## |||Office (lfany)|Datee acted Ifnot forwhole
ar|Name
toa|ofperson (or body) entitled
lnt trustee
Ifan|ofperson (or body) entitled
lnt trustee
Ifan| |---|---|---|---|---|---|---| ||Robert Stevens|Chair||||| ||Crossland|||||| |2|Joanne Duncan|Vice-Chair||||| |3|Judith
Dumbrell|Treasurer||||| |4|John Green|||||| |5|Howard Stevens|||||| |6|Larry Sharma|||||| |7|Geoffrey Tate|||||| |D|escription|ofthe charityjs tru|ofthe charityjs tru|sts|sts| |---|---|---|---|---|---| ||Type|of governing
document||Constitution|| ||How the charity is constituted||||Charitable
Incorporated
Organisation| ||Trustee selection methods|||All new|Trustees that are voted onto the Board already possess extensive| |||||and comprehensive
experience
in their previous
fields ofwork.
They bring|| |||||their
own
skill set and
have
capacity
to support
the business
through|| |||||Board|attendance
and contribution.
If training
is needed
our organisation| |||||will provide the training
and match existing
skill set to business needs.|| |Additional||governance
issues||(Optional|information}| |You may choose to include
additional
information,
where
relevant,
about:||||~|All Trustees,
when
appointed
are
given
White
Gold
Cornwall's
policies and procedures.
They are requested
to read and confirm
that they have done so.
Each member
of the Trustee
Board has
responsibility
for certain
policies which
are shared
between
them| |~|policies|and procedures|||given their experience
in that field. These are reviewed
annually.| ||adopted|for the induction|and||| ||training|oftrustees;||~|All Trustees
give of their time freely and no trustee
remuneration| |~|the charity's
organisational||||was paid this year.| ||structure
network
works;|and any wider
with which the charity||~|Structure
and Decision
Making: White
Gold Comwall
is managed
by an elected Board of Trustees. The Board makes decisions about
policy ratification,
revises the business
plan and strategic
direction| |~|relationship
with any related||||of the organisation,
as well as deciding
the budget
and monitoring| ||parties;||||income
and
expenditure.
The Board
also
reviews
the
charity's| |~|trustees'
consideration
of
major risks and the system
and procedures
to manage
them.||||delivery
against
its
aims
and
objectives
and
supports
the
management
with recruitment,
promotion
and retention
of staff and
volunteers.
Board members
may also form sub-groups
relating
to
policy and procedural
development
as and when required.| |||||~|There
is a management
team of the CEO, Operation
Managers| ||||||(East and West), ONce Manager
and a new position
of Service| ||||||Support
Manager
which was created
in 2021. They deal with the| ||||||day to day running
of the Charity,
overseen
by the Trustee Board.| ||||||Our Chair of Trustees
regularly
attends
the weekly
management| ||||||meeting
along
with another
Trustee
for transparency.
Due to the| ||||||COVID restrictions
we started
to meet via Zoom which
has been| ||||||effective and more eNcient on time and cost.| |||||~|Our
Patron
is Colonel
Edward
Bolitho,
the
Lord
Lieutenant
of| ||||||Cornwall
who is involved
and updated
on a regular basis.| |||0 ~
~
0| |---|---|---| |||The objects ofthe ClO are:| |||1) Toactas a resourcefor
young people up to the age of 30 living| |||in
Cornwall
and
the
Isles of Scilly
by
providing
advice
and
assistance
and
organising
programmes
of physical,
educational| |||and other ac5vtties as a means of:| |||(a) advancing
in life and helping
young
people by developing
their skills,| |||capacities
and capabilities
to enable
them to participate
in society as| |||independent,
mature and responsible
individuals;| |||(b) advancing
education;| |||(c) relieving
unemployment;
(d) providing
recreational
and leisure time activity
in the interests ofsocial| |||welfare for people
living
in the area of benefit who have need by reason| |Summary ofthe obJects ofthe
charity set out in its||of their youth, age, infirmity
or disability,
poverty or social and economic
circumstances
with a view to improving
the conditions
of life of such| |governing|document|persons.| |||2) To promote social inclusion
for the public benefit by preventing
people
from
becoming
socially
excluded,
relieving
the needs of| |||those
people
who
are socially
excluded
and
assisting
them
to| |||Integrate
into society.| |||For the purpose
of this dause
'socially excluded'
means
being exduded| |||from
society,
or parts
of society, as a result
of one of more
of the| |||following
factors:
unemployment;
financial
hardship;
youth;
ill
health| |||(physical
or mental);
substance
abuse or dependency
including
alcohol| |||and drugs;
poor educational
or skills attainment;
relationship
and family| |||breakdown;
crime (either as a victim of crime, as an individual
at risk of| |||becoming
involved
with the Criminal
Justice System
or as an offender| |||rehabilitating
into society).| |||White
Gold
Comwall
provides
1:1
mentoring
for
the
most
at| |---|---|---| |||risk/vulnerable
children,
young
people
and
young
adults
throughout| |||Comwall and the Isles ofScilly.| |||This is brought
by a strong,
diverse
and experienced
team
operating| |||throughout
Comwall.
