Company registration number.. 03039665 Charity regislrab'on number.. 1045927 Boots Charitable Trust Annual report and financial statements for the year ended 31 August 2025
Boots Charitable Trust Contents strategic report Trustees, and Directors, report Statement of Trustees. responslbllities Independent auditorfs report Statement of financial actlvlties lincorporatlng the income and expendlture account Balance sheet statement of cashflows io Notes to the flnancial statements
Boots Charitable Trust Strategic report for the year ended 31 August 2025 TheTrusleps, Sn prep8ring this Strategic report, hav6 comp1I8d wlih 8414c of the cOmpan$Act 2006. In accordté th Secllon 60 af Ihe Companie5 Act 6, Boots Chadlab1e Trust I'the Tiusl'l 8xernpt from th8 regulremanls of that Acl lo indude 'Llmiled as part of118 namg. Th8 Tmslees are also Ihe tirectors of the Trust for Ihtr purposas ol the Companles Acl 2& Throughouithe finandd $ialamants. Iheywml be rferd lo as TTuslees. Prlnclpal actlvlt108 The prfncipal aclbAly of Ihe Trust Is that ol a charitable trust. 1115 whdly ffundf by Bools UK LmIted. The Ttusl prOVeS thaiilable lund$ to reglslered Gharilies and volulltary org8nis8b-ons working In Ihe areas of h8allh, Ilfdono learnlng, communlty development and s(Kial care. Thè Trust supports olect5 in the Nollingham%hlre area and Ihe Nder UK. On 28 August 2025 Symre Partners completsd Its acquisillon of Walgre8ns Boolg All12n Inc.. From ihis dale. The Boots Group Llmiled I'lhe Group I became thè ullimale parent Comp3ny and conlrollitwJ patty of Ihe Twsl. The change in ownership does nol affect Ihe operalions or prInpaI aclimlies of the Trust. Oblecllves and actlvltlè8 for tho publlc benefit In selliryj Ihe Trust's obl8cbves and plannlng ils acbv1l5, IheTnJsle8s have glvan dug consId2raOn io Iheirduty in seclM)ns 4 and 17 of the CharfllesAct 2011 to have du8 Tegard 10 publ1¢ benefit guld8nC8 published by Ihe Charfty Commls8lon. The Trusleas conslder inlotmati(xi, IÉ con181rd In Ihi5 report in rdalion to tho Tmsl's obi-eclive¥. a¢lpiilies Bnd achlevemenls. doBS d8monslrale the benefit lo the publiolh8t ad5es. Busln&ss revlew, achlevemenl$ and rformanCe The Twst achieves ils objectives by providSng finandal supwrt lo regislered cliarilies and vdunlary organlsabons working in Ihe areas of heallh, Ilfelong Ee8rning. community dev81opmtni social caro. IhroughoLrt Mottingham5hlre and wkler UK. Ap1¢allONS for fundlng are assessed al regular bo8rd meetings wlh particular regard lo 6dence of need 8nd oulreach. By fundlng prol&cis wSlh cl&aily ijefined ben&flls. Ilie Ttusl Improve5 lh8 liveg of pwple lknng in the UK who are sufferfng ès a result of fin8ne.ial disBdvanlage, sodal Isolalion. heallh or edue.81innal inequalilie5 Qr spedfic issuès In Ih8lr Ial communilles. The crileria in or(ter lo detèrmin8 th& Success of thg Trus115 re¥Wed regularly al each b)ard meellw. whgreby a summary rev of Wevious furKled proiecis k8 assessed with reoards lo feedback received from the Charbties. During Ihe year the Trustees mad8 grants 1¢ chgrilies and voluntary OrganisatnS in Ilne wllh Ihe Twsl's Gwing PoIY focusing on fixjr kty artas of heallh. lifelong b8mlng. communfty d8v81opmènl snd so care. Health Communlty heHKkare indud8s communlly healthcare se5. knme care, CntinUIng c8W. after care support for sutferers of medital condillons and ople wllh disabilllie5. Heallh educallon arKJ prevention include5 promoting kno1@dge and awareness of 8pe.¢ifie,digeases or medlcal condllbn5. Llfelong l¢drnlng Helplng people of any age lo achl6v6 IhaSr edu11031 poleTrli81 through sutwK8mentsry schts)1Sng, Ilieraoy and numer8CV Projects, communilyeducaiion, vac8ll¢nalfresLgrl education for the unemploW or allprnalive education for éxtludad schod pupils. Communlty Developmont Helrj groups to organise and r&swnd lo prL4)kms and needs in Iheir communsbes rtwOrks. Th includes orgaDi5abon5 such as counGlls for voluniary seNces ond Self41p groups. So¢l¥l care Personal s(al S8C0S. Includlng providlng a5s1stan lo i1¥Idua or famlllo¥ to overcome socigl deprivation, lincludlng th0 who are ho55. disabled pÈrsons 8nd 111oir Carers. lone p3renls, childcare groups and other l¥mlly SUPPDrt groups)., Socral prevenllve sthemtrs, Induding actiMtie9 to help prevent C, droprdNJ uul of educat 8nd general delinquenGy', The provision of SOGial care oulre*ch work and social health and sa16ty awar8n&ss schemes. and Community social aclithli8s. Including 8ctivitS lo promole social 8ngaw.menl for vulner8b1e ppaple. miligaling agalnst Isolauon and In th8 y88r to J1 August 202S. the Trust recelved 86 app10nS trom charitias Ènd voluniary argan1salions12024.. 5191. Granis lo the value of £483,387 were 8ulhorfsed during Ihe year12024'. £397.6371 and were gwarded lo 5212024". 481 benefiar$S. Major 9ianls ol t10,0(M) during the ye8rwere made io 25 orggrvsalion512024.. 20 org8nls8llonsl. The numberol ewsrds mado arKI ihe i0181 exnditUre during th8 year ended 31 Augusl 2025 is surT¥naiised by legOry as f(Alows.' Caiegory No of awards Expendllufè Health 18 Social ¢8Fe 23 211,6 Llfelong le2rnlng Communlty devélopment Total 19,174 85,026 52 483.387
Boots Charitable Trust strategic report {continued) lor the yaar ended 31 August 2025 Buslne$8 rèvl•w. achlevements and performante Imntlnued) The year lo 31 August 202415 summarIs by". Category No.of awards Exp8ndlturo 18 144.872 Soal care 15 132.827 felow learning Communllydevelopm8llt 48,249 71,689 Total 4B 397.637 Prlncipal rlsks and un¢•rtalntlés The Trustees havé reviewed Ihe 81rategic. oter81ioTbal and buslness rls%s whith the Ttusl latés arKJ have conflrmed Ihal Ihere are SufficnI centrS to mi119ale the synifiGanl rSsks. Thg Twgtees conskderihal the prln¢lpal rlsks and UnrtaIn$ that face IheTru5tduring the yearare as foKows'. M4¢roe¢onomiL wndpolltlcalenvlronment. in¢14Kling GO$t of Ilvln£t ¢rlsls Risk Th8 Impact of ihe current 9lobal usl pressures has resulied in high inflallon iales in the United Kingdom and olob811y. This has been exgcetbaied by the ongolng gbbd conllicis. These faclors have conlribuied lo a cosi of IIMrwJ ¢risis vxlhin Ihe United Kingdom which could see an increase in applicatn$ lo Ihe TrLJsI for donalbrts. Furth8nnore, any slgnifi¢anl Impact on ihe cc¢porate sponsor, BlS UK Llmlied, u)uld impa¢1 Ihe Trust'5 abilily lo se(xJre further funding frem Boots UK Llmil6d. Mlllgalbn The cosi ol Ilvlng crlsls has not caused a signlficanl Impacl on Iht OP8raUons ofihe Trust lo dale. nor that of its corporale sponsor. B(M)ts UK Limited has nlimicd lundlng for the year ending 31 Augusl 2026. The Tmsle88 have wpported those impacled by Iht current cosl of Inring crisis. and have provlded &ddilional grants in thks area there needs have bèen id8nlified. InsLtfflcl8nl