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||**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**|





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|||**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**|





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|||**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**|



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|**.**<br>**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**|





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|**3.**<br>**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**|



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||**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**|





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|**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**|



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|**arameters. At present the Fund allocation is**|<br> **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**<br>**Sale proceeds from CMAF**|**2,121,512**|**2,016,233**<br>**(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**|





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



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|||||||**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**|



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