The Davld Glbbon8 Foundatlon Unaudlted Financlal Statements 31 March 2021 TH S WESTCOTT Chartered accountants 26-28 Southemhay East Exeter Devon EX1 1NS
The Davld Glbbons Foundatton Year ended 31 March 2021 Pag• Trusteès. annual report Indep8ndent examinetrs re thè tiustees ststemem of finandal a(*vlii Statgment of fman¢ial poslth)n Notes to the linanclai ststemerrts
The Davld Glbbons Foundatlon Trust••8' Anwal Roport Year ended 31 Mftrch 21Y21 The trustees w858rt the rwl the Lmaudited firwKiRI atenrt8 Ot Ihg dwrity tor lh8 y•ar ¢rMJed 31 March 2021. Chwlty rAThb•r 1134r27 24 Php ANvr 8arrrfl DevL EX31 Joh7 Fiar*kn (Chawl Lk Alth Jrr Profess Chrwj lfjr¥J CBE DL Mrs EIiz8b8th Leo Clfv¢ 26.28 S}19raY Ea# Exet EX1 INS
The David Glbbons Foundatlon Tru¥tws' Annual R•port{ro Yoar onded 31 MaTch W21 The 0tr4'eclives aTrJ funthng lor Ihe ¢JarSty c(no frrmn Iht Wil ol Erwl GiLton8. who (bed on the 20 Fetnjary 20CQ. ••tlhm¢rtof the Charity its 9Fth1. The rDalTr tl)ith8 oftr Chwty aT8 10 womote ttwar• arxl ¢.. 1. Pe0¢ ¥ufferhyJ from sicTreB8 or dat4Tty' 2. P•otA8 5ufknlro fmm finarti& hard5hi', aThl 3. The ewy., County cl lknlm Iwllh E8 Dovrm h•Tr) in Y maMerth• TftJ9te&g may deodti. yo&r ts TILMtew haN hod ragard to tho Lwugd ty Ib8 Char(¢y Commi$iion on wblic tndt. Chafty haB b•8n fvly wmplant GOPR aTh1 11 rthani Charty COMMlOn Gutyaae on GovernarKg. Due lo Corortavtru8 re8tricbons m•etrThJs leA th• repyikng year h0 bean ¢•JThJu¢tsd eCtronty. Thi9 has be•n a thl•r0rq pwod, ard w& are wai•lul to gJr Tru8t manaw, Calhy (Al0. for her •xwb• arnl lll$ Tru8kn through Ihii. A new Saleouar(Sing Polky was at th¢ ekDnt Thating hd¢J on 28th A12020. pol 80 cover8 Trltytso vksN8 to 8Ffdkants or reo¥Fi8nls, arvj a Code of for Trusteès. A poIY rngar¢iw Temls aNJ Cor¥Slkr• on th8 of grants ty wvienta. was drafted di8QJB50d by TILstee5. Th1$ i• ncw itKorrmtw inlo tr.01n0' ty)n Icm)s and wotts. BDth Fl)•$ y• ¢knin aNS wth Ihe he ol SolidKfs. Bro6 J¢(kn8on. The Tw6t$ arè dhtsd Ihai ltIM gratts dat8b088 Mart 20a) gyeater aflkn'e66 in thme lor Ihe TnJJts kn Ihelr wepwth.on ID[ meetirg5, Ihe Trusi klanagor. and for IhD59 Mng 8k¥ArAlion3. The Tr1888 arg th'8 movg to 8 weth)minanUy paperkss &yst•m redu¢•d oftt• and gpplunl8' papw cx)nwmMipn. This datae ¥ vwned by the si81W Ctraifty, &"bbJrffj Tru¥t, arKI haH of the ul1 dwy6 Ih•re from The Da Gib FwTrqth)n. htrU"0n lolh)wlThJ r9¢0iPts ¢X gran1#. During Ihe WUT$8 ol Ihg yèaf vAlh the h ol tho new (laiaba6e, V) Charty h81 streamIld its of procedlm, Ihe re4u¥•m8rrt lor ben#tar to r8PJt back. To reflect th¢ swStth to onbne ¢1)r$ 2020: 8mvJ the P8ndorric whw online u8é has IreaSed snIt3rrt1y. Ihe TDJstses afo pas&l to l¥e cornmiwntrj a nvw b$ll8, htVJlgtorAtwst$.org.uW. Thtss rncdem ano Wof•8Skn wst6rte técarnp '18 in November 20a). rnn9 ft eaSr to undwstatKI wuirements for appiyiThJ. For the Irsl time pholos of Vera aré David GibLws have teeTr UDloaded. The cost of ts rw wet6ile ¥As eXtrety reasonab * under £4W, and the Trustw8 exlerKJ Ih8ir lhkS 10 Emma Lg Pcithn, Gvarts A(knini6tratrJr lor Ih? Nryman Famlty Charbiat4e Tt, *Jr herexwbuo
