## **HULL SEA CADETS – TS IRON DUKE 118 ARGYLE STREET KINGSTON UPON HULL HU3 1EX** ## **ANNUAL GENERAL MEETING 17 OCTOBER 2022** **CHAIRMAN’S REPORT FOR THE YEAR ENDED 31 MARCH 2022** ## **Review of Progress since the last AGM** Since the last AGM, Hon Alderman David Gemmell OBE has resigned from the UMT due to health problems. Although not totally unexpected, the suddenness of his decision came as a surprise. After some discussion I agreed to take on the position of Chairman for the sake of continuity, as I had been working closely with David for some years. However, we would like to thank David for the help he gave us, particularly in the early days of this present Committee and the problems we faced at that time. We send David and Moira every good wish for the future. To strengthen the Committee Capt Derek Chadburn (Hon Company of Master Mariners) and Capt Chris Towne (Trinity House Representative) have joined us and are proving a welcome addition. We are still actively looking for other candidates to join the UMT with a view to succession planning. At this point I would like to officially offer our congratulations to the CO who was recently promoted to WO2 (SCC) Sally Green RNR – well deserved! I am also pleased to report that our Detachment Commander, Sgt Paul Hofman, has just been promoted to Colour Sergeant – Well Done! Although this is mentioned every year, I have to say “thank you” to the Commanding Officer and Executive Officer who are supported by a team of Staff members and volunteers – all of whom give up their free time to participate in the life of the Unit. This “thank you” also covers their families who, I am sure, often have to accommodate the Unit plans around their family activities! Life at the Unit has started to return to some normality post Covid. We are recruiting and Cadet numbers are rising. This will be covered in the CO’s Report. Boating activities/Camping have resumed at Welton Waters. Recently the North Atlantic Fishing Company sponsored the Unit for the second year running by paying for a 4- day Camping/Boating stay at Welton Waters. Welton staff supervised the activities and outdoor catering was provided and brought in for all meals. We are very grateful to the Company for their generosity. Offshore Voyages have also returned with 8 Cadets on TS John Jerwood: 3 on TS Jack Petchey: 2 on TS Royalist and 4 Cadets due to sail on Yachts. Well done to the CO who obtained Bursaries for these voyages alongside sponsorship monies. We turn now to the Unit Building and there is always something to report – the list is endless due to its age (1895). Just before last Christmas we had work done on the roof and 2 ceilings due to water ingress. We had carried over 2 x Grants for the refurbishment of the boys Heads and new flooring. Due to the Covid Grants received from the Government via the local Council, we were able to extend our refurbishment plans. The flooring was replaced in the Ward Room/Flats and Mess Deck. Insulation was placed in the loft area for the first time. After completion of all that work the UMT thought we had earned a respite. However, that was not to be, because the rendering started falling off the tower, creating a Health & Safety Issue. Whilst seeking quotes we decided to ask the price of work required to the East side of the Unit where a lot of dampness problems have appeared over the years. The quote for the entire project came out at £35,500. We have been extremely fortunate to secure the full amount from the Sir James Reckitt Charity, who invited us to apply for a special Centenary Grant which was only open to Hull Charities which they already supported. Once the work has been completed, the Unit will look very smart from the outside and hopefully secure the fabric of the building for some time. ## **Financial Stability** Our financial health will be studied in more detail in the Treasurer’s Report. The Sir James Reckitt Charitable Trust remains our most loyal benefactor, with core funding of £6,000 pa, together with donations from the Dewhirst Trust and Trinity House. At this point I would like to thank Lt Spicer MBE and her teams who, through their attendance at Masonic Lodges, bring in a Stewarding fee (£100) each time. However, our Masonic friends were so impressed by the Cadets that in this current financial year (2022/2023) several of them made us their Charity of the Year. Attending one Lodge last week we were presented with a cheque for £2,500. It confirms what we have always said – our biggest asset is the Cadets. Further fundraising by way of bag packing has proved a little more difficult. Morrisons would not let us bag pack but offered to let us have a bucket collection which raised £ 537.60. ASDA allowed us to bag pack which raised £540. We bought a card reader as many people prefer to pay that way. We continue to retain £15,000 in our Reserves. ## **Raising Cadet Profile** Post Covid we have participated in events around the City, such as Sailors’ Sunday: The Falklands Weekend: Visit to MFV Frank Bonefaas: Platinum Jubilee Service at Hull Minster: Charity Midsummer Spectacular in Driffield: D-Day Service: Marathon and Fun Run: VJ Day: Commemoration Service for her late Majesty, Queen Elizabeth II: Proclamation of King Charles III: We are delighted that two of our Leading Cadets are Lord Mayor’s Cadet and the Lord Lieutenant of the East Riding of Yorkshire Cadet. We finally completed our promise to take part in the Hull Maritime City Project whereby Cadets “interviewed” Merchant Navy veterans and current MN personnel which was filmed at the Unit to be shown as part of a future exhibition at the Hull Museum. The Cadets who took part were impressive interviewers. ## • **The Unit Ambassador Scheme** This will be re-launched and names are already under discussion. ## • **THE ROYAL MARINE CADETS** The Detachment Commander and his team are working hard to build up their numbers. ## • **Team Spirit** The UMT appreciate the support of the CO, Executive Officer and other Uniformed Staff. Thank you also to other volunteers – Admin and PFA. ## **DATA Related to 2021/2022** Within the terms and reference for the role as Chairman, I have overall accountability for the activities and duties of all members of staff and Cadets in relation to Health & Safety, whilst day to day responsibility for carrying out these requirements lie within the remit of the Commanding Officer. ## **Unit Assets** Our building is owned by the Unit and valued at £400,000 Freehold. ## **Assets & Marine Assets** Are covered in the Treasurer’s Report ## **Accounting Systems** As Chairman, I have overall accountability for ensuring that the financial systems comply with the requirements of the Sea Cadet Corps, the Marine Society and the Charities Commission. Messrs Harris Lacey & Swain are the Independent Examiner of our Annual Accounts. These have been examined by the Accountants and signed off. However, next year we will have to look for a replacement firm. I was faced with an invoice of almost £1,300! Three years ago when the firm was a small independent company, Mr Holdstock agreed a discounted figure of £250 which was within his remit. The firm then amalgamated with a much larger firm of Accountants but the original price was retained for the next two years. On receiving this new figure when they completed the Accounts (end of September), I suggested it would have been courteous for them to notify me earlier (April when I took them in) of the new rate and I would have looked elsewhere. After negotiation we settled on a figure of £500 + VAT and I said we would look for alternative Accountants, because as a Charity we cannot afford £1,300. ## **Unit Management Team Structure** The standard Committee structure nationally is adhered to. Ms Susan Coupland Hon Chairman* Hon Alderman Bryan Bradley DL Vice Chairman Ms Tracey Tomlinson Hon Treasurer WO2 (SCC) Sally Green RNR Commanding Officer Capt Derek Chadburn Committee Member/Hon Co of Master Mariners Capt Chris Towne Committee Member/Trinity House Representative • Post of Hon Secretary vacant but covered by the Chairman at present Mr Ben Rose is our Hon Legal Advisor and has agreed to continue within his post. _**I would like to give my personal thanks to the Unit Management Team for their support following David’s departure. Thank you also to the CO & XO for their cooperation during the work carried out on the premises - Just a bit longer please …. for the rendering!