2024-12-31-accounts

Trustees’ annual report (including Directors’ report) for the period

From 1[st] January 2024 Period start date to 31[st] December 2024 Period end date Charity name: White Gold Cornwall CIO

Charity registration number: 1169622

Company number:

Objectives and activities

Objectives and activities	Objectives and activities	Objectives and activities
SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the organisation are: 1) To act as a resource for young people between ages 5 – 35 years 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 of their youth, age, infirmity or disability, poverty 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 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 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 skill/s attainment; relationship and family breakdown; crime (either as a victim of crime, as an individual at

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risk of becoming involved with the Criminal
justice System or as an offender
rehabilitating into society).
Summary of the main Para 1.17 and White Gold Cornwall provides 1:1 mentoring
activities in relation to those 1.19 for at risk, vulnerable, and disadvantaged
purposes for the public children, young people, and young adults
benefit, in particular, the throughout Cornwall and the Isles of Scilly.
activities, projects or services
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 of support varies with each
individual - each young person has targets set
with them.
For example, we have worked with a young
person for 5 years throughout their secondary
education, but for another as little as 4 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, and reintegrating into an
educational setting. We also support and
signpost those young people who are
struggling with drug and alcohol misuse.
We aim to help prevent the young people
from becoming socially 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
the young people.
Statement confirming Para 1.18 The Trustees confirm that they have referred
whether the trustees have to the guidance contained in the Charity
had regard to the guidance Commission's general guidance on public
issued by the Charity benefit when reviewing the Charity's aims
Commission on public and objectives and in planning future
benefit activities and setting the grant making policy
and budget for the year.
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Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38

Policy on social investment including program related investment
Contribution made by volunteers	Para 1.38	We currently have no volunteers working with White Gold, with exception to the Trustees.
Other

Achievements and performance

During 2024 White Gold Cornwall supported over 287 young people via funded referrals and 20 referrals funded by White Gold Summary of the main Para 1.20 Cornwall, these are young people and young achievements of the charity, adults throughout Cornwall. This year we identifying the difference the have seen the number of referrals received charity’s work has made to increase by a larger margin than we have in the circumstances of its our previous years, with 150 referrals in 2023, beneficiaries and any wider it is a large increase. The type of referrals benefits to society as a received have been largely due to an whole. increase in young people needing support with their mental health challenges. Again, we have seen an increase in referrals with 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 receive it. Due to the increase in referrals, we have strengthened our team of experienced engagement workers working throughout Cornwall, from Plymouth 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 always actively seeking to recruit new Trustees. In November 2024 we appointed a new finance officer as well as a new operational manager to assist the team due to the increase in referrals being received as a charity.

Additional information (optional)

You may choose to include further statements where relevant about:

Para 1.41 Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Other

Financial review

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Review of the charity’s Para 1.21 The charity's financial position at the end of
financial position at the end 2024 remains very strong and continues to
of the period grow, compared to recent years. This has
been, in part, due to the growing number of
referrals and the receipt of many donations
and grants.
Our finance team meet quarterly to monitor
and discuss finances within the charity and
report to the Trustees and CEO on a regular
basis. In 2024 we have invested in to growing
the team in order to continue to support young
people across the county,
Statement explaining the Para 1.22 Restricted reserves are held for the purposes
policy for holding reserves for which the grants or donations were given.
stating why they are held
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 of funding.
Amount of reserves held Para 1.22 Restricted funds amount to £584.
Designated funds amounted to £132,000 in
total,
being the Salary Fund of £115,000, the
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		Operating Commitments Fund of £7,000, and the Referral Support Fund of £10,000. The general fund amounted to £42,595.
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	We have no concerns.

