CHAIR'S REPORT TO THE ANNUAL GENERAL MEETING OF DREAM.A.WAY CIO FOR THE YEAR ENDING 318T DECEMBER 2025 (PRESEKfED BY JEFF MERRETf MBE AT THE AGM ON MONDAY 17Th AUGUST 2026) I. WELCOME l M)uld Ilke to formally welcome tho Tru$toH to th• Ann￿1 Genoral Meotlng of Dr￿￿-A￿laY CIO for the yoar and 31•1 December 2025 Tho tru•teH hav• agrood to •galn hold tho AGM at th•lr quarterfy Mo￿1ng Tho manag￿eTht Commltta• havo b••n contactod for thelr Input or COMM￿ r•gardlng th1• AGhl 2. 2025 SUMMARY 2025 was Dr•anFA.W•y'* 33rd y•ar Y•t agaln It anoth•r tough flnanclal year but through tho hard *i)rk and dodlcatlon of th• "Drnam Toam" ￿ conllnued to make great progrfjm our fundrnising and Incomo. whlch roached another 8tsggerlng total to bo announced by our tr•asuror of 9 for 2025- th1• brfny ow total to • •tsgg•rfng £3.129W6 DroamA-Way conllnuo to ralso hugo amoun1• of money and 2025 was boosted by the salo of the two caravan• generously donated by Val•rl• Ayton and tho klnd donatlon of a lodg• at D•von Hllls by THHN Aft¢r mueh dollb•ratlon th? Lodg0 wa• •old In 1994, our firnt ygar, ¥n rn18od £10,063.18 lust shows how Incrodllty wo havo progresmd yoar Thls achievement 18 evon more amazing you stop to con•khr that •voryon• Involvod wlth Dr•am-A-Way remaln happy to bo true, un Id volunteers, In every sense of th• word wa es .noex enses but still ve rofesslonal Evoryone's hard VkY>rk has onsured our contlnuod succe8s and Ihh has M￿nt ￿ have boon able to support more do￿l¥Ing local poople to take an outtng, cardvan hollday or a grant towards their dr&*n trty). .no honorarfum .no We have ¢onllnued awardlng hollday grants and caravan hdidays to ensure many MO￿ local pooplo racoive the bonefft of som• quality holiday time In 1999 we purcha￿ our Ilvst caravan at sa￿ Bay By 2021 ￿ ovmed 9 &iravans and made th? (Trult decision to rwluce our 11oOt to a more manageable number ovor future years In 2025 ￿ operated 7 luxury holiday homes at Sandy Bay- valued at over £220,OIXI Dvrfng the 2025 sèason our caravan fleot k•M In IMMI￿late cond11k￿ thank• to our stalwart t•am of voluntsgr¥: 8halloy, AnnQ.D0an￿ Donna, Andy and Hol On behalf of DroamwA-Way. I ¥￿Uld Ilkè to fornially r•cord our grat•ful thanks to thom •ll for their hard WOfK loyalty and contlnuod dadi&thn The 8tatlstlc8 undoubt•dty prov• that our caravans ar• grnaty n•ad•d and appreci•tod by our many ¢11onts Thero ￿re 39 guests In our c￿• ur•van durfng 199 During 2025 another 798 guosts had • wk's break In on• of our caravan fleet vthlch brfng• tho total numbw of gU￿ts to 18315 In tho firnt 28 y•#• ... now th•t rMIty l• qulte amazlng Tho statlstlcs for our hollday grants show • *p￿d on hollday grant• durlng 2025 of £8353 that h a lot of mon•ytr • lot ol grants, a lot rf carnvan holIda￿ and * k>t of vwy happy, 3. ON IN TRATE IC PLANNIN It l• a major ol tho tru$to0s and managwnant commlttoo of Dro•m-A-Way to an•urè that we contlnuo to malntaln a $tratsglc ovorvlew of both our fundraising and Spwdlng ac0v1t1￿. It h Impornlivo that ￿ r•gularty look at Ourselv￿ and undortkke porfodlc skllls audlts of our tsam to on$ur• that maintain an afficiont and fft for purpo•o group ... From our Prn8ldent and Patron through to our Vke Pro8ld•nls. Tru8te•• and Paanag•n•ni To progro•8 th1• m have agaln undortak•n •omo rolo ¢hang•J ￿thIn tho manogwnont commltteo and trustees In an efft)rt to match Indlvldual voluntO0rn to rol•8 that fft best wlth thelr oxperiences and ablllllos During 2025 Paula Stscey retired as a trust88 and Davld Maxw*ll itiint as a trustee We thank Paula for her help and support over the years