funds sk Insuffidenl funds arè r8c8lved to tnable the Tru51 to acNeve Ils slaiad obi8cIIv8$. I${glIon Tha Tru$1 Is wholly funded by Bools UK Limiled, a reLgled partYthIn The Bools Gr(wp Limited. The awardls 8gr6ed PriLWto the cornmennt of Iha finantial ye8r. Fund5 are divided equally for allc¢8tion lo each rneellng held in the ye8rand expenditure againsl a11rtalion is monilored cbsely during and al th8 condusioTr of each mÈèiing. Incorrtcl books andrecards Risk The books aryl records of Ihe Trust are not properfy mainlaed. itw8llon The bouks and C(dS are malntalned bya fully qu91ffied fftembèrol a profe8sbn81 body and revSawed annually. Outofpolleycomrniimènts Ri&k CommNmentS are madè which do nol fall thIn the stsbd Èlms offfte Twsl. Aliligaiion The Trusl oper8le5 a rigorous pro¢8ss of shori-listing quarify9 applicallons against the Twsl's Giving criter prior io rx)nsvJer81ion by Ihe Tnjstees 8rKJ Iht Issuance of B grani. Tha Slraiegi¢ report was approved by the 808rd anij slgn8d en Its behalf by.. J Mtsffat Truslee and Director 29 May 2026
Boots Charitable Trust Trustees. and Directors. report for the year ended 31 August 2025 Th8 Trustees presenl their 8nnual Truslè8S' 8nd Dlractors, rewrt on the affalrs of Boots ChgrllÈble Trusi C¢ Trusl'l, whl¢h Inc(Kporales Ihe s1r81 Retyjrt on pages 1-2. iogethervAlh the financial 518lements andAudlto¢s r8port for th& y88f tnd8d 31 Augusl 2025. The finandal $18lemenls liave been prepared in accordance 17 Ihe accouniin9 wlSi#eg sel DUI In Note I lo tho fin8n¢ial 9181emenls and coniply wilh lh• Charllies Act 20113nd Accounllng and Reporting by Chariliés.. si21&nI of Recommendtsd Praciice ISORP- second edlllon 20191 apIcalle lo ch8rfties preparing their fin9wal stslemenlg in 8ccordanc8 wlh IhÉ F5n8nckql Reportlng siandard appllcabl& In the UK and Republlc of I19d IFRS 1021. Prof¢s8lonal advl$8rs Auditor Deltle LLP, SlaluloryAudilor, The EwBrt, 3 Bedford Squ9rg. Belfast. BT2 7EP, UrMted Kin( Bankers Natnal Weglmlnsier Bank. 3 Thurfand Slreel. Nolllngham. NG13DT R8glstered oifKe & prln¢sp31 otfi 1 Thane Road W•si, Noiuwham, NG2 3AA Company r6olstrallon number 03039665 Ch8ri1y registraOll numb8r 1045927 stYu¢tur6t governance and mah&gernent Th8 Trusl Is a limited Company wilhoul share egpital, linuled by guaraniea and reglsiered In England and Wale8. The liabilily of 8 Member in the event of th8 Trust wound up whilsl 8 member. or wilhin one year ol ceaslng to be a tnember, 13 not lo ftxceed £1. The Trust is regi81ered ryth the CharSly Commlssion and musl complyTrMlh Ihe Companies Acl 20(K and Chariii&s Acl 2011. Th6 Trust Is governed byils Memorandum andArb¢$ ofAssouatlon whlch provkJ& for a mlnlmum of3 Trust888 lo a maxlmum of20 Tw518es. Thé Chalr of Tru$lees logelher willi the Company Secretary ar8 respon$it)18 lor the induGlion of 8ny new Truslees. Truslee indLKtion involves r8ISITrJ awarène$8 ol Trusleeg 10 dulles and responsibllilie5 und¥ both the Ch8rf1I&s Act 2011 and th8 Comp8nie$ Act 2006. to emerging reglatOry isÈués 8$ well as an introduction to the governing documents of the Trusl 2nd the Snlérnal policles adopl$d. NewTrusiees rece1ve 8n Inducllon P8¢k In which CO8$ of lh¢ lollowg are Includgd.. the Tiusl's lalesl Annual report and acc(xinl5', tha Tiusl's Inlemal governing documents.. tha Trust's Momorandum and Artlcles ofAssodabon." and the Charity Cornmission pUblItIs,The Esgenlial Trustt6.' What You Need to arKJ Charfly Goveman¢e Code. When approprlaie, Truslees receive regular Charily C(¥1S510 updates and Infortnallth about Su88 ladng the voluntaryseclorlocg11y. Tntsiees are apPnted In aC0[danCe the TtU51's Arflcles and vlll h(Ad offlcè reran Snlllal Pe0d of 3 years from Ihfy dale of IheAGM al whlch they W8r& appoln18d. The TruElet8 recognlse 11181 in recent reviewg of Charity law, th8 CharTrty comm$$10n has stopptrd Èhort of specSfylng a maxlmum nQ1h of Truslee 18nuré on Ib• basb Ihal stl ch3riiies are different. However. in tnor8 general itrrms. 11 suggésts Ihal Trusl¢es $houliJ not exceed Ihree. Ihree year Bpwinlmenls In post. One Trustse. Ms L Moxley was appoinled as a Trusit& on 29 January 2015. In Ilie prior y$8r, 11 was re¢ognised Ih£l Ms Moxley had sorved for nin¢ years, and in accordance the Charily Govèmancè Code for Smaller CharSllos, th& Board ofTruslees tKoposed Ms L Moxley lor re*leclfi and Ihe tr)nlinualioD in offir£ lor a lurther year. Mox16y was 8xlend6d for a furthÉr y8ardu& lo her exl8nsive knowkdge and experience ol the Trusl for the purpose of conlinuity as there had been a number of Tru8lee ch8wtrs In 2022. 2023, 2024 8rK5 2025 which had resulted ID a n81ur81 reinvigoraiion of thè Board's compt>silioD and skill sel. M5 L Moxley resigned in SBplemb8r 2025. The TtU8lets mel six times In the yesr lo rewew apIcaOn6 and award granis and lo Ihe slraleglc dlr8c1l( of the Trust. Th8 Charbtles Ald Foundatlon I"CAF"l acsminislers Ihe granl applicalion pro55 Ènd shoruists Ihost forTrusi&8 r6vi8w. Grants are awarded In Ilne wlth the Tw51's Givlng PoliGy. Whllsl Ihowe is no mawmum award, gran19 are generally awardod for £10,000 or less. Th8 Twst doos not hava any direcl employees. On a day to day basis, th8 Trusi Rs admSnlsl8red by meTrY)8rs wlthln the Enronmental, s31 and Govern8n¢8 18am ofBools UK Llmliad. and asso¢xaled c0515 rn& by Boois UK LlmS1•d. Going Goncérn The financial stalemenls have been prepared on a going concern batsis. In adopllng IVE golng cCeM basis. Ihe Tw5tees have conSered Ihe Charitable aclh4lies snd pllPaI ftsks and urbcertainlies 8$ sel out 1h1n Ihe SlralegK repori. Th8 Trust had nel incom8 01 £16,61312024". £39,863) in the currenl year. 11 h8s nel currgnl assels of £56,476 12024.. £39.8631 which is expected lo relum lo £nil in the year ending 31 Augusl 2026 ès11 Is the TNslees' lentJn lo donate this post ye8r end. Tha tharltys acbvrties are 8xpa&éd 10 Inio Ihe foreseeable fulure and lor al ast 12 monlhs Irorn approvd of Ihese financial slalemenls. The Trust Is whollyfuDded by BoDls UK Llmlled. All finan¢481 cornnlMnIS of the Ttusl are agreed subsequenlty onGe the inGornp Is known and VAII nol exceed the income recéived. Funds are dfvld8d for all?110n lo each meeting held in the y8ar and expendllure agalnGI allocation15 moniiored cknsbly urfnll eii¢l al Ihe conGlusion ol oach meeiina. Boots UK LIMiled has commilled la conllnue lo proiryde finEncLal support lo the Trusi to m6611ts IlsbllS1188 as Ih&y become due for al18asl 12 months Irom the dale ol signing Ihe linancial SIBleTrnIs. Based on these facis, th• Tiusltes havg ¥sse$sed Ihal there 15 no rnalerial uncertalnly surroundlng the going ¢en¢ern of ihe Ttusl and Ihay Ih6r8f¢re consider that il wlll b8 a golng coKem for 811gasl 12 months from the dale of approval ol Ihasé financlal siaiemenls.
