MERTON UNIT 368 OF THE SEA CADET CORPS
WE ARE A YOUTH ORGANISATION BASED IN THE MITCHAM AREA OF THE LONDON BOROUGH OF MERTON.PART OF THE MARINE SOCIETY AND SEA CADET CORPS. WE PROVIDE TRAINING FOR YOUNG PEOPLE, AGED BETWEEN 10YRS AND 18YRS, ALL BASED ON A NAUTICAL THEME,AS WELL AS OUTDOOR PURSUITS, BTEC, AND DUKE OF EDINBURGH AWARD SCHEME. THE AIM IS TO ASSIST THE YOUNG PEOPLE IN OUR CARE, TO BECOME RESPONSIBLE CITIZENS OF THE FUTURE.
Financial health, per its FY2025 accounts
The accounts state that total revenue increased significantly to £61,261.11 from £31,465.28 in the prior year, driven by re-letting flats and receiving grants. However, the charity holds substantial liabilities of £18,578.52 in loans repayable against unrestricted reserves of £4,284.57, indicating a net liability position.
What the accounts disclose
Trustees
- Barry Blackhall
- Steph Rolfe
- Stephanie Blackhall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £65k | £62k |
| 31/03/2024 | £58k | £58k |
| 31/03/2023 | £43k | £46k |
| 31/03/2022 | £31k | £37k |
| 31/03/2021 | £38k | £39k |
Common questions
Is MERTON UNIT 368 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that total revenue increased significantly to £61,261.11 from £31,465.28 in the prior year, driven by re-letting flats and receiving grants. However, the charity holds substantial liabilities of £18,578.52 in loans repayable against unrestricted reserves of £4,284.57, indicating a net liability position. Its FY2025 accounts were independently examined.