Charity Number 303130
KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
ANNUAL REPORT
31 MARCH 2024
Page l of 17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2024
The Trustees present their report and the financial statements of Kingston and District Unit 20
Sea Cadet Corps forthe year ended 31 March 2024.
of the
REFERENCE AND ADMINISTRATIVE DETAILS
The Trustees who have held office since 1 April 2023 are as follows:
Conve
ancin
T stees
Mr Tony Anstee
Mr Edward Bentall
Mr Rowan Cole
Mr Alan Skinner
Life President
Chairman
Unit Mana
Trustees
Mr David Ansell (died 5 February, 2024)
Mr David Brock
Mr James Duffy
Mr Tim Hope-vvynne
Mr Kelth Lemon (appointed 2 October. 2023)
Mr Peter Mould
Chairman
Ms Karin Rattray (appointed 2 August 2023)
ement Team
UM
The principal address of the charity is T.S.Steadfast, Thameside, Kingston upon Thames, Surrey Fff1
1 PX. The address of Mr Rowan Cole, the charity coffespondent of the Trustees. is Pyne House,, Ditton
Grange Drive, Long Ditton, Surbiton, Surrey Kf6 5HG.
The charity is wistered under charity number 303130.
The Trustees have made the following professional appointments:
Solicitor
Moore Barlow, The Oriel. Sydenham Road, Guildford
Surrey GU13SR
Treasurer.
Mr James Duffy, 47 Bazalgette Gardens, New Malden, Surrey l(r3 5HF
Accountant .
Mr Clive Barger, MAAT, 12 Hartley Way, Purley, Surrey. CR8 4EG
Independent Examiner. Mr Raymond Barger, 43 Erpingham Road, Putney. London, SW15 1 BP
Bankers:
CAF Bank Limited, 25 Kings Hill Avenue, lfjngs Hill. Vvest Malling,
Kent ME19 4JQ
The day-to-day responsibiltty for the running of the Sea Cadet Unit rests with the elected Unit
Management Team CUMTI comprising the following members:
Mr Peter Moukl- Chaimian
Mr David Ansell - Deputy Chaimian
Mr David Brock
Mr James Duffy- Treasurer
Mr Tim Hope-vvynne
Ms Karin Rattray
Mr Keith Lemon
Page
of 17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES. ANNUAL REPORT
for the year ended 31 March 2024
FINANCIAL REVIEW
Review of the results for the year
Results overview
Income
2024
2023
Misc. income
25,454
22,609
Less:_
Operdting costs
Surplus/ (Deficit) for year
Gainl(Loss) on COIF
Investment
Net surplus/(Deficit) for year 15 275
34 892
44511
(9,438)
24 713
121,902)
2385
24 287
The unit made an operating loss in the year of £ 9,438 {2023 £ 21,902) to which the gain on thp COIF
investment fvnd of £24,713 (2023 - loss of £2,385) was added making an overall surplus for th'e year
of £15,275 (2023 - deficit of£24,287).
Overall operating costs during the year fell by £9,619 largely due to savings in cadet direct
expenditure as a resutt of the introduction by CO Luke Ball of new and more efficient processe$ and
procedures following his appointment in August, 2023.
Donated subscription income increased by £1,476 over the previous year as a result of a decision
taken by CO Luke Ball to increase the rate of subscription from £13 per month1£156 pa to £18 per
month1£216 pa.
Ca
ital Ex
enditure
There was no capital expenditu￿ during the year {2023- £1,718) within the definition set out in the
notes to the accounts on page 13.
Reserves Polic
It Ès the policy of the Trustees to maintain sufficient reserves to enable the charity to continue to provide
services to young people in accordance wtth the objectives of the charTty and to maintain the fabric,
equipment and services of the building to a high standard. For the above reasons, the Trustees t¥elieve
that the reserves held by the charity are not excessive and are likely to be required in the future.
Investments Policy
It is the policy of the Tnjstees to minimise financial risk and to maintain funds either in casb or in
investments which can be easity and inexpensively realised.
i•
Internal Control
The Trustees believe th* the continual focus on costs is essential rf the charity is to maintain an
adequate level of reserrfes to meet the ever-changing financial challenges presented by dimate change,
ever increasing legislation. the educational needs of the cadets and the costs of maintaining t1￿ unit
building to a high standard.
Page 7 of17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
UMT CHAIRMAN'S REPORT
for the year ended 31 March 2024
IN MEMORIAM
UMT Vice Chairman- David Ansell
After a long and protracted illness, our Vice Chairman Dave Ansell died of pancreatic can￿r i
February 24.
As a character and working member of Unit Management Team (UMT) Dave is sorely missed.
As a Marine Cadet, member of Staff and subsequently a member ofthe ufvff. his 45 years+ seNice
to Steadfast was invaluable. Over those years, his skill and dedications saved us thousands o
pounds.
The Units Staff, Cadets and all UMT Members attended Dave's fvneral. as did representatives from
the Corps and our'chummy, Units.
Petty Officer- Phil Webb
Phil was a big man physically and he had a powerful presence. He was however brflliant with the
cadets. Large an(1 imposing as he was, he always had a way of telling cadets what to do and how to
do tt, without imposing his stature. I wttnessed the respect he had from the cadets and I saw him
control large parties of cadets without formal drill and lots of shoutlng.
Phil was a professional driver and body guard but whenever he was available, he volunteered to drive
cadets to and from events in hired vehicles.
He died in hospital soon after a heart attack in October 2023 and many members of the UMT, unit
Staff and several senior cadets attended his funeral.
GENERAL
UMT Wice Chaimian- David Ansell (in memorium)
After a long and protracted illness, our Vice Chairman Dave Ansell died of pancreatic cancer in
February 24.
As a character and working member of Unit Management Team (UNffj Dave is sorety missed.
As a Marine Cadet, member of staff and subsequentty a member ofthe UKff, his 45 yeaT5+ service to
Steadfast was invaluable. Over those years, his skill and dedication saved us thousands of pounds.
The Units Staff, Cadets and all UMT Member5 attended Dave's fvneral, as did representatives from
the Corps and our'chummy, Unts.
UMT Responsibilities
In addition to Ihe Team's. general and regular communications, each member of the UMT has
accepted specific responsibilities.
These are-
Peter Mould (Chaimian)
Day-to-day liaison with the Commanding Officer.
AII UMT communications with Sea Cadet HQ arKVor London Area Office.
Monitoring of all insurances and maintenance1servl￿ (x)ntracts.
Communicating an(Yor discussing all important mattersfssues to the UMT members.
Tim Hope-wynne (Secretary)
Recording and publishing the Noteslminutes of all UMT meetings
David Brock (ex- Chairman)
Legal advice
Insurance policies
Jim Duffy
Monitoring of financial dectsions/expenditure
Gangway - Staff & Cadets super•4ision
Page 8 of 17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
CHAIRMANS. ANNUAL REPORT
for the year ended 31 March 2024
Karln Ra.ttray
UMT fund raising planning & support
Keith Lemon
General maintenance. Clothing Store management, Transport advisor
Command
Sub Lt N. Short resigned from her role as Commanding Officer in May 2023. Her family memtsrs,
who were also Staff member, followed suit.
I therefore sougm help from the Area Officer who immediately charged the District Officer (DO
Lt. Cdr. Mark Purcell - with the task of co-ordinating District & Area assistance to ensure that
Steadfast continued to operate as an effjcient cadet training unit.
The DO soon arranged for himself to be appointed Temp Commanding Officer and, having co-opted
assistance mainly from Wandsworth Unit, Steadfast immediately began to rebuild.
Wrthin two months, Lt. Cdr Purcell had produced a shortlist of candidates volunteering to assume
Command of Steadfast, our cadet numbers were retained and the level of organised training had
been increased.
