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 cOnfi￿n 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 COn￿M
(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
7￿1- 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- R￿t
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- Entgrta1nM￿t
999.90
7460- Sub818t•nc
57.C4)
7500- Prin￿ng
147.54
7520- Offiea SlaJonery
67.87
7530- Tèl•phone
349.16
75SO. Cornputer & Sothvare
59.99
7610- A￿ntancY 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
L￿￿2￿￿zQ￿)
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.