2023-12-31-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, annual report (including Directors, report) for the period From 1st January 2023 Period stsrt dats to 31¥t Dacambar 2023 Perfod end dats Charity name: White Gold Cornwall CIO Charlty reglstratlon number: 1169622 Company numb•r: Objectives and activities SORP referen Para 1.17 Summary of the purposes of the charity as set out in its governing document The objects of the organisation are.. 1) To act as a resource for young people betr￿en ages 5- 35 years living in Comwall and the Isles of Scilly by providing advi¢e and assistsn¢e and organising programmes of physical, educational and other activities as a means of: (a) advancing in lrfe 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) provkling recreational and leisure time activity in the interests of so￿al welfare for people who have need by reason of their youth, age, infimty or disability, povety or social and economic circumstances with a view to improving the conditions of life of such persons. 2) To promote social inclusion for the public benefrt by preventing Peop￿ from becoming socially excluded, relieving the needs of those people who are socially exduded and assisting them to integrate into soGiety. For the purpose of this clause '3oGially excluded, means being excluded fr 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 educatlonal or skilvs attainment", relationship and family breakdown; crime either as a victim of crirne, as an individual at

risk of becA)ming involved with the Criminal Justi￿ System or as an offender rehabilitatin into soci White Gold Comwall provides 1..1 mentoring for at risk, vulnerable, and disadvantaged children, young people, and young adults throughoLrt Comwall and the Isles of Scilly. Summary ofthe main adivities in relation to those purposes for the publi¢ benefit, in particular, the activit18s, projeds or services identified in the accounts. Para 1.17 1.19 This is delivered by a strong, diverse, and experienced team operating throughout Cornwall. Our work ￿TrIdS on foming a relationship *ryth the young person and addressing the needs and concerns highlighted in the referral document. The length of support varies wrth each individual- each young person ha$ targets set wlth them. For exam￿, we have worked with a young person for 5 years throughout theFr secondary education, but for another as little as 4 weeks in order to overcome more manageable issues. 188ue3 we support with are overcoming a lack of self-Ct)nfidence. selfest88m, improving health and mental well-being, physical and mental abuse, and reintegrating into an educational setting. Wè also support and signpost those young people who are struggling with dwg and alcohol misuse. We aim to help prevent the young people from becoming s¢xially excluded within their own families. peers. and communities. We work with communities, including schools and Colleges, to partner with them to promote public safety and reintegration for thé young eo The Trustees confirm that they have referred to the guidance contained in the Charty Commission's general guidan￿ on public benefit when reviewing the Charity's aim$ and objectives and in planning future activities and setting the grant making poli￿ and bud et for the ear. Statement confinning whether the trustees have had regard to the guidance issued by th6 Charity Commission on public benefit Para 1.18 Additional inforniation (optional) You ma ¢h¢)ose to indude further statements where relevant about: SORP reference Policy on grant maki'ng ra1.38 Para 1.38

Policy on social investrnent including program related investment Contribution made by volunteers We currently have no volunteers working with Whrte Gold. Para 1.38 Other Achievements and perforniance During 2023 Vbfrite Gold Comwall supported over 150 Children, yourKJ p80ple and young adults throughout Cornwall. This year we have seen the number of referrals re￿iVed increase by a larger margin than we have in our previous years post Covid. The type of referrals recewed have been largely due to an increase in young people needing support with their mental heafth challenges. Summary ofthe main achievements of the charity. identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefrts to society as a whole. Para 1.20 Again, we have seen an increase in referrals th no access to funding. As a growing charity we have been fortunate to have been able to fund Such referrals by donations, fundraising and grants, enabling all that need help to re￿1ve it. Due to the increase in referrals, we have strengthened our team of experienced engagement workers working throughout Comwall, from Plymouth to penzan￿. Wrth the increase in our workforce, we have been able to support throughout the County and we have more flexibility to manage this. We are always actlvely seeklng to recruit new Trustees. In October 2023 appointed a new admin assistant to assist the team due to the increase in referrals being received as a charity. Additional Infomiation (optional) You ma choose to include further statements where relevant atx)ut'. Achievements against objectives set Para 1.41