All that assistance from the Area & District (mainly from Wandsworth & Chiswick Units) proved both
vital and successful for Steadfast.
During the summer of2023,1 and other members ofthe UMT met with two of the 'volunteer I
candidates, for Commanding Officers. After a second interview. we selected PO Luke Ball, who was
then the Executive Officer of Chiswick Unit from which he was tranSfe￿d to Kingston to assume
Command in August 23.
Petty Officer Ball's performance since August 23 has impressed us all. He is continually introducing
new ideas and updating the Units 0[￿rational methods.
ACHIEVEMENTS & PERFORMANCE
The Commanding offi￿¢S Report provides detail on specific cadet achievements since Aug23.
However. it is clear to the UMT that the excellent work done by the DO and Staff from Wandsworth
Unit during May to August 23 plus that subsequently introduced by PO Ball - has stabilised
Steadfast's training programme. the cadet's involvement, enjoyment and advancements (promotions).
IMPROVEMENTS
Water Heater
In February 23 our gas-fired hot water heater burst and was effectively obsolete. That unit had
provided the hot waterto all the toilets, showers, the Galley and Wardroom. We then had to produce
hot water via electric urns and kettles. However. by early April we had selected, installed &
commissioned an electrically powered water heating system. In 2025, we plan to seek fund-matching
support for the supply, installation & commissioning of efficient solar panels on our flat roof to provide
power to the new water heater and possibly some of our lighting.
Transport
wrth the lack of approved hired minibus drivers avaÉlable and our previous in-house problems with the
use of RAKAT (Richmond and Kingston Accessible Transport). we have relied heavily on vehicles
loaned from other Units and Parents driving our teams to & from Cadet activities.
Responding to this issue, the UMT has recently agreed to source and arrange the purchase of our
own minibus. To do so, we have created a sub-committee to search for a suitable vehicle. At the
same time, I will seek Sea Cadet HQ advice and assistance with funding the purchase.
COSTS & INCOME
The Accountant's Financial statements within this Annual Report show that during the financial year
2023124, we operated wtthin our operation tatYJet of spending only our 'eamed income, plus the
interest from our investments. We actually achieved a surplus - which rf continued. will help to
Page 9 of17

balance the increased expenditure in recent years. This will be an ongoing objective for the UMT to
achieve.
I must take this opportunity to forn￿lIy record my appreciation of all the work the Unit Staff, th
members and the Conveyancing Trustees do throughout every year. In particular, I thank our
President. Edward Bentall for his long-temi support of T.S. Steadfast.
This Report was approved by the UMT on 12 October 2024 and was signed on their behalf by the
Chalman.
UMT
rfe
. UMT Chairman - 12 0(*ober 2024
Peter Mould
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGSTON AND DISTRICT UNIT
203 OF THE SEA CADET CORPS
I report on the accounts of Kingston and District Unit 203 of The Sea Cadet Corps for the yea
31 March 2024. which are set out on pages 11 to 17.
Respective responsibilities of trustees and examiner
The charTty's Trustees are responsible for the preparation of the accounts. The charity's Trustees
consider that an audlt is not required for this year under section 144(2) of the Charities Act 2011 (the
2011 Act) and that an independent examination is needed.
ended
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity
Commission under section 145 (5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of independent examinevs report
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination indudes a review of the accounting records kept by the charity, and a
comparison of the accounts presented with those reCO￿S. It also includes consideration of any upusual
items or disclosures in the accounts, and seeking explanations from you as trustees concerning any
such rnatte￿. The proCedU￿S undertaken do not provide all the evidence that would be required in an
audit, and consequently no opinion is given as to whether the accounts present a Yrue and fair view.
and the report Is Ilmited to those matters set out In the statement below.
Independent examiner's statement
In connection with my examination. no matter has come to my attention:
(1)
which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare
accounts which accord with the accounting records and comply with the accounting
requirements of the 2011 Act
have not been met: or
(2)
to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached............... .....................
Raymond Barger
Putney, London, SW15 1 BQ
Date: 12 O¢ober
Page 10 of 17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
INCOME & EXPENDITURE ACCOUNT (Statement of Financial Activities (SOFA)
for the year ended 31 March 2024
Unrestricted Restricted Total
Funds
Funds
2024
Totsl
2023
Notes
INCOME
Charitable activities
Fund raising - Canbury Gardens project
Donations, unifomi sales, deposits and Gift Aid
Rental income
Parking space rental
Bank interest
1,050
17.328
5,980
1,125
149
1,050
17.328
5.980
1.125 ,
149
1.100
13.572
6,000
1,500
66
25,632
Investment income
Gain/(deficit) on sale of investment
25.632
22,238
(178)
(178)
371
TOTAL INCOME
25,454
25,45411 22,609
EXPENDITURE
Charltable activities
Cadet direct costs
Unit building repairs, maintenance and
safety costs
General services
Depreciation
Bank charges
1,539
1,539
7,717
3,315
26,805
3,173
60
3,315
26,805
3,673
120
2,242
26.549
7.822
181
500
60
TOTAL EXPENDITURE
34,892
560
35,452 11 44,511
NET INCOMEI(EXPENDITURE) BEFORE
GAINSI{LOSSES) ON INVESTMENTS
Gain/(Loss) on revaluation of investments
NET MOVEMENT IN FUNDS FOR YEAR
FUND BALANCES BROUGHT FORWARD
AT 1 APRIL 2023
(9.438)
24,713
(560) (9,998) (21.902)
24.713
(2,385)
(560) 14,715 (24,287)
15,275
221,179
725 221,904 246,191
FUND BALANCES CARRIED FORWARD
AT 31 MARCH 2024
236,454
165 236,619 221.904
Page 11 of17 |

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
BALqNCE SHEET
31 March, 2024
Unrestricted Restricted Totsl
Funds
Funds
2024
Total
2023
Notes
FIXED ASSETS
Tangible assets
Investment
6,097
224,458
6,097
9,770
224,458 209,923
230,555
230,555 219,693
CURRENT ASSETS
Debtors and prepayments
Cash at bank and in hand
3,381
5,217
3,381
5.382
2.056
8.310
165
8,598
165
8,763
10,366
CURRENT LIABILITIES
Creditors: amounts falling due within one
Car parking rental received in advance
2,699
2,699
7,030
1,125
8.155
2,699
2.699
NET CURRENT ASSETS
5.899
165
6,064
2,211
TOTAL NET ASSETS
236,454
165 236,619 221,904
THE FUNDS OF THE CHARITY
Restricted income funds
Parents and supporters fund
Galley equipment fund
165
165
225
500
165
165
725
Unrestrlcted income funds
General Fund
146.454
90,000
146.454 131.179
90,000: 90,000
Building repairs fund
236.454
236.454, 221.179
TOTAL CH￿RITy FUNDS
236,454
165 236,6191 221,904
The financial statements on pages 11 to 17 were approved by the Trustees and authorised for
issue on 12 October 2024 and are signed on their behalf by .
