## **Trustees' annual report for the period** Period start date Period end date **From** 31 07 2024 **To** 31 03 2025 ## Reference and administration details > **Charity name PlanetAI** **Other names charity is known by** **Registered charity number (if any)** 1209345 > **Charity's principal address** Flat 5, 41 Eaton Road Sutton SM2 5EU **Postcode** ## **Names of the charity trustees who manage the charity** |1
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12|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled** **to appoint trustee (if**
**any)**| |---|---|---|---|---| ||Dr Kai Hou Yip|Chair||| ||Prof Giovanna Tinetti|Trustee||| ||Prof Ingo Waldmann|Trustee||| ||Rebecca Coates|Treasurer||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| 1 **Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year** ## **Names and addresses of advisors (Optional information)** |**Names and addresses of**|**Names and addresses of**|**advisors (Optional information)**|**advisors (Optional information)**| |---|---|---|---| |**Type of advisor**
**Bank**


||**Name**
**Address**|| ||**Bank**|Metro Bank|1 Southampton Row, London, WC1B 5HA| ||||| ||||| ||||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Structure, governance and management** ## **Description of the charity’s trusts** Constitution Type of governing document (eg. trust deed, constitution) How the charity is constituted Charitable Incorporated Organisation - (eg. trust, association, company) > Trustee selection methods Trustees are appointed or reappointed on an annual basis at (eg. appointed by, elected by) the annual general meeting held In April. ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: Policies and procedures adopted for the induction and training of trustees The charity’s organisational structure and any wider network with which the charity works - [Relationship with any related ] parties - [Trustees’ consideration of major ] risks and the system and procedures to manage them 2 **Objectives and activities** |**Summary of the objects of**
**the** **charity set out in its**
**governing document**
**Summary of the main** **activities**
**undertaken for the public**
**benefit in relation to these**
**objects**|To provide opportunities for learners to explore and understand space
science (including astronomy and astrophysics) through the lens of
problems that can be solved through the application of advanced
statistical techniques.| |---|---| ||Globally, the Charity organises an annual international data
competition to encourage the development of innovative solutions for
challenges faced by the space science community. These data
challenges provide a platform for participants to feld test their skill set,
and thereby fostering skill development.
The charity also hosts local workshops and hackathons, targeting
students, researchers, professionals, and amateurs. These workshops
are delivered in terms of hands-on training, informative sessions, and
interactive discussions.
Through these initiatives, the organisation aims to inspire participants
with the latest developments in space science and raise public
awareness of the subject. By ofering opportunities for learning, skill
development, and engagement, the organization contributes to the
advancement of education in the feld of AI and space science on both
aglobal and local scale.| ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - Policy on grantmaking - Policy programme related investment - Contribution made by Volunteers 3 Achievements and performance **Summary of the main achievements of the charity during the year.** Since becoming constituted as a CIO in 2024, PlanetAI has held two large scale global Data Challenges in collaboration with Kaggle, a data competition platform held by Google. In both the 2024 and 2025 Data Challenges, PlanetAI were responsible for formulating the problem, developing the materials and data required for the challenge, and providing necessary guidance, knowledge, and support to participants both in advance and throughout the duration of the challenge. Kaggle provided the platform and necessary storage space on which to host the challenge, global promotional support to ensure the widest reach possible, and $50,000 as a prize pool to be passed directly to competition winners. No funding from Kaggle passed through the PlanetAI bank account, nor handled by trustees – the donated prize money passed directly from Kaggle, to winning participants. The Ariel Data Challenge 2024 was held over the three month period of August 1[st] – October 31st 2024. This challenge saw: **-** _**6,951**_ **registrations; - with** _**1,414**_ **active participants; - from** _**75**_ **countries; - contributing** _**23,024**_ **submissions; - averaging more than** _**200**_ **submissions per day.