Ideas .. Matter Ideas Matter Annual Report FY 2023-24 Charity number 1178999 Company number 11213433 Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas About Ideas Matter The trustees present their report along with the financial statements of the charity for the financial year from 1 April 2023 to 31 March 2024. Ideas Matter is a charity registered with the Charity Commission under registration number 1178999 and a company limited by guarantee with registration number 11213433. Trustees: Structure• governance and management Ferenc Furedi (full year, chair) Ideas Matter is governed by a memorandum and articles of company association Philip Roy Mullan {full yearl Ideas Matter is a company charity Luke Samuel Gittos (full yearl The company directors are also the charlty Trustees Sheila Frances Lewis (full year, treasurer) Advlsors: The company is limited by guarantee Jane Sandeman (independent examiner, fellow member of the Association of Chartered Certified Accountants) Registered charity number.. 1178999 Company registration number: 11213433 Key employees: Geoff Kidder (chief executive} Alastair Donald {secretaryl Address and contact: Ideas Matter 5-8 The Sanctuary Westminster London SW1 P 3JS ideasmatter.org.uk 020 7269 9234 Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Objects and activities Ideas Matter was set up with two aims: 1. To advanc8 education, in particular but not exclusively, by providing a forum for discussion and debate through the organisation of public debates, festivals and summer schools involving academics, thinkers and experts that deepen and enrich the knowledge and understanding of all participants. 1]4:1,Illkl Debating Matters 2. To advance good citizenship, in particular but not exclusively, through the promotion of ideas of tolerance, open debate and participation in democracy through the organisation of live events, and in print and online. An innovative and engaging approach to schools debating, emphasising substance over style, and the importance of taking ideas seriously. Summary of the main activities undertaken for the public benefit in relation to these objects: FP.l-. IIl.IM Ideas Matter charity's overriding ambition is to encourage a culture of learning and discussion, in order to enhance public debate of the many questions that face society and citizens today. To that end, the organisation pursues projects that encourage both self- education and a willingness to debate people with other viewpoints. Our work is not aimed specifically at any one section of society but at the broader culture of intellectual engagement and participation. To that end, we work with adults and soorn-to-be adults wherever the opportunity for debate arises. Living Freedom Our annual residential school that allows 18- to 30-year-olds to explore ideas around the past, present and future of freedom by engaging with 'the best that is known and thought, and the provocations of contemporary intellectuals. Academy re2 The major activities undertaken include organising education and citizenship projects, specif ically the projects Debating Matters, Living Freedom and The Academy. The Academy Our annual summer school for all ages interested in studying ideas. Organised each year around a specially chosen theme, lectures on philosophy, history and culture demonstrate the value of scholarship in itself over instrumental approaches to knowledge. Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Our work this year Ideas Matter Company number 11213433 | Charlty num 1178999 Ideas • Matter Chief Ex utive's Comment 'This was a packed year for the Ideas Matter charity. Following the change of name we adopted last year, we had a chance this year to really grow into our new identity. The wide range of events, and the continued success of each and every one of our projects, gave a fresh impetus to the work of the charity and allowed us a much-needed opportunity to engage an exciting group of participants. This includes not just the young people around Debating Matters or Living Freedom - but also our wide network of judges, speakers and supporters. I feel confident that, after the successes of this year, we are in a great position to continue to deliver on our objectives in the coming year. As ever, we look back with pride on a busy year of making good on our mission: bringing ideas back into the heart of society. Because society sorely needs it. Geoff Kidder Chief Executive Page Ideas Matter number 11213433 | Charity number 1178999 Compa Ideas Debating Matters As Debating Matters entered its twenty-first year the sixth-form debating competition returned to some familiar venues and some new, engaging pupils from across the UK and in Berlin. This year also saw the launch of a new and invigorated version of Beyond Bars- an initiative working with women prisoners at HMP Bronzefield, Surrey. It was back to London in July for the 2023 DM London Championship and then a site visit to Bronzefield Prison to meet with prison off icers and female prisoners in preparation for Beyond Bars 2023. Over the