## **TS Euryalus - Oxford Sea Cadet Unit** Donnington Bridge Road, OXFORD OX4 4BJ Charity number 293839
## **Trustees' Report 1st April 2022 to 31st March 2023**
During the year covered by this report the Unit Management Team ('the UMT') consisted of the following active trustees: Mr Clive Berry (Chair and Treasurer), Lt (SCC) Anthony John Ingham (Acting Commanding Officer), the Rev'd Stephen Pix (Secretary) and the Rev'd Anthony Graham Buckley (Unit Chaplain). The UMT met four times: 5th April, 28th June and 28th October 2022, and 3rd February 2023.
The conduct of the Unit was governed by the Regulations of the Sea Cadet Corps, and the UMT managed the finances and the organisation of the Unit in accordance with those regulations, for the benefit of the boys and girls who were members of the Unit as cadets and of the area of Oxford in which the Unit Headquarters is situated. The UMT had the following elected officers: Chair, Secretary and Treasurer; the Commanding Officer and the Unit Chaplain are trustees _ex officio._
Attendance figures for Cadets and Juniors made a very good recovery after the Covid lock-down, increasing from 36 to 46 over the period; the Unit had not had so many cadets for a long time. Staff and Cadets met virtually every Tuesday and Friday for training; 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 and offshore events organised by the Sea Cadet Corps.
The Unit was supported partially by grants from local charitable trusts and the Local Authority, as well as cadet subscriptions, but principally by the sale of Christmas trees from the Unit Headquarters in November and December 2022. Any surplus after running costs have been met was put aside in a special account for when funds will be required to rebuild the Unit Headquarters.
The trustees were aware of the need for the Unit to provide a public benefit, and took steps to do this. Membership was open to all boys and girls who wished to join, without any discrimination, subject to the overall discretion of the Acting Commanding Officer. Moreover, the Unit Headquarters building was available for use by local groups at reasonable cost, again without discrimination as long as the activities of the groups were not at variance with the aims and values of the Sea Cadet Corps.
SJ Pix, Chairman 24th October 2023
Registered number **293839**
## Annual Accounts
Oxford Sea Cadets T.S Euryalus
31 March 2023
## **Oxford Sea Cadets T.S Euryalus**
## **Contents**
||**Page**|
|---|---|
|Charity information|1|
|Accountants' report|2|
|Profit and loss account|3|
|Balance Sheet|4|
## **Oxford Sea Cadets T.S Euryalus**
## **Charity Information**
## **Business Address**
10 Cadogan Park Woodstock Oxfordshire OX20 1UW
## **Accountants**
JMW Accounting 35 Hyperion Lane Brackley Northants NN13 6FU
**Registered number** 293839
1
## **Oxford Sea Cadets T.S Euryalus**
## **Accountants' Report**
Oxford Sea Cadets T.S Euryalus
You consider that the charity is exempt from an audit for the year ended 31 March 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
JMW Accounting 35 Hyperion Lane Brackley Northants NN13 6FU
19th October 2023
2
## **Oxford Sea Cadets T.S Euryalus**
## **Income Statement**
## **for the year ended 31 March 2023**
|**Income**
Lettings
Fundraising
Investment Income
Other Income
Donations Received
Cadet Contribution
Bank Interest Received (Reserve Account)
**Total Income**
**Expenses**
Cadet Related
Utilities
Premises
Boats and Boating
Transport
Insurance
Professional Fees
Office and Stationery
Other Costs
**Total Expenses**
**Profit for the financial year**
Transport Grant||**2023**
**2022**
**£**
**£**
6,573
4,453
37,898
37,872
4,284
3,501
6,190
11,318
714
2,350
1,194
1,185
53
2
7,500|
|---|---|---|
|||**64,404**
**60,681**
8,145
9,664
5,132
5,634
13,436
16,238
3,906
2,651
2,731
20,565
2,263
1,674
2,525
1,558
2,106
469
316
968|
|||**40,559**
**59,421**|
|||**23,845**
**1,260**|
3
## **Oxford Sea Cadets T.S Euryalus**
## **Balance Sheet as at 31 March 2023**
|**Fixed assets**
M & G Investments
Increase/Decrease in Investments
**Current assets**
Cash at bank and in hand
Cash at bank - Reserves
Debtors
**Net current assets**
**Creditors: amounts falling due after more**
**than one year**
Uniform Deposits
**Net assets**
**Capital and reserves**
P and L Account
Retained Profit and Undistributed Reserves
Training Fund
Building Fund
Revaluation Reserve
**Total Capital and Reserves**
Creditors|**2023**
**£**
103,739
(4,731)
99,008
1,789
20,649
1,891
24,328
123,336
785
121,753
23,845
20,881
30,000
40,000
7,027
121,753
798|**2022**
**£**
68,730
5,009|
|---|---|---|
|||73,739
7,137
20,096
2,266|
|||29,499
103,238
600|
|||102,638|
|||1,260
49,620
30,000
10,000
11,758|
|||102,638|
4
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report Report to the trustees/** Charity Name **members of** Oxford Sea Cadets T.S Euryalus **On accounts for the year** 2023 **Charity no** 293839 **ended (if any) Set out on pages** 1-6 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/03/2023 Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did 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.
**Signed: Date:** 20/10/2023 **Name:** Joanne Warren **Relevant professional** MAAT **qualification(s) or body (if any): Address:** JMW Accounting 35 Hyperion Lane, Brackley NN13 6FU
**Oct 2018**
1
**IER**
**Section B**
## **Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**Oct 2018**
2
**IER**