Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
Charity number- 1215160
THE ARORA CHARITABLE FOUNDATION
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
CONTENTS
Page
Reference and Administrative Details of the Charity. its Trustees and Advisers
Trustees. Report
Tru5tees' Responsibilitie5 Statement
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
14-21

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE PERIOD ENDED 31 MARCH 2026
Trustèès
Sunita Artsra, Chair lappointed 19 August 20251
Guy MO￿1$ lappoinled 19 August 20251
Rajvinder Arora lappoint8d 19 August 20251
Christopher Hyman lappoinled 19 August 20251
Nirvair Gill (appointed 19 August 20251
Charity registered
number
1215160
Principal offic•
Th8 Arora Group
2 Worfd Business Centre
Arora Business Park
Newall Road
Hounslow
TW6 2SF
Accountants
MHA
Chartered Accountants
MHA House
Charter Court
Swansea Enterprise Park
Swansea
SA7 9FS
Page 1

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES. REPORT
FOR THE PERIOD ENDED 31 MARCH 2026
The trustees present their report wth the finan¢ial staternents of the ¢h8rity for the period ended 31 Mar¢h
2026. The truslees have adopted the provisions of Accounting and Reporting by Charities.. Statemenl of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard 8pplicab19 in thg UK and R8public of Irgland IFRS 102118ff8Ctive 1 Jonu8ry 20191.
Objectives and Activities
Purpo$¢
Arora Charitable Foundation is a Foundation CIO which exists to further its charitable purposes for the public
benefit.
The Charity's objects as set out in its governing document are..
To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit
from time to time by making grants.
In pursuing these objects, the Charity seeks to provide grant funding to chaiitable organisations, 5UPPOrt local
corllmunities and build partnerships with both local and national organisations.
Maln Aetlvltl•s
Arora Charitable Foundation delivers its charitable objectives through the following principal activities..
Grant Making
The Foundation provides grant funding to registered charities and community organisatiDns whose work aligns
with its Charitable objectives. Through a structured appro8¢h to giving, the Foundation seeks to support
initiatives that deliver meaningful and measurable impact, ￿th at a national level and within local communities.
Support for Local Communitie5
A key priority of the Foundation is to support communities including grassrools organisations and community led
projects that address community development & partiapation, improve health & wellbeing and provide relief of
poverty & hardship.
Partnarshlps wlth Natlonal Charltlès
The Foundation maintains and develops partnerships with selected national charities. building on its established
legacy of supporting high impact organisations. These partnerships enable the Foundation to contribute to
larger scale initiatives addressing th8 relief of poverty, t8rminal heahh car8, health research, tn8dical treatment
or child we￿are.
Fundraising Activities
The Foundation raises funds through organised events and initiatives, most notably the Arora Ball. These
activities generate sustainable income that can be distributed to charitable causes, while also engaging
supporters, partners, and stakehold8rs in the Foundation's mission.
Page 2