course of the year, the competition held four championships, two showcase events and the prison programme involving: Over 450 school pupils As many as 50 female prisoners Some 45 teachers & prison education officers In August and September, Debating Matters completed an uplifting project with prisoners of HMP Bronzefield - the biggest women's prison in the UK. The Beyond Bars programme demonstrated that the DM format of rigorous, well-researched and impassioned debate is as much at home in prisons as it is in schools. Over 100 volunteer judges The release of 9 new or updated Topic Guides The summer term was a particularly busy one After two intensive training days, participants for DM as the competition made a visit to the engaged in two days of tough debate and a Durham Union on 8 June, then took part in a special 'Question Time'.style discussion with special event at the 104 London Debaters club. panellists Lord Maurice Glasman, Timandra before flying across to Germany for the eighth Harkness. Martin Wright and Alka Sehgal annual DM Berlin Championship. Cuthbert. The autumn term saw the DM team take part in the Leeds Salon Annual Years 10&11 Debating Competition. Debating Matters is the off icial 'Judging Partner. for the competition, providing the Topic Guides, judges and judge recommendations as well as contributing to prizes for the event. This annual competition gives us an important presence in the north and allows us an opportunity to connect with more schools in Yorkshire. Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Debating Matters A return to the Battle of Ideas festival in October led to a showcase debate between New College and Richmond-upon-Thames College, on the motion 'Social egg freezing empowers women, It was an excellent opportunity to promote our work with like- minded people and organisations at such an important, well-attended event. Being able to showcase the event at the House of Lords was a fitting demonstration of the importance of debate and dialogue, and provided an unforgettable experience for the young participants. Competing in such a historic and iconic venue, with peers and esteemed judges present, brought a sense of gravitas and achievement, and we hope it was a standout moment for the young debaters, intellectual journeys. In all, this was a busy and successful year for Debating Matters, which saw us bring our '20 for 20, programme to a close as well as forging some relationships which will no doubt set the competition up for another successful year ahead. House of Lor¢8 I phoiooraphy by Roger Harris In the new year, and rounding off an exciting year of new initiatives, four schools from the four corners of the UK came together to compete in DM at the House of Lords for the second year running. Judges included a number of our regular DM judges as well as peers from the House of Lords including Baroness Smith of Newnham, Lord Triesman and Lord Trevethin and Oaksey. Hou88 of Lords I photography by Roger Harris Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Living Freedom This year, Living Freedom continued and expanded its annual summer school, but at the same time moved into new territory and engaged young people in a variety of new settings. This significant expansion was a tremendous success and will be the bedrock of a much-expanded programme going fo￿ard. Some salons reflected on important thinkers from history and offered an opportunity to understand the emergence of key ideas and ideals and debate if and how they remain important in the present. The summer school this year was jam-packed with intellectual stimulation and was our best- attended yet, with a new venue allowing us to expand the capacity. Young people from across the country, the continent, and indeed the world engaged in topics from the freedom of conscience and progress to Al and campus activism. Others focused in on contemporary hot topics from social media to religious freedom, and explored the complexities of these issues and their implications for free speech. These events were well-attended and demonstrated an appetite for in-depth discussion that moves beyond the usual platitudes found on university campuses, It was especially exciting that this year we attracted a broad range of young people committed to making freedom a reality - from newly formed student groups doing campus campaigns to young people engaged in the fight for freedom across Europe and North America. I,Y This year, Living Freedom expanded our university salon series, with 10 events in universities across the UK and Ireland that reached a combined 400 students. Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Living Freedom The year also saw Living Freedom make a They included our annual Christmas balloon range of improvements to our engagement with debate, with the panellists arguing for their young people. The project has grown over the favourite representation of freedom from the past year, with more young people than ever arts and culture. We also covered issues like engaged through our university series - not just misinfomiation, free speech on campus and a one-off event but a proper network for young more. people and a comprehensive programme of events. This year has seen a record number of young people engaged in our work. We also hosted a series of 'London Freedom Forums, _ regular informal discussions aimed at allowing young thinkers the opportunity to develop their speaking and chairing skills by taking part in panel discussions. These events allow young people to get together and dig a bit deeper into some key tOPlC5 of the day from misinformation to free speech on campus and to meet and socialise with like-minded peers. Finally, we should mention that Living Freedom has been lucky to cultivate a number of young advocates for freedom who are now involved in the running of the project as well. Around a dozen graduates of the summer school are engaged as volunteers and program co- ordinators, and have helped organise the university events. UNNEftsmES Orl•l Coll•g•. Unlv•r•ltyolOxlord CrltlEalSubl•c¢i ArGhll•Etur•5Eh•¥l S•lwynColleg9. UnlvvrnltyolCambrfdg• Souiheolleg•.iinlv•FsltyolDurhom e F•tstuary 7F•bruary l¥ F•bruury 16 February 20F•tytu•ry 22FebYuory UnlvevsltyvlWarwl¢ rrtnltycoll4g•Dublln Londohschool ofE¢onomks Unlv*rgltyolEx•t•r ilnlvmltyolEdlntyUlgh 19 Murch 2Q March 25 Moreh Page 10 Ideas Matter Company number 11213433 | Charity number 1178999 Ideas The Academy We were delighted to put together another edition of our annual project The Academy. This year, we asked 'What happened to the future?1 Sessions tackled a wide range of issues and events, from transhumanism & science fiction to the idea of a 'new elite,, and from the resurgence of dystopian thinking to the concept of historical progress. The key questions on the agenda were: How can we challenge the pessimism and fatalism that rules over the current political moment? Ideas Mattel How does our current unease contrast with previous visions of man's place within history? What social forces underpinned utopian politics in previous eras? e(IIicclte We were lucky to be able to involve some of the moment's most important thinkers and commentators, from Professor Matthew Goodwin to Frank Furedi, the Telegraph's Sherelle Jacobs to the art critic JJ Charlesworth. Why do art and culture seem to have run out of steam? And how does the unease about the future relate to our disquiet with our past? As an additional bonus for the event, we were able to benefit from the recording of all the lectures, which were released on our YouTube channel enabling access by a wide audience. Ideas e(IIiLate dL'bate reiiewal We are delighted that the content and spirit of the event was of its normal high standard. It was a return to our regular event venue Wyboston Lakes, where around 175 people including a number of people on reduced price scholarship tickets - came together for a weekend of serious thought and reflection. As ever, it was a chance to ask hard questions and reflect in good company on one of the thorniest issues of our time. Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Matter Our public benefit Ideas Matter Company number 11213433 | Charity numb 1178999 Ideas Assessing our public benefit for the year Ideas Matter has suggested using the following criteria to judge the effectiveness of its projects The quality of debates: are the speakers well-informed, do they present their arguments well and have the topics and presentations engaged the audience7 Geographical spread: can the organisation successfully produce events beyond London, both in the UK regions and across Europe, broadening the experiences that inform the discussions? This year, through diverse discussions across our initiatives, we exceeded our goals. All three projects showcased remarkable intellectual engagement. Debating Matters focused on producing a wide range of comprehensive topic guides, broadening its impact. Living Freedom grew significantly, engaging more students and tackling key historical thinkers on university campuses. The Academy offered intellectually thrilling lectures and discussions, directly addressing the pressing issues of the current moment. Our digital footprint-spanning YouTube, social media, and project updates-has allowed us to engage audiences from a wide array of locations. This increased reach was mirrored in our in-person activities, with Living Freedom hosting salon events in new cities, creating fresh opportunities for participation outside London. The size and mix of audiences: have the debates and other events attracted sizeable audiences that include a reasonable cross- section of society7 Debating Matters engaged a diverse range of people this year, concluding its 20th anniversary celebrations by bringing together friends, old and new. Living Freedom attracted strong attendance from the vital 16-30 age group, with its largest-ever summer school, and impressive turnout for its salon and forum events. The Academy broadened access during this period by continuing its scholarship programme for younger or financially challenged individuals. Page 