2023-03-31-accounts

Trustees		A FAppleton-Mitchell
		M 7Corfleld
		M Banner
		L M Harrison
		D CSimons
		R K Welsh
		J LWilkie
Charity number		1151203
Company	number	07974406
Registered	office	Pyramid Arts Centre
		Palmyra Square South
		Warrington
		Cheshire
		WA1 1BL
Auditor		Mitchell Charlesworth	(Audit) Limited
		3rd Floor
		5Temple Square
		Temple Street
		Liverpool
		Merseyside
		L2 SRH
Bankers		National Westminster	Bank pic
		23 Sankey Street
		Warrington
		Cheshire
		WA1 1XG
Solicitors		Mills gr Reeve LLP
		Bth Floor
		1New York Street
		Manchester
		M1 4AD

			Page
Chairman's	statement		1-2
Trustees'	report		3 - 13
Independent auditor's		report	14-17
Statement	offinancial	activities	18
Ba Iance sheet			19
Statement	ofcash flows		20
Notes to	the financial	statements	21-37

					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
					2023	2023	2023	2022	2022	2022
			Notes			E	E	E	E	E
Income from:
Donations and	legacies		3					312,593		312,593
Charitable activities			4		2,913,221		2,913,221	2,651,223	85,549	2,736,772
Investments					9,995		9,995	206		206
Totallncome					2,923,216		2,923,216	2,964,022	85,549	3,049,571
Charitable activities			6		3,305,600	12,363	3,317,963	2,761,567	62,883	2,824,450
Net (outgoing)/incoming
resources before		transfers			(382,384)	(12,363)	(394,747)	202,455	22,666	225,121
6ross transfers
between funds					(217)	217		(21,893)	21,893
Net (expenditure)/income				for
the year/
Net (outgoing)/incoming
resources					(3S2,601)	(12,146)	(394,747)	180,562	44,559	225,121
Other recognised		gains	and	losses
Actuarial gain on
defined benefit
pension schemes					2,273,742		2,273,742	981,000		981,000
Net movement	in funds				1,891,141	(12,146)	1,878,995	1,161,562	44,559	1,206,121
Fund balances	at	1April	2022		1,263,653	94,358	1,358,011	102,091	49,799	151,890
Fund balances	at	31March
2023					3,154,794	82,212	3,237,006	1,263,653	94,358	1,358,011

				2023		2022
			Notes	8		6
Fixed assets
Tangible assets					121,459		112,122
Current assets
Stocks			12	17,714		10,269
Debtors			13	117,121		171,505
Cash at bank and in	hand			2,175,704		2,089,588
				2,310,539		2,271,362
Creditors: amounts	falling due within one
year			14	(1,117,992)		(1,010,473)
Net current assets					1,192,547		1,260,889
Total assets less current		liabilities			1,314,006		1,373,011
Net assets excluding	pension surplus/(deficit)				1,314,006		1,373,011
Defined benefit pension		surplus/(deficit)	15		1,923,000		(15,000)
Net assets					3,237,006		1,358,011
Income funds
Restricted funds			16		82,212		94,358
Unrestricted funds
Designated funds			17	15,452		14,711
General unrestricted	funds			1,216,342		1,263,942
Pension reserve				1,923,000		(15,000)
					3,154,794		1,263,653
					3,237,006		1,358,011

					2023		2022
				Notes			6
Cash flows from operating		activities
Cash generated from operations				21		110,154		510,514
Investing	activities
Purchase	oftangible fixed	assets			(34,033)		(20,577)
Interest	received				9,995		206
Net cash	used in investing	activities				(24,038)		(20,371.)
Net cash	used in financing	activities
Net increase in cash and cash equivalents						86,116		490,143
Cash and	cash equivalents	at beginning	ofyear			2,089,588		1,599,445
Cash and cash equivalents		at end ofyear				2,175,704		2,089,588

				Total	Unrestricted
					funds
				2023	2022
				0	f
Coronavirus	Job Retention		Scheme Grants		119,203
Other Covid-19 support		grants			193,390
					312,593

		Cultural	Museum	Venue &events	Total	Tote I
		ense&ament		management	2023	2022
			s	s
Museum and	Art gallery	7,819	4,146	116	12,081	1,615
Pyramid and	Parr hall	3,454		1,323,534	1,326,988	1,100,659
Facility hire				181,520	181,520	156,181
Culture engagement		1,412	879	7,011	9,302	26,973
Commissions		61,824	575	(2,500)	59,899	127,920
Education		14,416			14,416	14,409
Management	fee	1,309,015			1,309,015	1,309,015
		1,397,940	5,600	1,509,681	2,913,221	2,736,772
Analysis by fund
Unrestricted	funds	1,397,940	5,600	1,509,681	2,913,221
Forthe year	ended 31March 2022
Unrestricted	funds	1,399,635	1,133	1,250,455		2,651,223
Restricted funds		73,007	42	12,500		85,549
		1,472,642	1,175	1,262,955		2,736,772

