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2022-03-31-accounts

our work this year b/o/i Battle of Ideas Company number11213433

our public benefit b/o/i Battle of Ideas Company number11213433

accounts b/o/i Bottle of Ideas Company number11213433

Income
Donations
and legacies		 73,554 35,201 106,755 263,570
Charitable
activities		 43,555 43,555 14,776
Other 17 17 11
Total 73,571 78,756 '152,327 278,357
Expenditure
Raising funds 16,708 16,708 19,615
Charitable
activities		 16,946 70,621 67,567 133,074
Other 16,747 16,747 22,135
Total 52,401 70,621 123,022 174,824
Net income/(expenditure) before tax for
the reporting
period		 21,170 8,135 29,305 103,533
Net income/(expenditure) after tax
before investment
gains/(losses)		 21,170 6,135 29,305 103,533
Net income/(expenditure) 21,170 6,135 29,305 103,533
Net movement
in funds		 21,170 8,135 29,305 103,533
Reconciliation
offunds
Total funds brought
forward		 146,465 148,465 44,952
Total funds carried forward 169,855 8,135 177,790 148,485

Donations and legacies Donations and legacies
Donations and gifts 50,533 35,201 85,734 180,917
Gift Aid 13,021 13,021 6,953
General grants provided
by
government/other
charities		 10,000 10,000
Total 73,554 35,201 108,755 187,870
Charitable activities
Debating
Matters		 17,405 17,405 201
The Academy 6,874 6,874 313
Living Freedom 19,276 19,276 294
Free Speech Champions 2,000
Other 38
Total 43,555 43,555 2,845
Other
Other 17 17
Total 17 17
TOTAL INCOME 73,571 78,758 152,327 180,727

~lmmm ~lmmm ~lmmm INNI
Expenditure
on raising		 funds
Incurred
seeking donations		 3,000 3,000 2,009 2,009
Incurred
seeking grants		 12,695 12,695 15,925 15,925
Staging fundraising
events		 500 500
Advertising,
marketing,		 direct
mail and publicity 1,013 1,013 1,181 1,181
Total expenditure
on raising
funds 16708 16708 19615 19615
Expenditure
on charitable		 activities
Debating Matters 811 19,874 20,755 22,665 1,500 24,165
The Academy 1,000 1,000 16,358 16,358
Living Freedom 9,760 17,533 27,293 6,977 6,977
Free Speech Champions 5,305 33,214 38,519 9,874 75,700 85,574
Total expenditure
on
charitable
activities		 16946 70621 87 567 55874 77200 133074
Other
Support costs 14,590 14,590 19,274 19,274
Legal costs
Other office costs 4,157 4,157 2,861 2,861
Total other ex enditure 18747 18747 22 135 22 135
TOTAL EXPENDITURE 52401 70621 123022 97624 77200 174824

5599ggg 5599ggg
FSC Donations 33,214 33,214
Debating
Matters Donations		 1,987 290 1,698
The Academy Fees 6,874 6,874
Federation
of Awarding		 Bodies 5,000 5,000
PERT 8,930 10,430 19,360
Debating
Matters School Fees		 224 224
FSCCharitable
Activities		 19,276 17,533 1,743
Barbour Foundation 1,000 1,000
Oakdale Trust 750 750
Thomas Howell Trust 1,500 1,500
Total 10,430 78,756 70,621 18,565

Charity Name Baitlo of Ideas of Ideas Chonty No 1178999
Company No 11213433
Annual accounts for the eriod
Period start date 01/04/2021 To Period end date 31/03/2022
e
e
0Zeooe
xr		 Unrestricted Restricted
income		 Endowment Prior year
Recommended
categories		 by activity rg funds funds funds Tots I funds funds
E E E E
Income (Note 3) F01 F02 F03 F04 F05
Income and endowments from;
Donations
and legacies		 601 73 554 35201 108 755 263570
Chaniable
acliviliea		 602 43555 43 555 14776
Other trading acgvii/ee 603
Investments
Separaie malarial
ilem ofincome		 S05
Other S06 17 17
Totai 307 73 571 78756 152 327 278357
Expenditure
(Notes		 6)
Expenditure
on:
Raising funds 808 16 708 16 708 19615
Char iiable activities 309 16,946 70,621 87 567 133,074
Separate materiel
expense item		 6f0
Other 311 18 747 18 747 22 135
Total 812 52 401 70621 123,022 174824
Net income/(expenditure) before tax for the
reporting
period		 313 21,170 8,135 29 305 103,533
Tax payable 314
Net income/(expenditure) after tax before
investment
gains/(losses)		 Sl5 21 170 8 135 29 305 103533
Net gains/(lasses)
on investments		 316
Net income/(expenditure) 317 21 170 8 135 29 305 103533
Extraordinary
items		 618
Transfers
between		 funds Sf6
Other recognised
gains/(losses):
Gains and losses on revaiuaii on of lixed assets for the charily'a own
uae 820
Other gaine/(loeeee) 321
Nef movement
in funds		 S22 21 170 8 135 29,305 103533
Reconciliation of
funds:
Torsi funds brought forward 323 138055 10430 148485 44 952
Total funofs carried forward 624 159,225 18,565 177,790 148,485
Chacly Name: Bsulc cl Name: Bsulc cl loose Charily Nc 1178999 1178999
(,cctlsn Nc 11213433
Q
c
8I		 Unrestricted Restricted
income		 Endowment Total mis Total last
/5 Binds funds funds year year
8 8 8 8
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) 551
Tangible assets (Note 14)
Heritage assets (Note 16)
Investments (Note 17)
Total fixed assets
Cunent assets
Stocks (Note 18)
Debtors (Note 19) B07 533 533 5399
Investments (Note 17.4)
Cash at bank and in hand
(Note		 24) 158,692 18,565 177,257 143086
Total cunant assets B10 159,225 177,790 14 485
Creditors: amounts falling due within
one year
(Note		 20) S11
Net currant assetsi(liabilitlesj Bo 159,225 18565 177,790 148,485
Total assets less cunant gab/lit/as B15 159,225 18,565 177,790 148485
Creditors: amounts falling
due		 after one
year
(Note 20)		 B14
Provisions for liabilities B15
Total net assets orliabilities 515 159,225 18,585 177,790 14,8485
Funds ofthe Charity
Endowment
funds (Note 27)		 B17
Restricted income funds (Nots 27) BIB 18 565 18,565
Unrestricted
funds		 B15 159 225 159,225 148485
Revaluation
reserve
Fair value reserve BZ1
Tata/ funds Bzz 159,225 18,565 177,790 14 488

