Annual Report
Golddigger Trust
2023/4
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The
Refinery
A new home for Golddigger Trust
VOLUNTEERS / LET’S TALK ABOUT / CSJ
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Support The Refinery 197 Ecclesall Road Sheffield S118HW Golddigger Trust www.golddiggertrust.co.uk info@golddiggertrust.co.uk @golddiggertrust Contents Keep in touch golddiggertrust.co.u sign-up-for-news Sign up for our newsletter to keep up to date with everything we're doing, including our work with young people and fundraising events. Wel(f)me tothe Ret"mery The CORE The new home of Golddigger Trust Lives tronsformed in Shelfield's Schools. Volunteer golddiggertrnst.co.u Cents? for&la1 JustiL volunteer-with-us Are you interested in giving some time to Golddigger Trust? We have a number of opportunities available including working with young people. National Trnining Impacting the wider culture of young people and mental health. Golddigger Trust's courses delivered to young people across the country. 12 Thevalue of Volunteing Let's TalkAlx)ut An interview wilh one of our wonderful volunteersl Our new evenl lor parents, corers and professionols. Give golddi%%ertrnst.co.uk donate You can make a difference to the young people Sheffield. By becoming a regular giver you can give young people the help they need to build self esteem and emotional wellbeing. Sheffield Child'S Hospital Golddigger Trust's life changing work in the Emergency Deportment. Progrommes designed lo empower young people to moke positive changes. 21 36 RefetEncE and A Yearin RLwiew 25 Indwndent Examinerfs Rewrt Golddigger Trust is a Registered Charity in Englond and Wale5 ICIOI Number 1166191.
l£tter fmm the The year's finances show a balanced and healthy picture, although our committed expenditure has now signilicantly increased with the investment we have made in our new delivery centre and so a key priority for the corning year is to ensure we have a sustainable financial plan for the longer term. We are deeply grateful to all of our supporters and funders as you enable us to continue working with so many young people and helping them recover. respond, adapt and thrive. We also really appreciate local partners who have invested significant resourLe.% in gupporting u.% to equip <ind mobilige our new centre. Thank you also lo my fellow trustees, who freely give their time, skills. experience and attention to our responsibility of governance and support for Golddigger Trust - it's a privilege to work with such an inspiring and motivated teaml Our focus in the coming year is to continue delivering the vision we have laid out, building on the foundations of our team, facilities, knowledge and experience. The linancial climate is changing and challenging. but the need for Supporting our local young people is only increasing and so we remain committed to our vision and purpose. This annual report is a sm¢ill reflection of the eflort and energy that goes into delivering the outcornes that matter and I hope it may inspire you as you take in the details. CHAIR OF TRUSTEES "Ourteam inCdIbl£mryth StsVand Ix)Id I&r8h1 fa. ntastiL' teamMvAI enffjand deterniination and a gEneThx doseof fun asMEll!" l am pleased to present the Trustees, Report and Einancial statements lor the year ending 30th June 2024 on behalf ol Golddigger Trust. It hd.8 been a significant year of achievements and landmarks that lay the Eoundation for our vision over the coming 5 years and beyond. Firstly, my thanks to the whole staff team who continue to positively transform the lives of so many young people in Shefficld, giving them hope. raising sell-worth. and building positive wellbeing. Our team are incdible, with strong and bold leadership, fantastic teamwork, energy and determination and a generous dose ol lun as welll Our team have again worked really hard and delivered such a valuable service to the young people of Sheffield in many ways, whilst also delivering an exciting and major transformation to relocate our main delivery centre and HQ to a vibrant and amazing new site. We've supported over 1,000 young people acr055 Shelfield in the last year. expanding our work in the community and significantly in many secondary schools across the city, as well as continuing the partnership with NHS Shelfield Children'5 Hospital. We've re-launched our national training program to equip rnany rnore people across the country in working elfectively with young people and have also had the privilege ol working with the Centre for Social Justice to help shape and influence the very latest national thought leadership. Christmas Bauble Decorating Wellbeing Workshop
A neiv homL' Koi. Golddi¥ger T1141. pl%1d1ng hub lor IhL' )'OUAig PLopILJ ol ShL.kAIL.141. e Refinery We established ourselves on Psalter Lane in 2016, and over the 8 years we were there, we really made it our home. A comfy, cosy cott(ige on the outskirts of Nether Edge, it provided a welcoming 8P(Ice for young people but it limited how many young people we could work with and which activities we offered. As <1 part of our 2030 str(Ite8y, we were looking for a new centre for Golddigger Trust, to enable us to serve more of Sheffield'5 young people and provide a range of different spaces to expand our support and enable us to fulfil that vision. In the springlsumrner of 2024, we moved into the Refinery. two floors of Ward's Exchange on Ecclesall Road, including a warm, contemporary cafe space on the ground floor. and the first Iloor. which we have developed to create oEfice space, a flexible deliveryltr(iining space and a movement studio. As we develop our work in the Refinery, we are able to oller new activities thank5 >>
'The new Spa feels homey and I feel allY Lalm and safe" Young pe)n'8 feedback The Refinery from Ecclesall Road Botlom i£li Workingwith young people in our caEe Belfflv The Foundry, our fjrst floor trainingjdelivery space Below Righi The Refine Studio Rithi Staff Offi OUR THEORY OF CHANGE all_IlV•IIIII Q LMERSTANDtNG Q? COURAGE TrANSFOIIMAITrE CFI4NGE. LLIEWG The Refinery_.i- to these spaces, but also work with a greater number of young people. Our Wellbeing Cdfe can host up to 50 young people, as well as other progr(Immes running on the first floor at the same tirne. It also offcr5 the opportunity For us to h05t our own event%, whether th(It ]% (i quiz night fundr(iiser or one of our 'Let's Talk About, events for parents and carers Ifor more info see page 14) as well as space to train other organisations to deliver Golddigger Trust courses without impacting our delivery with young people. This also provides us with a valuable additional incorne stream, with the opportunity to hire out the space when rooms aren't in use Eor our work with young people. In a new era lor Golddigger Trust, we are so excited to be in the Refinery, building (I hub for Sheffield's young people.
