##
##
##
|Trustees|||||||
|---|---|---|---|---|---|---|
|Dr FJ A Bettley|||||||
|Cllr P A Charmer|[Appointed|by Essex County||Councilj|||
|Rev J F Dickens|||||||
|Miss S E Dignasse|||||||
|Mr RA Doe|[Appointed|by the Parochial||Church|Council of All Saints Parishj||
|Mr B Downie|||||||
|Dr A Knightbridge|||||||
|Cllr S P Nunn|[Appointed|by Maldon|District Council, from January|||4th 2021j|
|Mr R Pipe|[Appointed|by Maldon|Town|Councilj|||
|Mr G R Potter|||||||
|Mrs S M Swaffin-Smith|||||||
|Mr C A Wakefield|[Ex-Officio|as Principal of Plume Academyj|||||
##
##
##
##
##
##
##
##
##
##
||||UNRESTRICTED|RESTRICTED|PERMANENT|PERMANENT|TOTAL||
|---|---|---|---|---|---|---|---|---|
||||FUNDS|FUNDS|ENDOWMENT|FUND|FUNDS||
|||Note|2021|2021|||2021|2020|
|Incoming Resources|||||||||
|Donations
and Legacies|||10,546|52,409|||62,955|6,700|
|Charitable
Activities||||||||45|
|Investments|||34,048||||34,048|37,725|
|Total|||44,594|52,409|||97,003|44,470|
|Resources|expended||||||||
|Expenditure|on:-||||||||
|Charitable
Activities|||30,222|54,598|||84,820|39,728|
|Total|||30,222|54,598|||84,820|39,728|
|Revaluation|of Investments||107,397||||107,397|(77,022)|
|Net Surplus|(Deficit)||121,769|(2,189)|||119,580|(72,280)|
|Revaluation|of Fixed Assets|5||||||111,742|
|Transfer||14|(1,513)|1,513|||||
|Net movement
in Funds|||120,256|(676)|||119,580|39,462|
|Reconciliation
ofFunds|||||||||
|Opening
Funds|||606,918|1,523|3,113,742||3,722,183|3,682,721|
|Total Funds|carried forward||727,174|847|3,113,742||3,841,763|3,722,183|
##
##
||||2021|||2020|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Permanent|Total|Total|
||Note|Funds|Funds|Endowment
Fund|||
|Fixed Assets|||||||
|Tangible
Assets||||2.000|2,QQO|2,QDQ|
|Heritage Assets||||3 111.742|3.111742|3111,742|
|investments|||||664,684|557 287|
|Total Fixed Assets||||3,113,742|3,7?8,426|3,671.Q29|
|Current Assets|||||||
|0ebtors|7|5.201|||6,076|5,455|
|Cash al Bank and in Hand|9|63,294|||72,251|47,299|
|||68,495|||78.327|52,754|
|Less Creditors|||||||
|Amounts
falling due within|||||||
|ane year||6.005|8.985||14,990|1,600|
|Net Current Assets||62.490|84?||63,337|51,154|
|Total Assets|||||||
|less Current
Liabililies|||847|3,113,742|3,841,763|3,722,183|
|Funds ofthe Charity|||||||
|Unrestncted||160,053|||160053|147,194|
|Revaluation
Reseive||567,121|||567,121|459,724|
|Restricted||||||l,523|
|Permanent
Endowment||||3,113,742|3,113,742|3,113,742|
|Total Funds||||3,113,742|3,841,763|3,722,183|
|||The notes on Pages 7 —12are part ofthese accounts|||||
##
##
##
|Statement ofcompliance|||
|---|---|---|
|These accounts have been prepared
in accordance
with Accounting
and Reporting
by Charities: Statement
ofRecommended
Practice|||
|applicable
to chanties
preparing
their accounts
in accordance
with the Financial
Reporting
Standard
applicable
in the UK and Republic of
Ireland (FRS 102)(effective
1 January 2016}- (Charities SORP (FRSt02)), the Finaneiai
Reporting
Standard
applicable
in the UK and
Republic of Ireland (FRS102}and the Charities Act 2011.|||
|Basis ofpreparation|||
|The charity meets the defimtion
ofa public benefit entity under FRs 102 Assets and liabuibes are initially recognised
at historical cost
transaction
value unless othe«vise staled
in the relevant accounting
policy notes||or|
|Going Concern|||
|The accounts have been prepared
