ASPATRIA DREAMSCHEME LIMITED
Aspatria Dreamscheme is a Youth & Community Development Charity who deliver several different project in the heart of the town. We offer sessions for young people, vulnerable women, men in sheds, hobbyshare, a community food pantry and many other activities throughout the school holiday periods. We are soon to open our community kitchen and arts and craft center.
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £376,304, with unrestricted funds rising to £212,529. The trustees note that a revised reserves policy is being drafted, with an interim minimum target of £35,000, which is currently exceeded by the unrestricted reserves. The charity reports a net income increase and has reduced its short-term creditors significantly compared to the prior year.
What the accounts disclose
“Grants 56,949 65,197 122,146” — page 12
“A revised reserves policy is currently being drafted; in the interim a sum of £35,000 has been identified as the minimum figure to be maintained in the Charity's reserves.” — page 4
Funders the charity credits
Property (HM Land Registry)
Register events
- Received assets from another charity (15/11/2011)
Trustees
- Philomena Morleychair
- Barbara Wilson
- Nicola Myers
- Toni McRea
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £239k | £191k |
| 31/08/2024 | £209k | £173k |
| 31/08/2023 | £249k | £180k |
| 31/08/2022 | £202k | £136k |
| 31/08/2021 | £141k | £117k |
Common questions
Is ASPATRIA DREAMSCHEME LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that total net assets increased to £376,304, with unrestricted funds rising to £212,529. The trustees note that a revised reserves policy is being drafted, with an interim minimum target of £35,000, which is currently exceeded by the unrestricted reserves. The charity reports a net income increase and has reduced its short-term creditors significantly compared to the prior year. Its FY2025 accounts were independently examined.
Who funds ASPATRIA DREAMSCHEME LIMITED?
Funders whose own accounts filings name ASPATRIA DREAMSCHEME LIMITED as a grant recipient include FRANCIS C SCOTT CHARITABLE TRUST, THE HADFIELD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| FRANCIS C SCOTT CHARITABLE TRUST | FY2025 | £44k | |
| FRANCIS C SCOTT CHARITABLE TRUST | FY2021 | £42k | |
| FRANCIS C SCOTT CHARITABLE TRUST | FY2024 | £23k | |
| THE HADFIELD CHARITABLE TRUST | FY2024 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/10/2025 | £257k | Aspatria Dreamscheme |
| The National Lottery Community Fund | 10/10/2025 | £20k | Rainbow Room |
| The National Lottery Community Fund | 02/02/2024 | £20k | Rainbow Pantry |
| The National Lottery Community Fund | 16/09/2022 | £10k | Rainbow Pantry |
| The National Lottery Community Fund | 19/03/2021 | £10k | Rainbow Pantry |
| The National Lottery Community Fund | 14/06/2018 | £10k | Butterfly Club |
| The National Lottery Community Fund | 11/01/2017 | £8k | The Butterfly Club |
| The National Lottery Community Fund | 04/06/2014 | £10k | 'pictureYOUth' |
| The National Lottery Community Fund | 08/11/2012 | £10k | Dreamdancers |
| The National Lottery Community Fund | 20/10/2008 | £4k | Dreamscheme Cyber Cafe-after School Club |