Golddigger Trust
Annual Report
2024/5
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Wellbeing
Classes
Investing in Holistic Wellbeing
WELLBEING CAFE / NEW COURSES / GROWTH
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The Refinery 197 Ecclesall Road Sheffield S11 8HW
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Golddigger Trust is a Registered Charity in England and Wales (CIO) Number 1166191.
Contents
Welbeing Cafe 4
The central hub for all things Wellbeing.
10 Sheffield Children’s Hospital
Golddigger Trust’s life changing work in the Emergency Department.
13 Valuing Volunteering
An interview with one of our wonderful volunteers!
15 NationalTraining
Growth and the Core 7
Working with young people in Sheffield’s schools.
11 WellbeingClasses
Physical, creative and social approches to holistic wellbeing.
14 Centre for Social Justice
Influencing the wider culture for the benefit of young people.
Our Courses 17
Equipping organisations across the country to make a difference to their young people.
A Year in Review 20 27 IndependentExaminer’s Report
Programmes designed to empower young people to make positive changes.
Reference and Administrative 23 Details
36
Thank you
1
Letter from the
Chair
“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.”
I am pleased to present the Trustees’ Report and financial statements for the year ending 30th June 2025 on behalf of Golddigger Trust. It has been another exciting and impactful year for the organisation on a local and national level, with many positives to highlight. Firstly, my thanks to the whole leadership and staff team who are deeply committed to positively transforming the lives of young people in Sheffield and beyond. The report highlights the data and a few anecdotes, but behind each young person is a story of giving hope, raising self-worth, and building positive wellbeing. Our team are incredible, with strong and bold leadership, fantastic teamwork, energy and determination and a generous dose of fun as well!
Thank you also to the growing number of volunteers who freely give their time, talents and energy to contributing to the work Golddigger Trust is delivering. We were delighted to increase our volunteer numbers and deeply appreciate the valuable contributions made, working alongside our staff team. Thank you also to my fellow trustees, often working behind the scenes and with a passionate commitment to supporting, governing and strengthening the organisation. It really is a privilege to have such an experienced, diligent and professional team!
Last year’s relocation to a far larger main delivery centre has given the opportunity to transform the
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ways we can operate and deliver and a major focus for this year has been to explore, test and develop a number of such initiatives as we understand how best to use our new space and facilities. We are deeply grateful to a number of organisations who have provided significant investment to support the fit-out and transformation of our new centre.
Our Wellbeing Cafe is the flagship of these new ventures and we’re pleased with the engagement and progress that we’re making in offering a new kind of space for young people to engage and we’ve also seen an encouraging pathway into our courses and classes from the Wellbeing Café. Our new centre has also given us the space to provide a much wider range of Wellbeing Classes which again have been a success and broadened our reach.
Another key focus has been our work with local schools across Sheffield, ensuring we successfully completed the delivery of the Dept of Education SAFE Taskforce and then continuing to engage with a growing number of schools directly. The feedback from school leaders is impressive and its been vitally important to build strong relationships and develop this area of our service.
On a national level, our national training programme continues to expand and gain more traction and we have deepened our involvement with the Centre for Social Justice. We know that our experiences are valuable to contribute into the wider thinking about the continued development of policy for young people and are pleased to contribute.
The accounts show a significant increase in our income, matching a significant increase in our expenditure, thus maintaining a sustainable and balanced outlook. 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.
In the coming year, we are seeking investment to complete the transformation of the new centre, we will be further developing our Wellbeing Café and Courses provision and ensuring that our courses and content remains engaging, up to date and inspires young people. This annual report is a small reflection of the effort and energy that goes into delivering the outcomes that matter and I hope it may inspire you as you take in the details.
Matt Brook CHAIR OF TRUSTEES
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Wellbeing
Cafe
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3
Wel being
Wellbeing Cafe is the central hub for everything we do at Golddigger Trust. Launching in September 2024, Wellbeing Cafe is open Monday to Thursday, 3pm to 6pm, enabling young people to access wellbeing support whenever they want to, without waiting lists or referrals.
The Cafe has two menus: a food and drink menu with a wide selection of hot and cold drinks, cakes
and snacks and a wellbeing menu, offering young people the opportunity to order an activity to suit what they are looking for in that moment. Each of these activities is focussed on our four areas of wellbeing: Heart, Mind, Body and Soul, providing young people with a framework to understand themselves and what their wellbeing needs are.
In addition to the wellbeing activities available to >>
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“In other groups I feel so isolated so thank you so much for making a place where I can make friends.”
- “S” (14)
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320
young people
came to Wellbeing
Cafe this year
59%
of young people
went on to engage
with another
programme
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order, young people can have a Welcome Chat with a member of our team to find out about the different courses and classes that they can get involved with and how they can book a place.
Young people can also engage with one of our clubs within Wellbeing Cafe, offering the opportunity to connect with others and take part in fun activities, such as running, chess, board games, creative writing, doodle club and more!
In addition to the activities in Wellbeing Cafe, young people can go from there to one of our Wellbeing Classes and from 6pm, the Cafe transitions to a space to deliver our Wellbeing Courses, where young people can bring their hot chocolates from the Cafe to go deeper in their journey to understanding themselves and growing in their emotional wellbeing.
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A new programme for
Schools
After the successes of Golddigger Trust’s CORE programme since January 2024, the need for a more flexible provision for young people in schools was identified, with a focus on earlier intervention before crisis point. Whilst the CORE provides excellent, intensive support for the most vulnerable young people, a ‘lighter touch’ programme that offers support for a higher number of students was developed, launching in Ecclesfield School and Park Academy in September 2024.
Offering schools a mix of one to one and group work sessions, staff in schools have been put in the driving seat in consultation with our team to build the right programme for their students.
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98%
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of students taking part in 1:1 sessions articulated positive progress toward their goal.
Gareth Beer, our Head of Schools had this to say: “Delivering the Growth Programme at Ecclesfield School and Park Academy this year has been a hugely rewarding experience, marked by meaningful impact on student wellbeing and development.
The programme has established a strong, positive presence within each school, offering students a consistent source of support and encouragement, which is something I hope we can continue over the coming years.”
During the year, 249 young people took part in the Growth programme across two schools.
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75%
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of students completing Growth identified improvements in their wellbeing
“I understand myself more and how to keep calm. I want to do it again! It helped me a lot. I feel respected, understood and not judged.”
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The CORE in Schools
Following a successful pilot phase, Golddigger Trust’s SAFE Taskforce project marks a significant milestone in Golddigger Trust’s mission to support Sheffield’s most vulnerable students. Funded by The Department for Education, Golddigger Trust delivered this bespoke programme across 12 secondary schools from September 2024 to April 2025. The CORE programme was designed by Golddigger Trust to help young people re-engage with education and move away from the risks of serious violence, through a wellbeing and emotional literacy focused programme.
By combining high-energy challenges that build executive function with personal 1:1 Aurous mentoring, we have created a space where students feel seen and valued. This year, the team delivered an incredible 1,145 sessions with 153 young people across a multi-term, weekly programme.
Building on the momentum of previous years, the outcomes for this cohort remain exceptionally strong. For a group of young people who have historically struggled with school attendance and traditional interventions, our engagement statistics tell a powerful story:
68%
of young people showed a reduction in behavioural issues across 9 schools
75%
of young people across 13 schools said their ability to manage stress and anger had improved after doing The Core programme in school.
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‘The bespoke support offered to the young people working with Golddigger Trust has meant that we have seen an increase in self-esteem and confidence which has had a direct correlation in the classroom with students being more resilient when things are tough and having the confidence to push themselves academically.” - Safeguarding & Inclusion Manager Ecclesfield School
While the primary objective of the SAFE Taskforce is to reduce involvement in violence, Golddigger Trust’s holistic approach has equipped these students with life skills that go far beyond the classroom. We have seen notable increases in future thinking (+10%) and self-worth (+5%), proving that when you change a young person’s outlook, you change their trajectory.
As we look toward the future, we are scaling our provision to meet the growing need in more schools. By refining our resources and strengthening our partnerships with Learn Sheffield, we are ensuring that the "gold" we find in these young people today becomes the foundation for their success tomorrow.
“It is very enjoyable. It has helped me to be well-behaved and treat other people with respect. It has improved my teamwork. It has helped me to be calm, and I feel more relaxed in school. It gives you a safe space to talk about your feelings and the adults listen to me.”
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David and Pippa in
Ecclesfield School
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Sheffield Children’s Hospital
2024 marked the conclusion of Golddigger Trust’s Emergency Department three-year journey. Operating at Sheffield Children’s Hospital, this project provided a "non-clinical sanctuary" for young people aged 11–16 presenting with emotional and mental wellbeing needs. By placing Wellbeing Youth Workers directly in the ED, young people were able to access immediate, in-the-moment support that transitions seamlessly into long-term community care.
As we move forward, our focus shifts toward "upstream" intervention. With the launch of our new centre, The Refinery, we have established an openaccess Wellbeing Cafe and strengthened ties with GPs. Our goal is to ensure every young person in Sheffield knows they have a non-judgmental place to turn before a crisis leads them to the Emergency Department.
Key Successes from the Past Year:
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136 young people were signposted from ED to Golddigger Trust.
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92% of young people attended a follow-up appointment within three weeks.
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78% transitioned into ongoing, long-term support at our centre.
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96% reported a notable improvement in their mental health after engaging with our programs.
‘Golddigger Trust’s approach is well thought out, caring, holistic and unique. There is no agency which provides a service like it’
- STAR Team Mental Health Nurse
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Wellbeing Classes
At Golddigger Trust, we believe that "digging for gold" in a young person’s life requires a holistic approach. While our Wellbeing Courses offer deep emotional processing, our new Wellbeing Classes provide the vital physical, creative, and social scaffolding that helps young people flourish in their dayto-day lives. Launching in May 2025, we ran 22 classes in May and June of this year, with 19 young people attending sessions.
Hosted in the vibrant atmosphere of The Refinery, these sessions are more than just extracurricular activities; they are intentional interventions designed to stretch young people creatively, physically, and mentally.
