Charity Règistration No. 1086020
PROMISE DREAMS
TRUSTEES. REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021

PROMISE DREAMS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
J Donovan
S Bawa
S Walker
Charlty number
1086020
Independent examlner
AGS Actwntants & BuSI￿sS Advlsors Llmltod
Untt1
Gasde Court 2
Casuegale Way
D￿leY
DY14RH

PROMISE DREAMS
CONTENTS
Page
Truslag8' ffjport
Independent 8xamlnèV5 f8FKYt
Slalement of finandal acllvrtles
Note8 to the a¢counl8
8-10

PROMISE DREAMS
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Thè trustees present their report and accounts for the year ended 31 December 2021.
Tho accounts have been prepar8d in accordance ￿ the arKounting polI￿eS set out In note 1 to the
accounts and comply with th8 Trusl D9ed. th8 Charities Acl 1993 and th8 Stst8mnl of R8commended
Practice, "Accounting and Reporting by Chafttses., issued In March 2005.
Structhrn. govornan¢8 and manag•m•nt
rom13e
reams Is a nationa
registere
rens
al was
aunc
In
toma
ieams
Dme true for seriously & leminalty ill thildren, and Iheir f8milies. across the UK. The ch8nty accepts
ppllcallons from chlldren aged O to 18 and whether tha chlld would Ilke some time away from hospltsl
ppolnlrngnts & trealment for 8 family holiday. sp9(ialist equipment to 6nsurg Ihg bgst possible l&vels of
.are a￿ malntaln8d Al home or even the chanee to meét thdr fravoufite cdebrity while they still can,
romise Dreams18 committed lo help. Many of the appllcgts.ons received by the charity am nol for items
hat the averagg person would consl(Jer a dream bul fly these thlldren, and their families, somthing as
imple as laminate fi￿n9 can m8ke a huge difference to every day of thelr Ilfe. Tragically th.me is not
omething that many of these familias have a lot of so rai8h)9 8 few sp8aal smiles 8nd creatin
roasurèd men￿18S Is that Promkn Dr¢arr* Is aH aL￿uL
hanks to the hard wort(. passlon & enlhu$i8sm of Its support8ryJ charity has raised over 3.5 milllon
ounés and nearly 2000 children have seen their dreams come twe. The children and families Ihat we
ork with are doaling wilh all the difficult￿. presgurg and worries 8SSCQated wrth serfous illness, It Is
S5ential that we pro￿de a s6rvi¢e th8t Is sensikn've, reliat4e, syn)p8thetsG and SUPPOTtive of these
Ircumslances. In organlslng dreams we op6r8te wlth o)mplele inlegrlty and dependabilkty- liaising.
ordlnallng, organ15ing, fundlng and M n￿ssary acc¥)mpanylng- to onsure thal the chSld has an
nforgellable exp¢nonce. arKI the family can share Ihe joy.
e ere proud to r•port that 9S% of our fam11￿$ us at 100% in our ablllty to provlde ou
rvlces, based upon compleljon of quostiomelres f￿lowIng dream dglivery.
11 the tru$le6s have volunteered to stand and act on behalr of th8 chanfy.

PROMISE DREAMS
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
The board of trustees meets regulaty aThJ its maN) purFose and activrty is fcus8d M the 59tt1ing of p￿icY.
$lrategi¢ rjiredion and ensurir¥J good stewardship of re¢outse8.
Chalrs For8word
2021 was a dmcult yaar agaln and thè Charity rgmainÈd on tlck over wAth I(￿ over 1 FfE remainirvJ
employed.
On the Fwjsitive side inL)Jme was higher than the previous year due to the efforts of a few crxp)rate
donations and legacies.
On the downside, as less Fffc*nokn Nwas don8 during Covid aThJ dreams ¢wld not be tsken. the number of
dr88ms we couhs fulfil was reduc£d.
Towards the end oflhe year the tru¥taes werp Inforrr*J that the Ch¥rlty Manager. 8everf8y Bird, and
Trustse, Suresh Bawa. would t* resogrdng.
As a result. thé charlty tC￿k stock of rb obje￿VeS and revie￿*d the 9ntire operab'ng practicas of tha charlty.
A new Trustee ha8 b￿ft appointed, John Ck>nnelty. John has a Iory a880(xabon with the charity and brings
fresh Ideas, relatlonshlps and cofporale oversbht to the chartoes activlties.
A new Charity Manager. Nikki Y￿rnan8. has also been appointed. Nikki managed the charlty In Its first
y8ars and bdngs renewed vlgour and rt￿r.
Th8 fvGus for the comlng year has t)ve maln theme8:.
Reducing the fixed costs of running the charity
Greetgr control over the varlabl8 costs over*ht 8r)d transparency
Broadening our fundrai8ing acaivilies through volunlaers and c(ffpor8t• wJthor8
Stream lining our processes through improved IT an(J procedures
Building up our local and natlon81 presence to encourege ffK)re dream applthtp)ns
Our alm18 to retum to ￿Jr ￿)re dwrlty obJoth9s of gvldgn¢kng th* as much of the mongy donated 88
Possible 9088 to helplng the childrnn and th•ir famiFio8.
We hope that this clear mission statement and transparency wll erKourage more ￿rPOrate supporters and
vdunleers to become invdved in helyng an increased number of thitdren and famili8s ac¥oss th8 UK.
Th9 trustees who Served during the ye8r were..
J t)onovan
S Bawa
S Walker

