Charlty number: 1184634 The Medway Mission lo Mariners Truslees, report and financlal statements For the year ended 5 Awll 2025
The Medway Mbsl•)n lo M•rlners Contents Page Report of Ihe trusle8S Indopendent examtners report Statement of finanGlal aGtlwtles Balance 3heel Nolgs to the finaneial statèmnts 8-16
Th• Medway Mlsslon to Marin•rs Trustees report For the yeaT endad 5 April 2025 The Trustees presentthèir annual reporttogetherwilh lh8 financlal statements ofThe Medway Ml8slon to Mariners Ilhe"Charily°I forth8 year ended 5 Aprfl 2025. The Charitable Incorporated ganisalion was consliluled on 29th July 2019 bul did not commence lo opèrate until 61hAprll 2020 when the assets and liabilities ollhe Medway Mission to SeafarersTrusl werètransferred ObJertlve8 and actlvltles. a. Pollcles Qnd oblectlves The oblecls of the Charlty are the rellef of those men. womèn and thelr famSlle8 In need who:. Work or have worked on the se8., or Acllve or rellred members of the armed forces In the United Klngdom butwllh prforlty glven lo tho88 In need in tho unitary aLrthorltyof Medway by the provlslon of grants lo indivlduals and other charitable organlsallons to promote spiritual, moral and physlcal wellbolng. The Truslegs conllrm that they have referred lo the gu1d8nGe ¢ontalned In Ihe Charfty Commlssion's general guldance on publlc benefit whèn revlewing the Trust's alms and oblectlves and In plannlng future actlvilles and setllng the grant maklng pollGy for the year. b. Grant maklng poll¢l The Charlty Issu8s grants In 8ceordan¢e with Its obfrects. Grants Ihls year 8 agaln Gonlrlbuled loward8 tho runnlng costs and Improvomenls at Pembroke Housg. Gillingham, and al Slr John Hawklns Hospllal, Chalham, and to The M15s1on lo SeafarerB lo be sponl on 8ealareTS welfar• sèrvlces. Achlevoments and porfomian¢• Revlew of activStles Thè rèsults forlhe year are set out on pagè 6 and show that the gross Income for the year was £27,971, a decrease of 2.ov/o on tha pr8vious yeaT. Grants made In the year were £33,660, an increaso of 80% on the pr8vious year. All81 govemanco costs, the deficll on unrestricted fund¥ amounted 10 £8,422,18avlng a bolancè on unreslrlcted fuTra of £9.706. b. Inv•stment pollcy ond porformance The consllludon allows forthe trustees to Invest in any oflhe securflles authodsed bylaw forthe Investment of trust fvnds. Al investmenls are to be regi¥tered in the nam8 of th8 Nominee Trustee. The stockbrokers appolnted are Chorfes Stanlèy & Company Llmlled, 25 Luke Street. London EC2A 4AR.
Th• Medway Mlsslon to Marln•rs TTUStees report (conllnuedl Forlh• y•ar •nd•d 5 Aprll 21125 Achlevements and performance {¢ontinuèd) c. Bankers The Charivs bankers are National Westmlnster Bank PLC. 148 Hlgh Stree( Chatham. Kent ME4 4DU. d. Indepgndent éxamlner The independent examiner is Samantha Rouse on behalf of Kreston Reeves LLP, Maritime Place, Quayside, Chatham Maiitime. Chatham. Kent. ME4 4QZ. Flnanclal r•vlèw Resems pollcy No specific reserves are keptby the Charity. At 5 Aprl 2025 the endowmantflmds amounted to £768,25612024'. £817.6151 and the unrestricted funds tolalled £9,706 (2024.. £18.1281. Structur81 gov8rnance and management a. ConstMution The Chsty was founded on 29th Juty 2019 as a Charitsbl8 Incorporated Organisalion byway of a deed of constitution, and took over the aclivilie8 of the Medway Misslon lo Sèamen Trust with effect from 6th Aprfl 2020. Chades Stanley and Company Llmlled of 25 Lukg Street. London EC2A 4AR have been apptsinled as Nominee Trustee. The Charity Is regist8red with the Chathy Commission. number 1184634, and the registered office of the Charity is Woodside. Hookwood Park, Limpsfield, Surrey, RH8 ODU.
Th• Medway Mlsslon to Marln•rs Trustee¥ report (ronted) For the yeaT ended S APTII 2025 Structure. governance and management (Continued) b. M•th¢)d ol appolnlment or ele¢tlon of Truste The charfty trustees of the Twst were.. David A Lapthorn (Chairman} Stephen D Roper {Hon. TreasLwer & Secretary) Rèvd. J Anthony Randall John Baker Lt CommarKlor sthatt Small tan Spreadborough ' Capt. Elon Lyons Rgvd. Nigel Boumo (rtslgned 13th June 2024) Revd Hugh Grear lappolnted 13th June 20241 Zoe Oawey (appointsd 13th Jun8 2024) The Truste¢s are appolntgd for a period of one to Ihree years and Tèllre by rotadon and ihen appoln18d for a term of thr8• years. In sélectlng IndivKluals forappdnlment as charitytruslees, thé charity trustees must have regard to Ihe S. knowledge and experfence needed for the effoctive adminislratkjn ofthe organlsation. Orynlsatlonal structure The Trustees rn88t twleè a year and all dac181ons are rnade or ralilted at these mè8tlngs. d. Rlsk manag•mènt The Truslges have assessed the rfsks towhith the Charlty is exposed and systems have been pul In place to mlllgate these visks.
The Medway Mlsslon to Marfne Tru5ts?¥ report {contlnuvd) For thg y•ar •nd•d 5 A1 2025 Tru6ts06' responslbllltles The Trustees are.TesponsitrAe for preparlng the Annual Report and the finand81 ststements In accordance wlh applicable law and United Kingdom Generally Aci%pted Accounting Practice appNcable to 8maller charillas. Law applicable to charities In EngrIlWa1eS requires Ihe Trustee¥ to prepare the finanryal ststements for each financial year which grve a true and fair viow of the state of affairs of the . Gharfty and of the Income and applicalion of resources lor that perlod. In preparlng these rinancl818tal8m6nts the TruBleBs are required to: sdecl suitable accounllng and then apply them con818t8nlly: observe the methods and pr1)10$ tn t Charib69 SORP: make Judgements ac£ountlng estknates that are reas(able and pOn¢ prepare thefin8nclal slal8m8nts on the gdng concern baslB unless It Is InapproprLqteto assume that the charity VAII continue lli operation.. Th8 Trusleos are responslble forkeepln9 properaccounllng records that are suffi¢Aentto Show and explaln the charfly's transactions dlsck)se wilh reasonab accuraty al any tlme the flnancial position oflhe charity ond enab them to ensure thatthe finartial statements comply wllh the Chari118s Act 2011, the Charlty IAco)unts and Reports) R8gulatl¢)ns 2CK)8 and the provlslons of the trustdeed. They are 50 responsie for5afeguarding the ass8ts ofth8 chadty and hence for tsking roascfflat4e steps lor the prevention and delectlon of fraud arKI other Irreguladlles. Th1$ rsport wa$ approved by the Trustees 20th November 2025 and 81gngd ¢)n their behalf by: Trustee Trust
The Medway Mlsslon to Mar]ners Independent examinerf$ report For tho year endBd 5 April 2025 Independent examinerfs report to thè Trust•ès of Medway Mlsslon lo Marlners Trust (the 'Charliy') l T8PQrt to the Charity Tru51ees on my examinalion of the ac¢ounl$ of Thè Mèdway Mlsslon to Seamen Tru51 for the year ended 5 April 2025. Rèsponslbllltles and basls of report As th8 Trustees of thè Charlty you are responslbleforthe preparatlon ofthe accounts In 8ccordanc8 wllh th8 réqulrements of the Ch8ritles Act 2011 (Ihe Aet'l. I réport In respect of my examlnallon of the rharlty's accounts carrtèd out undor secuon 145 of the Act and in carrying out my examination I havè followed the appllcable Direction5 given by the Charity Commission und6r s•ctlon 14515)Ib) of the Act. Ind•pondent ex•rnln•rf8 8tst•m•nt I have completed my examlnatlon. I confirm that no malerlal matters have come lo my attentlcn In connecllon with the ex8mln8llon glvlng m8 cau881o believe that In any mat&ri81 respect: accounllng retxJrd6 were not kept kn TespeGt of Ihg ¢harlty 88 requlrgd by gècllon 130 of the Act., or 2. Ihe acc¢5 do not a¢rord wllh those recoftis., or 3. the account6 do not Comply wlih the applicablo requlrèments concemlng the form arKI cont8nt of accounts set out In the CharStl8s (Aceounls and Reports) Regulations 2008 other than any requiremènt that the accounts give a Irug and fair vlew which18 not a matter consldered as part of an Independent examlnallon. I have no concerns 8nd havè come acr088 no other m8tt8r8 In connecllon the examlnatlon lo whlch allenllon should be drawn In Ihls reptyt In ord8r to enable a proper underslendlng of thg aOunts lo b8 reached. Am2rtL4 S Rouse FCCA DChA Kr•ston R••v•¥ LLP Marrtirne Place Quayside Chalham MaTilime Chatham Kent ME4 4QZ Date.. 20 November 2025
Tho Medway Mission to Mariners statoment of financial activities For the year ended 5 April 2025 Endowment Unreslrlcted Funds Fund8 2025 Total 2024 Total Note Income and endowm*nt$ Investments 27.971 27,971 28,590 Expendlturè Cost of grant making Royal Naval Benevolent Trusl for Pembroke House, Gllllngham H05Pital of Sir John Hawkins - Tralnee Cadet8 - mental awarene88 Mlsslon lo Seafarers 113,120> 113,120) (6,500) 115,540) 115,540) (10,0001 {2.2241 S,0(Ki 5,000 (33,6601 (33,6601 (18,724) Charllable actlvitle8 Trustees expenses - Annual relum fee Independent examlner's fee <720) {7201 1744} (2,013) (2,0131 {1,847) Cost of ralslng fund8 Exchange loss Investmenl m8nagem8nt costs {1) 8,839 (1) 6.839 (522} 6,710 Total oxpendlturo 6,840 {36.393 43.233 28,547 N•t In¢omellèxpandlture) bgforo galns and losses on investments (6,840) {8.4221 (15.2621 43 N•t galns and losses on Investments 42,519 42,519 30.250 Not movements In funds (49,359) (8.422) {57.781) 30.293 Total fund$ brought yoard 817.615 18,128 835,743 805,450 Total funds carried forward 768,256 9.706 777.962 835.743
The Medway Mlsslon to Marlners Balanco sheet For the year endod 5 April 2025 2025 Total 2024 Total Noto Flxed assèts Investments 3 745,766 772,851 Current assets Cash at bank 35,856 66.427 Current15abllltlos Credltors 3,660 3,535 Net current a$set8 32.196 62,892 Total assets 777.962 835.743 Represented by Endowmentfunds Capltal fund 7 768,256 817,615 Unrestrfcted funds Incom8 and expenditure account 9,706 18,128 777,962 835,743 Approved by the Board of Trustees on 20th Novernber 2025 and signed on Its bèhalf by Trustee Trustee
The Medway Ml¥$lon to Marin• Not•s to th• flnanclal stat•ments For the year.ended 5 Aprll 2025 1) A¢¢ountlng poll¢l¢s Basls of preparan Th? financial slalements have been prepared in accordance wlth AccounJng and Reporting by Charities: Siatemenl of Recommended Pracilce applKable lo charilles preparlng Ih&lr accounts In accordance wlth the FinarKial Reporting Stsndard applicablo in thè UK and Republic of Irèland is$L1 h October 2019. the Flnanclal Repong standard applible in the Unlted Klngdom and Republi¢ of Ireland (FRS 1021. the Charit5es Act 2011 and UK Generally Accepted Accountlng Practlce. The financld statements have been prepared to give a'true and fairf view and have departed from the Charlties (Accounls and R8POrts) Regulatlons 2008 only lo tho extent required to provide a Irue and fair vithrf. This deparbjre has Involv followng thè Accounting and Reporting by Charllw: Statement of Recommonded Pracltce applicable to charlles proparlng their accounts In accordance th the Flnanclal ReporUng Standard applicable in the UK and Republic ol Ireland issued in October 2019 rather than the Accounting and Reportin9 by Charities.. Statement of Rec4mmended PTactic& effeclNe from 1 April 2005 whlch has slnce been wlthdrawn. The17n8nclal statemlS aro prepared on a gokng conrAgm basls under Iho historkal cost convention, modified lo incktde certain items at falrvatue. Th8 financial slalements ar8 presented In slerling is the lunctional cwrency of the charity and rounded to the n8aTest pound. The Medway Mlssion to Marts$ Ccnstllutes a puLqic berfft gntlty as defined by FRS 102. Funds StruGtur• GgneTal funds are unrestricted fvnds which aro available for use al the dlscretlon ol the Trustees in lurtherance ol the general obleclives of the charty and whlch have not bèen deslgnaled for other purpl$. Incorne All Incomè Is rècognlséd oncé tho charty has énUtl8m6nt lo thè Incom8, It is probabl8 that the income will be recerved and Ihe amount of income receivable can be measured rellably. Income tax recov8rable in relation to trweslmenl kncome h r8cognlsed al the Wme the Investment IncoTne is rece5Vab. Expendlture Expendlture Is recognbsed once there b a legal or construcllve obllgation to trdnsfer economic benerrt to a third party. il is probable Ihal a transfvr of eccfflomic benefils will be- required kn settlement and the amount of the obligatlon can be measured reliably. Charitable activitie5 a costs incurred on 1he Ltharit8 operations. inclu¢thng sUPPOrt costs and costs relating to the governarKe ol the tharity apportioned to Charitable aclNilies.
The Medway Mlsslon to Marlners Notss to the tlnanclal statem•nts For the year ended 5 Aprll 2025 1) Accountlng pollcle3 (contSnuodl Interest rèe•iv8ble Inleresl on fijrmls held on deposll Is inckJd8d wh8n rècefvable and the amount can be Measured Teliably by th8 Charilyi thls Is norwnally upon notification ol the Interèst paid or payabla by thè Instilullon wlth whorn Ihe funds are deposited. InveBtmènts Fixed asset investments are a form olfin8nci81 inslrum&nland are Inlllally recognfjsed al Ihelr Iransacllon cost and subsequently measured al falr value al the Balance sheet dale, unless fair valuè cannot be measured rallably In which case11 Is measured al cosl18ss Impalrment. Snve51mentgalns and losses, whether rèalised orunrealised, are combined and shown In the heading 'Gainsl(lossesl on Investments, In the StaleTnenl of financial aclivili6s. Debtor8 Trade and other debtors are reco9nlsed at the Bolllemenl amount after any trade dls¢ount oflered. Prepoymen18 arè valuéd al the amount prepaid nel of any trade dlscounts dua. Cash at bank and In hand Ca$h al bank and In hand Includes cash and short term hlghly Ilquld Investment6 wlth 8 short m81urily ofthree months or1888 from the dale of acqulslllon or openlng of the deposlt or Simllar acoounl. Llabllltlès and provlslon¥ Llabillues &re recognlsed when there Is an obligation al th8 Balance shgeldale as 8 result of past event, il Is probable Ihal a Iransferof economic benefitwill be requlr8d in selllemenl, and th8 amount of the settlem¢nlcan osllmaled rellably. Llabllllies are recognlsed atlhe amountthal thè eharlly antlclpates Itwlll pay lo sellle the debt orlhe amount il has recelved as advanced paymenls for the goods or services it musl provide. Provlglon8 are measured at the be51 estimate ol the amounts requId lo settl8 the obllgalSon. Whoro Ihe èffect oflhe tlme valu• of money is malerlal, the provision is based on the present value of IfK)8e 8mounts, discounted al thè pre-lax dlscounl rate that refleGls Ihe risk8 8pedfK k) the liability. The unwlnding of the dlscounl Is recognlsed within interest payable and Similar charoes. FlnanGlal Instruments The charlty only has financlal assets and finanGial liabililios of a klnd that quallfy as basi flnanclal Snstruments. Basic financial Instruments ar8 Inlllally recogni attransaclon va& and subsgquenlly me8sured al Ihalr settlement value. Golng Goncern The Trus188s assesswhetharlhe use ofgoing concam Is approprf8tg1.8. wh8lherthere are any material uncertAlnlies related lo events orcondillons that may cast significant doubton the ability of the Charlty to conllnue as a golng concem. The Trusteès make thls as8es8menl In respect of 8 perlod of al least one yeor from the dale of aulhoris8tion for issuè of the ffinanclal stalemenls and have condud8d Ihal the Charity has ade9U8te resources lo continue Sn operational 8xistence for the fofeseeable fvlure and there are no materi81 uncertainles about the CharSty'$ ability to conlinve as 8 golng concom, thus they continue to adopt the going concem basls of accounllng in preparing the finan81 slalements.
