``` REGISTERED COMPANY NUMBER: 10579527 (England and Wales) REGISTERED CHARITY NUMBER: 1173174 ``` ``` Trustees' Report and ``` ``` Unaudited Financial Statements for the Year Ended 30 June 2024 ``` ``` for ``` ``` Adopt A Potter Limited ``` ``` Thompson Wright Limited Chartered Accountants Ebenezer House Ryecroft Newcastle under Lyme Staffordshire ST5 2BE ``` ``` Adopt A Potter Limited ``` ``` Contents of the Financial Statements for the Year Ended 30 June 2024 ``` |||**`Page`**|| |---|---|---|---| |**`Trustees' Report`**|`1`|`to`|`3`| |**`Independent Examiner's Report`**||`4`|| |**`Statement of Financial Activities`**||`5`|| |**`Balance Sheet`**|`6`|`to`|`7`| |**`Notes to the Financial Statements`**|`8`|`to`|`13`| |**`Detailed Statement of Financial Activities`**|`14`|`to`|`15`| ``` Adopt A Potter Limited ``` ## **`Trustees' Report for the Year Ended 30 June 2024`** ``` TheTrustees,whoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwiththe financial statementsofthecharityfortheyearended30June2024.ThetrusteeshaveadoptedtheprovisionsofAccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletoallcharitiespreparingtheiraccountsinaccordancewiththe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 - effective 1 January 2015) ``` ``` Adopta PotterLimitedwasestablishedto takeoverfromAdopta PotterCharitableTrust.Thetwocompaniesran parallelfrom1 July 2017. Adopt a Potter Charitable Trust was closed on 30 June 2019 and its assets merged into Adopt a Potter Limited on that day. ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` The objectives of Adopt a Potter Limited are as follows: ``` ``` (i) Advancingthe educationof student ceramicistsat Clay College,Stoke-onTrent,by providingand assistingin the provisionof facilities for ceramics education at that college. ``` ``` (ii)Providingsupporttoenableceramiciststotakeuptrainingapprenticeshipswithexperiencedpotters,therebytofurnish the apprentice ceramicists with practical experience and training. ``` ``` (iii)To developthe practicalskills,creativedirectionand visionof the apprenticeceramiciststhroughmentoringand directionfrom the experienced potters. ``` ``` (iv)Therebyfittheapprenticepotterstobeproactiveasceramicistsandcontributetothecontinuedgrowthanddevelopmentof the ceramic art. ``` ``` (v)Developthepublicappreciationoftheceramicartsthroughexposuretotheworkoftheapprenticepottersandthrough public courses to be held at Clay College, Stoke-on-Trent. ``` ## **`STRATEGIC REPORT`** ## **`Achievement and performance`** ## **`Charitable activities`** ``` The Collegeran very smoothlyoverthe year.The new collegemanagerstartedin in the beginningof July and workedfor a year to see thecurrentcohortofstudentsthroughtheirfinalyear.AstudytriptoJapaninlateFebruaryandearlyMarchprovedtobea huge success.Studentsstayedin the potterytownof Mashikowherethey met withseveralrenownedJapanesestudiopottersand explored their work and studios. This was followed by a few days in Tokyo where they visited museums and ceramics exhibitions. ``` ``` Studentsspent the summerterm workingtowardtheir final projectsand preparingfor their graduationshow.The high standardof the work produced is a testament to their hard work and individuality. ``` ``` Over the financialyear there were two Adopta a Potterapprentices.The one who began their tenure last year in April continued their year and another started in January. For three months two apprentices (with different host potters) were funded. ``` ## **`Financial review`** ## **`Financial position`** ``` Netincomefortheyearshowedasurplusof£673(2023:£41,325).Thisrepresentedincomeof£246,284(2023:£226,668) and expenditureof £245,611(2023:£185,343).Highercostsof gas and electricityas well as a return to being fully staffedall contributed to the greater level of underlying expenses as did the trip to Japan. ``` ``` At the end of the period the bursary accountcontained£127,980(2023: £135,180).This is a decreaseof just over £7,000over the