Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 


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## **Carrickfergus Sea Cadets** 

## **INCOME AND EXPENDITURE ACCOUNTS** 

**FOR THE YEAR ENDED 31 MARCH 2025** 



Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 


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## **Charity Number** 

104021 

## **Address** 

Carrickfergus Sea Cadets Alexander Pier, Quayside Carrickfergus Co Antrim  BT38 8BE Tel. 028 93350300 

## **Treasurer** 

Mr J A Balmer 

## **Secretary** 

Mr W Cheshire 

## **Chairman** 

Mr N Thompson 

## **Bank** 

Danske Bank Limited 21-23 High St Carrickfergus Co Antrim  BT38 7AL Tel. 028 904 5690 



Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 


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## **INDEX** 

|Accountant’s Report|1|
|---|---|
|Income and Expenditure Account|2|
|Balance Sheet|3|
|Notes to the Accounts|4 - 5|





Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 


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## _**Treasurer ‘s Report for the year ended 31 March 2025**_ 

I have prepared, without audit, the accounts set out on pages 2 to 5 from the accounting records of Carrickfergus Sea Cadets and from information and explanations supplied to me. 

Dated : ........................................ 

Signed : ....................................... 

J A Balmer BA FCA Treasurer 

1 



Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 ------------------------------------------------------------------------------------------------------------------------------------ 

## **Income and Expenditure Account** 

||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|**Income**|||
|EA Grant|1,600|2,981|
|Galley Sales|668|-|
|Cadet Donations|2,804|3,109|
|Other Income|718|1,139|
||||
|**Total Income**|**5,790**|**7,229**|
||||
||||
|**Expenditure**|||
||||
|Salaries and Wages|-|-|
|Depreciation|9,471|9,471|
|Heat & Light|2,861|2,337|
|Motor Expenses|-|44|
|Repairs and Maintenance|2,224|837|
|Telephone|-|634|
|Bank Fees / Charges|73|41|
|General Expenses|1,122|835|
|Insurance|2,561|2,450|
||||
|**Total Expenditure**|**18,312**|**16,749**|
||||
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|**SURPLUS / (DEFICIT)**|**(12,522)**|**(9,520)**|
||||



2 



Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 ------------------------------------------------------------------------------------------------------------------------------------ 

## **Balance Sheet as at 5 April 2025** 

||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
||||
|**Fixed Assets**|||
|Property|136,590|144,503|
|Boats & Equipment|1,413|2,971|
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|**Current Assets**|||
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|Cash at Bank|7,050|11,241|
|Debtors and Prepayments|276|1,170|
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|**Current Liabilities**|||
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|Creditors-due within one year|275|2,309|
||||
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|**Net Current Assets**|7,051|10,102|
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|Creditors–due after one year|-|-|
||||
|**NET ASSETS**|**145,054**|**157,576**|
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||||
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|**Reserves**|||
||||
|General Fund Reserve|(52,508)|(39,986)|
|Other Reserves|197,562|197,562|
||||
|**TOTAL RESERVES**|**145,054**|**157,576**|
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3 



Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 


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## **1 Accounting Policies** 

## (a) Stocks 

Stock is valued at cost or net realisable value if lower 

## (b) Depreciation 

Fixed assets are depreciated at rates and on bases designed to write off the cost of the assets over their expected useful lives. The rates and bases in use are : 

Property : 2.5% Straight Line Vehicles : 25% Reducing Balance Boats & Equipment : 10% Straight Line 

## **2 Tangible Fixed Assets** 

||Property|Motor<br>Vehicles|Boats and<br>Equipment||Total|
|---|---|---|---|---|---|
||**£**|**£**|**£**||**£**|
|**Cost**||||||
|@ 31.03.24|318,698|-|55,727||374,425|
|Additions|-|-|-||-|
|Disposals|-|-|-||-|
|||||||
|@ 31.03.25|318,698|-|55,727||374,425|
|||||||
|**Depreciation**||||||
|@ 31.03.24|174,195|-|52,756||226,951|
|Charge for year|7,913||1,558||9,471|
|On Disposals|-|-|-||-|
|||||||
|@ 31.03.25|182,108|-|54,314||236,422|
|||||||
|**Net Book Value**||||||
|@ 31.03.25|**136,590**|**-**|**1,413**||**138,003**|
|||||||
|@ 31.03.24|**144,503**|**-**|**2,971**||**147,474**|



4 



Carrickfergus Sea Cadets – TS Warrior Accounts for the year ended 31[st] March 2025 

**3 Creditors** 


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||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
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|Other creditors|275|2,309|
|Accruals|-|-|
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||**275**|**2,309**|



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