THE PETER BIBBY
CHARITABLE TRUST
UNAUDITED ANNUAL REPORT
& FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30TH JUNE 2021
CHARITY NUMBER- 1161770

THE PETER BIBBY CHARIABLE TRUST
TRUSTEES REPORT FOR THE YEAR ENDED 30TH JUNE 2021
The Trustees present their annual report and financial statements of the charity for the year
ended 30th June 2021.
The financial statements have been prepared in accordan￿ with the charity's trust deed,
the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
OBJECTIVES AND ACTIVITIES
The Trust has been established to make grants for charitable purposes. Grants are only
made to charities known to the settlor and unsolicited applications are therefore not
considered.
Public Benefit
The trustees have considered the Charity Commission guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
Investments have been managed throughout the year by the Investment Managers, with
performance being monitored by the Trustee. The Trust has therefore been able to maintain
its grant-rnaking programme.
FINANCIAL REVIEW
Income totalling of £318,503 (2020.. £18,133) was received during the year. This funded
grants of £8,850 (2020.. £3,325) to charitable organisations. Capital investments were
valued at £994,149 (2020.. £596,990) at the year end.
Reserves Policy
The trust deed permits the spending of capital,. the trustee has, however, agreed to retain
the capital for the time being and to invest it to produce income to make grants. The trustee
is managing the reserves to balance the needs of current and future beneficiaries. It is not
anticipated that the needs of beneficiaries will diminish over time.
Investment Policy and Powers".
The Trustee has the power of investment conferred by the Trustees Act 2000. The
investment strategy is set by the trustees and takes account of recent demands for funds
and an assessment of expected future needs (see Reserves Policy}. The investment policy
and strategy are reviewed with the investment manager at regular intervals. The investment
objective is to maintain, overall, the real value of capital and income.
Risk Management:
The main risks to which the charity is exposed as identified by the Trustee have been
considered and systems have been established to mitigate those risks.

THE PETER BIBBY CHARIABLE TRUST
TRUSTEES REPORT FOR THE YEAR ENDED 30TH JUNE 2021
Plans for the Future
The objectives remain unchanged for the future; the intention is for continued investment
management on a consistent basis and distribution of income to charitable organisations.
Structure. Governance and Management
The Trust was established by a Trust Deed dated 24th April 2015, charity number 1161770
and is administered by its corporate Trustee, Liverpool Charity and Voluntary Services.
REFERENCE AND ADMINISTRATIVE DETAILS
Name
The Peter Bibby Charitable Trust
Charity number
1161770
Principal Offi
LCVS
151 Dale Street
Liverpool
L2 2AH
Liverpool Charity and Voluntary Services (LCVS),
corporate trustee, which is incorporated under the
Companies Act as a company limited by guarantee without
share capital as company number 181759, a registered
charity, number 223485, and a charitable Trust Corporation.
LCVS trustees, who are also its directors, were as follows
during the year.
Heather Akehurst
Sonia Bassey MBE
Mike Thomas
Heather Akehurst
Dorcas Akeju
Sonia Bassey MBE
Maxine Ennis
Jonathan Hesketh
Ken Perry
John Price
Michael Salla
Louise Scholes
Gemma Shone
James Sloan
Mike Thomas
Sue Williams
Neil John Sturmey
Henry Terefenko
{Resigned 27th July 2022)
Investec Wealth & Investment
100 Old Hall Street, Liverpool, L3 9AB
Trustees
Chair
(Resigned 25th November 2021)
(Appointed 25th November 2021)
Treasurer
{Resigned 25th November 2021)
(Resigned 16th November 2021}
(Appointed 20th September 2022)
(Resigned 23rd June 2022)
Investment Manager

THE PETER BIBBY CHARIABLE TRUST
TRUSTEES REPORT FOR THE YEAR ENDED 30TH JUNE 2021
Independent Examiner
Anna Spencer-Gray
RSM UK Tax and Accounting Limited
20 Chapel Street,
Liverpool, L3 9AG
TRUSTEE'S RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The charity trustee is responsible for preparing a trustee's annual report and financial
statements in accordan￿ with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally A￿pted Accounting Practice). The law applicable to charities
in England and Wales requires the charity trustee to prepare financial statements for each
year which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, of the charity for that period. In preparing the
financial statements, the trustee is required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the applicable Charities SORP.
make judgements and estirnates that are reasonable and prudent"
state whether applicable accounting standards have been followed, subject to any
material departures that must be disclosed and explained in the financial statements.,
prepare the financial statements on the going cOn￿rn basis unless it is inappropriate to
presume that the charity will continue in business.
The trustee is responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the financial statements comply with the Charities Act 2011, the applicable
Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. It is
also responsible for safeguarding the assets of the charity and taking reasonable steps for
the prevention and detection of fraud and other irregularities.
Approved by the Trustee and signed on its behalf by
Mike Thomas
Trustee

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF
THE PETER BIBBY CHARIABLE TRUST
I report to the trustee on my examination of the accounts of The Peter Bibby Charitable
Trust {'the charity,) for the year to 30th June 2021, which are set out on pages 6 to 12.
Responsibilities and basis of report
As the trustee of the charity, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the 2011 Act,).
I report in respect of my examination of the charity's accounts carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be
required in an audit and consequently does not cover all the matters that an auditor
considers in giving their opinion on the accounts. The planning and conduct of an audit
goes beyond the limited assurance that an independent examination can provide.
Consequently, l express no opinion as to whether the accounls present a 'true and fair
view, and my report is limited to those specific matters set oul in the independent
examiner's statement.
Independent examiner's statement
I have completed my examination. I confim that no material matters have come to my
attention in connection with the examination giving me reasonable cause to believe that in
any material respect:
accounting records were not kept in respect of the charity as required by section
130 of the 2011 Act, or
2. the accounts do not accord with those records., or
3. the accounts do not comply with the applicable requirements Con￿rning the form
and content of accounts set out in the Charities (Accounts and Reports)
Regulations 2008 other than any requirement that the accounts give a 'true and
fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
Name..
Anna Spencer-Gray
Name of applicable listed body.. The Institute of Chartered Accountants in England and
Wales
Relevant professional qualification or body.. Chartered Accountant
ON BEHALF OF RSM UK TAX AND ACCOUNTING LIMITED
Chartered Accountants
20 Chapel Street
Liverpool
L3 9AG
Date..

THE PETER BIBBY CHARIABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2021
Unrestricted Funds
Capitsl
Funds
2021
Notes
Income
Funds
2021
Total
2021
Total
2020
Income from:
Donations
Investments
2a
2b
300,00
300,000
18,503
18,503
18,133
Totsl incorne
18,503
300,000
318,503 18,133
Expenditure on:
Charitable activtties
9,718
9,718
3,845
Total expenditure
9.718
9,718
3,845
Net income and net
movement in funds before
gains on investments
8,785
300.000
308,785 14,288
Net gainl(loss} on investment
assets
97.159
97,159 (47,924)
Net movement in funds
8,785
397,1 $9
405,944 {33,6361
Reconciliation of funds..
Total funds brought forward
21,066
596,990
618,056 651,692
Total funds carried fO￿ard
29,851
994.149 1,024,000 618,056
The notes on pages 8 to 12 form part of these accounts.

THE PETER BIBBY CHARIABLE TRUST
TH
BALANCE SHEET AS AT 30 JUNE 2021
Notes
30thJune 2021
30th June 2020
Fixed Assets
Investments
994,149
596,990
Current Assets
Cash balance
30,719
21,586
Current Liabilities
Creditors
{868)
(520)
Net Current Assets
29,851
21,066
Net Assets
1,024,000
618,056
The funds of the charity:
Unrestricted Funds:
Capital Funds
Income Funds
994,149
29,851
596,990
21,066
1,024,000
618.056
Approved and authorised for issue by the Trustee and signed on its behalf by
LL,,O
Mike Thomas, Trustee

THE PETER BIBBY CHARIABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021
1. ACCOUNTING POLICIES
Basis of Accounting
The accounts have been prepared under the historical cost convention with items
recognised at cost or transaction value unless otherwise stated in the relevant note{s) to
these accounts. The financial statements have been prepared in accordan￿ with the
Statement of Recommended Practi￿= Accounting and Reporting by Charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS102) (SORP 2019) and the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS102) and Charities Act
2011.
The trust constitutes a public benefit entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The Charity has taken advantage of the provisions in the SORP for Charities applying
FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
Going concern
At the time of approving the accounts, the trustee has reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable
future. Thus, the trustee continues to adopt the going concern basis of accounting in
preparing the accounts.
Investments
In accordance with Statement of Recommended Practice.. Accounting and Reporting by
Charities ISORP 2019}, investments held as fixed assets are stated at fair value.
Realised and unrealised gains and losses are dealt with as movements on the Capital
Fund. Investments are valued at the mid-market price on the valuation date.
Fund accounting
Unrestricted funds are considered 'free' reserves and are available for use or retention at
the discretion of the Trustees, in accordance with the charity's objectives. Free reserves
are undesignated funds available for the furtherance of the general objectives of the
charity.
Income recognition
Income from investments comprises dividend income and interest and are accounted for
when received in the financial year. Donations are recognised at the earlier of notification
or date of re￿ipt, in the case of the third-party donations and legacy income when
re￿iVed by the organisation.
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive
obligation committing the charity to Ihat expenditure, it is probable that settlement will be
required, and the amounl of the obligation can be measured reliably.
All expenditure is accounted for on an accrual basis. All expenses, including support and
governance costs, are allocated or apportioned to the applicable expenditure headings in
the statement of financial activities.

