HUNT SERVANTS, FUND
RfiPORT AND FINANCIAL STATFMFNTS
FOR THF YFAR ENDED 31 DECEMBER 2023
Regi.4tcred Charity Number 229974
MCA Banbury Ltd
Chartered Accountants
Units 4-6
The Wharf Centre
Wharf Street
Warwick
CV34 5LB

HUNT SERVANTS, FUND
ANNUAL RFPORT AND ACCOUNTS
YEAR ENDFD 31 DEI CEMBER 2023
CONTENTS
Chai'ity liifoi'mdlion
Tiustees Annu¢il Report
Independent Examinei's, Repoi'l
Statcmenl of Financial Activities
Balaiice Sheet
Notes to thc Accounts
9- 16
The followin¥ p#ges do not form part of the statutory accouiits
Detailed Sialement of Financial Activities
17- 18
Detailed Balance Sheet
19-20

HUNT SEI RVANTS, FUND
CHARITY INfiORMATION
Ti'uslees:
T.R. Easby
R.E. Gi'eenwood
Hon. Mis. R.A. Vestey
A.1. Jackson
Chai'ity Nuinbei.:
229974
Chai'ity offiLes'.
Overley Bai'n
Daglingworih
Cii'encesler
GloucesteiEhiit
GL7 7HX
Indcpendeiil Examiner..
Marlin Cox FCA
MCA Banbury Lid
Chaitered Accountrin¢s
Unit.8 4-6
The Whaif Cenlie
Whai-F Sts'eel
Warwick
CV34 5LB
Baiikets..
BaiLlays Bank PIC
Leicester
LE87 2BB
Investineiit Maii<igers'.
Cazcnovc Capital
l London W(111 Place
Londo
EC2Y SAU

HUNT SERVANTS, FUND
ANNUAL REPORT
YFAR E4NDEI D 31 DECF.MBER 2023
The Trustees pi'esenl theii. Repoi't aiid financial statements foi. the yeai. cnded I l December 2023.
The findllLi£il statements have bcen pi'epaitd iii accoi'dance with Ilie accouiiling policies %ct uul in
nolc I to the accounts and comply with the Chaiity's ti'ust deed. the Chai'ities Act 2011, and the
Aceoiinting and Repoi1ing by Cliai-ities.. Sialemciit of RecommeiidLd Pi'(Iclice applicable tu Lhdi'ilies
pi'ep<ll'ing Iheii. accounis in (iccoidance with the Financial Reporting Siaiidai'd IFRS 102) (published
in Octobei. 20191.
Sti'ucture> governanLe and Inanagement
The Hiint Sei'vanls, Fund is an unincoi'poraled ti'usl, constituted undei. a Declai'ation of Ti-ust ddted
25 June 1963 as ainended by scheme of the Commission dated 24 Februai'y 2{K￿ and is a RegistClEd
Chaiily, nuinber 229974.
The TiTr]stees al'e appoiiiled by the Boai'd of Ti￿stee5. The minimum number of Tru.qlee8 is two and
Ihere 1% no uppei- limit. When con.%idei'ing new Trustees regaid is given to theii. expei"ieiicc diid the Inix
of cxpei'ience foi. the Ti'u%tees as a whole. Coui'.%es aL'e made <ivailable to Ti'ustees when i'cquiird.
The Boai'd of Ti'uslee.% meet twice a year to agi'ee the biY>ad slratcgy and areas of activity foi. Ibe Chai-ity
dnd these al'e implemented by COL'i-espondence ai)d electroniL communications Ihi"oughout the year.
The Trustees have considered the major ri5kb to which Ihe Charity is exposed and have i'eviewed those
risks and established systems aiid pi-oceduiES lo manage those risks.
Objectives and activities
The objects of the Chai'ity as tollows..
(a)
to pi'oinote eduLalioii and Ii'ainiiig (i) amoing hunt sei'vanls and ihose intending lo woi-k a% such;
or (li) in itlaiion to maltei's coiicei'iiiiig tlie couiilr)1side and tlie ei)vii'oi)menl wlieihei. by the
Pl'ovision of findncial assistance oi. by such othei. means as the trustees may in theii. absolule
disciElioii think fit; or
lo i'elievc povei'ly amongst hunt 5ei'vants, their spou8es, widows, widowe￿, children and
i'emotei- i.8sue.
In planning oui. activities for the yeai. we kept in inii)d the Chai'ily Commission'% guidance on public
benefit.
Fundi'1< ising eveiils clre undeilaken .joiiitly willi IhL Hunt Staft Beiiefil Society. a Fi'iendly Society
which pi'ovide% post-i'elii-eiiieiil benefits foi. hLiiII sl<iff.

HUNT SERVANI'S, FUND
ANNUAL REPORT Lontiiilled
I'F,AR EI NDED 31 DECEMBER 2023
Objectives and aetivities continued
Application8 foi. d4.qi%lance dl'e invited fiDin liuiit servants who h<iVC beeij in full titnc emplnymenl with
one ()i' mol'e pack oi. packs of hounds. Thc Mastei's and Chairmen of the Hiints i'eceive IioliLes aiiiiually
i'emiiiding them of the availability of (his assistanLc. li is also Inentiuiied in vai'ious public<ltions
distributed lo hunt offiLeLE and .£taff.
The Ti￿S[CeS have disci'elion to awai'd allowcinces, graiits oi- pi'ovision of accoinmodation.
Dui'ing the ycai- the Chai'ily operated a Huni Siafl Bul'sai'y Schcine whel'eby bui'5ai'ies ai-c given lo
Hunts lo enable hunl staff to underlake slructUlEd training foi. a National Vocational Qualificdlion
Level 2 in Aniinal Cal'e and also develop theii. skills in lilei'acy and numeracy.
Achievenients and pei'formance
During the ycdr 43 beneficiaries received funds fi'om the Chdrity.
During 2023 the Charity did not hold any fund Laising events, either alone or held jointly in did of the
Hunt Staft Benefit Society and the Hunt Servantq, Fund. 111 2022 theiE was just onc event, the HSBS
Polo Day which took place at the Beaufoi'c Polo Club on 6, August 2022.
The chai'ity did not receive aiiy legaeies this yeai-.
FiDanLial review
The In¢iin ongoiiig soui'cc of income is from inveslmenl.% mainly in IEcogni,%ed unil IL'usls. Fundi'aising
evciits air noi'inally cari'ied out each yeai. in conjunclioii with the Hunt Siaft Benefit Society.
The Chai'ity's total incoine was £110,787 for the yeai. including iiivestinenl income of £53.874.
Expcndilure in the year wa.% £l11.436. Realised gains and uni'ealised gains on investment8 wei'e
£45,265 (nel gaiii) i'esuliing in a sui'plus for the yeai. of £44,616. At Ihe yeai. eiid thc ch￿.1¢Y lidd iiel
assets of £2,066.727, iiicluding inve%lment% woi'ih £1,933,286.
Policy on i'esei'v£s
The Trustee5' policy oli i'esei'ves is to maintain siich resci'ves as will pi'ovide sufticient income to
enable allow<lliCCS and gi-£iiils to be awai'ded lo the anlicipaled numbei. ot applicdnls.
The total fuiids as at 31 December was £2,066,727, of which Nil I'elated io the Bui'saLy Scheine aiid
£73,200 I'elated 10 a don<ili011 fi'om Ihe Jean Wilkinsoii Cliaritable Ti'ust.
Tlie TL'UStees I'egulÉirly review the iiinoiinl of fund% that the Charity I'equii'es to eiisure that they aL'C
adcqiilÉ te to fulfil tliL Chai'ity'% coi)tiiiuiiig ubligalions.

HUNT.SERVANTS' fiUND
ANNUAL REPORT eontiiiued
YEAR EINDE(D 31 DECLMBER 2023
Plans for future perii)ds
The chai'ity is not planning any fundraising events in 2024. It will continue to closely moniloi.
investments.
Trustees, respon%ibilities in relation to the finaiicial stateEnents
The law appliL<ible lo chai'ities in Englclnd and Wales I'equires Tiustees to pi-cpare fiiianci<ql slatenicnts
foi. each findiicial yeai. which give ¢1 ti'ue and fair view of the Chai'ily's findiicial activities dui'iiig ihe
yeai- 1£ lid of its position at the eiid ol the yedl-. Iii pi'Lparing financial slaleinents giving a tiTr]e aiid tail-
view. the Trustees should follow best practice and..
select suitable accounting policies and then apply them consi.Etently'
make judgemcnls and eslimales that are red.8onable and pi'udeiil.,
slaic whethei. applicable accounliiig 5tandai.ds <ind statements of recommended practice have
been followed, subject to any deparlui'&8 disclosed and explained in the financial slalcments,.
and;
prepare the financial statements on the going concern b1¢ sis unless it is inappi'opi'iale to presume
that the chdrily will continue in ope17tion.
The Trustees aiE responsible foi. kecping accouiiting i-ecoi'ds which disclose with reasonable accui'acy
the financidl positioii of the Charity and which enable them to asLci1din the financial positioii of the
Charity and cnsiire that the t'inaiicial slalement.s comply with the Chai'ilies Act 2011, che Clidl'i(y
(Accounts and Rei)orls) Regulations 2008, diid the pi'uvisions of the Ii'usl dced. The Ti'Lislees <irc
I'esponsible foi- salegudi'diiig the <issels of the Chai-ity and heiice toi. lakiiig I'easoiiable slep% foi. the
preven(ioii a
eclion of fi'aud arjd oihei. iri'egulai'ilies.
T.R. EASB Y
On behalf of the Ti'uslees
.2024

INDEPEINDFNT FXAMINFRS, REPORT TO THE TRUSTE4FS OF
HUNT SERVANTS, FUND
I report on the aecounls of the Ti'ust foi. the yeai. ended 31 December 2023. which al'e set on pages 6
to 15.
Respective respoiibibilities of trustces and cxaminers
The chaL1ty's tLUStee8 are iEsponsible for the pi'eparalion of the accoiints. The chai'ily's Ii'ustees
considei. Ihal dn audit is not iEquired foi. this yeai. iiiidci. section 144(2) of the Chai"ilies Act 2011 (the
2011 Act) and that ali iiidcpendent cxaminatiun is iieeded.
It is my i.e5poiisibility lo:
examine the accounts under Section 145 of the 201 l Act.
to follow the procedui'es laid down in the General Directions given by the Chaiicy Coinmission
undei- seclioii 145(5)Ib) of the 2011 Act; and
lo slate whethei- pai'liculai. mallei's have come to my atteiilion.
Basis of independent examiner'5 report
My examination was caiTied out in accoi'daiice with the Gcnei'al Direclioii%' given by the Charity
Commission. An exatDiiiation includes a L'eview of the accounting I'ecoi'ds kept by the chai'ily and <2
coinpalison of Ilie accounts pre.8ented with those i'ecords. li also includcs considei'ation of any unusual
items or disclosures in the accouiits, and seeking explanations from you as Ii'ustees concci'niiig any
such mallers. The pi'ocedules undertaken do noi providt all the cvidence that would be I'equii'ed in an
audit and consequently no opinioii is given ￿ lo wlietlier the aceounls present a 'true aiid fail- view,
and the repoi't is limited to those matters set out in the staiement below.
TndepeTJden( exaininers, stateinent
In connection with my examination, no matter has come to my alleiition:
(i)
which gives ine i'easoiiable cause to believe ihat in any matei'ial respect the requii'emenl,8'.
to keep accounting iecoi-ds in dLCOI'dance with section 130 of the 201 l Act; dnd
to pi-epare accounts which accoi'd wilh tlie accounting recoi'd% and comply witli Ihe
accounting trquii-ement% ot the 201 l Act
have not beeii Imct. oi.
(2)
to which, in Iny opinion, attention should be di-awn iii ol'der to endble a pi'opcr under.slandiiig
of the accoun15 to be I'edched.
. 2024
Martin Cox FCA
MCA Banbiii'y Lid
Chdi'lLI'ed Accounlaiit5
Wai'wick

tyo
mco
L)

