REDTHREAD YOUTH LIMITED
Get an alert when REDTHREAD YOUTH LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2026-12-11 (in 7mo)
Last made up 2025-11-27
Watchouts
Cash
£610K
-45.2% vs 2023
Net assets
£889K
-47% vs 2023
Employees
—
Average over period
Profit before tax
—
Period ending 2024-08-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to the accounting policy on page 18 of the financial statements which explains that the charity is intending to transfer all activities, assets and liabilities to Catch 22 Charity Limited in 2025. As a result, it is not appropriate to adopt a going concern basis of accounting in the preparation of the financial statements and as a result the financial statements need to be prepared on a breakup basis.
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- REDTHREAD YOUTH LIMITED 2008-04-29 → present
- CHRISTIAN YOUTH AND SCHOOLS CHARITABLE COMPANY 1995-11-27 → 2008-04-29
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2024-08-31
| Metric | Trend | 2023-03-31 | 2024-08-31 |
|---|---|---|---|
| Turnover | £3,661,909 | £4,466,428 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£220,527 | -£787,747 | |
| Cash | £1,112,860 | £609,569 | |
| Total assets less current liabilities | £1,677,036 | £889,289 | |
| Net assets | £1,677,036 | £889,289 | |
| Equity | £1,677,036 | £889,289 | |
| Average employees | — | — | |
| Wages | £2,527,525 | £3,658,246 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-08-31 |
|---|---|---|---|
| Net margin | -6.0% | -17.6% | |
| Current ratio | 4.42x | 7.92x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to the accounting policy on page 18 of the financial statements which explains that the charity is intending to transfer all activities, assets and liabilities to Catch 22 Charity Limited in 2025. As a result, it is not appropriate to adopt a going concern basis of accounting in the preparation of the financial statements and as a result the financial statements need to be prepared on a breakup basis.”
Significant events
- “Redthread decided to merge with Catch22 Charity Ltd after reviewing ways to protect its work amidst financial pressures.”
- “Redthread formally became part of the Catch22 group in August 2024.”
- “The financial reporting period was revised to 17 months, from 1st April 2023 through to 31st August 2024, to align with Catch22.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CANNIFORD, Andrew | Director | 2024-08-12 | Apr 1989 | British |
| RICHARDS, Nigel Paul | Director | 2025-06-01 | Sep 1970 | British |
| SUTHERLAND, Emer Caitriona Eileen, Dr | Director | 2022-08-01 | Dec 1970 | Irish |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FIRMAN, Andrew John Lingard | Secretary | 2008-01-24 | 2017-06-01 |
| ROUCH, David Victor | Secretary | 1998-12-10 | 2006-04-24 |
| SWEETLAND, Jeremy Richard Keith | Secretary | 2006-04-24 | 2008-01-24 |
| WATERER, Robin Alistair | Secretary | 1995-11-27 | 1998-12-10 |
| BARTLETT, Elizabeth Jeffris | Director | 1998-12-10 | 2006-09-20 |
| BATE, Lawrence Michael | Director | 2022-08-01 | 2025-05-31 |
| BRADSHAW, Myles Emmerson Charles | Director | 2022-08-01 | 2024-08-12 |
| BULLOCK, Miriam | Director | 2019-07-24 | 2024-08-12 |
| CARSEY, Natalie | Director | 2022-08-01 | 2024-07-31 |
| CATTLEY, Richard Melville, Reverend | Director | 1995-11-27 | 2001-05-22 |
| CHARLICK, Simon Robert | Director | 2022-04-30 | 2022-07-25 |
| CHARLICK, Simon Robert | Director | 2016-10-18 | 2022-04-29 |
| COCHRANE, Paul Mark | Director | 1998-12-10 | 2003-04-12 |
| COOKE, Jeremy Lionel | Director | 1995-11-27 | 2006-04-24 |
| FIRMAN, Andrew John Lingard | Director | 2008-01-24 | 2017-06-01 |
| FRY, John Edward | Director | 2006-04-23 | 2016-10-18 |
| GALLAN, Patricia Ferguson | Director | 2019-07-24 | 2023-07-31 |
| GARFORTH BLES, Rachel | Director | 2001-12-03 | 2006-04-24 |
| HAVERS, Caroline Sarah Oldfield | Director | 2006-09-20 | 2019-02-28 |
| JACOBS, Jeffrey | Director | 2024-08-12 | 2025-05-31 |
| MANN, Anne Louisa Philip | Director | 2017-01-10 | 2020-05-27 |
| MCDONALD, Paula Marilyn | Director | 2022-09-01 | 2025-05-31 |
| MUNGEAM, Timothy Graham | Director | 2006-06-15 | 2010-04-23 |
| NG'ONA, Kasuba | Director | 2024-08-12 | 2025-05-31 |
| O'DONOVAN, Katherine Jo | Director | 2019-07-24 | 2023-02-11 |
| PLUMRIDGE, Cheryl Alane | Director | 2019-02-28 | 2020-11-25 |
| RENNIE, Sheelagh Ruth | Director | 1995-11-27 | 2007-09-01 |
| ROUCH, David Victor | Director | 1995-11-27 | 2006-04-24 |
| RUSSELL, Lucie Rae | Director | 2017-06-01 | 2023-04-10 |
| SKELTON, Vanessa Ann, Dr | Director | 2011-06-27 | 2019-02-28 |
| SOBOWALE, Ufuoma Irene | Director | 2024-08-12 | 2025-05-31 |
| WYPORSKA, Wanda Michelle, Dr | Director | 2019-07-24 | 2022-04-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Catch 22 Charity Limited | Corporate entity | Appoints directors | 2024-08-12 | Active |
Filing timeline
Last 20 of 165 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-30 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-29 | AD02 | address | Change sail address company with old address new address | |
| 2024-09-02 | CH01 | officers | Change person director company with change date | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-09-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-08-31 vs 2023-03-31
-
Turnover
+22%
£3,661,909 £4,466,428
-
Cash
-45.2%
£1,112,860 £609,569
-
Net assets
-47%
£1,677,036 £889,289
-
Employees
—
Not reported
-
Wages
+44.7%
£2,527,525 £3,658,246
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers