2023-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2022 Period start date To 31/03/2023 Period end date

Charity name: Rickmansworth & Watford Unit 351 of the Sea Cadet Corps

Charity registration number: 282817

Objectives and Activities

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Statement SORP reference Trustees’ statement
Summary of the purposes of Para 1.17 The charitable purpose of the Charity
the charity as set out in its (also referred to as the “Unit” or “TS
governing document Renown”) is to promote the
development of young people in
achieving their physical, intellectual,
and social potential as individuals and
as responsible citizens by the provision
of education and leisure time activities
using a nautical theme and in
accordance with the principles, ethos
and practices of the Marine Society &
Sea Cadets (MSSC).
Summary of the main Para 1.17 and Main activities centre on offering young
1.19
activities in relation to those people a safe and structured
purposes for the public environment in which to develop.
benefit, in particular, the Provide access to education and
activities, projects or training including (but not restricted to):
services identified in the sailing (inshore and offshore), paddle
accounts. sports, rowing, power boating,
seamanship, navigation, cooking, first
aid, drill, piping, meteorology,
adventurous training, and community
service. Provide opportunities to obtain
a range of qualifications (internal and
third party). Provide opportunities for
community involvement.
Statement confirming Para 1.18 The trustees have had regard to the
whether the trustees have guidance issued by the Charity
had regard to the guidance Commission on public benefit.
issued by the Charity
Commission on public
benefit
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Additional information (optional)

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Statement SORP reference Trustees’ statement
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Contribution made by Para 1.38 No specific financial contribution is volunteers made to the Unit by its Volunteers.

Achievements and Performance

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Statement SORP reference Trustees’ statement
Summary of the main Para 1.20 We provided a safe and comfortable
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Statement SORP reference Trustees’ statement	Statement SORP reference Trustees’ statement	Statement SORP reference Trustees’ statement
Summary of the main	Para 1.20	We provided a safe and comfortable
achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.		environment for our children and young people to learn various practical skills, based on the traditions of the Royal Navy and develop their social skills through interaction with our volunteers and fellow cadets (senior and junior). Our volunteer staff are given training and support to provide the juniors and cadets with a high standard of learning. Highlights during the year include:  4 cadets passed their Petty Officer Cadet Board  Drill team place 4th at the National Drill and Piping Competition at HMS Raleigh  Chosin Cup Winners  2022 London Area Lord Lieutenant's Cadet appointed from our Unit  Deputy Lord Lieutenant's Cadet appointed from our Unit  3 of our cadets were the only London Area nominees for‘First Sea Lord Cadet’  2023 First Sea Lord's Cadet appointed from our Unit  A Fantastic Jubilee Party with over 100 attendees then an equally successful Coronation Party despite the terrible weather  New adult volunteer qualifications including a new RYA Dinghy Instructor.  Building improvements, including the renovation of showering facilities within the Unit.

Financial Review

Statement	SORP reference	Trustees’ statement
Review of the charity’s financial position at the end of the period	Para 1.21	The Unit is in a stable financial position as at 31 March 2023:  Total income was £31,795;  Total expenses were £29,601;  Resulting in a net income of £2,194 for the year. The largest source of income was rental income generated from an occupational licence granted to Morris Minors Preschool Limited (the “Licence Agreement”), which has been operating from the TS Renown building. Other significant sources are cadets’ subscription costs, and donations and grants awarded to the Unit. Main items of expense were building refurbishment costs, and operational overheads (including electricity, insurance and heating oil).
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	A renovation reserve was historically retained to provide funds from which building improvement and unforeseen repairs costs could be covered (“re- equipment project”). That fund stood at £7,307 as at 31 March 2022, and was depleted in the year ended 31 March 2023.
Amount of reserves held	Para 1.22	£ nil
Reasons for holding zero reserves	Para 1.22	See above: depleted during the year ended 31 March 2023.
Details of fund materially in deficit	Para 1.24	n/a
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	As at 31 March 2023, the Unit was in discussion with Morris Minors Preschool Limited about the level of rental income and rising costs associated with the Licence Agreement. The Licence Agreement was terminated in August 2023. The unit was able to mitigate the net income received under the Licence Agreement with an increase in cadets’ subscriptions. The Unit is pursuing alternative sources of income including:  Permission from Three Rivers District Council for parts of the TS Renown building to be used as a private hire community hall;  Establishing a dedicated fundraising team to focus on

