Registered number: 06936961
Charity number: 1160517
The Dreamland Trust
Trading as The Dreamland Heritage Trust
(A company limited by guarantee)
Unaudited
Trustees. report and financial statements
for the year ended 31 March 2024

The Dreamland Trust
{A company limited by guarantee)
Contents
Page
Reference and administrative details of the charity, its Trustees and advisers
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
10-18

The Dreamland Trust
{A company limited by guarantee)
Reference and administrative details of the charity, its Trustees and advisers
for the year ended 31 March 2024
Trustees
K Case (resigned 1 September 2024)
RJOY
E Van Leeuwen
C Messenger (appointed 15 June 2024)
S Blackman (resigned 1 June 2024)
A Baker (resigned 1 August 2024)
D Newman {resigned 1 Augusl 2024)
N Dermott (resigned 5 August 2024)
C Hudson (resigned 26 September 2023}
J Hutson (resigned 23 January 2024)
M Pankhurst {appoinled 4 June 2024. resigned 6 August 2024)
M Tomlinson (appointed 1 May 2023. resigned 1 September 2023)
Company registered
number
06936961
Charity registered
number
1160517
Registered office
11-13 Ha￿eY Street
Margate
Kent
CT9 1PZ
Company secretary
C Hudson (appointed 3111212022. resigned 2610912023)
Accountants
Kreston Reeves LLP
Chartered Accountants
Montague Pla
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QU
Page 1

The Dreamland Trust
{A company limited by guarantee)
Trustees, report
for the year ended 31 March 2024
The Trustees present their annual report together with the financial statements of the charity for the year ended
31 March 2024.The Annual report seNes the purposes of both a Trustees, report and a directors, report under
company law. The Trustees confirm that the Annual report and financial statements of the charitable company
comply with the current statutory requirements, the requirements of the charitable companys governing
document and the provisions of the Statement of Recommended Practi￿ (SORP) applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS102) (effective 1 January 2019)-
Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required
of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report)
Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The principal objective of the organisation. during the year. was the restoration of the Dreamland Amusement
Park and work on the Activity Plan.
The directors, vision is to re-establish Dreamland as a thriving heritage amusement park that brings economic,
social and educational benefit to the communities of Margate and the Isle of Thanet.
In particular the
objectives of the company are:
The preservation, restoration. Maintenan￿ and protection of the cinema, structures, plant. equipment and
artifacts (the structure and equipment) of or connected with Dreamland Margate as are of historic, cultural,
architectural. constructional or scientific interest or exhibit craftsmanship worthy of preservation.
- The promotion of public knowledge, appreciation and understanding of the historic and cultural aspects of
Dreamland Margate and the area in which it is situated.
The promotion of the public access to the structures and equipment and public knowledge, appreciation and
understanding of their architectural. construcb-onal, scientific and craft features.
Such other charitable purposes of the advan￿ment of education associated with Dreamland Margate and its
surrounding area as the directors think fit.
In setting objectives and planning for activities. the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit. including the guidance 'Public benefit: running a
charity (P82)'.
Achievements and performance
a. Review of activities
During the year 1 st April 2023 to 31st March 2024 we again saw some personnel changes..
We appointed a Chair in May 2023
One of our trustees took over the role of Secretary in January 2023
Unfortunately due to personal circumstances, both our Chair and our Secretary resigned in September
2023.
However we welcomed a new Twstee in February 2024
We have not managed to appoint a new chair before the financial year*nd,' the additional work is now
shared between the existing trustees.
Page 2

