CCEW Charity Commission profile

BALLOON VENTURES FOUNDATION LTD

Registered charity 1141552 · organisation 5018189

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
21 April 2011
Removed
Not supplied
Company number supplied
07596900
Financial period
1 April 2024 – 31 March 2025
Latest income
£2,289,459
Latest expenditure
£1,042,942
Gift Aid
Yes
Owns or uses land
No
In administration
No
Insolvent
No
CIO
No

Public contact address: 73 Mount View Road, London, N4 4SR

02 Activities

What the charity does

BVF and its wholly owned subsidiary Balloon Ventures ltd are dedicated to the relief of poverty and hardship in developing countries initially focusing on Kenya and Uganda. We provide support, training and loan finance to small businesses to help them grow and create good jobs. In Kenya we also support an orphanage in Busia.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 January 2026
Date Annual Return Received
13 October 2025
Date Accounts Received
13 October 2025
Total Gross Income
£2,289,459
Total Gross Expenditure
£1,042,942
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 January 2025
Date Annual Return Received
26 October 2024
Date Accounts Received
26 October 2024
Total Gross Income
£2,149,257
Total Gross Expenditure
£1,069,831
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 January 2024
Date Annual Return Received
13 October 2023
Date Accounts Received
13 October 2023
Total Gross Income
£1,444,998
Total Gross Expenditure
£706,683
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 January 2023
Date Annual Return Received
2 November 2022
Date Accounts Received
2 November 2022
Total Gross Income
£640,770
Total Gross Expenditure
£526,696
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 January 2022
Date Annual Return Received
23 November 2021
Date Accounts Received
23 November 2021
Total Gross Income
£686,481
Total Gross Expenditure
£542,129

