Charity registratr*n nurnbBr 1117092 {ErwJland arKI Wales) Comparby reswstration number OS664446 RED BALLOON - NORWICH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 RED BALLOON - NORWICH LEGAL AND ADMINISTRATIVE INFORMATION Truste8s E L c￿lleY JTryDwn A D8bFI S F R￿9￿ward B Crane (Appinted 6 Novetnber 2024} IApFrf*nt8d 1 Odotw 20241 IApwMnted 29 May 20251 (Aprrtxnted 2 Febtuary 20261 harity number (EngIar￿ Wlalesl 1117092 Company number 05664446 Rogistored offi¢¢ 289 Wton Road NR3 2PW Audiior SurrwAuditw Limi18d 15 PaLxe Stteei NQRWICH unit￿ NR3 1RT RED BALLOON - NORWICH CONTENTS Pa9e Tru5tees' rEPUrt StatetnentLI trustees. resp￿S1￿1￿eS Independent auditc¢s rer Statern8ntd fInar￿Aal acbvities 10 Aalance sheet Staternentd(x5h fiovJ5 12 NDtes to thB f￿arKla1 ￿ats￿et 13-23 RED BALLOON - NORWICH TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2025 The trustees wesenl Ikpir annual atKI Ina￿la1 f￿]heYear￿￿ed 31 Augu612025. firh8nciel slolem¢nts hevc b¢en prcwred in xOYd￿¢ewth ￿ occounbry OKies xt wt in notc 1 to ihe fin?nciol StslemenLs and cornFAy wiln the charivs y)v¢rnirMJ (kxbwl. l-& 2QK16. FRS '02"T￿ Fin¥¢￿1 Reporting Standard ap￿iCable In the UK and ReputArcf IrdaTht' ￿￿1 the Chrn SORP"AcrA)untiry and Reputing bycharibes." Statcment of Rttcthmended Piadte apl4￿￿)le to that*És piepa[M￿ thti" att￿niS In *wrdantÉ wrth Finanu Repo￿n¥ Siandatd appli¢a¥e in Ihe UK**J R8rwNicol Iweland IFRS 1021-. Objedives and a¢ti¥th"es ABOUT RED BALLOC4N- NORYIICH Red Balloor- Nowcry C￿aleS a nurhjriry e￿rOnrr￿1fr* St￿ents aged 11-16 who Canr￿ thrwe ￿ a mainstream ényiroDmenl. The schrA exists to re-trtjI￿ t￿$t torfKlÈft￿, sklL% and kTthbledge itrwou9h a proporboned tAwd wellbeing. aDd ¥QGaliDnal adiwbes. Rod Ballo)r a saf8, suFwIi￿8￿Wj n￿￿rni9 envmThreni fcrf40 ycwrg peorle from Nthlolk and the surrwndirvJ cwnbes. Our cenbe is Monday to FrKky fr￿n g.tthrn to 15.3(1)m duriry term lir￿e. and students attend full-time. All students ai Red Norw¢h hay8 * EHCP (Edacaith) Heallh C*& Flanl through thwrtrtv)nal po$￿v& regard. rJJrriculum seqUenc￿g a[￿ a naralive appr(wth 5tudentsare ablE lo re-c￿[￿ wlh edu(xtion. OBJECTS To prowdÈ a nurturing and supptrtNe k*niryJ enVY￿Me￿ fot SILM*nisW 11-16 wilh orwrthoul * Educ*￿n. Health and Care Plan have 5ufferwJ ￿￿elYa￿lI swJnrfiLwI tsautnalD EX￿1 ihFy unatle lo axe55 mainstrpan eoutsiK¥). To offer a tsilored trAend of acadetnic. V(Kati(na atKI welbeing ￿terVen￿￿ to eTwre each stulent can attend school tpgularty. arcessa fijll pdLKZtK>n atKJ wake a W)￿live carpeTtransitim P05t 16 On￿1hPY leavp Rpd Balix>Tr NorwKth. VALUES Wellbeing Mental health em￿lon￿ artressenbal lo a Wpy ènd hÈaltty indMdLO1. ThÈ of our men￿1 health also forrns the lo￿d81￿*7$ Io 8n*8 trnve ano ￿ $L* Tvoughout thoirtimc Slud￿ntS ot R¢¢ Nor￿Ch arc to a(rcs5 int￿￿￿￿¢ IyJnsd1ing 5UlWrt as part of their limelable. We use nlegrative (ounsellitvJ so we canoffer a rarpje of theraFeLtK approaches induding CBT. Soluti￿ focuspd and d￿￿1[￿j and talking Ilwy lo hplprerrK)ve bariet5 to kniTvJ ar￿ ￿Ve1Up strategies forthpir enlffied SLPPCrt r*eds whth onen In￿￿esse¥￿e an￿ety. AIW wronttto ￿e counsellin9 majcffj of skaft are also trdined in Level 2 F4lental He*th Firsl kn so Ment4 he*th SupwrlrwTha￿S4t1h8 wtre of our*thob sctw)ol appro￿1 to ￿nP￿vIng w1lhp.￿g InrAII Acadernic Red 8allfy)r- Norw¢Tr undersi¥rKI ea￿l￿)n is exams. ar￿ ils rK)I c*w-fils-all. Ttrt Scho￿ works ndera nepliated curriculum. *knere the student *as a say irbwhatthey ￿￿.. b leam. sowe fwid an approach IfAt enab￿5 them to learn SUC￿SSfUll% a￿'e£ tnolivated to 3ferKI. slll evsurng thp stalbtoryeduralion requIre￿entS are met. Our students comè to us at varKMJs levels of aknlity. *JpEKKi them n gel b￿￿on track and ￿Ve1 wth Ih8ir peers. 50 theyleel confident and then bmB wilh us lo an 8￿. We have also oeveloped 2 strong Vocat￿31 offerin9 lor Ihal str￿￿ to I￿n in the tra*th)nal ¥Yay. RED BALLOON - NORWICH TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Soclal Engagement Red Ballwr- Now¢n Is W￿11 aro lowsed Ino 6 stvdenis ￿rda$s)¥￿n9St￿YWts feel part of ihe conmuDity. Our Stud￿1$ have oftey had ymi1arexper1en￿ 60 thwp"5 an Innale ot Un￿rS￿r￿￿￿ and acceplarKe 81ready. our irydustve almosp￿re makes sure eveTrMe led5 wal￿ed. We seek ro engage St￿entS in comfflunities that ar8 both supwrtlV8 detnanditu. so they utKJe%13fKI ipe Ydup and realibes of CoM￿unihes we exp8rienc 1hroUgh￿.. lrfe. We bdEve it'5 Imp￿lant that students belong 10 therc￿lI￿n￿j. aDd Ihal IW ￿Ponsibl11Y foriheir contribut￿n to that c￿￿mU￿8￿d up￿)Ith￿ the oythe thr