Th• Medway Mission to Marlners Notes to the financlal Statements For the yèar ended 5 Aprll 2025 2} Investmont Income 2025 2024 Dlvidend8 Donatlons Inter8St 27,234 27,853 10 727 737 3) Invetstmènt Summary 2025 2024 Market value 6 Aprfl 2024 Aequisilion8 Dlsposals al openlng market value Net galns on revaluation 772,851 106.600 195,9011 784 764,078 70,143 195,6831 313 Market valu6 5 Aprll 2025 Hlslorlcal cost 5 Aprll 2025 41 Cash et Bank 2025 2024 Curr8nl aecounl Chade¥ Slanley deposlt 10,864 18,444 Sl Cr•dltor8 2026 2024 Accrual8 61 Endowmgnt Funds 2025 2024 Capltal Fund Balance brought forward 6 April 2024 Loss on sales of Investments Exchange loss Revaluation ol inveslmnts BTokers fees 817.615 (4,7351 794,597 14,0631 {5221 34,313 137.784 Balance carried forward 5 April 2025 10
The Medway Mlsslon to MarlnÈTS Notès to the financlal statements For the year endod 5 April 2025 n Unrestrlct•d Funds 2025 2024 Income and expendlture aGGount Ba1ce broht forward 6 April 2024 {Deficitysurplus for the year 18,128 10,853 Balance carried foard 5 April 2025 91 Analysls of net assets bthegn funds Endowment Funds Unre5tri¢tgd Funds Total Fund Balances at 5 Aprll 2025 are r•prosgntgd by Investments Current assets Current liabilities 745.766 24,060 745,766 35,856 11.796 Total net assets Unreali5ed galns Includod above On investments 126 190 126 190 T(*al unreallsed galns at 5 April 2025 Reconclllatlon of mov8ments In unreallsed galns on Investments Unrealised gains at 6 April 2024 In respetl of disrA)sals Losses on revaluaOn$ In the year 163.513 461 163,513 461 Unrealised galns at 5 April 2025
Thtr Medway Mlssion to Marine Notes to the financlal statements For the year ended 5 ApTII 2025 9) Truste?$' remuneration and exppn5es During the y8ar, no Truste8s rec8iv8d any remuneration (2024 £Nil). During the year, no Tnjstees received any benefits in kind12024 £Nill. . Durlng the year, 2 Trustees rèceived re-imbursementof èxpenses amounllng to £720 {2024 £720). 10) Related party transactlons The Charity has not entered Into ary stgnificant relatèd paty transadions during the year (2024 £Nil) and there are no balarKes outstanding wtth any related parties at lh8 B818nce sheet dale (2024 £Nil). 12