The Dreamland Trust
{A company limited by guarantee)
Trustees, report (continued)
for the year ended 31 March 2024
Achievements and perfomiance (continued)
Despite the ongoing lack of pemianent office space, we managed to carry out a range of events:
In the summer of 2023 we set up and ran our hugely successful Dreamcatcher exhibition, using space provided
to us by the operators of the Dreamland Park as per the agreement of Dreamland Centenary Grant received
from the National Lottery Heritage Fund. The exhibition focused on the 100 year history of Dreamland and the
park's heritage from its origins as the Hall by The Sea in the 1800's right through to the present day. As the
culmination of the D100 ￿ntenary project, we featured a timeline with a wide variety of images of the park's
history from 1920 - 2020. a full wall mural of the park in 1942. and a model diorama display of hand crafted
models of the rides which have featured in Dreamland.
The focal point of our exhibition was our Dreamcatcher video booth: this allowed visitors to record their
memories of Dreamland Past as well as their experiences in Dreamland Present. A large number of varied
visitors enjoyed our exhibition and left behind their impressions of the Dreamland Park: we collected around 100
videos and close to 300 stills. Participants have included the local artist Tracey Emin, as well as the "Wall of
Death" rider from the original Dreamland Park. Our youngest participant was a few days old.
We also ran 2 very successful Open Heritage Days. one in September 2023 and one in March 2024. Using
space provided to us by the operators of the Dreamland Park as per our Memorandum of Collaboration, each of
the days served as dual celebrations of the park's rich heritage and acknowledgment of the funding that
supported the DHT Centenary projects. We highlighted the historical significance of the Dreamland Park.. visitors
had the opportunity to learn about the rich heritage and history of the site through informative eXperIen￿S
provided by the DHT which involved knowledgeable guidan￿ from our team of volunteers.
In August 2023 we took part in the Margate Camival procession for the first time in our history. We focused on
lebrating the heritage of "Lord. George Sanger: thanks to all the hard work of our volunteers. our group won
first prize in the Carnival!
In December 2023 DHT collaborated with UCA Canterbury on the Dreamspace project. The DHT team worked
with Stage Three BA (Hon) Interior Architecture and Design students from University of Creative Arts as part of
their design programme. The students took part in workshops with the DHT and had supervised access to the
archive to use as interpretation for their designs. The students presented their perfonnative 'gowns' designs as
part of the Dreamspace pop up exhibition hosted in the roller room at Dreamland.
We also endeavoured to stay in touch with other charitable Heritage organisations dedicated to promoting the
Heritage of items similar to those held by the owners of the Dreamland Park, such as the cinema and the organ
contained within the cinema.
At the end of our financial year our Dreamland Centenary Grant which we received from the National Lottery
Heritage Fund came to an end. We took time in the first few months of our new financial year to write a detailed
evaluation of the project.
The end of this grant also prompted us to focus our thoughts on the future wellbeing of the Trust, specifically on
our funding and how to cover our expenditure. We realise that obtaining another large grant such as our previous
Heritage in the Making grant and our Dreamland Centenary grant requires significant input from our trustees
andlor professional fundraisers during the application process: both of which we currently lack. As a result, our
vision for the next 5 years is to focus on obtaining smaller grants which require less time and input, alongside
increasing our own fundraising efforts. These will then allow us to put our own Archive and our volunteers at the
centre of our efforts, by organizing regular small events to share the various items with the public as well as Wlth
education establishments. As a result in January 2024 we started our preparations for a Charity Gala Dinner &
Art Auction held in the summer of 2024. In later 2024 we also obtained the first of our small grants, which will
allow us to help the development of our volunteers.
Page 3

The Dreamland Trust
{A company limited by guarantee)
Trustees, report (continued)
for the year ended 31 March 2024
Achievements and perfomiance (continued)
After the period end. we have also focused on how we can reduce our expenditure. Other than reducing fixed
costs such as finding better Insuran￿ policies, the Trustees made the difficult decision to cease having
employees. As such the charity's employee was made redundant as of November 2024. The appropriate
provision has been made in the accounts.
Following the period end, some of our longer-standing trustees decided to resign for a variety of reasons. This
we feel will give us an opportunity to rejuvenate the Trust with a range of new Trustees. We are currently
considering the best publicity campaign to make that happen.
Financial review
a. Going concern
The Trustees assess whether the use of going con￿rn is appropriate i.e. whether there are any material
uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to
continue as a going concem.
The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for
issue of the financial statements.
Following the year end. there is a material Un￿rtaInty in regards to the Charitys cashflow. The Charitys
reserves are tied up in heritage assets, with a balance held in cash. The cash balance was not suffI￿nt to meet
it's liabilities. The Charity recieved a loan from a Trustee to enable it to meet its liabilities, and is in the process of
applying for grants and stsbilising its income structure. The Charitys activities have been reduced whilst this
process is underway to stabilise the Charitrfs financial future.
Notwithstanding the material uncertainty. the financial statements have therefore been prepared on a going
concern basis.
b. Reserves policy
Charity unrestricted reserves increased from £32,377 to £28,268 during the year. The Trustees aim to hold
reserves to an ideal amount that matches 6 months worth of community expenditure. As the community projects
are currently on pause whilst the Charity restructures and develops it's long term strategy, the Trustees feel an
appropriate reserves level would be £5.000.
The Trust is working to plan the work of the organisation beyond the immediate period of the project to maintain
the legacy required as a condition of the HLF funding.
Structure, governance and management
a. Constitution
The Dreamland Trust is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association dated 17 June 2009.
b. Methods of appointment or election of Trustees
The management Trustees who are elected and co-opted are held by the majority vote.
Page 4

