BRITISH BALLET ORGANIZATION LIMITED
The object for which the charity is established is to advance the education of the public and its members in the art of ballet and associated dance forms.
Financial health, per its FY2024 accounts
The accounts state that the group reported a net deficit of £64,456 for the year ended 31 December 2024, a significant improvement from the £191,215 deficit in the prior year. Per the trustees' report, free reserves stood at £229,120, which is below the stated policy target of £300,000 to £600,000, though the trustees have a reasonable expectation of continuing in operational existence.
What the accounts disclose
“In the current year one employee received emoluments (excluding employer pension costs) above £60,000. (2023: None)” — page 34
“In the current year one employee received emoluments (excluding employer pension costs) above £60,000.” — page 34
“Presently free reserves of £229,120 (2023: £114,553) are below that target” — page 17
“An unrestricted grant of £7,000 (2023: £6,000) was received from Espinosa Memorial Fund, a charity for which the chairman's daughter is a trustee.” — page 34
“The charity has a 100% owned trading subsidiary, BBO Dance Supplies Limited, which is incorporated (company number 3907230).” — page 35
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Leadership, per the charity’s website
- Fiona Knower — Chief Executive Officer
- Nic Espinosa — Executive Chair
- Anita Young — Artistic Director
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- MR NIC ESPINOSAchair
- Anne Fiona Stayt
- Anne Mary Ferguson
- Christopher Anthony Cavanagh
- Lavaniya Das
- Richard Denholm Thom
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.1m | £1.2m |
| 31/12/2024 | £1.1m | £1.2m |
| 31/12/2023 | £1.0m | £1.2m |
| 31/12/2022 | £925k | £1.2m |
| 31/12/2021 | £998k | £1.1m |
Common questions
Is BRITISH BALLET ORGANIZATION LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the group reported a net deficit of £64,456 for the year ended 31 December 2024, a significant improvement from the £191,215 deficit in the prior year. Per the trustees' report, free reserves stood at £229,120, which is below the stated policy target of £300,000 to £600,000, though the trustees have a reasonable expectation of continuing in operational existence. Its FY2024 accounts were audited by Blue Spire Limited.
What does the highest-paid employee of BRITISH BALLET ORGANIZATION LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the above £60,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LINBURY TRUST | 2 | £180k |
| THE BUFFINI CHAO FOUNDATION | 2 | £150k |
| THE IDLEWILD TRUST | 2 | £31k |
| STANLEY PICKER TRUST | 2 | £23k |
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | 2 | £18k |
| THE DORFMAN FOUNDATION | 1 | £459k |
| THE ROYAL OPERA HOUSE BENEVOLENT FUND | 1 | £367k |
| GARFIELD WESTON FOUNDATION | 1 | £300k |
Charities like this
- BIRMINGHAM ROYAL BALLET
- BALLET RAMBERT LIMITED
- BALLETBOYZ LTD
- ENGLISH NATIONAL BALLET
- RAMBERT TRUST LIMITED
- LONDON CHILDREN'S BALLET
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRITISH BALLET ORGANIZATION LIMITED | £1.1m | above £60,000 | 1 | below | — | no doubt |
| BIRMINGHAM ROYAL BALLET | £17.6m | — | — | unclear | — | no doubt |
| BALLET RAMBERT LIMITED | £3.2m | £110,001 - £120,000 | — | unclear | — | no doubt |
| BALLETBOYZ LTD | £604k | £70,001 - £80,000 | 2 | above | — | no doubt |
| ENGLISH NATIONAL BALLET | £25.4m | — | — | unclear | — | no doubt |
| RAMBERT TRUST LIMITED | £5.1m | — | — | unclear | — | no doubt |