Section C: Notes to the accounts Trustees’ annual report for the period
Period start date 0 8 0 7 1 9 Period end date 0 7 0 7 2 0 Charity name The Economic Singularity Foundation Charity No 1 1 8 4 3 1 7 (if any)
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To educate the public to the impact of artificial intelligence on the future of work. |
| Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts. |
Para 1.17 and 1.19 |
Publishing of content to support the articulation of primary arguments aligned to the education of the public to the impact of artificial intelligence on the future of work |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 |
The trustees can confirm that they have regard for the guidance (PB1) relating to public benefit and confirm the ESF has met the guidance. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers | Para 1.38 | |
| Other |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
2 of 8
Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | The primary object of the ESF is to provide education to the public on the impact of artificial intelligence on the future of work. To this end, members of the ESF have published articles debating the topic on global media platforms such as forbes. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Achievements against objectives set | Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
3 of 8
Financial Review
| SORP reference |
||
|---|---|---|
| Review of the charity’s fnancial position at the end of the period |
Para 1.21 | During the period 8/7/19 to 7/7/20 the charity had no revenue, no costs and had no assets |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserves are held as the trustees believe the ESF does not require them. |
| Amount of reserves held | Para 1.22 | No reserves required |
| Reasons for holding zero reserves | Para 1.22 | The ESF runs no financial exposure that the trustees feel warrant reserves to be held |
| Details of fund materially in defcit | Para 1.24 | The ESF has no material deficit. |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | The trustees know of no uncertainties that would impact the ESF such that it could not operate as a going concern. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
4 of 8
Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | CIO Constitution |
| How is the charity constituted? (e.gunincorporated association,CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustee selection as defined in the constitution requires individuals to have appropriate skills, knowledge and experience for the effective administration of the CIO. Appointments are made by resolution passed at a convened meeting of trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charityworks |
Para 1.51 | |
| Relationship with any related parties | Para 1.51 | |
| Other |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
5 of 8
Reference and Administrative details
| Charity name | The Economic Singularity Foundation |
|---|---|
| Other name the charity uses | NA |
| Registered charity number | 1184317 |
| Charity’s principal address | 12 Winchelsey Rise CR2 7BN |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|
| Calum Chace | Chair | Trustees | |
| Julia Begbie | Trustee | Trustees | |
| Edward Charvet | Trustee | Trustees | |
| Radhika Chadwick | Trustee | Trustees | |
| Charles Radclyffe | Trustee | Trustees | |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
6 of 8
Reference and Administrative details (cont)
Corporate trustees – names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|
|---|---|---|
Charity Accounts templates – Trustees’ annual report for the period
October 2016
7 of 8
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
NA |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
|
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Charity Accounts templates – Trustees’ annual report for the period
October 2016
8 of 8
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) E Charvet Edward Charvet Full name(s)
Position (eg Secretary, Secretary Chair, etc)
21/11/2020 Date
Charity Accounts templates – Trustees’ annual report for the period
October 2016
The Economic Singularity Foundation Charity Number: 1184317
Income and Expenditure Statement 8th July 2019 to 31 Dec 2020
| Income | Expenditure | |
|---|---|---|
| Income Fees Gifts Donations Total Expenditure Payments Services Salaries Total Total |
- £ - £ - £ |
- £ - £ - £ |
| - £ |
||
| - £ |
||
| - £ |
- £ |