WHITE GOLD CORNWALL 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.
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.
What the accounts disclose
“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.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Guy Eyres Mr
- HOWARD JOHN STEVENS
- JOANNE ELIZABETH MARY DUNCAN
- Judith Mary Anne Dumbrell
- ROBERT STEVENS CROSSLAND
- Richard Wintour Bennet
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 24/09/2020 | £10k | VSCE CMC Fund |