Unrestricted	Unrestricted
funds	funds
2023	2022
E	6
9,995	206

				Cultural	Museum	Venue and	Total	Cultural	Mltmum	venue and	Total
				evmlts		Events	2023	4 ants		Evenm	2022
						Management				Management
				2023	2023	2023		2022	2022	20M
				6	E			E	6	E
Staff sorts				148,847	137,722	358,721	645,290	151,754	1D4,569	Z63,23D	519353
Depreoation end		mpa	rment	3.553	1,559	18346	23,458	3,959	1,559		23328
Premises expenditure				345	415	591,931	592,691	614	432	325.826	3262LTZ
Artists and	event	fees		51,113	3,067	601,349	655329	88,511	759	545,180	634,450
Spectrlx charges						31,877	31,377			19,066	19,066
Telephone	and comp		te	76		12,082	12,158			6,869	6,869
Printing and stationery				638		501	1,139	695		139	834
Advertising				10		(7D)	(60I	1,000		11	1,011
5 rdde				1,989	93,749	6,742	202,430	2,133	95+30	8,109	105,772
Purchases	and stocks			3,116	(1,975)	115,719	116,860			76,~61	76,461
Legal costs				30		41,226	41,256	3,133		34,267	37,4tnl
Motor, travel and		entertainment		1563	22	1,407	2,992	324		1,652	LATE
Equ pment	h re			140		13+53	13,693	285		12,D13	12298
lrltalast						29,369	29369			19,964	19/64
Carried forward				211,4ZO	Z34,559	1,812,753	2,268,732	252,408	202,849	1,328,587	1,783,844

6	Charitable	Charitable	actlvldes								(Contlnuedf
				Cultural	Museum	Venue and	Total	Cultural	Museum	Venue and	Total
				avahts		Evahts	2023	avahts		Evarrts	2022
						Mahagemeht				Management
				2023	2023	2023		2022	2022	2022
				E	E	6		6	6	6
	Broughtfohvard			211,420	234,559	1,822,753	2,268,732	252,408	202,849	1,328,587	1,783,844
	Sham of	support costs (see note 7)		216,085	202,171	606,608	1,024,864	280,238	199,550	537,889	1,017,676
	Shen of	go	emsnce cmts (see note 7)	5,803	5,381	13,183	24,367	6,919	4,777	11,234	22,930
				433,308	442,111	2,442A44	3,317,963	539366	407,176	1,877,709	2,824,450
	analysis	by lund
	Unrestricted		funds	~33,308	441,011	2,431,281	3,305,600	484,834	407,176	1,869,557	2,761,567
	hestrlcted	funds			1,100	11,263	12,363	54,731		8,152	62,883
				433,308	442,111	2,442,544	3,317,963	539/65	407,176	1,877,709	2,824,450

Support costs
		Support costs	Governance	2023	2022	Basis ofallocation
			costs
Staff costs		543,069		543,069	537,793	Time spent
Depreciation		1,239		1,239	584
Advertising and literature		49,534		49,534	31,403	Charitable	activity levels
Professional fees		157,449		157,449	181,176	Operational	staff costs
Telephone and computer		65,241		65,241	64,292	Device numbers
Other centralsupport	costs	58,978		58,978	68,852	Operational	staff costs
Irrecoverable VAT		144,354		144,354	116,576	Charitable	activity levels
Net interest cost on defined
benefit pension scheme		5,000		5,000	17,000
Audit fees			9,583	9,583	8,146	Governance
Legal and professional			14,784	14,784	14,784	Governance
		1,024,864	24,367	1,049,231	1,040,606
Analysed between
Charitable activities		1,024,864	24,367	1,049,231	1,040,606

The average	monthly number ofemployees during the year w	as:
		2023	2022
		Number	Number
Management	and administration	2	3
Operational	team	53	53
		55	56
Employment	costs	2023	2022
		E	E
Wages and salaries		792,528	668,015
Social security costs		65,831	47,397
Other pension costs		330,000	341,934
		1,188,359	1,057,346

11	Tangible Axed	assets
				Plant and	Fixtures and	computer	Total
				equipment	fittings	equipment
	Cost
	At 1April 2022			144,940	30,299	68,125	243,364
	Additions			26,401	590	7,042	34,033
	Disposals					(43,753)	(43,753)
	At 31March 2023			171,341	30,889	31,414	233,644
	Depreciation	and Impairment
	At 1April 2022			54,969	19,610	56,663	131,242
	Depreciation	charged	in the year	17,195	2,976	4,525	24,696
	Eliminated in	respect	ofdisposals			(43,753)	(43,753)
	At 31March 2023			72,164	22,586	17,435	112,185
	Carrying amount
	At 31March 2023			99,177	8,303	13,979	121,459
	At 31March 2022			89,971	10,689	11,462	112,122
12	Stocks
						2023	2022
	Raw materials	and consumables				17,714	10,269
13	Debtors
						2023	2022
	Amounts falling due		within one year:			E	E
	Trade debtors					62,449	126,562
	Prepayments	and accrued income				54,672	44,943
						117,121	171,505

