## ## ## ## |||SORP reference|| |---|---|---|---| |Summary|ofthe purposes of|Para 1.17|The objects ofthe CIOare:| |the charity
governing|as set out in its
document||1) Toact as a resource for 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
activities| ||||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
of social
welfare
for| ||||people who have need by reason oftheir youth,| ||||age, infirmity
or disability,
poverty or social and| ||||economic
circumstances
with
a
view
to| ||||improving
the conditions oflife ofsuch persons.| ||||2)
To promote
social inclusion
for the public| ||||benefit
by preventing
people
from
becoming| ||||socilally excluded,
relieving
the needs of those| ||||people who are socially excluded
and assisting| ||||them to integrate into society.| ||||For the purpose ofthis clause 'socially excluded'| ||||means
being excluded
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
skil/s| ||||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).| |Summary
ofthe main
activities
in relation to those
purposes
for the public
benefit,
in particuiar,
the
activities, projects or services|||||Para 1.17and
1.19|White Gold Cornwall
provides 1:1mentoring
for
at risk/vulnerable
children,
young
people
and
young
adults
throughout
Cornwall
and the Isles
ofScilly.| |identified|in the accounts.|||||This
is
delivered
by
a
strong,
diverse
and| |||||||experienced
team
operating
throughout| |||||||Cornwall.
Our
work
builds
on
forming
a| |||||||relationship
with
the
young
person
and| |||||||addressing
the needs
and concerns
highlighted| |||||||in the referral document.| |||||||The length ofsupport varies with each individual| |||||||—each young
person
has targets set with them.| |||||||We have
worked
with
a young
person
for 5| |||||||years, throughout
their secondary education
but| |||||||as little as 6 weeks
in order to overcome
more| |||||||manageable
issues.| |||||||Issues we support
with are overcoming
a lack of| |||||||self-confidence,
self-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.| |||||||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.| |Statement
confirming
whether the trustees have
had regard to the guidance
issued
by the Charity
Commission
on public
benefit|||||Para 1.18|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||information||(optional)||| |You ma|choose to include further statements|||||where relevant about:| ||||||SORP reference|| |Policy on|grant making||||Para 1.38|| |Policy on|social investment||||Para 'i.38|| |including|program
related|||||| |investment||||||| |Contribution||made by|||Para 1.38|We currently
have
no volunteers
working
with| |volunteers||||||White Gold.| ## |Achieve|me|nts|and Pe|rformance|| |---|---|---|---|---|---| |||||SORP reference|| |Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.||||Para 1.20|During
2022 White
Gold
Cornwall
supported
over
100 children,
young
people
and
young
adults
throughout
Cornwall,
Our
work
has
continued
to grow since
COVID with
a greater
need for the young
people to receive
support
with
their
mental
health
challenges.
The
isolation
caused
by COVID had a massive effect| ||||||on their
well-being
and the charity
saw many| ||||||new referrals
from parents
concerned
for their| ||||||children.
We
have
been
able
to
fund
such| ||||||referrals
by donations,
fundraising
and
grants| ||||||enabling
all that need help to receive it.| ||||||Due
to
the
increase
in
referrals
we
have| ||||||strengthened
our
team
of
experienced| ||||||engagement
workers
working
throughout| ||||||Cornwall,
from
Saltash to Penzance.