13 Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Our year in brief 450 School pupils involved Participants from across the world engaged A host of online resources, videos and readings 4,000 Estimated total individuals reached Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas • Matter Our year in quotes Debating Matters "I love Debating Mattersl What brings me back every year is the enthusiasm and engagement of the students. And it's not only the debaters who show this enthusiasm, it's also their classmates who fire targeted questions at the opposition and support their teams. Debating Matters is a clear demonstration of student potential unleashed in a constructive format." Khushi Pasquale, Debating Matters Berlin judge "I have loved this experience and learned a phenomena amount.. I loved being asked questions and being challenged - it really was a healthy debatel Anonymous Debating Matters Beyond Bars participant Living Freedom 'Living Freedom fuelled my intellectual curiosity, igniting profound discussions and forging connections that broadened my perspectives on freedom like never before. an experience every young mind should embracelll Ryan Hoey, attendee, Belfast '1 really enjoyed Living Freedom last week, it was really insightful to hear so many different perspective and views from a range of different topics. Whilst there were opinions I disagreed with there were many that changed mine. Having the ability to talk to people without it brewing into arguments was refreshing. Abijeet Sansoy, attendee, London "Living Freedom is a place where free-spirited individuals can come together to have their ideas debated and strengthened, not cancelled. Lavinia Johnson, attendee, Oakham '1 never thought I could learn so much in the short span of three days, but Living Freedom proved me wrong. l also met some incredible, like-minded people at the event, making it a great opportunity to network and build connections. Overall, this was a thoroughly amazing experience that I would love to return to next yearlYI Emma Zaoli, attendee, first-year student at Durham University "It was fantastic and an inspiration to see the curiosity and hunger for debate present among the attendees." Sonia Gallego, speaker. journalist and senior producer. Al Jazeera English "It's easy to be cynical about the state of public debate right now, but Living Freedom shows that there's a younger generation ready to grapple with big issues. open to intellectual challenge and keen to think things through for themselves. JJ Charlesworth. speaker. art critic and editor, ArtReview Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Our year in quotes "My mind was stretched and my thoughts challenged in the best possible way, leaving me with a sharpened perspective of the most pressing issues of today. I was able to make connections between topics as seemingly divergent as freedom of conscience, big tech, literature, classical music, and philosophical notions of 'progress' Truly grateful to have explored these questions with an interested group of peers. who coincidentally knew how to have lots of fun along the way." Ella Nixon, speaker., art historian 'Living Freedom is a r@freshing opportunity to engage with bright young minds, generating an exciting buzz of questions and reflections from a range of perspectives. An annual workout for freedom of thoughtlll Dr Jennie Bristow, speaker. senior lecturer, Canterbury Christ Church University The Academy "I really liked The Academy and would definitely be keen to come along next year. Thanks for your hard work and leadership helping organise it." Mayur Gupta, Academy attendee "Thank you so much for organising such a great eventl The event helped to expose me to new ideas and ways of thinking about the future I had not considered and I thank everyone for that. Hugo Okada, Academy scholarship recipient "Fabulous event. Food for thought and wonderful to have the opportunity to mingle with people from all sorts of backgrounds who are all united in their interest in the world around them and the events that are shaping the future. Johanna Barry, Academy attendee 'If you are concerned about where society and politics is taking us then this event will be right up your street. Not just for the intellectual but the lay person with an open mind the Academy of Ideas allows for all thought and discussion. Janice Lukas. Academy attendee 'It was so encouraging to meet so many friendly, intelligent people and discuss prevailing issues with openness and common sense. Patricia Kavanagh-Brown, Academy attendee "All of the lectures fit so well together and made you think, what a way to get excited about the futurel" Felice Basboll, Academy scholarship recipient Page 16 Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Accounts Ideas Matter Company number 11213433 | charity.num 1178999 Ideas Matter Summary Summ8ry Unrestrfcted funds Rtrgtrleted income Total funds funds Prior year funds Income.. Donations and legacies Charltable activitie5 52,374 470 52.844 50.926 58,926 10,000 68,926 70.831 Othèr 