BARROW-IN-FURNESS UNIT NO 23 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 unrestricted reserves of £66,397 exceeded the trustees' policy target of £10,000, indicating a strong liquidity position. The charity reported a net incoming resource of £1,259 for the year, with total funds carried forward reaching £470,683. The independent examiner confirmed that no material matters came to attention during the examination of the unaudited statements.
What the accounts disclose
“It is the trustees policy of the unrestricted reserves of £10,000 should be represented by cash at bank with all outstanding accounts paid.” — page 4
Trustees
- Melanie Galechair
- Christopher Alan Slater
- Gary Gibson
- Gemma Marie Gerrish
- Jordan Aspin
- Lieutenant SCC DAVID CONSTABLE RNR Rtd
- Louise Anne Gerrish
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £30k | £28k |
| 31/03/2024 | £12k | £31k |
| 31/03/2023 | £24k | £36k |
| 31/03/2022 | £35k | £27k |
| 31/03/2021 | £39k | £14k |
Common questions
Is BARROW-IN-FURNESS UNIT NO 23 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £66,397 exceeded the trustees' policy target of £10,000, indicating a strong liquidity position. The charity reported a net incoming resource of £1,259 for the year, with total funds carried forward reaching £470,683. The independent examiner confirmed that no material matters came to attention during the examination of the unaudited statements. Its FY2025 accounts were independently examined.