Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Charity number 305037
Farnham, Fleet and Aldershot Sea Cadets
Unit 137 of The Sea Cadet Corps
Accounts and Annual Review for the year to 31 March 2023
Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Trustees’ Annual Report on the Activities for the Year Ended 31 March 2023
| Charity Name: | Farnham, Fleet and Aldershot Sea Cadets Unit 137 of The Sea Cadet Corps |
|---|---|
| Charity registration number: | 305037 |
| Operational address: | T/S Swiftsure Lower Weybourne Lane Badshot Lea Surrey GU9 9LQ |
| Bankers: | Lloyds TSB 115 Victoria Rad Aldershot Hampshire GU11 1JQ |
Unit Management Team (Trustees)
| Martin Gallop (Chair) Neil Weston FCA (Treasurer) Paul Abbott |
PO Sean Kavanagh Graham Cooke Yvonne Blackburn (appointed 08.06.23) |
|
|---|---|---|
Nature and date of the Unit’s Constitution (governing document):
The unit is governed by the Sea Cadet Regulations.
The methods adopted for recruiting new trustees, and how trustees are elected or otherwise appointed (and by whom).
Unit Management Team (UMT) members are elected annually at the AGM. UMT members are elected from persons having an interest in the unit and its operations. In the event of a vacancy arising during the year (a casual vacancy) the UMT have the power to appoint a new UMT member who will be able to serve until the date of the next AGM, at which point they will need to seek formal election if they wish to remain in post.
The Unit’s Charitable purpose as set out in its constitution 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 Unit’s main activities and achievements in the financial year were: -
The new roof was completed and paid for during the year to 31 March 2023. We were fortunate to be able to receive significant government back grants and £25,000 of funding directly from MSSC. These funds, along with some reserves and additional donations that we were abler to secure mean that the Unit still has adequate finances in place.
The completion of this significant project has enabled us to grow as we continued to come out of the Covid restrictions and the increase the activities being undertaken by the cadets.
This in turn is reflected in an increase in cadet numbers.
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
The accounts have again been prepared on an accruals basis, recognising all the assets and liabilities of the charity.
The statement of financial activities shows that the level of reserves has decreased by £8,233 in the year but there were still net current assets of approximately £13,000 and there continues to be sufficient cash and bank balances to cover the ongoing costs.
Public Benefit
The UMT continue to give due regard to the public benefit provided by the Unit in relation to the charitable purposes of the Sea Cadet movement as set out in the activities and achievements outlined above. The aim is to promote the development of young people in achieving their physical, intellectual and social potential as individuals and responsible citizens in a safe environment. To achieve this the Unit takes young people from all backgrounds, including where possible those with disabilities and develops their skills and abilities by:
-
Regular and structured activities with a nautical theme;
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Allowing young people to take part in activities connected with the wider Sea Cadet movement such as seaborne activities, events and competitions at district, area and national levels;
-
Availability of formal educational achievements whilst taking courses to earn badges and promotions.
Contributions are kept low in order to ensure that as many of those who wish to take part in the activities of the unit may do so.
Reserves Policy
The charity trustees’ policy aims to maintain unrestricted free reserves at a level of £10,000 to £15,000. This level is considered to be appropriate to cover several months of operating costs in the unlikely event that all sources of income cease.
Date signed as authorised by the Unit’s Management Team
………………………………………………… N A Weston FCA Unit Treasurer
………………………………………………… M Gallop Unit Chairman
Page 3
Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Report of the Chairman of the Trustees
TS Swiftsure has had an interesting year, where focusing on the basics has enabled the Unit to provide the best possible cadet experience for its ship's company. With the completion of the maintenance work on the roof, it has enabled the Unit to focus on upgrading and improving the teaching space.
To make the best possible use of the site and facilities the Unit has been very creative on how the site is used and this has increased the community engagement the unit has many fold. All having a positive impact, both financially, but drawing in new interests to the Unit.
This year has seen more participation in competitions, cadets on courses, hours afloat and activities within the community. Alongside this the cadets have gained promotions and grown in number. Impressive in a year where the focus has been to maintain and get staff development on track.
