2023-03-31-accounts

						Page
Trustees Reference and		Administrative Details
Report ofthe	Trustees (including Directors' Report)					2-12
Independent	Auditor's Report					13-15
Consolidated	Statement	of Financial Activities	(including	income and Expenditure	Account)
Consolidated	and Charity	Balance Sheet				17
Consolidated	Cash Flow	Statement
Notes to the	Consolidated	Rnancial Statements				19-31

Registered		Charity Name	Charity Name	Charity Name			UK Storyhouse Limited	UK Storyhouse Limited
Charity Registration			Number;				1121007
Company	Registration			Number:			05541255
Trustees							P M Mearns (Chair) (resigned				18/11/2022)
(in the period		and at the date ofapproval):					D Watson (Chair) (appointed 18/11/2022) S M Leech (Vice Chair) (resigned 18/11/2022)
							CJ Hyndman (Vice Chair)
							N M Adamu
							EBoekesteijn
							L A Burnett
							G A Clifton (resigned	18/11/2022)
							M L Dalton (appoinled		18/11/2022)
							W A Fergus (appointed		18/11/2022)
							JW Grout (appointed	18/11/2022)
							J C I-loward
							A LJones
							S M Jones (appointed		18/11/2022)
							K Kerr (resigned 10/03/2023)
							HSLin
							R A Matchett
							A A Owens (resigned	18/11/2022)
							M Perny (appointed	18/1		1/2022)
							L C Towers (resigned		18/11/2022)
							VVenugopai (appointed			18/1	1/2022)
Principal	and Registered				Office:		Storyhouse Hunter Street
							Chester
							Cheshire
							CH1 2AR
The Charity's		professional		advisors		are as follows:
Auditors:							Champion Accountants			LLP
							2nd Floor Refuge House
							33-37Watergate Row
							Chester
							CH1 2LE
Bankers:							Lloyds Bank pic
							8 Foregate Street
							Chester
							CH1 1XP
							NatWest Bank pic
							33Eastgate Street
							Chester
							CH1 1LG

						2023	2022
				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
			Notes
Income and endowments		from:
Donations and legacies			3	1,751,122	144,571	1,895,693	2,750,249
Charitable activities			4	320,391		320,391	529,372
Other trading activities			5	4,318,484		4,318,484	3,070,469
Other			7	328,433		328,433	88,464
Total income and endowments				6,718,430	144,571	6,863,001	6,438,554
Expenditure on:
Raising funds			8	4,142,219		4,142,219	2,878,283
Charitable activities			9	3,215,192	156,774	3,371,966	2,792,641
Total expenditure				7,357,411	156,774	7,514,185	5,670,924
Met Incomel(expenditure)				(638,981)	(12,203)	(651,184)	767,630
Reconciliation of funds
-Total funds brought	forward			2,078,948	80,325	2,159,273	1,391,643
-Total funds carried	forward		23	1,439,967	68,122	1,508,089	2,159,273

			Group		Charity	Charity
			2023	2022	2023	2022
		Notes
Fixed assets
Tangible assets		14	186,858	208,161	186,858	208,161
Investments		15			2	2
			186,858	208,161	186,860	208,163
Current assets
Stocks		16	16310	12770
Debtors		17	1,001,020	402, 382	419,395	194,123
Cash at bank	and in hand		2,241,292	3,327,018	2,227,545	3,301,483
			3,258,622	3,742,170	2,646,940	3,495,606
Liabilities
Amounts falling due within one year		18	(1,937,390)	(1,791,058)	(1,325,712)	(1,544,497)
Net current	assets		1,321,232	1,951,112	1,321,228	1,951,109
Net assets			1,508,090	2,159,273	1,508,088	2,159,272
The funds	ofthe charity:
Restricted income funds		20	68,122	80,325	68,122	80,325
Unrestricted	funds:
- General fund		21	1,255,025	1,545,703	1,255,023	1,545,702
- Designated	fund	22	184,943	533,245	184,943	533,245
Total funds		23	1,508,090	2,159,273	1,508,088	2,159,272

