TENBY UNIT 453 OF THE SEA CADET CORPS
To give young people the best possible start in life through nautical adventure & fun, based on the traditions of the Royal Navy
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a net deficit of £14,723 for the year, with total receipts of £49,034 against payments of £58,732. The trustees report that the charity holds sufficient reserves to ensure the Unit can run for at least 6 months without additional income, holding £4,237 in unrestricted funds at year-end. However, the trustees identify an ongoing significant risk to the charity's operation regarding its current building lease discussions with Pembrokeshire County Council.
What the accounts disclose
“The Charity holds sufficient reserves and has enough funds set aside to ensure that the Unit can run for at least 6 months without any additional monies coming forward.” — page 4
Funders the charity credits
Trustees
- Catherine Hughes
- David Edward Morgan
- David Efryd Lewis Richards
- PETER FREDRICK STANLEY KRAUS
- Rev Steven Anthony Brett
- Sarah Kate McCrindle-Alderman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £49k | £59k |
| 31/03/2024 | £50k | £48k |
| 31/03/2023 | £47k | £52k |
| 31/03/2022 | £33k | £39k |
| 31/03/2021 | £58k | £41k |
Common questions
Is TENBY UNIT 453 OF THE SEA CADET CORPS financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a net deficit of £14,723 for the year, with total receipts of £49,034 against payments of £58,732. The trustees report that the charity holds sufficient reserves to ensure the Unit can run for at least 6 months without additional income, holding £4,237 in unrestricted funds at year-end. However, the trustees identify an ongoing significant risk to the charity's operation regarding its current building lease discussions with Pembrokeshire County Council. Its FY2025 accounts were independently examined.
Who funds TENBY UNIT 453 OF THE SEA CADET CORPS?
Funders whose own accounts filings name TENBY UNIT 453 OF THE SEA CADET CORPS as a grant recipient include SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2024 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/10/2020 | £4k | Covid-19 - Adapt and Overcome |
| UK government | 02/10/2020 | £10k | VSCE CMC Fund |
| The National Lottery Community Fund | 17/11/2008 | £5k | New showers & refurbish male & female toilets |