Trustees’ Annual Report for the period
From 30/09/2024 To 29/09/2025
Charity name: The Johnson Family Foundation Charity registration number: 1210425
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To hold the capital and income upon trust to apply the income and all or such parts of the capital at such time or times and in such a manner to or for the benefit of such exclusively charitable objects and purposes in any part of the world as the Trustees may in their absolute discretion think fit. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
In furtherance of the charity’s objects for the public benefit the trustees provide grants. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In determining the charity’s activities, the trustees have had regard to the Charity Commission’s guidance on public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| 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 | During the year under review the charity made grants to the following charities totalling £10,000. • Bone Cancer Research Trust |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | In addition to the free reserves the charity has bank balances of £86,850 and investments valued at £971,932 within the expendable endowment fund which can be released to support the activities of the charity. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks. |
| Amount of reserves held | Para 1.22 | At the end of the reporting period the charity had free reserves of £7,993. |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | No funds in deficit |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including anyfundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facingthe charity |
Para 1.46 | |
| Other | Expendable endowment funds are those which are required to be invested to produce income, but which may be transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance of the charity’s objectives. Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for otherpurposes. |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document | Para 1.25 | Trust deed dated 30/09/2024 |
| How is the charity constituted? |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the trustees from time to time. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Ltd was paid £8,771 for the trust set up, trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed. |
| Other |
Reference and Administrative details
| Charity name | The Johnson Family Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1210425 |
| Charity’s principal address | Ludlow Trust Company Ltd Tower Wharf Cheese Lane BRISTOL BS2 0JJ |
Names of the charity trustees who manage the charity
| 1 2 3 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Ludlow Trust CompanyLimited |
||||
| Neil Andrew Johnson | ||||
| Heather JoyJohnson |
– Corporate trustees names of the directors at the date the report was approved
| Director name | ||
|---|---|---|
| Gary St John Collins | ||
| Walter Duncan Coxon | ||
| Ali Rexa Sarikhani | ||
| Ziba Christina Sakine Sarikhani |
||
| Christopher Ian Thurlow | ||
| Matthew John Wickers | ||
| John Stephen Dennis | Resigned 25/10/2024 |
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
Description of the assets held in this capacity |
N/A | N/A |
|---|---|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A | ||
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A | ||
| Additional information (optional) Names and addresses of advisers (Optional information) Type of adviser Name Address |
|||
| Investment Managers | Coutts | 440 Strand London WC2R 0QS | |
| Bankers | Coutts | 440 Strand London WC2R 0QS | |
| Accountants | Charter Tax Consulting Limited |
8th Floor, 1 Southampton St, London WC2R 0LR |
|
| Independent Examiner | Katie Wilson | Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY |
Names and addresses of advisers (Optional information)
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Chris Thurlow Position (eg Secretary, On behalf of Ludlow Trust Company Chair, etc) Limited (Trustee) Date 20 March 2026
| The Johnson Family Foundation | 1210425 | ||
|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||
| 30/09/2024 For the period from |
To | 29/09/2025 |
| Section A Receipts and payments | Section A Receipts and payments | ||||
|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ - 13,614 - - - 13,614 - - - 13,614 10,000 - 5,150 621 3,000 - - 18,771 - - - 18,771 - 5,157 13,150 - 7,993 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - 800,000 200,000 - 1,000,000 129 - 129 1,000,129 - 129 - - - - - 129 900,000 - 900,000 900,129 100,000 - 13,150 - 86,850 |
Total funds to the nearest £ - 13,614 800,000 200,000 - 1,013,614 129 - 129 1,013,743 10,000 129 5,150 621 3,000 - - 18,900 900,000 - 900,000 918,900 94,843 - - 94,843 |
Last year to the nearest £ |
| Income from investments | - | - | |||
| Interest received | 13,614 | - | |||
| Additions from Settlor | - | - | |||
| HMRC Gift Aid | - | ||||
| - | - | ||||
| Sub total(Gross income for AR) |
13,614 |
- | |||
| A2 Asset and investment sales, (see table). |
|||||
| Sale of investments | - | - | |||
| - | - | ||||
| ~~Sub total~~ | - | - | |||
| Total receipts A3 Payments |
|||||
| - | |||||
| Grants awarded | 10,000 | - | |||
| Investment Manager Fees | - | - | |||
| Trust administration fees | 5,150 | - | |||
| Cash Management Charges | 621 | - | |||
| Trust Set UpFee | 3,000 | - | |||
| - | - | ||||
| - | - | ||||
| **Sub total ** | 18,771 | - | |||
| A4 Asset and investment purchases, (see table) |
|||||
Investmentpurchases |
- | - | |||
| - | |||||
| **Sub total ** | - | - | |||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||
| - | |||||
| - 5,157 | - | 100,000 | 94,843 | - | |
| 13,150 | - 13,150 | - | - | ||
| - | - | - | - | - | |
| 7,993 | - | 86,850 | 94,843 | - |
CCXX R1 accounts (SS)
20/03/2026
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Endowment funds to nearest £ 86,850 - - 86,850 OK Endowment funds to nearest £ - - - - - - Current value (optional) 971,932 - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 20 March 2026 |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Investment portfolio Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Capital account Income account Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - 7,993 - - - 7,993 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Endowment - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - Print Name Chris Thurlow on behalf of Ludlow Trust CompanyLtd(Trustee) |
|
| Date of approval |
|||
| Chris Thurlow on behalf of Ludlow Trust CompanyLtd(Trustee) |
20 March 202 | ||
CCXX R2 accounts (SS)
20/03/2026
2
Independent Examiner's Report to the Trustees of The Johnson Family Foundation
I report to the charity trustees on my examination of the accounts of the charity for the year ended 29 September 2025
Responsibilities and basis of report
As the charity’s trustees 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 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:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
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.
Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
20 March 2026 Date