BRITISH BALLET ORGANIZATION LIMITED
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 express 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. (2023: None)” — page 34
“Presently free reserves of £229,120 (2023: £114,553) are below that target” — page 17
“The charity has a 100% owned trading subsidiary, BBO Dance Supplies Limited, which is incorporated (company number 3907230). It is responsible for the sale of various teaching resources, clothing and other merchandise.” — page 35
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- MR NIC ESPINOSAchair
- Anne Mary Walker
- Anne Stayt
- Richard Denholm Thom
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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 |
| 31/12/2020 | £845k | £998k |
Common questions
Is BRITISH BALLET ORGANIZATION LIMITED financially healthy?
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 express 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 £60,001 - £70,000 band, and 1 employees earned over £60,000.