Note 2 Accounting
policies		 Accounting
policies
2.2 INCOME
Reconnltion of Income These are included
in the Statement
of Financial
Activities ISoFA)when:
the charity becomes entitled
to Ihe resources;
it is more likely than not that Iha trustees
will receive the resources;		 No* N/a*
the monetary
value can be measured
with sufflclent
reliability.
Offsetting There has been no offsetting
ofassets and liabilities,
or income and expenses,
unless
required
or permitted
by the FRS 102 SORP or FRS 102.		 Yes* No' Iu/a*
Grants and donations Grants and donations
are only included
in the SoFA when the general
income
recognition
criteria are met (5.10 to 5.12FRS102 SORP).		 Yes* No* N/a*
In the case of performance
related grants,
income must only be recognised		 to
the extent that the charity has provided
the specified goods or services as		 Yes* No* N/a*
entitlement
to the grant only occurs when the performance
related conditions		 are
mel (5.16 FRS 102SORP).
Legacies are included
in the SOFA when
mceipt is probable,
that is, when		 there
Legacies has been grant of probate,
the executors
have established
that there are
sufficient assets
in the estate and any conditions attached
to the legacy are
either within
the control ofthe charity or have been met.
Government grants The charity has received
government
grants
in the reporting
period		 Yes* No* N/a*
Gift Aid receivable
is included
in income when there
is a valid declaration
from		 the
Tax reclaims on donations donor.
Any Gift Aid amount
recovered
on a donation
is considered
to be part		 of Yes* No' N/a*
and gifts Ihal gift and is treated as an addition
to the same fund as the initial donation
unless the donor or the terms ofthe appeal have specified othenvise.
Contractual Income and This is only included
in the SoFA once the charity has provided
the related
or services or met the performance
related conditions.		 goods Yes* No. N/s*
performance related grants
Donated goads Donated goods are measured
at fair value (the amount
for which the asset
be exchanged)
unless
impractical
to do so.		 could Yes* No* N/a*
The cast of any stock ofgoods donated
for distribution
to beneficiaries
is
deemed
to be Ihe fair value ofthose gifts at the time of their receipt and they are		 * * /a*
recognised
on receipt
In the reporting
period
in which the stocks are distributed,
they are recognised
as an expense at the canying
amount ofthe stocks at
Donated goods for resale are measured
at fair value on initial recognition,
which
is the expected proceeds
from sale fess the expected costs ofsale, and		 *
recognised
in 'Income
ftom other tmding
activities'with
the corresponding
stock
recognised
in the balance sheet.
On its sale Ihe value of stock is charged
against 1ncome from other trading
activities'
and the proceeds
from
safe are		 also
recognised as 'Income
from other trading
activillest
Goods donated
for on-going use by the charity are recognised as tangible
fixed		 Yes* No' N/a*
assets and included
in the SoFA as incoming
resources
when receivable.
Gifts in kind forces by the charity are included
in the SoFA as income from
donations
when receivable.
Donated services and
facilities		 Donated
services and facilities are included
in the SOFA when receivod at the
value ofthe gift to the chanly provided
the value of the gift can be measured
reliably.
Donated
services and facilities ttiat are consumed
immediately
are recognised		 as
income
with an equivalent
amount
recognised as an expense
under the
appropriate
heading
in the SOFA.
Support costs The charity has incurred
expenditure
on support costs.
Volunteer help The value of any voluntary
help received
is not included
in the accounts but
described
in the trustees'
annual
report.		 is
income from income from income from interest, interest, This is included
in the accounts when receipt is pmbable
and the amount
royalties and dividends receivable
can be measured
reliably.
Income from membership Membership
subscriptions
received
in the nature ofa gift are recognised
in		 Yes* No* N/a*
subscrlptions Donations
and Legacies.
Membership
subscriptions
which gives a member the right to buy services or other		 yes* No* N/s*
benefits are recognised
as income earned
from the provision
of goods and
services as income
from chanlable
activities.		 v'
Settlement
claims		 ofinsurance Insurance
claims are only included
in Ihe SoFA when the general
income
recognition
critena are met (5.10 to 5.12FRS102SORP) and are included as
item of other income
in the SoFA.		 an
investment
losses		 gains and This includes
any reatised or unrealised
gains or losses on the sale of
investments
and any gain or loss resulting
from revaluing
investments
to market
value at the end of the year.		 Yes* No* N/a*
2.3 EXPENDITURE AND LIABILITIES
Liabilities are recognised
where
it is more likely than not that there is a legal or
Liability recognition constructive
obligation
committing
the charity lo pay out resources
and the
amount of the obligation
can be measured
with reasanabie
certainty.
Governance
costs		 andsupport Support costs have been allocated
between
governance
costs and other
support.
Governance
costs comprise
ali costs involvtng
public accountability