comfwnty rr¢n*ers. How do we dèlivér? Skils For Lifo Al Red Bdlow Norwich. we're passi￿8* attyJtequioW￿ YOU￿ the sklls Ihey neeil fty a ¢onfidenL le￿ndent bjture Our program Inciuoes ￿ti¢¥I lrfe $￿IL* Wch 8s<£*Y¢i19. bud9eM9. travel ffainwl9, ano support., all designe(t to p'e*re sty¢Jenls lor a(luN lile. Thrw3tr wrnbrfuriro apprwh. slLKlw'.s we sutvortwj lo ovwcomg znxieties arour* sch(X￿. ￿lId new Inendships. repar sustan rela￿Sh￿>S and extAue new en￿7r0n￿nts. itKluding work placements Every Sludeni also has actrssto ¢yJr ￿leY[￿Ne cvuwlbr. orf*ng a listsn1￿ e¥rand ¥ pnge ofcwingstraitrgies ￿ ¥urpxi on thewjtyJw*y to gjccess. Aeadernlc Red B¥lltrJr Ntywth cifets Ihe fvll of GCSE ctye yJbJerts klats. ErwJh"sh Lan9U8ge. Er¥lt8h Lite￿ture. combintyj SrJ8nce. Biology. An, Humar¥l* and Crassesw*niefa Iheir SEN needs *hi¢h supports k& a fJl empbyment offer T* truslees have paid due regard to gUktin￿ issued by the CW in decidiro %Yhat ￿tiVitieS Ihecharity should uTrJerf8kp. Red BalloDr Le￿[ Centres prowde an 5nknsivp￿e.lUl-lfflP eChMZ￿ f{Hthi￿[￿n1lf￿l7)Who have bepn so IraJm8tss•dlby bullying, phy&¢tJ wolorte, fani y br8ak¢knYn. t*8avem8nt. ￿¢) ltt¥t tsy oxdude ltr*msaWs frtyn schod. There Is no other purpose-made scherre la retnrfer thE gro.p of ChI￿re￿ and io gve them back-.heir'lile'. More than half of thg Studonts at Rgd Balbon have attgnpw or $9ri¢).sty ￿)￿￿J￿re(l. suiTrdg ￿Y￿re providgd wity a $3fg environrnenl wilh dear t￿u￿a￿e.￿ for behavK>ur I￿1¥￿￿al fulkknn￿ ac*M￿. pa5tor31 and tlwap2uhc programffle. Off￿* 8pproximaldy 6 1 10 to 17 yearohts in theUK. at*xrtlhiee in L% SO wxiws th¥t Fel$he has leftr the mainstream 8ducabwal sysiem Thts represents 16.XMlchiklren Experie￿* ifb Balk*Ms cau5eg uslo bel￿¥0 that there isa need'orsuch a Centre ￿ e￿ town arKI txty in Ihe UK. Red 8*IoDr ifftproves th8 sklLs aThl life LWOrtunth5 of a gn)up of soci￿￿15￿al￿J. LVJnfideT￿￿4lIrrfJ aTxI VJTyxed children. Red Balloor conknbLrtes to #10￿er cL*nrnur*ies by *dadores>rKJ the pietlem of swiou￿Y bull*d iiraumatised children wilh the trtlp oFthe aThJ fw Ihe benefil d i￿e ctymmwity. RED BALLOON - NORWICH TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 A¢hiw•m¢nts and porfwm0￿* A￿￿verne￿I end p¢rfvmence 81 Fled BalwTh. klwich IS fnewjred tytr¢ iruetrac in soKJtne tirta1ing £1,319.73312024. £929,867) represented fees receNed la fund tre e(Lcalion ofthose St￿entS wttiLsl oulsith maifjstream educati Staff number5 have been keplalvwed to Ihe wmberofsludenis. IrKx¥ne and eNpen5eswpfft broadly in linewth expeBlation. Try2 T￿Slee5 rnanage and rpvipw tre bL￿geta1 eth Trustee's ￿￿eling and ¥wxk the of Centre to en5we thai ￿$ts aieeoniroled. Tolal fvnds hekl by Red at yearended 31 202st0t￿￿ [522.794. Of*th￿h £19,63Swere restricted. ReseNe Policy 11 is Ihe policy of Red R91knfy) Nwch to m8intsil ai kasl three •*18 reseTresor £150.LY)O *td¢hev¥ Is the greater Wehave tocooe, sal¥es n It￿ evenlol late few payment and we Ik8￿ to be t*$pa￿ foi a In studenl numb8 atthe beginiing ol the aradernic )ear-our 15 to hd? our stud￿ts badt wwever ot1￿[ student5 are wtth us for rernaityw dUr*m￿ ollk*irsetoThlary edLtstiOn. Structur&, govem•nc• artd man¥g•m•ill chanty Is a c(Knpany limited try gknaranlee atKI as ￿ does have share cawl￿. Ih& (x)ttyarry is also 8 wiStefft1 charity. Gh￿tY nurnber is 1117(YJ2 Tre trustees, a￿ the dire(atrs trt pur(￿se of Company kn. and wvtyjdurirg the ye8rar*J up 10 the dattr of signatuieol the firwu* staiemwis weie_' B A￿ndge E L cu1￿Y M Blyth P D Boland JTCWn A Dabin W Klarshall S F Ridg&Vlard ZCR0￿e R G Walker B Cran8 O Oension (Arvitnled 6 November 2024 and resigned 1 January 20261 IArvynted 6 November 20241 {AFvMnted 1 Oct(tht 20241 IAwxxnted 1 (kt(kn2024 reS￿ned 14 JLdy 20251 lAWA￿nted 6 November 2024 and resigned 1 JanuBry 20261 IResgnee 10 March 2025 {AWx￿nled 29 May 23251 IApyxnled 2 Fetxuary 20261 None ol the trus￿e$ *)y benefKial intwesi li co)wny. Al ofthe are M￿bW$0r￿ o)mpany and ouarantee to conlnWte £1 In the£￿t ora *inding up. Organisational sIrU¢￿r• Governance of the Centre T* Board ofTnJsts8s. In ¢(X)SL418Ny) He*J of Cenire. makes deogts)s atx)ul siaffity, bu(Wrw. and p8rforman( STAFFING Mark Anderson. Fkad ofcenwe. has been in kK61 Sirte ALgUSI 207J aTh1 has ¢onbnued ro developa #rory team has m¥de po&bve impart *YOSS the ¢eni*. RED BALLOON - NORWICH TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Local fundra151ng Trusl•es aim lo r?ise'un(ts. ￿t￿ly. lo be lo wh8rKe the pW$K￿$ we offw, lo buy resww. wuipmenl. covw the cost ol e5swIBI rep?ir and replacement. etc." lJnds