OpenCharities

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2024-03-31-accounts

Objectives andActivities
SORPreference
Summaryofthepurposesof Para7.L7 ThecharitablepurposeoftheUnit (thePurpose)
thecharityassetoutinits istopromotethedevelopmentofyoungpeople
governing document in achievingtheirphysical,intellectualandsocial
potentialasindividualsandasresponsible
citizensbytheprovision of educationand leisure
timeactivitiesusing anauticalthemeandin
accordancewith theprinciples, ethosand
practices oftheMarineSociety&SeaCadets.
Summaryofthemainactivities
in relationtothosepurposes
Para7.!7and1.19 Byproviding educationandtrainingincluding
but notrestrictedto:sailing(inshoreand
for thepublic benefit,in offshore),paddlesports, powerboating,
particular,the activities,
projects orservicesidentifiedin
theaccounts.
seamanship,navigation, marineengineering,
cooking,music,firstaid,pipingandpublic
services,we offer youngpeopleastructured
environmentinwhichtodevelop.
We alsoprovide opportunities for youngpeople
toobtainarangeofqualificationsaswellas
opportunitiesforcommunity involvement.
Statement confirmingwhether Para1.18 lncarryingout the charitablepurposetheUnit
the trusteeshave had regardto and Trustees have regardtotheaimand values
theguidance issuedbythe of theSeaCadetCorpsandtheguidanceissued
Charity Commissiononpublic bytheCharity Commissiononpublicbenefit.
benefit
SORPreference
Policyongrantmaking Para 1.38 N/R
Policy on socialinvestment Para 1.38 N/R
including program related
investment
Contributionmade by Para 1.38 Allthecharitiesfunctionsarecarriedoutby
volunteers volunteers.Thereareno salaried staff.
Other

chievementsand Perform ance
SORPreference
Summaryofthemain
achievementsof the charity,
identifyingthedifference the
charity'sworkhasmadetothe
circumstancesofits
Pata7.2O ThemajorityofWSCcadets areresidentin
Wandsworthandrepresentasocial mixwith two
cadetsat present undersocial care orders;two
otherswithaStatementof Special Educational
Needsand onewithaphysicaldisability.Cadets
beneficiaries and anywider
benefitstosocietyas awhole.
learn andcompete in boathandling, canoeing&
sailing,navigation, meteorology&marine
engineering.TheytakeontheNavalvaluesof
respect,self-discipline, integrityand
commitment,and learnlifeskillsin motivation,
communication, teamworkand leadership.
Cadetsgaininternalandexternal qualifications.
Since2013WSCcadetshavegained75
internationally-recognised accreditations from
theRYAandBCU aswellas DofEAwards.17
cadets arecurrently working towardsBTECLevel
'J.and 2qualifications.WSChas asmall bursary
fundtoensurethatno cadetfroma
disadvantaged background needmissouton
coursesor qualifications for financialreasons.

Review ofthecharity's financial Para 7.27 Thecharityshowedagainfor theyearof
positionattheend ofthe i.1O,702.This includesarestricted grantof
period f5,500whichat yearendhadnotbeen spent.
This increasedour unrestrictedreservesto
f.47,77Oandour restrictedreservesto f5,500.
Statementexplainingthepolicy Para 7.22 Our reserves arethe accumulated netincomeof
forholdingreservesstating why thecharitysinceinception whichhasincluded
they areheld legacies andother donations.Theyprovidea
financial bufferagainstbothexpected
unexpectedcosts.
Amount ofreserves held ?araL.22 f54,27Oof whichf5,500arerestricted.
Reasonsforholdingzero Pata 1.22 N/A
reserves
Details offundmateriallyin Pata1.24 N/A
deficit
Explanationofany Para 1.23 TheCharity lost itslargest sourceofincomeat
uncertainties about the charity thebeginning oftheyearwhichwastherent
continuingas agoing concern (licencefee)wereceivedfromaco-occupier.
TheTrustees are seekingalternativesourcesof
income fromthebuilding whichdovetailwith
theCharity'sownuseofthe property.lnthe
meantime, discretionary expenditurehasbeen
reduced,fundraising activitieshavebeen
increased andtheCharityhassufficientreserves
forseveral years inwhichtoresolvethe
situation.

Thecharity's principalsources Para L.47 Grants anddonations.Cadetsubscriptions. Unit
of funds (includingany fundraising activities.
fundraising)
lnvestmentpolicyand Para 1.46 Allreservesareheldonshort-termdepositswith
objectives includinganysocial major financial institutionsandcoveredbythe
investmentpolicyadopted FSCScompensationscheme.
Adescriptionoftheprincipal ?ara 1.46 Please seesectionabove: "Explanation ofany
risksfacingthecharity uncertainties etc".
Other

