Eton Artion
Registered Charity NufflbÈr 258247
Annual report and financial statements for the year ended
31 December 2023

Eton Action
For the year ended 31 December 2023
Contents
Page
Trustees, report
Independeni examinerfs report
Statefllent of financial activities
Balance sheet
Cash flow statement
Notes to the financial 5talernents
9-12

Eton Action
Trustees, report for the year ended 31 December 2023
The trustees present their report and the financial statements for the year ended 31 December 2023 for Eton
Artion (charity number 2582471.
The financial statements have been prepared in accordance with the accounting policies set out on pages 9 and
10 therein and comply with the Charity's Trust Deed. applicable laws and the requiiement5 of FRS 102, Charities
SORP IFRS 1021 and Charities Act 2011. There have been no chan8e5 in the policie5 adopted by the charity during
the year.
Structure, governance and management
Status and administration
Eton Attion was founded as a charity regulated under a Trust Deed dated 1968. Eton Action 15 registered as an
unincorporated charity in England and Wale5 under the Charity Commission reference number 258247. The
trustees are responsible for the administration and decisions of Eton Action in accordan￿ with the Trust Deed.
Trustees
The trustee5 who served throughout the year and subsequently are Shown below..
T Arbuthnott
A Henderson
Mr Peter McKee
A M Miles (resigned 31, December 20231
Lady Waldegrave OBE
Key mana8ement personnel
Treasurer
Princrpal address
Eton College, Eton, Wind50r. Berks SL4 6DW.
Bankers
Barclays Bank PLC, One Churchill Place. Canary Wharf. E14 5HP.
Independent Examiner
Crowe U.K. LLP, 5S Ludgate Hill. London. EC4M 7JW.
Sollcitors
Charles Russell Speechleys. 5 Fleet Place, London, EC4M 7RD.
The truslees are responsible for the administration and decision5 of Eton Action tn accordance with the Trust
Deed. An executive committee appoirbted by the trusiees manages the charity on a day-to-day basis. The charity
is run primarily by boys.. a boy committee of house representatives run thè charity under the guidance of the
executive committee.
The trustees are appointed in accordance wilh theTrust Deed. Appointment is made at a meeting convened and
held according to the ordinary practice of the Council. New trustees are provided with a copy of The Charity
Commission Guidance manual CC3 The Essential Trustee". What you need to know.

Eton Artion
Trustees, report for the year ended 31 December 2023 (continued)
Object5 and activities
The charit¥Ks objerts are..
lal The advancement and support of worldwide charitable project5.
Ibl To encourage and support Ettrnians. past. present and future. to raise money for charitable purposes.
Icl To administer and distribute funds in accoidance with the terms of the 1968 Trust Deed.
The main charitable objettive is io promote charitable activity among boys.
The financial objective 15 to raise money 5UPPOrt of other tharities. adivities.
The trustees have adopted the accounting policies recommended in the Charbties SORP IFRS 1021. The trustees
confirm that they have referred to the guidance contained in the Charity Cornmi55ion's general guidance on
public benefit when reviewing the trusys aims and objectives and in planning future activities.
Donations
Donation5 are made in accordance with the charitvs objectives. At an annual meeting in February the committee
select a shortli5t of charities to SUPPOrt for the coming year. from applications and good causes proposed by Eton
pupils. The chosen causes are then subject to a vote by the pupils. The total arnounts collected in the year are
distributed evenly amongst the five chosen charities.
There is a pro8ramme of annual fundraising events throughout the School year, occasionally ad hoc events may
take place for specific cause5, these events and causes are usually decided by the pupils of Eton College and then
pproved by a trustee.
Volunteers
Pupi15 and staff at Eton College volunteer at fundraising èvents. Key management personnel are also volunteer5.
Achievements and performance
Eton Attion continues to be grateful for all don31ions received throughout the year. Unfortunately, in 2022. the
annual tommunity fair was unable to take place due to funeral of HM Queen Eliiabeih 11, the fair took place in
March 2023 instead In 2023 the deferred fatr held in thè Spring raised £30,630 The Autumn fair raised £30,580.
In 2021 the fair raised £30,465.
The Eton Action 'mufti' day raised £3,13512022: £3.1641 for Slough Mencap. The boys and staff pay a small fee
to attend school in informal dress.
Pupils are involved in each event thai is held by Eton Artion. It Is a good opportunity to promote philanthropv
nd for the boys to use their energy to raise as much money a5 possible to be donated to good causes.

