Charity Registralion No. 1158174 TAYLOR MADE DREAMS TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2025
TAYLOR MADE DREAMS LEGAL AND ADMINISTRATIVE INFORMATION Trustees Kathleen Roberts (Chair) Dr Jane IMIIS Andrew Davis Rosie Hap4ey Chief Executive S Mitchell Charity number 1158174 Principal addr&8S 8 Sherttxk Shaw Crowborough East Sussex TN6 2FN Independent Exarniners TC Gr¢)up The Ctyjrtyard Shoreham Road Upper Beeding Steyning West Sussex BN44 3TN Bankers Lloyds Bank plc 82 Mount Pleasant Road Tunbridge Wells, Kent TN1 1RP
TAYLOR MADE DREAMS CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Balance sheet Notes to the accounts 8-13
TAYLOR MADE DREAMS TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2025 The Trustees present their Annual repor( together with the financial statements for Taybr Made Dreams for the year lo 30 April 2025. The accounts comply wilh the Charities Act 2011. aTrJ Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Finanaal Reporting Standard applicable in the UK and Repub¢ of Ireland (FRS 102) (effedive 1 January 2019). Structure. Governance & Management The organisation's charitatAe aims and objectives are set out in its constitulion, agreed by Ihe Board of Trustees on the 8 August 2014. The Charity was registered with the Charity Commission on the 8 August 2014 (Charity number 1158174). The trustees meet regulaty to discuss matters relating to govamance. financial adrninistration. business strategy. operational management and fundraising. Inductlon and training of new truslees All staff, volunteers, and trustees undergo a fomal recruiting and selection process, followed by an induction period that includes any training Gonsidered necessary to effectively perfonn their role. Oryanisational Structure Board of Trustees The Board of Trustees comprised the following individuals during reporting year.. Chair.. Kathleen Roberts Andew Davis Dr Jane Wllis Rosie Harp4ey The Trustees Collective bring a diverse range of experbse and skills. which are invaluable to the effective governance, oversight, and strategic direction of the charity. The charity is also honoured to have John Bishop serving as ils Patron, providing addilional profile and support to its mission. Governance and Risk Management The Board of Trustees holds ullimatè responsibility forthe charity's governance, compliartè, and Tisk management. During the year, the Board undertook a comprehensive review of major rtsks and implemented systems and prOdureS designed lo rnitigate F)Otential threats to the organisation. These measures ensure that the charity remains resilient, aGmuntsble, and aligned with its charitable objectives. Management and Workforce Senior Leadershlp The Chief Executive Officer {CEO) is responsible for overseeing the daily operations ofthe charity. including service delivery, stsff management. and implementation of strategic priorities. Staff Team At the year-end, the charity employed four full-time slaff and two part-time stsff members: Chief Executive Officer (CEO) One fulktime fundraiser One part-lime fundraiser One full-time marketing officer Office ManagerlPerson81 Assistant to the CEO Sibling Support Service Lead The charity benefits from pro bono HR support provided by The Forrest HR Group. In addition. specialist outsourced seNices are commissioned in accountancy. data protection, bookkeeping, IT, cyber security. and busine$$ development. These arrangements ensure compliance with stalutory obligalions and strengthen organisational capacity.
TAYLOR MADE DREAMS TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2025 Volunteers At the start of 2024. the charity had eight committed volunteers. Following the recruitment of a dedicated Volunteer Manager in Febmary, a SucsSIu1 campaign expanded the volunteer base to ffly indNiduals. Volunteers bring a wide range of skills that enhance the chartils development and Servi delivery. The introduction of a Volunteer Community Fundraising Committee, led by TMD Ambassaéors. has significantly inueased brand awareness and local fundlSIng activity. These initiatives are often supported by the charity's loyal volunteer base. demonstrating the value of communty etvJagement in sustaining charstable impact. Objectives and Activities Vision Now in its eleventh year, Taylor Made Dreams continues to aspire to bring lighl to families during their daest times. The charity ensures that children with terminal and lrfe-limiting condilions can fijffil their dreams through personalised wish fijtfilment experiences. Achlevements In the Year In alignment with the 2025-2028 Business Plan, the charily SUesSfullY introduced two new setvices.. Funeral Fund= A one-off payment of £1.000 per family following the loss of a child. This fund helps alleviale the financial burden of funeral costs and reduces stress for bereaved families. Technology Loan Library Expansion.. The library now indudes eye tra(ers. interactive tables, iPads. and laptops. These resources enable children lo Communile wtth their families. access education from home Dr hospital. and enjoy entertainment, thebY promoting Independen and autonomy despite illness. Continuing and Futureproofing Services Therapeutic Support Servi$.. Counselng and holistic therapy are offered to all members of the nuclear family. Sibling Support Seniice: Launched in 2023. this Servi has seen increasing demand. The charity aims to double the number of siblings supported. extending provision through physical activities and an online holiday club to ensure inclusivity. Future Goals Establish parenvprimary orer support groups. Provide work experience opportunities within the tharity for SEN stLJents. Expand sibling support seNices to meet growing demand Mission Taylor-made Dreams exists to deliver bespoke 'Wish Fulfilment, experien for children WFth tenTJinal conditions in the Southeast of England. Purpose Our purpose is to provide children with life-limiting illnesses, and their families, with resilien. comfort, enand quality of life, and treasured memories that bring meaning and hope durirKJ the most challenging limes. Objectives We aim to ensure that children referred to Taylor-made Dreams. together with their families, are able to experience unique and meaningful moments. These experIenS are supported financial. emotionally, and organisationally by the charity. enabling families to focus on creating lasting mem0ri8S.
TAYLOR MADE DREAMS TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2025 Key Activities1202412025) During the reporbng period, Taylor-made Dreams has: Significantty strengthened referral partnerships wilh children's patliatNe care organisations across Kent, Surrey, Sussex. and continues to build relations in Essex. Expanded referral pathways, resulting in a consistent Ilow of beneflaries. Increased workforce capacity in Itne wilh wr business plan to meet growing seNice demand across the region. 47g/o of all of Taylor Made Dreams, families resKJe in Kent. 30% in Sussex. 210A in Surrey and 20h in Essex. In addition to bespoke experiences. the charity provides nine core funded servi$ to t*nefioaries.' 1. Counselling - Offered to all the nudear familylprimary carers 2. Holistic Therapy - Offered to all the nudear famitylprimary carers 3. Medical Travel Awards - An award of £500 to every family 4. Medical Sheepskin Fleeces - Gifted to every child referred Family Photography Experiences- Famity PortraitslFantasy Photos Memory Workshops - Silver Fingerprint Silver Jewellery and Hand Casts 7. Technology Loan brary- Interaclive TablesYe TrackersfiPadslLapti¥)S 8. Sibling Support Service- Monthly Outings offered to siblings from the age of seven to eighteen 9. Funeral Fund - £1000 award gnien to parentslprimary carers after the loss of their child 10. eelchair access vehide to transport the families to and from events that we arrange for them Future Developrnents Looking ahead, Taylor-made Dreams is committed to irKreasing its social impact. Planned developments include.. Funeral Awa SeNice (2025): A new initiative to support families with funeral c¢)sts following the dealh of a child, alleviating finanaal pressures during times of profound grief. Education and Inciusion.. Building on six years of partnership with a local academy, we will expand our rk experien programme to indude young people and adults with Special Educational Needs (SEN). in alignment wtth our Equal Opportunrties Policy and 2024-2027 Business Plan. workfo Development.. Continued investment in staff training and professional development. alongside collaboration with business consultants to achieve strategic objectives. Financial Management and Sustsinability: OngoirvJ partnership with accountants to ensure effectwe financial oversight, coupled wilh a commitment to ethi¢%1 practices and sustainability actoss operations. Income Generation Sustaining and growing our serViS remains a priority. In 2024r2025, Taylor-made Dreams has: Engaged a fijndraising consuftant to dniersify income stream5. Developed new giving mechanisms and promoted existing opportunities. Benefited from the generosty of individuals, busisses. members of the Titarrium Circle, and grant- making foundations. We extend our sincere gralitude to all sponsors, donors. business friends and supporters. Speraal recognition is given to our volunleer community fundraising committee, whose dedication and efforts have made a significant impact on the charity's abilty to deliver services and of course the core staff team at Taylor Made Dreams.
