Registered number: 10978174 Charity numbèr. 1175826 RED BALLOON LEARNER CENTRE CAMBRIDGE (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 'AF31GGUR" 28105r2026 cPANIEs HOUSE 255
RED &4LLOON LEARNER CENTRE CAMBRJDGE IA company limited by guarantee) CONTENTS Page Reference and adrnini5trativ8 dÈtail$ of thB charity. its Trnstees and advisers Trustsès. report dep•ndent auditors. report on th* finaneial statemuts 9-13 Statèrnent of finaneial actfvities 14 Balance shett 15 Staternent of cash flows 16 Notes to the financial statèm•nts. 17-34"
RED BALLOON LEARNER CENTRE CAM8RIDGE (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETLs OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDEO 31 AUGUST 2025 Trustees Miss Jane Green lapwnted 6 January 20251 Ms Davina Harvey lappointed 2 June 20251 Mrs Judith Haste Mr Peter Law Mrs Kathleen PknGuire (resigned 9 January 20251 Mr Paul Morton-Kemp lappcmnted 2 June 2025 Mr Mark Patterwn Mr lan Swain {resigned 27 November 2024} Mrs Eleanor Thynpson lapwnted 24 November 2025} Company registered numbBr 10978174 Charity registered number 1175826 Re9iStered offi¢e 4244 Hiyh Street Milton CambrKJ9eshire CB24 6DF Coordinator Ms Jessts Lechner Independent auditors Lakin Rose Limited charter AcccMJntants Slalutory Atjditors CambrKlge Housè Camboro Bwrpss Park Girton Cambridge CB3 OQH Page 1
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guaranteè) TRUSTEES. REPORT FOR THE YEAR ENOED 31 AUGUST 2025 The Trustees present thr annual report tcgether wilh the aLJited financia slatements of the Red Balloon Learner Centre Carnbridge for the year 1 September 2024 to 31 August 2025. The annual report Serves the purposes ol both a Twstees, report and a directors. retM)rt urKler company law. The Trustees confirm that the annual report and finanoal statements of the Charitab crynpany comply with the cUrnt stattrtory requirements, the requirements of the chaiitable c(xnpanVs goveming document an£J the provish)ns of th Slalement of Recxjnmended Practice ISORPI app1vts to charitie5 prepariro their accounls in accordance wilh the Financial Repoibng Standard aroliGabk in the UK and Republ of Ireland IFRS1021 {effèctive 1 January 20191- sin the charty qualifEs as srnall under section 382 of the Cornpanies Ad 2006, the strategic report lequid of medium and large companies under the CorrTpanies Act 20( Istrategic Report and Directors. Reporti RegulaliMs 2013 has been omrtted. Obj¢ctive5 and a1vitieS a. Polici85 and gbjectives The objects of charity are set J¢ in the Arls of A5socialKJn registered at Companies HoLtse on 23rd September 2017. o adv3nce 11)e education of children aged 7 to 19 at the Red Balk Leamer Centre, trmng students who are the victims ol bUll"n9, or by reason ol other emotional trduma or illness. a for Ihe time beirKJ unable to attend mainstream schools. induding. but not limiled to. provmling them with lurtKJn and appropriate face-t[ace and cTrline supwrt in a safe leaming environmènt until they are ready to ietum to mainstream educatKJn or take up training or employrnent." We achieve objects through the provi5NJn of an 'intensive care. full kn.me edUCatn and support programme. Therapy and counselling are offered to students ar families. Conb"nuing use is made of volunteers to work wrth stLKlents. All vobjnieers have enhanced DBS checks.. In settj'ng 0.ectiveS and planniru for aCtIt. the Tfuslees have gNen due consideration to general guidance tAtshed by the Chartty commM)n relats.ng to pubk benefrt. Induding the gurdance 'Public benefit." running a charty IP621'. b. Main activities undertaken to further the charitys purposes for the public benefft The charity provides full-trme ed(KatN)n for chftdfen who seLf-exchth from SC1. There is rn other purpose made scheme to sUprt the recovery ol Ihis group of thikIn and to give them t1r 'lile' back. Another InnI asFect of the work that the charity (k)es to L4fer supw)rt to thè parenls and carers of these Chiren. c. Management The trustees, in c(Sua.0n with the coordina1. make dec2540n5 ab¢yJt staffing. budgeting anLI performance reviews. Trustees. direclors and consultants of Red Balbon Educational Trustwith speoalLSt knowSedge may be nsulted about employmenl and other human resource issues. Trustees lo raise local avrdreness of Ihe needs of chiklren have been so badty bull*d or sulfèr from severe emolonal trauma or menlal health issues that they cannot attend m81nslream The aim is to draw attentson to the fact that such Chdren shoukj b8 prov¥Jed 1h fuu ts.me eduGafts). Page 2
RED BALLOON LEARNER CENTRE CAMBRIOGE IA company limited by guarant••l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Achi•¥ements and perfonnance a. Main achièvements of the charity The trustees are satisfied the perforMar ol the charity during the year eryjed 31st August 2025. The objectives of the chanty a only achieved Ihrough the skill. hard vrk and dedutDn ol Ihe staff and volunteers at Red Balloon Leainer Centre, Cambridge and as trustees we are indebted to the tearn. AchEvement and performance at Red Balloon Leamer Centre, Cambridge are measured by the increase in setf-esteeffl and Confiden of each of the students, their ability to ho their ovm in the w¥Jer wortd and their undèrstandin9 01 themselves and otheis. as well as through academ prcMJress and results. The last few years have been a kn.me of grow and expansvjn for Red 8alh)on Learner Centre, ca1ndgtr. In September 2020 we were able to open a Se centre in Cambridge. The successful opening of thè sècond centre allowed us to douUe the amounl of places that we are able to offer to students eath year. In the summer of 2024 we wmpleted a further move inlo a Sing nthv twjilding at 42144 Hpah Street. Mitton. We have completed c¥Jr first full academr r in the new building. and the experience has been very p0s'Ve for staff students alike. Everyyjne ha5 adapted very well to our new home. and the sentirnent about the move has teen uniformly enthusiastic_ We have also once again been able to modesty increase our sludent numbers. In the new centre. our single kxation has enabled stsff and students to work even morè collaboratively and efficiently as a ieam. Issues can be quickly and easity 5dved. It 15 also provKJing the sludents an opporiunty to meet a wider pool of people and thefore wovidin9 them more social opportunitE5. to bè inspid by others and learn from each other. BuSe of the s¢t UP, Students need quiet 5paGes can make use of this loo. We remain as strongly commrtted as ever to offering a wide ran9è of curriculum subjects to all students. These indude English. Maths. scnCe. Humanities. Art. Musre. Media. Drama. Languages Iincluding Brrtish Sign Language). PE Iwith support from The Leys school). ICT, Lrfe Ski115 arKI Citizenship. In addth.tsn to offering GCSES. we have a range of qualificatK)ns, including Unrt Awards arKI project qualfficatN)ns to motivate 8nd re¢ognise those sludents who Ihri¥e in vctaknonal arKJ pra¢kn"¢al weas. In ath1rt(on we able to offer LAMDA exams and ASDAN training. Ouf most imfnediale goals are to make even bètter use of the space that we have in Mitton, ty exploring the possibility of converting the k)ft into a quEt Spa for 8ddttK)nal ¢lassÈs and therapy. We hope to complete this work in the sufflmer of 2026. b. Exams In the school year 2024125, nine students took a totsl of thrteen GCSE qualifitstions. Subjects inctuded Maths. English Language, French, Religious Studies and Art. In additKJn to the GCSES taken thi5 ye¥. some students undertook other examinatK)ns Ythich included Malhs Awtards. English Functional Skills. History. Geography and Science entry levèls qualrficats. We supported o(Jr learner5 to prepare lor these exams so that they could do their best and we are very proud of the set of results Ihat our students achieved. gNen h(yw much educat many of Ihese stvjents had missed before being admitted to the centre. Paoe 3
