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← Blue Smile Project

2025-07-31-accounts

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

COMPANY REGISTRATION NUMBER: 07411348 CHARITY REGISTRATION NUMBER: 1139279

Blue Smile Project

Company Limited by Guarantee Unaudited independently examined financial statements

31 July 2025

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Financial statements

Year ended 31 July 2025

Page
Trustees' annual report 1
Independent examiner's report to the trustees 16
Statement of financial activities (including income and expenditure account) 17
Balance sheet 18
Statement of cash flows 19
Notes to the financial statements 20

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Trustees' annual report

Year ended 31 July 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2025.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Companies Act 2006 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 published in October 2019.

A letter from the chair of trustees

Blue Smile continues to offer much-valued support for primary-age children through focused art and play therapy. The need for such support is more pressing than ever. We know from the stories we hear from children, parents, carers and teachers that the work Blue Smile does transforms children's lives and their ability to flourish and learn. We also know from our data and evaluation over 15 years of the charity's operation that what we do works.

While the evolving landscape has required us to adapt and make changes to the way in which we deliver services, Blue Smile remains committed to its core mission of providing high-quality, longer-term therapeutic support to the children who most need it in our region. We continue to work in close partnership with primary schools across Cambridgeshire and neighbouring counties to bring our services to children within the school environment.

This year we have significantly developed our groupwork offer, where a trained therapist works with children in small groups. The evaluation of this work shows promising results. This has enabled us to reach more children and to help children address problems at an early stage; while ensuring we can provide one-to-one support for those who need it.

We have also adapted to recognise the fact that over time, more of our services are provided by fully qualified and paid therapists rather than trainees carrying out placements with us on a voluntary basis. This is a reflection of both supply of trainees and of the increased complexity of issues and needs with which children are presenting. The work Blue Smile does is specialised, bearing in mind that a significant proportion of the children we help are either eligible for Pupil Premium, an indicator of high socio-economic need, (50% as compared to a national average of 24.6%) or on their school's Special Educational Needs register (45% as compared to a national average of 13.6%) or both (24%).

Trustees have carefully considered the financial model whereby schools contribute a proportion of the cost of Blue Smile services. We observe that making the contribution has become a more difficult decision for many schools as headteachers are managing tight budgets with many calls on those budgets. We have continued to hold down the contribution we ask from schools, meeting inflationary pressures on our own budget through the charitable contribution and of course by always having an eye to to efficiencies in delivery and back-office activities. We have also flexed our model, offering a smaller service to some schools for a smaller contribution and working with schools to ensure that we can continue to ensure we meet the needs of the most disadvantaged, as is written into our charitable objectives.

We are developing plans to extend our service to children who are unable to attend school and where possible to support them to return to school. Our evaluation shows that support from Blue Smile can help children improve their attendance at school and we want to build on this important aspect of our support.

Having explored with various commercial and academic organisations the options for digitising some of our support services, we have come to the conclusion that a digital delivery model is not the right approach at the moment for the specialist support we offer.

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Clinical quality and high standards of safeguarding are at the heart of what we do. I am grateful to the charity's Clinical and Ethics Group, and especially to those who volunteer their time on that committee, for their continued expert oversight and advice to the Board. We again held a whole-organisation training day in Sept 2024 with a focus on safeguarding for staff, volunteers and trustees. Safeguarding is on the agenda for every Board meeting, and we've been delighted to welcome Karen Glisson to the Board this year. Karen has an extensive background in Safeguarding and acts as our lead Safeguarding Trustee.

In 2025 we celebrated our 15th birthday. We held an event generously supported by Downing College for many of those who have supported and been involved with Blue Smile over its history.

As ever, I want to express our deep gratitude to all our funders and supporters. We are very fortunate to have the support of so many in our local community in Cambridgeshire and we are also extremely grateful to all the trusts and foundations who have supported us this year. Thank you to our generous individual donors and especially to our amazing Friends of Blue Smile group, who continue to fundraise and advocate tirelessly for Blue Smile. It goes without saying that we could not do our work without all of their support.

In early 2026 I will be stepping down as Chair, after more than seven years in post. It has been a privilege to chair the Board and support our amazing staff team and our volunteers. Blue Smile will always hold a special place in my heart and I wish the organisation all the best for the future.

Naomi Mallick - Chair of the Board of Trustees

A letter from the Charity Director

Blue Smile reached our 15th birthday in 2025 - an opportunity to celebrate the impact of our work and the community who make it possible. Since 2010, over 3000 children have accessed our specialist support to help them enjoy happier childhoods and build brighter futures.

Our birthday allowed us to reflect on how things have changed, and how our work has evolved.

There remains significant need for accessible, specialist mental health support across Cambridgeshire and Peterborough. Blue Smile is one of very few organisations that works with primary-age children across the region.

In and around Cambridge, Blue Smile is well known among education professionals, with an established reputation for providing excellent mental health support and a large network of qualified therapists. In north Cambridgeshire, we are not widely known and have historically struggled to find therapists to deliver services.

Together with this, we have significantly expanded our provision of psychoeducational groupwork - as a cost-effective way to reach more children with specialist support, while also making best use of a limited therapist workforce - which is now firmly embedded as one of Blue Smile's core services. With increased numbers involved, we were able to conduct a detailed evaluation of groupwork this year, showing that groups, even over the limited 6-week timeframe, had a significant positive impact for children, including those eligible for Pupil Premium and those with Special Educational Needs.

