Charlty number: 1194307
BANK OF
PREAMS
IGH
Trustees, Report and Financial Statements
For the Year Ended 30 April 2026
What we do is not complicated,
what happens is remarkablel

Contents
Pago
Referenc£ and Administrative Details
Trustees, Report
2-21
Independent Examiner's Report
22
Statement of Financial Activities
23
Slatemenl of Financial Position
24
Noles to the Financial Statements
25-34

Reference and Admlnlstratlve Detalls
Trust¢es
Mr M Smith - Chair
Mr C Padwicke-Barratt {appointed 24110120251
Ms J Morency
Mr S Deverell
Mr J Collins
Ms E Sharman (resigned 31112120251
Ms N Mccretton (resign8d 3111212025}
Charity Number
1194307
Prlnclpal Address
Bridport LSI
51 East Street
Bridport
Dorset
DT6 3JX
Independent Exarnlner
Mr. M.J. Cridland B.A. IHons} F.C.A.
Scott Vevers Ltd
Chartered Accountants & Registered Audilors
65 East Streel
Bridport
Dorset
DT6 3LB
Bankers
Natwesl
Westem Avenue
Walerside Court
Chatham Maritime
Chatham
ME4 4RT

Trustees, Report for the Year Ended 30 April 2026
The Iruslees present their report and the finan¢i81 slatements for Ihe year ended 30 April 2026.
Objectivos and Activities
Aims and Oblectlves
To advance ed￿CatIOn for the public benefit in writing and reading in all ils foms.
2. To act as a resource for young people up to the age of 18 by providing advice and assistance, organising
progrdmmes of education and other activities as a means of:
la) advancing in life and helping young people by developing their skills. capacities. and capabilities to
enable them to participate in society as independent, mature and responsible individuals,
(b) advancing educ*tion,
{cl Relieving unemployment. and
3. To promote social inclusion for the public benefit by preventing people from being socially excluded.
relieving the needs of those people who are socially excluded and assisting them lo integrate into society-
Publlc Beneflt
The trustees have complied with the duty in SeclK)n 17151 of the Charities Act 2011 to have due regard to the
public benefit guidance published by the Charity Commission on public benefit when reviewing the charity's main
aims and objectives and in planning future activities.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 201110
have due regard to the Charity Commission's guidance on public benefit.

LE￿£R FROM THE CHAIR
Wol¢om•l
This pasi year has been a positsve maelstrom of frenetic positive activity. building on our relationships with schoo]s
and engaging 131)O+ children. The chariry has WOTked with 25+ sch￿]$. delivered IO0+ after school sessions, resulting
in 5 pllblished anthologies and a host of inspired {and officially publishedl) authors. All the books are available in
bookshops and online via our website.
I want to congratulate our staff and volunteers for their fantastic levels of energy and inspiration. as well as to enend
a warm welcome to our newest member of staff, Alani Cook as Outreach Cwrdinaror, a new Tole whieh will help us
deepen our community engagement 8nd reach the young people who need us most.
I am thrilled to say that the fitsi full trial yeaT of our Progres5iQll m(Mlel - designed to broaden and deepen our
engagement with schools (involving three very different schools this year) has just been reviewed, with a 5 star rating
for the CPD se5sioll and excellent feedback fronL all three schoo]s. The learning from this will now infonn year two.
Ano¢heT highlight of the year wa5 Bankfest. See below for moTe i￿OrMation about this unique rnultifaceted event., as
well as The Writers. Account and our other strands of activiry.
I would g1$0 like to say a huge thanks to all the organisations and individuals who have supported us this year. The
funding landscape is rockier than I have ever known it in 20 years of Charity Chairing and the recognition and support
from people and ￿nderS who See the inspirational benefit that The Bank of Dreams and Nightmares provides, is both
heartening and more vital than ever. We now have a thTee year Projecr grant from Arts Council England to support a
key strand of our work, which is excellent news.
However. we are constantly sttiving to develop both new and existing ￿ndIng Telauonships with organisauons and
individuals in order to enable us to sustain our work and deliver unique and invaLuable creative outcomes for young
people locally. If you, OT sorneone you know, would like to know how to becorne one of these, have a look at the
monthly 8iving campaign on our website or just get in touch. Your support will help young people find their creative
voice.
Chair ofTDJStees- The Bank of Dreams and Nightmares

INTRODUCTION
In last year's report we asked.. "If I can do Ihal.. what else can I do?" This year. we have been building the
answer., session by sessKJn, school by school, Story by Story.
The Bank of Dreams & Nightmares was founded on one simple and radical idea.. that every child has a story
worth telling. Not because we want to produce a generation of novelists. but because the act of writing a story
that is entirely your own, that could only have come from your imagination, at this exact moment in your life.
does something to a person that nothing else quite manages. It plants a question.
The wodd our young people are inheriting is changing fasler than our education system can keep pace. In 2025.
only around one in four young people aged 8-18 said they enjoyed wrrting in their own time. Around one in five
children now has a probable mentsl health disorder. Writing attsinmenl at KS2 remains the lowesl of any core
subject. And the rapid rise of Al, capable of producillg fluenl text at the touch of a button 1$ prompting a crisis of
confidence about the value of human creative expression, just when that value has never been more essential.
Al can mimic the surface features of good writing. What it cannot do is replace the human act of finding your
own vol￿, wrestling with an idea thal matters to you personally, and disrAJvering through the slnjggle of putting
words on a page exactly what you think and feel and want to say. The young people who will thrive in an Al-
shaped wodd are those who have something genuinely their OM to say, and the confidence to say it. That is
precisely what we exist to develop.
202>26 has been 8 year of genuine consolidation and growth. We completed the first full year of the Primary
Progression Model with three partner schools. Our secondary programme produced three outstanding published
anthologies and secured a three-year Arts Council grant. Our after-school clubs are changing lives in ways we
can evidence and in ways we cannot yet measure. We have young people heading to university. winning awards
and coming back to volunteer.

