GRACE TO YOU EUROPE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 coM￿nY No: 08211924 R•gl•t•r•d Charfty Numb•r: 1150277 GRACE TO YOU EUROPE REPORT AND FINANCIAL STATEMENTS Cont•nls Pag• No. Company Informatson Report of the TnJ8lee6 Report ol the Indep•nd•nt Eyamin•r Statement of Financial Acts'vlbes 8alanc• Sh•ot io Notes to the Financial Staternents 11- 17 GRACE TO YOU EUROPE COMPANY INFORMATION R•glst•r•d Company 14umb•r 08211924 Roqlst•r•d Charlty Numb•r 1150277 Mr Phillip Johnson Mr Christs'an Andresen Andrew Curry Mr Joy Fk]￿r$ Mr Matthias Fmhbch 8•nl¢r Manag•m•nt T•am trPm1t￿ Mr5D￿. R•glit•r•d Offl¢• 5 Caxlon H¢uue Wdle3￿Y Rogd Ashford K•nl TN24 8Er Jollcltorn Messr8 Hallett & Co 11 Bank Sir••t K•nt TN23 10A Ind•p•nd•nt •¥•mln•r S J•nnlngs FCA Azeis Audrt Sth Flojr Ashle￿4 Comm•r¢tal lknrt•r 1 Oover Plac• Ashford K•ni TN23 1F8 Bank•rn CAF Bank Llmi 25 K1ngs Hill Avwu¢ W•st MalliTrJ Koni ME19 4JQ GRACE TO YOU EUROPE REPORTOF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 Th& Trustfjos preseni thoir rnF4)rt ané e¥arnined finarKial stalem8nts of ltte tharny fu the end84 31 D8¢embÈr 2025. The Trustee5 have adopted the wowsons ol th8 Slaiern8ni of Recommended Prathce ISORPI"Attounting and Reporbng by Chanb8s' IFRS 1021 In prepanng the annual rep￿ 8nd fina￿la1 $ta¢wnents of the Gharity. The financial stslernents have been prepared in accc¢danf* wlh the 81xxyJnbng W>l￿AeS set (xjl in notes lo Ihe aCc￿nIS and cornply wlh the charitys governing documani. the Charitses Atx 2011 and ArKountsng and Reportiry by Charities.. Slalemenl of Re¢omméndÉd Pratti¢e ap￿￿tab￿ to Charities weparing their accounts in accordance the Final￿￿81 Reporting stsndard applicab￿ in the UK Rewbbc of Ireland pubIKsh￿ in OrAober 2019. Oblocllvis ol th• charlty Tho advaneemÈni of the ¢hd$ti* fath and SL*th 0th8r tharilabl? purF4)$6s as the TNsl8es shall lkne to ts.me e¢omiine. Publlc tsen•fft 8totsment The TnJ5tees confirm Ihat they have referyed lo the guJdanc8 contslned in the Ch8rfty COMMI￿￿￿.8 general guidanc public benefit then rewewng the Tnk8fs aims p￿￿ rt4¢Ctiv88 aThJ in planning fviure alaivilies Achl•v•ffl•nts and p•rfornianc• In th• p8rfod The main méth¢￿ thai Gracé la You Euro￿ •m￿oyS in tyjt 1¢$ ctharilaNe a¢￿￿ty. pmhJ88 public banefil. Is radie rninistry. Ouring 2025 ￿ trf08dc4st ￿r daityradio wc#3ramrne. Gra￿ trj Yc¥J, Ihroughoul the Vniied Kingdom of Great and Nonhom Iroland Pr•mi*A Chrtthan Rwjio. Momb8r5 of the pU￿1C livng in thos8 r&3ion8 of Europ8 t covered by our radio reach ￿re s￿e to access the daily progrnmm•s, and thwg8nds of free audio ond V￿00 resources. through our**bsltO. On o blamwlhFy basis ￿ 5•fit a pasloral lelter lo 811 those on our malllry ISL on aac* ocac* Reaches to R¢1M￿la proJtEt and £1,f)50 lo cover the cost of Ship￿ThJ cOrn￿￿ntary sat8 lo ROrTran￿8. 2026 have Oesignaw £15.000 for the funding of the Grace Reeche5 ()Jt lo Romania prqecl. GRACE TO YOU EUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 Confer•nc•$ In Europe Ounng 2025 wo held the follobmng conferences in Eurcpe.. - Cannes. FRANCE. al è Cost of £2,645 Tartu. ESTONIA, al a cost of £2,719 Tirana, ALBANIA, al a cost of £13.443 - Z81au & Arod, ROMANIA. at a cost of £7.gOY W8 hav8 designated £30.OCX) lor confèrences during 2026. Prl8on mlnlstry Throughout the year wo wgre cOn1a￿a￿ by the inmates of 11 differént U.K