Charity Number: 303130
KINGSTON & DISTRICT UNIT 203 OF THE SEA CADETS CORPS
ANNUAL REPORT
31 MARCH 2025
Page 1 of18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
ANNUAL REPORT
for the year ended 31 March 2025
TABLE OF CONTENTS
Pages
Trustees, and UMT Chairman's Annual Reports
3to9
Independent Examiner's Report
10
Financial Statements
11 to17
AppendFX 1
Commanding Officer's report
18
Page 2 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2025
The Trustees present their report and the financial statements for Kingston and District Unit 203 of the
Sea Cadet Corps {also known as T.S.Steadfast) for the year ended 31 March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Mr Edward Bentall - Life President
The Trustees who have held office since 1 April 2024 are as follows=
Conve
ancin
Trustees
Mr Tony Anstee- retired 15.09.25
Mr Edward Bentall - retired 15.09.25
Mr Rowan Cole - retired 15.09.25
Mr Alan Skinner - retired 15.09.25
Unit Mana
Trustees
Mr David Brock
Mr James Duffy
Mr Tim Hope-wynne
Mr Keith Lemon
Mr Peter Mould
Ms Karin Rattray
ement Team
UMT
Chairman
The principal address of the charity is T.S. Steadfast SCC, Thameside, Kingston upon Thames,
Surrey KT1 1 PX.
Chari
contact
The charity contact is Mr Peter Mould, 16 Vincent Road, Selsey, Chichester, P020 gDQ.
The charity is registered under chartty number 303130.
The Trustees have made the following professional appointments:
Treasurer:
Mr James Duffy, 47 Bazalgette Gardens, New Malden, Surrey KT3 5HF
Accountant .
Mr Clive Barger, MAAT, 12 Hartley Way, Purfey, Surrey. CR8 4EG
Independent Examiner Mr Raymond Barger, 43 Erpingham Road, Putney, London, SW15 1 BQ
Bankers:
CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling,
Kent ME19 4JQ
The day-to-day responsibility for the running of the Sea Cadet Unit rests with the elected Unit
Management Team ("UMT") comprising the following members:
Mr Peter Mould- Chaimian
Mr David Brock
Mr James Duffy- TreasurerNice Chairman
Mr Tim Hope-wynne
Ms Karin Rattray
Mr Keith Lemon
Page 3 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Status and History
Kingston and District Unit 203 of the Sea Cadet Corps (known as "TS Steadfast Sea Cadet Corps")
was originally started in 1909 by local Kingston worthies. A Trust Deed dated 5 March 1917 has
governed the Trustees ever Sin￿ and created among other things the requirement to appoint three
"Conveyancing Trustees" from the existing Trustees, who would perform certain duties on behalf of all
the Trustees. In practice, this confers the responsibility when buying and sellÉng land and being
responsible for any building in terms of lettings and upkeep. Registration of the charity took place on 1
August 1961.
The area of responsibility of the Trustees changed when the organisation became a member of the
,newly formed Sea Cadet Corps in 1942. The Royal Navy created this organisation and instruction
manuals were published which all Units were obliged to follow. Support was forthcoming by way of
the provision of uniforms, equipment, travel and training. As a result, the role of the Trustees from
that time has been to act as guardians of the propety and to be generally supportive of the UMT set
up in accordance with the Sea Cadet Corps standing orders. Trustees are elected annually.
In 2025, the structure has been changed. The charity's propety interests are no longer held in the
name of certain individual trustees. Thameside Trustees Limited, a company limited by guarantee and
controlled by the trustees, now holds the property interests permanently on behalf of the charity'and
this saves the costs incurred when a trustee retires or dies.
In practical terms, this means that Thameside Trustees Limited is now the Corporate Trustee of the
charity.
The members of the Unit Management Team of the charity are also the Directors of Thameside
Trustees Limited which is a dormant non-trading company.
Principal Activity
The princrpal activÉty of the charity is to help young people towards responsible adulthood by
encouraging valuable personal attributes and high standards of conduct, using a nautical theme
based on the customs of the Royal Navy. The governing document of the Trustees is the Trust Deed
dated 5 March 1917. The registered charity is governed by the Sea Cadet Regulations.
Organisational Structure
The principal responsibility of the Trustees is the provision of a suitable headquarters and its
maintenance. The running costs of the Unit are being met from funds raised from Sea Cadet Unit
activities and from existing resources. The Trustees meet three or four times each year and the
adequacy of funds is kept under close review.