'It's helpingme in mylessons and f(sS me tell them OWI amfeeling and this helps meto find a solution to calm the feelings dow, Since J(Inuary 2023 Golddigger Trust has been working in secondary schools across Sheffield, del ivering the 'Core' programme as part ol the SAFE T(i%k f()rce - (I g£)vernment inve.4tment i n young pe()ple at ri4k of involvement in vi()lence and to support them to re-engage with education. Outcomes for this year hi)ve been rei)Ily positive. Overall, we have engaged with 229 young people in the CORE programrne this year across two cohorts. For a group who have hi5toric(Illy struggled with attenddnce in school we are delighted that 7890 01 younb pe(Iple completed the pr()bfrdmme, with 80% saying that their ability to manage their stress and anger has improved through doing the course. Core is (In interiiclive progr(Imme ()f group and individual work, including i-l goal-based mentoring. consisting of four pha5e5 which focused on developing positive emotional wellbeing and executive function in an accessible. creative and fun way. It aimed to reduce behavioural i58ue5, i mprove 5elf-worth ly self-esteem, enhance prosocial attitudes and self- control among participating student5. This is having the desired effect on behaviour too, with 68% of students who completed the intervention showing a reduction in behaviour issues. Running until Easter 2025, we are delighted to be continuing to ()Fler thi8 provi%ion t() (i %eLtion of young pcople who might not ordinarily engage with us in the community, as well as strengthening relationships Wlth schools across Shelfield. Looking to the future, we will continue to build on these relationships, offering to deliver both CORE as well as a new. universal programme to work with even more young people through Sheffield's secondary schools. Working predominantly with Y7-9s, we recognise that for many of these young people, this behaviour is a symptom ol underlying i55ues 50 our focus has been on: self esteem positive aspirations & hope for the Euture emotional wellbeing fd regulation.
cent for Training Here at Golddigger Trust, we're committed to advancing positive change across the youth sector, and influencing wider policy and practice to change the narrative for young people. This year, we're delighted to have joined the CSJ Alliance at the Centre For Social Justice and to be working with them on their latest research around young people's mental health provision. H(Iving Seen the eEfe¢tiveness Golddigger Tru.8t courses have with the young people of Sheffield, we recogni5e th<lt they are too valucible to keep to our8elve.8. for the training have been ovenvhelmingly positive, with attendees giving an average score of 9.7/10 for how they found the course. This Is (I valu(Ible (155et for equipping prolession(Il.% who work with young people and are working to see this area grow in the coming years. We're proud to announce that our Chief Executive, Beth, has been appointed as an Advisor to the project and will be contributing to this research, shaping their recommendations from the frontline. Currently we train organisations all over the country to deliver M<ide of More and I'm the Girl I W(Int to Be, enabling them to take these programmes back to their town5 and cities and deliver it with young people in a range of contexts, including schools, churches, youth services and youth offending services. 'Thi.s (X)ULY i.s amazinqand gDllwto em I can't wait to We hope this work ha5 a continued and Lasting irnpact on the young people we serve in Sheffield. and across the UK as these recommendations are presented to all the major political partie5 in the autumn. FOUNDATION This year we ran three training courses, equipping 23 people to deliver these programmes. The responses -'rm the GAd' io
"l absolutely love going to Golddigger on a Tuesday, it's one of the highlights of myweek!" In moving to The Refinery we h(Ive developed mure opportunitie8 to involve volunteers in the work that we do. RL'Logni4inbS thLi skill.s (Ind pa%bion Ih(It $0 many people have to offer, we are delighted to be able to bring people alongside us, both in our work with young PL)ople and in other suppc)rting% roles, such as fundr¢iising, events and grant ¢ipplications. We spoke to Liz Hanson. one of our first volunteers since we've moved to The Refinery to lind out why she joined the team. Golddigger Trust.. Why do you volunteer with Golddigger Trust? Liz.. I volunteer on a Tuesday evening at the Golddigger Run Club. I chose to work with Golddigger because I was aware of their work with young people, and I liked their ethos and core values. We had very similar ideas about encouraging young people to get involved in physical exercise and I know how important this 15 