Charity registration number 1160233 (England and Wales)
THE HELIOS FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025

THE HELIOS FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr R Baldock
Mr P McDonnell
Mr G Branson
Mr T Thoroe
Ms D O'connor
Charity number {England and Wales)
1160233
Principal address
41 Barker Drive
Camden
London
NWI OJG
Independent examiner
Mitchell Charlesworth
24 Nicholas Street
Chester
CHI 2AU

THE HELIOS FOUNDATION
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
10-19

THE HELIOS FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 JUIVE 2025
The trustees present their annual report and financial statements for the year ended 30 June 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial
statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffective l January 20191"
Objertives and activities
The Helios Centre has supported people living with HIV in London since 1986. We are currently based in temporary
accommodation in Kilburn and will shortly be relocating to newly secured premises in Holborn.
Clients come to us from across London and place high value on our unique, holistic model of support. We provide a wide range
of therapeutic interventions including counselling and psychotherapy (with trauma-informed approaches), as well as
complementary therapies such as Osteopathy. acupuncture 3nd therapeutic massage.
Our mission is to improve the physical and mental wellbeing of people living with HIV through therapy, advice, advocacy and
emotional support. As part of this work, we have consistently supported clients in maintaining adherence to antiretroviral
IARVI treatments and other prescribed regimens.
Most of our clients live with either a physical disability, a mental health condition. or both. The majority are on low incomes or
living below the poverty line, and the typical age range is 4F75. Clients broadly fall into three groups=
l. Long-term HIV-positive clients
These individuals contracted HIV before effertive treatments were available and many progressed to AIDS. Their health is
often poor. with multiple comorbidities and chronic physical and mental health issues. Our holistic interventions help improve
their quality of life, though deteriorating health and mobility challenges remain significant concerns.
2. HIV Women of Colour
This group is often diagnosed late, sometimes only upon hospital admission. Many are refugees or asylum seekers
experiencing physical decline, chronic pain, sleep disturbance. emotional isolation and stigma. They frequently require
significant support with medication adherence, navigating administrative processes, and managing psychological distress. This
group has grown from 25% to 31Y% of our client base.
3. Volunteers as Service Users
We employ three part-time project staff supported by around 25 volunteers. We have particular expertise in supporting
volunteers with mental health challenges who benefit from safe social contact, structured activity, skills development, and
increased confidence. Thi5 pathway has enabled many to re-engage with community life.

THE HELIOS FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Achievements and performance
Significont artivities and achievements ogoinst objectives
Our continued monitoring and analysis of client data has helped the staff and therapists fully understand the clients, issues
and why certain therapies are most in demand. Our improved structures and programmes. developed prior to Covid. requiring
more detailed programme monitoring and oversight than has been needed in the past. are under considerable stress.
The opportunity for clients to See improvement has been very empowering for them. Some outcomes were: 11 improved
health, 21 feeling more optimistic, 31 able to manage pain more effectively. 41 being part of a community and feeling
supported, 51 improvement in their relationships.
Stren
ths.. The mix of clients from BME women to LGBTQ people has created an inclusive and non-threatening environment
that they can feel safe in. Strong networks with local partners and agencies have helped greatly to reach many people new to
this kind oftreatment. The volunteer team is very committed and costs have been kept to a minimum.
High numbers of clients are served each week. Some come from referral agencies dealing with clients who are not well despite
HIV medication. The number of BME HIV+ women attending Helios is encouraging. especially as it was initially difficult to build
a relationship with this group due to the stigma associated with HIV. From this strong base, we are now reaching out further
into this community.
We have always had strong links with the transgender community, both male-female and female-male. Indeed, our long-
standing experience serving the LGBTQ community and our informal surroundings is reassuring to transgender people used to
discrimination. Because of our very effective approaches, the number coming here h3s continued to grow through word of
mouth.
We are one of very few London charities in the holistic therapy field with an extensive range of psychological sessions
alongside physical treatment. We fill a number of significant gaps in services provided elsewhere. Many other providers limit
access by postcode. gender, sexuality or race - and clients are often given a fixed set of sessions before being placed on a
waiting list for further treatment. At Helios, we provide ongoing treatment according to need.
Risks and challen
es.. Our reliance on unpaid senior positions. Though there is a high degree of commitment and a good pool
of effective volunteers at that level, we have not yet been able to establish one paid top full-time managerial post.
The increasing and shifting needs of many clients. The demand for increased advocacy, to support the more vulnerable clients
with issues such as housing. welfare. withdrawal of care and finance is escalating. Our advocacy remains informal so we do
need extra resources for this area to be more consistently implemented in the future.
Further funds are also needed for a more inclusive LGBT counselling and psychotherapy proEramme. Helios has seen a marked
increase in clients unable to manage the system and in crisis.
Financial review
Reserves policy
The unrestricted reserves are £139,299, which represents approximately 70% of annual running costs, based on an average
annual expenditure of £200.000. The Trustees consider this level of reserves to be appropriate and in line with their
expectations, providing sufficient financial resilience to manage operational risks. Some planned use of reserves is anticipated
in the coming year to support the transition into the new centre.