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENOED 31 AUGUST 2025 Achievements and perfornn¢e Iconlinuedl . Activities, trips and èxcursions Red Balloon doe5 not just care abwt acadeffl resuts, and s¥1 b"me, erErgy and expertise are given to ensuring that the students ha¥8 8 wder rnIng eXper1er throvgh regular actiwties and special evenis SLtch as cooking and baking, museum trips. t)ard games. dowalking. DIY. SY¢imming. rircle time. life skills sessions and day trips. These acfvities prornote increased selfsteem. emotional reguJatw)n. Ènhanced sociaj and commynicath.on skills and a level ol confKYence Ihat ¢anrK)l always be developed li a dassroom. In addition, many of cxjr sludents benefrt from vEekty therapy or (xjunselling SesSn$. We also work coliaboratwèly v olher schools and local groups to develop partner5t)ips across drfferent organisath"ons. Thrghout the sthcM)l 2024r25. %bEre able to offer sdents a range of educatK)nal visits and excursKJns. Thère vras a trip to the British Museum, whh allowed students to wew a %bide range of eXhibitn$. induding the Samurai of Japan, being able to touch the repl ol the Rosetta Stone and the Picasso exhibrtion. Siudents also experTence(I navgatirwJ the streets of LLX)(b)n and a train joum&y to Londm. StLttl8nts takIr Ihe Animal Care ASDAN (Award Scherne Development and Accreditaln Netwothl course spent a day at shep1h w1111e Park. Studeni fws was on animal investyations and on conservation of endangered species. Some time spent expkJriThJ the park and compleb.ng tasks before we joined the bat feeding sessil where students feamt about fruit bats. The students then made enrichment boxès and gave them to the meeFtats and coyotes. The students also attended a talk on the red panda and Sumatran tiger. where the students learnl about the spec5 in the wld and the animaLs in the care of Sheweth. These students also had a wsit to the Village Vets in Milton for a behind the fte$ lour followed by a Q and A session wilh a vet. The students saw the operalry Iheatre. the imag9 r(xyn. the inlensive care unit. pharmacy as well as the reception and consultiny roorns. A STEM grwp of students visrted the Unr¥ersty of Cambrwjge Iwtsbtute of Astr0MY Observatory. The students attended a very interesting talk on how solar wind frc¥n the sun ¥itèracts with the Earth's m&3netic field and the Kxjtential impad on Irf¢ on Earth. The talk VRS in a kclure theatre so students experienced what it is like attending a lècture at a unNersity 2fJ) 0llT peoe. This yearfs residential trip wa5 lo Ihe Lake District. where students VEre able lo parbcipate in a rarKJe of outdc>Jr pursuits including kayakn'NJ. canoeing, abwling, hiking, raftmg. caving. archery and orlteerIng. This gave much opportunity fL¥ sludents to ¢Jevelop team building skiifs. We have found over Ihe ar5 that Ihis fesKJenlia trip has a range of bèneffts students. BeiThJ on a residential exGursion moves them outsvje of their comfort Zone and gNes opFAyiunities develgp self-esteem. In many cases, rt is perhaps the onty time Ihey have been away from horne in ihis way. this reason the wsit helps to build confidence and th•r sense of self. The sludenls develop both camaraderie wrthin the group an<J al the same time independenGe. Sludents also had the oprtUnty to go on a day out lo Thorpg Park a5 a Ireat to end the summei term an(r to coritsnue lo foster a sense of communty aeross the centrè. The end of the sch¢)J Jear always includes a celebratrln of the accomplishrnenls of all c( young karrers aThY each slvdent reeeNe5 an annuJl Record of Achievement hhIjh"n9 special moments. P4
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limit by guarantéè) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 hievements and perforniance (continued) d. Duk• of Edifiburgh's Award activrti¢s Ten students undertc¥)k their bIc¥e level Duke of Edinburgh Award Expedrtion. Working in teams they spent several weeks training in skills such as map readirKJ. using a compass, first aid. pitching tents and outdoor cooking before planning a Foute for their tWdaY expediti)n. covering 16krn. The IVK) learns hiked indeKEndentty through the kJ¥ely Hertfcdshire countysw. usiNJ Ihe skills ihey had arnt to n8vi9ate and devdopjng their ability lo MmunICate eifeciivety antj woth as part of a teaffl. The 5tLtdents pitched their tents, woked their dinner on a gas trangias an¢J completed their retum hikè the f(Alowing rnorning. Two students supported Ihe groups thrjghoUl their training and expedrtion. These students completed their bronze award last ypar and are taking part in the DOE leader programme as part of their silver award. F5nanclal review . Going concern After making approprkite errt]uiries. tru51ees a reasonab expectation that the charity has adequate sources io continue in operational exi51ence for the lofeseeable future. For this reason. they continu$ to adopt the going COrM basis in preparin9 Ihe financial stsiements. Furlhèr detaiL% regarding the athipkn of going Ct>rtem basis can be fouThJ in the accounts.ng policies. b. Reserves policy The trustees have deced that unrestricted reserves shotJl¢J be eqvivalenl to fwe months, worth of operational èxpènditure. At the ¥1 ol eXpeIlture lor 2024125, this should equal around £440,OCQ (2024.- £420,OOOJ. At 31 August 2025, unrestricted reseNes defbned as unrestricted fijnds less fixed assets was. £576,933 (2024.. £451,369J. c. Flnanclal Tevlew Totsl Unrestrict intome during the year was £1,199,268 (2024.. £1,L4.329). Of thts, £1.137,752 (2024.. £935,266J came from fees or bursaries. Total resln.cled donat*Jns and grants income in the year was £17.963 (2024.. £27,283). see note 15 for details of Ihese lunds. Totsl expenthtijre was £1.rffi.582 (2024." £1.054.206} and was incurred in Ihe performance ol the ¢haritsble tivities of the company including Staffing, rent. utilthes and other general running Costs. £1,055,307 (2Q24.. £1,049,987) was spent from unrestricte(I funds and £10.27512024.. £4.219) spent from restrtted funds. An unrestricled suwus of £143,961 (2024." erit of £20.590) was re(xJr(Jed, bmging total unrestricted funds to £655,095 (2024. £511. 134). d. Material Investments policy The trustÈes' poh'cy investsnent is to retain suwus ld5 in interest-bearing deposit accounts. Pagè 5
