A Rocha International Annual Report and Flnanclal Statements 31 Decertw 2021 (68524171ErJtsr ar Wlè•l rlty A•9t4)N nun•r
A Rotha Intemalional
Contents Reports Reference arKI *lrThnistrab've information Trustees. rep)rt lThIeIent alitor'S report 19 Flnancial statem•nts Slatetrnnt of financial actNib' 24 88r sh6•1 Statemènt of ¢a$h fb)ws Princ4[1 aLxountirKJ poliaes 27 Notes to the finan(aal staterrts 32 A Rotha Intemational
Reference and administrative irbfornwtion Prnsident Emeritus Rev Petef Harris Trust••s Sootrwan Park (Char) Geofftw CowFer Hikgry Marl Dr Fbrence MuiTh Graham vth.ght Regionalty nominated trusto8s (ApInted 1 January 2021) Pfof R(xJo1 Lasco Prof Aifrgj Oteng-YeLwh Prof Jan van der Sto8p Steve Tanner Rev Dr Ben1n (resigned 1 August 20211 Christin8 Warner (Appjnted 22 SerAember 2021) Company Secretsry Ken Bro (arwnted 11 ALUUSt 20211 Dad McK8y {reslgned 11 AwJust 20211 Manag•m•nl team Exe¢uliv¢ CAr¢¢lor Deixty Exeurfive Director tk Siffn Stuart Rev Dr Benjaffin L8 lappolnled 14 Fetyuary 20221 Ken Brown {aFwnled 1 Juty 2021) David McKay (r8syn•J 31 October 2021) Dr Jeremy LindseN Sarah Fr8nch Rev Dr 8c#)kless Joanna Sthrynney Chiof Op8fatir#J OTr Elir8Ctor of Finance ar Adrrirmstration Cirector of Science aThJ Conservation Ciredor of Intèrnational Operations rA'reLXor of The(Aogy 'redor ol ConYNrications R•gisler•d offic• 180 Pl*311 London W1J 9HF CrIty vtylstrntion numb•r 1138041 Company rngislrnlion Trumr (W52417 Auditor Buzzacott LLP 130 Woc4J Street London EC2V 6DL A Rotha Intemational I
Reference and administralive inf0mtion Inveslrywnt manage CCLA Investn*nt Man&Jem8nt Unlted One Argel Lane LoThJon EC4R 3AB Bankers CAF Bank Linit•J 25 Fl'll Avenue 'ThJs Wesl Mallng Kerrt ME194JQ HSBC 31 The Pyra15 GTaryJe Road 'rkenhead Irral CH412ZL A Rotha International 2
Trustees, report Year to 31 Decentsr 2021 The trustees wesent their report tcMJether %ith the finan(aal statements of A Rocha Inlemational (the "tharity. or"ARJI for the year erKled 31 Oe¢ember 2021. The report has been wepaT&J in 8cu)rdano 7hith Part 8 of the CharTti8s Act 2011 and constitutes a director5, rerA)rt forthe of o)nN)any Iwslation. Tho finarmial statements hav8 been Wepar in accordarK vAth the accounting p)lid8s sèt out on pw 27 to 31 of the 4lath&l financial stateThnts aTrJ COM V•ith the charitatle ComnY.$ rNIMTaThJum arKI adeS of asscciats'on, Charities Act 2011 arKI Accounti and ReFKsthng ty Charitses.. Staterrrt of ReComndj Practice al¢able to charrties preparing thr accounts in acCdanCe wrth the Financial ReP).ng StarKlard aPiCable in the Unrt&J 'norn ar Rewble of Irdand IFRS 102). Introduction A Rocha Intemational (ARI) is an international erNir¢)nmental conseryation organisation working to slKhV Gods Ie for 811 (fealion. ARI was Incor8tJ as a MFnY I'nit1 ty guarantee on 19 Mah 2009 and became UK f&j¢er chanty (number 1136041) on 20 May 2010. The MgrrLwandum and articles of assoukn'on were arrnnded by Spal resoluti5 dat&J 3 May 2013 and 31 October 2020. On 1 Juty 2010, the activities of The A R(xha Trust {charity numter 288634 arKI lormorfy known as A Rotha InlemabonaD were lrnnsfefr•J to A Rocha Intérnational. Prior to 1 Juty 2010, A Rocho Intèmth'onal had b8¢n (lOnnI. GOVERNANCE, STRUCTURE AND MANAGEMEKr Method of appointrn•nt or election ol trustws On 24 October 2020 ARI and 20 A Rocha Organis8tic¢ffJ (AROS) signed a Covenant which T8Flaced existing ly'_18teral mraThY9 ol asso(aation Ibetrween ARI and each ARO) vhth eff8(A from 1 January 2021. Tho Cov8nant albcalos AROS into S regiorts and each region an meke a recorymendation for a trustee of ARI. A lurther 5 tnJste8s are aprKsinted by the exisling IrLtstees due considetab'on for the skil& and eXrien¢t required to 8551st the grth*th and development of ARI. ts.j careful lo ensurn a bieadth of div8rsty. Trust80$ seNe for up lo Iwo tem d four years. Al treeS are requir&J to slgn the statemènt of A Rocha's Mission 8rMI Belets. Poli¢les adopted lor the indu¢tlon and tralning of tStee$ New Iruslees follow an estatli8hed induclion kyocedure. which incl19 an introduclion to the work of ARI and receipt of a copy ofthe govemiTrJ d(Kuments. The new trustee is 81s0 briefed on the current aims aTrJ 0.e(ve5 arNJ fulty thised on the financial posttion of the charity. Oryanisational stTUCture and decision making The Iruslees of ARI govern the chanty in a(tord8nce knith its mernr8ndum and arlicles of association. A Rotha Intemational 3
Trustees. report Year to 31 December 2021 GOVERNANCE. STRUCTURE AND MANAGEMENT Ic¥)thinued) Organisational strnctsrè and dècision making l¢OntsnuI The Fanlty of A Rocha oasatiOnS {AROsl Indle ARI. A Rocha N'onal Organisats'or {ARNOs), A Rccha AssLKial8d Projects (ARAPS) a1 A Rocha Thernakn'c OTgani5ations {ARTOs). Each ARO is a $eFOrale, Ile[¢Ient legal entity from ARI whctse 8cb'vits8s are not controued ty the chanty. although rt 15 mutualty surwitive through the global Covenanl. The resuls of each ARO are therefore not consolKlaIj 7Mthin these finanrAal statements. The trustees agree the slr8tegic p)ky lo t¢ inWenntwJ ty the management team to whom all other team mmbers report. Trlitionaly. as the truste8s res¥J in six countries. they met tiCe a year to save costs. Each m8etirYJ was r•sidential and h9kl over Iwo days aThJ al kgast one of the mèetirys was at an ARO, en8blrwJ tntstees to Vi56t wcye(ts. TrNs ppttern allow1 time for discusslon of 8uLEtantNe Bsues and fac)litat the strengthening of th¢ reL4tionship bthoen the truste8S. The txBiness of Injstees. Meetir indudes receiviry a sel of financial statements and a rewew of otArational issues the man&Jenl team. discJJs&on$ on StratlC priorrties and relations betrween the A Rocha larritry of orgarisations, arwJ consid8riro the ImrAlcatlong for A Rocha's resource needs, Frt)lioes aThJ woiitses. In 2020 and 2021, it was not possible lo rrwl phyycalty due to the COMD-19 paTrJerrric. ring 2021. 7 trust888' meetiros took ac8 ty Zoom. FollrywiryJ the irnpl8Thrrtation of the Ccfvenant from 1 January 2021. the new trustees n(M rde in eight countri88. It is that in 2022 there ryll be foLsr ITu¥lee m8ets'ros, hekj virtualkrf a1 Iwo in prscln. The 8oard is SUPFI)rtl ty Iwo Su()nlittoes that reFXJrt to all truste8s'. • The Finance arKJ Conwhar Comffitte6 ¢omprises four tn1088. It met during 2021, and Coldj soff sInesS wrtualty. • An Executive Trustee C(rnittee wtrlch, if rtyuir. rets Yth the ffnagemènt tèam between lull trustee m8etir¥Js lo fvliew operational issues. The Execlrtive Committee comwses four truste8s. The Executive c(ntte0 met three tlTh$ duriro 2021. and oversaw recrurtrywt of Ihe Deputy Executive tJredor. Risk manageThrrt Trustees identify wtential ri5k5 to the tharity ty carrying out TeguPar dets11 reviews of the activrties and ftrture strategy of the chartty. These nsks afe ke0 uThJ8r regulaf review. A full li5k register has tn Fwepared and the trLKStO8s hove ask&J Ihe managernenl team lo rrKsnitOT ris under the heathffj$ td(yw. The follcthing s(¥fiC •SureS have teen W in pPace to nibgate e8ch of the risk areas A Rotha Internatnal 4
Trustees, report Year to 31 Decern 2021 GOVERNANCE. STRUCTURE AND MANAGEMEKf (continu} Risk management {cthinu Id•ntllfj•d rlik Acl)n Tak•n ED th• Fourrtlwwrfh fvTrlrnwvJ major th)Mrn. m•kJr•J knrgè A Furlrawr¥J Grow) (FR) h•• bwn xt up •TrJ corti1•1 to rM•t rogrty ¥J re¥ifthJrknir¢ opporturMh¢••rnl proyr¢M. Pur. rx•rAty rOrd tty Gh)b•l FIA b••n cMAt•d to hdp, ottr•r lo irKr••w ¢h•rit•bl• T 20X bAgel thtr pptywm•rt 012 rw pwitkirw to fr>cw on thè Pp&r bt kn North Amrt•. R•••r ft••8ry# we •kne tsrgat 01£7ll.co)%thkh r¢prts¢rt• •pVoxlWt 6 rr¥rtl¥ •xpwdlwe. Fl••w r•f•r to P•9• 16 tr rth d•tlli on th• C•p•¢ty of ARI St•ff 21. Tl••• ml•• w•rn nd• kYmw¥Jrt In 2022. In •¢J¢knn •n wwn•th)rnl ar dap •x•¢th• Gov•mwYA •nd ft•w AR Anwcowmrt betsv••n ARlnd 20ARw1l•Yrd on 240dobw 2QO lo r•plK btr•I frnby•ho• ol U•t•tr Dirttior of lrt¢mknr•l Cpw•bwrn ARth wth repJrtln9 nd li •WtrnrtswJ slrKtv prpJ•¢¢ nKmitorinq •nd tv•lu•tv)n procM8 Tr•TIj of &ff ift m•Mg•rn¥rt ¢y¢ •nd PToiII r¥th •MMwn•nt thdertak•n. GOrn •r¥J béèn dIrtan wlth ARO It•ff TPATr ol • Lèrring bpty dwbF•d to •hxe •Xpere pd wctke. TMO10gk w M4n An rvywl•li4¢• from ••¢h ARO We he 8v•ry 3 yew• are Men M kty kn •¥oldlTrJ and drft. have beeTr lde ava4•t4• In trther roe1. At Yow SerYe been ¢re•ted I0¢her d lakj on CreatK)n Cxe. be wdated In a)22 Th? Th•kn t4en irf4L•d In a numtér ol Lawir* hats from a AROts. Thè B• of Faith IwPith its sifv by *erior &aff aTrJ of ARI and AR(hl • re¥d sn X122. A Rotha Intemational 5
