RELEASING
POTENTIAL
Releasin
Potential Limited
Annual Report of the
Trustees and Financial
Statements
For the year ended
31 August 2025
ELEASING

Executive Summary
We began the 2024-25 academic year, with the anticipation that we would be hosting an
Ofsted visit, which would have an impact on both the School and the Outdoor Education
provision. This would be the first year that we ha(1 a permanent Head of school and Head of
Outdoor Education in place. which was to form the foundation of the leadership structure of
the charity.
The School had made Significant chan8es to its approach to education,.
Thè timetable was focused on children learning in the outdoor environment
Challenging behaviour was not through punitive approaches
Exclu5ion5 were not Used
SHAPE & Glasser's 5 Needs were the cornerstone to the educational approach
The Outdoor Ed team were organised into two distinct areas,. outdoor actlvitles and farm,
which was offered to both RP School a5 part of the curriculum offer and other schools, where
children needed 5UPPOrt through an Alternative Provision programme.
In February we had an Ofsted Monitoring visit which recognised that all aspects of the charity
met the required Independerbt School Standards. Inspectors praised the positive engagement
of our students and the meaningful outcome5 we a￿ achieving, reinforcing our commitment
to continuous improvement.
To achieve SHAPE I will=
SAFE
￿￿P hands. fèèt and obJ•¢ts to tYVWlf
dlstflJCtTrons
rtspt)O51bil+ty lo¥r rny b•h•vlaur
good thtylLv5
HEALTHY
Look aftef my body
5tsy QLIt ¢>f argum•nts
Fat s•Dslbly b* acth¢*
ACHIEVE
Wark h•rd and my bq
Ask r•l•vant qu•st5ons
Say what I a¢￿I￿1x4
POSITIVE
Ftvspoct staff and pupols
Show Èrnpathy ro oth*r5
ENTERPRISE
Hèlp other5
L¢sok altor thir*gs
Keep going the tim
RELÉASING

Releasing Potential Ltd
August 2025 Year End
1nfo@releasingpotential.com
Contents
Charity information
Reflections by Chief Executive Officer
Object5 and activities for the public benefit
Review of the year
3to5
Looking ahead
Financial results
Strurture, govemance and management
Statement of Trustees, responsibilitie5
7t08
Report of the independent auditors
9t012
Statement of financial activities
13
Balance sheet
14
Statement of cash flows
15
Notes to the financial statements
16to24
RELEAS1tr4G

Charity information for the year ended 31 August 2025
Trustees:
P Jenkins
D Carman-jones lappointed 10102120251
S Garrett
M King
M Lavington (appointed 10/02120251
P Stanway
P Suter
Chief executive officer and company secretary:
MAKing
Registered office:
7 King5croft Court
Ridgway
Havant
Hampshlre
P09 ILS
Registered number..
4622100 (England and Walesl
Registered charlty number..
1097440
Independent auditor:
Scott Vevers Ltd
Chartered Accountants and
Registered Auditor5
65 East Street
Bridport
Dorset
DT6 3LB
Bankers:
HSBC Bank PIC
118 Commercial Road
Portsmouth
Hampshire
POI IEP
ELEASIt4G

Reflertions by Chlef Executive Officer
The development for 2024125 was going to be based on what we wanted forthe future and
not what we had achieved in the past. New foundations had been built for the school and
Outdoor Education to thrive, with staff in established positions. a healthy number of
referrals and a clear understanding of who we are a5 a whole Charity.
We were able to define our values, which are based on Gla5serfs 5 Need5, what we are able
to offer children and what the stages the individual can engage with, either in the school or
on our alternative provision programme.
Establishing the Outdoor Education provision as an entity which compliments the work of
the School has allowed us to reach more children and introduce them to a POSltive way of
engaging with education. Many of the children in the Alternative Provision make their way
into the School, in order to meet their social, emotional and educational needs.
l am incredibly grateful to everyone who has contributed to this journey. The commitment
of our staff team, Trustees, and School Goverrbors has been instrumental in ensuring our
children are well-equipped to contribute meaningfvlly to society.
Ing O¥t
Experlentlal
Education
Pathways to
learnlng
Flexlbl•
Curriculum
LI￿ and tiVln9
%k1115
Edueatlon Health
Care Plan
Hopes afid drtams
What am I working on.
Trustees. Report
The Trustees who are also directors of the charity for the purposes of the Companies Art
present their report together with the financial statements of the charity for the year ended
31 August 2025 which are also prepared to meet the requirements for a directorfs report
and accounts for Companies Act purposes.
The financial statements comply with the Charitie5 Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association, and Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in
RELEASIN

accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021.
Objerts and activities for the public benefit
The charivs objects as stated in the memorandum of assoclation are=
lal to advance the educatFon of young people including those who may have special rieeds
or who are excluded from mainstream education in such ways as the Trustees may from
time to time think fit-
Ibl to provide training to equip groups and individuals to provide education for young
people.
Icl to advance in life and relieve the social need5 of young people through the provision of
recreational and leisure time attivities provided in the interest of social welfare and support
and artivities which develop their skills to enable thern to participate in society as mature
arbd responsible individuals.
The objects are achieved through a variety of different methods,. full time small group and
one to one SEN core provision, outdoor mentoring, sail training, residentials. short term
intervention projects and holiday actwities. The activitie5 we provide are sailing, canoeing,
kayaking, orienteerin& navigation, cllmbing, abseiling, mountain biking, and various team-
building activities. On the residential programmes, young people participate in outdoor
activitie5 as a personal and Social development proBramme. In planning our activities for
the year, the Trustees kept in mind the Charity Commission's guidance on public benefit.
Review of the year
During the year we separated the Outdoor Education provision {as a distinct entity) from
the School, to facilitate the development of the Alternative Provision programme. Both
areas use the same Values (Love, Fun, Freedom, SurvNal & Powerl, the SHAPE behavioural
system and the RP Managing Challenging Behaviour Training to underpin their education
methodology.
We felt confident that we had everything in place to be successful at the next Ofsted
monitoring visit prior to a full Inspection. In February the monitoring vislt confirmed this
and we were immediately placed in the normal cycle of inspections for all Independent
Special Schools. This gave us the confidence that we needed to help us fully recover from
a poor inspection in 2022. Part of thi5 SLJccessful recovery was down to the appointments
of Head of School and Head of Outdoor Education, who were able to align the School and
Outdoor Education whilst developing the individual areas.
To support the operational development, the Finance team Started to adopt new systems
which we hope will provide greater financial understanding of the decisions made, which
will help create a positive learning environment.
RELÉASINC

Alt•rnatlv• Provlslon
Our personalls•d approach:
Nurturlng
Sklll
acquisitlon
ent
Educatlon Heafth
Car• Plan
Hope5 and dream5
What am I worklng on.
urvlval -*,- Power
Physlcal Developments
Alongside operational improvements, we made significant physical developments:
Havant slte:
All classrooms had doors Wlth windows placed in them
Painting throughout the building
New Office space created for teaching staff and admin staff
New construction workshop was created
New motorbike maintenance workshop created
Toilets refurbished
Stairwell boxed in
Chichester slte:
New construction workshop was created
Installed admin staff in the downstairs area to welcome students
School SLT office downstairs
DofE office placed upstairs
First Aid room redecorated
Downstairs toilets redecorated
New kitchen fitted
RELEASING

The Farm:
Paved pathways created throughout the site
Chicken area improved
Small animal teaching area established
New willow dome5 created
These developments have expanded our capacity, enabling us to provide even greater
support to our Students.
Looking ahead
Our next step5 focus on three key areas..
Charity: Establishin8 our values across all services and ensuring that industry-
standard systerns are embedded in our practices.
Outdoor Education: Expanding the Alternative Provision programme, increasing
staff capacity, and further developing our vision for outdoor education.
School: Continuing our journey toward full compliance with the Independent
School Standards, preparing for the next Ofsted monitoring visit, and supportinB
our new Head of School in shaping the institution according to our core values.
With a clear vision and dedicated team. we are excited about the opportunitie5 ahead. The
progress we have made this year positions us well for continued success and growth.
ensuring the best possible outcomes for the children we serve.
Financial results
The statement of financial activities shows net incoming resources of £242,592 12024..
£84.1721- Reserve5 at 31 August 2025 were £1,218,566.
The principal source of funds continued to be amounts paid by 5choo15 and local authorities
for the seryices provided.
All staff at Releasing Potential, including key management personnel, are paid on a scale
which reflect5 a balance between outdoor industry and teaching profession levels. Pay
scales are reviewed annually and any changes are ratified by Trustees. Decisions on pay
increases for the Charity SLT are made directly by the Trustees. All Trustees give of their
time freely and no Trustee received remuneration in the year, in their capacity as a Trustee.
Reserves
The Trustees have established a pollcy whereby the unrestricted funds not commltted or
invested in tangible fixed assets I'the free reseNes'l held by the charity should be sufficient
to enable the charity to corbtinue operatirbg in the short term in the event of a significant
drop in funding. At the end of the year, ￿SelveS comprlse:
Funds invested in fixed assets
£664,726
Free reserves
£553,840
Total
£1,218,566
RELEASING

