|Contents|||||||||Page(s)|
|---|---|---|---|---|---|---|---|---|---|
|Trustees'
report|||||||||1-4|
|Statement
ofTrustees'|responsibilities|in respect ofthe Trustees'|||Report and the financial statements|||||
|Independent
auditors'|report to the members||ofThe Johnson|Foundation||(a company|limited|by guarantee)|6-8|
|Statement offinancial|activity (including|income and expenditure|||account)|||||
|Balance sheet|||||||||10|
|Cash flow statement||||||||||
|Notes to the cash flow|statement||||||||12|
|Notes to the financial|statements||||||||13-19|
|Directors|and trustees|and trustees|P RJohnson||
|---|---|---|---|---|
||||C W Johnson||
||||K E Eugeni||
||||S A Stevenson||
||||C LJohnson||
|Registered||office|Pacific Road Business|Hub|
||||1 Pacific Road||
||||Birkenhead||
||||Wirra
I CH41 1U||
|Registered||charity number|518660||
|Company|number||2109197||
|Operational||address|Pacific Road Business|Hub|
||||1 Pacific Road||
||||Birkenhead||
||||Wirral CH41 1U||
|Auditors|||Robinson
Rice Associates||
||||93 Banks Road||
||||West Kirby||
||||Wirra
I CH48 ORB||
|Investment||advisers|Investec Wealth 5 Investment||
||||The Plaza||
||||100Old||
||||Liverpool
L3 9AB||
|Bankers|||Allied
Irish Bank (GB)||
||||1St. Pauls Square||
||||Old Hall Street||
||||Liverpool
L3 9PP||
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|||||Restricted||Unrestricted|Total|Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||Note|2021||2021|2021|2020|2020|2020|
|||||E||E|E|f|E|E|
|Income and endowments|||||||||||
|Other trading
activities||||||||13,921||13,921|
|Income from investments||||||92,830|92,830||138,819|138,819|
|Other income|||||||||301|301|
|Total income and endowments||||||92,830|92,830|13,921|139,120|153,041|
|Expenditure|||||||||||
|Expenditure
on raising funds||||||||(5,635)|(10,526)|(16,161)|
|Expenditure
on charitable|activities|||||(198,044)|(198,044)|(11,485)|(647,089)|(658,574)|
|Total expenditure||||||(198,044)|(198,044)|(17,120)|(657,615)|(674,735)|
|Other recognised
gains and losses|||||||||||
|Realised gain/(loss)
on sales of properties|||||||||||
|Realised gain/(loss)
on sales ofinvestments||||||(243,187)|(243,187)||||
|Unrealised
gain/(loss)
on|revaluation|of investment|6|||92,426|92,426||(547,610)|(547,610)|
|Total recognised
gains/(losses)|||||0|(150,761)|(150,761)|0|(547,610)|(547,610)|
|Net income/(expenditure)||||||(255,975)|(255,975)|(3,199)|(1,066,105)|(1,069,304)|
|Net movement
in funds||||||(255,975)|(255,975)|(3,199)|(1,066,105)|(1,069,304)|
|Total funds at beginning|ofyear|||||2,702,014|2,702,014|3,199|3,768,119|3,771,318|
|Total funds at end ofyear||||||2,446,039|2,446,039||2,702,014|2,702,014|
##
|||||Note|2021|2020|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Investments||||6|2,686,999|2,835,756|
|Tangible assets||||7|5,349|8,411|
||||||2,692,348|2,844,167|
|Current assets|||||||
|Debtors|||||27,303|159,696|
|Cash at bank and|in|hand|||239,434|336,293|
||||||266,737|495,989|
|Liabilities|||||||
|Creditors: amounts||falling|due within one year|9|( 263,046)|( 232,892)|
|Net current assets|||||3,691|263,097|
|Total assets less|current||liabilities||2,696,039|3,107,264|
|Liabilities|||||||
|Amounts
falling due||after|more than one year|10|(250,000)|(405,250)|
|Net assets|||||2,446,039|2,702,014|
|Funds|||||||
|Restricted
funds||||12|||
|Unrestricted
funds||||13|2,446,039|2,702,014|
||||||2,446,039|2,702,014|
##
||||2021|2020|
|---|---|---|---|---|
|||Note|E|E|
|Cash flows from operative
activities|||||
|Cash generated
from operations|||(94,855)|754,303|
|Net cash from operating
activities|||(94,855)|754,303|
|Cash flows from investing
activities|||||
|Purchase of investments|||(923,408)|(985,500)|
|Purchase
of fixed term investment||||( 500,000)|
|Purchase
