##
##
##
|Charity Information||||
|---|---|---|---|
|Trustees Annual
Report|||2-4|
|Independent
Examiners'|Report|||
|Statement ofFinancial Activities|||6-7|
|Balance Sheet||||
|Notes to the Accounts|||9-16|
|The following pages do|not form part ofthe statutory|accounts||
|Detailed Statement ofFinancial Activities|||17-18|
|Detailed Balance Sheet|||19-20|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||t|M|00|||||||||||O|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Ch
00|00
M|Ch
Ch||||CV
CD||VO
O|||hl
O|~|O|
||||Ch||||||O|O||||||00
Ch|
||||mOt
t
O
OO~
O O
Ch
C 00 O|||O|||00
A|||||W
Ch|W
Ch||
||||||V1|Ch
Ch||||||||Ch 00
~O|||
|o o
cC ag|||||||||OOO|O
OO|OOO|||||OO
O|
|gA|||||||||||||||||
||||O
O
O|I|I|OOO|||OO
OO|OOO|OO|||||OO
O|
||||00||||||||||||||
||||mOt
O
&O~
V) O
Ch
a 00 O|||OO
C)||Ch
H|00
00
O|||||W
Ch
t|Ch
M|Ch|
|||||||Ch|||00|Ch||||Ch 00
~O|||
||8o|N|||||||||O|||8|t||
||||||M||||||||||||
||cn
g
Q|g|M
Q
Q|r/I
Q|||||||Sl|se
Q
4tl
o
lssl|~~
rn
g
Q|8|0|8'6|
||||~g6|||Io|~ ~
ap
~|cn
V
"Og
OQ
ca||8
C4|C4
.8|||6
C5|o
P|4k8
g|
||8z|||||o||||o||o
+
wO|||||
|C0|C0|||||
|---|---|---|---|---|---|
|||rt||||
|CS|CO|||&D||
|||||CO||
||CO|||||
|OO
Ch|00
Ch|00
Ch|lA|||
||||Ch|||
|Ch
OO
CO|Ch
QO
&O|OO
CO|C)
C)
CV|||
|||CO|&D|CO||
||CO||CO|CO||
|&D
CO|C&
C&|C5
C&|CO
C0|CO||
||||||+J|
||||OO|||
||||||0|
|CO|CO|&D||||
|&D||CO||||
|CO|CO|CO|Ch|||
||||Ch|||
||||CO|||
||||||P.|
||Vl||Ch
Ch||~O|
|Ch|Ch||C0|||
||||||0|
||||&D||Ch|
||CV|||||
||||CV|||
||||||0|
##
##
||Note||2022|2021|
|---|---|---|---|---|
|Fixed Assets|||||
|Investments|||1,889,002.21|2,024,503.86|
|Current Assets|||||
|Debtors|10|||5,000.00|
|Cash at bank and in hand||157,648.69||147,380,65|
|Total current assets||157,648.69||152,380.65|
|Liabilities|||||
|Creditors:
amounts
falling due|||||
|within one year|11|24,539.72||23,683.80|
|Net Current Assets|||133,10S.97|128,696.85|
|Total Assets Less Current Liabilities|||2,022„111.18|2,153,200.71|
|FUNDS OFTHE CHAMTY|||||
|Unrestricted
funds|12||1,936,531.46|2,060,770.99|
|Restricted funds —Bursary Scheme|12||8,179.72|10,929.72|
|Restricted funds—|||||
|Jean Wilkinson
donation|12||77„400.00|81,500.00|
|Total Charity Funds|||2,022,111.18|2,153,200.71|
##
##
##
##
##
##
##
##
##
##
##
|YEAR ENDED 31DECEMBER 2022|YEAR ENDED 31DECEMBER 2022||||
|---|---|---|---|---|
|NOTES TO THK ACCOUNTS - continued|||||
||||2022|2021|
||||g||
|2.|DONATIONS
AND LEGACIES||||
||Donations||24,854.73|28,605.70|
||Donations
towards bursaries||8,250.00|3,969.50|
||Legacies||9,500.00|47,413.97|
||Income Tax repayable
on donations||||
||||42,604.73|79,989.17|
||Jean Wilkinson
Legacy is arestricted|fund for Douglas|Hunt, any surplus
fund on death will||
||be distributed
equally between the Hunt Servants Fund||and Hunt StaffBenefit Society.||
|3.|OTHER TRADING ACTIVITIES||||
||Polo Day at the Beaufort Polo Club||3,800.00|12,758.33|
||||3,800.00|12,758.33|
|4.|INCOME FROM INVESTMENTS||||
||Dividends
-Unit Trusts||52,650.34|42,789.88|
||Interest - Unit Trusts and Government|Stocks|196.52|187.50|
||Interest on cash deposits||244.41|14.40|