2.152 2,152 447 Total 113.452 10.470 123.922 122.204 ExpÈndltur¢: Raislng lunds Charitable activiti85 12,732 12,732 13,050 71,519 18,782 26,642 98,181 81,794 Othèr 18,782 19.145 Total 101,IK93 12,419 26,642 127,875 112,989 8,215 Net incomè/lexp8nditurel before tax lor the reportlng parlod Tax payable Net Incomellexpenc5iturel aftgr tax before nvestment gains/llossesl Nat Ineome/lexpenditurel Net mov•m•nt In lund¥ -16.172 -3,753 12,419 -16,172 -3,7S3 8,21 S 12,419 -16.172 -3,753 8,21 S 12.419 -16,172 -3,753 8.215 Roconclliatlon of fund#: Total funds brought loM4rd Total lund8 earrled fonyard 159,003 27,002 186,005 177,790 171,422 10,830 182,252 186,005 The Ideas Matter policy on reserves We have a Fleserves Policy that has been agreed by the trustees. In short, it states that: We will hold reserves to protect itself against major risks identified in the Reserves Policy Ideas Matter will aim to accrue reserves of one-year operating expenditure Trustees will monitor progress in accruing reserves Page Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Income Analysis of income Unrestricted funds Restricted irhcome Total fund8 fund? Prior yoar Donations and legacies: Donations gifts 35,388 470 35,858 34,568 Gift Aid 6,986 6,986 6,358 Legaclos General grants providéd by governmènvother charitles 10,000 10,000 10,000 Other Total 52.374 470 52.844 50,926 ¢har6tsbl0 8etSvltl•8: Debating Matters The Academy Llvlng Freedom Oltter 25,575 25,575 17,472 25,388 25,388 24,252 7.963 10,000 17,963 29,107 Totsl 58.928 10.0 88,926 70,831 Othor. Other 2,152 2,152 113,452 2,152 447 Total 2152 447 Totsl Incom• 10,470 123,922 122,204 Page 19 Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Matter Expenditure & restricted funds Expertdlture This year UnTrstri¢tod Restricted Total funds income funds funds Last year Analysis Unrestrict- Restrictsd Total funds ed funds income fund¥ Expenditurè on raLSing fund¥: Ineurrad s8èking donatlons Incurred seeking legacies In¢urred seeking grants Advertising, marketing. dlrect mall and publicity Total expendlture on ra181ng fund8 Exp•ndlture on charltable actlvltles: Debating Matters The Academy Living Freedom Free Spegch Champlons/oth8r Total expenditure on charltabl• actlvltles e,000 6,000 2,087 2,087 5,000 5.000 9,000 9,000 1,732 1,732 19,63 19,63 12.732 12,732 13,050 13,050 22,962 1,OQJ 23,982 3,838 8,580 12,418 39,921 470 4,0391 40,391 40,391 8,637 25,172 33,809 1,103 2S,222 26,325 2,660 2,660 71,520 26.642 98,182 45.332 36,462 81.794 Other Support cost8 Other office costs 12,000 12,000 14,999 14,999 4,781 4,781 4.146 4,146 Total othèr expendltur• 16,781 16,781 19,145 19,145 TOTAL EXPENDITURE 101,oa3 28.842 127,675 77,527 113.989 Restricted funds Balance at 1 April Incoming 202a re￿ilr¢0$ Resources expended Balance at 31 March 2024 Donation8 to Living Freedom Oakdale Trust 18,172 10,000 26,172 750 750 Thoma8 Howell Trust 1,500 1,500 FSC Charitable Activitiès 8,580 8,580 Donations to The Academy 470 470 Totsl 27,002 10,470 10,830 The nature and the purpose of the restricted funds can be surnmari88d as follows.. During the course ol the year we weived fund- ing for Living Freedom Sumrner School and Th8 Acaderny. Page 20 Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Declaration The trustees declare that they have approved the trustees. report above. Signed on behalf of Ideas Matter trustees.. Full name: Id-l L IR b/ /luLLlr/V Signature: Position: Date: Page 21 Ideas Matter Company number 11213433 | Charity number 1178999 Ideas Ideas .. Matter Charity number 1178999 Company number 11213433 Charity N8mo Ideas Matter Charity No Coniklolliy No 1178999 1121343J eriod Annual accounts for the Period start dale 0110412023 To PeAod end d8t8 3110312024 Section A Statement of financial activities (including summary income and expenditure account) Re¥trictod Incom8 fund¥ Unrè¥trl¢tod funds Endowm•nt funds Recommend•d eatsgorlo• by actlvlty Prlor y•ar funds Total fund• In¢omo (Note 31 F01 F02 F03 F04 F05 Incom8 and on(Ixm•nts irom.. D¢)Wloro Iw140 S01 470 OthBr IradlryacVvI085 IN681mqrta S03 SvwomaterI￿ Itém allrKryn• 447 Total Exp•ndlturn (Notos ei Exp8Th￿￿r• on: R818lr¢Jfurth 113452 123922 S08 12,732 Sya*m*wlil oxpwoeit S10 Total S12 101033 727675 113989 Not Incomo118xpgndlturel b•fore tax lor the reportlng perlod 12,419 16,172 8,215 T8x payablé $14 Not Incomo118xpgndlturel after tax b•fore Invgstment galn$l(Ios8a81 815 S16 N81 pwn&lllb&bl&, that ￿. wh•n Lh￿re bAS beern gr¥nt ol probate, Ihq exerulots hBve 08i•blkned thai Ih•ra aro ¥ufldenl 155616 In Iho ¢Jl•le ond 4Thy condilbns •llathed io looacy 4r4 ellh•rwhhln lh£ QDnlrtlof tho or havé b6•n mel. L•ga¢h• Yas. No. Yg•' No. Nla. Th• BhÈ¢fty has r•c•fv6d g¢vemrMnl oY4nli h) th• rOpo￿n0 peloo Gllt Ald r8•0￿￿bIe ￿ hdudid In In¢￿￿ whèn Ih•rg v•lkfj d•oT•i•iion frorn th• donor. TAX riol•lm• offl don1￿#￿• Any Gsll Ald ArnDUllt tcÈovar6d on 8 donllllon IB r￿n5￿j*￿4 io b& p•rt of th41 gift ind li Ind glfA Iroltsd •? an Ufjdlllon lo IhB a•mB fund 48lh• InlUBI d¢n•lbi unl&s# tho dono¢orlh• 1•N￿8 ofihl app•41 spe¢ln•d olherwl¥e. Yes. Thh h