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2021-08-31-accounts

~~Annual Report and Financial Statements~~

12 months to 31[st] August 2021

CONTENTS

Bank: HSBC Maidstone Independent Examiner: A Healey, Lindeyer Francis Ferguson Registered Charity Number:1. REPORT ON TRUSTEES 1136613 Company Number: 4959632

Company Limited by Guarantee Registered Office: Elmscroft , Charlton Lane, 3 West Farleigh, Maidstone, Kent, ME15 0NY

Dandelion Time’s Annual Report & Financial Statements 2021

CONTENTS

Page
REFERENCE AND ADMINISTRATIVE DETAILS 3
TRUSTEES’ REPORT 4
INDEPENDENT EXAMINER’S REPORT 15
STATEMENT OF FINANCIAL ACTIVITIES 16
BALANCE SHEET 17
STATEMENT OF CASH FLOWS 18
NOTES TO THE FINANCIAL STATEMENTS 19

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Dandelion Time’s Annual Report & Financial Statements 2021

1. REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Dr Caroline Jessel – Chair
Sir Paul Carter
Dr Lesley Hanney (appointed 7 June 2021)
Mr Karthikeyan Vijayakumar (appointed 4 May 2021)
Mr Simon Norman
Mr Richard Parkin
Mrs Helen Stevens
Mrs Gillian Wilford
Company Secretary Jane Angell-Payne BSc BFP ACA DChA
Company Registered Number 4956632
Registered Charity Number 1136613
Registered Office Dandelion Time
Elmscroft Cottage
Charlton Lane
West Farleigh
Maidstone
Kent
ME15 0NY
Independent Examiner Amy Healey FCA CTA DChA
Lindeyer Francis Ferguson Limited
Chartered Accountants
Statutory Auditors
North House, 198 High Street
Tonbridge
Kent TN9 1BE
Bankers HSBC
1-5 Week Street
Maidstone
ME14 1QW

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Dandelion Time’s Annual Report & Financial Statements 2021

2. TRUSTEES’ REPORT

The Trustees (who are also the directors of the company for the purposes of company law) present their report together with the audited financial statements for the year ended 31 August 2021. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and in accordance with the governing document, current statutory requirements and the provisions of "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019) - (Charities SORP).

Since the charity qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

The reference and administrative details on page 3 form part of this report.

Background and Governing Document

Dandelion Time is a charity based in Maidstone, Kent, for the benefit of children in Kent. Its objective is:

To help and to educate children with various behavioural, educational, and emotional needs particularly by providing therapeutic and developmental activities for such children and their families within sustainable farm environments.

Dandelion Time became a company limited by guarantee on 11th November 2003 and is governed by the company’s memorandum and articles of association. The charitable company is registered with the Charity Commission as Dandelion Time charity number 1136613. The registered office of the charity is Elmscroft Cottage, Charlton Lane, West Farleigh, Maidstone, Kent ME15 0NY. The charity was originally founded and governed as a Charitable Trust in April 2003 (1096862).

Trustees and Directors

Recruitment of new Trustees is undertaken on resignation of an existing Trustee or when the board recognises a competence gap. The experience requirement is defined, and a shortlist of candidates created by the nominations committee. Candidates will visit the charity and meet current Trustees. A majority vote of Trustees is required to appoint a new Trustee. The charity has a full induction programme including sharing the strategic plan and policies, meeting staff, touring site and offices, sharing of Charity Commission documentation, and safeguarding training. The Board was pleased to welcome Karthik and Lesley to the Trustee team this year.

Patrons

Sir Michael Morpurgo Children’s Laureate and Author Malcolm Perkins Chairman of Camellia PLC Isabel Hardman Journalist, Author and Presenter

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Dandelion Time’s Annual Report & Financial Statements 2021

Structure, Governance and Management

Trustee Board

The Trustee Board sits approximately every 3 months and includes all Trustees. Also invited are the Chief Executive and the management team, the Company Secretary, and others depending on the agenda. The Trustee Board is responsible for the overall strategic management and ensuring compliance with all the statutory duties of Dandelion Time.

The following committees were operating during the period. All subcommittees have limited budgets and all significant decisions need to be approved by the board.

Finance and Risk Committee

This subcommittee meets at least four times a year and reviews in detail finances and budgets, financial processes and the Risk Register and makes recommendations to the board.

Remuneration Committee

This sub committee meets at least once each year to consider the pay and benefits of the staff team. All Trustees are invited to join, and the Board must agree any recommendations.

Nomination Committee

This subcommittee meets as a required for the purpose of proposing a shortlist of potential trustees to the board.

Strategic Premises Committee

The aim of the Strategic Premises Committee is to ensure Dandelion Time has an appropriate environment to deliver its objective as an organisation. This includes current and additional sites.

Management Team

The management team during the year comprised the Chief Executive Officer, Graham Carpenter, Director of Finance, Jane Angell-Payne, Director of Therapy and Training, Carol Bridges, Director of Operations, Edyta Busko-Mokone and Director of PR and Fundraising, Caroline Williams Jessel. It sits regularly, at least twice monthly providing day-to-day management of the charity.

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Dandelion Time’s Annual Report & Financial Statements 2021

Review of the Year

Dandelion Time provides farm-based therapeutic programmes for children struggling with serious emotional and behavioural difficulties and their families. From its centres in Mid-Kent and East Kent, the child and wider family engage in a varied programme of group and individual therapeutic activities to help children overcome complex issues. Families care for the farm’s animals and gardens, take part in natural crafts including woodwork, creative expressive activities, and cook using food they have grown and harvested on the farm.

Our purpose is to support children to overcome trauma, develop in confidence and self-esteem, have stronger relationships with those who care for them, and be better equipped to engage well with school, at home and in the community. Dandelion Time works with children and young people affected by challenging circumstances, many having been traumatised by abuse, domestic violence or neglect. Some have fallen out of education or are in foster care. Their behavioural, emotional and social difficulties are often a result of difficult and complex home lives.

Outputs

122 Children aged 4-15 and their carers have attended Dandelion’s therapeutic programmes:

Each family has attended sessions weekly for up to 12 weeks. 617 family sessions were delivered in the period:

From our Mid-Kent and East Kent centres, we have supported each referred child and their carer/s through weekly sessions, calls, parenting support and home visits. Families attend sessions individually or in small multi-family groups, they have cared for the farm’s animals and gardens, taken part in pottery, woodwork, cooking, and a wide range of creative crafts activities. Practical engagement in calming activities allows staff to explore each child’s difficulties and helps them to grow in confidence and self-esteem and regulate their emotions and behaviours. Dandelion Time uniquely tackles their difficulties by working with the child and their carers to resolve wider family issues, to bring sustainable change for the child.

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Dandelion Time’s Annual Report & Financial Statements 2021

Referrals in the last year have risen by over 35% and are at their highest ever level following the coronavirus pandemic. Referrals have been for children with multiple and complex needs. Our wait list is the highest it has ever been in the history of the charity.

Typically, the referred children have come from families with multiple and complex difficulties, involving one or more of the following:

Outcomes

The programme has had a positive impact on the children and families attending and brought significant benefits to children with serious emotional and behavioural difficulties. Evaluation in the period has shown the programme has brought positive changes to children’s psychological wellbeing, self-esteem, confidence and resilience. Most children have re-entered or engaged better with school, become less isolated and have reduced anxiety, fear, and other emotional symptoms.

Total Income

Dandelion Time has achieved income of over one million pounds for the first time in its history, but it should be noted that this is exceptional due to the campaign to support the capital development centre where the charity moved in March 2020. This development will allow increasing number of children to access our programmes and will provide the hub for the development of more branches over the next 30 years. The threshold to require an audit is ordinarily one million pounds, but the Charity Commission has accepted this level of income is impacted by a one-off campaign and has exempted the charity from audit this year.

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Dandelion Time’s Annual Report & Financial Statements 2021

Maidstone Centre Redevelopment Capital Programme

The charity began the building project in October 2020 to transform the mid Kent centre and the majority of structural work was completed by September 2021.

Works have included:

The renovations have been funded by a highly successful campaign and the charity owes a debt of thanks to Trusts, Corporates and individuals for their donations. Contributions have ranged from large grants to buying a paving slab for our courtyard and every pound will contribute to children and family’s wellbeing over the next 30 years plus. Capital grants received this year totalled £315,840 (2020: £36,265), donations totalled £62,134 (2020: £57,366) and valued gifts in kind of £13,872.

