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2022-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2021 Period start date To 31/03/2022 Period end date

Charity name: Maryport & Solway Sea Cadets

Charity registration number: 507614

Objectives and Activities

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SORP reference
Summary of the purposes of Para 1.17 The charitable purpose of the Charity
the charity as set out in its (aka Unit) is to promote the
governing document 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 Para 1.17 and Main activities centre on offering young
1.19
activities in relation to those people a safe and structured
purposes for the public environment in which to develop.
benefit, in particular, the Provide access to education and
activities, projects or training including (but not restricted to):
services identified in the sailing (inshore and offshore), paddle
accounts. sports, power boating, seamanship,
navigation, marine engineering,
cooking, first aid, drill, piping, and
public service
Provide opportunities to obtain a range
of qualifications
Provide opportunities for community
involvement.
Statement confirming Para 1.18 The trustees have had regard to the
whether the trustees have guidance issued by the Charity
had regard to the guidance Commission on public benefit.
issued by the Charity
Commission on public
benefit
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Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Contribution made by
volunteers
Para 1.38 No specific financial contribution is
made to the Charity by Volunteers.
Note: For certain Charitable bids, the
‘equivalent paid hours’ of volunteer time
is sometimes used to aid calculate the

value of volunteer time; usually at a rate of £12/hour. The contribution in time is considerable, and akin to a part-time job ‘ ’ in those equivalent paid hours .

Achievements and Performance

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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. Of note this year
was the higher number of young people
from outside of the CA15 Postcode who
travelled to the Unit for instruction in
Sailing and Powerboating.
The Cadets supported local civic events
such as Remembrance Day and the
installation of the new town Mayor.

Financial Review

Review of the charity’s
financial position at the end
of the period
Para 1.21 We are now in a strong and stable
financial position; with a good balance
of cash to cover any immediate issues
with either equipment breakdown or
repairs to the Unit building. Debts are
now managed and reducing; which
payment plans in place for Marina Fees
and Utilities.
We secured an income of £39,130 which
is largely a result of:
-
Donations received.
-
Grants from both government
(COVID recovery) and Charitable
Funds, inc. via those
administered by bodies such as
Cumbria Community Foundation.
-
Fundraising by the Unit
Volunteers / Parents & Guardians
/ Cadets such as our Weekly
Lottery and Social Events such
as Trafalgar Night and Pickle
Night.
-
Weekly / Monthly Subscriptions
from Cadets
Largest expenses were in equipment
such as Solar Panel Array and Storage
Batteries, x10 Mountain Bikes, Wetsuits
& Sailing suits and new Paddlesport
Kayaks / Canoes.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The current Unit Management Team
(UMT) was established in 2018.
In 2020, the UMT established a budget
based on essential estimated costs to
remain operational; a required reserve.
2021-22 shows a slight increase from
£8,800 due to the risk of increased utility
bills for Gas and Water.
Although it is predicted that Electricity
will eventually reduce with the fitting of
Solar Panel array and Storage Batteries.
Amount of reserves held Para 1.22 £10,000
Reasons for holding zero
reserves
Para 1.22 n/a
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 The charity is now in a much stronger
position than in the last 10-15 years, the
Trustees assess the uncertainties and
risks as Low to Medium, from a previous
position of Medium risk.
Bid writing capability and grant / fund
successes have increased, with now an
established track record of delivering
value for money to those kindly
donating.
Additionally, our own fundraising
activity has started to return to previous
norms, post-COVID.

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 In 2021-22, the primary source of
funding remained COVID related
government grants and monies from
Funds / Granting bodies to which we
either applied directly, or via bodies
such as Cumbria Community
Foundation.
Fundraising Events, Cadet
Subscriptions and Weekly Lottery form
the regular ‘income stream’.
A description of the principal
risks facing the charity
Para 1.46 The Charity and Unit Management Team
only consists of 3 Trustees / Members.
This is effectively the ‘minimum’ to run
an effective Charity / Unit, therefore any
reduction is a principal risk to the
charity and Unit.
Other: A note on costs and
funds.
The current Unit Management Team
inherited historical debts e.g. Water
Utility in the £1,000s and Marina
berthing fees in the £100s; these now
have structured payment plans in place.
The UMT inherited some assets and
infrastructure which had received little
in the way of care, maintenance or
investment e.g. a closed .22 Shooting
Range, inefficient Heating, Lighting and
Storage facilities and Boating Pontoons;
these will require further investment /
costs.
Evidence of this is in the replacement of
worn-out Sailing Suits and Wetsuits for
the Cadets.

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Marine Society Sea Cadets (MSSC) 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 Trustees are elected at the Charity / Unit
Annual General Meeting.
The AGM / election is open and
overseen by the Sea Cadets District
Officer, or their deputy.
Additional information (optional)
You may choose to include further statements
Additional information (optional)
You may choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 Trustees are also Cadet Force Adult
Volunteers (CFAV), all CFAV undergo
Induction, Safeguarding, Data Handling
MSSC Training Courses and vetting
prior to appointment.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The structure is that of Chair, Treasurer
& Members.
Although a separate and independent
Charity, it is affiliated to and governed
by procedures and oversight of the
MSSC.

Reference and Administrative details

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Charity name Maryport & Solway Sea Cadets
Other name the charity uses Maryport’ Solway Sea Cadet Unit, TS Caesar
Registered charity number 507614
Charity’s principal address 70 King Street
Maryport
Cumbria
CA15 6AZ
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Names of the charity trustees who manage the charity

1
2
3
Trustee name
Office (if any)
Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Trustee name
Office (if any)
Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Trustee name
Office (if any)
Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Trustee name
Office (if any)
Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Chair
Elected byUnit Membership
Mark Dawson
HannahNeedham
Treasurer
Elected byUnit Membership
Charlotte Iredale UMT Member Elected byUnit Membership

– 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

Trustee name Dates acted if not for whole year N/A

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name of chief executive or names of senior staff members (Optional information)

Lt. Claire Bostel, Commanding Officer of the Unit (Volunteer)

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) Mark Dawson

Position (eg Secretary, Chair Chair, etc)

Date 30th January 2023

MARYPORT & SOLWAY SEA CADETS

Income & Expenditure Account Y/E 31/03/2022

Income
Donations
25,272
Grants
10,667
Subs
2,316
Marine Society
876
Equipment
Sundries¹
Marina fees
Insurance
Utilities
Maintenance
Internet
Totals
39,130
Overall total
17,519
¹Sundries
Fuel
travel
Fundraising event costs*
ICO
Planning fees
Training
Bank Charges
Income
25,272
10,667
2,316
876
Expenditure
11,306
2,279
2,000
1,841
2,398
1,458
330
21,611
271
88
1,631
35
134
100
20
2,279
39,130
17,519

*hire of Golden Lion for Trafalagar night and food for Pickle night (costs recovered within ticket sales)