DARING TO DREAII
INFORMATION
PrinLypal Address
4 Ynys Bridge CcNJrt
CF15 9SS
Trustees
Barbara Chbj
Jthn c￿¥n
Kevin phil￿p$
Bankers
TrIc￿k>S Bank
Brist
BS1
Independent Examl
Bevan & Buckland LLP
Grwnd Flocff, Cardigan
CasU8 Court
Swans8a Ent￿ls8 Park
Swansèa
S47 9LA
Charity R8gistralion Numb8r
11￿5

DARING TO DREAM
INDEX TO THE ACCOU1￿3
Trustees, Annual RepNt
lTrJeperKlènt ExaMi￿￿S Report
Balance Sheat
Notes fomih)g part of the financ481 statemerrts
10-14

DARING TO DREAM
TRUSTEES. ANNUAL REPOttr
Th8 trustees are pleased to prese￿ their annual trustee5' re￿￿￿t toFlher wrth the fina￿181 statements of the
tharity for the year ended 31 March 2022.
The accounts have been prepared in accC￿d8n￿ with the accounting pcliLies set out in the notes to the
accounts and comply wilh the thaiitys governing ￿k￿men( the Charites Act 2011 and Accounting
Reporting by Charities.. Statement of Recommended Pra￿ce applicable to charities preparing their accounts in
accordance with tho FinarKial Rewrtiro Slandard applicable in the UK and Repubb¢ of Ireland published on 16
Juty 2014.
D8ring To Dream was sèt up as a Charitable Ineorporated Organisation with the Chaity Commission and
registered on 28 Juty 2020 with charity re9trAratK￿ number 11905￿.
The trusleas are aware of the Chwity CcmmbSsi￿'S guida￿ i)n public benafft and have regard lo it in thg
administration of the (knrity.
They believe that the charity provides benefft to Ihe pU￿1C by pro￿ding fvnds:
to support th8 emoti¢￿al health & welkbeing of adult patients in clinical care in Wal8S.
using funds that it ha5 raiséd, the chaiity raiges awarenv&s & facilitales thg improvement of noTrciinical
spaces in hospitals for patiénts. théir lamili8s and the slaff care for them. It dso fac41itatès activities
and ser¥ic8s thal supwt wellbeir*J. for both inpatients and outpatients.
There was an operating surplus for the year under review of £92,1e. an ex(8ss of irmme ovar exp8ndituro
(2021- surplus of £6.263).
The trusi8es firglly want lo give a massive, heartfeli thank to the many IndlvlduaL8. volunteers, donors,
funders. organisations together bvith our ambassadors. patrons and truslees that have $upportad Daring lo
Drèam ov8r the last year. Ywr supwt is so iMF￿￿n1. it is de8ply humbting lo realisè you share and beli8va in
our mission to suppcrt the emotiGfftal heallh of adults in wa￿ living with physical illness.
Thank you so much.
Thls is our second financaal year sirKe registral¥Jn and ￿ have hgd many. $ue(xsés and gath8rgd ffluch
learning too. Steadily our youro tharlty Winnlro to kn¢ythedg8. ngtsvorks. visibility. partrwships. darity.
and impact and is n¢y•V Putting down roots for g¢>)d growth and davelopment and pL3nning its joumey towards an
established and suslainable charity. That is a h￿￿ highlight of lh8 year.
After the successes of the opening MC￿thS for Daring to Dieam. in the autumn 2021 th& Board agr88d to'slop
and take stLxk' and identified the need to adjust Iheir focJJs fft order to betier fu￿1 their trustee role of strategic
1. 8tr•t•glc Lo•dornhlp
Trustees identified the strategy that ex￿lIent governan￿. tc¥Jelher with excelFent executNe and operational
function were the approach to move the L*)arity from'startvUP' to'establisw. and towards 'sustainable'.
Trustee meetsngs in Spring 2022 ￿fIec[ed thls sharwed strategy and progress began with
reflection on What we do: our charitable aCtivits￿..

