IRIS Accounts Production v23.2.0.158 Other Company accounts True false Pounds 1.5.22 30.4.23 30.4.23 FY A P W Bishop R N L Black L G Brock C M Hughes Ms A C Lumbard M P Powell H M E Wiseman S A Woolfries R P F Barber R S R Pattison Ms C E M Cooley C J Davies J R Ho S Tailor M J Chinery R K L Wood FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035274452022-04-30035274452023-04-30035274452022-05-012023-04-30035274452021-04-30035274452021-05-012022-04-30035274452022-04-3003527445ns22:CharitableCompanyLimitedByGuarantee2022-05-012023-04-3003527445ns15:PoundSterling2022-05-012023-04-3003527445ns22:Trustee22022-05-012023-04-3003527445ns22:Trustee32022-05-012023-04-3003527445ns22:Trustee42022-05-012023-04-3003527445ns22:Trustee52022-05-012023-04-3003527445ns22:Trustee62022-05-012023-04-3003527445ns22:Trustee72022-05-012023-04-3003527445ns22:Trustee82022-05-012023-04-3003527445ns22:Trustee92022-05-012023-04-3003527445ns22:Trustee102022-05-012023-04-3003527445ns22:Trustee112022-05-012023-04-3003527445ns22:Trustee122022-05-012023-04-3003527445ns22:Trustee12022-05-012023-04-3003527445ns22:Trustee132022-05-012023-04-3003527445ns22:Trustee142022-05-012023-04-3003527445ns22:Trustee152022-05-012023-04-3003527445ns22:Trustee162022-05-012023-04-3003527445ns11:FRS1022022-05-012023-04-3003527445ns11:IndependentExaminationCharity2022-05-012023-04-3003527445ns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-05-012023-04-3003527445ns11:FullAccounts2022-05-012023-04-3003527445ns11:CharitiesSORP2022-05-012023-04-3003527445ns16:EnglandWales2022-05-012023-04-3003527445ns11:RegisteredOffice2022-05-012023-04-3003527445ns11:CompanySecretary12022-05-012023-04-3003527445ns22:TotalUnrestrictedFunds2022-05-012023-04-3003527445ns22:TotalRestrictedIncomeFunds2022-05-012023-04-3003527445ns22:Activity82022-05-012023-04-3003527445ns22:TotalUnrestrictedFundsns22:Activity82022-05-012023-04-3003527445ns22:Activity8ns22:TotalRestrictedIncomeFunds2022-05-012023-04-3003527445ns22:Activity82021-05-012022-04-3003527445ns22:TotalUnrestrictedFunds2022-04-3003527445ns22:TotalRestrictedIncomeFunds2022-04-3003527445ns22:TotalUnrestrictedFunds2023-04-3003527445ns22:TotalRestrictedIncomeFunds2023-04-3003527445ns22:TotalUnrestrictedFundsns6:WithinOneYear2023-04-3003527445ns22:TotalRestrictedIncomeFundsns6:WithinOneYear2023-04-3003527445ns6:WithinOneYear2023-04-3003527445ns6:WithinOneYear2022-04-3003527445ns6:PlantMachinery2022-05-012023-04-3003527445ns6:MotorVehicles2022-05-012023-04-300352744522022-05-012023-04-300352744532022-05-012023-04-3003527445ns6:OwnedAssets2022-05-012023-04-3003527445ns6:OwnedAssets2021-05-012022-04-3003527445ns22:TotalUnrestrictedFunds2021-05-012022-04-3003527445ns22:TotalRestrictedIncomeFunds2021-05-012022-04-3003527445ns22:TotalUnrestrictedFundsns22:Activity82021-05-012022-04-3003527445ns22:Activity8ns22:TotalRestrictedIncomeFunds2021-05-012022-04-3003527445ns6:PlantMachinery2022-04-3003527445ns6:FurnitureFittings2022-04-3003527445ns6:MotorVehicles2022-04-3003527445ns6:FurnitureFittings2022-05-012023-04-3003527445ns6:PlantMachinery2023-04-3003527445ns6:FurnitureFittings2023-04-3003527445ns6:MotorVehicles2023-04-3003527445ns6:PlantMachinery2022-04-3003527445ns6:FurnitureFittings2022-04-3003527445ns6:MotorVehicles2022-04-3003527445ns6:WithinOneYear2022-05-012023-04-30
REGISTERED COMPANY NUMBER: 03527445 (England and Wales)
REGISTERED CHARITY NUMBER: 1151273

















Trustees' Report and

Unaudited Financial Statements

for the Year Ended 30 April 2023

for

The Eton Fives Association Limited
(A Company Limited by Guarantee)

The Eton Fives Association Limited






Contents of the Financial Statements
for the year ended 30 April 2023




Page

Trustees' Report 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Statement of Financial Position 7 to 8

Notes to the Financial Statements 9 to 18

The Eton Fives Association Limited (Registered number: 03527445)

Trustees' Report
for the year ended 30 April 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement 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 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The Eton Fives Association was set up to promote community participation primarily in the sport of Eton Fives and such other amateur sports as the trustees shall determine. The charity provides or assists in the provision of facilities for the playing of Eton Fives.

The charity also aims to advance physical education of young persons by assisting in the facilities for the playing and learning of Eton Fives in schools and universities.

Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
Play more or less returned to normal in 2022/23 after 2 years of play affected by the COVID-19 pandemic. The Schools Championships took place at Shrewsbury in March 2023 with qualifying tournaments played from January, the overall entry was about 600 pairs. All except one adult competitions were played and achieved a good number of entries. The annual dinner resumed at the RAC Club.

Advanta Wealth Management kindly maintained their 5th year of sponsorship of £25,000 per annum. £10k of which was spent on paying for the staff on the Fivestar Project and £3k on ensuring the Westway project continued into 2023.

The full time coach at Westway Sports Centre was maintained up to the end of December 2022 funded 3/5ths by UK Wallball and 2/5ths by the Eton Fives Charitable Trust (EFCT)/EFA and the Jesters Club along with holiday camps. The important research, originally funded by the Oppenheimer Generation Fund, continued into implications of the self-advocacy in a sport with no referee, establishing a link between Fives and cricket etc. webinar for best practice for coaching, developing a coaching course etc. continued with a grant from the EFCT as part of the FiveStar project. Also £2,500 continued to be granted by the Jesters Club to help young players transition from school to adult fives.

The FiveStar development project received donations from individuals, the EFCT, EFA sponsorship money and from money left over from a previous generous donor and was able to continue funding two individuals. Efforts continue to be made with fund raising, facilitating new courts at state schools, in particular, Holyport near Maidenhead for which there is planning permission, and planning ahead for 2024 Centenary events.

Reports on tournaments and Fives events past and present are accessible on the website www.etonfives.com along with a host of other material about the activities of the EFA.


The Eton Fives Association Limited (Registered number: 03527445)

Trustees' Report
for the year ended 30 April 2023

FINANCIAL REVIEW
Financial position
The Statement of Financial Activities on page 6 shows total incoming resources of £176,489 (2022 - £200,764), before net gains on investments, and net outgoing resources of £172,124 (2022 - £202,143) for the year.

Investment policy and objectives
Funds are invested with Advanta Wealth Management and this policy is reviewed annually.

Reserves policy
Unrestricted funds stand at £71,658 (2022 - £71,527) which are held to cover future outgoings and provide resources for future grants for court building and coaching.

Restricted funds stand at £Nil (2022 - £Nil) which are held to cover future outgoings and provide resources for future grants for court building and coaching.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as a company limited by guarantee.

Recruitment and appointment of new trustees
The charity's board has the power to appoint any persons to be a trustee of the charity. Trustees appointed during the year and new trustees are ratified at the Annual General Meeting.

Organisational structure
The Board of Trustees oversee the operation of the charity assisted by a small management and administration team.

Financial risk management objectives and policies
The trustees review the finances and associated risks at each trustees' meeting.

Trustees and Directors
The trustees and the directors are the group of people charged with the governance of the charity. During the year no trustee or director had any significant financial interest in the charity.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03527445 (England and Wales)

Registered Charity number
1151273

Registered office
45 Sandhills Crescent
Solihull
West Midlands
B91 3UE


The Eton Fives Association Limited (Registered number: 03527445)

Trustees' Report
for the year ended 30 April 2023

Trustees
C J Davies Chairman
M P Powell Treasurer
A P W Bishop
M J Chinery
C E M Cooley appointed 27 September 2022
J R Ho
J S C Hutcheson resigned 27 September 2022
A C Lumbard
E K Scoones resigned 27 September 2022
S Tailor
C M B Williams resigned 27 September 2022
H M E Wiseman
R K L Wood
S A Woolfries
A J Barnes appointed 27 September 2022





President

R N L Black

Patron

Sir Ian Davis

Company Secretary
G J Hoskins

Independent Examiner
D C Blofield
Caerwyn Jones
Chartered Accountants
Emstrey House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

Bankers
Lloyds Bank Plc
75 Castle Street
Farnham
GU9 7LT


The Eton Fives Association Limited (Registered number: 03527445)

