Company Registration Nwnber- 03191309
The Charity Registraiion Number is :_ 1057268
XL Wales
Report andAccounts
31 December 2024
Cross and Bowen
Chartered Certsfied Accountanl
Riverside House
NormoAdy Road
Spvdnsea
SAI 2JA

XLWales
Report and accounts for the year ended 31 December 2024
Contsnts
P8gt
Charlty Informhtlon
Trustees. Annual Re￿rt
Stgtement of directors, responsibilities
Independent AccollntRnt's Report
Funds Siatements.".
Ststement of Financial Activities
io
Rev¢nue Funds
13
Incomc and Expenditure account
14
Balance Sbeet
15
No¢e$ lo the *¢eounts
16

XLWales
Company Registration Number. 03191309
Trustees, Annual Report for the year ended 31 December 2024
The Trustees PTesahi theirRwi alld Ac¢ounts for the y¢ar end￿ 31 D￿ember 2024, whieh alw comprises lhe
DirectOTS' RqKirt wir¢d by th¢ Companies Aci 2006.
Reference and admlnlstralive detsils
The charity nam
The legal name of the cbarlty is:. XLWale8.
The charity is a]x) known by its opa*ing nam¢ XL Wal&s.
The cljarty's are4$ operollvn and UK eharitoble registrauo
The charlty is registered in England & Wales with the Charity Commi&qion in England & Wales (CCEW) with charity
nllMb￿ 1057268.
The ¢harity does not operate in any oversca$ jUTisdietion8.
L¢galstruclure ofthe charity
XLWales is a charitsble company. limit&1 by guaranfre. I￿￿￿orated on 24 April 1996 and regtstard as a Charity ott I
August 1996. the Cornwdny was (stsbl1sh￿ undera Memomdum of Association a[￿ is governtry] underits Anicles of
Association. ]n the evenl of the company being w(Trund up. memlMX8 rwuiwj to ¢ontribute an nol ex¢euJing
£10.
The governing d￿UMen1 is dated
24 April 1996
There are no restrictions in the governing documents on the operation of the Charity or on its investmenl
powers other than those imposed by Charity JAW.
By operaliojj of law all. trnsttts are dirthrs under the CoJDpani¢s 2006 and all diT￿t0￿ aT¥ tTUSte&% under Charities
legislation and have Iw￿1)111tie4 as sucty ullderE￿th Company and charity legislalton.
The trustees are oll individu81&
The prln¢ipg1 operAting addres4 telephome number, email and Iveb addresses of the charlty are:_
4 Hi8hpDol Lane
Newlon, Swansea
SA34
T¢l¢phon¢ 01792 324060
Email Address Anfo@xlwaks.OTg.uk Web addre&s www.xhvde8.or&uk
The registered office of the charity for Companies Act PUTPOS¢S is ihe same as the operdling address shown
above.

XLWales
Company Regisiration Number- 03191309
Trustees, Annual Report for the year ended 31 De¢ember 2024
The Trnstees in office om the date the report Wa8 #pproved were:_
T.A. Brown
P.R.C. (knugh (Chair)
G.J. Widlake
J. M. J Leclerc
The fomowlllg persott$ served 48 Trnstees durlng the year ende4131 De¢embeT 2024 :.
The tn￿ who servd 8S a trust¢ in the reporting period were as shown abov< and th¢r¢ w¢r¢ no changes during the
yeaT. or An the pe11￿1 b¢tween th¢ year ¢nd and the aN)roval of the accowits.
R¢sl8ne4
T.A. Brow
P.R.C. Gough (Chair)
G.J. Widlake
J. M. J Lec1￿￿
Obje¢ts and activities of the Charity
Thepurposes ofthe eharity as set out in Usgoverning documenL
Th¢ objects of the charity, as set oul ITJ th¢ Memorandum of Asscciation, are the advancement of publi
edu¢alion by providing activities which improve key life and subj￿¢ skills and the advancement of public
understanding of s¢i¢n¢e and technology related subjects. The trustees confirni that they have had regard to
the guidance contained in the Charity Comission's general guidance on public benefii when reviewing the
charity's aims and objectives and in planning its activities.
The activities underthken in re141wn to ¢hosepuryposes dunng ¢heyeAr.
The main activities undertaken are described below.
The main activiliu undertaken during theyear iofurther the charity'spurposefor thepublie
benefiL
Holiday Club
Holiday Club XLWales As a school holiday childcare play scheme, registered wilh CIW. It provides l OO'S or
filled. action packed, indoor and outd(x)r activities for 3 to I l year olds. The club is based in
Oystermouth Primary School. Mumble4 Swansea. 1150 children attended club during 2024 (2023.1068
children), a 7/0 increase on the previous yur.
Schools, Roadshow
During 2024, 28 piimary school4 2247 children and 98 teachers and classroom assistants benefited from a
visit. (2023: 19 primary sch(K)Is, 1449 ¢hildren and 67 i¢achers and classrTr)m assistants). Throughout the
visits, pupils parti¢ipat¢ in STEM (science, technology, engineering and maihs} activities des1￿cd to rnect
Ihc needs of the National Curriculum and Foundation Phase. The activities are suitable for children from
age 3 to I l yeaTS and help pupils lo develop essential life skills. su¢h as problem solvin& team workin
Ihinkin& investigatin& communicating. creating and a 'can do. approa¢h.
12 of thi￿ visits were funded bv the National Grid Community Matters Fund.

XLWales
Company RegistTation Numb¢r- 03191309
Trnstees, ADIIIIAI Report for the year ended 31 December 2024
Conllnuntty Group Roadshow
The coll￿u￿1tY Group Roadshow takes fun and hands on Challeng￿ into community settings. These
include Museums, Carnivals, Business Skills. Youth Projects. Librarics, Lifelong Lcarning Centr¢
Community Centres and Family Learning Groups.
There were 3 visits to groups during 2024, with 141 children and 53 adults bencfiting (3 during 2023, 68
children) and 6 visits to thc National Waterfroni Museum duTing the 2024 Summer of Fun initiative with
252 children and I W adulis benefiting (2023. 5 Trisit& 183 children. 147 adults).
The trusLco8 have had regard th the Charity Commission's guidance on public benefil itt managing the activities of the
The main gchievements and performance of the chArity during the year.
Comments by chair of Trustees
The number of childr¢n attending the Holiday Club increased by 70/0 over the previous year.
The Schools, Roadshows saw an increase of 55 % in the number of children benefittins while the
Community Group Roadshows saw an increase of107 /0. In addition. the Summer of Fun PTogramrne at the
National Waterfront Mus¢um saw an increase in attendance of146O/0 ¢omparcd to 2023.
Incom¢ from charitable activiti¢s increased by 141/bo during the year to £46K reflecting ihe increase in
activities.
Jn¢ome from donations and legacies increased by 2630/0 10 £22k. Within this figure, revenue grants from
govmimenl and public bodi¢s de¢reased by 200/0 to £3k. This was received from the City and County of
Swansea Children and Young Persons Partnership.
R¢venue grants and donations from non-public bodi￿ increased from £2k to £19k.
XL Wal¢s is grateful for the fuwlcial support received during these dtfficult times.
Thc results for the year show a deficit of £14k on unreslrict¢d fimds and a Surplus of £18k ￿ restrActe41
fimds, leaving an overall surplus of fAk.
Unrestricted thnds at the year end ￿00d at £3k. a si￿1fiCant shortfall against the target of £14k specified in
the Charit￿$ Reserves Policy. This left the Charity technically insolvent at 31 December 2024. The Trustees
have considered carefully the estimatcs of income and expenditure for 2025 and are confid¢nt that the
Charity will generate sufficient income in 2025 to meet its ¢xpenditure. In addition. it is anticipated thai the
Charity's Reserves Policy will be fi]Ifilled at 31 December 2025.
The TrU￿¢¢S are mindful of the ongoing challenge of raising fimiLs to support its activities.
The Truslees remain convinced of the value and relevanc¢ of XLWales and seek to maintain its position as
a leading provider of public education and to continue to makc an important contribution to ihe
advancement of STEM {Science, Technology, En8ineeTing and Mathem2tics} related subjecls in Wales.
The S¢hwls' Roadshow activiti¢s show particular relevance lo the cU￿1cUlu￿ aiding teachers in the
delivery of subjects they are not always comfortable with.
The Trustees are aware Ihal the next few years will continue to be cha]lenging. The PriOTity will be to seek
external grant funding in order to continue to deliver our services to th¢ children of South Wesl Wales.
The XLWales staff are to be cornmended on the excellent work ¢aTried out throughout the year under
extr¢mely difficult ¢iTcumstances.