prisons aThJ Y￿ThJ offendors, institullons who had beèn listening to our daily radK) broadcasts. We also received requests lor our free resources from prison thaplains foi dislribulton in their pastoral ministy. During the year ￿ spoafically donated MacArthur Study Bible$ and oth8r literature to th¢ value of £497 10 indiwdual wsoners and £200 iha chaplains of Ctristi8n Pr150n Resourcing. Hard•hlp grnnts for Pa•tor• & M5￿10￿411•• any. if nol most. pastors in East8m Europe lan¢J in $ome cases in Westem Europe) r￿l￿e very rnodesl salarie5. which are raraty sufficient lo support a lamity. c(￿$•qUantIy. rnany pastors. wves must w￿rk full.time outside the hom8 In￿rder to contribute lo th& family bu¢Jget. or the pastor naeds ¢0 lake on additional manu81 work, sueh 88 bee keeping or fanning, which Can hav• 8 Slgnificant dètrimentsl impaci upon the ￿me he can d•dicate ¢0 his ministry. Over Ihe cO￿r$e of sèveral years, ￿ have tr￿￿ lo promde som8 finaw81 support to 8 small number of pastors have struggled to pn￿de for Iheir familiès. Thè lollowing har¢ship grants ¥￿ra made to pastornlmi&gionaries during 2025.. Romanl £3,04211 individuall Ma¢¢donl* £2,24311 indi*iduall Fr•ne• £70611 indiwduall Mad•lr• £5CQ11 indivhluall Moldova £26211 indiwduall N•lhorlands £21kl11 IndlvTrdu•ll Portugal £1.29611 indivtduall £1.11XJ13 IndMdual$l £16811 organisalionl Spaln £43911 IndI￿du81) We ha￿ de5ignaled £10.LMXJ I￿ the reli￿0[ hardshlp ￿5t past￿ during 2026. Resourcos for Pastors and students 1.843 ￿kS and MacArthur New Te$¢ament comrnenlaries ￿ the value ot £10.665 ￿*re gifted lo various seminarians in Romania. the Ne¢hertands & the UK. 495 books to the value of £1.94S wtsra gifted lo paS[c￿ and miSsic￿Sn*S in Auslrla, Croatia. Estonia, Fr8nc*. thè Nelherfands, Rom8nia. Southem IrelaThJ. Spain. & Ihe UK. GRACE TO YOU EUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEM8ER 2025 The Masterfs Semlnary Scholarship Fund Dunng 2025 the follomnng grants were made.. £35,485 to thrge individuats st￿aying al The Masterfs Seminary in ca￿"f0mla in preparation for pasloral rninistry within Europe on completion of their studies - £11.417 in supplying books and c(¥nmentaries ￿ young paslors and seminarians 8ludw.ng in Romania . £456 to one stud8nt Studying wth TKIAI . £1,000 to onè student sludwng at Herm8naia in LIKMJon. For 2026 we have designated £5,0Tr) for sthoLqrships. Indlvlduals A lotal 013.590 Ir88 books and Bibl0$ pro¥Aded lo I[￿1VidUal$ durfng 2025. Rl8k poll¢y Th8 Trustees are responsible for the rnanagement of the charity and have identif￿d risks spacific to Grace to Y¢ Europ• and Impl6m•nléd appropriate control$. The key conlrols used by the chartly inc4ud•'. Formal wriiien agendas lor all Board aciiwty ' R$gul8r formal and inforrn81 discussions bett4een Ihe twstees and staff Comprehensive planning. budgeting, and fin8ntsal lorècasting ' Established organisat￿n81 Structu￿ and lines of reForbng Fomal ￿lleN policies Clear authorisalion and approval levels for expendS¢ure ' Profèssional 8xafflinatson 8nd presentaliw of annual J￿nIS Identln•d r18k8 Dam8g8 to reput8t Trustees Indemnity Insur8nc8 policy, wth sum assured of £250,Crf)O to cover legal costs occurnet1 In def•nding an accusation resulting In damage to the ehanty's repuiaiion. A decline in lunding 8nd donat￿n$ We hav8 8 forrnal pdicy of rnainlaining s￿￿lent capital at the bank lo en8Ne charitabK8 actiwity to continue for a 12- month period In the eveni of a decline In donations due to loss of r8PUtats'on or econornic austerity. Cat8StrophK loss by We have a Business Combined Insurance Polity undèmitten by Ansvar Insurance which indudes a 12- month sines3 inlerrJption sum assured of £200.(xXI. The office the charity OCCU￿8$ in ca￿0￿ House Is r8ni•d and wa ara onty required to ￿ve one month's notice to our landlord if we %4ish to vacate the premises. There is a gcth range ol aiiemative office accommodaiion ava118ble to r8nl in the Ashford area. sorne of which is by wr currenl landkvd, so ￿ are rA)nfident that a ￿taStr￿h1¢ k)ss would only inconvenience th8 chanty In the short-lerm. Loss ofdat8 8nd Cyber S8cunty All daia is being constantly m¢)nitor8d and bad(￿l-Up by off-sile IT suppcKI 4x)mpany. MPR Ir. ()Jr ¥%ebsite is hosted and maintained by our Grace to You colleagues in the V.S.A. GRACE TO YOU EUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 Flnan¢Sal r•vlew Income for thè year amounted to £458.128 12024.. £484.6461 and exp8nditure amounted to £505,272 12024.. £541,394). As a result ol these rnovemenis. a deficit of £47,144 12024.. £54,748) was reported for the year. At 31 December 2025 funds amounted lo £245,18012024". £292.3241. Re$•ry•s pollcy The Trusietss hav8 adopte¢18 policy Ithich 8irnS to ensurè that there arè adequate funds to meet the operating costs of Ihe charity for a pèritss of al l•asi ￿e1Ve months. Based on trrtjdgelad axp8ndilure ￿val5 this wrJJld amount lo £185,000 12024.. £185,000). AI 31 0eG8mber 2025. general Unrestr￿ted luThJs am(xJnl8d lo £172.839 12024.. £188,246). At 31 December 2025 designated funds amounted lo £60.C(#J12024.. £75.C(¥Jl. Further d•18il$ ¢8n be found in Note 10. Al 31 Decembar 2025 ￿Incted funds aM￿n10d to £12.341 12024.. £29.0781. Further daiails be found in Note 11. Pay pollcy lor k*y manay8m¢n¢ p•rsonng1 The Trustees consider the Trustees an¢J Ihe s¢nior management ieam cornprise Ihe kèy managemont P8rsonnel ol th¥ charity in charge ol directing and controlling. runniThJ and opwating the charity on a day io day tsa￿s. Trustees give of thelr Ilmè Ir8¢1y and no TNstee received remunwabon in the year. The pay of thè s•ntor staff is reviewed annually and normally incr8a5ed in accordan￿ market rales. Plans for th• future Thè regular office-based ministry wll contlnue to k6•p Ihe GTY Evrope slaff busy during the Coming months as they respond lo th• m8ny Tequesis for free resour¢es ollered to those lisiening lo our daily radio broadcasts, or thosè frSends vtho receive the Grace to You pastoral ntsw5fellers. Howèver, we havè scheduled confgrencès tor France in April and tho Nèiherfands In Septembei. StnJctur• Thè company was Incorporaled as a lirniled company on 12 S•pt•rnber 2012 and is governèd by its Mernorandum and Artlcles of A5sociat'on. Thè eornp8ny number is 8211924. The company is also mgislered Wlh thè Chanly Commission. numb8r 1150277. from 21 December 2012. Governance and managem•nl Th8 Trustees who s8rved during lh• year were.. Mr Phillip Johnson K4r Andfew Cury Mr christs.an Andra￿n 4rJ8y Flo**rs Mr Maiihias Frohli¢h lappoinled 15 Sepiernber 20251 There shall not be less than three Tru5tee5 at any time but there Is no maxjrnum number. The exisling Trustees may appoint further Trustees ai their dis¢refyon. No