THE PETER BIBBY CHARIABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021
Raising funds costs relate to expenses incurred in the managemenl of the investment
assets. Charitable activities include grant funding, along with associated support costs, to
beneficiaries. These are dealt with in the Statement of Financial Activities when payment
has been approved by the charity. Governan￿ costs relate to compliance with
constitutional and statutory requirements and specifically include all costs incurred by the
charity in producing the Annual Report.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other
short-term liquid investments with original maturities of three months or less, and bank
overdrafts.
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments,
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial
instrumenls.
Financial instruments are recognised in the charity's balan￿ sheet when the charity
becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enforceable right to set off the recognised amounts
and there is an intention to settle on a net basis or to realise the asset and settle the
liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as
receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction pri
unless the arrangement constitutes a financing transaction, where the debt inslrument is
measured at the present value of the future receipts discounted at a market rate of
interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest
rate method.
Dere¢ognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or
are discharged or cancelled.
Taxation
The charity benefits from various exemptions from taxation afforded by tax legislation and
is not liable to corporation tax on income or gains falling within those exemptions. Partial
recovery is made of tax credits on UK dividend income. The charity is not able to recover
Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT.

THE PETER BIBBY CHARIABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021
Critical Accounting Estimates and Judgements
In the application of the charity's accounting policies, the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and
liabilities that are not readily apparent from other sources. The estimates and associated
assumptions are based on historical experience and other factors that are considered to
be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions
to accounting estimales are recognised in the period in which the estimale is revised
where the revision affects only that period, or in the period of the revision and future
periods where the revision affects both current and future periods.
2. Income and endowments from:
Income
Funds
2021
Capital
Funds
2021
Total Total
2021
2020
a. Donation and legacies
Donations
300,000 300,000
b. Investments
Investments dividends and interest
18,503
18,503 18,133
3. Expenditure on charitable activities:
Direct Support & Total
Charitsble Governance
2021
Expenditure
Costs
Total
2020
To make grants for charitable
purposes.
9,217
501 9,718 3,845
Analysed as follows..
2021
2020
Direcl charitable expenditure..
Grant funding
Grant making administration costs -
LCVS
8,850
367
3,325
347
9,217
3,672
io

THE PETER BIBBY CHARIABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021
3. Expenditure on charitable activities continued
2021
2020
Support & Govemance costs..
Independent examination
Administration - LCVS
318
183
173
501
173
Total expenditure on charitable
activities
9,718
3,845
During the year the following grants were made..
2021
2020
Grants to organisations of £1,000
and over
African Trust Ltd
Firs School Bursary Trust
Local Solutions
Neo Community
Wirral Churches Ark Project
Wirral Youth Zone
1,000
1,000
1,000
1,000
1,000
6,000
8,000
850
3,000
325
Other grants
8,850
3,325
4. Fixed Asset Investments
2021
2020
Quoted Investments:
Market value at 1st July 2020
Capital introduced
Unrealised gainl(losses) on
investment assets
596,990
300,000
97,159
644,914
(47,924)
Market value at 30th June 2021
994,149
596,990
Book value at 30th June 2020
547,500
547,500
li

THE PETER BIBBY CHARIABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021
4. Fixed Asset Investments continued
The trust holds 100 % of its fixed asset investments in a Charity Commission
approved pooling scheme, the Settlors, Trust Fund {STF), administered by
Liverpool Charity and Voluntary Services and, at the balan￿ sheet date,
managed by Investec Wealth & Investment_ At 30th June 2021, the assets of the
STF fund had a total market value of £33,037,531 (2020: £28,526,494) of which
£994,149 (2020.. £596,990) is an asset of the trust.
5. Creditors
2021
2020
Administration - LCVS
Independent examination fee
550
318
520
868
520
6. Unrestricted Funds
Income Fund.. Investment income and donations re￿iVed for distribution as
grants to charitable voluntary organisations.
Capital Fund= Funds held provide income for the ongoing activities of the trust.
7. Related Party Transactions
Charitable activities.. these include £367 (2020.. £347) grant making
administration costs payable to LCVS. Support and governan￿ costs include
£183 (2020.- £173), total £550 (2020.. £520) payable to LCVS in respect of
accountancy and trust adminislration which is included in creditors at the year
end.
LCVS is related to the Trust by virtue of being the corporate trustees.
12