Company registrdtion number: Nt071560
Charity registration number: 103081
Fuel Events
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 January 2024
'AOUJ6QIB*
1810112025
COMPANIES HOUSE
A07
#79

Fuel Events
Contents
Referencc and Administrative Details
Trustecs, Report
2to4
Independent Examinefs Report
5t06
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t0 16

Fuel Events
Reference and Administrative Details
Tru$te¢$
Mr Paul McNeilly
Mr5 Lorraine McNeilly
Mr Ian David Somerville
Ch4rity Registrgtion Number
103081
Company Registration Number
N1071560
The charity is incorporated in Northern Ireland.
91 Shankbridge Road
Kells
Ballymena
Co Antrim
BT42 3DL
ReElStered Office
IndependeDt Eximiner
Ryan McFaul
D T Carson & Co
51 . 53 Thomas Street
Ballymena
Co. Antrim
BT43 6AZ
Solicltors:
L'estrartge & Brett
7-9 Chichcstcr Street
Belfast
BTI 4JG
' Bankers
Ulster Bank
49 Wellinglon Street
Ballymena
Co Antrim
BT43 6AD
Page I

Fuel Events
Trustees, Report
The trustee5, who are directors for the purposes of company law, present the annual report together with the
financial statements and auditors, report of the charitable company for the year ended 31 January 2024. The
finan¢i&l statements are also prepared to meet the requirements for a directors, report and accouJJts for
Coinpanie5 Act 2006 purposes.
The finanei41 staiements comply with.the Charities Act 2008, the Companies Act 2006. the Memorandum and
Artitles of Association, and Accounting and Reportin8 by Charities.. Statemeni of Recommended Practice
applicable in the UK arbd Rcpubli¢ of Ireland (FRS 102) (effective l Jan 2019).
Objettives and aetivities
Objects and QinL
Th¢ Company is a re8isler¢d charity which s¢ck5 to Jdvanc¢ Ihc Chrisiian religion for the benefit of the public
through the holding of public events whi¢h promo1¢ Christian music, film and art and which is op¢n to and
unit¢5 all people in the community, rc8ardless of group or cultural classifi¢ation.
The company aims to promote innovation in Christian music. film, art and technology, to produce and present
ultural and educational evenls: to ¢ommission and iour new works of art: to broaden a¢¢ess and offer new
opportunities for education. ¢0 offer event management to community and voluntary art5 organisations; to
provide a link between creAlive industries, technology and education and to provide work experien¢e and skills
development.
Fundrolslng dlsclosures
The company has power to invite and accept subscriptions, donations, demises and bequests and to hold public
events.
Achievements and performance
Fin#neiAI review
The charity received no income from chariiable activites during the year (2023.. £3,500) and expenditure on
charitable activities was £1,017 (2023: 2.574). Charitable actiVilies,have continued to be significantly ¢urtailed
in recent y¢ars RS & result of the Covid 19 resirictions.
Pollcy on raerves
The charity aims to keep a small amount in reserves as there are no substantial ongoing commitments.
Trustees gnd offic¢rs
The trustees serving during the year and since the year end were as follows:
Trustees:
Mr Paul McNeilly
Mr5 Lorraine McN¢illy
Mr lan David Somerville
Page 2

Fuel Events
Truste￿, Report
Structure? governance and management
Nalure ofgoverning doc4menl
Fuel Events is a company limited by guarAntee and is also a re¢ognised charity. The company's governing
document 15 the Memorandum and Articles of Association. In the event of the cornpany being wound up trustees
are required to contribute £1.
Recruilmenl and oppolntment of Irustees
Unless otherwise deterniirted by ordinary rcsolution, the number of tru5tces shall not bc Icss than thre¢ but shall
not be subject to a maximum.
No person may be appointed as trustee unless they have attained the age of 18 and have not previously been
disqualified.
Induellon and tr41nlng oflrmstees
All Tru5tecs are familiar with the role of th¢ charity through their Trustecship of the company. New Trustees
would attend an orientation meeting to briefthem on iheir legal obligations and responsibililics AS Trustees.
Arrangementslor settln8 key managemenipersonnel pemutterallon
The company has the power to employ persons or to pay for the services of persons to achieve and manage thc
objects of ihe Company in it's ordinary day to day activities.
' No remuneration has been paid during the year,
Organisational struclure
The or8anisation is mana8¢d and directed by its Trustees.
Relationships with related PArti¢s
Trustees
None. of the trustees have been paid any remuneration or received any other benefits from an employment with
the ¢harity or a related entity.
Details of transactions and balances wilh trustees Can be found ai Notel4.
FinAnclAI Inslruments
Objeclives andpollcles
The charity's activilies cxpose it to a number of financial risks including or¢dit risk, cashflow risk and liquidity
risk. Tl)e ¢harity does not use derivative financial instruments.
Liquidily risk
In order lo maintain liquidity to ensure that sufficient funds are available for ongoing operations and future
developments.
Page 3

