HASTINGS UNIT 173 OF THE SEA CADET CORPS
TO PROVIDE A RANGE OF ACTIVITIES ,SPORT AND SKILLS WHICH ARE ATTRACTIVE AND ADVENTUROUS WITHIN A CARING DISCIPLINE BASED ON THE HIGH STANDARDS OF THE ROYAL NAVY, TO WHICH YOUNG PEOPLE CAN RESPOND AND WHICH WILL, IN TURN, ASSIST THEIR DEVELOPMENT OF SELF-CONFIDENCE, SELF-DISCIPLINE, LEADERSHIP AND A SENSE OF RESPONSIBILITY TO THE COMMUNITY.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves amounted to £24,000.00 at year-end, which the trustees consider equal to 24 months' revenue payments to safeguard ongoing activities. The unit held £5,500.00 in designated funds for fixed assets and future projects. Total revenue receipts were £26,073.86 against total payments of £19,261.33, resulting in a net increase in cash balances.
What the accounts disclose
Trustees
- David Thomas Fletcherchair
- CPO SCC Michelle Die'tt
- Claire Mary Ann Grace Bridges
- Kim Patricia Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £26k | £19k |
| 31/03/2024 | £13k | £19k |
| 31/03/2023 | £11k | £16k |
| 31/03/2022 | £119k | £50k |
| 31/03/2021 | £34k | £16k |
Common questions
Is HASTINGS UNIT 173 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves amounted to £24,000.00 at year-end, which the trustees consider equal to 24 months' revenue payments to safeguard ongoing activities. The unit held £5,500.00 in designated funds for fixed assets and future projects. Total revenue receipts were £26,073.86 against total payments of £19,261.33, resulting in a net increase in cash balances. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/09/2010 | £10k | Puddle pirates want to be well victualled in their mess. |
| The National Lottery Community Fund | 22/11/2005 | £3k | Security fencing |