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2024-12-31-accounts

-HUNT SERVANTS, FUND REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Registered Charih. Number 229974 MCA Banbury Ltd Chartered Accountants Units 4-6 The I￿harf Centre Wharf Street Watwick CV34 5LB

HUNT SERVANTS, FUND ANINUAL REPORT AIND ACCOUNTS YEAR ENDED 31 DECEMBER 2024 COINTENTS Charits, Infonnation Triislees Annual Report Independent Examiners" Report Statemenl of Financial Activilies Balance Sheet Notes to the Accounts 9-16 The folloii'ino pgue5 do not form part of the statuton- accounts Detailed Statement of Financial Aetii'ities 17- 18 Detailed Balance Sheet 19-20

HUNT SERVANTS, FUND CHARITY INFORMATION Trustees.. T.R. Easb}' R.E. Greenii'ood Hon. Mrs. R.A. Vesle}' A.1. Jackson H.J.M Berk-ele!. (appoinled 29 January: _ R Mccarthi, (appointed 29 Januan, ?O?i) Charity Number.. 2?9974 Charits, offices.. Oi"erlei' Bam Daglin211'0rth Cirencester Gloucestershire GL7 7HX Independent E.Kaminer: Martin Cox FCA MCA Banbur), Ltd Chartered Accounlants Units 4-6 The Wharfcentre Wharf Street WanN"ick CVi4 iLB Bank-ers= Barcla)'s Bank. PIC Leicester LE87 ?BB InN'estment Manag7ers- Cazenoi'e Capital l London Wall Place London EC?Y iAU

HUNT SERVANTS, FUND ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The Tnislees present their Report and financial slalements for ihe )'ear ended 31 December ?0?4. The financial statenients hai'e been prepared in accordance ii.ith the accountino policies sel out in note I to the accounts and compl}, il'ith Ihe Charity- s trust deed: Ihe Charities Acl ?0 I I, and the AccoLilliingF and ReportiniJ bs. Charities= Sialemenl of Recommended Practice applicable to charities preparin(? their accounts in accordance ii.iih the Financial ReportinLY Standard (FRS 102) (published in Oetober 2019). Structure? goi'ernanee and manaoement The Hunt Sen'anls, Fund is an unincorporated irust: constituted under a Declaration of Trust dated ?5 Jiine 1963 as amended b}. scheme of ihe Commission daled ?4 Feb￿￿[}, ?009 and is a Re¥Jistered Charity, number ??9974. The Trustees are appointed b), Ihe Board of Trustees. The minimum number of Trustees is tm'o and the￿ 15 no upper limil. When considering neil. Trustees regard is oji-en to their experience and the mi of eiperience for the Trustees as a ii"hole. Courses are made aN'ailable lo Trustee5 m-.hen required. The Board of Trusiees meet lii'ice a l'ear lo agree ihe broad strateLJ!' and areas of actii'iti, for the Charity and Ihese are iTnplemented bi. correspondence and electronic eoinmunications throu2hout the )'ear. The Tnislees hai'e considered the major risks lo ii.hich the Charit!. is exposed and haiie reviewed those risk.s and ¢slablished s)'stems and procedures io manaoe those risks. Objectii'e5 and actii'ities The objects of the Charity are as folloNI"s- (a) lo promote education and training (i) amon(I hunt serianls and ihose intendingi to ￿'OrK. as such; or (li) in relation lo mailers concernin(J ihe counln'side and the eni'ironmenl ii'hether bv the proi'ision of financial 2SSiStance or b). such other means as the trustees niav in (heir absolute discretion think- tit: or (b) to reliei'e pok'ert). amonost hunt sen-.ants: their spouses: iiidoii's: M.Ado￿.erS: children and remoter issue. In planning oiir aclii'ities for the i'¢ar li-e kept in mind the Charih- Commission 5 guidance on public benefit. Fundraisin(F ei'enls are iindertak-en joinil!. ii'ith the Hunt Siaff Benefit Sociel),: a Friendly Societ), .hich proi'ides post-retirement benefits for hunt staff.

