The Earl of Northampton's Charity IJ Trustee's Annual Report & Financial Statements 2021 Charity Commission Number 210291 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 22 November 2021 The Earl of Northampton's Charity Trustee's Annual Report & Financial Statements 2021123 Statement of Financial Activities for the year ended 31 March 2021 31 March 31 March 2021 2020 Unrestricted Restricted Endowment Total Totol Funds Funds Funds Funds Funds Note £'ooo £'ooo £'ooo £'ooo £'ooo Income Donations Investments 559 45 604 796 Charitable activities 526 526 509 Total incom• 1.096 45 1.305 Expenditure Raising funds. Investment (4) (49) (64) (66) management costs Charitable activitie&. Housing for the elderly (595) (701) (1￿07) (331) (4) (930) (701) {53) {1,695) (804) (374) (1,244) Relief of poverty Total exponditur• Gainsl(losses) on investments 4,14 {335) 907 308 4,066 5,281 (2,480) Net income 696 18 (expenditure) Transfers between funds 4,013 4,727 (2,419) 10 (203) 493 203 Nel movement In funds 221 4.013 (2,419) Fund balances brought forward at l April Fund l)alances carried 11,733 1200 15,288 28,221 30,640 12,226 1,421 19,301 32,948 28,221 forward at 31 March All ol the Charity's activities are derived from continuing operations. There are no recognised goirns or losses other than those disclosed above. The Earl of Northampton's Charity Trustee's Annual Report & Financial Statements 2021124 Statement of Financial Activities for the year ended 31 March 2020 31 March 2020 Unrestricted Restricted Endowment Total Funds Funds Funds Funds Note £'ooo £'ooo £'ooo £'ooo Income Investments 752 796 Charitable activities 509 509 Total Incomo 1.261 44 1.305 Expenditure Raising funds. Investment management costs (15) (4) (47) (66) Charitable activitie&. Housing for the elderly Relief of poverty Total expenditure (629) (374) (1.018) (348) (105) (141) (246) (171) (4) (804) (374) (51) (1,244) (1,990) (2,480) (2,041) (2,419) 4,14 (175) (142) (273) 141 Losses on investments Net incom•l(oxponditur•) Transfers betweenfunds 10 Nel movement In funds (132) (2,041) (2,419) Fund balances brought fomard at l April Fund l)alances carried 11,979 1,332 17,329 30,640 11,733 1.200 15,288 28,221 forward at 31 March All ol the Charitys activities ore derived from continuing operations. There ore no recognised goins or losses other than those disclosed above. The Earl of Northampton's Charity Trustee's Annual Report & Financial Statements 2021125 Balance Sheet as at 31 March 2021 31 March 2021 31 March 2020 Note £'ooo £'ooo £'ooo £'ooo Flxed assels Tangible assets Investment properties Quoted investments 7,512 7,712 1,750 1,540 22,777 17,651 Total fixed assets 32,039 26,903 Current assets Debtors 42 47 Cash at bank and in hand 968 1,388 Total current assets 1,010 1,435 Creditors.. amounts falling due within one year (101) (117) Net current assets 909 1,318 Total not assets 32,948 28,221 The funds of the Charity. Endowment funds 10 19,301 15,288 Restricted income lunds 10 1,421 1,200 Unrestricted income funds 10 12,226 11,733 Total Charity funds io 32,948 28,221 The attached notes on pages 27to 42form an integral part ol these financial statements. The financial statements on pages 23 to 42 were approved by the Trustee on18 November 2021 and signed on its behalf by.. CJ Vermont RM Abernethy Clerk to the Mercers. Company Master 18 November 2021 The Earl of Northampton's Charity Trustee's Annual Report & Financial Statements 2021126 Statement of Cash Flows for the year ended 31 March 2021 2021 2020 Note £'ooo £'ooo £'ooo Cash Ilows Irom operating a¢tivitie& Net cash used in operating activities Cash Ilows Irom investing activities: Interest received 12 (925) (484) Dividends received 560 730 Purchase of investments (5,783) (6,123) (Decrease)Iincrease in cash held by investment managers (72) 1,472 Proceeds from the sole of investments 5,800 4,602 Net cash provided by investing activities 505 682 Change in cash and cash equivalents inthefinancial (420) 198 year Cash and cash equivalents at the beginning of the financial year Cash and cash equivalents at the ond of the financialy￿r 1,388 1,190 12 968 1,388 - - - The Earl of Northampton's Charity Trustee's Annual Report & Financial Statements 2021142 Legal & Administrative Information LEGAL ST ATUS BANKERS The Charity has registered number 210291 and is regulated by a Scheme of the Charity Commissioners dated November 2003, having replaced the previous schemes ol December 1964, 0 variation dated March1967 and a consolidated Scheme dated August1982. Barclays Bank PLC, I Churchill Place, London E14 5HP INVESTMENT MANAGERS Rathbone Brothers PIC 8 Finsbury Circus PRINCIPAL ADDRESS London, EC2M 7AZ 6 Frederick's Place London EC2R 8AB PROPERTY MANAGEMENT Knight Frank Pennant House, Napier Court, Reading, RGI 8BW INDEPENDENT AUDITOR Buzzacott LLP 130 Wood StreeL London, EC2V 6DL