CRONFA ADDYSGOL EDUCATIONAL FUND (Sefydlwyd dnvy GynlRun y Comisiwn ElusennaD M¢helln 6ed 1979 ac A addaswyd Ionawr Iofed 1989 a hefyd Tathwedd 3ydd, 2014 2 GorffeDDaf 3ydd 2017)
RHIF COFRESTRU 525756
CYFRIFON AC ADRODDIAD BLYNYDDOL ANNUAL ACCOUNTSAND REPORT Am y cyfi]od Hydref l af, 2022, hyd at Fedi 30ain, 2023 sl For the period October J , 2022 to September 3uh, 2023
Dwyryd Williams B.Add / B.Ed Clercyr Ymddiriedolwyr / Clerk to the Tnlstees
Ymddiriedo redol I Current Trnstees * Mr Gerallt Wyn Hughes M.Sc, ARILS, MRTPL DL. Ty'n y Arth [k)Igell Gwyllethl Apwiiwyd.. 21X>I LL39 IYS Y Cyngb(rydd MrsA.T. Lloyd Jones LL36 9RU Apwyntiwyd.. I) •Ms. Margaret RotrLS Garth Maelart. Dolgellaw Gwynedthl Apwyliwyd.. 2014 LL40 2LS Har y GwynL Pencefi4 Dolgell Apwyntiwyd: Mis Hydref 2014 35 lJwch y Maes Dolge112U ApWtswyd. Mis Hydref 2014 LL40 2YP Ms Elen Thomas LL40 IGA •Kirsty Wyn EdwaTds-Blockley Cynghorydd Dysgwyr/Studeni Advisor Coleg Meirion Dwyfor, Ffor(kl y C(d rknigellau, Gwyncikl Apwyntiwyd.. Mis Mwrt 2016 LIAO 2SW •Mr Waller King 5 Nani Y Gader. 1knl8el1a GwyDedd Apwyniiwyd: Mis Gortyennaf, 2017 LL40 11,B Mr John Ladwaladr Cefy<ll Ffordd Penttrf IkTrlgeIIa Gedd Apwylltiwyd: Mis Rhagfyr, 2021 LL40 2YP Miss Eliithth Cffiffiths Gwynf< 12 Uwch y DO]gella Gwynethl Aptswy. Mis Rhagfyr. 2021 LL40 IGA Mr&' Eleri I,ewis•Smith Lower sch)1 Hth. F[cd yr fkfyl8elJa Gwymedd Apwyniiwyd: Mis Rbagfyr. 2021 LL40 ILA Yn ehioli A- Cyngor Gwynedd B- Cyngor Tref Dolgellau C - Aelod Cyfetholedi8 *Aelodau'r Pwyllgor Lleol Clerc i'r Ymddiriedol Dwyryd Williams B.Ad Bryn Golaw Pencefy Dolgellaw Gwynedd, LL40 2YP Fron: 01341423 4594 Felly, ar hyn o bry4 y mae naw ymddiriedolwr ¢yfetholedig a dau enwebedi8, sef Mr John Cadwaladr yn cynrychioli Cyngor Tref Dolgellau a'r Cynghorydd Mrs Arme Lloyd Jones yn cynrychioli Cyn8or Gwynedd.