year. £35,200 was paid out in bursaries but this was largely offset by some very generous donations to the scheme. ``` ``` Page 1 ``` ``` Adopt A Potter Limited ``` ## **`Trustees' Report`** ## **`for the Year Ended 30 June 2024`** ## **`STRATEGIC REPORT`** ## **`Future plans`** ``` ThecurrentcohortofstudentsfinishedtheirdiplomaattheendofJulyandheldtheirgraduationshowinbothLondonandStoke on Trent. A new intake of 14 student will begin the course in September. ``` ``` Inaddition,wehaveanexcitingscheduleofexhibitionsplannedforgalleryovertheyearandhaveanewgallerymanagerwho will curate them. ``` ``` We alsohavea newCollegemanagerstartingin August.We are lookingto expandourrangeoftutorsforthe diplomato offer greater variety to the students. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` TheCharityiscontrolledbyitsgoverningdocument,MemorandumandArticlesofAssociation,andconstitutesalimited company, limited by guarantee as defined by the Companies Act 2006. ``` ## **`Recruitment and appointment of new trustees`** ``` TrusteesarechosenfortheskillstheybringtotheBoard.Threearepotterswhomaketheirlivingfromceramicsandthey have extensiveexperienceinteachingceramics.TheotherTrusteesbringspecificbusinessskillstothegroup,fromlaw,finance, publishing and high-level corporate management. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`** ``` 10579527 (England and Wales) ``` ## **`Registered Charity number`** ``` 1173174 ``` ## **`Registered office`** ``` Maze Hill Pottery The Old Ticket Office Woodlands Park Road London SE10 9XE ``` ## **`Trustees`** ``` Lisa Hammond Director Joanna Seaton Director Lesley Cartmell Director Darren Lee Ellis Director Karen Ann Bunting Director (resigned 1.12.23) Elaine Jill Wells Director ``` ## **`Independent Examiner`** ``` Thompson Wright Limited Chartered Accountants Ebenezer House Ryecroft Newcastle under Lyme Staffordshire ST5 2BE ``` ``` Page 2 ``` ``` Adopt A Potter Limited ``` ## **`Trustees' Report`** ## **`for the Year Ended 30 June 2024`** ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct2006relatingto small companies. ``` ``` Trustees'report,incorporatingastrategicreport,approvedbyorderoftheboardoftrustees,asthecompanydirectors, on 20 January 2025 and signed on the board's behalf by: ``` ``` Lisa Hammond - Trustee ``` ``` Page 3 ``` ## **`Independent Examiner's Report to the Trustees of Adopt A Potter Limited`** ## **`Independent examiner's report to the trustees of Adopt A Potter Limited ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsiblefor the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` Havingsatisfiedmyselfthat the accountsof the Companyare not requiredto be auditedunder Part16 of the 2006 Act and are eligible forindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsascarriedoutunderSection145of the CharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenbytheCharity Commission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` I havecompletedmy examination.I confirmthatno mattershavecometo my attentionin connectionwiththe examinationgiving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` I havenoconcernsandhavecomeacrossnoothermattersin connectionwiththeexaminationtowhichattentionshouldbe drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` R L Thompson BA (Hons) FCA ``` ``` Thompson Wright Limited Chartered Accountants Ebenezer House Ryecroft Newcastle under Lyme Staffordshire ST5 2BE ``` ``` 20 January 2025 ``` ``` Page 4 ``` ``` Adopt A Potter Limited ``` ## **`Statement of Financial Activities for the Year Ended 30 June 2024`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
`36,342`
`-`
**`Charitable activities`**
`5`
`Education`
`215,129`
`(35,200)`
`Other trading activities`
`3`
`25,369`
`-`
`Investment income`
`4`
`4,644`
`-`
**`Total`**
`281,484`
`(35,200)`
**`EXPENDITURE ON`**
**`Charitable activities`**
`General`
`199,103`
`-`
`Education`
`30,062`
`-`
`Other trading activities`
`16,446`
`-`
**`Total`**
`245,611`
`-`
**`NET INCOME/(EXPENDITURE)`**
`35,873`
`(35,200)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`200,755`
`35,200`
**`TOTAL FUNDS CARRIED FORWARD`**
`236,628`
`-`|`2024`
`Total`
`funds`
`£`
`36,342`
`179,929`
`25,369`
`4,644`
`246,284`
`199,103`
`30,062`
`16,446`
`245,611`
`673`
`235,955`
`236,628`|`2023`
`Total`
`funds`
`£`
`13,223`
`183,542`
`27,854`
`2,049`| |---|---|---| |||`226,668`| |||`121,938`
`26,617`
`36,788`| |||`185,343`| |||`41,325`
`194,630`| |||`235,955`| ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` Adopt A Potter Limited ``` ## **`Balance Sheet 30 June 2024`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`CURRENT ASSETS`**
`Debtors`
`9`
`3,674`
`-`
`Cash at bank and in hand`
`241,668`
`127,980`
`245,342`
`127,980`
**`CREDITORS`**
`Amounts falling due within one year`
`10`
`(8,714)`
`-`
**`NET CURRENT ASSETS`**
`236,628`
`127,980`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`236,628`
`127,980`
**`CREDITORS`**
`Amounts falling due after more than one year`
`11`
`-`
`(127,980)`
**`NET ASSETS`**
`236,628`
`-`
**`FUNDS`**
`12`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`2024`
`Total`
`funds`
`£`
`3,674`
`369,648`
`373,322`
`(8,714)`
`364,608`
`364,608`
`(127,980)`
`236,628`
`236,628`
`-`
`236,628`|`2023`
`Total`
`funds`
`£`
`1,599`
`377,497`
`379,096`
`(7,961)`
`371,135`
`371,135`
`(135,180)`
`235,955`
`200,755`
`35,200`| |---|---|---| |||`235,955`| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended 30 June 2024. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyearended30June2024 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 6 ``` ``` Adopt A Potter Limited ``` ## **`Balance Sheet - continued`** ## **`30 June 2024`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitablecompaniessubjectto the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon20January2025andweresignedon its behalf by: ``` ``` Lisa Hammond - Trustee ``` ``` Lesley Cartmell - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 7 ``` ``` Adopt A Potter Limited ``` ## **`Notes to the Financial Statements for the Year Ended 30 June 2024`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,havebeenprepared in accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:StatementofRecommended Practice applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and RepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard applicablein the UK and Republicof Ireland'and the CompaniesAct 2006.The financialstatementshave been prepared under the historical cost convention. ``` ``` Thefinancialstatementsarepreparedinsterling,whichisthefunctionalcurrencyofthecharity.Monetaryamountsin these financial statements are rounded to the nearest £. ``` ## **`Income`** ``` All income is recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ``` Sources of income are recognised and classified in the notes to the accounts. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that expenditure,it is probablethat a transferof economicbenefitswill be requiredin settlementand the amountof the obligation canbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingstheyhave been allocated to activities on a basis consistent with the use of resources. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable and other related activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictionsarise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ``` ## **`2. DONATIONS AND LEGACIES`** |`Donations`
`Gift aid receipts from HMRC`|`2024`
`£`
`18,303`
`18,039`
`36,342`|`2023`
`£`
`13,223`
`-`| |---|---|---| |||`13,223`| ``` continued... ``` ``` Page 8 ``` ``` Adopt A Potter Limited ``` ## **`Notes to the Financial Statements - continued for the Year Ended 30 June 2024`** ## **`3. OTHER TRADING ACTIVITIES`** |`Gallery sales`
`Other income`
`Kiln hire`
**`4.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`5.`**
**`INCOME FROM CHARITABLE ACTIVITIES`**
`Activity`
`Full time students`
