Charity régistratlon number 1151203
Company reglstration number 07974406 (England and Wales)
CULTURE WARRINGTON
ANNUAL REPORT AND FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 MARCH 2024

CULTURE WARRINGTON
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
A F Appleton-mitchell
M T Corfield
M B3nner
L M Harrison
D Cslmons
J L Wilkie
C Persoglio
C Lloyd-Fitsgerald
(Appointed 6 Novernber 20231
(Appointed 21 May 20241
Charity number
1151203
Company number
07974406
Reglstered offl¢e
Pyramid Arts Centre
Palmyra Square South
Warrington
Cheshire
WAI 18L
Audltor
Mitchell Charlesworth (Audit) Limlted
S Temple Square
Temple Street
Liverpool
L2 5RH
Bankers
National Westminster Bank plc
23 Sankey Street
Warrington
Cheshire
WAI IXG
Solicltors
Mills & Reeve LLP
8th Floor
l New York Street
Manchester
MI 4AD

CULTURE WARRINGTON
CONTENTS
Page
Chairman's statement
Trustee5' report
Independent auditor's report
10-13
Statement of financial activltles
14
Balance sheet
Is
Statement of cash flows
16
Notes to the financial statements
17-31

CULTURE WARRINGTON
CHAIR'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
2023124 was a plvotal year for the charty as we worked towards the separation from our sister company Livewire and
became a standalone organlsatlon in our own right from March 2024 bringlng fantastic opportLtnities for the leading cultural
organisation in Warrington. and the charity continues to thrive.
Addltionally. we welcomed a new Executive Director in November 2023, followlng the departure of our Managing Director
earlier in the year. These significant changes will inform the forthcoming fi¥e-year business plan and our future strateg1¢
d1￿ctIOn and priorities against our charitsble oblective>
Followlng a successful lunding application award to us from Art5 Council England Place Partnership Fund, work toward5 a
future revitallsed annual arts festival commenced, with an element of the substsntial grant supporting a team working with
the community, underrepresented groups. partners and young voices to inform the pro8ramme and dellvery beyond the
festival period.
The receipt ot thls significant Sum is reflected in the surplus on our accounts. In addition, an increase In management fee to
cover central support costs, ongolng vacancies and reduced energy costs are wmbined with a year of successful programmlng
and similarly reflected in the reported surplus.
Of priority in the year was working closely with consultants Herita8e Rescue on an options appraisal for Warrington Museum &
Art Gallery which identified strateElc prlorltles that wlll support Culture Warrington In reflning the museum's purpose and
ensure progresslon towards capitsl development.
Desplte contlnued financlal uncertainties, and the similar pressures faced by our customers, we continue to see substantial
increases In engagement, with 174,299 participonts taking part in our diverse events and programmes across our venues and
throuBh our educatlon and outreach pro8Tamme5. Looking ahead. the upcoming redevelopment of Pyramld Arts Centre is a
malor foclts. The £4.9 mllllon Project from the government's Towns Fund, wlll transform Pyramid into a modern, flexible
cultural hub, enhancin8 its capacity and facllities.
It 15 my belief that the last year has been significant in our development as a standalone company. Cultural activltles play an
Important part in the life of the people of Warrin8ton.
To our Board of Trustees, colleagues, volunteers, Warrington Borough Councll, partners, funders and all our supporters, my
thanks. Together we will continue to offer a diverse programme of cultural activities.
Enjoy thls Annual Report, tO8ether we a￿ well placed to continue our exciting iourney.
M Banner
Chair
Dated,. 10 December 2024

CULTURE WARRINGTON
TRU5TEE5' REPORT (INCLUDING DIREcfoRS' REPORT)
FOR niE YEAR ENDED 31 MARCH2024
The trustees present thelr report and accounts for the year ended 31 March 2024.
The accounts have been prepared in accordance with the accounting policies Set out in note I to the accounts and comply
with the charity'5 governing document. the Companies Act 2006 and 'Accounting and Reporting by Charitie5: Statement of
Recommended Practice applicable to charitles p￿ParIng their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 102)" {as amended for accounting periods commencing from I
January 20161.
Public benefft
The trustees have paid due regard to guidanee issued by the Charlty Commission in decidin8 what activities the charity
should undertake.
Objertlves and activities
The objectives of the charlty, as Set out in the Articles of Association are:
To advance education of and promote the arts. culture. heritage and s¢lence, in particular through providing and
maintaining a museum, art gallery and concert hall:
To promote communlty partlclpatlon in healthy recreatlon In particular by the provislon of facillties for the playlng of
amateur sport,.
The provlslon of or asslstance in the provision of facilities for iecreation or other leisure tlme occupation in the
interest of social welfare such facilities being provided to the public at large save that special facillties may be
provided to persons who by reason of their youth, age, infirmity or disability. poverty or social or economic
¢lrcumstances may have need of special facilities and services.
Culture Warringion was formed in May 2012 as the lead organisation to deliver Arts, Heritage and Event5 in Warrington,
and encompa55es three venues, Pyrarnld. Parr Hall and Warrlngton Museum & Art Gallery. As well as operating these
venues Culture Warrington programmes a wide range ot events and festival5.
Culture Warrington operates the Museum. Pyramld and Parr Hall on 25 year lease5 from Warrington 8orough Council at a
peppercorn rent as part ot the management agreement to deliver service5. It Is impractical to assign a separate rental value
to the building5.

CULTURE WARRINGTON
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Highlights of our work
Pyramld and Parr Hall Programming..
We hosted a diverse range of events throughout the year, including performances from renowned and acclaimed artist5
including 8en Fogle, Frankie Boyle, Gabrlelle, Jake Bug& Jimmy Carr, Paul Smith. sarah Millican. Seann Walsh, Shed 7.
5tarsailor and Tom Allen.
We continued our long-running partnership with The Comedy Store with a series of sell-out Comedy Store events at
Pyiamid.
Our much-loved annual pantomime kick-started 2024 with the age-old tsle of 'Jack and the Bean5talk', which achieved
strong ticket sales and received excellent feedback from attendees.
We diversified our programming offer with a hu8ely successful sell-out show. ADHD The Musical, which explored the hl8hs
and lows of living wlth the most common neuro.development disorder worldwide. to crltical acclalm. Autism and Sea wa5
another well-received family-frlendly productlon, and we were hOnou￿d that the production team Chose to develop and
hearse the performance in our venue due to both our accessibility and welcoming environrnent.
Grass Roots Muslc
The Grass Roots Muslc programme continued to flourish. with local performances taklng place In Pyramld's basement,
culminating in Warrington Music Festival. Emerglng and establlshed local bands such as The Ambersons, Faitsanger,
Parlours and The Odeens to name but a few took part to acclaim.
The programme supports emerging talent and provides valuable performance opportunitles culmlnatin8 in Warrington
Music Festival, which offers a significant platform for local artlsts.
Museum and Art Gallery.
The Museum and Art Gallery has been bustling with activityi creativity. and community enga8ement. From lively
'Crafternoons' to impactful exhibitions, we've seen a year full of vibrant programmes and meaningful interactions.
Exhibitions
The Andie Airfix exhibition was a standout, showcaslng the celebrated Warrin8ton born graphic designer known for h15
Iconlc album covers for worldwide names such as Metallica and Paul M¢Cartney and offered a unique Elimpse into his
innovative approach to visual branding and art.
Pete ReBan also made a significant Impart wlth his thought-provoking installation of Al-8enerated artwork. Regan's work
explored the intersection of technoloBY and creativity. challenging perceptions and sparkin8 conversations about the role
of artificial intelligence in the artistic process.
Winner of the 2022 Warrlngton Open. Lasrna Poisa provided an intirnate portrayal of motherhood through her striking
photography series, "l Became a Mother..
These exhlbition5 not only celebrated exceptional art15tic achievements but also encouraged visitors to en8aBe with
contemporary Issues and ideas.
Crafternoons & Holiday Activities
Our family friendly craft activity sessions hève been a great success, with a total of 1,708 attendees throughout the year,
showcasing our ability to engage families durin8 school breaks and weekends.

CULTURE WARRINGTON
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIREcfoRS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Our commitment to acce55ibility and inclusivity is reflected in our postcode data. 22% of attendees came from the O-l0%
m05t deprived areas nationally. with a further 14% from the I￿20% most deprived areas. illustratinB our reach into
underseNed communities.
Collections, Heritage. and Archives:
Online enquiries have surged, reftecting a shift towards remote research whlch we continue to adapt to. We respond to
thousands of enquiries on our collections and add hundreds of documénts to our archive every year, ensuring Warrington's
history is preserved for future generations, and we are working with Cheshire Record Office to ensure that the people of
Warrlngton have better access than ever to their records.
Archives has seen a significant increase in volunteer engagernent. and they have been instrumental in indexlng and
cotalogulng histori￿1 records and di8ltlslng our herbarium. In August of 2023, the Archlves Team held its flrst Annual
Volunteer Tea, volunteer5 past and present 8Ot together for Afternoon Tea with our Chair, Maureen 8anner.
Under the theme 'c￿atIVitY Unwrapped., our Collections Team hosted 31 events over the nationwide Herltsge Open Days
fortnight with over 4.700 partlclpants.
Education Pro8ramme
Our formal educational programme has continued to grow. and we welcomed new home education group5 to our school
workshop offer, promoting use of publlc transport for visits. refle¢tin8 our approach to SUStainability and cost saving.
Our CPD offer was robust, with a second cohort of Historicschools CPD In partnership with Hlstorl¢ England.
We delivered a pllot course for adults with severe to moderate mental health Issues focu5in8 on nature and wellbeing that
we hope to contlnue.
Archives has continued to work c105ely with Educatlon to create children's workshops and teacher trainin8 5esslons, with a
number ol bespoke le8acy projects such as Old Billy. celebrating the world's oldest horse, and a tailor-made scheme of
work'william Smithies,, helplng to ensure that Local History reaches a younger audlence.
Outreach & Warrington Contemporary Arts Festlval
The charlty's outreach and community engagement progfammes took the breadth of our offer across the town, and we
continue to develop a network of grassroots organisations to inform community-driven events.
Our partnership with Wired Aerlal Theatre on the merstal health production Me v Me was a key achievement, with
associated workshops for 236 participants that led to a reported 97% increase in wellbeing. The production itself drew 350
attendees who noted its innovative approach.
We also playecl a slgnificant role in the Warrington Weekend Wonderland event, providing an Immersive installation and
our annual Christmas projection on the Town Hall, collaborating with local artists and students.
Our new membership of Without Walls Creative Development Network has expanded our outdoor arts programme, while
our Place Shaping through Creativity project with CVAN (Contemporary Wisual Arts Network) underscores our commitment
to creative place-making.
Our outrea¢h delivery has included connecting with previously underrepresented groups. Consultatlon with the Hong Kong
community and LGBTQ+ organisations have fostered deeper cultural understanding and led to collaborative arbd ongoing
programming.

CULTURE WARRINGTON
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
We engaged with 300 young people through CODSultstions with schools and youth organisations and launched our Young
Producers programme, with 12 individuals empowered to contribute to our event produrtion. Our early years and SEND
programs, developed with local partners, include sensory dance activities and self-guided museum programmes, ensuring
accesslbllity for all youn8 people.
Our 13th annual arts festival saw an impressive open call for commissions. with 56 proposals submitted. We awarded
£32,950 to 10 new festival commissions, supporting lo¢al creatives and expanding the festlval'5 scope. Our ongoing
commitment to community enÉa8ernent and cultural development continues to enrich the arts scene in Warrington.
Su5talnabillty
The Sky Garden projert continues to grow and attract funding for further development and ha5 t￿bled Sn sizel Monthly
garden 5es5i0n5 Wlth our e¥pandin8 volunteer group have kept our green initiatives growing, whlle work began on a
sustainability policy and actlon plan for the charity. The location supports the education programme and offers an inspiring
outdoor venue space.
Our A¢hi•vements
Number of people who participated in Culture Warrington activities- 152.021*
Number of people who Chose to visit Parr Hall- 65.578
Number of people who participated in activities at Pyramid Arts Centre- 12,703
Number of people who vlsltin8 Pyramid Arts Centre and Parr Hall for some other rea50n- 8,424
Number of people who vlslted Warrington Museum & ArtGallery-39.411
Number of Archlve Search Room visits / information requests- 9.936
Number of people engaged In Culture Warrington's outreach and engagement activitie5- 8,430
Parr Hall hosted 76 events throughout 2023124
Pyramld was hired 416 tlmes for programmed events and dasses
Number of formal educatlon sessions delivered- 183
Number of people en8a8ed in formal education sesslons-4.034
Staff
Number of staff employed by Culture Warrington- 57 ernployees (at end March 20241
Number of volunteer hours 5UPPOrted by Culture Warrington- 1.900
• Figure excluding commisslons

CULTURE WARRINGTON
TRUSTEES, REPORT ¢CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Looking forward
The grant funded redevelopment of Pyramld Arts Centre will upgrade the ¥enue with a revamped Studio Theatre along
with a new café and bar, and increased capacity in the Exhibition Hall. enabling the centre to host a range of perft>rmances
and events simultaneou51y. The remodelling of existing facilities will focu5 on improving visitor experiences and increasing
exhibitlon spaces.
We a￿ set to enhance ¢xJr cultural programming by expandlng the performance calendar at both Pyramid and Pair Hall to
Include a broader spertrum ol local. national, and 5nternation31 artists.
Strengthening community and educational outreach is a key priority. We plan to bulld on the success of our annual arts
festival and extend it5 scope, duration and reath thanks to ACE grant funding whlch will enable us to dedlcate resource to
planning and delivery with the cctmmunlty at its heart.
Flnally, the commitment to sustalnability and environmental responsiblllty Is central to our future plans as we work to
reduce our carbon footprint, integrate energy-efficient practbces. and make better use of recycled materia15. Thls
commitment wlll extend beyond our buildings and into our programming and partnershlp work.
Flnanrial review
In the year ended 31 March 2024 Culture Warrington recorded a surplus of £519.37412023.' deficit of £394.7471 prior to
actuarlal gains from the pension scheme. from Incomlng resource5 of £3,738,14212023: £2.923,2161.
After taking into account the actuarlal gains there was an overall increase in funds from £3.237,006 to £4,071,380 as at 31
March 2024,
The cash position remalns at a healthy level with cash levels being al £2.913.208 as at 31 March 202412023 £2,175,704),
Although 3 deficlt was recorded in 2022123 the stron8 financial position of the charity allowed it to withstand the financial
shocks in that year from increased energy costs and other inflationary pressures. The charity has recorded a surplus in
2023124 but this surplu5 includes £298,461 accounted for as a restricted fund from Place Partnership Fundin8 received
from Arts Council England; the surplus on thls fund will reverse over the next two financial year5 05 this funding is spent on
delivery. Similarlyj the net surplus is to some extent inflated due to the onÉoing staff vacancies in the 2023-24 flnancial
year, wlth a number of p051tion5 remaining unfilled as at 31 March 2024. F4owever, the charity did benefit from a reduction
in energy costs of clrca £120,000. and an increase in ticket sales at Parr Hall and the Pyramid Centre of circa £126.000
resulting from successful events programming. both of which contributed to the improved overall financial performance.
The charity continues to maintain strong reserves and cash.
Culture Warrington previously purchased shared services, including management and support services, frt)m Llvewire
IWarrln8tonl CIC but in March 2024 that arrangement ceased when the services Livewire IWarrin8tonl CIC delivered were
insourced by Warrlngton Borough Council. Culture Warrington has built up an independent central services function and
secured addltional funding to offset the increased fvture costs.
Reserves pollcv
The purpose of the reserves policy for Culture Warrington is to ensure the stability of the ongoing operations of the charity.
The charl￿$ unrestricted reserves are intended to provide an internal source of funds for situation5 such as a sudden
increase in costs, Significant unbudgeted costs. or unanticipated105s in income or funding. The unrestricted reserves may
also be used for investment in infrastructure. The LEnrestricted reserve5 are not intended to replace a permanent loss of
funds but may be vsed to implement actions to deal with the impact of such a loss.
The target minimum unrestricted reserve (excluding reserves relating to the pension scheme) is equal to one month's
average operating costs- currently this would equate to £300,000- and the trustees will seek to maintain reserve5 at this
level. The Trustees will balance the growth in unrestricted reserves to the target level with investTnent into projects which
extend the reach of the cultural offer in Warrington by Splitting any annual surplu5e5 equally between these objectives.

CULTURE WARRINGTON
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIREcfoRS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
structure* governance and management
Culture Warrington Is a charitable company with Articles of Association and governed by a Board of Trustees. Culture
Warrlngton is constituted as a limlted company by guarantee wlthout share capital.
The trustees ère dirertly elected by the Trust. Culture Warrin8ton a8reed with Warrington Borough Council that the Council
is entitled to nominate two obSe￿erS.
The Board of Trustees has met formally six times during the year.
To end February 2024, the Senior Management Team. comprised the Managlng Director, Finance Director. Health and
Wellbeing Oirector, and People Performance and Resources Director, who attended all Board meetings. The Senlor
ManaBement Team were employed by LNeWire Iwarringtonl CIC. and a management support servlces contract was In
place detailing the areas of provision Culture Warrington received from Livewire Iwarringtonl CIC. One trustee was a
member of warringion Cultural Trust and LiveW1￿ Iwarrlngtonl CIC Boards.
From l March 2024, the management support services contract provided by L6veWire Iwarringtonl CIC ceased and Culture
Warrington became a standalone organisation with a new Senior Management Team comprising an Executive Director and
Cultural Director who attend all Board meetings.
Each new trustee attend5 an indurtion day held by the Senlor Management Team. Trustees are presented with a pack of
Information about Culture Warrington and their roles and respon5ibllitles as a trustee; addltional tralning is provided if
requlred.
During the year the Trust continued to largely Suspend the operation of subcommittees of the Board, with all business
beSng carried out by the Board, although the Finance Audit and Rlsk Subcommittee met once durlng the year for a detalled
revlew of the strategic risks affectin8 the charity.
Goln8 con¢ern
The charity has been able to deliver a full proRrèmme of events enabling It to continue to build its reserves. Grant5
recelved from Arts Council EnEland Into restrirted funds will be spent in future period5 and 50 these reserves will reduce
over that tlme. However, an increase in the Management Fee from WarrlnEton Borough Council for 2024125 has been
obtained to support core delivery. Alongside this. eTher8y prices have de¢￿ased bringing them back to a MO￿ sustainable
level.
The Directors have considered the effect on the financial position of the charity and in vlew of the current financial
posltion. and the financial support avallable. the Directors consider it appropriate to prepare a¢¢ounts on a going concern
basis.

CULTURE WARRINGTON
TRUSTEES, REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
The trustees. who are also the diredor5 for the purp05e of company law. and who served during the year were.,
E L Hutchinson
A F Appleton-mltchell
M T Corfield
M Banner
L M Harrlson
D C Simons
R K Welsh
J L Wilkie
C Persoglio
C Lloyd-Fitzgerald
{Resi8ned 9 June 20231
(Resigned 17 September 20241
(Appointed 6 November 20231
(Appointed 21 May 20241
None of the tfustees has any beneflcial interest in the company. All of the t¥ustees are members of the company and
guarantee to contribute £1 in the event of a winding UP.
As part of the arrangements wlth Warrington Borough Council. the Council nominated tsvo observers that attend Board
meeting5. The Council observers during the year were Councillor Claire Lloyd-FitZ8erald and Counclllor Ru55 Bowden.
stjtement ol trustees, r25ponslbllitles
The trustees, who are also the dlrectors of Culture Warrin8ton for the purpose of company law, are responsible for
preparing the Trustees, Report and the accounts in accordance wlth applicable law and United Klngdom Accounting
Standards Iunlted Kln8dom Generally Accepted Accounting PrdCticel-
Company Law requires the trustees to prepare accounts for each financial year whlch give a true and falr view of the stste
of affaSrs of the charity and of the incoming resources and application of ￿$OUrces, including the Income and expenditure,
of the charitable company for that year.
In preparlng these accounts. the trustees are ￿qUIred to:
select sultable accounting politiès and then apply them consistently;
observe the methods and principles In the Chanties SORP.
make judgements and estlmates that are reasonable and prudent;
state whether applicable UK Accountin8 Standards have been followed. subject to any material departures dls¢losed and
explained In the accounts,. and
prepare the accounts on the going concern basis unle55 It is inappropriate to presume that the charity will continue In
operation.
The trustees a￿ responsible for keepin8 adequate accounting records that disclose with reasonable accuracy at any time
the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable step5 for the
prevention and detection of fraud and other irregularitie&

CULTURE WARRINGTON
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Auditor
In accordance wlth the company's article5. a resolution proposing that Mitchell Charlesworth (Auditl Limited be
reappointed as auditor of the tompany will be put at the Annual General Meetin8.
Disclosure of informatlon to auditor
Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but
of which the audltor is unaware. They have further confirmed that they have taken appropriate steps to identify such
relevant informatlon and to establish that the auditor is aware of such Inforfflation.
The tru5tees' report was approved by the Board of Trustees.
M Banner
Trustee
Dated.. 10 December 2024

CULTURE WARRINGTON
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF CULTURE WARRINGTON
Opinion
WÉ have audlted the financial statements of Cvlture Warrington (the 'chariVI for the year ended 31 March 2024 which
comprlse the statement of financial activities. the balance sheet, the statement of cash flow5 and the notes to the financial
statements, includin8 a summary of si8nificant accounting policies. The financlal reporting framework that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, includin8 Financial Reporting Standard 102 The
Financial Reporting Stondord appllcoble in the UK ond Republic of Ireland (United Kingdom Generally Accepted Accountlng
Practice).
lft our oplnlon. the financial ststements:
give a tr¢Je and fair view of the state of the charilable company's affairs as at 31 March 2024 and of its incoming
resources and application of resources. including its income and expenditure. for the year then ended;
have been properly prepared in accordance with United Kingdorn Generally Accepted Accountin8 Prattice,. and
have been prepared In accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with Internatlonal Standards on Auditing IUKI IISAS IUK)} and applicable law. Our
responsibilities under those standards are further described in the Auditor'5 re5ponsiblllties for the audit of the flnanclal
5totements sectlon of our report. We are independent of the charity in accordance with the ethical requirements that are
relevant to our audit of the finan¢lal ststements in the UK. Including the FRC'S Ethical Standard. and we have fulfllled our other
ethlcal respon51bllities in accordance with these requirements. We believe that the audit evidence we have obtained Is
sufficient and appropriate to provide a basis for our oplnlon.
Concluslons relatlng to golng concern
In audltlng the financial 5tatement5, we have concluded that the trustees, use of the goin8 concern basls of accounting in the
preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties ￿latIng to events or conditlons that,
individually or colle¢tlvely, may cast significant doubt on the charity's ability to continue as a going concern for a perlod of at
least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to goin8 concern are described in the relevant
sections of this report.
Other informatlon
The other information comprises the information Included in the annual report other than the financial statements and our
audltor's report thereon. The trustees are responsible for the other information contained within the annual report. Our
opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated
in our report, we do not expre55 any forrn of a55urance conclusion thereon. Our responsibility Is to read the other information
and, in doin8 so, consider whether the other information is materially inconsistent with the finan¢lal statements or our
knowledge obtained In the course of the audit. or otherwise appears to be materially misstated, If we identify Such materlal
inconsistencies or apparent material misststements. we are required to determine whether thi5 gives rise to a material
misstatement in the financial statements themselves. If. based on the work we have performed, we conclude that there is a
materlal misstatement of this other information. we are required to report that tsrt.
We have nothin8 to report in this regard.
Opinions on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the tTUStees' report for the financial year for which the financial statement5 are p￿pared,
which includes the directors, report prepared for the purposes of company law, is consistent with the financial
statements; and
the direttors, report included within the trustees, report has been prepared in accordance with applicable legal
requirements.
10-

CULTURE WARRINGTON
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CULTURE WARRINGTON
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the charity and it5 environment obtained in the course of the audit, we
have not identified material misstatements in the directors. report included within the trustees, report.
We have nothing to report in respett of the following matters in relation to which the Companies Act 2006 requires US to
report to you if, in our opinion:
adequate accountlng records have not been kept. or returns adequate for our audit have not been received from
branches not visited by us,. or
the flnancial statements are not in agreement with the accounting records and returns: or
certain disclosures of trustee5' remuneration speclfied by law are not made; or
we have not recelved all the information and explanations we require for our audit,. or
the trustees were not entitled to prepare the financial ststements in accordance with the small companles reglme and
take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to
prepare a strategic report.
Re5ponslbllltles of irustees
A5 explained more fully in the statement of trustees, responsibilities, the trustees, who are also the dlrectors of the charlty for
the purpose of company law, are responsible for the preparation of the finan¢lal statements and for being satlsfled that they
glve a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of
rinantial statements that are free Irom material misstatement, whether due to fraud or error. In preparing the flnancial
ststements, the trustees are responsible for assessing the charity's ability to contSnue as a going concern. discloslng, as
applicable, matters related to golng concern and using the going concern basis of accounting unless the trustee5 either intend
to liquidate the charitsble company or to cease operation5. or have no reallstic alternative but to do so.
Audltor's respofflslbllltles for the audlt of the flnan¢ial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from materlal
misstatement, whether due to fraud or error. and to bssue an audtt*Jr's rèport that includes our opinion. Reasonable assurance
is a high level of assurance but is not a guarantee that an audit conducted in accordance wlth ISAS IUKI will alway5 detect a
material misstatement when It exists. Misstatements can arise from fraud or error and are considered material if, individually
or In the agBregate, they could ieasonably be experted to influence the economlc decisions of users taken on the basis of
these flnanclal statements.
liregularities, Including fraud. are instances of non-compliance with law5 and regulation5. We design procedures in Ilne wlth
our responsibilitles, outlined above, to detect material misstatements In ￿sPeCt of irregularities, includlng fraud. The extent to
which our procedure5 are capable of detecting irregularitles, including fraud, Is detailed below.
11