Additional information (optional) You may choose to include further statements where relevant about:

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As a charity, we receive referrals from
schools, colleges, and also from Social Care
Para 1.47
The charity’s principal (both Adult and Children's Services). These
sources of funds (including referrals come with full funding.
any fundraising)
We are still affiliated to Local Giving as our
online platform for donations and have
registered with Easy Fundraising. We have
access to this via our website. We continue to
receive 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
funding and grants. This has been a lifeline
for those young people who are referred to us
without funding.
In 2024 we received grant funding for IT
software and equipment which will be paid to
us in 2025, this funding was used to buy each
team member a laptop and a phone for work
purposes. In 2023 we were the nominated
Charity of The Year with Truro Golf Club and
received a large donation in January 2024.
This, along with other generous donations
has given the charity a generous amount of
funds to help parents and carers of young
people who do not have any source of
funding.
We are now becoming more recognised in the
community and receiving publicity along with
donations.
We currently hold funds in easy access bank
accounts.
Para 1.46
Investment policy and
objectives including any
social investment policy
adopted
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We have developed a risk register to highlight
potential risks to the charity. This document is
Para 1.46
A description of the principal reviewed regularly by managers and
risks facing the charity Trustees.
We have identified some medium-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 mitigated through careful monitoring,
supervision, and training by our Service
Support Manager in liaison with the
Management Team and Trustees.
Other
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Structure, governance and management

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Description of charity’s
trusts:
Type of governing document: Para 1.25 Constitution
for example, trust deed,
memorandum and articles of
association etc
How is the charity Para 1.25 Charitable Incorporated Organisation
constituted?
for example limited company,
unincorporated association,
CIO
Trustee selection methods Para 1.25 We undertook a Trustees Skills Audit. All
including details of any potential trustees are interviewed by the
constitutional provisions e.g. chair (or vice chair) and CEO. All new
election to post or name of Trustees provide a CV for discussion by the
any person or body entitled Board for consideration prior to being
to appoint one or more accepted. New trustees fill identified gaps in
trustees the Board’s overall skill set and bring
comprehensive experience in their fields of
work.
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Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	The charity has a clear and transparent procedure on the appointment of any new Trustee. See above. 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.

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If training is needed, we provide the training
and match existing skill set to 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.
White Gold Cornwall is managed by a Board
of Trustees. The Board makes decisions
Para 1.51
The charity’s organisational about policy ratification, reviews risk, revises
structure and any wider the Business Plan and strategic direction of
network with which the the organisation, as well as deciding the
charity works 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 (North-East,
South-East, Mid and West), Service Support
Officer, Finance Officer, and Office Manager.
The Key Management Personnel is made up
of Alan Milliner (CEO) and Sally Ackerley
(Office 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 of
operational issues.
Our Patron continues to be Colonel Sir
Edward Bolitho KCVO OBE CStJ, the Lord
Lieutenant of Cornwall who is involved and
updated on a regular basis.
Our CEO is also a Trustee 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.
None
Para 1.51
Relationship with any related
parties
Other
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Reference and administrative details

Charity name	White Gold Cornwall Foundation
Other name the charity uses	-
Registered charity number	1169622
Charity’s principal address	Trevenson House, Penstruthal Office, Church Rd, Pool, Redruth, TR15 3PT

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Robert Stevens Chair
1
Crossland
2 Joanna Duncan Vice-Chair
3 Judith Dumbrell
4 Howard Stevens
5 Richard Bennet
6 Mark Roberts
7
8
9
10
11
12
13
14
15
16
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17 18 19 20

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (optional information)

Type of	Name	Address
adviser
Associate/ Police	Miles Topham

Name of chief executive or names of senior staff members (optional information)

Alan Milliner MBE – CEO Jo Kinsman – Operations Manager – North-East Tracey Bailey – Operations Manager – South-East Jason Webb – Operations Manager – West Helen Coakley – Operations Manager - Mid Theresa Fleming – Service Support Manager Sally Ackerley – Office Manager Steph Busby – Technical Support and Fundraising Officer Del Arasteh – Finance Officer

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The company has taken advantage of the small companies’ exemption in preparing the report above.

