2023-03-31-accounts

Reference and Adntinistrative	Details
Trustees' Report			2 to 7
Independent Auditors' Report			sto 10
Consolidated Statement ofFinancial		Activities
Consolidated Balance Sheet			12
Balance Sheet			13
Consolidated Statement ofCash Flows			14
Statement ofCash Flows
Notes to the Financial Statements			16to 31

		The	World ofGlass (St	World ofGlass (St	Helens)	Helens)	Limited	Limited
		Reference and Administrative					Details
Chairman			R C Hepworth	MBE
Executive	Director		P M Frost
Directors	and Trustees		A K Pilkington
			R C Hepivorth
			D JBricknell
			P S Cousins
			TM Wilcock
			S G Lingard
			K Crooks (appointed		13December 2022)
			SEMurphy (appointed			17May	2023)
			SL Williamson	(ceased 28 November				2023)
			JFTabern (ceased 13			November	2023)
			TMawson (appointed			3 August	2022)
			A Burns (ceased 28 February 2023)
Secretary			R I Tully
Charity Registration		Number	1006990
Compmiy	Registration	Number	02592450
Registered	Office		Chalon Way East
			St Helens
			Merseyside
			WAIO 1BX
Auditor			Abmnis Ashton	Ltd
			7 Waterside Court
			St.Helens
			Merseyside
			WA9 tUA
Solicitors			Addleshaiv Goddard
			100Barbirolli	Square
			Manchester
			M2 3AB
Bankers			NatWest Bank	Pic
			5 Oimskirk Street
			StHelens
			WAto 1DR

				Unrestricted
				funds	Restricted	Total
			Note	General f	fundsf	2023 f.
Income and Endowments		fronu
Grants and donations				238,418	642,465	880,883
Charitable activities				31,636		31,636
Other trading activities				227,239		227,239
Investment income					53	53
Total Income				497,293	642,518	1,139,811
Expenditure on:
Raising funds Charitable activities			6 7	(244,704) ~333,310	(25,621) ~706,948	(270,325) ~440,238
Total Expenditure				(578,014)	(132,569)	(710,583)
Net (expenditure)/income				~(00,72(	309,949	429,228
Net movement in funds				(80,721)	509,949	429,228
Reconciliation offunds
Total funds brought	forward			149,284	3,981,767	4,131,051
Total funds carried forivard			21	68,563	4,491,716	4,560,279
				Unrestricted
				funds	Restricted	Total
				General	funds	2022
			Note	f
Income mid Endowments		from:
Grants and donations				303,780	2,530	306,310
Charitable activities				24,173		24,173
Other trading activities				221,285		221,285
Investment income						ll
Total Incoine				549,238	2,541	551,779
Expenditure on:
Raising funds Charitable activities			6 7	(248,170) ~(363.264	(25,588) (106,981)	(273,758) (470,245)
Total Expenditure				(611,434)	(132,569)	(744,003)
Net expenditure				~(62, 196	~(13tl028	~(92.2243
Net niovement in funds				(62,196)	(130,028)	(192,224)
Reconciliation offunds
Total fiuids brought	foovard			211,480	4,111,795	4,323,275
Total funds carried fo(ward			21	149,284	3,981,767	4,131,051

			Consolidated	Balance Sheet as	at 31M	arch 2023
						2023	2022
					Note
Fixed assets
Tangible assets					13	4,353,407	4,024,896
Heritage assets					14
						4,353,407	4,024,896
Current assets
Stocks					16	10,992	11,350
Debtors					17	27,093	32,747
Cash at bank	and in hand				18	384,143	200,476
						422,228	244,573
Creditors: Amounts		falling due ivithin		one year	37	~(362,623	~(66,266
Net current	assets					259,605	178,317
Total assets less current liabilities Creditors: Amounts falling due after				more than one year	2ll	4,613,012 ~32,733	4,203,213 ~72, 362
Net assets						4,560,279	4,131,051
Funds ofthe	group:
Restricted income funds
Restricted fimds					21	4,491,716	3,981,767
Unrestricted	income	funds
Unrestricted	funds				21	68,563	149,284
Total funds						4,560,279	4,131,051