Yoga
Physical health is inextricably linked to emotional resilience. Our Yoga sessions offer a space for young people to find their "flow," focusing on holistic balance across the mind, body, and soul. Yoga is a proven method for helping the body return to a state of calm after a stressful event. In a high-pressure world, yoga teaches them the invaluable skill of finding inner calm while building outer strength.
The Core
For those looking to test their limits, The Core uses interactive activities and empowering challenges to build self-worth. Through strategic play, we help young people develop Cognitive Flexibility (adapting to change) and Inhibitory Control (the ability to think before reacting to impulses). By stepping out of their comfort zone in a safe environment, participants discover their own grit and resilience.
Creative Arts
For many young people, traditional talk-based support can feel intimidating. Our Creative Arts classes provide an alternative "language" for selfexpression.
Each week, young people explore different artistic techniques, from painting to innovative crafts. These sessions aren't just about the finished product; they are about building the confidence to try something new and the vulnerability required to create. A landmark study found that just 45 minutes of art-making significantly lowered levels of cortisol (the body's primary stress hormone) in 75% of participants.
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Valuing Volunteers
We spoke to Fenella Noble, a local artist who volunteers in our art classes to find out about what she enjoys about volunteering .
Golddigger Trust: Why do you volunteer with Golddigger Trust?
Fenella: I volunteer with Golddigger because I have teenage grandchildren in Sheffield and can see how challenging it is for a young person to negotiate pressures and make decisions. Golddigger offers a safe space for them to question and explore their place in the world, with first class teaching material available and professional, caring staff on hand.
Golddigger Trust: What do you enjoy about volunteering with young people?
“Golddigger offers a safe space for them to question and explore their place in the world, with first class teaching material available and professional, caring staff on hand.”
Fenella: What I enjoy most is being part of the group chat as they paint or draw in the art class and hearing them say ‘I’m proud of that!’ as they go off with what they have made.
Interested in volunteering? See page 2 to find out more.
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Impacting Policy
Golddigger Trust’s work has reached wider than South Yorkshire, particularly through our work with The Centre For Social Justice. Our Chief Executive, Beth Stout, served as a Lead Advisor for the Centre for Social Justice (CSJ) on their landmark report, Change the Prescription.
This pivotal report tackled the rising "medicalisation" of mental health in the UK—resulting in the normal "ups and downs" of adolescence being increasingly treated with clinical diagnoses and prescriptions rather than addressing the root social and emotional causes.
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Beth Stout, CEO at
the House of Lords
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The CSJ’s research highlights a startling reality: while 1 in 5 children now have a probable mental health disorder, the prevailing medical model often fails to reach the heart of the issue. Beth’s contribution as an advisor brought Golddigger Trust’s decades of frontline experience to the table, advocating for a shift toward prevention and early intervention.
Key themes from the report include:
The Power of Community: Moving away from a "pills-first" approach and toward social models of care that strengthen families and community ties. De-medicalising Distress: Recognising the difference between clinical disorders and the emotional distress caused by modern pressures like social media and social isolation. Social Prescribing: Creating clear pathways for young people to access non-clinical support—like the creative and physical wellbeing classes we host at The Refinery.
As Lead Advisor, Beth championed the need for "nonclinical youth work based support" where young people are seen as individuals rather than patients, and was able to present the findings of the report at various online and in-person briefings, including presenting to MPs and Lords at a special event held at The House of Lords, hosted by the Rt Hon Sir Iain Duncan Smith MP. By contributing to national policy through the CSJ, Golddigger Trust is helping to ensure that the Westminster conversation reflects the lived reality of the young people we support every day in Sheffield.
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National
Training
“It’s not just about the verbal content, but the physical resources provided that give a new feel to young people” - ‘I’m the Girl’ trainee
We are proud to equip organisations across the country to deliver Made of More and I’m the Girl I Want to Be, empowering them to bring these effective programs to their own communities.
This year, we have expanded our delivery model to ensure our training is more accessible than ever. To meet the diverse needs of professionals, we now offer:
- Online Training: Three live video sessions that allow practitioners from across the UK to remotely learn how to deliver these courses. Hybrid Training: A strategic mix of in-person and online sessions, combining hand-on experience with the convenience of digital access.
The demand for these programs continues to grow across a whole range of organisations, eager to provide impactful interventions for the young people they work with. This year, we successfully ran fivefive training courses training courses, equipping 28 professionals 28 professionals with the tools to champion self-worth in their specific contexts.
The quality of our training remains a point of immense pride. Attendees this year gave the course an average satisfaction score of 9.7/109.7/10, describing the sessions as an invaluable asset to their professional development.
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ourses
Unearthing Identity adds something completely new to Golddigger Trust’s mission to support young people. While many of our programs are celebrated for their high energy and social vibrancy, this fiveweek course offers a deliberate shift in pace, providing a space for those ready to explore the deeper architecture of their inner lives.
Designed for small, intimate groups of four to six, the program prioritises reflection and introspection. In a world that often demands so much of young people, Unearthing Identity invites them to step back. Through a curated blend of meditation, journaling, and creative arts, participants explore the vital distinctions between:
-
External Perception: The labels placed upon them by society and peers.
-
The Ego: The defensive masks we often wear to navigate the world.
-
The True Self: The authentic, resilient core of who they actually are.
