Finance Score: -3

Governance Score: -2

Support Score: 0

Strong growth: +2
Volatile income & significant deficit in latest year: -5
No PartB

Narrow trustee age band: -2

No supporters identified

Overall GiG Score: -5

THE ROYAL YACHT SQUADRON ISLE OF WIGHT FOUNDATION

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.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
There has been a change of accounting period recently, so trends may be hard to determine
Income has been volatile recently and was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22	£183	£279	£-95	n/a	n/a	n/a	n/a	n/a	5
31/12/21?	£131	£94	£37	n/a	n/a	n/a	n/a	n/a	8
30/06/20	£175	£24	£151	n/a	n/a	n/a	n/a	n/a	3
30/06/19	£284	£23	£261	n/a	n/a	n/a	n/a	n/a	11
30/06/18	£388	£64	£324	£0	£0	£0	n/a	0	12
30/06/17	£281	£41	£240	£0	£0	£0	n/a	0	0
30/06/16	£309	£35	£274	£0	£0	£0	n/a	0	0
30/06/15	£171	£10	£161	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 10 years

www.rysfoundation.org

mail@rys.org.uk

01983292191

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training

GiG Classification

Poverty relief

How it operates

Makes Grants to Individuals

Where it operates

Isle Of Wight,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

Unknown number of employees
5 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

Age Range of Trustees: 62-78

ALEXANDER CHARLTON KC Appointed: 2020

COLONEL CARRON SNAGGE Appointed: 2015, Occupation: Retired Army Officer

DUNCAN IAN ARTHUR BYATT Appointed: 2023, Occupation: Investment Manager

PATRICIA ANNE KYLE Appointed: 2022, Occupation: Director

DIANA NICHOLSON Appointed: 2020, Occupation: Chair Of School Governors, Other trusteeship: ISLAND CAREERS PARTNERSHIP,

JAMES STEVENS Appointed: 2017, Occupation: Retired, Other trusteeships: OCEAN YOUTH TRUST SOUTH, ARMY SAILING ASSOCIATION,

NEIL MCGRIGOR Appointed: 2016, Occupation: Company Director

RICHARD LAURENCE POWELL OBE Appointed: 2020, Other trusteeship: THE EGGAR'S GRAMMAR SCHOOL, ALTON, SITE FOUNDATION,

THE HON CHRISTOPHER SHARPLES Appointed: 2017, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 13/10/2014, number: 1158850
Registered at Companies House on 21/07/2014, number: 09138930

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Volunteer management

Filing Record

8 returns made; all on time

Main office

Royal Yacht Squadron
Cowes Castle
The Parade
COWES
PO31 7QT

Objectives

THE OBJECTS OF THE CHARITY ARE TO:1.1.1 ADVANCE THE EDUCATION OF; AND/OR1.1.2 PROMOTE THE DEVELOPMENT OF; AND/OR1.1.3 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 (BUT NOT EXCLUSIVELY) BY PROMOTING AND SUPPORTING ACTIVITIES AND OPPORTUNITIES WITH A MARITIME CONNECTION.

Defined Area of Benefit:

HAVING A SUFFICIENT CONNECTION WITH THE ISLE OF WIGHT

Data Sources