Trustees. report Year to 31 Del 2021 GOVERNANCE. STRUCTURE AND MANAGEMENf {Lxntinu&l) Risk management (conb"nu•J) RIptI)MI rk A Exwrax c0fiwl•• kn cort4nty bolng A•JtMfbraThFr•••hetyr¥rw•d kn3)X •TKl¢orwJl•tbJnonttvdoThJdNJ n Intr¥rKt b••n wlh ¢ortM bmt ptic• m•l•tsl for Ill ARC¥. Th•0 zoom brths ¢orm1I)r1 •t•ff from ARO• 10 th•t A ARI dn•d and 2ff21. The ffAn8geThnt team FrKirwto the effec11ver of the action8 annualty arvj prosents its evaluation to ttustees. In &$3llion tothe 8kne speciflc aclions taken duriTrJ the year, wtential risks are ffityated on an on-goirvJ t8Si5 ty the fdkvM'TrJ a(orts: • Th? t[[t90$ an awyoyiate variety of wofessIoI S11$ ond eXence,. + The mvarrten0n of a mthnt I1 of resar4es: + The WllF4oyrwJt of wofessionalty qualfl&J stsff in koy are89: • A (x)nyeh8rnive aThJ aduate suite of insuranc• Oides.. + Effedpie inlemal ¢omrnric8tiorts controls.. and • A c(wehensive raTrJe of Tmitten rKilcies aTrJ wocedures cering all areas of the charity s Xi¥ibe8. I staff 8re rTed to cowvte a Conyehensive Safety in Travel review of their internalional travel arraroeThnts Frfior to departure aTrJ their CoMpted review is the 'TectOr of Intemation81 ol8110n5. All staff and volunteers are covered try 8 travel in5uranee Fnlcy. ARI'S Intemalional Travel Poh'w and RBk RogisteT has been amended lo linlt the nuthr of staff m&rfknrs, ARI direclors or tId Momr$ who are allowvA to travel tLtyher on the same Ihght. velic, or Lx)aL A Rotha Intemational 6
Trustees, report Yearto 31 DecethT 2021 GOVERNANCE. STrUCTURE AND MANAGEMEKf {ntinU Risk managerneDt (continued) The management team ill keep uTrJer dctse aThJ ct)nstarrt Teview the impact of COVID-19. In particular, the of the on the health of the A Rocha Intemational team members as well as their aLMlty to rforrn and control &#ivities in a numtffjr of countries wth differirvJ lockdown festricbons te dosety ffw)nitor8J. In a¢lttion, the econorThc impact of the virus on Ihe value of inveam&nts V•ryll be nv)nitor&J to nder if theTe likefy lo t any irythcatiorn lor future adpiilies. In •liti'on. fijrther risks are slill bgiry fTW)nitored from Fv8vious years. Thèse afg.. + lQdnap and TerrorBm threats.. + Tho heaKh of ARI statr, aThJ • The outcom8 of lh8 A Rotha gbobal ¢otsultatson. K•y minag•m•nt personnel Thg Managent team is IWJ ty Dr &nw)n Stuart aThJ is responsiblo for Implementsng wlicy as well as Ove801r0 the operations of ARI. Employees of Ihe charity are remunwal8J in accordance Vlith the charity's pay s¢ales as set by the Board. su"od lo fur¥Js "Trg available, it is the charity's p)ts. to increase salary bats each year in In8 with the UK consumèr iTrJex. All trustees gNe their Ireety. No tntstees were rernunerated during the y88r12020 - no remuneration). OetaiL8 of trustee exn$85 ar• th'sclos•d in note 11. Statement of INslws' responsibillti•s The Iruslees (who are also directOf5 01 ARI for tho WI08 of rMpanY L9w} are resF1)nbl8 for prerMriry the ttee$, rewrt and financial ststerrnnts in ac¢ord8nce %ith apphcat4e law and Unil•J Kid0M Ac(7)untiTrJ Standards {Unit8d .rYddOrn Generalty Accepted Accounting Practice). Conyny bow rtyre5 the trle8S to pwre Inancial slatements for each fin8noal year which give a tnte arK1 fair view of the state of affairs of the charity and of the income and expeTrJilure, ofthe charty for that penod. In wepariffj tls¢ finan¢K?I Statfjrnts, the trust99S are r&]UiTgJ to.. • seleLI swtable accountirvJ tth'es and then them (X)nSistent,. • observe the rthcrtls and FMinrirAes in Accounts'ro and Reporting ty Charities.. Stitement of Recomwnded Practice aFf4'cat4e to ch81ities kyeparing th[ accounts in accordance V+ith the Financial Rep)rtiru Standard apF4icabk in the UK and ReputAic of Ireland (FRS * m8ke lufkJerrts aThl e5ts'mates th are reasonable arKI wl8n1', A Roola Intemational 7
Trustees. report Year to 31 DentsT 2021 GOVERNANCE. STRUCTURE AND MANAGEMEKf {connu) Statement ol tNstees' responsibilities (tinU1) state whether ap["¢¥ble Unltejj 'n10M AccountirbJ StarKlards have Len follued, suts.ed lo any rrwterial dertureS disdos&J and explainwj in the fjnan¢ial statements., and • kyepare the finanoal stateThnts on the 90ing [ern b8 unless it is in8Fpropriate to esum8 that the chaiity ryll ntinue in opgratwi. The Intee$ arg roSPWtA8 for keopng propgr attounb'ru recortls that dis¢k)5e reasonaNe accuracy at any ts'me the financial wjsrtion of the chanty and enab them lo ensure that the financ481 statements comr w7th the CoMnI8S Act 2006. They are also responsiiAe for safeguarding the asS8ts of the tharity and hence for laks'ng reasonable st8PS for the wovgnti¢)n aryj dotedton of fraud arKJ other irregularities. Each of the IrLBte8s confim% that • so faf as the trustee is aware. there 1$ no relevant audil inforrnation of which the charity'5 auditor Is unaware., and • the tTUStee has taken all the step5 that or she owht lo have taken as a trustee in order lo make hIell or herself aware of any rean1 8Irt infomwtion aThJ to eslabl'sh that the chanty's alI10r r6 aware of that inforffthtion. This confirmation Lyven arnj shwkl interwe11 in with thè provison$ of s418 of the coMnieS Ad 2COS. The truste85 are reswnsit48 for the mantenance aThl integrtty of the charity's Welte. Legislation in the Ur4ted KIn10M geN the weparats.on aTrJ disserrmnats'on of financial statgrnnts th'ffer from clher jurisdictbons. 08JECTIVES AND AcmvmES Policies and oi¥'ectives ARI is an inlernalional enwronfflental consef¥alion orgarisation Wofklw to show Gcrtfj's lovè for all creation. The otiects ofthe charity are.. • The thancem8nt of the Chiistian fath the urKletstaftdiro of its relevance to environmental issues. Education of the by pyomtion of ¢¢)nseryation aTrJ the stthjy of ecol(yJy arKI the environmnt. Promotion of the cxmseNion. protection arnl inyiylemenl of the physical and natural enwronmènt in a COM[ty cofrtext. A Rotha Intemational
Trustses. report Year to 31 DeLn)er 2021 OWECTIVES AND ACTIVTnES {continu& Policies and objectives (continu) In setting otl'ectives and KAanning the chathy's adrrfrfies. the trustges have liven due conskjeration to general gUIdar publshed ty the Charity Comrris0n relating to pU1C benefft. Stratsgias for achi•ving oty•cliv•s ARI jIrenty global btcJNetstty conseNation to proted arKJ roslore forosts in Kenya, Uganda, Neri8 and Ghana. and to athyress challenges taang the manne envsronmènt in many other countries inclu(h"TrJ Portugal, New Zealand, Nether10lS 8ThJ the US. ARI team Thmbers suprKKI AROS i&JdIrJ visibNJ lo revithv thar eon$eNatlon cgr¥rnmes, to train local staff aTrJ their partnern, and to teach at events in schools. colleges. universilies and Lurch6S. ARI also coonr)ates arml SUkWOrts the cortseNth'on ano emiiionffntal thJu¢ation a¢tfvhioS of national rwJistered AROS arouThJ the worhj. At the erNJ of 2021 ARWS were active in 17 countnes - Auslrala. Canada, Czech Rewblic, France, Ghana, Irmjia, Kenya, Lebanon, Nethed8nds. New Zè8l8rbd. Pèru, Portwl. Soulh Aln'c¥. Sitzer19fKI, UgaThJa, UK a1 USA. Duriro 2021, ARAPS were active in Nl'9eria, tho Philippnas Sw&J•n. Clmato SI¥w8rds was an ARTO Thmtr oftheA Rccha Fwroly OTating glob81ty. ARI recefves many requests from organisaknons wthiro lo b8com& an ARO., where suc organisations have existirvJ n8tlon81 roath, thoy may bècome ARNOS. txrt whèrn not. th8y arè encourag&J to aFWy instead for ARAP ststus. 11 is anticipated that som& ARAP$ lll roroln lo¢al arKI thorofore 11 femn ARAPS lthOU1 w09re to becon 8n ARNO. ARI is the that sup[rtS AROS around the worhj as de11j above. Each ARO is 8 separate, indepgndent legol entity from ARI whose athitres are not controll&J by the chanty. ahhough it is muluaty SUPFQrtive thf0h the glob81 Covenanl. The resuts of each ARO are therefore not consolJat8J vitlin these financ4al stateffnts. This dISr3j structuffj avixds Ihe tyethead 8xpens85 of maintslnlng an office while allowing team members lo be in touch aTrJ invofved ¥th the environmental cortseTr8tion work arbj associ8tthJ actNth'es of th8 various nati¢Jn81 t6affts. In a(klition, staff weTg seco19d to ARI by A Roeha USA, A Roeha C8nada, A Rocha Franc• oThJ A Rc¢h• Switzerland. The5• Costs are incIled in ARI s finanal StatenIS. A Rotha International 9
TNstses' report Yearto 31 Del 2021 OBJECTIVES AND ACTMTIES leffilinu) Specrfi¢ obi•etNèS for the year Our oty'eclives for 2021 aThJ wrJJrgss in them 15 set OLrt bekrAT'. What said vKt YJuld do What dld The muNi-year Alrican Forest ProJ[ae in Ghana and Kenya will continue fulIng V•ryl t 8(MYJht for forests in Neria ond ihJ8ThJ8 The African Forest Prograffmg expand&J Fertne'[S and re¢Ved luThJing from mulknple rrnior foundations arnl conseNation donors. A key ffilestone was achiev in Ghana ty haviro Alewa Forest listed for otection undèr the most Stringent Key BiLNIN8r&ty Are8 criteria. The 8r88 of pYote¢ted WQLKll8rbd ill Kenya has been expaThJed to 1,5CIJ hectsres. which now m8kes il the1arg fulty wotected area withln the Dakatch8 landwpe. RecTUrtment is undèmay for the Fost of Afn'can Forest Pr(Qfamme Coordin8tor, and pr(hJress continues in fr1.11S1TrJ imodiveryty d8t8 for cortservation of African forests through th8 Global Biodr¥eiW InforThtion Facitsty. ARI wll continue to present aTrJ WOwte the uThJertyir¥J Christian basB olA Rocha's re for creation bolh wth AROS aThJ also In churches. IheolcwaaI colleges as well as International c<>nferenca# onh'n8 8ThJ in person ay COVID-19 travel restiiclion5 alkA¥ prorTW)t&J A Roch8'8 uThJeftying Chrislian tsis of faith ty VIng lalks on Creabon Care curches. theol(¥Jical colleges, unNersibes. and at internats'onal Conferences during 2021. EststlLshiry a nthv fww)Jus opgr8n(h' for our international tntstoo boa In 2021, the internatior¢al trustees welComj x nthv trustees. inclj1ng five regional noninatÈyJ trustees under the new Cov8nant- J govefnance nv)del. The Board has hekl r&Jukr me8tirvJs via vijeo conference and %ill have ts ffirsl m8eting sinee tho COV11>19 pandewic in France in June 2022. Revievliro A R(ha'S to&s of fath. 5 ComnNtments. 10n aThJ Mission Rewesentative workir¥J groups have been forrned from acr the A Rocha Workjwde Fanity of organizations that have sol'LIt inwt on th85e core Ststents aryj have ten meetirwJ regularfy with the goal of OFThng TIsed stalen*nts for CorK1erati0n at the June 2022 forum in Fran. A Rotha Intemational 10
