1. to advance for the benefit of the public the education of young persons who are pupils at schools colleges and universities in any part of the british isles by ensuring that due attention is given to the physical education of such pupils as well as to the development and occupation of their minds and with a view to furthering that object to provide funds and to assist in the organisation and provision of facilities which will enable and encourage such pupils to participate in recreation and sport.
2. in the interests of social welfare to organise or provide facilities for recreation for persons who by reason of their youth or social and economic circumstances have need of such facilities.
(3) such objects and purposes in the british isles being objects and purposes exclusively charitable in accordance with the laws of england and wales.