CRONFA ADDYSGOL EDUCATIONAL FUND (Sefydlwyd drwy Gyxllun y Comiiiwn FJpseDnau Meh¢fin 6ed 1979 x a addaswyd lonawr Iofed 1989 a hefyd Taehwedd 3ydd, 2014 a GorffeMMf 3ydd 2017)
11 RHtF COFRESTRU 525756
CYFRIFON AC ADRODDIAD BLYNYDDOL ANNUAL ACCOUNTS AVD REPOR T Am y cythod Hydref l af, 2020. hyd at Fedi 30ain. 2021 For theperiod October 1°, 2020 to September 3 , 2021
Dwyryd WRlliams B.Add / B.Ed Clercyr Ymddiriedolwyr / Clerk to the Tnutees
CRONFA ADDYSGOL DR DAMEL WILLIAMS EDUCATIONAL FUND YMDDIRIEDOLWYR I TRUSTEES 2020- 2021 ' Mr Getallt Wyn Hughe5 Ty'n y Coed, Arth0& I)olgel]aw GvryDedd Apwyntiwyd: 2(K)I LL39 IYS Y Cyughorydd MrnA.T. Lloyd lones Hendy. Tywyn. Gwynedd ApwyntiWY. IW) LL36 9RU 'Mr. Wyll M. Meredith Arwd. Dolgel]au. Gwynedd LUO IES Rh(ks Hely& Dol8elkni. Cwynedd RhfjffOD/Pholle no. 01341422 959 LL40 ISW tL40 2LS ApwyntiFyd: 2014 LL40 ITG Apwyntiwyd: Mis Hydref 2014 Haftsl y GwynL Pence&. Ihlgellau. Gwynedd Apwyntiwy(L. Mis Hydref 2014 LL40 2YP 35 Uwch y Maes Ikn]geUau. Gwyneddd ApWYntiw. Mis Hydref 2014 LL40 IGA Coleg Mwrion Dwyfor. FfoTdd Tyn y C(d. Dolgellau, Gwynedd Apwyntiwyd: Mis Mawrth, 2016 5 Nant Y Gader, Dolgellau. Gvrynedd Apwyrttiwyd: Mis Medi. 2017 LL40 2SW r WtheT King LIAO ILB A- Cyngor Gvrynedd l Gvrynedd Cmcil B- Cyngor Tref DOlgell l Dolgel]au Town c(11 C- Aelod Cyfetholeth81 Co-opted MemkT 'AT hyn o bryd yn aelLd o r 'Pwyllgor Ueol. (Misol) ETS 01.10-1 I: Dwyryd Wi]]iam5 Bryn Golaw Pellee DOlgeDa GWY]d IL40 2YP Rhif ffOn/ Phone . 01341423 494
SYLWADAifR CIERC Ar sawl ysryr bu 202¢>2021 yn flwyddyn debyg iawn i 2019-2020 yn hanes y Gronfa, hynny oherwydd parhad yr haillt COVID-19. Bu n rhaid parhau a'r dull o weithredu a roddwyd ar waith yn Ebrill 2020 pan ddiiynwyd yr arweiniad a gafvryd gan y Comigiwn Elusennau. sef YnysefyJl& bresellnol, gallfodjr 3nLxIdcTrDa1£rfarfdd wyllebyD wyneb.............a cb naILyfarfdddnYFll neugan ddethyddTo datrywdau knd0£ byddwDyn deauollddylecb goth(ktirpeDdefyiadhwn a ch we&gwneudhyT erm¥vyll a•rheolaetb dda och elu¥en- Fe gofiwch. wedi trafodaetb rhwng y Cadeirydd. yr Is-gadeirydd a'r Clerc penderfynwyd y gellid "CYTDa/cJrfOydddrYffon neu tryddethydL&o datrjwdau dwdol" gan weithredu fel a Bod y Clerc yn pardtoi Adroddiad rnisol o'r Sefyllfa ArianThol. o unrhyw ohebiaeth eyfftedinol &c o'r ceisiadau am gymorth ariaDnol ar ffurfgrynodedig. )d y Clerc yn cylch-ddosbartbu yr Adriyldiad Crynode(lig i aelodau'r Pwyllgor tleol (a'r