To ground this exploration, we utilise the Enneagram, an ancient and sophisticated personality framework. This tool helps young people move beyond "what" they do and begin to understand the "why" behind their behaviours. It fosters a level of self-awareness that is often missing in traditional education, empowering them to break free from limiting patterns.
For young people wrestling with the weight of identity labels, this course is a safe, non-judgmental space to practice radical self-kindness. By fostering an environment of honest intensity, we are helping a generation of young people trade self-criticism for self-interest, ensuring they leave not just knowing themselves better, but accepting themselves more fully.
of young people feel they understand themselves better after completing an Unearthing Identity Course
92%
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Making Sense is our new, three session course focussed on the ups and downs of life and how we respond to them. It provides a good entry point for young people at Golddigger Trust who want to take the first step in their journey of personal growth
Making Sense was created to replace Un/Rest, a course created in 2020 to help young people navigate the challenges of the Covid pandemic, lockdowns and the disruptions to life that those brought. Making Sense offers a fun and lively programme that deals with change, uncertainty and building resilience.
The content focuses on moving from a place of feeling overwhelmed to a state of informed empowerment. Throughout the sessions, we explore:
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The mechanics of change, helping young people understand how different personalities naturally process stress and transition.
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Reflective processing, using group discussion and personal reflection to transform confusing experiences into coherent narratives.
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Practical navigation, equipping those on the course with tangible tools to manage the present moment and build confidence in their ability to handle the unexpected.
The goal of Making Sense is to help young people regain their footing. By providing a deeper understanding of their own responses to change, we empower them to move forward with a sense of agency. Change is something that everyone has to manage and this course equips young people with the ability to stay grounded, helping them trade a sense of powerlessness for a journey marked by resilience and self-assurance.
" I learnt that it's okay to not always feel happy as long as it's not taking control of your life"
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More Courses
Aurous is our one-to-one, goal-based mentoring programme, which as well as featuring in our work in schools as well as at The Refinery. This year we had 209 young people working towards their goals by taking part in mentoring sessions across all areas of our work.
26 young people attended our Sisu courses this year, equipping them with the tools and skills to manage their emotions and make positive choices. Young people often come looking to make a positive change around a particular behaviour and this year 100% of the young people who came to a Sisu course saw a positive change in these behaviours.
ITGIWTB is one of our most popular programmes, with 10 courses running this year full of young women working to build their self esteem and discuss the everyday issues that all young women face.
Over 86% of the young people on the course identified an improvement in their self esteem.
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Across the 3 Made of More courses we ran this
year, an amazing 100% of young men identified
an improvement in their self esteem as well as
addressing issues of values, image, relationships,
media and being the best that they can be.
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A Year In
Review
How many young people did we work with?
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1,000
814
800 725
745
600
869
400 465
Young People
this year
200
0
2020-21 2021-22 2022-23 2023-24 2024-25
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Correction
In previous reports, the total number of young people we have worked with has appeared higher due to an error leading to some young people being counted twice. The chart above has been independently verified and accurately reflects the number of individual young people we have worked with each year over the last five years.
Building on previous years of outstanding delivery, we’ve seen further growth in the number of young people we have been working with and the number of sessions we have been able to deliver. This year, we were delighted to work with a record number of young people - 869 across schools and The Refinery.
Broken down by how we’ve worked with young people, that looks like:
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955 1365
Group 1:1
sessions sessions
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which equates to a total of of face to2,602 hours face delivery in schools, in Sheffield Children’s Hospital and in the Refinery.
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At our new centre The Refinery, we offer our Wellbeing Cafe, Classes and Courses with easy access for young people to build positive self esteem and emotional wellbeing without waiting lists or referrals.
348 1:1 sessions
387
Group sessions
This equates to 930 hours of work with young people at the Refinery, including 12 hours a week of open access Wellbeing Cafe, empowering young people to engage with their emotional wellbeing and mental health on their own terms - choosing what they need at that moment from the wellbeing menu.
Our schools work grew this year, through a larger cohort of young people taking part in the Core as well as two schools commissioning us to deliver the Growth programme with their pupils. In total, we delivered:
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568 1017
Group 1:1
sessions sessions
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568
which equates to 1252 hours of work with young people across 11 secondary schools this year. Through the hard work of our Schools team, Golddigger Trust has developed a strong reputation of delivering high quality, effective work with young people in schools across Sheffield.
“I am so proud of how far I have come”
- ‘J’ 15 Aurous
Which areas of Sheffield do our young people live?
The young people Golddigger Trust works with are widely distributed across the whole of the city. If we exclude the young people we work with in schools (who we don’t have home address information for), we can see that the young people we work with at the Refinery come from across Sheffield, with an even distribution across different LACs (Local Area Committees) as well as areas of deprivation.
The chart below displays the proportion of young people who engage with Golddigger Trust from the 28 different Sheffield Wards ranked by deprivation using the Multiple Deprivation Index (MDI), with the highest deprivation ranking as 1 and the lowest as 28.
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1-7
22-28 26%
30%
15-21
8-14
16%
28%
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With a relatively even distribution of young people across the quadrants, 54% of young people come from the most deprived areas of Sheffield >>>
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What growth are we seeing in young people?
