g. General disclosures


The trustees are appointed by the Association. The current incumbents are: David Murray, the former Head of Finance (pensioner member-nominated); Paul Bryans, a former RYA Board Member and RYA Council Member (RYA nominated); and Evelyn Partners Trust Corporation Limited (formerly Smith & Williamson Trust Corporation), an independent Corporate Trustee. The Directors recognise the Association’s obligation to meet the liabilities of the scheme.


18. Operating lease commitments


At the date of the Statement of Financial Position the Association had the following future minimum rentals payable in respect of non-cancellable operating leases:


Land and buildings: Within one year


Between two and five years More than five years


2024 £


61,274


224,832 248,252 ---------


534,358 ----------


Other operating leases: Within one year


Between two and five years


2024 £


27,962 15,511


--------- 43,473


---------- 19. Operating lease receivables


At the date of the Statement of Financial Position the Association had the following future minimum rentals receivables in respect of non-cancellable operating leases:


Land and buildings: Within one year


Between two and five years


2024 £


34,968 33,906


--------- 68,874


----------


2023 £


34,968 68,874


--------- 103,842


----------


2023 £


105,883 - -


--------- 105,883


----------


2023 £


13,682 4,897


--------- 18,579


----------


34


RYA Annual Strategic Report 2024


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