are a150 Lwd to bJtKI unlu￿e￿ students. Raising awarenv Trustees ¢ontin* io raise lo¢¥J putA¢ aw8rvess olthe ￿e￿$ 0fthi￿reTr have beentYaum8tiseJ f￿whatever reason le.g faTruly iKeakdo¥¥n. bweavwenl. rape. etcllhal ￿Y can￿1 for tIE beiw attend tna nslwm 8chg01. The airn is lo draw attention lo the facllhal such thildren sh(x1￿ be with a way lo reo)ver th￿rIpalIh and full-lyne edu￿t￿￿. Red Balkn(￿- Ni)rwich offer5 this servi￿. T* trustees have idewfied rnain area of¢0￿ern ¢apa(* ￿ t¢able￿ wov*e ourseNice lo voluwE of youry peope Ihal requre the suptKKt thatlhe Centre ollers. Ip 2013. Red Balloon Notwth was added to NorfrAk CW L￿h1 Touch as a PT0V￿er ot Day EducatiDn Services Norfo k County CtyJncil Issueé a fur.her In￿￿￿)￿ ItsTe￿er in January ￿11. ¢sKxinse w8$ attepied in Marth 2017 and our new Contract extends fora tc4ling live years. ￿ a WM. ry¥)s'.￿W[ slbd&nL% are direrjy fundad by the Local Authority. f>Jnro the 202412025 fInancJ￿ ￿tar. we began stL**nts frDm SuffcAkCounty Cowril on a spot pl￿ment basLS. Norfolk and Suffolk thnly ￿n¢11 fijnded all full bme students ￿Ksh￿entS aitendity Red BalkJon- Notwich lall ofwhi¢h haye sn Ed￿lI)n. He8th C¥8 Pbnl A rumtw of$￿￿ents aL%o *diliw81 fLmding for 110 1 taa¢hing and ￿arnI￿ suppor. lo Supp￿ their trdngAJon into Ihe core offer. 8 sludeits also access￿1 dual roll proV￿￿Th on a part-ti￿ basis ￿mI[￿s5￿￿ed by rnanstream sckKxA5Y4here Red Bal.1￿ NO￿lth werp the subsdiary {Kow(￿. r£apaGltY has increased IhrDugh Ihe bler￿ use of aNernalNe [KovisK￿ atHJ oYlinp ￿arfUr￿ where appropriate tsupporbn9 students rwy. ¥ble to attend the certt￿ s..raw￿l 8c¢ess a ￿ and b8lan¢ed cuniculum Red BalloorFNowch negotwlos ts cwrKubm *ith. WKI the S￿131. psychokngic¥ tlberapeulr of. these ywng peop￿. The mai￿lty Lrf our referrdk ￿e¥la the LoLa Aullyjrity SENPAG adm￿￿￿5 kyocess. PkcefflentskKwJng Feopkp w have been ¢￿su11ed can be atyeed by ltrt LiyA ¢Ontt￿ tt* èdNMsgons ￿r)ee$S Red Balb)rkn- NO￿￿h 8re slill open to receiving students who are ¢YrecUy funde(I by nwr¢tream pr￿ste y via pwents or a case by case basls Auditor In aets)rdartt yrilh thectsmpèn￿s8￿lCIes. a res￿￿t￿￿ FrOr￿1￿ lhat￿Mer Limrted ￿ reapprAnt&l as auditor of company be putata G￿eral Meebng. 11 h35 tken a yearof skbi&ty txilh 513ttatKJ tru51ee& thp L¥yan15aliw 15 rK)w In a p￿tiVe and Slab￿ W5￿On lo ILx>k forward at new r4)wrtunil*S ThÈ board wll be ￿￿parry a 3 year SttyÈg* WIS￿ will Shared wth StèkÈfr¢A(*rs in *arfy 2026. We have a Staff by a eweri￿G￿j lewkt3hp leaTD. arwj uur bjatd gfiru51ees holds a w￿e rangp cf sknlls andknow￿dge, whkth continues lo ertsure a approxh atboad le¥d. I rAace my tronks an ￿C2rd to all our *aff felow I￿￿tee$ the1rcontin￿ de(Jic*N ayd over theac&eM￿ year. TrÈ trustees. repirtwas approved bythe BDard 01Tr￿ees. E L Culley Trustee 28 May 2026 RED BALLOON - NORWICH STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 31 AUGUST 2025 The trustees, wtK) are asD the direL*x5 of Red Balthi. N(v￿ch f￿the pUr￿L￿ law. at& t95po￿ts18 for prEpanTh9-￿￿ Trustees. Report 2nd tr* fir￿1¢￿￿ Slate￿￿lS In accor￿￿ wth ap￿￿12 lav4 aThJ Uniteé Kin9dom Accounlin9 Standards lun1￿ GBneraly Accepted ACC(￿ntIng p￿11¢•). Company requires the I￿SteeS lo ple￿re fn3ncal staleThents finan(Jal year%¥hth 9ive a true lair wew of Ihe 51alp of afairs of ITe chanty and of ihe TE50Lwces and of re￿Irt￿$, including the irFCOrn* ènd expendiwre, of the ¢hwitabk ¢crfnpanyfor IW year. In wep¥ing these finar¢￿1 $￿tements. th8 are reqwred ts) - select suitable ￿0Until¥j atKI then awty therTr wnsisienly. -rA)SÈTVÈ IhÈ melht*Jsand In C*ati¢*S SORP." - ￿￿kejUd￿Menl5 snd esknrnaie51FHI reasotth and prL¥J8nL" - stale whether applicab￿ UKAccountirvJ Slahlarts ha* been folkyl￿d. Sub￿ to any rnatenal departures di£c105ed and explained In the financol stslements". ar - Nepare the financial slatements on Ihe go￿ basis unless il is to presum8 Ihat the charity Mll continue in operalion. trustees are res￿n￿b￿ for a(lequale a￿A)unti￿J rec￿￿5 thard￿￿OSe￿th rea￿)nable al any bme the finartyal P￿11￿￿ of thè tharity pf&bl@ ￿Th￿rÈ Ihat th8 [nar￿ tompty ￿￿1 the Comp*M8g Act 2LNb. TTr2y also reswnsible for safe4u3r(*ng the assets oflnE cJ• ar#1 fr*n￿ lorta￿TrY Teasonable 5tep5 for Ihe prevent￿￿ 8nd deie¢tion ¢f fr8ud and itre9u181ileS RED BALLOON - NORWICH INDEPENDENT AUDITOlfS REPORT TO THE TRUSTEES OF RED BALLOON _ NORWICH lon We have aLKJrted the fillanC￿l Slatemenls of Red Balwn- Ithe'charity'lfor the year end2d 31 Au￿st ￿25 wh￿h cornpriso th& statBrnon" of financ￿1 actvibos. b&lancg Stat8[[￿o[CaStt fiDWS and nutos tD thB financ￿1 statetnÈnts, including sgnffjrant accounting tyAKie5. The finaryaai fr¥rpw¢Mk that has been applEd In Ihpir pr8p3ralv)n 15 law Unrfgj s￿[￿jardS. IDL4Jding Fitkino4 RBPQttsng Siandard 102 The Finan￿al Reporting siantsrd app*￿tsIe in the UK afidReW￿ (Untec lQry(k)m GenerallyAccepled AccDuntirvJ pr*￿e). In ￿r0E￿￿K￿, the StalP￿￿ts". give a true and fair vi&Y ol the state ot ￿ett￿ritaL￿e ujrnpanls atrdirs as * 31 August 2D25 and of its InLxJrning resour￿5 and ap￿￿a￿(r d re￿)Ur￿ for tt￿ year £￿ed". have bew pr(p￿Y prepaw in acc(KiJarKe ¥Ath Unw Kirod¢Mn Gervally Arrept*l knunlw Pract￿.. have been in ￿￿￿anCe %Yith thfy requywnentsoflhe c￿pan￿ Act 2(￿ asis lor opinion We conducted our aud* In ac￿rd￿￿ lThternaih)n31Slandard5￿ Auditiw IUKI IISA5 IUKlland app&ratrle13w. Our resFx>wblibes ￿d￿r those slarKlards are futyw de￿nbeC in tye A¢￿01Sre4J(￿￿lwh￿s forlheaijthtoflhe linancial sraleffienls sethon ofixjr rewt. We are i￿￿￿ent otthe charty in accordynce *ith the eknKxI req￿re1￿2?￿ that are relevant lo a￿rt ofthp financial slateTnents In tre UK. ir*I￿j￿9thB FRC'S Elh￿31 Slandard. and WÈ have fufilled other *tTh¢a responsiblil*S in attordan¢8 wlh t￿$6 requirements. W• Ihal Ihtr audil evidenc6 sv& havoobiain*d is SUffic￿nt arKI appropn2-.e to provide a bas￿ tor ¢wropin￿n. Con¢luslons relolSng to golng ¢on¢em Ir aud￿ng the financial statements. ¥ve have ￿￿ded that ￿ trustees, use oflhe go1r0￿￿rn basis of in Ihe pr¶iM)n of the finartiai Stslempni8 ￿ approwale. Based on we have perfrymed. ￿ We hlentified any materi4 U￿ta￿ r*tirvJ to evg7ts CK conditic￿$ th8t. ¢tiwduJly or cdlpcliv6qy, Thay CJFI svJDifKanl doubl ￿ the ctwty's atslty tt> C￿b￿￿e as a gJin9 ￿￿Tr¢P[n a pprw)O of leastlwdveThonlhs Irorn when the financ￿1 staierrb2nts are authoriS￿l tor Issue. OJr [pspan￿bI1￿8s the rF5P0[￿blI1leS ol thp trustee5 with ID g(¥TrJ Co[￿r￿ ￿ deK￿bal in the t8lpvanl sections of th15 reput. other Information TTre other lrforfflal￿n (x)mwI￿ Inf0rrTrHt￿ indLMled in anrwal reFx)riother than the financi41 statsments and our audilofs report Ihereon. The trustee5 are resP￿SIt￿e forlhe otrer infrxtnatim ￿￿ta￿ed ￿itt￿n thp annual ieport. winiDn Om the finaThJal statements the$ ml ctr*r otrw info'ma".KJ* and ¢0 noiexpress anyfomi of ￿Urance ts)n¢lus Ihweon Oui responsibility Is 10 read the othty- iplmb(m wd. in dty-g $0, c¢nsidervJhethe* the olh¥ Informalhw Is mateiially Ir￿SIstenI with ts financial stat￿￿ts or kn￿edqe DbtE4ned in the ￿knr5e olthe audit. or othEYWi5e appears to be materially misslaw If ¥¥e Kknf.ify s￿h Mat￿la irws ste-wor arvarenl Mat￿la1 fflisslatemen15, we ar8 required lo determine whetherlhisgwe5 to a matenal rDi5stalernenl in the slalem2nls thetnsdves. If, based on the WO￿ we h8ve pertorff*d. * ￿dvdeth8lthe￿ is E m8ien81 ttiss*emer¢ ofthÉ infryrnètitr), we 8re required 10 port that fact. We have ndhing to report In th￿ regdrd. Alatter6 on which we awv wu￿ed to repL¥t by eXC￿lL We have ndhing lo report In reycl of the Iclb)wTrJ malers in ￿latI?n tothk* ￿ Charites lAc￿nts or￿ Rep)rtsl RegUlat￿nS 2D08 18qures us to rewrtto if. in Our (ywn.. )e infomiabon gven In the financial $tsten￿)ts IS any m*iai respect witt) the trustees, rep￿". sufficEnt accounbry recoi4Ys have not kept.. the f￿3ncjal State￿entS are in ag￿[nent wthlhe ￿XX)Un￿[wJ rp(xKds" o" we have not receNed ail the1nf(Thakn￿ and expla￿tIonS￿E wuiretorour aud RED BALLOON - NORWICH INDEPENDENT AUDITOlfS REPORT (CONTINUED TO THE TRUSTEES OF RED BALLOON _ NORWICH RosprJnsiblitio$ of trust¢•s A5 exrAained ful y Ir the State￿￿1 of Iruslees. rEs￿[￿￿lties. thettustee5. are aso the d 18Ctors ofthe chanty for th& purpusg of COTpany1sw. aro tho FrQP3rdl￿n ofthB fnanEia statGrngnts arKI for bBing satisfigd thal Ihoy give a t￿e fa r VEW, and ftrsuth inlptna as the trustes delerTnine 15 [￿$Sary to eftab￿ the prep3ralion of finaTrc4al sta1￿￿￿￿151￿l arE r'ee frotn 55late￿￿1. whFI er due lo fra￿ orettcr. In ptppanng tre financial ststements, the trustees are reswsible fo. assess ry Ip£ charitys a￿lItyt0 ￿lIn￿2 as a gcAng concern. dIsc￿ry. as ap￿iCats￿, rnattets rdaled lo grf￿n9 Conc￿ uswg the cOn￿rn bassofaccwnlrg U￿e5sthe Irusteesether intend to Iv4uidate Ihe chartlable c£vnpany orto cease LW8'atiDns. or have w reah5tK amernative bul to do 50 Audilofs respoThsibilllies for the aLKliiof the financial slaternerts We have b*n appointed as audiltt under 144 oltre ChariDes AL1 2011 and rerth in accordan￿ the Ad and rele¥ant regulalKJns made bwng effect IbereuThler. rob18cli￿ are to obtain rea$￿at￿a$su￿Ce abwl wfthefthe $￿eMen1$ asa wh¢48 afe tr* fnm matsdal misstalerrETrt, whetherdue-.ofraud or error. and lo issue an a￿lIa￿S reFth tw I￿￿ES￿r opi•ion Reasonab￿ assuran￿ a high level orass￿an￿ but mt a gUar￿tee lha(￿ a￿lI..