Charity No. 1201407 SELECT LIFESTYLES CHARITABLE TRUST REPORT OF THE TRUSTEES AND UNAUDITED RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Crowe U.K. LLP Chartered Accountants Black COntry House Rounds Green Road Oldbury VV85t Midlands B69 2DG
SELECT LIFESTYLES CHARITABLE TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2023 Page Report of the Trustees Receipts and payments accounts Slalement of assets and Ilabilities Notes to the Financial Statements
SELECT LIFESTYLES CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 DECEMBER 2023 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 1201407 Prlnclpal address Select Lifestyles Ltd Select House 335-337 High Street West Bromwich West Midlands B70 8LU Trustees N. Horton (Chair) N. Kaur E. Franks J. Edmonds L. Trumpeter E. Horton Accountants Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG Page I
SELECT LIFESTYLES CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 DECEMBER 2023 The trustees present their report with the financial Statements of the charity for the period ended 310ecember 2023. The trustees have prepared the accounts on a receipts and payments basis. Structure & Recrultment of Trustees The charity is governed by a constitution of a Charitable Incorporated Organisalion whose ollly voting members are ils charity trustees. The Charity was registered on 20 December 2022. Prlnclpal Actlvitles and Objectives Select Lifestyles Charitable Trust is b2sed in the West Midlands and is dedicated to enabling and supporting the lives of vulnerable adults wilh learning disabilities and associated conditions. Main a¢livities undertaken to further the charity's purpose for the publ5¢ beneflt For Ihe public benefit, the relief of those in need, by reason of ill-heallh or disability through the provision of grants for items, services, and activities which will improve their condilions of life. Reserves Policy Select Lifestyles Charilable Trust has no paid staff or property, 80 there is no need to hold a financial reserve to cater for this. Operating Results The accounts have been prepared on a receipts and payments basis and the excess of receipts over payments for the period ended 31 December 2023 amounted to £7,058. Approved by order of the board of trustees on and signed on its behalf by.. N. Horton Trustee Page 2
SELECT LIFESTYLES CHARITABLE TRUST RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2023 Unrestrl¢ted Fund 2023 Total Funds Rec&lpts Fundraising Donations 10,176 10,461 10,176 10.461 Total Receipts L7 20 637 Payments Fundraising Bank Fees Grants 9,438 30 4,111 9,438 30 4,111 Total Payments Nel of receiplsllpaymenlsl 7,058 7,058 Transfer CASH FUNDS AT 20 DECEMBER 2022 CASH FUNDS AT 31 DECEMBER 2023 The not8s form part of these receipts and payments accounts Page 3
SELECT LIFESTYLES CHARITABLE TRUST STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2023 Unrestricted Fund 2023 Cash Funds Cash al Bank The receipts and payments accounls were approved by the Board of Trustees on 2nd were signed on its behalf by-. orton Trustee Page 4
SELECT LIFESTYLES CHARITABLE TRUST NOTES TO THE RECEIPTS AND PAYMENTS FOR THE PERIOD ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES The accounts have been prepared on a receipts and payments basis. Basis of preparation Select Lifestyles Charitable Trust is a charity governed by a constitution of a Charitable Incorporated Organisation whose only voting members are its charity trustees. 11 has no share capital. The registered office is Select Lifestyles Ltd, 335-337 High Street, West Bromwich, 870 8LU. Its principal activities are to enable and support the lives of vulnerable adults with learnin9 disabilities and associated conditions. Income All inGome is recognised in Receipts and Payments once the charity has received funds. Expenditure All payments are recognised in the Receipts and Payments Accounts when it is paid. Taxation The charity is exempt from lax on its charitable activities. Fund accounting General funds 8re unrestricted fLfnds which are available for use 8t the discretlon of the Trustees in furtherance of the general oblectives of the charity and which have not been designated for other purposes. STAFF COSTS, TRUSTEES. REMUNERATION AND BENEFITS There were no employees during the year or prior year. There have been no remuneration or expenditure paid to the trustees during the year or prior year. No employee received remuneralion amounting to more than £60,000 for the period. Page 5
SELECT LIFESTYLES CHARITABLE TRUST NOTES TO THE RECEIPTS AND PAYMENTS- CONTINUED FOR THE PERIOD ENDED 31 DECEMBER 2023 FUNDS ANALYSIS Income Expenditure Balan¢9 3111212023 Unrestricted Funds General Funds Total UnrestriGted Funds Total Funds Page 6