person shall be eligible for appolntmenl as 8 Trustee unl885 helshe can give full and unequivocal assent 10 Ihe Grac£ to YtsJ Ooctrinal Statement. The Tnjslees meet lorrnally on an annual basJs tmjt regularty and less fomially at other time5 during the course of the year. The Trustees have designated Mr O Paul Mrtchell. to be responsitAe for the day to day opewalion of the charity 8nd he is assisied by a full.llme Office Manager and one Custorner SeN¢e ASsiS￿nI. GRACE TO YOU EUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEAIBER 2025 Tru5tees' r8spon8ibiliti•¥ Th8 Trustees (who are also directoys fcw th6 purposes of eompany lawl are reswjnsible for preparing the Trusiees, Annual Report and the financial statements in a¢cvdance ap￿ltaNe law and United Kingdom Accounty'ng Standards Iunited ￿ftgdOm Generally Accepted Acr￿Un￿n9 Practicel. Thè law applicablè lo charities in En9L8nd & wa￿ requtres the Twstees to prepare flnanual stal8m8nts for 98ch financial year which give a true and fair wew ol the $￿te of affair5 of ihe charity and of the in¢oming resources and 8pplieation of rnsources ol the ch8nty for thai perioLI. In prepanNJ these financial stalemenls. the Twstees are Tequired to.. select suitable acc￿n￿ng policies and Ihen apply them ¢onsistenity-. observe Ihe Mell￿￿5 and princip￿ in Ihe Charities SORP 2015 IFRS 1021.. rn8ke judgements and estimates Ihat are reasonable and prudent: stale ￿ether apthicable acLountln9 Standards have I￿n lolknw*d. Subj￿ to any material ¢Jepartur69 dlsclose and explained in lh8 financial stalements.. prepare the financSal stat8Man￿ *Jn the going con¢em basis unles5 it is in8ppropriale lo assume that the ch8rity wll continue in business. The Tnjstees are responsibl8 for k&•ping proper accounting records that ¢i$dose wlh reasonable accuracy at 8ny tirne the financial position of Ihe charfly and enab￿ Ih8m ￿ ensure thai the financial ststernents comply with the Chariiies Act 2011. the Charity (ACC￿nIS and Re￿rts) Re9ulalions 2008 and the provisions of trust deed. They are also respon31ble for saleguardirMJ Ihe assets of iha chanty and henrx lor tsking ￿aSOnable Steps lor th8 prevention and dètèction of fraud 8nd o¢her irregularilies. Small company exempllon The financial Slatemen15 have been prepared in a¢￿rdance *ith special provi￿On$ of Part 15 of Companie¥ k¢ 2006 relating to small cornpanies. 8y ordgr of the Board Trustee Oale.. 25 June 2026 GRACE TO YOU EUROPE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report to the charty trustees on my examination of Ihe acwJnts for th8 yearended 31 December 2025 which are set Out 011 P8ges 8 10 17. Rèsponslblllths and baols of r•port As the charity trustees of the compaE)y {and also its directors ts the pU￿OseS ol clympany lawl you a¥e rèsponsible for Ihe preparation of the accounts in accL¥dance ￿1h ¢he requirements of the Companw Act 20C61'th8 2006 Act'l. Hamno satisfied Mys￿1 that the accounts of the company are not required lo b8 audited under Part 16 of th• 2006 Act and are eligible lor independent ex8mlnatlc￿. I report in respeLa of rny examination of your charivs accounts as carri c￿1 under secbon 145 of the Charitiès Act 2011 (the 2011 Acri. In carryin9 Lwt rny examin8tion I have followed the directs"c¥)s given by the Charity Cornmi8sion under se¢liL￿ 145(51 Ibl of the 2011 ACL Ind•p•ndont examlne¢• report Since