THE DORIS BOUGHTON TRUST FUND
(Registered Charity No. 210324)
REPORT AND ACCOUNTS
YEAR ENDED 5 APRIL 2025
TC GROUP
CELIXIR HOUSE
STILITFORD BUSINF.SS & TECHNOLOGY PARK
INNOVATION WAY
BANBURY ROAD
STRATFORD UPON AVON
WARWICKSHIRE
CV37 7GZ

THE DORIS BOUGHTON TRUST FUND
REPORT AND ACCOUNTS
CONTENTS
PAGE
Trustees and Advisers
Trustees and Management Committee's Report
Indep¢nd¢nt Examiners. Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
7-10

THE DORIS BOUGHTON TRUST FUND
TRUSTEES AND ADVISERS
CUSTODIAN AND
INVESTMENT ADVISOR
Evelyn Partners
103 ColmoTe Row
Bimiingham
B3 3AG
TRUSTEES
B Singh Nagra- Chaim￿l - appointed as a Trustee
on 18 October 2023 and appointed as Chairman on
17 January 2024
C M Bowden
R Sparkes
B Smart
T D Williams
A Shurvinton
KEY MANAGEMENT
K Miles
C Shaw- Administrator & Treasurer
M Wilcox - Treasurer (resigned 31107/2024)
INDEPENDENT EXAMINERS
TC Group
Celixir House
Stratford Business & Technology Park
Innovation Way
Banbury Road
Stratford upon Avon
Warwickshire
CV37 7GZ
BANKERS
Barclays Bank plc
I Churchill Place
L¢icester
LE87 2BB
ADDRESS:
39 Admington Drive
Hatton Park
Warwick
CV35 7TZ

THE DORIS BOUGHTON 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 2025. The financial statements have been prepared in accordance with the
accounting policies set out on pag¢ 7 and comply with the Trust Deed, the Charities Act 2011
and"(FRS 102)" AcwulltÈng and Reportiug by Charities: Statement of Recommended Practice
applicable to charities prep&ing their accounts in accordance the Financial Rq)orting
Standard applicable in the UK and Republic of Ireland effectiv¢ l January 2019.
Structure, Governance and Management
The Fund was established by Trust Deed on 26 September 1949 and is governed by the Trust
Deed between Edward Bishop Boughton and Barclays Bank TTUSt Company Limited the
Custodian Trustee. On 6 September 2001, 8 January 2014 and on 20 April 2015, the Charity
Commissioners approved a scheme to amend the original Tn￿t Deed Éo reflect the future
structure of the Trust and discharge BarLlays Bank Trust Company Limited from its t￿￿teeshIp
appointing the members of the existing Conunittee in their place.
Public BenefRt
The tnLStees confimi they have complied their duty und¢T section 4 of the Charities Act
201 l Èo have due Tegard to the CharÈty Con]mission's general guidance on public benefit.
Objectives and Aetivities
To maximise the income to the Fund to give financial assistance to employees and ex
employees (including their dependants) of Whitn&sh PLC (fomierly Automotiv¢ Products
PLC} together with the continuing businesse5 which 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 Tn￿teeS have given consideration to the Charity
Commission's general guidance on public benefit when reviewing Éts aims and objectives.
Aehievements and Perforniance
Grants totalling £29,715 were made to 32 beneficiaries during the year (2024.. £24,500 to 40
benefickaries).
Financial Review
Thc Statement of Financial Activities on page 5 shows net outgoing resources for the year of
£2,773 (2024 net incoming £9,620). The change in the value of the Fund due to recognised
losses on investments during the year was £77,207 (2024 recognised gains £54,724) making
the total net movement in th¢ year a decrease the Fund's assets of £79,980 (2024: increase
of £64,344).
Investment Report aud Perforniance
The Investment Managers aim to manage the funds so that they geneTate suffi¢ient income
from the it]vestments to maintain current benefits whilst also n￿IntainIng the Teal long-term
value of the investments to support the payment of future benefits. The investment income
for the year deereased by £4.500 (7.65 /0} due to the general decrease in dividends and
int¢￿st rates in the year. The value of the investments fell by £1 01,199 to £1,625,58 Iwhich
was a slight underperformance compared to the bencbmarks used by the investment
MI￿agCr$. The trustees are now meeting annuakly with the investment managers to review
investment str>Ltegy and make any changes as deemed necessary to improve overall
perforniance whilst mitigating risk.

