CompanyTegistration number.. (kn852304
CharityTegistratSon number.. 1129992
THE BOPARAN CHARITABLE TRUST
IA company Ilmlted bv Buaranteel
TRusfEE5' REPORT AND FINANaAL
STATEMENTS
YEAR ENDED 31 DECEMBER 2023

THE BOPARAN CHARITABLE TRUST
TRUSTEES, REPORT
YEAR ENDED 31 DECEMBER 2023
Contents
Pale
Reference and administrative details of the Company. its Trustees and advlsers
Trustees, Report
Independent Auditorfs Report
Statement of Flnancial Actlvlties
Balance Sheet
io
Cash Flow Statement
li
Notes to the Flnanclal Statements
12-20

THE BOPARAN CHARrrABLE TRUST
IA company Ilmlted by 8yaranteel
TRUSTEES, ANNUALREPORT
YEAR ENDED 31 DECEMBER 2023
Tru5tee5
A Boparan Ichairrnanl
8 Boparan
K Macdonald Porter
Compthny rellstered number
06852304
Charlty r•Wst•red number
1129992
ReK15terod offlc•
Colmore Court 9
Colmore Row
Blrmln8ham
B3 2BJ
Independent￿d￿l01S
Cooper Parry Group Umlted
Cubo Birmln8ham
Two Charnberla5n Square
Blrmln6ham
B3 3AX
B•nk•rs
Bank ol Scotland
SS Temple Row Blrmlngham
B25LS

THE BOPARAN CHARITABLE TRUST
(A Company limlted by guarantee)
TRUSTEES'ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
The Trustees present their annual reporttogetherwith the audlted fSnancial Statements of ihe Cornpanyfor the year
ended 31 December 2023. The Annual report serve5 the purposes of both a Trustees, report and a directDrs' report
under company law. TheTrustees conflrrn thattheAnnual report and linancial statements of the charitable companv
complywlth the current Statutory requirement5. the requirements of the charitable compzny'sgovernin8 doEurnent
and ihe provision5 of the Staternent of Recommended Practice ISORPI appliiable to charities preparing their
accounts in accordance with the Financial Reportln8 Standard applicable in the UK ènd Republic of Ireland IFRS1021
(effective l January 20191.
Slnce the Company quallfies as small under Section 382 of the Companies Act 2CQ6, the Strategic Teport requlred of
medium and large companies under Ihe Companies Act 2006 Istrategic Report and Directors. Reportl Re8ulations
2013 has beeTh omltted.
Trust••s of the Charlty
The dliector5 01 the charltable company are its trustees lor the purposes of tharlty law. The trustee5 who have
served durin8 the year and 51nEe the year end were a5 follows,.
A Boparan IChaSrmanl
B 8oparan
K Macdonald Porter
Oblerthe$ 4nd art￿ltIeS
Polkles and oble¢tlv•s
The objectlves ol the charltable company are to help children and younR people, up to thelr 19th blrthdayi acr05S
En8land and Wales. who are dlsadvantaged elther throu8h disabilitles. Ille Ilmitln8 tonditlons or extreme PDverty.
The Trustees conllrm that they have referred to the guidance contalned sn the Charlty Comm15sion'5 general
guidance on publlc beneflt when reviewln8 the Trust's aims and objective5 and In plannln& luture actlvitie5 and
setting the grant maklng policy for the year.
In settln8 objective5 and plannln8 for artivltie5, the Trt*stees have glven due conslderatlon to general guldance
publlshed by the Char5ty Commission relatlng to public benefit. Includlng the 8uldance 'Public benefit.. runnlng
charlty IP821'.
Str•tegle$ lor achlevlng obleetlve5
The charity has remained operational throu8hout the year and it is now that fundraisin6 has become the strategic
prlority. As there Is a 8reat c311 on the charliy's resources by beneficlarles.
Attlvkles undertaken to athleve oblecdvÈ$
In 2022 we had our annual Football at the London Stadium, our most successful golf tournarnent at the Belfry Sn the
West Mldland5 and a150 had a fundraiser compete In the Iron Woman Worlil Charnplonship.
Maln artivitles und•rtaken fo furtherthe CoThMMny's purposes forthe publlc beneftt
The objective5 of the charltable company are to help children and young people, up to their 19th birthdayi acros5
ETh8land and Wales, who are disadvantaged either through disabilltles, life limit4ng conditions arid extreme povertv.
The Trustees confirm that they have veferred to the Buidance contained in the Charity Commi5sIon's 8eneral
guidance on public benefit when reviewing the Trust's aims and objective5 and in planning fuiure activities and
setting the grant maklng poliry for the year.

