SWANSEA UNIT 331 OF THE SEA CADET CORPS

Registered charity 524248 · accounts filings on the Charity Commission register · also known as SWANSEA SEA CADETS, T.S AJAX, UNIT 331, SEA CADET CORPS

In accordance with Sea Cadet regulation, our aim is to help young people towards responsible adulthood by encouraging valuable personal attributes and high standards of conduct using a nautical theme based on the customs of the Royal Navy, also providing adventure training under the Duke of Edinburgh award scheme.

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).

Area of benefit: SWANSEA AND DISTRICT

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Amateur Sport · Get email alerts

Registered contact address: Swansea, Wales (from the postcode on the register)

Latest income
£92k
Latest spending
£95k
Registered
1964
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity achieved a sound financial position with total incoming resources of £91,612.46 and resources expended of £94,760.35, resulting in a net deficit for the year. While the charity holds £31,957.77 in current assets, its total liabilities stand at £49,522.00, primarily due to costs associated with galley and heads refurbishment. The trustees' reserves policy targets £15,000, but actual unrestricted reserves were reported at £2,000 at the end of the financial year.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants - Galley & Heads Refurb (38% of income)
“Grants - Galley & Heads Refurb 35,000.00”
Per its FY2026 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £2k; policy: £15 k which is equivalent to circa 18 months of the charity’s overhead costs)
“However, at the end of March 2026, due to the extraordinary costs of the galley and heads refurbishment, the total of the charity’s cash reserves reduced to £2.0 k after our liabilities and arranged grant are taken into consideration.” — page 6
Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2026

  • Volunteers: 25
  • Government income: £7,295 — grants £7,295 (3); 8% of the £91,612 total gross income on the same return

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 20

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 30
  • Government income: £2,230 — grants £2,230 (1); 4% of the £51,312 total gross income on the same return

Source: this charity’s annual returns on the Charity Commission register.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: City Of Swansea

Income and spending

Financial year endIncomeSpending
31/03/2026£92k£95k
31/03/2025£31k£22k
31/03/2024£51k£54k
31/03/2023£24k£19k
31/03/2022£8k£14k

Common questions

Is SWANSEA UNIT 331 OF THE SEA CADET CORPS financially healthy?

Per its FY2026 accounts: The accounts state that the charity achieved a sound financial position with total incoming resources of £91,612.46 and resources expended of £94,760.35, resulting in a net deficit for the year. While the charity holds £31,957.77 in current assets, its total liabilities stand at £49,522.00, primarily due to costs associated with galley and heads refurbishment. The trustees' reserves policy targets £15,000, but actual unrestricted reserves were reported at £2,000 at the end of the financial year. Its FY2026 accounts were independently examined.

Who funds SWANSEA UNIT 331 OF THE SEA CADET CORPS?

Funders whose own accounts filings name SWANSEA UNIT 331 OF THE SEA CADET CORPS as a grant recipient include CHARTERED ACCOUNTANTS' LIVERY CHARITY.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
CHARTERED ACCOUNTANTS' LIVERY CHARITYFY2022£2kOther grants

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ASDA FOUNDATION1£31k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CAMBERLEY UNIT 477 OF THE SEA CADET CORPS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SWANSEA UNIT 331 OF THE SEA CADET CORPS£92k——below—no doubt
CAMBERLEY UNIT 477 OF THE SEA CADET CORPS FY2025£32k—0above104.4%no doubt
FILEY UNIT OF THE SEA CADET CORPS FY2026£86k——unclear—no doubt
TWICKENHAM UNIT 341 OF THE SEA CADET CORPS FY2025£39k—0above—no doubt
TWICKENHAM UNIT 341 OF THE SEA CADET CORPS CIO FY2026£55k——unclear—no doubt
BASILDON UNIT 551 OF THE SEA CADET CORPS FY2025£37k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.