2024-12-31-accounts

The Charity Registration Number is :- 525766

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Report and Unaudited Accounts

31 December 2024

Cross & Bowen Chartered Certified Accountants Riverside House Normandy Road Swansea SA1 2JA

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Report and accounts for the year ended 31 December 2024

Contents

	Page
Charity information		1
Trustees' Annual Report		1
Statement of trustees' responsibilities		5
Chartered Accountants' report		7
Funds Statements:-
Statement of Financial Activities		8
Statement of Financial Activities - Prior Year statement		9
Statement of total recognised gains and losses		10
Movements in funds		11
Revenue Funds		11
Summary of funds		11
Income and Expenditure account		12
Balance sheet		13
Notes to the accounts		14

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Trustees' Annual Report for the year ended 31 December 2024

The Trustees present their Report and Accounts for the year ended 31 December 2024.

Reference and administrative details

The charity name.

The legal name of the charity is:- Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

The charity is also known by its operating name, Sunday School Council for Wales

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 525766

Legal structure of the charity

The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW) .

The Governing Document is dated 14 January 1966

The trustees are all individuals.

The principal operating address, telephone number, email and web addresses of the charity are:-

Ael-y-Bryn

Chwilog, Pwllheli Gwynedd, LL53 6SH

Telephone [phone] Email Address [e-mail] Web address www.ysgolsul.com

The Trustees in office on the date the report was approved were:-

Revd. Trystan Owain Hughes Revd. Jennifer Anne Hurd Revd. Judith Anne Morris Revd. Dyfrig Rees Mr. Rheinallt Armon Thomas

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Trustees' Annual Report for the year ended 31 December 2024

The following persons served as Trustees during the year ended 31 December 2024 :-

The trustees who served as a trustee in the reporting period, and, if applicable, their dates of appointment or resignation during the year were:-.

----- Start of picture text -----
|||| |---|---|---| |Name|Appointed|Resigned/Retired| |Revd. Dyfrig Rees| |Mr. Rheinallt Armon Thomas| |Revd. Jennifer Anne Hurd| |Revd. Judith Anne Morris| |Revd. Trystan Owain Hughes|

----- End of picture text -----

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

The charity is governed by a Declaration of Trust.

The object of the charity is the furtherance of Christian Education in Wales through the promotion of Sunday Schools and the sale of complementary religious books.

Public benefit that is provided by the charity

The charity provides benefit to the public by the furtherance of Christian Education in Wales through the promotion of Sunday Schools and the sale of complementary religious books.

The main activities undertaken in relation to those purposes during the year.

The contribution of volunteers

The Council relies heavily on volunteer committee members who contribute both general knowledge of church life and specialist expertise. The Council values highly the contribution of the volunteer committee members without which it could not operate.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Trustees' Annual Report for the year ended 31 December 2024

The main achievements and performance of the charity during the year.

It is a pleasure to bring this report to your attention, which summarizes the main activity of the Welsh Sunday School Council and it’s publications imprint Cyhoeddiadau’r Gair during 2024. This was a year where there was an opportunity to encourage and support the re-establishment or establishment of new children’s work in communities all across Wales. Thankyou for each opportunity that comes our way - from churches, and also for invitations to attend national denominational gatherings. Back in 2019 we created a 5 year strategy plan for 2019-2024, with the emphasis on increasing our digital work / websites, while reducing our print publishing work. Over a period of 5 years we now have 5 websites full of information and practical resources, not to mention channels on Facebook, TikTok, X and Instagram. A Christian TV channel was also created on YouTube, bringing together the thousands of Welsh Christian videos that can be seen on the internet. While the focus of the last 5 years has been on developing our presence on the web, and more ‘digital’ resources, the focus for the next two years - 2025/6 - will be on reaching out missionally, specifically around the work of Christianity in schools, by developing Christian resources for supporting the work of schools and also helping churches to reach out to their local schools. We have received an endowment of money from the Welsh Religious Education Movement charity, and this will be spent over the next 2 years to realize these objectives. The main resource will be the production of 2 original illustrated books in Welsh, one focusing on the history of the development of the Christian faith in Wales, and the other illustrating the history of the Celtic Saints. We also hope to translate them into English. We will also help churches with guidelines on how to create links with their local schools. There are by now a wide range of Welsh language resources available for almost every occasion - for Sunday Schools (at least 8 different series of textbooks), children’s and youth clubs, Messy Church, Godly Play, Roots worship material and resources for assemblies in schools. The challenge ahead of us now is to encourage and inspire people locally to use these resources, working together within areas - and interdenominationally where that is practical. It will be good to be able to collaborate with denominations and other Christian organizations to make this happen, in a time where the average age of our church congregations is rising.

Investment performance against the investment objectives.

In the financial review section of this report there is a description of the investment policies and objectives established by the trustees and the extent to which social environmental or ethical considerations are taken into account.

The investment performance achieved against the objectives set was satisfactory

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

New trustees are recruited and appointed from among those identified by the denominational partners.

The policies and procedures for the induction and training of trustees.

There are no formal induction and training processes in place at present. New trustees are initiated through serving and gaining experience; however, trustees are aware of their responsibilities and accountability.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Trustees' Annual Report for the year ended 31 December 2024

The organisational structure of the charity and how decisions are made.

Overall control of the charity is exercised by the Council meeting annually. Implementation of the policies adopted by the Council is carried out by the executive committee meeting three times each year. Interim decision making is carried out by the officers and panel members, and day to day management is delegated to the employed Director.

The Director and other senior management personnel to whom day to day management is delegated

Revd. D Aled Davies

The charity's relationships with other groups, charities and individuals

The denominational partners are the Presbyterian Church of Wales, Undeb yr Annibynwyr Cymraeg, the Methodist Church in Wales, the Baptist Union of Wales and the Church in Wales. The charity is affiliated to Cytun (Churches Together in Wales) and through this affiliation relates to all the member denominations working in Wales. The charity is also a member of the Consultative Group for Ministry among Children, the children's work department of Churches Together in Britain and Ireland, connecting all children's workers among UK Christians. In addition, the charity is a member of the European Conference for Christian Education, where Sunday School work leaders of all Europe meet to discuss their work. Within Wales, the charity is represented on the fellow-man and Christ committee of Urdd Gobaith Cymru, Wales' national youth organisation.

Bankers Independent Examiner	HSBC Bank PLC, 274 Y Stryd Fawr, Bangor, Gwynedd LL57 1RU Cross & Bowen Chartered Certified Accountants, Riverside House, Normandy Road, Swansea SA1 2JA	HSBC Bank PLC, 274 Y Stryd Fawr, Bangor, Gwynedd LL57 1RU Cross & Bowen Chartered Certified Accountants, Riverside House, Normandy Road, Swansea SA1 2JA
Financial review
The charity's financial position at the end of the year ended 31 December 2024
The financial position of the charity at 31 December 2024 and comparatives for the prior period, as more
fully detailed in the accounts, can be summarised as follows:-
	2024	2023
	£	£
Net income/(expenditure)	35,261	(9,726)
Unrestricted Revenue Funds purposes of the charity	321,379 available for the general	287,143
Restricted Revenue Funds	1,025	-
Total Funds	322,404	287,143

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Trustees' Annual Report for the year ended 31 December 2024

Financial review of the position at the reporting date, 31 December 2024 .

The trustees consider the financial performance by the charity during the year to have been satisfactory, taking into consideration the prevalent circumstances (see below).

Policies on reserves.

The charity requires to retain reserves to cover expenditure for two years of operation, and to meet the financial requirements of the seasonal publishing cycle.

Availability and adequacy of assets

The board of trustees is satisfied that the charity's assets are available and adequate to fulfil its obligations.

Significant events which have affected the financial performance and the financial position.

In recent years our publishing work has reduced drastically, with book sales receding due to more online and digital resources available for free to download. The number of Sunday Schools have reduced drastically since Covid, so this in turn has led to less demand for our curriculum based resources. Church congregations have also dwindled, with fewer people to buy our books. We have also seen reduced grants being awarded from the Welsh Books Council, as they are now supporting far fewer publications, and with a renewed emphasis on titles that are inclusive of all creeds and beliefs. We have responded to this by commissioning fewer books and keeping our print runs shorter.

Investment policy and investment objectives.

In the financial review section of this report there is a description of the investment policies and objectives established by the trustees and the extent to which social environmental or ethical considerations are taken into account.

The investment performance achieved against the objectives set was satisfactory.

Risks and uncertainties facing the charity.