All decisions reserved to the Trustees are taken by the Board of Trustees as a whole.
Day to day management lies with the Finance and General Team (FGT) together with the
Commanding Officer. The FGT comprises the following Trustees:
Mr Peter Mould
Mr David Brock
Mr Tim Hope-INynne
Mr James Duffy
All decisions made by the FGT are ratified at the next UMT meeting
Page 4 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2025
Method of Recruitment, Appointment, Election, Induction and Training of Trustees
The Trustees regularly review the mix of skills required to support the activities of the charity and to
maintain its headquarters, boats and equipment. New Trustees are sought etther as additional
Trustees or replacements when existing Trustees stand down.
The Unit's Management Team (UMT) meet with the potential new Trustees to review the skills and
suitability of the Trustee candidates to serve as Trustees of the charrty. If the Board assesses the
new Trustee candidate as suitable, then, following the receipt of satisfactory references and checks,
the person is invited to become a Trustee. Following his or her appointment, the Trustees will ensure
that the new Trustee receives adequate training in his or her new role and responsibilities.
Risk and Corporate Governance Matters
The Trustees regularly assess the major risks to which the charity is exposed.
The Commanding Officer, supported by the UMT, is responsible for the safety and welfare of the
cadets within their care. The Marine Society & Sea Cadets (MSSC) carries out checks on the
suitability and background of afi members of staff. Insurance arrangements are in place to cover the
likely cost of any potential claims.
Trustees, Responsibilities in the Preparation of Financial Statements
The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements
in accordance wÈth applicable law and regulations.
The provisions of charity law require the Trustees to prepare financial statements for each financial
year. Under that law, the Trustees have elected to prepare the financial statements in accordance
wrth United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards
and applicable law). The financial statements are required by law to give a true and fair view of the
state of affairs of the charity as at the balance sheet date and of the income and expenditure for that
period. In preparing those financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the applicable Charities SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards have been followed, subject to any material
departures that must be disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue on that basis.
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable
accuracy at any time the financial position of the charity, and to enable them to ensure that the
financial statements comply with the requirements of the Charities Act 2011. They are also
responsible for safeguarding the assets of the charity, and hence for taking reasonable steps for the
prevention and detectron of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the financial information included
on the charity's website in accordance with legislation in the United Kingdom governing the
preparation and dissemFnation of financial statements.
Page 5 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2025
Independent Examiner
Mr Raymond Barger has agreed to act as Independent Examiner for the year ended 31 March, 2025.
Statement as to Disclosure of Information to the Independent Examiner
The Trustees at the date of approval of this Annual Report confirm that, so far as each of them is
aware, there is no relevant accounting information of which the charity's Independent Examiner is
unaware, and the Trustees have taken all steps that they ought to have taken to make themselves
aware of any relevant accounting information and to establish that the Independent Examiner is
aware of that information.
OBJECTIVES, PUBLIC BENEFIT AND ACTIVITIES
Charitable Objectives and Public Benefit
The charitable objective for which the charity was established is to help young people towards
responsible adulthood by encouraging valuable personal attributes and high standards of conduct,
using a nautical theme based on the customs and methods of the Royal Navy.
The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to
have due regard to the guidance published by the Charity Commission regarding public benefit
reporting. The Trustees believe that the activities undertaken by the charity as detailed below
constitute the proper provision of public benefit to those young people who avail themselves of the
opportunities which are offered. The suggested monthly donation of £18 means that the activities and
facilities offered by the unit should be within the financial means of virtually all the enrolled cadets.
Charitable Activities
In order to help it to meet its charitable objectives, the charity provides training in sailing, rowing,
seamanship, navÈgation, drlll and related skills to young people in Surrey. It also trains young people
to carry out military duties in connection with Remembrance Sunday and similar formal parade
occasions.
Relationships with Related Parties
Trustees with children who are Sea Cadets or Royal Marine Cadets have the same relationship with
the charity as parents who are not Trustees.
Mr Edward Bentall and Mr. Tony Anstee are Trustees of The Rowan Bentall Charitable Trust and both
make donations to the charity.
Both Mr Bentall and Mr Anstee resigned as Conveyancing Trustees on 15th September, 2025.
Page 6 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2025
FINANCIAL REVIEW
Review of the results for the year
Results overview
2025
2024
Income
36,212
25 454
Misc. income
Less:.
