ASSOCIATION FOR THE UNDERSTANDING OF ARTIFICIAL INTELLIGENCE

Registered charity 1193842 · accounts filings on the Charity Commission register · also known as AIHUB

The Association for the Understanding of Artificial Intelligence carries out its purpose by maintaining and moderating a website, AIhub.org, with free content for people of all ages, which is a tool to advance the education of the general public in artificial intelligence. The aim of the website is to give the general public the tools to enable them to understand artificial intelligence.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£65k
Latest spending
£61k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £70,878, exceeding the stated policy target of £10,000–£20,000. The charity reported a net income surplus of £3,408 against total expenditure of £61,429. The trustees confirmed adequate resources for going concern, with no material uncertainties noted.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
Income from donations and legacies - Corporate organisations 64,837
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £10000 - £20000 (held: £71k)
Our policy is to maintain a reserve (of the order £10000 - £20000) to cover costs for any late payments from our supporting organisations, any necessary travel for attendance of meetings and conferences, and for any unforeseen circumstances. — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 9 RELATED PARTY TRANSACTIONS
There were no related party transactions between the charity and the trustees or persons or entities connected to them during the year. — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£65k£61k
31/12/2023£90k£57k
31/12/2022£68k£66k
31/12/2021£54k£51k

Common questions

Is ASSOCIATION FOR THE UNDERSTANDING OF ARTIFICIAL INTELLIGENCE financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £70,878, exceeding the stated policy target of £10,000–£20,000. The charity reported a net income surplus of £3,408 against total expenditure of £61,429. The trustees confirmed adequate resources for going concern, with no material uncertainties noted. Its FY2024 accounts were independently examined.