Perfomance of fundraising activities against objectives Para 1.41 Investment performance against objectives Para 1.41 Other Financial review R8vi8w of the charity's financial position at the end of the period Para 1.21 The charty's financial position at the end of 2023 remains very strong and continues to grow, compared to recent yearn. This has been, in part, due to the growing number of referrals arKI the receipt of many donations and grants. Our finance team meat quarterFy to monitor and discuss finan￿S within the charity and report to the Trustee8 and CEO on a regular basis. Statement explaining the policy for holding re8eNes stats'ng why they are held Pwa 1.22 Restricted reserves are held for the purposes for which the grants tx donations were gNen. The Trustees also endeavour to maintain designated reserves salaries and operating commitments at a level equal to approximately 3 months, Worth of expgnditure. It is considered that this will be SLrfficient to cover unforeseen circumstances, disru tions in cash flow or a loss of fundin Restricted funds amount to £1,816. D8signat8d funds amounted to £83,￿0 in total. being the Salary Fund of £80,000, and the Operating Commitments Fund of £3,000. The eneral fund amounted to £14 889. NIA Amount of rese￿e8 held Para 1.22 Reasons for holding zero re$erve$ Details of fund materialty in deficit Paia 1.22 Pora 1.24 NIA

Explanation of any uncertainties about the charity continuing as a going concem Para 1.23 We have no concems. Additional Inforniatlon (optlonal) You ma choose to indude further statements where relevant about.. As a charity, we receive referrals from schools, colleges, and also from Social Care (both Adult and Children's SeNices). These referrals come with full funding. The charity's principal sour¢es of funds (including any fundraising) Para 1.47 We are still affiliated to Local Gmng as our online platform for donations. and have registered with Easy Fundraising We have ac¢es$ to this via ourwebsite. We continue to rece5ve regular donations. We continue to partner with organisations such as Cornwall Community Foundation who continue to be a great encouragement to the charity with varying opportunities for ftjnding and grAnts. This has been a lifeline for those young people who are referred to us without fundlng. In 2023 we were the nominated Charity of The Year wrth Truro Golf Club and received large donation in January 2024. This, along with other generous donations has given the charty a generous amount of funds to help parents and carers of young people who do not have any source of fijnding. We are now becoming more recognrsed in the community and receiving publicity along with donations. We wrrently hold funds in easy aC￿sS bank accounts. The trustees are currently considering longer notice period accounts to help utilise funds to increase income while ensuring fluctuations in bank balances Can be adequately managed. Investment policy and objéctives in¢luding any social investment policy adopted P*a 1.46 W8 have developed a risk registerto highlight potential risks to the charity. This document is reviewed regularly by managers and Trustees. Para 1.46 A déscription of the princip81 risks facing the charity We have identtfied s¢)mè m8dium-high risk issues with medium-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 of complex problems, and ensuring that, as an organisation, we are GDPR compliant. Safeguarding issues are always a risk but are mitigat8d through careful monitoring, su ervision, and trainin our Service

Support Manager in liaison ￿￿th the Man ement Team and Trustees. Other Structure, governance and management Description of charity's trusts.. Type of governing document.. for example, Para 1.25 Constitution and articles of How is the charity constituted? Ii:I" example limited company. Para 1.25 Charitable Incorporated Organisation Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entrtled to appoint one or more trustees Para 1.25 We undertook a Trustees Skilts Audit. All potential trustees are interviewed by the chair (or vice chair) and CEO. All new Tru8tee6 provide a CV for discussion by the Board for consideration prior to being accepted. New trustees fill identified gaps in the Board's overall skill set, and bring comprehensive ex rience in their fields of worf(. Additional infomiation (optional) You ma choose to include further statements where relevant about: Policies and procedures The charity has a Clear and transparent adopted for the induction and training of trust888 procedure on the appointment of any new Trustee. See above. Para 1.51 All Trustees, when appointed, are given the Charity's policies and procedure8, together with a new Trustee Handbook setting out the roles and responsibilities of a Trustee. They are requested to read arKJ confirni that they have done so. If training is needed, we provide the training and match existing s￿-11 set to business needs. Each member of the Trustee Board has responsibility for certain policie$ which are shared between them given their experience in that field. These are reviewed annually. thite Gold Comwall is managed by a Board of Twstees. The Board makes decisions about policy ratificats'on, reviews risk, revises the Business Plan and strategic direction of the organisation, as well as deciding the budg6t arKI monitoring income and ex nditure. The Board also reviews the The charity's organisational structure and any wider ne￿ork with which the charity wosk6 Para t.$1

