RUN 4 WALES CHARITABLE FOUNDATION
The promotion of community participation in healthy recreation for the benefit of the inhabitants of Wales by the provision of the facilities for running and athletics (alone or in conjunction with others).
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £491,913, which significantly exceeds its stated policy target of approximately £30,000. The trustees report that this level provides sufficient funds to cover support and governance costs, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Other income 485,556” — page 13
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately £30,000, which covers one year's running costs for the charity.” — page 3
“During the year, the Charitable Foundation received a donation of £73,667 (2023: Enil) from M4 Events Limited under a joint venture arrangement with London Marathon Events Limited. At the year end, the Charitable Foundation was owed £73,667 (2023: £nil) from M4 Events Limited.” — page 15
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- ROBERT DAVID COLEchair
- Ali Abdi
- Christopher Gough
- Christopher Robert Moss
- Laura Sian Williams
- Lowri Elizabeth Morgan-Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £77k | £61k |
| 31/12/2023 | £159k | £5k |
| 31/12/2022 | £3.5m | £3.1m |
| 31/10/2021 | £1.2m | £1.2m |
| 31/10/2020 | £676k | £886k |
Common questions
Is RUN 4 WALES CHARITABLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £491,913, which significantly exceeds its stated policy target of approximately £30,000. The trustees report that this level provides sufficient funds to cover support and governance costs, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Xeinadin Audit Limited.