		Bala	nce Sheet as at 31	March 20	23
					2023	2022
				Note		f.
Fixed assets
Tangible assets				13	4,351,195	4,024,896
Heritage assets				14
Investments				15
					4,351,197	4,024,898
Cun ent assets
Stocks				16	2,990	3,000
Debtors				17	39,816	43,402
Cash at bank	and in hand			18	383,121	199,616
					425,927	246,018
Creditors: Amounts		falling due within	one year	19	~137,295)	~(Stl,126
Net current	assets				288,632	195,892
Total assets less current liabilities Creditors: Amounts falling due after			more than one year	29	4,639,829 ~26 753	4,220,790 ~.36.484
Net assets					4,613,076	4,184,306
Funds ofthe	charity:
Restricted income funds
Restricted funds				21	4,491,716	3,981,767
Unrestricted	income	funds
Unrestricted	funds			21	121,360	202,539
Total funds					4,613,076	4,184,306

		Note	2023f	2022f
Cash flows front operating activities
Net cash income/(expenditure)			429,228	(192,224)
Adjustments to cash flows from non-cash	itenis
Depreciation			152,142	153,913
Investment income			(533
			581,317	(38,322)
Working capital adjustments
Decrease/(increase) in stocks		16	358	(1,150)
Decrease/(increase) in debtors		17	5,654	(4,862)
Increase in creditors		19	96,234	10,516
Net cash flows fi'om operating activities			683,563	33,818
Cash ilows from investing activities
Interest receivable and similar income Purchase oftangible fixed assets		5 13	53 (6811,6533	ll ~5(,885
Net cash flows from investing activities			(480,600)	(51,874)
Cash flows front financing activities Repayment ofloans and borrowings		19 29	~((9,296	8,642
Net increase/(decrease) in cash and cash equivalents			183,667	(94,334)
Cash and cash equivalents at I April		18	200,476	294,810
Cash and cash equivalents at 31March		18	384,143	200,476

Statement ofCash F	lows for the	Year Ended	31March 2023
			2023	2022
		Note
Cash flows from operating activities
Net cash incoine/(expenditure)			428,770	(196,487)
Adjustments to cash floivs from non-cash Depreciation Investlileilt illcollle	items	5	151,404 ~53	152,968
			580,121	(43,530)
Working capital adjustments
Decrease/(increase) in stocks		16	10	(1,500)
Decrease/(increase) in debtors		17	3,586	(2,958)
Increase in creditors Net cash flows fiom operating activities		19	87,086 670,803	9,436 ~37,552)
Cash flows from investing activities
Interest receivable and similar income Purchase oftangible fixed assets		5 )3	53 ~477,703	ll ~(51,N5
Net cash flows from investing activities			(477,650)	(51,874)
Cash flows from financing activities Repayment ofloans and borrowings		19,20	(9,645)	~(3,933
Net increase/(decrease) in cash and cash equivalents			183,505	(94,344)
Cash and cash equivalents at I April			199,616	293,960
Cash and cash equivalents at 31 March		18	383,121	199,616

2	Inconie	from grants, do	nations an	d legacies
				Unrestricted
				funds		Restricted	Total	Total
				General		fundsf	2023f	2022 f
Donations and legacies;
	Donations	from individuals		33,730			33,730	22,000
	Friends ofthe irVorld ofGlass					4,465	4,465	2,530
Grants, including capital grants;
	StHelens	Council Core funding		200,000			200,000	200,000
	Pilkington	Group Limited	Core
	Funding							30,000
	StHelens	Council Neiv Toivn
	Deal					488,050	488,050
	Rainford	Trust Godfrey
	Pilkington	Galleiy				149,950	149,950
	Other grants			4,688			4,688	51,780
				238,418		642,465	880,883	306,310
3	Income	from charitable	activities	(operations	as a visitor centre)
						Unrestricted
						funds	Total	Total
						General	2023	2022
	Admissions					26,494	26,494	20,680
	Education	tk exhibitions				5,142	5,142	3,493
						31,636	31,636	24,173

				Unrestricted
				funds	Total	Total
				General	2023f	2022
Room hire				69,549	69,549	54,992
Hot	glass sales			38,230	38,230	32,134
Cafe &functions				80,131	80,131	82,386
Car	park income			17,957	17,957	7,454
Shop sales				17,630	17,630	25,980
Insurance		claim		3,742	3,742	18,339
				227,239	227,239	221,285
5	Investment		income
				Restricted	Total	Total
				funds	2023f	2022
Bank interest				53	53

Costs	oft	rad	ing activities
					Unrestricted
					funds	Restricted	Total	Total
				Note	General	fundsf	2023	2022
Costs ofgoods sold					41,575		41,575	36,320
Staff costs					84,301		84,301	80,470
Premises costs					15,174		15,174	23,462
Light &heat					32,558		32,558	33,110
Depreciation,		amoitisation
and other similar			costs		7,584	25,621	33,205	31,959
Allocated	support costs			8	63,512		63,512	68,437
					244,704	25,621	270,325	273,758
7 Expenditure			on charitable	activities
					Unrestricted
					funds	Restricted	Total	Total
					General	fun&is	2023	2022
Admissions					215,693	103,132	318,825	351,962
Education	&	exhibitions			21,026	3,816	24,842	15,404
Allocated	suppott costs				88,641		88,641	94,929
Governance					7,950		7,950	7,950
					333,310	106,948	440,258	470,245

