##
##
||||||Page|
|---|---|---|---|---|---|
|Reference and administrative|||details ofthe Company,|its Trustees and advisers||
|Chairman's|statement||||2-3|
|Trustees'
report|||||4-9|
|Trustees' responsibilities||statement||||
|Independent|auditor's
report||on the financial statements||11-14|
|Consolidated|statement|offinancial activities|||15|
|Consolidated|balance sheet||||16|
|Company
balance sheet|||||17|
|Consolidated|statement|ofcash flows||||
|Notes to the|financial statements||||19-43|
##
##
|Company|registered||||
|---|---|---|---|---|
|number||1948578|||
|Charity registered|||||
|number||292758|||
|Registered|office|Discovery Road|||
|||Halifax|||
|||West Yorkshire|||
|||Hxt 2NE|||
|Company|secretary|Miss TJ Corbridge|||
|Chief executive officer||Mrs LA Stradeski|||
|Independentauditor||Armstrong
Watson Audit Limited|||
|||Chartered
Accountants|and Statutory|Auditors|
|||Third Floor|||
|||10South Parade|||
|||Leeds|||
|||West Yorkshire|||
|||LS1 5QS|||
|Bankers||Barclays Bank PLC|||
|||10Market Street|||
|||Bradford|||
|||West Yorkshire|||
|||BD1 1EG|||
|Solicitors||Wrigleys
LLP|||
|||19Cookridge Street|||
|||Leeds|||
|||West Yorkshire|||
|||LS23AG|||
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||||Restdicted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Note|6|6|||
|Income from:|||||||
|Donations
and legacies
Charitable
activities||3
4|4,021,326|408,288
2,018,594|4,429,614
2,018,594|6,518,885
1,235,344|
|Income from other trading
activities:
Commerical
trading activities
Investments||||1,272,728
26,633|1,272,728
26,633|715,488
4,207|
|Other income||||105,285|105,285|329,591|
|Total income|||4,021,326|3,831,528|7,852,854|8,804,515|
|Expenditure
on:
Commercial
trading
activities
Charitable
activities||8|422 501|705,316
2739'710|705,316
3162211|400,329
2,164,979|
|Total expenditure|||422,501|3,445,026|3,867,527|2,565,308|
|Net income before taxation|||3,598,825|386,502|3,985,327|6,239,207|
|Taxation - Museum
&Gallery
Exhibitions Tax relief||||191,924|191,924|35,162|
||||3,598,825|578,426|4,177,251|6,274,359|
|Net movement
in funds|||||||
|Reconciliation
offunds:|||||||
|Total funds brought
forward
Net movement
in funds|||9,359,471
3,598,825|4,005,377
578,426|13,364,848
4,177,251|7,090,479
6,274,369|
||||12,958,296|4,583,803|17,542,099|13,364,848|
|||CONSOLIDATED|BALANCE SHEET|||
|---|---|---|---|---|---|
|||AS AT 31 DECEMBER 2022||||
|||Note|2022
6||2021f|
|Fixed assets||||||
|Tangible assets||12|14,360,276||9,580,509|
||||14,360,276||9,580,509|
|Current assets||||||
|Stocks||14|36,853|36,725||
|Debtors||15|684,609|1,884,110||
|Cash at bank and in hand||23|3,333,005|3,047,679||
||||4,054,467|4,968,514||
|Creditors: amounts|falling due within|one||||
|year||16|(872,644)|(1,184,175)||
|Net current assets|||3,181,823||3,784,339|
|Total assets less current liabilities|||17,542,099||13,364,848|
|Total net assets|||17,542,099||13,364,848|
|Charity funds||||||
|Restricted funds||19|12,958,296||9,359,471|
|Unrestricted
funds||19|4,583,803||4,005,377|
|Total funds|||17,542,099||13,364,848|
||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note||6||5|
|Fixed assets||||||||
|Tangible assets|||12||14,360,276||9,580,509|
|Investments|||13||2||2|
||||||14,360,278||9,580,511|
|Current assets||||||||
|Debtors|||15|705,040||2,305,642||
|Cash at bank|and in hand|||2,989,605||2,585,530||
|||||3,694,645||4,892,172||
|Creditors;
amounts||falling due within one||||||
|year|||16|(786,261)||(1,132,779)||
|Net current|assets||||2,908,384||3,759,393|
|Total assets|less current liabilities||||17,268,662||13,339,904|
|Total net assets|||||17,268,662||13,339,904|
|Charityfunds||||||||
|Restricted funds|||19||12,958,295||9,359,471|
|Unrestricted|funds||19||4,310,367||3,980,433|
|Total funds|||||17,268,662||13,339,904|
##
##
##
||FOR T|HE|YEAR ENDED 31 DECEMBER 2|022||
|---|---|---|---|---|---|
|||||2022|2021|
|||||6||
|Cash flows from operating|activities|||||
|Net cash provided
in operating
activities||(note 22)||5,428,983|6,194,602|
|Cash flows from investing|activities|||||
|Dividends,
interests
and rents from investments||||26,633|4,207|
|Purchase oftangible fixed assets||||(5,170,290)|(4,386,611)|
|Net cash used in investing|activities|||(5,143,657)|(4,382,404)|
|Change
in cash and cash|equivalents|in|the year|285,326|1,812,198|
|Cash and cash equivalents|at the beginning||ofthe year|3,047,679|1,235,481|
|Cash and cash equivalents|atthe end|of|the year (note 23)|3,333,005|3,047,679|
|The notes on pages 19to43 form part ofthese financial statements||||||
##
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##
##
##
##
##
##
||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2022|
||||6|6||
|Donations|||4,021,326|408,288|4,429,614|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2021
f|2021
f|2021
5|
|Donations|||5,438,784|1,080,101|6,518,885|
|||||2022
5|2021f|
|Unrestricted||||||
|GIR aid||||393,584|234,396|
|Cultural
Recovery Fund|||||783,300|
|Calderdale|MBC|||6,000|58,661|
|Spark Fund|- Spooner Trust|||1,000|2000|
|Spark Fund|- Others|||593|1,579|
|Spark Fund|- David Celino Memodal|Fund||7,111||
|Other|||||165|
|||||408,288|1,080,101|
##
##
##
||||||F|OR THE YEAR ENDED 31 D|ECEMBER 2022||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||6||
||Restricted||||||||
||Inspiring|Science Fund||||||2,063,545|
||Strategic|Investment|||Fund||3,842,076|2,795,010|
||Headley|Trust||||||25,000|
||ASDC|||||||1,500|
||Wirral BC|||||||53,729|
||Medicash||||||5,000||
||Town Deal||||||74,250||
||The Johnson|||Foundation|||100,000|200,000|
||The Garfield||Weston||Foundation|||300,000|
||||||||4,021,326|5,438,784|
|4.|Income from|||charitable activities|||||
||||||||Unrestricted|Total|
||||||||funds|funds|
||||||||2022|2022|
||||||||6||
||Total income||from operation|||ofmuseum|2,018,594|2,018,594|
||||||||Unrestn'cted|Total|
||||||||funds|funds|
||||||||2021|2021|
|||||||||5|
||Total income||from operation|||of museum|1,235,344|1,235,344|
|5.|Investment||income||||||
||||||||Unrestricted|Total|
||||||||funds|funds|
||||||||2022|2022|
||||||||F|6|
||Bank deposit||interest||receivable||26,633|26,633|
##
##
##
##
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021f|2021|
||Bank deposit|interest receivable||4,207|4,207|
|6.|Other income|||||
|||||Unrestdcted|Total|
|||||funds|funds|
|||||2022
5|2022f|
||Other incoming||resources|105,285|105,285|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2021f|2021|
||Job retention|scheme income||279,591|279,591|
||Other incoming||resources|50,000|50,000|
|||||329,591|329,591|
##
##
##
##
||||UnresVi cted|Restricted||Total||Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds||funds|
||||2022|f|2022||2022|2021
F|
|Charity Trading|Income||||||||
|Turnover|||~1272728||||~1272 728|715488|
|Charity Other Operating||Income|||||||
|Job retention
scheme income||||||||46396|
|Fundraising
trading expenses|||||||||
|Cost ofsales|||352,497||||352,497|179,983|
|Administrative
expenses|||403,217||||403,217|297,639|
|Wages and salaries|||2131002||||213,002|139,573|
|Employers
Nl|||9,572||||9,572|5,658|
|Pension costs|||31331||||3331|1,664|
||||981819||||991619|664,~17|
|Net income from|trading|activites|291 109||||291,109|137,369|
|before taxation|||||||||
##
##
##
|nalysis ofe|x|pen|dit|ure
by expendi|ture
type||||