Structure, governance and management
The charity is a company limited by guarantee and was incorporated on 19 December 2￿)2.
It is governed by its memorandum and articles of a5SOClation. The members of the company
who are also the directors and Trustees are named on page l. In the event of the charity
being wound up, the liability in respect of the guarantee is limited to £10 per member of
the charity.
The appointment of all Trustees Is governed by the artlcles of association of the company
nd new Trustees are fecruited from those who a￿ interested in and connected to work
with young people in the local community. New Trustees are given an induction pack
containing information on all asperts of the charity's affairs and are expected to visit the
office to meet staff and at least one project. Training is given as required, including sessions
for the whole Trustees, team.
The Trustees meet regularly throughout the year to review performance and set charitable
policy and strategy. They have appointed a School Governing Body to oversee the
'attendance, attainment, progress and safeguarding, of students within the school. Day to
day management is delegated to the chief executive, who line manages other staff.
The Trustees have carried out an assessment of the major risks to which the charity is
exposed and have put in place procedures and systems to mitigate these risks. The highest
potential risks identified that would have the biggest impact were:
Rlsk
School could fail to move up a
grade in the Ofsted judgernent at
next inspection
Controls
Extensive work on curriculum to improve outcomes and
evidence.
An effertive School Governing Body
appolnted. meetlng temly and receiving external
training. H&S Officer appointed to oversee building
improvements.
Safeguardin8 pra(tices to adopt
systems for staff and Trustees.
Established 2-year training pmgramme of accredited
awards
Increased annual leave entltlement to a level
comparable with colleges of FE.
Rigorou5 safeguarding systems in place throughout the
organisation. All staff trained with regu13r refresher
courses. Deslgnated Safetuardlng Leads appolnted and
deputie5 will be in place and appropriately trained.
Safeguarding Trustee is in place and regular 5trurtured
meetings take place.
Difficulties recruiting and retaining
good quality stsff limits capacity
Serious safeguarding incidents
could significantly impart referr?15
and potentially close our pmvlsion
ELEA5bNG

Statement of Trustees. responsibllltles
The Trustees are responsible for preparing the Trustees, Report and the financial
ststements in accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year.
Under that law the Trustees have elected to prepare the financial statements in accordance
with United Kingdom Generally Accepted Actounting Practice Iunited Kin8dom Accounting
Standards and applicable lawl. Under company law the Trustees must not approve the
financial statements unle55 they are satlsfied that they give a true and fair view of the state
of affairs of the charitable company and of the net movement in funds of the charitable
company for that year.
In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently,.
observe the methods and principals in the Charities SORP
make judgements and estimates that are reasonable and prudent,.
stste whether the policie5 adopted are in accordance with the Companies Act 2006
and with applicable accounting standards and statements of recommended practice,
Subject to any material departure5 disclosed and explained in the financial statements:
prepare the financial statements on the golng concern ba515 unless it is inappropriate
to presume that the company will continue in busine5S.
The Trustees are responsible for keeping adequate accounting records that are sufficient
to show and explain the charitable company's transactions and di5c105e with reasonable
accuracy at any time the financial posltion of the charitable company and enable them to
ensure that the financial statements comply with the Companies Act 2006. They are a150
responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities. The
Trustees are also responsible for ensuring that the a5set5 are properly applied in
accordance with charity law.
Statement as to Disclosure of Information to Auditors
So far as the Trustees are aware, there is no relevant audit information of which the
charitable company's auditor5 are unaware, and each Trustee has taken all the steps that
he or she ought to have taken as a director in order to make himself or herself aware of any
relevant audit information and to establish that the charitable company's auditors are
aware of that inforrnation.
ELEASIN
POTFNfiA

Auditors
The auditors, Scott Vevers Ltd, have signified their willingness to remain in office and a
resolution for their re-appointrnent will be proposed at the forthcoming annual general
meeting.
This report has been prepared in accordance with the small companies, regime under the
Companies Act 2006.
On behalf of the board
P Jenkins- Chair of Trustees
Date..
171ilz
RELEASIIIG

Report of the independent audltors to the Trustees of Releasing
Potential Limited
Opinion
We have audited the financial statements of Releasing Potential Limited (the 'charitable
company'l for the year ended 31 August 2025 set out on pages 13 to 24. The financial
reporting framework that ha5 been applied in their preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel,
including Financial Reporting Standard 102 The Finoncial Reporting Stundard applicoble in
the UK ond Republic of Ireland Iunited Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements
8ive a true and fairview of the state of the charitsble company's affairs as at 31 August
2025 and of the incoming resources and application of resources, including its income
and expenditure, for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally AC￿pted
Accounting Practice,. and
have been prepared in accordance with the Charwties Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standard5 on Auditing IUKI IISAS
IUKII and applicable law. Our responsibilities under those standards are further described
in the Auditorfs responsibilities for the audit of the financial statements section of our
report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including
the FRC'S Ethical Standard. and we have fulfilled our other ethical re5ponsibilitie5 in
accordance with these requirements. We belleve that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going
concern basis of accounting in the preparation of the financial 5tatementS 15 appropriate.
Based on the work we have performed, we have not identified any material uncertainties
relating to events or conditions that, individually or collectively, may cast significant doubt
on the charitable company's ability to continue as a going concern for a period of at least
twelve month5 from when the financial Statements are authorised for issue.
Our responsibilities and the responsibilitie5 of the trustees with respect to going concern
re described in the relevant sections of this report.
4ELEA51MG

