| CONTENTS | Page Number |
|---|---|
| Reference and administrative details ofthe charity, |
|
| its trustees and advisors |
|
| Trustees' Report | 3-8 |
| Independent Examiner's Report |
|
| Statement of Financial Activities | 10 |
| Balance Sheet | |
| Notes to the Financial Statements | 12-22 |
| 31"Augu | st 2 | 020 and at | the date that the report and | accounts w | ere approved were: |
|---|---|---|---|---|---|
| Trustees | and | Directors | Mr Michael Frankl, Chair | (resigned | 31December 2019) |
| Mr Richard Howitt, Chair | (appointed | 8 April 2021) | |||
| Ms Lauren Allin |
|||||
| Mrs Lynne Harries | |||||
| Ms Lucy Johnstone | |||||
| Ms Ruth Loshak | |||||
| Dr Deborah Brown | |||||
| Ms Rebecca Porter | (resigned | 20 November 2020) | |||
| Mrs JanetTomba | (resigned | 6February 2020] | |||
| Mrs Anya Brown | (resigned | 17June 2020] | |||
| Ms Sarah Dixon | (resigned | 31December 2019) | |||
| Ms Oluwasayo Badejo |
(appointed | 20 May 2020, resigned 24 | |||
| March 2021) |
| Year ended | Year ended | Year ended | Yearended | ||
|---|---|---|---|---|---|
| Notes | 31/8/2020 | 31/8/2020 | 31/8/2020 | 31/8/2019 | |
| Restricted | Unrestricted | Total | Total | ||
| 6's | E's | 6's | E's | ||
| INCOME FROM: | |||||
| Donations and grants |
34,879 | 19,235 | 54,114 | 63,994 | |
| Charitable activities |
402,314 | 402,314 | 412,237 | ||
| Investment income |
146 | 146 | 139 | ||
| Other income | 2,982 | 2,982 | 3,665 | ||
| Total income | 34,879 | 424,677 | 459,556 | 480,035 | |
| EXPENDEDITURE ON: | |||||
| Charitable activities |
7,630 | 436,006 | 443,636 | 418,797 | |
| Total expenditure | 7,630 | 436,006 | 443,636 | 418,797 | |
| Net income / (expenditure) | in the year | 27,249 | 11,329 | 15,920 | 61,238 |
| Transfer between funds |
26,192 | 26,192 | |||
| Net movement in funds |
1,057 | 14,863 | 15,920 | 61,238 | |
| Reconciliation offunds: | |||||
| Funds brought forward |
17b | 22,806 | 202,975 | 225,781 | 164,543 |
| Funds carried forward | 17a | 23,863 | 217,838 | 241,701 | 225,781 |
| Red Balloon Learner | Red Balloon Learner | Centre —Cambridge | |||||
|---|---|---|---|---|---|---|---|
| (a | company limited by guarantee) | ||||||
| Balance | Sheet | ||||||
| As at31"August 2020 Notes |
As at31" | As at31" | |||||
| Aug ZOZO | Aug 2019 | ||||||
| 6's | 6's | ||||||
| FIXEDASSETS | |||||||
| Tangible fixed assets | 13 | 46,836 | 27,841 | ||||
| TOTAL FIXEDASSETS | 46,836 | 27,841 | |||||
| CURRENT ASSETS | |||||||
| Debtors: amounts | falling due | within | one year | 14 | 11,008 | 9,915 | |
| Debtors: amounts | falling due | after more than one | 15 | 10,732 | 10,732 | ||
| year | |||||||
| Cash at bank and in | hand | 190,243 | 184,477 | ||||
| TOTAL CURRENT | ASSETS | 211,983 | 205,124 | ||||
| LIABILITIES | |||||||
| Creditors: Amounts | falling due within one year | 16 | (17,118] | (7,184) | |||
| NET CURRENT ASSETS | 194,865 | 197,940 | |||||
| TOTAL NET ASSETS | 241,701 | 225,781 | |||||
| FUNDS OF THE CHARITY: | |||||||
| Unrestricted Funds |
17a | 217,838 | 202,975 | ||||
| Restricted Funds |
17a | 23,863 | 22,806 | ||||
| TOTAL FUNDS | 241,751 | 225,751 |
| 2 DONATIONS | AND GRANTS | Year ended | Yearended |
| 31/08/2020 | 31/08/2019 | ||
| Grants | 46,879 | 46,596 | |
| Other donations | 7,235 | 17,398 | |
| 54,114 | 63,994 |
E12,000(2019:E6,351).Unrestricted donations amounted to E |
E12,000(2019:E6,351).Unrestricted donations amounted to E |
7,235 (2019:E17,398). |
|
|---|---|---|---|
| 3 INCOME FROM CHARITABLE ACTIVITIES | Year ended | Year ended | |
