BURNHAM-AND-HIGHBRIDGE NO 552 UNIT OF THE SEA CADET CORPS
Youth training in a variety of nautical-themed life skills including seamanship and first aid, afloat training, land-based personal skills, attendance in civic events including support to other charities with fundraising and participation in the Duke of Edinburgh's Award Scheme at all levels, and BTec qualifications at Level 1 and Level 2.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £9,028 for the year, resulting in total funds decreasing from £290,384 to £281,356. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity relies entirely on donations and fundraising to cover core costs, noting that grants are becoming increasingly challenging to secure.
What the accounts disclose
Trustees
- Victoria Hallchair
- Corey James Hayes
- Hazel Fear
- Joanne Harvey
- Marcus John Bott
- Martyn Charles Cockram
- Roxanne Faulks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £37k | £33k |
| 31/03/2024 | £33k | £38k |
| 31/03/2023 | £34k | £36k |
| 31/03/2022 | £39k | £36k |
| 31/03/2021 | £47k | £21k |
Common questions
Is BURNHAM-AND-HIGHBRIDGE NO 552 UNIT OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £9,028 for the year, resulting in total funds decreasing from £290,384 to £281,356. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity relies entirely on donations and fundraising to cover core costs, noting that grants are becoming increasingly challenging to secure. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 12/07/2023 | £2k | Core costs for running the sea cadets group |
| Somerset Community Foundation | 01/02/2023 | £3k | Contribution towards the overheads of a uniformed youth group, which have risen due to the cost-of-living crisis |
| Somerset Community Foundation | 31/07/2019 | £2k | Interior lighting |
| Somerset Community Foundation | 20/05/2016 | £400 | Additional Classroom Space and Facilities |