ANN JOHNSON?S EDUCATIONAL FOUNDATION
TRUSTEES* REPORT ALYD ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2023
Charity Number: 310799

ANN JOHNSON'S EDUCATIONAL FoU￿￿ATION
NOTES TO THE ACCOi)NTS
CONTENTS:.
Py No:
Statement of A8sets and LiabiltU¢s
7-11

ANFI JOHNSOWS EDUCATIONAL FOUNDATION
N(YrLs TO THE ACCOiiNTS
YEAR ENDED 30 SEPTLMBER 2023
The Foundation is 8 C￿lty, uninco• a&80ciatio￿ charity re8t8trniion numbu 3107W,
of 5 Sprin8fiddLyon8 Apprna¢￿ Chclm5ford CM2 51B.
It 18 8ov¢rncd by a scheme 8e4lrd by the Ctharity commi￿10￿er8 onthe I lth dayof S¢pt¢mber 1985.
The Coyernors (Thut¢e8) comprise:
Mr A J Mitty, Mr Mint4 Ms R Connolly MT5 N Hiom, Ms AFeisL Mr M kiek Mrs A Davi¢s. Mr
A Ball and Cl]r APd¢Quigga
The clerk is M I)orsdi Mr5 K Sil4ra is AdmIri￿r￿.
The battkers are CAF Bank Kin8s HilL Wc8t Malling, Kent ME19 4JQ.
The solicitor8 arc Gcpp & Son& 5 Springfield Lyoms Appro¥ty Chelmsford CM2 51B.
The accountsllts Its￿nsIble for examining th¢ &ccovnts are Richard￿ & Co Accountants.
Cornisb & Susscx Suit4 Hou8e 3, Lynderywood Busititts Part B1￿k Notley CM77 8JT.
Tr pvryost ofthe Tr￿t
Tkn purpose of the Tn￿1 is to pmvid¢ fin¥m¢L￿ to indiv1th￿IS undet age of 25 years to
furth¢r th¢ir educatio￿ and schools Jnd colleges Within the fixm¢r muDi¢ipal knrough of Ch¢]msfonl
d parishes adioiJJiDg thereto.
Trnst Atsets
The pernawt ¢lldowmcllt of the dwity 18 held ￿ strt exchonge inv¢sttntsAts. Th¢ trostees will not
spend the penuauart elldowmen¢ unle&8 tlw have gocKI ￿480ll so to do, and prior to any swh
expenditur¢ will itifornL th¢ Charity ComM￿810n of their decision and their re4sons formaking such a
decision. Such expenditure is subicct to thc apwov41 ofthe awity Cojnmissio
The acdvfitie8 *cldevements of the Trust
Th¢ ¢harity's incotDe is d¢rived fr(Kn its pmonent eThknvment stock m8zket inv¢8ttn¢nts.
A total of £3Q.200.91 was trceived in the curtent yw. £23293.87 was illthe year thded
30th S¢ptanber 21)22.
Applications for grants ar¢ ill￿ted by advwti8iag in schools and colleges in the qualifying di&ttic
tktaijs of tlLe charity are alw maintsin¢xl on datab￿ run by I￿81 OTgBnisation8. Applications are
considered by two sub Conu￿tte*S who m8k¢ r￿0￿MIendatiOns to the governo￿ vthi meet quarterly.
the ¢utrent year £2.750 was paid to 3 Indivi(￿ applicants. compared with £10.900 to 8 individuals
in ￿ellded 3￿ Sqrt¢miw2022. £7.CW wa8 paid to 8clw]s illthe cutrtLt year. compar&1 to £5.(KX)
IL the yearto 30 S¢ptcmber 2022.