of		 Yes* No* N/a*
the charily and its compliance
with regulation
and good practice.
Support costs include central functions
and have been allocated
to activity cost
categories
on a basis consistent
with the use of resources, eg allocating
property
costs by floor areas, or per capita, staff costs by the time spent and other costs
by their usage.
Grants
with		 performance Where the charity gives a grant
with conditions
for its payment
being a specific
conditions level of service or output to be provided,
such grants are only recognised
in the
SoFA ance the recipient of Ihe grant has provided
the specified service or
oulpuL
Grants payable without Where there are no conditions
attaching
to the grant that enables the donor
porformance conditions charity
to realistically
avoid the commitment,
a liability for the full funding		 Yes* No* N/a*
obligation
must be recognised.
Redundancy cost Yea* No* N/a*
Deferred income No matenal
item of deferred
income has been included
in the accounts.		 Yes* No' N/a*
Creditors The charity has creditcm which are measured
at settlemenl
amounts
less any
trade discounts		 Yes* No* N/a*
A liability a measured
on mcognition
at its historical cost snd then subsequently
Provisions for liabilities measured
al the best estimate
ofthe amount
required
to settle the obligation		 at
the reporting
date
The charity accounts for basic financial
instruments
on initial recogmtmn
as per
Basic financial instruments paragraph
10.7 FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17 to 11,19,FRS102SORP.
2.4ASSETS
Tangible gxed assets for These are capitalised
if they can be used for more than one year, and cost at
use by charity Yes* No* N/a*
They are valued at cost.
The depreciation
rates and methods
used a/e disclosed
in note 14.
1he ctiarity has intangible
fixed assets, that is, nonvnonetary
assets that do not
Intangible lixod assets have physical substance
but are idenbfiable
snd are contmlied
by the chanty
Ihrough
custody or legal rights.
1he amortisation
rates and methods
used are		 Yes* No* N/a*
disclosed
in note 15.
They are valued at cost. Yes* No' N/a*
The charity has heritage assets, that is, non-monetary
assets with histori,
artistic,		 * * *
Heritage assets scientific, technological,
geophysical
orenvironmental
qualities that are held
and
maintained
principally
for their contribution
to knowledge
and culture.
The
depreciation
rates and methods
used as disclosed
in note 16.
Yes* No* N/a*
They are valued at cost.
Fixed asset investments
in quoted shares, traded bonds and similar investments
Investments are valued at initially at cost and subsequently
at fair value (their market value)
at the vearend,
The same treatment
is applied
to unlisted
investments
unless		 Yes* No* N/a*
fair value cannot be measured
reliably
in which case it is measured
at cost less
imps irma nt.
investments
held for resale or pending
their sale and cash and cash equivalents		 Yes* No* N/a'
with e maturity
date of less than
1 year are treated as cunent asset investments
Stocks and work in Stocks held for sale as part of non-charitable
lrade are measured
at the lower or
progress cost or net realisable
vafue.
Goods or services provided
as part of a charitable
activity are measured
at net
realissble
value based on the service potential
provided
by items ofstock.
Work in progress
is valued at cost less any foreseeable
loss thai is likely to occur		 Yes' No* N/a*
on the contract.
Debtors (including
trade debtors and loans receivable) are measured
on initial
Debtors recognition
at settlement
amount
after any lrade discounts
or amount
advanced
by lhe charity.
Subsequengy,
they are measured
at Ihe cash or other
consideration
expected to be received.
0urrenIasseI fnvasI e Is The chanty has inveslmenls
which
it holds for resale or pending
their sale and
cash and cash equivs Ients w ith a maIurity date
Iess than one year. These		 Yes* No* N/a*
include cash on deposit and cash equivalents
with a maturity
ofloss than one
year held for investment
purposes
rather than to meet short-term
cash
They are valued at fair value except whew
lhey qualify as basic financial
instruments.
Note 3 Income Income Income Income
Restricted
Analysis of income unrestricted
fuhris		 incama
fuari*		 Endowment
funds		 Total funds
E		 Prior yasr
f
Donations Donations and gifts 50533 35201 85 734 180 917
and legacies: Gift Aid 13021 13 021 6 953
Legacies
General grants provided by government/other
charities 10000 10 000
Membership subscriptions and sponsorships
which are in substance donations
Donated cods, facilities and services
Other
Total 73,554 35,201 108 755 187 870
Charitable Debating Matters
activities: 17,405 17,405 201
The Academy 6 874 6 874 313
Living Freedom 19276 19 276 294
Free Speech Champions 2 000
Other 38
Total 43,555 43 555 2 846
Othertradlng
activities:
Other
Total
Income from Interest income
investments: Dividend income
Rental and leasing income
Other
Total
Separate
material item
of income
Total
Other: Conversion of endowment funds into income
Gain on disposal ofa tangible fixed asset held for
charity's own use
Gain an disposal afa programme related
investment
Royalties from the exploitation
of		 intellectual
property rights