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 MARCH 2026
Publi¢ Benefit
The trustees confirm that they have had due regard to the guidan￿ issued by the Charity Commission on public
b8n8lit when 8x81cising th8ir duties throughout the year. In assessing th8 ch8rity s activiti8s, th8 trust8es hav8
considered both the benefits provided and any pTrtential barriers to access, ensuring that all work undertaken by
the Arora Charitable Foundation advances its charitable purposes for the public benefit.
The trustees have ensured that all programmes and in-kind support are allocated based on charitable need and
contribution to the Foundation's charitable objectives and posilive social impact, and that the benefits provided
are accessible to individLJals and organisations who would otheNiise lace barriers to participalion.
Having rewewed the charitls activities for the period, the trustees are satisfied thal the Arora Charitable
Foundation has delivered public benefit in line with its charitable purposes and with the expectations set out in
the Charity Comrnission's guidance.
Grant maklng pollcy
The Foundation operates grant making programmes to support charities and community organisations whose
work aligns with its charitable objectives. Grants are awarded lo boih national charities and local community
group5.
Funding decisions are made by the trustees, who assess each proposal against criteria including charitable
need, alignment with the Foundatic)n's objectives, and the potential for meaningful and measurable impact. The
trust88s also ¢onsid9r the sustainability ol the org8nis8lion and the exlgnt to which funding will rnake a
difference.
Th8 Foundation 588ks to 8nsur8 that its grant making is fair, transparent and 8ffectiV8, and that funds ar8
distributed in a way that maximises public benefit. In add￿'On to financial grants, the Foundation may provide in
kind support where appropriate.
Achlevements & Performance
The Arora Charitable Foundation was formally registered as a charity in September 2025, with the initial trustees
having been appointed in ALJgust 2025. While newly constituted, thè Foundation builds on a long-standing
history of Gharilable giving and fundraising, includirYJ significant suppoxt for national ch8rilies through initiatives
such as the Arora Ball.
During its first reporting p8ri0d, the Foundation has made strong progr8ss In advan￿ng its charitable obj8ctives
and delivering public benefit. A key locus has been the establishment of its grant making activity. including the
introduction ol a structured small grants programme alongside its continued support for nats'onal charitable
partners.
The trustees assess the success of the Foundation's activities using a range of crileria, including alignment with
its charitable objectives, the level of demonstrated need, and the extent to which funded organisation5 deliver
m9aningful and rneasurablg irnpad. The trustees also wnsider the sustsinabilty of oul¢omes, the strength of
partnerships, and the reach of supported initialives, particularly within communities connected to the Arora
Group's hotels.
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Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 MARCH 2026
Grants
A key milestone during the year was the launch ol the Foundation's small grants programme, which is designed
to support local ch8rib"85 and comtmunity organisations. Th8 prograrnme op8rat8S On a twice-yearfy basis,
enabling the Foundation to provide regular and responsive funding to grassroots initiatives.
In January 2026, the Foundation awarded grants of £10,000 eaGh to ten organisations based in Luton. These
included..
Tokko Youth Hub, providing an inclusive youth space supporting young people, including young parents
and LGBTQ+ groups
Keech Hospice Care, delivering essential care Se￿ICeS and support to patients
Caraline, delivering specialist support for individuals affected by eating disorders
zalea, supporting individuals affected by exploitation and trafficking through outreach, therapy and
advocacy
Luton All Women's Centre, offering counselling and support on issues induding domestic abuse and
harmful practices
Rett UK, supporting individuals and families affected by Rett syndrome
The Disability Resource Centre, providing serlices for disabled people
Luton Community First Responders, delivering emergency response support within the community
Amlcus Trust, supporting individuals experiencing homelessness
The Chlltern School, a special educational needs school supporting approximately 350 children
In addition to financial grants, the Foundation also provided in kind support, including the donation of furniture
items to Amicus Trust to SLJPPOrt individuals transitioning out of hc>melessness, and stationery supplies to The
Chiltern Sehwl tc> enhan￿ ￿sOurCeS availablè to its pupils.
These grants and donations have supwrted a diverse range of organisations addressing complex and varied
needs within the local eommunity. The trustees consider this programme to be an important step in estsblishing
the Foundation's long-lerm approaGh lo Ii>cal grant making.
The Foundation maintains oversight of the impact ol its funding through a simple monitoring process. All grant
recipients are required to wmplete a rnonitoring and outoomes report, enabling the trustees to assess how
funds have been used and the differen￿ they have made.
In addition, trustees and representstive5 of the Foundation have undertaken site visits to selected beneficiary
organisations, including Tokko Youth Hub, Arnicus Trust and Keech Hospice, to see first-hand how these
organisations operate and how the Foundation's support contributes to their work. These visits provide valuable
Insight and help to Inform futLJre fundlng decisions.
Support for Local CommunltSes
The Foundation has prioritised support for cornmunities located olose to the Arora Group's hotels. Through both
grant funding and in-kind contributions, it has supported projects that address locally identified needs,
strengthen commLJnity resilience, and improve quality of life.
Page 4

