**RHIF CWMNI COFRESTREDIG: 07550507 (Cymru a Lloegr) RHIF ELUSEN GOFRESTREDIG: 1143525**
**DATGANIADAU ARIANNOL AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
**AR GYFER**
**Y COLEG CYMRAEG CENEDLAETHOL**
Bevan Buckland LLP Cyfrifwyr Siartredig Ac Archwilwyr Statudol Llawr Gwaelod T9 Aberteifi Cwrt y Castell Pare Menter Abertawe Abertawe SA7 9LA
**Y COLEG CYMRAEG CENEDLAETHOL**
## **CYNNWYS Y DATGANIADAU ARIANNOL AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
|||Tudalen|
|---|---|---|
|Adroddiad|y Cadeirydd||
|Adroddlad|yr Ymddiriedolwyr|2i5|
|Adroddiad|yr Archwilwyr Annibynnol|6 i 9|
|Datganiad|o Weithgareddau Ariannol|0|
|Mantolen||1|
|Datganiad|Llif Arian|2|
|Nodiadau|i'r Datganiad Llif Arian|3|
|Nodiadau|i'r Datganiadau Ariannol|14 i 24|
|Datganiad|Manwl o Weithgareddau Arianna!|25 i 26|
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **ADRODDIAD Y CADEIRYDD AMY FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
Mae'n bleser gennyf gyflwyno Datganiadau Ariannol y Coleg ar gyfer 2023/24. Mae hon wadi bod yn flwyddyn brysur iawn ac mae wedi bod yn drawiadol i weld tystiolaeth o ehangder dylanwad gwaith y Coleg yn _y_ gwahanol sectorau addysgol.
Yn ein prifysgolion, mae effaith ein gwaith cynllunio a'r arian ry'n ni'n ei fuddsoddi yn sylweddol. Drwy gefnogi darpariaeth mewn amrywlaeth o bynciau a darparu ysgoloriaethau i fyfyrwyr, mae'r Coleg yn cynyddu mynediad siaradwyr Cymraeg at addysg uwch drwy gyfrwng y Gymraeg. Mae'n gyffrous gweld y Coleg yn parhau i hybu profiadau dysgu newydd - yn enwedig mewn meysydd sy'n allweddol ar gyfer datblygu gweithluoedd dwyieithog _y_ dyfodol, fel y proffesiynau iechyd, addysg a'r diwydiannau creadigol, er enghraifft - drwy grantiau pynciol, grantiau sbarduno, ac amrywiol brosiectau.
Tra bo'r Coleg wadi gweithio gyda phrifysgolion ers dros ddegawd, cymharol ddiweddar yw'r ymwneud � cholegau addysg bellach a'r sector prentisiaethau. Mae'r buddsoddi cychwynnol yn barod yn cael effaith drawiadol yn _y_ meysydd hyn, a hynny yn aml mewn cyd-destunau lie nad oes fawr ddim traddodiad o ddarparu drwy gyfrwng y Gymraeg nae yn ddwyieithog. Bydd adolygu'r cynllun gweithredu ar gyfer darpariaeth 01-16 yn gyfle i adeiladu ar _y_ gwaith hwn ac i ehangu gwaith y Coleg.
> Hoffwn ddiolch i aelodau Bwrdd _y_ Coleg, _y_ tlm uwch reolwyr a holl staff _y_ Coleg am eu cefnogaeth yn ystod _y_ flwyddyn, a hefyd i swyddogion Llywodraeth Cymru am eu cydweithrediad.
Tudalen 1
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **ADRODDIAD YR YMDDIRIEDOLWYR AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
Mae'r ymddiriedolwyr (sydd hefyd yn gyfarwyddwyr anweithredol yr elusen at ddibenion Deddf Cwmn'iau 2006), yn cyflwyno eu hadroddiad a datganladau ariannol yr elusen ar gyfer y flwyddyn a ddaeth i ben 31 Mawrth 2024. Mae'r ymddiriedolwyr wedi mabwysiadu darpariaethau Cyfrifon ac Adroddiadau Elusennau: Datganiad o Arferion Cymeradwy sy'n berthnasol i elusennau sy'n paratoi eu cyfrifon yn unol /!l'r Safon Adroddiadau Ariannol sy'n gymwys yn y DU a Gwerinlaeth lwerddon (FRS 102) (yn weithredol 1 lonawr 2019).
## **AMCANION A GWEITHGAREDDAU**
## **Amcanlon elusennol**
Nod y Coleg, er budd y cyhoedd, fydd hyrwyddo dysgu a gwybodaeth drwy:
- (a) hyrwyddo, cynnal, datblygu a chynllunio darpariaeth cyfrwng Cymraeg a iaith Gymraeg a gweithgareddau perthynol mewn addysg uwch, sefydliadau addysg bellach ac addysg barhaus yng Nghymru, gan weithio gyda sefydliadau addysg uwch, addysg bellach, ysgolion a sefydliadau partner yng Nghymru a thrwyddynt; a
- (b) hyrwyddo, cynnal, datblygu a chynllunio dysgu, catfael, gwella a gloywi sgiliau cyfathrebu iaith Gymraeg i bobl yn gyffredinol gyda sefydliadau addas yng Nghymru a mannau eraill.
## **Budd cyhoeddus**
Mae'r Ymddiriedolwyr wedi ystyried canllawiau'r Comisiwn Elusennau ar fudd cyhoeddus gan gydnabod tair egwyddor budd cyhoeddus ac mae o'r tarn bod y Coleg, fel elusen, yn bodloni'r egwyddorion hynny. Nadir Amcanion y Coleg uchod.
- (a) Mae'n rhaid bod budd neu fuddiannau canfyddadwy sy'n glir, yn gysylltiedig a nodau'r Coleg ac wedi'u pwyso a'u mesur yn erbyn unrhyw anfantais neu niwed;
- (b) Mae'n rhaid bod buddiannau i'r cyhoedd neu garfan o'r cyhoedd. Mae'n rhaid i'r buddiolwyr fod yn briodol i'r nodau ac, os cynigir budd i garfan o'r cyhoedd, ni ddylid cyfyngu'n afresymol ar y cyfle i gael budd ac ni ddylid eithrio pobl mewn tlodi rhag cael budd;
- (c) Yr unigolion hynny sydd am gael addysg uwch, addysg bellach, ac sydd am ddysgu yn y gweithle drwy gyfrwng y Gymraeg yw'r buddiolwyr posibl o ran gweithgareddau'r Coleg. Mae hyn yn agored i bawb sy'n meddu ar y sgiliau gofynnol a'r penderfyniad i geisio addysg 0I-orfodol yn y rnodd hwn.
## **ADRODDIAD STRATEGOL**
## **Adolygiad ariannol**
Mae'r canlyniadau a'r sefyllfa ariannol ar gyfer y llwyddyn a ddaeth i ben 31 Mawrth 2024 wedi'u nodi ar dudalennau 10 i 24.
Daw refeniw yn cod! yn bennaf o arian sy'n cael ei dderbyn gan Lywodraeth Cyrnru. Mae'r rhan fwyaf o'r costau yn y flwyddyn wedi bod yn gostau sy'n gysylltiedig a chyllido rhaglen weithgareddau'r Coleg, ar ffurf arian grant i brifysgolion, colegau addysg bellach a darparwyr prentisiaethau; costau rhedeg canolog y Coleg; a chostau cefnogi gweithgareddau addysgol o fawn sefydliadau unigol yn ogystal a chenedlaethol ar draws y sectorau
Mae'r cyfrifon eleni yn dangos gwarged sy'n ymddangos ar yr olwg gyntaf yn un sylweddol. Ond mae'r gwarged yn ymwneud yn benodol gydag aildrefnu buddsoddiadau'r Coleg a'u gwerth yn sgil hynny a newid yn narpariaeth pensiwn y Coleg. Wrth osod y ddau eitern yrna i un ochr, mae sefyllfa gweithredol y Coleg Cymraeg yn dangos cydbwysedd rhwng incwm a gwariant.
## **Polis! buddsoddi**
Mae Pwyllgor Cyllid a Dibenion Cyffredinol y Coleg wedi datblygu polisi buddsoddi sydd wedi gadarnhau gan Fwrdd y Coleg, sy'n darparu fframwaith ar gyfer buddsoddiadau'r Coleg gan gynnwys ystyriaethau moesegol wrth fuddsoddi. Mae'r Pwyllgor wedi penodi Sarasin fel rheolwyr buddsoddi ac mae'r Coleg yn monitro perfformiad buddsoddi yn ffurfiol bob chwarter drwy'r Pwyllgor.
## **Polisi cronfeydd wrth gefn a busnes gweithredol**
Mae'r Ymddiriedolwyr yn fodlon bod asedau'r Coleg yn ddigonol i gyflawni ei rwymedigaethau mewn perthynas a'i ymrwymiadau rhagamcanol. Mae Llywodraeth Cymru wedi ymrwymo i barhau i ariannu a chefnogi gwaith y Coleg yn ystod tymor y Senedd bresennol, a cheir tystiolaeth o hyn mewn datganiadau a gyhoeddwyd gan Weinidogion Cymru ar lawr y Senedd ac yn ysgrifenedig, gan gynnwys dynodiad y Coleg fel corff i gynghori'r Comisiwn Addysg Drydyddol ac Ymchwil..
Ystyrir bod lefel y cronfeydd wrth gefn yn briodol i sicrhau bod y Coleg yn gallu cwrdd a•, amcanion a'i fod yn gyson a·r Polis! Cronfeydd, sy'n nodi bod angen cronfa anghyfyngedig o £2 filiwn o leiaf.
Tudalen 2
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **ADRODDIAD YR YMDDIRIEDOLWYR AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **ADRODDIAD STRATEGOL**
## **Amcanlon a pholisYau ariannol a rheoli risg**
Y Bwrdd sy'n bennaf gyfrifol am sicrhau bod system gadarn o reoli risg, rheolaeth a llywodraethu. Mae aelodau'r Bwrdd yn cyflawni'r cyfrifoldeb hwn drwy'r elfennau canlynol:
- Adolygiad effeithiol gan _y_ Bwrdd a phwyllgorau perthnasol, yn enwedig _y_ Pwyllgor Archwilio a Risg; Systemau rheoli sy'n cynnwys polisYau, amcanion a chynlluniau, rheoli risgiau a chyfleoedd allweddol, monitro perfformiad ariannol a gweithredol, diogelu asedau'n gorfforol, gwahanu dyletswyddau, gweithdrefnau awdurdodi a chymeradwyo, a systemau gwybodaeth; Mae nodi a rheoli risg wedi'i ymgorffori ym mhob system fusnes.
> Mae dull _y_ Coleg o reoli risg yn effeithiol wedi'i nodi isod:
Mae'r Coleg yn canolbwyntio ar reoli risg yn weithredol fel rhan annatod o'r broses reoli o fawn pob rhan o'r sefydliad. Fel rhan o'r fframwaith rheoli risg, mae'r Coleg yn nodi'n glir risgiau o wahanol fathau i gyflawni ei amcanion. Gall y risgiau hyn fod yn strategol neu'n weithredol a gallant gyflwyno goblygiadau posibl i enw da'r Coleg, ei sefyllfa ariannol neu ei weithrediadau o ddydd i ddydd neu unrhyw gyfuniad ohonynt.
Mae'r Coleg yn annog yr holl reolwyr i ystyried goblygiadau risg pob penderfyniad, contract neu brosiect mawr fel rhan arferol o'u gwaith o ddydd i ddydd.
Mae'r Coleg yn integreiddio rheoli risg i'r broses gynllunio flynyddol sef y modd y mae'r Bwrdd yn pennu ac yn cydlynu gweithgareddau academaidd a gweithgareddau eraill y Coleg.
Mae'r Bwrdd a'r uwch dim rheoli yn ymdrechu i adnabod a chanolbwyntlo ar risglau uniongyrchol a thros dro sydd a goblygiadau strategol, a all newid o wythnos i wythnos, yn ogystal ag ar y risgiau mwy sylweddol a pharhaol a nodir yng nghofrestr risg y Coleg.
Disgwylir i reolwyr gysylltu'r broses o adnabod risg a chamau gweithredu, boed hynny I llniaru'r risg neu mewn ymateb iddi.
> Mae'r Um rheoli yn gweithredu'r gweithdrefnau rheoli risg yn effeithiol fel rhan o weithrediad dydd i ddydd _y_ Coleg.
> Mae'r Bwrdd yn gofyn i'r Pwyllgor Archwilio a Risg gynnal asesiad tair gwaith _y_ flwyddyn o risg sylweddol trwy
> asesiad ciplun, ac mae cofrestr risg _y_ Coleg yn cael ei chynnal mewn ymgynghoriad ag archwilio mewnol. Cofnodir yr asesiad drwy'r gofrestr risg ac mae'n rhan o'r broses barhaus o reoli risg. Mae'r gofrestr risg yn nodi risgiau sylweddol ac yn cynnwys rnanylion am:
natur y risg ei botensial a thebygolrwydd yr effaith
'perchennog' y risg
y prosesau rheoli sy'n rheoli'r risg
> potensial a thebygohwydd yr effaith yn dilyn _y_ prosesau rheoli
> Mae'r Pwyllgor Archwilio a Risg yn adolygu digonolrwydd _y_ broses o reoli risg yn _y_ Coleg yn rheolaidd wrth iddi barhau i gael ei datblygu.
Mae'r Bwrdd o'r fern bod proses barhaus ar gyfer adnabod, gwerthuso a rheoli risgiau sylweddol y Coleg sydd wadi bod ar waith ar gyfer y flwyddyn yn diweddu 31 Mawrth 2024 ac ar waith hyd at ddyddiad cymeradwyo'r adroddiad blynyddol a'r datganiadau ariannol a'i fod yn cael ei adolygu'n rheolaidd gan _y_ Bwrdd.
## **Cynllunlau ar gyfer y dyfodol**
Mae'r blynyddoedd nesaf yn mynd i weld newidiadau sylweddol yn strwythurau goruchwyliaeth addysg 61-16 ac yn dilyn cyhoeddi drafft o Bil _y_ Gymraeg ac Addysg. Mae'r Coleg yn edrych ymlaen yn fawr at sefydlu partneriaeth effeithiol gyda Medr (y Comisiwn Addysg Drydyddol ac Ymchwil) yn dilyn cael ein dynodi gan Lywodraeth Cymru i gynghori'r Comisiwn ar ei ddyletswyddau statudol yn ymwneud a•r Gymraeg yn ystod haf 2023. Bydd _y_ Coleg yn gweithredu'n strategol yn y sectorau addysg uwch, addysg bellach a phrentisiaethau er mwyn datblygu a chynnal darpariaeth cyfrwng Cymraeg a dwyieithog o'r radd flaenaf. Drwy wneud hyn bydd y Coleg yn gwneud cyfraniad penodol i'r amcan o greu millwn o siaradwyr Cymraeg a dyblu'r defnydd dyddiol o'r iaith wrth ddenu myfyrwyr, dysgwyr a phrentisiaid sydd ag amrediad o sgiliau iaith at ddarpariaeth cyfrwng Cyrnraeg a dwyieithog.
## **STRWYTHUR, LL YWODRAETHU A RHEOLAETH**
## **Dogfen lywodraethol**
Rheolir yr elusen gan ei dogfen lywodraethol, gweithred ymddiried, ac mae'n ffurfio cwmni cyfyngedig, cyfyngedig trwy warant, fel y'i diffinnir gan Ddeddf CwmnYau 2006.