**_ ## **Parents & Friends Association** Members are few but thank you to those who turn up to help out with teas/coffees. Big thank you to Mrs Gemma Smith who undertakes Admin/BTEC/Stores and now the Duke of Edinburgh Scheme. Thank you also to Steve Spivey who is our “Mr Fix It” when his shifts allow. **Finally, I again thank you all for working together to re-build, seek new recruits and re-establish our contacts within the community.** ## **HULL SEA CADETS** ## **118 ARGYLE STREET, KINGSTON UPON HULL HU3 1EX** ## **TREASURER’S REPORT AS AT 31 MARCH 2022** **Total Income as at the end of the Financial Year was £38,969 and Total Expenditure was £55,115, resulting in £16,146 expenditure over income. This figure includes £6,160 Depreciation.** ## **Total in the Bank was £39,379.77** **Savings Balance was £32,387.68 made up of £15,000 RESERVES: £10,000 Grant: £3,777.54 Voyages: £3,610.14 Unrestricted Savings** **Revenge a/c £97.12 PFA £905.84** The financial year of 2021-2022 gave us the opportunity of “catching up” with our Projects which included refurbishment of the Heads: Flooring in the Ward Room, Flats and Mess Deck: Repairs to the outside roof and part-collapse of sections in the upstairs Heads and Galley: Additional Security features of the “spikes” along the Argyle Street Wall and also extra security lighting. Some project money had been had been carried over from the **2020-2021 financial year** , when we were in lockdown and resulted in excess Income over Expenditure at that time as we could not carry out works at the Unit. This was later transferred from the Savings account into the Current account when the Projects were completed during the 2021-2022 financial year. As mentioned in previous Reports, the Government Grants were used towards our Projects with the exception of one Grant of £10,000 which we placed in the Savings account as a back-up. Looking at the Income & Expenditure Sheet you will see Grants (unrestricted) £16,667 which included £8,000 Start Up Grant from the Government: £6,000 The Sir James Reckitt Charity: £1,000 Dewhirst Charitable Fund. We are fortunate to receive annual Grants from these two Charities. The Restricted Grants of £3,500 were monies collected for the Heads Project. Looking at the Income & Expenditure under **Building Maintenance £34,541.22 (£4,593.11** ), you will see a big increase from the previous year. The costs of our Projects as well as Maintenance Contracts are included under this heading. ## **PROJECTS:** Refurbished Heads (almost £20,000) Flooring (£9.000) Roof Insulation/repairs (£2,500) Security (£3,696). Against the costs we already had £7,500 towards the Heads, £5,000 towards the Flooring and £4,000 towards Additional Security. Due to the age of our building (over 100 years old) there are constant maintenance issues. ## **Our own Fund Raising** In the two years we have suffered the Covid restrictions, it has been impossible to bag-pack. This Fundraiser brought us in an annual income of almost £4,000 which has been sorely missed. We now have an almost cashless society which has meant a change of tactic. A card reader has been purchased for people wanting to donate by card and we completed a Bucket Collection at a Morrisons Store which resulted in more £537.60. An actual bag pack has been booked at ASDA and another Bucket Collection near to Christmas 2022. This is a promising start. ## **JUST SOME OF THE UNIT MAIN RUNNING COSTS – where the money goes** **Rates** £ 307 * **Heating/Lighting** £2,739 Insurance £2,856 Telephone £ 792 Travel £ 245 **Trade Refuse** £ 547 Minibus Costs £1,298 (This includes Insurance £652 & unexpected costs of £340 for 4 Batteries) **Items highlighted** Council Rates* - because we were part of the Government Grant Scheme, these were cancelled/reduced for this financial year: Heating & Lighting still high even though we were not in the building as much and Trade Refuse was cancelled during lockdown resulting in a lower figure. ## **SERVICE CONTRACTS (which we are obliged to take out)** - £ 360 Annual Service Costs for Security - £ 180 Annual Service for Security Lighting - £ 276 Annual Service for Gas Appliances - £ 360 Annual Service for Fire Alarm (2 x £180) - £ 94 Fire Extinguisher Service - £ 130 PAT Testing Additional Items: - £ 266 Fire Alarm Faults - £180 New Security Lock on door ## **£1,846 TOTAL COST** ## **FUTURE:** **Hopefully we can recoup some funding from our Bucket Collections/Bag Packing this year. We do have generous sponsors in The Sir James Reckitt Charity/Dewhirst Charitable Fund and other donations from Trinity House/Hon Company of Master Mariners/North Atlantic Fishing/All Saints Church Ferriby/Buddies in Boats and not forgetting our Masonic friends. Smaller donations come from other supporters and they all add up. Cadet Subscriptions and Uniform Hire charges have been increased for the first time in many years. This year will be a challenge for the Unit, with costs going up in most sectors, particularly Utilities and Petrol prices.** Report of the Trustees and Unaudited Financial Stat¢m¢nts for the Year Ended 31 Marclt 2022 for Hull Sea Cadets Harris Lacey and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ Hull Sea Cadets Contents of the Financi41 St4tetn¢nts for the Year Ended 31 March 2022 Page Report of the Trustees Independent Exarniner's Report Statement of Fin8ncial A¢tivitie$ Balance Sheet Notes to the FiRaneial Statements 5 to 10 Det#lled Statement of FillanciAI Activities Hull Sea Cadets Report of the Tru$tees for the Year Ended 31 March 2022 The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees hav¢ adopted the provisions of Accountsng and Reporting by Chariiie5". Statement of Recommended Practice applicable to ehariiies preparing their accounts in a¢cordan¢e with the Financial Reporting Standard applicable in th UK and Republic of Ireland (FRS 102) {effective l January 20191. STRUCTURE. GOVERNANCE AND MANAGEMENT Goyerning document The chariry is controlled by its governing document. a deed of trnst and Constitutes an unincorporated Charity. REFERENCE AND ADMINisfRATIVE DETAILS Registered Charily Thurnber 505324 Principal address 118 Atgyle Street Hull East Yorkshire HU3 IEX Trustees M5 S K Coupland Honorary Alderman B A Brddley DL Ms T L Tomlinson Honorary Aldernian D Gemmell OBE Mrs K M Rose {resigned 19.8.211 Chaplain (SCCI D Ha￿lS RNR (resigned 19.8.21) Independent Exarniner Harris Lacey & Swain Harris Laeey and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ Approved by order of the board of trustees on ............... and signed on its behalf by-. Trust¢e Page I Independent Ex8miner'5 Report to the Tru$tee$ of Hull Sea Cadets llldependettt txaminer's report to the trustee5 of Hull Sea Cadets I report to the charity trustees on my examination of the accounts of Hull Sea Cadets (the Trust) for the year ended 31 March 2022. Responsibilili¢s and b3$15 of report As the charity trusiees of the Trust you are responsible for the preparation of the ac¢ounts in ac¢ordanc¢ with the requirements of the Chorities Aci 2011 {'the Act'l. I report in respect of my examination of the TNst's accounts ca￿ted out under section 145 tsf th¢ Act and ID carying out my examination I have followed all applitable Directions given by the Charity Commission under section 145(51(b) of the Act. Independent ex8min¢r's statement I have completed my examination. l confimi that no rnaterial matters have com¢ to my attenti(Trn ID connection with the examinatlQD giving tne cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or the accounts do not accord with those reeords; or the accounts do Trot ¢omply with th¢ applicable r¢quirement5 concernin8 the fom and conteni of atcounts set out in the Charities {Accounrs and Reports) Regulations 2008 other ihan any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns atid have come across no other matters in connection with the examination to which atten¢ion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Harris Lacey & Swain Harris Lacey and Swain Suite I The Riverside Building He5$1e Easi Yorkshire HU13 ODZ Date.. Page 2 Hull Sea Cadets Statement of Fin3nci¥I Activitie5 for the Year Ended 31 Mareh 2022 2022 Toial funds 2021 Total funds Unrestrict¢d nd Restricted fund Notes INCOME AND ENDOWMENTS FROM t)onations and legacies 31,764 3,499 35,263 39,694 Other trading activities Investmenl income 3,705 3,705 1,182 35,470 3,499 38,969 40,887 EXPENDITURE ON Raising funds 49,772 49,772 16,359 Other 5,343 5,343 4,378 Total 55,115 55,115 20,737 NET If4COMEI(EXPENDITURE) (19,645) 3,499 (16,146} 20,150 Tr4Dsfers b¢tw¢¢n funds 10 15,984 (15.984) Net rnovement in funds (3,661) (12.485) (16.146) 20.150 RECONCILIATION OF FUNDS Total funds brought forward 495,052 41,263 532,315 512,165 TOTAL FUNDS CARRIED FORWARD 487,391 28,778 516,169 532,315 The notes fomi part of th¢5e finan¢ial 5tatem¢nts Page 3 Hull Sea Cadets Balanee Sheet 31 Mareh 2022 2022 Totsl nds 2021 Total nds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 443,719 443,719 449,062 CURRENT ASSETS Debtors Cash at bank 380 43,892 380 72,670 28.778 83,253 44,272 28,778 73,050 83,253 CREDITORS Amount5 falling due within one year (600) 1600) NET CURRENT ASSETS 43,672 28.778 72.450 83253 TOTAL ASSETS LESS CURRENT LIABILITIES 487.391 28,778 516,169 532J15 NET ASSETS 487.391 28.778 516,169 532,315 FUNDS Unrestricted fund5 Restricted funds 10 487,391 28.778 491.052 41.263 TOTAL FUNDS 516,169 532.315 The financial statements were approved by the Board of Trustees and authori5¢d for issue ......... and were signed on its behalf by.. on Truste¢ The notes forn) part of these financial statements Page 4 Hull Sea Cadets Notes to the Financial Statements ror the Year Ended 31 M2rch 2022 ACCOUNTING POLICIES Basi5 of preparing the financial st#tements The financial statements of the charity, which 15 a public b¢nefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. StateTnent of Recommended Practice applicable to charities preparing their aecounis in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and th¢ Charitie5 Att 2011. The f]nancial statements have been prepared under the historical cosl conveniion. Income All income is recognised in the Siatement of Financial Activities once the charity ha5 entitlernenl to th¢ fimd5, it 15 probabl¢ that the incotn¢ will be recehved and the amount can be measured reliably. Exp¢Nditure Liabilities are recognised a5 expenditure a5 500n as there is a legal or constructive obligation committing the charity fo that expenditure, it is probable that a transfer of economic benefjts will be required in settlement and the amount of the obl joation can be measured reliably. Expendilure is accounted for on an accruals basis and has been clossified under headings that aggregate all c05t related to the category. Where costs cannot be directly attributed to particular headings they have been allocat¢d to activitie5 on a basi5 consistent with the use of resources. Taxation The charity is exempt from tax on its charitable activities. Fund aeeountlDg Unrestricted funds can be used in accordance with the charitable objectives at the discTetion of the tTUStees. Restricied funds can only be used for particular r¢stTi¢t¢d purposes within the objects of the eharity. Restrictions aris¢ when specified by the donor or when funds are raised for particular restricted PUTP05es. Further explanation of the nature and PUTPOSe of eath fund is included in the notes to the financial statements. OTHER TRADING ACTIVITIES 2022 2021 Badg¢s/untforni Cadets nutty CaTllP51courses 1.388 177 80 925 2,317 3,705 1,182 Page 5 ¢ontinued... Hull Sea Cadets Notes to the FinaneiAI Statements- continued for the Year Ended 31 March 2022 INVESTMENT INCOME 2022 2021 Interest receiYable- trading TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other b¢nefiis for the year ended 31 Mar¢h 2022 nor for the year ended 31 March2021. Trustee5' e%p¢nses There were no trustees, expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donaiions and legacies 36.094 3.600 39.694 Other trading &ctivities Investment income 1,182 1,182 Total 37,287 3.600 40.887 EXPENDITURE ON Raising ￿ndS 16,359 16.359 Other 4,378 4.378 Total 20,737 20,737 NET INCOME 16.5SO 3,600 20,150 Transfers between funds (19,185> 19,185 Net movement in funds (2,635) 22,785 20,150 RECONCILIATION OF FUNDS Total fllttds brought forwArd 493.687 18,478 512.165 TOTAL FUNDS CARRIED FORWARD 491,052 41,263 532,315 Page 6 continued.. Hull Sea Cadets Notes to the Flmsnelal Statements- contlnued lor the Year Ended 31 March 2022 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Marine assets COST Ai l April 2021 and 31 March 2022 400,000 .520 24,950 DEPRECIATION Ai l April 2021 Charge for year 1.472 782 1.647 2,482 At 31 March 2022 2,254 4.129 NET BOOK VALUE At 31 March 2022 400,000 6,266 20,821 At 31 March 2021 400,000 7,048 23,303 Motor vehicles Computer equipment Totals COST At l April 2021 and 31 March 2022 22,000 1.100 456,570 DEPRECIATION At l April 2021 Charge for year 4,180 1,980 209 99 7,508 5,343 At 31 March 2022 6,160 308 12,851 NET BOOK VALUE At 31 Mar¢h 2022 15,840 792 443,719 Ai 31 March 2021 17.820 891 449.062 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Prepaymenis 380 Page 7 continued... Hull Sea Cadets Note5 to the Financial Statements- continued for the Year Ended 31 March 2022 CASH AT BANK 2022 Total funds 2021 Total funds General nd Restricted fund UMC Savings restricted Savings unrestricted Reserves PFA (Nutty) aecount 39.380 39,380 13,778 3,606 15,000 906 37,459 26.263 3,606 15,000 925 13.778 3,606 15,000 906 Totsl 43.892 28.778 72,670 83,253 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE VEAR 2022 2021 Other creditors 600 io. MOVEMENT IN FUNDS Net movemeni in funds Transfers berween fijnds At 31.3.22 At 1.4.21 Unrestricted funds General fund 491,052 {19,6451 15,984 487,391 Restricted fund5 Restricted fund 41,263 3,499 (15,984) 28,778 TOTAL FUNDS 532,315 116,146) 516,169 Net movement in funds, included in the above are as follows.. Incoming resOu￿e5 Resources ¢xpeDded Movement in funds Unrestricted funds General fund 35,470 (55,115) (19,6451 Restricted funds Restricted fund 3,499 3,499 TOTAL FUNDS 38,969 (55,115) (16.146) Page 8 continued... Hull Sea Cadets Notes to the Financial Statements . continued for the Year Ended 31 March 21122 MOVEMENT IN FUNDS- eontinued Comparatives for movement funds Net movemeni in funds Transfers between funds Ar 31.3.21 At 1.4.20 Unrestricted funds General fund 493,687 16.550 {19,185) 491,052 Restricted funds Restricted fvnd 18,478 3,600 19,185 41.263 TOTAL FUNDS 512,165 20,150 532,315 Comparative net movement in funds, in¢luded in the above are as follows". Incoming resources Resources expended Movement in fijnds Unrestricted funds G¢n¢Tal fund 37287 {20,737) 16.550 Restricted funds Restricted fvnd 3,600 3,600 TOTAL FUNDS 40.887 {20.737) 20.150 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds Trdllsfers between funds Ai 31.3.22 At 1.4.20 Unrestrieted funds General fi]nd 493.687 (3,095) (3,201) 487,391 Restricted funds Restricted fund 18.478 7,099 3,201 28.778 TOTAL FUNDS 512,165 4.(KJ4 516.169 Page 9 ¢ontinued... Hull Sea Cgdets Notes to the Finaneial Stattrntnts- continued lor the Year Ended 31 Mgrch 2022 io. MOVEMENT IN FUNDS- continued A ¢urrenl year 12 month5 artd prior year 12 months combined net movement in fijnds, included in (he above are as follows.. Incoming resou￿¢5 Resources expended Movement in fvnds Unrestricted IuDds General fund 72,757 {75.852) (3,095) Restrieted funds Restricted fund 7,099 7,099 TOTAL FUNDS 79.856 {75,852) 4.004 RELATED PARTY DISCLOSURES Th¢r¢ were no related party transactions for the year ended 31 March 2022. Page 10 Hull Sea Cadets Detalled Statement of Flnanelftl Activities for the Year Ended 31 March 2022 2022 2021 INCOME AND ENDOWMENTS Donatlons and legaeles MSSC payments Donations Grants (restricted) Grants (unrestricted) Subscriptions Fundraising Sundries 1,008 6,560 3,500 16.667 6,410 815 303 1.465 3,878 3,600 24.732 5,744 275 35.263 39.694 Other trading aetivÉties Badgesluniforn? Cadets nutty Catnps/course% 1.388 177 80 925 2.317 3,705 1,182 Investment income Interest receivable- trading Total incoming resources 38,969 40,887 EXPENDITURE Other trading activities Cadets nutty Campslcourses 435 3,264 1,530 3.699 1,620 Other Plant and machinery Fixtures and fittings Motor vehicles Compuier equipment 782 2.482 1.980 99 782 1.517 1.980 99 5,343 4,378 Support costs Management Trade refuse Business Tates Insurance Carried forward 461 307 3,129 3.897 247 243 2,789 3,279 Thi5 page does not forni pan of the statutory financial 5tat¢ments Pagell Hull Sea Cadets Detalled Statement of Financial Activities for the Year Ended 31 March 2022 2022 2021 Management Broutsht forward Light and heat Phonelinternet Copier stat Travell￿e[ Sundries Minibus Building n￿intenance Equiptnent 3.897 2,826 792 3,279 2,389 747 178 30 1,649 1.603 4,593 271 339 1,087 553 35,251 300 45,045 14,739 Other 2 Advertlsing 188 Goyernanee Costs AccouRtancy and legal fees Total resources expended 55,115 20,737 Net (expenditur¢)lincom¢ (16,146) 20.150 This page does not fom) part of the siatutory financial statements Page 12