THE DORIS BOUGHTON TRUST FUND
(Registered Charity No. 210324)
REPORT AND ACCOUNTS
YEAR ENDED 5 APRIL 2024
TC GROUP
CELIXIR HOUSE
STRATFORD BUSINESS & TECHNOLOGY PARK
INNOVATION WAY
BANBURY ROAD
STRATFORD UPON AVON
WARWICKSHIRE
CI'37 7GZ

THE DORIS BOUGHTON TRUST FU￿D
REPORT AND ACCOUNTS
CONTENTS
PAGE
Trustees and Adviser5
T￿SteeS and Management Committee's Report
Ind¢pendcnt Examiners. Report
Statement of Financial Activili¢s
Balance Sheet
Notes to the Accounts

THE DORIS BOUGHTON TRUST FUND
TRUSTEES ADVISERS
CUSTODIAN AND
II¥VESTMENT ADVISOR
Ev¢lyn Parnicrs
103 Colmore Row
Birniingham
B3 3AG
TRUSTEES
B Singh Nagra- Chairnian - appointed as a Trustee
on 18 October 2023 and app)inted as Chairnian on 17
January 2024
C M Bowden
l L¢ach
R Sparkes
B Smart
T D Williams
A Shurvinton- appointed 18 October 2023
W Ryan- apw)inted 18 Odob¢r 2023
KEY MANAGEMENr
C Shaw- AdministratOT
M Wilcox . Tr¢asureT
INDEPENDENT EXAMINERS
TC Group
Celixir House
Stratford Business & Technology Park
Innovation Way
Banbury Road
Stratford upon Avon
Watwickshire
CV37 7GZ
BANKERS
Bar¢lays Batth plc
I Churchill Place
Leicester
LE87 2BB
ADDRESS:
39 Admington Drive
Hatton Patk
Warwick
CV35 ￿z

THE DOIUS BOUGHTON TRUST FU￿D
REGISTERED CHARrrY Iyo. 210324
TRUSTEES, ANNUAL REPORT
The Trustees present tb¢ir report along with the financial statements of th¢ Charity for thc
ycar ended 5 April 2024. The financial statements have b¢¢n prq)ared in accordance with the
accounttng policies set out on page 7 and comply with thc Ttust Deed, the Chatities Act 2011
and "(FRS 102),: Accounting and Reporting by Charities: Statement of Recommcnded
Practice applicable lo charities prq)aring their accounts in accordance with the Financial
Reporting Standard applicable ill the UK and Republic of Ir¢land effective l January 2019.
Strueture, Governance and Management
The Fund was established by Trust Deed on 26 September 1949 and is governed by the Trust
Dced between Edward Bishop Boughton and Barclays Bank Trust Company Limited the
Custodian Trustee. On 6 September 2001. 8 January 2014 and on 20 April 2015, the Charity
Commissioners approved a s¢hcm¢ to amend Ihc original Trust Deed to reflect the future
strncture of the TTUSt and discharge Barclays Bank Trust Company Limit￿ from its
trnst¢eship appointing the members of the existing Committee in theiT plac¢.
Public Benefit
The trustees confiTm they have complied with their duty under se￿.0￿ 4 of the Charities Act
201 I to have due regard to the Charity Cotnmission s general guidance on public benefit.
Objectives and Activities
To maximise the income tu Ihe Fund to give financial assistance to employees and ex
employees (including their dependants) of Ivhitnash PLC (formerly Automotive Products
PLC) togelhcr with the Continuing businesses ￿,hICh were UK Subsidiaries of Automotive
Products Group Ltd at any time up to 31 December 2006, who are, in the opinion of the
Trustees, in need of such assistance. The Trustees have givcn consideration to the Charity
Commission's general guidance on public benefit when reviewing its aims and objectives.
Aehievements and Performance
Grants totalling £24,500 We￿ made to 40 beneficiaries duTing the year (2023.. £30,685 to 58
beneficiaries).
Financial Review
The Statetnent of Financial Activities on page 5 shows net incoming resources for the year of
£9,620 (2023 net outgoings £1,404). The change in the value of the Fund due to recognised
gains on investments during the year was £54.7?4 {2023 Tecognised losses £136,9?8) makinb.
the total net movement in the year an increase in the Fund's &ssets of £64,344 (2023: decrease
of £138,332)-
Investment Report and Performance
Th¢ Inveslment Managers aim to manage the funds so that they generate sufficient income
from the investmcnts to maintain current benefits whilst also maintsining the real long-terni
value of the invcstmcnts to support th¢ paym¢ni of future benefits. The investment income
for the year increased £5.720 (10.770/ ) due to the general increase in dividcnds and interest
rates in the year. The value of the investments rose by £53,245 to £1,726,780 which was a
slight und¢rpcrfonnance compared to the benclllnarks used by the investment managers. The
trustees are in dtgeussions with the investment manag￿5 OV¢T actions to improvc the total
investment perfomiance of the fund.

THE DOIUS BOUGHTON TRUST FUND
REGISTERED CHARITY NO. 210324
Reserve$ Policy
TRUSTEES, ANNUAL REPORT
It is the policy of the Charity to maintain unrestricted funds at a level which provides
sufficient funds to ¢ovcr fflanag¢meni and administration and support Costs to respond to
applications for grants. Unrestrictcd funds were maintained at this level throughout the year.
Responsibility of the Trnstee$ in relation to the financial Statements
The chan.ly trustees are responsible for preparing a trustees annual report and financial
statements in accordance with applicable law and United Kingdom Accounting SL￿dards.
The law applicabl¢ to charities in England and Wales requires the trustee(s) to prepare
financial stateTnen15 for each financial year which give a trne and fair view of the charity's
financial activities during the y&qr and of its financial FN)sition at the end of the year. In
preparing financial statem￿ts giving a true and fair view, th¢ trustces should follow best
practice and:
sclect suitable accounting policies and then apply them consistently:
observe the methods and principles in the applicable Charities SORP;
make judgements and estimates that are reasouable and PTud¢nt"
slate whether applicable aecounting standards have becn followed. subject to any
material departures that must be disclosed and explainoj in the financial statements;
piepare the financial stalements on the going concern basis unless it is inappropriate
to presume that the charity will continue in operdtion.
The trnstees are reswnsible for keeping accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure thal the
financial statements covnply with the Charities Act 2011, the applicable Chariti¢5 (Accounts
and Reports) Regulations and the provisions of the tnlst ded. They arc also responsible for
Safe&￿arding the assets of the charity and taking i¢asonable steps for the prevention and
detection of fraud and other iTrcgularities.
Approved by the Tn￿teeS 2nd signed on their b¢half by:
Signed:
B SINGH NAGRA
Chainnan
Approvcd by the Trustees on:
Datc..
171112oU+

