INDEPENDENT PUBLISHERS GUILD
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £66,226 for the year ended 31 December 2024, with total income of £1,032,513 against total expenditure of £966,287. Per the trustees' report, unrestricted reserves stood at £303,278, which represents four months of operating costs, falling short of the stated policy target of six months. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“Trustees have therefore agreed a reserves strategy which aims to set our undesignated reserves level to six months’ operating costs including salaries with a stated aim of achieving long-term financial security.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Amy Katherine Verso
- Catherine Anne Wilson
- Eela Devani
- Helen Kogan
- James Hodder-Williams
- John Joseph Murphy
- NICOLA JANE RAMSEY
- Oliver Gadsby
- Rachel Mary Williams
- Shannon Cullen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.0m | £966k |
| 31/12/2023 | £868k | £838k |
Common questions
Is INDEPENDENT PUBLISHERS GUILD financially healthy?
The accounts state that the charity generated a surplus of £66,226 for the year ended 31 December 2024, with total income of £1,032,513 against total expenditure of £966,287. Per the trustees' report, unrestricted reserves stood at £303,278, which represents four months of operating costs, falling short of the stated policy target of six months. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Crane & Partners.