DARING TO DREAM
At the January 2022 trustee meeting this was the central tOFiC of refknlion. dis(YJSsion. aThl refinement By
defining more deady our charitable actiwtses. this enables identifKalion of the essential areas of inputs,
What we do, was as:
al Actively raising awaran&ss of the nead ft¥ Supp￿ of emotional health and wellbeing for all adults,
living with physical illness in wa￿S. and hence buildirwJ a rThJvemeni of indusion.
bl Providing that support through the creation of r#)n4Ainical'safe hav￿5. tn hospitals for patients. their
relatives and the staff who care for them. (transfofming the envmnment of Quiet Rooms, Palient Day
Rts)ms. and Relats"ves RLX)ms to make them conduove to Pr￿oting open conversations that are r￿1
only dinical but abo ad(nowiedge aTrJ SUFfwyi Ihe wmtiorkql responw of patients, tsr families. and
Ihair dinical teams.)
G) Th8 charity facilitates sem￿5 arKI actIvi￿$ that supwt thg emoticfflal vRllbeing of pabents (b8 they at
home or in hosp1￿) such as liv8 mus4 hairdressiry. irmduding its annual ljagship live-streamed
LIeSw￿ festival {well￿1n9 festival). Ueswyl is free, inclusive and can be enjoyed from home or from
hospit￿ bed.
Is8lon, vl•lon. and vathM•: The final trustee meeting of last finarKi81 year focused on a strateglc
disojssion by the trustees on our vision. mission. and valuas siatements: another corn8rst￿ to
bulldlng thos8 foundation bi(xks of g)vemarte. slrdtegic pLanThng. and management control.
l Flnan¢l•l M•nagWW
a) Flnanclal sy8tsnx: The charity's finan￿1 Syslams and monitorirKJ have b88n d8veloFed ar
financial accounting and reporting nu4Y provided ￿th lh8 w of QuickBwks. We continu8 to build
and m8inlain appropriata finarmid m8n¥ff￿t systeff6.
b) Incom• In 2021-2022: Income of£35.151 re￿eSen￿ approximately a 400% growth in income ovér
our first financial year. Truly excèll8nt progr￿. aven more so as this was during th8 pandamic as w811.
cl Inthpnd•nt oxamknw. wth ino)ff* in excess of £35,￿1 ftx Lgst financial year, the trustees will
appoint an exlemal exarriner.
2022 was identified by truslees as the year of bjitding an ar4)row￿l8 rarftJ9 of fit for purpos9 pollaes needed
for govemance aThJ also to wi In pkqce a thretryear atpro8th to suslalnable LwIr￿SS.
The policy d8valoFffn8nt work prioribsad tha araas.. a) Safeguarding and Wèllbeing Iresulling in intarirn
pollcles by end of March) and b) T￿￿tee RecfuitmenL Ind￿1(￿ ￿ P4Jwsal. indudiNJ relxuitment
1. Flnancw obJectfv•s
The charity is ￿lIdIng knovledge. systems. arKI prC￿esseS to build irKm and suslainability.
al PAark•tlng: th8 Succ￿ ofour qwkelw tM)th in tem￿ of scKaal media engagement twjt also in term5
of'conversat"onal' m8thets.ng to eryge and INJitd p8rlnerships has been exc£llenL Mart8ting strategy
is being developed and implemented wdl and we are TTM)ving into'small steps, contracts wth S￿#8118t
PrOwde￿ to work alongside us and to increase our reach, engagemenL and impacl
(il Social medta grobvth: with a focus on Twitter. Faceb(K)K Linkedln and Instagram our engagement
(li) The charty's website ts continually bel￿ improved and urxlated" feadba￿ abo￿ ils
effectiveness in ter￿ts of ￿lent but imFQrtanUy in Iwms of online donations is very g￿d irKleed.

