BURTON ON TRENT UNIT 61 OF THE SEA CADET CORPS
A Sea Cadet Unit
Financial health, per its FY2025 accounts
The accounts state that the unit has a positive net change in cash of £9,096 and a closing bank balance of £42,805, supported by increased revenue receipts. However, the treasurer's report notes that operational resilience depends on maintaining working capital due to significant fixed assets and outstanding creditor balances of £25,000. The trustees acknowledge there is currently no reserves policy in place to protect against income fluctuations.
What the accounts disclose
“Year-end reserves amounted to 0 months’ on that basis.”
Trustees
- Aisha Mack
- Carolyn Cheneler
- Clodagh MCGALEY-MCHUGH
- James Mack
- Joanne Barrington
- Kevin MIlls
- Nicholas Crane
- Sarah Faunch
- katie Bentley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £20k |
| 31/03/2024 | £18k | £22k |
| 31/03/2023 | £22k | £31k |
| 31/03/2022 | £53k | £40k |
| 31/03/2021 | £46k | £71k |
Common questions
Is BURTON ON TRENT UNIT 61 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the unit has a positive net change in cash of £9,096 and a closing bank balance of £42,805, supported by increased revenue receipts. However, the treasurer's report notes that operational resilience depends on maintaining working capital due to significant fixed assets and outstanding creditor balances of £25,000. The trustees acknowledge there is currently no reserves policy in place to protect against income fluctuations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 02/04/2025 | £5k | Millionaire Street 2025 04w1 |