XLWales
Company R¢gi8tration Number- 03191309
Trnstees, Annual Report for the year ended 31 December 2024
XLWales is ￿ate￿I to all its key fimders, City and County of Swansea (Children and Young P¢ople Fund).
the Llysdinam Trust, the Charles Hayward Foundation, National Grid Community Matters. National Lottery
Community Digital Inclusion and the Blakemore Foundation for supporting its work and enabling it to
provide over 3,900 children, together with their teachers and parents, the opportunity to engage in STEM
adivilics. We believe that we are making a si￿]rIcan¢ contribution to delivering key policy objectives of
the Welsh Government and hope this will be recognised in order to consolidate our strong platfonn and to
expand activities in future years.
Strncturey governance and management of the Charity
The methods used io recrnit and appoint new charity Érnstee&
New trustees are appointed upon the recommendation of existing trustees. One third of th¢ ITUStees musl
r¢tiTe at each annual general mecting and offer themselves for re-el¢aion.
Co-operative Ballk
Cross & Bowen, Riverside House, Nonnalldy Road, Swanso SAI 2JA
A¢¢ountants
Finan¢lal review
The charity'sfin4MciAlposition at the endoftheyear euded 31 December 2024
The financial position of the ¢harily al 31 December 2024 and comparatives for the prtor perio¢ as morc
fully ddailed in the accounts. can be summarised as follows:_
2024
21123
Iyet Intome
4.284
17.228)
UAw¢strict&l Revenue Funds available forihe gen¢ral
purposes of the clwity
3,227
17,501
ReStr1d￿ Revenue Funds
28216
9.658
Totsl Funds
31.443
27,159

XLWales
Company Registration Number- 03191309
Trustees, Annual Report for the year ended 31 December 2024
Financial review of theposition al the reporting date, 31 Deeember 2024,
The trustees consider the fmancial pe￿Orn￿nC¢ by the dlarity durlng the year to havc been satisf8¢tory.
Polieia on reserve&
It is th¢ policy of the ch&Tity to hold UllTG4trided funds at the Icvel required to meet all it's liabilities should
the charity be required io wind up. At 31 DcccmbeT 2024 the amount required is estimated to be £14k. The
level of unrestrirtcd funds at 31 December 2024 was £3,227 which represents a significant shortlall against
thc target.
Availability and adequacy ofassets ofeach oflhefundii
The board of trustees is satisfied that the charitys assets in each fund are available and ad¢quat¢ to fulfil its
obligations in respect of each fimd.
Plans For the Future
Summary Of plan5 for the futhre and the trustees, perspe¢tive of the futhre dtr¢¢tlon of the ¢harlty.
XLWales will continue to dellver a¢tivilies both in and out of school consistent with its objectives and the
need to be self-financing.
We will look into posstble funding sources to continue projects thai aim to introduce new technology into
the community thr￿gh working with family learning ￿0uPS and others.
We will ¢ontinue lo seck ways to incre&s¢ the number of Roadshow visits.
We will continue to promote the Holiday Club to ensure that it generates fvnds to enable it to become
sustainable.
Our fijndrdising efforts to secure donations and grants to deliver OUT charitable objectives will Continue.
We will wntinue to build on the success of of the Digital Inclusion in the Community sessions.
Indepemd¢nt ExamiDer
Mrs Jtslte CoTb¢tt
Member of The Assoctation of chort￿￿ CertifI￿j Accountsnts in the unli￿ Kingdom.
Riverside House
Swansea
SAI 2JA

XLWales
Cornpany Rewti3tion Numbw- 03191309
Trustees, Annual Report for the year ended 31 Deeember 2024
Statement of the Dlrectors Trustees, Responsibilities
The charitys trustees are responsibl¢ for the prq)aration of the accounL8 in a¢coTdance with the terms of the
Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Rep(rts) Regulations 2008.
Notwithstanding the explicit requiTement in thc cxtant statutory regulationsthe Charities (ACcO￿tS and
Reports) Regulatiijns 2008, to prepare the financial sthtements ill accordance with the SORP 2005. in vi¢w
of the fact that the SORP 2005 has been withdrawn, the Trustccs dcterniined to interpret this ￿SponsIbl11ty
as requiring them to follow current best PTactice and prepare the accounts according to the FRS 102 SORP
(Statcmcnt of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by
the Bulletin issued in October 2018 and applicable to all accounting peTiods begtnning on or after l s¢
January 2019), fflie SORP), .
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial
statements for each financial year which give a tru¢ and fair view of the state of affairs of the charity as at
the end of the financial y¢ar and of the SUTplus or deficil of the Charity. Jn preparing thos¢ finan¢ial
&*atements the Board is required to :_
- to prepare the accounts in accordance wttb United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable law).
sele¢t suitable accounting policies and apply them consistently.
make judgements and estimates thai are rrasonable and prudent.
- prepare the financial statements on the going concern basis unless it is inappropriate
to Presume that the charity will continue in business;
state whether applicable a¢¢ounting standards and statements of
recommended practi¢e have been followe41, subject to any rnaterial
departures disclosed and cxplained in the finan¢ial statements;
The law requires that the truytc£s must not approve the accounts U￿csS they are satisfied that they give a
true and fair vi¢w of the state of affairs of thc charity and of the surplus or deftctt of the charity for the year.
The Trnstees ar¢ also r¢sponsibl¢ for maintaining adequate accounling records which disclose with
reasonable accuTacy at any tiTnc the financial position of thc charity and which are wfficient to show and
plain the chariws transactions and enablc thcm to ensure that the financial statements comply with the
Companies A¢t 2006 and comply with regulations made und¢r the Charities Act. They are also Tesponsibl¢
for safeguarding the assets of the charity and hcnce for taking reasonabl¢ steps for the pr¢vention and
detection of fraud and other irregularities.
The TnJ*ees are also T¢spon$ibl¢ for the contents of the TrnM¢es' rwrL and the slatutory twnsibility of the
Independent Examiner in relation to the Trnsttts, report is limitd to examining the rqxTrrt aJLd eJhswinE th*, on the fa¢¢
of the r¢ptsrt, there are no malejial inconsisiencles with the figur¢s disclos￿ in the fllLgncial stat¢men

