Charity Registration No. 1151516
Beefy's Charity Foundation
Annual Report And Unaudited Financial Statements
For The Year Ended 31 March 2024

BEEFY'S CHARITY FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr D L Osbome
Mr N G Desai
Mrs D M McGiveron
Charity number
1151516
Registered office
36 Upper Brook st￿et
Mayfair
London
W1K7QJ
Independent examiner
Jessica L￿ence FCA CTA
12 King Street
Leeds
LS12HL

BEEFY'S CHARITY FOUNDATION
CONTENTS
Page
Trustees, report
Statement of Trustees, responsibilities
Independent examinevs report
Statement of financial activities
Balance sheet
Notes to the financial statements
7-12

BEEFY'S CHARITY FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's Constitution. the Charities Act 2011 and "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their a￿o￿ntS in
accordance wth the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland {FRS
102}" (effective 1 January 2019).
Objectives and activities
The charity's object is to promote any charitable purpose for the public benefit as is exclusively charitable
according to the laws of England and Wales as the Trustees may from time to time determine. The policies
adopted in furtherance of these objects have not changed during the year.
The Trustees consider that they can best pursue the foregoing as a grant making charity that focuses on the
specific selected causes. The focus is currenUy upon.. blood can￿r research, brain tumour research and support,
Batten disease research, juvenile diabetes research. offender rehabilitation, YUVA- transfomiing sanitation and
educational facilities in municipal schools in India and cardiac risk in the young.
In carying out its activities the Trustees of the Foundation have had due regard to guidance on wblic benefit
published by the Charity Commission.
Financial review, achievements and perfomiance
The financial statements have been prepared in accordance with the accounting policies set out in the notes to
the financial statements.
The Foundation's principal source of income is derived from the persona and fundraising activity of Lord Botham.
Income amounted to £146,580 (2023 - £64,956) for the year.
During the year grants totalling £70,000 were made to Battem Disease Family Association, Bloodwise,
Yorkshire's Brain Tumour Charity and JDRF UK.
In January 2024, The BDFA re￿iVed a direct grant from St. James's Place which was through an introduction by
the foundation.
Structure, governance and management
The Foundation is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission in
England and Wales 1151516 and established by a Constitution dated 4 April 2013 which is based on the Charity
Commission's model constitution for a foundation CIO.
The Trustees who served during the year and up to the date of signature of the financial statements were..
Mr D L Osbome
Mr N G Desai
Mrs D M McGiveron
New Trustees are appointed by the Trustees having regard to their skills, knowledge, experience and potential to
advance the Foundation's work. No Trustee received remuneration or was reimbursed expenses during the
current or previous year.

BEEFY'S CHARITY FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Other individuals involved in the operation of the charty are=
Lady Botham - President
Mrs S L Shield- Chief Operating Officer
The President, an entirely honorary role. is appointed by the Trustees. She attends and may speak at meetings
of the Trustees and in doing so makes a valuable contribution to our discussions but she does not carry a vote.
The Foundation does not employ staff. The Chief Operating Officer is engaged on a consultancy basis to devisel
planlmanage events, encourageldevelop supporters and generally manage the on-going daily business of the
charity. The Trustees review and approve her fees as considered appropriate from time to time.
Reference and administrative details
The Legal and Administrative Information forms part of this annual report.
Reserves policy
It is the policy of the Foundation not to make grants in ex￿$$ of fvnds Currently in hand and to hold funds in
reserve to the value of at least six months of other operational expenditure. At 31 March 2024 the reserves were
£54,977 (2023- £22,739), all of which were free reserves.
Future plans
We have continued to plan for 2024125, with the following events planned=
Venice Cruise with Uniwodd -April 2024
UK Challenge Golf Day- May 2024
UK Challenge Launch Dinner- May 2024
Sandhurst Dinner- June 2024
UK Challenge Dartmore 3 Day Challenge- June 2024
St Andrews Golf- September 2024
The Trustees, report was approved by the Board of Trustees.
8yn6sh
Mr N G Desai
Trustee
2411112024

BEEFY'S CHARITY FOUNDATION
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice). The law applicable to charities in England and Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charity and of the
incoming resources and application of resour￿$ of the charity for that year. In preparing these firBncial statements,
the Trustees are required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed. subject to any material departures
disclosed and explained in the financial statements- and
prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose wtth reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports} Regulations 2008 and the provisions of the Constitution.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.