Trustses. report Year to 31 December 2021 OBJECTIVES AND ACTNMES {oyrfinued) Specffic objeclives for the (continu) What said lU1d do What did An A Rc¢ha Enwronmental Educats'on nference w?1 te h8hJ. The fonrt of this Y•ill deFTrJ on cov119 Ifavel Testrictior virtual Erwironmental EducAtion conference was hehj ty ARI in November that indJed repreSentatleS from seven A Roc41a Oar2¥Ior and foc on natur based soluliorts ar UN hpjh-level events. Gtobal for Theolw 8Th Churches arbj Marirn w11 conlinue These global pTogramm8s corrtinued to exp&1 across the W(yhtsde FaHly. ARI hekj consunations vith 811 AROS and othor key stakehoklèrs on thg dgv8bpmgnl of a Faryity-wide Theolcoy arKI Churches Strglegy that rs currentty bw'ng drafted. The marine wryramm& continues its work on F4astics wllution as w811 as projects in marinelfisheries governance and sharklray SLtNeys on the coast of Kenya. Additional, muM1p yèar grant was ot¢ained to imjikl capacaty for marine work in Florida. USA. A Rocha will contritte lo the Convention on {COP15) in Kun9. China arbd the UN Chte Change Conference {COP28) kn Glww. RewesentatNes from tho A Rochg Workthhide F8ffity t logolher ahead ol the UNFCC COP28 in GLgsgow lo deloP our fitst-ever joint pxrtion Per on 8 technical subject.. "Nalure-based Solutions to Clmate Change. A Rocha was gNen official ob5eTver status at th8 CnP for the first bm8 and coorLlnaled a delegation to the conference that included rrmt¢Tr frcffl UK, Canada, Fran, Ghana, and Climatg Stewards, as well as ARI. Oui wesence attrad&J go¢Jl ess coverage, including on BBC Workj SeNice arKI in numgrous Christs'an media outlets as well. The CBD COP15 was Foslponed again due to the ndenic. ARI continues to pL4n to have representation at this conference and coor(th"nating the dovelorThnt of a major Farrity-wide wScy staterrnt on the CBD P¢)St-2020 Global Blo(*Vty Framework. A Rotha Intemational 11
Trustees. report Year to 31 Decemiw 2021 OBJECTIVES AND ACTNMES Iconlinued) Spe¢illt obiectivès forth8 yèar (¢tinued) What we said VA)uld do What did Work ill conts'nue to eststsh AIWS in Sweden, &'TrJapLYe aThJ Genngny We we1¢x)nj Kiistna for nalutvard i SverKJe as our new AR Associated Project in Swgdgn, aThJ contrnue to work wlh the Frietmls of A Rocha in SingaKL)re Germny to supw)rt the gro1n9 work there. Eslablshing a "FrieThJs of A Rocha" Category .ain9 nff•V grouF6 inlo it as pjssibkn èntry wnt to bac0Mj an ARO The A Rctha Friends Network was launched in 2021 and lour new Friends of A Roch8 grourA were acceFwJ in early 2022 in Brazil. Croats'a. Nepal aThJ Sp8in. nthv Chiel Operatiry Officer will bg pwnt¢d An extensN8 recrullmenl PToee55 took ptsce in 88rty 202110 recruit a new CPH'ef OFerabng Officer for ARI. in pert due lo the retirement of loryor¥lro Elifector of Finance and Adff#ntstration, M¢Kay. As a resuh of this wocess, Ken BT(h¥n was appointed and startgJ p8rt4mg in Juty, and full-time from SeMemtr. He r8kKdty gfthv into the job and is helpng us ryKve ford on a number of fronts to manage and improve our int8rno1 sysleN6. The tri-annual forum wtrieh brfngs t(Jether delegates from all AROS together for training aThJ teaching will hekl onh'ne in June Due lo the pandec, we helj the fifsl ever virtual A Rocha Fowm Festival in June featuriTrJ Katharine Hayhog as a keynote speak8r. Tho Virtu81 format enabl&J so many re Ferticipants to j(in from arouThY the Wofhj. A folk)w up forum is beiro anned in person at A Rocha Flar'S Les Courmettes ¢errtre for June 2022. A Roc*Ja Intemational 12
Trustees, report Year to 31 Dewnber 2021 OBJECTIVES AND ACTivmES {ccrf)linu Specific obiectives for the year {conlinuJ) What said w•Uld do What did FurbJirvJ V•ill be Soht for an A Rotha Development FurKI to wo¥NJe strategbc fuThJing foT ARI atml AROS After cortsultiro wth expert5 in the fuThJfaisirg sedor. the A Roca Global Cortservation Fund (forrrwty 'Oevelopment Fund) was establshed in 2021 wilh an initial donats'on of uS$2.c#)O. SuiBÈ4uenlty. this has neaty qu&J[up to US$750.CW)O, wth some aJitional fundraisirKJ approaches. We hope to gr(Y4V this to al least USD 3 niltson 2024 through a major appr08ch. wth view to InCrearJ the capgoty aThJ effeLXivenes$ of the A Rocha Worhjwde The rai&ro of unresth'd&J Inwr to $n$uro that ARI re01r financialty sustain81I8 with a b3lanced iMkJget wll continue to ofthe rrAnagement team and in 2021 The Trustees apy¢)ved a deficit budget for 2022 to invest in fil1raIsing to increase the el of unrestrict&J ieseN8S. rer r¥ lurMlrni5iTrJ WOtoco15 botsvgon AROS t)raft fundrairj wotocoLs were prepared for th& A Rocha 14VorbJwide Forrity but time has not allcwed them lo L (th'scussl mre thoroughly in the due to 811 the othar WO ong(xng. We %ill return to them once somè of our other consultations are Communic4tions materials arrfl resources ill be pr¢xluced to rnke the Wofk of ARI re accessible ty rnre thierse atKI younger age grout A new ARI wetsite was bjilt for ARI a1 work is ong¢irwJ to buibj nv•V leS for any of the AROS V1 woulj like. The Fiekl Notes FXJcast was launch and has featured Iwenty epsodes with guests from over tsVee ountries. Two pyint newsletters and ten electronic ne4•s upxjates were sent out and three were produc&J, along 1th regular [15 on social rn11a channets. The fiTrl John Stott Memorial Bir(thro Day was held in May arKI work in orKJoing on a faffity-wide tand Tefresh wLKess. A Ro(a Inlemational 13
Trustees. report Year to 31 Decernber 2021 ACHIEVEmETr AND PERFORMANCE Revièw of th• ar It has been anothervery busy year forthe A Rocha Workts¥ide Faty acrossthe workl desiite the wol¢xwJed challenges the COMD-19 paThJ8rric. HwJhSghts in¢lLth: Ramng ARI'S le•J8TrlM'p with Dr. rr StU8rt 85 Executive Dtrector a1 Ken Brown Chief OperatKJn Officer, aThJ the WOtiOn of Jo Swinr)y to Tr'rector of ComnICa"0n5. Over 28,CKKJ pèopl& reachthj through 6nvironmntal educats'on activ.85 and thgologl¢al Spea engagemènts latrAWt hair ofthe 2019 numter. Fxior to COVIDI. 046r 221.(MXI hectsr8s u18r A Rotho'$ managenI OT •Jvice. Just (Ner 1 nillon hedares t811 from A Rothas research arnl Conservation activities. 215 globally threatened specaes 01St on the IUCN List of ThreatOn Speci651 rtor•j, slLkli&J or wotecl&J ty AROS. 214 nation81ty thr8aton&l $pg¢ies ryK>ritOTed, Stu1 or twotectgj ty AROS. we0ng Kiistna for naturvard i S¥706 88 our now A Rotha Assoc4ated Project in Swed8n. LaunchiryJ the process to dv4eknp a new Faty-Ide St•nnt of Belief and Purpose. Siffilady lau1hlI¥j the wocess to rvlert our ComnItrrrts, Vlon Mission. aThJ to deveknp the ever high4evel strategic direction ftir the FaTrrity. Hosting the fit ever virtual A Rocha ForunVF¢stNal ena so merry more rb'cipants from around Ihe worti to pa.pate. IniliatirvJ the fanity-vfitje WO to refresh our brand. Agr60ir¥J a new process for estat4slMng 'Friends of A Rotha. (FrieTrJs Nefvrk). Sernling A Rotha delegalions from across the Faffity to the IUCN Workj COnSeat0 CoThJress in SeFrtemtr, and the UN C&mate ChaThJe Convention COP26 in November. LaLsnchirYJ the nthv wettyte kn A Rocha Intemational Winning work on new we"teS lor other AROS. ComFAeting the ffiTSt year of Covenant4ed govemarKe- we wekom&J six ne•V trustees, incluth'rYJ fNe norrrinatl from rogiorts. Reducing our travel footprint ty increasing the usage of virtual rrtttings and continuing to oftset carton from rempiThrwJ travel. A Rotha International 14
Tntstees, report Yearto 31 Decerrthr 2021 FirruRE PLANS ARI s rAans for 2022 are in our four as d¢finod in the A Rocha Workfréide Covenant.. Gbviw okwalion81, xieniific and theolcMJil sup[rt A Rcth8 Organization5 The AfrIn Forest and Marine FKTr3ranvnes Vill continue across the A Rocha WoTkhide FaTTity. a coorL"nator te hiT&J forthe African Forest Pr(Jramme, and kjlional frJr#lng will be sowm to SUFPOrt and exnd both Prc¥Jramms. An ARI Thgokyy arwj Church8$ StratwJy wl be develowj vlith nsultation from A Rixha Organizatio. An A Ro¢tro Envlronffnlal Educton ¢onler•n¢• t hohj in Awil in Ltynda. d. The tri-annual forum wTrwch th.rS together delegates from all AROS lor training and teaCrj ill be h(k8led ty A R[h8 Frantx in June at the Les crMett8S Cenlre. Rewesentirw the A Roth8 worhj¥Je FarTity in a colknxive (x)nlexl ARI wil clinUe to 958nt the uryjety'ry Chrislian Lwsis of A Rocha's caTg for ¥Yeation tKrth AROS and also in churches. Iheoh>Jl¢81 colleg85 as woll as International conferencw Mlne and in person. b. ARI will dgv•bp a Farrity4tyido polof gt8teThnt arnl Goordinat• representation t4Sod on tli$ al tho CorNentlon Crfb BlotsJl¢al ljveth (COP15) n9 hold In Kunrriro, Cl¥'na. Conx)wnicab'on8 nwterials and resoum ill be tsU(d to make the work ol ARI e •¢c8s8iL4e ty mro ifvorso and your&or age grouFB. d. A Rocha lll nI]nu8 its ¢olknt¢r•tiOn8 With key partnors and nthork5 Including the Lausanne Movement. Workl Evar0eh.l Alliance, Micah Globgl. Renth¥ Our Workl. the John Stott London Ledure. armd nNxe. 3. A3sistirKJ the ratwc delebtxrnnt of n8w A Roca InativeS Illork continue lo eatdish &libonal ARO5. b. INork continue to exFOt the A Rcda FendS tOrk *ith a focjts on key tJ'(xJiveth areas arouThJ the worbj. The A Rocha Gk)bal Conservation FuThl will te publicty launched lo provide StratC funthrKJ for ARI and the A R(Kha WOrhfvde Faty. The initial fundraIrJ ftNxs be on North Anwrica, soed funth'ro from muttiFAg [c0S and staff eapaaty from two ro18S that will be recruited.. 8 director of devebpxnent and A Rotha Intemational 15
