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2024-08-31-accounts

INSPIRING YOUNG PEOPLE TO UNLOCK THEIR CREATIVE

POTENTIAL

CONTENTS

WHAT THE IDEAS FOUNDATION HAS DONE FOR ME

Back in 2010, I discovered the Ideas Foundation Creativity Scholarship through my Graphic Design teacher, applied, and was selected for a two-week work placement. In the first week, we designed a souvenir for the Design Museum, and in the second, I worked at RWD magazine, gaining my first taste of the creative industry.

Following that, I joined a Creative Media Camp, working on a live brief for Global Handwashing Day. My involvement with The Ideas Foundation deepened, and I was proud to become a Creative Scholar and youth representative on the Trustee Board.

The Ideas Foundation opened doors I never imagined, giving me opportunities to mentor on I AM CREATIVE programmes, speak at an event at Downing Street, and gain invaluable exposure to real-world industry environments.

My first work experience with The Ideas Foundation was at the London College of Communication, UAL, a place I hadn’t heard of before but would later attend to study Graphic Design—proof of how these experiences shaped my journey.

As a Creative Scholar, I had the opportunity to visit agencies, network with professionals and attend events, one of which connected me with Dare’s Experience Planning Director. That pivotal moment led to a two-week placement, which soon evolved into a full-time role where I spent three years developing my skills, guided by the invaluable mentorship of Mark Bell and Reeha Alder—both of whom continue to inspire and support me to this day.

Now, I work as a Senior Digital Designer at AKQA, collaborating with clients like Rolls-Royce, De Beers, and HERE Technologies.

My journey with The Ideas Foundation showed me that creativity isn’t just a hobby— it’s a pathway to a fulfilling and successful career. I hope The Ideas Foundation continues to open doors for others, inspiring young people from all walks of life to see the endless possibilities that creativity can offer.

Naomi Youth Board Member

ANNUAL REPORT 2023 - 2024 1

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IF invests all their energy in young people for a genuine reason. Not to benefit any tick box exercise.

Ben Conway

Senior copywriter at McCann London, alumni of the Ideas Foundation

2 THE IDEAS FOUNDATION

SURVIVING A TOUGH YEAR

In a year of political uncertainty and reduced budgets, our income stream was severely compromised. Unlike many others in the third sector, we found a way to survive, but it was difficult. We had to make redundancies and reduce our development work. As a Board, we were determined to continue making an impact because the people we support were having an even tougher time than we were.

We led the way with our Power of Hair programme, generously supported by Pantene, the BBC Creative Media Camps, our continuing work with the Manchester College Employability programmes, and our photographic projects aligned with wellbeing supported by Canon. These successes, alongside our past projects for the Coronation and the Platinum Pageant, created the opportunity to work with Barclays on a major new project - Our Climate Story - a youth-focused programme centred on climate literacy, creativity and life skills.

Over the past 20 years, the challenges faced by the creative sector have changed. More people from ethnic minority backgrounds are now employed in the industry, but many are paid less than their peers. There is increasing concern about a class ceiling and the geographical skew of employees. This is why we continue developing programmes in some of the least advantaged areas outside of London, with students without family connections with the sector.

Last year, The Ideas Foundation tried out some new creative ideas. We invested in new sources of ideas – recruiting new trustees, creating a shadow Board and hiring new freelance staff. We experimented with a new leadership structure that allowed the CEO to take a mini-sabbatical. We committed to staff training and capacity, building our branding, and fundraising. We took some risks and experimented with a new youth voice programme, the Manifesto. We deepened existing partnerships with organisations such as the Manchester Publicity Association and forged new ones with companies such as Frog and Wardour. We took time to reflect on our mission and goals as a charity in 2024, as new board members joined us and established trustees moved on after significant periods of valued service.

Seeing the pride on students’ faces as they present their creative ideas to a panel of industry professionals is one of the real joys of The Ideas Foundation. We read through, with delight, the emails from teachers describing the positive impact the Power of Hair workshop has on their classes. We hear from tutors how students have told them they feel seen and inspired through their workshops. We see pictures of students visiting BBC studios and gaining jobs in the industry. We see students’ photographic stories featured in the RSA Journal. And then we read about past students gaining promotions and new jobs in the sector or passing their skills onto the next generation. This past year has given us a lot of good moments. It is these moments that inspire us.

A huge thank you to all our colleagues, trustees, volunteers, education and corporate partners. And heartfelt thanks to Robin, our founder, who is now in his 80th year and still generous with his creativity, time and energy in helping to fulfil our mission of nurturing creativity and driving diversity.

We look forward to a new year of projects in which we continue to deliver life-changing creative experiences for young people in less-advantaged communities, both rural and urban, especially outside of London. In addition to our traditional commercial briefs, we are increasing our focus on how creative communication can raise awareness of discrimination, promote wellbeing, and encourage engagement and social action in areas such as the climate crisis.

It’s been a tough year, but our faith in creativity and its ability to transform young people’s lives gives us reason to be optimistic for the future.

Heather MacRae, Chief Executive and Ted Smith, Chair

ANNUAL REPORT 2023 - 2024 3

OUR YEAR IN NUMBERS

young people student all time engaged through satisfaction 100% resource the three-year with 49,000 9,271 downloads Power of Hair programmes programme young schools and teachers people 264 150 colleges in our 4,500 supported inspired community schools and alumni and colleges free creative creative 88 supported with 56 resources 45 super group face to face members workshops experimental public projects: exhibitions of office Manifesto 2 2 young peoples’ 0 overheads and Creating work Connections

4 THE IDEAS FOUNDATION

ABOUT THE IDEAS FOUNDATION

OUR MISSION

The Ideas Foundation is an educational charity bringing life-changing creative opportunities to students across the UK. We were founded in 2001. Our initial focus was on nurturing creativity and driving diversity in the advertising industry. Over time we broadened our work to develop projects that enable young people to discover, develop and share their creative talents in communication briefs that align with climate change, mental wellbeing, health inequalities and racial discrimination. By connecting less advantaged schools and colleges with leading organisations and brands, The Ideas Foundation delivers handson experiences that inspire young people to unlock their creative potential.

Through engaging workshops and programmes led by industry professionals, students explore new creative outlets in media, art, design, writing, theatre, film and photography. With expert guidance and access to cutting-edge resources, they are equipped to gain the skills and confidence to thrive.

For college students, The Ideas Foundation facilitates workplace experiences and mentorships, guiding them toward creative careers they might not have otherwise discovered. The Ideas Foundation supports thousands of teachers across the UK with online toolkits and lesson plans, expanding access to creative learning nationwide.

We are committed to making the creative industries open to everyone. As a result, we have helped open the doors to a world of creativity for thousands of young people across the UK who, by virtue of their background, would traditionally have been locked out.

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PHOTO: SALTBURN STUDENT
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ANNUAL REPORT 2023 -ANNUAL REPORT 2024 5

PHOTO: WHITBY STUDENT

“ ”

As a small school in a relatively isolated part of the country, the opportunity to have an engaging and creative team arrive in the school and inspire our students has been an essential part of the school’s mission to broaden horizons

Ian Bloor

Lead Teacher for Enrichment, Eskdale School, Whitby

6

THE IDEAS FOUNDATION

THE CHALLENGES WE ARE ADDRESSING

From an early age, young people from disadvantaged backgrounds face barriers to discovering, developing, and sharing their creative talents

Sources:

ANNUAL REPORT 2023 - 2024 7

OUR PRIORITIES

THE CHANGES WE WANT TO SEE

WE BELIEVE THAT ALL YOUNG PEOPLE SHOULD HAVE ACCESS TO CREATIVE EDUCATION AND CREATIVE CAREERS

We are working to achieve this by:

8

THE IDEAS FOUNDATION

OUR GEOGRAPHICAL REACH

AREAS WE HAVE REACHED

ANNUAL REPORT 2023 - 2024 9

OUR IMPACT

WE CAN SEE THE IMPACT WE ARE MAKING THROUGH:

And through the willingness of our past students to support others in their early careers.

WE ALIGN OUR IMPACT WITH FRAMEWORKS SUCH AS SKILLSBUILDER AND GATSBY BENCHMARKS

In past projects:

“ ”

Throughout the workshop, we had the privilege of learning from immensely talented photographers who shared their expertise, techniques, and insights. Their guidance was invaluable, helping us refine our artistic vision and craft. This workshop has not only enhanced our technical skills but has also broadened our horizons as storytellers.

Divine Agumba

Amos Bursary Student

10 THE IDEAS FOUNDATION

HIGHLIGHTS FROM OUR WORK IN 2024

ADDRESSING HAIR DISCRIMINATION

Pantene came to us with a challenge: to develop a programme of creative activities to raise awareness of Afro-hair discrimination while increasing confidence in young people.

2023/2024 was the third year of a three-year educational campaign, Power of Hair, created by the Ideas Foundation in partnership with Pantene. It was born out of the insights that 93% of Black people in the UK have faced microaggressions related to their Afro hair and that school is the most common place where discrimination occurs.

In this project, young people work alongside industry professionals and leading poets, photographers, game designers, artists, and other creatives to explore this emotive and topical issue through workshops designed to get them thinking and help develop their creative skills.

Following rigorous testing and development with over 1,400 students, the workshop material is now available as free downloadable lesson plans for Key Stage Two and Three students across STEM, English, Art, Drama, and Business Studies.

Over 9,000 students in more than 100 schools across the UK have now taken part. The feedback from schools and young people is extremely positive, with many teachers asking for repeat visits. Teachers have said that Power of Hair has allowed them to consider aspects of discrimination in a sensitive, positive, and creative way.

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ANNUAL REPORT 2023 - 2024

OUR WORK IN 2024

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We had such a brilliant time with Adisa! Thank you so much for organising the workshop for us. It was a great opportunity for our pupil premium children, many of whom are also of lower ability. I was amazed at how they engaged with Adisa and the outcomes that were achieved.

Hilary Fuad

Teacher from Summercroft School

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Going to these underserved communities, I often found that the ratio of black students to white students in classrooms was extremely low. I often noticed that black students, in particular, gained a sense of validation from my presence alone. Then, speaking about Afro hair texture made them feel much more empowered. In different instances, I’ve had students tell me they ‘feel seen,’ ‘it’s nice to be understood,’ and other comments that they won’t particularly share in feedback forms.

Toni Peters

An Ideas Foundation Tutor

The programme is being extended in 2025 to address more broad issues of hair and identity.

12 THE IDEAS FOUNDATION

EXPLORING IDENTITY AND WELL-BEING

CREATING CONNECTIONS

Creating Connections is a programme designed at the suggestion of Divine, a young Afro-Caribbean student who had taken part in our projects with the Amos Bursary Trust. She felt that her parents weren’t supportive of her interest in creative careers, and there was pressure on her to follow a traditional career in business. She approached us asking if we could help to create a project that would allow her to build more creative networks and focus on her wellbeing. We have trialled three projects that link creativity with wellbeing thanks to funding from UCB and the King Badouin Foundation. In Scotland, we worked with Peter Scott and a youth club supporting young people who had a range of anxiety, identity and neurodiversity issues.

Eskdale School students worked with photographers Michael Cockerham and Tom Martin on personal narratives about life in Whitby. They focused on the challenges of being a teenager, their sadness at their school closing, and the beauty and bleakness of the moors and how this makes them feel isolated. The work was displayed at the Pannett Gallery in Whitby and inspired further photographic projects with Old Farm School in Saltburn, a school specialising in supporting young people with complex emotional needs. The student work was featured in a five-page spread in the RSA Journal.