ANY JOlllYSON'S EDUCATIONAL FOUNDATION
NOTES TO ACCOUNTS
YEAR ENDED 30 SEFfEMBER 2023
The ac¢ovnts
The charity's total incom¢ (excluding the sale of assets) is l¢ss th8D the smaIl ¢harity's th￿ShOld of
£250,000 and a reeeipts andpayments account lths tbe¥efore beenprpaTCd.
The chty's assets hav¢ bcen invesW in ￿)[dan￿ with the pow¢r5 avoilabk tothe bith.
The clwity budgets to eXpe￿j its income a￿1 will rtot itw ¢xpeDditu¥c which is not covered by
futuK income. Tll view ofthig policy. a speafr resTh policy As not nete88ary. but th¢ trustees will at
all times be prudent in thcir ¢xpenditJJm.
The thty d￿8 ts)t acl as ruth1ian for 8ny otherclwity.
RA$k Assesiment
The Iruste¢s' piitDary risk is tho loss in va￿￿ of the charty's fut¥Js.
As a result of the Sale of the clwity's frthld prowty in 2011 the p¢mJane4)t ¢on8ists of
stock exchange investrnents wbich arc n￿REed by the charity's stockbmk¢L3. The trustees review the
perforniance of th¢ inv¢slment5 annualty to monitor the perforniallc¢ of the 8tockbrokLY&
The employment of a 801icitor lo admi￿1￿ the charity gives fitll PTOtection frnm negligence or fixud
knth from the 801icitor's indemnity iosurance (£25 millTon limit)and th¢Law SoGi¢ty's indemnity fimd.
The risk of misapplication of grants 18 low be(ause grdnts are only giv¢ll to well-known and so]idly
tablished locaI schools or to individual young pwle who ar¢ ptrsonally 1ntenri￿￿ and means
The truste¢s have ￿ltie￿Ity eX￿nined theit C4Mdud and considu that th¢ir oonduct of the charity's
MrAJMitty
(Chairman of the Boord of Governors)

JOHNSOTrI'S EDUCATIONAL FOUNDATIOIY
I report to the charity In￿tC¢S on my exaMi￿Oll of the of the CoJDpaay for thc year end
Sept¢mber 2023, which 8r¢ 8& out on pag¢s 5 to l l.
Re8pon8lblUtle8 amd b#si¥ of Teport
As th¢ charity's t￿￿t¢¢$ of the C(Nnpany (and also its direc￿ f¢x the purp[￿ of wmpany law) you
are responsible for the preparation of the a¢wunts in ￿dallee with the rnwirements of the
Companies Aet 2006 Cth¢ 2006 Act.)
Having satisfied myself that the a¢coullts oftk Cowy not rrquired to be audited underPart 16
of the 21X)6 Act and are eli￿￿1¢ for inde￿1 exemitiatiofy I report iti resm of my examinatioll of
our charity's ￿OUnts a5 caTri¢d out under se￿10n 145 of the Charities Act 2011 ('th¢ 2011 aL*'). tn
8¢cLion 145 {5)(b) of the 2011 A¢1.
I hhve o)mplefrd my ¢Xami￿On. I thai no matler has come to our attelllion in (x)llnection
with tILe ex3minationsiving me Ixuse lo beli
I. AccL)untÉng re￿d$ wer¢ llot kepl in res￿ of Ann Johnson's F￿￿tional Foundation
requir¢dby section 386 of the 2006 A¢< of
3. The accOu￿S do ty)t Cotllpty with the a(*7)U￿ requimert£ of section of the 2￿6 Act
oth¢r than any Eequirement that the accounts giv¢ a and fair vi¢w' which is not a matt
4. The acrA)unts ha￿ not been prepared in accordw with tbc Tnetbfyjs and principles of the
StateD)an of R¢comm¢th P￿Ctic4 for a¢¢ountin8 and rep)rting by cknities [applicable to
appli￿ble in the UK8nd Repub]ic of Treland (FRS [02)]
I bave no conc¢ms alldhave ￿m¢ acr(18s no othcrmott¢rs in ¢onoe¢tion witb the eXan)I￿on to which
att¢nlion shoum iK ill this T¢￿irt ill orts to athbl¢ a woptt of th¢ a￿ullI8 to be
4cb¢(L
ITd¢p¢nd¢n* Exatniner
Comish & Su68ex Suits
House 3
Black Notl¢y
CM77 &IT
28. May 2024

