2022-08-31-accounts

	Notes	2022	2021
		£	£
Incomefrom:Charitableactivities Schoolfeesreceivable OtherancillaryIncome Otherincome	wnne	17,187,546 1,134,759 533,139	15,168,878 545,315 222,123
Investments
BankInterest		5,383	943
Totalincome		18,860,827	15,937,259
Expenditureon:
Raisingfunds Financingcosts		127,508	114,748
CharitableActivities
Educationalexpenditure		16,951,886	18,739,057
TotalExpenditure		17,079,394	15,853,805
Netincomefundsfromoperations		1,781,433	83,454
Pensionschemeactuarialgains/(loss)	19	(224,000)	89,000
Netmovementinfundsfortheyear		1,557,433	172,454
Fundbalancesbroughtforwardat1 September2021		16,067,604	15,895,150
Balancescarriedforwardat		17,625,037	16,067,604
31August2022

			THEJOHNSONTRUSTLIMITED	THEJOHNSONTRUSTLIMITED
	NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)
		FOR	THEYEARENDED31	AUGUST	2022
STAFFCOSTSANDRELATEDPARTYTRANSACTIONS(CONTINUED)
Theaveragenumberofemployeesona headcountbasisduring					theyear	wasmadeupas
follows:
						2022	2021
						£	£
Teaching						170	183
Office						29	26
Domestic						23	24
Grounds	andEstates					16	14
						238	247
Thenumberofhigherpaid			empioyeeswas:
£60,001	-£70,000					4	4
£70,001	-£80,000					3	3
£140,001	-	£150,000				-	1
£160,001	-	£170,000				1	-
ANALYSIS		OFTOTALRESOURCESEXPENDED
2022			Staffcosts	Depn		Other	Total
			£		£	£	£
Educational expenditure
Teaching			7,314,562	212,278		2,782,316	10,309,156
Welfare			421,791		-	1,633,200	2,054,991
Premises			523,555	487,254		1,758,026	2,768,835
Support			906,097	107,642		805,165	1,818,904
			9,166,005	807,174		6,978,707	16,951,886
2021			Staffcosts	Depn		Other	Total
			£		£	£	£
Educationalexpenditure
Teaching			6,942,877	193,057		1,020,086	8,156,020
Welfare			421,973		-	1,268,782	1,690,755
Premises			483,286	484,400		2,520,069	3,487,755
Support			834,081	97,867		1,472,579	2,404,527
			8,682,217	775,324		6,281,516	15,739,057

14.	MOVEMENTONFUNDS	MOVEMENTONFUNDS
	14.1	MOVEMENTON	FUNDS2022
			Balance					Balance
			at?					at34
		September			Incoming	Resources	Gains/	August
			2021		Resources	Expenditure	(Losses)	2022
			£		£	£	£	£
	Total	Unrestricted
	Funds		16,067,604		18,860,827	(17,079,394)	(224,000)	17,625,037
	AnalysisofNetAssets		between	funds
						NetCurrent
			Fixed			Assets/	Longterm
			Assets		Investments	(Liabilities)	Liabilities	Total
				£	£	£	£	£
	UnrestrictedFunds= 21,180,903				35,101	981,148	(4,572,115)	17,625,037
	14.2	MOVEMENTON	FUNDS2021
			Balance					Balance
			at?					at31
		September			Incoming	Resources	Gains/	August
			2020		Resources	Expenditure	(Losses)	2021
			£		£	£	£	£
	Total	Unrestricted
	Funds		15,895,150		15,937,259	(15,853,805)	89,000	16,067,604
	AnalysisofNetAssets		between	funds
						NetCurrent
			Fixed			Assets/	LongTerm	Pension
			Assets		Investments	(Liabilities)	Liabilities	|Surplus	Total
				£	£	£	£	£	£
	UnrestrictedFunds=		20,771,164		35,107	625,420	(5,588,081)	224,000	16,067,604

	THEJOHNSONTRUSTLIMITED
	NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)
	FORTHEYEARENDED31AUGUST2022
19.	PENSIONCOSTS(continued)
	Changesinthepresentvalueofthedefinedbenefit
	obligationareasfollows:
		Defined	benefit
		pension	plans
		2022	2021
		£	£
	OPENINGDEFINEDBENEFITOBLIGATION Currentaccrualcost	3,165,000	3,307,000
	Interestonliabilities Actuariallosses(gains) Increase(decrease)insecured pensionersvalueduetoexperience	53,000 (761,000)	52,000 (39,000)
	Othermovements— benefitspaid	(153,000)	(155,000)
	Total	2,304,000	3,165,000
	Changesinfairvalueofplanassetsareasfollows:
		Defined	benefit
		pension	plans
		2022	2021
		£	£
	Openingfairvaiueofplanassets Expectedreturn Actuarialgains/(losses)	3,389,000 56,000 (645,000)	3,447,000 54,000 50,000
	Increase(Decrease)insecuredpensionersvalueduetoexperience Otheramounts	(160,000)	(162,000)
		2,640,000	3,389,000
	Themajorcategoriesofplanassetsasa percentageoftotalplanassetsareas
	follows:
		2022	2021
		%	%
	Otherassets	100.00	100.00
	Themajorassumptionsusedbytheactuarywere:
		2022	2021
		%	%
	Rateofincreaseinpensionsinpayment	3.50	3.25
	Inflationassumption— futureincreaseinRPI	3.65	3.35
	Thelongtermexpectedratesofreturnareasfollows:
		2022	2021
		%o	%
	DiscountRate— basedonDeloittesingleequivalentdiscountratefora	4.30	1.70
	15yearduration
	38

	THE	JOHNSON	TRUST		LIMITED	LIMITED
NOTESTOTHEFINANCIALSTATEMENTS						(CONTINUED)
FOR	THE	YEARENDED31		AUGUST			2022
19. PENSIONCOSTS	(continued)
								2022	2021
Post-retirementmortalityif		retiringtoday:						Years	Years
Males— currentlyaged65								22.2	22.1
Females— currentlyaged	65							24.3	24.2
Retiringin20years:
Males— currentlyaged45								23.5	23.4
Females— currentlyaged	45							25.8	25.7
Amountsforthecurrent andpreviousfourperiodsareas					follows:
Definedbenefitpensionplans
		2022	2021				2020	2019	2018
		£		£			£	£	£
Definedbenefitobligation	(2,304,000)		(3,165,000)		(3,307,000)			(3,394,000)	(3,008,000)
Planassets		2,640,000	3,389,000		3,447,000			3,587,000	3,353,000
Surplus/(deficit)		336,000	224,000		140,000			193,000	345,000
Experience adjustments
onplanliabilities		31,000		-		74,000		33,000	-
Experience adjustments
onplanassets		645,000	50,000			33,000		230,000	(119,000)