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 MARCH 2026
Partnerships with National Charities
The Fc)undation continues to build on a long-established history of supporting national charities which was
previously don8 through the Arora Group in prior years. Historically, this support has indud8d a range of18ading
charitable organisations. including Can￿r Research UK. Evelina London Children's Hospital. UNICEF.
Macmillan Can￿r Support, The Royal Marsden, the British Heart Foundation, and Diabetes UK, among others.
During the reporting period, the Foundation has taken steps to formalise and strengthen this approach through
the development of its large grants programme. At the end of 2025, two national charities were selected as
beneficiaries of the 2026 Arora Ball, with each organisation duè to receive £250,000 following the event. In
addition, proceeds frorn the event will contribute lo the ongoing work of the Foundation.
The trustees have also continued to engage direcdy with partner organisations to understand the impact of
funding. Since Septemb8r 2025, visits have be8n undertaken to organisations including The Royal Marsd8n and
Oiabetes UK, providing valuable insight into how previous funding has been utilised and the outcomes achieved.
This engagement helps to strengthen relationships, ensure accountsbility, and inform future funding decisions.
The trustees intend to continue developing long term strategic partnerships with national charities that align with
the Foundation's objectives.
Fundraising Activities lincluding the Arora Ball)
Fundraising activities, including the Arora Ball, have continued to play an important role in generating income for
ch8rit8blg distribution. These evgnts not only raisg vil81 funds bul also strengthen relab"onships wlh donors,
partners and supporters, helping to sustain and grow the Foundation's impact.
Future Plans
The trustees will continue to build on the progress made during the Foundation's first period of operation, with a
locus on sti6ngth8ning its grant making programmès, èxpanding its impact, and ènsuring long-tèrm
sustainability.
The Foundation wll maintain its commitment to supporbng local communities through its small granis
programtlle. which will continue to run on a twice-yearty b3sis in March and September. This progratnrn8 will
remain a core element of the Foundation's work, enabling regular and responsive funding to grassroots
organisations.
In addition, the trustees are developing plans lo further enhance the Foundation's large grant making activity. In
years when the Arora Ball does not take place, discussions are underway lo introduce an alternative large granl
programtne. Th8 ttustees ai8 curr8ntly considering th8 structure of thi5 initiativ8, including th8 type of
beneficiaries to be supported and the level of funding lo be awarded, with the aim of ensuring continued support
for high impact national organisations.
Thg Foundab"on also intends lo broaden ils fundraising activity to ensure the sustsinability and growth of its
charitable programmes. By developing a rnore diverse range of fundraising initiatives, the trustees aim to
generate reliable income streams that will support both its local and national grant-making commitments.
As a newly conslituled charity, the trustees have adopted a measured and prudent approach to growth,
ensuring that all funding commitments are aligned with available resources. Looking ahead, the trustees plan to
strengthen the Foundation's financial stability by developing a cotnprehensive financial strategy, supporting
effective planning, risk management, and long-term resilience.
The trustees also remain committed to strengthening govemance and organisational capacity. This includes
refining processes for grant making, monitoring and evaluation, and ensuring that appropriate systems and
controls are in place to support the effective and transparent management of the Foundation as it continues to
grow.
Page 5

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 MARCH 2026
Flnanclal Revlew
During the period. the Foundation established its financial framework and commenced its charitable activities
following registration in September 2025.
Income during the period was generated through fundraising activities, including proceeds frorn the Luton Hoo
charity auction, together with early incc)me relating to the Arora Ball and additional donations. A toial ol
£100,000 was re¢eived as rèstri¢tèd funding for distribub.on to Chaiities based in the Luton ar¢8.
Expenditure during the period consisted primarily of chariiable grants, including £100,000 awarded to ten local
Luton charib.es following the Lutc>n Hoo auction. Additional expenditure related to initial set up and operational
costs.
At the year end, the Foundatlon held unrestrlcted funds of £241,346, lollowlng the full dlstributlon ol restricted
funds received during the period.
The trLJStees are satisfied with the Foundation's financial position al the end of its first reporting period and
consider it to be in a stable position to meet its current comtnitments and sUPPOrt the continued development of
its activities.
Rèsèrvas Polley
The trustees recognise the importance of maintaining appropriate reserves to ensure the financial stability and
ongoing operation of the Foundation.
As a newly constituted charity, the Foundation does not yet have a formal reserves policy in place. The trustees
are in the prO￿sS ol developing a comprehensive financial strategy, which will include establishing a clear and
appropri8te reserves poliry aligned with the Charity's artivities, risk profile, 8nd future wrnmitrnents.
In the interim, the trustees have adopted a prudent approach to financial management. The Foundation
currently hdds sufficient funds to tneet its planned grant comtnitments, which will also be funded by the Arora
Ball, and operational costs in the n8ar term, while maintaining a level of financial flexibility to respond to
unforeseen circumstances.
As a grant giving charity, the trustees do not intend to acGumulate significant reserves beyond what is necessary
to ensure the effective and sustainable operation of the organisats'on. The priority rernains to deploy funds in
furtherance of the Foundatic>n's charitable objectives, ensLJring timely and impacrful distribution to beneficiaries.
The trustees will review this position during the corning year. with the aim of implementing a formal reserves
policy that balances financial resilience with maximising charitable impact.
Funding resources
The Foundation's principal source of incotne is fundraising activity, most notably the Arora Ball, which has a
long-estsblished tr8¢k rewrd of ggneraling significant funds for Charitable causes. Procegds from the gvent
contribute towards the Foundation's granl-making programmes, including both national and community-based
In addits'on to event-based fundraising, the Foundation also receives donations, which sUPPOrt the delivery of its
charitable objectives and enable it to extend its grant making activities.
The trustees intend lo continue developing and diversifying the Foundation's income streams through additional
fundraising initiatives, with the aim of ensuring the long-term sustainability and growth of its grant making
programmes.
Page 6