io
Other information
The other information comprlses the informatlon included in the trustees, annual reporL
other than the financial statements and our auditor's report thereon. The trustees are
responsible for the other information. Our opinion on the financial statement5 does not
cover the other information and we do not express any form of assurance conclusion
thereon.
Our responsiblllty Is to read the other information and, in doing so, consider whether the
other information is materially inconsistent with the financial statement5 or our
knowledge obtained in the course of the audit or otherwise appears to be materially
misstated. If we identify such material incon515tencie5 or apparent material
mi55tatements, we are required to determine whether thi5 gives rise to 3 material
misstatement in the financial statements themselves. If, based on the work we have
performed. we conclude that there is a material misststement of this other infomiation,
we are required to report that fact.
We have nothing to report in this re8ard.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charitable company and its
environment obtained in the course of the audit, we have not identified material
mi55tatements in the directors, report.
We have nothing to report in respect of the following matters to which the Charities Act
2011 requires us to report to you if. in our opinion:
the information given in the trustees, report is inconsistent in any material
respect with the financial statements,. or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting record5,' or
we have not received all the information and explanations we require for our
audit.
Responsibilities of Trustees
A5 explained more fully in the Trustees, Responsibilities Statement Set out on page5 7 and
8, the Trustees (who are also the directors of the charitable company for the purposes of
company lawl are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such internal control as the Trustees
determine is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for a55es5ing the
haritable company's ability to continue as a going concern, disclosing, as applicable,
matters related to a golng concern and using the going concern basi5 of accounting unless
the Trustees either intend to liquidate the charitable company or to cease operations, or
have no realtstic alternative but to do so.
RÉLEA51NG

Auditols responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and
report in accordance with the Act and ￿levant re8ulations made or havir¢8 effect
thereunder.
Ouf objectives are to obtain reasonable assurance about whether the financial statements
as a whole are free from material misstatement. whether due to fraud or error, and to issue
an auditorfs report that include5 our opinion. Reasonable a55urance is a high level of
assurance but is not a 8uarantee that an audit conducted in accordance with1SAs IUKI will
always detect a material misstatement when it exists. Misstatements can arise from fraud
or error and are considered material if, individually or in the aggregate, they could
reasonably be expected to influence the economic deci5ion5 of users taken on the basis of
these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations.
We design procedures in line with our responsibilities, outlined above, to detect material
misstatements in respect of irregularities, including fraud. The extent to which our
procedures are capable of detecting irregularities, including fraud is detailed below..
Our approach to identifyin8 and assessin8 the risks of material misstatement in respect of
irregularities, including fraud and non-compliance with laws and regulations. was as
follows..
the engagement partner ensured that the engagement team collectively had the
appropriate competence, capabilities and skills to identify or recognise non-compliance
with applicable laws and regulation5;
we identified the laws and regulations applicable to the charity through discussions with
Trustees and other management, and from our commercial knowledge and experience of
the charity sector;
we asse55ed the extent of compliance with the laws and regulations identified above
through making enquiries of management- and
identified laws and regulations were communicated within the audit team regularly and
the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the charity's financial statement5 to material
misstatement, including obtaining an understanding of how fraud might occur. by..
making enquiries of management as to where they considered ihere was 5U5ceptibility to
fraud. their knowledge of actual, suspected and alleged fraud; and
considering the internal contToIs in place to mitigate risks of fraud and non-compllance
with laws and regulations.
To address the risk of fraud through management bias and overrlde of controls. we:
performed analytical procedures to identify any unusual or unexpected relationships;
tested journal entries to identify unusual transactions,.
a55es5ed whether judgements and assumptions made In determining the accounting
estimates were indicative of potential bias,. and
investlEated the rationale behind significant or unusual transattions.
In response to the risk of irregularities and non-compliance with laws and regulations, we
designed procedures which included, but were not limited to:
agreeing financial statement disclosures to underlying Supporting documentation
readin8 the minutes of meetings of those charged with governance-
enquiring of management as to actual and potentlal litl8ation and claims.
RÉL£ASINC

Because of the inherent Simitations of an audit, there is a risk that we will not detect all
irregularities, including those leading to a material misstatement in the financial statements
or non-compliance with ￿gUlatIOn. This risk increases the more that compliance with a law
or regulation 15 removed from the events and transactions reflected in the financial
statements, as we will be less likely to become aware of instances of non-compliance. The
risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud
involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statement5 IS
located on the Financial Reporting Council'5 website at..
www.frc.org.uVauditorsresponsibilities. This description forms part of our auditorfs
report.
Use of our report
This report is made solely to the charitable company's Trustees, as a body, in accordance
with Part 4 of the Charities IAccounts and Reports) Regulations 2CXJ8. Our audit work has
been undertaken so that we might state to the charitable company's members those
matters we are required to state to them in an auditorfs report and for no other purpose.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the charitable company and the charitable companvs Trustee5 a5 a body, for
our audit work, for thi5 report, or for the opinion5 we have formed.
Scott Vevers Ltd
Chartered Accountants and Registered Auditors
65 East street
Bridport
Dorset. DT6 3LB
Date=
Iilo£lL£
Scott Vevers Ltd is eligible to act as auditor in terms of section 1212 of the Companies Ad
2CK)6.
ELEASIMG

