IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.5.23 30.4.24 30.4.24 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 Small companies regime for accounts Full Charities SORP true true true true false true true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035274452023-04-30035274452024-04-30035274452023-05-012024-04-30035274452022-04-30035274452022-05-012023-04-30035274452023-04-3003527445ns0:CharitableCompanyLimitedByGuarantee2023-05-012024-04-3003527445ns15:PoundSterling2023-05-012024-04-3003527445ns0:Trustee22023-05-012024-04-3003527445ns0:Trustee32023-05-012024-04-3003527445ns0:Trustee42023-05-012024-04-3003527445ns0:Trustee52023-05-012024-04-3003527445ns0:Trustee62023-05-012024-04-3003527445ns0:Trustee72023-05-012024-04-3003527445ns0:Trustee82023-05-012024-04-3003527445ns0:Trustee92023-05-012024-04-3003527445ns0:Trustee102023-05-012024-04-3003527445ns0:Trustee112023-05-012024-04-3003527445ns0:Trustee122023-05-012024-04-3003527445ns0:Trustee132023-05-012024-04-3003527445ns0:Trustee142023-05-012024-04-3003527445ns0:Trustee152023-05-012024-04-3003527445ns0:Trustee12023-05-012024-04-3003527445ns0:Trustee162023-05-012024-04-3003527445ns11:FRS1022023-05-012024-04-3003527445ns11:IndependentExaminationCharity2023-05-012024-04-3003527445ns11:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003527445ns11:FullAccounts2023-05-012024-04-3003527445ns11:CharitiesSORP2023-05-012024-04-3003527445ns16:EnglandWales2023-05-012024-04-3003527445ns11:RegisteredOffice2023-05-012024-04-3003527445ns11:CompanySecretary12023-05-012024-04-3003527445ns0:TotalUnrestrictedFunds2023-05-012024-04-3003527445ns0:TotalRestrictedIncomeFunds2023-05-012024-04-3003527445ns0:Activity82023-05-012024-04-3003527445ns0:Activity8ns0:TotalUnrestrictedFunds2023-05-012024-04-3003527445ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-05-012024-04-3003527445ns0:Activity82022-05-012023-04-3003527445ns0:TotalUnrestrictedFunds2023-04-3003527445ns0:TotalRestrictedIncomeFunds2023-04-3003527445ns0:TotalUnrestrictedFunds2024-04-3003527445ns0:TotalRestrictedIncomeFunds2024-04-3003527445ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-04-3003527445ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2024-04-3003527445ns10:WithinOneYear2024-04-3003527445ns10:WithinOneYear2023-04-3003527445ns10:PlantMachinery2023-05-012024-04-3003527445ns10:MotorVehicles2023-05-012024-04-300352744522023-05-012024-04-300352744532023-05-012024-04-3003527445ns10:OwnedAssets2023-05-012024-04-3003527445ns10:OwnedAssets2022-05-012023-04-3003527445ns0:TotalUnrestrictedFunds2022-05-012023-04-3003527445ns0:TotalRestrictedIncomeFunds2022-05-012023-04-3003527445ns0:Activity8ns0:TotalUnrestrictedFunds2022-05-012023-04-3003527445ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-05-012023-04-3003527445ns10:PlantMachinery2023-04-3003527445ns10:FurnitureFittings2023-04-3003527445ns10:MotorVehicles2023-04-3003527445ns10:FurnitureFittings2023-05-012024-04-3003527445ns10:PlantMachinery2024-04-3003527445ns10:FurnitureFittings2024-04-3003527445ns10:MotorVehicles2024-04-3003527445ns10:PlantMachinery2023-04-3003527445ns10:FurnitureFittings2023-04-3003527445ns10:MotorVehicles2023-04-3003527445ns10:WithinOneYear2023-05-012024-04-30
REGISTERED COMPANY NUMBER: 03527445 (England and Wales)
REGISTERED CHARITY NUMBER: 1151273

















Trustees' Report and

Unaudited Financial Statements

for the Year Ended 30 April 2024

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 2024




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 2024


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 2024. 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
The Schools Championships took place at Repton in March 2024 on the 12 refurbished courts for the first time in a long time. Qualifying tournaments for it were played from January at various venues. The overall entry was about 530 pairs. The annual dinner took place at the RAF Club in London.

Advanta Wealth Management kindly maintained their 6th year of sponsorship of £25,000 per annum which was largely used to help pay for the manager of the Fivestar Project among other things.

A coach was maintained at Westway Sports Centre to ensure the local schools remained playing but there was no grant from John Lyon's Trust. The courts at Emanuel School were built on by the school. Those at Eton were refurbished and a Fives Centre on two floors was created between the courts which will provide for screening of matches, a meeting place, office for the coach etc thanks to the Michael Constantinidi legacy. £2,500 continued to be granted by the Jesters Club to help young players transition from school to adult fives.

The FiveStar development project was funded by the Eton Fives Charitable Trust (EFCT) and EFA sponsorship money. £107,000 was raised towards 3 new courts at Holyport which are now under construction. Eton gave one court and major donors another. The EFA Centenary year preparations are underway. The year was launched on 1 May 2024. A highlight will be a dinner at Lords in October. An Appeal for the Centenary Year has been established. Arrangements are in hand to bring the courts at Stowe back into more use. Also Fives at St Bees, Wrekin and Rydal is doing well. Further efforts are being made to find a cheaper method of court building and establish more coaches for the game.

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 2024

FINANCIAL REVIEW
Financial position
The Statement of Financial Activities on page 6 shows total incoming resources of £131,043 (2023 - £176,489), before net gains on investments, and net outgoing resources of £126,944 (2023 - £172,124) 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 £86,710 (2023 - £71,658) which are held to cover future outgoings and provide resources for future grants for court building and coaching.

Restricted funds stand at £Nil (2023 - £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 2024

Trustees
M J Chinery Chairman appointed 26.09.23
M P Powell Treasurer
A J Barnes
M J Beard appointed 26.09.23
A P W Bishop
C E M Cooley
C J Davies resigned 26.09.23
J R Ho resigned 26.09.23
A C Lumbard
E K Scoones appointed 26.09.23
S Tailor
C M B Williams appointed 26.09.23
H M E Wiseman
R K L Wood
S A Woolfries



President

R N L Black

Vice Presidents

R P F Barber
P R Bowden
C J Davies appointed 26.09.23
R A Dennis
M R Fenn
R M Knight
G Stringer
J D C Vargas
A R Wagg
D Whitehead
P S J Worth

Patron

Sir Ian Davis

Company Secretary
G J Hoskins


The Eton Fives Association Limited (Registered number: 03527445)

Trustees' Report
for the year ended 30 April 2024


REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
D C Blofield
WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

Bankers
Lloyds Bank Plc
75 Castle Street
Farnham
GU9 7LT

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 8 September 2024 and signed on its behalf by:





M J Chinery - 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 2024.

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

WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

8 September 2024

The Eton Fives Association Limited

Statement of Financial Activities
for the year ended 30 April 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 35,410 31,538 66,948 117,499

Other trading activities 2 58,510 2,114 60,624 56,546
Investment income 3 3,463 8 3,471 2,444
Total 97,383 33,660 131,043 176,489

EXPENDITURE ON
Raising funds
Other trading activities 23,644 2,500 26,144 45,392
Investment management costs 4 1,167 - 1,167 1,139
24,811 2,500 27,311 46,531

Charitable activities
Grants - - - 1,500

Other 46,203 53,430 99,633 124,093
Total 71,014 55,930 126,944 172,124

Net gains/(losses) on investments 10,953 - 10,953 (4,234 )

NET INCOME/(EXPENDITURE) 37,322 (22,270 ) 15,052 131
Transfers between funds 14 (22,270 ) 22,270 - -
Net movement in funds 15,052 - 15,052 131

RECONCILIATION OF FUNDS
Total funds brought forward 71,658 - 71,658 71,527

TOTAL FUNDS CARRIED FORWARD 86,710 - 86,710 71,658

The Eton Fives Association Limited (Registered number: 03527445)

Statement of Financial Position
30 April 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 1,266 - 1,266 1,666

CURRENT ASSETS
Stocks 10 6,815 - 6,815 8,444
Debtors 11 37,585 13,042 50,627 45,773
Investments 12 129,156 - 129,156 115,759
Cash at bank 13,604 83,621 97,225 21,578
187,160 96,663 283,823 191,554

CREDITORS
Amounts falling due within one year 13 (101,716 ) (96,663 ) (198,379 ) (121,562 )

NET CURRENT ASSETS 85,444 - 85,444 69,992

TOTAL ASSETS LESS CURRENT LIABILITIES 86,710 - 86,710 71,658

NET ASSETS 86,710 - 86,710 71,658
FUNDS 14
Unrestricted funds 86,710 71,658
TOTAL FUNDS 86,710 71,658

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 2024


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 8 September 2024 and were signed on its behalf by:





M J Chinery - Trustee

The Eton Fives Association Limited

Notes to the Financial Statements
for the year ended 30 April 2024

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 2024

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
2024 2023
£    £   
Sponsorships 27,360 16,846
Revenue from goods and events 16,262 20,840
Coaching fees and playing income 720 635
Competition entry fees 16,282 18,225
60,624 56,546


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2024

3. INVESTMENT INCOME
2024 2023
£    £   
Bank interest receivable 725 106
Interest from HMRC on Gift Aid 46 31
Income from UK listed investments 2,700 2,307
3,471 2,444

4. INVESTMENT MANAGEMENT COSTS
2024 2023
£    £   
Investment management fees 1,167 1,139

5. NET INCOME/(EXPENDITURE)

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

2024 2023
£    £   
Depreciation - owned assets 1,000 1,000
Independent examination fees 1,590 1,470

Net gains/(losses) on investments

2024 2023
£ £
Unrealised gains/(losses) on valuation 10,953 (4,234 )






The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2024

6. TRUSTEES' REMUNERATION AND BENEFITS

Remuneration totalling £2,000 (2023 - £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:

2024 2023
Administrative 1 1
Coaching - 1
Development officers 1 2
2 4

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 31,406 86,093 117,499

Other trading activities 55,971 575 56,546
Investment income 2,426 18 2,444
Total 89,803 86,686 176,489

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

Charitable activities
Grants - 1,500 1,500

Other 41,907 82,186 124,093

The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2024

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£    £    £   
Total 74,605 97,519 172,124

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

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

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

TOTAL FUNDS CARRIED FORWARD 71,658 - 71,658

9. TANGIBLE FIXED ASSETS
Fives
ball
mould and
court
Marquee Trophies plans Totals
£    £    £    £   
COST
At 1 May 2023 2,819 228 4,002 7,049
Additions - - 600 600
At 30 April 2024 2,819 228 4,602 7,649
DEPRECIATION
At 1 May 2023 2,819 228 2,336 5,383
Charge for year - - 1,000 1,000
At 30 April 2024 2,819 228 3,336 6,383
NET BOOK VALUE
At 30 April 2024 - - 1,266 1,266
At 30 April 2023 - - 1,666 1,666

The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2024

10. STOCKS
2024 2023
£    £   
Stocks 6,815 8,444

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,900 27,370
Other debtors 6,577 -
Prepayments 200 200
Accrued income 19,950 18,203
50,627 45,773

12. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 129,156 115,759

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

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 796 380
Other creditors 915 2,028
Pension contributions 428 417
Accrued expenses 23,323 25,865
Deferred income 172,917 92,872
198,379 121,562

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


20242023
££
Brought forward92,872107,490
Additions during the year190,03387,986
Amounts released to income during the year(109,988)(102,604)
Carried forward172,91792,872

The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2024

14. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.5.23 in funds funds 30.4.24
£    £    £    £   
Unrestricted funds
General fund 71,658 37,322 (22,270 ) 86,710

Restricted funds
5 Star Project - (22,270 ) 22,270 -

TOTAL FUNDS 71,658 15,052 - 86,710

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 97,383 (71,014 ) 10,953 37,322

Restricted funds
Westway 5,819 (5,819 ) - -
5 Star Project 23,341 (45,611 ) - (22,270 )
Newbury Project 2,000 (2,000 ) - -
Jesters 2,500 (2,500 ) - -
33,660 (55,930 ) - (22,270 )
TOTAL FUNDS 131,043 (126,944 ) 10,953 15,052


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2024

14. MOVEMENT IN FUNDS - continued

Comparatives for 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

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 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 2024

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 1.5.22 in funds funds 30.4.24
£    £    £    £   
Unrestricted funds
General fund 71,527 48,286 (33,103 ) 86,710

Restricted funds
Westway - (3,333 ) 3,333 -
5 Star Project - (32,270 ) 32,270 -
Jesters - 2,500 (2,500 ) -
- (33,103 ) 33,103 -
TOTAL FUNDS 71,527 15,183 - 86,710

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 187,186 (145,619 ) 6,719 48,286

Restricted funds
Westway 36,959 (40,292 ) - (3,333 )
5 Star Project 74,387 (106,657 ) - (32,270 )
Newbury Project 3,500 (3,500 ) - -
Jesters 5,500 (3,000 ) - 2,500
120,346 (153,449 ) - (33,103 )
TOTAL FUNDS 307,532 (299,068 ) 6,719 15,183


The Eton Fives Association Limited

Notes to the Financial Statements - continued
for the year ended 30 April 2024

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2024.

16. COMPANY LIMITED BY GUARANTEE

The company has no share capital but it is a charitable company limited by guarantee. At 30 April 2024 there were 424 (2023 - 442) individual members, 26 (2023 - 24) school members and 25 (2023 - 25) club members, each of whose liability is limited to £1.