XLWales
Company Registration Number- 03191309
Trustees, Annual Report for the year ended 31 December 2024
Method of preparatlon of accounts - Small Company provlslon$
The financial statements are set out on pages l O to 27.
The financial statements have been prepared implementing the FRS 102 SORP (Statement of
Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulldit]
issued in October 2018 and applicable to all accounting periods beginning on or after I sl January 2019},
(rhe SORP), and in accordance with ihe Financtal Reporting Siandard 102, (effective January 2016)
These financial statements have been prcpared in accordance with the provisions in Part 15 of the
Companies Act 2006. applicable to companies subjecl to the small companies regirnc.
This report was approv￿ by the boonl of trnstees on 7 Cktob¢r 2025.
P.R.C GOUGH
DIT￿tor and Trnst¢e

XLWales
Report of the Independent Examiner to the Trustees of the charltable company on the Ydccounts for the year
ended 31 December 2024
I rq)ort to the Trnslees Im my examination of the fjnancial statements of the charitsble company on pages 10 to 27 for the year
)dfxl 31 Drf¢mbcr 2024 which have been preparoj in accordance with the Charilies Act 2011 (the Act) aDd with the Ftnancial
Rw)rting Standard 102. [eff￿ttve 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Prnctir¢ for
Accowiiing and Reporting by ChaTities) 2015. (as am¢nd¢d by th¢ Bulletin issueA in October 2018 and applicable to all
accounting p¢riods beginning on or after 1st January 2019). {The SORP). publishtxl by the Charily Commission in Englts￿d &
W81&% (CCEW) , and under tbe historical cost convention und th¢ accounling policies set out on pagc 16.
Respective r&%ponslbllltles of the Trustees and the Indep¢ndent Eiaffjiller alld the basls of the report
As d￿ribed on pag¢ 6. you. thc charÉtable company's T￿￿e£l. who are also the Dir¢thrs of the Company for the purposes of
Company law, ar¢ ￿S￿hns]blc for the preparation of the financial statemenL4 in accordancc with th¢ C(Trmparties Act 2(M)6, the
Charities Act 2011 and all other applicable law and with Unitd Kingdom G￿¢￿IlY Accept(xl Accounting PtactiLe, applieabl¢
to smaller entitie& and foT king satisfi￿j that the finan¢ial stal¢m¢nts giv¢ a true and fair view.
The Trn5tees consid¢r that Ihe audit requirement of Section 144(1) of the CharAti¢s Act 2011 (th¢ A¢t) does not apply> and that
there is no rwirement An the memorandum and articles of the charity for the ¢ondu¢ling of an audiL and that the accounts do not
rffjusre an audit in accordanee with Part 16 of th¢ Companies Act 21y)6 aDd that no memberor members have requested an audit
pursuant to Section 476 of th¢ Companies A¢t 2006. As & cons&]uencfy the Trllstees hav¢ ¢l¢cid that the financial siaienjents be
$ubj#l to independent examination.
Having satiSfi￿J mys¢lf ihat ihe finoncial sthtements are nol rtyuireAI to be audited und¢r any I¢￿] provision. or otherwis¢ and
areeligible for indq)endeni examination, it is my r¢S￿nSIbIlIty to:.
a) ¢xamine the financia] statements of the charity under S¢ciion 145 of the Act.
b) follow the applicable procedures in th¢ Direction5 given by the Charity Commission under section 145(5)(b) of the Ad.
BAsis Independent Ex*mlner'$ Ststement *Dd scope of work undertaken
I re￿rt in respect of my exatnination of the charitls f￿￿018] st&tcments' WT1￿ under s145 of th¢ Art. ID wrying out my
examinatii)n, I have follow￿ all th¢ applicablc Directions given by the Charity Commission under S￿tiOn 145{5Xb) of the Act
setting out the duties of gm indq)cndcnt cxaminer in relation to the conducling of ]ndq)￿d¢￿l MMIn￿10n. An 1ndq)￿dellt
cxamination includes a review of the accowiling records kepi by the charitable compally ynd orth¢ aCL))unting systems
cmploy(xl by the clwitable company and a eornparison of thc financial statements presented with those ftxords. It also includ¢5
c()nsiderAtion ofany unusual items or disclosur¢s in thc fJJ]ancial statcments, and seeking explanations from you. as Trust￿5.
cnT)cerning such mattcrs. The pury￿￿e of the examÉnation is to establish as far as possible that there have been breaches of
ehaTRty legislation and that, on a t&st b&sis of evidence relevant to the aTnounts and disclosures made. th¢ financial sthtements
¢omply with th¢ SORP.
Thepro¢￿UreS Und¢rtak￿ do not provide all the evidence that would be requi￿1 in an audiL and inforn)ation supplied by the
T￿￿tee5 in the COUTS¢ of the exatnÉnation is not subject￿1 to audit t￿ts or la￿u]n¢5 and do¢5 not wv¢r all the matters thal an
auditor would consider An arrlving at an opinion. Th¢planning and conduct of an audii beyond th¢ limited gssurance that an
sndependent examination can provide
Conswu¢ntly. I do not express an audit opinion on the vi¢w given by the financial s¢at¢m¢nis. and in particular, l expres5 no
opinion as to whether the finaneial stat¢anents giv¢ a tru¢ and fair view of the affairs of the charity. and my report is limitd to th¢
matters set 0￿1 in the 5tat¢ment below.

