REDTHREAD YOUTH LIMITED
Youth Work - to provide, and support, youthwork which focuses on the holistic wellbeing of young people: body, mind and soul.To walk alongside the young people we engage with, as they journey into adulthood.
Financial health, per its FY2025 accounts
The accounts state that the charity ceased operations and transferred all activities, assets, and liabilities to its parent charity, Catch22, on 1 April 2025. Consequently, the financial statements were prepared on a basis other than going concern, and the legal entity no longer carries out any activities. The charity reported a surplus for the period but had unrestricted reserves of £839,477 prior to the transfer.
What the accounts disclose
“Between £90,001 and £100,000” — page 28
“restricted income from charitable activities came to £1,079,279 (77.4% of total income).”
“As the charity ceased operations, the trustees do not consider it to be appropriate to adopt the going concern basis of accounting in preparing of the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in note 1.3.” — page 12
“During the year, Redthread provided services to Catch22 totalling £138,419 on the Social Switch programme.” — page 28
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → not a going concern (FY2025).
Corporate structure
- Registered company of the charity Companies House 03131121
Funders the charity credits
- Assura Community Fund
- Barrow Cadbury Trust
- Charles Hayward Foundation
- City Bridge Foundation
- EBM Charitable Trust
- Hiscox Foundation UK
- Islamic Relief UK
- John Armitage Charitable Trust
- John Ellerman Foundation
- John Lyon’s Charity
- King’s College Hospital Charity
- London Borough of Camden
- London Violence Reduction Unit
- Mayor’s Office for Policing and Crime
- NHS Birmingham and Solihull Integrated Care Board
Company officers (Companies House)
- RICHARDS, Nigel Paul on trustee list
- CANNIFORD, Andrew on trustee list
- SUTHERLAND, Emer Caitriona Eileen, Dr on trustee list
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| Mayor's Office for Policing and Crime | Hospital Based Youth Work Programme | — | — |
| Mayor's Office for Policing and Crime | Hospital Based Youth Work Programme | — | — |
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Andrew Canniford
- Dr Emer Caitriona Eileen Sutherland
- Nigel Richards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.4m | £2.3m |
| 31/08/2024 | £4.5m | £5.3m |
| 31/03/2023 | £3.7m | £3.9m |
| 31/03/2022 | £4.1m | £3.8m |
| 31/03/2021 | £4.0m | £3.4m |
Common questions
Is REDTHREAD YOUTH LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity ceased operations and transferred all activities, assets, and liabilities to its parent charity, Catch22, on 1 April 2025. Consequently, the financial statements were prepared on a basis other than going concern, and the legal entity no longer carries out any activities. The charity reported a surplus for the period but had unrestricted reserves of £839,477 prior to the transfer. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
What does the highest-paid employee of REDTHREAD YOUTH LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.
Who funds REDTHREAD YOUTH LIMITED?
Funders whose own accounts filings name REDTHREAD YOUTH LIMITED as a grant recipient include THE YOUTH ENDOWMENT FUND CHARITABLE TRUST, THE STONE FAMILY FOUNDATION, GARFIELD WESTON FOUNDATION, THE FIDELITY UK FOUNDATION, IMPETUS - THE PRIVATE EQUITY FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Barrow Cadbury Trust | 27/03/2024 | £30k | Transitioning Redthread to Stability and Greater Impact |
| City Bridge Foundation | 29/02/2024 | £250k | Grant to Redthread |
| Greater London Authority (GLA) | 17/10/2022 | £645k | Grant to Redthread Youth Limited |
| UK government | 01/04/2019 | £417k | Redthread Youth Violence Intervention Programme Expansion 2019-20 |
| Greater London Authority | 01/01/2019 | £150k | Young Londoners Fund |
| Barrow Cadbury Trust | 08/07/2017 | £90k | Youth Violence Intervention Programme in Birmingham |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | — |
| THE ELIZABETH AND PRINCE ZAIGER TRUST | 1 | £666k |
| STEPHEN TAYLOR FOUNDATION | 1 | £245k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £145k |
| THE STEVE MORGAN FOUNDATION | 1 | £120k |
| DEPTFORD CHALLENGE TRUST LIMITED | 1 | £55k |
| Prosper Wakefield District Ltd | 1 | £33k |
| THE BARTLETT FOUNDATION | 1 | £30k |
Charities like this
- THE YOUTH ASSOCIATION
- YOUTH CONNECT SOUTH WEST
- YOUNG SOMERSET
- YOUTH WORKS NORTHAMPTONSHIRE
- YOUTH FIRST CHARITABLE INCORPORATED ORGANISATION
- YOUTH FOCUS NORTH WEST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REDTHREAD YOUTH LIMITED | £1.4m | £90,001 - £100,000 | — | unclear | — | not going concern |
| THE YOUTH ASSOCIATION | £805k | more than £60,000 | 1 | above | — | no doubt |
| YOUTH CONNECT SOUTH WEST | £3.1m | — | — | unclear | — | no doubt |
| YOUNG SOMERSET | £4.3m | — | — | unclear | — | no doubt |
| YOUTH WORKS NORTHAMPTONSHIRE | £1.6m | — | 0 | above | — | no doubt |
| YOUTH FIRST CHARITABLE INCORPORATED ORGANISATION | £1.7m | — | 0 | unclear | — | noted |