CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, annual report (including Directors, report) for the period Period stan date Peiiod end date From January 2020 To 31 December 2020 Charity name The Group-based Open Learning Discipleship Project Registered charity number lif anvl 1166567 Objectives and activities Srnmary of the purposes of the charity as sel out in ils governing do¢umenl The objects of the CIO are". 01 the advancement of the Christian religion both in the United Kingdom and in other parts of the world by.. lal the provision of interactive self-study courses and programmes to be undertaken at home but supplemented and SL5PPOrted by a tutor and interactive group discussions designed to increase understanding of the Bible, Christian doctrir)e and related subjects and thereby better equip students for discipleship, ministry Iwhether ordained or layl and mission in various Christian denominations., Ibl such other exclusively charitable means as the trustees may from time to time determine. 121 the advancement of education by assisting in the training of men and women in their understanding of the Christlan religion to equip them better for discipleship, min Istry (whether ordained or layl and mission in various Christian denominations. Summary of the main activities In relation lo those purposes for the public benefi't. in particular, the 8clivilies, projects or services iéenlified in the accounts. In order to help Christians grow and apply their faith at home, in the church and society, the GOLD project: al provides interactive learning resources to enable systematic study of the Bible and other theological subjects., bl appoints and trains tutors to organise and run local study groups.. cl runs regional study days for the benefit of students, tutors and other Christians., dl publicises its activities and runs promotional events in local churches. Statement confiming whether the trustees have had gard lo the guidancè issued by the Charity Commission on public benefi't The COLD Project is established for the benef it of the public in the areas of education and the advancement of the Christian religion. In setting up the charity, the trustees consulted with the Charity Commission in both of these areas. The Charity seeks to follow best education31 practice and is en to work with various Christian denomination GOLD Project Trustees. annual report for the period.. JanLtary I" to December 31" 2020
Page2of6 Additional information (optional) YOLJ may choose lo Include further slalement5 where relevant about. Policy on grant making Policy on soci31 investment including program related investment As roported in previous years, the charity maintains a policy on grantmaking to ensure transparency and openness in assigning bursaries from the restricted fund (the Monica Fund) ser up for this purpose (December 20151. This policy was reviewed and revised by the Trustees in September 2019. The Trustees continue to invest a significant amount of the GOLD Project assets Ic£47,8601 in an Ethical Investment Fund. In 2019, the Trustees have also decided to pursue a policy to ensure that paper and resources used in course materials take into consideration their environmental impact. The graphic design of new courses has deliberately sought to consider issues faced by learners with dyslexia and dyspraxia. Each learning group is tutored by voluntary tutors who are appointed based on their theological qualifications and their experience. For each new tutor references are sought. Trair)ing is given to Tutors on a regular basis. Contribution made by volunteers Other The Director thStSie GQI D Proj£.( I qiJ('.5 2 1. Achievements and erformance Summary of the main achievements of the charity, identifying the difference the charity s work has made lo the ircumStanS of its beneficiaries and any wider benefits lo society as a whole. aayS por v%'e?k as ,3 volu nteer. The GOLD Project's main activity in 2020 has been to continue to suppoit the learning of our Study Groups by providing materials and supporting the voluntary tutors who run the groups. From March 2020, we faced significarTrt challenges as our face-to-face learning groups were not able to continue owing to the coronavirus pandemic and subsequent lockdown. The immediate effect was that all bLJt four of our study groups suspended their studies until they were able to find alternative, online ways of