## Trustees’ Annual Report 2025
Trustees’ Annual Report for the period from 1 July 2024 to 30 June 2025
Zero Ideas, a Charitable Incorporated Organisation in England & Wales. Registered Charity Number 1199593.
## Objectives and activities
The objects of Zero Ideas, as set out in our governing document, are:
_To promote sustainable development for the benefit of the public by the promotion of sustainable means of achieving economic growth and regeneration._
_To advance the education of the public in subjects relating to sustainable development and the protection, enhancement and rehabilitation of the environment and to promote study and research in such subjects provided that the useful results of such study are disseminated to the public at large._
_Sustainable development means “development which meets the needs of the present without compromising the ability of future generations to meet their own needs”._
In pursuit of these objects, Zero Ideas conducts primary and secondary research, and develops and disseminates materials, to challenge business and government thinking on climate change and climate action. We seek to introduce business and government leaders to research and ideas that will drive new mindsets and approaches, advancing the world’s climate action for the public benefit everywhere.
Our principal activities to this end are:
- Research, writing and publishing papers to constructively criticise prevailing approaches to climate action where these may be ineffective or not as effective as could be, and propose alternative approaches;
- Disseminating the insights from this research through direct engagement with business and government leaders and their influencers;
- Designing, conducting and analysing primary research into public and other audience perceptions and acceptance of different climate solutions, to inform the research above.
Our research is made available to the public on our own website at zeroideas.org, posted on LinkedIn (linkedin.com/company/zeroideas) and published through third parties where feasible.
Our trustees’ focus on both the research and dissemination of insights and ideas to advance climate action reflects the guidance issued by the Charity Commission on public benefit.
## Achievements and performance
In this accounting period we have researched and published the following papers (all available at https://zeroideas.org and/or where indicated):
_Climate Tech Forward: Popular support for the science and technologies that can help stop climate change_ (a research report based on primary research led by Zero Ideas, in collaboration with Potential Energy Coalition and WePlanet)
_When we reset, let’s separate climate action from social justice_ (published in _Responsible Investor_ )
_Climate worry is moving right_
_Survey: Do more Conservatives fear climate change than Liberals_ (a Forbes online article based on our research paper _Climate worry is moving right_ )
_The myth of ‘mobilising capital’_ (published in _Responsible Investor_ )
_A transition plan needs a transition mindset_ (published in _Responsible Investor_ )
_Responsible Investor chose the right name_ (published in _Responsible Investor_ )
_The silent majority on climate change: The left can’t save the planet on its own. Luckily, it doesn’t need to._ (published in _Persuasion_ )
_Unleashing multi-partisan support for climate action_
_Seeking Impact: Using theories of change to assess and guide corporate climate action_ (published by Chapter Zero)
We have participated in conferences to share and discuss this research in London, Geneva, and Italy.
## Financial review
We opened this financial period with a cash balance of £81,256. In this financial period, we received grants for research projects totalling £31,753, and other income of £192, for a total inflow of £31,945. We spent £77,169 on charitable activities, leaving reserves of £36,032 carried forward into 2024-2025. The bulk of our spend (£67,095) was on professional services fees for the primary research behind our reports _Climate Tech Forward_ and _Climate worry is moving right_ .
## Structure, governance and management
Zero Ideas is a Charitable Incorporated Organisation whose only voting members are its charity trustees. It is governed by a constitution that follows the Charity Commission model for such organisation.
There is no maximum number of trustees. New trustees must be appointed by a resolution passed at a properly convened meeting of the charity trustees. There are no term limits for our trustees.
## Reference and administrative details
Charity name: Zero Ideas
Registered charity number: 1199593
Charity’s principal address: Ridge Point, St Mary’s Hill, Ascot SL5 9AP, United Kingdom
2
Trustees (all in office for the whole reporting year):
Simon Glynn Shabana Glynn Antoinette Valsamakis
## Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Simon Glynn Chair
Date: 19 November 2025
3
## Annual Accounts 2025
Annual Accounts for the period from 1 July 2024 to 30 June 2025
Zero Ideas, a Charitable Incorporated Organisation in England & Wales. Registered Charity Number 1199593.