OUR YEAR IN NUMBERS
1300+
children and young people engaged
25+
schools worked with across Dorset, Somerset & Devon
published anthologies and chapbooks
progression model primary schools in year I
IO0+
after school club sessions delivered
issues of What's Going On ? Newspaper published

WHY WE (STILL) EXIST
Our schools work extraordinarily hard. But they operate within a system desiqned al the tum of the twentieth
century to produ￿ a literate and numerale industrial workforce. a system that was never built to develop the
curious, adaptable, emotionally intelligent human beings our society urgently needs today. The harder schools
are pushed lo hil assessment largels, the less room there is for the kind of exploratory. imaginative learning that
transfomis a child's relationship wilh Iheir own polential.
We are not here lo replace schools. We are here to do what they, through r¢0 fault of their own, cannot always
do.. give young people time lo think freely. space to fail safely. permission to imagine wildly, and a genuine belief
that their story is worth hearing.
We believe six things deeply, and they underpin everything we do.
1. Creatlve wrltlng Is nol a soft option,
is one of the most demanding and
rewarding cognitive acts a young
person can undertake.
it
2. Confidence is contagious, when
child discovers they can write
something worth publishing, it
creates a new vision for what they
are capable of.
3. Belonglng Is transformatlonal,
many of our young people have
never experienced a leaming
environment where they felt
genuinely welcomed and
elebrated.
4. Enjoyment Is the polnt, ¢hlldren
who enjoy writing are seven times
more likely to write above the
expected level.
5. Human voice is irreplaceable, In a
world where Al can produce
grammatically perfect text on
demand, the ablllly to write
something genuinely* authentically
yours has never been more
valuable.
IA
6. Everyone's slory matters.

OUR THEORY OF CHANGE
THE STARTING POINT
A CHILD ARIUVES
A Child Ivho doesn't think Jvriting is (or people lfike them. Perhaps they're anxious. Perhaps they're
disengaged from schooL Perhaps nobody has ever 4sk¢d what they think.
OUR APPROACH
WE CREATE THE CONDITIONS
o Safe Creative space5 0 Skilled mentors o Small group$ o Professional writers o Re41 audiences o
High expectations
IMMEDIATE OUTCOME
THEY FIND THEIR VOICE
They feel listened to • They take creative risk5 • They discover slories worth telling • They
begin to believe their words matter
OUTPUT
THEY BECOME AUTHORS
Published anthologies, Newspapers, P(MJcasts, Performan¢es
Their work exists 111 the world. Not a$ a school exercise. As something real.
SHORT TERM OUTCOMES
SOMETHING SHIFTS
• Confidence grows • Communication improves • Creativity is celebrated • Asplratlons exp*nd
Schools and familles see new strellgths • Young people begin to identify Is wrAt¢rs
MEDIUM TERM OUTCOMES
THEY SHAPE THEIR OWN FUTURE
Young people become mentors. Young people become leaders. Young people ¢ngage more
po$itively wlth education. Young people discover pathways they never thought were open to them.
LONG TERM IMPACT
Every ehi]d understands that their story matters. Children #nd young people who once fell
overlooked become confident authors, eommunficators and communily leaders, able to shape their
futures and contribute to the places they ]ive.
"What we do is not complicaled What happens is remarkabl&"

WHAT WE DO
STRAND ONE: THE PRIMARY PROGRESSION MODEL
This year marked the completion of the first full trial cycle of our Primary Progression Model, the most ambitious
step we have taken since the charity was founded. Rather than delivering one-off workshops. we committed to
sustained, sequer%ced engagement with three partner schools across an entire academic year.. building creative
writing skills progressively and embedding our work into the thythm of school life.
The three schools.. Radipole Primary. Mountjoy School and Beaminster St Mary's. wer8 deliberalely chosen for
their differences. Together they represent the breadth of communities we serve- a large urban primary in
Weymouth, a specialist SEND school, and a rural Church of England primary. What they share is openness,
trust and a belief that their children deserve more access to creative expression.
What the pilot has shown, above all else, is thal when children work with us over lime, when they Come to trust
Ihe process and know that their ideas are safe= something shrfts. They draft. They redraft. They share. They
listen to each otherfs work. That is not something that happens in a Sing￿ morning.

Radipole Primary School. Weymouth
Radipole Primary was our first sustained venture into Weymouth, a town with two areas in the bottom 30Vo of
deprivation nationally. Over the year we delivered the full progression sequence.. character creation, speèch
writing, slory making, survival guides, and a Greek Myths Anthology Project. Each session buill on the Lgsl.
The year also included a Love Where You Live whole-school poetry anthology, in which every child in the school
contributed a poem. We partnered with First Bus, who displayed a selection of children's poems on their buses
across Weymouth. The children saw Iheir words out in Ihe world, shared wilh strangers. That matters.
In the summer term, Radipole's Comic Club, Iwo classes, Iwo separate strands. gave children the Chan￿ to
work in a new form.. visual storytelling. sequential narrative. character through image as well as word.
"Thankyou for the session today,. it was amazingl Ed and the team arrived promptly and
got straight into it. The whole team were really engaging and kept the children's
attention. The amount ofadultsupportme8nt that811 children were able to write 2
poems. A brilliant experience for all children.
Mi¢h8lle Mae, Ygar 6 teacher, Radipole Primary
From the speech wrrting workshops. Excellent engagement and enthusiasm even from those that wouldn't
nomially enjoy writing.. Published outcomes were repeatedly highlighted as what most motivated children to
invest in their work.
Mountjoy School, Dorchester
Mounljoy is a specialisl setting for children wrth comptex needs. and one of the most important partnerships we
have. This yeals programme focused as much on confiden￿, participation and self-belief as on Writing craft
itself. Sessions included speech writing for the School Council, character creation, story making, suNival guides,
and a Museum Takeover Day. The year concluded wilh a bespoke ¢hapbook. a published book of the students,
own stories.
For young people al Mountjoy, being published is nol a metaphor. It is concrete, physical proof Ihat their ideas
have value. Antonia, the school's lead, wrote after the School Council speech writing session-
"Thankyou both ft)rattendingourSchool Counci18ndhelpingthem to produce some
fabulous campaign speeches. Itwas a reallyproductive session anditwill be very
helpfulforthe Council in theirfuture efforts."
Antonla. Mountioy School
Staff feedback from the Museum Takeover Day.. 'Real engagement wilh the project, and enthusiasm towards
history and written creativity. Overcoming of social anxiety lo communicate with new people in an unfamiliar
environment., Working closely with class teachers across multiple feedback sessions, we arrived at something
important about impact in a specialist setting.

