BLUE VENTURES CONSERVATION

Charity number: 1098893
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Blue Ventures is a science-led social enterprise that works with coastal communities to develop transformative approaches for nurturing and sustaining locally led marine conservation initiatives. We work in places where the ocean is vital to local people, cultures and economies, and where there is a fundamental need to support human development.

Income and expenditure

Data for financial year ending 30 June 2024

Total income:
£16,519,444

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Donations and legacies £16.50m
Charitable activities £18.32k
Other trading activities £0
Investments £0
Other £1.01k

Total expenditure:
£14,323,494

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Raising funds £488.00k
Charitable activities £13.80m
Other £39.67k

£804,631 investments gains (losses)

Total income includes £1,632,968 from 4 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £527.66k
Charitable expenditure £13.80m
Retained for future use £2.20m

People

286 Employee(s)

9 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 8
£70k to £80k 5
£100k to £110k 1
£110k to £120k 1
£140k to £150k 1
£350k to £400k 1

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Animals
  • Environment/conservation/heritage
  • Economic/community Development/employment
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Belize
  • Comoros
  • East Timor
  • Indonesia
  • Kenya
  • Madagascar
  • Mozambique
  • Philippines
  • Senegal
  • Tanzania

Governance

Registration history:
  • 07 August 2003: Standard registration
  • 25 August 2015: Funds received from 1118505 MARINE EDUCATION TRUST
Organisation type:
Charitable company
Other names:

No other names

Company number:
04660959 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dougal Adam Freeman Trustee 21 November 2024
None on record
JOHN WILLIAM GOOD Trustee 21 November 2024
None on record
Meg Adhiambo Otieno Trustee 13 June 2023
None on record
Dr Philip James Trustee 13 June 2023
None on record
Ruma Mandal Trustee 13 June 2023
None on record
Rupen Patel Trustee 27 March 2023
None on record
Fiona Mary Holmes Trustee 01 January 2022
None on record
Peter Everett Trustee 31 July 2021
None on record
Zoe Averill Trustee 01 July 2021
None on record

Financial history

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Financial period end date

Income / Expenditure 30/06/2020 30/06/2021 30/06/2022 30/06/2023 30/06/2024
Total gross income £7.06m £9.82m £29.49m £11.94m £16.52m
Total expenditure £6.15m £6.83m £9.83m £14.58m £14.32m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.75m £1.71m £1.54m £1.86m £1.63m
Income - Donations and legacies £191.80k £9.76m £29.31m £11.25m £16.50m
Income - Other trading activities £298.49k £0 £11.87k £6.91k £0
Income - Charitable activities £6.52m £800 £94.94k £270.04k £18.32k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.55k £198 £9.72k £408.14k £0
Income - Other £42.35k £58.72k £67.79k £3.07k £1.01k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £6.00m £6.65m £9.34m £14.09m £13.80m
Expenditure - Raising funds £142.02k £152.20k £417.03k £474.99k £488.00k
Expenditure - Governance £67.63k £57.55k £101.29k £113.04k £232.13k
Expenditure - Grants institution £0 £1.40m £2.76m £4.60m £3.40m
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £26.02k £76.89k £23.80k £39.67k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 30/06/2020 30/06/2021 30/06/2022 30/06/2023 30/06/2024
Own use assets £449.76k £421.28k £413.22k £956.57k £527.60k
Long-term investments £0 £0 £0 £0 £21.52m
Other assets £4.34m £6.85m £27.02m £24.46m £6.49m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £324.74k £412.61k £916.91k £1.56m £1.67m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 June 2024 23 April 2025 On Time
Accounts and TAR 30 June 2024 23 April 2025 On Time Download Open in new window
Annual return 30 June 2023 30 April 2024 On Time
Accounts and TAR 30 June 2023 30 April 2024 On Time Download Open in new window
Annual return 30 June 2022 20 April 2023 On Time
Accounts and TAR 30 June 2022 20 April 2023 On Time Download Open in new window
Annual return 30 June 2021 28 April 2022 On Time
Accounts and TAR 30 June 2021 28 April 2022 On Time Download Open in new window
Annual return 30 June 2020 30 April 2021 On Time
Accounts and TAR 30 June 2020 30 April 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 10/02/2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/06/2003 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 03/02/2012

Charitable objects

THE CHARITY'S OBJECTS ("OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: (A) THE FURTHERANCE OF THE EDUCATION OF MEMBERS OF THE PUBLIC AND THE PROMOTION, ORGANISATION AND SUPPORT (FINANCIAL AND OTHERWISE) OF RESEARCH EXPEDITIONS FOR THE EXPLORATION OF CORAL REEF AND OTHER MARINE ECOSYSTEMS IN REMOTE AND UNDEVELOPED REGIONS OF THE EARTH FOR THE PURPOSES OF ADVANCING KNOWLEDGE OF OR RESEARCHING INTO SAID MARINE ECOSYSTEMS FOR THE BENEFIT OF THE PUBLIC; (B)THE PROMOTION OF THE SUSTAINABLE FOR THE BENEFIT OF THE PUBLIC BY: 1)THE PRESERVATION, CONSERVATION AND PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES IN COASTAL AREAS OF DEVELOPING COUNTRIES; AND 2)THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION; (C)THE ADVANCEMENT OF EDUCATION OF COASTAL COMMUNITIES IN DEVELOPING COUNTRIES REGARDING MARINE ECOSYSTEMS AND THE PROTECTION, ENHANCEMENT AND REHABILITATION OF THE ENVIRONMENT; AND (D)THE PROMOTION FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT BY PROMOTING BIOLOGICAL DIVERSITY. IN THE OBJECTS "SUSTAINABLE DEVELOPMENT" MEANS "DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OFF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS".

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
Basement Floor
Save The Children
1 St. John's Lane
London
Phone:
0203 875 8980
Email:
info@blueventures.org
Website:

http://www.blueventures.org Open in new window