## Section A: Statement of financial activities
Section B: Balance sheet
Section C: Notes to the accounts
Note 1. Basis of preparation
Note 28. Transactions with trustees and related parties
|**ZERO IDEAS**|**ZERO IDEAS**|**ZERO IDEAS**|Charity No (if
any)|
1199593||
|---|---|---|---|---|---|
|Annual accounts for the period||||||
|Period start date|01-Jul-24|**To**|Period end date|30-Jun-25||
## **Section A Statement of financial activities**
|**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
|---|---|---|---|---|---|
||-|-|-|-|81,256|
||31,753|-|-|31,753|-|
||-|-|-|-|-|
||-|-||-|-|
||-|-|-|-|-|
||192|-|-|192|-|
||31,945|-|-|31,945|81,256|
|||||||
||-|-|-|-|-|
||77,169|-|-|77,169|-|
||-|-|-|-|-|
||-|-|-|-|-|
||77,169|-|-|77,169|-|
|||||||
||45,224
-|-|-|45,224
-|81,256|
||-|-|-|-|-|
||45,224
-|-|-|45,224
-|81,256|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||45,224
-|-|-|45,224
-|81,256|
|||||||
||81,256|-|-|81,256|-|
||36,032|-|-|36,032|81,256|
|||||||
## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after one**
**year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||36,032|-|-|36,032|-|
|||36,032|-|-|36,032|-|
||||||||
|||-|-|-|-|-|
||||||||
|||36,032|-|-|36,032|-|
||||||||
|||36,032|-|**-**|36,032|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||36,032|-|-|36,032|-|
||||||||
|||-|||-|-|
||||-|-|-|-|
|||36,032|||36,032|-|
||||||-||
|||36,032|-|-|36,032|-|
||||||||
|||Signature||Print Name||Date of
approval
dd/mm/yyyy|
|||||SimonGlynn|||
||||||||
CC17a (Excel)
11/11/2025
1
## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing • and with* ü their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.* ü
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
|Yes*
No*|ü|* -Tick as appropriate|
|---|---|---|
||||
## _**Please disclose:**_
_**(i) the nature of the change in accounting policy;**_
_**(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_
_**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_
## **1.4 Changes to accounting estimates**
|No changes to ac|countinges|timates have occurred in the reporting period (3.46 FRS 102 SORP).|
|---|---|---|
|Yes*
No*|ü|* -Tick as appropriate|
||||
## _**Please disclose:**_
_**(i) the nature of any changes;**_
_**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.**_
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
|Yes*
No*|ü|* -Tick as appropriate|
|---|---|---|
||||
## _**Please disclose:**_
_**(i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_
_**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
CC17a (Excel)
11/11/2025
1
## **Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE TRUE**
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**No trustee expenses have been incurred (True or False)**||**_TRUE_**|
|---|---|---|
||||
|**Type of expenses reimbursed**|**This year**|**Last year**|
||**£**|**£**|
|**Travel**|-|-|
|**Subsistence**|-|-|
|**Accommodation**|-|-|
|**Other (please specify):**|-|-|
||-|-|
|**TOTAL**|-|-
|
|**Please provide the number of trustees reimbursed for expenses or who had**
**expenses paid by the charity**|||
||**0**|**0**|
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
|**This year**||
|---|---|
|**There have been no related party transactions in the reporting period (True or False)**|**_TRUE_**|
|||
|**Last year**
**There have been no related party transactions in the reporting period (True or False)**||
||**_TRUE_**|
CC17a (Excel)
11/11/2025
1
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report:'I:,
Report to the trustees
'narity Name
Zero Ideas
On accounts for the year
ended
30 June 2025
Charity no
(if any)
1199593
Set out on pages
Pages 1-2
(reTr•nghpr ir%rli Ihts p:1 Inihpr? rtf af!r4rtipnal qhpafre
I report to the trustees on my examination of the accounts of the above
charity ("the Trust") for the year ended 30106125.
Responsibilities and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
("the Act").
I report in respect of my examination of the Trust's accounts carried out
under section 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)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have
examiner's statement come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130
of the Charities Act; or
the accounts did not accord with the accounting records. or
the accounts did not comply with the applicable requirements
concerning the form 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 understanding of the accounts to be reached.
Signed:
Date:
20102126
Name:
Nicola Brewster
Relevant professional
qualification(s) or body
(if any):
n/a
Address:
162b Chobham Road
Ascot, Berks
IER
Oct 2018
SL5 OHU
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).
Give here brief details of
any items that the
examiner wishes to
disclose.
n/a
IER
Oct 2018