and ￿lcoMe paaxy to his now trustse role The out¢om•. I believe. Is a Stroryer and more transparent group fit to ¢ontinue to manago DroamA-Way for both tho present and the luture Charitable IncOr￿ated Organisation 1155175 2025 HIGHLIGHT Th6ro onc• agaln, many exdttng highllghts during 2025 and I would just Ilko to montion afew Drearn￿.Way ha$ been $0 proud to continuo as charlty parther to thè tants8￿C HMS DEFENDER one of Brltsin's top vrdrships. Speclal mention again for Shelley Potter ¥tho has not only ￿ntinUed increasing tho rèvenue from collectton pots she has also been vory successful *ith Chasing grants from both local and na*lonal compani 8h•lley has contlntsod Ilalslng vhth many local businesses - Tho Coop and Tescos amongst many and conllnues plannlng and arranging blngo evening81 discos and bucket collectlons - koop up the good *x>rk Shelloy l am also delIght￿ that Dr•am-A-Way wa• agaln bfjon choJen a• one of th• do8ignatsd charltles Supported by the Exoter Foundalk>n vthlch ha• helpod Incr••so our profilo and allow WJ Io share In the terrific succom of th• Exat•r Chl•f• th Speclal m•ntion of our Mlk• Rock who ha• tak•n on a m•Mlve rol• on matrh days and ha8 dollvored over and above- thanks flllko S. THE DREAMA-WAY F RE The futuro 18 definltsly brlght a• ￿ •nt•r 2026 .... our 33rd year and lots (rf •xcltlng plan• ahead Tho Chalrnian'* rwrt to tho Annual Gomral Meetlng usually Includ0• thank8 to many volunteers and supportor• for th•lr d•dkatlon throughout the y•ar On￿ agaln l am golng to break $llghtly th18 tradluon A8 th• chalr of DreamA-Way CIO for over 32 yearn I contlnue to be amazed at our trnmendous 3ucc•s8 throughout the years I would Ilke to fornially record my slnc•ro8t prals• to the wonderlul Tru8tse8 T￿M that havo boon th• heart of Dream-A-Way for over 80 y•arn comblnod Dream-A-Way seNlce There Is a huge amount of unsoon th and declslons made by the Tnmtees that onsure Dream-A-Way contlnues to remains a hlghly re8pectsd and 8UPPOrted local charlty throughout the ￿018 of Devon and beyond Thank you to my Dearest Friends and amazlng Trustees - Glll, Darron, Tony and Paula - Good luck toPaula on hor rellrement and ￿kOMe to Maxy our newly rncrulted Tn￿ts• supported by a dedlcated Management Commlttee l ask each and gvery on• of you to l¢)ok at what WE hav• ALL achieved during the yoars of Dream-A-Way ALL of you havo helped to mak• Drnom-A4Vay tho •ucc•ss tt l• today Together we *lll contlnue to improve and strengthen to ensure that help even morn local p8opl• to enjoy hollday experionces Ihy could not afford wlltrK)ut our help DreamA-Way Volunteer T•am eontlnuo to Secure their rowards from the milo• ot smlles of those we help Cbaritable Incorp)rthl Organisati￿ 1155175 It ha8 been an honour to be th• Chair of Dream44lay over tho first 32 years and to be In tho pogltion to try to make a ditforence and beliove me. wo all do, is apprKiated by a large number of paople throughout our ¢(MThnunlty. Wa really do make a hug• dlfference ..and finalty I wlll bo honoured to continue as the Chalr of DroamA-Way CIO ...not only officlally thè Best Lovod Charlty In Exetsr Ixrt probably the B•8t Charlty In tho Wortdl Into our 33rd year- I will agaln en•ur• that ￿ malntaln our hlgh standards and bulld on our already establl8hod Strong position throughout Dovon. as ￿ conllnu• the progress of DrwnA4Vay - Charftablo Incorporatad Ory*nlMtJon 1155175. I wlll continu• to lead from th• frort as T•VO take DfoamA-Way forward together for anothor yoar, wlth Imagination, vislon and ambldon, *thllst malntalnlng a 8mll• and a sense of humour