## **CHAIR’S REPORT TO THE ANNUAL GENERAL MEETING OF DREAM-A-WAY FOR THE YEAR ENDING 31[ST] DECEMBER 2022** ## **(PRESENTED AT THE AGM ON MONDAY 24[th] JULY 2023)** ## **1. WELCOME** **I would like to formally welcome the Trustees to the Annual General Meeting of Dream-A-Way for the year end 31[st] December 2022** **The trustees have agreed to again hold the AGM at their quarterly meeting** **The Management Committee have been contacted for their input or comments regarding this AGM** ## **2. 2022 SUMMARY** **2022 was Dream-A-Way’s 29th year** **Yet again it was another tough financial year but through the hard work and dedication of the “Dream Team” we continued to make great progress with our fundraising and income, which has reached another staggering total to be announced by our treasurer of** ## **£140,277 for 2022 – this brings our total to a staggering £2,765,812** **Dream-A-Way continue to raise huge amounts of money as we race towards our third million pounds of fundraising** **In 1994, our first year, we raised £10,063.18 which just shows how incredibly we have progressed each year** **This achievement is even more amazing when you stop to consider that everyone involved with Dream-A-Way remain happy to be true, unpaid volunteers, in every sense of the word …no honorarium …no wages ... no expenses but still very professional** > Patron: Sir John S Evans OstJ QPM DL LL.B | President: Nigel Mansell CBE | Chair / Trustee: Jeff Merrett MBE Trustees: Gill Freeman | Darren Galliford | Tony Johnson I Paula Stacey Charitable Incorporated Organisation. Registered Charity No.1155175 66, Bishops Way EXETER EX2 7PF info@dream-a-way.org | www.dream-a-way.org **Everyone’s hard work has ensured our continued success and this has meant we have been able to support more deserving local people to take an outing, caravan holiday or a grant towards their dream trip.** **Our holiday grants have increased and caravan guests continue to increase and ensure many local people receive the benefit of some quality holiday time** **In 1999 we purchased our first caravan at Sandy Bay** **By 2022 we owned 8 luxury holiday homes at Sandy Bay – valued at nearly £250,000** **During the 2022 season our caravan fleet was kept in immaculate condition thanks to our stalwart team of volunteers:** **Vicky, Paula, Hayley and Abbi/Abbie, Shelley, Tina, Anne ,Claire and Deano and Allyson and Paul** **On behalf of Dream-A-Way, I would like to formally record our grateful thanks to them all for their hard work, loyalty and dedication** **The statistics undoubtedly prove that our caravans are greatly needed and appreciated by our clients** **There were 39 guests in our caravan during 1999** **During 2022 another 951 guests had a week’s break in one of our caravan fleet which brings the total number of guests to 16,054 in the first 25 years … now that really is quite amazing** **The statistics for our holiday grants show an huge increase over 2021 following Covid with a spend on holiday grants during 2022 of £21099 which is an average of £1172 per grant** **.…...that is a lot of money, a lot of grants, a lot of caravan holidays and a lot of very happy, local people** ## **3. ONGOING STRATEGIC PLANNING** **It is a major role of the trustees and management committee of Dream-A-Way to ensure that we continue to maintain a strategic over view of both our fundraising and spending activities.** **It is imperative that we regularly look at ourselves and undertake periodic skills audits of our team to ensure that we maintain an efficient and fit for purpose group ...** **From our President and Patron through to our Vice Presidents, Trustees and Management Committee** **To progress this we have again added to our team and undertaken some role changes within the management committee, in an effort to match individual volunteers to roles that fit their experiences and abilities** Charitable Incorporated Organisation 1155175 **The outcome, I believe, is a stronger and more transparent group fit to continue to manage Dream-A-Way for both the present and the future** **The workloads remain high, yet all of the Trustees, the management committee, volunteers and supporters continue to work tirelessly as a united team, on all aspects of Dream-A-Way as we continue to develop and consolidate** ## **4. 