Registered company number.. 03650i77 (England and Wales) Regisiered charity number: 1073048 Report of the Trustees and Unaudited Financial Statemenis for the year ended 31 OC￿ber 2023 for The Rona Trust The Rona Trust Contents of the Financial St•temeDts for the yegr ended 31 Oetober 2023 Page Rep)rt of the Trustce5 Independ¢ni Examinels Rewrt Swement of Financial Aetivities Balanc¢ Sheet Notes to ihe Financial Stst¢rnents Tbe Ron* Trust Report of tbe Trustees for tbe year ended 31 October 2023 The tru5te¢s, who are also directors of the ¢hartty for the puEwJses of the Companies Act 2006. pre5eni their r¢p)rt Wlth the finan¢ia] statements of the charity for the year ended il October 2023. The trnste¢s have adopied the provisions of the Chariiies Ststement of R¢¢ommended PrdCti£e ISORPI "Ac¢ouniin8 and Rewrting by Charities" eff¢¢iive January 2019. REFERENCE AND ADMINIsfiL4TIVE DETAILS Registered Cornp8ny Number 03650377 (England and Wales) Registered Ch*rity Nmmber 1073048 R¢gi5tered Offitt Unit 13 Univtr5al Marina Sartsbury Green Southampto Hampshire S0317ZN Trnstees William Whiiehouse-vaux Ichaimianl Alan Richardson Andrew Searle Andrew Wiighi B¢¢ky Shaw Christopher Bean¢ Chrisiopher Matthews Duncan Farrant Dawn Bishop Giles Thorl¢y William Heath￿al Amory Company Sef retsrv Sarah Woodrnan lapkX)inted 31101124) Brid Barrett Iresigned 311011241 IDdependent Examiner Jaine Besi FCA 1st FIcK)r, Unit 12 Compass Point Enstgn Way Hamble Southampton Hampshire S0314RA The RoDa Trust Report of tbe Trustees for tbe year ended 31 October 20Z3 Bankers Llovd5 Bank plc 43 West Sirtti Fareham Hampshire P016 7FJ Flag510ne Investment Gmup 1st Fli)or Clareville House 2fv27 Oxenden Street London SWIY4EL The Rona Trust Report of the Trustees for the year tnded 31 (ktober 2023 .4CTIVITIES AND OBJECTIVLS FOR THE PIIBLIC BEf*EFIT The Rona I"ru# is a eharits. thai orthtrs thTtt large sail training )xhts under the name of the Rojja Sailing Projeci. Th¢ Righi Honourabl¢ Derick Heathco* AThrs'. Visu)uni ATrK)r)'. wted the ¢harity' to Provide opp)rtunitie$ through sail trdining for voung r*ople to d¢i'¢lop a sertse of T¢S￿nsibIlitI", le￿)Urr¢ful￿CSS and ieamwork. that will help thern thTOU8hout their lives. These Origin￿ aims ttmain r¢kvanL and the charits"WllTill￿5 ￿ have substantial and b2neli¢tal impa¢i on the ttwy young r*ople sail IL Thile the original ethos r¢mains unchaTrg￿ rhis obieciii"c bttn exknided lo pcopk Niih ph)s1￿, sertSOTV or learning disabtliiies ￿ those o%ere()ming phlsical or tnenTai heajth iSSL*S a[￿ tlK>se in treath￿nt and Te¢ov¢ry from dm8 and alcohol addiciion. S￿[ Training h&$ proved io be equall)" ￿nefICi￿ 10 ttople faeing thes¢ challenges. The TTUSte¢s cotifiTtrt that thev hal'e Teferred to the guidance gii'en M. the Charl￿. Cofftmi55K>ners on public Ftnefil when revieThing