THE DORIS BOUGHTON TRUST FUND
(Registered Charity No. 210324)
REPORT AND ACCOUNTS
YEAR ENDED 5 APRIL 2021
MURPHY SALISBURY LIMITED
15 WARWICK ROAD
STRATFORD UPON AVON
WARMICKSHIRE
CV37 6YW

THE DORIS BOUGHTON TRUST FUND
REPORT AND ACCOUNTS
CONTENTS
PAGE
Trustees and Advisers
Trustees and Management Committee's Rewrt
Independent Examiners, Rewrt
Statemeni of Financial Aclivities
Balancc Sh¢ct
Notes to the Accounts

THE DORIS BOUGHfoN TRUST FUND
TRUSTEES AND ADVISERS
CUSTODIAN AND
INVESTMENT ADVISOR
Smith and Williamson Inv¢slment Management
3, Floor, 9 Colmore Row
Binningham
B3 2BJ
TRUSTEES
K Miles- Chairnian
l L¢ach
R Spark¢s
B Smart
KEY MANAGEMENT
C Inglis- Administrator
M Wilcox - Treasurer
INDEPENDENT EXAMINERS
Murphy SaIisbury Limited
15 Warwick Road
Strntford upon Avon
Warwickshire
CV37 6YW
BANKERS
Barclays Bank plc
I Churchill Place
Lcicc5ler
LE87 2BB
ADDRESS:
19 Ettingion Close
Well¢sboume
Warwick
CV35 9RJ

THE DORIS BOUG￿[0￿ TRUST FUND
REGISTERED CHARITY NO. 210324
TRUSTEES. ANNUAL REPORT
The Trustees present their report along with the financial statements of the Charity for the
year ended 5 April 2021. The financial slatements have been p￿pared in accordance with the
accounting policies set out on page 7 and comply with the Trust Deed, the Charities Act 2011
and Accounting and Reporting by Chariti¢s: Statement of Recommended Practice applicable
to charilies preparing their accounls in accordance with th¢ Financial Reporting Standard
applicable in the UK and Republic of Ireland published on 16 July 2014 (as amended by
Update Bulletin I published on 2 February 2016).
Struclure, Governance and Management
The Fund was establish¢d by Trust D¢¢d on 26 September 1949 and is governed by the Trust
Deed between Edward Bishop Boughton and Barclays Bank Trust Company Limited the
Custodian T￿Stee. On 6 September 2001, 8 January 2014 and on 20 April 2015, the Charity
Commissioners approved a scheme to amend the original Trust Deed io Teflect the future
structure of the T￿5( and discharge Barclays Bank Trust Company Limited from its
trusteeship appointing the members of the existing Committee in their place.
Objectives and Activities
To rnaximise the income to the Fund to give financial assistance to employees and ex
employees (including their d¢pendants) of Whitnash PLC (formerly Aulomotive Products
PLC) together with the conlinuing businesses which were UK Subsidiaries of Aulomotive
Products Group Lid at any time up 10 31 December 2006, who are, in the opinion of the
Trustees, in need of such assistance. Th¢ Trusiees have given consideration to the Charity
Commission's general guidance on public benefit when reviewing ils aims and objectives.
A¢hiev¢ments and Performance
GFants totalling £31,770 weTe made lo 66 beneficiaries during the year (2020 . £30,589 to 65
beneficiari¢s)-
Financial Review
The Statement of Financial Activities on page 5 shows net outgoing resources for th¢ year of
£19,725 (2020 net outgoings £9,4)8). The change in the value of the Fund due to recognised
gains on investments during the year was £474,529 (2020 recognised losses £205,915)
making the total net movement in the year an incre&8e in the Fund's &8sets of £467,642
{2020'. decrease of £223,699).
Investment Report and Performanee
The Investment Advisors have continued to endeavour to generate su￿1Clent income from the
investments to maintain curreni benefiis whi151 maintaining the real value of the investment
fund io support the payment of thture benefits. The income for the year suffered from the
reduction in the level dividends paid by COTnpanies due the impact on them from the Covid
19 Pandemic. The value of investments Ixnefitt¢d from the rebound in world-Nryde stock
markcts in the lattcr part of the year.