Eton Artion
Trustees, report for the year ended 31 December 2023 (continued)
Financial review
The Statement of Financial Activitie5 show5 the results for Elon Aclion. Net income is £5.27212021'. £2,165),
as shown on page 6. In March 2022 the Eton College community, through Eton Action. supported the UNICEF
Ukraine Appeèl and raised over £30.000. Durin@ 2023 an additional £4,363 was raised for this cause.
Reserves policy
Unrestrlcted funds
Unrestricted funds which, at 31 December 2023, amounted to £15.78812022.' £10,516) have not been restricted
to a particular purpose by the donors. The unrestficted funds comprise the general fund which is the working
fund of the charity. It is not tied or designated for use for a particular or defined purpose. The unrestricted funds
can be spent on any charit3ble purpose in atcord3ntè with the objects of the tharity as the trustees see fit.
The unrestricted fund must provide for the net deficit of any activitie5 that have inadequate income of their own
and for the general administration of ihe charity. It also provides working capital for operations and helps to
provide re50urce5 to ensuTe that the charity can continue with its obligations in the event of a shortfall in income
or unexpected upturn in expendituie.
The trustees aim to keep a minimal level of reserves as all r3i5ed funds are donated as soon 35 possible. The level
of reserves is considered adequate for the charity to continue operating for the fore5eeablÈ future.
Risk assessment
The major risks to which the charity 15 exposed. as identified by the trustees. have been reviewed and systems
and controls have been established to mitigate these risks.
Future Plans
The charity's future plans include running the annual events listed above and continuing to support charitable
causes, whi15t encoura@in8 Eton pupils. personal development.
Going concern
The trustee5 have a reasonable expectation that the charity has adequate resource5 to continue in operational
existence fc*r the foreseeable future. No material uncertainties in relation to the ability of the charity to continue
on a going coricern basis have been identified by the trustees. Thus, Ihey continue to adopt the going concern
basis of accounling in preparing the financial statements.
Trustees. Responsibilities Statement
The trustees are responsible for preparing the Trustees. Annual Report and the financial st3tements in
accordance with applicable law and United Kingdom Generally AC￿pted Accounting Pfattice (United Kingdom
Accounting Standardsl.

Eton Action
Trustees, report for the year ended 31 December 2023 (continued)
Trustees, Responsibilities Statement (continued)
The law applicable to charities in England and Wales requires the trustees io prepare financial statement5 for
each financial year which give a true and fair view of the state of affair5 of the charity and of the incoming
resources and application of resources of the charity for that period. Irb preparing these financial staternent5, the
trustees are required to=
selert 5Ult3ble accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP..
make judgements and estimates that are reasonable and prudent..
state whether applicable United Kingdom Accounting Standards have been followed. subject to any material
departures disclosed and explained irb the accounts," and
prepare the financial statements on the going concern basis unless it ts inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping proper accounting ￿CordS that disclose with reasonable accuracy at
any time thè financial position of thè charity and Ènable them to ensure that the finèncial statement5 complv
with the Charities Act 2011. the Charity (Accounts and Report51 Regulations 2(N)8 and the provisions of the
Trust Oeed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable
steps for the prevention and deteuion of fraud and other irregularitie5.
y order of the trustees
T Arbuthnott
Trustee
Date..
,1,.)￿￿*

