THE MAELDUNE TRUST
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
Objectives and Activities
The object of the Trust is to advance the education of the public in the history and heritage of the
town of Maldon, Essex and East Anglia.
Our activities include the exhibition of the Maldon Embroidery, exhibitions of local artefacts,
displays of art work from local, Essex and East Anglian artists, and a comprehensive archive of
historical videos and photographs as well as oral history recordings. This provides a centre for
historical interest and expertise for Maldon and beyond. It contributes to the enjoyment of
educationaI resources for all ages. It improves the interpretation of Maldon's history through the
stories depicted on the Embroidery and in the archive displays. Thus, importantly contributing to
the economy of the area by enhancing the social and leisure resources available to both local
residents and visitors to the area.
We work closely with the other Heritage venues in the town and believe that we are a major factor
in keeping the High Street alive.
In planning their activities, the Thistees have kept in mind the Charity Commission guidance on
public benefit.
The work of the Trust is supported by a dedicated group of 20 volunteers lead by our Centre
Manager, and also the 7 Trustees.
Achievements and Performance
The Charity has succeeded in fulfilling the objectives as set out in the Declaration of Trust. The
Thist is seeking Charitable Incorporated Organisation status which is nearing completion. The ten
year extension to our lease granted us by Town Council, who own the building, was cornpleted on
18.10.2023.
The Trnst achieved the Sensory Charter Mark by making some improvements for example, part of
the stone flooring needed levelling, hearing loops provided at both desks and supplying information
leaflets with larger font.
The Thist appointed a new manager in August who has much experience in this field. She has
introduced an EPOS system to simplify and ensure accuracy of our accounting.
The art exhibitions, which change every three weeks, prove populaT with visitors and bring in much
needed revenue. The craft area attracts visitors who are looking for unusual presents. We are getting
many return visitors from these items particularly from the Chrism]as 'market'.
The Maldon Visitor Information Desk continues to bring in both visitors from the town and further
afield for information about what to visit, what's on locally etc.
School and adult visits for talks on the embroidery continue to prove popular. These can be booked
via the website. Talks are also given to groups away from the Centre through a powewoint
presentation.
A monthly article appears in a local magazine as well as using Facebook and Twitter to advertise
our events, exhibitions and preview evenings.
The Maldon Society photographs and videos archive continues to be catalogued and updated, to
improve the visitor experience.
The heritage weekend saw many visitors keen to engage with the three Vikings from a re-enacmlent
group. taking us back to the time of the Battle of Maldon.
We also gave two students from local schools, work experience.

We have refurbished the inhouse toilet area funded by ourselves and a small grant from the local
Masons. This was much needed and long overdue. We will be looking for grant funding to complete
the work in the adjacent kitchen/ office/rest room.
Financial Review 2023124
Our net Surplus for the Year was £1,214 as shown in our Annual Accounts. Our varied programme
of Exhibitions by local artists and craftsman, which continued to be very well supported, combined
with sales from our Craft Shop, provided the main financial support for our activities, together with
the Grant from Maldon Town Council of £6,500. Our expenditure levels were similar to the
previous year except for increased wages costs following the appointment of a new Manager, and
also it was necessary to upgrade our very dilapidated toiIet area at a cost of £3,000, which was
cushioned by a donation of £500 from St Peters Lodge
Our net Funds at the Year end totalled £23,415. This is sufficient to provide working capital and to
safeguard our level of activity in the near future. However, we are faced with a material ￿n￿eaSeS in
several areas of expenditure, and we have had a slow start of Visitor numbers and Sales in April. It
appears that we will do well to break even in the current financial year.
Structure Governance and Management
th
We are governed by a Declaration of Trust dated 18 September 1989 and revised on 17th March
2008. The Charity is governed by the board o( seven Trustees and the Centre run by the Manager
assisted by volunteers. The Charity works closely with the other heritage organisations in the
District.
Reference and Administrative Details
We are named The Maeldune Thist registered with the Charity Commission No 802226 and operate
from The Maeldune Heritage Centre on The Ground Floor, Plume Building, St Peters Tower,
Market Hill. Maldon CM9 4PZ
The Trustees are: _
Jillian Hipsey
Helen Philpott
Derek Jones
Dorreen Linton
Rachel Wood
Colin Pryke
Lindsey Wright
Chairman
Vice chairman and Secretary
Treasurer
Centre Manager: _
Joye Colbeck
Approved by the Trustees and signed on their behalf
Jillian Hipsey
Chairman of the Maeldune Trust

Independent Examinerfs Report to the Trustees of Maeldune Trust
I report to the trustees on my examinatlon of the accounts of the above charity (-the Trusy,) for the
year ended 31° March 2024.
Responsibllltles and basls of report
As the charity's trustees of the Trust. you are responsible for the preparation of the account5 in
accordance with the requirements of the Charities Act 20111"the Acv).
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
Independent examination, I have examined your charity's accounts as required under section 145 of
the Act. In carrying out my examination, I have followed all the applicable Directions given by the
Charity Commission under section 145{5){b) of the Act.
Independent examlnerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Act; or
the accounts did not accord with the accounting records. or
the accounts did not compty with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a 'true and fairf view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Signe
ame: Kar
avies
Date: 2yh May 2024

MAELDUNE TRUST
RECEIPTS AND PAYMENTS ACCOUNT
YEAR ENDED 31* MARCH 2024
UNRESTRICTED FUNDS
2024
2023
RECEIPTS
Exhibition and Shop Sales
Grants
Donations
Bank Interest
Total receipts
49,807
8,775
1.396
52
60,030
48,683
6,500
854
36
56,073
PAYMENTS
Due to Artists
Shop Purchases
Bankk and Commission Charges
Salaries
Other Staff Costs
Electricity and Water
Insurance
Other Propety Costs
Display and Equipment Purchases
Printing Postage and Stationary
Telephones
l T Costs
Sundry expenses
Total Payments
28,283
5,637
786
13,657
306
2,090
738
283
4,646
242
1,055
2,253
250
60,225
28,214
4,497
1,136
10,760
195
1,152
846
578
790
96
1,013
1,522
137
50,936
Net Receipts less Payments
Opening Cash Funds
Closing Cash Funds
-195
24,403
24,208
5,137
18,266
23,403
MAELDUNE TRUST
STATEMENT OF ASSETS AND LIABILITIES
AS AT 311¢ MARCH 2024
UNRESTRICTED FUNDS
2024
Assets
Balance ai Bank
Cash in Hand
2023
24,127
80
24,207
2,322
55
2,377
24,323
80
24,403
1,863
2,070
3,933
Shop Stock
Debtors and Prepayments
Assets for own use
Less Current Liabilities
Net Assets
3,171
23,415
6,136
22,201
signed on behalf of the Trustees
C W Prvke
Hon Treasurer