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 e. Princ•pal risks and uncertainties The trustees have Èxamined Ihe maior strate9r and operational risk5 which the tharity faces. Thè main areas for concern are." Sourcing of funding frx Sludents Safeguarding of students Loss andlor recnthtment of key staff The trustèes and the staff have devek)ped a lee pricing stwcture thal 15 revith%Ed annually and that reflgcts the overall costs ol the support and educatK)nal neets of the Siudents. Safeguar(ting of students is of the highe prKwity. Ongo9 staff training in Chikl Protection and Heath & Safety is provided regularty and all trustees compkie Level 1 safeguardi when apwnted. In addition. trvstees mwjage the fvsk Re9ler for the Centre. and a full raNJe of Oioes are regularfy reviewed by staff arKI trustee5 together. Stweture, govemance and management a. Con$titution Red Baifcon Leamer Centre CambrKlge 15 regtered a5 a chaiitable (x)mpany limited by guantee and was set up by a Memorandum of Association on 23rrJ September 2017. b. Govèmanee The Board ol Tiustees has the power to apF4)mi new trustees by resOlutn * a sperial meetin9. An op?n and transparent recruitment pr0ce5s is undertaken. People who rne to the trustee5' attents.on as having relevant experience, Inte1 or expertise are asked if they woukl Usider beGtsrning a Irustee. we inleMewed by other trustees and students, and. if r( conswJeTed appropnate, are introduced to_all of the trustees. Wl trustees are subject to enhanced DBS checks and must provKle a Dedaratw of Interests and confimi th* they are 'fit' to serve as a charity trustee. The Boaril ains to meet lce per lemi and htskls an AGM w) the summer lerm. At each meeb.ng studènt 09$$ ts reviewed 8th9 With progress on the S¢1 Oeveh)pment Plan. Regular ¥nanagemenl accounts are also provKled for each meeting. Over the pasl year we have recruiled addItnal trusteès to expand the range ol experience and expertise. The current Board of Trustees comwise5 7 truslees. supported by an experiefid derk. Page 6
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDEO 31 AUGUST 2025 Plans for future periods Our current focus is to continue to eslablish Red Ball(x)n Learner Centre. Cambridge in our new home in Millon. We a WlSKJefing modificatnS to Ihe premises Ihat w1 make better use of the space. Irb rent years. we havè also been to èxpand our offering of support to the families of our young leamers through the offer of therapy sessions, whith have proved very successful. We are able to offer some parents 8 series of therapy session5 to SUPkxxI them a5 well as their child. We are findirKJ that this is of great benefit lo many of the families of the y)ung peOe that we support Our aim is to expand thts programrne and to offer this therapy in a broader way. We secured sryne addlinal fuwKJing 1£20.0(L) frown Evelyn Trust) 19 sUPPOrt our expansion ol this wvrk. The current and future school development plan5 will o)ntinue to be based on a fvll leW of our progress in all areas, particularly using Ihe Independent Sthwls Assockits"on's own Sell EvalUatn Procéss. The specrfic areas ol focus for the currenl academic year indude.. enharKing youth work provision, strengthening aspects of HR and governare., fUraiS1r0 stralegies.. and increasing usatAe space *ithin the n8w building. Members. liablllty The Members of the charity guarantee to contribule an rM)t exceeding £10 to the assets of the tharity in Ihe event of winding vp. With Special Thanks The special relationship5 that Red 8alkK)n Learner cent caMbrge has wth schools and local authorities in Cambridgeshire and beyond, and organisatitins and 1Th17aIS who prowde many types of support Isuch as the Leys school). all eontribthè to providing the best possible ejucalion and care for Ihose children that need our help. We are grateful to 811 the organisations and individual donors wtho have generousfy supported Ihe work that we do. In addth'on to Ihe supporters mentioned above. we woubj like to thank The Betty Lawes Foundation. Milton Hall Foundation Ltd, The Patricia Rouledge Charrtable Trust and The Pye Foundation. Page 7
RED BALLOON LEARNER CENTRE CAMBRIDGE {A company limited by guarant•el TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Statement of Trustees. rgsporffjibilities The Trustees (who are also Ihe directors of the tharty for the purposes of o)mpany lawl are responsible for preparing the Trustees, report and the fnanGial 5fatements in accorLlance applicable law and Uftited Kingdom Accounljng Standards (United lQ'ngdom Generalty Accepted A(xx)unting practi). Company law qUIS the Trustees lo prepare financial stslernents for each fmancial year. Under cornpany law, the Trustees must not approve rhe financial slatements unless they are satisfd that tw give a true and fair ew of the state of affairs of the thafty and of ts incomin9 resources a1 appIallon of sOurCes. including its incomè and exnditUr&. fL¥ Ihat rKY. In prepamg these financial statements. Ihe Truse5 are required to". select suitable accounlirKJ poltcies and then appty them 4XnSiStentty.' observe the methc¥Js and princbpies of the Charities SORP IFRS 102}", make judgments and accounting estimates that are reasonable and prudenL state whether applicable UK Accounting Standards IFRS 1021 have been folkjwed. subject to any maierial departures disclosed and explained in Ihe firbancial stalements." prepare the financial slaternents on the going basis UnSS bt is InapprOprle to presume that the charity will Contsnue in business. The Trustees arè responsible for keeping adequate accounting records that are sufficiènt lo show and explain Ihe charrtV5 transactions and disck)se asOnable accuracy at any time the financial position of the charity and enable them to ensure Ihat the financkql stalernents comply wth the Companies Act 2006. They are also iesponsible for safeguarding the assets of the charjty and hence for taking reasonable steps fDF the prevenb.on and ¢Jelection tsf fraud and other irregularities. Disclosure of inf<)nnati¢m to auditor5 Ea¢h of the rkrsons wfKJ arè Tntstees at tho lime lthen this Trustees. reFQrt ts approved has (Xmthrmed that.. so lar as that Trustoe is aware. there is no relevant aLwJrt A)formation of the charitys auditors arè unaware. and that Trustee has taken all the steps that ought to have been taken as a Trustee in order tg be awa of any levant audrt infomation 8nd to eslablish Ihat the thartys auditor5 are aware ol that infomiation. Auditor5 The auditor5. Lakin Rose knmrted, have inthated their willingness to continue n office. The designaied Trustees 11 propose a motson reapltg the auditors at a rneeti of the Tnjslees. Approved by order of the members of the board of Trustees c 22 May 2026 and sne on their béhatf a¢k P91{13Y22. Ztr2& 3..53pn} Mr Mark Patterson Chair of Truslees Page 8
