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|`Governors,OfficersandAdvisors`||
|---|---|
|`AnnualReportoftheGovernors`||
|`IndependentAuditor9sReport`|`17-19`|
|`StatementofFinancialActivities`||
|`BalanceSheet`||
|`StatementofCashFlows`||
|`NotestotheFinancialStatements`|`23`<br>`437`|








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# 2023 



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# 28 May 2024 




|||`Notes`|`2023`|`2022`|
|---|---|---|---|---|
||||`£`|`£`|
|`Incomefrom:Charitableactivities`<br>`Schoolfeesreceivable`<br>`Otherancillaryincome`<br>`Otherincome`||`WN`<br>`DY`|`19,647,477`<br>`1,301,236`<br>`341,284`|`17,187,546`<br>`1,134,759`<br>`533,139`|
|`Investments`<br>`BankInterest`|||`44,719`|`5,383`|
|`Totalincome`|||`21,334,716`|`18,860,827`|
|`Expenditureon:`|||||
|`Raisingfunds`<br>`Financingcosts`|||`269,818`|`127,508`|
|`CharitableActivities`<br>`Educational expenditure`||`6`|`19,972,704`|`_16,951,886`|
|`TotalExpenditure`|||`20,242,522`|`_17,079,394`|
|`Netincomefundsfromoperations`|||`1,092,194`|`1,781,433`|
|`Pensionschemeactuarialgains/(loss)`||`19`|`-`|`(224,000)`|
|`Netmovementinfundsforthe`|`year`||`1,092,194`|`1,557,433`|
|`Fundbalancesbroughtforwardat`|<br>`1September2022`||`17,625,037`|`16,067,604`|
|`Balancescarriedforwardat`|||`18,717,231`|`17,625,037`|
|`31August2023`|||||






||||`2023`|<br>`2022`|
|---|---|---|---|---|
||`Notes`|`£`|`£`|<br>`£`|
|`FIXEDASSETS`|||||
|`Tangibleassets`|`7`||`22,594,637`|`21,180,903`|
|`Investments`|`8`||`35,101`|`35,101`|
|`CURRENTASSETS`|||||
|`Stock`|`9`|`68,865`||`67,403`|
|`Debtors`|`10`|`1,222,564`||`1,351,902`|
|`Cashatbankandinhand`||`4,759,046`||`3,985,572`|
|||`6,050,475`||`5,404,877`|
|`CURRENTLIABILITIES:creditorspayabledue`|<br>`11`|`5,146,544`||`4,423,729`|
|`withinoneyear`|||||
|`NETCURRENTASSETS`|||`903,931`|`981,148`|
|`TOTALASSETSLESSCURRENT`|||||
|`LIABILITIES`|||`23,533,669`|<br>`22,197,152`|
|`LONG-TERMLIABILITIES:Creditorspayable`|||||
|`afteroneyear`|`12`||`(4,816,438)`|<br>`(4,572,115)`|
|`NETASSETSEXCLUDINGPENSION`|||||
|`SURPLUS`|||`18,717,231`|`17,625,037`|
|`Definedbenefitpensionsurplus`|`19`||`-`|<br>`-`|
|`NETASSETS`|||`18,717,231`|`17,625,037`|
|`REPRESENTEDBY:`|||||
|`RESERVES`|||||
|`Unrestrictedfunds`|`14`||`18,717,231`|`17,625,037`|
||||`18,717,231`|`17,625,037`|
|`Thesefinancialstatementswereapprovedby theGoverningBodyon26April2024and`||||`were`|
|`signedonitsbehalfby:`|||||
|`__Niekaronias`<br>`@overnor`|||||
|`Thenotesonpages23to37form`|`partofthesefinancialstatements.`||||
||`21`||||





||`THEJOHNSONTRUSTLIMITED`|`THEJOHNSONTRUSTLIMITED`|`THEJOHNSONTRUSTLIMITED`|`THEJOHNSONTRUSTLIMITED`|||
|---|---|---|---|---|---|---|
||`STATEMENTOFCASH`||`FLOWS`||||
|||`AT31AUGUST2023`|||||
|||`Notes`||`2023`||`2022`|
||||`£`|`£`|`£`|`£`|
|`Cashflowsfromoperatingactivities`||<br>`17`|||||
|`Netcashfromoperations`||||`2,921,416`||`2,181,974`|
|`Cashflowsfrominvestingactivities`|||||||
|`Paymentsfortangiblefixed`|`assets`|`(2,214,579)`|||`(1,216,913)`||
|`Receiptsfromdisposaloffixedassets`||`600`|||`-`||
|`Bankinterestreceived`||`44,719`|||`5,383`||
|||||`(2,169,260)`||`(1,211,530)`|
|`Cashflowfromfinancing`|`activities`||||||
|`Financecostspaid`||`(269,818)`|||`(127,508)`||
|`Longtermloanadvance`||`500,000`|||`-`||
|`Longtermloanrepaid`||`(208,864)`|||`(1,113,294)`||
|||||`21,318`||`(1,240,802)`|
|`Changeincashinperiod`||`18`||`773,474`||`(270,358)`|
|`Cashatbeginningofreporting`|||||||
|`period`||||`3,985,572`||`4,255,930`|
|`Cashatendofreporting`|`period`|||`4,759,046`||`3,985,572`|





