## **Trustees’ Annual Report for the period** **From 01/04/2020 Period start date To 31/03/2021 Period end date** **Charity name: Reigate Unit 281 of the Sea Cadet Corps** ## **Charity registration number: 305108** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The charitable purpose of the Unit is 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|**Seamanship, sailing, rowing, drill, band,**
**football, swimming, shooting, Duke of**
**Edinburgh, B Tech Public Services,**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have had regard to the**
**guidance issued by the Charity**
**Commission on public benefit.**| ## **Achievements and Performance** **----- Start of picture text -----**
SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**| |---|---|---| |SORP reference||| |Summary of the 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|**We provided a safe and comfortable**
**environment for our children and young**
**people to learn various practical skills**
**based on the traditions of the Royal**
**Navy and develop their social skills**
**through interaction with fellow juniors**
**and cadets. Our volunteer staff are**
**given training and support to provide**
**the juniors and cadets with a high**
**standard of learning.**| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|**We are in a good financial position.**| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**N/A**| |Amount of reserves held|Para 1.22|**None**| |Reasons for holding zero
reserves|Para 1.22|**We currently have no specific projects**
**which would require this. Our available**
**funds are sufficient to cover our normal**
**outgoings and the assets held give us a**
**form of reserve.**| |Details of fund materially in
deficit|Para 1.24|**N/A**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Rental income from owned and leased**
**properties.**| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Sea Cadet Regulations**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustee selection is by election at the**
**AGM.**| ## **Reference and Administrative details** **----- Start of picture text -----**
Charity name Reigate Unit 281 of the Sea Cadet Corps
Other name the charity uses Reigate Sea Cadets, TS Arc Royal
Registered charity number 305108
Charity’s principal address 2 Hooley Lane, Redhill, Surrey, RH1 6ET
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**Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Andrea Frost Chair Election by Unit Membership
2 Maurice Potter Vice Chair 01 04 2020 To 14 12 2020 Election by Unit Membership
3 Andrew Kerr Treasurer Election by Unit Membership
4 Peter Bishop Commanding Officer Election by Unit Membership
5 Angela Ballantyne PSA Chair Election by Unit Membership
6 David Cooper Trustee/Vice Chair Election by Unit Membership
7 Brain Robertson 01 04 2020 To 14 12 2020 Election by Unit Membership
8 Richard Smith 01 04 2020 To 14 12 2020 Election by Unit Membership
9
1
0
1
1
1
2
1
3
1
4
1
5
1
6
1
7
1
8
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– Corporate trustees names 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 **----- Start of picture text -----**
Trustee name Dates acted if not for whole year
Richard Smith
Brian Robertson
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## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|N/A| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **N/A** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|_Andrea J Frost_| |---|---| ||Andrea Jane Frost
Andrew Kerr| ||
Chair
Treasurer| ||06/12/2021| ||06/12/2021| ## Management Report SEA CADET CORPS REI BORO UNIT 281 For the period ended 31 March 2021 Prepared on 7 October 2021 For management use only ## **Table of Contents** Financial Activities............................................................................................................................................3 Balance Sheet..................................................................................................................................................4 2/4 ## **Financial Activities** April 2020 - March 2021 |**Financial Activities**
April 2020 - March 2021|| |---|---| ||**Total**| |INCOME|| |AT01 - Athol House Rent|9,661.80| |CA01 - Cadet Subscriptions|3,222.50| |DO01 - Donation|22,548.24| |GR05 - MSSC|1,034.08| |RE01 - Flat Income|9,000.00| |Sales of Product Income|10.00| |V102 - Flat 2 income|5,074.93| |VI10 - Rent 12 Victoria Road|6,266.40| |**Total Income**|**56,817.95**| |TOTAL|**56,817.95**| |EXPENDITURES|| |AT02 - Letting Fee|1,435.73| |AT05 - Service Charge|311.09| |BO01 - Boating Expenses|600.00| |EL01 - Electricity|1,476.74| |GA01 - Gas|4,341.87| |GE01 - General Administration|974.41| |GE05 - MSSC|635.00| |IN01 - Insurance|2,801.66| |LE01 - Legal & professional|-293.57| |MA01 - Maitenace of unit|8,777.80| |MO02 - Motor Expenses Fuel|507.18| |RA01 - Rates|746.20| |TE01 - Telephone|3,828.00| |UB01 - Uniform, badges etc|67.45| |VI07 & VI15 2 & 12 Victoria road|4,876.91| |WA01 - Water|207.25| |**Total Expenditures**|**31,293.72**| |NET OPERATING INCOME|**25,524.23**| |OTHER EXPENDITURES|| |Reconciliation Discrepancies|-7.73| |**Total Other Expenditures**|**-7.73**| |NET OTHER INCOME|**7.73**| |NET INCOME/(EXPENDITURE)|**£25,531.96**| 3/4 SEA CADET CORPS REI BORO UNIT 281 ## **Balance Sheet** As of March 31, 2021 |**Balance Sheet**
As of March 31, 2021|| |---|---| ||**Total**| |FIXED ASSET|| |**Total Fixed Asset**|| |CASH AT BANK AND IN HAND|| |Treasurers Account(5716)|61,213.22| |**Total Cash at bank and in hand**|**61,213.22**| |NET CURRENT ASSETS|**61,213.22**| |NET CURRENT ASSETS(LIABILITIES)|**61,213.22**| |TOTAL ASSETS LESS CURRENT LIABILITIES|**61,213.22**| |TOTAL NET ASSETS (LIABILITIES)|**£61,213.22**| |CHARITY FUNDS|| |Opening Balance Equity|19,906.66| |Retained Earnings|42,480.84| |Surplus/(Deficit)|-1,174.28| |**Total Charity funds**|**£61,213.22**| 4/4 SEA CADET CORPS REI BORO UNIT 281 Certlficate of Accounts We have examined the accounts for Reigate Sea Cadet Corp unit 281 for the period of 1$t April 2020 to 31st March 2021 as shown on the Management Report, Financial Activities by Month sh￿t and the NET Assets sheet. In our opinion these accounts are in accordance with the Units books and show a true and fair view of the ￿sUlts for the year and of the stste of affairs as on 31 $t March 2021 . Title Signature Name Date ExaminerlAuditor C. Mills Unit Treasurer A. Kerr Chairperson A. Frost i¥// ## **NET assets for Reigate SCC period 1[st] Apr 2020 to 31[st] March 2021.** **Investments Property** IV01 Investments - Atholl House £163447.53 IV03 Investments - Flat 2 Victoria Road £139160.40 IVO4 Investments - Flat 2 Victoria Road £146660.40 Total = £449,268.33 ## **Current value of Investment Properties (valuation Mar 2021)** IV03/IV04 2&12 100 Victoria Road = £191,000 each IV01 7 Atholl House Redhill = £204,000. Unit Value and Fixed Assets (furniture etc.) = £29,211 Total = £615.211 **Title Signature Name Date** Unit Treasurer A Kerr Examiner/Auditor C Mills Chairperson A Frost NET scc 1StA r2020 0 31¥t March 2021. Investments Property IV01 Investments - Atholl House £163447.53 IV03 Investments - Flat 2 Victoria Road £139160.40 IV04 Investments - Flat 2 Victoria Road £146660.40 Total = £449,268.33 Current value of Investment Properties {valuation Mar 2021) IV0311V04 2&12 100 Victoria Road = £191,000 each IV017 Atholl House Redhill = £204,000. Unit Value and Fixed Assets (furnitu￿ etc.) = £29.211 Total= £615.211 Title Signature Nan Date Unit Treasurer A Kerr SII•iLI ExaminerlAuditor C Mills Chairperson A Frost