meeting. We were able ro conduct two meetings on Zoom for our GOLD Leaders to encourage them to run their groups online. By September the number of groups meeting online had risen to seven with the hope of more groups running in the coming year. In the course of the year, we have been following up with various opportunities to connect with Dioceses, theological colleges and churches to make our courses more widely known. We have three significant contacts with chaplains in different prisons that we hope to follow up in the coming year depending on restrictions with rhe pandemic. We have also begun running Taster Sessions online for those interested in studying our courses. Coronavirus also affected our regular study days and we were forced to cancel the Study Day in June and postpone the Study Day planned for October. This will be rescheduled for next year. With lockdown, we transferred all our office work and administration so that it wa5 POS5ible to work from home. Subsequently, we moved our office from Stockton House in Fleet, to Bristol with our administrator working remotely from home near Oxford. Owing to generous regular donations, we have been able to employ 3 part-time course editor to help us make new courses available in partnership with SEAN UK and in line with our strategic plan to offer COLJrses at three levels. GOLD Project Tru5tees' annual report for the period.. January I" to December 31" 2020
Page3of6 Additional infornation (optional) You may Ghoose to include further statements where relevant about.. Achievements against Within the constraints of lockdown and restrictions as a result of the objectives set coronavirus pandemic, our goals for 2021 will be focused around taking Perfomiance of fundraising forward the following strategic objectives.. activities against objectives set Course design and reformatting - Completior) of the Investment performance redesigning and reformatting the remaining SEAN courses to againsl objectives match the brand template,. begin to reformat GOLD'S present courses to match the new brand. Other t2ecruiting and training group leaders- Finalise strategic steps for Level I, Level 2 and Level 3 'GOLD leader, training and begin to implement. Encourage our present GOLD Leaders and trustees to identify potential 'group leaders, in their groups and churches- Working with church leaders, dioceses and others to ider)tify and train potential 'GOLD leaders, especially at Level I and Level 2.. Identify and develop links with organisations/networkslchurches to select and train grou p leaders. Promotion among national and local churches - Harness the potential of our GOLD Leaders and students past and present to Promote the courses in their churches,. Promote'snapshots from the Life of Christ. as a taster course (perhaps for Lentl., Make Ljse of newly designed ISEANI courses create new connections for discipleship at Level l and 2. Course development and revision Incorporating new assessment into Discover Christian Living l and 2 land reforniattingl,. Revision land reformatting) of part two of Prophecy in the Old Testament (New title." Flecovering God's Vision 21. Financial review Review of the charity s financial position at the end of the period During Ihe accouniing period, the GOLD Project had total receipls or £7,452 lup from £6,464 in 20191. Receipts from course fees and stLJdy days were £3,460 (down from £5,516 in 20191. In accordance with the Trustees plan to invest our assets in the development of GOLD Project, the total payments for 2019 were 5,23] lup from E13.9041. Of this amoLJnt, the Trustees invested £2,865 in specif ic developmer)t activities including graphic design, course formatting and a r)ew website. The Trustees also decided to employ a part-time editor on a one year contract starting in September for a total of £5400 lofwhich £1,800 has been spent in the current ear Statement explaining ihe policy for holding reserves stating why they are held On 18th September 2017. the Trustees of GOLD Project agreed a policy to hold six months. operating costs as reserves. The budget for 2021 anticipates a total annual operating expenditure of £18922 which means that the reserve for the comin ear should be set at £9,461 Unrestricted Cash funds at 31n212020 were." £4,394 Restricted Cash funds (editor's salary + bursary) at 31n212020 were.. £3,400 COIF Ethical Investment fund at 31h82019 was valued at.. £47,860.26 N/A Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit NIA GOLD Project Trustees, annual report for the period: January I'to December 31" 2020
