Bromley Sea Cadets
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.
Financial health, per its FY2025 accounts
The accounts state that the unit held unrestricted reserves of £23,671.77 at year-end, which equated to a specific number of months' revenue payments to safeguard ongoing activities. The filing notes that the unit received donated facilities/services during the financial year, although the specific value is not quantified in the provided text. The independent examiner's report is noted as required to be attached to the statement.
What the accounts disclose
“The charity trustees’ policy aims to maintain unrestricted reserves at a level equating to months revenue payments in order to safeguard the Unit’s ongoing activities from any unexpected fluctuations in income” — page 3
Trustees
- Alec Ted Marden
- Phyllis Anne Coughlin
- Rev Roger Bristow
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £35k | £11k |
| 31/03/2024 | £22k | £16k |
| 31/03/2023 | £14k | £11k |
| 31/03/2022 | £17k | £15k |
| 31/03/2021 | £11k | £15k |
Common questions
Is Bromley Sea Cadets financially healthy?
Per its FY2025 accounts: The accounts state that the unit held unrestricted reserves of £23,671.77 at year-end, which equated to a specific number of months' revenue payments to safeguard ongoing activities. The filing notes that the unit received donated facilities/services during the financial year, although the specific value is not quantified in the provided text. The independent examiner's report is noted as required to be attached to the statement. Its FY2025 accounts were independently examined.