Eton Action
Independent examiner's report to the Trustees of Eton Action
I report to the trustees on my examination of the accounts of Eton Artion (the Trustl for the year ended 31
December 2023, which are set out on pages 6 to 12.
This report is made solely to the charivs trustÈe5. as a body, in accordance with section 154 of the Charities Act
2011. My independent examiner's work has been undertaken so that I might state to the charitV'5 trustees those
matters l am required to state to them in an independent examiner's report and for no other purpose. To the
fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the charity, the
charity's members as a body and the tharivs trustee5 a5 a body for my independent examinerfs work. for this
report. or for the opinions I have foimed.
Responsibilities and ba515 of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 20111.the ACVI.
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed all the applicable Direttions given by the Charity Commission
under section 14515llbl of the Act.
Independent èxaminerfs statemènt
I have completed my examination. I confirrn that no material matter5 have corne to my attention in connection
with the exarnination givin8 me cause to belÉeve that in any material respect..
accounting records were not kepl in respect of the Trust as required by section 130 of the Act- or
the accounts do not accord with those records- or
Ihe attounts do not comply with the applicable requirements concerning the form and content of
account5 Set out in the Charitie5 (Accounts and Reports) Regulation5 2008 other than any requirement
that the accounts give a'true and fair viev/ which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connertion with the examination to which
attention should be drawn in this ieport in ordei to enable a proper understanding of the accounts to be
reached.
na M Allison FCCA
Crowe U.K. LLP
55 Ludgate Hill
London
EC4M 7JW
Date.. 25 October 2024

Eton Action
Statement of financial activities for the year ended
31 December 2023
Total
Total
Unresiricted Unrestricted
Fund5
Funds
2023
2022
Notes
Income from
Donation5
%.135
99,533
Other trading activities
14.425
664
Total income
110.560
ICKJ,197
Expenditure
Other trading activities
13.5471
12781
Charitable activities
1101.7411
197,7541
Total expenditure
1105.2881
198.0321
Net income and net movement In funds
5.272
2.165
Reconclllatlon of funds..
Total funds brought forward
10.516
8,351
Total funds carried forward
15.788
10,516
The notes on pages 9 10 12 form part of these financial statements.

Eton Action
Balance sheet as at 31 December 2023
2023
2022
Notès
Current assets
Cash 31 bank and in hand
48,146
77.115
Total current assets
48,146
77.115
abilities
Creditors- amounts falling due within one year
132,3581
166.5991
Net current assets
15,788
10,516
Total net assets
15,788
10,516
Funds of the charitv..
Unrestrirted funds
General fund
15.788
10.516
Total funds
15,788
10.516
The accounts of Eton Aclion set out on pages 6 to 12 were authorised for issue and app¥oved by the trustees on
16, Octc*ber 2024 and signed on their behalf by..
T Arbuthnott
Trustee

Eton Action
Cash Flow Statement for the year ended 31 December 2023
Notes
2023
2022
Cash flow5 from operating activities
Net cash provided by operating activities/lu5ed inl
io
128,9691
4,528
Change in cash and Cash equl¥alents In the year
128,%91
4.528
Cash and cash equivalents at the beginning of ihe year
77.115
72.587
Cash and cash equivalents at the ènd of the year
48,146
77,115
The notes on pages 9 to 12 form part of these fin3ncial statements.

Eton Action
Notes to the financial statements for the year ended 31 December 2023
Charity Information
Eton Action is a charity registered with the Charity Commission in England and Wale5, tharity number 258247. The
addre55 of ttr>e registered office 15 Elon College, Eton. Windsor. Berkshire Sl4 6D8.
Accounting policies
B3515 of accounting
The financial 5taternent5 have been prepared in accordance wÈth the Charities SORP IFRS1021 applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of lleland and the Charities Act 2011 and the UK Generally Accepted Practice.
The financial statements have been prepared to give a 'true and fairf view and have departed from the Charities
(Accounts and Reports) Regulation5 2CM18 orbly to the extent required to provide a 'true and fair view,. This
departure has involved followine Accounting and Reporting by Charities preparing their accounts in accordance
with the Financial ReportinÈ Standaid applicable in the UK and Republicof Ireland IFRS 1021 issued on 16July 2014
rather than the Accountin8 and Reporting by Charitie5= Statement of Recommended Practice effective from l April
2005 which has since been withdrawn.
Eton Action meets the definition of a public benefit entity under FRS 102.
A55et5 and liabilitie5 are initially recognised at historital cost or transaction value unle55 Otherwise stated in the
relev3nt accounting policy note5.
Going Concem
The trustees have a reasonable expectation that the charity has adeouate restsurces to continue in operational
existence for the foreseeable future. No material uncertainties in relation to the ability of the charity to continue
on a going concern basis have been identified by the trusiees. Thus. they cot)tinue to adopt the eoing concern
basis of accounting in preparin8 the fin3ncial statements.
Income
All income is recognised once the charity has entitlement to the incorne, it is probable that the income will be
rèceived and the amount of income reteiv3ble can be measured reliabty.
Donations are reco8nised on receipt unle55 Eton Artion ha5 been notified in writing of both the arnount and
settlement date.
other trading activities include income generated throuEh fundraising events hosted by Eton Action and income
15 recogni5ed on a receipts basis.
Expendlture
All expenditure is accounted for in the Statement of Financial Activities ITh ihe period to which the cost relates.
Expenditure is classified irbto expense c3teBories based on the nature of the c05t incurred. Donations are
accounted for in the period in which they are made or once the donation has been communicated to a third pafty.
The policy for making donations is detailed in the Trustees. report.
Governance costs
Governance costs comprise all cost5 identified as wholly or mainly attribuiable to ensurin8 public accountability
of the charity and its cornpliance with regulation. being external audit costs. These costs have been met by Eton
College, and are not re-charged.

