WORKSOP UNIT 422 OF THE SEA CADET CORPS
RYA Power & Sail, First Aid, Shooting, Canoing, Cook stewards, Comms, Writer/Stores, ET, plus many other activities.
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 financial deficit of £1,720 for the year ended 31 March 2025, primarily due to significant investments in unit maintenance and equipment alongside frozen cadet subscriptions. Despite this deficit, the charity holds £33,352 in unrestricted cash funds and maintains a reserves policy targeting 12 months of operating expenditure. The trustees confirm that resources are sufficient to meet expected large expenditures and continue operations.
What the accounts disclose
“Cash reserves equal to at least 12 months operating expenditure is retained within a designated reserve for use in the event of unit closure or national emergency to ensure that the charity can continue to maintain the property and equipment.” — page 10
Policies the charity declares
- Bullying and harassment 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
- Investing charity funds policy and procedures
- Paying staff
- 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
- ALEXANDER MATTHEW HAGUEchair
- Elaine Diane North
- Lindsey Mills
- Narelle Plowright
- Paul Michael Benton
- Rachel Mary Maltby
- Sam Bloomfield
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £44k | £46k |
| 31/03/2024 | £30k | £32k |
| 31/03/2023 | £20k | £22k |
| 31/03/2022 | £13k | £14k |
| 31/03/2021 | £25k | £15k |
Common questions
Is WORKSOP UNIT 422 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a financial deficit of £1,720 for the year ended 31 March 2025, primarily due to significant investments in unit maintenance and equipment alongside frozen cadet subscriptions. Despite this deficit, the charity holds £33,352 in unrestricted cash funds and maintains a reserves policy targeting 12 months of operating expenditure. The trustees confirm that resources are sufficient to meet expected large expenditures and continue operations. Its FY2025 accounts were independently examined.