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THERA TRUST

Registered charity 1090163 · accounts filings on the Charity Commission register · also known as THERA TRUST LIMITED

The Thera Group of companies supports people with a learning disability. It employs staff who support people in their own home, in their local community and for short breaks. Thera also provides financial advocacy and quality assurance services; as well as developing and running social enterprises.

Causes: Disability · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£101.3m
Latest spending
£101.6m
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Group made a net loss of £0.3m for the year, following exceptional costs of £1.1m, though operational performance improved with a surplus on charitable activities of £0.8m. The trustees report that group free reserves of £0.4m are insufficient to secure long-term resilience, and the Group remains dependent on a transformation plan and bondholder agreements to maintain liquidity and meet obligations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £10.1m; policy: unclear)
“The trustees recognise that group free reserves of £0.4m. are insufficient to secure the long-term resilience of the Group.” — page 58
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

Corporate structure

THE CAMDEN SOCIETY (LONDON) — per its own Companies House accounts
  • Profit before tax: £-9k
  • Donated/gift-aided to the charity: £79k
“Gift aid distribution to parent charity (78,769) -”
ANSAR PROJECTS TRADING LIMITED — per its own Companies House accounts
  • The company is a subsidiary of Thera Trust, which prepares consolidated financial statements including this company. The board comprises executive directors from Thera Trust.
ASPIRE LIVING TRADING LIMITED — per its own Companies House accounts
  • Ultimate parent is Thera Trust, which prepares consolidated financial statements including this subsidiary.
THERA (SCOTLAND) TRADING LIMITED — per its own Companies House accounts
  • Ultimate parent is Thera Trust, which prepares consolidated financial statements including this company.
THE CAMDEN SOCIETY TRADING LIMITED — per its own Companies House accounts
  • Turnover: £150k
  • Auditor's remuneration for the group is disclosed in full in the parent charitable company and is recharged to the subsidiary as part of the overall recharge of the group's management and administration costs.

Public fundraising profile: JustGiving — Thera Trust (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

BuyerContractAwardedValue
Nottinghamshire County CouncilMulti Provider Framework Agreement for Care, Support and Enablement (CSE) within Supported Living and Community Networks——
NHS Devon Integrated Care BoardFramework Agreement for Live-in Care (All-Ages), Complex Care (All-Ages) and Trusted Assessors for Spot Therapy and Clinical Psychology Provision (SEND) for NHS Devon Integrated Care Board——

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Thera Trust — Deregistered, 11 registered locations, last inspected 13/12/2017.charity number confirmed by CQC CQC record

CQC provider record: Thera Trust — Registered, 7 registered locations, 2 regulated activities.charity number confirmed by CQC CQC record

CQC provider record: Ansar Projects — Deregistered, 2 registered locations, last inspected 09/03/2023.charity number confirmed by CQC CQC record

Advertised salaries (public job ads)

Roles this charity has advertised on CharityJob, matched on the exact employer name. A different source from the statutory pay bands above: these are asking salaries for vacancies, not what anyone was paid.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£101.3m
Total spending
£101.6m
Cost of raising funds
£80k
Reserves (reported)
£1.0m
Employees
3,346

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 2.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (2.9%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£101.3m£101.6m
31/03/2024£91.2m£94.5m
31/03/2023£81.4m£84.5m
31/03/2022£78.5m£77.6m
31/03/2021£79.2m£77.4m

Common questions

Is THERA TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the Group made a net loss of £0.3m for the year, following exceptional costs of £1.1m, though operational performance improved with a surplus on charitable activities of £0.8m. The trustees report that group free reserves of £0.4m are insufficient to secure long-term resilience, and the Group remains dependent on a transformation plan and bondholder agreements to maintain liquidity and meet obligations. Its FY2025 accounts were audited by Sayer Vincent LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund17/07/2025£172kGig Buddies with Thera Trust
Foundation Scotland08/03/2021£3kGrant to Thera Trust
The National Lottery Heritage Fund24/02/2014£69k"Strathmartine Hospital Histories"
The National Lottery Community Fund08/09/2010£178kSpeaking for myself
Sport England27/08/2009£8kBoston PRSA swim stretcher bed hoist

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE TULA TRUST LIMITED2£10k
THE GERALD MICKLEM CHARITABLE TRUST1£227k
CANTIACORUM FOUNDATION1£86k
THE PATRICK & HELENA FROST FOUNDATION1£59k
THE WILL CHARITABLE TRUST1£30k
THE 29TH MAY 1961 CHARITY1£30k
THE HOBSON CHARITY LIMITED1£25k
THE HELEN ROLL CHARITY1£25k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HF TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THERA TRUST£101.3m——below—no doubt
HF TRUST LIMITED FY2025£85.0m——unclear50.0%material uncertainty
TERAPIA FY2024£1.5m——above—no doubt
LIFE PATH TRUST LIMITED FY2025£1.9m—0below—material uncertainty
THE THALIDOMIDE TRUST FY2025£28.6m——above—no doubt
MARTHA TRUST FY2024£8.3m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.