CANLLAWIAU Yn ystod y flwyddyn parhaodd yr Ymddiriedolwyr i ystyried ceisiadau am gymorth ariannol yn unol a'r rheolau a adolygwyd parthed defnyddio'r incwm fel y'u cynhwysir yng Nghynllun y Comisiwn Elusennau fel y'u diwygiwy4 sef: Bydd yr Ymddiriedolwyr yn defnyddio incwm y Gronfa i hyrwyddo addysg plant a phobl ifanc yn yr ystod oedran Blwyddyn Ysgol 5* hyd at 25 oed (ond nid yn cynnwys ymgeiswyr 25 oed). mewn un neu ragor o'r ffyrdd canlynol: (a) Trwy ddarparu cymorth ariannol, dillad, gwisgoediL offer, cyfarpar neu lyfrau er galluogi'r cyfyw bersonau wrtb iddynt adael Ysgol, Prifysgol neu sefydliad addysg arall i baratoi ar gyfer proffesiwn, crefft n¢u alwedigaeth: (b) Trnyy ddyfarnu ys8oloriaethau neu Iwfansau cynhaliaeth er galluogi'r cyfryw bersonau i deithio un ai yn y wlad hon neu dramor, er hyrwyddo eu haddysg. (¢) ddarparu ysgoloriaethau neu Iwfansau cynhaliaeth er gailuogi'r cyfyw bersonau i astudio c¢rddoriaeth neu gelfyddydau eraill, a (ch) mewn ffyrdd eraill i hyrwyddo addysg gan 8ynnwys hyfforddiant torfforol a chymdeithasol y cyfryw bersona 2. Gall yr Ymddiriedolwyr ddefnyddio incwm y Gronfa er hyrwyddo addysg rsonau nad ydynt wedi cyrraedd 25 mlwydd oed trwy ddyfarnu i'r cyfryw bersonau ysgoloriaethau i'w cynnal mewn unrhyw Ys801 Uwchradd Coleg Addys8, Prifysgol neu unrhyw sefydliad addysg arall lyn cynnwys technegol a phroffesiynol) a gymeradwyir gan yr Ymddiriedolwyr. 3. 0 fewn y cyfyn8iadau a ragnodir dan y Cynllun hw bydd pob hawl gan yr Ymddiriedolwyr i osod rheolau ar gyfer dyfarnu ysgoloriaethaw neu Iwfansau ¢ynhaliaeth neu fuddiannau eraill, yn cynnwys rheolau parthed gwerth a chyfnod y dyfarniad yn8hyd a'r cymwysterau a'r dulliau o ddewis a dethol buddiolwyr. 4. Wrth ddefnyddio incwm dan y Cymal hwn bydd yr Ymddiriedolwyr yn rhoi blaenoriaeth i: (a) Cyn-ddis8yblion o Ysgol Dr Williams neu i ddisgynyddion hyd at blant i blant y cyn-ddis8yblion hynny? (b) Personau sydd yn preswylio, neu sydd a rhiant neu rieni yn proswylio yng nghyn- ddosbarth Meirionnydd yn y drefn yna o flaenoriaeth. O gadw at y rheolau blaenoriaeth a osodwyd 7 lawr yn 1979 mae'r ymddiriedolwyr wedi sefydlu canllawiau parthed cymwysterau i dderbyn cymorth aTiannol gan dderbyn hefyd y bydd yn thaid adolygu yn rheolaidd utthyw ganllawiau o'r fath. * Y mae disyblionysgolyn cael mynediad i Flyddyn 5 ar ddechrau'r m&F Mediyn dilyn em pen-blmyddyn naw oed
SYLWADAifR CLERC Y dilyn cyfn(Ml y Covid roedd y tlwyddyn 2022.213 yn debycach. o ran nifer yr ye1$wYr a chyfanswm yr arian a dd(tsbarthwyd, i T btynyddoedd eyn y Covid. Rhoddwyd sylw manwl i'r sefyl]fa gyllidol gydol y flwyddyn er mwyn sicrhau nad oedd yr atian a daosbarthwyd yn mynd tu hwnt i r swm a oedd gan y Gronfa yn y banc. Gan fod y sefyllfa aiiannol yn iach, ychwanegwyd l(f% i knb cymhorthdal a rannwyd rhwng Gorffennaf 2022 a Bthagfyr 2022. Gan fod llai o arian wrth gefn erbyn mis lonawr 2023 penderfynvryd dychwelyd i'r grnddfeydd arferol. gan wneud i ffwrdd a'r l(IY6 yd)wanegoL Roedd cyfanswm yr arian a rannwyd ar ffurfgrantiau yn uwch yn y flwyddyn dan sylw nag mewn UDrhyw flwyddyn arall yn hanes y Gronfa. Roedd gallu'r ciere i fonitro'r incwm a'r gwariant tnvy gyfrwn8 y bancio ar-lein yn hwyluso ei waith sylweddol. Daliodd y llogau a ddaeth gan CCLA a BlaekRock eu tir yn rhyfeddol o dda eto eleni. Yn ystod y flwyddyn ariannol 2022-2023 dosbarthwyd £71,088 ar ffurfgraniiau (o'i gymharn a £55.015 yn 2021-2022) a rhoddwyd cynwrth i 412 yrngeisydd (o'i gymhaN a 270 yn 2021-2022). Roedd 231 allan o'r 