The Davld GIbbO Foundatlon Trustees. Annual ReportftM• Y•ar ended 31 March 227 The CknaTity do&4 not have 8 8pw"IK grant Fdiy in other Ihan to fdkyw Ihe criteria sl4?ulated in th• Trt Oee(J. The TnJs10e5 CLKitinue kn be Warrt in their 8Fvoaeh to ryant-makiThJ. r8se8rchtiiG ch8rtseo Dn the Chaty Commis¥on websile, haviig gght ol ArmEnls lor all organalon$, and acc4pitrKJ appleab.o tr0ft7 with r8fèr8rw. Pdries sur1ound9 th8 payment of grents are reoulavly re¥e. to ty lo minimise th8 risk of frautl. Gr1 payrnert5 ara Pdlj by BACS latter havlw siohl ol barth kntiffcabonl. For war4$ award1 to ¥K6wMJual aWicants BACS payrnents ar proce888d an (gatsaikn I d)tty I StCe wovltter, dyrlaenl th8 ThOtw8 01 the awkatkm. For many years the Charly h85 r8rrt&4 olftce space trom Ihe NornNn Faffl Charfiatle Trust, 8nd CQ8t of thb was splrt sis¢er eh&rity. Howv4w. kn lo Ihe ol Co¥.1$ 8nd th& switch to remote wffjrknng, from 30th June 2021 thg rt kna8q 15 tean ralwuish&d. Al Charity work wlll now b& caFri8d out fffjm t hLne8 01 thè Trusi Manr 4rLI th¢ TrUsIe loi the IN8e¢e9 lutur8. Thk8 411 save the ch'ty rentd ojsls c•Tr lh h us•J lo 8pplkants. Th• Twslges conJrxJ8 to meet quarterty Ihe year w a9$ toth Ih• or•)t BFk81'on$ and off5ce rnatt?rs. behyeon th• T10 Ihe Trust Manager emall i8 Iraquonl. at least woekjy. The Trvso$ eontinu? lo t• ?xw8mty grat•hd kn their T1 M¥nager. Cthy tor hpr thOroh of1khl marqgomaffl mry aupgra ol tho CWB atta(r•. The Truslaes 8re fyjt remurernI tArt Can daim r•awrth travd expwBe$ lo thnd a Tru8te¥g' rr¢8tino cx in the cour88 ol hls or hof dulS. ThiB benefft haj been t8 ol Ihis report. No char¥J88 10 th? Tnxl••8 hov• ikn tl1• yw Iho maktrup ol Twtts r•malnkng 4$ 01 31st Klwch aJ20. No changes In manag¢m?rt ol •ith•i Chailty ha8 tak Lasl y0 rem irKkated pc• man898rW ¢harw bul Iha afo rw has notbeon wulr•d. In Ihe per airsr tht yw eTrJ. tho TnAte88 hav• iak¢fft Ihe dgisK)n to attemk% to amakJamal• tho resory88 01 tho charfly VAIII IIK• ol The F8mity Tru¥1 ltharty rnmber 29)8841 In crfdol to form a rmy Chafftatle bn?rat•J Oryth6atlorb. At the ol wrAwy, Tru6tèeB have aFOn18d a¢ to agS$t Wrfh thkq and lH be •thrvJ to thfr ¢hartt ComrrthNJn for p•im&won lo undwlake ilw60 acik)n8. Dunno this linaFthI year th8 Tnjaew have rA)nlinJ lo dlslthle th• m&ximurn kb)Jne 8vailabb. £108,2101£127,S10 It y&Lrl was awath by way of 78 or8rA198 L95t yoarl. Of thia £19,e92 remainud In Ea4t 0•, in koopu)g th th• TrLt 08 gmrkn8sk% In thi9 area. £fO.473 1£18.8891 was glfi io moUal$ IhroLwJh 18 gnIs128 W ygarl. A lull Ibt ol the oraN6 made to organisath9 IB avalwe aFPer1X b thew accounts. The lafoest uyanl made w&J r Budloigh in Nwl, £5,1)00 th JaryJary 2021, for thoir orwiro Ik 8Ly¥Jth9 kx41 I18 Afleu8d by Ihv The averaoe &ze orant to L¥uar¥BatKXX £l.829 and 1ndp1hlB QS. Th8 Trus18e6 now Ihat the ol ¢8 d8u•awJ sJificarty. from 113 to 78. Pandeffl h88 nani many 01 the wular aFWants are iryrarity un&le to Work a8 nomd. or IlRt WSViQUs grarts awarded havo h•SY ov•r unhi Bervkx8 ¢an reswne and tsofo rwat atiorS have not t*en 11 Is wlh unmen69 rw 2010 t1,186.429 has glft&J kn 869 grart8.