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF RED BALLOON LEARNER CENTRE CAMBRIDGE Opinion We have audited the financial StateMts of Red Balthn Leamer Centre Cambridge Itme 'charitll for the year ended 31 August 2025 which comprise the statement of finanaal activrties. the balance sheet, the statement of cash fk)ws and the lated notes, induding a summary of swJnificant accounting Wiues. The financial reporting framework that has been applied in their weparation is applicable law and United Kingdom Accounting Standards. including Finanoal Rep¢Mb"ng Slandard 102 Thè Financial Repo"ng Stsndard applic8ble in the UK rtd Republ of Ireland. (United KingdcKn Genefalty Ated ALuuntI Practice). In our opInn the finarrAal ststements.. give 8 true and faw view of the ststé of Ihe charitable (x)mpanKs affairs as at 31 August 2025 and of its incoming resources ar applicabon of our¢e$, inciudwig tts income and expendrture for the year then ended". have been proFwly prepared in accordano Unrtet1 KThJdom Generally Accepted Accountin9 Prackn"ce," and have been prepared in acCOrdar with the requirements of the CompaThes Act 2006. Basis fgr opinion We conducted our 8udTI in aOrdanCe with Intemati(wl Slandards on Authb"ng IUKI IISAs IUKII and appIable law. Our re5ponsibilrtie5 under those StarardS a further descri1d in the Audrtor5' restxjnsibilities for tre audit of the financial stalefflents section of our ieport. We are independent of the charitaNe company in accordance ith Ihe 8thtsl requirement5 that are relevant to our audit of the financial sialements in thè United Kingdom. including the Financial Rekvb"ng Council's Ethtsl Standatd. and we have fuifille¢J our other Ethical respon5ibilitEs in accordance with thesè requirements. We tlieVe that the audit evidence have obtained is sufficEnt and appropriate to provvje a tSE$ lor our wnion. Conclusions relating to goin9 concern In audib.ng the financral stemenls. we have cOndjed that the Trustees. use ol the going concèm basis of ounting in thè preparatton of the finanaal statements is appfopiiate. Based on the work we have performed. we have not ents'fEd any materkql uncertainties relating to events or conditions that. individually or collectivety. may t3st signrficant dwbt on the chafilable c(rfnpanVs ability to continue as a going concem for a period of al least tsvefve months from vknen Ihe financial statemenls are authorised for issue. Our responsibilities and the respoWbl"eS of the Trustees VTth resFe¢t to going Tr)ncem are de%rib¢d in the relevant section5 of Ihis rep Page 9
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) INDEPENOENT AUDITORS. REPORT TO THE MEMBERS OF RED BALLOON LEARNER CENTRE CAMBRIDGE ICONTINUEDI Olher information The other information comprises the infomalion included in the annual retK)rt other Ihan the financial statements and 8u(litors' rewt thereon. The Truslees a fe5ponsible for the other inf{)rtiOn contained thin the annual report. Our q)•iion on the financial ststements dces not cover the other information and, except to the extent 01heise slated repJrt, we do not express any lom ol assur3 condusion thefeon. Our SpOnsIbl11ty is lo read the other infwnalon and, in doing so, cmsider whether the other informabon is materially inconsistent wrth the finanoal statements or our knovAedge obtained in the course ol the audit. or olheTh4i58 appears to bè materially misstated. 11 we identify such material inconsistencies or apparent material misstatements. we are required to determine vknelher this gives rise to a material misslatement in the financial ststements themselves. If, based on the work we have perfomied, we CclUd& that there is a material mBstatement of thi5 tsther infoffliatK)n. we aft required to report that fact. We have nolhing lo reFK)rt thi5 regarf. Opini¢)n on other matters prescribed by the Companles Act 2006 In our opinion. based on Ihe work uThJertaken in the COLwse of the audrt." thè information given in the Trustees. ReFK)rt for thè fmarrial year for the financk41 stalements are prePad is congslent with the financial statements. Ihe Trusteès. Report has been prepargj in acc(dare v•th applicable legal requirÈments. Matters on which we are required to report by èxception In the li9ht of our knowwe and understsndir#J of the chariatle company aThJ rts environmènt obtained in the course of the audit, we have Yentifd menal mi5Statements in the Trustees. Retw)rt. We have nothing to repNi in respeca of the folky•A'ng maiters in tK)n to Companies Act 2006 rèquires us to report to you rf, in our opinion.. adequate accountyn9 records have rnt been kepL rx rèturns athquate for oui a111 have not been reGeived from branches not vi8rted by LL8." or the finanoal ststements are not in agreement the accounting record5 arbd relums,. or certain dEdosures of Truslees. remuneration speofied by law are not mède." or we have rKSt receive(l al the inf0rfflatn and expan$ we require for otjr audsi or the Trustees were not entitled lo prepare Ihe finanual ststements in accordance with the small companies regime and take advantage of the small companies. exemptions in preparing the Trustees. Report aThJ from the requwernent to prepare a Strategic Rert. Poge 10
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) INDEPENDENT AUOThORS' REPORT TO THE MEMBERS OF REO BALLOON LEARNER CENTRE CAMBRIDGE ICONTINUEO) Responsibithties of trustees As explained more ftjlly in the tru5tees' $>sibIlItieS ststefflent, the TrtJ5tees (who are also the directors ot the charilable cornpany for the purposes of company lawl are re$sK)nsib for preparK)n of the financial slatements and for being satisfEd that they give a Ir and fair view. and for such internal control as the Trustees determine is necessary to enab the preparalion of fmanckgl statements that are free trc4n material misstatement, whether due to fraud Of error. In prepamg the finarmial $tsteMts. the Trustees a ressx)nsible fc¥ assessing the ¢haTitatA& ¢ompanYs ability to wntinue as a going concem. discfosing, as apiCable, matters related to goin9 cr and using the going concern basis of accounb.ng unless the Trustees erther M)tend to liquidate the charitabk ¢ompany or to cease operatiorLS, or have rwJ realistt¢ aliemative tyjt tg do so. Auditors. responsibilities for the aud4t of the financial statemef Our obJ"èctiV&S 8re to obtain reasonabje assurance abc#Jt whether Ihe financial statements as a %thole arè fr88 froffl materral fflis5tatement, whether due to Iraud or eryor, and lo issue an audiiors. report that includes our opiniorb. Reasonablè assurance is a high level of assurance. but i8 not a guaranlee that an audit conductèd in accordance wth ISAS IUKI 11 ahAfays detecl a material misstatement when Trl exists. Misslatements can arise from fraud or error and are considered material if. indmdually or in the aggregate, they could reaSonaY be expected to influence the economic de(isions of users laken on the basts of these financ1 statements. Irregularitie5, including fraud, arè instances ol non-compliance with laws and regulations. We design procedures in line wth our respI$1b11it$, Cwtlined