The trustees identify the major risks to which the charity is exposed each financial year when preparing and updating a strategic plan, in particular those related to the operations and finances of the charity. The trustees then review any major risks which have been identified, and establish systems to mitigate those risks. The charity is satisfied that the systems are in place to mitigate their exposure to the major risks which have been so identified and reviewed.

Principal funding sources in the year and how these support the key objectives of the charity.

The Council's main funding during the year has been from denominational grants, and from the Education Sunday Appeal to churches and individuals, and has also been derived from sale of charity Christmas cards and popular books. The expenditure on staff, on travelling expenses, on publishing and on financial administration has been paid for from this income.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Trustees' Annual Report for the year ended 31 December 2024

Statement of Trustees's Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) .

In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-

• to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

• select suitable accounting policies and apply them consistently;

• make judgements and estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate

• to presume that the charity will continue in business;

• state whether applicable accounting standards and statements of

• recommended practice have been followed, subject to any material

• departures disclosed and explained in the financial statements;

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 16 June 2025.

Mr. Rheinallt A Thomas

Trustee

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Independent examiner’s report to the Trustees of Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

I report on the accounts of the Trust for the year ended 31st December 2024, which are set out on pages 8 to 26.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

• . examine the accounts under section 145 of the 2011 Act;

• . to follow the procedures laid down in the General Directions given by the Charity Commission under

• ___section 145(5)(b) of the 2011 Act; and

• . to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

• 1 which gives me reasonable cause to believe that, in any material respect, the requirements:

. to keep accounting records in accordance with section 130 of the 2011 Act; and

. to prepare accounts which accord with the accounting records and to comply with the accounting ____requirements of the 2011 Act have not been met;

or

• 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the ___accounts to be reached.

Nicholas Davies Cross & Bowen Chartered Certified Accountants Riverside House Normandy Road Swansea SA1 2JA

10 July 2025

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru - Statement of Financial Activities for the year ended 31 December 2024

Statement of Financial Activities for the year ended 31 December 2024

Current year Unrestricted Funds 2024 £ Income & Endowments from: Donations & Legacies A1 109,200 Other trading activities A3 34,665 Investments A4 9,787 Total income A 153,652 Expenditure on: Charitable activities B2 120,819 Total expenditure B 120,819 Net gains/(losses) on investments B4 1,403 Net income/(expenditure) for the year 34,236 A-B-C 34,236 34,236 Reconciliation of funds:- E Total funds brought forward 287,143 Total funds carried forward 321,379 SORP Ref Net movement in funds Net (expenditure)/income after transfers	Current year Restricted Funds 2024 £ 1,025 - - 1,025 - - - 1,025 1,025 1,025 - 1,025	Current year Total Funds 2024 £ 110,225 34,665 9,787 154,677 120,819 120,819 1,403 35,261 35,261 35,261 287,143 322,404	Prior Year Total Funds 2023 £ 70,492 23,400 7,831 101,723 111,775 111,775 326 (9,726) (9,726) (9,726) 296,869 287,143

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A Statement of Total Recognised Gains and Losses is included as a primary statement in these accounts.

All the prior year transactions were unrestricted items, and no further analysis is required

All activities derive from continuing operations

The notes attached on pages 14 to 26 form an integral part of these accounts.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru - Statement of Financial Activities for the year ended 31 December 2024

Income & Endowments from: Donations & Legacies A1 Charitable activities A2 Other trading activities A3 Investments A4 Total income A Expenditure on: Raising funds B1 Charitable activities B2 Total expenditure B B4 Net expenditure for the year Transfers between funds C Net income after transfers Other recognised gains/(losses) Reconciliation of funds:- E Total funds brought forward Total funds carried forward SORP Ref Net gains/(losses) on investments Net movement in funds	Prior Year Unrestricted Funds 2023 £ 70,492 - 23,400 7,831 101,723 - 111,775 111,775 326 (10,052) - (9,726) - (9,726) 279,822 270,096	Prior Year Restricted Funds 2023 £ - - - - - - - - - - - - - - -	Prior Year Total Funds 2023 £ 70,492 - 23,400 7,831 101,723 - 111,775 111,775 326 (10,052) - (9,726) - (9,726) 296,869 287,143

All activities derive from continuing operations

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru - Statement of Financial Activities for the year ended 31 December 2024

Statement of Total Recognised Gains and Losses for the year ended 31 December 2024

----- Start of picture text -----
2024 2023
£ £
Surplus/(deficit) for the year :-
Net excess of income over expenditure from operations before tax 33,858 (10,052)
Income from operations before tax in the Statement of Financial Activites 33,858 (10,052)
-
Realised losses on the disposal of investments (1,972)
Surplus/(deficit) as shown in the Income and Expenditure account 33,858 (12,024)
Add/(deduct) non income and expenditure items:-
Unealised gains on investments 1,403 2,298
Net Movement in funds before taxation 35,261 (9,726)
Funds generated in the year as shown on Statement of Financial Activities 35,261 (9,726)
The notes attached on pages 14 to 26 form an integral part of these accounts.
----- End of picture text -----

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru - Resources applied in the year ended 31 December 2024 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA Net resources available to fund charitable activities	2024 £ 35,261 35,261	2023 £ (9,726) (9,726)

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

The notes attached on pages 14 to 26 form an integral part of these accounts.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru - Statement of Financial Activities for the year ended 31 December 2024

Movements in revenue and capital funds for the year ended 31 December 2024

Revenue accumulated funds

Unrestricted Restricted Funds Funds 2024 2024 £ £ Accumulated funds brought forward 287,143 - 34,236 1,025 321,379 1,025 Closing revenue funds 321,379 1,025 Designated revenue funds included within the unrestricted funds above At 1 January Transfer (to)/from revenue accumulated funds At 31 December Revaluation Reserve Fund Unrestricted Restricted Funds Funds 2024 2024 £ £ At 1 January - - At 31 December - - Summary of funds Unrestricted Restricted and Funds Designated funds 2024 2024 £ £ Revenue accumulated funds 321,379 1,025 Recognised gains and losses before transfers	Total Funds 2024 £ 287,143 35,261 322,404 322,404 Total Funds 2024 £ - - - Total Funds 2024 £ - - Total Funds 2024 £ 322,404	Last year Total Funds 2023 £ 296,869 (9,726) 287,143 287,143 Last year Total Funds 2023 £ 17,047 (17,047) - Last year Total Funds 2023 £ - - Last Year Total Funds 2023 £ 287,143

The notes attached on pages 14 to 26 form an integral part of these accounts.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru - Statement of Financial Activities for the year ended 31 December 2024

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Income and Expenditure Account for the year ended 31 December 2023

Income Income from operations Income from investments, other than interest receivable Interest receivable Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Governance costs Realised losses on the disposal of investments Realised losses on disposals of social investments which are programme related Total expenditure in the year Tax on surplus on ordinary activities Retained surplus for the financial year All activities derive from continuing operations Net income after tax in the financial year Net income before tax in the financial year Investment income	2024 £ 144,890 7,028 2,759 154,677 154,677 118,419 2,400 - - 120,819 33,858 - 33,858 33,858	2023 £ 93,892 1,606 6,225 101,723 101,723 109,435 2,340 1,972 - 113,747 (12,024) - (12,024) (12,024)

The notes attached on pages 14 to 26 form an integral part of these accounts.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru - Balance Sheet as at 31 December 2024

Note SORP Ref 2024 £ Fixed assets A Tangible assets 10 A2 31 Investments held as fixed assets 11 A4 97,263 Total fixed assets 97,294 Current assets B Stocks B1 27,818 Cash at bank and in hand B4 199,693 Total current assets 227,511 Creditors: amounts falling due within one year 13 C1 (2,401) Net current assets 225,110 The total net assets of the charity 322,404 Restricted Revenue Funds 16 D2 1,025 Unrestricted Funds Unrestricted Revenue Funds 16 D3 321,379 Total charity funds 322,404 The total net assets of the charity are funded by the funds of the charity, as follows:-

2023 £ 31 45,860 45,891 18,741 224,852 243,593 (2,341) 241,252 287,143 - 287,143 287,143

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 7.

TheThe Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Mr. Rheinallt A Thomas

Trustee

Approved by the board of trustees on 16 June 2025

The notes attached on pages 14 to 26 form an integral part of these accounts.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) ,effective January 2016, (The SORP), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Risks and future assumptions

The accounts have been prepared on a going concern basis and the Trustees that there are no key assumptions concerning the future, and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Policies relating to categories of income and income recognition.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Income from legacies

Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.

Where a payment is received from an estate or is notified as receivable by the executors after the reporting date and before the accounts are authorised for issue but it is clear that the payment had been agreed by the executors prior to the end of the reporting period, then the amount concerned is treated as an adjusting event and accrued as income in the accounting period if receipt is probable.

Where the charity has established entitlement to a legacy but there is uncertainty as to the amount of the payment, details of the legacy aredisclosed as a contingent asset until the criteria for income recognition are met. Where a legacy is subject to the interest of a life tenant, the legacy is not recognised as income until the death of the life tenant.

If it is doubtful that full settlement of a legacy debtor will be received, then an adjustment is made to reduce the amount of the legacy debtor and legacy income rather than charging the adjustment as expenditure in the Statement of Financial Activities

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

Membership subscriptions

The income and any associated Gift Aid or other tax refund from a membership subscription received by the charity in the nature of a gift, is accounted for on the same basis as a donation.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity.

Allocation of costs within types of resources expended

The charity's operating costs include staff costs and other related costs. Such costs are allocated between types of resources expended and between charitable expenditure and management and administration on the basis of estimates made by the directors.

Administration expenditure includes all expenditure not directly related to charitable activity. In respect of certain items of expenditure it is a matter of judgement as to whether such items are direct charitable expenditure, or are administrative, and the directors have applied what they consider to be reasonable judgements in appportioning such costs.

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

Policies relating to assets, liabilities and provisions and other matters.

Fixed Asset Investments

Fixed asset investments in quoted shares, traded bonds, investment properties and similar investments are shown initially at cost upon acquisition and at their market value at the balance sheet date at the end of the financial period. Investment properties are not depreciated.

Fixed asset investments in unlisted equities are shown at the balance sheet date at the best estimate of their market value, where practicable. Where valuation techniques are considered unreliable or where, in the opinion of the trustees, the costs outweigh the benefits to the users of the accounts, the investment is included at cost, and a review is undertaken at each year end as to whether the asset should be written down.

All gains on fixed asset investments, whether realised or unrealised, are included in row B4 of the Statement of Financial Activities.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Plant and machinery

33.33 % straight line

When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unrestricted funds to a designated fixed asset fund.

Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation.

As the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any.

The effect of this policy is that the aggregate of all fixed asset funds shall equate to the net book value of fixed assets.

In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets.

Stocks and work in progress

Stock is valued at the lower of cost and net realisable value.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

Pensions - defined contribution schemes

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is only partially recoverable by the charity, and the cost of such VAT that is irrecoverable is included in the Statement of Financial Activities.

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Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Net surplus before tax in the financial year

Pension costs 5 Investment gains Current year Unrestricted Funds 2024 £ Realised gains/(losses) Listed investments - Total realised gains/(losses) - Unrealised gains /(losses) and writing down of carrying values Listed investments - Unrealised 1,403 Total unrealised gains/(losses) etc 1,403 Total realised and unrealised gains 1,403 6 Staff costs and emoluments Salary costs Gross Salaries excluding trustees and key management personnel Employer's National Insurance for all staff Total salaries, wages and related costs The net surplus before tax in the financial year is stated after charging:- Employer's operating costs of defined contribution pension schemes	Current year Restricted Funds 2024 £ - - - - -	2024 £ 3,281 Current year Total Funds 2024 £ - - 1,403 1,403 1,403 2024 £ 55,606 4,661 3,281 63,548	2023 £ 2,031 Prior Year Total Funds 2023 £ (1,972) (1,972) 2,298 2,298 326 2023 £ 57,532 4,550 2,031 64,113

Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.

17

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

7 Defined contribution pension schemes

The charity operates a defined contribution pension scheme, the costs of which are shown above.

8 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

9 Trustees' expenses

No trustee expenses were incurred, either in the current or prior year.