					Note	2023	2022
						f.	F
Net Cashfiow from oper		ating activities			25	(1,362,315)	1,232,318
Tax received						328,434	222,005
Cashfiow	from investing	activities
Payments	to acquire tangible		fixed assets			(51,845)	(33,214)
Net Cashfiow from investing			activities			(51,845)	(33,214)
Net increase in cash and cash equivalents						(1,085,726)	1,421,109
Cash and	cash equivalents	at	beginning	ofyear		3,327,018	1,905,909
Cash and	cash equivalents	at	the end of	the year		2,241,292	3,327,018
Cash and	cash equivalents		consist of:
Cash at bank and in hand						2,241,292	3,327,018
Shoit term	deposits
Cash and	cash equivalent	at the end ofthe year				2,241,292	3,327,018

Financial performance	Financial performance	Financial performance	Financial performance	ofthe ch	ofthe ch	ofthe ch	ofthe ch	arity	arity
The consolidated statemeni				of financial				activities		includes	the resuits	of the charity's		wholly owned	subsidiaries,
Storyhouse Catering		Company			Limited			and	Storyhouse		Production	Company	Limited. The summary financial
performance	ofthe charity			alone	is:-
														31 March	31 Nlarch
														2023	2022
income														1,887,651	3,191,157
Theatre Tax	Relief													328,433	88,464
GiA aid from	Storyhouse		Catering			Company			Limited					504,698	244,097
Gift aid from	Storyhouse		Production				Company			Limited
														2,720,782	3,523,718
Expenditure	on charitable			activities										3,371,966	2,792,640
Surplus/(Deficit) for the				year										~{651,154	731,678
Total funds	brought	forward												2,159,272	1,428,194
Total funds	carried	forward												1,508,088	2,159,272
Represented	by:
Unrestricted	funds													1,439,966	2,078,947
Restricted funds														68,122	80,325
														1,508,088	2,159,272

ncome fro	m don	ations and legacies
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Funds	Funds	2023	2022
Funding
Members &	Private	Giving	262,267		262,267	236,905
Sponsorship	Income		97,500		97,500	77,500
Trusts and Foundations			26,750	133,900	160,650	190,900
Project Funding			33,980	10,671	44,651	73,402
Grants receivable
Arts Council	England		228,015		228,015	228,015
Cheshire West and		Chester Council	1,102,610		1,102,610	1,167,610
Government	Grants					775,917
			1,751,122	144,571	1,895,693	2,750,249

incom	ing	reso	urc	es	from	cha	r	itable activities
									Unrestricted	Total Funds	Unrestricted
									Funds		Funds
									2023	2023	2022
									E	E	E
Library	operation				Project				23,852	23,852	17,707
Engagement					Project				81,376	81,376	118,253
Ticketing					Project				100,780	100,780	392,832
Other	income				Funding			and administration	114,384	114,384	580
									320,391	320,391	529,372
Other	trading		activities
									Unrestricted	Total Funds	Unrestricted
									Funds		Funds
									2023	2023	2022
									E	E	E
Storyhouse		Production			Company		Limiled		1,252, 096	1,252,096	916,710
Stoiyhouse		Catering		Company		Limited			3,066,388	3,066,388	2,153,759
									4,318,484	4,318,484	3,070,469

									31 March	31 March
									2023	2022
									'E	K
Turnover									3,066,388	2,153,759
Cost ofsales									2,512,672	1,815,330
Administration	expenses								49,0T8	57,779
(Loss)!Profit	before			taxation		and	for	the
financial year									504,698	280,650
Amount gilt aided		to the		charity					504,698	244,097
Retained earnings			brought		forward		and carried forward
Current assets									847,422	734,289
Current liabilities									847,421	734,288
Net current assets
Called up share	capital
Retained earnings

	31 March	31 March
	2023	2022
		F
Tumor	1,252,096	916,710
Cost ofsales	1,560,990	993,534
Administration expenses	19,539	11,640
Loss before taxation	(328,433)	~88,464)
Corporation tax credit (Theatre tax relict)	328,433	88 464
Profit for the financial year
Current assets	562,470	196,408
Current liabilities	562,469	196,407
Net current assets
Called up share capital
Retained earnings