Tudalen 3
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **ADRODDIAD YR YMDDIRIEDOLWYR AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **STRWYTHUR, LL YWODRAETHU A RHEOLAETH Cyfansoddlad elusen**
Mae'r Bwrdd yn cynnwys hyd at 12 aelod sydd yn gyfarwyddwyr anweithredol ac yn Yrnddiriedolwyr, gan gynnwys y Cadeirydd, sy'n cael eu penodi yn unol ag offeryn llywodraethu'r Coleg. Gwahaniaethir yn glir rhwng rel y Cadeirydd a rel Prif Weithredwr y Coleg. Mae'r materion hynny sydd wedi'u neilltuo'n benodol i'r Bwrdd i'w penderfynu wedi'u nodi yn Erthyglau Cyrndeithasu'r Coleg. Mae'r Bwrdd yn dal y cyfrifoldebau am gyfeiriad strategol parhaus y Coleg, defnydd effeithlol ac effeithlon o adnoddau a chymeradwyo datblygiadau rnawr ac yn derbyn adroddiadau rheolaidd gan uwch reolwyr.
Mae'r Bwrdd yn cyfarfod o leiaf deirgwaith y flwyddyn ac mae ganddo bum pwyllgor sefydlog {Bwrdd Acadernaidd, Bwrdd Strategol 61-16, y Pwyllgor Archwilio a Risg, y Pwyllgor Cyllid a Dibenion Cyffredinol, a'r Pwyllgor Penodiadau a Safonau Llywodraethu).
Mae'r Bwr **d** Academaidd yn cynghori Bwrdd y Coleg ar faterion academaidd o fewn y sector addysg uwch. Mae'n darparu ffocws parhaus ar gynllunio acadernaidd yn y Coleg o fewn addysg uwch ac yn darparu fforwm ar gyfer cynnal cyfathrebu ffurfiol rhwng y Coleg a'i ganghennau prifysgol. Mae gan y Coleg hefyd Fwrdd Strategol 6I-16 sy'n cynghori Bwrdd y Coleg ar faterion sy'n ymwneud ag addysg bellach a phrentisiaethau ac yn goruchwylio cynnydd yn erbyn y Cynllun Strategol Addysg Bellach a Phrentisiaethau. Mae'r Pwyllgor Cyllid a Dibenion Cyffredinol yn gyfrifol am oruchwylio cyllideb y Coleg a hefyd yn derbyn adroddiadau ar Farchnata a Chyfathrebu, Adnoddau Dynol, Technoleg Gwybodaeth, lechyd a Diogelwch a Chydraddoldeb ac Amrywiaeth.
Mae'r Pwyllgor Archwilio a Risg yn cynghori ac yn cefnogi Bwrdd a swyddogion y Coleg drwy roi sicrwydd annibynnol iddynt ynghylch effeithiolrwydd rheolaeth fewnol, llywodraethu corfforaethol a rheoli risg y Coleg. Mae'r Pwyllgor Archwilio a Risg hefyd yn gwneud argymhellion ynghylch penodi archwilwyr mewnol ac allanol ac yn adolygu datganiadau ariannol y Coleg, a chyn eu cyflwyno i'r Bwrdd, yn adolygu'r llythyr rheoli ac yn derbyn ac yn ystyried adroddiadau cynnydd ar feysydd o risg sylweddol a nodir gan reolwyr acadernaidd . Yn ogystal, mae'r Pwyllgor Archwilio a Risg yn derbyn ac yn ystyried adroddiadau fel y maent yn effeithio ar fusnes y Coleg ac yn monitro cydymffurfiaeth a gofynion rheoleiddio.
TIAA yw archwilwyr mewnol y Coleg ac fe dderbyniwyd sawl adroddiad gan yr archwilwyr mewnol yn ystod y flwyddyn, gan gynnwys rheolaeth fewnol, dilyniant i reolaethau ariannol allweddol, diogelwch seibr, rheolaeth perfformiad, fframwaith rheoli risg, rheoliad cyffredinol ar ddiogelu data/GDPR ac adroddiad blynyddol gan TIAA. Derbyniwyd diweddariadau ym mhob cyfarfod o'r Pwyllgor Archwilio a Risg ar weithredu yn erbyn argymhellion yr archwilwyr mewnol. Dymuna'r Pwyllgor Archwilio a Risg ganmol gwaith y swyddogion, aelodau'r pwyllgor a'r archwilwyr mewnol wrth sicrhau gwelliannau cyson yn y prosesau. Cytunwyd ar raglen archwilio fewnol ar gyfer 2024/25.
Fel cwmnl elusennol, mae'r Coleg yn cael ei lywodraethu gan ei Femorandwm ac Erthyglau Cymdeithasu, sy'n darparu ar gyfer penodi ac ailbenodi Ymddiriedolwyr. Er mwyn sicrhau elfen annibynnol i benodiad Ymddiriedolwyr, sefydlodd y Bwrdd Bwyllgor Penodiadau a Safonau Llywodraethiant. Mae'r Pwyllgor yn gyfrifol am gynnal prosesau penodi aelodau Bwrdd y Coleg, gan gynnwys y Cadeirydd, ac aelodau eraill y pwyllgor o fewn strwythur llywodraethu Bwrdd y Coleg. Mae'r Pwyllgor hefyd yn goruchwylio safonau llywodraethu o fewn Bwrdd y Coleg.
Penodir Ymddiriedolwyr am dymor cychwynnol o bedair blynedd, y gellir ei adnewyddu am uchafswm o bedair blynedd arall. Mae'r Prif Welthredwr ac aelodau o dim rheoli'r Coleg yn bresennol yng nghyfarfodydd yr Ymddiriedolwyr ac yn cyflwyno papurau ar eu meysydd cyfrifoldeb.
Mae'r Ymddiriedolwyr yn ymarfer trosolwg a goruchwyliaeth o holl brif feysydd swyddogaethol y Coleg, gan gynnwys datblygiad a chynllunio academaidd, cyllid, adnoddau dynol, iechyd a dlogelwch, datblygiad staff, marchnata _**I**_ cyfathrebu, a gwasanaethau gwybodaeth.
Yr Ymddiriedolwyr sy'n penderfynu ar strategaeth y Coleg. Mae gweithrediad y strategaeth a'r rheolaeth weithredol yn cael eu dirprwyo i'r Prif Weithredwr a'i gydweithwyr.
Mae'r Coleg wedi ymrwymo i safonau uchel o lywodraethu corfforaethol. Mae'r datganiad hwn yn disgrifio sut mae egwyddorion perthnasol llywodraethu corfforaethol yn cael eu cyrnhwyso i'r Coleg.
## **MANYLION CYFEIRIO A GWEINYDDOL**
**Rhlf Cwmnl Cofrestredig:** 07550507 {Cymru a Lloegr)
**Rhlf Elusen Gofrestredig:** 1143525
## **Swyddfa gofrestredlg**
Y Llwyfan, Ffordd y Coleg, Caerfyrddin, Sir Gaerfyrddin, SA31 3EQ
Tudalen **4**
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **ADRODDIAD YR YMDDIRIEDOLWYR AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **Ymddlrledolwyr**
J Hayes Ymddiriedolwr (penodwyd 17.5.23) Rh Evans Ymddiriedolwr
A.Beynon Ymddiriedolwr
Yr Athro E M Thomas Ymddiriedolwr Yr Athro A Jones Ymddiriedolwr M Huws Ymddiriedolwr A M Lloyd-Williams Ymddiriedolwr Ms N Elias Ymddiriedolwr Yr Athro P ap Llwyd Ymddiriedolwr LI A Roberts Ymddiriedolwr W Callaway Ymddiriedolwr G D Jones Ymddirledolwr (tan 6.5.23) Dr A Eirug Ymddiriedolwr a Chadeirydd
## **Ysgrlfennydd y Cwmnl**
Dr D Phillips
## **Archwllwyr**
Bevan Buckland LLP Ac Archwilwyr Statudol Cyfrifwyr Siartredig Uawr Gwaelod Ty Aberteifi Cwrt y Castell Pare Menter Abertawe Abertawe SA7 9LA
## **DATGANIAD O GYFRIFOLDEBAU'R YMDDIRIEDOLWYR**
Mae'r ymddiriedolwyr (sydd hefyd yn gyfarwyddwyr anweithredol y Coleg Cymraeg Cenedlaethol at ddibenion cyfraith cwmn"fau) yn gyfrifol am baratoi'r Adroddiad Blynyddol a'r datganiadau ariannol yn unol 1 **'** .l r gyfraith berthnasol a Safonau Cyfrifo'r Deyrnas Unedig (Arferion Cyfrifo a Dderbynnir yn Gyffredinol yn y Deyrnas Unedig). Mae cyfraith cwmnl"au yn ei gwneud yn ofynnol i'r ymddiriedolwyr baratoi datganiadau ariannol ar gyfer pob blwyddyn ariannol sy'n rhoi darlun cywir a theg o sefyllfa'r cwmni elusennol ac o'r adnoddau sy'n dod i mewn a'r defnydd o adnoddau, gan gynnwys incwm a gwariant, y cwmni elusennol ar gyfer y cyfnod hwnnw. Wrth baratoi'r datganiadau ariannol hynny, mae'n ofynnol i'r ymddiriedolwyr wneud hynny cadw at y dulliau a'r egwyddorion yn y SORP Elusennau; dewis polis"fau cyfrifo addas ac yna eu cymhwyso'n gyson;
- gwneud dyfarniadau ac amcangyfrifon sy'n rhesymol a doeth; yn y datganiadau ariannol; datgan a ddilynwyd safonau cyfrifeg cymwys, yn amodol ar unrhyw wyriadau perthnasol a ddatgelir ac a eglurir
- paratoi'r datganiadau ariannol ar sail busnes byw oni bai ei bod yn amhriodol tybio y bydd y cwmni elusennol yn parhau mewn busnes.
Mae'r ymddiriedolwyr yn gyfrifol am gadw cofnodion cyfrifeg cywir sy'n datgelu a chywirdeb rhesymol ar unrhyw adeg sefyllfa ariannol y cwmni elusennol ac i'w galluogi i sicrhau bod y datganiadau ariannol yn cydymffurfio 1'.I Deddf CwmnTau twyll ac afreoleidd-dra arall. 2006. Maent hefyd yn gyfrifol am ddiogelu asedau'r cwr **n** i elusennol ac telly am gymryd camau rhesyrnol i atal a chanfod
Cyn belled ag y rnae'r yrnddiriedolwyr yn ymwybodol:
- nid oes unrhyw wybodaeth archwilio berthnasol nad yw archwilwyr y cwmnl elusennol yn ymwybodol ohoni; a mae'r ymddiriedolwyr wadi cymryd pob cam y dylen nhw fod wedi'u cymryd i wneud eu hunain yn ymwybodol o
mae'r ymddiriedolwyr wadi cymryd pob cam y dylen nhw fod wedi'u cymryd i wneud eu hunain yn ymwybodol o unrhyw wybodaeth archwilio berthnasol ac i sefydlu bod yr archwilwyr yn ymwybodol o'r wybodaeth hon no. Adroddiad yr ymddirie�olwyr, yn ymgo�ori adroddia} \tra o. .J. ... l gol, a gymeradwywyd trwy orchymyn y bwrdd ymddiriedolwyr, r fel cyfarwyddwyr anwe1thredol y cwmni, ar ....... 2_ **. .** ,. D.:L� a llofnodwyd ar ran y bwrdd gan: t y�··�==��:·········---�
ymddiriedolwr: Dr Aled Eirug
Tudalen 5
,.
## **ADRODDIAD YR ARCHWILWYR ANNIBYNNOL I AELODAU Y COLEG CYMRAEG CENEDLAETHOL**
## **ARCHWILWYR Barn**
Rydym wedi archwilio datganiadau ariannol y Coleg Cymraeg Cenedlaethol (y 'cwmni elusennol') ar gyfer y flwyddyn a ddaeth i ben 31 Mawrth 2024 sy'n cynnwys y Datganiad o Weithgareddau Ariannol, y Fantolen, y Datganiad Llif Arian a nodiadau i'r datganiadau ariannol, gan gynnwys crynodeb o bolisrau cyfrifeg arwyddocaol. Y fframwaith adrodd ariannol a ddefnyddiwyd wrth eu paratoi yw'r gyfraith berthnasol a Safonau Cyfrifo'r Deyrnas Unedig (Arferion Cyfrifo a Dderbynnir yn Gyffredinol yn y Deyrnas Unedig).
- Yn ein barn ni, rnae'r datganiadau ariannol:
- yn rhoi darlun cywir a theg o sefyllfa'r cwr i elusennol ar 31 Mawrth 2024 ac 0·1 adnoddau sy·n dod i rnewn a'r defnydd o adnoddau, gan gynnwys ei incwm a'i wariant, ar gyfer y flwyddyn a ddaeth i ben bryd hynny; wedi'u paratoi'n briodol yn unol ag Arferion Cyfrifeg a Dderbynnir yn Gyffredinol yn y Deyrnas Unedig; a wedi eu paratoi yn unol a gofynion Deddf Cwmn'fau 2006.
## **Sall I farn**
Cynhaliwyd ein harchwiliad yn unol a Safonau Rhyngwladol ar Archwilio (DU) (ISAs (UK)) a chyfraith berthnasol. Disgrifir eln cyfrifoldebau o dan y safonau hynny ymhellach yn adran cyfrifoldebau'r Archwilwyr am archwilio datganiadau ariannol ein hadroddiad. Rydym yn annibynnol ar _y_ cwmni elusennol yn unol a'r gofynion moesegol sy'n berthnasol i'n harchwiliad o'r datganiadau ariannol yn y DU, gan gynnwys Satan Foesegol yr FRC, ac rydym wedi cyflawni ein cyfrifoldebau moesegol eraill yn unol a'r gofynion hyn. Credwn fad _y_ dystiolaeth archwilio a gawsom yn ddigonol ac yn briodol i ddarparu sail ar gyfer ein barn.
## **Casglladau yn ymwneud A busnes gweithredol**
Wrth archwillo'r datganiadau ariannol, rydyrn wedi dad i'r casgllad bod defnydd yr ymddiriedolwyr o'r sail busnes gweithredol o gyfrifo wrth baratoi'r datganiadau ariannol yn briodol.
Yn seiliedig ar y gwaith rydym wedi'i gyflawni, nid ydyrn wedl nodl unrhyw ansicrwydd perthnasol yn ymwneud **a** digwyddiadau neu amodau a allai, yn unigol neu ar y cyd, fwrw arnheuaeth sylweddol ar allu'r cwmni elusennol i barhau fel busnes byw am gyfnod o ddeuddeng mis o leiaf o'r dyddiad hwnnw. pan awdurdodir cyhoeddi'r datganiadau ariannol.
Disgrifir ein cyfrifoldebau a chyfrifoldebau'r ymddiriedolwyr mewn perthynas a busnes gweithredol yn adrannau perthnasol yr adroddiad hwn.
## **Gwybodaeth arall**
Mae'r ymddiriedolwyr yn gyfrifol am yr wybodaeth arall. Mae'r wybodaeth arall yn cynnwys yr wybodaeth a gynhwysir yn yr Adroddiad Blynyddol, ac eithrio'r datganiadau ariannol a'n Hadroddiad Archwilwyr Annibynnol arnynt.
Nid yw ein barn ar _y_ datganiadau ariannol yn cwmpasu'r wybodaeth arall ac, heblaw am y graddau a nodir yn benodol fel arall yn ein hadroddiad, nid ydym yn mynegi unrhyw fath o gasgliad sicrwydd ar hynny.
Mewn cysylltiad a'n harchwiliad o'r datganiadau ariannol, ein cyfrifoldeb ni yw darllen yr wybodaeth arall ac, wrth wneud hynny, ystyried a yw'r wybodaeth arall yn sylweddol anghyson a'r datganiadau ariannol neu a yw'n yrnddangos bod ein gwybodaeth a gafwyd yn yr archwiliad neu fel arall wedi'i cham-ddatgan yn sylweddol . Os byddwn yn nodi anghysondebau perthnasol o'r fath neu gamddatganiadau sylweddol ymddangosiadol, mae'n ofynnol i ni benderfynu a yw hyn yn arwain at gamddatganiad perthnasol yn y datganiadau ariannol eu hunain. Os byddwn yn dod i'r casgliad, yn seiliedig ar y gwaith rydym wedi'i wneud, bod camddatganiad sylweddol o'r wybodaeth arall hon, mae'n ofynnol i ni adrodd _y_ ffaith honno. Nid oes gennym ddim i'w adrodd yn hyn o beth.
## **Barn ar faterion eralll a ragnodir gan Ddeddf Cwmn'iau 2006**
Yn ein barn ni, ar sail _y_ gwaith a wnaed yn ystod yr archwiliad:
- mae'r wybodaeth a roddir yn Adroddiad yr Ymddlriedolwyr ar gyfer y flwyddyn ariannol y paratowyd y datganiadau ariannol ar el chyfer yn gyson a'r datganiadau ariannol; a
mae Adroddiad yr Ymddiriedolwyr wedi'i baratoi yn unol a'r gofynion cyfreithiol perthnasol.
Materion y mae'n ofynnol i ni adrodd arnynt drwy eithriad
Yng ngoleuni'r wybodaeth a'r ddealltwriaeth o'r cwmni elusennol a'i amgylchedd a gafwyd yn ystod yr archwiliad, nid ydym wedi nodi camddatganiadau perthnasol yn Adroddiad yr Ymddiriedolwyr.
Nid oes gennym unrhyw beth i'w adrodd mewn perthynas a'r materion canlynol lie mae Deddf Cwmnlau 2006 yn ei gwneud
yn ofynnol i ni adrodd i chi os, ,yn ein barn ni:
- na chadwyd cofnodion cyfrifeg digonol neu na dderbyniwyd ffurflenni sy'n ddigonol ar gyfer ein harchwiliad gan ganghennau nad ydym wedi ymweld A hwy; neu
- nad yw'r datganiadau ariannol yn gyson a'r cofnodion a'r ffurflenni cyfrifyddu; neu nad yw rhai datgeliadau o dal ymddiriedolwyr a bennir gan y gyfraith yn cael eu gwneud; neu
- nad _ydym_ wedl derbyn yr holl wybodaeth ac esboniadau sydd eu hangen arnorn ar gyfer ein harchwiliad.
Tudalen 6
## **ADRODOIAD YR ARCHWILWYR ANNIBYNNOL I AELODAU Y COLEG CYMRAEG CENEDLAETHOL**
## **Cyfrlfoldebau ymddlriedolwyr**
Fel yr eglurir yn llawnach yn y Datganiad o Gyfrifoldebau Ymddiriedolwyr, yr ymddiriedolwyr (sydd hefyd yn gyfarwyddwyr anweithredol y cwmni elusennol at ddibenion y gyfraith cwmnYau) sy'n gyfrifol am baratoi'r datganiadau ariannol ac am fod yn fodlon eu bod yn rhoi darlun gwir a theg, ac ar gyfer y fath reolaeth fewnol y mae'r ymddiriedolwyr yn barnu sy'n angenrheidiol i alluogi paratoi datganiadau ariannol sy'n rhydd o gamddatganiadau perthnasol, boed hynny oherwydd twyll neu wall.
Wrth baratoi'r datganiadau ariannol, mae'r ymddiriedolwyr yn gyfrifol am asesu gallu'r cwmni elusennol i barhau fel busnes byw, gan ddatgelu, fel y bo'n gymwys, materion sy'n ymwneud � busnes gweithredol a defnyddio sail busnes gweithredol cyfrifeg oni bai bod yr ymddiriedolwyr naill ai'n bwriadu diddymu'r busnes elusennol. cwmni neu i roi'r gorau i weithrediadau, neu nad oes ganddynt ddewis arall realistlg ond gwneud hynny.
Tudalen 7
## **ADRODOIAD YR ARCHWILWYR ANNIBYNNOL I AELODAU Y COLEG CYMRAEG CENEDLAETHOL**
## Ein **cyfrlfoldebau am archwllio'r datganladau ariannol**
Ein hamcanion yw cael sicrwydd rhesymoi ynghylch a yw'r datganiadau ariannol yn eu cyfanrwydd yn rhydd o gamddatganiadau perthnasol, boed hynny oherwydd twyll neu wall, a chyhoeddi Adroddiad yr Archwilwyr Annibynnol sy'n cynnwys ein barn. Mae sicrwydd rhesymoi yn lefel uchel o sicrwydd, and nid yw'n warant y bydd archwiliad a gynhelir yn unol ag ISAs (DU) bob amser yn canfod camddatganiad perthnasol pan fydd yn bodoli. Gall camddatganiadau ddeillio o dwyll neu wall ac fe'u hystyrir yn berthnasol os, yn unigol neu gyda'i gilydd, y gellid yn rhesymol ddisgwyl iddynt ddylanwadu ar benderfyniadau economaidd defnyddwyr a wneir ar sail y datganiadau ariannol hyn.
Manylir isod i ba raddau y mae ein gweithdrefnau'n gallu canfod afreoleidd-dra, gan gynnwys twyll:
## **I ba raddau yr ystyrlwyd bod yr archwlllad yn gallu canfod afreoleldd-dra, gan gynnwys twyll**
Rydym yn nodi ac yn asesu risgiau camddatganiad sylweddol yn y Datganiadau Ariannol, boed hynny oherwydd twyll neu wall, ac yna, yn dylunio ac yn perfformio gweithdrefnau archwilio sy'n ymateb i'r risgiau hynny, gan gynnwys cael tystiolaeth archwilio sy'n ddigonol ac yn briodol i ddarparu sail ar gyfer ein barn ..
Buom yn trafod ein hannibyniaeth archwilio o ran cydymffurfio a•r Safon Foesegol Ddiwygiedig 2019 gydag aelodau'r !Im ymgysylltu wrth gynllunio'r archwiliad a buom yn monitro ein hannibyniaeth yn barhaus drwy gydol y broses.
## **Nodl ac asesu risgiau posibl yn ymwneud ag afreoleidd-dra.**
Wrth nodi ac asesu risgiau camddatganiad sylweddol mewn perthynas ag afreoleidd-dra, gan gynnwys twyll a diffyg cydymffurfio a chyfreithiau a rheoliadau, roedd ein gweithdrefnau'n cynnwys y canlynol:
Holi rheolwyr, gan gynnwys cael ac adolygu dogfennaeth ategol, ynghylch polis'iau a gweithdrefnau'r cwmni sy'n ymwneud a: nodi, gwerthuso a chydymffurfio a chyfreithiau a rheoliadau ac a oeddent yn ymwybodol o unrhyw achosion o ddiffyg cydymffurfio;
- canfod ac ymateb i risgiau o dwyll ac a ydynt yn gwybod am unrhyw dwyll gwirioneddol, dan amheuaeth neu honedig; rheolaethau mewnol a sefydlwyd i liniaru risgiau sy'n ymwneud a thwyll neu ddiffyg cydymffurfio a chyfreithiau a rheoliadau;
Trafod ymhlith y tlm ymgysylltu sut a ble y gallai twyll ddigwydd yn y Datganiadau Ariannol ac unrhyw ddangosyddion posibl o dwyll.
Cael dealltwriaeth o'r fframweithiau cyfreithiol a rheoleiddiol y mae'r cwmni elusennol yn gweithredu ynddynt, gan ganolbwyntio ar y cyfreithiau a'r rheoliadau hynny a gafodd effaith uniongyrchol ar y Datganiadau Ariannol neu a gafodd effaith sylfaenol ar weithrediadau'r cwmni elusennol, Y cyfreithiau a'r rheoliadau allweddol y gwnaethom eu hystyried yn y cyd-destun hwn gynnwys Deddf CwmnYau'r DU a deddfwriaeth dreth berthnasol.
## **Ymateb archwillo I risglau a nodwyd**
Yn ogystal a•r uchod, roedd ein gweithdrefnau i ymateb i risgiau a nodwyd yn cynnwys y canlynol:
- adolygu datgeliadau'r datganiadau ariannol a phrofi dogfennau ategol i asesu cydymffurfiaeth a chyfreithiau a rheoliadau perthnasol;
- holi rheolwyr ynghylch ymgyfreitha a hawliadau gwirioneddol a phosibl; perfformio gwelthdrefnau dadansoddol i nodi unrhyw berthnasoedd anarferol neu annisgwyl a allai ddangos risgiau o gamddatganiad sylweddol oherwydd twyll; darllen cofnodion cyfarfodydd y rhai sy'n gyfrifol am lywodraethu ac adolygu gohebiaeth gyda CThEF; wrth fynd i'r afael a·r risg o dwyll trwy i reolwyr ddiystyru rheolaethau, profi priodoldeb cofnodion dyddlyfr ac addasiadau eraill; asesu a yw'r dyfarniadau a wnaed wrth wneud amcangyfrifon cyfrifeg yn arwydd o ragfarn bosibl; a
gwerthuso sail resymegol busnes unrhyw drafodion sylweddol sy'n anarferol neu y tu allan i gwrs arferol y busnes.
Gwnaethom hefyd gyfleu cyfreithiau a rheoliadau perthnasol a nodwyd a risgiau twyll posibl i bob aelod o'r Um yrngysylltu a pharhau i fod yn effro i unrhyw arwyddion o dwyll neu ddiffyg cydyrnffurfio a chyfreithiau a rheoliadau trwy gydol yr archwiliad.
Ceir disgrifiad pellach o'n cyfrifoldebau ar gyfer archwilio'r datganiadau ariannoi ar wefan y Cyngor Adrodd Ariannol yn w **w** .frc.org.uk/auditorsresponsibilities. Mae'r disgrifiad hwn yn rhan o Adroddiad yr Archwilwyr Annibynnol.
Tudalen 8
## **ADRODDIAD YR ARCHWILWYR ANNIBYNNOL I AELODAU Y COLEG CYMRAEG CENEDLAETHOL**
## **Defnydd o'n hadroddlad**
Cyflwynir yr adroddiad hwn i aelodau'r cwmni elusennol yn unig, fel corff, yn unol � Phennod 3 o Ran 16 o Ddeddf CwmnTau 2006. Mae ein gwaith archwilio wedi'i wneud er mwyn i ni allu datgan i aelodau'r cwmni elusennol y materion hynny y mae'n ofynnol I ni au datgan iddynt mewn adroddiad archwilwyr ac nid at unrhyw ddiben arall. l'r graddau llawnaf a ganiateir gan y gyfraith, nid ydym yn derbyn nae yn eymryd cyfrifoldeb i unrhyw un ac eithrio'r cwmni elusennol ac aelodau'r cwmni elusennol fel cor , am ein gwaith archwilio, am yr adroddiad hwn, nae am y farn a luniwyd gennym.
Henry Lloyd-Davies (Uwch Archwilydd Statudol) dros ae ar ran Bevan Buckland LLP Cyfrifwyr Siartredig Ac Archwilwyr Statudol Llawr Gwaelod T9 Aberteifi Cwrt y Castell Pare Menter Abertawe Abertawe SA79LA **. "2-.o / h ' '2.-4 t..�** Dydd1ad: ................................................... .