THE HELIOS FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Plans for future periods
After 22 years in Kings Cross, we relocated to temporary premises in Kilburn provided free of charge by ASTOP. These are
interim arrangements while we prepare to move to new permanent premises in Holborn, where Camden Council will act as
landlord.
The Holborn building requires significant renovation but offers substantial benefits. Owing to its condition, the rent is
relatively low at £38,000 per annum. The capital projert cost of £346.000 represents a long-term investment that will create a
modern, fully accessible and environmentally sustainable facility. The new premises will be 20% larger and more adaptable,
enabling us to expand our services and better seNe London's HIV+ and LGBT+ communities. All capital funds have been
secured through grants and donations.
Structurej governance and management
The charity is a charitable trust and registered as a charity on 12th July 1982. A memorandum of association establishes the
objects and the power of the trust and is governed under its Articles of Association.
Type of governing document
How the charity is constituted
Trustee selection methods
Trust deed dated 13 August 1982
By trust
By appointment
The trustees who served during the year and up to the date of signature of the financial statements were..
Mr R Baldock
Mr P McDonnell
Mr G Branson
Mr TThoroe
Ms D O'connor

THE HELIOS FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Orgonisationol strurture
Trustees
The charity is governed by a Board of five Trustees who collectively sustain the orEanisation's mission, fulfil statutory
responsibilities, and oversee strategic and financial management. The Trustees hold the charity's assets, income and funds for
the public benefit with the objective of advancing the study and prdctice of the arts and sciences associated with holistic
health.
Management Committee
The Trustees are supported by a Management Committee comprising eight members. primarily clients and therapists. This
committee provides recommendations and practical insight that inform both operational and strategic decisions.
Staff Team
The charity employs three paid part-time members of staff-
Centre and Bookings Manager
Project Manager
Finance Manager
Therapists
The Centre works with 31 carefully selected therapists, chosen for their professional skill and high standards of practice. Many
have been with the organisation for a considerable number of years, providing valuable continuity for service users.
Volunteers
We benefit from the commitment of 26 volunteers, many of whom are current or former seNice users. They work across all
areas of the organisation and act as the backbone of our operations. Volunteers also include jobseekers seeking work
experience and retired individuals wishing to remain active. The volunteer programme offers opportunities to gain confidence,
develop IT and organisational skills, and work collaboratively as part of a team. Volunteers may claim travel and lunch
expenses. Retention remains excellent. with some volunteers serving for over 20 years.
Our reception area illustrates our inclusive ethos.. Women of colour, gay men, trans people and many others come together in
a safe and supportive space. Our volunteer cohort refiects this diversity. helping to challenge and reduce the stigma
surrounding HIV.
FSI Evaluation
We recently underwent a full FSI evaluation these are some of their findings.
Helios, approach makes these change5 Possible. because..
Their flexible and person-centred approach. The client is in control. alongside discussions with staff of their
treatment plan and can choose how often to attend and when. There is no fixed limit in contrast to many services
which are limited to e.g. 12 weekly sessions at the same time.
A wide range of therapies are on offer.
Affordable treatments. Therapies are provided on a 'pay what you can. basis. which makes them much more
accessible to clients on low wage. disability benefits. or unemployed.
Welcoming atmosphere and energy. 97% of clients responding to the survey feel welcome with friendly and non-
judgmental staff and volunteers. For some clients, the experience of being welcomed at Helios was described as
"healing in itself"
Client base.. 65% Male 35% Female is in line with the proportion of women with HIV in the UK131%1
Improvements-
Continue refining their impact measurement framework.
Continue to improve booking and monitoring systems.
Review the journey for new clients, to ensure that everyone receives that same welcoming feeling.
Explore needs for other forms of support, funding dependent, such as social events or groups, advocacy support.

