2022-03-31-accounts

TRUSTEES ANNUAL REPORT
Chair's Report
Our purposes and activities
Achievements and Performance
Financial Review
Plans for the Future
Reference and Administrative Details
Structure Governance and Management
Trustee responsibilities relating to the financial	statements
Statement as to disclosure to our Independent	Examiners
INDEPENDENT EXAMINER'S REPORT TO	THE MEMBERS	13
STATEMENT OF FINANCIAL ACTIVITIES		15
BALANCE SHEET		16
CASH FLOW STATEMENT		17
NOTES TO THE FINANCIAL STATEMENTS		18
DETAILED INCOME AND EXPENDITURE ACCOUNT		32

YEAR E	NDED 31	MARCH 20	22
		Unrestricted	Restricted	Total	Funds
	Note	Funds	Funds	2022	2021
		6	5	E	E
Income from:
Donations and grants	2	60,600	218,814	279,414	348,397
Charitable activities	3	318,826	9,650	328,476	207,258
Other trading activities	4	67,638	611	68,249	40,826
Total Income		447,064	229,075	676,139	596,481
Expenditure on:
Raising funds		78435	943	79,S78	77,548
Charitable activities		348,786	154,056	502,842	374,729
Total expenditure		427,221	154,999	582,220	452,277
Net Income I(expenditure)		19,84S	74,076	93,919	144,204
Transfers between Funds	21	28,437	(26,437)
Other recognised gains Ilosses
Remeasurement surplus I(deficit) on defined benefit pension scheme	10	363,000	-	363,000	(418,000)
NET MOVEMENT IN FUNDS		409,280	47.639	456,919	(273,798)
RECONCILIATION OF FUNDS
Fund Balances brought forward		200,860	100,184	301,044	574,840
Total Funds carried forward		510,140	147,82S	757,963	301,044

					Previous
				Total	Year
				Funds	Funds
					F
Cash flows from operating	activities:
Net cash provided by (usedin) operating
activities (SeeNote 23)				48.532	86,564
Cash flows from investing	activities
Purchase of Fixed Assets				(31,204)
Net cash provided by (usedin) investing			activities	(31,204)
Change In cash and cash reporting period	equivalents	in		17,328	86,564
Cash and cash equivalents reporting period	at beginning		of	381,744	295,180
Cash and cash equivalents period	at end of	reporting		3aa,o72	381,744

					2022	2021
					6	8
3.	Income from charitable		activities
	Admission charges	including		giR aid	109,806	25,541
	Support from Local	Authority			179,678	181,482
	Other income				38,992	235
					328,476	207,258

	f9,650ofthe Admission fees was Restricted	income.	income.
4.	Income from other trading activities
	Shop sales			17,799	7,373
	Rents and service charges			32,760	32,203
	Other income			17,690	1,250
				68,249	40,826
	Income from trading consists entirely ofsales	made	in the United	Kingdom.

Cost ofshop stock sold	Cost ofshop stock sold		8,709	3,834
Advertising	costs		1,823	1,871
Staff and	administrative	costs	70,848	71,843
			79,378	77,548

Analysis ofcharitable activitie	Analysis ofcharitable activitie	s
2021/22		es, OI L Ej4 aO)	45 C0 oS o Io	'+ e C 'Q e c ~I ts ta	CII IIIO III 8 I
		f	f	f	f
Staff costs		47,261	98,008	66,552	211,821
Buildings		6,721	47,050	6,721	60,492
Grounds				34,440	34,440
Activities		54,341	10,435		64,776
Administration		11,227	17,497	8,748	37,472
Depreciation			5,567	524	6,091
Support costs (Note 7)		16,214	33,625	22,833	72,672
Governance	costs (Note 7)	3,364	6,977	4,737	15,078
Totals 2022		139,128	219,159	144,555	502,842

		C	4g
	2020/21	E)Cc 30)	C0	'+ C C 'C e C 'E.e $$	CII CI CV
		f	f	f	f
Staff costs		69,492	56,251	74,363	200,106
Buildings		4,547	31,824	4,547	40,918
Grounds				19,506	1a,sos
Activities		5,239	5,264		10,503
Administration		6,001	7,235	3,617	16,853
Depreciation			17,561	524	18,085
Support costs (Note 7)		17,128	13,865	18,329	49,322
Governance	costs (Note 7)	6,750	5,464	7,222	19,436
Totals 2021		1oa,1s7	137,454	12s,1os	374,729

