Charity Accounts Intelreading the accounts so you don’t have to

THE TERRENCE HIGGINS TRUST

Registered charity 288527 · accounts filings on the Charity Commission register · also known as LIGHTHOUSE, T H T, TERENCE HIGGINS TRUST, TERENCE HIGGINS TRUST LIMITED, THT, THT LIGHTHOUSE · also registered in Scotland as SC039986 (OSCR)

The promotion of better HIV, sexual and general health by education of the public, the provision of HIV and sexual health programmes and material, care and support services, clinical services, advice information and advocacy.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£12.8m
Latest spending
£10.9m
Registered
1984
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved an operational surplus of £1.7 million for the year, with total unrestricted reserves increasing to £20.0 million. The trustees report that free reserves of £5.6 million are slightly above the stated policy target of three to six months of expenditure, indicating a strong financial position despite a transition in business model.

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

What the accounts disclose

Highest-paid employee band: £110,000 - £119,999 — below the median for charities its size (£130k)
“£110,000 to £119,999” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Donations and legacies (59% of income)
“Donations and legacies contributed £7.6 million to overall income.”
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 18.0% of fundraised income, as disclosed
“The cost of raising funds was £1.9 million, making up 18% (18% 2023/24) of overall expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three to six months of expenditure (held: £20.0m)
“The reserve policy agreed by the Trustees ensures that the free level of reserves held should be between the equivalent of three months and six months of expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Administration recharged to subsidiary
“During the year, Terrence Higgins Trust recharged administration services to HIV Research Trust amounting to £56,427 (2024: £56,427). As both entities are within the group, this transaction has been eliminated on consolidation in accordance with FRS 102.” — page 45
“During the year Trustees have made donations to the Charity with a total value of £5,240 (2024: £1,500). No conditions were attached to these donations.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donations
“During the year, Terrence Higgins Trust recharged administration services to HIV Research Trust amounting to £56,427 (2024: £56,427). As both entities are within the group, this transaction has been eliminated on consolidation in accordance with FRS 102.” — page 45
“During the year Trustees have made donations to the Charity with a total value of £5,240 (2024: £1,500). No conditions were attached to these donations.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Corporate structure

Public fundraising profile: JustGiving — Terrence Higgins 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.

Property (HM Land Registry)

6 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £10.7m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: The Terrence Higgins Trust — Deregistered, 7 registered locations, last inspected 28/11/2016.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£12.8m
Total spending
£10.9m
Cost of raising funds
£1.9m
Reserves (reported)
£5.6m
Employees
156

Reported reserves equal ~6.2 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 15.1% of total income — in the top quarter for charities its size (median 3.8%) (benchmarks).

Register events

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£12.8m£10.9m
31/03/2024£12.0m£14.8m
31/03/2023£12.3m£13.7m
31/03/2022£11.2m£11.5m
31/03/2021£10.9m£11.2m

Common questions

Is THE TERRENCE HIGGINS TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved an operational surplus of £1.7 million for the year, with total unrestricted reserves increasing to £20.0 million. The trustees report that free reserves of £5.6 million are slightly above the stated policy target of three to six months of expenditure, indicating a strong financial position despite a transition in business model. Its FY2025 accounts were audited by HaysMac LLP.

What does the highest-paid employee of THE TERRENCE HIGGINS TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £110,000 - £119,999 band.

Who funds THE TERRENCE HIGGINS TRUST?