Pwyllgor Cyffredinol ym misoedd G0rfferaf a Rhagfyr) rrwy gyfrwng e.byst i gael barn yr aelodau. Bod y drefn hon, os gwelir ei bod yn weithredol Iwyddiannus, ya parhau hyd nes y ceir SiCTwydd ei bod yn ddiogel i ddychwelyd i'r drefn arferol. Yn ystTrJ C0a yr Adroddiad, sef Hydref laf. 2020 hyd at Fedi 30ain 2021 dilynwyd y drefn uchod yn llwyddia]Jnus. Bu n rhaid cysylltu a Mr Wyn Meredith trwy gyfrwng galwadau ffon a daTanvyd copiau caled o'r ddogfennaeth iddo gan nad oes ganddo gysylltiad e-bosL Yn unoI a r drefn a sefydlwyd, cynhaliwyd holl gyfarfodydd y Pwyllgorau Lleol a Chyffredinol trwy ymgynghoriad ald01. YmgynghoThryd ag aelixlau'r Pwyllgor Lieol ar Daw achlysur ae a'r Pwyllgor Cyfftedinol ar ddau achlyS. Rhoddwyd sylw llwiwl i'r sefyllfa gyllidol gydol y flwyddyn er mwyn sicrhau Dad oedd yr arian a ddosbarthwyd yn Jllynd tu hwni i r swm a oedd gan y Gronfa yn y banc. Nid oedd angen amrywio'r graddfeydd ar gyfer rhannu cymorth yn 0a cyfnod yr Adroddiad ohenvydd roedd y sefyllfa gyllidol yn d(ligon iach. Mae'r llogau wedi dal eu tir yn rhyfeddol o dda. Yn YsE y flwyddyn ariannol 2020-2021 dosbarthwyd £40,613 (o i girynbaru a £45,850 VL 2019- 2020) a rhoddwyd cor[h i 157 ymgeisydd (o'i gyn)harn 3 236 yn 2019-2020). Roedd 29 allan o'r 157 ymgeisydd rhan o gals ar ran gnvp o ymgeissvyr e.e. ysgol neu goleg. Roedd yr incwm, sef y llogau ar y budd9)ddiadau ar gyfer 2020-2021. yn £59.567 (o'i gymharu a £58.166 y flyddyn ariannol fiaenorol). Gwariwyd cyfanswm 0 £4,697 ar welnyddu'r GronFd (o'i grmhanL a £5,882 y flwyddyn ariannol flaenorol). Rhaid ychwanegu ffi'r cyfrifj,dd. sef £690, gan wTheud cyfanwm 0 £5387(o i gyn)haru a £6.572 y flwyddyn ari3nnol fiaenorol). Felly. roedd ar8ed 0 £13.567 yn y tlyddyn 2020121 (o'i gymharu a gwdrged 0 £5.744 y flddyll fiaenoroL Gellir rhannu'r rhai a dderbyniodd gyjnorth o r Gronfa i gaEegonau (gweler is, yngbyd a'r niferoedd ym mbob categoril. Yn ddi-os. fe effeithiwyd ar y niferoedd o ymgeiswyr a'r gwarianr gan yr argYg Covid-19, gan i Difer helaeth o deithiau addysgol gael eu gohiiio neu eu eanslo. lithaid cofio fod swin 0 £3,432 wedi ei ymrvrymo i Ysgol Bro IdTiS, y swm i w dalu y]n mis lonawr wedi i r dairh sgio arfaethaedig ddigwydd. Tybir i'r argyfwng effeithio ar allu di5gyblion i dderbyn wersi offerynnovlleisiol hefyd. er roedd yna dystiolaeth fod nifer wedi gallu parhau i dderbyn hyfforddiaDt trwy gyfrwng llwffannau digidol megis Skype neu Zoojll.