PROMISE DREAMS
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
How we are organised
The charity OPérydt88 throughout thè UK frorn Wolverhampton. The charivs work 18 carri8d out by
manager. one part lime member arKI regular trustee inpuL Th& small team are r8sFonsibl8 for the good
utilisalion of resourca and th8 thievements of 0￿￿9¥ acrc¥ss the OFef8tional ar9as OP.
Dr6Èm Fulfilment
Mart(81ing and Communications
Fundraising
Finan¢e and adminislration
Our M1s51on
To Greate smiles and joy for tomiinally and 80rioU￿Y ￿1 chiklrpn and their faM￿fj￿. by maknng thelr dr8am8
c*)m8 truè.
Our Vlsion
That every tern1na￿ or serii)usty111 chlhJ aTrJ th91r famty $I￿k1 have the OPFthJnty to hav8 a dr8am
delivered by Promise Dreams.
Our Cornmitments
To treat all children and familias wlh r8spect, car8. compassM)n and empathy.
The importance in recognising everyone's value in Ihe organisation to fulfil our mlsslon.
To celebrate the ujntn'bution made by 811 wo￿. vc4unleer in and on boh4f of Promise Droams, 811 our
8UPPOrters and doncfs.
statement of Publlc b8nefft
The trustees confimi that Wo In a(xovd8nc* wlth ts kMJbllG benefit guldanG8 wbllshed by the tharity
commission of England and Wabes.
1.There mu¥t ￿ IdenJ118bl& bèr*ffts:
Our purpose is lo Improve the wellbeing of life limited or Iwe dgbilitated chiklr8n and thgir families, through the
reallsalion of a dream. We receive great lestin￿leS al￿ thank yous from the children. par&nts and ¢arer8
InvoEv8d wrth Ihe droam that substantlates wh81 a greath)y 8nd expariencè Ihis provldes.
2.B8ll8fi1 mu$l bg to the pubtic, or 86¢t￿ ot.
Th8 servlce that we pro￿de is avallabl8 lo all life Ilmlle(l or lile debllitaled chlldren and their families across the
UK. Two unique aspects of the chartty ar8 its lad( of wailing lists. Most appl￿￿'0ns. once complgled and
pr8s6nted for d￿slOn$, are confimied wthin ono calendar month, Other charities within thi8 secaor Gan have
up lo ￿1ve months waiknng lists. Secondty, the charity also worts with children from blrth lo Iwo year8 -
popul81ion whlGh few, if any other charities in our sector, are able to help and unfortunately a growing cohort In
palliats.ve care. Thls means we hdp tsmllles WIM) simply have nowhere else to go.
In this financlal year. we have lulfille(I dreams for children auoss every (x)mÈr of the UK.
Our charitoble 8ctivtbes (Jo not result in private benefits ex(wl where WKxd8ntal io thos9 activfties for oxample
the purchase of gwjs and servi￿$ in or(ler to fuffil 8 dream.
Our Key ObJ'e¢tive8
Our key achievernents are simpty to h&lp make the drews ol qUalI￿.ng children and thglr families com& trug
through a well-run and transparent business m￿Je1 which res￿￿ts the efforts of every fundraiser by keeping
operaling costs low an¢J mlnlmE8ing any opporiunty for Ihase hard emd fijnds to be squandered.