IThTDEPENDENT EXAMIIYERS, REPORT TO THE TRUSTEES
OF THE DORIS BOUGHTON TRUST FUND
I report to the charity trustec5 on my examination of th¢ accounts of the charity for the year
ended 5 April 2023 which are sa out on pages 5 to 9.
Responslbllities and basis of report
As the charity's trustees you are reswnsible for the preparation of the accounts in accordance
with the r¢quirements of ihe Charities Act 2011 ('the Act.).
I report in iespect of my examination of the charity's accounts carried out under section 145
of the Act and in carrying out my examination I have followed all the applicable Directions
givcn by th¢ Charity Commission under section 145(5)Ib} of the Act.
The charity's trust¢es consider that an audit is not requir¢d for this year under section 144 of
the Act and that an independent examination is n¢eded.
Independent examlners, statement
Your attention is drawn lo th¢ fact that th¢ charity has prepared financial statements in
accordance with Accounting and Reporting by Charilies preparing their accounts in
accordance with the Financial Rewrting Standard applicable in the UK and Republic of
Ireland (FRS102) in preference to the Accounting and Reporting by Charities". Statement of
Recommended Practice issu¢d on l April 2(K)5 which is referr&J to in the extant regulations
bul has now bcen wiihdrawn.
l understand that this has bcen done in order for financial staiements to provide a true and
fair view in accordance with Generally Accepted Accounting Practice effective for r¢porting
periods begyinningi on or after l January 2015.
I hav¢ LOMplet￿ my examinalion. I confinn that no material matters have come to my
attention in connection with the examination giving me cause to believe that in any material
respecl..
accounting records were not kept in respect of the charity as rquired by section 130
of the Acl. or
the accounts do not a￿Ord with tho$¢ records; or
the accounts do not comply with the applicable requirements conccrning the forn)
and rontent of accounts set oul in th¢ Charitics {Accounts and Reports) Regulations
2008 oiher than any requirement that the accounts givc a "true and fair view, which is
not a matter considered as part of an independent ex9mination.
I havc no wncems and have come across no other matters in connection with the
examination to which attention should b¢ drawn in this report in order to cnable a proper
understanding of the accounts to be reached.
Certificate Date............... ..
TC Group
C.elixir House
Stratford Business & Technology Park
Innovation Way, Banbury Road
Stratford upon A￿On. Warwiekshire
CV37 7GZ

THE DORIS BOUGHTOIY TRUST FUND
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Notes
Incoming Resources
Investment Income
58,827
53,107
Interest received
39
Total Income
58,866
53.107
Resources Expended
Investrnent Management Costs
Charitable Activities
Governance Costs
11.770
24,5
12,976
12,050
30,685
11,776
Total Expenditure
49,246
54.511
Net ineome/(expenditure) before
investment gains and los
9.620
(1,404)
Loss on sales of Inveslments
Gainsl(losses) on Investments
(8,235)
62.959
5,602
(142,530)
Net Movemcnt in Funds
64,344
(138,332)
Reconeiliation of funds:
Total funds brought fonvard as at 6 April 2023
1.695,320
1,833.652
Total funds carried forward as at 5 April 2024
1,759,664
1,695J20
The notes on pages 7 to l O forn) part of these accounts.

THE DORIS BOUGHTON TRUST FUND
BALANCE SHEET AS AT 5 APRIL 2024
2024
2023
Notes
FIXED ASSETS
Managed Fund Investments -
1.726.780
1,673,535
CURRENT ASSETS
Cash at Bank
42.828
36,791
CREDITORS:
Amounts falling due within one year
NET CURRENT ASSETS
42.828
36,791
9,944
15,006
32.884
21.785
NET ASSETS
1,759,664
1.695J20
FUNDS OF THE CHARITY
Unrestricted Funds
1.759.664
1,695J20
..(Chairn]an)
B SINGH NAGRA
. (Treasurer)
M WILCOX