THE BOPARAN CHARITABLE TRUST
IA tompany Ilmited by guarantee)
TRUSTEES, ANNUALREPORT
YEAR ENDEO 31 DECEMBER 2023
A¢hievements and performance
Maln achle¥ements ot the Company
The incominB resources of the Trust for the year to 31 December 2023 amounted to £872.36212Q22.. f 594.0441,
£78,43612022.. £16.1611 was expended lor raisin6 funds, £711,44812022.. E474,573I was absorbed by charitable
actlvitles Including £23.994 12022-. £39,7561 absorbed by governance Costs leaving net incoming
lexpendlturellresources for the year of £82,47812022: £103,310).
The Boparan Charitable Trust ha5 experienced a p051tlve perlod ol growth and rebuildlng over the past twelve
months. DelivEring core event5 to a high stand3rd and layin8 foundations for 8rowth In the years ahead. In addition
to this char5ty has appointed its first DSrectDr to lead in these areas.
Our appllcation5 continue an upward curve with a growth 7.99%, this was due to the c05t-of-Ilvlng crlsls hSttlng the
UK. A bi8 focu5 for the charity remalns keeping applications open and to keep our appllcations accesslble to as manv
beneflclarles as possible.
Throughout the year we have helped 660 Indivldual chlldren with fundin8 for speciallst eqvlpment. es5entlal
theraple5 for disabled chlldren and household necessltles io support families In poverty.
We had the retvrn of our key fundralslng actlvltle5 for the tharlty, startlng wlth a football tournament at West Ham
football grovn(J, goll tournarnent at the Belfry In Sutton Coldf5eld and the landrnark Incarnation of our Ila8ship
fundralser the Bright Star Ball toward the end ol the year.
Fln•nclal revlew
Goln8 concern
After makin8 appropriate enqulrle5, the Trustees have a reasonable expectatltsn that the Company has adequate
resource5 to contlnue in operational exlstence for the foreseeable future. For thls rea50n, they contlnue to adopt
the 8oin8 concern basls in Preparin8 the linanclal staternents. Further detalls regardlnB the adopllon of the 8oln8
concern basis can be found in the accouniin8 pollcie5.
Re￿￿•5 pollcy
It 15 the policy of the Trustees io mèlntaln the 8eTheral unrestricted funds at a level io provlde 5uffitient fund5 In
reserves to meet the future antitipated demands on the Trust's resources. Havin8 regard to the Ilkely levels of
Incornin8 resources and direct charitable expenditure. the Trustees are 5atlsfled that the funds and a55et5 at 31
December 2023 as reflected in the balance sheet are avallèble and adequate forthe Trustees to fulfll the obli8atsons
of the Charity and malntaln Its operatlons. Reserves held at 31 December 2023 were £1,558,03212022: £1,475,555).
Plans for future perlod5
The Boparan Charliable Trust has developed Its most enviable line-up of events for the coming twelve months with
the addition of 5i8nlflcant In ald of events, major Individual challenges. In addltlon to diversification into grant5 and
trust fundrai5in8. The charity will also roll out its rebrand and a new web55te.

THE BOPARAN CHARITABLE TRUST
(A company Ilmited by guarantee)
TRUSTEES'ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
StructurE, governance and management
Constllution
The Boparan Charitable Trust Is re8iStered as a charitable company limited by 8uarantee and was set up by a Trust
deed.
Meihods of appolntment or electlon of Trusteei
The rnanagement of the Company isthe re5p0115ibility tsf theTrustee5 who are elerted and co-opted undertheterms
of the Trust deed.
FlnAthclal rlsk mana8•ment
Having reBard to the Trust's organlsation and activities. it Is the vlew of the Trustees that the malor risks to which
the Trust may be exposed are largely financlal In nature. Systems of intern81 control provide rea50noble assurance
38aSnst materlal mSssiatement or loss and they Include..
Re8ular revlew of the flnancial results of the Iharlty
Se8re8ation of dutie5
Procedures for the authori5atlon of all tran5aCtlons and projects
Idenrification and rnanagement or risks
The Trustee5 Contlnue to be vl8llant and to keep pro¢e5ses under revlewto ensure that the malor rlsks to whlth the
charity is exposed are mltigated,
New trustees undergo appropriate orlentailon to brlef them on their le6al obllgatlons under charity and companv
law, the content of the charity's trust deed, the declslon maklng processes. the bu51ne5s plan and recent flnancial
perforrnance ol the chjrltv.
Trusteès, Indemnltles
AUM on 8ehaK of Uberty Mutual Europe SE
Tru5toes' responslbllltlos
The Trustees Iwho are also the director5 01 The Boparan Charitable Trust lor the purpD5e5 of company lawl are
responsible for preparing the Trustees, report and the flnancial statements In •ccordance with applicable law and
regulation5.
Cornpany law requlre5 the executlve commSttee to prepare financlal statem2nt5 for each linanclal year that 8ive a
true and lalr vlew of the state of affalrs of the charity and of the incoming resources and appllcatlDn of resources,
In£ludin8 the net Income or expenditure. of the charity for the year. In preparing those financlal 5taternents the
emecutlve cornrnittee are requlred tD'.
select 5Ultableaccounting policies and then apply thern consistent￿.
observe the method5 and principles in the Charities SORP,.
rnakejudgments and estirnates that ire reasonable and prudent..
prepare the financial statements on the golng concem basis unless it 15 inappropriate to presvme that the
charlty will continue in business.
The Trustee5 are responsible for keeplng adequate accountlng record5 that are sufficSent to show and explain the
charitable company's transattions and disclose with reasonable accuracy at any time the financial position of the
Company and enable them to eniure that the flnancial statements comply with the Cornpanie5 Act 2006. They are
a150 responsible for safe8uarding the assets of rhe Company and hence tor taking reasorsable steps for the
preveThtion and detection of fraud and other irregularities.