DARING TO DREAII
TRUSTEES. ANNUAL REpoirr
(iii) Markeling 5tralegies have hel￿1 identify organisations wilh whom to develop
partne￿hIp$. our approaches a￿ atr4vays about conversati￿* building ￿lationShIpS and
cdlaboration.
Ovl Media coverage relating to had a totsl coverage of 45 ojllets and OTS (Opporbjnities To
See) of 11.4 million
{vl DeveWTrJ our Vol￿ and brandirvJ-our th￿kS to Scarfett Deslgn Gn)up for updatlrKJ our k)go
and providiThJ us th our Lleswyl iw so gjccessfulty.
bl 8u¢¢oMful grant wll¢•thn•: arM)ther su(£8ss milestone is the thariws devewmgnt means that
we are now 8ble to app￿ for and secure cMJrfirst furKling grants from trusts. Sutkn Su￿sseS not only
provide income but demcrbstrale c0nfKtse￿e from the funders in the d￿rIty. The feedback from the
funding application has b88n invaluabla and halps infomi the flrture d8v8lopmant ofthe
harity.
li) Th• Po•t¢o(h Communlty Tr￿ advised us in Novemt*r that they had approv8d a grant {In
excess of£10,000) to us which has SUp￿￿ted tyjr core cosls and some marketing too for the
whde of 2022.
111) Tr *tsrk•tor•' Tru•t Chaty. fdlov•ryng our marketing submission in January 2022, whlch
assisted in the development of a thar marketirKJ tsmp&gn. objecbves, and sucxess
mgasurements for LIes￿l 2022, Ihe charity has been allocaled OLSI Reath support from tt
Trus( which is very much appreuaied.
c) Don•tloN •poMornhlp, lundr•blng •v•nts l aclfvMI••: w6 are sloadily building kn¢)wledg$ and
systems and puttiThJ much in Pla￿ which will b8 part of the d￿tity's future dvJital strategy. Thls area 18
onother significant highlight for Daring lo Dream and identifies thal the right management controls ar8
also being put in th tCKJ.
Onlkn• donakn platronm In X12112022:
Just GNirvJ generaled £1,345, nearty 21)M increase 202012021
Stripe and Gocardléss pneratgd £7.035, a 375% incr•as•
PayPal.' tlis was our first year of in(x)¥rn from a sm811 numb8r of birthday fundraisers and
text donations via t)onr Ivthich we tested for Lleswyll.
lil) Fundrnknlng •v•nts: Llesww ￿4$ our main fvndralsin9 event: imwrlanty we hava t4un to
generate some indNidual fvndraisers from supportgr5.
011) Tkk•t•al•• progm••d rapldty f0rAm￿S Darng to t)ream Ball & knion, in September
21Y22.
(Iv) 8poMo1¥￿. was obtained in support of L
(v) 0thordonatlon•: a significanl level of donations ¢xme through also via individuals and
businesses straghl into our bank acuJunL a WOkKKbon we in suppm of the funding needed
for Uewyl.
(vi) GIftAld". this is reclaimed regularty aThY makes 8 differen￿ for our overall donations. Our
cha]lenge is to enrx)urage those dLThtirNJ via Just Grving lo gft aKI IL
(viil Donatsn total•: £22.098. an irKrgase of apFKoximaiety 2SJ% over the rmicrtts year.
l Human objgcdvts: the Chari￿5 human otyectwes are to ensure that the emotional heallh and wellbeing of
its beneficiaries. volunteers arxl trustees. and slaff is at the heart of all that the charity doas. W8 approach
what we do in the 5PiTit of (X￿1¢XIucIiQn, UXFeakn, and cx)tiaixYation.
a) DmlDplng pattont *NO￿¥mOnE the clwity began in the cardiothorac￿ Directorate at
University Hospttal Wales arvj with b￿￿￿arleS who are cardrdc patients. However. a parttcular
highlight is that there has been real su¢>xs in deveknping patient (beneficiary} Vol￿ and involvement
aL¥OSS other diThcal directcKates aTrJ healih bc%?￿$. In cs>crealion of I￿rn transfcrfmthns,

DARING TO DREAII
TRUSTEES. ANNUAL REpoirr
feedback of the value of tranS1￿Med r(Th￿. our growirg vRbstte S￿#10￿ that highlights individual
patient stories Ihttps:Ildaringtodream.Waleslp3tient-st￿7eS￿. in the devebjpment and prowsion of
feedback for Lteswyl 21r21 and ofcourse in our Th£￿Ierful cdelya11￿ evenl at ￿ end of March 2022.
We are beginning to build partn8rships v￿h charities that 5UPPOrt particajlar patient oJ)mmunilies such
as lfjdney Wales. Paul Popham FuThJ. youlh@heart amwjst others and that is an iMp￿ant approach to
us CCfin￿ting with more and adults across Wales living wih phygcal illness.
We are Indeed buildiTrJ our approaC1￿S to c1w(￿. cl>ue*￿. and ￿llab(￿atiOn.
Safeguarding and Wellbwng" and
lill Rgwitment, induction and aFvaisal d trustges and board 0$ a hs also part of delivering
on th8'human obiec*ves'.
Organk obJocllv•'. as a charity we to be abl8 to ￿ suStalnkn￿, to survive, to maintain gro￿ and
build tncome.
a) Trustee dlscussions and operattonal approachas demonstrate that Daring to Dream may well be about
'volunteers the charity is definitety Th)t amatajrf. We are iThYeed ptanning for growth and for
sustainabilty
b) hrtn•rnhlp •nd ¢oll•boralknrn.' Development of parts￿rShipS and C￿laboratiVa working wth 8
range of stakehdders demcmstrales collat*)rativ8 leadership e.g., Indlwdual cllnlcal dir￿101ates and
h8althcar6 professionals and nehvorks. other health charities sueh as Kidney Walès. Paul Popham
Foundation, Youth@Heart, Innovate Trust as wetl as wilh kèy ￿ganisationS such as Digital
commun￿¢¥ Wales. John Lewis & Partners and many mryg. Our parln8rship with Hospttal Radio
Glamorgan takes us into a different m•dia channèl and dir•cUy lo ojr benefK4aries, their familiès arKI
tho staff who care for thom. 11 helps us eNJage in ways. ¢)tr￿r than I￿r soclal m8dla.
cl A vl•lbl• pr••￿￿ ¥thln Walo•: th8 really successful ir4qugural and fiagship Llesvryl music f8Stival-
at-ts)me. not onty raised aWare￿s$ of the need for gmtitiwl suprort ar#J wèllbeing for thosé INirrfJ
with physical illn8ss. it also is leading ￿ way as an indusiv8 event for those for whom going to live
gigs and f8stival$ Is not r*)ssibl8.
The musiaans, inspirational pattents, amazirKJ live hosts, arnl tha quality digtial production pul D8ring
to Dream 'on the map.. parlnsthps m*le Ihè thronically 11 feel ￿ued. It attracled
significant donal¥Jns loo.
Without doubt Ueswyl 2021 was another sw3nificani higNithL
dl Colobratlng WC¢4￿. Our end of year ￿ebratI(￿ on March 29th was IK)519d by Sian LW,. thls
event was importanL successful. and professKJnally pr￿luced by Ratio Studios. CelebratiThJ Suc￿se$
IhttpS..Ildaringtc¥Jraam.wal8s120221041011darin*t￿dream-Ce1ebrale￿) is Critical in tem￿ of visibility ar
generating intèrèsL support and credibility as well as motivating th8 thantys vdunteers and trustees
e) Business development and delNery: Addttionalty. the plannwo in place is identifying objgctives needed
lo build the charity's pjrifolio atfd delNery medIar￿sIr6 for welbeing acliviti8s in hospitals and diffwenl
heallh boards. It will ¢>)ntinue as work in prow but is already fftforming fuiure developments.
8oclal obhcdvw: the Chari￿s sodal c￿JeCtfveS indude the devel¢)pment of room transformatrons. their
completion. and also facilitation of wellbeing activi￿ out of hosixtal. Evwything we do, we aim
to do with care. compassion. quality. and ethicalty.
a) Another signrficant and major success in 2021r2022 was the completion offourmorn n>om
trnllsfom*tlorn in University Fkwital ol Wates durirwJ the parKJemic.

