Oh gosh no, although I can see why you may think that. The budget for this fairly lavish production would have been way above anything the CFF could have made. Actually the production company, Hemdale, was part owned by actor David Hemmings.
Who are the characters in The Amazing Mr. Blunden?
Mrs. Wickens the Housekeeper, Sara Latimer, Georgie Latimer, Jamie Allen, Lucy Allen, and Mr. Blunden
What is the plot of The Amazing Mr. Blunden?
Two children befriend ghosts in a haunted mansion. To help the ghosts, they make a potion allowing time travel to the past. After becoming housekeepers, they return to the mansion's past and aid the dead children.