Page4of6 Explanation of any uncertainties about the charity continuing as a going concern As Trustees, the global coronavirus pandemic had a significant impact on our activities in 2020. However, owing to generous donations and changes in our operations we are confident that we can minimise the impact of this in 2021. As it stands, we are confident that we have adequate reserves and assets to ensure that our charity continues to be a going concern. While the Trustees have committed to invest our assets in strategic aspects of developing the GOLD Project. there is presently no concern about the charity 35 a going concern. Additional inforniation (optional) You may choose to include further statements where relevant about. The charity s principal sources of funds (including any The Charity's principal source of ongoing funds are the fees charged to fundraising) students for studying courses and attendance at Study Days. In addition to sm311 group of donors who give regularly to the work of the charity, we have had significant commitments from individual giving towards the salary of a part-time editor in 2021. We have agreed to partner with SEAN International in the coming year in the graphic design of some of our courses. Investment policy and objectives includng any social investment policy adopted GOLD Project received a significant donation at its inception. A significant part of this has been invested in COIF Ethical Investment fund in keeping with the values of the Charity. The Charity will seek to use its assets in furtherin the aims and ob'ectives of the GOLD Pro ect. A description of the principal risks facing the charity The prir)cipal risks facing the charity are the ability to recruit, train and retain suitable leaders to ensure tho consistent quality of the learning experience. Ongoing challenges face the charity in persuading churches and individuals to invest time and money in significant study of the Bible and other Christ13n disciplines at a time when people face the pressure of time and finances. The GOLD Project seeks to develop significant links with national and local chLJrchesto miti atea ainst these risks. Other Structure, overnance and mana Description of charity's trusts.. Type of governing document.. ement emDrandum and articles of dSSO¢iation etc Constitution (Charitable Incorporated Organisation 20161 How is the charity constituted? for example limited company, unincorporated association. c.10 Charitable Incorporated Organisation Trustee selection methods including details of any constitutional provisions e.g. election lo post or name of any person or body entitled to appoint one or more trustees Additional infomiation loptional) You may choose to include further statements where relevant about.. Trustees GOLD Project Trustees, annual report for the period: January I" to December 31" 2020
Page5of6 Policies and procedures adopted for the induction and training of trustees The charity's organisational slructure and any wider network with which the charity works Our membership of Advice for the Voluntary Sector Inow renamed Trust Advicel has given us access to Trustee train ing in significant areas of governance. GOLD Project seeks to work with various churches but has no formal connection with any partiCLJlar denomination. In the course of the year, the charity has sought to strengthen and establish links with the Church of England and various dioceses. GOLD Project has a formal agreement with SEAN UK to offer their COLJrses at different levels for use by local churches. We have also a9Teed to partner with SEAN International for the ra hic desi n of some of our courses. Relationship with any related parties Other Reference and administrative details The Group-based O GOLD Pro ect Charity name Other name the Gharity uses Registered charity number Charity's principal address en Learnin Disci leship Pro ect 1166567 10 Moorend Gardens, Lawrence Weston. Bristol BSII OJ L Names of the charity trustees who manage the charity Name of person lor body) entitlèd to appoint trustee lif an Trustee name Offlcè Ilf any) Dat¢$ aetèd if not for whole year Rev Drjohn Nolland Chair Trustees Mrs Samantha Dorothy Hands Trustees Rev Dr George Michael Butterworth Retired September 2020 Trustees Dr David Mark Ball Director/ Secretar Trustees Ben Stansfield Trustees fiev Christopher Jolyon Tricke Trustees Mrs Victoria Kim Adamson Trustees Cor orate trustees - names of the directors at the date the re ortwasa roved Oirector name NIA Name of truslees holdin title to ro rt belon to the charit Trustee name Dates acted if not for whole year NIA Funds held as custodian trustees on behalf of others N/A Description of the assets held in this capacity GOLD Project Trustees, annual report for the period.. January I" to December 31" 2020
