ROYAL SOUTHERN YACHT CLUB TRUST
1) The advancement of amateur sport and, in particular, the provision of facilities and assistance to enable and encourage participation in sailing or yachting. 2) The advancement of such other charitable purposes as the Trustees shall, from time to time, determine.
Objects
3 OBJECTS THE OBJECTS ARE 3.1 THE ADVANCEMENT OF AMATEUR SPORT AND IN PARTICULAR THE PROVISION OF FACILITIES AND ASSISTANCE TO ENABLE AND ENCOURAGE PARTICIPATION IN SAILING OR YACHTING;3.2 THE ADVANCEMENT OF SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £23,643 for the year, increasing its total funds to £388,606. The trustees report that sufficient cash balances are maintained to fund approved grants and short-term requirements, with no material uncertainties identified regarding going concern.
What the accounts disclose
“The Trust's policy is, in general terms, to lend the principal sums donated to it to the Club and to apply the income received from these investments to the provision of grants to appropriate projects and causes, which are from a wide spectrum of applicants.”
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
Trustees
- BRIAN LEONARD MEADchair
- BRIAN LEONARD MEAD MEAD FCA
- Duncan Ian Truswell
- Edward William de Courcy Stevens
- Ian Richardson
- Lisa Rochford
- Peter Selby
- Susan Shira Robinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £61k | £38k |
| 31/03/2024 | £24k | £44k |
| 31/03/2023 | £23k | £25k |
| 31/03/2022 | £13k | £17k |
| 31/03/2021 | £63k | £9k |
Common questions
Is ROYAL SOUTHERN YACHT CLUB TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £23,643 for the year, increasing its total funds to £388,606. The trustees report that sufficient cash balances are maintained to fund approved grants and short-term requirements, with no material uncertainties identified regarding going concern. Its FY2025 accounts were independently examined.