Our work builds on forming a relationship
with the| |||young
person and addressing
the needs and concerns
highlighted
in the| |||referral document.| |||The length of support
varies with each individual
—each young person is| |Summary
ofthe main
activities undertaken
for|the|considered as their own individual
and specific targets are set with them.
We have
worked
with a young
person
for 5 years,
throughout
their| |public benefit in relation to
these objects (include within||secondary
education
but as little as 6 weeks
in order to overcome
more
manageable
issues.| |this section the statutory
declaration
that trustees|have|Issues we support
with are overcoming
a lack of self-confidence,
self-| |had regard to the guidance
issued by the Charity
Commission
on public||esteem,
improving
health
and
mental
well-being,
physical
and
mental
abuse.
We also support
and
signpost
those
young
people
who are
struggling
with drug and alcohol mis-use.| |benefit)||| |||We
aim
to
help
prevent
the
young
people
from
becoming
socially| |||excluded
within their own families, peers and communities.
We work with| |||communities
to
partner
with
them
to
promote
public
safety
and| |||reintegration
for the young people.| |||The Trustees
confirm that they have referred to the guidance
contained| |||in the Charity
Commission's
general
guidance
on public
benefit
when| |||reviewing
the
Charity's
aims
and
objectives
and
in
planning
future| |||activities and setting the grant making
policy and budget for the year.| |Additional
details ofobjectives||and activities (Optional
information)| |You may choose to include||| |further statements,
where
relevant,
about:||White
Gold
Cornwall
have
been
supported
by volunteers
in previous
years.
However, due to COVID we had no active volunteers
during 2021.| |~
policy on grantmaking;||| |~
policy programme
related||| |investment;||| |~|~|~|||a
a
a
r
s
~
~|| |---|---|---|---|---|---|---| |Summary||ofthe||main||| |achievements
ofthe charity
during the year|||||During 2021 White Gold Cornwall
supported
97 children,
young
people
and young
adults
throughout
Comwall.
Of these, 19were female. This|| ||||||number
has decreased
since 2020, only
slightly
due to the
ongoing|| ||||||restrictions
placed by COVID together
with a reduction
in the Social|Care| ||||||budget for support.|| ||||||We continued
to support
1:1 with
our
young
people,
face to|face,| ||||||following
our policies, procedures
and guidance.
This, in part, allowed us|| ||||||to receive emergency
funding
and grants to support us during this year.|| ||||||We have seen an increase
in partnership
working
and
referrals|being| ||||||received
under the National
Lottery funded
Building
Better Opportunities|| ||||||Game
Changer
Programme
(BBO)
managed
by
Real|Ideas| ||||||Organisation
(RIO).|| ||||||Our Contract has been extended
into 2022 to complete this Project.|| ||||||As stated above we have been able to appoint a new Service Support|| ||||||Manager
who
is
our
designated
Safeguarding
Officer/trainer,|Data| ||||||Protection
Ofhcer,
overseer
of
our
policies/procedures
and|risk| ||||||management.|| ||||||We have also appointed
3 new contracted
workers
to strengthen|our| ||||||team ofengagement
workers.|| |4||||||| ||~|||||| ||||||The Trustees
aim to maintain
free reserves
in unrestricted
funds|at a| |Briefstatement||||ofthe|level
which
equates
to approximately
3 —6 months
of unrestricted|| |charity's||policy||on reserves|charitable
expenditure.
