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2023-07-31-accounts

D A N D E L O N S E E D S F O U N D A T I O N

ANNUAL REPORT D A N D E L I O N S E E D S F O U N D A T I O N

August 2023

1

D A N D E L O N S E E D S F O U N D A T I O N A N D E

U N D A T I O N

Trustees’ ANNUAL REPORT 2022-2023

Trustees’ Annual Report for the period

From (start date) 3 0 0 7 2 2 to (end date) 3 1 0 7 2 3

Section A

Reference and administration details

Charity name

Dandelion Seeds Foundation

Other names the charity is known by

n/a

Registered charity number

Charity’s principal address

2 Addison Grove Taunton Somerset Postcode T A 2 6 J F

Names of the charity trustees who manage the charity

1
2
3
4		 Trustee Name Office (if any) Dates acted if not for
whole year		 Name of person (or
body) entitled to appoint
trustee (if any)
Mr. James Ryder 4 Year
Mrs. Michelle Bristow 4 Year
Mr. PhillipBristow 4 Year

Names of the trustees for the charity, if any (for example, any custodian trustees)

Name

Dates acted if not for whole year

n/a

2

Section A

Reference and administration details (continued)

Names and addresses of advisers (optional information)

Type of adviser Name Address n/a Name of chief executive or names of senior staff members (optional information) ~~Section B Structure, governance and management~~ Description of the charity’s trusts ~~Constitution for CIO~~ Type of governing document (e.g. trust deed, constitution ~~Charitable Incorpora~~ ted ~~Organisation (CIO)~~ How the charity is constituted (e.g. trust, association, company) Trustee selection methods (e.g. appointed by, elected by) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. Additional governance issues (optional information) Refer to constitutional document for information on the governance of the CIO. You may choose to include additional information, where relevant, about:

Name of chief executive or names of senior staff members (optional information)

Description of the charity’s trusts

Section C

Objectives and activities

Summary of the objects of the charity set out in its governing document

The object[s] of the CIO are:

The relief of emotional and physical distress and suffering of persons suffering ill health, disability or infirmity as well as their carers, friends and families for the public benefit by:

The provision of information and services on complimentary palliative health, lifestyle and wellness options; the provision of grants and other financial ~~assistance for equipment and items that are unavailable from statutory~~ providers as well as for palliative complimentary therapies and treatments; and in such other ways as the trustees may from time to time determine.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The object[s] of the CIO were delivered to provide relief of emotional and physical distress and suffering of persons suffering ill health, for the public benefit by:

Additional details of objectives and activities

You may choose to include further statements, where relevant, about:

Section D

Summary of the main achievements of the charity during the year

Achievements and performance

The object[s] of the CIO were delivered to provide relief of emotional and physical distress and suffering of persons suffering ill health, for the public benefit by:

Section E

Financial review

~~The number of reserves as at report date is £1,000~~ Brief statement of the charity’s policy on reserves The budget allows for surpluses to be retained in order to create a reserve for the charity. Over time this will be maintained at 6 months operating costs in line with the Foundation’s reserves policy. Our reserves level (expressed in the ratio of reserves to annual operating expenditure) is minimal and amount to coverage for accounts fees and ~~advertising costs, circa £1,000. The charity runs on a voluntary basis and all remaining funds are offset into project costs for the public benefit.~~ n/a Details of any funds materially in deficit Further financial review details The charity will seek to attract funding from a variety of sources. In addition to those previously mentioned, it will also undertake a level of primary-purpose trading to generate income that will sustain the charity and contribute to the operational core costs of delivering its services. As well as trading, the charity will also seek grant funding for the service delivery aspects of its work, which would be restricted funds for this purpose. Overall, it is intended to develop multiple income streams to spread the risk and ultimately reduce reliance on any single source of income.

Section F Other optional information. n/a

Section G Declaration. Declaration. Declaration.
The trustees declare that they have approved the trustees’ report above Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Phillip Bristow
Position (secretary, chair etc.) Chair
Date 0
1		 1 2 2 3

D A N D E L O N S E E D S F O U N D A T I O N

17 St Margaret’s Crescent, Gravesend, DA12 4EJ office@thevineaccounting.com www.thevineaccounting.com 078 6481 3717

Mr Phillip Bristow 2 Addison Grove Taunton TA2 6JF Dandelion Seeds Foundation

03 December 2023

Dear Phillip ,

Accounts for Period ended 31/07/2023

Please find attached final accounts for Dandelion Seeds Foundation for the period ended 31/07/2023 [including filleted/abbreviated accounts if appropriate].