PHOTO: WHITBY STUDENT

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BELONGING : PRIVATE VIEW EXHIBITION
THE IDEAS FOUNDATION 5 oh
INVITES YOU TO CELEBRATE
THE WORK OF ESKDALE
SCHOOL STUDENTS.
BELONGING TELLS THE
STORIES OF THE YOUNG
PEOPLE OF ESKDALE
THROUGH PHOTOGRAPHY
AND THE WRITTEN WORD.
RSVP:
i.bloor@eskdale-school.co.uk
=
WHITBY MUSEUM, WHITBY YO21 1REPANNETT ART GALLERY WEDNESDAY 22ND MAY, 4.30PM – 6.30PM
The exhibition will run from 21st May until 26th May. The gallery is open 10am - 4.30pm, Tuesday – Sunday.
The Pannett Art Gallery is set in the peaceful and charming grounds of Pannett Park in the centre of Whitby. Visit the gallery to discover a diverse programme
of temporary exhibitions, and an eclectic mix of 19th and 20th Century paintings on permanent display. The gallery hosts family friendly activities.
Creating Connections, Supported by UCB - Community Health Fund, managed by the King Baudouin Foundation Equipment Partner
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PROGRAMMES

PROVIDING ROUTES INTO THE CREATIVE INDUSTRIES

The Manchester College is keen to provide routes for students into the growing creative industries in Manchester. We provided employability boot camps for students in film and media, animation, game design and business studies. These practical, skillsbased workshops allow young people to work with highly skilled facilitators and professional mentors to develop their creative skills further. As with our work in schools, these typically focus on getting young people to respond to a professional brief from companies such as the BBC and ITV. However, working outside of the confines of a classroom setting enables young people to delve deeper and take creative risks that they might not feel comfortable taking around their teachers and peers. With an added sense of independence from teachers, participants also gain social and career capital through the opportunity to work in problem-solving teams, make friends, establish professional contacts, and gain work experience. We also recruited and trained over 30 mentors who provide one-to-one support for students seeking their first roles in the sector.

CONNECTING EMPLOYERS WITH FUTURE AUDIENCES AND EMPLOYEES

The creative industry in Manchester is growing and local employers like the BBC are keen to develop relationships with future talent. The BBC Creative Media camp is a five-day intensive programme of workshops and visits that allows students to present their ideas to BBC staff. Students had an opportunity to visit The Picture Shop and meet apprentices and senior staff from the BBC Manchester studio. Students and staff were inspired by the programme and were invited to visit the BBC to share their work. As a result, student Leona Gasper was offered a position with the BBC and a further programme of media camps was offered in the autumn of 2024. The BBC has contributed case stories of the programme’s impact to the Manchester Next Gen conference.

14 THE IDEAS FOUNDATION

PROGRAMMES

WIDENING PARTICIPATION IN HIGHER EDUCATION

Teesside University London has established a new campus in London, at Here East. They are hoping to set up partnerships with local schools and businesses. They asked for our help with projects that would help widen participation in the University and raise awareness of opportunities at their London campus. They wanted to raise awareness of their offer and to support widening access to students from less privileged backgrounds. Working with their partnership coordinators, we arranged two full-day workshops for less advantaged schools and colleges – themed around hair. The project is successfully helping the University with their relationship building, and our evaluation is helping them with their impact reporting. We plan to deepen the relationship with Teesside next year and to arrange further partnership activities aligned with our new health inequalities and climate literacy projects.

HELPING TO DESIGN NEW CREATIVE PROGRAMMES

Canon asked us for help as they were considering a major investment in an international education programme looking at photography and coral reef restoration. Before committing a large chunk of their marketing budget, they wanted to check on the project’s feasibility. Working with creative director Lydia Thornley, The Ideas Foundation created a detailed scoping document that helped Canon assess the business case for the project and the practicalities of delivering a significant piece of work in a short period of time.

CLIMATE LITERACY EDUCATION PROGRAMME THE TOPICS – DEFINITIONS AND OBSERVATIONS FROM ORGANISATIONS, WHITE PAPER, FORUM AND IDEAS HACK

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CLIMATE LITERACY GREEN SKILLS POSTnote 711 By Philippa Simmonds, Clare Lally 18 January 2024
n “A climate-literate person n What do young people think n “the knowledge, abilities, values —l Green skills in education and employment
understands the essential climate literacy is? A chance to CLIMATE LITERACY EDUCATION PROGRAMME and attitudes needed to live in,
principles of Earth’s climate system, knows how to assess ask, at start and end of project PROGRAMME: HOW IT WORKS develop and support a society which reduces the impact of human [DEASFOUNDATION
scientifically credible climate information, communicates about climate change in a meaningful way, and can make informed and responsible decisions regarding actions that may affect climate.” nnnnn System thinking – all the Co-creating a definition:ReadingWritingExpressing n National context for this work, how it feeds into national moment of exploration and best practice n “employment in an activity that activity on the environment” The European Centre for the Development of Vocational Training directly contributes to - or ••••••• Overview investment in skills. The UK Government’s Green Jobs Delivery Group plans to publish a Net Zero and Nature Workforce Action Plan in the first half of 2024. Green skills can be defined as “the knowledge, abilities, values and attitudes needed to live in, develop and support a society which reduces the impact of human activity on the environment”. Green skills are often associated with sectors that will play a major role in reaching net zero greenhouse gas emissions by 2050, such as power, home heating, waste and resources. Upskilling workers will be necessary to address green skills shortages, as well as increasing the workforce in key sectors. Stakeholders suggest that the quality and uptake of vocational education and training (such as apprenticeships) are important factors for developing green There is regional variation in demand for, and access to, green skills. Stakeholders have identified opportunities to align skills policy with the levelling up agenda to reduce regional disparities. Policy certainty is seen as a key lever to promote upskilling. Commentators suggest that frequent changes to government policies and targets can inhibit There is low public awareness of green skills and the available training options, which has been attributed to inconsistent definitions for green skills.skills in the workforce. n Connect with existing awards eg Duke of Edinburgh, Ashden, Earthshot
NOAA (National Oceanic and moving parts Invitation: Co-creation indirectly supports - the Common Schools take Making Participating Legacy:
Atmospheric Administration) local achievement of the UK’s net brief to part in a Curating schools get Develop Year
n Critical thinking – paying attention relevance Potential zero emissions target and other localise n Green Skills presentation for cross- Sharing certificate, 7 content for
n “Every student should leave school with the basic climate n Other positives beyond Naming: launch event environmental goals” Green Jobs Taskforce the Westminster Education Forum by London & South East CLIMATE LITERACY EDUCATION PROGRAMMEcurricular creative accredit-ation, badge? year 8 and 9, Wales,
literacy that would enable them conservation My climate High level Education group POLICY AND CURRICULUM CONTEXTproject about Scotland,
to engage with the messages put story agreement n No single definition. A lot of climate Funding to NI, potential
forward by the media or politicians, by head conversation about how bleak literacy enter an international
or to make informed decisions about their own opportunities and responsibilities when it comes to climate change mitigation and adaptation, and also to equip them Brand hierarchy:Barclays Lifeskills? teacher a lot of the language is Green SkillsAddressing barriers to access, and creating pathways into further study and the green jobs marketBy Louise WolseyGroup Chief Strategy Officer, London & South East Education Group award legacy
with the knowledge and skills
required for the green jobs of the n Other positives beyond
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/ pictures of n Opportunity for n PR :
young people teachers to RSA magazine,
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ANNUAL REPORT 2023 - 2024 15

