Company Registration Number- 03191309
The Charity RegistTation Number is :. 1057268
XL Wales
Report andAccounts
31 December 2023
Cross and Bowen
Charlered C¢n¥fiedAccounlants
Riverside House
Normandy Road
Swans¢a
SAI 2JA

XLWale$
Report and accounts for the year ended 31 Deeember 2023
Contents
Pige
Cbarity Inform&tion
Tru5teesl Annual Report
Ststement of directors, responsibilitie8
IDdependent Aecountallt's Report
Funds Staiemenis...
Statement of Financial Activities
Revenue Funds
10
12
Incomc and Expenditsre account
13
Balanee sheet
Notes to the &ecounts
14
15

XLWales
Company Registraiion Number- 03191309
Trustees, Annual Report for tbe year ended 31 December 2023
The Tn￿1¢¢8 preseni their Rel￿ and Accounis for ih¢ yw ¢aKlal 31 Decanber 2023, wbich also compTises the
Directors, Rq)ort requirtij by the CompanÈe$ A¢t 2(K)6.
Reference and administratlve detalls
The charity
The legal name of the ehhrity is:_ XLWale&
The charity is also known by Ats operattng name, XL W81¢s.
The ehdrlty's &r¢us op¢raliiin and UKchapTtable regisimlio
The ch&ity is registered in England & Wo1¢$ with the Charity Commission in En￿ & Wales (CCEW) with charity
number 1057268.
The charity does not opeTrte in any ov¢rseas jurisdictions.
Legalstrudure olthe chaTh"ty
XLWale9 As a ¢haritable ¢omp8Ay, limit￿ by guardnttt, 1￿CO￿K)nted on 24 ApTiI 1996 and regisieral as 8 charity on I
Augusl 1996. the company was esthblishoj under a mem01w￿llM of Aswialion and is governed Under its Articles of
A&socialion. In the event of the company being wound up. members rquirsl to contrt￿lllt an amouni not exceeding
£10.
The governing document is dated
24 April 1996
There are no restrictions in the governing d￿￿MentS on the operation of the Charity or on its investment
powets other than those imposed by Charity Law.
By operation of law alL trusÈtts are dirLyt0￿ undtt the Companies Aot 2006 and all diwwtors are trustees under Ch￿ltieS
legislation and have resp)nsibilAtie4 as sucty under company and ¢haTity legislation.
The tru8t¢es ar¢ all individual&
The prlnelpal oper*tlng address, telephone Dumber, emal] Ind web addresse8 of the ¢h4rity Are:.
4 Highpool Lane
Newlon. Swansea
SA3 4TT
Telephone 01792 324060
Etimil Addrus info@xlwa]&%.OTg.uk Web address www.xtWole&org.uk
The registered office of the ¢haTiiy for Companies Act purposes is the same as the operating address shown
above.

XLWale$
Company Regis¢Fation Number- 03191309
Trustees, Annual Report for the year ended 31 December 2023
The Thi$tees l]b offl¢e on the d*te the report was ¥4pproved were:.
T.A. Brown
P.R.C. G)uth (Chair)
G.J. Widlak¢
J. M. J L￿}erC
The followlng persons served As Trn$tee$ during the yeAr ended 31 December 2023 :.
The trustees w]MY servelt as a ffiimee in the re￿nIng were as shown abov4 and there wue no Changes during the
year, or in the payod between the year end and the approval of the account&
Resigned
T.A. Brown
P.R.C. &)ugh {Chair)
GJ. Widlake
J. M. J L￿1￿￿
Objects and Aetlvltles of the eharity
Thepurposes of the eharity as set out in its governing documen£
The objects of the charity, as set out in the Memorandum of A&S￿latIOn, are the advanc¢ment of public
education by providing a¢tiviti¢s which improve key life and subje¢t skills and lh¢ advancement of public
understandlng of science and t¢¢hnology related subjccls. The trnstees confirn) that they have had regard to
the guidance contained in the Charity Comission's general guidance on public benefit when revlewing thc
chayitys aims and obje¢iives and in planning its activities.
The mffjn aclnjilies undertaken in Tel￿10￿ lo ¢hos¢purposes during theyear.
The main activities undertaken are described below.
The main aclivities undertaken during theyear tofurther the charity'spurposefor ¢hepublic
benefi£
Holiday Club
Holiday Club XLWales is a sch(K)I holiday childcare play scheme, registered with CIW. li provides IOO'S of
fim filled, acti¢)n packed, indoor and outdoor activities for 3 to I l year olds. Th¢ club is based in
Oystennouih Prlmary School, Mumbles, Swansea. 1068 children attended club during 2023 (2022.898
children). a 19/0 increase on the previous year.
Schools, Roadshow
During 2023, 19 primary schools. 1449 ¢hildT¢n and 67 Icachers and classr(M)m assistants benefited from
visit. (2022.. 22 primary schools, 1932 children and 100 teachers and classroom assistants). Throughout the
visits, pupils participate in STEM (science, technology, engineering and maths) activities desi￿ed to mttl
the needs of the National Curriculum and Foundation Phase. The aclivilies are suilable for children from
age 3 10 1 l years and h¢lp pupils to develop essential life skills, such as problem solvtng, tearn workin&
thiJ)kin& investigatin& comrnunicatin& creating and a 'Gan do. appToach.

XLW8l¢s
Cornp¥ny R¢gistsation Number- 03191309
Trustees, Annuydl Report for the year ended 31 December 2023
Digital inclusion project
3 visits caTTicd oul in FclindTe Commw]ity Hall, benefiting 6 adults. Costs were covered by a DWF ￿t.
Comrnunity Group Roadshow
The CoEnmunity GTOUP Roadshow takes fun and hands on challcnges into community settings. These
includc Museums, Carnivals. Business Skill& Youth Projects, Libraries, Lifelong tKarning Centrc
Community Cenlres and Family LLarning GTOUPS.
There were 3 visits to groups during 2023, with 68 children and 12 adults b¢n¢fiting (8 during 2022. 135
children.) and 5 visits to tbe Natiojjal Waterfront Museum during the 2023 SuJnrner of Fun initiative with
183 cbildren alld 147 adults benefiting {2022- 6 visit4 183 children. 116 adults).
The tnr5tets hav¢ had rcgord to the Charity Commission's guidance on public benefil in mana8]ng the activities of the
clthrity.
The main achievements and perfonnance of the charlty durlng the year.
Comments by chair of Trustees
The number of children attending the Holiday Club increased by IW/o over th¢ pr¢vious year.
The Schools. Roadshows and the Community Group Roadshows saw broadly the Same level of o¢tivity as
last year. In addition, the charity und¢rtwk a digital inclusion proi¢¢t at Felindre Community Hall
ben¢fJtting six adults. Thts project was fimded by a from DWF.
Income from Charitable aclivilies increased by 16/0 during the year to £40k, reflecting the increase in
acti￿711es.
Income from donations and legacies decreased by 710/D to £6k. Within this figur¢, revenue and capital
grants frorn gov¢rnm¢nt and publi¢ bodies decreased by 79% to £4k. This was rec¢ived from the City and
County of Swansea Children and Yowig Persons Partttership.
Revenue ￿antS and donations from non-public bodies increased from £lk to £2k.
XLWales is grate￿1 for the financial support received during these difficult times.
The results for the year show a dcficil of £IOk on unrestriclcd fimds and a SU￿luS of £3k on restrlcted
fimd5. I￿ving an oveTa]I dcficit of £7k.
The TrLJStecs arc mindful of the Ongoing challenge of raising fimds to support its activities. UnTestricted
funds at the year end stood at £18k which complied with the Charity's re5wYes p)licy.
The Trnstees remain convinced of th¢ value and relevance of XLWales and scck to ￿￿EntsIn its position as
a leading provider of public cducatiOT] and to continuc to rnake an important Contribution to the
advancement of STEM (Science. Teclmology, Engineering and MathematTrcs) Tclated Subjects in Wale5.
The Schwls, Roadshow aclivitics show particular rclcvance to the c￿￿1cul￿m, aiding teachcrs in the
dclivcry of subjects they are not always comfortable with.
The Trnstees are awar¢ that th¢ next ￿arS will conlinue to be challenwng. The priority will be to seek
¢xt¢mal ￿ant fimding in order to continue to deliveT OUT 5￿C¢S to the children of South West Wales.
The XLWales staff are to b¢ (omm¢nd￿ on the exr¢ll¢nt work ca￿le￿ out throughout th¢ yw under
¢Atrern¢ly difficult circumstances.
XLWales ts grnleful lo all its key fimders, City and County of Swansea (Children and Young Pcoplc Fund).
the Llysdinarn T￿￿ and the DWF for supporting ils work and enabling it to provide over 2.700 children,
togeiher with their tea¢hers and parents, lh¢ opportunity to ¢ngage in STEM activities. W¢ belleve that we

XLWales
Compw Registtation Number- 03191309
Trustees, Annual Report for the year ended 31 December 2023
are making a signiflcant contribulion to delivering k¢y policy objectives of the Welsh Government and hope
this will be recognised in order to consolidate our strong plarforni and to expand activities in fvture years.
Structureg governance &nd managemenrt of the charlty
The methods u.sed to recruit and appoin¢ new charity trustee
ew Irus1ces are appointed upon the Tec(mmi¢ndation of ¢xis¢ing trustees. One third of the trust¢es must
retire at ¢a¢h annual general meeting and offer themselves for r¢-ele￿I0ll.
Bankers
A￿OuntantS
CTOSS & Bowen, Riverside Hous4 Nornwidy Road. Swansea. SAI 2JA
Financial revlew
The charity'sfm47n¢ialposition ￿ the end of iheyear ertded 31 December2023
The financial position of the chaTity at 31 December 2023 and comparativcs for the prior perlod, as more
fully detsiled in the accounts, can be sumrnarised as follows:_
21123
2022
f4et Income
{7,228)
(1239)
Unrestrictgj Revenue Funds available for the g¢n¢ral
pulposes of the char&ty
17.501
27,681
Restriaed Revenue Funds
9,658
6.706
Total FDDd¥
27,159
34,387

XLWAles
Company R¢gistration Number- 03191309
Trustees, Annual Report for the year ended 31 December 2023
Financial review oftheposition al the repOrt￿g date, 31 December 2023.
The trustees consider the financial perfonnance by the charity during the year to have been satisfactory.
Policw on reserve&
It is the policy of tbe charity to hold unrestricted funds at the level r¢quired to rneel all il's liabilities should
tbe charity be required to wind up. At 31 December 2023 the amount required is estimated to be £13k. The
level of uDrestri¢ted fimds at 31 December 2023 was £17,501 which is excess of the target.
AvAilability and adequacy ofassets of each ofihefunds
The board of trustees is satisfied that the charity's assets in ¢a¢h fund are available and adequate to ￿lfIl its
obligations in respect of each fund.
Plans For the Fulure
Summ&ry of plans for the futsre Ind the trustee$, peryKcdve of the futsre direction of the charlty.
XLWales will continue to deliver aclivilies both ID and out of sch￿] consistent with its objeclive5 and the
need to be self-finan¢ing.
We will look inio possible fimding sources to continue PTojKls that aim to introduce new technology into
the wmmunity through working with family learning groups and Imh￿.
We will continue to seek ways to increase the number of Roadshow visits.
We will ¢ontinu¢ to promote the Holiday Club to ensure thal it generates fvnds to enable it to becorne
sustainable.
Our fimdraising efforts to secure donations and ￿antS to deliver our charitable objectives will conlinue.
We will build on the success of intergenerational science based activlty sesslons Challenging expectations
of what's possible for pwple living in care homes and those suffering from dementia.
IDdepeDdent Examiner
Mrs Julie Corb¢tt
Member of The AssA)cialion of Charltrcd Certifid Acc¢Juntants in the Unitoj Kingdom.
River5id¢ House
Swanse
SAI 2JA

XLWales
Company Registration Number- 03191309
Trustees, AnnuAI Report for the year ended 31 December 2023
Statement of the Directors Trustees, Responslbllllles
The chariws trustees arc responsiblc for thc prepardtion of the accounts in accordance with the temy of the
Companies Act 2006, the Cbarities Act 2011 and the ChaTili¢s (Accounts and Rq)orts) R¢golations 2008.
Notwithstanding the explicit requirement in the extant statutory regulation4the ChaTiti¢s (Accounls and
Reports) Regulations 2008, to prepare the financial statements in accordimce with the SORP 21K)5. in vicw
of the fact that the SORP 2005 bas bcen w1thdrdW￿ the Trustees determined to interpret this res￿￿SibIlIty
as requiring them to follow current best practice and prepare the acwuuls according lo the FRS 102 SORP
{Statement of Recommended Prd¢tice for Accounting and Rq)orting by ChaTities} 2015, (as amended by
the Bullelin issued in October 2018 and applicabl¢ to all accounling periods beginuing on or after 1st
January 2019). (The SORP), .
In particular, th¢ Companies Act 2006 and Charity law require the Board of Trustees to prepare financial
statements for each financial year whtch give a trne and fair view of the state of affairs of the charity as at
the end of the financial year and of ihe surplus or d¢fi¢il of the charity. In PTeparin8 those financial
statements the Board is required to =_
- to prepare the accounts in accordaT]ce with United Kingdom Generally Accepted
Ac¢ounling Practice (United Kingdom Accounting Standards and applicable law).
select suitable accounting policies and apply them consistently..
- make judgements and eslimates thal are reasonable and prudent.
- prepare the fEnancial slalements on the going concern basis unless it is inappropriate
to presurnc that the charity will continue in business.
sta* whether applicable accounting standards and ststements of
recommended pra¢ti¢e have been followaL subject to any material
departures disclosed and explained in the flnancial statements"
Thc13w requiTes that the trnstees must not approve the accowjts unless they ate 5atisficd that they give a
true and fair view of th¢ state of affairs of the charity and of the surplus or d¢ficrt of the chaTity for the ￿r.
The Trnstees are R150 rcsponsible for maintaining adequate accounting records which disclose with
T¢asonable 2ccufdCy at any time the fmancial position of Ihe charity and which aTe sufficienl to show and
explain the charity's transaclions and enable them to cnsur¢ that the financial statements ￿MPlY with tbe
Companies Act 2006 and comply with regulations made under the Charities Art. They aTe a]so responsible
foT safeguarding the assets of the Charity and h¢n¢¢ for taking reasonable steps for the prevcnlion and
detection of fraud and thher itrcgularities.
The Trnstees are also Tesponsabl¢ for the conienis of the Twslees. reporL and the statulory responsibility of the
llnde￿ent Examiner in re]#tion ty the Twsiees, rep)n is limit&l io ¢xamining ihe report and ensuring that. on the face
of the report, there ar¢ no material inconsistencies wilh the fi8ures di￿105¢d in the financi￿ sta￿Ment