charity's delivery against its aims and objectives and supports the management wth recrultment, promotion, and retention of staff. Board members also fomi sutrkgroups relating to policy and procedural development and remuneration as and when required. There Is a management team comprising the CEO, Operation Managers (East, Mid and West). Service Support Officer, Finance Manager, and Manager. They deal with the day to day running ot the Charty, overseen by the Trustees. Our Chair of Trustees regulady attends the fortnightly management m88ting along with th8 Vice- Chair as an observer and to assist Trustees in their understanding of 0￿ratIonal issues. Our Patron continues to be Colonel Sir Edward Bolitho KCVO OBE CStJ, the Lord Lieutenant of Comwall who is invofved and updated on a regular basis. Our CEO is also a Truste6 on the local Truro and Penwith Academy TNst Board as well as a Trustee with the Safer Stronger Consortium. Both organisations provide local links to the communty and have opportunities to gain insight and knowledge in communrty safety arKI opportunities for leaming and development. None Relationship with any related parties Paia 1.51 Other

Reference and administrative details Charit name Other name the challt uses Re istered charit number Charity's principal addre88 Whito Gold Comwall Foundation 1169622 Unit 7D 15 + 16 Cardrew Way Cardrew Industrial Estats Redwth Cornwall TR15 1SS Names of the Charity tru8tO08 who manage the charlty Date8 •Ctod Wnot forwhole Trugtw nam? Offico lif any) Nam• of parson (or body) ontitled If a Robert Stevens Crossland Chair Joanna Duncan Judith Dumbrell Vice-chair Treasurer Howard Stevens Geoffrey Tate Richard Bennet Mark Roberts 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Dlrector name ortwasa roved

Name of trustees holding title to propety belonging to the charty Trusts0 name Date8 act￿ If not forvtholo Funds held as custodian trustses on behalf of others Description of the assets NIA held in thi8 capacity Name and objects of the charity on whose behalf Ihe assets are held and how this falls within the custodian charit 's ob'ects Details of arrangements for safe custody and segregation of such assets from the charit 's ¢)wn assets NIA NIA Additional inforniation loptional) Nam•s and addre8s•• of advlsers (optlonal Infonnallon) Type of Namo Address advlser Associatel Police Miles Topham Namo of chlef oxecutlvo or names of senior staff Mem￿1$ loptional inforniatlon) an Milliner M8E - CEO Tom Saddler- Operations Managw- East Jason Webb- Operations Manager- West Helen Coakley- Operations Manager- Mid Theresa Fleming - Service Support Manager Sally Ackerley - Finance Manager Steph Busby- Office Manager Exemptions from disclosure Reason for non411gdosure of key personnel d8tails

NIA Other o tional infomation Declarations The company has taken advantage of the small companles. exemptlon In preparlng the report abov•. The trustses declare that they have approved tho trustse$' report (including directors, report) above. Slgned on b•half of tho Charity's tru$to•sldire¢tors S6gnaturo(s) Full nama(s) Position (for example Secretary• Chalr. otc) Jukji.. fpi Duiqtsiit Li eoJuj Date

Whlte Gold Cornwall Foundatlon Financlal statements for the year ended 31 December 2023 RtBistered charlty numbèr 1169622

White Gold Cornwall Foundation Contents Page Independent examiner'5 report Statement of financial actfjvities Balante sheet Notes to the financial statements 4-10

White Gold Cornwall Foundation Independent examiner's report to the trustees of White Gold Cornwall Foundation ChaY4ty règistration number 1169622 For the year ended 31 Decèmber 2023 I report to the trustee5 on my èxamination of the accounts of White Gold Cornwall Foundation (the charityi forthe y¢ar ended 31 December 2023 as set out on pages 2 to 10. Responslbllltles and basis of report As the ¢harity's trusteesj you are re5ponsiblefor the preparatlon of thè accouhts in atcordante with the requirements the Charitles Act 2011 {"the AtVI. I repDrt in respett of my examinatlon of the charity's at¢ounts carried out under settion 145 of the 2011 Act. In carrying out my examination. I have followed the Dlrettions given by the Charity Cornmlsslgn under sectio 14515llbl of the 2011 Act. Independent examiner'sstatement Since the charity's gross income eKceeded £250,000 your examlrter must be a member of a body115ted In sortlon 145 of the 2011 Act. I confirm that l am qualifiÈd to undertakethe examinatlon because l am a member of the Association of Chartered Certified Accountants, whlth is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the exarTtinatlon whlch give me cause to believe= the accountlng records were not kept In respect of Whlte Gold Cornwall Foundatlon as requlrèd by section 130 of the 2011 Act,. or the accounts do not accord vAth the accounting retords; or the accounts do not complywlth the accounting requirements concerning the form and content of attounts set out in the Chèrities IAc¢ounts and Reports) Regulations 2008 otherthan any requlrementthatthe accounts glve a'twe and falrf view wh5ch is not a matter considered as part of an independent examination. I have no concern5 and have come across no other matters Ir5 connection wlth the examin3tion to which attention Should be drawn In this report in order to enable a proper understanding of the accounts to be reached. N Hallam FCCA Crane & Johnston Chartered Certified Accountants 11 Alverton Terra Penzance Cornwall TR18 4JH Date: Pts4￿1

White Gold Cornwall Foundation Statement of Financial Activities Forthe year ended 31 December 2023 Note Unrestricted Funds RestrlcEod Funds Totsl 2023 Yotal 2022 Income Income from: Donation5 and legacies Chiritable attivitie5 s￿S1on81 work Grants Othertr3dinB activities FundraSsln8 Investments 2.266 2.266 16,410 364,654 8,494 186,825 9.50Q 8,494 Total 367,162 8A94 375.656 212,736 Expendlture Expendi￿re on.. Raisingfund5 Charkable artivltles 327 338.105 327 350,631 98 208,562 12,526 rotal 338,432 1I5Z6 350.958 208.660 Net Incomellexpendlbjrel 28.730 14.032 24,698 4,076 TransfÈr5 between funds NÈt rno¥ements Infvnds Z8.730 14,0311 24,698 4,076 Rerondllatlon of funds: Total funds brought ftirward 59,159 75.(*)7 70,931 Total carrled fowward 97,889 1.816 99.705 75,0)7 Poge 2

White Gold Cornwall Foundation Balance Sheet f ot31 De￿Mber2o25 2023 2022 Notes Current Assets Debtors Cash at bank 55.270 50,849 21,869 54,690 106,119 76,559 Creditvrs. amounts falllng due wlthln one year io 16,4141 11.5521 Net current assets 99.705 75,007 Total net assets 99,705 75,007 Funds of the Charlty Restricted funds Uarestritted fund5 Designated funds General fund5 11,12 1.816 5,848 83,000 14,889 63.000 6,159 97.889 69,159 Total lunds 99.705 75,OD7 The financl815tatements were approved bythe Board of Trustees on and were signed on its behawby: Robert Cr05sldnd Chair Date Poge 3

White Gold Cornwall Foundation Notes Iformire part of theflnancial statements) Basis of preparatton 1.1 Ba$ls of Accounting These accounts have been prèpared under the historlcal tost convention with iterns reco8nlsed at ctsst or tran5actlon val￿e unless otherwlse stated in the relevaDt notesto these account5. The actounts have been prepared in accordance with the Statement of Recommended Practlce= Accountlng and Reportine by Charitie5 p￿paring thelr accounts in accordance with the Financial Reporting Standar¢J applicable in the UK and Republic of Ireland IFRS 1021 leffettive l January 20151 (Char￿leS SORP FRS 1021 and the Financial Reporting stsndard applltable in the Unlted Kingdom and Republic of Ireland IFRS 1021 Isepternber 20151 and the Charitles Att 2011. White Gold Cornwall Foundation constltures a public benefit entity as deflne(S by FRSIO2. 1.2 Goin8 concern At the tlme of approvlt)g the accounts, the trustees have a reasonable expettatlon th4t the char￿Y has èdequate resource5 to contlnue in opeiational existence for the fo￿see0b1e future. Thus the charlty continues to adopt the 8olng concern basis of accounting in preparing the accounts. IJ Change of a¢countlTrg poltcy The accounts present a true and fairview andthe accounting pollcles adopted are thoseoutlined In note 2. IA Changes to •¢¢ountln8estirnates No changes to accounting Èstirnates have occurred in the reportlng per1￿. 1.5 Materlal prloryear errors No rn3terial prlor yearerrors have been Identified In the reporting period. Accountlng policles Incomln8 resourres Income is included on the Statement of Nnancial Activrties ISOFAI when the charity becomes entltled to the resources, it is more likely than not that the trustees will ￿￿)Ve the resource5, and the monetsry value can be measured with sufficient reliability. Resour(e5 expended EKpenditure 15 accounted for on an accrva15 bas￿ and has been c1355ified under headin85 that èggregate all costs lated to the category. Where costs cannot be direttly attributed to particular headings they have been allocated to aLtivities on a basis consistent with the u5È of resources. Grants offered sublert to wnditions whlch have not been met at the year end date are noted as a commRment but not accrued as expenditure. Poge4

