Statement of Accounts 2020 / 21
Notes to the Accounts For the year ended 31 July 2021
14 Heritage assets Consolidated and University
The University has a number of different types of heritage assets , some of which it owns , and some of which are held on loan deposit . On-deposit and loan items are not included within the valuation total for the University . During the year , the heritage assets were not revalued for insurance purposes . The total heritage assets are split between :
Library : Archives and Special Collections
The University holds a large number of manuscripts , archives and other special collections ; these collections are housed in the University Library . They are held and maintained principally for their contribution to knowledge and culture .
Collections are acquired by deposit , gift and purchase . The University is committed to ensuring that these collections are exploited to their maximum advantage and made available efficiently and effectively . The University ’ s collecting policy states that material should conform to at least one of the following criteria :
• It fits with the current or future teaching and research profile of the University
• It is of strategic local interest
• It supplements an existing collection
• It is material generated by the University and considered worth preserving .
The collections were professionally valued for insurance purposes during 2015 / 16 by Hansons Auctioneers and Valuers Ltd . The valuation of items owned by the University totalled £ 6,972k .
Listed below are the collections owned by the University :
Arnold Bennett Papers Wilfred Bloor Papers Goldendale Iron Company T . E . Hulme Archive William Jack Collection The Foundations of British Sociology Archive ( formerly called the LePlay Collection ) Lord Lindsay Papers Local Collection Karl Mannheim Papers Pape Collection Raymond Richards Collection Sneyd Family Papers Warrillow Collection Josiah Clement Wedgwood Collection Jeavons Collection of 20 th Century Slides An Illuminated Manuscript Reserve stock ( 13,529 other titles held by the University ) George Thomas Baggaley – Finishing Designs Ray Pahl Papers
Additionally , within the Hansons Auctioneers and Valuers Ltd insurance valuation there were items that were not owned by the University and were on deposit , valued at a total of £ 977k . As noted in the 2018 / 19 financial statements , the University has been loaned the Joyce Holliday Archive valued at £ 5k , although again no value has been assigned to this in the financial statements as this is on loan .
Other than above , no significant additions or disposals have occurred of University owned Archives and Special Collections in this or the previous four years .
Other Miscellaneous Artefacts
The University has various miscellaneous artefacts that it owns , mainly situated in Keele Hall and the Library . These are classed as follows :
• Silver and Plated Ware
• Ceramics
• Furniture
• Sculpture
• Pictures ( including Drawings and Prints )
During 2015 / 16 , the collections were professionally valued for insurance purposes by Hansons Auctioneers and Valuers Ltd . The new valuation totalled £ 5,144k . Additionally , within the valuation there were items that were not owned by the University and were on deposit , valued at a total of £ 241k .
Other than above , no significant additions or disposals have occurred of University owned Artefacts in this or the previous four years .
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