the company's gross incorne exce8ded £250.CX)O y￿r examiner must be a rnernber ol 8 body listed In sèctlon 145 of the 2011 Act. l confirm that l am qualified lo underlakè the examinabon because l am a momber of ICAEW, which 18 one ol the Ilsted btr#ie8. I have completed my gx8min8bon. l eonfirn that M matters h￿e eomg to my attantion in CA)nnactlon with the examinatlon gimng me catssè to b¢lieve.' act￿nting records wèrè nol kepl in f•sped of Iho company as required by secljon 386 of tho 2￿6 Act., or the accounis do not accord Ihose reC￿rds.. or the accounts do no¢ comply wth the acLcwJnting reqU1￿MentS of section 396 01 the 2008 Act other than any requirements thal the acctsjnts give a'irue and lair view thich is not a rnalter conside￿d 8$ part ol an Indo￿ndent examination.. or Iha aceounts have not been prepa￿ in 8CCAYdance wilh Ihe rnelhods and prindples of th8 Stoternent of Recomménded Practs"ce ILV a¢¢ountiThJ and reporting by Chari￿.•9. I have no eoncems and hav# eome across no Olher mattots in wnnecb"c￿ vAlh the examination lo attention should be drawn in this report in or¢Y6r lo enabk a proper understanding of the accounts to b8 reached. Sarah Jenning$ IFCAI For and on behalf of Azots Aud5t se￿￿¢•1 5th Fknor Ashford Comm•rcl￿ t)Jarter 1 Dover Place Ashlor Kent TN23 1FB 3 Jiil}' 2026 Date.. GRACE TO YOU EUROPE STATEMENT OF FINANCIAL ACTIVITES (INCORPORATING INCOME AND EXPENDITURE ACCOUNn FOR THE YEAR ENDED 31 OECEMBER 2025 R••trlct•¢l Unr•st￿¢t•d nd8 fund• 2025 Total 2024 Total Not• Incorno from: Donations and k89acie$ Donations- Sehdar¥hip Donations- Consultancy ChariiabK8 o¢tsw1193 Sal• of rèctsrdings ond lit8ro¢uro Grace To You 8UPWt In kfrnd Inlgrg$t re¢eiv8ble 5.916 189,848 195.782 202.798 10,000 30,0 20,000 20,￿0 31.093 206.270 5,003 31,093 206,270 5,003 56,861 180,741 6,446 Tot•1 In¢om• 25.916 432.212 458,128 488,646 Exp•nd5tur• on., Charitable activlts"05 42.853 462.619 505.272 541.394 Totsl •xp•ndltur• 42.6S3 482.619 505.272 541.394 N•t mov•m•nt In fvnd• 118.7371 130.4071 147,1441 IY,7481 R•¢on¢lllatlon of fund•: Fund bo*n¢o$ at 1 J¢nuary2025 29.078 263,248 292,324 347,072 Fund b4lin4•1 *t 31 Do¢•rnb•r 2025 12.341 232,839 245.180 292.324 All transactyons are denv•d from continuing aCDwD"•S. All r•cegnis•d gains or loss¢8 aro in¢lud¢d In lh¢ $￿tement of Financi81 Acbviti•8. GRACE TO YOU EUROPE STATEMENT OF FINANCIAL A￿MTEs IINCORPORAnNG INCOME AND EXPENDtTLIRE ACCOUPffj FOR THE YEAR ENOED 31 DECEMBER 2025 PRIOR YEAR COMPARATNE ONLY R•¥trld•d Unrn•trf¢wd fvndl fvndl 2024 Totsi •t• Incom• from: Donations and legades Denalions- $ch￿arShIp Denab'ons. c￿$￿11•r￿Y Charitable 8cbMU•s Salé of recordlngs •nd li14ralvr• Grace To You Support In kind Inl8ro$1 r•c•lvatqe 193.243 202.798 10,000 30.000 iO,OC#) 30,0 56.661 180.741 8.446 ,661 180,741 6.448 Tot•1 InGorn• 49.555 437.091 48e.646 Exp•ndltur• •n: Ch8rf¢abl• OClivi11•8 38,402 502.992 541,394 Tot•1 •xp•ndNur• 38.402 S02.992 $41,394 N•t rnov•m•nt In fund• 165,9011 154.7481 R•¢on¢lll4tbon of fvndl: Ftsn¢ balan¢•s at 1 January 2024 17.925 329.147 347,072 Fund ￿lIn￿l at 31 D•¢•mb•r 2024 29.078 263.246 292.324 I trnnudonl 4r• d•rtv•d from conbnuinq athwts•i. All r•cogniMd o?Ins or las￿ ar• In￿ul•d in the S￿1•MInI of Fln•w•l AcbMtI•s. GRACE TO YOU EUROPE BALANCE SHEET AS A T 31 DECEMBER 2025 Note 2025 2024 Flxed assets Tangible assets 3.812 4.078 