TUNBRIDGE WELLS UNIT 340 OF THE SEA CADET CORPS
Delivering activites for young people
Latest income
£147k
Latest spending
£209k
Registered
1963
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves at year-end were £21,314.76, which is below the trustees' stated policy target of 42 months of revenue payments. The unit reported a net decrease in cash and bank balance of £61,945.32 for the financial year, reducing its closing cash balance to £64,650.49.
What the accounts disclose
Largest income source: Annual Fund/Direct Grant (89% of income)
“ANNUAL FUND/DIRECT GRANT - (restricted) £130,024.54” — page 1
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 81.9% of fundraised income, as disclosed
“FUNDRAISING & SPECIAL EVENTS COSTS £4,445.07” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £21k; policy: 42 months revenue payments)
“Year-end reserves amounted to £21,314.76 months’ on that basis.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- David Fawcettchair
- Daniel Cooper
- David Walter
- Faye MacCallum
- Judith Horwood
- Simon Goldsmith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £147k | £209k |
| 31/03/2024 | £136k | £68k |
| 31/03/2023 | £36k | £23k |
| 31/03/2022 | £32k | £30k |
| 31/03/2021 | £33k | £13k |
Common questions
Is TUNBRIDGE WELLS UNIT 340 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves at year-end were £21,314.76, which is below the trustees' stated policy target of 42 months of revenue payments. The unit reported a net decrease in cash and bank balance of £61,945.32 for the financial year, reducing its closing cash balance to £64,650.49. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 17/01/2014 | £4k | "Venture 14" |