Charity Accounts Intelreading the accounts so you don’t have to

IDEA FOUNDATION

Registered charity 1189865 · accounts filings on the Charity Commission register

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.

Causes: Education/training · website · Get email alerts

Latest income
£389k
Latest spending
£287k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net surplus of £102,575 for the year ended 31 March 2025, with total income rising to £389,476. Per the trustees' report, unrestricted reserves stood at £259,858, which is in excess of the stated policy target of £150,000 (covering six months of expenses). The trustees confirm adequate resources for going concern, noting no material uncertainties.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 2
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 No. 2” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Grants (82% of income)
“Total income includes grant income of £318,615 (2024: £75,000).”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 6 months of the total budgeted expenses, being £150,000 (held: £260k)
“The Trustees have set a reserves policy for the Charity of having reserves to cover 6 months of the total budgeted expenses, being £150,000.” — page 6
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 31/03/2022)

Total income
£560k
Total spending
£374k
Reserves (reported)
£556k
Employees
3

Reported reserves equal ~17.8 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£389k£287k
31/03/2024£106k£321k
31/03/2023£191k£357k
31/03/2022£560k£374k
31/03/2021£622k£252k

Common questions

Is IDEA FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £102,575 for the year ended 31 March 2025, with total income rising to £389,476. Per the trustees' report, unrestricted reserves stood at £259,858, which is in excess of the stated policy target of £150,000 (covering six months of expenses). The trustees confirm adequate resources for going concern, noting no material uncertainties. Its FY2025 accounts were independently examined.