on a going concern
basis. The Trustees assess whether
the use ofgoing concern is appropriate
i e
ivhether
there are any material
uncertainties
related to events or conditions
that may cast significant
doubt on the abitibr of the chanty to
continue as a going concern
The trustees
make this assessment
in respect ofa penod ofone year from the date of approval
of the
financial statements|||
|Judgements|||
|Apart from those judgements
mvolvmg
estimations,
the management
team have not made any ludgements
in the process ol applying
entity's accounting
pokcies
that have significant effect on the amounts
recognised
m the accounts||the|
|Key sources of estimation
uncertainty|||
|There are no key assumptions
eoncernmg
the future or other key sources of estimation
uncertainty
at the reporting
date that have a
signifcanl
risk of causing a material
adlustment
to the carrying amounts
ofassets and liabilities
vrithin the next reporting
period|||
|income|||
|Income is included
in the Statement
of Financial
Activilies (SoFA}when the cha«ty is legally entitled
to the income, the amount can
measured
reliably and
it is probable
that the income
will be receiverl,|be||
|There has been no offsetting
ofassets and habilities or income and expenses|||
|Grants,
Donations
and Legacies are only included
if meeting
the cnteria for recognition
of income|||
|Government
Grants have been received
in respect of the coronavirus
pandemic.
These have been recognised
when receivable
within
financial
statements||the|
|Tax reclaims on donations
Gift aid receivable is mcluded
if there is a declaration
from the donor. Any gift aid recovered
on a donation
considered
as part of ihe donation
and credited
to the same fund as that donation||is|
|tncome
from interest and dividends
are included
on receipt|||
|investment
gains and losses include
any realised gains or losses on the sale of investments
and any gain or loss on revaluation|||
|Expenditure
and Liabilities|||
|All expenditure
is accounted
for on an accruals basis and has been classified under headings
that aggregate
all costs related
lo that
category. Expenditure
is recognised
where there is a legal or constructive
obligation
to make payments
to third parties,
it ls probable
the settlement
will be required
and the amount of the obligations
can the measured
rehably.|that||
|Chantable
expenditure
comprises those costs incurred
by the charity
in the delivery
of its actwities and services for its beneficiaries.|It||
|includes
boih costs that can be allocated directly to such actwities and those costs ofan indirect nature
lo support them,|||
|Governance costs melude
the costs attnbutable
to the charity's compliance
with constitutional
and statutory
requiremenls|||
##
##
|2|Analysis|oftncome|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total||
||||Funds|Funds|Funds|2020|
||Donations|and Legacies|||||
|||Doriations
and gets|||6,222|5,037|
|||Governmerit
gmnts ICO)rID)|10,000||I0.000||
|||Grants
from other Charities|||46,733|1.663|
|||Total||52.409|||
||Charifatifo|Acbvilies|||||
|||Sales of Books|||||
||Income from
Investments||||||
|||Interest. xicorne||||259|
|||Dividend
Income|22 500|||25964|
|||Lease Income|11.502||11,502|11,502|
||||||34.048|37,725|
||TOTAL INCOME||44,594|52,409|97,003|44,470|