ik ¢haTih s aims and objcciii'es and %4"hen planniThg funjre activities. GOVERP41NG DOCUMENT The charity was initiall! fomjed 35 a pri¥at¢ ¢hoJithle Ventu￿ in 1960 (then as the ￿ndOn s￿li￿g Proj¢ci} 2nd forn￿liSed 35 a charitsble settlen￿￿1 on 1st JulN' 1961. Thc RoTra Tru￿ w.as firn Tegistrred as a charity on 1st Ikcember 1966 and became a wrryanv lllnited bi. guarantee on 151Novernber 1998 (charity numb¢r.' 10730481. GOVERNANCE AND mANAGE￿IENT Th¢ work of the chaTLN' is oi"erseen and rrK)ni￿1Cd by a IKJard of Ttu¥¢¢5. None of the Twst¢ts h&s any nelicial in￿rest in the ¢vmpani and all give their serYic¢s on a iolunLkn basis. All the TnLS*¢S aT¢ T[￿M￿S of the comrydn) and 8uardllte¢ TO conknbute £1 in the ei.ent of comparti Iring woU￿j up. Trustees are regularlN t￿lef¢d on ihtir legal obliwi0rt5 and fr¢quentl>" med k¢i' emploNe£s and other Tntsttts. Th￿ are proi'ithd with m2nagenKni accounts busirhtss plans and rekiani goi¢rtwice th)cumeniaiiott. The oper*ions of th¢ charity are oi'er5eeTh M th¢ Proied Diteaor wlM> is SUPPrt¢d by. a tram of four administyaiivc and kchnital staff. The Proiea DireC￿r rcBularfv consults ￿1th the Truskes ￿ekS their approval on ke) 5traiegic and operaiional i&su¢ The chariiv 15 l'et!. forturhaie io haTr¢ ihe serritt5 of ￿￿)re than 3(Ml skilkd and enthusia￿lC The olun*¢rs run the vo)ag¢& help io llbaintsin th¢ i7chts and contribu* u) the success of the charin. in mani oih¢r wajs. RISK MANAGEMENT The charity T¢cognists thw iheTe aff inhereni risks associakd iiith its orKrations and financial activibes. To rnitigaie these risks. the ¢haTity has emablished robLW risk. mar1wn￿l rx)licits and procedu￿$. including regular monitoring and rei i¢M' of fJnaDcial transactions and ￿1%.[[1¢$. The charifv ￿s0 mainthins appropriate insuranc¢ ￿￿erage lo protect againsi p)ienrial i0￿s. D¢spire thcst tneasuTe& iher¢ is aiwa%s a possibililv thai unloresecn ei'enis occur thai wuld imparT the charih'5 fjnancial wsiii(m. The chaTih is wnunilltd io proacEivel)' identifying and rnana8in8 risks 10 minimise their impKi and ensure thc long4erni susvinabiliry of the organisarion. Toge1￿￿ h'ith ihe Proje¢i DiTecior. th¢ Chari￿'s Trus￿¢S reguloTli' rn"1¢￿. and ￿seSS the risks atld tske appropriate aaion5 to manage them furtheras theLr55aTV. SAFECUARDING Th¢ ihariTh is cnTnrnit[￿ to crcating a safe ?￿j secwe et)ViTonTrKni for ev¢ryDDe sail& M'orks or i'olunteers wilh the Trust. A robust Safeguarding w)lio a￿1 associaied procedures aT¢ In place. whi¢h are regularl), T¢viewed and upjakd ￿ ¢￿s￿re that th¢ higheA aandards of safeguardirhg are n￿L The Roma Trust Report of the Trust¢es for the year ended 31 Oetober 2013 Concerns raised aTe taken extren*lv 5¢ri0uslv aThJ there is x ¢leaT retrf>rting proce￿ in pia¢e w ensuTe that ihese are deali wilh protDwli' and appropriat¢li'. The