Raglgtered number: 03627445
Charfty number: 1151273
THE ETON FIVES ASSOCIATION LIMITED
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
WR
Partners
Protecting your future.

THE ETON FIVES AS80CIATION LIMITED
IA Company Llmltsd by Guaranteo)
CONTENTS
Page
Reference and Admlnlstrative Detalls of the Charltablo Company, Its Trustees and
Advlsers
Trustees, Report
Independent Examlnerfs Report
Statement of Flnanclal Actlvltles
Balanc8 Sheet
10- 11
Notes to tho Flnanclal Statements

THE ETON FIVE8 ASSOCIATION UMITED
(A Company Llmlt•d by Guarant••)
REFERENCE AND ADMINISTRATIVE DETAIL8 OF THE CHARITABLE COMPANY, IT3 TRUSTEE8 AND
ADVISERS
FOR THE YEAR ENDED 30 ￿0AlL 2020
Tru8t•O9
MJ Chinery, Chairman
MP Powell, Treasurer
AJ Barnes
MJ Beard
APW Bishop
CEM Cooley
TC Leach lappolnted 1 Octt3b•r 2024)
AC Lumbard
EK Scoone8
S Tallor
RC Tyler (appolnted 1 October 2024)
CMB Willlam8
HME Wiseman (resigned 1 October 20241
RKL Wood (rosign•d 1 October 2024)
SA Woolfrles
Company reg18tored
number
03527445
Gharlty rogl8tered
numbor
1151273
Reglstered offlce
45 Sandhi118
Solihull
8913UE
Company Secretary
GJ Hoskln8
Accountants
WR Partner8
Chartered Accountants
Belmont House
Shrewsbury Buslness Park
Shrewsbury
Shropshire
SY2 6LG
Bankors
Lloyd8 Bank PIC
174 Fleet Road
Fleet
GU514DD
Prasldent
RA Denni8
Pago 1

THE ETQN FIVE8 ASSOCIATION LIMITED
IA Company Llmltad ty Quaranteel
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRU8TEes AND
ADVISERS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2028
Vlce Pre8ldents
RPF Barber
RNL Black
CJ Davies
MR Fenn
RM Knight
JP Reynolds
G Stringer
JDC Vargas
D Whltehaad
AR Wagg
HME Wiseman
PSJ Worth
Patron
Slr lan Davi8
Page 2

THE ETON FIVES ASSOCIATION LIMITED
(A Company Llmlted by Guaranteel
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 APRIL 2025
The Trustees present their annual report together with the financial slalements of the Charitable Company for
the year 1 May 2024 to 30 April 2025. The Annual Report seNes the purposes of both a Trustees, report and a
directors, report under cornpany law. The Trustees confirm that the Annual Report and financial statements of
the charitable Company comply with the current statutory requirements. the requirements of the charitable
companls governing document and the provisions of the Statement of Recommended Practice ISORPI
applicable to charitses preparing their accounts in accordance wilh the Financial Reporting Standard applicable in
the UK and Republic of Ireland {FRS1021 (effective 1 January 2019).
Since the Charitable Company qualifies as small under section 382 of the Companies Act 2006, the Strategi
Report required of mèdium and large Companies under the Corllpanies Act 2006 (Strategic Report and Directors.
Report) Regulations 2013 has been omitted.
Objectlves and actlvltles
a. Policies and objectives
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 Elon Fives.
The charity also aims to advance physical education of young persons by assisting in the facilities for the playing
and learning of Elon Fives in schools and univèrsities.
In setting objectives and planning for activities, the Trustee5 have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a
charity {PB2)'.
Achievements and performance
a. Maln achlevements of the Charitable Company
The Schools Championships took place at Shrewsbury in March 2025. Qualifying tournaments for il were played
from January al various venues. The overall &ntry was about 485 pairs. Many tournaments had bèen held and a
drinks and awards ceremony for 2023-24 tournaments had been held in May 2024.
Advanta Wealth Managem8nl kindly maintained their 7th year of sponsorship with an increase to £30,000 per
annum which was largely used to help pay for the Director of Development among other things,
The C8ntenary Year started on 1 May 2024 and a grand dinner was held at Lord lo commemorate the year. This
was attended by 241 people and include(J an auction of gifts with John Inverdale as master of ceremonies. Other
achievements in the year were the completion of the refurbishment of the courts at Elon with nèw rooves etc and
thè official opening in March of the Constantinidi Fives Centre at Eton. This is on two floors and includes meeting
and sitting rooms for players and spectators, an office for the master in charge, kitchen & toilet facilities. It has
display cabinets, can provide screening facilities and has access lo the digital archives of the EFA. The opening
was attended by the Constantinidi family. The Centenary Appeal to provide future reserves for the EFA reached
net £220.320 by 30 April 2025. Also a report on the courts at Charterhouse had been produced and a substantial
sum had been raised from one individual and Old Carthusians toward5 Opening a 9th court 8nd refurbishing 5
others at the school.
The Fivestar developmènt project came lo an end in May 2025.This was fijnded by the Eton Fives Charitable
Trust IEFCTI and EFA sponsorship money and has been effectively managed by Richard Black and Alex Knight
over the years. 3 new courts at Holyport College had been build and were officially opened in October 2024. Eton
Page 3