With the| ||||||increase
in our workforce, we have been able to| ||||||support
throughout
the
County
and
we
have| ||||||more flexibility to manage this.| ||||||We are actively seeking to recruit new Trustees.| ||||||in
August
2022 we
appointed
a
new
admin| ||||||assistant
to complement
the team
due to the| ||||||increase in referrals
being received as a charity.| |Other||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Financiai|||Review|||||||| |Review ofthe charity's
financial
position at the end
ofthe period||||||Para 1.21|The charity's
financial
position
at the
2022 is stronger
and growing
compared
same
time
in 2021. Our
finance
team|end
of
to the
meet||| ||||||||quarterIy to monitor
and discuss finances|within||| ||||||||the charity
and report to the Trustees
and||CEO|| ||||||||on a regular basis.|||| |Statement||explaining||the||Para 1.22|Restricted
reserves are held for the purposes||for|| |policy for holding reserves
stating why they are held|||||||which the grants or donations
were given,|||| ||||||||The
Trustees
also
endeavour
to
maintain|||| ||||||||designated
reserves
for salaries
and
operating|||| ||||||||commitments
at a level equal to approximately|||| ||||||||3 —6 months'
worth
of expenditure.||It|is| ||||||||considered
that this
will be sufficient
to cover|||| ||||||||unforeseen
circumstances,
disruptions
in||cash|| ||||||||flow or a loss offunding.|||| |Amount of||reserves||held||Para 1.22|Restricted funds amount tof5,848.|||| ||||||||Designated
funds amounted
to 663,000in|total,||| ||||||||being the Salary Fund off60,000, and the|||| ||||||||Operating
Commitments
Fund ofE3,000.|||| ||||||||The general fund amounted
tof6,159.|||| |Reasons|for||holding|zero||Para 1.22|N/A|||| |reserves||||||||||| |Details offund materially|||||in|Para 1.24||||| |deficit||||||||||| |Explanation|||ofany|||Para 1.23|We have no concerns.|||| |uncertainties|||about the|||||||| |charity continuing
as a going||||||||||| |concern||||||||||| |The charity's
principal
sources offunds {including
any fundraising)|The charity's
principal
sources offunds {including
any fundraising)|The charity's
principal
sources offunds {including
any fundraising)|The charity's
principal
sources offunds {including
any fundraising)|The charity's
principal
sources offunds {including
any fundraising)|Para 1.47|As a charity we receive referrals
from schools,
colleges and also from Social Care {both Adult
and Children's
Services).
These referrals
come| |---|---|---|---|---|---|---| |||||||with full funding.| |||||||2022 saw the continuation
of our sponsorship| |||||||with our donor off8,000.This will be the final| |||||||year forthis, for which we are very grateful.
This| |||||||has assisted us with the day to day running costs| |||||||ofthe charity and also helped towards
training| |||||||costs for our staff to develop and enhance their| |||||||skills.| |||||||We are still affiliated to Local Giving as our on-| |||||||line platform
for donations.
We have access to| |||||||this via our website.
We continue
to receive| |||||||regular donations,| |||||||As in past years, we work closely with partner| |||||||organisations
and
none
more
than
Cornwall| |||||||Community
Foundation
who continue
to be a| |||||||great encouragement
tothe charity with varying| |||||||opportunities
for
funding
and
longer
term| |||||||grants
over multiple
years.
This has been
a| |||||||lifeline for those young people who are referred| |||||||to us without
funding.| |investment|policy and|||||| |objectives including
any
social investment
policy
adopted|||||Para 1.46|We do not currently
have an Investment
Policy
but this is under consideration.| |A description||ofthe||principal|Para 1.46|We have developed
a risk register to highlight| |risks facing|the charity|||||potential
risks to the charity.
This document
is| |||||||reviewed
regularly
by managers
and Trustees,| |||||||We have not identified
any high-risk
issues with| |||||||high levels of likelihood.
The principal
risks are| |||||||ensuring
we have enough
staff with the
right| |||||||skill set to work with young people exhibiting
a| |||||||wide range ofcomplex problems.
Safeguarding| |||||||issues
are
always
a
risk
but
are
mitigated| |||||||through
careful
monitoring,
supervision
and| |||||||training.| |Other||||||| ## ## |Description|Description|ofcharity's|||| |---|---|---|---|---|---| |trusts:|||||| |Type ofgoverning
document|||||Constitution| |How is the
constituted?||charity||Para 1.25|Charitable
Incorporated
Organisation| |Trustee selection methods
including
details ofany
constitutional
provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees||||Para 1.25|We
undertook
a
trustees
skills
audit.
All
potential
trustees are interviewed
by the chair
(orvice chair) and CEO.All new Trustees provide
a
CV
for
discussion
by
the
board
for
consideration
prior to being accepted.
New
trustees
fill identified
gaps in-the boards overall| ||||||skill set and bring comprehensive
experience
in| ||||||their fields ofwork.| |Additional
information|||(optional)||| |You ma|choose to include further statements||||where relevant
about:| |Policies and
adopted for
and training||procedures
the induction
oftrustees||Para 1.51|The
charity
has
a
clear
and
transparent
procedure
on the
appointment
of any
new
Trustee. Seeabove.| ||||||All Trustees,
when
appointed
are
given
the| ||||||charity's policies and procedures,
together with| ||||||a new Trustee
Handbook
setting out the roles| ||||||and
responsibilities
of a Trustee.