`Education`
`Evening classes`
`Education`
`Masterclasses`
`Education`|`2024`
`£`
`24,756`
`200`
`413`
`25,369`
`2024`
`£`
`4,644`
`2024`
`£`
`129,500`
`21,690`
`28,739`
`179,929`|`2023`
`£`
`27,084`
`200`
`570`
`27,854`
`2023`
`£`
`2,049`
`2023`
`£`
`130,471`
`27,440`
`25,631`| |---|---|---| |||`183,542`| ## **`6. TRUSTEES' REMUNERATION AND BENEFITS`** ``` There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. ``` ## **`Trustees' expenses`** ``` The charity trustees were not paid or received any other benefits from employment. ``` ``` The charity issued reimbursements totalling £1,570 during the year to 2 of the 5 trustees. ``` |`Travel`
`Accomodation`
`£`
`£`
`J. Seaton`
`39`
`215`
`L. Hammond`
`222`
`1,094`
**`STAFF COSTS`**
`Wages and salaries`
`Social security costs`
`Other pension costs`|`2024`
`£`
`95,296`
`1,055`
`2,016`
`98,367`|`2023`
`£`
`65,973`
`(1,005)`
`1,248`
`66,216`| |---|---|---| ## **`7. STAFF COSTS`** ``` The average monthly number of employees during the year was as follows: ``` |`Administration`
`Charitable activities`|`2024`
`1`
`3`
`4`|`2023`
`2`
`2`| |---|---|---| |||`4`| ``` continued... ``` ``` Page 9 ``` ``` Adopt A Potter Limited ``` ## **`Notes to the Financial Statements - continued for the Year Ended 30 June 2024`** ## **`7. STAFF COSTS - continued`** ``` No employees received emoluments in excess of £60,000. ``` ## **`8. 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`13,223`
`-`
**`Charitable activities`**
`Education`
`148,342`
`35,200`
`Other trading activities`
`27,854`
`-`
`Investment income`
`2,049`
`-`
**`Total`**
`191,468`
`35,200`
**`EXPENDITURE ON`**
**`Charitable activities`**
`General`
`121,938`
`-`
`Education`
`26,617`
`-`
`Other trading activities`
`36,788`
`-`
**`Total`**
`185,343`
`-`
**`NET INCOME`**
`6,125`
`35,200`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`194,630`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`200,755`
`35,200`
**`9.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`2024`
`£`
`Trade debtors`
`3,054`
`Prepayments`
`620`
`3,674`||`Total`
`funds`
`£`
`13,223`
`183,542`
`27,854`
`2,049`| |---|---|---| |||`226,668`| |||`121,938`
`26,617`
`36,788`| |||`185,343`| |||`41,325`
`194,630`| |||`235,955`| |||`2023`
`£`
`850`
`749`
`1,599`| ``` continued... ``` ``` Page 10 ``` ``` Adopt A Potter Limited ``` ## **`Notes to the Financial Statements - continued for the Year Ended 30 June 2024`** |**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`Accruals and deferred income`
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`**
`Deferred bursary income`
**`12.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Bursary`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Bursary`
**`TOTAL FUNDS`**|`2024`
`2023`
`£`
`£`
`2,168`
`4,823`
`1,556`
`625`
`4,990`
`2,513`
`8,714`
`7,961`
`2024`
`2023`
`£`
`£`
`127,980`
`135,180`
`Net`
`movement`
`At`
`At 1.7.23`
`in funds`
`30.6.24`
`£`
`£`
`£`
`200,755`
`35,873`
`236,628`
`35,200`
`(35,200)`
`-`
`235,955`
`673`
`236,628`
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`281,484`
`(245,611)`
`35,873`
`(35,200)`
`-`
`(35,200)`
`246,284`
`(245,611)`
`673`| |---|---| ``` continued... ``` ``` Page 11 ``` ``` Adopt A Potter Limited ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 June 2024 ``` ## **`12. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Bursary`
**`TOTAL FUNDS`**
`Comparative net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Bursary`
**`TOTAL FUNDS`**|`Net`
`movement`
`At`
`At 1.7.22`
`in funds`
`30.6.23`
`£`
`£`
`£`
`194,630`
`6,125`
`200,755`
`-`
`35,200`
`35,200`
`194,630`
`41,325`
`235,955`
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`191,468`
`(185,343)`
`6,125`
`35,200`
`-`
`35,200`
`226,668`
`(185,343)`
`41,325`|`At`
`30.6.23`
`£`
`200,755`
`35,200`| |---|---|---| |||`235,955`| |||`41,325`| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.7.22`
`in funds`
`£`
`£`
`194,630`
`41,998`
`194,630`
`41,998`|`At`
`30.6.24`