White Gold Cornwall Foundation Note5 (forming partof the financial statements) Lcountiw polldes l¢ontlfiuedl Litibility recoynthn Liaknltbes are reco8nlsed where rnore Ilkelythan notthat the￿ ts a legal orcOnstrurt￿e obl¥atlon committiD8the charity to pay out resources andthe amountof the obllgatlon can be measuredwf(h reasonable certainty. Taxatlon The charltyls exernpt from corptsr4tion tsx on Its Charitable aLtiwt￿L Fund acwuntEn8 The unrÈ5tritted fund has ar1senthr￿8h Keneral fundraisin& unrestrkted donatknns and surplusesfrom pursuing the charlty's oliectwes. Restrictedfunds can only be used for p3￿CUlar re5trfrted purposes wtthin theoble£tsof the ¢harty. Restrittions arise when specified by the donororwhen hJnds are ralsed for particular restritted purposes. Thecost of ra￿[nE and administering such funds dreChar8￿ a8alnst the S￿¢￿1[ fvnd. Optrratine le8ses Rental charges are charged In the statement of financlal artlvltyes on a stral8ht Ilne basls overthe Ilfe of the lease. Staiement otC05h Flows The charity is exemptfrom preparfnga statemÈnt of Cash flows because ft qualffies as è small tharityfor rewrtSn8 purpD5e5. Donatlons and le8acie5 2023 2022 Donètions 2,266 16AIO 2.266 16 io

White Gold Cornwall Foundation Notes l*orrnln8 partof the financLilstatementsl tharltable •ttMtle5 Unrestricted funds Restrfrted fund5 Yotal 2023 Total 2022 Se55lonal work: Inconie Virtim Care Unttwcrk 363,654 361.6S4 178.964 2,861 5,000 364654 361654 186,825 Grants.. Safer Stronger Cw50rtlum Worval Found3¥on Cornwall Ctrmmunlty Fourtdatlon-# I Will Fund Cornwèll Communlty Foundatlon- Worval Foundatbn Comwall Comrnunity Found•fjon- Tutn themde 2,694 5.000 5.0(h) 4,5fM) 8.494 9,5(KJ Irbcame from invE#meiits Unrestricted knnd5 RestrKted fund5 Total 2023 Totsi 2022 Bank intÈre5t rece￿￿bEe FxpendlLureoM tharltsbleacbvlfje5 Unre5tr1rted fund5 Restrltted fitnds Total 2023 Totsl 2022 Supportcosts 5esshnal work 66,631 27L474 66,631 12.526 2W(tt) 36,467 172,095 Totsi expenditure 33&105 12,526 350,611 208,562 Netlnmefor ihoyear 2023 2022 Thls Is stated after ¢harÈlnr. Operatln8 leases Independentex•miner'slee5 1.733 I￿(￿) Poge6