Operating costs
Surplusl (Deficit) for year
Gainl(Loss) on COIF
Investment
Net surplusl{Deficit) for year
The unit made an operating loss in the year of £8,266 to which the loss on the COIF investment fund
of £4,467 was added making an overall loss for the year of £12,733.
44 478
34 892
(8,266)
4467
(9,438)
24 713
12 733
15 275
Overall operating costs during the year increased by £9,586 due mainly to substantial investment as
follows
Water heater
Replacement pontoon landing stage
£3,839
£2,580
ital Ex
enditure
Capital expenditure on kayaks and office equipment during the year amounted to £1,075 (2024 -
nil)
Reserves Polic
It is the policy of the Trustees to maintain sufficient reserves to enable the charity to continue to provide
services to young people in accordance with the objectives of the charity and to maintain the fabric,
equipment and services of the building to a high standard. For the above reasons, the Trustees believe
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 Trustees to minimise financial risk and to maintain funds either in cash or in
investments which can be easily and inexpensively realised.
Internal Control
The Trustees believe that the continual focus on costs is essential if the charity is to rnaintain an
adequate level of reserves to meet the ever-changtng financial challenges presented by climate change,
ever increasing legislation, the educational needs of the cadets and the costs of maintaining the unlt
building to a high standard.
Page 7 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2025
UMT CHAIRMAN'S REPORT
GENERAL
In addition to the Team's" general and regular communications, each member of the UMT continues
to accept and manage specific responsibilities.
These are -
Peter Mould (Chairman)
Day-to-day liaison with the Commanding Officer.
AII UMT communications with Sea Cadet HQ andlor London Area Office.
Monitoring of all insurances and maintenancelservice contracts.
Communicating andlor discussing all important matterslissues with 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
VI￿ Chairman (deputising for the Chairman in his absence and for peer review of
issues)
Monitoring of financial decisionslexpenditure
Gangway - Staff & Cadets supervision
Keith Lemon
Unit Stores Manager
General maintenance
Unit transport advisor etc..
Karin Rattray
UMT fund raising planning & support
COMMAND
Throughout 2024-25, our Oic (Officer in Charge) - Pety Officer L. Ball - continued to design and
oversee the Units cadets training programme with a limited number of staff during that period. The
shortage of reliable, quaIified and experienced staff clearly limited the effecttveness of that
programme but the Oic, somehow, managed to retain the cadet numbers, their interest and
eagerness.
ACHIEVEMENTS & PERFORMANCE
The Commanding Officerfs Report provides detail on specific cadet achievements since April 2024.
However, it is clear that there is a real need for more capable & qualified staff.
Several of our cadets achieved promotion during this period but the target of 'at least one promotion
(in rank) per cadet per year, was not achievable because of that shortage.
IMPROVEMENTS
Pontoons
The Oic identified an opportunity to purchase and deliver four second-hand pontoons. Having gained
UMT approval; for the purchase, these were launched and moored on the outboard side of our
mooring piles. Once the existing low-level, floating plastic walkways were moved and all our Trinity
and power vessels were moored on the outside of the new larger pontoons (9m x 1.7m), they created
a safe, relatively confined, shallow water training lagoon for our novice cadets.
Page 8 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
TRUSTEES, ANNUAL REPORT
for the year ended 31 March 2025
TRANSPORT
Having last year identified the need to organise and fund the purchase of our own minibus, the UMT
subsequently and reluctantly had to give priority to other projects.
That included, for example, the Sea Cadet Corps requirement to update our armoury to enable
approval for the reintroduction of arms drill with Drill Purpose weapons.
The need for our own transport hasn't ￿aSed to be one of our aims but we have been forced to
reconsider our priorities particularly because of the likely cost projects such as-
Project Arsenal - the requirement to update the Armoury security system plus the installation
of and approved Arms Chest.
Building maintenance including -
replacemenurepair of the roof lights
replacement of the wooden framed windows on the front of our HQ (facing the
Thames)
etc.....--..
COSTS & INCOME
The financial statements within this Annual Report show that, during the financial year 2024125, the
unit did not operate within the operational target of spending only our 'earned income, plus the interest
from our investments. We actually suffered an operational loss of £8,266 (2024 - loss of £9,438). This
will 'hopefully' be balanced by an improved performance of our COIF (investment) fund in the
forthcoming year. The Trustees continue to monitor this situation.
I take this opportunity to formally record my personal appreciation of all the dedication and time our
Oic continues to give to the Unit, the Unit's Training Staff for their continued support plus all the
ongoing work the UMT members and Conveyancing Trustees.
l also thank our Life President, Edward Bentall for his continued support of T.S. Steadfast.
This Report was approved by the UMT on 7 October 2025 and was signed on their behalf by
the Chaiman.
Peter Mould
Page 9 of18

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 DÈstrict Unit 203 of The Sea Cadet Corps for the year ended
31 March 2025, which are set out on pages 11 to 17.
Respective responsibilities of trustees and examiner
The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees
consider that an audit 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.
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 examiner's report
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from you as trustees concerning any
such matters. The procedures undertaken do not provide all the evidence that would be required in an
audrt, and consequently no opinion is given as to whether the accounts present a "true and fair view"
and the report is limited 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 1BQ
Date: 2 October 2025
Page 10 of ly

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
INCOME & EXPENDITURE ACCOUNT (Statement of Financial Activities (SOFA)
for the year ended 31 March 2025
Unrestricted Restricted Total
Funds
Funds
2025
Total
2024
Notes
INCOME
Charitable activities
Grant
Fund raising events
Donations, uniform sales, deposits and Gift Aid
Rental income
Parking space rental
Bank interest
1,494
2,960
17,366
14,132
1,494
2,960
17.366
14,132
1,050
17,328
5,980
1,125
149
137
137
36,089
36,089
25,632
Investment income
Gain/{deficit) on sale of investment
123
123
(178)
TOTAL INCOME
36,212
36,212
25,454
EXPENDITURE
Charitable activities
Cadet direct costs
Unit building repairs, maintenance and
safety costs
General services
Depreciation
Bank charges
3,144
3,144
1,539
12,573
26,260
2,441
60
12,573
26,260
2,441
120
3,315
26,805
3,673
120
60
TOTAL EXPENDITURE
44,478
60
44,538
35,452
NET INCOMEI(EXPENDITURE) BEFORE
GAINSI(LOSSES) ON INVESTMENTS
Gainl(Loss) on revaluation of investments
(8,266)
(4,467)
(60) {8,326) (9,998)
(4,467)
24,713
NET MOVEMENT IN FUNDS FOR YEAR
(12.733)
(60) {12,793)
14,715
FUND BALANCES BROUGHT FORWARD
AT 1 APRIL 2024
236,454
165 236,619 221,904
FUND BALANCES CARRIED FORWARD
AT 31 MARCH 2025
223,721
105 223,826 236,619
Page 11 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
BALANCE SHEET
as at 31 March 2025
Un restricted Restricted
Funds
Funds
Total
2025
Total
2024
Notes
FIXED ASSETS
Tangible assets
Investment
4,730
210,114
4,730
6,097
210,114 224,458
214,844
214,844 230,555
CURRENT ASSETS
Debtors and prepayments
Cash at bank and in hand
4,652
7,342
4,652
7,448
3,381
5,382
106
11,994
106
12,100
8,763
CURRENT LIABILITIES
Creditors: amounts falling due within one year
Car parking rental received in advance
3,118
3,118
2,699
3,118
3,118
2,699
NET CURRENT ASSETS
8,876
106
8,982
6,064
TOTAL NET ASSETS
223,720
106 223,826 236,619
THE FUNDS OF THE CHARITY
Restricted income funds
Parents and supporters fund
Galley equipment fund
106
106
165
106
106
165
Unrestricted income funds
General Fund
133,720
90,000
133,720 146,454
90,000
90,000
Burlding repairs fund
223,720
223,720 236,454
TOTAL CHARiff FUNDS
223,720
106 223.826 236,619
The financial statements on pages 11 to 17 were approved by the Trustees and authorised for
issue on 7 October 2025 and are signed on their behalf by .
Peter Mo
Page 12 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
Financial statements for the year ended 31 March 2025
ACCOUNTING POLICIES
BASIS OF PREPARATION
The financial statements have been prepared under the historical cost convention with
items recognised at cost or transaction value unless otherwise stated in the relevant
note(s) to these financial statements and in accordance with the Statement of
Recommended Practice.: Accounting and reporting by Charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) issued on 16 July 2014 and the Charities Act 2011.
TANGIBLE FIXED ASSETS
The building is owned by Thameside Trustees Limited, a dormant non-trading company
incorporated in 2023 to hold the charity's property interests permanently on behalf of the
charity. Under the lease, no rent is payable but the charity meets all the costs relating to
the building.
The charity owns certain assets such as trophies, camping equipment, band instruments
and office equipment and some craft. In the past, these assets have been written off.
All tangible assets purchased since 2009 (except those that form part of the infrastructure
of the building) that have an expected useful economic life that exceeds one year are
capitalised and classified as fixed assets. These are stated in the accounts at historical
cost less depreciatton.
Depreciation is provided on all such tangible assets on a "straight line" basis at rates
calculated to write off each asset over its expected useful life as follows:
Boats - over 10 years
Equipment - over 5 years
Storage facilities - over 10 years
INCOME
Income from fund raisEng, rental income and investment income is accounted for on an
accruals basis. General donations and similar types of voluntary income are brought into
account when received. Donations for specific purposes are treated as restricted income.
EXPENDITURE
All expenditure is accounted for on an accruals basis and is allocated to one of five groups
of costs: cadet direct costs, unit building and maintenance costs, general services costs,
depreciation and bank charges.
INVESTMENTS
These are included in the BaFance Sheet at market value. Gains or losses on revaluations
or on sales are included in the Income and Expenditure Account (SOFA).
FUND ACCOUNTING
General Fund . this comprises the accumulated annual surpluses ( and deficits ) as set
out in the Income and Expenditure Account which are available for use in pursuing the
general activities of the charty
Designated funds: these are separate funds set up from time to time by the Trustees out
of general funds for specific future purposes or projects.
Restricted funds :these are funds set up out of donations from donors who have
specified conditions as to how they may be used.
Page 13 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025
Unrestricted Restricted
Funds
Funds
Totsl
2025
Total
2024
1. INCOME
Fund raising event
Canbury Gardens
Hampton Court
National Liberal Club
Welsh Harp sailing week end
Paviours Charity
1,050
1,225
530
1,105
100
2,960
1,225
530
1,105
100
2,960
1,050
2. EXPENDITURE
Cadet direct costs
Uniforms and badges
Uniform deposits repaid to parents
Training materials and aids
Gifts to leavers
Welfare health and safety
Boat repairs
Equipment additions and replacements
Miscellaneous event costs
Transport
Event refreshments
Welsh Harp residential training week end
MSSC unit membership fees
MSSC unit contribution fee
Power Boat training charges
Staff training
TOTAL
36
36
95
685
141
302
62
48
30
181
31
871
639
302
62
48
30
181
31
871
639
348
300
190
(635)
496
310
250
36
310
250
36
100
160
1,379
3,144
3,144
Unit building repairs, maintenance and safety
checks
Miscellaneous repairs, renewals and maintenance
Equipment additions and replacements
Maintenance of:
Lift
Fire extinguishers
Fire alarm and emergency lighting
- Gas cooker
Boiler and heating system
Armoury survey fee
Electric water heating boiler
Replacement pontoons
158
480
158
480
572
94
510
1,155
506
603
510
1,155
506
603
795
234
1,620
2,742
3,839
2,580
2,742
3,839
2,580
TOTAL
12,573
12,573
3,315
Page 14 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025
Unrestricted Restricted
Funds
Funds
Total
2025
Total
2024
General Services
Insurance
Telephone
Staff travel and subsistence
Staff car parking costs
Cleaning materials
Gas supply
Electricity supply
Rates
IT support and maintenance
Internet
Zoom subscription
Stattonery, printing and postage
Legal advice
Corporate Trustee costs
Accountancy charges
Rakat membership fee
Wreaths
5,970
174
116
110
36
3,792
5,618
874
5,970
174
116
110
36
3,792
5,618
874
5,675
173
445
12
129
5,471
3,978
1,129
83
144
16
439
4,581
144
144
372
4,687
47
4,320
372
4,687
47
4,320
4,320
50
160
TOTAL
26,260
26,260
26,805
Depreciation
Boats
IT Equipment
Office/cadet equipment
Galley storage facilitFes
565
487
1,389
565
487
1,389
564
487
1,748
874
TOTAL
2,441
2.441
3,673
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 contributlon towards the accountancy service he provides of
£4,320 pa (2024 - £4,320 pa) . He is not a Trustee.)