Trustees, report Year to 31 December 2021 FUTURE PLANS {conlInu1? Ensuriro that the A Rocha l•vorklde Farrmty strives to comFty WTth staThJards wJreed throLwJh the decision-makn'ng F¥esseS outlined in tS Covenant Reviorts lo A Rocha's basts of faith. 5 Com1m6nts, WI0n arJ Mission wll be devebp&l for eonsideration at the A Rocha WorhthvKle Fanily Forum in June 2022. b. Work vill cOmnCe on the dÈFrrt of a first ever h1e1 strateg1¢ direction for Ihe A R¢)cha Worhjwide Fairrity. A braThl refresh be develowl and inwgmgnted in nwttiple stages through a Fanity-vide cortsUft8t7n {S. FINANCIAL REVIEW Fln•nelal positlon A summary of the yearfs r05uts can be fouTrJ on page 24 of ttis Tewrt and financial stalem•nts 2021, t(Xal Income aK)Unted to £1,396.813 {21r20 - £1.187,933). Of the income. total of £1,272,612 (2020 - £1,075,339) re• lo donations aThJ legaues. Expenditure t(rtall&J £1,543,969 conyr•J to £1,Ir28,895 In 2020. EXltUre In¢urrod on charitable artivities arnunt to £1,530,863 Q020 - £1.018.0081. This incbjded staff costs of £705,05412020 - £522,159}. Ch8Tftable grants and donations rnd8 aftnted to £655,201 12020. £356.3091. Net exFerNJiture for the year before investmeflt gair(8 was £147,156 (2020 - not in¢omo of £159.0381. Investment gains of £179.95812020- £95.5301 resulted in a net inuease in futs fly the year of £32,802 {21f20- net increase of £254.568). The charrty's net assets at 31 DeCemlI 2021 V•re £2.374,30712020 - £2.341,505). Of this £204.772 (2020- £193.930) relatwj to reStj tunds,. £789.518121r20- £455,405} had be¢n designat&J ty the trustees,. leaving the general fld3 baL4nce of £1,380,017 {2020 £1.e92.1701. R•serv•s policy The charity's re5eNes are hekj in supwrt of the organlsationb orvJc4NJ aclNit'ies, recognising its comnxtmnt to the eryAOyrr1 of staff. the lack of sutstantial regular income from grants, and the fluctuation ol incorrn in relation to appea, seasonal donations and legacies and the ne&J to ertsure fvrKs are avala& for planned developments. For the wrposes outlined atxwe, the trustees aim to ¢In181n free reserves at afound 50% of annual expenthture, wtich equates to apwoximatety £772,C4XI. The Board have defined reserves for the wrFw of thts wlicy as unre5tiictgJ funds. exdwling designated fundg. Liquid reserves, i.e. those reser¥es hekl in cash or easity corNertwJ lo cash. shoubj normally not be less than 25% of the annual expgrxliture t&jet. The reserve5 pKJlicy was roviewed in 2022 arKI wil t again in 2023 sxior to the gniF¥J of those accounts. A Rotha Intemational 16
Trustees. report Year to 31 Decenknr 2021 FINANCIAL REVIEW (continuwj) Reser policy (nIJnUj) The annual work an and tAMJget indleS a forKast for incoTh, expeThthture and reseNes for thè next three yeaTr to I1strate hcw this target is expect&J to b8 nwt. The I81 of fr86 res¥0$ hekl at 31 Dece1 2021 was £1,380,017 e<>mpnwry of the unreslricled general fuThJs bolan¢fr. Ths Swlel of tree reserves is greater than Ihe target of £772.000. triThJ 2013, 8 trust whh had r0 a quartety G¥ft to ARI Io SUkV)rt its aLXNiti8S was wouThJ up 8 caFXtal sum of ovèr US$3.tYJO,OCQ wras maje to the charity. Th8 truste0$ have to many this incorr in SLbch a way as bast as$15 th8 charity's finanaal challenges over the next l&Nyears. The Thnagtnttearn ar¥J twste8s are comrritted lo grow its regulai donor tse tJt recogni88 that IIM'S V•ill take a number of years to achieve. The Trustees have deaded Io LOO of r85ep4es lo invest in &Jditional fvjrmlrairJ. ff&ting and devekPfftht staffing v•7th the aim of inueasiro tx)th the Ivlel of unfestricted InMe for ARI and lo bnw in •Jditional fvnds foT the Worthvide A Rocha Faty. B8s&J on the planned extUr9 of tho charty. the19¥01 of free ieseNes %fvill. in th6 ndlum term. te in lino wth the level $et by tho tr1¢85. Golng contom •swswn•nt There is a IOn¥tO èxF¢¢•tn that ARI has Jwuate iesource5 to continue in 0rational existence for the foreseeab future. The trusloes Ihat there are no material uncertainties that into doutl the chaiity's ats'lity to ¢onbnug operats'ng as a going concern. In making thB decision, the trteaS have taken into n5#eTalIOn the risks and uncortainlies ari&tvJ from the Coronavirns Par1¢1¢ arKI co1bdJe that the ch8nty can sustain Its operats'orts for a period of al 18asl IWee month$ from date of signing these financial stalemerrts. Cortsequentty. financhql statemgnts have therefore been wepaied on the S that the tharTty remain5 a griTVJ corKern. Transactions with r•lated parti David McKay, who wa5 ARI'S Fin•nco flirector aTrJ cnY Secretary unlil ltte sumwlautumn of 2021, is coVarry Secretsry and Tr88surer of Clmate Stsw8rd5 (company registration numtr 7442207 (England aThl Wales), charity rwdlstr8tlon numbèr 11411081. The 8Ctivtlies of CMate Stewards were prgviousty Caled out as a projecl wthin ARI. On 1 June 2011. the adpiTrlies and res8rrf8s of Clinwte Stewards {the rAojocll wero tr8nsferred to the separate legal entity. Details of m&tod prty tranlor duriffj tho yo8r are indw] wtthin note 18. Investment policy The chanty hokjs with CAF Bank Linited 8rMI HSBC pk in &lition to hokliNJ alMlatl units in the COIF chon11 Elts'cal Investment Fund with CCLA. The charity's irNestrr*nt FL)Fry ts to give wiority to knk5 or other inslitution5 that have an elhical policy. The trustees benchm8rk arld review interest rates rwJularfy to ensure the investments deliver a SLitat4e retum. A Rotha International 17
Trustees. report Year to 31 December 2021 FINANCIAL REVIEW Inveslm8Trt poll¢y (conlinued) Al 31 December 2021. the mathet value of 1st1 1nvestffts was £1,253,473 12020 - £1,073,515). Detsils of nXWents in investments duiing 2021 are Includ Yithin note 13. Fundralslng policy All fiJThJraisiThJ is carriwj out ty the chanty's Th¥n staff and volunteers. ARI does not emI0Y extemal fundraise. Imien sUprterS contact ARI askn'ro to be removed from its database this is done without uThlue delay. A thorough revie of all donors aThJ supporters was urbjertaken in 2018 as of ARI'S wepar8tion for GOPR and a further check of perw4ssions is uThJertaken on a iiannual baws. As Sh, am ¢Jonor5 and supporter¥ have ten contacted to confirm that they wish lo remain on ARI'S database and to ascertain how they woukl Ilk8 u¥ to contact them in respect of the various m8tketiNJ aThJ fundrai&ng wbh'cations. Trustees wefe fulty invofved in the prerat1( for Gt)PR and have 8Fproved a Privacy wlicy and a Data Breach pol'ry wfiich are thstAaygJ on ARI'S Wete. DuriryJ 2(r21. ARI (Id rKrt recave arry caInts relatiTrJ to its fundraIrj 8pwoac. A C(xJe of Cor¥Jud has ien pyepared to fvrther pToted vulnera8 people arKI other of the put&'c from behaviour which COU be seen as an unreasonable intrusion on a person s Frfiva¢y. AwthY¢d ty the trustees: Graham Wright Trust09 and Treasurar Ap•d on: s/&/2 A Rotha Intemational 18
Independent auditors report Year to 31 December 221 Indendant •uditor's report to the mem1rS of A Rocha Intsrnational Opinion We have awJrt&J the finanaal statements ofA Rocha Intemational Ithg 'charitat4e company) for the yeav eTrJed 31 Decertr 2021 wthich comprise the statert of finanaal activities, the balance sheet. the slat8mènl of cash fb), the winaFo1 accountirKJ policies and the nolas lo the financial staterronts. The finala1 reporb.ro framework that has been aprAied in their preparation s akWcable18w arKI Unttad Kiryjom AOUn.ng SlaTrJards. including Fin8n(#al Rewrting StaThJard 102 The FinarKAal RetKJrb'rvJ StsThJard inlhe UK and Rewblc of Ireland. {Untted KirKJdom Genernlty ACpledACCoUM1ng Practi). In our OFiThon. the financ481 statemnts.. gr48 a true f8lrvlw•V ofthe ste of the thaiitable compary's affairs as at 31 D8cemb8r 2021 and of tts inconw arbj 6xperbJituro fty the year then endvJJ', • have b8en yopety PmF4r•J In accordance %%ith United Generalty Accepted A¢UntIng Pra(aico', aTrJ • have l)een prepared In accordance vAth th8 ru1r8m8nts ofthe Conynies Ad 20r. Basis lor opinion We our audit in 8ccordan¢8 with Inlernational SlaThJards on Auditing {UK) {ISAs (UK)) and aFplcat4e law. Our respo11&eS under those standards are furthey described In the auditor's re$FOrIllI1ti0S for tt* alit of the finaTKial statements section of our reFOrt. We are iThJepeTrJent of the ch8ri18ble coryany in accothnce V•ith the ethic81 r&4uiremenls that are relevant lo our authl of the financaal statements in the UK, including the FRC'S Ethi¢01 Standard, a1 we have fulfill&J our other ethical r0spongkn.1.OS in accordance th these requirements. We be&eve that the 8LMlit Idence we have oLlaingJ 15 sufficient and apwosmiate to WOVKle a for our opinn. Conclusions welaling to going concern In audibrb3 the finanu81 stal8m8nts, w• havo condwjwj that the trte98, use of the grj concem of accountiThJ in the werAration ofthe thancial statements 15 8ppropYiate. Bas&J on the woth we he perf0Ml. we have hlentified any MIen91 urertaIntios relating to events or CO1.0nS that, iThJividualty or collectively, vrAy cast gnificant doutrt on the charty's at4.lty to corrtinue as a gcirwJ concem for a period of at least Iwefve ffnthS ftom when the financial StatentS are author for issue. Our reSP)f7[11e5 arhj the re5[ntrAtIe5 of the twste8S With respect lo gc¥ro concern are described in the relevant sectorts ofthis rert. A Rotha Intemational 19