The trustees declare that they have approved the trustees’ report (including directors’ report) above.

Signed on behalf of the charity’s trustees/directors

Signature(s) Full name(s) Position (for example Secretary, Chair, etc) Date

White Gold Cornwall Foundation

Financial statements for the year ended 31 December 2024

Registered charity number 1169622

White Gold Cornwall Foundation

Contents

	Page
Independent examiner's report	1
Statement of fnancial actvites	2
Balance sheet	3
Statement of cash fows	4
Notes to the fnancial statements	5-11

White Gold Cornwall Foundation

Independent examiner's report to the trustees of White Gold Cornwall Foundation Charity registration number 1169622

For the year ended 31 December 2024

I report to the trustees on my examination of the accounts of White Gold Cornwall Foundation (the charity) for the year ended 31 December 2024 as set out on pages 2 to 11.

Responsibilities and basis of report

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 charity's accounts carried out under section 145 of the 2011 Act. In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which 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 examination which give me cause to believe:

the accounting records were not kept in respect of White Gold Cornwall Foundation as required by section 130 of the 2011 Act; or

the accounts do not accord with the accounting records; or the accounts do not comply with the accounting 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.

N Hallam FCCA Crane & Johnston Chartered Certified Accountants 11 Alverton Terrace Penzance Cornwall TR18 4JH

Date:

Page 1

White Gold Cornwall Foundation Statement of Financial Activities

For the year ended 31 December 2024

Note Income Income from: Donatons and legacies 3 Charitable actvites 4 Sessional work Grants Other trading actvites Fundraising Investments 5 Total Expenditure Expenditure on: Raising funds Charitable actvites 6 Total Net income / (expenditure) 7 Transfers between funds Net movements in funds Reconciliaton of funds: Total funds brought forward Total funds carried forward	Unrestricted Funds £ 20,443 569,948 - 29 1 590,421 211 513,504 513,715 76,706 - 76,706 97,889 174,595	Restricted Funds £ - - - - - - - 1,812 1,812 (1,812) - (1,812) 1,816 4	Total 2024 £ 20,443 569,948 - 29 1 590,421 211 515,316 515,527 74,894 - 74,894 99,705 174,599	Total 2023 £ 2,266 364,654 8,494 236 6
				375,656
				327 350,631
				350,958
				24,698
				-
				24,698
				75,007
				99,705

Page 2

White Gold Cornwall Foundation

Balance Sheet

As at 31 December 2024

Notes Current Assets Debtors 9 Cash at bank Creditors: amounts falling due within one year 10 Net current assets Total net assets Funds of the Charity 11, 13 Restricted funds Unrestricted funds Designated funds General funds Total funds	£ 75,416 105,122 180,538 (5,939) 132,000 42,595	2024 £ 174,599 174,599 4 174,595 174,599	£ 55,270 50,849 106,119 (6,414) 83,000 14,889	2023 £ 99,705
				99,705
				1,816 97,889
				99,705

The financial statements were approved by the Board of Trustees on and were signed on its behalf by:

Robert Crossland Date Chair

Page 3

White Gold Cornwall Foundation Statement of cash flows

As at 31 December 2024

Cash fows from operatng actvites Net cash income Adjustments to cash fows from non cash items Investment income Working capital adjustments Movement in debtors Movement in creditors Net cash fows from operatng actvites Cash fows from investng actvites Interest received Net cash fows from investng actvites Net increase / (decrease) in cash and cash equivalents Cash and cash equivalents at 1st January 2024 Cash and cash equivalents at 31st December 2024	2024 2023 £ £ 74,894 24,698 (1) (6) 74,893 24,692 (20,146) (33,401) (475) 4,862
	54,272 (3,847) 1 6
	1 6
	54,273 (3,841) 50,849 54,690
	105,122 50,849

All of the cash flows are derived from continuing operations during the above two periods.

Analysis of changes in net funds

The charity had no debt during the year.

