NORTHAMPTON UNIT 255 OF THE SEA CADET CORPS
The aim of the sea cadet corps is to help young people towards responsible adulthood by encouraging valuable personal attributes and high standards of conduct, using a nautical theme based on the customs of the Royal Navy.
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 unrestricted reserves of £40,091.74 were held at year-end, which the trustees note equates to 23 months of revenue payments against a policy target of three months. The independent examiner reported that no matters came to their attention requiring further disclosure, and the trustees confirmed that resources are adequate for ongoing activities.
What the accounts disclose
“CADET CONTRIBUTIONS £21,328.56” — page 1
“The charity trustees’ policy aims to maintain unrestricted reserves at a level equating to 3 months revenue payments” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity 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
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- 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
Trustees
- Andrew Jolleychair
- Colonel John Anthony Royle MBE DL
- Iain Haddock
- Ivna Reic
- JULIAN CHARLES BANKS FCA
- Samantha Green
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £32k | £27k |
| 31/03/2024 | £29k | £36k |
| 31/03/2023 | £35k | £39k |
| 31/03/2022 | £44k | £34k |
| 31/03/2021 | £52k | £73k |
Common questions
Is NORTHAMPTON UNIT 255 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £40,091.74 were held at year-end, which the trustees note equates to 23 months of revenue payments against a policy target of three months. The independent examiner reported that no matters came to their attention requiring further disclosure, and the trustees confirmed that resources are adequate for ongoing activities. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/12/2016 | £10k | Facility Improvement Project |