CHIPPENHAM UNIT428 OF THE SEA CADET CORPS
Outdoor pursuits, canoeing, sailing, camping. Qualifications in catering, sailing, safety boat, canoeing, radio communications, electronics. Musical instrument (band) training. Drill training. All forms of sports , swimming
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves amounted to greater than 10 months of revenue payments, exceeding the trustees' policy target of maintaining reserves equating to revenue payments. The unit reported total revenue receipts of £90,849.30 against total payments of £31,610.97, resulting in a positive net change in cash balance. The filing notes that the statutory independent examination report must be attached, though the report itself is not included in the provided text.
What the accounts disclose
“The charity trustees’ policy aims to maintain unrestricted reserves at a level equating to revenue payments” — page 9
Trustees
- Kelly Porterchair
- Liza Lawes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £91k | £86k |
| 31/03/2024 | £31k | £17k |
| 31/03/2023 | £17k | £20k |
| 31/03/2022 | £20k | £13k |
| 31/03/2021 | £12k | £9k |
Common questions
Is CHIPPENHAM UNIT428 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves amounted to greater than 10 months of revenue payments, exceeding the trustees' policy target of maintaining reserves equating to revenue payments. The unit reported total revenue receipts of £90,849.30 against total payments of £31,610.97, resulting in a positive net change in cash balance. The filing notes that the statutory independent examination report must be attached, though the report itself is not included in the provided text. Its FY2025 accounts were independently examined.