2022-03-31-accounts - Coventry Unit Of The Sea Cadet Corps

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SEA CADETS AYE Coventrx Sea Cadets Annual Revlew 2021- 2021

We help young people to launch well into today’s world. Through a different kind of adventure, Coventry Sea Cadets helps teenagers to develop into young people who can launch well in life, so they can cope with today’s world and thrive in it.

Over the next 5 years we are committed to delivering the following:

➢ A full programme of training and activities that is accessible to our cadets
Ensuring our equipment is properly maintained and is safe to use

➢ Continuing to support our volunteers who make it all possible

Seek to have the right balance of trained volunteers within the Unit
Ensure flexible training for our volunteers so they meet the MSSC’s standards.
Ensure our volunteers are enjoying their Sea Cadeting experience.

➢ Continuously improving the quality of our training delivery to both cadets and adults

➢ Continually improving how we work and operate

Continuing to ensuring safety is paramount
Ensuring we have resources to support delivery
Maintain our excellent communications within the Unit
Deliver the commitments of the MSSC and Sea Cadet Values.

➢ Continue to develop and maximise our Recognised Training Centre (RTC) status with the RYA.

CONTACT US:

Training Ship Coventry Sea Cadet Corps 74 Crescent Avenue Coventry CV3 1HE

024 7643 1602

 unit@coventryseacadets.org.uk  www.coventryseacadets.org.uk

Patron:

His Majesty the KIng

Admiral of the Sea Cadet Corps: HRH The Princess Royal

Honorary President of Coventry Sea Cadets: The Lord Mayor of Coventry

Coventry Sea Cadets is a Charity registered in England and Wales. Number 505694

The last 12 months have been about rebuilding the unit and starting recovery following the Pandemic. This has included ensuring the unit facilities are as they should be, looking at ways to increase the monthly income to cover overheads and to look at recruitment.

Financially, we have managed to maintain our strong reserves through the successful application of Gift Aid going back 4 years alongside a grant kindly awarded to us. With a drop in monthly income though from less cadets on the books, and with ever increasing outgoing costs, we know that things will continue to be challenging. Therefore, we will continue to focus on applying for grants to keep the balances steady for the next 12 months.

Within the unit itself, the Commanding Officer, Lt Emma Ryder and her leadership team have been prioritising recruitment both for adult volunteers and cadets. They were successful in recruiting 4 new volunteers and with some new cadets. However, as the older existing cadets have turned 18, this means that looking for new young people to join remains the priority for the next 12 months too.

Trustee numbers have remained stable but to ensure we move forward and can overcome any future challenges; I will also be looking to find additional trustees to particularly support with the fundraising element of the role. At this point I would like to publicly thank Martin Webb who sadly stepped down as a Trustee in April and will be a great loss to the Unit. Martin’s vast experience in many positions held including Chair and District Chair were invaluable to us and we wish him well for the future. We also welcome Rev Claire McArthur to the Unit who has joined as the Unit Chaplain and has already brought some great ideas and enthusiasm and we are really excited to have her on board.

One of our main responsibilities as Trustees is to ensure the facilities are suitable and adequate for the Unit activities. Therefore, in the last 12 months following previous redecoration, we agreed to purchase a new outbuilding to act as the Boats Office. The building is to house all relevant paperwork and equipment so all in one secure place. It also means we can remove the old and damaged wooden sheds which weren’t secure or damp proof.

We also replaced the gas/heating pipes under the unit following an issue with a water leak. Massive thanks to L J Darby and Son Ltd who did a brilliant job for us, Stef Wells at BSS Industrial for his support and our own Jeff Ryder and Les Webb who spent lots of their own time working on the project through to completion.

Future plans with facilities also include looking at our vehicles with the aim to hopefully upgrade where we can. This will only be possible though with grant funding as we need to manage

the unit finances tightly with overheads higher than income currently.