l YAII ondoavour to ￿1P more famlllm and Indlvlduals to enjoy that 8Pocial outlng, caravan holldsy at the Devon soaside or offer grants towafd• thelr dream holiday throughout tho World. abovo all I wlll ￿ntInue to do th18 and .. K•op •mil!ng.ff /Jeff MÈRRErr MBE Chalr 17th August 2026 CILaritable IncorFK)rnttsJ (kganisatii)n 1155175 **REGISTERED CHARITY NUMBER: 1155175** **Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 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 2024** ||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 2024** The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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 29 Jul 2025 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 2024 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 29 Jul 2025 Date: Page 2 **Dream-A-Way CIO** ## **Statement of Financial Activities for the Year Ended 31 December 2024** |||Year Ended|Year Ended| |---|---|---|---| |||31/12/24|31/12/23| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**INCOMING RESOURCES**|||| |**Incoming resources from generated funds**|||| |Investment income|2|1,521|962| |**Incoming resources from charitable activities**|||| |General Fundraising||84,189|115,775| |**Other incoming resources**||-|8,878| |**Total incoming resources**||85,710|125,615| |**RESOURCES EXPENDED**|||| |**Charitable activities**|||| |General Fundraising||102,235|132,929| |**Governance costs**||400|400| |**Other resources expended**||-|-| |**Total resources expended**||102,635|133,329| |**NET INCOMING RESOURCES**||(16,925)|(7,714)| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||438,489|446,203| |**TOTAL FUNDS CARRIED FORWARD**||421,564|438,489| The notes form part of these financial statements Page 3 **Dream-A-Way CIO** ## **Balance Sheet At 31 December 2024** |||31/12/24|31/12/23| |---|---|---|---| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|4|254,430|283,812| |**CURRENT ASSETS**|||| |Debtors|5|54,625|49,669| |Cash at bank||116,852|119,451| |||171,477|169,120| |**CREDITORS**|||| |Amounts falling due within one year|6|(2,400)|(12,500))| |**NET CURRENT ASSETS**||169,077|156,620| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||423,507|440,432| |**PROVISIONS FOR LIABILITIES**|7|(1,943)|(1,943)| |**NET ASSETS**||421,564|438,489| |**FUNDS**|8||| |Unrestricted funds||421,564|438,489| |**TOTAL FUNDS**||421,564|438,489| The notes form part of these financial statements continued... Page 4 **Dream-A-Way CIO** ## **Balance Sheet - continued At 31 December 2024** ## 29 Jul 2025 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 2024** ## **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| |---|---|---| ||31/12/24|31/12/23| ||£|£| |Deposit account interest|1,521|962| Page 6 **Dream-A-Way CIO** **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the period ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses were paid for the year ended 31 December 2024 nor for the period ended 31 December 2023. ## **4. TANGIBLE FIXED ASSETS** |**4.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| ||||Equipment|| |||Caravans|and fixtures|Totals| |||£|£|£| ||**COST**|||| ||At 1 January 2024|385,114|6,185|391,299| ||Additions|-|-|-| ||Disposals|-|-|-| ||At 31 December 2024|385,114|6,185|391,299| ||**DEPRECIATION**|||| ||At 1 January 2024|102,513|4,974|107,489| ||Charge for year|29,078|304|29,382| ||Eliminated on disposal|-|-|-| ||At 31 December 2024|131,591|5,278|136,869| ||**NET BOOK VALUE**|||| ||At 31 December 2024|253,523|907|254,430| ||At 31 December 2023|282,601|1,211|283,812| |**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/24|31/12/23| ||||£|£| ||Other debtors||54,625|49,669| |**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/24|31/12/23| ||||£|£| ||Other creditors||2,400|12,500| Page 7 **Dream-A-Way CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **7. PROVISIONS FOR LIABILITIES** ||||31/12/24|31/12/23| |---|---|---|---|---| ||||£|£| ||Provision for FA Replacement||1,943|1,943| |**8.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At 1/1/24|movement in|At 31/12/24| ||||funds|| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|438,489|((16,925)|421,564| ||**TOTAL FUNDS**|438,489|(16,925)|421,564| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement in| |||resources|expended|funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|85,710|(102,880)|(16,925)| ||**TOTAL FUNDS**|85,710|(102,635)|(16,925)| Page 8 **Dream-A-Way CIO** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2024** ||Year Ended|Year Ended| |---|---|---| ||31/12/24|31/12/23| ||£|£| |**INCOMING RESOURCES**||| |**Investment income**||| |Deposit account interest|1,521|962| |**Incoming resources from charitable activities**||| |Caravan receipts|41,759|67,290| |Collection boxes|6,599|9,008| |Gift aid|-|3,060| |Sundry donations|30,327|29,081| |Exeter Foundation|5,504|7,336| ||85,710|115,775| |**Other incoming resources**||| |Gain on sale of tangible fixed assets|-|8,878| ||-|-| |**Total incoming resources**|85,710|125,615| |**RESOURCES EXPENDED**||| |**Charitable activities**||| |Caravan running costs and site fees|53,858|51,865| |Outings|3,225|3,135| |Sponsored event costs|145|155| |Sundry donations|10,905|39,928| ||68,133|95,083| |**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 2024** ||Year Ended|Year Ended| |---|---|---| ||31/12/24|31/12/23| ||£|£| |**Support costs**||| |**Other**||| |Insurance|4,186|4,319| |Office supplies|534|2,473| |Depreciation of caravans|29,078|30,650| |Depreciation of equipment and fixtures|304|404| ||34,102|37,846| |**Total resources expended**|102,635|133,329| |**Net income**|16,925|(7,714)| This page does not form part of the statutory financial statements Page 10 ## **Issuer** **Issuer** SPF Accountancy Ltd **Document generated** Tue, 29th Jul 2025 11:05:12 BST **Document fingerprint** 46df189b33a68d271571fb6f631272d5 ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 15:35:45 BST Tue, 29th Jul 2025 15:40:25 BST Mr Darren Galliford - Signer (284c95b9ba585ca8ed2c864915d911f4) Mr Jeff Merrett - Signer (3bf94c4e78a7da6ca974ab003dd8bae4) Hub Administrator - Signer (cce4276351d6de5dfd3d12fc47a934a2) ## **Audit history log** ## **Date** ## **Action** Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:20 BST Tue, 29th Jul 2025 11:05:20 BST Tue, 29th Jul 2025 11:05:20 BST Tue, 29th Jul 2025 11:05:50 BST Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 15:35:06 BST Tue, 29th Jul 2025 15:35:45 BST Tue, 29th Jul 2025 15:35:45 BST Tue, 29th Jul 2025 15:35:46 BST Tue, 29th Jul 2025 15:39:54 BST Tue, 29th Jul 2025 15:40:25 BST Tue, 29th Jul 2025 15:40:26 BST Envelope generated with fingerprint 5f481466ca27c1bcca93198e7ae546e6 (35.176.231.177) Document generated with fingerprint 46df189b33a68d271571fb6f631272d5. (35.176.231.177) Mr Darren Galliford has been assigned to this envelope. (35.176.231.177) Mr Jeff Merrett has been assigned to this envelope. (35.176.231.177) Hub Administrator has been assigned to this envelope. (35.176.231.177) Envelope generated Sent the envelope to Mr Darren Galliford for signing Document emailed to party email Mr Darren Galliford viewed the envelope (212.11.95.3) Mr Darren Galliford signed the envelope (212.11.95.3) Sent the envelope to Mr Jeff Merrett for signing (212.11.95.3) Document emailed to party email Mr Jeff Merrett viewed the envelope (86.150.206.223) Mr Jeff Merrett signed the envelope (86.150.206.223) Sent the envelope to Hub Administrator for signing (86.150.206.223) Document emailed to party email Hub Administrator viewed the envelope (148.252.133.189) Hub Administrator signed the envelope (148.252.133.189) This envelope has been signed by all parties (148.252.133.189) **REGISTERED CHARITY NUMBER: 1155175** **Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 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 2024** ||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 2024** The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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 29 Jul 2025 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 2024 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 29 Jul 2025 Date: Page 2 **Dream-A-Way CIO** ## **Statement of Financial Activities for the Year Ended 31 December 2024** |||Year Ended|Year Ended| |---|---|---|---| |||31/12/24|31/12/23| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**INCOMING RESOURCES**|||| |**Incoming resources from generated funds**|||| |Investment income|2|1,521|962| |**Incoming resources from charitable activities**|||| |General Fundraising||84,189|115,775| |**Other incoming resources**||-|8,878| |**Total incoming resources**||85,710|125,615| |**RESOURCES EXPENDED**|||| |**Charitable activities**|||| |General Fundraising||102,235|132,929| |**Governance costs**||400|400| |**Other resources expended**||-|-| |**Total resources expended**||102,635|133,329| |**NET INCOMING RESOURCES**||(16,925)|(7,714)| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||438,489|446,203| |**TOTAL FUNDS CARRIED FORWARD**||421,564|438,489| The notes form part of these financial statements Page 3 **Dream-A-Way CIO** ## **Balance Sheet At 31 December 2024** |||31/12/24|31/12/23| |---|---|---|---| |||Unrestricted|Total funds| |||fund|| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|4|254,430|283,812| |**CURRENT ASSETS**|||| |Debtors|5|54,625|49,669| |Cash at bank||116,852|119,451| |||171,477|169,120| |**CREDITORS**|||| |Amounts falling due within one year|6|(2,400)|(12,500))| |**NET CURRENT ASSETS**||169,077|156,620| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||423,507|440,432| |**PROVISIONS FOR LIABILITIES**|7|(1,943)|(1,943)| |**NET ASSETS**||421,564|438,489| |**FUNDS**|8||| |Unrestricted funds||421,564|438,489| |**TOTAL FUNDS**||421,564|438,489| The notes form part of these financial statements continued... Page 4 **Dream-A-Way CIO** ## **Balance Sheet - continued At 31 December 2024** ## 29 Jul 2025 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 2024** ## **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| |---|---|---| ||31/12/24|31/12/23| ||£|£| |Deposit account interest|1,521|962| Page 6 **Dream-A-Way CIO** **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the period ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses were paid for the year ended 31 December 2024 nor for the period ended 31 December 2023. ## **4. TANGIBLE FIXED ASSETS** |**4.