Charity Accounts Intelreading the accounts so you don’t have to

THE INSTITUTE OF GROCERY DISTRIBUTION

Registered charity 309939 · accounts filings on the Charity Commission register · also known as I G D

Get email alerts for this charity

Latest income
£19.3m
Latest spending
£19.2m
Registered
1971
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity maintains a strong financial position with free reserves of £9.1m, which equates to 5.4 months of planned expenditure and sits within the trustees' approved policy range of 3 to 6 months. The group reported a net surplus of £868,175 for the year, supported by a gain on investment assets, while trading revenue grew by 2% to £18.8m despite commercial challenges.

What the accounts disclose

Reserves policy: 3 to 6 months of planned expenditure (held: £9.1m)
“As a guide the level of free reserves should be within the range of 3 to 6 months of planned expenditure.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£19.3m
Total spending
£19.2m
Cost of raising funds
£13.3m
Reserves (reported)
£9.1m
Employees
175

Reported reserves equal ~5.7 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£19.3m£19.2m
31/12/2023£18.6m£19.2m
31/12/2022£16.5m£16.7m
31/12/2021£15.6m£14.7m
31/12/2020£13.3m£13.5m

Common questions

Is THE INSTITUTE OF GROCERY DISTRIBUTION financially healthy?

The accounts state that the charity maintains a strong financial position with free reserves of £9.1m, which equates to 5.4 months of planned expenditure and sits within the trustees' approved policy range of 3 to 6 months. The group reported a net surplus of £868,175 for the year, supported by a gain on investment assets, while trading revenue grew by 2% to £18.8m despite commercial challenges. Its FY2024 accounts were audited by BDO LLP.