We are finding increasingly that schools are requesting a package of Blue Smile support that includes a mix of both 1-1 therapy and groupwork. To reflect this, and to help us meet our objective to reach more children in north Cambridgeshire, we took the decision in 2024-5 to restructure our Clinical Services Team, introducing two new Service Coordinator roles from October 2025 with one focused on expanding our work to reach more children in north Cambridgeshire and one supporting services in the south of the county.

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

In spite of the challenging fundraising climate, Blue Smile is in a sustainable financial position and, thanks to significant core multi-year funding from The Leathersellers Foundation, the Henry Smith Charity and the Binks Trust, has been able to invest in building our resilience over the last 3 years.

While we have not managed to secure new multi-year core costs funding to replace these major grants that are ending, and have budgeted for a deficit budget in 2025-26, we have sufficient reserves to enable this. We anticipate increases in both service and fundraising income in 2026-27 and are confident we have capacity in the team to achieve this. We are investing in support from a Fundraising Consultant to help the trustees and team develop our fundraising strategy for the next few years.

We are confident that we can successfully articulate both the needs of our beneficiaries and the benefits of our early intervention approach, together with evidence of our positive impact.

In the coming years, we will continue to offer high-quality, arts-based 1:1 therapy and groupwork in Cambridgeshire schools to improve the mental health and life chances of children, alongside expanding geographically and piloting new approaches to support children in the community.

Anne Kent-Taylor - Charity Director

Reference and administrative details

Registered charity name Blue Smile Project Charity registration number 1139279 Company registration number 07411348 Principal office and registered 47-51 Norfolk Street office Cambridge CB1 2LD

The trustees

The trustees who served during the year and at the date of approval were as follows:

Naomi Mallick (Chair) Christopher O'Connor (Treasurer) Tania Clarke (Appointed 19/11/2024) Nicholas Froy Karen Glisson (Appointed 19/11/2024) Sarah Nolasco Hannah Buxton (Resigned 11/09/2024) Angela McKeown (Resigned 28/07/2025)

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Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

The Patron Professor Sir Simon Baron-Cohen
Charity Director Anne Kent-Taylor
Independent examiner A Robinson FCA
Lovewell Blake LLP
Chartered accountants
First Floor Suite
2 Hillside Business Park
Bury St Edmunds
IP32 7EA
Bankers The Co-operative Bank Plc
PO Box 250,
Skelmersdale
WN8 6WT
The Charity Bank Limited
Fosse House
182 High Street
Tonbridge
TN9 1BE
Solicitors Mills & Reeve LLP
Botanic House
100 Hills Road
Cambridge
CB2 1PH
Website www.bluesmile.org.uk

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Objectives and activities

Objectives:

Blue Smile's charitable objectives as set out in the Memorandum and Articles of Association are:

Vision:

A world where happier children have brighter futures.

Mission:

To transform the mental health and life chances of children across Cambridgeshire.

Public benefit statement:

The Trustees have had due regard to the guidance issued by the Charity Commission on public benefit. The charity offers subsidised services to schools and works hard to ensure that the contribution it asks schools to make is fair and proportionate in the context of our aim to reach as many beneficiaries as possible, with a focus on those who face the most disadvantage. Of the children referred to the one-to-one service in the reporting year 50% were eligible for Pupil Premium indicating high socio-economic need (national average: 24.6%); 45% were on their school's Special Educational Needs register (national average: 13.6%); 24% were both eligible for Pupil Premium and had Special Educational Needs.

The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011.

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Achievements and performance

Providing a clinical service in Partner Schools

Blue Smile provides arts-based therapy and mentoring in Partner Schools in Cambridge to children aged 3- 13. A Blue Smile team, led by our School Clinical Lead for that school, goes into each Partner School on the school's 'Blue Smile Day' each week in term time. Partner Schools also act as our training and development hubs, providing clinical placements for trainee therapists who undertake their placements alongside the qualified therapists who work for us in Blue Smile schools.

We provide intensive one-to-one, long-term therapy (generally weekly in term-time for 20 weeks). Where Partner Schools contribute to a full service, we offer one to one support for 12-16 children per week in termtime; we have offered a smaller service in one school this year.

In addition, we provide support in the form of an offer tailored to each school including assemblies, psychoeducational groups for children, advice for parents, and formal and informal support for school staff. The approach is a 'whole school' and 'whole family' approach, recognising that where children need support there may be wider family issues in play and that support may be needed across the wider school community too.

In 2024/25 we worked in 9 Partner Schools providing one to one therapy for 230 children across those schools. Those schools were: Arbury Primary School, The Grove Primary School, Histon and Impington Brook Primary School, Orchard Park Community Primary School, The Galfrid School, Shirley Community Primary School, St Andrew's C of E Primary School in Soham, Pendragon Community Primary School in Papworth Everard, and Monkfield Park Primary School in Cambourne.

Providing clinical services in other schools

Blue Smile provides a flexible outreach service to help children in any school in Cambridgeshire and surrounding areas. This enables us to reach more children across a wider range of schools who for various reasons may not want or be able to commit to the Partner School service.

Alongside one-to-one therapy for individual children, the outreach service offers a 'menu of services' from which schools can select including psychoeducational group work and teacher mentoring.

We provided an outreach service in 22 schools in 2024/5.

Taking the Partner schools and other schools together, we provided services in 31 schools in 2024/25, as compared to 37 schools in 2023/24.