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
13 October 2025
Total Gross Income
£2,289,459
Total Gross Expenditure
£1,042,942
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
1
Count Salary Band 70001 80000
1
Count Salary Band 80001 90000
0
Count Salary Band 90001 100000
0
Count Salary Band 100001 110000
0
Count Salary Band 110001 120000
0
Count Salary Band 120001 130000
0
Count Salary Band 130001 140000
0
Count Salary Band 140001 150000
0
Count Salary Band 150001 200000
0
Count Salary Band 200001 250000
0
Count Salary Band 250001 300000
0
Count Salary Band 300001 350000
0
Count Salary Band 350001 400000
0
Count Salary Band 400001 450000
0
Count Salary Band 450001 500000
0
Count Salary Band Over 500000
0
Count Volunteers
1
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
26 October 2024
Total Gross Income
£2,149,257
Total Gross Expenditure
£1,069,831
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
1
Count Volunteers
1
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
13 October 2023
Total Gross Income
£1,444,998
Total Gross Expenditure
£706,683
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
2
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
2 November 2022
Total Gross Income
£640,770
Total Gross Expenditure
£526,696
Charity Raises Funds From Public
No
Grant Making Is Main Activity
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£1
Income From Government Grants
£32,359
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
2
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
23 November 2021
Total Gross Income
£686,481
Total Gross Expenditure
£542,129
Charity Raises Funds From Public
No
Grant Making Is Main Activity
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£1
Income From Government Grants
£98,367
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
13 October 2025
Income Donations And Legacies
743186
Income Other Trading Activities
1525023
Income Charitable Activities
0
Income Investments
20180
Income Other
1070
Income Total Income And Endowments
2289459
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£254,637
Expenditure Other
788305
Expenditure Total
1042942
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
31078
Expenditure Support Costs
254637
Expenditure Depreciation
29846
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
-157950
Reserves
£4,124,409
Assets Total Fixed
64376
Assets Own Use
64376
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£7,619,436
Assets Total Liabilities
£3,559,403
Assets Current Investment
0
Assets Total Assets And Liabilities
£4,124,409
Creditors One Year Total Current
1423974
Creditors Falling Due After One Year
2135429
Assets Cash
£968,453
Funds Endowment
0
Funds Unrestricted
188054
Funds Restricted
3936355
Funds Total
4124409
Count Employees
39
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
26 October 2024
Income Donations And Legacies
1326718
Income Other Trading Activities
802072
Income Charitable Activities
0
Income Investments
11195
Income Other
9272
Income Total Income And Endowments
2149257
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£177,953
Expenditure Other
891878
Expenditure Total
1069831
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
23664
Expenditure Support Costs
183935
Expenditure Depreciation
11501
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
-155281
Reserves
£3,116,463
Assets Total Fixed
76196
Assets Own Use
76196
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£4,662,929
Assets Total Liabilities
£1,622,662
Assets Current Investment
0
Assets Total Assets And Liabilities
£3,116,463
Creditors One Year Total Current
32103
Creditors Falling Due After One Year
1590559
Assets Cash
£1,060,379
Funds Endowment
0
Funds Unrestricted
384198
Funds Restricted
2732265
Funds Total
3116463
Count Employees
29
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
13 October 2023
Income Donations And Legacies
862043
Income Other Trading Activities
572125
Income Charitable Activities
0
Income Investments
30
Income Other
10800
Income Total Income And Endowments
1444998
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£185,914
Expenditure Other
520769
Expenditure Total
706683
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
21194
Expenditure Support Costs
183935
Expenditure Depreciation
1917
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£425,072
Assets Total Fixed
32948
Assets Own Use
32948
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£2,677,069
Assets Total Liabilities
£672,980
Assets Current Investment
0
Assets Total Assets And Liabilities
£2,037,037
Creditors One Year Total Current
44093
Creditors Falling Due After One Year
628887
Assets Cash
£769,605
Funds Endowment
0
Funds Unrestricted
425072
Funds Restricted
1611965
Funds Total
2037037
Count Employees
20
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
2 November 2022
Income Donations And Legacies
184032
Income Other Trading Activities
456724
Income Charitable Activities
0
Income Investments
14
Income Other
0
Income Total Income And Endowments
640770
Income Legacies
341
Income Endowments
0
Expenditure Raising Funds
£280,581
Expenditure Charitable Expenditure
£246,115
Expenditure Other
0
Expenditure Total
526696
Expenditure Investment Management
0
Expenditure Grants Institution
32826
Expenditure Governance
19604
Expenditure Support Costs
213288
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£515,086
Assets Total Fixed
0
Assets Own Use
0
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,389,087
Assets Total Liabilities
£90,365
Assets Current Investment
589198
Assets Total Assets And Liabilities
£1,298,722
Creditors One Year Total Current
57865
Creditors Falling Due After One Year
32500
Assets Cash
£560,188
Funds Endowment
0
Funds Unrestricted
515086
Funds Restricted
783636
Funds Total
1298722
Count Employees
17
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
23 November 2021
Income Donations And Legacies
205203
Income Other Trading Activities
481173
Income Charitable Activities
0
Income Investments
105
Income Other
0
Income Total Income And Endowments
686481
Income Legacies
2154
Income Endowments
0
Expenditure Raising Funds
£328,415
Expenditure Charitable Expenditure
£213,714
Expenditure Other
0
Expenditure Total
542129
Expenditure Investment Management
0
Expenditure Grants Institution
23135
Expenditure Governance
16954
Expenditure Support Costs
328415
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£693,957
Assets Total Fixed
0
Assets Own Use
0
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,267,326
Assets Total Liabilities
£82,678
Assets Current Investment
152394
Assets Total Assets And Liabilities
£1,184,648
Creditors One Year Total Current
40178
Creditors Falling Due After One Year
42500
Assets Cash
£900,216
Funds Endowment
0
Funds Unrestricted
693957
Funds Restricted
490691
Funds Total
1184648
Count Employees
18
Consolidated Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Country
Geographic Area Description
Kenya
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Chile
Parent Geographic Area Type
Continent
Parent Geographic Area Description
South America
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Uganda
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Scotland
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
107
Classification Type
What
Classification Description
Accommodation/housing
Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
113
Classification Type
What
Classification Description
Economic/community Development/employment
Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
301
Classification Type
How
Classification Description
Makes Grants To Individuals
Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
105
Classification Type
What
Classification Description
The Prevention Or Relief Of Poverty
Classification Code
201
Classification Type
Who
Classification Description
Children/young People
Classification Code
101
Classification Type
What
Classification Description
General Charitable Purposes

08 Official extract

Charity Event History

Charity Name
BALLOON VENTURES FOUNDATION LTD
Charity Event Order
1
Event Type
Standard registration
Date Of Event
2011-04-21T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES INCORPORATED 08/04/2011AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 28/05/2015 as amended on 13 Jun 2018 as amended on 22 Jun 2026
Charitable Objects
To relieve poverty and financial hardship in Kenya Uganda and Tanzania in such ways as the Trustees think fit. In particular but not exclusively by providing(1) Training and funding for income generating programmes and job creation. (2) To relieve the needs of children in Busia in such ways as the trustees think fit. In particular but not exclusively through: (a) The maintenance, development and support of the orphanage named Mama Orphans Children’s home. (b) The provision and maintenance of a school

10 Official extract

Charity Other Names

Charity Name Id
506183
Charity Name Type
Previous name
Charity Name
KENYA WORKS

11 Official extract

Charity Policy

Policy Name
Complaints policy and procedures
Policy Name
Serious incident reporting policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Risk management
Policy Name
Trustee expenses policy and procedures
Policy Name
Safeguarding policy and procedures
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Volunteer management
Policy Name
Internal risk management policy and procedures
Policy Name
Complaints handling
Policy Name
Bullying and harassment policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Conflicting interests
Policy Name
Investing charity funds policy and procedures