2024-03-31-accounts - Stratford Upon Avon Unit 507 Of The Sea Cadet Corps

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THE SEA CADETS *ANNUAL STATEMENT OF ACCOUNT FOR THE UNIT RECEIPTS & PAYMENTS ACCOUNT for year ended 31 March**	THE SEA CADETS *ANNUAL STATEMENT OF ACCOUNT FOR THE UNIT RECEIPTS & PAYMENTS ACCOUNT for year ended 31 March**	THE SEA CADETS *ANNUAL STATEMENT OF ACCOUNT FOR THE UNIT RECEIPTS & PAYMENTS ACCOUNT for year ended 31 March**	THE SEA CADETS *ANNUAL STATEMENT OF ACCOUNT FOR THE UNIT RECEIPTS & PAYMENTS ACCOUNT for year ended 31 March**
(*Units in Scotland: This Statement’s form and content and its scrutiny are governed by Regulations – SSI 2006/218) Copy to be uploaded onto Westminster and Volunteer & Business Support Manager at Area Office to be notified by 1 November
Unit Name: Stratford Sea Cadets			Charity No: 50814
Unit address (or address for correspondence):-
House name:		The Recreation Ground
Street and No:		Swans Nest Lane
Area or Estate
Town/City:		Stratford uon Avon
County		Warwickshire
Post Code:		CV37 7LS
Unit Management Team members (the ‘charity trustees’) at date of signing Report:-
	Chris Wheeler	John Davies
	Simon Hill	Huw Howells
	Roger Edmunds
	Matt Francis
	James Stanley
	Sarah Browning
Names of any other persons who were charity trustees of the Unit at any time in the financial year:-




Name of any person who is now (or was, in the financial year) a ‘trustee for the charity’ - i.e., holding or in possession of any assets belonging to the Unit (includes custodians, nominees &c)[not : Scotland]:-


Nature and date of the Unit’s constitution (governing document):-Governed bySea Cadet Standard Constitution
The method(s) adopted for recruiting new trustees, and how trustees are elected or otherwise appointed (and by whom) in accordance with the Unit’s constitution, are as follows:-
Unit Management Team (UMT) members are elected annually at the Annual General Meeting (AGM). UMT members are elected from the membership of the Sea Cadet Unit which is drawn loosely as being those with an interest in the unit. In the event of a vacancy arising during the year (known as a casual vacancy), The UMT have the power to appoint a new UMT member. The UMT member appointed will serve until the date of the next AGM, after which the post will be filled by election.
The Unit’s charitable purpose(s) as set out in its constitution is:-
To promote the development of young people in achieving their physical, intellectual and social potential as individuals and as responsible citizens by the provision of education and leisure time activities using a nautical theme and in accordance with the principles, ethos and practices of the Marine Society & Sea Cadets (MSSC).
The Unit’s main activities and achievements in the financial year were:-
We have closed the year with a total of 44 senior and 7 junior cadets, and due to the maximum number we can have at the unit we presently have a waiting list. We held the District Trafalgar Parade on 15th October 2023 with approx 220 attendees including Lord Lieutenant, Mayor of Stratford and Council Leader. We also participated in the Arms Forces Day and Remembrance Parade. We have done exceptionally well in competitions, with juniors reaching the Area Level of the rowing competition. Five of the cadets won at District and Area and went onto National for the Drill Competition. Our team was also entered into the Colour Party Routine and came 5th out of 100 plus units within the UK. We are renewing our fundraising efforts and have received a £5,000 grant for new IT equipment, of which 10 laptops were purchased and are kept at the unit for cadets and staff to use. Staff and Cadets are encouraged to participate in the courses available and gained qualifications in Marine Engineering, First Aid, Rowing, Paddlesports, Power Boating, Offshore Sailing and Meteorology.

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Public Benefit
The UMT continue to give due regard to the public benefit provided by the Unit in relation to the charitable purpose of the Sea Cadet movement as
set out in the activities and achievements as outlined above. The aim is to promote the development of young people in achieving their physical,
intellectual and social potential as individuals and responsible citizens in a safe environment. In order to achieve this the Unit takes young people
from all backgrounds, including where possible those with disabilities and develops their skills and abilities by:
• Regular and structured activities with a nautical theme.
• Allowing young people to take part in activities connected with the wider Sea Cadet movement such
as waterborne activities, events and competitions at district, area and national levels.
• Availability of formal educational achievements whilst taking courses to earn badges and promotions
Contributions are kept low in order to ensure all those who wish to take part in the activities of the Unit may do so.
AC4
Reserves
The charity trustees’ policy aims to maintain unrestricted reserves at a level equating to 12 months
revenue payments in order to safeguard the Unit’s ongoing activities from any unexpected fluctuations in income
Year-end reserves amounted to £6,000.00 12 months’ on that basis.
for future projects to be carried out, £12,000 for the purchase of a new Galley within the
The Unit holds £35,000.00 next 6/8 months, £15,000 towards purchase of new vehicle in next 12/18 months, £8,000
towards new boats/canoes in the next 12/24 months.
Date signed as authorised by the Unit’s Management Team: 30/09/2024
Sarah Browning Unit Treasurer
Chris Wheeler Unit Chairman
Rebecca Davies Independent Examiner
Note: The statutory audit or independent examination report on this Statement of Account must be attached.
AC5
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Stratford-upon-Avon Sea Cadets Accounts YTD as at Mar 2024

Profit & Loss			Balance Sheet
Income	2022-23	2023-24
			Bank accounts
Other donations	3,976.28	3,845.03	Community	8,850.74
Cadet contributions	7,228.00	8,855.94
Galley	858.12	911.04	Reserve	31,118.62
Fund raising income	277.35	1,600.23	Contingency Fund	1,500.00
MSSC	256.90	719.00
Misc income	102.88	0.00	Cash in hand	87.93
Grants	0.00	5,000.00		41,557.29
Uniform	870.50	0.00
Bank interest	192.63	675.90
Revenue	120.00	4,376.00
Gift aid	0.00	2,496.78
Sale of Assets	0.00	0.00
Total income	13,882.66	28,479.92
				41,557.29
Expenditure
Galley	1,060.60	404.01	Representing:-
Fund raising expenses	191.97	1,422.00		50,399.86
Training course costs	279.25	736.98	Accumulated Funds b/f	(8,842.57)
Uniforms	1,040.20	156.96	Surplus/(loss) for the year	41,557.29

Total expenses	2,572.02	2,719.95
Overheads
Rent & rates	1,602.22	1,518.92
Heat light & water	376.23	662.34
Telephone/internet	380.32	452.10
Subscriptions/licences	368.86	248.51
Printing & stationery	0.00	598.91
Sundries	215.94	312.80
Total overheads	2,943.57	3,793.58
Maintenance
Buildings	721.91	15,513.81
Boats	75.60	1,459.11
Vehicles	1,061.50	651.70
Other equipment	1,335.16	5,526.43
Fuel	506.97	1,036.17
Insurance	3,610.44	3,939.86
General maintenance	3,097.71	2,681.88
Total maintenance	10,409.29	30,808.96
Total expenditure	15,924.88	37,322.49
Surplus/(Loss) for the year	(2,042.22)	(8,842.57)

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Stratford upon Avon - unit 507 of the Sea Cadet Corps On accounts for the year 31 March 2024 Charity no 508124 ended (if any) Set out on pages 2 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2024. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out 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 section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have
examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning 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 ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with 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 the brackets if they do not apply.

Signed:	Rebecca Davies	08 October 2024

Name:	Rebecca Davies

Relevant professional qualification(s) or body (if any):	CIMA

Address:	70 Blackstitch Lane, Webheath, Redditch, Worcs, B97 5TQ	70 Blackstitch Lane, Webheath, Redditch, Worcs, B97 5TQ

Oct 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER