2021-03-31-accounts

REGISTIIATW)N NUPIBER.. 2W84 The Glbbons Famlly Trust Unaudlted Financlal Ststements 31 March 2021 THOl4lA Chartered aceountanls 26-28 Soumeinhay Easl Exeter Devon EX1 1NS WEST

The Glbbons Famlly Trust FInancI￿ Statsmont8 Year erKJed 31 March 2021 Trustees. anrHJal report Indepondenl examinerf8 rwl to the trustees Siat8menl of lin￿cial a¢lpiits88 Slalernent of financial F)sli)n Notes to the linanciBI statement8

The Glbbons Famlly Trust Trustse8' Annual Report Year endod 31 Ilareh 2021 The trustg9s rewrt •bY the ltsxTh￿al stslgrnnts of ts clrlty lor th• yo ended 31 Maich 2021. R•l•r•nco•nd•thfnl•lralh• d•l•h RwJl•t•r•d C￿rffy Thè Gl1￿8 Famty Tn4t Prfn¢lp•l ¢)ffi¢• 24 Philip Avgr Dgvon EX313 John Frankith Iclwtr) C Mith Joyner Profe$sor Chfis C8E DL Mr8 Eloab•th L89 Dr Clvo &Lttsro6 1nd•P•￿Ilnt •x•ml 2&28 Sothw￿Y E8st Exoler EXI 1NS

The Glbbons Famlly Trnst Trusts85' Annual Report￿￿￿) Year endod 31 March 2021 Grants are ty th8 Tru5tee5 in thgr #writab￿ ￿￿￿)￿85 0)nc￿n&y %￿th the ￿[tar6 olchildren and y￿rrfJ lup the ag8 01251 tn Dewn th8 of Tha￿1 in KènL I the caje of Oe¥on there ks rxolererut lordi￿ren ar¥J youw peorlo from E8St Dovon. Thi5 Ch¥ty Sthtarts1￿ borfrtteLI lff)m ￿15 of Da￿d EmB8t Gloro Vwa Mqy GfatxJn6. tho in 2tX)8 and 2￿9 res￿￿¥•￿. These WilL8 I8￿ out Str￿1 trit￿8 lor tho Charity erates, the Tru8t•86 ar• 8￿re ol arnl mKlw h8 at ￿1 tim•s. Durfro Ihe yeej tho TrU￿e￿ kn had ￿ lo the gldic 158u&J ty tho Chaty pubuc tenofft. The Chty has t4en fuly eamplianl with GOPR and all rgtr48nt Charity C&nmLqsFon on Govgrnanc•. Duo to Cwwavwus FesthdiorA dl m8ebnus lor the rowrting ygar hava teen corKluct&1 ectronk&My. Tb.b hes a ¢h8lbwino 8Thd wo are gratofvl Trusl managor, Gathy Hwhton, Ic¢ hw •xrrtlBo aThY ￿11$ in Tru)t¢8S throu￿ this. A nthy Saf•2u8rdh)g Pol dknus8•J abxs p488d at Ihe h•hJ on 281h April 2020. d80 1>)ver8 Tru818e rf$Mg 10 a CcM￿S￿lI￿1 a wtht8, httpsJlobb)n4tnJO$.org.ukl Th& modem 8ThJ rKoJ&q8wal ¥v6ite 1N•' in Nov8mt4r 2020. making rt easier lo unde'.gtar rffjuifwn¢nts aFptyiro. tre filsi phot08 of V8ra atKJ Dawd Gthr¢ have teen uploadad. The c03t ol rEw webth was ¥xtre￿￿ Tr88Mable 8t U￿or £400. and TruBt88$ extend thr thank6 lo Emma L8 I￿#¥4n. Qrards Athirknlor kn thg Noman Famity ChwhatrJ8 Trust. h8r 8XFertise aTrJ

The Glbbon$ Family Trust Trusteej. Annual ReportlCLNth Year ended 31 March 2021 The Charity ¢es tx)t have a grant rK4ty In plat Other than lo fdlJw the yh8rfa stiwlai•d in Ihe Trust De&J. Th& Trusl•os ¢xi￿r#Je to ￿ wjlant in théw approath lo grant.makSro, re￿chI￿j charilles on Charty Comm48s¥Jn wthit8. ￿ht ot Pw)unts for all wisatsoTS, a aCCep￿n0 appUGaik)ns ofily frLYn indAihknb ith refeferThs. Pc4icies &jrr￿l￿IirwJ the payment ol Grants ￿ regularty re¥￿, lo try to rnin1￿M58 the risk of fraud. (knt payM￿ts ar• paKI ty BACS (after havlng 5iJhl ol bank thnDftst￿I. For qrarés award8(S to app￿Ca[￿S BACS paymènts ar8 rw$s￿j vla an ¢yg4rWsati(￿ i dwtty 18erVI￿ dIF￿ on Ihe rt￿re ol Ihe a￿l￿a"on. For many years the Chaty has wigd ollk• 4>a(¥ frvm thg Norman Farnlty Tr￿, the cost of IhL8 was 8rAtt ffjually rt5 Sister charity. However, 10 the impacl of C￿1￿.19 the swttch to remote w￿n0, Irom 3(rth JLm8 2021 th8 rwtsl lea8e has tsen faliwished. ￿1 Charity work will now bg ¢athaY ¢Jrt from th• gf Tnm Marwger tho Trustee5 for the lores88at4¢ lutur6. This WHI savg th8 Ch￿ty r￿al hi¢h ¢an thDn bo used lo bgngfh appl￿nts. The Trust•es csMinu8 to m￿1 fWart•dy throkffjh tha year tr) ds(4w l)0th tho 9ranl 8ppkncakn￿￿ and ollice matters. Ou181 of o)ritxt bgtrwwn Ihg Tr¢￿086 arK1 ts Trusl KLMag8r vkq ern￿1 Ir•quènl, alloast WWY. Th8 TnJsie8& c()nliw8 to b¢ welul lo Ih8lr Twtst Maftaw, Cathy PbLwJhtw, for her thorough ar¥J aff￿￿nI Man94￿nI ol ew ol th? ClwiW¥ atfw'r8. The Trusl886 r￿1 remunera￿1 ean damn rea80￿9 travd exw88S to atte￿1 a Trustees, mO8liW C￿ In the courne of hls ef ￿r duty￿ Thi8 bonofit ha8 INX ten vnthed durtNJ thè ol this ￿￿Or1. No eharg88 10 Ihe Trus￿¢• h￿6 tak•n Ihkn y¢w rnako￿p ol TNth•S rernwniry as of 31st Marth W20. No ¢hange8 kn fflanaggnrt ol olllw Clwrlty h&B iaken ￿4¢•. L•¥t rvwrt In(kat&l wgglblg rnawerial bul the Tru51•08 are hw to rw thL8 haj rK4 1)8w ra]Lire¢. In Ihè Feric#J art01 th8 y•ar a￿1. ts Twsto06 havo takn Ihe d8dsth ￿ a￿Mpl to thè r8S8fves ol thè wilh Ihw ol Thtr DavS Gi)n8 Fwtsjalkn ltharity rrtjmbw 11347271 in order to I￿rn a now OrgaTh￿tion. At the bme ol il¥w. ihe Tru8te66 have appointed Iggal a¢vi9C¥8 10 a8W6t wilh thts VAI bg or•Yln9 10 I￿ Cw•mra8 for permwhjn to uTrYertake th0s0 DurirKJ thi% lirnfiual year lh¢ Trufjteu eontlrwd to in gronts Ih? rna¥Jnwm amowl avdlatle £83,950 1£87,%Q W yow). Th15 dl#fbuW Ihwh $7 ￿ 183 ygarl. Tho avwag8 siz& grant was £1,4n1£1.889 ¥1 a1201. Of IhL8. Q3.4801£19A60 in Wdo. t21￿ in 20191 distrknt•d to rygarasatrws In Thart, arKI ltsrther £4.250 to 0rgantsat￿J￿ wklig both in Devon Th￿et. A lOta101 £7.ClJ7 It8.494 m 20201 was InL￿d￿all Ihrow 13 wanl•. 19 last y•wl. Th• rgASt grani was rnade lo Oas DOM0￿1¢ SoN(. Thanat, £4.980. This r•JuLv apF4kgnt has seen dern8￿ lor Services 4r￿￿￿ durinu the ParéémK. in L>Jrn[￿n viAh oll]8r ats￿9 ibe6. A full Ik8t 91 the gronts made ￿ lyuanw1￿rn 18 48 an aFprwJrA to Ih¢8e a￿unts. The Trustees ￿led Ih81 the of aFf4Kakns dmased. Irom &3 to 57. Tho Pand8mic has meant many of Ihe reguLqt aprjwts are ellhw 18mpowity unat48 to woth as normd, or that pravw$ grant8 Award￿ ha￿ bgen hdd sw¥Ko ￿ rewtne and trwoforo ry8t appI￿a￿D￿8 have not lty￿d.

The Gibl)ons Famlly Trust Tru8tO88' Annual Report￿￿￿ Year ond¢d 31 2021 The TnJ88¥ are very ftts)rd Irrtal fft 4rtr 2010 kn8￿ now £1.033.910 way 01724gyani8. Ftrwnolal Ile¥knw A5 T8POrt•Y last y￿. li Aryil ￿19 thg Twuste88 urthYert(x a revew of the invostm￿t8 and loc4( d¥¥)n to rnakts s¥JnthGaN chaw. Tho G1t￿S Famity Trus¢ wthdr8w £1.045,438 frc4n Ch8rlg8 stan￿Y, the acwunt. These lund8 w¢r¢ trar61fj￿ 10 CCLA Ilanag•mN kn¢Y. 10 ￿h￿ve target ol fuTrJs wrfhin CCLA at 60% Ethu Fur1 aNJ 40% Prc¢•ty Flmd. Th8 to chanoe wa¥ alvaniseL1 ty Ihg conbr•Jiry hh3her ylYs fr¢xn CCLA at hdl I￿ LxN of Charfe8 Stanley. thereby hoplNJ to Irrfvea8e fuThds lor orants. The Trustees report ¢onth￿d Sal￿￿#10n ot th058 thatw and fv wntiN8d strono rfoFmanc8 dwrte Ihfr turtl￿r￿A in th¢ hn4ndal mafv4ts. In ￿rbCuL9r. dthouqh Ihe CCLA Pr￿ety Fund hav8 doueas•J over the past ygar a￿)rOxhnatefy pba8gd rK)le the YKrea$8 in Elh￿ FurO dMd•Thls. agalnst the b&drop of the PaTrJgmr. The Chity had an knvJm• af £89.455 (£102348 Lq•l y•arl y•v to 31 2021. irKornB r•c•i¥ed wa8 Invasknent InoJrn• from CCL4. whilgl tlw Family TnJ?t •Jtrecty 89veral othor sn￿1 i￿08￿￿0n￿ L￿￿￿￿8￿￿ no Ovidond& havo rt4xived Irom them Sir￿ th8 art 01 CovbJ-19. A8 alway8, th• ChArrty til•¥ lo k• offirh cosls frtyTr) Unrestthd to a miniftyjm. so aB to rnthm5se grant SF•idir¥d. arrKJuntod to £14.182 1£14,538 in 2D201. Iho TrustOè8 loc4( d&lon to ￿ra￿ a £9,225 the Expenéable Fund5 liw ol olftc• and IT cost8. SF¢dKaty. Ihks wa¥ olj costs relalrwJ to th• vrtitlon off datgbaB8 iMtbJ In March 2019, IMalat￿ ot In Mwch 2020. Tha low ￿¥01 ol ¢0818 T•1￿ th• p)ssW lo th shamg of ofkn aTrJ rnseurceè Davkl Git#￿8 FoL¥KJakn. Funda at the 31$1 Marth 2021 stotyj * Ihts CCLA FurL £1,577.330 1£IJ22,832 al 31103120201, tho CCLA Proporty £WS.2291£925,W last yew) The TrU￿e88 will lo mgnrtor dwly ￿1 recwved valLM. A• ncithy ve, Ihis TnAt hokl 3 srnal inve6tm?rt8 dwecly in cowo4 ￿)harlI￿d Ihe Eswt• crf Ml98 Ver8 Gibbons. Thwr W￿1n&j vatua at 31st Marth 2021 was rJo.85312020'. £23,627). Thé Trustws the Ba￿[￿ W ar#l At £2,&39.4a). io.297.629 at 311(fjr20WI. Dth'lj lh￿¥ transa￿10￿ 8hMI In 16 R•N•l￿d Inw•kn•rt pollvl Th8 f888fv•B ol Th8 GknbO￿ Famlty TNst wg mpd¢ 4) cl zn UrYestrthJ. an ExpÈnd&bl8 E[¥￿￿￿£r￿, artl a Pwrrranern £TrJryMnent Fur￿. For the Unreslitled Fund lh8 Truslees (wat8 a ?ero level odky, in that aim lo $pgnd each yw dl tha incoTh 8TrAlable ￿ them from Inveslrnents. alter aJthirwJ lor the m￿lma1 offte exp•n8e8. t the int•nliJn ol th• T￿￿t••$ bu1￿￿ ffj UJY•strkx&l Aes8rv88. currenl level of £23,484 in the accounts has thri#th m#ny years ol small surpluse5 due 10 awintiro jU5trnents, ￿thEr sU￿v9 WhlLgt a Bmau cash '1￿ 6 mairrtartd, * each rneeting the 7rv5tee5 attrKate 10 qrarns a8 48 Ihe bart accourts ill lor. Tner8 aro no othof finsntad eomrtmwts ￿ thlB FurKI Ih8t wBre a level ol re5wves to ie mrrtwnS. Th8 Exp8Th18b￿ EThJowmenr FiThJ can t. ￿ h85 Ihe as no￿ thve, used for the Fsymgtrt fjf gratts cr r&rtAJr8ement Ir￿￿ n free$ up mrxe ino)n Irx ant SPe￿ling. ThNs at of IhB TrLthes. A Th￿￿sary ￿e1 of 1888N8S 15 Ihis Fund IG not WLtYed as Ihve ar• no dBpwdent . Ai t1￿ 31 March 2021 the ￿ance on fur¥Swas £897.8W21£815,182 ni 20201.

The Gibbons Famlly Trust Trustses. Annual Roport(&Mt• Year ended 31 March 2021 The Pemiarent &￿th¥Merrt c&nml be ty tts Tn$15 for aty reason, as thg rtrarn8 5ugge5ts. Thls 8xisIs to ge￿rats ir¥>)Jne, which 18 tr8ated 88 Unresbicted. Atthe 31 k4arc 2021 thè War¢o w Ihi8 funLI was t1.61Q134.1£1.459,51 t in 21J201 In¥6￿MI￿t irwme gewalti) e5s•ntd fry ttE Tff￿t to cprnte as a gr3nl-makw. L8V818 Ot l11￿￿e[KI income are trwuerty r•Awwed arb3 comfftunlL¥Uon with thè InvèÈtmgnt manager is rgoular. H￿ver ih&TwsteaÈ 8rg ￿¥0 careful kn e4MNJ8r Lphal br tyJrwt¢rm IrD)me generalbn. Rl•k u••Mm8nt 7ho Risk Assessrnem &at•mgnt has bo￿ by Tru6ts81 aryj thanggs made COn8eqU8rt •xE4rfsr￿. The Trn$teg8 are resP￿th lty s¥epw Ihe anrn￿ reF¢yt aroj Iho f￿￿claI sts18￿￿[ts in aoxJrdar¢g wth law tjnw Kirwm ¢3&wrnly kn8O•J w)unlltYJ Pradu. Law apFIK)le to charit￿ in EntyaThl aTrJ W th8 Twstse6 to wepare fin￿ 8latsment8 14y •xh finarwiol yoar grwe a Afvj IW'T of thwty'8 ftnandal acthle8 during thg ytsai and ol linar￿￿￿1 at ¢rd of tm yew. ffoart4al statomenls ￿VIr￿ Irue lar wew. the T1￿￿e8 Are rwull￿ to.. Make lu(Wrn&nis eBtlm8te8 thai aro rwon8t4e aNJ wdaffl., Prepare thè linanaal 8¢alem8nts on th8 gciThJ tx)Thxn basls l L8 1rwcy￿t to wo$um? that th• charity will ¢onlinLk8 In ¢wration', . Slats a¢xounth"ro glanLth have b8M foltmd. $ut4￿ to ary matA41 (19parluies disclosJ and exF4ain&l in the ffina￿ 8taknNrts', and Prewo Ihe tlrw¢d $www16 cffj Iho gdno conc9m tJa8 it li Irwoprth to preswe Ihai tho ¢harty will eonbnue The Tru8t8 ar8 rwnwe fly adwuth 8b)Junlry wl¢h dlsdoso rea9￿bI? accuracy al any Vme the ptthn ol th• ¢hsrfty arnt 9Tr8bl¢ Ihem to engure trat tho fina￿1￿ statomm CoM￿Y with the ChaThba8 ALI a)1 l. th& Charlty (Actwnts arn1 Flwrt81 Regulaiiort$ 2LY)8 aTrJ th¢ pro¥lsb)r4 01 tho IrLS#t deBd. Tlw are d80 re8ry)Mitd8 8af•Ju8rdno the 48se18 01 the charity arby herKe tor tth.no matrfwbl• 8tq)8 lor the pr￿￿110￿ a￿9 d￿lI)n ot Iraud and Jther iwknrttyea. Thg Trujtees. annu￿ r•p)rt on...... ... . ............. b•half of Ihe of Truslee8 *' John Fra￿1•h Tw8ts9