Tudalen 9
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **DATGANIAD O WEITHGAREDDAU ARIANNOL**
## **AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
|**Nodyn**
**INCWM A GWADDOLION:**
**Rhoddlon a Chymymroddion**
**Gwelthgareddau elusennol**
**4**
**Addysg Uwch, Addysg Bellach a Phrentisiaethau**
**lncm buddsoddi**
**3**
**Cyfanswm**
**GWARIANT:**
**Rhoddlon a Chymymroddion**
**Gweithgareddau elusennol**
**5**
**Addysg Uwch, Addysg Sallac a Phrentislaethau**
**Aran**
**8**
**Cyfanswm**
**Enillion neU(colledion) ar fuddsoddiadau**
**INCWM NET/(GWARIANT)**
**CYSONI CRONFEYDD**
**Trosglwyddiadau rhwng cronfeydd**
**Cyfanswm yr arian a ddygwyd ymlaen**
**CYFANSWM Y CRONFEYDD A DDYGWYD YMLAEN**|
**Cronfeydd**
**Anghyfngedlg**
**0**
**11,132,795**
**152,858**|
**Cronfeydd**
**Anghyfngedlg**
**0**
**11,132,795**
**152,858**|**Cronfeydd**
**Cyfngedlg**
**58,250**
**0**
**0**
**58,250**
**13,500**
**0**
**0**|**Cronfeydd**
**Cyfngedlg**
**58,250**
**0**
**0**
**58,250**
**13,500**
**0**
**0**|**2024**
**£**
**58,250**
**11,132,795**
**152,858**
**11,343,903**
**13,500**
**11,064,171**
**(1,131,683)**
**9,945,988**
**260,234**
**1,658,150**
**0**
**2,539,556**
**4,197,705**||**2023**
**0**
**9,779,938**
**124,231**
**9,904,169**|
|---|---|---|---|---|---|---|---|
||**11,285,653**|||||||
||**0**
**11,064,171**
**(1,131,683)**
**9,932,488**
**260,234**||||||**0**
**9,733,579**
**259,470**|
|||||**13,500**
**0**|||**9,993,049**
**(277,320)**
**(366,200)**
**0**
**2,905,756**|
|||**1,613,400**
**(28,000)**
**2,539,556**||**44,750**
**28,000**
**0**||||
|||**4,124,955**||**72,750**|||**2,539,556**|
**Tudalen 10**
## **V COLEG CYMRAEG CENEDLAETHOL**
## **Y FANTOLEN 31 MAWRTH 2024**
||Nodyn|**2024**|2023|
|---|---|---|---|
|**ASEDAU SEFYDLOG**||||
|Asedau diriaethol|13|65,610|70,587|
|Buddsoddiadau|14|3,850,019|3,560,802|
|||3,915,629|3,631,389|
|**ASEDAU PRESENNOL**||||
|Dyledwyr|15|380,429|283,001|
|Arian parod yn y bane ac mewn llaw||1,115,562|300,542|
|||1,495,990|583,543|
|**CREDYDWYR**||||
|Symiau sy'n ddyledus o fewn blwyddyn|16|(1,213,915)|(520,699)|
|**ASEDAU PRESENNOL NET**||282,075|62,844|
|**CYFANSWM ASEDAU LLAI ATEBOLRWYDD PRESENNOL**||4,197,705|3,694,233|
|**DARPARIAETH PENSIWN**|20|(0)|(1,154,678)|
|**ASEDAU NET**||4,197,705|2,539,555|
|**CRON FEY DD**||||
|Cronfeydd anghyfyngedig
Cronfeydd cyfyngedig||4,124,955
72,750|2,539,556
0|
|**CYFANSWM CRONFEYDD**||4,197,705|2,539,556|
> Cymerad�d .... :J,,p __ **·** _y_ itganiadau ariannol gan Fwrdd yr Ymddiriedolwyr ac awdurdodwyd eu cyhoeddi arac fe'u llofnodwyd ar ei ran gan: t \\.rl-:�.\�. ��G� **r Ymddlrleaotw ---------�--_)**
ymddiriedolwr: Dr Aled Eirug
Tudalen 11
**II**
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **DATGANIAD LLIF ARIAN**
## **AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
|**Lllf arlan o weithgareddau gwelthredu**
**Arian parod a gynhyrchir o weithrediadau**
**Llog a dalwyd**
**Arian net a ddarparwyd gan weithgareddau gweithredu**
**Llif arlan o welthgareddau buddsoddl**
**Prnu asedau sefdlog dlrlaethol**
**Prnu buddsoddiadau asedau sefdlog**
**Gwerthu buddsoddiadau asedau sefdlog**
**Llog a dderbynlwyd**
**Arian parod net a ddefnyddiwyd mewn gweithgareddau buddsoddi**
**Newid mewn arian parod a chyferh ag arian parod yn y cyfnod adrodd**
**Arian parod a chyfwerth ag arlan parod ar ddechrau'r cyfnod adrodd**
**Arlan parod a chyferth ag arlan parod ar ddlwedd y cyfnod adrodd**
**Nodyn**
**13**
**14**
**14**
**3**|
**2024**
**£**
**807,323**
**{47,544)**
**759 779**
**(48,635)**
**{1,215,121)**
**1,186,138**
**132,858**
**55,240**
**815,020**
**300,542**
**1,115,562**|**2023**
**£**
**173,248**
**{31,462)**
**141,786**
**{76,428)**
**{17,768)**
**543**
**104,231**
**10,578**
**152,364**
**148,178**|
|---|---|---|
|||**300,542**|
**Tudalen 12**
## **V COLEG CYMRAEG CENEDLAETHOL**
## **NODfADAU l'R DATGANfAD LLIF ARIAN· parhad AM Y FLWYDDYN A DDAETH f BEN 31 MAWRTH 202�**
## **1. CYSONI (GWARIANT)/INCWM NET I LIF ARIAN NETO WEITH GAREODAU GWEITHREDOL**
|||**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
|**Gwarfant)/lncwm net ar gyfer y cyfnod adrodd**||||
|**(yn unol A'r Oatganlad o Welthgareddau Ariannol)**||**1,658,150**|**(366,200}**|
|**Addasfadau ar gyfer:**||||
|**Talladau dibrislant**||**53,612**|**51,905**|
|**Colledion/(ennill) ar fuddsoddiadau**||**(260,234)**|**277,320**|
|**Llog a dderbynlwyd**||**(132,858}**|**(104,231}**|
|**Llog a dalwyd**||**47,544**|**31,462**|
|**Gostyngiad/(cynnydd) mewn dyledwyr**||**(97,428)**|**(36,569}**|
|**(Gostynglad}/cynnydd mewn credydwyr**||**693,216**|**108,860**|
|**Gwahanlaelh rhwng til penslwn a chyfranladau arian parod**||**(1,154,678)**|**212,701**|
|**Arlan net a ddarperlr gan welthrediadau**||**807,323**|**173,248**|
|**2. DADANSODDIAO O NEWIDIADAU MEWN CRONFEYOD NET**|**Ar 1.4.23**|**Lllf arlan**|**Ar 31.3.24**|
||**£**|**£**|**£**|
|**Arlan parod net**||||
|**Arian parod yn y bane ac mewn llaw**|**300,542**|**815,020**|**1,115,562**|
|**Cyfanswm**|**300,542**|**815,020**|**1,115,562**|
**Tudalen 13**
## Y COLEG CYMRAEG CENEDLAETHOL
## **NODIADAU AR Y DATGANIADAU ARIANNOL AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **1. POLIS)'AU CYFRIFEG**
## **Sail paratol'r datganiadau ariannol**
Mae datganiadau ariannoi y cwmni elusennol, sy'n endid budd cyhoeddus o dan FRS 102, wedl'u paratoi yn unol a·r SORP Elusennau (FRS 102) 'Cyfrifo ac Adrodd gan Elusennau: Datganiad o Arferion Cymeradwy sy'n berthnasol i elusennau sy'n paratoi eu cyfrifon yn unol a•r Safon Adrodd Ariannol sy'n gymwys yn y DU a Gweriniaeth lwerddon (FRS 102) (yn weithredol 1 lonawr 2019)', Safon Adrodd Ariannol 102 ·y Safon Adrodd Ariannol sy'n gymwys yn y DU a Gwerlnlaeth iwer **d** on' a Deddf Cwmnlau 2006. Mae'r datganiadau ariannol wedi'u paratoi o dan y confensiwn cost hanesyddol, ac eithrio buddsoddiadau sydd wedi'u cynnwys yn 01 gwerth y farchnad, fei y'i diwygiwyd gan ailbrisio rhai asedau.
## **Dyfarnladau cyfrifeg critlgol a ffynonellau allweddol o anslcrwydd amcangyfrif**
Roedd amcangyfrifon a dyfarniadau sylweddol a ddefnyddiwyd wrth baratoi'r wybodaeth ariannol hon fel a ganlyn:
## (i) Rhwymedigaethau buddion ymddeol
Rhoddir cyfrif am yr USS fel cynllun cyfraniadau diffiniedig gan nad oes digon o wybodaeth ar gael I ddefnyddio cyfrifeg buddion diffiniedig. Fedd bynnag, gan fod rhwymedigaeth gytundebol ar y Coleg i dalu cyfraniadau i'r USS i ariannu diffygion y gorffennol, darperir ar gyfer yr elfen hon o'r rhwymedigaeth ar y fantolen.
Mae'r cynllun adennill diffyg a roddwyd ar waith gan yr USS yn nodi cyfran y cyfraniadau blynyddol sy'n ymwneud ag adennill diffyg yn y gorffennol, a'r cyfnod y mae'r rhain wedi'u hymrwymo ar ei gyfer. Mae'r cyfraniadau diffyg ymrwymedig hyn yn cael eu hailasesu a phob prisiad lair blynedd o'r cynllun, ac maent yn sail i'r ddarpariaeth, ynghyd a rhagdybiaethau ar chwyddiant priodol a ffactorau disgownt. Mae'r rhagdybiaethau hyn yn effeithio ar lefel y ddarpariaeth a gyfrifir. Ceir rhagor o fanylion yn Nodyn 20.
## **PollsYau** lncwm **a chydnabod**
Caiff eitemau incwm eu cydnabod a'u cynnwys yn y datganiadau ariannol pan fodlonir yr holl felnl prawf canlynol:
Mae gan yr Elusen hawl i'r cronfeydd;
- Mae unrhyw amodau perfformiad sy'n gysylltiedig a·r eltem(au) incwm wedi'u bodloni neu wedi'u bodloni'n llawn o fewn rheolaeth yr elusen;
Mae digon o sicrwydd bod derbyn yr incwm yn cael ei ystyried yn debygoi; a Gellir mesur y swm yn ddibynadwy.
## **Llog derbyniadwy**
Mae Hog ar gronfeydd a ddelir ar adnau yn cael ei gynnwys pan fo'n dderbyniadwy a gall yr elusen fesur y swm yn ddibynadwy; gwneir hyn fel arfer ar 01 cael gwybod am y llog a dalwyd neu sy'n daladwy gan y Banc.
## **Gwariant**
Caiff rhwymedigaethau eu cydnabod fel gwariant cyn gynted ag y bydd rhwymedigaeth gyfreithiol neu ddeongliadol sy'n ymrwymo'r elusen i'r gwariant hwnnw, mae'n debygol y bydd angen trosglwyddo buddion economaidd fel setliad a gellir mesur swm y rhwymedigaeth yn ddibynadwy. Rhoddir cyfrif am wariant ar sail croniadau ac mae wedi'i ddosbarthu o dan benawdau sy'n cyfuno'r hell gostau sy'n gysylltledig a•r categori. Lie na ellir priodoli costau'n uniongyrchol i benawdau penodol maent wedi'u dyrannu i weithgareddau ar sail sy'n gyson a•r defnydd o adnoddau.
Nodir grantiau a gynigir yn amodol ar amodau na chyflawnwyd ar ddyddiad diwedd y flwyddyn tel ymrwymiad ond heb eu cronni fel gwariant.
## **Dyrannu a dosrannu costau**
Costau cymorth yw'r swyddogaethau hynny sy'n cynorthwyo gwaith yr elusen ond nad ydynt yn ymgymryd a gweithgareddau elusennol yn uniongyrchol. Mae costau cynnal yn cynnwys costau cefn swyddfa, personal cyllid, cyflogres a chostau llywodraethu sy'n cefnogi'r gweithgareddau addysgol. Mae'r seiliau ar gyfer dyrannu costau cymorth wedi'u nodi yn nodyn 7.
## **Asedau sefydlog dlriaethol**
Darperir dibrisiant ar y cyfraddau blynyddol canlynol er mwyn dileu pob ased dros el oes ddefnyddiol amcangyfrifedig.
Gosodion a ffitiadau 10 - 25% ar gost Cyfarpar cyfrifiadurol 33% ar gost
## **Buddsoddiadau**
Caiff buddsoddiadau eu prisio ar y pris cynnig a ddyfynnwyd. Mae enillion neu golledion heb eu gwireddu yn deillio o'r symudiad yng ngwerth y farchnad yn ystod y flwyddyn.
Tudalen 14
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NODIADAU AR Y DA TGANIADAU ARIANNOL - parhad AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **1. POLIS"iAU CYFRIFEG - parhad**
## **Dyledwyr**
Mae dyledwyr masnach a dyledwyr eraill yn cael eu cydnabod ar swm y setllad. Caiff rhagdaliadau eu prisio ar y swm a dalwyd ymlaen llaw ar 61 ystyried unrhyw ostyngiadau masnach sy'n ddyledus.
## **Arlan parod a chyfwerth ag arlan parod**
Mae arian parod a chyfwerth ag arian pared yn cynnwys arian parod a buddsoddiadau hynod hylifol tymor byr _gydag_ aeddfedrwydd byr a dri mis neu lai a _ddyddiad_ caffael neu agor y cyfrif adnau neu gyfrif tebyg.
## **Credydwyr**
Mae credydwyr tymor byr yn cael eu mesur ar bris trafodlon (sef pris yr anfoneb fel arfer).
## **Trethu**
Fel elusen gofrestredig, yn gyffredinal mae'r elusen wedi'i heithria rhag treth garffaraeth a dan adrannau 466 i 493 a Ddeddf Treth Garfforaeth 2010, ar yr amad bod _yr_ incwm sy'n codi _yn_ cael ei ddefnyddia at ddibenian elusennol. Mae adran 256 TCGA 1992 hefyd yn darparu eithriad rhag treth ar enillion cyfalaf, ar yr arnad bod yr enillian yn cael eu defnyddio at ddibenian elusennal. Nid oes unrhyw dal treth yn codi yn ystod y flwyddyn.
## **Cyfrifo'r gronfa**
Gall cronfeydd anghyfyngedig gael eu defnyddio yn unol a·r amcanion elusennal yn 61 disgresiwn yr ymddiriedolwyr.
Dim and at ddibenian cyfyngedig arbennig o fewn arncanion yr elusen y gellir defnyddia cranfeydd cyfyngedig. Mae cyfyngiadau'n codi pan nadir hynny gan y rhoddwr neu pan gadir arian at ddibenion cyfyngedig penadal.
Mae esboniad ychwanegol o natur a diben pob cronfa wedi'i gynnwys yn y nadiadau i'r datganiadau ariannal.
## **Costau penslwn a buddion eraili ar 61 ymddeol**
Y prif gynllun pensiwn buddion diffiniedig ar gyfer staff y Caleg yw Cynllun Blwydd-dal y Prifysgalian (USS). Mae'r cynllun yn gynllun buddian diffiniedig a ariennir. Mae'r cranfeydd yn cael eu prisio'n actiwaraidd bob tair blynedd gan actiwari a chymwysterau proffesiynol gan ddefnyddio nail! ai'r dull cyfanredol neu'r dull oedran cyrhaeddiad a chyfraddau'r cyfraniadau sy'n daladwy yn cael eu pennu gan ymddiriedalwyr y cynllun ar gyngor yr actiwari . Y prisiad actiwaraidd diweddaraf sydd ar gael o'r cynllun ar 31 Mawrth 2024 oedd prisiad Mawrth 2020.
Mae'r USS yn gynllun amlgyflogwr ac nid yw'n bosibl adnabad asedau a rhwymedigaethau i aeladau'r Caleg ar ei gyfer oherwydd natur gydfuddiannol y cynllun ac telly cyfrifir am y cynllun hwn fel cynllun buddion yrnddeoliad cyfraniad diffiniedig.
Mae rhwymedigaeth yn cael ei chofnodi a fewn darpariaethau ar gyfer unrhyw ymrwymiad cytundebol i ariannu diffygion yn y gor **f** ennol o fewn cynllun USS.
## **Offerynnau ariannol**
Mae'r cwmni elusennol wedi dewis mabwysiadu Adrannau 11 a 12 FRS 102 mewn perthynas ag offerynnau ariannal.
## i. Asedau ariannol
Mae asedau ariannol syifaenal, gan gynnwys dyledwyr masnach a dyledwyr eraill, balansau arian parod a bane a buddsoddiadau mewn papur masnachal, yn cael eu cydnabod i ddechrau ar bris y trafadiad, oni bai bod y trefniant yn drafodiad ariannu, lie caiff y trafodiad ei fesur ar werth presennol y derbyniadau yn y dyfodal a ddisgawntiwyd ar gyfradd llog y farchnad.
Mae asedau o'r fath wedyn yn cael eu cario ar gost wedi'i hamorteiddio gan ddefnyddio'r dull llog effeithiol.
Ar ddiwedd pab cyfnod adrodd, asesir asedau ariannol a fesurir ar gost arnorteiddiedig i gael tystiolaeth wrthrychal o amhariad. Os oes amhariad ar ased, y golled arnhariad yw'r gwahaniaeth rhwng y swrn cario a gwerth presennol y llif arian amcangyfrifedig wedi'i ddisgowntio ar gyfradd llog effeithial wreiddial yr ased. Cydnabyddir y golled amhariad mewn elw neu galled.
Os bydd gostyngiad yn y golled amhariad sy'n deillio o ddigwyddiad ar 61 i'r nam gael ei adnabod, caiff y nam ei wrthdroi. Mae'r gwrthdroad yn galygu nad yw'r swm cario presennol yn fwy na'r swm cario pe na bai'r amhariad wedi'i gydnabod yn flaenarol. Mae gwrthdroad yr amhariad yn cael ei gydnabod mewn elw neu galled.
Mae asedau ariannol eraill, gan gynnwys buddsoddiadau mewn offerynnau ecwiti nad ydynt yn is-gwmnrau, yn gwmnrau cyswllt neu'n gyd-fentrau, yn cael eu mesur i ddechrau ar werth teg, sef pris y trafodiad fel arfer.
Tudalen 15
**V COLEG CVMRAEG CENEDLAETHOL**
## **NODIADAU AR Y DATGANIADAU ARIANNOL. parhad AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 202◄**
## **1. POLISIAU CYFRIFEG • parhad**
## **Offerynnau arlannol**
**Caiff asedau o'r falh eu carlo wedyn ar werth leg a chalff y newldladau mewn gwerth teg eu cydnabod mewn elw neu gelled, ac eithrio bod buddsoddiadau mewn offerynnau ecwlti nad ydynt yn cael eu masnachu'n gyhoeddus ac na ellir mesur eu gwerthoedd leg yn ddibynadwy yn cael eu mesur ar gos! llai amhariad.**
**Mae asedau ariannol yn cael eu dadgydnabod pan fydd (a) yr hawliau cytundebol i'r llif arian o'r ased yn dod i ben neu·n cael eu setlo neu (b) holl risgiau a gwobrau perchnogaeth yr ased yn cael eu trosglwyddo, yn sylweddol, I barti arall neu (c) mae rheoli'r ased wedl cael el drosglwyddo I bartl arall sydd a'r gallu ymarferol I werthu'r ased yn unochrog i drydydd partl dlgyswllt heb osod cyfyngiadau ychwanegol.**
## **ii. Rhwymedigaethau ariannol**
**Mae rhwymedigaethau ariannol sylfaenol, gan gynnwys credydwyr masnach a chredydwyr eralll, yn cael eu cydnabod I ddechrau ar brls y trafodiad, oni bai bod y trefnlant yn gyfystyr** a **thrafodlad ariannu, lie mae'r offeryn dyled yn cael el fesur ar werth presennol derbyniadau'r dyfodol wedi'u disgowntio ar gyfradd llog y farchnad.**
**Mae credydwyr masnach yn rhwymedigaethau i dalu am nwyddau neu wasanaethau sydd wedl'u caffael fel rhan o fusnes arferol gan gyflenwyr. Mae credydwyr yn cael eu dosbarthu fel rhwymedigaethau cyfredol os yw taliad yn ddyledus o fewn blwyddyn neu lai. Os nad ydynt, cant eu cyflwyno fel rhwymedlgaethau anghyfredol. Mae credydwyr masnach yn cael eu cydnabod i ddechrau ar brls trafodlon ac yna'n cael eu mesur ar gost wedi'f hamortelddlo gan ddefnyddio'r dull llog effeithiol.**
**Mae rhwymedigaethau arlannol yn cael eu dadgydnabod pan fydd** _**y**_ **rhwymedlgaeth yn cael el dileu, hynny yw pan fydd y rhwymedlgaeth gylundebol** _**yn**_ **cael ei rhyddhau, ei chanslo neu pan ddaw I ben.**
## **Ill. Gwrthbwyso**
**Mae asedau a rhwymedigaethau ariannol yn cael eu gwrthbwyso a'r symiau net a gyHwynlr** _**yn y**_ **datganiadau arlannol pan fo haw!** _**y**_ **gelllr el gorfodi'n gyfreithlol I wrthbwyso'r symlau cydnabyddedlg a bod bwrlad I setlo ar sail net neu I wireddu'r ased a setlo'r mwymedigaeth ar yr un pryd.**
## **2. RHODDION A CHYMYNRODDION**
|**2. RHODDION A CHYMYNRODD**|**ION**|||||
|---|---|---|---|---|---|
||**Cronfeydd**||**Cronfeydd**|||
||**Anghyfyngedlg**||**Cyfyngedig**|**2024**|**2023**|
||**£**||**£**|**£**|**£**|
|**Unigolion a sefydliadau**||**0**|**58,250**|**58,250**|**0**|
|**Cymynroddion**||**0**|**0**|**0**|**0**|
|||**0**|**58,250**|**68,260**|**0**|
|**3. INCWM BUDDSODDI**||||||
|||||**2024**|**2023**|
|||||**£**|£|
|**Rhenti a dderbyniwyd**||||**20,000**|**20,000**|
|**lncwm buddsoddiadau**||||**132,858**|**104,231**|
|||||**152,858**|**124,231**|
|**4. INCWM O WEITHGAREDDAU ELUSENNOL**||||**2024**|**2023**|
||**Gwelthgaredd**|||**£**|**£**|
|**Grantlau Uywodraelh**|**Addysg Uwch, Addysg**|**Bellach**|**a Phrentisiaethau**|**10,228,000**|**8,982,860**|
|**Tangysgrlfladau Sefydliadol**|**Addysg Uwch, Addysg**|**Bellach**|**a Phrentlslaethau**|**99,403**|**99,403**|
|**Cymraeg Gwaith**|**Addysg Uwch, Addysg**|**Bellach**|**a Phrentisiaethau**|**723,400**|**641,000**|
|**lncwm Arall**|**Addysg Uwch, Addysg**|**Bellach**|**a Phrentlsiaethau**|**93,558**|**56,675**|
|**Rhoddlon**|**Addysg Uwch, Addysg**|**Bellach**|**a Phrenlisiaethau**|**46,685**|**0**|
|||||**11,191,046**|**9,779,938**|
|**Mae'r grantiau a dderbynlwyd, sydd wedi'u cynnwys yn yr uchod, fel a ganlyn:**||||||
|||||**2024**|**2023**|
|||||**£**|**£**|
|**Grantiau Llywodraeth Cymru**||||**10,228,000**|**8,982,860**|
**Grantiau Llywodraeth Cymru**
Tudalen 16
## **V COLEG CVMRAEG CENEDLAETHOL**
## **NODIADAU ARV DATGANIADAU ARIANNOL • parhad AM Y FLWYDDYN A DDAETH** I **BEN 31 MAWRTH 2024**
## **5. COSTAU GWEITHGAREDDAU ELUSENNOL**
|**5. COSTAU GWEITHGAREDDAU ELUSENNOL**|||||
|---|---|---|---|---|
||**Costau**|**Ariannu grant o**|**Costau**|**Cyfnswm**|
||**Uniongyrchol**|**weithgareddau**|**Cefnogaeth**||
|||**(gweler**|**(gweler**||
|||**nodyn 6)**|**nodyn 7)**||
||£|**£**|**£**|£|
|Addysg Uwch, Addysg Bellach a Phrentisiaethau|1,929,682|7,736,414|1,411,575|**11,077,671**|
|**6. GRANTIAU SY'N DALADWY**|||||
||||**2024**|2023|
||||£|£|
|Addysg Uwch, Addysg Bellach a Phrentisiaethau|||7,736,414|6,541,629|
|Roedd cyfanswm y grantiau a dalwyd i sefydliadau yn ystod y flwyddyn fel a ganlyn:|||||
|Prifysgol Abertawe|||507,694|484,805|
|Prifysgol Aberstwyth|||483,122|539,705|
|Prifysgol Bangor|||901,789|816,864|
|Prifysgol Caerdydd|||608,018|636,925|
|Prifysgol Cymru Y Drindod Dewi Sant|||169,028|167,878|
|Prifysgol De_Cymru_|||360,534|179,294|
|Prifysgol Metropolitan Caerdydd|||311,909|225,750|
|Prifysgol Wrecsam|||74,659|67,500|
|Prifysgol Cymru|||2,496|6,091|
|Y Brifsgol Agored|||0|0|
|Coleg Cambria|||286,800|213,813|
|Coleg Caerdydd a'r Fro|||343,800|191,773|
|Coleg y_Cymoedd_|||215,900|100,900|
|Coleg Gwent|||210,400|135,733|
|Coleg Gwyr Abertawe|||317,800|183,000|
|Coleg Sir Gar**_I_**Cerediglon|||258,889|196,385|
|Grwp Llandrillo Menai|||327,300|254,295|
|Coleg Merthyr|||159,400|100,900|
|Grp Nedd Port Talbot|||187,800|193,300|
|Coleg Penfro|||200,300|139,967|
|Coleg Penybonl|||200,900|140,400|
|Addysg Oedolion Cymru|||38,400|38,400|
|Hyfforddiant ACT|||83,550|9,480|
|Hyfforddiant Cambrian|||82,400|52,400|
|EducB|||82,400|52,400|
|**ITEC**|||82,400|52,400|
|Cenedlaethol|||98,051|130,349|
||||6,595,738|5,310,707|
|Dyma gyfanswm y grantiau a dalwyd i unigolion yn ystod y flwyddyn:|||||
||||**2024**|2023|
||||£|£|
|Ysgoloriaethau lsraddedig|||609,000|644,500|
|Y sgoloriaethau 01-raddedig|||531,676|586,422|
||||1,140,676|1,230,922|
Tudalen 17
## **V COLEG CVMRAEG CENEDLAETHOL**
## **NODIADAU AR Y DATGANIADAU ARIANNOL • parhad AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **7. COSTAU CVMORTH**
|**7. COSTAU CVMORTH**|||||
|---|---|---|---|---|
||**Marchnata a**|**Hyfforddlant**||**Cytundeb**|
||**chyfathrebu**|||**Rhwydwalth**|
||£||£|£|
|Addysg Uwch, Addysg Bellach a Phrentisiaethau|170,691||11,234|95,440|
||**Rhent**|**Gwelnyddu**||**Gwelthgaredd**|
|||||**addysgol**|
||£||£|£|
|Addysg Uwch, Addysg Bellach a Phrentisiaethau|119,243||301,032|616,257|
||**Llywodraethu**|**Cefnogaeth**||**Cyfanswm**|
||£||£|£|
|Addysg Uwch, Addysg Bellach a Phrentisiaethau|58,477||39,201|**1,411,575**|
|**8.ARALL**|||||
|||**2024**||2023|
||||£|£|
|Costau Pensiwn||(1,131,683)||259,470|
|Wedi'i gynnwys o fewn gwariant arall mae'r cynnydd yn y ddarpariaeth USS (Nodyn 20).|||||
## **9. INCWM/(GWARIANT)**
lncwm/(gwariant) net yn cael ei ddatgan ar 01 codi tal/(credydu):
||**2024**|2023|
|---|---|---|
||£|£|
|TAI yr archwilwyr|19,440|11,365|
|Dibrisiant - asedau dan berchnogaeth|53,612|51,905|
## **10. TAL A BUDDION YR YMDDIRIEDOLWYR**
Nid oedd unrhyw dal cydnabyddiaeth ymddiriedolwyr na buddion eraill ar gyfer _y_ flwyddyn a ddaeth i ben 31 Mawrth 2024 nae ar gyfer y flwyddyn a ddaeth i ben 31 Mawrth 2023.
Talwyd honorariwm o £7,500 yn ystod _y_ flwyddyn I Gadeirydd _y_ Bwr .
## **Treullau Ymddlrledolwyr**
Talwyd £3,595 i 9 ymddiriedolwr yn ystod y flwyddyn (2023: £2,546 i 9 ymddiriedolwr).
## **11. COST AU STAFF**
|**11. COST AU STAFF**||
|---|---|
|Cyflogau
Costau nawdd cymdeithasol
Costau pensiwn eraill
Roedd nifer misol cyfartalog_y_cyfogeion yn ystod y flwyddyn fel a ganlyn:
Staff
**2024**
£
1,529,876
160,523
(892,400)
**797,999**
**2024**
39|2023
£
1,240,102
136,871
455,611|
||1,832,584
2023
33|
Tudalen 18
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NODIADAU AR Y DATGANIADAU ARIANNOL- parhad AMY FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **11. COSTAU STAFF - parhad**
Roedd niter y gweithwyr yr oedd eu buddion cyflogeion (ac eithrio costau pensiwn y cyflogwr) yn fwy na £60,000 fel a ganlyn:
|||**2024**||2023||
|---|---|---|---|---|---|
|£60,001|- £70,000||0||0|
|£70,001|- £80,000||2||2|
|£80,001|- £90,000||0||1|
|£90,001|- £100,000||1||0|
||||**3**||3|
Cyfanswm cyfraniadau pensiwn y cyflogwr a dalwyd i gynlluniau cyfraniadau diffiniedig ar gyfer y cyflogai ar gyflog uwch oedd £49,120 (2023: £51,176).
## **Personal rheoli allweddol.**
Cyfanswm buddion gweithwyr personal rheoli allweddol yr Elusen oedd £327,559 (2023: £305,095)
## **12. CYMHARIAETHAU AR GYFER Y DATGANIAD GWEITHGAREDDAU ARIANNOL**
|**INCWM A GWADDOLION 0**
**Weithgareddau elusennol**
Addysg Uwch, Addysg Beliach a Phrentlsiaethau
incwm Buddsoddi
**Cyfanswm**
**GWARIANT AR**
**Weithgareddau elusennol**
Addysg Uwch, Addysg Bellach a Phrentisiaethau
Arall
**Cyfanswm**
Enillion net ar fuddsoddiadau
**INCWMNET**
**CYSONI CRONFEYDD**
**Cyfanswm yr arlan a ddygwyd ymlaen**
**CYFANSWM Y CRONFEYDD A DDYGWYD YMLAEN**|**Cronfa**
**Anghyfyngedig**
£
9,779,938
124,231
9,904,169
9,733,579
259,470
9,993,049
(277,320)
(366,200)
2,905,756
2,539,556
**Cronfa**
**Cyfyngedig**
£
0
0
**0**
0
0
0
0
0
0
0
**Cyfanswm**
**Cronfeydd**
£
9,779,938
124,231
**9,904,169**
9,733,579
259,470
**9,993,049**
(277,320)
(366,200)
2,905,756
**2,539,556**|
|---|---|
Tudalen 19
## **Y COLEG CYMRAEG CENEDLAETHOL**
## NODIADAU AR Y DATGANIADAU ARIANNOL • parhad AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024
## 13. ASEDAU SEFYDLOG DIRIAETHOL
|**COST**
Ar 1 Ebril 2023
Y chwanegiadau
Ar 31 Mawrth 2024
**DIBRISIANT**
Ar 1 Ebril 2023
Tam flwyddyn
Ar 31 Mawrth 2024
**GWERTH LL YFR NET**
Ar 31 Mawrh 2024
Ar 31 Mawrth 2023|Gosodion a
**ffitiadau**
**£**
64,059
3,760
**67,819**
56,995
3,455
**60,450**
**7,369**
7,064
**Offer**
**Cyfrifiadurol**
**£**
346,976
44,875
**391,851**
283,453
50,156
**333,609**
**58,241**
63,523|**Cyfanswm**
**£**
411,035
48,635
**459,670**
340,448
53,612|
|---|---|---|
|||**394,060**|
|||**65,610**
70,587|
## **14. BUDDSODDIADAU ASEDAU SEFYDLOG**
|**14. BUDDSODDIADAU ASEDAU SEFYDLOG**||
|---|---|
|**GWERTH Y FARCHNAD**
Ar 1 Ebril 2023
Ychwanegiadau
Gwarediadau
Ailbrisiadau
Ar 31 Mawrh 2024
**GWERTH LL YFR NET**
Ar 31 Mawrth 2024
Ar 31 Mawrth 2023|**Buddsoddiadau**
**rhestredig**
3,560,802
1,215,121
(1,186,138)
260,234
3,850,019
**3,850,019**|
||3,560,802|
Mae'r buddsoddiad yn cynnwys £461,707 (2023: £417,433) wedi'i fuddsoddi mewn cronfa Hylifedd a £3,388,312 (2023: £2,840.117) wedi'i fuddsoddi mewn Cronfeydd Pen Agored.
