##
|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|K E Eugeni|||
|---|---|---|---|---|---|
||||C W Johnson|||
||||S A Stevenson|||
||||C LJohnson|||
||||H S Frost|||
|Registered||office|Pacific Road Business||Hub|
||||1 Pacific Road|||
||||Birkenhead|||
||||Wirral CH41 1U|||
|Registered||charity number|518660|||
|Company|number||2109197|||
|Operational||address|Pacific Road Business||Hub|
||||1 Pacific Road|||
||||Birkenhead|||
||||Wirra
I CH41 1U|||
|Accountants|||Robinson
Rice Associates|||
||||93 Banks Road|||
||||West Kirby|||
||||Wirra
I CH48 ORB|||
|Investment||advisers|Investec Wealth|&.Investment||
||||The Plaza|||
||||100Old|||
||||Liverpool
L3 9AB|||
|Bankers|||National
Westminster||Bank pic|
||||Charing Cross Branch|||
||||Grange Road West|||
||||Birkenhead|||
||||CH41 4DF|||
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
||||Note|2023|2022|
|||||f|E|
|Income and endowments||||||
|Other trading
activities||||||
|Income from investments||||106,044|108,959|
|Other income|||||450|
|Total income and endowments||||106,044|109,409|
|Expenditure||||||
|Expenditure
on raising funds||||||
|Expenditure
on charitable|activities|||(151,976)|(132,416)|
|Total expenditure||||(151,976)|(132,416)|
|Other recognised
gains and losses||||||
|Realised gain/(loss)
on sales of investments||||8,126|4,470|
|Unrealised
gain/(loss)
on|revaluation|of investments||(110,225)|155,382|
|Total recognised
gains/(losses)||||(102,099)|159,852|
|Net income/(expenditure)||||(148,031)|136,845|
|Net movement
in funds||||(148,031)|136,845|
|Total funds at beginning|ofyear|||2,582,884|2,446,039|
|Total funds at end ofyear||||2,434,853|2,582,884|
##
|||||Note|2023|2022|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Investments||||6|2,227,888|2,315,819|
|Tangible assets||||7|110|2,925|
||||||2,227,998|2,318,744|
|Current assets|||||||
|Debtors|||||6,785|6,248|
|Cash at bank and|in|hand|||473,175|511,752|
||||||479,960|518,000|
|Liabilities|||||||
|Creditors: amounts||falling|due within one year|9|( 273,105)|( 153,860)|
|Net current assets|||||206,855|364,140|
|Total assets less|current||liabilities||2,434,853|2,682,884|
|Liabilities|||||||
|Amounts
falling due||after|more than one year|10||(100,000)|
|Net assets|||||2,434,853|2,582,884|
|Funds|||||||
|Restricted
funds||||12|||
|Unrestricted
funds||||13|2,434,853|2,582,884|
||||||2,434,853|2,582,884|
##
||||2023|2022|
|---|---|---|---|---|
|||Note|E||
|Cash flows from operative
activities|||||
|Cash generated
from operations|||(24,299)|(257,916)|
|Net cash from operating
activities|||(24,299)|(257,916)|
|Cash flows from investing
activities|||||
|Purchase
of investments|||(194,644)|(21,067)|
|Purchase
of fixed term investment|||||
|Purchase
oftangible
fixed assets|||(110)|(798)|
|Sale of investments|||180,476|52,098|
|Maturity
of fixed term investment||||500,000|
|Net cash from investing
activities|||(14,278)|530,233|
|Increase/(decrease)
in cash and cash equivalents|||(38,577)|272,317|
|Cash and cash equivalents
at the beginning|of the year||511,752|239,435|
|Cash and cash equivalents
at the end of|the year||473,175|511,752|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||E|E|
|Net income/(expenditure)||||(148,031)|136,845|
|Depreciation
oftangible||fixed assets||2,925|3,222|
|Realised
(gain)/loss|on|sales of investments||(8,126)|(4,470)|
|Unrealised
(gain)/loss
on revaluation|||of investments|110,225|(155,382)|
|||||(43,007)|(19,785)|
|Decrease/(increase)|in|debtors||(537)|21,055|
|Increase/(decrease)|in|creditors||19,245|(259,186)|
|||||(24,299)|(257,916)|
|2.Cash and cash|equivalents|||||
|||||31.03.23|01.04.22|
|Year Ended 31st March||2023||473,175|511,753|
|||||31.03.22|01.04.21|
|Year Ended 31st March||2022||511,752|239,435|
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|2. Income and|endowments|endowments|2023|2022|
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
|||||F|
|Other trading|activites||||
|Income from investments|||||
|Rent receivable|||24,780|28,001|
|Dividends|and Loan Interest||78,445|80,697|
|Intetest received||on deposit accounts|2,819|261|
||||106,044|108,959|
