XLP

Charity number: 1101095
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Across 9 boroughs of inner London, XLP provides support for disadvantaged young people aged 10-21 including: In-class support, literacy and numeracy,clubs in schools and PRU's; Support on estates through 3 Community double decker buses, mobile recording studios and sports and fitness programmes ; A Performing Arts programmes for young people; Mentoring and Ready for Work programmes

Income and expenditure

Data for financial year ending 31 August 2024

Total income:
£2,469,619

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Donations and legacies £2.37m
Charitable activities £1.13k
Other trading activities £37.74k
Investments £12.17k
Other £47.02k

Total expenditure:
£2,834,189

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Raising funds £178.74k
Charitable activities £2.66m
Other £0

£0 investments gains (losses)

Total income includes £382,998 from 11 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £178.74k
Charitable expenditure £2.66m

People

65 Employee(s)

5 Trustee(s)

100 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Religious Activities
  • Arts/culture/heritage/science
  • Amateur Sport
  • Economic/community Development/employment
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Camden
  • City Of London
  • Greenwich
  • Hackney
  • Islington
  • Lambeth
  • Lewisham
  • Newham
  • Southwark
  • Tower Hamlets

Governance

Registration history:
  • 09 December 2003: Standard registration
  • 03 November 2020: Funds received from 1177564 RISE CHURCH
Organisation type:
Charitable company
Other names:
  • THE X L PROJECT (Working name)
Company number:
04959458 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
EDDIE DONALDSON Chair 08 June 2012
RNLI LIFESAVING ENDOWMENT
Received: On time
Hannah Williams Trustee 08 May 2024
None on record
Suru Douglas Trustee 06 July 2021
None on record
Nicholas Charles Benton Trustee 22 January 2020
None on record
Elizabeth Yentumi Trustee 22 January 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £1.84m £2.04m £2.32m £2.44m £2.47m
Total expenditure £1.49m £1.50m £1.94m £2.44m £2.83m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £496.10k £294.20k £189.63k £446.13k £383.00k
Income - Donations and legacies £1.81m £1.92m £2.29m £2.40m £2.37m
Income - Other trading activities £22.03k £42.04k £26.37k £41.96k £37.74k
Income - Charitable activities £8.18k £615 £3.27k £236 £1.13k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £28 £6 £0 £0 £12.17k
Income - Other £0 £84.21k £0 £0 £47.02k
Income - Legacies £0 £0 £2.00k £0 £0
Expenditure - Charitable activities £1.38m £1.40m £1.83m £2.27m £2.66m
Expenditure - Raising funds £114.47k £101.15k £111.07k £161.88k £178.74k
Expenditure - Governance £33.53k £33.21k £32.77k £55.24k £61.36k
Expenditure - Grants institution £0 £1.20k £1.20k £1.20k £1.20k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets £94.80k £225.80k £245.72k £211.30k £246.67k
Long-term investments £0 £0 £0 £0 £0
Other assets £939.73k £1.36m £1.67m £1.74m £1.53m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £374.65k £378.29k £332.19k £364.44k £484.28k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2024 30 April 2025 On time
Accounts and TAR 31 August 2024 30 April 2025 On time Download Open in new window
Annual return 31 August 2023 23 May 2024 On time
Accounts and TAR 31 August 2023 23 May 2024 On time Download Open in new window
Annual return 31 August 2022 25 May 2023 On time
Accounts and TAR 31 August 2022 25 May 2023 On time Download Open in new window
Annual return 31 August 2021 20 May 2022 On time
Accounts and TAR 31 August 2021 20 May 2022 On time Download Open in new window
Annual return 31 August 2020 20 May 2021 On time
Accounts and TAR 31 August 2020 20 May 2021 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION DATED 11 NOVEMBER 2003

Charitable objects

THE ADVANCEMENT AND PROVISION OF EDUCATION AND TRAINING FOR THE BENEFIT OF THE PUBLIC AND ESPECIALLY FOR THE BENEFIT OF CHILDREN AND YOUNG ADULTS TO INCLUDE: (1) EDUCATION AND TRAINING OF A GENERAL NATURE; (2) EDUCATION AND TRAINING IN THE APPRECIATION AND PRACTICE AND PERFORMANCE OF THE ARTS; (3) EDUCATION AND TRAINING TO PROMOTE CHRISTIAN VALUES; AND (4) PROVISION OF FACILITIES FOR ALL SUCH EDUCATION AND TRAINING. 3.2 THE RELIEF OF POVERTY, HARDSHIP, SICKNESS AND DISTRESS AMONG PEOPLES IN ANY PART OF THE WORLD 3.3 THE PROMOTION, ADVANCEMENT AND MAINTENANCE OF THE CHRISTIAN FAITH AND THE UPHOLDING OF CHRISTIAN VALUES AMONG PEOPLES IN ANY PART OF THE WORLD. 3.4 THE PROMOTION, ADVANCEMENT AND MAINTENANCE OF CHARITABLE ACTIVITIES FOR THE BENEFIT OF THE PUBLIC, AND ESPECIALLY FOR THE BENEFIT OF CHILDREN AND YOUNG ADULTS, WHICH LEAD TO THE IMPROVEMENT OF LIFE IN URBAN OR RURAL COMMUNITIES TO INCLUDE: (1) THE RELIEF OF POVERTY, SICKNESS AND FINANCIAL AND OTHER HARDSHIP; AND (2) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE AND OF A CHARITABLE NATURE FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED OF SUCH FACILITIES.

Area of benefit

The area the charity can operate in, as set out in its governing document.

WORLDWIDE

Contact information

Address:
X L P
83 London Wall
London
EC2M 5ND
Phone:
02072566240
Email:
info@xlp.org.uk
Website:

www.xlp.org.uk Open in new window