They
are| ||||||requested
to read and confirm that they have| ||||||done so.| ||||||Iftraining
isneeded we provide the training and| ||||||match existing skill setto business needs.| ||||||Each
member
of the
Trustee
Board
has| ||||||responsibility
for certain
policies
which
are| ||||||shared between
them given their experience
in| ||||||that field. These are reviewed
annually.| |The charity's
structure
and
network
with
charity works||organisational
any wider
which the||Para 1.51|White Gold Cornwall
is managed
by a Board of
Trustees.
The
Board
makes
decisions
about
policy
ratification,
reviews
risk,
revises
the
business
plan
and
strategic
direction
of the| ||||||organisation,
as well as deciding the budget and| ||||||monitoring
income and expenditure.
The Board| ||||||also reviews
the charity's
delivery
against
its| ||||||aims
and
objectives
and
supports
the| ||||||management
with recruitment,
promotion
and| ||||||retention
of staff.
Board members
also form| ||||||sub-groups
relating
to policy
and
procedural| ||||||development
and remuneration
as and
when| ||||||required.| ||||||There
is a management
team
comprising
the| ||||||CEO,
Operation
Managers
(East and
West),| |||||||Service
Support
Officer
and
ONce
Manager.| |---|---|---|---|---|---|---| |||||||They deal with the day to day running
of the| |||||||Charity, overseen
by the Trustees. Our Chair of| |||||||Trustees
regularly
attends
the
fortnightly| |||||||management
meeting along with the Vice-Chair| |||||||as an observer
and to assist Trustees
in their| |||||||understanding
ofoperational
issues.| |||||||Our
Patron
continues
to be Colonel
Edward| |||||||Boiitho, the Lord Lieutenant ofCornwall
who is| |||||||involved
and updated
on a regular basis.| |||||||Our CEO is also aTrustee on the local Truro and| |||||||Penwith
Academy
Trust
Board as well
as a| |||||||Trustee
with
the Safer Stronger
Consortium.| |||||||Both organisations
provide
local
links to the| |||||||community
and
have
opportunities
to
gain| |||||||insight and knowledge
in community
safety and| |||||||opportunities
for learning
and development.| |Relationship||with|any|Para|1.61|None| |related|arties|||||| |Other||||||| ## ## |Funds held as custodian trustees on behalf ofothers|Funds held as custodian trustees on behalf ofothers|Funds held as custodian trustees on behalf ofothers| |---|---|---| |Description ofthe assets||N/A| |held
in this capacity||| |Name and objects ofthe||N/A| |charity on whose behalf|the|| |assets are held and how|this|| |falls within the custodian||| |charity's objects||| |Details ofarrangements|for|N/A| |safe custody and||| |segregation
ofsuch assets||| |from the charity's
own assets||| ## |Additional|information
(optional)|||| |---|---|---|---|---| |Names and|addresses ofadvisers|(Optional|information)|| |Type of|Name|Address||| |adviser||||| |Associatel|Insp. Miles Topham|||| |Police||||| |Name ofchief executive or names||ofsenior|staff members|(Optional information)| ## ## ## ## ## ## ## ## ## ## ## ||Note|unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||Funds|Funds|2022|2021| |Income|||||| |Income from:|||||| |Donations
and legacies||16,410||16,410|21,095| |Charitable
activities|||||| |Sessiona
I work||186,825||186,825|129,896| |Grants|||9,500|9,500|16,925| |Investments||||1|| |Total||203,236|9,500|212,736|167,916| |Expenditure|||||| |Expenditure
on;
Raising funds
Charitable
activities|6|98
201,143|7,419|98
208,562|137
174,619| |Total||201,241|7,419|208,660|174,756| |Net income/(expenditure)||1,995|2,081|4,076|(6,840)| |Reconciliation offunds:|||||| |Total funds brought forward||67,164|3,767|70,931|77,771| |Total funds carried forward||69,159|5,848|75,007|70,931| ## ## |White Gold Cornwall
Foundatio
Balance Sheet|White Gold Cornwall
Foundatio
Balance Sheet|White Gold Cornwall
Foundatio
