RCYC Sailing Trust
Report of the Trustees For The Year Ended 31[st] December 2024
Objectives and Aims
The aim of the RCYC Sailing Trust is to advance young people in life through the provision of facilities and instruction for sailing so as to develop their capabilities that they may grow to full maturity as individuals and members of society.
We particularly intend to facilitate access to an experience on the water for those either by lack of means or a limiting physical or mental capacity, who are unlikely in any way to gain an experience at sea in some appropriate manner, and at least that they should have an opportunity to enjoy the experience once in their lives of the significant maritime heritage and amenity that surrounds the county they live in.
We are aware that many school children and those who may rely on a carer, or indeed be a carer at a vulnerable and formative age for a parent while growing up in Cornwall, may never properly experience the seas around them.
We sincerely hope that some may even be inspired to reconsider their own future hopes and opportunities which may involve a maritime aspect either by way of formal training, sailing or even a future career.
Sir Ben Ainslie KBE, as well as being a member of the Royal Cornwall Yacht Club, is our Patron and supports the objectives of the RCYC Sailing Trust in the County he learned to sail race and love the sea as a child.
Achievement and Performance
The Trust has been involved this year in providing life enhancing experiences for almost a hundred local disadvantaged children and their carers. Events included a ‘pirate themed day’ at sea where 80 youngsters were able to view the start of the exclusive Richard Mille Cup Race in the waters of Falmouth Bay watching the most beautiful classic super yachts and their crews compete for the Richard Mille Cup. As well as two sailing events aboard the Helen Mary, a Bowman 57 sail training vessel, operated by the Morvagh Sailing Project which is youth development organisation with the aim of helping young people become more confident, more resilient, more motivated and better able to communicate.
“It was a lot of fun because you got to pilot the boat and help set up the sails”.
“It was a great opportunity for the students to get out into the community and with their peers where they took part in an activity that some had never experienced before. This is so beneficial in preparing our students for adulthood”
The Trust has worked with a number of support groups schools and other trusts giving support for children. Our true outcomes are measured in the minds words and feedback of the children and carers attending our events. We are grateful for their involvement with the RCYC Sailing Trust.
ncyc SAILING TFIU5T STATÉMENTQF FINANCIALACTIVITIE5FOR THE YEAR ENDED 31 DECEMllf B2024 INCOME Donaiions lassic Regatis RCYC 307 2,500 879 YOTALINCOME 3,686 XPENDITLIRE 75 83 Websire Inlorrnalion Comrnisloner 35 45 85 800 61 Ponchos Noargh Projoct TofAL EXPENDITURE 1.184 NETCASH FIOW 2,502 Totalfunds broughtforward 30.952 TOTAL FUND5CAARIED FORWARD 33M54
RCYC SAIUNfj TRVST BALANCE SHEET AS AT31 DECEMBER2024 2024 Total Funds CVRRENT ASSETS Ca3h8t Bank 33454 CREOITORS Arnountsfa15ingduewithin oneyear TOTALASSETS LESS LIABILMES É33,4Y FUND5 Uniestricted Fund5 £33.454