## 

## 

## 



## 

|INDEX||||Page|
|---|---|---|---|---|
|Legal and|Administrative|information|||
|Report ofthe Trustees||||3-18|
|Statement|of Trustees'|Responsibilities||19|
|Independent<br>Report of||the Auditor||20-23|
|Accounting|Policies|||24-25|
|Statement|of Financial|Activities||26|
|Summary|Income and Expenditure||Account|27|
|Statement|ofCash Flows|||28-29|
|Balance Sheet||||30|
|Notes to the Financial||Statements||31 -47|
|Appendix|1:Grants Payable||||





## 

## 

|LEGAL AND ADMINISTRATIVE|LEGAL AND ADMINISTRATIVE|LEGAL AND ADMINISTRATIVE|LEGAL AND ADMINISTRATIVE|INFORMATION||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Chadity Name:|||||Northamptonshire||Communiiy|||Foundation||
|Company|Registration||Number:||4269030|||||||
|Charity Registration||Number:|||1094646|||||||
|Registered|Office'||||18Albion Place|||||||
||||||Northampton|||||||
||||||NN1 1UD|||||||
|Trustees:|||||Paul Southworth|OBE,||DL (Chair)||||
||||||Peter Borley-Cox|||||||
||||||Debra Charles|||||||
||||||Liam Condron<br>(appointed||||01|January|2021)|
||||||Stephen<br>Edmonds||(resigned|||15July|2020)|
||||||Joanna Gordon|||||||
||||||Jenny Jackson-Stops|||||||
||||||Janine Jepson|||||||
||||||David Knight|||||||
||||||Rachel Mallows MBE,|||DL|(appointed||01January 2021)|
||||||Deirdre<br>Newham|MBE, DL, JP, MA(Hon)||||||
||||||Paul Parsons|||||||
||||||Hassan Shah|||||||
|Company|Secretary:||||Kevin Smith (resigned 24 <br>Jessica Cotton (appointed||||August 2020)<br>24 August 2020, resigned 03 March|||
||||||2021)|||||||
||||||Victoria Miles (appointed||||03 March 2021)|||
|Chief Executive|||||Victoria Miles DL|||||||
|Main Bankers:|||||Unity Trust Bank|pic||||||
||||||Planetary<br>Road|||||||
||||||Willenhall|||||||
||||||WV1 9DG|||||||
|Solicitors:|||||Hewitsons<br>LLP|||||||
||||||Elgin House|||||||
||||||Billing Road|||||||
||||||Northampton|||||||
||||||NN1 5AU|||||||
|Auditors:|||||Hardie &Co|||||||
||||||2 Pavilion<br>Court|||||||
||||||600 Pavilion<br>Drive|||||||
||||||Norlhampton|||||||
||||||NN4 7SL|||||||
|Investment|Managers:||||Rathbone<br>Investment|||Management||||
||||||The Colmore Building|||||||
||||||20 Colmore Circus||Queensway|||||
||||||Birmingham|||||||
||||||B46AT|||||||
||||||CCLA|||||||
||||||Senator House|||||||
||||||65Queen Victoria||Street|||||
||||||I ondon|||||||
||||||EC4V4ET|||||||
||||||Hargreaves<br>Lansdown|||||||
||||||One College Square South|||||||
||||||Anchor Road|||||||
||||||Bristol|||||||
||||||BS1 5HL|||||||





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

|identified,<br>mitig|identified,<br>mitig|ating|actions a|re|i|dentified|and timescales a|greed for the|ir implementation.|ir implementation.|
|---|---|---|---|---|---|---|---|---|---|---|
|The Trustees||have|identified|the||following|key risks for the|organisation|along with the mitigating<br>actions to be||
|undertaken|||||||||||
|Risk T|e||Potential||Risk||Likelihood|Im act|Miti<br>atin<br>Actions||
|Governance|||Loss of|key||staff|Medium|High|Succession<br>planning,<br>documentation<br>systems plans and projects, agreed|of|
||||||||||notice periods and clear recruitment||
||||||||||rocesses||
|Operational|||Competition<br>from<br>similar organisations||||Medium|High|Monitor and assess performance<br>and<br>quality ofservice, review market and||
||||||||||methods<br>ofservice delivery,<br>clear fund-||
||||||||||raising strategy,<br>regular contact with||
||||||||||funders/supporters,<br>monitor<br>public||
||||||||||awareness<br>and profile ofthe||
||||||||||Foundation||
|Environmental<br>or<br>External factors|||Relationship<br>fund ere|||with|Medium|High|Regular contact and briefings,<br>report<br>fully on projects, meet funders<br>terms||
||||||||||and conditions||





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 





## 

## 



## 



## 

## 

## 

## 

## 



## 

## 

## 



## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

|ATEMENT OF FINANCIAL|ACTIV|ITIES FO|ITIES FO|R THE YEAR E|NDED 31 MA|RCH 2021|||
|---|---|---|---|---|---|---|---|---|
|||Notes||Unrestricted|Res'trlcted|Endowment|Total|Total|
|||||Funds|Funds|Funds|2021|2020|
|||||8|8||8||
|||||||||Note 1|
|Income and endowments|||||||||
|from:<br>Donations<br>and legacies<br>Charitable<br>activities<br>Investments<br>Other|||2<br>3<br>4<br>5|27,165<br>79,774<br>8,321|301,847<br>1,268,038<br>1,510<br>8,000|2,752,914<br>328,108|3,081,926<br>1,347,812<br>337,939<br>6,000|6,247,609<br>563,666<br>284,294<br>5,861|
|Total income||||115,260|1,577,395|3,081,022|4,773,677|7,101,430|
|Expenditure<br>on:<br>Raising funds|||7|159,373||55,077|214,450|208,123|
|Charitable<br>activities:<br>Grants payable<br>Expenditure<br>on charitable|||6<br>7|255,533|1,673,500<br>170|883,997|2,557,497<br>255,703|1,240,912<br>229,523|
|activities|||||||||
|Total charitable<br>activities||||255,533|1,673,670|883,997|2,813,200|1,470,435|
|Total expenditure||||414,906|1,673,670|939,074|3,027,650|1,678,558|
|Net (expenditure)/income|before|net|8|(299,646)|(96,275)|2,141,948|1,746,027|5,422,872|
|gains/(losses)<br>on investments|||||||||
|Net gains<br>/ (losses) on||11(b)||120,450|20,474|2,890,814|3,031,738|(1,188,788)|
|investments|||||||||
|Net (expenditure)/income||||(179,196)|(75,801)|5,032„762|4,777,765|4,234,084|
|Transfers<br>between funds||16/18||261,965|57,882|(319,847)|||
|Net movement<br>in funds||||82,769|(17,919)|4,712,915|4,777,765|4,234,084|
|Reconciliation<br>offunds:<br>Total funds<br>brought<br>forward||||196,583|535,953|14,360,977|15,093,513|10,859,429|
|at 1 April 2020|||||||||
|Total funds carried forward||||279 352|518034|19D73 892|19)871278|15)093513|
|at 31 Nlarch 2021|||||||||





## 

## 

|ANNUAL<br>REPORT AND FINANCIAL<br>STATENIENTS FOR THE YEAR ENDED 31 MARCH 2021|ANNUAL<br>REPORT AND FINANCIAL<br>STATENIENTS FOR THE YEAR ENDED 31 MARCH 2021|ANNUAL<br>REPORT AND FINANCIAL<br>STATENIENTS FOR THE YEAR ENDED 31 MARCH 2021|ANNUAL<br>REPORT AND FINANCIAL<br>STATENIENTS FOR THE YEAR ENDED 31 MARCH 2021||
|---|---|---|---|---|
|SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021|||||
||||2021|2020|
|Income<br>Net gains I(losses) on investments<br>Interest and investment<br>income|||1,682,824<br>140,924<br>9,831|698,356<br>(64,177)<br>9,713|
|Gross income|||1 833579|643,892|
|Transferred<br>from endowment<br>restricted<br>funds|fund to||59,776|36,782|
|Transferred<br>from endowment<br>income funds for expending|fund as||260,071|270,140|
|Total income|||2 153426|950,814|
|Grants payable<br>Expenditure<br>Depreciation<br>and charges for|impairment|offixed assets|1,673,500<br>403,529<br>11,547|544,684<br>377,519<br>9,602|
|Total expenditure|||2,088,576|931,805|
|Net income before tax for the|reporting|period|64,850|19,009|
|Tax payable|||||
|Net income for the financial|year||64,850|19,009|





## 

## 

|ATEMENT OF CASH FLOWS FOR THE Y|EAR|ENDED|31 MAR|CH 2021|||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2021f|2020f|
|Cash flows from operating<br>activities:<br>Net cash provided by (usedin) operating|activities||||(1,242,348)|(936,393)|
|Cash flows from investing<br>activities:<br>Dividends,<br>interest and rents from investments<br>Purchase of property,<br>plant and equipment|||||307,829<br>(1,541)|280 165<br>(4,680)|
|Proceeds from sale of investments|||||53,624|178,556|
|Purchase<br>of investments|||||(1,850,000)|(4,260,000)|
|Net cash provided by (used in) investing|activities||||(1 490 088)|(3 805 959)|
|Cash flows from financing<br>activities:|||||||
|Receipt of endowment|||||2,939,970|5,549,370|
|Net cash provided by (used in) financing|activities||||2,939,970|5,549,370|
|Change<br>in cash and cash equivalents<br>in|the|reporting|period||207„534|807,018|
|Cash and cash equivalents<br>at the beginning||ofthe reporting||period|1,094,665|287,647|
|Cash and cash equivalents<br>at the end of|the|reporting|period||1,302,199|1,094,665|





## 

## 

|TIVITIES FOR THE YEAR ENDE|D 31 MAR|CH 2021|||
|---|---|---|---|---|
||||Total|Total|
||||2021f|2020f|
|N et income Iexpenditure|||64,850|19,009|
|Adjustments<br>for:<br>Transfers<br>from endowment<br>funds<br>Grants payable from endowment|funds||(319,847)<br>(883,997)|(306,922)<br>(696,228)|
|Expenditure<br>paid from endowment<br>Depreciation|funds||11,547|(447)<br>9,602|
|(Gains)<br>/ Losses on investments<br>Dividends,<br>interest and rents from <br>(Increase)<br>/ Decrease<br>in debtors<br>Increase<br>/ (Decrease)<br>in creditors|investments||(140,924)<br>(9,831)<br>(51,467)<br>87,321|64,177<br>(9,713)<br>(7,955)<br>(7,916)|
|Net cash provided by (used in)|operating|activities|(1,242,348)|(936,393)|



|ALY|SIS OF CASH AND CASH EQUIVALENTS FOR TH|E YEAR ENDED 31 MARCH 2021||
|---|---|---|---|
|||Total|Total|
|||2021f|2020f|
|Cash <br>Cash|in hand and at bank<br> deposit accounts|287,540<br>1,014,659|23,861<br>1,070,804|
|Total|cash end cash equivalents|1,302,199|1,094,665|



|NAL|YSIS OF CHANGES<br>IN NET D|EBTFOR THE YEAR EN|DED 31 MAR|CH 2021|
|---|---|---|---|---|
|||At start of|Cash|At end of|
|||yearf|Flows<br>f|year<br>f|
|Cash|in hand and at bank|23,861|263,679|287,540|
|Cash|deposit accounts|1,070,804|(56,145)|1,014,659|
|Total||1,094,665|207,534|1,302,199|