PROMISE DREAMS
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Flnanclal rnvlaw
Is year we rais
In response lo the board's commitm&nt to d6liv*iNJ dreams and sustsinability £51.296 was sponl o
ur charitable purpos8. Due lo the lack of dream ddNerability during COVID. £91.391 has ￿en carri
oward lo 2022 to fund fu￿re dreams.
£208,
eserves
hg board's polw18 to have capital adequacy allocated In re8em8.
isks
he trustees have c¢)nducted 8 rewew of major ri8k3 to whith the is exposed and hav
mplemenled strategies to mitigate thoso rlsk&
ur SupportOTS
V8ry Penny we Spend 18 fitst received as a r8suh of the geneffjsity. ingenuity 8nd hard work of ou
any donors and supporters. Cxjr heartfett gratitude extends to many of thos6 regular donors an
upporters, that make swh a dfference to our )Inancial planning and som8thing we aim to improve on
e cannot do our work wtlKJUt you and for this Ihank you.
e are 30 proud of our 811 of supp)rtorn and frJndr￿sers WIKJ work tlrelessly lo raise fvnds kn Promis
¥eam8. every ponny really do88 mak• a dlllwonco.
On behalf of th8 board of trust809
S Walker
Trustee
Dated: 26 September 2022

PROMISE DREAMS
INDEPENDENT EXAMINER'S REPORT
TOTHE TRUSTEES OF PROMISE DREAMS
I report on the accounts of the tharity for the year ￿ded 31 December 2021. whk* are set cwt on pages 610
10.
R8spoctlv8 rnsponslbllltlos of tru$to8s and examlner
The charfvs tTUStees are restKJn$ibl8 for the preparalion of the accounts. The charity's trustees CDnsider that
an audit Is not required for this year urKler seGtion 14412} of the Chariti83 Act 2011 (the 2011 Act) and that an
Independent 8xamlnation is needed.
It 18 my responsibility to..
{1) examine the acu)unts undèr soctlw 145 of th9 2011 Art.
{11) to follow Ihe procedures laKI down in the g8n8ral Direclions given by the Charity Commission under
S8clion 14515llbl of the 2011 Ad.. and
{1111 to slate whether parU¢ular matters have c4)me io my attentlon.
Basis ol ind•pondont •xamln•rfs r•port
My examination was Ca￿1￿$ out in aG￿rdan(% %*lth the general Dlr8ckn given by ts Charity Commlssion.
An examination includes a review of the xcc4Jnting records kept by the chBrity and a comparison of the
accounts presented ￿th those re￿rds. It also Indud8s consideration of any unusual itgms or dlsdo8ur8s in
the accounts, and sgeklng explanation¥ from you as trustees concemlng any suth matters. The procedure$
undertaken do not provide all the ewdence that wwld b8 required in an audll and conwuenty no oplnlon 15
glven a8 to whether the accounts present a llru8 and fair v18w' and tha raFrf is limi￿ to those mattars $01 out
in the slal8menl below.
Indopondont •xamln•rfs stat•m•nt
In conngction wfth my examinailon. no mattor has ¢))m81o my att8nth)n:
18) whlch gives me reasonable cause to bèlovo that In any materi81 respect th8 requirèments..
(il lo keep accoLsnllng records In a￿OrdanCe wlth secll¢)n 130 of the 2011 Act,. and
(111 lo prepar8 accounts whlch accord with the ac0)uniir￿ re￿rdS and eomply wlth th8 accountsng
requiremen18 01 Iho 2011 Nd..
have not been mel., (
Ib) to which, in my opinion, atten1p￿ shoutd b8 drawn in order to enable a proper understanding of the
accounts to ￿ rasehéd.
AGS Accounlants & Busin8ss Alfvisots Llmllod
Unil 1
Castle cC￿rt 2
Casllegate Way
Dudley
DY1 4RH
Dal8d.' 26 September 2022