One-to-one and groupwork - more detail

Our therapists delivered 3938 1-1 therapy sessions to 289 children (2023/24 - 3930 sessions for 266 children). Children who completed therapy within the year received an average of 18 weekly sessions. This is significantly longer than most services and reflects our commitment to long-term support.

138 children took part in 21 early-intervention psychoeducational groupwork programmes (2023/24: 158 children in 24 groups), equipping them with skills and knowledge to cope with emerging mental health problems. Each group was led by two qualified therapists for six weekly sessions.

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

We offered groups on four themes:

Supporting parents and teachers - more detail

Blue Smile therapists provided mentoring and advice to parents and school staff to help them better support children's emotional wellbeing. This included:

Who we helpeed

Of the 427 children aged 3-13 we supported in 2024-5

77% of those we supported with 1-1 therapy had experienced 1 or more adverse childhood experience (ACE), while 24% faced 3 or more. The most commonly reported ACEs were family breakdown/parental separation (50%), bereavement (18%), domestic abuse (17%) and parent/family mental illness (16%).

Maintaining clinical standards and supporting professional development

Clinical excellence is core to what we do at Blue Smile and we regularly review our policies and the processes we operate which focus on our clinical standards and practice. Ensuring that our workers and volunteers are well-supported in their practice and professional development is a key part of this. Through what we do we aim to make a long-term contribution to the maintenance of a skilled therapeutic workforce in our region.

Our services were delivered by 52 practitioners including 41 qualified therapists and 11 trainees (2023/24 - 63 practitioners).

To help ensure continued high quality and to promote good practice, we delivered or hosted 4 training sessions in the year to a total of 142 participants. Sessions were delivered by experts in the relevant areas and were free to Blue Smile practitioners. 98% participants felt the training enhanced their skills or understanding.

We again brought the whole Blue Smile team together, including staff, students and self-employed therapists along with Trustees, for a Blue Smile Day on a Saturday in September 2024. The day involved a range of practical training sessions delivered by senior staff and the Safeguarding Trustee.

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

We continued our Student Bursary scheme this year, awarding a bursary of £1,000 each to two Masters students doing a placement with Blue Smile, to support them to complete their training as Child and Adolescent Psychotherapists. The bursaries are designed to particularly support those who may face challenges in completing their professional training.

All the charity's practitioners received regular clinical supervision at an appropriate level and had regular management reviews to monitor progress and provide support.

The charity has comprehensive policies and procedures in place and a full set of Practice Standards, to which practitioners sign up annually. Safer recruiting methods are used for all persons working with children and they receive a full induction and regular supervision. We regularly review and update our safeguarding policy and practice and ensure that for everyone involved in the charity safeguarding is always the priority and always front of mind.

Following the resignation of our previous Safeguarding Trustee in the 23/24 year, Angela McKeown acted as Interim Lead Trustee for Safeguarding from the beginning of the 2024/25 year until November 2024 when our new Lead Trustee for Safeguarding, Karen Glisson, took over. I am grateful to Angela for her excellent stewardship during this interim period as Chair of our Clinical and Ethics Group and in taking the lead at Board in this area. We have been delighted to have Karen on board in this role since November 2024 with her significant experience in safeguarding matters.

Karen chairs our Clinical and Ethics Group which advises and reports into the Trustee Board. It comprises internal and external members and considers safeguarding data and issues alongside other clinical and ethical issues and standards. A Clinical Panel, comprising a Clinical Supervisor, the Clinical Services Manager and the Lead Trustee for Safeguarding, can be called if immediate discussion or advice on a clinical matter is required.

Evaluation and impact

Our evaluation shows Blue Smile's early intervention and prevention model to be highly effective.

It is an important feature of what we do that we work in schools, which means that we bring the service to where children are and which makes our offer much more accessible to families who may otherwise find such support difficult to access, even where they may be available outside the school setting.

Based on information gathered from parents and teachers, we record the symptoms that children are experiencing when they are referred for 1-1 therapy.

The average number of symptoms reported per child was 3.8. The top 5 symptoms in 2024-5 were the same as in 2023-4 and were as follows:

We saw a higher proportion of children than last year experiencing anger/lack of self-regulation (from 38% to 48%) and rates of anxiety increased from 32% to 36%.

68% children had a mental health problem in the "clinically diagnosable range", ie severely affecting functioning and requiring treatment, measured using the Strengths and Difficulties Questionnaire completed by parents - up from 67% in 2023-4.

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

13% of children had at least one diagnosis at start of therapy. The most common diagnoses were Autistic Spectrum Disorder, ADHD/ADD, Learning difficulties including dyslexia and Physical Disability/Chronic Health Condition.

77% of those we supported with 1-1 therapy had experienced 1 or more adverse childhood experience (ACE), while 24% faced 3 or more. The most commonly reported ACEs were family breakdown/parental separation (50%), bereavement (18%), domestic abuse (17%) and parent/family mental illness (16%). Multiple ACEs are a major risk factor for both physical and mental health difficulties through life.

We use standardised and bespoke measures to evaluate our work and regularly consider and assess evaluation in planning and developing our services. Our two core measures to evaluate our one-to-one therapy are the SDQ (Strengths and Difficulties Questionnaire) which is a widely used behavioural screening measure and a goals based Blue Smile Aims Measure (BSAM).

Of all children supported by Blue Smile in 2024/25 (one-to-one therapy and groupwork):

Of children who completed one-to-one therapy:

Of children who started in the "clinically diagnosable range", 65% made noticeable progress and 40% made a complete recovery by the end of therapy (according to Strengths and Difficulties Questionnaires completed by parents).

