CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 31 March 2023 Period stsrt dats To 1 April 2023 Period end date Charity name: Blackpool Unit 45 of the Sea Cadet Corps Charitv reqistration number. 1012707 Objectivos and Activities Summary of the purwses of the charity as s& out in its goveming document Pwa 1.17 Blackpool Sea Cadets is part of a larger organlsatlon, the Marine Society & Sea Cadets (MSSC), is not directy fiinded by the Royal Navy as is commonty perceFved and is a self-fvnding oryanisation and registsred charity. The Unlt (Charlty) people in achieving their physical, Intellectual and social potential as individuals and as rgsponsiblo citizons by the provision of education and leisure Ilme athlties through nautical adventure with an em hasis on fun. Staffed totslly by unifomied and civilian volunteers, the Unit parades twice a and: . offern young people a structured environment in which to develop - provides access to education and training includiThJ Ibut not reslrKtsd to): sailing Ilnshore and offshore), paddle sports, power boatlng. seamanship. navigation, marlne engineering, cooking, music, first aid. drill, piping• and publlc service . provKles op￿￿nItieS for young people to obtain a range of qualificatlons . provides opportunities for communty involvemenL Trustees have had no regard to the guidance issued by the Charity Summary of the main adivities in rek2tion to those purposes for the Frtjblic benefft, in particular, the acttvities, projects or ser¥sces Identffj￿ in the accounts. Pwa 1.17 1.19 Statement confirming whether the trustees have had regard to the 9uidance issued by the Charty Commission on public benefft Par8 1.1J Additional infofmatlon loptkxMI} Youm choose to include further statements where relevant aboui: Policy on grant making Pwo 1.38 Policy on soci81 investmerrt induding program related investhent Para 1.38 Contribution made by volunteers Par8 1.38 Other Achievements and Perfomiance Summary of the man achievements of the charity. identrfw'ng the drfrerence the chariils work has made to the afcumstsnces of rts benefiaaries and any wFder benefts to faociety as a whole. Par* 720 Young people aged 10 to 18 y•ars old and from all backgrounds and abilities attend the unit and all are offerod the same opportunhles. Quite often they excel In latsr Ilfe due to the tralnlng and confidence building they receive as a cadeL Whilst not considered a recruiting organi5ation, some do choose to go on to Join the Royal Navy or other brnnches of the Arnied Forces. but in many cases feedback from omployern shows how inpressed they are by the skills gainod. Additlonal infommllon Iomional) You ma chcM)se to indude further statements where ￿leVant about: Achievements against obieclives Set P*• 1.41 PerfOM7an¢￿ of fundraising activities against objectives 1.41- Investment performance against objec*ves P¥a 1.41 Other Financial Review Review of the chanty's finanaal position at the end of the period P** 121 18mber5hip of tho Management Team (Trusteesl rnmains at a sufficlently constsnt level to allow continued and effective management of the charity. A Parnnts & Supportorf$ Association. a subrycommittee of the maln management team, concentrates on fundraising and has proven successfvl yet again in organising and holding events to rnlso funds. The charity has no debtors or creditors and following the annual audiL the accounts are In a healthy stats. The￿ ar• currenty sufficient funds to enable the charity to contAnue operating for approxlmatety 30 months shoukl fvndin income cease for an reason. The trustse pollcy is to hold a mlnlmum of six months operating costs in reserve to ensure contlnued operatlon of the unitjcha should the need aris•. £37 571.59 NIA Statement explaning the policy for holding reseprfes ststing why they are held p￿al22 Amount of reserves held Reasons for holding zero reserves Details of fund matertally in deficit Explanation of any uncertainties about the charlty continuing as 8 going COn￿M P8rn122 Para 122 124 NIA P*a 123 There are no uncertainties about the charbty conllnulng as a going concern. Addillonal infomwtion (oPti￿al) You ma choose to indude further statements vthere re￿ant about.. The charity's prinapal Prlncipal sources of funds are member sourc88 of funds (induding sub8crfpiioiY4, fund rai•ing in th• forni of any fundraising) raffles. quiz nights, fairs, etc, and donatk)nsl rnnts from external sources. Pwa 1.47 Investment policy and objectives induding any soaal investment policy adopbj 1.46 A description of the prinapal risks facing the charity P￿• 1.46 Structurn. Governance and Management Description of chanty's trusts.. Type of goveming document P¥8 125 The Sea Cadet Standard Conslltutlon (SCSC)12017) approved by the MSSC Council and charlty regulator in 2017 deterniines the charltsble conslittrtion for the cha The charity 15 an Unincorporated Charttabl• Association. How is the ¢hartty constituted? Para 125 >ted Trustee seledion methods induding details of any constitutional provisions e.g. election to post or name of any person or body enttlled to appoint one or m