REDDITCH AND BROMSGROVE UNIT 595 OF THE SEA CADET CORPS
The Unit exist for the benefit of its cadets who are aged 10 to 18 years. Our activities are educational and recreational. The recreational activities are mainly water based sailing etc. The cadets are able to take part in courses at HM Naval Bases.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a deficit of £1,514 and total expenditure of over £42,000. Per the trustees' report, unrestricted reserves of £11,394 cover 7.6 months of operating costs, exceeding the stated policy target of up to 6 months. The charity maintains a healthy level of reserves despite significant investment in infrastructure and training resources.
What the accounts disclose
“reserves, in total that are not invested in tangible fixed assets held by the Unit, should be up to 6 months total overheads costs of the charity.” — page 21
Trustees
- Margaret Rose Blizzardchair
- Jane Sweetman
- Lisa Anne Wood
- Victoria Saundry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £41k | £42k |
| 31/03/2024 | £55k | £53k |
| 31/03/2023 | £25k | £42k |
| 31/03/2022 | £75k | £86k |
| 31/03/2021 | £50k | £8k |
Common questions
Is REDDITCH AND BROMSGROVE UNIT 595 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a deficit of £1,514 and total expenditure of over £42,000. Per the trustees' report, unrestricted reserves of £11,394 cover 7.6 months of operating costs, exceeding the stated policy target of up to 6 months. The charity maintains a healthy level of reserves despite significant investment in infrastructure and training resources. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | — | £10k | ALB-Upgrade toilets and provide new showers |