Golddigger Trust programmes are impactful for young people. For each of our courses we ask young people to complete a questionnaire in the first and final sessions and we compare the scores.
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87.7%
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of young people showed an improvement as a result of taking part in Golddigger Trust courses
Across all the courses that Golddigger Trust delivered in 2024-25, 87.7% of young people showed an improvement in their scores.
they would like to address. Young people come with areas of concern such as anger, anxiety, self harm, disordered eating, stress, and low mood among others.
Across the last 5 years, 91% of young people who completed the course felt they had their main issue under control with 100% of young people in 2024-25 saying the same.
In our newest course Unearthing Identity, the focus is on taking a deeper dive into who they are and how they understand themselves. Since we have started this course in 2025, 92% of young people who have taken part in the course say they understood themselves and others more.
In 2025-26, we are investing more in how we understand and measure our impact, to ensure that we continue to provide the most effective wellbeing inteventions for young people in Sheffield.
Looking at course-specific measurements, we can see some more significant outcomes. Sisu is a course designed to help young people manage difficult emotions that often lead to negative behaviours and we ask young people to focus on a particular issue
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I’m the Girl I
Want to Be
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Reference and Administrative Details
REGISTERED CHARITY NO
1166191
REGISTERED ADDRESS
The Refinery, 197 Ecclesall Road, Sheffield, S11 8HW
SENIOR STAFF (SLT) Bethany Stout Chief Executive Amanda Toombs Creative Director
BANK
Unity Trust Bank 9 Brindley Place, Birmingham, B1 2HB
TRUSTEES
Matthew Brook (Chair) Joanna Henry (Secretary) Steve Adams (Treasurer) (Appointed 27/11/2025) Geoff Atkinson (Treasurer) (Resigned 17/01/2026) Sarah Proctor (Resigned 12/07/2024) Joanna Millward (Resigned 30/11/2025) Abigail O’Brien Jane Robinson Misty Bower Tim Elgar (Appointed 19/12/2024)
INDEPENDENT EXAMINER
Peter Winter BA MA FCCA FCIE
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Structure, Governance and Management
Golddigger Trust was registered as a CIO with the Charity Commission in England and Wales, on 23rd March 2016, and became active on 1st July 2016, following transferal of assets from Golddigger Trust (Charity No 1120689), an unincorporated registered Charity, constituted under a Trust Deed dated 8th February 2007.
The Trustees meet formally, approximately every two months with the staff Senior Leadership Team (SLT),
to ensure compliance with the stated objectives and constitution. During the year, the board of Trustees met formally 6 times as well as an additional Trustee away day.
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 liaise closely with the Trustees between formal meetings if required.
Recruitment and Induction of Trustees
Prospective Trustees are recruited based on their skills and suitable character, alongside their interest in the work that the Trust does in its work with young people. Prospective Trustees informally meet with both a member of the Trustee board and the Chief Executive prior to appointment, and due diligence is taken on their suitability via a personal declaration of suitability, skills audit and a satisfactory enhanced DBS check.
Trustees are requested to familiarise themselves with the work of the charity and to read the Charity Commission publication, ‘The Essential Trustee: What you need to know’, alongside undertaking basic safeguarding training to inform their role.
During the year, we maintained a consistent Trustee board of 6-8 members, with some transition of Trustees throughout the year.
In December 2024, Tim Elgar was recruited to the Trustee Board, bringing expertise as a previous youth work charity CEO, experienced Trustee, and his work as a professional leadership coach. We also said a grateful goodbye to Sarah Proctor who stepped down from the board of Trustees in July 2024. Active recruitment for a new Treasurer began during the year, recognising that our current Treasurer will meet our maximum 9 year term limit during the next financial year.
“6 months ago I wasn't leaving the house I was self harming everyday, Golddigger helped me leave the house and somebody actually listened to me and cared” - ‘T’ 16, Sisu
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Funding and Grant Funding
Golddigger Trust is indebted to those individuals and organisations who have supported its work financially during the year.
During the year, Golddigger Trust gratefully received funding (or received notification of grant funding) from a number of grant funders.
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, The Housley Bequest, The Souter Charitable Trust, The May Hearnshaw Foundation, The Sheffield 1000 and The Sembrador Trust.
Gifts in Kind
Golddigger Trust is grateful for the support given through gifts in kind. Gifts in kind were predominantly received to support the move to and the development of the Refinery, Long time supporters C+A Designs provided architectural support and Eversheds Sutherland LLP via LawWorks gave pro bono legal advice for the contracts. Work in the Refinery was co-ordinated and site managed by Henry Boot and included the construction of stud walls by Global Contact Interiors, electrical work which was undertaken by Elecomm and joinery for
the doors and skirting from Barn Oak Developments. A selection of toiletries were provided by I Love Cosmetics and Lush which were given to young people as small gifts as part of their graduation from Golddigger Trust Programmes. Free HR software was provided during the year by My HR Toolkit and leadership coaching for senior staff from McCanna Coaching.
The total value of gifts in kind received during the year was £105,044.
Additional Income
Additional income was received through unrestricted donations, community fundraising and chargeable services, alongside a small amount of trading for fundraising purposes.
