THRESHOLD HOUSING LINK
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £110,340 for the year ended 31 March 2023, with total funds increasing to £1,308,654. However, the charity reports free unrestricted reserves of £nil, which is below its stated policy target of three months' running costs. The organization relies heavily on local authority funding and grants, with significant fixed assets secured by loans.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Lindsey Cattelainchair
- Alan Winfield
- Jennifer Hall
- Lorraine Connick
- Penny Davies
- Simon Godfrey
- Tara Cozens
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.2m |
| 31/03/2024 | £1.4m | £1.3m |
| 31/03/2023 | £728k | £618k |
| 31/03/2022 | £384k | £376k |
| 31/03/2021 | £357k | £312k |
Common questions
Is THRESHOLD HOUSING LINK financially healthy?
The accounts state that the charity generated a surplus of £110,340 for the year ended 31 March 2023, with total funds increasing to £1,308,654. However, the charity reports free unrestricted reserves of £nil, which is below its stated policy target of three months' running costs. The organization relies heavily on local authority funding and grants, with significant fixed assets secured by loans. Its FY2023 accounts were independently examined.