Beaminster St Mary's Church of England Primary School
Beaminsler St Mary's is a small rural primary that became one of our most generative partnerships. The school
embraced the model with real commitment. and the results have been extraordinary.
We began with a whole-school poetry anthology and an autumn chapbook, Undreamed Nightmares celebrated
at a launch event that felt electric. As the year progressed we worked through character creation, speech writing,
story making and sutvival guides. We also delivered a CPD session for teachers. multiplying our impact long
after we have left the room.
The spring Intergeneralional Penpals project, in which children exchanged lelters with residents of a local care
home before meeting them in person was among the most moving things we have done. Writlng connects us
not just to ideas but to people.
"The class showed cle8r development since the previous visit- more settled, engaged,
and confident, with a strong sense that the group hadgelled. Pupils contributed
imaginative ide8s while also building on each other's suggestions. Anothergre8t
session. with high levols of engagement, creativity, and relevance to the curriculum..
Teachgr feedback, Boaminster St Mary's
The CPD session received a 5-stsr rating from every teacher present.. 'Gave us a whole list of ideas to support,
motivate and engage pupils. Lots of useful tips on how lo hook children into new unils. Loved the enlhusiasm of
Ed and Nick.,
This firsl year of the Progression Model has already infomied the second phase. The honesty of all thr8e school
partners about what has worked and where the model needs tightening has made us better. We enter year two
with stronger sequencing, clearer evaluation tools and a deeper tnjsl with the schools we serve.
10

STRAND TWO: SECONDARY SCHOOLS - THE NEXT CHAPTER
TALES.
Over ten to eleven weeks. we work with a selected group of young people identified by their schools as those
who would benefit most. not always the obvious writers, sometimes the reluctant ones. the overtooked ones, th&
ones who have been told that words are not their thing.
By the end, they are published authors. Every time.
This year, two major anthologies We￿ launched and a trtird was in production. Most significantly, we secured a
Ihree-year grant from Arts Council England to continue and deepen this work.
Unexpected Tales - Sor John Colfox Academy
A ten-week anthology project in Ihe summer term of 2025. The young writers, none of whom would have
described themselves as writers when they walked in, produced a remarkable collection of short ficlion.
On Polltlcs and Potatoes - Axe Valley Academy
Beginning wilh a simple question. ￿hat'S wrong wlh the world, and how would you fix itr" the young writers at
Axe Valley produced a manual for political engagement that is also a testament to how seriously young people
take the wodd around them when adults take them seriously in retum.
The Wrfters. Game - Wadham School
New anthology delivery at Wadham began in eady 2026, supported by Arts Council funding. Furtherworkshops
are booked with Axe Valley Academy. where the work will also contribute lo a University of Exeler research
study. bringing independent academic evaluation of our impact for the first time.
11

STRAND THREE: AFTER SCHOOL CLUBS
Our after-school clubs are where the longest relatlOn5hips are formed, where young people retum week after
week of their own choosing, and where the cumulative effect of creative engagement is most visible. They are
free, inclusive and designed for those who face the grealesl barriers lo participation. Plus we are now receive
three years of furKling from the National lottery Reaching Communities fund.
The Wrft•Ys' Account
A weekly creative writing group for 1 >18 year olds, led by Rebecca de Pelet. This year the group perfomied
original work publicly at Goose & Badger on 30 April 2026. One participant was accepted onto the Creative
Writing degree at the University of East Anglia,. one of the strongest in the country.
We are proud to Sha￿ the str)ry of Zoe, who first came to us through the Resonate project at one of the lowest
points of her life; school attendance under 30 %, all confidence in writing gone. After Resonate, she joined The
Writers, Account and kepl coming back..
"Today. Ireadmy workoutproudlyateverysession. As a result of the confidenc8 The
Bankof Dre8ms andNightm8res putin me. l am nowin college fulltime andhave been
outgoing enough to make the most beautiful friendships. I won the Andyjacobs award
for mental health and wellbeing. I will never stop writingagain. If I cannot take part in The
Bank of Dreams and Nightmares as a youngperson, I will return as a volunteer8ndgive
back to the charity that changed me."
Zoe
12

The Vault - Newspaper club
Our weekly after-school newspaper club forwriters aged 8-14, meeting every Thursday to produce What's Going
On? This year we published four issues,. reaching Issue 10, a genuine milestone. The Vault gives young people
a real product with a real audience. Their news stories. interviews and opinion pieces go oul into the world.
Podcastlng Club
Our Monday afternoon club for youn9 people aged 9-14 who are drawn to writing and producing but who may
find fomial settings difficult. The small group, high adult-to-child ratio and weekly rhythm have made r(
Iransforrnalive for some of our most vulnerable participants.
From Siobhan, whose son James- a proudly autislic young person wrth an EHCP- had never teen able to
sustain participation in any group activity..
"Podcasting has been the highlight ofjames, week. We have tried numerous 8fter-
school activities andjames has never been 8ble to sustain participation in a group
8Ctivity. Most importantly, the wayyou have facilitated his inclusion from the start and
harnessed his creativity and expression. Being included, being supported, being valued
8nd beinga part ofa community can have profoundly significant implications. Nevor
underestimate the impactyourzany madcap hijinks have on the people who experience
theml"
Siobhan, parent
This is what inclusion looks like in practice.. not a policy or a statement, but a Monday aftemoon where a child
belongs.
13

