THE GIWENNILI TRUST
FINANCIAL ACCOUNTS
for the ve2r ended 31 Deceniber 2024
14gelotG

THE GFPENNILI TR UST
ELECTED TRUSTEES
J.P. 'ThoTllton (C:harmaii}
A.J. Ficld (Hon Treasurcil
F..FJ.IL. "Ihoriitnn Q lon Sec)
S. j￿]10￿
C.S. Baddcley
D. MorrI￿n (from 23 Sep J124}
CORRESPONDENCE ADDRESS
OaLside. l Mjrlbvrough Ku
Burbage. WtltshirL SN8 3AU
CAF BanL Lta, ?
King5 1 lill A￿e1]UL., KiiiBs Hdl,
Wv8t Malling, Keiit ME19 4JQ
Llotrds BJnL plc. Blaikheath Loiidoti Bi'2nLh,
PO Doi I￿), BXI 1T.-r
Accouf*TAwr
N/A
INDEPENDENT EX4MINER
1211 Sturgeon F.s4
The Doiible T
Flowers Drove
Lytchett Matraver5
POOI..E B1116 6BX
REGISTERED CFL4R TfYNUMBER
1049041
COMPANYREGISTRA TION NUMBER
J091887
Pagc 2 of6

THE G WENNILI TRUST
ANNUAL REPOR T OF THE TR USTEESfor the yedr ended JI Decembtt 2024
HISTOR Y AND OBJECTS OF THE CHAIUTY
A Chariuble 'l'ru%r establi5hcd on 16 August 1995 i¥irh the objcct of the pr0Tr75ion ot the
reliet-at-thc phyqcall}' or nicnrall). dillbled - in particular e_x-5er%iieinen Jna wonien, y()un¥ p
Iid those in neceKsitoiis circiinisuncL¥ - by the pro¥ision ut-nJiitical, reirc2ti0I?21 and educatini
tacilitics on board appropriate ￿t￿lS or training facilitse
ThL charit). registered a% a C"haTatahle 'lru5t No. IIHgMI on 16 A0￿1st 1995.
TRUSTEES
IhL E.'Icctcd ana c.o-OPEed Trustees sNho held office duriiig the )"¥ar ivere &* t-olloiNTr:
ELECTED.. _
J P 'lh()rnts)n ( c'h2irrn2n)
Il Ei Thornton (Hon Secrctary)
AJ Ficld (Hon Tre￿LIcer)
S P Jailioii
C..S. Traadeley
D MorrI￿n (froni 23 Sep 2￿?4)
STA TEMENf OF TR USTEES. RESPONSIBiiJr￿S
C-hanfj law requtres the Trusyees to prepare accounts tor e)ch tinanCI￿ F'ear Trhich ￿ve a (rile a
%ieiN- nf the .state ot-thJirs ut-the Charkr). and ok-its fiLiancial aciiTriii¢5 t-or that }ieriod.
In pr¢paring rhose 2CLounts the Trustees 2re required to..
select suitahle aLLountilliv
¥J policics atid then apply then) consi5trDtI j
iiiaLe Judgenient% aiid LttiT)Tratcs thar arc reasonablc and prudent
k"ollo%v thc recomniendaric)TL$ Of the C.hJrities Coniiiii5sion Jnd oÉ- thc aL CLTrunting professi
wich re￿Id3 ¢0 tvrm and iontenr of the accounty or ro disclose ￿la eNy12in any d¢pJrnir.
therclrom
PTeP3re the finarlcial statcnieiits on the %oin.g concern basis unles it is inypropriate ts) ass
thar the chariry ivill contsnuc bu5ine55.
The Truaees are T¢5POTJSTblt for keepthg propct dcc ountsng records ivhich disclo*s i￿1th reasui
aicuracy Jt an) tinie the. financial position ot.the Charity and to enahle theni to ensure that the .
cninply the disclosiire re￿lIatiOns. The)" arv alw Tf5POTLsible t()r ￿feguardi￿￿. thr assets ol I
Ch2rifj and hence f¢)r Lik"ing reasvn<ible st¥ps Ivr thl ptl vcntion and dettction ot- tr211d and oth
irre￿ildI1￿C
RESER VES POLICY
The tinan¢ial r¢s¢rvcs Trvhich have heeD sei aside Pro￿lde tinancial st2bJlit!' ￿)d &c means for thi
developinent of the Chtiriry's obJectxv¥
The TrusteLS regvlarlv reweiv the amouu¢ of funds thar the Charity require% to en%ure that thLy
deq112te to liilfil the chariTr's ic)ntinuJn8 obli.fJuon5.
I￿15 rc
roNrd by the Triistees un
and is Si￿ed un beh41t"i)ltheni Jll.
(Chairman)
P3¥Y _l of 6

Indeptndtnt E¥omitt¢p's Rqkir< to tht trnstm of
THE GWEhWILI TRUST
for th¢ yedr trfdrd 31 De¢emb¢r 2024
I rLpoEt on the 2cL<)iinL* of the Trus( for tbe year ended 311)eLemher ￿24. wthich set out
oil pages 5 and 6
RESPECTIVE RESPONSIBILrriES OF TR USTEES AND EX4MINER
As the Charivj s'l r￿￿Ls }ou aTe respoiisible fL)r thr prrparutivn of thL &LLt)UT]ts. You consider
audit requirernent ol. ￿([[01} 4.3(2101"th¢ C"harities Ai t 19)3 {chL Act) does not apply. Ir is Tn¥
re%p()nsihility to eyaniine the accoiints, and S¢2re un the b*15 Ot prorcdures specified iii che Gen
Dir¢cttoi)S VVLn bs the ChiriN' Coinniitsioncrs iindcr ¥ection 43 (n(b) nf the Act, ￿Yhether 2111.
niallers haTre comc to ni). 2Qention
SIS OF INDEPENDENT EXAMINER REPOR T
MJ" examlrianon carried out 111 acc ordance iNith the Cpeneral l%'rectir)ns giveii by thc Charit
Conullissioiiets. cxiniinatian inLludes a revieii" ot-the accounting records k-ept b}, the C'h3r
and 2 conipgriscjn of the accounts presented those records. It 21s0 includes consideration <
unufual itein5 or dAse10￿1res iii d]e 2ccounL%. steking e.KplJnJtions ttvm trou as Trustees coi)ccrii
aiiy such matters. 'Ihe pror¢dures undertaL-cn dr) nor provide all the evidenie thai iVOLild be r,
b!. all audit, and conscqueiJd} I do not t.ITr¢ss an audii opijiion on thL ViL W (Tri¥¢n b). thv aLL()I
INDLPENDEVT EXAMINER'S QUALIFIED STA TElfENT
In ionnection wi¢h nL} ciainindtion, no matter ha% cr>me to my Attention..
whiL h gives rne re￿nable cause to b¢licvc that material respect the requireni
"Fo keep acc¢Junting records in accordance with seitif)n 41 ot-the Act.. an
prcp2r¢ ￿CoU11ts Which acii>ra w.ith accounting reiord5 Jnd tu ioiiip.
accouuting rcqiiircinents uf the ALI
haie not be¢n metr. or
(2)
to ￿￿h7ch. in TTJN opinion. attentson thoiild bc draivn in urdeT til enablv 2 propei. un
ot the Jccounts to be reached
I Siurgcon E4
fornjerly an AssoLiUIL of ihc LThartercd Insurance Iiistiiute (ACII)
The DoiiblL I.
Flowcr5 DriivL
I,ylLhLlI Miilravers
POOLE B1116 6BX
(datr signtdl
P2ge 4 of 6

THE C WENNILI TRUST
STA TEMENf OF FINANCIAL ACTIPITIES
for die year emdtd JI December 2024
Unrestri(fed
Income
Restri¢ted
Incorn¢
Tot41
Totdl
Funds
2024
2024
2024
INCOMING RESOURCES
Donations
DJY SJilkng
Yacht Charter Contributirjns
Skipp¢r F-eL R¢tLind (See note l)
SecurxN. Depogt Iietuins (Scc llocc 2)
Tr1iiiI￿I. Courses
Grants &" Bursaries
Bank Intcrcst
ietiinds &- Tran￿e[S IN
17,7iO
7.475
17,750
7,47J
2.388
280
16.720
14,?75
2.388
?4,0(
57,993
i7,995
907
15,200
61,6.37
15,2
IU,671
Sub lots]
41,332
60, 661
128.421
RESOURCES EXPENDED
Ad￿1]Ustration &. PR
Dav SJiling
c'rui￿ (incl UKSA &- TectoiiA)
Yachi Charrers
Pro Skipper r.ecs
Yacht securi￿ J)eposity I)ania￿s l.ows
'rr￿n171& C.uiirses
C.harrcr Eypcnscs
In5urancc
Raciiig &- Dliiid Week
AL"iuiint r-lcs &. Subscriptions
Refiiiias &. Tr￿￿er5 IN
2,328
13,250
2,328
lJ,250
lQ,2(Ai
J6, 881
36,881
2, 8iJo
1.459
1,686
6, J44
1,487
11,236
615
17,550
27,C>77
1,459
1, 086
6,3
1, 487
11,2J6
i,433
615
15,&)0
2,550
Svb Toral
J2,680
62, 956
9.f, 636 103. 646
NET INCOAIING OVER EXPE.VDIJVRL.
8.652
(2, 295)
6,357
24.775
13, 140
40. 508
53.648
28.873
21,79?
53,648
P2F 5 of 6

THE GWENNILI TR UST
BAIANCE SHEET
as dt 31 Decenibtr 2024
)24
Balance brotsght for%￿ard at 1st lanuary
53,648
Plus F.xcess Inconie oNrr F.Tenditure
AdJustsnent at year end {see nO¢e)
59, 805
Reprcsented by Funds.. -
LJoyd5 Bank Accnunt
19. 141
CAF Nt) l Account
500
CAf. No 2 C•old sfA Account
40, 164
Dcbtor5 (Nill
59, 805
Notc:
End of }"car 20J? rhe account held a creditor,. payment recei￿ed in
Jatiuarv 2024 bul tor utikiioTrii accnuiitiiig reay)ns, a £7)) tmbalani e
contsnued rhrou8h the }'ear _￿24. Ncither dkc TTc&surer n()r Indepe￿dent
F.xaminer could idei)¢ify- the cause, bui a8reed that an 2djustmLnt shoiild be
m2dc so tha¢ 4ininol}' i5 carried 1.orw￿d to year _￿￿.
Bank- holding5 iP*-ere £59.8QS Is ￿t￿d, on 31 Dec 2024 and thi5 is rellected
iii the Fii)JnciaJ s￿ernent.
Pagc 6 ot"6