Fuel Events
Trustees, Report
The trustees (who are also ihe directors of Fuel Events for the purpose5 of company law) are responsibl¢ for
preparing the trnstee5' report and the financial ststements in a¢¢ordance with applicable law and United
Kinsdom Accounting Standards (Uniied Kingdom Generally Accepted Accounting Practice), includin8 FRS
102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under company law
the trustees must nol approve ihe financial statemenls unless they are satisfied that they give a true and fair view
of the slate of affairs of the chariiable ¢ompAny ond of the in¢oming resources and applicotion of resources,
including ils income and expenditure. of the charitable company for tha¢ period. In preparing these financial
slalemenls, the trustees are required to..
select suitable accounting policie5 and apply them consistently.
observc the methods and prin¢iples in the Charities SORP;
make judgements and estimates that are reAsonable and prudent:
siaie whciher applicable accounting slandards, comprising FRS 102 have been followed, subject lo any
material departures disclosed and explained in the financial statements. and
prepare the financial statements on Ihe goin8 ¢on¢em basis unless it is inappropriate 10 presume thai the
charitable ￿rnpanY will continue in business.
The Iruslees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at
any time the financial position of the Charitable comp8ny and cnable them 10 ensure that ihe financial statements
omply with the Companies Act 2006. They are also responsible for safeguardirtg the assets of the charii&ble
company and hence for taking reasor)able step5 for the prevention and deiection of fraud and other irregularities.
Small companies provision ststemtnt
This report been prepared in accordance with the small companies re8ime under the CompAnies Act 2006.
The annual report was approved by the trustees of the charity on 9 January 2025 and signed on its bchalf by..
Mr Paul McNeilly
Trustee
Page 4

Fuel Events
Independent Examiner's Report to the trustees of Fuel Events ('the Company,)
I report to the charity Irustees on my examination of the accounts of the Company for the year ended 31 January
2Q24.
Respective responsibilities of trustees and exRminer
As the charity trustees (and also Ihc directors of the Company for the purposes of company law) you are
responsible for the pr¢pardtion of the accounts in accordance with the requirements of the Companies Act 2006
('the 2006 Act.). Having satisfied myself that the charity is not subject to audit under company law, and is
eligible for independent examination, it is my responsibility to:
¢xamine the accounts under section 65 of the Charities Act (Northern Ireland) 2008;
follow the procedures laid down in the general Directions given by the Charity Commission for Northern
Ireland under section 65(9Kb) of the Charities Act. and
state wheiher particular matters have come to my attention.
Bo$i$ ofindependent examiner'5 report
have examined your Charity accounts as required under seciion 65 of the Charities Act and my examinalion
Was carried out in accordance wilh the general Directions given by ihc Charity Comrnission for Northern Ireland
under se¢iion 65(9)(b) of the Charities Acl.
The examination included a review of ihe a¢¢ounlin8 records kept by the charity and a comparison of the
a¢counts presented with those record5. It also in¢lud¢s consideration of any unusual items or disclosures in the
'•a¢counts. artd seekin8 explanation5 from you as charity trusl¢es concerning ony such matters.
My role is to state whelher any material matters have corne lo my attention 8ivin8 me cause to believe..
-1, Th81 accountin8 record5 were not kepl in A¢¢ordance with section 386 of the Companies Aci 2006
2. That the accounts do not accord with Ihose o¢¢ounting re¢ords
3. That the accounls do not comply with the accounting requirements of section 396 of the Companies Act 2006
and with Ihc meihod5 and principles of the Charilies Statement of Rewmmcnded Pr8¢ti¢¢ applicable to charitie5
preparin8 Iheir accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic
of Ireland
4. Thal Ihcre is further inforniAtion needed for a proper understanding of the accounts to bc reached.
Page 5

Fuel Events
Independent Examiner's Report to the trustees of Fuel Events ('the Company,)
Independent examiner's statement
I have completed my exarnination and have no concerns in respect of the matters { l) to (4) listed above and, in
connection with following ihe Directions of the Charity Commission for North¢rn Ireland, I have found no
matters that require drawing to your attention.
Ryan McFaul
D T Carson & Co
Chartered AccounlAnts & Registered Auditors
51- 53 Thomas Street
Ballymena
Co. Antrim
BT43 6AZ
9 January 2025
Page 6

Fuel Events
Statement of Financial Activities for the Year Ended 31 January 2024
(IDcluding Income and Expenditure Account And Statement of Total Recognised Gains
and Losse5)
Unrcstrieled
funds
Restrict¢d
funds
Tot41
2024
Note
Income and Endowment5 from:
Expenditure on:
Charitable activilies
1,017)
(1.017
Total expenditur¢
1.017
1.017
Nei expenditure
Net movemeni in funds
(1,017)
(1.017
(1,017)
(1,017)
R¢concillAtlon of funds
Total funds brou8ht forward
3.756
1,161
4.917
Tot&1 funds ¢&rried forward
12
3,900
TotAI
2023
Unrestrlcttd
funds
Restrlcted
funds
Noto
Ilneom¢ and Endowm¢nt8 from:
ChariLgble activities
3,500
3,500
i Tolal income
3,500
3,500
Expendilurc on:
Charitable aclivilies
2,574)
2,574)
Total expenditure
2,574
2,574)
Net income
926
926
Nel movement in funds
926
926
Reconciliatlon of fund5
Total funds brought forward
Toial funds Carried forward
2.831
1.161
3,992
12
3.757
1,161
4.918
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 9 to 16 forni an integral part of these financial statements.
Page 7

Fuel Events
(Registration number: N1071560)
Balance Sheet as at 31 January 2024
2024
2023
Note
Current assets
Cash at bank and in hand
10
6,222
6,238
Creditors: Amounts f•lllng due wlthin on¢ year
2.322
1,320)
Net asset$
3,900
4,918
Funds of the eharlty:
Res¢ricted ineome funds
Restricted funds
1,161
Unre$tricled Income funds
Unrestricted funds
2,739
3,900
Totgl funds
12
4,918
For the financial year ending 31 January 2024 the charity was entitled lo exemption from audit under section
477 of the Companies Act 2006 relating lo small companies.
Directors, re5ponsibilitics'.
The members have nol required the charity to obtain an audit of its accounts for the year in question in
a¢¢ordanc¢ with section 476; and
The directors acknowledge their responsibilities for complying wilh the requirements of the Act with respect
¢0 accounting records and the prcparotion of h￿o￿nts.
These financial slatemcnts havc been prepired in Accordance with the spe¢ial provisions relating to companies
subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 7 to 16 were approved by the trustees, and authorised for issue on 9 Janu8ry
2025 and signed on their behalf by:
Mr Paul McNeilly
Trustee
The notes on page5 9 to 16 forni an iniegral part of these financial statements.
Page 8

Fuel Events
Notes to the Finaneial Statements for the Year Ended 31 January 2024
I Charity $totu$
The charity is a private company limited by guarantee, incorporated in Northem Ireland, and consequently does
not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets
of the charity in the cvent of liquidalion.
The address of ifs registered office is..
91 Sliankbridge Road, Kells Ballymena. Co Antrim. BT42 3DL
These finan¢ial statements were auihorised for issue by the trustees on 9 January 2025.
2 Ae¢ounting po15cles
SummAry of slgnificAnt accountlng policies #nd key accounting utlmltes
The principal a¢¢ountin8 policies applied in the preparation of these financial statements are set ou¢ below.
These policies have been consistently applied to all Ihe years presertted, unless oiherwise stated,
Statement of eompliAnce
The financial statements have been prepared in accordance with Accountin8 and Reporting by Charities..
.Sfalement of Recommended Practice applicable to charities preparing their hccounts in accordance with the
'Financial Reporting Standard applicable in the UK and Republic of Ireland ffRS 102) (effective l January
2019) - (Charities SORP (FRS 102)), Ihe ch￿ill¢S Act (Northem Ir¢land) and the Companies Acl 2006.
i The charity is a Public Benefit Entity as defined by FRS 102,
B•sis of preptlration
Assets and liabilities are initially recognised at historical c05t or Iransaction value unless otherwise slated in the
relevant 8ccounling policy noies.
The presentational ¢urr¢ncy of the finan¢ial statements t$ pounds sterling and amounts have been rounded to ihe
nearest £1.
Going concern
The financial statements have been prepared on a going concern basis. The Trustees have assessed a period of
12 months from the date of approvin8 the financial statements with regard lo the appropriateness of the going
¢on¢ern assumption in preparin8 the financial stalemcnts. The Trustees believe that the company will continue
as a going con¢ern and be able to realise ils assets and discharge lis liabilties in the nornial course of business.
Page 9

Fuel Events
Notes to the Financial Statements for the Year Ended 31 January 2024
Judgements
The preparation of the financial statements requires the Tru51ees to make judgements, esrimates and assumptions
that affect the application of accounting policies and the reported amounts of assets and liabilities, income and
expenses. The estDmates and associated assumptions are based on historical experiencc and other fa¢tors Iha¢ a
considered to be relevant. Aciual resulis may differ from these estimates.
Income ind endowments
All inwme is recogniscd once there is a legal or conslru¢tive obligation to that income after any perforniacc
conditions have been met. the amount can be measured reliably and it is probable that income will be received.
All income is allocated to the applicable income heading ih41 aggregate similar income lo that category.
Donaliofts and legacies
Donations are recognised when the charity has been notified in ¥￿Iling of both the amount and settlement dale.
In Ihc ¢v¢nl that a donation is 5ubjecl to conditions that requir¢ a level of perfomiance by the charity before Ihe
charity is entiiled lo the funds, the income is deferred and nol recognised until either those condition5 are fully
met, or the fulfilmenl of those conditions is wholly within the control of the charity and it is probable that these
conditions will bc fulfilled in the reporting period
Expenditure
All expenditure is recognised onc¢ there is h legal or constntctive obligation to that expenditure. it is probable
settlement is rcquired and the amount can be measured reliably, All costs are &llorat¢d to the applicable
expenditure heading thal a8gre8alc Similar c0315 to that category. Where costs cannot be directly attributed to
particular heading5 they have been allocated on V4 basis con515tcnt with lh¢ use of re50urce5. with central staff
costs &llo¢ated on the basis of time spent, and depreciation ¢harges allocated on the portion of the asset's use.
Other support costs are allo¢ated based on the spread of stsff costs.
Cliorliable aeiivilies
Charitable expenditure comprises those cost5 incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly lo such &ctivities and those costs of an
indireci nature necessary lo support tliem.
Governance Costs
These include the cosls anributoble lo the ¢hariry'S compliance with constitutional and statutory requirements.
including audit, Slraicgic managemenl and trustees meetings and reimbursed expenses.
TAxation
The charity is considered to pass the tests sel out in Paragraph I Schedule 6 of the Finance A¢1 2010 ond
therefore it meets the definition of a ¢haritable company for UK Corporation tax purposes. Accordingly. the
¢harily is potentiolly ¢xempi from taxation in respect of income or capital gains r¢¢eived within cate8orie5
overed by Chapter 3 Part I l of th¢ Corporation Tax Aci 2010 or Se¢tion 256 of the Taxation of Chargeable
Gains Act 1992, to th¢ extent that Such income or gains are applied exclusively to charitable purposes.
Tangible flxed A8$ets
Tangible fixed assets (individually cosling £100 or more) are inilially recorded at cost and Subsequently
measured at C051, less accumulated depreciation and impairnient losse5.
Page 10

Fuel Events
Notes to the Financial Statements for the Year Ended 31 January 2024
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value. over their expected useful economic life as follows:
Asset clAss
Furniture & Equipment
DepreciAtion method aDd rate
200/0 straight line basis
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of
Ihe objectives of the charity.
Resiricted income funds are those donated for use in a particular area or for sp¢¢ific purposes, the use of which
is rcstricled to that area or purpose.
Flnanclfil Instruments
Classificalion
Financial assets and financial liabilities are recosnised when the ¢harity becomes a party to the conlra¢tual
pi'ovisions of the instrument.
'rinancial li8bilities and equity instruments arc classified according to Ihc substance of the contractual
a￿angeMentS entered into. An equity instrument is any conir8ct thai evidences a residual interest in the assets of
the charity after d¢du¢tin8 all of its liabilities.
Recognition ond measurement
- Basic financial asset5
All basic financial assets and liabilities are initially measured at transACtion price (including trdnsaction costs)
and subsequently carried at amortised costs using the effective interest method.
Impairmenl
For financial assets ¢arried at arnortised cost, the amount of impaiment is the differen¢e between th¢ asset's
carrying amount and the present value of estimated future cashflows. discounted at the financial asset's original
effective interest rate. For financial assets carried al cost less impairment, the imphimient loss is the difference
between the asset's carying amount and the eslimatc of the amounl that would be received for the asset if il
were to be sold at the reporting date.
Where indicators exist for a decrease in impaimient loss, and the decrease can be related objectively to an event
occuring after the impainnent was ￿COgnIsed. the prior impaimient loss is t¢sled to d¢temiine reversal. An
impairment1055 is reversed on an individual financial asset to the extent that the revised recoverable value does
not Icad lo a revised caryin8 amount higher than the canying value had no impairnient been recognised.
Pagell