Independent auditoVs report Year lo 31 De(nw 2W21 Other inforrnation The trustees are reswnsiblg for the other infomation. The other infofmation comprises tho information Indj in the annual re[ aNJ finanaal ststements, other than the ffinan(ial statenwnts arKI our au(Itorfs report th8reon. Our orjnion on the financial State1rnts d085 not cover the other infomTrtion arKI, except to the extent otherwise expl.tty stated in our rew)rt, we do not express any fomi of assurance conchJ&on Ihoreon. In conneclion with our autht of the financial statements, our respottlty is lo read the other information and. in doirvJ so. co[KIe[ whether the other information is materialty inconsistent th the finanaal statem8nt5 or our knowleOJe oirtained in the audit or othemse appears to t materialty rrisststèd. If we bjenb'ty such rrntèrial inconstncaeS or appArent material isstalements. we are rgqimrwj to deterff•ne whether there r& a malerial nysstatement in the financial slalements or a material nisslaterrl ofthe her information. If, based on th8 Wofk we hove rforMl. we Con¢d& that Ihéro i8 a material l$tatement of thi5 Other informalton, we ar8 rwjUir to rewrt that fad. We hav• nothlng lo roport in this rogard. Opinions on oth•r malters pr•scribed by th• Compani•s Act 2006 In our opr¥on. based on the Wofk uThJertaken in the (x)urse ol the audit.. • the information given in the trustees. reFKJrt for the Iknancial year for which thè financial slsterrnr)ts are V¢PT¢d is o)nsist¢nt tmth thg finanaal statements., aTrJ the trustees, reFX)rt has teen Wepar in ac(x)rdarKe knith applicabkn legal requirerronts. Mattwa on tknich arn rnquir•d to r•port by exception In the IvJht ollhe uTrJerstsThJirg oflhe chanlat4e ConY its 8nvlr¢)nm8nt obtain&J in the course of the auitht, we have not identified material ssIa18m9nts in the trustees, reFQrt ind1ng the strategic rèwt. We have nothing lo report in resFd of the folbYa"w rnatte in relation lo which the CcfflFqThes Act 20C6 r4uires us to rewrt to you K, in our OFinion'. • &lequale aecourrting records have n(rt Lwn ko#, • the finanaal statements are not In agreemenl with thg xcountiThJ reo)Tds and retums., or • certain thsdosures oftrustees. reneratiOn Sfi9d iry law are not made: or wo havè not recw9d all inforrnation and expknations we require for our autht; or • the trustees were nLrt entitl1 to Fyeparo th9 financial #ements in aLxordance th the small companies regime aTrJ take athianlage of the srrwll companie5, exemF¢iorts in prerij th& twstee5' rew)rt from the requirewrnnt to txepare a str8twJic report. A Roi*a Intemational 20
Independent aUdit0S report Year to 31 December 2(r21 Responsibilities of trustees As eXned nTh)re ful in thetrltees. responsitrilties statement, the trustees are responsible for the pleratiOn of the financial statements arNJ for ting satisfi&l that they give a true fair vivw, and for SLbch intemal control as the trustees deterrrrine is necessary to enatrAe the eparation ol financaal statets that are fre• from rnwial ryisstatemgnt. whether due to fra or error. In Preparing the finaniial statemnts. the Inte85 are res1t0 lor assessirYJ the charitab coryny's 8LMlty to corrtTrnue as a griryJ conwn, disckNrb3, as appl¢ae, rnatte Telated to going concem and the concem basr5 of accounting unless the Iruslees either inte1 lo liqUale the tharrtatle Cml or to ce8 operatiorts, Of have no realistic alternatP4e trArt to do so. AuditoVs r•sponsibilities tor th• audit ol thè financhl st•tements Our 0tr4'ectNes are to obtain reasonabl8 assurance aul whether the finanoal staleThnts as a whole are free from matèrlal ms51alernl, whelher due lo IraLMI or error, and lo issue an auditor's rert that indLwJe5 our opnion. Reasonab assurance is a high18vel of 8ssuran¢e, t1 is not a guarantee that an a.1 corKIuLx in accordance1th ISAS IUKI will aayS delect material nysstalement whon it OYi5ts. Misstatemgnts can arise from fraLwJ or error aThJ are cortsered material if. indN#Jualty or in the 8rjaI9. they coukl reasonabty t expected to influence the economic deu'sions ol er$ taken on the basis of these finanualstatements. Irregularities, indthliNJ fraJ, are instan¢ffi of rn-COn1anc0 ith laws and Tegulatiorts. We de9n Fffoc&Yures in Ine lhith our r8sp)nsib'lth'es, outlined above, to detect material rrYsslatem8rrts in respgd ol irregulaiities. ind'r0 fraud. The extent lo which cr prwedurgs are caF4ble of detectirYJ irr&Julanlies. induth'ThJ fra3, 15 detj bek)w. hjw tts aiKJt was consicèred W ofthte(Iwy iThegu18ritses I151ll frat Our aFproath to Klentity'ryJ and asSeThj the risks of material Nisstaternnl in respecl of irregularities, indjirj fraud and non•conWian¢e ith IM aTrd rogulats'ons, was as follows: • Tho èrvJogonnt prtner en5urwJ that the eTrJagemènt team cdlectivety had the apwowale comwertce, capab'lties aTrJ sknlls to Identify or Tecoanise non-compliance ith applcable arbj rryul8b"ons; We identified the and regulats'ons aFpScatle to Ihe charity throLvJh discussions wtth key rrAnagemerrt arml from our knowl&e expèrience of thg charity sector., • Ille on specific IWJ aThJ r&JUlab'O whh we considered have a ¢*rect material effect on the accounts or the adiviti9s of the charity. These Incl80 tyJt were not lirrited to the Coffpanies Aca 20C6, the Ch8ribes Act 2011, atKI Accounting and Rep)rting by Charilies." Statement of RecorrTr Prathce apiCAble to charities preparing their a¢Unts in accordance wrth the Financaal Reportiro Star¥Jard apFAic8ble to the Unit&J KirYJdom aThl Rewbffic of Irelarwj {FRS 102) (effedrve 1 January 20191., arKI A Rotha International 21
Independent auditorfs report Year to 31 D8cert¢r 2021 Auditor's Yesponsibilities for the audit of the finGla1 statements Iconts'nued) • We assessed the extent of CO"anCe wrth the and rwJul8tions identtfi&J above through maknThJ er{11¢5 01 key manwJemènt and I1&W ol ninutes of Truste8s' tirwjs. We ass8ssed the SusCe.t#hfy ofthe charity's finan(yal stateffnts to m&erial lS31al9ment. In¢thrO obtainiryj an uThlerstaTrJing of how fraud occur, ty.. • M8king ewuiries of key Manernerrt as to vthere they consNJeTed thero was susceFrtib'lty to fraud, thwr kTh)wIe of adual, s[ted and algl fraud,. and • CO[dent¥j the internal tX¢ntmb in 8¢8 to TrItat8 iisks of fraj aThJ non-comF4iance V•ith and Ityutab'orts. To athJre55 tho risk of frathj throwJh ffffjnagetrnrrt txas and ovethje of ntrol&. wo.. • Porf¢xffd anak.l yoceAlures to kl8nty any unusual unexrrtted relalionships: • Tesled and re4ryv•ffjd y)umg1 entries to idgnlify unusual traTroaLI)ns'. • Tesled the authortsation of exFerKlture'. • Assessed whether JuOJerrnnts and assunTiI'orts mad8 in detwnlnlThJ the 8ccounttng estiffte$ were in(Icative of wjtential i¥as.' 8ThJ • Investated the rationab8 behind %gnificant or unusu81 transactlors. In resw)nse to the risk of iTh•Jularits'es and non-comsg4.ance with IM and regulations, we d6slgn&l Fxoc•Jur8s vth.th indud8d. but w8r8 not lirTitod to.. reeiTrJ financ481 staterngnt ¢Jh)SureS to derf'ThJ 8UPFQrting documentthn,. Re•JiTrJ the nuteS of e11r of trte0$., aThl • Enquring of as to aLlual tential kngati a1 ctsiffs. There org inhorort I18b0 in our 8wJrt procedures d85crib8d atthie. The more remved that rogulations are from financial t[aal5, the less likety it is that we wouhj becotTh 8rnre of rn-coMlaTrCe. Artir0 slarmlaS also lirrit tho audit prOclureS requir1 lo hjentify non-comF4'8nce with la arml regulations to of key manement arKI the ins[tr.0n of regtOry arvj legal COThesndenCe. if any. M8teri81 rrisstaterrnrrt$ thal ariso due to fraLMI can LE harder to deted than thos• that from eTroT OS they irwofve delberate cOncealnI or colknsl. A further descrbk'on of our resFon5it'kti'es for the audit of the financaal statements is bc8t& on the FinarKial Rewrting Counal's wet6ite at W•YW.frc.org.ukJaudrtoreSPQr0it1'ltses. This descnpts'on for of our aLNthtors report. A Rotha Intemalional 22
Independent auditoVs report Year to 31 Decerthr 2021 U59 of our report This report i% mje to chalitae comtAny s menkners, as a bcxly, in 8ccordance th Chaptef 3 of Part 16 of the Companies Act 20Cfj. Our audit wort has been undertaken so that we might lo the charitatrje company's members those matters we are requirod to state to them in an auth'lorfs rerN)rt arml for no other wrw)se. To the fv11851 extent Mitted 18w. we do not a¢¢eFI or assun* re5ponsih.lty to any0 other than the charitsble company and the chafitable ryanY's menknrs as a bclty. for our a&tWork, for thi5 report, or for the oynions we have form1. Shachi Blakenre (Senlor Statutory Artor} For and on behalf of 8uzzacott LLP, Statutory AwJitOT 130 Wo(Ml Street Lo10 EC2V 60L Dale.. 14 September 2022 A Rotha Intemational 23