THKMEDWAYMI Issior4 TO SEhMENTRUST IYOTES TO THE FIMNCtALSTATEMEf4TS POR THE YEARENDED srtt APRIL1025 2) INTmENTsUmMARy Markelvalut 2024 Acqu1¢1•$ Di5PQ# Pr•auiir•w) MArket YAhte BDDkYalue Valu411o 2025 2025 2Q25 90USSO.OWD25A61Jare$ Alphabct Im¢ 185 Capita] &ock USSO.001 Aml¢aT0WerCO1pTh 75 USSO.01 Comnh)th Skxk BlacknttkFtsnd MmagetsLtd 24,792.70 CotttMI3I EuroptslncomeD Units DiageoPLC 585 Ordinary28p 10111085baTes FitstTrnst Global Futt& I J3OUS Equityln¢om¢ ucrr5 ETFAUSD FRPAdirysory Gtory PLC 9.7400rdin3ry Ip$harcs Gcnuit GTOup PLC 2,3300tdthary O.Ipsbares GSKPL 1.128 OrdiTrary31.25psh3S HtymtRrilPLC I6,0(£0.01 Otds Hill & Smith PLC 839 Z5p Ords ]lliert¢kGrovp 250 Ipo¥ 19.795.75 3,784.76 (3.758.53) 19,821.98 11,4(ts.02 28Q.65 22,359.58 4514.89 284.70 11259.53) 16,869.86 10,166.49 9124 O.OD 0.00 0.00 D.QD 47,495.50 1921.25) 46.574.25 29.95621 1.610.52 16,669.58 14899.381 11.77Q.20 2.772.67 463.79 34.484.76 IL965.591 31519.17 24,718.32 I.8.1$ 11,079.25 657.45 11.736.70 IZ,%10.78 496.74 (2,667.851 7514.¥ 11524.36 288.92 18,38Q76 (2,391.J6) 15.989_4a 8.553.98 688.08 9,893. {7,8l3.QO) 2.Q80. 2623Q.00 16.19170 (3,003.62) l3.189.08 10,397.17 375.36 12.105. 218.637.98 755.QO (29,777.661 11.350.00 188,414.89 15,716.67 171229.67 519.75 5.622.20 1784.76 4,S14.89 284.7Q
THE MEDWAY MISSION TO SEAMENTRiJST NOTL5 TOTHE PIN14NCIALsfATEMENTS FOR TAEITARENDED STI[ APRIL2025 ¥ tNVEsfMENTSUMblARY Matk¢t val¢ 2024 Acqulsltlo PrnllV(loss) Cbange In Valuallo rktt v4lu¢ 2025 BoDkvalut 21b25 2025 Broug forward Johwn &Jths0Th I6D $1 -Kim GrwpAG 294 Ord5 Matthews IntetD&tioMalFund5 2,689.88 hiaDiYidrnd l (IBP Dasl units JPMot8anFlobalEmewllsM3rkets IncorneTTu# 155SD£O.01 Old5 NabOn81 Grid. 2.853 Ot¢linary12.431289p sba[es NcxE¢Tr EnErgylnc 300 ML*kSO.01 Phi)enix GroupHoldin8sPLC 1603 Ordary IOp5hatEF 218h37.98 3.784.76 4,514.89 284.70 I29.7770 181414.89 171,229.67 5.62220 19J27.E6 (385J 1&942.31 15.143.93 519.60 11142.52 9JOS.16 12.837.3 O.OD 127.69 o.oo o.oo o.oo 0.00 0.00 ZO.681.50 I188.50) 19593, 23A48.24 839.70 22.818.97 4,153.8 2,52725 295OD.02 18.680.03 1.316.08 15265.79 252.97 15.518.76 11)335.11 414.32 14.590.58 1439.731 17.893.74 1.420.44 220 (kds£0.11) Reix PLC 615 £&.1444 Otd5 RioTinto 350 oraary lop SWIPLC 875,3. sh5 0.07Eo S¢bKocderUnii Trusts 51,5W Asian IncomEMaximi5¢rZDi8 S¢htoed¢rUmiL Trnsts 46175 US EquityIncoTneMaximiserZDis Smiths IDS) 5.260 ICY Ords Vod8fon¢fjroiip PLC 10,334 OrdinarySO.2095238 shat¢s 9.405.IM> 1.775.40 13J77.14 431.86 20.405.70 3,Q62.70 25.8.40 5J3&98 369.IH) 17,410.75 (2574.251 14.836.50 L.183.10 24,325.00 I211.87) 9.633.64 94421 23.437.65 (2214.501 21.223.15 26.876.16 1.727.21 34.101.56 12.709.37) 31,392.19 25,20325 1.67).11 21,566. 19266.32 (2,299.681 0.00 _oo 7.087.06 7.486.52 399.46 0.00 o.oo 391.65 48L,204.22 7,938.56 40.572.89 4A52.88 4Q9,933.90 348.841.Q9 16.977.07