The Glbbons Famlly Trusl Indopondont Exomlnovs R•port to thg Tn￿19￿ 01 Th Glbbons Famlly Trust Year ended 31 M•rch 2021 I rep)rt to the Trwleos a) ry examlnal¥)n ol tha Ih)&KlaJ 81atwnents of Tho GtèorB Famdy Tru8t Ilhe tharty) for th8 year 31 2021. A•wnblllU•s and b•¥l• ol rwrt As th8 TrustO8s of IIK8 ¢harfty you arn roSP¢Thtle for th8 of th• finaNial Slat￿￿ts in rd8[￿? wth the rwiremerts ol th8 ChariiS a111 Ilh8 A￿). I rawt tyi r•swt ol my examlnatlon cd lh8 chwltyj 8tat￿￿S c4mJ 0￿ urxler 8KtiDn 14S of lh8 2011 Act In corrying oul my exarin0b￿ I hovt OPFlicabb &reotky• g￿Ven by th8 Charity commiss￿fi 145151(bl Art I have comphted rty examlnAb'on. l ¢t￿￿1m) tral rKJ ma￿1 mattels hav8 ojmè to ry In ¢bJnnKlion wth the ¢xaminai)n gmffj m Cau￿ to bdlwe that ITr ary matsrial r¢8poci.' &cl￿U01￿j recort wer• not ke0 rewxt ol th&y as r&autsY by IXI ol Ih• 4., or thè lin￿ Btst•m0n￿ ¢1) Th)t r¥xi ihe apFI￿A8 r8quir•ments concorth th frym ar¥$ ￿rf¢nI ol ae¢ouNS In the c￿￿b￿S Ikcouftts and R•portsl Re9brati￿ ¢lhgr inan any fOWlr￿ent that the 14)￿Ul￿ gN? a aThJ Iglf vlew 1$ Trjt a .atter crmwdered 88 Fqrt ol an irKlynd•ni •xamirrdMn. I ry) conc4Jrr arKI haTrMJ com• Ltrr motters In eonnikni rylh Ib• gxaminalon to whlch affw¥on shoukl te In I4X￿ wi <Jrdw b) a pYfpBr uThlw¥tafidlw of tt count8 lo ￿ reactr•J. hofta Gcelroy FCCA EKBmir 28.28 $￿tr8￿￿8Y E￿t £x•l•r EX1 Img 3f¥

The Glbbons Family TNst Slatement of Flnan¢lal Actlvttles Year oilded 31 Alar¢h 2021 fuTh 89.455 89,455 1Q2,348 B9.455 89,455 102.348 Ex￿ndlbj ExpeThJitur8 on 5 Othar expeThJitLue 188.1321 198.1321 (lo2,￿> I2,4(￿) 198,1&1 198,1321 1104.4381 N81 ga&￿{￿)8￿) on IrwtsbneThts 10 N•t IiKom•/l•xpwidlUw•l Tran61ern beM8n 91.846 1M623 250.468 1127,5051 18,6n) 91,846 158.823 241,791 1129,5951 9225 192251 158,623 241,791 1129,5951 fl•Eonclllaiton of fvnd• TO￿ lunds t￿ght forwwd 815,182 1.459,511 2.297,829 2,427224 23,484 897. 1,618.134 2,S39.4W 2,297,629 I Inem exF￿l￿re dow frun x¥￿•S.