DARING TO DREAIA
TRUSTEES, ANNUAL REPORT
In CrfItG•l Car• Dlroctornts. C￿￿eated and put in ￿ the transfomwlK)n of tM)th the Quiet
RcK)m and their Relaliv&s' R￿m- providirvJ muth needed safe spar￿ for families and staff to take
time out. to have those I￿jg￿ eon7rfetsations. to feel safe. We a150 raised the funds to do this. We
achieved everything virtually tw.
In Cardlothorack Dlrnctornts both thè Out PatiBnts' Departn￿rt Quiet Room and Ward Bl Day
rooms were completed wilh assistan￿ from Ihe grnnt provNJed ty The Natw)nal Lottery.
The determination of the staff to work with us and to be inrKwabve to SUPF¥JI their patients aThJ staff
whilst dealing with everythirvJ relaiirKJ to the COVID and all Ihe wK¥eased LM)erattonal challenges was
nothing short of inspirationaj.
As chair, this really was LTh ofthe standoth hthlthts ofthe last ffinancial ye8r.
b) W•llbglng actmttm: although facilitation of iTrhJsprial wellbeing actiwbes continued to be
inappropriate. behind the scenes r8searth has conbnued inlo potgnlial futurg activibes. However. the
pandamic cpéned the (hJ(Ks to ￿ hohlir¥J our firsi ever Ueswyl!
cl Ugwl 2021: our first ever wellbeing f6stlval-a14￿Th experient£ was another absolute standout
highlight. It dhd indeed shino a IwJht on the effK)lional needs of those living with physul illness in
Wal8s.118lso provided S¢)me ffirst steps towards buildiThJ a sooal indusion mvement that highlights
R￿lY￿ Polky
The tfUStoes' reserves p)licy 1$ to accumulatè WKI ratsin PF￿lent lov81$ of furKls in ordar to contlnuo to maintain
its maln charftabla obje(aives into the future.
Annual budgets have been, and ￿11 con15nue lo be pYep8red, in order to monltor actual finandal perf0m￿nCe
against those budgets. If aThJ when any issues are idenlif*d by that process cs)rfe(Aive acbon will be taken to
securo the future vl8bility of the charity.
Rl¥k Management
The trustees have assessed risks to date in relation io the initial knmiied activities undertaken. It is intended that
further rewows are undertaken to prowde a coMwehensi￿ asSessn￿l of potonti￿ kay risk areas and to ensura
that relevant procedures aro pul in place to mitwjats thosg risks.
During the Per￿￿￿ under review rK) trustee r￿1ved any reff￿neral￿ ordaffn for 8XP8nsgS.
Tha charity has a clear ￿lcY that any actfvilies whth fXM5kJ resuli in a porceived confiici of interest are fully
doclared as and when rel8vanL
The tfustees are reS￿￿Sibl& for the pr8parirvJ thg tsitst8es' raF4Xt and the financial statements for eath financAal
perfod which grve a tnje and fair view ofth8 thariws sL*e of 8ffaFrs as at thg balarth sheet date and of ils
financial activities for that period. In weparing those finar￿131 slat￿nIS thg trustees are required lo:
observe the metrKrfl$ and winciples in the Charit*s SORP.
make judgements and 8stimate5 that are reasonth and prudenL
statg whether appltLzblg accounting Stsndards have be8n f￿1c￿•1ed. subject to any material departur6s
disdosed *ined in thg accx)unts"
prepare tthg a￿)Unts on a goirKJ conrmn basis unless it is inapwopriate to WeSUn￿ that the charity wll
itinue to operate.

DARING TO DREAII
TRUSTEES. ANNUAL REpoFrr
YEAR ENDED 31 IIARCH 2022
Th8 trustees are resp(M)5ible for kee￿￿ng proFer accounting reu)rds that are sUffiC￿t to show and explain the
transaclions and disclose with reasonable accJJracy at any time the finarrial position of1he charity and enable
them to ensure that the finanoal statements compty wih the Charities Ad 2011. Try are also responsibl& for
safeguarding the charity's assets arKI her￿ for taking reasonable steps for the prevention detection of fraud
and other irregutarities.
ned on behalf of the tru
Barbarn Ghldgoy
Chatr
6 Sèpt•mb8r 2022

I re￿rt to th8 trustees on my examinaticKI of the a(xx)unts oflhe aLK)ve charity fthe Trusf) for the year ended 31
March 2022.
As the charÉty tnjstees of tha TnJsL yw 8re res￿￿￿}$1bIe for the preparation of the accajunts in a(xordance with
the requirements of lh8 Charilies Act 2011 fft Arf).
I rewrt in respect of my examination of Trusvs acccyjnts carried oul under section 145 of the 2011 Act and
in carrying out my examination. I have fcAlrthEd the applKablg Direcim% given ty the Charity C¢)mmi%sion under
section 145{5llb) of the Act.
I have conTJleled my examinatic￿. I confirm that no malerial matters have ccrfne to my attenticm (other than that
disGlosad below.) in conneclicK) with the examinaticffi whith gives me causè to believe that in. any material
resp8d:
I have no concerns and have come across Th) olher matters in connectw)n wilh the oxaminalw)n to which
attenUon sI￿uld be drawn in order to enable a woper understandw of th8 8¢xounts to be reached.
14110r22
for and on beh811 of
B•v•n & Buckland LLP
Ground Flc4Jr
Cardigan House Casue Cojrt
Swans8a Ent8rprise Park
Llansamlet
Swansea
SA7 9LA

DARING TO DREAM
2021
harltablg aGllvlll••
Grants rec*ivaUe
Oonations rec&ived
Other in(x)me
Investment inu)ff
4,281
16,475
1.496
6.915
11.196
22,097
1,851
8,433
353
355
W59
12.892
35.151
8.786
EXPENDITURE
Charftabh aclmu
Total charitable costs
17.070
11111
29.181
1,403
5,878
5,878
1,120
12.111
35.059
2,523
(689)
781
6,263
Fund balances brryjght fowrd
6.263
Tho 6t8tement of fina￿##1 activitsè# indudos all gairts arbj b)ssès récogrmsad in thè pericAI.
All InL)Jnè and expenditure derive from c4x￿inUir￿j athibes.