CULTURE WARRINGTON
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF CULTURE WARRINGTON
Extent to which the audit was considered capable of detecting irregularities, including fraud
We identify and assess the risks of material mi55tatement of the financial statements. whether due to fraud or error, and then
desi8n and perform audit procedures responsive to those risks. including obtsining audit evidence that Is sufficient and
approprlate to provide a basls for our opinion.
Identifyln8 and assessing potential risks related to irregularities
In Identifying and assessing risks of material misstatement in respect of irregularities. includlng fraud and non-compliance wlth
laws and regulation5. we considered the following:
the nature of the Industry and sector. control environment and buslness performance:
the charity's own assessment of the risks that irregularities may occur either as a result of fraud or error;
the results of our enquiries of management and members of the Board of Trustees of their own identification and
assessment of the risks of [r￿gUlarItieS.
any matters we identified havin8 obtained and ￿vIewed the charity's docurnentation of their pollcles and
procedures relatin8 to:
identlfyln8, evaluatln8 and complying with laws and regulatlons and whether they were aware of any instances of
non-compllance;
detectin8 and respondin8 to the risks of fraud and whether they have knowledge of any actual, suspected or alleged
fraud,. and
the Internal controls established to mitl8ate risks of fraud or non-compliance with laws and regulations; and
the matters discussed amon8 the audit engagement tearn regarding how and where fraud might occur in the
financial stitements and any potent5al indlcators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist wlthin the organisation for
fraud and identified the greatest potential for fraud in the lollowlng areas:
{11 The presentation of the charity's Statement of Financial Attivities. lil) the charity's accountlng policy for revenue recognition
{liil the overstatement of salary and other costs livl the assumptions used in the calculatlon of the valuation of the surplus or
deficit on the defined benefit pension scheme and the movements for the year. In common with all audits under ISA5 IUKI, we
are also requSred to perform specifi¢ procedures to respond to the risk of management override.
We also obtained an understanding of the leg31 and regulatory framework that the charity operates in, focusing on provislons
of those laws and regulations that had a direct effect on the determination of material amount5 and disclosures in the
financial ststements. The key laws and regulations we considered in this context Included the UK Companies Act and the
Statement of Recornrnended Prartice-'Accounting and Reporting by Charities, issued by the joint SORP making body.
In addition, we consldered provisions of other law5 and regulations that do not have a direct effett on the financial statements
but compllance with which may be fundamental to the charlVs abllity to operate or to avold a material penalty. These
included Data Protection Regulations.
12-

CULTURE WARRINGTON
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CULTURE WARRINGTON
Audlt response lo risks identlfled
A5 a result of performing the above, we identified the presentation of the charity's Statement of Financlal Activities. revenue
recognition and overstatement of wages and other costs as the key audit matters related to the potential risk of fraud, The key
audit matters section of our report explains the matters in more detsil and also describes the specific procedure5 we
performed in response to those key audit matters.
In addltlon to the above. our procedures to respond to risks identified included the following:
• reviewing the financial statement disclosures and testing to supporting documentation to assess compliance wlth
relevant laws and regulatlons described above as having a dirert effert on the financial statements;
enquiring of management and members of the Board of Trustee5 concerning actual and potential litlgation and
laims;
perfoming analytical procedures to identify any unusual or unexpected relationships that may indicate rlsks of
material mlsstatement due to fraud;
reading minutes of meetings ot those charged with governance and reviewing correspondence with relevant
authorlties where matter5 identified were signlficant:
In addresslng the risk of fraud throu8h management override of controls, testing the appropriatene55 of journal
entries and other adjustments- assessin8 whether the judgements made In making accountin8 estimates are
Indicative of a potential blas- and evaluatlng the business rationale of any significant transactlons that are unusual or
outside the normal course of business.
We also communicated relevant Identified laws and regulations and potentlal fraud rlsks to all engagement team members
and remained alert to any indications of fraud or non-compliance with laws and regulations thmughout the audit.
A further description of our re5ponslbllltles for the audlt of the financlal statements is located on the Flnancial Reporting
Council's website at: http:Ilwww.frc.or8.uklauditorsrespDnslbllities. This description form5 part of our ouditor'5 report.
Use of our report
This report is made solely to the charitable Company's rnembers. as a body, in accordance with Chapter 3 of Part 16 of the
Companles Act 2006. Our audit work has been undertsken so that we might stste to the charitable company's members those
matters we are required to st3te to thern in an auditors, report and for no other purpose. To the fullest extent permltted by
law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's
member5 a5 a body, for our audit work, for this report. or for the opinions we have formed.
Philip Griffiths (Senlor Statutory Auditor)
for and on behalf of Mltchell Charlesworth IAuditl Limited
10 December 2024
Attountsnts
statutory Auditor
5 Temple Square
Temple Street
Liverpool
L2 5RH
13-

CULTURE WARRINGTON
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Restrlrted
funds
2024
Total
Unre5trirted
funds
2023
Restricted
funds
2023
Total
2024
2023
Notes
Income from:
Charitable activities
Investments
3,252.062
37.590
360.490
3.612.S52
37.590
2.913,221
9.995
2.913,221
9,995
Total Income
3.289.652
360,490
3.650.142
2,923.216
2,923,216
Expendlture on:
Charitable activltle5
3,082,S66
48.202
3.130.768
3,305,600
12,363
3,317,963
Total expendlture
3,082,566
48.202
3,130,768
3.305,600
12,363
3,317,963
Net Incomellexpenditurel
207.086
312.288
519.374
1382,3841
112,3631
1394,7471
Transfers between funds
14.1641
4,164
12171
217
Other recognised gains
and losse5:
Actuarial galns on deflned
benefit penslon schemes
55,000
55,000
350,742
350.742
Net movement In funds
257.922
316,452
574,374
131,8591
112,1461
144,0051
Recon¢lllatlon of funds:
Fund balances at l April 2023
1,231,794
82.212
1,314,006
1.263,653
94.358
1,358,011
Fund balances at 31 Ma￿h 2024
1,489,716
398,664
1.888,380
1,231,794
82,212
1.314,006
The statement of financial activities includes all galns and losses recognlsed In the year. All Income and expendlture derive
from continuing activities.
14-

CULTURE WARRINGTON
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
as restated
Notes
Flxed assets
Tangible assets
Current assets
Stock5
Debtors
Cash at bank and in hand
li
190,565
121,459
12
20,341
144.221
2.913,208
17,714
117,121
2.175,704
13
3.077,770
2,310,539
Creditors: amounts fallin8 due wfthln one
year
14
11.379,9551
11,117.9921
Net current assets
1,697,81S
1,192,547
Total assets less current Ilabilities
1,888,380
1.314,006
Net assets
1.888,380
1,314,006
Income funds
Restrirted funds
restricted funds
Deslgnated funds
General unrestricted lunds
16
398,664
82,212
17
15,452
1,474,264
15.452
1,216,342
1.489.716
1,231,794
1,888,380
1,314,006
The financial statements were approved and authorlsed for issue by the Trustees on 10 December 2024
M Banner
Trustee
Company RegistTatlon No. 07974406
15-

