## Trustees annual report 4/21-3/22 

The financial year was still difficult for us due to covid. Even though some local events started up again, they were poorly attended and the cafes which we have previously relied on to be big fund raisers were not worth doing during the summer of 2021. We can only hope that as life returns more to usual in 2023 that these events will take off again and that the cafes once again will be big fundraisers for us. The City Of Lincoln council gave us one further grant under the Hospitality and Leisure closure grant scheme. Our cadets were out on the water and on dry land taking part in their usual competitions although with no parental support due to covid restrictions. We sold some of our older assets (canoes, sailing boats and an ageing minibus) to fund essential boating equipment and safety gear including waterproof hand held 2 way radios, the latter being especially useful as our cadets now go sailing at Girton Boating Club. We have replaced all of the smaller windows at the unit and the outside io the building has been painted making it look much smarter. 



CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trugts081
members of
Lincoln Unrt 214 of the Sea Cadet Cory)s
On accounts lor the year
ondod
31 March 2022
Charlty no
lif any)
521949
Set out on pag••
1of8
I report to the trustees on my examination of the accounts of the above
¢hanty (Ihe Trust") for the y8ar ended 31 March 2022
As the charity's trustees, you are responsible for the pr8paration of Iho
accounts in accordance with the requirements of the Charities Act 2011
('the Ad").
Responsibilities and
ba•1• of report
I repurt in resped of Triy exan)ifio1iuTr of lh6 Tru6t's account¥ i ivu vLit
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all th8 applicable Directions given by the Charity Commi88ion
under section 145(5){b) of the Act
Indep•ndont
•xamlner'$ gtstement
I hAVA fA)mpiftted my •XAminAtifin l ttjnfirni thHt n¢) matftri*l matt•r* hAV8
come to my attention in connection with the examination lolher than that
disd08ed below ") which giv88 me cause to believe that in, any material
re8pect.'
the accounting r8cord8 were not kèpt in accordance with 8ection 130
of the Charities Act. or
the accounts did nol accord with the accountlng records., or
the accounts did not comply wrth the applicable requirements
con¢eming the forni and content of arxounts set out in Ihe Charities
(Accounls and Reports) Regulations 2008 other than any requirement
that the accounls give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no COn￿mS and have come across no other matters in connection
with the examination lo which attention should be drawn in this report in
order to enable 8 proper understanding of the accounts to be reached.
Pl88se delete the words in the br8ck8ts rfthey do not apply.
Dats:
0110812022
Slgned:
Nam?:
A J Lilley
Rol•vant prof¢s•ional I IndeDendent Examin6r
quallficationls) or body
111 any):
Addrnss:
63 Harrowby Lane. Gr8ntham ,Lincs. NG31 gHZ
IER
Oct 2018

eclion B
Disclosure
Only complete if the examiner needs to highlight matèrial matters of concem
(see CC.32, Independent examination of ch?nty accounts.. direGtions and
guidan￿ for examiners).
Glve her• brief detalls of
any itèms that tho
examlner wi8h•s to
dl•clos•.
NONE
Oct 2018
IER

LinGQin aea Cadets
Profit and Loss Report
QI W. 2021- 31 Al8ffjh, 2022
Sales
4000- Sales- PToducts
69.1
4011 S3les- Cadet cuntribut￿n5 - Gift Aid Ap￿ICal)le
3.728.00
4012- Sales. Carjet Contrilx*i..on5 - Non Grft
3.37ft.12
4016- Sllles. Cafe Nutty
rr4
4018 . Sales - Car Park Fws
1 052.93
300.Th)
4019- Lotiery
2.240 00
4200 . Sale of A5sei8
946.62
4400 - ￿her Income
49US- D￿l#l￿)n9 - Gift Aid
314.00
4906. Donatk)ns - Non Grft A
397 95
4911 . MSSC refund of r￿Urse fee$
716.00
491S - MSSC Iivsbng fee payment
106.00
7901 HFARC Charities Gift Ald
914.10
10000- Cadei Evp4)1
69Y.00
Tot•1 Sales
£31.514.73
Direet Exp•n8•s
5000- C08101 Sales - Gogds
233.80
5001 - Staff Rember¥ments
5,935.40
10001 Cadet Ewenl cosr
130.00
111002- MSSC - course fees
846.50
Ivvv
10004 - Purchase card
272.66
10005 E¥iefnal Fundraising
262.00
28 a)22 12 33

