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NUNEATON AND BEDWORTH UNIT 616 OF THE SEA CADET CORPS

Registered charity 1059141 · accounts filings on the Charity Commission register · also known as NUNEATON AND BEDWORTH SEA CADET CORPS, T.S. VANQUISHER, TS VANQUISHER SCC

Providing education and training on a nautical theme under the guidance of the Sea Cadet Regulations based on the traditions of the Royal Navy, to young people aged 10 -18. Encouraging them to recognise and achieve their full potential regardless of their background or ability. Supporting other local groups and fundraising in the community.

Causes: General Charitable Purposes · Education/training · Amateur Sport · website · Get email alerts

Latest income
£28k
Latest spending
£19k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's unrestricted reserves stood at £1,841 at the end of March 2025, which is below the trustees' stated policy target of six months' overhead costs. The financial review notes that the accounts have remained stable, supported by grants and community fundraising, despite challenges from the cost-of-living crisis.

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

What the accounts disclose

Reserves policy: six months' overhead costs (held: £2k)
“The trustees have established a policy whereby the reserves in total that are not invested in tangible fixed assets held by the Unit, should be up to the equivalent of 6 months' overhead costs of the charity.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Warwickshire

Income and spending

Financial year endIncomeSpending
31/03/2025£28k£19k
31/03/2024£60k£53k
31/03/2023£58k£64k
31/03/2022£45k£55k
31/03/2021£44k£25k

Common questions

Is NUNEATON AND BEDWORTH UNIT 616 OF THE SEA CADET CORPS financially healthy?

Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves stood at £1,841 at the end of March 2025, which is below the trustees' stated policy target of six months' overhead costs. The financial review notes that the accounts have remained stable, supported by grants and community fundraising, despite challenges from the cost-of-living crisis. Its FY2025 accounts were independently examined.