THE HELIOS FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
The trustees. report was approved by the Board of Trustees.
MrR Baldock
MrTThoroe
17/02/2026
Date:.............................................

THE HELIOS FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE HELIOS FOUNDATION
I report to the trustees on my examination of the financial ststements of The Helios Foundation (the charity) for the year
ended 30June 2025.
Responsibilitie5 and basi5 of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the
requirements of the Charities Act 2011.
I report in respect of my examination of the charity's financial ststements carried out under section 145 of the Charities Act
2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl
of the Charities Act 2011.
Independent examiner's statement
Since the charity's gross income exceeded £250.000. the independent examiner must be a member of a body listed in section
145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member of FCCA,
which is one of the listed bodies.
understand that this has been done in order for financial statements to provide a true and fair view in accordance with
Generally Accepted Accounting Practice effective for reporting periods beginning on or after l January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination
giving me cause to believe that in any material respect=
accounting records were not kept in respect of the charity as required by section 130 of the Charities Att 2011.
the financial statements do not accord with those records- or
the financial statements do not comply with the applicable requirements concerning the form and content of financial
statements Set out in the Charitie5 (Accounts and Reports) Regulations 2008 other than any requirement that the
financial statements give a true and fair view. which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be
drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Alex Makinson, FCCA
Mitchell Charlesworth
24 Nicholas Street
Chester
CHI 2AU
1710212026
Dated:.........................

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THE HELIOS FOUNDATION
BALANCE SHEET
ASAT30JUNE 2025
2025
2024
Notes
Fixed assets
Tangible assets
io
116,484
Current assets
Debtors
Cash at bank and in hand
li
28.500
269,726
50,0(KI
237,506
298.226
13,3111
287,506
13,0791
Creditors: amounts falling due within one year
Net current assets
294,915
284,427
Total assets less current liabilities
411,399
284,427
The funds of the charity
Restricted income funds
Unrestricted funds- general
Unrestricted funds - designated
206,100
139,299
66,000
122,005
96,422
66,000
15
14
411,399
284,427
The financial statements were approved by the trustees on .
1710212026
MrR Baldock
Mr T Thoroe

THE HELIOS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUIVE 2025
Accounting policies
Charity information
The Helios Foundation is a charitable trust, incorporated and registered as a charity on 12th July 1982. The principle
address is 41 Barker Dr, Camden, London, NWI OJG.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act
2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102,1 and the
Charities SORP "Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021" (effective l January 20191. The charity 15 a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities IAccounts and Reports) Regulations 2008 only to the extent
required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice
for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in
the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in
these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation
of freehold properties and to include investment properties and certain financial instruments at fair value. The principal
accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt
the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objertives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific condition5 by donors that the capital must be maintained by the charity.
1.4 Income
Income 15 recognised when the charity 15 legally entitled to it after any performance condition5 have been met, the
amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other don3tions are recogni5ed once the charity has been notified of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset.

THE HELIOS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it
is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be
measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Dirert costs attributable to a single activity are allocated
directly to that artivity. Shared costs which contribute to more than one activity and support costs which are not
attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the
asset's use.
Expenditure is recognised when it is incurred and is recorded gross of related income.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation
and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful
lives on the following bases:
Leasehold improvements
20 years straight line from commencement of lease
The Eain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the
carrying value of the asset. and is recognised in the statement of financial activitie5.
1.7 Impairment of fixed a55etS
At each reporting end date, the charity review5 the carrying amounts of its tangible assets to determine whether there
is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable
amount of the asset is estimated in order to determine the extent of the impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other 5hort-term liquid investments
with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in
current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual
provisions of the instrument.
Financial assets and liabilitie5 are offset, with the net 3mount5 presented in the financial statements, when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to reali5e
the asset and settle the liability simultaneously.