XLWgles
I planned and wfornied my examination so as to satisfy MY￿lf ihai th¢ ObJ￿tiveS of the independent exarnination are achiev
and before finali8ing the report l obtainsj written a$surni¢es from the Trustees of all material matters.
Independellt ExAmlner's Statemen( Report and Oplnlo
SUbJ￿t to the limitations upon th¢ scope of my work as detail￿ aix)v4 I have completed my examination.. and can confirni that:_
Th¢ 8¢¢ounts of this charitable company are not rquired to be audited Und￿ Part 16 of the Companies Act 2006.
This is a rwrt in respect of an examinatton Carri￿ out u￿der 145 of the Act and in accordanc¢ with DI￿tionS giv¢n by the
Charity Commission under section 145(5)(b) of the which may bc applicabl4
and that no material matters h&ve come lo my attthtion in cOnn￿tiOn with th¢ uamination giving me Cau￿ to be]ieve in any
material respect:_
accoullting r￿ordS w¢r¢ n()t kept in TeSP¢Ct of the chBrity as requiral by Se¢lion 386 of the Compani¢s Ao 2006 and Wtii)n
130 of The Chariti¢s Act 2011.
the financial 5talemenls do not accord with those records. or
the financial statements do not comply with th¢ appl]￿ble requirements concerning the fom and content of accounts set out
in ￿tIOn 396 of the Companies Act 2006 other than any rwirement that the accounts give a'true and fail view, which is
not a matter consider￿1 as part of an indq)endenl examination"
have not beer] prcparLxl in accordance with the mdhods and principle5 set out in the FRS 102 SORP (Staten￿l of
ReL'offlfftended Praclicc for Accounting and Reporting by Charities) 2015. (as amcndcd by thc Bulldin i&sued in October
2018 and applicable to all accauntit]g periimls beginning on or after 1st January 2019), (The SORP).
I have no ¢on¢erns and have come across no oth¢r matt¢rs in Conne￿10n with the examination to which attention should b¢
drawn tn this r¢port in order to enable a prow undeTStanding of the financial statements to be reached.
Si8ned:_
Mr5 Juli¢ Corb¢tt- Jndependent Examiner
Charttrd certifi￿ Accountant
Riverside House
Norniandy Road
Swan5ca
SAI 2JA
This report was signed on 7 October 2025

XLWales - Statement of Financiol Activities for the yeAr ended 31 December 2024
S¢a¢ement ofFinancialActivilies (mcluding the Income and ExpendtturÉ Aeeountfor theyear ended 31
December 2024, as required by Ihe Companies Act 2006)
SORP
Rtf
Currentyear
v￿￿$trktsd
Fund$
Curreni ye*r
Currelli y¢xr
Totsl
Prlor Year
Tot*1 Futtd$
FuBds
21124
2024
2024
2023
Income & Endown*llt$ from:
tAITtalions & Lega¢i¢s
Charitable activities
Other
Al
A2
A5
,000
45,569
20,804
21,804
45,569
6,000
39,808
185
Tot*1 In¢ome
4Q569
20,804
67a73
45,993
ExptDdlthre on:
Charltable a¢tsvitics
B2
60.843
2,246
63,089
53.221
Total expendlture
60,843
2346
63,089
$3,221
Net (expeDdJture)Ancome for the ytthr
(14,274)
1&558
4284
(7,228)
Net (expendithreyincome aftsr
transfers
A-￿c
{14,274)
18558
4,284
(7,228)
Net movement h funds
(14,274)
18SS8
4,284
{7,228)
Reeonelllgtlon of futtds:_
Totsl funds brought torw4rd
17,501
9.658
27,159
34.387
Totsl fuods t•rri¢d forward
3,227
28,216
31,443
27,159
Th¢'SORP R¢e indicated above is the classification of income s¢t out in the fonnal SORP docwnents. As requir&1 by paragraph
4.60 of th¢ SOR￿, lh¢ brought forward and carried fonvard fimds above have been agreed to th¢ Balance She¢t.
A Statement of Total Recognised Gains and Losses is in¢luded as a pyimary statement in th¢s¢ a¢¢ounts.
All a¢tivities derive from continuing operations
Tbe notes attached ofj pages 16 to 27 fonn an integral part of these a¢¢oMnts.
10

XLW#les - Statement of Flnancl¥dl Activities for the year ended 31 December 2024
XLWales - Analysis of prior year totsl funds, As required by paragraph 4.2 of the SORP
Prior Ye*r
PrfDr Year
PrffiorYe4r
Total
SORP
Re(
Unrestritled
Rt5tr1cted
FwDd$
2014
2023
2023
Income & EodowmeDts from:
Donations & Legacies
Charitable activities
Other irading activities
Investmcths
Other
Al
A2
1,000
39.808
5.000
o&0
39008
A4
A5
185
185
Total fneome
40,993
45,993
Expelldlture On:
Raising funds
Charitable activities
Other
Bl
B2
B3
on sUrp1￿S on ordinary activities B3
Other taxation
B3
51.173
2,048
53,22J
TotAI expendKtsre
51,173
2,1148
53,221
Net gains on investmenÈs
B4
Nel income for ¢be ye￿r
(10.180)
2,952
(7228)
Tr4nsfers between ￿ndS
Net Income 8fter transferi
(10,180)
2.952
(7,228)
Ne¢ movement Ill fvnds
(10,180)
2.952
(7,228)
Reeo]buliatioll of funds:_
Total fwDd5 brougbt forward
27,681
6.706
34J87
Total funds carrled forw*rd
17SOI
9,658
27,159
A Ststement of Total Rec(j8nis￿I Gains a￿1 Losses is included in these accounis as a separate primary statement
Stat¢m¢llt of Total RecogDi5ed Gains and Losses for the year ended 31 December 2024

XLWales - Statement of Financial Aetlvities for the year ended 31 December 2024
2024
2023
Surplus the yeAr:.
Net ex¢¢ss of incomc over expenditure from operations before lax
R￿liSed gains on disposals of social invesin]¢nts which are programm¢ related
4,284
(8.228)
4,284
(&228)
AdW(dedurt) non income and &¥pendlture lieths.'_
Grdnls for the acquisition of fixeAJ assets
Nei Movement fuDd$ before t4xatio
I,0(
(7,228)
4284
Fullds geDergted In tbe yur #8 $hown on St4tsmen¢ of Fin*nclal Act1}￿tIeS
4,284
(7,228)
The notes attached on pag¢$ 16 to 27 fonn An integral part of tbese 2ceounts.
12

XLWales- Statement of Financial Activities for the year ended 31 Deeember 2024
XLWales - Resourees appRled In the year ended 31 December 2024 towards fixed Assets for Charlty
use:_
2024
2023
Funds s¢n¢rdied in the year as d¢tail¢d ij) the SOFA
Resources applied on furtctional fixed &8sets
Orher applications of fithts
4,284
(7,2281
(878)
el resources avafil8bl¢ to fund charltlble aetivities
4,284
(8,1116)
The noies attached on pages 16 to 27 form 4D llltegral part of th¢se a¢¢ounts.
Movements in revenue and capfital funds for the year ended 31 Deeember 2024
Revenue aeeumuJAted fvnds
UnrestrAtted
R¢8trictr
Totsl
LJ$t year
T(*tal Fullds
2023
F￿bd5
2024
Fwids
2024
2024
Accumulaied funds brought fonvord
17,501
9,658
27,159
34J87
R¢¢ognised gains and losses before
transfers
(14274)
18.558
4284
(7.228)
3,227
2&210
31,443
27,159
aosing revenue funds
J,227
24216
31,443
27,159
Summary of fvnds
Uire$lrfcted
Total
L•$¢ Yeor
aDd
D￿￿81￿￿ted fulld$
2024
Funds
Fundi
Tot*1
2024
2024
2023
R¢venue accun]ulated funds
3.227
28.216
31.443
27.159
The notes attached OM pages 16 to 27 form an integral pArt of these *ccounts.
13