DARING TO DREAIA
BALANCE SHeEr
31 MARCH
Debtors
Cash 8t bank and in hand
19.284
22210
10,249
10,593
Crndltorn: An￿unts fallng du• wlhin
•)n• year
10
15.855
6.263
T¢>tal n•tu••ts
Pund• ofth• charfty:
Unr88trlcted fvnds
R¢$trrctsd funds
12
12
5.574
781
6263
Total fund•
Thèsa finanoal statements were aP￿9d by th9 trustees on 6 Seplembw 2022 and signgd on th&r behaw
by.
Barb8r8 cl￿d90Y

a) Ba•kn of prop•r
The accounts have been Fwared in accordanc6 wilh Ac¢))unlirKJ and Reportrng by Charities..
Stst8menl of Recomrnended PrdctJ￿ a￿lcab￿ to ¢tharÉti8s preparirg their accounls in a0￿)rdanc?
with the Financial Repofting Stsndard applicable in the UK and Republic of IreiatMI IFRS 1021 (effective
1 January 20151- (Chwitsgs SORP (FRS 102)). the ReF(YtirvJ St8ThJard aPpI￿￿e in th6 UK
{FRS 1021.
The accounts have been prepared on a going cont8m basi5 as there ar• no material uncertainties over
chari￿$ continuirKJ 0￿rdbOlL
¢) In¢om•
Income is r8cognis8d in the statemgnt of financial adiwties when the charity is 8ntitJ8d to in incom8 and
tho a￿￿nI can be quantified with reaSona￿e accuraw. The ffdbv￿ng SFwfic policies are applied to
particular categories of incom8
Grdnts are recognised in fuu in the Stateffthi of Finartial Acl1vit￿5 in the year in whlth they are
receivable.
Voluntary incomo is rgcgived by way of donaticffls arK3 grfts and is 1ndl￿ed n full in thg Statement
of Fin8ncxal ktivities 7when receivable.
c) Ewdlthrn
Resources expended are reLX)gnis&J in the WICKJ in wfuch they are In￿rred. Resources expeThled
Indudo attributabk VAT whith cannot ￿ recrnrgd. RgSWnX 9Xp￿d0d ar• alloeatad to tho PartI￿lar
activity where the ¢>)st relates direcuy to Ihat acliwty.
c) Fwbd •c¢ounllng
Unr8stricted income funds ar6 general funds that aré availablé for use at thè trusteès di%crètion in
furtherance of the obieclives of tho charity.
Designated funds are unrestricted frjrxls set aside speafic WryM>se8 at thè discretion of tha
trusteas.
Restricted Ir￿oMe fuThJs are tIM)se d￿ated for use In a paftscular area or for $F>ecafi¢ purwses, the
use of which is restricted to that aTra cff Purp￿8.
d) D•blor•
Trade and other debtors are re(x)gnised at the setuement aft￿nt due after any rolovanl diSc￿nI
offered.
èl Ca•h at bank and kn hand
Cash at bank and cash in hand indudes cash and slK)rt tem hI￿lY liquwj tnveslmants a short
maturity of three ft￿ftths or less fr(xn the date of aCquisib(￿ or Open¥￿ ofthg deFOSit or similar accounL
Creditors and provisions are recognis&J vthere the charity has a present obligatv)n resuEknng from a past
event that will wobabty result in the transfer of furmts to a third party the amount due to settle the
obligation can t* measured or estimated reliably. CrwJitor5 and tywsions are n￿MallY rewgnised at
their SetLlen￿rrf artvjuni aftw al￿￿trY￿ any relevant dis(#)Jnts due.
10-

