2025-03-31-accounts - Hull Unit Of The Sea Cadet Corps

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HULL SEA CADETS 118 ARGYLE STREET KINGSTON UPON HULL HU3 1HX

TREASURER’S REPORT AS AT 31 MARCH 2025

Total Income as per the Accountant’s Report as at the end of the Financial Year (31 March 2025) was £34,848 (£46,583) and Total Expenditure £36,484 (£37,274) resulting in £1,636 Expenditure over Income. Depreciation was £5,717.

TOTAL IN THE BANK £73,405.45 SAVINGS £16,531.35 * RESERVE ACCOUNT £15,000 REVENGE A/C £97.12 PFA £622.28

Savings account comprises of £10,000 (Contingency a/c) – which is earmarked for additional security fencing
£1,952 (Radio Project)
£4,579.35 (Savings without restriction)

RESERVES - £15,000

We continue to retain £15,000 in our Reserves for emergencies. Due to our dependence on Grants and Donations, the Committee feel it is important to have this money available to maintain our day-to-day obligations should this source of funding ease and we are unable to pay our bills.

SOME EXAMPLES OF HOW WE SPENT AND EARNED OUR MONEY TO 31.3.25

INCOME Donations £9,820.16 (£19,405.60) Fundraising £3,719.49 (£3,159.44) Grants Unrestricted £9,500 (£6,000) Cadet Subs £8,501 (£9,705.10) Badges/Uniform £875 (£1,055) Camps/Courses £8,005.81 (£2,229.57) Sundries £191.90 (£820.59) MSSC Payments £2,088.84 (£1,682.72)

EXPENDITURE Business Rates £338.60 (£318.22) Utilities £4,912.09 (£5,785.77) Insurance £3,961.30 (£3,711.70) Phone/Internet £1,133.74 (£911.78) Travel/Fuel £1,086.13 (£1,307.99)

Camps/Courses £9,003.12 (£3,227.79) Cadet equipment inc uniform £133.72 (£2,069.63) Major Equipment Purchase £2,332.85 (£600) Building Maintenance £6,902.89 (£13,025.20) Sundries £2,585.87 (£1,950.32)

Looking at the figures above you will see that we have been extremely fortunate to be recipients of many personal donations from people/organisations who support our work with the Cadets. Our main supporters are the Sir James Reckitt Charitable Trust: The Dewhirst Charitable Trust: Trinity House: ABP. We acknowledge the generosity of the Masonic Charities and the work of our Cadets who undertake the Stewarding Duties required. We also undertake many bag packing duties during the course of the year to help bring in money.

Regarding Expenditure: We spent quite a bit on Building Maintenance (cleaning/repairing guttering): Work on the Male Heads: General Maintenance:

Minibus costs were high due to problems which were finally resolved and Section 19 payments plus Insurance costs.

Cadet equipment: Purchase of Radio equipment for our project.

Camps/Courses: Payments re Tall Ships etc.

Service Contracts: We have to take out these Contracts which are quite expensive. Gas/Electric/Security/Fire – If not, the MSSC could close us down.

Bag Packing: We do as many bag-packs as we can to support ourselves. It does become more difficult each year as Stores reduce the number of tills. However, we maintain good relationships with Community Champions which is “key”.

As we enter the new financial year we are going to spend the £10,000 Contingency money on additional Security Fencing and work begins on repairs to the Boatshed/Workshop.

Registered number 505324 Hull Unit of the Sea Cadet Corps Report and Financial Statements 31 March 2025

Hull Unit of tho Sea Cadet Corps Report and accounts Contsnts Page Chaiity Information Truste88' Report Independent Examiners Report Stat8m8nt of Financial Activities Statam8nt of Flnancial Position ststement of Changes In Charltable Fund6 St8tarn8nt of Cash Flows 10 11 Notss to the Flnanclal Statements 12 Detailed Statement of Financial Activities 17 Detail Income and Exp8nditure Account 18

Hull Unlt of the Sea Cadet Corps Charity Inforniation Trustees Ms. Susan Coup18nd (Hon. Chalrman) Hon. Alderman Bryan Bradley, DL (Vice Chaiman) Ms. Trac8y Tomlinson (Hon. Treasurer) C8Ptaln Derek Chadbum, Msc Captain Chrfs Towne Independent examlners Jad(sons Chartered Accountants Flrst Floor. Alblon HcMJ8e Albion Street Hull HU1 3TE Bankern Barclays Bank UK plc 1 Churchill Place London E14 SHP Regl8teYed offl¢e 118 Argyle Street Hull East Yorkshlre HU3 1EX Reglstered number 505324 Governlng document Constitutlonlmemorandum of Under8tsnding between the MSSC and the Ministry of Defence

Hull Unlt of the Sea Cadet Corps Reglstered charity number: 505324 Trustees, Report for tho year ended 31 March 2025 The trustees present their report and financial stat8ments for the Charity for the year ended 31 March 2025. Tha financial statements hava been prap8red und&r the historical cost conventlon and in accordance with the Statement of Recommended Practice (SORP).. Accounting and Reporting by Charltles preparing their accounts in accordance with the Financlal Reporting Stsndard applicable in Ihe UK and Republic of Ireland (FRS 102) issued on 18 July 2014 and the Financlal Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021 and the Charitles Act2011. Prlnclpal actlvltle8 Tha Charftys prlncipal actlvlty during the year corrtlnu8d to bg offaring a range of water and land- based activiti68 in line with the tradition and custom8 of the Royal Navy. The nautical focus shapes th8 behaviour and disclpllne of our young people and Is dlstinct from other youth groups off6r8d by schools. Our ethos is to encourage high 8t8ndards of behaviour, which can help young people engag& in education and positively shape thelr future. Objectlves and aCtitleS The prfnclpal obJectlve31activltles of the Charity are for young peoplè to galn: Ilfe skllls.. self-confldence, leadership, teamwork. communication, citizenship, Innovation; valugs., respact, loyalty, self-discipline, commitment, honesly & Integrity., quallflcatlons.. BTEC, Duke of Edinburgh, Natlonal Goveming Body. an incr88se of job prospect8; nautical ski113.' boating, sailing, off-shora voyages In tr£lnlng ship,. and n8w frlendshlps as well a3 becoming a valuable m8mb8r of soclety. We have referred to the Charity Commlsslon's general guidance on publlc bangfit when reviewing our aims and obj8Ctlves and In planning our future actlvltles. In particular, th& trustees consider how planned activities will contribute to the aims and objectives we have set. Wa exist to seNe people In our community wlthout discrfmlnation. We strive to promote soclal welfare through the provision of facllltles aimed at improving tho soclal and physlcal wellbeing of those in our local communlty. The Charity provid88 8 safe worklng environment for visitors, members, workers and volunteers and any s8Mous Incidences are reported In accordance wlth our 8afeguardlng policy. Thgrè were no sertous incidènts durlng the year ended 31 March 2025. Tho Charity raises funds from the public in th8 form of voluntary donatlons from b8nefactor8 (supporters) in the form of personal donations or when cadets undertake Stewarding Dutses and our Masonlc friends glve a donatlon to the Unit. We do have a few Grants which are awarded to us annually to help with the running of the Unit. We also undertake Bag Packing events at local stores.

Hull Unlt of the Sea Cadet Corps Reglstered Gharlty number: 505324 Tru3tees' Report for the year endod 31 March 2025 Th8 Charity do88 not use the services of a professional fundraiser or commercial p8rticipator in the process of raising funds. Also, the Charity (or any person acting on its behalo is not subject to any voluntary schema for r8gulating fundraising, or voluntary standard for fundraising in respect of activiti8s on behalf of the Charity. Th8 Charity (or any person 8Ctlng on it8 b&h81fj has not raceived any complaints in regard to its fundraising activities. Actlvities duri the ar Tha followlng aGtlvltles were Cale Out durfng Ihe year.. clvic events throughout the Cily and East Riding of Yorkghira. stèwarding to raise mon8y for the running of the Uni( helping other charities (i.e, Roy81 British Legion, Lost Trawlemen of Hull Sgrvice, Independent Merchant Navy Associatlon, Falkland Veteran8>; waterborne activltie8 and camplng 8t Welton Waters training courses for Int8mallylext8mally accredlted quallficatlons (for example. BTEC-level diplomas and Duke of Edlnburgh awards) off-shore voyages ¢M Sea Cadet Tralnlng Shlp3' trainlng weekends at the Unlt., drfll competitlons,, and Bag Packing events. Flnanclal revlow rinci ourc offu Tha larg8st contribution to the Charlty Is usually from the Slr James Reckltt Chariiabl8 Trust (for £8,000). The principal source of funding remalns as donatlons, subscriptions and grants. The Charity incurred a daficit of £1,636 for the financial year. At 31 March 2025, Ihe Charlty held total funds of £535,750,. £105,655 of which was cash at the bank and in hand. (The rest is the valua of fixed assets, £430,511, le88 creditors of £720.) This, In all, is consid6red to be an appropriate level of funds to enablo th8 Charity to pursue ils objectives. The trustees have a forecast of the lavèl of fr88 r8SoNas, (that is, those funds not tled up in flxed assats) that the Charlty will requir8 to sustain its day-ti>day obligations. Whllst our actual fr8e re8erves may prove sufficlent, It Is the trustees, viaw that it is prudènt to malntaln the forecasted level of rosarves to allow for financlal flfrxlbilily 8nd stsbllity In light of the Charity'8 dependence on grants and donatlon8. Inv8siment olic The trustees have adopted a strong, soclally responsible investrnent policy for the reserves of the ChaTily. Thls policy, in tandem with the n8ed to fulfil our statutory obligations, has ihe objectlve of investiThJ in such a way that the prlnclples of socially responsible investment are promoted. A further factor is the need to have ready access to our reserves (as lon&tenn fundlng cannot be guaranteed) so, for the current period, we have placed SUru8 funds In the Charity's bank current account.

Hull Unlt of the Sea Cadet Corps Reglstered charfty number: 505324 Trustees, Report for the year ended 31 March 2026 mana The trusteas actlvely review, on a regular basis. the major risks that the Charlty faces in maintaining reserves at the levels detailed above; in addition to an annual reviaw of the controls over key financlal systems carried out through an intern81 audlt proc&ss. Int8rnal control risks are minimised by authorisation procedures for 811 financial transaciions. Pollcies and proceduras are in place to ensure compllance with health and safety regulations by. and for, staff, volunteers and visitors. Th• trustees have al80 examinad other operational and bu8ine88 rlsks which w8 face and confimi that they have taken 8teps to mitigate any 8lgnificant risks. structUM• govemance and management ve in Hull Unlt of the Sea Cadet Corp8 is a charitable organlsation that has been running In Hull since 1914 and was registered as a chartty in 1978. The Marine Society and Sea Cadets merggd and Ihe Charlty is governed by a ConstitutionlM8morandum of Understsnding betwaen the MSSC and tha m11&ty of Defencè (MOD). Around 400 Units then becama separate charttle8 (funding them8elve3) wlth the MSSC as thelr goveming body. Th8 Charlty trades a8 'Hull Sea Cadets,. E8ch unlt has unlfomed st8ff headed up by the Commanding Officer (CO) The Unit Management Team (UMT) are °clvilians" and are responsible for Ihe malntenance of Ihe Unlt, payment of bills, providing equipment. We are a small team headed up by the Chairman who has ultimate responsibility for th8 Unlt. To be effective, the CommandSng Officer and Chalrman have to malntsin a good working relationship. We have an Executlve OfflGer who is second to the CO and an Operatlons Offlcer who organisès events In conjunction wllh lh8 CO and UMT. We also have a Royal Marines Detsthment headed by a Detachment Cammander. Voluntee Volunteers (staff and UMT) do not ggt Pald and willingly glve up their fr68 time - without them the Unit would not be able to operate. There wer8 11 volunteers, excludlng truste88. throughout Ihe year who aided in the runnlng of Iho Charity. toftr stee Cadats can see our Wèbsite, sign up onllne and then visit lh8 Unlt. Staff are very often from a naval background or volunteers who just want to slgn up as Instructors. Trustees for UMT are harder to find and usually are approached by the team if we consider them a suitable candidats. There were no new or additional truste8s r8cruited in the year to 31 March 2025.

Hull Unlt of the Sea Cadot Corps Reglstsred charlty number: 606324 Trust?es' Report for the year ended 31 March 2025 Truste inin Most Induction and Tr81ning is now done online and monltored by Tr4Q. All the ne$sary Safeguarding traininglDBS has to be completed before staff are allowed near the Cadets. New trustees are encouraged to famlliarise themsalves wilh charity law. thelr r88pon8ibilities as trustees and with th8 Charity's rules and practices. These cover.. th8 obllgatlons of Trustee Board., the operational framework for the Charity; the curr8nt financial p08itson and revenu8 generatlon., and fLrture plan8 and obJectlve8. Trustegs followlng pers¢M8 served as trustees during the year.. Ms. Susan Coupland (Hon. Chairman) Hon. Aldeman Bryan Bradley, DL (Vic8 Chalrman) Ms. Tracey Tomlinson (Hon. Treasurer) Captain D6rek Chadbum, Msc Captaln Chrls Towne Tru8tee8' re8pon81blllt1è8 The Trustae8 are rèsponsible lor k8eping accounting record8 which disclose wlth reasonabl8 accuracy the flnanclal posltlon of the Charity and enable them to ascertain lo ensure that the accounts comply with th8 Charltles Act 2011 and the provisions of the trust deed. Th8y are also responslble for safeguarding the assets of the Charity and hence lor taking reasonable 8teps for the pr8v8ntion and d6t8Ctlon of fraud and other Irrogularltles. Tha Trustèos are responslblé for the maintenance and Intsgrlty of th8 Charity and financial informatlon Included on the Chartty's website as well a8.. 8) to prepare financi81 statements which show 8 true and fair view. b) in preparing financ181 st8t8ments', (l) to select suitable accounting pollcles 8nd apply them on a con8lstent b8816,' and (li) to m8ke judg8m8nts and 6stimates that are prudent and reasonable. a6 W811 as c) to keep proper accounting records.

Hull Unit of the Sea Cadet Corps Reglstered charity number: 505324 Trustees, Report for the year ended 31 March 2025 Dlsclosure of Informatlon to Independent examlner6 Each person who was a trustee at the tlme thls report was approved confinns that.. so far as he is aware, there Is no relevant audit infom8tion of which th6 Charity's independent examlner Is unaware; and • he has taken all the steps thai he ought to have taken as a trustee in order to mak8 himself aware of any relevant audlt infomation and to establish that the Charity's indapendent examlner 16 aware of that information. Thls r8port was approved by the board on 11 June 2025 and slgned on its behalf. Ms. Susan Coupland (Hon. Chalman) Trustee

Hull Unlt of the Sea Cadet Corps Indepondent Examlnerfs Report to thè members of Hull Unit of the Sea Cadet Corps l Feport to the tTUStees on my exarnination of the accounts of the 8bova charlty ('the Charitl) ft)r Ihe year ended 31 Marth 2C25 whlch ar8 set out in pages 1 to 19. Re8pon8lbllltles and ba8ls of report As the Charlty's trusteeg, you are re8ponsibl& for the prep8ratlon of th8 accounts In accordanca with the requirements of the Charitie8 Act 20111'th8 Act,). I report in respect of my examlnation of the Charlly's accounts carrled oul under 88Ctlon 145 of tha 2011 Act and in carrying oul my examination, I hava followed all the applicab Dir8ctlon8 givon by the Charlty Commission under section 145(5)(b) of the Act. The Inancial 8tatements have been prepared under the historlcal cost conventlon and in aGcordance with the Statement of Recommended Practlce (SORP).. Accounting and Reporting by Charities preparing their aexounts In accordance with the Financlal Reporting Standard appllcablè in the UK and Republlc of Ireland (FRS 102) i88uod on 18 July 2014 and the Flnancial Reportlng Standard appllcable in the United Kingdom and Republic of Ireland (FRS 102) 8nd the Charftles Act 2011. Independent examln¢f8 Statement I have completed my examlnation. I confirm that no material m8tters have come to my attentlon in connecdon wlth th8 examlnatlon whlch gives me cause to b8li8Ve that in, any material respect: thg accountlng records were not kept in accordance wlth section 130 of the Charitles Act., or th8 accounts did not accord with ttts accounting record8; or • Ihe accounts dld not comply with the applicable requlrements concemlng th8 form and content of 8coount8 Set out In the Charftles (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a 'true and falrf view which Is not a matter consldered as part of an independent examlnation. I have no concern8 and have come across no other matters In connection with the examinats'on to which attention should be drawn in this report in order to enable a proper under8t8nding of the accounts to be reached. Math Jackson (Senior Statutory Auditor) for and on behalf of Jacksons Chartered Accountants First Floor. Albion House Albion Street Hull HU1 3TE 11 June2025

Hull Unlt of the Sea Cadet Corps statement of Flnancial Actlvltles for the year ended 31 March 2025 Notes 2025 2024 Income from charltable actMtle$ 21,954 32,279 Expenditure on charitablè actlvltl88 (1,381) (3,507) Net operatlng Income 20,573 28,772 Administratlve expens88 Other operating income 135,103) 12,40e 134.872) 12,059 Opèrntlng (deficlt)Isurplus (2,124) 5,959 Interesl r8ceiv8ble 488 Movement In fund•: Net lexpendltur¢ylncom• 1,636 Reconclllatlon of lund8 N8t movement in fund8 Totsi funds brought forward {1,83e) 537,386 5,959 531,427 Total fund8 carrlod forward 537 386

Hull Unlt of the Sea Cadet Corps Statsment of Financlal Posltlon as at 31 March 2025 Notes 2026 2024 Flxed assets Tangible assgts 430,511 436,228 CuTrent assets Debtors Cash at bank 304 105,655 105,959 358 101,522 101,878 Cr6dltor8: amounts falllng duè thln one year (720) {720) Net current a88ets 105,239 101.158 Net assets Funds of the charlty Unrestrlcted funds R8Strlcted funds 518.292 17,458 521,787 15,619 Total charfty funds 535 750 537 386 Ms. Susan Coupland (Hon. Ch8lrman) Trustse Approved by th8 board on 11 June 2025

Hull Unlt of thè Sea Cadèt Corps Statement of Changes In Charltsble Funds for the year ended 31 March 2025 This SGhedule does not form part of the statutory 8ccounts Income and Expenditure account Totsl At 1 Aprll 2023 531.427 531,427 sU1s for the flnancl81 year 5,959 5,959 At 31 March 2024 537,386 537,386 At 1 Aprll 2024 537,386 537,386 Daflclt for the financial yèar (1,638) (1,638) At 31 March 2026 535,750 535,750 10

Hull Unlt of tho Sea Cadet Corps Statement of Cash Flows for the year endod 31 March 2026 Notss 2026 2024 Operatlng aGtlvltle8 (Lossyprofit for the financial year (1,636) 5,959 Adjuslmants for.. Interest recelvable Depreclalion Decreasel(increase) In debtor? {488) 5.717 52 3,645 3,995 9,918 Interest received 488 Cash generated by operating activities 4.133 9,918 Investlng aetMtle8 Payments to acgulre tangible flxed assets (eoo) Cash used in investing activities 600 Not cash generatod Cash generated by operating actlvltles Cash used In Insting actlvltles 4,133 9,918 (600) Net cash generated 4.133 9,318 Cash 8nd cash equivalents at 1 Aprfl Cash and cash equivalents at 31 March 101,522 92,204 101,522 Ca8h and ca8h 8quivalents comprlse: Cash at bank 11

Hull Unlt of tho Sea Cadet Corps Notes to the Flnanclal Ststemonts for the year onded 31 March 2025 I Summary of slgnlflcant aGGountlng pollcles Basls of preparntlon The financial statements have been prepared under the historfcal cost convention and in accordance with the Statement of Rec<)mmended Practice (SORP): Accountlng and RePong by Charities preparing their accounts In accordance with the Financial Reporting Standard applicabl8 in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in th8 United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The charlty conslltut68 a public benefit entity as definéd by FRS 102. Income All Sncome is recogni88d in the Statement of Financial A¢tiviti88 once the Chan'ty has 8ntitlemenl to the funds, it is probable that the income 11 b8 r8c8lved, and the amount can be measured reliably. Donated good8 and 3ervlce8 are recorded at thelr expected COSL Tanglble fixed assets Tangible fixed assets are measured at cost less accumulative dgpreclatlon and any accumulatlve Impalrment Ioss8s. Depreclatlon is provided on all tangible fed assets, other than freehold land, at rates calculated to write off the cost, less 88tlrnaied re8idual value, of each 888et evenly over it8 expected useful lifè, as ft)Ilows'. Land and bulldlngs Plant and machinery Motor vehicles at a rate of at a rate of at a rate of 10% 10% ovar 10 years of the net book value Dapreciation Is not provlded on freehold buildings because the residual value of tho buildlngs at the end of thelr useful Ilfe 18 expected to be higher than its cost or valuatlon. Short term debtor8 are measured at transactlon prf¢e (whiehlg usually the invoice prlce), lass any Impalmient losses for bad and doubfful debts. Loans and Ottrr financial a888ts are Inltlally recognised at transaction price including any transaction costs and subsequently measur8d at amortised cost d8termined using thè effective Interest method, less any impaimeni108ses for bacl and doubtful debts. Credltors Short te credltors are measured at transaction pric8 (whlch is usu8lly the Invoice price). Loans and other financlal Ilabllllles are initially recognls8d at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxatlon The charity is exempt from taxation under sections 521 to 536 of the Income Tax Act 2007 IITA 2007). Fund accounting.. restrfcted and unrnstricted funds Unr6slrict&d funds can be used In accordance with th8 charitable obj8Ctives 8t the di8cretlon of Ihe trustees. 12

Hull Unlt of tho Soa Cadet Corps Notes to the Flnanclal Statements lor the year ended 31 March 2026 Restricted funds can only be used for particular r8Strlcted purposes wlthln the objects of the Charity. Restrictions ari88 whan specified by th8 donor or when funds ar@ raised for partlcul£r r8slricted purposes. Further explanation of th8 nature and purpo88 of each fund IB included in the notes to the flnancial statemènts. Golng concern The accounts have been prepared on the golng concern basls, which 8ssum88 that th8 Charfty wlll be In operational existence twelve months from the date of approval of these accounts. The trustee8 are satlslled that thls ba8i818 appropriat8. There are no materlal urKert8lnties. Provisions li.e. liabilltles of uncertaln tlmlng or amount) are r8cognl8ed when there is an obllgatlon at the raportlng date 88 a result of a p88I event, It Is prob8ble thal economic b8neflt will be transferred to Settle the obligation and the amount of the obligats'on can bo estlmated Penslons Contributions to defined contribution plans ar8 expensed in the p70d to whlch they relate. Government grants The accru81 mod81 (FRS 102 24.5CQ) was applied In producing the88 accounts: therefore grants wore recognised as either relating to revènue (over the perlod In whlch the Charlty reccgnises the related costs for whlch the grant wa8 intsnded to compensate) or rèlating to assets (over th8 expeGt8d useful lrfè of the asset). 2 Analy813 of Income from charltable actlvltle8 2026 2024 Glfts, donatlons and pledges Cadet subscriptions Other contrlbutlon8 9,734 8,501 3,719 21,954 19,415 9,705 3,1Sg By goographical market,. UK 21.954 32,279 3 Operatlng (dellcltysurplus 2026 2024 This is stated after charging: Depreciation of owned fixed assets 3.995 13

Hull Unit of the Sea Cadet Corps Notes to the Flnanclal Statoment8 for the year ended 31 March 2025 4 Role played by genoral volunteers Volunt8ers play a vital role in the running of the Charity 8nd thair contrlbution help8 the Charity achieve its objectives. S Tanglble flxed assets Land and bulldlngs Atcost Plant and maehlnory At cost Motor vehlcle8 At Gost Total Co8t or valuallon At 1 Aprll 2024 At 31 March 2025 400,000 400,000 35,170 35,170 22,000 22,000 457,170 457,170 Depreclatlon At 1 April 2024 Charge for the year At 31 March 2025 11,933 3.517 15,450 9,009 2,200 11,209 20.942 5,717 26.859 Canylng amount At 31 March 2025 400,000 430511 At 31 March 2024 12,991 436 228 6 0•btorn 2025 2024 Othèr debtors 304 358 7 Credltoro: amount8 falllng due wlthln one year 2026 2024 Trado craditor8 720 720 8 Fund8 2026 2024 At 1 April Net {expenditure)Iincome for the flnancial y88r 537,386 {1,636) 531,427 5,959 At 31 March 535,750 14

Hull Unlt of the Sea Cadet Co Notes to the Flnanclal Statements for the yèar ended 31 March 2025 Reserves 2023 2024 Re8trlcted and unrestrlcted funds At 1 April Unrestrictsd funds Restrictsd funds 521.767 15.619 517,241 14,186 Net Incom& for thé financial year Unr8striGÉ8d funds RestricÉ8d funds (3,475) 1.839 4,526 1,433 At 31 March Unwlrfcted funds RestriGted funds 518,292 17,458 521,767 15,619 Total funds carrt8d fornard 535 750 Unreslricled funds are avallable for use at th8 di8cretion of the trustee8, in order to further the charlty's objectiV88. The restrlcted funds as dgtailad above have been set asideldesignated for use in refurbishment of tho building ( the Unit"). 9 Analy818 of net amets between fund• Unrnstrlcted Restrfcted funds funds 2025 2024 Fixed assets Current assets Currant liabilitles 430,511 88,S01 (720) 430,511 105,959 {720) 436,228 101,878 (720) 17,458 518292 17,458 535,750 537 386 10 Related party transactlons No Irustees were pald any remuneratlon (comp8nsatlon) or recelved any other benefits from employment with the Charity or 8 relaied entity nor dld any Irustae claim expenses or had their 8XP8nse8 mat by th8 Charlly. 11 Presentatlon currency The financ181 statements are presented in Sterling, rounded to the nearest pound 1£). 15

Hull Unlt of the Sea Cadet Corps Notes to tho Financlal Statements for tha year ended 31 March 2025 12 Legal forni of entlty and wunty of Incorporatlon Hull Unlt of the Sea Cadet Corps is an unincorptxated charity and registared with the Charity Commission for England and Wales. 13 Prlnclpal place of bu8lne8s The address of the chartty's princlpal plac6 of business and reg18tsred offlce Is: 118 Argyl8 Str88t Hull East Yorkshlre HU3 1EX 16

Hull Unlt of the Sea Cadet Corps Detailed Ststsment of Flnanclal Actlvltles also Income and Expenditure Account for the year anded 31 March 2025 Nots8 2025 2024 Income from charltable actlvltles Glfts, donations 8nd pledge8 Cadet subscriptions Other conlributions 9,734 8,501 3,719 19,415 9,705 3,159 32,279 Expendlture on charltablo actlvltles Cadet nutty (Tuck shop) Cad8t8.' Camps and courses Cadets.. Uniforms and equipmenl Gifts and donatlons Catering and Ix)swtallty (18) (998) (2,105) (136) 250) (3,507) (997) 1134) 250 (1,381) Net operatlng Incom• 20,573 28,772 Administrative expenses Support costs Govemance costs Other oparating income (34,383) 1720) 12,406 {33,612) (1,280) 12,059 Operatlng Idellclt)1gurplus (2,124) 5,959 Interest rec8ivabl8 488 Movement In lundg. (Daficlt)Isurplus 5,959 17

Hull Unlt of the Sea Cadet Corp8 Detalled Income and Expendlturn Account for tho year •nded 31 March 2026 2026 2024 Income from charltable actlvttles Gifts, donations and pledges Cadet subscriptions Other contributlons 9,734 8,501 3,719 21,954 19.415 9,705 3,159 32,279 Expendlture on charltable actMtle8 Cadet nutty (Tuck shop) Cadets: Camps and courses Cadets: Uniforms and equlpment Gifts and don8tion8 Catering and hospltality 18 998 2,105 997 134 250 250 Admlnlstratlve expenses Volunteer costs.. Staff tralning and welfare Travel and subslstenco Motor expenses 18 1,352 1,914 3,284 1,088 6,062 7,148 Premlses costs.. Storage rental Rates Light and heat 350 954 5,788 1,059 4,912 5,971 General admin18trallve 8XP8n8es; Tel&phone and intemet Postage Statlonery and prlnting Subscrlptions Inswance Equlpment expensed Repairs and maintenance Depreclatlon Sundry expenses 1,134 912 30 163 100 3,712 795 13,248 3,995 283 23,238 85 3,961 2,333 7,028 5,717 1,026 21,264 Support costs 34,383 33.612 ve cè Lggal and professlonal Gosts". Independent examinatlon fees Other legal and professional fees 720 720 540 Governance costs 720 1,260 Administrative 8XP8nses 35,103 34,872 18

Hull Unlt of the Soa Cadet Corps Detalled Income and Expendlture Account for the year ended 31 March 2025 2025 2024 Other op•ratlng Income Grants received Other income: 8adgeslUnifomis Other incom8: VoyageslMSSC training Other operatlng in¢t)me 9.500 875 1,839 192 8,500 1.055 1,883 821 19

Registered number 505324 Hull Unit of the Sea Cadet Corps Report and Financial Statements 31 March 2025