| 31/08/2020 | 31/08/2019 | ||
| E | E | ||
| Administration | fees and recharges to Red Balloon Learner | 600 | 1,442 |
| Centres | |||
| Teaching and | support ofbullied children | 401,714 | 410,795 |
| 402,314 | 412,237 |
| AII income from charitable activities was attribut prior year. |
able to unrestricted funds in both the cu |
rrent year and |
|---|---|---|
| 4 INVESTMENT INCOME | Yearended | Yearended |
| 31/08/2020 | 31/08/2019 | |
| E | ||
| Deposit account interest | 146 | 139 |
| 146 | 139 |
| Year ended | Yearended | |||
|---|---|---|---|---|
| 31/08/2020 | 31/08/2019 | |||
| E | E | |||
| Student contribution | towards trips | 1,020 | ||
| Schoollunches | 2,171 | 2,174 | ||
| Miscellaneous | income | 811 | 471 | |
| 2,982 | 3,665 |
| Direct | Support | Yenrended | |||
|---|---|---|---|---|---|
| Costs | Costs | 31/08/2020 | |||
| (note 7) | Total | ||||
| Charitable | activities: | E | |||
| Teaching and support ofhullied | children | 405,743 | 37,893 | 443,636 | |
| 405,743 | 37,893 | 443,636 | |||
| ANALYSIS | OF RESOURCES EXPENDED BYACTIVITY —prior year | ||||
| Direct | Support | Year ended | |||
| Costs | Costs | 31/08/2019 | |||
| (note 7] | Total | ||||
| Charitable | activities: | 6 | E | 6 | |
| Teaching and supportofbullied | children | 387,913 | 30,884 | 418,797 | |
| 387,913 | 30,884 | 418,797 |
| 7ANALYSIS | OFSUPPORT COSTS | Yearended | Yearended |
|---|---|---|---|
| 31/08/2020 | 31/08/2019 | ||
| E | |||
| Legal 8professional | 4,657 | 100 | |
| Support fee (Red Balloon Croup) | 8,000 | 8,000 | |
| Training costs | 1,625 | 2,512 | |
| Insurance | 3,697 | 1,340 | |
| Repairs 8 renewals | 4,278 | 4,173 | |
| Office costs | 10,476 | 8,485 | |
| Bank charges | 60 | 60 | |
| Governance | costs (note 8) | 5,100 | 6,214 |
| 37,893 | 30,884 |
| 9ANALYSI | S OF STA | FF COSTS AND KE | YMANAGEMENT PERSONNEI. |
|
|---|---|---|---|---|
| Year ended | Yeareuded | |||
| 31/08/2020 | 31/08/2019 | |||
| f | f | |||
| Wages and | salaries | 303,013 | 278,487 | |
| Social security costs | 17,675 | 14,549 | ||
| Pension | 10,294 | 0,999 | ||
| 330,982 | 302,035 | |||
| The average monthly | head count during | the year was as follows: | ||
| Aug 2020 | Aug 2019 | |||
| Number | Number | |||
| Charitable | activities | 23 | 23. |
| 11NET INCOME | 11NET INCOME | |||
|---|---|---|---|---|
| Year ended | Year ended | |||
| 31/08/ZOZO | 31/08/2019 | |||
| E | E | |||
| Net income | is stated after charging: | |||
| Depreciation | ofcharitable | assets owned by the charity | 11,025 | 5,959 |
| Independent | examiner's | fees | 1,000 | 400 |
| 13TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Leasehold | Office | Computer | ||
| improvements | equipment | equipment | Total | |
| 6 | 8 | E | E | |
| Cost | ||||
| At1"September 2019 | 26,386 | 9,062 | 599 | 36,047 |
| Additions | 24,857 | 5,163 | 30,020 | |
| At31"August 2020 | 51,243 | 9,062 | 5,762 | 66,067 |
| Depreciation At 1"September 2019 |
2,639 | 5,268 | 299 | 8,206 |
| Charge for the year | 5,124 | 3,020 | 2,881 | 11,025 |
| At31"August 2020 | 7,763 | 8,288 | 3,180 | 19,231 |
| Net book value | ||||
| At31"August 2020 | 43,480 | 774 | 2,582 | 46,836 |
| At 31*'August 2019 | 23,747 | 3,794 | 300 | 27,841 |
| 14DEBTORS | :AMOUNTS FALLING DUE WITH | IN ONE YEAR | |
|---|---|---|---|
| As at | As at | ||
| 31uAug 2020 | 31*'Aug 2019 | ||
| E | E | ||
| Trade debtors | 8,178 | 7,565 | |
| Other debtors | 709 | ||
| Prepayments | and accrued income | 2,121 | 649 |
| Amounts owed by group undertakings |