`£`
`236,628`| |---|---|---| |||`236,628`| ``` A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`472,952`
`(430,954)`
`41,998`
`472,952`
`(430,954)`
`41,998`|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`472,952`
`(430,954)`
`41,998`
`472,952`
`(430,954)`
`41,998`| |---|---|---| |||`41,998`| ``` continued... ``` ``` Page 12 ``` ``` Adopt A Potter Limited ``` ## **`Notes to the Financial Statements - continued for the Year Ended 30 June 2024`** ## **`12. MOVEMENT IN FUNDS - continued`** ``` Thebursaryfundexiststoprovidefinancialassistancein payingfulltimecollegefeesforthosestudentswhoarein need. The revenueisrecognisedintheacademicyearofthestudent.Costsassociatedtothestudentarecoveredbythebursaryup to, but not exceeding, the declared amount. ``` ``` The company holds deferred income in respect of students fees in future years. ``` ## **`13. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 30 June 2024. ``` ``` Page 13 ``` ``` Adopt A Potter Limited ``` ## **`Detailed Statement of Financial Activities for the Year Ended 30 June 2024`** |**`Detailed Statement of Financial Activities`**
**`for the Year Ended 30 June 2024`**||| |---|---|---| ||`2024`|`2023`| ||`£`|`£`| |**`INCOME AND ENDOWMENTS`**||| |**`Donations and legacies`**||| |`Donations`|`18,303`|`13,223`| |`Gift aid receipts from HMRC`|`18,039`|`-`| ||`36,342`|`13,223`| |**`Other trading activities`**||| |`Gallery sales`|`24,756`|`27,084`| |`Other income`|`200`|`200`| |`Kiln hire`|`413`|`570`| ||`25,369`|`27,854`| |**`Investment income`**||| |`Deposit account interest`|`4,644`|`2,049`| |**`Charitable activities`**||| |`Full time students`|`129,500`|`130,471`| |`Evening classes`|`21,690`|`27,440`| |`Masterclasses`|`28,739`|`25,631`| ||`179,929`|`183,542`| |**`Total incoming resources`**|`246,284`|`226,668`| |**`EXPENDITURE`**||| |**`Charitable activities`**||| |`Wages`|`52,096`|`36,087`| |`Social security`|`429`|`(613)`| |`Pensions`|`972`|`724`| |`Evening class tutors`|`7,497`|`6,611`| |`Additional tutors`|`16,926`|`9,830`| |`Masterclass tutors`|`5,639`|`7,309`| |`Studio tools & equipment`|`1,826`|`4,948`| |`Studio materials`|`8,078`|`10,606`| |`Apprentice payments`|`7,000`|`1,500`| ||`100,463`|`77,002`| |**`Other trading activities`**||| |`Wages`|`742`|`12,744`| |`Social security`|`-`|`(329)`| |`Pensions`|`-`|`273`| |`Salaries part time`|`9,481`|`14,931`| |`Gallery expenses`|`6,223`|`9,169`| ||`16,446`|`36,788`| ``` This page does not form part of the statutory financial statements ``` ``` Page 14 ``` ## **`Adopt A Potter Limited`** ## **`Detailed Statement of Financial Activities for the Year Ended 30 June 2024`** |**`Detailed Statement of Financial Activities`**
**`for the Year Ended 30 June 2024`**||| |---|---|---| ||`2024`|`2023`| ||`£`|`£`| |**`Support costs`**||| |**`Management`**||| |`Wages`|`42,458`|`17,142`| |`Social security`|`626`|`(63)`| |`Pensions`|`1,044`|`251`| |`Cleaning, security & caretaking`|`3,459`|`4,233`| |`Service charge`|`5,141`|`5,021`| |`Rent`|`18,000`|`18,000`| |`Rates`|`938`|`1,305`| |`Insurance`|`1,989`|`2,326`| |`Utilities`|`10,920`|`5,637`| |`Telephone & internet`|`273`|`225`| |`Office supplies`|`674`|`941`| |`Website`|`842`|`584`| |`Advertising & marketing`|`2,636`|`739`| |`IT software and consumables`|`84`|`402`| |`Repairs & replacements`|`5,286`|`1,833`| |`Office equipment`|`520`|`162`| |`Trustee expenses`|`1,570`|`793`| |`Postage, freight & courier`|`500`|`1,058`| |`Packaging`|`365`|`202`| |`General expenses`|`6,878`|`2,638`| |`Travel - national`|`2,187`|`824`| |`Travel - international`|`12,541`|`-`| |`Catering`|`1,572`|`556`| ||`120,503`|`64,809`| |**`Finance`**||| |`IZettle fees`|`103`|`464`| |`Bank fees`|`1,088`|`1,170`| ||`1,191`|`1,634`| |**`Governance costs`**||| |`Accountancy and legal fees`|`7,008`|`5,110`| |`Total resources expended`|`245,611`|`185,343`| |**`Net income`**|`673`|`41,325`| ``` This page does not form part of the statutory financial statements ``` ``` Page 15 ```