THE BOPARAN CHARITABLE TRUST
IA company limited by guarantee)
TRUSTEES. ANNUAL REPORT
YEAR ENOED 31 DECEMBER 2023
Trustee< reSpon￿b[lities- contlnued
The trustee5 are responsible for the malntenance and integrlty of the corF4Jrate and financlal information included
on the charitable cornpan¢s web5fte. Leglslation in the Unlted Kin8dom 8overnin8 the preparation and
dissemination of flnanclal staternent5 may differ from legislation In other jurisdictions.
D15closure of intormatlon tothe auditors
We, the directors ol the company who held office at the date ol approval of these FlnancSal Statements as set o
above each Confirm, so far as we are aware. that..
there Is no relevant audit Information of which the compan¢5 audltors are unaware,. and
We have taken all the steps that we ought to have taken as directors in order to make ourselves aware of anv
relevant audlt Inforrnatlon and to establlsh that the compan15 audltors are aware of that Information.
Aydltor
CDOPEr Parry Group Llrnlted a￿ deemed to be re-appointed under 5ectlon 487121 DI the Companles Act 2006.
The audit business of Halne5 Watts blTmlngham LLP was acqulred by Cooper Parry Group Llmlted on 14 NoveTnbEf 2023.
Hain2s Watt$ 8lrmlngham LLP has resl8ned a5 audltor and Cooper Parry Group Llmlted ha5 been appointed In its place.
Nolssues have )rlsen from the change of ouditors.
Th15 repcrt has been prepared In accord3nce wlth the speclal proY151on5 of Part IS ol the Comynles Act 2LX]6 relètlng to
5rn•11 companles.
Thi5 report was approved by the Bobrd ol Tru5tee5 Dn
and sl8ned on its bÈhalf
A 8oparan
Chalmian

INDEPENDENT AUD￿oR5, REPORT TO THE MEMBERS OF
THE BOPARAN CHARITABLE TRUST
Oplnlon
We have audited the financial statements of The 8oparan Charitable Trust for the year ended 31 December 2023
which comprise the St3tement of Finan£i31 Activitie5, the Statement of Finaniial P051tion and notes to the financial
statements, including a sumrnary ol si8nificant accountin8 policie5. The financial reporting frameworkthat has been
applied in their preparation 15 applicable law and UnSted Kingdorn Accounting Standards, Including Financial
Reporting Standard 102 Th2 Financial Reportin8 Standard applicable In the UK and Republlc of Ireland (United
Kin8dorn Generally Accepted Accountin8 Practlcel.
In our opinion the financia1 staternents..
give a true and fair view of the stare of the charitable company's affalrs as ai 31 December 2023 and of its
incomln8 resources and appllcatlon of resourc￿, Including its income and expenditure, lor the year then
ended,.
have been properly prepared In accordance wlth United Kin8dom Generalty Accepted Accountlng Practice;
and
have been prepared in accordance wlth the requlrernents of the Companles Act 2006.
Basls for oplnion
We conducted our audit in accordonce wlth InterThatlonal Standard5 on Audliln8 IUKI IISAS IUKII and applicable law.
Our responsibilities under those Standards are furrher descrlbed in the Audltors respon5it)ilitie5 for the audit of the
flnantial statements section of our report. We are independent of thE charlty Sn accordance with the ethlcal
requlrement5 that are relevant to our audlt of the flnancial Statements In the UK, Includin8 the FRC'5 Ethical
standard, and we have fulfilled Dur other ethlcal respon556illt5es in accordance wlth these requ5rernents. We believe
that the audit evidence we have obtained is sullicient and appropriate to provlde a basls for our oplnion.
Concluslons relatlni to 8oln8 concem
In auditin¥ the financial stèternents. we have concluded that the trustees, Use of the golnB concerTh basls of
accountlng in the preparation ol the flnaThclal statements Is approprlate.
8a5ed on the work we have performed, WE have not Identlfled any materlal uncertaintles relJtlnB to events or
conditions that, individually orcollectively* may cast slgnlllcant doubt on the chariiable cornpany's abillty to continue
a5 a goin8 concern lor a perSod ol at least twelve morjrhs from when the flnanclal staternen15 are authori5ed for
issue.
Our responsibllitle5 and the responsibllltie5 of the trustees wlth respttt to goln8 concern are de5crlbed In the
relEvant sections ol this report.
other Infom14tlon
The trustees are responsible for the other Information. The other inftsrmatlon comprises the informallon Included
in the annual report, other than the flnanclal statements and our Report of the Independent Auditors ihereon.
Our Opinion on the financial Statements ijoes not cover the other Information and we do not express any form of
assurance conclusion thereon.
In (Dnnectlon with our audlt of the Ilnancial Statements, our responsibility is to read the other InformatSon and, in
doiThE so, consider whether the other inforrnatlon is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appear5 to be materially rni55tated. If. based on the work we have
performed, we conc5ude that there is a materlal rni55tatement of th15 Other informatlon, we are required to report
that fact. We have nothlng to report in this regard.
Oplnlon on other matters pre5crlbed by the Companies Art 2006
In Dur opSnion, based on the work undertaken in the course ol the audlt..
the information given in the Report of the Trustees lincorporatln8 the Strategic Reportl for the flnancial year
for which the financial statements are prepared is consistent with the financial statements.. and
the Report of the Trustees lincorporatin8 the Strategic Report) has been prepared in accordancewith applicabl
legal requirement5.