Page 4

White Gold Cornwall Foundation

Notes

(forming part of the financial statements)

1 Basis of preparation

1.1 Basis of Accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) (September 2015) and the Charities Act 2011.

White Gold Cornwall Foundation constitutes a public benefit entity as defined by FRS102.

1.2 Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the charity continues to adopt the going concern basis of accounting in preparing the accounts.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period.

1.5 Material prior year errors

No material prior year errors have been identified in the reporting period.

2 Accounting policies

Incoming resources

Income is included on the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources, and the monetary value can be measured with sufficient reliability.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Page 5

White Gold Cornwall Foundation

Notes

(forming part of the financial statements)

2 Accounting policies (continued)

Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

The unrestricted fund has arisen through general fundraising, unrestricted donations and surpluses from pursuing the charity's objectives.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The cost of raising and administering such funds are charged against the specific fund.

Operating leases

Rental charges are charged in the statement of financial activities on a straight line basis over the life of the lease.

3 Donations and legacies

Donatons	2024 2023 £ £ 20,4432,266
	20,4432,266

Page 6

White Gold Cornwall Foundation

Notes

(forming part of the financial statements)

4 Charitable activities

Sessional work: Income BBO Grants: Safer Stronger Consortum Cornwall Community Foundaton - # I Will Fund Cornwall Community Foundaton - Worval Foundaton	Unrestricted Restricted Total Total funds funds 2024 2023 £ £ £ £ 569,948 -569,948363,654 - --1,000
	569,948 -569,948364,654
	---800 - --2,694 - --5,000
	- --8,494

5 Income from investments Bank interest receivable	Unrestricted Restricted Total Total funds funds 2024 2023 £ £ £ £ 1 -16
	1 -16

6 Expenditure on charitable activities

Support costs Sessional work Total expenditure	Unrestricted Restricted Total funds funds 2024 2023 £ £ £ £ 118,974 -118,97466,631 394,530 1,812396,342284,000
	513,504 1,812515,316350,631

Page 7

White Gold Cornwall Foundation

Notes

(forming part of the financial statements)

7 Net income for the year This is stated afer charging: Operatng leases Independent examiner's fees 8 Staf numbers and costs The average number of persons employed by the charity during the year was as follows: Charitable actvites Management and administraton The aggregate payroll costs of these persons were as follows: Wages and salaries Social security costs Pension costs	2024 2023 £ £ 2,0802,080 1,8001,800
	2024 2023 128 55
	1713
	2024 2023 £ £ 222,636164,647 7,1902,604 1,6301,299
	231,456168,550

No employee received emoluments of more than £60,000 during the year (2023: none).

Total key management personnel remuneration in the year was £46,013 (2023: £36,716).

The charity contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. At the year end £325 was outstanding (2023: £377).

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

Trade debtors Prepayments and accrued income	2024 2023 £ £ 73,84755,078 1,569192
	75,41655,270

Page 8

White Gold Cornwall Foundation

Notes

(forming part of the financial statements)

10 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Trade creditors Accruals Taxaton and Social Security	2024 2023 £ £ 401- 1,8002,400 3,7384,014
	5,9396,414

11 Charity Funds

Current year:

Restricted funds Worval Foundaton Training fund Designated funds Salary fund Operatng commitments fund Referral support fund General Funds Unrestricted Income Fund Total Funds	Income Expenditure Transfers £ £ £ £ £ 1,236 - (1,232) -4 580 - (580) -- Brought forward Carried forward
	1,816 - (1,812) -4
	80,000 - - 35,000115,000 3,000 - - 4,0007,000 - - - 10,00010,000
	83,000 - - 49,000132,000
	14,889 590,421 (513,715) (49,000) 42,595
	99,705 590,421 (515,527)-174,599

The purposes of the above funds are as follows:

Worval Foundation - to provide and sustain a cohort of young people who are facing extreme mental health issues and to continue to support young people where other funding has stopped.

Training fund - donation given to cover training costs for staff and engagement workers.