XLWAles
Company Rc8iStraiit)n Number- 03191309
TrDstees' Annual Report for the year ended 31 December 2023
Method of preparv4tion of accounts - Small company provisions
The financial statements are set out on pages 10 to 26.
The financial statements have been prepared implementing the FRS 102 SORP (Stalement of
Recommended Praclice for Accounting and Reporting by Charities) 2015, (3s amended by the Bulletin
issued in O¢tob¢r 2018 and applicabl¢ lo all accounting periods beginning on or after 1st January 2019).
{The SORP). and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)
These fjnancial ￿ateMentS have been prepared in accordance with thc provisions in Part 15 of the
Companics Act 2006. applicable to companiGs subjert to the small companies regim¢.
This rqx*rt was approv￿ by the board of th￿tte8 on 17 September 2024.
P.R.C GOUGH
Dirfflor and Twsiee

XLWales
Report of the Independent Examiner to the Trustees of the charitable company on the 4¢¢ounts for the year
ended 31 December 2023
I rq)ort to the Tntslees on my examination of th¢ financial statements of the charitable cornpany on pages l O to 26 forth¢ y¢ar
end￿1 31 D¢cembcr 2023 which havc been prepared in accordance with the Charities Act 2011 (th¢ Act) and with ihe Financial
Rq)orting Standard 102, leffc¢tive 1st January 2016) as modifidl by FRS 102 SORP {Statement of Recornmend￿ Pra¢ti¢e for
Accounting and Reporting by ChaTiiies) 2015. (as amend￿1 by the Bulletin issueAI in October 2018 and applicable to all
accDunlingpcTiod5 kginning on or aftcr 1st January 2019), (Thc SORP), publish￿ by the Charity Commission in England &
wal￿ (CCEW}. and undcr the histtyrical cost convention and the accounting PKylicies set out on page 15.
Respectlve reBponsSblllties of the Trn$tees and the Independent Examlnu and the bas15 of the report
As descnTrJLMI on page 6. you. the charitable CoTnp8n￿S TrustK5. who ar¢ a150 tb¢ Dir(¥tl>T5 of Èh¢ Company forth¢ purp)ses of
Company law. are rthyonsible foT the pr¢p4uatioD of th¢ fin4n¢ial stat¢mcnts in accordan￿ with the Compat]ies Act 2006. lh¢
Charities Act 2011 and all other applicable law and with United Kingdom Gejjerally Accept￿1 AccouDting Prncti¢e. 4)plicable
to smaller entitiffj and for being satisfied that th¢ finan¢ial statements gjve a true and fair vicw.
The TTUStee5 consider thal the audit requirem¢nt of S￿lI0n 144(1) of the Charities Acl 2011 (th¢ Act) does not apply) and that
Ihere is no requirement in the memordndum and articles of the charity for the conducting of an audit, and that the accounts do not
rwire an audit in accordance with Part 16 of the Companies Act 2006 and that no memb¢r or members have request￿ an audil
pursuant to Section 476 of the Companies Act 2006. As a conwuenc4 the Trusl¢¢s hav¢ ¢I￿t￿ that the financial statem¢Dts be
subjecl to ind¢pendent examination.
Having satisfid myself that the finan¢ial stat¢mwts are not r¢quAr¢d to be audiied under any legal provision, or othenvise, and
are eligible for independalt examinatio￿ it is my responsibility to.'-
a) ¢xamine the financial statemenis of the chaTity under Section 145 of the ACL
b) follow the applicable procedures in the Directions given by the Charity Commission under wtion 145(5)(b) of the ACL
B*sis tsf Independent Eyamlner's Ststement and seope of work undert*ke
I rq)ort in respect of my examination of the ehtirity's financial stateJn¢nts carri￿ out unde¥ $145 of thc Act. In carrying out my
examination. I have followed all the 4wpIiL&ble Direeti¢)ns giv￿ by th¢ ChaTity Commission under section 145(5Xb) uf the Act
selling out the duties of an indq)endent eXa￿l￿ty in to the LX)ndu¢tiDg of au examination. An indwdent
cxamination includes a review of the accounting records kept by the charitable company and of the accounting systems
cmploy(xl by the chariiable company and a comparison of the fmancial stat¢Jnents present￿[ with those tewrds. It also includes
consideration of any unusual items or dtsclosures in the financi&] statem(x)ts, and sttking explanations from you. as Trustco.
Loncerning such Tnatt¢rs. Th¢ PUT￿}5¢ of thc cxamination is to cslablish as faT as ￿SSIble that ther¢ have been no brcach¢s of
charity legÈslation and ihat. on J t￿¢ basis of ¢vidcncc re]¢vant to thc amount5 and disclosures mad4 the financial statemeDts
comply with the SORP.
The procedures und¢rtak¢n do not PTovid¢ all th¢ evid¢n￿ that would bc Tcquired in an audi( and inf0m￿tIOn svppli¢d by the
Trustee5 in the course of the examination is not Subj¢¢1￿ to audii t¢Ms or enquiri¢s and does not ¢over all th¢ nTratters that
auditor would consider in arriving at an opinion. The planning and conduct of an kudil 8oes beyond th¢ limited ossurdnce that an
independeni examination can Provide
Conswuently, I do not express an audit opinion on the view given by the flnancial statements, and in particular, l express no
opinion as io whether ilhe financial statements give a true and fair view of ihe affairs of the charity. and my report is limit￿ to the
matters set out in the statfflDeDt below.

XLWales
I planned and performeA my examination so &$ to s)lisfy mys¢lf thai th¢ obJ￿Ilve3 of the independent examinatiojj are achiev￿1
and before fmalising the rep)rt l obiain&a wriii¢n assuran¢w from the Trustees of all material matters.
Independent ExamlDer15 StaternenL Report ¥Dd Oplnlon
Subje¢l to th¢ limitations upon lh¢ scope of my work as detail￿ aknv4 1 have compld¢>J my examination.. and can confimj ihat:_
The accounts of this charitable company are not required io be audit￿1 under Part 16 of the Cornpanies Act 2006.
This is a rq)ort in respect of an examination carried out under 145 of the A¢¢ and in accordance with Dir￿tionS given by the
Charity Commission under section 145(5){b} of the Act whi¢h may be applicabl
and that no mataial matters hav¢ ¢ome to my att¢ntion in ￿nn￿lIon with the examination wving m¢ ¢ause to believe that in any
material r¢%p¢xt:.
accounting re£ords were not kept in rw¢¢t of the ¢haTity as r¢quired by Section 386 of the Companies Act 2006 and se￿lOn
130 of The Charities Act 2011;
th¢ financial stat¢m¢nis do noi accord wilh those records,. or
¢he finan¢ial statements do nol comply with the applicable wuir¢m¢nls ¢on¢¢n)ing the fornj and content of accounts set out
in s¢clion 396 of th¢ Companies Act 2006 otheT than any requiremeni that the accounts give a'true and view, which is
not a matter cons1d¢r￿1 as part of an independent examination.
have not been prepard in a¢wrdan¢¢ with the m¢th(K1s and principles set out in the FRS 102 SORP (Statement of
R￿0MMended Practice for Accounting and RqKbrting by Charities) 2015. (as amend￿1 by the Bulletin &s5u￿1 in Othyber
2018 and applicable to all accounting periods beginning on or afi¢r 1st January 2019). (Th¢ SORP)-
I hav¢ no wn¢¢rns and hav¢ come across no other mattcrs in CODDeKtion with the examination to which att¢lltii)n should be
drawn in this report in OTdcr to enable a proper und￿StandIng of the financial stst¢m¢nls to i* TeathLXI.
SigDed:.
Mrs Julie Corbett- Independent Examiner
Chartcrcd certifi￿ Accountant
Riverside House
Norniandy Road
SAI 2JA
This rqxirt was signed on 17 Sq)i¢mber 2024

XLWales - Statement of FinaJ)civ41 Activities for the year ended 31 December 2023
Statement ofFinancialArti*Yties Gmcluding ¢he Income and Expenditi4reAccountfor iheyear ended 31
December 2023, as requlred by the Companies Ac¢ 2006)
SORP
Ref
CBrrent year
u￿￿61￿1¢1ed
Fund5
Curr¢ml y¢a
year
Totsl Fwbdi
PTlor Ye#r
Tot•1 Funds
Fundi
2023
2023
2023
2022
Income & Endowm¢mts from:
Donations & L¢ga¢i¢s
Charitable activities
Other
Al
5,000
000
39,808
185
20,346
34,410
12
A2
A5
39.808
185
Total Intome
40,993
5,01)0
45,993
54,768
Expendltsre on:
Charitable activities
B2
51.173
2.048
53321
56.007
Totsl expeDdlture
51,173
2,048
53,221
5&007
Nei {eypeDditure)IIDcome for the y￿r
(10,Iso)
19S2
17,228)
(1,239)
Net (expenditthreYID¢thne after
transfers
A-B
(10,180)
2.952
(7,228)
(1,239)
Net movem¢ttt lunds
(10,180)
2.952
(7,228)
(1,239)
Re¢ollelllatiM of fuDds:.
Total fMnd$ brougbt fonvard
27,681
0.706
34J87
35,626
Tot41 fuDd5 carrled forward
17,501
9,658
27,159
34a87
The'SORP Ref indicated above is the classlfication of irt¢ome sel Out in the fornia] SORP documenis. As required by para8raph
4.60 of the SORP. th¢ brought fonyard atml carried fo￿ard fiuKls aboY¢ havc bcen awd lo th¢ Balanc¢ Sh¢ct.
A Statement of Total ReCo￿lsed Gains and Losses is includ￿[ a5 a primary statement ID these accounts.
All activilies derive from continuing operations
The notes attacbed oll pages IS to 26 form an integral part of these *¢¢ounts.
10

XLWales - Stalement of Financial Activities for the year ended 31 December 2023
XLWAles - Analysis of prior year total funds* a5 required by paragraph 4.2 of the SORP
Prjor Year
Prior Y¢•r
Prlor Ye*r
SORP
Unr¢stri¢t¢d
Fttnds
Re8trlcted
T•)1￿ Fwids
2022
2022
11122
Im¢ome & Elldowments from:
Donations & Legacies
Charitabl¢ #¢tiwli¢s
Other trading aclivitiC5
Al
A2
20,346
34,410
20J46
34,4111
A4
A5
Other
12
12
Tolal income
54,768
S4,768
Expelldlture
Raising funds
Bl
Charitable activities
B2
Other
B3
Tax on surplus on ordinary activitie5 B3
Other taxation
B3
53,464
2.543
s￿[MI7
Totsl ¢xpendltsr¢
53,464
2,543
S6,0117
Nel 8aills on investments
B4
Ne¢ Income for tbe year
1.304
(2,543)
(1,239}
Transfers betweell funds
fillcome after traD$fers
1,304
(2.543)
(1,239)
Net movement In funds
1304
(2,543)
{1,239)
Re¢oncililltiom of fuDds:.
TotAI fuDds brought forward
26,377
9,249
35,626
Total funds carrled forwgrd
27,681
706
34,387
A Statement of Total Recognised Gains and Losses is included in ihese accounts as a separate primary staternent
Statement of Total Recognised Gains And Losses for the year ended 31 December 2023

XLWales - Ststernent of Financial Activities for the year ended 31 December 2023
21123
2022
Surplus for tb¢ y￿r :.
Net exces5 of incom¢ eXp￿d]lure from operdtions before
R¢alised gains disw5als of social investm¢nls whi¢h 8r¢ prog￿￿￿¢ relat¢d
(8,228)
(1.239)
Incomefroth operdhons before the Smtement oJFin4n¢ialAdlthes
(8,228)
{1,239)
AdW(deduet) nom ineome Lrpendilure i¢ems.'_
Grants for the acquisition of fixed assets
Net Movernent ID fuDd$ before taxatlon
1,000
{7,228)
(1,239)
Funds generated In th¢ year AS $boivn on Ststement of Fknancl*l Aetlvldes
(7,228)
(1,239)
The Dotes Attached on pages IS to 26 form an Integral p8rt of tbe5e ac¢ouDts.
12

