Help support some of the most vulnerable people in society

Thera Trust 2018

Her new house and support at home is perfect for Lucy. It has enabled her to be part of her local community and to build relationships with people she wishes to spend time with.

Moreover, living independently has enabled Lucy’s family to feel part of her life again. They can have more input into the way Lucy chooses to lead her life and are able to help her make decisions in her best interest.

Thera Trust

Thera is a national charity that provides vital support for people with a learning disability – the majority of whom have complex needs – to help them to live the life that they choose. Many of those supported have complex support needs and require one-to-one support, 24 hours a day, at home or alongside them in their local community.

Thera has been supporting people with a learning disability for almost 20 years. The charity supports over 3,000 people, works across 80 local authorities in England, Wales and Scotland and has an estimated annual income of £65 million for the year.

The bond offer

One of Thera’s specialist services is helping people find somewhere to live that meets their individual needs. A key part of Thera’s growth strategy is to make more property available to people with a learning disability over the coming five years through a combination of property purchases and long-term leases.

This bond will play an essential role in helping the charity to deliver this strategy by purchasing up to an additional 15 homes for 25 people and providing working capital.

Before deciding to invest, you must read the bond offer document. The offer document can be downloaded at the bottom of this page.

IFISA eligible

Thera Trust bonds are eligible to be held in a Triodos Innovative Finance ISA (IFISA). Individual Savings Accounts (ISAs) offer investors and savers a tax efficient way to save or invest. The IFISA is a type of ISA that allows you to include investments that have been made via crowdfunded offers and as with all ISAs, you receive interest tax-free.

To invest in Thera Trust bonds through a Triodos IFISA, after reading the bond offer document, select the 'Invest through IFISA' option. This selection will open a current year IFISA.

Transferring an existing ISA

If you want to invest by transferring an existing ISA to a Triodos IFISA, you must first request the transfer. You can do this under 'Account' once you've become a registered user on the platform.

Learn more about the IFISA

This offer page is for people intending to invest less than £89,000. If you wish to invest £89,000 or more please get in touch with us.

Key terms


Thera Trust

Target amount

£4,350,000 (of a total raise of £5,000,000)


Provision and adaptation of freehold properties to provide homes for people with a learning disability and general working capital.


6 years, repayment due on 31 March 2024

Minimum investment

£100. For investment of £89,000 or more, please get in touch with us.


5.5% gross per year, fixed and payable net of UK basic rate tax (unless held in a Triodos Innovative Finance ISA). Payment of interest and repayment of capital are not guaranteed.


The bonds are unsecured so bondholders will rank equally with Thera Trust’s other unsecured creditors and behind secured and preferential creditors on insolvency.


Bonds are transferable and may be sold on a matched bargain basis if there are willing buyers, which cannot be guaranteed.


Interest cover and asset cover covenant, which places a limit on Thera group’s total borrowings. A covenant breach increases the rate of interest payable to 8.5% for the duration of the breach.

Minimum raise

Bonds will be issued if at least £500,000 is raised. If not then investors' monies will be returned with no accrued interest.


16 February 2018 until 27 April 2018 (unless fully subscribed earlier or if the directors, at their sole discretion, decide to extend the offer).

Risk warning

Past performance is not an indication of future performance. Capital is at risk and returns are not guaranteed.

Payment of interest and capital is not guaranteed and is dependent on the continued success of Thera Trust's business model.

Download the offer document by logging in or registering.

  • £4,350,000 of £5,000,000
  • 0 hour left
  • 87% raised
Minimum investment



6 years


5.5% per year

Tax relief

IFISA eligible

Offer Closed