## 

## 

|ALANCE SHEET AS AT|31|MARCH 2|021|||||
|---|---|---|---|---|---|---|---|
|||Notes|Unrestricted<br>Funds<br>6|Restricted<br>Funds<br>9|Endowment<br>Funds<br>8|Total<br>2021<br>9|Total<br>2020<br>6|
|Fixed assets<br>Tangible assets<br>Investments||11(a)<br>11(b)|54,701<br>165,255|241,542|18,118,707|54,701<br>18,525,504|64,707<br>13,745,655|
|Total Fixed Assets|||219,956|241,542|18,118,707|18,580,205|13,810,362|
|Current assets<br>Debtors and prepayments<br>Cash at bank and<br>in hand||12|9,887<br>59,876|62,182<br>297,766|73,428<br>944,557|145,497<br>1,302,199|266,925<br>1,094,665|
||||69,763|359,948|1,017,985|1,447,696|1,361,590|
|Creditors —amounts<br>falling due in less than|1|13|(10,367)|(83,456)|(62,800)|(156,623)|(78,439)|
|year:||||||||
|Net current assets|||59,396|276,492|955,185|1,291,073|1,283,151|
|Total assets less current|||279,352|518,034|19,073,892|19,871,278|15,093,513|
|liabilities||||||||
|Funds||||||||
|Unrestricted<br>Funds<br>Restricted Funds<br>Endowment<br>Funds<br>Revaluation<br>Reserve||17<br>18<br>16|59,883<br>219,469|497,900<br>20,134|16,359,912<br>2,713,980|59,883<br>497 900<br>16,359,912<br>2,953,583|78,114<br>532035<br>14,224,418<br>258,946|
|Total Funds|||279,352|518,034|19,073,892|19,871,278|15,093,513|






## 

## 

## 

|1|STATEMENT OF FINANCIAL ACTIVITIES FOR|STATEMENT OF FINANCIAL ACTIVITIES FOR|STATEMENT OF FINANCIAL ACTIVITIES FOR|THE YEAR ENDED 31 MARCH 2020|THE YEAR ENDED 31 MARCH 2020|THE YEAR ENDED 31 MARCH 2020||
|---|---|---|---|---|---|---|---|
||||Notes|Unrestncted|Restricted|Endowment|Total|
|||||Funds|Fundsf|Funds<br>5|2020f|
||Income and endowments<br>Donations<br>and legacies<br>Charitable<br>activities|from:||20,018<br>52,874|108,811<br>510,792|6,118,780|6,247,609<br>563,666|
||Investments<br>Other|||8,509<br>3,361|1,204<br>2,500|274,581|284,294<br>5,861|
||Total income|||84,762|623,307|6,393,361|7,101,430|
||Expenditure<br>on:<br>Raising funds||7|157,598||50,525|208,123|
||Charitable<br>activities:|||||||
||Grants payable||6||544,684|696,228|1,240,912|
||Expenditure<br>on charitable|activities|7|228,253|1,270||229,523|
||Total chadtable<br>activities|||228,253|545,954|696,228|1,470,435|
||Tots I expenditure|||385,851|545,954|746,753|1,678,558|
||Net (expenditure)/income|before net|8|(301,089)|77,353|5,646,608|5,422,872|
||(losses) on investments|||||||
||Net losses on investments|||(55,929)|(8,248)|(1,124,611)|(1,188,788)|
||Net (expenditure)/income|||(357,018)|69,105|4,521,997|4,234,084|
||Transfers<br>between<br>funds|||271,223|35,699|(306,922)||
||Net movement<br>in funds|||(85,795)|104,804|4,215,075|4,234,084|
||Reconciliation<br>offunds:<br>Total funds brought<br>forward|||282,378|431,149|10,145,902|10,859,429|
||at 1 April 2019|||||||
||Total funds carried forward|||196,583|535,953|14,360,977|15,093,513|
||at 31 March 2020|||||||





## 

## 

## 

|TO THE FINANCIAL STATEMENTS (con|tinued)|||
|---|---|---|---|
|Donations<br>and legacies||2021|2020<br>8|
|Unrestricted<br>Funds<br>Avon Cosmetics<br>ENGIE<br>Friends ofthe Foundation<br>Harris &Co.||5,674<br>4,800|1,000<br>994<br>4,935<br>4,800|
|SEGRO<br>St.Giles Charities<br>Estates Northampton<br>The Wilson Foundation<br>Other<br>Total unrestricted<br>funds||8,187<br>2,727<br>714<br>5,063<br>27,165|2,727<br>5,562<br>20,018|
|Restricted Funds<br>Avon Female Empowerment<br>Fund<br>Bambino<br>Mio Fund<br>Briggs & Forrester Fund<br>Carlsberg<br>UK<br>ENGIE<br>Fair Deal for Kids Campaign<br>Friends ofthe Foundation<br>Fund<br>High Sheriff Scholarship<br>Fund<br>Lieutenancy<br>Emergency<br>Fund<br>Mick and Sheila White Fund||6,000<br>(450)<br>11,874<br>144<br>41,922<br>2,500|10,000<br>23,037<br>7,588<br>12,140<br>1,495<br>10,235<br>144<br>6,250|
|NET DCMS Coronavirus<br>Fund||10,000||
|NET Response<br>and Recovery Fund<br>Royal & Derngate<br>Hardship<br>Fund<br>SEGRO<br>St.Giles Charities Estates Northampton<br>St.Johns<br>Surviving<br>Winter Fund —Northamptonshire<br>The Wilson Foundation<br>Other<br>Total restricted funds|Fund|83,622<br>26,828<br>68,227<br>27,273<br>2,772<br>6,326<br>14,286<br>523<br>301,847|27,272<br>10,650<br>108,811|





## 

## 

## 

|O THE FINANCIAL STATEMENTS (con|tinued)|||||
|---|---|---|---|---|---|
|onations<br>and legacies (continued)||||2021|2020<br>6|
|(b)<br>Constance<br>Travis<br>Charitable|Trust|Endowment|Match|||
|Challenge<br>Funds<br>Alistair James Memorial<br>Trust Fund<br>Burnett Family<br>Fund<br>Cecil Pettit Fund<br>Constance<br>Travis Charitable<br>Trust||||400,000<br>480,247|5,000<br>4,719<br>660,254|
|Food 4 Heroes<br>Friends ofthe Foundation<br>Fund<br>Hevey Building Supplies<br>Fund<br>JKLM Foundation<br>Fund<br>John Armitage<br>Chantable<br>Trust Fund<br>Lesley Church<br>Memorial<br>Fund<br>Mark Taylor Charitable<br>Trust Fund<br>Northamptonshire<br>Educational<br>Trust Fund<br>Northamptonshire<br>High Sheriffs<br>Initiative<br>Fund<br>Other<br>The Kenneth<br>Fund<br>The Smith Family Fund<br>The Suede Respite Fund<br>Total<br>constance<br>travis<br>charitable<br>trust||endowment|match|401,805<br>4,069<br>50,000<br>120<br>499<br>100,000<br>1,436,740|10,235<br>5,000<br>386,000<br>50,000<br>391,164<br>145,357<br>7,903<br>5,176<br>961<br>258,160<br>833<br>50,000<br>1,980,762|
|challenge<br>funds||||||
|(c) All other Endowment<br>Funds<br>Alistair James Memorial<br>Trust Fund<br>Constance Travis Charitable<br>Trust Fund<br>DEL Northamptonshire<br>Fund<br>Food 4 Heroes<br>Friends ofthe Foundation<br>JKLM Foundation<br>Fund<br>Northamptonshire<br>High Sherifl's<br>Initiative<br>Other<br>The Smith Family<br>Fund<br>The Suede Respite Fund<br>Total other endowment<br>funds|Fund|||3,750<br>1,000,000<br>70,000<br>54,216<br>7,805<br>3,725<br>1,074<br>604<br>175,000<br>1,316,174|1,250<br>4,000,000<br>115,295<br>8,500<br>25<br>240<br>208<br>12,500<br>4138018|
|Total endowment<br>funds||||2,752,914|6,118,780|
|Total income from donations<br>and legacies||||3,081,926|6,247,609|





## 

## 

## 

|TO THE FINANCIAL STATEMENTS (conti|nued)||||
|---|---|---|---|---|
|Charitable<br>activities|||2021|2020|
|||||6|
|f|||||
|Unrestricted<br>Funds|||||
|Anglian Water Positive Difference<br>Fund<br>Barclays Grant Fund<br>Burton Wold Wind Farm|||6,319<br>2,357<br>5,322|5,247|
|Co-op Food Fund<br>Heart of England<br>Community<br>Foundation<br>Kingswood<br>and Hazel Lays Big Local<br>Made by Sport<br>Nationwide<br>Programme<br>NET DCMS Coronavirus<br>Fund|||858<br>3,685<br>11,300|175<br>2,727<br>1,000|
|NET Response<br>and Recovery Fund|||28,122|2,400|
|NET QC Foundation<br>Fund<br>New Albion Wind Farm|||235<br>3,204|3,156|
|Other|||1,734||
|Re;store: Northampton<br>Royal London<br>Fund<br>Sir George Earls Trust Fund<br>Tampon Tax<br>The London<br>Marathon<br>Charitable<br>Trust|||8,120<br>150|6,266<br>800<br>300<br>2,052<br>12,500|
|Winwick Wind Farm|||2,622|2,597|
|Yelvertoft Wind Farm|||5,746|5,654|
|¹iwill Fund<br>in partnership<br>with The Wilson<br>Total unrestricted<br>funds|Foundation||79,774|8,000<br>52,874|
|Restricted Funds|||||
|Anglian<br>Water Positive Difference<br>Fund<br>Barclays Grant Fund<br>Burton Wold Wind Farm Community<br>Benefit Fund<br>Co-op Food Fund<br>Coventry<br>Community<br>Building Society Fund<br>Heritage<br>Lottery Fund —Generosity<br>Heritage Trail<br>Kingswood<br>and Hazel Lays Big Local Community<br>Made by Sport<br>NET DCMS Coronavirus<br>Fund||Chest Fund|105,768<br>47,143<br>53,216<br>16,310<br>46,065<br>289,454|52,474<br>1,750<br>9,216<br>27,272|
|NET Response<br>and Recovery Fund<br>NET QC Foundation<br>Fund<br>New Albion Wind Farm|||556,469<br>4,740<br>32,040|50,250<br>31,558|
|Northamptonshire<br>Federation<br>of Disability Sport<br>Northamptonshire<br>Police 8 Ctime Commissioner<br>Royal London<br>Fund<br>Sir George Earls Trust Fund<br>Tampon Tax<br>The London Marathon<br>Charitable<br>Trust|||3,145|1,331<br>(19,023)<br>10,0OO<br>5,059<br>35,895<br>112,500|
|Winwick Wind Farm Community<br>Benefit Fund<br>Yelvertoft<br>Wind Farm Community<br>Benefit Fund<br>¹iwill Fund<br>in partnership<br>with The Wilson Foundation<br>Total restricted funds|||26,226<br>57,462<br>30,000<br>1,268,038|25,966<br>56,544<br>110,000<br>510,792|
|Total income from charitable<br>activities|||1,347,812|563,666|