THE DOIUS BOUGHTON TRUST FUIYD
REGISTERED CHARITY NO. 210324
TRUSTEES, ANNUAL REPORT
Reserves Policy
It is the policy of the Charity to tnainlain unrestrtctcd fimds al a level which provides
sufficient funds to cover management and administration and support Costs to respond to
applications for grants. Unrestricted funds were maintained at this level throughoui the year.
Responsibility of the Trustees in relation to the finaneial statements
The Charity trustees are responsible for preparing a trustees, annual report and financial
statements in accordance applicable law and United Kingdom Accounting Standards.
The law applicable to charities in England and Wales requires the trustee(s) to prepare
financial statements for each financial year which give a true and fair view of the charity's
financial a¢tivitl¢s during the year and of its financial posilion at the end of the year. Ill
prcparing financial slatcmcnts giving a true and fair view. the trnstees should follow best
practice and..
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the applicable Charities SORP.
make judgements and estirnates thal are re&8onable and prudent;
state whether applicable accounting standards have been followed. subject to any
material departur¢s that m￿1 b¢ disclosed and explained in the financial stafrments;
prepare the financial slatements on th¢ going concern basis unless it is inappropriat¢
to presume that the charity will continue in operatio
The trnstees are responsible foT keeping accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and to enabLe them to ensure that the
financial statements comply with the Charities Act 2011. the applicable Charities (Accounts
and Reports) Regulations and the provisions of the tNst deed. They are also responsible for
safeguarding the assets of the chartty and taking reasonable steps for the prcvcntion and
detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
Signed:
K MILES
Chainnan
M WILCOX
Treasurer
Approved by the Trustees on".
Datc:

INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES
OF THE DOIUS BOUGHTON TRUST FUND
I report to the charity trnstees on my examination of the accounts of the charity for the year
ended 5 April 2021 which are set out on pages 5 lo 9.
Responsibilities and basRs of report
As the charity's trust¢cs you ar¢ rcsponsible for the Prepardtion of the accounts in accordance
with the requirements of th¢ Charities Act 2011 ('the Act,).
I report in r¢spect of my examination of the charity's accounts carri¢d out under section 145
of the Act and in Carrying out my examination I have followed all the applicable Dkrections
given by the Charity Commission under section 145(5)(b) of th¢ Act.
The charity's trustees consider that an audit is not required for this year under section 144 of
the Act and that an independent examination is Deeded.
Independent examiners, statement
I have completed my examination. I confirni that no material matters have come to my
attention in connection with the examination giving me cause to believe Ihat in any material
rcspcct:
accounting r￿ordS weTe not kept in respeci of the charity as required by section 130
of th¢ Act: or
the accounts do not accoid with those records" or
thc accounts do not comply with the applicable requirements concerning the forn]
and ¢ontenl of accounts sct 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 tnatteT considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drdwn in this report in order to enable a proper
understanding of the accounts to be reached.
Certificate Date........ ....
Steve Walsh FCA
Murphy Salisbury Limited
15 Warwick Road
Stratford upon Avon
Wanvickshire
CV37 6YW

THE DORIS BOUGHTON TRUST FUND
STATEMENf OF FINANCIAL AcrivrrIES
FOR THE YEAR ENDED S APRIL 2021
2021
2020
Notes
Ineoming Resources
Investment Income
37,303
45.829
Total Income
37,303
45,829
Resources Expended
Investment Management Costs
Charitable Activities
Governance Costs
11.408
31.770
13.850
10,892
30,589
13,786
Total Expenditure
57.028
55,267
Net incomel(expenditure) before
investment gains and losses
(19,725)
(9,438)
Net gainsl(losses) on Investments
474.529
(205,915)
Net Movement in Funds
454,804
(215.353)
Reeonciliation of funds:
Total funds brought fonvard at 6 April 2020
1.348,902
1.564.255
Total funds carried fonvard at 5 April 202
1,803,706
I J48,902
Thc notes on pages 7 to 9 fonrA part of these accounts.

THE DORIS BOUGHTON TRUST FUND
BALANCE SHEET AS AT S APIUL 2021
2021
2020
Noles
FIXED ASSETS
Managed Fund Investments -
Goven)ment Securities
Fixed Interest
Indexed Linked
UK Equities
Unit Trust
Property Funds
North America
Europe
Far East
Rest of World
3203
193,213
43.280
676.330
297.327
85.923
74.674
26.505
148,619
221.364
3.270
162.931
26,838
520,939
292,144
57,196
53,808
15,468
39,691
130,511
1.770.438
1.302.796
CURREiYf ASSETS
Cash at Bank
48,341
57,836
48,341
57,836
CREDITORS:
Amounts falling due within one year
15,073
11,730
NET CURRENT ASSETS
33268
46.106
NF.T ASSETS
1.803.706
IJ48,902
FUNDS OF THE CHARITY
Unrestricted Funds
1.803,706
I J48,902
Approved by the Commillee on &0 o d. Lv Io % i
..(Chairman)
. (Treasurer)
K MILES
M WILCOX

