FALMOUTH AND PENRYN UNIT OF THE SEA CADET CORPS
Cadet education, rowing, sailing and some sports activities
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 ended the year with total net assets of £186,395, comprising £90,084 in restricted funds and £96,311 in unrestricted funds. Per the trustees' report, the charity continued with normal operations and saw growth in cadet and staff numbers, with grants and subsidies continuing to provide income. The independent examiner reported no matters requiring attention, indicating the accounts were prepared in compliance with applicable standards.
What the accounts disclose
“The Trustees consider a minimum level of reserves is appropriate” — page 4
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
- 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
Trustees
- MICHAEL CHARLES NIXONchair
- Angela ADAMS
- Louisa Dorothy CHILD
- Matthew Elliott WEETCH
- PAUL FERGUSSON GLOVER
- Peter Arden CLAY
- SARAH JANE PAYNE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £32k | £28k |
| 31/03/2024 | £23k | £28k |
| 31/03/2023 | £22k | £27k |
| 31/03/2022 | £34k | £29k |
| 31/03/2021 | £102k | £62k |
Common questions
Is FALMOUTH AND PENRYN UNIT OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with total net assets of £186,395, comprising £90,084 in restricted funds and £96,311 in unrestricted funds. Per the trustees' report, the charity continued with normal operations and saw growth in cadet and staff numbers, with grants and subsidies continuing to provide income. The independent examiner reported no matters requiring attention, indicating the accounts were prepared in compliance with applicable standards. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/10/2007 | £7k | New Rescue/Safety Boat |