##
|Trustees'
report|||||||||1-5|
|---|---|---|---|---|---|---|---|---|---|
|Independent
examiner's||report to the Trustees ofThe Johnson||Foundation||(a company|limited|by guarantee)|6|
|Statement
offinancial|activity (including||income and expenditure||account)|||||
|Balance sheet||||||||||
|Cash flow statement||||||||||
|Notes to the cash flow||statement|||||||10|
|Notes to the financial|statements||||||||11-17|
|Directors|and trustees|and trustees|P RJohnson||
|---|---|---|---|---|
||||C W Johnson||
||||K E Eugeni||
||||S A Stevenson||
||||C LJohnson||
||||H S Frost||
|Registered||office|Pacific Road Business|Hub|
||||1 Pacific Road||
||||Birkenhead||
||||Wirral CH41 1LJ||
|Registered||charity number|518660||
|Company|number||2109197||
|Operational||address|Pacific Road Business|Hub|
||||1 Pacific Road||
||||Birkenhead||
||||Wirral CH41 1LI||
|Accountants|||Robinson
Rice Associates||
||||93 Banks Road||
||||West Kirby||
||||Wirral CH48 ORB||
|Investment||advisers|Investec Wealth 5 Investment||
||||The Plaza||
||||100Old||
||||Liverpool
L3 9AB||
|Bankers|||National
Westminster|Banl& pic|
||||Charing
Cross Branch||
||||Grange
Road West||
||||Birkenhead||
||||CH41 4DF||
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
||||Note|2022|2021|
|||||E|E|
|Income and endowments||||||
|Other trading
activities||||||
|Income from investments||||108,959|92,830|
|Other income||||450||
|Total income and endowments||||109,409|92,830|
|Expenditure||||||
|Expenditure
on raising funds||||||
|Expenditure
on charitable|activities|||(132,416)|(198,044)|
|Total expenditure||||(132,416)|(198,044)|
|Other recognised
gains and losses||||||
|Realised gain/(loss)
on sales of properties||||||
|Realised gain/(loss)
on sales of investments||||4,470|(243,187)|
|Unrealised
gain/(loss)
on|revaluation|of investments||155,382|92,426|
|Total recognised
gains/(losses)||||159,852|(150,761)|
|Net income/(expenditure)||||136,845|(255,975)|
|Net movement
in funds||||136,845|(255,975)|
|Total funds at beginning|ofyear|||2,446,039|2,702,014|
|Total funds at end ofyear||||2,582,884|2,446,039|
##
||||||Note|2022|2021|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Investments|||||6|2,315,819|2,686,999|
|Tangible assets|||||7|2,925|5,349|
|||||||2,318,744|2,692,348|
|Current assets||||||||
|Debtors||||||6,248|27,303|
|Cash at bank|and|in|hand|||511,752|239,434|
|||||||518,000|266,737|
|Liabilities||||||||
|Creditors: amounts|||falling|due within one year|9|( 153,860)|( 263,046)|
|Net current assets||||||364,140|3,691|
|Total assets|less|current||liabilities||2,682,884|2,696,039|
|Liabilities||||||||
|Amounts
falling due|||after|more than one year|10|(100,000)|(250,000)|
|Net assets||||||2,582,884|2,446,039|
|Funds||||||||
|Restricted
funds|||||12|||
|Unrestricted|funds||||13|2,582,884|2,446,039|
|||||||2,582,884|2,446,039|
##
||||2022|2021|
|---|---|---|---|---|
|||Note|E||
|Cash flows from operative
activities|||||
|Cash generated
from operations||1|(257,916)|(94,855)|
|Net cash from operating
activities|||(257,916)|(94,855)|
|Cash flows from investing
activities|||||
|Purchase
of investments|||(21,067)|(923,408)|
|Purchase
of fixed term investment|||||
|Purchase
of tangible
fixed assets|||(798)||
|Sale of investments|||52,098|921,405|
|Maturity of fixed term investment|||500,000||
|Net cash from investing
activities|||530,233|(2,003)|
|Increase/(decrease)
in cash and cash equivalents|||272,317|(96,858)|
|Cash and cash equivalents
at the beginning|of the year||239,435|336,293|
|Cash and cash equivalents
at the end of|the year||511,752|239,435|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||F|F|
|Net income/(expenditure)||||136,845|(255,975)|
|Depreciation
of tangible||fixed assets||3,222|3,062|
|Realised
(gain)/loss|on|sales of investments||(4,470)|243,187|
|Unrealised
(gain)/loss|on revaluation||of investments|(155,382)|(92,426)|
|||||(19,785)|(102,152)|
|Decrease/(increase)|in|debtors||21,055|132,393|
|Increase/(decrease)|in|creditors||(259,186)|(125,096)|
|||||(257,916)|(94,855)|
|2.Cash and cash equivalents||||||
|||||31.03.22|01.04.21|
|Year Ended 31st March||2022||511,753|239,435|
|||||31.03.21|01.04.20|
|Year Ended 31st March||2021||239,435|336,293|
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|2. Income and endowments|2. Income and endowments|2022|2021|
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||E|F|
|Other trading|activites|||
|Income from|investments|||
|Rent receivable||28,001|26,723|