DARING TO DREAM
NOTE TO THE ACCOUltrs
A¢¢ounllng Pokkns I￿ntinued)
g) Taxath
h) FlnanGkn] In¥lnM
The charity only has finan￿￿ assets and financa81 Ikqbitit*s of a knnd that ql￿l1fy 8$ basic finanaal
nstruments. B8sic fina￿la] instruryonls are inrtialty re(wnised at transaclx)n value and subsequenuy
measured at their settlement valuè.
The charity Fs a charitable irKc*porat8d organtsation {CIO) and has m sharo capilal. In th9 evgnt of tt
charity belng wound up there is liaknlty for members of th8 charity who are thg trustees.
& ID¢om•
a) Gran1• r•c•lv•bh (see Thjlè 4)
Naticwl Lottary Community Fu￿1
Poslcode Community Lottery
6,915
2,631
4281
2,631
11.196
6,915
Voluntary giving
16.475
22,097
8.433
c) Oth•r In¢om•
Gift Aid
Sponsorship
Misceltaneous ir#xrn
951
353
1,496
355
1.851
353
Bank interest
22.259
12.892
35.151
8.786
Purpc•eB of grnntfund•
a) National Lottery c￿mmunity Fund-
Grant fuThJlng of£6.915 ￿￿$ r￿1Ved to assist with strithral iMprove￿￿nIS arm1 fitbng out of
roorns S￿In the University Howital of Wales Cardv)thoraoc deparbmenL
£1,650 was recAived tcfiwrds the costs of stagng the ueSW￿ Music feslival
charity.

DARING TO DREAM
NOTE TO THE ACCOUIKS
20
Dire(*
Dired
12.111
7.575
9.495
29.181
Artiste fees
Festival Pfoducllon L￿SiS
1.403
2022
2021
Donation plarfom fee5
Insurance
Marketing and promotion
Legal and professional fees
Aceountancy fees
Sofvare subscriptions
Website hosting, elc
Bank charges
210
144
418
1,925
492
75
Dir8ci
28
13
5,878
1,120
Incom• l (•xpondlthrn) forth• y•
IndeFendent examlnerfs fee
No paymant of aypenses was made lo any trustees for th8 period urKlw revith¥ apart from
reimbursément of amounts paid on behaw of thè ctstty.
Dobtor•
Debtors
PrepaKI costs
1.080
1,846
2.926
10. Curr•nt UqbHIII•
IncATr in adva
Depostts hekl
Loan {uns8curnd}
Ac(yuals
7.8
7.605
3.330
15,855
4.330
-12-

DARING TO DREAM
NOTE TO THE ACCOUltrs
Tothl
5.562
12
Uesw
12
Restdcted Arrrfs Ball
UHW Critical Care
UHW cardictr1h￿aC
85 room
700
81
81
Total fundB
6,355
6.355
Unrestricted
Restrfcted
5.574
781
5.574
781
Tol•l fund•
6.355
6.355
11 Mov•m•nt on ￿fid•
At1AI•
Unrestslctgd Core
8263
3.036
19223
(3.737)
{19211)
S,562
12
R8Stricted
Arn￿9 Ball
UHW CritiC31 C*•
UHW Cardiolhorndc
BS IJui8t room
81
4.795
7,316
35,151
81
(4.795)
(7.316)
35.059
6,355
Unrestricted
Restricted
22,259
12,892
35.151
(22.948)
(12.111)
(35.059
5,574
781
6.263
6,355
Unrestricted general f￿d$ my be ger￿alty for th& fvthrirKJ the charitable work of DariThJ to Drèam.
The fund In this categcry is the Cfft FUNI.
The unrestricted d6signated Llewl fund is for the purpc68s of wc*Jucing and hostirvJ an online music
festival to aid fuThl rasing in support èf the c*wilRs aims.
Arn￿5 Ball repfvsents fvnding raised through ticket sales and dc¥iatb)ns towards the'Daring to Dream Ball
and Auctton in memory of Amy Pern. ain￿ at ratsing wareness of. support for the emotional health
and wellbeing of young cardiac pabents.
UHW Crikncal Care. UHW Cardiolhcyacic aTrJ B5 Quiet Room represent indN*Jual undertaken by the
charity in perfomianc8 of prinupal charilabja acttvtb￿.
13-

DARING TO DREAM
NOTE TO THE ACCOUP
INCOME
Donations re￿iVed
Other inLxJme
8.433
8.433
353
8.786
8.786
Charllable admu
Total charitable costs
1.403
1,403
1,120
1.120
2.523
2,523
N•t Inc<MMI (•XWMthrn)
6263
Fund balances br(wht fonvard
14-