As we now move into a new financial year, our priority is to support Lt Ryder and her team with these plans to rebuild the unit numbers. We also can’t assume Covid has fully disappeared so will need to keep an eye on all guidelines and ensure we maintain best practices to remain safe and healthy.

Overall, it just remains for me to thank my fellow trustees for their ongoing support, Lt Ryder and her team for their hard work and dedication, and finally the cadets and parents themselves for continuing to come along each week with their enthusiasm and energy which makes the unit the success it is.

Lynne Crosbie | Chair of Trustees TS Coventry SCC

We have emerged slowly from the confines of COVID restrictions and find ourselves and our unit in a very different place. Our oldest cadets have “aged out” over the last twelve months, leaving a much younger unit with limited experience. Following our re-opening for face-to-face training, we recruited and retained twelve new cadets who have quickly become active and enthusiastic members of the unit. Our Junior Sea Cadet section has experienced a complete regeneration and I’m pleased with the progress of both the staff managing the section and the new cadets.

Afloat activity remains our core strength and so far, we have logged more than 400 hours of waterborne training in 2022. We have been back in competition with our rowing teams at both District and Area levels having tried sliding seat rowing for the first time as a unit. Our cadets achieved first place in all classes at district, and second place at area.

We conducted our first residential training weekend post-COVID in April 2022 where we took 17 cadets to Portsmouth to visit the Museum of the Royal Navy and learn more about our parent service. We had a fantastic weekend together and reestablished our link with warship HMS DIAMOND, which is affiliated to the City of Coventry. We enjoy regular contact with the ship which gives our cadets with aspirations to join the Royal Navy a unique insight into life at sea and the opportunity

to ask questions that we at the unit cannot answer.

Three of our cadets have secured places onboard TS Royalist and TS John Jerwood and are looking forward to their offshore voyages later this summer. Our Junior Sea Cadets also had their own Adventure Camp in June at Rough Close Scout campsite and learned some outdoor skills while having fun with their friends! Residential training is fundamental to the Sea Cadet experience, and we are delighted to be able to offer this again…even if we had forgotten how tiring it is! Whenever we speak to former cadets, it’s those trips away that evoke the fondest memories.

We have recruited three more volunteers to strengthen our “frontline” training team, and a unit administration officer which will relieve the burden on the senior team once she is up to speed.

I am pleased with the opportunities we have offered to our existing cohort of cadets, but now our attention must turn to increasing cadet numbers and ensuring that more young people from Coventry can enjoy them too. We intend to reconnect with our community over the coming months and get the word out!

It’s been a challenging couple of years but thanks to a great team, we look forward to growing the unit strength.

Lieutenant (SCC) Emma Ryder RNR

Officer in Charge

First of all, many thanks to Steve Bourne for again auditing the accounts as the Independent Examiner. The accounts were approved by the Unit Management Team in a zoom meeting on Tuesday 22[nd] June 2022.

Also, thanks to Coventry City Council for their financial support throughout the covid19 pandemic. During the financial year 21/22 we received a further £10,667 following on from the much larger amount in the previous year.

In June 2021 we changed the way in which we collect monthly subscriptions from the cadets. We moved away from a Direct Debit system whereby we collected directly into a Subs Account to a Go Cardless Payment System. This enabled us to have a much better view of who had paid and meant that we could close one of our accounts with Barclays making the accounting system simpler to manage. We also raised subs to £15 per month.

Towards the end of the financial year, we finally managed to sort out the outstanding gift aid contributions with HMRC and were able to claim £4,463.07 in back payments. Gift Aid is now managed monthly and going forward will be a valuable addition to our annual income.

As mentioned in last year’s report the outside yard required levelling and patching during this financial year. This was completed in July 2021 at a cost of £4,230.

It was also decided that we required further accommodation in the yard to accommodate the extra requirements of becoming a RYA approved training unit. We purchased a suitable building which has proved to be a great success albeit at a cost of £9,428.40 plus fitting out costs.

