A business plan was drawn up and lobbying of Haringey councillors and public opinion started. Very quickly, the councillors realized that passing the boats and the facilities at Banbury Reservoir over to somebody else got them out of the hole they had dug and they agreed to the proposed arrangements.
A registered charity, the North London Youth Sailing Trust (NLYST), was set up to take over and continue the provision of a sailing programme for schools in North London with the HSA supported the work of NLYST as it had previously supported the work of the Haringey school sailing unit. The first Trustees included 2 Haringey head teachers, the ex-head of the National Schools Sailing Association and Sue Brown, then Chair of the Association and wife of the retired Chief PE Advisor of Haringey, Eric Brown, who had been instrumental in setting up sailing in Haringey 20 years or more earlier and in arranging Haringey’s initial use of the Brightlingsea facilities.
NLYST became the owners of the ex-Haringey boats at the reservoir and at Brightlingsea and the ex-Haringey Head of Centre, Anna Blannin, agreed to continue here previous role, now working for NLYST rather than Haringey. Financially NLYST operated on a knife-edge but it was able to provide the service it had set out to supply. Some operational funding was obtained from the British Marine Industries Federation and from Thames Water, the schools coming in paid a small fee per pupil and there was income from the Brightlingsea boats being used by the HSA and by outside sailing groups from around the country. Additionally many HSA instructor and senior instructors gave their time to run adult training courses, which generated income.
At the AGM held on 1st April 1993, its 21st birthday year, the Haringey Sailing Association changed it's name to become the North London Sailing Association to fall in line with the name of the North London Youth Sailing Trust.