The unit's Commanding Officer PO Kavanagh leads from the front and his boundless enthusiasm is great to see, but more importantly he is building a great team around him who provide the stability that the Unit and cadets need. Moving forward the Unit needs to focus on its targets of onboarding staff and up-skilling them, to achieve the cadet focused goals on boating and further cadet promotions at the higher level. This is all achievable with the current community engagement. Getting cadets afloat and gaining qualifications as they do so is a key part to the Unit sustaining the progress it has made.
The Unit is now materially in good condition, although the maintenance requirements are significant. Fortunately, the UMT are fully aware of the role and responsibilities and a good maintenance plan is in action.
The ships company of TS Swiftsure should be proud of what they have achieved against a number of adversities that they have had this year.
Martin Gallop (Chair)
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Report of the Commanding Officer
INTRODUCTION
2023 has been very much a build back year. With greater stability in the staffing of the unit and an increase in the numbers of older cadets, it has been possible to start to offer a wider range of training and other activities at TS Swiftsure. One of the big impacts of COVID on the activities of the Unit was the loss of many senior cadets.
Visitors to the Unit will have seen changes to the fabric of the building inside and out. Much of this is down to the hard work and effort of CI Bryan Blencowe and I would like to put in writing here my heartfelt thanks for all he has done.
CADET NUMBERS
Our overall numbers have stayed very strong at 57. I would like to see this slowly increase as we have kept at these numbers without really advertising but before doing this, we need to ensure a strong, stable instructor base.
Although attendance overall has stayed high, attendance on Mondays is generally quite low and it would be good to understand why this is so that we can take the necessary steps to encourage greater attendance on that day.
2023 SUMMARY
This year has been a busy year for TS Swiftsure. We have had:
-
10 cadets achieve BTEC’s.
-
1 cadet achieve his Silver Wings.
-
3 new members of staff join.
-
Been awarded a burgee for 2022!
-
Had a successful Royal Navy Parade.
-
Cleaned war graves.
-
Hosted a Junior Camp.
-
Had cadets on District, Area and National courses.
-
Cadets on all the ships of the offshore fleet including trips overseas and cadets on TV!
-
Cadets parading at the Army v Navy Rugby and Football matches.
-
And many, many more.
The awarding of another burgee, which is the highest award for unit efficiency, was a great team effort and I would like to say a huge BZ (well done) to all the cadets and staff.
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Report of the Commanding Officer
PLANS FOR 2024
Cadets have asked for us to do more of the following in 2024:
-
Sleepovers;
-
Social activities.
In order to achieve this, we need to get our minibus back on the road and recruit a couple more staff to give us the necessary resources.
PO Sean Kavanagh (CO Farnham, Fleet and Aldershot Unit)
Page 6
Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Independent Examiner’s Report on the Accounts
Report to the trustees of Farnham, Fleet and Aldershot Sea Cadets [Sea Cadet Unit Number 137] on the accounts for the year ended 31 March 2023 set out on pages 8 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with 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 the trustees concerning any such matters. The procedures 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 ‘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 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 Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
Date: | 30.10.2023 |
|---|---|---|
| Donald Faulkner | ||
| Harriers,FrimleyRoad | ||
| Ash Vale | ||
| Surrey,GU12 5NT |
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Statement of Financial Activities
| Note Income Income from charitable activities: Subscriptions Gift Aid Collections Donations 3 Grants 4 Activities 5 Fund raising Rent received 6 Sundry sales Other receipts Investment income: Interest received Total income Expenditure Costs of raising funds: Trading operations Fundraising Unit activities and operation 7 Total Expenditure Net movement in funds for the year Funds b/fwd Transfer Funds c/fwd |
Unrestricted Funds 10,818 2,408 - 33,861 9,360 1,296 - 57,743 8,170 894 30 9,094 18 66,855 4,280 - 4,280 70,808 75,088 (8,233) 510,565 502,332 |
Designated Funds - - - - - - - - - - - - - - - - - - - - 2,684. - 2,684. |
Restricted Funds - - - - - - - - - - - - - - - - - - - - - - - |
Total Funds 2023 10,818 2,408 - 33,861 9,360 1,296 - 57,743 8,170 894 30 9,094 18 66,855 4,280 - 4,280 70,808 75,088 (8,233) 513,249 -. 505,016 |
Total Funds 2022 10,078 1,565 - 19,998 8,000 94 - |
|---|---|---|---|---|---|
| 39,735 | |||||
| 1,518 - 164 |
|||||
| 1,682 | |||||
| 1 | |||||
| 41,418 | |||||
| 3,236 - |
|||||
| 3,236 | |||||
| 68,971 | |||||
| 72,207 | |||||
| (30,789) 544,038 -. |
|||||
| 513,249 |
Designated funds (see page 10):
The cadets’ fund represents the surplus generated through the stand easy operated for the cadets, expenditure of the fund will be agreed in association with the cadets.
The building fund is money designated by the trustees to be used for the replacement of the building roof.
Signed as authorised by the Unit’s Management Team
……………………………… N A Weston FCA (Unit Treasurer) Date ………………………………… ……………………………… M Gallop (Unit Chair) Date …………………………………
Page 8
Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Statement of Financial Activities
| Note Income Income from charitable activities: Subscriptions Gift Aid Collections Donations 3 Grants 4 Activities 5 Fund raising Rent received 6 Sundry sales Other receipts Investment income: Interest received Total income Expenditure Costs of raising funds: Trading operations Fundraising Unit activities and operation 7 Total Expenditure Net movement in funds for the year Funds b/fwd Transfer Funds c/fwd |
Comparative Information Unrestricted Funds Designated Funds 10,078. - 1,565. - -. - 19,998. - 8,000. - 94. - -. - 39,735. - 1,518. - -. - 164. - 1,682. - 1. - 41,418. - 3,236. - -. - 3,236. - 68,971. - 72,207. - (30,789) - 512,765. 31,273. 28,589. (28,589) 510,565. 2,684. |
Restricted Funds - - - - - - - - - - - - - - - - - - - - - - - |
Total Funds 2022 10,078 1,565 - 19,998 8,000 94 - |
|---|---|---|---|
| 39,735 | |||
| 1,518 - 164 |
|||
| 1,682 | |||
| 1 | |||
| 41,418 | |||
| 3,236 - |
|||
| 3,236 | |||
| 68,971 | |||
| 72,207 | |||
| (30,789) 544,038 -. 513,249 |
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Balance Sheet as at 31 March 2023
| Notes Fixed assets Tangible fixed assets 10 Current assets Stock Debtors 11 Cash and bank balances Total Current Assets Current liabilities Amounts falling due within one year 12 Net current assets Total assets less current liabilities Long term liabilities Total funds carried forward Represented by: The funds of the charity Unrestricted funds Designated funds Cadets’ Fund Building Fund Restricted funds Capital Fund Total charity funds |
2023 2023 £ £ 492,041 361 5,192 18,862 24,415 (11,440) 12,975 505,016 - 505,016 502,332 2,684 - 2,684 - 505,016 |
2022 2022 £ £ 496,281 362 4,248 19,586 24,196 (7,228) 16,968 513,249 - 513,249 510,565 2,684 - 2,684 - 513,249 |
2022 2022 £ £ 496,281 362 4,248 19,586 24,196 (7,228) 16,968 513,249 - 513,249 510,565 2,684 - 2,684 - 513,249 |
|---|---|---|---|
| 2,684 - |
2,684 - |
||
| 513,249 - |
|||
| 513,249 | |||
| 510,565 2,684 - 513,249 |
|||
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Notes on the accounts
1 Accounting Policies
The principal accounting policies adopted in the preparation of the financial statements are as follows:
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Farnham Sea Cadets meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Preparation of the accounts on a going concern basis
It is assumed that the charity as a going concern, it has sufficient available resources (financial, volunteers and support) to continue the operations that it carries out at present and those that are planned for the foreseeable future.
Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received, and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred.
Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the staff and trustees is not recognised.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.
Page 11
Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
● ● Costs of raising funds comprise a proportion of the costs of maintain and operating the building (which is rented out to provide additional income for the charity) and the costs of specific fundraising events held.
● ● Expenditure on charitable activities includes the costs of trips, cadet activities and the majority of the costs of running the building.
The charity is not registered for VAT and irrecoverable VAT on expenditure is charged as a cost against the activity for which that expenditure was incurred.
No trustees received any remuneration in the year, nor were any expenses paid by the charity to members of the UMT in respect of their duties as trustees of the charity.
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs and governance costs which support the Unit’s cadet programmes and activities. Given the fact that these duties are entirely undertaken by volunteers there are no personnel costs and only minimal other expenses incurred. Such costs have been included in expenditure on charitable activities as shown in note 7.
Tangible fixed assets
Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a straight-line basis as follows:
| Freehold land and buildings | – not depreciated |
|---|---|
| Boats and equipment | – 15% written down value |
| Motor vehicles | – 25% written down value |
| Fixtures, fittings, plant, sports equipment | – 25% written down value |
| Diving gear and band equipment | – 5% to 15% written down value |
| Band instruments | – 5% written down value |
The land is not depreciated. Land and buildings are included at a valuation as agreed by the trustees at 31 March 2017, based upon advice given by a specialist adviser. The building itself does have a finite useful life but the overall value of £450,000 as used in these accounts assumes that the value of the old building is not material.
Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and cash in hand includes all bank accounts (including the deposit account) and cash on hand.
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value.
2 Legal status of the charity
The charity is an independent charity, registered at the Charity Commission under Charity Number 305037. The registered contact is the treasurer, Mr N Weston.
3 Income from donations
| Bernard Sunley Trust Farnham Institute Aldershot Rotary Club Farnham Round Table MSSC Virgin Giving Surrey County Council Connaught Trust Short Mat Bowls Farnham Town Council Mayor’s Charity Others |
2023 - 3,000 - 1,888 25,000 - 3,000 - - - - 973 33,861 |
2022 10,000 - 1,210 - - 1,993 - 2,000 1,107 2,000 700 988 19,998 |
|---|---|---|
4 Income from grants
Business support grants totalling £9,360 relating to the year ended 31 March 2023 have been received by the unit (in the year ended 31 March 2022 the corresponding figure was £8,000).
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
5 Charitable activities
| Weekly boating and rowing Mess dinner Activity weekends Other |
Income £ - 570 270 456 1,296 |
2023 Expenditure £ 1,081 573 - - 1,654 |
Surplus / deficit £ (1,081) (3) 270. 456. (358) |
|---|---|---|---|
The “Return to Parading/Boating” costs relate to additional expenditure to make the unit and the activities “Covid Secure” in line with the applicable guidelines in place at the time of that expenditure.
| Weekly boating and rowing Return to Parading / Boating Other |
Income £ - - 94 94 |
2022 Expenditure £ 425 294 243 962 |
Surplus / deficit £ (425) (294) (149) |
|---|---|---|---|
| (868) |
6 Income from rent received
| Auction Container Hire Surrey Police Tricks and Treats Stagestruck Indoor Bowls Other |
2023 £ 4,310 720 - 2,265 470 - 405 8,170 |
2022 £ - 720 185 - - 300 313 1,518 |
|---|---|---|
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
7 Analysis of expenditure on charitable activities
| Note Special events 5 Hall hire Training Rates and water rates Light and heat Telephone and internet Postage, printing and stationery Property maintenance 8 Motor expenses Equipment repairs 9 Insurance Other costs Depreciation Profit on disposal of fixed assets Governance costs 8 Property repairs Electrical work Sewage system works Heater service Roof repair Scaffolding hire Cleaning and waste disposal Other items |
2023 £ 1,654 160 - 397 5,830 764 300 49,934 999 529 2,785 792 6,676 (84) 72 70,808 2023 £ 5,800 2,276 726 32,374 4,500 6,083 803 52,562 |
2022 £ 962 896 324 309 1,439 899 401 50,407 1,556 1,290 2,897 594 6,853 - 144 68,971 2022 £ 1,263 388 1,380 44,702 - 4,185 1,142 53,060 |
|---|---|---|
Total cost allocated to charitable activities £49,934 (2022: £50,407), costs of generating funds £2,628 (2022: £2,653) and governance costs £ nil (2022: £ nil).
9 Equipment repairs
| Equipment repairs | ||
|---|---|---|
| Trailer repairs Fire alarm and extinguisher service Other items (all <£100.00) |
2023 £ - 587 - 587 |
2022 £ 686 402 346 |
| 1,434 |
Total cost allocated to charitable activities £529 (2022: £1,290), costs of generating funds £29 (2022: £72) and governance costs £29 (2022: £72).
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Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
10 Fixed assets
| Freehold Land & Buildings Cost or valuation: As at 1 April 2022 450,000 Additions - Disposals - As at 31 March 2023 450,000 Depreciation As at 1 April 2022 - Charge for the year - Disposals - As at 31 March 2023 - Net book value As at 31 March 2023 450,000 As at 1 April 2022 450,000 Fixtures & Fittings Cost or valuation: As at 1 April 2022 14,845 Additions 2,742 Disposals - As at 31 March 2023 17,587 Depreciation As at 1 April 2022 12,131 Charge for the year 1,374 Disposals - As at 31 March 2023 13,505 Net book value As at 31 March 2023 4,082 As at 1 April 2022 2,714 Additions Mattresses Beds Kayak racking Computer equipment Other items (all <£100.00) |
Leasehold Land & Buildings - - - - - - - - - - Band Equipment 31,943 - - 31,943 11,061 1,596 - 12,657 19,286 20,882 |
Plant & Machinery 2,535 - - 2,535 1,962 108 - 2,070 465 573 Sports & Dive Equipment 7,978 - (1,554) 6,424 6,707 243 (1,248) 5,702 722 1,271 2023 2,385 357 - - - 2,742 |
Motor Vehicles & Trailers Boats & Associated Equipment 13,171 42,992 - - - - 13,171 42,992 10,896 24,426 569 2,788 - - 11,465 27,212 1,706 15,780 2,275 18,566 Total 2023 Total 2022 563,464 562,378 2,742 1,086 (1,554) - 564,652 563,464 67,183 60,330 6,676 6,853 (1,248) - 72,611 67,183 492,041 496,281 496,281 508,357 2022 - - 561 525 - 1,086 |
Boats & Associated Equipment 42,992 - - |
||||
|---|---|---|---|---|---|---|---|---|
| 42,992 | ||||||||
| 24,426 2,788 - |
||||||||
| 27,212 | ||||||||
| 15,780 | ||||||||
| 18,566 | ||||||||
| Total 2022 562,378 1,086 - |
||||||||
| 563,464 | ||||||||
| 60,330 6,853 - |
||||||||
| 67,183 | ||||||||
| 496,281 | ||||||||
| 508,357 | ||||||||
In addition, the Unit has beneficial, ongoing use of 1 further Quest and 1 Rigiflex with an outboard motor (that is used as a safety boat) but does not hold title to them.
Page 16
Accounts for the year to 31 March 2023
Farnham, Fleet and Aldershot Sea Cadets
11 Debtors
| 1 Debtors | ||
|---|---|---|
| Debtors, rents and gift aid receivable Other debtors Prepayments and accrued income 2 Creditors due within one year Trade creditors Short term loan Other creditors and accruals |
2023 £ 1,090 - 4,102 5,192 2023 £ 1,253 4,500 5,687 11,440 |
2022 £ 1,694 - 2,554 |
| 4,248 | ||
| 2022 £ 3,490 - 3,738 |
||
| 7,228 |
12 Creditors due within one year
13 Taxation
As a charity, Farnham, Fleet and Aldershot Sea Cadets Unit is exempt from tax on income and gains to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
Page 17