QUICK HIGHLIGHTS

SHOWCASING STUDENT WORK

PROMOTING HEALTHCARE COMMUNICATIONS

SUPPORTING YOUNG PEOPLE WITH SPECIAL NEEDS

We curated two exhibitions

of students’ work. McCann London hosted the Coronation Generation exhibition in November 2023 and an exhibition of the Creating Connections work was held in a week-long showcase in Whitby at the Pannett Gallery. This work also featured in the RSA Magazine.

LISTENING TO YOUNG VOICES

The Manifesto was an experimental project that we ran, led by Paul Reid, to gain insights into young people’s concerns during the run-up to the General Election. Funded by a crowdfunding campaign, we ran two workshops in Manchester and Birmingham where young people could share their concerns and priorities.

CREATIVITY THROUGH FASHION

Our sustainable fashion projects have continued in North Yorkshire schools – a programme that is now in its sixth year and proving as popular as ever, generating excitement in sustainability through the fashion creations made from junk and Burberry seconds.

Health inequalities are a major concern across the country with poorer communities more likely to be affected by issues such as pollution.

We are working with Queen Mary University of London and the Creative Floor to design a storytelling programme where young people will design campaign materials to raise awareness of the hidden effects of pollution.

PROMOTING DIVERSITY AND SOCIAL MOBILITY

We have worked closely with the Manchester Publicity Association to promote diversity in the sector – contributing speakers to a panel discussion hosted by WPP Manchester and a podcast.

We are part of a steering group, Mind the Gap, which is looking at increasing access for young people from less advantaged backgrounds to employment in the city.

We have also contributed to webinars by the King Badouin Foundation.

We are working with many more young people who are presenting with special needs. This can include young people who are socially anxious, who have a range of neurodiversity conditions, and also some for whom English is a second language. By ensuring our tutors and programmes are sensitive to the varying needs of young people, we often receive feedback from children who have not previously been engaged. As a result of our programmes, they have been inspired to speak, contribute or share their skills.

BRINGING CREATIVITY INTO THE CLASSROOM

Many schools need help in finding up-to-date education resources that are free, high quality and have real-life business insights. The Ideas Foundation has 56 resources that can be accessed for free on our website, the Times Education Supplement online portal, the Pearson examining board website, Procter & Gamble, and the National Association for Teaching of English website. All schools and colleges are able to access our online learning resources.

“ ”

I have to say that Ideas foundation is amongst the very best. Their mission to bring creativity and creative opportunity’s to young people who have limited access due to lack of economic funds, opportunity or restrictive locations is not only ambitious but also unique it both its scope and its impact.

Ben Worth IF Tutor

16 THE IDEAS FOUNDATION

FUNDRAISING ACHIEVEMENTS

Last year was a difficult year for The Ideas Foundation. As with many charities, our focus was to survive for 2025. We embarked on a new approach, seeking more funding from grants and foundations. We invested in training and development, external fundraising support, and new staff. However, in an uncertain election year, we found that many grant-giving bodies and foundations were prioritising issues such as food banks, health and care funding, and local programmes for specialist groups. Meanwhile, brands and businesses were also hesitant about making commitments with their ESG, marketing, and talent budgets during an election year. However, we are encouraged by the government missions that will prioritise youth skills, the curriculum review, and an industrial strategy due to be published in Spring 2025 that we anticipate will value the contribution of the creative industries.

We are grateful to the Garfield and Weston Foundation, who supported our leadership and capacity building. The Creative Floor grant helped us continue our work involving young people in healthcare communications – working in partnership with Queen Mary University of London. Adisa the Verbaliser and Paul Reid raised money for the Manifesto pilot project using Crowdfunder. Canon, the BBC, Procter and Gamble have also been loyal funders over a number of years. We are delighted to welcome a new corporate partner, Barclays LifeSkills, which is enabling us to pilot programmes that bring together lifeskills, creativity, and climate literacy. We are trialling this approach in West Cumbria, North Yorkshire, Birmingham and Manchester and hope the programme will become a model that can be scaled up nationally.

ILLUSTRATION: SHAFIA FIAZ, IF ALUMNI

PHOTO: WHITBY STUDENT

ANNUAL REPORT 2023 - 2024 17

FINANCIAL REVIEW

The Ideas Foundation faced significant financial challenges in 2024: on the one hand, income declined as companies reviewed or froze their investments in charitable programmes and government grants either reduced or became much more competitive, whilst staffing and delivery costs (transport, materials and accommodation in particular) increased significantly with inflation. The result was a reduction in net assets and reserves. In response, the Foundation had no choice but to reduce the reliance on guaranteed staff contracts and work with a pool of freelance consultants, flexing to the needs of the business. New focus was placed on securing funding from grants and aligned foundations while investing in training, development, and external fundraising support. The organisation remains optimistic about the promised new government initiatives supporting youth skills and the creative industries.

INCOME AND EXPENDITURE

Total income for the year was £292,767, a substantial decline from £658,168 in 2023. A major factor was the absence of £263,000 in government grants from the Department of Culture, Media, and Sport. Donations and grants from corporate and foundation partners played a vital role, with significant contributions from Procter & Gamble (£106,990) , BBC (£27,500) , and Garfield Weston (£20,000) .

Total expenditure for 2024 reached £473,931 , leading to a net deficit of £ 181,164 . The major cost drivers included staffing (£140,506) , consultancy services (£97,034) , and subcontractor fees (£114,408) , reflecting significant investment in programme delivery and operational capacity.

FINANCIAL POSITION AND RESERVES POLICY

At the end of the financial year, total funds had decreased to £115,593 , down from £296,757 in 2023. Key figures include: n Net current assets: £112,275 (2023: £290,711)

n Unrestricted funds: £74,311

The decline in reserves signals financial strain, necessitating strategic adjustments for sustainability. To fulfil contractual obligations, the trustees strive to maintain minimum unrestricted funds to cover three months PAYE and any potential costs relating to closures. This is currently £50,000. A more prudent level of reserves is PAYE, potential costs relating to closures and three months operating costs. This is currently approximately 70K. The reserves held in unrestricted funds at 31 August 2023 were £74,311. This is in line with the target set by the board but we would like to increase the levels of unrestricted reserves to give us more resilience in a challenging fundraising environment.

CHALLENGES AND STRATEGIC ADJUSTMENTS

In an uncertain election year, fundraising proved difficult. Many grant-making bodies prioritised funding for urgent social needs such as food banks and healthcare, while corporate partners were cautious about ESG and marketing investments. However, The Ideas Foundation continued to receive support from long-term funders, including Canon , BBC , and Procter & Gamble . New corporate partnerships, such as Barclays Lifeskills , also enabled the Foundation to pilot innovative programmes combining creativity, life skills, and climate literacy in various UK regions.

18 THE IDEAS FOUNDATION

FINANCIAL REVIEW

KEY FINANCIAL CONSIDERATIONS

1. Revenue Diversification: The need for alternative funding sources, including more corporate partnerships and unrestricted donations, is being pursued. A business partnership sub group has been established and we have been working with an external consultant on business development.

2. Cost Management: Aligning expenditure with available income to ensure sustainability, paying freelancers to do project work as it emerges without a retainer. We have a small core of PAYE staff so we have less exposure to NI increases and redundancy commitments.

3. Reserves Position: Strengthening reserves to enhance financial resilience and operational stability.

4. Government Engagement: Leveraging upcoming policy changes to secure funding for youth skills and creative industry initiatives.

CONCLUSION

Despite financial difficulties, The Ideas Foundation remains committed to its mission. Moving forward, the organisation will:

The Foundation will continue impacting youth education and creative learning with these strategies.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is structured so that the board of trustees, who meet at regular intervals, deal with the policy and overall control of the Charity’s activities. Day to day management is in the hands of the Chief Executive, who reports to the board of trustees. Daily operations are the responsibility of the Creative Programme Director and Creative Programme Manager reporting to the Managing Director. The Charity is assisted by an advisory group consisting of experts who advise the IF on a range of issues from education, creative policy, and systems. The IF also benefits from insights from an alumni group. Both the advisory group and alumni group share information via WhatsApp and of late Zoom meetings. The work programmes are supported by a strong network of freelance consultants and tutors who have specialist skills in finance, IT, communication strategy, programme delivery and in creative skills.

The charity was incorporated on 15 August 2001 and has a memorandum and articles of association. Ideas Foundation (the word “Limited” being omitted by licence from the Board of Trade) is registered as a company limited by guarantee and not having a capital divided by shares. In the event of the company being wound up, members are required to contribute an amount not exceeding £10. The company was registered as a charity on 6 February 2002 under registration number 1090451.

New trustees are recruited through an application process and are chosen on the basis of their knowledge of creative industries, business systems and education. We reserve one place on the board for an alumnus who has taken part in our programmes. Potential trustees are invited to attend and observe meetings and then are voted onto the board.

ANNUAL REPORT 2023 - 2024 19

FUTURE PLANS FOR 2025 & BEYOND

20 THE IDEAS FOUNDATION

Ideas Foundation

Reference and administrative details

Reference and administrative details Reference and administrative details
For the year ended 31 August 2024
Company number 04270652
Charity number 1090451
Registered office C/O Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Operational address C/O Ogilvy Group UK
Sea Containers
18 Upper Ground
London
England
SE1 9RQ
Trustees Trustees, who are also directors under company law, who served during
the year and up to the date of this report were as follows:
Edward Smith Chair
Naomi Desalegene
Christopher Harris resigned 22 December 2023
Charles Mawer appointed 8 February 2024
Simeon Quarrie appointed 8 February 2024
Jennifer Wilkins
Pauline Wilson resigned 6 June 2024
Will Worsdell appointed 8 February 2024
Company secretary Emma Hope resigned 25 July 2024
Angela Conway appointed 25 July 2024
Chief executive officer Heather MacRae
Bankers Coutts & Co
440 Strand
London
WC2R 0QS
Independent Godfrey Wilson Limited
examiners Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

ANNUAL REPORT 2023 - 2024 21

Ideas Foundation

Report of the trustees

For the year ended 31 August 2024

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent Examiners

Godfrey Wilson Limited were appointed as independent examiners to the charitable company during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 20 March 2025 and signed on their behalf by

E M Smith - Chair

22 THE IDEAS FOUNDATION

Independent examiner's report

To the trustees of

Ideas Foundation

I report to the trustees on my examination of the accounts of Ideas Foundation (the charitable company) for the year ended 31 August 2024, which are set out on pages 24 to 37.

