Dare To Dream Trust Wales Annual Report for 2023-2024
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Index
Page 3. Reference & administrative details Page 4. Chair’s Report Page 5. Financial Report Page 6. Plan for 2024 / 2025
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Reference & Administrative Details
Name. Dare To Dream Trust Wales Status. Dare To Dream Trust Wales is a Charitable Incorporated Organisation Charity Registration Number. 1157279 Principal Office and Registered Hugh James, Two Central Square, Cardiff, Address. CF10 1FS Website. www.dare2dream.org.uk Trustees. David Jones (Chair) Jackie Jones (Vice Chair) Ryan Jones Hayley Parsons Maria Young Rachel McKay Alun Jones Treasurer. Auditor. Bankers. Barclays Bank plc Financial. Bevan Buckland LLP Legal. Hugh James Solicitors
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Chair’s Introduction
For the year ended 30[th] November 2024
It gives me great pleasure to introduce the charity’s Trustees’ Annual Report, which sets out, for our supporters and the general public, what we have achieved in the past and our future plans.
The Trust has had a quiet year for fundraising and we have kept our funds raised from previous years to allow us to honour any requests into our Trust.
As a result, we were able to further extend our support and charitable work and thus far have been able to support every request made to the Trust of which we find to be suitable to the criteria that we adhere to.
Finally, my sincere thanks need to go to our board of trustees. Your time and effort does not go unappreciated and without the drive of the board the work of the Trust would not be possible.
David Jones, Chair of Trustees
30[th] November 2024
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Financial Report
In 2023-2024, we have achieved an income of £0.
Below shows a breakdown of where this income has come from and the expenditure already made:
| 2024 | |
|---|---|
| Incoming Resources | |
| 0 | |
| Individual Donations | |
| Total | 0 |
| Charitable Activities | |
| Various Individual | |
| Beneficiary Grants | 0 |
| Total resources expended | 0 |
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– The Plan 2025
The trustee’s have reviewed the financial report for the year 2024 and although there was no beneficiary requests for the year they are satisfied that there are sufficient funds brought forward and future events in place for the future.
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REGISTERED CHARrrY NUMBER: 1157279 UNAUDtrED FINANCIAL sTATEME[s FOR THE YEAR ENDED 30 NOVEMBER 2024 FOR DARE TO DREAM TRUST WALES Bevan Buthland LLP Ground Aoor Cardigan House Cath Court Swansea Entwprise Park SA7 9LA
DARE TO DREAM TRUST WALES coiirETrtrs OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 Page Report olthe Trustees statement of Financtal Activities Balance Sheet Notss to the Financial stateMts 4 to 5 Delailed Statement of Financial Activitses
DARE TO DREAM TRUST WALES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2024 2024 Unrestricted fund 2023 Total funds Notes EXPENDITURE ON CharTtable activities Charitable activities 12,000 NET INCOMEI(EXPENDtruR (12,OCQ) RECONCILIATION OF FUNDS Tolal funds brought forward 12,283 24283 TOTAL FUNDS CARRIED FORWARD 12,283 12283 The n(*es fonn wt ofthe5e finarKaal statements Page 2
DARE TO DREAM TRUST WALES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2024 The trustees present their port wth the financial statements of the charity for the year ended 30 November 2024. The Irustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicablè 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). OBJECTIVES AND ACTIVITIES Objectives and aims . The objecttve of the charity is to affect great change on lives throughout Wales and beyond in many ways. Our fundraising efforts selve to greatly enhance the lives of youngsters who fa daiiy, life-limiling challenges. Our Trustees and participanls in general represent a collaboralion of like-minded individuals-, united in their shared gratitude for the blessing of health and wellbeing, and their commitment to raising the Itfe eXperienS of those less fortunate. FINANCIAL REVIEW Financial position During the course of the year we have continued to utilise the Charitys reseNes in line with its objecttves. During the year the charity reports Net incomelexpenditure of £0 compared to a deficit in 2023 of (£12,000) The unrestricted reserves at 30 November 2024 were £12,283. (2023-. £12.283). STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The char.ty is controlled by its goveming document. a deed of trust and constttLrtes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1157279 Principal address The Officials Plas Hytyd Hotel Moorfield Road Narberth SA67 7AB Trustees D H Jones Mrs J E Jones MrAJones Mrs M R Young Mr RJones Mrs H Parsons Mrs R Md(ay 9 g.zs Approved by order of the board of trustees on ....... ..................................... and signed on its behalf by: DHJones- rustee Page 1
DARE TO DREAM TRUST WALES BAIANCE SHE 30 NOVEMBER 2024 2024 Unrestricted fund 2023 Total fjjnds Notes CURRENT ASSETS Cash at bank 12.283 12283 NEf cuRREr ASSErs 12,283 12.283 TOTAL ASSEf3 LESS CURRETrif LIABIUTIES 12.283 12,283 NEf ASss 12.283 12.283 FUNDS Unrestricted funts 12,283 12.283 TOTAL FUNDS 12283 12,283 The financial slaletrEnts Te approved by the Board of Trustees and authori$ed far Bsue . and were signed on tt5 bthalf ty. on Jones - Trustee The notes form pwtof Ihese financial s*ateffEnts Page 3
DARE TO DREAM TRUST WALES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
AccouNnNG POUCIES
Basis of preparing the financial statements
The financial statements of the charity, whith is a publc benefit entity under FRS 102, have been prepared in
accordance wth the Charities SORP (FRS 102) 'Ac¥%unting and ReF4)rting by Charities" Statsment of
Recommended Practi appt¢cable to cJarities preparing their acc4)unts in accordance witFI the Financ4al
Reportsng Standard applicable in the UK and Rewbfic of Ireland (FRS 102)
DARE TO DREAM TRUST WALES MOTES TO THE FINANCIAL STATEMEKfs - contlnued FOR THE YEAR ENDED 30 NOVEMBER 2024 TRUSTEES. REMUNERATION AND BENEFITS There were rm) tnjstees. remuneration cr other benefits for the year ended Xi Novembw 2024 nor for the year ended 30 November 2023. Trustees, expenses There were no trustee5' expers paid for the year ended &l November 2024 ror for the year 6nded 30 Novemb¥ 2023. REIATED PARTY DISCLOSURES There were no related party trartsa¢Yions forthe year ended 30 November 2024. (2023.. £nil). TrUSTEES The trustees durirKJ the year were: Mr D JeS {Chairl Mrs J Jones (Vice Ch8ii) Mr A Jones Mr R Jones Mrs H Par Mrs M Young Mrs R Young OTHER INFORMATION Tr&re to Dream Trust Wates is a Charitable Inc(ryirated OrganÉsaly)n. Its registered office is.. Hugh James Two Central Sqwe Cardiff CF10 1FS Page S
DARE TO DREAM TRiIST WALES DEfAILED STATEMEKt OF FINANCIAL ACTivmES FOR THE YEAR ENDED 30 NOVEMBER 2024 2024 2023 INCOME AND ENDOWMEpirs Tolal Incoming resources EXPENDMJRE Charitsble activrties Grants lo institutions Total resources expend1 Net incomel(expendI} 12,000 1ZOOO (12,000) This page does rL)t fonn part of Ihe slabjtory firran(aal statements Page 6