2024-02-29-accounts

Registered charity number 1177347

Incorporated Charity number CE013395

The Reg Johnson Foundation

Accounts

29 February 2024

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The Reg Johnson Foundation

Contents

	Page
Charity information	3
Trustees' annual report	4-5
Accountants' report	6
Statement of financial activities	7
Balance sheet	8
Notes to the financial statements	9-11

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The Reg Johnson Foundation Company Information

Trustees:

Kara Johnson Lynn Johnson Nigel Howarth Norma Scott

Accountants

Stephen W Valentine FCA Unit 2 Ferry Road Office Park Ferry Road Riversway Preston Lancashire PR2 2YH

Principal Address:

8 Keepers Chase Inglewhite Road Longridge Lancashire PR3 2BF

Bankers

Royal Bank of Scotland

Registered number

1077534

Incorporated Charity number CE013395

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The Reg Johnson Foundation Report of the trustees

The trustees present their report and financial statements for the year ended 29 February 2024.

Constitution

The Reg Johnson Foundation is constituted under a Trust Deed adopted on 27 February 2018 and is a registered charity, number 1177347.

Objects and activities

The charity's objectives are to help local people and local charties through the organisation of different events.

We set the foundation up in memory of Reg Johnson who was passionate about the hospitality industry which he produced poultry for. When going into the kitchens he would always have time for the young chefs and kitchen porters encouraging them in there line of work.

This said we have started up a Young Chefs competition along with local schools and colleges to encourage 13-14 years olds to get into a hobby and show them what an amazing industry it really is. The competition is going from strength to strength but unfortunately due to covid they had to be cancelled this year due and other events we had in the diary also.

Organisational structure, governance and management

The charity is controlled by the Trustees who make up the management committee. Details of the current Trustees are set out on pages 4 and 5. Trustees are elected from amongst the full members of the charity by the members in general meeting or a maximum of one third of the Trustees may be co-opted by the Management Committee

At the Annual General Meeting of the charity those entiled to vote shall elect from amongst themselves a chairman, secretary and treasurer, who shall hold office from the conclusion of that meeting. They shall be eligible for re-election.

All members of the Management Committee shall retire from office together at the end of the Annual Genetral Meeeting next after the date on which they came into office but they may be reelected or re-appointed.

The Trustees that served during the year ended 29 February 2024 where as follows:

Kara Johnson Lynn Johnson Nigel Howarth Norma Scott

No trustees have received remuneration over the reporting period.

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The Reg Johnson Foundation Report of the trustees

Review of Activities and Achievements

Only a small ladies lunch and raffle was held to raise funds Rosemere cancer

Financial Review

Total receipts from unrestricted funds were £4,705 for the year and detailed in the financial statements.

Unrestricted resources expended total £4,862 The net result for the year was a deficit of £157

This report was approved by the board on 4 March 2024. For and on behalf of the board of Trustees.

Kara Johnson Lynn Johnson Trustee Trustee

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The Reg Johnson Foundation Independent Examiner's Report to the trustees of The Reg Johnson Foundation

I report to the trustees on my examination of the accounts of The Reg Johnson Foundation (the Charity) for the period ended 28 February 2024.

Respective Responsibilities of Trustees and Examiner

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 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; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

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.

Stephen W Valentine FCA Independent Examiner

Cameron Valentine Limited Unit 2 Ferry Road Office Park Ferry Road Riversway Preston Lancashire PR2 2YH

04 March 2024

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The Reg Johnson Foundation Statement of Financial Activities for the year ended 29 February 2024

Note Incoming Resources Fundraising Income Total Incoming Resources Accountancy Sundry expenses Charity running costs Donations Fundraiser costs Total Resources Expenditure 4 Net Incoming Resources before transfers Transfers between Funds :- Unresticted Restricted Net Incoming Resources for the Year Fund Balances brought forward as at 1 March 2023 Fund Balances carried forward as at 29 February 2024	Unrestricted Funds 4,705 4,705 (200) - - (2,500) (2,162) (4,862) (157) - - (157) 2,460 2,303	Restricted Funds - - - - - - - - - - - - - -	2024 £ 4,705 4,705 (200) - - (2,500) (2,162) (4,862) (157) - - (157) 2,460 2,303	2023 £ - - (200) - - - - (200) (200) - - (200) 2,660 2,460

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The Reg Johnson Foundation Balance Sheet as at 29 February 2024

Notes Current assets Cash at bank and in hand - HSBC Creditors: amounts falling due within one year 4 Net current assets Net assets 8 Funds Unrestricted funds Total Charity Funds 9	2024 £ 2,703 (400) 2,303 2,303 2,303 2,303	2023 £ 3,340 (880) 2,460 2,460 2,460 2,460

The Statement of Financial Activities, the Balance Sheet and related notes were approved by the Board of Trustees on 4 March 2024 and signed on its behalf by:

Kara Johnson Lynn Johnson Trustee Trustee

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The Reg Johnson Foundation Notes to the Accounts for the year ended 29 February 2024

1 Accounting policies

Basis of preparation of the accounts

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on the 16 July 2014 and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designed for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charges against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Transfers between funds are made when a restriction ceases to apply to a fund, to show restricted assets separately from unspent funds or where a project is funded partially from restricted income and partially from general funds.

Incoming Resources

All incoming resources are including in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. When donors specify that grants given to the charity must be used in future financial years the income is deferred until that year. No amounts are included in the financial statements for services donated by volunteers.

Resources Expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Other expenditure costs are those incurred in support of support of expenditure on objects of the charity and those in connection with the administration of the charity and compliance with constitutional and statutory requirements. Also included are the costs associated with raising funds from all possible sources of incoming resources and costs associated with raising the profile of the charity.

Tangible Fixed Assets and Depreciation

Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Computer equipment Fixtures and fittings

33% straight line 15% reducing balance

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The Reg Johnson Foundation Notes to the Accounts for the year ended 29 February 2024

2 Income Received Fundraising Income 3 Total Resources Expended This is stated after charging: Independent examiners remuneration 4 Creditors: amounts falling due within one year Trade creditors and accrual 5 Analysis of Net Assets between Funds Current assets Current liabilities Net assets as at 29 February 2024	General Funds 2,703 (400) 2,303	2024 4,705 4,705 2024 £ 200 2024 £ 400 Restricted Funds - - -	2023 - 0 2023 £ 200 2023 £ 880 Total Funds 2,703 (400) 2,303

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The Reg Johnson Foundation Notes to the Accounts for the year ended 29 February 2024

6 Movement in funds

Unrestricted Funds: General Funds Total Unrestricted Funds Restricted Funds: Total Restricted Funds Total Funds	As at 1 March 2023 2,460 2,460 - 2,460	Incoming Resources 4,705 4,705 - 4,705	Outgoing Resources (4,862) (4,862) - (4,862)	Transfers - - -	As at 29 February 2024 2,303 2,303 - 2,303

General Funds represents the free funds of the charity which are not designated for particular purposes.

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