Balance Sheet|n||||| |---|---|---|---|---|---|---|---| |As at31December 2022|||||||| ||||||2022||2021| ||||Notes||||| |Current Assets|||||||| |Debtors||||21,869||12,760|| |Cash at bank||||54,690||60,167|| |||||76,559||72,927|| |Creditors: amounts||falling due within one year|10|(1,552)||{1,996)|| |Net current assets|||||75,007||70,931| |Total net assets|||||75,007||70,931| |Funds ofthe Charity|||11,12||||| |Restricted funds|||||5,848||3,767| |Unrestricted|funds||||||| |Designated|funds|||63,000||52,200|| |General funds||||6,159||14,964|| ||||||69r159||67,164| |Total funds|||||75,007||70,931| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations|and legades|and legades||| |---|---|---|---|---| ||||2022|2021| |||||f| |Donations|||16,410|18,364| |HM Revenue||ik Customs Job Retention Scheme||2,731| ||||16,410|21,095| ## ## ## |||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|2022|2021| ||||||f||f| |Sessional|work*.||||||| |Income||||178,964||178,964|121,250| |Victim Care Unit work||||2,861||2,861|3,646| |BBO||||5,000||5,000|5,000| |||||186,825||186,825|129,896| |Grants;|||||||| |Worval Foundation|||||5,000|5,000|5,000| |Cornwall|Community|Foundation|||||9,474| |Cornwall|Community|Foundation|-Carew Pole Trust||||2,000| |Cornwall|Community|Foundation|-Worval Foundation||||451| |Cornwall|Community|Foundation|-Turn the Tide||4,500|4,500|| ||||||9,500|9,500|16,925| ## ## |Staff numbers|and costs|||| |---|---|---|---|---| ||||2022|2021| |The average number ofpersons employed||by the charity during the year||| |was as follows:||||| |Charitable
activities||||| |Management|and administration|||| ||||10|7| |The aggregate|payroll costs ofthese persons were as follows:|||| ||||2022|2021| ||||f|| |Wages and salaries|||90,330|89,346| |Social security|costs||1,792|4,420| |Pension costs|||637|665| ||||92,759|94,431| ## |Debtors||||| |---|---|---|---|---| ||||2022|2021| ||||f|f| |Trade debtors|||21,484|12,381| |Prepayments|and accrued income||385|379| ||||21,869|12,760| |Creditors: amounts||falling due within one year||| ||||2022|2021| ||||f|f| |Accruals|||600|758| |Taxation and|Social|Security|952|1,238| ||||1,552|1,996| ## ## ## ## ## |Current year:|||||||| |---|---|---|---|---|---|---|---| ||||Brought||||Carried| ||||forward
f|Income
f|Expenditure
f|Transfers
f|forward| |Restricted funds|||||||| |Worval Foundation|||577|S,OOO|{3,913)||1,664| |Cornwall
Community|Foundation||||||| |-Carew Pole Charitable||Trust|2,000||(2,000)||| |Cornwall
Community|Foundation||||||| |-Turn the Tide||||4,500|(1,136)||3,364| |Training fund|||1,190||(370)||820| ||||3,767|9,500|(7,419)||5,848| |Designated
funds|||||||| |Salary fund|||50,000|||10,000|60,000| |Operating
commitments||fund|2,200|||800|3,000| ||||52,200|||10,800|63,000| |General Funds|||||||| |Unrestricted
Income|Fund||14,964|203,236|(201,241)|(10,800)|6,159| |Total Funds|||70,931|212,736|(208,660)||75,007| |The purposes ofthe|above funds are as follows:||||||| ## ## ## ## |Prior year:|Prior year:|||||||| |---|---|---|---|---|---|---|---|---| |||||Brought||||Carried| |||||forward|Income|Expenditure|Transfers|forward| ||||||E|E|E|E| |Restricted funds||||||||| |Worval Foundation|||||5,000|(4,423)||577| |StJames|Place|||5,821||(5,825)||| |Cornwall|Community|Foundation||5,214|9,474|(14,688)||| |Cornwall|Community|Foundation||||||| |-Carew|Pole Charitable||Trust||2,000|||2,000| |Cornwail|Community|Foundation||||||| |-Worval|Foundation||||451|(451)||| |glwillfund||||5,000||(5,000)||| |Training|fund|||2,000||(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| ||||||||14,800|52,200| |General|Funds|||||||| |Unrestricted
Income||Fund||22,336|1S0,991|(143,559)|(14,804)|14,964| |Total Funds||||77,771|167,916|(174,756)||70,931| ## ## |12|Net|assets|by|fund||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|2022|2021| ||||||f|f|f|f| ||Net|assets|||69,159|5,848|75,007|70,931| ## ## ## ##