White Gold Cornwall Foundation P40ts5 Iformingpartof the financkl srdtEmentsl Staff numbers￿dc0Sts 1023 2022 The aver3ge number of personsemployEd by the char5ty durln8 the yE3r was asfdlows.. (haritsble actknties Mana8ementand admlnlstr8tion io The aggregate ptyroll costs of these per5Dll5 were as follows.. 2023 2022 WaÉes arKJ 5alarles So¢lal securlty c05t5 PensloTh costs 164,647 9Q,330 1,792 637 1.299 lo8￿50 92.759 No employee recei¥Èd emolumentsofmore th3n£60.(XKI durlngtheyear12022-. non@l- Total key manaRement personnel remuneration in the year was £36.71612022.. £33,7481. The ch4rity1ontr1b￿tes to a defined coTrthbutiQn5 pen51on scheme. The a&sets of the sthemt Bre held Separately from thost of the charity in an IndePenden￿Y admlnlstered fund. Atthe year end, £377 was outstanding12022.' £1801. Pensltsn tonrributiDn expenses h6ve been oll(Kated betwèen ￿St￿l￿ed and unre5tritted fundsgn the basis of tSme 5penton those activlt]es relatlngtothefund by the re￿¥3ntStaft members. 201a 2022 Trade debtors Prepayments and a¢crued income 55N78 21N84 192 385 S5,IYO 21A69 CradkorL' an*￿ntsf4l1lnl due thln one year 2023 2022 Accruals TaxatloTh and Sothl Security frfjo 952 4,014 1.552 Pooe 7

White Gold Cornwall Foundation Notes Iformlng part ofthefinanclalstHtementsl 11 Chaylty Fund5 nt yelr: 8rouBht torward Carr￿d lorwa ItKome Expendtture Trartsfets RestrJa£¢Ift￿ds wo￿01 Foundatlon Comwall ComrnuntyFoundatbn -Tum th￿TIde Trilnlngfund SaferStron8erConsothum

I Will Fund

1.664 15.4281 3,364 820 133641 12401 18001 12.6941 2.694 5.848 8.494 112.526 1,816 Desi8natedfwds ftsnd Operotingtomfflitrnentsfitnd 20.(QO 63,000 20JX)O 83.000 General Fund5 Ullrestrlcted Income F￿nd 6.159 3fj7,162 1338,4321 120.(KIOI 14.•9 Toknl Funds 75,C07 375,65fj 350,9581 99,705 The purposes ofthe abDve fundsare asfollows.. Wor¥al Foundat￿n-t0 provideand sustalna coh0rtofyoungpeo￿eWho arefaring extrème mentsl heath issues andto contlnuetu sypportyoung people where other fvndlng ha5 Stopped. Comw411 CommunTty Foundafjon-Turn theTide-fuThJ towork with youn6 peopleto breakawayfrom drUg￿lated ￿sueS and 8an8s In wh￿h theyfrequert To prlorktsÈte3thinE and sh8ringexper1en￿8lld information atxjutthe risks to prevent them beinE Snvolved in (Srug use. Trainlng fUnd-dona￿Dtt6We￿tO cover tralDln6 costs for stsff èndengagementworkws. SalerStron8er Con50Ytium-Coll of UwngGrant.The Fund aimsto raise moneyto offei finandal support to the peopk most at risk in Comwzll. The alrn ofthefund 15t05UPPOrtvulnerable re￿dents8nd familles. who hove been afferted bythe slgnlflcant rise Inthe costoflivin& to payforessential Items.

I Wlll Fund- looksto 5UPPOrt50clal Acoon attDfmesthatcreate opportunltiesforyoung peopleaged 11>20 lor 25 for

abled people) to develop theirpotential aodthpir cap?cltyt0sl￿thcanu¥ contr[b￿¢t0 thLyrcommun7ty. Social attbn Involve5 a￿V1¥e5 such as camp3ignin& fundrakSinE and voluntreTinEand has hwpotentlal to crÈats @nloyable opportunftie5 and skllls ¢tevelopmentforyoung peopl¢ and Inturn benefftthE loral people and Pla￿$. Salaryfvnd. provision for3-6 months of stsff costs in theeventof a lo% of funding. Opèratingcommltmonts fund-to pro￿dÉ 3-6 months of operathnaltommitments In theevent of a loss offundsng.

White Gold Cornwall Foundation Notes Iformlng part ofthefinanclèlstBtemEntsl 11 CharftyfuThds ItootlN¢dl Brou8ht forw3rd Carried Expendvcure Tran5tErs fDrward lkntome Restrfrted fund5 Woyval Foundation Cornw611 Cvmmunlty Foundation - Carew PoleCharftableTrust Carnwall Communlty Foundatlon Turn thefide Tralningfund 577 132131 1,664 lz.cooi 4,5r¥) 11.136) 13701 3,364 820 3,767 17.4191 DÈsnated funds sa￿ryftsnd OperaUrEgcomrnitmeT￿ f4Jnd 50,LIOO 1200 10,000 60.￿￿) 800 3,000 51200 10,800 63,000 GeneTrl Fund$ Unre5tritted Income Fund 14.964 203.236 1201,2411 110,8001 6.159 Totsl Funds 70,931 212.736 2D8,6601 75.iX)7 The PUfPOSÈS of the abovefunds are èsfollows-. Worval Foundètion- to provide and Sustsln a co￿rt0fYo￿nE people who aref•clngextreme ryntsl hea￿h tssuÈsdue to the lockdown restrlctionsaNI tQ¢Dntinueto supportyouri8 peoplewhere r>therfundin8has stoppod. Cornwall Communlty Foundation- Carew PoleCharltsbleTrust-toto¥Èr athxqdterm contractforan Ènga8Èmentworker. Cornwall Commtrnity Foundation-Turn thende-fundto workwith young people to break8wayfrom dru8 related155ues and gan￿ in which they frequent To pr1Dfttl￿ teathingènd sharing ÈxperiencE Hnd Information aboutthe risks to preverttthern bwng inVo￿d ID drug use. Tralnin8fund- donation Elven to tovertrBiningix)5tsfor5tsff and enEagementWDrkerk S•lary fund- prow51on for 3-6 monthsof Staff cests in theever*tof a loss of fundin8. OperatTrngcommitmentsfurid-to provide 3-6 monthsof operational CLwimitments Inthe event of a lossof furt1in&

White Gold Cornwall Foundation Notes (forming pan of the financial statements) 12 Net assets byfund Unrestricted funds Re5tr1cted hjnds Total 2023 Total 2022 Net assets 97,889 1,816 99,705 75,007 Net assets 69,159 5,848 75,007 13 Transartlrms wlth trustees and related partles None (rfthe trustees have been paid any remuneration or received any other benefits from this charity. No expenses were tlaimed bytrustees. Pagelo

White Gold Cornwall Foundation Independent examiner's report to thetru5tees of Whlte fjold Cornwall Foundation Charlty re8iStratlo¥t numb¢r1169622 Forthe y•ar ended 31 De¢ember 2023 I reporttothetrustees on my examlnation of the accounts of WhiteGold Comwall Foundatlonlthe ¢harfty) forthe year ended 31 December 20>3 as setout vn prfes 2 to IfL Respon$ibilltle5 and ba$lsof rgport A$ the chartvs tru¥teeS. yots are re5pDnsrbleforthe preparatlor) of the attouhts in accordan￿wIth th" requlrements ofthe CharttlesAct2011 (The Arfl. I reportln re5P¢ttof ri)y examlnatJon of the thaM¢$ac¢ounts carried O￿￿nderSec￿0n 145 of the 2011Att. In carrying out my. examinatlon. I have folltswtdthè Dlrectlon5 Blven bythe Charlty ¢ommF&Stpn underse¢tlon 145{5llbl of the 2011 ACL Independentexarnlnert8tat¢ment Slncethe charlty's gross income exceeded £250,￿0y0ur examinermustbe a rne￿￿r of o body hsted In sectlon 145 ofthe 2011Art, I confirm that l am qu￿￿1edtts un￿ertaktthe exaMIn￿On be￿￿e l am a member ofthe Asstsclatlon of Chartered CerUfiedAccouotants. which Is one ofthe listed bodle5. I have completed my eyamlnatlorn I confim that no matters have come to myattentlon in connection with the examln&tion whith th me (auseto believe: theatcountln8 recordswere notkept In respectof Whrte Gdd ComvAII Foundation as reqvlrod by sectlon 130 of the 2011 Art.. or thè accounts do not8¢cordwiththe •ccountlryg records: or the accounts do not complywlth theaccountlnE requlrementscon¢ern!r4 trie ftsiiii diiii WiiktsvrLiY. out In the charl￿$ {A¢couhts and Report5) Regulatlons 2008othetthan any r•4uirementthatthe accounts 8tve a'true ond falrf vrew whlch 15 nota mattÈrconsidered as partof an indepw￿ent examlnatlon. ! hwe come acros5no other matters In connectlon wrth the examlnatlonto which 8ttenJon should be drawn in thts report En orderto enable a proper undorststtdingof the ac¢J)unts to be reach Hallam FCCA CTat7e &Joknston Chartered Certrfted ALYountsnts 11 Atverton Terr Penzan Cornwall TRI8 4JH L.*