The Trustees consider that this level will provide|| ||||||sufficient
funds
to respond
to applications
for grants
and ensure|that| ||||||there
are sufficient
funds
available
to cover support
and
governance|| ||||||costs.|| |Details ofany
in deficit|||funds materially||None.|| |Further|financial|||review details|(Optional
information)|| |You may choose to
additional
information,
relevant about:|You may choose to
additional
information,
relevant about:|include
where|include
where|Although
our accounts
show a slight deficit in our financial
position,
we
look at 2020 and see that we had a F32,000 credit of funds
that were
raised
in 2020 but to be used
in 2021. Therefore,
taking
both years into| |---|---|---|---|---| |~|the charity's
principal
sources offunds (including|||account we have a surplus
of R25,000 overall
from the 2 years and
will
take some ofthat into 2022.| ||any fundraising);|||| |~|how expenditure
has
supported
the key objectives
ofthe charity;|||2021 has continued
to be a successful
year for White Gold despite the
ongoing
period of COVID, both
in terms of supporting
young
people and
also in terms of continuing
to obtain
funding.
One of the key factors
in
enabling
both was the decision to continue
offering
services to young| |~|investment
policy|and||people and remain operational
throughout.| ||objectives including||any|| ||ethical investment||policy|We again received support
from local businesses
and organisations
who| ||adopted.|||wanted
to continue
the work that had been commenced
from 2020. We| |||||were able to receive the final cheque
for the 2020 fundraising
activities| |||||through
Perranporth
Golf Club in the sum of6802.34 in June of2021.| |||||Cornwall
Community
Foundation
continue
to be a great encouragement| |||||to White
Gold and
with
varying
grants
we have
continued
supporting| |||||some ofthe young
people when funding
from other sources has ceased.| |||||This has been vital to continue
their journey back into education,
training| |||||or the community.| |||||We remain
afmiated
to Local Giving
and
this
provides
an accessible| |||||platform
for donors and organisations
to donate tothe charity.| |||||Our sponsors
confirmed
their willingness
to continue
with
their annual| |||||financial
support
for White Gold ofF8,000 into 2022. This has helped
us| |||||with our ongoing
core costs and has been a lifeline to freeing
up other| |||||finance for those young people without financial support.| ## ## ## ## ## ## ||||Page| |---|---|---|---| |Independent|examiner's
report||| |Statement of|financial|activities|| |Balance sheet|||| |Notes to the financial||statements|4-10| ## ## ## |||Iyofe|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||Funds|Funds|2021|2020| |Income||||||| |Income from:||||||| |Donations
and legacies|||21,095||21,095|27,093| |Charitable
activities||||||| |Sessional work|||129,896||129,896|121,665| |Grants||||16,925|16,925|26,137| |Investments||||||3| |Total|||150,991|16,925|167,916|174,898| |Expenditure||||||| |Expenditure
on:||||||| |Raising funds|||137||137|155| |Charitable
activities||6|143,422|31,197|174,619|143,141| |Total|||143,559|31,197|174,756|143,296| |Net income/(expenditure)|||7,432|14,2/2)|(6,840)|31,602| |Transfers between|funds||(4)|||| |Net movements
in|funds||7,428|(14,268)|(6,840|31,602| |Reconciliation
offunds:||||||| |Total funds brought|forward||59,736|1&,035|77,771|46,169| |Total funds carried|forward||67,164|3,767|70,931|77,771| ## ## ## ## ## ## ## ## ## |||2021|2020| |---|---|---|---| ||||f| |Donations||18,364|15,865| |HM Revenue|&Customs lob Retention Scheme|2,731|11,228| |||21&095|27,093| ## |4|Charitable|activities||||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|2021|2020| |||||||f|E|f| ||Sessional|work:||||||| ||Income||||121,250||121,250|109,619| ||Victim Care Unit work||||3,646||3,646|5,046| ||BBO||||5,QOO||5,000|7,QOO| ||||||129,896||129+96|121,665| ||Grants:|||||||| ||Worval Foundation|||||S,OOO|5,000|| ||Cornwall|Community|Foundation|||9,474|9,474|15,429| ||Cornwall|Community|Foundation|- Carew