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Dandelion Time’s Annual Report & Financial Statements 2021

Whilst we cannot name every individual, we do thank the following Trusts, Foundations and Corporates:

Amazon Services Karen Vidler Discretionary Trust Arbuthnot, Latham & Co Lund Trust Aviva Community Fund NFU Mutual Calor Community Fund Rothschild Foundation Charles Lewis Foundation The Banham Foundation Civil Service Insurance Society The Bernard Sunley Foundation Clothworkers Foundation The Big Give Colyer-Fergusson Charitable Trust The Hainsford Foundation Community of the Presentation Trust The Hobson Charity Enterprise Rent a Car The Lawson Foundation Fidelity International Thomson Snell and Passmore First Insurance Solutions Travis Perkins Four Acre Trust Whitehead Monkton Golding Homes Wooden Spoon Henhurst Charitable Trust Wren Kitchen Hillier Trust HR Pratt Boorman Trust

Operating Income Generation

Grants

During the year Dandelion Time benefitted from the receipt of many grants from charities and foundations which have been critical to its success in delivering work to families. Grant receipts recognised as income totalled £423,723 (2020: £263,980) excluding capital grants referred to above, an increase substantially accounted for by the pandemic related grants deferred last year for work with families and children in this financial year. In addition, the charity benefitted from a Job Retention Scheme grant of £26,197.

We would like to warmly thank the following for grant awards during the year:

B&L Leach Family Trust Kent County Council:Local Member’s Grant
BBC Children in Need Kent Police & Crime Commissioner:Ministry
of Justice – Domestic Abuse Support Uplift
Esmee Fairbairn Foundation Kent Police & Crime Commissioner:Victim
Specialist Services (VSS) Fund
Help for Children National Lottery Community Fund
Joan Ainslie Charitable Trust Peter Harrison Foundation

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Dandelion Time’s Annual Report & Financial Statements 2021

KCC Strategic Recovery Fund Raise Your Hands Kent Community Foundation: Howard Family Reconnect Programme Fund Kent Community Foundation: KCC Strategic The Cole Charitable Trust Recovery Fund Kent County Council: Covid-19 Grant The Marsh Christian Trust Kent County Council: Early Help & Preventative The Mercers’ Company Services/LCPG

Dandelion Time has also been awarded a substantial National Lottery grant for family programmes commencing after 1 September 2021.

Donations

The lockdowns had an impact on our face-to-face fundraising and events so we refocussed our efforts towards digital fundraising including a successful online auction and increased use of other digital channels.

Our community of regular supporters, corporates, community groups and high net worth individuals have shown their support throughout the year. Operating income from donations was £151,843 this year (2020: £212,049) excluding capital donations referred to above, and from auction and merchandise sales was £14,443 this year. The decrease in donation income reflects a mix of a prioritisation of capital income and the uncertainty felt by individuals and corporates during the pandemic.

We would like to warmly thank the following corporates for their support this year, Enterprise Rent a Car, Thomson, Snell and Passmore, Fidelity International, First Insurance Solutions Amazon Services, Golding Homes and Polypipe.

Staff and Volunteers

Across the year, Dandelion Time employed a total of 21 staff. On the 31st August 2021, the staff team equated to 12.41 full time equivalent.

Dandelion Time is hugely grateful to our team of regular and occasional volunteers who have consistently supported the charity in this challenging year. Volunteers have given over 6,000 hours of their time and expertise in areas such as fundraising and public relations, governance, working on the land, feeding and caring for the animals and working directly with the children and families. A volunteer recruitment drive from September 2021 will see the number of volunteers increase to meet the needs of the charity’s expansion as well as the retail shop.

This year we have had a total of 56 Corporate Volunteer Days.

Dandelion Time is indebted to the staff team, volunteers and trustees for their passion and commitment to the vital work with vulnerable children and families.

PR and Communications

In June we launched the publication of our book ‘The Fields that Heal’ written by John Hunter. This book is an account of the story of Dandelion Time. The book was launched at the Wealden Literary

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Dandelion Time’s Annual Report & Financial Statements 2021

Festival by our Patron Michael Morpurgo and the book has been a great tool to expand the reach of the charity to new audiences.

The Dandelion Time website (www.dandeliontime.org.uk) gives an informative window on our work for professionals, the local community and families.

