The annual meeting and presentation evening was held at Sussex Yacht Club in Shoreham.
Committee member Chris Lane said the yacht club had come to their rescue following the closure of Adur Outdoor Activities Centre, where the sailing club was based.
Members, parents and guests were addressed by chairman Ian Brownbill, who updated them on the ongoing negotiations, saying it was hoped these would allow the club to continue operating next year.
The event celebrated the achievements of members for the past season with the awarding of 28 Royal Yachting Association certificates and trophies.
The awards were presented by Gareth Byrne, a longstanding member who, having learned to sail with the club is now qualified to teach sailing and water sports in a professional capacity.
Gareth explained his route to qualification and talked about his experiences working as an instructor on the Greek islands.
Winners from the Shoreham and Worthing area included Elisha Palmer, a previous winner of the Novice Cup. She was awarded the Kholmi Shield as the best sailor of the season.
Finn Parker was awarded the Tucknott Shield as the most supportive club member.
The Novice Cup and Runner Up Shield went to cousins Tarun Lilley and Adam Lavender.
Mr Lane added: “The members enjoyed an audio visual presentation of the year’s events, which was dedicated to the club’s founder, Ted Tucknott, who sadly passed away in the last month.
“There was much discussion about the future of the club following the closure of the activities centre.
“Having celebrated 40 years of teaching sailing to young people, the volunteers who run the club are fearful for its future.”
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