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
THE BOPARAN CHARITABLE TRUST
Matters on whlch we are requlred to report by exceptloD
In the light of the kThowled8e ond understanding ol the charStable company and Its environrnent obtained in the
course of the audit. we ha¥e not identified material fflisstatements in the Report of the TTUStee5 lincorporating the
Strate8lc Report).
We have nothing to report in respect of the followin8 rnatters where the Companies Act 2006 requires us to report
to you If, In our opinion..
adequate accounting record5 ha¥e not been kept or returns adequate for our audit have not been received
frorn branches not V151ted by u5., or
the financial statements are not in agreement wlth the accountlng records arsd returns- or
certain di5c105ure5 of trustees, remuneration speclfTed by law are not made,. or
we have not received all the information and explanation5 we require for our audit.
Respons1￿1￿leS of trustees
As explained more fully In the Staternent ol Trustees Responslb511t5es, the trustees (who ère also the directcrs of the
charitable company fDrthe purpose of company lawl are responsible for the preparation of the financial Statements
whlch give a true and faSr view. and for such Internal control as the tTUStees determlne 15 necessary to enable the
preparation of financlal statements that are free from maierlal mi5Statement, whether due to fraud or error.
In prEparing the financial Statements. the trustees are responslble for assessln8 the charitable tompany's ability to
tontinue as a Koing concern, dlsclos5ng, as applicable, matters related to goin8 concern and u5in8 the soln8 concern
ba515 of accountin8 unl￿5 the trusiees elther Intend to Ilquldate the char5ty or to cease operations, or have no
realistlc aliernative but to do 50.
Our responslbllltles lor the audbt of the flnan¢lal 5tJtements
Our objectlves are to obtain reasonable assurance about whether the flnancial statements a5 J whole are free from
maierlal mlsstatement, whether due to fraud or error, and to Issue a Report of the Independent Auditors that
Includes our oplnlon. Reasonable assurance Ss a h58h level ol assurance, bul is Thot a guarantee that an audit
conducted In accordance with 15As IUKI wlll always detect a maierlal mSs5tatement when It exists. Misstatement5
can arlse frorr fraud or error and are consldereé matefial If, Individually oi in the a88regate. they could reasonabty
be expected to STrfluence the economlc declslons of users taken on the basis ol these financial 5tatementS.
Irre8ularltles. Including fraud, are instances ol non-compliance with laws and regulations. We design procedure5 In
Ilne with our re5ponsSbillties, outllned above. to detert materlal m15Staternents in respect of irregularltles. including
fraud. The extent to whlch our procedures are capable of detectln8 irregularities, Includlng fraud is detaSled below:
We obtalned an understanding of the le8al and re8ulatory frarrework applicable to both the (hafltable cornpanv
Itself and the sector in which it operates. We identified areas of laws and regulatlons that tould reasonably be
expected to have a materlal effect on the flnanclal Statements from our sector experience and throu8h dlscussion
wlth the trustees and Dther rnanagement. The most SlBnificant were 5dentified as the Cornpanie5 Act 2￿6, the
Charlties Act 2011 and Charitles SORP IFR51021.
We are not responsible for preventlng Irregularit125, includlng fraud. Our approach to detectin8 irre8ularbtle5,
includlng fraud. Included, but was not Ilmlted to. the following:
obtalning an uThderstandin8 of the legal and re8ulatory framework applicable to the Charltable Company
and how the Charltable Company complles with that,.
obtaining an understanding of the Charitable CompanV5 tontrol environrnent and how the Charitable
Company have applied relevant control procedures, through tliscussions with mana8ement and bv
performing walkthrough testing over key areas,.
obtaSnlng an understanding of the Charitable Companls risk a55es5ment process. including the risk of
fraud-,
reviewing meetSng rninutes of those charged with 8ovemance throughout the year.. and
perforrning audit testing to addre55 the risk of rnana8ement override of contro15, including testing joumal
entrie5 and other adjustments for approprlateness. evaluating the busine55 rationale of significant
transactions outside the normal course Df business and reviewing accounting estimates for bias.

INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF
THE BOPARAN CHARITABLE TRUST
Whilst our audit did not identify any significant matter5 relatlng tothe detection of irregularltSes including fraud, and
despite the audlt being planned and conducted sn accordance with ISA5 IUXI. there remains an unavoidable risk that
material misstatements in the financlal statements may not be detected owinE to Inhefent limitations of the audit,
ancl that by their very nature, any such instances of fraud or irregularity would Ilkely Involve collusion, forgery,
intentional mlsrepre5entatlDns, or the override ol internal controls.
Use of our report
This report 15 made solely to the company's membeTS, as a body. in accordance wlth Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might state to the companws rnembers those
matters we are required to state to them In an auditor's report and for no other purpose. To the fullest extent
permitted by law, we do not actept or assume responsiblllty to anyone other than the cornpany and the companls
rnembers as a boilyi for our audit work, lorthi5 report, or for the opinlons we have formed.
Nichola Venables ACA (Senlor Statutory Audltorl
For and on behalf of..
Cooper Parry Group Llmlted
Statittory Audltor
3° Floor
Cubo Blrmln8ham
Two Chamberla5n Square
Birmlngham
B3 3AX

THE 80PARAN CHARITABLE TRUST
IA company Ilmlted by #uaranteel
srATEMENT OF FINA14CIAL AcrivtnES
YEAR ENDED 31 DECEMBER 2023
Total
1023
Total
2022
Note
INCOME FROM
Oonatlons and legacies
Tradin8 acllvitSe5
Investments
8S4.329
18,033
566,283
27,761
TOTAL INCOME
872.362
$94,044
EXPENOITURE ON
Ralsing funds
Charltable actlvitles
78,436
711,448
16,161
474,573
TOTAL EXPENofTuRE
789.884
490,734
NET INCOMEIIEXPEWDITUREI
Transfers between funds
82878
103,310
NET MOVEMEPIT IN FUNDS
82,478
103,310
FUNDS BAOiIGHT FORWARO
14
1,475,554
1.372.244
FUNDS CARRIED FORWARO
14
1.558,032
1,475,554
ContSnulni operatlon$
All Income and expendlture has arlsen from contlnuln8 actlvltles.
The notes on page5 12 to 20form part of thesefinancialstutements
191

THE BOPARAN CNARITA8LE TRUST
IA tompany Ilmlted by guarant8e)
BALANCE SHEET
YEAR ENDED 31 DECEMBER 2023
Total
2023
Total
2022
Nole
CURREfrJT ASSErs
Debtors
Bank and cash
12
492,932
1,636.106
241.786
1.628.729
1129,038
1,870,515
CURRETrif LIABILITIES
Creditors
13
1571.0061
1394.961J
NET CURRENT ASSETS
1,558.032
1,475,554
TOTAL ASSETS LESS CURRENT
UABIUTIES
1,558,032
1,475.554
FUNDS
Vnrestrlcted funds
14
1,558.032
1,475,554
1,558,032
1.47S.S54
These ffinancial statements have been Pfepared In accordance wlth the speclal provlslons of Part IS of the
Companles A¢12006 relating to charitable small companies.
The flnanclal statemen15 were approved by the Board of Trustees on 3&1 {* Iz
and were slgned on it5 behalf bv..
A Boparan
Chalmian
Re815tered Number. 06852304
The notes on poges 12 to 20forn? part of the5ellnoncia15totements
iioi

THE BOPARAN CHARThABLE TRUST
IA company Ilmlted by 8uarantee}
STATEMENT OF CASH FLOWS
YEAR ENDED 31 DECEMBER 2023
2023
2022
Note
CASH f LOW FROM OPERATING AcnviTIES:
Cash generated frorn operation5
7,377
1109,8961
NET CASH GENERATED BYIIUSED INI OPERATING A￿1VITIEs
7,377
1109,8961
CASH FLOW FROM INVESTING ACTivrriES:
Interest received
NET CASH USED IN INVEsfNG ACTivrriES
CHANGE IM CASH AND CASH EQUIVALENTS IPJ THE
REPORTING PERIOD
7,377
1109,8961
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF
THE REPORTING PERIOD
1.628.729
1,738,625
CASH AND CASH EQUIVALENTS AT THE END OF THE
REPORTING PERIOD
1,636.106
1,628,729
The notes on pages 12 to 20form pan of t17eseflnuncialstgtements
Iiii

