FELIXSTOWE UNIT 478 OF THE SEA CADET CORPS
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 the charity held total reserves of £283,814.60 at the end of the period, comprising £2,100.40 in unrestricted funds and £262,610 in restricted funds. The trustees report that there were no liabilities at the year end and that the unit operates as a self-supporting youth organisation reliant on volunteers.
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 to 3 months overhead costs of the charity.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- 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: 15
- Government income: £2,500 — grants £2,500 (2); 9% of the £28,858 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 15
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 18
Trustees
- Clive Peter Bury
- Graham Frederick Waylett
- Louisa Deakin
- Malcolm George Beer
- Nicholas Williams
- Sharon Waylett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £15k |
| 31/03/2024 | £15k | £22k |
| 31/03/2023 | £20k | £12k |
| 31/03/2022 | £22k | £12k |
| 31/03/2021 | £23k | £8k |
Common questions
Is FELIXSTOWE UNIT 478 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total reserves of £283,814.60 at the end of the period, comprising £2,100.40 in unrestricted funds and £262,610 in restricted funds. The trustees report that there were no liabilities at the year end and that the unit operates as a self-supporting youth organisation reliant on volunteers. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 10/01/2025 | £5k | Millionaire Street 2025 01w3 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
Charities like this
- CAMBERLEY UNIT 477 OF THE SEA CADET CORPS
- CARLISLE UNIT 394 OF THE SEA CADET CORPS
- FILEY UNIT OF THE SEA CADET CORPS
- WANDSWORTH CHELSEA AND FULHAM UNIT 278 OF THE SEA CADET CORPS
- BARROW-IN-FURNESS UNIT NO 23 OF THE SEA CADET CORPS
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FELIXSTOWE UNIT 478 OF THE SEA CADET CORPS | £29k | — | 0 | unclear | — | no doubt |
| CAMBERLEY UNIT 477 OF THE SEA CADET CORPS | £32k | — | 0 | above | 104.4% | no doubt |
| CARLISLE UNIT 394 OF THE SEA CADET CORPS | £25k | — | 0 | unclear | — | no doubt |
| FILEY UNIT OF THE SEA CADET CORPS | £86k | — | — | unclear | — | no doubt |
| WANDSWORTH CHELSEA AND FULHAM UNIT 278 OF THE SEA CADET CORPS | £32k | — | 0 | unclear | — | no doubt |
| BARROW-IN-FURNESS UNIT NO 23 OF THE SEA CADET CORPS | £30k | — | 0 | above | — | no doubt |