Quotes from feedback forms after 1-1 therapy included the following:

"I liked talking about all the goods and bads. It helped friendships and family stuff.""My anxiety has shrunk. I can manage it most of the time now and if it gets big I know that it helps to talk to someone" "(Child) is going to school more easily and staying in school more. He has begun to talk to me about how he feels" (from a parent).

Of the children who completed groupwork programmes:

Quotes from child feedback forms after groupwork include the following:

"It has helped me express myself and stop thinking so much about my worries""The Blue Smile group helped me with my breathing when I get stressed, angry and sad""It makes you feel more confident. It helped me look at the more positive side of going to secondary school."

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Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Financial review

The financial year ending July 2025 resulted in a deficit of £54,953 (2024: surplus of £21,672) against a budgeted deficit of £88,821. Overall income was £504,474 compared to £551,943 in 2024 of which voluntary income was decreased from £382,635 in 2024 to £351,101.

As a result of this deficit the net assets of the charity decreased to £367,265. The cash balance remained relatively stable increasing from £431,449 to £500,986 as at 31 July 2025.

Over the year, we have been extremely fortunate to have been supported by some very generous partners. These cover trusts and funds, community fundraising efforts, corporates and individual donors, many of whom give on a regular basis. We are extremely grateful to them all.

Overall income

Income from donations, grants, fundraising events and bank interest amounted to £357,448. Service fee income amounted to £147,026.

Reserves policy:

Blue Smile continues to emphasise prudent management of its reserves and long-term financial planning.

The trustees reviewed and updated the reserves policy a few years ago, the actual level of reserves compared to this policy is reviewed on a regular basis. In setting and reviewing Blue Smile's Reserves Policy, the Board takes into account the charity's commitment to working long-term with children (the aim is an average of two school terms), as well as the annual Service Level Agreements with schools.

Having assessed potential threats and risks, the Trustees have agreed the need to maintain sufficient income reserves to:

The trustees consider the optimal amount for reserves is 6 months' running costs.

This equates, on the basis of the budget agreed by trustees for the 25/26 year, to £298,000.

As at 31 July 2025 total reserves held were £367,265 of which £42,170 was restricted as detailed in the notes to the accounts. The remaining £325,095 (2024: £406,677) is unrestricted and considered to be 'free reserve' in line with the Charity Commission guidance.

Trustees have carefully considered the way in which reserves above this level can be strategically invested to support the future development of Blue Smile.

In 2024/25, we once again decided not to increase the contribution that we seek from schools, in recognition of the pressures on school finances. In addition, we decided to fully fund one of our Partner Schools in an area of high deprivation, providing support free of charge for children most in need. We designated £10,000 of funding for laptops, recognising additional IT equipment needed now that all clinical data is recorded online following the rollout of our clinical record management system (Charitylog).

Reserves, and income and expenditure, are monitored closely by the Remuneration and Finance subcommittee and Board.

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Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Financial review (continued)

Investment Policy:

Cash balances are held in current and deposit bank accounts with the Charity's bankers.

Plans for future periods

We plan to continue to offer one-to-one therapy for up to 20 weeks (with discretion to extend this in exceptional cases) alongside our expanded groupwork and 'menu of services' offer.

Our observation and feedback from schools is that fewer will be in a position to take up the full Blue Smile Partner School service in 2025/26 and future years. We understand this to be for a mix of reasons. Even though our service is very heavily subsidised as a charitable offer, budgetary pressures as well as pressure on other resources (e.g. room space) are important factors in school take up. Some schools are facing falling rolls which means they do not need or cannot afford a full Blue Smile Partner School service. Some are using other services or models though we are not aware of any service locally (other than for those referred to CAMHS) which offers the same level of specialist support as Blue Smile.

As a result, we are developing and will continue to develop flexible models for schools to access Blue Smile services and envisage that more of our services will be delivered through our outreach offer, with fewer Partner Schools.

In Feb 2025 we contacted 58 schools new to Blue Smile to ask about their priorities and budgets for mental health support, resulting in 6 follow up meetings. Following that feedback we have trialled new smaller service packages for schools which include a combination of one-to-one therapy and groupwork, groupwork being more affordable for schools than the one-to-one service. Our evaluation of our groups, even over the limited 6-week timeframe in which they run, had a significant positive impact for children including those eligible for Pupil Premium and those with Special Educational Needs - see Evaluation and Impact section above.

In 2025/26 we are focusing on expanding into the Peterborough/Fenland region, where we understand there to be significant need. We are particularly promoting a more highly subsidised service package in areas of particular deprivation, as far as we can in a way which is financially sustainable for us as an organisation.

We are also working up plans to offer a service to children who are struggling with school attendance or not attending at all. This will mark a departure from our model of offering services only in school settings; we will still work in close partnership with schools where such children are enrolled.

In response to school feedback that some of their youngest students are struggling with social and emotional skills and self-regulation, we have introduced a version of our 'Worry Warriors' Group adapted for 3- to 5-year-olds. We will, as for all our services, carefully evaluate this new offer as we look to expand support children in this age group in the most effective way.

Blue Smile collaborated with CPSL Mind, Cambridge Acorn Project, and Red Hen on a project to explore new, more relational ways of supporting families with children aged 3-11 who face multiple disadvantages. Blue Smile also continues to be active in Fullscope, a consortium of seven leading organisations that support the mental wellbeing of children and/or young people in Cambridgeshire and Peterborough. Fullscope has a 3-year programme that aims to affect a more accessible, relevant and equitable system to support children and young people with their mental wellbeing. The participating organisations are Blue Smile, Cambridge Curiosity and Imagination, Centre 33, CPSL Mind, The Kite Trust, Ormiston Families and YMCA Trinity.

