3RD SOUTH SHIELDS SEA SCOUT GROUP
Sea Scout Group undertaking sea and land based activities
Financial health, per its FY2025 accounts
The accounts state that the charity made a small profit of £1,508 for the year ended 31 March 2025. The trustees report that the group remains financially sound with sufficient funds to meet its objectives, citing a prudent reserves policy. Total unrestricted funds stood at £41,996, which the trustees consider sufficient to cover one year's running costs and equipment replacement.
What the accounts disclose
“The Group Executive Committee considers that the group should hold a sum equivalent to one year’s running costs, approximately £17,000 and a replacement fund of £15,000.”
Trustees
- Ian Robertson
- JASON RIBY
- Julie Anne Allison
- Kerry Currey
- Niall Jonathan Graham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £38k | £36k |
| 31/03/2024 | £48k | £46k |
| 31/03/2023 | £46k | £48k |
| 31/03/2022 | £38k | £19k |
| 31/03/2021 | £8k | £28k |
Common questions
Is 3RD SOUTH SHIELDS SEA SCOUT GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a small profit of £1,508 for the year ended 31 March 2025. The trustees report that the group remains financially sound with sufficient funds to meet its objectives, citing a prudent reserves policy. Total unrestricted funds stood at £41,996, which the trustees consider sufficient to cover one year's running costs and equipment replacement.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 04/08/2021 | £10k | COVID19 Return to Play |
| The National Lottery Community Fund | 18/02/2005 | £5k | Tall Ships Race |