|---|---|---|---|---|---|---|---|---|
|||||Staff Costs|Depreciation|Other Costs|Total|Total|
|||||2022|2022|2022|2022|2021|
|||||6|6|6||6|
|Costs Incurred||by|||||||
|7
01 00 0|10h||1|225905||479411|705316|400329|
|Establishment||||3501480|181,661|956,056|1,488,197|993,018|
|Exhibi8on||||882,551|208,861|209,158|1,300,570|955,995|
|Publicity||||204,752||140,154|344,906|182,595|
|Charitable|||||||||
|Activities||||1421 703|390522|1 305 368|3133673|2,131,608|
|Expenditure||on|||||||
|governance||||||20530|20 530|33,371|
|||||1 663 600|390522|1 013317|3067 527|2 005 300|
|Total 2021||||1,166,298|427,072|971,938|2,565,308||
##
|||2022|2021f|
|---|---|---|---|
|Governance||||
|Auditor's|remuneration|16,445|19,435|
|Legal and|professional|12,093|13,936|
|||28,538|33,371|
##
##
##
##
||||||||2022
f|2021
6|
|---|---|---|---|---|---|---|---|---|
|Fees payable to the auditor|||for the|audit ofthe Company's
annual||accounts|16,445|15,185|
|Fees payable to the auditor|||in respect||offees in relation to:||||
|Corporation|tax||||||4,250|4,250|
|Depreciation|oftangible|assets owned|||by the group||390,522|427,072|
|Staff costs|||||||||
||||||Group|Group|Company|Company|
||||||2022|2021
5|2022|2021f|
|Wages and|salaries||||1,493,083|1,050,170|1,280,081|910,597|
|Social security costs|||||113,573|72,077|104,001|55,419|
|Contribution|to defined|contribution||pension|||||
|schemes|||||57,032|44,051|53,701|42,387|
||||||1,663,688|1,155,298|1,437,783|1,019,403|
##
||Group|Group|Company|Company|
|---|---|---|---|---|
||2022|2021|2022|2021|
||No.|No.|No.|No.|
|Museum|78|56|78|56|
|Cafe|22|15|||
||100|71|78|56|
##
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##
##
|||Investments|
|---|---|---|
|||In|
|||subsidiary|
||Company|companiesf|
||Cost or valuation||
||At 1 January 2022||
||At 31 December 2022||
||Net book value||
||At 31 December 2022||
||At31December 2021||
|14.|Stocks||
|14.|Stocks|||
|---|---|---|---|
|||Group|Group|
|||2022
6|2021f|
||Shop goods for resale|33,200|31,002|
||Catering goods for resale|3,653|5,723|
|||36,853|36,725|
|15.|Debtors|||
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022
6|2021|2022f|2021f|
|Due within one year||||||
|Trade debtors||28,638|1,630,466|23,014|1,521,005|
|Other debtors|||145,220|34,849|578,253|
|Prepayments|and accrued income|655,971|108,424|647,177|106,374|
|||684,609|1,884,110|705,040|2305,642|
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022f|2021f|2022|2021|
|Trade creditors||326,747|932,266|289,621|918,938|
|Other taxation and social security||31,287|33,476|13,974|24,089|
|Other creditors||11,192|9,270|11,192|9,270|
|Accruals and deferred|income|503,418|209,163|471,474|180,482|
|||872,644|1,184,175|786,261|1,132,779|
##
||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2022
f.|2021f|2022f|2021f|
|Deferred|income||||||
|Deferred|income|at 1 January 2022|50,860|27,692|37,324|12,994|
|Resources deferred
during the year|||54,932|50,860|45,667|37,324|
|Amounts|released|from previous
periods|(50,860)|(27,592)|(37,324)|(12,994)|
|Deferred|income|at 31 December 2022|54,932|50,850|45,667|37,324|
##
##
##
##
||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||6||6|5|
|Financial assets|||||||
|Financial|assets measured|at fair value|||||
|through|income and expenditure||3,361,642|4,823,367|2,989,605||
||||Group|Group|Company|Company|
||||2022|2021|2022|2021|
||||6|||5|
|Financial liabilities|||||||
|Financial|liabilities measured|at amortised|||||
|cost|||710,376|1,065,382|||
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
|||Balance at 1|||||31|
|||January||||Transfers|December|
|||2022
5|Income
6|Expenditure
6|Taxation
6|in/out|2022f|
|Unrestricted||||||||
|funds||||||||
|Designated||||||||
|funds||||||||
|Spark Fund||17,962|8,704||||26,666|
|Fixed asset fund||1,879,258||(116,343)||300,034|2,062,949|
|Maintenance|&|||||||
|development||||||||
|fund||1,052,500||(24,184)||474,966|1,503,282|
|Strategic
futures||||||||
|fund||400,000||||(400,000)||
|||3,349,720|8,704|(140,527)||375,000|3,592,897|
|General funds||||||||
|General Funds-||||||||
|all funds||655,657|3,822,824|(3,304,499)|191,924|(375,000)|990,906|
|Total||||||||
|Unrestricted||||||||
|funds||4,005,377|3,831,528|(3,445,026)|191,924||4,583,803|
|Restricted||||||||
|funds||||||||
|All About Me||423,264||(196,638)|||226,626|
|1855Station||||||||
|Building Project||1,982,528||(70,763)|||1,911,765|
|GiR in kind for||||||||
|exhibitions||3,500||(500)|||3,000|
|Other restricted||||||||
|funds||81,962||(7,778)|||74,184|
|Eureka! Science||||||||
|&
Discovery||||||||
|Centre||6,868,217|3,947,076|(87,326)|||10,727,967|
|Town Deal|||74,250|(59,496)|||14,754|
|||9,359,471|4,021,326|(422,501)|||12,958,296|
|Total offunds||13,364,848|7,852,854|(3,867,527)|191,924||17,542,099|
##
##
|Statement|offund|s - prior year|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
|||Balance at||||||31|
|||1January|||||Transfers|December|
|||2021f|Income
f|Expendilure|f|Taxationf|lnloul|2021f|
|Un restdicted|||||||||
|funds|||||||||
|Designated|||||||||
|funds|||||||||
|Spark Fund||14,383|3,579|||||17,962|
|Fixed asset|fund|2,032151||(152,893)||||1,879,258|
|Maintenance|&||||||||
|development
fund||150,000||(28,917)|||931,417|1,052,500|
|Strategic funds||400,000||||||400,000|
|||2,596,534|3,579|(I81,810)|||931,417|3,349,720|
|General funds|||||||||
|General Funds||297,675|3,362,152|(2,107,915)||35,162|(931,417)|655,657|
|Total|||||||||
|Unrestricted|||||||||
|funds||2,894,209|3,365,731|(2,289,725)||35,162||4,005,377|
##
##
##
##
##
|Summary
offunds|- prior year||||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Ba/ance at|
||Ba/ance al|||||||31|
||1January||||||Transfers|December|
||2021|Income
f||Expenditure|f|Taxationf|infect
6|2021
E|
|Designated|||||||||
|funds|2,596,534||3,579|(181,810)|||931,417|3,349,720|
|General funds|297,675|3,362,152||(2, 107,915)||35,162|(931,417)|655,657|
|Restricted funds|4,196,270|5,438,784||(275,583)||||9,359,471|
||7,090,479|8,804,515||(2,565,308)||35,162||13,364,848|
|Analysis ofnet assets between||funds|||||||
|Analysis ofnet assets between||funds|- current year||||||
|||||||Restricted|Unrestricted|Total|
|||||||funds|funds|funds|
|||||||2022|2022|2022|
|||||||6||6|
|Tangible fixed assets||||||12,333,391|2,026,885|14,360,276|
|Current assets||||||894,878|3,159,589|4,054,467|
|Creditors due within one year||||||(269,973)|(602,671)|(872,644)|
|Total||||||12,958,296|4,583,803|17,542,099|
|Analysis ofnet assets between||funds|- prior|year|||||
|||||||Restricted|Unrestricted|Total|
|||||||funds|funds|funds|
|||||||2021|2021
6|2021f|
|Tangible fixed assets||||||7,701,260|1,879,249|9,580,509|
|Current assets||||||2,373,495|2,595,019|4,9S8,514|
|Creditors due within one year||||||(715,284)|(468,891)|(1,184,175)|
|Total||||||9,359,471|4,005,377|13,364,848|
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|The following was a s|ubsidiary
undert|aking
ofthe Compa|ny:||||
|---|---|---|---|---|---|---|
|Name|||Company|Holding|Included
in||
||||number||consolidation||
|1855Station Building|Limited||03613193|100%|Yes||
|The financial results ofthe subsidiary||for the year were:|||||
|Name||Income|Expenditure|Profitl(Loss)|Net|assets|
||||6|ISurplusl|l(liabilities)||
|||||(Deficit) for||6|
|||||the year|||
|1855Station Building|Limited|1,272,728|981,619|291,109||273,440|