BEEFY'S CHARITY FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BEEFY'S CHARITY FOUNDATION
I report to the Trustees on my examination of the financial statements of Beefy's Charity Foundation {the
charity} for the year ended 31 March 2024.
This report is made solely to the Charity's Trustees. as a body, in accordan￿ with Section 145 of the Charities
Act 2011. My independent examination work has been undertaken so that I might state to the Charity's
Trustees those matters l am required to state to them in an Independent Examinevs Report and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than
the Charity and the Charity's Trustees as a body, for my independent examination work, for this repoyt, or for
the opinions I have formed.
Responsibilities and basis of report
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance
with the requirements of the CharitiesAct 2011 (the 2011 Act).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the
2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145(5)(b) of the 2011 Act.
Independent examinerfs statement
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the charty as required by section 130 of the 2011 Act., or
the financial statements do not accord with those records- or
the financial statements do not comply wth the applicable requirements conceming the form and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true and fair view which is not a matter considered as part of an independent
examination.
I have no concems and have come across no other matters in Connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial statements to
be reached.
Jessica Lawrence FCA CTA
12 King Street
Leeds
LS12HL
2511112024

BEEFY'S CHARITY FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
as restated
Notes
Income from:
Donations
Fundraising events
Investment income
69,116
77,464
1,321
64,956
254
Total income
147,901
65,210
Expenditure on:
Raising funds
Charitable activities
21,110
94,553
21,352
52,869
Total expenditure
115,663
74,221
Net incomel(expenditure) for the yearl
Net movement in funds
32,238
(9,0111
Fund balances at 1 April 2023
22,739
31,750
Fund balances at 31 March 2024
54,977
22,739
The statement of financial activities indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
All income and expenditure in both the cu￿ent and prior year was unrestricted.
The notes on pages 7 - 12 comprise part of these financial statements.

BEEFY'S CHARITY FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
as restated
Notes
Current assets
Debtors
Cash at bank and in hand
14
21,596
35.721
21,596
2,943
57.317
24,539
Creditors: amounts falling due within
one year
15
(2.340)
{1.800)
Net current assets
54.977
22.739
Income funds
Unrestricted funds
54,977
22,739
54,977
22,739
The financial statements were approved by the Trustees on ......
and signed on it's behalf by..
Nayn$sh
Mr N G Desai
Trustee

BEEFY'S CHARITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Beefy's Charity Foundation is a Charitable Incorporated Organisation registered with the Charity Commission
in England and Wales with the Registration Number 1151516.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Constitution, the Charities Act
2011 and 'Accounting and Reporting by Charities. Slatement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102). (effective 1 January 2019). The charity is a Public Benefit Entity as defined
by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports} Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling. which is the fijnctional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention, modified to indude certain
financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Tru%tees
continue to adopt the going cOn￿M basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their Charitable
objectives.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any perfomiance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on re￿ipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expenditure
Charitable activities expenditure (excluding grants) is induded in the Statement of Financial Position on an
accruals basis.
Costs of generating funds recognises the amounts paid throughout the year to raise the profile of the charity
and the activities which are undertaken.
1.6 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.

BEEFY'S CHARITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and setue the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
dassified as receivable within one year are not amortised.
Impairnlent of financial assets
Financial assets, other than those held at fair value through income and expenditure, are assessed for
indicators of impairment at each reporting date. Financial assets are impaired where there is objective
evidence that, as a result of one or more events that oCcU￿ed after the initial recognition of the financial asset,
the estimated future cash flows have been affected.
If an asset is impaired, the impaimient loss is the differen￿ between the carying amount and the present
value of the estimated cash flows discounted at the asset's original effective interest rate. The impairmenl loss
is recognised in net incomel(expenditure) for the year.
If there is a decrease in the impaimient loss arising from an event occurring after the impaim)ent was
recognised, the impairment is reversed. The reversal is such that the current carrying amount does not
exceed what the carrying amount would have been. had the impaimient not previously been recognised. The
impairment reversal is recognised in net incomel(expenditure) for the year.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or
are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of
ownership to another entity. or if some significant risks and rewards of ownership are retained but control of
the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Basic financial liabilities
Basic financial liabilities, induding creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.

