THE IDEAS FOUNDATION
Registered charity 1090451 · accounts filings on the Charity Commission register
The advancement of education of young people in the creative arts and the promotion of creative industry for the public benefit
Causes: Education/training · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £115,593 to £99,295 due to a net expenditure of £181,164 against income of £356,556. The trustees report that the current situation is unsustainable in the long run and are considering options including mergers, emergency fundraising, or planned closure. Despite these challenges, unrestricted reserves of £65,897 remain above the stated policy target of £50,000.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months PAYE and any potential costs relating to closures (held: £66k)
“To fulfil contractual obligations, the trustees strive to maintain minimum unrestricted funds to cover three months PAYE and any potential costs relating to closures. Even with the changes in staffing, the Board felt it prudent to leave the amount of reserves required at £50,000.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Simeon Quarrie received £500 for photography and videography services.
“During the year, the charity paid £500 to Simeon Quarrie for photography and videography services provided to the charity, which were not related to their role as a trustee.” — page 43
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment to trustee for services
“During the year, the charity paid £500 to Simeon Quarrie for photography and videography services provided to the charity, which were not related to their role as a trustee. The payment was made under a contract approved by the board (2024: No related party transactions). In addition to the transactions disclosed above, one trustee donated £23 to the charity. The donation was made without conditions and on normal terms.” — page 43
Per its FY2025 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 · instagram
Structured financials (annual return, FY ending 31/08/2023)
Cost of raising funds
£11k
Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).
- Charles Mawer
- Edward Michael Richard Smith
- JENNY WILKINS · trustee of 1 other charity
- Naomi Desalegene
- Simeon Quarrie
- Will Worsdell · trustee of 1 other charity
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England
Income and spending
Common questions
Is THE IDEAS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased from £115,593 to £99,295 due to a net expenditure of £181,164 against income of £356,556. The trustees report that the current situation is unsustainable in the long run and are considering options including mergers, emergency fundraising, or planned closure. Despite these challenges, unrestricted reserves of £65,897 remain above the stated policy target of £50,000. Its FY2025 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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Side by side with its peers
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