THE ETON FIVES ASSOCIATION LIMITED
IA Company Llmited by Guarantee}
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 APRIL 2025
Achievements and performance Icontlnuedl
paid for one court and major donors another and largely Old Etonian donors raised the rest.
Encouraging reports have been received regarding the continued development of Fives schools such as St
Bees, Wrekin and Rydal, A report had been produced by Conceptworld looking into lowering the cost of building
ourts.
Reports on toumaments 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.
Flnancial review
Financial positlon
The Statement of Financial Activities shows total incoming resourses of £420,810 (2024. £131.0431, before nel
10s5es on investments. and net outgoing resources of £190,87412024'. £126.944} for the year
Unrestricted funds sland at £308.864 at year end (2024.. £86,710). which are held to cover future outgoings and
provide resources for future grants for court building and coaching. Restricted funds sland al £Nil12024. £Nill al
the year end.
b. Reserrfes pollcy
Free reserves comprise of the unreslricled funds less any designated funds and any unrestricted fixed assets.
The free reserves figure for the year stands al £308.414 (2024: £85,444)
The Charity aims to hold reserve5 of a suitable amount to ensure il can continue to lo operate despit8
fluctuations in income. To this end the Charity has set a minumum reserve of £88.491.
c. Golng concem
After making appropriate enquiries, the Trustees have a reasonable expe¢talion that the Chantable Company
has adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continue lo adopt the going concern basis in preparing the financial statements. Further details regarding the
adoption of the going concern basis can be found in the accounting policies.
d. Inv8Stment policy and objectives
Funds are invested with Advanta Wealth Management and this policy is reviewed annually
structure, governance and management
a. Constitution
The Elon Fives Association Limited is registered in England and Wales as a charitable company limited by
guarantee and was set up by a Memorandum of Association.
Page 4

THE EfoN FIVES ASSOCIATION LIMITED
IA Company Llmlted by Guarantee)
TRUSTEES, REPORT {CONTINUEOI
FOR THE YEAR ENDED 30 APRIL 2025
structural governancé and management {Gontlnuedl
b. Methods of appolntment or elactlon of TruBtees
Tha management of the Cttarilabl8 Company is the responsibility of the Tru8teas who are electéd and co-opted
under Ihe terms of the Memorandum of Assoclation. The charity's board h88 th8 power to appolnl any persons lo
be 8 Iru8tee of the cherily, Trustees appolnl8d during the year and new trustees are ratified at the Annual
General Meellng.
c. Organl8atlonal Structure and daclslon-maklng pollcl88
The Board of Trustees oversee the operation of the charily assisted by a small managemant and admlnl8lrallon
team.
d. Flnanclal rlsk rnanagamont
The Tru81ee8 have assessed the major risk8 to which the Charflabla Company is exposed, in particular those
ralated lo the oparalions and finances of the Charitable Company, and ar6 satlsfled that gySt8ms and procedum8
are in place lo mitigat8 exposure to Ihe major r18ks.
Page 5