The aging vehicle fleet has again proved to be costly with the 8- seater requiring £1,633.06 worth of repairs. It is envisaged that the

minibus will also require major work during the current financial year. Going forward I think it is fair to report that the current financial model is unsustainable for the long term. Guaranteed income from Subs and Gift Aid will give us about £6,000 per year. Average expenditure per annum, discounting any new projects is about £17,000. At the moment we are financially secure with a closing cash balance of £34,733.21 at the end of 21/22. It should be noted that the above outlook does not include any funds to be had from grants, donations or fundraising so it is not all doom and gloom. However, we do need to address the amount we take in on a monthly basis and we can only improve this by recruitment.

Frank Wood

Treasurer

Governance

Legal Status

Coventry Sea Cadets is a charity registered in England and Wales (No. 505694), affiliated to the Marine Society and Sea Cadets (MSSC), and is based in Coventry. Our Sea Cadet experience is wholly supported by donations from our Cadets, their parents, the businesses and people from the Coventry area and from other grant making charities. Our Trustees, management and staff are unpaid volunteers and every pound donated is exclusively used in the training of our cadets, in providing premises fit for purpose and to provide the best equipment so that we provide the best Sea Cadet experience.

Trustees

Trustees are elected annually by members at the Annual General Meeting. New Trustees are recruited through a transparent recruitment and selection process. New appointees are provided with an induction programme that includes engaging with the Unit’s staff and cadets as well more formal training to gain background on the Sea Cadets and Child Protection. The Trustees are responsible for the governance and finances of Coventry Sea Cadets, ensuring the ethos and values are upheld, and that the training objectives are delivered.

Day to day training and Sea Cadet Operations is delegated by the Trustees to the Officer in Charge who is accountable to the Trustees and to the MSSC for delivering the local and National training objectives.

The Trustees/Unit Management Team met 6 times during the year.

Honorary President Vice President Lord Mayor of Coventry Mrs Susan Rhodes Mr Francis Heath

Trustees Management Team Mrs Lynne Crosbie (Chairman) Lt(SCC) Emma Ryder RNR (Officer in Charge) Mrs Lisa Barrett (Secretary) Rev Claire McArthur (Unit Chaplain) Frank Wood (Treasurer) Mr Alan Owens (RNA) Mr David Joyce (Rotary Club) Mr David Fellows

Summary Financials

We are an independent charity, raising our own funds to support our Unit. Our accounts are prepared on a Receipts and Payments basis and as directed by the MSSC and Charity Commission. Detailed Financial Accounts are lodged with the Charity Commission.

Receipts during the year were £ 32,258 and includes cadet membership fees, training course fees and other grants and donations.
Payments made during the year were £30,000 . All of these payments were made on Sea Cadet activities.
2021/22 produced a net operating surplus in year of £ 2258
Total net assets as 31 March 2022 are £58,073. This includes cash assets of £ 34,733 that includes reserves equivalent to one years operations costs.

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Notes to the Summary Accounts

Audited accounts are lodged both with the MSSC and with the Charity Commission.
All our volunteers gave their time freely and none received any salary or wage for their time or service to the Unit.
Cadet membership subscriptions are £ 15.00 per month per cadet payable by Direct Debit and is subject to annual review.
Vehicle operations covered 2 vehicles in year
The sum of £2124 is ring fenced as part of a legacy trust in the late Lt Cdr Frank Cea’s name and will be used to fund future costs of trips and training for Leadership/boating for those cadets on low income

For their invaluable support within 2021-2022, on behalf of all the Unit Trustees, adult instructors, cadets and parents, I would like to thank the following:

❖ The Rotary Club of Coventry
❖ General Charities of the City of Coventry
❖ Coventry Three Spires Round Table
❖ Coventry City Council
❖ Coventry Branch Royal Naval Association
❖ L Darby and Son Ltd, Coventry
❖ BSS Industrial
❖ John French Electrical Ltd
❖ The Captain and crew of HMS Diamond
❖ Coventry Church (Municipal) Charities
❖ Andy Pollard and New English Teas Ltd
❖ Coventry Building Society
❖ Steve Bourne