XLWales - Statement of Financial Aetivities for the yeAr ended 31 December 2024
XLWales
In¢ome and Expendlture Aeeount for the year ended 31 Deeember 2024 as requlred by the
Companies Act 2006
2024
2023
Income
Income from operations
67,373
44,808
Investment income
Other operatin8 in¢om¢
185
Gross In¢ome in tbe year before excepilonol ltsm8
67,373
44,993
Gross income the y￿r In¢luditt# exteptioD*l items
67J73
44.993
ExpendiiurÉ
Chaiitable expenditUT4 excluding depreciation and anM)Ttisation
Depreciation amortisation
Govanance costs
Realised losses on disposals of social investments which are programme related
61.215
650
1.224
51.349
672
,200
Total expenditure in th¢ year
63,089
53221
Net IDcome before tsx the fi￿￿¢1&1 ye4r
4,284
(&228)
Tax on surplus on ordinary activlties
Net IDeome After tax S￿ the fillancial yeAr
4,284
(8,228)
Retained surplns for the financial year
4,284
(8,228)
All activities derive from continutng op¢rations
tn accordance with the pmvisions of the Companies Act 2(K16. th¢ headin￿ aJMI subh¢ading5 used in the Income and Expenditure
Hc¢owit have been adapted to reflect the sp¢¢ial natur¢ of thr chariWs activities.
The not¢$ attached OD pages 16 to 27 forni an integral part of these account$.
14

XLWales - Balance Sheet as at 31 December 2024
SORP
Ref
Notes
2024
2023
Fixed assets
Tangibl¢ assets
Cllrre￿t 8s5¢ts
Debtors
2.524
3,174
B2
182
89
Cash at bank and in hand
29,961
25,096
Totsl current Assets
30,143
25,185
CreAlltor8: f￿]Ing due withill olle
year
10
ci
(1224)
(1,200)
Net ¢urrtnt ossets
28,919
23,985
The total net a$$ets of tbe charlty
31,443
27,159
Tbe total net •&sets of the charity Are funded by the funds of the cbArlty. fis followg:.
Restrftttd fuTrds
Restricted Rev4)u¢ Funds
14
D2
28,216
9,658
28,216
9.658
Unrestricted Funds
Unrestricted Revenue Funds
14
D3
3,227
17JOI
3,227
17,501
Dtsignated Funds
Totsl cbATity hnds
31,443
27,159
The'SORTr Ref indicated abov¢ is the ¢lassificalion of Balance Shed it¢ms as set out in the fonnal SORP d0￿mentS. As
required by paragraph 4.60 of the SORP, the brought forward and carried fonvard fimds above have been agreed to the
SOFA.
The directors aTe satisfied that thc company is entitled to exemption from th¢ requiranent to obtain an audit undcr section
477 of th¢ Companies Act 2￿6.
Thc members have not required the company to obtain an audit in accordance with section 476 of the Ath.
The directors a¢knowl¢dg¢ their ￿￿)nSibilItieS for complying with the requirements of the Companies Act 2006 with
respcct to accounting records and the prqTrardtion of ac¢ounls.
The charity is subject to Independent Ex8min&tion undfT charity legislation. And the Twurt of the Indq)endent Examincr is
on page 9.
The financial statements have b¢¢n preparcd in accordance with lh¢ provisions in Part 15 of th¢ Companies A¢1 2006,
applicable to companies subj¢ct to th¢ small ￿mPanIeS regim&
PILC GOUGH
TTUStee
Approved by the board of trustety on 7 October 2025
The Dotes attached om pages 16 ¢0 27 form An iDtsgral part of these a￿0￿￿t5.
15

XLWales
Notes to the Accounts for the year ended 31 December 2024
l Accounting pollcles
Polieiu relating to theproduetlon of the accounts.
Basls of preparatlon and aceountlng cottveDtion
The a¢¢ounts h8v¢ b¢¢n pr¢pared on the accnjals basi4 under the histOTi¢al ¢osl ¢onvention, and in a¢¢ordance with the Financial
Rcporting Sthndard 102, (effective I st lanuary 2016) and FRS 102 SORP IStst¢mellt of Recommended Practice for Accounting and
R¢porting by Charities) 2015, {as amended by th¢ Bulletin issued in October 2018 and appli¢able to all accounting periods beginnin8
on or after 1st January 2019), (The SORP), published by th¢ Charity Commission in England & Wales (CCEW) . effectiv¢ January
2016., and in a¢cordan¢e with all applicable law in the chariOl$ jurisdithion of registraiion, except that the charity has prepaTed the
financial statem¢nts in accordan¢e ￿ryth th¢ FRS 102 SOP￿ (Statement of Recommended Pra¢ti¢e for Accounting and Rcw)rting by
Charities) 2015, (as amended by th¢ Bulletin issuo1 in (ktober 2018 and applicable io All a¢¢ounting periods be8illning on or after
1st January 2019>, {Thc SORP). in preference to the previous SORP. the SORP 2005, which has been Withdraw￿ rjotwithstanding the
fact that th¢ ¢xtanl sta￿tOry regulations, the Charities (Accounts and Reports) Regulations 2008 r¢f¢r explicitly to the SORP 2005.
Thi5 has been done to accord with current best pra¢ti¢e.
Risks and future a55UJDPtlon5
The charity is a public benefit entity.
The Trnstees are mindful of the Charity Cornmission's guidan¢¢ oll Public Benefit and believe that the setvi¢¢s the Charity offers
serves the community.
Policies rel￿1￿8 to categorles of incom¢ and iv¢ome recogn￿10
N#¢ure of income
Gross income represents the valu¢, nd of value added tax and discoun￿ of goods provtded to ¢ustomers and work carrled out in
reSp￿t of suviccs provided to customer
C*tegories of IDrome
Income is categorised as inconje frorn cx¢hang¢ transactions (contract income) 2nd incorn¢ frorn non-exchanEe tran5actiony {8ifts),
investment income and other income.
Income from exthallge tr&ns*ctioDS is received by the ¢hority for go(Mls or services supplied under contract or where entitlernent is
ject to fulfilling perfOrna￿¢ r¢]&t￿ conditions. The income the charity receAv¢s is approximat¢ly equal in vaJu¢ to th¢ gotsds or
servi¢es 8upplieAI by the ch￿lty lo th¢ pU￿baser.
ltt¢ome fTOm a nOUryexcbange traDsAetlon is where the ¢haTity receives value from th¢ donor without providing equal value in
exchange. and in¢ludes donations of money* goods and setvi¢¢s fr¢ely given without giving equal valw¢ in ¢x¢h8nge.
Ineom¢ recoguitioD
Income, whether from exchange or ex¢hange transactions. is tecog[]is￿ in thc statement of financial activities (SOFA) on
rcc¢ivablc basis. when a transaction or other event results in an increase in the clwlty's assets or a re1￿CtiOn ij) it5 liabilities and only
when the charity has legal entiilemenL the income is probabl¢ and can b¢ m¢asured reliably.
Dividends are acrTued when the sharehold¢r's right to r¢c¢ive payment is established.
Income subject lo lernis and coNlitions whith must ￿ met before the charity is entitled to the resources is not recogllis¢d until the
conditions have been met.
All in¢ome is a¢¢ounted for gross, b¢for¢ dei1u¢iing any related fees or costs.
16