CULTURE WARRINGTON
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operdtlng actlvltles
Cash generated from operatlons
21
806,344
110,154
Investing actlvltles
Purchase of tangible fixed a55ets
Interest received
1106,4301
37,590
{34,0331
9,995
Net cash used In Inve5tlng artivltle5
168.8401
124,0381
Net cash used In flnanclng artlvltles
Net Increase In cash and rash equivalerrt5
737,S04
86,116
Cash and cash equlvalents at beglnning of year
2.175,704
2,089,588
C•sh and cash equlvalents at end of year
2,913,208
2,175,704
16-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles
Charlty Information
Culture Warrlngton is a pri￿￿te company limited by guarantee incorporated in England and Wales. The reglstered offlce
is PyraTnid Art5 Centre, Palmyra Square South, Wariington, Cheshire, WAI IBL.
1.1 Accounting conventlon
The financial statements have been prepa￿d in accordance wlth the charity's governing document. the Companles Act
2006, FRS 102 "The Financlal Reporting Standard applicable in the UK and Republic of Ireland" l°FRS 102,1 and the
Charlties SORP "Accounting and Reporting by Charities: Statement of Recommended Practlce applicable to tharities
preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard applicable in the UK and Republ1¢ of
Ireland IFRS 1021" (effective l January 20191. The charity is a Public Benefit Entity as defined by FRS 102.
The financlal statements are prepared in sterling, which Is the functional currency ot the charity. Monetary amounts in
these financlal statements are rounded to the nearest E.
The financial Statements have been prepared under the historical cost Convention. The prlncipal accounting policles
adopted are set out below.
l.Z Golng concern
In vlew of the current financial position, the fundlng support available, and the continued support of our
commissioners, Warrlngton Borough Council. the trustees consider it approprlate to prepare accounts on a going
concern basis.
1.3 Charltable furKIs
Unrestricted funds are available for use at the discretion of the trustees In furtherance of their charitable objectives,
Designated funds comprise funds which have been Set aside at the discretion of the trustees for specific purposes. rhe
purposes and uses of the designated funds are set out In the notes to the ftnancial statements.
Restricted funds are 5ublert to specifie conditions by donors as to how they may be used. The purposes and uses of the
restTlCted funds are set out In the notes to the financial 5tatement5.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the
amounts can be measured reliably. and it is probable that income will be received.
C3sh donations are recognlsed on receipt. Other donations are recognised once the charity has been notified of the
donation, unless performance condltlons require deferral of the 3mount. Income tax recoverable in relation to
donatlon5 received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognlsed on receipt or otherwise if the charity has been notlfied of an impendin8 distribution, the
amount is known. and recelpt is experted. If the amount is not known. the legacy is treated as a contingent asset.
1.5 Expenditurè
Liabillties are recognised as expenditure as soon as there Is a legal or Constr￿tiVe obligation committing the charlty to
that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of
the obligztion can be measured reliably. Expenditure is accounted for on an accrua15 basis and has been classified under
headings that aggregate all cost related to the cètÈgory. Whère cost5 cannot be dirertly attributed to particular headin8s
they have been included in SLEPPOrt costs and allocated to activates on a basis consistent with the use of resources.
17-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
Icontlnuedl
1.6 Tanglble fixed assets
Tangible fixed assets are Inltlally measured at cost and subsequently measured at cost or valuation, net of depreclatlon
nd any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful
live5 on the followin8 base5'.
Plant and equipment
Fixtures and fittings
Computer equlpmenr
IO% on cost
IO% on c05t
20% on cost
The gain or Ioss arising on the disposal of an asset is determined as the difference between the sale proceeds and the
carryin8 value of the asset. and is recognised in the statement of financial Ktivities.
1.7 Impalrment of fixed a5SÈts
At each reportlng end date, the charlty reviews the carrying amouftts of its tanglble assets to determine whether there
is any indication that those assets have suffered an impairment loss. If any such indication exists, thè recoverable
amount of the asset is estimated in order to determine the extent of the impairment loss Ilf any).
1.8 Stocks
Stocks are stated at the lower of cost and net realisable value. after making due allowance for ob501ete and slow movlng
items.
Net realisable value is the estimated sellin8 price less all estimated costs ol completion and costs to be Incurred in
marketingi sellin8 and distribution.
1,9 Cash and cash equivalenls
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid investments
with Drlginal maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowln85 in
current liabillries,
1.10 Finan¢i#l insiruments
The charity has elected to apply the provisions of Section 11 '8asic Financial Instrument5, and Sectlon 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual
provisions of the instrument.
Flnancial assets and liabilities are offseL wtth the net amounts presented in the financial ststements, when there Is a
legally enforceable ri8ht to set off the recognised amounts and thero is an intention to settle on a net basis or to realise
the asset and settle the liability simultaneouslv.
Bo51cfinanciol ussets
Baslc flnancial assets. which include debtor5 and cash and bank balances. are initially measured at transactlon price
including transaction costs and are subsequently carried at amortised cost using the efFettive interest method unless
the arran8ement constitutes a financing transaction. where the transaction is measured at the present value of the
future receipts discounted at a market rate of Interest. Financial assets ¢lassified as receNable within one year are not
amortised.
18-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountin8 policie5
{Continuedl
Impairment offlnandal ossets
Financial a55ets, other than those held at tsir value through income and expenditure. are assÈssÉd for indicators of
Impairment at each reporting date. Financial assets are impaired where there is objective evldence thaL as a result of
one or more events that occurred after the initial recognition of the ftnancial asset, the estimated future cash flows
have been affected.
If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the
estimated cash flows dlscounted at the asset's original effettive interest rate. The impairment loss is reco8ni5ed in net
Incomellexpenditurel for the year.
If there is a decrease in the impairment loss arislng from an event occurring after the impairrnent was recognlsed, the
impalrment is reversed. The reversal Is such that the current carrying amount does not exceed what the carrying
amount would have been. had the impairment not previously been recognised. The impairment reversal is recognised In
net incomellexpendlturel for the year.
Dere¢ognition offinanclol assets
Flnancial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled,
or when the charity transfers the flnancial asset and substsntlally all the risks and rewards of ownership to another
entity, or If some significant risks and rewards of ownership are retained but control of the asset has transferred to
another party that is able to sell the asset in its entirety to an unrelated third party.
Baslcllnonclal Ilobllltles
Basic financial liabilities, Including creditor5 and bank loans are initially recognised at transaction price unless the
arran8ement constitutes a flnancing transaction. where the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortlsed.
Debt instruments are subsequently carried at amortised cost, Using the effective interest rate method.
Trade creditor5 are obliEations to pay for 8ood5 Qr services that have been acquired in the ordinary course of Dperations
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they
are presented as non-current liabillties. Trade creditors are recognised initially at transaction prlce and subsequently
measured at amortised cost using the effectlve Interest method.
Derecognltlon ofllnanciol liobilities
Financial liabilities are derecognised when the charlvs contrartual obligations expire or are dlschar8ed or cancelled,
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
1.12 Retirement beneflts
Payments to deflned contribution retirement benefit xhemes are charged as an expense as they fall due.
19-

