2025-12-31-accounts

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ANNUAL REPORT & ACCOUNTS 2025

1 – About RYST
2 – Financial review
3 – Structure, Governance & Management
4 – Highlights
5 – Accounts for the period 1 January to 31 December 2025

1 - ABOUT RYST

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.

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 Commission’s guidance on public benefit. Our operations are threefold:

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 seventeen-year-olds living in Cornwall the opportunity of a life-changing experience at sea.

Grants for Individuals: We also respond to requests from individuals for funding to support their sailing ambitions.

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.

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.

ACHIEVEMENTS

Schools Programme: Since the Trust’s inception in 2015, our Schools Programme has introduced 3062 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 five years, during which the Trust has sent 58 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 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 25 young professionals gain qualifications and work experience.

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 2025

INCOME AND EXPENDITURE

We ended the year with a surplus of £56,316 (£50,986 in 2024). This was transferred to the new CIO in December – see Highlights below. We received £24,821 in regular and other donations from individual supporters (£17,494 in 2024), together with £36,225 from charitable trusts, companies and other organisations (£9,902 in 2024). We plan a repeat of our fund-raising activities, which also raise awareness of our work. These brought in a further £6,584 (£5,815 in 2024). In our Schools Programme we made grants to schools for sailing lessons of £36,100 (£49,959 in 2024). 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, they raised £1,919 (£2,540 in 2024). Our Grants to Individuals totalled £2,346 (£1,283 in 2024), with a further £7,500 going to supporting a 30-day sailing expedition by pupils at Brannel School gathering environmental data in British waters. Of this, £5,000 consisted of a grant we secured from the Duke of Cornwall’s Marine Environment Fund, and a further £2,500 from our own funds.

RESERVES

We aim to hold reserves of about £50k to cover 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. 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 & 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 2025

This year marked the passing of trustee Edward Billington, whose contribution will be sadly missed. His place on the board of trustees was taken by former volunteer Miranda Grubb. Mark Osborn took over the role of Chairman from acting chairman Jonathan Adlington who remains a trustee. Trustees in 2025 were as follows:

Mark Osborn, Chairman
Loveday Shewell, Treasurer
Jonathan Adlington
John Parr
Francis Hallawell

4 - HIGHLIGHTS

2025 marked our 10[th] anniversary, celebrated with a presentation and drinks party for our supporters hosted by Hotel Tresanton.

As part of our celebrations, we held a highly successful fund-raising Paella Night at the Hidden Hut, Porthcurnick, which raised £3,000.

To support our growth in the next 10 years we began operating as a Charitable Incorporated Organisation (CIO), charity number 1211154. CIO status confers limited liability in recognition of the robust governance we have in place, making it easier to attract new trustees.

The CIO had been registered with the Charities Commission on 24 November 2024 to take over the operations of RYST charity number 1164283. A new bank account was opened at Barclays Bank in July 2025. At the end of December 2024, the balance of funds was transferred

from the old Trust account to the new one. The subject of this Annual Report & Accounts, charity registration number 1164283, will close during 2026. With effect from 1 January 2026, Roseland Youth Sailing Trust is operating as a CIO, registration number 1211154.

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 htps://www.ryst.org.uk/donate

Roseland Youth Sailing Trust Accounts 2025

Receipts Donations Donations from individuals (incl Gift Aid) Donations from organisations Fundraising activities Payments Schools training programe 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 and groups Tall ships voyage Donation Other costs Net receipts/(payments) for the year Transfers between funds Cash funds brought forward Transferred to CIO account Cash funds at the end of the year	unrestricted restricted TOTAL 2025		unrestrictedrestricted TOTAL 2024
	£ £ £ 20642 4179 24821 14466 21760 36225 6584 6584		£ £ £ 15343 2151 17494 4002 5900 9902 5815 5815
	41691 25939 67630		25160 8051 33211
	unrestricted restricted TOTAL £ £ £ 0 0 17170 17170 8930 8930 10000 10000 0 0		unrestrictedrestricted TOTAL £ £ £ 25474 25474 10863 10863 6623 6623 7000 7000 0 0
	36100 36100 4659 5000 9659 8551 8551 200 200 7790 7790		49959 49959 1283 1283 8650 8650 100 100 2968 2968
	12649 49651 62300		4352 58609 62961
	29042 -23712 5330 -26972 26972		20808 -50558 -29750 -44057 44057
	50125 860 50986		73374 7362 80736
	-56316
	52195 4120 0		50125 860 50986

Aproved by the Trustees on 19 February 2026

Signed Loveday Shewell, Treasurer

For information only

Roseland Youth Training Trust CIO

Receipts Donations Fundraising Sale of Donated goods Receipts for the year Transfered from RYST Cash Funds at end of year	unrestricted restricted TOTAL 2025
	3513 3513 1905 1905 500 500
	5918 5918 56316 56316
	62234 62234

RYST accounts 2025 Notes

1. Donations from Organisations Trinity House Cornwall Community Trust TK Foundation Tuppenny &CC Fund Royal Southern YC Masters Charitable trust Co-op Worshipful Company of Shipwrights Anonymous St Just PCC Flushing SC StMSC Tiddy Estate Agent Frost Builders St Mawes Pier & Harbour co CAD Others 2.Fundrasing Activiites Percuil Regatta Hidden Hut Feast PoFSA collections StMSC teas Other Tresanton Classics Regatta Sale of Donated goods 3. Grants to Individuals Home educated Young people Sailing at Looe beach Young people from Brannel school Morvagh voyage Grants to 7 (13 in 2024) young people for training	2025 2024 8000 5000 4610 3000 2500 2000 1765 3002 1500 1250 950 950 900 950 900 950 900 950 950 500 500 400 3700
	36225 9902
	2412 1240 2870 813 53 400 436 375 900 2900
	6584 5815
	1559 1283 600 7500
	9659 1283

4. Schools receiving sailing lessons At Roseland Paddle and sail At Fowey Gallants Bosvigo Fowey Primary Gorran Polruan Primary Veryan Fowey River Academy Ladcock Roche Grampound with Creed St Dennis Gerrans Bodmin Beacon Academy Tregony At Mylor Sailability Probus Pencalenick

5. Tall ships voyage	2025	2024
Sponsorship
St Mawes Sailing Club	950	900
Flushing SC	950	900
Tiddy	950	900
St Just Parish Council	950
Fundraising by previous venturers	1587	1818
Frost	950
In memory of Billy Billington	950
Bernadette Trust	950
Pendennis Shipyard		1800
Phillips Frith		900
Brought forward from 2024
Former venturers	332	722
MWJV		900
TOTAL INCOME for 2025	8569	8840
Less costs
Morvah Sailing	7500	7,000
Team building day	500	594
Voyage hoodies	320	260
Family/donors celebration		630
Voyage report	231	166
Total costs	8,551	8,650
Balance to/(from) General funds	18	-190
Raised in year towards 2026
Former venturers	2592
Masters Charitable Trust	1000
6. Other costs
Social Media/Website	1563	1,480
Adminstration	5800	1,489
Other	427
	7790	2,968
7. Equipment owned by RYST (purchased with special grants)
In use at Polkerris	Pontoon
	Stand Up Paddle Board
	Kayak
In use at Roseland Paddle & Sail	2 Picos

Start ofyr Receved spent transfers Bal 0.00 2040 1512 0 528 0 5070 5070 0 3480 6312 2832 0 1120 2670 1550 0 0 500 34395 33895 0 0 5400 ) 8650 710 0 722 1819 ) 0 0 332 332 7362 8051 58609 44057 860 73374 25160 4352 -44057 50125 80736 33211 62961 0.00 50986 2024	Start ofyr Receved spent transfers Bal 0.00 2040 1512 0 528 0 5070 5070 0 3480 6312 2832 0 1120 2670 1550 0 0 500 34395 33895 0 0 5400 ) 8650 710 0 722 1819 ) 0 0 332 332 7362 8051 58609 44057 860 73374 25160 4352 -44057 50125 80736 33211 62961 0.00 50986 2024	Start ofyr Receved spent transfers Bal 0.00 2040 1512 0 528 0 5070 5070 0 3480 6312 2832 0 1120 2670 1550 0 0 500 34395 33895 0 0 5400 ) 8650 710 0 722 1819 ) 0 0 332 332 7362 8051 58609 44057 860 73374 25160 4352 -44057 50125 80736 33211 62961 0.00 50986 2024
2024			2025
Start ofyr	Receved spent transfers	Bal	Start ofyr	Received spent transfers	Bal
0.00 2040 0 3480 1120 0 0 722 0	1512 0 5070 5070 6312 2832 2670 1550 500 34395 33895 5400 ) 8650 710 1819 ) 332	528 0 0 0 0 0 0 332	528 0 0 0 0 0 0 332	4610 ) 10000 2890 2500 ) 2000 ) 26100 24100 5000 5000 6650 ) ) 8551 -18 1587 ) 2592 0 1000 0	528 0 0 0 0 0 0 0 0 2592 1000
7362 73374	8051 58609 44057 25160 4352 -44057	860 50125	860 50125	25939 49651 26972 41691 12688 -26972	4120 52156
80736	33211 62961 0.00	50986	50986	67630 62339	56276

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 31 DECEMBER 2025 Charfty no I (if any) Set out on pages I report to the trustees on my examinatM)n of the nts ofthe above chartty {Ihe Trusfi forthe year ended 3111212025. Responsibilities and basis of report As the thantys twstees. you are resnsIble for Ihe preparatDn of the aCcnts in accordance with the requirements of the Charities Act 2011 {Ihe Act"). I report in pect of my examination of Ihe Trust's accounts carried out under sectiTh) 145 of the 2011 Act and in carying out my examination, I have followed all the awlicable DirectKsns given by the Charity Commission urKler Sec1K 145(5Xbl of the ACL Independent I have COMFed my examination. I confim) that no material matters have examlnerfs ststement come lo my attenti in connection wlth the examNFation vknich gives me cause to believe that in, any material respect: the aco)unting records were not kept in aCrdae wtlh se¢Xbn 130 of Ihe charits Act.. or the accounts did not acco wilh the accounting records. I have no concems and have ccffie across no other matters in connection with the exammation to which attention should be drawn in this report in orderto enable a proper understanding ofthe ac(t*unts to be reached. Signed: Icjl Name: James Alexander Kennedy Relevant professional quallfKalion(sl or body (if any): Institute of Chartered Accourrtants of EThJland and Wales. Addre83: The Pink House, Lees Hlll. South Wamborough, Hants, RG29 1 RQ IER Oct 2018

Section B Disclosure Onty complete rf the examiner ndS to high4h1 m*erial matters of concem (see CC32, Indwdent examination of Ghanty a(Younts.' dir8ctK•ns and guidance for examiners). Give here brief detalls of any itsms that the oxaminef $he$ to di8¢108e. IER Oct 2018