Boots Charitable Trust Trustees, and Directors, report Icontinuedl for the year ended 31 August 2025 Future developments In the fomhcoming year il 15 eyppcled Ihal the Trust wll wnlinue lo C(ntrate on th8 fvndlng pr118$ In the four cHlegorioy of hegllh, lifelLg learning, communily developmenl and s(Kial Gare. TheTrusl's geographical reath will continu8 to Nollinghamshire and the thfjder UK. Po81 b818nce sheet events The.re h8ve been no signiflcanl events slni* the balance gheat date lo the dale of this report Ihai should thange Ihe financbl perfoimanca, posllk)n and 9(Yw con conclusi(S reported vAlhin Ilhyse financial slaleinents. Trustoes The followng s8tv8d as Ttusle25 durtng the yéar8nd lo IhB dale of Ihls report.. B Shah J Moffal M Benford R HilGhlngs J Rose PThakrar S Buchanan L Moxl8y KROV A Wik5 lappdnlwj.. 27 Jun8 20251 lappdnleij.. 27 Jung 20251 lappdn18d'. 10 O¢lobar 2024. resign8d.' 5 Sepiembar 20251 Ire5igned'. 10 Ocl¢ber 20241 Ireglgned.. 24 Sopiember20251 lappolnlÈd'. 3 Noveml)8r 20251 lappolnled.. 3 Novomb&r 20251 RÈmuneratlon of Trustees The Trustees recelved no r&rnuneralion for th8lr $8Nkes (luring Ihe year12024.. £nil1 Trans8clions with Yelated partles Details of IransaGlion5Wlth relaled part4oB are sel oul in N)te 910 the fan(al 8talemenls. Flnanclal revlew The Tiusl Is wholly r8llanl on funding from Boots UK Llmlled, whkh was £5(K),000 In the ar<2024.. £437,500). gools UK have confirmed Ihey will ¢ty)linue lo support foT Ihe Trust th6 yÈarondlng 31 August 2026. RèsèNes pollcy 11 is the policy of the TtU5t not to hold surplus re%erv8s. The Trustees review the level of resetves annualy lo ensure the future 8xpeDdilure will not exceed funds Ihal are avallaNe. Al Iha year end, Iho level of 5uiplus was £56,47612024". £39.8631 however expected lo return lo £nil for Ihe year 8nded 31 Awusl 2026. RqforoDce5 to slTategie report Delalls ol the folloryn9 areas can be found in ihe Slraleglc report and form parf of Ihi5 reporf bycross-r6feren¢e.' Qbleclives Bnd activities for th8 publlc be111 Ilncludlng public benefit slalemenll., and AchvementS and perforrnance. Audltor Pursuanl lo 9487 of the Compan5 Acl 2006, Dèbllte LLP were deemed lo be reappointed and Ih6refore continue in offi. Dl8¢losure of InFormatlon to audltor The TIu8lees who held offtce al the dale of approv81 of this Ttu$lee5' and Dlr9clots' roport confirm Ihal. so tsr as Ih9y are each aware, Ih8re is rel8w8nl audil informat of which the auditor Is unaware. 8nd each Trustee has laken all 1118 sl8ps th81 they wght lo have laken as 8 Ttuslee lo make Ih6msalvgS 8waB of any relev3nl auisil inlormalifft and lo eslablish Ihal the auditor is aware of ihal lTrfomi8iion. Thls confirMalEon i& glven and should b8 Inlewroled In accordan wlh the provisions of A18 of CompanSesAel 20Q6. TheTrusiees' 8nd Direclors. report which incorporates Ihe Slraleyc rewrt on pages 1-2 was apyoved by the Board and signed on ils behalf by.. J Morfat Truslee and DireGI( 29 May 2026 Reglslerp.d office.. l Th¥ne Road Wesl Nolllngham NG2 3AA Registered in England and Wal8s No. 030865 Charity Registmln No. 1045927
Boots Charitable Trust Statement of Trustees, responsibilities for the year ended 31 August 2025 Th8 Trusie8s, who are a0 Direciors of Boots Chari18bl8 Trust for Ihe purposes ol Compony L, are rasponslblè lor preparfn9 lh8 annual Trustees, and Dlreclors, report &nd the liiiaw31 stalemenls in accordance wilh aA)IicBble law and UK Accounling Standards IUK G&ner8tty Ac¢Èpled Accounliw Pr8dic•l, ifLludlng FRS 102"The Financial Reporiing Sland8rd Applicable in Ihe UK and Republic of Iieland Company law rtqulr8s the Trustees lo prepare flnandal slalomenis lor each financial year whlch gDie a lrnt and fair of the slate d aifaSrs of Ihe chariiable D)mpally and ol Ihp inc(xrlng resources 8ppllcalion ol resources. 5ncluding Income and exptndiiurè of Ihs charfiable company for Ihal peri. In preparing these flnanu81 glaternenls. the Truslees are requlied lo.. Éè18CI sull8bl& acwunling poIleS and In apply Iliem ¢$18n11y', obsorv@ the m8ihods and pnnciples of the Charli1& SORP., make judgements and eslimales Ihal aT8 frasonablt and pren1', slate wh8lhtr appli¢able UK AcrA)unling Standards have trefi followed. subject to 8ny malerial d8parWres d0$& and explalned In t3 financial slalÉm8nls', and prepara the flnaKlg1 sl8t8ments on the golng cortem basss UTh111 Is In8pprapdale la presume that ihe charilable company VAII c¢nllnue in siness. The Tsle@S are responsibl f¢x keethng adequate accounting records Ihal dL%close wilh rea80nable accurgcy 81 gny lime the financlal of the charitable company and •natrA8 Iham lo ensure Ihal the finandal slalemenls comply wilh Ihe Cornpani Acl 2(M)6. They are also re$ponsSNe for 5af6guatding the assets ul tho charilable company and hencè lor iaklng asOn1 steps for the prevpntion and detec11 of fraud and othtrr IrregularillgB.
Independent audilorfs report lo the members of Boots Charitable Trusl Report on the audltof fhe Ilnan¢lèl stat8m8nis Oplnloii In ouroplnion the financlal slalemenls of61$ Ch8ritaèTrUsl <e'ch8r1lob1e Companll." give a Iwe ond falr vl8w ol Iha slate ol (arilalAa Company's affalis as at 31 Augusl 2025 ar of lis Inc¢mlng resources and appllcalion of re8ources. indudlng its Incom6 arKJ expendilure. for th9 year then ended., have been properly prepai8d in accordance with Uniled Kingdom Gen8rallyActr&piÈd Acc(MJnlln9 Pr8cllce. Inc¥Jding Financial Reporllng $18nd8rd 102"The Financial Reportlny Slandard appli¢able in Ihe UK and Republ of Ireland,; and hav$ been prepared in accordance with Ilie r8oulr$menls ol Ilie Companies Act 2(M)6. We have audlled the financial statement6 whth comwls8'. the Slalemenl of finanGial ac1m1$ (Kitorpor8llng Ihe inc4)me 8Dd expeIlure 3ccounii,' th8 B8lance sheel.. Iho Slal@m&nl ofcashflows., lh8 relaled notes 1 10 12. Th8 fin4nL¥al rtrpor11rvJ frAmewoFk that has been 8ppliod in Ihelr preparation is applicaNe law and United Kiry)dom Acctsjnllng Sland8rds. InG1uding Flnancial Rfrporflng Slandard 102 'Thp FanCIal Repodlng Sl8ndard arvli¢8ble in Ihe UK and Repuilic of litslarKJ' lun11j Kingdom GenallY Accvpiad Aceounling Practice). Basls foyoplnlo W8 CduCted our audll in 8c¢ordance with Inlemational siandaids on Alling IUKI IISAS IUKII and applicatAè law. Our r8spmslbSllUes under thosa standards are ILJrtherdesL'iibed in Ihe audiloT'S reswnslbilllles for ihe audR of Ihe financial slalemenls section of ([ report. Wo are IndÈp&nd8nl of Ihe th8ri18tle Company In accordance wh th8 ethical roqulremenls that are relevant lo our audit of the financl81 Sialents in Ihe UK, indudlng Ihe Financial Reporiing Coundl's Ilhe'FRC'$'l Elhltsl siandar(S. and we have fulfilled our other elhiG31 r£swnslbilillas h ac¢ordan¢e wlh thes8 requlr+menls. We belie.ve Ihal the audil event0 we hsve obl8lned is sufficient and appropriat8 la provlde 3 bèsls lor our oplnlon, Cohcluslons rèlatlng to golng conco1 In audlting thÈ financSal slalewDls, we have concluded that the Trusle8s' use of ihg going con b9515 of accouriling h lh8 pr¥paraUon of the financial slaltrnenls is approprigte, Based on Iha woik w6 have performed. we have not Idenb'fied any materfal uncerfainlks rel81ing lo events or cA)ndllions that, INjidU8WY or colleclivesy. may cast slgnifKani doubt on th& charllabl8 Comp3nl5 abilily 10 conllnijo s 8 9[r conr for a period of al leasl twelve monlhs from when Ihp slaMnIS are authorised lor Issue. lThJr reswnslbilitio8 8Thd Ihe re5ponsibililie5 of Ihe TtUEtees vth r•sp8cI golng concern are In the relevani S8Cllons ol Ihls r¢pcrt. Olherlnformaiion The other Inlorfflallon ¢omrxises the Informat includpd in the Tru$18&s' and Direclorg. repori, other Ihan the finanrAal sial8menis and our eudilo¢s r8POrt Ihereon. The Truslees 8re respoD4ble for the other Informalk)n conialned thIn Ihg 8nDual reporL Our oplnlon on ihè fin8ndal slalemenls does not eover the other Inf(m81ion 8nd. exc4)I to Ihe extent othotvAs8 8xplicilly $181ed In report, we do not exprèÈs any form ol assurance conduslon Ihereon. Our responÈibillty Is lo read Ibe other inlotrn8bon and, in dolng so, COnder whether Ihe ofvr information is rnalerially inttonslstenl thllh Ihe finar181 slalements or our knoedge obl8ine¢J in the coum of the au¢511, or olherwlso 8ppears lo be malertaly tnlsslaled. If we Id8nllly such mBlerlal inconsislencies apparent material migsialemenls, w8 8r8 reoulred lo determine vthelher Ihis giveg rise lo a mal8rkal MIsslMeThI in Ihe financial slalemenls themselves. 11. based on the work we have performed, we con¢lL4de that the a malerLal t¥HS5talement of Ihls other Inlormalion, we aro requlred lo report Ihal fa¢1. We have nolhlng to port in thig regard. R•sponslbillties of fru$te$ As explaln8d fully In IVE slaleinenl ol Trustees, respOnsilI1s. the Trustee5 Iwho are also the DireGtoTs of the chaiilable Company for Ihe purpose ol Company lawl are responslble for Ihe pr8paraiion of th8 llnancial slalemenls snd for being sa115fied Ihal Ihgy gfve a true ¥nd falr wew, and for such inlemÈl conird es the Trustees determin8 Is nÉcessary lo enalAa Ihe preparallon ol financlal stalements Ihai are Ir88 ficm rnaierl81 misst31emenl, whether due lo fraud oi error. In preparing iha financlal slalemenls, the TnJ6t8es are r85pOnble fLY assessing the ¢harilab18 Companvs ability 10 conllnue as a golng Lx)ncem, di%losing, as aprAlcaila, rn8lters related lo going ¢oncém and uslng the going Conrn basi% of accounling unless Ihe Trusiees eilher inlend lo Iuld31e lh8 thanlabk Cornpany or lo cease Opera¢$, or h8ve no regllslic allernalive bul lo do so. Audifors rtrsponslbllllles for the audNI of the flnan¢lal stglemenls Ourobjecllvts art lo obtain reasonable assurance aboui whether Ihe financial stalemenls as a wh(Ae 8re free from m81erial mk4slalemenl, wh81her du8 lo fraud or érrer. and lo Is5u8 an auditor's r8POrt th81 ]rudeS our opiruon. Reasonable assurancels 8 hl9h level of assurance. bul is nol a guarante8 that an aud51 dUCted ID accordance wllh ISAS IUKI w411 always delecl a matetial misstalemeni wh8n11 &xisis. Mls$l8lemenls can arise from fraud or error and ara considered Material If. indwldually or In the aggregate. Ui8y could r8asonatAy be éxpected lo Innu6nce Iha economlc declsions of itsers taken on the basls of these finanuBI slalemenls. A furth$r (Igscrlpllon of our rasponsIlItieS for the audil of the financial slalemÈnis Is locaied on the FRC'S websit8 81.. wwM.frG.org.ukl audiiorsresponslbi1il$. Th15 descrfpiion loims part of our audiloT'S report.