2022 HIGHLIGHTS** **There were once again, many exciting highlights during 2022 to list them all here, but I would just like to mention a few** **Dream-A-Way has been so proud to continue as charity partner to the fantastic HMS DEFENDER one of Britain’s top warships.** **Our association with the new Captain and Ship’s Company was further strengthened during another successful year and we all look forward to working with them all for years ahead** **Dream-A-Way were proud to have been chosen – for the second year - as the Charity of the Year for the Mayor of Okehampton – Councillor Robert Tolley** **Special mention for Shelley Potter who has not only continued increasing the revenue from collection pots she has also been very successful with chasing grants from both local and national companies – keep up the good work Shelley** **I am also delighted that Dream-A-Way has again been chosen as one of the designated charities supported by the Exeter Foundation which has helped increase our profile and allow us to share in the terrific success of the Exeter Chiefs** **With special mention of Mike Rock who has taken on a massive role on match days and has delivered over and above – thanks Mike** ## **5. THE DREAM-A-WAY FUTURE** **The future is definitely bright as we enter 2023 .... our 30th year and lots of exciting plans ahead** **The Chairman’s report to the Annual General Meeting usually includes thanks to many volunteers and supporters for their dedication throughout the year but once again I am going to break slightly with this tradition** **I ask each and every one of you to look at what WE have ALL achieved during the years of Dream-A-Way** **ALL of you have helped to make Dream-A-Way the success it is today** **Together we will continue to improve and strengthen to ensure that we help even more local people to enjoy holiday experiences they could not afford without our help** Charitable Incorporated Organisation 1155175 ## **Dream-A-Way Volunteer Team continue to secure their rewards from the miles of smiles of those we help** **It has been an honour to be the Chair of Dream-A-Way over the first 29 years and to be in the position to try to make a difference and believe me, what we all do, is appreciated by a large number of people throughout our community.** ## **We really do make a huge difference** ## **….and finally** **I will be honoured to continue as the Chair of Dream-A-Way CIO …not only officially the Best Loved Charity in Exeter but probably the Best Charity in the World!** ## **Into our 30th year -** **I will again ensure that we maintain our high standards and build on our already established strong position throughout Devon, as we continue the progress of Dream-A-Way - Charitable Incorporated Organisation 1155175.** **I will continue to lead from the front, as we take Dream-A-Way forward together for another year, with imagination, vision and ambition, whilst maintaining a smile and a sense of humour I will endeavour to help more families and individuals to enjoy that special outing, caravan holiday at the Devon seaside or offer grants towards their dream holiday throughout the World, above all I will continue to do this and .........** ## **Keep smiling** ## **Jeff MERRETT MBE Chair** ## **24[th] July 2023** Charitable Incorporated Organisation 1155175 **REGISTERED CHARITY NUMBER: 1155175** **Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2022 for Dream-A-Way CIO** SPF Accountancy Ltd Unit 14 Dunchideock Barton Dunchideock Exeter Devon EX2 **Dream-A-Way CIO** **Contents of the Financial Statements for the Year Ended 31 December 2022** ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4 to 5| |Notes to the Financial Statements|6 to 8| |Detailed Statement of Financial Activities|9 to 10| **Dream-A-Way CIO** ## **Report of the Trustees for the Year Ended 31 December 2022** The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1155175 ## **Principal address** 66 Bishops Way Exeter Devon EX2 7PF ## **Trustees** J Merrett Mrs G Freeman D Galliford A Johnson Mrs P Stacey ## **Independent examiner** SPF Accountancy Ltd Unit 14 Dunchideock Barton Dunchideock Exeter Devon EX2 9UA ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an incorporated charity. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **ON BEHALF OF THE BOARD** : ............................................. D Galliford - Trustee 24 Jul 2023 Date: ............................................. Page 1 **Independent Examiner's Report to the Trustees of Dream-A-Way CIO** I report on the accounts for the year ended 31 December 2022 set out on pages three to eight. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## SPF Accountancy Ltd SPF Accountancy Ltd Unit 14 Dunchideock Barton Dunchideock Exeter Devon EX2 8WA 24 Jul 2023 Date: ............................................. Page 2 **Dream-A-Way CIO** ## **Statement of Financial Activities for the Year Ended 31 December 2022** |||Year Ended|Year Ended| |---|---|---|---| |||31/12/22|31/12/21| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**INCOMING RESOURCES**|||| |**Incoming resources from generated funds**|||| |Investment income|2|27|10| |**Incoming resources from charitable activities**|||| |General Fundraising||125,957|86,584| |**Other incoming resources**||14,293|-| |**Total incoming resources**||140,277|86,594| |**RESOURCES EXPENDED**|||| |**Charitable activities**|||| |General Fundraising||122,843|90,031| |**Governance costs**||400|400| |**Other resources expended**||-|-| |**Total resources expended**||123,243|90,431| |**NET INCOMING RESOURCES**||17,034|(3,837)| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||429,169|433,006| |**TOTAL FUNDS CARRIED FORWARD**||446,203|429,169| The notes form part of these financial statements Page 3 **Dream-A-Way CIO** ## **Balance Sheet At 31 December 2022** |||31/12/22|31/12/21| |---|---|---|---| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|4|247,394|183,285| |**CURRENT ASSETS**|||| |Debtors|5|43,525|50,445| |Cash at bank||161,127|206,732| |||204,652|257,177| |**CREDITORS**|||| |Amounts falling due within one year|6|(3,900)|(9,350))| |**NET CURRENT ASSETS**||200,752|247,827| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||448,146|431,112| |**PROVISIONS FOR LIABILITIES**|7|(1,943)|(1,943)| |**NET ASSETS**||446,203|429,169| |**FUNDS**|8||| |Unrestricted funds||446,203|429,169| |**TOTAL FUNDS**||446,203|429,169| The notes form part of these financial statements continued... Page 4 **Dream-A-Way CIO** ## **Balance Sheet - continued At 31 December 2022** ## 24 Jul 2023 The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by: ............................................. D Galliford -Trustee ............................................. J Merrett -Trustee The notes form part of these financial statements Page 5 **Dream-A-Way CIO** ## **Notes to the Financial Statements for the Year Ended 31 December 2022** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Caravans - 10% on cost Equipment and fixtures - 25% on reducing balance ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. INVESTMENT INCOME** ||Year Ended|Year Ended| |---|---|---| ||31/12/22|31/12/21| ||£|£| |Deposit account interest|27|10| Page 6 **Dream-A-Way CIO** **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the period ended 31 December 2021. ## **Trustees' expenses** There were no trustees' expenses were paid for the year ended 31 December 2022 nor for the period ended 31 December 2021. ## **4. TANGIBLE FIXED ASSETS** |**4.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| ||||Equipment|| |||Caravans|and fixtures|Totals| |||£|£|£| ||**COST**|||| ||At 1 January 2022|325,198|6,185|331,383| ||Additions|144,815|-|144,815| ||Disposals|(90,455)|-|(90,455)| ||At 31 December 2022|379,558|6,185|385,743| ||**DEPRECIATION**|||| ||At 1 January 2022|144,069|4,029|148,098| ||Charge for year|37,008|541|37,549| ||Eliminated on disposal|(47,298)|-|(47,298)| ||At 31 December 2022|133,779|4,570|138,349| ||**NET BOOK VALUE**|||| ||At 31 December 2022|245,779|1,615|247,394| ||At 31 December 2021|181,129|2,156|183,285| |**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/22|31/12/21| ||||£|£| ||Other debtors||43,525|50,445| |**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/22|31/12/21| ||||£|£| ||Other creditors||3,900|9,350| Page 7 **Dream-A-Way CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **7. PROVISIONS FOR LIABILITIES** ||||31/12/22|31/12/21| |---|---|---|---|---| ||||£|£| ||Provision for FA Replacement||1,943|1,943| |**8.