cniy ITr¢￿10d hi the SOFA onc• ihg tha￿LY ha• Pro￿ded the r•Itt￿d qo¢41 or BeNlo•s oi m•t tho p•rfornpnc• wlJwd CDndllbni. ¢ofjtr4¢knol Inoom• *nd p•rftMmano• r•lawd grithts Yes. No. Nla. Oonllhd 9o•d Don¥i•d goodB rMa8ur•d li falrv•1ue Vhe 8myni lh• a•ul could b• •x¢honpedl unkn•$ Impmclk•l lo do 60. Th• of any •tod¢ of goodo donliad fold￿￿*￿Il￿n to b•néll¢kgrf19 ￿ dg•md 10 bts Ihe fairvalue of Iho$o pwts ai th• IIff￿ ol lh¢￿(0¢•1pt And they or• Mr￿gr•I10d ¢n ￿￿1p1. In the rnpDrfing P•riOO in th• 8iocks gie ￿lS1rfbU10d, Ih•y 4r• rocopnts•d •a •n 6xp•naè •1 Ihi ￿￿YIng •rnDuntol lh• aiock¥ 91 dlBlnbuikJn. No. Nl•' L*n8l•d 9ood8 forreial• m•i*urod at Islrvilue ¢n InlUDI reDOontt￿Tr. whkb ￿ th• eypecled p￿ce¢d5 Irom sa￿ tho expocteLI 4DSts of saio, Mcogni8ed In'ln¢om t￿M Olher ir•dlng aebvttb¥.￿1lh lh¢ cDwe8pondlng alock w¢ogfflls•d In the balanco sh•$l. On11$ Bale lh¥ v81ug ol slDck * ch•ryJ4d JgJknsl'lnco¢N Irom olherlr8dlng aclNilh¥ 4nd ihe pto£eeds fft)m sale èr• 11￿ recogniBed 09 trorn oiheriradkng aoiivitiQ5'. Good¥ donated tor Dn4olng u$E by tho ¢hBrfiy A¥• rocoqnknd 88 Iw¢d and kncluded in lh• 3oFAa¥ in￿rn￿g rO8¢w￿e￿ %¥hon Yes. No. Wa. Yes. GS115 ID k￿d for u8e Dy the Charity •rs Indud•4 in the 8oFA a¥ kncoTDe fromdonAiion$ when celv8bl$. Y8S' Nla. Oonatod s?N¢o8 ar¢d fAdlllh$ gre InGluded kn the SOFAwhtrn roeefved lll Ihe valug 0(th• glt to ihe ehorly pro¥￿ed the voluo of Ihe gWlr8n b• mp4survd Yellobly. Yes. Ntr. racllltles Donatsd geN]￿S ond tstiknlleE th•1 8(e COnsurn$d Inurediai8ty aTe re(v4nw¢ D5 inojff ¥y￿h Nn reWgrtts￿ •5 &n expenso undbrlhe appropdaie headTr)g in tho SOFA. Yes. Y95. Nls. supportG￿ts Trfr chartty has lficuffed expendllurè Dn ouppott o)515. Ye5. Vol￿￿*r help The value of voluntary h•lp wopNed & not ￿e￿d*d kn the a￿aunt5 Lg described Ihe tw¥tseg' annual rgport. No" rwa" Page8of18 In¢Dm? from In¢er•81 and dl¥ld•fvJ Th18 1$ Induded In IhB £￿aunts yJh•n recoipt ts probabla and the awni ¢8n be n*a8u￿d ￿l£bly. No. Incom¢ from rnèmbwrahlp MèmberÉhlp sub8CrtpUon$ rec4Wd In the natur• of 8 grft are rpcvgn18od In DDnaibn3 and subscrlpiioTr Leg£t*s. Ye5. No. Nla. Moffther&hlp sub5Crfpl￿nG whl¢h gfveq a m•k*érlh• ￿h1 ¢0 buy 8eNkw¥ orotherbènoflt8 ￿￿gnISed ￿ In¢om2 eBrned fnm the pro￿1$&>￿ ofgoods Serv￿￿9 •5 In￿rnA from Ye$. No. S•tti•ment ol lttsurartcb InsuMnC6 clah9 8r8 OTh￿ iticluded in tho SOFA when th8 o¢fJ6tal Inco￿ recoonrfbn ¢¢tsrfa aro m$i15.10 to 5.12 FRS102 SORPI and ara iiduded a¥ an li¢mof olhgr In￿m￿ in Ihg SOFA. Y¢8. Inv¢•￿1ntValM IoBs¢* Thb he￿J￿01 any rfra1188d orunm81bed 941n¥ or￿8$0S on th6 gale of Invostsr6r¢t8 and any 9oln or1088 ￿lUll￿7g fmm revaluing Invtr$irn&nls to tnalkel vjlue 81 tha end ol th8 yoar. Y88. 2.3 EXPENDITURE AND LIABILITIES Lkbllllles arg reco9ntsÈd stheto 11 Trkoty Ihan nDI that Ihor• tegal ¢rconsthJ¢lfv• ObltyAlknn Com￿dItInG lh6 tharily lo p•y out t8Bour¢e* ènd the amouni orihe ob1kJal￿n ¢hn bo measutvd Wlh rtsascnablo certDlThty. Qov•rn•n¢• and •upp•rt support ¢0818 havo b•en s￿£810d )et%yeen gov8mano6 cosls and Olh•rs￿pp0rt. 00￿MIn¢$ ¢0618 CO￿vrI￿￿ CL5514 Involving Publ￿ a(Uunl8b￿Ify of tho ch•rtly and It8 compllanc8 4%llh rogu￿r￿￿n and oood prac1￿￿. Support L¥)EIB hclude conlr•l funthlons And havo boon olk)cit•d lo 4¢lv*y cost citdyork•J on 4 bA¥ls lh£ of roiour¢*8, ¢0 i¥ocBllng PfOPQrty coils bylhor•r088. or pOr￿pIll, slllff coqig by tha I1￿j $penl ond olh•rctsats by Ih•Iru￿9 o. LlJblllty rtraoBnlUon Ye5. YB8' No. Nlo. Y85. Nla. wllh p•rforffl4no• oondlllons Wrnfjrg lh• thErity s￿•6 a omThl w*h cond*￿1￿￿ for pe￿nI belno • ipgGifi¢ kpvel ol seplo• orouipul to b4 pmvkléd. iuch yiinls sr• enly rocopnlood In the 8oFA on¢• Ih¢ recIp￿rnt of Ihv 9rdnl h•0 p￿V￿led thg 8pookfl*d •oThdc• oroulpui, Ihetg no uondiforis aiiiehlng to th6 oront ihoi enabl•¥ th• donDrch•rty lo r•4lL8lloalW4vold th• eommiimeni, • tsblNly l¢rih6 Ivllfundir¢ll obl*•lbn nyJ•i be rnr¥)qnls•d. Yes. Nl6' r•nt• poy4bl4 wllhout Yes. No. Nl8' R•dundin¢y ¢ost The th4rfty md• no rndun4anty Myrngnl• durfnp th• wportlng perbd. Yes. No. •ferr•d Incom• No rmierfal Nqm ol d•l•md Inoomè h45 è8on Included In IhÈ I￿¢￿TrI•. Y85. ¢rOdi￿rI The chidly ￿￿11•1• whloh Dr• m•*iurnd ai I•ll￿￿*￿t •nwun¢¥ leu ony Irdd8 Ygs. Provl*lonJ for 114blllll•a A l￿bIllY li rnea8urod on rocognhbn 81118 hl¥tod¢al v)Bl and Ihen •ubMquinlty rneat¥r•d Bl Ihp 0881081Nn81e of Iha Arnvnl roquiffjd lo ￿1*10 tho Oblluolbn ai the rgpr>rtiii dale The ch•rfly wccounl8 foi bailc In•n¢lèl Inslwrfftnls on nllk41 ro¢ognlllon a8 perpirnor•ph B•ilo ftnahulal InStr￿Intr 10.7 FRS102 SORP. Sub£oqu8nl riiEoaurgmonl & as porpornoMph¥ 11.17 ID 11.19, FRS102 SORP. No. Nl•' No. 2.4 ASSETS YAnOlblr• flx•d for ar• ¢•pftAUi•d 11 Ihay can b• usèd lormore than one y••r, •no t08t &¢ bast u** by ch4rfty They arn value¢ ai cts￿. Ye8. Nla. Tho dèprec4olEon fQl•8 and mAthods us4d dknc4osed In notè 14. Intsnglbl• flxod 4J?•(• Th• ¢*artly has Ini*n91b￿ flx•d fy￿15. Ihol &, non-rnnolary Ihol ¢0 noi ha phyB1¢81 substance bui aré hleniillable ènd ara ￿nity1￿d by Iho Charily th￿￿9￿ custody Of legal ryhls. Tho an￿rtIs&ll0Th rnte5 and t￿th0￿5 u$•d fJ15cIoBed 15, Yes. Yes" No. Nla. Th6 ¢hartty h4$ herftE94 0¥8018. that k4, nOn￿nDne14ry 8s8¢ts ￿th hl¥tort< Artlslk, Atsenuf leL*nologicEI. 