## **Trustees’ Annual Report for the period**
## **From 01/04/2025 Period start date To 31/03/2026 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 and
Sea Cadets (a charity registered in
England and Wales 313013 and in
Scotland SC037808) (“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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1
## **Additional information (optional)**
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Statement SORP reference Trustees’ statement
Contribution made by Para 1.38 No specific financial contribution is
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volunteers **made to the Unit by its volunteers.**
## **Achievements and Performance**
|**Statement**|**SORP reference**|**Trustees’ statement**|
|---|---|---|
|Summary of the main
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.|Para 1.20|**We provided a safe and comfortable**
**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 included:**
**Top 5 performing units in London**
**Area, following being winners of**
**the Stephenson Trophy (best Sea**
**Cadet Unit in London Area) and**
**two consecutive years as winners**
**of the Killick Trophy (second best**
**unit in London Area).**
**A total of 2,033.5 nautical hours**
**achieved by young people (603**
**rowing, 140 powerboating, 247**
**sailing, 963.5 undertaking**
**paddlesports and 80**
**windsurfing).**
**Growing Junior Section, with an**
**active waiting list for young**
**people aged 10-11 that we can**
**accommodate.**
**Substantial completion of**
**building projects: the installation**
**of a new energy and heating**
**system, and the refurbishment of**
**the Unit’s galley (main kitchen).**
**Collaboration with local**
**community organisations (NHS)**
**to provide a venue for community**
**activities.**|
2
## **Financial Review**
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Statement SORP reference Trustees’ statement
Review of the charity’s Para 1.21 The Unit was in a stable financial
financial position at the end position as at 31 March 2025:
of the period Total income was £46,493;
Total expenses were £22,177;
Resulting in a net income of
£24,317 for the year.
The largest recurring source of income
was cadet subscriptions, though the
charity also benefited from gift aid
reclaims, private donations and rental
income.
Main items of expense were building
maintenance and operational overheads
(including electricity, insurance, heating
oil and the cost of maintaining and
running the Unit’s minibus).
Statement explaining the Para 1.22 A renovation reserve was historically
policy for holding reserves retained to provide funds from which
stating why they are held 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. No reserves have been held since
31 March 2024; the Trustees are
considering how a renovation reserve
can be re-established given anticipated
levels of income and expenditure.
Amount of reserves held Para 1.22 £nil
Reasons for holding zero Para 1.22 See above: depleted during the year
reserves ended 31 March 2023. The Trustees are
considering how a renovation reserve
can be re-established given anticipated
levels of income and expenditure.
Details of fund materially in Para 1.24 n/a
deficit
Explanation of any Para 1.23 The Trustees assess the Going Concern
uncertainties about the uncertainties and risks to be Low for the
charity continuing as a next 12-month period, as the Unit has
going concern sufficient resources to be able to
continue to operate in that period and
has established a new source of rental
income from 8 January 2026.
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## **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 both**
**prior to appointment and on a regular**
**basis, and must undertake**
**Safeguarding, EDI 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 MSSC.**|
## **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**|
4
**Names of the charity trustees who manage the charity**
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Dates acted if not for Name of person (or body) entitled
Trustee name Office (if any)
whole year to appoint trustee (if any)
1 Priyankumar Patel Chair Elected by Unit Membership
2 Marlene Rhodes Commanding Officer Elected by Unit Membership
Christina Berry- Treasurer From 1 April 2025 Elected by Unit Membership
3
Chmiel
4 Sorcha Coyle Secretary From 1 April 2025 Elected by Unit Membership
5 Malarvile Velaigam Trustee Until 6 May 2025 Elected by Unit Membership
6 Nitin Makharia Treasurer Until 12 May 2025 Elected by Unit Membership
7
8
9
10
11
12
13
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**|||
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## **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**
6
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (e.g. Secretary,**
**Chair, etc)**
**Date**|
Priyankumar Patel (Aug 21, 2026 16:30:04 GMT+1)
Priyankumar Patel|CHRISTINA JEAN BERRY (Aug 21, 2026 16:08:27 GMT+1)
CHRISTINA JEAN BERRY|
|---|---|---|
||PRIYANKUMAR KIRANKUMAR
PATEL FCA|CHRISTINA JEAN BERRY FCCA
(Retired)|
||
CHAIR|TREASURER|
||||
||21-AUGUST-2026||
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## **Independent Examiner's Report to the Trustees of Rickmansworth & Watford Unit 351 of the Sea Cadet Corps For The Year Ended 31 March 2026**
## **Independent examiner's report to the trustees of Rickmansworth and Watford Unit 351 of the Sea Cadet Corps**
I report to the charity trustees on my examination of the accounts of Rickmansworth and Watford Unit 351 of the Sea Cadet Corps (the Trust) for the year ended 31 March 2026.