THE DORIS BOUGHTON TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APIUL 2024
Basis of Accounting
Th¢ financial statements have been prepared in accordance with th¢ Charity's Trust
Deed, the Charities Act 2011. FRS 102 -The Financial Rwrting Standard applicable
in the UK and Republic of Ireland-"(-"FRS102"") and the Charities SORP "'Accounting
and Reporting by Charities: Ststem¢nt 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 l January 2019).
The charity is a Public Benefit Entity as defin¢d by FRS 102.
The financial statements have b¢en prepar&] under the historical cost convention with
the exception that investments are included al market value.
The charity constitutes a public benefit entity as defined by FRSI 02.
Th¢ trustees consider that there are no material uncertainties about the Trust's ability
to continue as a going concem.
Accounting Policies
a) Incoming Resources
All incoming reSoU￿eS are recognised once the ChaTity has entitlement to the
r¢sources, it is certain that the resources will be Teceived, and the monetary value of
incoming resources can be measured with suffici¢nt reliability.
b) Resources Expended
ExpenditUT¢ is recognised on an accrual basis as a liability is incurred.
Expenditure includes irrecoverable VAT and is rqK>rted as part of the expenditure to
which it relates.
Grants payable are payments made to third parties in the fi]rtheranc¢ of the charitable
objectives of the Trust. The grants are only recogni5ed in the accounts when a
omm2tm¢nt has been made and there are no condition5 to be met relating to the grant
which remain tn the Charit), s control.
Governance costs comprise all costs involving public accountability of the charity and
its Compliancc with regulation and good practicc.
c) Fixed Asset Investments
Investments are stated at market value as at the Balance Sheet date. The statement of
financial activities includes the gains and losses arising on revaluation and
disposals ihroughout the year.
d) Realised Gains and Los$es
All gains and losses are taken to the statement of financial activities as they aTiSe.
Realised gains and losses on investments are caleulated as the difference between sale
proceeds and opening market value (purchase date if later). Unrealised gains and
losses are calculatcd as the difference between thc market value at the end of the year
end and opening rn￿ket value (or purchase date if later). Realis￿ and unrealised
gains are not separated in the Statement of Financial Activities.

THE DORIS BOUGHTON TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024
(Conlinued)
e) Charitable Funds
Unrestricted funds are available for use at the discretion of the Trust¢es in furtherance
of their charitable activities.
3. Charitable Activities
2024
2023
Grants of financial &ssistance to individuals
24,500
30,685
4. Analysis of Governance Costs
2024
2023
Salaries
Independent Examiners, Fee
Accountancy
Stationery and Postage
Professional Fee
Other admin Expenses
10,431
907
1,368
59
9,272
801
.263
118
211
178
12,976
11,776
5. Trnstees, Remuneration and Related Party Transactions
The following Key Managemcnt received salartes and expenses during the year.
2024
2023
Salaries:
M Wilcox
C Shaw
3,531
6,900
3.272
6.(K)O
10,431
9,272
2023
2023
Expenses..
C Shaw
45
No other Key Management or Trnstees reccived remuneration or expenses. The average
number of employees during the year was 2 (20?3: 2).

THE DOIUS BOUGHTON TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024
(Coniinued)
6. Fixed Asset Investments
2024
2023
Market Value 6 April 2023
Add.. additions to investffl¢nts at cost
Less.. disposals at cost
Add: net gain l(loss) on revaluation
1,673.535
59,814
(69,528)
62,959
1.801,066
163,809
(148,810)
(142,530)
Market Value 5 April 2024
1,726,780
1,673535
Historical Cost of Managed Fund tnvesth)ents £ 1,425,730
£ 1,435,443
The Trustees have given the Investment Advisers responsibility for the Managernent of
the Investment Portfolio in accordance with an investment approach agreed by the
trustees.
7. Creditors
2024
2023
Amounls falling due within one year.
Accruals
Payroll Tax
9.503
441
14,540
466
9,944
15,006
8. Revenue Reserves
The funds reCO￿lSed as Revenue Reserv&s at 5 April 2024 were £158,083 (2023..
£133,800) and it is confimied that there are sufficient funds available to cover fluctuating
levels of requests for support, which Tnay exceed a single year.s income, for the
foreseeable future, In line with the policy of th¢ Trust.
9. Taxation
The charity is exempt from taxation on its activities because all its income is applied for
charitable purpose5.

10. Managed Fund Investments
2024
2023
Government Securities
Fixed Interest
Indexed Linked
UK Equities
Unit Trust
Property Funds
North America
Europe
Far East
Rest of World
57,113
221,295
198,675
21,066
489.31
193.234
132,814
78,953
27,720
175,538
356,224
464,659
192,856
104,633
91.277
32.310
184.483
378.154
1,726.780
1,673,535
io-