Please review the attached carefully and if you are happy that the accounts can be approved please print out a set of each of the attached documents, obtain appropriate signatures at the foot of each Balance Sheet [and Directors Report, if relevant] and return the signed documents to this office.

Please do not hesitate to contact us if you have any queries.

Yours sincerely,

Fego Aligboro

1 of 1

Dandelion Seeds Foundation

Charity No. 1184674

Company No. CE018370

Trustees' Report and Unaudited Accounts

31 July 2023

Dandelion Seeds Foundation Contents

Pages
Trustees' Annual Report 2 to 3
Statement of Financial Activities 4
Summary Income and Expenditure Account 5
Balance Sheet 6
Notes to the Accounts 4
Detailed Statement of Financial Activities 7 to 14

Page 1

Dandelion Seeds Foundation Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 July 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. CE018370

Charity No. 1184674

Registered Office

2 Addison Grove Taunton TA2 6JF

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

M. Bristow P. Bristow J. Ryder

Accountants

The Vine Accounting Ltd 17 St Margaret's Crescent Gravesend DA12 4EJ

OBJECTIVES AND ACTIVITIES

The relief of emotional and physical distress and suffering of persons suffering ill health, disability or infirmity as well as their carers, friends and families for the public benefit by:

The provision of information and services on complimentary palliative health, lifestyle and wellness options; the provision of grants and other financial assistance for equipment and items that are unavailable from statutory providers as well as for palliative complimentary therapies and treatments; and in such other ways as the trustees may from time to time determine.

In partnership with FareShare SW. Dandelion Seeds Foundation have distributed food to residents of Taunton in partnership with local schools in the Taunton area.

The delivery of a Somerset Lifestyle Medicine programme to residents of Somerset.

Provision of all-natural health and sleep aid supplement to local Somerset residents.

ACHIEVEMENTS AND PERFORMANCE

The object[s] of the CIO were delivered to provide relief of emotional and physical distress and suffering of persons suffering ill health, for the public benefit by:

Grant funding to deliver Somerset Lifestyle Medicine Course.

Page 2

Dandelion Seeds Foundation

Trustees Annual Report

Provision of all-natural health and sleep aid supplement to local Somerset residents.

In partnership with FareShare SW. Dandelion Seeds Foundation are delighted to be expanding our food distribution work in partnership with local schools in the Taunton area.

The delivery of a Somerset Lifestyle Medicine programme to residents of Somerset.

FINANCIAL REVIEW

The number of reserves as at report date is £1000

The budget allows surpluses to be retained to create a reserve for the charity. Over time this will be maintained at six months operating costs in line with the Foundation’s reserves policy.

Our reserves level (expressed in the ratio of reserves to annual operating expenditure) is minimal and amounts to coverage for accounts fees and advertising costs, circa £500. The charity runs on a voluntary basis, and all remaining funds are offset into project costs for the public benefit.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

P. Bristow Trustee 31 July 2023

Page 3

Dandelion Seeds Foundation Statement of Financial Activities

for the year ended 31 July 2023

Notes
Income and endowments
from:
Donations and legacies
4
Other
5
Total
Expenditure on:
Raising funds
6
Other
7
Total
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2023
£
3,750
64		 Total funds
2023
£
3,750
64		 Total funds
2022
£
1,486
-
3,814
500
500		 3,814
500
500		 1,486
119
490
1,000
-		 1,000
-		 609
-
2,814
-		 2,814
-		 877
-
2,814 2,814 877
2,814
1,246		 2,814
1,246		 877
369
4,060 4,060 1,246

Page 4

Dandelion Seeds Foundation Summary Income and Expenditure Account for the year ended 31 July 2023

Income
Gross income for the year
Expenditure
Total expenditure for the year
Net income before tax for the year
Net income for the year		 2023
£
3,814
3,814
1,000
1,000
2,814
2,814		 2022
£
1,486
1,486
609
609
877
877