THE BOPARAN CHARITABLE TRUST
{A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 310ECEMBER 2023
I GENERAL INFORMATION
The Boparan Charitable Trust is a charit¥ by way of a company limited by guarantee (Number.. 068532041
and is a registered charity The Boparan Charltable Tfust gained charitablp Status on 4 June 2009. The
registered charity number is 1129992.
2 ACCOU1￿ING POLICIES
Basls of preparlns the Ibnan£lal statements
The financial statements of the charitable company, which is a publlc benefit entity under FRS 102, have
been prepared in accordance with the Charitles SORP IFRS 1021 'Accountin8 and Reporllng by Charities..
Statement of Recommended Practlce applicable to charities preparlng their accounts In accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I
january 20191,, Financial Reportln8 Standard 102 'The Flnancial Reporting Standard appllcable In the UK
and Republic of Ireland,, the CharltSes Arl 2011 and the Companles Act 2006.
The si8nificant accountin6 pollcies applled In the preparatlon of ihese flnancial statements are set out
below. These pollcies have been con51Stently applied to all years presented unless otherwlse stated.
Golng ¢on¢ern
The trustees continue to adopt the 80in8 concern assumption as the ba515 of preparatlon of the charlty's
flnancial Statements. In dolng so, thè trustees confirm they believe that no material uncertaintles exlst Sn
the foreseeable future regarding the tharlty'5 ablllty io contlnue as a golng ¢oncern. In formlng thls
concluslon, the trustees have consldered the level of funds held and the expected level of Income and
expenditure for 12 months from the date ol author151n8 these flnanclal statefflents.
Incom•
All income Is recognised when the charity ha5 entitlement to the fund5 or Is probable that the Income wlll
be received and the amount can be identlfles and measured rellablv.
Donated Income is recognlsed upon receipt unless the charlty has prlor knowledge of the donatlon and15
able to Identlfy the amount rellablv.
Income tèx recoverable In relatlon to investment Income is recognlsed at the tlrne the Investment Income
Is recelvable.
Empenditure
Expenditure Is recognised where there is a legal or constructive obligation to make payrnents to thlrd
parties, It Is probable that the settlement will be requlred and the amount of the obligation can be
measured reliably. It is categorised under the following headin8s.'
> Costs of raising funds
> Expenditure on charitable activities
Expenditure is accounted for on an atcrua15 basis. Irrecoverable VAT is charged as an expense against the
activity for which expenditure arose.
1121

THE BOPARAN CHARITABLE TRUST
IA company1Smlted byguaranteel
NOTES TO THE FINANCIAL sTATEMEr￿r5 ICONTIPIUEOI
YEAR ENDE031 DECEMBER 2023
l AccouffflNG POUCIES ICONTIIIUfDI
Allocatlon of support costs
support costs are the cost of the functlons that are essential to 0551st and support the work of the charity
but do not directly undertake in the charitable actlvities. Support costs include salary cost for employees
coverlng a range of back offlce costs including payroll, flnance, human resources and governance. Non
salary costs are 3150 Included.
The support costs have been allocated accordin8 to project location, where the function 55 shared across
projects the costs have been allocated accordin8 to the number of direci hours per projert.
Grants payable are charged In the perlod when the offer Is made except In those cases where the offered
15 condltlonal. such Brants bein8 recognised as expendlttsre when the condltions attaching are fulfllled.
Grants offered sublect to condltlons which hove not been met at the perlod end are noted as a
commStments, but not accrue(l as expenditure.
The trust beneflts from the Involvement and support of volunteers. Volunteer tlme Is not recogn15ed as
donated income as per the Charlties SORP IFRS 1021.
PensSons
The Charity operates a defined contributlon pension scheme and the penslon charge represents the
amounts payable by the Charlty to the fund In respect of the period.
Taxatlon
The charlty Is exempt from Corporation tax on its charitable activitles.
Cash at bank and In h•nd
Cash ai bank and in hand is prlmarily held to meet short term cash cornmltments as they fall due rather
than for Investment purposes. Currently the charity does not have any Investment accounts.
Debtors
Trade and other debtor5 are recognised at the settlement amount after ony trade dl$count offered.
Prepayrnents are valued at ihe amount prepaid net any trade discounts due.
Provlslons and credltors
Provision for Ilabilitles are Made where the charity has a present obli83tlon at the end of year date as a
result of a past event that w511 probably result in the transfer of fund5 to a third party and the value due to
Settle the obligation can be rneasured or estlmated rellably. The provislon 6 reco8ni5ed at the fairest
Settlement value.
Creditors include expendlture that ha5 a legal or con5trurtive obligatlon that commlts the charity to make
payment to a third party or it is probable that settlement will be required. This expendlture will relate to
good or services provided In the past however the settlernent has nol taken place before the year end
reporting date. Creditors a150 Include any deferred income the charlty has received for service5 not yet
provided.
1131

THE BOPARAN CHARITABLETRUST
IA company Ilmlted by guarantee)
NOTES TO THE FINANCIAL sfATEMENTS IcoiinNUEOI
YEAR ENDED 31 OECEMBER 2023
2 ACCOUNTING POLICIES IcoMririuEDI
Fund accountlnR
General funds are unrestricted whlch are avallable for use at the dlKretlon of the Trustees In furtherance
of the general objectives of the Company and which have not been de518nated for other purposes.
Investment Income, Balns and losses are allocated to the approprlate fund.
ApplicatTron process
The Boparan Charitable trust wants to help as many chlldren and young people a5 posslble and fully
welcome5 applications from all sections of the cornrnunity. Each application Is thoroughly assessed to
ensure it rneets the crlterla before beSng put before the declslon panel of Trustees.
Crliltal accountlng estlmates and are•s of ludB•ment
Preparatlon of ihe flnanclal statements has not required the Trustees to make any sl8nlflcant judgements
or estlmates.
There are no key assumptlons concernln8 the future and other key sour¢e5 of estimation uncertalnty at
the reportin8 date that have a significant risk of causlng a mateilal adjustment lo the carrying amount of
assets and1Sabilltles wlthln the next financlal year.
3 DONATIONS ANO LEGACIES
Total
2023
Total
2022
Donation from Boparan Events Llmlted In relatlon to the
Brlght Star Ball
Other donatlDns
590.621
263,708
549,536
16,747
854.329
566,283
The Income frorn donatlons and legacies wa5 all unrestricted.
1141

THE BOPARAN CHARITABLE TRUST
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI
YEAR ENDED 31 DECEMBER 2023
4 OTHER TRADING ACTIVITES
Total
2023
Total
2022
Gift Ald
GAYE
Project Iceman
Shopping and Chrlstmas
Quiz/raffle
Sale5 and slte fund ralsin
Golf
Ladies Lunth
London Marathon
Footb311 tournament
Trlke challenge
Sky dlve
Tap to donate
Collectlon5
Aacedav
Ironman
341
1,258
262
1,691
363
5,344
12.404
122
2.413
90
2,782
40
3,771
1,164
654
18
63
260
789
1,099
3,281
2,135
4,638
18,033
27,761
The Income from tradlnB actlvltles was 311 unrestrlcted.
5 EXPENDITURE ON RAISING FU14DS
Total
2023
Total
2022
Brlght star ball
Pro}ecl Iceman
Other
78,436
12,437
2,284
1,440
78N36
16,161
1151

THE BOPARAN CHARITABLE TRUST
IA company limlt?d by 8uaranteel
NOTES TO THE FINANCIAL STATEMErirs ICONnNUEDI
YEAR ENDED 31 DECE M8ER 2023
6 ANALYSIS OF GRANTS
Totsl
2023
Total
2022
General household
Household appllances
Household furniture
Treatments
Sensory Items
Disabllity aids
Occupatlonal
Physlcal
Speech and language
Other
zoo
ii.lso
8,191
269
39,458
18,154
227,214
10,424
7,634
23,421
5,903
60,923
18.075
346,334
7,655
7,216
10,291
3,754
465,598
340,712
7 CHARITABLE ACTIVITIES
Total
2023
Total
2022
Grants (see note 61
Support and 8overnance Isee note 81
Community prolects
465,598
121,643
24.207
340,712
133,861
711.448
474.573
SiIPPORT COSTS
General
5UPPOrt Governance
Tolal
Z023
Totsl
1022
Staff costs
Marketin8 costs
Insurance
Bank charge5
Employee expense5
Books and training
Vehicle costs
Audit fee
Legal and professlonal
183,655
dAsI
1.873
241
5,883
1,274
272
183.655
4,451
1,873
241
5,883
1.274
272
12.088
11,9D6
85.219
1,179
4,376
51
3.275
12.088
11,906
10,890
28,866
197,649
23.994
221.643
133.861
1161

TrIE BOPAIIAN CHARITABLE TRUST
IA company Ilmlted by guaranteel
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
YEAR ENDED31 DECEM8ER2023
9 STAFF COSTS
Total
2023
Total
2022
Gr0$5 wages
National insurance costs
Pension costs
156,919
18,786
7,gso
79.110
3,763
2,346
183,655
85,219
112022.. 01 employee received remuneration amountlng to more than £60,000 in the year.
staff Numbers
2013
2022
Average monthly head count
10 TRUSTEES. ANO KEY MANAGEMENT REMUNERATION A14D EXPENSES
The trustees neither recelved nor walved any remuneratlon or any other benefits from employment
durlnB the year12022: £Nill.
No Trustees expense5 have been incurred durlnB the perlod12022'. £NIII.
K•y Management Personnel
Key mana8ement personnel conslst of the Trustees and the Charlty Manager, remuneratlon totalled
£142,98112022.' £49,845).
11 NET INCOmE/IEXPEND￿UREJ
Total
2023
Totsl
2022
Nel incomellexpenditurel Is stated after charglng/lcredltln81.'
Audltors remuneration
IZ,088
10,890
1171