RELEASING POTENTIAL LIMITED
13
STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 AUGUST2025
Notes
Total
Funds
2025
Totsl
Funds
2024
Unrestrlcted Restrlrted
funds
funds
Incoming resources
Incoming resourcesfrom generatedfund5.'
Donations and similar sources
1,416
1.416
5,883
Cht7ritoble actlvffties..
Grants received for activities
Fees charged for activities
8,950
2.295,048
1,776
10,726
2,295,048
22,000
1.862,375
Investment income
15,811
15,811
8,977
Total incoming resources
2,321.225
1,776
2,323,￿1
1,899,235
Resources expended
Costs of generatin8 funds
Charitable activities.-
Educational activities
8,489
8,489
318
2,069,329
2,591
2,071,920
1,814,745
Total resources expended
2,077,818
2,591
2,080,409
1,815,063
Net movement in funds
243,407
18151
242,592
84,172
Reconciliation of funds
Total funds at I September 2024
975,159
815
975,974
891,802
Total funds at 31 August 2025
1,218,566
1,218,566
975,974
Chanzes In Resources Applled for Flxed Assets for Charlty Use
Net movement In funds
Net resourtes invested in fixed assets
242,592
1103,8681
84.172
154,7311
29,441
Funded by reserves and other funding sources
138,724
All amounts derive from continuing activities.
All gains and losses recognised in the year are included in the statement of financial activities.
The notes on pages 16 to 24 form part of these financial Statements
RELEASING
POTEtr4TtAL

REIEASING POTENTIAL LIMITED
L4
BALANCE SHEET
AS AT 31 AUGUST 2025
Notes
2025
2024
Fixed A55ets
Tangible assets
li
664.726
621,916
Current assets
Stocks
Debtors
Cash at bank and in hand
12
13
534
68,159
610.499
794
114,152
306,537
679,192
421,483
Creditors: Amounts fallln8 due within one
year
14
1125,3521
167,4251
Net current a55etS
553,840
354,058
Net Asset5
1,218,566
975,974
The funds of the charity:
Restricted income funds
15
815
Unrestricted income funds..
15
1,218,566
975,159
Total charity funds
1,218,566
975,974
These financial statements have been prepared in accordance with the provlsions appllcable to companies
subject to the small companies regime under the Companies Act 2006. The directors acknowledge their
responsibilitles for complying with the requirement5 of the Companies Act 2006 In respect of accounting records
and preparation of accounts.
Whilst the company is exernpt from audit under Section 477 of the Companies Act 2006 relating to small
companies and the member5 have not required an audit under section 476 of the Act, the company is subject to
audit under the Charities Act 2011.
The financial statements were approved by the board on .....
P Jenkins- Chair of Trustees
The notes on pages 16 to 24 form part of these financial statements
RELEASIIIG
POTENTIAL

RELEASING POTENTIAL LIMITED
15
STATEMENT OF CASH FLOWS
AS AT 31 AUGUST 2025
Notes
2025
2024
Cash flow from operating artivities
18
383,646
97,822
Cash fl¢>w from investlng actlvltles
Payments to acquire tangible fixed assets
Receipt5 from sales of tangible fixed assets
Investment income received
1103,8681
8,977
15.811
154,7311
14,812
8,977
Net cash flow from Investln8 artlvltles
179,0801
130,9421
Cash flow from financing activities
Repayment of long term loans
Interest pald
1180,8611
11.8611
16041
Net cash flow from financing artlvities
16041
1182.722)
Net Increase I Ide¢rea5e) in cash and cash equivalents
303,962
1115,8421
Cash and cash equlvalents at I September 2024
306,537
422,379
Cash and cash equlvalents at 31 August 2025
610,499
306,537
The notes on pages 16 to 24 form part of these financial statement5
RELEASIPIG
POTENTIAL

