2021-12-31-accounts

			Page
Reference and administrative		details ofthe Trust, its Trustees and advisers
Trustees' report			2-6
Independent auditors'	report	on the financial statements	7-10
Statement offinancial	activities
Balance sheet			12
Statement ofcash flows			13
Notes to the financial	statements		14-27

Trustees		E R A Travis, Chair ofTrustees	E R A Travis, Chair ofTrustees	E R A Travis, Chair ofTrustees
		Mrs PJTravis
		Mr MJTravis
Charity registered
number		294540
Principal office		86 Drayton Gardens
		London
		SW109SB
Independent	auditors	Larking Gowen LLP
		Chartered Accountants
		King Street House
		15Upper King Street
		Norwich
		NR3 1RB
Bankers		Lloyds Bank Private Banking		Limited
		21-23 Hill Street
		London
		W1J 5JW
Solicitors		Hewitsons
		Elgin House
		Billing Road
		Northampton
		NN1 5AU
Financial advisors		Brown Advisory
		6-10Biuton Street
		London
		W1J 6PX
		Whitley Asset Management		Limited
		116Princedale	Road
		London
		W11 4NH

			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
		Note
Income and endowments	from:
Donations and legacies		2		1,610,600	1,610,600
Investments		3	1,978,239		1,978,239	1,799,467
Total income and endowments			1,978,239	1,610,600	3,588,839	1,799,467
Expenditure on:
Raising funds		4		366,556	366,556	316,379
Charitable activities		7	2,607,591		2,607,591	3,288,949
Total expenditure			2,607,591	366,556	2,974,147	3,605,328
Net (expenditure)/income gains on investments	before net		(629,352)	1,244,044	614,692	(1,805,861)
Net gains on investments				21,504,371	21,504,371	11,458,202
Net (expenditure)/income			(629,352)	22,748,415	22,119,063	9,652,341
Transfers between funds		15	629,352	(629,352)
Net movement in funds				22,119,063	22,119,063	9,652,341
Reconciliation offunds:
Total funds brought forward				166,398,389	166,398,389	156,746,048
Net movement in funds				22,119,063	22,119,063	9,652,341
Total funds carried forward				188,517,452	188,517,452	166,398,389

					2021		2020
			Note
Fixed assets
Investments			10		182,132,382		157,671,295
					182,132,382		157,671,295
Current assets
Debtors				33,250		91,359
Cash at bank	and in hand			6,499,786		8,839,145
				6,633,036		8,930,504
Creditors: amounts		falling due within one
year			12	(147,966)		(153,410)
Net current assets					6,385,070		8,777,094
Total assets	less current liabilities				188,617,452		166,448,389
Creditors: amounts		falling due after more
than one year							(50,000)
Total net assets					188,517,452		166,398,389
Charityfunds
Endowmentfunds			15		188,517,452		166,398,389
Unrestricted	funds		15
Total funds					188,517,452		166,398,389

			Endowment	Total	Total
			funds	funds	funds
			2021	2021	2020
Investment	management	fees	366,556	366,556	316,379
Total 2020			316,379	316,379

	Grants to	Total	Total
	Institutions	funds	funds
	2021	2021	2020
Grants made to institutions	2,586,509	2,586,509	3,269,609
Total 2020	3,269,609	3,269,609

Analysis ofgrants (	continued)
		2021	2020
Name ofsector
Other/general			5,000
Medical/health/sickness		881,009	675,000
Relief of poverty		207,000	117,000
Accommodation/housing		110,000	109,000
Arts/culture		141,000	285,000
Animals		176,000	133,000
Economic/community/development/employment		122,000	1,006,609
Education/training		132,000	142,000
Disability		80,000	31,000
Overseas aid/famine	relief	300,000	283,000
Religious activities		22,500	52,000
Sport/recreation		55,000	75,000
Environment/conservation/heritage		360,000	376,000
		2,586,509	3,289,609