OUR IMPAcf: THE EVIDENCE
We believe the Injesl measure of our impact is the young person who comes back. But we also track it, session
by session, through our participant datsbase. and what we are finding confirms what we see in every room we
work in.
From over 400 participant feedback responsos collected this year across our primary and secondary
programmes..
What we asked
Rated 4 or 515
Rated 515
you enjoy the workshop.
98%
92%
940
Do you fed more eonfident in your writing.
82°
Do you enjoy writing7
80%
700/0
Would you like lo do more workshops wth us?
8ased on 2CQ responses from partiopant feeilback forms. May 2025- April 2026. Ratings on 8 1-5 sc819. Total datbb&88 cont8ins 402
fe&dback records.
98%
960
In their own words, children described the workshops as. the best day ever, it was fun, il was ridiculous, it was
outrageous, and '1 learned not to be scared of what I write down., One child wrote- '1 want to do the writing all
day, not just until lunch!,
kli 4dlh
14

OTHER HIGHLIGHTS
Bankfe5t
Bankfesl remains unique. It is not a literary festival and not a festival for those with th8 cultural confidenc8 or
money to allend. 11 has lo¢￿1, young people al its heart and brings them to listen to, meet and write with
professionals who make their living with words. Schools know their pupils best and so they choose who to attend,
ensuring that Bankfest can have maximum impact for those young people who experience socio-economic
povety, face learning challenges or simply need lo know that being good with words has value. Main stage
inlerviews demystify the paths to careers and create opportunities for new thinking about education choices and
futures. Workshops provide the chance to try out what advertisers, lyricists or human rights lawyers & others do
with their words. meaning that opportunities for connections, even work experience grow.
There were two key changes from last year. Firstly, the event moved to Weymouth (to the Pavilion, a CICI and
secondly, The Allantic School (from Portlandl was invited to attend. Both developments reflect the aims of The
Bank of Dreams & Nightmares, particularly that of providing opportunities to those mosl in need. Bankfesl
subsequently becarne part of the ￿lebratiOn of Weymouth & Portland as Towns of Culture and recewed a small
grant as a result.
WDRD
POWER
CPD for Teachers
Our CPD offer for teachers continued this year, most nolably al Beaminster St Mary's. By training teachers we
multiply our reach.. creativity does not have lo stop when our sessions end.
"When it comes to sparkingjoyfrom the children reg8rding their writing. sometimes that
joycan get a bit lostandforgotten about. Ithinkits been useful forme andthem to be
remindedabouthowwritingissupposedto be fun. A childh8S justspent the weekend
writing her own story. I don't think that would have happened had it not been for the
B8nk of Dreams andNightmares."
Cla$$ teacher
15

Internatlonal Confernnc•. Sto&holm
In July 2025 we travelled to Slockholm for the Inlemational gathering of children's writing organisalions, one of
the highlights of our year. Being part of this woddwide community is a reminder that the work we do here in
Dorset belongs to something larger.. a shared bel￿f in the power of young people's voices.
11 I I,_.
New Outrnach Coordlnator
In March 2026 we welcomed Alani Cook as Outreach Coordinalor, a new role that will deepen our community
engagement and ensure we continue to reach the young people who need us most.
16

STRATEGIC REPORT
What We Sald We Would Do and What We Dld
The table below sets out the key commitments made in our 2024125 rekx)rt and the progress made against
them during the year.
Area
Comm4tment made 2024125
Outcome 2025126
Primary
Progresslon
Deliver first full trial year of the
Progression Model with Radipole.
Mounlloy and Beaminsler St Mary's
Completed in full. All three schools
delivered sequenced programmes.
Chapbooks an¢J anthologi&s
produced at each school. Year 2
planning underway.
Secondary Schools
Deliver new secondary anthO￿gleS
and pursue multi-year funding
Unexpected Tales ICoWoxl and On
Pc4f(ics and Potatoes (Axe Valley)
launch￿. Three-year Arts Council
England grant secured. Wadham
delivery commenced.
All three clubs contlnued. The Vault
reached Issue 10. Writers, AccoLtnt
performed publicly. Podcasting Club
sustsined wth positive outcomes for
SEND participants.
After School Clubs
Sustsin all three clubs,. recruit to fill
capaaty
Partlclpant
Databas•
Roll out rlew tracking system across
all programme strands
System 0￿ratiOnal,. 402+ feedback
records collected In 2025126.
Evaluation framework in
development ￿th Ullwersity of
Exeter.
Flnan¢lal Re6lllence Maintain balanced budget- begin
div9rsifying income
Surplus of £17.349 achleved.
Reserves Policy adoptèd. Strategic
Financial Roadmap 202￿29
agreed. Core income gap of £9,538
remains a prionty.
Mani Cook appointed as Outreach
Coordinator, March 2026.
Staffing
Assess need for outreach capac4ty
Prlorltles for 2026-27
Begin the second year of the Primary Progression Model with all three partner schools, incorporating leaming
from year one.
Continue secondary delivery at Wadham and Axe Valley Academy, contributing to the University of Exeter
research study.
Launch the monthly giving campaign to begin closing the core income gap.
Recruit at least two new Irustees wrth fundraising and finance expertise.
Complete the Theory of Change evalu81ion cycle and ￿port impact data systematically for the first time.
17

Prfnclpal Rlsks
The Board regularly reviews risk. The principal risks identrfied are- fvnding instsbility lover-reliance on restricted
grant incA)me. core income gap. cash flow sensilivily}, safeguarding Imitigaled through policy, training and DBS
checks for all staff and volunteers}, operational capacity Imitigaled through staff planning and volunteer pipeline),
and governance Itrustee recruitment actively underway).
Our reserves currently stand below the £27,000 target. The Board has agreed a three-year roadmap lo address
this. with specific annual milestones. Until the target is reached, the charity's res11ien￿ lo unexpecled income
shocks remains limited and the Board monitors this closely.
IN CONCLUSION
As we complete our fifth year, we are proud of what we have built and clear-eyed about what remains to do.
We have the three-year Arts Council commitment for secondary schools. We have the first year of our
Progression Model under our belts. We have after-school clubs that are changing lives. We have a surplus. We
have a new Outreach Coordinator. Wo have young people heading lo university. winning mental health awards
and coming back to volunteer.
We also have a financial structure that needs strengthening. Our core costs still exceed our core income, and
our reliance on grant funding carries risk. The Strategic Financial Roadmap we have developed sets out a clear
path toward greater resilience.
But above all, we have this.. children across Dorset who are writing, imagining and sharing their stories beoxuse
of what we do. The young person who On￿ thought writing was nol for someone like them is now a pub5ished
author. The parent who feared for their child's future watched them walk onlo a stage and perfomi their own
words to a room full of strangers. The child who drew a tiny, uncertain self-portrail at the start of the year filled
Ihe page with a beaming smile by the end.
If I can do this what else can I do?
We are profoundly grateful to Arts Council England. St James's Place Foundation, Garfield Weston Foundation,
JJ Sainsbury Foundation, The National lottery Reaching Communities, The Foyle Foundation. The Nornan
Family trust. The Angus Lawson Memorial Trust. The Allen Lane Foundation, The D'oyly Carte Charitable
Foundation, GF Smith Foundation, Alice Ellen Cooper Dean Foundation. J Van Mars Foundation, The Thistle
Trust, The Stanley Grundy Foundation. Hays Travel Foundation, and all OLtr individual supporters.
Nick Goldsmllh
Founder l Director, The Bank of D￿arn$ & Nightmares
18

