Studio BlueGreen
Latest income
£4.7m
Latest spending
£4.5m
Registered
2015
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £202,505 for the year ended 31 December 2023, resulting in total funds decreasing from £205,557 to £3,052. Per the trustees' report, free reserves dropped significantly to £83,267, a level the trustees consider sufficient given the philanthropic commitment of David Blood to provide annual funding.
What the accounts disclose
Reserves policy: approximately one quarter of fixed charitable costs (held: £83k)
“The trustees aim to maintain free reserves at a level which equates to approximately one quarter of fixed charitable costs (e.g salaries, compliance and occupancy costs etc.).” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee David Blood made donations to On the Edge Conservation totalling £1,618,244 (2022: £2,257,500).
“Trustee David Blood made donations to On the Edge Conservation totalling £1,618,244 (2022: £2,257,500). As noted above (note 6) none of the Trustees in On the Edge Conservation had expenses reimbursed in the period.” — page 26
“At the start of the financial year, the Charity paid £42,556 (2022: £22,419) to Jonathan Baillie, who is also a director of OTE Productions Ltd and trustee of the Charity, in respect of consultancy services provided to the Charity.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Charity paid £42,556 to Jonathan Baillie (Trustee and Director of subsidiary) for consultancy services.
“Trustee David Blood made donations to On the Edge Conservation totalling £1,618,244 (2022: £2,257,500). As noted above (note 6) none of the Trustees in On the Edge Conservation had expenses reimbursed in the period.” — page 26
“At the start of the financial year, the Charity paid £42,556 (2022: £22,419) to Jonathan Baillie, who is also a director of OTE Productions Ltd and trustee of the Charity, in respect of consultancy services provided to the Charity.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Charity made grants totalling £658,029 to subsidiary OTE Productions Limited.
“Trustee David Blood made donations to On the Edge Conservation totalling £1,618,244 (2022: £2,257,500). As noted above (note 6) none of the Trustees in On the Edge Conservation had expenses reimbursed in the period.” — page 26
“At the start of the financial year, the Charity paid £42,556 (2022: £22,419) to Jonathan Baillie, who is also a director of OTE Productions Ltd and trustee of the Charity, in respect of consultancy services provided to the Charity.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Charity received restricted grant of £282,815 from Friends of On the Edge Foundation.
“Trustee David Blood made donations to On the Edge Conservation totalling £1,618,244 (2022: £2,257,500). As noted above (note 6) none of the Trustees in On the Edge Conservation had expenses reimbursed in the period.” — page 26
“At the start of the financial year, the Charity paid £42,556 (2022: £22,419) to Jonathan Baillie, who is also a director of OTE Productions Ltd and trustee of the Charity, in respect of consultancy services provided to the Charity.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: OTE Productions Limited, OTEP Limited, OTEP 2 Limited
“OTE Productions Limited (Reg. No. 9660075) is a wholly owned subsidiary of On the Edge Conservation. This entity holds 100% of the rights to the animated movie, mobile games and any future ancillary initiatives related to the brand. OTEP Limited (Reg. No. 9714151) is a wholly owned subsidiary of OTE Productions Limited and is the production vehicle for the movie. OTEP 2 Limited (Reg. No. 12736225) is also a wholly owned subsidiary of OTE Productions Limited and is currently dormant.”
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£4.7m
Total spending
£4.5m
Reserves (reported)
£622k
Employees
13
Trustees
- BETH NAHRIN BISSO BLOODchair
- ALEXANDER MACINTYRE MARSHALL
- Henriette Stuart-Reckling
- Jonathan Baillie
- Jules Borkent
- Serena Martin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.7m | £4.5m |
| 31/12/2023 | £3.0m | £3.2m |
| 31/12/2022 | £2.8m | £2.8m |
| 31/12/2021 | £2.2m | £2.1m |
| 31/03/2021 | £1.5m | £2.0m |
Common questions
Is Studio BlueGreen financially healthy?
The accounts state that the charity reported a net deficit of £202,505 for the year ended 31 December 2023, resulting in total funds decreasing from £205,557 to £3,052. Per the trustees' report, free reserves dropped significantly to £83,267, a level the trustees consider sufficient given the philanthropic commitment of David Blood to provide annual funding. Its FY2023 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| This Day Foundation | 1 | £2.1m |
| CHK Foundation | 1 | £120k |
| THE PENNIES FOUNDATION | 1 | £103k |
| THE HAPPY BABY COMMUNITY | 1 | £63k |
| THE BRITFORD BRIDGE TRUST | 1 | £10k |
| UNSEEN (UK) | 1 | £6k |
| CROSSROADS WOMEN | 1 | £3k |
| THE WORSHIPFUL COMPANY OF GARDENERS OF LONDON CHARITY | 1 | £2k |