FIRST UNIVERSAL ENTERPRISES LIMITED

Registered charity 1141054 · accounts filings on the Charity Commission register · also known as FUEL

To relieve poverty hardship by providing education, training and advice and assistance to those in need of such services by reason of their social and economic circumstances. FUEL seeks to transform lives by helping those most in need to gain fulfilling and sustainable employment.

Objects

THE RELIEF OF UNEMPLOYMENT FOR THE BENEFIT OF THE PUBLIC, IN PARTICULAR FOR THOSE EXPERIENCING DISADVANTAGE AND/OR DISCRIMINATION WITHIN THE LABOUR MARKET, IN SUCH WAYS AS THE TRUSTEES MAY THINK FIT

Area of benefit: NOTTINGHAM CITYNOTTINGHAMSHIRE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£1.3m
Latest spending
£1.2m
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net incoming resource of £125,548 for the year ended 31 August 2025, resulting in total unrestricted and restricted funds increasing to £380,786. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, and the independent auditors reported no material uncertainties regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Adam & Co Accountancy Ltd. Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.3m
Total spending
£1.2m
Reserves (reported)
£212k
Employees
0

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Nottingham City · Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/08/2025£1.3m£1.2m
31/08/2024£439k£511k
05/04/2024£1.2m£1.1m
05/04/2023£984k£995k
05/04/2022£871k£882k

Common questions

Is FIRST UNIVERSAL ENTERPRISES LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource of £125,548 for the year ended 31 August 2025, resulting in total unrestricted and restricted funds increasing to £380,786. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, and the independent auditors reported no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Adam & Co Accountancy Ltd.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England15/06/2020£4kCOVID-19 CEF