aVe, to detect material misstatemènts in respect of irrÈgularitiÈs, including fraud. The extent to which woceduces are capae ol detethng irwularth'es, including fiaud is detailed k)r. Extent to which the audii was consKler&d capat4e ol dètectiNJ irregularitiès. including fiaud We entfy assess the risks of maler01 mtsstatement of the financial statements, whether due to fraud or error. and then design and perform audit procedu resp)nsNe tts those risks. iluding obtsining audit evidence that 15 sufficbent and apprcwate to pfovide a basis f our OniOn. Idenbty'ng arKJ awssing rtsks related to irregulafitses In identfying and assessing risks of material mi%ststement in res1 of irre9ularrt. irK4uding fraud and non- compliance wtth law5 and regulalions, we o)nsidered the follcwrKJ". the nabjre of the sectcy. conlrol environmenl and f{XManCe. results ol our enquiries of managernent abwt thetr cftml Identiation and assessment ofthe risks of Irregularits., any mattefs we ident[rd having obtained aThJ rewv•ed the charitrfs doUjmt0ti0n ol their policies and proce(lures relab.ng to". - identrfyKig. evaluab"NJ aThl comth'ThJ with and regulations and whether they were aware of any instances ol rK)n-wmpliance," - detecting and rèsponding to the risks of fraLwJ and whether they have kredge of any acthal, suspected or algert fraud: - the intemal contrds eslablth8(I to mthgate rtsks of fraLKI or norMplIanCe wlh law5 regulations", the discussK)ns among the audit engagement team and involwng revant intemal specialists regarding how and vthere fraud mwjht 0r in the financial stalements ano any pcrtential Ind10r$ of fraud. Page11
REO BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guaranttel INDEPENOENT AUDITORS. REPORT TO THE MEMBERS OF RED BALLOON LEARNER CENTRE CAMBRIDGE {CONTINUEDI As a result of these con5idere(I Ihe and inceniNeS that may exist within the organisation lor fraud and idenlffied the 9atest rotential lor fraud in latsOn to revenue recognition. In common wth audits under ISAS (UK). we a also required to Ferform speafK procedures to rèsF)ond to the sk of management override. We also otrtained an understanding of the kgal and regulatory frameworks that the charity operates in, focusing on wovisions of those laws and re9ulalions that had a direct effect on the determination of material amount5 and disdosures in the financial statements. The key taws and wulations we considered in th context inclu¢Yed the UK Chariis Acl. the UK Compar4es Act and UK lax leg15lati. In addition, we COnSKlered pro$10ft$ of other laws and regukb"s that do not have a diwt effect on the financial statemènts but compliance may be fundamental to Ihe charty's ability to operatè or lo avoid material penalty. We identified no suth LIw5 and regulations applicable to Ihe charity. Audit resFW)nw to risks mjenb"fd As a result of perforn)ing the atrJve. we I]hed revenue recwition as a key 8LMJit risk reied to the potential risk of fraud. Our pr(dureS to P)nd to rtsks kyenbfied the folhMNJ". reviewng the finanGkAI statement disdosures and lesb.ng to SUPFM)rting tlocumentatKJn to assess compliance With provisK)n5 of revant laws and regulatN)ns described as having a direct effecl on the rinancial statements.. enquiriTrJ ol managernent ncemIng acbjal arvj potentkal 1ft8t)n and claims,. perfomiing analytical pfocedures to identfy any unusual or unexpected relationships that may indicate risks of material mwtstètemenl due to fraud.. reading minutes of meetings of Ihose chaTge(I gov•mance'. obtained an understanding of provtsions and heky discJJssJns 7Mth management to undersland the basis ol recognititsn or n0n-reco9rNtn ol pr0¥7sMs." aThY in addressing the risk of Ira(Jd through managemeni ()verride ol cntrs, testing ihe appropriateness of Journal entrie5 and other adjustmenis., assessiNJ vhether the judyements made in making accounting estsmate5 a indutive of a p)tenttal bias.. and evaluating the t¢usiness ratronalè of any stgnifieant transadions thai ale unusual or outside the nornial c4)urse of business. We also cornmunted relevant identrfied taws and regulab(is and wteniial fraud risks io all engagement team members induding intemal s¢311Sts. and remained abert to any indtstions of fraud or non-compliance th L4ws and reguLitw)ns throughout the au¢JL A further description of our resnSIbl1eS for the audrt of the finantial slatements is located on the FancIal Reporting Councifs %%bsrte at". w¥ww.frc.or .uklaudTiorss nsibilibes. This descriptK)n forms part of our 8uditor5' repcwt. Pagè 12
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF RED BALLOON LEARNER CENTRE CAMBRIDGE ICONnNUEDI Use of our report This reFX)rt is rnade 501ely to the eharivs members. as 8 trrtmjy. in accordance wth Chapter 3 of Part 16 ol the Companies Act 2(. Our audtt work has beerb undertaken so that we rnht state to the chartys mernbers Ihose matters we are required to state to them in an audilors. report and for no other purpose. To the fullest extent permitted by law, we ok) not accepl or assume resnsibil to anyone other than the charity and rts members. as a body, for our audil work, for this report. for the opin$ we have fornd. Christopher Dougherty Isenlor statutory audltorl fof and on behalf ol Lakin Rose Llmlted Chartered Accountants Statutory Auditors Cambridge House Camboro Busines5 Pawk Girton Cambridge CB3 oaH Date.. 26 May 2026 Page 13
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantèe) STATEMENT OF FINANCIAL ACTNITIES IINCORPORATING INCOME ANO EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricied fvnds 2025 R•strictod fvnds 2025 Total funds 2025 Total funds 2024 Income from: Donakn"ons and IaeS Charitable activiti'es Investments other incc*ne 17,963 61,962 1.137.752 7.079 10.438 . 80,4T9 935,266 6.T67 9.100 1.137,752 7.079 10A38 Total income 1,199,268 17,963 1.217,231 1,031,612 Expgnditure on: Chariiatle actmties 1.055.307 10275 1,065,582 1.054,206 Total expen(liture 1.05S.307 10,275 1.065.582 1,054,206 Net movement in funds 143.961 151.649 (22,594) Reconciliation of funds- Total funds brtyjght foA¥ard Net movernent in funds 511.134 143.961 7,681 S18.815 151.649 541,409 (22,594) Total funds ¢arried forward 655.095 . 15.369 670.464 518.815 The Stslement of Financsal ActNrtLe5 indudes all gains and h)sses recogni5ed in the year. The notes on pages 17 to 34 f(xm pwt of IIw8 finan(ial ststèments. Page 14
RED BALLOON LEARNER CENTRE CAA18RIDGE (A company limited by guarantee) REGISTERED NUMBER: 10978174 BALANCE SHE AS AT 31 AUGUST 2025 2025 2024 Fixed a5set$ Tangible assets 12 78,162 59, T65 78.162 59.765 Current assets Detjtors 13 55282 665.057 30.877 497.363 Cash at bank and in hand 720,339 528,240 Current liabilities Creditors.. amounts falling due ¥bithin one 14 1128.037) (69. 190) Nèt ewrrènt assets $92.302 459,050 Total net assets 670.464 518,815 Charity funds Restricted funds Unrestricted fund5 15 15,369 7,681 Oesignated fund5 General lunds 15 15 78.162 576,933 59.765 451.369 Total unrestricted funds 15 655.095 511.134 Total funds 670.464 578.815 The Trustees ackrvthedge Iheir resr•x6its"hlies for cOmpln9 Vth the requirements of Ihe Acl with respgd to accounting records and prepardb.on of financial stements. The hnancial statements havè bèen prepared in a¢¢(dance Ihè provisiorts applicab to entitES subiert to the small compans regime. The fInarla1 statements We approved a1 auth0ri5ed for issue by the Trustees on 22 May 2026 and sKJned on Iheir behalf by. n INtsy rd, 2026. 'Alatterson Chair ol Trustees The notes on pages 17 to 34 fum part of these ftrla1 stalements. Page 15
