In London, at least, there are CCTV cameras at most traffic lights, so if do you do jump it, then it's a TS10 for you and I think that there should be some scheme for identifying cyclists so they can be penalised for breaking the rules and so that previous misdemeanours can be taken into account when deciding the penalty.
I have been fined for stopping in a hatched area on my bike. I did it, I got the fine, I was wrong, I paid up and learned my lesson. I didn't know you couldn't stop in a hatched area, but I should have found out before I got on my bike. I also had to attend a cycling course.
A five year old knows that red means stop. If you don't you shouldn't be allowed out, never mind on a bicycle.