£0Pd￿1ed ir acconlanTr xryth ISAS IUKI will alway5 detect È tnaterial n155tatetnent It ex15ts. Mi55taietneits can a75e f7xn ftaiK orenDr cOn￿dEred Thaterial If, Indi￿d￿allY r in thp aggregate. theyc¢xJld reès¢MwW t* Èxpeded tt> wrfuen(* deCiSiOnS ofusets taken on basis of these financial statem¥nls. Thp exienl ID our pr￿edu￿ are cApa￿e ofdetechrvJ iwrpgularii*5, In￿dI[¥j fraud. 15 detaled bpkrw. Identifylng and assesslng potential rlsks related to Iwul¥llks Ip Idfrnblying and ¥sses&rE ii$ks ol m81enal ￿lS$law￿l1 In 18Stwt of iwkgrthes. i￿ll￿WI0 fraud 8rvJ nOn￿Mphan¢8 with la￿￿ and regJlalK)ns, we considered the -enquirng of rnanagement. including oblaiTWTry and ievKMirvJ supwtiry d￿￿en1th￿ totKpming companys PDIIGES 8nd p￿cedUreS [da￿TrY to". . dpnlifwng, evaluabng and with kn atvj rE￿￿11(￿￿ atKI trwwpre a¥￿e (rfarry instaT￿￿5 Df nOn-¢oMpli8n￿', -de'.ethng ra5p(xbJing lo the fraxl al￿ Ihey h￿$ k[￿ge0f3￿Y a￿￿1. suspecled or allege(J frau¢ - the inlema contro15 established lo Mit￿ale Dsks re￿Ied lo fraud 0[r￿-CO￿plIan￿ ￿ryth law6 at* regulatK)YS," -dis¢us*ry the tr79aweni ie8m aNJ whereftaL*I mKJhl OCCJJr in the f￿anCial stsiements and 8ny pctrnlial dKalot5 01 fraA. . (training ￿ understandiry oftrt I￿ arrflregubirxy frame*th that tre rxmpaThy ortrales In. those laws and regulalions th81 had a ¢ired eYe¢t on the f￿￿al s'.alefftents rK that h¥1 a'urfamen&l effeci w the operabws o. the conpanies. The key lavjs and reg￿at￿nS In c￿rteXt IT￿￿ed the CoMpan￿S Act 2W6. lax I￿lsIal￿n. and laws sptcth¢ally awlicatle ￿ Seth In wthichlhè Ba7.￿0 Cuwrent assets Debiors Cash at barth and 17 ha 15 87.LK13 388.574 771.953 566.123 Crtrditorn." amOLm￿S1¥lI1rtg wthin onè year 17 1703.0151 1484,8091 t ¢urrenl8ss•ts 68.938 101.314 Total asset5 less cuThent liabilit 866,738 908.814 Credltors.. amaL￿ts falllng thje aftermore Ihan one year 18 1343.9441 1334.5411 NEt assets 522.794 574.273 Thè #f charity Resthcted i1￿me fvn(k Unrestrickd fund5 19.63S )3.159 30.￿0 544.273 21 522.794 574.273 Tr*se fina￿81 stat8rn8nts have prepated 41 *¢￿￿9n¢¥ wilh Ih8 w)vtsiorsapr4rabla io crnparwes to lh8 snall ccmpanies The financ￿1 Slate￿￿￿ts apwoved by ts ttustee5 28 May 2026 E L Cul*y Tnrntee Cowany registratitMT Th1mbera￿s4446 (EngL4nd a[￿ vla￿5) RED BALLOON - NORWICH STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Cash flowsfrom ope￿￿fig act￿ltIeS $27.935 137.629 Invèsting aCtiviiio8 PLJrchase of tangl￿e filed assets Investment racfjiv8d 129.1721 {127.18GI 493 Nat ¢a8h used in investing actiiTrti•s 128.5131 1126,6931 Financing ￿￿￿tIeS Repayment of b¥nk1¢8ns 18.7831 18.3201 t ¢8sh u$od In Ilnan¢lng a¢Y¥lYes IB.7831 18,32UI Net inGrva¥e in cash cash equ￿alEntS 490.639 2.616 Cash and cash equivalents at beginning of 177.549 174.933 Cash ond cash equiv*en¢s at ond of y 668,188 177.549 Relat￿g to.. Cash at barl( and WT hat Bank overdrafts i[KIL￿ed in GredittTh paydtAe within onfy year 177.S¢9 116.7621 12- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 A￿￿￿￿tIng pol￿185 Charity inlormBtiD Red Balloon- Norwich 15 a wivate c(MipaYy limited by guafantee ￿{x)r[￿K8ted In ErylaThl WaÈs. The regi51ered offKe ￿ 289 Ordvion Ri>ao. Nor%YK*. N113 2PW. 1.1 Basi? of prepara¢ion Tho financial s".aiomBnts ifb a(**rdaThts￿7Ih Ihè I*￿1￿%￿¥&M1fiu documtsni. Ihts Compani&g Act 2006, FRS 102'Thtr Fin8n¢al Rer￿tir9 $￿idarI a￿*8b1t inthÈ UK atKJ Rewtlic of Ireb￿. and Charrt*s SORP-AccounliDg and ReFQtbng by Cnantss." (4 aPp1Kab￿ lo chaDlie5 PtEparing r accounts In aCcOpdan￿ with the Fina￿14 Rewrtrg ￿ard ap￿rable in UK and Repu￿￿ of I'dand IFR5 1021.. The cha￿ty ￿ a Publi£ BenefiL Enbty as defined by FRS 102. The financisl Stslements are prepared n sterfirvJ. vthich is Ihe Iuncffi￿aI currerLyollhe ch3rity. Monetaryamounts r lheseffi￿c￿l slatpm￿t5 ¥e r{￿￿ed io Ihe nvarest£. The finan¢ial Y.*ements have been prep¥ed u￿81the hisK￿¢¥ coa ￿ven￿Th. The ￿n¢4)01 a￿D11r9 polaes 8dwled art sei out bek)w. 1.2 Going concem Al IhE Iirne ofsppwTrJ Iha finarKJ81 stsiwDBnis. IhB IwElfjes ha¥8 a thal ha$ adequate resources lo continue In operatioial e￿stenCe lor the foreseeknle future. Thus the INslees fA)ntyn￿ lo al(yt e going ￿rreffl ba95 013ccountirvJ n prepanry Ihe frnarKkg1 *atements 1.3 Charitable lunth Unrestricled lund5 use * tIE oflbe tr￿tee$ In fvrtherartr oftheirdwiit8Ne objectives. RestrUed lunds *È sul'ecllo SpÈtsfic¢*Th￿10rt$ by oTgY*rtets as 10 htrwthey may bÈ used. The wwosès and uses r¥sv￿ed funds 8r8 *".Wl in the noies ￿ th8 fm8ntsal stsMi8nts. E￿O￿￿P￿trUThds are sut￿ to Spea￿ 1x)t￿lI￿ by (k)rt￿$ thatthe capital rvust bÈ maintained by the tharity. 