2021-12-31-accounts

	Page(s)
Report of the Trustee	1−5
Independent Auditors' Report	6−8
Statement of Financial Activities	9
Balance Sheet	10
Notes to the Financial Statements	11−15

		UNRESTRICTED	UNRESTRICTED
		FUNDS	FUNDS
		2021	2020
	Note
Income from:
Donations	2	95,170	23,633
Investments	3	77,285	68,462
Other Income	4	−	4,409
Total Income		172,455	96,504
Expenditure on:
Charitable activities	5	(62,967)	(73,079)
Creditors write back			(7,307)
Total expenditure		(62,967)	(65,772)
Net gain on investments	8	214,823	105,279
Net income		324,311	136,011
Net movements in funds for the year		324,311	136,011
Total funds brought forward		2,468,520	2,332,509
Total funds carried forward		2,792,831	2,468,520

		2021	2020
	Note
Fixed Assets
Investments	8	2,336,335	2,121,512
Total fixed assets		2,336,335	2,121,512
Current assets
Cash at bank and in hand		456,496	347,008
Total current assets		456,496	347,008
Net current assets		456,496	347,008
Total assets less current liabilities		2,792,831	2,468,520
Net assets		2,792,831	2,468,520
The funds of the charity
Unrestricted income funds	9	2,792,831	2,468,520
Total Charity funds		2,792,831	2,468,520

. Donations
	2021	2020
Audit Fee	15,000	15,000
Employee cost of time:
Finance	1,732	1,592
Secretariat	7,777	7,041
Total Gifts in Kind	24,509	23,633
Donation from Thomson Reuters	70,661
Group
Total Donations	95,170	23,633

3. Investments
	2021	2020
Dividends: RMAF (2020:RMAF)	77,285	68,462
	77,285	68,462
4.0ther Income
	2021	2020
Fund receipt from RNM Inc.		4,409
		4,409

	Grant
	funded	Support	Total
	activity	costs	2021
Grant	38,382	24,585	62,967
Giving
Total	38,382	24,585	62,967
	Grant
	funded	Support	Total
	activity	costs	2020
Grant	49,304	23,775	73,079
Giving
Total	49,304	23,775	73,079

Support cost (continued)
	2021	2020
	Charitable	Charitable
	activities	activities
Cost Type
Bank charges	36	142
Gift in kind
Finance Salaries	1,732	1,592
Audit fee	15,000	15,000
Secretariat Salaries	7,777	7,041
miscellaneous costs	40
Total	24,585	23,775

arameters. At present the Fund allocation is	as follows:
		Tactical
	Strategic Asset	Range
Responsible Multi−Asset Fund	Allocation	(0/0)
Global Equities	74	74.4
Bonds	8	8.3
Multi−Asset Funds	0	0
Alternatives	15	14.7
Cash	3	2.6

	2021	2020
INVESTMENTS
Market value at close of previous year Sale proceeds from CMAF	2,121,512	2,016,233 (1,918,728)
Purchase of RMAF		1,918,728
Net Investment gain	214,823	105,279
Market value at close of current year	2,336,335	2,121,512

2,336,335		2,121,512
**2,336,335 **	•	2,121,512

						31
	1 January	**Incoming **	Outgoing		Gain on	December
	2021	resources	**resourcesTransfers **		investments	2021
Unrestricted	2,468,520	172,456	(62,968)	0	214,823	2,792,831
Total	2,468,520	172,456	(62,968)	0	214,823	2,792,831
						31
	**1 January **	**Incoming **	Outgoing		Gain on	December
	2020	**resourcesresourcesTransfers **			investments	2020
Unrestricted	2,332,509	103,810	(73,079)	0	105,279	2,468,520
Total	2,332,509	103,810	(73,079)	0	105,279	2,468,520