Finance Score: 3

Governance Score: 9

Support Score: 0

Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 12

THE IDEAS FOUNDATION

The advancement of education of young people in the creative arts and the promotion of creative industry for the public benefit

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23		£658	£639	£19	£11	£297	£239	4.5	3	100
31/08/22		£992	£891	£101	£6	£278	£236	3.2	3	100
31/08/21		£677	£668	£9	£20	£177	£103	1.8	3	100
31/08/20		£610	£664	£-54	£16	£123	£76	1.4	6	5
31/08/19		£390	£724	£-334	n/a	n/a	n/a	n/a	n/a	10
31/08/18		£754	£472	£282	£19	£511	£75	1.9	6	0
31/08/17	*	£506	£435	£71	£20	£228	£194	5.3	5	0
31/08/16	*	£520	£459	£60	£11	£157	£119	3.1	4	0
31/08/15	*	£467	£384	£83	£0	£0	£0	n/a	0	0
31/08/14		£297	£394	£-97	£0	£0	£0	n/a	0	0
31/08/13	*	£396	£382	£14	£0	£0	£0	n/a	0	0
31/08/12		£317	£360	£-44	£0	£0	£0	n/a	0	0
31/08/11		£443	£430	£12	£0	£0	£0	n/a	0	0
31/08/10	*	£343	£307	£35	£0	£0	£0	n/a	0	0
31/08/09		£265	£299	£-34	£0	£0	£0	n/a	0	0
31/08/08	*	£239	£222	£18	£0	£0	£0	n/a	0	0
31/08/07		£244	£147	£97	£0	£0	£0	n/a	0	0
31/08/06		£82	£87	£-5	£0	£0	£0	n/a	0	0
31/08/05		£113	£107	£6	£0	£0	£0	n/a	0	0
31/08/04		£83	£72	£10	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1.6%
Fundraising Costs/Total Spending: 1.7%
Senior Staff Costs/Total Spending: 14%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 8%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 80%
Reserves/Spending: 4.5 months
Net Current Assets/Spending: 5 months
Quick Ratio: 10.3

Asset Split ?

Established: 22 years

www.ideasfoundation.org.uk

ideas@ideasfoundation.org.uk

02072535004

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Technical, vocational and continuing education

How it operates

Provides services

Where it operates

Throughout England,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

3 employees
100 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Woodward Charitable Trust - Towards the costs of professional development and skills workshop
£10,000	05/08/2013	Towards the costs of professional development and skills workshops to nurture creatively gifted young people who are not thriving within the academically focused education system in both London and ....more Towards the costs of professional development and skills workshops to nurture creatively gifted young people who are not thriving within the academically focused education system in both London and Manchester.
Esmee Fairbairn - Grant to The Ideas Foundation
£50,000	27/02/2013	Towards the salary of the business and enterprise manager to increase opportunities for disadvantaged youths to access opportunities in the creative industries through the implementation of new ....more Towards the salary of the business and enterprise manager to increase opportunities for disadvantaged youths to access opportunities in the creative industries through the implementation of new delivery models generating additional unrestricted income.
Woodward Charitable Trust - Costs of running a vocational education programme
£10,000	20/02/2012	Towards the costs of running a vocational education programme in Hackney and one in North Manchester for disadvantaged young people, mostly from BME groups.
Woodward Charitable Trust - Creativity scholarships in Hackney & Manchester
£5,000	28/01/2011	Towards the Creativity scholarships in Hackney and Manchester for 14-19 year olds from deprived communities.
Esmee Fairbairn - Grant to The Ideas Foundation
£60,798	01/10/2008 24	Towards Core costs Towards the costs of delivering creative vocational projects to disadvantaged 14 - 19 year olds.
Woodward Charitable Trust - Towards creativity scholarships
£8,000	24/01/2008	Towards creativity scholarships for disadvantaged young people in East London..

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 30-72

CHARLES MAWER Appointed: 2024, Occupation: Exec Creative Director

MS PAULINE WILSON Appointed: 2017, Occupation: Vice President Of Operations

SIMEON QUARRIE Appointed: 2024, Occupation: Ceo

WILL WORSDELL Appointed: 2024, Occupation: Co-Founder, Chief Strategy & Product Officer

EDWARD MICHAEL RICHARD SMITH Appointed: 2019, Occupation: Human Resources Director

NAOMI DESALEGENE Appointed: 2016, Occupation: Creative

JENNY WILKINS Appointed: 2005, Occupation: Headmistress, Other trusteeship: 15BILLIONEBP,

Legal constitution

Charitable company registered in England & Wales on 06/02/2002, number: 1090451
Registered at Companies House on 15/08/2001, number: 04270652

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Volunteer management

Filing Record

20 returns made; AR17: 116 days late, AR16: 103 days late, AR15: 36 days late, AR13: 114 days late, AR10: 34 days late, AR08: 91 days late,

Main office

Godfrey Wilson Ltd
Mariner House
62 Prince Street
BRISTOL
BS1 4QD

Objectives

10 THE ADVANCEMENT OF EDUCATION IN PARTICULAR, BUT WITHOUT PREDIJUCE TO THE GENERALITY OF THE FOREGOING, THE ADVANCEMENT OF EDUCATION OF YOUNG PERSONS IN THE CREATIVE ARTS; AND 2) THE PROMOTION OF INDUSTRY FOR THE PUBLIC BENEFIT.

Defined Area of Benefit:

NATIONAL

Data Sources