The David Glbbons FourKlatlon
Trusteos. Annual R•port (L¥
Year end•d 31 Mwch 2021
Fkn•n¢l81
A8 r8P)rt•Y la81 y98r. Atyil a)19 the Truse8 a mièw of the inw8slmei)Is and took a
make 8WWrarrt tharo8& DSF £998,930 frcffj Chartes &enl&y, dcéing the
aceount. Th8str fvThYs were transfer# lo CCLA Marement Lrf lo atheve a larpt of funth wilhln
CCIA at eo% ElhKd Fund 8nd 4(r% Prcyerty Furnl. The to chawe &8 gal¥anfy&J ty Ihe
ntniur¥J hbaher yieKts from CCLA * b1 ost ot Charl85 Ihèreby hopir•J to Ire
functs a¥wlabPd for grants.
Thè Trustees on ryJrtinLoJ 1$¢ of Itrwe dww. the Fwfomw
¢Jesprta the In Ihe finsrKial rna. In pLar, dthouoh th? CCL4 FYop8rty FuTrY
I¥eThY& havo ¢8i¥ewJ tyer rA4t year by apWoXkn0iY 2, Tn>61frss ar8 tD note
the rKrease in Eth dMdernl$. •0gMitl bethyrcp oFthe Pathmt.
ThoTOfryo th• Chwty rgpots #n [r)me durkng the yaar of £118,974 (£134,340 fo.. y•af
31103R0201 availablo lor grorts, aft•r fry olfK¥ ¢os.
On 3181 Mwch 2CQ1 tho luThJ% w•r• .? CCLA Elhul Fu))J £2,099.283 Itl,747,e64 at
9110S20201 and th8 CCLA pp¥ Fund £1,,444 1£1232,678 at 31K
The Davld Glbbons Foundatlo TwstaO8' Annual Report (Combw Year ended 31 March 2021 The Yru5tees res$ for pryiro the trusiee< rgrth and the finala1 stm•nts In accordarK8 aThl UNbJ ALVnr9 Slgrlknds KirYJdom G8reralty Acwkny Ac&tyntirKJ Pf&itel. The t¢ chArfllos is) ET¥Jlarnl and Wales r8qu¥•6 the ehartty tnastéés to wepar¢ finartvl slatements for year with w• a true and latr vlew of tho Stats of attr$ of thè eharity of th8 kVMIr4 r¢KJuvc8s aFpItsty)n ol of thetharty f¢r that sot wilabl8 arKI or4Yy thom ccwwgrty; m• ludomgnts 9stim819s Ihaiwe reuaLle atsj WLKl8nt; 8pare lh• firorKa818tstsmèrts ¢ tho c(¥rrem baslts Un86 It * lrwwo1A1a 10 thai the ehuity TII continue In IxoiMBts. Th& Truslo88 afe respMit40 forkyyrrfJ adoquat• rttNd$ that BUtlici•tt 10 81)w afyj 8xFlain th8 charttys tran8ad.oro with r¢sW8b a¢oJracy at aty ttme the finanGlal $lllon cl Ihe eh&rfty aTrJ enAo tl*m ts an6ure Ihat tho fhwKI@1 Swients I1h the Charithx Act 2011. the Ctsrlis Ikrojnts aNI ReFWtsI aré th8 provi$lms ol Iho Trust Deed. arn a180 reyinJty¢ lor MleguaytliTrJ the 488•t8 of tharity atsj hanco for taklry r•asonabkn 8ty for anLI delrt ol fra1 arrtl other IrregulNrfts•. j?[1111 arrfl 4grd M b•half ol the Ixwd Tru8ts88 by. Dr John Fi Trust89