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Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Structure, governance and management

Governing documentation:

Blue Smile is the working name of Blue Smile Project. It is a company limited by guarantee with no share capital. It was incorporated on 18 October 2010 under company registration number 7411348 and is governed by its Memorandum and Articles of Association. It was registered as a charity on 8 December 2010 under charity number 1139279. Its principal office and registered office is at 47-51 Norfolk St, Cambridge, CB1 2LD.

Patron:

Our Patron is Professor Sir Simon Baron-Cohen, Professor of Developmental Psychopathology at the University of Cambridge and Director of the Autism Research Centre.

Our Charity Director is Dr Anne Kent-Taylor.

Trustees

The trustees bring a variety of experience and skills. They meet bi-monthly and more often where necessary. The trustees oversee the work of the Charity Director, make major decisions, approve policy, review risks and determine strategy. The Trustees delegate day-to-day management of the charity to the Charity Director.

No trustee is an employee of the company nor has any beneficial interest, but each is a member as well as a Director of the company and guarantees to contribute £1 in the event of a winding up.

Recruitment and appointment of trustees:

Trustees are recruited for their skills and experience and generally following advertisement. They are appointed by the Board in accordance with the Memorandum and Articles of Association and in accordance with 'safer recruitment' practices. There must be at least three and not more than nine Trustees.

Trustees must, according to the Articles of Association, retire after 5 years' service and may not be reappointed more than once. Trustees may be appointed again after they have served ten years but only with a 12-month break.

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Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Structure, governance and management (continued)

Trustee induction and training:

New Trustees meet the Charity Director, Clinical Services Manager and other office staff. They are given an induction pack, including the Memorandum and Articles of Association, the current strategy, the most recent full accounts and Annual Review plus recent management accounts. Trustee meeting minutes from previous meetings as well as reports from advisory groups and sub-committees are also available to them. Those new to the role of Trustee are recommended to obtain and read the 'Good Trustee Guide' from the National Council for Voluntary Organisations. Training is available to trustees.

The Board abides by the principles underlying the ACEVO Code of Good Governance.

For the 2024/25 year the Trustees were:

Naomi Mallick - Chair of Trustees

Chris O'Connor - Treasurer, reappointed 6 July 2025

Angela McKeown - Lead Trustee for Safeguarding (interim) till 18 November 2024; resigned 28 July 2025 Karen Glisson - Lead Trustee for Safeguarding, appointed 18 November 2024 Sarah Nolasco - reappointed 20 January 2025 Nicholas Froy Tania Clarke - appointed 18 November 2024 Hannah Buxton - resigned 11 September 2024

We have a Clinical, Ethics and Safeguarding Group (CEG), chaired by the Lead Trustee for Safeguarding, Angela McKeown till November 2024 and thereafter Karen Glisson. This group includes volunteer members as well as the Safeguarding Trustee and staff members. It advises the Board on matters within its remit.

We also have a Remuneration and Finance Committee (RemCom), chaired by the Treasurer Chris O'Connor. RemCom comprises the Treasurer, the Chair of Trustees and the Charity Director. RemCom advises the Board on remuneration and finance matters and may also make decisions as delegated by the Board. Both CEG and RemCom report to the Board.

Senior staff reporting to the Director in the reporting year were Rosi Jack (Fundraising Manager), Anita Gatt (Clinical Services Manager), Vicki Osborne (Operations Manager) and Amna Hamza (Data and Evaluation Lead).

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Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Structure, governance and management (continued)

Risk Assessment:

The Trustees operate a formal risk management process. Trustees and Charity Director together identify and record key risks, their probability, impact and mitigating actions. Risks are reviewed by Board committees and at full Board. Risk Management was overseen by Sarah Nolasco, with CEG and RemCom reporting to the Board on the risks relevant to their remit.

Key areas of potential risk to Board identified to keep under review in 2024/5, along with key measure put in place to manage each of these risks were:

  1. Income: Failure to raise sufficient fundraised income

  2. Fundraising targets set and monitored

  3. Concentrate on areas of highest ROI

  4. Balance resources between fundraising and comms

  5. Develop strong links with donor sources

  6. Focus on diversifying income streams to include individual donors and legacies

  7. Assess impact of competing charities

  8. Review contribution from schools

  9. Undertake due diligence on funders

  10. Ensure appropriate clinical measures in place

  11. Capacity to deliver: Poor recruitment, retention, training and supervision of clinical teams limits ability to meet demand for services from schools

  12. Maintain relationships with Faculty of Education

  13. Build relationships with other training organisations

  14. Clear role descriptions for clinical roles

  15. Implement changes in delivery of services

  16. Improved remuneration and support package

  17. Establish Blue Smile bursaries

  18. Set up of group model to support more children with reduction in 1-1 service model

  19. Review qualifications and where they sit to support different types of work

  20. Consider the impact of competing charities and organisations

  21. Loss of school support: Schools are unable or unwilling to work with Blue Smile

  22. Initial assessment of schools

  23. Annual SLAs with termination procedures

  24. Annual review of cost to schools of services

  25. Maintain good relationships with Heads

  26. Maintain state school experience on Board

  27. Review and adapted Partner School model for individual schools

  28. Ensure ongoing delivery of 1-1 and groupwork to ensure more schools are able to benefit from service and minimise reliance on Partner Schools

  29. Practice standards and ethical framework

  30. Feedback and evaluation processes

  31. Complaints and concerns policy and procedure

Independent examiner reappointment

A resolution to appoint A Robinson FCA of Lovewell Blake LLP as independent examiner will be proposed at the next meeting.