XLWales
Notes to the Accounts for the year ended 31 Deeember 2024
Poli¢i¢s relatsng to ￿penditUre on goods ttnd serpleésprovided ts the eharlty.
Re¢ogDitioD of liabllltles and expendltsre
A liability. and the related expenditure. is re¢oEnised when a legal or constry¢live obligation exists as a r¢sult of a past evenL and
whcn il is rnorc likely than not that a trat]sfer of economic brncfits will be requiral settlem¢nt, and when th¢ amount of the
obligation can be m¢asured or reliably eslimated..
Liabilities arising frojn futur¢ funding commitsnenls and cOnstrU¢ti￿ obligations. iThclUdingperfo￿anC¢ ￿lat￿l granw where the
lirning or the amount of the hture expenditure requir￿ to settle th¢ obligatlOD Uncertai￿ givc ris¢ to a PTovision in the accoun
which &5 rcviewed at the accounting year end. Thc pr0175ion is increased to refiect any ￿ncreaseS in liabtlities, and is d¢Cr¢a5￿ by the
tilisalion of any provision within the period, 8nd r¢Yas¢d if any provision is no longer required. These movements ar¢ charg¢d or
credited to the respective funds and actiiryti¢s to whith th¢ provision relates.
Alloc4ting eosts to activitie5
Direct costs that are specifically r¢lat¢d to an activity are allocated to thal activity. Shar￿1 direct ¢osts at￿ support costs are
apportioned between activities.
The basis for apportionment, which is consistently appli￿ and pn4￿rtiOna1¢ kn th¢ circumstance5. IS :_
Stsffln8- on the basis of time spent in connection with any particular activity.
Prcmi$e$ related c05t$- on thc proportion of floor area occupied by a particular activity.
Non specific sliPPOrt eosts - on the ba515 Of the usage of resources. in tern￿ of tim¢ tak¢n, caparity used. request
made or othcr rneasuTes
Policies relaiing lo assets, liabuities andprov￿lO￿S and other matter&
TanglblefLred us545
Tangible fixed assets are measured at their Original Cost value, OT subsequent revaluation, or if donated, as described abov¢. Cost vatu¢
includes all ¢osts exp¢ndcd in bringing the asset into its intended working condition.
D¢pre¢iation ha5 been Provid￿ at th¢ following rates in order to write off the assets to their anticipat￿ residual value over Ih¢ir
estimakd us¢fvl lives.
Plant and machinery
15 olo straight line
A re8ular arumal review of the likelihood of asset impairnyent is undertakuL
D¢btors
tkbtors are measured at their recoverabl¢ amounts at the balance sheet dat
Creditors #Dd PTI)ViSiODS
Short l¢rni ¢r¢ditors ar¢ rneasured at transaction price (which is usually the invoice pri¢¢). ￿lanS and other finpn¢ial liabilities are
inilially recognised at transaction price net of any transaction ¢osts and sub$¢qu¢ntly measured at amortised cosl deterniined using the
¢IT¢ctiv¢ int¢re5t method.
Cash and bank bal*ne¢g
Cash held by the charity is included at the an￿Unt actually h¢ld and Count￿ at the year end. Bank balan¢¢s. wh¢ther in credit or
ov¢rthawn, are shown at tbe amounts properly re¢onCil￿1 to the bank ststem¢ttts,
Penslon$- defi￿ed eolltribtstion ￿kn¢￿e9
The charity operates a defitk¢d ¢oniribution pension schem¢. Contributions are charged to the profil and loss a¢¢ount as thry b￿Orne
payable in accordance with the Nles of th¢ sch¢mc.
17

XLWales
Notes to the Accounts for the year ended 31 December 2024
Fund A¢counting
UJ]restricted fiuKls are ayailable for use at th¢ di5crrt&on of the tmstees in fi￿herance of the generdl objectiv¢5 of the Ch￿ity.
2 Llability to taxation
Th¢ Twst¢es consider that the charity satisfies the t¢5ts Set out in Paragr8ph I S¢hedule 6 of th¢ FinaTr¢e Act 2010 for UK
coryoTrtion thx puo)oses. Accordingly, th¢ Charity is pot¢niially exempt from taxation in respect of incom¢ or capital gains received
within categories covered by chapter 3 part I l of the Colporation Tax A¢t 2010 or Section 256 of the Taxation of ChaTgeable Gai
Act 1992, to the extent that such in¢ome or gain5 are applied exclusively on ihe spe¢ifi¢ Charitable objects of th¢ ¢haTity and for no
other puryrt)s¢. Value Added Tax is not recoverable by the charity, and is therefore in¢luded in the relevant Costs in th¢ S¢al¢m¢nt of
Financial Activities.
3 Windlllg up or dlssolullon of the charhy
If upon winding up or dissolulion of th¢ chaiity there remain any osseis, after the satisfaction of all debts and liabilitses, th¢ assets
represented by the accumulated ￿nd shall b¢ transf¢rrcd lo some other charitable body or bodies having similar objects to the charity.
4 Slgnlficance of fiDaDcial instruments to the charlty'S position
There is no signifirancc of fi]wJcial i]]stnllnents to the charity's finan¢ial position or perfoTmance.
5 Net surylus befor¢ in the fiDanciAI year
21124
2023
The net surplus b¢foT¢ tax in the financial year is stated after charging:_
Depreciation of owned ftxed assets
Pension costs
650
815
672
723
6 Staff costs and emolumeDts
Solary C￿$
2024
2023
Gross Salaries excluding tTUStees and k¢y management personnel
Ernploy¢Vs operating costs of defined contribulion penston ￿hernes
49,609
815
41,797
723
Total salarles, wages #nd relg¢¢d cDsts
50,424
42.520
The averJge number of part time staff employ￿ in the year was
The estimat¢d fvll tin]¢ ¢quivalent number of all staff employed in th¢ year was
The es*indr¢d equivdlem number offull lime srfaffdeployed differEnl aclivifyesin iheyear M41S.'.
Engaged on charitsble a¢tiviti¢5
Th¢ ¢Siimatedfyllffime equivalenl of411 s*aJJ*mployed os alwe
18

XLWales
Notes to the Accounts for the year ended 31 December 2024
Neith¢r th¢ ¢rustees nor any persons connected with them have rx¢ived any Temunerdtion from th¢ charity or any related entity. either
ID the Cu￿ent or prior ye4r.
No ¢mploy¢e5 Teceived emolument5 (excluding pension costs) in excess of £60.(￿ per am]um.
No
Numbers olsuch ￿￿￿10 whom benefits ere tteerul#g :_
UDd¢r d¢fined contribuiion pension schemes
Highest paid ernployee
The remuneration in th¢ year was
P¢nsion contributions paid by the employer
14,558
432
15,911
428
rotal remunerationpackaze included in iordl saldrles abové
16
7 Remuneration and payments to Trnstees and persons ¢olllle¢ted iyitb them
No trustees or persons connected with th¢m ￿ceIved any remuneration from the charity. or Any related entity.
8 Tanglble Ilxed A5setg
Current Year
Plant &
M*chiDery
Total
Cost
At l January 2024
24,883
24.883
At 31 Deeember 2024
24,883
24,883
Depreel#tS0
At l January 2024
Charge for the year
21.709
650
21,709
650
At 31 Deeemb¢r 2024
22J59
22J59
Net book value
At 31 D¢¢ember 2024
2.524
2524
At 31 D¢eember 2023
3.174
3,174
19

