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 cl*rlty 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$sor Chfis C8E DL Mr8 Eloab•th L89 Dr Clvo &Lttsro6 1nd•P•￿Ilnt •x•ml 2&28 Sothw￿Y E8st Exoler EXI 1NS The Glbbons Famlly Trnst Trusts85' Annual Report￿￿￿) Year endod 31 March 2021 Grants are ty th8 Tru5tee5 in thgr #writab￿ ￿￿￿)￿85 0)nc￿n&y %￿th the ￿[tar6 olchildren and y￿rrfJ lup the ag8 01251 tn Dewn th8 of Tha￿1 in KènL I the caje of Oe¥on there ks rxolererut lordi￿ren ar¥J youw peorlo from E8St Dovon. Thi5 Ch¥ty Sthtarts1￿ bor*frtteLI lff)m ￿15 of Da￿d EmB8t Gl*oro Vwa Mqy GfatxJn6. tho in 2tX)8 and 2￿9 res￿￿¥•￿. These WilL8 I8￿ out Str￿1 trit￿8 lor tho Charity erates, the Tru8t•86 ar• 8￿re ol arnl mKlw h8 at ￿1 tim•s. Durfro Ihe yeej tho TrU￿e￿ kn had ￿ lo the gld*ic* 158u&J ty tho Chaty pubuc tenofft. The Ch*ty has t4en fuly eamplianl with GOPR and all rgtr48nt Charity C&nmLqsFon on Govgrnanc•. Duo to Cwwavwus FesthdiorA dl m8ebnus lor the rowrting ygar hava teen corKluct&1 ectronk&My. Tb.b hes a ¢h8lbwino 8Thd wo are gratofvl Trusl managor, Gathy Hwhton, Ic¢ hw •xr*rtlBo aThY ￿11$ 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 ¥v*6ite 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 th*r 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 t*en 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 fflanaggn*rt 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 Dav*S 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 $7 ￿ 183 ygarl. Tho avwag8 siz& grant was £1,4n1£1.889 ¥1 a1201. Of IhL8. Q3.4801£19A60 in Wdo. t21￿ in 20191 distrknt•d to rygarasatrws In Thart, arKI ltsrther £4.250 to 0rgantsat￿J￿ wklig both in Devon Th￿et. A lOta101 £7.ClJ7 It8.494 m 20201 was InL￿d￿all Ihrow 13 wanl•. 19 last y•wl. Th• rgASt grani was rnade lo Oa*s DOM0￿1¢ SoN(*. Thanat, £4.980. This r•JuLv apF4kgnt has seen dern8￿ lor Services 4r￿￿￿ durinu the ParéémK. in L>Jrn[￿n viAh oll]8r ats￿9 ibe6. A full Ik8t 91 the gronts made ￿ lyuanw1￿rn 18 48 an aFprwJrA to Ih¢8e a￿unts. The Trustees ￿led Ih81 the of aFf4Kakns dmased. Irom &3 to 57. Tho Pand8mic has meant many of Ihe reguLqt aprjwts are ellhw 18mpowity unat48 to woth as normd, or that pravw$ grant8 Award￿ ha￿ bgen hdd sw¥K*o ￿ 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 TnJ*88¥ 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•m*N kn¢Y. 10 ￿h￿ve target ol fuTrJs wrfhin CCLA at 60% Ethu Fur*1 aNJ 40% Prc¢•ty Flmd. Th8 to chanoe wa¥ alvaniseL1 ty Ihg conbr•Jiry hh3her y*lYs 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 Ch*ity 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) Unrestth*d 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 iMt*bJ 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 eomrt*mwts ￿ thlB FurKI Ih8t wBre a level ol re5wves to ie m*rrtwn*S. 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$1*5 for aty reason, as thg rtrarn8 5ugge5ts. Thls 8xisIs to ge￿rats ir¥>)Jne, which 18 tr8ated 88 Unresbicted. Atthe 31 k4arc* 2021 thè War¢o w Ihi8 funLI was t1.61Q134.1£1.459,51 t in 21J201 In¥6￿MI￿t irwme gewalti) e5s•ntd fry ttE Tff￿t to cprnte as a gr3nl-makw. L8V818 Ot l11￿￿e[KI income are trwuerty r•Awwed arb3 comfftunlL¥Uon with thè InvèÈtmgnt manager is rgoular. H￿ver ih&TwsteaÈ 8rg ￿¥0 careful kn e4MNJ8r L*phal br tyJrwt¢rm IrD)me generalbn. Rl•k u••Mm8nt 7ho Risk Assessrnem &at•mgnt has bo￿ by Tru6ts81 aryj thanggs made COn8eqU8rt •xE4rfsr￿. The Trn$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 glanL*th have b8M foltmd. $ut4￿ to ary mat*A41 (19parluies disclos*J and exF4ain&l in the ffina￿ 8taknNrts', and Prewo Ihe tlrw¢d $www16 cffj Iho gdno conc9m tJa8* it li Irwoprth to preswe Ihai tho ¢harty will eonbnue The Tru8t*8 ar8 rwnwe fly adwuth 8b)Junlry wl*¢h dlsdoso rea9￿bI? accuracy al any Vme the ptthn ol th• ¢hsrfty arnt 9Tr8bl¢ Ihem to engure trat tho fina￿1￿ statomm CoM￿Y with the ChaThba8 ALI a)1 l. th& Charlty (Actwnts arn1 Flwrt81 Regulaiiort$ 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•wn*blllU•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 r*wiremerts ol th8 Charii*S a111 Ilh8 A￿). I rawt tyi r•swt ol my examlnatlon cd lh8 chwltyj 8tat￿￿*S c4m*J 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 eonn*ikni *rylh Ib• gxaminalon to whlch affw¥on shoukl te In I4X￿ wi I2,4(￿) 198,1&1 198,1321 1104.4381 N81 ga&￿{￿)8￿) on IrwtsbneThts 10 N•t IiKom•/l•xpwidlUw•l Tran61ern beM*8n 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 th*f*llhkn 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 Statsn*nts Year end8d 31 March 2( IbthiFmil10 The tharlty Is a wbl¢ be￿ èJMlty aTrl a thJrly In EngL￿￿ Waks ar￿ Is The aL*lre55 01 the ￿￿t4paI olk8 k8 24 Ph￿p Averbue. BarA8tap*. Devon, EX31 These linarn*l 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) L*artJe8 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 h*iiml cosl ba￿8, 85 modified by the revduai*Jn 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 matw*l urUr￿l￿11&$ ab￿ fv chwws aNtyto c•ffjnue. Thg ch8rily h89 laken a(fvarw• of the •x•npkn h FR8102 th• r•qu**Mni 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 t*1￿ 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 ch*ity 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)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 •qUipw*nl - N•strwnts UnlLgted equty iftveslrnents are intslty vecord￿l al ¢091, $ut88w#nty M￿Sure(l al lak vakno. If tair v￿ye ca*Th)t tre wli*ty n*&sured. &8sets we m•sur•l at cc6118ss ifflpaimient. invests)7ents are nwa6urgJ at Idr in far Va￿ wyJni$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)n*s a paty to thè c¥)rtractual pr￿￿)n8 of the b*rumwL Bthc fina￿￿1 ir*rUme￿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 r*X dtsc•unt•*. Whgie investments in 8harnb are th•r libr valug cm oth•r*tse t4 moA8uT*J Idl8bty, th8 Inve8th*M 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, ir*knling dwfvallvas. are in￿any at f&'r vall￿, unle88 paymonl br an as￿ Is del?Fr*J 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 dgc*JJnled ttt a markel rits th kntereat hy a 8tmlhrd•tl wigtruJr￿¢. Other finar*W instrumants ar¢ sut*wnNy mea8ur•d al law value. *lth any chwy8 r8tt#3thd in the stat￿t of thr*K481 th¢ of Ir*trumont6 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 wlJ*c* of Impairmont, an Impwrm¢nt k)sg is Fwn*od 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 $88* that ¥• Indw*Juaty 8*nffi¢ant. tjw are assessed irth*¥ualy ThpAlrmwt. Other finaTh￿ 8390t$ &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{4X*rfb¥wtsJ Year ended 31 March 2021 & Exp•rMlltuY• on ¢hrtl*l*•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 ￿ Tn*1￿, 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 l*oye# ty ihe Gitèons Farnily Twstl. ￿ offr¢ cK>gts Oll*r Ihan Ihc4a S$￿￿CallY AttribJiable ￿ each d￿ntY ar8 shar8d equally, p8*1 ililially ty the GIc￿S Famity TnAt and wmbLws•J ty ths Dav￿￿ Gibbon8 Fcxjndatkx. Thg GiLtsn$ 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￿lUC*d 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¥rf*x 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 Lw*4¥10 •xoft*wfor." 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 TnJ*oos 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&mbJ8*J 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 D*tr8iKJnary TrtJ￿ Fund wlh a caDhal va￿0 al 31 Mar¢h 2021 ¢1 ￿.280 (2020.. £37.2261. The LAhw pOt&rt￿ t4neft41r*s 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 FuN15hat*k)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 $Tn811 irnh*k*JaJ 81Weh¢>kIr￿ inhwthl from Miu V lec•as•J ar• 15 The Glbbons Famlly Trust Nots8 to tho Fln•ncl¥l Slatsm•nls(Aw¥•x¥dJ Year •ndod 31 March 2021 18. Dqt*Jrn 20 2,1 2.49B 19. Cr•d*orn: Inh)wrt• f•lltyi th*whhlTh ￿•y* A￿￿19 arKI d8lmd Sw'al 8eGurfty thh•TI&X•• Othw ¢rgtht£x6 1.9a) 2.140 4,186 6132 G￿r$ oThJ At 31 *r 1aW2CQO kJ8 QWAI fwKJ8 22.936 89.485 198,13 Gwn8 ar*J 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 Tk*fftrton Primary IPSEA 2,CO) Tlvertort*thefitrJre P Llfeworks Charlty Ltd 1.5ffl WESC Founda¢bn Oasis DOmestkAbuseSe￿ce 4.980 Wlld Ideas Pllton Comrnunrty Co1￿8e 3,5(Kl Wlllow Fr*JndatwJn 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 CNK*en 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