WHITE GOLD CORNWALL FOUNDATION

Registered charity 1169622 · accounts filings on the Charity Commission register · also known as WHITE GOLD FOUNDATION

White Gold Cornwall operates throughout Cornwall and the Isles of Scilly. We work with children and young people providing one to one mentoring to help them navigate life's challenges. We support those who are vulnerable and at risk with a multitude of issues e.g. lack of confidence and self-esteem, challenging behaviour and those failing to engage in education. Please see our website.

Objects

1) TO ACT 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 LIVING IN THE AREA OF BENEFIT 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 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).

Area of benefit: LOCAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Other Charitable Purposes · website · Get email alerts

Latest income
£590k
Latest spending
£516k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's financial position remains very strong with total net assets increasing to £174,599. The trustees confirm there are no concerns regarding the charity's ability to continue as a going concern. Reserves are held to cover 3-6 months of expenditure, with designated funds totaling £132,000.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three to six months of expenditure (held: £175k)
“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.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/12/2024)

Total income
£590k
Total spending
£516k
Cost of raising funds
£211
Reserves (reported)
£43k
Employees
17

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall · Devon · Isles Of Scilly · Plymouth City

Income and spending

Financial year endIncomeSpending
31/12/2024£590k£516k
31/12/2023£376k£351k
31/12/2022£213k£209k
31/12/2021£168k£175k
31/12/2020£175k£143k

Common questions

Is WHITE GOLD CORNWALL FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity's financial position remains very strong with total net assets increasing to £174,599. The trustees confirm there are no concerns regarding the charity's ability to continue as a going concern. Reserves are held to cover 3-6 months of expenditure, with designated funds totaling £132,000. Its FY2024 accounts were independently examined.

Who funds WHITE GOLD CORNWALL FOUNDATION?

Funders whose own accounts filings name WHITE GOLD CORNWALL FOUNDATION as a grant recipient include DUCHY HEALTH CHARITY LIMITED, CAREW POLE CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
DUCHY HEALTH CHARITY LIMITEDFY2022£5k
CAREW POLE CHARITABLE TRUSTFY2022£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government24/09/2020£10kVSCE CMC Fund

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with VOLUNTEER CORNWALL.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WHITE GOLD CORNWALL FOUNDATION£590k—0unclear—no doubt
VOLUNTEER CORNWALL FY2025£2.4m—0unclear—no doubt
CORNWALL CARE LIMITED FY2025£34.6m—0unclear—not going concern
CORNWALL COMMUNITY FOUNDATION FY2025£5.0m——unclear—no doubt
YOUNG PEOPLE CORNWALL FY2025£1.9m—0unclear—no doubt
CORNWALL PEOPLE FIRST FY2025£126kUnder £60,0000unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.