XLWales - Stalement of Financial Activities for the year ended 31 December 2023
XLWales - Resources applied in the year ended 31 Deeember 2023 towards fixed a$$ets for Charity
use:.
2023
2022
Funds gen¢rat¢d in th¢ year as detailed in the SOFA
Resources applied on fimctional fixed assets
Other applications of fiThts
(7,228)
(878)
{1.239)
(1,238)
Nel resources available to fund ¢haritable activities
{&106
(2,477)
Th¢ notes attached on pages 15 to 26 form an integral part of th￿e Yéccounts.
Movements in revenue and capital funds for the year ended 31 December 2023
Revenue accumulated funds
Unrestrkted
Restricted
Total
Las* ye•r
Total Funds
FuDd8
Fun41s
2023
2023
2023
2022
Accumulat¢d funds brought forward
27.681
6,706
34,387
35,626
Recognised gains and losses before
Iransfers
(10,180)
2,952
(7,228)
{1,239)
17.501
9,638
27,159
34J87
aosing rev¢llye fuDd5
9,658
27,159
34J87
Summary of funds
Unreitrftted
Restsicted
Total
Lilt Year
and
De51gnAted funds
2023
Funds
2023
2023
2022
R¢v¢nue a¢¢umulat&] funds
17,501
9,658
27,159
34,387
The notes attAched on pages IS to 26 form all integral part of these aceounts.
13

XLWales - Statement of FinaD¢ial Activities for the year ended 31 December 2023
XLWales
Income and Expendfiture Account for the year ended 31 D¢¢emb¢r 2023 as required by the
Companies Act 2006
2023
2022
Income
Income from operations
44,808
54,756
vestment income
Oth¢r operating income
185
12
Gross Ineome itt the ye4r before excepdoD81 Items
44,993
54,768
Gross Ineome In the yemr 1￿CludIng ex¢¢ptioll#l items
44,993
54,768
Expenditmré
ChaTitable exp¢ttditur4 excluding depreciation aTKI amortisation
Depreciakn"on and aTTK)rtisation
Governance costs
ReaJis¢d losses on disposals of social Inv￿MentS which are programme related
51.349
672
1,200
53.878
965
1,164
Total expenditure ID the year
53,221
5fi007
Net Income before tAx kn the f1ty4n¢i41 year
(8,228)
(J,239)
Ttsx on SUTplus on ordinary activities
Net Income after tsx ltt the financial year
(&228)
(1,239)
Retained SUTpIu5 for tbe fJDAncial year
(&228)
(1,239)
All activities derive from continuing operations
In accordance with the provisions of the Companies Act 2006, the headings and subheadin85 used in the Income a￿d Expenditure
a¢￿Ullt have been adapted to reflect the special natur¢ of th¢ ¢haTiWs activiti¢s.
Th¢ llot¢$ attaebed OD pages IS to 26 forn In integral port of these accounts.
14

XLWaEes - Balance Sheet as at 31 December 2023
SORP
Ref
Notes
2023
2022
Flxed assets
Tarftgible assets
Current assels
Debtors
3,174
2,968
B2
89
69
Cash at bank and in hand
B4
25,096
32.514
¢urrellt assrfs
25.185
32,583
Creditors: amounts f￿11￿8 dut wlthin one
io
ci
(1,200)
(1,164)
Ne¢ current assets
23,985
31.419
The total net assets of the cbarfity
27,159
34 J87
The total net Asxets of the charity are funded by the fumds of the charity) as follows:.
Res¢rlcted funds
Restricted R￿cTrUe Funds
14
D2
9,058
6,706
9,658
6,706
Unrestrieted Funds
Unrwtricted Rev¢nue Funds
14
D3
17,501
27.681
17.501
27,681
Deslgnated Funds
Total charlty funds
27,159
34J87
The'SORP Ref indicated above is the c]￿Sification of Balan¢e She¢t il¢ms as Sel out in the fornial SORP documents. As
rquireJ by paragraph 4.60 of the SORP, the brought forward and canied forward fvnds above have been agreed to th¢
SOFA.
Thc dircctors are satisfied that th¢ company is entitld to exemption from the requirement to obtain an au(Jit under section
477 of the Companies Act 2006.
The rnemb¢rs have not rcquired the company to obtain an audit in acci)rdanc¢ with section 476 of the Act.
Th¢ dir¢¢lors acknowledge their responsibiliii¢s for complying with the r¢quiranents of the Companies Act 2006 with
respect to ac¢ounting recoTds and the preparation of a¢¢ount&
Th¢ ¢harity is subject to Independent Examination under charity legislation, and the report of ihe Indwendent Examiner is
on page 9.
The financial Statements have been pr¢pued its accordance with th¢ provisions in Part 15 of the Companies Act 2006,
appIl￿bI¢ to companies subject to the SMAII ¢ompanies regim&
P.ILC GOUGH
Trustee
Approved by the board of trustees on 17 S¢ptember 2024
The notes attaehed on pages 15 to 26 forn] an Inlegral part of these accounts.
15

XLWales
Notes to the Accounts for the year ended 31 December 2023
l Accounting poll¢les
Policies relaling lo iheproduetloh ofthe accoun1&
B4$15 of preparation and Èceonntine eottventio
The accounts havc be¢n pryr¢d on the accruals basis. under the historical cost ¢onv¢nlIo￿ al￿ in accordance with the Financial
Rq)orting Stalldard 102. l¢ffeciiv¢ 1st January 2016) and'FRS 102 SORP (Statement of Recommended Practice for Accounting and
RwTting by Chatities) 2015, (as amended by the Bullth"n issued in 0¢￿ber 2018 and a]Ypliuble io all accounting periods b¢wJming
on or after 1st January 2019). (The SORP), published by the Chartty Commission in England & Wales (CCEW), effective January
2016, . and in a¢¢oTdan¢e with all applicable law in the charitys j￿risdIction of registration, ex¢q)t thai the charity has prepared the
financigl ststements in a¢¢ordanc¢ with thc FRS 102 SORTr (Statement of Recommended Prd¢tice for A￿OUnting and Reporting by
Charities) 2015, (as amended by th¢ Bulldin issued in (ktober 2018 and applicable to all accounting perlods beginnin8 on or after
I st January 2019). (Thc SORP), in preference to the prevAOUS SORP, the SORP 2005, which has been withdrawiL notwithstanding the
fact that the ¢xtanl statutory regulaiions, the Charities (Accounts and Reports) Regulations 21K18 refer explicitly to the SORP 21KI5.
This has been done to accord with current be# practi¢¢.
Risk5 and futhre A55umption5
The eharity is a public benefit entity.
The Trnstees are mindffijl of th¢ Charity CO￿7s510n,S guidance on Pub]ic Benefit and believe that the services the Charity offers
serves Ihe COMM￿lty.
Policies r¢lating lo eategories ofineom¢ and income recognilio
N4tsre of income
Gros5 incorne represents the valu¢, net of value added tax and discounts, of goods provided to customers a￿d work Ca￿led out in
r¢sp¢ct of scrviccs provided to customers.
C*te¥orAe5 ￿1￿cO1￿C
Income is catsgorised as income from ¢xchang¢ traTJsactions (contract income) and income from noTrcxch3nge trnnsactions (gifts).
investment in¢ome and other incom
Ineome from excha￿ge ¢raDsactions is received by the thority foT goods or seTri¢es supplied under Contract OT where entitlement is
subject to fulfillingperfonnancc r¢lat￿ wnditions. The income the ch￿lty receives is appmximately ¢qual in value to the goods or
services suppli￿1 by the charity to the pU￿h8$¢r.
from a nOD-exebange tr#nsAetSoll is where the charity receives value from the donor withO￿t providing equal valu¢ in
exchang¢, and in¢lud¢s donations of money, goods and services freely wven wiihout giving cqu81 value in exchange.
ltteome recogDitioll
Income, whether from exchange or non exchange tTansactions. is recognised in the statement of financial activities {SOFA) on a
Twcivable basis. when a transacÉion Dr olher ev¢nt ￿5VI￿ in an incrca5c in the charity's assets or a TeduL4ion in its liabiliti￿ and only
when the cljarity has legal enlitlement. the income is probable and b¢ ￿¢aSur¢d rcjiably.
DivideJNis are a¢crn¢d when the sharehold¢r'$ Tight lo rrt¢ive pa)qncnl 15 Cstablished.
Income subject io tem)s and ¢onditi(Trns which must be met before the charity is entitled to the resource5 15 not r￿O￿ls￿ until the
Conditions have b¢¢n met.
All in¢ome is accounted for gross. bcfor¢ deilucting any related fees or costs.
16