Our active presence on our social channels (Facebook, Instagram, Twitter & LinkedIn) is a vital communications tool enabling immediate and interactive dialogue with our supporters. The channel is key in increasing brand awareness, driving revenue & recruiting volunteers.

Dandelion Time’s regular newsletters (both digital and print editions), blogs and case stories are key in keeping stakeholders informed and engaged in our activities.

This year we have been successful in securing coverage across multiple media channels, including a coverage in The Times and regular features on BBC Radio Kent.

Plans for the Future

Dandelion Time is facing substantial demand across Kent for its services and is committed to expanding its therapeutic work with children affected by trauma. This need has been exacerbated by the Covid 19 pandemic where children have been forced to stay at home and schools have been closed. We aim to reach more children in Kent whose complex needs remain unmet, and advance understanding and practice of how children affected by emotional difficulties are supported in schools and other settings.

The charity is implementing the 5-year strategy for 2020-25. Development of the new Maidstone centre is now completed giving Dandelion Time a secure base from which to operate for the next 30 years. The Ashford branch was opened in November 2019 and is expanding its services to meet increased need in the Ashford area.

By 2025, Dandelion Time aims to offer a Kent-wide service for children with complex emotional & behavioural needs, operating from 3+ locations and accessible to families from all parts of the county. Our aim is that every child in Kent who could benefit from Dandelion Time’s therapeutic approach will be able to reach a service from wherever they live in Kent.

We are aiming to diversify our funding streams to increase statutory agency income, donations, corporate giving and in autumn 2021 we opened our first charity shop.

Policies and Risk Management

Dandelion Time has policies and procedures in place to ensure the protection and safe working of beneficiaries, staff and volunteers.

Safeguarding Children and Vulnerable Adults Policy

Safeguarding Children and Vulnerable Adults Policies have been adopted under the guidance of Social Services. Additional training for staff has been provided.

Health and Safety

The Health and Safety policy has been implemented including an ongoing training programme for all staff and volunteers. The Chief Executive is the named person responsible for health and safety.

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Dandelion Time’s Annual Report & Financial Statements 2021

Insurance

The Trustees have ensured that all activities are adequately insured for risks associated with the activities. The farm has separate insurance, which cover risks associated with the fabric of buildings and farming activities.

Reserves Policy

The Trustees aim to operate with sufficient unrestricted reserves to cover at least six months operating expenditure. The time is set to enable any ongoing interventions with children and families to be completed.

Public Benefit Statement

This report demonstrates that the service provided by Dandelion Time is open to any member of the public via a referral from a statutory agency or other voluntary organisation.

Risk Management

The charity maintains a risk register that is regularly reviewed by the board. Risk assessments are carried out on all activities whether operational, therapeutic or fundraising. Risks are mitigated through training, actions and safe working procedures. The principal risks to the charity are:

The Trustees have put in place mitigating actions through training to both to ensure policies and activity level risk assessments are complied with; training to develop therapeutic skills; appraisals and the development of a fundraising strategy. The Trustees consider the subsequent risk levels to be acceptable to the Board.

Financial Review

Incoming Resources

This was an exceptional year for income as the charity continues a major one-off fundraising campaign to renovate the new premises. Incoming resources increased to £1,060,113 over the year (2020: £641,273) the largest increase being £391,846 (2020: £93,631) in grants and donations towards capital and renovation works most of which has been capitalised. Total operating income (calculated as total income less strategic premises restricted income) was £668,267 (2020: £547,642) the increase being the pandemic related grants deferred last year which were awarded to support work through to March 2021 and a decrease in income from donations due to individuals and businesses uncertainness during the pandemic.

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Dandelion Time’s Annual Report & Financial Statements 2021

Resources Expended

Resources expended were £566,722 (2020: £607,316 before the release of a provision). This decrease comprised a reduction in operational support staff for several months due to some staff turnover, a high provision for annual leave in the previous period due to the pandemic, a high investment in IT and communications in the previous period to allow working from home and reduced rental costs of the new premises.

Fixed Assets

A transfer of £441,725 was made from the restricted Strategic Premises fund and a further £9,938 from the designated Strategic Premises fund to the designated Fixed Asset fund, this mirrors the £451,663 capitalised as fixed assets.

