2021-03-31-accounts - Dreams Come True Charity

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		Contents
Reference and Administrative		Details	1-2
Chair's foreword			3-4
Trustees' Report			5 - 21
Statement ofTrustees'	Responsibilihes		22
IndependentAuditors'	Report		23-26
Statement of F inane at	Activities		27-28
Balance Sheet
Statement ofCash Flows			30
hlotes to the Financial	Statements		31-45

Charity Registration	800248
Scottish Charity Regulatar
(OSCR)	SC043878
Solicitors	Bates, Wells 8 Braithwaite		London	LLP
	2-6Cannon	Street
	Landon
	EC4M BYH
Bankers	Lloyds Bank
	5 The Square
	Petersfield
	Hampshire
	GU32 3HL
Auditors	Azets Audit	Services Limited
	Ashcombe	Court
	Woolsack Way
	Godalming
	Surrey
	GU7 1LQ


A	Linares (Incoming	Chair —11.09.20)
D	Weeks (Chair)
M	Abraham-Thwaites	(retired 30.10.20)
A	Challis
P	Cryer (retired 30	1020)
S	Foster
R	Humphrey
M	McArlhur
P	Leoni Sceti
A	Post
N	Smith (appointed	611.20)
N	Taqi-Eddin
A	Vaughan

A	Challis —Chair
M	Abraham-Thwailes	(retired —30.1020)
A	Post
N	Smith (appointed	6.11.20)

co	nsists of the following Trustees:	g
		Attendance	Out of possible
A	Challis (Chair)	8	8
P	Cryer (retired —30.10.20)	6	6
M	McArlhur	8	8
O	Weeks
S	Linares

				Unrestricted	Restricted	Restricted	Restricted	Tots I
				Funds	Funds			2021
			Note	8		8		E
triseme and Expenditure		from:
Donations and legacies orna				405,338				405.338
Fundraising campaign	income			65,250	350,644			4'l5.894
Trading acgvities				85,561				85,581
Grant income				31,515				31,515
Investment income				14				14
Totalinc				587,678	350,64il			938,322
Expenditure on:
Raising funds				(327,792)	(44,		587)	(372,379)
Charitable activities				29 528	2	1	584	590 112
Total Expenditure				26 2	336		171	982491
Net (expenditure)/income				(38,642)		14,473		(24,t69)
Transfers between funds			18	3755		3755
Net movement in funds				(42,397i		18,228		(24,169)
Reconciliation offunds
Total funds brought	forward			378953	241		372	20 325
Total funds carried	forward		18	336556	2		6	596 156

				Unrestricted	Restricted	Total
				Funds	Funds	2020
			Note	8	8	8
Income and Expenditure		from:
Oo nations and legacies				804.988		804,988
Fundraising campaign	income			196,969	377,115	574,084
Trading activities				357,273		357,273
Other income
Investment income				22		22
Tote I income				1,359,252	377.115	1,736,367
Expenditure on:
Raising funds				(485,155)	(52,454)	(537.609)
Charitable activities				607 1 1D	329851	61
Total Expenditure				1 092 285	382305	1 474 570
hist (expenditure)lincome				266987	5 190	261 797
Net movement in funds				266,987	(5,190)	261,797
Reconciliation offunds
Total funds brought	forward			111966	246 562	58 2
Total funds carried forward			18	378953	241 372	620 32

				2021		2020
				8		8
			Note
Fixed Assets
Tangible Assets			13	8,173		11,475
investments			14		2	2
				8,175		11.47'7
Current Assets
Debtors			15	248,414		158,103
Cash at bank and in hand				497	371	586287
				745,785		744,390
Creditors amounts	falling	due within one	16
Year				~167	804)	(~135642
Net current assets				587	981	608 848
Total Assets less Current		Liabilities				~820 325
Funds ofthe Charity:
Restricted funds			18	259,600		241,372
Unrestricted funds			19	336	556	378953
Total Funds				~596	156	620 325