Page 15 of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025
4. TANGIBLE FIXED ASSETS
Storage
facilities
Boats
Officelcadet
Equipment
IT equipment
Total
COST
1 April 2024
Additions
42,452
19.148
575
13,695
4,290
499
79,585
1,074
31 March 2025
42,452
19,723
13,695
4,789
80,659
DEPRECIATION
1 April 2024
Charge for the year
42,452
18,312
565
9,783
1,389
2,941
487
73,488
2,441
31 March 2025
42,452
18,877
11,172
3,428
75,929
NET BOOK VALUE
31 March 2025
846
2,523
1,361
4,730
31 March 2024
836
3,912
1,349
6,097
5. INVESTMENT
COIF investment managed by the CCLA
2025
2024
Investment listed on a recognised stock exchange in the
UK at market value - 1 April 202412023
224,458
209,923
Cost of investment units purchased
Sale proceeds from investment units sold
(10,000) (10,000)
214,458
199,923
(4,467)
24,713
Unrealised gainl(loss)
Gainl(loss) on sale of units
123
(178)
Valuation - 31 March 202512024
210,114
224,458
Page 16of 18

KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025
2025
2024
6. DEBTORS AND PREPAYMENTS
Prepaid insurance
Gift Atd - 2021122
809
809
Gift Aid - 2022123
1,080
1,080
Gift Aid - 2023124
1,243
Potential grant for installation of gallery lockers
Miscellaneous debtors
1,247
245
1,520
4,652
3,381
7. LIABILITIES
Creditors - Amounts falling due within one year
Provision for refunds of uniform deposits
Miscellaneous accruals
1,200
1,918
1,200
1,499
3,118
2,699
8.THE RESTRICTED FUNDS OF THE CHARITY
1 April 2024
Income
Expenditure 31 March 2025
Restricted Income Funds
Parents and Supporters fund (note 1)
165
(60)
105
Notes
1. This money was raised by parents and supporters in order to finance specific projects for the
benefit of the cadets as determined by the UMT.
9. RELATED PARTY TRANSACTIONS
During the fjnancial year, there were no sea cadets who were the children of Trustees or
otherwise related to Trustees .
Page 17 of 18

Appendix 1
KINGSTON AND DISTRICT UNIT 203 OF THE SEA CADET CORPS (Charity 303130)
COMMANDING OFFICER'S REPORT
May 2025
Overall Perfonnance
The unit has been keeping its level above water, with standards consistently improving
under the command team. Staffing is still the heart of concern and the oveDNhelming need
for more volunteers is evident. ljvhat we don't want is our current team burning out. Cadet
recruitment is still on hold so as to maintain standards and ratios in line with policy. Whilst
juggling pressures behind closed doors, Steadfast suc￿Sses, continuing with its Budgie
rating, are indicating that we meet the cadet experience scoring 76 % overall.
Main section Sea Cadets
Currently no. 30 - Myself being the main character and adapting to the environment we are
still achieving. Our cadets are leaming core knowledge and skills. This being said, we're
now back in from the wet season to focus on what's ahead. One of my focus areas is active
learning and making sure we're engaged in our training program, showing commitment to
achieve promotion and experience.
RMC
Currently no. 7 - Cl Elsdon continues to operate with precision and accuracy with the RMC
achieving two awards this year. The most improved detachment is Lima Company in 2024
Winners of the Zeebrugge Trophy and nominee for the SRMO'S Trophy, a national
award. Showcasing themselves with knowledge and skills to a very high level proven
at Camp and on promotion boards with unbelievable results.
Juniors.
Currently no. 6 - Under the new leadership PO Hayward, our junior division became
younger, with our application being approved for the inclusion of 9 year olds. This has and
will allow us to continue cadet recruitment with longevity in mind.
Allowin
us to celebrate the followin
Multiple suc￿SseS at Area Level and National Level.
We ran 2 very successful unit boat weekends at the Welsh harp at the start of the year.
With over 300 hours of sailing achieved. Adding to this experience every cadet gain either
a stage 1 and 2 RYA qualifications.
We assisted at the Hampton Marathon raising funds for the unit.
Promotions -we have 4 cadets currently on their LC board and one on his Lance Corporal.
Qualifications - Both Blues and Greens have gained a number of qualifjcations, from
waterborne or First aid at work.
Staffin
Would like to make sure that's it's voiced. And a massive thank you to our unit supporters,
Our UMT, Stores offi￿r, Unit Admin and Garfield. These volunteers play a huge role in
keeping our Unit operational.
Other events
Junior weekend residential
Remembrance Sunda
Car
uard x2
Petty Officer (SCC) Luke Ball
Commanding Officer- TS Steadfast
Page 18 of 18