Registered Charity Number: 700297 HEB IT1760FT E SEA CADETS CO Unaudited Financial Statements for the Year Ended 31 arch 20 en artri lose ashington Tyne and ear NE3 IT 176 OF THE SEA CADETS CORPS port and accounts Contents Report of the Trustees Independent Examiner's report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities URN UNIT 17 OFT E SEA CADETS CORPS ort of the Tru tees for the Year En 31 arch 2025 The Trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The Trustees have adopted the provisions for the preparation of the accounts in accordance with the Chariti sAct2011. EFE Re istered Ch 700297 DAD 1ST TIVE D TAILS iste ed office ountbatten Memorial Building Prince Consort Industri l Estate Hebburn NE311EH Trustees Malcolm J Bone MBE Delia R E Ellison Martin Lightfoot Richard Porthouse Fiona Rev David Raine Emma C Spalding Clare Towns Indep ent Examiner M Bengston Bsc 27 Partridge Close Ayton Washington UCTURE, GOVERN Risk Man ent The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure ropriat controls are in plac to provide reasonable assurance against fraud and error. DMAN ENT OBJECTIVES AND ACTIVITIES Objectives and aims The charitable purpose of the Unit 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). N UNIT 17 OFT S CORPS ort of the Trustees for the Year Ended 31 arch 2025 JECTIVES AND ACTIVITIES Once again we continue to move forward with our training objectives and during this financial year we have built on the numbers of Staff and Cadets. We have, since our last financial year, introduced a d tachment of Royal Marine Cadets, which has been a huge success and adding a different arm to our already successful Sea Cadet Unit. We continue to be a training hub for both Northern Area Sea Cadets and Tyne South District Sea Cadets, holding a multitude of training courses. This not only boosts our credibilty as a training establishment, but also allows us full use of our buildings and training equipment. Backed by the Marine Society and Sea Cadets (MSSC) Tyne Tees Branch, we have drawn up plans and set up a fundraising appeal to update our Marine Engineering Centre. This was built over 15 years ago and now requires modernisation to cover the everchanging regulations within Marine Engineering. We hope this will be carried out during the financial year ending 31 March 2026, however this is dependent on the much needed funding. Offshore sail training continues to be a favourite method of our waterborne activities, offering cadets a chance to sail on a more complex ship and gain so much experience. In addition to our own boats, both motor, rowing and canoeing, all aspects of boating are covered which provide many hours of waterborne fun at our unit. Our overall success as a Sea Cadet Unit continues with the annual presentation of the Marine Society Society and Sea Cadets highest prestigious award of a burgee, this will be the 12th year in a row we have achieved this. Public enefit During this period our Staff and Cadets have attended many local public events, continuing to add our presence within the town of Hebburn and the Borough of South Tyneside. Annual events such as Armistice Day, Remembrance Sunday and Veteran's Day have been well represented by our Unit. Approved by order of the board of Trustees on 16th July 2025 and signed on its behalf by: Malcolm J Bone MBE- Chairman Delia R E Ellison - Treasurer N UNIT 17 A CADETS CO Independent Examiner's repo to the boar accounts of He urn Unit 176 of the Sea Ca of Trustees on the preparation of the Corps for the year ended 31 I report to the Trustees on my examination of the accounts for the year ended 31 March 2025. ective responsibilities of Trustees an The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under Section 145 of the 2011 Act. to follow the procedures laid down in the General Directions qiven by the Charitv Commission (under Section 145(5)(b) of the 2011 Act); and to state whether particular matters have come to mv attention. asis of the Inde ent examiner's report My examination was carried out in accordance with the General Directions qiven by the Charity Commission. An examination includes a review of the accountinq records kept bv the charity and a comparison of the accounts presented with those records. It also includes consideration of anv usual items or isclosures i e accounts, and seekin explan tions from you as Trustees concerninq any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is qiven as to whether the accounts present a tru ir view. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect: accounting records were not kept in accordance with section 130 of the Charities Act. the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn, in order to enable a proper understanding of the accounts, to be reached. L(.& sk Malcolm Bengston engston Bsc 27 Partridge Close Ayton Washington Tyne and Wear NE38 OES 16th July 2025 BBURN UNIT 176 OF THE SEA C Statement of Financial Activities for the year ended 31 arch 2025 ETS CORPS 2025 Total fun 2024 Total funds Unrestricted funds estricted funds Notes es fro Volu 33,327 33,327 19,210 SOURCES EXPE rit bl Charit DED ctivities 25,668 25,668 25,900 25,668 25,668 25,900 CONCILIATION OF FUNDS T t If rou 14,008 14,008 20,698 TOTAL FUNDS CARRIED FORWARD 21,667 21,667 14,008 The notes on pages 6 to 7 form part of these financial statements BURN UNIT 17 alance heet asat3 F THE SEA CADETS CORPS 202 nrestricted Restrict fun Tot I funds Total Cash at bank and in hand CRE ITO 21,667 21,667 14,008 NET CU T ASSETSI(LIABILITIES) 21,667 21,667 14,008 TOTAL ASSETS LESS CU ILITI ENT 21,667 21,667 21,667 21,667 14,008 14,008 NETA l(Ll ILITIE FUNDS Unrestricted f 21,667 14,008 TOTAL FUN 21,667 14,008 The financial statements were approved by the Board of Trustees on 16th July 2025. and were signed on its behalf by: Icolm J Trust E Ellison - Trust The notes on pages 6 to 7 form part of these financial statements HEBBURN UNIT 176 nci È THE SEA CADETS CORPS for th ren rch 2025 1 ACCOUNTING POLICIES Acc unti Conv The financial statements have been prepared und r the historical cost convention. Inco res urces All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ces expe Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings t ey have been allocated to activities on a basis consistent with the use of resources. Taxa . The charity is exempt from corporation tax on its charitable activities. ccounti Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. estricted funds can only be used for particular restricted purposes within the objects of the charity. estrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 2 VOLUNTARY INCO 2025 2024 Donations & L acies 33,327 19,210 3 TRUSTEES. REMUNERATION AND BENEFITS There were no Trustees, remuneration or other benefits for the year ended 31 March 2025. (£Nil - 2024). TRUSTEES. EXPENSES There were no Trustees, expenses paid during the year to 31 March 2025. (£Nil - 2024). HEBBURN UNIT 176 OF THE SEA CADETS CORPS N t stot e Financial Stat for the year ended 31 rch2 TS FALLI G DUE WITHIN ONE YEAR 2025 2024 Accrued ex enses 5 MOVEMENT I FUNDS 01-Apr-24 in fun 31- eral fund 14,008 7,659 21,667 tri Restricted income TOTAL FUNDS 14,008 7,659 21,667 Net moveme tinfun s, included in the above are as follows: min urces ourc expen eneral fu 33,327 (25,668) 7,659 tri fun Restrict d income TOTAL FUNDS 33,327 (25,668) 7,659 BURN UNIT 176 OF T E SEA CADETS CORPS Detailed tatement of Financial fort e year ended 31 rch 202 inc tion and Le Don acies 33,327 19,210 sourc 33,327 19,210 RESO rit Goods uncil tax Utilities Trans Insur nc Servicing Training Mainten 5,161 748 6,029 2,173 3,959 3,545 3,614 439 3,397 636 4,944 2,652 3,713 807 8,160 1,591 nce 25,668 25,900 rnanc Accountancy rt costs rc 25,668 25,900 ici 7,659 (6,690)