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"Without a shadow of a doubt, we couldn't have hoped for much more from our athletes" said Prof McAllister.
"Together with their coaches and support teaches, they've done exceptionally well".
"To come away with seven medals in the Olympics, and fifteen Welsh medallists in the Paralympics is quite some achievements, because the standards in these competitions are rising constantly".
Ellie Simmonds claimed her fourth medal of London 2012 when she took silver in the S6 100 metres freestyle.
The 17-year-old had already secured two golds and one bronze and on Saturday morning qualified second for the two-length race.
She repeated that in the evening when she touched second after Victoria Arlen in one minute 14.82 seconds with the American lowering her own world record to 1min 13.33secs.
Two of our Olympic rowing medallists have had a hero's welcome back at their old school in Chester.
Chris Bartley and Tom James, who secured silver and gold respectively, both learned to row at the King's School in Chester.
The whole school was out to welcome the men on the school's playing fields this morning.
Paralympic cyclist Mark Colbourne failed to win a forth Paralympic medal yesterday, but has a gold and two silvers to his name.
"It's just been breathtaking... it really really has" he says.
"If you go back two years ago when I had this feeling and this dream that I could maybe achieve something in London... well, this week has just been breathtaking."
"I don't want it to stop!"
Cyclist Mark Colbourne has taken silver in the men's C1 time-trial at Brands Hatch
Colbourne, who won C1-3 individual pursuit gold in the velodrome, clocked 25 minutes 29 seconds on the 16-kilometre course, but Michael Teuber of Germany pipped him to victory, finishing first in 25mins 16secs.
Latest ITV News reports
Royal Mail says the seven post boxes in Wales painted gold to mark Olympic and Paralympic triumphs will remain so permanently.
Hundreds of people turned out, as Paralympic cycling champion Mark Colbourne was given the freedom of his home town.