THE ETON FIVES ASSOCIATION LIMITED
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 APRIL 2025
Statement of Tru5tees' responsibilities
The Trustees (who are also the director8 of the Charitable Company for the purposes of cornpany lawl are
responsible for preparing the Trustees, Report and the financial slalemenls in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel.
Company18w requires the Trustees lo prepare fi'nancial slalemenls for each financial year. Under company law.
the Tru51ees musl not approve the financial slalerrenls unless they are satisfied Ihal they give a true and fair
view of the state of affairs of the Charitable Company and of ils incoming resources and application of resources,
including ils income and expenditure, foi. Ihal period, In preparing these financial slat8ment5, the Trustees aro
required lo..
select 5ullable accounting policies and Ihen apply them consislenlly..
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent.,
slate whether applicable UK Accounting Standards IFRS 1 a21 have been followed, subjecl to any material
departures disclosed and explained in the financial slalemenls,.
prepare the financial slalemenls on the going concem basis unless il is inappropriate lo presume that the
Charitable Company will continue in buslness.
The Trustees are responsible for keeping adequate accounting records Ihal are sufficient lo show and explain
the Charitable Company's transactions and disclose with reasonable accuracy al any lime the financial position
of the Charitable Company and enable them lo ensure that the finaiicial slalemenls comply with Ihe Coinpanies
Act 2006. They are also responsible IDr safeguarding the assets of the Charitable Company and hence for taking
reasonable step8 for the prevention and d81oclion of fraud and other irregularities.
Approved by order of the members of the board of Trusleeg and signed on their behalf by.
Jchinery
(Chair of Trusleesl
Dale..
Page 6

THE ETON FIVES ASSOCIATION LIMITED
IA Company Llmlted by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 APRIL 2025
Independent Examiner's Report to th8 Trustees of The Eton Fives Associatlon Limited I'the
Charltable Company'l
I report to the charity Trustees on my examination of the accounts of the Charitable Company for the year ended
30 April 2025.
Responsibllltl8s and Basls of Report
As the Trustees of the Charitable Company land ils directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
{'the 2006 Acl'l
Having satisfied myself that the accounts of the Charitable Company are not required lo be audited under Part
16 of the 2006 Act and are eligible for independent examination. I report in respect of rny examination of the
Chai'ilable Company's accounts carried out undèr section 145 of the Charities Act 2011 I'the 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission und8r section
145{5)Ibl of the 2011 Act
Independent Examlnerfs Statèment
Since the Charitable Company's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to beliève..
accounting records were not kepl in respect of the Charitable Company as required by section 386 of the
2006 Act, or
the accounts do not accord with Ihose records., or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other Ihan
any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
ars independent examination,. or
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 lapplicable lo charities preparing their
accoLtnls in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 10211.
I have no concerns and have come across no other matters in connection wth the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 7

THE EfoN FIVES A880CIATION LIMITEO
(A Company Llmlt•d by Guarnnt••)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
This report 18 made solaty to the Charitsble Companls Tru$taes, as a body, in acc¢)rdance wtth Part 4 of the
Charities (Accounts and Reports) Regulations 2008. My work has been und&rtaken 80 that S might stale to the
Charitable Company's Trustees those matt8r8 l am required to state to them in an Independent Examiner'¥
Report and for no other purpose. To the fullest extent p8rmltted by law, I do not 8cceo or assume responsibil
lo anyone other than the Charitable Company and the Charitabla Compan18 Tru8tee$ as a body, for my work or
for thls report.
Slgned..
S J Tweedle
Bsc FCA DChA
WR Partner8
Chartered Accountsnt$
8elmont House
Shrew$bury Bu81ness Park
Shrew8bury
Shropshlre
SY2 6LG
Page 8

èiè.:, u THE ETON FIVES ASSOCIATION LIMITED
l. (A Company Llrnlted by Guarantee
STATEMENT OF FINANC5AL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 30 APRIL 2025
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
26,992
292,392
17.012
80,214
4,200
319,384
17.012
80.214
4.200
66.948
17,002
43, 622
3,471
Total in¢ome
26,992
393,818
420,810
131,043
Expendlture on..
Raising funds
Charitable activities
68.500
70,319
68,500
122,374
19.213
107,731
10
62,055
Total 8xpendltu
62,066
138,819
190,874
126,944
Net (expenditurellincome before net
(lossesllgalns on Investments
Net (losses)Igains on investments
(25,0631
254,999
(7,7821
229,936
17,7821
4, 099
10,953
Net (expendlturelllncome
Transfers between funds
125.0631
25,063
247,217
125,0631
222.154
15,052
20
Net movement In funds
222,154
222,1S4
15,052
Reconciliation of funds.,
Total funds brought forward
Net movement in fvnds
86,710
222,1S4
86,710
222,154
71,658
15,052
Total funds Carried forward
308,864
308,864
86,710
The Statement of Financial Activities includes 811 gains and losses recognised in the year
The notes on pages 12 to 27 form part of these financial statements.
Page 9