through my own work as a mental health nurse. I wanted to volunteer at Golddigger to promote phy%ic(Il he(ilth and eneour(Ige more kids to get into running. IIIK)II' (L R) MdfiL'. Liz. M(iisie, Riley kid5 are absolutely fantastic, we have a core group who have been ¢lttending Run Club every single week. Ind they have demon8tr(ited re<illy good commitment and made huge progress. Jt'5 50 rewarding to See them enjoying exerci.8e. It me(Ins (I lot to me to see how much they enjoy it. We also have so much fun and lots OE laughs, it never feels like a chore and I'm always buzzing aEtenvardsl Golddigger Trust.. What do you enjoy most about volunteering with young people? Intcresied in volunleerin¢ See page 2 lo tind oul Liz: l absolutely love going to Golddigger on a Tuesday, it's one of the highlight5 of my weekl The 13
EquippAng those who care about supporting young people. Let, 'Thiswas so helpful for I feel like I can go awa undetandingmyLghter a little Itter., This year we introduced a new area of our work at GolddigbSLir Trust which 14 (limed prim(Irily (It equipping anyone who cares about supporting young people. particular those closest to them. such a5 P(IfLntS (ind ¢(IfLf% (1% well (1.8 prc)fe%%i()n(Il%. Our 'Let's Talk About, events locu% i)n a Viiriety of i5.%ue impacting our young people and their wellbeing. continues to grow we hope to see this become ommunity ()E like-mindLd individu(11s, Lommilted to pro<lCtive engdgement in nurturing mental wellbeing in young people. l .1 y l jilk CXXP Led by our Senic)r Le(Ider.4hip Te(Im, Beth 511)ut <ind Amanda Toombs have co-hosted these evenings, using the bre(Idth of their shdred experience, expertise (Ind knowledge to delve into the rese(Irch behind he topics, and equip attendees with some practical tips and idea5 to help the young people in their life. Some of the tOPlC5 covered so far include- mental health, smartphone5, anxiety and sell-harm. ollering some of the key insights into challenges facing adolescent mental health, effective cornmunication str¢ltegies and practlC(Il tools for providing emotional support. By providing an open and welcoming atmosphere. participants have the opportunity to learn from each other too, olfering the opportunity to share experiences and join in the conversation. As this 14 Is
HospAtal AUROUS J ttl(uth Ilo tai how to manage my Aurous is our one-to-one, goal-based mentoring progrdmme, which ¢)s well <)% fedturing in our CORE progrdmme, ran with 32 young people in our ccntre thi4 yc(Ir. ITGIWTB is one of our most popular courses, with 107 young women working to build their self esteom dnd discuss the everyddy issues young women f¢)ce. Over 91% of thcm identified (In improvemLnt. howto stay &K)Siti. .41,*IILI I 1-8'16 51$ un/rest 11 Sisu courses r(In this year, equipping young people with the tools and skills to manage their emotions and make positive choices. 100% of our young people who (Ittended our un/rest programme saw an improvement with this shorter course helping young people to deal with change. Entering into our third year OF the project in October 2023, this year we saw 126 young people in Shell'ield Children's Hospital ED ISCH ED). Thi5 project aim5 to fill the gap for young people who have nowhere else to turn and end up at SCH ED in a moment of crisis. but often aren't severe enough for clinical mental health support or the waiting list is too long. AEter an assessment by the STAR team, young people are offered a chat with one of our youth workers to talk about what is going on and how there are things that we can do together to make things better. A week later, they attend a follow up appointment in our centre, where they get oflered the opportunity to engage with some of our other programme8 and activities to build positive self esteem and emotional wellbeing. Thi5 year, 106 young people who came to us through SCH ED went on to engdge with one of our courses or programmes, to make positive Choices for their future. Across the 4 Made ol More Courses we ran this year, an amazing IOO¥o ofyoung men identified an improvement in their self esteem (Is well (IS addressing issues of values, image, relationships. Media and being the best that they can be. One ofthe mental health nurses on STAR team said: "In my experience of Golddigger Trust, there is an obviou5 reduction in hospital attendance and admissions. This is because Golddigger equips the young person in their mental health Journey." MADE OF MORE. 16 17
How manyprngAwnmes doyoung le engagewith? 5010 of young people engage with 3 or more programmes been a part of our CORE project, commissioned by the Department of Education as part of the SAFE Taskforce. This year spanned the end of the first cohort, and the beginning of the second and we've seen some really positive results so far, with young people seeing an improvement in a number of dreas, including sell worth, time management, dealing with stress and planning for the future. A Year In 19% This is also having an impact on behaviour, for example Handsworth Grange have reported that 80% of the students we have worked with have shown a reduLti()n in su%pensions and the average achievement points has more than doubled across the group since we began working with them. 36% 31% 11% We've also been able to continue our work in Shcfficld Children's Hc).8pital Emergency Dopdrtment thi.% yL(Ir, Ih(Inks to funding from ShLI"lic.Id Children's Hospital Charity. This project provides a youth worker at key times in the Emergency Department to oller support to young people who are unable to access cliniLdl mentdl hedlth support either by being below the threshold or due to long Wditing lists. Of the 126 young people that were seen in the Emergency Department, 75% of them engaged with Golddigger Trust provision back at our centre afterwards. How do young people hear alx)ut us? Who is signposting young people to Golddigger Trust's provision in our centre? How manyy)ungwle dAd ll7e woA(wiih? And where did we work with them? In an another amazing year of working with young people in a variety of different contexts and spaces we are delighted to have broken through the 1000 m(Irk for the number ofyoung people we worked with this year. 30.4% OthLir 43.1% Community 7.9% NHS IGP, CAMHS etc) The majority were through our courses and activities in our centre, including our weekly Drop in and Wellbeing Work5hop5, courses such as I'm the Girl I Want to Be, Made of More, Sisu and Unrest and our i..1. goal-based mentoring programme Aurous. We've seen some really positive leedback from young people. with 93.6°A of young people who attend reporting an improvement through doing one OF our courses. In fact, of the young people who engaged with one ofour programme5. 50% went on to attend 3 or more diEferent programmes, showing that young people see the value they get from engaging with our prograrnmes. This idea is further supported by an increase in course completion rates with 85% of young people booked onto courses completing them, compared to 79% the previous year. As a part of this project, we have been communicating with other NHS providers such as GP8 (Ind m()re widely in CAMHS to prc)vide (I Pathway for young people to engage with G(Ilddigger Trust's provision bclore it reaches a crisis point that lead5 to Friend or Fatnily (I trip to the Emergency Department. In J(Illu<lry 2024 member we held an open morningwhere we met professionals from mental health services, as well as schoo15. 8OCI(115ervice.8, (Ind volunt(lry (Ind statutory youth services t() find out about the work we do (Ind how they can signpost young people to engage with US. Schools 22.19. 7.8% 1037 13.7% School 4.9° MAST/social Worker Young People this year 57.9% olddigger Trust Centre Since we started delivering CORE as a part of the SAFE Ta5kforce. it ha5 become a significant element to our delivery. imp<lCting many other (ireas. With the SAFE Tasklorce linishing in March 2025, we want to take the opportunity to develop our work in a number of areas.. 12.2% Sheffield Children's Hospital Our work in secondary schools has grown this year too, working with 229 young people in 12 different schools across Sheffield. The mdjority of these have
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Refence and Administrative Details IL&oboots. as well as offering the CORE programmes directly to schools who want that level of provision (a year ong mix of mentoring and group work, working with the same cohort ofyoung people) we are developing a new programme, enabling us to work with more young people throughout the year for .8horter. more inten.sive period.8. This will (1150 empower the school to use this provision for a whole range of diElerent students depending on their needs. I., our new building will offer us a range of new opportunities, such as opening our Wellbeing Cafe in September 2024. and utilising the studio to deliver movement based activities. Additionally, we're also working on a brand new course to be delivered next year as well as a complete overhaul of un/rest. As an organisation that never stands still, we are excited Eor what this next Chapter will bring. "It helps me gEt thingN. off my thL¥it and l %D baLi£lo lo%wns a bil (almer. rm An I$ tmul)IL I (xn LX)ntrnl my angrabit IKter. The StratleS r learnt ha REGISTERED CHARITY NO 1166191 TRUSTEES Matthew BThx)k (Chair) Joanna Henry(SLKYEtary) GLX)ff AAnsOn ITUlr) Jennifersrnith (RLviIKncTrd 0810312024) Sarah PThKlor (RL¥41Ctrd 1210712024) REGISTERED ADDRESS The Refmery, 197 ELrlesall Roa ShLfiield, S118HW SENIOR STAFF ISLTI Bethany Stout ChAel ExLKl[ Amanda T(x)mbs Cth DI10r Abl11 O'Brien (App)iniL14I03l2O24) Jane Roblnson (Atv)iniLMI 3110512024) MIStyr (Arnx)liiiLxl 3110512024) Tim Elgar (ApwiiilLxl1911212024) habiL" CORE BANK UnAtyTrnst Bank 9 BrnidlLy Pla Birniingham, BI 2HB INDEPENDANT EXAMINER PeterWAnter BAqA FCCA FCIE Christmas bauble decorating Wellbeing Workshop 20 21