|Other income|||||
|Sundry income||||450|
|||||450|
||||106,044|109,409|
##
||||||
|---|---|---|---|---|
|funds||||2023|
|||||Unrestricted|
|||||f|
|Fundraising
costs|||||
|Salaries|||||
|Total donations|||||
|le
activities||||2023|
|||||Unrestricted|
|||||f|
|Buirkenhead
Scouts||||700|
|Clare Mount Spec ialist SPORTS College (KH2)||||7,397|
|Clatterbridge
Cancer||||10,000|
|Hive Youth Zone||||10,000|
|Liverpool Cares||||5,000|
|New Brighton
Community||||3,000|
|Old Parkonians||||2,000|
|Outward
Bound||||3,276|
|Oxton Cricket Club||||750|
|Stick 'n' Step||||3,450|
|The Open Door Centre||||5,000|
|Wirral
University
Teaching|Hospital|- Charity|Ball|1,140|
|1st Bebington
Brownies||||300|
|Total Donations||||52,013|
|Salaries||||59,431|
|Sundry||||72|
|Rent and Telephone||||8,904|
|Computer Costs||||3,228|
|Post and Stationary||||572|
|Auditors'
Remuneration||||1,240|
|Legal and Professional|Fees|||21,302|
|Insurance||||1,354|
|Projects and Events||||893|
|Bank Charges||||42|
|Depreciation
Charge||||2,925|
|Total Overheads||||99,963|
|Total Costs||||151,976|
##
##
|le
activities (continued)||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|
##
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##
|asset I|nvestments||||||||
|---|---|---|---|---|---|---|---|---|
|||Investment
in
Freehold
Land||UK Listed
Investments|Unlisted
Investments|Investment
in
Fixed Term
Bank Account||Total|
|||and Buildings|||||||
|||||F||F|||
|At valuation|||||||||
|Opening|Balance at 1st April 2022||364,793|1,951,025||||2,315,819|
|Additions||||202,770||||202,770|
|Disposals||||(180,476)||||(180,476)|
|Change|in market value|||110,225||||110,225|
|Closing|Balance at 31st March 2023||364,793|1,863,094||||2,227,888|
|Cost or valuation|at 31 Marc|at 31 Marc|h 2023 is represent|ed|by:||Investment|
|---|---|---|---|---|---|---|---|
||||||||freehold
land|
||||||||and buildings|
||||||||E|
|Valuation||in 2008|||||31,000|
|Impairment||in 2008|||||(26,200)|
|Valuation||in 2013|||||17,750|
|Valuation||in 2020|||||(39,999)|
|Cost|||||||382,242|
||||||||364,793|
|Ifthe investment|in|freehold|land and buildings|had|not been revalued|they would have been included as the|following|
|historical cost:||||||||
|||||||2023|2022|
|||||||F|E|
|Cost||||||382,242|382,242|
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|7. Tangible fixed assets|||||||Total|
||||||||F|
|Cost||||||||
|At 1st April 2022|||||||16,110|
|Additions|||||||110|
|At 31st March 2023|||||||16,220|
|Depreciation||||||||
|At 1st April 2022
Charge for year|||||||(13,185)
~2,925|
|At 31st March 2023|||||||16,110|
|Net book value at 31st||INarch 2022|||||2,925|
|Net book value at 31st||INarch 2023|||||110|
|8. Debtors: amounts
falling due within
one year|||||2023||2022|
||||||F||E|
|Other debtors||||||||
|Accrued|income||||6,785||6,248|
||||||6|785|6,248|
|9. Creditors: amounts||falling due within one year|||2023||2022|
||||||E||E|
|Accruals|||||7,585||9,239|
|Accrued|sponsorships||||100,000||100,000|
|Inter Company|||Account with J2 Hydro|Limited|164,926||43,977|
|VAT||||||594|644|
||||||273|105|153,860|
|10. Creditors: amounts|||falling due after more|than one year|2023||2022|
||||||P||E|
|Accrued|sponsorships||||||100,000|
||||||||100000|
|11.Funding
Commitments||||||||
|g
fundin|g
commi|tments
are included
in current and long term|creditors|
|---|---|---|---|
||||E|
|Brought|forward|at 1st April 2022|200,000|
|Paid
in|the year||(100,000)|
|Pledged|in the year|||
|Carried|forward|at 31st March 2023|100,000|
|Allocated:-||||
||Less|than one year|100,000|
||Greater than one year|||
||Total|pledged|100,000|
##
##
||||||Fund|Fund||
|---|---|---|---|---|---|---|---|
|||01.04.2022|Income|Expenses|Transfers||31.03.2023|
|||||F||f.||
|Funds||2,582,884|114,170|262,201|||2,434,853|
|||2,582,884|114,170|262,201|||2,434,853|
|s of net assets between||funds||||||
||||Current|Long Term||||
|||Fixed Assets|Assets|Liabilities|2023|Total|2022
Total|
||||E||||E|
|Restricted|funds|||||||
|Unrestricted|funds|2,227,998|206,855|0|2,434,853||2,582,884|
|||2,227,998|206,855|0|2,434,853||2,582,884|
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