Finance Score: -2

Governance Score: -3

Support Score: 0

Multiple Deficits: -2
No PartB

Static board: -3

No supporters identified

Overall GiG Score: -5

CROYDON SEA CADETS PROPERTY TRUST

To safeguard the assets of the Croydon Unit of the Sea Cadets and to provide an annual grant to the unit.

Analysis by Giving is Great

Positives:

Spending has increased over the last 3 years relative to the previous period, despite a decline more recently

Regulatory & Governance issues to consider:

This charity only provides its support via other charities
The Board composition appears to be rather static

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£49	£55	£-6	n/a	n/a	n/a	n/a	n/a	3
31/03/22	£44	£43	£0	n/a	n/a	n/a	n/a	n/a	10
31/03/21	£46	£23	£23	n/a	n/a	n/a	n/a	n/a	10
31/03/20	£60	£231	£-171	n/a	n/a	n/a	n/a	n/a	0
31/03/19	£53	£39	£14	n/a	n/a	n/a	n/a	n/a	0
31/03/18	£333	£44	£289	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 7 years

info@ms-sc.org

02076547000

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Social youth organisations

How it operates

Makes Grants to Organisations

Where it operates

Croydon,

Who it helps

Other Charities Or Voluntary Bodies

Who works here?

Unknown number of employees
3 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

MARINE SOCIETY & SEA CADETS Appointed: 2012

GEOFFREY BERESFORD-HARTWELL Appointed: 2016

NOEL WHEATLEY Appointed: 2017

SEA CADET ASSOCIATION Appointed: 2016, Other trusteeships: THE FOLKESTONE AND HYTHE UNIT OF THE SEA CADET CORPS, CARLISLE UNIT 394 OF THE SEA CADET CORPS,

MERVIN SHARP Appointed: 2017, Other trusteeship: CROYDON UNIT 96 OF THE SEA CADET CORPS,

Legal constitution

Charity registered in England & Wales on 25/04/2017, number: 1172729

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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
Investment
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

6 returns made; all on time

Main office

MARINE SOCIETY & SEA CADETS
200B LAMBETH ROAD
LONDON
SE1 7JY

Objectives

THE TRUSTEES SHALL STAND POSSESSED OF THE NET MONEY TO ARISE FROM ANY SALE UNDER THE TRUST FOR SALE CONTAINED IN THE RECITED TRANSFER OF EVEN DATE HEREWITH AND ALSO OF THE SAID HEREDITAMENTS UNTIL SALE UPON TRUST FOR THE USE AND BENEFIT OF THE CROYDON UNIT OF THE SEA CADET CORPS AFFILIATED TO THE NAVY LEAGUE AND SHALL APPLY THE SAID MONEY AND THE INCOME THEREOF FOR SUCH PURPOSE AND PERMIT THE SAID HEREDITAMENTS TO BE USED AS AFORESAID. SHOULD THE CROYDON UNIT OF THE SEA CADET CORPS CEASE TO EXIST AT ANY TIME OR CEASE FOR ANY REASON TO BE AFFILIATED TO THE NAVY LEAGUE THEN THE TRUSTEES SHALL HOLD THE SAID MONEYS OR THE SAID HEREDITAMENTS UNTIL SALE ON TRUST TO USE AND APPLY THE SAME FOR THE GENERAL PURPOSES OF THE SEA CADET CORPS AFFILIATED TO THE NAVY LEAGUE MOVEMENT IN SUCH OTHER DISTRICT OR FOR SUCH OTHER PURPOSES OF A LIKE NATURE AS THE GOVERNING BODY OF THE NAVY LEAGUE INCORPORATED SHALL DETERMINE.

Data Sources