1.4 Incom• ITKorne is recognised when the charity Is legalty entided kn it aftw any ￿rforManCe u>tKlition5 have been mel. the amwnts w be measured reliabty. ar￿ it Is p'thbk thal In¢(m)e be rece￿. CashdcmaticAlS a￿ rwised ra*pt. Other ae recxgiised Can￿ the th¥ity been ol the donaton. unless perforMa￿e cotKlibons requye ￿ferra oftre anN￿nL Inco￿ e tax reu>veraW In relation to donations rec￿Th￿ under &ft or deeds of covenaTht is rewised al tre ollheikjnakn. Lega(ies are rec(wJnised ￿ rewbl or ￿ Il the d￿lIty ho5 been tKJbfvJ ol Bn ImpEnding di51ribulion, the amwnt Is known. aid r￿1p1 IS expecte(i. Ifthe amount Is kn￿￿. lh2 Wcy is Irea'AI as a conlingenl asset. 13- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting pol￿•e$ Icontinuedl .5 Expernditure Ixpendilure Is r&ognised 1￿Ce1here 15a legal or(ThstTwXwe oblvJabonto tratthecA)nomic benefrttoa third party, rt 1$ wth¥bl& thai a ItanSf*rof￿rth￿ bènafiis ba required ifi str1ty8ff￿I. tho amounl of tnè obiKJaiion Can t meagjred ￿ly￿blY. EXpFndltu￿ i¥ das5ifpU by xtyvity. Ttrp (x* x*vtyare tn* ￿P01t1&P ofdirertwsts at¥J 5hare(I rosls. including suptx)rt(x)sts involved in urKlprtaking eath thty. Dve(* a)5ts at1[*xrtab￿ to a athvity are allocated direciiy 10 that admty. Shaw costs C￿tri)Jte to mNe than one *iVity 8nd ?uprotf>)sis vJhK* è¢ not allribblabk to ¥ a¢tM'.y ar& apr*)liwthJ betw Ilw *iviJ&s omsisiwl vJlh lie useof r8sourc*8 Central stsff costs are akncated OTh the b￿S of'Lime S￿t. a￿1 de[￿￿￿*￿ tharges are ￿￿cated on pOrt￿n c>fthe assw.'s use. 1.6 Tangiwg fixed assets Tangible fixed ass81s *8 iniiaty n*asured al cosl aThJ >Jbsequerfy mÈasur8d at¢ost orvalualon, ol d8prtdalion and any impairrrEnt losses. Ovyrwaiui ij iu¢oyntsed >0 as ty> vnil¥ t￿[ Ltyl UwiT ltt¥duai valutrs lfvii uselul Iwes on the fdkmiw bases". Free￿￿ lar￿ ar￿ ￿Ik*"n9$ FLMtures and filt￿g$ CDmputt 0-10% ￿ ¢osr 2Q% ￿ o)sr 33% ffi (J)st The gain or ioss ar￿￿¥￿ on oran assd tsdetÈrmiwJ as thediffererte bèt**tn the salè procè8ds and the carryhg value ofthe asset. aThl is in stsiem*xolfinwcial *ivilies. 1.7 Impawmenr asse Al Èach reportwig end daip, the ¢haiityTewews i*e £*rwry atTh)&* of(ts tsrp)'blÈ assets to dÈknir* whÈther IherÈ IS a7y ndicaiion Lhal lh￿ ¥ss*s havÈ suff8r8d w Imparmtr)l knss. If aiy such i￿1¢ati￿) aKists, the r8coveiab arnount of the a￿t IS e5tirnated in i>rder lodetermine the ex￿nI of thp imwrmern k)55 anyi. 1.8 Cash and cash equivalents Cash Cash ￿[ValentS Ir￿ude rash ITr hand. de[￿lS atcall baf*s. other short-te"m IiquKI Inve5trnents wilh ongn81 m8fvril*S ortrrfee n￿￿sor kss. •7d b8nk Overd￿ftS. Ba￿ ovttdrafts a￿ shO￿fft hTrnlhin tOYOVrfin9s In current liabilibes. 1.9 Flnanclal instrum•nts The tharily has to apply the ptWsKms of SeG￿[￿ 11 InstTwvents' ar￿ S8Glion 12'0ther Financial Inslrnments Issues of FRS 102 tfs dl of ts irtstruments. Financial inStruTh￿nts rwisad in the chatitys balar￿@ shB81 lh8 tharity be￿[[￿ party to th@￿￿tractU ￿rDy￿￿TIs of thp insttumpnt Financial assetsand labilit￿aT oYseL. 4%ilh the ret arrthnts rKEsenw ￿ the finarKial staiemefjts. when Ihere Is a legal￿enfO[￿3tr1e right to set off Ihe recogn￿￿ an0UnLsa￿ the￿ i% ar) intentiw. to setde ona net basis orto real￿e Ihe asset and settl8 the Iiablity sWnuttaneD￿ty. 14- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting pol￿•e$ Icontinuedl Baarc )Sn•nclal •s*ets Bas￿ financial assets. ir￿￿le debt(￿ bank balan￿. are inthally measured at tranSaCt￿TI pri including Iransadth ￿$1S and are $utwueniyi*med al tX61 L￿[¥d ifre inlernst metiod unlo¥s Ihe arra￿emer1 cwsinufrsa fiiarory tr￿Sa￿l￿, trt transaaw i8 measure(l at tre rKesen". value ol the future receipts discwnted ata rnarket rate of interESt. Finaml 85sets cL4ssified aSrec￿¥3b￿ within one yearare not rnottispd. BasK liabKNlie5 BasK financial liabiliknes. Irc1￿11￿9 c[edit￿5 apd baT* k>ans are initialty attrar53ction unles5 Ihe arraw$m￿l ¢￿S￿luteS 8 financirp) Nthere tr.e de)1 instrumwi measur8d ai the pres￿1 vaue of the fuiure payrnentsdiscoUn￿ at a market rate of inleresL Final￿la1 Ikthlities cL4ssified as payable within one ye& are not amoybsed. Debl instsumenLF are Subsequ￿tty carr￿d alarrKxl￿￿j usiny IhEeffkn interest rate ￿t￿￿J. Trade cr9di1￿$ are otllgat￿rn$ lo kwy 9¢￿sOrSe[¥￿es ttave been awuire¢ (Kdinary wurst ol operaions suppliers. Amounts ￿lab￿ are cbsylied as I￿￿￿￿tieS If ￿￿ment is due Within year or less. If not, they are presented as nOn￿￿ent l ablitEs. TFae CfeCit0￿ are [￿n￿l Initialty al tr￿SaCtion priTr 8nd subsequently rneasured at atrKrtsgJ oJst ￿e effeL*Ne I￿tereSt tnettrKd. Der*¢ognllkn of nnwKlalllabyltt Financial lthilthes are derecognised V&then th3rity"s cor*r*ual ￿lgat￿￿s expre orare distharged LY￿￿1￿￿. 