- 14 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Trustees' annual report (continued)

Year ended 31 July 2025

Small company provisions

This report has been prepared taking advantage of the small companies' exemption of section 415A of the Companies Act 2006.

23/3/2026 The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:

Naomi Mallick Chair

- 15 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Independent examiner's report to the trustees of Blue Smile Project

Year ended 31 July 2025

I report to the charity trustees on my examination of the financial statements of the company for the year ended 31 July 2025 which comprise the statement of financial activities (including income and expenditure account), balance sheet, statement of cash flows and the related notes.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the financial statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's financial statements as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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 accounts to be reached.

A Robinson FCA Independent Examiner

Lovewell Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA 23/3/2026

- 16 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Statement of financial activities (including income and expenditure account)

Year ended 31 July 2025

2025 2024
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 5 221,876 129,225 351,101 382,635
Charitable activities 6 147,026 – 147,026 162,022
Investment income 6,347 – 6,347 7,286
   
Total income 375,249 129,225 504,474 551,943
   
Expenditure
Expenditure on raising funds:
Costs of fundraising 7 122,580 – 122,580 109,893
Charitable activities 8 339,177 97,670 436,847 420,378
   
Total expenditure 461,757 97,670 559,427 530,271
   
   
Net (expenditure)/income and net
movement in funds (86,508) 31,555 (54,953) 21,672
   
Reconciliation of funds
Total funds brought forward 411,603 10,615 422,218 400,546
   
Total funds carried forward 325,095 42,170 367,265 422,218
   

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 20 to 30 form part of these financial statements.

- 17 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Balance sheet

31 July 2025

2025 2024
Note £ £ £ £
Fixed assets
Tangible fixed assets 12 – 3,685
Current assets
Debtors 13 19,318 184,437
Cash at bank and in hand 500,986 431,449
 
520,304 615,886
Creditors: Amounts falling due within
one year 14 (153,039) (197,353)
 
Net current assets 367,265 418,533
 
Total assets less current liabilities 367,265 422,218
 
Net assets 367,265 422,218
 
Funds of the charity
Restricted funds 42,170 10,615
Unrestricted funds 325,095 411,603
 
Total charity funds 16 367,265
		 422,218


For the year ending 31 July 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 23/3/2026 ........................, and are signed on behalf of the board by:

Naomi Mallick Chair

Company registration number: 07411348

The notes on pages 20 to 30 form part of these financial statements.

- 18 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Statement of cash flows

Year ended 31 July 2025

2025 2024
£ £
Cash flows from operating activities
Net (expenditure)/income (54,953) 21,672
Adjustments for:
Depreciation of tangible fixed assets 3,685 4,068
Dividends, interest and rents from investments (6,347) (7,286)
Accrued expenses 35,000 –
Changes in:
Trade and other debtors 130,119 136,845
Trade and other creditors (44,314) (132,099)
 
Cash generated from operations 63,190 23,200
 
Net cash from operating activities 63,190 23,200
 
Cash flows from investing activities
Dividends, interest and rents from investments 6,347 7,286
 
Net cash from investing activities 6,347 7,286
 
Net increase in cash and cash equivalents 69,537 30,486
Cash and cash equivalents at beginning of year 431,449 400,963
 
Cash and cash equivalents at end of year 500,986
		 431,449


The notes on pages 20 to 30 form part of these financial statements.

- 19 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements

Year ended 31 July 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 47-51 Norfolk Street, Cambridge, CB1 2LD.

2. Statement of compliance

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis.

(b) Going concern

The accounts have been prepared on the going concern basis and the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected income and expenditure for the next 12 months from authorising these financial statements. The budgeted income and expenditure for the next 12 months shows a deficit. Reserves are sufficient for the Charity to be able to continue as a going concern.

(c) Income tax

As a registered charitable company, the activities are exempt from United Kingdom Income and Corporation taxation, provided that the income is applied to charitable purposes.

(d) Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.

Designated funds are where necessary, unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

- 20 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

3. Accounting policies (continued)

(e) Income

All income included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Income is recognised when it is due under terms of funding agreements. The following specific policies are applied to particular categories of income:

(f) Expenditure

All expenditure is accounted for on an accruals basis as a liability is incurred. Expenditure includes any VAT that cannot be recovered and is reported as part of the expenditure to which it relates. Expenditure is allocated between:

(g) Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

(h) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(i) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment

(j) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as a basic financial instrument. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

- 21 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

4. Limited by guarantee

The company is limited by guarantee, not having a share capital, and is also a registered charity; it is not liable to corporation tax. In the event of the charity being wound up, the liability in respect of guarantee is limited to £1 per member of the limited liability company.

5. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Donations
Corporate donations 17,286 17,400 34,686
Community and events 27,880 7,400 35,280
Individual donations 15,456 1,000 16,456
Trusts and grants 155,250 103,425 258,675
Major donors 1,000 – 1,000
Gift aid 5,004 – 5,004
Legacies – – –
  
221,876 129,225 351,101
  
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
Corporate donations 15,174 2,000 17,174
Community and events 42,526 14,364 56,890
Individual donations 13,924 2,000 15,924
Trusts and grants 167,500 95,293 262,793
Major donors – – –
Gift aid 4,280 – 4,280
Legacies 25,574 – 25,574
  
268,978 113,657 382,635
  
6. Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Service fees 147,026 147,026 162,022 162,022
   
7. Costs of fundraising
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Costs of fundraising 122,580 122,580 109,893 109,893
   

- 22 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

8. Expenditure on charitable activities

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Salary and social security costs 217,609 29,035 246,644
Premises 12,754 – 12,754
Professional fees of clinical teams and consultants 68,083 68,635 136,718
Office costs 26,676 – 26,676
Legal and professional 3,301 – 3,301
Training and recruitment 4,338 – 4,338
Sundries 4,416 – 4,416
Bluesmile bursaries 2,000 – 2,000
  
339,177 97,670 436,847
  
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Salary and social security costs 115,937 54,848 170,785
Premises 12,394 – 12,394
Professional fees of clinical teams and consultants 108,207 69,602 177,809
Office costs 41,256 – 41,256
Legal and professional 2,801 – 2,801
Training and recruitment 7,613 – 7,613
Sundries 5,220 500 5,720
Bluesmile bursaries 2,000 – 2,000
  
295,428 124,950 420,378
  
9. Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 3,025 2,400
 

- 23 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

10. Staff costs

2025 2024
£ £
Wages and salaries 323,393 306,987
Social security costs 14,986 14,920
Pension costs 5,568 4,886
 
343,947 326,793
 

The average head count of employees during the year was 19 (2024: 18). The average number of fulltime equivalent employees during the year is analysed as follows:

2025 2024
No No
Management 1 1
Clinical operations 4 4
Other 5 5
 
10 10
 

No employee received employee benefits of more than £60,000 during the year (2024: £Nil).

Key management personnel

Key management personnel include all personnel that have the authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £51,239 (2024: £44,676).

11. Trustee remuneration and expenses

No trustee received remuneration in the current or prior year, directly or indirectly, from the charity. No expenses were reimbursed to the trustees during this or the prior year.

12. Tangible fixed assets

Equipment
£
Cost
At 1 August 2024 and 31 July 2025 24,618

Depreciation
At 1 August 2024 20,933
Charge for the year 3,685

At 31 July 2025 24,618

Carrying amount
At 31 July 2025 –

At 31 July 2024 3,685


- 24 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

13. Debtors

2025 2024
£ £
Trade debtors 2,550 6,294
Prepayments and accrued income 16,128 177,128
Other debtors 640 1,015
 
19,318 184,437
 
14. Creditors: Amounts falling due within one year
2025 2024
£ £
Trade creditors 17,363 19,339
Accruals and deferred income 134,000 177,850
Other creditors 1,676 164
 
153,039 197,353
 
15. Deferred income
2025 2024
£ £
At 1 August 2024 175,000 312,700
Amount released to income (171,000) (312,700)
Amount deferred in year 127,150 175,000
 
At 31 July 2025 131,150
		 175,000


Deferred income relates to conditional grant income received in the year on behalf of projects being completed in following years.

- 25 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

16. Analysis of charitable funds

Year ended 31 July 2025

Year ended 31 July 2025
At 1 August At 31 July
2024 Income Expenditure Transfers 2025
£ £ £ £ £
Restricted Funds
Netherby Trust 6,250 – (6,250) – –
Newmarket Festival 4,365 – (4,365) – –
East Cambridgeshire
District Council
(Community Grant) – 750 (750) – –
Robert Heylen – 1,000 (1,000) – –
Histon Feast – 400 (400) – –
Evelyn Trust – 3,475 (3,475) – –
Ely Community Unit Trust – 2,000 (2,000) – –
Openwork Foundation – 9,000 (9,000) – –
Rathbones – 10,000 (10,000) – –
Sir Jules Thorn Charitable
Trust – 3,000 (3,000) – –
Eastern Counties
Educational Trust – 9,700 (6,000) – 3,700
Anton Jurgens Charitable
Trust – 3,000 (3,000) – –
PEM – 900 (900) – –
Netherby Trust – 25,000 (19,035) – 5,965
The Pixel Fund – 7,500 (7,500) – –
CCF: S2 Partnership
Community Fund – 3,000 (3,000) – –
OpenArch – 6,500 (245) – 6,255
Newby Trust – 10,000 (6,750) – 3,250
Sir Bernard and Lady
Schreier Foundation – 3,000 (3,000) – –
CCF: Warwick & Dominey
Fund – 4,000 (4,000) – –
Friends of Blue Smile – 4,000 (4,000) – –
The Britford Bridge Trust – 10,000 – – 10,000
Friends of Blue Smile – 3,000 – – 3,000
BBC Children in Need -
Big Sky – 5,000 – – 5,000
Alan Boswell Group
Charitable Trust – 5,000 – – 5,000
    
10,615 129,225 (97,670) – 42,170
Unrestricted Funds
Designated projects 48,000 – – 2,000 50,000
Designated funds -
Service delivery 26/27 – 10,000 – – 10,000
General funds 363,603 365,249 (461,757) (2,000) 265,095
    