Our sincere thanks to you all

COVEpir

Independent examinerfs report on the accounts Section A ¥F',¥ ', Independent Examinerfs Report Report to the trusteesl members of Coventry Sea Cadets On accounts for the year endad 31° March 2022 Charlty no (if any) 505694 I report to the trustees on my examination of the accounts of the above harity (Yhe Trusf) for the year ended 3110312021 which are set out on the following 4 pages. Responsibilities and basis of report As the charty's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Acr). I report in respect of my examination of the Trust's accounts carried OLrt under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under s8Ction 145(5)(b) of the Act. Independent I have completed my examination. I confim that no material matters have examinef s statement come to my attention in connection with the examlnation which gives me cause to believe that in, any material respecl.. the accounting records were not kept in accordan wth section 130 of the Charities Act; or the accounts did not accord wrth the accounting records., or the accounts did not comply with the applicable requirements conMIng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection wÈth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in th8 brackets rf they do not apply. Signed: Date: 81612022 Name: Steve Boume Relevant professional qualification(s) or body (if any): ACA Address: 42 Clovelly Way Nuneaton, WapNickshire CV116YB

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THE SEA cADs Fom) ANNUAL STATEMENT OF ACCOUNP FOR THE UNIT SCCA3 IR&PI RECEIPTS & PAYMENTS ACCOUNT for year ended 31 Mah 2022 runHs in Swvarnl.. Staternerfs form crrtent aTrl its suthy are govemed by RegUbn5- SSI 200612161 Copy to be uploaded onto Westminster and Volunteer & Business Support Manager at Area OffiTr to notified by 1 November Unit Name: Coventry Fund-namel Apr-19 Charity No.. 50S694 ur ose lrfnol held forthe Units gerieral purposesl-. THIS YEAR LAST YEAR Note$ REVENUE RECEIPTS- ANNUAL FUNDIDIRECT GFiANT SCAVA (Sea Cadet Victualling Nlowance) OTHER GRANTS CADET CONTRIBUTIONS OTHER DONATIONS I LEGACIES FUNDRAISING & SPECIAL EVENTS PROCEEDS £730.57 £0.00 £22 669.21 £4218.16 £0.00 £0.00 Gift Aid and General Grant No Subs for 2 Months Rin fenced Frank Cea £24.830.07 £3 334.69 £2 124 85 OTHE CHARITABLE ACTIVITIES: COMPETITION RECEIPTS COURSE FEES SUNDRY SALES RECEIPTS BANK DEPOSIT INTEREST PROPERTY RENTS {indudes any o¢wional OTHER REVENUE RECEIPTS £0.00 £1058.16 £0.00 £126.28 £0.00 £0.00 includes RYA Io books includes 422.15 EDF £1472.16 £496.40 TOTAL REVENUE RECEIPTS £32,258.17 £28.802,38 NON-REVENUE RECEIPTS- PROCEEDS FROM SALES OF OTHER FIXED £0.00 £0.00 TOTAL NON-RevENUE RECEIPTS £0.00 £0.00 ¢Attach that Fund's simi18rAccount of Reeeipls as page AC1A, and so on) TOTAL RECEIPTS A + £32,258.17 £28,802.38 Reconciliation.". NET CHANGE FOR YEAR IN CASHIBANK BALANCE:. - REVENUE ITEMS {- A- D from p8ge AC21 - NON-REVENUE ITEMS (- B- E from page AC2) - COMBINED (=G+H) CASHIBANK BALANCE FROM LAST YEAR-END £2.258.11 £0.00 £6,605.10 £0.00 £2,258.11 £32,475.10 £34733.21 £6,605.10 £25,870.00 £32,475.10 CASHIBANK BALANCE AT THIS YEAR-END 2022 AC1