Financial Review
Financial Position
Total income for the year to 30 April 2026 was £160.883 {2025.' £144,349). Total expenditure was £170,547
(2025- £171,446), resulting in a net deficit for the year of £9.664 {2025= £27,097).
Al the year end, total funds slood al £36,15712025- £45,821), comprising unrestncled fLbnds of £25,587 (2025..
£18,458) and restricted funds of £10.57012025: £27,363).
The trustees recognise that the charity operated at a deficit during the year. This reflects planned investment in
staffing and programme delivery as the organisation continued to develop its long-term programmes and
increase its reach across Dorsel. Income increased during the year and unrestricted reserves strengthened,
providing a rn0￿ resilient financial position than in the previous year. The trustees are encouraged by the
successful securing of multi-year funding commitments during the year, which provide increased stability and
confidence in the charity's ability to continue delivering its charitable objectives.
Reserves Policy
The charity's reserves policy is to maintain unrestricted reserves equivalent to approximately three months of
operating expendrture. The purpose of these reserves is to provide financial stability, manage cash flow
fluctuations, respond to unexpected events, and allow Ihe charity to continue supporting children and young
people during periods of uncertainty.
At 30 April 2026, unrestricted ￿SerVeS stood at £25,587. While this remains below the charity's long-term target,
the trustees are pleased to report an increase in unrestricted reserves during the year and remain committed to
strengthening the charity's financial resilience over time.
The trustees review reserves regularly alongside cash flow forecasts, funding pipelines, and operational
requirements. Given the charity's current financi81 position, secured funding commitments. and aclive
fundraising programme, the trustees are satisfied that the organisation remains finar*cially sustainable and able
to meet its obligations as they fall due.
The charity operates robust financial rxjntrols. The majority of grant funding reeEived is restricted to specrfic
actlvilies or projects, and expenditure is monitored againsl funding agreements. Trustees re￿￿le regular
financial reports and review income, expenditure, cash flow, and funding applications throughout the year.
As with many charities, the principal financial risk remains the availability of future fvnding. The truslees continue
to mitigate this risk through a diversified fundraising strategy. the development of long-temi funding relationships.
and careful management of expenditure.
Going Concorn
The Board of Trustees is satisfied the Charity can continue as a going concem.
Risk management and internal control
"Risk." as our risk slffttegy says, "is an inevitable part of what we do
indeed. taking risks is something we
encourage our young participants to do." The principle risks identified are around Safeguarding. FinancEs
(inadequate fundraising and in(X)me generation. inadequate reserves. cash flow sensitivities) and Pandemic.
The Charity followed its Safeguarding Policy which all new staff, freelance workers and volunteers a￿ given
training on. We are about to employ a fundraising manager for one day a week for an initial 8 weeks to draw up
and submit applications for funding.
The Board has overall responsibility for ensuring that the Charrty has a system of internal control. Such a system
of control can provide only reasonable and not absolute assurance against errors or fraud. The controls include
a delegation of the authority of the Board of Trustees through lo the Director lo manage the day-lo-day business.
Controls safeguard The Bank of Dreams & Nightmares assets and maintsin the integrity of accounting controls.
Investmenl pollcy
The Charity's policy is to maintain all its liquid resources in interest bearing, instant access accounts at
competitive rates available in the market.
19

Structure, Governance and Management
Governlng Do¢ument
Board of Trust•es and organisational $lru¢ture
The names of trustees who served during the year are set out in this document. The Board is responsible for
the oversight of the management of all the affairs of The Bank of D￿am$ & Nightmares. They are subjecl to
retirement by rotslion and election or re-election in accordance with procedures set out in the Charity's Articles
of Association, which is Its governing document. The Board ensures that all activities are wlthin the agreed
charitable objectives. The Board's work includes setting the strategic direction, reviewing risk, and agreeing the
financial plan. It meels quarlerly, the principal purpose of which is to feview the development of the Charity and
ensure il meets ils financial targets. At present the Charity employs two full time staff - Director and Cfeative
learning manager and Iwo part-time slaff - Volunteer Manager and Outreach Cordinator and 1 freelance
workshop leaders.
Governance
The governance of the Charity is undertaken by the Board of Trustees al its quaTterty meetings. Al these
meetings, the Board of Trustees fulfils its legal, ethical, and fvnclional responsibilities through adequate
governance policy development, rnoniloring of charity activities. and the evaluation of the effectiveness of Board
performan(E.
Volunteers
We remain incredibly grateful to our volunteer mentors, whose support conlinues to play a vital role in the
charity's work with children and young people. During the year we welcomed 12 new volunteers and conlinued
lo strengthen our mentor community- Volunteer recruitment remains an ongoing priority as the tharily grows,
wilh a particular focus on Weymouth as we expand our activities in the town.
The Board
Following the departure of Ellie Shaman and Niki M¢Cretton during the year. the Board currently comprises five
trustees. The Injstees would like to thank ￿th Ellie and Niki for their contribution to the development of the
charily.
The Board is currently undertaking 8 ￿crUItMent campaign to attract additional trustees with a range of skills
and experience to support the charity's conlinued growth. st￿ngthening the Board remains a key priority as the
organisalh)n develops its programmes and expands its reach across Dorset.
20

Statement of Trustees. Responsibilities
The trustees are responsible for preparing the Trustees, Report and the financial ststements in accordance wilh
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepled Accounting
Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for
each financial year which give a true and fair view of the state of affairs of the charity and of ihe incoming
resources and application of resources of the charity for that period. In p￿paring the financial statements the
Iruslees are required to..
select suitable accounting policies and then apply them consistently.,
obsetve the methods and principles in the Charity SORP-
make judgments and accounting estimates that are reasonable and prudent., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charty will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy
at anytime the financial position of the charity and to enable them lo ensure that the accounts comply wilh the
Charities Act 2011, the Charities (Accounts and Reports} ReguL8lions 2008 and the provisions of the trust deed.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for
the prevenlion and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charity's website. Legislation in the United Kingdorn goveming the preparation and
dissemination of financial statements may differ from legisktion in other jurisdictions.
The trustees, report was approved by the t￿ard of trustees and svJned on its behalf by:
Mr M Smith
Chair of Truslees
Date
21

Independent Examinerfs Report to the Trustees of The Bank of
Dreams and Nightmares
I report to the trustees on my examination of the accounts of The Bank of Dreams and Nightmares {the Charity}
for the year ended 30 April 2026.
Responslbllltles and Basls of Report
As the charity trustees of the Charily you are responsible for Ihe preparation of the accounts in accordance with
the requirements of the Charities Act 2011 {Ihe Acri.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under
section 14515llbl of the Act.
Independent Examiner's Statement
I have completed my examination. I confinn that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
accounling records were not kept in respect of the Charity as required by section 130 of Ihe Act., or
2. the acwunls do nol accord with those records; or
3. the accounts do nol comply with the applicable requirements concerning the forn and contents of
accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair view, which is not a malter considered as part of an independent
exarnination.
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts lo be reached.
Mr M.J. Cridland B.A. (Honsl F.C.A.
Scott Vevers Ltd
Chartered Accountants & Registered Auditors
65 East Street
Bridport
Dorset
DT6 3LB

THE BANK OF DREAMS AND NIGHTMARES
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND
EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 APRIL 2026
2026
Total
2025
Total
funds
Unrestricted Restricted
funds
funds
funds
Notès
INCOME AND ENDOWMENTS FROM:
Donations and legacies
82,581
78,167
160,748
143,550
Charitable activities
135
135
799
Total Income
82,716
78.167
160,883
144,349
EXPENDITURE ON:
Cost of raising funds
1,909
2,000
3.909
3,032
Charitable aclivilies
72,962
93,676
166,638
168,414
Total exponditur•
74,871
95,676
170,547
171,446
Net income
7.845
117.509)
(9,6641
(27,0971
Gross transfers between funds
{716)
716
Net Movement in Funds for the year
7,129
116,793}
(9.6641
(27,0971
Total funds:
Brought forward
18.458
27,363
45,821
72.918
Carried forward
25,587
10,570
36,157
45,821
All amounts derive from Continuing activities.
All gains and losses recognised in the period are included in the statement of financial activities.
The notes on pages 25 to 34 form part of these financial statements
23

THE BANK OF DREAMS AND NIGHTMARES
STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2026
2026
2025
Notes
Fixed assets
Tangible assets
3,000
3,500
Current assets
Debtors
Cash at bank and in hand
12
4,203
31,308
35,511
4.334
40,492
44,826
Creditors:
Arnounls falling due within one year
13
2,354
2,505
Net currerrt assets
33,157
42,321
Net assets
36.157
45,821
Funds
Restricted funds
Unreslricted funds
Total funds
14
14
10,570
25,587
36,157
27.363
18,458
45.821
The financial statements were approved by the Trustees on
3> J￿¢....&.2
Mr. M. Smith - Chair of Trustees
The notes on pages 25 to 34 form part of these financial statements
24

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
1 General information
The Bank of Dreams and Nightmares is a charitable incorporated organisation (CIO) that was
registered with the Charity Commission on 30th April 2021. Its registered number is 1194307.
The principal office place of operation is at Bridport LSI, 51 East Slreet. Bridport, DT6 3JX.
Its principal objective is to offer 8 creative wrib'ng centre for children aged between 7 and 18 years old.
Working on the principle that creative writing can change lives, and by creating an environment that
allows children to explore the possibilities can have transformative resulls.
2 A¢¢ountlng pollcles
Statoment of compllance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued
In October 2019 (Charity SORP IFRS 102)). the Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland (FRS 102), the Charities Acl 2011 and UK Generally Accepted
Accounting Practice.
Basts of preparation of the flnancial statements
The Bank of Dreams and Nightmares meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise
staled in Ihe relevant accounting policy notes. The char¢ty ￿nStItUteS a public benefit entity as defined
by FRS 102.
Accounting Convention
The trustees consider that there are no material uncertainties about the CIO'S ability to continue as a
90ing concern.
Income and endowments
Incoming resources and resources expended on activities in furtherance of the charity's objectives
report the income and expenditure relating to the festival that has been organised in the year.
Where income is subject to a condrtion, Ihat income will be included when the trustees are satisfied
that the condition has been met.
other incoming resources. and other resources expended are recognised in the year of account to
which they relate or according to the date of the legal or constructive obligation.
Expendiluro
Expenditure is recognised once ther6 is a legal or constructive obligation to transfer econornic benefit
to a third party, il is probable that a transfer of economic benefits will be required in settlement and the
amounl of the obligalion can be measured reliably. Expenditure is classified by activity. The costs of
each activity are made up of direct costs and no costs are shared. All expenditure is inclusive of
irrecoverable V.A.T.
Expenditure on charilable aclivilies is expenditure incurred on directly undertaking the operalions of
the company together with costs incurred in support of that expenditure. Where appropriate, support
costs are apportioned belween charilable expenditure and govemance costs.
25

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
2 A¢counting policios (continued)
Support costs
Support costs include central fijnctions and have been allocated to activty cost categorSes on a basis
consistent wth the use of resources, for example, allocating property costs by floor arèas, or per
capita, staff costs by the time spent and other costs by their usage.
Goveman¢e Costs
These include the costs attfibutable to the charity's compliance with conslilutional and statutory
requirements. including audit, strategic management and Iruslees, meetings and reimbursed
expenses.
Taxatlon
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore il meets the definition of a charitable company for UK corporation tax purposes.
Aocordingly. the charity is potentially exempt from taxation in respect of income or capital gains
received within categories ¢overed by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such Income or gains are applied
exclusively lo charitable purposes.
Tangible fixed assets
Tangible fixed assets under the cost model are stated as historical cost less accumulated depreciation
and any accumulated impairment losses. Historical cost includes expenditure that is directly attributed
to bringing the asset to the location and condition necessary for it to be capable of operating in the
manner intended by management.
At each reporting date the charity assesses whether there is any indication of impaiment. If such
indication exists, the recoverable amount of the asset is determined which is the higher of its fair value
less costs lo sell and ils value in use. An impairment loss is recognised where the carrying amount
exceeds the recoverable arnount.
Depreciation is charged so as to allocate the cost of assets less their residual value over their
estimated useful lives, using the slraight-line method.
Equipment
Motor vehicles
25Yo per annum
1010 per annum
The assets, residual values. useful lives and depreciation methods are reviewed, and adjusted
prospectively if appropriate, or if there is an indication of a significant change since the last reporting
date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount
and are recognised in the Slalement of Financial Activities.
Debtors
Short lerm debtors are measured at transaction price, less any impaiment. Loans receivable are
measured initially al fair value, net of transaction costs, and are measured subsequently at amortised
cost using the effective interesl method, less any impairment. Prepayments are valued at the amount
prepaid net of any trade discounts due.
26

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30
APRIL 2026
2 Accounting poli¢i¢s {¢ontinued)
Cash and cash equivalents
Cash is represented by cash in hand and deposits wrth financial institutions repayable without
penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments
that mature in no more than three months from the dale of acquisition and that are readily
convertible to known amounts of cash with insignificant risk of change in value.
Credltors
Liabilities are recognised when there is an obligation al the Balance sheet date as a ￿ sult of a
past event, it is probable that a transfer of economic benefit wll be required in settlement, and
the amount of the settlement can be estimaled reliably.
Liabilities are recognised at the amount that the charity antlClP8tes il will pay to settle the debt
or the amount it has received as advanced payments for the goods or setvices it must
Fund slru¢ture
General funds are unrestricted funds which are available for the use at the discretion of the
Trustees in furtherance of the general objectives of the charity and which have nol been
designed for other purposes.
Restricled funds are funds ￿lch 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 sel out in the notes to the financial slalements.
Government and local authorlty grants
Governmenl grants are recognised based on the accrual model and are measured at the fair
value of Ihe asset received or receivable. Grants are classified as relating either to revenue or
to assets. Grants relating to revenue are recognised in income over the period in which Ihe
related costs are recognised. Grants relating to assets are recognised over the expecled
useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised
as deferred income.
Investmonl in¢ome
Interest income is recognised in Income. using the effective interest method.
Pensions
The charity operales a defined contribution pension scheme. Conlributions are charged lo the
Statement of Financial Activities as they become payable in accordance with the rules of the
scheme.
Flnanclal Instruments
Glassificalion
Financial assets and financial liabilities are recognised when the charity becomes a party to
the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangement entered into. An equity instrumenl is any contract that evidences a
residual interest in the assets of the charity after deducting all of its liabilities.
27

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
2 kcounllng poll¢los (contlnuedl
Flnanclal Instruments
Recognition and measurement
All financial assets and liabilities are inrtially measured at transaction price (including transaction cosls),
except for those f1llancial assels classified as al fair value through profit or loss. which are initially
measured at fair value Iwhich is normally the Iransaction price excluding transaction costs). unless the
arrangement constitutes a financing transactions. If an arrangement constitutes a financing
transaction. the financial asset or financial liability is measured at the present value of the future
payments discounted at a market rale of interest for similar debt instruments.
Financial assets and liabilities are only offset in the statement of financial position when, and only when
there exists a legally enforceable right to set off the recognised amounts and Ihe charrty inlends either
lo settle on a net basis, or to realise the asset and settle the liabilily simultaneously.
Financial assets are derecognised when and only when al the contractual rights to the cash flows from
the financial asset expire or are settled. bl the charity transfers to another party subslanlially all of the
risks and rewards of ownership of the financial asset, or cl the charity, despite having retained some.
bul not all, significant risks and rewards of ownership, has transferred wntrol of the asset to another
paty.
Financial liabililies are derecognised only when Ihe obligation spe¢rfied in the contract is discharged,
cancelled or expires.
3 Donallons and lega¢les
Unrestrlctod funds
2026
2025
Rostrlcted funds
2026
2025
Total funds
2026
2025
Donations for school
workshops
General donations
Grants received
16,020
7,850
16,020
7,850
32,747
33,814
82,581
13,241
42,544
63,635
32,747
111,981
160,748
13,241
122,459
143,550
78.167
78,167
79,915
79,915
4 Income from charitable activities
Unrostrlcted funds
2026
2025
Restricted funds
2026
2025
Total funds
2026
2025
tivity
Sales and newspaper
subscriptions
135
799
135
799
135
799
135
799
28

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
5 Cosl of raising funds
Unroslrictod funds
2026
2025
Restricted funds
2026
2025
Totsl funds
2026
2025
Web hosting
promolion
Fundraising ¢onsultant
1.108
801
821
395
1,108
801
2,000
3,909
821
2,211
1,816
2,000
2,000
1.909
1,216
1,816
3,032
6 Charltable aclSvltles expendlture
Unr¢strl¢ted funds
2026
2025
Restricted funds
2026
2025
Total funds
2026
2025
staff costs (note 91
Direcl costs
Support costs
Govemance costs
53,234
15,046
3,062
1,620
72,962
69.936
15,229
1,601
1,554
88,320
39,218
54.349
109
21,251
56.010
2.833
92,452
69,395
3,171
1,620
166,638
91,187
71,239
4,434
1,554
168,414
80,094
Dlrect costs
Illustrators, designers
and subcontractors
Workshop leaders
Accommodation, meals
and entertaining
Rent
Materials
Printing
Stationery
Postage
Computer and software
Motor expenses
Travel
Consultancy
17,806
19,334
17,806
19.334
13,755
18.543
13,755
18,543
1,718
1.771
2,910
4,417
4.628
6,188
2,727
4.025
234
920
26
94
3.992
206
3,961
7,186
978
5,321
4,945
2,974
2.025
1,596
241
69
344
1.022
500
56.010
9,913
978
7,884
974
322
3,917
79
8,176
963
69,395
8,970
3,208
2,945
1.622
335
4,061
550
4,983
500
71,239
2,563
974
62
2,667
260
1,250
79
4,804
3,372
963
15.046
15,229
54,349
29