IIELEASING POTENTIAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
16
l General informatlon
Releasing Potential Limited is a charitable company, limited by guarantee. incorporated in England and Wales
under the Companies Att 2006 and Charities Act 2011. The address of the registered office is provided in charity
information on page l. Details of the CharIt￿S operations are provided in the Annual Report of the Trustees.
2 Accountlnz pollcles
The prirbcipal accounting policies adopted, judgements and key sources of estimation uncertainty in the
preparation of the financial statements are as follows-
2.1 Basis of preparation
The Charity constitutes a public benefit entity as defined by FRS 102. The financlal ststements have been
prepared on a going concern basis, under the historital cost convention in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Prartice applicable to charities preparing their account5 in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
Icharities SORP 2019 IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021, the Companies Act 2006 and the Charities Act 2011.
2.2 Accounting convention
The financial statements have been prepared on a going concern ba515 as the Trustees believe that no material
uncertainties exist. The Trustees have considered the level of funds held and the expected level of Income and
expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is
sufficient with the level of reserves for the Charity to be able to continue as a going concern.
2.3 Income
All income is included in the statement of Financial Activities when the Charity is legally entitled to the funds. anv
performance conditions attached to the income have been met. it is probably that the income will be received
and the amount can be measured reliably.
Donation5 are recognised when the Charity has been notified in writing of both the amount and settlement date.
In the event that a donation is subject to conditions that require a level of performance before the Charity is
entitled to the funds, the income is deferred and not recognised until those conditions are fully met. Gift aid is
recognised in the period trading subsidiaries have made an irrevocable commitment to pay their taxable profits.
When donors specify that donations and grants, including capital grants, are for particular restricted purposes,
which do not amosjnt to pre-conditions reBarding entitlement, this income is included in incoming resources of
restricted funds when receivable.
2.4 Expenditure
Liabilities are recognised on the accrua15 basi5. Expenditure is recognised in the period in which it is incurred and
includes any attributable VAT which cannot be recovered. Costs which are identified as relatlng to restrirted
activities are allocated directly to those activities. Costs which relate to the general running of the Charity are
allocated against unrestricted funds, and within the statement of financial activities these expènses are shown as
costs of Benerating funds and costs in furtherance of charitable objects. An apportionment of certain costs has
been carried out on the basis of time spent by staff on the various actlvities.
2.5 Tangible fixed assets and depreciation
Tangible fixed assets costing more than £500 are capitalised at cost. Depreciation is provided at rates calculated
to write off the cost les5 estimated residual value of each asset over its expected useful life, as follows..
Freehold buildings
Boats
Plant and machinery
Motor vehicles
Fixtures and office equipment
equal annual instalments over 50 years
equal annual instalments over 5 to 10 years
25% on reducing balance
25% on reducing balance
25% on reducing balance
RELEASING
VOTENTIAL

RELEASING POTENTIAL UMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.6 Stocks
Stocks are stated at the lower of c05t and estimated selling price less costs to complete and sell. Cost includes all
costs of purchase, cost5 of conversion and other cost5 incurred in bringing stock to it5 present lotation and
condition. Cost is calculated using the first-in, first-out fomula. Provision is made for damaged, obsolete and
slow-movinE Stock where appropriate.
17
2.7 Restricted and designated funds
Restricted funds are funds subject to specific conditions imposed 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 accounts.
The net book value of fixed assets at each year end not subject to mortgage or other loans is shown as a separate
designated fund.
2.8 Leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities as incurred.
2.9 Pension contributions
The Charity contributes to individual staff personal pension plans in accordance with their contract5 of
employment. Contributions payable for the year are included in the Statement of Financial Actlvitie5.
2.10 Taxation
The Charity is an exempt Charity within the meaning of schedule 3 of the Charities Art 2011 and is considered to
pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the detinition of a
charitable company for UK corporation tax purposes.
2.11 Financial instruments
CIGTSSificotion
Financial assets and fSnanclal Ilablllties are recognSsed when the Charity becomes a party to the contractual
provisions of the Instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of
the Charity after deducting all of its Ilèbilities.
Recognition and meosurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except
for those financial asset5 classified a5 at fair value through profit or10s5, which are initially measured at fair value
Iwhich 15 normally the transaction price excluding transaction costs), unless the arrangement tonstitutes a
financing transaction5. If an arrangement constitutes a financing transaction, the financial asset or financial
liability Is measured at the present valve of the future payments discounted at a market rate of interest for
similar debt instruments.
Financial assets and liabilitie5 are only offset in the statement of financial position when. and only when there
exists a legally enforceable right to set off the recognised amounts and the Charity intends either to settle on
net basis, or to realise the asset and settle the liability simultaneouslv.
Financial a55ets are derecognised when and only when al the contractual rights to the cash flows from the
financial asset expire or are settled, bl the Charity transfers to another party substantially all of the risks and
rewards of ownership of the financial asset, or cl the charity, despite having retained some, but not all,
significant risks and rewards of ownership, has transferred control of the asset to another partv.
Financlal liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or
expires.
Pf UEASIPIG
POTENTIAL

