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||`Notes`|`2024`|`2023`|
|---|---|---|---|
|||`£`|`z`|
|`Incomefrom:Charitableactivities`||||
|`Schoolfeesreceivable`||`21,199,114`|`19,647,477`|
|`Otherancillaryincome`||`1,480,672`|`1,301,236`|
|`Otherincome`||`356,407`|`341,284`|
|`Investments`||||
|`BankInterest`||`129,084`|`44,719`|
|`Totalincome`||`23,165,277`|`21,334,716`|
|`Expenditureon:`||||
|`Raisingfunds`||||
|`Financingcosts`||`343,584`|`269,818`|
|`CharitableActivities`||||
|`Educationalexpenditure`||`21,809,270`|`19,972,704`|
|`TotalExpenditure`||`22,152,854`|`20,242,522`|
|`Netincomefundsfromoperations`||`1,012,423`|`1,092,194`|
|`Pensionschemeactuarialgains/(loss)`|`19`|||
|`Netmovementinfundsfortheyear`||`1,012,423`|`1,092,194`|
|`Fundbalancesbroughtforwardat1 September2023`||`18,717,231`|`17,625,037`|
|`Balancescarriedforwardat`||`19,729,654`|`18,717,231`|
|`31August2024`||||






||`THE`|`JOHNSON`|`TRUSTLIMITED`|`TRUSTLIMITED`|||
|---|---|---|---|---|---|---|
|||`BALANCESHEET`|||||
|||`AT31AUGUST2024`|||||
||||||`2024`|`2023`|
||||`Notes`|`£`|<br>`£`|`£`|
|`FIXEDASSETS`|||||||
|`Tangibleassets`|||`7`||`24,438,273`|`22,594,637`|
|`Investments`|||`8`||`35,101`|`35,101`|
|`CURRENTASSETS`|||||||
|`Stock`|||`9`|`65,556`||`68,865`|
|`Debtors`|||`10`|`826,515`||`1,222,564`|
|`Cashatbankandinhand`||||`7,528,824`||`4,759,046`|
|||||`8,420,895`||`6,050,475`|
|`CURRENTLIABILITIES:`|`creditors`|`payabledue`|`11`|`6,499,105`||`5,146,544`|
|`withinoneyear`|||||||
|`NETCURRENTASSETS`|||||`1,921,790`|`903,931`|
|`TOTALASSETSLESSCURRENT`|||||||
|`LIABILITIES`|||||`26,395,164`|`23,533,669`|
|`LONG-TERMLIABILITIES:Creditorspayable`|||||||
|`afteroneyear`|||`12`||`(6,665,510)`|`(4,876,438)`|
|`NETASSETSEXCLUDINGPENSION`|||||||
|`SURPLUS`|||||`19,729,654`|`18,717,231`|
|`Definedbenefitpension`|`surplus`||`19`||`-`|`-`|
|`NETASSETS`|||||`19,729,654`|`18,717,231`|
|`REPRESENTEDBY:`|||||||
|`RESERVES`|||||||
|`Unrestrictedfunds`|||`14`||`19,729,654`|`18,717,231`|
||||||`19,729,654`|`18,717,231`|
|`Thesefinancialstatements`|`wereapprovedbythe`||`GoverningBodyon21`||`March2025and`|`were`|
|`signedonitsbehalfby:`|||||||
|`AndrewHayes`|||||||
|`Governor`|||||||





## 

||`Notes`|`£`|`£`|`2024`<br>`£`|`£`|`2023`<br>`£`|
|---|---|---|---|---|---|---|
|`Cashflowsfromoperatingactivities`<br>`Netcashfromoperations`|`17`|||`5,935,203`||`2,921,416`|
|`Cashflowsfrominvestingactivities`<br>`Paymentsfortangiblefixedassets`<br>`Receiptsfromdisposaloffixedassets`<br>`Bankinterestreceived`||`(2,764,120)`<br>`700`<br>`129,084`|<br> <br>|`(2,634,336)`|`(2,214,579)`<br>`600`<br>`44,719`|`(2,169,260)`|
|`Cashflowfromfinancingactivities`<br>`Financecostspaid`<br>`Longtermloanadvance`<br>`Longtermloanrepaid`||`(343,584)`<br>`(187,505)`|<br>`:`<br>||`(269,818)`<br>`500,000`<br>`(208,864)`||
|||||`(531,089)`||`21,318`|
|`Changeincashinperiod`|`18`|||`2,769,778`||`773,474`|
|`Cashatbeginningofreporting`<br>`period`||||`4,759,046`||`3,985,572`|
|`Cashatendofreportingperiod`||||`7,528,824`||`4,759,046`|





# 



# 










|`Theaveragenumberofemployeesona headcountbasisduring`|`Theaveragenumberofemployeesona headcountbasisduring`|`Theaveragenumberofemployeesona headcountbasisduring`|`Theaveragenumberofemployeesona headcountbasisduring`|`theyearwasmade`|`theyearwasmade`|`up as`|`up as`|
|---|---|---|---|---|---|---|---|
|`follows:`||||||||
||||||`2024`||`2023`|
||||||`£`||`£`|
|`Teaching`|||||`204`||`201`|
|`Office`|||||`31`||`30`|
|`Domestic`|||||`25`||`23`|
|`Grounds`|`andEstates`||||`19`||`16`|
||||||`279`||`270`|
|`Thenumberofhigherpaidemployeeswas:`||||||||
|`£60,001`|`-`|`£70,000`|||`7`||`5`|
|`£70,001`|`-`|`£80,000`|||`2`||`2`|
|`£80,001`<br>`£90,001`|`-`<br>`-`|`£90,000`<br>`£100,000`|||`3`<br>`4`||`3`<br>`-`|
|`£200,001`<br>`£220,001`|<br>|`-£210,000`<br>`-£230,000`|||`4`|`-`<br>|`1`<br>`-`|
|`ANALYSISOFTOTALRESOURCESEXPENDED`||||||||
|`2024`||`Staffcosts`|`Depn`||`Other`||`Total`|
|||`£`||`£`|`£`||`£`|
|`Educationalexpenditure`||||||||
|`Teaching`||`9,468,065`|`257,556`||`2,542,016`||`12,267,637`|
|`Welfare`||`591,681`||`-`|`2,131,811`||`2,723,492`|
|`Premises`||`701,098`|`550,194`||`3,241,127`||`4,492,419`|
|`Support`||`1,227,530`|`112,734`||`985,458`||`2,325,722`|
|||`11,988,374`|`920,484`||`8,900,412`||`21,809,270`|
|`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`|







|`TANGIBLEFIXEDASSETS`|||||||
|---|---|---|---|---|---|---|
||`Freehold`|`Plantand`|`Fixtures,`||`Motor`|<br>`Total`|
||`landand`|`machinery`|`fittings& `||`vehicles`||
||`buildings`||`equipment`||||
||`£`|`£`||`£`|`£`|`£`|
|`Cost`|||||||
|`At1 September2023`|`26,246,532`|`1,574,949`|`1,949,165`||`189,835`|`29,960,481`|
|`Additions`|`1,940,951`|`428,978`|`369,441`||`24,750`|`2,764,120`|
|`Disposals`|||||||
|`At31August2024`|`28,187,483`|`2,003,927`|`2,318,606`||`214,585`|`32,724,601`|
|`Depreciation`|||||||
|`At1 September2023`|`4,606,119`|`1,335,116`|`1,269,015`||`155,594`|`7,365,844`|
|`ChargeforYear`|`550,194`|`102,543`|`255,148`||`12,599`|`920,484`|
|`Disposals`|||||||
|`At31August2024`|`5,156,313`|`1,437,659`|`1,524,163`||`168,193`|`8,286,328`|
|`Netbookvalues`|||||||
|`At31August2024`|`23,031,170`|`566,268`|`794,443`||`46,392`|`24,438,273`|
|`At31August2023`|`21,640,413`|`239,833`|`680,150`||`34,241`|`22,594,637`|
|`Allassetsareusedforcharitablepurposes.`|||||||
|`Includedwithinfreeholdlandandbuildingsisnon-depreciated`|||`landat£632,995.`||||
|`Includedwithinfreeholdlandandbuildingsareassetsunder`<br>`£977,988).`|||`construction`|`totalling`|`£132,584`|`(2023:`|











