CHESTERFIELD UNIT 80 OF THE SEA CADET CORPS
Training Ship Danae is are a uniformed youth organisation and a unit in the Sea Cadet Corps. We meet on two evenings a week, Tuesdays and Thursdays from 6.45 to 9.15 pm. Both girls and boys join the unit and we cater for ages 10 - 18 years. There is opportunity for young people to learn new skills and be part of a safe, disciplined learning environment based on Royal Navy traditions.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small surplus of £985.66 for the year ending 31 March 2025, with total income of £97,052.93 and expenditure of £98,038.59. The closing bank balance was extremely low at £31.87, indicating minimal unrestricted reserves. The trustees note that income increased significantly due to specific grants for building refurbishment and that they are seeking further grant funding for future needs.
What the accounts disclose
“This gave a closing bank balance of £31.87” — page 3
Trustees
- Elizabeth Thompsonchair
- David Wild
- John Michael Harden Secretary
- Rev Jill Catherine Hancock
- William Ian BOSTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £97k | £98k |
| 31/03/2024 | £13k | £16k |
| 31/03/2023 | £9k | £21k |
| 31/03/2022 | £29k | £24k |
| 31/03/2021 | £19k | £15k |
Common questions
Is CHESTERFIELD UNIT 80 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small surplus of £985.66 for the year ending 31 March 2025, with total income of £97,052.93 and expenditure of £98,038.59. The closing bank balance was extremely low at £31.87, indicating minimal unrestricted reserves. The trustees note that income increased significantly due to specific grants for building refurbishment and that they are seeking further grant funding for future needs.