THE ROYAL YACHT SQUADRON ISLE OF WIGHT FOUNDATION

Registered charity 1158850 · accounts filings on the Charity Commission register · also known as THE SQUADRON IN THE COMMUNITY

The objects of the charity are to advance the education, and/or promote the development of and/or relieve need in children and young adults living on or as determined by the Trustees having a sufficient connection with the Isle of Wight by such exclusively charitable means as the Trustees think fit particularly by promoting and supporting activities and opportunities with a marine connection.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income

£180k

Latest spending

£91k

Registered

2014

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £2,186,102, exceeding the trustees' stated fundraising target of £2.6m (adjusted for inflation from an initial £2.0m target). The charity reported a surplus of £184,264 for the year, with no restricted funds held and no employees receiving remuneration above £60,000.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £2.2m; policy: at least £2.6m)

“By the end of 2023 the charity had achieved its initial target of £2.0m net assets. That target was set in 2014, which taking account of inflation, is equivalent now to at least £2.6m, which has become the Trustees’ new fundraising target.” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Royal Yacht Squadron Isle of Wight Foundation (matched by registered charity number).

Trustees · trustee networks

Alexander Charlton KC
Andrew Watt
Commander Calum SILLARS
David John Lane Freer ANDERSON
Diana Nicholson · trustee of 1 other charity
Duncan Ian Arthur Byatt
James Stevens · trustee of 1 other charity
Michael Christopher Acton
Miranda ACLAND
Patricia Anne Kyle

Trustee list from the Charity Commission register (current, not historical).

Operates in: Isle Of Wight

Income and spending

Financial year end	Income	Spending
31/12/2024	£180k	£91k
31/12/2023	£113k	£67k
31/12/2022	£183k	£279k
31/12/2021	£131k	£94k
30/06/2020	£175k	£24k

Common questions

Is THE ROYAL YACHT SQUADRON ISLE OF WIGHT FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £2,186,102, exceeding the trustees' stated fundraising target of £2.6m (adjusted for inflation from an initial £2.0m target). The charity reported a surplus of £184,264 for the year, with no restricted funds held and no employees receiving remuneration above £60,000. Its FY2024 accounts were independently examined.

Who funds THE ROYAL YACHT SQUADRON ISLE OF WIGHT FOUNDATION?

Funders whose own accounts filings name THE ROYAL YACHT SQUADRON ISLE OF WIGHT FOUNDATION as a grant recipient include The Ethos Foundation.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
The Ethos Foundation	FY2024	£80k	Smaller grant