		2023	2022
		E	6
Other taxation and social security		47,469	27,534
Trade creditors		197,904	225,793
Other creditors		26,769	44,128
Accruals and deferred	income	845,850	713,018
		1,117,992	1,010,473

Key assumptions
		2023	2022
		ss
Discount rate		4.75	2.75
Expected rate ofIncrease of pensions	in payment	2.95	3.15
Expected rate ofsalary increases		3.65	3.85

The assu	med life expectations on retirement at age 65are	.
		2023	2022
		Years	Years
Retiring	today
- Males		20.9	21.2
- Females		24.8	23.8
Retiring	in 20years
- Males		21	22.1
- Females		25.4	25.5

15	Retirement benefit schemes	Retirement benefit schemes					(Continued)
	Amounts recognised in the profit and loss account;
						2023	2022
						6	E
	Current service cost					330,000	311,000
	Net interest on defined	benefit liability/(asset)				5,000	17,000
	Other costs and income						7,000
	Total costs					335,000	335,000
	Amounts taken to other	comprehensive	income;
						2023	2022
						E	E
	Actual return on scheme	assets				593,000	(426,000)
	Less: calculated interest	element				173,000	121,000
	Return on scheme assets excluding interest income					766,000	(305,000)
	Actuarial changes related to obligations					(3,039,000)	(676,000)
	The amounts included	in the balance	sheet arising from the charity's	obligations	in
	respect of defined benefit plans are as		follows:
						2023	2022
						6	E
	Present value of defined	benefit obligations				3,757,000	6,314,000
	Fair value of plan assets					(5,680,000)	(6,299,000)
	(Surplus)/deficit in scheme					(1,923,000)	15,000
	Movements in the present value of defined benefit obligations:
							2023
							E
	Liabilities at 1April 2022						6,314,000
	Current service cost						330,000
	Benefits paid						(71,000)
	Contributions from scheme members						45,000
	Actuarial gains and losses						(3,039,000)
	interest cost						178,000
	At 31March 2023						3,757,000

15	Retirement	benefit schemes	benefit schemes				(Continued)
	Movements	in	the fair value of plan assets:
							2023
							E
	Fair value of	assets at 1April 2022					6,299,000
	Interestincome						173,000
	Return on plan		assets (excluding amounts	included		in net interest)	(766,000)
	Benefits paid						(71,000)
	Contributions		by scheme members				45,000
	At 31March	2023					5,680,000
	The fair value		of plan assets at the reporting		period	end was as follows:

The fair value of plan assets at the reporting period end	was as follows:
	2023	2022
	E	E
Equity instruments	2,727,000	2,645,000
Debt instruments	2,045,000	2,583,000
Property	738,000	693,000
Cash	170,000	378,000
	5,680,000	6,299,000

				Movement	ln funds
			8 I	e mmtm			9 h	~t	Dq	d lb		3	I	t
			IApdr 2021				t Apel 1072					31m	d 1413
			6					3						5
N msmadc			1,500					1$00						IAoo
Geobl tr			1,112					1,111						1,111
Ready to borrow			7,599		(1,128)			6,471		(1,128)				5,343
ContamponryAns				28,928	(50,721)	21,893
Weston Loan	Progmmme		1283					1,283						1,283
Colonel Edelsten		Bequest	21,478	47,683	(4,918)		64,243			(6,668)			57,575
Meeting Point			6400					6,50D						6,500
Peter Roge son Bequew			10,000				10,0M			(1,1DD)				8,900
Local Growth	Fund		328	9,039	(6,117)			3,250		(3,467)	217
			49,799	gs,sso	(62,884)	11,893	94,358			(12,363)	217		82,212

				Balance at	Transfers	Balance at	Transfers	Balance at
			1	Aprfl 2021		1April 2022		31Mar«h 2023
						E	E	E
Car	park	fund		14,093	618	14,711	741	15,452
				14,093	618	14,711	741	15,452

18	Analysis of net assets between	funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		2023	2023	2023	2022	2022	2022
		E	E	E	E	E	E
	Fund balances at 31
	March 2023 are
	represented by:
	Tangible assets	58,541	62,918	121,459	38,159	73,963	112,122
	Current assets/(liabilities)	1,173,253	19,294	1,192,547	1,240,494	20,395	1,260,889
	Provisions and
	pensions	1,923,000		1,923,000	(15,000)		(15,000)
		3,154,794	82,212	3,237,006	1,263,653	94,358	1,358,011

2023	2022
E	E
	3,662

21	Cash generated from operations				2023	2022
					6	6
	Surplus for the year				(394,747)	225,121
	Ad)ustments for:
	Finance lease interest
	Investment income recognised in statement		offinancial	activities	(9,995)	(206)
	Depreciation and impairment oftangible	fixed assets			24,697	21,902
	Difference between pension charge and	cash	contributions		335,742	335,000
	Movements in working capital:
	(Increase)in stocks				(7,445)	(9,210)
	Decrease/(increase)In debtors				54,383	(36,415)
	Increase/(decrease)in creditors				107,519	(25,678)
	Cash generated from operations				110,154	510,514
22	Analysis ofchanges in net funds
	The charity had no debt during the year.