Curreni assets Stocks D8blors Cash at b8nk And in hand 39.285 2,289 210.652 252,226 31.989 8,984 262.897 303,870 Credltors.. Amounts falllno due wlthln vJar 110.8581 115,6241 Net current as#et8 241.368 288,246 Net a8•ei8 245.180 292,324 Ropr•s•nt•d by Resiricled funds Unreslitied funds Dosignaied funds General funds 11 12.341 29.078 10 75,000 188.246 292.324 172,839 245, 180 For the financial year ended 31 December 2025 the ccmpany was enblled to exemplion from audil under section 477 ol the CoMpan￿S Act 2006 r8latsng to sm811 eompanw. Trustees, responsibilities The members have not r6quirod th8 eompany to obtbin on audil ol its finanrial ¥talem¢nt$ lor ihe ye8r in qu?3tion in accordance wth se¢lion 476.. The Trusiees acknowledge their reSP￿sIbIlit￿S lor cornp￿n9 with th8 requirements of the Act with re8pecI Io accounting rKords and pregaralion of finanual stalem8nis. Thes8 financial stalemenls have been wepargd in ￿th the special pwsk)ns of Part 15 01 the Companies Act 2006 relating to small companies. 25 June 2026 Th8 finan￿al statements wer8 8pproved by the Board of Twstees on .. ................................. and were signed on Ils behalf by. Trustee Company No- 08211924 io- GRACE TO YOU EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accoun￿n9 pollci•s 1.1 Accounting convention Grace to You Europe is a private lirniled ¢A)mpany by guarantee and registered charity wth the Charity Commi&sion in England and Wales 8Trd a registered comp8ny in England and Wales. The address of the r8gi$tered office is given in the d)arty infom)a¢ion on pa9e 1 of these flnancial statem•nls. The nature of the charity's operation5 and [￿nCipal 8cliMties are the advancemenl ol the Christian laith and such other charitsbje purposes 0$ the Trustees shall from time io time datemiine. The chaiity consts'tutes a pubtic ben8fii ènlty as d￿ned by FRS102. The finanaal stai•m8nts hav8 been p￿Pared in accor(lance with AccounbThJ and Repoflin9 by Charities.. Statement of Recommended Praclica applicablè lo ch8rities preparing their accounts in accordance with the Ftnancial Reporting Standard applicable in the UK and Republic of Irekn¢J issued in Ctlobef 2019. Ihe Finanaal R8porbng Stand8rd applicab￿ in the United Kingdom and Republic ol Iretand IFRS 1021. thè Chanthes 2011, thts ¢￿panIeS Act 2006 and UK Generally Accepted Accounting Practice. The finan¢lal Slatgrnents alè prepared on a going concem basls under Ihe hIstorf￿1 cost cxjnvention. modifièd to includ8 certaln il•ms al falr valu¢. The financiBI Sla¢￿ents are p￿pared in sterling vknlch Is tho fvnctlonal currency ol the chanty and rounded ￿ Ihe nearesi É. The 8lgnlfiegn¢ accounbng policies 8ppl*d in the preparatkn ol Ihese fin8ncial statements a￿ set out below. Thèse P0Th'c￿$ h8ve been consi$l￿ty applied to all years preeenteé unless Oth•M$a sta¢ed. 1.2 Fund¥ J¢¢ounllng Unrestricied Inwme funds comryise Ihose funds *hich the Trustees are fr$¢ to use for any purpose in lurtherance ol the ch8ri1abl8 objectives. Unrestrict8(I funds i￿lUde d8signai¢d hjnds vkn?re the Trustèes, al thelr discrelKJn, have created a fund lor a spacific purposè. 1.3 Incom• r•eoonlllon All incomè is included in the Stslemént of Finanual Actiwlies ISOFAI %th•n Ihe charity Is 1998lly entillad lo the intome after any performance eondib'ons have been met, the amount ean be maasur¢d reliably and il is probabl& that tha income wll bè received. - Voluntary inccrfne induding ¢JLN)atK￿S and gths ￿ Ind￿ja￿ in the Statèment ol Financial Activitsè$ when receivable. . Inc0rn8 from sale of recordiFvJs and lileraiure represents the amounts recewed from ihe saje of goods In respect ol the charitys objectives. - Donatod senrices aro recognised in in¢c￿e at their Iwr valve vth¢n their benèfit 1$ Probablè, it can b8 measured reliably and Ihe charity has rA)nlr(l over the item. Fair value is det8mined on Ihe basis ol the value ol the gift to the chanty. For example tho amwnl tha chanty would be wlling to pay in the own market for such facilrties and se￿ices. A c(¥r85ponding amtrjnt is recognised in expenditure. Inveslmenl income is earned Ihro￿Jh hdding assets investrnent purposes such as shares and propaty. It includes dividends and interest. Inierest incom6 is recognised using the effective intor85t m8th¢)d and ividènd income Is recognised as Ihe Charity's nght lo ￿ts1¥e payment is established. - Grac8 to You Suppcrt inc(sm• is recognised wthen receivat48. ThLs can in the forrn ol donatad semces or actual donations. li- GRACE TO YOU EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202S counting policiwa Èxpendiiur• recognltlon All eKpendilure is accounted lor on an acLyua15 ba515 and has been d35wfied under beading5 Ihal aggregate all Costs ￿lated 10 the ￿tegOry. Expenditure 1$ recognK%ed Whe￿ there is a legal or ¢￿strUctiVe obligation to make payments lo third parties, it is yobatr4e that the setdemenl ￿11 b8 required and th8 amDuni of ihè obloaiK)n ¢an be me85ura rella￿y. tt is Categ￿lSed under fcAkn4ing heaings.. . Expenditure on chartsLI8 activities cc￿priSes those costs inojrrad by the thanty in the d81ivery of its aelivilies ané seNices ils tw￿l￿aries. 11 indude5 bolh o)sts alIC￿ted directly 10 Such 8cINities and those ￿$ts of an Trndir￿ nature necessary ¢0 gJpport Ihem lrne¢verable VAT is eharged as An txptnse agBin51 th8 adivity Icfj which expandibJra ar￿￿. 1.5 Tanglble Ilx•d asMt$ and depreclatlon Tangible fixed assels are slated 81 eA)Sl Ifx deemed o)stl or Valuots￿ less 8¢£uM￿ated depreciation and a￿UMulated irnpalnr¢nt kjssos. Cost Inth¢Jos co$ts rtir8¢tty atlritxjtsble ¢0 making the assoi capabb of OP8r81ing as inlanded. A55e15 cosling £2(￿ or rnore be capitalised. OepreualHJn is proTrAded on all tangible fi'xed assets. at rattss c4lcuLatett to wnie off Ihe COSL 10$8 estimated re>JuBI vaknry. of each asset on a syst8rnalic basis over11$ expected useful Ilfe as folknws. Office EqUIw￿nt Furniture and FIxtu￿S Recordlng equiprnonl 25% 8traigh¢ bn¢ 25% slraighl line 25% straighl hne Sto¢ Si(Kks are *8led 81 the of cA)sl and e$knm&ied ￿ling price less eosts 10 compl•t• 8nd sell. Cost indud8$ all costs of purchas8, cosis ol conVers￿n and other costs Incurred In bnrySng 10 11$ ￿sent location and condilDn. Cost is cakuL4led using Ihe first-￿, firsl-tyjl formuja. PrOv￿10n is m&Je for damaged. obsdete and slow-movlng stodt where apprcwat•. Oebtors and ￿￿1t0T8 recelvabl• I Pa￿b￿ wlthln on• yoar Oeb¢ors and creditor5 wlh staled Inlefesl rale and receivab￿ u payable wthin one ye8r are recorded al Iransaciion price. Any k)sses ari&ng from wnpaimienl are recognised in exp8ndrture. Penslon COnt￿butionS The charrty operate$ a ¢Jefined con¢rflyJbon kknn for lh• b￿efft d its empwes. ConiF¥yJbons aye ewensed as they