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|||