Reserves

Total Reserves stood at £1,083,399 (2020: £590,008) and comprise a much more complex mix of liquid and illiquid funds than in previous years.

Free reserves, excluding designated funds, stood at £329,080 (2020: £208,722) this equates to approximately 6 months of operating costs using our 2021/2022 budget, this meets the charity’s reserve policy but does not offer any additional funds to be used up.

Designated reserves stood at £644,278 (2020: £202,203) these comprise:

Restricted Funds stood at £110,041 (2020: 179,083) of which £82,886 was restricted to specific types of our work with families. These funds are used and replenished throughout the year.

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Dandelion Time’s Annual Report & Financial Statements 2021

Statement of Trustees’ Responsibilities

The trustees, who are also the directors of the company for the purposes of company law, are responsible for preparing the Trustees’ Report and Financial Statements in accordance with applicable law and regulations.

Company law requires the trustees to prepare accounts for each financial year. Under that law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure account, of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime in Part 15 of the Companies Act 2006.

Approved by the Board of Trustees on 4 February 2022 and signed on its behalf by:

Dr Caroline Jessel Chair

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Dandelion Time’s Annual Report & Financial Statements 2021

3. INDEPENDENT EXAMINERS REPORT

I report to the charity trustees on my examination of the financial statements of Dandelion Time (the charity) for the year ended 31 August 2021.

Responsibilities and Basis of Report

As trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

An independent examination has taken place instead of an audit. In accordance with Regulation 31(f) of the Charities (Accounts and Reports) Regulations 2008, the Charity Commission granted a dispensation from audit dated 17 November 2021. Accordingly, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent Examiner's Statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in s145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect:

  1. Accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006; or

  2. The accounts do not accord with those records; or

  3. The accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report and in order to enable a proper understanding of the accounts to be reached.

Date: 22 March 2022

A S Healey FCA CTA DChA Lindeyer Francis Ferguson Limited North House, 198 High Street, Tonbridge Kent TN9 1BE

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DANDELION TIME

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2021

2021
Note
£
Income from:
Donations and legacies
3
325,629
Charitable activities
4
47,547
Other trading activities
5
18,243
Investments
714
Total
392,133
Expenditure on:
Raising funds
6
171,202
Charitable activities
7
37,684
Other costs
8
62,292
Exceptional items
Release of provision
9
-
Total
271,178
Net income
10
120,955
Transfers between funds
( 597)
Net movement in funds
120,358
Reconciliation of funds:
Total funds brought forward
208,722
Total funds carried forward
14
329,080
Unrestricted
funds		 2021
£
-
-
-
-
-
-
-
247
-
247
( 247)
442,322
442,075
202,203
644,278
Designated
funds		 2021
Restricted
funds
£
667,980
-
-
-
667,980
-
278,242
17,055
-
295,297
372,683
( 441,725)
( 69,042)
179,083
110,041		 2021
Total
funds
£
993,609
47,547
18,243
714
1,060,113
171,202
315,926
79,594
-
566,722
493,391
-
493,391
590,008
1,083,399		 2020
Total
funds
£
597,660
35,136
7,783
694
641,273
146,420
383,058
77,838
( 180,000)
427,316
213,957
-
213,957
376,051
590,008

16

DANDELION TIME

BALANCE SHEET AS AT 31 AUGUST 2021

Note
Fixed assets
Tangible assets
12
Current assets
Cash at bank and in hand
Creditors:amounts falling due
within one year
13
Net current assets
Total net assets
The funds of the charity:
Unrestricted funds
Designated funds
Restricted funds
14		 2021
£
879,284
879,284
( 269,748)		 2021
£
473,863
473,863
609,536
1,083,399
329,080
644,278
110,041
1,083,399		 2020
£
850,840
850,840
( 283,032)		 2020
£
22,200
22,200
567,808
590,008
208,722
202,203
179,083
590,008

For the financial year ended 31 December 2021 the charitable company was entitled to exemption from audit under section 477 Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. The financial statements were approved by the Board of Trustees on 4 February 2022 and were signed on its behalf by:

CAROLINE JESSEL Chair

Company number: 4959632

17

DANDELION TIME

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2021

Note
Cash flows from operating activities:
Net cash provided by operating activities
A
Cash flows from investing activities:
Interest received
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
A. Reconciliation of net income to net cash flow from operating activities
Net income for the year
Interest received
Release of provision
Increase in creditors
Net cash provided by operating activities		 2021
£
479,393
714
( 451,663)
( 450,949)
28,444
850,840
879,284
493,391
( 714)
-
( 13,284)
479,393		 2020
£
259,379
694
( 22,200)
( 21,506)
237,873
612,967
850,840
213,957
( 694)
( 180,000)
226,116
259,379

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

DANDELION TIME

1 ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Dandelion Time meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

There are no material uncertainties about the charity's ability to continue, and so the going concern basis of accounting has been adopted.