XLWales
Notes to the A¢counts for the yefir ended 31 December 2023
Policles relating lo expenditure on so•￿$ andservicesprovided to the charity.
Reeognltiott of liabilitie8 and expelldlthre
A liability, and the related expenditur4 is recognis&l whe]] a l¢gal or coJ]strnctive obligation ¢xi5ts as a result of a past event. 8]Ml
when it is morc likely than not that a transfer of ¢¢onomic benefits will be required in settlemenL and when the amoum of the
obligation can be measllreAI or reliably estim8t¢d..
Liabilities arisin¥ fron] future funding commitm•)15 and constnictive obligations, including perforn)2nce related grants, where the
timing or the amount of the future expenditure required to 5¢tt1e the obligation are un¢ertain, give rise to a pmvision in the accounts,
which is reviewed at the accounting yrar end. The provisioj) is increased to reflect any inrr¢a%5 in liabilities, and is d¢¢r¢as¢d by th¢
ulilisation of any provision within the period. and reversed if any provision is no longer r¢quired. These movements are charged OT
credited to the respe¢live fund5 and activities to which the provision relat¢s.
AllocAtlng eost$ to ictivitieg
Dir¢a Costs that are specifically relat￿ to an activity are 211o¢ated to that activity. Shared direct costs and support ¢osts are
apRKJrtioned between activities.
The basts for apportionment, which is consistently applied. aTht proportionate to the circumstances. is :_
St4rrin8- on th¢ basis of time spent in cotmcction with any particijlar activity.
Premises rtl*ted ¢o¥ts- on the proportion of fl(K)r gT¢a 0¢￿P]Cd by a parti¢ular a¢tivity.
speelllc support eosts - on th¢ basis of the usage of resources. in tern￿ of tim¢ tsken, capaciry us¢d, request
made or other measu￿$
Policies r¢lAling to assets, Ildbuities 4ndprovlslons and other m4¢ler&
Tangiblef￿ed
Tangible fixed assets are me4sur¢d at thcir original cost valu¢. or 5ub5equent revaluation, or if donat￿. as describ￿ aboY¢. Cost valy¢
includes all wsts expended in bringing the asset into its intended working condition.
Dcpreciation has b¢en PTovided at the following rate5 in order to write off th¢ asscts to their anticipated rc5idual value over their
estimated usefijl liv¢s.
Plant and machinery
15 0/0 straight line
A regular annual review of th¢ likelihood of asset impaiment is undertaken.
Debtors
DebtOTS are measured at theirrecowable amounts at the balan¢¢ sheet date.
Cr¢dltor5 and provision8
Short terni ￿edItOrS are measured al transaction price (whT¢h is usually the invoice pri¢e)- Loans and otber financial liabÉlities ar¢
initially re¢ognis¢d at trdnsaction price ne¢ of any ITansaction wsls and subsequentty medsured at amortised cost deterniined using the
eff¢¢tiYe interest method.
Cash alld bAttk b4laDees
Cash held by ihc charity fft& included at the amounl a¢￿allY held and counted at the year end. Bank balance4 whclher in credit OT
overdrawn. aTV sI￿￿n at the amounts properly T￿onCIled io the bank statements.
P¢llsioDs- defined CO￿tr?1 )utioD 5cbemes
Th¢ charity operates a defin￿ contribution p￿1$10￿ scheme. Contributions are Charg￿ to the profil aTJd Ioss account as they be¢ome
payable in a¢¢ordance with the njlw of the scheme.
17

XLWales
Notes to the Aecounts for the year ended 31 Deeejnber 2023
Fund AccovDtIDg
Unr¢strictLMI fund5 ar¢ available for use at the diw¢tion of the tn]stees in furtherance of th¢ gcn¢J31 objectives of the ch8rity.
2 Liabillty to taxation
Th¢ Twstees comsider that th¢ chaTity satisfies the tests Set out in Para￿aph I Schedule 6 of the Finan￿ Act 2010 for UK
CO￿OratiOn tax purposes. Ac¢oTdingly, the Charity is pol¢niially exempt from iaxation in respect of income or capital gains Teceived
within categories ¢Ov¢r￿ by chapter 3 part I l ofthe Co4)oration Tax Act 2010 or S¢¢tion 256 of the Taxation of Chargeable Gains
Act 1992, to the extent thai such income or gains ar¢ applied exclusively on the specifi¢ ¢haritsble objects of the charity and for tK)
other PUTpose. Value Added Tax is not recoverable by the charity, and is ih¢r¢for¢ included in thc r¢l¢vanl ¢osts in the Ststement of
Financial Activities.
3 Winding up or dissolution of the ch4rity
If upon windin8 up or di5501ution of the chaTity there remain any assets, after the satisfaction of all debts and liabilities, the assets
represented by the accumulated fiu)d shall be transfe￿ed to som¢ other chatitsble body or boih'e5 having similar obj¢¢ts to the charity.
4 SlgnificaDce of fininclal instruments to the charity's posfitfjon
Th¢re is no SI￿1f1¢an¢e of financia] instrumcntS to the charitys financia] position or perfornian¢e.
5 Net surplu5 before tAX Jn the finaDcial year
2023
2022
The net suTplu5 before tax in the financial year is slated after charging:_
D¢preciation of own¢d fix￿ assets
Pension costs
672
723
965
845
6 Staff ¢ost5 and emolunbent5
Salary costs
2023
2022
Gross Salari&8 excludiJ]g trustees and key manag￿ent personnel
Employefs operating ¢osts of defined Contribution pension schemes
41.797
723
43,889
845
Total sg14rie& wages a￿d rel4ted ¢ostS
42.520
44,734
The averdge numb¢r of part time staff employcd in the year was
The estiJnaicd full time equivalent number of all staff en)plOY￿ in the yeaT wa5
The estifftffled eqmivalenl nvrnber time deployedin difftr¢w aeiiviliff5 in iheyear MW5.'.
Eng2g&l charitsble aciivities
The eslimaledfull lime equivalenl nuwjbev offjllstulfemployédosabove
18

XLWales
Notes to the Aeeounts for the year ended 31 Deeember 2023
Neither the trnstees nor any p￿on$ ¢onn¢¢ied with them have Teceived any r¢mun¢raiion fmm the charity or any rclat¢d entity, either
in th¢ Qu￿¢nI or PriOT y¢or.
No employ¢¢s re¢¢ived emoluments {ex¢luding pension Cosis) in excess of £60,000 per annum.
No
Iyo
Ivumbers ofsu¢b whom benefits4re attrwng :"
Under defin￿ contribution peJJsion s¢h¢mes
High¢* patd employee
Th¢ r¢munerdiion in the year was
Pension contributions paid by th¢ ¢mploy¢r
14,558
432
15,911
428
Trtal remHnern¢ionpdcka8e inelmded in irtalsulorlu above
16
39
7 Remun¢rarfon and paym¢nt$ to Trnslees and persons Connected Jyith them
No tjusttts or persons connected with them received any remuneration from the charity. or any related entity.
8 Tangibl¢ fixed assets
CMrreM Year
Plattt &
MAibillery
Totgl
Cost
At l January 2023
Additions
24,005
878
24,005
878
At 31 DeCe￿ber 2023
24W3
24,883
Deprec1#￿0￿
At l January 2023
Charg¢ for the y￿r
21.037
672
21.037
672
A131 Deeember 21123
21,709
21,709
Net book value
At 31 December 21123
3,174
3,174
At 31 December 2022
2,968
2968
19

XLWales
Notes to tbe Accounts for the year ended 31 December 2023
Prior Yeor
Plant &
MaehlDery
Tot*]
C05t
01 January 2022
Additions
22,767
1,238
22.767
1,238
31 Detember 2022
24,005
24,005
Depreel*tlo
01 January 2022
Chargc for thc year
20,072
965
20,072
965
31 Deeember 2022
21,037
21,1137
et book value
31 Decemher 2022
2,968
2,968
31 December 2021
2,695
9 Debtors
21123
2022
Other debtors
89
69
10 Creditors: amounts falling due within one year
2023
21122
AccNals
1200
1.164
I I IDcome and Expenditure account smmmary
2023
2022
At l Jauu*ry 2023
s￿￿]US{defiCIl) for the year
34,387
8,228)
35,626
(1,239)
At 31 Dvtmber 2023
2fi159
34J87
12 No related party traDsactioDs
Th¢r¢ were no transa￿10￿8 with related parties in the year.
20

XLWales
Notes to the Accounts for the year ended 31 December 2023
13 Partieulars of how particular funds are represented by assets and liabilities
At 31 Dt¢¢mber 2023
URre5trlcted
De$ignJted
funds
Restri¢l¢d
Totsl
fllnds
fuad$
FMDdi
TaDgibl¢ Fixed Assets
CuThent Assets
3,174
15,527
(1,200)
3.174
25,185
(12￿0)
9,658
Cumt Liabilities
17,501
9,658
27,159
At l JanuAry 2023
Unrestslcted
De5i¥n•ted
fvllds
Re5tri¢t¢d
IBDd8
Totsl
Tangible Fixed Assets
Current Assets
2,968
25.877
(1,164)
2968
31583
(J,164)
6,706
CuThent Liabilities
27,681
6,706
34J87
14 Change in total funds over the year as shown ID F40ts 13 , analy5ed by individual funds
bMu%ht
forward from
TraDSfer5 Fullds cxnled
between fund5
forward to
ID 2023
2024
Mov¢m¢nt
fund8 In 2023
21122
Unrestricied anddeslgntttedfunds."_
Unrestricted Revenue Funds
27,681
(10,180)
17,501
Total UllTestrSeted desigllated
27,681
{10,180)
I?￿01
R¢MrictedlMnts...
DWF and Children and Young People Fund
6,706
2,952
9,658
Total restri¢*ed fundg
706
2,952
9,658
Totsl ehArity
34,387
(7,228)
27,lYJ
21

XLWales
Notes to Ihe A¢eoMnts for the year ended 31 Deeember 2023
15 Analysfis of mov¢meDts funds over the year a$ shoivn in Note 14
Other
Gains &
Ineome
Expendfitsre
MovemeDt
Los$e$
ID f¥nds
2023
21123
21123
2023
Unr¢slric¢edanddesigxotedlwuls."_
Unrc51ricted R¢v¢nu¢ Funds
R&¢ridedfUn￿...
DWF and Children and Young People Fund
40,993
(51,173)
{10,180)
(2,048)
2,gS2
45,993
(53,221)
{7,228)
16 The purposes for wbich tbe fund% as
U*r*&tri¢ted and duigMutedfMnds.'.
These fuThls are held for the m¢¢ting the objectives of the charity. aThJ to provide
rese￿eS foT fvlure activiti&q, and, subject to charity legislation. are free from all
restrictions on th¢ir us¢.
Unrestri¢ted Revenue Funds
Restrieledfmttds
DWF
Th¢ d¢livery of Digital inclusion project and Children and YO￿)8 Pwpl¢ Fund-
Funding for Holiday Club.
17 Ultimats eoDtrolliDg party
Th¢ charity is under the control of its legal rnembers.
22

XLW4les
Detailed analy$lg of Intom¢ •nd ¢yp¢ndliure for the year ended 31 De£ember 21123 05 Tequlred by th¢ SORP 2015
rhts clossuled t•y ¢Ohve￿￿To￿ol￿ominol ducripliL•ns by odlvlty.
IS Donotion5, Gr*nts and Legaci
Currth ytllr
UMr¢siwtttrd
Currentyear
Restrlctod
Fwds
CprYt￿tyttr
Totul FuDd¥
PTitstYor
Tot*lFund5
2023
2Tr2J
2•Z3
IhbD8doDS aDd glfts frtsm llldlvldoals
Small donation5 individu811yless than £lOOO
700
Total donailons grtd #ifts from IDdivId￿lls
7110
C￿￿1￿tYe￿r
u￿reSt￿tted
F￿￿5
2023
Currentyeir
Restficted
Funds
2023
Current yur
Prknryur
Tolal
Tothi
2023
2022
Rvenue grarnts from gov¢rttTrni pul
W¢lsh Chwch Act
City and CountyofSwan5e8 Children and
Youty8 Pw50ns Partnership
City& County of swar￿a-cOv1D 19 Grajht
3,000
3J(Xl
500
Wc]sh Council for vO]untary￿b0n
11.436
Family Inforn)&tion S¢Nc¢ s￿p[
1,710
Total publir sedor reyenue gr￿ts
18,646
Curr¢ni year
Umnstrf¢ttd
Fun
Currtlltytllr
Rttthtted
Funds
Currentyttr
p￿￿tye•r
Totll Fwd$
Tot¥1 Fw
20
2023
Z022
Rtvenu¢ 8r4Dts don&tiotts from
pvbJ5t l￿dI¢S
The Uysdinats) Th]st
DWFFo￿jdaIl0rt
J,wo
I,(x)o
Tot81 PTlwAts settor r¢veny¢ grxuts
Currtul year
CurreDI year
Rts*rlEttd
Cufreknt ye*r
PvSor Yur
TvtAI FMlld5
Toi•l Fwth
2023
2023
2023
2022
Capltal grAllts ftom 8ovtr•tnellt And p¥b]ic
bodi¢s
City& County of Swans¢a Capital Gra])I
i.ooo
1,000
Total public se¢tOT r*pItsI grants
Total Donations, Gr•Dls 4nd
LeRa¢ReS
1.0
Al
ZDJ46
23

XLWales
D¢t#lled anal￿13 of Ineome and expendit￿re for the Ye￿ ended 31 December 2023 Is requlred by tht SORP 2015
19 Ittcome from charitable actI￿lIes- Trading Aetivffitles
CurrÉwy¢&r
c￿rrth*Y¢Ir
u￿rE￿¢T￿led
Ftslld5
Curreni y¢*Y
RettrirtEd
Funds
Currtthyur
PrforYt*r
Fw*l$
2023
202J
2023
2022
Prlmthry PUrp￿t aDelllary tradlng
Out of sthwl acliYilie6
34273
34273
2?.409
School mad8hows
4.340
6J90
comm￿ltygrOUp5 nYddshow5
,195
l.J95
611
Total Prlmary P￿rPose And unelllw trathng
39,808
39.808
34hiO
20 Totsl Ineomt from ¢hwrStable setlvltlts
Cryrrentyear
u￿restrIc*d
Currpllty￿r
R¢9tritted
FllDd$
2023
Currtty yt4r
Prlor Year
CuTh¢v¢ye4r
Ttyl￿ Fwd$
Ttst*lF￿nrfS
2023
2022
Total i]Kome from chaTilable Irddim¥
39,808
39
34.41
T￿tAl frorncbarlt8ble Acdvltltg
39.808
34AIO
21 Other income alld g8in5
Currebtt yt*r
UDrestbl¢t¢d
CprreDtytAr
Restricted
Fuods
202J
CurrtDI year
PrJorYe*r
C4rY¢hiyur
TDt￿ Fulld5
Totsl Funds
2023
2023
21n2
SwJ(lrythhez income
185
12
Tot•1 oth¢r irJ¢ome
185
185
12
24

XLWales
DttHiled an4lysl$ of Sn¢ome and expendi¢￿re for ¢h¢ year ¢nded 31 December 2023 •$ requlred by ihe SORP 2015
22 Expettditure on eh4ritsbft¢ •ed%￿lIes- DArect $pÈnditt8
Cymlliyear
]wfslrl¢led
F￿a$
21123
Currèmi year
ReAtrftled
Prl•rYur
rreMI Fe4r
Trf*I FMd6
20
2022
GTOSS wages and salar1￿- charitsbl
aclivities
Derm￿ contribution P￿lI)n costs -
chatitabl¢activi¢ies
TrAvel and Subsisten¢e- Charitable
A¢tiNiiies
Markding and advutising of charitsble
s¢Tvi¢es
MaieriaLs and 4uipmfflt
Rajt
39.801
1.996
41.797
43J89
723
723
518
52
$70
678
102
702
3,564
3,275
Totsl direct Spe￿ding
B2*
45.422
47,470
49387
rlorY¢*r
PYl•rYur
PrbtrrYt*r
Prior Y￿r
Funds
21J22
Trfal Fwds
2022
2022
Gross WAges and salaries- chaTithble
activiti&
Trnv¢l and Subsista)¢e- Charitsble
Aciiviiies
Matiyiats at￿ ￿￿1pmen1
41,605
2.284
539
139
678
577
21
Total direet spending
23 Support costs for ch&rit8ble activities
B28
4A943
2A44
49J87
c.thrre￿iYo1r
Llnrostrleied
CllfteTrt yt*r
Prltyryur
Roslrtettd
rreni Year
Ttyt*l FUJ￿5
Tot*1
2023
1023
2023
2022
Employee c051s nol included IN direct ctssts
Training and welfare- staff
PremisesExpen5es
ti8bt h¢th N)Wff
R¢nt- storage roojns
Admlnls¢railve overheads
Telephone, fax intemel
P051a8e
stsii¢)n¢ry and printing
Subscriptions to periodicaL%
Sunthy expthses
IrTrsuranc¢
Professlonalfeespald io 4dvtson olh¢rih4n the audifor threxqminer
(kn¢r legal and professional
450
Finoncilll costs
CreAlii card Charges
rkpreciation & Arnortisation in for
196
196
187
195
172
691
691
691
J90
599
47
755
47
755
146
15
627
334
1.126
450
496
38
672
38
6n
38
Support costs before reallKailo
4551
4A51
5.456
Total sliPPOrt COs18- Current Y￿r
4ASI
4>5]
5,456
25

XLWaks
Detailed analysis ol income expendituTr for the year ended 31 Decernber 2023 as reqylred by the SORP 21115
PAor Y￿r
Prlor Yegr
Ytar
Ujireitrlettd
Restrlcled
Pnor Veor
1022
2•22
2ts22
Td￿ho￿A Fax and iniunet
Suppfjrt cost¢ hrfore re4llocation
Tfjlgj sllPPOrt eosts- Prior Year
24 Other Expendltsr¢- Goverm4nc¢ ¢o$ts
500
5J57
SJ57
99
99
99
5856
Curr¢Dt y¢*r
UnYttiYlet*d
Cwrr¢Diyt•r
Rdtri¢t¢d
ds
2023
CurrthiyegT
Currenl YeAr
Totsl Fuw15
2023
23
2022
]ndq)endent Examin&s fees
1,200
IJ
Total GoverD￿¢t ¢05ts
1.21JO
l.J64
25 Total Charitsble expenditure
Currentyear
UnTQStricted
Current year
Resirlcled
UDdB
2023
Cwrr¢ni y¢•r
Ye•r
CMrr¢#t Y¢#r
Tot*lFud6
2023
2023
2fr22
Totsl direcl spending
Totsl Sup[￿ costs
Total Governance costs
B2a
B2d
B2t
45,422
4,551
1200
2.IM8
47N70
4JSI
iJ(
49J87
5A56
Ttst￿ eh&rit•bk ¢XPEoditure
B2
5J,J73
2.048
53,221
Prlor Year
Vnr¢¥*kted
Prlor Yar
Rtjtrirtrd
Funds
2[122
Prlor Ye*r
Prior Year
Tot￿
2022
2022
Total dirttt speThding
Totsl support Costs
Totsl GQVffl￿nce costs
B2fi
B2d
Bze
46,943
5,357
1,164
49J67
5,456
1.164
99
Tot*1 ¢barltable expendlture
B2
53.464
2.S43
26