##
##
|B|Analysis of Expenditure|Analysis of Expenditure||||Unrestricted|Restricted|Total||
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds||2020|
||Expenditure
on Charitable|||Activities||||||
||Stan|||||||||
||Staff salanes and wages|||||17484||'18,821||
||Subscriptions
and Conferences||||||||205|
||Recruitment
Coals||||||||1,344|
|||||||||18.621|20,475|
||Library Contents|||||||||
||Insurance|||||4,325||4 375|4,035|
||Conservation|||||842||842|133|
||Books Purchased|||||||21,663|1.663|
||lT Website and Cataloguing|||Costs||||3,080|5,651|
|||||||8.247|21,663|29,910|11,482|
||Premises|||||||||
||Maintenance
of Building,||Equipntent||and Fiftings|479|30,141|30,620|t,625|
||Rent and Water Charges|||||159|||149|
||Cleaning Wages|||||||156|202|
||Cleariing Costs|||||||||
||Electncity|||||1.796||1,796|1,915|
||||||||30,141|32,731|3,945|
||General|||||||||
||Telephone|||||700||7QQ|422|
||Pfln'llfig
anti Stationery|||||249||||
||Post and Sundry
Expenses|||||161||161|108|
||Publicatioiis||||||1,457|1,457|720|
||The Annual
Plume Leclure|||||||||
||Professional
Fees|||||||||
|||||||1,11Q|1,457||2,188|
||Total Expenditure|on Charitable|||Activities|29,431|54,598|84,029|38,090|
||Governance
Costs|||||||||
||Legal Fees||||||||870|
||Independent
Examiners||Fees|||||||
||||||||||1,638|
||Total Resources Expended|||||3Q,222|54,598|84,820|39,728|
|3.1|Paid Employees|||||||202'I|2Q20|
||Staff Costs-|||||||||
||Salaries and Wages||||||||19,128|
||Social Secui'I'y Costs|||||||||
||Tolal Staff Costs|||||||18,977|19,128|
||Average Head Count tall chantable||||acuvmes)|||||
||Charitable
Activl'lies|||||||||
||Governance|||||||05|05|
##
##
|4 Tangible Fixed Assets|||Fixtures|||
|---|---|---|---|---|---|
|4.1 Cost or vatuation:-|Freehold||Flttlrlgs||Total|
||Land||and Equipment|||
|Opening|2.000||||9,196|
|Revaluation||||||
|At end of year|2,QOO|||||
||||Fixtures|||
|4 2 Depreciation:-|Freehold||Fit'tings||Total|
||Land||and Equipment|||
|Opening|||7,196|||
|Depreciation
for year||||||
|At end of year|||'7,196||7,196|
|Basis of Depreciation-||||||
|Freehold
Land is not depreciated.|Fixtures, Fittings and Equipment|are depreciated|over 3years on a straight|line basis.||
|4 3 Net Book Value-||||||
|At
beglnrllng
of yeaf'|2,QOO||||2,000|
|At end of year|2,0QO||||2.000|
##
##
|6|Investment
Assets||||
|---|---|---|---|---|
||||2021|2020|
||Opening
Valuation||557,287|634,3Q9|
||Net Gain (LOSs) On revaluation||107,397|(77,Q22}|
||Carrying
Valve at end of|year||557,287|
|6.2|Analysis
of investments.|-|Value||
||||at year end||
||Listed Investments||664,684|557,287|
|7|Debtors and Prepayments||2021|2020|
||Prepayments
and Accrued Income|||4,351|
||Other Debtors||1,680|1,104|
||||6.076|5,455|
|8|Creditors and accruals||||
||||2021|2020|
||Due within one year-||||
||Accrvals|||700|
||Other creditors||5,225|9QQ|
||||14,990|1,600|
|9|Cash at Bank and in Hand||||
||||2021|2020|
||ShOn Term Deposits||39,000|39.000|
||Cash at Bank and in Hand||33,251|8,299|
||||72.251|47.299|
##
|||||||||NOTES|NOTES|TO THE ACCOUNTS|TO THE ACCOUNTS|TO THE ACCOUNTS|TO THE ACCOUNTS|TO THE ACCOUNTS|FOR THE YEAR|FOR THE YEAR|ENOED 31ST|ENOED 31ST|ENOED 31ST|ENOED 31ST|MARCH 2021|MARCH 2021|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|14 Charity Funds|||||||||||||||||||||||||||
|14 I Restncled
Funds held||||and||movements||||in|lhe curietll|||year-|||||||||||||
