XL WALES
An educational charity and social enterprise operating across South and West Wales. Delivering innovative and motivational activities in schools and community venues. Concentrating on promoting subject skills in science, design, technology, maths and ICT in primary school children, young people and adults. This is achieved by utilising fun, exciting, interactive and hands-on practical challenges.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds at year-end were £23,705, which met the charity's reserves policy target of holding funds to meet liabilities upon winding up, estimated at £15,000. The charity reported an overall deficit of £1,857 for the year, driven by a surplus on unrestricted funds offset by a deficit on restricted funds. The trustees acknowledge ongoing challenges in raising funds but remain confident in the charity's value and relevance.
What the accounts disclose
“It is the policy of the charity to hold unrestricted funds at the level required to meet all its liabilities should the charity be required to wind up. At 31 December 2025 the amount required is estimated to be £15k.” — page 7
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Funders the charity credits
- DWF Foundation
- Prince of Wales Charitable Foundation
Trustees
- PHILLIP GOUGHchair
- Gareth John Widlake
- JEAN MATTHIEU JAMES LECLERC
- TERESA COUSINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £64k | £66k |
| 31/12/2024 | £67k | £63k |
| 31/12/2023 | £46k | £53k |
| 31/12/2022 | £55k | £56k |
| 31/12/2021 | £60k | £56k |
Common questions
Is XL WALES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds at year-end were £23,705, which met the charity's reserves policy target of holding funds to meet liabilities upon winding up, estimated at £15,000. The charity reported an overall deficit of £1,857 for the year, driven by a surplus on unrestricted funds offset by a deficit on restricted funds. The trustees acknowledge ongoing challenges in raising funds but remain confident in the charity's value and relevance. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/04/2024 | £7k | XLWales Digital Inclusion Project |