The Droamland Trust
(A company Ilmfted by guarantso}
Trusté•s' roport (¢ontlnu•d)
for the year ended 31 March 2024
Struetur•, gov•rnanc• and managem•nt (contlnu•d)
c. Organlsatlon•l structur• and doclslon maklng
The Trust Is organlsed in such a way that Trustees meet regularly In order to manage Its affairs whilst day to day
responsibility is del8gated to the management team.
d. Rlsk manag•m•nt
The Trustaes actively revlew the major ri8k8 that the charity fac88 on a regular basis and remain confident that
increaslng reserves. combined wlth an annual revlew of the controls over key financial systams, wlll provid8
suffldent re8ourc6s in th8 event of adverse condltion8.
St•t•m•nt of Trust•••' r••pon•lbllltl•i
The Truste8$ (who are al80 the directors of the charlty for the purposes of ￿rnpany law) are r88ponsible for
preparing the Tru8te8s' report and the financial statements in accordance with applicable Saw and United
Klngdom Accountlng Standards (Unlted Klngdom Generally Accepted Accounting Practice).
Company law r8qulres tha Twstees to prepare financial statements for each financlal . Under ¢ompany law, the
Trustees must not approve the financial ststements unless Ihey are satisfied that they give a true and fair view of
the stste of affalrs of tho charity and of its incoming r8sources and application of re8ourc88, Includlng Its Income
and expandlture, for that P6rfod. In preparlng th888 flnanclal 8tatements, tha Tru8tee8 are requlred to:
select sultablo accountlng poll¢le8 and then apply them con$lstently,
obs8rve the methods and princlplas of the Charities SORP (FRS 102).,
make ludgments and accounting e8tlm8t8S that are reasonable and pnJd8nt:
8tal8 whether applicable UK Accounting Standards (FRS 102) have been followed, Subject to any materlal
departures disclosed and explainod in th8 financi818tatements;
pr8par8 the flnancial statements on the going concern ba81s unle88 It 18 inappropriate to presume that the
charlty will continue in busin888.
The Trustees are responsible for ke8ping adequate accounting records that ara sufficient to Show and explain
the charftys transactions and disclose with r8asonab18 accuracy at any time th8 financial position of the charity
and enable thém Io 8n$ur8 that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charity and h8n¢e for taklng reasonable steps for the prevention
and detection of fraud and other ifregularities.
Approved by ordar of tha m8mber8 of the board of Truste8s and signed on their behalf by.
n L••uwon
Date:
Page 5

The Dreamland Trust
{A company limited by guarantee)
Independent examinerfs report
for the year ended 31 March 2024
Independent examinerfs report to the Trustees of The Dreamland Trust ('the charity.)
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March
2024.
Responsibilities and basis of report
As the Trustees of the charity (and its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of the charitys accounts
carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act.
Independent examinerfs statement
I have completed my examination. I confirm that no matters, other than those fully detailed below, have come to
my attention in connects'on with the examination giving me reasonable cause to believe that in any material
respect:
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or
the accounts do not accord with those records: or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of
an independent examination. or
the accounts have not been prepared in accordan￿ with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities [applicable to charities preparing their
accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)].
I confinn that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
Page 6

The Dreamland Trust
{A company limited by guarantee)
Independent examinerfs report (continued)
for the year ended 31 March 2024
Disclosure section
I draw your attention to the matter documented at note 2.2, which details the basis on which the financial
statements have been prepared and the material un￿rtianty disclosed around the Charity's ability to continue as
a going concern.
This report is made solely to the charitrfs Trustees. as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charitrfs
Trustees those matters l am required to state to them in an Independent examiner's report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
charity and the charitls Trustees as a body, for my work or for this report.
Signed:
7fL
Dated: 31 January 2025
S Rouse FCCA DChA
Kreston Reeves LLP
Chartered Accountants
Chatham Maritime
Page 7

The Dreamland Trust
{A company limited by guarantee)
Statement of financial activities (incorporating income and expenditure account)
for the year ended 31 March 2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
860
48,566
49,426
266
Totsl income
860
48,566
49,426
266
Expenditure on:
Charitable activities
5,978
50,000
55,978
60,838
Total expenditure
5,978
50,000
55,978
60,838
Net expenditure
Transfers be￿een funds
(5,118)
(2.197)
(1,434)
2,197
{6,552)
{60,572)
Net movement in funds
(7,315)
763
{6,552)
{60,572)
Reconciliation of funds:
Total funds brought forward
Net movement in funds
35,583
(7.315)
(763)
763
34,820
{6,552)
95,392
(60,572)
Total funds carried forward
28,268
28,268
34,820
The Statement of financial activities indudes all gains and losses recK)gnised in the year.
The notes on pages 10 to 18 form part of these financial statements.
Page 8

