
## **Trustees’ Annual Report for the period** 

## **From  1[st] January 2021  Period start date   To 31[st] December 2021 Period end date** 

## **Charity name: The Economic Singularity Foundation** 

## **Charity registration number: 1184317** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|**To educate the public to the impact of AI on**<br>**the future of work**|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>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 confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|**The trustees can confirm that they have**<br>**regard for the guidance (PB1) relating to**<br>**public benefit and confirm the ESF has met**<br>**the guidance**.|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other 



## **Achievements and Performance** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>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.**<br>**To this end, members of the ESF have**<br>**published articles debating the topic on**<br>**global media platforms such as Forbes.**|



**Additional information (optional)** You may choose to include further statements where relevant about: 

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





## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of theperiod|Para 1.21|**During the period 1/1/21 to 31/12/21 the**<br>**charity had no revenue, no cost and had no**<br>**assets.**|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|**No reserves are held as the trustees believe**<br>**the ESF does not require them.**|
|Amount of reserves held|Para 1.22|**No reserves required**|
|Reasons for holding zero<br>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<br>deficit|Para 1.24|**The ESF has no material deficit.**|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|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: 

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



## **Structure, Governance and Management** 

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



## **Additional information (optional)** You may choose to include further statements where relevant about: 

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



## **Reference and Administrative details** 

|Charity name|The Economic Singularity Foundation|
|---|---|
|Other name the charity uses|N/A|
|Registered charity number|1184317|
|Charity’s principal address|12 Winchelsey Rise,<br>CR27BN|
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## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year **|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Calum Chace|Chair||Trustees|
||Julia Begbie|Trustee||Trustees|
||Radhika Chadwick|Trustee||Trustees|
||Charles Radclyffe|Trustee||Trustees|
||Edward Charvet|Trustee||Trustees|
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## – 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** 



## **Funds held as custodian trustees on behalf of others** 

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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**<br>**adviser**<br>**Name**<br>**Address**|**Type of**<br>**adviser**<br>**Name**<br>**Address**|**Type of**<br>**adviser**<br>**Name**<br>**Address**|
|---|---|---|
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|**Name of chief executive or names of senior staff members (Optional information)**|||
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## **Exemptions from disclosure** 

Reason for non-disclosure of key personnel details 

**ESF has no key personnel.** 

## **Other optional information** 



## **Declarations** 

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

**Signed on behalf of the charity’s trustees** 

> **Signature(s)** _Edward Charvet_ **Full name(s)** Edward Charvet **Position (eg Secretary,** Secretary **Chair, etc) Date** 20th Sept 2022 



The Economic Singularity Foundation
Charity Number: 1184317
Income and Expenditure Statement
1st Jan 2021 to 31st Dec 2021
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