IKDI
IKDI manages a network of charities in several countries, each of which co-ordinates the redistribution of surplus new goods to other not for profit organisations and their beneficiaries. Charities are able to save money as a result of receiving donated goods distributed by each network member. With these savings, charities are able to improve and extend their services.
Financial health, per its FY2024 accounts
The accounts state that IKDI held unrestricted reserves of £92,587 against a policy target of three months' operational cash flow, with total reserves at £108,920. The trustees confirmed the charity has sufficient reserves to operate into 2026 and expressed no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The board of IKDI has agreed that IKDI should aim to achieve reserves equivalent to three months’ operational cash flow.” — page 6
“£11,250 from In Kind Direct. This fee represents 60% of the annual membership and licence fee paid by other network members”
“Three of the trustees of IKDI, Teresa Tideman, Ajay Kavan and Richard Wolff, are also trustees of In Kind Direct.” — page 6
“£11,250 from In Kind Direct. This fee represents 60% of the annual membership and licence fee paid by other network members”
“Three of the trustees of IKDI, Teresa Tideman, Ajay Kavan and Richard Wolff, are also trustees of In Kind Direct.” — page 6
Trustees
- Tim Hintonchair
- AJAY KAVAN
- Bastien Charpentier
- Dr Juliane Kronen
- Michael Gidney
- Richard Jonathan Wolff
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £76k | £58k |
| 31/12/2023 | £47k | £48k |
| 31/12/2022 | £94k | £89k |
| 31/12/2021 | £74k | £68k |
| 31/12/2020 | £39k | £65k |
Common questions
Is IKDI financially healthy?
Per its FY2024 accounts: The accounts state that IKDI held unrestricted reserves of £92,587 against a policy target of three months' operational cash flow, with total reserves at £108,920. The trustees confirmed the charity has sufficient reserves to operate into 2026 and expressed no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.