Costs oftrad/	ng ac/iv	i/ie	s
						Unrestricted
						funds	Total	Total
				Basis ofallocation		General	2023 f.	2022f
Wages and salaries				Income		35,322	35,322	43,005
Marketing &	advertising			Usagi'/	lncolnc	1,741	1,741	1,295
Licences & equipnient			hire	Usage/	income	3,685	3,685	2,049
Conununications				Usage/	income	2,518	2,518	2,779
General office costs				Income		14,441	14,441	14,850
Legal &professional		fees		Incolnc		1,421	1,421	932
Bank charges	&interest			laconic		3,211	3,211	2,268
Depreciation				Pro rata	direct	1,173	1,173	1,259
						63,512	63,512	68,437
C/tat irab/e ae//vi/ies		expend//nre
						Unrestricted
						funds	Total	Total
				Basis ofallocation		General f.	2023	2022f
Administmtion	&.finance staff			Illcolnc		42,892	42,892	55,100
ivlarketing &	advertising			Usage/	imcolne	3,731	3,731	2,775
Licences &equipment			hire	Usage/	income	7,896	7,896	4,390
Colninunicatlolls				Usage/	income	5,393	5,393	5,952
General expenses (inc insurance)				Income		15,722	15,722	16,171
Legal &professional		fees		Income		5,679	5,679	3,718
Bank charges	&interest			Iilconlc		3,495	3,495	2,472
Depreciation				Pro rata	direct	3,833	3,833	4,351
						88,641	88,641	94,929
Governance	costs
							Unrestricted
							funds	Total
							General	2023
							f.
Audit fees
Audit ofthe financial			statements				7,950	7,950
							7,950	7,950

9 Net incoming/outgoing resources Net incoming/(outgoing) resources for the year include:
	2023f	2022
Audit fees	7,950	7,950
Depreciation offixed assets	152,142	151,404

group during	the	year expressed as full time equivalents	was as follows:
			2023		2022
			No		No
Operational				15		19
Management	and	adniinistration		3		4
				18		23

Group
		Furniture,
	Long leasehold	llttings and	Co inp	uter
	propetty	equipment 8	equipment f		Total
Cost
At I April 2022	9,999,220	4,669,267	67,846		14,736,333
Additions		479,804		849	480,653
At 31March 2023	9,999,220	5,149,071	68,695		15,216,986
Depreciation
At I April 2022	6,018,012	4,628,4 I2	65,013		10,711,437
Charge for the year	134,512	15,930		1,700	152,142
At 31 March 2023	6,152,524	4,644,342	66,713		10,863,579
Net book value
At 31 March 2023	3,846,696	504,729		1,982	4,353,407
At 31 March 2022	3,981,208	40,855		2,833	4,024,896
Ctmiriry
		Furniture,
	Long leasehold	fittings and	Computer
	property	equipnient f	equipment		Totalf
Cost
At I April 2022	9,999,220	4,654,598		64,658	14,718,476
Additions		476,854		850	477,704
At 31 March 2023	9,999,220	5,131,452		65,508	15,196,180
Depreciation
At I April 2022	6,018,012	4,613,744		61,825	10,693,581
Charge for the year	134,512	15,192		1,700	151,404
At 31 Marcli 2023	6,152,524	4,628,936		63,525	10,844,985
Net book value
At 31 March 2023	3,846,696	502,516		1,983	4,351,195
At 31 Mm'ch 2022	3,981,208	40,855		2,833	4,024,896

Group rmd charity
	Chandalier	Total
Cost
At 1 April 2022	79,344	79,344
At 31March 2023	79,344	79,344
Depreciation
At 1 April 2022	79,344	79,344
At 31 March 2023	79,344	79,344
Net book value
At 31 March 2023
At 31 March 2022

		Country	of		Proportion	ofvoting rights	Principal
Undettaking		incorporation		Holding	aud shares	held	activity
					2023	2022
Subsidiary	undertakings
The World ofGlass Enterprises Limited		England	and Wales	Ordinaiy	100%	100%	Museum activities