of tangible
fixed assets|||||
|Sale of investments|||921,405||
|Maturity of fixed term investment||||750,000|
|Net cash from investing
activities|||(2,003)|(735,500)|
|Increase/(decrease)
in cash and cash equivalents|||(96,858)|18,803|
|Cash and cash equivalents
at the beginning|of the year||336,293|317,490|
|Cash and cash equivalents
at the end of|the year||239,435|336,293|
##
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|||||2021|2020|
|---|---|---|---|---|---|
|||||E||
|Net income/(expenditure)||||(255,975)|(1,069,304)|
|Depreciation
of tangible||fixed assets||3,062|3,062|
|Realised
(gain)/loss|on|sales of investments||243,187|0|
|Unrealised
(gain)/loss|on revaluation||of investments|(92,426)|547,610|
|||||(102,152)|(518,632)|
|Decrease/(increase)|in|debtors||132,393|1,001,378|
|Increase/(decrease)|in|creditors||(125,096)|271,557|
|||||(94,855)|754,303|
|2.Cash and cash equivalents||||||
|||||31.03.21|01.04.20|
|Year Ended 31st March||2021||239,435|336,293|
|||||31.03.20|01.04.19|
|Year Ended 31st March||2020||336,293|317,490|
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|2. Income and endowments|2. Income and endowments|2. Income and endowments|2021|2021|2021|2020|2020|2020|
|---|---|---|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
||||f|F|E|F|E||
|Other trading|activites|||||13,921||13,921|
|||||||13,921||13,921|
|Income from|investments||||||||
|Rent receivable||||26,723|26,723||20,822|20,822|
|Dividends
and Loan Interest||||65,789|65,789||111,993|111,993|
|Intetest|received|on deposit accounts||318|318||6,004|6,004|
|||||92,830|92,830||138,819|138,819|
|Other income|||||||||
|Sundry|income||||||301|301|
||||||||301|301|
|||||92,830|92,830|13,921|139,120|153,041|
##
##
|funds||||2021|2021|2021|
|---|---|---|---|---|---|---|
|||||Restricted|Unrestricted|Total|
|||||f|f|f|
|Fundraising
costs|||||||
|Salaries|||||||
|Total donations|||||||
|e
activities||||2021|2021|2021|
|||||Restricted|Unrestricted|Total|
|||||f|f|f|
|Age UK Wirral|||||6,000|6,000|
|Ellesmere
Port College|||||3,000|3,000|
|Inspirations|||||2,160|2,160|
|Inspired
Reading Programme|||||866|866|
|Koala NW|||||3,000|3,000|
|Leasowe
Play Youth|and Community||Association||5,000|5,000|
|New Brighton
Community||Association|||3,000|3,000|
|Ronald McDonald
House|||||100|100|
|Stick 'n' Step|||||2,500|2,500|
|Shaftesbury
Youth Club|||||50,000|50,000|
|The Outward
Bound|Trust||||3,276|3,276|
|Wirral Churches'
Ark|Project||||3,000|3,000|
|Wirral Hospice StJohns|||||10,000|10,000|
|Wirra
I Multicultural|Organisation||||5,000|5,000|
|Total Donations|||||96,902|96,902|
|Salaries|||||53,154|53,154|
|Sundry|||||155|155|
|Rent and Telephone|||||15,218|15,218|
|Computer
Costs|||||2,290|2,290|
|Post and Stationary|||||4|4|
|Auditors'
Remuneration|||||2,760|2,760|
|Legal and Professional||Fees|||22,953|22,953|
|Insurance|||||811|811|
|Projects and Events|||||486|486|
|Bank Charges|||||249|249|
|Depreciation
Charge|||||3,062|3,062|
|Total Overheads|||||101,142|101,142|
|Total Costs|||||198,044|198,044|
##
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##
|le
activities (continued)|le
activities (continued)|le
activities (continued)|||2020|2020|2020|
|---|---|---|---|---|---|---|---|
||||||Restricted|Unrestricted|Total|
||||||f|E|E|
|Alder Hey Family House|Trust|||||91|91|
|Birkenhead
School - Cameron|||Marshall|||3,998|3,998|
|Clatterbridge
Cancer|||||3,180|7,828|11,008|
|Eureka Project||||||500,000|500,000|
|Feeding Birkenhead||||||60,000|60,000|
|Help Link Community
Support||||||22,000|22,000|
|Henshaws
Society for Blind People (Man||||chester)||1,000|1,000|
|Holy Apostles
& Martyrs|Church|||||1,000|1,000|
|Hoylake Cottage Hospital|||||3,199|1,801|5,000|
|Hoylake &West Kirby Sea||Cadets||||500|500|
|Liverpool
