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2023-12-31-accounts

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ROYAL DART YOUTH SAILING TRUST Registered Charity Number : 1167579

ANNUAL REPORT AND FINANCIAL STATEMENTS Period 1 January 2023 to 31 December 2023

Trustees Report for the Calendar Year 2023

2023 was the seventh year since the RDYST was founded with the principal objective to provide opportunities for less privileged local school children to enjoy water-based activities on the River Dart. Providing new, and life enhancing, experiences on the water involves considerable resources, including all the necessary health and safety training, experienced instructors, RYA support and, of course, fully maintained sailing boats and associated equipment. So, it is pleasing to report that the Summer of 2023 was a considerable success on many fronts with over 200 young girls and boys experiencing the joys and excitement of the beautiful River Dart.

The core activity was, once again, the annual Schools Weeks programme held over three weeks in July, following four ‘taster’ Tuesdays in June. Groups of up to 12 Year 6 children were introduced to sailing in the Trust’s Quest dinghies, taught by our team of young instructors under the RYA Youth Sailing scheme. Around 150 children from six local schools enjoyed their initial sailing experience. The youngsters were encouraged to take the helm and sail the boats themselves under close supervision. The RDYC safety support boats were in close proximity to help as required.

15 young adults from Dartmouth Academy Secondary spent a challenging week away from home on the sail training yacht ‘Prolific’, departing Southampton to Portland and Weymouth before returning to the Solent. The conditions were near gale force at times and according to their teachers this was not only a great exercise in team building but also a positive life changing event

2023 saw the RDYST launch an exciting new programme called COTS, Career Opportunities Through Sailing. This provided opportunities for three local children, who would otherwise be unable to do so, to undertake the

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RYA sailing courses which they will complete over a number of years, opening the way to use these skills as a summer job or for further training for a variety of marine industry careers. RDYST plans to take in more youngsters into the 1st year of training in 2024.

In September we rounded off the season with 66 Year 6 Dartmouth Academy pupils enjoying a half day’s paddle boarding instruction and a similar number of Year 7s enjoying a half day learning how to kayak. Both events were a huge success and are planned to be repeated this year.

As well as the many volunteers and sailing instructors involved, the RDYST receives invaluable support from the Royal Dart Yacht Club and the use of the Club’s facilities both ashore and afloat. These are essential towards providing the many exciting experiences for local less advantaged school children.

The Trust would like to thank the many volunteers, sailing instructors and Trustees for the time and effort they put in to achieve the great results as described above.

The Trust is also indebted to the many generous donations from individuals, family Charitable Trusts, Rockfish Restaurants and other local businesses, without whose support we could not operate. We are also grateful to the RYA, Sport England and Dartmouth United Charities in providing generous grant support.

In conclusion, it is pleasing to report that 2023 proved to be another very successful year for the Trust with over 200 school children participating, many of whom had never previously had the opportunity to participate in water sports on our lovely river.

Finally, based on our previous successes, we are developing new exciting initiatives for 2024 and beyond.

John Ellwood Chair RDYST

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Statement of Financial Activities 2023

Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
total funds
Income and endowments from:
Donations and legacies
Income from charitable activities
Investments
Other income
Grants and Funding
Total income
Expenditure on:
Raising funds
Expenditure on charitable activities
Other expenditure
Total expenditure
Gains / losses on investment assets
Net income / (expenditure) resources before
transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Unrestricted
General fund
Designated
Fixed Assets
Kayaking
Youth Sailing
Restricted
Career Opportunities Through Sailing
New Boat Restricted
Paddleboarding
Youth Sailing Restricted
Youth Voyage Restricted
24,317
4,800

29,117
16,332





307


307
27
145


145
35

5,679

5,679
13,645
24,770
10,479

35,249
30,041
209


209
28
11,527
18,235

29,762
25,865




11,736
18,235

29,971
25,894




13,034
(7,756)

5,278
4,146
16,361
3,528

19,889
12,126
(13,592)
(6,297)

(19,889)
(12,126)




15,802
(10,524)

5,278
4,146
24,123
13,285

37,409
33,262
39,925
2,761

42,687
37,409
26,783


26,783
13,189
13,142


13,142
10,933











2,312

2,312
3,520











449

449
9,765




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Balance sheet

Class and code
Description
This year
Last year
Fixed assets
6434
Boats - Quests
6435
Boats - Seascape
6436
Boats - Fevas
6437
Tetradock
6438
Boats - Toppers
Total Fixed assets
Current assets
6501
Bank current account
6505
Bank deposit account
6610
Other Debtors
Total Current assets
Liabilities
6620
Creditors other
Total Liabilities
Net Asset surplus(deficit)
Reserves
Excess / (deficit) for year
Z01
Starting balances
Total Reserves
Represented by funds
Unrestricted
Designated
Restricted
Endowment
Total
6
6
1
3,900
2,894
5,787
660
1,240
9,581
13,142
10,933
790
13,360
29,113
12,910
140
205
30,044
26,475
500
500
42,687
37,409
5,278
4,146
37,409
33,262
42,687
37,409
26,783
13,189
13,142
10,933
2,761
13,285

42,687
37,409

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Statement of assets and liabilities

General
Designated
Restricted Endowment
This year
Last year
Fixed assets - Tangible assets
Boats - Quests -
Boats - Seascape -
Boats - Fevas -
Tetradock -
Boats - Toppers -
Totals
Current assets - Cash at bank and in hand
Bank current account -
Bank deposit account -
Totals
Current assets - Debtors
Other Debtors -
Totals
Liabilities - Creditors: Amounts falling due in
one year
Creditors other -
Totals
Grand total

6


6
6

1


1
3,900
(6,022)
471
8,445

2,894
5,787
(1,600)
2,260


660
1,240

6,868
2,712

9,581
(7,622)
9,606
11,157

13,142
10,933
1,595
3,157
(3,962)

790
13,360
32,669
378
(3,933)

29,113
12,910
34,264
3,535
(7,895)

29,904
26,270
140



140
205
140



140
205


500

500


500

500
26,783
13,142
2,761

42,687
37,409

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Fund movement by type

Opening
Incoming
Outgoing Transfers Gains/losses Journals Closing
General - General fund
Unrestricted
Sub-total for General
YSU - Youth Sailing
Designated
Sub-total for YSU
YSR - Youth Sailing Restricted
Restricted
Sub-total for YSR
YVR - Youth Voyage Restricted
Restricted
Sub-total for YVR
COTS - Carrer Opportunities
Restricted
Sub-total for COTS
PAD - Paddleboarding
Restricted
Sub-total for PAD
KYK - Kayaking
Designated
Sub-total for KYK
FAQ - Fixed Assets
Designated
Sub-total for FAQ
NBR - New Boat Restricted
Restricted
Sub-total for NBR
Grand total
13,189
24,770
209
(10,967)


26,783
13,189
24,770
209
(10,967)


26,783













9,765
6,679
12,698
(3,297)


449
9,765
6,679
12,698
(3,297)


449


2,768
2,768




2,768
2,768



3,520

1,207



2,312
3,520

1,207



2,312

800
1,560
760



800
1,560
760





1,760
1,760




1,760
1,760



10,933

9,767
11,976


13,142
10,933

9,767
11,976


13,142

3,000

(3,000)



3,000

(3,000)


37,409
35,249
29,971



42,687

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