2025-06-30-accounts - Adopt A Potter Limited

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REGISTERED COMPANY NUMBER: 10579527 (England and Wales)
REGISTERED CHARITY NUMBER: 1173174

Trustees' Report and
Unaudited Financial Statements
for the Year Ended 30 June 2025

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 2025

		`Page`
`Trustees' Report`	`1`	`to`	`2`
`Independent Examiner's Report`		`3`
`Statement of Financial Activities`		`4`
`Balance Sheet`		`5`
`Notes to the Financial Statements`	`6`	`to`	`11`

Adopt A Potter Limited (Registered number: 10579527)

`Trustees' Report for the Year Ended 30 June 2025`

TheTrustees,whoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwith the
financialstatementsofthecharityfortheyearended30June2025.ThetrusteeshaveadoptedtheprovisionsofAccounting and
Reportingby Charities:Statementof RecommendedPracticeapplicableto all charitiespreparingtheir accountsin accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 - effective 1 January 2015)

Adopta PotterLimitedwasestablishedto takeoverfromAdopta PotterCharitableTrust.Thetwocompaniesran parallelfrom 1
July2017.AdoptaPotterCharitableTrustwasclosedon30June2019anditsassetsmergedintoAdoptaPotterLimitedon that
day.

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

The objectives of Adopt a Potter Limited are as follows:

(i)AdvancingtheeducationofstudentceramicistsatClayCollege,Stoke-onTrent,byprovidingandassistingintheprovision of
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 direction from
the experienced potters.

(iv)Therebyfittheapprenticepotterstobeproactiveasceramicistsandcontributetothecontinuedgrowthanddevelopment of
the ceramic art.

(v)Developthe publicappreciationof the ceramicartsthroughexposureto the workof the apprenticepottersand through public
courses to be held at Clay College, Stoke-on-Trent.

`STRATEGIC REPORT`

`Achievements and performance`

`Charitable activities`

Thefinancialyearstartedverywellwiththegraduationofthethirdcohortoffull-timestudents.VerysuccessfulDiploma Shows
wereheldin bothStoke-onTrentandLondon.Thehighqualityandwiderangeofworkwasa testamenttothehardworkof the
students as well as to the depth and breadth of the course.  All of these (now former) students are now working as ceramicists.

A new collegemanagerstartedin August,and we welcomedthe fourthcohortof full-timestudentsin September.Theyall settled
in quickly and had made excellent progress by the end of their first year.

OvertheyearAdoptAPottersponsoredthreeapprenticeswithdifferentpotters.TheonewhostartedinJanuary'24 completed
her year and another started in February.  In addition, there was a third apprentice who began her year in October '24.

`Financial review`

`Financial position`

Net incomeforthe yearshoweda deficitof £40,396(2024surplus:£673).Thisrepresentedincomeof £253,210(2024: £246,284)
and expenditure of £293,606 (2024: £245,611).

Incomefrom coursesand classeswas down £22,000but donationincomewas up £9,000,and gallerysales were up £20,000due to
the biennial diploma show.

Increasedexpenditurecame aboutfrom increasedmaterialscosts,increasedtutor costs,and the introductionof a gallery manager
into the college. Student commission was also a cost this year, again due to the diploma show.

Studenttrips costswere down as there was no trip to Japan this year. That is also biennial,since the studentcoursesare two years
in length.

ThenextJapantripwillbefundedbyanextremelykinddonationof£30,000receivedthisyear,whichisshowninthe restricted
College Trips fund.

At the end of the periodthe bursaryaccountcontained£109,980(2024:£127,980).£28,000was paid out in bursariesbut this was
partly offset by £10,000 of very generous donations to the scheme.

Page 1

Adopt A Potter Limited (Registered number: 10579527)

`Trustees' Report for the Year Ended 30 June 2025`

`STRATEGIC REPORT`

`Future plans`

Withthecurrentcohortofstudentsat thestartoftheirtwo-yearDiplomawearelookingforwardtoseeingtheirdevelopment as
potters.

We expect to see growthin the offeringof masterclassesand eveningclassesto the publicand have a range of exhibitions planned
for the gallery.  All of which help to spread ceramics to a wider audience.

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

The Charityis controlledby its governingdocument,Memorandumand Articlesof Association,and constitutesa limited 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`

`Registered office`

Maze Hill Pottery
The Old Ticket Office
Woodlands Park Road
London
SE10 9XE

`Trustees`

Lisa Hammond Director
Julian Miller (appointed 1.3.25)
Joanna Seaton Director
Lesley Cartmell Director
Darren Lee Ellis Director
Elaine Jill Wells Director
Allen Rod Mearing Director (appointed 28.2.25)

`Independent Examiner`

Thompson Wright Limited
Chartered Accountants
Ebenezer House
Ryecroft
Newcastle under Lyme
Staffordshire
ST5 2BE

ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct2006relatingto small
companies.

Trustees'report,incorporatingastrategicreport,approvedbyorderoftheboardoftrustees,asthecompanydirectors, on
20 February 2026 and signed on the board's behalf by:

Lisa Hammond - Trustee

Page 2

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 2025.

`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').

HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006Actand are
eligiblefor independentexamination,I reportin respectof my examinationof yourcharity'saccountsas carriedout under Section
145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenbythe Charity
Commission under Section 145(5) (b) of the 2011 Act.

`Independent examiner's statement`

Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.IcanconfirmthatI am
qualifiedtoundertaketheexaminationbecauseIamamemberoftheInstituteofCharteredAccountantsinEnglandand Wales,
which is one of the listed bodies.

I have completedmy examination.I confirmthat no mattershave cometo my attentionin connectionwith the examination giving
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 have no concernsand have come across no other matters in connectionwith the examinationto which attentionshould be 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 February 2026

Page 3

Adopt A Potter Limited

`Statement of Financial Activities for the Year Ended 30 June 2025`

`Unrestricted` `fund` `Notes` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `2` `15,620` `Charitable activities` `5` `Education` `129,812` `Other trading activities` `3` `45,205` `Investment income` `4` `4,573` `Total` `195,210` `EXPENDITURE ON` `Charitable activities` `General` `197,774` `Education` `15,399` `Other trading activities` `52,433` `Total` `265,606` `NET INCOME/(EXPENDITURE)` `(70,396)` `RECONCILIATION OF FUNDS` `Total funds brought forward` `236,183` `TOTAL FUNDS CARRIED FORWARD` `165,787`	`Restricted` `funds` `£` `30,000` `28,000` `-` `-` `58,000` `-` `28,000` `-` `28,000` `30,000` `-` `30,000`	`2025` `Total` `funds` `£` `45,620` `157,812` `45,205` `4,573` `253,210` `197,774` `43,399` `52,433` `293,606` `(40,396)` `236,183` `195,787`	`2024` `Total` `funds` `£` `36,342` `179,929` `25,369` `4,644`
			`246,284`
			`186,562` `42,603` `16,446`
			`245,611`
			`673` `235,955`
			`236,628`

The notes form part of these financial statements

Page 4

Adopt A Potter Limited (Registered number: 10579527)

`Balance Sheet`

`30 June 2025`

`Unrestricted` `fund` `Notes` `£` `CURRENT ASSETS` `Debtors` `9` `827` `Cash at bank and in hand` `191,124` `191,951` `CREDITORS` `Amounts falling due within one year` `10` `(26,164)` `NET CURRENT ASSETS` `165,787` `TOTAL ASSETS LESS CURRENT LIABILITIES` `165,787` `CREDITORS` `Amounts falling due after more than one year` `11` `-` `NET ASSETS` `165,787` `FUNDS` `12` `Unrestricted funds` `Restricted funds` `TOTAL FUNDS`	`Restricted` `funds` `£` `2,450` `137,530` `139,980` `-` `139,980` `139,980` `(109,980)` `30,000`	`2025` `Total` `funds` `£` `3,277` `328,654` `331,931` `(26,164)` `305,767` `305,767` `(109,980)` `195,787` `165,787` `30,000` `195,787`	`2024` `Total` `funds` `£` `3,674` `369,648`
			`373,322` `(8,714)`
			`364,608`
			`364,608` `(127,980)`
			`236,628`
			`236,628` `-`
			`236,628`

ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended
30 June 2025.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyearended30June2025 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.

These financialstatementshave been preparedin accordancewith the provisionsapplicableto charitablecompaniessubjectto  the
small companies regime.

The financialstatementswere approvedby the Board of Trusteesand authorisedfor issue on 20 February2026 and were signed  on
its behalf by:

Lisa Hammond - Trustee

Lesley Cartmell - Trustee

The notes form part of these financial statements

Page 5

Adopt A Potter Limited

`Notes to the Financial Statements for the Year Ended 30 June 2025`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,havebeen prepared in
accordancewith the CharitiesSORP (FRS 102) 'Accountingand Reportingby Charities:Statementof Recommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
andRepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancialstatementshave been
prepared under the historical cost convention.

Thefinancialstatementsarepreparedinsterling,whichisthefunctionalcurrencyofthecharity.Monetaryamounts in
these financial statements are rounded to the nearest £.

`Income`

All incomeis 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`

Liabilitiesare recognisedas expenditureas soon as there is a legal or constructiveobligationcommittingthe charityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have 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.Restrictions arise
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.Contributionspayabletothe charitable
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`	`2025` `£` `41,145` `4,475` `45,620`	`2024` `£` `18,303` `18,039`
		`36,342`

continued...

Page 6

Adopt A Potter Limited

`Notes to the Financial Statements - continued for the Year Ended 30 June 2025`

`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`	`2025` `£` `45,205` `-` `-` `45,205` `2025` `£` `4,573` `2025` `£` `124,662` `21,225` `11,925` `157,812`	`2024` `£` `24,756` `200` `413` `25,369` `2024` `£` `4,644` `2024` `£` `129,500` `21,690` `28,739`	`2024` `£` `24,756` `200` `413`
			`25,369`
		`179,929`

`6. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2025norfortheyear ended
30 June 2024.

`Trustees' expenses`

The charity trustees were not paid or received any other benefits from employment.

The charity issued reimbursements totalling £1,114 during the year to 2 of the 5 trustees.

`Travel` `Accomodation` `£` `£` `J. Seaton` `62` `L. Hammond` `781` `271` `STAFF COSTS` `Wages and salaries` `Social security costs` `Other pension costs`	`2025` `£` `112,951` `4,924` `1,528` `119,403`	`2024` `£` `95,296` `1,055` `2,016`
		`98,367`

`7. STAFF COSTS`

The average monthly number of employees during the year was as follows:

`Administration` `Charitable activities`	`2025` `2` `2` `4`	`2024` `1` `3`
		`4`

No employees received emoluments in excess of £60,000.

continued...

Page 7

Adopt A Potter Limited

`Notes to the Financial Statements - continued for the Year Ended 30 June 2025`

`8.` `2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES` `Unrestricted` `fund` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `36,342` `Charitable activities` `Education` `215,129` `Other trading activities` `25,369` `Investment income` `4,644` `Total` `281,484` `EXPENDITURE ON` `Charitable activities` `General` `186,562` `Education` `42,603` `Other trading activities` `16,446` `Total` `245,611` `NET INCOME/(EXPENDITURE)` `35,873` `RECONCILIATION OF FUNDS` `Total funds brought forward` `200,755` `TOTAL FUNDS CARRIED FORWARD` `236,628` `9.` `DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR` `Trade debtors` `Prepayments`	`Restricted` `funds` `£` `-` `(35,200)` `-` `-` `(35,200)` `-` `-` `-` `-` `(35,200)` `35,200` `-` `2025` `£` `188` `3,089` `3,277`		`Total` `funds` `£` `36,342` `179,929` `25,369` `4,644`
			`246,284`
			`186,562` `42,603` `16,446`
			`245,611`
			`673` `235,955`
			`236,628`
			`2024` `£` `3,054` `620` `3,674`

continued...

Page 8

Adopt A Potter Limited

`Notes to the Financial Statements - continued for the Year Ended 30 June 2025`

10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
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
College trips fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Bursary
College trips fund
TOTAL FUNDS 2025
2024
£
£
8,920
2,168
2,000
1,556
340
-
14,904
4,990
26,164
8,714
2025
2024
£
£
109,980
127,980
Net
movement
At
At 1.7.24
in funds
30.6.25
£
£
£
236,183
(70,396)
165,787
-
30,000
30,000
236,183
(40,396)
195,787
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
195,210
(265,606)
(70,396)
28,000
(28,000)
-
30,000
-
30,000
58,000
(28,000)
30,000
253,210
(293,606)
(40,396)

continued...

Page 9

Adopt A Potter Limited

`Notes to the Financial Statements - continued for the Year Ended 30 June 2025`

`12. MOVEMENT IN FUNDS - continued`

`Comparatives for movement in funds`

		`Net`
		`movement`	`At`
	`At 1.7.23`	`in funds`	`30.6.24`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`200,755`	`35,873`	`236,628`
`Restricted funds`
`Bursary`	`35,200`	`(35,200)`	`-`
`TOTAL FUNDS`	`235,955`	`673`	`236,628`
`Comparative net movement in funds, included in the above are as follows:`
	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`281,484`	`(245,611)`	`35,873`
`Restricted funds`
`Bursary`	`(35,200)`	`-`	`(35,200)`
`TOTAL FUNDS`	`246,284`	`(245,611)`	`673`
`A current year 12 months and prior year 12 months combined position is as`	`follows:`
		`Net`
		`movement`	`At`
	`At 1.7.23`	`in funds`	`30.6.25`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`200,755`	`(34,523)`	`166,232`
`Restricted funds`
`Bursary`	`35,200`	`(35,200)`	`-`
`College trips fund`	`-`	`30,000`	`30,000`
	`35,200`	`(5,200)`	`30,000`
`TOTAL FUNDS`	`235,955`	`(39,723)`	`196,232`

continued...

Page 10

Adopt A Potter Limited

`Notes to the Financial Statements - continued for the Year Ended 30 June 2025`

`12. MOVEMENT IN FUNDS - continued`

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` `Restricted funds` `Bursary` `College trips fund` `TOTAL FUNDS`	`Incoming` `resources` `£` `476,694` `(7,200)` `30,000` `22,800` `499,494`	`Resources` `Movement` `expended` `in funds` `£` `£` `(511,217)` `(34,523)` `(28,000)` `(35,200)` `-` `30,000` `(28,000)` `(5,200)` `(539,217)` `(39,723)`

Thebursaryfundexiststoprovidefinancialassistanceinpayingfulltimecollegefeesforthosestudentswhoarein need.
The revenueis recognisedin the academicyear of the student.Costsassociatedto the studentare coveredby the bursary
up to, but not exceeding,  the declared amount.

The company holds deferred income in respect of students fees in future years.

The college trips fund exists to provide educational excursions for the students.

`13. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 30 June 2025.

Page 11