Peter Mould
Page 12 of 1

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
Unrestricted RestrictEd Total
Funds
Funds
2024
Total
2023
1. INCOME
Miscellaneous activitles
Fund raising event - Canbury Gardens
1.050
1,050
1,100
2. EXPENDITURE
Cadet direct costs
Unlfomis and badges
Unifomi deposits repaid to parents
Training courses
Training materials and aids
Transport
Welfare health and safety
Boat fuel
95
685
95
1.462
665
109
618
' 2,508
335
141
496
141
496
10
Boat repairs
EquFpment additions and replacements
Staff training
MSSC affiliation fees
Miscellaneous event costs
300
190
160
100
(635)
1,539
300
190
160
100
(635)
1,539
469
720
100
721
TOTAL
7,717
Unit building repalrs, maintenance and safety
checks
Miscellaneous repairs, renewals and maintenance
Equipment additions and replacements
Maintenance of:
Fire extinguishers
Fire alarm and emergency lighting
Intruder alarm for amioury
Boiler and heating system
Maintenance of foreshore
572
94
572
94
500
107
795
234
795
234
,1,006
466
150
1,620
1.620
13
TOTAL
3.315
3,315
2,242
Page 14 of 17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
Unrestricted Restricted Total
Funds
Funds
2024
Total
2023
General Servlces
Insurance
Telephone
Staff travel and subsistence
staff car parking costs
Cleaning materials
Gas supply
Electricity supply
Rates
IT support and maintenance
Intemet
Zoom subscription
Stationery, printing and postage
Legal advice
Accountancy charges
Rakat membership fee
Wreaths
5,675
173
5,675
173
4,33¥
174
1,364
46
12
129
5.471
3,978
1,129
83
144
16
439
4,581
4,320
50
160
12
129
5,471
3,978
1,129
83
144
16
439
4,581
4,320
50
160
5.72
4,45
1,75
29
14
22
76
3,16
3,60
TOTAL
26,805
26,805 26,549
Depreciation
Boats
IT Equipment
- Officelcadet equipment
Galley storage facilities
564
487
1,748
374
564
487
1,748
874
1,31
487
1,72
4,29
500
TOTAL
3,173
3.673
7,822
3. TRUSTEE'S REMUNERATION AND EXPENSES
None of the Trustees or members of the UMT received any remuneration for their services.
( Mr Clive Barger receives a contribution towards the accountancy service he provides of
£4,320 pa (2023 - £3600 pa) . He is not a Trustee.)
Page 15 of 17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
TANGIBLE FIXED ASSETS
storage
facilities
Boats
Officelcadet
Equipment
IT equipment
Total
COST
1 April 2023
Additions
42.452 19,148
13,695
4,290
79.585
31 March 2024
42,452
19,148
13,695
4,290
79.585
DEPRECIATION
1 April 2023
Charge for the year
41,578 17,748
874
564
8,035
1,748
69,815
3.673
487
31 March 2024
42,452
18,312
9.783
2.941
73,488
NET BOOK VALUE
31 March 2024
836
3,912
1,349
6,097
31 March 2023
874
1.400
5,660
1,836
9,770
5. INVESTMENT
COIF investment managed by the CCLA
2024
2023
Investment listed on a recognlsed stock exchange in the
UK at market value - 1 April 2023
209,923 221,937
Cost of investment units purchased
Sale proceeds from investment units sold
(10,000) (10,000)
199,923 211,931
24,713
(2.385)
371
Unrealised gainl(loss)
Gainl(loss) on sale of units
(178)
Valuation - 31 March 2024
224.458 209,923
Page 16 of 17

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
2024
2023
6. DEBTORS AND PREPAYMENTS
Prepaid insurance
Gift Aid- 2021122
809
809
Gift Aid - 2022123
1,080
1,247
245
Potential grant for installation of gallery lockers
Miscellaneous debtors
,247
3.381
2,056
7. LIABILITIES
Creditors - Amounts falling due wlthin one year
Provision for refunds of uniform deposits
Miscellaneous accruals
1,200
1,499
1,200
5,830
2,699
t,030
8.THE RESTRICTED FUNDS OF THE CHARITf
1 April 2023
Income
Restricted Income Funds
Expenditure 31 March, 2024
Parents and Supporters fund (note 1)
Galley Equipment fund (note 2)
225
(60)
(500)
165
500
725
(560)
1165
Notes
1. This money was raised by parents and supporters in order to finance specific projects for
the benefrt of the cadets as determined by the UMT.
2. This fund represents an MSSC donation of £5000 towards the cost of refurbishing the
galley which has been released over 10 years in line with the depreciation charge of the
underlying assets.
9. RELATED PARTY TRANSACTIONS
During the financial year, there were no sea cadets who were the children of Trustees or
otherwise related to Trustees .
Page 17 of 17