## **15. DYLEDWYR: SYMIAU SY'N SYRTHIO'N DDYLEDUS O FEWN FLWYDDYN**
||**2024**|2023|
|---|---|---|
||**£**|£|
|Dyledwyr masnach|16,826|0|
|Dyledwyr eraill|275,000|202,789|
|Rhagdaliadau|88,603|80,212|
||**380,429**|283,001|
Tudalen 20
**V COLEG CYMRAEG CENEDLAETHOL**
## **NODIADAU AR Y DATGANIADAU ARIANNOL - parhad AM V FLWYOOYN A DOAETH I BEN 31 MAWRTH 2024**
## **16. CREDYOWYR: SYMIAU SY'N SYRTHIO'N DOYLEOUS O FEWN BLWYODYN**
|**16. CREDYOWYR: SYMIAU SY'N SYRTHIO'N DOYLEOUS O FEW**|**N BLWYODYN**||
|---|---|---|
||**2024**|**2023**|
||**£**|**£**|
|Credydwyr masnach|**1,041,351**|**242,229**|
|Nawdd cymdeithasol a threthi eralll|**38,888**|**33,574**|
|Croniadau ac lncwm gohiriedig|**133,677**|**244,896**|
||**1,213,915**|**520,699**|
## **17. CRONFEYDD CYFYNGEDIG**
|**17. CRONFEYDD CYFYNGEDIG**||||||
|---|---|---|---|---|---|
||**Ar31 Mawrth**|**Trosglwyddwyd**|**Derbyniwyd**|**Gwariwyd**|**Ar31 Mawrth**|
||**2023**|**o'r Gronfa**|||**2024**|
|||**Gyffredlnol**||||
||**£**|**£**|**£**|**£**|**£**|
|Bwrsariaeth Gareth Pierce|**0**|**0**|**9,000**|**(9,000)**|**0**|
|Bwrsarlaeth Goffa Dr Ll9r Roberts
Ysgoloriaeth Cyngor Gwynedd|**0**
**0**|**0**
**0**|**8,750**
**3,000**|**0**
**(3,000)**|**8,750**
**0**|
|Ysgoloriaeth Defi Fet
Ysgoloriaeth Gwilym Prys Davies|**0**
**0**|**0**
**28,000**|**37,500**
**0**|**(500)**
**(1,000)**|**37,000**
**27,000**|
||**0**|**28,000**|**58,250**|**!13,500)**|**72,750**|
i. Derbyniwyd rhoddlon yn ystod **2023/24** er cof am Dr ll9r Roberts a OGE Davies (Deli Fet). Dymuniad y teuluoedd oedd sefydlu cronfeydd er mwyn i'r Coleg ariannu ysgolorlaethau a bwrsariaethau ar gyfer myfyrwyr sydd yn astudio drwy gyfrwng y Gymraeg;
ii. Cefnogir ysgoloriaelhau a bwrsariaethau yn ogystal gan Gyngor Gwynedd a CBAC (Bwrsariaeth Gareth Pierce). Mae"r Coleg yn dyfarnu'r gwobrau i fyfyrwyr cymwys sy'n astudio drwy gyfrwng y Gymraeg a darperir y cyllid yn flynyddol gan y ddau gorff;
iii. Trosglwyddwyd cyllid o'r Gronfa Gyffredinol yn ystod **2023/24** er mwyn cyllido Ysgoloriaeth flynyddol er cof am Gwilym Prys Davies.
## **18. CYTUNDEBAU PRYDLESU**
Mae isafswm taliadau prydles o dan brydlesi gweithredu na ellir eu canslo yn syrthio'n ddyledus fel a ganlyn:
||**2024**|**2023**|
|---|---|---|
||**£**|£|
|0 fewn un flwyddyn|**121,992**|**94,082**|
|Rhwng un a phum mlynedd|**268,084**|**91,142**|
||**390,076**|**185,224**|
Tudalen 21
## **Y COLEG CYMRAEG CENEDlAETHOL**
## NODIADAU AR Y DATGANIADAU ARIANNOL - parhad **AM** Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 202-4
## 19. SYMUDIAD MEWN CRONFEYDD
||||**Trosglwyddwyd**||
|---|---|---|---|---|
||||**rhwng**||
||**Ar 1.4.23**|**Symudiad net**|**cronfeydd**|**Ar 31.3.24**|
||**£**|£|**£**|£|
|**Cronfeydd anghyfyngedig**
Cronfa gyffredinol|2,539,556|1,613,400|(28,000)|4,124,955|
|**Cronfeydd cyfyngedig**|||||
|Cronfeydd cyfyngedig|0|44,750|28,000|72,750|
|**CYFANSWM CRONFEYDD**|2,539,556|1,658,150|0|**4,197,706**|
Mae'r symudiadau net mewn cronfeydd, sydd wedi'u cynnwys yn yr uchod, fel a ganlyn:
||**Adnoddau dod i**|**Adnoddau a**|**Enlllion a**|**Symudlad**|
|---|---|---|---|---|
||**fewn**|**wariwyd**|**cholledion**|**cronfeydd**|
||£|£|£|£|
|**Cronfeydd anghyfyngedig**|||||
|Cronfa gyffredinol|11,285,653|9,932,488|260,234|21,478,375|
|**Cronfeydd cyfyngedig**|||||
|Cronfeydd cyfyngedig|58,250|13,500|0|71,750|
|**CYFANSWM CRONFEYDD**|**11,343,903**|**9,945,988**|**260,234**|**21,650,126**|
## **Cymariaethau ar gyfer symudiad cronfeydd**
|**Cymariaethau ar gyfer symudiad cronfeydd**||||
|---|---|---|---|
||**Ar 1.4.22**|**Symudiad net**|**Ar31.3.23**|
||£|£|**£**|
|**Cronfeydd anghyfyngedig**||||
|Cronfa gyffredinol|2,905,756|(366,200)|2,539,556|
|**CYFANSWM CRONFEYDD**|2,905,756|p66,200!|2,539,556|
Mae symudiadau net cymharol mewn cronfeydd, sydd wedi'u cynnwys yn yr uchod, fel a ganlyn:
||**Adnoddau**|**Adnoddau a**|Enillion a|**Symudiad**|
|---|---|---|---|---|
||**dod i fewn**|**wariwyd**|**cholledion**|**cronfeydd**|
||**£**|**£**|**£**|**£**|
|**Cronfeydd anghyfyngedlg**|||||
|Cronfa gyffredinol|11,285,653|(9,932,488)|260,234|1,613,400|
|**Cronfeydd cyfyngedlg**|||||
|Cronfeydd cyfyngedlg|58,250|(13,500)|0|44,750|
|**CYFANSWM CRONFEYDD**|**11,343,903**|**(9,946,988)**|**260 1234**|**1,658,150**|
Tudalen 22
## **Y COLEG CYMRAEG CENEDLAETHOL**
## NODIADAU ARY DA TGANIADAU ARIANNOL • parhad AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024
## **20. DARPARIAETH PENSIWN**
**Diffyg Cynllun Blwydd-dal y Prlfysgollon (USS)**
**Rhwymedlgaeth I arlannu diffyg ar bensiwn USS**
|**Rhwymedlgaeth I arlannu diffyg ar bensiwn USS**||
|---|---|
||**2024**|
||£|
|Fel 1 Ebrill 2023|1,154,678|
|Cyfraniadau a dalwyd|(70,539)|
|(Gostyngiad)/cynnydd yn y ddarpariaeth|(1,131,683)|
|Cost llog|47,544|
|Ar 31 Mawrth 2024|0|
Mae'r rhwymedigaeth i ariannu'r diffyg yn y gorffennol ar Gynllun Pensiwn y Brifysgol (USS) yn deillio o rwymedlgaeth gytundebol a•r cynllun pensiwn ar gyfer cyfanswm taliadau sy'n ymwneud a buddion sy'n deillio o berfformiad yn y gorffennol. Mae'r rheolwyr wadi asesu gweithwyr y dyfodol o fewn cynllun USS a thaliad cyflog dros gyfnod y rhwymedigaeth gontractiol wrth asesu gwerth y ddarpariaeth hon yn seiliedig ar amodau a oedd yn bodoli ar yr adeg honno.
Roedd y tybiaethau allweddol a ddefnyddiwyd ar ddiwedd y cyfnod adrodd fel a ganlyn:
||**2024**|2023|
|---|---|---|
||%|**%**|
|Twf cyflog|5.00%|5.00%|
|Gyfradd ddisgownt|0.00%|5.49%|
Cynllun Blwydd-dal y Prifysgolion (USS) yw'r prif gynllun ar gyfer staff, sy'n darparu buddion yn seiliedig ar gyflog pensiynadwy terfynol ar gyfer aelodau Cyflog Terfynol (sydd bellach ar gau i newydd-ddyfodiaid) a Buddiannau Gyrfa wedi'u Hailbrisio (CRB) ar gyfer newydd-ddyfodiaid ers 2011. Delir asedau'r cynllun mewn cronfa ar wahan a weinyddir gan yr ymddiriedolwr, Universities Superannuation Limited.
Oherwydd natur gydfuddiannol y cynllun, nid yw asedau'r cynllun yn cael eu neilltuo i'r Coleg a sefydliadau unigol a gosodir cyfraniad cynllun cyfan. Mae'r Coleg felly yn agored i risgiau actiwaraidd sy'n gysylltiedig a gweithwyr sefydlladau eraill ac nid yw'n gallu nodi ei gyfran o asedau a rhwymedigaethau sylfaenol y cynllun ar sail gyson a rhesymol ac felly, fel sy'n ofynnol gan FRS102, mae'n rhoi cyfrif am y cynllun fel petal'n gynllun cyfraniadau diffiniedig.
O ganlyniad, mae'r swm a godwyd ar y cyfrif incwm a gwariant yn cynrychioli'r cyfraniadau sy'n daladwy i'r cynllun mewn perthynas a•r cyfnod cyfrifeg. Fodd bynnag, o dan SORP Elusennau (FRS102), mae rhwymedigaeth hefyd yn cael ei chofnodi o fewn darpariaethau ar gyfer unrhyw ymrwymiad cytundebol i ariannu diffygion yn y gorffennol o fewn yr USS.
Tudalen 23
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NODIADAU AR Y DATGANIADAU ARIANNOL • parhad AM Y FLWYDDYN A DDAETH I BEN 31 MAWRTH 2024**
## **21. DATGELIADAU PARTiON CYSYLLTIEDIG**
Yn ystod y flwyddyn, ymgymerwyd fl'r trafodion canlynol a pharl'ion cysylltiedig:
Swm o £3,675,641 (2023: £3,315,106) i Sefydliadau Addysg Uwch er rnwyn ariannu gweithgareddau addysgol yn y sefydliadau hynny. Mae'r sefydliadau hyn yn warantwyr y Coleg fel y nodir isod.
## **22. CWMNI CYFYNGEDIG TRWY WARANT**
Mae'r Coleg yn gwmni cyfyngedig trwy warant ac telly nid oes ganddo gyfalaf cyfrannau. Gwarantwyr y cwmni yw'r sefydliadau canlynol:
Prifysgol Abertawe Prifysgol Aberystwyth Prifysgol Bangor Prifysgol Caerdydd Prifysgol Cymru Prifysgol Cymru Y Drindod Dewi Sant Prifysgol De Cymru Prifysgol Metropolitan Caerdydd Prifysgol Wrecsam Y Brifysgol Agored yng Nghymru Llyfrgell Genedlaethol Cymru Cymdeithas Llywodraeth Leol Cymru Cymdeithas Ysgolion Oros Addysg Gymraeg Rhieni dros Addysg Gymraeg Undeb Cenedlaethol Myfyrwyr Cymru Mudiad Meithrin Addysg a Gwella lechyd Cymru
Cyfyngir rhwymedigaeth pob aelod i £10, sef y swm y mae pob aelod yn ymrwymo i'w gyfrannu at asedau'r Coleg pe bai'n cael ei ddirwyn i ben tra'i fod yn aelod neu o fewn blwyddyn i ddiwedd ei aelodaeth, er mwyn:
(a) talu dyledion a rhwymedigaethau'r Coleg a ddigwyddodd Ira roeddent yn dal yn aelod,
(b) talu costau, taliadau a threuliau dirwyn i ben, ac
(c) addasu hawliau'r cyfranwyr hynny ymhlith ei gilydd.
Tudalen 24
**REGISTERED COMPANY NUMBER: 07550507 (England and Wales) REGISTERED CHARITY NUMBER: 1143525**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
**FOR**
## **Y COLEG CYMRAEG CENEDLAETHOL**
Bevan Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA? 9LA
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **CONTENTS OF THE FINAN CIAL STATEMENTS FORTHE YEARENDED31MARCH2024**
||Page|
|---|---|
|The Chair's Report||
|Repor of the Trustees|2 to 5|
|Report of the Independent Auditors|6 to 9|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Cash Flow Statement|12|
|Notes to the Cash Flow Statement|13|
|Notes to the Financial Statements|14 to 24|
|Detailed Statement of Financial Activities|25 to 26|
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **THE CHAIR'S REPORT FOR THE YEAR ENDED31MARCH2024**
It is my pleasure to present the Coleg's Financial Statements for 2023/24. This has been a very busy year and I have been impressed by the evidence of the Coleg's work and influence across the various educational sectors.
At our universities, the impact of our planning and the funds we invest are significant. By supporting provision in a variety of subjects and providing scholarships to students, the Coleg increases Welsh speakers' access to higher education through the medium of Welsh. It is exciting to see the Coleg continuing to promote new learning experiences - especially in areas that are key to developing the bilingual workforces of the future, such as the health professions, education and the creative industries, for example - through subject grants, catalyst grants and various projects.
While the Coleg has worked with universities for over a decade, its involvement with further education colleges and the apprenticeship sector is relatively recent. The initial investment is already making an impressive impact in these areas, often in contexts where there is little or no tradition of Welsh-medium or bilingual provision. The review of the action plan for post-16 provision will be an opportunity to build on this and expand the Coleg's work.
I would like to thank members of the Coleg Board, the senior management team and all of the Coleg's staff for their support during the year, as well as Welsh Government officials for their cooperation.
Page 1
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
The trustees (who are also non-executive directors of the charity for the purposes of the Companies Act 2006), present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Charitable objectives**
The objective of the Coleg will be, for the benefit of the public, promoting learning and knowledge by:
- (a) promoting, holding, developing and planning Welsh medium and Welsh language provision and related activities in higher education, further and continuing education establishments in Wales, working with higher education, further education establishments, schools and partner establishments in Wales and through them; and
- (b) promoting, holding, developing and planning learning, acquiring, improving and polishing Welsh language communication skills for people generally with suitable establishments in Wales and other places.
## **Public benefit**
The Trustees have considered the Charities Commission guidelines on public benefit recognising the three principles of public interest and they are of the opinion that the Coleg, as a charity, satisfy those principles. The Objectives of the Coleg are noted above.
- (a) There has to be a identifiable benefit or benefits which are clear, connected to the aims of the Coleg and assessed against any disadvantage or harm;
- (b) There have to be benefits for the public or a section of the public. The beneficiaries have to be appropriate to the aims and, if benefit is offered to a faction of the public, there should not be unreasonable restriction on the opportunity to have benefit and people in poverty should not be excluded from receiving benefit.
- (c) Those individuals who want to have higher education, further education, and who want to learn in the workplace through the medium of Welsh are the possible beneficiaries regarding the Coleg's activities. This is open to all who have the required skills and the determination to seek post-mandatory education in this way.
## **STRATEGIC REPORT**
## **Financial review**
The results and financial position for the year ended 31 March 2024 are set out on pages 10 to 24.