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 MARCH 2026
Fundraising activities
The trustees confirm that all fundraising activities undertaken during the year were proportionate, aligned with
the ¢h8rity's objectives and carried out in a manner consistent with good gthic81 practic8.
Golng Concern
The trustees consider that there are no material Un￿rtaIntieS about the charivs ability to continue as a going
con￿rn and on that basis, the financial statements are prepared on a going concern basis.
structure. governance and management
Governing Document
The charity is controlled by its goveming document, dated 19th August 2025.
Organlsatlonal structure
Arora Charitable Four)dation is established as a Charitable Incorporated Organisalion ICIOI using the
foundation model. As a FDundation CIO, the charity does not have a wider membership, and the trustees are
responsible lor the overall governance and strategie direction of the organisation.
The Board of Trustees is responsible for setting the Foundation's slrategy, approving grant-making decisions,
and ensLJring that the charity operates in accordance with its charitable objectives and governing docLJment. The
trustees Tneet regLJlarfy to review the Foundab"on'5 8Ctivitie5, assess funding proposals, and monitor
pertorrnance.
The trustees are supported in the day-to-day administration of the Foundation's activities, including the
coordination of grant rnaking and fundraising initiatives. All significant decisions, including the award of grants.
are subject to trustee oversight and approval.
Recruitment and appointment of new trustees
New trustees are appointed following a structured and considered pro￿sS. In selecting individuals for
appointment, the Iruslees have regard lo the skills, knowledge 8nd experience required lo support the effective
administration and govemance ol the Foundation.
All new trust8es are subject to an interview and s8lection process led by th8 Board of Trustees. Appointments
are made by resolution at a properfy convened meeting of the trustees. in accc>rdance with the provisions sel
out in the Foundation's constitution.
Trustees 8re appointed for a term of three yeers and may be reappointed in accordan￿ with the governing
document.
In additic)n, the conslilulion provides for the 8ppointmenl of nornin8led truslges, with up lo two Iruslees
appointed by The Arora Group as the appointing b￿ly. These appointments are made in accordance with the
appointing body's procedures and are formalised through notification to the Board.
This approach ensures that the Board rnaintains an appropriate balan￿ of skills and experience while
supporting effective govemance and decision making.
Page 7

