THE CHARITY EXCELLENCE FRAMEWORK Annual Report and Financial Statements Year ended 31 October 2023 Registered Charity 1195568
The Charity Excellen Framework Annual Report and Financial Statements 31 October 2023 Contents Page Admlnistr3tive detalls TfUStees' Report Independent Examinees Report Statement of Financial ActNltSes Balance Sheet Notes to the Financial Statements 9-11
The Charity Excdlence Framework Annual Report and Hnancial Statements 31 October 2023 Administrative details Name ofcharity The Charity EInCe Ffarnework Regirtered tharity number 1195568 TTUStees Mr Jonathan Badger (Chairl Mrs Josephbne Mann Ms Marie Davies M5 Sarah Swaysland fleg1rted offlce 14 Blackmore Gate Bucks HP22 5 Bankers Barclays 8ank
The Charrty Excellence Framework Annual Report and Financia5 Statements 31 October 2023 T$ Reportfor the ended 31 October 2023 Aims & Acll¥ltles The charlty provides a comprehensive on-line platform that enable5 UK charities and not-for-proflt organlsations to find the funding. resources, help and data they need to deliver services to their beneficiaries and to improve their govemano and financial stewardshlp At the yeaf end, Charity Excellence had 40.C members. growing at a rate of over 2.0 a month. makin8 It the largest and fastell growing UK charity communlty. Over the year, monthly website traffic grew from 35,CKQ to 52,CKJO. Together. the charrty members o Charity Excellenco support more than 10 million beneficiaries. In 2022123. Charity Excellence began to position itself as a leader In the application of Artificial Intelligence IAII in the charity sector. In previous year5. Chartty Excellence has provided comprehensive support for charities In resp)nse to the Cost-of-Living crlsis and tools to address the fundin8 dèficit during the Covid-19 and wJst-Covid-19 years. continues to resnd to changes in pollcy and to issues and developments in the charity sector. We are a registered charity governed by a board of independpnt trusteès who collertNety bring signrficant senior charity and commercial sector expertise afid from variou5 profe$5ional disciplines. At the year end, we had four tru5tees'. Jonathan Bad er {Chalrl hine Marie Davies Sarah Swa 51and A fifth trustee, Drles de Coster, stood down during the year. The Board and Chief Execut6ve wish to record their gratitude to hlm for the outstanding support he provided whilst a tIU5tee. Fundln£ & Resour¢es Iri the year, we were provlded with pro-tKJno 5UPPOrt by Biomni and donatlons d Pall from Redbrain and the GSR Foundation funding from our commercial partner Acce s UK and Several other donations. Income is used to remunerate our founder/chief execuknve with a modest salary, and to pay for development resources to work alongsi(te him. We wish to thank all our funding or¥anisations which have enabled us to continue to provide our platFomi free of th•rge to members. And we want to thank our Chief Executive forthe lon8 hours worked and unerrin8 focus on the needs of Charity Excellence member5.
The Charity Excellence Framework Annual Report and Financial Ststements 31 Ortober 2023 We enter Financial Year 2023124 with a higher level of 8uaranteed funding than In prev50us years. offering the stability needed to operate the platfomi and providing the basls for building our existing income streams and bringing new funding onboard. Charity held the bank reserye5 of £64,308 at the end of the period. 31 October 2023. The Trustees considerthat there a no material uncertaintie5 about the ¢hariV5 ability to continue a5 a going concern. Malor Athlevemerts WW23 The past year has been a period of significant achievements: "Al Bunnles" and Al Tools: Launched on Christmas Day 2022. our new Artiftlal Intelligence IAII enquiry fxilty- Al Bunnies- can manage up to 120 queries a minute and takes Ltsers to $18nificant parts of the knowledge banks that are rt fully utilised. In March 2023 we launched an Al tool for bid writing and in lune 2023 we Introduced a ChatGPT interface. We expect to continue to develop Al too15 during the next two year5, including an Al concierge service. Our plan to be a sector leader in the use of Al in the charity settor is delivering significant beneftts to charitles. Charfty Sector Data Store- The framework's Charity Date Store grew throughoLrt the year. Bv Ottober 2023, the system's lrfetime stod questionnaire5 total was 18,677, providing a significant store of data with an estirnated number of data points of 485,0. Sertor-wlde Ful16 Cuts". In September 2023. we produced a report on the duOn In fundin8 to the charity se¢tor u5in& information from the Charlty sector Data Store (see above) and suNey data. F4rture Plan5 Our plans for system development 2023124 include: Wldesprvd Al Adoption: The hame55ing of Al in the charity settor is at the centre of our plans for the future. We wlll continue to develop and roll outAI tools. providin8 acces5 to our own Al services, allowin8 Others to delNer e-services, and potentially spinning off or co- cre3t*ng with others. UK Wide CrIty Data Network: We are currentty bulldlng a far more powerful principal dashboard for deployment in 2024. This will enable us to exploit the master data Set far more effettively, and will also give principal system5 to large charities, grant makers, groups of charitie5 and more. Al Contierge Ser¥ice: We plan gradually to bring other provider5 into the system, using Al to grow our reach and to mi¥ratt our remaining 5VStem5 to Al to create ourAI Concier8e Service Thi5 will help to create a single 8ateway to the sertor for anyone wanting to Ljse charity servrces.
The Charity Excellence Framework Annual Report and Financial Statement5 31 Ortober 2023 Trustees Charity Excellence Framework Trustee I Name: Trustee 2 Name..
The Charity Excellence Framtrovo Annual Report and Hnanclal Statements 31 October 2023 Independenl E¥aminefs Report to the TNstee5 For the year ended 31 Ortober 202> I report to the Trustees orb my examination of the accounts of charitable company for the year ended 31 October 2023. Ilesponsibllltles and ba$15 of report The charity Trustees, who are also Dirertors for the purposes of company law, are respun5ible for the preparation of the accounts in accordance with the requirements of the CompanTre5 Act 2)6 'the 2006 Art,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Art and are eligible for indÈpendent examination, I report in respert of my examination of yOLtr charity's accounts carfied out under section 145 of the Charities Art 20111'the 2011 Act'l. In carryin8 Dut my examination I have followed thè Dlrertions given by the Charity Commi$5ion under section 14515}Ibl of the 2011 Act. Independent examlnors statement I have completed my e¥arnination. I confirm that no matters have come to my attention in connection wtth the examlnatlon givin8 me cause to believe that in any material respect: accounting records were not kept In respect of the Company as requlred by section 386 of the 2CX)6 Act: or the accounts do not attord wlth those record5; or 3. the account5 do not comply with the requirements of sectlon 396 of the 21J)6 Act other than any requirement that the accounts give a 'true and fair viww, which is not a matter onsidered a5 part of an independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement ol Recommended Practice for accounting and portIng by charities applicable to charities preparing their accounts in actordance with the Financial Reporting Standard applicable In the UK and Republlc of Ireland {FRS 1021. I have no concerns and have come across no othef matter5 in connection with the examination to which attention Should be drèwn in this report to enable a proper understanding of the accounts tD be reached. Approved on.. 19-02-2025 Haroon Ashtaqi FCCA
The Charity Excellen Framework Annual Report and Financial Ststements 31 October 2023 Statement ol FIrn(la1 Arti¥lil¥ (Indudln8 Summary of Income & Exwditure AccouTrtl Year Ended 31 October 2023 UnresW Restrlrted Total Funds Funds Funds Year Funds Income from: Donations 63,267 6,622 63,267 6.622 18,665 2.587 Other 69.889 21,252 Expendltures on: Raising Fund5 Charltable Activities 13,S67 13.567 16,866 Others 13.567 13.567 16,866 Ntt brtome l {EMpendlturel 56J22 56x2 Recondllatlon of Funds: Total Funds Brought Forward 4,386 4.386 Total Funds CarrFed Forward
The Charity EKcellence Framework Annual Report and Financial Statements 31 October 2023 Balance Sheet A5 at 31 Ortober 2021 31-Oct 2023 314Jct Cash at Bank 4.386 Current knabilitse5 & ktyuals Total Net Asset5 Restricted Funds Unre5trirted Funds 60,708 4,386 4,386 The charity wa5 entitled to exemption frorn audit under Charltles Act 2011 and trustees have not required the rharity to obtsin an audit In accordance with Charfties Art 2011. The trustees acknowledge their resnSibIlItieS fof complying with the requiTements of the Charity Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to Charrties. The aceounts were approved by the Trustees o 2025 and signed on their behalf by.- Trustee I Trustee 2
The Charity Excellence Framework Annual Report and Flnancial 5tstements 31 October 2023 Notss tothe financlal statements Basls ol prnparallon These accounts ha¥* been prepared underthe historical cost convention with items tQ8nised at cost or transartion value unless otherwise stated in the relevant note to these accounts. The accounts have been prepared in accordance wlth: the Stètemerlt of Recommended Practice: Accounting and Reporting by Charities preparing their a¢counts in accordènce with the Flnanctal Reportsng Stsndard applicable in the UK Jr Republic of Ireland IFRS 1021 issued on 16 July 2014 Ithe Charrties 50RPI,- and the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland IFRS 1021,. The Charitie5 Art 2011. The Trustees consider that there are no matrrial uncertaintie5 related to events or conditions that cast signifKant doubt on the charity's ability to continue a5 a going concern. No material prloryear error ha5 been identified in the reporting period. Acu•uMiw pollcles Incon Income is included in the Statement of Financial Activlties when the charity becomes entttled to the resources, it is more likely than not that the trustees will receive the resour$ and the monetary value can be measured wrth suffiuerlt reliability. Performante related 8rènts are recognised to the extent that the diarity has provlded the specified goods or Servi5. It Is not practical to value the monetary value of donated time. Expenditure ond liobillties Liabilities are tOgnIsed whefe it is more likely than not that there is a legal or constriictive obligation commltting thÈ charity to pay out resources and the amount of the otlsation can be measured with reasonable certainty.
The Charity Excellen Framework Annual Report and Rnancial 5tstements 31 October 2014 Intomin Unrestritted funds; Charities Trust 30.oc 25,OC 8.267 6,622 The GSR Foundatloft Other Donations Advertisement Income 69.889 Restricted Funds Total Funds 69 Charitable ActNities: IT and Softwa Independent Exaffliner Accountsncy12022 & 20231 Professional IAlumna Ltd) 7,967 13567 Current iiabllltles: Credltors lalllr¥ due wlthln one year 2023 2022 Loan & 0rdraft Other Creditors & accruals io
The Charity EXllenCe Framework Annual Rep)rt and Finandal statements 31 Ortober 2023 Balance at Start Bakn¢e as •t 310rt 2023 InTre Oirtgolnffs Unrestricted Funds 69 (13,5671 60.708 RestriLted Funds 4,386 69.889 (13.5671 60.7( The Charity has no employees and, therefore, no employee earning in exces5 of £30,(KKJ per annurn. o None of the tn*ees have been paid any remuneratlon or rEceived any other benefrts froffl employment wlth thi5 charlty or a related entity- No trustee expenses have been incurred. li