Independent auditor's report (continued) lo the membors of Boots Charitable Trust Exfent to whl¢h Ihe audit was coftsldered calè of detecelnp Irreyul4rllies. Includlng fraud Itreoularilios, Including fraud, are inslanS of non-compliance with laws and regulations. We design proc@dur8s in lin8 wilh wr re8pon9ibililiey, OOllined above, la delecl material mi5slalerrbenls in respe¢l ol irregu18rilies. including fraud. The exlenl lo whlch wr procedures 8re capatde of dèiadw IrregularillBs. includiTVJ fraud is detailed bduw. We consldered the nature of th8 charilablo Compan5 Indu81ry 8nd ils control environment, and Te%rfewed the CharItab CpanY$ documentsuon of Iheir w116$ and proce(lures relating lo fraud and compliance with laws and regulalionB, Wa also enquired of manag8menl and the Truslees 8bout Ihelr own Ideniificalkin and assessFnenl of the risks of itre9ularllles Induding Ihoge that are spec.rficlo Ihe charitaN8 Cotnpan*8 bu8ines8 seclor. We obtained 8n understanding ol the bgal and fr8mewrNk Ihal the (thrlt2bl2 Company (perales In, and kJ&niified Ihe key laws and regulations that-. had ¥ diiecl effect on the delwninalion of material amounts and disdosures In the li18nri81 stglgments. Th0 Included UK Comp8nies Acl and UK Charilles Acl., and do not have a dlrecl erfecl on Ihe financial Slemen1$ 11 Corrwli8n wllh whlch may be fundamental lo Ihe charilaNtr Company's abillly io opÉr818 or lo avoid a m8lerial penalty. These includad the Charlty Conwnisslon for England and Wales ICharilyC(mmissbnl r89u180n8. We disuJ5sed among the audil ervJAgpmenl leBm regarding th8 OPPOrtun11ies and incenlives that may e%isl wlhin the nISation for fraud and how and where fraud mlghl occur In the finan21 slalemenis. As a result ofpérfomiSng Iho ¥bove. we idenried Ihe greatest polènual for fraud or 0CoMplInc8 vAlh laws 2nd regulabons In th8 followlng araa, and r prOdreS perfomied to address il aTr de9cribed below.. W8 presuire a r4sk ol m81eiial missialemenl due to fra In revenue recoynllion which is rel8lad lo Ihg comp1elenÉss of donalits) Inc¢me. To address Ihls rf$k. we reviewed Ihe Truslees, mp.eling tnlnuies and bank slalemenls in Ihe pericAI. and post year end reGord$,' end lesled whelhÉr Income haLI been approal&lY Induded In the financL41 $lalem8nts. In comrnon wlh ell audits under ISAS IUKI. we are 8lso requiréd 10 pérfem specific pro¢edure$ lo raspond lo the risk ol tnanagamtsni overrldè. In £ddressing the risk of fraud through m8gement override of tonirols, we lesled Ihe 8wroprieteSS of Ioumgl ÈtrS and Othèr adluslmÈnls,' 8ssessed whether Iht judg8menls made in maklng accounling e51imales are indl¢alive of e polenllal blas.. and evBlualed Ihe tlneSS ralionale of 8ny slgnificant transactions Ihai affj unusual or ovlslde the normal course ol buslness. In addilton lo the abo, (Ajr procedures lo respond to Ihe risks Id8ntlfl8d Snclud&d th6 folbwlng.. fin3nck41 slalemenl disclosures by le51ino lo supporfing do¢umenlabon lo assess Complian with tKovislons of r8t8vanl laws arns regUlatnS describ as h8lrin9 ¥ dlrecl effeol on the finan(xal slai&mtsnts', rforTning analybcal procedur$s lo Idonlify any unusual or unéxpected rel8llon$hts)$ that may indicaie risks of material mlsstat8m8nt due io fraud-, enquirtng of m8naoerthnl con¢emSno actual 8nd poleDUal Illlgatlon and clalms. aryj Inslawes of n-caMplIan vAlh laws and regulallons,. and reading [ninUi 01retng$ aflho8e tharged wilh wvemanc& Report on otrIaalnd rogulatory r¢ryulr8m8nts Opljjlons on olher matters pie$¢ill)8d by the Companles Act 2006 In our oplnlan, b35ed the wtrrk undertaken Sn ihe course of Ihe audit". the inlorm8llon glven In Trusl8es' report, whlth includes the Slral695¢ report aThJ Ihe Dire¢lors' report prepared for Ihtr purposes ol Cornpany law for th¢ financial year for which Iha financial slaiemanis are prepared is ¢onslsl8nl w41h Ihe financ4al sialemenls,- and The Strategic r8port and Ihe DiredLYS' rep(rt Indd wllhln thé Trusle8s' raport have been prep8Trd In accor(SancÈ vlih 8pplIcab legal requirem8nls. In the IFghl of Ihe knowledge and underslandlng al the charilatAe Cotnpany an(5 118 enrOnment obtained in Ihe course of tha audll, we have not denisfied any Tllaledal mlsslatemants In the slrateglc r¢p(wi or IhÈ léOIs, reporf Indud80 vilhin Ihe fruslees, rewt. Matters on which we are rèqulrodlo report by ex¢eplion Ltnder Ihe CotnpaniesAcl 2006 we are required lo report in respect of Ihe follovAno m8liers11, In our opinion.. 8daquale ac¢ounlino rectrds have n¢1 been kepl, or relutns adequatè for our8udll h8ve nol been reNe fr(xn bratKh88 noi $11&d by us,. or lh8 financial staiÉm8nls are nol In agrefjmenl with the BCCI)unihg records and ielurns,. or certain disdosures of Trustees. remuner81ion spedfied by Law ar& noi made., or we have not receId all the informatson and explBn81ions w8 require lor ouraudil. We have nolhinp 10 réport In r8spe¢l of Ihese mallers. Use ofourreport This rp.port is mad8 solely lo Ihe charitoble Company¥ members, 88 8 body. in ac¢ordance willi Chgpler 3 of Part 16 of the C(mpanles Acl 2(M)6. Our 8udll wotk has been undertaken so Ihal we might slal8 lo tha d)arilabk Companyg members those rnaiiafs wtr requSred lo slate lo them In an audllor's report and for no ulher purpose. To the ful1 8xlenl pertDilled by l£w. we do nol accepl or assurrte respOnsbilliY lo anyone olher Ihan the charilable Company and Ilie ¢hari13ble Companvs mÈTnb&rs as a body, lor our audl woik. for this report. or for OnIonS we have formed. Emma Kernohan ACA Isanlor slatulory auditorl For and on behalf of Deldlle LLP SlaluloryAudiior 54fasl, United Kinosom 29 May 2026
Boots Charitable Trust statement of financial activities (incorporating the income and expenditure account) for the year ended 31 August 2025 2025 2024 Nol85 Incomo from.. onall0S Total Income 553,029 553,029 491.023 491.023 Expendlture on.. Chaiilab1e 8¢trrfilies Total expendllur8 1536,4161 1536.4161 1451.1801 1451,fj601 N•t movemgnt In funds 16,613 39.883 I funds are UnStrIcted in Ihe current and weceding years. The Income and expendilure 8nd resling net rxov8ment In funds arfses from (t)nllnulng Operatn5 and Includes 811 gdn5 and lossès rè¢x)ynlsèd In the year. Reconciliation of funds as at 31 Augusl 2025 2(J25 2024 Tol81 funds browhl IopM8rd Nel movement In funds lorlhe year Yotal funds carrled forward 39,863 16,613 56,476 39,863 39.863
Boots Charitable Trust Balance sheet as al 31 August 2025 2025 2024 NDtas Assets Current a55et5 Cash 8nd bank balances 71,479 71,479 137,310 137,310 Llablllttes Trade and ¢lher 8t188 15.003 115.0031 197,447 197,4471 Nat a88e18, b8Sng nat currant 8888ts and bolng total a8801810s8 currént Ilablllllè8 56.476 39,863 Fund$ Unr8slrkled Income fvnds.. G8n8r81 funds Total charl lund8 56.476 56.476 39,863 39,863 The a(L0mpaYIThg notes lo the financlal slalemenls are an Inlegral part of IhB Trust's financial 51alemet*s. The financlal sta18M£tS of Boots charitab Trust Icotnpany r89istraibn nutnbor 03039665, charity reglstralion number 10459271 w9re approved by the Board of T5188& and aulharised for rssue on 29 May 2026. The finanal slalern8nts were svJned on 115 behalf by.. J Moffat Tru51e8 and Diwcior 29 May2026
Boots Charitable Trust Statement of cashflows as al 31 ALJgust 2025 2025 2024 Notes Cash flows from operating activllies.. Nel Income for the reporting year Adlu$tm•nts for.. IDeup.asellincre8se in crediioFs Nèt ¢a$h loulflawlllnflow provlded by operating actlvllles 16,613 30.863 182,4441 165,8311 50.743 90.606 IDe¢roas•llln¢r•ase cash and cash equivalents in tht reporting year Cash and c8sh equlvalenls at the beglnnlng of th8 reportlng year 165.8311 137,310 90,606 46.704 C88h and cosh equivalenis at the end of the reportlng yeèr 71,479 137,310 Th8r• were no cash equivalents al 31 August 202512024.. n81. 10
Boots Charitable Trust Notes to the financial statements for the year onded 31 August 2025 l. Material accounting pollcies The following acwunllng po1icles hav8 been applied r))nslstenlly in de81iw wilh items whh ere cOndered material In reLallon lo the Tnjsls finandal slalemenis. General infom)ation Boots Charit8Ne Trust C'lhe Tmsl'l is a public henefil enllly, a registered charily and 18 Incorpor8led in Enolar and Walos a8 a Company Ilmlted by guaranlee nol having share capiial. The liabililyol a member In Ihe event ol the Trust being wound up whilsl a member, orthin (e y83r of ceasirbg to be a rnembei. Is not lo exed £1. The address of th8 regls18red Offi is glven on page 4. The nalure irf the Trusl 's operatnS and 115 prifbGipal activities are s81 out In the Slraleglc report on page 1. Ba$1$ of preparation The financial slalemenis are prepared Uer the his10Cal cost convenlion. In axordance wllh Ihe slement ol Flecommended Praclice'Accounling and R8porbng by Chariltes ISORP 20191 applicablt 10 chaillies preparing Ihek accoun1$ in accordance with the Financydl Reporting Slandard appllcable in the UK and RepublÈeof Ireland IFRS f021, éffedlwe 1 Jawary 2019, the Companles A¢t 2006 and Ihe Ch£rilEs Act 2011. These fine6181 slalements are preSled in pounds s16rf1ng because Ihal Is the currency ol Ihe primary econom enwronmenl In Ihe Trtsst opar£les. Golng concern The financial slalements have been prgpared on a golng concern ba8ls. In adopllng the golng ¢oncem bays. Ihe Trusle8s have consldar8d Ihe charileble 801Diilie.s and wncipal risks and UnrtaintieS as sel out Mrylhln the Slraleglc repori. Tha Trust had nel income of t16.61312024.. 39,8631 in Ihe {treI year.11 has nèi ¢utrtrni ass818 of £56,47612024.. 39.8631 Kthich 15 expected lo retuin 10 £nil in the year ending 31 August 2026 as 1115 the Ttuslees, intl10Th lo donate Ihls posi yaar end. Tlie charlly activlbe5 8Tr expected lo conllnue Thlo Ihe loreseeabla lulure and for al leag112 months trom appr¢wal ol finèndal siaiÈmÈnis. Th8 Trust Is wholly funded by Boots LJK Limiied. Ml linancAal GommRmÈnts of thè Trugl ar6 4rt&d wbsequenlty once Ihe income is known 8nd 11 rK)I exceed tha Incomfy received. Funds are dIved lor albcalion to 88¢h meeiing held in Iht yearand &xpBndllure a98insl alloca1) is moniiored cselY durlng and al the condusiw of 88¢h meeling, Boots UK Limited has commilted lo wnlinua 10 provide fin¥n¢Lql support lo IheTrusl lo meet iis113billlEs as Ihey become due for 81 least 12 months froni lh8 dale of signlno the finand81 stai•m8nts. Ba$8d on these facis. Ihe Trugtees have Assessed Ihal there is no tnalerial uncertainty suirixjndlrwj Ihe going concErn of the Tru91 and they Iherefore consSder Ih8111 ¥vlll be a going concern for al kasl 12 mnlhs from Ihé d818 of appmal of Ihesè financSal slalements. Income All Income is rvAgnised On Ihe Twsl has en111ment lo tho re8ourc88, It18 prebabl8 that Iht Incom8 wll be received, and the Monetary va8 c¥n be measured wilh suffi¢nl rellabllily. Donallons Such vo5unlary income accounted for on lh9 da19 when It batomos récafvable. Donated prolessknnal services and donaled faCNIeS are r8cognlsed as Incom8 when the charlly has conlrol over item, any Canditn$ assou8tad 1 th6 donated Il&m have been mel. the receipl of economlc benefit from the use by the tharily ol Ihe item k% probabk and Ihal economic Th@t can be m888ured relNy. In adarKe the ch8rib.es SORP IFRS 1021, general volunie8r Ilmg nol recognised. On rec8ipt, don8leJ professv)nal servi¢e$ 8Dd donated fécib'ti&S aw wcognised on thé ba$ of value of Ihe gift lo lh8 charity whlch ig the Om(nI the charity would have been wrylling lo pay lo obtain seMc8s or fac111 of eqU[v8nI 8conomlc b8nefil en the open market,. 8 c001ng 8movnl Is then ror.oynised in eypendilure in Ihe perd of r1p1. Exppndltur• LlabiliU8s are recognised as expeIllre 85 saon as the is a legal or tonslruciiva obll9aibn commllllng ihe Trusl lo expendilure. expendllure Is accounted fu on an 8c¢ruals b88is and has been classifled underh88dinos Ihal 8ggrea8ie all ¢0s18 related lo Ihe category. Chaiilable acllwlle Donalions ar6 Induded la tha slalemenl of financial Bcllvilie5 wh£n approv8d by lh8 Trusieès and agreed 1h Ihe re¢itMenl org2ni5abon. If a don0tn Is aVxdrd that is eperent on certah ¢ondlllons belng m8L It Is trèated as oxpondllurè and a Ilab5151y ol Ihe Ttusl If Ihose condilions fou oulslde of the conlrd of the charily. All expenditure is Bccounled for on an acciu81s b8sIs. Basis ofallocaln olcosts Suppcrt cosis are eonliibullon5 from Baois UK Limitsd. whlch 18 an apkyoxlmallon, based M separdlely klenblialle costs, in respect of managng and 8dminisl8riw the frusl. GovemBnce cosis compii5e all costs Invdving Ils compllance wilh ¢x)Dsbiulional and stalulory requiretnenls. Thes£ costs include ¢osls related to the staiulory audil. All support costs and govemance ¢osls a allo¢oled lo charileble acllvilies on the basis of lim8 spent on these 8¢1ivilie9. Granls Grants payablo gre paymenis mad8 lo thlrd pai8 th8 fUrth8rCe of lh8 chgrlloble oWe¢tlves of the Tru51 as 51aled in Ihe TrUseS, Directors, report.