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 MARCH 2026
Indu¢tion and training of new trustees
New trustees are introduced to the Board of Trustees and to the role and its responsibilities through a structured
induction proc8ss. This Includes an overvi8w of th8 Foundation's purposg, 8divities and gov8rnancg
arrangements. as well as the duties and responsibilities of trustees.
In accordanGe with the Foundation's constitution, eaGh new trustee is provided, on or before their appointment,
with a copy of the current constitution and the latest Trustees. Annual Report and statement of accounts. This
ensures that all trustees have a clear understanding of the charitls governing document, financial position, and
ongoing activities.
Trustees are selected with regard to the ski11s, knowledge and experience required for the effective
administration of the Foundation. The induction process is designed to build on this expertise, providing trustees
with th8 infortll8tion and support n88ded to earry OLJt their rol8 8ffectiv81y.
Ongoing support and, where appropriate, further training are provided to ensure that trustees maintain an up-tO-
date und8rstanding of their r8sponsibilib8s and of good governance pr8ctlC8S Wthin the charity sector.
Oaclslon maklng
The charity's trustees are actively involved in both the governance 8nd Strategic direction of the Foundation,
meeting regularly to review activities, consider grant making decisions and ensure that the charity operates in
accordance with its objectives.
The trustees delegate the day-to-day management of the charity io the Director of Charitable Services, Alison
Griffin. This includes the coordination of grant making programmes, stakeholder engagement and the
administration of the Foundation's activib"8s. All significant decisions, including the award of grants and strat8gic
direction, rernain subject to trustee oversvJht and approval.
Risk manag•m•nt
In compliance with the SORP, the major risks to which the Charity is exposed, as identified by Trustees, have
been reviewed, and systems have been established to manage those risks. These are reviewed regularly at
Bc>ard rn8etings.
Key risks identified indude the sustainability of income to support the Foundation's grant-making activities, the
effective allocation and monitoring of charitable funds, and the management of potential conflict5 (rf interest
arising from related party relationships. The truslees seek to mitigate these risks through prudent financial
planning, regular monitoring of income and expenditure, struclured grant making and reporting processes, and
robust gov8inanc8 proc8dur8s, induding th8 declaration and tnanagetn8nt of conflicts of int8rest.
Key management remuneratlon
Th8 Iruslees consider the Dirgotor of Charitable Services to be the key management personnel of the
Foundation. During the reporting period, this role has been supported externally, with no remuneration paid
directly by the Foundation.
The trustees oversee this arrangernent lo ensure that il remains appropriate and that any support provided is
aligned with the Foundation's charitable objectives and represents an efficient use of reSoUr￿s.
The Foundation does not operate any performance related bonuses or incentive schemes.
The tiustees keep this arrangement under review as the Foundation develops its operational and financial
structure.
Page 8

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 MARCH 2026
Related parties
The Arora Group is considered a related party by virtLJe of its role as an ap￿inting body for certain trustees of
the Foundation.
During the reporting period, the Foundation has benefited from support provided in kind by the Arora Group.
This includes the provi510n of office space and staff resource to support the day-to4ay management (rf the
charity. The Director of Charitable Services is employed externally and does not receive remuneration from the
Foundation.
These arrangements are governed by a Mernorandurn of Understsnding, which sets out the terms of sUPPOrt
and ensures darity regarding roles, responsibilities and the basis on which resources are provided.
Th8 tiust8es recognis8 that there ar8 close connections b8tW88n th8 Found8tion's 188d8rship and the Arora
Group. Appropriate prO￿dureS are in place to ensure that any potential conflicts of interest are identified,
declared and managed in accordance with the Foundation's policies, and that affected trustees withdraw from
any 1818vant d8cision making.
The trustees are satisfied that all related paty arrangements are in the best interests of the charity and are
appropriately managed.
Treasurerfs statement- Nlrvalr G511 lJohnl
18m ple8$9d to share a reflection on the Found81ion's first rgporting period, which has focused on establishing
strong and responsible financial foundations.
From th8 outset, th8 trust88s have taken a car8ful and con5id818d approach, ensLJring that appropriat8 financial
controls and oversight are in place as the Foundalion begins to grow. It is particularfy encouraging that. during
this first period, the Foundation has generated significant income and translated this into immediate and
maaningful support for banèficiariès, whilst maintaining a strong finaneial position at thè yéar ènd.
The Foundation is well placed as it moves forward, with a solid base of unrestricted funds providing flexibility to
support future grant-making alongside cleady defined funding commitments.
Looking ahead. the focus will be on strengthening our financial strategy, including the development of a formal
reserves policy to support long term sustainability. This measured and considered approach will ensure that the
Foundation continu8S to grow in a way that is both fInan￿allY robust and also align8d with its charitab18
objectives.
NINir AL
Nirvair Gill
Treasurer
Approved by order of the members of the board of Ttustees and signed on their behalf by..
Sunita Arora
Ichair of Trustees)
Dat8". July 9, 2026
Page g

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE PERIOD ENDED 31 MARCH 2026
The Trustees are responsible for preparing the Trustees, Report the financial statements in 8ccordan¢e
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally AcTrpted
Accounting Practice).
The law applicable to charib.eg in England & Wales requires the Trustees to prepare financial statements for
each financial period which gNe a true and fair view of the state of affairs of the Charity and of its incoming
resources and application ol resources, including its income and expenditure, for that period. In preparing these
rinanaal statements, the Trustees are required to..
sel8Ct SLJitabl8 acmunting policies and then apply th8rn consistently.,
observe the rMethcKls and principles of the Charities SORP IFRS 1021.,
ake judgments and accounting estimates that are reasonable and prudent.,
st8te wheth8r 8pplic3bl8 UK Accounting Standards IFRS 1021 hav8 been follow8d, subj8Ct to any
rnalerial departures disclosed and explained in the financial stal8rnents',
prepare the Iinancial stslements on the going concern basis unless it is inappropriate lo presurne that the
Charity will continue in busine55.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charitrfs transactions and disclose with reasonable accuracy at any time the financial position of the Charity
and 8nable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity
IAccounts and Reports) Regulations 2008 and the provisions of the Trust deed. 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 irr8gulariti85.
Approved by order of the members of the board of Trustees and signed on its behalf by..
Sunlta Arora
Oate.. July 9. 2026
Page 10