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| ||||Equipment|| |||Caravans|and fixtures|Totals| |||£|£|£| ||**COST**|||| ||At 1 January 2024|385,114|6,185|391,299| ||Additions|-|-|-| ||Disposals|-|-|-| ||At 31 December 2024|385,114|6,185|391,299| ||**DEPRECIATION**|||| ||At 1 January 2024|102,513|4,974|107,489| ||Charge for year|29,078|304|29,382| ||Eliminated on disposal|-|-|-| ||At 31 December 2024|131,591|5,278|136,869| ||**NET BOOK VALUE**|||| ||At 31 December 2024|253,523|907|254,430| ||At 31 December 2023|282,601|1,211|283,812| |**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/24|31/12/23| ||||£|£| ||Other debtors||54,625|49,669| |**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31/12/24|31/12/23| ||||£|£| ||Other creditors||2,400|12,500| Page 7 **Dream-A-Way CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **7. PROVISIONS FOR LIABILITIES** ||||31/12/24|31/12/23| |---|---|---|---|---| ||||£|£| ||Provision for FA Replacement||1,943|1,943| |**8.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At 1/1/24|movement in|At 31/12/24| ||||funds|| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|438,489|((16,925)|421,564| ||**TOTAL FUNDS**|438,489|(16,925)|421,564| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement in| |||resources|expended|funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|85,710|(102,880)|(16,925)| ||**TOTAL FUNDS**|85,710|(102,635)|(16,925)| Page 8 **Dream-A-Way CIO** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2024** ||Year Ended|Year Ended| |---|---|---| ||31/12/24|31/12/23| ||£|£| |**INCOMING RESOURCES**||| |**Investment income**||| |Deposit account interest|1,521|962| |**Incoming resources from charitable activities**||| |Caravan receipts|41,759|67,290| |Collection boxes|6,599|9,008| |Gift aid|-|3,060| |Sundry donations|30,327|29,081| |Exeter Foundation|5,504|7,336| ||85,710|115,775| |**Other incoming resources**||| |Gain on sale of tangible fixed assets|-|8,878| ||-|-| |**Total incoming resources**|85,710|125,615| |**RESOURCES EXPENDED**||| |**Charitable activities**||| |Caravan running costs and site fees|53,858|51,865| |Outings|3,225|3,135| |Sponsored event costs|145|155| |Sundry donations|10,905|39,928| ||68,133|95,083| |**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 2024** ||Year Ended|Year Ended| |---|---|---| ||31/12/24|31/12/23| ||£|£| |**Support costs**||| |**Other**||| |Insurance|4,186|4,319| |Office supplies|534|2,473| |Depreciation of caravans|29,078|30,650| |Depreciation of equipment and fixtures|304|404| ||34,102|37,846| |**Total resources expended**|102,635|133,329| |**Net income**|16,925|(7,714)| This page does not form part of the statutory financial statements Page 10 ## **Issuer** **Issuer** SPF Accountancy Ltd **Document generated** Tue, 29th Jul 2025 11:05:12 BST **Document fingerprint** 46df189b33a68d271571fb6f631272d5 ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 15:35:45 BST Tue, 29th Jul 2025 15:40:25 BST Mr Darren Galliford - Signer (284c95b9ba585ca8ed2c864915d911f4) Mr Jeff Merrett - Signer (3bf94c4e78a7da6ca974ab003dd8bae4) Hub Administrator - Signer (cce4276351d6de5dfd3d12fc47a934a2) ## **Audit history log** ## **Date** ## **Action** Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:12 BST Tue, 29th Jul 2025 11:05:20 BST Tue, 29th Jul 2025 11:05:20 BST Tue, 29th Jul 2025 11:05:20 BST Tue, 29th Jul 2025 11:05:50 BST Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 11:07:04 BST Tue, 29th Jul 2025 15:35:06 BST Tue, 29th Jul 2025 15:35:45 BST Tue, 29th Jul 2025 15:35:45 BST Tue, 29th Jul 2025 15:35:46 BST Tue, 29th Jul 2025 15:39:54 BST Tue, 29th Jul 2025 15:40:25 BST Tue, 29th Jul 2025 15:40:26 BST Envelope generated with fingerprint 5f481466ca27c1bcca93198e7ae546e6 (35.176.231.177) Document generated with fingerprint 46df189b33a68d271571fb6f631272d5. 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