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At 1/1/22|movement in|At 31/12/22| ||||funds|| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|429,169|17,034|446,203| ||**TOTAL FUNDS**|429,169|17,034|446,203| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement in| |||resources|expended|funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|140,277|123,243|17,034| ||**TOTAL FUNDS**|140,277|123,243|17,034| Page 8 **Dream-A-Way CIO** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022** ||Year Ended|Year Ended| |---|---|---| ||31/12/22|31/12/21| ||£|£| |**INCOMING RESOURCES**||| |**Investment income**||| |Deposit account interest|27|10| |**Incoming resources from charitable activities**||| |Caravan receipts|68,395|63,826| |Collection boxes|7,505|5,880| |Gift aid|1,931|1,250| |Sundry donations|39,127|14,805| |Exeter Foundation|8,999|823| ||125,957|86,584| |**Other incoming resources**||| |Gain on sale of tangible fixed assets|14,293|-| ||-|-| |**Total incoming resources**|140,277|86,594| |**RESOURCES EXPENDED**||| |**Charitable activities**||| |Caravan running costs and site fees|56,045|47,668| |Outings|-|-| |Sponsored event costs|200|354| |Sundry donations|23,085|4,957| ||79,330|52,979| |**Governance costs**||| |Accountancy|400|400| ||400|400| This page does not form part of the statutory financial statements Page 9 ## **Dream-A-Way CIO** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022** ||Year Ended|Year Ended| |---|---|---| ||31/12/22|31/12/21| ||£|£| |**Support costs**||| |**Other**||| |Insurance|4,918|3,724| |Office supplies|1,046|132| |Bank charges|-|(171)| |Depreciation of caravans|37,008|32,520| |Depreciation of equipment and fixtures|541|720| |Loss on disposal of tangible assets|-|127| ||43,513|37,052| |**Total resources expended**|123,243|90,431| |**Net income**|17,034|(3,837)| This page does not form part of the statutory financial statements Page 10 ## **Issuer** SPF Accountancy Ltd **Document generated** Mon, 24th Jul 2023 21:35:53 BST **Document fingerprint** 330a72919761c5aaa53ad1d18ee3e56a ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 22:03:44 BST Mr Darren Galliford - Signer (c1b0e745fe835a3aeb27a53652fbcf25) Mr Jeff Merrett - Signer (ca60696c6574694c0c374cf288b19002) Hub Administrator - Signer (339b8927138a458d6b02444d05ef38c3) ## **Audit history log** ## **Date** ## **Action** Mon, 24th Jul 2023 22:03:45 BST Mon, 24th Jul 2023 22:03:44 BST Mon, 24th Jul 2023 22:03:44 BST Mon, 24th Jul 2023 22:02:49 BST Mon, 24th Jul 2023 22:02:28 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 21:59:59 BST Mon, 24th Jul 2023 21:58:36 BST Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 21:45:54 BST Mon, 24th Jul 2023 21:36:02 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Hub Administrator viewed the envelope. (82.26.84.128) This envelope has been signed by all parties (82.26.84.128) Hub Administrator signed the envelope (82.26.84.128) Hub Administrator viewed the envelope. (82.26.84.128) Mr Jeff Merrett viewed the envelope. (167.71.88.191) Document emailed to party email (13.43.54.17) Sent the envelope to Hub Administrator for signing (167.71.88.191) Mr Jeff Merrett signed the envelope (167.71.88.191) Mr Jeff Merrett viewed the envelope. (167.71.88.191) Mr Darren Galliford viewed the envelope. (86.6.92.45) Document emailed to party email (13.43.54.17) Sent the envelope to Mr Jeff Merrett for signing (86.6.92.45) Mr Darren Galliford signed the envelope (86.6.92.45) Mr Darren Galliford viewed the envelope. (148.252.128.75) Document emailed to party email (35.177.139.40) Sent the envelope to Mr Darren Galliford for signing. (35.178.194.137) Hub Administrator has been assigned to this envelope. (35.178.194.137) Mr Jeff Merrett has been assigned to this envelope. (35.178.194.137) Mr Darren Galliford has been assigned to this envelope. (35.178.194.137) Envelope generated. (35.178.194.137) Mon, 24th Jul 2023 21:35:54 BST Document generated with fingerprint 330a72919761c5aaa53ad1d18ee3e56a. (35.178.194.137) Mon, 24th Jul 2023 21:35:53 BST Envelope generated with fingerprint 48515f8d6785941e46f5e54e30b21cbf (35.176.231.177) **REGISTERED CHARITY NUMBER: 1155175** **Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2022 for Dream-A-Way CIO** SPF Accountancy Ltd Unit 14 Dunchideock Barton Dunchideock Exeter Devon EX2 **Dream-A-Way CIO** **Contents of the Financial Statements for the Year Ended 31 December 2022** ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4 to 5| |Notes to the Financial Statements|6 to 8| |Detailed Statement of Financial Activities|9 to 10| **Dream-A-Way CIO** ## **Report of the Trustees for the Year Ended 31 December 2022** The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1155175 ## **Principal address** 66 Bishops Way Exeter Devon EX2 7PF ## **Trustees** J Merrett Mrs G Freeman D Galliford A Johnson Mrs P Stacey ## **Independent examiner** SPF Accountancy Ltd Unit 14 Dunchideock Barton Dunchideock Exeter Devon EX2 9UA ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an incorporated charity. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **ON BEHALF OF THE BOARD** : ............................................. D Galliford - Trustee 24 Jul 2023 Date: ............................................. Page 1 **Independent Examiner's Report to the Trustees of Dream-A-Way CIO** I report on the accounts for the year ended 31 December 2022 set out on pages three to eight. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## SPF Accountancy Ltd SPF Accountancy Ltd Unit 14 Dunchideock Barton Dunchideock Exeter Devon EX2 8WA 24 Jul 2023 Date: ............................................. Page 2 **Dream-A-Way CIO** ## **Statement of Financial Activities for the Year Ended 31 December 2022** |||Year Ended|Year Ended| |---|---|---|---| |||31/12/22|31/12/21| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**INCOMING RESOURCES**|||| |**Incoming resources from generated funds**|||| |Investment income|2|27|10| |**Incoming resources from charitable activities**|||| |General Fundraising||125,957|86,584| |**Other incoming resources**||14,293|-| |**Total incoming resources**||140,277|86,594| |**RESOURCES EXPENDED**|||| |**Charitable activities**|||| |General Fundraising||122,843|90,031| |**Governance costs**||400|400| |**Other resources expended**||-|-| |**Total resources expended**||123,243|90,431| |**NET INCOMING RESOURCES**||17,034|(3,837)| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||429,169|433,006| |**TOTAL FUNDS CARRIED FORWARD**||446,203|429,169| The notes form part of these financial statements Page 3 **Dream-A-Way CIO** ## **Balance Sheet At 31 December 2022** |||31/12/22|31/12/21| |---|---|---|---| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|4|247,394|183,285| |**CURRENT ASSETS**|||| |Debtors|5|43,525|50,445| |Cash at bank||161,127|206,732| |||204,652|257,177| |**CREDITORS**|||| |Amounts falling due within one year|6|(3,900)|(9,350))| |**NET CURRENT ASSETS**||200,752|247,827| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||448,146|431,112| |**PROVISIONS FOR LIABILITIES**|7|(1,943)|(1,943)| |**NET ASSETS**||446,203|429,169| |**FUNDS**|8||| |Unrestricted funds||446,203|429,169| |**TOTAL FUNDS**||446,203|429,169| The notes form part of these financial statements continued... Page 4 **Dream-A-Way CIO** ## **Balance Sheet - continued At 31 December 2022** ## 24 Jul 2023 The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by: ............................................. D Galliford -Trustee ............................................. J Merrett -Trustee The notes form part of these financial statements Page 5 **Dream-A-Way CIO** ## **Notes to the Financial Statements for the Year Ended 31 December 2022** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Caravans - 10% on cost Equipment and fixtures - 25% on reducing balance ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. INVESTMENT INCOME** ||Year Ended|Year Ended| |---|---|---| ||31/12/22|31/12/21| ||£|£| |Deposit account interest|27|10| Page 6 **Dream-A-Way CIO** **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the period ended 31 December 2021. ## **Trustees' expenses** There were no trustees' expenses were paid for the year ended 31 December 2022 nor for the period ended 31 December 2021. ## **4. TANGIBLE FIXED ASSETS** |**4.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| ||||Equipment|| |||Caravans|and fixtures|Totals| |||£|£|£| ||**COST**|||| ||At 1 January 2022|325,198|6,185|331,383| ||Additions|144,815|-|144,815| ||Disposals|(90,455)|-|(90,455)| ||At 31 December 2022|379,558|6,185|385,743| ||**DEPRECIATION**|||| ||At 1 January 2022|144,069|4,029|148,098| ||Charge for year|37,008|541|37,549| ||Eliminated on disposal|(47,298)|-|(47,298)| ||At 31 December 2022|133,779|4,570|138,349| ||**NET BOOK VALUE**|||| ||At 31 December 2022|245,779|1,615|247,394| ||At 31 December 2021|181,129|2,156|183,285| |**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/22|31/12/21| ||||£|£| ||Other debtors||43,525|50,445| |**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/22|31/12/21| ||||£|£| ||Other creditors||3,900|9,350| Page 7 **Dream-A-Way CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **7. PROVISIONS FOR LIABILITIES** ||||31/12/22|31/12/21| |---|---|---|---|---| ||||£|£| ||Provision for FA Replacement||1,943|1,943| |**8.