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
INDEPENDENT EXAMINER'S REPORT
FOR THE PERIOD ENDED 31 MARCH 2026
Independent Examinerfs Report to the Trustees of The Arora Charitable Foundation I'the
Charity'l
I r8port to the Gharity Trustees on my examination of the 8wounts of the Charity for Ihg Pgriod ended 31 M8r¢h
2026.
Responsibilitie5 and Basi5 of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance wth the
requirements of the Charities Act 20111'the 2011 Aot'l.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrwng out my examination I have followed the applicable Directions given by the Charity Commission under
section 14515llbl of the 2011 Act.
Independent Examiner's Statement
Sinc8 tha Charity's gross income exc8éd8d £250,000 your exatniner must bè a membèr of a body listod in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the exarrinalion because l am a member
of ICAEW, which is one of the listed bodies.
I have cornpleted rny examination. I confirm that no rnatters have come to my attention in connection wth the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or
the accounts do not accord with those r8wrds', or
the accounts do not comply with the applicable requirements conceming the form and content of
accounts set out in th8 Charities IAccounts and Reports) Regulations 2008 other th3n any requirem8nt
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
I have no eoncems and have Come aeross no other matters in connection with the examination to whieh
attention should be drawn in this report in order lo en8ble a proper understanding of the accounts lo be
reached.
Signed-.
Dated'.91h July 2026
ACA DGhA
Rachel Do￿e
MHA
Chartered Accountsnts
MHA House
Charter Court
Swansea Enkrprise Park
Swansea
SA7 9FS
MHA is the trading name of MHA Audit LLP, a lirnited liability p8rtnership registgrgd in England and Wales
Iregistration number OC3123131.
Page11

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 MARCH 2026
Unrestricted
funds
2026
Restricted
funds
2026
Total
funds
2026
Note
Income from..
Oonats'ons and legacies
300,536
100,000
400,536
Total Income
300,536
100,000
400,536
Expenditure on..
Charitsble activitie5
59.190
100,000
159,190
Total •xponditur¥
59,190
100,000
159,190
Net movam*nt in funds
241,346
241,346
Reconclllatlon of funds..
Net movement in funds
241,346
241,346
Total funds carrled fotward
241,346
241,346
The Slalernenl of Financial Activities indudes all gains and losses recognised in the period.
The notes On pages 14 to 21 fom part of these financial statements.
Page 12

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2026
2026
Note
Currant assèts
Cash at bank and in hand
291.346
291.346
Currant Ilabllltlss
Creditors.. amounts falling due within one year
10
150,0001
Nat currant ass•ts
241.346
241,346
Total net assets
241,346
Charity funds
Unrestricted funds
241,346
Total funds
241.346
The financial stslements were approved and authorised for issue by the Trustees and signed on their behalf by..
Sunita Arora
Ichair of TrLJSteesl
Date.. July 9, 2026
The notes on pages 14 to 21 fomi part of these financial statements.
Page 13

