PRODUCERS DIRECT
Financial health, per its FY2024 accounts
The accounts state that Producers Direct ended the year with a deficit, resulting in a total fund balance of £133,489, with unrestricted reserves falling to £66,065. This level of free reserves is explicitly noted as being almost £40,000 below the charity's own policy target of six months of essential operational costs. Per the trustees' report, a restructuring programme was implemented in March 2025 to reduce costs and restore reserves to the policy target level by the end of 2026.
What the accounts disclose
“The level of free reserves (unrestricted funds, excluding fixed assets) was £50,185, which is almost £40,000 below the reserves policy target level.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Anthony Wainaina
- Gregory Mugabe
- Jamie Barbara Anderson Hodge
- Michael Anthony Montalvan Tineo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.4m |
| 31/12/2023 | £1.1m | £1.6m |
| 31/12/2022 | £1.6m | £1.7m |
| 31/12/2021 | £988k | £1.1m |
| 31/12/2020 | £315k | £578k |
Common questions
Is PRODUCERS DIRECT financially healthy?
The accounts state that Producers Direct ended the year with a deficit, resulting in a total fund balance of £133,489, with unrestricted reserves falling to £66,065. This level of free reserves is explicitly noted as being almost £40,000 below the charity's own policy target of six months of essential operational costs. Per the trustees' report, a restructuring programme was implemented in March 2025 to reduce costs and restore reserves to the policy target level by the end of 2026. Its FY2024 accounts were audited by Sayer Vincent LLP.