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|---|---|---|---|
|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|
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|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|||
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||||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|
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||||||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|
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||||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||
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|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|
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|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||
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|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||
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|||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||
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|||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||
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||||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||
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|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|||||||
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||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)|
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