A wnaiff Ysgrifennydd y Cabinet gadarnhau bod y cyfrifon diwethaf a ffeiliwyd gan TVR dyddiedig 30 Mawrth 2017 yn anghywir mewn perthynas â thelerau ad-dalu y £2 miliwn a fenthycodd Llywodraeth Cymru i TVR?
The accounts of a company that are filed at Companies House are a reflection of the activities of that business and any dialogue between the Directors and the company’s Auditors. The accounts filed by TVR record that the company has a long term loan from the Welsh Government which is secured and which can be repayable on demand.
In the going concern statement within the filed accounts, it is noted that at the time they were prepared the Welsh Government had indicated that it had no intention to demand immediate repayment of the loan. The statement was correct as there was no intention by Welsh Government to demand early re-payment. This loan has a term of 5 years and is repayable at the end of the term.