THE ETON FIVE8 ASSOCIATION UMITED
Company Llmlt•d by GuarnntO•
REGISTERED NUMBER: 03527446
BALANCE 8HEET
AS AT 30 APRIL 2025
2026
2024
Note
Flxed assets
Tangible assets
15
460
1,266
480
1,266
Current a88Ots
Stocks
Debtors
Investment8
Cash at bank and in hand
16
17
18
8,344
82,047
272,418
62,986
6,815
50,627
129,156
97,225
394,274
283,823
Current Ilabllltle8
Creditor8- amounts falling due wthln one
year
19
186,8601
(198,379)
Not current a8sets I Ilabllltle•
308,414
85,444
Total as8etg1898 current Ilabllltl
308,864
86,710
Total net assets
308,864
86, 710
Page 10

THE ETON FIVE8 ASSOCIATION LIMITED
IA Company Llmlted by Guarantèe)
REGISTERED NUMBER: 03627446
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2025
2025
2024
Note
Charlty fund8
Restricted funds
Unresirlcted funds
20
20
308,864
86,710
Totsl funds
308,864
86,710
The Charflabte Company was enlilled to 8xemptlon from audit under gection 477 of the Companles Act 2006.
The members have not requlrèd the company to obtaln an audit for the year in question in 8ccordance wllh
section 476 of Companies Act 2008.
The Tru8tees acknowledge their re8ponsibilities ft)r complying with the requlremenls of the Act with respect to
accounting records and Pf8paratlon of financld statements.
The financlal slalemenls have b8en prepared In 8ccordanc8 wllh the provlsion8 appllcable to enllties subject lo
tha small companies regime.
The ft'nancial 8ts1pJnenl8 were 8pprovad and authort88d for i8sue by the Tru81ees and signed on Ihalr behalf by..
J'chlnery
(Chair of Tru81ees)
Date..
The notes an pageg 1210 27 form part of thesa linancial stalemenls.
P8ge 11

THE ETON FIVES ASSOCIATION LIMITED
IA Company Limited by Guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
General information
The Eton Fives Association is a charitable company. limited by guarantee and sel up in England and
Wales. 11 was sel up lo promote community participation primarily in the 8POrt of Eton Fives and such
otheT amaleur sports as the trustees shall determine. The charity provides or assists in the provision of
facilities for the playing of Elon Fives.
Accounling policles
2.1 Basts of preparatlon of financlal statements
The financial slalemen18 have been prepared in accordance with the Charities SORP IFRS 1 a21
Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities
preparing their accounls in acconjance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard
applScable in the UK and RepubliG of Ireland IFRS 102) and the Companies Act 2006.
The Elon Fives Association Limited meets the definition of a public benefit enlily under FRS 102.
Assets and liabilities are initially Tecognised al historical cost or transaction value unless olherwlse
8laled in the relevant accounting policy.
2.2 Incoma
All income is recognised once the Charitable Cornpany has enlillemenl lo the income, il is probable
that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Slalemenl of Flnancial Activities on a receivable basis. The balance of
income received for specific purposes bul not expended during Ihe period is shown in the relevant
funds on the Balan￿ Sheet. Where income is received in advance of enlillemenl of receipt. ils
recognillon is deferred and included in creditors as deferred income. Where enlillemenl occurs
before income is received, the income is accrued,
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation lo IransfeT economlc benefit
lo a third party, il 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 classified by aclivlty. The costs
of each aclivily are made up of the lolal of direct costs and shared costs. including support costs
involved in undertaking each a¢livlly. Direct cos15 allribulable to a single aclivily are allocated direGtIy
lo that aclivily. Shared costs which contribute lo more than one activity and support cost5 which are
not allribulable lo a single activity are apportioned between those aclivi118s on a basis consislenl with
the Use of resources.
Expendilure on raising funds includes all expenditure incurred by the Charitable Company lo raise
funds for ils charitable purp08es and includes costs of all fundraising activities events and non-
charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charitable Gompanls objectives, as well as any associated support CO81s.
Page12

..). THE ETON FIVES ASSOCIATION LIMITED
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
Accountlng policies {¢ontlnuedl
2.3 Expenditure Icontlnuedl
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional. such grants being recognis&d as expenditure when the conditions allaching are
fulfilled. Grants offered subject to conditions which have not been mel at th8 year end are noted as a
commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest recelvable
Interest on funds held on d8posit is inclLtded when receivable and the amount can be measured
reliably by the Charitable Company, this is nomally upon notification of the interest paid or payable
by the institution with whom the funds are deposited.
2.5 Tanglble flxed assets and dèpreclatlon
Tangible fixed assets costing £200 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised al cost. After recognition, under th8 cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All Costs incurred to bring a tangible fixed asset into ils intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the straighl-line method.
Depreciation is provided on the following basis..
Marquee
Fives ball mould & court plans
Trophies
25%
25Q
2.6 Stocks
Stocks are valued al the lower of cost and n8t realisable value after making due allowance for
obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed
and variable overheads.
2.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid nel of any trade discounts due.
2.8 Cash at bank and In hand
Cash al bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
P8ge13

THE ETON FIVES ASSOCIATION LIMITED
(A Company Llmited by Guarantee)
140TES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
Accountlng policies {continuedl
2.9 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balance Sheet date as a result of a past
event. it is probable that a transfer of economic benefit will be required in settlement. and the amount
of the selllement can be estimated reliably.
Liabilities are recognised al the amount that the Charitable Company anticipates it will pay lo settle
the debt or the amount il has received as advanced payments for the goods or services it musl
provide.
2.10 FinanGial instruments
The Chanlable Company only has financial assets and financial liabilities of a kind that qualify as
basic financial instruments. Basic financial instruments are initially recognised at transaclion value
and subsequently measured al their settlement value with the exception of bank loans which are
subsequently measured al amortised cost using the effective interest method.
2.11 Penslons
The Charitable Company operates a defined contribution pension scheme and the pension Gharge
represents the amounts payable by the Charitable Company to the fund in respect of the year
2.12 Fund a¢countlng
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of th8 general objectives of the Charitable Company and which have not been
designated for other purposes.
Restficled funds are funds which are to be used in accordance with specific restriction5 imposed by
donors or which have been raised by the Charitable Company for particular purposes The costs of
raising and administering such funds are charged against the specific fund. The aim and use of each
restricted fund 15 sel out in the notes lo the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 14

THE ETON FIVE8 ASSQCIATION LIMITED
IA Company Llmlt•d by Guarante•)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
Incomo from donatlon8 and1ogaclo8
Re8trlctsd Unrestrfct•d
funds
fund8
2026
2026
Total
funds
2028
Tot£1
funds
2024
Donations and member subscriptiong
Grants
650
28,342
292,392
293,042
26,342
35,411
31,537
26,992
292.392
319,384
66, 948
rot812024
31,537
35.411
66,948
Incomo from charftsble actlvltlo8
Unre8trlcted
lund•
2026
Total
fund8
2026
Total
funds
2024
Coaching fees and playing income
Competitlon entry f6e8
Court hire
1,110
15,T74
128
1.110
16,774
128
720
16.282
17,012
17,012
17.002
Tot812024
17,002
17,002
Page 15

THE ETON FIVES ASSOCIATION LIMITED
(A Company Llmlt•d by Guarante•l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
Incom from other tradlng actlvttlos
Income from fundral8lng events
Re8trlctod Unrestrlct•d
fund8
fund8
2026
2026
Total
funds
2025
Total
funds
2024
Event income
Sala of merchandise
Sponsorship
39,327
10,887
30,000
39,327
10.887
30,000
7, 254
9.008
27,360
80,214
80,214
43. 622
Tot812024
2,114
41,508
43, 622
Investment Incoma
Regtrlcted Unrogtrlcted
lund•
funds
2026
2026
Total
fundg
2026
Tot81
funds
2024
Income from UK investments
Interest recelveable
3.306
894
3,306
894
2, 700
771
4,200
4.200
3,471
Total 2024
3.463
3,471
Page 16

' THE ETON FIVES A88OCIATION LIMITED
(A Company Llmltod by Guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
EX￿ndItUrn on ral8lng fund8
Costs of ralslng voluntsry Income
Unre8tr1ctod
funds
2026
Total
funds
2026
Total
funds
2024
Spon80rshlp costs
Centenary costs
986
1,110
55,043
86,043
55.043
65,043
2, 096
Tolal 2024
2.096
2.096
Fundralslng tradlng •xp•n••8
Unrestrlcted
fund8
2025
Total
fund8
2025
Total
lunds
2024
Cost of merchandlse
Fundraising event cosls
7,557
3,838
7,807
3.638
6,838
9,112
11,195
11.195
15,950
Total 2024
15,950
15,950
Page17