Thilfare and pro￿11￿n Ole￿erv0ne Mils the TTU5t is priorilised and we Contin￿ to striwe for ¢x£ellence in our saf¢guaTding practice& All Trusttt& staff ond volun*ers regularli 5af¢guarding irnining to ¢nsure thai thev have th¢ necessary skill& knoi%ledge and exwietjce to M'ork. ￿1th trainees in a safe and appropriatr martner. Enhan¢¢d checks are made with the Disr105ure artd Bam"ng Service for all volun￿[$. SAFETY The frustres attd ihe Project DiTVLTrT ensure that the TrU￿'S sailing i'essels are well tnaintsined and fully coniply with ihe appropria* cenificaiion laid domm h%" the Mariiith￿ and Coaslguard Agenth IMCAI. The Trust ha5 develo￿d aEh ind￿Str¥I￿11ng Manage￿1 S)*cm which is ftequ¢ntly reviemed and u￿Ja￿. A rignrous selection and protTh)iion procedwe is in pl&r for apwiniing volun(eetS kn wsiiions of reswnsibility on the )"achts. Thi5 includts ensuring thai appropTiatr in-date Roi"al Yxhiing AS￿￿￿tIOn IRY Al qualificaiiDn5 and cornmercial endorser￿￿ ￿there neces&kn. are held. The process for the apry>inthKnt of SkiP￿ts i5 particularl) thorough and demanthng. The perfornw)¢e of skipFrs is closel). monttored. and ihej 8r¢ reqUI￿d to undenake Tegular r¢i'alidation asseSStMI￿ demonstrate IheN are maintaining th¢ highest Itvel of coMr*tr￿c. Ai the b¢ginnin8 of each year, the Trull njns familiarisatiL)El training weekeE)ds for thc voluntreTS to prep3r¢ them for IhE forthcomirtg sailing se&g)n. ACHIEVEMENTS AND PERFORMAliCE 2023 was the first full sailinE season since thc pandemic. ThE Rona Sailing Project ran a totsl of 132 voyage5 beNeen March and Offlober 2023. 101 of which wrre for people or then￿￿tIc VON7ges. Jn 1.567 people caTrK sailinE Thiih the Proi¢rL including 733 )oung wple un¢kr 26 and 53 Fwpl¢ ￿lth addiiional tred5 such as disabiliiie& serious illness or kamang diifi¢uliies. The i"oN7g¢s rdnged from I ￿ 14 daNs. We welco￿Kd new organi￿10￿$0Tr vo)'a8es. including supp)n refuge¢s and those in cart. We coniinve io satl ￿]th the Gemini Project Iw)pk M'iih learning difficuliitsl. Sail 4 MenLII HealtTrL and Phoenix Fuiur¢s Idrug and alcohol addi¢iionK plai'ing avithl rok in inJpro%ing quality ofiife aThd ￿din£ r¢wveF)'. We received ov¢n4klming FKksitive fe¢dback r￿M ¢re￿5 well as from their parett￿ tachers and carers n (he beneficial tffccls iheir sail training vovage had on them. 95% of creii" enjo)rd their %'0)agc. 98YD carried on ¢ver5 when things wer¢ difficulL 92*• 5tstrd that they had in confiden¢e after their vofv*gc and 98Vo %4'vuld recomtnend io a fri¢nd. We started the se&son w'ith the of Donald Searle b¢tng naTr*d as ￿ MCAIASTO Sail TTaining Ve￿] of the )ear. Oyr 3 large )arhLI Rona 11. tlonald S¢aTk athd merri￿1[ enier¢d the ASTO Small Ships Rxe in kp*mkr. This is a ieTh' wpular efveni and the l'ach￿. We￿ crewed ￿. a of 18 1.olun￿r5 and 41 trainee crew. The