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|CONTENTS||
|---|---|
||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|
|||2022|2021|
||Note|||
|**Income from:**||||
|Donations|2|28,390|24,509|
|Investments|3|81,552|77,285|
|Other Income|4||70,661|
|**Total Income**||**109,942**|**172,455**|
|**Expenditure on:**||||
|Charitable activities|5|(102,293)|(62,967)|
|**Total expenditure**||**(102,293)**|**(62,967)**|
|Net(loss)/gain on investments|8|(239,120)|214,823|
|**Net (expense)/ income**||**(231,471)**|**324,311**|
|**Net movements in funds for the year**||**(231,471)**|**324,311**|
|Total funds brought forward||2,792,831|2,468,520|
|**Total funds carried forward**||**2,561,360**|**2,792,831**|





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|||2022|2021|
|---|---|---|---|
||Note|||
|Fixed Assets||||
|Investments||2,097,215|2,336,335|
|Total fixed assets||2,097,215|• 2,336,335|
|Current assets||||
|Cash at bank and in hand||464,145|456,496|
|Total current assets||464,145|456,496|
|Net current assets||464,145|456,496|
|Total assets less current liabilities||2,561,360|2,792,831|
|Net assets||2,561,360|2,792,831|
|The funds of the charity||||
|Unrestricted income funds|9|2,561,360|2,792,831|
|Total Charity funds||2,561,360|2,792,831|





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||2022|2021|
|---|---|---|
|Audit Fee|18,000|15,000|
|Employee cost of time:|||
|Finance|1,983|1,732|
|Secretariat|8,407|7,777|
|Total Gifts in Kind|28,390|24,509.|





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|3.|Investments|||
|---|---|---|---|
|||2022|2021|
|Dividends: RMAF•||81,552|77,285|
|||81,552|77,285|
|4.|Other Income|||
|||2022|2021|
|Fund|receipt from RNM Inc.||70,661|
||||70,661|



|value of th|ese grants a|mounted to|£73,769 (2|
|---|---|---|---|
||Grant|||
||funded|Support|Total.|
||activity|costs|2022|
|Grant|73,769|28,524|102,293|
|Giving||||
|Total|73,769|28,524|102,293|



||Grant||||
|---|---|---|---|---|
||funded|"|Support|Total|
||activity||costs|2021|
|Grant|38,382||24,585|62,967|
|Giving|||||
|Total|38,382||24,585|.62,967|





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||2022|2021|
|---|---|---|
||Charitable|Charitable|
||activities|activities|
|Cost Type|||
|Bank charges|134|36|
|Gift in kind|||
|.<br>Finance Salaries|1983,|1,732|
|Audit fee|18,000|15,000|
|Secretariat Salaries|8,407|7,777|
|Miscellaneous costs||40|
|||.|
|Total|28,524|24,585|



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|**022**||||
|---|---|---|---|
||||**Tactical**|
|||**Strategic Asset**|**Range •**|
|**Responsible Multi−Asset Fund**||**Allocation number**|**(0/)**|
|Global|Equities|64|63.9|
|Bonds||11|10.6|
|Multi−Asset Funds||0|0|
|Alternatives||14|13.9|
|Cash||11|11.4|
||.|||



|**021**|||
|---|---|---|
|||**Tactical**|
||**Strategic Asset**|**Range**|
|**Responsible•Multi−Asset Fund**|**Allocation number**|**(0/0)**|
|Global Equities|74|74.4|
|Bonds|8|8.3|
|Multi−Asset Funds|0|0|
|Alternatives|15|14.7|
|Cash|3|.2.6|





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|||2022||2021|
|---|---|---|---|---|
||||_|'£|
|**INVESTMENTS**|||||
|Market value at beginning||2,336,335 '||2,121,512|
|Net Investment (loss)/gain||(239,120)||214,823|
|Market value at closing|'|2,097,215||2,336,335|
|Investments at market value comprised:|||||
|RMAF<br>•||2,097,215||2,336,335|
|||2,097,215||2,336,335|



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||||||31|
|---|---|---|---|---|---|
||1 January|Incoming|Outgoing|Loss on|December|
||2022|resources|resources|investments|2022|
|Unrestricted|2,792,8'31|109,942|(102,293)|(239,120)|2,561,360|
|Total|2,792,831|109,942|(102,293)|(239,120)|2,561,360|
||||||31|
||1 January|Incoming|Outgoing|Gain on|December|
||2021|resources|resources|investments|2021|
|Unrestricted|2,468,520|172,456|(62,968)|214,823|2,792,831|
|Total|2,468,520|172,456|(62,968)|214,823|2,792,831|