Leicester Navy Cadets
FS Bulwark encourages young people into responsible adulthood using the customs of the Royal Navy and Royal Marines. We teach cadets from 8 years to 17 years, life skills that they use to further their education and chosen career. We also coach them in many different water sports that are nationally recognised. We also train in discipline, teamwork, leadership, engineering, catering, and much more
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £5,136, which is below the trustees' stated policy target of holding a minimum of three months of average expenses. The total cash funds at the end of the period were £6,058, resulting in a net surplus of £483 for the year.
What the accounts disclose
“We also had reserves of £5136. We should hold a minimum of 3 months of average expenses in reserves.”
Trustees
- Derry Handchair
- Lorraine Sullivan
- Thomas Taylor
- Vida Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £26k | £25k |
| 31/03/2024 | £24k | £21k |
| 31/03/2023 | £41k | £56k |
| 31/03/2022 | £25k | £15k |
| 31/03/2021 | £32k | £36k |
Common questions
Is Leicester Navy Cadets financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £5,136, which is below the trustees' stated policy target of holding a minimum of three months of average expenses. The total cash funds at the end of the period were £6,058, resulting in a net surplus of £483 for the year.