10 Tangible fixed assets

Cost At 1 January 2024 At 31 December 2024 Depreciation At 1 January 2024 At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023	Plant & Machinery £ 23,170 23,170 23,139 23,139 31 31	Total £ 23,170 23,170 23,139 23,139 31 31

18

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

11 Investments held as fixed assets

Carrying values of investments At 1 January 2024 Additions Revaluation at 31 December 2024 At 31 December 2024 Analysis between fair value and historical cost Investments as above held at fair value Analysis of Other Investments Cash or cash equivalents At 1 January 2024 Movements in the year At 31 December 2024 12 Stocks & Work in Progress Stocks before write downs Analysis of the carrying value of stocks by activities Activity Other activities	Listed investments £ 45,860 50,000 1,403 97,263 97,263	Other Investments Total £ £ - 45,860 - 50,000 - 1,403 - 97,263 - 97,263 Included at fair value Total £ £ 117,334 117,334 (7,606) (7,606) 109,728 109,728 2024 2023 £ £ 27,818 18,741 27,818 18,741 2024 2023 £ £ 27,818 18,741 27,818 18,741 Stocks

19

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

13 Creditors: amounts falling due within one year Accruals 14 Income and Expenditure account summary At 1 January 2024 Surplus/(loss) after tax for the year At 31 December 2024 15 Particulars of how particular funds are represented by assets and liabilities At 31 December 2024 Unrestricted Designated funds funds £ £ Tangible Fixed Assets 31 - Investments at valuation:- Fixed asset investments 97,263 - Current Assets 226,486 - Current Liabilities (2,401) - 321,379 - At 1 January 2024 Unrestricted Designated funds funds £ £ Tangible Fixed Assets 31 - Investments at valuation:- Fixed asset investments 45,860 - Current Assets 243,593 - Current Liabilities (2,341) - 287,143 -	2024 £ 2,401 2024 £ 284,845 33,858 318,703 Restricted funds £ - - 1,025 - 1,025 Restricted funds £ - - - - -	2023 £ 2,341 2023 £ 296,869 (12,024) 284,845 Total Funds £ 31 97,263 227,511 (2,401) 322,404 Total Funds £ 31 45,860 243,593 (2,341) 287,143

20

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Notes to the Accounts for the year ended 31 December 2024

16 Change in total funds over the year as shown in Note 15 , analysed by individual funds

Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds Restricted funds:- Elizabeth James Fund Total restricted funds Total charity funds	£ 287,143 287,143 - 287,143 Funds brought forward from 2023	See Note 17 £ 34,236 34,236 1,025 1,025 35,261 Movement in funds in 2024	£ - - - - - Transfers between funds in 2024	£ 321,379 321,379 1,025 1,025 322,404 Funds carried forward to 2025

17 Analysis of movements in funds over the year as shown in Note 16

Unrestricted and designated funds:- Unrestricted Revenue Funds Restricted funds:- Elizabeth James Fund	Income 2024 £ 153,652 1,025 154,677	Expenditure 2024 £ (120,819) - (120,819)	Other Gains & Losses 2024 £ 1,403 - 1,403	Movement in funds 2024 £ 34,236 1,025 35,261

18 The purposes for which the funds as detailed in note 16 are held by the charity are:-

Unrestricted and designated funds:-

Cyngor Ysgolion Sul represents the accumulated fund which the Trustees are free to use in accordance with the charitable objects.

Restricted funds:

The Elizabeth James Fund

This fund will contribute to the cost of producing a new bible in colour in memory of Elizabeth James who translated a number of bibles over a period of 40 years.

21

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

19 Donations and Legacies

Donations and gifts from individuals Revenue grants and donations from national Total Donations and Legacies A1 Membership subscriptions as donations Cyngor Llyfrau Adran Chwiorydd Mudiad Addysg Grefyddol Cymru Total private sector revenue grants Legacies and gifts received Total donations and gifts from individuals	Current year Current year Unrestricted Funds Restricted Funds 2024 2024 £ £ 2,595 1,025 2,595 1,025 and non public bodies 9,715 - 37,070 - 820 - 47,605 - 59,000 - 109,200 1,025	Current year Total Funds 2024 £ 3,620 3,620 9,715 37,070 820 47,605 59,000 110,225	Prior Year Total Funds 2023 £ 1,100 1,100 22,052 - 3,340 25,392 44,000 70,492

20 Income from other, non charitable, trading activities

Total from other activities A3 Sale of bought in goods	2024 Current year Unrestricted Funds 2024 £ 34,665 34,665	2024 Current year Restricted Funds 2024 £ - -	2024 Current year Total Funds 2024 £ 34,665 34,665	2023 Prior Year Total Funds 2023 £ 23,400 23,400