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
General information
The Arora Charitable Foundation is a Foundation CIO regist8red with th8 Charity Commission in England
and Wales (Registered Nurnber.. 12151601.
The charitrfs registered Offi￿ 15 The Arora Group, 2 Wodd Business Centre, Arora Business Park,
Newall Road, Hounslow. TW6 2SF.
The financial statements are presented in Steding (£1, the charivs functional currency, and rounded to
the nearest pound.
Accountlng pollcles
2.1 Basi5 of preparation of finan¢ial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Stalem8nt of R8comm8nd8d Practice applicable to charit18S
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republi¢ of Ir8land IFRS 1021 and the Charities Act 2011.
The Arora Charitable Foundation meets the definition of a public benefit entity under FRS 102.
Assats and liabilitiès arè initially recognisad at historical cost or transaction valuè unléss oth8nMsa
stsled in the relevant accounting policy.
2.2 Going cone•m
At the tirne ol approving the financial statements, the trustees have a reasonable expectation that
the charity has adequate restsurces to continLJe in operational existents for the foreseeable future.
Thu5 th8 trust88s continu8 to adopt the going concein basis of accounting in pr8p8ring th8 financial
statements.
2.3 Significant judgemènts and estimates
In the application of the charit51s accounting policies, the trustees are required to make judgements,
estimates and assumptions about the carrying amounts of assets and liabilities that are not readily
apparent from other sources. Thg estimatgs and associated assumptions ar8 based on historical
experience and other factors which are considered to be relevant. Actual results may differ from
these estimates.
The estimates and underfyng assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised if the revision only
èff8Cts that period, or in thè pèriod of thè rèvision and futurè psriods if thè rèvision affaets both
current and future periods.
Piovisions and contin encies
Provisions are recognised when the charity has 8 present obligation as a resulL of 8 P8St event and 8
reliable estimate can be made of a probable adverse outcome. Otherwise, material contingenl
liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent
ass8ts ar8 only di5d058d rf an inflow of &conomic b8n8fits is probabl8.
Page 14

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
ounting policies l¢ontinuedl
2A Income
All income is recognised once the Charity has ent￿ernent to the income, it is probable that the
income will be re￿Ived and the amount of income r￿1Vable can be rn88sured reliably.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of
income rec8iv8d foi specific purposes but not expend8d during the p8riod is shown in the relevant
funds on the Balance Sheet. Where income is re￿iVed in advance of entitlement of receipt. its
recognition is deferred and included in creditors as deferred income. Where entidement occurs
before income is received, the income is accrued.
Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to
measure this reliably, in which case the cost c>f the item to the donor should be Ljsed. The gain is
recognisgd 8$ inwtM8 from donations and a wrr8sponding amount is Included in the appropriat8
fixed asset class and depreciated over the useful economic life in accordance with the Charitsls
accounting policies. If the donated assets are given for the purposes of sèlling by the charty the
sales proceed is are included within inwmg ft)r that period.
Cash donations are recognised when the charity has entitlement to the funds, it is probable that the
incomè will b8 r6e8iv6d, and th6 amount can bè mèasurad réliably.
On receipt, donated professional servi￿$ and facilities are recognised on the basis Cif the value of
the gift to the Charity which is the amount it would have been willing to pay to obtain services or
facilities of equivalent 8conomic ben8fit on th8 open mark8t.' a corr8stK>nding amount is th8n
recognised in expenditure in the period of receipt.
8811 income is recognis8d in the p81iod in which the b811 is held.
2.5 Expendltur8
Expenditure is recognised once there is a legal or constructive obligation to) transfer economic
benefit to a third party, it is probable that a transfer of economic benefits will be required in
settlement and tha amount of the obligation can bè mèasurad reliably. Expenditurè is elassified by
activity.
Expenditure on charitable activities is incurred on directly undertaking the activities whid) further the
Charity's obj8Ctives. as w811 as any associat8d support costs.
Grants payable are charged in the period when the offer is made except in those cases where the
off8r Is conditional, such grants b8ing r8cognised as exp8nditur8 wh8n th8 conditions attaching ar8
fulfilled. Grants offered subject to conditions which have not been met at the period end are noted as
a commitmenl, but not accrued as expenditure.
2.6 Charitable activities
Costs of charitable activities indude grants made and govemance costs.
2.7 Governance costs
Governance costs compris8 all costs involving the public accountablity ol th8 charity and its
compliance with regulation and good practice. These costs included costs relab'ng lo examination
fees and legal lees.
Page 15

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
ounting policies l¢ontinuedl
2.8 Taxation
The charity is exempt from tax on its charitable activities.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and ShOrt-te￿ highly liquid investments with 8 short
maturity of three months or less from the date of acquisition or opening of the deposit or sirrilar
account.
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a pasl
event, it is probabl8 that 8 trensf8r of econornic ben8fit will be r8quired in settlernent, and the
amount of the settlement can be estimated reliably.
Liabilities arg rewgnised at thg amount that thg Charity anb"cipat85 it will pay lo settle the debt or thg
amount it has received as adVan￿d payments for the goods or services it rnust provide.
Piovisions arè mèasurèd at thè bsst éstimale ol thè amounts raquirad to sèttlè thé obligation. Wheré
the effect of the time value of money is material. the provision is based ON the present value of those
amounts, discounted al the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding ol the discount is recognised in the Statement of Financial Activities as a finance cost.
2.11 Fund accounting
G8n8r31 funds ar8 unrestricted funds which ar8 8vailab18 for us8 at th8 discretion of the Trust88s in
furtherance of the general objectives of the Charity and which have not been designated for olher
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charity lor particular purposes. The costs of raising and
administering such funds are eharged against the specific fund. The aim and usè of 6aeh restrieted
fund is sel out in the notes lo the financial statements.
Page 16

