ANNUAL REPORT 2024
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 confidence 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 Polvean, Freshwater Lane, St. Mawes, Truro, Cornwall TR2 5AR.
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.
Ofshore 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 1800 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.
Ofshore Sailing: The Offshore Sailing programme has run for four years, during which the Trust has sent 48 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 and being selected for the Crew4Gold Olympic training programme. Those who have been on the Offshore Sailing trips tell us the experience is lifechanging. 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 17 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 2024
2.1 INCOME AND EXPENDITURE
We ended the year with a surplus of £50,986 (£80,735 in 2023). We received £17,494 in regular and other donations from individual supporters £41,506 in 2023), together with £9,902 from charitable trusts, companies and other organisations (£32,145 in 2023). 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 £5,815 (£5,820 in 2023). In our Schools Programme we made grants to schools for sailing lessons of £49,959 (£25,813 in 2023). 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, two places were supported in this way by 2023 venturers and a further place by an individual we had supported in 2016. Our Grants to Individuals, which comprise a very small amount of our funding, totalled £1283 (£805 in 2023).
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. 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 2024
Jonathan Adlington, Acting Chairman
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
Roseland Youth Sailing Trust Accounts 2023 Draft
Roseland Youth Sailing Trust Accounts 2024 EXAMINED
notes
| Roseland Youth Sailing Trust Accounts 2024 EXAMINED 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 Trainging provided by Fowey Gallants Sailing Club Training provided by St Mawes Sailing Club TOTAL schools programme Grants to individuals 3 Tall ships voyage 5 Donation Other costs 6 Net receipts/(payments) for the year Transfers between funds Cash funds brought forward Cash funds at the end of the year |
unrestricted restricted TOTAL 2024 |
unrestricted restricted TOTAL 2023 |
|
| £ £ £ 15343 2151 17494 4002 5900 9902 5815 5815 |
£ 38882 2624 41506 1000 31145 32145 5820 0 5820 |
||
| 25160 8051 33211 |
45703 33769 79472 |
||
| unrestricted restricted TOTAL £ £ £ 25474 25474 10863 10863 6623 6623 7000 7000 0 0 |
unrestricted restricted TOTAL £ 16715 16715 4644 4644 4074 4074 380 380 |
||
| 49959 49959 1283 1283 8650 8650 100 100 2968 2968 |
0 25813 25813 805 805 214 19294 19508 1095 1095 |
||
| 4352 58609 62961 |
2114 45107 47221 |
||
| 20808 -50558 -29750 -44057 44057 |
43589 -11338 32251 -15582 15582 45367 3118 48485 |
||
| 73374 7362 80736 |
|||
| 50125 860 50986 |
73374 7362 80736 |
These funds are held at Barclays Bank
Accounts approved by the Trustees on 25March 2025
Signed
Loveday Shewell Trustee/Treasurer
Page 1
Roseland Youth Sailing Trust Accounts 2023 Draft
RYST Accounts 2023: Notes to the acounts:
| 2024 1. Donations from organisations £ Co-op 3001.68 Pendennis Shipyard 1800.00 Dragon School 1000.00 St mawes sailing Club 900.00 Flushing Sailing Club 900.00 Philip Firth Accountants 900.00 Tiddy's Estate Agents 900.00 CAD 500.00 Cornwall Community Foundation Cornish Lithium trinity house RYA Classic Cottages cornwall Marine Network Falmouth Harbour Commissioners Frost Builders St Just Parish Council Challenge Consulting Masons Others 9901.68 2. Fundraising actvities Sale of Donated goods (Stratos and Pi 2900 Percuil Regatta 1240 St Mawes SC regatta teas 400 Derek Holman book 265 sStMSC Rib Drivers 110 Tresanton Classics Regatta 900 Tresanton reception (net) Open Gardens Other 5815 3. Grants to Individuals Raven Jewell lessions RPS 200 Lilac White lessions RPS 150 Viv Bennett lessions RPS 150 Matthew Stevens Polkerris weekend s 154 Fowey Gallants wee 150 Janice Brownbill Polkerris weekend s 150 Jude Curgenven Mylor rib session 55 Tegen Brownbill Polkerris weekend s 94 Charly Watering Polkerris weekend s 5 Ted Moyle Polkerris weekend s 21 Coral BurtenshawPolkerris weekend s 53 Talon BurtenshawPolkerris weekend s 53 Bradley 48 Sam Colwell Round Britain 1283 4. Schools receiving sailing lessons At Polkerrris (paid to schools) Foxhole 2023 1200 Nanpean 1120 Pondhu 3270 St Dennis 5070 Treverbyn 4320 Poltaire 1512 Roche 2670 Biscovey 2024&2023 6312 25474 At Roseland Paddle and sail (paid to provider) Bosvigo Gorran Veryan Ladcock Pencalenick Gerrans Tregony Probus At Fowey Gallants (paid to provider) Nanpaen Foxhole Roche At Mylor Sailability (paid to provider) Pencalenick |