Revenue arises largely from funds received from the Welsh Government. The majority of the costs in the year have been costs related to the funding of the Coleg's program of activities, in the form of grant funding to universities, further education colleges and apprenticeship providers; the central running costs of the Coleg; and the support costs of educational activities within individual institutions as well as nationally across the sectors.
This year's accounts show a surplus that appears at first glance to be significant. But the surplus relates specifically to a reorganisation of the Coleg's investments and their consequent valuations and a change in the Coleg's pension provision. In setting these two items to one side, the operational position of the Coleg Cymraeg shows a balanced position between income and expenditure.
## **Investment policy**
The Coleg's Finance and General Purposes Committee have developed an investment policy which has been ratified by the Coleg Board, which provides a framework for the Coleg's investments including ethical considerations upon investing. The Committee has appointed Sarasin as investment managers and the Coleg formally monitors investment performance on a quarterly basis through the Committee.
## **Reserves policy and going concern**
The Trustees are satisfied that the Coleg's assets are adequate to fulfil its obligations in relation to its projected commitments. Welsh Government have committed to continuing to fund and support the Coleg's work during the current Senedd term, and this is evidenced by statements issued by Welsh Ministers on the floor of the Senedd, and in writing, including the designation of the Coleg as a body to advise the Commission for Tertiary Education and Research.
The level of reserves is considered appropriate to ensure that the Coleg is able to meet its objectives and is consistent with the Reserves Policy, which indicates that an unrestricted reserve of at least £2 million is required.
Page 2
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **STRATEGIC REPORT**
## **Financial and risk management objectives and policies**
The Board carries the overall responsibility for ensuring there is a sound system of risk management, control and governance. The Board's members discharge this responsibility through the following elements:
- Effective review by the Board and relevant committees, particularly the Audit and Risk Committee; Control systems which include policies, objectives and plans, management of key risks and opportunities, monitoring of financial and operational performance, physical safeguarding of assets, segregation of duties, authorisation and approval procedures, and information systems;
The identification and management of risk embedded in all business systems.
The Coleg's approach for the effective management of risk is set out below:
The Coleg focuses on the active management of risk as an integral part of the management process within every part of the organisation.
As part of the risk management framework, the Coleg clearly identifies risks of various kinds to the achievement of its objectives. These risks may be strategic or operational and may present potential implications for the Coleg's reputation, its financial position or its day to day operations or any combination thereof.
The Coleg actively encourages all managers to consider risk implications of each major decision, contract or project as a normal part of their day to day work.
The Coleg integrates risk management into the annual planning process which is the means by which the Board determines and co-ordinates the Coleg's academic and other activities.
The Board and the senior management team endeavour to identify and focus on immediate and transient risks with strategic implications, which may change from week to week, as well as on the more substantial and permanent risks which are identified in the Coleg's risk register.
Managers are expected to link risk identification to action, whether in mitigation of the risk or in response to it. The management team effectively operates the risk management procedures as part of the day to day operation of the Coleg.
The Board requires the Audit and Risk Committee to undertake an assessment three times a year of significant risk through a snapshot assessment, and the Coleg's risk register is updated in consultation with internal audit. The assessment is recorded through the risk register and is part of the ongoing process of risk management. The risk register identifies significant risks and contains details of:
the nature of the risk
its potential and likelihood of the impact
the 'owner' of the risk
the control processes which manage the risk
the potential and likelihood of the impact following the control processes
The Audit and Risk Committee regularly reviews the adequacy of the process of risk management at the Coleg as it continues to be developed.
The Board is of the view that there is an ongoing process for identifying, evaluating and managing the Coleg's significant risks that has been in place for the year ended 31 March 2024 and in place up to the date of approval of the annual report and financial statements and that it is regularly reviewed by the Board.
## **Plans for the future**
The next few years are going to see significant changes in the structures of post-16 education regulation and oversight and following the publication of the draft Welsh Language and Education Bill. The Coleg is very much looking forward to establishing a structured relationship with Medr (the Commission for Tertiary Education and Research) following being designated by the Welsh Government to advise the Commission on its statutory duties relating to the Welsh language in summer 2023 The Coleg will operate strategically in the higher education, further education and apprenticeship sectors to develop and maintain world-class Welsh medium and bilingual provision. In this way the Coleg will make a specific contribution to the objective of creating one million Welsh speakers and doubling the daily use of the language while attracting students, learners and apprentices with a range of language skills to Welsh medium and bilingual provision.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 3
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Charity constitution**
The Board comprises up to 12 members who are non-executive directors and Trustees, including the Chair, appointed in accordance with the Coleg's governance instrument. A clear distinction is drawn between the role of the Chair and that of the Coleg's Chief Executive. Those matters specifically reserved to the Board for decision are set out in the Articles of Association of the Coleg. The Board holds to itself the responsibilities for the ongoing strategic direction of the Coleg, the effective and efficient use of resources and the approval of major developments and receives regular reports from senior management.
The Board meets at least three times a year and has five standing committees (Academic Board, Post-16 Strategic Board, Audit and Risk Committee, Finance and General Purposes Committee, and Appointments and Governance and Standards Committee).
The Academic Board advises the Coleg's Board on academic matters within the higher education sector. It provides a continuous focus on academic planning in the Coleg within higher education and provides a forum for maintaining formal communication between the Coleg and its university branches. The Coleg also has a Post 16 Strategic Board which advises the Coleg's Board on matters relating to further education and apprenticeships and oversees progress against the further education and apprenticeship Strategic Plan. The Finance and General Purposes Committee is responsible for oversight of the Coleg's budget, and also receives reports on Marketing and Communications, Human Resources, Information Technology, Health and Safety, and Equality and Diversity.
The Audit and Risk Committee advises and supports the Coleg's Board and officers by providing them with independent assurance on the effectiveness of the Coleg's internal control, corporate governance and risk management. The Audit and Risk Committee also makes recommendations regarding the appointment of internal and external auditors and reviews the Coleg's financial statements, and prior to submission to the Board, reviews the management letter and receives and considers progress reports on areas of significant risk identified by academic managers. In addition, the Audit and Risk Committee receives and considers reports as they affect Coleg business and monitors compliance with regulatory requirements. Although senior officers attend Audit and Risk Committee meetings as required, they are not members of the Committee.
TIAA are the internal auditors of the Coleg and received several reports from the internal auditors during the year, including internal control, key financial controls - follow up, performance management, risk management framework, data protection/GDPR and annual report by TIM. Updates were received at all meetings of the Audit and Risk Committee on acting against the recommendations of the internal auditors. The Audit and Risk Committee wishes to commend the work of the officers, committee members and internal auditors in ensuring constant improvements in the processes. An internal audit programme has been agreed for 2024/25.
As a charitable company, the Coleg is governed by its Memorandum and Articles of Association, which provide for the appointment and reappointment of Trustees. In order to ensure an independent element to the appointment of Trustees, the Board established an Appointments and Governance and Standards Committee. The Committee is responsible for maintaining the appointment processes of members of the Coleg's Board, including the Chair, and other committee members within the governance structure of the Coleg's Board. The Committee also oversees standards of governance within the Coleg's Board.
Trustees are appointed for an initial term of four years, renewable for a maximum of another four year term. The Chief Executive and members of the Coleg's management team attend meetings of the Trustees, and present papers on their areas of responsibility.
The Trustees exercise oversight and supervision of all the Coleg's main functional areas, including academic development and planning, finance, human resources, health and safety, staff development, marketing / communications, and information services.
The Trustees decide on the strategy for the Coleg. The implementation of the strategy and the operational management is delegated to the Chief Executive and his colleagues.
The Coleg is committed to high standards of corporate governance. This statement describes how the relevant principles of corporate governance are applied to the Coleg.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered Company number:** 07550507 (England and Wales)
**Registered Charity number:** 1143525
## **Registered office**
Y Llwyfan, Ffordd Y Coleg, Caerfyrddin, Sir Gaerfyrddin, SA31 3EQ
Page 4
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED31MARCH2m4**
## **Trustees**
J Hayes Trustee (appointed 17.5.23) Rh Evans Trustee
A.Beynon Trustee Professor E M Thomas Trustee Professor A Jones Trustee
M Huws Trustee
A M Lloyd-Williams Trustee Ms N Elias Trustee Professor P ap Llwyd Trustee LL A Roberts Trustee W Callaway Trustee G D Jones Trustee (until 6.5.23) Dr A Eirug Trustee and Chairman
## **Company Secretary**
Dr D Phillips
## **Auditors**
Bevan Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA? 9LA
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the non-executive directors of Y Coleg Cymraeg Cenedlaethol for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
'trat ic report, approv�d by order of the �oard of tru�tees, as the company **.** Report of t�e tru_stees, incorps,rati�.g.f.non-executive d1r�rs;_on ... � ....... .t .. ... l.(,;:::,4.-.� and signed on the board s behalf by. · . r .. . .. .. .. .. . .. � ......... -:-Jr.< .. :i!.4 ....... ::.; '··: ... . � t:::: �· J-..... ___ ... � =-:-"frustee:-·Dr Aled Eirug·--·-· -- ---. :::,�-
Page 5
## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF Y COLEG CYMRAEG CENEDLAETHOL**
## **AUDITORS**
## **Opinion**
We have audited the financial statements of **Y** Coleg Cymraeg Cenedlaethol (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. lf we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
## Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Page 6
## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF Y COLEG CYMRAEG CENEDLAETHOL**
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the non-executive directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Page 7
## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF Y COLEG CYMRAEG CENEDLAETHOL**
## **Our responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
## **Extent to which the audit was considered capable of detecting irregularities, including fraud**
We identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, and then, design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
We discussed our audit independence complying with the Revised Ethical Standard 2019 with the engagement team members whilst planning the audit and continually monitored our independence throughout the process.
## **Identifying and assessing potential risks related to irregularities.**
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:
Enquiring of management, including obtaining and reviewing supporting documentation, concerning the company's policies and procedures relating to:
- identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance;
- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;
internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations;
Discussing among the engagement team how and where fraud might occur in the Financial Statements and any potential indicators of fraud.
Obtaining an understanding of the legal and regulatory frameworks that the charitable company operates in, focusing on those laws and regulations that had a direct effect on the Financial Statements or that had a fundamental effect on the operations of the charitable company. The key laws and regulations we considered in this context included the UK Companies Act and relevant tax legislation.
## **Audit response to risks identified**
In addition to the _above,_ our procedures to respond to risks identified included the following:
reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with relevant laws and regulations;
enquiring of management concerning actual and potential litigation and claims; performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud; reading minutes of meetings of those charged with governance and reviewing correspondence with HMRC; in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments;
assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 8
## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF Y COLEG CYMRAEG CENEDLAETHOL**
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Henry Lloyd-Davies (Senior Statutory Auditor) for and on behalf of Bevan Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA? 9LA Date: ............................................ . **"2-.o / h ' '2.-4 t..�**
Page 9
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024**
|Note
**INCOME AND ENDOWMENTS:**
**Gifts and Bequests**
**Charitable activities**
4
Higher Education, Further Education and Apprenticeships
Investment income
3
**Total**
**EXPENDITURE:**
**Gifts and Bequests**
**Charitable activities**
5
Higher Education, Further Education and Apprenticeships
Other
8
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Movement in funds**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**funds**
0
11,132,795
152,858|**Restricted**
**funds**
58,250
0
0
58,250||**2024**
£
58,250
11,132,795
152,858
11,343,903
13,500
11,064,171
(1,131,683)
9,945,988
260,234
1,658,150
0
2,539,556
4,197,705|2023
0
9,779,938
124,231|
|---|---|---|---|---|---|
||11,285,653||||9,904,169|
||0
11,064,171
(1,131,683)|13,500
0
0|||0
9,733,579
259,470|
||9,932,488|13,500|||9,993,049|
||260,234|0|||(277,320)|
||1,613,400
(28,000)
2,539,556|44,750
28,000
0|||(366,200)
0
2,905,756|
||4,124,955|72,750|||2,539,556|
Page 10
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **BALANCE SHEET**
## **31 MARCH 2024**
|Note
**FIXED ASSETS**
Tangible assets
13
Investments
14
**CURRENT ASSETS**
Debtors
15
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
16
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**PENSION PROVISION**
**NET ASSETS**
**FUNDS**
Unrestricted funds
Restricted funds
**TOTAL FUNDS**
20|**2024**
£
65,610
3,850,019
3,915,629
380,429
1,115,562
1,495,990
(1,213,915)
282,075
4,197,705
(0)
4,197,705
4,124,955
72,750
4,197,705|2023
£
70,587
3,560,802|
|---|---|---|
|||3,631,389|
|||283,001
300,542|
|||583,543
(520,699)|
|||62,844|
|||3,694,233
(1,154,678)|
|||2,539,555
2,539,556
0|
|||2,539,556|
The financial statements were approved by the Board of Trustees and authorised for issue on **·** and were signed on its behalf by: ·.c9) ,{ ,t·\.·(�-:L�. , '· �Si '""-. - ---·--·-"frustee: Dr Aled Eirug-,-�F"o ·•--H,-�•----•---�--•-•--� --) _..... :'_ **:** . ""''' ... � \10< j **.** . **'** , **.** , **,** "'
Page 11
## **Y COLEG CYMRAEG CENEDLAETHOL**
## CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
|**Cash flows from operating activities**
Cash generated from operations
Interest paid
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
Net cash used in investing activities
**Change in cash and cash equivalents in the reporting period**
**Cash and cash equivalents at the beginning of the reporting period**
**Cash and cash equivalents at the end of the reporting period**
Note
13
14
14
3||**2024**
£
807,323
(47,544)
759,779
(48,635)
(1,215,121)
1,186,138
132,858
55,240
815,020
300,542
1,115,562|2023
£
173,248
(31,462)|
|---|---|---|---|
||||141,786|
||||(76,428)
(17,768)
543
104,231|
||||10,578|
||||152,364
148,178|
||||300,542|
Page 12
## Y COLEG CYMRAEG CENEDLAETHOL
## NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024
## 1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
|**Net (expenditure)/income for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Losses/(gain) on investments
Interest received
Interest paid
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Diference between pension charge and cash contributions
**Net cash provided by operations**
**2. ANALYSIS OF CHANGES IN NET FUNDS**
**Net cash**
Cash at bank and in hand
**Total**|**At 1.4.23**
£
300,542
300,542|**2024**
£
1,658,150
53,612
(260,234)
(132,858)
47,544
(97,428)
693,216
(1,154,678)
**807,323**
**Cash flow**
£
815,020
**815,020**|2023
£
(366,200)
51,905
277,320
(104,231)
31,462
(36,569)
106,860
212,701|
|---|---|---|---|
||||173,248|
||||**At 31.3.24**
£
1,115,562|
||||**1,115,562**|
Page 13
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31MARCHW24**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Critical accounting judgements and key sources of estimation uncertainty**
Significant estimates and judgements used in the preparation of this financial information were as follows:
## (i) Retirement benefit obligations
The USS is accounted for as a defined contribution scheme as insufficient information is available to use defined benefit accounting. However, as the Coleg is contractually obliged to pay contributions into the USS to fund past deficits, this element of the obligation is provided for on the balance sheet.
The deficit recovery plan put in place by the USS sets out the proportion of annual contributions that relate to past deficit recovery, and the period for which these are committed. These committed deficit contributions are re-assessed with each triennial valuation of the scheme, and form the basis of the provision, together with assumptions on appropriate inflation and discount factors. These assumptions impact the level of the provision calculated. Further detail is provided within Note 20.
## **Income and recognition policies**
Items of income are recognised and included in the financial statements when all of the following criteria are met:
The Charity has entitlement to the funds;
- Any performance conditions attached to the item(s) of income have been met or are fully within the control of the charity;
There is sufficient certainty that receipt of the income is considered probable; and The amount can be measured reliably.
## **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Allocation and apportionment of costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance personnel, payroll and governance costs which support the educational activities. The bases on which support costs have been allocated are set out in note 7.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings 10 - 25% on cost Computer equipment 33% on cost
## **Investments**
Investments are valued at the quoted bid price. Unrealised gains or losses are derived from the movement in the market value in the year.
Page 14
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEARENDED31MARCH2024**
## **1. ACCOUNTING POLICIES - continued**
## **Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors**
Short term creditors are measured at transaction price (which is usually the invoice price).
## **Taxation**
As a registered charity, the charity is generally exempt from corporation tax under sections 466 to 493 Corporation Tax Act 2010, provided the income arising is applied for charitable purposes. Section 256 TCGA 1992 also provides an exemption from tax on capital gains, provided the gains are applied for charitable purposes. No tax charge arises in the year.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The principal defined benefit pension scheme for the Coleg's staff is the Universities Superannuation Scheme (USS). The scheme is a funded defined benefit scheme. The funds are actuarially valued _every_ three years by a professionally qualified actuary using either the aggregate method or the attained age method with the rates of contribution payable being determined by the scheme's trustees on the advice of the actuary. The latest available actuarial valuation of the scheme at 31 March 2024 was the March 2020 valuation.
The USS is a multi-employer scheme for which it is not possible to identify the assets and liabilities to Coleg members due to the mutual nature of the scheme and therefore this scheme is accounted for as a defined contribution retirement benefit scheme.
A liability is recorded within provisions for any contractual commitment to fund past deficits within the USS scheme.
## **Financial instruments**
The charitable company has chosen to adopt the Sections 11 and 12 of FRS 102 in respect of financial instruments.
## i. Financial assets
Basic financial assets, including trade and other debtors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price.
Page 15
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Financial instruments**
Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
## ii. Financial liabilities
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
## iii. Offsetting
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## **2. GIFTS AND BEQUESTS**
|**Unrestricted**
**Restricted**
**funds**
**funds**
£
£
Individuals and organisations
0
58,250
Bequests
0
0
0
58,250
**3. INVESTMENT INCOME**
Rents received
Investments income
**4. INCOME FROM CHARITABLE ACTIVITIES**
**Activity**
Government Grants
Institutional Subscriptions
Cymraeg Gwaith
Other Income
Donations
Higher Education, Further Education and Apprenticeships
Higher Education, Further Education and Apprenticeships
Higher Education, Further Education and Apprenticeships
Higher Education, Further Education and Apprenticeships
Higher Education, Further Education and Apprenticeships
Grants received, included in the above, are as follows:
Welsh Government Grants|**2024**
£
58,250
0
**58,250**
**2024**
£
20,000
132,858
**152,858**
**2024**
£
10,228,000
99,403
723,400
93,558
46,685
**11,191,045**
**2024**
£
10,228,000|2023
£
0
0|
|---|---|---|
|||0|
|||2023
£
20,000
104,231|
|||124,231|
|||2023
£
8,982,860
99,403
641,000
56,675
0|
|||9,779,938
2023
£
8,982,860|
Welsh Government Grants
Page 16
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 31 MARCH 2024**
## **5. CHARITABLE ACTIVITIES COSTS**
|Higher Education, Furher Education and Apprenticeships
**6. GRANTS PAYABLE**
Higher Education, Further Education and Apprenticeships
The total grants paid to institutions during the year was as follows:
Swansea University
Aberystwyth University
Bangor University
Cardiff University
University of Wales Trinity Saint David
University of South Wales
Cardiff Metropolitian University
Wrexham University
The University of Wales
Open University in Wales
Coleg Cambria
Coleg Caerdydd a'r Fro
Coleg Y Cymoedd
Coleg Gwent
Coleg Gwyr Abertawe
Coleg Sir Gar
Grwp Llandrillo Menai
Coleg Merthyr
Grwp Nedd Port Talbot
Coleg Penfro
Coleg Penybont
Addysg Oedolion Cymru
ACT Training
Cambrian Training
Educ8
ITEC
National
The total grants paid to individuals during the year was as follows:
Undergraduate Scholarships
Postgraduate Scholarships
**Direct Costs**
£
1,929,682
**Grant funding of**
**activities**
**(see note 6)**
£
7,736,414|**Support**
**costs**
**(see note 7)**
£
1,411,575
**2024**
£
7,736,414
507,694
483,122
901,789
608,018
169,028
360,534
311,909
74,659
2,496
0
286,800
343,800
215,900
210,400
317,800
258,889
327,300
159,400
187,800
200,300
200,900
38,400
83,550
82,400
82,400
82,400
98,051|||**Totals**
£|
|---|---|---|---|---|
|||||**11,077,671**
2023
£
6,541,629
484,805
539,705
816,864
636,925
167,878
179,294
225,750
67,500
6,091
0
213,813
191,773
100,900
135,733
183,000
196,385
254,295
100,900
193,300
139,967
140,400
38,400
9,480
52,400
52,400
52,400
130,349|
||6,595,738|||5,310,707|
||**2024**
£
609,000
531,676
1,140,676|||2023
£
644,500
586,422|
|||||1,230,922|
Page 17
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THEYEAR ENDED31MARCH2�4**
|**7. SUPPORT COSTS**
Higher Education, Further Education and Apprenticeships
**Marketing and**
**communications**
£
170,691
**Training**
£
11,234
**Rent**
**Administration**
£
Higher Education, Further Education and Apprenticeships
119,243
**Governance**
£
Higher Education, Further Education and Apprenticeships
58,477
**8 OTHER**
Pension costs
Included within other expenditure is the increase in the USS provision (Note 20).
**9. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Depreciation - owned assets
**10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024
nor for the year ended 31 March 2023.
The Chairman of the Board was paid an honorarium during the year totalling £7,500.
**Trustees'expenses**
9 trustees were paid a total of £3,595 (2023: £2,546 to 9 trustees).
**11 STAFF COSTS**
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Staff
£
301,032
**Support costs**
£
39,201
**2024**
£
(1,131,683)
**2024**
£
19,440
53,612
**2024**
£
1,529,876
160,523
(892,400)
**797 999**
**2024**
39|**Network**
**agreement costs**
£
95,440
**Educational**
**activities**
£
616,257
**Totals**
£|**Network**
**agreement costs**
£
95,440
**Educational**
**activities**
£
616,257
**Totals**
£|
|---|---|---|
|||**1 411575**|
|||2023
£
259,470
2023
£
2023
£
11,365
51,905
1,240,102
136,871
455,611|
|||1,832,584|
|||2023
33|
Page 18
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 31 MARCH 2024**
## **11. STAFF COSTS· continued**
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
|The number of employees whose employee benefits (excluding employer pension costs)
exceeded £60,000 was:||
|---|---|
|£60,001 - £70,000
£70,001 - £80,000
£80,001 - £90,000
£90,001 - £100,000
**2024**
0
2
0
1
**3**|2023
0
2
1
0|
||3|
The total employer's pension contributions paid to defined contributions schemes for the higher paid employee was £49,120 (2023: £51,176).
## **Key management personnel**
The total employee benefits of the key management personnel of the Charity were £327,559 (2023: £305,095)
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Higher Education, Further Education and Apprenticeships
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Higher Education, Further Education and Apprenticeships
Other
**Total**
Net gains on investments
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted fund**
£
9,779,938
124,231
9,904,169
9,733,579
259,470
9,993,049
(277,320)
(366,200)
2,905,756
2,539,556|**Restricted**
**fund**
£
0
0||**Total**
**funds**
£
9,779,938
124,231|
|---|---|---|---|---|
|||**0**||**9,904,169**|
|||0
0||9,733,579
259,470|
|||**0**||**9,993,049**
(277,320)
(366,200)
2,905,756|
|||0
0
0|||
|||**0**||**2,539,556**|
Page 19
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THEYEAR ENDED 31MARCH 2024**
## **13. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2023
Additions
At 31 March 2024
**DEPRECIATION**
At 1 April 2023
Charge for year
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023|**Fixtures**
**and**
**fittings**
£
64,059
3,760
**67,819**
56,995
3,455
**60,450**
**7,369**
7,064|**Computer**
**equipment**
£
346,976
44,875
**391,851**
283,453
50,156
**333,609**
**58,241**
63,523||**Totals**
£
411,035
48,635|
|---|---|---|---|---|
|||||**459,670**|
|||||340,448
53,612|
|||||**394,060**|
||||||
|||||**65,610**|
|||||70,587|
## **14. FIXED ASSET INVESTMENTS**
||**Listed**|
|---|---|
||**investments**|
||£|
|**MARKET VALUE**||
|At 1 April 2023|3,560,802|
|Additions|1,215,121|
|Disposals|(1,186,138)|
|Revaluations|260,234|
|At 31 March 2024|3,850,019|
|**NET BOOK VALUE**||
|At 31 March 2024|**3,850,019**|
|At 31 March 2023|3,560,802|
The investment comprise £461,707 (2023: £417,433) invested in a Liquidity fund and £3,388,312 (2023: £2,840,117) invested in Open-End Funds.
## **15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Other debtors
Prepayments
**2024**
**£**
16,826
275,000
88,603
**380,429**|2023
£
0
202,789
80,212|
|---|---|
||283,001|
Page 20
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Social security and other taxes
Accruals and deferred income|**2024**
2023
£
£
1,041,351
242,229
38,888
33,574
133,677
244,896
**1,213,915**
520,699|
|---|---|
## **17. RESTRICTED FUNDS**
|**17. RESTRICTED FUNDS**||||||
|---|---|---|---|---|---|
|Gareth Pierce Bursary
Dr Llyr Roberts Memorial Bursary
Cyngor Gwynedd Scholarship
Defi Fet Scholarship
Gwilym Prys Davies Scholarship|**At 31 March**
**2023**
**£**
0
0
0
0
0|**Transferred**
**from General**
**Fund**
**£**
0
0
0
0
28,000|**Received**
**£**
9,000
8,750
3,000
37,500
0
58,250|**Expended**
**£**
(9,000)
0
(3,000)
(500)
(1,000)
(13,500)|**At 31 March 2024**
**£**
0
8,750
0
37,000
27,000|
||0|28,000|||**72,750**|
i. Donations were received during 2023/24 in memory of Dr Llyr Roberts and DGE Davies (Defi Fet). The families wished to establish funds to enable the Coleg to support scholarships and bursaries for students who study through the medium of Welsh;
ii. Scholarships and bursaries are also supported by Cyngor Gwynedd and the WJEC (The Gareth Pierce Bursary). The Coleg awards these to eligible students who study through the medium of Welsh and the money is provided annually by both bodies;
iii Funds were transferred from the General Fund during 2023/24 in order to pay for an annual Scholarship in memory of Gwilym Prys Davies.
## **18. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years|**2024**
£
121,992
268,084
**390,076**|2023
**£**
94,082
91,142|
|---|---|---|
|||185,224|
Page 21
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **19. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|**At 1.4.23**
£
2,539,556
0
2,539,556|**Net movement**
**in funds**
£
1,613,400
44,750
1,658,150
**Transferred**
**between funds**
**At 31.3.24**
£
£
(28,000)
4,124,955
28,000
72,750
0
**4,197,705**|
|---|---|---|
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|**Incoming**
**resources**
£
11,285,653
58,250
**11,343,903**
**Resources**
**expended**
£
9,932,488
13,500
**9,945,988**
**Gains and**
**Movement**
**losses**
**in funds**
£
£
260,234
21,478,375
0
71,750
**260,234**
**21,550,125**|
|---|---|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**At 1.4.22**
£
2,905,756
2,905,756|**Net movement**
**in funds**
**At 31.3.23**
£
£
(366,200)
2,539,556
(366,200)
2,539,556|
|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|**Incoming**
**Resources**
**resources**
**expended**
£
£
11,285,653
(9,932,488)
58,250
(13,500)
**11,343,903**
**(9,945,988)**
**Gains and**
**Movement**
**losses**
**in funds**
£
£
260,234
1,613,400
0
44,750
**260,234**
**1,658,150**|
|---|---|
Page 22
## **Y COLEG CYMRAEG CENEDLAETHOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **20. PENSION PROVISION**
**The Universities Superannuation Scheme (USS) deficit**
## **Obligation to fund deficit on USS pension**
|**Obligation to fund deficit on USS pension**||
|---|---|
|As 1 April 2023
Contributions paid
(Decrease)/increase in provision
Interest expense
At 31 March 2024|**2024**
£
1,154,678
(70,539)
(1,131,683)
47,544|
||**0**|
The obligation to fund the past deficit on the University's Superannuation Scheme (USS) arises from the contractual obligation with the pension scheme for total payments relating to benefits arising from past performance. Management has assessed future employees within the USS scheme and salary payment over the period of the contracted obligation in assessing the value of this provision based on conditions existing at that point in time.
The key assumptions applied at the end of the reporting period were as follows:
|The key assumptions applied at the end of the reportin|g period were as follows:||
|---|---|---|
||**2024**|2023|
||%|%|
|Salary growth|5.00%|5.00%|
|Discount rate|0.00%|5.49%|
The Universities Superannuation Scheme (USS) is the main scheme covering staff, which provides benefits based on final pensionable salary for Final Salary members (now closed to new entrants) and Career Revalued Benefits (CRB) for new entrants since 2011. The assets of the scheme are held in a separate fund administered by the trustee, Universities Superannuation Limited.
Because of the mutual nature of the scheme, the scheme's assets are not hypothecated to the Coleg and individual institutions and a scheme-wide contribution is set. The Coleg is therefore exposed to actuarial risks associated with other institutions' employees and is unable to identify its share of the underlying assets and liabilities of the scheme on a consistent and reasonable basis and therefore, as required by FRS102, accounts for the scheme as if it were a defined contribution scheme.
As a result, the amount charged to the income and expenditure account represents the contributions payable to the scheme in respect of the accounting period. However, under Charities SORP (FRS102), a liability is also recorded within provisions for any contractual commitment to fund past deficits within the USS
Page 23
**Y COLEG CYMRAEG CENEDLAETHOL**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **21. RELATED PARTY DISCLOSURES**
During the year, the following transactions were undertaken with related parties:
An amount of £3,675,641 (2023: £3,315,106) was paid to Higher Education Institutions in order to fund educational activities in those institutions. These institutions are guarantors of the Coleg as set out below
## **22. COMPANY LIMITED BY GUARANTEE**
The Coleg is a company limited by guarantee and accordingly does not have a share capital. The company guarantors are the following institutions:
Swansea University Aberystwyth University Bangor University Cardiff University University of Wales University of Wales Trinity Saint David University of South Wales Cardiff Metropolitian University Wrexham University Open University in Wales National Library of Wales Welsh Local Government Association Association of Schools for Welsh Language Education Parents for Welsh Language Education National Union of Students Wales Mudiad Meithrin Education and Health Improvement Wales
Each member's liability is limited to £10, namely the sum which each member undertakes to contribute to the Coleg's assets should it be wound up whilst they are a member or within a year of the end of their membership, in order to:
a) pay the Coleg's debts and liabilities which occurred whilst they were still a member, (b) pay the costs, charges and expenses of winding up, and
(c) adapt the rights of those contributors amongst each other.
Page 24