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.
Objects
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.
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.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 No. 2” — page 20
“Total income includes grant income of £318,615 (2024: £75,000).”
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- 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
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Funders the charity credits
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Professor Robert Anthony Cryan CBE FIETchair
- Dr Paul Michael Needham
- Puja Patel
- Richard William James Parry
- Toni Claire Allen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £100k |
| SIR HALLEY STEWART TRUST | 1 | £60k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £56k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £30k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £30k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £20k |
| THE LAWSON TRUST CIO | 1 | £7k |
| THE EVAN CORNISH FOUNDATION | 1 | £4k |
Charities like this
- THE IDEAS FOUNDATION
- CODEBRAVE FOUNDATION
- THE CHARITABLE FOUNDATION FOR EDUCATION DEVELOPMENT
- THE PA FOUNDATION
- IDEAS TEST
- EDAID FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IDEA FOUNDATION | £389k | — | 2 | above | — | no doubt |
| THE IDEAS FOUNDATION | £357k | — | 0 | above | — | no doubt |
| CODEBRAVE FOUNDATION | £343k | — | 0 | unclear | — | no doubt |
| THE CHARITABLE FOUNDATION FOR EDUCATION DEVELOPMENT | £259k | — | 0 | unclear | — | no doubt |
| THE PA FOUNDATION | £2.0m | — | 0 | unclear | — | no doubt |
| IDEAS TEST | £509k | — | 0 | unclear | — | no doubt |