PROMISE DREAMS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Notes
Voluntary income
Investment income
164.322
12
72.092
22
164,334
44.010
72,114
32,081
Income from tharitablo ac￿￿118S
Total InGomlng rosourc•s
208.344
104,195
Costs of ganeratlng fvnds
Fundraising and other costs asscthted with generating ineffft e.g.
Marketing. Event Expendllure
9,334
7,497
Not Incomlng re¥ource8 avallab
199.010
96,898
Charltabl• a¢llvlllos
Dlrect ¢harltsble expendlture
51.296
24,628
Governance costs
56,323
72,015
Total r•8our¢•8 •xp•ndod
116,953
104, 140
Not Incom• fortho y•arl
Nel mov•m•nt In funds
91,391
55
Fund balances at 1 January 2021
86.677
88,622
Fund balan￿¥ at 31 Dec•mb•r 2021
178.068
86,677

PROMISE DREAMS
BALANCE SHEET
ASAT31 DECEMBER 2021
2021
2020
Current ais•ts
Dgbtors
Cash at bank an(J In tt8￿1
375
211,095
106.632
211.470
106,632
Credltor8: amounts falllng du• wknln
on• yoar
(33,402)
(19,955}
Total a$sots1o88 curr•nt Ilabllttl
178.068
86.677
Incom& fund8
UnreslrSctsd funds
178,0fj8
86,677
178.068
86.677
The accounts were approved by the Trust9es on 26 September 2022
S Walker
Trustee

PROMISE DREAMS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Aceounting pollciés
1.1 Basis of prgparatlon
The flnancial stalamen18 are pr8pared uThJer th6 historical cost convention.
The accounts have been prepared in aC￿rdance wrth applicable actounling standards, the Statement of
Recommended Practice. 'AceountiThJ and Re￿rting by Charitl88'. issued in March 2005 and the Charili8s
Act2011.
1.2 In¢¢mifftg resour￿•
The income for the tharlty rnpr•sents fuThls donated and Ino)mè dgrived from thg evenis organlsed lo
promote tha obl8cts ofthe ¢*arfty. Thg chanty dld not have any tradlng In￿Me durkng tho year.
Donatsons:
Incomo frtyn donatk)ns18 Indudgd In Inc4Jmlng rgsourc88 whtrn Ilw ar6 rèc9ival￿e.
Generat￿n of furKIs'.
Income from aclivities to generate funds Is re[￿n￿ed al the tKAnl the acuvlty occurs.
1.3 Rgsourc•s èxpendgd
The chartty accounts fcf the expenditure on dreams at the point the selectlon commltt88 approve th8
request. AJI other expendttur8 ig aeeount8d for on an atLwal$ basi8.
1.4 C8•h Flow 8tat•m•nt
The charlty is exempl under Flnandal Rewttng Statement l. from prepariro a cash fiow slgtgment due lo
IV8 81Za.
1.5 Fund accountlng
Unrè$tri¢ted funds can be used in 8ccordance with the charita￿e objectives at the dlscreuon of the
trustees. Restrlcted frjnds c4n only be u6ed follthving speafic restrKtions spgofied by the donor.
Voluntary Income
2021
2020
Donations and gffts
164.322
72,092
Inv8stm•nt In¢ome
2021
2020
Intgrgst receiva￿6
12

PROMISE DREAMS
NOTES TO THEACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Income from charltable actlvltias
2021
2020
Events 8nd Fundr8i8ing incom• Ineludlng Communitios Sthcols and Gr8nts
44.010
32,081
Totsl rgsour¢¢• oxwnded
Trjtal
2021
Total
2020
Costs of generatlng fun
Fundraising and other Costs a5￿￿8ted with
98nerating incom& e.g. Mark&llng. Event
Exp8ndilure
9,334
9.334
7,497
Charltablo actlvltle8
Actlvilies undortak8n direclty
51,296
51,296
24,628
Qov•rn•n¢• co•ts
6,777
56,323
72,015
67,407
118,953
104.140
Tru*ts•*
The truslees do not draw any omolumgnts from the
Employees
Numbor of •mployws
The averap monthty number of gmploy8es during the year was..
2021
Number
2020
Number
F￿1 lime stsff
Employment costs
2021
2020
Wages and salaries
62,903
Thera w8r8 no 8mploy88s whose annual r8munsration vras £60.OCKI or more.

PROMISE DREAMS
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
D•btorn
2021
2020
Other debtC¥5
375
Credltors: amounts falllng duo wlthln one year
2021
2020
Trade creditors
Taxe8 and social 8e¢urfty c4xts
Accruals
30,984
1,409
1,009
19.342
613
33,402
19.955
10-