XLWales
Notes to the Accounts for the yeAr ended 31 December 2024
Prlor Y¢4r
Pl*￿t &
Macknitt¢ry
Total
Cost
01 January 2023
Addition5
24.005
878
24,005
878
ill January 21124
24,883
24,883
Deprtti*tioD
01 January 2023
Charge for th¢ year
21,037
672
21.037
672
01 Jommary 2024
21,709
21,709
F4et b(K)k value
111 January 2024
3,174
3,174
01 J•ttu4ry 2023
2,968
9 Debtors
2024
2023
Other debtors
182
89
10 Creditors: amounts falling due withRn one year
2024
21123
Acuuals
1.224
1.2(M>
11 IDcome and Expenditure account summary
2024
2023
At I J4Duary 21124
Su￿]Us(defi¢lt) for the year
26.159
4,284
34,387
(8,228)
At 31 December 21124
30,443
26,159
12 No related party traDsAetioDS
Tjwe were no transactions wxth r¢lat¢d parti¢5 in the year.
20

XLWales
Notes to the Accounts for the year ended 31 December 2024
13 Particular5 of bow particular funds are represented by assets and liabilities
At 31 December 2024
Unre5trieted
Deslgnxted
RÈgtrkted
Totsl
fuDd$
funds
fund$
Fund$
Tangible Fixed Assets
Current Assets
2.524
1,927
(1.224)
2,524
3D,143
{J224)
28,216
Current LiabiliÉi¢s
3,227
28,216
3J,443
At l JaDu*ry 2024
Unrestricted
Deslgnated
f￿ndS
Restrlcted
fuThd5
Totsl
Fulld$
Tangible Fixed Assets
Current Assets
3.174
15,527
(1.2￿}
3,174
25,185
(1,200)
9,658
Current LiabAliti¢s
17,501
9.658
27,159
14 Change in tot41 ￿lld5 over the year as shown in Note 13 , aDalysed by individual funds
Funds bribught
f•nvarO fn)
21123
Movement iti
fwids th 2024
Tr*D$fe
belweth fu￿d$
In 2024
¢irried
forward to
2025
Unreslricted anddeM¥natedfunds.".
Unrestticted Revenue Funds
17.501
(14.274)
3327
Totsl wirestrleted and design*t¢d f￿ndS
(14274)
3327
ReMrirtedfunds."_
DWF and Children and Young People Fund
Charles Hayward Foundation
National Grid Commurrity Matl¢rs
Nalional Lottcry Comrnu￿ty D&gtal IncI￿S1O
Blakemore FouTrJation
9,658
954
10,612
000
4,443
7,101
60
4,443
Totsl restricted funds
9,658
1&558
2&216
Tot81 eh*rity fuDds
27,159
4,284
31,443
21

XLWales
Notes to the A¢¢ounts for the year ended 31 December 2024
15 Allalysis of movements fin funds over the year 0$ shown ID Note 14
Other
lttcowe
Ewditure
G￿￿$ &
Mtyvtm¢nt
iA>58es
Ill lynds
2024
21124
24
2014
Unresm'eted designatedfmnds.".
U￿¢Stil¢tCd Revenue Funds
46,569
(60,843)
(14,274)
Resiri¢¢edfuMds.'.
DWF and Children and Young P￿p]e Fund
Charles Hayward Foundation
National Grid Ci)mmunity MatteT5
National tA)ttery Community Digtal Inclusion
Blakemore Foundation
3.200
6,000
4.443
7.101
60
(2,246)
954
000
4,443
7,101
67J73
{63,D89)
4,284
16 The purposes for Ivhich the funds as
Unre*riciedanddEslgnatedlMnds.'_
These fuThJs Ore held for ihe m¢¢ting th¢ objwtives of ihe charity. and io provid¢
serve5 for fvture activities, and, subj¢¢l lo ¢harity legislation, are free from all
r¢stiy¢tions thcir USC.
UnrestrÉ¢ted R¢venue Funds
Restrldedfunds
cyp
Children and Young People Fund - Funding for Holiday Club
Charles Hayward Foundation
Delivery of Digital In¢lu8ion Project for older people
National Grid Community Matters
Deliv¢ry of12 STEM Roadshows to Primary Schools in Neath Port Talbot
National Lottery Community - Digital Jnclusion Iklivery of Digital Indusion Pmj¢cl
Blak¢more Foundation
To fvnd play equipment foT Holiday Club
17 Ultimate controlling party
The charity is under th¢ ¢ontrol of its Icgal M￿nbe[S.
22

XLWales
Det8Ued anaiysls of iucome And expenditure ft)r the yur ertded 31 Defember 2024 95 requlred by the SORP 21115
Th￿ &nlllysis is classified by eonvendonul•oml#dl duerlvlions widnrtby d¢ih
18 Donat10￿5 Grants And L*Exles
c￿￿￿t￿ty**r
Vtre8trl¢ted
Currentyiar
Rtit￿gt¢d
CurrentytAr
PTlorYewr
Tot*lFuDds
T•t*l
1024
21124
2(123
Rtvthwe gr￿ts Crom Eovérllment •nd pyknlk
dlf5
(Jtyand Countyof Swanstra ChildTtn and
YouThg Ptrsons Partnetship
3200
33OD
3.000
Totsl sector revenue grants
3.2(M)
3310
RtvettutgraDts E(kvernmeDt ijjd public
bodits- Prlor Year analysls
P1knry￿r
Prltsr Y¢*r
PrlorYeBr
UErNlrkted
R¢$trttted
FuJd5
2023
Tot•1 Fwds
2023
2V23
PTitsT Yeor
3,1M)O
3￿00
CwreAi ye*r
UDr¢¥¢rl¢tr
Cwrr¢ntytAr
Rtstrlcted
Fynds
Cwrr¢otytAr
PrfDrYear
Tot*1 FU￿15
2024
1024
2023
Revellue grlllts doknatltstts from
publlc lJ(wlits
The Uysdinam Trust
DWFFoundation
1.000
Jo00
1.000
J.OOD
Charles Haywatd Foundation
N*10￿[ Grid Co]]]mUDityMalter5
National Lottery Con]muDity- Digital ]nG]￿SIon
B]akerno￿ Foundaiiott
6.000
4.443
7.101
60
000
4443
7,101
Totsl yrivat¢54Ttor reveDUf graDts
1,000
17ffj04
1$1￿04
Prloryear
J.000
1,000
2,ODD
curre￿ year
lJortsirl¢tsd
Fwkd$
2024
CurrtDtye•r
Rutrletsd
FuDd5
Z024
c￿re￿t ye•r
PrfDr Yur
TrfAI FuThts
Tol•l FuDrfs
21J24
2D23
C•pit41 gr•llls fTO]rJ yvtTnmellt aDd pNbH¢
les
City & Coullty of Swan6¢8 Capital QraDI
1.000
Tolal pubjic Sector ¢ipliAI greDts
All th¢ gun¢s in lh¢ PYiOTytarwere UllTesbid¢d.
i.wo
23