## 

## 

## 

|NOT|ES TO THE FINANCIAL STATEMENTS (continued)|||
|---|---|---|---|
||Investment<br>income|2021f|2020f|
||Fixed asset investments<br>Interest on bank accounts|337,224<br>715|282,454<br>1,840|
||Total investment<br>income|337,939|284,294|
||Other income|2021f|2020f|
||Sundry<br>income|8,000|5,861|
||Total other income|6,000|5,861|
|6|Charitable<br>activities|2021f|2020f|
||Grants payable<br>(Appendix 1)<br>individuals<br>Groups|77,408<br>2,480,089|135,403<br>1,105,509|
||Total grants payable|2,557,497|1,240,912|





## 

## 

## 

|Analysis ofsupport|Analysis ofsupport|costs|||||||
|---|---|---|---|---|---|---|---|---|
|Support cost||Raising||Charitable|Total|Basis ofAllocation|||
|||funds||activities|||||
|Staff|costs|K132,694||K179,899|6312,593|Direct|staff cost||
|Other|staff related costs|K2,329||K11,140|K13,469|Direct|staff cost||
|Contracted-out<br>services||||618,720|K18,720|Activi|based||
|Governance||||79,600|K9,600|Direct|cost||
|Investment<br>Mana<br>ament||K55,077|||K55,077|Direct|cost||
|||K3,725||K10,573|K14,298|Activi|based||
|PR &|Marketin|K2,972||f500|K3,472|Activi|based||
|General office costs||f17,653||K25,271|K42,924|Usa e allocation|||
|Total||K214,450||8255,703|K470 153||||
||Cost ofraising funds||||||2021|2020|
||||||||K|K|
||Staff salaries||||||132,694|114,982|
||Other staff-related<br>costs||||||2,329|14,243|
||Consultancy<br>fees<br>Publicity<br>&marketing||||||2,972|540<br>11,390|
||Investment<br>Management<br>fees||||||55,077|50,078|
||Office expenses||||||21,378|16,890|
||Total cost of raising|funds|||||214,450|208,123|
||Grant support costs<br>Staff salaries||||||179,899|139,260|
||Other staff-related<br>costs||||||11,140|8,399|
||Rent &rates||||||1,536|1,606|
||Office furniture<br>&equipment<br>Telephones,<br>postage,<br>printing<br>ITSupport + expenditure<br>Consultancy<br>fees<br>Audit fees||& stationery||||151<br>3,864<br>10,573<br>18,720<br>9,600|90<br>3,390<br>12,436<br>30,680<br>9,600|
||Depreciation<br>Office refurbishment||||||11,547|9,602<br>138|
||Other||||||8,673|14,322|
||Total cost ofcharitable<br>activities||||||255,703|229,523|
|8|Net expenditure<br>for|the year|||||||
||This is stated after charging:||||||2021|2020|
||||||||K|K|
||Staff pension<br>contributions<br>Depreciation<br>Auditor's<br>fees||||||9,234<br>11,547<br>9,600|7,543<br>9,602<br>9,600|





## 

|NOT|ES TQ THE FINANCIAL STATEMENTS (continued)|ES TQ THE FINANCIAL STATEMENTS (continued)|||
|---|---|---|---|---|
|9|Trustees and Employees||2021f|2020f|
||Salaries<br>Social Secunty <br>Pension costs|costs|279,307<br>24,052<br>9,234|227,093<br>19,606<br>7,543|
||Total employee|salary costs|312,593|254,242|



|<br><br>mber ofemployees<br>(full-time|equivalent)<br>was 8.16(2|020:7.13).|||
|---|---|---|---|---|
||Average|headcount|Average|number of|
|||||employees|
||||(full time|equivalent)|
||2021|2020|2021|2020|
|Management<br>Administration|2<br>6.67|2<br>5.33|2<br>6.16|2<br>5.13|
|Total|8.67|7.33|8.16|7.13|



## 

## 



## 

## 

|ixed Assets||||||
|---|---|---|---|---|---|
||Leasehold|IT|Telecoms|Other|Total|
||Improvements|Equipment<br>6|Equipment<br>6|Equipment<br>6||
|Cost at 1 Apdil 2020|100,891|23,196|6,398|2,856|133,341|
|Additions<br>during the year||1,541|||1,541|
|Cost at 31 March 2021|100,891|24,737|6,398|2,856|134,882|
|Depreciation<br>at 1 April 2020|42,098|17,282|6,396|2,856|68,634|
|Charge for the year|8,710|2,837|||11,547|
|Depreciation<br>at 31 March|50,808|20,119|6,398|2,856|80,181|
|2021||||||
|Net Book Value||||||
|At 31 March 2021|50,083|4,618|||54,701|
|At 31 March 2020|58,793|5,914|||64,707|



|ixed Ass|et Investments||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Tots I|
|||Funds|Funds|Funds<br>6|2021<br>f|2020<br>8|
|Valuation<br>Additions|at 1 April 2020|92,794|231,574|13,421,287<br>2,732,319|13,745,655<br>2,732,319|10,496,667<br>5,159,804|
|Disposals<br>Realised|(losses) / gains on|(47,989)<br>19,450|(10,506)<br>4,258|(925,713)<br>313,393|(984,208)<br>337,101|(722,028)<br>181,058|
|disposals<br>Increase|during the year<br>/ (decrease)<br>in|101,000|16,216|2,577,421|2,694,637|(1,369,846)|
|market value during the year|||||||
|Valuation|at 31 March 2021|165,255|241,542|18,118,707|18,525,504|13„745,655|