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
6 Charitable activities expenditure {continuedl
Unrestrlcted funds
2026
2025
Restrlclèd funds
2026
2025
Totsl funds
2026
2025
Support costs
Office supplies
Subscriptions
Staff and volunteer
training
Insurance
Sundries
Depreciation
Bank charges
Legal and professional
fees
1,253
1,917
1,253
1,917
274
274
288
187
60
288
247
304
349
500
208
640
304
458
500
208
640
597
500
109
597
500
160
259
160
259
3.062
1,601
109
2,833
3,171
4,434
Governance costs
Independent examination
1.620
1,554
1,620
1,554
1.620
1,554
1.620
1,554
7 Net Income l (Expendlture)
The net expendiiure is staled after chargingl{creditingl:
2026
2025
Depreciation of tangible fixed assets
Independent examination of the financial statements
500
1,620
500
1,554
8 Trustees remuneratlon and expenses
No trustee, nor any persons Connected with Ihem, have received any remuneration from the charity
during the period.
No trustee has ￿ceiVed any reimbursed expenses from the charity during the year.
9 Staff costs
The slaff costs were..
2026
2025
Wages and salaries
Social security costs
Pension costs
89,g45
552
1,955
92,452
86,305
3,078
1,804
91,187
No employee earned more than £60.000 during the year.
Average number of employees during the year was.. 4 {2025.' 3)
30

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
10 Pension comrnitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the charity in an independently administered fund.
During the year the charge to Ihe stalement of financial activities in respect of defined contributions
schemes was £1.955 {2025: £1,804).
At the statement of financial position date contributions of £nil were due to the fund and are includ8d in
creditors.
11 Tanglble flxed assets
Motor vohi¢1os
Totsl
Cost
At 1 May 2025
At 30 April 2026
5,000
5.000
5,000
5,000
Depreclatlon:
At 1 May 2025
Charge for the y6ar
At 30 April 2026
1,500
500
2,000
1.500
500
2.000
Nel amount:
At 30 April 2026
At 30 April 2025
3,000
3.500
3.000
3.500
12 Debtors
2026
2025
Debtors
Other debtors
Prepayments
999
1,280
1,924
4.203
1,999
411
1.924
4,334
13 Credltor$: amounts falling due within one year
2026
2025
Other creditors and a¢cruals
2,354
2,354
2,505
2,505
31

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
14 Funds
Balance al
30 Aprll
2026
Balance at
1 May 2025
Incoming Resources
resourcgs
gxpondod Transfers
Restrlcted ￿ndS
Creative writing workshop to
create a newspaper
Newspaper Issue 008
Songbank
Bankfest
Progressions
The Writers, Account
Resonate
Story making delivery
Photography
Secondary school work
After school clubs
1,031
(1,0311
96
4.000
3,412
10.514
6,354
(961
{4,0001
(20.2641
(30,0281
{6,3541
19631
16.500
23.872
352
4.358
7.000
6.037
{364}
2,320
364
(2.3201
(2,0001
128,6201
95.676
2,000
28,795
78,167
175
10.570
27,363
716
Unr•slri¢tod funds:
General fund
18,458
18,458
82,716
82,716
174.8711
174,8711
17161
716
25,587
25,587
Total funds
45.821
160.883
1170.547)
36.157
32

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
14 Funds (continued)
Balan¢e at
30 Aprli
2025
Balance at
l May 2024
Incoming Resources
rn$ou￿Os
expended
2025
Restricted funds
Creative writing workshop to
create a newspaper
Newspaper Issue 008
CORE delivery
Songbank
Bankfest 2024
Bankfest 2025
Progressions
The Writers, Account
Resonate
Story making delivery
Sketch comedy workshop
Photography
CDROB
Transfers
3,883
(2,852)
1,031
3,000
(2,904)
96
5,000
183
(5,OOOJ
218.00
4,000
12,350
6,500
25.200
10.000
3,000
8.265
(401)
(t2.059)
(3,088)
(14.686)
(3,646)
(4,958)
(t5,410)
(250J
(6. 780)
(14,876)
(8t,910)
4,000
(291)
3,412
10,514
6,354
1,958
6,781
4.010
6, 500
10,050
36,407
(364)
(3, 760)
2,600
5.000
79,915
2,320
(174)
(7,049)
27,363
Unrestricted funds..
General fund
36,511
36,511
64,434
64,434
(89,536)
(89,536)
7,049
7,049
18,458
18,458
Total funds
72,918
144,349
(171,446)
45,821
33

THE BANK OF DREAMS AND NIGHTMARES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL
2026
15 Analysis of net assets between funds
Unrestrlcted Restricted
funds
funds
Total funds
Fixed assets
Current assets
Current liabilities
3,000
24,941
12,3541
25.587
3.000
35,511
12.3541
36,157
10.570
10,570
Unrestrlcted Restrlcted
funds
funds
2025
Total funds
Fixed assets
Gurrent assets
Current liabiliti8s
3,500
17,463
2,505
18.458
3,500
44,826
2.505
45,821
2T,363
27.363
16 Financial in$trumonts
2026
2025
Categorisation of financial instruments..
Financial assets that are debt instrument measured at amortised cost
33,587
42,902
Financial liabilities measured at amortised cosl
2,354
2,505
17 Rolaled party tran$a¢tlons
There have been no related party transactions in the reporting period that require disclosure.