ANI4 IOHNSOWS EDLTCATIOFIAL FOI.YDATION
RKCEtPTS AND PAYMENTS AccOu￿r
YEAR LYIIKDJO 8RFfEMBER2011
T•tsl
In¢om¢ fr(An
29963.
29.963.20
21.018.36
Ch&iLi¢8 Depr￿AtE￿nd
0.14
220.61
16.96
14
220.01
1&96
275.51
303(Q.91
302Th1.91
2YJ.87
of 4¥5ets
Inv¢stllMts
61.79527
61,795.27
135.303.10
91
18
158.596J7
(karts.. so￿￿ts.
1750.
7.1￿1.
11900.
Hw[aria￿￿ offJ¢ers' fees aryd
d4)ttthit ¢Kaminer
f.
1.158.
0ffi25.(Y)
1.158.ffl
5,30D.
i.itt(K)
Profrssional fr¢s
G¥p & &JJs.'. athillrsthts￿ fr
J.8(M).Q)
5&1gJ7
7(J.(
3J36.lYJ
6,020.61
104.OD
1619.57
41Y2157
31,78161
IDvc2tsllthp]rchas¢d
5&n4.29
5&T24a9
144.895.13
l J32.19
TDtRI
178 (KV).93
N¢tro¢dptsl(payn**ts)
8349J2
8349.32
{19.4J2.96)
Ttyniftry betw¢￿
C￿h fimds It 1st Octob¢r 2022
&11333
8.113.33
27J2629
65
36165

ANN JOHNSON'S EDUCATIONAL FOUNDATION
NOTES TO THE ACCOUhYS
C￿h fllnds held th represented by:
Cash at b8ffjk.'
unrestil¢t￿L. CAF Bank
21123
2022
12.055.33
7,6￿.87
0.00
505.46
vesl¢c
4.307.32
£ 16J6165
£ 8.L13.33
vestments: see note 5
MrAJMitty
(Chairman of BO￿ of Go
M Tk>Tsett
(Cl¢tk to Board of Goverllors)

JOHNSON?S EDUCATIONAL FOLThDATtON
NOIIS TO THE ACCOU
YEAII ENDED 30 SEYfLMBER 2025
I ACCOI]NnNG POLICIFS
accordanc¢ with the SORP FRSIO2.
2 TRUSTEES, REKUNERATIOY EXPL)SLS
No trustee nor any p￿Oll com*ctol Fith them I￿8 or is to ￿ceAve any
Ulleration or exp￿08 for th¢ peri￿ or Indi￿rIlY from the charity's fullds.
3 STAFF COSTS AIYD EMOLUMENfS
There are no employees with anolunmts abovc £50,(XIO

ANN jOI￿NS0￿,s KDUCATIONAL FOUNDATIO
NOTES TO THE ACCOUNTS
SCHEDIiLE OF LYVESTMENfThcoME
Year endedyw ended
30S23 to 30.922
395.97
3.494
120
14.455
557.64
412.99
287.04
418ts5
31.35
467.63
1,196.92
Ap4x GlobalAtykn
430.81
346.67
10.36
6,450
530
4320
6,545
13,5(M)
2,285
930
20,000
28.400
Ba￿lay$
BHP
1.604.74
B]a¢knKkFm Ild
108.15
1.080.00
914.02
Blackrnck World
1.080.00
,151.68
C8Pita Fi￿a￿l&l TTOiatt O
101.38
1.627.05
802.00
315.64
61.75
726.78
188.11
25.48
L093.99
776.(Kl
315.64
40.61
708.94
183.27
City ofknth bLYetsTru#
4235
9J90
INrpubli¢ Par(n¢r
LFOdt Futtd8
176
942.38
407.64
223.50
130
1160
I2.￿0
144
7.916
1.716
192.53
2.40
639.54
158.32
871.73
138.96
535.68
712.41
824.54
85920
3(Y).38
Pantheo
839.13
119.97
536.40
532.96
775.20
P￿dentIal
6￿
20,165
20.IXM)
23S(KI
700
13,850
1,050
7.555
4.0
S¢hrithrsAsAao fimd
Sefrrc*Je knv FD
SSE
624.40
896.11
191.10
s85.￿}
192.
204.78
136.98
615.00
574.70
1.144.87
1,837.75
455.56
257.70
Tate & Lyle
WcrfNJ8ide FAtr8y
12.(
13J40
0.68
615.00
677.IKI
799.07
777.05
&75.
hpiter UT
MaitlAud lo6ti
Swia
683.10
14,11)0
6,483
918.76
449.05
317J8
261.35
333.37
76195
39.865
1,465
868A9
96121