## 

## 

## 

## 

## 

## 

|Fixed Asset Investments<br>(continu|Fixed Asset Investments<br>(continu|Fixed Asset Investments<br>(continu|ed)|ed)|||||
|---|---|---|---|---|---|---|---|---|
|Investments<br>are all listed and held|||in funds||held with a variety|of Open Ended Investment|Companies||
|and Unit Trusts. These investments|||are analysed as follows:||||||
|||||||2021<br>6||2020<br>f|
|Collective<br>Equities<br>Fixed Income||||||11,929,014<br>1,682,749||9,138,299<br>764,583|
|Commercial<br>Property<br>Multi-Asset I Infrastructure||||||280,749<br>2,687,419||836,840<br>2,037,731|
|Other||||||1,945,573||968,202|
|Total Fixed Asset Investments||||||18,525,504|13,745,655||
|At 31 March 2021, the following||holdings||within the investment||porffolio represented<br>more|than|5'/o of|
|the value of the fund.|||||||||
|||||||Value|||
|||||||6|||
|CCLA COIF Chadities|Investment||Fund|||7,198,694||38.86|
|SPDR Series Trust S&P500||EFT||||1,240,937||6.70|
|Debtors|||||||||
|||||||2021||2020|
|||||||8||8|
|Prepayments<br>&accrued income<br>Other debtors||||||65,557<br>79,940||250,344<br>16,581|
|Total debtors||||||145,497||266,925|
|Creditors|||||||||
|||||||2021||2020|
|||||||6||6|
|Committed<br>grants<br>Accruals||||||129,946<br>20,973||50,396<br>23,985|
|Other creditors||||||5,704||4,058|
|Total creditors||||||156,623||78,439|



## 

## 



## 

## 

|NOT|ES TO THE FINANCIAL STATEMENTS (continue|d)||||||||
|---|---|---|---|---|---|---|---|---|---|
|16|Endowment<br>Funds|||||||||
||||||Balance|Income|Expenditure|Transfers|Balance|
||||||b/fwd||||Mfwd|
||||||8|6|||8|
||Alistair James Memorial Trust Fund||||4,586|4,660||(65)|9,181|
||Colas and Rice Fund||||307,170|58,626|(5,850)|(4,969)|354,977|
||Constance Travis Charitabte<br>Trust Fund<br>Corby Parochial<br>Charities<br>Fund<br>Corby Village Community<br>Association<br>Fund<br>David Laing Family Endowment<br>Fund<br>DEL Northamptonshire<br>Fund<br>Food 4 Heroes Endowment<br>Fund||||3,524,455<br>14,176<br>30,428<br>41,171<br>31,090|1,740,492<br>2,727<br>5,848<br>7,901<br>75,617<br>56,197|(98,780)<br>(66,769)|93,555<br>(178)<br>(496)<br>(1,816)<br>(4,439)|5,259,722<br>16,725<br>35,780<br>47,256<br>35,499<br>56,197|
||Fredericks<br>Regional<br>Growth<br>Fund<br>Friends ofthe Foundation<br>Endowment<br>Fund<br>Henry Martin Centenary<br>Endowment<br>Fund<br>JKLM Foundation<br>Fund||||97,650<br>42,777<br>21,393<br>7,517|(34,564)<br>16,307<br>3,819<br>1,298|(9,462)<br>(3,000)|(53,624)<br>(620)<br>(1,415)<br>(105)|58,464<br>23,797<br>5,710|
||Mick and Shwla White Fund<br>Northamptonshire<br>High Sheriffs<br>Initiative Endowment<br>Northamptonshire<br>Education Trust Endowment<br>Fund<br>Permanent<br>Endowment<br>Fund|||Fund|27,710<br>133,429<br>96,315<br>294,575|5,290<br>29,456<br>18,500<br>57,759||(402)<br>(1,929)<br>(3,467)<br>(4,808)|32,598<br>160,956<br>111,348<br>347,526|
||the Compton<br>Fund for Arts, Culture and Heritage<br>The Probation<br>Officers Samaritans<br>Trust Fund||in|Northamptonshire|556,708<br>32,962|105,252<br>6,267|(25,295)|(4,437)<br>(1,016)|632,228<br>38,213|
||The Smith Family Fund<br>The Suede Respite Fund||||399<br>53,339<br>5,317,850|1,113<br>190,875<br>2,353,440|(10,000)<br>(219,156)|(10)<br>(1,308)<br>8,451|1,502<br>232,906<br>7,460,585|





## 

## 

## 

|NOT|ES TO THE FINANCIAL STATEMENTS (continued)||||||||
|---|---|---|---|---|---|---|---|---|
|18|Endowment<br>Funds (continued)|||Balance|Income|Expenditure|Transfers|Balance|
|||||b/fwd||||c/fwd|
|||||6||||y.|
||Grassroots<br>Endowment<br>Funds:||||||||
||Burnett Grassroots<br>Endowment<br>Fund<br>Cave 8 Sons Grassroots<br>Endowment<br>Fund<br>Cecil Pettit Grassroots<br>Endowment<br>Fund<br>General Grassrools<br>Endowment<br>Fund<br>Genesis Housing<br>Grassroots<br>Endowment<br>Fund<br>Henry<br>Martin Centenary<br>Grassroots<br>Endowment<br>Fund<br>Jonathan<br>Pearson Grassroots<br>Endowment<br>Fund<br>Northamptonshire<br>High Sheriffs<br>Initiative Grassroots<br>Endowment<br>Spire Homes Grassroots<br>Endowment<br>Fund<br>Sutton Sassett Village Trust Gressroots<br>Endowment<br>Fund<br>Wooden Spoon Grassroots<br>Endowment<br>Fund<br>Total Grassroots<br>Endowment<br>funds||Fund|189,145<br>11,598<br>82,134<br>10,618<br>46,485<br>16,147<br>228,317<br>154,879<br>4,111<br>139,661<br>883,095|36,357<br>2,229<br>14,712<br>(848)<br>8,211<br>667<br>1,505<br>43,736<br>29,799<br>791<br>26,135<br>163,294|(12,800)<br>(55,077)<br>(15,000)<br>(8,764)<br>(2,000)<br>(11,800)<br>(7,200)<br>(112,641)|(3,084)<br>(189)<br>(1,243)<br>53,644<br>(497)<br>8,097<br>(14,080)<br>5,110<br>(1,947)<br>(52)<br>82<br>45,841|222,418<br>13,638<br>82,803<br>8,337<br>39,199<br>1,572<br>265,363<br>182,731<br>4,850<br>158,678<br>9T9,589|





## 

|NOTE|S TO THE FINANCIAL STATEMENTS (continued)||||||
|---|---|---|---|---|---|---|
|16|Endowment<br>Funds (continued)||||||
|||Balance|Income|Expenditure|Transfers|Balance|
|||b/fwd<br>E||||cNwd<br>8|
||Community<br>First Endowment<br>Funds:<br>Always a Chance Community<br>First Endowment<br>Fund<br>Burnett Community<br>First Endowment<br>Fund<br>Constance Travis Community<br>First Endowment<br>Fund<br>David Laing Family Community<br>First Endowment<br>Fund<br>Friends ofthe Foundation<br>Community<br>First Endowment<br>Fund<br>General<br>Community<br>First Endowment<br>Fund<br>Henry Martin Centenary<br>Community<br>First Endowment<br>Fund<br>Hevsy Building Supplies<br>Community<br>First Endowment<br>Fund<br>John Armitage<br>Community<br>First Endowment<br>Fund<br>Margaret<br>Giffen Community<br>First Endowment<br>Fund<br>Northamptonshire<br>High Shenfrs<br>Initiative<br>Community<br>Fest Endowment<br>Northamptonshire<br>St John's Ambulance<br>Community<br>First Endowment<br>Rachael's<br>Fund<br>The Compton<br>Community<br>First Endowment<br>Fund<br>The Northampton<br>Ocean's<br>Institute<br>Community<br>First Endowment<br>Fund<br>Wegingborough<br>Relief in Need Community<br>First Endowment<br>Fund<br>Wilson Browne Community<br>First Endowment<br>Fund<br>Wooden Spoon Community<br>First Endowment<br>Fund<br>Total Community<br>First Endowment<br>funds|214,006<br>53,409<br>1,673,825<br>395,096<br>128,435<br>7,825<br>100,003<br>25,699<br>198,016<br>229,572<br>Fund<br>38,319<br>Fund<br>17,358<br>25,031<br>64,769<br>1,805,303<br>25,813<br>18,863<br>33,396<br>5,054,738|52,641<br>14,151<br>411,596<br>104,237<br>31,734<br>1,873<br>24,626<br>5,840<br>47,655<br>60,214<br>9,481<br>4,274<br>4,8«<br>15,973<br>468,988<br>6,839<br>4,968<br>8,236<br>1,278,139|(4,910)<br>(5,000)<br>(24,018)<br>(129,600)<br>(183,528)|V7,685)<br>(708)<br>(146,307)<br>(16,586)<br>(8,935)<br>(76)<br>(8,290)<br>(1,685)<br>(2,816)<br>(2,951)<br>(2,617)<br>(1,439)<br>(408)<br>(5,285)<br>(22,999)<br>(342)<br>(252)<br>(2,725)<br>(242,106)|248,962<br>66,852<br>1,939,116<br>482,747<br>151,234<br>4,712<br>116,339<br>29,854<br>237,855<br>262,817<br>45,183<br>20,193<br>29,434<br>75,457<br>2,121,692<br>32,310<br>23,579<br>38,907<br>5,927,243|





## 

|NOT|ES TO THE FINANCIAL STATEMENTS (continued)|||||||
|---|---|---|---|---|---|---|---|
|16|Endowment<br>Funds (continued)|||||||
||||Balance|Income|Expenditure|Transfers|Balance|
||||b/fwd<br>6||||clfwd<br>6|
||Constance Trsvis Endowment<br>Match Challenge<br>Endowment<br>Alistair James Memorial<br>Trust Fund Constance Travis EMC Fund<br>Always a Chance Constance Travis EMC Fund<br>Burnett Constance Travis EMC Fund<br>Cecil Pettit Constance Travis EMC Fund<br>David Laing Family Constance Trsvis EMC Fund<br>Food 4 Heroes Constance<br>Travis EMC Fund<br>Friends ofthe Foundation<br>Constance<br>Travis EMC Fund<br>General Constance Travis EMC Fund<br>Hevey Building Supplies Constance Travis EMC Fund<br>JKLM Foundation<br>Constance<br>Travis EMC Fund<br>John Armitage Constance<br>Travis EMC Fund<br>John Salmon Legacy Constance<br>Travis EMC Fund<br>Lesley Church<br>Memorial<br>Constance<br>Travis EMC Fund<br>Margaret<br>Giffen Constance<br>Trsvis EMC Fund<br>Mark Taylor Charitable<br>Trust Constance<br>Travis EMC Fund<br>Mick and Sheila White Constance Travis EMC Fund<br>Northamptonshire<br>Education Trust Constance Travis EMC Fund<br>Northamptonshire<br>High Sheriffs<br>Initiative Constance Travis EMC <br>Sutton Bassett Vigege Trust Constance<br>Travis EMC Fund<br>The Kenneth<br>Fund Constance<br>Travis EMC Fund<br>The Smith Family Constance<br>Travis EMC Fund<br>The Suede Respite Fund Constance<br>Travis EMC Fund|Funds:<br> Fund|27,033<br>53,071<br>3,364<br>785,780<br>25,606<br>36611<br>11,208<br>6,724<br>500,089<br>33,679<br>124,885<br>536.937<br>135,496<br>189,543<br>5,700<br>36,757<br>9.218<br>177<br>432,454<br>2,390<br>148,572|5,201<br>10,097<br>600,000<br>151,184<br>4,914<br>636,674<br>13,824<br>88,269<br>1,282<br>96,217<br>87,472<br>22,577<br>103,271<br>26,070<br>35,742<br>1,089<br>7,071<br>1,766<br>34<br>82,545<br>1,309<br>200,355|(425,249)<br>(5,000)<br>(13,500)|(340)<br>(1,436)<br>(14,000)<br>(9,879)<br>(1,130)<br>(10,203)<br>(421)<br>(700)<br>(164)<br>(6,287)<br>(50,795)<br>(11,467)<br>(6,741)<br>(1,704)<br>(7,332)<br>(83)<br>(462)<br>(81)<br>(2)<br>(5,358)<br>(37)<br>(3,411)|31,894<br>61,732<br>589,364<br>927,085<br>29,390<br>201,222<br>50,014<br>98,777<br>7,842<br>590,019<br>70,356<br>135,995<br>628,467<br>159,862<br>217,953<br>6,706<br>43,366<br>10,903<br>209<br>496,141<br>3,662<br>345,516|
||Total Constance Travis Endowment<br>Match Challenge<br>Endowment<br>tunds||3,105,294|2,176,963|(443,749)|(132,033)|4,706,475|
||Total Endowment<br>funds||14,360,977|5,971,836|(939,074)|(319,847)|19,073,892|





