Finance Score: -5

Governance Score: -3

Support Score: 3

Volatile income & significant deficit in latest year: -5
No PartB

No conflicts policy: -1
Only 3 Trustees: -2

Gov Income
Grant maker support: +3

Overall GiG Score: -5

IDEA FOUNDATION

iDEA Foundation helps people develop digital and enterprise skills, discover new talents and gain digital confidence, for free. iDEA learners work through modules online to be rewarded with digital badges and points which are collected, and count towards achieving the Bronze, Silver or Gold Inspiring Digital Enterprise Award.

Analysis by Giving is Great

Positives:

The charity has received Government grants

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
There are only 3 trustees

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Income has been volatile recently and was significantly lower than spending in the latest year but the charity has substantial reserves available

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
31/03/23	£191	£357	£-166	n/a	n/a	n/a	n/a	n/a
31/03/22	£560	£374	£186	£0	£556	£556	17.8	3
31/03/21	£622	£252	£370	£0	£370	£370	17.6	2

Show financials table -->

Download accounts

Senior Staff Costs/Total Spending: 50%
Highest pay band: £70,000-£80,000

Established: 4 years

https://idea.org.uk

support@idea.org.uk

07392091597

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Philanthropic intermediaries and voluntarism promotion

How it operates

Provides advocacy/advice/information

Where it operates

Ireland, Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

The General Public/Mankind

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Age Range of Trustees:

ARJUNA GIHAN FERNANDO MBE Appointed: 2020, Occupation: Director, Other trusteeship: REGENERATE TRUST,

PROFESSOR ROBERT ANTHONY CRYAN CBE FIET (Chair) Appointed: 2020, Other trusteeships: THE INSTITUTION OF ENGINEERING AND TECHNOLOGY, YORKSHIRE UNIVERSITIES,

RICHARD WILLIAM JAMES PARRY Appointed: 2020, Occupation: Retired Solicitor

Legal constitution

Charitable company registered in England & Wales on 09/06/2020, number: 1189865
Registered at Companies House on 06/05/2020, number: 12588358

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries

Filing Record

3 returns made; all on time

Main office

66 LINCOLN'S INN FIELDS
LONDON
WC2A 3LH

Objectives

THE OBJECT OF THE CHARITY IS TO ADVANCE THE EDUCATION OF THE PUBLIC IN GENERAL, IN PARTICULAR IN THE SUBJECTS OF DIGITAL TECHNOLOGIES, ENTERPRISE AND ENTREPRENEURSHIP IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING BY PROVIDING ONLINE TOOLS TO DEVELOP SKILLS IN THESE AND RELATED SUBJECTS.

Data Sources