Analysis ofgrants off20	,00	0and over made to institutions
			2021	2020
Name of institution
Age UK Northamptonshire			150,000	50,000
All Saints Church, Northampton			20,000	20,000
Alzheimer's Research UK			50,000	50,000
Alzheimer's Society			50,000	50,000
Beanstalk			50,000	50,000
Big Issue			50,000	50,000
British Red Cross			100,000	100,000
Broadmead Baptist Church				30,000
Cancer Research UK			60,000	50,000
Compassion in World Farming			50,000	50,000
CPRE			50,000	50,000
Crisis			50,000	50,000
Cure Parkinsons Trust			50,000
Deafblind UK			50,000	50,000
Global Canopy			60,000	50,000
Institute ofCancer Research			60,000	50,000
Macmillan Cancer Support			60,000	50,000
Marie Curie Cancer Care			50,000	50,000
Marine Conservation Society			50,000	50,000
Medecins Sans Frontieres	(UK)		100,000	50,000
MIND			50,000	50,000
Mental Health Foundation			50,000
Motor Neurone Disease Association			60,000	50,000
National Theatre			60,000	50,000
NMPAT			50,000	50,000
Northamptonshire Association		ofYouth Clubs	60,000	50,000
Northamptonshire Community		Foundation		876,609
Northamptonshire Historic	Churches Trust		60,000	50,000
Outward Bound Trust			50,000	50,000
PDSA			50,000	50,000
Prince's Trust			50,000	50,000
Prisoners' Education Trust			50,000	50,000
Prostate Cancer UK			50,000
Queen Elizabeth Foundation			50,000
Queen Mary Travis Fellowship				20,000
Royal Academy of Music				150,000
Royal Albert Hall Trust				20,000
Royal Opera House			20,000

Samaritans		50,000
Shelter		eo,ooo	50,000
Stroke Association		50,000	50,000
The Beds, Cambs Northants	Wildlife Trust	50,000	50,000
The Sutton Trust		eo,ooo	50,000
Towcestrians Ltd			20,000
UCL Cancer Institute		50,000
Unicef		100,000	100,000
Water Aid		50,000
Whitley Fund for Nature (2021 grant less than 820,000)			20,000
Woodland Trust		M,ooo	50,000
World Land Trust		50,000	50,000
Zoological Society of London		50,000

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
			f.
Grants made	to institutions	2,586,509	2,586,509	3,269,609
Expenditure	on governance	21,082	21,082	19,340
		2,607,591	2,607,581	3,288,949
Total 2020		3,288,949	3,288,949

		Grant
		funding of	Support	Total	Total
		activities	costs	funds	funds
		2021	2021	2021	2020
Grants made	to institutions	2,586,509		2,586,508	3,269,609
Expenditure	on governance		21,082	21,082	19,340
		2,586,509	21,082	2,607,581	3,288,949
Total 2020		3,269,609	19,340	3,288,949

			Total	Total
		Activities	funds	funds
		2021	2021	2020
Auditors'	remuneration	8,719	8,719	8,346
Auditors'	non audit costs	5,813	5,813	5,456
Secretarial services		6,550	6,550	5,434
Other				104
		21,082	21,082	19,340
Total 2020		19,340	19,340

Statemen	t o	ffu	nds - prior year
								Balance at
			Balance at					31
			1January			Transfers	Gains'	December
			2020	Income	Expenditure	in/out	(Losses)	2020
Unrestricted
funds
Designated
funds
Designated
Funds			1,172,418		(876,609)	(295,809)
General	funds
General	Funds		(872,203)	1,799,467	(2,412,340)	1,485,076
Total
Unrestricted
funds			300,215	1,799,467	(3,288,949)	1,189,267
Endowment
funds
Endowment
Funds			156,445,833		(316,379)	(1,189,267)	11,458,202	166,398,389
Total of	funds		156,746,048	1,799,467	(3,605,328)		11,458,202	166,398,389
Designated		Funds

	Analysis	ofnet ass	ets betwe	en	funds - c	urrent year
						Unrestricted	Endowment		Total
						funds		funds	funds
						2021		2021	2021
	Fixed asset investments						182,132,382		182,132,382
	Current assets					147,966		6,385,070	6,533,036
	Creditors	due within	one year			(147,966)			(147,966)
	Total						188,517,452		188,517,452
	Analysis	ofnet assets between			funds - prior year
						Unrestricted		Endowment	Total
						funds		funds	funds
						2020		2020	2020
	Fixed asset investments						157,671,295		157,671,295
	Current assets					28,050		8,902,454	8,930,504
	Creditors	due within	one year			(28,050)		(125,360)	(153,410)
	Creditors	due in more than one year						(50,000)	(50,000)
	Total						166,398,389		166,398,389
17.	Reconciliation ofnet movement				in funds	to net cash flow from operating		activities
								2021	2020
	Net income for the year (as per Statement					of Financial Activities)		22,119,063	9,652,341
	Adjustments for:
	Gains on	investments						(21,516,696)	(11,440, 729)
	Decrease	in debtors						58,109	32,351
	Decrease	in creditors						(55,444)	(917,620)
	Net cash	provided	by/(used	in)	operating	activities		605,032	(2,673,657)