Boots Charitable Trust Notes to the financial statements {continued) for the yoar ended 31 Augusl 2025 1. Mattrlal accountlng poll¢le$ Icontlnuedl Flnanclal It)8truments Flnancial 88sels and finanual liabilille8 are iecognisd when the Trusl becomes a party Its the conlrAcliJal provisions of Ihe Instrument. All financiol assets and 11alItES are Iniiidly measured al IransacliLK) pri lillcluding ifans8¢1ion sI$l, except for those financial assets e18ssilied 85 al fair value through profil bs¥, whkh are inllially me¥sured al fair value Iwhicli is normally the Iransaclion pri excluding Iran53clion coslsl, unless the rangemeni ¢onslllules a Ilnan¢lng Iransa¢Uon. If an arrang01 ¢on5Ulules a fin3Dcg Iransacllon. Inan¢i8135sel or finan31 li8bllily Is measured at th8 present of Ihe fvlurfr paym&ni8 discounted at a markel rate ol inleresl for a slmilardebt inslrumenl. The Trust only ha3 finan1 a5%eis and finanGlal Il¥bSliiie% of a kind Ihal qu81ily es bas fhanclal inslrumenls. Basio finanual inslruments 8re inilidly retognlsed ai Ir8nsaciion va& and subs&guenY m8asured al Iheir selllemenl valtsa. Fn accountlng All funds are Unreslried. Thes& are funds which are expend8Ne al the discreiion of Tm8leeÈ In fUrthernr of the cbjectives ol the Trusl. Taxatlon The Trus1 Is a réglslèred thariiy and has no tiabllily for rporatIon lax on Sis charflable acbvliles undei the Corporalvjn Tax A¢1 2010 l¢hapl8rs 2 and 3 of part 11, secilon 466 onwardsl or Sétlion 256 of lh8 T8xalk)n for Ch8rgeable Gains Acl 1992, to the éxtent surpluses are 8pplied to Ils charflable putposes. Cash at bank and In hand Cash al bank and cash in hand Indud8s cash and shDrt ianr hlghly Ilquld Inveslmanls wilh a short malurlly ol rea months LY18ss Irom iha dale ¢f acqu15111on or openlng ol the de[11 or simllar account. For wrpos¢ of the sttiemtrni of tashflows, cash ar Cash equ5vanlS Con$1 of cash and Cash equivalents as defined above. 2. Crltlcal aGcountlng ludgemenls and key sources of estimation uncertalnty In the application of th8 Trust's awounling policies, vlhich aré d88ts1bed in nol& 1, Trusté& arè requirad lo make judo&rn18, 8sllmai&s and 8ssumplions about the carryng amounts of asseis and Ilabllillos Ihal 8ra not re8(511y apparonl from Other $(rt@s. The esiimaltss and assothat 8ssumplion5 are based on hisloriGg1 experience and other faclors Ihal are considered lo rel8vanl. Actual resulls may dlffèr from these 8Stlmales. Tho esllmale5 and underlying assumptions 8re reviewed on an ongoing ba$. RÈvPslohs lo accouniirtg esiimales ar& re¢ognl$8d in the parlorj in which Ihe estimate is r8Sed If the rems aflacls only thai pèriod, or In Ih• lIod of th6 r&on and future rfod$ if th? revlslon aff¢is both current 8nd future perds. Tha Tru5tee5 do not nSider there lo b8 any cxibcal judgetnents or key sources of es11maln rtaInlY requirfny dlsdosurtr. 3. Incorne from donatlons Bools Ch8rilaUe Trust is an independent registered Gharily wholly Ibnded by BDois UK Llmlled. 2025 2024 DonatnS 500,DOO 53,029 5S3,029 437.500 53,523 491.023 Donated semces (see note 41 4. Support ¢0818 and governancè CO$f$ Included Within donallons 1$ £53,029 12024.. £53.5231 from Boots UK Llmiled in regpecl of managiTrJ and adminisleriw the Twsl. Thly Is approxlmatlon based on separately IdénlSflable cosls and includes audit lees of £3,50012024'. £3.5001. There are no fees payabb lo Trusts audilor for non-audil setvices12024'. £nill. Gov8tnanctr cosls of£3.50012024.. £3.5001 consislof Ihe audll fee.
Boots Charitable Trust Notes to the financial stalements (continued) for the year ended 31 August 2025 5. Analysls of ¢harflable acllvltles Suppot11 goveTnan¢è costs Grants funded (note 41 202S Total 4B3.387 53,029 536.416 Supportl governancè costs Grants fundéd activity Inole 41 2024 Tofal Charilable acliwilies 397.637 53,523 451,160 Grants aPPtOV8d are drawn down 88 cash frtsr Ihe Trusvs spon50r, resulting in unalloraled funds belty reflected In Ihe Trusl's r8sarves as opposed to cash on the balance sheet. Na gran15 were awarded 10 IrKJw4duals In Ihe curi8nl or prling year. Anoly$l$ of grarbts awarded durlng thè year All grdnls were agreed during Tmsiets meellTYJS that look pL9ce Ihrough(xrt Ihe year lo 31 August 2025. Ouring Iha year mah)r grants amounted lo £483,J8712024." £397,637) arKJ were madè lo 52 boneficiaries12024.. 481. A list of the awards donai&d durfng th& y88rl$ sel oul b810w. 13
Bools Charitable Trust Notes to the financial statements (continued) for th6 year ended 31 August 2025 5. Attalysls of charltablè actlvltles Icontlnuèdl 2025 2024 Health Base 51 10,OLKI Radford Care Grp 10,0(X) Power Up X-PERT Health Training and Education Lld Life Edt110 Nolls 9,9 10.0(N) 10,0(M) Plnlslze Theatre Lld 5,610 The MASIC Foundauon 7,1 NIDAS 8,OLN) Cancer Suppori UK 9,437 BAghlar Fulures Thrwgh Sport ADDNI Chlldr8n's Chadty Neuro Therapy Cen1 Ltd N8urodlverslly UK 10,0(X) 10,0 10,QLK) 10,0(M) Margaret Pyke Tntsl Little Hearts Maller 8,821 9,Q The He811hBus Trusl 10,QLKI Pregnawy S¢kness Support 10,0(M) Respecl lorAII 9.595 My Slyhl Nollinghamshlre n8m¢ for Noitinty)amshire Royal So¢*ly lor the Blindl S.H.E. UK 9,646 9.876 CilkenyAdvicg Broxtowe 10,(K)O 4Sbhl Visw Support Denlaid 10.(K)O 2.500 ERIC, Thé Chlldren's Bowel and adder Charfly 5,000 Fumble 10.(K)O PASIC 10,Crf)O Chlld Braln lryury Trust Nollirvjhamshlre Hosplca Changing FaGes Trauma Treelmenl International I1) 5,000 10,000 10.(M)D 10.fX)O Slreelooclors 3.LN)O Bridgelon Community L88ining Campus Ltd Harytys Hydrocephalus Awarerbess Trust 10,(x)O Liverpod Canr Care Sell Help Group lknverpool Sunflowers) Sl8nlay$ Community ctre Music of Lile Foundallon lo,0 18 gr8nts12024'. 18 granisl 167,553 144,872 14
Boots Charitable Trust Notes to the financial statements (continued) for the year ended 31 August 2025 5. Analysls of ¢h8vlt8ble 8Ctlvltle8 l¢ontlnutdl 2025 2024 Communlty d8velopment Broxtowo Women's Project IBWPI Mojalu Fedation Llf8 SkiNs Education Charily Second Chance Leamlng Academy Di9abilily Supwrt M8rtlneau Gardens 10,000 fjo,000 9,400 7,792 10.000 10.000 urt Roois Initiallve 9,734 Thè te Trusl 10.000 The Duane SpencerTrusl Equation Charlly Bournemouih FoodBank 8,1(MJ 10.000 io.ooo PiSrnary INollinph8m Studios Lldl Quiet Down There CIO 2,950 EtN¢ PartnaE 9,394 Ashfl61d VoluntsryAdlon 9,7( GdGyM Imara CIO 9,143 9,993 Oxlordshlr8 Play Assodallon 9 grants12024.. S grants) 4.500 85.026 71,689 21125 2024 Llffrlong lèaming Ilingham Cilyof Lil•r8lur& Nolllngham ImaginalK)n Lbrary g.174 10.0 Young EnlerrySse ChSkJren's Book Project STAALld 10,0(M) 8,143 7,600 Blyth R&Sr¢$ ar¥J ln1llall Cenlro Sunoertand Women's C8nirè 5,000 7,656 Th6 Mason Foundation 9,950 2 granls12024.. 6 granisl f9.174 48,249 15
Boots Charitable Trust Notes to the financial statements (continued) for the year ended 31 August 2025 5. Analysls of ¢harltable actlvllles Icontlnuedl 2025 2024 Soclal care Just Fdend5 10.000 Transltmi Traknhg Belvoir Vale RKling for Ihe Disabd Group S.H.E UK Isupportlng, HoalSng, Educaitngl EcowLYks INoltingh8ml Ltd J&rlcho Road Project MuafOr Everyone Sportlng Memorlas Foundaiion 9,273 9.651 0.998 9,800 fjo,(x)o 9,820 4.811 8occk8 Enoland 10,0(X) SFICE FOUNDATION CIO 9,974 Unallima Theatre 10,000 CANCER UNITED 7.994 Adbn for Eldèts Trusl 9,960 Once Upon a Smile Me2 Clb 7.041 fjo.000 FACES Bedford 10,000 urt>an Uprislng Young Insyred 10,Q 5,0(h) The Laura Centre 10,0th) ryard compas 10,000 Sèachanqè Devo 9,524 Teams and Bensham Comrnunlly Care Pyramld ofArts 9.873 8.915 Hop8 Notlingh8m CIO me-slart Hdn98y HaGktw and Wallham F(Yesl IHSHH&WFI Nolllryham chIren, Young People and Thglr Famllles Proleet Tha Ethel Trusl 10,000 10.OOD 7,946 3,350 Beeslon CommunilyRe5wr¢e CIO 9,137 Liule Mlrade% Charilable Incorporated Organisalion The Marcèlbs 8az Foundallon 10.000 9.750 Hlghkghls Polenbal Kids 8.500 4.450 Reach Family Project Children's Beraavemenl Conire io,(K)o 10,000 POW Noliiwham The Helpful Bure8U Windmill CommunilyGar¢Jens 10,000 9,694 10,000 Open Homes Nollingh8m 10.000 23 grants12024.' 15 granisl 211,634 132.827
Boots Charltable Trust Notes to the financial statements (continued) for the year ended 31 August 2025 Trustee remuneratlon No Ttuslee has recdvad orwahd any remvnerallon or tsxpansés forlhÈlr 5e[¥eS lo Iha Trusl dunno Ih¥J y&arl2024.' nill 7. Employee numbers and costs The Tfusl has no eMployees12024.' nll B. Trade and other payablo$ 2025 2024 Amounls dug wbkn one yèèK.' Atttu&Is 15.003 97,447 Theso accruals rdale to gran18 8N)rovtd but not dlsbursed as 8131 Augusl 2025 and 85 bt 31 Augus12024. g. Relatod partlos Boots charitab Trust Fs a wkdly ownad chariiatAtr wmp8ny wlhin The 8(M)18 Group Llmiiéd. All c(rygnies wthin the Group ar8 a reL41gd party lo Ihe Trust. During Ihe year, t Trust rec8iv8d a grant of £S00.00012024.. £437,50018nd donaied s*te5 to ihe value of £53,02912024'. E53,5231 from a rèlalod Company, Boths UK Llmiled la wholly owned subsidiEry wilhin the Gioupl. Amounts due tolfrorn 50019 UK Limilod 81 the year-8nd were £nil12024'. 10. Post balanco sheot ewnts There have bean no signrficanl evènts nce the bdance sheel dale should be consklered for a proper und8rsiandvig of Ihesg fin8ncial sialèmenls. 11. Commltmtnts Al Ihe balarta sheei dai8, theré arè grants to Trthich the frusl was cemmiiiad lo maklng that have not bean w0ded lor (2024.. nonè). 12. Ultlmata parant undortaklng The Trust has no Sha ts181 and ks limrfed by guarantee of Ihe Memb8rs. On 28 Au9USI 2025 Sycamorè PartnarG (YJtnpleled ils acquls514on of Walgreèns Boots Nllante Inc.. From this dale. Th8 Boots Group Limiled became tha ulllmaié parent ctlxpanyand tonliolllng party of Ihe Tru81. The Imm8dlaie memberci)rnpanieswere unaffected by Ihls 1ratksar.ln. Al 31 Augu512025, the CoTnpanWs Immediale p3renl members were AlllanGe 80015 Holdings Li¥niled and Wdgreens Boots AllSance s8[v15 Llmiled, buth incorporated wlhin England and Wales. 115 ulllmale rent ¢omp8ny 2nd conlrdllng pariywa5 The 8ools Group Llmlled. Tha princlpal acllvlly of tha ullimai8 parent compgny is pharmacy, h8allh and beauiy retailing along wlh pharmacy whOS31e. The c(wnpany Is controllad and managed by tho Ttustees with Ihe parent Cornpany only aclive as a ld1{j company. Thé Boots Gp Limited incorwaled in the Unlled ng(m. Ils r8glsl8red office address is 3rd 1 Ashl$y Road, PJtrSncham, ChegNre, Unlied Kingdotn, WA14 2DT. 17