The Davld Glbbons Foundatlon Indepond•nt Examlnerfs Report lo th• Tw8tO98 Ot Th• Davld Glbbong Foundatton Yoar endod 31 March 2021 I rep lo Ihe TrUee3 on my examinattw of the finHnc4d 8tateThrts of Thè DavKI Gilknr FLMJndafic• lllhe charilll lorthe yeRr 0ThI8d 31 Uar¢h >J21. A•qpon•lblllll•• and b•dJ tyt rlport As thè Tru8tO95 ol Ihe thity yeu are reEPW8 for the of tho )ments In OrdKO wth tho ol Charilw kl 2011 Its l¢n. I f8P)rt n r8wi of rrty 9xam1 of lfi•chari finarrial at•manta LxrrW out und8r serthn 145 ol th8 2011 Acl #nd In caryirNJ oth my ttxathnaih I havg tdhjwI all Ihe aat48 Drtan$ gen th• Charty Clammb 80Ctb)n 14515llb} cltheA I hav• ¢0M810 my examinalion. I th4t rK• mal matters hav# corr¢ to my att•nI1 In rJJnn&Mn wllh oxamknath?n gF•iryJ ¢au80 to beliove that in Arry rn8ttr r88P8Ct: acccuriw rw)rd8 ¥Mr• in rnsp of th• ehrty wuwed * s•cUon 1& 011h• finandal ¥tm•rf8 (b) rneuds., th8 ffnarKwl 8ta18m8rts dts not Corn wlh the grylcatdo rnwlromm ¢•Al f¢m ol a¢c4unb ¥t wl in the chari1$ IAKounts aTrJ Rety)rlsl Rewlalion8 2[118 othgr than ony rnquirem¢nt that the accoun18 wve 4 Ve 8nd larf %thich is not rnattw tyjnthered aB Pgrt of an Ir¢vndwrt 8x8minatitr). I havo w cfjnwn5 8TrJ ha ccfft amb rK¢ other mattw¥ in th• ex8rninaJDn to whkh attenIN t• In th18 rwl In ordw a wopor uTrS8rsttlIr& ol thg a¢¢ourts to tso r•xh•J. Shona Gr81rDY FCCA ITKlepwdert Exarrimr 26.28 SwthgrnnAy EaBI Exeter EX1 INS Lt ao& i
The David Gibbons Foundallon Statem•nt of Flnonclal A¢tM1189 Yoftr ondod 31 March 2021 luThJs Totsl funth Told lur Imiestmeni irK¥Jme 118.974 118.974 134,340 134.340 118.974 118,974 Eyndltur• Exwdthre on tharttabkry athls To1 expondiiur• I121.) 1121,0)1 1121,0801 1139,9891 1121,0801 1139,9891 Nat gdtWlk)BBg91 ¢Jn 1rNoBknts 324.185 824,185 1148,8981 Ineom•ll•xp•nJtt•rnl and net MOV•nI In luThl• 324.185 1154.3451 Raogndll•Uon of Ipjr Total fund5 brought foward T¢x•I lund• wrknd fonv•rd 33.W27 2.W.529 3M13.956 31W1 3W4,694 3J36.015 3,168.301 3,013.956 Tl •lat•Wt ol lIrId itsSules dl r•>4riMd In Iha year.