Strncture, Governance and Management Funding and Grant Fundmg Golddigger Trust was registered as a CIO with the Chariry Commission in England and Wales, on 23rd March 2016, and became active on l., July 2016, following tran5feral of assets from Golddibger Trust (Charity No 112068¢)), an unincorporated registered Chariry, constituted under a Trust Deed dated 8111 February 2007. to ensure eomplianee with the stated objectives and constitution. During the year, the board OE Trustees met formally 6 times as well as an additional Trustee away day. Golddigger Trust is indebted to those individuals and organisations who have supported its work financially during the year. Please see Note 11 to the Financial Statements for information on Restricted Grants. Unrestricted grants were gratefully received from The Garfield Weston Foundation, The Volvox Trust, and The Archer Trust. During the year, Golddigger Trust gratefully received funding {or received notification of grant funding} from a number of grant lunders. The Trustee board is structured to provide specialist and general expertise in areas relevant to the Trust's work. Day-to-day operational responsibility is delegated to the SLT, who litiise closely with the Trustees between formal meetings if required. The Trustees meet Eormally. approximately every two months with the staff Senior Leadership Team ISL T), Gifts in Kind Recrnitment and Induction of Trustees "i ihink ihi8 IJ4 the Golddigger Trust is grateful for the support given through gifts in kind. Gifts in kind were predominantly received to support smdll gifts given to young people ds P(Irt of their gradu£ltion from Golddigger Tru.8t Progr(Immes. including (I selection of toiletries from Temple Sp(1 (Ind Lush dnd d selection of journa15, notebooks and planners don4lted by Inspired Stories. Free HR sofiwiire W<4S provided during the year by My HR Tix)Ikit and leadership coaching for senior staff frorn Mccanna Coaching. pi'c)pL'I'Iy undLYJrNlOI)d, likL L¥VLYJr... 'B' 17 Prospective Trustees are recruited based on their skill% and .suit(Ible ch(If<lLter, (ilongside their interest in the work thdt the Trust does in its work with young people. Prospective Trustees informally meet with both (i member of the Trustee bo<ird (Ind the Chief Executive prior to dppointment. dnd due diligence is taken on their suitability via a personal declaration of suitability, 5ki115 audit and a satisfactory enhanced DBS check. What you need to know,, alongside undertaking basic safegu(Irding training to inform their role. SINU During the year. we maintained a consistent Trustee bo(Ird 016-8 members, with some transition of Trustees throughout the year. The total value of gifts in kind received during the year was £5,621. In March 2024, Abi O'Brien was recruited to the Trustee Bodrd, joined in Mdy 2024 by Misty Bower and Jane Robinson. We also said a grateful goodbye to Jenny Smith who reached the end of her tenure having served as a trustee Eor 8 years Tru5tee5 are requested to familiarise themselves with the work of the charity and to read the Charity Commission publication, 'The Essential Trustee.. Additional Income Addition<il income w(is received through unrestricted donations, community Eundraising and chargeable services. alongside a srnall amount of trading for fundraising purpose5. This has contributed £280,734 to our income this financial year. Golddigger Trust 15 extremely thankful to those individuals who volunteer their time to support the Trust's work. It is difficult to place a value on this time given, and volunteer time 15 therefore not accounted Eor financially within the annual accounts. "l am m}'self and that 1.8 OIL l am beautiful even when I don'l feel Ilke it and il's ok io look different L'ompared io everyone else." -T'14 I'm ihe Girl I Want to Be Since January 2023, Golddigger Trust has been commissioned by the Department of Education to deliver the CORE programme, this year working in 12 secondary schools as part of the SAFE TaskEorce. 22 23
