THE PEARL EXCHANGE CI0
To act as a resource for young adults living in Cornwall and Devon by providing advice and assistance and organising programmes of creative and educational activities alongside counselling and mental health support.
Objects
1. TO ACT AS A RESOURCE FOR YOUNG ADULTS LIVING IN CORNWALL AND DEVON BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF CREATIVE AND EDUCATIONAL ACTIVITIES AS A MEANS OF:(A) ADVANCING IN LIFE AND HELPING YOUNG ADULTS 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. FOR THE PUBLIC BENEFIT TO RELIEVE THE NEEDS OF YOUNG ADULTS LIVING IN CORNWALL AND DEVON WHO ARE EXPERIENCING OR WHO ARE AT RISK OF EXPERIENCING POOR MENTAL HEALTH BY PROVIDING SUPPORT INCLUDING SUPPORT TO ACCESS FREE OR HIGHLY SUBSIDISED PROFESSIONAL THERAPY AND COUNSELLING.
Financial health, per its FY2026 accounts
The accounts state that the charity reported a surplus of £63,700 for the year ended 31 March 2026, with total income of £252,351 against total expenditure of £188,651. Free unrestricted reserves stood at £91,498, which the trustees confirm is in alignment with their policy of holding at least two months of running costs. The charity operates on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Trustees aim to hold at least 2 months running costs as free reserves at any one time.” — page 9
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2025) to "above" (FY2026).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Volunteers: 10
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 10
- Government income: £30,771 — grants £30,771 (1); 14% of the £221,508 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 5
Trustees
- Sir William Molesworth-St Aubynchair
- Alice Rosamund Hicks
- Franklin St John Bamford
- Heather Hodge
- Jonathan St John Bamford
- Pollyanna Alice Hughes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £252k | £189k |
| 31/03/2025 | £222k | £206k |
| 31/03/2024 | £210k | £144k |
Common questions
Is THE PEARL EXCHANGE CI0 financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a surplus of £63,700 for the year ended 31 March 2026, with total income of £252,351 against total expenditure of £188,651. Free unrestricted reserves stood at £91,498, which the trustees confirm is in alignment with their policy of holding at least two months of running costs. The charity operates on a going concern basis with no material uncertainties identified. Its FY2026 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/11/2025 | £125k | The Pearl Exchange |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BENEFACT TRUST LIMITED | 1 | £500k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £290k |
| CLARA E BURGESS CHARITY | 1 | £236k |
| MONTPELIER FOUNDATION LIMITED | 1 | £235k |
| The Merchant Taylors' Foundation | 1 | £199k |
| THE MARY KINROSS CHARITABLE TRUST | 1 | £160k |
| LANDAID CHARITABLE TRUST LIMITED | 1 | £100k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £98k |
Charities like this
- THE CHANGE PORTFOLIO
- DEPAUL UK
- COUNSELLING AND SUPPORT FOR YOUNG PEOPLE
- Caring for Communities and People
- STRING OF PEARLS
- FOR CHILDREN & YOUNG PEOPLE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PEARL EXCHANGE CI0 | £252k | — | 0 | above | — | no doubt |
| THE CHANGE PORTFOLIO | £937k | — | 0 | below | — | no doubt |
| DEPAUL UK | £25.4m | — | — | above | — | no doubt |
| COUNSELLING AND SUPPORT FOR YOUNG PEOPLE | £654k | — | 0 | above | — | no doubt |
| Caring for Communities and People | £13.0m | — | — | above | — | no doubt |
| STRING OF PEARLS | £599k | — | 0 | unclear | — | no doubt |