Descriptionof charity's trusts:
Type ofgoverning document Para 1.25 Trustdeed
Howisthecharity constituted? Para 1.25 Un-incorporatedassociation.
Trusteeselection methods Para 1.25 Elected/Re-elected atAGM.
includingdetails ofany
constitutionaIprovisionse.g.
electiontopostornameofany
personorbodyentitledto
appointoneormoretrustees

ouma
choosetoincludefurther
statements w here relevant about:
Policiesand procedures Para 1.51 Trusteeshavetoattendanonboardingcourse
adopted fortheinductionand runbytheMarineSocietyonsafeguarding
trainingoftrustees. withinasetperiodofjoining.
Thecharity's organisational Para 1.51 Thecharityisaffiliated totheMarineSociety
structureandanywider andSeaCadets, anational charity.
networkwithwhichthecharity
works
Relationshipwithanyrelated Para 1.51
parties
Other

Charity name WandsworthChelseaand FulhamUnit278 oftheSeaCadetCorps
Othernamethecharityuses WandsworthSeaCadets
Registeredcharitynumber 303283
Charity's principaladdress Ashlone Buildings
Putney Embankment
London
SW1"51LB
Namesofthech arity trusteesw homanagethe charity
Trustee name Office (if any) Datesactedifnotfor whole year Nameofperson (or body)entitledto
appoint trustee (ifany)
LivGussing Chair
HenryFowkes Co-chair
Philip Forrester Treasurer
NathalieWebb
ame oftrusteesholdin gtitletopropertybelongingto thecha
Trustee name Datesactedifnotfor whole year
N/A

Fundsheldascustodian tru stee
Descriptionoftheassetsheldin None
thiscapacity
Name andobjectsofthecharity
onwhosebehalftheassetsare
held andhow thisfallswithin
thecustodian charity'sobjects
Detailsof arrangementsfor
safe custody and segregationof
suchassetsfrom thecharity's
ownassets

ub
CHARITY COMMISSION
FORENGLANDANDWALES
ub
CHARITY COMMISSION
FORENGLANDANDWALES
Wandsworth, Chelsea anf FulhamSeaCadets Wandsworth, Chelsea anf FulhamSeaCadets Wandsworth, Chelsea anf FulhamSeaCadets Wandsworth, Chelsea anf FulhamSeaCadets 303283
Receiptsand p ments accounts CC16a
Fortheperiod
from
01t04t2023 To 31t03t2024
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Lastyear
tothenearest tothe nearestf tothe nearestf tothe nearest€ tothe nearestf
e
AlReceipts
Rental income from hire of hall E24,106 f0 t0 c24,101 t17,141
Fundraising t857 t0 €0 t857 f9,005
Grantsnon-specific e6,490 f0 €0 €6,490 t6,000
Cadet subscriptions c5,858 EO t0 e5,858 84,892
T/SSC f0 €0 t0 f0 t1,311
Grants forspecificitems t5,500 f0 c5,500 f500
lnterest €1,331 €0 f0 €1,331 t_452
Other t1,693 t0 f0 f1,693 f500
Subtotal t40,335 e6,500 €0 €46,835 f39,801
A2Asset and investment sales,(see
table).
None f0 €0 f0 f,0 €0
f0 e0 €0 e0 e0
f0 t6,500 f0 t0 c0
Totalreceipts €40,335 t6,500 f46,835 e39,801
A3
RentandCouncilTax t13,275 t13,275 t't3,454
Utiities&telephone t14,396 €14,396 f5,496
New boats f0 f0 t17, 530
Maintenance-buildings, boats,vehicles t2,407 t2,407 f8,272
Miscellaneous L2,299 t2,299 t2,483
Insurance e1,634 €1.634 f1,363
Fuel and travel f1,660 f't,660 f1,940
Computer and other equipment e463 €463 t4,251
New motorvehicles €0
Subtotal e36,133 t35,133 e54,789
44Assetand investment purchases
€0 t0 €0 f0 EO
t0 €0 [0 f0 f0
Subtotal [0 €0 t0 €0 f0
Total payments e36,'l €0 €0 t36,133 f54,789
Netofreceipts/(paym ents) f1 -t14,987
A5 Transfers between funds €0
,46Cash fundslastyearend
Cashfundsthis yearend 862,757 t54, f43,568

Unrestricted Unrestricted Restricted Endowment
\i.\s:\rr\Ss funds funds funds
tonearestE tonearestf tonearestf
BlCashfunds Cash at hand t47,770 f6,500 f0
f0 e0
€0 f0
Totalcashtunds e6,500 e0
Unrestricted Restricted Endowment
funds funds funds
\t-r\r-li\s tonearest f, tonearest € tonearest€
82Other monetary assets None
.\s\s\Ns Fund
asset
to which Cost (optional) Current value
83lnvestment assets None
Stiis Fund to which Cost(optional) Currentvalue
84Assetsretained forthe None
charity'sown use
Fund to which Amount due When due
Ss"'\s\s
85 Liabilities None
Signed by oneortwo trustees on behalf
of all the trustees
re Print Name Date
PhilipForrester 1710912024

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 2024 which are set out in the attached Trustees’ Annual Report and Receipts and Payments Account.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 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 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: 26 November 2024