16 Stock
		Group		Charity
		2023	2022	2023	2022
Stocks		10,992	11,350	2,990	3,000
17 Debtors
		Group		Charity
		2023 f	2022 f	2023	2022 g
Trade debtors		7,150	9,017		1,165
Due fiom group undertakings				20,073	18,937
Prepayments	and accnied income	16,054	20,132	15,854	19,702
Other debtors		3,889	3,598	3,889	3,598
		27,093	32,747	39,816	43,402

			Group		Charity
			2023	2022	2023f	2022
Cash	on	hand	564	583	90	109
Cash	at	bank	383,579	199,893	383,031	199,507
			384,143	200,476	383,121	199,616

				Group		Charity
				2023	2022	2023	2022
Bank loans				19,329	19,196	9,681	9,598
Trade creditors				92,973	23,598	90,016	22,191
Other taxation	and social		security	12,118	4,857	2,853	2,645
Acctuals and defemed		income		38,203	18,605	34,745	15,692
				162,623	66,256	137,295	50,126
20 Creditors:	amounts		falling due after one year
				Group		Charity
				2023f	2022	2023	2022
Bank loans				52,733	72,162	26,753	36,484

Group
			Balance at I	Incoming	Resources	Balance at 31
			April 2022	resources	expended	March 2023
Unrestricted funds
General
General Funds			149,284	498,429	(579,150)	68,563
Restricted funds
Building Fund			3,920,874		(132,569)	3,788,305
Friends ofthe	World ofGlass		10,874	4,518		15,392
Rainford Tmst			2,500			2,500
Cone Restoration			21,389			21,389
Show Seating	Project		26,130			26,130
Re-imagining	Project			488,050		488,050
Godfrey Pilkington		Gallety		149,950		149,950
			3,981,767	642,518	(132,569)	4,491,716
Total funds			4,131,055	1,340,947	~751,719	4,5611,279
			Balance at I	Incoming	Resources	Balance at 31
			April 2021	resources	expended	March 2022
			E
Unrestricted funds
General			211,480	549,238	(611,434)	149,284
Restricted funds			4,111,795	2,541	(132,569)	3,981,767
Total funds			4,323,275	551,779	~744,003	4,131,051

CI6nrily
				Balance at I	Incoming	Resources	Balance at 31
				April 2022	resources	expended	March 2023
Unrestricted funds
General
General	Funds			202,539	339,668	(420,847)	121,360
Restricted	funds
Building	Fund			3,920,874		(132,569)	3,788,305
Friends	ofthe	World ofGlass		10,874	4,518		15,392
Rainford	Trust			2,500			2,500
Cone Restoration				21,389			21,389
Show Seating		Project		26,130			26,130
Re-imagining		Project			488,050		488,050
Godfrey	Pilkington		Gallety		149,950		149,950
				3,981,767	642,538	~132,569	4,491,716
Total funds				4,184,306	982,186	(553,416)	4,613,076
				Balance at I	Incoming	Resources	Balance at 31
				April 2021	resources f	expended	March 2022 f
Unrestricted funds
General				268,998	385,318	(451,777)	202,539
Restricted	funds			4,111,795	2,543	~432.569	3,981,767
Total funds				4,380,793	387,859	~5584, 346	4,184,3136

Group
			Unrestricted		Total funds at
			funds	Restricted	31March
			General f	funds	2023f
Tangible	fixed	assets	115,455	4,237,952	4,353,407
Current	assets		168,464	253,764	422,228
Current Creditors	liabilities over 1 year		(162,623) ~52.7333		(162,623) ~652,733
Total net assets			68,563	4,491,716	4,560,279
			Unrestricted		Total funds at
			funds	Restricted	31March
			General	fundsf	2022
Tangible	fixed	assets	104,022	3,920,874	4,024,896
Cunent	assets		183,681	60,893	244,574
Current Creditors	liabilities over 1 year		(66,257) (72,162)		(66,257) ~72, 162
Total net assets			149,284	3,981,767	4,131,051

Cfliir(IJ'
			Unrestricted		Total funds at
			funds	Restricted	31March
			General	fundsf	2023f
Tangible	fixed	assets	113,243	4,237,952	4,351,195
Fixed asset investments			2		2
Current	assets		172,163	253,764	425,927
Cunent Creditors	liabilities over 1 year		(137,295) ~26,753		(137,295) ~26,753
Total net assets			121,360	4,491,716	4,613,076
			Unrestricted		Total funds at
			funds	Restricted	31March
			General	funds	2022
Tangible	fixed	assets	104,022	3,920,874	4,024,896
Fixed asset investments			2		2
Cunent	assets		185,125	60,893	246,018
Current Creditors	liabilities over 1 year		(50,126) ~36,454		(50,126) ~36,4543
Total net assets			202,539	3,981,767	4,184,306