ReseeS Policy Golddigger Trust takes the view that it is reasonable to build up a level of reserves sufficient to support activities. not covered by grants or trust income. which allows the Trust to professionally manage the activities to a level which does not compromise service users. The Trustees believe that such a level of co8t.s currently equ(Ites to around £85.000. These costs will provide sufficient working time and allow for als statutory payments including notice and redundancy where appropriate, and all necessary occupancy costs. Golddigger Trust cannot use restricted gr£int and tru.8t income to build reserves and the current level has been built up from Golddigger Trust's own fundraising and personal donations given to support generiil activity- Due to prudent findnci(il m(In(Igement. active fundr(11.%ing eEforts, and some stafEing changes, we were able to maintain reserves during the year. Risk Review and Going Concern Independent Examiner s Report to the Trnstees of GolddiggerTrnst Golddigger Trust has undertaken a detailed risk an(IIy.8is Lovering illl aspeLl% of the operalion(Il and strdtegic objectives. The Trustee% reguldrly review the Trust's comprehen5ivc risk rcgi5tcr and ensure that LIII sy.8tems iire (i%tse%%ed for rheir suit(Ibility and further development. During the year there were no safe&fuarding incidents reported in relation to Golddigb*er Trust's work, dnd d thorough annual review of the Trust's safeguarding policy was conduited. Golddigger Trust has taken due note of its re.sp()n%ibilities 1£) pr()vide public benefit (Ind prudent financi(Il management and believes that, as shown in this report. the Trust continues to be a viable going concern into 2023-24, providing inv(iluable support to young people in Sheffield and beyond. The Lh(Illenging economiL environment (Ind 'c£)st of living, crisis Wi15 recognised iind discussed by the Trustee Board and Senior Management Team throughout the year, alongside It imp(ICt on young people's wellbeing, the Tru%t'% fundrai.qing potenti(Il, and increased expenditure. The board took steps during the year to review this risk, particularly relating to incre(Ising 8t(Iff 8(IlJries where possible to support them within a challenging financial climate. DIGGER TRUSr "I feel a lot stronger mentally and feel that I have m), emc)lic)nx under L'onlr()I mc)re" 'C' 16, Si811 24
Independent Examiner's Report to the Trnstees of Golddigger Trnst Golddi erTrnst Statemen of Financial Activities Fortheyear ended 30th June 2024 I report to the tru8tees on my examination of the accounts of the Golddigger Trust ("the Trust.) for the year ended 30 June 2024 which are set out on pages 17 to 35. 2024 2023 As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act.). R[All&¥I Tol*l RerIL.1 UnrcNiriLtr Fund I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. InL'oii)e aiid endownient8 trom GIMnlx und di)nuli4Jll¥ 92,254 81.523 175,777 141,538 133,357 274,895 Independent exuminer's statement 270.885 270,885 161,859 161,859 The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of the AstsoLi(Ition of Ch(Irtered Certified Accountanlb (FCCA) and a Fellow of the Association of Charity Independent Examiners IFCIE). 2,057 2,057 1,125 1,125 92,254 354.465 448,719 141,538 296,341 437,879 I have completed my examin(Ition. I confirm that no material matters have come lo my attention in connection with the exdmination which gives me cause to believe that in, any material respect.. Expindliure L)n the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting rccords.. or the account5 did not comply with the applicable requirements concerning the form and content of accounts set out in tho Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account5 give a 'true and fair, view which is not a mattcr considered a5 part of an independent examination. RaIMInrundX 12,7511 12,7SI I 13591 13591 1357,8881 1469,OWI 1126,8431 1242,2311 1369,0741 Totlll 1360,6391 1471,7511 1124,8431 1242,5891 1369.4331 I have no concern.8 (Ind h(Ive come across no other m<ltters in connection with the ex(Imin(Ition to which attention .8hould be dr(Iwn in this report in order to en(Ible a proper underst(Inding of the accounts to be reached. Nil incDniin 116,8581 16.1731 123.0311 14,694 53,752 68,446 loiTrvArd 24.356 137,165 161,521 9,662 83,413 93,075 Tvlal Funds caiiied 7,498 130,992 138,490 24,356 137,165 161,521 Mr Peter Winter MA FCCA Winter %Y Co Chartered Certified Accountant 20 H(Ill(Im Grange Road Sheffield, 510 4BJ 23rd April 2025 26 27
Related PartyTrnnsactions Golddigger Trnst Balance Sheet At 30th June 2024 Unrestricted donations were made by members of the Trustee board totalling £7.180 during the year12023.. £4.41]). No expense5 were claimed by Trustees during the year. Approved by the Trustees on 23rd April 2025, and signed on their behalf by.. 2024 2023 NoiL' Ti)t*l Fun Matthew Llrook Ichair) DLibioiy 90,402 3.526 Statement Of Trnstees, Responsibilities CaNh lil Bunk und haiid 142,048 195.738 Toi41 232,450 199,264 Cii.dll0176: Amounlx fulllnl duL' ii.lill)lii i)nc YL'III. io 193,9601 137,7431 Charity law requires the Trustees to prepare fin<incial statements for each financi<il year which give a true and Fair view of the Trust's incoming resources and application of resources during the yeiir and of its state of affairs at the end of the year. In preparing these financial statements, the Trustees have.. Nc%1 L'ujyeni 138,490 161,521 selected 8Ultable (Iccounting policies and applied them consistently; observed the methods and principles in the Charities SORP., madc judgcments and estimates that are reasonable and prudent., -st(Ited whether (IppIiLable dlC()unting %t(Ind(ird% hiive been followed, subject to any material departures disclosed dnd expldined in the financidl %tdtement%', prepared the Einancial statements on the going concern basis unless it Is inappropriate to presume that the Trust will continue in operation. FundMoYihL'Ch#rfi)' RihMirlL'l¢d 7.498 24,356 Unr¢Mii4L'led 130,992 137,165 138,490 161,521 The Trustees, responsibilities include keeping proper accounting records which di5c105e with reasonable accuracy (It (iny time the fin(Inci(Il position ol the ch(Irity (Ind they h(Ive determined that the fin(Incial statement% should comply with the Charities Act 2022. They are also responsible for saleguarding the Trust's assets and hence Eor taking reasonable steps for the prevention and detection of fraud and breaches ol laws and regulations. The Financial statements were approved by the Tru5tee5 and are signed on their behalE by Matthew Brook on 23rd April 2025. 28 29
Notes to the Financial Statements Fortheyear ended 30th June 2024 Continued Notes to the FAnancial Statements Fortheyear ended 30th June 2024 l. Accounting policies D Restricted and unrestricted funds Accounting convention Unrestricted lunds are those which are available for use at the discretion ol the Trustees in furtherance of the general objects OE the charity, and which have not been designated for other purposes. Restricted funds are those which are to be used in accordance with specific restrictions imposed by donors, or which have been raised by the charity for a particular purpose. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS102) issued in October 2019, the Financial Reporting standard applicable in the United Kingdom and Republic of Ireland IFRS1021, and UK Generally Accepted Practice as it applies from 1st January 2019. gi Pensions Retirement benefits are funded by contribution% by the charity and it5 employees to a defined contribution pension scheme, which is linancially separate from the Charity. al Fixed assets The ch(irity has no fixed assets which are subject to depreciation during the year. Items purchased are charged as expenditure during the year where they h(Ive an individual item value under £2,000. h) Debtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayments are valued at the amount attributable to future periods, calculated pro rata. bl Income Grants and voluntary income is accounted for in the year in which it is received unless receipt ha5 become certain at the balance sheet date. Resources restricted to a specific purpose are carried fonyard until spent. Other income is accrued as it becomes due. il Liabilities and provisions Liabilitics are recognised when thcrc is an obligation at the Balance Sheet dato as a rcsult of a past event. it is probable that a transfer of economic benelit will be required in Settlement, and the amount ol the settlement C<in be estim(Ited reli(Ibly. L](Ibilitie (Ire recognised (It the dmount th(it the ch(irity anlicip(Ites it will p(ly to %ettle the debt ()r the (Im()unt it h(1.5 received (1.4 (Idviinied PlYment% f()r the g()()d% c)r.serviLe.s it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. c) Allocation of costs Costs directly related to an activity are allocated to that activity. Support costs, which dre necessary to deliver an activity but d(} not them%elves deliver that (Ictivity, (Ire (Ill()C(Ited in priip()rtion t() the benefit (Ittribut(Ible. Governance costs are those incurred in meeting statutory and constitutional requirements. 2. Taxation d) Stocks As a registered charity, the Trust is exempt frorn tax on incorne and gains falling within the available tax exemptions to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity. No value is placed on the stock of rnaterials and consumables for future use. e) Gifts in kind J. Trustee remuneration and related parties The charity has received various giEts in kind Eor items which would otherwise have been purchased for the use of the charity and beneficiaries. These giEts have been valued by the Trustees in line with current market value for equivalent items. Trustees are entitled to receive reimbursement OE out of pocket expenses incurred on behalf of the Service. No expenses were claimed during the year12023 - £nil). No trustees received any remuneration and there are no disclosable related parties. 30 31