Responsibilities and basis of report

As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitable company's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 10 April 2025 Robert Wilson FCA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

ANNUAL REPORT 2023 - 2024 23

Ideas Foundation

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 August 2024

For the year ended 31 August 2024
Restricted Unrestricted
Note
£
£
Income from:
Donations
3
-
101,902
Charitable activities
5
190,865
-
Total income
190,865
101,902
Expenditure on:
Raising funds
-
17,556
Charitable activities
207,737
248,638
Total expenditure
7
207,737
266,194
8
(16,872)
(164,292)
Reconciliation of funds:
Total funds brought forward
58,154
238,603
Total funds carried forward
41,282
74,311
Net
income
/ (expenditure)
and movement in funds		 2024
Total
£
101,902
190,865
292,767
17,556
456,375
473,931
(181,164)
296,757
115,593		 2023
Total
£
151,055
507,113
658,168
10,752
628,330
639,082
19,086
277,671
296,757

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 15 to the accounts.

24 THE IDEAS FOUNDATION

Ideas Foundation

Balance sheet

As at 31 August 2024

As at 31 August 2024
Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
13
Net current assets
Net assets
Funds
15
Restricted funds
Unrestricted funds
General funds
Total charity funds		 £
27,345
99,272
126,617
(14,342)		 2024
£
3,318
112,275
115,593
41,282
74,311
115,593		 2023
£
6,046
51,579
264,713
316,292
(25,581)
290,711
296,757
58,154
238,603
296,757

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

Approved by the trustees on 20 March 2025 and signed on their behalf by

E M Smith - Chair

ANNUAL REPORT 2023 - 2024 25

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

1. Accounting policies

a) General information and basis of preparation

Ideas Foundation is a charitable company limited by guarantee registered in England and Wales. The registered office address is C/O Godfrey Wilson Limited, Chartered accountants and statutory auditors, 5th Floor Mariner House, 62 Prince Street, Bristol, BS1 4QD.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Ideas Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of provision of services is deferred until criteria for income recognition are met.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

26 THE IDEAS FOUNDATION

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

1. Accounting policies (continued)

e) Interest receivable

f) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Grants payable

i) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated in full to expenditure on charitable activities which is deemed to be reflective of the activities of the charity in this period.

j) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Fixtures and fittings 4 years

Items of equipment are capitalised where the purchase price exceeds £500.

ANNUAL REPORT 2023 - 2024 27

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

1. Accounting policies (continued)

k) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

l) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n) Financial instruments

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

o) Pension costs

The company operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

p) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key source of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements is depreciation as described in note 1(j) above.

28 THE IDEAS FOUNDATION

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

2. Prior period comparatives: statement of financial activities

Income from:
Donations
Charitable activities
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income / (expenditure)
3.
Income from donations
Gifts in kind (note 4)
Other < £10k		 Restricted
£
£
-
151,055
507,113
-
507,113
151,055
-
10,752
490,923
137,407
490,923
148,159
16,190
2,896
2024
Total
£
94,300
7,602
101,902
Unrestricted		 2023
Total
£
151,055
507,113
658,168
10,752
628,330
639,082
19,086
2023
Total
£
151,000
55
151,055

All income from donations in the current and prior year was unrestricted.

4. Gifts in kind

The following gifts in kind were received during the period:

Trainer materials
Consultancy
External venue hire
Advertising
Office rent
Equipment loan		 2024
Total
£
11,300
36,000
15,000
2,000
10,000
20,000
94,300		 2023
Total
£
33,000
38,000
10,000
45,000
25,000
-
151,000

ANNUAL REPORT 2023 - 2024 29

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

5. Income from charitable activities

Income from charitable activities
Grants:
Procter and Gamble
BBC
Garfield Weston
Manchester College
Canon Europe
Teeside University		 2024
Total
£
106,990
27,500
20,000
18,000
14,375
4,000
190,865

All income from charitable activities in the current and prior year was restricted.

Prior period comparative

Grants:
BBC
The Burberry Foundation
Canon
DCMS - King's Coronation
Engineer the Story - RAENG
Manchester College
Procter and Gamble
UCB Creating Connections Health Project		 2023
Total
£
50,000
1,000
11,625
263,000
11,000
18,000
114,000
38,488
507,113

6. Government grants

The charitable company received government grants, defined as funding from The Department of Culture Media and Sport to fund charitable activities. The total value of such grants in the year ending 31 August 2024 was £nil (2023: 263,000). There are no unfulfilled conditions or contingencies attaching to these grants in 23/24.

30 THE IDEAS FOUNDATION

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

7. Total expenditure

Total expenditure
Staff costs (note 9)
Fundraising costs
Advertising
Trainers, materials, programme
development and delivery
Travel
Printing, postage and stationery
Subcontractors
External venue hire
Consultancy
Office rent
Insurance
Premises costs
Other office costs
Professional fees
Subscriptions and memberships
Depreciation
Independent examination
Sub-total
Total expenditure
Allocation of support and governance
costs		 Raising
funds
£
15,456
2,100
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
17,556
-
17,556		 Charitable
activities
£
57,608
-
2,210
32,475
13,976
4,361
66,041
15,171
47,795
10,000
-
-
500
-
-
-
-
250,137
206,238
456,375		 Support and
governance
costs
£
67,442
-
1,351
-
5,748
590
48,367
-
49,239
-
1,627
982
14,422
5,602
5,140
2,728
3,000
206,238
(206,238)
-		 2024 Total
£
140,506
2,100
3,561
32,475
19,724
4,951
114,408
15,171
97,034
10,000
1,627
982
14,922
5,602
5,140
2,728
3,000
473,931
-
473,931

Total governance costs were £3,000 (2023: £7,200).

