TrUSTEES ANNUALREpoRr FOR THE YEAR ENDED 31ST MARCH 2021 Obje¢tives and Aetfivities The object of the Trust is to advance th¢ educatlon of th¢ public in the history and heritage of the town of Mald0 EX and East Angli& Our activities include the exhibition of the Maldon Embroidery, exhibitions of local 8rtefacts. displays of art work from local, Essex and East Anglian artists. and a comprehensive archive of historical videos and photographs &8 well as oral history recordings. This provid¢s a centre for historical interest and exwtis¢ for Maldon and beyond. It contributes to the ¢njoyment of educationa] resources for all ages. It improves the interpretation of Maldon's history through the stories depicted on the Embroidery and in the awhive displays. Thus, Im)rtandY contributing to the economy of th¢ area by enhancing th¢ social and leisure resou available to local residents and visitors to the are tn planning their a¢tivitie4 the Trustees have kept ID mind the Clwity Commission guidance on public benefit. The work of the Trust is wpported by a dedicated group of14 volunteers lead by our Centre Manager and also the trustees. Aehlevements and Perfornianee The Charity has succ¢eded in fulfilling the objectives as set out in th¢ Ik¢laration of TrLt in spite of being clos¢d for 23 weeks out of our usual 46 weeks opening per year. Activities were curtailed e.g.' no school visits were possible but we published our "Maldon and Viking Project Pack-. This was launched via a local school and the hoolS headth¢r8 forum. Research initiatives were launched th prior to the 30 Anniversary of the Maldon Embroidery and the 850th anniversary of the granting of Maldon's Royal Charter both in 2021. Flnancfial Revlew Our net income, because of the government lockdown rtgulations, of £21,318 was only p)ssibl¢ through the Grants of £2,750 and £1 I,(XX) from Maldon Town UnClE and Maldon district Council respectively. W¢ have cancelled our contract with Citrus HR. made iwo of our three employees redundant and reviewed all oth¢r expenditure to help saf¢guard our future. Charity Funds at our financial y¢ar end were £10.434. We ¢on8ider that this figure is sufficient to provide us with adequate working capitsl and also a reserve should thcre be an unexpected shortfall in our income. Strncture Governance and Management We are governed by a Declaration of Ttust dat¢d 18 September1989 and revised on17th march 2008. The Charity is governed by the IK)ard of nine Tnts and th¢ Centre run by the Manager assisted by volunteers. The Charity works closely with th¢ other heritage organisations in the District. Reference #nd Administrative Detai We are named The Maeldune TThl registered with the Charity Commission No 802226 and operdte from The Maeldune H¢ritage Centre on The Ground Floor. Plume Buildin& St Peters Tower, Market Hill, Maldon CM9 4PZ
Jillian Hipsey Cbairn Helen PhilEK)tt Jean Stnye Dorreen Linton D¢rek Jones Lindsey Wright Rachel Wood Susan M&son Colin Pryke ap1]nted 28108t2020 appoint¢d 28108020 app)inted 2810812020 apInted 2W0812020 Treasurer apwinted 01104r2021 Centre Manager: . Linda O'Brien Approved by the Thistett and &18ned on their behalf Jillian Hlpjey Chqinnan Dated 10 . 5 11
Independent Examiner's Report to the Trustees of Maeldune Trust I report on the accounts of the Trust for the year ended 31 March 2021 Basis of Independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commissioner5. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you a5 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. Independent examlner's statement In accordance with my examlnatlon, no matter has come to my attention: 1 } which gives me reasonable cause to believe that in any material respect the requirements to prepare accounting records which accord with the accounting records and to comply with the accounting requlrements of the Act. 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name Address Lkl Si tIL8Rs Q Date: 1£-*-21 Slgnature
Maeldune Trust Financial Aclivities Comparison April 2020- March 2021 TOTAL APR 2020. MAR 2021 APR 2019- MAR 2020 IPPI Income Donations HMRC Job Aetantion Schama Honey Sales Maldon Disirict Coundl MTC Grant Sales Total Inm$ 487.59 1.446.59 16.25 11.000. 2.750.00 20.420 06 £36.120.49 1,078.41 110.7S 5,5DO.00 35,223.34 £41,912.50 ¢081 ol S8188 Artl818 Fe88 Cost ol S8188 Total Arfsts F•oJ 8ooks purchased lor Stock Cards puichased tor 8tock Cost ol SA188 Mdtjon Chocolate Maldon Sall Tiplr89 Proserves Totsl C08101 Sd•8 12.038.99 20.381.27 12.56 20,393.83 1,184.85 13.85 11038.99 307.62 101.45 315.86 1,044.89 £23,088.02 £18,824.48 130.69 451.92 £12,929.22 £28.19127 TOTAL Expenditures Accounlino Softwar• Audit F8• 3ank ChaTg8s CITAUS HR Computer Ctssts Electrlchy Insurancos OfficalGèneF81 AdminKstratN8 Expw808 Parking lees Pgyroll Expenditur09 Phon8 C0518 Photocopy Pr5nting, Postagg an(J StsJonery Rèlrèshmenls R&nt Rapair and maintena Staff Gift8 1 Cards Wat8r 288 00 so.00 94.50 486.00 49.90 651.50 420.00 1,054.61 rJ.ss 11,839.48 690.54 5.30 169.97 173.27 648.00 94.60 1,241.55 420.00 361.44 496.04 13.559.35 S64.02 5.00 599 46 27.84 i.oo 5.99 3.00 10.50 -115.96 299.94 426.30 £16.495.21 402.07 392.50 451.88 £19,506.01 e481.$3 Website costs Worldpay fees Total EXrKI11Ures NET OPERATING INCOME £&698.08 NET INCOMEIIEXPENDITUREI £&696.06 £-861.53 Acctual Bas Friday. 2 A1 2W21 12..14 pm GMT+OI".
Maeldune Trust Balan Sheet As of Marth 31. 2021 TOTAL Fixed Asset Tangible wets CIttO Equipmont Cost Total TarrfJi49 assdts Total FIx8d knet 21.49 £21.49 £21.49 Cash at bank and in hand CAF BANK P6tty Cash Unbanked Taknros T¢ Cash at b8[ In haTr1 Currenl Assets Stock Asset Total CuwrontA81 NET CURRENT ASSETS 10,717.40 50.00 £10,767.40 0,00 £10.767.40 Creditors.. amounts falling due vhthin one year Trade Creditors Creditors Totd Trad• Credhrn 0.00 Curront Liabilities Ac¢ounts payabl• ExhibitlOn5 21-22 Ngxl y8ar b1)0ng 1•8S Payroll Clearf Suspense Total Curr•M U111108 0.00 90.00 9000 174.80 D.00 £354.80 fJ54.80 NET CURRENT ASSETS ILIABILITIESI TOTAL ASSETS LESS CURRE LIABILITIES Creditors.. amounts f4lllng due attef morg than one year 'vidends Paid £10.412.80 £10A34.09 0.00 £0.00 TOTAL NET ASSEtS ILIA8ILmEsi Chahty funds Prolit lor prior year Retained Eamings SLIrusIIoèfiCrtI Totsf Charfty frJnd• £10.W.09 .S21.53 4,259.56 6.696.06 £10,434.09 Ac(•Ja Ba Frkyay. 2 WI 2021 12..03 GMT+OI