## 

## 

## 

## 



## 

|NOTE|S TO THE FINANCIAL STATEMENTS (conti|S TO THE FINANCIAL STATEMENTS (conti|nued)||||
|---|---|---|---|---|---|---|
|18|Restricted Funds<br>Balance||Income|Expenditure|Transfers|Balance|
|||b/fwd||||c/fwd<br>6|
||Always a Chance<br>Anglian Water Positive Differenc<br>Avon Fund for Women and Girls|13,758<br>e<br>2 687|4,417<br>105,768<br>540|(11,670)<br>(105,768)<br>2,900|15,794|22,299<br>6,127|
||Bambino<br>Mio Fund||6,000|(6,000)|||
||Barclays Grant Fund<br>Briggs & Forrester<br>Burton Wold Wind Farm Fund||47,143<br>2,171<br>53,217|(20,000)<br>(5,700)|(47,143)<br>(1,200)|7,913<br>124,375|
||Co-operative<br>Food Fund<br>Coventry<br>Building Society Fund<br>DCMS Response and Recovery<br>DLF Adrenaline<br>Alley Loan<br>ENGIE Fund|469|16,310<br>299,454<br>7,080<br>2,135|(16,310)<br>(293,625)|(469)<br>(5,829)|10,402<br>15,870|
||Fair Deal for Kids Campaign<br>Foodbanks<br>Fund<br>Friends ofthe Foundation<br>Fund<br>Hevey Building<br>Supplies<br>Fund<br>High Sheriff Scholarship<br>Fund<br>KHL Big Local Fund<br>Lieutenancy<br>Emergency<br>Fund<br>Made by Sport Fund<br>Mick and Sheila White Fund<br>NET Response and Recovery<br>New Albion Wind Farm Fund|10,587<br>13,320<br>24,173<br>206<br>58,787<br>6,724|315<br>9,524<br>12,591<br>206<br>2,723<br>44,453<br>46,065<br>2,587<br>644,832<br>32,040|463<br>(16,000)<br>(2,500)<br>(796,254)<br>(25,496)|(2,109)<br>5,939<br>(10,587)<br>1,412<br>(12,350)<br>234<br>92,635|15,463<br>12,591<br>1,618<br>16,043<br>24,636<br>16,103<br>46,065<br>527<br>13,268|
||Northamptonshire<br>Federation<br>of Disability<br>Sport Fund<br>Northamptonshire<br>Literary<br>Fund|7,029<br>1,311|254|||7,029<br>1,565|
||Northamptonshire<br>Sporting<br>Champions<br>Fund<br>14<br>Northamptonshire<br>St.Johns Fund 6,667<br>Red Cross Northampton<br>Fund<br>Royal 8 Derngate<br>Hardship<br>Fund<br>SEGRO Fund<br>Scotts of Thrapston<br>Fund<br>8,627<br>Sir George Earle Trust Fund||3,672<br>299<br>27,128<br>69,891<br>1,628<br>3,145|(4,000)<br>(25,391)<br>(53,462)<br>(5,000)<br>(3,145)|(I4)<br>1,223|7,562<br>299<br>1,737<br>16,429<br>5,255|
||St.Giles Charities Estates<br>Northampton<br>Fund|3,574|27,273|(26,115)|(3,574)|1,158|
||Surviving<br>Winter Fund<br>Northamptonshire<br>Tampon Tax Fund<br>Tech4Kids Fund|10,651<br>125|6,326<br>4,994|(15,289)<br>(28,993)|(125)<br>23,999|1,688|
||The Carlsberg<br>UK Fund|4|||(4)||
||The London<br>Marathon<br>Charitable<br>Trust Fund<br>Winwick Wind Farm Fund<br>Yelvertoft Wind Farm Fund|112,500<br>4,838<br>92,791|26,226<br>57,462|(112,550)<br>(26,231)<br>(20,700)|50|4,833<br>129,553|
||¹iwill Fund<br>in partnership<br>with<br>The Wilson Foundation|34,460|30,000|(56,834)||7,626|
||Total restricted funds|535,953|1,597,869|(1,673,670)|57,882|518,034|





## 

## 

## 



## 

## 

## 

## 

## 

|ancell|able|operating<br>leases<br>in t|he year to 31|March 2022:|||
|---|---|---|---|---|---|---|
||||Land and|buildings|Other||
||||2020/2021|2019/2020|2020/2021|2019/2020|
|Operating||leases which expire:|||||
|Within|1 year||||245|245|
|Between||2 and 5years||4|979|979|
|Later|than|5years||2|1 888|1,831|