THE ETON FIVE8 ASSOCIATION LIMITED
(A Company Llmltsd by Guarant•e)
NOTES TO THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 30 APRIL 2025
Investment managernent cost•
Unro$trlct•d
fund8
2026
Total
funds
2025
Total
ftinds
2024
Investment management fee8
2,282
2,262
1, 167
Total 2024
1, 167
1,167
Analyslg of grants
Grant8 to
In8tltutlon8
2025
Total
funds
2026
Total
funds
2024
Grants, Charitable actlvities
15.190
10,190
2,813
Totsl 2024
2,813
2,813
The Charitable Company ha8 made the ft)Ilowing malertal grants to institution8 during the year:
2025
2024
Name ol In8tltutlon
St Bartholomew's School
Eton School
Indabawa
Weshvay Five8 Club
Charterhouse School
1,500
8,040
200
650
4,800
15,190
Other grants to in8lltLrtlons
813
16,190
2,813
Page 18

I ,, THE ETON FIVES ASSOCIATION LIMITED
(A Company Llmltad by Guarant•el
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
10. Analysls of 8xpendlture on charltable actlvltle8
Summary by fund type
Re8trlctod Unreatrlct•d
funds
fund8
2026
2025
Total
2025
Total
2024
Charitable activities
52,055
70,319
122.374
107, 731
Total 2024
103,541
4,190
107, 731
11. Analys18 of expendlturn by actlvltles
Actlvltle8
undertaken
dlrectly
2026
Grant
fundSng of
actlvltles
2026
Support
co8ts
2025
Totsl
funds
2028
Total
fvnds
2024
Charitsble actlvitie8
80.015
15.190
47,169
122,374
107,731
Total 2024
65,566
2,813
39,352
107,731
Page 19

THE ETON FIVES ASSOCIATION LIMITED
IA Company Llmltsd by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
11. Analyglg of expondlturo by actlvltle8 (contlnued)
Analyslg of dlrect co8ts
Charltable
actlvltle8
2020
Total
funds
2026
Total
funds
2024
Staff c08t8
Promotional expense
Coaching 8ervices and playing costs
Professional fee8
We8￿8Y costs
S Star Project costs
S Star Project- Holyport
Competition expenses
42,949
240
740
389
2,380
2.227
1,489
9.801
42,949
240
740
389
2,380
2,227
1,489
9,601
42.270
1.844
763
3,297
5,819
1,256
2, 085
8, 232
80.015
60,016
65, 566
Tot812024
65. 566
65,566
Page 20

.-? THE ETON FNE8 A880CIATION LIMITED
*i:::,¥i (A Company Llmlted by Quaranteg
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
11. Anaty81• of exp•ndlture by acilvltles Icontlnu•d)
Analy918 018UPPOrt costs
Charltabl•
act￿ltI09
2025
Total
funds
2026
Total
funds
2024
Stsff c08t8
Depreciation
Insurance
Motor and travel
Office costs
Trustees, fees
Website costs
Other costs
Governance cost8
34,315
816
3,816
1,524
254
2,000
345
1,000
3.099
34,316
816
3,816
1,524
254
2,000
3415
1,000
3,099
27,442
1,O¢XI
3,254
2,001
220
2,000
414
3,021
47,189
47,169
39, 352
Total 2024
39,352
39,352
12. Indapondont examlner'8 remunoratlon
2026
2024
Fees payable io the Charltable Company's independent examiner lor the
Independent examination of the Charftable Company's annual accounts
1,860
1,680
Page 21

THE ETON FIVE8 ASSOCIATION LIMITED
(A Company Llmltod by Guarants•)
NOTE3 TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
13. Staff costs
2020
2024
Wage$ and $4larie8
Social security co8t8
Contribution lo defined contribution pension schemes
72,865
2,212
2,187
68, 132
1,596
1,984
77,264
69, 712
The average number of person8 employed by the Chantable Company during the year was as Idlows:
2020
No.
2024
Admlnistrative
Development Officer8
No employee received remuneratlon amounting to more than £80,000 In either year.
1& Truste￿, rnmuneratlon and expen8e8
During the year ended 30 April 2025, an honorarium of £2,000 to recognise the Ilme, costs and anergy
taken in the role was paid to the Treasurer of the charity12024.' £2,000).
No other remuneration or other beneflts were received by the trustees during the year.
During the year ended 30 April 2025, no Trustee expenses have been incurred (2024 . £NILJ.
Page 22

