ETHICAL DATA INITIATIVE CIC

Company limited by guarantee

Company Registration Number:
14451464 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

ETHICAL DATA INITIATIVE CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Community Interest Report

ETHICAL DATA INITIATIVE CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 3,000 3,000
Investments:   0 0
Total current assets: 3,000 3,000
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 3,000 3,000
Total assets less current liabilities: 3,000 3,000
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 2,500 ) ( 2,549 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 500 451
Members' funds
Profit and loss account: 500 451
Total members' funds: 500 451

The notes form part of these financial statements

ETHICAL DATA INITIATIVE CIC

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 July 2025
and signed on behalf of the board by:

Name: Kathryn Bailey
Status: Director

The notes form part of these financial statements

ETHICAL DATA INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ETHICAL DATA INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

ETHICAL DATA INITIATIVE CIC

Company Number: 14451464 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

On 28 November 2022, the Ethical Data Initiative put out an open call for hosting, looking to partner with leading engineering technology and research institutions in order to increase capacity. In April 2024, the University of Exeter in the UK and the Technical University of Munich in Germany formalised an agreement to host the Ethical Data Initiative. Both institutions pledged help in kind, in the form of research, administrative and operational support. Professor Sabina Leonelli is leading the project on the academic side from her seat at the Technical University of Munich, with Kathryn Bailey and Suchith Anand leading policy, outreach and community-building efforts from the University of Exeter; supported by a multidisciplinary team spanning the two institutions. This development has substantially increased capacity and impact for the Ethical Data Initiative and both host institutions. During the financial year covered in the report, the Ethical Data Initiative (EDI) actively engaged in a variety of impactful activities aimed at promoting ethical data practices and education across research communities. The initiative has made strides in enhancing awareness of data ethics, benefiting the academic community and broader stakeholders. The EDI's website has undergone updates to create an informational hub, compiling resources, blog posts, and a glossary of key terms related to data ethics. The hope is that the platform will continue to evolve with the creation of new community-developed resources and tools, becoming a go-to resource for students, practitioners, and researchers seeking guidance on ethical data practices. Throughout the year, the EDI also hosted workshops and training sessions that engaged various stakeholders, providing them with the knowledge needed to handle data ethically and responsibly. The first Annual Town Hall Meeting enabled ongoing community engagement and feedback, fostering a culture of collaboration and adaptation to the community's needs. Informed by the stakeholder consultation workshop held in April 2024 (see below for details), the Initiative hopes to develop the following activities: - Data Clinics, bringing together partners, practitioners, and Master’s students from the Technical University of Munich. These interactive collaborations focused on real-world ethical challenges in data governance, providing participants with hands-on experience in tackling issues such as privacy, discrimination, transparency, and accountability. It is hoped that this will not only foster ethical data practices but also equip students with essential skills and insights relevant to their future careers. - “Data Stories,” a series of short videos highlighting specific case studies that explore the ethical implications of data work. These narratives, based on real-life scenarios, will serve to educate and raise awareness about the ethical dimensions of data usage, making complex issues accessible to a wider audience. The aim is to eventually use these resources in open education and outreach efforts. The cumulative impact of these initiatives has strengthened the integrity of research practices and enhanced ethical awareness among researchers and stakeholders. By providing educational resources and facilitating collaboration, the EDI is working to empower the wider community to make informed decisions regarding data use. This commitment to ethical data use is essential for fostering trust and integrity in research, ultimately benefiting society as a whole. Find out more about the Initiative’s activities on the Ethical Data Initiative Website: www.ethicaldatainitiative.org

Consultation with stakeholders

The Ethical Data Initiative (EDI) held a workshop in April 2024 titled “New Directions for Global Activities in Data Ethics,” hosted by the TUM Think Tank at the Technical University of Munich, where diverse stakeholders from academia, industry, and civil society were consulted on foundational challenges in data ethics and future directions for the Ethical Data Initiative. Through collaborative discussions, participants shared their insights and experiences, emphasising the necessity for an ethical framework in data practices. In response to stakeholder input, the EDI identified three key focus areas: international data ethics education, policy and networks, and stakeholder engagement. By creating a neutral platform for ongoing discussions, the EDI aims to promote ethical data practices globally. It intends to build trust, inclusivity, and equality in the data space by advancing research initiatives and developing training programs. The synthesis of stakeholder feedback is crucial for developing actionable strategies that empower communities and promote responsible data use, ultimately equipping individuals for the digital landscape. Representatives from various research institutions and organisations (including CODATA and the Research Data Alliance) were present. There are plans to build and grow networks of affiliate members, partners, and ambassadors, and to hold bi-annual town hall meetings from 2025 onwards to continue consulting with the wider network and community. Decisions were made to focus efforts on open education materials and related tools, as well as advocacy materials, to the benefit of the community.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 July 2025

And signed on behalf of the board by:
Name: Kathryn Bailey
Status: Director