The D8vld Glbbon8 Foundaiion Statsment ol Flnanclal Poahlon 31 March 2021 Investrnents 13 3.304.707 2.960.542 Gaeh at barth and in haTrJ 37.79) Cr•thtor•: ll• l•lllng flthln orn y•w 14 4,346 31.308 33,414 3,338.01$ 3,013,958 3,S36,015 1013,956 Totsl au•t• riN•t Il•bMtI•• Fund• ol th• ¢h•rlty EoWment fuThYB unrnstred lund 3a04,694 1980,529 31.321 33.427 Tot•1 ¢h•ihy lund• 15 3,336,015 3.013,956 I. an¢bd swernn18 apyov•J t•)aryl of Tnryttsi arKI authryM•J lor i8Wg on and ar¢ s¥Jn8d on beh1 of the bowd '. DrJthn (chr) Trus*e Or Ckn NK•£h
Tho Davld Glbbons Foundatlon Notes to the FIn0] Slatem•nts Yoar ended 31 VAr¢h 2021 The chty is ? tendrt entity arKI a wsteswj in and aTrJ Wl¢5 and 18 unirujrrmted. Tho aLbJr65s c4 the wirKipal ofke 24 Phi) A¥8nw, Bamsw, Devon, EX31 3Aa. S1•t•nl ol coryill•n¢• These lknanciAI stmentS been wepar&J In lth FRS 102, Th• Financial RewrtiNJ &andard the UK a1 ts RepLt4r of Ir8W. Statement of Prxtict appl9 bj thwiis FY8pathg theLr In ardance wlth the Final1 stafyJariJ app&b n the UK and ReiC of IroJ8TrJ IFRS 1021 ICharltl88 SOBP IFRS 10211 and the Chantie8 Plt 3)1 i. & A¢cwntro polW•• fInarK1 stalemeN8 have woparbs the cost bas$, a6 difIed by the reVuatIon of wlaln Iln&ti1 Ilabuhkns arbj irNestmoni wop8f11&8 m•asured at Ir V8hJe thr Ir%1 u gxpgrthtw•. find 41grnwts w• (¥4)¥ed kn si•rfivd, wNch il the lurKlb)r41 cwrw ot th• efttrty. Golng conewn There aro no mai•ri¥l th•iaWs abilty to CoTr. DI191r••%• Ih• eharity has l•kon ath8ri8g8 ofth¥ kn FRS102 Imm Ih• r•wLont topr&kn• cathlbJ 8m81 beeaLt9• it18 asm1 chwty. The kYeFdraticffl of th• hnantsal &W•m•nts wir•s mana[rn? lo rnak8 ILKlggmgnl$, •Sllmatss aasumptiort th&t aft1 the amouftts rewrt8d. Tha8• •stirn•6 th1 judpmtnts are cortiThJally revNYa(l aNI are bag&I en experiw¢¢ and gthw laclor6, exrtionS 01 lulur& 8VWl$ tst we bolw•J tobo urth tho dr¢um4aw. Pund •KouTrllng Unr8BtnctsJ funth are ¢S)nthrd arKI (thor or 08n•rat•d lor tha objects of the charty ithoul furlh8r wif¢ sxjryw whKh th• tharity m8y lor it# purpJ8e at its Pèrmarent thK1owiient fur¥JB are r•lw"rn¢ intant arnl rnv8t noi O• SnI •xc8PI Ly way ol inveslrrni management loès w geMra wiwme fw T incuno trom thls
The Davld Glbbons Foundaiion Notes to ts Flnanclal Slatom8iitsiw•Y4 Year Mded 31 March 21Y21 J in¢4miThJ 168wrs ar• ixknleAI in th• $laieThrt ol r£twtii8s when lh¢ efarity ig ontEI8d tD t• inoTh aMrt cen ba quarthfd ryth feawnablg &)xwacy. Tr l(Akthnp specific pra85 aro awigd ¢0 pariKular LeoJries o15t¥xr¢.' Vdunt8ry way ol wts, thlftatry ar¥J gllL8 and • 1K1ed in full it) th? stat¢rrnnt of adfvhlos when receN8Yh. Grants tlfe entitiernt Ls t ¢wditloft on the d8llvery of a Sl.¢ ty t1 ¢htirity are Ihe tharty b8COrn8& CldIl)nty enli1 to Ihe IrKom• trcm lrniastmerts thè y•ar In rex•brnWè. Exp&ttUre W rwrlA•d on •n b&•l• 8 Ii&IHty ré irr•. Exp•r•Yhuro IndudoB arby VAT whih e4nTrX ¢ futy aTrJ $ r8wi&J a¥ 01 ts expr¥Jilure to which It reigies. Chofftabl8 experdtrJr• trrrJ In th• of N6 athlllgs Bofv¢os Sy its t41)0f18rS. tt ind1$6 t¥Jth costs th can t¢ kn¢&I8d dirgdy to 8uch oc4Nfti8B 8NI those costs ol an ibJire¢t njlure noco68ary10 WPfOI them. GOv•Ma cots rerye$ont trtArtabkn 10 athilrtstratbn arnl ilh slalutory r¢qiirenr Unlist&J •tyly i1•J[w we at ¢osi, aThJ 8uLwJgnty m•A8w•J W I•w valug. Sf lair wirwJlh asels arg fflea8uoJ at copl1•55 Impalnnènt. LI8t•LI In¥e6lrr¢nts ar• m8a6ui•J It lalr V&• In lak VI0 f•x4Thd In incom¢ ry •xpeTrJrt%n. InvemBnt prop¥ty Investrneni i Inlilllty rn¢4)rdj ai Cp)s1, •K&rtloF purchas• wxf any ¢Jrect attrbLrtal)le Investmenl FYoFwty is to rts faw veh si eath rwhii date aThJ ony ¢twiges ifi fwr valje are in 4 reliab m8a6w8 of Ig¥ vauo * rJ loro8r a1&ble wihoul o)st or •lkytfor an iiwn of Invesirnt prowrty.. it Sh t• transfgrred to a858ts treabJ a• unll It is exed that fairvalue tA b8 r81Fably m8a8W8kk on an orfrgory A firwnod assth or a finwTht iabiltty ts rewJni%e(F choAty becom&s a party to the conlractu& of Iha inslrLrnII. 10
The David Glbl)ons Foundalion Notes to tho Financial Stat8m•nt81(m•x¥o1 Yeay ended 31 M•r¢h 2021 S A¢counllng pollcl88 Bask inslrum8nls ar• r¢cwthd al ts amunt ie&b or lbd any trarlOn¢twts. Current 889ets arKI o>rrnrt are Measu at Ih¢ oth COn%Kler61ion OVthJlo be arnj 1 WhoTe Irwosb))•nts in shar85 ar¢ tradJ LY Ih8ir l&r ¥ae can OtheSe b8 rmawre ry, inEtrnt 148rId 81 Iwr valu& chang8s h fak Vu? rwrised in aNI •XFwthr8. hjl thr ¥westrn8nts rnea3urthS at It bss Irnpairmt. har fnawKiai d•riv¥•J. ar• ir• wled at lak v&ue. unles5 payrnt k)r an a8Bo1 Is delorred norm& lf$S terms or lingrrA 8t a rate tsf intsrest Ihat * not 8 moth01 rats. In case th• a88et mgw•J at the PfOWI ¥alufr of th• lutur8 Othw finandal £lrurnents are sut40qrfty nwur•d at l•r value. wlth any chqngss rwi58d in lh• stAtomoNt ol financi •#Nthes, wrfh the eXWt ol InatrLx In a FlnanL?81 a88ots Ihat ws rrwur•J at ¢ixl ry amth8ed cost aro r¢vknd for objocifve 8 of Inywment al tho etsJ of ¢&h repJrbrg Oato. M Ihero ig Otlfv• •vhnc• ol tsnpalmiern. an Ioss 18 recoed uTrJgr a4yyiai• li tho stst•m•n¢ ol 1SnarJal Iviliè6 in the Inttd was recogfth. For dl wlty 1m9rtI I¢#8$ of shJi, othor assth Ihal are dlvkjualty 8lgnVkani, thase are aa#tss•J Irthty for knFQtrML othor linar a6ss w• thther aw88•J lndN•Juty orurouF¢d Ihe b88 01 Imiwr rtsk thardctwist. Any v•v•mh of imFdrmeni w# Imm8thW, 10 •xMnt mer8al ¢k)&g n(rt re8utt ) A eryiThJ anh)unt ol the finurrwf al •xe•ath hal IM earrylr¥ amomt woukj hav8kn hod lrnpalrrrnT not PTevkyJ8ty bn LSrn81it1&J Tat•1 Fwd• UrWe9trgj T¢W FuTrJ& Funds Bank intsrè8t rttdvabla Invo% irK¢Jm8 Olhor COme 47 133.9S3 47 1&3.9$3 340 118.9n 118.9TJ 118.974 11&974 134,340 134,34Q 11