HUNI. S'ERVANTS, fiUND
BALANCF. SHEI F.T
AS AT 31 CEMBER 2023
Note
2023
2022
Fixed Assets
Investmciils
1,933,286.38
1,889,002.21
Curreiit Assets
DebtoiT
Cash at bank diid in hand
10
12,826.01
153,089.25
157.648.69
Total curi'ent assets
165,915.26
157,648.69
Liabilities
CIEdilor.s-. amount.8 falling due
within one year
32,474.70
24,539.72
Net curi.ent Assets
133,440.56
133,108.97
Total Assets l.L'ss Current IJiabilities
2.066,726.94
2,022,111.18
FUNDS OF THE CHARITY
Uiiitsli'icted fund5
12
1,999,708.84
1,936,531.46
Resli'icted fund.q- Bui'sary Sclieme 12
(6,181.90)
8,179.72
Resli'icted flind.%
Jeaii Wilkiiison donalion
12
73,200.00
77,400.00
T()tal Charity ￿1ndS
2,OC)6,726.94
2,022,111.18
Appi'oved by Ihe Board ofTiu.slees on
.2024 and signed on its belialf by..
T.R. Easby
Notes oil page 9 10 16 toi'm P£ll'l of Ilie accouiils

HUNT SERVAN'rs' riUND
YEAR FNDED 3] DECbMBER 2023
NOTES TO THTr ACCOUNTS
ACCOUNTING POLICIES
(a)
The finaiicial statemenls are prepai'ed iindei. the hisloi'iLdl cost convention. modified by
Ihe Levalualioii of investments, and iii aCCOL'daiice with Accounting and Rcpoi'ling by
Charilie%'. .%ialement of Recominended Pi'actice applicable lo cliai'ilies prepai'ing theii.
accounis in accordancc with the Financial Repoiling Stand￿'d applicable in the UK
and Republic of Ii-elaiid issued in Octobei. 2019, the Finaiicial Repoitiiig Staiidai'd
applicable in the United Kingdom and Rcpublic of lieland (FRS I U2).
The Huiit5 Sei'vanls, Fui)d ineels the definiliun ot a public benefit enlily undei. FRS
102. The financial stateinenls have been pi'epai'ed lo give a 'li'uc Éind fair, view aiid have
departed fi'om the Cliaiilies (Accounts and Reporis) Reguldlions 2008 oiily to the extent
rcquiied to i)IDvide a 'lrue and fair view,.
These finaiicial staletnenls are pi'epared in Stei'ling, whiLh is the funclional cui'i'ency ol
the chaiily. No monetai'y amoiints have been i'ounded.
(b)
Exemption fi'oin prepai'ing a cash flow statement
The chai'ily opted to eai'ly adopt Update Bulletin l as publishcd on 2 February 2016 and
therefore has not included a cash flow statement.
(e)
Goiiig concern
The Iru%lee8 considei. Ihat thelt are no materidl uncei'tdinties about the charity's ability
to Lontinuc as a going concein.
(d)
Inve%lmenls
Inve%lmenl a5scIs c11'e included dl mai'ket value at tlie balance shect dale. Realised and
uni'edliscd gains on disposal oi i'evalualion of inve%tment% al'e incliided iii Ilie Statement
of FindllLial Activities.
Curi'enl assel iiivcstment8 are short term highly liquid inve51meiils and are held at
Inai'ket value. Thcse includc cash 011 deposit aiid cash equivÉilents with i< maturily of
less than one yeai..
{e}
Income
All incoming i'esources al'e included in the Stalement of Financial Aclivitics (SOFA)
wheii the chai'ity is legally entitled to the incoine.
(n
ExpendiluiE
Expeiidiluir 18 <iccounled foi- on dn acci'uals basis.
Expendiiure 011 chdl'ilable activitics includcs allow<inLes, gi-aiils ai)d biii'5ai'ies awai'ded
to beiieficiai'ie5 and govcrn<ince costs.. Govei'iiance costs compi'isc the costs of
accountancy and complianLL Witli consliliitioni21 and s1<ilulory I'equii'emeiits, inveslmeiit
management fees and administi'alion costs incui-i'ed in suppoi'ting the Ch￿.]lab]e
aetivities