HUNT SERVANTS, FUIND ANNUAL REPORT continued YEAR ELNDED 31 DECEMBER 2024 Objectii'es and actii-ities - continued Applications for assistance are ini'iled from hunt seTh'ants ii'ho hai'e been in full lime emplo}'ment ii'iih one or more pack orpacks of hounds. The Masters and Chairmen ofihe Hunts receii'e notices annu<111I.' remindino them of the ai-ailabilit!. of Ihis assistance. li is also mentioned in i'arious publications distributed to hunt officer5 and staff. The Triistees have discreiion to aii'ard alloii-ances: granls or provision of accommodalion. During the j'ear the Charit), operaled a Huni Staff Bursan. Scheme iN,hereb}' bursartes are given to Hunts lo enabl¢ hunt staff to undertake structured IraininiJ for a Nalional Vocational Qualification LeN'el ? in Animal Care and also dei'elop their skills in literac}- and numeracy. Achiei'ements and performance DLirinL) the )'ear 49 beneficiaries receii'ed funds from the Charity,. Tlie charilN' receil'ed ihree leoacies in the }'ear lolalling £?01.430. The Charit).. did not hold an}. fund raisino ei.enis durino ?0?4 or ?0?" Financial rei'ieii, The main onooin(F source of income is from ini'estments niainl). in recognised unit trusts. The Charil). S lotal income ilas £i?0.7j? for ihe )'ear includin2 inN'estment income of £6i:937. Eipendiiure in the s'ear il'as £l?4.176. Realised oains and unrealised iJains on ini'estnients ii'ere £1 Oi ?01 (net gain) resiiltin(¥ in a surplus for the l.ear of£?99.777. At the )"ear end Ihe Charits, had iiel 2ssels Ot-£?:J66:i04, includin(J ini-eslnients ii'orth £? ?iO.?iO. Policv on resern'es The Trustees. polie!. on reserves is to mainiain such resen'es as iiill proi'ide suftieieiit iiicome to enable alloH'ances and grants lo be aii?rded to the anticipated number of applicants. The total funds as at 31 December ?0?4 lias £?.i66:504: of ii-hich Nil related lo the Bursat). Scheme and £69,000 related to a donation from the Jean Wilkinson Charitable Trust. The Trustees reoularl!" rei"ieii" the amounl of funds that ihe Charii!" requires lo ensure that tlie). are adequate lo fulfil the Charil}' s continuing obligations. Plans for future periods The charits. is not planningj an}. fundraising ei'enls in ?O?i. It ii.ill continue lo closel), monitor inN'eslments

HUNT SERVANTS, FUND AN￿uAL REPORT continued YEAR ENDED 31 DEcE￿BER 2024 Trllstees, responsibi]iti¢s in relation to the finaneial statements The law applicable.to charities in England and Wales requires TTUStees to prepare financial statements for each fllwcial ye2r which give a trne and fair view of the Charity""s financial activities during the year and of its'position at the end of the year. In"prewing financial statements giving a tDJe and fair view. the T.rustees shouId follow best practice and: select suitable accounting policies and tken apply them consistently: make judgements and estimates that ate re&8onable and prudenl. state whether applicable accounting Standa￿ and statements of recommended Practice have been followed, subject to any departures dis¢losed and explained in the ftnancial statements. prepaTe the financial statements on the going concern basis unless it is inappTopriate to presutne that tbe ¢hatity will continue in operntion. The Trustees are responsible for keeping accounting records whicb disclose with re&8onable accuracy the financial position of the ChaTity and which enable them to &scertain the financial position of the Charity and ensure that the financial statements comply with the Charities Act 2011, the Ch￿lty (Accounts and Reports) Regulations 2008. and the provisions of the deed. The 'rn￿tee8 are iesponsib or safeguarding the &8sets of the Charity aud hence for taking reasonable steps for the prevei on detection of fraud and otber irregularities. T.R. FA8BY On behalf of the Trustees ..2025

INDEPENDE￿'T EXAMINERS, REPORT TO THE TRUSTEES OF HUNT SERVANTS, FUIND I report on the accounls of ihe Trust for ihe }'ear ended 31 December 20?4: I￿h1ch are set on pages 6 to li. Respectii'e responsibilities of trustees and eiaminers The chariti, s trustees are responsible for the preparation of the accounts. The charits, 5 trustees consider that an audit is not reqiiired for this l'ear under seclion 144{?} of ihe Charities Act ?01 l (the ?0 I l Act) and ihat an independent examinaiion is needed. It is m), responsibllity to: examine the accounts under section 14) of the ?01 l Act: lo folloii. the procedures laid doiin in the General Directions g]￿en b), the Charit). Commission under section 14i(i){b) of ihe ?01 l Aet. and 10 slate ii'hether particular matters hai.'e come to attention. Basis of independent examiner's report M), e.xaniination IN'1< s carried out in accordance ii'iih the General Directions (7ji'en b), the Chariti. Commission. An examination includes a rei'ieii. of ihe accountinLi records k'ept b!. ilie charit}, and a comparison of the accoiinis presented ii'iih ihose records. It also includes consideralion of an}, unusual iien)s or diselosures in the accoiints. and seekino explanations from )'ou as trustees concerning an!, such matters. The procedures Lindertaken do not proi.ide all the ei'idence thal ii'ould be required in an audil and consequenil). no opinion is LF li.en as io i%"heiher the accounls present a "true and fair ￿.]ell. and the report 15 limiled io those matters set out in the statement beloii.. Indcpendent examiners, statement In connection ii'iih mi. eiamination. no matter has come lo mi- attention= {1) .hich 2ii.es me reasonable caiise to belieN'e ihat in an!- malerial respect ihe requirenients- to keep accounling records in accordance ii-ith Section l JO of the ?01 l Act- and to prepare accounts ii-hich accord Ni"ith the accountino records and comply ii'ith the accounlingJ requirements of the ?01 l Aci haN'e noi been met- or (?) to il-hich. in m1- opinion. attention should be drdii"n in order io enable a proper understanding of the accounts to be reached. ?0?) Martin COA FCA MCA Banbun. Ltd Chartered Accountants Wani'icL

HUNT SERVANTS? FUND BALANCE SHEET AS AT 31 DECEMBER 2024 Note 2024 2023 Fixed Asse Investments 2250.250.61 1.933286.38 Current Assets Debtors Cash at bank and in hand 10 12.826.01 153,089.25 142216.41 Total current 2&%tts 142,216.41 165,915.26 Liabilities Creditors.. amounts falling due within one year 25.962.79 "?.474.70 Net Current Assets 116,253.62 133,440.56 . Total Assets Less Current Liabilitio8 2.366.504.23 2,066.726.94 FUNDS OF THE CHARITY Uwestricted funds 12 Restricted fimds- Bursary Scheme 12 Restricted funds- Jean Wilkinson donatiou 2.306.686.13 (9,181.90) 1.999.708.84 (6.181.90) 12 69,000.00 73.200.00 Total Charity Funds 2,366,504.23 2,066,726.94 Approved Board of Trustees on ..2025 and signed on its behalf by: Notes on page 9 to 16 form part of the accounts

HUNT SERVANTS, FUND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS ACCOUNTING POLICIES (a) The financial slaiemenis are prepared under the hislorical cost convention: modified bv the rei'aluation of inN'estmenis. and in accordance ii-ith Accountino and ReportinL by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance ii-ith the Financial Reportino Standard applicable in the UK and Republic of Ireland issued in October ?019: the Financial Reponino Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). The Hunts SerN'anis Fund meets the definilion of a public benefil entil}' under FRS l O? The finoc ncial statements hai'e been prepared lo Ol￿e a "Irue and fair" vieii. and liaiie departed from Ihe Charities (Accounts and Reports) Regulations ?008 onl), to lh¢ extent required io proi'ide a -Irue and fair i'ieii These financial statements are prepared in Sterlino. IN'hich is the functional eurrenc), of the charity. No monetari, amounts have been rounded. (b) Eiernption from preparing a cash floiv slalement The charil}' opted to adopt Update Bulletin l as published on ? Februarv ?016 and therefore has not included a cash floi%' statement. (c) Going concern The trustees consider ihat there are no material uncertainlies about ihe chariti-'s ability to continue as a ooino conc¢m. (d) Ini'estments Ini'esln1ent assets are included at market i'alue at the balance sheet dale. Realised aiid unrealised LJains on disposal or rei'aluation of ini.'estmenis are included in the Statement of Financial Actii-itie5. Current asset ini'eslmenls are short tertn hiLJhl)" liquid ini'eslmeT)ts and are held at mark-et i'alue. These include cash on deposii and cash equii'alents ii'iih a maturitv of less than one }'ear. (e} Income All incominiJ resources are included in the Sialement of Financial Acti￿.111es (SOFA) vhen the charil}' is legall!. entitled io the income. (fj Expendilure Expenditure is accounted for on an accruals basTS. Eipendilure on chariiable aciii.ilies includes alloii-ances: 2ranls and bursaries aiN'arded lo beneficiaries and gyoi'ernance costs. Goi'emance costs comprise the costs of aeeounlanci.- and compliance ii-ith constitutional and slatutory, requirements. investTnent manaLyenieni fees and administration cosls incurred in supportin(7 the charitable actiN'ities

HUNT SERVANTS, FUND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS- continued (g,) Support costs Support cosis are Ih05e iliat assist the ii'ork. of the charil}' bul do not directl}. represent charitable aeiii'itie5 and include oftice Costs and goi-ernance cosis. IVI)ere support costs cannot be directl!- attributed lo panicular headingFS ihe!. hai'e b¢¢D allocated to cost of raisino fiinds and expenditure on chariiable actii'ities on a basis Consistent ii'ith use of the resources. (h) Debtors and Credilors Debtors and crediiors Ii'ith no stated interest rate and receiiiabl¢ or pa)'able ii'ithin one )'ear are recorded at Iransaction price. Taxation The chariti, is considered to pass ihe tests set out in para(Jraph I Schedule 6 of the Finanee Aci ?01 O and therefore it mee15 the definition of a cliaritable companN, for UK corporation tal PUTposes. AccordinLI)': the chariti. is potentiall}. eiempt from taxatioii in respecl of income or capiial giain5 receii-ed ii'ithin caieLTories coi'ered b), Chapter i Part I l of the Corporation TLN Act ?01 O or Section ?)6 of the Taxation of CharLFeable Gains Act 199? lo the exieni Ihat such income or g7ains are applied eiclusiv¢l)' lo charithble purposes. DONATIONS AND LEGACIES 2024 20?3 Donations Donations toii'-ards bursaries LeLyacies Income Tal repai'able on donations i9.807.84 lJ.000.00 ?01.4?9.jj 170.?? 44.5?3.98 I i.000.00 ? j4.407.61 5i,i48.98

HUNT SERVANTS, FUND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS- continued 2024 OTHER TRADING ACTIVITIES Sale of Christmas cards 407.00 I,J6J.47 407.00 l.i63.47 INCOME FROM INVESTMENTS Dii"idends - Unil Trusts Interest- Unit Trusts and Goi'emment Stocks Interest on cash deposits 61.iOI.ii 2.904.?4 l.i31.7i 49.450.01 3.249.?? 1.174.8J 6i.937.i4 i3.874.08 £6i:937.i4 (?0?" £iJ.874.08} of the aboi'e income il.as attributable to unrestricted funds and £nil (?O?i £nil) to restrieied funds. EXPENDITURE ON RAlStNG FUNDS Fundraising tradinc?= eosl of goods sold and other costs Christmas cards 1,6?5.00 1,6?i.00

HUNT SERVANTS, FUND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS- continued 2024 20?3 CHARITABLE ACTIVITIES AlloNN"ances Grants Bursaries 4.?00.00 60.766.06 16.000.00 4,?00.00 48.330.00 17,361.6? 80.966.06 69,891.6? £60,766.06 (?0?" £48:330.00) of the aboi-e expendilure il-as attributable to unrestricted funds and £?O.?00.00 (?0?3 - £?I:j61.6?) lo restricied funds. Grants of £64,966.06 (?0?3 £i2,i30.00) ii'ere made to indii'iduals in the )'ear. GOVERNANCE AND SUPPORT COSTS Use of oftice & other o￿lee costs InTr'estn)ent anauemeni fee Indepertdent Examiners fee Donation to HSBS Bank charges 19.J9J.49 10.17? 1? i.480.00 10.000.00 164.io ?6,704.08 9.J12.98 3.720.00 18?.44 39,919.iO The Triistees did not hai'e an}, reimbursed expenses {?0?3 £nil). STAFF COSTS The number of Slaifemplo)'ed il'as l. No emplo)'ees receii'ed tolal emploi.ee benefits (eicludino emplo>'¢r pension costs) of more Ihan £60.000.