TotAI Dlreet Expefi¥es
£7.780.36
GROSS PROFIT I LOSS
3.734.37
¢￿•￿￿&d1
6000- Mthrketwg
1,139.86
710D-R&ni
300 00
7110 Waier Rales
2,100.33
7130 - Premises Insur8nce
y.1￿fin
6n4.1)0
-r210 C?iJ5 & Oil
7300 . Vthicle Fu41
lJiC' . ven•cre Repair ¥rio a￿*V1¥￿[l¥
1,188.e9
733Q- V8hicle Insurance
'JC-E.-;èrto,nmo,"
J46
75.10. T*lpphMe
250.00
7610 14¢counlbn¢y F••
7tioa - Repow* 8nd Renowg18. PropertyJWildlng
1 S 9,11.78
375 78
7Bin - Cleoning
fj,A42. 15
8()60 . re vJ5uallon
291.00
E123e - TrHlnlnq C05t6
T•t•l Qv•rh•ad•
35.088.11
NET PROFIT I LOSS
£50.800.4",
Apprtiv￿ Unit Treasurer
Date
28 &Jn 3)22 12.33

Lincoln ?ea Caaets
Balance She•t Report
To.. 31 Uar¢h, 2022
ASSETS
Fixed Ags•ts
9010- Pioperty Cosi
1.027,389.00
0030- Office equipmenl and IT Cosi
479.99
r)04rJ - Fixtyrfis and fittings Cosi
28.155.91
0052 . 8oélJ Cost
109.788.96
Total Flxod A55•ts
£1,172.763.86
Cuir•nt Asset?
IL%)O- Stock. Raw Matèrials
60.OD
1220- DA. Lincoln Unil Sea Cadel Curp
18,099.96
1230- Lincoln SCC - PFA Fund
509.3d
Totèl Curr•nt Assets
£22,398.22
TOTAL ASSETS
£1,195.162.08
LIABILITIES
Current Li8bilitles
Thr*rt
2100- Trade Cr¢diiors
-290.00
Total Curr•nt Llabllltl•s
£1,710.00
Future Liabillties
Tot•1 Future Llabllltl•s
£0.00
28 Jun ?022 12'.35
Pagvlof2

TOTAL LIABILITIES
£1,710.00
TOTAL NET ASSETS
£1,193,452.08
Net Prc>fil l Loss
1. 193.a5k.08
3100- Pn>fil ancl Los.$ Accouni
1.100,035.00
N¢t Pivfil /Loss Ipiior ycoi-lsll
34.616.61
Npl Pm*ii I I n.*¢ !riJrr4nl VftArl
4A Ann 47
TOTAL EQUITY
£1,193,452.08
L871&-41
16oqg- '}
É S)8. 34
t1rce￿
&CCOk)nt
LIC4 , TLLV)
28 Jun 2022 12-.35
Pxgp. 2 012

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trugts081
members of
Lincoln Unrt 214 of the Sea Cadet Cory)s
On accounts lor the year
ondod
31 March 2022
Charlty no
lif any)
521949
Set out on pag••
1of8
I report to the trustees on my examination of the accounts of the above
¢hanty (Ihe Trust") for the y8ar ended 31 March 2022
As the charity's trustees, you are responsible for the pr8paration of Iho
accounts in accordance with the requirements of the Charities Act 2011
('the Ad").
Responsibilities and
ba•1• of report
I repurt in resped of Triy exan)ifio1iuTr of lh6 Tru6t's account¥ i ivu vLit
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all th8 applicable Directions given by the Charity Commi88ion
under section 145(5){b) of the Act
Indep•ndont
•xamlner'$ gtstement
I hAVA fA)mpiftted my •XAminAtifin l ttjnfirni thHt n¢) matftri*l matt•r* hAV8
come to my attention in connection with the examination lolher than that
disd08ed below ") which giv88 me cause to believe that in, any material
re8pect.'
the accounting r8cord8 were not kèpt in accordance with 8ection 130
of the Charities Act. or
the accounts did nol accord with the accountlng records., or
the accounts did not comply wrth the applicable requirements
con¢eming the forni and content of arxounts set out in Ihe Charities
(Accounls and Reports) Regulations 2008 other than any requirement
that the accounls give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no COn￿mS and have come across no other matters in connection
with the examination lo which attention should be drawn in this report in
order to enable 8 proper understanding of the accounts to be reached.
Pl88se delete the words in the br8ck8ts rfthey do not apply.
Dats:
0110812022
Slgned:
Nam?:
A J Lilley
Rol•vant prof¢s•ional I IndeDendent Examin6r
quallficationls) or body
111 any):
Addrnss:
63 Harrowby Lane. Gr8ntham ,Lincs. NG31 gHZ
IER
Oct 2018

eclion B
Disclosure
Only complete if the examiner needs to highlight matèrial matters of concem
(see CC.32, Independent examination of ch?nty accounts.. direGtions and
guidan￿ for examiners).
Glve her• brief detalls of
any itèms that tho
examlner wi8h•s to
dl•clos•.
NONE
Oct 2018
IER