Trustees' Report
for the year ended 30 April 2023

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 26 September 2023 and signed on its behalf by:





C J Davies - Trustee

Independent Examiner's Report to the Trustees of
The Eton Fives Association Limited

Independent examiner's report to the trustees of The Eton Fives Association Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








D C Blofield

Caerwyn Jones
Chartered Accountants
Emstrey House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

26 September 2023

The Eton Fives Association Limited

Statement of Financial Activities
for the year ended 30 April 2023

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 31,406 86,093 117,499 138,104

Other trading activities 2 55,971 575 56,546 60,669
Investment income 3 2,426 18 2,444 1,991
Total 89,803 86,686 176,489 200,764

EXPENDITURE ON
Raising funds
Other trading activities 31,559 13,833 45,392 40,558
Investment management costs 4 1,139 - 1,139 1,230
32,698 13,833 46,531 41,788

Charitable activities
Grants - 1,500 1,500 1,667

Other 41,907 82,186 124,093 158,688
Total 74,605 97,519 172,124 202,143

Net gains/(losses) on investments (4,234 ) - (4,234 ) (5,005 )

NET INCOME/(EXPENDITURE) 10,964 (10,833 ) 131 (6,384 )
Transfers between funds 14 (10,833 ) 10,833 - -
Net movement in funds 131 - 131 (6,384 )

RECONCILIATION OF FUNDS
Total funds brought forward 71,527 - 71,527 77,911

TOTAL FUNDS CARRIED FORWARD 71,658 - 71,658 71,527

The Eton Fives Association Limited (Registered number: 03527445)

Statement of Financial Position
30 April 2023

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 1,666 - 1,666 2,666

CURRENT ASSETS
Stocks 10 8,444 - 8,444 4,748
Debtors 11 32,320 13,453 45,773 49,893
Investments 12 115,759 - 115,759 117,688
Cash at bank 18,502 3,076 21,578 38,892
175,025 16,529 191,554 211,221

CREDITORS
Amounts falling due within one year 13 (105,033 ) (16,529 ) (121,562 ) (142,360 )

NET CURRENT ASSETS 69,992 - 69,992 68,861

TOTAL ASSETS LESS CURRENT LIABILITIES 71,658 - 71,658 71,527

NET ASSETS 71,658 - 71,658 71,527
FUNDS 14
Unrestricted funds 71,658 71,527
TOTAL FUNDS 71,658 71,527

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The Eton Fives Association Limited (Registered number: 03527445)

Statement of Financial Position - continued
30 April 2023


These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 26 September 2023 and were signed on its behalf by:





C J Davies - Trustee

The Eton Fives Association Limited

Notes to the Financial Statements
for the year ended 30 April 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement 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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Marquee - straight line over 3 years
Fives ball mould and court plans - straight line over 4 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

1. ACCOUNTING POLICIES - continued

Fund accounting
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade other receivables and cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.
Financial assets are derecognised when (a) a contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires

2. OTHER TRADING ACTIVITIES
2023 2022
£    £   
Sponsorships 16,846 13,570
Revenue from goods and events 20,840 8,646
Coaching fees and playing income 635 17,979
Competition entry fees 18,225 20,474
56,546 60,669


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

3. INVESTMENT INCOME
2023 2022
£    £   
Bank interest receivable 106 30
Interest from HMRC on Gift Aid 31 -
Income from UK listed investments 2,307 1,961
2,444 1,991

4. INVESTMENT MANAGEMENT COSTS
2023 2022
£    £   
Investment management fees 1,139 1,230

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£    £   
Depreciation - owned assets 1,000 1,001
Independent examination fees 1,470 1,380

Net gains/(losses) on investments

2023 2022
£ £
Unrealised gains/(losses) on valuation (4,234 ) (5,005 )






The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

6. TRUSTEES' REMUNERATION AND BENEFITS

Remuneration totalling £2,000 (2022 - £2,000) was paid to the treasurer of the charity.

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees during the year.

Trustees' expenses

No trustee expenses have been incurred other than in the ordinary course of business.

7. STAFF COSTS

The average monthly number of employees during the year was as follows:

2023 2022
Administrative 1 1
Coaching 1 1
Development officers 2 2
Researcher - 1
4 5

No employees received emoluments in excess of £60,000.