Eton Action
Notes to the financial statements for the year ended 31 December 2023
(continued)
Flnanclal Instruments
Eton Action ha5 financial assets and financial liabilitie5 of a kind that qualify as basic financial instruments. Basic
financial instruments are inittally recognised at transaction value and subsequently mea5ufed at amortlsed c05t.
Financial assets held at amortised cost comprise cash at bank and in hand. together with accrued income.
Financial liabilities held at amortised cost comprise donations payable.
Funds
Unrestricted funds can be spent on any charitable purpose in accordance with the objects of the charity at the
discretion of the trustees.
Key estimates and judgement5
In the application of Eton Action's accounting policies, which are described. trustees are required to make
judgements, estimates. and assumptions about the carrying values of assets and liabilitie5 that are not readilv
apparent from other sources. The estimates and underlying assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results may differ from these estimates.
In the view of the trustees, no assumptions concerning the future or estimation uncertainty affecting assets and
liabilities at the balance sheet date are likely to result in a material adjustment io their carrying amounts in the
next fin3n¢ial year.
Analysis of income
2023
2022
Fair takings
67,210
2.410
Mufti day
3,135
3.164
Sponsored events
23,543
46,526
Ukraine Appeal
4.363
37,296
House Event5
3.886
6,163
Other
8.423
4,638
Income from trading activities
110.560
100,197
10

Eton Action
Notes to the financial statements for the year ended 31 December 2023
(continued)
Analysis of expenditure
The donations made in 2023 are detailed below=
2023
Save the Children
12,393
The Hands Up Foundation
.937
BBOWT
7,420
Oscar Foundation
6,773
The Trussell Trust
6,773
Fulham 8oat Club
6,773
Dusty Yak
6,773
Windsor Food Share
5,926
ABC to Read
5,926
Action Cerebral Palsy
5.926
Siobhan'5 Tru51
5,926
Alzheimers Research
5,926
other
16.269
Total
101,741
Independent examiner fee is paid by Eton College and is not induded in expenditure for Eton Action.
Trustees and employees
Eton Action has no staff.
None of the trustees received any remuneration or expen5e5 during the year12022'. Enill,. however, all of the
trustees were remunerated by Eton College for services excluding those in their capacity as trustee.

Eton Action
Notes to the financial statements for the year ended 31 December 2023
(continued)
Creditors- amounts falling due within one year
2023
2022
Donations Payable
32,358
59,189
Other creditors
7,410
32.358
66,599
Unrestricted income funds
2023
2022
At l January
10,516
8.351
Net movement in the year
5,272
2,165
At 31 December
15,788 10,516
Analysis of net assets between funds
All the funds of Eton Action are unrestricted.
Related party transartions
All of the trustees were employees of Eton College during the current and prior year and were remunerated by
the College other than in a capacity as trustee.
Eton College pupils and staff founded and run Eton Action.
The Eton Action independent examiners fee of £1.5￿ excluding VAT12022= £9501 1% borne by Eton College and is
not recharged.
10
Reconciliation of net income to net cash flow from operating activities
2023
2022
Net expenditure as per Statement of Financial
Activities
5.272
2,165
Adjustments for..
Decrease in debtors
Increaselldecreasel in creditors
Net cash provided byl (used inl operating
activitie5
134,2411
2.363
128,9691
4,528
12