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 Taskforce.
This has contributed £280,734 to our income this financial year.
Golddigger Trust is 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 is therefore not accounted for financially within the annual accounts.
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Reserves 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 costs currently equates to around £85,000. These costs will provide sufficient working time and allow for all statutory payments including notice and
redundancy where appropriate, and all necessary occupancy costs. Golddigger Trust cannot use restricted grant and trust income to build reserves and the current level has been built up from Golddigger Trust’s own fundraising and personal donations given to support general activity. Due to prudent financial management, active fundraising efforts, and some staffing changes, we were able to maintain reserves during the year.
Risk Review and Going Concern
Golddigger Trust has undertaken a detailed risk analysis covering all aspects of the operational and strategic objectives. The Trustees regularly review the Trust’s comprehensive risk register and ensure that all systems are assessed for their suitability and further development.
The challenging economic environment and ‘cost of living’ crisis was recognised and discussed by the Trustee Board and Senior Management Team throughout the year, alongside its impact on young people’s wellbeing, the Trust’s fundraising potential, and increased expenditure. The board took steps during the year to review this risk, particularly relating to increasing staff salaries where possible to support them within a challenging financial climate.
During the year there were no safeguarding incidents reported in relation to Golddigger Trust’s work, and a thorough annual review of the Trust’s safeguarding policy was conducted.
Golddigger Trust has taken due note of its responsibilities to provide public benefit and prudent financial management and believes that, as shown in this report, the Trust continues to be a viable going concern into 2024-25, providing invaluable support to young people in Sheffield and beyond.
'The best thing about the course is making friends and feeling more comfortable about myself.”' - ‘C’ 14, I’m the Girl I Want to Be
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Independent Examiner’s Report to the Trustees of Golddigger Trust
27
Independent Examiner’s Report to the Trustees of Golddigger Trust
I report to the trustees on my examination of the accounts of the Golddigger Trust (“the Trust”) for the year ended 30 June 2025 which are set out on pages 29 to 38.
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”).
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.
Independent examiner's statement
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants (FCCA) and a Fellow of the Association of Charity Independent Examiners (FCIE).
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content 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 matter considered as part of an independent examination.
I have no concerns 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 to be reached.
Mr Peter Winter MA FCCA
Winter & Co Chartered Certified Accountant 20 Hallam Grange Road Sheffield, S10 4BJ
23rd April 2026
28
Golddigger Trust Statement of Financial Activities For the year ended 30th June 2025
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total Funds | Restricted | Unrestricted | Total Funds | ||
| Income and endowments from |
|||||||
| Grants and donations |
173,416 | 188,827 | 362,243 | 92,254 | 81,523 | 175,777 | |
| Charitable activities | - | 330,172 | 330,172 | - | 270,885 | 270,885 | |
| Investment income | - | 1,985 | 1,985 | - | 2,057 | 2,057 | |
| Total | 173,416 | 520,984 | 694,400 | 92,254 | 354,465 | 448,719 | |
| Expenditure on | |||||||
| Raising Funds | - | (17,029) | (17,029) | - | (2,751) | (2,751) | |
| Charitable Activities |
(149,825) | (495,350) | (645,175) | (111,112) | (357,888) | (469,000) | |
| Total | (149,825) | (512,379) | (662,204) | (111,112) | (360,639) | (471,751) | |
| Net incoming resources |
23,591 | 8,605 | 32,196 | (16,858) | (6,173) | (23,031) | |
| Total funds brought forward |
7,498 | 130,992 | 138,490 | 24,356 | 137,165 | 161,521 | |
| Total Funds carried forward |
31,089 | 139,597 | 170,686 | 7,498 | 130,992 | 138,490 |
29
Related Party Transactions
Unrestricted donations were made by members of the Trustee board totalling £6,631 during the year (2024: £7,180). No expenses were claimed by Trustees during the year.
Approved by the Trustees on 23rd April 2026, and signed on their behalf by:
Matthew Brook (Chair)
Statement Of Trustees’ Responsibilities
Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Trust’s incoming resources and application of resources during the year and of its state of affairs at the end of the year. In preparing these financial statements, the Trustees have:
selected suitable accounting policies and applied them consistently;
-
observed the methods and principles in the Charities SORP;
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made judgements and estimates that are reasonable and prudent;
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stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepared the financial statements on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation.
The Trustees’ responsibilities include keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and they have determined that the financial statements should comply with the Charities Act 2022. They are also responsible for safeguarding the Trust’s assets and hence for taking reasonable steps for the prevention and detection of fraud and breaches of laws and regulations.
30
Golddigger Trust Balance Sheet At 30th June 2025
| 2025 | 2024 | 2024 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | Total Funds | Total Funds | |||||||
| Current Assets | |||||||||
| Debtors | 9 | 15,060 | 90,402 | ||||||
| Cash in Bank and at hand |
185,065 | 142,048 | |||||||
| Total | 200,125 | 232,450 | |||||||
| Creditors: Amounts falling due witihin one year 10 (29,439) (93,960) Net current assets 170,686 138,490 |
|||||||||
| Funds of the Charity | |||||||||
| Restricted | 11 | 31,089 | 7,498 | ||||||
| Unrestricted | 139,597 | 130,992 | |||||||
| 170,686 | 138,490 |
The financial statements were approved by the Trustees and are signed on their behalf by Matthew Brook on 23rd April 2026.