						C0			cc
		2021/22				CC			CV
						o e
	Staff costs					Time	60,849	10,413	71,282
	Printing &communications					Usage	11,823	695	12,518
	Independent	Examiner	fees			Governance		2,800	2,800
	Other Trust	costs				Governance		1,170	1,170
	Totals						72,672	15,078	87,750
		2020/21				o0 'P CCC			CV CI CV
						='I
						~C xc
	Staif costs					Time	35,098	15,359	50,457
	Printing &communications					Usage	14,224	837	15,061
	Independent	Examiner	fees		Governance			2,700	2,700
	Other Trust	costs			Governance			540	540
	Totals						49,322	19,436	68,758
								2022	2021
								8	6
8.	Net income /	expenditure		for year
	This is stated	after charging:
	Depreciation							6,091	18,085
	Interest payable							Nil	Nil
	Auditor's remuneration		as	Independent		Examiner
	Trust accounts							2,800	2,700
	Grant claim							540

		YEAR	ENDED 31 MARCH 2	022
				2022	2021
				6
Analysis ofstaff costs
The aggregate	staff costs were:
Directly employed:		Gross	salaries	221,109	234,466
		Social	security costs	12,500	12,893
		Other	pension costs	94,022	46,760
Travel, training	and recruitment		costs	3,022	969
				330,653	295,088

Particulars ofemployees:	Particulars ofemployees:		No.	No.
Average	number ofstaff (full time equivalents) during the	year		10
Number	ofstaff to whom retirement benefits are accruing	under
defined	benefit scheme
Number	ofemployees with emoluments above f60,000		None	None

Year ended:	31 March 2022	31 March 2021
	Nominal %per annum
Pension increase rate	3.15%	2 8%
Salary increase rate	3.85%	3.5'Yo
Discount rate	2.75%	2.05%

Year ended:	31 March 2022	31 March 2021
Equities	42%	45
Bonds	42%	41
Property	10%%uo	10'Yo
Cash	6%	4'Yo

Year ended 31 March 20	22
				Assets	Obligations	Net (liability)
						/asset
				6'000		8'000
Fair value ofplan assets				2,464		2,464
Present value offunded	liabilities				2,624	(2,624)
Opening position as at	31 March	2021		2,464	2 624	(160)
Current service cost						(85)
Net Interest:
Interest income on plan assets				51		51
Interest cost on defined benefit obligation					55	(55)
Total net Interest				51	55	(4)
Total defined benefit SoFA	cost recognised		in	51		(68)
Cashflows:
Plan participants contributions				12	12
Employer contributions				40		40
Benefits paid				(16)	(16)
Expected closing position				2,551	2,760	(209)
Remeasuremenls:
Changes in demographic assumptions					(13)	13
Changes in financial assumptions					(235)	235
Other experience						(6)
Return on assets excluding net interest				121		121
Total rsmeasurements recognised Recognised Gains I(Losses)		in Other		121	(242)	363
Fair value ofplan assets				2,672		2,672
Present value offunded	liabilities				2,518	(2,518)
Closing position as at 31 March 2022				2,672	2,518	154

Year ended 31 March 20	21
				Assets	Obligations	Net (liability)
						/asset
				8'000		8'000
Fair value of plan assets				2,082		2,082
Present value offunded	liabilities				1,810	(1,810)
Opening position as at	31 March	2020		2,082	1,810	272
Current service cost					64	(64)
Net Interest:
Interest income on plan assets				48		48
Interest cost on defined	benefit obligation				42	(42)
Total net interest				48	42
Total defined benefit SoFA	cost recognised		in	48	105	(58)
Cashflows:
Plan participants contributions				13	13
Employer contributions				44		44
Benefits paid				(15)	(16)
Expected closing position				2,172	1,914	258
Remeasurements:
Changes in demographic assumptions					37	(37)
Changes in financial assumptions					690	(690)
Other experience					(17)	17
Return on assets excluding net interest				292		292
Total remeasurements recognised Recognised Gains I(Losses)		In Other		292	710	(418)
Fair value of plan assets				2,464		2,464
Present value offunded	liabilities				2,624	(2,624)
Closing position as at31 March 2021				2,464	2,624	(160)

aritable objectives. The following is a summary oftra	nsactions with the C	ouncil.
	2022	2021
		8
Revenue funding received to operate museum and walled garden	174,678	176,482
Custodian support grant for Halton Castle	5,000	5,000
Grants received for projects	14,210