statement of financial activities Year erHtsJ 31 2021 Totsi Tot41 2021 ftm 20 In¢uD• Irom.. CbJnab"oM aTrJ gae Ch¥l•We •thrt Cxher.. gain on pcMI ol propety tJtr. lUrry Tol•1 knc•m• 453.271 819.341 1.2n.812 448.6C6 98,710 98.760 628.731 78.245 1,075,3 76.245 12 10.152 10,152 26,127 26,197 TJg.2&5 1,187,933 25.441 3. 1,396,813 453.723 448,878 ExpeThlrtur•on: Rawry fijr 278 13.¢JX) 13.>X 4, 8 I42, 1,088.t69 1.530,683 442.88t 1.101.c¢e 1.¥4308 lo,7 10.897 640.251 1,018,OC6 I.1 1,028,895 377,757 377,757 Tol•l •XpaThdv Il•t Irom• ¢Wditr•I b•for•g•ms on In¥•th 10.842 1157.81 1147.106) 70,921 ,117 159.036 G•ln• on ¥•Inrt• Urrwl¢d Nei Itxom• and n•t mowm•nt In lunds th• 13 179,V 179.918 .$30 ,s2o 1Q812 21. 79,921 183.847 254,se8 Tot& bJfvJ tqDuglrt forw•r¢ •t I J•r¥Jary Tot1 luthji c•Nknd fonvwd •t 31 0•m•T 2,147.575 1341.106 123.C 1.963.928 2,.937 20I.7n 2,1&.$35 2.374.XIT 193.9 2.147,575 2.341,5C All of the ch81ity's ac11vi dglived from ¢onts'nuinp operaborffj durirvJ the aLx>ve Iwo finan¢lal riLYJs. All recogniwj gains and k)s8es are Indd in thg above statement of ffinandal actrwtiOS. The notes 27 to 40 fo p8rt ofthese financ481 $tat¢m&nts. A Rotha International 24
Balance sheet as at 31 DecemtrH 2021 a)21 21 2020 2020 Flxed assets Tangl• assats Invethert8 12 13 324686 1.253.473 I,Fl4159 331,255 1,073.515 1,404,770 Curr¢rt •M•ts Detors Cash at t•nk 14 569,324 342,017 892, 1.034,¥21 913.092 Crr5.. arnounts faning ¢kn ilhin on• year 15 1117.9441 198,1861 N•t eufr•nt assets Total n•1 795,148 1374307 936.735 2,341.505 Th• fundj olth• ¢hlty Rtr1¢red fvnds Unie8tnd•d lun . Twgit4e fwed ass . ¢)ther d•sion•ted Gn•ral T(rt•l funds 16 I712 193.930 16 16 16 325,688 463.832 1.380.017 1374YJ7 331,255 124, 150 1.892,170 2.341,505 Ap&red ty the tntstees arKI signwj on thdr th8W ty.. Graham Wright Trtee Treasurer ApwcNod on.. sl p/L A Rocha Intemkn'onal Conyny Regislration Number C6852417 IErglaThJ 8nd Wales) A Rotha Intemational 25
Statsment of cash flows Year erKled 31 Decem 2(r21 2021 2020 Cash outhvAT fr<>rn operatlng tiVIts.. Net cash ld inl k¥ov11 Iry ¢)F4fa"ng a"• A 1349,1361 139,329 ChaNJ• In cash and cmh •quivalents in the yopr 13W1361 139.529 Cmh cash equrt¢rts at 1 January 692,K14 553,575 Cash cash equlvalents & 31 DeM1 343,788 692.904 Notes to thè stat•m•nt ol cash flws lor the year to 31 DKember: A Reconcili•tx•n of net mov•m•nt in lund$ to net ush Ilow fn)m oprnting activitl•s 2021 Net movernert In lunds per th• sl•nertoffin•n¢lal 4¢lfvld) Ad1u$trnts I(w: Deyeciatron chargts Gain8 on inve8trnents Increa8e in detrAIxo Ire888 (th¢re) in CTJto N8t cash lus•d Inl wu4kl•d ty upwan9 32.2 254.588 4869 I179.9) 1227,3071 19.758 1349,1381 5,589 195.5301 18.6101 118.668 139,329 A Tralysis of cash. cash equivalents and net debt 2021 2020 Cash at t•nk and In hand T¢tal u•h and ¢••h •qulval•nts 343,768 343,768 892,904 692,904 A Rotha Intemational 26
Princtpal accounting policies Year to 31 Drrter 2021 The rAinLal aecounling wliaes adopted. judgenn15 and key sources of estimation and uncertainty in the Eff13tiC of the ftnartial statements are lahl crtrt Basis of pr•parntion These finonaal statements have been prepar1 for the yearto 31 Oecmber 2021 and have been wepared uThJer the htstowical cSt conventTron yth items recr¥nIsl at cost or trartsaction value unless Lrtherwiso Stated in the relvrfant a(xounting polioes below or the Th)les to It finanual Sta1erynts. The financial statemtrnts are tKesent•J in sterliry and are to the ngarest wund. Thè financi81 st910nnts have been prer in accordancè Aon'r0 a1 ReF(Srting Charibes." Statement of ReCOendj Prathce aFplcatle to ch8tities ryepadng their a¢counts in 8CCOTdance with the Financ481 Repong Standard a1Ca4e in the United 'ryJdom and Rewt4ic of ITeland (FRS 102) {Chaiil*s SORP FRS 102), the Financial Rewrb'ng SlaThJard aF¢thcat4e in Ihe UK and Republ¢ of Ireland (FRS 102), the Ch8rities Act 2011 and the Cowr485 Ad 2. ARI is ltte bc#ty that supw)rts AROS arouThJ the worhj as detai18d in the trustees, rewrt. Each ARO is a separate iThJeI)denI ltyal entity to ARI whose activities are not controlled ty the charity afthowh rt is nyjtualty suKw"¥e through a MgffK)randum of Understanding and Slatement of Faith. The results of each ARO are thwefore nol consoldaled within these financial $tatsmnts. Th8 chadty o)r6litutes • wt4'¢ benefft entity as deffin ty FRS 102. Critiul accounting estimates and arms olludg•m•nt Preparation ol the financial Ststents requires the trust to mfiko gnIfint IertS and estimates. The in the finer181 statefnents where these judJeffMts and estimates have been made indude.. + estimatiru the useful eCOrC lrfe of tangble fixed assats: • e5timalirvJ the value of gifts in hi1. a1 d8lenrirAng th8 for allocatiThJ SUprt costs across exTrvre c8legories. In 74JJibon to the above, the fvll of the continuirvJ global coronavirus paThJemic is still unknrywn. It is therefore r1 currendy Wble to eval18 all the F¥)lents'al imF4icatsons for the chanty's adivrties, SUFpliets, benefiLyaries and the wider econonry. Assessment of going concern The trustees have as8ess&Y whetherthe use ofthe ncern a55um#ion is appropriate in weparing these finanual statents. The trustees he rne this asse55Fr in resF¢ to a perirxl of one year from the datg of aFproval of these finanual statements and have CQnsideral the ofthe coronaviFU5 nderri¢ on the chanty's operatiorts. A Rotha Intemational 27
Principal accounting policies Year to 31 DgcertAr 2021 Assessment of golng concem (Continu1) The trustees of the chanty have )ndjj that there are no material uncertainties related to event5 or conditi'ons that may cast gnIfint doubt on the atility ofthe charity to continue as a going concern. The tntstees are d the oprnon that the chaiity wtll have suffic4ent resource5 to ils b'aimltti'es as Ihey fall due. The trLslees nY)nitOf (ash flow throughoLrt thè year Inc1ng futuie sources of incom8 vba a system wkdch tracks fuThJratsing expertatiorL4 Tmnth by rrnnth. The rTr)st significanl areas of ju($3eThnl that affect itsrr6 In the flnanelal statements ar¢ detailed ab)ve. Imth regard to the next accounkn.ro period, the year eThth'ro 31 December 2022, the signth¢arrt 8T that affec the Carryi valu8 of thè assets hehj by the chanty are the thiel of inVeStnlt return and the P9rfOnc8 ol the investment markets. Income r•cognition SncoTh r0ged in the pericJ in wlwch the chanty has entitlement lo the income, the arrKJunt of IrMe Lxn be ryasured reliobty aThJ it is wobaL4e that the irwrrffj be receNed. Ir comwises donabons and giarts, IwJaae8, investThnt incom and other income for chantatle activrties. Donations and giants ale re(xgThs&J when the charity has Lyjnfirmation of trt)th the 8mount and settknThnt dale. In the event of donations and grants Fledged but not rec@Ned. the amount is ac¢rutyJ for whw¢ thè re¢apt is MnsKleTgJ probae, unless Ihefe are implied tlTh-rèlat&J corKlitions which entitlemènt to a grant. In the event that a donab'on or grant is sU.eLl lo conditions that require a Ie1 ol perfOrnCe tefore the chanty is enIrt11 to Ihe fvThYs. the income is deferred aThJ not rec(Jnised unlil eithèr th058 eonditi'ons are fully met. or the fvffilrnnt of those coTrJth"ons v4 wlhin the control of the charity 8Th1 it is probable that those conthtions I11 be fulfi1k in the rertIng wrirKI. Do1 ser4ico5 aryj f8cilib.es are recogni5&J on the tosis of the value of the gift lo th8 chanty which is the aUnt the charity woukj have been wIng to pay to oilain fo(ilib"es or s¢rvlrns of ffjlAvalent oo)noffi¢ bonefft ¢)n the open Tket. Legacies are incIed in the statemenl of finaThial #thities whgn the chanty is entiued to the aLry, Ihe execLrtors have astablish8d that Ihgre arg suffiiienl surFAus assets in the estate to pay the ltyaw. and any ¢oThjitis attached to the legary are thIn the control of tho charity. A Rotha International 28
Principal accounting policies Year to 31 Decethr 2021 Ineorne recognition (con1inu) EntitMent is taken as the éaflier of the date on which eittier. the charity is aware that probate has been grant, the estate has ten finalised aTKI notification has been made by the executor to chanty thot a distriimjtion V•tyll be made. or when a th'stritiOn ts recthved from the estate. Receipt of a legary, in whole or in Fert. is onty considered protble when the armunt can be m8asured relatly afKJ the charity has teen notified of the executor's intention to make a th'stn'tythion. ere kngaaes have been notified lo the charity, or the charity is ••+Are of the grantiry of protfjle. cnteria for incomg recogThtion have not b8en met, then the kgacy is treated as a contiTrJenl asset and disebs8d if rywt9rial. In the 8vent that the gift is in the fomi of an asset other than cash or a financaal asset traded on recognised stock exchange, rec(•JiNtion is suty'ed to the valLFe of the beirKJ relia measur8bfe with a degree of roasonatlo accuracy and the title of the assèl having bw'ng trartsfefr•J lo the charity. Interest on hekl on deF(fyt is Incl1•1 when reCat4e the aouTh1 can bo rrn8sured reliatAy ¢harity'. ttis Is normalty nottfication of the intèrest paid or yat4• try the bonk. In accordancè 7Afjth tho Chgntigs SORP FRS 102 volunteer tlmB Is rt recogni5•J. Expendituff• QgnitIOn alitIeS are re¢ogni5frJ as ex(luTe as soon 8$ there Is a logal or constructive oblgation cornittiNJ the chaiity to ¢ke a payffnt to a