1,701 | ||
| 11,008 | 9,915 |
| 15DEB | TORS: | AM | OUNTS | FALLING DUE AFTE | R MORE THAN ONE YEAR | |
|---|---|---|---|---|---|---|
| As at | As at | |||||
| 31"Aug 2020 | 31"Aug 2019 | |||||
| E | K | |||||
| Amounts | owed | by | group | undertakings | 10,732 | 10,732 |
| 16CRED | ITORS: AMOUNTS FALLING DUE WI | THIN ONE YEAR | |
|---|---|---|---|
| As at | As at | ||
| 31*'Aug 2020 | 31uAug 2019 | ||
| 6 | E | ||
| Trade creditors | 5,034 | 327 | |
| Social security and other taxes | 4,360 | 4,180 | |
| Other creditors | 1,646 | 1,631 | |
| Accruals | 1,085 | 1,046 | |
| Amounts | owing to group undertakings | 4,993 | |
| 17,118 | 7,184 |
| 17aFUND ANALYSIS —current year | 17aFUND ANALYSIS —current year | Balance at | Balance at | |||
|---|---|---|---|---|---|---|
| 1/9/19 | Income | Expenditure | Transfers | 31/8/20 | ||
| Unrestricted funds |
E | E | E | 6 | ||
| General funds | 202,975 | 424,677 | 436,006 | 26,192 | 217,838 | |
| Total unrestricted funds |
202,975 | 424,677 | (436,006) | 26,192 | 217,838 | |
| Restricted funds | ||||||
| Funding to build ITresources and skills | 1,783 | (1,783) | ||||
| Funding for refurbishment | &resources | 2,045 | 1,539 | (912) | (1,335) | 1,337 |
| Funding for the garden studio | 26,634 | (24,857) | 1,777 | |||
| Funding for parent support | 5,528 | (177) | 5,351 | |||
| Funding for 16+provision | 7,356 | (1,033) | 6,323 | |||
| Funding for holiday club | 1,079 | (639) | 440 | |||
| Children in Need Curiosity |
6,706 | (448) | 6,258 | |||
| Funding for well-being project | 5015 | 2 638 | 2,377 | |||
| Total restricted funds |
22,806 | 34,879 | (7,630) | (26,192) | 23,863 | |
| Total funds | 225,781 | 459,556 | 443,636 | 241,701 | ||
| 17b FUND ANALYSIS - prior year | Balance at | Balance at | ||||
| 1/9/18 | Income | Expenditure | Transfers | 31/8/19 | ||
| Unrestricted funds |
6 | E | E | E | ||
| General funds | 153,773 | 439,790 | 399,942 | 9,354 | 202,975 | |
| Total unrestricted funds |
153,773 | 439,790 | (399,942) | 9,354 | 202,975 | |
| Restricted funds | ||||||
| Funding to build ITresources and skills | 3,810 | (2,027) | 1,783 | |||
| Funding for library resources | 860 | (860) | ||||
| Funding for therapists | 6,000 | (6,000) | ||||
| Funding for staff training | 100 | (100) | ||||
| Funding for the art room refurbishment | 12,500 | (4,185) | (6,270) | 2,045 | ||
| Funding for the kitchen refurbishment | 2,343 | (2,343) | ||||
| Funding for parent support | 5,673 | (145) | 5,528 | |||
| Funding for 16+provision | 7,770 | (414) | 7,356 | |||
| Funding for holiday club | 3,000 | (1,921) | 1,079 | |||
| Other funds for trips and equipment | 1,909 | (1,767) | (142) | |||
| Funding for well-being project |
7050 | 1436 | 599 | 5015 | ||
| Total restricted funds |
10,770 | 40,245 | (18,855) | (9,354) | 22,806 | |
| Total funds | 164,543 | 480,035 | 418,797 | 225,781 | ||
| 20 |
| Restricted | Unrestricted | Total | |||
|---|---|---|---|---|---|
| Funds | Funds | Funds | |||
| 6 | E | E | |||
| Tangible | fixed assets | 46,836 | 46,836 | ||
| Current assets | 23,863 | 188,120 | 211,983 | ||
| Creditors | due within | one year | 17,118 | 17,118 | |
| 23,863 | 217,838 | 241,701 | |||
| 18bANALYSIS OF NET ASSETSBYFUND —prior year | |||||
| Restricted | Unrestricted | Total | |||
| Funds | Funds | Funds | |||
| 5 | E | E | |||
| Tangible | fixed assets | 1,783 | 26,058 | 27,841 | |
| Current assets | 21,023 | 184,101 | 205,124 | ||
| Creditors | due within | one year | 7,184 | 7,184 | |
| 22,806 | 202,975 | 225,781 |