CHARITY COMMISSION
FOR ENGLAND ANO WALES
Trustees, Annual Report for the period
st
From . l April 2020 Perlod start date To: 31st March 2021 Period end date
Charity name: Wandsworth Chelsea and Fulham Unit 278 of the Sea Cadet Corps
Charity registration number: 303283
Objectives and Activities
SORP reference
Summaryofthe purposes of
the charity as set out in its
governing document
Para 1.17
The charltable purpose of the Unit (the Purposel
15 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 & Sea Cadets.
Summary of the main activities
in relation to those purposes
for the public benefit, in
particular, the activities,
projects or services identified in
the accounts.
Para 1.17 and 1.19
We offer young people a strurtured
environment in which to develop
We provide access to education and training
includlng but not restricted to: sailing linshore
and offshore), paddle sports, power boating,
seamanship, navigation, marine engineering,
cooking, music, first aid, piping and publit
services.
We provide opportunities for young people to
obtain a range of qualifications as well as
opportunities for ¢ommunity involvement.
Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit
Para 1.18
In carrying out the charitable purpose the Unit
and Trustees have regard to the aim and values
of the Sea Cadet Corps and the guidance issued
by the Charity Commission on public benefit.
Additional informatlon loptlonall
You may choose to include further statements where relevant about:
SORP reference
Policy on grant making
Para 1.38
N/R

Policy on social investment
including program related
investment
Para 1.38
NIR
Contribution made by
volunteers
Pap 1.38
All the charities functlons are carried out by
volunteers. There are no salaried staff.
Other
Achievements and Performance
SORP reference
Summary ofthe 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
The majority of WSC cadets are resident in
Wandsworth and represent a soci?1 mix with two
cadets at present under social care orders; two
others with a Statement of Special Educational
Needs and one with a physical disability. Cadets
learn and compete in boat handling, canoeing &
sailin& navigation, meteorology & marine
engineering. They take on the Naval values of
respect, self-discipline, integrity and
commitment, and learn life skills in motivation.
communication, teamwork and leadership.
Cadets gain internal and external qualifications.
Since 2013 WSC cadets have gained 75
internationally-recognised accreditations from
the RYA and BCU as well as DofE Awards. 17
cadets are currently working towards BTEC Level
l and 2 qualifications. WSC has a small bursary
fund to ensure that no cadet from a
disadvantaged background need miss out on
courses or qualifications for financial reasons.
Additional information loptlonall
You may choose to include further statements where relevant about..
Achievement5 against
Para 1.41
objectives set
Performance of fundraising
activities against objectives set
Para 1.41
Investment performance
against objectives
Pira 1.41
Other

Financial Review
Review of the charity's financial
position at the end of the
period
Para 1.21
The ¢harlty showed a surplus for the year of
£26,141 which increased our free reserves to
£57,350 plus re5trirted reserves of £20,000.
Staternent explaining the policy
for holding resetves stating whv
they are held
P3r3 1.22
Our reserves are the accumulated net income of
the tharity since inception which has included
legacies and other donations. They provide a
f inancial buffer against both expected
| unexpected costs.
Amount of reserves held
Para 1.22
£77,350 of which £20,000 are restricted.
Reasons for holding Zero
reseryes
Par¥ 1.22
NIA
Details of fund materially in
deficit
Para 1.24
NIA
Explanation of any
untertainties about the charity
continuing as a going concern
Para 1.23
The biggest financial risk to the charity is an
unsustainable rent rise by our landlords
Wandsworth Council.
Additional information (optionall
You may choose to include further statements where relevant about..
The charirfs principal sources
of funds lincluding any
fundraising)
Para 1.47
House to house and street collections durin8
Flag Week. Selling second-hand book5. Jumble
sales and fairs. Cadet subscriptions. Ad-hoq
donations and legacies.
Investment policy and
objectives including any social
investment policy adopted
Para 1.46
All reserve5 are held on short-term deposits with
major financial institutions and covered by the
FSCS compensation scheme.
A description of the principal
risks facing the charity
Para 1.46
The main risk to the Unit's future is the removal
of 5ub5idie5 we previously received from
Wandsworth youth services and the large rent
rise being proposed by Wandsworth Council.
Other

Structure, Governance and Management
Description of charity's trusts..
Type of governing document
Para 1.25
Trust deed.
How is the charity constituted?
P3r3 1.25
Un-lncorporated association.
Trustee selection methods
including detai15 of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to
appoint one or more trustees
ElectedlRe-elected at AGM.
Additional information loptionall
You may ch005e to include further statements where relevant about..
Policies and procedures
Para 1.51
Trustees have to attend an onboarding course
adopted for the inductlon and
run by the Marine Society on safeguarding
training of trustees
within a set period of joining.
The charitls organisational
structure and any wider
network with which the charity
works
Para 1.51
The charity is affiliated to the Marine Society
and Sea Cadets, a national charity.
Relationship with any related
parties
Para 1.51
Other
Reference and Administrative details
Charity name
Wandsworth Chelsea and Fulham Unit 278 of the Sea Cadet Corps
Other name the charity uses
Wandsworth Sea Cadets
Registered charity number
303283
Charivs principal address
Ashlone Buildings
Putney Embankment
London
SW15 ILB

