IPSWICH UNIT 195 OF THE SEA CADET CORPS
To provide a range of activities, sports and skills that are attractive and adventurous within a caring discipline, based on the high standards of the Royal Navy and to assist in development of self-confidence, self-discipline, leadership and sense of responsibility to the community.
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 reported a deficit of nearly £30,000 for the year, driven by significant capital expenditures such as a pontoon costing over £50,000. The treasurer notes that outgoings are climbing rapidly, necessitating an increase in cadet subscriptions and new uniform contributions to offset costs. Despite these financial pressures, the unit remains functional and is actively fundraising for future building replacement.
What the accounts disclose
“The majority of ongoing funding comes from subs.” — page 5
“We do not have as much money as we did 5 years ago, that is deliberate. It was felt that we should be spending money on today’s cadets, whilst maintaining a balance for tomorrow’s cadets.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events 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
- 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
- William felgatechair
- JOHN PETER DOWNIE
- Richard Wilding
- Shaun Sams
- TRACY SAMS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £10k | £12k |
| 31/03/2025 | £30k | £60k |
| 31/03/2024 | £32k | £14k |
| 31/03/2023 | £10k | £13k |
| 31/03/2022 | £16k | £16k |
Common questions
Is IPSWICH UNIT 195 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of nearly £30,000 for the year, driven by significant capital expenditures such as a pontoon costing over £50,000. The treasurer notes that outgoings are climbing rapidly, necessitating an increase in cadet subscriptions and new uniform contributions to offset costs. Despite these financial pressures, the unit remains functional and is actively fundraising for future building replacement.
Who funds IPSWICH UNIT 195 OF THE SEA CADET CORPS?
Funders whose own accounts filings name IPSWICH UNIT 195 OF THE SEA CADET CORPS as a grant recipient include THE GOSLING FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GOSLING FOUNDATION LIMITED | FY2024 | £5k | General |