Other	inco	me
			Unre	stricted	Total Funds	Unrestricted
				Funds		Funds
				2023	2023	2022
						F
Theatre	tax	relief		328,433	328,433	88,464
				328,433	328,433	88,464

8	Costs of	Costs of	raising funds	raising funds	raising funds
								Unrestricted	Total Funds Total Funds
								Funds		2023	2022
									'E
	Storyhouse		Production		Company		Limited	1,580,529		1,580,529	1,005,174
	Storyhouse		Catering	Company		Umited		2,561,690		2,561,690	1,873,109
								4,142,219		4,142,219	2,878,283
9	Costs	of	Charitable		Activities		by Activity Type
							Direct	Support Governance		Total Funds	Total Funds
							Costs	Costs	Costs	2023	2022
	Charitable		activites				2,329,180			2,329,180	2,020,973
	Management							814,521		814,521	544,293
	Finance							95,352	14,000	109,352	91,627
	8uilding	overheads						118,914		118,914	135,748
							2,329,180	1,028,787	14,000	3,371,966	2,792,641

Net income/(expendit	ure) for the year
		2023	2022
		E	F
This is stated after charging:
Depreciation		73,148	161,256
Auditors remuneration
-Audit ofthe ftnancial	statements	14,300	13,000
- Accountancy services
Operating lease costs:
- Land and buildings		36,900	36,600
—Motor mhicle		3,660	3,660
-Copier		2,692	2,692

	Group	Charity	Group	Charity
	2023	2023	2022	2022
	E	E		E
Wages and salaries	2,271,932	1,405,841	1,885,684	1,253,907
Social security costs	195,730	165,663	157,773	138,435
Pension costs	74,099	61,265	62,202	52,787
	2,541,761	1,632,769	2,105,659	1,445,129

The average number ofstaff	employed duri	ng the year	was 142,analysed by function as follows:
			2023	2022
			Number	Number
Project			8	10
Head otfice			17	14
Kitchen			6	8
Marketing			7	5
Production			9	6
Cinema			4	4
Touring			2
Trading
Casual staff			88	73
			142	121
During the year the number	ofemployees	who earned	more than E60,000was as follows.
			2023	2022
			Number	Number
E60,000 - E70,000
E70,000 —E80,000
E80,000 —E90,000
E90,000 —E100,000

14	Tangible Fixed Assets	Tangible Fixed Assets	Tangible Fixed Assets
	Group and Ciarity
				Fixtures and	Motor	Computer
				fittings	vehicles	Equipment	Tota I
				f	E	E	E
	Cost
	At 1 April 2022			898,518	14,328	193,740	1,106,586
	Additions			41,891		9,954	51,845
	At 31 March	2023		940,409	14,328	203,694	1,158,431
	Depreciation
	At 1 April 2022			694,868	14,328	189,229	898,425
	Charge for year			69,549		3,599	73,148
	At 31 March	2023		764,417	14,328	192,828	971,573
	Net Book Value
	At 31 March	2023		175,992		10,866	186,858
	At 31 March	2022		203,650		4,511	208,161
15	Investments
				Group		Charity
				2023	2022	2023	2022
				E	E	E	E
	lwestments	in subsidiaries
16	Stocks
				Group		Charity
				2023f	2022	2023 E	2022 E
	Stock			16,310	12,770
17	Debtors: Amounts		falling due within one year
				Group		Cha rity
				2023	2022	2023	2022
				E			E
	Amounts owed by group undertakings
	Income tax recoverable			494,219	116,484
	Trade debtors			257,791	119,496	250,446	111,780
	Other debtors			32,958	40,300	32,958	40,300
	Prepayments	and accrued income		216,052	126,102	135,991	42,043
				1,001,020	402,382	419,395	194,123

		Group		Charity
		2023	2022	2023	2022
Trade creditors		198,779	273,080	171,272	247,062
Amounts	owed to group undertakings			274,679	503,274
PAYE and Social Security		40,390	42,305	40,390	42,305
PAT		111,518	51,684	111,518	51,684
Other creditors		81,147	45,779	80,910	45,779
Accruals	and deferred income	1,505,556	1,378,210	646,943	654,393
		1,937,390	1,791,058	1,325,712	1,544,497
Deferred income		F
Deferred	income at 1 April 2022	308,068
Utilised	in year	(308,068)
Received	in year	355,571
Deferred	income at 31 March 2023	355,571

	2023f	2022 E
Within one year	30,980	30,752
8etween one and firn years	32,403	19,550
	63,383	50,302

20	Restricted	Funds
	Group and	Charity		t3atance at			Salance at
				1 April	incoming	Outgoing	31 March
				2022	Resources	Resources	2023
				E		E
	Youth Projects			80,325	133,900	146,103	68,122
	Community	Festival	Funding		10,671	10,671
				80,325	144,571	156,774	68,122

	Group and Charity	Group and Charity		Balance at		Balance at	Balance at
				1 April	Incoming	Outgoing 3'I	March
				2021	Resource s	Resources	2022
	Youth projects			42,421	143,950	106,046	80,325
	Festivai funding				22,000	22,000
				42,421	165,950	128,046	80,325
21	Unrestricted Funds		- General
					Group	Charity
					General	General
					Funds	Funds
	As at 1 April 2022				1,545,703	1,545,702
	Incoming	resources			6,718,430	2,576,211
	Outgoing	resources			(7,009,108)	(2,866,890)
	Transfer to designated		funds
	As at 31	March 2023			1,255,025	1,255,023
					Group	Charity
					General	General
					Funds	Funds
					K	f
	As at 1 April 2021				1,055,250	1,091,801
	Incoming	resources			6,272,604	3,357,768
	Outgoing	resources			(5,542, 878)	(2,664,594)
	Transfer	to designated	funds		(239,273)	(239,273)
	As at 31	March 2022			1,545,703	1,545,702
22	Unrestricted Funds		- Designated
					Group	Charity
					Designate d	Designated
					Funds	Funds
	As at 1 April 2022				533,245	533,245
	Incoming	resources
	Outgoing	resources			(348,302)	(348,302)
	As at 31 March 2023				184,943	184,943

		Group	Charity
		Designated	Designated
		Funds	Funds
		f.
As at 1 April 2021		293,972	293,972
Incoming	resources	319,288	319,288
Outgoing	resources	(80,015)	(80,015)
As at 31	March 2022	533,245	533,245

Analysis o	fGroup Net Assets B	etween Funds
				Total
		Tangible	Net Curre nt	31 March
		Fixed Assets	Assets	2023
		f	f	f
Restricted	Funds		68,122	68,122
Unrestricted	Funds
General Funds		186,858	1,068,167	1,255,025
Designated	Funds		184,943	184,943
Total Funds		186,858	1,321,232	1,508,090
				Total
		Tangible	Net Current	31 March
		Fixed Assets	Assets	2022
Restricted	Funds		80,325	80,325
Unrestricted	Funds
General Funds		208,161	1,337,542	1,545,703
Designated	Funds		533,245	533,245
Total Funds		208,161	1,951,112	2,159,273

25	Reconciliation of group net	income resources	to net cash inflow	from group oper	ations
				2023	2022
	Net Incoming resources			(651,184)	767,630
	Theatre tax relief			(328,433)	(88,464)
	Depreciation offixed assets			73,148	161,256
	Decrease/(increase) in stock			(3,540)	(3,340)
	(increase)/decrease in debtors			(598,638)	(125,191)
	Increase/(decrease) in creditors			146,332	520,427
	Net cash inflow from operating	activities		(1,362,315)	1,232,318
26	Analysis ofchanges in net	funds
			1 April		31 March
			2022	Cash Flows	2023
			F	F.	'E
	Cash at bank and in hand		3,327,018	(1,085,726)	2,241,292