THE DORIS BOUGHfoN TRUST FUND
REGISTERED CHARITY IYO. 210324
TRUSTEES, ANNUAL REPORT
Reserves Policv
It is the policy of the Clwity to n￿IntrIn un¥estri¢ted funds at a level which provides sufficlent
funds to Cover n￿nagement and adrninistration and support costs to respond to applications for
grants. Unrestricted fi￿dS were matntained at this level throughout the year.
Responsibility of the Trustees in relation to the financial statements
The Charity trustees are responsible for preparing a trustees, annllal report alld financial
statements in accordance with applicable law and Unrted Kingdom Accounting Standards.
The law applicable to charities in England and Wales requires the trusteels) to prepare financial
statements for each financial year which give a true and fair view of th¢ ¢h8rity'S financial
activities during the year and of its financial position at the end of the year. In preparing
financial statements giving a tru¢ and fair view, the trustees should follow best practice 8nd:
select suitable accounting policies and then apply them consistently.
observe the methods and principles Én the applicable Charities SORP.
make judgements and estimates that are reasonable and pnjdent.
state whether applicable accounting standards have been followed, subject to any
material departUTes that must be disclosed and explained in the financial statements.
prepare the fin3￿CIal statements on the going concern basis unless it is inappropriate
to presume that the charity will continu¢ in operation.
The trustees are responsible for keeping accounting records that disclose Npith 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 applkcable Charities (Accounts
and Reports) Regulations and the PTovisions of the trust deed. They are also responsible for
safegu8rdÈng the assets of th¢ charity and taking reasonable steps for the pre￿entIOn and
detection of fraud and other irregularities.
Approved by th¢ Trustees and signed on th¢ir behalf by..
Signed..
B SINGH NAGRA
Chairman
Approved by the Trnstees on..
Dat¢:

INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES
OF THE DORIS BOUGHTON TRUST FUND
I ieport to the charity trustees on my examination of the accounts of the charity for the year
ended 5 April 2025 which are set out on pages 5 to 10.
Responsibilities and basis of report
As the charity's trustees you are responsible for the Preparation of the accounts in accordance
with th¢ requirements of the Charities Act 2011 ('the Act,).
I rep)rt in respect 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
given by the Charity Commission under section 145(5)(b) of the Act.
The charity's trustees consider that an audit is not iequired for Ihis year undeT section 144 of
the Act and that an independent examination As needed.
Independent examiners, statement
Your attention is dra￿} to the fact that the ¢haTity has prepared financial statements in
accordanee with Accounting and Reporting by Charities preparing their ac¢oLmts in accordance
with the Financial Reporting Standard applicable in the UK alld Republic of Ireland (FRS102)
in preference to the Accounting 2nd Reporting by Clwities: Staternent of Recommended
Practice issued on l April 2005 which is referred to in the extant regulations but has now been
withdrawn.
l understand that this h&$ been done in ordeT for financial statements to provide a trne 8nd fair
view in accordance with Generally Accepted Accounting Practice effective for reporting
periods beginning on or after l January 2015.
I have completed rny examination. I confiL7n that no material matters have come to my attention
in connection with the examination giving me eause to believe that kn any material respect..
accounting records were not kept in respect of tbe charity as required by section 130 of
the ACÉ- or
2. the accounts do not accord with those records" or
3. the accounts do not comply with the applicable requirements concerning the fonn and
content of accounts set out in the CILarities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'tru¢ and fair view, which is Thot a
matter considered as part of an independent examination.
I have no concerns and have come acTOSS no other matters in connection with the examination
to which attention should be dra￿Tr this report in order to enable a PToper understanding of
the accounts to be r¢ached.
Zs
Certificate Date............ ................
TC Group
Celixir House
Stratford Business & TeCTr￿0￿0gY PaTk
I￿0VatiOn Way: Banbury Road
Stratford upon Avon, Warwickshire
CV37 7GZ

THE DORIS BOUGHTON TRUST FUND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2025
2025
2024
Notes
Ineoming Resources
Investment Income
54,327
58,827
lThterest re¢¢xved
495
39
Total Income
54,822
58,866
Resources Expended
Investment Management Costs
Charitsble Activtti¢s
Governance Costs
12,554
29,715
15,326
11,770
24,500
12,976
Total Expenditure
57,595
49,246
Net incomel(expenditure) before
investment gain5 and losses
(2.773)
9,620
Profit l (Loss) on sales of Investments
Gains/(losses) on Invcstments
17,508
(94.715)
(8,235)
62,959
Net Movement in Funds
(79,980)
64,344
Reconciliation of funds..
Total funds brought forward as at 6 April 2024
1,759.664
1,695,320
Total fimds carried fonvard as at 5 April 2025
1,679,684
1,759,664
The notes on pages 7 to l O fonn part of these accounts.

