CHALLENGE WALES

Registered charity 1111859 · accounts filings on the Charity Commission register · also known as MAIDEN VOYAGE

Provision of Sail Training to Young People

Objects

TO EDUCATE YOUNG PEOPLE AGED BETWEEN 12 AND 25 YEARS IN SAIL TRAINING AND NAVIGATION SO AS TO DEVELOP ESSENTIAL LIFE SKILLS INCLUDING TEAM DEVELOPMENT, COMMUNICATION, RESPECT FOR OTHERS, SELF CONFIDENCE, SELF ESTEEM AND INTERDEPENDENCE ENABLING THEM TO GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND IMPROVING THEIR CONDITIONS OF LIFE.

Area of benefit: NOT DEFINED. IN PRACTICE: NATIONAL AND OVERSEAS .

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Other Charitable Purposes · website · Get email alerts

Registered contact address: Vale of Glamorgan, Wales (from the postcode on the register)

Latest income
£315k
Latest spending
£241k
Registered
2005
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity prepared its financial statements on a breakup basis rather than a going concern basis, as it ceased operations following the transfer of its vessel. The charity reported a deficit on unrestricted funds of £11,798, reducing its unrestricted reserves to £360,628. The trustees noted that a reserves policy is no longer applicable due to the cessation of operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £361k)
“In view of the fact the Trustees consider that the Charity is no longer a going concern, a reserves policy is no longer applicable.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“Following the transfer of the vessel, the Charity, Challenge Wales will cease operations, Accordingly, the financial statements for the year ended 31 January 2025 are prepared on a breakup basis, as opposed to a going concern basis of accounting,” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Ms V Williams, a Trustee, received a salary of £41,605.
“Ms V Williams, a Trustee has a two-year contract of employment with the Charity and received a salary of £41,605 (2024: £39,250) in respect of her services as Marketing and Business Development Manager.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration
“Ms V Williams, a Trustee has a two-year contract of employment with the Charity and received a salary of £41,605 (2024: £39,250) in respect of her services as Marketing and Business Development Manager.” — page 20
“During the year the Charity received donations from Trustees totalling £657 (2024: £365).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donations
“Ms V Williams, a Trustee has a two-year contract of employment with the Charity and received a salary of £41,605 (2024: £39,250) in respect of her services as Marketing and Business Development Manager.” — page 20
“During the year the Charity received donations from Trustees totalling £657 (2024: £365).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee memberships
“Ms V Williams, a Trustee has a two-year contract of employment with the Charity and received a salary of £41,605 (2024: £39,250) in respect of her services as Marketing and Business Development Manager.” — page 20
“During the year the Charity received donations from Trustees totalling £657 (2024: £365).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary transaction
“Ms V Williams, a Trustee has a two-year contract of employment with the Charity and received a salary of £41,605 (2024: £39,250) in respect of her services as Marketing and Business Development Manager.” — page 20
“During the year the Charity received donations from Trustees totalling £657 (2024: £365).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Challenge Wales (Sales) Limited
“The shares in group undertakings represent a 100% holding of the issued share capital of Challenge Wales (Sales) Limited” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/01/2025

  • Volunteers: 60
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/01/2024

  • Volunteers: 56
  • Government income: £3,650 — contracts £3,650 (3); 2% of the £174,305 total gross income on the same return
  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/01/2023

  • Volunteers: 80
  • Government income: £5,764 — contracts £2,882 (1), grants £2,882 (1); 3% of the £173,365 total gross income on the same return
  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
  • Has a trading subsidiary

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/01/2025 (received 02/12/2025, 2 days after the 30/11/2025 due date); year ending 31/01/2024 (received 01/12/2024, 1 day after the 30/11/2024 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/01/2025£315k£241k
31/01/2024£174k£243k
31/01/2023£173k£317k
31/01/2022£147k£135k
31/01/2021£224k£113k

Common questions

Is CHALLENGE WALES financially healthy?

Per its FY2025 accounts: The accounts state that the charity prepared its financial statements on a breakup basis rather than a going concern basis, as it ceased operations following the transfer of its vessel. The charity reported a deficit on unrestricted funds of £11,798, reducing its unrestricted reserves to £360,628. The trustees noted that a reserves policy is no longer applicable due to the cessation of operations. Its FY2025 accounts were independently examined.

Who funds CHALLENGE WALES?

Funders whose own accounts filings name CHALLENGE WALES as a grant recipient include GARFIELD WESTON FOUNDATION, REARDON SMITH NAUTICAL TRUST, THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS, WALES COUNCIL FOR VOLUNTARY ACTION, MARGARET DAVIES CHARITY.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
GARFIELD WESTON FOUNDATIONFY2024£200kYouth
REARDON SMITH NAUTICAL TRUSTFY2025£111k
REARDON SMITH NAUTICAL TRUSTFY2023£46k
REARDON SMITH NAUTICAL TRUSTFY2022£44k
REARDON SMITH NAUTICAL TRUSTFY2024£41k
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2021£32kLifeboat grants
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2022£32kLifeboat grants
WALES COUNCIL FOR VOLUNTARY ACTIONFY2025£10kGrants payable
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2022£6kHammond Innes Bursaries
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2021£6kHI Bursaries
MARGARET DAVIES CHARITYFY2025£5k
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2025£3kHammond Innes Bursaries
JOSEPH LEVY FOUNDATIONFY2022£3kBursaries for autistic young people and young people with cystic fibrosis

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund17/12/2024£19kSeas and Skills
The National Lottery Community Fund11/08/2021£9kSupporting Volunteers Programme
The National Lottery Community Fund12/07/2018£10kAdventure Wales
The National Lottery Community Fund02/02/2017£5kShip Shape Aboard
The National Lottery Community Fund17/02/2016£245kVoyages of Discovery
The National Lottery Community Fund28/11/2013£41k(ITV Wales) Turning the Tide
The National Lottery Community Fund26/03/2013£4kSafety upgrade

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CHALLENGE ADVENTURE CHARITIES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CHALLENGE WALES£315k—0below—not going concern
CHALLENGE ADVENTURE CHARITIES FY2025£159k—0unclear—no doubt
BLACKWELL SAILING FY2026£97k—0unclear—no doubt
BATHGATE CHARITABLE TRUST FY2025£230k—0unclear—no doubt
WEALDEN SAILABILITY FY2025£43k—0unclear—no doubt
SAILSHIP TRAINING AND LEARNING FOR LIFE FY2025£343k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.