## TS Euryalus - Oxford Sea Cadet Unit Donnington Bridge Road, OXFORD OX4 4BJ Charity number 293839 ## Trustees' Report 1st April 2020 to 31st March 2021 During the year covered by this report the Unit Management Team ('the UMT') consisted of the following trustees: Mr Clive Berry (Chair and Treasurer), CPO (SCC) Denise Driver (Commanding Officer), the Rev'd Stephen Pix (Secretary) Mr Benjamin Chamings-Manley and the Rev'd Anthony Graham Buckley (Unit Chaplain) and Ms Lara Jewell . Mr Benjamin Chamings-Manley retired on health grounds in March. The Committee met on five occasions: 1st May, 12th June, 10[th] July 2020, and 5th January and 9th March 2021. The conduct of the Unit was governed by the Regulations of the Sea Cadet Corps, and the UMT manages the finances and the organisation of the Unit in accordance with those regulations and in consultation with the Commanding Officer and staff, for the benefit of the boys and girls who are members of the Unit as cadets and of the area of Oxford in which the Unit Headquarters is situated. The UMT has the following elected officers: Chair, Secretary and Treasurer; the Commanding Officer and the Unit Chaplain are trustees ex officio. Throughout the year the Staff and Cadets met virtually every Tuesday and Friday for training, as appropriate to the season and weather until Covid restrictions came into force; the activities included drill with and without weapons, seamanship and boat handling, and leadership skills. They also participated in sporting and seamanship activities at District and Area level with considerable success, and most cadets attended training courses organised by the Sea Cadet Corps. The disruption caused by the Covid 19 pandemic and the restrictions introduced by the Government to reduce the number of direct and indirect casualties caused by this virus are also the reasons for the unusually late date of this AGM. We would normally have been meeting in October 2020. The Unit is supported financially by periodic grants from local charitable trusts, and also from profits and donations associated with the sale of Christmas trees from the Unit Headquarters in November and December each year. Generally, from year to year the accounts balance, and during the year covered by this report there was a surplus of £33,470.88. The trustees are aware of the need for the Unit to provide a public benefit, and believe that this is done. Membership of the Unit is open to all boys and girls who wish to join, without any discrimination, subject to the overall discretion of the Commanding Officer. Moreover, the Unit Headquarters building is available for use by local groups at reasonable cost, again without discrimination as long as the aims of the groups in question are not at variance with the aims and values of the Sea Cadet Corps. C.R. Berry, Chairman 22[nd] October 2021 Joanne wa￿en 35 Hyperion Lane Radstone Fields Brackley Northants NN13 6FU 14 June 2021 st Oxford Sea Cadets - Financial Year End 31 March 2021 Re ort of Inde endent Accountant I have examined the financial report for the year 31, March 2021. I can confinn that proper records have been kept, transactions have been properly recorded and that the financial position of the Oxford Sea Cadets is properly presented. I can also confim that there are no matters that require to be brought to attention. Yours faithfully, J. M. Warren AAT OXFORD SEA CADETS PROFIT AND LOSS 1st April 2020 - 31st March 2021 2020-2021 2019-2020 Turnover Lellings Fundraiwg Investrnent Ir￿me Other Income Grants Re￿¥8￿ Donations Recwv•J Gift Aid Bank Inlwest Re￿¥•9 IRe5wwe Acv•r 77.374.33 45.519.52 rotsi Cost 0.00 0.00 GroA• Profft 77,374.33 45.519.52 L•¥8 Ex Cad¢i R•laled UUllliè8 PremSses 80015 snd 8081th9 Tran$oort Insur8n¢e Profess￿￿til Fee5 OffiGe and Si8 Olher ¢0515 Rent AccNo1 Adiuslm¢nl. Brouoht g￿k to Unifoim D8po$jlS- Brouohl Back lo Pftjfits 2,715.64 4,873.81 26.567.