ANNUAL REPORT 2023 - 2024 31

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

7.
Total expenditure (continued)
Prior period comparative
Staff costs (note 9)
Fundraising costs
Advertising
Travel
Printing, postage and stationery
Subcontractors
External venue hire
Consultancy
Office rent
Insurance
Premises costs
Other office costs
Sundry expenses
Professional fees
Subscriptions and memberships
Depreciation
Audit
Sub-total
Total expenditure
Allocation of support and governance
costs
Trainers, materials, programme
development and delivery		 Raising
funds
£
5,668
3,632
-
-
-
-
-
1,452
-
-
-
-
-
-
-
-
-
10,752
-
10,752
-		 Charitable
activities
£
113,932
-
50,703
31,269
-
147,787
18,629
89,843
-
-
-
25
-
-
-
-
-
515,830
112,500
628,330
63,642		 Support and
governance
costs
£
36,745
-
833
4,858
127
11,972
-
4,488
25,000
697
794
8,925
2,537
3,081
2,780
2,463
7,200
112,500
(112,500)
-
-		 2023 Total
£
156,345
3,632
51,536
36,127
127
159,759
18,629
95,783
25,000
697
794
8,950
2,537
3,081
2,780
2,463
7,200
63,642
639,082
-
639,082

32 THE IDEAS FOUNDATION

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

8.
Net movement in funds
This is stated after charging:
Depreciation
Trustees' remuneration
Trustees' reimbursed expenses
Auditor's / independent examiner's remuneration (excluding VAT):
Independent examination
Statutory audit		 2024
£
2,728
Nil
91
2500
-		 2023
£
2,463
Nil
91
-
6,000

Trustees' reimbursed expenses comprise travel expenses for one trustee in the current and prior year.

In common with other charities of our size and nature we use our independent examiners to assist with the preparation of the financial statements.

9. Staff costs and numbers Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs		 2024
£
129,015
8,462
3,029
140,506		 2023
£
150,350
3,164
2,831
156,345

No employees earned above £60,000 during the year (2023: one employee earned between £70,000 - £80,000).

ANNUAL REPORT 2023 - 2024 33

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

9. Staff costs and numbers (continued)

The key management personnel of the charitable company comprise the trustees, the Chief Executive Office, and the Programme Director (2023: the trustees and the Chief Executive Officer). The total employee benefits of the key management personnel were £115,169 (2023: £90,467).

Average head count 2024
No.
3.5		 2023
No.
3.0

10. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11. Tangible fixed assets

Tangible fixed assets
Cost
At 1 September 2023
Additions in year
At 31 August 2024
Depreciation
At 1 September 2023
Charge for the year
At 31 August 2024
Net book value
At 31 August 2024
At 31 August 2023
Debtors
Trade debtors
Prepayments		 £
10,914
-
10,914
4,868
2,728
7,596
3,318
6,046
2024
2023
£
£
25,540
50,000
1,805
1,579
27,345
51,579
Fixtures and
fittings
10,914
4,868
2,728
7,596
3,318
6,046
2023
£
50,000
1,579
51,579

12. Debtors

34 THE IDEAS FOUNDATION

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

13. Creditors : amounts falling due within 1 year

Trade creditors
Accruals
14. Analysis of net assets between funds
Tangible fixed assets
Net current assets
Net assets at 31 August 2024
Prior period comparative
Tangible fixed assets
Net current assets
Net assets at 31 August 2023		 £
-
41,282
41,282
£
-
58,154
58,154
Restricted
funds
Restricted
funds		 2024
£
7,492
6,850
14,342
£
3,318
70,993
74,311
£
6,046
232,557
238,603
General
funds
General
funds		 2023
£
13,748
11,833
25,581
Total
funds
£
3,318
112,275
115,593
Total
funds
£
6,046
290,711
296,757

ANNUAL REPORT 2023 - 2024 35

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

15. Movements in funds

Restricted funds
Manchester College
Canon Europe
Procter and Gamble
P&G POH Extension Scoping
BBC
Creating Connections
King's Coronation
Teeside University for POH
Garfield Weston
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds		 £
-
4,073
15,598
-
20,003
11,207
7,273
-
-
58,154
238,603
238,603
296,757
At 1
September
2023		 Income
£
18,000
14,375
94,250
12,740
27,500
-
-
4,000
20,000
190,865
101,902
101,902
292,767		 £
£
(18,000)
-
(17,059)
1,389
(108,998)
850
(12,713)
27
(26,597)
20,906
(11,207)
-
(7,273)
-
(2,200)
1,800
(3,690)
16,310
(207,737)
41,282
(266,194)
74,311
(266,194)
74,311
(473,931)
115,593
At 31 August
2024
Expenditure		 £
£
(18,000)
-
(17,059)
1,389
(108,998)
850
(12,713)
27
(26,597)
20,906
(11,207)
-
(7,273)
-
(2,200)
1,800
(3,690)
16,310
(207,737)
41,282
(266,194)
74,311
(266,194)
74,311
(473,931)
115,593
At 31 August
2024
Expenditure
41,282
74,311
74,311
115,593

Purposes of restricted funds Manchester College

Plan and deliver Employability Bootcamp programme.

Canon Europe

Education programme design.

Procter and Gamble

Power of Hair workshop delivery.

P&G POH Extension

Scoping for new phase of Power of Hair.

BBC

Plan and deliver Creative Media Camp.

Creating Connections

Delivery of programmes related to creativity and wellbeing in Whitby and London.

King's Coronation

Exhibition of student work and legacy follow up of impact.

Teeside University for POH Development and delivery of 6 x Power of Hair workshops.

Garfield Weston

Contribution towards leadership and governance, capacity building, coaching, fundraising.

36 THE IDEAS FOUNDATION

Ideas Foundation

Notes to the financial statements

For the year ended 31 August 2024

15. Movements in funds (continued)
Prior period comparative
Restricted funds
The Burberry Foundation
Manchester College
Canon Europe
Engineer the Story - RAENG
Procter and Gamble
BBC
ITV Studios
Creating Connections
King's Coronation
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds		 £
2,583
-
-
9,283
27,580
-
2,518
-
-
41,964
235,707
235,707
277,671
At 1
September
2022		 Income
£
1,000
18,000
11,625
11,000
114,000
50,000
-
38,488
263,000
507,113
151,055
151,055
658,168		 £
(3,583)
(18,000)
(7,552)
(20,283)
(125,982)
(29,997)
(2,518)
(27,281)
(255,727)
(490,923)
(148,159)
(148,159)
(639,082)
Expenditure		 £
-
-
4,073
-
15,598
20,003
-
11,207
7,273
At 31 August
2023
58,154
238,603
238,603
296,757

16. Related party transactions

There were no related party transactions in the current or prior period.

