## **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.'rl￿I ., , 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 c￿nectIon wtth the examInat￿n 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 Ofcon￿M {see CC32. Independent examinatson of charty attounts: dIrect￿nS and guidance for examiners). Glve here brief dotai18 of any items that the examiner wishos to disclose. IER Oct 2018