## |Directors|and Trustees|and Trustees|R C Hepworth|MBE|MBE|Chair||| |---|---|---|---|---|---|---|---|---| ||||DJ Brickneg|||||| ||||P S Cousins|||||| ||||C M Gravener|||resigned|—21 September|2021| ||||K Pilkington|||||| ||||5 L WiRiamson|||||| ||||5Tracey|||resigned|—31 December 2020|| ||||A Burns|||||| ||||5 G Lingard|||appointed|—24 August 2020|| ||||J FTabern|||appointed|—24 September|2020| ||||D M Morgan|||appointed|- 24 September|2020| |Executive||director|RJ Helsby|||resigned|—18 May 2021|| ||||P M Frost|||appointed|—18 May 2021|| |Secretary|||R
I Tully|||||| |Company||number|02592450|||||| |Charity|number||1006990|||||| |Registered||office|Chalon
Way|East||||| ||||St Helens|||||| ||||Merseyside|||||| ||||WA10 1BX|||||| |Auditors|||Abrams
Ashton||Ltd|||| ||||7Waterside|Court||||| ||||St Helens|||||| ||||Merseyside|||||| ||||WA9 1UA|||||| |Bankers|||NatWest
Bank||Plc|||| ||||5 Ormsklrk|Street||||| ||||St Helens|||||| ||||WA10 1DR|||||| |Solicitors|||Addleshaw|Goddard||||| ||||100 Barbirolli||Square|||| ||||Manchester|||||| ||||M2 3AB|||||| ## ## |||||Pages| |---|---|---|---|---| |Trustees'
Annual
Report incorporating|Group Directors'||Report|1 to 5| |Independent
Auditors'
Report||||6 to 9| |Consolidated
Statement
of Financial|Activities|||10| |Consolidated
Balance Sheet||||| |Company
Balance Sheet||||12| |Statement
of Cash Flows and Consohdated||Statement|of Cash Flows|13| |Notes to the Financial Statements||||14to 24| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Restricted|Restricted|Unrestricted|Total||Total| |---|---|---|---|---|---|---|---|---| ||||Funds||Funds|Funds||Funds| ||||2021||2021|2021||2020| ||||E||E|E||E| |||Note||||||| |Incoming resources||||||||| |Incomin
resources from
enerated|funds:|||||||| |Voluntary
income:
Grants and donations|||280||617,826|618,106||329,575| |Activities for generating
funds
Commercial
trading operations|||||62,019|62,019||231,783| |Investment
income:||||||||| |UK bank interest
receivable|||22
302||679,845|22
680,147||4
561,362| |Incomin
resources
from charitable||||||||| |activities:
Operations
as a visitor centre|||||~2382|~2382||33 549| |Total incoming
resources||||302|~682 227|~682|529|~594 911| |Resources expended||||||||| |Costs of
eneratin
funds:
Commercial
trading operations|||27,971||180,621|208,|592|286,565| |Charitable
activities:
Operations
as a visitor centre|||104,598||295,754|400,352||429,948| |Governance
costs|||||~7095|~7095||~7095| |Total resources expended||7|~132|569|~483 470|~616|039|~723 608| |Net movement
of funds for the year|||(132,267)||198,757|66,490||(128,697)| |Reconciliation
of funds||||||||| |Total funds brought
forward|||4~244|062|12 723|4 256|785|4 385 482| |Total funds carried forward||19|~41|79|su 480|4~323|5|~67| ## |||||2021||2020|| |---|---|---|---|---|---|---|---| ||||Notes|E|||| |Fixed Assets
Tangible assets
Heritage assets|||11
12||4,126,924
4,126,924||4,268, 188
4,268, 188| |Current
Assets|||||||| |Stocks||||10,200||10,920|| |Debtors|||14|27,885||27,393|| |Cash at bank and in hand||||~294 810||55 131|| |||||332,895||93,444|| |Creditors:
amounts
within
one year
Net Current Assets|falling due
I (Liabilities)||15|44 531|288 264|104 847|11 403| |Total Assets less Current||Liabilities|||4,415,288||4,256,785| |Creditors:
amounts
more than one year
Net Assets|falling|due after|16||92 013
+~3~27||4
785| |The funds of the charity
Restricted
funds
Unrestricted
funds|||18
18||4,111,795
211 488||4,244, 062
~12723| |Total charity funds|||19||5 322275||~56| ||||||2021|2020|| |---|---|---|---|---|---|---|---| ||||Notes|E|||| |Fixed Assets
Tangible assets
Heritage assets
investments|||11
12
13||4,125,979
4,125,981||4,265, 621
4,265,623| |Current
Assets|||||||| |Stocks
Debtors|||14|1,500
40,444||1,800
41,093|| |Cash at bank and in|hand|||~293 960
335,904||53 694
96,587|| |Creditors:
amounts
year
Net Current
Assets|falling due within|one|15|L334|664422
381 262
4,427,243|89 606|6 981
4,272, 604| |Creditors:
amounts
than one year
Net Assets|falling due after|more|16||46 450
~4~80 793||| |The funds of the charity
Restricted
funds
Unrestricted
funds
Total charity funds|||18
18
3||4,111,795
268 998
~3~80
3||4,244, 062
~28 542
27
04| ## ## ||||||Group
2021||Group
2020|Company
2021|Company
2020|| |---|---|---|---|---|---|---|---|---|---|---| |||||Notes|E||E|||| |Cash generated
in operating||activities||22|~139 657||~57 186|~190244|61 810|| |Cash Flows from Investing|activities|||||||||| |Interest
received||||||22|4|22||4| |Purchase of tangible
fixed assets|||||||~20 519|-|~20 519|| |Cash generated
by 7 (utilised||in)||||22|~20 515|22|~20 515|| |Investing
activities||||||||||| |Cash Flows from Financing|activities|||||||||| |Repayments
of Bank loans in
Bank loans received
in year||year|||~100|000||~50 000||| |Cash generated
by (utilised||in)|||~100|000||~50 000||| |Financing
activities||||||||||| |Increase in cash and cash|equivalents||||~239|679|36 671|~240 266|41 295|| |in the year||||||||||| |Cash and cash equivalents
beginning
of the year|at the||||55|131|15460|53 694|12|399| |Total Cash and cash equivalents|||at the||~294|810|55 131|~293 960|53|694| |end ofthe year||||||||||| ## ## ## ## ## |All fixed assets are initia|lly
record|ed at cost.||| |---|---|---|---|---| |Depreciation
is provided|at rates|calculated
to write off the cost|less residual|value of each| |asset over its expected|useful life, as follows:-|||| |Long leasehold
land
Long leasehold
buildings
Capitalised
professional|fees|Straight
line over 124years
Straight
line over 50 years
100Xin the year of purchase||| |Computer
equipment||33XStraight
line||| |Fixtures,
fittings
and
equipment||10X, 20X and 25X Straight|line|| |Heritage assets (purchased)||10XStraight line.||| ## ## ## ## |operating|deficit||| |---|---|---|---| |p||2021|2020| |||E|E| |This is stated after charging:
Depreciation
of tangible assets
Auditors'
remuneration||141,264
~75|145,111
~0| ## ||,
undertaken
by the charity i|tself|is set out below:|||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||E|E| ||Gross incoming
resources
Total expenditure
on charitable
activities
Governance
costs
Net incoming
/ (outgoing)
resources||||618,213
(505,429)
~4595
108,189|422,856
(538,410)
~4595
(120,149)| ||Total funds brought
forward||||4 272 604|4 392 753| ||Total funds carried forward||||~38~93|| ||Represented
by:
Restricted income funds
Unrestricted
income funds||||4,111,795
268 990
4 3380/ 7 3|4,244, 062
28 542
~20| |4|Voluntary
income|||Restricted|Unrestricted|Total| |||||Funds|Funds|| |||||2021|2021|2020| ||Core Funding
St Helens Council
Pilkington
Group Limited|||E|E
203,335
~60 000
263,335|E
218,833
~60 000
278,833| ||Donations
/ Grants
Coronavirus
Job Retention
Scheme
Friends of The World of Glass|||280
28i8|210,027
144,464
617
6|45,860
4,082
800
3
57| ## ## ## |incoming
r|esources from|activities f|or generating
f|unds||| |---|---|---|---|---|---|---| |||||Restricted|Unrestricted|Total| |||||Funds|Funds|| |||||2021|2021|2020| |||||E|E|E| |Shop
Cafe and functions
Room hire
Hot glass sales|||||4,780
5,914
48,644
~2681
~6019|26, 178
110,249
70,083
25 273
~383| |Incoming|resources from|charitable|activities|||| |||||Restricted|Unrestricted|Total| |||||Funds|Funds|| |||||2021|2021|2020| |||||E|E|E| |Education
Admissions|and exhibition
receipts|income|||1,903
479|3,630
29,919| |Other income|||||2
82|| ## ## ## ## |7
Total|Re|sources E|xp|ended||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||Basis of
aliocation||Admissions|Education
And||Shop|Cafe 0
Function|Room
Hire|Hot
Glass||Gover-
nance|2021
Total|2020
Total| ||||||Exhibfts.|||||Sales||||| ||||||E||E|E|E|E||E|E|| |Cost directly||||||||||||||| |allocated to||||||||||||||| |activities
Goods purchased||Direct|||||880|3,159|||||4,039|47,956| |for resale
Departmental||Direct||862||12|||||423||1,297|6,389| |materials||||||||||||||| |Staff costs||Dll'act||73,318|11,793||6,132|56,218|2,731|5,108|||155,300|187,854| |Premises
costs
Light 0 heat||Floor area
Floor area|/|82,198
46,862|3,202
1,420||1,067
6,390|5,337
2,840|11,742
8,520|3,202
4,970|||106,748
71,002|98,864
98,249| |||direct||||||||||||| |Depreciation||Direct||102,295|3,790||1,263|6 317|19 028|3,790|||136,483|139,313| |Support costs||||||||||||||| |allocated to||||||||||||||| |activities
Admin 8 finance||Income||42,264||617|4,448|18,732|11,907|4,294|||82,262|77,371| |staff||||||||||||||| |Marketing 8||Usage/||2,315||34|||292||235||3,445|9,666| |advertisfng
Licences 0||Income
Usage/||4,168||61|197|828|526||424||6,204|4,877| |equipment
hire
Communications||Income
Usage/||4,215||62|199|837|532||428||6,273|6, 115| |General office||income
Income||13,370||195|1,407|5,925|3,767|1,358|||26,022|24,116| |costs||||||||||||||| |Legal 0 prof. fees||Income||2,577||101|34||369||101||3,350|5,600| |Audit||Usage||||||||||7,095|7,095|7,095| |Bank charges|I't|Income||892||13|94|396|252||91||1,738|4,345| |interest||||||||||||||| |Taxatlon||||||||||||||| |Office equipment||Pro rata||~3583||133||221|667||133|-|~4 781|~5 798| |depreciation||direct||||||||||||| |Totalresources||||||||||||||| |expended||||||||||||||| |Totalresources||2020||||||||||||| |expended||||||||||||||| ## ## |Employees|||||||| |---|---|---|---|---|---|---|---| |Number
of employees
The average
monthly|numbers|of employees|employed|by the group|(including|the executive|director)| |during the year were:|||||||| |||||||2021|2020| |Operational
Management
and administration||||||20
4
24|20
4| |||||||2021|2020| |||||||E|E| |Wages and salaries
Social security costs
Other pension costs||||||225,078
8,130
~4354
~362|249,423
11,221
4 581| ## ## ## ## ## ## |Tangible fixed assets||||| |---|---|---|---|---| ||Long
Leasehold|Computer
Equipment|Fixtures
Fittings
&|Total| ||Property||Equipment|| ||E|E|E|| |Group||||| |Cost
At 1 April 2020|9,999,220|63,596|4,621,632|14,684,448| |Additions||||| |Disposals
At 31 March 2021|9 999 220|63 596|4 621 632|14 684 448| |Depreciation
At 1 April 2020
Charge for the year|5,748,988
134,512|63,596|4,603,676
6,752|10,416,260
141,264| |Eliminated
on disposals
At 31 March 2021|5 883 500|~63 596|4 610428|10 557 524| |Net book values
At 31 March 2021|41 5720||~11
4|~126 924| |At 31 March 2020|4~20 232||17 957|4~68 1 8| |Charity||||| |Cost
At 1 April 2020|9,999,220|60,408|4,606,964|14,666,592| |Additions||||| |Disposals
At 31 March 2021|9 999 220|6' 408|4 606 964|14 666 592| |Depreciation
At 1 April 2020
Charge for the year|5,748,988
134,512|60,408|4,591,575
5,130|10,400,971
139,642| |Eliminated
on disposals
At 31 March 2021|5 853 500|60 408|4 596 705|10 540 613| |Net book values
At 31 March 2021|4
570|||| |At 31 March 2020|||~389|~46| ## ## ||charity acts only as their c|urator.|||||| |---|---|---|---|---|---|---|---| |13|Fixed Asset investments||||||| ||Charity|||||2021|2020| |||||||E|E| ||Subsidiary
undertaking||||||| ||The charity
owns 100Xof
is incorporated
in England
and commercial
activities|the ordinary
share capital of The World of Glass Enterprises
Limited,
which
and Wales (registration
number:
02723960) and which operates the trading
of the visitor centre, which include operating
the admissions
to the visitor|||||| ||centre, its shop and cafe,|and the hire of its facilities for||functions|and|conferences.|A summary
of| ||the trading
results
and assets and habilities
of the subsidiary|||company|is|as follows:
2021|2020| |||||||E|E| ||Summary
profit and loss
Turnover|account||||59,817|236,429| ||Cost of sales|||||~4039|~47 956| ||Gross profit
Grants receivable|||||55,778
55,439|188,473
2.037| ||Administrative
expenses
Net (loss) I profit retained|||||~152 916
16 9|(~199 058
85 8| ||Summary
Balance Sheet
Rxed assets|||||945|2,567| ||Current assets|||||14,856|18,428| ||Creditors:
amounts
falling
Creditors:
amounts
falling
Share capital and reserves|due within one year
due after more than one year||||(27,754)
~45 563
57 516|(36,812)| ## |14 Debtors||2021|2020| |---|---|---|---| |||E|E| |Group
Trade debtors
Other debtors
Prepayments||5,461
2,656
~19 768
~7|6,599
2,445
~18 349
~3| |Charity
Trade debtors
Amounts
owed by subsidiary
Other debtors
Prepayments|undertaking|155
17,865
2,656
~19 768
~404 4|765
21,571
2,445
~16 312
~9| |beginning
of each finan|cial year.|||| |---|---|---|---|---| |15 Creditors:
amounts|falling due within|one year|2021|2020| ||||E|E| |Group
Bank loans
Trade creditors
Other taxes and social
Accruals
and deferred|security costs
income||7,987
18,231
3,726
~14 587
~53|30,774
14,019
60 054
1007| |Charity
Bank loans
Trade creditors
Other taxes and social
Accruals
and deferred|security costs
income||3,550
16,557
2,621
~11 914
~34
2|27,729
5,333
56 544
~60| |16 Creditors:
amounts
falling due after||more than one year|2021|2020| ||||E|E| |Group
Bank loans|||92 013
~92
13|| |Charity
Bank loans|||~46 450
~46
50|| ## ## ## ## |)
Analysis
of unrestricted|fund movements|fund movements|fund movements||||| |---|---|---|---|---|---|---|---| |||||Balance at
Incoming
Resources|||Fund at| |||||01/04/2020
Resources
Expended||31/03/2021|| |||||E
E|E||E| |Group
General
fund||||~12
23
6
22|83
0||21
80| |Company
General
fund||||~85
~617
11|~74||68
8| |b)
Analysis of restricted|fund|movements|||||| |Group and company||||Balance at
01/04/2020
Incoming
Resources|Resources
Expended|Fund at
31/3/2021|| |||||E
E|E||E| |Building
fund||||4,186,012|(132,569)||4,053,443| |Chandelier
Friends of The World of Glass
Rainford Trust
Cone Restoration
Show Seating Project||||8,031
2, 500
21,389
26 130
302
244 062
302|~132 569||8, 333
2, 500
21,389
29 130
1
795| |Name of fund
Building
fund
(HLF)|||Description,
nature
and purpose
of fund
To build the new visitor centre, instaR the displays
restore the Cone Building||||and| |Chandelier
Friends of The World of|Glass||To
To|restore and install a chandelier
gifted to the
support
and promote The World of Glass||collection|| |Rainford Trust
Cone Restoration|||To support The Godfrey
PI(idngton
Art GaRery
To provide
funds for the Cone building
restoration||||| |Show Seating Project|||To provide funds for the Show area seating||||| |Sufficient resources are|held|in an appropriate
form to enable each fund|||to be applied|in|accordance| |with any restrictions.|||||||| |Analysis of group net assets||between|funds||||| |||||Restricted|Unrestricted||Total Funds| |||||Funds|Funds||| |||||E|E||| |Fund balances at 31 March 2021 are represented
by:|||||||| |Tangible
fixed assets
Net current assets/(liabilities)
Long term liabilities
Total net assets||||4,053,443
58,352
+~11
95|73,481
230,012
~92 013
~10||4,126,924
288,364
~92.013
~43~25| ## ## ## |The company|received grants|from its members|as follows:||| |---|---|---|---|---|---| |||||2021|2020| |||||E|E| |St Helens Council||||~203 335|218 833| ## |Reconciliation
of net movement|in funds to net|cash flow from|operating
a|ctivities|| |---|---|---|---|---|---| |||~Grou|~Grou|~Com
an|~Com
an| |||2021|2020|2021|2020| |Net movement
in funds
Add back Depreciation
charge
Interest received
Deferred
Income movement||66,490
141,264
(22)
(36,667)|(128,697)
145,111
(4)
36,667|108,189
139,642
(22)
(36,667)|(120,149)
143,489
(4)
36,667| |Decrease in Stock
Increase
/ (decrease)in
Debtors
Decrease
/ (increase)in
Creditors||720
(492)
(31,636)|1,949
(2,678)
4,838|300
649
(21,847)|200
(2,658)
4,265| |Net Cash generated
/ (utilised)
activities|in operating|139,657|57,186|190,244|61,810| ##