Nurture Education Trust Ltd

Registered charity 1117092 · accounts filings on the Charity Commission register · also known as RED BALLOON - NORWICH, RED BALLOON/BARNARDO'S NORWICH

To advance the education of students aged 9 to 18, the students being the victims of trauma caused by severe bullying, family breakdown, bereavement, rape etc and for the time being unable to attend mainstream schools. To provide a safe learning environment until they are ready to return to mainstream education or employment

Causes: Education/training · website · Get email alerts

Latest income
£1.4m
Latest spending
£1.4m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £51,479 for the year, resulting in a decrease in total funds from £574,273 to £522,794. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (97% of income)
“Total income 1,329,870 37,039 1,366,909” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three and a half months free reserves or £150,000 whichever is the greater (held: £503k)
“It is the policy of Red Balloon Norwich to maintain at least three and a half months free reserves or £150,000 whichever is the greater.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Morphry Thyme Ltd, a company in which Ben Aldridge (trustee) is a director of, invoiced the charity £13,695 for bookkeeping services, £1,640 was outstanding at the year end.
“Morphry Thyme Ltd, a company in which Ben Aldridge (trustee) is a director of, invoiced the charity £13,695 for bookkeeping services, £1,640 was outstanding at the year end.” — page 26
“Limelight Theatre Company and Limelight Studios (Norwich) Ltd, which Zelda Rolfe (trustee) is owner and director, were paid £42,863 for studio rent and classes.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Limelight Theatre Company and Limelight Studios (Norwich) Ltd, which Zelda Rolfe (trustee) is owner and director, were paid £42,863 for studio rent and classes.
“Morphry Thyme Ltd, a company in which Ben Aldridge (trustee) is a director of, invoiced the charity £13,695 for bookkeeping services, £1,640 was outstanding at the year end.” — page 26
“Limelight Theatre Company and Limelight Studios (Norwich) Ltd, which Zelda Rolfe (trustee) is owner and director, were paid £42,863 for studio rent and classes.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Inspiration Trust, a charity in which Emma Culley (trustee) is a governor, were charged £3,903 by Red Balloon - Norwich for tuition fees.
“Morphry Thyme Ltd, a company in which Ben Aldridge (trustee) is a director of, invoiced the charity £13,695 for bookkeeping services, £1,640 was outstanding at the year end.” — page 26
“Limelight Theatre Company and Limelight Studios (Norwich) Ltd, which Zelda Rolfe (trustee) is owner and director, were paid £42,863 for studio rent and classes.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sumer Auditco Limited. Discloses 5 of 6 completeness components.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.4m
Total spending
£1.4m
Reserves (reported)
£503k
Employees
32

Reported reserves equal ~4.3 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cambridgeshire · Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
31/08/2025£1.4m£1.4m
31/08/2024£966k£873k
31/08/2023£539k£564k
31/08/2022£590k£546k
31/08/2021£652k£609k

Common questions

Is Nurture Education Trust Ltd financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £51,479 for the year, resulting in a decrease in total funds from £574,273 to £522,794. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Sumer Auditco Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE REECE FOUNDATION1£90k
MYISRAEL1£20k
THE BURBERRY FOUNDATION1£11k
THE ROTHLEY TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NURTURE GROUP NETWORK LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Nurture Education Trust Ltd£1.4m—0above—no doubt
THE NURTURE GROUP NETWORK LIMITED FY2025£2.1m£80,001 - £90,0001within—no doubt
ERMINE EDUCATION TRUST FY2024£3.1m—0unclear—no doubt
CAREDUCATION TRUST LTD FY2025£133k—0unclear—no doubt
THE NORTHUMBRIAN EDUCATIONAL TRUST LTD FY2025£2.9m——below—not going concern
BEECH LODGE SCHOOL LIMITED FY2025£4.0m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.