Pmjeci took part in the Round the Island Rx¢ in 2023. w'hich m.as a fanlasiLC exptTienc¢ and a greai succes5 for those who took P*L Partitipants gal'e donaiions ￿ the Project io tale parl lot￿[ing £2.765. The TTUM did panicipaie in th¢ Tall Ships Rxe 2023. InsttsL Rona 11 w*5 based in Plfvmiouth for sei"er&l w¢¢ks and i'isikd the cow11￿, the Chan￿1 Island& the lsks of Scillv and Irelaod on longer rrK>re adv¢Thwrous VO)W. The Rong Try$t Report ofthe Trnstees for the y¢*r tnded 31 Iktobtr 2023 VOLLINTEERS Thc Tru￿ is volunteer-based and we rel)" on woluntrer5 10 nm the sail trnining vo&aEes and to IKIP With various aspeas of running lh¢ chaTits". including ytfitling and maintetwice or the vessels. We ¥r¢ gra*ful ro the voluntrTS litho provi(kd i'alu&ble ￿]¢￿1 and pa&sioD ￿ the or8allisa¢ioD in 2023. erthbling iL$ 10 0￿rate ¢tficienil> and effe￿1ve￿. There are two rouies to becoming a volun*¢r. The fI￿L and c4)mnx)]L u'av is to tteome a Junior Waich Leader knving sailed on a 5.0￿age &s crew. In 2023. 44 a¢¢ewed iTÈ%i131ion lo participate in ￿'al￿ Leader Trainjng to sail &s Junior Watch Leaders in 2024. Adults can jojn the voluntru rank-s through i.olunietrtrainiJ)g weekend5 or by joining a dÉrectli' as a 9]￿M￿n¢￿Ty and M'ekonKd 15 neM' aduli voluntrers in 2023. OUR YACHTS Our w¥hts are in ¢Ncelleni COr￿lI10n and are ¢XFtcted to Contin￿ in serwice for many n￿¢ yeat8. Our Ocean 62 Nachi Merrill￿ is due a 5 )tar Qui of w.aicr sur%'J' in Ma)" 2024. Tr Tnjstees (kcided ihaL befor¢ she is SUT%'¢ved. sh¢ ￿.111 have a rnajor refiL The wY)tk is pr(wing Hell and it)cludes r¢OTgaJJi￿i0n of her lankag¢ kn tompl) with regUla￿Tr WulT¢n￿niS iogeth¢T with rearranging of heT below de£ks aceoMJ￿da1lDn io incre&se her flexibility" and 5uiiabilit)" for caryin8 wulner3bk )'oung wpie athd wjults. FIYANCIAL REVIEW Despite ih¢ increase in Ihe cosi of operaiing. the TnJ￿ tthnains in a strong financial rxjsiiion. Whi15t ineom¢ from donations u'as Slrong theTr M'ere. homti'er. significanl and unforeseen tises in cost in 2023 and Ihe Tnj did end the lear i%ith an 0￿ratillg d¢ficiL &8 budgffltd. of £16.197. We Mtte. how¢i'er. lonunak kn T¢c¢ive a one￿1181)0t￿fv1fKlUs leRac.% of £IOO.(KKI IE¥vin8 in a su￿lUS ￿5]IlD[t of£83,803. li LS the ￿li¢V of the charity that wiresrriaed funds ￿'hiCh hai"¢ Tlof been don*d tOT a specific use should be mainiaincd ai a minimum l¢Nel equii'aleni 10 h4"0 [￿nths- t￿￿NdI￿re. The TTU5ttts consideT that rcseTves at this lei'tl ilill ensurc that in the e%¢ni of a signif￿￿nI dmp in funding. the TnL5t's actii'iiies will bc abl¢ 10 oniinue whil¢ conside￿Il0n is gityejj To Mthich addi￿)[￿1 funds ma) be This kvel of trs¢rve was t[￿Intained throughout the itar ujjder review. Although none of tlK I'achts 15 in need of ￿plaCeme￿L the Trus*es are s¢¢king to increase the charilv's cath