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# 






|`THEJOHNSONTRUSTLIMITED`|||
|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)`|||
|`FORTHEYEARENDED31AUGUST`|`2023`||
|`OTHERINCOME`|||
||`2023`|`2022`|
||`£`|`£`|
|`NetgainondisposalofFixedAssets`|`600`|`-`|
|`Rentsandhirereceived`|`309,359`|`436,889`|
|`Sundry`|`31,325`|`96,250`|
||`341,284`|`533,139`|
|`EXPENDITURE`|||
||`2023`|`2022`|
||`£`|`£`|
|`NETINCOMINGRESOURCESSTATEDAFTER`|||
|`CHARGING:`|||
|`Depreciationoftangiblefixedassets`|`800,845`|`807,174`|
|`Bankandloaninterestpayable`|`269,818`|`127,508`|
|`Auditors9remuneration`|||
|`-forauditservices`|`32,868`|`32,220`|
|`-otherservices`|`-`|`-`|
|`STAFFCOSTSANDRELATEDPARTYTRANSACTIONS`|||
||`2023`|`2022`|
||`£`|`£`|
|`Theaggregatepayrollcostsfortheyearwereasfollows:`|||
|`Wagesandsalaries`|`8,252,604`|`7,040,486`|
|`Socialsecuritycosts`|`826,221`|`724,287`|
|`Pensioncosts`|`1,570,586`|`1,350,863`|
|`Externalcontractors`|`63,596`|`50,369`|
||`10,713,007`|`9,166,005`|






|||`THEJOHNSONTRUST`|`THEJOHNSONTRUST`|`LIMITED`|`LIMITED`|||
|---|---|---|---|---|---|---|---|
||`NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)`|||||||
||`FOR`|`THE`|`YEARENDED31`|`AUGUST`|`2023`|||
|`STAFFCOSTSANDRELATED`|||`PARTYTRANSACTIONS(CONTINUED)`|||||
|`Theaveragenumberofemployeesona headcountbasisduring`|||||`theyear`|`wasmadeup as`||
|`follows:`||||||||
|||||||`2023`|`2022`|
|||||||`£`|`£`|
|`Teaching`||||||`201`|`170`|
|`Office`||||||`30`|`29`|
|`Domestic`||||||`23`|`23`|
|`Grounds`|`andEstates`|||||`16`|`16`|
|||||||`270`|`238`|
|`Thenumberofhigherpaid`||`employeeswas:`||||||
|`£60,001`|`-£70,000`|||||`5`|`4`|
|`£70,001`|`-£80,000`|||||`2`|`3`|
|`£80,001`|`-£90,000`|||||`3`|`-`|
|`£170,001`|<br>`-£180,000`|||||`-`|`1`|
|`£200,001`|<br>`-£210,000`|||||`1`|`-`|
|`ANALYSISOFTOTALRESOURCESEXPENDED`||||||||
|`2023`|||`Staffcosts`|`Depn`||`Other`|`Total`|
||||`£`||`£`|`£`|`£`|
|`Educationalexpenditure`||||||||
|`Teaching`|||`8,617,237`|`141,568`||`2,396,894`|`11,155,699`|
|`Welfare`|||`462,663`||`-`|`2,070,940`|`2,533,603`|
|`Premises`|||`560,285`|`524,828`||`3,161,863`|`4,246,976`|
|`Support`|||`1,072,822`|`134,449`||`829,155`|`2,036,426`|
||||`10,713,007`|`800,845`||`8,458,852`|`19,972,704`|
|`2022`|||`Staffcosts`|`Depn`||`Other`|`Total`|
||||`£`||`£`|`£`|`£`|
|`Educationalexpenditure`||||||||
|`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`|






