE STATEME1 OF FINANCIAL ACTMTIES UnrestrKed Reslrictvj fvn¢ts ftsnds Total funds INCOME AND ENDOWMENTS FROM t)onations and legacs 13,250 85,CiJJ 98,250 Charltable acllvltleg Digital cap* devekffl 480,378 1,469.151 1.949,529 Total 493.628 1,554.151 2.047,779 EXPENDITURE ON Raigng funds 21.043 21,043 Charitsble activitses Digital capa¢ity developm& 529,836 1,468.589 1,998,42S Totsl 550.879 1.468.589 2,019,468 NEf INCOMEI(EXPENDITU Trjnsfgrs bgtwwn funds (57.251) 18.938) 85,562 8,938 28,311 movement in funds {e6,189) 94.500 28,311 RECONCILIATION OF FUNDS Totsl funds brought fcrfward 688.693 5.500 694.193 TOTAL FUNDS CARRIED FORWARD 1,0) 722,504 13. TANGIBLE FIXED ASSETS Plant and mxhinery COST At 1 Apth 2023 Addi(ions DisrM)sals 8,261 2,166 1.7091 At 31 hAarch 2024 8.718 DEPRECIATION At 1 April 2023 Charge for year Eliminabl on dtsposal 3,747 1,410 () At 31 March 2024 4.591 NET BOOK VALUE At 31 March 2024 4.127 At 31 March 2023 4.514 Page 28 continued...
CENTrE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY IK)TES TO THE FINANCIAL STATEMETr- contlnu•d FOR THE YEAR ENDEO 31 MARCH 2024 14. DEBTORS: AulrS FAWNG DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade debt S8,0 48,893 52,800 2Sfj,008 1C6,893 308,808 15. CREDITORS: Amoupifs FALUNG DUE WITHIN ONE YEAR 31.3.24 31.3.23 39.328 102,383 VAT otr credrtors 228.(68 1,010 313,244 301.193 Deferred income 31.3.24 31.3.23 Baknce brought fordId mount rel&ise to incorrung resourc85 Amount deferr&J in the year 13,243 113.243) Balance carried fcfiwwd 16. ANALYSIS OF NET ASSETS BEfwEEN FUNDS 31.3.24 TLXal funds 31.3.23 Total frjnds frjnds nds Fixed assets Cufrent assets Current liabilrt 4.127 482,526 (313,244) 4.127 494,664 1313.244} 4,514 1,019.183 1301.193) 12.138 173.409 12,138 185,547 722.504 Page 29 rminued...
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE FIIIANCIAL STATEMENTS. continuod FOR THE YEAR ENDED 31 MARCH 2024 17. MOVEMENT IN FUNDS At 31.3.24 At 1.4.23 in fvnd$ Unrostridod funds Ger*ral funds 622,504 1449,0951 173,409 Restricted funds Cty Bridge Trust Power to change 11XI,CK#) (100,(MIOI 12.138 12,138 1C(I.(M)) (87.862 12,138 TOTAL FUNDS 722.%)4 1536,9571 185,547 in fvnds. indud&J in the atr we as fc4kMs." Inccffiing Resour Movement resources expended in funds Unrnstrktod fvnds General funds 347.157 17%,252) (449,095) Paul Hamtyn Foundabon Cty Bridge Trust TNLCF- Gr¢Mng Great Id Spfxt England The Disrupt FoundatN Power lo change 220.000 230.8(K) 593.736 30.177 255.738 25.250 1220,000) 1330,800 1593,736 130,177 1255,738) 113,112) (100.000) 12.138 1.355.701 11,443,563) 187,862) TOTAL FUNDS 1.702,858 12,239.815} 1536,957) Comparatives for movement In funds Transfe At 31.3.23 At 1.4.22 in fuThJs fvnds Unrestricted funds 688,693 (57,251 } (8.9381 Restrlcted funds City 8[ge Trust COM Rdief. Expjr 1LKI.O 114.438) 1(M).(x)o 8,938 85.%2 8,938 1OJ.000 TOTAL FUNDS 694.193 28.311 722.504 continued...
CENTRE FOR THE ACCELERATK)N OF SOCIAL TECHPIOLOGY NOTES TO THE FINANCIAL STATEMENTS.unth)ued FOR THE YEAR ENDED 31 MARCH 2024 17. MOVEMENT IN FUNDS- continwl ComparatNe Move in fvnds. irhthded in the WE as Irthming Re50urces MoNEment resour expendwj in fvnds Unrnslrlcted funds General funds 493,8 1550.879) 157.251) Restricted funds Paul Hamtyn FoundatL Cty Bridge Trust Rel. Expye Fiddty Ddoitte DvJtsl ne¢1 TNLCF. GrowirvJ Great kleas Sport England The DIY FouThJatw)n 230.0 2C(J,O (230,C(JOI (100,OJOI (14,4381 (265,CQOI {85,0) (500,CthI (260,8231 (13,3281 1,( 114,438) 85,000 S,000 260,823 13.328 1.554.151 {1,468.5891 85,562 TOTAL FUNDS 2,047.779 12,019,468) 28,311 Paul Hamlyn Foundatlon This grant is to supw1 the ¢J)ntNiued devekwtwrt of the Catatyst. Spthalty, it WI enable the Catstysl to gaanISe a cr05s4ector networt in PTOVKlirMJ drtaI SUFWrt to voluntary aThJ charitable organisaiions across UK The Nadonal Lottffji Communlty Fund Icalafyst) This fundiro frcm TNLCF was pThidèJ so that the Catatyst nthork Uld wntinLE to help cNil society organIsat$, induding small and medium sized groups. embed dvjrtal across their pradice, reSpd to tr nJs (A usMs. be nKrfe resilient in the kn oftechnobgul change. Clty Brklge Trust This grant was provKJed tcmards the London eknnts 01 the eontinuing devekynent of the Catatyst nehyotk, whth will make CMI more rlient by errb&Jding dlIa1 in their Straty, semces and govemance. The Nalk>nal Lottery Communlty Fund (TNLCFF Ser Funding lo complent the af0rne EDA to pwde dhjilal, dala aThJ design 5eNices 10 support nonwoffts as part of The Natnal Ldtery Ccrfrwnunty Fund aThJ Catalyst Digital Comd Comic Rellef . Explor• Earty stage dpjital funding ard talk suKJt to h expbye dvJrtal 5wwce delwery challenges and protctype solutJns. D(tt• Dyital Cmnect This programme was a ne paship wrth Dehjitte UK. TcJether we supported 28 charty digital lo leam and thrwh a muttrformgj SUFPYI offer. This ¢)ffer hdF¢d th and app nthy skills ar piths lo their own d•Jrtal prCts. Sport England This gnt is to deSn and delNer an Innovatwjn and DvJrtal Alerator to Supwt Sport Nat1 GovemirrfJ BcJies lo amplfy thr l&JY ambItnS assc¢thJ with the &'miingham 2022 Ccthmomveatth Games. The grdfrt enabled CAST lo SUFWrt and resources frjr NGBS and Ihg wKJer srtiting sectorto tT use of dutsl. dala and dwn. Pa9e 31 conbnued...
CElmlE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 IMRCH 2024 17. MOVEMENT IN FUNDS- continued Disrupt Foundatlon This grant is lo deveky a scaLAe and reusth digital plv¢t set of digital products) trÈat ca support CMC society organisions to Overc sha1 Chal in providing better a¢$, 5UPPOrt and seNices to mvjrants aNI Ie seekn'NJ asylum. Power to Change Our cmunrtY Expkne vramMe SUppted 20 LyJrThnunty businesses ¢Mr six monlhs to defve into Communty Ttth usiro a uw-eentred. lest41ri1 desvJn approxh. Thi8 work was part of the Power to Chawe thscaw FurKI. 18. EMPLOYEE BENEFIT OBUGATIONS The Charitab company operates a defin&J ContrK)n pwsion heff. The pension costs charge represents Contributn$ payable by chanlth oyry)any to this schm and amounted to £33,318 131.3.23.. £37,752) There was £10,224 of outstantlirg contribultjns at 31 March 2024 131.3.23. £8,W391. 19. RELATED PARff DISCLOSURES There Vlere M reW paty tsthe Year8 31 kIrCh 2024131.3.23." none). 20. ULTIMATE CONTROLUNG PARTY The charitable cnn¥)ary ts und¥ the oyrtrol of ts mbe15. No membw has control of the chantable ccfflpany. Pa98 32