BEEFY'S CHARITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
1.8 Taxation
Beefys Charity Foundation is a registered charity and as such is a charity within the meaning of schedule 6 of
the Finance Act 2010. Accordingly. the charity is potentially entitled to tax exemption under part 11 of the
Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in resped of income
and gains arising. Given this, no tax charge arises on the charity.
1.9 Grants payable
Grants payable are commitments (induding payments) made to third parties in the furtherance of the
charitable objectives of the charity. Single or multi-year grants are accounted for as grants payable when
either the recipient has a reasonable expectation that they will receive a grant and the Trustees have agreed
to pay the grant wthout condition, or the recipient has a reasonable expectation that they will re￿1ve a grant
and any condition attaching to the grant is OLrtside the Control of the charity.
Critical accounting estimates and judgements
In the application of the charity's accounting poliaes. the Trustees are required to make judgements,
estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the ests'mate is revised where the revision affects ￿lY that
period, or in the period of the revision and future periods where the revision affects both current and fvture
periods.
The Trustees do not consider that there are any critical accounb'ng estimates and judgments within these
financial statements.
Donations
2024
2023
as restated
Donations
69,116
64,956
Other trading activities
2024
2023
Fundraising events
77,464
Investment income
2024
2023
Interest receivable
1,321
254

BEEFY'S CHARITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Raising funds
2024
2023
staging fundraising events
Consultancy
Support and govemance costs
1,434
19,500
418
20,750
360
21,110
21,352
Charitable activities
2024
2023
Grant funding (see note 8)
Share of support costs {see note 9)
70,000
24,553
30,000
22,869
94,553
52,869
Grants payable
2024
2023
Grants to institutions..
Batten Disease Family Association
Bloodwise
Yorkshire's Brain Tumour Charity
Cardiac Risk in the Young
JDRF UK
Switchback
YUVA Unstoppable
20,000
15,000
20,000
10,000
15,000
10.000
10.000
70,000
30,000
I grants committed were paid at 31 March 2024.
All grants paid in the year were made to other charitable organisations and there were no PerforM￿ce conditions
attached to the grants paid.
10-

BEEFY'S CHARITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance
costs
costs
2024
2023
Sundry costs
Insurance
Accountancy fees
Consultancy fees
Independent examination
350
723
1,755
20,750
350
723
1,755
20,750
975
728
661
1,080
19,500
900
975
23,578
975
24,553
22.869
10 Trustees
None of the Trustees (or any persons connected with them) re￿iVed any remuneration, expenses or benefits
from the charity during the current or previous year.
11
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Total
The Trustees are considered to be the key management personnel of the charity.
There were no employees whose annual remuneration VRS more than £60,000.
12 Taxation
The charity is exempt from tax on income and gains falling wthin section 505 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the exient that these are applied to its charitable objects.
13 Investments
The CIO is the sole member of Beefy's Enterprises Limited. a company Limited by Guarantee which Op￿ateS
the fundraising events for the charity.
14 Debtors
2024
2023
as restated
Amounts falling due within one year:
Other debtors
21,596
21,596
11

BEEFY'S CHARITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
2,340
1,800
16 Related party transactions
Transactions with related parties
During the year the charity received donations from Beefy's Enterprises Limited. a subsidiary company, of £Nil
(2023- £33,502).
At the year end a balance of £21.596 (2023 - £21,596) was due from Beefy's Enterprises Limited to the
charity, which relates to trading balances, and is included within other debtors.
17 Prior period adjustment
The prior period adjustment relates to the correction of donations income received from Beefy's Enterprises
Limited, a subsidiary company.
Changes to the balance sheet
At 31 March 2023
As previously
Adjustment
reported
As restated
Current assets
Debtors due within one year
51.596
(30,000)
21.596
Capital ￿ndS
Income funds
Unrestricted funds
52.739
(30,000)
22.739
52,739
(30,000)
22.739
Changes to the profit and loss account
Period ended 31 March 2023
As previously
Adjustment
As restated
reported
Donations
94,956
(30,000)
64,956
Net movement in funds
20,989
(30,000)
(9,011)
12-