LinGQin aea Cadets
Profit and Loss Report
QI W. 2021- 31 Al8ffjh, 2022
Sales
4000- Sales- PToducts
69.1
4011 S3les- Cadet cuntribut￿n5 - Gift Aid Ap￿ICal)le
3.728.00
4012- Sales. Carjet Contrilx*i..on5 - Non Grft
3.37ft.12
4016- Sllles. Cafe Nutty
rr4
4018 . Sales - Car Park Fws
1 052.93
300.Th)
4019- Lotiery
2.240 00
4200 . Sale of A5sei8
946.62
4400 - ￿her Income
49US- D￿l#l￿)n9 - Gift Aid
314.00
4906. Donatk)ns - Non Grft A
397 95
4911 . MSSC refund of r￿Urse fee$
716.00
491S - MSSC Iivsbng fee payment
106.00
7901 HFARC Charities Gift Ald
914.10
10000- Cadei Evp4)1
69Y.00
Tot•1 Sales
£31.514.73
Direet Exp•n8•s
5000- C08101 Sales - Gogds
233.80
5001 - Staff Rember¥ments
5,935.40
10001 Cadet Ewenl cosr
130.00
111002- MSSC - course fees
846.50
Ivvv
10004 - Purchase card
272.66
10005 E¥iefnal Fundraising
262.00
28 a)22 12 33

TotAI Dlreet Expefi¥es
£7.780.36
GROSS PROFIT I LOSS
3.734.37
¢￿•￿￿&d1
6000- Mthrketwg
1,139.86
710D-R&ni
300 00
7110 Waier Rales
2,100.33
7130 - Premises Insur8nce
y.1￿fin
6n4.1)0
-r210 C?iJ5 & Oil
7300 . Vthicle Fu41
lJiC' . ven•cre Repair ¥rio a￿*V1¥￿[l¥
1,188.e9
733Q- V8hicle Insurance
'JC-E.-;èrto,nmo,"
J46
75.10. T*lpphMe
250.00
7610 14¢counlbn¢y F••
7tioa - Repow* 8nd Renowg18. PropertyJWildlng
1 S 9,11.78
375 78
7Bin - Cleoning
fj,A42. 15
8()60 . re vJ5uallon
291.00
E123e - TrHlnlnq C05t6
T•t•l Qv•rh•ad•
35.088.11
NET PROFIT I LOSS
£50.800.4",
Apprtiv￿ Unit Treasurer
Date
28 &Jn 3)22 12.33

Lincoln ?ea Caaets
Balance She•t Report
To.. 31 Uar¢h, 2022
ASSETS
Fixed Ags•ts
9010- Pioperty Cosi
1.027,389.00
0030- Office equipmenl and IT Cosi
479.99
r)04rJ - Fixtyrfis and fittings Cosi
28.155.91
0052 . 8oélJ Cost
109.788.96
Total Flxod A55•ts
£1,172.763.86
Cuir•nt Asset?
IL%)O- Stock. Raw Matèrials
60.OD
1220- DA. Lincoln Unil Sea Cadel Curp
18,099.96
1230- Lincoln SCC - PFA Fund
509.3d
Totèl Curr•nt Assets
£22,398.22
TOTAL ASSETS
£1,195.162.08
LIABILITIES
Current Li8bilitles
Thr*rt
2100- Trade Cr¢diiors
-290.00
Total Curr•nt Llabllltl•s
£1,710.00
Future Liabillties
Tot•1 Future Llabllltl•s
£0.00
28 Jun ?022 12'.35
Pagvlof2

TOTAL LIABILITIES
£1,710.00
TOTAL NET ASSETS
£1,193,452.08
Net Prc>fil l Loss
1. 193.a5k.08
3100- Pn>fil ancl Los.$ Accouni
1.100,035.00
N¢t Pivfil /Loss Ipiior ycoi-lsll
34.616.61
Npl Pm*ii I I n.*¢ !riJrr4nl VftArl
4A Ann 47
TOTAL EQUITY
£1,193,452.08
L871&-41
16oqg- '}
É S)8. 34
t1rce￿
&CCOk)nt
LIC4 , TLLV)
28 Jun 2022 12-.35
Pxgp. 2 012