31
Golddigger Trust Statement of Cash Flows At 30th June 2025
| 2025 | 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | |||||||
| Cash flows from operating activities |
41,032 | (55,748) | ||||||
| Investment income received |
1,985 | 2,057 | ||||||
| Cash in Bank and at hand |
142,048 | 195,738 | ||||||
| Total | 185,065 | 142,048 | ||||||
| Reconciliation of net movement in funds to net cash flow from operating activities | ||||||||
| Net (expenditure)/income for the year |
32,196 | (23,031) | ||||||
| Deduct interest income shown in investing activities |
||||||||
| Change in Debtors |
||||||||
| Change in Creditors | ||||||||
| Net cash flow (used)/generated by operating activities |
41,032 | (55,748) |
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Notes to the Financial Statements For the year ended 30th June 2025
1. Accounting policies
Accounting convention
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 (FRS102), and UK Generally Accepted Practice as it applies from 1st January 2019.
a) Fixed assets
The charity has no fixed assets which are subject to depreciation during the year. Items purchased are charged as expenditure during the year where they have an individual item value under £2,000.
b) Income
Grants and voluntary income is accounted for in the year in which it is received unless receipt has become certain at the balance sheet date. Resources restricted to a specific purpose are carried forward until spent. Other income is accrued as it becomes due.
c) Allocation of costs
Costs directly related to an activity are allocated to that activity. Support costs, which are necessary to deliver an activity but do not themselves deliver that activity, are allocated in proportion to the benefit attributable. Governance costs are those incurred in meeting statutory and constitutional requirements.
d) Stocks
No value is placed on the stock of materials and consumables for future use.
e) Gifts in kind
The charity has received various gifts in kind for items which would otherwise have been purchased for the use of the charity and beneficiaries. These gifts have been valued by the Trustees in line with current market value for equivalent items.
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Continued Notes to the Financial Statements For the year ended 30th June 2025
f) Restricted and unrestricted funds
Unrestricted funds are those which are available for use at the discretion of the Trustees in furtherance of the general objects of 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.
g) Pensions
Retirement benefits are funded by contributions by the charity and its employees to a defined contribution pension scheme, which is financially separate from the Charity.
h) Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount attributable to future periods, calculated pro rata.
i) Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation.
2. Taxation
As a registered charity, the Trust is exempt from tax on income 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.
3. Trustee remuneration and related parties
Trustees are entitled to receive reimbursement of out of pocket expenses incurred on behalf of the Service. No expenses were claimed during the year (2024 - £nil).
No trustees received any remuneration and there are no disclosable related parties.
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Continued Notes to the Financial Statements For the year ended 30th June 2025
4. Trustee donations
The Trustees made unrestricted donations of £6,631 (2024: £7,180) during the year.
5. Grants and donations
| 2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Grants 173,416 28,600 202,016 94,254 15,749 110,003 Donations - 45,219 45,219 - 51,672 51,672 Gifts in Kind - 105,444 105,444 - 5,621 5,621 |
|---|---|---|---|---|---|---|---|
| Gift Aid | - | 9,564 | 9,564 | - | 8,481 | 8,481 | |
| 173,416 | 188,827 | 362,243 | 94,254 | 81,523 | 175,777 |
6. Charitable activities income
| Fees for Services - 303,133 303,133 - 267,542 267,542 |
Fees for Services - 303,133 303,133 - 267,542 267,542 |
Fees for Services - 303,133 303,133 - 267,542 267,542 |
Fees for Services - 303,133 303,133 - 267,542 267,542 |
Fees for Services - 303,133 303,133 - 267,542 267,542 |
Fees for Services - 303,133 303,133 - 267,542 267,542 |
Fees for Services - 303,133 303,133 - 267,542 267,542 |
Fees for Services - 303,133 303,133 - 267,542 267,542 |
|---|---|---|---|---|---|---|---|
| Fundraising Events | - | 27,039 | 27,039 | - | 3,343 | 3,343 | |
| - | 330,172 | 330,172 | - | 270,885 | 270,885 |
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Continued Notes to the Financial Statements For the year ended 30th June 2025
7. Charitable activities expenditure
| 7. Charitable activities expenditure | 7. Charitable activities expenditure | 7. Charitable activities expenditure | 7. Charitable activities expenditure | 7. Charitable activities expenditure | 7. Charitable activities expenditure | 7. Charitable activities expenditure | 7. Charitable activities expenditure |
|---|---|---|---|---|---|---|---|
| 2025 2024 Restricted Unrestricted Totals Restricted Unrestricted Totals Payroll Costs 80,583 305,595 386,178 93,537 323,976 417,513 Staff and volunteer Expenses - 152 152 - 741 741 Training - 1,035 1,035 1,660 4,604 6,264 Rent and room hire 45,032 56,174 101,206 14,050 9,337 23,387 Utilities - 10,223 10,223 - 293 293 Telephone 974 593 1,568 - 971 971 Insurance 1,498 1,968 3,466 - 1,896 1,896 Publicity 294 409 703 - - - Project expenses and Activities 1,685 7,442 9,127 1,536 4,556 6,092 Gifts in Kind - 105,444 105,444 - 5,621 5,621 Website and IT Support - 789 789 - 896 896 Large computer and office equipment 18,604 1,155 19,759 - 422 422 Miscellaneous office costs 1,155 3,676 4,831 329 3,981 4,310 |
|||||||
| Governance - Examiner’s fee |
- | 695 | 695 | - | 595 | 595 | |
| 149,825 | 495,350 | 645,175 | 111,112 | 357,889 | 469,000 |
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Continued Notes to the Financial Statements For the year ended 30th June 2025
- Staff costs
| 8. Staff costs | 8. Staff costs | 8. Staff costs | 8. Staff costs | 8. Staff costs | 8. Staff costs |
|---|---|---|---|---|---|
| 2025 2024 £ £ Wages and Salaries 338,656 381,006 Employers National Insurance 33,673 30,414 |
|||||
| Employers Pension Contributions | 13,849 | 6,093 | |||
| Total | 386,178 | 417,513 | |||
| Average number of staff during the year (FTE) |
11.9 | 12.9 |
No employees earned more than £60,000 in either year.