22

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

21 Investment income

Dividend Income Bank Interest Receivable Total investment income A4	Current year Unrestricted Funds 2024 £ 7,028 2,759 9,787	Current year Restricted Funds 2024 £ - - -	Current year Total Funds 2024 £ 7,028 2,759 9,787	Prior Year Total Funds 2023 £ 1,606 6,225 7,831

22 Expenditure on charitable activities - Direct spending

Total direct spending B2a Gross wages and salaries Employers' NI Travel and Subsistence Book publishing costs Defined contribution pension costs	Current year Unrestricted Funds 2024 £ 55,606 4,661 3,281 6,196 32,048 101,792	Current year Restricted Funds 2024 £ - - - - - -	Current year Total Funds 2024 £ 55,606 4,661 3,281 6,196 32,048 101,792	Prior Year Total Funds 2023 £ 57,532 4,550 2,031 5,760 24,153 94,026

23 Support costs for charitable activities

Premises Expenses Administrative overheads Financial costs Support costs before reallocation Total support costs Bank charges Property insurance Stationery and printing Postage Light heat and power Telephone, fax and internet Rent payable	Current year Unrestricted Funds 2024 £ 7,450 1,354 1,837 3,186 211 2,477 112 16,627 16,627	Current year Restricted Funds 2024 £ - - - - - - - - -	Current year Total Funds 2024 £ 7,450 1,354 1,837 3,186 211 2,477 112 16,627 16,627	Prior Year Total Funds 2023 £ 6,725 3,074 1,621 2,221 379 1,296 93 15,409 15,409

23

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

24 Other Expenditure - Governance costs

Independent Examiner's fees Total Governance costs 25 Total Charitable expenditure Total direct spending B2a Total support costs B2d Total Governance costs B2e Total charitable expenditure B2	Current year Unrestricted Funds 2024 £ 2,400 2,400 Current year Unrestricted Funds 2024 £ 101,792 16,627 2,400 120,819	Current year Restricted Funds 2024 £ - - Current year Restricted Funds 2024 £ - - - -	Current year Total Funds 2024 £ 2,400 2,400 Current year Total Funds 2024 £ 101,792 16,627 2,400 120,819	Prior Year Total Funds 2023 £ 2,340 2,340 Prior Year Total Funds 2023 £ 94,026 15,409 2,340 111,775

24

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Activity analysis of Income and expenditure for the for the year ended 31 December 2024

This analysis is classsified by activity and not by conventional nominal descriptions.

26 Analysis of income by activity SOFA ref Book sales Summary of Total Income, including the items above Other activities A3 Donations & Legacies A1 Investment income A4 Total income as shown in the SOFA A Categories of income Income from exchange transactions 27 Analysis of charitable expenditure by activity Income from other, non charitable, trading activities Activity	2024 £ 34,665 34,665 110,225 9,787 154,677 154,677	2023 £ 23,400 23,400 70,492 7,831 101,723 101,723

Activity

Other activities Direct costs Premises expenses Administrative overheads Financial costs Total Other activities	Direct costs 2024 £ 101,792 - - - 101,792	Support costs 2024 £ - 10,641 5,874 112 16,627	Grant funding of activities 2024 £ - - - - -	Total 2024 £ 101,792 10,641 5,874 112 118,419	Total 2023 £ 94,026 11,420 3,896 93 109,435

Summary of charitable costs by activity

Total Other activities Total Governance costs as detailed in Note 24 Total charitable expenditure	Direct costs 2024 £ 101,792 - 101,792	Support costs 2024 £ 16,627 2,400 19,027	Grant funding of activities 2024 £ - - -	Total 2024 £ 118,419 2,400 120,819	Total 2023 £ 109,435 2,340 111,775

25

Cyngor Ysgolion Sul Ac Addysg Gristnogol Cymru

Activity analysis of Income and expenditure for the for the year ended 31 December 2024

Analysis of support and governance costs by charitable activities

	Governance	Finance	Human	Other	Total
Activity			Resources	Overheads
Other activities	2,400	112	-	16,515	19,027

28 Analysis of non charitable expenditure by activity

Activity

Governance costs	Governance	Governance
	costs	costs
	2024	2023
	£	£
Other Expenditure - Governance costs as detailed in Note 24	2,400	2,340

29 Carrying value of stock analysed between activities

	2024	2023
	£	£
Other activities	27,818	18,741

26