OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Ideas .. Matter Ideas Matter Annual Report FY 2022-23 charity number 1178999 company number 11213433

Our work this year Ideas .. Matter educate debate renewal ""Ideti* Motter .1 Cortipony nurribèr 11?134$3" .1 ch"aT¥ty mber1178999

Our public benefit Ideas .. Matter educate debate renewal 10 Ideos Ivlatter I Com an number11213433 1 Chor mber1178999

Accounts Ideas .. Matter educate debate renewal Ideas Motter I Company numbor11213433 1 Chority mber1178999

. . ~~lRH . ~~lRH . ~~lRH . ~~lRH
Income
Donations
and legacies		 48,409 2,517 50,926 108,755
Charitable
activities		 28,449 42,382 70,831 43,555
Other 447 447 17
Total 77305 44899 122204 152327
Expenditure
Raising funds 13,050 13,050 16,708
Charitable
activities		 45,332 36,462 81,794 87,567
Other 19,145 19,145 18,747
Total 77527 113989 123022
Net income/(expenditure) before tax for the
reporting
period		 -222 8,437 8,215 29,305
Net income/(expenditure) after tax before
investment
gains/gasses)		 -222 8,437 8,215 29,305
Net income/(expenditure) -222 8,437 8,215 29,305
Net movement
in funds		 -222 8437 8215 29305
Reconciliation
offunds
Total funds brought
forward		 159,225 18,565 177,790 148,485
Total funds carried forward 159003 27002 186005 177790

Donations and legacies and legacies
Donations and gifts 32,051 2,517 34,568 85,734
Gift Aid 6,358 6,358 13,021
General grants provided by
government/other charities 10,000 10,000 10,000
Totai 48409 2517 50926 108755
Charitable activities
Debating Matters 312 17,160 17,472 17,405
The Academy 24,252 24,252 6,874
Living Freedom 3,885 25,222 29,107 19,276
Other
Total 42382 70831 43555
Other
Other 447 447 17
Total 17
TOTAL INCOME 77305 44899 122204 152327

~IIII ~IIII ll
Expenditure
on raising funds
Incurred
seeking donations		 2,087 2,087 3,000 3,000
Incurred
seeking grants		 9,000 9,000 12,695 12,695
Staging fundraising
events
Advertising,
marketing,
direct mail and publicity 1,963 1,963 1,013 1,013
Total expenditure
on
raisin
funds		 13050 13050 16708 16708
Expenditure
on charitable		 activities
Debating
Matters		 7,838 8,580 16,418 881 1,500 20,755
The Academy 36,391 36,391 1,000 1,000
Living Freedom
Free Speech		 1,103 25,222 26,325 9,760 27,293
Champions/Other 2,660 2,660 5,305 75,700 38,519
Total expenditure
on
charitable
activities		 36462 81 794 16946 77200 87567
Other
Support costs 14,999 14,999 14,590 14,590
Legal costs
Other office costs 4,146 4,146 4,157 4,157
Total other ex enditure 19145 19145 18747 18747
TOTAL EXPENDITURE 77527 36462 113989 52401 77200 123022

FSC Donations FSC Donations 2,517 2,517
FSCCharitable Activities 1,743 42,382 35,545 8,580
Barbour Foundation 1,000 1,000
Oakdale Trust 750 750
Thomas Howell Trust 1,500 1,500
Total 10430 78,756 70,621 18,565

Ideas educate debate .. Matter renewal

Charity Name Ideas Matter Charity
No		 1178999
Company No 11213433
Annual accounts for the eriod
Period start date 01/04/2022
To		 Period end date 31/03/2023
s s e " . e
oZ
cioo Restricted
Unrestricted income Endowment Prior year
Recommended
categories		 by activity (0 funds funds funds Total funds funds
E E 6
Income (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations
and legacies		 801 48 409 2517 50 926 108 755
Charitable
activities		 802 28 449 42 382 70 831 43 555
Other' b'sdlng acbvlbss 303
Investments
Separate material
item ofincome		 S05
Other 447 447 17
Total 807 77,305 44,899 122,204 152,327
Expenditure
(Notes		 6)
Expenditure
on:
Raising funds 808 13 050 13 050 16 708
Charitable
activities		 Sog 45,332 36462 81 794 87 567
Separate material
expense item		 810
811 19 145 19 145 18 747
Total 312 77,527 36,462 113,989 123,022
Net income/(expenditure) before tax for the
reporting
pediod		 813 222 8,437 8,215 29,305
Tax payable 814
Net income/(expenditure) after tax before
investment
gains/(losses)		 815 222 8437 8 215 29 305
Nsi gains/(losses)
on investments		 816
Net income/(expenditure) 617 222 8437 8 215 29,305
Extraordinary
items		 818
Transfers between funds 618
Other recognised
gains/(losses):
Gains and losses on revaluation offixed assets for the charity's cwn
use 820
Other gains/(losses) 821
Net movementin
funds		 222 8437 8 215 29305
Reconciliafion of
funds:
Total funds brought forward 623 159,225 18565 177,790 148,485
Total funds canied forwarcf 824 159 003 27,002 186 005 177790
Note 2 Accounting
policies		 Accounting
policies
2.2 iNCOME
Recognition ofincome These are included
in the Statement
of Financial Activities (SoFA) when:
~
the charity becomes entitled
to the resources;
it is more
likely than not that the trustees
will receive the resources;		 * No* N/a*
the monetary
value can be measured
with sufficient
reliability.
There has been no offsetting
ofassets and liabilities,
or income and		 Yes* No* N/a*
Offsetting expenses,
unless required
or permitted
by the FRS 102 SORP or FRS
102.
Grants and donations Grants and donations
are only included
in the SoFA when the general
income recognition
criteria are met (5.10to 5.12FRS102 SORP).		 Yes*
v'		 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		 Yes* No* N/s*
goods or senrices as entitlement
to the grant only occurs when the
performance
related
conditions
are met (5.16FRS 102SORP).
Legacies are included
in the SOFA when
receipt is probable,
that is,
Legacies when there has been grant of probate, the executors have established
that there are sufficient assets
in the estate and any conditions
attached		 Yes" No* N/a*
to the legacv are either within the control ofthe charitv or have been
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
isa valid declaration
Tax reclaims on donations from the donor.
Any Gift Aid amount
recovered
on a donation
is		 Yes* No* N/a*
and gifts considered
to be part of that gift and is treated as an addition
to the
same fund as the initial donation
unless the donor or the terms ofthe
Contractual income and This is only included
in the SoFA once the charity has provided
the
related goods or services or met the performance
relaterl conditions.		 Yes* No* N/a*
performance related grants
Yes* No* N/a*
Donated goods Donated goods are measured
at fair value (the amount for which the
asset could be exchanged)
unless
impractical
to do so.
The cost of any stock ofgoods donated
for distribution
to beneficiaries
is
deemed
to be the fair value ofthose gifts at the time of their receipt and		 Yes* No* N/a*
they are recognised
on receipt.
In the reporting
period
in which the		 v'
stocks are distributed,
they are recognised as an expense at the
recognition,
which
is the expected proceeds from sale less the expected
costs of sale, and recognised
in 'Income
from other trading
activities'
with
the corresponding
stock recognised
in the balance sheet.
On its sale		 Yes* No* N/a"
the value of stock is charged
against 'Income from other trading
activities'
and the proceeds
from
sale are also recognised as 'Income
from other trading
activities'.
Goods donated
for on-going
use by the charity are recognised as		 Yes* No* N/a*
tangible
fixed assets and included
in the SoFA as incoming
resources
when receivable.
Gifts in kind for use by the charity are included
in the SoFA as income		 Yes* No* N/a*
from donations
when receivable.
Donated services and Donated
services and facilities are included
in the SOFA when received
at the value ofthe oift to the charitv orovided
the value ofthe cift can be		 Yes* No* N/a*

2.4ASSETS 2.4ASSETS
Tangible fixed assets for These are capitalised
if they can be used for more than one year, and
use by charity Yes* No* N/a*
They are valued
at cost.
The depreciation
rates and methods
used are disclosed
in note 14.
The charity has intangible
fixed assets, that is, non-monetary
assets		 that
Intangible fixed assets do not have physical substance
but are identifiable
and are controlled
by the charity through
custody or legal rights.
The amortisation
rates		 Yes* No* N/a*
and methods
used are disclosed
in note 15.
They are valued
at cost.		 Yes* No* N/a"
Heritage assets The charity has heritage
assets, that is, non-monetary
assets with
historic, artistic, scientific, technological,
geophysical
or environmental
qualities that are held
and maintained
principally
for theircontribution		 to Yes* No* N/a*
knowledge
and culture.
The depreciation
rates and methods
used as
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 year end.
The same treatment
is applied
to		 Yes* No* N/a*
unlisted
investments
unless fair value cannot be measured
reliably
in
which case it is measured
at cost less impairment.
Investments
held for resale or pending
their sale and cash and cash		 Yes* No* N/a*
equivalents
with a maturity
date of less than
1 year are treated as
current asset investments		 2
Stocks and work in Stocks held for sale as part of nonwharitable
trade are measured
at		 the Yes* No* N/a*
progress lower orcost or net realisable
value.
Goods or services provided as part ofa charitable
activity are measured
at net realisable
value based on the service potential
provided
by items		 Yes* No* N/a*
ofstock.
Work in progress
is valued at cost less any foreseeable
loss that is likely		 Yes* No* N/a*
to occur on the contract.
Debtors (including
tmde debtors and loans receivable) are measured		 on
Debtors initial recognition
at settlement
amount
after any trade discounts
or
amount
advanced
by the charity.
Subsequently,
they are measured		 at Yes* No* N/a*
the cash or other consideration
expected to be received.
Current asset investments The charity has investments
which
it holds for resale or pending
their
sale and cash and cash equivalents
with a maturity
date less than one		 Yes* No* N/a*
year. These include cash on deposit and cash equivalents
with a
maturity of loss than one year held for investment
purposes
rather than
Yes* No* N/a*
They are valued
at fair value except where they qualify as basic financial
instruments,
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROII/I
THOSE ABOVE
Note 3 Income Income Income Income Income
Restricted
Analysis of income Unrestricted
fullds		 Iucumu
funds		 Endowment
funds		 Total funds Prior year
5
Donations Donations and gifts 32,051 2517 34568 85734
and legacies: Gift Aid 6,358 6358 13021
Legacies
General grants provided by government/other
charities 10 000 10000 10000
Membership
subscriptions		 and sponsorships
which are in substance donations
Donated oods, facilities and services
Other
Total 48,409 2,517 50926 108755
Charitable
activities:		 Debating Matters 312 17160 17472 17405
The Academy 24 252 24 252 6874
Living Freedom 3,885 25222 29,107 19276
Other
Total 28,449 42,382 70831 43555
Other trading
activities:
Other
Total
Income from Interest income
investments: Dividend income
Rental and leasing income
Other
Total
Separate
material item
ofincome
Total
Other: Conversion ofendowment funds into income
Gain on disposal ofa tangible fixed asset held for
charity's own use
Gain on disposal ofa programme related
investment
Royalties from the exploitation of intellectual
property rights
Other 447 17
Total 447 17
TOTAL INCOME 77 305 44899 122204 152327
Other informatloni
Free Speech Champions donation 82517
Ail income in the prior year wss unrestricted except for: (please Free Speech Champions project wadi 642382
provide description
and amounts)
Where any endowment
fund ls converted		 Into income in thu
reporting period, please give the reason for the conversion.

Note 5
Donated goods, facilities		 Note 5
Donated goods, facilities		 and services
Last
This year year
Seconded staff 60,250 65,691
Use of property 2,193 4,159
Office costs 2,773 3,101
65,216 72 951
This ear Last ear
Please provide details of
the accounting
policy for		 Donation ofseconded staff by Academy of Donation of seconded staff by
the recognition
and		 Ideas to Ideas Matter charity as agreed in Academy of Ideas as agreed in
valuation
ofdonated		 Management Agreement Management Agreement
aoods. facilities and
Please provide details of
any unfulfilled
conditions
and other contingencies
attaching to resources
from donated goods and
services not recognised
in
income.
Please give details ofother
forms ofother donated
goods and services not
recognised
in the
accounts
ea contribution
Note 6 Expenditure Expenditure Expenditure
This year Last year
Rsetrleted
unrestricted Reslrlmed Endowment Unrestricted ttmnms EndmrmeBt
Analysis funds Income funds funds Tnlel funds funds funds funds Telsl funds
Ex enditum
on raisin		 funds:
Incurred seeking donations 2087 2087 3 000 3000
incurred
seeking legacies
Incurred seeking grants 9000 9000 12 695 12695
Operating
membership		 schemes and social
lotteries
Staging fundraising
events
Fundraising
agents
Operating
charity shops
Operating
a trading company		 undertaking non-
charitable
tradin
activ'
Advertising,
marketing,		 direct mail and publicity
1 963 1963 1 013 1 013
Start up costs incurred in generating new source
offuture income
Database development costs
Other trading
activities
Investment
management		 costs:
Porffolio 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 13050 13050 16 708 16708
Expenditure
on charitable activities:
Debating
Matters		 3838 8580 12418 881 19874 20755
The Academy 40391 40391 1 000 1000
Living Freedom 1 103 25222 26325 9 760 17533 27293
Free Speech Champions/other 2660 2660 5 305 33214 38519
Total expenditure
on		 chsritable activities 45332 36462 81794 16946 70621 87567
Se arete material
item ofex ense
Total
Other
Su
ort costs		 14,999 14999 14 590 14590
Le al costs
Other oflice costs 4 146 4 146 4 157 4 157
Total other expenditure 19145 19145 18747 18747
TOTAL EXPENDITURE 77527 36462 113969 52 401 70 621 123022
Other information:
Activity or programme Activity or programme Activity or programme Activities
undertaken
directly		 Grant
funding
of
activities		 Grant
funding
of
activities		 Grant
funding
of
activities		 Support
Costs		 Total this
year		 Activities
undertaken
directly		 Grant
funding
of
activities		 Grant
funding
of
activities		 Support
Costs		 Total last
year
Su ort costs
Other office costs
Other
Total
This year: Where sums orlglnagy denominated in foreign currency have
been Included in expenditure, oxplain ths basis on which those sums have
been translated Into sterling (or the curroncy In which the accounts are
drawn up).
Last year: Where sums orlginagy denominated in foreign currency have
been included In expenditure, explain tho basis on which those sums have
been translated into stergng (orthe currency In which the accounts are
drawn up).

This year Last year
Descri tion F
Extraordinary item 1
Extraordinary item 2
Extraordinary item 3
Extraordinary item 4

This year
f		 Last year
f
Trade debtors
Prepayments and accrued income
Other debtors -vat refund 2,554 533
Total 2,554 533.0
in debtors ab ove)
This year
f		 Last year
Trade debtors
Prepayments and accrued income
Other debtors
Total
Note 24
Cash at bank and		 in hand
This year Last year
F
Short term cash investments (less than 3months
Short term deposits
Cash at bank and on hand 183,451 177257
Other
Total 183,451 177,257
a CHARITY COMMISSION
Independent
examiner's
report on the
FOR EN(3LANO AND WALES
aGGOLlntS		 CHARITY COMMISSION
Independent
examiner's
report on the
FOR EN(3LANO AND WALES
aGGOLlntS		 CHARITY COMMISSION
Independent
examiner's
report on the
FOR EN(3LANO AND WALES
aGGOLlntS		 CHARITY COMMISSION
Independent
examiner's
report on the
FOR EN(3LANO AND WALES
aGGOLlntS
~ ~
Report to the trustees cl»1li'8/ s»»1»
I DL PiS ~Am
YEP~
On accounts for the year
ended		 p '( /
c&H i Z D2.3
Charity no
(ifany)
[ I 78
Set out on pages
ca»i»l»i»»
i» i»»»»s» Ulo»:.Isii ti»» iv.'»»»f »iidlil»t»11.';»»»t n
I report to the trustees
on my examination
ofthe accounts ofthe above
charity ("the Trust" )for the year ended
Responsibilities and As the charity's trustees,
you are responsible
for the preparation
ofthe
basis of report accounts
in accordance
with the requirements
ofthe Charities
Act 2011
("the Act").
I report
in respect of my examination
of the Trust's accounts carried out
under section 145ofthe 2011Act and
in carrying
out my examination,
I
have followed
all the applicable
Directions
given by the Charity Commission
under section 145(5)(b)ofthe Act.
Independent [The charity's
gross income exceeded f250,000 and
I am qualified
to
examiner's statement undertake
the examination
by being a qualified
member of [insert name of
applicable
listed body]]. Delete []ifnot app/icab/e.
I have completed
my examination.
I confirm that no material
matters
have
come to my attention
in connection
with the examination
(other than that
disclosed
below *) which gives me cause to believe that in, any material
respect:
e
the accounting
records were not kept in accordance
with section 130
ofthe Charities
Act; or
o
the accounts
did not accord with the accounting
records; or
I
the accounts
did not comply with the applicable
requirements
concerning
the form and content ofaccounts set out in the Charities
(Accounts and Reports) Regulations
2008 other than any requirement
that the accounts give a 'true and fair' view which
is not a matter
considered as part of an independent
examination.
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
ofthe accounts to be reached.
*Please delete the words in the bracketsif they do not apply.
Signed:
Name:		 Date:
]6
IZ 1Zo2.Z
q~ g ~iD~
Relevant professional
qualification(s) or body