##
##
##
|Trustees:||||||||
|---|---|---|---|---|---|---|---|
||||Lady Berney|||||
||||Mrs K Claydon|||||
||||Rev J F Dickens|||||
||||Miss 5 E Dignasse|||||
||||Cllr J Fleming (Appointed|||by Essex|County Council)|
||||Dr A Knightbridge|||||
||||Cllr A Lay (Appointed
by
Cllr 5 P Nunn
(Appointed|||Maldo n Town Council)
by Maldon District Council) (Resigned 4'" May 2023)||
||||Mr R Pipe|||||
||||Mr C R Potter|||||
||||Mrs 5Shires|||||
||||Mrs 5 M Swaflin-Smith|||||
||||Mr C A Wakefield|(Ex-Officio as Principal of Plume Academy)||||
|Principal Oflicer:|||Cllr A Lay|||||
|Registered|address:||Market
Hill, Maldon,||Essex CM9 4PZ|||
|Registered|Charity Number:||1179957|||||
|Bankers:|||Barclays Bank pic,|Leicester LE87|||2BB|
|Reporting|Accountants:||Lambert Chapman|LLP,3Warners|||Mill, Silks Way, Braintree, Essex,|
||||CM7 3GB|||||
|Independent||Examiner:|LGreenwood
FCCA|||||
||||3Warners
Mill,|||||
||||Silks Way,|||||
||||Braintree,|||||
||||CM7 3GB|||||
|Libradan:|||Dr H K Kemp|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||UNRESTRICTED|RESTRICTED|PERMANENT|TOTAL||
|---|---|---|---|---|---|---|
|||FUNDS|FUNDS|ENDOWMENTFUND|FUNDS||
||Note|2023|2023|2023|2023|2022|
|Incoming Resources|||||||
|Donafions and Legacws||2,841|6,965||9,806|125,598|
|Charttabm
Activibes||328|||328|336|
|Investments||25,512|||25,512|24,838|
|Total|||6,965||35,647|150,774|
|Resources expended|||||||
|Expenditure
on:-|||||||
|Charitable
Ac6vilies||35,308|||42273||
|Total||35,308|6,965||42,273|59,545|
|Revaluation
ofInvestmenls||(42,421)|||(42,421)|21,998|
|Net Surplus
(Defrcit)||(49,047)||||113,224|
|Revaluation
ofFixed Assets||||575,753|575,753|289,351|
|Transfer|||||||
|Net movement
in Funds||(49,047)||575,753|526,706|402,575|
|Reconciliagon ofFunds|||||||
|Opening
Funds||741,246||3,503,093|4244,339|3,841,763|
|Total Funds canied forward||692,199||4,078,846|4,771,045|4,244,339|
##
##
|||||2023||||2022|
|---|---|---|---|---|---|---|---|---|
||||Uuruslnctsd|Restricted|Permanent||Total|Total|
|||Note|Funds|Funds|Endowment|Fund|||
|Fixed Assets|||||||||
|Tangible
Assets||||||2,000|2,000|2,000|
|Herhage Assets|||||4,076,846||4,076,846|3,501,093|
|Investmenls|||644,259||||644,259|686,680|
|Total Fixed Assets|||644,259||4,078,846||4,723,105|4,189,773|
|Cermet Assets|||||||||
|Debtors||7|7,963||||8,908|6,769|
|Cash stgankandin|Hand|9|42,700|||||48,894|
||||50,663|3,445||||55,663|
|Less Creditors|||||||||
|Amounts
fagng due within|||||||||
|one year|||2,723|3,445|||6,168|1,097|
|Net Current Assets|||47,940||||47,940|54,5ey|
|Total Assets|||||||||
|lass Cunent
Liabilities|||692,199||4,078,846||4,771,045|4244,339|
|Funds ofthe Chadly||14|||||||
|Unrestricted|||145,503||||145,503|152,129|
|Revalualmn
Reserve|||546,696||||546,696|589,117|
|Restricted|||||||||
|Permanent
Endowment|||||4,078,846||4,078,846|3,503,093|
|Total Furlds|||692,199||4,078,846||4,771.045|4,244,339|
##
##
|1.Accourltirrg
pogcies|||||||
|---|---|---|---|---|---|---|
|Statement ofcompliance|||||||
|These accounts have been prepared
in accordance
with the second edition ofthe Charities Statement of Recommended|||Practice issued||||
|in October 2019,the Financial
Reporting Standard applicable
in the UK and Republic|ofIreland (FRS 102)and the Charities Act|||2011.|||
|Basis ofpreparation|||||||
|The Chanty meets the defin Tiion ofa public benefit en5ty under FRS 102.Assets and|liabilities are initially recognised at||historical cost or||||
|transacgon
value unless otherwise stated in the relevant accounting
policy notes.|||||||
|Going Concern|||||||
|The accounts have been prepared
on agoing concern
basis. The Trustees assess whether the use ofgoing concern
is||appropriate|||r.e.||
|whether there are any material
uncertainties
related to events or conditions
that may|cast significant doubt on the ability|ofthe charity||||to|
|congnue asagoing concern. The trustees make this assessment