TAYLOR MADE DREAMS TRUSTEES. REPORT FOR THE YEAR ENDED 30 APRIL 2025 Public Benefit In accordance wilh our duties as slated in section 17(5) ofthe 2011 Charities Act. we have considered the guidance provided by the Charity Commission in regard to public benefft. This public benefit has been demonstrated by the acltvities undertaken since the inption of the tharity ouuined in the 'Activities' section above. Concluslon The Board of Trustees is deepty appreciative of the umvavering support from all stakeholders. Imth this collectrve commitment, Taylor-made Dreams is poised to continue ils vital work. brining comfort and joy to children and families in need. Financial Review Reserves pollcy The trustees have examined the charitys requirements for reseNes in Itght of the main rrsks facing the organisation. The charity's reserves policy is such that the charity should hold minimum undesignated free reserves of £56.000 (equal to three months operating expenditure plus estimated costs of restructure should it be necessary). The charity's unde&gnated free reserves at 30 April 2025 were £363,190 (2024.. £375,882). The trustees therefore onsidef the charity to be operating within the sel reserdes p)licy. Trustees, res onsi nrel he accounts The Charities Acl 2011 requires the Irustees to prepare accounts for each ancIal year which gNe a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources. induding Ihe income and expenditure, of the charity for that year. In preparing these accounts. the trustees are required to". select suitable accounting policies arKI then apply them consistently; observe the methods arKJ principles in the Charities SORP: make judgements aThl estimates that are reasonable and prudent: and prepare the accounts on the goir¥J CcceM basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are sponsible for keeping adequate accounting rec¢yds that dtsclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of th8 tharity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularitses. Approved by the board on: Signed on behalf of the board of trustees. 12,x.zb Kathleen Roberts Trustee (Chair)
TAYLOR MADE DREAMS INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF TAYLOR MADE DREAMS Indapendont examinees report to the trustees of Taylor Made Dreams I report to the trustees on my examinatron of the ntS of Taylor Made Dreams for the year ended 30 April 2025. Responsibllltles and basis of report As the Charity trustees of the Trust you are responsible for the preparation of the accourrts in accordance with the requirements of the Charities Act 2011 Clhe Ad,). I report in respect of my examination of the accounts carried out under section 145 of the 2011 Act and in Garrying out my examination I have fo51thved all the aptAicabi8 Dr8Ctions given by the Chaiity Commission under section 145(5}(b) of the Act. sin the charty's gross income exceeded £250.000. your examiner musl be a member of a body listed in section 145 of the 2011 ACL I confirm that l am qualffied to undertake the examination because l am a member of Certrfied Chartéred Accountants. which is one of Ihe listed bodies. Independent examinerfs statement I have completed my examniation. I confirm that no material matters have come to my attention in connection wlth the examination giving me cause to believe that in any material respect: {1) accounting records were not kept in res1Ct of the Trust as required by sedion 130 of the Act., or (2) the accounts do not accord with those records," or {3) the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair Mew which is not a matter considered as part of an independent examination. I have no concems and havè come across no other matters in connection wilh the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Mr Mark Cummin5 FCCA FCIE for and on behalf of TC Group The Courtyard Shoreham Road Upper Beeding Sleyning Wesl Sussex 8N44 3TN
TAYLOR MADE DREAMS STATEMENT OF FINANCIAL ACTNITIES FOR THE YEAR ENDED 30 APRIL 2025 Unrestricted Funds Total 2025 Total 2024 Notes Income from: Donations and grants Finanoal activities - interest 408,767 14,578 408,767 14.578 475,606 473 Total income 423.345 423,345 476.079 Expenditure on: Rsising funds.. Fundraising Chantable activities Charttable Projects 29,579 29,579 61,077 408.840 408,840 361,597 Total expenditure 438.419 438,419 422,674 Net movement in funds (15,074) (15.074) 53,405 Total movement of funds {15,074) (15.074) 53,405 Reconciliation of funds Total funds brought forward 453,303 453,303 399,898 Total funds carried forward 438.229 438,229 453.303 There are no recognised gains or losses other than tl)ose reptxted on the Statement of Financial Activities. All activities are classed as continuing.