THE DOIUS BOUGHTON TRUST FUM)
BALANCE SHEET AS AT 5 APRIL 2025
2025
2024
Notes
FIXED ASSETS
Managed Fund Investments -
1,625.581
1,726.780
CURRENT ASSETS
Cash at Bank
65,828
42.828
65,828
42,828
CREDITORS:
Amounts falling due within one year
11,725
9,944
NET CURRENT ASSETS
54.103
32.884
NET ASSETS
1,679,684
1,759,664
FUNDS OF THE CHARITY
Unrestricted Funds
1,679,684
1,759,664
Approved by the Committee on 23
(Chainnan)
. (Tr¢asuT¢I)
B SINGH NAGRA
C SHAW

THE DOIUS BOUGHTON TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
BasK$ of Accounting
The financial %t2teTnents have been prepared in accoTdance with the ChaTity'S Trust
Deed, the Charilies Act 201 I, FRS 102 "The Financial Reporting Standard applicable
in the UK and Republtc of Ireland"("FRS102") and the Charili¢s SOIiP "Accounting
and Reportkng by Charities: Statement of Recommended Practice applicable to ch&ities
preparing their accounts in accordance with the Financial Rcporting Standard
applicable in the UK and Republic of ITeland (FRS 102)" (effective l January 2019).
The charity is a Public Benefit Entity as detEned by FRS 102.
Thc financial ststements have been prepared under the historical cost convention with
the exception that investments are included at market value.
The clwity constitutes a public benefit entity as defined by FRSI 02.
The trustees consider that th¢re are no material uncertainties about the TNst's ability to
conlinue as a going concem.
Accounting PolicÉes
a) Incoming Resources
All incomillg resources are recognised once the Charity has ent7tlementto the resources,
it is certain that the resources will be received, and the monetary value of incoming
resources can be measured with sufficient reliability.
b) Resources Expended
Expenditure is recognised on an a¢cntal basis as a liability is incurred.
Expenditure includes irr¢¢ov¢rnbl¢ VAT and is reported as part of the expenditure to
which it relates.
Grants payable aTe payments made to third parties in the furtherance of the charitable
objectives of the Trust. The grants are only recognised in the account5 when a
committnent has been made and there are no conditions to be met relatÈng to the grant
which ren￿1n in the Charity'5 control.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.
e) Fixed Asset Investments
Investmcnts are stated at market value as at the Balance Sheet date. The statement of
fInanei21 activities includes the net gains attd losses arislng on revaluation and
disposals throughout the year.
d) Realised Gains and Losses
All gains and loss¢s aTe taken to the statement of financial activities as they arise.
Realised gains and Ios8es on investtnents are calculated as the diffeT¢nc¢ between saje
proceeds and opening market Viilue (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 ILnrealised
gains are not separated in th¢ Statement of Fknancial Activkties.

THE DORIS BOUGHTON TRUST FUND
Tr40TES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
(ConliF7ued)
¢) Charltable Funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance
of their charitsble activities.
3. Charitable Aetivitkes
2025
2024
Grants of financial assistance to individuals
29,715
24,500
4. Analysis of Governance Costs
2025
2024
Salaries & National Insurance
Independent Examiners, Fee
Accountancy
Stationery and Postage
Professional Fee
Other admin Expenses
12,150
1,069
1,559
iio
10.431
907
1,368
59
438
211
15326
12,976
S. Trustees, Remuneration and Related Party Transactions
The following Key Management received salaries and expenses during the year.
2025
2024
Salaries:
M Wilcox
C Shaw
D Reatb
1.518
10,059
309
3,53E
6,900
11,886
10,431
2025
2024
Expenses..
C Shaw
M Wilcox
138
137
109
275
109
No otheT Key Management OT Trustees received remuneration OT expenses. The averag¢
number of employees dwing the year was 2 (2024: 2).

THE DORIS BOUGHTON TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APIUL 2025
(Conlinued)
6. Fixed Asset Investments
2025
2024
Market Value 6 April 2024
Add.. additions to investments at cost
Less: disposals at m8Tket value
Add.. net gairL I(loss} on revaluation
1,726.780
593,171
(599,655)
(94,715)
1,673,535
59,814
(69,528)
62.959
Market Value 5 April 2025
1,625,581
1,726,780
Historical Cost of Manag¢d Fund Inv¢stm¢nts £ 1,591,606
£ 1,425,730
The Trustees have given the Investment Advisers responsibility for the Management of the
InvestmenÈ Portfolio in accordance wtth an investment approach agreed by the trust¢¢s.
7. Creditors
2025
2024
Amounts falling due within one year:
Accruals
Payroll Tax
11,163
562
9,503
441
J 1,725
9,944
8. ReveDue Reserves
The funds recognised as Revenue Reserves at 5 April 2025 were £163,819 (2024..
£158,083) and it is confirmed that there are sufficienl funds available to cover fluctuating
levels ofrequests for support, which may exceed a single year's incorne, for the
foreseeable future, in line with the policy of the Trust.
9. Taxation
The charity is exempt from laxation on its activities because all its income is applied fo
Ch￿itable purp)s¢s.
10. Managed Fund Investments

2025
2024
Government Securities
Fixed Interest
Indexed Linked
UK Equities
Unit Trust
Property Funds
North America
Europe
Far East
Rest of World
189.612
166,010
57.113
221.295
246,792
47,013
116,624
248,081
74,132
150,661
386,656
464.659
192,856
104.633
91,277
32,310
184,483
378,154
1,625,581
1,726,780
io-