Y THE ETON FIVES ASSOCIATION LIMITED
Jt (A Company Llmlted ty Guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
15. Tanglble flxad assets
Flveg ball
mould &
Marquee court plans
Trophles
Total
Cost or valuation
Al 1 May 2024
2,819
4,602
228
7,649
At 30 April 2025
2,819
4,602
228
7,649
Depreclatlon
At 1 May 2024
Charge for the year
2,819
3,336
816
228
6,383
816
At 30 April 2025
2,819
4152
228
7,199
N8t book valu6
At 30 April 2025
460
450
AI 30 Apnl 2024
1,266
t,266
16. Stocks
2025
2024
Goods for resale
6,344
6,815
17. Debtors
2025
2024
Du8 wlthln one year
Trade debtors
Other debtors
Prepayments and accrued income
21.876
369
30,312
23,900
6,577
20, 150
52,$47
50,627
Page 23

THE ETON FIVE8 A88OCIATION LIMITED
(A Company Llmlted by Guaranta•)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
18. Current a8set Inve81monts
2026
2024
L18ted inveslmants
272,418
129, 156
19. Credltorn: Amounts fallln9 due wlthln one year
2026
2024
Trade c￿dItOrS
Other credltors
Accrua18 and deferred income
795
1,343
196,241
1,114
84.746
86,860
198,379
Page 24

THE ETON FIVES AS80CIATION LIMITED
(A Company Llmltsd by Guarantse)
NOTES TO THE FINANCIAL STATEMeNTS
FOR THE YEAR ENDED 30 APRIL 2025
20. Statement of funds
Statement of funds - current year
Balance at
30 Aprll
2026
Balance at 1
May 2024
Transfers
Inlout
Galnsl
(Los8e8)
Income Expendlture
Unrestrlctsd
funds
General Funds
Centenary
86,710
118,402
275,416
(83,7761
(56,0431
126,083)
(7,782)
88,491
220,373
86,710
393,818
1138,8191
(26,0631
17,7821
308,864
Restrlcted
funds
5 Star Project
Elon Fives
Charitable Trust
recovery
Jesters
Newbury
we$￿aY
21,602
146,665)
25,063
740
2,500
1,600
650
(7401
12,600)
11,600)
16501
26,992
(S2,055)
26,063
Totsl of funds
88,710
420,810
(190,8741
17,7821
308,864
Page 25

THE ETON FIVES A880CIATION LIMITED
(A Company Llmltad by Guarants61
NOTES TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDED 30 APRIL 2028
20. Statement of lund$ {contlnued)
Statoment of funds - prlor y•ar
88lance at
1 May 2023
Transfe
in/out
Gainsi
8alanc8 at
(Losses) 30 Apnl 2024
Income Expenditur8
Unrestrlcted
fund8
General Funds
T1,658
97,383
(71,014)
(22,270)
10, 953
88,710
Re8trlcled
funds
5 Star Project
33,660
(55, 930)
22,270
Total of funds
71,658
131,043
(126, 944)
10,953
86, 770
Page 26

THE ETON FIVES ASSOCIATION LIMITED
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
21. Analysls of net assèts between funds
Analysls of net assets between funds - current year
Unrestricted
funds
2025
Total
funds
2025
Tangible fixed assets
Current assets
Creditors due within one year
450
394.274
185.880)
450
394,274
185,8601
Total
308,864
308,864
Analysis of net assets betwèen funds - prior year
Unrestricted
fvnds
2024
Tot81
funds
2024
Tangible fixed assets
Current assets
Creditors due within on8 year
1,266
283,823
(198,379)
1,266
283,823
(198,379)
Total
86. 710
86.710
22.
Pension commltments
The group operates a defined contribution pension scheme The assets of th8 scheme are held separately
from those of the group in an Independently administered fund. The pension cost charge represents
contributions payable by the group to th8 fund and amounted to £2,18712024 - £1,984). The sum of £622
12024. £4281 was payable lo the fund al the balance sheet date and is included in creditors.
23.
Related party transactlons
During the year £740 was received from the Elon Fives Charitsble Trust. 2 Trustees IMJ Chinery and
CMB Williams) of The Eton Fives Association were also trustees of the Eton Fives Charitable Trust
dunng the year.
Page 27