RED BALLOON LEARNER CENTRE CAMBRIDGE {A company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Cash flows from 0ratIng ¥tivitiES Nèl cash genèraied in operating knrties 187.730 44.641 Cash flow5 from investing activities Interest receNae Pr(ed$ from thè sak of tangible fixed assets PLJr(*as& of taNJitAè fixed assels 7,079 52 6.767 127,1671 {59,397J Net cash used in investing adivitits 120.0361 152.630) Cash flows from financing activitiBS Nèi cash provided by finaneing actiV7tle$ Change In cash and cash equivalents in the year Cash and cash equNalents at the beginnry of the year 167,694 (7.9891 505,352 497.363 ash and cash equivalents at th• end of the )Yar 665.057 497.363 The rK)tes C pages 17 to 34 fcrn part of these finarKaal slatements Page 16
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarat)teel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Gen¢ral Infonnation The chanty is a prhvate chaiitable company limited by guardnlee and is incorporated in England and Wales. The address of the registered office is 4244 HNJh Street. Mimon. Cambr¥Jgeshire. C824 6DF. Accounting policies 2.1 8asi5 of preparation of finaneial statements The fancIal statements have been prepared in aco)rdance with the Charibes SORP {FRS 1021- AccouTrtrng and Reporbng by Charities." Slatement of Recommended Pracl¢e applicable to charities preparing their accounts in acry)rdanGe with the Firn0a1 ReFthing Stsndard applicable in the UK and Republ of Ireland IFRS 102} (Èffecttve 1 January 20191. the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companbes Act 2(K6. Red Balloon Le#mer Centre CamWJ¢ meets definition of a publ benefit enbty under FRS 102. A55els and liabilities are initkally recognised al hi5t(KKal <osl or transaclion value unles5 otherwise stated in thè relevant accounting policy. 2.2 Goin9 eoneem The Trustees have a reasonab expectatKtrn that the charity has adequate resourcès to Gtsntinue in operats.onal existence for Ihe foSeeable fLrture. For this reason they have adopted the 90ing concem basis in preparry Ihe firwual statements. 2.3 Legal sta$ of the charity . There is no share pital as the company is hmiled by guaraniee. Each MeMt has guaranteed an amount. not exceeding £10, loward5 the companls liabilit*s in evenl ol a wnding up, provideil that a member has nol ceased to be a member one ar prior to any wnding up order. Page 17
RED BALLOON LEARNER CENTRE CAMBRIDGE (A company limited by guateel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies l¢ontinuedl 14 Incorne AJI COme ts recognise(I ce the thanty has entdlernent to Ihe income. rt is probabk that the CC¥De will be TeceNed the amwnt of itome receivabl8 can te rneasured reliably. GraHts afe ClUded in the ststement of financial 8CtbWties m a receNable basis. The balance of income received for PUfPU5es bjt ntst expended dunTh3 the TIOd is shovm in the relevant funds on the balance sheet. Whefe income ks receNed in advance of entitlement of reIPt, its recognition is Oeferred and Wude(l in creditors a5 deferred income. Where enb"tlement occurs before income is reNed, the income is accrued. Where Ihe donated 91 15 a fixed a5seL measured at fair value. Un it is imFKaCt] to measure thi5 reliabty. in %%thich case the cost ol the rtem lo the ¢JO should Èe used. The gain is recognssed as ino)me from donatior6 and a corre5Frf)nding amouAt is inclucjed in the appropriaie rixed assel class and depreciated t)ver the uselul economic lile in 8¢xcdance vhth Ihe charity's accounb.ng policies. On rettipt. donated wofessional swvices and facilrties a recognised on the basis of the vahje of the gift to ¢he charity which is the amount it would have been wlling to pay lo obtain services or facilrties of equNalent economic benefrt the wnarket." a corresponding amount is then recognised in expeTh1iture in the per1 of receipt. Incomè tax fecoverabie in rat to irNestrnent r&)me recoanised at the bmè the inveslrnent income is receivabk. Olher Come i8 recognised in Ihe periryl in whith il 15 reCeN8b and lo the extent the g¢)ods have been provi¢d or on compleb)n of thè service. 2.5 Expenditure Expenditure is recognised On Ihere is a legal or constnxtive oblKJation to transfer econ<xni¢ tenefit to a third party. r( is probable trt a transfer of econom benefits will be required in setdement and thè amount OF the oblvJation can be measured relobly. Expenditure is classified by tivty. The c¥Jsts of each a¢b"vity are made up of the totsl of costs and shared costs, inclu(Jing support costs involved in undertaking each edbvity. Oirect costs attributable to a single activity are allocated directly to that actmty. Share(I costs which contnbute to more than one activity and gJpport costs whiGh are not aitribjiable to a single activty are aprtk)ned between those acDvrties on a basis consistent wthh the use of resources. stafl costs are allocate¢J on the basis of time spent. and depreuation charges allocated on Ihe rtiOn of the asset's use. Expendrture Charitab acb¥it is iu[red on direcuy undertaking the actmts.es whth further the ehariws objectives. as a5 any a5SLKted supwjrt costs. Al expeThJiture is iTh*Jsive of wrec¢)veble VAT. 2.6 Tangible fixed zssets and depreciation Tangible fixed assets are initi.alty recogntsed at cosl. After rewJnitn, under the cost model, tsngible fixed èssels are measured at cost less accumulated depreaaticffi and any accumulated impairmeTht losses. Al rnsls incurred to bring a tarKJible fixed asset into its inlended working Cdrtln shoLdd bB induded in Ihe measurement of cost. Page 18