Page6of6 Name and objects ofthe charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional information {optionall Names and addresses of advisers {optional infomiation) of adviser Name Address NIA N/A Voluntary Sector Advice Trust Advice CIC Iformerly Advice for the Voluntary Sector) Name of chiel executive or names of senior staff members Dr David Mark Ball (Director Unit 2, The Broadbridge Business Centre, Delling Lane, Bosham, P018 8NF tional infomiation Exemptions from disclosure Reason for non-disclosure of ke ersonnel details NIA Other o NIA tional information Declarations The company has taken advantage of the small companies. exernption in preparing the report above. The trustees declare that they have approved the trustees, report (including directors, report) above. Slgned on behalf of the charl Signaturels) Full namels) Position {for example Secretary, Chair. etcl Date 's trusteesldirectors John Leslie Nolland David Mark Ball Chair Director 19th JurTre 2021 19lh June 2021 GOLD Project Trustees, annual report for the period.. January I'to December 31" 2020
The GroubaB Own L•arnlhg Olici•ShIp [GDI Chrity nurnbor 1166$67 R•c•ipts ad P#>Tn•nts Ac¢ounkn thIlI•d1d 31 Dlb 2020 202 2020 1020 2020 2019 Fund fvknc4 Fund IUnre#ndÉdl IRe$triLledl G•nval Fund IutriGted1 Salary Monlca Funo IRMirt¢tI TOTAL RerAIpii". Dwaiion TOTAL .00 160.00 3.460.00 2.500.110 47&00 3,340.00 635.00 Jh60.00 780.ot 180 00 4.524.82 992.00 7S0.01 16D.UQ 4.524.82 992 DO Couise leES siudy dÈyfBe Bank Inteiast Tot•1 recelpti 7.38 4A7S.38 $A6 7,452A6 3.66 1975.ttyj 6,460 75 6.464 41 P•ym•nts.. C(vrSe pnnting 8 CArsefee refunds T[gUpp sYa¥s Putrdirjlv & marking Otfité r¢rt Qher P4st4ge. & slationery RoYtieS AdministTabon yupport Tax reEovaiatrAe Insur3n Trawd & GOLD IStetS expense &meEbng CNI8 Bank Ch4T9es PrOfe5510n $erwce$ Devdaprnenist Web%t•. brandity gwthlcdIn 1.•16.84 1.906.84 2,697.77 2.897.77 147AB 147.41 169.70 909.65 530 69 600.00 449.22 206 20 169 70 909 65 530 89 600.00 449.22 206.20 400.79 480.00 $06.28 4.29 4BQ.00 506.28 441.29 9D.00 7.200.00 225.tS 2S8.95 6.40 1M.20 66.15 180.00 5.280.OD 5.280. 225.16 158.95 86A) I20 66.15 1.00 244 93 18842 363 70 60.OD 244 93 1B842 363 70 60.00 260.90 2.614.98 280.00 90S.1S 1.DSO.OD 248 49 13.903.92 905.1S 1.050.00 248 49 Coursewntiw and devdopment ym•Trts 1J.301.61 I,eoo.o Asxt purthases." CLYnprt¢requipmt Totsl 129.00 13N30.51 129.00 15.2JO.$1 I00.0 13.gJ3.92 13.3 92 Nqtof re¢•lptllpa•Thts1 Tr4nsf•rA b1?• funds Cash fund5 lèst year end Csh fundsthts yOr•nd 1.•65.13 20.OD lJ,329.67 4.394A4 1,175.00 2.08 7.7786 7,443.17 125.00 20.547.74 3.66 125.00 2.463.16 2.341.82 7,435.$1 20.00 2,341.B2 2.323.•0 16.671.JY 7.093.34 1,176.00 15,671 39 Thè 0rt Lvrnwy IGOLDI Prw Ch•rity numb•r1106507 St•t•Dontotui•ts IlablM•A M #31 DIenb•r21I2o 202 2QZ 2QZO 2020 2018 201$ 2019 Genèr41 IUnr•Btrlciedl s•1 Support Monlc• Fund IR•strktodl IR••trfct•dl Gener Fund Monica Fun¢ IUDresknctÈdl ¢Rostred) TofAL TOTAL Bank acwuttt Savin9$ PEhy cash C4sh lunO•thlsywnd 328.73 4,060.28 43 4.3MA4 1,175.00 1.$03.73 6.3B4.18 SAJ 7,893.34 795 33 12 $32 90 795 33 14.874 72 Z,32J. 2.341 82 1.175.00 2.323.YO 13,329.57 2.341 82 In¥•Jtffl¢nt i•t.. COIF Ch•rti¥ Ethicd InVBgtfflf Fund 44.4J9.7D 3.420.66 47.88o.26 Tht InvÉsiMert was purchAssd ID Decembw 20171£3S.0oO, mTket v4ue al 31 O¢pmber2020 wa$ e47,860.26 1£43,730.961 40.605.52 3.125.44 43.730 96 Oth•ruuts.' 31 OcembBT 2020, fixed 4s¥etJ pnnciplympe compmerequigmenl ttostirt9 £1.119.71 and office luTnrtUTe. Them suThJryotheT babe$. sr•n¢é Mgiedd. 1 TheGl OnLenDl4epiGtsTrP¢C1 11 a ChaTht MgisiÈred 15W12D16. 3 Iniew ol 2D20ltsf•tfwTh iThJwererrt•xamNWth nrespett 31 Dr2?9Wls £Ir$VAT. EllO1. 4 ThE"M1Cl Fu"W)eSt4blmd Th• lSlow1#tWKll are nG(XD row4es actyÈ r&idiro 5, Inas&otwl¥d pvwrts ThBhrts wantédtO¥tt¥¥JGOLD S. DwatS Iftsi hpvpbeenf•t•iYed 45D 8KJned on bEh41d th•tlutew on