2023 £ 5. Tall ships voyage 2024 2023 Sponsorship £ £ Pendennis Shipyard 1800 St Mawes Sailing Club 900 1500 1000 Flushing SC 900 1500 1500 Tiddy 900 1500 1500 Phillips Frith 900 1500 1500 Fundraising by previous venturers 1818 402 1500 Frost 1500 500 St Just Parish Council 1500 4600 Classic Cottages 1500 3585 Cornwall Marine Network 1500 3000 Falmouth Harbour Commissioners 1500 3000 Challenge Consulting 1500 2100 Anonymous 1500 1500 Others 360 1500 Income raised in year 7218 17262 1500 Brought forward from 2023 1500 Previous venturers (restricted) 722 1500 MWJV (unrestricted) 900 500 TOTAL INCOME 8840 360 32145 Less costs Morvah Sailing (Tall Ship "Maybe" in 2023) 7,000 14112 £ Team building day 594 720 800 Insurance 461 1553 Return Travel 3051 275 Voyage hoodies 260 470 226 Family/donors celebration 630 480 Voyage report 166 214 1706 8650 19508 1254 Balance to/from General funds 190 -2246 7 5820 6. Other costs £ Social Media/Website 1,480 1095 Adminstation 1,489 120 2,968 1095 7. Equipment owned by RYST (purchased with special grants) In use at Polkerris Pontoon Stand Up Paddle Board 60 Kayak 150 In use at Roseland Paddle & Sail 2 Picos 75 100 100 200 805 1200 1120 4510 3805 5120 960 16715 |
|---|---|
Page 2
| Movement in Funds | Movement in Funds | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Note | ||||||||||||||
| Restricted Funds | 2023 | 2024 | ||||||||||||
| Start ofyear | Receved | spent | transfers | Bal | Start ofyear | Receved | spent | transfers | Bal | |||||
| 1-1 Teachingat Polkerris | 117.96 | -117.96 | 0 | 0.00 | ||||||||||
| Amaranth Fund for Poltaire | 3000.00 | 960.00 | 2040 | 2040.00 | 1512.00 | 0 | 528 | |||||||
| Cornish Lithium for St Dennis | 3585 | 3585 | 0 | 0.00 | 5070 | 5070 | 0 | |||||||
| Cornwall CommunityFund- Biscovey | 3480 | 0 | 3480 | 3480.00 | 6312 | 2832 | 0 | |||||||
| Cornwall CommunityFund- Roche | 1120 | 0 | 1120 | 1120.00 | 2670 | 1550 | 0 | |||||||
| For schoolsprogramme ingeneral | 1 | 7600 | 21268 | 13668 | 0 | 0.00 | 500 | 34395 | 33895 | 0 | ||||
| Tall Ships sponsorship | 2 | 17262 | 19294.27 | 2032.27 | 0 | 0.00 | 5400 | ) | 8650.34 | 709.58 | 0 | |||
| Tall ships 2023 donations for 2024 | 721.99 | 0 | 721.99 | 721.99 | 1818.77 | ) | 0 | |||||||
| Tall ships 2024 donations for 2025 | 0 | 0 | 332.13 | 332.13 | ||||||||||
| Restricted funds | 3117.96 | 33768.99 | 45107.27 | 15582.31 | 7361.99 | 7361.99 | 8050.90 | 58609.34 | 44056.58 | 860.13 | ||||
| Unrestricted Funds | 45367.26 | 46185.65 | 2596.67 | -15582.3 | 73373.93 | 73373.93 | 25159.67 | 4351.54 | -44056.58 | 50125.48 | ||||
| Total | 48485.22 | 79954.64 | 47703.94 | 0.00 | 80735.92 | 80735.92 | 33210.57 | 62960.88 | 0.00 | 50985.61 | ||||
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustees ROSELAND YOUTH SAILING TRUST On accounts for the year ended 310ECEMBER 2024 Charity no {rfany) Set out on pagos '.e' 10 th9 paae nuEbÈrJ ol gddill.'rlI ., , I report to the tTuste8s on my eyAmin8tion ofthe accounts of the above charity (Ihe Trust.) for the year end&J 3111W2023. Rosponslbllltlos and ba•18 of roport As Ihe chartvs tnjstees. you are re8pon$ible for the preparation of the acc(MJnts in acwrdance wilh the requirement$ of the Charities Act 2011 Ilhe A£t'). I report in respect of my examination of the Trust's account8 carrfed out under section 145 of the 2011 and in carrying out my èxamination, I have followed all the applicabie Directions given by the Charty Commission urxjer sect1 14515}Ib) of the Act Independent I have completed my examinatlon. I confim that no materfal matters have examlnorf8 8tat•ment come lo my attention in cnectIon wtth the examInatn which gives me cause to believe that in. any material r8sped.' the aco)unting records were rK)t kept in atxordanc8 with section 130 of the Charities Act.. or the accounts did not accord viith the accounting records. I have no concem$ and have comg rO$S no other matters in connectlon with the exam#iation to which ettentron should be drawn in thi$ report In order to enable a p per understanding of the accounts to be reached. Signod: Dats". ¢JlS Name.. Jame8 Alexander Kennedy R¢levant profe88lonal quallficatlon(81 or body Ilf any)". Instriuts of Chartered Accountants of EngLgnd and Wales. Address.. The Pink House, Lees Hill, Soutrt Wamb¢)rough, H8nts, RG29 1 RQ IER Oct 2018
Section B Disclosure Onty complete rfthe examiner needs to highlight material matters OfconM {see CC32. Independent examinatson of charty attounts: dIrectnS and guidance for examiners). Glve here brief dotai18 of any items that the examiner wishos to disclose. IER Oct 2018