THE MARINE SOCIETY AND SEA CADETS
Promoting Sea Cadet activity. Supporting the maritime industry. Franchisor and primary support for Sea Cadet units ? local groups constituted as separately registered charities.Supporting the maritime industry through the Marine Society, allowing seafarers access to lifelong learning opportunities, a ships? library service, and the provision of financial support for professional advancement.
Objects
1) 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; 2) TO ADVANCE THE EDUCATION OF SEAFARERS IN SUCH WAYS AS THE COUNCIL SHALL DETERMINE; 3) THE ADVANCE OF THE EDUCATION OF THE PUBLIC IN MARITIME MATTERS; 4) THE PROMOTION OF SCIENTIFIC OR OTHER RESEARCH OF PARTICULAR BENEFIT TO SEAFARERS AND THE PUBLICATION OF THE USEFUL RESULTS OF SUCH RESEARCH; 5) THE PROVISION IN THE INTERESTS OF THE SOCIAL WELFARE OF SEAFARERS OF FACILITIES FOR RECREATION AND OTHER LEISURE-TIME OCCUPATION, BEING FACILITIES WHICH WILL IMPROVE THEIR CONDITIONS OF LIFE AND OF WHICH THEY HAVE NEED BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES; 6) THE RELIEF OF FINANCIAL HARDSHIP AMONG SEAFARERS AND THEIR DEPENDANTS.
Financial health, per its FY2025 accounts
The accounts state that total income increased by 25% to £23.562 million, driven largely by a £5.863 million receipt from the sale of the 202 Lambeth Road property. However, the charity reports negative net current assets of £1.076 million, which management attributes to a timing issue addressable by cash investments. Free unrestricted reserves stand at £727,000, which is below the trustees' stated policy target of £2.4 million.
What the accounts disclose
“In the financial year ended 31 March 2025, MSSC raised £8,118K (23/24 £4,246K) through a variety of fundraising activities. Fundraising costs totalled £488K (23/24 £328K)” — page 25
“On the basis of this approach the trustees have agreed our free reserves target is £2.4 million.”
“The Director of Young People, Volunteer & Business Support is an ex officio trustee/director of the Royal Albert Dock Trust during the year, the charity paid rent to the Royal Albert Dock Trust’s London Regatta Centre totalling £20,501” — page 63
“Four of the Trustees and the CEO of the charity are Younger Brothers of Trinity House Maritime Charity During the year the charity received a grant of £140K” — page 63
“The Director of Young People, Volunteer & Business Support is an ex officio trustee/director of the Royal Albert Dock Trust during the year, the charity paid rent to the Royal Albert Dock Trust’s London Regatta Centre totalling £20,501” — page 63
“Four of the Trustees and the CEO of the charity are Younger Brothers of Trinity House Maritime Charity During the year the charity received a grant of £140K” — page 63
“The Director of Young People, Volunteer & Business Support is an ex officio trustee/director of the Royal Albert Dock Trust during the year, the charity paid rent to the Royal Albert Dock Trust’s London Regatta Centre totalling £20,501” — page 63
“Four of the Trustees and the CEO of the charity are Younger Brothers of Trinity House Maritime Charity During the year the charity received a grant of £140K” — page 63
“The Director of Young People, Volunteer & Business Support is an ex officio trustee/director of the Royal Albert Dock Trust during the year, the charity paid rent to the Royal Albert Dock Trust’s London Regatta Centre totalling £20,501” — page 63
“Four of the Trustees and the CEO of the charity are Younger Brothers of Trinity House Maritime Charity During the year the charity received a grant of £140K” — page 63
“The Director of Young People, Volunteer & Business Support is an ex officio trustee/director of the Royal Albert Dock Trust during the year, the charity paid rent to the Royal Albert Dock Trust’s London Regatta Centre totalling £20,501” — page 63
“Four of the Trustees and the CEO of the charity are Younger Brothers of Trinity House Maritime Charity During the year the charity received a grant of £140K” — page 63
“The most up to date actuarial report is at 31 March 2024 valued assets in the scheme at £1,956M and the liabilities at £1,967M giving a rise to a scheme wide deficit of (£11M).” — page 63
“MSSC (Trading) Limited is registered in England with company number 09476222. The charity has a £5K (2024: £5K) investment in MSSC (Trading) Limited” — page 51
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
- Investment
- Paying staff
- Risk management
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 8,689
- Government income: £12,719,000 — grants £12,719,000 (2); 54% of the £23,562,000 total gross income on the same return
- Employees paid over £60,000: 13 (£60,001–£70,000: 6; £70,001–£80,000: 1; £80,001–£90,000: 3; £90,001–£100,000: 1; £110,001–£120,000: 1; £140,001–£150,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 8,903
- Government income: £12,408,000 — grants £12,408,000 (2); 66% of the £18,842,000 total gross income on the same return
- Employees paid over £60,000: 12 (£60,001–£70,000: 5; £70,001–£80,000: 2; £80,001–£90,000: 3; £90,001–£100,000: 1; £110,001–£120,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 8,517
- Government income: £12,450,000 — grants £12,450,000 (2); 75% of the £16,503,000 total gross income on the same return
- Employees paid over £60,000: 10 (£60,001–£70,000: 3; £70,001–£80,000: 4; £80,001–£90,000: 1; £90,001–£100,000: 1; £110,001–£120,000: 1)
- Has a trading subsidiary
Corporate structure
- Trading subsidiary: MSSC (TRADING) LIMITED Companies House 09476222 · Financial health read from its filings
- Profit before tax: £21k
- Donated/gift-aided to the charity: £3k
- Amounts due to parent undertaking: £12,658
“During the year, donations of £3,400 (2025:£27,366) were paid to the parent charity.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (16/10/2020)
Trustees
- JEREMY JOHN HARLEY PENNchair
- Andy Helliwell
- David Dingle
- Deana Rouse MBE
- Dr Kate Richardson OBE
- Gareth Hampton
- Honor Wilson-Fletcher MBE
- John Denholm
- Jonathan Robertshaw
- Kirsten Hopkins
- Laurelle Brant
- Leonie Austin
- Michael Schofield
- Stephen Edward Peck
- Steve Smith OBE
- Stuart Edward Curl
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £23.6m | £19.3m |
| 31/03/2024 | £18.8m | £18.6m |
| 31/03/2023 | £16.5m | £18.8m |
| 31/03/2022 | £19.4m | £15.8m |
| 31/03/2021 | £14.3m | £13.8m |
Common questions
Is THE MARINE SOCIETY AND SEA CADETS financially healthy?