Th• Drnamland Trust
IA company Ilmltod by guarantee)
Reglstorod number: 06936961
Balanco •h•ot
as at 31 March 2024
2024
2023
Nota
Flxed u$•ts
Herftage 888et8
Curr•nt a88•t•
27,834
27,834
Cash at bank and In hand
7,463
9.055
Creditor8: amounts falling due within one
ar
(7.029}
(2,089>
N•t curr•nt a•••t8
8.988
Total n•t ••¥•ts
28,268
34,820
Charfty funds
R8Strfcted funds
Unrestricted funds
(763)
35.583
28,268
Total fund•
28,268
34,820
Tha charfty was entlued to ex•mptlon from audlt und•r Mctlon 477 of th• Companles Act 2006.
The members have not requlred the company to obtsln an audlt for the year In questlon In accordance wlth
$8ctSon 476 of Comp8nl88 Act 2008.
Tha Trustees acknowledge thelr rasponslbllltles for cOmpl￿ng wlth the requlrements of the Act wlth respect to
accounting records and preparation of financi81 statamants.
The flnandal 8tst8m8nt8 have been pr8p8r8d In accordanc8 vAth th8 provlslons 8pplScable to entit188 8ubject to
the 8mall companles reglme.
The financial slatements were approved and authorised for issue by the Tru8tees and signed on their behalf by.
E Van L￿u￿n
The notes on pages 10 to 18 forni part of these financlal ststements,
Page 9

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
General information
The Dreamland Trust is a company limited by guarantee and is incorporated in England and Wales. with
the charity registration number 1160517 and the company registration number 06936961. The address of
the registered office is 11-13 Hawley Street, Margate. Kent CT9 1 PZ.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP {FRS 102)
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006.
The Dreamland Trust meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised al historical cost or transaction value unless othe￿iSe stated in the
relevant accounting policy.
The financial statements are prepared in British Sterling. and rounded to the nearest Pound.
2.2 Going concern
The Trustees assess whether the use of going cOn￿M is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the Charity to continue as a going concem.
The Trustees make this assessment in respect of a period of at least one year from the date of
authorisation for issue of the financial statements.
Following the year end. there is a material uncertainty in regards to the Charity's cashflow. The
Charity's reserves are tied up in heritage assets, with a balance held in cash. The cash balance was
not sufficent to meet it's liabilities. The Charity recieved a loan from a Trustee to enable it to meet its
liabilities, and is in the process of applying for grants and stabilising its income structure. The
Charity's activities have been reduced whilst this prO￿sS is Unde￿aY to stabilise the Charitys
financial future.
Notwithstanding the material uncertainty. the financial statements have therefore been prepared on a
going concem basis.
2.3 Income
All income is recognised On￿ the charity has entitlement to the income, it is probable that the income
will be received and the amount of income re￿1vable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is re￿iVed in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is re￿ived. the income is accrued.
Other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on completion of the seNice.
Page 10

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
Accounting policies {continued)
2.4 Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
charitls objectives. as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Heritage assets
Where heritage assets have been purchased. they are initially recognised at cost. After recognition,
under the cost model, heritsge assets are measured at cost less any accumulated depreciation and
any accumulated impairment losses.
No depreciation is provided on heritage assets.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts. discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.8 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.9 Pensions
The charity contributes to a defined contribution pension scheme and the pension charge represents
the amounts payable by the charity to the fund in respect of the year.
Page11

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
Accounting policies {continued)
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The costs 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 notes to the financial statements.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Donations
824
824
230
Grants
48,566
48,566
36
Bank interest
36
36
860
48,566
49,426
266
Total 2023
66
200
266
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Total
funds
2023
Charitable expenditure
47,285
8,693
55,978
60,838
Total 2023
55.099
5,739
60,838
Page 12

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
Analysis of direct costs
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Wages and salaries
Pension contributions
3,625
29,309
698
32,934
698
32,257
749
Advertising and promotional costs
Computer costs
Event costs
263
263
6,130
460
11,753
1,460
1.585
1,585
7,936
1,765
445
7,936
1,765
Insurances
Repairs and maintenan
Other expenses
445
2,290
5.918
39,708
45,626
55,099
Total 2023
55.099
55,099
Analysis of support costs
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Support costs
Accounting and independent examination
Consultancy costs
60
60
3,468
192
1,695
3,852
3,468
60
3,468
3,528
5,739
Total 2023
120
5,619
5,739
Page 13

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
Staff costs
2024
2023
Wages and salaries
Contribution to defined contribution pension schemes
32,934
698
32,257
749
33,632
33,006
Included within wages and salaries is the redundancy provision. in the amount of £3,625 (2023: £Nil).
which will be paid post year end.
The average number of persons employed by the charity during the year was as follows:
2024
2023
No.
No employee received remuneration amounting to more than £60,000 in either year.
Key management personnel received salary and benefits (including employerfs national insuran￿)
totalling £29,500 during the year {2023 - £29.341).
Trustees. remuneratlon and expenses
During the year. no Trustees re￿iVed any remuneration or other benefits {2023- £NIL).
During the year ended 31 March 2024. no Trustee expenses have been incurred (2023 - £NIL).
Page 14

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
Heritage assets
Assets recognised at cost
Heritage
assets
2024
Carying value at 1 April 2023
27,834
Carrying value at 31 March 2023
27,834
Analysis of heritage asset transactions
2024
2023
2022
2021
2020
Disposals
Corbierre Wheel
(1,500)
Total disposals
(1.500)
Creditors: Amounts falling due within one year
2024
2023
Other creditors
Accruals and deferred income
4,659
2,370
1,034
1,035
7,029
2,069
Included within other creditors is the redundancy provision of £3.625 (2023: £Nil).
Page 15

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
Statement of funds
Statement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
Unrestricted funds
General Fund
35,583
860
(5,978)
(2,197)
28,268
Restricted funds
Heritage in the Making
D100 (Dreamland 100)
8,646
39,920
(8,646)
{41,354)
(763)
2,197
(763)
48,566
(so,000)
2,197
Total of funds
34,820
49,426
(55,978)
28,268
Statement of funds - prior year
Balance at
31 March
2023
Balance at
1 April 2022
Transfers
inlout
Income Expenditure
Unrestricted funds
General Fund
32.431
66
(1201
3,206
35,583
Restricted funds
Heritage in the Making
Sands Heritage
NLHF￿ DC Book Printing
D100 (Dreamland 100)
23.087
500
2.149
37.225
162
(22.692)
(557)
(500)
{2,149)
38
(38,0261
(763)
62,961
200
(60.718)
{3,206)
(763)
Total of funds
95.392
266
(60.838)
34,820
Page 16

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
Statement of funds (continued)
Purpose of restricted funds
The Heritage in the Making Fund (perwous the Heritage Lottery Fund) relates to funding received to
engage the community with Dreamland Heritage, and to support the ongoing opening and growth of
Dreamland Amusement Park. This ceased in 31 December 2022 and the remaining balance was
transferred to general funds.
The Sands Heritsge Fund relates to funding recieved to support the maintenance of the archive. This
balance was transferred to general funds at year end.
The Wages Fund relates to amounts re￿iVed from HMRC regarding the furlough scheme, and the
corresponding expenditure. This balance was transferred to general funds at year end.
The NLHF￿Dc Book Printing Fund relates to monies recieved to produce books outlining the Dreamland
Heritage. This balance was transferred to general funds at year end.
The D100 (Dreamland 100) Fund relates to funding recieved regarding celebrations for Dreamland's
100th year in 2020. Due to the cornavirus restrictions. the celebrations have been delayed and are
ongoing. The fund has currently been overspent in the 2023 year. which will be recovered in the 2024
year when the next tranche of funding is received.
10. Summary of funds
Summary of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
General funds
Restricted funds
35,583
(763)
860
(5,978)
{50,000)
(2,197)
2,197
28,268
48,566
34,820
49,426
(55,978)
28,268
Summary of funds - prior year
Balance at
31 March
2023
Balan￿ at
1 April 2022
Transfers
inlout
Income Expenditure
General funds
Restricted funds
32,431
62.961
66
(1201
(60.718)
3,206
(3,206)
35,583
(763)
200
95,392
266
(60,8381
34,820
Page 17

The Dreamland Trust
{A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2024
11. Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted
funds
2024
Total
funds
2024
Heritage assets
Current assets
27,834
7,463
(7,029)
27,834
7,463
{7,029)
Creditors due within one year
Total
28,268
28.268
Analysis of net assets between funds - prior period
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Heritage assets
Current assets
Creditors due within one year
27,834
9,055
(1.306)
27,834
9,055
(2,069)
(763)
Total
35,583
(763}
34,820
12.
Pension commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held
separately in an independently administered fund. The pension cost charge represents contributions
payable to the ftjnd and amounted to £698 (2023 £749). At the period end there were no amounts
outstanding to be transferred (2023.. £NIL).
13. Related party transactions
There were no transactions with related parties during the year or prior year.
Page 18