In rnany respects. 2021F2021 was a very similar year to 2019-2020 in the Fund's history due to the continued effecrs of the COVID-19 pandemic. The approach implemented in April 2020 was continued and the guid2nce provided by the Clwity Commi&sion followed i.e. 'In the currenr attdzfsvu da7de toho]dmeeLiDgs over tbephone or &(raIshIU0 we ulldets buryousbou&lrecordtilts de¢ivoll aod thAryou have done rlusto dett[OnStr4tegx11u2O2eAtofOllrchaurf. You will recall that after a discussion berween the Chair. Vice Chair and Clerk it was decided that 'meetiDgs cottldbeheldovertbephoDe or us1DgibgztsljUtiOll$. acting as follows: The Clerk ro prepare a monthly rekK)rt regarding the fillanCi siruation, any general cOeSPOndence and requesrs for financial assistance. in precis fonn. The Clerk to circulate a Summary Repott to members of the tA)cal Committee (and GeneEal Committee in July and December) by e-mail in order to elicit the Tntees, views. That this procedure. if found to be operationally successful. continues until it is &%sured dut it is safe to revert to the usual procedure. During ttle Report period. 1st October. 2020 to September 30rh 2021 the above procedure was succe&sfully followed. Mr. Wyn Meredith had be coThracred via telephone calls and was provided with hard copy documentation as he does not have an e-ll11 connecuon. In accordance the esrablished procedure, all meetings OE the L4)cal and General Comrnirrees were held by digital consultation. Members of the Commiuee were consulted on nine occ&8ions and the General Committee on rwo occasions. Detailed attentioll was given to d]e financial position throughout the year to ensure thai the funds distributed did noi exceed the amount the Fund had in the bank. There was no need 10 vary the rates for disniburing support during the ReFX)rt period as the financial position ren]ained healihy. The interest rates held their ground re]narkably we]L During the financial year 2020-2021 £40.613 was disttibuted {cornpared to £45,850 in 2019-2020) and assistance was provided to 157 applicanrs (compared to 236 in 2019-2020). 29 out of the 157 applicanrs were pan of an applicarion on behalf of a group of applicants e.g. school or college. Income. Damely the irAterest on investments, for 2020-2021. stood at £59,567 (compared to £58.166 the previous financial year). A total of £4.697 was spent on the adMillall0 of the Fund (compared to £5.882 the previous financial year). The accountant's fee of £690 must be added. n)aking a totsl of £5,387 (compared to £6,572 the Previo financial year). Therefore. there was a surplus of £13.567 in the year 2020121 (compared with a surplus of £5,744 tbe Previous financial year). Those who received a&sisrance from the Fund can be didea into categories (see below, along with the nutnbers in each category). The llurnbe and expendinue were undoubtedly affected by the Covid-19 oisis as a large number of educational trips were postFKTrned or cancelled. It must be remembered that a sum of £3,432 has been committed to Ysgol Bro Idris. the stlln to be paid in january following tbe plauned skllThg trip. The crisis is also thougbt to have affected pupils, abi]iry to receive iTr8mmientaUvocal lessons, although there was eNudeDce that many were able to contioue receiving ruition through digir31 pla¢forn such as Skype or Z(M)m.
DADANSODDIAD O'R IYIFEROEDD A DDERBYNIODD GYMORTH, O RAN CATEGORIAU Yc Tec])IeS io 21 Teitbiau 157 io 21 29 157
DADANSODDIAD O'R CYMORTH A RODDWYD O RAN CATEGORIAU AN ANALYSIS OF THE SUPPORT PROVIDED IN TERMS OF CATEGORILS Offtrynnau wdd ADY Arnrywiol Chwaraeon Offer TG Ffioedd cyrstau Teiihiau addysgol DADANSODDIAD O'R GwAR1 I AN ANALYSIS OF THE EXPENDTfuRE Gwar8edlSun4us
Cyfansymiau a dd05barthd ar ffurf grantiau ers sefydlu'r Gronfa Totals distributed as grants since the Fund was established 1979180 1980181 198118? 198?183 198)184 1984185 1985186 1986187 1987188 1988189 1989190 1990191 1991192 199?193 1993194 1994195 1995196 1996197 1997198 1998199 1999100 ?oooioi 2001102 200?103 2003104 ?004105 2005106 2006107 ?007108 ?008109 ?009110 ?oio/i i ?oiiii? ?01?113 ?01)114 2014115 ?015116 ?016117 2017118 ?018/19 ?019/?0 ?0?0/21 £00,?86 £01,164 £07,763 £03.411 £09,380 £11,788 £06,801 £13.08? £20,988 £17 715 £15 ?62 £40,345 £3?,431 £16.936 £18 699 £35.832 £41,736 £?6,258 £34,476 £3? 500 £31,710 £37,916 £27,800 £?o.?00 £?7.800 £40.000 £3? 000 £39,000 £31,454 £41,841 £33.081 £61,457 £38.594 £58 992 £40.573 £44,713 £4? 189 £47 6?9 £51,950 £45.850 £40,613
Independent Examiner's Report to the Trustees of Dr. Daniel Williams, Educational Fund Charity no. 525756 I report to the trustees on my examination of the acwunts of the Dr. Daniel Williams, Educational Fund (the Fund) for the year ended 30 September 2021. Responsibilities and basis of report As the charity trustees of the Furrd you are responsible for the preparation of the accounts in accordan with the requirements of the Chartties Act 2011 {'the Act,). I report in respect of my examination of the Fund's accounts carrFed out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act Independent examinef s statement My examination was carried out in accordance with general Directions Commissioners. An examination includes a review of the accountin and a comparison of the accounts presented with those records. It a recor iven b the Charity any unusual Items or disclosures in the accounts. and seekin so includes consideration of concerning any such matters. The procedures undertaken explanations from you as trustees would be required In an audit and consequenti o not provide all the evidence that resent a true and fair view and the report is no opinion is given as to whether the accounts ow. imited to these matters set out in the statement Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect= 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act," or 2. the accounts do not accord wtlh those records. I have no COnrnS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr. P. Howood Griffith, Williams & Co., Chartered Accountants, 36 Stryd Fawr, Fknllheli, Gwynedd LL53 5RT Date.. 2511112021
DR. DANIEL WILLIAMS, EDUCATIONAL FUND Charity no. 525756 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30- SEPTEMBER 2021 2021 2020 Accumulatod Income Fund Income from Investment Charities Official Investment Funds- income units- dividend 50,611 49,163 Charishare Common Investment Fund- dividend 8,626 8,410 Charinco Common Investment Fund- interest 308 429 Charinco- BRIM interest 18 25 Balan in Rock Trust Contingency Fund 59.563 58,027 Interest on bank deposits Charities deposit account 139 139 59,567 58,166 Expendlture OFfice administration and clerk's salary Accountancy 4,697 690 5,882 690 (5,387) (6,572) ExsS of income over administrats'on expenses for the year 54,180 51,594 Less grants awarded (40.613) (45,8501 Dgficit of income over grants awarded and paid transferred to accumulated Income fund £ 13,567 £ 5,744
DR. DANIEL WILLIAMS, EDUCATIONAL FUND BALANCE SHEET AS AT 30- SEPTEMBER 2021 Charity no. 525756 2021 2020 Capital fund alan as at 30 September 1,202,866 1,202,866 Accumulated income fund st Balants as at 1 October Deficit of income over grants awarded and paid during the year 21.617 15,873 13.567 5,744 Balance as at 30 September 35,184 21,617 1.238.050 1,224,483 Represented In assets and liabilities as follows: Capital fund Investments per schedule Charities deposit account #1 Charities deposit account #2 HSBC Money manager HSBC Treasurer account 1,166,683 13,300 21,185 15 1.683 1,166,683 13,300 21,185 15 1.683 1.202,866 Accumulated income fund Cash at HSBC Bank.. TreasLSrer account Money Manager account 1,202,866 35.874 21,617 35,874 Liabllltles Accruals 21,617 690 1690) £1.238.050 £1,224,483 Reserves Policy.. The Trustees are of the opinion that the charity does not require a fonnal reserves policy due to the fact that they re1ve a detailed monthly report on the financial situation and that they adjust the rates of support distnbutions in light of those reports_ As a result, this ensures that the accumulated income part of the Fund never becomes fully depleted.
DR. DANIEL WILLIAMS, EDUCATIONAL FUND TH YEAR ENDED 30 SEPTEMBER 2021 Charity no. 525756 Schedule of investment and movements Capital fund Cost as Changes at during the 01.10.2020 year Cost as Market Market at value value 30.09.2021 30.09.2021 30.09.2020 Charfties Official Investment Fund 603224.74 Income unit5- Ethical Fund 1.089.062 1.089,062 1,786.088 1,603,372 Charishare Common Investment Fund 13760.276 Unrts- alc no.0000584&0001 22.608 1051 299.085 Units- ajc no. 0000584&0003 IB S Jones Prize Fundl 22.608 96.638 79.768 425 425 2,100 1,734 27794.021 Units- alc no. a000584)002 46.388 IAccumulation of Incomel 46.388 195.197 161,122 Charlnco Common Investrnent Fund 5142.617 Units- alc no. 0000SWOIJ01 7.662 7.662 1051 9,468 10,121 296.020 Uruls~ alc no. 0004571(k0002 538 538 545 583 £1,166,683 £1,166.683 £ 2,090,036 £1,856,700