THE 8OPARAN CHARITABIE TRUST
IA company Ilmlted by 8uarantoel
NOTES TO THE FINANCIAL STATEMEpifs ICONnNUEDI
YEAR ENDED 310ECEMBER 2023
12 DEBTORS
2023
2022
Trade debtors
Other debtors
Prepayments
443.221
47.500
2.211
239.850
1,936
492,932
241,786
13 CREDITORS
2023
2012
Trade credStors
Accruals and deferred Incorne
Other credltor5
62,378
456,354
52,274
46,873
348,088
S71.006
394,961
2023
2022
Deferred Income
At l Januarv
Resources deferred
Arnounts released from prevlous perlods
26,449
26,449
14 FUNDS
Balance 31
Oecember
2022
Balance 31
December
2023
Current perlod:
Income
Expendlture
General funds
1,475,554
872,362
1789,8841
1.558,032
Prlty perlod:
Balance 31
December
2021
Balance 31
December
2022
Income
Empendlture
General funds
1,372,244
594,044
1490,7341
1,475,554
1185

THE BOPARAN CHARITABLE TRUST
IA company1Smlted by 8uaranteel
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
YEAR ENDED 31 DECEMBER 2023
IS NET ASSEfs BY FUNDS
Unrestrlcted
fvnds
Cuffent perlod- 31 December 2023
Totol funds
Current assets
Credltors due withln one year
1,129,038
1571.0061
1,558.032
2,129,038
{571.0061
1,558,032
Pflor perlod- 31 December 2022
Unre5trlcted
funds
Total funds
Current assets
Credltors due wlthln one year
1,870,515
(394,961)
1,870.515
f394.9619
1,475,554
1,475,554
16 PENSION COMMrrMENTS
The Charity operates a dÈflned contribution penslon scherne. The assets of the scheme are held
separately from those of the Company In an Independently admlnistered fund. The penslon cost charge
represents contrlbutlons payable by the 8roup to the fund amounted to £7,95012022'. £2.2831 were
payable to the fund at the balance shèet date and are included In credltors.
17 RELATED PARTY TRANSAcfioNS
Durlng the year the Trust recel¥ed a donatlon of £272,393 12022.. £262,393) from Bopèran Events
Limlted.
B K Boparan, a trustee of the charlty. Is a dlrector and shareholder of Boparan Events Llmlted and A
Boparan is a dlrettor of Boparan Events Limited. At 31 Decernber 2023 an amount of £NIL12022: £NILI
was due from Boparan Events Limited.
During the year, a famlly member of a trustee donated £iO,00012022: £Nill to Boparan Charitable
Trust, of which £lO,00012022'. £Nill is stlll outstanding at the year-end and is Included wlthin Trade
Debtor5.
During the year the charlty retelved donatlon5 totalling £11,91212022'. £2,765) from connected
companles. At the year-end £5,75012022: £7501 is due to the charity and Is Included within Trade
Debtors.
1191

THE BOPARAM CHAR ￿ABLE TRUST
IA ctynpany IlmitEd byBuaranteel
NOTES TO THE FJf4ANCIAL STATEMEiffs ICONTIMUEDI
YEAR ENDED 31 DECEMBER 2023
18 RECONCIUATION OF MOVEMENT IN FUNDS TO CASH FLOW FROM OPERATING AcrivtnES
2023
2022
Net Incomellexpenditurel for the year
82.478
103,310
Iincreasel In debtors
Increase In credltors
1251,1461
176,045
1237,1861
23,980
7,377
1109,896
19 COMPANY LIM￿E0 BY GUARANTEE
The Boparan Charltable Trusl Is a tompany Ilrnlted by guarantee and has no share capital. In the event of
the charity being wound up, the liability In respect of the 8uarantee 15 Ilmlted to £1 per member of the
charlty.
ID ULTIMATE CONTROLUNfj PARTY
The charltable company Is under the control af It5 board of trustee5.
1201

APPENDIX-ADUIT ADJUSTMENTS AND UNADJUSTED DIFFERENCES
REVENUE
BALANCE
SHEET
£000
Surplus l {deficit} per pw-audlt trial b81ance
1.531
Late cli8nt adjustments fr￿..
Late s81eldebtor
47
47
Late purchaselaccrual
(21)
(21)
Audit adjustments for..
None Identified
SURPLUS I (DEFICIT) FOR THE YEAR
1,558
Adju6tment for transfers between funds
NET MOVEMENT IN FUNDS FOR THE YEAR
1,558
UNADJUSTED DIFFERENCE5 IDENTIFIED
REVENUE
£000
BALANCE
SHEET
£000
Accw8d Income- to comeback and update once final figure r￿1Ved 111111
TOTAL IMPACT OF UNADJUSTED DIFFERENCES