THEMEDIVAY MISSION TO SEAMVN TRUST NOTESTO TIIEFINANCIAL STATEMET4TS FOR THE YEARENDED STH APRIL2025 2) INVESTMENT SUMMARY M*rkot Yiiuè IQ24 A¢quisitioMs Dl$powl FrDIIVOos1) chE¢ In Mirknt Yalue 2•15 bookv•lu¢ 2025 2025 BNY Mdlon FundMtha8141 24,143.55 Unlts R1 RGlum lrtiil W GBP Dis Chorili¢4 orriGlul Invtstm¢ni ruttd 2330.43 liicomesharrs FP Foresight OEIC GkbDI Rallnframrnrttwe 20NO Unl Nindy On¢fvind M•Mi¢rs UK 23.838.729 Vnits Divusifjcd JI Incon ]niunlOniI Public Pfjrthtrmhip 16,295 Ip Ord 4h&r MAN UKICVC 19.720MAN ABST VDlu¢Profe55ionbl CX A¢¢ Polircopltal Yundi 424ts1SttiiI Olobal Insuranco E 10,OOil Units To¢hnologyTrurt£O.025 RIT Cppiifyl PArtn¢rs 1,265 0rdin4ry£18h$ SchToEder Unil fnuts 29,¥58.73l5 Strnt•8ic CTcdil L Dl¥ 0.00 O.OD 44.630.90 (2,045.5ll 41.983.39 6,709.92 1239.46 19.592.23 310.2Q 19.902A3 27h99.05 766.28 21,564.51 ZI.Q78.40 20,368.75 12,509.431 17,859.32 1,344.34 33J55.62 1502.10) 31853.52 33,355.62 30.765.46 29.9S0.QO 4J96.52 {3.6QO.001 4l.261.98 26,350,QO 8,654.21 23.184.10 901.8S 0.00 21,884.50 784.30 22.668.80 13,572.36 493.36 26 S20.53 221 76.¥¥ 209.01 26,729.S4 229 610.9¥ 29 727.12 164 40R.SI 1,646.00 6 562.41 33 335.62 21.071A Tre4wryJ.5% Bond5 22110Q023 £1.000 2J.110 Siork TTewJry4.62Yl¢ Bonds 3110112034 £1,0 £39.L20 Stock TTEthJry214Y& IAdexUMked 2024 £7W Sio¢k AxaFixed In¢pT¢-S¢1cdil Short Dw41iottBond$ 16.982.81 Units Tt¢asury4.25% Siock2027 £24.S25 St(Kk ts.00 25,012.40 2),IX17.05 23,012.40 204.11 0.00 40.293.52 (418.501 39.87S.02 40.293.52 ,366.92 29jlO,10 29,513.99 203.89 J68.92 16.J28.40 169.13 16,498.03 16.057.12 712.03 24,7Jl.Dl 70 369.51 IIOJ6 143.8 24,841.37 1O6.221.47 24.963.7J l06.326.79 1.042.32 3.694.30 65,305.92 29,513.99 205.89 SVT+lMARY Equili¢s Olotral InvultnentFNnd$ FixedJDL¢ttsI S¢curiti¢s 481.204.22 221,Z76.88 7D.369.51 7.938.56 31,355.6Z 65,305.92 40,57189 21.078.40 29J13.99 14,452.881 {34.183.11) 13A57.011 1143.16) 409.933.90 229.610.98 I06,221.47 348,841.09 164,4V8.51 106,326.79 IG.977.07 562.41 3.694.30 203.89 772.850.61 106.600.10 91.165.28 4.735.10 7,783.98 745,766.35 019.576.39 27 233.78