||||53,091.27|42,991.78|
##
##
##
|||2022|2021|
|---|---|---|---|
|CHARITABLE|ACTIVITIES|||
|Allowances||4,100.00|4,000,00|
|Grants||48,620.00|58,784.50|
|Bursaries||11,000.00||
|||63,720.00|62,784.50|
|GOVERNANCE
AND|SUPPORT COSTS|||
|---|---|---|---|
|Use ofoffice||23,403.10|23,237.00|
|Investment
Management|fee|9,529.85|9,331.36|
|Independent
Examiners'|fee|3,000.00|3,000.00|
|Legal fees||3,373.20|6,186,70|
|Bank charges||162.07|150.05|
|Exchange differences|||(657.00)|
|||39,468.22|36,105.93|
##
##
##
|NOTES TO THK ACCOUNTS - cont|inu|ed||||
|---|---|---|---|---|---|
|9.
INVESTMENTS||||Market value|Market value|
|||||31December|31December|
|||Nominal|Cost K|2022 K|2021 E|
|Held throughout
the year||||||
|Trojan Income Fund||24,827|47,741.08|43,050|50,396|
|Liontrust (Majedie) UK Equity Fund||55,000|72,284.20|79,403|89„920|
|Schroder Charity Equity Value Fund||111,769|74,091.67|69,811|72,616|
|Cazenove Charity Equity Income Fund||450,000|143,333.71|227,430|222,975|
|Polar Capital European ex UK Income Fund 2,000|||14,520.00|18,600|18,020|
|Vanguard
S&P500ETF||820|22,323.50|49,260|54,796|
|Findlay Park American Inc||405|22,113.11|52,888|59,726|
|Schroder Asian Alpha Plus Fund||29,000|35,958.17|32,625|36,714|
|RWC Global EM Markets||200|19,977.39|18,798|22,433|
|Polar Global Insurance
Fund||4.700|24,979.77|36,592|29,844|
|M&G GI Dividend||57,977|39,522.18|72,511|71,334|
|Fidelity Global Dividend||48,128|29,854.00|48,321|49,428|
|Atlas Global Infrastructure
Fund||300|34,945.18|41,184|39,572|
|Ninety One IIIGlobal||17,000|27,854.60|26,768|30,746|
|Wellington
Global Healthcare||4,695|34,371.34|46,984|46,841|
|Schroder Sterling Corporate Bond||128,000|64,861.27|61,491|81,664|
|Schroder Strategic Credit Fund||490|50,825.80|41,918|47,557|
|Morgan Stanley GI asset backed security||1,555|38,889.71|35,300|38,767|
|Capita Trojan Investments
Fund||34,000|63,497.09|105,006|109,116|
|CG Absolute Return Fund||700|91,357.00|94,801|99,225|
|Brevan Howard Absolute Return||269|26,618.70|29,625|27,893|
|Charities Property Fund||114,700|123,893.93|144,706|157,070|
|Property Income Trust for Charities||60,549|49,666.11|51,267|55,445|
|iShares Physical Metals PLC||1,425|36,918.67|41,938|37,499|
|Schroder SSFDiversified
Alternative|Assets 1,000||103,399.00|102,980|115,897|
||||1,293,797.18|1,573,257|1,665,494|
|Purchased
during the year and held at year||end||||
|BlackRock iShares Japan Equity Index Fund24. 531|||24,324.94|22,473||
|Fedt Hermes Unc Credit||39,000|36,730.20|32,686||
|Fidelity Gl Dividend||15,000|15,041.55|15,060||
|Neuberger
Berman US Large Cap Val||5,600|61,082.00|61,152||
|1.25 UK Treasury Gilt 22.7.27||45,000|44,502.30|40,482||
|Morgan Stanley GI asset backed security||800|19,120.00|18,160||
|JPMorgan GBP Liquidity
LVNAV Fund||8,954|8,954.13|8,954||
|Var'/0 UK 2006-22.11.27 Treasury Stock||12,000|24,407.15|23,274||
|L&GMulti-Strategy
Enhanced Commodities4;572|||56,428.24|52,020||
|Invesco IIUS US Treasury Bond||1,200|41,796.00|41,484||
||||332,386.51|315,745||
||||1,626,183.69|1,889,002|1,665,494|
##
##
##
##
|9.