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies (continued) 2.6 Tang•ble fixed assets znd dewttiation Icontinuedl DeprKiab"on is charge(I so as to allctate the cost of tangible fixed a55ets less their residual value over their estimaied useful live5. using thè straKJht4ine mèiF*rtl. DepTeoation is provvtsj cn the fThl(Mng bays.. Leasehokj Improvements Office equipmenl Computer equipment 10% 33% The assets. rewdual valuès. USefl I5 and dèpreoat¥)n methc¥J5 arè review, and adjusted ospectively rf appropriatè. c¥ rf there is an indicatN)n of a nl¢an1 (thange since the last reporting date. 2.7 Debtors Trade and olher deblors are rec3n•5ed al Ihe setllemenl amount after any trade discounl offered. Prepayments are valued at the arnounl prepatd net of any Irade discounts due. 2.8 Cash at bank and in hand Cash at bank and in hand indudes cash and short-terni highly IKiuid investments th a short fflaturity of three monlhs or less from the date of acquisition or opening of ihe deposit or similar account. 2.9 Liabilities and provisions Liabilrties are recognised when there 15 an obligaton al the balance sheet date as a $utt of a past event, it is probable that a transfer of eornIC tenefit w1 be required in setNement, and the amount of the settlemenl can be eslimaled reliably. Liabilities are recconised at the arnount Ihat the charity an11paleS it wll pay to seltle the debt the amounl it has received as advanced payments for the grA)ds ¢Y sewvKes it musl provKIe. Provisions are measured at ts best esb.mate of the amounts requyed to settle the oblKJaknon. Where the effecl of the time value of money is material. the proVisn is based on the present value of Ihose amounts, discounled at the we-tsx discounl rnie Ihat reflects the risks specific to the liabilty. The LmwiTrthng of the discounl is recwise(l in the ststement ol financtal 8Ctivities as a finance o)st. 2.10 Flnancial instruments The charity only has financial assets and financBI liabilities of a kind that quality as bas fanCIal instrumenls. Bas financial instrumenls are initially recDgnised at transaction value and subsequentty measured at their setllement value wrth the excepts.on of bank loans whh ar sub5equgntty measured at amortised cost using the effective interest mèthL¥J. 2.11 Pension5 The charity operates a defined contribution pensKx) scheme and the pension charge represents the amounts payable by the charrty to the lund in respert of the year. Page 19
REO BALLOON LEARNER CENTRE CAMBRIDGE IA campany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST202S Acetsunllng pollcies Iconllnued) 2.12 Fund accounting General fund5 are unrestricted fun(ts are awailable fw use at Ihe discretion of ihe Trustees i) furtherance of the general objeclives of the chaiity and have nol been designated for other purpose5. t)estgnated funds comprise unrestrKled fuThJs that have been set aside by the Trustees for Partur purposes. The aim and usè of each desvjnaied fund 15 set OLrt in the notes to the financial statements. Restiicted funds are funds which are to be used in accwdance wth speofic iestrictions imposed by donors or which have been raised by the charty for particuL4r purposes. The costs of raising and ministering sl fLmds are chargeLI againsl the speth fund. The aim and use L4 each Te8tricled fuThJ is set oul in Ihe notes to the financkql sl*rnents. Investment income. gains and losses are allctaied to the approwiate fund. Int¢)me from donat•tins and legacies Unrtstricted Restricted lunds funds 2025 202$ Total funds 2025 Total funds 2024 Donaticms Giants 38,280 42.199 17.963 26.963 43.999 17.963 61.962 80.479 Total 2024 53.196 27.283 80.479 Page 20
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Income from charitable activities Unrestricted funds 2025 Total funds 2025 Total funds 2024 lee 1.137,752 1,137,752 935.266 Total 2024 935.266 935,266 Investment incom¢ Unreslricted funds 2025 Total funds 2025 Total lunds 2024 Deposit account interesl 7.079 7.079 6.767 Total 2024 6.767 6.767 Other ineomlng resources Unrestrided fvnds 2025 Total funds 2025 Total fvnds 2024 School lunches iscellaneous income 7.747 2.691 7.747 2.691 6,770 2,330 10.438 10,438 9, 100 Tolal 2024 9, 100 9, IL¥J Page21
RED BALLOON LEARNER CEMTRE CAMBRIDGE IA company limited by 9uaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Anal15 of éxptfiditurè on eharitsble activitles Summary by fund type UnrestridÈd Restricted funds funds 2025 2025 Total 2025 Total 2024 TèachirvJ and SLVPXt of children aThJ y)un9 people 1.055.307 10.275 1,06S,582 1.054.206 To1812024 1.049.987 4,219 7.054,206 Analysis of expenditure by actsvilies A¢tivities undertaken dorectly 2025 Support eos 2025 Total nds 2025 Tot81 funds 2024 Teachry and of chIldn and JThJng 973,833 91,749 1.065.582 1.054,206 Tolal 2024 876.420 177,786 7.054,206 Page 22
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysi5 01 eyp¢nditure by •¢tivitios l¢ontifiu¢dl Analysis ol direct costs Total fvnds 2025 Tolal fijnds 2024 Activities 2025 Staff costs Deprecration Teaching se$ Therapy Gera1 resour¢es Food studenl travel and ac11ve$ Examinath"on fees $ClaI aCtivrtS Educational resour charitab donatn$ Turtion 804.593 8,713 5.739 9,343 2,402 16.608 10.782 2.313 4,768 8.695 8D4,$99 8.713 5,739 689,768 6,817 47 13,232 4,030 15.287 8, 747 4,097 3,235 9.542 2.402 16,608 10.782 2,313 4.768 8,695 5.591 1.683 5,591 4.981 919 23 Well-being Careers and college transil Rates and utilrties Staff welfare Rent 15.549 97 15,S49 97 .74.873 78 19. 130 787 95.596 182 74,873 78 Stsff and volunteef travel 973,833 973,833 876,420 Total 2024 876,420 876.420 Page 23
RED BALLOOM LEARNER CE14TRE CAMBRIDGE IA company lirnii•d by gualanteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysis of èxpenditure by activities Icontinuedl Analysis of support costs Total funds 2025 Total funds 2024 ztivitits 2025 Legal and professKJnal Support fee IRed Ballow Grwp) Training cx)sls Insurance 1.995 25.975 3,427 5.625 34.391 18.19J 3,427 5,625 34.391 18.190 3,887 5.479 44,670 15.403 60 20.480 25.248 1.025 10.025 17.594 Renewals and repai Offiee costs Bank fees Bad debts Loss on disposal of fixed assets Travel General expenses Govemance costs 1.308 18,384 18,384 91,749 91.749 177,786 Total 2024 177.786 177.786 Authtors. remuneratlon Thè audith, remuneration amounts to an audilor fee of £8.4CY) (2024 - £8.000), aThJ and a¢countancy swvices ol E3,31K)12024- £3. 1501. 10. Staff costs 2025 2024 Wages and salaries Social security costs Contrthtion to defined COntriblon pènsion ScMe$ 71B.808 58.750 27.041 627,441 39, 142 23. 185 804,599 6Bg.768 Page 24
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarant¢el NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 10. Staff costs {continuedl The average number of PÈfsons empknyed bythe chanty during Ihe yearwas as lolknws: 2025 No. 2024 No. EmpkJyee5 36 32 No empk)yee received mneral10n 8mountirg to more ihan £60.OJO in erther year. The Trustees consider Ihe key management petsne1 to ¢ompfise ihe CrdinatOr and Deputy Coordinators. The aggregale cost of remuneration of key management personnel duriro the year was £149.291 (2024- £149,685). 11. Trustees. remuneration and expenses During the 8(. no Trustees 1ved any remeratn or other benefi15 r2024 - £NIL). During Ihe ar, expenses iotalling £NIL were reimbursed or paid diredy to Trustees (2024 - £182 to I Trustee). The expenses related to 1MbUr5ernen1 of travel exSe$. Page 25
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 12. Tangible fixed assÈts Leasehold Fixtures and Computer improvements frttings equipment Total Cost or valuation At 1 September 2024 Additions Disposals 55.212 25.091 10.155 73.236 27,167 12.7701 2.076 {2.7701 At 31 August 2025 7.175 10.155 97,633 Dèpreciation At 1 September 2tr24 Charge for the year On disposals 3.781 2.012 {2,7131 9.690 465 13,471 8,713 12.7131 6.236 At 31 Augusl 2025 6.236 3.080 10,155 19.471 N*t book value At 31 ALwJusI 2025 74.067 095 78,162 Al 31 August 2024 55.212 4,088 465 59, 765 13. Debtors 2025 2024 Due after more than one year Other debtors 10.732 10, 732 10,732 10,732 Due wlthin one year Tra¢Je debtors Oiher debtors Prepayments and accrued ¢(ne 13.577 12.953 2.112 5.080 30,973 55.282 30,877 Page 26
