THE INDEPENDENT PRESS REGULATION TRUST
The Charity promotes for the benefit of the public, high standards of ethical conduct and best practice in journalism.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £93,018.66, an increase from the previous year's £58,755.29. The charity relies solely on donations for funding and has no staff or fundraising activities. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Alexander Mosley Charitable Trust 1,135,000.00” — page 17
“It is the policy of the Charity trustees to have a reserve of funds to meet expected future expenditure. The Trustees currently hold a net reserve of £93,018.66 (£58,755.29 in 2024) .” — page 7
“Wilfrid Vernor-Miles is a Trustee of the Trust and also a Partner of Hunters Solicitors. Provision is included in the accounts for Hunters to receive fees of £52,847 plus VAT (2024 - £68,577 plus VAT) for legal, secretarial and administration services although Wilfrid Vernor-Miles does not charge for any of his time spent in connection with the administration of Trust.” — page 17
“Wilfrid Vernor-Miles is a Trustee of the Trust and also a Partner of Hunters Solicitors. Provision is included in the accounts for Hunters to receive fees of £52,847 plus VAT (2024 - £68,577 plus VAT) for legal, secretarial and administration services although Wilfrid Vernor-Miles does not charge for any of his time spent in connection with the administration of Trust.” — page 17
Regulator actions
decision: Decision of the Charity Commission on the Independent Press Regulation Trust (IPRT)
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Wilfrid Edward Vernor-Mileschair
- Dr Alan Hirst
- Vojislav Mihailovic
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.2m | £1.1m |
| 05/04/2024 | £1.2m | £1.2m |
| 05/04/2023 | £1.3m | £1.3m |
| 05/04/2022 | £1.0m | £1.0m |
| 05/04/2021 | £1.0m | £997k |
Common questions
Is THE INDEPENDENT PRESS REGULATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £93,018.66, an increase from the previous year's £58,755.29. The charity relies solely on donations for funding and has no staff or fundraising activities. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Burgess Hodgson Audit Limited.
Who funds THE INDEPENDENT PRESS REGULATION TRUST?
Funders whose own accounts filings name THE INDEPENDENT PRESS REGULATION TRUST as a grant recipient include THE ALEXANDER MOSLEY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ALEXANDER MOSLEY CHARITABLE TRUST | FY2023 | £6.9m | Funding commitment (discounted present value) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| QUADRATURE CLIMATE FOUNDATION | 1 | £1.3m |
| DAVID AND ELAINE POTTER FOUNDATION | 1 | £660k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £264k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £197k |
| THE PRINTING CHARITY | 1 | £120k |
| THE CHARTERED INSTITUTE OF MARKETING CHARITABLE TRUST | 1 | £112k |
| JOHN ELLERMAN FOUNDATION | 1 | £105k |
| SCREENSKILLS LIMITED | 1 | £103k |
Charities like this
- THE TRUST FOR THE BUREAU OF INVESTIGATIVE JOURNALISM
- THE INSTITUTE FOR WAR AND PEACE REPORTING (IWPR)
- INDEPENDENT PUBLISHERS GUILD
- NATIONAL COUNCIL FOR THE TRAINING OF JOURNALISTS
- THE MEDIA TRUST
- IPROVISION THE CHARTERED INSTITUTE OF PUBLIC RELATIONS (CIPR) BENEVOLENT FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INDEPENDENT PRESS REGULATION TRUST | £1.2m | — | 0 | unclear | — | no doubt |
| THE TRUST FOR THE BUREAU OF INVESTIGATIVE JOURNALISM | £347k | — | 0 | above | — | no doubt |
| THE INSTITUTE FOR WAR AND PEACE REPORTING (IWPR) | £6.8m | — | — | unclear | — | no doubt |
| INDEPENDENT PUBLISHERS GUILD | £1.0m | — | — | unclear | — | no doubt |
| NATIONAL COUNCIL FOR THE TRAINING OF JOURNALISTS | £2.0m | — | — | unclear | — | no doubt |
| THE MEDIA TRUST | £1.9m | — | — | above | — | no doubt |