THE HELIOS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Accounting policies
(Continued)
BasiTcfinanciTal ossets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitutes a financing transaction, where the transaction 15 measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
Basicfinuncial liabilities
Basic financial liabilities. including creditors and bank loans are initially recogni5ed at transartion price unless the
arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortised.
Debt instruments are subsequently carried at amortised cost, using the effettive interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they
are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently
measured at amortised cost using the effective interest method.
Derecognition oAfinancial IITabilitie5
Financial liabilities are derecognised when the charitys contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
Incorne frorn donations and legacies
Unrestricted
funds
2025
Restricted
fund5
2025
Totsl
Unrestricted
fund5
2024
Restricted
funds
2024
Totsl
2025
2024
Donations and gifts
Grants
146,669
55,095
84,000
201,764
84,000
116,344
68,275
184,619
146,669
139,095
285,764
116,344
68,275
184,619

THE HELIOS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Income from donations and legacies
(Continued)
Unrestricted
funds
Restricted
funds
Totsl
Unrestricted
funds
Restricted
funds
Totsl
2025
2025
2025
2024
2024
2024
Donations and gifts
Funding - Mill Hill Trust
Lottery
G Branson
Gilead Science
The Talent Fund
Big Geoff Overseas Limited
Client donation
Other
30,000
18,275
30,000
18,275
61,856
iio,000
iio,000
20,000
30,000
5,000
36,669
95
61,856
20,000
30,000
5,000
36,669
54,488
54,488
20,000
95
20,000
146,669
55,095
201,764
116,344
68,275
184,619
Grants
The Talent Fund
The Foyle Foundation
London Borough of Camden
Council
30,000
10,000
30,000
10,000
44,000
44,000
84.000
84.000
Income from charitsble activities
Unrestricted
funds
Unrestricted
funds
2025
2024
Other income
Sale of goods
1.995
8,441

THE HELIOS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Income from investments
Unrestricted
Unrestricted
funds
2025
funds
2024
Interest receivable
3,361
5,509
Expenditure on charitable activities
Charitable
activities
Charitable
activities
2025
2024
Direct costs
Consultancy fees
Volunteer training
Remedies
Staff costs
Therapist
Rent
2,274
1,181
2,605
71,321
69,710
1,903
1951
6,972
7,560
1,831
72,277
88,874
204
Light & heat
Office expenses
Rates
3,297
12,755
954
Repairs and renewals
Telephone
1,715
2,046
38,714
444
159,632
226,910
Share of support and governance costs (see note 6)
Governance
4,516
15051
164,148
226,405
Analysis by fund
Unrestricted funds - general
Restricted fund5
5,698
158,450
15051
226,910
164,148
226,405

THE HELIOS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
Support costs allocated to activities
2025
2024
Governance costs
4.516
15051
Analysed between:
Charitable activitie5
4,516
15051
Trustees
None of the trustees lor any persons connetted with them) received any remuneration or benefits from the charity
during the year.
Employees
The average monthly number of employees during the year wa5:
2025
Number
2024
Number
Total
No employees received total employee benefits of more than £60,000 in the year.
There were no employees whose annual remuneration was more than £60.000.
There are no key management personnel
Taxation
The charity is exempt from tsxation on its activities because all its income is applied for charitable purposes.
10 Tangible fixed assets
Leasehold
improvements
Cost
Additions
116,484
At 30 June 2025
116,484
Carrying amount
At 30 June 2025
116,484

THE HELIOS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUIVE 2025
li
Debtor5
2025
2024
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
28,51)0
50,000
28,500
50,000
12
Creditors: amounts falling due within one year
2025
2024
Other taxation and social security
Other creditors
Accruals and deferred income
765
160
342
2,204
322
2,597
3.311
3,079
13
Restricted fund5
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to
specif ic conditions by donors as to how they may be used.
At l July 2024
Incoming
resources
Resources
expended
Trdnsfers At 30 June 2025
Investments
The Talent Fund
2.005
2,005
30,000
44,000
10,000
60.000
44.000
10,000
20.000
130,0001
London Borough of Camden
The Foyle Foundation
Gilead Science
120,000}
Property fund
Big Geoff Overseas Limited
Other
120.000
120,000
5,000
95
(5,000}
95
Transfers between funds
1103,4501
103,450
122,005
139.095
1158,4501
103,450
206,100