Other 17 17
Total 17
TOTAL INCOME 73571 78756 152327 190 727
Other information:
FSCDonations&33, 214-Free Speech Champions donation
Debating Matters Donatians-E1, 987-Debating Matters Danatians
The Academy Fees-E6,874-The Academy Fees
Federation of Awarding Bodies-E5,000-Debating Matters Grant
All income
in the prior year was unrestricted
provide description
snd amounts)		 except for: (please PERT&10,430-Debating
Msttem
Grant
Debating
Matters School Fees-f224-Debating
Matters Fees
FSCCharitable
Activities-E19, 276-Living
Freedom Grant
Barbour Foundation-f 1,000-Debating Matters Grant
Oakdale Trust-E750-Debating Matters Grant
Where any endowment
fund		 is converted into income in the
reporting period, please give the reason for the conversion.
This year
Descri tion E
Government grant 1
Government grant 2
Government grant 3
Other
Total
Last year
Descri tion 2
Government grant 1
Government grant 2
Government grant 3
Other
Total
This ear Last ear
Please provide details ofany unfulfilled
conditions and other contingencies
at(aching
to		 grants that have been
recognised in income.
This ear Last ear
Please give details ofother forms of
government assistance from which the
charity has directly benefited.
Donated goods, Donated goods, facilities and services facilities and services facilities and services
This year Last year
6 6
Seconded staff 65691 78258
Use of property 4 159 3687
Office costs 3,101 5,957
72951 87902
This ear Last ear
Please provide details ofthe accounting
policy for the recognition
and valuation
of donated goods, facilities and
seIVIces.		 Donation ofseconded staff by
Academy
ofIdeas to Battle of
Ideas as agreed
in Management
A reement		 Donation ofseconded staff by Academy of
Ideas to Battle of Ideas as agreed
in
Mana
ementA
reement
Please provide details ofany unfulfilled
conditions
and other		 contingencies
attaching
to resources		 from donated
goods and services not recognised in
income.
Please give details of other forms of
other donated goods and services not
recognised
in the accounts, eg
contribution
of unpaid		 volunteers.
This year Last year Last year
Restricted Rastrictad Endow
Unrestricted income Endowment Unrasiriotad inooma ment
Analysis funds funds funds Total funds funds funds funds Total funds
Ex enditure
on raisin		 funds:
Incurred
seeking
donations		 3,000 3000 2 009 2009
Incurred
seeking legacies
Incurred
seeking grants		 12695 12695 15 925 15925
Operating
membership		 schemes and social
lotteries
Staging fundraising
events		 500 500
Fundraising
agents
Operating
charity shops
Operating
a trading company		 undertaking non-
charitable
tradin
activit
Advertising,
marketing,		 direct mail and publicity
1 013 1013 1 181 1 181
Start up costs incurred in generating new source
offuture income
Database development costs
Other trading activities
Investment
management		 costs:
Portfolio management
costs
Cost ofobtaining
investment		 advice
Investment
administration		 costs
Intellectual
property
licencing		 costs
Rent collection, property repairs and
maintenance
charges
Total expenditure
on raising		 funds 16708 16708 19615 19615
Expenditure
on charitable		 activities:
Debating
Matters		 881 19874 20 755 22 665 1 500 24 165
The Academy 1 000 1 000 16358 16358
Living Freedom 9,760 17,533 27,293 6977 6977
Free Speech Champions 5305 33214 38519 9874 75700 85574
Total expenditure
on charitable		 activities 16946 70 621 87567 55874 77200 133074
Se arete material
item		 ofex ense
Total
Other
Su
ort costs		 14590 14,590 19274 19274
Le at costs
Other office costs 4 157 4 157 2 861 2 861
Total other expenditure 18747 18747 22 135 22 135
TOTAL EXPENDITURE 52 401 70 621 123022 97 624 77200 174824
This ear Last ear
Activity or programme Activities
undertaken
directly
Grant
funding
of
activities		 Support
Costs		 year Activities
undertaken
directly		 Grant
funding
of
activities		 Suppor
tCosts		 Total last
year
Su ort costs
Other office costs
Other
Tots I
This year: Where sums originally denominated in foreign currency
have
been included
in expenditure,		 explain the basis on which those sums
have been translated into sterling (or the currency in which the accounts
are drawn up).
Last year: Where sums originally denominated in foreign currency
have
been included
in expenditure,		 explain the basis on which those sums
have been translated into sterling (or the currency in which the accounts
are drawn up).

This year Last year
Descri tion E
Extraordinary item 1
Extraordinary item 2
Extraordinary item 3
Extraordinary item 4
Total extraordinary items

enter Tyin the appropriate box(es).
This year Last year
E E
Independent examiner's fees
Assurance services other than independent examination
Tax advisory fees
Other fees (forexample: financial advice, consultancy, accountancy services) paid to the
independent examiner

This year Last year
Trade debtors
Prepayments and accrued income
Other debtors - vat refund 533 5399
Total 533 5,399.0
Trade debtors
Prepayments and accrued income
Other debtors
Note 24
Cash at bank and		 in hand
This year
E
Short term cash investments (less than 3months maturity date)
Short tenn deposits
Cash at bank and on hand 177,257 143086
Other
Total 177,257 143,086