XLW¥dles
Detslled all81y￿s of incomo ¢ipenditwre for the year ended 31 December 2024 As requlr¢d by the SORP 2015
Capil81 grants from govtrnm¢nt pnbllt bothe5- PThr Yur aaalys
Pritsy Yeor
PrloT Yur
Pthryeir
Ufftsttlct
Fudi
kp5trl¢ttd
TDtwlFvAds
202J
2023
PTlor Year
Jo00
Totsl Don&tlon$, GT4nt$ And
Al
i.ooo
20,804
21I04
Uor¢stricted
Funds
1•2J
Resl¥l¢ted
Fwid$
2023
Prlfyr Y¢*r
Totsi Fw￿&
PYiorye4r
2W3
Totol Donatlon4 Grants
Al
1000
&0
19 llwome from th#rit8ble 4etivl¢l¢i- Tradlng Atdvhlej
C4rreAlyear
Currelltyttr ytrlr CyTrffityar
Uthresiritted
Restrjcted
Dd5
F￿￿$
PAvYur
Totsl f￿dI
2•14
2023
Prim•rypuTpwe and anclllary ir8dlD8
Oui of$¢h￿l a¢tiirytie3
39J40
39J40
34,273
roadshows
4.124
4.124
4.340
tDtnunity groups roadshows
2.105
2.105
1.195
Tol¥l Prlmarypurpose alld i￿£111•ry tradiAE
45J69
48569
39J08
20 Tfjtal IDcomE from ehirltgble AellTAths
Currellt yur
VDr¢srf¢i¢O
F￿dI
Ctsyrtjlt yettt Cvrr¢uty¢•r
Re$trJ¢ted
FuDds
2024
Prior Year
Tthl Fw
Totgl Funds
21123
Totsl I￿0[￿¢ from ¢haritsbk Iradin8
45.569
45￿69
39.808
Tot41 Trom charltsblt atlI￿tI
A2
4S569
45J69
39IDS
24

XLW?les
DetAI]ed att¥Jlys1$ of In￿mÉ #nd txpendilure for the y¢ar ended JJ Dttember 2024 #5 rtquired by tbe SORP 21115
21 Other Ineomt and ¥aiTrs
Cwretst year Cwrentyttr C￿y¢r￿T
UnTe5tJkn¢d
Fll￿1$
Prlor Ymr
CMrr¢niyeAr
Tthl
24
2024
2013
Sundry oiher income
185
Total other Jn¢ome
AS
185
22 knp¢Dditure on chAritible actMtle8- spendlng
Curreutytar Current year Cvrr¢Dty¢wr
U￿re¥￿t￿
Re5tiicted
PtitirYeAr
Cuvrem Ye4r
Totsl Fw
1024
2024
2923
Gmss wage5 and sa]arRes- chaTitsble
aaivilies
Defmed ¢ontribution paision costs -
clwitsble activiu¢s
Travel and Subsi$t¢A￿- C]Jaritsble
A¢tivities
Mthing Atsd advertising of charitsbic
swvi¢es
Matertal% and equiprnent
Raxl
47.411
2.198
49￿￿9
41.797
81S
815
723
767
34
570
1.048
702
3.840
5￿64
Totsl direct spending
B2a
54.726
233B
964
47A?O
PTlorYvAr
PTJurYc*r
Prior Y￿r
Prior Y￿r
Fyid5
2023
Fwids
21123
Tot￿ Fullds
2•23
Gross wages atth sa]ari¢s- ¢han"thble
&ctivitL
D¢fmed contribution pojsion costs .
Travcl and Subsi$tellc¢. Cltsn"table
Aaivilies
Mathimg and adverlisiDg of charitable
services
Matuiats snd equipment
Reni
39.801
1.996
41.797
723
723
518
52
570
114
702
702
3,564
3J64
Tfjt41 dlrecl $p¢ndln
B2#
45A12
48
47070
25

XLWales
DetAlkd 4matysls of income and ¢ypeDdltsrt for the year ended 31 December 2024 as requlred by tbe SORP 2015
23 Support ￿$ts f4bT ¢barltAble aetlyltlts
Curreniyar CwruiyeAr Current year
UDrestri¢t¢d
Fmnds
2924
PrJorYt*r
¥reni Yedr
Fulld5
2024
y￿kn1
Tvi*l
2024
1023
Empltsyee costs nrtincthdedin dire4* rwts
TrdiJ]ing and weJfare- sthff
Premis¢s Lrpenses
LA8hi heat aad pow
Reni- storng¢ rcoms
Adminiffmltve overheads
Tcl¢phone, fax aod intern
Postage
Ststionery attd printing
Sub5cripti(ms to pviodt¢a]s
Snndry exp￿Se
Insurance
304
196
214
214
195
633
09]
188
190
92
656
228
,263
47
75S
146
656
228
1.263
Otber legal and profffi5ioDal
624
624
49)
41
650
41
650
38
672
D￿jaIl0￿ & AThorti5alion in totsl for
SMppTrrt eosts before rtsliocatiDD
4093
901
Tot81 sypport ¢ost8- Current YeAr
4J93
4J51
26

XLWales
DeiAiled gnAIy5is of income expenditure for the year ended 31 December 2024 AS required by tbe SORP 2015
Prlor Yur
PrffiorY¢or
PAorYt*r
ReslTlcted
UBre8trlcie
2023
1023
21123
24 Other Expenditure- Cov¢rnante tosts
Current year y¢*r Curnntyur
UJYt5trJ¢tsd
kntrlcled
FuTrd5
PtknrY¢Af
Curreni Ytdr
Toiil Fud5
Totsl F￿Tr
2024
2023
IYJdeEThdaJt Examinds fees
1224
1324
ijoo
Totsi Governaneeeosls
1,224
1224
25 Ttstsl Charitabl¢ ¢xpendAture
Curreot yar
Vnwtrldt
CurreDty¢ir
ReatrlEted
FuDd5
3024
CurreMy¢*r
PADrYuT
C#rreni Ye4r
Toiil Fwids
Tthl
2024
Totsl dirttt spending
Totsl siipjyfft costs
Total Governaftcecosts
B2a
B2d
Bze
54.726
4.893
1224
2.238
SI964
4.9DI
lJ24
47A70
4￿51
iJoo
Tota] ¢haritibletsp¢llditur¢
B2
60043
63￿89
53221
PrJorYt#r
UDTestrlcttd
Prlor Year
Resirftt¢d
Futsds
2023
FvlDr Yta
Prior Yeor
2023
2•23
T(rtal direct 5pendinE
TO￿ suptth Costs
Tolal Governanec cL￿ts
B2•
B2d
B2e
45.422
4.551
12(X)
2,048
47,470
Tot&1 rhirltable expendlture
B2
51,173
53321
27