Red Balloons Report of theTrusteesand unaudit￿ Financial Statements forthe Year Ended 1310512025. Rwstered Number.. 1194467 AEScott & Co Limited kcountant nt of h Fin atemen Pa8e Report of theTrLSStee5 Independent Examlner's Report Statement of Financial ￿tIvitieS 8alanceSheet Notesto the Financial Statements 10-12 rth Y End The trusteespresent their report with thefinancial Statementsofthecharltyforthey￿ ended 1310512025. The truslee5 haveadopted the provisions of kcounting and Reporting byCharities= Statement of Ilecommended Practice applicableto charities preparingtheir account5 in accordantewith the Financial Reportingstandard applicable in the UK and Republic of Ireland IFRS 1021 leffectlve l January 20191. Objertlvltes and Activttles Principle Objectives, Activities and khi•￿mentsf0r the public benefit Objettives The purposes of the charity are specifically focused on thefollowing: -to promote and protect the physical and mental health of the public by raising public Jwarenessthrou8h ucation and training in all afeas relatin8 to mental health. -to provideactivitiesto protect and preserveBood mental and phy%cal health. -to reduce the stigma and myths surrovnding mental health. Public Benefit The trUSt￿(on￿rM that thty havecomplied with their dutiesunder the CharltiesAct 1011 to havedue regard to public benefit guidance published bythe Commission. Thetrustees refer to thecharity's alms and objectives in planning fijture activities. In particular. the trusteesconsidtt how planned ￿tIvitieS will contributeto the aims and objectivesthry have set. The Charity iscommitted to workin8 tO8ether with service users the local community. organisations and health profess40nals, to offer an inclusive and safe space for people to learn to manage thwr physical and mental health, with a network of 5UPPOrt behind them. The charity is dedicated to helping biJ41d a happier and healthier environment. where m8bt31 health can be dixussed as openly and asconfidently as physical health. A¢hlevernent and Perforniance CharitablèActivites Activities Walk and Talk-walks are now available daysa week and we have ateam of 30 Volunteers. ALtual attendeesat walk and talks stands at 3007 fortheyear with 385 individualssUPPOrted throughout the period. Red Balloons Ramblers-Fundin8 was secured by National LotteryAwards For All to run this project to September 2024 with lurtherfvndift8 secured to restart in 2025. The schedule includeshikes. fitness and mobility se55ions, Moijntain and Navigation Skillsand Mountain First Aid. A Residential and Challenge Walks were arran8ed in Swaledale for September 2024. There wasa small budget that allowsfor buyin8 uipment and transport forthose who requirethe*. OUT Aim isto cr&itea sdf-wstainable hlking peer support group of this cohort, with a nthv cohort in 2025. Lived Experience Forums-currently active: Hartlepool and Stockton and Redcar and Cltveland. Meeting hdd this week about potential to launch in Darlinglon. This has been a catalyst in raising Red 8alloons profile acrossTees Valley. Our aim isto devdop a Forum in Darlington, and a150 a Tee5Valleywide Forum to work at a strategic level. Peer Support Network-officially Iwnched in Novembtr 2023. A De4elopment Workerwas employed on this project and the Network continuesto develop with 300 indivTrdval members and 18D organisations18roupsthat offer peer support. Grant fvndin8 isavailableforthe8roupsto applyfor to devdop new peer support activitiesacrossTees Vallry. We have moved upstairs in the office building where we'vebased and now have 3 office5 plusa community member room for dropinsand a social spacefor community members. We have a hot desk area and other organisations use this 5paceand rwilarlywork along&deus. Throughout the year we have been lookin8to securecorefundin8fortheCharity and hwe been succes5fiJl in 5ecurin8 thi5 fof 3 year5. Red Balloons service usersvoted lag year that theywould Ilketo be known ascommunity MembersBoin8 forward. Wehavestarted a Communitycommitteemadeup olstaff and communitymembersand the committee are now involved in decision makin8 in thecharity. We have also set up a Fundraign8 committee made up of st8ff. volunteers, trustees and comrnunity memberswho will berunnin8 bjndrais1n8￿entS and challenges. Social media eft8a8ement increased. whrch brought awareness of and education on mental health to a wider public audienceand challenged the myths surrounding mental health. Thecharity also offersa messa8in8 servlce on social media to assist the more