Funders whose own accounts filings name THE TERRENCE HIGGINS TRUST as a grant recipient include PROJECT GIVING BACK, The Goldsmiths' Foundation, BRITISH HIV ASSOCIATION, PILKINGTON CHARITIES FUND, THE WOODWARD CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
PROJECT GIVING BACKFY2024£444k2024 Garden costs
The Goldsmiths' FoundationFY2024£30kCharity Committee - Prisoner Resettlement
BRITISH HIV ASSOCIATIONFY2021£25kGrant
PILKINGTON CHARITIES FUNDFY2023£15k
THE WOODWARD CHARITABLE TRUSTFY2025£10k
THE ANNANDALE CHARITABLE TRUSTFY2024£6k
THE MARTIN BOWLEY CHARITABLE TRUSTFY2025£6k
THE MARTIN BOWLEY CHARITABLE TRUSTFY2024£6k
THE MARTIN BOWLEY CHARITABLE TRUSTFY2023£6k
THE ANNANDALE CHARITABLE TRUSTFY2025£5k
THE AUSTIN AND HOPE PILKINGTON TRUSTFY2023£5k
PILKINGTON CHARITIES FUNDFY2022£5k
BELVEDERE TRUSTFY2024£4k
PILKINGTON CHARITIES FUNDFY2025£4k
THE MARTIN BOWLEY CHARITABLE TRUSTFY2022£4k
FRAZER TRUSTFY2023£2kChildren
FRAZER TRUSTFY2024£2kMedical and other research
FRAZER TRUSTFY2022£2k
THE CATHERINE COOKSON CHARITABLE TRUSTFY2024£2kMedical, Health and Sickness
FRAZER TRUSTFY2025£2kMedical and other research
GOWLING WLG (UK) CHARITABLE TRUSTFY2025£1k
DORIS FIELD CHARITABLE TRUSTFY2022£1kSingle payment
BELVEDERE TRUSTFY2023£1k
THE OAKDALE TRUSTFY2025£1k
SSP FOUNDATIONFY2024£1k
SSP FOUNDATIONFY2024£1k
THE OAKDALE TRUSTFY2022£1k
DORIS FIELD CHARITABLE TRUSTFY2023£737Single payment
SSP FOUNDATIONFY2022£500
SSP FOUNDATIONFY2022£500
GOWLING WLG (UK) CHARITABLE TRUSTFY2024£500
CBRE UK CHARITABLE TRUSTFY2023£250
THE ARDWICK TRUSTFY2024£200

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund15/10/2024£10kTHT Blood Borne Virus Project: Cost of Living Support
The National Lottery Community Fund18/04/2024£150kTerrence Higgins Trust Scotland HIV and Ageing Programme
The National Lottery Community Fund30/05/2023£10kTHT Glasgow Blood Borne Virus Project: Cost of Living Support - SCOCOL
The National Lottery Community Fund25/04/2023£10kTerrence Higgins Trust: Creating a Bilingual website in both English and Welsh
Postcode Lottery25/03/2022£250kTerrence Higgins Trust - Hero Award
The National Lottery Community Fund26/05/2020£100kTHT at Home - Emergency Covid-19 Response
The National Lottery Community Fund09/04/2020£150kPeer Support Scotland
Bedfordshire and Luton Community Foundation30/01/2020£27kGrant to Terrence Higgins Trust
The National Lottery Community Fund27/01/2020£8kGlasgow Theatre Project
The National Lottery Community Fund10/10/2018£1.2mTerrence Higgins Trust
City Bridge Foundation11/05/2017£106kGrant to Terrence Higgins Trust
The National Lottery Community Fund24/08/2016£10kL+ Project
The National Lottery Community Fund17/06/2015£495kChampions of Change
The National Lottery Community Fund03/11/2014£146kPeople for People
The National Lottery Community Fund11/09/2014£144kInformed Passions
The National Lottery Community Fund21/08/2014£92kChildren and Families Project Nottingham
The National Lottery Community Fund14/07/2014£120kLife Positive
The National Lottery Community Fund10/06/2014£9kHelping Hands
The National Lottery Community Fund02/05/2014£203kWork Positive
The National Lottery Community Fund14/04/2014£5kCommunity Workshops Project
The National Lottery Community Fund13/03/2013£243kSWISH
The National Lottery Community Fund13/03/2013£793kConfident Families
The National Lottery Community Fund11/02/2013£266kTalkSafer
The National Lottery Community Fund20/12/2012£10kVolunteering for Wellbeing
City Bridge Foundation31/10/2012£144kGrant to Terrence Higgins Trust

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 DRUE HEINZ CHARITABLE TRUST1£4.0m
TRUST FOR LONDON1£120k
HOLLYHOCK CHARITABLE FOUNDATION1£90k
SWAROVSKI FOUNDATION1£86k
THE BROOK TRUST1£72k
BANHAM FOUNDATION LIMITED1£25k
THE NORTHWICK TRUST1£25k
THE EVAN CORNISH FOUNDATION1£21k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NATIONAL HIV STORY TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE TERRENCE HIGGINS TRUST£12.8m£110,000 - £119,999—above18.0%no doubt
THE NATIONAL HIV STORY TRUST FY2025£126k—0unclear—no doubt
NATIONAL AIDS TRUST FY2025£1.1m——unclear—material uncertainty
THE ROBERT GRACE TRUST FY2025£245k—0unclear—no doubt
SAVING LIVES FY2025£401k—0unclear—no doubt
CHILDREN'S HIV ASSOCIATION LIMITED FY2025£387k£70,001 - £80,000—below—no doubt

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