2026-03-31-accounts

Preston 277 Financial Yea r 1st Apri12025 to 31st March 2026 Detail Report - Year to Date as at 31 March 2026 Recelpts Donatk)n$ rsaries- restrilled rsarie5- unrestritted Payments Chwwle Ptr4rfty Competirion Fees-e>ernal pr￿ider Competition Fees- internal provider Course Fees- external provider Course Fees- Internal provider Tralnlng Materlals Fuel £10,604 £74&66 £0. £O.(K> £o.(KJ £O.(K> Cadet £5.204. £o.c £0. P&SA £o.co Thlrd party- restritted Third party- unrestrirted Ward Room £0. o.co £5,4(K).(M) £O.(M) £O.(K> 3rd Party travel MSSCTra¥el Refund (enter a5 creditl Caterln8 FundraSslng Costs Spefial Events £o.(M) £0. Fundralsln4 Bag packs Flag week Social events £o.co £o.cbJ £o.co £O.(K) È7I8.66 £O.(M) Corl￿nItY events Other £282.25 Opèrntlng Unit Health, Hyglene &Well-beir C¥fio Equipment <£250. (Xfice Stationery, Printing & Posta8e IT Consumables £L11632 £o.c £o.co £0. Generated Property Rental Sale of A55ets £50.(M) £O.(M) £o.(M) £o.crf) ilding maintenan Grounds maIntena￿t £l(M). Sale of Goods £0.( £o.co 5CAVA £0. t n￿Intenan £o.(N) Vehicle maintenance. MOT & RFT (Xher maintenan É966.32 GMts External- restricted £ox £O.(M) £o.c G(x)d5for resale £o.c¥i E￿erTha1 unrestrlcted MS-SC Restrirted Grant £o.c PPE & 8rènded dothl £o.co £0. Various Unit Assets £O.(K> Tralnlng ConyEtition Fees- external w￿lder Cwtltlcn Fees- Internal pr￿Ider rse Fee$-e￿erThal prwider Cwrse Fees- internal provider £oxrt O%rhead5 Rent £6,61821 £o.c £o.co £o.fyJ PAtes £450.CQ £0. Lease Fees £225. £o.(KJ Water Bates £359.91 Sewa8e PAte5 Elertrldty Gas £0. Uneamed Bank Interest Gifr Aid £0 £2.276.49 £227.68 £o.(MJ £0. Broadba￿4 Telephone Alarm Monitorin £370.08 InveSt￿nt Incorr £O.(M) £O.(K> £219.96 £10,886.25 Insuran￿. MS.SC w£wided InsurarKe- Non MS-SC prv4SLkd Roadside assistarKe Certification £2.467.09 £o.co £O.(K> £20.(M) Fees Charges AuditlAccountarKy fees Legal fres (Xher professional fEe5 Other revenue u)5ts £IY5 £o.co £O.(K> £o.(A) EO.IKI Bank thar8es £135.CQ £8,616.19 Surplus l Deficit Flnanclal Year 1st Aprll 2025 to 31st March 2026 £2,270.06 V3.0

Independènt examiner's report on the accounts Section A lTrdependeni Examifier's Report Rèport to tho truBts8È1 Pre51on Unil 277 Sea Cadet5 On ac¢ounts for th• y￿r ended 3151 March 2028 Ch4rity no s212￿) Set oul 011 pay•& Respectfve The chariV5 fruslees 8re responsible for the proparation of tr Yespon¥ibilitle¥ of account5. The charity's Iruslees consideT thai an al￿11 18 not and •x•mlner required for this y￿r under secI￿n 144 of the Ch•ribi Act 2011 (the Charities Acll and Ihat an Indèpendent exarninthn 1$ needed. It is rny responsibility lo-. examine the account5 under 8e¢tlon 145 of the Charilies Aci. to follow the procedures laid down in the general Directions given by the Charity Commission lunder seLon 145(5)Ib} of the Charities Act. and to state wheth8f particular matters have come to my attention. Basis of inde￿ndent My examination was eattied out in accordan￿ vath general 8xamlner'$ Statement Directions given by the Chanty Comffli5sion. An examination indudes a r6vi*w of the accounting records kept by the Chanty and a comparison of the accounts presented with those records. It also indudes eonsiderabon of any unusual items or disdosurès in the accounts, and seeking explanations from the trustaes conceming any such matters The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whèther the accounts present a'truè and f8frf view and the report is litnbted lo those matters set out in Ihe Independent In connection wth my examinabon. no matter has come lo my examinerfs statement attention lother than that disclosed bolow ') 1. which gives me reasonable cause to believe that in, any material respect. the requirements.. to keep accounting records in a￿rdanc£ with section 130 of the Charities Act., and to prepare accounts which accord with the accounting records and comply wlh the accounting requirements of Ihe Charities Act have ftol been mel., or 2. to which, in my opinion, attgnlion should be drawn in order to enable a proper understanding of the a¢xounls to be reached. ' Please d8let8 wNdsM Ihobrncketsrfth&￿ th notèp￿￿ Signfrd.. Namg: Relevant professlonal qualification{$l or body lrfany): Address:

Hi All,

Firstly, let me introduce Liz who is your new unit chair. Liz is the area chair and has kindly offered to step in to fill the role until a new unit chair can be appointed. Liz’s email is shared above.

Secondly, attached are the audited finance reports taking us up to end March 2026, the headlines:

• The Unit’s finances for Financial Year 2025–2026 (April 2025 to March 2026) have now been audited and formally signed off. Total receipts for the year amounted to £10,886.25, with total payments of £8,616.19, resulting in a year-end surplus of £2,270.06.

• Total income: £10,886.25

• Total expenditure: £8,616.19

• Surplus: £2,270.06 for years transactions

• Income was primarily driven by donations (subs) (£10,604) and community fundraising (£282.25).

• Expenditure was mainly concentrated in overheads (£6,616.21), particularly related to unit safety & compliance.

• Operating costs totalled £1,116.32, with vehicle maintenance being the largest single item.

• Charitable activity spend was £748.66, mostly related to special events such as our awards evening.

• Total Monies held at end of financial year £29,565.83 (Operations & Savings)

Note: The attached xls is password protected. If you need to view, please ping me direct via WhatsApp, and I’ll share the password.

Any questions, please feel free to drop me a line before I exit the role (Treasurer) at the end of August. The physical audited accounts pack will be shared as part of the handover, along with other finance documentation.

I have copied in Trevor the unit President as an FYI.

R

Dec