**Charity registration number NIC108111** 

**Company registration number NI658053 (Northern Ireland)** 

## **ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31 JANUARY 2024** 



## **ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

**Trustees** Mr B C Wilson Ms J V E Singer Mr J M Mark (Appointed 27 October 2023) **Charity number** NIC108111 **Company number** NI658053 **Registered office** Alfred House 19 Alfred Street Belfast BT2 8EQ **Independent examiner** GMcG BELFAST Chartered Accountants & Statutory Auditor Alfred House 19 Alfred Street Belfast BT2 8EQ **Bankers** Danske Bank Donegall Sq West Belfast BT16 0RL 



## **ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **CONTENTS** 

||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Independent examiner's report|3 - 4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 12|





## **ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 JANUARY 2024** 

The trustees present their annual report and financial statements for the year ended 31 January 2024. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Articles of Association, the Companies Act 2006 and "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** 

The objects of the charity are exclusively charitable being for the education, awareness and enlightenment of the general public through pageantry, displays and entertainment. 

The stated aims and objectives of the charity are - 

- Advance education, awareness and enlightenment through pageantry, displays and entertainment; 

- Co-ordinate the promotion of festivals, performances and broadcasts in any location where a need exists; 

- Provide or secure the provision of advice, information, support, and training groups which wish to understand more about the culture, music, dance and history of the Ulster Scots; 

- Provide a social and cultural experience for the local and international community; and 

- support research and education regarding the Ulster Scots culture, and establish and build links with musical, dance and cultural groups in Northern Ireland, the Republic of Ireland, Great Britain and internationally. 

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. 

## **Achievements and performance** 

The charity organised the 2023 Belfast International Tattoo which was held on 1st and 2nd September 2023. The 2023 shows focused on local acts from the UK and Ireland. 

This is an important cultural event for Northern Ireland and brings together people from a range of backgrounds. It encourages respect and reconciliation and promotes Ulster Scots music, dance and culture. 

## **Financial review** 

After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. 

At the period end the charity had unrestricted funds of £18,845 and free reserves of £7,600. The charity does not have a policy to build reserves as it does not have any significant ongoing financial commitments. 

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. 

## **Structure, governance and management** 

Entertainment Events Organisation Limited was established in 2019. The company is registered as a charitable company limited by guarantee. It is constituted under a Memorandum of Association and is registered as a charity with the Charity Commission for Northern Ireland. 

- 1 - 



ENTERTAINMENT EVENTS ORGANISATION LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
The trustees, who a￿ also the directors for the purpose of company law, and who served during Ihe year and up to
the dale of slgnature of the financial slat8m8ntS W8re:
Mr 8 C Wilson
Ms J V E Singer
MrJMM8rk
Mrs H E Mark
Ms A C C Johnslon
Mr S P Calms
(Appointed 27 October 2023)
(Resigned 27 October 2023)
(Appointed 21 March 2023 and resigned 27 Octob812023)
(Resigned 16 March 2023)
None of the trustees has any beneficial interest in th8 company. All of the trustees are members of the company and
guarantee lo contribute £1 In the event of a winding up.
En18rtainmenl Events Organisation Llmited, a registered charity, is managed by a Board of Truslees, which meets
on a regular basis.
The organlsalion and management activitias of Ihe chartty are undertaken by th8 truste8s. All declslons In respecl
Ihe day io day affairs of the society are taken by the charlty through its Board of Trustees at committee meellngs.
Small companle•' exemptlon
The report of the dirèctors has been prepared taking advanlage of the small companies, exemption of section 415A
of the Companies Act 2008.
The trustees, report was approved by Ihe Board of Trustees.
Mw B C Wlx)n
TnMt••
Date.. .* J.,Ko..(.LoLI4,.........

CHARTERED ACCOUNTANTS
ENTERTAINMENT EVENTS ORGANISATION LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ENTERTAINMENT EVENTS ORGANISATION LIMITED
I report to the twstees on my examination of the financial slatements of Entertainment Events Organlsallon Llmtted
(the charity) for the year 8nded 31 January 2024.
Re8pon8lbllltl•$ and ba818 of report
As Ihe Iwslee8 of the charity (and also its directors for the purposes of company lawl you are responsible for the
pr8paratlon of the financial statements in accordance wilh the requirements of the Companies Act 2006 (Ihe 2006
Act).
Having satisfied myself that the charlty 1$ not subject lo audit under company law, and is eligible for independent
examination, it is my responslbllity to-
oxamlne the accounts under section 65 of the Charbties Act {Northem Ireland) 2008;
follow the procedures lald down In the general Dliecllon8 glven by Ihe Charity Commission for Northern
Ireland under section 65(9)Ib) of the Charilies Act; and
state whether particular matters have oome to my attention.
Independent examlnerfs $tstsmont
I have examined your charity accounts as required under secllon 65 of the Charitles Act and my examlnatlon was
carried out in accordancè with tha general Directions glven by tha Charlty Commlssion for Northem Ireland under
section 65{9)(b) of tha Charilies Act. The examlnatlon Induded 8 roview of the accounting records kept by the
charity and a comparlson of Ihe accounts presented wlth those records. It also includes consideration of any
unusual items or disclosures In Ihe accounts, and $eekn-n9 explanations from you as charity trustees concerning any
such matt818.
My role is to slate whether any materlal matter$ have come lo my attentson giving me cause to believe..
accounlin9 records were nol kept In respect of the charity as requlred by Sectlon 386 of the 2008 Acl; or
the financial statemenls do nol arKord vAth Ihose records: or
that the accounts do not compty with the accounting r8quiremanls of sécllon 396 of thè Companlés Act 2008
and wrth the mathods and principlas of the Charities Staloment of Recomm6nded Practlce applicable to
charities pieparing their accounls In accordance wbth the Flnanclal Reportlng Standard applicable In the UK
and Republic of Ireland.,
that there 15 further information needed for a proper understandlng of Ihe accounts to be reached.
Alfred House
J9 Alfred Street
BELFAST BT2 8EQ
DX3910 NR Belfast 50
Century House
40 Creseent Business Purk
LISBURN
B'1*8 2GN
17 Imandcvtlle Street
PORTADOWN
Craigavon
B'I'62 3PB
Tel: +44 (0)28 9031 IIV3
Fax: +44 (0)28 9031 0777
Tel: *44 (0)28 926D 7.￿.%
Fthy: 44410)28 9260 1656
TLI.. +44 (0)28 3838 2801
ax.. +44 {0)28 3835 0293
thlrtered Ats)JJnt4nts l R¢Wtsr￿AtrthOr4 1 ¢harte¥¢4￿¥AdTr￿rS 1 For￿$5cAt￿tsN1fi1*. CwtsFkn•ftreAdb4wtS
GM<Q v&alrndbngNmEoIGMLCCTwlimiled.RryNLKNIo$9dthliAoif4reEto￿a￿bkIt tesirtettiJ¢ffl¢e
Roglster¢dWC￿aUrf1WthI workbythelNtbiuteofcharter•JAttouThtaThtsln
AbIeMberQfn￿ .AWor]dWid¢AIIIAnrxdlthpendeMA￿￿nth￿Fthrn1
WWW•gmegca4com

ENTERTAINMENT EVENTS ORGANISATION LIMITED
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
TO THE TRUSTEES OF ENTERTAINMENT EVENTS ORGANISATION LIMITED
Indopendent oxamlnef8 5tstemont
I have Completed my examination and have no ¢oncems in respect of the matters (1) to (4) lisled above and. in
connection wilh following the Directions of the Charty Commission for Norlhern Iraland, I have found no matters
that requir
wing to your
tenlion.
Mr Nigel
FCA
GMCG BELFAST
Chartered Accountants & Statutory Auditor
Alfred House
19 Alfred Street
Belfast
BT2 8EQ
Daled: .

## **ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** 

## **FOR THE YEAR ENDED 31 JANUARY 2024** 

|||**Unrestricted **|**Unrestricted**|
|---|---|---|---|
|||**funds**|**funds**|
|||**2024**|**2023**|
||**Notes**|**£**|**£**|
|**Income and endowments from:**||||
|Charitable activities|**2**|276,408|239,648|
|Other income|**3**|26,750|12,750|
|**Total income**||303,158|252,398|
|**Expenditure on:**||||
|Charitable activities|**4**|291,867|196,367|
|**Net income for the year/**||||
|**Net movement in funds**||11,291|56,031|
|Fund balances at 1 February 2023||7,554|(48,477)|
|**Fund balances at 31 January 2024**||18,845|7,554|



The statement of financial activities includes all gains and losses recognised in the year. 

All income and expenditure derive from continuing activities. 

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 

- 5 - 



ENTERTAINMENT EVENTS ORGANISATION LIMITED
BALANCE SHEET
AS AT 31 JANUARY 2024
2024
2023
Notes
Curront a8•ets
Cash al bank and in hand
20.378
8,907
Crndltor*: amount• falllng dua wlthln
on• yèar
(1,533)
(1,353)
Net Current assets
18,845
In¢omg funds
Unreslricled
Designated funds
General unrestricted funds
10
11,245
7,600
7,5S4
18,845
7,554
18.845
7,554
The company is entitled to the exemption from the audll requlrement contalned in Section 477 of the Companies Act
2006, for the year ended 31 January 2024, No members have required the company lo obtain an audit of ils
financlal stalements for the year In questlon In accordance wllh secllon 476 of the Companles Act 2008.
Tho director acknowledges his responsibilities for complying with thè r6qulréments of tho Companles Acl 2006 with
respect to 8¢counling records and Ihe weparation of financial statements.
The member$ have nol required the company to obtain an audit of its finan¢Jal statements for tho year In question In
accordance wlth section 476.
These financial slatements have been prepared in accordance with the provisions applicable to companles subject
lo Ihe small companles regime.
Th flnanclal statements were approved by the Trust8es on ..
Mr 8 C Wlson
Tru8tee
M8 J V E Singer
TnMt••
Company regl8tratlon numbor 1416S80S3

**ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024** 

## **1 Accounting policies** 

## **Charity information** 

Entertainment Events Organisation Limited is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Alfred House, 19 Alfred Street, Belfast, BT2 8EQ. 

## **1.1 Accounting convention** 

The financial statements have been prepared in accordance with the charity's [governing document],  the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102. 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. 

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. 

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 

## **1.2 Going concern** 

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 

## **1.3 Charitable funds** 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements. 

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 

## **1.4 Income** 

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. 

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

- 7 - 



**ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024** 

## **1 Accounting policies (Continued)** 

## **1.5 Expenditure** 

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. 

Charitable activities and Governance costs are costs incurred on the company's operations, including support costs and costs relating to the governance of the company apportioned to charitable activities. 

All expenditure is inclusive of irrecoverable VAT. 

## **1.6 Cash and cash equivalents** 

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 

## _**Basic financial assets**_ 

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 

## _**Basic financial liabilities**_ 

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 

## _**Derecognition of financial liabilities**_ 

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. 

- 8 - 



## **ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 JANUARY 2024** 

## **2 Charitable activities** 

||**Unrestricted**|<br>**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Ticket sales|261,544|234,713|
|Other sales and merchandise|14,864|4,935|
||276,408|239,648|



## **3 Other income** 

||**Unrestricted **|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Other income including grants|26,750|12,750|



- 9 - 



**ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 JANUARY 2024** 

## **4 Charitable activities** 

|Staff costs<br>Accommodation - artists<br>Advertising and marketing<br>Consultancy fees<br>Crew costs<br>Production costs<br>Transport<br>Arena costs<br>Equipment<br>Printing, postage & stationery<br>Commission<br>Insurance<br>Travel expenses<br>Subscriptions<br>Telecommunications<br>Website costs<br>Other charitable expenditure<br>Share of support costs (see note 5)<br>Share of governance costs (see note 5)<br>**Support costs**<br>**Support**<br>**costs**<br>**Governance**<br>**costs**<br>**£**<br>**£**<br>Bank charges<br>156<br>-<br>Bank interest<br>-<br>-<br>Professional fees<br>420<br>-<br>Accountancy fees<br>-<br>2,553<br>576<br>2,553<br>Analysed between<br>Charitable activities<br>576<br>2,553|**2024**<br>**£**<br>156<br>-<br>420<br>2,553<br>3,129<br>3,129|**Unrestricted**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**2023**<br>**£**<br>**£**<br>2,456<br>2,500<br>39,634<br>3,360<br>25,878<br>19,257<br>3,920<br>3,860<br>3,913<br>4,850<br>64,157<br>118,844<br>34,097<br>4,500<br>87,715<br>-<br>2,534<br>-<br>1,624<br>-<br>20,380<br>29,466<br>358<br>358<br>222<br>321<br>199<br>199<br>147<br>1,588<br>144<br>2,640<br>1,360<br>812<br>288,738<br>192,555<br>576<br>2,736<br>2,553<br>1,076<br>291,867<br>196,367<br>**Support**<br>**costs**<br>**Governance**<br>**costs**<br>**2023**<br>**£**<br>**£**<br>**£**<br>188<br>-<br>188<br>2,148<br>-<br>2,148<br>400<br>-<br>400<br>-<br>1,076<br>1,076<br>2,736<br>1,076<br>3,812<br>2,736<br>1,076<br>3,812|
|---|---|---|



## **5 Support costs** 

- 10 - 



**ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024** 

## **6 Trustees** 

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 

## **7 Employees** 

The average monthly number of employees during the year was: 

||**2024**|**2023**|
|---|---|---|
||**Number**|**Number**|
|Total|-|-|
|**Employment costs**|**2024**|**2023**|
||**£**|**£**|
|Wages and salaries|2,456|2,500|



There were no employees whose annual remuneration was more than £60,000. 

## **8 Taxation** 

The charity is exempt from income tax and capital gains tax to the extent that its income and gains are applied for charitable purposes. No tax charge has arisen in the year. 

## **9 Creditors: amounts falling due within one year** 

|Other creditors<br>Accruals and deferred income|**2024**<br>**£**<br>783<br>750<br>1,533|**2023**<br>**£**<br>783<br>570|
|---|---|---|
|||1,353|



## **10 Designated funds** 

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes: 

||**Movement**||**Movement**||
|---|---|---|---|---|
||**in funds**||**in funds**||
||**Incoming**|**Balance at**|**Incoming**|**Balance at**|
||**resources**|**1 February**|**resources**|**31 January**|
|||**2023**||**2024**|
||**£**|**£**|**£**|**£**|
|Scots-Irishtoday.com|-|-|11,245|11,245|
||-|-|11,245|11,245|



- 11 - 



## **ENTERTAINMENT EVENTS ORGANISATION LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024** 

## **11 Related party transactions** 

There were no disclosable related party transactions during the year (2023 - none). 

- 12 -