Pole Trust||2,000|2,000|| ||Cornwall|Community|Foundation|-Worval Foundation||451|451|| ||«lwilifund|||||||5,000| ||Together|For Families||||||708| ||The Duchy Health Charity|||||||5,000| |||||||16,925|16,925|26,137| |5|Income from|investments|||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|2021|2020| |||||f|f||f| ||Bank interest|receivable|||||| |6|Expenditure|on charitable|activities||||| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|2021|2020| |||||||E|f| ||Support costs|||40,273|810|41,083|26,058| ||Sessional work|||103,149|30,387|133,536|117,083| ||Total expenditure|||143,422|31,197|174,619|143,141| |7|Net income|for the year|||||| |||||||2021|2020| |||||||f|f| ||This is stated|after charging:|||||| ||Operating
leases|||||2,600|2,600| ## ## |Staff numbers
and co|sts||||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2020| |The average number ofpersons employed|||by the charity during the year||||||| |was as follows:|||||||||| |Charitable
actiwties|||||||||| |Management
and administration|||||||||| |The aggregate
payroll|costs of these persons were as follows:||||||||| |||||||||2021|2020| |||||||||6|f| |Wages and salanes||||||||89,346|68,538| |Socia( security costs||||||||4420|2 947| |Pension costs||||||||665|396| |||||||||94,431|71,876| |No employee
received|emoluinents|of more than 860,000during the year (2020: none).|||||||| |Total key management|personnel|remuneration||in the year|was 834,896(2020:E33,690}.||||| |The charity contributes
to a defined contributions
pension scheme. The||||||assets of the scheme are held separately|||| |from those ofthe chanty
in an independently||||administered|fund. At the|year end, 6142|was outstanding|(2020:f78).|| |Pension contribution|expenses have been||allocated between||restricted|and unrestricted|funds on the basis of time||| |spent on those activities relating to the fund by the relevant|||||staff members||||| ## |9|Debtors|||| |---|---|---|---|---| ||||2021|2020| ||||6|f| ||Trade debtors||12,381|11,207| ||Prepayments||379|| ||||12,760|11,207| |10|Creditors: amounts|fa(f}ng due within one year||| ||||2021|2020| ||||6|f| ||Trade creditors|||237| ||Accruals||758|874| ||Taxation and Social|Security|1,238|840| ||||1,996|1,951| ## ## ## |Current y|ear:|||||||| |---|---|---|---|---|---|---|---|---| |||||Brought||||Carried| |||||forward|Income|Expenditure|Transfers|forward| |||||f|E|E|E|E| |Restricted funds||||||||| |Worval Foundation||||||{4,423)||577| |StJames|Palace|||5,821||(5,825)||| |Cornwall|Community|Foundation||5,214|9,474|(14,688)||| |Cornwall|Community|Foundation||||||| |- Carew|Pole Charitable||Trust-|||||| |Cornwall|Community|Foundation||||||| |- Worval|Foundation||||451|(451)||| |Alwillfund||||||(5,000)||| |Training|fund|||||(810)||1,190| |||||18,035|16,925|(31,197)|4|3,767| |Designated
funds||||||||| |Salary fund||||35,000|||15,000|50,000| |Operating|commitments||fund|2,400|||(200)|2,200| |||||37,400|||14,SOO|52,200| |General|Funds|||||||| |Unrestricted
Income||Fund||22,336|150,991|(143,559)|(14,804)|14,964| |Total Funds||||77,771|167,916|(174,756)||70,931| |The purposes ofthe||above funds are as follows:||||||| ## ## ## ## |Prior year:||||||||| |---|---|---|---|---|---|---|---|---| |||||Brought||||Carried| |||||forward|Income|Expenditure|Transfers|forward| |||||E|E|f|f|f| |Restricted funds||||||||| |GWR Fund||||3,560||(3,560)||| |StJames Palace||||8,664||(2,843}||5,821| |Cornwall
Community||Foundation|||15,429|(10,215)||5,214| |¹lwilifund|||||5,000|||5,000| |Together
For|Families||||708|(708}||| |Training fund|||||2,000|||| |||||12,224|23,137|(17,326)||18,035| |Designated
funds||||||||| |Salary fund||||27,000|||8,000|35,000| |Operating
commitments|||fund|2,300|||100|2,400| |||||29,300|||8,100|37,400| |General Funds||||||||| |Unrestricted|Income|Fund||4,645|151,761|(125,970)|(8,100)|22,336| |TotalFunds||||46,169|174,898|(143,296)|-|77,771| ## ## |12|Net|assets|by|fund||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|2021|2020| ||||||E|f|f|f| ||Net|assets|||67,164|3,767|70,931|77,771| ## ## ##