THE SEA CADETS Fom) ANNUAL STATEMENT OF AC¢OUNTr FOR THE UNIT SCC A3 IR&PI RECEIPTS & PAYMENTS ACCOUNT for year ended 31 March Apr-19 I'Unit5 in S(*U3rwJ.. This Statwnenfs form and Ixjrtsrt aTrY its s£¥utmy are governed by RegL4atiots- SSI 20C612181 Copy to be uploaded onto Westrninster and Volunteer & Business Support Managei atArea Office to be notified by 1 Novetnb2r Unit Namè: Coventry Fund-namel 505694 Charity No: ur ose lif not hekj forlhe Urnvs eneral purposesl'.- THIS YEAR LAST YEAR Notes REVENUE PAYMENTS- DIRECT CHARITABLE ACTMfY COSTS". FUNDRAISING & SPECIAL EVENTS COSTS COMPETITION COSTS FUEL & TFiAVEL COSTS CATERING COSTS TRAINING COURSES COSTS ARTICLES PURCHASED FOR RESALE £0.00 £0.00 £846.69 £327.49 £899.00 £0.00 £0.00 £0.00 £402.10 £0.00 £365.50 £0.00 Unit o en after Covtd Frank Cea wake Courses restarted OVERHEAD COSTS FOR: RENTI COUNCIL TAX HEAT. LIGHT & WATER TELEPHONE & BROADBAND OFFICE SUPPLIES. POSTAGE & PRIKfiNG £0.00 £3,531.78 £686.90 £0.00 ove ment last ear £2,364.68 £784.30 £0.00 MASNTENANCE COSTS FOR: BUILDINGS & ESTATE BOATS VEHICLES OTHER MISC EQUIPMENT INSUFUINCE COSTS BANK INTEREST & CHARGES New Outbuildi £15,944.87 £3,593.73 £2,287.41 £866.21 £2,085.68 £0.00 £7,860.95 £4 624.75 £1,072.83 £257.07 £3,395.40 £0.00 New Clutth for Fial deanin after refvrbishmenl CHARITY GOVERNANCE COSTS: FOR ACCOUNTSIAUDIT OR INDEPENDENT EXAMI FOR OTHER PROFESSIONAL FEES FOR LEGAL ADVICE {for constitutton or trustees) OTHER REVENUE COSTS TOTAL REVENUE PAYMENTS £0.00 £0.00 £0.00 £O.OD £30,000.06 £0.00 £0.00 £0.00 £0.00 £22,197.28 NON-REVENUE PAYMENTS- ASSETS £O.DO £0.00 TOTAL NON-RVrfENUE TOTAL PAYMENTS l-TrtyE) £000 £30 000.06 £0.00 £22.197.28 eAttach that FuTrJ's similarAeoxrl of Paymwts as p4eAW 8TrJ so onl AC2

THE SEA CADETS Form ANNUAL STATEMENT OF ACCOUNV FOR THE UNIT SCC A3 IR&P) RECEIPTS & PAYMENTS ACCOUNT for year ended 31 March 2022 Apr-19 I'units in Scoland.. This SlaternenV5 fartn and u>ntenl and scrubny are govetned by RegUtiDn5- SSI 20tW2181 Copy to be uploaded onto Westwninster and VolUteeT & Busine55 Support Manager atArea OfFice to be notified by 1 November Unit Namè.. Coventry Charity No.. Name of Fund rf restrictcd 505694 THIS YEAR LAST Y&4R In E&W: STATEMENT OF ASSETS & LIABILITIES IEngli5hlWelsh Unit5." No valuation51c05ts or accounts notes required) ASSETS.. GASHIBANK 8ALANCE{SI AT YEAR-END {frgm page AC11 BANK DEPOSITS {if any) not included above LOANS RECOVERABLE OTHER DEBTS (total recoverable- exdude any'accruals "STOCKS OF ITEMS FOR RESALE Ilotal costi INVESTMENTS (present value of securities &cl INVESTMENTS (ditto- belonging to a Restricted Fund, if 'OTHER FIXED ASSETS: - LAND & BUILDINGS - BOATS -VEHICLES - COMPUTERS & OTHER EQUIPMENT "For all these items lin¢luding any gifts * estimated value when glven} stsle resent value here if lower than as above LIABILITIES LOANS REPAYABLE OTHER CREDITORS (total p8y3blè- exclude any-accrualsl CONTINGENT LIABILITIES (estimated total amount} £34 733.21 £32 475.10 £10 098.77 £5.169.80 £6,929.00 £1,142.41 £58 073.19 £116.20 £6,082.13 £8,151.77 £1,344.02 £48 169.22 IScotiish] ACCOUNTS NOTES. Ilf not thIn Annual Report) For any se arate Receipts & Payments Account included in this Statement of Account= the nature and purpose of each Fund accounted for and the legal reslri¢tions on V(s use Total number and amount of any grants paid to {il individuals and lil) institutions, analysed by type of adivity or project Amount of trustee remunemtion lin¢. to connected persons) paid and the legal authority for it Amount of any Iruslee expenses reimbursed and for how many Amount and nature of any other truslee-Irans3ctions (including with connected ersons, staling the relalionshipl Togeiner w n any amouni owng ai Ine year-enu (say IT nnng.1 Any further infornialion that'may reasonably asslst, a readerfs rshowde18ils on an 8xtr8 attached {numb&r8dJ p8g8 necessery) Amount5 Particulars Givè page nolsl or say If none lor Spy rf none) lor say if none) Nalure.. Gwe page nol$l. -ors8yrfnor -unit Treasurer Unit Chairman Sigoed as authorised by the Unrfs Man gement Committee- D*.. Note.. The stalutoryaudil orinLlgpendent gxamination pOrt c)n this StafwTr7entof AcGounl mustbe atta¢hed. AC3

THE SEA CADETS Fom ANNUAL STATEMENT OF ACCOUNP FOR THE LINIT SCCA3IR&PI RECEIPTS & PAYMENTS ACCOUNTfoY year endod 31 March fun$ knScotlan¢".Th$ StatgMgnfSf JDdieTrt and Ns¥iJthy argggvernd byRegubtlons-SSI 2Wf12181 Copylo be Upload onlo Wesbminsterand Volunteer & Bugne5s Support Manager atArea offi10 benotffed by l No¥ember Unit Name.. Charity Apr-19 Coventry 505694 Unit address loraddress for correspondence House name.. strtand No.. 74 CrescÈnl Avenue Are8 orE$taie Stoke TowtVCity.' County Post Cede.. Coventry West mndS CV3 1HE UnnManagameniTeam memr$ 1lhe'thafftylrustees'latd8te of$rnIng Reg0rt.'- Mrs Lynne Crosbie (Chair) MrAllen Owens Mr Frankwood (Trea8urerl Mrs Lrsa Barrett ISe¢rétaryl Mr Martin Webb Lt ISCCI Emma Ryder (OIC) r Dawd Fellows Mr Dhiran Vagdia Mr Dawd Jo Namès (Aany othe[peO5 who weFeiattylrusteesofthF Vnrtatanytime 1nlhefinancJ year.. Name tsf arty person who Is rW lorwas. In Ihp finarrial yearl a Iw5tee forthe tharib/- i.e, holling or In of any atssets belonging to thè Unillincluda$¢Ustodits. nominees &¢) [npl." S¢oN¥nd]:. rean s corts on govgrning ocumgn overne The methodlsl adopted for ro¢ruttlnu new trustees, and how trustees ara elected or othe1$? appointed land by whoml irt accordartcè with thp Unit's constitution, ar8 as follows-_ Unyl Mana9ernent Team [UAIQ membewsare 9kGteLlannuallyatlheAnnual GeneIMe619 IAGMI UMTrn$mb8rs $1 fromlhe membe15hip ofthe S8a Cadd unrt bvhich is thwn k¢561y8s b&ng Ihose wrth anint951 Ihe unit In the evenl gla V8C8ntyaffisvygduylng Ih$yg8rlknown asacasualvacancyl 7he UMThavetp)epov/eTto appo rW LIAITmtsmb6r Th UmTmemberappointedwlsee unlNthedaleoftheffiexIAGM afiwwhth thOP0StlIbo fi11gdbyolFthn. Thè Unlvs charitablè purposèlsl as set out in its Gon$titution is:_ To womoto fhe devdopmentofyoung peopte In achEving thetyphw¢al, intellecfva d$al wlenual as Inthvhu£lsand as r8$ponb1ècitertS bythe provision of education and le16ure btne acb¥rylies u5iwa naubcal theme arvJ in tyYdanctyth pnneie$, ethos prcs011hÈ M8fine Society & Sea CEdets IMSSCI Thè Univs maln activittès and achi8vements tn the findnGial yearwere=. Gethry the Cadets back Intothè Unit OLÈt on the water after Covid lockdown Car P4rkJDrillArea re-surfaced new outbuilding forRYA rebled on wat&r equipment. Public Benefit The UMT nknue lo give due regard lo the wNibenefft prowded tythe Unitin relabon tolhe chantaL4e pU0fth9 Sea Cadet movernenl a5 setoutin the aththes and achiw9rnts abDve The¥im ts promote thedevelopmenlof Yn9 in achiw4ng thelrphysic31. intellectual and social wtenbal a5 IndivalS and re5ponsiblecilEens in a safe enVirent In ordeito achieve Ihi6 the Uniltskes youw peopie from ¥ll ba¢kground& inCdIng where p0sble trWith digabilib'e$ ¢Jevek)ps Iharskills and ablitseG ty.. Regulara strUrna 8¢bve5lkn £ jrA1 theme. Allo¥n9 youro peopletotakB part in adiwbescoMe¢Eed 1hthe lerSea Cadet movamontwch &sM¢ttrrb)rrÈ&bwbes, and ¢YffiWIK>ns at(fjstsict, area and naknal levels Awdilabilityof formal eduoauonal athvevEmÈnlswhilsl tskiffj cotsrseslo earn badges arKI promobon& Conkntyjllons are kepi I ord¥to er all tho$e WhoWh to part inthe actsvibesofthe Unitrnaydo so AC4

THE SEA CADETS Form ANNUAL STATEMENT OF ACCOUNT. FOR THE UNIT SCC A3 IRSPI RECEIPTS & PAYMENTS ACCOUNT for yoar ended 31 March 2022 I'units in Scouand.. This Ststemenls form and conlenl 3nO ils suutiny are gov8rn8d by Regulations- SSI 200Wd181 Copy to be uploaded onto Westminsterand Volunteer & Business Support Manager st Area Offic8 to be notified by 1 November Unit Name: Apr-19 Coventry Charity No.. 505694 Reserves Policy The charity trustees, policy aims to rnainlain unrestricted reserves at a level 12 months revenue payments in order tr) safegLJard the Unit's ongoing 3etlvilies from any unexpe¢led fluctuations in Year-end reserves amounted £32,608.36 12 months, on that basis. The Unit andlor its trustees held the followng assets for the charitylies named below, whosè charitablè purposès are as sel out hereunder. Special arrangements for the safe custody of those assets and thelr segregation from the Unit's Frank Cea Fund 2.124.85 Dat8 signed a5 auih0ri5ed by the Unrf5 Managernent Team= Unit TreaSur Unit Chairman T&É ..JW.J.L)£ Independent Examinar hlote.. Th• $181utOry8uditorind8P8rnt ex8min8tion r6POrton this S18t8ment ofAccountmust be 8ltachEd. AC5

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