Charity Accounts Intelreading the accounts so you don’t have to

MARYPORT & SOLWAY UNIT 541 OF THE SEA CADET CORPS

Registered charity 507614 · accounts filings on the Charity Commission register · also known as MARYPORT & SOLWAY SEA CADET CORPS, MARYPORT SOLWAY SEA CADET CORPS, MARYPORT' SOLWAY UNIT 541 OF THE SEA CADET CORPS, SOLWAY UNIT SEA CADET BOYS, T.S. CAESAR

Member of the Sea Cadet Corps

Causes: Education/training · Amateur Sport · website · Get email alerts

Latest income
£46k
Latest spending
£88k
Registered
1978
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the unit recorded a deficit of £42,222.67 for the financial year ended 31 March 2025, with total receipts of £45,673.91 against payments of £87,896.58. Per the trustees' report, unrestricted reserves at year-end amounted to £34,975.55, which the document notes equates to a specific number of months' revenue payments, though the exact figure is left blank in the template.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: months revenue payments (held: £35k)
“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 35
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/03/2025£46k£88k
31/03/2024£108k£66k
31/03/2023£107k£127k
31/03/2022£39k£22k
31/03/2021£52k£23k

Common questions

Is MARYPORT & SOLWAY UNIT 541 OF THE SEA CADET CORPS financially healthy?

Per its FY2025 accounts: The accounts state that the unit recorded a deficit of £42,222.67 for the financial year ended 31 March 2025, with total receipts of £45,673.91 against payments of £87,896.58. Per the trustees' report, unrestricted reserves at year-end amounted to £34,975.55, which the document notes equates to a specific number of months' revenue payments, though the exact figure is left blank in the template. Its FY2025 accounts were independently examined.