ST HELENS UNIT 294 OF THE SEA CADET CORPS
The provision of training in seamanship, boatwork and marine engineering. The training in self discipline by emulation of the rules and traditions of the Royal Navy.
Objects
The charitable purpose of the Unit (the Purpose) is to promote the development of young people in achieving their physical, intellectual and social potential as individuals and as responsible citizens by the provision of education and leisure time activities using a nautical theme and in accordance with the principles, ethos and practices of the Marine Society & Sea Cadets (MSSC).
Financial health, per its FY2025 accounts
The accounts state that the unit closed the 2024/25 year with a positive balance and improved financial management compared to previous years. Per the trustees' report, unrestricted reserves amounted to £15,000, which exceeds the stated policy target of two months' revenue payments. The unit faces significant future maintenance costs, including a potential £250k+ for external works and ongoing issues with a party wall, but currently reports a stronger financial position.
What the accounts disclose
“OTHER REVENUE RECEIPTS Pranormal & Other income £26,434.00” — page 18
“FUNDRAISING & SPECIAL EVENTS COSTS £0.00” — page 19
“The charity trustees’ policy aims to maintain unrestricted reserves at a level equating to 2 months revenue payments” — page 21
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Ronald Mahoneychair
- Byron Whalley
- Edward Richard William Stanley
- Malgorzata Barrow
- Sarah Dillon
- Terence Burns
- Yvonne Chadwick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £45k | £27k |
| 31/03/2024 | £31k | £31k |
| 31/03/2023 | £32k | £40k |
| 31/03/2022 | £42k | £22k |
| 31/03/2021 | £9k | £15k |
Common questions
Is ST HELENS UNIT 294 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the unit closed the 2024/25 year with a positive balance and improved financial management compared to previous years. Per the trustees' report, unrestricted reserves amounted to £15,000, which exceeds the stated policy target of two months' revenue payments. The unit faces significant future maintenance costs, including a potential £250k+ for external works and ongoing issues with a party wall, but currently reports a stronger financial position. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/01/2022 | £6k | St helens Sea Cadets unit 294 |
| The National Lottery Community Fund | 17/06/2015 | £10k | Head Above the Water |
| The National Lottery Community Fund | 23/11/2006 | £4k | installation of replacement heating |