Two approachs to reefing line rigging. The main problem with these are that it seems overly harsh on the sail since the line pulling through the forward cringle. Putting the line through a block instead of the cringle is recommended.
Underside of starboard winch with hand-hole cover removed. Winch could not be located further aft or further outboard. If further inboard, the port winch would have interfered with the larger cockpit locker lid.