Names of the charity trustees who manage the charity
Trustee name
Offleé Ill artyl
Oates arted il not lor whole yea
Name of person lor body) entitled to
appoint trustee lif anyl
Liv Gussing
Philip Forre5ter
Peter Ainsworth
Chair
Treasurer
Secretary
Trustee
Henry Fowkes
io
Corporate trustees~ name5 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 narne
Dates atted if not lor whole year
NIA
Funds held as custodian trustees on behalf of others
Description of the assets held in
this capacity
None.
Name and objects of the charity
on whose behalf the asset5 are
held and how this falls within
the custodian charlty's objects
Details of arrangements for
safe custody and segregation of
such assets from the chariVs
own assets

Additional information (optional)
Name5 and addresses of advlsers (Optlonal information)
Type of athiiser
Name
Address
Name of chlef executive or name5 of senior staff members Ioptlonal information)
Exemptions from disclosure
Reason for non-disclosure of key per60nnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the tharivs trustees
Signaturelsl
Full narne{s1
Position
LIVGUSSING
PHILIP FORRESTER
CHAIR
TREASURER
Date
221912021
22
2&3{

CHARITY COMMISSION
FOR ENGLAND ANO WALES
Wandsworth, Chelsea anf Fulham Sea Cadets
303283
Receipts and payments accounts
CC16a
For the perlod
from
0110412020
3110312021
Section A Receipts and payments
Unrèstricted
funds
to thè nèaresi
Restricted
funds
Endowment
funds
Total funds
Last yagr
to thè nÈareBt£
to the nearest£
tot1* nBar•st£
to tho nearest£
A1 Receipts
Reniai Income from hire of hall
Furdrsisirhg
Livery company g'ants
Cadet sJbxriOtions
MSSL
Grants foi $￿Gific i-.ems
14.170
17.735
6.50D
2.2SS
1417
17,735
500
2,255
446
9,1$7
53
1,142
51,460
19,099
7,59
5,00
3,59
623
9,157
53
1,142
51.460
218
er
Sub total (Gross Income for ARJ
A8Sèt and investment gales,
tsblèl.
36,698
None
Sub total
51A6
51,460
36,698
A3 Payments
Reyt arnd Council Tax
13,07S
3.180
11073
3,180
13,W41
7,143
6.678
3.55
bca-.s
malfi￿nancÉ- b￿lI11n98 boats. vehicles
•Aisctii¥neou5
Insurance
Fud and travd
Compuier and Olh8r equipment
Kitchen refvrbishmenl
2,090
2.825
1,197
2,090
2,825
1,1gT
1.OJ7
923
154
1951
1951
Sub total
¥,319
25.319
35,713
A4 Assel and Investment
pur¢hages, (see tablel
Sub total
25,319
25,319
35.713
Net of receipts/{payments)
26,142
26,142
985
A5 Transfers between funds
A6 Cash fund813SI year end
Cash funds this year end
51,209
77.361
51,209
77.361
50.224
61.2
CCXX R1 accounts ISSI
2310912021

Section B Statement of assets and liabilities at the end of the period
Unre8tricted
funds
to n84r￿t £
Restricted
funds
to ngar95t£
Endowm8nt
fun(Is
to nearest£
Detstl
B1 Cash funds
Cash ai hand
57,351
20.000
Total cash funds
57,351
20,000
Unrestrlcted
funds
to noare8t £
Restricted
funds
to nearo8¢£
Endowment
ftjnds
to n•ar•st£
Detall$
B2 Other monetary assets
Fund LO wh1ch
a¥$et h￿On
Cuwrgnt value
0081
Derèils
Cosi loptsonall
B3 Investment a880ts
Fund to which
asset belon
Details
cost loptlonall
Cutrent valuè
B4 Assets retain•d for the
¢harity's own use
Fund to vihich
relatès
Anbount du9
on81
When duè
DEtails
B5 Liabilities
Signed by one or ￿0 trustees on beh81r
of all the trustee6
Date of
roval
Signature
Print Name
Phillp Fomst•r
2210912021
CCXX R2 accounts ISSI
2310912021

## **Independent Examiner's Report to the Trustees of the Wandsworth Chelsea and Fulham Unit 278 of the Sea Cadet Corps** 

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2021 which are set out in the attached . 

## **Responsibilities and basis of report** 

As t you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act . 

I report in respect of my examination of the charity 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 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 charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. 

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. 


## **John Howard FCA** 

Azets Audit Services 2[nd] Floor, Regis House, 45 King William Street, London, EC4R 9AN 

Date: