IRIS Accounts Production v24.2.0.383 06485157 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064851572022-12-31064851572023-12-31064851572023-01-012023-12-31064851572021-12-31064851572022-01-012022-12-31064851572022-12-3106485157ns15:EnglandWales2023-01-012023-12-3106485157ns14:PoundSterling2023-01-012023-12-3106485157ns10:Director12023-01-012023-12-3106485157ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3106485157ns10:SmallEntities2023-01-012023-12-3106485157ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3106485157ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106485157ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106485157ns10:FullAccounts2023-01-012023-12-3106485157ns10:RegisteredOffice2023-01-012023-12-3106485157ns5:CurrentFinancialInstruments2023-12-3106485157ns5:CurrentFinancialInstruments2022-12-3106485157ns5:Non-currentFinancialInstruments2023-12-3106485157ns5:Non-currentFinancialInstruments2022-12-3106485157ns5:ShareCapital2023-12-3106485157ns5:ShareCapital2022-12-3106485157ns5:RetainedEarningsAccumulatedLosses2023-12-3106485157ns5:RetainedEarningsAccumulatedLosses2022-12-3106485157ns5:PlantMachinery2022-12-3106485157ns5:PlantMachinery2023-01-012023-12-3106485157ns5:PlantMachinery2023-12-3106485157ns5:PlantMachinery2022-12-3106485157ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3106485157ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31064851571ns10:Director12022-12-31064851571ns10:Director12021-12-31064851571ns10:Director12023-01-012023-12-31064851571ns10:Director12022-01-012022-12-31064851571ns10:Director12023-12-31064851571ns10:Director12022-12-31
REGISTERED NUMBER: 06485157 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Fuelled Events Limited

Fuelled Events Limited (Registered number: 06485157)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fuelled Events Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Miss R Harvey





REGISTERED OFFICE: 313 Jefferson Place
1 Fernie Street
Manchester
M4 4AZ





REGISTERED NUMBER: 06485157 (England and Wales)





ACCOUNTANTS: Campbell Mackay Limited
Chartered Certified Accountants
Bridge House
100 Wellington Road
Turton
Bolton
BL7 0EA

Fuelled Events Limited (Registered number: 06485157)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 29

CURRENT ASSETS
Debtors 5 62,038 47,795
Cash at bank 1,857 131
63,895 47,926
CREDITORS
Amounts falling due within one year 6 18,015 5,461
NET CURRENT ASSETS 45,880 42,465
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,880

42,494

CREDITORS
Amounts falling due after more than one
year

7

45,014

49,783
NET ASSETS/(LIABILITIES) 866 (7,289 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 766 (7,389 )
SHAREHOLDERS' FUNDS 866 (7,289 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Fuelled Events Limited (Registered number: 06485157)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2024 and were signed by:





Miss R Harvey - Director


Fuelled Events Limited (Registered number: 06485157)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Fuelled Events Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.

Turnover is released over the period in which the services have been supplied to ensure income is recognised in the profit and loss accounts in the period in which services are provided. Amounts invoiced in advance of services supplied are held on the balance sheet, net of associated costs, as deferred income. Where services have been delivered in part at the balance sheet date but not yet invoiced are recognised at the relevant proportion as accrued income on the the profit and loss account.

Tangible fixed assets
Tangible fixed assets are stated at historic cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Furniture, fittings and office equipment - 25% on cost
Computer equipment - 33% on cost

The assets' residual values , useful lives and depreciation methods are reviewed and adjusted if appropriate, or if there is an indication of a significant change since the last reporting date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fuelled Events Limited (Registered number: 06485157)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company contributes to a personal pension plans of the director and employees and the pension charge represents the amount payable by the company to the funds for the year.

Financial instruments
Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds basic financial instruments, which comprise cash at bank and in hand, trade and other debtors, borrowings and trade and other creditors. The company has chosen to apply the measurement and recognition provisions of section 11 Basic Financial Instruments.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses of bad and doubtful debts.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutes, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 18,638
DEPRECIATION
At 1 January 2023 18,609
Charge for year 29
At 31 December 2023 18,638
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 29

Fuelled Events Limited (Registered number: 06485157)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 62,038 47,795

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 5,000 833
Taxation and social security 11,667 3,668
Other creditors 1,348 960
18,015 5,461

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 45,014 49,783

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 25,014 29,783

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Miss R Harvey
Balance outstanding at start of year 35,956 16,339
Amounts advanced 10,650 19,617
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 46,606 35,956

9. RELATED PARTY DISCLOSURES

Included within other debtors is £46,606 (2022 - £35,956) owed by the director to the company. The loan is interest free and there are no terms for repayment.