FILEY UNIT OF THE SEA CADET CORPS
To help young people towards responsible adulthood by encouraging valuable personal attributes and high standards of conduct, using a nautical theme based on the customs of the Royal Navy.
Financial health, per its FY2025 accounts
The accounts state that the charity is in a strong financial position with a closing balance of £58,809 and a surplus for the year of £4,784.35. The Treasurer's report attributes this strength primarily to a legacy received in the previous financial year. Reserves are significantly above the agreed savings buffer of £10,000.
What the accounts disclose
“significantly above the £10,000 savings buffer agreed to ensure our ongoing financial security.” — page 10
Trustees
- STEVEN HOPKINSONchair
- Andrew Garside
- David Frampton
- Diana Shaw
- Laura Brant
- Liam Frampton
- Louise Douglas
- Nicholas Ingham
- Rev Gordon Barley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £27k |
| 31/03/2024 | £81k | £51k |
| 31/03/2023 | £40k | £45k |
| 31/03/2022 | £19k | £15k |
| 31/03/2021 | £26k | £9k |
Common questions
Is FILEY UNIT OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity is in a strong financial position with a closing balance of £58,809 and a surplus for the year of £4,784.35. The Treasurer's report attributes this strength primarily to a legacy received in the previous financial year. Reserves are significantly above the agreed savings buffer of £10,000. Its FY2025 accounts were audited.