||`THEJOHNSON`|`THEJOHNSON`|`TRUSTLIMITED`|`TRUSTLIMITED`|||
|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIAL`|||`STATEMENTS(CONTINUED)`||||
||`FORTHEYEARENDED31AUGUST2023`||||||
|`TANGIBLEFIXEDASSETS`|||||||
||`Freehold`||`Plantand`|<br>`Fixtures,`|`Motor`|`Total`|
||`landand`||`machinery`|<br>`fittings& `|`vehicles`||
||`buildings`|||`equipment`|||
||`£`||`£`<br>`£`||`£`|`£`|
|`Cost`|||||||
|`At`<br>`1September2022`|<br>`24,314,729`||`1,536,065`|<br>`1,739,523`|`180,135`|`27,770,452`|
|`Additions`<br>`Disposals`|`1,931,803`|<br>`z`|`38,884`|<br>`209,642`<br>`-`<br>`-`|`34,250`<br>`(24,550)`|`2,214,579`<br>`(24,550)`|
|`At31August2023`|`26,246,532`||`1,574,949`|<br>`1,949,165`|`189,835`|`29,960,481`|
|`Depreciation`|||||||
|`At`<br>`1September2022`|<br>`4,081,291`||`1,280,323`|<br>`1,055,570`|`172,365`|`6,589,549`|
|`ChargeforYear`|`524,828`||`54,793`|<br>`213,445`|`7,779`|`800,845`|
|`Disposals`||`-`||`-`<br>`-`|`(24,550)`|`(24,550)`|
|`At31August2023`|`4,606,119`||`1,335,116`|<br>`1,269,015`|`155,594`|`7,365,844`|
|`Netbookvalues`|||||||
|`At31August2023`|`21,640,413`||`239,833`|<br>`680,150`|`34,241`|`22,594,637`|
|`At31August2022`|`20,233,438`||`255,742`|<br>`683,953`|`7,770`|`21,180,903`|
|`Allassetsareusedforcharitablepurposes.`|||||||
|`Includedwithinfreeholdlandandbuildings`||`is`|`non-depreciatedlandat£632,995.`||||
|`Includedwithinfreeholdlandandbuildings`||`areassetsunder`||`constructiontotalling`|`£977,988.`||





















|||`THEJOHNSON`|`TRUSTLIMITED`||||
|---|---|---|---|---|---|---|
||`NOTESTOTHEFINANCIAL`||`STATEMENTS(CONTINUED)`||||
||`FOR`|`THEYEARENDED31AUGUST`||`2023`|||
|`16.`|`LEASES`||||||
||||||`2023`|<br>`2022`|
||`Commitmentsunderoperatingleases`||||`£`|<br>`£`|
||`Minimumleasepayments:`||||||
||`Withinoneyear`||||`1,314`|<br>`1,752`|
||`Betweenoneandfiveyears`||||`-`|<br>`1,314`|
||||||`1,314`|<br>`3,066`|
||`RentalIncome`||||||
||`Thefutureminimumlease`|`incomeundershortholdtenancyagreements`|||`(i.e.upto`|`amaximumof`|
||`oneyearduration)is£5,218(2022:£5,143).`||||||
|`17.`|`RECONCILIATIONOFNETINCOMINGRESOURCESTONETCASH`||||`INFLOWFROM`||
||`OPERATINGACTIVITIES`||||||
||||||`2023`|`2022`|
||||||`£`|`£`|
||`Netincomingresources`|`beforevaluations`|||`1,092,194`|`1,781,433`|
||`Financingcosts`||||`269,818`|`127,508`|
||`Bankinterestreceived`||||`(44,719)`|<br>`(5,383)`|
||`Depreciationcharge`||||`800,845`|`807,174`|
||`Profitsondisposaloffixedassets`||||`(600)`|<br>`-`|
||`(Increase)instocks`||||`(1,462)`|<br>`(1,622)`|
||`(Increase)/decreaseindebtors`||||`129,338`|`(322,634)`|
||`(Decrease)/increaseincreditors`||||`465,884`|`(402,972)`|
||`Increase/(decrease)inadvancedfees`||||`(94,882)`|<br>`134,623`|
||`Increaseindeposits`||||`305,000`|`63,847`|
||`Netcashinflowfromoperatingactivities`||||`2,921,416`|`2,181,974`|
|`18.`|`RECONCILIATIONOFNETCASHINFLOW`||`TOMOVEMENTIN`|`NETDEBT`|||
||||||`2023`|`2022`|
||||||`£`|`£`|
||`(Decrease)/increaseincashintheyear`||||`773,474`|`(270,358)`|
||`Longtermloanadvanced`||||`(500,000)`|`-`|
||`Longtermbankloansrepaid`||||`208,864`|`1,113,294`|
||`Movementinnetdebt`||||`482,338`|`842,936`|
||`Netdebtat`<br>`1September`|`2022`|||`(727,468)`|`(1,570,404)`|
||`Netdebtat31August2023`||||`(245,130)`|`(727,468)`|
||`ANALYSISOFNETDEBT`||`At`|||`At`|
|||||`1`||`31August`|
||||`September`||||
||||`2022`||`Cashflow`|<br>`2023`|
|||||`£`|`£`|<br>`£`|
||`Cash`||`3,985,572`||`773,474)`|<br>`4,759,046`|
||`Debtduewithinoneyear`||`(205,206)`||`(17,099)`|<br>`(222,305)`|
||`Debtdueaftermorethan`|`oneyear`|`(4,507,834)`||`(274,037)`|`(4,781,871)`|
||`Netdebtat31August2023`||`(727,468)`||`482,338`|<br>`(245,130)`|
||||`34`||||





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