CULTURE WARRINGTON
NOTE5 TQ THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
CTltical accountin8 estimates and judgements
In the appllcatlon of the charity's accounting policies. the trustees are required to make judgements, estimates and
assumptions about the carrying amount of asset5 and liabillties that are not readily apparent from other sources, The
estimates and associated assumptions are based on h￿torIcal experience and other factors that are considered to be
relevant. Actual results may dlffer from these estlmates.
The estimates and underlying assumptions are reviewed Dn an ongoing basls. Revisions to a¢￿u￿ting estimates are
recognised In the perlod In whlch the estlmate is revised where the revlsion affects only that period, or in the period of
the revlslon and future periods where the revision affects both current and future perlods.
Charitable a¢tivlties
CultuTrl
Museum Vewe & events
fflana¢èment
Tot•1
2024
Tot41
2023
Museum and Art gallery
Pyramid and Parr hall
Facility hlre
Culture engagement
Commissions
Education
Mana8ement fee
1,160
393
534
1,702
38,876
13.840
1.528.OS2
5,653
6,813
1.458.445
187,178
7,457
399.382
13,840
1,539,437
12,081
1,326,988
181,520
9,302
59,899
14,416
1,309,015
1,458,052
186.644
3.827
356.955
1.928
3.551
11,385
1,584.557
22,517
2,IX15,478
3.612.552
2,913,221
Analysis by fund
Unrestricted funds
RestrScted funds
1.$84,S57
18,982
3.535
1,648.523
356.955
3,252,062
360.490
1,584,557
22.517
2,005,478
3,612.552
For the year ended 31 March 2023
UnrestTlCted fund5
1,397,940
5.600
1.509.681
2,913,221
Income from Investments
Unrestri¢ted
funds
2024
Unrestrlcted
funds
2023
Deposit account interesr
37.590
9,995
-20-

O L¥) ￿ as ￿ LO tl) o o o m
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rt)
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ro ob m w o WJ
fji t¢i ri r4
> Ln
prrno m
f¥ Ln
Ln * O
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t¢
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00
O) Ln
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rri ri Wi Iti
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49
> ri
o rL

