BASILDON UNIT 551 OF THE SEA CADET CORPS

Registered charity 288994 · accounts filings on the Charity Commission register · also known as BASILDON SEA CADETS, T.S NAUTILUS, T.S. NAUTILUS BASILDON SEA CADET CORPS NO.551

the aim of the sea cadets 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).

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£37k
Latest spending
£21k
Registered
1984
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves amounted to a level equating to months' revenue payments, though the specific number of months is redacted in the text. The unit reported a net increase in cash balance of £16,957.54 for the year, resulting in year-end cash holdings of £24,828.42.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a level equating months revenue payments
“The charity trustees’ policy aims to maintain unrestricted reserves at a level equating months revenue payments in order to safeguard the Unit's ongoing activities from any unexpected fluctuations in income” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Essex

Income and spending

Financial year endIncomeSpending
31/03/2025£37k£21k
31/03/2024£9k£7k
31/03/2023£4k£8k
31/03/2022£10k£8k
31/03/2021£11k£5k

Common questions

Is BASILDON UNIT 551 OF THE SEA CADET CORPS financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves amounted to a level equating to months' revenue payments, though the specific number of months is redacted in the text. The unit reported a net increase in cash balance of £16,957.54 for the year, resulting in year-end cash holdings of £24,828.42. Its FY2025 accounts were independently examined.