Page 5

Dandelion Seeds Foundation Balance Sheet

at 31 July 2023

at 31 July 2023
Company No.
CE018370
Notes
2023
£
Current assets
Cash at bank and in hand
4,410
4,410
Creditors:Amount falling due within one year
9
(350)
Net current assets
4,060
Total assets less current liabilities
4,060
Net assets excluding pension asset or liability
4,060
Total net assets
4,060
The funds of the charity
Restricted funds
10
Unrestricted funds
10
General funds
4,060
4,060
Reserves
10
Total funds
4,060		 2022
£
1,696
1,696
(450)
1,246
1,246
1,246
1,246
1,246
1,246
1,246

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 July 2023

And signed on its behalf by:

P. Bristow Trustee 31 July 2023

Page 6

Dandelion Seeds Foundation Statement of Cash flows for the year ended 31 July 2023

Cash flows from operating activities
Net income per Statement of Financial Activities
Adjustments for:
Dividends, interest and rents from investments
(Decrease)/Increase in trade and other payables
Net cash provided by operating activities
Cash flows from investing activities
Dividends, interest and rents from investments
Net cash from investing activities
Net cash from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Components of cash and cash equivalents
Cash and bank balances		 2023
£
2,814
(64)
(100)
2,650
64
64
-
2,714
1,696
4,410
4,410
4,410		 2022
£
877
-
100
977
-
-
-
977
719
1,696
1,696
1,696

Page 7

Dandelion Seeds Foundation Notes to the Accounts

for the year ended 31 July 2023

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

Dandelion Seeds Foundation Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 9

Dandelion Seeds Foundation Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 10

Dandelion Seeds Foundation

Notes to the Accounts

3 Statement of Financial Activities - prior year

3
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Total
Expenditure on:
Raising funds
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2022
£
1,486
1,486
119
490
609
877
877
877
369
1,246		 Total funds
2022
£
1,486
1,486
119
490
609
877
877
877
369
1,246

4 Income from donations and legacies

Donations
5
Other income		 Unrestricted
£
3,750
3,750
Unrestricted
£
64
64		 Total
2023
£
3,750
3,750
Total
2023
£
64
64		 Total
2022
£
1,486
1,486
Total
2022
£
-
-

Page 11

Dandelion Seeds Foundation Notes to the Accounts

Costs of generating voluntary
income
Donations
7
Other expenditure
General administrative costs
Legal and professional costs
8
Staff costs
No employee received emoluments in excess
9
Creditors:
amounts falling due within one year
Other creditors
10 Movement in funds
Restricted funds:
Unrestricted funds:
General funds
Total funds
11 Analysis of net assets between funds
Net current assets		 of £60,000.
At 1 August
2022
1,246
1,246		 Unrestricted
£
500
500
Unrestricted
£
150
350
500
2023
£
350
350
Incoming
resources
(including
other
gains/losses
)
£
3,814
3,814		 Total
2023
£
500
500
Total
2023
£
150
350
500
Resources
expended
£
(1,000)
(1,000)
Unrestricted
funds
£
4,060
4,060		 Total
2022
£
119
119
Total
2022
£
40
450
490
2022
£
450
450
At 31 July
2023
£
4,060
4,060
Total
£
4,060
4,060

Page 12

Dandelion Seeds Foundation Notes to the Accounts

12 Reconciliation of net debt

Cash and cash equivalents
Net debt		 At 1 August
2022
£		 Cash flows
£		 At 31 July
2023
£
1,696 2,714 4,410
1,696
1,696		 2,714
2,714		 4,410
4,410

13 Related party disclosures Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 13

Dandelion Seeds Foundation Detailed Statement of Financial Activities

for the year ended 31 July 2023

Income and endowments from:
Donations and legacies
Donations
Other
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Donations
Total of expenditure on raising
funds
General administrative costs,
including depreciation and
amortisation
Bank charges
Software, IT support and related
costs
Legal and professional costs
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward		 Unrestricted
funds
2023
£
3,750
3,750
64
64
3,814
500
500
500
60
90
150
350
350
500
1,000
-
2,814
2,814
-
2,814
1,246		 Total funds
2023
£
3,750
3,750
64
64
3,814
500
500
500
60
90
150
350
350
500
1,000
-
2,814
2,814
-
2,814
1,246		 Total funds
2022
£
1,486
1,486
-
-
1,486
119
119
119
40
-
40
450
450
490
609
-
877
877
-
877
369

Page 14

Dandelion Seeds Foundation Detailed Statement of Financial Activities

Total funds carried forward

4,060

4,060

1,246

Page 15