llird rty, it is w0ble that a transfer of econorric bemffts V•il be rffjuired in settIenrt aTrJ the arrKJunt of th8 oblgation can te Thasured relabty. All expnditure is accounted for on an accnjals to31s. EXnlure Comprises direct costs and surfKJrt Costs. All eXPere5. includiThJ SUFWI costs, are alkc2ted QT aFWrtioned lo the apph'cable expelture hèadings. The ClafiCation tebveen activities is as follows.. + Expnclturo on raisiryJ furJs incIje5 all expenditure as9od8t vith raising funds IOT the charity. Ths includes 6ts asso(aated th fvndraisiThJ. * Expenditure on ¢haiitstde aGlivib"es indLMJes 811 costs 8SSOC4ated with furtheriThJ the charitable purFrf)ses of the charity through the wovi5ion of its charitale acaivrties. Such costs indude chaiitable grants and donations. direct aThJ supwrt costs in to tho CornatiOn of gkntl ac11vit and conservation w¢)3ram. charitab grants aThJ donations are mde where the trustees convider there v8 real, ne1 foll5 8 of the detaiL5 of each particulaf c8se. and comprise Single year payrrnts rather than 1-year grants. Grants arKI donations arg included in the statemnt of financ4al aLXivilJes when All 8xpendrture 15 Stat•J ind1Ve of irrec4)verable VAT. Allocation of support and governan¢e cosls SupFK)rt Costs represent inthred charitatrAe eXn¢ture. In order to carry oul the pn'mary purposes of th8 charity, it i8 ne¢xsary to pmide surwrt in tho form of peOnnel devekntnt. finanaal procwjures. Fwovision of Offi seNices aNI è]UiFrfTnt and SUrtae wOr.j en¥irontrnt. A Rotha Intemational 29
Principal accounting policies Year to 31 Demter 2021 Allocation of support and govemance costs (continued) Govemance costs COrrrise the co invofving the puuic accountabiltty of the charrty (Induding audrt costs) a1 costs in resFCt to rts compkance ¥wlh regulation and good practice. sUprt (>)sts are aFWrtioned Ltween chaiitaN8 a¢Nities in FffOFLlrtion to the direcl costs incurred in rdation to each adivty. Tangible fixed assets All assets cc6tiro more than £1.rJ)O aTrJ ith an eXpted useful hfe excogthrvJ one year are caFitaliswJ. Assets are relir&J at the eTrJ of their useful acor¢ Ifo. Taffjitlè assets are stated at crtst18ss deweciation. Dgprecialion is not chaTged on freehokj or1885ehokJ laryj. Deweciation (m other tsnuibl8 fix1 asgets is WOVhd8d at rates calculated to write off the cost ofthcw assets, less tr[ estimaj rwdu81 value. overtheir useful hvos on lh• fcdltym'ffj toses.. Leasehokl property and lffyrovemnts the shorter d 70 years or the remainiry lease tsm • Fre8hobJ woperty 70 yea Office ulpnI 25% on Cost Investments 'sted inveslm¢nts are a lo of basic financial irf8tnJmènl and are initialty recognised al Ihwr tTansaction value arwj sut6equenty Measur at t11[ fair value as al the balance sheel date USiFWJ the ck)siTrJ quot1 ffratkel price. The chanty do85 not 8(x4uire pul oiknns. dèfvalves or crthgr cnpleX financ4al instruments. RoalB83J gains lor k6ses) on investmerrt assets are l¢lat as the difference betrween disFKJsal proceeds and their openirvJ carryir¥J value or thwr purchase vahje is aLNuired Sut6u0nl to the first day ofthe financial year. Unrealis&J g8ins 8nd105sg5 are calculated as the difference telween the fwr valu• atthè year eTrJ aTrJ their CaTng value at that date. Reahsed and unrealised investment gains {or 105sesl are comt¥'ned In the statemtrnl of finanaal advI.8S aThJ ale cr&lit8d lor debrt) in the year in which they 8ri5e. Dèbto Debtors are reetsJrrised atlheir settlement amount, less any proviwon for n0n-recovera'lty. Prepayffnts are valu&l al the anK)unt prepaid. They have t*en discounted lo the present value of the future cash receikrt where such discountiro is matenal. Cash al bank and in hand Cash at bank arKI in harKI reweserrts sh accounts arnl instruments that are availa@ on demarKJ or have a malurity of less than Ihreo vrDntts fFDm the date of aUl510n. A Rotha Intemational 30
Principal accounting policies Yearto 31 Der(thr 2021 Cweditors and provisions cr1[10r5 aThJ prls10S are reccgnBI then there is an otklgation 8t the balance sheet date as a result of a past event. il is Fwobable that a transfer of econorrmc benefit be required in settlerrnnt, aThJ the affK)unl ofthe settlement can k estirrt reh'ably. Creditors and provisio are recognised at the amunt the charity ants'cipates it will pay to sèttle th8 de. They have tren th"scounted to the present value of the future cash p8ym8nt where such dK8counts'TrJ is rrnterial. For•ign curr•ncies Assets arKI liab'litses in foreign cuThenues are translated into sterliThJ at the rates of ex¢har¥Je rulng al the balance sheet date. Transacb'ons in forevJn currencies are translated into sterling at the rate of exchaTrJe rulirMJ at the date of the transaction. Exchange differences are taken into acLXiunt in alr9 at the net nkniemnt in fvrth. P•nsion contributlons ContributiorL4 in r8std of the thaiity's dgfined contriltiOn peiOn sch8w are charged to the statoff1 of financsal a(alvitS when they are yab to the scheme. The ch8nty's ¢ontribLrtions are r¢strid¢d to the ¢ontritrJtions disclowj in rle 10. There were no outstarKling contritxrtiorts at the year end. The charity ha5 no hatrility beyond making its contribLrtions rAyirg a¢LS the ddiOrts for the orybyoes, ¢on1t1lOns. Funds strnctur• G¢n¢ral funds are unrostrictèj funds are avwlat40 for uso at th6 ths¢r•tlon ol th• trLtste8s in furtherance of the general ot¥'ecv88 of th& ¢har6ty 8r•J vth¢h have not an de.gn8t lor other purF#xes. Designated comprise unrestrid&J fuTrts that have been set ade ty the trustees for rticular purKKtses. The aim arvj itse of eath desbJn8t&l fund is set OLrt in the notes to the finanaal stalomgnts. Restricl&J funds are futs which ale lo be Us1 in accordance wlth spec4fic restrictions imws•1 by donors or whTrch hav8 lSa tharity for particular purrxlses. Tho costs of ratsiw and •jnterirwj such fuThJs are chargwj against the specAffic fund. The aim and w of each resth'ctwj fuThJ is set out in thg n(rt85 to the financial statetrnnts. A Rotha Intemalional 31
Notes to the financial statements Year to 31 DeTre[ 2021 1 Donations and legacies 2021 T¢1 R•ncte¢l UnstriCted lunds fuTrJ5 fuTrYs 2020 Totsl fundts R•rfet•d Lknr•strf¢t•d I5 lund5 C>Jnotior Legac Glants Total ImJ8 218,018 704,163 8N75 108.NJJ 819.J41 922,881 8.475 341.256 1.272,612 213.a38 491,510 704,548 ff2,29) 308,541 1.075.339 235.253 453.271 235.5TO ll.971 48. 626.731 [k)natIor in kiThJ aUntiTrJ to £nil 2020- £2.680) are In¢ded abcNe wthin donations. There i¥ a wre5ForbJing increaso in salary costs under expenditure. 2 Income from charilable aclivitses 2021 T11 R••tnctsd lthr••tn¢d nds fuTrJ8 fuTrJ• 2020 Total fund6 R•#rtct•d Unr•#rfct•d fund ldI Cfyordin•lty)n ol glob•l 98.710 .780 76.245 76,245 3 Cosl of raising funds 2021 T•1 R•rKt•d Unr••tncd funds fund• 2020 Total furpJ• R•rfct•tt Unrn•trtd•d fvnd• fvnd• Promotn•l ¢0• 278 1J.OJO 13.JlXI 10.887 10,887 4 Charitabl• activilies Grt funding of activites Ii)ote 61 "r8Ct Costs (nth Sl 2021 Total funds (note 71 cOr[sn¥t1n d dobol protl0n ofthr•atened hatst8 and 8P8ue8 2021 totd fijnd 777.W 525,747 57,259 1,380,570 33.481 811.045 129.454 655.201 7,158 64,417 170,093 1.530,663 Grwl ftnyiry of 1wrfS Support cost$ 2020 To181 cosls 5) 6) (th7) 566.W 256.4 39, 129 862.683 48.576 615.526 99.705 356.9 7.044 46.173 155,325 l.ola8 L)20 Ic4&1 A Rotha Intemational 32
Notes to the financial statements Year to 31 D0>T 2021 S Direct costs Protecbon of Cwdnon thréatÈrd of kobal h&btats and actwibes SpeeS 2021 Total funds Premréth ccts Travel Doth'o Other ryojecl ccets Web srte d8vdoFrfn8nt ec&s Other adrniTh•tratson c(•ts MeetsnkTh and confer• Stall cc6ts Deweciatyon Incée 121 2021 tLrtal funth 6,718 12,339 8.718 12,339 33.302 23.913 2.954 44,132 4671 676.447 5.569 811.045 33,32 179 rJ,734 44.132 5.671 676,447 5.5Sg 777, 33.481 tIOn of 2020 Totol lJabrt&ts 6.449 6.449 8.4 48.218 13.206 9. 795 19,649 1. 158 12.920 5.SS9 615.526 Travel 48.276 12.846 9. 795 19.649 1. 158 72.920 5.569 W8b srt• C4Xt$ Oih8r costs Staff cosls (nc• la ZOSO l¢X81 luTrYs 48.576 6 Grant fundlng of ¥Gtivits•s Z121 Tgtsl R•rt•d Unr••trKt•d 2020 Total bjn trictqd Unrnslrrt•d Grrts lo A Roc Nalb)n•l Prop¢t• 2021 t1 X17.716 307.716 347,405 347.485 654201 655,201 311,916 311,916 44,3 44,%3 6,3Cg 6,3CS A Rotha Intemalional 33
Notes to the financial ststements Year to 31 Derni 2021 7 Support costs Protecbon of 2021 Coydirticn ttyealernd TOMI ofglobal bal• aThJ fund 3J20 Toial lund• ov glot•l h•titatS •KI 1.329 1.223 220 712 1,443 OlThc• dnniMtk+n L&g•l prof••11 8.879 1302 10,672 2&428 419 3.771 12,(K>6 28.007 EX¢nOt rnle k• Stsft ¢0 16,>J4 2.935 19,rJ9 7,474 8.8 X1 7.8n ,129 1.381 9,054 46,173 7.159 64,417 8 Exwnditure by charitable Ktsvity Summ•ry bylund l)p• R••trkt•d Unmtrt•d fund• 2021 d• 2020 ol 9)1 279,670 I.IIKI.9W 1,3•).$70 229,837 632,848 w,e83 Protethw ottrfe•t•n• 181930 442.605 7,188 170.1)93 1.088.008 I.$X).663 147.920 377.757 7,4r 640,251 155.325 1,018.C 20 total fund Summ•ry by expdItr• fyP• Staff costs IrXè 101 Deyeaab'on Totsl 2021 Ofdnthon cl I4ob Prof10n cl threat8n8d hatrt*8 and gpècies 701,875 5.$99 653,128 1,360,$70 3. 179 705.054 1,914 820.040 170.0#3 1,530.663 s,9 staff cosls io) Olhgr costs Total 2020 519.224 s.9 337.8 862.683 ofllY8Atehrt. as aTrJ 2935 522. 159 152.3 490.280 155.325 I,o78.L8 5.SS9 A Rotha Intemational 34