## **Responsibilities and basis of report**
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Beirut Teclezion
Beirut Teclezion (Aug 21, 2026 16:37:03 GMT+1)
Beirut Teclezion BA FCCA
KHI BMSL Limited 6th Floor First Central 200, 2 Lakeside Drive, London NW10 7FQ 21/08/26 Date……………………..
## **RICKMANSWORTH AND WATFORD UNIT 351 OF THE SEA CADET CORPS**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026**
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2026 2025
Unrestricted Unrestricted
fund fund
£ £
Notes
INCOME AND ENDOWMENTS FROM
Income 46,493 30,818
EXPENDITURE ON
2
Raising funds 938 2,830
Charitable activities
Managment & Administration 18,177 16,229
Other 3,061 2,278
Total 22,177 21,337
NET INCOME/(EXPENDITURE) 24,317 9,481
RECONCILIATION OF FUNDS 171,436 161,955
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD 195,753 161,955
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## **RICKMANSWORTH AND WATFORD UNIT 351 OF THE SEA CADET CORPS**
## **BALANCE SHEET**
## **31 MARCH 2026**
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2026 2025
Unrestricted Unrestricted
Notes
fund fund
£ £
FIXED ASSETS
Tangible assets 5 176,785 148,212
CURRENT ASSETS
Stock 300 300
Debtors 6 799 2,274
Cash at bank 7 22,334 33,545
23,433 36,119
CREDITORS
Amounts falling due within one year 8 (4,466) (12,895)
NET CURRENT ASSETS 18,967 23,224
TOTAL ASSETS LESS CURRENT LIABILITIES 195,752 171,436
NET ASSETS 9 195,753 171,436
FUNDS
Unrestricted Funds 195,753 171,436
TOTAL FUNDS 195,753 171,436
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The financial statements were approved by the Board of Trustees and authorised for issue on .......................... and were signed on its behalf by
Priyankumar Patel ~~.............................................~~ Priyankumar Patel (Aug 21, 2026 16:30:04 GMT+1)
P Patel - Trustee
## **RICKMANSWORTH AND WATFORD UNIT 351 OF THE SEA CADET CORPS**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026**
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2026 2025
£ £
INCOME AND ENDOWMENTS
Income
Other Income 2,127 1,453
Donations 11,103 5,725
Gift aid 10,559 1,557
Grants - 3,671
Subscriptions 20,411 17,242
Interest 600 690
Rental & Hall Booking Income 1,694 480
46,493 30,818
Total incoming resources 46,493 30,818
EXPENDITURE
Other trading activities
Licensing - 951
Investment management costs
Waste Removal 938 928
Rent collection - 155
938 1,083
Charitable activities
Rates and water 813 453
Insurance 3,669 4,185
Light and heat 3,553 2,383
Telephone 137 132
Postage and stationery 556 10
Cleaning 112 -
Ground Rent 35 -
Subscriptions 52 602
8,926 7,765
Other
Travel Costs 2,066 1,842
Badges & Uniform 995 436
3,061 2,278
Support costs
Management
Sundries 2,091 3,024
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## **RICKMANSWORTH AND WATFORD UNIT 351 OF THE SEA CADET CORPS**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026**
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2026 2025
£ £
Management Finance
Bank charges 121 120
Information technology
Repairs and renewals 5,153 6,076
Governance costs
Accountancy and legal fees 1,885 40
Total resources expended 22,177 21,337
Net income/(expenditure) 24,317 9,481
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