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Statement SORP reference Trustees’ statement
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		fundraising events and bid- writing;  Establishing connections with local businesses and community groups in order to raise donations. The Trustees assess the Going Concern uncertainties and risks to be Low for the next 12-month period as the Unit has sufficient resources to be able to continue to operate in that period. Anticipating rising costs, the Trustees assess the Going Concern uncertainties and risks to be Medium beyond the next 12-month period.

Structure, Governance and Management

Statement	SORP reference	Trustees’ statement
Type of governing document (trust deed, royal charter)	Para 1.25	SEA CADET STANDARD CONSTITUTION (issued by: Director Volunteer & Business Support, Marine Society & Sea Cadets).
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are elected at the Charity / Unit Annual General Meeting. The AGM / election is open and overseen by a Returning Officer (as set out in the SEA CADET STANDARD CONSTITUTION).

Additional information (optional)

Statement	SORP reference	Trustees’ statement
Policies and procedures adopted for the induction and training of trustees	Para 1.51	Trustees are also Cadet Force Adult Volunteers (CFAVs). Our Unit CFAVs undergo Enhanced DBS vetting prior to appointment and on a regular basis, and must undertake Safeguarding and Data Handling training courses on a regular basis.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Although a separate and independent Charity, the Unit is affiliated to and governed by procedures and oversight of the Marine Society and Sea Cadets (a charity registered in England and Wales 313013 and in Scotland SC037808).

Reference and Administrative details

Charity name	RICKMANSWORTH AND WATFORD UNIT 351 OF THE SEA CADET CORPS
Other name the charity uses	 Rickmansworth & Watford Sea Cadets  TS Renown
Registered charity number	282817
Charity’s principal address	Cassio Bridge Watford Road Rickmansworth Hertfordshire WD3 3DG

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Nina Guppy Chair Until 20 February 2023 Elected by Unit Membership
2 Dudley Edmonds Chair From 14 July 2022 Elected by Unit Membership
3 Priyan Patel Vice Chair Elected by Unit Membership
4 John Casstles Treasurer Until 20 October 2022 Elected by Unit Membership
5 Michael Morris Secretary Until 14 July 2022 Elected by Unit Membership
6 David Barton UMT Member Elected by Unit Membership
7 Deborah Tindall Secretary From 6 March 2023 Elected by Unit Membership
Marlene Rhodes Commanding Officer (Trustee from 21 Elected by Unit Membership
8
February 2023)
9 Nitin Makharia Treasurer From 20 October 2022 Elected by Unit Membership
Malarvile Velaigam UMT Member From 22 September Elected by Unit Membership
10
2022
11 Paul Matarewicz UMT Member From 14 July 2022 Elected by Unit Membership
Hayley Henry Vice Treasurer From 14 July 2022 until 8 Elected by Unit Membership
12
January 2023
Jonathan UMT Member Elected by Unit Membership
13
Hemingway
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	n/a
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	n/a
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	n/a

Exemptions from disclosure

Reason for non-disclosure of key personnel details

n/a

Other optional information

n/a

Declaratlons Th• tru•t••• d•¢lar• that they have approved th• tru•t•••' r•port abov•. Slgned on b•half of th• ¢harlty'8 Irustee• Slgnaturel•) MrtkqAo4 . Full namel•) Posltlon (•g Secrntary, Chalr, etc) P¢11ÉL CWAIR EE + CO. Date 2ts Jan aoa+.