9e¢physlcal oi onv1￿￿Me￿I8J Qua￿1￿5 that ¥r8 hopJ and mèinlahgd prin￿palYfOrthSlrt0nl￿U1lon lo kntsW￿dge and cuhuro. Tha d8proclHlkin ￿1&% and methods ￿$￿￿ os dixh)Wd h note 16. H•rlta90 a&sgts Nla. They 8r6 v81&6d etcosl. NIB. FwAd a9981 In ouoled $h¥re&, Ir4d¢¢ bonds and gthllal￿Vo8IrnBnl$ aro al Inlllalty al ¢081 and 91 fairyalue I￿•11 marf(trl value) ai Ihe year ènd. The Inv¢*knfjnts No" Nla" Page 7 tsf t8 sumB iTpaTnwni Is app￿0 w ￿￿15[eU Inves1men￿ UTr￿$￿ T31r vaiug ¢anThoi Do m¥5ureo bly In Case il B me85ured al (x76t ￿$¥ unpain￿￿t. Inw4knBnts hekl IDrre8a19 Dr Pen￿lA¢ th$IrsB￿ and cash and equNalent5 Y4hh malurfty dats gf ￿$5 Ihan 1 IreBled 88 wrrent &59È1 In￿st￿nts Yes. No. 8toBk$ and work In stock5 h9￿ foi 62￿ as part of cbon¢harflabltr trad¢ 4te rMasvr•d al Ihfj knwaror¢ost or Good6 or5eryire$ pray￿e￿ $¥ p8rt of a chariLab￿ asiNtty are m8a8ured al rnal￿b vatuè based on th* potential proirfded by items of stock. Y¢$. ND. la. Work ￿ p￿)gresSI5 w4￿J•d #l co¥t ￿86 any rom$¢04b￿ k)ssthat is io occuron the contsa¢l. Nla. D8l>kots (including IrJdO d•btopJ and bar$ rnGeri4bkl are ff*a8urgd on Inlb81 rècognition •1 gettknmtni amount aft8rany trad& digMunl¥otamunl advanced by iho ¢hadly. SubSe4uffnl￿, thèy 8ffj xl the ctssh orolhorcons￿¢M1￿jn $xpocled 10 bo Yecelv*l, The chfirbty ha6 IrsV6¥1m•ntA whlthll hohl¥ lor orpending theirsBig and cash an C45h equivolen19 wilh A fflalunly dai• ￿35 than one yoar. The&0 hthJde ¢oBh dep06 4nd cwsh equIv8￿￿1¥ Vdith a ThÈiu￿lY of ro$8 than one y¢$r held foF hvfralmerti pu￿010& Alb•rlh•n lo rnwfrl Jhort4•m ￿1h wm￿1&r￿nls o¥ due. Ye5. NO. D•btort Nl8' Currentats*•tlnv•&lThnl* Yes. No. W8. Th•y 4r0 vDlu*l 01 f•irvalu• gxupl %¥hor• Ihgy qU8knty oa bask fln8rnchl knslNrthntB. POLICIES ADovfED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVR Page 8 of 18 Se¢lion C Notes to the accounts Icontl Note 3 Incc#ne R•slrlci¢d IrKc4ne Analysls of incom• Uw••trict•d Erth*m•nt fund¥ Total Prlor y￿r Donations and 10gaclos- Donations and gffts GiftAid Le aclss General grants provided by governm8nVother charities Membership subscriptrons and 3ponsorships wh￿h ar8 in sub5tsnce doriations Donated oods, lacillties and servres Other 470 35,858 34 568 6,358 Total 52,374 470 Charltable act￿1160$.. Debating Matters The Acadgm Livin Fraedom Other Total 58.926 10,000 Oth•rtrgdlnp actlvltle•: Other Total Incom• from Inv••tm•nt•.' Intfrrèyl Incomè DiV￿end income Rental and leasln Olhgr income Total Sgparntl mat•rf41 Il•m of Incom• Total Oth•r. Converskin of 8ndowrnent funds into Incorne Gain on rllsposal of a t8ngibla Ilxed asset held for charity'8 own us6 Galn ori disposal of a programrne reP8led investment Royath5 frorn th6 èxpbitadoTr of inte1￿ctual property rKJhts Other 447 447 Total 2,152 TOTAL INCOME 123922 122204 Oth•r Infornia￿0￿'. Page g of 18 Where any endowmentfvnd 18 converted irto InGom¢ In the roportiny porlod, plea80 9ive the r•a$on for tho converslon. Where any endowmont fvnd Is converted Into Incorne In the prlor P8rlod, ploa80 glve the r£a80n for the conver$ion. thln the Inoome it¢m8 above th8 followlng itsms are materlal: Ipl•a80 dlsclos¢ tho nolLbro. arnoynt and any prlor yéar amounts) Th1¥ year: Ylh6r8 Sums oylglrtally dènomlnated In forolgn Ufrtncy havo b••n Irhtsluded in Inoorng, axplaln the ba51s on whieh those $um5 hovè boen ¢ron81ated Irrto 8t*ilirtg lor thw ourr8ncy In whlch th? ¥eoaunts *r8 drawn upl. L4St y8ar.. 11¥Thgra 8ums orlgln4lly denomlnatod In loralgn ¢urroncy havè boon inrluded In ineome, gxplaln thè basls on whlGh those 8ums have b9eTh tran81atod Into sterllng IOT th¢ urroncy In whl¢h th• a¢eounis drawn upl. Pa9e Ioof 18 Section C Notes to the accounts l¢ontl Note4 Anatysis of reoèipls of govornment grants This year De8¢rl tion Gov¢mm8nt grant 1 Government 9rant 2 Govommont grant 3 Oth•r Total Last year Dos¢tl tlon Gov¢rnm•nt grant 1 Govornment gran¢ 2 Govomm•nt grant 3 Othor Totsl Th18 L••t Pleaso prnvldo d•t•i12F ol•ny unfulflllod condltlons and oth•rcontlng•n¢les *rtichlng to grnnts Ihat hove begn r•¢opnl$8d In In¢om Th18 o•r L4•t $• glv6 d•l•ll$ ol oth•rftsmis of govgmmgnt a$¥lsl•nce frnm whlch th• ¢h4rlty h•s dlT8Ctly bon•flt8d. Page 11 of 18 Section C Notes to the accounts Icontl Note 5 Donatsd gotyJ$, facllltles and sorvlces Thls year Last year Seconded staff Use of property Offlce costs 60.250 2,193 Thlg oar Last ••r Pleas• provld• d•tall8 of th¢ ac¢ounllng pollcy for the recognitlon and valuatlon of donat•d goods. facllltig• and •¢rvlc8J. Donatbn of 3¢conded staff by Acadomy of Ideas to Idea5 Matter charity a3 agreed in Manag8rnent Agrgement Donation of secondad staff by Academy ol Ideas as 8gre8d in Managem8nt A9r88rnenl Plea8• provld• detall8 of any unfultlll•d ondltlons othgr contlngenel•$ at¢achlng to r080uKe8 from donatod good• and servi¢•s not ￿¢09￿11¢￿ In Income. Pl•as¢ glv• dotall$ of olh•rfomi• of othor donatod goods and $grvl¢•* not roeoonl¥•d In th• accounts, e9 eontrlbutlon of unpald volunteor•. Page 12 trf18 beciion C Notes lo the 3c¢ounls N(ts6 EX￿ndIture Thlj yoar Lost yoor Anal￿18 ondhure on r•l8ln funtts.. InBurred 58&king donat￿￿5 Ineufred 5eekin9 ￿gac￿S locurred seeking granL9 Qper£tkng rnemborshl) $rhem28 and ¥ocl ttor siagiry fundra￿￿g evenl8 Fundra￿*79 8ggnls Operati￿q charlty shop Operawng a Iradiig company una@rtakkng no IA¥*thtstod F*•trlthd Erth•Tht Inoom fun Erknnfjm Tot•1 lur T(l•l Advwl&ing, rnarketho, drqcl mo118nd publknty Start vp coats Incurred In gthier8llw nBwJouf¢8 of lulure Incomé D8Lgbb5e dev*10F￿£fil coJt8 Irbvealrnani m¥Mg8mgnl coats.. PorM* mHna9étr￿i cojl Cost of obL91nkng Inve81￿ThI 4dvkne Invosimenl admi1￿traI￿n co$ Inte1￿cluel properly Itencng eDB18 Roni coThBckn, property r8polr8 and malnien&ncb ehofpB Tot•1 •xp•ndllUf• on rnlslno Ivnd Exp•ndttuv• on ¢harlt•bl• •ctfvttl•*'. DebAtino Marters The A¢edemy Lwing Freedom Free Spoe¢h Charnpknngloihor Toi•l qxpendllyr• on chorfi•bl• i¢tl¥lll•4 470 atg mat•rlil It•m •1 •x •ni• T•t•l Oth•r Su ort cos1¥ oirEr offk& Costs Total oth•r•¥pendltur• TOTAL EXPENDITURE 101 033 127675 Page 13tsf18 OtherinfomiotloD'. Anaty81$ of expwtLdltuTe ort ¢harftabl•actl¥ltles Thls Grnnt Lost Grant lundlng 4f A¢*V1￿1$ Suprxlrt Costs Total Ihl• ndortak¢n dIr•¢￿Y A¢U¥lty or pyowamrne Support Costs year d5r•GUy ortco$Lq olher4ffi￿ cNI¥ Olhot Tothi Th1• y•Jt.' OTlgSn¥lly donornlTriioilln ￿1￿￿1￿ ¢￿vr•#$Y h•v• bv¢n In •xpgndltur•, 4xF141n thq bA•l• onwhl¢hthoi* hav b••n tr4nslat•d Intr• •tarllng Ivr th¢ cuff•ll¢y Inwhl¢h th• •¢eaunt4 •r• dr4wn ¥pl. L•*ty•nr.- •urni orlyln•lly d•noMln•i•d In to￿1￿￿ ¢utron¢y h&vB bo•n Included In4x￿ndItV￿, •xpl•ln Ihe ba&18 •n Ylhl¢b thas• dumo h•V• be•Th w•ral4i•d Into •t•rllni lorlh• In ¥¢couTrts •r• Own upl. Page fj4 18 Section C Notes to the accounts Icontl Note 7 Extraordinary items Ploa¥e explaln th• naturn of e•ch extraordln*ry item occurrlnq in tho p8ri0d. ThFs ￿ar Last year D8scrl tlon Extraordlnary item 1 Extraordlnary Item 2 Exlraordlnary Itom 3 Extraordlnary Itam 4 Total •xtrnordlnary Itoms Page 15of18 Section C Notes to the accounts Note10 Details of certaln types of expenditure Note 10.1 Fee$ for 8xamlnation of the accounts Please provide details of the amount paid for any statutory external scrutiny of •ccounts and otherseNices pmvided byyour Independent axaminer. ff nothing was pald please •nt0r'O' In the approprlate box(es). Thls year Last year Indepgndent examlnfjrfs fe08 A$surane6 ser41￿$ oth•r than independent oxaminatlon Tax advisory fees othèr fees (for examplé: financlal advi¢•, consultancyi accountancy geNl¢•sl pald to the Indepond8nt oxamlnor Page 16of 18 Section C Notes to the accounts (contl Note 19 Debtors and prepayments Please complote this note if the charity has any debtors orprepaymants. 19.1 Analysis of debtors This year Last year Trade dobtors Prepayment$ and accrued Income Other debtors - vat refund 3.071 2,554 Total 3,071 2,554 Complete 19.2 whera a matorlal debtor Is rncoverable more than a yèarafter the reportlng date. 19.2 Disclosure of debtors rocovorablo In more than 1 year (Ineludgd In debtors above) Thls year Last year Trade debtors Prepayments and accrued Income Other debtors Total Page 17of 18 Section C Notes to the accounts (cont) Nole 24 Cash at bank and in hand This year Last year Short temi cash investments (less than 3 months maturity date) Short tomi deposits Cash at bank and on hand Other Total 179 158 183451 179,158 183,451 Page18of18 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independont Examiner's Report Report to the trustees DE PYS WIflTTQ On accounts for the year ended Charity no lif anyl >l4- Set out on pages I report to the trustees on my examination of the accounts of the above charity I'the Trust"} for the year ended Responslbilitl88 and basis of report As the charity's Irustees, you are responsible for the preparalion of the accounts in a¢cordance wilh the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under Sèction 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5)Ibl of the Act. Independent IThe charity's gross income exceeded £250,000 and l am qualified to examinerfs Statsment undertake the examination by being a qualified member of linsert name of applicable lisled bodyll. Delete I l if not appliGable. I havè completed my examination. I confirm that no material matters have come to my attention in connection wilh the examination {olher than that disclos8d below ') which give$ me cause to beliève thal in, any material respect.. the accounting r8cords were not kept in accordance with section 130 of Ihe Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the fomi and content of accounts 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 underslanding of the accounts to be reached. Please delete tha words in the brackets if they do not apply. 2a I ILItOLL4 Signed: Date: Name: J /W Relevant professional qualification{sl or body IER Oct 2018 (if any): Address: 98 &trGo-f Lo)Pr L-(JnJL) Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Givo here brlef details of any Items that the examiner wlshes to disclose. IER Oct 2018