HUNT SERVANTS, FUIND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUINTS- continued INVESTMENTS Nominal Cost £ Mark-et N'alue Market i'alue 31.12. ?4£ 31.1??3£ Held Ihrouohout the l'ear Schroder Charii!. Equity Value Fund 111.769 Cazenoi.'e Charity Equil}- Income Fund 4iO.000 Polar Capital European e.N UK Income Fund ?.000 Van2uard S+P iOO ETF 870 WB US Small-mid Capital Groiiih Fund 300 Findla). Park American Inc 40) M & G Japan Fund ?0.000 Schroder AsiLin Alpha Plus Fund 29.000 RWC Global EM mark.ets ?00 M&G Gl Dii'idend i7.977 Fidelit). Global Dii'idend 50.000 Ailas Global Infrastructure Fund Iellinuton Global Healthcare 4.695 va￿/0 UK ?006-?? 11 ?7 Treasur%. Stock 60.000 Ml¢ n GLG Sterlinq Corporale Bond i 00.000 MorLTaii Sianle). Gl asset backed securit). .ii5 Capila Trojan Ini'estments Fiind CG Absolute Return Fund Charities Propert), Fiind Propert). Income Trusi for Charities Schroder SSF Diversified Aliernatii'e Assets 1.000 JPMoroan GBP Liquidits, LVNAV Fund 8.9)4 HSBC Global GO￿.e[￿rnellt Bond 7.?00 74.091.67 14).J)).71 14.j?O.00 j9.747.?j iO.Oii.00 82.988 241.020 18.800 77.98? 36.7iO 71.642 76,875 230,985 19.760 61.9?6 32,478 63,387 ?6,444 ?i.160.60 i5.9i8.17 ?O.IOi.46 j9. j?? 18 41.140.66 i4.94i.18 i4.J71.J4 61.18i.84 87.7i8.J) i8.18J.08 37.jjl ?3 91.Ji7.00 103.69i.O I 49.666.11 IOJ.J99.00 8.9i4.li 66.198.96 17.849 89.?96 i9.lio 18,?08 76.1?9 i3.500 41.8?3 46.613 j6.17? 10??00 i5.108 66.766 94.178 114.480 44.891 86.)40 8,9)4 67,010 9).100 54.990 700 96.000 94. j? I 113,856 46.053 94,?60 8,954 67,476 ?4? 791.04 l. j41.49? 1,480.444 Piirchased during the }'ear and held at l'ear end SPDR S&.P iOOUCITS EF BlackRock. European D)"namie Fund M & G Japan Flind VanEck- Global Mininiy ETF Tii.'ent}.' FoLir Absolute Retum Credit Schroder WM Global Sus Man GLG Sierling Corporate Bond HSBC Global GO￿.emMenI Bond L&G MLilii-Sirateo} Enhanced Commodilies7.000 WB US Srnall-,Mid Capiial Groiiih Fund lio Schroder Asian Alpha Plus Fund 14.000 Wisdom Tree Gold ETC 4.? jQ/o UK ?009-9.9.i9 Treasun. Stock li.000 0.1? )% UK ?Oli-??.3 ?6 Treasun. Sio¢k- ?0.000 Fisher InN'estments US Small Mid-cap ?00 17i.3Ji.91 ?9.467.97 4?.6? j.jj 19.?08.00 84.178.60 7?.9j8.76 ?1.08J.04 ?6.04? l j 67.709.ii 16.9) l.io 16.184.00 i9.667.iO 14.4j4.?7 198.57? 10.000 4i.i21 16.538 84.193 7).187 ?1.46? ?6.060 71.169 18.i7i 16.7)8 700 8iO 700 ?i.000 Jj. iO.018.87 ?j.8?6.00 681.711.67 708.7)9 1.9?4.iO? 71 ? ?yO.?51 1.480.444 13-