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS (CONnNUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support Costs
Support costs Goveman
costs
2024
2023 Basis of allocation
Staff costs
Depreciation
Advertising and literature
Professional fees
Telephone and computer
Other central support Costs
Irrecoverable VAT
Net interest cost on defined
beneflt penslon scheme
373.722
5.173
46.791
150.564
68.410
67.791
143,628
373.722
5.173
46,791
150.564
68,410
67.791
143,628
543,069 Time spent
1,239
49,534 Charitable activity levels
157,449 Operational staff costs
65,241 Device numbers
58,978 Operational staff costs
144.354 Charitable activity levels
188.OlYJI
188.0001
5.000
Audit fees
Legal and profe55ional
9.800
14.784
9,800
14.784
9,583 Governance
14,784 Governance
768,079
24,584
792,663
1.049,231
Analysed between
Charltable actlvitles
768,079
24.584
792.663
1.049,231
Net movement In funds
2024
2023
The net movement in funds is stated after chèr8lngllcreditin81:
Fees payable for the audlt of the charity's financial ttatements
Depreciation of owned tsngible fixed assets
9,800
37,324
9,583
24,696
Trurtees
None of the trustees lor any persons connected wlth them) received any remuneration or benefits tiom the charity
dvring the year.
-23-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Employees
Number of Èmployees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Management and administration
Operational team
56
53
58
55
Employment costs
2024
2023
Wages ond salarles
Social security costs
Other pension costs
871,874
66,660
143,000
792,528
65,831
330,000
1,081,534
1.188,359
The members of the senlor management team are employed by Livewire {Warrlngtonl CIC.
The number of employees whose annual remuneration was £60,OCQ or more were..
2024
2023
Number
Number
£60,001- £70,000
10 Taxatlon
The charity is exernpt from taxation on its activities because all its income is applied for charitable purposes.
-24-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
11 Tanglble Ilxed assets
Plant and
equlpment
rixture5 and
Comptster
e4￿1pme￿
Total
Cost
At l April 2023
Additions
171,341
17.111
30,889
70.039
31,414
19,280
233,644
106,430
At 31 March 2024
188.452
100,928
50,694
340,074
Depreciation and impairment
At l Aprll 2023
Depreciation charged in the year
72,164
18,517
22,586
9.722
17,435
9,085
112,185
37,324
At 31 March 2024
90,681
32,308
26,520
149,509
Carrying amount
At 31 March 2024
97,771
68,620
24,174
190,565
At 31 March 2023
99,177
8,303
13,979
121,459
12 Stocks
2024
2023
Raw materials and consumables
20,341
17,714
13 Debtors
2024
2023
Arnounts falllng due wlthln one year:
Trade debtors
Prepayments and accrued Income
86,815
57,406
62,449
54,672
144.221
117,121
-25-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Credltors: amounts falling due within one year
2024
2023
Other tsxation and social security
Trade creditor5
Other creditors
Accruals and deferred income
61.690
227,362
41,448
1,049.455
47,469
197,904
26.769
845,850
1.379.955
1,117,992
15
Retlrement benefit schemès
16
Restricted funds
The restricted funds of the charity comprise the unexpended balances of donatlons and grants held on trust subje¢t to
speciflc condltlons by donors a5 to how they May be used.
At l Aprll 2023
IncominB
resources
Resources
expended
Transfers
At31 March
2024
Numlsmatic
Sustalnable Improvement Fund
Grant
Geoblitz
Ready to borrow
Contemporary Arts
Weston Loan Programme
Colonel Edelsten Bequest
Meeting Point
Peter Rogerson Bequest
Local Growth Fund
Grdss Roots Music
Place Partnership Fund
1.500
1,500
3.500
{5921
2.908
I,iii
4,215
I,iii
5,343
11,1281
17321
35
697
1.283
57,575
6.500
8.900
1,283
52,657
6,500
6,810
14.9181
12,090}
13,4671
13.736)
(31,5391
3,467
26.955
330.000
23,219
298,461
82,212
360,490
148,2021
4,164
398,664
-26-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
16
Restricted funds
(Contlnued)
Previous year:
At l April 2022
Incoming
resources
Resources
expended
Transfers
At 31 March
2023
Numlsmatlc
Geobliti
Ready to borrow
Weston Loan Programme
Colonel Edelsten Bequest
Mèeting Point
Peter Ro8erson Bequest
Local Growth Fund
1,500
I,iii
6.471
1,283
64,243
6,500
10,000
3,250
1.500
I,iii
5,343
1,283
57,575
6,500
8,900
{1.1281
{6.6681
{i.1001
{3,4671
217
94,358
112,3631
217
82,212
-27-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED>
FOR THE YEAR ENDED 31 MARCH2024
16
Restricted funds
(Continued)
Numi5mati¢- £1,500 was recelved from the Northwest Museum Development Fund to improve care of and accessibility
to our Numismatic collection.
Geoblltz This grant via Leeds Museum5 is to develop andlor promote engagement with the Geolo8y collection at
Warrlngton Museum &Art Gallery.
Ready to Borrow - Thls grant from ACE is to enable Culture Warrington to buy equipment that provide5 a suitable and
stable envlronment $0 that we are able to borrow paintings from Natlonal Museurn
Contemporary Art$ - This is fundlng from ACE and Warrlngton 8orough Council to fund the Warrlngton Contemporary
Arts Festival.
Weston Loan Proiramme - This grant is to cover costs relating to borrowing three paintings from National Museums
Liverpool, Includlng conservation work, transport, School of Art actlvity pfoEramme of artlst workshop5 and semlnars,
exhlbltlon guides, additional Front of House staff. This programme ran from May to December 2018.
Colonel Edelsten Bequest- This grant from the Colonel Edelsten Bequest Is to fund an upgrade of equipment to improve
the experlence for users of Culture Warrington.
Meetlng Polnt - This fundin8 from Arts and Heritage is to enable Culture Warrington to work with and commlsslon
local artist to produce a piece of contemporary art. and to explore showin8 contemporary art within a herltage context.
The commissioned piece formed part of the Warrington Contemporary Arts Festival for 2019.
Peter Rogerson Bequest - Thbs Is legacy fundlng from the estate of local history librarlan, Peter Ro8er50n, to be Invested
In developing the charity's Archwe Service.
Local Growth Fund - This fundlng Is provlded by the Cheshire and Warrlngton Local Enterprise Partnershlp to make the
existinE Warrington Museum & Library building and the network of community-based libraries Into hubs for the delivery
of digltal programmes and workshops for coding clubs, schools, local businesses and dlgital creatives in the communlty.
Grass Roots MU￿£ - Thls fundlng Is provlded by Arts Council England to support rehearsal and recording studios,
promoters, festivals, and venues for live and electronic music performance such as grassroots music venues and club
sector or8anisation5 to apply for support for projects.
placa Partnershlp Fund - This funding 15 provided by Arts Council England to 51JPPOrt for specifi¢ types of projects that
aim to make a step change in the cultural and creative opportunity in places through the Place Partnership Strand
within Project Grants. These will be projects that seek to transform an aspert of cultural or creative provlslon in line
with Let's Create and the strateglc cultural development aspirations of the place the activity benefit5.
-28-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
17
Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not 5ubjert
to specific conditions by donors and grantors as to how they may be used. These include deslgnated funds which have
been set aslde out of unrestricted funds by the trustees for specific purposes.
At l April 2023
Ineomlng
resources
Resources
expended
TrdnsfersGalns and Josses
At 31 March
2024
Car park fund
General funds
15,452
1,476,342
15,4S2
1,789,264
3,289,6S2
12.972.566)
14.1641
1,491,794
1260,0001
3,289.652
12,972,566>
155.OCK))
14,164)
1.804,716
1260,0001
Pension fund
55,OLh)
1,231.794
3.289,652
13,027,566}
14,1641
55,0
1,544,716
Prevlous year:
At l April 2022
Incoming
resources
Resources
expended
TransfersGalns and losses
At 31 March
2023
Car park fund
General funds
14,711
1,263.942
741
12161
15,452
1,216,342
2,923,216
12.970,6CLJ}
1,263,653
11,938,000)
2,923,216
13.305,6CKJ}
1335.OC(I}
525
1.231,794
Pension fund
2,273,0
1674,3471
2,923.216
13,640,6CKJI
525
2,273,0
1.231,794
The car park fund represents contr5butbons to car parking by stsff which the trustees have agreed to Set aside to cover
any future repair costs.
18 Analysis of net as5et5 between funds
Unrestrlcted
2024
Restrirted
2024
Total Unrestrlcted
2024
2023
Restrlcted
2023
Totsl
2023
Fund balance5 at 31
March 2024 are
represented by..
Tangible assets
Current assetsllliabilitiesl
128,592
1,361.124
61.973
336.691
190,565
1.697.815
58,541
1,173,253
62.918
19,294
121,459
1.192,547
1,489.716
398.664
1,888.380
1,231.794
82,212
1.314,006
-29-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Related party transartlons
Durin8 the current and prior year Culture Warrington utilised the key management personnel and resDurce5 of Livewire
Iwarringtonl CIC a company registered in England and Wales, company number 07972958. A recharge is incurred from
LiveW1￿ Iwarringtonl CIC for the use of these resources.
20 Analysis of thanEes in net funds
The charity had no material debt during the year.
21 Cash generated from operatlons
2024
2023
Surpluslldellcit) for the year
519,374
1394,7471
Adjustments for:
Investment income recognised in ststement of financial activities
Depreclatlon and Impairment of tan8ible fixed assets
Difference between pension charge and cash contributlons
137,5901
37,324
55.000
19,9951
24,697
335,742
Movements In working capltal:
{Increasel In stocks
Ilncreaselldecrease in debtors
Increase in creditors
12,6271
127,1001
261,963
17,4451
54,384
107,519
Cash generated from operatlons
806,344
110,155
22 Prlor perlod adjustment
Changes to the balance sheet
At 31 March 2023
As prevlou51y
Adjustment
reported
As resiated
Provisions for liabilities
Pension obli8ations
1.923,tMXI
11.923.0001
Capital funds
Income funds
Restrlcted fund5
Unrestricted funds
82,212
3.154.794
82,212
1,231,794
11,923,000)
Total equity
3.237.006
11,923,OW}
1,314,006
-30-

CULTURE WARRINGTON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Prior period adjustment
{Continuedl
At 31 March 2021
As previously
AdJustment
reported
As restated
ChanEes to the SOFA
Period ended 31 March 2023
As previously
Adjustment
reported
As restated
Actuarlal galn/llossl on defined beneflt penslon scheme
2,273,742
11.923,0001
350,742
Net movement In funds
1,878.995
11.923,0001
{44,0051
-31-