reseTVeS for when this b¢¢onKs nece&sar)' and have ￿ a5i(k an *lditional £50.IMKI for this purpos¢. DOYATIONS The Trnsiees remain gT&trful to thc Armry Tru￿ and the karle Famil). for their continued and generous supwrt 10 th¢ TrusL which iThcrea5¢d during 2023 and contributrs signifitanilN 10 the fjnantial sthi11￿ of I organisaiion. The Trust al￿ Teceiied the annual HatrnTM)nd Bursan from ASTO. w'hich PToTrides fi]nding ror vovng peopl¢ aged 25 or under. 01 people ￿"1th sp¢cial nttds of ani. aee. to tsk"¢ part in sail training i'oiyges and 10 offs¢i (he cow of iraining volun￿r5 and sthtT. The Tru￿¢¢$ arc also grateful to the volun*ers B¢neroush" JnaL¢ significant donalK>ns via tN>nTht)' direct d¢bits or onc￿rr donalions. The Trull is ￿gI￿red M"iih HM Retrenu¢ & IHNIRCI for Gift Aid ajjd re£¢iN'es qu2lif)'iDg donations from individu￿$ ￿ffi0 hav¢ paid enough LK income t&x or capital ￿n$ Cover the amount ot'ihc Gift Aid claivrd. Sincere thanks a￿ aL%o due to other existing and Tmw th)I￿r5 and suprrf>rtets m*Je generous coniribuiion& including the Worshipful Compart3. of Girdkr& the Lillle Britain Chalkn8e Cup. Heart of England Cornmunits Foundation. the ￿'hiTI￿"1nd Charits.. the Ro)71 &>uth¢m Yacht Club Ladies ChariTh'. London Siock E¥changi CJTQUP and TrintN" House. The Rona Trust Report of the Tr￿stee$ for the ytAr ended 31 (ktober 2023 We are also incredibly grateful for th¢ gen¢rou5 I￿kind supwrt received in 2023 from AkzoNobel. GOIYG CONCERN Ai th¢ ii5ne of appTOi ing the fman¢ial 5wenMts. th¢ Trus￿$ hai'e a re￿nable ¢kFtcthiion thai the charity. has adequa* Twurces 10 coniinue in i)FKNional existenr for the foreseeabk future. Thu& in the attsence Of aryy ￿￿erial UTh¢¢rTaInri￿ the TTU5ttts Contin￿ lo adopt th¢ going concem basis of accouniing in P￿parIng the firw)cial stsiement& INDEPENDENT EXAMINER Jaine Best FCA ha5 bcen r¢-ap￿l￿1cd &$ indepertikni examiner for the ¢n￿1n8 ￿. SMALL COMPANY PROVISIONS Thi$ report has k¢n prepared in accordath¢¢ with the p￿vIsiOnS in Part 15 of the Comparties Act 2006 applicable lo companies subject to ¢h¢ small companies re8tt￿. AppTov¢d b). order ofthe board of tn]sw on 14 Ma). 2024 and si8n¢d on its bEh￿1-bv'. Sarah WoodrrTran- Se¢r¢TaTI Tbe Rona Trust Independent Examiner's Report to the Trustees for the year eDded 31 O¢tober 2023 I repon io the charity trusiees on my examin*ion of the a¢£ounts of the Company for the year ended 31 October 2023. Responsibilities alnd basis of report As the charity's trUSlce5 of the Company (who are also the directors of the company for ihe purposes of Company awl you are responsible for the preparaiion of the accounts in accordance with the requirements of the Companies Aa 20061-the 2006 Act'l. Having satisfied myself that the a¢wints of the Company are not required to be audited for this year under Part 16 of the 2006 Act aThd are eligible for independent examinaiion. I retK>rt in res￿1 of my examination of your charity's accounts Is ¢arried out under sertion 14$ of the Charities Aa 2011 1.the 2011 Act-l. In carryin8 Out my examination I have followed the Directions giv¢n b). the Charity Commission under section 14515Mbl of the 2011 Act. Independent ex*thiner'$ $t*itmeDt The Company's gross incom¢ exceeded £250.000 and l am qualified to Under￿k¢ the examinaiaon by being a qualifjed metnber of the Institute of Chartered A¢¢ountsnts in England & Wales. I have ¢omplered my examinaiion. I confimi that no rn*erial matter5 have com¢ to my attention whi¢h give me ¢ause to beli¢ve that.. l. accounting records were not kept in accordance with section 386 the Compathits Act 2006 ACL or 2. The accounts do rK)i accord with such records: or J. the accounts dts [￿t eomplv wilh the r¢l¢vant accounting requirements under section 396 of the CompanLe5 Act 2006 other than any requiretnent ihat the accounts give a 'true and fair view" which is not a matter considered as part of an independen¢ examination; or 4. Ihe accoynts have noi been prepared in accordance wilh the Charities SORP IFRS 102}. I have no concerns and have come a¢ross rho other matters in conneaion with (he examination to whith attention should be drawn in this rekx)rt in order tt) enable a prop¢r under5tandin8 of the a¢¢ounts to be reaeh¢d. Jaine Best FCA Independent examiner 1st Floor, Unit 12 Compas5 Poini Ensign Way Hamble Southampio Hampshire S0314RA The Rong Trnst Statemethi ofFinaDci*I Artivities #lld Intome Exp¢nditNre A¢coun¢ for the year ended 31 Ottober 2023 2023 2022 Ilvjrtstricttd fund Rtstritted fund Total fulld5 Total funds INCO￿1[￿￿G RESOiIRC:E Imtoming rtsour¢es from zcDerat¢d fuDd# DonatiOll5 Inie5tm¢nt income Oth¢r incoming re50UTttS 487.929 8.726 487.929 8.726 111.203 423.403 1.866 86.123 Tot*l illrorning ruourtes 607.858 607.858 511,392 RESOI,'RCES EAPENDED Charitsbk adi%"ities Gos'emance costs 54b 519.463 4.592 519.463 4.592 421.838 3.716 Totsl rexour¢¢stxptndtd 524.055 524.055 425.554 PIET lh¢n￿lI1￿Gl1ollTGoI￿GI RESOIIRC.ES #nd ineomtlldtfKitl for Iht i'tar io 83.803 83.803 TrxDsftrs btlwtt# fDDds mowtmemt in fufjds 83.803 85.838 RECOl¥CILIAT10Tr4 OF FLNDS Torgl bri￿ght forward 1.164,617 l.IfA,617 1.078.779 TOTAL FI"NDS C.ARRIED FORM'ARD 1248.420 1.248.420 The Stsiem¢ni of Fujancial A¢tii'itits inclLthsail gain5 k>ss¢s in the jeat *Jd ther¢fore 4 siaiemeiii of totsj r¢￿gnISed gains and losses has t￿1 been prepAr¢d All of th¢ atr￿ve amounts ￿l*￿t0 wminuit)g ￿1viD¢S The form part of these financial Ststrm¢nts The Rona Trust Balanre Sheet as at 31 O¢tober 2023 2023 Tot*] fvnds 2022 Total funds Notes FIXED ASSETS Twjgible assets 12 422,283 441.866 CLRRENT ASSETS Stocks Debtor5 Cash ai bank 14 15 16 3.(N)O 73.131 759,323 835.454 1.200 697.087 746.718 CREDITORS Amounts falling due withtn on¢ year 17 {9J17) 123.967) NET CURRENT ASSETS 826.137 722.751 NET ASSETS .248.420 1.164.617 FUNDS UnTestTiCted fut)d$'. General funds Designated fut￿$ Resiricted funds 18 237,642 1.010.778 187,687 976.930 19 TOTAL FUNDS 1.248.420 1,164.617 The members are satisfied thai the Charitsble ￿MpanY is entitled to exempTion frorn the requirement to obtain an audii under section 477 of the CoTnpanies Act 2006. The mernbers have not requifed ihc charÈtsble company io obthin an audii in accordance with section 476 of the Aci. The irustees a¢knowledge their reS￿nStbl1•lieS for compfving with the requirements of the Companies Act 2006 with r¢spe¢t to a¢￿￿ni1n8 records and the preparntion of aceounts. The accounts hav¢ bttn prepared and delivered ID a¢cordanee with the speciat provisions applicable to wmpanies subj¢a tts the small companies regime. The profit atKI loss account h&s also been delivered to the Registrar of CompaTbie5. The financial statements wcre approved by the B¢)ard of TnLsiees on . behalf by.. . and were stgned on its William Whiiehouse-vaux (Chairmanl The notes form part of these financial ststrments The Rona Trust Notes to tht Financial StatevAents for th¢ YUT endtd 31 Ortobtr 1023 I ACCOIIYTING POLlf.l£S ofprepoMII in aL¢othitt the Swtmthi of Re£ommothd F**nce." AccowLllng and RewThi8 by Ch8nhe5 ththr acciH]nts In a¢(A)Tdmce the FlnaThth￿ RcwrtiThB s￿dar0 yli¢knk ID the Uk and RerAblic of Ireland IFRS 1021 ¢ff¢¢tiv¢Janu3Th 2019. ¢xttpi In 50 far as the>. art ￿Capable of Tradujg incom¢ LS sbowll net ofr¢l*ed &5 kne[￿thC of these￿￿￿leS ro the Chari In￿ iax recovv¥bk in rrkn to tweival wthGtfiAid LS Tecagll￿ *th¢iimeof th¢th]￿li￿. RtS0￿rt*y e%ptTrded No fundra151ng iOStS %%TTe uKurred Wkn ¢(rtS tr¢ thr￿lyI￿ribu￿dU) r•ts¢u1￿hc¥]￿V ttyhDv¢ be￿ ajlocated to a¢ityihe5 on a basis w￿575[¢ThI the use ofr¢sources F￿thaLfZn8 cow Ot¢ those inCUTted fft sc(k￿g eomnTr￿i0nS the L￿sts of thssetnujatsng Jnfi)Ttnauon m supwrt of ￿ Ch￿tabk aambcs SuwAXt . the fimds are r4Js¢d for pxtKuknr T£￿t￿ed io Tht Rottx Trust Notes to th¢ Finincial Statements for iht YUT eDdtd 31 Ortob¢r 2OZ3 R¢yri¢ttd Total fi•dJ 202J Total fund5 2022 2 IK>liA TIOYS fnllds Vivounl AHLOry TnLSt S¢wic Tru AsAxiation of Sail Tra￿￿8 (hgantsatYM5 Allerguard donations Gift Aid Coryxydtts sun￿ th)naiion5 124.5(K> 124.5d travel ¢ytstse5 T¢lepbon¢ Miscellan¢ou5 Cours¢s triLnmg Posts8¢ aDd ststsonery ￿￿k char8¢s and interest rAyable 75.487 21.834 47.916 1.423 6.515 3.883 942 75.487 21.834 47.916 .423 6.515 3.883 942 56.316 42.765 1.074 3.162 479 2_356 971 692 1.802 678 1_80? 678 164.581 164.581 135 123 12 The Ron• Trust Nott5 to the Finan¢i#l St*ttmtDts for the year ended 31 (ktober 2023 9 A￿ALl's]s OF Ac[Tr.￿lEs LIIDERTAKEN DlkEITL)' I"iT¢stricttd f•bds Rtstri¢ted Totsl fMRd5 2023 Total funds 2022 S31anes and as%K￿ed Costs 125.ty12 18.i50 28.635 35.911 345 125.942 104.440 76.228 21.943 28.757 F￿[ eKpthsc5 F￿1 and benhmgfKpensfs RaceeKpcn5es Cr¢w travel expenses Crv¥ ¢loihLng expens¢s In5uranL 28.635 35.911 345 1.1kn9 8.443 26.460 9.727 7.342 26.4(A> 9.727 24.051 12.775 354.882 354.¥82 286.715 10 INCO%IJNC RESOIIRCES THE )'EAA RtStri(trd Totsi r•wd5 Total funds 2021 f•Dd5 This is ststed aft¢r￿￿￿￿'. 21.8 21.834 11 STAFF COSTS AYD EMOLI'IIEPITS Iimrtstritted r•ids Rtstrirttd TotAI T•t*l zfj 2022 'ages and sala￿5 S￿￿91 strurrts. co#s 183.375 12.863 183.37$ 12.863 5.19) 145.450 10.917 4.365 201.428 201.428 IfA>.762 P*rtlcul*rs oftrnployees: Th¢ avcrage numtrooCempkn)v5 thm8 the ￿. ￿kn￿latell hsis (bf full4imc ** follows 2022 Numtr*o(wJmJDiSty*Trr staff Noempio)r¢T¢￿Ved rernwJcraI￿ of morc £(￿.(￿￿> th¢ pr. Nornnuy￿1￿)n orexpthsegw¢rt loTn￿. The RonA Trust Note5 to the Fin#Dciil Sfatemeots for tht y¢Ar ¢Dded JI Octobtr 2023 12 T.4Tr4GIBLI FIXED ASSETS 'ork5hop orrice aRd tqttiptttnt te•dtr5 vtbir1¢5 Totsl Coyt Al l Novemter 2022 Additions Dwsals Ai 310¢lober 2023 14.5(X) 58.951 717 31.502 .297.576 2.251 I.181.(￿lI 14.51M) 59.668 13.066 1.299.827 DepYe¢i*tio At l N￿￿eMber 2022 Charge lor the yur On dis￿581$ At 31 Ociob¢r 2023 754.161 16.152 13.50D 10.897 25.761 2.871 855.710 21.834 2.070 770.313 13.5(Y) 53.461 28.632 877.544 Net bty)k valle At 31 O¢iobrr 2023 410.778 6.207 1.428 ?.870 42?.283 At 31 (kiottt 2022 426.930 635 5.741 441.866 13 I'ACHTS 202J ZQ22 DOn￿d Seatie Ron4 11 M¢ml>Tr L*Jy Sho 51.664 30.460 JW.818 27_836 55.205 36.0?7 306.966 410.778 426.930 14 STOCK 2025 2022 Si<)ck 1.200 IS DEBTORS: AMOUNTS FALLING DI'E w.￿H1￿ ONE YEAR 2023 20Z2 VAT repai'mem ( 6.573 23.046 4J.512 .702 37.948 48.431 16 CASHAT&4YK 20 2022 Cash imTesthc*d genffl Ca5b ￿ bank. Imtestrwtyj &sJpLated yxhi fiJr¥l 159.323 147.087 550.000 697.087 759.323 14 The Rona Trnst r4ott5 to the Fth*nrial Statements for the ytgr tttded 31 October 2023 17 CREDITORS: AMOIIWTS F.4LLThG DIIE IIITHV% ONE I'EAR 23 2022 Trdde Credll￿g Other cr¢dJiDT5 6.767 18.868 23.967 18 IlfiRESTRirfED IYC.011IE FI'.NDS B*l*Dct *t J Trao%ftrs r*ovtmtr*r btfvtt B*l*n¢t *t 31 Ikiobtr 20L4 OulgoiDg 2fy22 Designated F￿d5 976.930 187.687 50.1 15O.(XN)) 1.010.778 237.fA2 607.858 1507.9031 -164.617 IA)7.858 1524.0$51 1.248.420 19 RESTRICTED Ji%COME FIIYDS B•l*Dre at l Transfe Bal*ote it 31 Oeiobtr 20 O¥l¥oiHg 2•22 ikncrat Funds T**yblr fiitd 211 ANALYSIS Ob. NET ASSETS BETh'EEf* Fi"NDS Unrts¥¢ttcd ￿18n?1£d Funds Unrt5mCted C]¢ntral Funds 410.778 .010.778 237.642 926.137 42228) 826.137 1.248.420 21 Reknttd Pam" TraDsaelfj￿1 22 Othtr l*formatiD The R4)na Tn￿1 is a Chantsble Illni￿ by aod Engknd. Its Ic8￿ered otTIcc Is Vnir la Univ¢ysal Marin• Sarisbury Green SOutha￿[rtr HampSh￿e S03172N 15