Positive Impact
To support our delivery of our objective to be a happy and healthy enterprise that has the best possible impact for people and for a sustainable world, Unlimited Potential has a ‘triple bottom line’ of social, economic and environmental impact.
- Society: promote social development that invests in the strengths of everyone.
- Economy: help to create and maintain a strong, sustainable and socially inclusive economy.
- Environment: protect the environment and ensuring prudent use of natural resources
Our performance against our social value targets for the most recent financial year (2023-2024) was:
| Society | |||
| Criterion | Target | Performance | |
| Numbers in membership | Increase membership by 10% (to 28 total) by 2025 | On the Register of Supporters (members), the number at 31 March, 2024, was 24. | |
| Level of membership activity | Increase the Supporters (members) attending annual meetings by 10% (to 14 total and 38.8% of membership) by 2025 | 11 Supporters (members) – 44.0% – attended the Annual Meeting on 24 October, 2023. | |
| Level of membership activity | Increase the % response to Supporters’ surveys by 10% (to 27.4%) by 2025 | Average of 17.6% response to Supporters’ surveys in April 2023 – March 2024. | |
| Economy | |||
| Criterion | Target | Performance | |
| Ethical Purchasing | Increase the proportion of non-direct/staffing expenditure spent with ethical suppliers [including social and co-operative businesses] by 10% (to 65.3%) by 2025 | The proportion of non-direct/staffing expenditure spent with ethical suppliers was 73.78% in 2023-2024. | |
| Local Employment | Increase the proportion of employees that are local residents [living within 5 miles of normal work base] by 10% (to 73.3%) by 2025 | At 31 March, 2024, 66.7% (6 of 9) employees were local residents (living within five miles of their normal work base). | |
| Environment | |||
| Criterion | Target | Performance | |
| Energy Efficiency | Improve energy efficiency by 10% (to 0.033 tonnes CO₂e per staff member) by 2025 | 0.032 tonnes CO₂e per staff member in 2023-2024. | |
| Waste and Emissions | Reduce waste by 10% (to 9.21 bins per person) by 2025 | Total bins – 14.23 per person in 2023-2024. | |
| Reduce travel emissions from commuting by 10% (to 0.147 tonnes CO₂e per person) by 2025 | Commuting: 0.266 tonnes CO₂e per person in 2023-2024. | ||
| Reduce travel emissions from business-related travel by 10% (to 0.045 tonnes CO₂e per person) by 2025 | Business-related travel: 0.103 tonnes CO₂e per person in 2023-2024. | ||
The details of our added social value are contained in the Directors’ report of each of our annual accounts.
Financial reporting and tax conduct
Unlimited Potential is happy to publish its annual accounts.
Unlimited Potential believes in responsible tax conduct. It is committed to paying the appropriate taxes that it owes, in the spirit of all tax laws that apply to its operations, by seeking to pay the right amount of tax, in the right place, and at the right time. We publish our Tax Policy.
It is a priority strategic financial target to ensure that our reserves are sufficient to cover three months’ total running costs. If this is met, surpluses are available to reinvest towards our mission and objectives, supporting creativity and/or innovation in purposes for which finance could not easily be obtained elsewhere.
Awards
- Shortlisted for the Community Award, Employer Award and Innovation Award in the Salford Business Awards
- Salford Living Wage City Action Group won the Places Champion Award in the national Living Wage Champion Awards
- Wellbeing Matters was a finalist for the Best Community-based Organisation in Social Prescribing Award in the national Social Prescribing Network Awards
- Against All Odds Industry Award in the national Living Wage Champion Awards
- Salford was the first place in England to get formal recognition from the Living Wage Foundation for its ambition to become a Living Wage City under the Living Wage Places scheme in 2019.
- Industry Leadership Award in the national Living Wage Champion Awards
- Dadly Does It won the Innovation Award in the Greater Manchester Health and Care Champion Awards
- Recognised as one of the 100 most innovative companies in Greater Manchester, in the Innovation 100 report 2018, produced by BQ and the Business Growth Hub, part of The Growth Company.
- Dadly Does It was runner-up in the Ingenuity Award for innovation in health and care in the Learning Matters in Health and Care Awards 2017, run by Health Education England north-west.
- Salford Time Bank was highly commended in the Community Project category of the Community Stars Awards 2016, run by the Great Places Housing Group.
- Innovation Award in the Salford Business Awards
- The Being Well Salford partnership won the 3-Year Health and Wellbeing Award from the Royal Society of Public Health and the Minister of Public Health Award
- Salford was officially designated as a Social Enterprise City in 2015 under the Social Enterprise Places scheme of Social Enterprise UK.
- Shortlisted in the health and social care social enterprise category of the UK Social Enterprise Awards
- Shortlisted for the national Living Wage Champion Awards
- Runner-up for the Greater Manchester Social Business Award in the Yunus Social Business Awards 2013 (Salford Business School, University of Salford).
- Shortlisted in the “Buy Social” – Market Builder category of the UK Social Enterprise Awards
- Highly Commended in the Excellence in Partnership category of the Excellence in Social Enterprise Awards 2013, run by Social Enterprise North West.
- Healthy Workplace award from Simplyhealth in 2013.
- Shortlisted in the Best Employer category of the Salford Business Awards
- Innovation Award at the Salford Business Awards
- Greater Manchester Chamber of Commerce’s Innovation Award 2011.
