HINCKLEY UNIT 401 OF THE SEA CADET CORPS
The sea cadets provide young people from 10-18 with life skills of teamwork, self respect & social responsibility through training following a naval background.
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 charity reported a deficit of £3,826.33 for the year ended 31 March 2025, resulting in a negative accumulated fund of £3,826.33. The trustees note that they are in a good position and are discussing outgoings to aim for no deficit in the following year. Free reserves held in a savings account are stated to be £6,000.
What the accounts disclose
“A reserve minimum is expected to be set aside, which is in a savings account £6,000”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- 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
- Nicola Ansteechair
- Annie Sykes
- Elizabeth Kemp
- Elizabeth Sampson
- Gowshalliya Rohanraj
- Hayley Jane Finlayson
- Jason Sampson
- Peter Doggett
- Thomas Griffiths
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £32k |
| 31/03/2024 | £15k | £23k |
| 31/03/2023 | £25k | £30k |
| 31/03/2022 | £14k | £13k |
| 31/03/2021 | £25k | £19k |
Common questions
Is HINCKLEY UNIT 401 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £3,826.33 for the year ended 31 March 2025, resulting in a negative accumulated fund of £3,826.33. The trustees note that they are in a good position and are discussing outgoings to aim for no deficit in the following year. Free reserves held in a savings account are stated to be £6,000. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/05/2018 | £10k | New minibus with disabled access |
| The National Lottery Community Fund | 10/01/2007 | £50k | Toilet and Galley Block Extension |
| The National Lottery Community Fund | 31/03/2006 | £2k | Heating System |