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THERA TRUST

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

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 a surplus on charitable activities of £0.8m before exceptional costs. The trustees report that group free reserves of £0.4m are insufficient to secure long-term resilience, though the transformation plan aims to improve liquidity and generate surpluses.

What the accounts disclose

Highest-paid employee band: £100,000 - £109,999 — below the median for charities its size (£180k)
“The highest paid director received remuneration of £103,000 (2024: £82,796) (salary and benefits in kind).” — page 113
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“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.
Pension scheme deficit: £225k
“The net pension liability for this scheme has decreased from £-353k to £-225k.” — page 63
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

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

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).

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 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?

The accounts state that the Group made a net loss of £0.3m for the year, following a surplus on charitable activities of £0.8m before exceptional costs. The trustees report that group free reserves of £0.4m are insufficient to secure long-term resilience, though the transformation plan aims to improve liquidity and generate surpluses. Its FY2025 accounts were audited by Sayer Vincent LLP.

What does the highest-paid employee of THERA TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £100,000 - £109,999 band.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund24/02/2014£69k"Strathmartine Hospital Histories"

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
SIR JEREMIAH COLMAN GIFT TRUST1£4k

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