411,603 375,249 (461,757) – 325,095
    
Total funds 422,218 504,474 (559,427) – 367,265
    

- 26 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

Year ended 31 July 2024
At 1 August At 31 July
2023 Income Expenditure Transfers 2024
£ £ £ £ £
Restricted Funds
The Asda Foundation – 500 (500) – –
Cambourne Town Council – 250 (250) – –
Cambridge Community
Foundation – 6,565 (6,565) – –
CCF - 52 Partnership
Fund – 7,500 (7,500) – –
Community Fund at the
Leys – 5,000 (5,000) – –
ECDC – 1,000 (1,000) – –
ECET – 9,003 (9,003) – –
Evelyn Trust – 3,624 (3,624) – –
Groundworks – 5,000 (5,000) – –
John Coates – 8,300 (8,300) – –
Netherby Trust 4,208 25,000 (22,958) – 6,250
Newmarket Festival – 8,865 (4,500) – 4,365
Openwork Foundation 15,000 – (15,000) – –
PEM Charitable Trust – 2,000 (2,000) – –
Pixel Foundation – 5,000 (5,000) – –
Postcode Places – 16,850 (16,850) – –
Red Hill Trust – 2,000 (2,000) – –
Robert Heylen – 2,000 (2,000) – –
Simon Gibson Charitable
Trust – 4,200 (4,200) – –
The Cole Charitable Trust – 1,000 (1,000) – –
Timothy Lowe 2,700 – (2,700) – –
    
21,908 113,657 (124,950) – 10,615
Unrestricted Funds
Designated projects 35,000 – – 13,000 48,000
General funds 343,638 438,286 (405,321) (13,000) 363,603
    
378,638 438,286 (405,321) – 411,603
    
Total funds 400,546 551,943 (530,271) – 422,218
    

Restricted fund purposes

Alan Boswell Group Charitable Trust - The income received within this fund is restricted for 1:1 Outreach during the autumn term 2025.

BBC Children in Need - BigSky - The income received within this fund is restricted for 3x Worry Warriors groups in Fenland schools.

Eastern Countries Educational Trust - The income received within this fund is restricted for children with SEN.

Friends of Blue Smile - The income received within this fund is restricted for the Partner School Service.

- 27 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

Netherby Trust - The income received within this fund is restricted for Groupwork Coordinator salary and groupwork delivery.

Newby Trust - The income received within this fund is restricted for The Grove Partner School.

OpenArch - The income received within this fund is restricted for work at Over Primary School.

The Britford Bridge Trust - The income received within this fund is restricted for the Partner School Service.

The following restricted projects have been completed in this or the prior year:

Anton Jurgens Charitable Trust - The income received within this fund is restricted for the Partner School service.

CCF: S2 Partnership Community Fund - The income received within this fund is restricted for Outreach during the summer term 2025.

CCF Warwick & Dominey Fund - The income within this fund is restricted to Shirley Community Primary School.

East Cambridgeshire District Council (Community Grant) - The income received within this fund is restricted for St Andrew's, Soham.

Ely Community Unit Trust - The income received within this fund is restricted to work at St Andrew's CofE Primary School, Soham.

Evelyn Trust - The income received within this fund is restricted for Worry Warriors Groupwork pilot.

Histon Feast - The income received within this fund is restricted for Histon and Impington Partner School.

Newmarket Festival - The income received within this fund is restricted for groupwork in Newmarket primary schools.

Openwork Foundation - The income received within this fund is restricted to work at Galfrid Primary School.

PEM - The income received within this fund is restricted to work at Galfrid Primary School.

Rathbones - The income received within this fund is restricted for the Partner School Service (therapist costs & equipment).

Robert Heylen - The income received within this fund is restricted for Partner School service - Histon & Impington Brook Primary School.

Sir Bernard and Lady Schreier Foundation - The income received within this fund is restricted for The Grove Partner School.

Sir Jules Thorn Charitable Trust - The income received within this fund is restricted for 1:1 arts based therapy in Partner School.

The Pixel Fund - The income received within this fund is restricted for the Partner School Service.

- 28 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

Designated fund purposes:

In prior years, the charity designated £10,000 towards hardware to support the cloud-based data system project. Additionally, the charity has designated £40,000 (2024: £38,000) towards the provision of a Partner School service for various schools, amalgamating from increasing contributions towards this fund, reviewed annually. These costs remain unexpensed at the year end with funds towards the clinical service will be spent within 12 months; funds towards IT equipment are likely to be spent within 24 24 months.

The Service delivery 26/27 fund is amounts set aside to cover service delivery costs in the future.

17. Analysis of net assets between funds

Year ended 31 July 2025

Current Creditors Less
Fixed Assets Assets Than 1 Year Total
£ £ £ £
General Funds – 418,134 (153,039) 265,095
Designated Funds – 60,000 – 60,000
Restricted Funds – 42,170 – 42,170
   
– 520,304 (153,039) 367,265
   
Year ended 31 July 2024
Current Creditors Less
Fixed Assets Assets Than 1 Year Total
£ £ £ £
General Funds 3,685 557,271 (197,353) 363,603
Designated Funds – 48,000 – 48,000
Restricted Funds – 10,615 – 10,615
   
3,685 615,886 (197,353) 422,218
   
18. Analysis of changes in net debt
At 1 Aug 2024 Cash flows
At 31 Jul 2025
£ £ £
Cash at bank and in hand 431,449 69,537 500,986
  
19. Operating lease commitments
The total future minimum lease payments under non-cancellable operating leases are as follows:
2025 2024
£ £
Not later than 1 year 6,017 5,757
 

- 29 -

Docusign Envelope ID: D72AF54D-A153-4DD5-BD5A-421697FA7F18

Blue Smile Project

Company Limited by Guarantee

Notes to the financial statements (continued)

Year ended 31 July 2025

20. Related parties

There were no related party transactions in this or the prior period.

- 30 -