Fuel Events
Notes to the Financial Statements for the Year Ended 31 January 2024
3 Income from charit*ble activitieg
Unrestricted
funds
Gener41
Total
2023
Donations and sponsorship
3.500
3,500
4 Expenditure on charitable a¢tivities
Unrestrieted
funds
General
Totnl
2024
Bank charges
Governance costs
15
1.002
1,002
1,017
1,017
Unrestricted
funds
General
Totfil
2023
Fund raising Costs
Donations
Bank charges
Sundry expenses
Governance cosls
121
1,500
65
168
720
1,500
65
168
720
2,574
2,574
£1,017 (2023 - £2,574) of the above expenditure was Attributablc to unrestricted funds and £Nil (2023 - £Nil) to
resiricted funds.
Page 12

Fuel Events
otes to the Financial Statements for the Year Ended 31 January 2024
S Analysls of 8overn*nee And support eosts
Governance costs
Unrestricted
funds
General
Total
runds
Independenl examiner fees
Examination of the financial statements
1,002
1,002
Total for 2024
1,002
1,002
TotAI for 2023
720
720
6 Trustee5 remuneration ind expenses
No truslces, nor any persons connected with them, have received any remuneration from ihe Charity during the
year.
7 Independent exHmiDer'$ remuner4tion
2024
2023
Examination of the financial statements
,002
720
8 Taxation
The charity is a registered charity and is therefore cxempi frorn taxation.
Page 13

Fuel Events
Notes to the Financial Statements for the Year Ended 31 January 2024
9 Tanglble fixed assets
Furniture And
equipment
Total
C05t
At l February 2023
13,842
13,842
At 31 Janu4ry 2024
13,842
13,842
Depreciation
At l February 2023
13.842
13,842
At 31 January 2024
13.842
13,842
Net book value
Ai 31 January 2024
At 31 January 2023
10 Cash And cash equivllents
2024
2023
Cash at bank
6.222
6,238
I I CTedi¢ors: Amounts falling due within one year
2024
2023
Trusiee5 cuThent accounts
Accruals
1.440
882
1,320
2.322
.320
Page 14

Fuel Events
Not&s to the Financial Statements for the Year Ended 31 January 2024
12 Funds
BalAnce at I
February 2023
Resources
expended
BAlance at 31
Janu4ry 2024
Unrestricted funds
General
3,756
(1,017)
2,739
Restricted funds
1.161
Total funds
1,017
3,900
Unrestricted funds
B%lAnce at I
February 2022
Incoming
resources
Resources
expended
neeai 31
January 2023
Unrestricted funds
General
2,831
3,500
{2,574)
3,757
Restricted funds
1,161
Totil funds
4,918
Pa8e 15

Fuel Events
Notes to the Financial Statements for the Year Ended 31 January 2024
l3 An*lysls of net assets between fund$
Unrestrieted
funds
GenerAI
TotAI funds at
31 January
2024
Restricted
(unds
Current assets
Current liabilities
5.061
2,322)
6.222
2.322
Total net assets
2,739
3,900
Unrestricted
funds
Ceneral
TotAI funds at
31 JAnuAry
2023
Restri¢ted
fund$
Current assets
Current li&bililies
5,077
1,320
6,238
1.320
Total net a55ets
3,757
1,161
4,918
14 RelRted party transgctiofbs
During the year the charity rnadc th¢ following related PATty transactions:
Mr PAUI M¢Neilly
(Trustee)
Payments of expenditure on behalf of the Charity in the current year. At the balance sheet dale the amount due
to Mr Paul McNeilly was £1,440 (2023 - £Nil).
Yipp¢¢ Events Llmited
(A company where P McNeilly, Trustee of Fuel Events, is a direcior and shareholder)
Donation of £3,500 received in the prior year.
Limited was £Nil (2023 - £Nil).
| Ai ihe balance sheet dale the amount due to/from Yippee Events
Page 16