Social Value Engine

FY2026-2027: Planning your social value measurement for the year ahead

The start of the new financial year in April offers a vital window for organisations to move from reactive to proactive social value measurement by designing data collection before projects begin.
SROI planning in the new financial year

For most organisations working in the public and third sector, March is the most demanding point in the social value calendar. Impact reports are due, commissioners are asking for evidence, and the pressure is on to pull together data that, in many cases, was never quite collected in the way that would make reporting straightforward.

If that sounds familiar, you are not alone. End-of-year reporting pressure is common, and it almost always has the same root cause: measurement was designed for the report rather than for the work. Data collection was an afterthought, or the questions being asked of service users did not map cleanly onto the outcomes the organisation needed to demonstrate.

April is a practical moment to address this. The pressure of last year’s reporting has passed, a new project year is beginning, and there is time to set things up properly before activity is underway and data collection becomes reactive again.

Why end-of-year reporting is stressful, and what it tells you

The experience of pulling together an impact report under pressure tends to reveal the same set of problems. Outcome data exists but is incomplete. Survey responses were collected at the start of a project but not at the end, so there is no way to show change over time. Service user numbers are available but cannot be broken down in the way a commissioner or funder needs. Financial proxies were not considered at the start, and selecting them retrospectively feels uncertain.

These are not failures of effort but indicate that there may have been missed opportunities during the design stage. The data needed to tell a credible social value story has to be planned for before a project starts, not assembled from whatever is available once it has ended.

End-of-year reporting also reveals where your outcomes framework is doing real work and where it is not. Outcomes that are genuinely being achieved tend to generate evidence naturally. Outcomes that were included because they looked right on paper tend to be the hardest to evidence when it matters. A new financial year is a useful opportunity to revisit both.

What setting up well at the start of the year looks like

Setting up your social value measurement at the start of a project year means making a small number of decisions early that will save a significant amount of work later.

The first is to be clear about which outcomes you are trying to demonstrate, and to make sure those outcomes are specific enough to be measurable. A broad outcome like “improved wellbeing” is not something you can evidence without choosing a more precise indicator, such as a validated scale or a set of consistent questions asked at defined points in a project.

The second is to design your data collection before activity begins. This means deciding what information you need from service users, when you will collect it, and how. For most organisations, this means designing a baseline survey and a follow-up survey, and building the administration of those surveys into the project plan rather than treating them as an optional extra.

The third is to make sure your outcomes are connected to the framework you will eventually report against. For local authority commissioners, that increasingly means the Local Outcomes Framework. For grant funders, it may mean their own reporting categories. Understanding that connection at the start allows you to collect evidence in the right shape from the beginning, rather than trying to retrofit it later.

How the Social Value Engine supports this process

The Social Value Engine is designed to give your measurement a clear structure from the outset. Within the platform, you can set up your project, define your outcomes, and record data against them as the year progresses. This means that when reporting is due, you are drawing on information that has been entered and organised throughout the project rather than reconstructed at the end.

Having a clear outcomes framework set up in The Social Value Engine from the start of the year gives that work a defined purpose: you know what you are collecting data for, and the platform is ready to receive and make sense of it when you do.

This applies to both public sector bodies and VCSEs. For VCSEs delivering commissioned services, it means having evidence structured in a way that is straightforward to report to commissioners. For public sector teams managing grant programmes or community investment, it means being able to demonstrate the impact of that spending in a form that holds up to scrutiny.

The organisations that find end-of-year reporting least stressful are typically those that have made measurement routine. They collect data consistently throughout a project, they review it at regular intervals, and by the time a report is due, they are assembling evidence rather than searching for it.

The policy context makes this more pressing

There is also a practical external reason to get this right now. The policy environment around social value reporting has become more demanding. The Procurement Act 2023 transparency measures mean that social value KPIs on contracts above £5 million are tracked and published. The Local Outcomes Framework is now the primary alignment tool for local government, and commissioners are mapping spend against its priorities. PPN 001 requires central government bodies to publish VCSE spend targets from 1 April 2026.

These changes mean that social value evidence is subject to greater scrutiny than it was even a year ago. An outcomes framework that was adequate for previous reporting requirements may not be sufficient for what is being asked now. Setting up your measurement properly at the start of this financial year is the most straightforward way to make sure you are in a position to meet those expectations when they are applied to your work.

Where to start

If you would like to set up your project in the Social Value Engine and build the outcomes framework you need for this year, you can get started here. If you would like to talk through your measurement approach before you begin, our team is available to help.

Maddie Kortenaar

Maddie Kortenaar

Maddie Kortenaar is a Level 1 accredited social value practitioner. She is the author of the eBook AI for Social Value, exploring how technology can drive meaningful change. Drawing on her expertise in sustainable innovation, Maddie empowers organisations to measure and communicate their impact, fostering a culture of positive social value.
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