CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trust88sl members of Lincoln Unit 214 of the Sea Cadet Corps On accounts for the year ended 31 March 2023 Charity no (If any) 521949 Sot out on pages 1of7 I report to the trustees on my examination of the accounts of the above Charity I'the Trust") for the year ended 31 March 2023 As the charity's trustees, you are responsible for the preparation of the accounts in accordance with th8 requirements of the Charities Act 2011 {'th8 Act.). Responslbllltles and basls of report I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying OLrt my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(51{b) of the Act. Independent examlnarf8 8tatsmont I have completed my examination. I cOnfin that no material matter8 have Come to my attention in connection wilh the examinalion (other Ihan 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 a¢¢ounts did not ac¢ord wtth the accounting records,. or the accounts did not comply with the applicable requirement8 concerning the form and content of accounts set oul 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 ¢on¢ems 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 bè reached. Please delete the words in the brackets if they do not apply. Slgned." Date: 0610712023 Name: A J Lilley Relevant professlonal qualification(sl or body (If any): Independent Examiner Address: 63 Harrowby Lane, Grantham ,Lincs. NG31 9HZ IER Oct 2018
Section B Disclosure Only complete iflhe examiner needs to highlight material matters of COnM (see CC32. Independent examination of chartty accounts.. directions and guidance for examiners). Glve here brief details of any Items that the examiner wishes lo dl8¢1088. NONE IER Oct 2018
Llncoln Sea Cadets Proflt and Loss Report 01 Aprll, 2022. 31 March, 2023 8•1•1 4000- Sal86- Products 2,703.30 40t1- 8aKw- Cadet Contributions- Gift Ald Appllcabl 4,486.C¥J 4012- Sakn- Cadet ContrfbutlonB. Non Glft Ald 4,304.00 4015. Sakry8- Speclal Ev•nt- Fundral&ng 2,018.50 4016. S81o8- Caf• and Nutty 2.778.25 4017- S•lè$- Cour8e Fee8 2.628.70 4018- S•lo8- Car P&rk Fees 3,091.00 4015. Lottary 237.50 4200- S&1• of A88el8 110.00 4900- Other Income 3,435.27 4905. DonAtloh&. Glft AJd 554.00 49C6- Donatlon8- Non Glft 2.834.00 4911- MSSG rofund ol ¢our8e fees 3.081.96 4915- MSSC ho$tlng fee paymont 472.00 71- HMRC Ch8rftles Gfft Abd 1,078.03 100CKJ- C8det Event 2.430.C rotal Sal £36,242.51 Dlr•ct Exp•M•• 5000- Cost of Sal•s- Gor>JB 394.79 5001- Staff Roknb8tsrnents 4.575.66 5021- CoBt ofSal6s- Events 19.73 SC%80- ther Dlrect Exp8ns8S 63.98 5061- Relund ol eoursg fe85 to parents go.00 C6JLd 202320'.31 Pag•lLrf3
1ty)01- Cadet Event COSt 4,149.00 1C#)02- MSSC- course leos 3,010.85 10003- Annual Unrt Contrfbuuon Fee 100.00 1CQ04- RJrch8s8 card 3,746.86 Tot•1 Dlr•et Exp•nv¥ £18,150.87 GROSS PROFIT I LOSS £20,091.64 Ov•rh•ad• 7100- Rt 702.60 7130- Pmml88& Insurnnc• 2,309.20 72ts)- Electrfcbty 1,320.00 7210-Ga8&0il 1,821.00 7300- Vehid? Fu81 1.509.31 7310- Vehlda R•p8lr and SgNlclng 1.293.OS 7330- Vehic40 Insurance 595.00 7340- K4iK8llan•ous Vehld8 Expenses 641.40 7400- Trgv8IUng 60.c4) 7410. Car Hirn 408.00 7430- Entgrta1nMt 999.90 7460- Sub818t•nc 57.C4) 7500- Prinng 147.54 7520- Offiea SlaJonery 67.87 7530- Tèl•phone 349.16 75SO. Cornputer & Sothvare 59.99 7610- AntancY Fegs 200.00 7620- Consuttancy & Prolasslon81 F8e8 150.00 78110- R8palrs and R8newals- Prop8rtylBulldlng 2.569.46 7802- Repairs and RenawAls- Boats 2,183.24 7810- Cleanlng 741.44 7900- Bank Charges and Irrteresl -31.73 oe 2023 20."31
8200- General Expenses 658.77 8220- Ch)thlng Costs 416.76 8230- Tralnlng Costs 2,353.00 8240- R•frathm8nts 1,188.52 Totsl Ov•rh•ad8 £22.770.50 NET PROFbT I LOSS 2,67e.86 06 Jul 2023 20".31 P•*3d3
Lincoln Sea Cadets Balance Sheet Report To.. 31 M8rch. 2033 Flx•d A•••t• 0010- Property- 1,027,339.¢J) 0030- Offle• aqulpmant and IT- Co$t 674.33 0040- Flxtur•s and fftting8- Cost 28,255.91 0050- Motor Vghldg8- ¢t 7.OCX).00 0052- Boats- Cost 109,588.96 Totsl Fl¥•d A•••t• £1,172,858.20 Curr•nt A•MI• 1000- Stock- Raw Matsda18 80.00 1200- CA- Llncoln Unlt Sea Cad8t CorpB 1.918.41 1220- DA- Lln¢dn Unlt Seg Cgdgl Co 14,931.69 1230- Llnmln SCC- PFA Fund 1,004.92 Totsl Curront Ass•ts £17,915.02 TOTAL ASSETS £1.190,773.22 UAWLmE8 Curr•nt Llabllltl Totsl Curr•nt Llabllltl•8 £0.00 Futur• Llabllltl•• Total Fthvr• Llabilltlos £0.00 L2zQ) Pap1rf2
TOTAL LIABILrriES £0.00 TOTAL NET ASSETS £1.190,773.22 Eourry Nel Profft l Lo 1.190,773.22 3100- Pffjlll andLoss Account 1.100.035.00 N81 Pffjfft/L088 (prtorye8rf5lJ 93,417.08 Net PnJfft/Lo8s {rrentY•*) -2,678.88 TOTAL eourry £1,190,773.22 (6 Jul 2023 20'.30 Pas•2(42
Account balances at end of March 2023 Current account £1918.41 Deposit account £14931 .69 PFA account £1004.92 Cash nil
Treasurers report May 2022-April 2023
This year has sadly still not seen, apart from the Dragon Boat race with Ringrose Law, any chances for fundraising on the Brayford. The couple of events that have been held have been small and around the Lucy Tower junction.
Despite this we have made purchases of the following: some tents and maps for the DofE expeditions, a second freezer to go with the existing fridge/freezer, some waterproof radios and display cabinets for all our trophies. We have also had the rather dodgy loft ladder replaced and had our boats serviced by Priory Marine.
We sold a number of boats to other units, have a new sponsor, Inzpire, who have kindly purchased sports kits and hoodies for all of our cadets, and we received donations from the Masonic Charitable Foundation and the Lincoln Rowing Centre. We also received about £1400 in Gift Aid.