			2021	2020
			E	E
		blots
Cash flows from operating activities
Net cash (expend aura) /income			(24,169)	281,797
Adjustments to cash flows from non-cash		items
Depreciation Loss on disposal of fixed assets		13 9	4,035 697	3,496
Investment income		5	14	22
			(19,451)	265,27'I
Working capital adjustments
Increase in debtors		15	(90,311)	l3B,700)
Increase in creditors		1B	22 282	2 410
Net cash flows from operating	activities		87500	226 161
Cash itows from investing acbvities		5	14	22
Purchase of tangible fixed assets		13	1 430	12 312
Net cash flows from investing activities			1416	122
Nat (decrease)/increase in cash and cash equivalents			(88,918)	213,871
Cash and cash equivalents at 1 April 2020			287	72416
Cash and cash equivalents at 31	March 2021		497 371	588287

			Total	Tots I
			2021f	2020 8
Donations	and	Legacies:
Corporate	Do nab	one	43,772	211,984
Gifts in Kind			12,000	126,766
Other discounted Legacies		services	37,954 3~112 ~3	70,815 ~42 $04988

		Unrestricted
		Funds	Total	Total
		General	2021	2020
		8	E	E
Fundrai Running	sing events income: and endurance events	59,404	59.404	177.734
Walking	events	13,360	13.360	92.764
Golf Days				13,442
Skydive Silicon	s Cup	75 8,593	75 5,593	'I4,485 30,026
Ice Hockey Events		1,593	1.593	'I2.233
Dreams	Come True Scotland
Dreams	Come True London		2536	16589
			85 581	357273

		Note	2021	2020
			6	2
Direct Event oasis			26,398	118,993
Dreams Carne True Scotland				7,402
Direct Corporate	partnerships		52,625	28,937
Direct fundraising	salary costs		129,433	193,293
Allocated Support	costs	8	2	18 984
			72 79	537609

7 Expendaure on charitable ac	tivities
	Direct costs	Support costs		Total	Total
		(see note 8)		2021	2020
				6
Cost of fulfillfng dreams
Group tdips					114,975
Swimming with dolphins					485
UK holidays	3,654		3,338	6,992	35,228
Europe holidays	325		297	622	82,650
Worldwide holidays Equipment dreams Celebdity meetings and other dreams	8,968 107,441 1.243		8,188 98,103 1,135	17,156 205,544 2,378	,194,743 124,038 15,001
Garden and bedroom makeovers	21,332		19,478	40,810
Harnleys dream day Disooun ted services	1,235		1,127	2.362	11,355 105,055
Staff costs	164262	149986		1424	2 4 1
	3084 0	2	1 2	112	936961

8 Sup	portco	sts
					Total	Tots I
			Fundraising f	Dreams f	2021f	2020f
Cost offulfilling		dreams
Staff casts			37,105	181,450	218,555	212,854
Insurance			7,112	7,112	14,224	15,350
Rent			11,129	11,129	22,258	41.080
Computer support Depreciation Loss on disposal G vernance		of fixed assets	16,975 2,421 699	11,316 1,615	28,291 4,036 699	26,271 3,497
hlarketing			30,035	28,852	58,887	92,620
Other costs			57,264	38,995	96,259	104,7S5
	costs		1 183	1 183	2 366	2084
			163923	281 652	445 5'76	498611

			2021f	2020f
Audit fees			9,900	7,500
Other non-audit	services		2,465	11,994
Loss an disposal	af fixed assets held for the charity's	awn use	697
Depreciation of	fixed assets		4 035	3496

11 Staff	costs	costs
The aggregate	payroll costs were as follows:
			2021	2020
				8
Staff costs during		the year were:
Wages and salaries			445,980	530,072
Socia!secu Sty	costs		47,805	58,384
Pension costs			20 149	23207
			513934	609663

Management	and	administration
Direct Charitable		Activities
Fundrai sing

2D21	2020
No.	No.
12	14

13 Tangible fixed assets
	Fixtures and Fittings f
Cost
At 1 April 2020	35,531
Additions	1,430
Dlsposals Al 31 March 2021	~I22 ~7
Depreelatfon
At 1 April 2D20	24,056
Charge for the year	4,D35
Elimination on disposals	~528
At 31 March 2021	27 563
Net book value
At 31 March 2021	8173
At 31 March 2020	11475