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At 1/1/22|movement in|At 31/12/22| ||||funds|| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|429,169|17,034|446,203| ||**TOTAL FUNDS**|429,169|17,034|446,203| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement in| |||resources|expended|funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|140,277|123,243|17,034| ||**TOTAL FUNDS**|140,277|123,243|17,034| Page 8 **Dream-A-Way CIO** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022** ||Year Ended|Year Ended| |---|---|---| ||31/12/22|31/12/21| ||£|£| |**INCOMING RESOURCES**||| |**Investment income**||| |Deposit account interest|27|10| |**Incoming resources from charitable activities**||| |Caravan receipts|68,395|63,826| |Collection boxes|7,505|5,880| |Gift aid|1,931|1,250| |Sundry donations|39,127|14,805| |Exeter Foundation|8,999|823| ||125,957|86,584| |**Other incoming resources**||| |Gain on sale of tangible fixed assets|14,293|-| ||-|-| |**Total incoming resources**|140,277|86,594| |**RESOURCES EXPENDED**||| |**Charitable activities**||| |Caravan running costs and site fees|56,045|47,668| |Outings|-|-| |Sponsored event costs|200|354| |Sundry donations|23,085|4,957| ||79,330|52,979| |**Governance costs**||| |Accountancy|400|400| ||400|400| This page does not form part of the statutory financial statements Page 9 ## **Dream-A-Way CIO** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022** ||Year Ended|Year Ended| |---|---|---| ||31/12/22|31/12/21| ||£|£| |**Support costs**||| |**Other**||| |Insurance|4,918|3,724| |Office supplies|1,046|132| |Bank charges|-|(171)| |Depreciation of caravans|37,008|32,520| |Depreciation of equipment and fixtures|541|720| |Loss on disposal of tangible assets|-|127| ||43,513|37,052| |**Total resources expended**|123,243|90,431| |**Net income**|17,034|(3,837)| This page does not form part of the statutory financial statements Page 10 ## **Issuer** SPF Accountancy Ltd **Document generated** Mon, 24th Jul 2023 21:35:53 BST **Document fingerprint** 330a72919761c5aaa53ad1d18ee3e56a ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 22:03:44 BST Mr Darren Galliford - Signer (c1b0e745fe835a3aeb27a53652fbcf25) Mr Jeff Merrett - Signer (ca60696c6574694c0c374cf288b19002) Hub Administrator - Signer (339b8927138a458d6b02444d05ef38c3) ## **Audit history log** ## **Date** ## **Action** Mon, 24th Jul 2023 22:03:45 BST Mon, 24th Jul 2023 22:03:44 BST Mon, 24th Jul 2023 22:03:44 BST Mon, 24th Jul 2023 22:02:49 BST Mon, 24th Jul 2023 22:02:28 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 22:02:27 BST Mon, 24th Jul 2023 21:59:59 BST Mon, 24th Jul 2023 21:58:36 BST Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 21:58:35 BST Mon, 24th Jul 2023 21:45:54 BST Mon, 24th Jul 2023 21:36:02 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Mon, 24th Jul 2023 21:35:54 BST Hub Administrator viewed the envelope. (82.26.84.128) This envelope has been signed by all parties (82.26.84.128) Hub Administrator signed the envelope (82.26.84.128) Hub Administrator viewed the envelope. (82.26.84.128) Mr Jeff Merrett viewed the envelope. (167.71.88.191) Document emailed to party email (13.43.54.17) Sent the envelope to Hub Administrator for signing (167.71.88.191) Mr Jeff Merrett signed the envelope (167.71.88.191) Mr Jeff Merrett viewed the envelope. (167.71.88.191) Mr Darren Galliford viewed the envelope. (86.6.92.45) Document emailed to party email (13.43.54.17) Sent the envelope to Mr Jeff Merrett for signing (86.6.92.45) Mr Darren Galliford signed the envelope (86.6.92.45) Mr Darren Galliford viewed the envelope. (148.252.128.75) Document emailed to party email (35.177.139.40) Sent the envelope to Mr Darren Galliford for signing. (35.178.194.137) Hub Administrator has been assigned to this envelope. (35.178.194.137) Mr Jeff Merrett has been assigned to this envelope. (35.178.194.137) Mr Darren Galliford has been assigned to this envelope. (35.178.194.137) Envelope generated. (35.178.194.137) Mon, 24th Jul 2023 21:35:54 BST Document generated with fingerprint 330a72919761c5aaa53ad1d18ee3e56a. (35.178.194.137) Mon, 24th Jul 2023 21:35:53 BST Envelope generated with fingerprint 48515f8d6785941e46f5e54e30b21cbf (35.176.231.177)