RkknansworthSeaCadetUt P￿ta￿E￿￿ExpEftSeSumMjry(0r￿1 endlng3tstM4rth2023 Sub5 6525.79 109.14 rStthj￿Q XmaSWQ@kond a9&02 L32L63 2.170.(KI DDDaUan Graht ?￿S5 1593.91 MSSCFvMd Unrfonn1n(￿ME 3CO.C•J 31.795 303.BI 145.50 785.oj 524.PA) Bapkchar GroundA enrEwen5e WaSte￿M0¥al sgo. 530 3105 65L67 Bad4es&Unrfor Felutb Maint•Dar Etectrftity 9,186.16 1,8ao.ll 3,411.18 Subscrfptkn S￿onery ti￿nsE Ihsurant 7&62 8&09 2,75&&5 IS8. 22a CfjmmunlLaUo Lkn#e oecord￿0 cirnhead 2.155S4 91&69 Trdy 47 12838 N(IraTrdSeTrire I9.￿.65 lfj Fundlnx Inrerc¢mpany0254 Irter￿￿￿plnvO4 Pa￿ Eq￿4PmÈnt Wetilltominglowin8 2,19439 l. L .)1 Ac￿￿ BalaTr¢eSfieètiiem5 SC6.09 adI￿ted dedtoi(KlanFund-rfn8fenced m¢￿EY$ve PEithtyAward fiefurb-ly￿ar 505.16 adjustsd 2EalhttPetth¥Award-rthgfen(ed 84ln#Rfreqlliw￿1 pl￿e[to￿￿] ShEEt 41,.12cla

Rl¢lmi#nyworth. Watlord Disirfd Catst Unlt Regi5W CwtyN￿2824I7 ￿￿Ckn1ansWOrth, Wallord District Sea Cadet Unll Reglsiwodcharity 14%282B17 BALMICE SHE 31 Marth 2023 31 M8r¢h20t2 AWmts1•i￿ lund at 1-Apr.2021 ADD surF4us Ild8flclil 165.23 2,194 167.432 164R49 989 165,288 Rtroqulpm2htPM]e¢t Fu￿1￿9 GtropdonationlToyotaChprfty Broughtlomrd Imm IpstJTar MD]¥s￿d Showers durln L¢ss: Expensqd W8Rfgrant 7.307 1,731 TWI Funiis at 314*￿?0£4 143.212 143.212 ￿lF￿t% MlnSbu$ 5.000 148.212 14&211 CurrenlA558ts Stock Fu8101 mS4CADnU￿ Futh NuityslrKk Cash algank Tr&nlw aruunl Petty ¢a5h Petchy SundryDèbtors Sundryc 300 31.392 37,989 158 158 1,144 120 RthylerKed 11.877 Cadots Fur Ringplthwl 977 Sundry Y¢l¥J cu￿￿fit As5els TotalAssels ot 19. 67A32 .332 31.Mar.2W3 e. L. ACbxA 0310312023 PolYA￿)wI￿AO P&iÉL Ac

a170 147 t4F &1¥4 31 1.74t i.s sao P L D Acrn¢l PA1eL ACFI

(HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Rickmansworth & Wattord Unil 351 of the Sea Cadet Corps On accounts for the year ènded 3110312023 Charity no {if any) 282817 Set out on pages I report lo Ihe trustees on my examination of the accounts of the above charity {'Ihe Trust-) for the year ended 31103 12023. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the a¢counts in accordan￿ with the requirements of the Charities Act 2011 I'the Act") I report in respect of my eXaMinat￿n of the Tnjst's accounts carried oul under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515}Ibl of the Act. Independent examlner's statement aPP￿6a￿￿ Delete I l rfnol applicable I have completed my examinat￿￿. I confimi that no material matters have come lo my attention in connection with the examination lethepl I have no concems and have come across no other matters in connection with the examination to which attention should be drawn In this report. in order, lo enable a proper understanding of the accounts to be reached. as8 delele the words in the brackels if they do not apply. Signed: Date: 03/oS/xo23 Name: Peter Davies Relevant professlonal quallflcationlsl or body Chartered Inslitule of Management Accounlanls (ACMA) IER Oct 2018

(If any): Addres8: Section B Disclosure Only complete Il the examiner needs lo highlight material matters ol ￿ncern (see CC32. Independent examination of charty accounls.. directions and guidance for examiners). Give here brief details of any items that the examiner ￿lsheS to disclose. NIA IER Oct 2018