Tangible fixed assets
	Furniture 8	Motor	Equlpmsnt	Total
	Fittings	Vehicles
	8	8
COST
At 1 April 2021	155,765	17,533	91,446	264,744
Additions in year	31,204			31,204
At 31 March 2022	188,969	17,533	91,446	295,948
DEPRECIATION
At 1 April 2021	20,768	12,813	86,571	120,152
Charge for year	5,192	524	375	6,091
At 31 March 2022	25,960	13,337	88,948	126,243
NET BOOK VALUE
At 31 March 2021	134,997	4,720	4,875	144,592
At 31 March 2022	181,OO9	4,198	4,SOO	1S9,7OS

Movement in Unre	stricted fu	nds
		e Q o. Cg 0 rtt	rsI C	rsI C	Le I-	C0 e W	e L e E u e c M I ~I vr
2021/22
Deslgnsfsd Funds:
Furn. &Equipment	Reserves	139,872			20,870		160,742
General Fund		220,988	447,064	(378,221)	5,587		295,396
Pension Resenre		(160,000)		(49,000)		363,000	154,000
		200,880	447,064	(427,221)	28,437	363,000	610,140
Previous year - 2020/21
Designated Funds:
Furn. &Equipment	Reserve	157,433	-	-	(17,561)	-	139,872
General Fund		73,490	524,227	(397,694)	20,966	-	220,988
Pension Reserve		272,000	~	(14,000)	-	(418,000)	(160,000)
		502,923	524,227	(411,694)	3,405	(418,000)	200,860

Analysis	of net assets between	funds
		Restricted	Designated	General 5	Total
		Funds	Funds	Pension
Year ended S1 March 2022				Reserves
				6
Tangible	Fixed Assets		160,742	8,963	169,705
Cash at	Bank	147,823		251,249	399,072
Other Net Current Assets				35,186	35,186
Pension	Surplus			154,000	154,000
		147,829	199,872	449,398	757,969
Year ended 31 March 2021
Tangible	Fixed Assets		139,872	4,720	144,592
Investments and Cash at Bank		100,185		281,559	381,744
Other Net Current Assets				(65,292)	(85,292)
Pension	Deficit			(160,000)	(160,000)
		100,185	139,872	60,987	S01,044

Reconcilia	tion ofnet income /(expenditure	)	to net cash f	low from operatin	g activities
				2022 6	2021 f
Net income /(expenditure) for the reporting			period	99,919	144,204
Add back:	Depreciation charges			6,091	18,085
Add back:	Pension revaluation adjustments			49,000	14,000
(Increase)	/ Decrease in stocks			(227)	1,536
(Increase)	/ Decrease in debtors			(53,257)	17,252
Increase /	(Decrease) in creditors			(46,994)	(108,513)
Net cash	provided by (used In) operating	activities		48,532	86,564

				2021/22		2020/21
			General	Restricted
			Fund	Funds	Total	Total
INCOME
Admissions (including		GIR Aid)	100,158	9,650	109,806	25,242
Shop sales			17,188	611	17,799	7,373
Rents receivable			32,760		32,760	32,203
Operating support			179,678		tra,srs	178,610
Project grants			59,417	213,823	273,240	331,993
Donations and other	income		57,865	4,991	62,856	20,760
Total Income			447,064	229,075	676,139	sas,161
EXPENDITURE
Staff costs			215,120	63,881	279,001	295,072
Consultancy fees			4,750	1,266	6,016	5,099
Building costs			45,563	21,650	67,213	45,465
Grounds maintenance			23,430	11,010	34,440	19,506
Marketing and publicity			1,823		1,823	1,871
Furniture &equipment			29,708	1,328	31,036	6,170
Activity costs			25,264	45,105	70,369	11,283
Administrative costs			13,902	7	13,909	16,735
Shop - Cost ofsales			6,709		s,roa	3,834
Other costs			5,385	10,752	17,137	15,681
Total Expenditure			372,654	154,aaa	527,653	420,716
Transfers between	Funds		5,587	(5,567)
Adjusted Surplus for year		See note	ra,ars	ss,soa	146,488	1rs,rss