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Releasing Potential Ltd

Registered charity 1097440 · accounts filings on the Charity Commission register · also known as RELEASING POTENTIAL, RELEASING POTENTIAL 2002 LIMITED

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Latest income
£2.3m
Latest spending
£2.1m
Registered
2003
Accounts read
FY2023

Financial health, per its FY2023 accounts

The charity reported a net incoming resource of £23,769 for the year ended 31 August 2023, with total reserves standing at £887,651. The trustees state that free reserves of £399,485 are sufficient to enable the charity to continue operating in the short term. The accounts were prepared on a going concern basis with no material uncertainties identified.

What the accounts disclose

Reserves policy: sufficient to enable the charity to continue operating in the short term in the event of a significant drop in funding (held: £399k)
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the charity should be sufficient to enable the charity to continue operating in the short term in the event of a significant drop in funding.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Releasing Potential Enterprises Ltd
“The charity's wholly owned subsidiary, Releasing Potential Enterprises Ltd, was established to run Emsworth Outboards.” — page 10
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Scott Vevers Ltd. Discloses 4 of 6 completeness components.

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

Total income
£2.3m
Total spending
£2.1m
Cost of raising funds
£8k
Reserves (reported)
£554k
Employees
44

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Hampshire · West Sussex

Income and spending

Financial year endIncomeSpending
31/08/2025£2.3m£2.1m
31/08/2024£1.9m£1.8m
31/08/2023£1.9m£1.9m
31/08/2022£1.8m£1.7m
31/08/2021£1.6m£1.4m

Common questions

Is Releasing Potential Ltd financially healthy?

The charity reported a net incoming resource of £23,769 for the year ended 31 August 2023, with total reserves standing at £887,651. The trustees state that free reserves of £399,485 are sufficient to enable the charity to continue operating in the short term. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2023 accounts were audited by Scott Vevers Ltd.