|Dividends|and Loan Interest|80,697|65,789|
|Intetest received on deposit accounts||261|318|
|||108,959|92,830|
|Other income||||
|Sundry income||450||
|||450||
|||109,409|92,830|
##
##
|||||
|---|---|---|---|
|le
activities|||2022|
||||Unrestricted|
||||f|
|Elleray Park School|||1,000|
|Foundation
Years Trust|||5,000|
|Merseyside
Youth|||1,306|
|New Beginnings|||2,500|
|The Open Door Centre|||5,000|
|Wirral
University
Teaching||Hospital|950|
|Total Donations|||15,756|
|Salaries|||52,704|
|Sundry|||379|
|Rent and Telephone|||25,903|
|Computer
Costs|||2,619|
|Post and Stationary|||11|
|Auditors'
Remuneration|||2,000|
|Legal and Professional|Fees||21,206|
|Repairs and Renewals|||4,140|
|Insurance|||985|
|Projects and Events|||3,210|
|Bank Charges|||281|
|Depreciation
Charge|||3,222|
|Total Overheads|||116,660|
|Total Costs|||132,416|
##
##
##
|e
activities
(continued|)||2021|
|---|---|---|---|
||||Unrestricted|
||||f|
|Age UK Wirral|||6,000|
|Ellesmere
Port College|||3,000|
|Inspirations|||2,160|
|Inspired
Reading Programme|||866|
|Koala NW|||3,000|
|Leasowe
Play Youth and Community||Association|5,000|
|New Brighton
Community|Association||3,000|
|Ronald
McDonald
House|||100|
|Stick 'n' Step|||2,500|
|Shaftesbury
Youth Club|||50,000|
|The Outward
Bound Trust|||3,276|
|Wirral Churches'
Ark Project|||3,000|
|Wirral Hospice StJohns|||10,000|
|Wirra
I Multicultura
I Organisation|||5,000|
|Total Donations|||96,902|
|Salaries|||53,154|
|Sundry|||155|
|Rent and Telephone|||15,218|
|Computer
Costs|||2,290|
|Post and Stationary|||4|
|Auditors'
Remuneration|||2,760|
|Legal and Professional|Fees||22,953|
|Insurance|||811|
|Projects and Events|||486|
|Bank Charges|||249|
|Depreciation
Charge|||3,062|
|Total Overheads|||101,142|
|Total Costs|||198,044|
##
##
##
|asset i|nvestments|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Investment
in
Freehold
Land||UK Listed
Investments|Unlisted
Investments||Investment
in
Fixed Term
Bank Account||Total|
|||and Buildings||||||||
||||E||E||E|||
|At valuation||||||||||
|Opening|Balance at 1st April 2021||364,793|1,822,205||1|500,000||2,686,999|
|Additions||||21,067|||||21,067|
|Disposals||||(47,629)||0|(500,000)||(547,629)|
|Change|in market value|||155,382|||||155,382|
|Closing|Balance at 31st March 2022||364,793|1,951,025||1|||2,315,819|
||2022|2021|
|---|---|---|
||E|E|
|Cost|382,242|382,242|
##
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|7. Tangibl|e fixed|assets||||||||Total|
|||||||||||E|
|Cost|||||||||||
|At 1st April|2021|||||||||15,312|
|Additions||||||||||798|
|At 31st March 2022||||||||||16,110|
|Depreciation|||||||||||
|At 1st April 2021
Charge for year
At 31st March 2022||||||||||(9,963)
~3,222)
(13,185)|
|Net book value at 31st March 2021||||||||||5,349|
|Net book value at 31st March 2022||||||||||2,925|
|8. Debtors: amounts
falling due within one year||||||||2022||2021|
|||||||||F|||
||Other debtors|||||||||21,921|
||Accrued|income||||||6,248||5,382|
|||||||||6|248|27 303|
|9. Creditors: amounts
falling due||||within|one year|||2022||2021|
|||||||||F|||
||Accruals|||||||9,239||9,103|
||Accrued|sponsorships||||||100,000||205,250|
||Inter Company
Account|||with J2|Hydro|Limited||43,977||48,158|
||VAT||||||||644|535|
|||||||||153,860||263 046|
|10. Creditors: amounts
falling due after|||||more|than one|year|2022||2021|
|||||||||E||F|
||Accrued|sponsorships||||||100,000||250,000|
|||||||||100,000||250,000|
|11.Funding|Commitments||||||||||
|The following
funding||commitments||are included||in current|and long term creditors||||
|||||||||||E|
||Brought|forward|at 1st April 2021|||||||455,250|
||Paid
in the year|||||||||(255,250)|
||Pledged|in the year|||||||||
||Carried forward||at 31st March 2022|||||||200,000|
||Allocated:-||||||||||
|||Less|than one year|||||||100,000|
|||Greater than||one year||||||100,000|
|||Total|pledged|||||||200,000|
##
||||||||Fund|Fund||
|---|---|---|---|---|---|---|---|---|---|
|||||01.04.2021|Income|Expenses|Transfers||31.03.2022|
||||||E|F||E|E|
||Funds|||2,446,039|269,261|132,471|||2,582,829|
|||||2,446,039|269,261|132,471|||2,582,829|
|13.|Analysis|of net assets between||funds||||||
|||||Fixed|Current|Long Term||||
|||||Assets|Assets|Liabilities|2022|Total|2021
Total|
|||||F|E|F|||E|
||Restricted||funds|||||||
||Unrestricted||funds|2,318,744|364,140|(100,000)|2,582,884||2,446,039|
|||||2,318,744|364,140|(100,000)|2,582,884||2,446,039|
##
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