THRESHOLD DAS LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net incoming resource of £34,337 for the year ended 31 March 2025, with total income of £1,829,069 and expenditure of £1,794,732. The trustees report that free unrestricted reserves stood at £607,502, which they consider to be within their prudent range of £523,866 to £1,047,731, allowing for 3 to 6 months of operational costs. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“During the year Threshold DAS paid key management salaries totalling £221,242 (2024: £176,455). Key management are considered to be 4 (2024: 3) individuals who directly impact upon the strategic direction of the Charity.” — page 30
“During the previous and current year, and following a competitive tender process, services and goods were provided by Wood Solutions Carpentry, a business which the husband of the Chief Executive owns. The total expenditure incurred comprised of labour costs of £2,487 (2024: £240) and goods of £11,748 (2024: £845). To ensure best governance the Chief Executive was excluded from any decision making with regards to the delivery of this contract.” — page 37
“Gomer Williams & Company ltd, a company for which Trustee J Phillips-James is a managing director, provided the charity with conveyancing services in relating to the property acquisitions during the year. The total fees incurred being £594 (2024: £1,534). To ensure best governance J Phillips-James was excluded from any decision making with regards to the delivery of this contract.” — page 37
“During the previous and current year, and following a competitive tender process, services and goods were provided by Wood Solutions Carpentry, a business which the husband of the Chief Executive owns. The total expenditure incurred comprised of labour costs of £2,487 (2024: £240) and goods of £11,748 (2024: £845). To ensure best governance the Chief Executive was excluded from any decision making with regards to the delivery of this contract.” — page 37
“Gomer Williams & Company ltd, a company for which Trustee J Phillips-James is a managing director, provided the charity with conveyancing services in relating to the property acquisitions during the year. The total fees incurred being £594 (2024: £1,534). To ensure best governance J Phillips-James was excluded from any decision making with regards to the delivery of this contract.” — page 37
“During the previous and current year, and following a competitive tender process, services and goods were provided by Wood Solutions Carpentry, a business which the husband of the Chief Executive owns. The total expenditure incurred comprised of labour costs of £2,487 (2024: £240) and goods of £11,748 (2024: £845). To ensure best governance the Chief Executive was excluded from any decision making with regards to the delivery of this contract.” — page 37
“Gomer Williams & Company ltd, a company for which Trustee J Phillips-James is a managing director, provided the charity with conveyancing services in relating to the property acquisitions during the year. The total fees incurred being £594 (2024: £1,534). To ensure best governance J Phillips-James was excluded from any decision making with regards to the delivery of this contract.” — page 37
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (16/06/2017)
Trustees
- JULIET PHILLIPS - JAMESchair
- Christopher Phillip Beer
- Malcolm Topping
- ZOE WEAVER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.8m |
| 31/03/2024 | £1.7m | £1.6m |
| 31/03/2023 | £2.0m | £1.9m |
| 31/03/2022 | £1.6m | £1.5m |
| 31/03/2021 | £1.2m | £1.2m |
Common questions
Is THRESHOLD DAS LIMITED financially healthy?
The accounts state that the charity incurred a net incoming resource of £34,337 for the year ended 31 March 2025, with total income of £1,829,069 and expenditure of £1,794,732. The trustees report that free unrestricted reserves stood at £607,502, which they consider to be within their prudent range of £523,866 to £1,047,731, allowing for 3 to 6 months of operational costs. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Bevan Buckland LLP.