2020-12-31-accounts - The Eton Fives Charitable Trust

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RESERVES POLICY The Trustees have considered the requirements for free reserves which are those unrestricted funds not designated for specrfic purposes or otherwise committed. The Trustees consider that they should be suffioent to cover at least the next twonhree years of chantable expenditure. At that level, the Trustees believe they could continue the activities of the charity in the event of a significant drop in funding, and to respond to appli¢*ions for grants bvhich anse from time to time. INVESTMENT POLICY The Trust Deed includes powers to invest. RISK MANAGEMENT The Trustees have examined the major strategic, business and operational risks wthich the charity fas, and confim that systems have been established to review these risks and ensure steps can be taken to lessen these risks. A detailed risk assessment has been completed which was approved by the Trustees at their meeting on 21 March 2019. STATEMENT OF THE TRUSTEES. RESPONSIBILITIES The Trustee5 have responsibilty to ensure that the purposes for which the charity was established are carried out,. the funds of the charity are only used for purposes permitted by the Trust Deed., activities carried out by or on behalf of the tharrty are properfy undertaken,. and proper overall control of the charlty is exercised by meeting regularly. STATUS AND APPROVAL OF ACCOUNTS The Eton Fives Charitable Trust is a recognised chanty regisleTed wilh the Charity Commission under registered number 1024381. The TnJstees' Report and Accounts were approved on 17 September 2021. Richard Dennis. Chaian Jonathan Asquith. Trustee 17 September 2021

THE ETON FIVES CHARITABLE TRUST ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020 NOTES TO THE ACCOUNTS 3. The following Grants were made durlng the year: 1.12.2020 31.12.2019 1.12.2 Elon Fives Association Coaching & Development for schools Newbury Coach Sl Olave's Holyport Rydall Cambridge Foundation Dover College Others 2,344.00 1,478.00 3,000.00 S,700.00 10,000.00 10,000.00 960.00 2,500.00 3,147.00 443.00 874.00 12,787.00 13,312.00 14,347 00 4. Income Tax recoverable is made up as follows: 31.12.2020 31.12.2019 31.12.2018 Payments made under Grfi Aid 821.75 4,333.00 2,047.00 5. Trustees, remuneration and expenses The trustees received no remuneration12019'. £nill or reimbursed expenses {2019'. £nill in th8 year. 6. Examinerfs remuneration Examiner's remuneration for the year was £400 plus vat12019 £375 + VATI.

THE ETON FIVES CHARITABLE TRUST

INDEPENDENT EXAMINER’S REPORT

Independent Examiner's Report to the trustees of the Eton Fives Charitable Trust (charity number 1024381) on the accounts for the year ended 31 December 2020, which are set out on pages 5 to 8.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in, any material respect, the requirements:

to keep accounting records in accordance with section 130 of the 2011 Act;
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

…………………………………. 5 October 2021

Paul Chamberlain MA (Oxon), FCA

Chamberlains Chartered Accountants Elm House Tanshire Park Elstead Godalming Surrey GU8 6LB