The Davld Glbbons Foundatlon Notés lo th• Flnanclal Stht•monts(w•Nx4 Year OTrd 31 MaY¢h 2021 Furth FLx¥J$ iknts payable Sukwort cogts 108.210 11870 108.210 12,870 121,080 121.080 UrKesrti&l EThJ0wmI Tow Fun¢L4 Fur Fund• 2020 Gra payat4• Fwrt c¥#ts 127,510 11,467 127,510 12.479 1.012 1.012 138.97T 139,989 Glanl lundirJ Tot•1 fund• fijnd 2020 Grants Foyabl• I[.210 108,210 12,870 127,510 12,479 139,989 12NO 12.870 108,210 121, . An#Wof ¢o•l• Granl furn1iThJ WFPX Tow 2021 TO 2020 10,953 9,221 10.953 Investwntle88 IndeF4ndenl l•• Bank Charqos Legal I 340 1270 12,870 12.480 Tho Davkl FouThtion Shares ots Space eTrJ tho ol a Trust Matoer. ernoY Gli t#) Famly Tnmt Duriry lh• yg8r kn•9e wera Shared gqU81y, Ihe David Gttons Fcwndwtsn r•mbLYses the Fon* Trust fly half of alE gra1 olfice aTrY ernployee 8n. Thp Da¥Md Gibl Four•Jalon has wlal [K irfftsbj Inve¥tr1 Man48TS, C¢L4. CCLA inGoTh reTr¥ed rh7101 IrN8s1n f. 12
The David Gibbons Foundallon Notes to tho FIn01 Statem YoAr onded 31 March 2021 & AMFy81¥ gf graThts 20 Grafits lo llrganisaurm aTrJ tafoÈ# 97.737 108,641 Gran1• lo 1ndMdl1 Grants to lThJvklLO 10,473 18.889 Total gr 108.210 127,510 Il•t garn(101) on Erthwrnenl Tot•l Er0onI Tctsl FuTrJs Fur¥lB FundB 2020 (Iher 324.185 324.165 1148.6981 1148.6961 10. IDd•pthd•nt •wln•tknn IM• 20 Fees YLI0 lo Ihe lThyYr•inerft1.. 1.848 11. Tru•ts• mrnI10 •na•xpww• rèmunwatkn h48 been pwd kn tf Tr1•¥$ in thg QJrreN or year. Thg arty has mat •ny oxp8rn88 by TnJ8tw12CQO.. £148 W to one Tru$t8el for MI#g9 IrKurrJ in Avèrxsiry Trustoe m• lThdad In orre $10 retmtr¥Jr8od Th• Gion¥ F8rnilyTTU81. 12. L•yd•• Ufhkn tho i•rTr of Ihe WAI of lats lh Chariry 1$ a t•n•T ol a C48cretkn8ry Trust FurKJ with wjital 01 £35,280 at 31 Marth &21 12CQO'. £37.2261. Thg olhor ben&fwi8rf98 are Ihe Gttx)n8 Family Tw81 aTrJ Mr 83nfldd. 8 lgrmor •mpby¢ of Mr GbbJr•(8da 10 d MTG dthj 14 2(#J41. In athlhkn the Da¥Ad Gth)r• il akn rKa¥e ab8oILrtdy a FYoF¢rty purch8s9J utK1erth• tm of Ihe Wil. The sarre &iWoy•o has t b•xfft of Ihe 118llm8 8nd on hi8 dealh the FlopY hill lo tho DavJ G1X)n8 FUJratr. Th• propty wa8 valwd by E•1# £ag0.QXI In Oo¥(thr 2010 (Prknty ¥atyJed ai £4,0 al ttme ol OavKI all)bS. (Jeaih 7 X(Ql. 13
The Davld Gibbons Fwndallon Not98 to th• Flnan¢lal Slatementsi(•M Year endod 31 IA¥rch 2021 13. lTh¥¢stmwts CCLA Prq)erty CCLA Ett Fund Totsl Al I Pyil 20 'c¢ Fair movements 1.232.878 1,747,884 1980,542 127.2341 1205.444 1099263 3.304.707 351.399 324,185 At 31 M•r¢h >)21 knylnn•nt Al 1 Aprtl 2020 and 81 2tr21 Canwny amou At 31 March X121 I2444 2,0ga263 3,304,707 1232.678 1,747.864 2,980,S42 Al 31 Marth 2020 Al imakn•M8 valuation. 14. Cr•¢hYm: du•v•lUth¥ ()• y• dglerrwl knMI Cfedllor8 1,848 2,498 4.028 IS. AMly•l• of rhirfta14• fwNI• GJrr4 At 91 M•r¢h 1W121r20 )rna EXre 118,974 1121,OW)I Umtrkxed furb At l N4Jrll ¥J19 Ga6 and At 91 March 1061eB 2020 Expidnure 134,340 113B,9771 33.427