|||`THEJOHNSONTRUSTLIMITED`|||
|---|---|---|---|---|
|||`NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)`|||
|||`FORTHEYEARENDED31AUGUST2024`|||
|`12.`|`CREDITORS:amountsfallingdueaftermorethanoneyear`||||
||||`2024`|`2023`|
||||`£`|`£`|
||`Bankloan`||`4,663,491`|`4,781,871`|
||`Feesin`|`advancescheme`|`2,002,019`|`34,567`|
||||`6,665,510`|`4,816,438`|
||`Loanmaturity analysis`||||
||`Debtdueinoneyearorless`||`153,180`|`222,305`|
||`Inmore`|`thanoneyearbutnotmorethantwoyears`|`153,180`|`222,305`|
||`Inmore`|`thantwoyearsbutnotmorethanfiveyears`|`459,540`|`666,916`|
||`Inmore`|`thanfiveyears`|`4,050,771`|`3,892,650`|
||||`4,816,671`|`5,004,176`|
||`Included`|`inliabilitiesfallingduewithintheyear`|`(153,180)`|`(222,305)`|
||||`4,663,491`|`4,781,871`|
||`Thebankloansaresecuredbya `<br>`firstlegalchargeoversomeofthefreeholdassetsof`|||`thecompany`|
||`andalso`|`bya bankdebenturedated14February2014.`|||
||`Interestischargedonthefirstloanat1.7%aboveBarclaysBankPLCbaserateandis`|||`repayableby`|
||`2025but`|`withtheloanmaturityanalysisbasedontherepaymentprofilewhichiscalculatedona 25`|||
||`yearamortisation.Interestischargedon thesecondloanat1.8%above`||`BarclaysBankPLCbase`||
||`rateand`|`isrepayableby2027butwiththeloanmaturityanalysisbased`|`ontherepaymentprofile`||
||`whichis`|`calculatedona 25yearamortisation.`|||















# 







|`19.`<br>`PENSIONCOSTS(continued)`|`19.`<br>`PENSIONCOSTS(continued)`||||||
|---|---|---|---|---|---|---|
|`Thelongtermexpectedrates`|`ofreturnareasfollows:`||||||
|||||`2024`||`2023`|
|||||`%`||`%`|
|`DiscountRate4 basedonDeloittesingleequivalentdiscountratefora `||||`4.90`||`5.45`|
|`15yearduration`|||||||
|||||`2024`||`2023`|
|`Post-retirementmortalityifretiringtoday:`||||`Years`||`Years`|
|`Males4 currentlyaged65`||||`21.0`||`21.6`|
|`Females4 currentlyaged65`||||`23.3`||`23.8`|
|`Retiringin20years:`|||||||
|`Males4 currentlyaged45`||||`22.3`||`22.9`|
|`Females4 currentlyaged45`||||`24.8`||`25.3`|
|`Amountsforthecurrentandpreviousfourperiods`||`areasfollows:`|||||
|`Definedbenefitpensionplans`|||||||
||`2024`|`2023`|`2022`|`2021`||`2020`|
||`£000`|`£000`|`£000`|`£000`||`£000`|
|`Definedbenefitobligation`|`(1,913)`|`(1,962)`|`(2,304)`|`(3,165)`||`(3,307)`|
|`Planassets`|`2,330`|`2,365`|`2,640`|`3,389`||`3,447`|
|`Surplus/(deficit)`|`417`|`403`|`336`|`224`||`140`|
|`Experience`<br>`adjustments`|||||||
|`onplanliabilities`|`(12)`|`(12)`|`31`||`-`|`74`|
|`Experience`<br>`adjustments`|||||||
|`onplanassets`|`36`|`(226)`|`645`|`50`||`33`|