Per its FY2025 accounts: The accounts state that total income increased by 25% to £23.562 million, driven largely by a £5.863 million receipt from the sale of the 202 Lambeth Road property. However, the charity reports negative net current assets of £1.076 million, which management attributes to a timing issue addressable by cash investments. Free unrestricted reserves stand at £727,000, which is below the trustees' stated policy target of £2.4 million. Its FY2025 accounts were audited by MHA.
Who funds THE MARINE SOCIETY AND SEA CADETS?
Funders whose own accounts filings name THE MARINE SOCIETY AND SEA CADETS as a grant recipient include COMBINED CADET FORCE ASSOCIATION, THE I T F SEAFARERS TRUST, THE GOSLING FOUNDATION LIMITED, THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS, THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 20/04/2023 | £390k | MSSC Federdated Grant FY23/24 |
| UK government | 27/10/2022 | £98k | Marine Society and Sea Cadets - Uniformed Youth New Groups Fund |
| UK government | 01/04/2022 | £577k | Uniformed Youth Fund 2022-25 - Marine Society and Sea Cadets |
| UK government | 01/04/2022 | £554k | Uniformed Youth Fund 2022-25 - Marine Society and Sea Cadets |
| UK government | 02/03/2022 | £20k | Engineering Pathway (MSSC) |
| UK government | 02/03/2022 | £250k | Petrol Pier Pontoon (MSSC) |
| UK government | 02/03/2022 | £2.4m | Parade Weapons and Secure Hub Locations (MSSC) |
| UK government | 03/02/2022 | £20k | Engineering Pathway (MSSC) FY22-23 |
| UK government | 12/10/2020 | £75k | ALB-SportEngland-Watersports Centre |
| UK government | 01/04/2019 | £173k | Financial Assistance/Support |
| UK government | 01/04/2018 | £750k | Financial Assistance/Support |
| UK government | 01/04/2018 | £387k | Support to the Sea Cadets |
| UK government | 01/04/2018 | £304k | Financial Assistance/Support |
| Sport England | 19/11/2015 | £35k | Making Waves - Welsh Harp |
| Sport England | 23/09/2015 | £40k | Making Waves - Welsh Harp |
| The National Lottery Heritage Fund | 01/07/2015 | £7k | "Sharing the heritage of TS Exeter Sea Cadets over the last 75 years" |
| Sport England | 05/06/2013 | £10k | Making waves |
| Sport England | 04/11/2011 | £50k | Making Waves |
| The National Lottery Community Fund | 04/12/2009 | £5k | Provision of two new pulling boats |
| The National Lottery Community Fund | 22/08/2007 | £10k | T.S. Palatine Sea Cadet Boating Station |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GEORGE CADBURY TRUST (GEORGE HENRY T AND LAURENCE J CADBURY SECTIONS) | 1 | £7k |
| THE DYERS' COMPANY CHARITABLE TRUST | 1 | £2k |
| THE SIR EDWARD LEWIS FOUNDATION | 1 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WROTHAM | 1 | £150 |
Charities like this
- MERCHANT NAVY ASSOCIATION
- THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)
- PORTSMOUTH ROYAL MARITIME CLUB
- THE MARITIME EDUCATIONAL FOUNDATION
- THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY
- SOCIETY FOR NAUTICAL RESEARCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MARINE SOCIETY AND SEA CADETS | £23.6m | — | — | unclear | 6.0% | no doubt |
| MERCHANT NAVY ASSOCIATION | £74k | — | 0 | unclear | — | no doubt |
| THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED) | £1.4m | — | 0 | unclear | — | no doubt |
| PORTSMOUTH ROYAL MARITIME CLUB | £2.9m | — | — | unclear | — | no doubt |
| THE MARITIME EDUCATIONAL FOUNDATION | £6.9m | — | 0 | unclear | — | no doubt |
| THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY | £1.6m | £100,000 - £110,000 | 1 | above | — | no doubt |