&.Merseyside|Theatres Trust|||||25,000|25,000|
|New Brighton
Community||Association||||1,000|1,000|
|Royal Liverpool
Philharmonic|||Society|||9,210|9,210|
|Seafarers
UK (London)||||||2,000|2,000|
|Stick 'n' Step||||||5,425|5,425|
|The Bluecoat||||||9,300|9,300|
|The Foundation
Years Trust||||||5,000|5,000|
|The Hive - Onside Youth|Zones||||5,106||5,106|
|The Outward
Bound Trust||||||2,184|2,184|
|Variety- the Children's|Charity|||||8,804|8,804|
|Variety Events||||||850|850|
|West Everton Community||Council||||2,000|2,000|
|West Wirral Scout &Guide Gang Show||||||1,250|1,250|
|Wirral
Holistic Care Services||||||1,200|1,200|
|Wirral Junior Cricket League||||||100|100|
|Total Donations|||||11,485|551,541|563,026|
|Salaries||||||55,886|55,886|
|Sundry||||||204|204|
|Rent and Telephone||||||7,452|7,452|
|Computer
Costs||||||2,173|2,173|
|Post and Stationary||||||125|125|
|Auditors'
Remuneration||||||3,120|3,120|
|Legal and Professional||Fees||||21,759|21,759|
|Insurance||||||772|772|
|Projects and Events||||||647|647|
|Bank Charges||||||348|348|
|Depreciation
Charge||||||3,062|3,062|
|Total Overheads||||||95,548|95,548|
|Total Costs|||||11,485|647,089|658,574|
##
##
|asset i|nvestments||||||
|---|---|---|---|---|---|---|
|||Investment
in
Freehold
Land
and Buildings|UK Listed
Investments|Unlisted
Investments|Investment
in
Fixed Term
Bank Account|Total|
|||E|E|E|||
|At valuation|||||||
|Opening|Balance at 1st April 2020|364,793|1,618,053|352,910|500,000|2,835,756|
|Additions|||923,408|||923,408|
|Disposals|||(1,164,591)|0|0|(1,164,591)|
|Change|in market value||445,335|352,909||92,426|
|Closing|Balance at 31st March 2021|364,793|1,822,205|1|500,000|2,686,999|
##
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|7. Tangible fixed a||ssets|||||||Total|
||||||||||E|
|Cost||||||||||
|At 1st April|2020||||||||15,312|
|Additions||||||||||
|At 31st March 2021|||||||||15,312|
|Depreciation||||||||||
|At 1st April 2020
Charge for year
At 31st March 2021|||||||||(6,901)
~3,062
(9,963)|
|Net book value at 31st March 2020|||||||||8,411|
|Net book value at 31st March 2021|||||||||5,349|
|8. Debtors: amounts
falling due within
one year|||||||2021||2020|
||||||||E|||
||Other debtors||||||21,921||152,231|
||Accrued|income|||||5,382||7,465|
||||||||27,303||159696|
|9. Creditors: amounts
falling due||||within|one year||2021||2020|
||||||||F||E|
||Accruals||||||9,103||7,244|
||Accrued|sponsorships|||||205,250||225,125|
||Inter Company
Account|||with J2 Hydro||Limited|48,|158||
||VAT|||||||535|523|
||||||||263|046|232,892|
|10. Creditors: amounts
falling due after|||||more|than one year|2021||2020|
||||||||E||F|
||Accrued|sponsorships|||||250,000||405,250|
||||||||250|000|405,250|
|11.Funding|Commitments|||||||||
|The following
funding||commitments||are included||in current and long term creditors||||
||||||||||E|
||Brought forward||at 1st April 2020||||||630,375|
||Paid in the year||||||||(225,125)|
||Pledged|in the year|||||||50,000|
||Carried forward||at 31st March 2021||||||455,250|
||Allocated:-|||||||||
|||Less|than one year||||||205,250|
|||Greater than||one year|||||250,000|
|||Total|pledged||||||455,250|
##
##
|12.|Unrestricted
fund|s|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Fund|||
||||01.04.2020|Income|Expenses|Transfers||31.03.2021|
||||E|E|E||F||
||Funds||2,702,014 -|57,931|198,044|||2,446,039|
||||2,702,014 -|57,931|198,044|||2,446,039|
|13.|Analysis of net assets between||funds||||||
||||Fixed|Current|Long Term|||2020|
||||Assets|Assets|Liabilities|2021|Total|Total|
||||F||E||E|F|
||Restricted|funds|||||||
||Unrestricted|funds|2,692,348|3,691|(250,000)|2,446,039||2,702,014|
||||2,692,348|3,691|(250,000)|2,446,039||2,702,014|
##
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