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 33,094 105,010 138,104

Other trading activities 45,270 15,399 60,669
Investment income 1,989 2 1,991
Total 80,353 120,411 200,764

EXPENDITURE ON
Raising funds
Other trading activities 40,558 - 40,558
Investment management costs 1,230 - 1,230
41,788 - 41,788

Charitable activities
Grants 1,667 - 1,667

Other 38,274 120,414 158,688

The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£    £    £   
Total 81,729 120,414 202,143

Net gains/(losses) on investments (5,005 ) - (5,005 )

NET INCOME/(EXPENDITURE) (6,381 ) (3 ) (6,384 )
Transfers between funds (3 ) 3 -
Net movement in funds (6,384 ) - (6,384 )

RECONCILIATION OF FUNDS
Total funds brought forward 77,911 - 77,911

TOTAL FUNDS CARRIED FORWARD 71,527 - 71,527

9. TANGIBLE FIXED ASSETS
Fives
ball
mould and
court
Marquee Trophies plans Totals
£    £    £    £   
COST
At 1 May 2022 and 30 April 2023 2,819 228 4,002 7,049
DEPRECIATION
At 1 May 2022 2,819 228 1,336 4,383
Charge for year - - 1,000 1,000
At 30 April 2023 2,819 228 2,336 5,383
NET BOOK VALUE
At 30 April 2023 - - 1,666 1,666
At 30 April 2022 - - 2,666 2,666


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

10. STOCKS
2023 2022
£    £   
Stocks 8,444 4,748

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,370 26,492
Prepayments 200 200
Accrued income 18,203 23,201
45,773 49,893

12. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 115,759 117,688

The investments, which are listed on a recognised stock exchange, are now stated at market value.

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 380 2,760
Social security and other taxes - 562
Other creditors 2,028 2,588
Pension contributions 417 890
Accrued expenses 25,865 28,070
Deferred income 92,872 107,490
121,562 142,360

Deferred income represents subscriptions and grant income received in advance and is made up as follows:


20232022
££
Brought forward107,490143,604
Additions during the year87,98653,475
Amounts released to income during the year(102,604)(89,589)
Carried forward92,872107,490

The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

14. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.5.22 in funds funds 30.4.23
£    £    £    £   
Unrestricted funds
General fund 71,527 10,964 (10,833 ) 71,658

Restricted funds
Westway - (3,333 ) 3,333 -
5 Star Project - (10,000 ) 10,000 -
Jesters - 2,500 (2,500 ) -
- (10,833 ) 10,833 -
TOTAL FUNDS 71,527 131 - 71,658

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 89,803 (74,605 ) (4,234 ) 10,964

Restricted funds
Westway 31,140 (34,473 ) - (3,333 )
5 Star Project 51,046 (61,046 ) - (10,000 )
Newbury Project 1,500 (1,500 ) - -
Jesters 3,000 (500 ) - 2,500
86,686 (97,519 ) - (10,833 )
TOTAL FUNDS 176,489 (172,124 ) (4,234 ) 131


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.5.21 in funds funds 30.4.22
£    £    £    £   
Unrestricted funds
General fund 77,911 (6,381 ) (3 ) 71,527

Restricted funds
Westway - (2 ) 2 -
5 Star Project - (1 ) 1 -
- (3 ) 3 -
TOTAL FUNDS 77,911 (6,384 ) - 71,527

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 80,353 (81,729 ) (5,005 ) (6,381 )

Restricted funds
Westway 44,636 (44,638 ) - (2 )
5 Star Project 58,835 (58,836 ) - (1 )
Oppenheimer Project 16,940 (16,940 ) - -
120,411 (120,414 ) - (3 )
TOTAL FUNDS 200,764 (202,143 ) (5,005 ) (6,384 )

The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.5.21 in funds funds 30.4.23
£    £    £    £   
Unrestricted funds
General fund 77,911 4,583 (10,836 ) 71,658

Restricted funds
Westway - (3,335 ) 3,335 -
5 Star Project - (10,001 ) 10,001 -
Jesters - 2,500 (2,500 ) -
- (10,836 ) 10,836 -
TOTAL FUNDS 77,911 (6,253 ) - 71,658

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 170,156 (156,334 ) (9,239 ) 4,583

Restricted funds
Westway 75,776 (79,111 ) - (3,335 )
5 Star Project 109,881 (119,882 ) - (10,001 )
Newbury Project 1,500 (1,500 ) - -
Oppenheimer Project 16,940 (16,940 ) - -
Jesters 3,000 (500 ) - 2,500
207,097 (217,933 ) - (10,836 )
TOTAL FUNDS 377,253 (374,267 ) (9,239 ) (6,253 )


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2023

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2023.

16. COMPANY LIMITED BY GUARANTEE

The company has no share capital but it is a charitable company limited by guarantee. At 30 April 2023 there were 442 (2022 - 450) individual members, 24 (2022 - 25) school members and 25 (2022 - 25) club members, each of whose liability is limited to £1.