OCC CHARITABLE TRUST AGM 17102125 Report from the Acting Chair Following the sudden resignation of David Ball from the Trust I was happy to take on some of the responsibilities but I stress that in practice Helen has dealt with the majority of matters arising. Our on-line meetings have somets.mes been quite searching as we have discussed the future potentia] of the Trnst. We have been pleased to make a Donation to the West Indies Sail Heritsge Foundation in Antigua which trains local youngslers with the aim of establishing them in the Caribbean yachting industry. The year has b¢¢n th'sappointing in that thcre appears to have been little interest in either donations to the Trust or applications for fanCIal assistance. However the support of the Trustees and the potential to work in 'conjunction' with the Youth Sponsorship Scheme should help publicise the Trust to both Donors and potential applicants. Regrettably it would appear that lack of Tax advantages and other potential costs hinder the attraction of the UK Trnst to American members. We are pleased to welcome Commodore Flona Jones as an ex-officio Trustee and Simon CUAn remains as a full Trnstee I have no hesitation in wishing the Tnlst a healthy tllre. David Wilkn"e 08/01125
Ocean Cruising Club Charitable Trust Reg No 1191825 Financial Statement for the year ending 31" December 2024 2024 2023 2022 Income- Donations 25.(X) 330.00 3624.68 Gift Aid refund 201.03 TOTAL 25.00 3825.71 OutEoings- Granted ILKK>.00 Bank Charges 71.40 72.00 72.(Kl Paypal Charges 0.55 2.52 Website costs 307.20 36.00 Trustee Insurance 442.lJ) 442.(X) TOTAL 1013.95 1821.20 108.00 NETf INCOME -988.95 -1491.00 3717.71 Liabilities Bank Account at 31112121 1746.00 Bank Account at 31112122 5463.71 Bank Account at 31112123 3969.99 Bank Account at 31 12 24 2981.04 NOTE: The Trust has no paid employees and no physical assets Si ned Treasurer 1.,175 David M. Wilkie I have examined the above accounts with the source accounting records and believe them to be an accurate account of the ChariWs financial position. Signed: