## 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<br>reference||
|---|---|---|
|Summary of the purposes of the<br>charity as set out in its governing<br>document|Para 1.17|To educate the public to the impact of<br>artificial intelligence on the future of work.|
|Summary of the main activities<br>in relation to those purposes for<br>the public beneft, in particular,<br>the activities, projects or services<br>identifed in the accounts.|Para 1.17 and<br>1.19|Publishing of content to support the<br>articulation of primary arguments aligned to<br>the education of the public to the impact of<br>artificial intelligence on the future of work|
|Statement confrming whether the<br>trustees have had regard to the<br>guidance issued by the Charity<br>Commission onpublic beneft|Para 1.18<br> <br> <br>|The trustees can confirm that they have regard for<br>the guidance (PB1) relating to public benefit and<br>confirm the ESF has met the guidance.|



## Additional information (optional) 

You may choose to include further statements where relevant about: 

||SORP<br>reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social investment including<br>program related investment|Para 1.38||
|Contribution made by volunteers|Para 1.38||
|Other|||



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## Achievements and Performance 

||SORP<br>reference||
|---|---|---|
|Summary of the main achievements<br>of the charity, identifying the<br>difference the charity’s work has<br>made to the circumstances of its<br>benefciaries and any wider benefts<br>to society as a whole.|Para 1.20|The primary object of the ESF is to provide<br>education to the public on the impact of<br>artificial intelligence on the future of work.  To<br>this end, members of the ESF have published<br>articles debating the topic on global media<br>platforms such as forbes.|



## Additional information (optional) 

You may choose to include further statements where relevant about: 

||SORP<br>reference||
|---|---|---|
|Achievements against objectives set|Para 1.41||
|Performance of fundraising activities<br>against objectives set|Para 1.41||
|Investment performance against<br>objectives|Para 1.41||
|Other|||



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## Financial Review 

||SORP<br>reference||
|---|---|---|
|Review of the charity’s fnancial<br>position at the end of the period|Para 1.21|During the period 8/7/19 to 7/7/20 the charity<br>had no revenue, no costs and had no assets|
|Statement explaining the policy for<br>holding reserves stating why they<br>are held|Para 1.22|No reserves are held as the trustees believe the<br>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<br>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<br>about the charity continuing as a<br>goingconcern|Para 1.23|The trustees know of no uncertainties that<br>would impact the ESF  such that it could not<br>operate as a going concern.|



## Additional information (optional) 

You may choose to include further statements where relevant about: 

||SORP<br>reference||
|---|---|---|
|The charity’s principal sources of<br>funds (including any fundraising)|Para 1.47||
|Investment policy and objectives<br>including any social investment<br>policy adopted|Para 1.46||
|A description of the principal risks<br>facing the charity|Para 1.46||
|Other|||



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## Structure, Governance and Management 

|Description of charity’s trusts:|SORP<br>reference||
|---|---|---|
|Type of governing document<br>(trust deed,royal charter)|Para 1.25|CIO Constitution|
|How is the charity constituted?<br>(e.gunincorporated association,CIO)|Para 1.25|CIO|
|Trustee selection methods including<br>details of any constitutional<br>provisions e.g. election to post<br>or name of any person or body<br>entitled to appoint one or more<br>trustees|Para 1.25|Trustee selection as defined in the constitution<br>requires individuals to have appropriate skills,<br>knowledge and experience for the effective<br>administration of the CIO.  Appointments are<br>made by resolution passed at a convened<br>meeting of trustees|



## Additional information (optional) 

You may choose to include further statements where relevant about: 

||SORP<br>reference||
|---|---|---|
|Policies and procedures adopted for<br>the induction and training of trustees|Para 1.51||
|The charity’s organisational structure<br>and any wider network with which<br>the charityworks|Para 1.51||
|Relationship with any related parties|Para 1.51||
|Other|||



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## 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<br>CR2 7BN|



## Names of the charity trustees who manage the charity 

|Trustee name|Office (if any)|Dates acted if not for<br>whole year|Name of person (or<br>body) entitled to appoint<br>trustee(if any)|
|---|---|---|---|
|Calum Chace|Chair||Trustees|
|Julia Begbie|Trustee||**Trustees**|
|Edward Charvet|Trustee||Trustees|
|Radhika Chadwick|Trustee||Trustees|
|Charles Radclyffe|Trustee||Trustees|
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## 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<br>year||
|---|---|---|
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## Funds held as custodian trustees on behalf of others 

|Description of the assets held in this<br>capacity|NA|
|---|---|
|Name and objects of the charity<br>on whose behalf the assets are<br>held and how this falls within the<br>custodian charity’s objects||
|Details of arrangements for safe<br>custody and segregation of such<br>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 

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## 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 

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The Economic Singularity Foundation Charity Number: 1184317 

Income and Expenditure Statement 8th July 2019 to 31 Dec 2020 

||Income|Expenditure|
|---|---|---|
|Income<br>Fees<br>Gifts<br>Donations<br>Total<br>Expenditure<br>Payments<br>Services<br>Salaries<br>Total<br>Total|-<br>£<br>-<br>£<br>-<br>£|-<br>£<br>-<br>£<br>-<br>£|
||-<br>£||
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||-<br>£|-<br>£|