TAYLOR MADE DREAMS BALANCE SHEET AS AT30APRIL 2025 2025 2024 Flxed assets Tangible assets 75,039 77,421 Current assets Debtors Cash at bank and in hand 10 22,097 372.807 6,295 375,532 394,904 381.827 Creditors.. amounts falling due within one year 11 (31,714) (5,945) Net current assèts 363,190 375,882 Total assets les$ current liabilities 438.229 453.303 Net assets 438,229 453,303 The funds of tho charlty Unrestricted funds 438,229 453,303 438,229 453.303 The accounts were approved by the Board on: Kathleen Roberts Trustee {Chair)
TAYLOR MADE DREAMS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2025 Accounting pollcies Basls of preparation The accounts have been ppared in acxordance wth AC(ntIng and Reporting by Chartties.. Slat8ment of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeth-ve 1 January 2019) - (Charitie5 SORP (FRS 102)) and the Charifies Act 2011. Taylor Made Dreams meets the definition of a public benefft entty under FRS 102. Assets and liabilities a inrtially recognised at histori1 cost or trans&tion value unless otherwise stated in the relevant accounting policy note{s). There are no material uncertainties about Taylor Made Dreams, ability to continue as a going concern. The fvnclional currency of the charity is pounds sterling. Items are rounded to the nearest pound. Cash Flow Ststement In accordance with SecEion 7 of FRS 102 the charity is claiming exemption from thè requirement to prepare a cash flow Statement on account of its size. Income Donations and other forms of voluntary income are recognised as incoming resources when receivable, except insofar as they are incapable of financial measurement. Grants are credited to the Ststement of Financial ActNities in the year in which they are re1vable unless a grant is subject to donor imposed conditions that speafy the time period in which the expenditLJre of the resources can take place; in which case they are deferred. Expenditure Expenditure is accounted for on an accruals basis with the irrecoverable el&ment of VAT induded with the item of expense to which it relates. Charitable expenditure comprises those Costs irthThed by the Charity in the delivery of its activities and services for its beneficiaries. Governance costs (included within support costs) indude Ihose rn5ts assoctated with m88ting the constitutional and slalutory requirements of the tharity and inGlude audit fees and costs linked to the strategic management of the charity. These are now included as support costs. All costs are allocated behveen expenditure rategories of the SOFA on a basis designed to refflect the use of the resour. Costs relating to a particular activty are allcx3ted direrxly, otkers are apportioned based on estimated usage as a proportion of directty attributable expenditure.
TAYLOR MADE DREAMS NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Accounting Policie5 (continued) Tanglble fixed assets and depreciation Tangible fixed assels are capilalised al cost and depreciated over their estimated useful economic life on a straight-line basis, with motor vehiGles depreciated on a reducing balan basis as follows.. Asset category Fixtures & Fittings Motor Vehicles Offio Equipment Computer Equipment Annual rate 25Yo 20% 10¥0 Fund accounting Funds held by the charity are eilher. Unrestricted general funds- these are funds which can be used in acrdan with th8 charitable objects at Ihe discrebon of the trustees arKI which have not teen designated for other purposes. Designated funds - these funds are unrestricted funds whith have been designaled ti)wards a specific purpose by trustees. Restricted funds - these are funds whith are to be used in accordance with specific restrictions imposed by donors which have been raised by the Gharity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notés to the accounts. Taxatlon As a charity, Taylor Made Drearrts is exempt from tax on irrne and gains to the extent thal th8se are applied to its tharitsble Obje$. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulling from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliabty. Cash at bank and in hand Cash at bank and in hand includes cash and short terni highly liquid inveslments. The Trustees seek to use short temi deposits where possible to maximise the retum on monies held at the bank and to manage cash 1.10 Estimates and judgements In the application of the chartws accounting policies, the trustees are required to make judgemenls. estimates and assumptions about the Carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an oThJoing basis. Revisions to accounting estimates are recognised in the period in whid) Ihe estimate is revised. The trustees do not consider that there are any uitical estimates or aaS of judgement that need to be brought to the attention of the adarS of the fnancial statements.
