CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110212024 To 3110112025 Charity name: The Edna Johnson Will Trust Charity Charity reglstration number: 1143404 Objectives and Activities SQRP referenc8 Para1.17 Summary of the purposes of the charity as set out in ils overnin document Summary of the main activities in relation to those purposes for the publi benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit The assistance of those elderly persons in need in East Sussex, particularly in and around Bexhill, Haslin s and Easlboume. Providing grants to those in need lo successfully fulfil their purpose of assisting those elderly persons. Para 1.17 and 1.19 Para 1.18 The Trustees confirm that they have referred to the guidance conlained in the Charity Commission's general gLIidan on public benefit when reviewing the Trusts, aims and objectives, and in planning future activities and setting the grant making policy for the year. In opinion the achievements and performant referred to in this report demonstrate that they have complied with their oblig8tions in this res ecl. Additlonal information loptlonal} You rna choose lo include further statements where relevant about.. SORP refence Policy on grant making Par8 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Para 1.38
Other Achievements and Performance SORP refBren The Trust does not actively fundraise and seeks lo carry out the charitable work desired by Mrs Johnson through the careful Stewardship of its existing resources. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional Informatlon {optional) You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Para 1.41 Other
Financial Review Review of the charity's financial position al the end of the eriod Statement explaining the policy for holding reserves statin are held Amount of reseNes held Para 1.21 Net current assets of £6,73812024.. £4.8321. Para 1.22 Income reserves are kept to the minimum. as the Trustees are able lo supplement these from ca ital of the Trust if necessa £944,107 {2024.' £934.7841. Of this amount, £937,369 relates to the value of investments at the year end. Para 1.22 Free reserves amount to £6,738 {2024'. £4.832 NIA Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the eharily continuing as a going concem Para 1.22 Para 1.24 NIA Para 1.23 NIA Additional information (optional) You ma choose to include further statemenls where relevant about-. The charity's principal sources of funds (including any fundraising) Para 1.47 The Trustees have the power to invest in such assets as they see fit. The Trust policy is to invest in a range of equity shares and the portfolio is regularly reviewed by Atomos, the Trust's investment advisors. Inveslment policy and objectives including any social investment policy adopted Para 1.46 The Trustees require a broad spread of investments, wilhoul restriction on the basis of ethic81 considerations. Volatility in recent years has made the management of investments difficult and the Trustees have resolved for the time being lo increase the proportion of the investments held in cash lo provide flexibility in respect of timing of any re-investing in equities and reducing ex osure lo ca ital losses. The trustees have considered the major risks lo which the charity is exposed and have reviewed those risks, and are satisfied that adequate systems and insurance are in placed lo mitigate ex 05ure to those risks. A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 Will provided on 2410912009 as amended b trust deed dated 2010412011. Trust. How is the charity consliluled? l L.g Iiiiincoi'iJ01-ated Para 1.25 Trustee selection methods including details of any conslitulional provisions e.g. election lo post or name of any person or body entltled lo appoint one or more Iruslees Para 1.25 Appointed by existing trustees. Additional information loptionall You ma choose to include further statements where relevant aboul.. New Trustees are appointed by existing Iruslees. There is no fixed term of office for trustees, and trustees are not required to retire by rotation. The trust deed provides for 8 minimum of three trustees and the trustees of the charity shall be appointed from amongst the partners in the firm Gaby Hardwicke Solicitors, or frorn amongst the staff of that firm. At the quarterly Trustees, meetings the Iruslees agree the broad strategy and area of activity fDr the Trust. including consideration of grant making, investment, reserves and risks of management policies and performance. The day to day administration of grants and the processing and handling of applications prior to consideration by the Trustees is delegated lo the clerk for the trustees. Policies and procedures adopted for the induction and training of trustees P8ra 1.51 The charity's org8nisalional Structu and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other The trustees have considered the major risks to which the charity is exposed and have reviewed those risks, and are satisfied that adequate systems and insurance are in placed to mitigate ex osure lo Ih05e risks.
Reference and Administrative details Charit name Other name the charil uses Re istered charit number Charity's principal address The Edna Johnson Tnjst Charit NIA 1143404 2 Eversley Road Bexhill-on-sea East Sussex TN40 1EY Names of the charity trustees who manage the charity Office Ilf anyl Dates acted if not for whole ear Trustee name Name of person lor body) entitled toa oint trustee ifan R J Ostle A S Caufield D G Young 10 Co orate trustees- names of the directors at the dale the re ortwas8 roved Dire¢tor name Name of trustees holding lille lo property belonging to the charity Trustee name Dates acted il not for whole ear
Funds held as custodian trustees on behalf of others Description of the assets NIA held in this c8pacity Name and objects ofthe charity on whose behalf the assets a held and how this falls within the CLJStodian charily s objects NIA Details of arrangements for safe custody and segregation of such assets from the charity's own assets NIA Additional Infomiation (optlonal) Names and addresses of advisers (Optional information) Type of Name Address adviser Name of chief executive or narnes of senlor staff members (Optional information} Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information
Declarations The trustees declare that they have approved the trustee5' report above. Signed on behalf of the charity's trustees Signature{sl Full name(sl Position leg Secretary, Chair, etc} Date 21 li 202S
Charity number: 1143404
THE EDNA JOHNSON WILL TRUST CHARITY
TRUST ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
THE EDNA JOHNSON WILL TRUST CHARITY
Trustees Richard John Ostle Antony Stephen Caulfield David Guy Young Administrators Gaby Hardwicke 2 Eversley Road Bexhill-On-Sea East Sussex TN40 1EY Independent Examiners Galloways Accounting (Bexhill) Limited 23 St Leonards Road Bexhill-On-Sea East Sussex TN40 1HH Stockbrokers Atomos Investments Limited 24 Monumnent Street London EC3R 8AJ
THE EDNA JOHNSON WILL TRUST CHARITY
CONTENTS
| General trust information | 1 |
|---|---|
| Independent examiner's report | 2 |
| Balance sheet | 3 |
| Income and expenditure accounts | 4 |
THE EDNA JOHNSON WILL TRUST CHARITY
TRUST INFORMATION
Settlor
Mrs Edna Alice Johnson
Date of trust
31 July 2009
Trustees
Richard John Ostle Antony Stephen Caulfield David Guy Young
Trust fund
The residuary estate after all legacies, expenses and duties.
1
THE EDNA JOHNSON WILL TRUST CHARITY
INDEPENDENT EXAMINER'S REPORT ON THE ENDA JOHNSON WILL TURST ACCOUNTS
I report to the Trustees on my examination of The Edna Johnson Will Trust Charity ("the Trust") for the year ended 31 January 2025.
Responsibilities and basis of report
As the charity Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
(2) the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ainsley Gill BA FCA BFP
Date: 24th November 2025
Galloways Accounting (Bexhill) Limited 23 St Leonards Road
Bexhill-on-Sea East Sussex TN40 1HH
2
THE EDNA JOHNSON WILL TRUST CHARITY
BALANCE SHEET AS AT 31 JANUARY 2025
| Estate capital account Balance at 1 February 2024 Unrealised (deficit)/Surplus on investments (Deficit)/Surplus on disposal of investments Balance at 31 January 2025 Accumulated income account Balance at 1 February 2024 Surplus of income for the year Distributions Balance at 31 January 2025 Unrestricted funds All charity funds are unrestricted funds. Represented by: Fixed assets Capital account Investments historical cost - £841,290 [2024: £884,132] Current assets Gaby Hardwicke client account Current liabilities Accruals Net current assets |
£ £ 1,169,730 -75,965 91,717 15,751 1,185,481 -234,946 18,772 -216,174 -25,200 -241,374 944,107 937,369 9,180 -2,442 6,738 944,107 2025 |
£ £ 1,087,978 0 81,752 81,752 1,169,730 -222,759 10,657 -212,102 -22,844 -234,946 934,784 929,952 7,202 -2,370 4,832 934,784 2024 |
|---|---|---|
The balance sheet and income account of the trust for the year ended 31 January 2025 are hereby approved by the trustees.
A Caulfield 21/11/2025 Mr A S Caulfield Dated
3
THE EDNA JOHNSON WILL TRUST CHARITY
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JANUARY 2025
----- Start of picture text -----
2025 2024
£ £ £ £
Income
Gross investment income
Dividends and interest income 32,032 22,439
Other income received 0 0
Client account deposit interest 0 450
32,032 22,889
Expenses
Grants paid 25,200 22,844
Legal and professional fees 3,890 3,793
Accountancy fees 2,442 2,400
Investment advisors' fees 6,663 5,640
Sundry costs 194 399
-38,389 -35,076
Excess of income over expenditure -6,357 -12,187
----- End of picture text -----
4
THE EDNA JOHNSON WILL TRUST CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2025
1. Accounting policies
1.1 Basis of preparation
The accounts have been prepared on the Receipts and Payments basis and in accordance with the Charities Act 2011.
1.2 Investments
Investments are stated at market value. The funds comprise of a managed investment portfolio.