412 ymgeisydd yn rhan 0 8ais ar rdn grP o ymgeiswyr e.e. ysgol neu goleg. Gwelwyd Cynnydd y nifer o ymgeiswyr eleni. yn benrf ohenvydd bod nifer y teithiau addysgol a drefnwyd gan ys801ion a cholegau trydyddol wedi wyddu yn di1 cythod y Covid. Roedd yr incwm. sef y llogau ar y buddsoddiadau. ar gyfer 2021-2022, yn £&3,612 (o'i gymhanj a £61,392 y flWYdd ariannol fiaenorol). Gwariwyd cyfanswm 0 £6.449 ar weinyddu r Gronfa (o'i 8ymharu a £7.475 y flwyddyn aTiannol fiaenorol. Roedd gwarged (surplus) 0 £14.615 y flwyddl 2022123 (o'i gymharu a gwarged o £1.788 y flwyddyn fiaenorol). Mae'r gwarged 8allu amrywio'n sylweddol o flwyddyn i flwyddyn yn dibynnu ar faint o arian a ddosbarthwyd y cyfnts Gorffennaf i Fedi a faint o sieeiau sydd heb eu batieio ar ddiwedd y flwyddyn ariannol. Y mae cost hanfodion megis amlenni. stampiaul papur ae inc ar gyfer yr argraffydd ayyb i gyd wedi codi'n sylweddol yn ystod yn y flwyddyn ddiwethaf. gan ychwaDegu at y 8OSt o weinyddu'r Gronfa- tybir y daw hyn yn fwy amlwg yn adrcddiad b1Yda0 2023.24. Rydym yn ffodus fod Gwasg Nereus (dan law Mr Dylan Nereus Jones) yn y Bala wedi eadw pris y ffurfienni cais yn rhesymol o isel yn ystod y cyfnod dan sylw. Braf lawn oedd cael croesawu Mrs Celia Waring o Ewmni CCLA i'r Cyfarfod y Pwyllgor Cyffredinol ym mis Gorffennaf. Hi rydd yn gyfnfol am ofalu am fiJddsoddia(lau'r Gronfa gyda CCLA. Roedd wedi paratoi adroddiad manwl ar ffurf llyfryn yn e8luro wt nue'n gofalu am y buddsoddiadau yn ein Cronfa Ethigol. Pwysleisiodd ei bod ar gael knb amser i ddarparu gwybodaeth ac arweiniad. Roedd yr Ymddiriedolwyr YD gytu-n fod ei hyTrweJiad wedi bod yn un buddiol lawn. Yn y8tod y flwyddyn ffarweliwyd ag un o'n hymdditiedolwyr. sef MI Rhian Edward4 Maes Angharad. Roedd Rhian wedi egluro ei knd yn dymuno ymddiswyddo am resymau peTxonoL Gellir rharLnu'r rhai a dderbyniodd gymorth gan y Gmnfa i gategorjau (8weler y graff ar y dudalen nesafj. ynghyd a'r niferoedd ym mbob categori
THE cRK's COmmETrs i¥ Following the Covid the year 2022.2013 was lllore similar. in teTllLS of the number of applicanL8 3))d the total amount of money disrributed, to the pre.Covid yeaTh. Detailed attention vns pid to the financial situation throu8hout the year to en8uTr that the money distributed did not exceed the amount the Flld had in the banL A8 the Fmancial Situation was healthy. l(Pkn was added to each grant distributed ikneen Juty 2022 and December 2022. As there money in reserve by lanuary 2023 it was decided to return to the norn rates. doing away with the additional l(Y16. The totsl amount of money disuibuted in the form of 8fauLS was greater in the year in question than in any other year in the Fund's history. The clerk's abiliry to monitor incon)e and expenditure through Online banknng facilitated his work significandy. The interest payments reeeived from CCLA and Blackknk held their groutsj SurpringlY well again this year. During the financial year 2022.2023 £71.088 was distributed in the fon)y of granfs (compared to £55.015 in 2021-2022) and supp)rt given to 412 applicants (compared to 270 in 2021-2022). 231 out of the 412 candidatu were part of an application on behalf of a group of candidate8 e.& a 8¢hool or college. There was an increase in the number of applicant8 this yW• mainly because the number of educauonal trips orgalled by xhoo]s and ternary college8 increased followin8 the Covid perio The income, which is the interest on the investtnent& for 2021-2022. was £63.612 (compared to £61.392 the Previo financial year). A total of Eh.449 was wt on the adMiritiOn of the Fund (compared to £7.475 the previous financial year). There was a surplus of £14.615 in the year 2022123 (compared to a surplus of £1.788 the previous year ).The surplwq can vary significantly from year to year depending on how much money ts distributed iti the Tuly to September period and how many cheques renlti unbanked at the end of the financial year. The cost of things such as envelopes, EKkS(age. paFr and ink for the printer etc. have all risen Si8nificandy during the past year, addin8 to the Cosr of administerin8 the Fund- this wijl. in all Ilkelihood. become more apparent in the 2023.24 annual reporL We are fOrnute th#r Gwa88 Nereu8 (under Mr Dy]an Nere jones) in Bala has kept the price of the appjication forn reasonably low during the period in questio It was very ple&8ing to be able to welcome Mrs Celia Waring from CCLA to the General Committee Meeting in July. She is resF¥)D8ible for lookmg after the Fund's inVestnllts with c. She had prepared a detailed repTh in tlke forni of a bklet expjaining how she Iwks after the investmenrs ID our Ethical Fund. She emphasized that she was always available to provide inforniation and guidance. The Tnwees agreed that her visit had been very beneficial. Durin8 the year we bade farewell to one of our tn]stees, Miss Rhian FAward& Maes Angharad. Rhian had explained thai the wisbed to resign for personal reason& Those who received a grant from the Fund can be divided into (3re8ories (see the 8raph on the next page). with the num1$ in each category.
DADANSODDIAD O'R CYMORTH A RODDWYD O RAN CATEGORIAU AN ANALYSIS OF THE SUPPORT PROVIDED IN TERMS OF CATEGOIUES Nlfer yr ymgeiswyr Ilwyddiannus ym mhob categori Teithio Ych 18 26 91 Teithiau add 169 412 The number of successful Applkants in eb category 18 91 169
DADANSODDIAD O'R CYMORTH A RODDWYD O RAN CATEGORXAU AN ANALYSIS OF THE SUPPORT PROVIDED tN TERMS OF CATEGORIES AJnrywiol ADY Taiihio Offeryn cerdd Cerddoria•th Chwaraeon Telthl•u addy$801 DADANSODDIAD O'R GWARIANT I AN ANALYSIS OF THE EXPENDITURE Gwelnyddu Cyfvlfydd G*T Grantiau
Cyfansymiau a ddosbarthjvyd ar ffurf grantiau ers sefydlu'r Gronfa Totals distributed as grants since the Fund was established 1979180 1980181 1981182 1982183 1983184 1984185 1985186 1986187 1987188 1988189 1989190 1990191 1991192 1992193 1993194 1994195 1995196 1996197 1997198 1998199 1999100 2)/01 2(K11102 2002103 2003104 2004105 2005106 2006107 2007108 2008109 2009110 2010111 2011112 2012113 2013114 2014115 2015116 2016117 2017118 2018119 2019120 2020121 2021122 2022123 £00 ?86 £01,164 £07.763 £03.411 £09.380 £11.788 £06.801 £13.082 £20.988 £17.715 £15.262 £33 ?57 £40,345 £32,431 £16,936 £18.699 £35.832 £41,736 £26.258 £34.476 £32.500 £31.710 £37,916 £27.800 £20.?00 £27.800 £40.000 £32.000 £39.000 £31.454 £41.841 £33.081 £61.457 £38.594 £58.992 £40.573 £44.713 £42.189 £47,629 £51,950 £45,850 £40,613 £55.015 £71,088
Independent Examlnerfs Report to the Trustees of Dr. Daniel Williams. EdutIonal Fund Charity no. 525756 I report to the trustees on my examination of the accounts of the Dr. Daniel Williams, Educational Fund (the Fund) for the year ended 30th September 2023. Responsiblllties and basis of report As the chanty trustees of the Fund you are responsible for the preparab.on of the accounts in accordance with the requirements of the Charibes Act 2011 ('the Act,). I report in respect of my examination of the Fund's accounts carried out under seth'on 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 Indèpendent examlnerfs Statemènt My examination was carried out in accordance with Commissioners. An examination includes a review of t eneral Direth'ons e accountin iven b the Charity and a comparison of the accounts presented with those records. It a reco any unusual items or disclosures In the accounts, and seekin so includes consideration of concerning any such matters. The procedures undertaken g explanations from you as trustees would be required In an audrt and consequently no o o not provide all the evidence that present a true and fair view and the report Is limited to tRinion Is given as to whether the accounts ese matters set out in the statement below. Independent examlnarf$ statement I have completed my examination. I confim) 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 rec¥Jrds were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records. I have no concems 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 understsnding of the accounts to be reached. Mr. P. Horwood Grffith. Williams & Co., Chartered Accountants. 36 Stryd Fawr, Pwllheli. Gwynedd LL53 5RT Date. 1511112023
DR. DANIEL WILLIAMS. EDUCATIONAL FUND Charity no. 525756 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30TH SEPTEMBER 2023 2023 2022 Accumulated Income Fund Income from Investmont Charrties Official Investrnent Funds- income units- dividend 51,938 51,153 Charishare Common Investrnent Fund- dividend 10,128 9,756 Charinco Common Investment Fund- interest 309 Charinco- BRIM interest 18 18 62,393 61,236 Interest on bank deposlts Charities deposit account 1,219 1.219 156 63.612 61,392 Expendlture Office administration and clerk's salary Accountancy 6,449 690 7.475 690 (7.139) (8,165) Excess of income over administrakn'on expenses for the year 56,473 53.227 Less grants awarded {71,088) (55,015) Deficit of income over grants awarded and pald transferred to accumulated Income fund £ {14,615) £ (1.788)
DR. DANIEL WILLIAMS. EDUCATIONAL FUND BALANCE SHEET AS AT 30TH SEPTEMBER 2023 Charlty no. 525756 2023 2022 Capltal fund Balan as at 301h September 1.202.866 1,202,866 Accumulated Income fund Balance as at 1 St October Deficit of income over grants awarded and paid during the year 33.396 35.184 (14,615) {1,788) Balance as at 301h September 18,781 33,396 1,221,647 1,236,262 Represented In &ets and Ilabllltles as follows: Capltal fvnd 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 1.683 1,202,866 Accumulatad Income fund Cash at HSBC Bank.. Treasurer account 1,202,866 18.781 33.396 18,781 33,396 £1.221.647 £1,236.262 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 distnbuts'ons 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 YEAR ENDED 30TH SEPTEMBER 2023 Charity no. 525756 Schedule of investment and movements Capltal fund Cost as Changes Cost as durlng the 01.10.2022 year Market Market value value 30.09.2023 30.09.2023 30.09.2022 Charltles Officlal Investmont Fund 603224.74 Inwme units- Ethicd Fund 1.089,062 1,089.C62 1.684,686 1,662,668 Charishare Common Invtment Fund 13760.276 UnltS- alc no.0000584&0001 22.608 [051 299.085 Units- alc no. 000050]3 IB S JCKWJ Pnze Fundl 22,608 98.539 86,986 425 425 2.142 1,891 27794.021 Units- alc no 0000584PA1002 46.388 IAe¢umul8tion of In¢omel 46,388 199,035 175.700 Charlnco Common Investment Fund 5142.617 Unrts- alc no. OOIJ058rYjo1 1051 296.020 Units- ajc rK1. 00045710002 7,662 7.662 7.199 7,307 538 538 414 421 £1,166.683 £1,166,683 £ 1.992,015 £1.934,973