THE DORIS BOUGHTON TRUST FUND
NOTES TO THE Accouwfs FOR THE YEAR ENDED 5 APRIL 2021
Basis of A¢¢ounting
The financial slatements have been prepared in accordance with Accounting and
Reporting by Charities: Statement of Recommendcd Praclice applicable to charitics
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as
amended by Update Bullelin I published 2 February 2016). the Financial Reporting
Standard applicable in the Uniied Kingdom and Republic of ireland (FRS 102) and
the Charities Act 2011.
The financial statements have been prepared under the hislorical cost convention with
the exception that investments are included at market value.
Thc charity Constitutes a public bcncfit entity as defincd by FRS102.
The trustees consider that there are no material uncertainties about the Trust's abilily
to eontinue as a going Concern.
Aeeounting Polieie$
a) Incoming Resources
All incoming resources are recognised once the Charity has entitlement to the.
resources, it is certain thai the resources I￿.111 be received and the monetary value of
incoming resources can be measured with sufficient reliabilily.
b) Resources Expended
ExpcndÈturc is recognksed on an accrual basis as a liability is incurred.
Exp¢ndÈturc includes irrecoverable VA T and is reported as part of the expenditure to
which it relates.
Grants payable are payments mad¢ to third parties in the firtherance of the charitable
objectives of the Trust. The grants are only recognised in the accounts when a
commitment has been made and there are no conditions to b¢. met Telating to the grant
which remain in the Charity's control.
Governance Costs comprise all costs involving public accountability of the charity and
its compliance regulation and good practice.
c) Fixed Asset Investments
Ini'estments are staled at market valu¢ as at the Balance Sheet date. The staternent of
fInancial activities includes the net gains and losses arising on revaluation and
disposals throughout the year.

THE DORIS BOUGHTON TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR EIYDED 5 APRIL 2021
(Conlinued)
d) Realised Gains and Losses
All gains and losses are taken to the statemenl of financial activities as they arise.
Realised gains and losses on investments are calculated as the differenee bctween sale
proceeds and opening market value (purchase date if later). Unrealised gains and
losses are calculated as the difference between the market value at the end of the year
end and opening market value (or purchase date if later). Realised and unrealised
gains are not separated in the Statement of Financial Activities.
Charitable Activities
2021
2020
Grants of financial assistance to individuals
31,770
30,589
Analysis of Governance Costs
2021
2020
Salaries
Independent Examiners. Fee
Accountancy
Stationery and Poslage
ProfessionaI Fee
11.830
1,013
863
11,763
1,013
864
146
13,850
13,786
5. Trustees, Remuneration and Related Party Transactions
The following Key Management received salaries and expenses during the year.
2021
2020
Salaries:
M Wilcox
C Inglis
3,073
8,757
3,006
8,757
11.830
11,763
2021
2020
Expens¢s:
No other Key Management or Truslees received remuneration or expenses. The average
number of employees during the year was 2 (2020: 2).

THE DORIS BOUGHTON TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2021
(Continued)
6. Fixed Asset Investments
2021
2020
Market Value 6 April 2020
Add." additions to inv¢stments at cost
Less: disposals
Add.- net gain J(loss) on revaluation
1.302,796
387,293
(394,180)
474,529
1,526,495
159.706
(177,490)
(205.915)
Markct Value 5 April 2021
1,770,438
1302,796
Historical Cost of Managed Fund Investments £ IJ08,646
£ 1,174,185
The Trustees have given the Investment Advisers responsibility for the Management of
the Investment Portfolio in accordance with an investment approach agreed by the
trustees.
7. Creditors
2021
2020
Amounts falling due within one y￿.
Accruals
Payroll Tax
14.481
592
11,140
590
15,073
11,730
8. Revenue Reserves
The funds re¢ognised &8 Revenue Reserves at 5 April 2021 were £132,189 (2020:
£115,365) and il is confinned that there are sufficient funds available lo cover fluctuating
levels of requests for support, which may excced a 5ingl¢ ycars income, for the
foreseeable ￿ture, in line with the policy of the Trust.