Undertaking		Country	of	Holding	Proportion	Proportion	of	Principal
		Incorporation			voting	rights
					and shares		held
Subsidiary	undertakings
Dreams Game			UK	Ordinary	100%			Dormant
True Services		Ltd
(02496422)

15	Debtors
			2021	2D20
			2
Legacies received after year end				1D,DDD
Prepay	ments		6D,580	81,413
Other	debtors			21
			95,414	113,1D3
Legacies anticipated		but not received	153000	45000
			248 414	158 1D3

16 Credit	ors: amounts fsging due within one	year
		2D21	2020
			8
Other taxation	and social security	14,776	18,863
Other creditors		112,323	56,941
Accruala		30705	59738
		157804	135542

		2021	2020
		6
Land and Buildings
Due within one year		30,720	30,720
Due between	one and five years	84480	1
		11 2	145920
		2021	2020
		f
Other operating leases
Due within one year		13,142	20,851
Due between	one and five years	2 540	50964
		45 682	71815

			As at1	Incoming	Resources	Transfers	As at
			April 2020	resources	expended	31 March
							2021
						6	5
Restricted funds
Kans and Kandy The Barneswood	Chariilable Charitable	Trust 'f rust	5,041 20	72,749	(34,192)	3,755	5,041 42,332
Bobell Foundation			4,404	5,000	(5,685)		3,720
George and Grace Hart Trust Fund			276				276
Big Lottery Fund	Scotland		7,140				7,140
Kentown Wizard	Foundation		203,068	271,000	(290,597)		175,740
Ray Grave0 & Friends Charitable
TNst			2,615				2,615
Childwick Trust			12,208		(4,117)		8,091
Frederick and Phyliss Cann		Trust	1,000				1,000
Bruce Wake Trust			2,100		(243)		1,857
The Boltini Trust			2,500				2,500
Foster Denovo				558			558
Horizons Marketing &Business
Development Birmingham HC fundraising				700 637	(700) (637)
The Borrows Chantable Trust			1 000
Total restricted	funds		241 372	350644	336171	3755	259 600

			Balance at 1	Incoming	Resources	Balance at
			April 2019	resources	expended	31 March
						2020
						6
Restricted funds
Kans and Kandy	Charitable	Trust	6,000	250	(1,209)	5,041
The Barn eswood	Charitable	Trust	19,062	14,865	(33,907)	20
The Sobell Foundation			3,994	5,000	(4,590)	4,404
George and Grace Hart Trust Fund			875		(599)	276
Big Lottery Fund	Scotland		7,140			7,140
Kentown Wizard	Foundation		175,167	347,000	(319,099)	203,068
Ray Gravell &Friends Charitable
Trust			4,000		(1,385)	2,615
HSBC Scotland			8,731		(8,731)
Hays Travel Foundation			3,295	3.400	(6,695)
Childwick Trust			15,000		(2,792)	12,208
The Edward Gostling Foundation
(formerly The Act	Foundation)		3,298		(3,298)
Frederick and Phyliss Cann		Trust		1,000		1,000
Bruce Wake Trust				2,100		2,100
The Boltini Trust				2,500		2,500
The Borrows Charitable Trust				1 000		1 000
Total restricted	funds		248 582	377115	382305	241 372

19	Analysis ofnet assets	between	funds
				Unrestricted
				Funds	Restricted	Total funds
				Generalf	Funds r.
Tangible	fixed assets			8,173		8,173
Fixed asset investments				2		2
Current	assets			486,185	259,600	745,785
Current	liabilities			157804		157 804
Total net assets				33655	259600	596 156
20	Analysis ofnet funds
		At	1 April 2020		Cash Flow	At 31 INarch
						2021
					f	f
Cash at	bank and in hand		586	287	88916	497 371
Net debt			586	287	88916	49737