CHALLENGE WALES
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.
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 The trustees noted that a reserves policy is no longer applicable due to the cessation of operations.
What the accounts disclose
“In view of the fact the Trustees consider that the Charity is no longer a going concern, a reserves policy is no longer applicable.”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
“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
“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
“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
“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
“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
“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
“The shares in group undertakings represent a 100% holding of the issued share capital of Challenge Wales (Sales) Limited” — page 22
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
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
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).
In the news
- Historic paddle steamer celebrates 79th anniversary of maiden voyage - ayrshire-today.co.uk
- Historic paddle steamer celebrates 79th anniversary of maiden voyage
Trustees
- David Peter Chapman
- Helen Phillips
- Kathy Mason
- Susan Went
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GARFIELD WESTON FOUNDATION | FY2024 | £200k | Youth |
| REARDON SMITH NAUTICAL TRUST | FY2025 | £111k | |
| REARDON SMITH NAUTICAL TRUST | FY2023 | £46k | |
| REARDON SMITH NAUTICAL TRUST | FY2022 | £44k | |
| REARDON SMITH NAUTICAL TRUST | FY2024 | £41k | |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | FY2021 | £32k | Lifeboat grants |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | FY2022 | £32k | Lifeboat grants |
| WALES COUNCIL FOR VOLUNTARY ACTION | FY2025 | £10k | Grants payable |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | FY2022 | £6k | Hammond Innes Bursaries |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | FY2021 | £6k | HI Bursaries |
| MARGARET DAVIES CHARITY | FY2025 | £5k | |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | FY2025 | £3k | Hammond Innes Bursaries |
| JOSEPH LEVY FOUNDATION | FY2022 | £3k | Bursaries for autistic young people and young people with cystic fibrosis |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/12/2024 | £19k | Seas and Skills |
| The National Lottery Community Fund | 11/08/2021 | £9k | Supporting Volunteers Programme |
| The National Lottery Community Fund | 12/07/2018 | £10k | Adventure Wales |
| The National Lottery Community Fund | 02/02/2017 | £5k | Ship Shape Aboard |
| The National Lottery Community Fund | 17/02/2016 | £245k | Voyages of Discovery |
| The National Lottery Community Fund | 28/11/2013 | £41k | (ITV Wales) Turning the Tide |
| The National Lottery Community Fund | 26/03/2013 | £4k | Safety upgrade |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Boodles Charitable Trust | 1 | £50k |
| FRANCIS C SCOTT CHARITABLE TRUST | 1 | £39k |
| THE DAVID SNOWDON TRUST | 1 | £5k |
| THE PRIMARY CLUB | 1 | £4k |
| THE HOLEHIRD TRUST | 1 | £4k |
| THE HADFIELD CHARITABLE TRUST | 1 | £4k |
Charities like this
- CHALLENGE ADVENTURE CHARITIES
- BLACKWELL SAILING
- BATHGATE CHARITABLE TRUST
- WEALDEN SAILABILITY
- SAILSHIP TRAINING AND LEARNING FOR LIFE
- THE CHALLENGER TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHALLENGE WALES | £315k | — | 0 | below | — | not going concern |
| CHALLENGE ADVENTURE CHARITIES | £159k | — | 0 | unclear | — | no doubt |
| BLACKWELL SAILING | £97k | — | 0 | unclear | — | no doubt |
| BATHGATE CHARITABLE TRUST | £230k | — | 0 | unclear | — | no doubt |
| WEALDEN SAILABILITY | £43k | — | 0 | unclear | — | no doubt |
| SAILSHIP TRAINING AND LEARNING FOR LIFE | £343k | — | 0 | unclear | — | no doubt |