ANN JOHNSON'S EDUCATIONAL FOUhTATIO
IYOTES TO THE Accoijiyrs
YEAR KNDFD 30 SKFfEMBER 2023
￿￿ket Market
V8kne
Vthe
2023
2022
UK ind fnt¢rn4do]Ml Equltles
I3.￿2
5,943
11,930
14227
11,537
9,309
12.075
20,012
13,964
26,055
11945
11667
24,746
41.440
3.494
120
14,455
Apax Global Alpb
5.685
13,321
11,800
6,450
530
4.320
6.545
13,500
1285
930
20.0
28.41J)
4.0
Barclay8
BHP
BH Macm Od NPV
Bla¢kn)ck Fm I
Blacktock Nortb Am Otd
Black[￿k Wodd
Bmwn Advisory
Capits FItJanci￿ Trojan O tjc
10254
12.405
15J68
l6.895
24.638
13.493
14,024
24.754
34,953
City of LoJMlon tnvestment T￿￿t
ord 25p
Fund smith LLP Fquity
INf k￿blIC Parlner
]nvestor AB
LF Ode Funds
15,870
23,785
11,644
11653
14,728
E5,938
7.743
12,079
15,050
21.696
14235
10,558
14.728
15.693
7.354
12,663
4.235
9.390
800
3.505
176
National Grid
Nestle
130
i[11
N￿b￿ger B(
N¢xtenergy Solarlyle
11551
10,356
11,611
6.087
.274
8,0(M)
15,638
14.374
8,576
10,533
11268
10,505
72
5,8(14
3,282
13,885
132th)
11.045
7,758
9,038
8.045
13.484
14,525
9.880
110
144
7,916
1,716
900
600
20,165
20,000
239CKI
7fKJ
13,850
1,050
7,555
4,IXIO
PhoeDiX Group Holding
Prudcntial
Roy8J Dutch Shell ￿. ord É0.07
Scbr(thrUDit Asian
Sclwo&r bDit Trust
SdwotsInv FD
SSE ord 50p
T&rgrt HcaltlLc4r¢
Tate & Lyle
V￿lafon¢ Grw USD 0.11428571
Wa￿kouse R¢it
Woo(Lside Fw8y
JP MoTg8n
10.694
12.694
7.137
4.320
1,759
14,IKIO
14.IyXI
£455.361 £487,833

NN JOILVSON'S EDUCATIONAL FOUNDATION
NOTES TO THE ACCOtNrs
YEAR EfqDED 30 SEPTEMBLU 2011
M•rkrt m￿let
Value
2023
UK Fixed Jnt¢rest
2022
338
Government boll
29,075
Jnten8t on Gov Bonds
30,742
y40n￿0ver￿n¢llt bond•
12,1K)O
Prwident 5.125%
11.886
11,493
tnvertmenl ¢ompaDy
13,540
CVC Credit E Ord
Jupit¢rGbl Bd D
Seqvoia
I3￿6
11755
12.585
11.445
11,103
14.(K)O
6.483
11,641
12,986
£81,099
£59.381
Over8ea8 Fsxed ljthrnt
39.865
1,465
19,446
11,998
19.825
11,149
Eaton Vanc¢ Mgt
£31.444
£30,974
Totsl market V41ve of inveotments
£567S04 £578, J 88
Ullrutsleted fllDd8
86,081
481.823
86,081
492.107
£567,gMM £578.188
10

ANN JOH￿sON>s EDUCATIONAL FOUhT)ATION
NOTLS TO THE ACCOLwrs
At 30 September 2023 th¢ p￿anent endopnne4rt consi&ed of th¢ inv¢sIn￿lS shown
ebove to the value of £481.823, 05 5 (2022 £492.I07).
2022
Cash fimds hejd (pag¢ 6)
tnv¢stments pttnote 5
16,362
86.081
8,113
86,081
£101443
£94,194