HUNT SERVANTS, FUND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUINTS - eontinued INVESTMENTS - continued Sold during ihe year Nominal Cost Proceeds Gainl Loss Fideliti. Global Dii'idend Fund Neuberoer Bern]an US Larg)e Cap Val Fedi Hennes Unc Credil Schroder Global Siislainable Groiiih Schroder Strateliic Credit Fund L&G Mulii-strateo). Enhanced Commodities 6.107 BreN'an Hoii'ard Absolule Retum ?69 ishares Phi'sical Mela15 PLC 967 Var% UK ?006-?? 11 ?7 Treasun- Stock ?0.000 Ninet}. One 111 Global 17.000 48.1?8 i.600 39.000 i?o.000 490 i9.600.7J 61.08?.00 )6.7JO.?O 68.j4j.?O iO.8?i.80 1?.618 {4,80?) (3:i06) 12.)90 (i:816) j6.?80 81.13) 4).010 iiji 7).848.94 ?6.884. j? ?j.i71.04 40.)6J.?j ?7,8i4.60 63,04? 30.917 37.348 (10.807) 4.032 11,777 837 (?81) ?7,)74 4il.J06.?8 467.949 Purchased during the )'ear and sold durincy the l-ear Nominal Cost Piirchased duringy the )'ear and held at l'ear end 681.711.67 Total purchases 681.711.67 -14-

HUNT SERVANTS, FUND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS - eontinued INVESTMENTS - conlinued Summar¥, Filed Asset Ini-estmenls SummaTh" Iioled Ini'eslnieiils 2024 ?0?3 Mark-et Value at l Januari. ?0?4 1.933 ?86.J8 .889.002.21 Addilions and coni'ersions during the l'ear 681.711.67 521.498.65 Accumulated incorne Disp05a15 and Capithl distributions durin(I Ihe l-ear {4)? 841.60) (i07,i15.53) Equalisalion relatiniJ to unils purchased in prior l'ears Rebate relatino to stock purchased prior l'ears 2.16? l j6.4j 88.094.16 1.90?.98j.33 JO.301.Oi Nel iinrealised ini'estment (loss) I giain Mark'ei Value al 31 December ?0?4 ? ?iO.?iO.61 1.93J.?86.J8 10. DEBTORS CazenoN'e General Fund transfer 1? 8?6.01 1? 8?6.01 CREDITORS= amoiinls falling due ii'iihin one l'ear Ini'eslment Mana(Jement fees Independent Examiners fee HSBS ot7ice facilities Pensioners Christmas bonuses D Hiinl grant ? 790.79 J.600.00 19.17?.00 400.00 2.i04.70 J.420.00 2),100.00 600.00 1.050.00 ?j.96?.79 i2.474.70 -li-

HUNT SERVANTS. FUND YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS- continued Restricted fund5 Bursary, Jean Wilk-insoii Scheme Donation 12. FUNDS Unrestricted Funds Balance al l J1L nuar). ?0?4 1.999.708.84 (6,181.90) Amendment to brou(yhi foThiard balances (?O:??J.00) ?O.??J.00 IncominLY resourees i07.7)? l j 13.000.00 Resources expended (l Oi:976.17) (16:000.00) Other recotsnised &Fainsl(105ses) IOi.201.Jl 73,200.00 (4:200.00) Balance at 31 December 20?4 ?.286.463.13 11.041.10 69.000.00 13. RELATED PARTY TRANSACTIONS The Charil}' is adminislered froni the same premises as the Hunt Staff Benefit Societ). and a re¢hargTe is made for shared eNpense5. During the l'ear a donation of £1 0.000 i4.as made 10 the Huni Staff Benefit Societ),, a RegTlStered Friendl!, Societ},. -16-

HUNT SERVANTS, FUN'D MANAGEMENT INFORMATION YEAR ENDED 31 DECEMBER 2024 The follo)i'inu pa4Tes do not form part of the statuton. accounts.

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