TAYLOR MADE DREAMS NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Tnjstee remuneration All the trustees donate their time spent running the charity on a voluntary basis and do not receive any remuneration for their work as twstees. Comparatsve funds- Statement of Financial Activities for the period ended 30 April 2024 Designated Unrestricted funds fund5 Restricted funds Total 2024 Income from". Donations and grants Financial activities 450,606 473 25,(YX) 475,606 473 Total income 451,079 476,079 Expendlture on: Raising funds.. Fundraising Chan"table activities." Charilable Projects 61,077 61.077 329,597 32,000 361,597 Total expenditure: 390,674 32.000 422.674 Net movement In funds 60,405 (7,000) 53,405 Transfer of funds (170,000) 170,IXIO Totsl movement of funds (170,000) 230,405 (7.000) 53,405 Reconciliation of funds Total funds brought torward 170,OiJ) 222,898 7.0 399.898 Totsl funds carrled forward 453.303 453.303 Income from donatlons and grants Unrestricted funds Total 2025 Total 2024 Donations and gifts Grants 407,696 1,071 407,696 1.071 382,807 92.799 408.767 408.767 475,608 io
TAYLOR MADE DREAMS NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Expendlture Staff Depreciation Costs Other costs Total Total 2025 2024 Raising funds Fundraising Charltable actlvltles Charitable Projects Support costs (see note 6) 29,579 29,579 61,077 116.161 62,409 16.659 179,426 34,185 312,246 96,594 289.682 71,915 Total 178,570 16.659 243.190 438.419 422,674 6 SupF)Ort ¢osts 2025 2024 Staff costs Governance costs (including indetEndent examinatic) Renl Other 62,409 15,678 7.209 11,298 43.523 7.815 7.847 12,730 96,594 71.915 Employees Number of employees The Ghafity employed six employees during the year {2024:5). Employment costs 2025 2024 Wages and salaries Sooal serity costs Pension contributiorls 164,993 9,819 3.758 115,912 5,761 2,678 178,570 124,351 There were no employees whose annual emoluments were £60,000 or more (2024.. none). Th8 key management P8rsonnel of tha charity comprise the trustees and the Chief Executive. The total employee beneffts of key management personnel of the charity during the year were £56,065 (2024: £54,847). li
TAYLOR MADE DREAMS NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Trustee5 During the year no trustee5 were reimbursed any expenditure {2024: n¢Me). Tangible fixed assets Fixtu5 & Fittings Motor vehicles Office Computer Equipment Equipment Total Cost At 1 May 2024 Additions 788 94.151 11,828 12,582 3,278 1,695 110,045 14,277 As at 30 April 2025 788 94.1S1 24,410 4,973 124.322 Depreciatlon At 1 May 2024 Charge for the year 788 27,056 13,419 2.186 1,867 2.594 1,373 32,624 16.659 At 30 April 2025 788 40,475 4.OS3 3.967 49.283 Net book value At 30 April 2025 53.676 20.357 1.006 75,039 At 30 April 2024 67.095 9,642 77,421 10 Debtors 2025 2024 Prepayments 22.097 6,295 22.097 6,295 11 Credltors.. amounts falllng due within ¢)ne year 2025 2024 Accruals Trade creditors Other creditors Deferred income 2,280 1.778 8,899 18.757 1.740 4,205 31,714 5,945 12
TAYLOR MADE DREAMS NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 12 Control The charity is under the control of the Truste8S. 13 Charity infonnation Taylor Made Dreams is a Charitable Incorporated Organisalion registered in England and Wales. The charity's registered number and registsred office address can be found on the legal and administratr4e infomiation page. 13