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.
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”
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 |