ANNUAL REPORT 2023
1 ABOUT RYST
1.1 MISSION
Roseland Youth Sailing Trust (RYST) is making it possible for a new generation of children and young people in Cornwall to experience the joy of sailing, building attitudes and skills that will benefit them throughout their lives, especially in disadvantaged communities where they would otherwise not have the opportunity. A charitable trust founded in 2015, RYST is registered at the Charity Commission for England and Wales, charity number 1164283, principal address 4 St Austell Row, St Mawes, Truro TR2 5AW.
1.2 OBJECTIVES AND ACTIVITIES
To advance amateur sport, in particular sailing and other water sports, for young people who are residents, or those who attend school, or work, or are a member of a sailing club on the Roseland and also in neighbouring areas, by the provision of financial awards to enable and encourage participation in sailing, windsurfing or other water sports. We confirm the Trustees have had regard to the Charity Commissions guidance on public benefit.
Schools Programme: The main activity of the Trust is to fundraise for and organise, through local sailing schools, the delivery of weekly school sailing lessons during term
time for predominantly primary schools in the Roseland and Clay Country and neighbouring areas.
Offshore Sailing: In addition, through canvassing sponsorship from mainly local organisations and individuals, we charter a sail training ship for 10 or so days in the summer to provide sixteen- to eighteen-year-olds living in Cornwall the opportunity of a life-changing experience at sea.
Grants for Individuals: We also respond to requests for specific funds from individuals to support their sailing ambitions.
1.3 FUNDING
The Trust is sustained solely through donations from individuals, fundraising events and supportive organisations. Trustees and volunteers give their time free, so all the funds we raise go to getting young people on the water.
1.4 POLICY ON GRANT-MAKING
In our Schools Programme we make grants to our selected schools to pay for sailing lessons with local providers. This is the most cost effective and inclusive way of enabling young people to learn to sail. We select schools in the local area on the basis of indicators of multiple deprivation. For the Offshore Sailing programme, individuals are selected following wide advertising, especially in the schools with which we work, in a two-stage application process. With Grants for Individuals, young people are often referred to us by the sailing schools. We consider the economic background of the family, the commitment to sailing and the amount requested.
1.5 ACHIEVEMENTS
Schools Programme: Since the Trust’s inception in 2015, our Schools Programme has introduced 1600 new young sailors from 21 schools to the water. Some of these schools are located in Cornwall’s poorest areas, where many children have never even been to the beach let alone dreamed of going sailing. We know from the feedback from teachers
and parents that, along with sailing skills, the children gain confidence from trying a new activity outside their comfort zone and learn self-reliance and teamwork from their sailing. For some it becomes a passion for life, and they continue sailing and helming racing boats in local regattas. A few having become dinghy instructors or work as professional sailors on boats. We are changing their horizons.
Offshore Sailing: The Offshore Sailing programme has run for three years, during which the Trust has sent 38 young adults on this valuable life experience. A number of them have progressed to maritime careers: for example, joining the Royal Navy, becoming RYA sailing instructors. Those who have been on the Offshore Sailing trips tell us the experience is life-changing. A young woman on the 2021 voyage described it as ‘the best 10 days of my life’. Apart from the sailing and adventure, the shared experience gives them a close group of friends whose support continues after the trip. The individuals benefit in that they can take their sailing further than they otherwise could given their financial resources. We are able to sustain the passion. For all, it gives a new experience that develops confidence and water awareness which is of great benefit throughout their lives.
Grants for Individuals: Our Grants for Individuals programme has so far helped 15 young professionals gain qualifications and work experience.
1.6 VOLUNTEERS
In addition to the Trustees, we have volunteers who support on the fundraising and attend our meetings on a regular basis. Other local people assist us in various fund-raising activities.
2 FINANCIAL REVIEW 2023
2.1 INCOME AND EXPENDITURE
We ended the year with a surplus of £80,735 (£48,485 in 2022). We received £41,506 in regular and other donations from individual supporters (£16,143 in 2022), together with £32,145 from charitable trusts, companies and other organisations (£21,132 in 2022). We plan a repeat of our fund-raising activities, which also raise awareness of our work, such as the Percuil and the Tresanton Classics Regattas, which brought in a further £5,820 (£6,285 in 2022). In our Schools Programme we made grants to schools for sailing lessons of £25,813 (£39,397 in 2022). The Offshore Sailing programme seeks sponsors for places aboard and many of these have become returning annual supporters. The young people themselves are encouraged to raise funds to support one or more young person/s the subsequent year. This year, one place was supported in this way by 2021 and 2022 venturers. Our Grants to Individuals, which comprise a very small amount of our funding, totalled £805 (£847 in 2022).
2.2 RESERVES
We aim to hold reserves which cover at least the first six months of our Schools Programme in the following year to enable us to make continuing commitment to the existing schools on the programme. This is estimated to cost £54,000 in 2024. Any excess carried forward allows us to consider introducing new schools into the programme. In 2023 our reserves are higher than usual as we had a very good year for fundraising but also difficulty offering as much schools sailing as we would have liked, due to changes at two of our main providers of sailing lessons. This has been resolved in 2024. The trustees have reviewed the overall financial position and consider the trust to be a going concern.
3 STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trust is governed by a Trust Deed dated 19th October 2015, with amendment by resolution on 6th May 2024. It is constituted as an unincorporated trust registered as a charity. A minimum of five trustees is required: two may be appointed by St Mawes Sailing Club, and one each from three local primary schools (St Mawes, Gerrans and Tregony). They are to be representative of communities across the Roseland.
TRUSTEES IN 2023
Dina Wheatcroft, Chairman
Jonathan Adlington, Secretary
Loveday Shewell, Treasurer
Mark Osborn
John Parr
Edward Billington
Francis Hallawell
If you’d like to find out more about our work, please contact sophia@ryst.org.uk You can support the work of the Trust at https://www.ryst.org.uk/donate
4 ACCOUNTS FOR THE PERIOD 1 JANUARY TO 31 DECEMBER 2023
Roseland Youth Sailing Trust Accounts 2023 Draft
| Roseland Youth Sailing Trust Accounts 2023 notes Receipts Donations Donations from individuals (incl Gift Aid) Donations from organisations 1 Fundraising activities 2 Payments Schools training programe 4 Training provided by Polkerris Sailing Centre Traiining provided by Roseland Paddle and Sail Training provided by Mylor Sailability Training provided by St Mawes Sailing Club Schools regatta One to one training with Polkerris Equipment (for use at Polkerris) 7 TOTAL schools programme Grants to individuals 3 Tall ships voyage 5 Other costs 6 Net receipts/(payments) for the year Transfers between funds Cash funds brought forward Cash funds at the end of the year These funds are held at Barclays Bank |
unrestricted restricted TOTAL £ 38882.24 2623.99 41506.23 1000 31145 32145 5820.41 0 5820.41 45702.65 33768.99 79471.64 unrestricted restricted TOTAL £ 16715 16715 4644 4644 4074 4074 380 380 0 25813 25813 805 805 214 19294.27 19508.27 1094.67 1094.67 2113.67 45107.27 47220.94 43588.98 -11338.28 32250.70 -15582.31 15582.31 45367.26 3117.96 48485.22 73373.93 7361.99 80735.92 2023 |
|
|---|---|---|
| unrestricted restricted TOTAL 2022 |
||
| £ £ £ 15142.59 1000.00 16142.59 7558.53 13573.66 21132.19 6210.70 74.10 6284.80 |
||
| 28911.82 14647.76 43559.58 |
||
| unrestricted restricted TOTAL £ £ £ 22507.50 22507.50 11532.00 11532.00 4337.5 4337.5 1020.00 1020.00 480.00 480.00 5720.00 1890.00 1890.00 |
||
| 41767.00 5720.00 47487.00 847.00 847.00 15,965.64 15965.64 1768.27 |
||
| 44382.27 21685.64 66067.91 |
||
| -15470.45 -7037.88 -22508.33 -4317.88 4317.88 65155.59 5837.96 70993.55 |
||
| 45367.26 3117.96 48485.22 |
||
Accounts approved by the Trustees on 10-Jul-24 Signed £ Loveday Shewell Trustee/Treasurer
Page 1
Roseland Youth Sailing Trust Accounts 2023 Draft
RYST Accounts 2023: Notes to the acounts:
| 1. Donations from organisations Cornwall Community Foundation Cornish Lithium trinity house RYA Classic Cottages cornwall Marine Network Falmouth Harbour Commissioners Dragon School St mawes sailing Club Flushing Sailing Club Philip Firth Accountants Frost Builders Tiddy's Estate Agents St Just Parish Council Challenge Consulting Masons CAD Others 2. Fundraising actvities Tresanton reception (net) Open Gardens Percuil Regatta St Mawes SC regatta teas Derek Holman book Sale of Donated goods (Stratos and Pico) Other 3. Grants to individuals Sam Colwell Round Britain Tegen Brownbill Polkerris weekend sailors Charly Watering Polkerris weekend sailors Ted Moyle Polkerris weekend sailors Coral BurtenshawPolkerris weekend sailors Talon BurtenshawPolkerris weekend sailors Lilac White lessions RPS 4. Grants to schools for sailing lessons Foxhole Nanpean Pondhu St Dennis Treverbyn Poltaire Bosvigo Gorran Veryan Ladcock Pencalenick St Mawes/Roseland Others |
£ 4600 3585 3000 3000 2100 1500 1500 1000 1500 1500 1500 1500 1500 1500 1500 500 500 360 32145 £ 1705.78 1254.32 1552.75 275.00 225.56 800.00 7.00 5820.41 £ 200 60 150 75 100 100 120 805.00 2023 1200 1120 4510 3805 5120 960 804 2748 684 408 4074 380 25813 |
2022 5. Tall ships voyage 5000.00 Sponsorship 500.00 St Mawes Sailing Club Frost St Just Parish Council 1000.00 Tiddy Phillips Frith Classic Cottages 1000.00 Flushing SC 1000.00 Cornwall Marine Network 1000.00 Falmouth Harbour Commissioners 1000.00 Challenge Consulting 1000.00 Anonymous 1000.00 Fundraising by previous venturers 1000.00 Others TOTAL INCOME Less costs Tall Ship "Maybe" 7632.19 Team building day 21132.19 Water taxis Insurance Return Travel Log books and hoodies Family/donors celebration 308.25 Voyage report 212.45 Covered from general funds 3920.00 1844.10 6. Other costs 6284.80 Social Media Website Photography 7. Equipment owned by RYST purchased with In use at Polkerris In use at Roseland Paddle & Sail 847 2022 4987.50 3210.00 4425.00 2685.00 4950.00 1376.00 2505.00 1186.00 1149.00 4337.5 860 7726 39397.00 |
14112 720 460.52 3051.4 470.35 480 214 |
£ 1500 1500 1500 1500 1500 1500 1500 1500 1500 1500 1500 402 360 |
13,230.00 588.00 137.50 416.14 495.00 858.00 241.00 |
1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 2000.00 4647.76 |
|---|---|---|---|---|---|---|
| 17262 19508.27 |
13647.76 15965.64 |
|||||
| 2,246.27 -£ |
2,317.88 -£ |
|||||
| £ 850 244.67 |
1,350.00 248.27 170.00 |
|||||
| 1094.67 | 1,768.27 | |||||
Page 2
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees
Charity Name ROSELAND YOUTH SAILING TRUST
On accounts for the year 31 DECEMBER 2023 Charity no ended (if any) Set out on pages 1 -2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 21 June 2024 Name: James Alexander Kennedy Relevant professional Institute of Chartered Accountants in England and Wales. qualification(s) or body (if any): Address: The Pink House, Lees Hill, South Warnborough, Hants, RG29 1RQ
Oct 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER