ST ALBANS UNIT OF THE SEA CADET CORPS
sailing, canoeing, hiking, off-shore sailing, off-shore power, mechanical and electrical engineering, 5-a-s football, ceremonial drill, band, Duke of Award Scheme, people skills, leadership.
Financial health, per its FY2025 accounts
The accounts state that year-end reserves amounted to £99,715, which the trustees acknowledge equals 36 months of revenue payments to safeguard ongoing activities. The unit reported a net decrease in cash balance of £3,060.53 for the year, with total receipts of £45,612.31 against total payments of £41,184.81. The independent examiner confirmed that no matters came to their attention requiring disclosure regarding the accounts.
What the accounts disclose
“PROPERTY RENTS (includes any occasional lettings/hirings) AMS, Striders, others 31,350.23” — page 1
“Year-end reserves amounted to £99,715 equal to 36 months’ on that basis.” — page 5
Trustees
- BRIAN HEWITT
- Caroline Williams
- Lynda Bishop
- Philip Remnant
- Richard Harvey
- Robert Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £43k | £43k |
| 31/03/2024 | £46k | £36k |
| 31/03/2023 | £44k | £34k |
| 31/03/2022 | £33k | £20k |
| 31/03/2021 | £34k | £18k |
Common questions
Is ST ALBANS UNIT OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that year-end reserves amounted to £99,715, which the trustees acknowledge equals 36 months of revenue payments to safeguard ongoing activities. The unit reported a net decrease in cash balance of £3,060.53 for the year, with total receipts of £45,612.31 against total payments of £41,184.81. The independent examiner confirmed that no matters came to their attention requiring disclosure regarding the accounts. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 29/04/2014 | £4k | Purchase Rowing Boat to start rowing on lake local to Unit |
| The National Lottery Community Fund | 02/07/2009 | £10k | Unit Refurbishment Project |