1.10 Empk)yÈtr The cost of any unused entiuefflenl 15 rK(yJntsaJ in the petKxl in*thich Ihe Qwy￿sSer￿￿saE re￿1Ve￿. Terrnww￿￿ benefits are recogn￿ YDrnediatelyas an exper￿ the d￿rity ￿ de[t￿Stra)ty cortwnifed to tetrninate ts e[W[￿ent d an (¥tQ PTuvvJe Iewrnnab￿ bBTr8fits. Cash genèrnt•d from OP¢thions 2025 2024 IDefnty¥uW￿ br the year 151.4791 93.284 AdlustsnÈnts for. Invesbmeni ir￿rne recognised in Stslew￿of￿fft￿c1* aciiviles CDSI adjustment to L￿r￿￿le fixed assets Depreoalion and inyirrrefil of lawt* fix￿ 85sets 16591 8.805 30.067 14931 20.485 vomants In worklng ¢apllal: Decreasellincr&sel n debtors I￿rease in creditor5 IrKrpase in defe￿e￿ 301.571 60.348 179282 1375,41DI 36.204 364.459 Cash 9gn•rdtad frorn oporatirrf 527.935 137.629 15- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 Criti￿1 a¢counling *stsm*s and j¥d9wngnts In the 8pplic4lion ofthe chgrity's 8CCCWtiry WI￿¢$. th¢ l-Jslees 8re requ?red lo mJke iudgeM¢nts. cstipiptes •pd assumplw)ns aboul Ihe carrying amurtofassets 3nd l al*ilies thai are fM)t r￿llY appar￿.. from other s￿r*S T esthThates and asSOC￿tell assumpt￿nS￿e based on bLStorira evvle￿e￿d otlwtactors that are (X>nSthr￿ io be rde¥8ni. Aeiuèl resutts maydrffer fromtheseesbtnatÈs Thp p%ttmalp.s and ijrylptyryj wp. rpv*¥erf nn an ￿$1% RpviRins In Armjnhrrfj ￿￿MarPS a￿. recconised in ￿e period in ¥Jhich the esiimaie is whwe itrt revtson aff¥is Mly Ihal p¥itrJ. or in the reriod of Ihe revisx)n wture per￿S Whe￿ Ihe revision altects curyent tulure period5. kncome from and 1oua¢lo$ TLtsI Restriclvd lunds lunds 202 2024 Tgtal funds 2025 2025 2025 2024 DonalK)ns arml glts Grants 7.573 610 7.573 37.649 7.783 7.783 28.05B 37.039 28,058 8.183 37.039 45.222 7.783 28,058 35.841 corne from chantthe acbvilies Unrestricted funds Unre5tsictèd nds 2025 2024 Education Tuition fees OthwinttThe 1.319.733 1.295 929.867 1.321.028 929.867 com• from inveJbn•b Un￿strICted Unre$tri¢teil fuTrds fvnd5 2025 2024 Interest rpteiyatge 659 493 16- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 ExP￿dItYr• on raising fvnd$ UnvEytricted UnrestrictEd fund5 nd5 2025 Funthai5ing and publicty OlherfundraiSITh9 Costs ExP￿di￿re oth ¢h•ritabloathvilias E￿ratIOn E￿¢￿tion 2025 Dlro¢t¢osts Staff costs Deprecialion and I￿Pain7￿1 S￿dent expense5 Lesson re50urc&s )7.101 30.IM57 235.949 11.635 5.921 13.1g) 19.947 113.992 31.167 65 14.342 1.338 512.W 20.485 144.fho 10.253 3.043 21,464 17. 64.144 35.545 $25 14.073 134 378 In5peGtion Ix)5ts F(x)d and housekeeping Off￿e a¢rnin1$tr￿ Pr￿￿￿eS cos IT costs Bank charges Staff etssts Trawd Trustee expenses 1.384.943 843.2Y Share ol support and wvernance costs Isee note 101 Support 28.945 4.5(N) 28.258 1.418.388 872.112 Anatysls by fund lJnd$ ReslrLied funds 1.400.984 17.404 645.054 27.058 1.418.388 872.112 Mot movemont in lunds 2025 2024 Thg nel rno¥em8n¢in fun08 Is stsl8(l after charg1w1lu￿Itiryj'. Fees payable for ttTe awil dlhe thariiW5 f￿a[￿al stat￿ents DeprerialiDn of (r￿ed 13ngkle frAed assets 4.5(K) 30,067 20.485 17- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 10 suppwt ¢ost$ alloGo¢gd lo a¢tsvbt*s 2025 2024 Professiona seryices Re¢ Balloun NalK*al Annual Ltsvy Mmwe inlere Govemarte cosis 15,150 8.659 13.795 18.932 33,445 28.858 Anatysed b8twq8n'. Ecuc4iion 33.445 28.858 2025 2024 GoY8rnan¢e costs ¢ompth8: Audit￿ Indep￿￿ent exaTinabon fees 11 Trustees None of the trustees lor any pEr￿S co[w￿ClEd IhBmi re￿Ned any TeTDun?ration ur ￿nefitS froyn the Eharity during the year. 12 EMplO￿t9 The rn¢J)tNy rvJmber of duriNJ the year *os'. 2025 NU￿ber Mumbvi 32 EmplrJymQnt¢￿ts 2025 Wage5 and 53kprps X17.101 512. Remunera11(￿ of *ey manawmont wtsonn81 The retwneration of key rnan&geMentpe￿Ynnd was folkAty3." 2025 59.369 s2,(￿3 18- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 T•xatson Th¢ cherity 18 cxenw fromtsxa1h￿ acbvibty bcuusc 811 rts ￿COrne ￿ Op￿￿dfOr ch8rit8blc PL￿￿8 14 Tanglble flxed assets Comput•rs T1￿1 frttir4s Cost At 1 Septen*tr2024 AdditbJns Disprtsa5 773.595 13.346 13.5591 61.6 2.713 15531 31,841 13,113 14.6931 867. 29.172 18,8051 At 31 ￿U512025 783. 63.W20 40,261 887.463 D¢pr￿l•ll0￿ and 1mpaiffl￿t At I September 2024 DepreciatlDn in ItrEyeBr 13.520 14.924 42.196 4.596 59.595 30.(67 10,547 At 31 Augu512025 28.H4 46.792 14,427 89.E63 Carryin9 amowrt At 31 August 2025 754.938 17.028 797.W At 31 August 2a24 76C.075 19.464 27,961 BOT.￿0 1S Debtors 2025 2024 Amounts falling due wbthin one ye*. Tiad8 dÈbltrS Pr•p8ym6nts and accr￿ IrK( 74.837 12.166 378.706 9.868 87.003 388.574 16 L￿￿￿5 and Dverthaft 2025 2024 Bank Dverdrafts Bank k)8n5 16.7V2 353.048 361.831 369.810 361.831 Payable %Yithin c￿e year Payawa aflerone yèar 25.866 343.944 27.290 334.541 19- RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 Loans and Icontinuedl Th¢ loan • rnorr98gel ks se¢urcd by alyl ¢hgr5c ovcrthcfreehold propexty by Ihc aritm 17 Crèditors". tsllingdL*withiil i)Iltr y 202S 2024 Mote5 Bank k)ans and o¥erdraft5 16 25,866 119.39J 3.741 5.3 3.33B 5281 27.29) 10.056 3fj4.459 53.140 4.552 5.312 Other laKatK?n aiid soci3 5￿jrIty Deferred i￿(￿r Trade ¢r&Yilors Othercredit(Ys Accru315 19 703,015 464.eJ)9 18 ¢rgdltrys'. amoynts falllngdu• aft*rnborn than y 2025 2024 Bank bans 16 343.944 334.541 19 Deferred incorne 2025 2024 Orherdefeffed 543.741 364.459 Daf8ff*d inc¢mèi¥ indudèd in firrdnEièl 8tslemert8 as fc4k)ws". 2025 2024 Deferred income 15 n￿ded Within". Current l￿bIl￿e5 543,741 364.459 Movements in the year.. Deferred income al 1 Sejlernber 2024 Released fron pre￿(￿15 ReS(￿r¢*&d*[erfed In the y8ar 364,459 1384.4591 543.141 364.459 Deferred InrA￿ at 31 ALNJUSt 2025 543,741 364.459 RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 20 R*strd041 fvnd¥ Th¢ retlncted fundsoflhe therity tsynprise th¢ ur¢xperhYed baL9n¢￿et¢WOtl￿$end hdd on trus1 subject to SP8ufic Condit￿￿$ 8$ to they rnay be ￿￿. Tran$l8rs At 31 Augu$t 202S L￿CYfUnd PupNI Preffliutn and Ever6 FSM fvnd Cabin fLrd Teachets Pensth furMI 130,rthi 16.404 (16.4041 11.0(Kll 19.635 I9.￿5 37.039 117.4041 13Q.(K)01 19.635 Pvevious year.. At 1 SepknbEr Incorning Re50urc TThnsfers At 31 August 2024 Legaw fund Pupl Premium and Ever0 Fskl fvnd EducaliDll Heallh Car8 plan 5Upw￿ fu Cowd rec4)very fund Travd support fw Cabin r￿d 30.WO 10.040 110.0401 11.2WI 15.318 11.LX)01 28.058 12T.0581 11.WOI 30.wo During Ihe ye¥, the tN)8rd d trustees reviewed the h ￿0￿¥1 and fourd th81 Ihe fund was C￿•1£￿ by a forrner trustee to fund futdre proFwty develowrenl workratt￿r than [￿e c4arityactually re￿vI￿O reslncted ndhng Itwas therefore awd bythe board tOiransferthis£30.1)(K) frorn restric1￿ lund5 to designated tunds. 21 RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 21 Unres¢ri¢tod fvnds Th¢ Lr(e8lricl¢d funds chorty¢¢nwse t*e uncxpc*Y bal?ncesoldonatiofis gronts which orc rol 3ubiecl to sFwfic condi10￿ by ￿￿Or$ and tyant0￿ as t¢ ￿ Ilw These itxjude designaW funds which h8¥8 been Set askle of unreskncted luryls by Ihe trustee5 tor PUTrA75es. At 1 Sepknber 2024 kncoming Resource5 Transfers At 31 August 2025 Lega(¥ Genwal funds 30,OCrf) 30.￿0 473.159 544.273 1.329.870 11.4CQ.9841 $44.273 l.i￿.870 I1.4￿>.984) .ot 503.159 Pv4viOug ￿#r.. At1SWb eoming Trangfèys At 31 Auougt 2024 GenwJ funds 938.143 1845.8591 1.0 544.273 Arbatysls of net assets botween fund5 Total fvfft41$ 2025 2025 2025 At 31 August 2025= Tangible assets Current assetsll1o￿l￿egI Long iemi li8￿11¢￿5 797.8 49,303 1343.9441 797.WXI 68. 1343,9441 19.835 Y)3.159 19,635 522.794 UM*strlth R*5trkt¢d funds 2024 Total 2024 2024 At 31 August 21J24= Tangible 3S5els Current as$etslllot¥ithesl Lorg Iiabiliies 807.5 71.314 1334.5411 807.500 101.314 1334,5411 30.oc 544.273 30.0(M) 574.273 RED BALLOON - NORWICH NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 23 Opor4¢ing 104sg¢rJrnrni¢rngnts Lessee Al the rep(Ktsry d*e Ihe bal outstandry corThmitwt5 ts ff￿1re M￿lM￿n Sease p8yments under notKancellableopwalitvJ kases. fall due a5 fDIuws". 2025 2024 Wthin year 22.0 party twall8￿li￿ns Transactlons with related parties During the ye¥lhe charity entere(J 1Trtothef￿kn￿￿g trans￿￿￿ With rd3t8d Par￿.. Iwry Thyme Ltrt. a t￿￿partY itt Ben (tr￿) IS a ditÈctorol, Inv¢Ated the diarty £13.695 for b(wJkkeFping se￿￿5. £1.640 vrdS(UtskndiwwJ al thF yearotwj. Lirnduht Th¥tre Cornpanya￿ LI￿￿¥￿rt StudiOS (NOrw￿h) Ltd. which Zelda Rclfe (In￿￿) E¢)wner diredor, were paid £42.863 for stL¥lio rent and das5es. There was balatKe OL15ta￿1n9 al the year ￿d. The Inspirabon Trust. a charity Emma C￿leY ltrusteel is 8 govemor, were (*ar9ed £3 ￿3 by Red Baloon- Norwrh for luilKn fees. £3.W3 ￿tslandIng * the year￿. -23- This document was deliN'ered usillg electronic communications and authenticated in accordance with the r¢gistrar'8 iulc% relating to clcctronic fomi, authcnticatior and manncr of dclivcry undcr gcction 1072 of the Compani¢s Act ?006.