2. Related parties and transactions with trustees
None of the Trustees (or any persons connected with them) received any remuneration or expenses during the year (2024: £Nil).
The Trust uses legal services from Gaby Hardwicke in which two of the Trustees are principals. The Trustees are not involved in the administration of the Trust at the legal firm, and all payments made are at arms length. The total amount paid in the year was £3,890 (2024: £3,793).
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Charity number: 1143404
THE EDNA JOHNSON WILL TRUST CHARITY
TRUST ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
THE EDNA JOHNSON WILL TRUST CHARITY
Trustees Richard John Ostle Antony Stephen Caulfield David Guy Young Administrators Gaby Hardwicke 2 Eversley Road Bexhill-On-Sea East Sussex TN40 1EY Independent Examiners Galloways Accounting (Bexhill) Limited 23 St Leonards Road Bexhill-On-Sea East Sussex TN40 1HH Stockbrokers Atomos Investments Limited 24 Monumnent Street London EC3R 8AJ
THE EDNA JOHNSON WILL TRUST CHARITY
CONTENTS
| General trust information | 1 |
|---|---|
| Independent examiner's report | 2 |
| Balance sheet | 3 |
| Income and expenditure accounts | 4 |
THE EDNA JOHNSON WILL TRUST CHARITY
TRUST INFORMATION
Settlor
Mrs Edna Alice Johnson
Date of trust
31 July 2009
Trustees
Richard John Ostle Antony Stephen Caulfield David Guy Young
Trust fund
The residuary estate after all legacies, expenses and duties.
1
THE EDNA JOHNSON WILL TRUST CHARITY
INDEPENDENT EXAMINER'S REPORT ON THE ENDA JOHNSON WILL TURST ACCOUNTS
I report to the Trustees on my examination of The Edna Johnson Will Trust Charity ("the Trust") for the year ended 31 January 2025.
Responsibilities and basis of report
As the charity Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
(2) the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ainsley Gill BA FCA BFP
Date: 24th November 2025
Galloways Accounting (Bexhill) Limited 23 St Leonards Road
Bexhill-on-Sea East Sussex TN40 1HH
2
THE EDNA JOHNSON WILL TRUST CHARITY
BALANCE SHEET AS AT 31 JANUARY 2025
| Estate capital account Balance at 1 February 2024 Unrealised (deficit)/Surplus on investments (Deficit)/Surplus on disposal of investments Balance at 31 January 2025 Accumulated income account Balance at 1 February 2024 Surplus of income for the year Distributions Balance at 31 January 2025 Unrestricted funds All charity funds are unrestricted funds. Represented by: Fixed assets Capital account Investments historical cost - £841,290 [2024: £884,132] Current assets Gaby Hardwicke client account Current liabilities Accruals Net current assets |
£ £ 1,169,730 -75,965 91,717 15,751 1,185,481 -234,946 18,772 -216,174 -25,200 -241,374 944,107 937,369 9,180 -2,442 6,738 944,107 2025 |
£ £ 1,087,978 0 81,752 81,752 1,169,730 -222,759 10,657 -212,102 -22,844 -234,946 934,784 929,952 7,202 -2,370 4,832 934,784 2024 |
|---|---|---|
The balance sheet and income account of the trust for the year ended 31 January 2025 are hereby approved by the trustees.
A Caulfield 21/11/2025 Mr A S Caulfield Dated
3
THE EDNA JOHNSON WILL TRUST CHARITY
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JANUARY 2025
----- Start of picture text -----
2025 2024
£ £ £ £
Income
Gross investment income
Dividends and interest income 32,032 22,439
Other income received 0 0
Client account deposit interest 0 450
32,032 22,889
Expenses
Grants paid 25,200 22,844
Legal and professional fees 3,890 3,793
Accountancy fees 2,442 2,400
Investment advisors' fees 6,663 5,640
Sundry costs 194 399
-38,389 -35,076
Excess of income over expenditure -6,357 -12,187
----- End of picture text -----
4
THE EDNA JOHNSON WILL TRUST CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2025
1. Accounting policies
1.1 Basis of preparation
The accounts have been prepared on the Receipts and Payments basis and in accordance with the Charities Act 2011.
1.2 Investments
Investments are stated at market value. The funds comprise of a managed investment portfolio.
2. Related parties and transactions with trustees
None of the Trustees (or any persons connected with them) received any remuneration or expenses during the year (2024: £Nil).
The Trust uses legal services from Gaby Hardwicke in which two of the Trustees are principals. The Trustees are not involved in the administration of the Trust at the legal firm, and all payments made are at arms length. The total amount paid in the year was £3,890 (2024: £3,793).
5