in respect ofa period ofone year fmm the date ofappmval
ofthe|||||||
|gnancial statements.|||||||
|Judgements|||||||
|Aparl from those judgements
involving
estimations,
the management
team have not|made any judgements
in the process ofapplying|||||the|
|entity's accounbng
policies
that have significant
agent on the amounts
recognised
in the accounts.|||||||
|Key sources ofestimation
uncertainty|||||||
|There are no key assumpbons
concerning
the future or other key sources ofesfimation
uncertainty
at the reporting
date|||that have a||||
|sigmricant
risk ofcausing a material
adjustment
tothe carrying
amounts
ofassets and liabilities within the next repomng|||period.||||
|Income|||||||
|Income isincluded
in the Statement ofFinancial AcdvNes (SoFA) when the charity is legally endtled tothe income, the||amount can|||be||
|measured
reliably and itis probable that the income will be received.|||||||
|There has been no offsetting ofassets and liabilities or income and expenses.|||||||
|Grants, Donations
and Legacies are only mduded
ifmeeting the criteria for recognriion
ofincome
Donated assets are reported||||within|||
|income from donations
and legacies at an appropriate
fair value where pracdcable.|||||||
|Income from Charitable
Activities relates to the sales ofmerchandise
and isinduded|within the accounts on receipt.||||||
|Tsx redaims
on donations.
Gift aid receivable is induded
ifthere isa dedaration
from the donor. Any gift aid rerxrvered|||on a donation|||is|
|considered as part ofthe donation
and credited to the same fund as that donation.|||||||
|Income fiom interest and dividends
are Inrduded
on receipi|||||||
|Investment
gains and losses rndude any realised gains orlosses on the sale ofinvestments,
and any gain orloss on revaluation.|||||||
|Expenditure
and Liabilities|||||||
|Ag expenditure
is accounted for on an accruals basis and has been dassified
under|headings
that aggregate
ag costs related tothat||||||
|category. Expenditure
is recognised
where there is a legal or constructive
obligation|to make payments
to third parties,|itis probable||||that|
|the settlement
will be required and the amount ofthe obligations
can the measured|reliably.||||||
|Chantable
expenditure
comprises those costs incurred
by the charity
in the delivery|ofits activities and services for iis beneficiaries.|||||It|
|indudes
both costs that can be allocated
directly to such activities and those costs ofan indirect nature to support them.|||||||
|Governance
costs indude the costs attributable
to the charity's
txrmpgance
vriith constitutional
and statutory
requiremerd||s|.||||
##
##
|2|AABIyds|oflAcoihe||||||
|---|---|---|---|---|---|---|---|
|||||Unrestdcted||Total||
|||||Funds|F nds|Fmide||
||Donei ons|And LB9acies||||2||
|||Donations and gem||2.632||2.632||
|||Go emment grants (COVID)|||||2667|
|||Grant from Essex Communily|Foundafmn|||||
|||Graht from Town Coundl|||||7,001|
|||Gnmts from other chahses||||4,674|I5251|
|||Donated heritage assets|||||100,000|
|||Total||2,841|||125,598|
||Charitable|Acbvxiss||||||
|||Sales of Books and other items||||||
||Iricoiiia froiii liiveslniiilits|||||||
|||Interest income||593||598|16|
|||Div dend Income||24,844||24.844|24,752|
|||Lease IficofAB||70||70|70|
|||Total||25,512||25,512|24.838|
||TOTAL INCOME|||28.682|||I50,774|
##
|3|Analysis nf Expenditure||||Unreshicted|Restricte|Total||
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Fiiiids||
||Expenditure
on Charitable||Activities||||||
||Staff Salariies and Wages||||19,034||19,034|20,048|
||Subscnptions
and Conferences||||||||
||||||18,034||19,034|20,048|
||Library Contents||||||||
||Insurance||||4,865||4,865|4.370|
||Conseniabon||||828|2.500|3.328||
||Broke Purchased|||||4,465|4,465|6,375|
||ITWebsite and Catahguing||Costs||2,598||2,598|2,519|
||||||8291|6,965|15,255|13264|
||Premises||||||||
||Maintenance
of Building,|Equipment||and Fittings||||20,540|
||Rent and Water Charges||||249||249|169|
||Cleaning Wages||||275||275||
||Cleaning Costs||||||||
||||||4,106||4.106|2,945|
||||||5,297||5,29T|24,059|
||General||||||||
||Telephone||||561||||
||Printing and Sla6onery||||368||368|112|
||post and Sundry Expenses||||||86||
||Publications||||||||
||The Annual
Plume Lecture||||179||179|149|
||||||1,194|||1,335|
||Total Expenditure
on Charitable|||Activibes|33,815|6,965|40,780|58,705|
||Govemanee
Costs||||||||
||Legal Fees||||630||||
||Independent
Examiners Fees||||863||863|839|
||||||1,493||1,493|839|
||Total Resources Expended|||||6,966|42,273||
|Et|Paid Employees||||||2023||
||Staff Costs:-||||||||
||Salanes and Wages||||||19,309|20,428|
||Senal Security Costs||||||||
||Total Staff Costs||||||'I9,309|20,428|
||Average Head Count (a8|charitable||activities)|||||
||Cliarrtable
Activities||||||4.5|4.5|
||Governance||||||0.5|0.5|
||No employee
received emoluments|||ofmore than|560 000 dunng 0re year.||||
##
##
|4 Tangible Fixed Assets|||Fistulas|||
|---|---|---|---|---|---|
|4.1 Cost orvalua5onh||Freehold|FIM/lgs||Total|
|||Land|and Equipment|||
||||7|||
|Opening||2,000|7,196||9,196|
|Revaluation||||||
|At end ofyear||2,000|7,196||9,196|
||||Fixtures|||
|4.2 Deprecia6on 3||Freehold|Fitdrige||Total|
|||Land|and Equipment|||
|Opening|||7,196||7,196|
|Depreciation
foryear||||||
|At end ofyear|||7,196||7,196|
|Basis of Depreciation:-||||||
|Freehold Land is not depreciated.|Fixtures,|FiMngs and Equipment are depreciated|over 3yearn on astraight|line basis.||
|43 Net BookValue:-||||||
|At beginning
ofyear||2,000||||
|At end ofyear||2,000|||2,000|
##
##
|5.5 Summary|5.5 Summary|ol hentage amsts vsluest|ol hentage amsts vsluest|Year end|Valrr86tltl|
|---|---|---|---|---|---|
|||||31 March 2023|4.078,846|
|||||31 Mardi 2D22|3,501,D93|
|||||31 March 2021|3,111,742|
|||||31 March 2020|3,111.742|
|||||31 March 2019|3,000.DDO|
|6|Investment Amels|||||
|||||2023|2D22|
|6.1||||||
||Openulg|Valuagon||688,680||
||Net Own|)toss) an|remluason|i42,421)|21696|
||Denying|Value at end ofyear||||
|62|Analysis|ofinvestments:-||Value|Value|
|||||alyear end|at year end|
|||||644,259|686,880|
|T|Debtors|and Pnlp8ytrrerlts|||2022|
||Prepaymenls
and Accmed Income||||6.710|
||ower Detaws|||||
|8|Creditors and accruals|||||
|||||2023||
||Due wahin one year;|||||
|||||4,857|197|
|||||1,311||
|||||6,168||
|9|Cash at|Sank and|in Hand|||
|||||2023||
||Sholt Terrrl Deposits|||||
||CBshst|88tlk wnl|Irl Harui|5,200|14,894|
|||||45,200||
|10|FairValue ofAssets|||||
##
||||||THOMAS|THOMAS|THOMAS|PLUME'9 LIBRARY|PLUME'9 LIBRARY||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||NOTES|TO THEACCOUNTS|||FOR THE YEAR ENDED|||31STINARCH 2023|||
|14|Charity Funds||||||||||||
|14.1|Restricted Funds held and movements|||in the current yeer:-|||||||||
||||||Balances|||||Transfers||Espendilure|
|8|Book Rmdacement|||||||4,465|||||
|b|Paingng conservation|||||||2,500|||||
|||||||||||||6,965|
|a|BookReplacement||||||||||||
||A continuing
pmgrsmme
supported
to replace||||books which|are krmvm to bs missing|||from|the mwecgon|||
||Fundmg|Friends ofTlmmas Plume's Libraty||||||||||4,465|
|b|Pahrirhg
cousemafrorr||||||||||||
||Fun Oreising towe res|con smva|fmn ofthe Library's
pain dngs||||||||||
||Fnnlfmg|Essmr|Community
Founda6on|||||||||2500|
|c|Biography project||||||||||||
||To commmaon
snd publish a||bmgrsphy|ofthe|seofThomas||plume.
Thh was completed|||in 2021.|||
|d|Alcicvc protect||||||||||||
||A programme
for conserving,
and cataloguing
wes~toIhe General fund ms!year.||||lhe archive|olledion ofthe Library, rmw completed.|||||A|small residual bsmnce|
|e|Ceiling rap(cue
ant|prcject|||||||||||
||Aprajemto fund gle|removal|and storage of Lttsary contents||||during ale replacement||ofIhe ceiling in 202D-21,now conduded.||||