RELEASING POTENTIAL LIMITED
NOTE5 TO THÉ FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
18
3 Donations and similar income
Unrestricted funds
2025
2024
Restricted funds
2025
2024
Total fund5
2025
2024
Donations
1,416
5,883
1,416
5,883
1,416
5,883
1,416
5,883
4 Grants received for •rtivities
Unrestricted funds
2025
2024
Restricted funds
2025
2024
Total funds
2025
2024
Duke of Edinburgh'5 Award
Foyle Foundation
Oakmoor Charitable Trust
West Sussex County Council
1,776
1,776
2,000
20,000
2,000
20,000
8,950
8,950
8,950
1,776
22,000
10,726
22,000
5 Investment incorne
Unrestricted funds
2025
2024
Restricted funds
2025
2024
Total funds
2025
2024
Bank interest
Rents received
14,391
1,420
7,957
1,020
14,391
1,420
7,957
1,020
15,811
8,977
15,811
8,977
6 Costs ol ralslng funds
Unrestricted funds
2025
2024
Restricted fund5
Total funds
2025
2024
2025
2024
Web slte and other
promotional costs
8,489
318
8,489
318
8,489
318
8,489
318
RELEASIP4G
POTENTIAL

RELEASING POTENTIAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOA THE YEAR ENDED 31 AUGUST 2025
19
7 Expenditure on charftsble activitie5
Unrestricted funds
2025
2024
Restricted funds
2025
2024
Total funds
2025
2024
Staff costs
Direct costs
1,575,264 1,362,208
239,282
186.528
238,088
229,837
16,695
14,487
2,069,329 1,793,060
1,575,264
241,873
238,088
16.695
2,071,920
1,362,208
208,213
229,837
14,487
1,814,745
2,591
21.685
Support costs
Governance costs
2.591
21,685
Unrestricted fund5
2025
2024
Restricted funds
2025
2024
Total funds
2025
2024
Staff costs
Employee costs
Recruitment
Training
Clothing
Other staff costs
Subcontractors and external
provision
1,508,452 1,308,073
2.166
3.669
11,511
7.312
4,005
2.207
489
650
1.508,452
2,166
11.511
4,005
489
1,308,073
3,669
7,312
2,207
650
48,641
40,297
48,641
40,297
1,575,264 1,362.208
1,575.264
1,362,208
Direct costs
Activity costs and
equipment
Boat costs
Insurance
Motor and travel costs
Depreciation
IProfitl/loss on sale of
assets
93.622
56,011
2,591
21,685
96.213
77,696
5.530
24,764
63,28S
45,630
10,603
21,725
54,112
43,580
5.530
24,764
63,285
45,630
10,603
21,725
54,112
43.580
6,451
497
6,451
497
239,282
186,528
2,591
21,685
241,873
208,213
Su
ort Costs
Property Costs
Office costs
Finance charges and
interest
145,781
91,703
154.249
73.727
145,781
91,703
154,249
73,727
604
1.861
604
1,861
238,088
229,837
238,088
229,837
Governance costs
Auditor's rernuneration
Professional fees
Management costs
Other governance costs
6.625
4.194
175
5,701
5.818
2,318
6,625
4,194
175
5,818
2,318
6,351
14,487
5,701
16.695
6,351
16,695
14,487
PEIEASINC
POTENTIAI

RELEASING POTENTIAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
20
8 Net income I (expenditure) for the year
Net income / lexpenditurel is stated after charging / Icreditingl-
2025
2024
Depreciation of tangible fixed assets
IProfitl / loss on disposal of fixed asset investment
IProfitl / loss on disposal of tangible fixed asset5
Operating lease payments
- propertv
other
audit services
other services
45,630
43,580
io
497
75,741
7,922
5,600
218
6,451
73.340
7,335
5,785
840
Auditor'5 remuneration..
9 Employee costs
No remuneration or expenses were paid to Trustees in the year12024.. £nlll. The costs of the remaining staff
employed by the Charity were..
2025
2024
Wages and salaries
Social securlty costs
Pension costs
1,304,835
121,330
82,287
1,137,434
97,907
72.732
1,508,452
1,308,073
During the year, l employee earned more than £60,000 12024: 11. The average full time equivalent number of
staff employed during the year were a5 follows..
2025
2024
No
32.77
6.97
1.12
40.86
Operational
Support
Governance
30.33
6.78
1.05
38.16
The average numberof staff employed bythe Charity IHeadcountl
43.92
42.67
10 Defined contrlbutlon penslon scheme
The Charity operates a defined contribution pension scheme. The pension c05t charge for the period represents
contributions payable by the Charity to the scheme and amounted to £82,28712024.' £72,732).
There was £13,46612024.. £11,804) outstanding contributions at the end of the financial year.
AELÉASING
POTENTIAL

RELEASING POTENTIAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
21
11 Tangible fixed a55ets
Fixtures &
office
equipment
Freehold
Property
Plant &
Machinery
Motor
vehicles
Boats
Total
Cost
At I September 2024
Additions
Disposals
At 31 August 2025
592,551
35,326
20,000
17.6001
47,726
137,792
10,939
114,0001
134,731
105,437
51,544
122,3921
134,589
58,373
21,385
121,5541
58,204
929,479
103,868
165,5461
967,801
592,551
Depreciation
At I September 2024
Charge for the year
Eliminated on disposa15
At 31 August 2025
72,966
10,491
8.385
6,378
11,8401
12,923
96,738
10,408
18,3831
98,763
86.164
11,260
120,4161
77,008
43.310
7,093
119,4791
30,924
307,563
45,630
150,1181
303,075
83,457
Net book value
At 31 August 2025
509,094
34,803
35.968
57,581
27,280
664,726
At 31 August 2024
519,585
26,941
41,054
19,273
15,063
621,916
12 Stocks
2025
2024
Goods for resale
534
794
13 Debtors: amounts falling due within one year
2025
2024
Operational debtors
Other debtors and prepayments
14,393
53,766
68,159
8,668
105,484
114,152
14 Creditors: amounts falllng due wlthin one year
2025
2024
Operational creditors
Social security and other taxe5
Other creditors and accruals
31,380
29.227
64,745
125,352
23,939
21.475
22,011
67,425
RELEAS1tr4G
POTENTIAL

REIEASING POTENTIAL LIMITED
NOTESTOTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST2025
22
15 Funds
8alance at
Incoming
I September resource5
2024
Re50urces
expended
Balance at
31 Au8USt
2025
Transfers
2025
Reslricted income fvnds
Equipment Grant
Activities Grant
815
1,438
338
1,776
12,2531
13381
12,5911
815
Unrestrlcted Income funds
Designated fixed asset reserve
General fund
621,916
353,243
975,159
42,810
142,8101
664,726
553,840
1,218,566
2,321,225
2,321,225
12,077,818)
12,077,818)
Total fund5
975.974
2.323,001
12,080,409)
1.218,566
Balance at
Incoming
I September resources
2023
Resources
expended
Balance at
31 August
2024
Transfers
2024
Restrlcted Income funds
Equipment Grant
Sailing Programme
500
2,000
20,000
22,000
11,6851
120,0001
121,6851
815
500
815
Unrestricted income funds
Designated fixed asset reserve
General fund
487,666
403,636
891,302
134,250
1,877,235
11,793,378) 1134,2501
1.877,235 11,793,378)
621,916
353,243
975,159
Total funds
891.802
1,899,235
11,815,063)
975,974
lal Grants were received from private trusts to fund specific programmes in outdoor leadership and sailing.
Ibl The balance on the designated fixed asset reserve represents the net book value of fixed assets financed by
Charity reserves.
RELEASIWG
POTÉNTIAL

RELEASING POTENTIAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
16 Analysls of net assets between fvnd5-
23
Unrestricted Designated
funds
funds
Restricted
funds
Total
fund5
2025
Tangible fixed assets
Net current assets
664,726
664.726
553,840
1,218,566
553,840
553,840
664,726
Unrestricted Designated
funds
funds
Restricted
funds
Total
funds
2024
Tangible fixed assets
Net current assets
621,916
621,916
354,058
975,974
353,243
353,243
815
815
621,916
17 Operating lease commltments
At 31 August 2025 the Charity ha5 future minimum lease commitments as follows..
Propertv
Other
Total
Not later than l year
Later than l year and not later than 5 years
Later than 5 year5
51,864
139,211
13,125
204,200
6,602
10.728
58,466
149,939
13,125
221,530
17,330
18 Reconclliation of net income to net cash flow from operating artivities
2025
2024
Net income for the year
242,592
84,172
Investment income receivable
Interest payable
Depreciation and impairment of tanEible fixed asset5
(Profit) / loss on disposal of tangible fixed assets
Loss on disposal of *ixed asset investment
VAT claimed on pre-registration fixed asset Costs
Ilncreasel / decrease in stock
Ilncrea5el / decrease in debtors
Increase / Idecreasel in creéitors
Net cash flow from operating activities
115,8111
604
45,630
6.451
18,9771
1,861
43.580
497
io
42,453
6,730
167,8761
14,628
260
45.993
57,927
383,646
97,822
ELEASING
POTENTIAL

RELEASING POTENTIAL LIMITED
NOTESTO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
24
19 Flnancial Instruments
Categorisation of financial instrument5
2025
2024
Financial assets that are debt instrument measured at amortised c95ts
631,748
322,909
Financial liabilities measured at amortised costs
125,352
67,425
Ilerns of intome, expense• gains orlosses
The total interest income for financial assets not measured at fair value through profit or loss is £14,391 12024:
£7,957).
20 Related party transactions
No Trustee has received any remuneration, expenses or benefits from the Charity during the year, in their
capacity as a Trustee.
Mr M King (Trusteel was employed during the year as the Chief Executive Officer and his salary is included in note
9. Mr M King abstained from any decisions related to his employment.
Mr P Stanway's (Trusteel son Mr D Stanway was employed during the year and hi5 salary is included in note 9.
Mr P Stanway abstained from any decisions related to his employment.
RELEASING
POTENTIAL