Notes to the financial statements Year to 31 DnT %r21 9 Net income (expenditure) before gains on inveslmonts Thrs is stated after charLiTrJ the f01kthi.' 2D21 2020 Depreaation (note 12 Audtors. rernunerthn . Current year 569 5,%9 8.820 10 Slaff costs Staff Costs war8 8$ 10l(h¥8.' 2021 2020 Waggs and $atario1 Soryal securrty cg)sts Pernion cct 598.408 78.039 28.607 705,054 443,486 59,454 19,239 522,159 The average nN)nthty nunknr OfenN)Yea8 durir¥J the year w85 0$ folk)w8'. 2021 2020 No Cli•ct k¥¢gramm• linc4uth"n9 8t41 lo nthonal Je¢ll) AdrniTh8tratNe ltaff The number of higher WJ enybyees was: 2021 2020 No £60,W1- £70,((J £70.(K11- £80,(ts) The key managerrnnt pennel ofthe charity in charge ofdirectiry and controlh'ng, running and operatsrMJ the charty on a day lo day baws Co59 the Iwstees arKI the senior management team of the charity. The 1(81 renwneration [IndjIng taxable benefits and 8mpk)yefs natronal insuranc aThJ pertsion o)ntlltrxrfions) of the key management FeorIne1 lor the year VAS £435.829 (2020.. £298,302). The number of kèy Thnagemenl eOne1 Increas to 8 in 2021 12020.. 61. In 2U20 Peter Harris, the ctrfoundw of the charity, was remunerated £38.215 for his services to the charty unts'l his retsre on 31 May 2020. &nce that tirr he has kecome 8 volunteer for the chanty. 11 Truslees. expenses and remuneration No trustee receiv1 arry emoluments duiiNJ Ihe year In u>nne(on ryth hls or her duties as trustee to the chaiity {2020 - £nil). OurirvJ the year, no trustee5 (2020.. three) were ramburwl travel expenses (2020.. £1.714). Ouriro the year, trte0S rrpje unrestrided donab.ons to the charity totalling £61,53112020.' £51,622). A Rotha Intemational 35
Notes to the financial stateffnts Year to 31 Drrter 2021 12 Tangiblè fixed assets L•as8hc4d operty and Freehold txoperty Totsl At 1 January 2021 X)9,844 119,520 429.364 At 31 Decemter 221 309,844 119.S20 429.384 Depr•clall¢)n At 1 January 2021 Charge fry th? y¢or 68.121 4, 141 29.988 1,428 98,109 5,589 131 0¢Mlr 2021 31.416 103,678 Net bo( val Al 31 D•cmtr 2021 At 31 Decem[ 2020 237.582 241.723 88,104 69.532 325,686 331.2S5 Indud•J within fr88hohJ and lèaseholl prop8ty is18rKI wlth value of £39,545 which is not deFrfecialed 12020.. £39,545). The freehokj pfopety Com$•8 of the fiekl stLty centre 'Cruzinha' in Mexilhoeira GraTrJe. Portuggl, which is Us1 oxclusivety by the A Rocha Asso90 Crista de Estj0 e Defesa Amtienle. The TnteeS have recenlty become 84¥8r¢ of o potential li8t4hty for thr88 years of unpthd taxes on the propety. Enquiries are or¥Joing in respect ol this wtential h'atility but it Is believed to be b91ow 10,(KQ. Leasehokl proFerty compnses 'Karara' in Nairobs., Kenya, ed exclusNety ty A Rocha Kerbya AMts)ugh Ihg charity wos left the fTèohoW title to tho prorMrty, under bcal Iw'sLqtion introduced in 2010, freetTrohJ titles hekj ty fogn t¥Mlies were revokod in favour of bng leasehokj arTaThJements. LwJal trtle of the 0pe.eS is held ty A Rocha 'nIted, a company register•J in the UK arml lirr11 ty guarantee. 8oneficial ¢)wner5hip has been agn lo A Rotha Intsmational. The laThJ aThl LMJikrs are shown at cost, or estimated cost at the pJnt of donation. 13 Investrn•nts- listed s•curiti•s 2021 2020 Mark•t valu• Al l Januory Unrealised pns in the year At 31 December 1,071515 179.95B 1.251473 971,985 95.530 1,073.515 Hlstorlc e*tat In%wtm•nts 579,319 579,319 8ted investments at the year end CLYnKYM•J dth• frAkna"wwJ. COIF Chwth"88 Ethical Irwe8tm&ntfund 1,251473 1,073.515 A Rocha Intemational 36
Notes to the financial slateThnts Year to 31 Drtr 2Q1 14 Debto 2021 2020 Arnounts due frcffl rther A Rocha ofganiscffis Grft aid r•vaL4• Other 510,>)9 74,297 19.801 247,919 342.017 13.926 9.324 15 Cr•ditots: amounts falling du• ithkn on• yur 21 2020 Tax8bon and 80oal A¢rJual Other c¥ethtor¥ 11,017 85,965 64.423 117.944 27,655 98.188 16 Funds Gain8, tralerS 31 and O•c•mb•r Ir(• &xp8nthlw• dMgnatson8 2021 1 January 2021 D•slgnat¢d fund• Fixed asset lun( Global Ctsr4ervatscfi Fund Other fun 331.25S (S,5 16.1101 15.3281 117,0051 325,688 334939 128,893 789.518 341,049 10,1 351.118 124,150 455,405 G•nwal funds General Funts - all fund5 Total Unr•stFlct•J funds 1.692,170 2. 147,575 591.972 I1.W,l 943.)0 11.101,0881 179.958 179.958 1.380,017 2,169,535 31 l J•x•y Umg&ric48d fi¥k E¥pgrAtW8 dosgnions 2020 Fix•d ass•1 I¢d$ 336.824 62.52 399.416 331.255 124, 1 455.405 61.946 368) 61.946 (4957) Gemral G¢rw&l Fwx. Tdal Unres*nct8d 1.564.512 1.963928 6T7.9 739.255 (645. 781) (651. 138) 95.5 1.692 170 95. 2.147.575 A Rotha Intemational 37
Notes to the financial statements Year to 31 Dents 2021 16 Funds (c#)ntinu&J) The fixed assets furKI represents the net iK)ok value of the charity's assets. A deasion was made lo seFOfale Ihs fund fromlhe general lurbj ofthe charity in recc¥Jnrtion ofthe fa Ih8t the tsrvJIb fixed assets arg ess8nb.al to the day-ttsday work of Ihe charity and as such their value shouhy not be regarded as fuThJs that wwkl l reafjsatAe with ease. in order to meet future conth'roen(ies. The Global Cortservation fur is to provhle straI1C funding for ARI and the A Rocha Workhide F8ffty. GNen the lder stratwc purp)se ofthis fund Ihetrustee5 deemlhis fund lo be a designated fvrml. Other indJe furth designat1 to the John Stott lectUTes. R•strlctod lun¢ts 31 O•¢wnbèr 2021 1 J•rwry XJ21 Iorn E¥p•ThAitL Tran•far• A Rocha A Ro¢h• Bra¥il A R¥th• C•n A Rocha Czech R•pknl A Rocha Frar0 A Rocha G•rm•ny A Ro¢h4 GfAr4 A Rocha Ind A Rocha K•n A Rocha Lebar A Rocha Nethertor A Rocha N•w Z••lbThJ A RochD Peru A Rothè PortL•Jal A Ro¢h• S)ulh Pth A Ro¢h• bknlz•rf•nd A Rocha Uprl• A Ro¢h• UK A Roth• USA Eden Crealwi Care IWriDI Clirnate Slewardl 3,437 11,958 13,322 1401 18,7rJi 16,LIMI 3,104 906 1,151 6,SÉS 37 75 6,199 9,464 22,016 32,818 262 13.048 13.0431 1%.1551 I31.) 121.9151 1181 401 10.034 31.315 271 141 44.218 23.218 162 17,797 13,2 14.2791 127,319 12.0151 18.111 1281 1,OJ8 43 7,898 11.7051 220 493 670 98,409 204,772 14.C 25.144 7.912 I20.1> 114.0181 4.401 1.467 245. 453.r23 18971 1262.1431 1442.8811 114.Y)3 193.9x1 The income lunds h'sted for each of the AROS reFfesent donations and grants forA Rocha's work, indling $cIr pToJeds in that (x)untry aTrJ I( running the re5ctP ffiekj slu centres. A Rotha Intemational 38
Notes to the financial statements Year to 31 DeLemt¢r 2021 16 Funds {conlinued) Rostrlctod fvn¢ts 31 cember 2020 In¢om• E¥p•nLfj¢we Tr•orS 2020 A Rochth Au$¢rn&• A Ro¢h• Br•Jl A RoGh• C•nad• A Ro¢h• Cz•¢h R•wbl¢ A Ro¢lJ• Fr8n¢• A Roch Gwm•ny A Rocha Gh•n• A Roch• Ind• A Roch• K•ny• A Roch• L•banon A Ro¢h• N•llJ•fl•nLts A Ro¢h• N•w zl•nd A Ro¢h• P•w A Roch• Portuo•1 A Roch• South AfpK• A Roth• SLMtz•rt4ynd A Roch• Ug•nd• A Ro¢h• UK A Roch• USA Ed•n Cf•4¢w G•r• (Nyn•) Clim•t• Sl••rds FhJ"•ds 2.334 2.708 485 3,fA)g 14.313 75 2852 8.563 19,443 18,263 271 3.(3 (3.712) 167) 1391 3.220) I33.8) 1,625 3,635 750 2.260 386 T5 3,922 401 10.034 31,315 271 14) 1.5P3 14. 295 21.871 19.953 ,666 13.114 51.8LYJ 23.357 1&596) 119.2761 161.2181 I10.5) (98) (17,220) (23.838) 19811 1.765 &611 388 43 949 4.052 220 17.048 32.092 1,430 837 43 3,055 4,401 220 493 9.736 5.437 (7.6XI (S,0881 121) 214 (185.8211 1377 7571 38.56S t23.9 241.& 448.6T8 114,$53 193,930 17 Analysis of net •ssets belwoen funds Unre8tricled fun¢ 2021 Total lund$ R88tn'L1od fur General lunds 0.gnatad lunds T8ngitle fixed Inveth•nts cuent a8Bets Credrtors due witts'n cffle yr 325.686 324888 1,251474 913,091 1117,9441 2.374.307 1,251474 244.486 1117.9441 1,380,017 204.772 483.832 204.772 789.518 UnTrstndod)knJs Tot81 furk8 fuTrJ8 Tary18 Investmerts cu01 assets Cr8dkuB dim k%thJn y& 331.255 331.255 1,073.515 1.034.921 (98. 186) 2.341,5 1.071515 716,841 (98 186) 1.692170 191 124. 1 193. 455.405 A Rotha Intemational 39
Notes to the financial slatements Year to 31 tknmtor 2021 17 Anatysis of assets bet¥Ren funds (conlinu•J) 2021 2020 Unrea118ed induthd 8LThf? on ifwestme 874154 494,198 unrealised gans Unraalisèd pns at 1 January Unrealised pns rdtased on Net ansng cn revaluation Total unreahsed at 31 D•¢¢mb 4H198 398, 179.958 674.154 95.530 494,198 18 Transactlons with r•lat•d parti•s A Rocha UK 8¢Xed as the agent of A Intemation81 rtyarflirvJ the receiF aThY banking of lurbjs from UK donors intend&J forthe SUF4)Ort ofA Rocha International aThJ olhef nats'onal A Rocha oTg8nisati'ots ¢xrlswJè UK. In thè y•ar lo 31 D8¢8mbèr 2021. A Rttha Internalional receiv&J £20.154 12020.. £23.1131 wa A R(ha UK uThJer llis arrangent (including Grfl tax redains). ThB incltyjed £8,678 (2020.. £14,263) income and gain$ for A Rocha International aThl £11,471 (2020.. £8,850) for oth8r A Rocha national orggnisation$. Durir¥J 2if21 trustees P020. fve trustees) donated £61,531 (2020. £51.621) aThJ seven nbers of &aff (2020.. Six slaffj donated a Icdal 01 £179.022 Q020. £558) to A Rocha Intfrm8ts'onal. In 2020 Peter H8rTiS. Ihe CloUrn19r of the charity. was remunerated £38,215 for his serrfices lo the charity until h's retirement on 31 May 2020. Since that liTh he has tOme voluntéèr for the chanty. 19 Llablllty ol M•MlS The charty c£Jnstrtut&J as 8 coTrrwny knitaj ty guarantoe. In the ovont of the charity ng wouThJ up the are r&Jr1 to contribute an affrf)unt not excling £10. A Rotha Intemational 40