HUNT SERVANTS, FUND
YEIAR ENDED 31 DECEMBER 2023
NOTES I'O THE ACCOUNTS - contiiilled
(g)
Siipport cost.s
Siippoi't Lo.%tb dlE those that asgist the woi'k of the chai'ily bul do not dii'cctly I'epi'esent
chai'ilablc aclivilie5 and include of'tice cost.% and govci'nance co.8ts. Wliei-e.4uppoi'( Lusts
cannot be dii'ectly <ltti'ibuled lo paitlLuldl' Iie¢idiiig% they havc been allocclted to Lost of
i'aisiiig fuiids and expendilure on chai'itable activities on d basis con4i.Stenl with u.%e of
the i'esoiii'ces.
(h)
Debtoi's and CIEditoi's
Debi(Irs and ciEditoi's with no slated iiiteiESt rate and receivable oi. payable within one
ycai. al'e i'eLUI-ded al li'ansaclion price.
Ttixation
The chÉU'ily is con5idei.ed lu pass the lest8 sel OLII in pai-agl'aph I Schedule 6 of Ihe
Financc Act 2010 and thei'efoi'e it Inecls the definili(In of a chai'itable coiiipany foi- UK
corporation lax purposes. Accoi'dingly, the chai'ity is potentially exempl fiom taxation
in respect of income oi. CÉlPltal gains i-eceived within calegoi'ies covei-ed by Chapter 3
Pai't I l of the Cotpoj'alion Tax Act 2010 01. SeLlion 256 01 Ihe Tax2É lion nf Chai'gcable
Gains Act 1992, to the Lxtent that such incoine oi. gains al'e ¢ipplied exclusively to
chai'ilable purposes.
DONATIONS AND LEGACIES
2023
2022
Doi)aiiuns
Donations loW￿'dS bui'sai'ies
Legc'icies
Incoine Tax iEP£iyable on donations
52,523.98
3,000.00
24,854.73
8,250.110
9,51KI.UO
25.00
55,548.98
42,C)IH.73
-10-

HUNT SERVANTS, FUND
YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUN'IS - eontinued
2023
2022
OTHER TRADNG ACTIVITIES
Polo Ddy al Ihe Beaiifoi't Polo Club
Sale of Chi-islmas cards
3,8110.IK)
1,363.47
1,363.47
3,800.00
INCOME FROM INVESTMENTS
Dividends - Unit Trusts
Inlei'est - Unit Trusts and Govei'nment Stocks
Intei'est on cash deposits
49,450.01
3,249.22
1,174.85
52,650.34
196.52
244.41
53.874.08
53,091.27
£53,874.08 (2022 - £53,091.27) of the above income was allribulable to unltsli'icted funds
and £nil (2022 £nil) to iestt'icted fuiids.
EXPENDITURE ON RAISING FUNDS
rundrai,%ing tr<iding'. cost of good.4 sold aiid othci. Losts
Polo Day at tlie Beaufoi't Polo Club
Christinas cai'ds
9.224.93
1,625.00
1,625.00
9,224.93

HUNT SFRVANTS, FUND
YEAR ENDFD 31 DECEIMBER 2023
NOTES 'fo THE ACCOUNTS - continued
2023
2022
CHARrrABLE ACTIVITIES
AIIowdllLe
Graiits
Bur.4ai'ies
4.200.00
48,330.00
17,361.62
4,100.00
48,620.00
I 1,000.00
69,891.62
63,720.00
£48,330.00 (2022 - £51,720.00) of the above expenditure was atti'ibulable lo umtsts-icled
luiids aiid £21,561.62 (2022 - £15.1 on.on) to I'eslricled flinds. Gi'ants of £52,530.00 (2022 -
£52,720.00) were made lo individuals ii) the year.
GOVERNANCE AND SUPPORT COSTS
Use of office
Inve51menl ManÉqgemeiit fee
Independeni Examinei's, fee
Legal fees
Baiik charges
Exchange differences
26,704.08
9,312.98
3,720.00
23,403.10
9,529.85
3,0(X).00
3,373.20
162.07
182.44
39,919.50
39,4C)8.22
The Ti'ustees did not have any reimbui'sed expenses (2022 £NIL).
.%TAPF COSTS
The numbei. of sl<iff cinployed was l.
No employees received total employee benefsts (excluding eiTJployei' pen%ioii costs) of mo
th¢in £60,1)00.
12-

HUNT SERVANTS" FUND
YEAR FNDF.D 31 DECEMBER 2023
NOTfi S TO THE ACCOUNTS - coiitinlled
INVESTMENTS
Mai-kct value Mai'ket value
31 Dcceinber
3 l Deccmbei"
2022 £
Nominal
2023 £
Held thi'oughout the year
Schrodei. Chai'ity Equily Value Fund
111,769
Cazeiiove Chai'ity Equity Income Flind 450,000
Polar Capital European ex UK Incoine Fuiid 2,000
Neubei-ger Berman US Ldi-gc Cap Val
5,600
Findlay P￿k Amei'ican Inc
405
Schrodei. Asirin Alpha Plus Fund
29,000
RWC Global EM Maikets
200
M&G GI Dividend
57,977
Fidelity Global Dividend
63,128
Atlas Global Infi'asti'ucluit Fund
300
Ninety Onc Ill Global
17,000
Wellingloii Global Healthcai'e
4,695
V￿.￿0 UK 2006-22.11.27 Ti'easiiry Stock 12,000
Sehroder Sii'1c tegic Credit Fuiid
490
Fedi Hermes Unc Credit
39,000
Moi-gan Stanley Gl asset backed security
2,355
Capild Trojan Iiiveslinenls Fui)d
20,000
CG Ab501ute Relui'n flind
700
Brevan Howard Ab%olute Retuii]
269
Chai'ities Pi'opei'ty Fuiid
96,000
Pl'opeily liicome Trust foi. Charities
60,549
iSharG% Phy%iLal Nqelals PLC
967
L&G Mulii-sti'alegy Enhanced Commoditie84'572
Schi-odei. S.SF Diversified Altei'nalive Assets1,000
JPMoi'gan GBP Liquidity LVNAV Fund
8,954
74,091.67
143,333.71
14.520.00
61.082.00
22.113.11
35,958.17
20,105.46
39,522.18
44,809.24
34,945.18
27,854.60
34,371.34
24,407.15
50,825.80
36,730.20
58,038.48
37,351.23
91,357.00
26,884.52
103,695.01
49,666.11
25,571.04
56,428.24
103,399.00
8,954.13
76,875
230,985
19,760
55.776
63,387
31,581
18,208
76,129
67,547
41,823
69,811
227,430
18,600
6L,152
52,888
32.625
18,798
72,511
63,381
41,184
26,768
46,984
23,274
41,918
32,686
53,460
61,768
94,801
29,625
121,114
51,267
29,047
52,020
102,980
8,954
46,942
24,636
44,304
34.020
54,990
63,294
94,521
29,507
113,856
46,053
31,150
47,947
94,260
8,954
1,226,014.57
1,433,108
1.435,046
Purch<ised dLlI'iiig the ycar <ind held ¢11 yeai. end
L&G Mulii-sti'alegy Enhdiiced GBP
1,535
SLht'odei' Global Suslaindble Gi'owih
120.000
Fidelity Globi£ l Dividend Fund
35.000
4.25 UK Ti'easui'eiy Stock 2009-7.9.93
60,000
M & G Japaii Fiin(I
20,000
WB US Small-mid Capital Growth Fuiid
300
VaL'% UK 200()-22.11.27 Tira%iiry Stock 8,000
Man GLG Sterling Coiporale Boiid
i 00,000
Vaiigudl'd S+P 500 LIF
870
HSBC Global Government Boiid
7,200
17,420.70
68.545.20
35.932.15
)1,185.84
25,160.60
30,033.00
15.956.10
87,758.35
59,747.25
66,198.96
16,098
74,880
37,450
61.902
26,444
32,478
16,424
95,100
61,926
67,476
467,938.15
490,178
1,693.9.52.72
1,993,28C)
1,435,046
13-

HUNT SLI RVANTS, FUND
YEAR EINDLI l) 31 DECEMBER 2023
NOTES TO'fHE ACCOUNTS - continiied
INVESTMENTS - continued
Sold duiing Ihe year
Nominal
Cost
Proceeds
Gainl
Loss
ChaLilies Propei'ly Fund
9.350
1.2.5 UK TIEasui'y Gill 22.7.27
45.0(X)
Polar Global Jnsui'ance Fliiid
4.700
Lioiili'ust (Majedie) UK Equity Fuiid
55,(K)O
Chai'itie8 Pi-operly Fund
9,350
Iiivesco Il US US Tied.suiy Bond
1,200
BlackRock ishai'es Japan Equity Index Fund 24.531
Tiojan Iiicoimc Fund
24,827
Capita Ti'ojdn Inve%linents Fund
14,000
Schi'oder Stei'ling Corpoi'ale Bond
120,000
Vaiiguaiil .g&P .500 ETF
820
4.25 UK Gilt 7.6.32
50.000
ishares Physical Metals PLC
438
10,099.46
44,502.30
24,979.77
72.284.20
10,099.46
41,796.00
24,324.94
47,741.08
26,145.86
64,861.27
22,323.50
11,643
41,304
37,510
85,333
11.596
42,411
24,211
42,494
43,845
61,401
56,221
1.544
(3,198)
12,530
13,048
1,497
615
(114)
(5,247)
17,699
(3,460)
33,897
Ill
53,560.50
11,347.63
(3.009)
2,525
13.873
454.065.97
522,394
68,327
Pui'chased during the yeai- and sold dui'iiig the ye<ir
Noiniiial
Cost
4.25 UK Gill 7.6.32
50,000
53,560.50
53,560.50
Purchased during the year and hcld al yeai. end
467,938.15
Tutal purchases
521,498.65
14-

HUNT SERVANTS, FUND
YEAR ENDTr.D 31 DECEMBER 2023
NOTES TO THE ACCOUNTS - continued
INVESTMENTS - contiiiued
Summdr
Fixed A%%el Invesltnents Summai.
uoted InvcstEnenls
2023
2022
Mai'kct Value at l January 2023
,889.002.21
2,024,503.86
Additions and cor>vei'sions during the yeai.
521,498.65
431,364.03
Accuinulated income
Disposals and Cdpilal distributions dui'ing the ye￿.
(507,515.53)
(457,987.26)
Equalis<qtion relating io units pui'chased in prior years
(502.47)
Rebate relating to stock purchased prior years
1,902,985.33
30,301.05
1.997,378.16
(108,375.95)
Nel unre¢ilised investment gainl(loss)
Mai-ket Value at 31 December 2023
1,933,286.38
1,889,0(12.21
10.
DEB TORS
Cazenove General Fund li'ansfer
12.826.01
12,826.01
CREDITORS.. amouiits falliiig diie wiihin one year
Investmeiil Maiiagement fees
Indei)eiident Ex<iminei-s' fee
HSBS ofl'ice fdLililies
Peiisiuiiei's, Chi'istinas boiiuses
D Hunt gi'ant
2,304.70
3,420.00
25,100.110
600.00
1,050.00
2,336.72
3,000.00
18,4113.0
800.00
32.474.70
24,539.72
15-

HUNT SERVANTS, fuND
YLAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS - eontinued
Res11'icted funds
Bursary
Jean Wilkinson
Scheme
Donation
12.
FUNDS
Uni'esti-icted
Fuiids
Bcl1<1nce at l Jaiiuai'y 2023
Incoming Ir%i)urLe.%
Resoui'ces expended
Other i'ccogiiised gainsl(losses)
Tran5fer.4 belweeii funds
1,936,531.46
107,786.53
(89,874.50)
45,265.35
8,179.72
3,U(Kk.00
{17,361.62)
77,400.00
(4,200.00)
Bdldnce al 31 Decembei. 2023
1,999,708.84
(6,181.90
73,200.00
13.
RELATED PARTY TRANSACTIONS
The Charity is adinini8tered fi'om the same premises as the Hunt Staff Beiiefit Society and a
i'echai-ge is iiiade toi. shai'ed expenses.
Dui-ing the yedi. there were no othei. related pai'ty li'<?nsaclions. In 2022, the Flunt Seivaiils,
Fuiid uiidci'took one fund i'aisiiig eveiil jointly with the Huiil Staff Benefit Society, a Regi.8tei'ed
Fi'icndly Society.
16-

HUNT SERVANTS, fuND
MANAGEMENT INFORMATION
YEAR FNDFD 31 DFCE<MBfR 2023
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