vulnerable member5Wlth issues re8ardingtheir mental health or si8npost them to the rele4ant service. Fundraisingactivities continueincludingfundraisingchallenge55uch asour annual Yorlshire 3 Peaks Challenge. Volunteers play a crucial role within thecharity, and th￿ are inte8ral to theeffectlve ddivery ofthe services and its success. The charity rs proud of the fact that all of the people who volunteer thartimeto our charity are people with lived experience of mental health i55ues. In order to offer thisBrowing number of seTvice5a reyruitment drivefrjr volunteers will betakin8 place and we continue to use a robust volunteer recruItm￿t programme and training in orderto ddiver the appropriate servicesand wellbwn8ses90n> Flnancial Re¥iew Flnancial RLwiew & Reserves Policy TheTrusteesof the charity periodically review the lÈweJ of reservesand arefocused on continuin8to build reservesto ensure the sustainability of thecharity. The revie*4 considersintome and expenditure streams. The trustee'sobjective isforthecharityto have reservesthat tyual at least 3 months expenditure. The Statement of Financial ktivities5howsa total incomefor theyear of £304.870. Income from grantstotaled £241,337 Income from donations amounted to £12,754 and from charitable activities amounted to £48,701, interest amounted to £2,078. TheTrustees, staff, and volunteÈrsare 8ratèful to all theindividuals and businessesthat havemade donationsto the work of thecharity over the year. The balanceasat 13th May 2025 was £229.642. of which £80.429 wasunrestricted fvnds with the remainder being restricted fvnd& Future Plans The chariws fvture plans includecontinuing to promotethe Walk and Talk groups in thevarious Locations and start to expand into North Yorkshire and County Durham. We plan to continuewith the Ramblers Projert for those ready to takethe next step tn their mental wdlbeingthat provides more of a ch?Ilen8e. Our messaging service and privateonlinewellban88roup will corttinuealongsidethe Peer Support Network and Lived Experience Forums. FLttUfe fvndlai￿ng activities will includetheYorkshireThreePeaksChallenBe, local supermarket fundraising activitiesand social media contwt on mental health information and assistance will continue to be promoted. Our Community and Fundraising Committeesare lookingat creatingtheir own challenges and ￿entS to help support the charity. Volunteers and staff are key to Ihesuccess of the charity and hence thecharity will continue to rttruit yjitablecandidatesto a￿$t in the delivery of the servic TheTrustees have set up a working 8fOUP to explore whether and howto Set up a ComThunity Interest Company that would be ableto generatefundsto yjpport thecharity. Strurtu￿, Go¥ernance and Management Governing Document Red Balloons isa registered Charitable Incorporated Organisation ICIOI, number 1194467 incorporated on 14 May 2021 and iscontrolled by itsgoverning document. Newtrustees are appointed bytheexistingtfustees. On appointment newtrv5tees sign i model trustee declaration statement committing them to givingof th￿r tbmeand expertise. ￿1 trusteesgive of their timefreely and no trustee remuneration was paid in theyelr. At thebi-monthly trustee< meetings thetrustees agreethe broad stratebry and areasof artivity for the Charity, includin8 consideration of grant makin& investment, rewve5and risk management policies and performance. Thedayto day administration of thecharity isdelegated to theCEO and staff Team. Trustee recruitment commenced in December 1023 and hès continued sincethen. A ne￿ frustee was identified and joined the Board aschair in November 2024. and two furtherTrustees joined theBoard in March 2025. Thecharity Commission has been updated to show these chan8es. Statement of Trustees Respon5bilitles The trustees are responslblefor preparlng theTrustee< Report and thefinancial Statern￿t$ in accordance with applicable law and United Kingdom kcountin8 Standards. The law applicableto ch•rities in England and Wales requiresthetrusteesto prepare financial statementsfor each financial year which 8ive a true and fair view of the Stateof affairsof thecharity and of the incoming resourcesand application of resources of the charity forthat period. In preparin8thesefinart¢ial statement5, thetrusttes are required to.. -5elecl Suitable accounting policiesand then apply them cons55tently- -Observethe methods and principle5 of thecharities SORP - Makejud8ements and estimatesthat are reasonable and prudent. - State whether applicable UK accountin8 