# 







# 






# 



# 



# 









# 









# 



# 



# 



# 









# 



# 




||<br>`Notes`|<br>`2022`|<br>`2021`|
|---|---|---|---|
|||`£`|`£`|
|`Incomefrom:Charitableactivities`<br>`Schoolfeesreceivable`<br>`OtherancillaryIncome`<br>`Otherincome`|`wnne`|`17,187,546`<br>`1,134,759`<br>`533,139`|`15,168,878`<br>`545,315`<br>`222,123`|
|`Investments`||||
|`BankInterest`||`5,383`|`943`|
|`Totalincome`||`18,860,827`|`15,937,259`|
|`Expenditureon:`||||
|`Raisingfunds`<br>`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`||||












# 



# 









||||<br>`THEJOHNSONTRUSTLIMITED`|<br>`THEJOHNSONTRUSTLIMITED`|<br>|||
|---|---|---|---|---|---|---|---|
||`NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)`|||||||
|||`FOR`|`THEYEARENDED31`|`AUGUST`|`2022`|||
|<br>`STAFFCOSTSANDRELATEDPARTYTRANSACTIONS(CONTINUED)`||||||<br>||
|`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`|<br>`-`|`£150,000`||||`-`|`1`|
|`£160,001`|<br>`-`|`£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`|
||||<br> <br>`9,166,005`|<br> <br>`807,174`||<br> <br>`6,978,707`|<br> <br>`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`|
||||<br>`8,682,217`<br>|<br>`775,324`<br>||<br>`6,281,516`<br>|<br>`15,739,057`<br>|






















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









# 






||<br>`THEJOHNSONTRUSTLIMITED`|||
|---|---|---|---|
||`NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)`|||
||`FORTHEYEARENDED31AUGUST2022`|||
|<br>`19.`|<br>`PENSIONCOSTS(continued)`|||
||`Changesinthepresentvalueofthedefinedbenefit`|||
||`obligationareasfollows:`|||
|||`Defined`|`benefit`|
|||`pension`|`plans`|
|||`2022`|`2021`|
|||`£`|`£`|
||`OPENINGDEFINEDBENEFITOBLIGATION`<br>`Currentaccrualcost`|`3,165,000`|`3,307,000`|
||`Interestonliabilities`<br>`Actuariallosses(gains)`<br>`Increase(decrease)insecured pensionersvalueduetoexperience`|`53,000`<br>`(761,000)`|`52,000`<br>`(39,000)`|
||`Othermovements— benefitspaid`|`(153,000)`|`(155,000)`|
||`Total`|`2,304,000`|`3,165,000`|
||`Changesinfairvalueofplanassetsareasfollows:`|||
|||`Defined`|`benefit`|
|||`pension`|`plans`|
|||`2022`|`2021`|
|||`£`|`£`|
||`Openingfairvaiueofplanassets`<br>`Expectedreturn`<br>`Actuarialgains/(losses)`|`3,389,000`<br>`56,000`<br>`(645,000)`|`3,447,000`<br>`54,000`<br>`50,000`|
||`Increase(Decrease)insecuredpensionersvalueduetoexperience`<br>`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`|||





||<br>`THE`|<br> `JOHNSON`|<br> `TRUST`|<br>|<br>`LIMITED`|<br>`LIMITED`|<br>|||
|---|---|---|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS`||||||`(CONTINUED)`||||
|`FOR`|`THE`|`YEARENDED31`||`AUGUST`|||`2022`|||
|`19.`<br>`PENSIONCOSTS`<br>|`(continued)`<br>|||||||||
|||||||||`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`|<br>`(2,304,000)`||`(3,165,000)`||<br>`(3,307,000)`|||`(3,394,000)`|`(3,008,000)`|
|`Planassets`||`2,640,000`|`3,389,000`||<br>`3,447,000`|||`3,587,000`|`3,353,000`|
|`Surplus/(deficit)`||`336,000`|`224,000`||<br>`140,000`|||`193,000`|`345,000`|
|`Experience`<br>`adjustments`||||||||||
|`onplanliabilities`||`31,000`||`-`||`74,000`||`33,000`|`-`|
|`Experience`<br>`adjustments`||||||||||
|`onplanassets`||`645,000`<br>|`50,000`<br>||<br>|`33,000`<br>||`230,000`<br>|`(119,000)`<br>|