RED BALLOON LEARNER CENTRE CAMBRIDGE IA corThpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 13. Debtors {eontinu•dl Included in other debtor5 due after more than one year is an interesl free loan to Red Balloon Learner Centre Group of £10.732 (2024- £10.732J is repaydbk at over 12 months. notice li.e. 366 days). 14. Creditors: Amounts falling du• within on• year 2025 2024 Trade cr8drtors Other taxation and socpl security Other creditor Accruals and deferred COrne 29.552 20.999 6,152 71,334 5.726 5, 165 6, 152 52.147 128.037 69, 190 Page 27
RED BALLOON LEARNER CENTRE CAhlBRIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 15. Statsment of lunds ststemènt ol funds- current year Balance at I September 2024 Balance at 31 August 2025 Transfers inlout Income Expenditure Unrestricted fund Designated funds Fixed assets designated fund 59.765 {8,7131 27,110 78.162 General funds General Funds 451.369 1.199.268 11.1146,S941 127,1101 576.933 Total Unrestricted funds 511.134 1,199.268 11.055.30n 655,095 Restricted tunds 16+ provis fund Erasmus project fufKi Duke of Edinburgh Awards Milton Hall IT grant Therapy- EveW Trust 379 6.692 610 379 6,692 823 10.1)00 7.140 11.395) 10.000 11,740) 18.8801 7.681 17.963 110.275) 15.369 Total of funds S18.815 1.217.231 {1,065,5821 670,464 Page 28
RED BALLOON LEARNER CENTRE CAMBRIDGE IA c¢)rnpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 15. Statement of fvnds {continuedl Oesignated Funds The Fixed assets designated fund represents Ihe nel bcok value of fixed assets. Restrict•d Funds 16+ prOvioN fund - Grant recee from Qua*omm to wovvje transOn supp)rt lo lormer students as they move into further education. traiiing and emph)yrnenl. Erasmus project fuThJ - Fundiro for a colkborative pr(yert betren a grrp of %kn)Is the UK, Cyprus and Poland. Duke of Edinburgh Awards fvnd- Donakns towards Duke of Edinburgh Awarfs rdated expenses. Milten Hall IT grant- Grant for IT equyllI whth is to be spent in 2025r26 Therapy- Evelyn Trust - Grants towards costs of family thernpy. Grant income has been recewed post year end whh will dear the ar end luThJ deftit. Page 29
RED BALLOON LEARNER CENTRE CM18RIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 15. Statèment of funds (continued) Statemgnt of funds- prior year Balancg al I Seplembei 2023 Balance 8t 31 Augusl 2024 Transfetr inlotsl IfKome Exnd Unrestricted fund¥ Designated funds Ftted assèts d&svJnated fund (6,817) 66.582 59.765 General Funds 531.724 1.004.329 (1.043. 170) (41,514) 451.369 Totsl Unrestricted fun 531.724 1.004.329 (1.049,987) 25,068 511. 134 Restrided funds Parent support fund 16+ provision fund Erasmus project fund Duke of Edinburgh Awards Kitchen refurbishment Lab refurbishment. 2,274 719 6.692 12,274J {340J 379 6.692 610 2.215 {1,605) (5.068) I20,06) 27.283 (4,219) (25.068) 7,681 Total of funds 541.4( 1.031.612 (1.054.206) 518,815 Pa9e 30
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGVST 2025 15. Statement of funds Icontinuedl Designated Funds The Fixed assets desvJnated fund represents the net tM)ok value d fixed assets. Restrlcted Funds Parent suppyt furKJ - t)onation5 r1ved from CO-OP to support pantS wa parènt s¥Jpport group and Family therapy. 16+ provis(( fund- Grant received fr< Qualcomm to provide tran5ffK*) SUPPOrt to fomier students as they move into further education, training and emplwent. Erasmus project fund - FundiryJ f a colatWaiNe pr(4èCt telween a group of schools the UK, Cyprus and Poland. Duke of Edinburgh Awar(Is lund- Donab"ons tthvards DLth of Ednburgh Awards related exwn5es. Krtchen relurbishment fvnd- Grnnts ttr•rards the costs of the new kitchen. Lab furf0ishMent fuThJ- Grants knvards st of a new scierrE latoratory. 16. Sumrnary of funds Summary of funds - current year Balance at 1 September 2024 Balanet at 31 August 2025 Transfers inlout Income Expenditure Designated funds General funds R?slrict8d fund5 59.765 451.369 7.681 18,7131 11,046.5941 110.2751 27.110 {27,1101 78.162 576,933 15.369 1.199.268 17,963 S18.81S 1.217.231 11.065.582) 670,464 Page 31
RED BALLOON LEARNER CENTRE CAMBRIDGE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 16. Summary offunds Icontinuedl Summary of funds- prior year Balance al I September 2023 Balance at 31 Augusf 2024 Transfers in/oul Irm Expendilur Designatèd fd5 Genernl funds Restricted funds (6.817) l.CQ4.329 {1.043, 170) 27.283 (4,219) 66.582 (41.514) (25,Q68) 59,765 451,369 7,681 531.724 541,417J 1.031.612 (1,054,206) 518,815 17. Analysi5 Ot nel assets bètween funds Analysis of net assets betwe fvn¢ts- Current year Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Tangftjie fixed assets Oebiors due after morè than ce Current asseis Creditors duè wthin one yèar 78,162 10,732 ,238 (128.0371 78,162 10,732 709.607 {128.0371 15.369 Total 655.095 15,369 670.464 Analysbs of net ats between fvnds- prior year UnStrictd funds 2024 Restricted funds 2024 Total fvnds 2024 Tangib fixe(18ssèts Debiors after more Ihan ontr year Current assets Creilitors due wthin 59.765 10.732 509,827 (69. 190) 59.765 10,732 517,508 (69, 190) 7,681 Total 511. 134 7,681 518,815 Page 32
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limlted by guarantèè) NOTES TO THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 AUGUST 2025 18. R¢ncIlIation of net movernent in funds to nel cash flow from ¢)pÈratin9 activitie 2025 2024 Net incomelexpenditwe for the yBar {as per Statemgnt of Finanryal Activities) 151,649 122,594) Aljustments for: Deprecialiw charges Inlerest recewable Loss on the (sposal of fixed assets Increase In debtors Increase in uéditor5 .713 (7,0791 6,817 f6, 767) 25.248 fl.015) 42.952 124,4051 58.847 Net Cash provided by opernting activities 187,730 44,641 19. Analysis of cash and cash equivalents 2025 2024 Cash in harY 665,057 497,363 Total cash and cash equlvants 665,057 497.363 20. Analysis of changes in net debt At1 September At31 2024 Cash flows August 202S Cash * bank and in harKI 497,363 167.694 665.057 497,363 167,694 665,057 Page 33
RED BALLOON LEARNER CENTRE CAMBRIDGE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOEO 31 AUGUST 2025 21. Pension commitments The charity operates a defined 0yitrlbutK pension SLtheme. The assets of the schemè aré held separately from Ihose of the charity in an independently adMlste fund. The pension Gharge represents conlribution5 payable by the charty to the fund and amounted to £27,041 12024 - £25, 185). Contributions of £6,152 (2024 £6. 152) WEre pajgbje to tho fund at ts balance sheet date and are IndtKJed in creditC¥S. Op•ratin9 lease commitments At 31 August 2025 the charity had crnments to make fuiure minimum lease payThènts under non- cancelIab 0ratIng leases as follows.. 2025 2024 Not laler than 1 year Later than l year and not later than 5 years 77.500 200.208 51.667 277, 708 277.708 329.375 Page 34