NUNEATON AND BEDWORTH UNIT 616 OF THE SEA CADET CORPS
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.
Objects
The charitable purpose of the Unit (the Purpose) 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).
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.
What the accounts disclose
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 14
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 16
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 30
- Government income: £5,000 — contracts £5,000 (1); 9% of the £57,933 total gross income on the same return
- Grant-making is its main activity
Trustees
- Rebecca Louise TURVEYchair
- Kerri Rowntree
- Magda Gawrys
- Margaret Rose Blizzard
- Revd Dr Allan Robert Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GOSLING FOUNDATION LIMITED | 1 | £15k |
| THE EAST LANCASHIRE MASONIC CHARITY | 1 | £5k |
| THE DULVERTON TRUST | 1 | £4k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
Charities like this
- SCUNTHORPE UNIT 298 OF THE SEA CADET CORPS
- CROYDON UNIT 96 OF THE SEA CADET CORPS
- NORWICH UNIT NO 257 OF THE SEA CADET CORPS
- LUTON UNIT 226 OF THE SEA CADET CORPS
- ACCRINGTON AND DISTRICT UNIT OF THE SEA CADET CORPS
- BURNHAM-AND-HIGHBRIDGE NO 552 UNIT OF THE SEA CADET CORPS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NUNEATON AND BEDWORTH UNIT 616 OF THE SEA CADET CORPS | £28k | — | 0 | unclear | — | no doubt |
| SCUNTHORPE UNIT 298 OF THE SEA CADET CORPS | £18k | — | 0 | unclear | — | no doubt |
| CROYDON UNIT 96 OF THE SEA CADET CORPS | £66k | — | 0 | unclear | — | no doubt |
| NORWICH UNIT NO 257 OF THE SEA CADET CORPS | £33k | — | 0 | unclear | — | no doubt |
| LUTON UNIT 226 OF THE SEA CADET CORPS | £27k | — | 0 | below | — | no doubt |
| ACCRINGTON AND DISTRICT UNIT OF THE SEA CADET CORPS | £27k | — | 0 | unclear | — | no doubt |