Salary fund - provision for 3-6 months of staff costs in the event of a loss of funding.

Operating commitments fund - to provide 3-6 months of operational commitments in the event of a loss of funding.

Referral support fund - to provide support for individuals who are unable to fund their own participation in the charity's programmes and sessions.

Page 9

White Gold Cornwall Foundation

Notes

(forming part of the financial statements)

11 Charity Funds (continued)

Prior year:

Restricted funds Worval Foundaton Cornwall Community Foundaton - Turn the Tide Training fund Safer Stronger Consortum # I Will Fund Designated funds Salary fund Operatng commitments fund General Funds Unrestricted Income Fund Total Funds	Income Expenditure Transfers £ £ £ £ £ 1,664 5,000 (5,428) -1,236 3,364 - (3,364) -- 820 - (240) -580 - 800 (800) -- - 2,694 (2,694) -- Brought forward Carried forward
	5,848 8,494 (12,526)-1,816
	60,000 - - 20,00080,000 3,000 - - -3,000
	63,000 - - 20,00083,000
	6,159 367,162 (338,432) (20,000) 14,889
	75,007 375,656 (350,958)-99,705

The purposes of the above funds are as follows:

Worval Foundation - to provide and sustain a cohort of young people who are facing extreme mental health issues due to the lockdown restrictions and to continue to support young people where other funding has stopped.

Cornwall Community Foundation - Turn the Tide - fund to work with young people to break away from drug related issues and gangs in which they frequent. To prioritise teaching and sharing experience and information about the risks to prevent them being involved in drug use.

Training fund - donation given to cover training costs for staff and engagement workers.

Safer Stronger Consortium - Cost of Living Grant. The Fund aims to raise money to offer financial support to the people most at risk in Cornwall. The aim of the fund is to support vulnerable residents and families, who have been affected by the significant rise in the cost of living, to pay for essential items.

Page 10

White Gold Cornwall Foundation

Notes

(forming part of the financial statements)

11 Charity Funds (continued)

I Will Fund - looks to support social action activities that create opportunities for young people aged 10-20 (or 25 for disabled people) to develop their potential and their capacity to significantly contribute to their community. Social action involves activities such as campaigning, fundraising and volunteering and has huge potential to create enjoyable opportunities and skills development for young people, and in turn benefit the local people and places.

Salary fund - provision for 3-6 months of staff costs in the event of a loss of funding.

Operating commitments fund - to provide 3-6 months of operational commitments in the event of a loss of funding.

12 Net assets by fund

Net assets by fund
Net assets Net assets	Unrestricted Restricted Total Total funds funds 2024 2023 £ £ £ £ 174,595 4174,59999,705
	97,889 1,816 99,705

13 Transactions with trustees and related parties

None of the trustees have been paid any remuneration or received any other benefits from this charity. No expenses were claimed by trustees.

Page 11

White Gold Cornwall Foundation Independent examiner's report to the trnstees of White Gold Cornwall Foundation Charity registration nLJmber 1169622 For the year ended 31 December 2024 I report to the trustees on my examination of the accounts of White Gold Comwall Foundation (the charity) for the year ended 31 December 2024 as set out on pages 2 to 11. Responsibilities and basis of report As the charity's trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charitie5 Act 2011 ("the Acv,). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act.,In carrying out my examination. I have followed the Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed n)y examination. I confirm that no matters have come to my attention in connection with the examination which give me cause to believe: the accounting records were not kept in respect of White Gold Cornwall Foundation as required by section 130 of the 2011 Act; or the accounts do not accord with the accounting records: or the accounts do not comply with the accounting requirements con￿MIng the form and content of accounts set out in the Charities (Account5 and Reports} Regulation5 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 understrdnding of the accounts to be reached. N Hallam FCCA Crane & Johnston Chartered Certified Accountants 11 Alverton Terrace Penzance Cornwall TR18 4JH Date: Poge I