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
Income from donations and legacies
Unrestricted Restricted
funds
funds
2026
2026
Total
funds
2026
Donations
300,536
100,000
400.536
Analysis of grants
Grants to
Institutions
2026
Total
funds
2026
Grants
100,000
100,000
Grants pald
2026
Keech Hospice Care
RETT UK
The Disability Resource Centre
Azale
Tokko
Amicus Trust
Luton Community First Responders
Caraline
Luton All Wornen's Centre
The Chillren School
10.000
10.000
10,000
10,000
10.000
10,000
10,000
10,000
10,000
10,000
100,000
Page 17

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
Analysis of expenditure on charitable activities
Summary by fund type
Unr85tricted R85tricted
funds
funds
2026
2026
Total
2026
Direct costs
59,190
100,000
159,190
Analysls of expendlture by actlvltles
Activities
undertaken
directly
2026
Grant
funding of
a¢ti¥itie$
2026
Support
05ts
2026
Total
funds
2026
Dirèct eosts
46.080
100.000
13,110
159.190
Analysls of dlrèct costs
Total
funds
2026
Activities
2026
Charitable activities
46,080
46,080
Analysis of support ¢osts
Total
funds
2026
Actlvltles
2026
Professional fees
Independent examination fee
9,110
4,000
9,110
4,000
13,110
13,110
Page 18

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
Independent examiner's remuneration
2026
Fees payable to the Charity's independent exarniner for the independent exatnination of
the Charity's annual accounts
4,000
Siaff Costs
The average number of persons employed by the Charity dLJrlng the period was Nil.
No employee received remuneration amounting to more than £60,000 in either year.
Trustees. remuneration and expenses
During the period, no Trustees received any remuneration or other benefits.
During the period ended 31 March 2026, no Trustee expenses have been incurred.
10. Cred5tors'. Amounts falllng due wlthln one year
2026
Accruals and deferred income
so.000
2026
Deferred Income Included wlthln credltors
ReSoUr￿S deferred during the period
46,000
Page 19

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
11. Statement of funds
Statement of funds . current period
Balance at
31 March
2026
Income Expenditure
Unrestricted funds
General Funds
300,536
159,1901
241,346
Restricted funds
Luton H(￿ Auction
100.000
1100,0001
Total of funds
400.536
1159,1901
241,346
Luton Hoo Auction
charities.
Part of the funds rèci8v8d from the auction was giv8n to support local Luton
12. Summary offunds
Summary of fund5 - Current period
Balance at
31 March
2026
Income Expenditure
Gener81 funds
Reslricled funds
300,536
100,000
159,1901
1100,0001
241,346
400,536
1159,1901
241,346
Page 20

Oocu5ign Envd(w ID." DB3B20CO-F734-8349424C-DB267F318E70
THE ARORA CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
13. Analysis of net assets between funds
Analysis of net a55ets between funds - current period
Unrestrlcted
funds
2026
Total
funds
2026
cu￿8nt assets
Creditors due within one year
291,346
150.0001
291,346
150,0001
Total
241,346
241,346
14. Related party tran$action$
During the year, the charily had transactions with The Arora Group, whith is considered a related party.
The Arora Group donated assets to th8 Charity at the valu8 of £392,498, which the charity utilised in
furtherance of its charitable activities. Sunita Arora is also a director of certain companies withir) The
Arora Group, but does not participate in the deasion making in relation to transactions with the company.
15. Grant commltments
The charity had approved 2 grants of £250,000 which had not been recognised 8s liabilities at the
balance sheet date.
These grants h8V8 been authoris8d and communicat8d to recipi8nts but ar8 subj8Ct to performanc8-
related conditions ol the Arora Ball held in November 2026. As such, they do not rneel the recognition
criteria for a liability at the reporting date.
Page21