|||||||||||||Baiences||||incor!le|||Transtars|||Expenaiiure||Baiances|||
|||||||||||||||bdvra|||||||||||c fvxt||
||||||||||||||||||||||5||nx||||
|a B:ography Pro!act||||||||||||||||||||||1|457||||
|b AfChiVO Pl'a!Oct|||||||||||||||||||||||||||
|c Book Replaceniefit||||||||||||||||2!,SI33||||||21,653|||||
|d Ceiix.g replacement|||protect|||||||||||||||||||31|479||||
|||||||||||||||t,523||52 4O9||||I 513|||599||Sai||
|a 8og rap hy Pro act|||||||||||||||||||||||||||
|To commission
and||pubbsh|||||a|begraphy||of the||Ife of||Thomas|Piume||||||||||||
|Funamg||||Pnvato||||aonauons|||||||||||||||SI32||||
|b Archwe profert|||||||||||||||||||||||||||
|A programnie
for conserving,|||||||anaca!alogumg|||||the arch:vo coi'ecbari||||af the Lfbta3|||Ttie|residual batonce|||||||
|has been trar;Starred||||to|the|General|||tund||||||||||||||||||
|r. Book Replacement|||||||||||||||||||||||||||
|A coiitrtiu. ng progriiiltnio
I rpponea
lo rcp!Oce Qooks
Fund ng
Frcnds !Thomas
P,:md
l,||||||||||||||afire
i am kilo
,oiao||vn!0 tte nxf;iig|||froili tnr;||calli,|boiv|||||
|||||Friends||||ct itic Nslional||||Lor.i;||vs|||||||||||||
|a Ceiling replacemen!|||pro;.ect||||||||||||||||||||||||
|A protect m fund Ihe|||removal||||arm s!orage||||of Lrbrary||contents||dunrg|the replacement|||af!Iieco!ing||||||||
|||||Spenser 8 Sheif||||||scheme doriations|||||||||||||||||
|||||The||Pitgrim|||Trusi|||||||||||||21,121|||||
|||||Ttxe||Auretius|||Chantakae|||Trum|||||||||||||||
|14 2 Resbtctod
Funds hela||||and||mo||emenls||in|tne prevmus|||year-|||||||||||||
|||||||||||||Balanccs||||in nixie|||Transfers|||F,xpondeure||Ba|ance s||
||||||||||||||||||||||||||cAvd||
|Bogre pny Pra em||||||||||||||'f,g53||I G25|||||||||I 391||
|AfChrxlx pfo.,eCI|||||||||||||||||||||||||162||
|BQQk Replacoivieni|||||||||||||||||||||||||||
|||||||||||||||I 219|||||||||||1.523||
|143 Permanent
Endorxment|||||f'und|||Movements|||iri ttie curlent year||||||||||||||||
|||||||||||||Ba'ance s||||Trans!a~||Revaluabon|||of|||Baianee|||
|||||||||||||||b:fv a|||fvenlage|||ASSetk|||||cifivd||
||||||||||||||||||||||||||f.||
|Permanent
Enaovrmer||||t|Fund|||||||||II3:42||||||||||3 113742|||
|l4 4 Perix ant!i! Erld! Ornkiil|||||Fund|||k'oviviieii!1
", nve prrci 'll el|||||||||||||||||||
|||||||||||||Palailcos||||Tlansier||Ftx.vtiuabon|||ai|||Bai.ance|||
|||||||||||||||O.t"a|||itorilarte|||stets|||||||
|Pom:anenl
Endovxment|||||Fund|||||||||||||||111742||||3,113,742|||
|145 Urrres!ncled
Funds||nel'd|||arid||rlrevemertts||||inb:e current year-||||||||||||||||
|||||||||||||Bata-co||||Tranatera||||Income||Expenditure||Revaluatmn|||
|||||||||||||||Q1wd||||||||||o!Inveslitletllk|||
|General Fund|||||||||||||I'7,194|||fft 513j||||||i3J.222!||||155O53|
|Designs!Od Funa .cei', mg||||||epiacement|||||||||||||||||||||
|Reve'ualmn
Revalue|||||||||||||459724|||||||||||IO, 39"||56 .121|
|TQ!al Unroslrimea|Furlds|||||||||||||||II 513!||||44|594|!3G222!||10".,397||727 '74|
|146 l.irves!rated
f'unds||naia|||aria ma emenls||||||iri Ihe|pre nous rear-|||||||||||||||
|||||||||||||Balance||||rarislr, rs||||income||Fxpond,|!Qre|Rvvaluation||Balance|
|||||||||||||||||||||||||ot!nvt'Stmerlia|||
|')e'liJ!il turd|||||||||||||||||||||||3||||
|Riiva'umon
Reserve||||||||||||||||||||4!79?:,3|||31';|!7702.!
i
*' Onm||459 724
698 n'|