INVESTMENTS - continued||||||
|---|---|---|---|---|---|
|SOLD DURING THE YEAR||||||
||Nominal||Cost|Proceeds|~Gain/ Loss|
|iShares Physical Metals PLC||800|20,726.27|20,685|(41)|
|MU Lyxor Core US TIPS||400|45,253.72|44,391|(863)|
|Vanguard
Japan Stock Index Fund||140|22,126.95|24,300|2,173|
|Fedt Hermes Unc Credit|37,000||39,612.20|36,674|(2,937)|
|Schroder Global Recovery-Fund|20,000||12,043.39|13,078|1,035|
|BlackRock European Dynamic Fund|11,000||19,751.75|27,864|8,112|
|T.Rowe GI Technology
Equity Fund||2,000|23,529.18|35,120|11,591|
|Blackrock iShares CNY Bnd-S-USD-Dis||8,476|66,167.09|67,691|1,523|
|Schroder Global Recovery-Fund|60,000||36,130.17|38,550|2,420|
|Schroder Charity Equity Value Fund||8,231|5,456.33|4,906|(551)|
|Wisdomtree
Enh Cmdty ETF-GBP-Inc||4,000|39,548.21|52,397|12,849|
|JPMorgan GBP Liquidity LVNAV Fund|31,046||31,045.87|31,046||
|CG Absolute Return Fund||60|7,830.60|8,209|379|
|Capita Trojan Investments
Fund||6,000|11,205.31|18,551|7,345|
|Invesco EQQQ Nq 100ET||100|28,383.44|24,729|(3,654)|
||||431,050.20|448,191|39,381|
|Purchased
during the year and sold during the||year||||
||Nominal||Cost|||
|Wisdomtree
Enh Cmdty ETF-GBP-Inc||4,000|39,548.21|||
|Invesco EQQQ Nq 100ET||100|28,383.44|||
|JPMorgan GBP Liquidity
LVNAV Fund|31,046||31,045.87|||
||||98,977.52|||
|Purchased
during the year and held at year end|||332,386.51|||
|Total purchases|||431,364.03|||
|YEAR ENDED 31DECEMBER 2022|YEAR ENDED 31DECEMBER 2022|||||
|---|---|---|---|---|---|
|NOTES TO THE ACCOUNTS - continued||||||
|9.|INVESTMENTS - continued|||||
||Su~ary|||||
||Fixed Asset Investments
Summ|||||
||uoted Investments|||||
|||||2022|2021|
||Market Value at 1 January 2022|||2,024,503.86|1,712,540.00|
||Additions
and conversions
during|the year||431,364.03|518,038.26|
||Accumulated
income|||||
||Disposals and Capital distributions|during the year||(457,987.26)|(373,691.13)|
||Equalisation
relating to units purchased||in prior years|(502.47)||
||Rebate relating to stock purchased|prior years||||
|||||1,997,378.16|1,856,887.13|
||Net unrealised
investment
gain/(loss)|||(108,375.95)|167,616.73|
||Market Value at 31December 2022|||1,889,002.21|2,024,503.86|
|10.|DEBTORS|||||
||HSBSoffice facilities paid in advance||||5,000.00|
||||||5,000.00|
|11.|CREDITORS: amounts
falling due|within one year||||
||Investment
Management
fees|||2,336.72|2,446.80|
||Independent
Examiners'
fee|||3,000.00|3,000.00|
||HSBSoffice facilities|||18,403.00|18,237.00|
||Pensioners'
Christmas
bonuses|||800.00||
|||||24,539.72|23,683.80|
##
##
##
|NOT|ES TO THK ACCOUNTS —continu|ed|||
|---|---|---|---|---|
||||Restricted|funds|
|12.|FUNDS|Unrestricted|Bursary|Jean Wilkinson|
|||Funds|Scheme|Donation|
||Balance at 1 January 2021|2,060,770.99|10,929.72|81,500.00|
||Incoming resources|91,246.00|8,250.00||
||Resources expended|(97,313.15)|(11,000.00)|(4,100.00)|
||Other recognised
gains/(losses)|(118,172.38)|||
||Transfers between
funds||||
||Balance at 31December 2022|1,936,531.46|8,179.72|77,400.00|
##
|were|as f|oll|ows:|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Hunt||Hunt Staff|
||||||||Servants'|Fund|Benefit Society|
|Polo|Day|at|the|Beaufort|Polo|Club|(E5,425)||K5,022|
##
|||O
C
Ch||'|Yl
QO O O
~
QO
QO
Vl
QO
QO|QO
Ch|O 4 O O v)
OMOt
O
t MO'4O
O
QO|O 4 O O v)
OMOt
O
t MO'4O
O
QO|O 4 O O v)
OMOt
O
t MO'4O
O
QO|O 4 O O v)
OMOt
O
t MO'4O
O
QO|I|M
OO
t|O
QO||O|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||aO
O
OO
OO
V)||'|O&HM
O
OOC)C
O&thZ
QO 4) M hl|OO
VO
Ch|O V) O
QO O
m
Ch O
OHOt
M O||O
H
M|t
rh
O R
W W
CH||I|OO
t|O
O
O||
|||m
Ch||||Ch||Ch M|~||Ch|||||
|||||||Ch||||||||||
|sl0||||||||||||I|O||O|
||||||||||||||O||O|
|CI||||||||||||||||
|||I
OO||||O
O||||||||OO
OOO|OOOOO|
|||QO||||QO||||||||||
||Ql|mO
t
O
&O
~O|'||OCCAM
O chart.
OOI4rt
OnCh&
QO|OO|O
WOO t
QO O H O
Ch O
OAOt
W m O en M||||m
Ch
W||OO|||
|||Ch||||||Ch||||||||
|||||||Ch||||||||||
||||||O||QO|O
O|||QOO|Vl||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||CI
Ch|O
CI|O|m
O|O
CIO|||t
e|O
O|QO
QO|
||||||QO|||||||QO||
|||||Ch|Ch||CI|||||||
||||||||||||||O|
||||||||||||||Ch|
|||||OO
CV|||OO||||O|O
VO|O|
||||||||Ch|||||||
|||||||O|QO
QO||||||O|
|g|8|0
g
0|Ml|OOO|OO
O
CI|OO
OO|||||OO||CIO
O|
|||||QO||||||||||
||||||OO|C|||I|I|I|||
|||~
O|Wl|Ch
CV
ChO|O|Ch
QO||||||||
|||||Ch|m|||||||||
|||||Ch
O
l|Ch
CV||(V
OO||||4&
W|O
VO|O|
|||||O|||Ch|||||||
|||||O|||QO
QO||||||Ch|
||||||||||||0|||
||||||||||||0|||
|||||Q|O|||||||||
|||||0 L'~4'|w|||||||&0||
||||||||||||a5|||
|||||v|g|A|||||w4 o
+ax|||
|||||os%||Kl|||||col
N
OO|||
|QO
QO||OOO
OOOO
OCt
Ogm||O
QO
QO|OO|
|---|---|---|---|---|---|
|||QO||||
|ChO||OOOO
OWCIO
O
4& cn O
OOOO||||
|||CD m W|QO|||
|||fh W
QO||||
||||||O|
|CDO|I|I
I
I|I||CDO|
|O|||||CD
CI|
|C||||||
||I|I
I
I|I|||
||||||Ch|
||||||QO|