The financial statements are presented in pounds sterling and rounded to the nearest pound.

Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

The impact of the pandemic has been two-fold, increasing demand from children and families and creating a challenging fund raising environment. The charity has continued to provide reorganised family services throughout and these are presented within family activities. Government Grants and National Emergency grants have been used in the period to which they relate.

Income

Income from donations and grants is recognised when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably.

For donations this is usually on receipt. For grants, this is usually when a formal offer is made in writing, unless the grant contains terms and conditions outside of the charity's control which must be met before the charity is entitled to the funds. Where grants are received in response to a proposal including a budgeted timescale, such that the timescale for the expenditure is implicit in the grant agreement, the income is recognised in accordance with that timescale.

Income from fundraising events is recognised when the event takes place.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

DANDELION TIME

1 ACCOUNTING POLICIES continued

Income continued

Contractual income and performance related grants are shown in income from charitable activities, and are recognised in the period in which the goods and services are provided or to the extent that performance related outputs have been achieved, as appropriate.

Gifts in kind for sale are recognised income when sold at the selling price.

Other gifts in kind such as good or services for use by the charity are recognised when received only where their value can be reliably estimated and the value is greater than £1,000. In practice, due to the uncertainty of this valuation most gifts in kind are noted in the annual report rather than the financial statements.

Investment income is recognised when receivable.

Expenditure

Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably.

Direct costs are allocated to the activity in which they relate. Support costs have been allocated on the basis of staff hours directly attributable. Governance costs include those costs directly associated with the general running of the charity and are included in support costs.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.

Designated funds are unrestricted funds which the Trustees have designated to be used for a particular purpose.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

20

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

DANDELION TIME

1 ACCOUNTING POLICIES continued

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. As at 31 August 2021, the assets capitalised were not yet in use and therefore no depreciation is provided. Once brought into use, the property will be depreciated over the life of the lease to which the land is subject.

Assets costing less than £2,000 are not capitalised but are recognised as expenditure in the Statement of Financial Activities in the year incurred.

Financial instruments

The charity only has financial instruments of a kind that qualify as basic financial instruments. Short term basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period to which the entitlement relates.

Payments to defined contribution pension schemes are charged as an expense as they fall due.

2 STATUS

Dandelion Time is a charitable company limited by guarantee incorporated in England and Wales. The members of the charity are the Trustees. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office and its place of business is Elmscroft Cottage, Charlton Lane, West Farleigh, Kent ME15 0NY.

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DANDELION TIME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

3 INCOME FROM DONATIONS AND LEGACIES

Donations from individuals
Donations from community groups
Donations from corporate bodies
Donated goods
Legacies
Grants from trusts and foundations
Coronavirus job retention scheme
Gift aid recovery		 2021
£
152,139
2,413
46,448
13,872
1,252
739,563
26,197
11,725
993,609		 2020
£
122,654
27,635
105,030
-
1,386
300,245
28,000
12,710
597,660

In the current period restricted income was £667,980 of which £391,846 related to the capital campaign. In the preceding period, income of £209,088 was restricted.

4 INCOME FROM CHARITABLE ACTIVITIES

2021
£
Statutory agency
38,547
Private placements
8,900
Training
-
8,900
Families
Programmes		 2021
Training
£
-
-
100
100		 2021
Total
£
38,547
8,900
100
47,547		 2020
Total
£
23,950
8,634
2,552
35,136

5 INCOME FROM OTHER TRADING ACTIVITIES

Fundraising events
Sale of produce and space		 2021
£
14,443
3,800
18,243		 2020
£
5,175
2,608
7,783

In the preceding period, income of £1,175 was restricted.