Continued Notes to the Financial Statements Fortheyear ended 30th June 2024 Continued Notes to the Financial Statements Fortheyear ended 30th June 2024 4. Trustee donations 7. Charitable activities expenditure 2024 2023 The Trustees made unrestricted donations OE £7,180 (2023.. £4,411) during the year. RL%tI4LlL UnrL'%(rlLtL Totul RLtrILtL UnirMirALtLd TolalN 5. Grants and donations Payroll CoBtB 93.537 323.976 417,513 114,967 214,292 329.259 2024 2023 Stul'l. uiid IM)lun(Lcr ExpL)IIML%f4 741 741 37 487 524 RL'%irlLILYI UnrL'%liqLied Toiul RLXtI4LIL¥t UnrL'%liqLILYI TolMIx Trnliilii 1,660 4,604 6,264 402 33 435 Gruni 94,254 15,749 I10,CM)3 141.538 55,200 196,738 RL'nl und r4M)m hlre 14.050 9,337 23.387 7.955 5.718 13,673 Dona(IoiiN 51,672 51,672 65,410 65,410 293 293 Glfix In Kli)d 5,621 5,621 3,887 3,887 TL'IL'phi)ne 971 971 46 848 894 GIY¢ Ald 8,481 8.481 8.860 8,860 Iii¥ui'aiiLe 1,896 1,896 1,362 1,362 94,254 81,523 175.777 141.538 133.357 274,895 1,536 4,556 6,092 2,351 8,655 Glfix li) Klnd 5,621 5,621 3,887 3,887 WL.b%lic and IT Sup)rI 896 896 137 6. Charitable activities income 137 LaiwL' LompulL)i' and oll1L Lyiilpn)enl 422 422 524 2.916 3,440 Feeh lor8eivice 267.542 267,542 157,300 157,3Cy) MIAcellanoou8 ofrylce 329 3.981 4.310 86 3.845 3,931 3,343 3,343 4,559 4,559 GOirnAnCe- LMIner. fee 595 595 525 525 270,885 270,885 161,859 161,859 357.889 469.000 126.369 242.705 369.074 32
Continued Notes to the FAnancial Statements Fortheyear ended 30th June 2024 Continued Notes to the FAnancial Statements Fortheyear ended 30th June 2024 8. Staff costs 11. Restricted Funds 2024 2023 Bn)u%ht Fonvard Ineome Expendltiire CArrlLMI FOard Boelni (l) Chal'le8 and EIAle TIv81 (2) Chlldren In Need (3) DldvniiiA {4) ShLsllleld Clty Coun¢ll (Unlwernal Yoiiili) ltsl 28,046 2,500 7,498 128,0461 12,5001 Mnd.Shlarlex 381,6 296,812 7,498 1,293 11,2931 Employe1 Nailonal InAui'xnee 30,414 22,548 14.635 2,500 117.1351 S'lc)RMS16) ShL%IIILld Clilldrn>n'M HoNplial Cliui'li). (7) Nll% Chui'lilem ToKeihcr {81 8,161 18.1611 Emplo)'erM Penmlon Conirlbuilon 6.093 9,899 37,541 137,5411 417.513 329.259 268 16,169 116,4371 24,356 94,254 7,498 ANI'1'a. niin)bei' ofAtthtYdiirlni Ihe yeai. 11.-J'EI 12.9 12.9 l)rLVi()u.% year for comparison BoL.In 445 28,794 1,331 5,000 1,000 129,2391 12,4011 13,7071 I I,oooi No employees earned more than £60,000 in either year. CD4)p Dldi'niuN 1,070 1.293 Key management personnel for Golddigger Trust is defined as the Senior Leadership Team ISLT), comprising OF the Chief Executive10.8 FTE) and Creative Director10.8FTE). The total combined employee benefits including salary totalled £54.51812023.. £49,900). 14hL.IJIL.IIl IIIiryLixe Tnil ShL.I'l'ii.Id C.il)" Couiicll (SulL'lde PIi*A'L'Jiili)i)> .ShL.IIIL.Id Cli), CounL,11 (UnlvLirM41 3,000 13,IX)01 20,OIX) 15,3651 14,635 9. Debtors 2024 2023 $TI)RMS 17,OCM) 18,8401 16,0971 8.161 6,097 Unl cif8hL.ffiL,Id BuIldIn S(ronKer CoininiinttACII 1,000 I 1,0001 Nlls 2,050 64,413 166,1951 {126.843) 268 Trade DebtorA 88,032 1,070 Tolal 9.662 141.538 24,357 Gift Ald RIx'ovL'rablL' 1,490 1.587 l) Boeing Global lrnpact Grant - Part funded the role of Creative Director and development of new courses 2) Charles and Elsie Sykes Trust - Self esteem and wellbeing courses 3) Children in Need core costs - Administrator role and a.88ociated costs and a contribution to core co.stS. 41 Didymu5 - I'm the Girl I Want to Be cour5e5, including st(Iff costs (Ind course equipment dnd materials 51 Sheffield City Council - Universal Youth Grdnt Funded Drop in dnd Wellbeing Workshops and Wellbeing Cafe 6) STORMS - Part funded the role for Engagement Specialist and absociated costs and d contribution to core costs. 7) SheEfield Children's Hospitdl Chariry- Young People's Emotional Wellbeing Intervention in SCH Emergency Department, part funding a number of roles and contribution to project costs and core costs. 81 NHS Charities Together - Young People's Emotional Wellbeing Intervention in SCH Emergency Department, part funding a number of roles and contribution to project costs and core costs. Prepa)mientx and AL'L'rued Inc'ome 868 Accrncd Inconie 90,402 3,526 35 34
Thank foryour *4 Didymus Children's Hospltal CharltV Ch"arles & Elsie Sykes Trust NHS CHARITIES •• Nether Edge TOGETHER Nelghl>ourhood Group Sheffidd City Council TllTr'. VOLVOX TRUST CHILDREN IN NEED Garfield Weston FOUNDATION MYt001kIt SCHOOL BUSINESS PARTNER LUSH HenryBoot MCCANNA COACHING STdRMS SpecAal thank8 to our funder8 and corporate partners 36
Golddigger Trust is a Registered Charity in England and Wales (CIO) Number 1166191.