The David Gibbons Foundati Noios lo Ihe Flnan¢lal Slatsmentsld Year endod 31 ltsrch 2021 Gth and At¥1 Uw¢h FuTrJ a980.529 324,1&5 3,.694 13aln8 aTh1 At 31 Maw 1 Apth X$19 Incts71• Eyoth¥• Permwffjnl En¢k)wTrwrt 8.130237 11.0121 1148,6961 2.9,529 Ufft8trrtwJ ETrJownent Tot•1 Fynd$ Furt18 Fu8 Inv961rrnnts Current as50ts Cr&ors le Ihan l year 13 3204.694 3,304,707 35,338 35338 14,028) 14,0281 31,321 3a04.894 3,338.015 Erth*wnt TOW FuTh#g Furth 2020 Fur veslTrnts Curr•Thi as88ts Credit3 Iqs8 thon l year 12 a980,530 2.W,542 37,780 37,760 14.3461 14P481 93,426 2,WJ,530 3,013,956 17. R•lthd p•rtyir•n4•ctloTr• OurKtg tho yaar Ihe Chwty wovlde(S a wani of £4.000 to Exotw Leukernla FuTrY, a charity Trust88, relP1 ot a 6ur%es8fv1 aprAthon [2019: £4.1)JOl. Thlg grant Was madg 18. Th¢1•1 Imirun Fina1 assets alla aThJ &>)4.707 2,W 15
The Davld Glbbons Foundation Grant Appwdlx 1- Grarrts to 0tIOnS11810d 04>habotlcally Y•ar •nded 31 March 2021 PudlekJh Satt•t Rdlol in Kkno11 Clariry 5,000 LivwvJ optw5 Devon Afghantan Cenird A?"•1 1,$00 trar Axmlnstsr Fo(rt18arlE 1.5DO Carp81 IExrl British Wreless lor lh8 11 Fur¢r 9Y) IAANageABLE m9y¢ EJ¥Jin•wlry R8wrc8 Urdt 2,SOO WERUI 1,000 l•gh sdiertfm Relw C811br• Audkj li r4iive Beltys C Croditon Fooutnk I,1)XJ Mcltonl I MHA 1,IxJ) Noah% Plac8 3.(ts) N(th HosFè Dartmoulh Carfng Deafoll UK Davon in 3,Lh)O 1.( OFen DON Emouth Ptymouth Cty cJH CommLml 1,fKQ Team PurF49 Drtil knarw Dovon Lhk.Up ExeALWS8 IEx•tsr Trar•F#Jt A88opJaiknnl Ex•iw Cortyfiunhy IndialvgB Exeiw L•uka8rrta Fw Exmouth in N8tyJ Exmouth GataY rj Exmoulh WeM8r• Twst Fo(JC 5(p) 1,5fy) RAF Bwwol•nt FuThJ 4,0Tr) RvAlalBe Re$ty'ie HlayS fjc 1,730 2.OLKS 1.2 1,0 1,OC•J 1.3W] S88th1ty 2AJ) * Valty Feod 8ar St BLKloaux CknJrth CornmuThty H1 3.1 C¢mnlttO0 2.CWJ S¥Jp lty Evwyone ISAFEI I. THal &)nta¢# c4rth l.CQ) Tr E8iuary Le) of Fr1 l.(Ka) File FpJM•ts ¢.rIty 2.0 Thè LIr¢ TrIt I,¢JcKI Tml HcMAs Lh# f,(KKI TRIP CTA TTVS18tJgtryd aThl Ntr1h 675 NknYKJry CBles1 ?,OCQ Twntst4è FumMw• FORCE Carw Chadty Faerth SIKJ F8mllk8 ol spec1 Children Go Noth Dovon Ishowrttiktyl Headway De¥on HO&n0 lor Dgaf P8 +4ommak8r sh HorUctsKural Therw Tnmt Howtscaro i.ooo 2,0 2.000 7) 2,888 4,OC#) Klrythdgg Area Fothk Tol•l 9&J33 PdI r*Jrn•d 12,1961 pAld 97,737 18
The David Glbbonj Foundatlon Qrorrt Appendlx 2- Granls over £2,(WXI Year ended 31 March 2021 B11 Samon Rdknl in Need Chwity 7umtthe Ex•t£r LeIa Fw 04trrnuth C&irY4 Nfylhem Devm FOlL Exmouth Gateway Club FORCE Car Charity Plymouth Cfy Courtd Commnty 1kn08c looo TTVS IBbJ•fwd Nrylh Devon Klemory CaleJl 8udlopah S8tterton N••(I Cknty Mlal £11006nrO 0jr¢0 Urwt IMERUI Orn Exmoulh Thfj E8tuary Loagu• of Exm¢Jrth In Awoft H04Fke Norfh Devon Hosr FrteTr18 F8milies of SpwJd Chen Iowddoa Area Fo¢¢Snk Tho Ftr• FKJht¥rs Chodty Hom6mik8r South 2.rAJo 2,)0 2,000 T Hw8e Lld Totsl 17