22

DANDELION TIME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

6 EXPENDITURE ON RAISING FUNDS

Staff costs
Fundraising costs
Support costs allocated
EXPENDITURE ON CHARITABLE ACTIVITIES
2021
£
Staff costs
179,352
Direct costs
28,092
Support costs allocated
104,550
311,994
Support costs comprise:
Staff costs
Rent, utilities and property costs
Insurance
Communication and IT costs
Office costs
Governance costs:
Independent examiners fee
Families
Programmes		 2021
Training
£
1,538
1,315
1,079
3,932		 2021
£
108,630
13,997
48,575
171,202
2021
Total
£
180,890
29,407
105,629
315,926
86,305
21,844
6,665
28,635
7,755
3,000
154,204		 2020
£
80,160
9,782
56,478
146,420
2020
Total
£
192,270
26,390
164,398
383,058
133,872
28,929
5,418
40,642
9,015
3,000
220,876

7 EXPENDITURE ON CHARITABLE ACTIVITIES

In the preceding period, £145,375 of expenditure was paid from restricted funds.

23

DANDELION TIME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

8 OTHER COSTS

OTHER COSTS
Staff costs
Direct costs
Furlough costs		 2021
£
34,830
18,567
26,197
79,594		 2020
£
23,024
26,814
28,000
77,838

Staff and direct costs are in relation to the relocation and development costs. In respect of furlough costs, please refer to Note 11.

9 EXCEPTIONAL ITEMS

In the prior year, the provision recorded in 2019 was released in accordance with FRS 102 as the landlord of Elmscroft House waived the requirement for reinstatement of the premises to the condition they were in in 2003 and therefore it was no longer required. The funds were moved to a designated fund for building renovation that is essential for the running of programmes at the new site.

10 NET INCOME

NET INCOME
2021 2020
£ £
Net income is stated after charging:
Independent examination fee 3,000 3,000

24

DANDELION TIME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

11 STAFF COSTS

Gross salaries
Employer's National Insurance contributions
Employer's pension contributions		 2021
£
361,973
29,231
19,451
410,655		 2020
£
405,702
31,745
19,879
457,326

Furloughed staff costs have been shown separately within resources expended as other costs so that the costs of charitable activities show a true and fair view of costs actually utilised in the year.

There were no employees with employment benefits (excluding employer pension contributions) of more than £60,000 in the current nor preceding period.

During the period, Dandelion Time employed 18 staff on a head count basis (2020: 20).

12 TANGIBLE FIXED ASSETS

Buildings in
construction
£
Cost
Brought forward at 1 September 2020 22,200
Additions 451,663
Carried forward at 31 August 2021 473,863
Depreciation
Brought forward at 1 September 2020 -
Charged for the year -
Carried forward at 31 August 2021 -
Net book value
At 31 August 2021 473,863
At 31 August 2020 22,200

25

DANDELION TIME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

13 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals and deferred income
Tax and social security
Other creditors
The movement on deferred income is as follows:
Balance at 1 September 2020
Released to income
Received in the year and deferred
Balance at 31 August 2021		 2021
£
266,522
2
3,224
269,748
2021
£
260,210
( 260,210)
135,778
135,778		 2020
£
283,032
-
-
283,032
2020
£
51,076
( 51,076)
260,210
260,210

13 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR continued

Deferred grant income relates to grants where the funder has specified that it is to be used in future periods, where the application included budgets showing use in a future period, or where there are performance-related conditions which have not yet been met. Deferred contract income relates to funds paid in advance of referrals being made to the programmes.

26

DANDELION TIME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

14 MOVEMENT ON FUNDS

CURRENT YEAR
Restricted funds
Strategic premises
Family programmes
BBC Children in Need
Foster and adopted placements
Domestic Abuse programmes
Digital enhancement
Branches
Other restricted funds
Unrestricted funds
General fund
Designated funds:
Designated fixed assets
Strategic premises
Expansion strategy
Total funds		 Brought
forward
£
93,631
19,265
10,972
6,000
7,499
-
38,611
3,105
179,083
208,722
22,200
180,003
-
410,925
590,008		 Income
£
391,846
93,765
83,172
-
90,156
8,241
-
800
667,980
392,133
-
-
-
392,133
1,060,113		 £
( 17,055)
( 75,215)
( 74,812)
( 6,000)
( 90,157)
( 7,783)
( 22,173)
( 2,102)
( 295,297)
( 271,178)
-
( 247)
-
( 271,425)
( 566,722)
Expenditure		 Transfers
£
( 441,725)
-
-
-
-
-
-
-
( 441,725)
( 597)
451,663
( 109,341)
100,000
441,725
-		 Carried
forward
£
26,697
37,815
19,332
-
7,498
458
16,438
1,803
110,041
329,080
473,863
70,415
100,000
973,358
1,083,399

RESTRICTED FUNDS:

Strategic Premises

Income and expenditure restricted to the redevelopment at the Elmscroft cottage site.

