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PORTLAND UNIT OF THE SEA CADET CORPS

Registered charity 1026000 · accounts filings on the Charity Commission register · also known as PORTLAND SEA CADER UNIT TS PENN, T S PENN

YOUTH ORGANISATION FOR 10 TO 18 YR OLDS WHO RECIEVE TRAINING BASED ALONG THE THE STRUCTURE OF THE ROYAL NAVY.

Causes: Education/training · Get email alerts

Latest income
£55k
Latest spending
£79k
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity operated with a significant deficit of £24,128 for the year, primarily due to expenditure on building projects. However, per the treasurer's statement, the unit maintains a financial reserve representing approximately one year’s running costs, with bank balances totaling £60,308.50 at the end of the period.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Fund raising events and Easy Fundraising (32% of income)
“Fund raising events and Easy Fundraising – about 32%” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: approximately 1 year’s running costs - £10k (held: £60k)
“The Unit maintains a financial reserve, representing approximately 1 year’s running costs - £10k.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Holding (Custodian) Trustees: The Marine Society & Sea Cadets (MSSC)
“Holding (Custodian) Trustees: The Marine Society & Sea Cadets (MSSC)”
“Tranche 1 works: MSSC - £25,000;” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant from MSSC for Tranche 1 works
“Holding (Custodian) Trustees: The Marine Society & Sea Cadets (MSSC)”
“Tranche 1 works: MSSC - £25,000;” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant from Dorset Council for Galley Project
“Holding (Custodian) Trustees: The Marine Society & Sea Cadets (MSSC)”
“Tranche 1 works: MSSC - £25,000;” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant from Court Leet for Galley Project
“Holding (Custodian) Trustees: The Marine Society & Sea Cadets (MSSC)”
“Tranche 1 works: MSSC - £25,000;” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Dorset

Income and spending

Financial year endIncomeSpending
31/03/2025£55k£79k
31/03/2024£95k£53k
31/03/2023£13k£6k
31/03/2022£22k£6k
31/03/2021£20k£11k

Common questions

Is PORTLAND UNIT OF THE SEA CADET CORPS financially healthy?

Per its FY2025 accounts: The accounts state that the charity operated with a significant deficit of £24,128 for the year, primarily due to expenditure on building projects. However, per the treasurer's statement, the unit maintains a financial reserve representing approximately one year’s running costs, with bank balances totaling £60,308.50 at the end of the period. Its FY2025 accounts were independently examined.