RED BALLOONS
Promotion of the benefits of physical exercise on mental and physical wellbeing. Support to choose and take part in suitable activities and promotion of healthy lifestyle to support wellbeing.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £50,325 against a trustee policy target of three months of expenditure. The charity reported a net income surplus of £120,833 for the year, increasing total net assets to £229,642. No material uncertainties or going concern risks were identified by the independent examiner.
What the accounts disclose
“The trustee’s objective is for the charity to have reserves that equal at least 3 months expenditure.” — page 4
Trustees
- JONATHAN ROBERT CARLINGchair
- Catherine Wakeling
- Dr Catherine Frances O'Neill
- Miriam Sigsworth
- Nigel Christopher Hornsby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 13/05/2025 | £305k | £184k |
| 13/05/2024 | £191k | £111k |
| 13/05/2023 | £62k | £50k |
| 13/05/2022 | £39k | £22k |
Common questions
Is RED BALLOONS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £50,325 against a trustee policy target of three months of expenditure. The charity reported a net income surplus of £120,833 for the year, increasing total net assets to £229,642. No material uncertainties or going concern risks were identified by the independent examiner. Its FY2025 accounts were independently examined.
Who funds RED BALLOONS?
Funders whose own accounts filings name RED BALLOONS as a grant recipient include MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY | FY2023 | £5k | |
| MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY | FY2022 | £5k | |
| MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY | FY2024 | £600 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 07/04/2025 | £30k | Millionaire Street 2025 04w5 |
| The National Lottery Community Fund | 25/02/2025 | £20k | Red Balloons Ramblers |