ANNUAL REPORT 2023 - 2024 37

“ ” It was incredible to see the enthusiasm, ideas and presentations the young people produced, and the facilitators were brilliant and inspiring. We look forward to working with the Ideas Foundation again in the future

Kathryn Elliott

Partnership Director Teesside University

38 THE IDEAS FOUNDATION

THANK YOU TO

CORPORATE PARTNERS

Our programmes are made possible thanks to support in cash and in kind support from a range of companies across the UK. AKQA, Barclays, BBC, Canon Europe, Canon UK, Creative Floor, Dentsu, Frog, Fuji, Ideas Factory,Hahnemuhle, The Manchester College, Manchester Publicity Association, McCann, Ogilvy, One Point Five, Procter and Gamble, Queen Mary University of London, Red Bee, Teesside University, UCB, Wardour Communications, Whitby Pannett Art Gallery

EDUCATION PARTNERS

The commitment of the teachers and the co-operation of our school and college partners is vital to our work. The following schools and colleges who have worked with us:

Airedale Academy, West Yorkshire Beam County Primary, Essex Brettenham Primary, London Bush Hill Primary School, London Caedmon College, Whitby Capel Manor, London Castleton Primary Chesterfield, Whitby Churchfield Primary, London Cockshut Hill School, Birmingham Coedpenmaen Primary, Wales Cornelly Primary School, Wales Cranford Community School, London East Manchester Academy, Manchester Erdington Hall Primary, Birmingham Eskdale School, Whitby Falinge Park, Manchester Featherstone High School, London Fleecefield Primary, London Fulham Cross, London Georgetown Primary, Dumfries Glaisdale Primary, Whitby Graeme School, Falkirk Graham School, Scarborough Global Academy, London Grafton Primary, Essex Hendon School, London

Henry Green Primary School, Essex Space Studio West , London Heolddu High School, Wales St Anthony’s Primary, Rutherglen Highgate Hill City of London Academy St Gregory’s Primary, Bolton Holbeach Primary School, London St Josephs Primary, Scotland Houndsfield Primary, London St Kentigerns Academy, Scotland Lealholme Primary, Whitby St Michaels Primary School, Hertfordshire Lichard Primary, Wales St Monica’s Catholic School, Prestwich Lister Community School, London Starksfield Primary School, London Llanharri Primary, Wales Stebonheath Primary, Wales Llwynypia Primary, Wales Stockland Green School, Birmingham Lyndon School, Birmingham South Bank College, London Macclesfield College, Cheshire The Amos Bursary Trust, London Marsh Green Primary, Dagenham The Downley School, High Wycombe Meridian Angel, London The Grange Primary School, London Moorland Primary School, Wales The Oaklands Primary School, Birmingham Nelson and Colne College, Lancashire The Ruth Gorse Academy, Leeds Ninestiles School, Birmingham The Sacred Heart Language College, London Oaklands College, Hertfordshire Unity Primary School, Manchester Oakridge Primary, Whitby Upper Rhymney Primary School , Wales Old Farm School, Saltburn Victoria Primary, United Kingdom Our Lady & St Paul RC Primary, Lancashire West Cliff Primary Whitby, Whitby Our Lady of Lourdes Primary, Glasgow William Bellamy Primary, Essex Pegasus Primary School, Birmingham Williamstown Primary School, Wales Prendergast Ladywell School, London Woolwich Polytechnic for Girls, London Richard Taylor Primary, Harrogate Yarnfield Primary School, Birmingham Sea View Primary School, Wales Ysgol Llyn Y Forwen, Wales Southwood Primary School, Essex

OUR STAFF

The passion and commitment of our staff has been instrumental to delivering programmes across the country. Thanks to: Amanda Hayward[n] Angela Conwa[n] Anna Forsstrom Morris[n] Anne Laforce[n] Belinda Peach[n] Benedicta Joppa Hannah Pater[n] Heather MacRae[n] Helen Poole[n] Joe Thomson[n] Marisol Holmes[n] Paul Reid

THANKS TO OUR TUTORS AND ASSOCIATES

Adisa the Verbaliser[n] Annie Taylor[n] Aysha Iqbal[n] Ben Worth[n] Black Girls in Design[n] Carol Lichmore[n] Charlotte Turner David Burgess[n] Dr Leema Jabbar[n] Elicia McKenzie[n] Eliska Sky[n] Ella Otomewo[n] Ellayna Taylor[n] Emilie Lauren Jones Emma Wride[n] Giovanni Esposito[n] Holly Ferguson[n] John Mounsey[n] Kate Lander[n] Kulvinder Johal[n] Lydia Thornley Michael Cockerham[n] Peter Bakare[n] Rachael Lightowle[n] Rachel Rands[n] Shafia Fiaz[n] Tom Martin[n] Toni Peters

THANKS TO OUR TRUSTEES

Our trustees volunteer their time to ensure that the charity meets the governance requirements of the charity commission. We have said good bye to some long standing trustees and welcomed new trustees through an open competitive recruitment process. We have also established a shadow board to build capacity for new trustees.

The trustees who left us in the past year: Chris Harris[n] Pauline Wilson

The trustees who have continued to support us: Naomi Desalegne[n] Ted Smith[n] Jenny Wilkins

Welcome to our new trustees: Charlie Mawer[n] Simeon Quarrie[n] Will Worsdell

THANKS TO OUR SHADOW BOARD MEMBERS

Adrian Sladdin[n] Ben Conway[n] Christina Thakor-Rankin[n] Milan Desai[n] Rachel King

WE ALSO HAVE A WIDER COMMUNITY OF ADVISORY AND SUPER GROUP MEMBERS AND OUR ALUMNI GROUP. THANK YOU TO EVERYONE WHO IS SUPPORTING US.

39

ANNUAL REPORT 2023 - 2024

INSPIRING YOUNG PEOPLE TO UNLOCK THEIR CREATIVE POTENTIAL

Together, we can make a lasting impact on the lives of young people.

Visit ideasfoundation.org.uk to learn more Contact info@ideasfoundation.org.uk

@ideasfoundation OinX

~~For the year ended 31 August 2024 Company number 04270652~~

~~Charity number 1090451~~

40 THE IDEAS FOUNDATION