Family Programmes

For work with specific families. The prior period movement has been grossed up for £25,344 income and expenditure.

BBC Children in Need

Income and expenditure relating to this three-year grant.

Domestic Abuse programmes

For children impacted by domestic abuse.

27

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

DANDELION TIME

14 MOVEMENT ON FUNDS continued

Foster & Adopted

For programme work with children in care or recently adopted.

Digital enhancement

For the development of a new website, refreshed branding, new social media channels and additional payment and donation channels.

Branches

Income and expenditure tested to a new branch - for the time being Ashford.

DESIGNATED FUNDS:

Fixed assets

These will be utilised by depreciation over either the term remaining on the lease of Elmscroft Cottage (to 31 March 2050) or the expected life of the asset if shorter.

Strategic premises

It is expected this fund will be used in the next financial year on the final elements of the property renovation. A proportion may be transferred to the Fixed Asset fund.

Expansion strategy

This fund is designated to meet the costs associated with delivering the strategic plan, and will be expended over the next 4-5 years primarily on staff and site costs associated with opening new premises.

28

DANDELION TIME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

14 MOVEMENT ON FUNDS continued

PRIOR YEAR
Brought
forward
Income
£
£
Restricted funds
Strategic premises
-
93,631
Family programmes
49,000
64,609
BBC Children in Need
2,780
37,365
Foster & adopted
21,000
-
Domestic Abuse programmes
2,499
30,000
Item grants
5,205
-
Branches
33,711
10,002
114,195
235,607
Unrestricted funds
General fund
261,856
430,880
Designated strategic plan
-
-
Other designated
-
130
261,856
431,010
Total funds
376,051
666,617
15
ANALYSIS OF NET ASSETS BETWEEN FUNDS
CURRENT YEAR
£
Fixed assets
-
Net current assets
329,080
329,080
PRIOR YEAR
Fixed assets
-
Net current assets
208,722
208,722
Unrestricted
funds		 £
-
( 94,344)
( 29,173)
( 15,000)
( 25,000)
( 2,100)
( 5,102)
( 170,719)
( 253,999)
( 26,453)
( 1,489)
( 281,941)
( 452,660)
£
473,863
170,415
644,278
22,200
180,003
202,203
Desginated
funds
Expenditure		 Transfers
£
-
-
-
-
-
-
-
-
( 230,015)
26,453
203,562
-
-
Restricted
funds
£
-
110,041
110,041
-
179,083
179,083		 Carried
forward
£
93,631
19,265
10,972
6,000
7,499
3,105
38,611
179,083
208,722
-
202,203
410,925
590,008
Total funds
£
473,863
609,536
1,083,399
22,200
567,808
590,008

29

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

DANDELION TIME

16 OPERATING LEASE COMMITMENTS

The charity is committed to future minimum lease payments under non-cancellable operating leases as follows:

follows:
2021 2020
£ £
Due within one year 12,600 12,600

17 RELATED PARTY TRANSACTIONS

One of the Trustees, Mr Simon Norman, is a director of The Rookery Estates Company who own the leasehold of the charity's current and previous premises. During the year rent was paid of £18,702 (2020: £10,000), and there were no amounts outstanding at the year end (2020: £nil).

The key management personnel for the year ended 31 August 2021 are considered to be the Trustees and the Senior Management team. Total emoluments, including employer's pension contributions and employers NIC, paid in respect of key management personnel were £198,350 (2020: £159,914).

The members of the Senior Management Team contribute approximately a quarter of staff hours and also undertake therapeutic, training and fundraising activities.

There were no Trustees' remuneration or other benefits during the current or prior period.

No expenses were reimbursed to trustees during the year (2020: none).

30