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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|
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|Charity Registration|Number|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||||
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||||Attendance|Out of possible|
|---|---|---|---|---|
|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||||
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|A|Challis —Chair||
|---|---|---|
|M|Abraham-Thwailes|(retired —30.1020)|
|A|Post||
|N|Smith (appointed|6.11.20)|
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|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|||
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|||||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|
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|||||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|
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|||||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|
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||||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|
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||||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|
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||||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|
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|||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|
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|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|
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|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
L**o**ss 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|
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||||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|
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|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|
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|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|
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|Undertaking||Country|of|Holding|Proportion|Proportion|of|Principal|activity|
|---|---|---|---|---|---|---|---|---|---|
|||Incorporation|||voting|rights||||
||||||and shares||held|||
|Subsidiary|undertakings|||||||||
|Dreams Game|||UK|Ordinary|100%|||Dormant||
|True Services||Ltd||||||||
|(02496422)||||||||||
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|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|
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|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|
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|||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|
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||||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|
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||||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|
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|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|
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