Key management personnel for Golddigger Trust is defined as the Senior Leadership Team (SLT), comprising of the Chief Executive (0.8 FTE) and Creative Director (0.8FTE). The total combined employee benefits including salary totalled £57,355 (2024: £54,518).
| 9. Debtors 2025 2024 £ £ Trade Debtors 2,118 88,032 Gift Aid Recoverable 2,082 1,490 Prepayments and Accrued Income 10,860 880 |
9. Debtors 2025 2024 £ £ Trade Debtors 2,118 88,032 Gift Aid Recoverable 2,082 1,490 Prepayments and Accrued Income 10,860 880 |
9. Debtors 2025 2024 £ £ Trade Debtors 2,118 88,032 Gift Aid Recoverable 2,082 1,490 Prepayments and Accrued Income 10,860 880 |
9. Debtors 2025 2024 £ £ Trade Debtors 2,118 88,032 Gift Aid Recoverable 2,082 1,490 Prepayments and Accrued Income 10,860 880 |
9. Debtors 2025 2024 £ £ Trade Debtors 2,118 88,032 Gift Aid Recoverable 2,082 1,490 Prepayments and Accrued Income 10,860 880 |
9. Debtors 2025 2024 £ £ Trade Debtors 2,118 88,032 Gift Aid Recoverable 2,082 1,490 Prepayments and Accrued Income 10,860 880 |
|---|---|---|---|---|---|
| Accrued Income | - | - | |||
| 15,060 | 90,402 |
37
Continued Notes to the Financial Statements For the year ended 30th June 2025
11. Restricted Funds
| 11. Restricted Funds | ||||
|---|---|---|---|---|
| Brought Forward | Income | Expenditure | Carried Forward | |
| £ | £ | £ | £ | |
| Boeing - 26,662 26,662 0 |
||||
| Benefact Trust - 17,500 13,624 3,876 |
||||
| Children in Need 7,498 29,948 29,948 7,497 |
||||
| Sheffield City Council (Universal Youth) - 12,500 12,500 0 |
||||
| Sheffield Children's Hospital Charity - 12,514 12,514 0 |
||||
| Freshgate Foundation - 2,000 2,000 0 |
||||
| The Talbot Trust - 3,000 3,000 0 |
||||
| J G Graves Foundation - 2,000 2,000 0 |
||||
| The Gavins Foundation - 6,434 6,434 0 |
||||
| HSBC SOC - 10,000 10,000 0 |
||||
| The Hedley Foundation - 2,000 657 1,343 |
||||
| Hollowford Trust - 2,500 2,500 0 |
||||
| Morrisons Foundation - 9,160 9,160 0 |
||||
| Sheffield Mutual - 144 144 0 |
||||
| Sheffield Town Trust - 4,000 4,000 0 |
||||
| Shifting Gears - 27,556 9,184 18,372 |
||||
| The National Lottery Community Fund - 5,000 5,000 0 |
||||
| Yorkshire Young Achievers Foundation - 500 500 0 |
||||
| TOTAL | 7,498 | 173,416 | 149,825 | 31,088 |
| Previous year for comparison £ £ £ £ Boeing - 28,046 (28,046) - |
£ | £ | £ | £ |
| Charles and Elsie Sykes Trust - 2,500 (2,500) - |
||||
| Children in Need - 7,498 - 7,498 |
||||
| Didymus 1,293 - (1,293) - |
||||
| Sheffield City Council (Universal Youth) 14,635 2,500 (17,135) - |
||||
| SToRMS 8,161 - (8,161) - |
||||
| Sheffield Children’s Hospital Charity - 37,541 (37,541) - NHS Charities Together 268 16,169 (16,437) - Total 24,356 94,254 (111,112) 7,498 |
||||
| 24,356 | 94,254 | (111,112) | 7,498 |
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Golddigger Trust is a Registered Charity in England and Wales (CIO) Number 1166191.