The Gibbons Famlly Trusl Statement of Flnanclol Po8lllon 31 March 2021 203) 16 3,529 17 2.513.412 2,516,941 5,130 2,272.169 2,277.295 or Cash 81 ba￿ arwj n hand 2,498 24.664 24.4&5 26,6 27.162 Credttor: Im￿11￿ l•lUThJ thfllhkn on•y•w Not cwmnt #•••t• 4,186 22,479 1539.420 2,539,420 6,832 20.3 2,297,e 2,297,e29 Fund• ol the ¢lwlty EThYobvm8nt funds.. Permanent ExpeTrJat4• eThli•Thent Unr86lricted luNI8 1.818.134 897,8CQ 1,459A11 815,182 Totsl i*arlty lund• 20 2.539,¥èJ 2,297,629 The 'naK4l Stal￿r￿￿3 V4pf8 ory0v￿1 of Tnj￿￿ wvj aulhorA&a lor on ., and are slgned on ￿half of th• botrd ty.. Dr Juhn Frwthig Tru8¢8• Ichth) Dr Stlthtry (Vi￿ Chalrl

The Gibl>ons Famlly Trust Noto8 lo the Flnancial Statsnnts Year end8d 31 March 2( IbthiFmil10 The tharlty Is a wbl¢ be￿ èJMlty aTrl a thJrly In EngL￿￿ Waks ar￿ Is The aLlre55 01 the ￿￿t4paI olk8 k8 24 Ph￿p Averbue. BarA8tap. Devon, EX31 These linarnl Slatements b8en wepafft1 In wittr FRS 102. Tr Finarrtwl RepJrtiryJ Skndard aFfJW• in Ihe UK aNI Iho Rep￿1￿ of Irelwd,, Iho Swtrm¥rrt of R8cornm8thY FYa¢kn ty) LartJe8 kwoparw Ihw"r actounts In &wrdarre wllh th& Fir•io81 Reporbna StaThYard aFF4icthe kn the UK Rowb￿ of IFRS T(QI ICh8rits8 S(XP IFRS 102)) arnl Ikg ChawiD88 kt 2011 Acco￿￿ng polk4• Th• finar¢￿1 staiem¢nb havo t•n prepBred ￿ the hiiml cosl ba￿8, 85 modified by the revduaiJn ol certain assets and li￿110?5 an(J ilw•strn￿t prOpwt￿9 rne48w•d at lair vakna thr￿gh cv oyrxfilure. The Ihwwl slat•nonlB are wepar•X Mi whlthlg fUr￿0nd1 ¢>wrwy ol the eThtty. 0¢4ng ¢onEwn Thare are no matwl urUr￿l￿11&$ ab￿ fv chwws aNtyto c•ffjnue. Thg ch8rily h89 laken a(fvarw• of the •x•npkn h FR8102 th• r•quMni to cathlbw Stath￿l WLtse 8 smdl thwty. The ol tho Iln8ndal to mgko judpn8Th18, •5dmatss asFuwk)nG Ihal altst the ￿Tr￿u￿1* reF#NW. Theee asllmatos and ju&¥monts aro continualty rew•%d and are base& on èxperien￿ and Ot￿ lacto￿, indudr¥J expe￿￿lOng of fthure ov¢nts are t1￿ lobo und•1 ¢h drcumBtane4 Fund a￿D￿nI Unrwtrw furn ar• th)nalk)￿ arnl oth•r rgs¢¥yM• rpx•NatrA• tr gerWa￿ for tho rtycts ol the chity lUrt￿r FVW)88 whlch the charity may use fty it9 sxJr&xJs¢ at rts (fi6creI￿X. ETrJcwm8nt are thw that ar• parThrnnt Ihoso that ar• •Xperda￿e. pemw8nl ¢￿￿$ts 01 Da?r4J GItth￿ Beowi tho exkwdat48 nl the kqaGy fr¢>n the L81e The inccffle Irom these futwjs is tr8ated a8 uniesth'ded. Permaw enL1¢XVn￿nt are ￿tact aTra mu8t rK)r te sp&rt exceFI on Veth￿l fea8 kn th8 ganwatkmb rj Ir<c¢ne for dithulv)n a59ran￿.

The Glbbons Famlly Trust Nolo8 to tha Flnanclal Slatem•nl¥{w•ll¥OJ Yéar ondod 31 March 2021 I re8ourcu are ￿￿￿1#1•1 In Ihe State￿r￿ of finar￿￿￿ actNthS when ts charity r8 entttko to the aTrJ tho amwrt ean bl wanltfied t￿th rga¥onatl• ￿8¢y. Thg Idlgwlng IIK pc4￿)eS are applwd to partKMAar ¢Jorns ol VO￿OIary IrKorn? way ol wants. dorbrTh and dfL8 Is 1rt4uOod Sn fLII ITh Ihg aiThnl ot fknanckql araNfti96 r￿•￿￿10. (¥ants ttsro ertthm¢nt not on the dekvwy of a specific pwYomw¢s ty Iho dwrity, are rec4gnwd the tharily b￿0M0$ uncon¢JMk)noJty eThrt￿d gTont. Expon(btur• is rwiysed on an baB ¥8 8 I￿yj￿80. Exr￿nd￿re ifvJudos any VAT whith r•t4)v8r•d, 4 reF￿￿ted as FQrt of # •X&￿'tUre lo whith it rdales. Charit49 thow knwrr•J ty th• eharty In tho ddNY of act'vths and 58r¥k¢s tor ts bernliuwim. h irKhJd88 1>)th o)Sts that can be dlr•¢ty 10 Buch and Ih09e of an iThjIr•￿ nat￿ riK•iwyto wthlthem. ¢3ovwnancg Gc6ts cNts ￿l•b to arkni118ty￿th ¢tynFlldr£• th slalulory r4uirgmgntB. T•nlllb￿ •wi• Tawlt4o ljxed ai Coll x(#Jff￿L9￿d dwK4athJn. Tangblo IlxeLI kxJrchas•Y ¥du8 Df £ICK) are cgww. 08P¥8Ciation li provK1&Y al rat•¥ calculat•d to wfte oft c(1 l¢ss re￿(￿ va￿1 of eath 8gJ¢l ov8r 8xp8thd useful ltte. a8 fol￿. [wi￿lation Is ¢8kulaled 80 88 to ¢)ff the cost or vduabm ol an asset, b$8 rrt r•shYu v#kJe, overthe L￿ful ecorKrfic kf• ol Ihai a66& 88 ro•, fittirw and •qUipwnl - N•strwnts UnlLgted equty iftveslrnents are intslty vecord￿l al ¢091, $ut88w#nty M￿Sure(l al lak vakno. If tair v￿ye caTh)t tre wlity n&sured. &8sets we m•sur•l at cc6118ss ifflpaimient. invests)7ents are nwa6urgJ at Idr in far Va￿ wyJni$ed in 10

The Gibbons Famity Trnst Nol•8 to the Flnancial Ststomentsr￿knx Year ended 31 March 2021 A fina￿ awtL¥ a finanth￿ Ilthlty k recfjfvd ¢yty •n bera)ns a paty to thè c¥)rtractual pr￿￿)n8 of the brumwL Bthc fina￿￿1 irrUme￿ts arn knll• at Il or payatlo irtkndi any r8latsd traréactlty> C￿. Curreni w8ets wrrthrt 15atithtkTB are maaJur•J at fv eath ry oth8r con8kn.on &xp8c4Fd lo b8 P8xI aThJ rX dtsc•unt•. Whgie investments in 8harnb are th•r libr valug cm oth•rtse t4 moA8uTJ Idl8bty, th8 Inve8thM measur•d al fak Wa￿ eharo88 ITr lak Valug reccgAi8d in inCa)rng aTr# •X￿TrY￿￿r9. Al Ot￿ s￿h in¥egthw)ts ar? $th•l￿ntlY m9aslr￿I at Other tlnawd rtslwments, irknling dwfvallvas. are in￿any at f&'r vall￿, unle88 paymonl br an as￿ Is del?FrJ boy0￿1 Thymal terrnw or ffftawd al a r818 of intw that 4 Tnwknl ratts, in eas• tho asw is moHsui•J at tho vaJL%• ol the fulurn payments dgcJJnled ttt a markel rits th kntereat hy a 8tmlhrd•tl wigtruJr￿¢. Other finarW instrumants ar¢ sutwnNy mea8ur•d al law value. lth any chwy8 r8tt#3thd in the stat￿t of thrK481 th¢ of Irtrumont6 In a de6kJnai•J r4atKJnl￿. Fina￿￿11 assets trat W8 nwur•Y at O)9t or 4wts•J o)8t are for ct4actrw •wdgnc• of Irry•trmwrt ￿ the end Dt eath reportlw (kle. 11 Iherg 14 obpctr¥e wlJc of Impairmont, an Impwrm¢nt k)sg is Fwnod uThJgr Ihg aptytwats ￿adIr￿ in the $WeM￿l ol a¢tWth'es in wlich Iho was r•x¥Jn¥•J. Fly am •quty Irwuments rtyard888 c 81￿51￿art•. oth8r linarKial $88 that ¥• IndwJuaty 8nffi¢ant. tjw are assessed irth¥ualy ThpAlrmwt. Other finaTh￿ 8390t$ &r• •ther asse8s8d I￿vIdU￿ty the ol sifth18rcr&l ¢harathriBtira. rovar8ab of ImF4irm•ni we iMftN￿at8ty. to tho •X￿nI that tre mersal does not an￿llt ot thè 856et th8t èXC8gds ￿al the owrylTh) ￿ount woukl have been 1fflpairff￿t pre¥￿￿5￿t been UrM8trkieil TOMI unr0gtrl￿ed Total Fu 2020 84r* int•re5t rece￿ab 89,454 .454 102,3CQ 102, ,455 102.348 102.348 11

The Glbbons Famlty Trust Noto• tr• th• Flnanclal Slo1omonts{4Xrfb¥wtsJ Year ended 31 March 2021 & Exp•rMlltuY• on ¢hrtll•thltl•• by ftmdtyp• UMa6trthJ E￿Ther1 T¢)1o1 Fund• 2021 Grants pay 83,99) 14,182 98.132 98.132 Urm6tr1thJ Ern10wm• Funds QrArts pay sUp￿rt cos 87.X 13A78 87,51¥J 14,538 1,080 1.060 1￿,978 1Q2,038 Exp•ndltuY• ￿ ¢h•rti•bl•¥Al¥Ml•• ty •thMy i￿• Grantl￿dIr )20 Glanlu Fwatl• 83,950 83,99) 14,1e2 98,132 87NJ) 14,538 1¢)2.038 A￿ty￿ ol wpp•rt •o•l• Wl Tot￿ W20 Staff cc Renl Insur4n<• lioIP¢e ￿ Tn1￿, Teleprp2 COrn￿rter co8ts Gerwal gxporwl Trustees. •xpwses IniwLliarlEy rqthar40 Investff￿1 Derye(#ati Bank charps INJepwdent e￿MInal￿ 14.034 14,034 2.400 14.857 2,4CKI 922 255 1,512 187 2.137 1fJ 187 2.137 296 10,911 110.9691 1.814 1,801 110.H31 1.814 1.601 417 1,92D 14.182 1,920 14.538 14,182 12

The Gibbons Famlly Trust Not•S io th8 Flnanclal StstemontS(1%4MI Yoar eiW 31 March 2021 From iotsi of£23.407, £14182 was frum l￿ra￿l￿￿ furth I￿20. £13,497). The Irrtèwcharty r￿e fs an amwrt from Tts Davhl Fwndatim, with the Gitèong Famity TrJJst thro8 of￿? one loye# ty ihe Gitèons Farnily Twstl. ￿ offr¢ cK>gts Ollr Ihan Ihc4a S$￿￿CallY AttribJiable ￿ each d￿ntY ar8 shar8d equally, p81 ililially ty the GIc￿S Famity TnAt and wmbLws•J ty ths Dav￿￿ Gibbon8 Fcxjndatkx. Thg GiLtsn$ F8rrily T￿51 has c•1 tuth Invo$kn￿ CCL4. CCLA Ir￿0 i¥ received nel of In¥e8lm8nt f￿. & Anatythol 9rwrt• Qrnnts to In•iitutlon• Organr8ations and charib88 in Dwon (Trganlgations ch81itss kn the Islg ol Tharnt Kw Orgary8athn tt¥ Jth olThaneL K•rt 49.213 23,480 4,250 $4,146 19.860 76.943 81,006 GrardBt0l￿￿￿l￿l# T¢xai gra 7,007 6,494 87SC4J 89,950 A fuu IL￿01 Gyants mwje I￿lUCd In wrdx. 1hre8tr￿ed 7411•l ￿￿KIl Unmirkt•J TOMI Funds FurbY8 )) agsets for ¢haiW8 2,40) 2.4C 10. H￿￿￿10•#•) on In¥••th FurKIs Tokni FwMl¥ ￿0¥m￿nI Tttsl FuThJs G&rW(h8￿I on thr trw•Btn 1127,SOS) 13

The Glbbons Famlty TNst Notes to IhB Statemonts(&Th¥rfx Y￿r ondod 31 March 2021 2020 Dwedakn of tsngbblg fix￿ assals Lfjss on d1£w￿l ol langth IL¥•J 4886ts 1.601 4t7 2,4 2f 2020 F•81 Lw4¥10 •xoftwfor." Indowdwrt •xamk)aOon fina￿￿ ¥tatowBr 1.920 1,98) Tho total L7)sts Xt ¢nW¢)y88 t•WL4 lor Its rewrkng are an•ty9￿ a8 Id5M'. 2021 2020 14,034 14,857 The averago Ihe year 112Wktr. 11. No •noloy•• rewved t￿Offi0 of Ihw £￿.1)￿1 thnrvJ the year12020: MD. No rtmU[￿raOoTr ha9 been wid to TnJoos Ni the cuffent cv wtodiro yew. Thg eharity has rK)I met any 8xp8nB8B inwrrtrj ty TfU6tee8 fof mlloaoe hKUrr￿ In 8ttendlTrJ Trus¢ee m•diTwJs 12020.. £296 lo Trusl881. Hall ol ihB year expJn$85 Warn T&mbJ8J by tho D￿1 Glkn F￿￿Tr￿On. 1& L•o8¢1•• u￿￿er the te￿S of Ihe ￿ of Mr D Gfckn)r￿ ￿ Charlty l& a ￿teM121 tenefidary tsf a Dtr8iKJnary TrtJ￿ Fund wlh a caDhal va￿0 al 31 Mar¢h 2021 ¢1 ￿.280 (2020.. £37.2261. The LAhw pOt&rt￿ t4neft41rs ar• ihe Dawd FoL¥kJahryJ aThJ Kewn Banlield, a fornxr •rnpknyee of Mr Gfobrfft (see cl8JJse 10 LI IAr Qkn. dated 14 Octcow 21IMI. 14

The Glbbons Famlly Trust Notes to t1￿ Finan¢lal Statwnontsi¢wth Year ondod 31 March 2021 16. T•nglblDllx¢d ••ets Flxthjres and fftliffjs •]upment Total At 1 Aprfl 2tr20 and Sl lthrr 2021 l)•pYecl•tion At 1 April 2020 Charoo I￿1h8 year At31 Pla￿h 2021 6.918 10,$47 3,112 1305 5.417 1.601 3.19] 1828 7,018 C•irylng amou At 31 Mwch 3)21 3,529 5,130 At 31 IAart 2 517 4.813 17. Inv••tm•nt• FuTrJ FuN15hatk)kliry8 Total Colt Ai i Aw'l 2020 Adjlkns 925.880 1022,832 23,657 2272,1 F8Jr vdu• nKweffl6nts At 31 kl•r¢h 3J21 In¥xlrniwrt At I A￿1 2020thd 81 2021 ¢r￿n0 •mouiii At 31 Uweh 2021 19.22SI 120,481) 2&3. 9)5.229 IAn,3 19,22SI 7,196 30.853 2.513,412 )$22B 30353 2,513,412 925,￿] 1J22.832 23.￿7 2,2T2,169 At31 Mareh 203) A¥ irNe8brnn¥ ¥IV￿ abJ¥o u• at ¥a￿a￿On. OIPW •h¥• holdlng1 Th088 rowesem $Tn811 irnhk*JaJ 81Weh¢>kIr￿ inhwthl from Miu V lec•as•J ar• 15

The Glbbons Famlly Trust Nots8 to tho Fln•ncl¥l Slatsm•nls(Aw¥•x¥dJ Year •ndod 31 March 2021 18. DqtJrn 20 2,1 2.49B 19. Cr•dorn: Inh)wrt• f•lltyi thwhhlTh ￿•y A￿￿19 arKI d8lmd Sw'al 8eGurfty thh•TI&X•• Othw ¢rgtht£x6 1.9a) 2.140 4,186 6132 G￿r$ oThJ At 31 r 1aW2CQO kJ8 QWAI fwKJ8 22.936 89.485 198,13 Gwn8 arJ At 31 Mar 1 Apr 2019 Irvxry ENpthKlturo TTanthr8 23.9e8 102,348 1103,3ni 22,938 11

The Gibbons Family Trust NotOS lo thg Flnanclal Statements Yèar ondod 31 March %Y21 20. An•tysls ol d¥rM•blo lunds Al 1 a120 Tr￿$18r8 Gain8 Al 31 M•r ErKJowmeM Fthvj 1.4$9,511 ExreI￿at4t f58,623 1,618.134 Fwbj 815,182 ￿274.￿3 19.2251 192251 91,846 897,802 250,W 2.515.936 Galr ar￿ At 31 Mar I W 3)19 I￿￿￿ Ew>rthre Tr4n8f•rn Ponn•r•nt Enthwrnoni Fund I,S36313 Expendab ETr¥owm•ffl FurKI 888.946 2,403,258 16Bg1 (7&1131 1.4S9,SI I 13711 (51,392) 8f5,1V2 1127,5CS1 2,274,693 Unr88tha•J Erthmw TO1￿ Fur Fur Fund8 3,629 2.513.412 28.665 14.1861 2539,420 Investments 1513,412 2524 24,141 I4.1￿) YJ,484 2.SlS,938 rs than I urn8str￿1Vj E￿￿￿ment TOW Fu Flhith 5.130 5,130 2,272,169 2.272,189 24,63 2,524 27,162 Iq8¥ 18,8321 22.936 2274.693 a297.629 Invo$lrronts Currerrt a668ts Cr¢#il¢ys105s than 1 year 2020 assets ￿asUred allairvalM arKI 8xpwdthJ a513,412 2.272,207 17

The Glbbon8 Famlly Trust Grants Appfrndlx 1- Gr•nt• lo organlsallons Ilsted alphabollcalty Year ondod 31 March 2021 15tfipton Sl Jthn S¢ourGroup I(KKI POWI Thanet PregnarKyCrfs15 Care (AYM￿rth & S E BrLYlrWon ComrnuAlty thur¢h 2,LYXI Cornwalll (￿Vertyrust EXfi￿aDr 2.LM)O Read for Gotyj Cluld Braln InJuryTru5t I.LiKI Sheewash Partsh Coundl CUC Sar8ent 2.250 SHINE Cotyton Grammar Sthcol kadÈmyTrust 1.450 Sknna Ther8kWtk Hwswnansh¢p ranbrook Educai¥Jn c￿puS 750 Smallpiece Trust Crediionyouth Theatre Sound Galery ac Dartln8ton Swlmrnlryg Pool 750 St Peier's C of E Prknary 5th0 Deme￿1 Htsspice Careforchlltren ISCO ￿￿deTht Ufe T￿irk¢ Ccthmunlty and Vdurttary 750 se￿Ces Thanet Gimrnwilty C¥Ebprn¢nt East Kent Edvcali¢m Bu51rw Pannershlp 2,1)X) Trust Exe S•Hin8 Club ICW The Amber Found•tl¢)n Oan¢e CompanyCIC Lcth The Kent AutlsttTnst The KM CharityTe•m Iirffjplre Schools Exmouth Unn 395 of the Se• C•det COFPS Lrjy) Educatlonal Foundatitsn Famil￿$ for ChIld￿n Trust 3.CLII The Wlowth Trust Hatrrton Prknarysthool I,s(Ki Tkfftrton Primary IPSEA 2,CO) TlvertortthefitrJre P Llfeworks Charlty Ltd 1.5ffl WESC Founda¢bn Oasis DOmestkAbuseSe￿ce 4.980 Wlld Ideas Pllton Comrnunrty Co1￿8e 3,5(Kl Wlllow FrJndatwJn PIKeZge 2.lw YMCA knth De I,coo 2.CQO 1.778 1,145 Duchy Pfe5¢hool playyoup 550 3.Tr)0 3.WO 2.CQO Toi•l 77.703 17601 74943 18

The Gibbons Famlly Trust Grants Appendlx 2- Grants over £2.CiXI Year endod 31 March 2021 PIMon Community Colbje Familu for Chi￿r￿ TrL48t The￿ Q)ftMmunty DevelcfrfwrtTrust T￿ knber FLXrtai Th? K¢nl Aulithc Trust O¢m8tra HosF4ca CarD CNKen CLIC Sargerrt 1st Thpton St thhn SCo￿GrO 8riKIW Comrnnlty thJrth Cthgrl TfU81 Exmc Ea61 Kent &MiroBS Padr4rnh¥J Ex• s￿l1r￿4 Club IPS Place28• POWI Thanet &soo 2.250 2.000 Stwlerrt knfe The KhA Charty Twn I Wr• Sthod8 Edwal)n The SthaYe¥rtord Tn WESC Foundabon Wikl k1048 YVLA Sthrth Dmn Totsi