Trustees’ Annual Report for the period
From 1[st] January 2022 Period start date To 31[st] December 2022 Period end date
Charity name: The Economic Singularity Foundation
Charity registration number: 1184317
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 AI on the future of work |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified 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 confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
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 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 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits 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:
| 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 |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of theperiod |
Para 1.21 | During the period 1/1/22 to 31/12/22 the charity had no revenue, no cost 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 deficit |
Para 1.24 | The ESF has no material deficit. |
| Explanation of any uncertainties about the charity continuing as a going concern |
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:
| 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 |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Constitution |
| How is the charity constituted? (e.g unincorporated 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:
| 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 charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charityname | TheEconomic SingularityFoundation |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1184317 |
| Charity’s principal address | 12 Winchelsey Rise, CR27BN |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Calum Chace | Chair | Trustees | ||
| Julia Begbie | Trustee | Trustees | ||
| Radhika Chadwick | Trustee | Trustees | ||
| Charles Radclyffe | Trustee | Trustees | ||
| Edward Charvet | Trustee | Trustees | ||
– 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 Name Address adviser Name of chief executive or names of senior staff members (Optional information) 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 9th Aug 2023
The Economic Singularity Foundation Charity Number: 1184317
Income and Expenditure Statement 1st Jan 2022 to 31st Dec 2022
| Income | Expenditure | |
|---|---|---|
| Income Fees Gifts Donations Total Expenditure Payments Services Salaries Total Total |
- £ - £ - £ |
- £ - £ - £ |
| - £ |
||
| - £ |
||
| - £ |
- £ |