Digitally Signed Document Document ID: 9043F95936F642 Document Details 1931- Filleted Accounts - Adopt a Potter **Filename:** Limited.PDF ~~Ee~~ **Client of:** Thompson Wright ~~==~~ Signature Details **Name:** Lesley Cartmell ~~££~~ **Email:** ljcartmell@gmail.com ~~<_<~~ **Date & Time:** 24/02/2026 10:43:38 AM (GMT) ~~<_<~~ **IP Address:** 213.123.233.223 ~~<_<~~ Lesley Cartmell confirms that the information is **Signing Statement:** correct and complete to the best of their knowledge and belief. ## Digital Certificate The approved PDF file has been digitally certified.Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with. **On behalf of:** Thompson Wright ~~££~~ **PDF digital certificate:** IRIS Software Group Limited ~~=<~~ **Digital certificate issued by:** GlobalSign ~~==~~ Please keep a copy of this document for your records. Thompson Wright Online is powered by IRIS OpenSpace. ``` 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`** ``` 1173174 ``` ## **`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 ```