( 2.082 21 1.499.16 5,950.65 2,438 04 22.814 67 4,376.92 1,011.61 7.446 58 431.76 111.35 -14.eoo 00 -100.00 2.740.27 2(￿. 2,074.46 70th1 Exp•Ths•• 43.6M.21 JO 767.67 Prolli b•for• Tax 33,680.12 14 751.85 OXFORD SEA CADETS 8ALANCE SHEET 1st April 2020 - 31st March 2021 Fèxtd Assots IOZty2021 201fv2020 M&G Investrnenl Fund Increaseldtha5e in 1nv8sth￿t 61.673.66 7.056 44 2,152.60 478.94 Tot•1 FIA•d A¥Mts 66,730.10 c￿￿•nI A88•t8 current Acc￿¢ Bank Reserve Arts￿nI 11.518.37 17.093. 5.692 85 50.772.22 To¢•1 Curr•rtt A•Mt8 29,612.27 56.465.07 Currnnl Ll*blll¢h¥ Sundry Credilors Other lknil(Ks (Unilom D•)osltsl Accnjed Rent 797.58 175. 2,330.gN) 175.00 0,00 Tol•l Curr•n¢. LI•￿1111• 972.98 2.SOS.90 •t Curr•nt A•Mt¥ 53.95•.17 Tot•1 *As•t• L•¥• Curr•nt Ll•bllltl•• 96.369.39 55 632.83 Lon T•rni Ll•bllltl Tol•l Long T•￿ Uabllltl•• 0.00 Pl•t 55.632.83 ¢•1 •nd R•A•r¥•i P 8nd L Acwunt Relained Profil and Undisiribjled Resems Revaluation Re¥er¥e- CharitK)nds 33.6W).12 55.940.17 6.749.10 14.751.85 41,188.32 -307.34 Tol•l C•pt*l •nd R•••Th 55.632.83 Joanne wa￿en 35 Hyperion Lane Radstone Fields Brackley Northants NN13 6FU 14 June 2021 st Oxford Sea Cadets - Financial Year End 31 March 2021 Re ort of Inde endent Accountant I have examined the financial report for the year 31, March 2021. I can confinn that proper records have been kept, transactions have been properly recorded and that the financial position of the Oxford Sea Cadets is properly presented. I can also confim that there are no matters that require to be brought to attention. Yours faithfully, J. M. Warren AAT OXFORD SEA CADETS PROFIT AND LOSS 1st April 2020 - 31st March 2021 2020-2021 2019-2020 Turnover Lellings Fundraiwg Investrnent Ir￿me Other Income Grants Re￿¥8￿ Donations Recwv•J Gift Aid Bank Inlwest Re￿¥•9 IRe5wwe Acv•r 77.374.33 45.519.52 rotsi Cost 0.00 0.00 GroA• Profft 77,374.33 45.519.52 L•¥8 Ex Cad¢i R•laled UUllliè8 PremSses 80015 snd 8081th9 Tran$oort Insur8n¢e Profess￿￿til Fee5 OffiGe and Si8 Olher ¢0515 Rent AccNo1 Adiuslm¢nl. Brouoht g￿k to Unifoim D8po$jlS- Brouohl Back lo Pftjfits 2,715.64 4,873.81 26.567.( 2.082 21 1.499.16 5,950.65 2,438 04 22.814 67 4,376.92 1,011.61 7.446 58 431.76 111.35 -14.eoo 00 -100.00 2.740.27 2(￿. 2,074.46 70th1 Exp•Ths•• 43.6M.21 JO 767.67 Prolli b•for• Tax 33,680.12 14 751.85 OXFORD SEA CADETS 8ALANCE SHEET 1st April 2020 - 31st March 2021 Fèxtd Assots IOZty2021 201fv2020 M&G Investrnenl Fund Increaseldtha5e in 1nv8sth￿t 61.673.66 7.056 44 2,152.60 478.94 Tot•1 FIA•d A¥Mts 66,730.10 c￿￿•nI A88•t8 current Acc￿¢ Bank Reserve Arts￿nI 11.518.37 17.093. 5.692 85 50.772.22 To¢•1 Curr•rtt A•Mt8 29,612.27 56.465.07 Currnnl Ll*blll¢h¥ Sundry Credilors Other lknil(Ks (Unilom D•)osltsl Accnjed Rent 797.58 175. 2,330.gN) 175.00 0,00 Tol•l Curr•n¢. LI•￿1111• 972.98 2.SOS.90 •t Curr•nt A•Mt¥ 53.95•.17 Tot•1 *As•t• L•¥• Curr•nt Ll•bllltl•• 96.369.39 55 632.83 Lon T•rni Ll•bllltl Tol•l Long T•￿ Uabllltl•• 0.00 Pl•t 55.632.83 ¢•1 •nd R•A•r¥•i P 8nd L Acwunt Relained Profil and Undisiribjled Resems Revaluation Re¥er¥e- CharitK)nds 33.6W).12 55.940.17 6.749.10 14.751.85 41,188.32 -307.34 Tol•l C•pt*l •nd R•••Th 55.632.83