Standards have been followed, subject to any departures disclosed and explained in thefinancial 5tatements,' ènd.. - Preparethefinancial statements on thegoingconcern basis unless It is inappropriateto presumethat the charity will continue in buyne5S. Thetrustees are responsiblefor keeping accounting records whlch disclosewith reasonable accuracythe financial position of thecharity and enablethem to ascertain to ensufe that the fin￿Cial statements comply with the Charities Act 2011 an(J the Charity Ikcounts and Reports) RegLblations 2008. They are also responsiblefor safeguarding theassrts of the charity and hencefor taking reayjnable stepslor the prevention and detection of fraud and other irregularities Reference Administrati¥e Detslls Reglstere(I Charity Number Registered OfficeAddres5 1194467 EnterpriseHoux 6-8 Yarm Road. Stocktonon-Tees, TS18 3NA Trustees Jonèthan Carlin8 Ichair-frorn November 20241 Claire Oaff Jason Hamon Emmamcoonald CatherineWakdin81from March 20251 Chief Executive Leigh Trimble Independent Examiner A Escott & Co Limited. 2 Vargty House, Falcon Court, TS18 3TS. Approved byorder of the board oftrusteeson 1510812025 and signed on it5 behalf by= Jonathan Carlin8 Chair of Trustees In min rs'R ort o theTru ofR Ballo n& Independent Examlner'srewttothe trusteesof Red Balli￿n$ I'the companV}. I report to thecharity trusteeson my examination ofthe￿C0Unt50fthecompaDvfr)rthe year ended 1310512025. ResPOn￿bIlItes3nd Baslsof Report s thetrustee50f thecharity you are resporbsiblefor thepreparation of thefinan¢ial statements in accordancewith the requirementsof the CharitiesAct 20111'theAct'l. I report in respect of my examination of the charity's financial statementscarried out undersection 145 of the 2011 Act and in carrying Out my examination I have followed all the applicable Dir￿tIOnS81¥en bythe Charity Commission under section 1451511bl of theALt. Independent Examlner'sStatemeDt I have completed my examination. I confirm that no matters have cometo my attention in connection with the examination giving mecauseto b￿l￿e.. >accounting records were not kept in re4iect of thecharity as required by section 130 of thekt- or >theaccounts do not aCCOTd with those records,. or >thefinancial statements do not complywith the applicable requirements concwningtheform and content of accountsset out in ihe Charities Ikcounts and Reports) Re8ulations 2008 otherthan any requirement that the o¢counts8ivea'trueand fair. vie* which is not a matter considered as part of an independent examination. I have no concernsand havecomeacr055no other matters in conntttion with thee¥amination to which attention should bedrawn in this report in orderto ￿atslea proper understanding of the x¢ountsto be reached. Ben Philllp5FMAAT A E Scott & Co Llmlted Varsity House. 2 Falcon Court Stockton on Tees TS18 3TS Date 1510812025 ement of Fin for the Year Ended 13 05 20 Unrestrtcted Funds Restflcted Funds 13105n025 1310512024 Total FJnds Total Funds Notes Income Donations& Legacies Grants CharitableActivities Interest 12.874 S0,SOI 21,240 2,078 12.874 248,378 41,54Q 2,078 5,935 146.949 37,531 ioi 197.877 20.300 Total 86.693 218,177 304.870 190,516 Expendlture Charitable Activitie5 42,143 141.894 184.037 111,247 Net IncomelExpendlture 44.550 76.283 120,833 79.269 Reconclllatlon ol Funds Total funds brought lofward Accrued Expenses 5.775 2,439 103,034 108.809 2,439 29,540 Total fvnds carrled forward 52,764 179.317 232,08L 108,809 Balancesheet 13 05 Unrestricted Funds Restricted Fund5 1310512025 1310512024 Total Funds Total Funds Noies Current Assets Cash at bank and in hand 52.764 179.317 232.081 108.809 52.764 179.317 232,081 108.809 Current Liabilltles Accrued Expenses 2.439 2.439 2.439 50.325 2,439 229,642 108.809 108,809 Net Currtnl Assets 179.317 Net Assets 50,325 179,317 229,642 108,809 Net Assetsllepresented By Re5tritted Funds Unrestricted Funds 179.317 50,325 103,034 5.775 Total Net Assets 229,642 108,809 Thesefinancial statements wereappro¥ed bythe board of Trustees and authorised for issueon 0911012025 and were 5 behalf by: Jonathan Carling TrLFStee tatements for the Yeaf Ended 13 05 l. General Infvrmation Red Balloons is a public benefit entity, and a registered charity in En8land and Walesand is unincorporated. The registered officeaddres5 can befound in theTrustees' Report. The financial statements are presented in sterling which isthefvnctional currency of thecharitable company and rounded to the nearest £. The significant accounting policiesapplied in the preparation of the5efinancial statements are set out bdow. These policies have been consistently applied to all years presented unless otherbvise stated. 2. AccountlnB Pollcles These financial rtatements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and theRepublic of Irdand,. thestatement of Recommended Practice applicableto charities Preparin8 th•r accounts in accordancewith the Fbnan¢ial Reportin8Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and thecharities kt 2011. Income Items of income are recognised and irhtluded in theaccountswhen all thefollowin8Critwsa are met.. - The charity have entitlement to thefvnds. . Any performanceconditions attached to the itemlsl of income have been met or arethjlly within the control of the charity. . There is sufficient certalnty that recapt of thelncome is considered probable- and - The amount can be mea9Jred reliablv. Incomefrom charitable activities include5income recognised asearnoj lasthe related 8oodsor service5 are providedl under contract or whereentitlement to 8rant fvnding issubject to specific pwFormance conditions. Grant income included in thi5Cate80ry provide5 funding to support pro8ramme activities and 15 recognised wherethere i5entitlement, certainty of receipt and theamount can be me39Jred with sufficient reliability. There 15 no nettin8 off within the accounts. Expendlture Liabilitie54re reco8nised a5 ￿on asthere is. a legal or constructive obligation committingthe companyto the expenditure. All expenditure isaccounted for on an accruals basis and has been clasgfied under headin8$ that ag8re8ateall costs related to the category. It includes attributableVAT which Cannot be recovered. Charitable expenditufe comprise5thosecost5incurred bythecompany in the deliveryof itsxtivitiesand services for its beneficiaries. It includes both coststhat can be allocated directlyto such lrtivitiesand those costs of an indiiect nature necessaryto support them. Support costs includecentral fijnctionsand have been alloc*ed to activity cost tate8ories on a basis consistent with theuse of r￿￿UrceS fDr example. allocatin8 propertycosts by fioorareas. or per capita, staff COSt5 by thetime spent and other costsby usage. Governancecosts include thoseincurred in thegovernanceof the charity which are associated with the constitutional and statutory requirement Taxation The charity isan exempt charitywithin themeanin8 of Schedule 3 of theCharitiesAct 2011 and is considered to passthete5ts set out in Paragraph I Schedule6 Financekt 2010 and Ihefknfe it meetsthe definition of a charitable companyfor UK corporation tax purposes. Fund Accounting Unrestricted incomefund5aregeneral fundswhich areavailablefor use at thetrustttgdlscretion in furtheranceof the objectives ofthe company. Restricteil fvnds arethosedonated foruse in a particular area or for speclfic purpose¥ the use of which Is restricted to that area or purpose. Cash at bank Cash at bank and cash in hand includescash and short term highly liquid inve5tment5 Vlith a short maturity of three months or lessfrom thedateof acqui￿110￿ or openingof thedeposit or ￿Mil1rac¢0uftt. 3. Donatlon5 and Lewles 1310512025 1310512024 12.874 5,935 248,378 146,949 261,252 152,884 SundryDonations Grants 1310512025 13105n024 Grant5 received. included in theaboveare as follows: the National Lottery Community Fund- Reaching Communitre5lpartnerships- Walk and Talk the National Lottery Community Fund- Reaching communitie￿PartnershIp5- Core Project Catalyst Funding Greg85 Foundation Garfield Weston Stockton Borou8h Council NHS Coop Gfoundwork UK 15.042 30,085 30.105 750 22.000 25,000 12.$00 135,940 114,859 1,630 375 146,949 248,378 4. Charitable Aftl¥ltles Co#s Marketing and Publicity Staff Costs Direct Dellvery Costs Volunteer Expense5 Administration 1,570 65,219 92.739 1,609 22.900 3.287 72,832 19.679 4,478 10.971 184 037 111 247 5. Tru5tees' Remuneratlon & Benefits 1310512025 Remuneration Benefits Expense5 6. Staff Costs 1310512025 1310512024 61,837 70.493 3,382 2,339 Wages & Salarle5 Other Pension Costs 65,219 72,832 1310512025 1310512024 The average monthly number of employees durlngtheyear wasas follows- No employees recaved emolumentsin exctss of£60.000. 13105ft025 1310512024 The total amount of employee remuneration benefits received by key management perxinnd was: 7. Related Pty Dlsclosures There were no related partytransactionsfor theyear enda4 1310512025. 8. Control Relatlonshl The charity is under thetontrol of the board of trustees asnoted above.