** The winning team presented their solution at prestigious machine learning conference, NeurIPS, held December 10[th] – 15[th] 2024 The Ariel Data Challenge 2025 was prepared and organised in the first quarter of 2025, to be held between June 26[th] – September 30[th] 2025. 4 ## **Financial review** The charity operates with minimal reserves, reflecting its low-cost **Brief statement of the charity’s** operating model and reliance on trustee time given voluntarily. The **policy on reserves** trustees keep this under review and will build reserves as income allows, particularly before committing to activities with associated costs **Details of any funds materially** Not Applicable **in deficit** ## **Further financial review details: (Optional information)** You **may choose** to include additional information, where relevant about: - The charity’s principal source of funds (including any fundraising). - How expenditure has supported the key objectives of the charity. - Investment policy and objectives including any ethical investment policy adopted. ## **Other optional information** ## **Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Kai Hou Yip **Position** Chair **Date** 20[th] January 2026 5 **Charity Name No (if any) PlanetAI 1209345** ## **Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts** **Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts CC16a For the period 31/07/2024 31/03/2025 To from** ## **Section A Receipts and payments** **Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest to the nearest £ to the nearest £ to the nearest £ to the nearest £ £** ## **A1 Receipts** |**A1 Receipts**|**nresrce**
**funds**
**to the nearest**
**£**||**esrce**
**funds**
**to the nearest £**||**nowmen**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |---|---|---|---|---|---|---|---|---|---| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| |**_Sub total_**_(Gross income for_
_AR)_|**0**||**0**||**0**||**0**||**0**| |**_Sub total_**_(Gross income for_
_AR)_||**0**|||**0**|||**0**||**0**|||**0**| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**A2 Asset and investment sales,**|||||||||||||| |**(see table).**|||||||||||||| |||**0**|||**0**|||**0**||**0**|||| |||**0**|||**0**|||**0**||**0**|||**0**| |**_Sub total_**||**0**|||**0**|||**0**||**0**|||**0**| ||||||||||||||| |**_Total receipts_**|**0**|||**0**|||**0**|||**0**||**0**|| ## **A3 Payments** |**A3 Payments**|||||||||| |---|---|---|---|---|---|---|---|---|---| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| ||**0**||**0**||**0**||**0**||**0**| |**_Sub total_**
SS)|**0**||**0**
1||**0**||**0**||**0**| CCXX R1 accounts (SS) |**A4 Asset and investment**
**purchases, (see table)**|**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**|**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**|**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**|||| |---|---|---|---|---|---|---| ||**0**|||**0**||| ||**0**|||**0**||| |**_Sub total_**
**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|**0**|||**0**||**0**| |||||||| |||||||**0**| |||||||| ||**0**|**0**|**0**|**0**||**0**| ||**0**|**0**|**0**|**0**||**0**| ||**0**|**0**|**0**|**0**||**0**| ||**0**|**0**|**0**|**0**||**0**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B2 Other monetary assets**
**B1 Cash funds**
SS)|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
2|**Unrestricted**
**funds**
**to nearest £**
**0**
**0**
**0**
**0**
OK
**Unrestricted**
**funds**
**to nearest £**
**0**
**0**
**0**
**0**
**0**
**0**
**Fund to which**
**asset belongs**|**Restricted**
**funds**
**to nearest £**
**0**
**0**
**0**
**0**
OK
**Restricted**
**funds**
**to nearest £**
**0**
**0**
**0**
**0**
**0**
**0**
**Cost (optional)**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||||**0**| |||||**0**| |||||**0**| |||||**0**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**0**| |||||**0**| |||||**0**| |||||**0**| |||||**0**| |||||**0**| |||||**Current value**
**(optional)**| CCXX R2 accounts (SS) |**B3 Investment assets**|||||||**-**||**-**| |---|---|---|---|---|---|---|---|---|---| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||**Details**||||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the**|||||||**-**||**-**| |**charity’s own use**|||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||**Fund to which**||**Amount due**||**When due**| ||**Details**||||**liability relates**||**(optional)**||**(optional)**| |**B5 Liabilities**|||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| |Signed by one or two trustees on
behalf of all the trustees||Signature|||Print|Name|||Date of
approval| ||||||Dr Kai|Hou Yip|||19-Jan-26| |SS)|||~~3~~||||||| CCXX R3 accounts (SS)