becorne payable. Tax The charity is an exempl charily wlhin the meaning of Schedu￿ 3 of Ihe Charities Act 2011 and Is eonsidered lo pass the tests sel out in Paragraph 1 Sthedule 6 Finan￿ Ac¢ 2010 and therefr￿e It rneets the definition of ¢hari¢able ¢ompany Ic¢ UK tax puryv)s•s. 1.10 Golng ¢onum The financial statements have been prepa￿ on a ￿Ing cxyKem basis as the Tru$i¢os bolievo Ihat no maiorial uncertainties exist. The Truslees have considered the level of funds held and fft8 8XP8Ct*d level of inrmie and expen(filure for 12 rrw)nths fr(xll aulhorisin9 these finanual slaternents. The buégeled Inco￿ and expenditure is $uN¢ieni with the levd of reseNes r(w Ihe ¢hanty to be abk to ¢￿hnVe as 8 ￿ncern. 1.11 Judgements and key SoU￿e5 ol estlmatlon uneertalnty Accounting e51imales and judgerrents are continually evaluated and are b85ed on htstoric21 experience and other tsctus. indudino expe(tslions of fulure events that are be1w￿j to bè rea5￿ab* under the ar￿j￿£￿nCe5. 12- GRACE TO YOU EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2025 Accountlng polkl•s 1.11 Judgernents •nd key aourt•s of estimallon unc•rtalnty IGonllnu•d) Useful economic lives ol lang1b￿ a55ets.' The annL￿1 ¢lepreciation charge lor tsnu*blts Jssets to change5 in Ihe eS￿Mated useful Iv68 and r￿dual values ol Ihe assets. Tht useful Iv88 and re&dual vatues are reasstssed annu811y. Thay ar8 amended whtrn necessary curren¢ esimiaies. b8seLI cffi lechnoj0gic￿ advancernenl. fuiure Inveslm8nis. at(￿ornI¢ utslisation and the ￿y51r•I crffidibon ol the assels. See nots 6 tbé 8rroJnl of the proparty ￿8￿1 and equipment. and rKJt¢ 1.5 lor the useful 8co)omi¢ live5 for each dass tsfa5sets. Stock prOV￿On Stock levels ar& revitr￿ on for dow or c**olai8 si in ro$pecl of chanvs pnmary charilable ob￿cti￿. Support ¢o•is 2025 Total 2024 Total Insurance Tr8v811iThJ, subsisienee and conferer Rent, r￿mM￿nty and u111￿e$ Offico expenses AA8thine Maint8n8nce Computer suppon IMPR.ITI Bank and cr8Olt card ch8rges R6pairs and maintenance D8pr8uatien . office equlkMm8nl Accounting suopryt IA2etsi Atrfjuntsncy lees Independent examifftrfs fees Printin9 War8heu*no 2.204 25.520 11,816 4.802 2.682 2.2 7.081 3.423 2.496 4.877 2,100 12,318 10,364 5.441 3.184 435 4,338 1,691 2,188 4,986 822 3,6 11251 4,320 145 72.524 51.322 -13- GRACE TO YOU EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Staff c08ts and kay management pornon￿l r•mun•ratlon 2025 2024 Gross wages Employerfs Nl EM￿OyalS p8nsK 1 f5.413 3.849 14,751 134.013 112.087 6.702 14,701 133.490 The average ol empkJ&ws duriNJ the ￿rWa9 312024" 31. Th8r8 are no employ88S Wth errKjluw￿￿ts al￿8 £60,O¢Y)12024.. £60,¢MJI. The Trust88s con%d8r the board of Trustees and the senior rn8nag8ment learn rxJmprise the key management personnel ol the charity in charge of directing and controlling. running and operating the charity on a day lo day basis. As detaikd above. no Tnjstees raceived ￿mUnerati￿ d￿ng Ihè P￿t￿j. The reANnernth)n to the sènitsr monagtsmeni team emtknyees totsi £96.77412024.. £95.1371. Tw$l••$' Y•mun•ratlon •nd r¢lmbur••d •xp•n• The Trustees have noi reeeived any remuneralion in Ihe y¢or12024. None). DuriNd the one Trustee had xpen888 rein￿188d totslling £34812024.. £1.4551 for travel r&sl8. T4n¥lbl• 488•18 Offlc• Furnlturo & Equipment Flxtures R•cordlng Equlpment Total Cost As at 1 January 2025 Additro Dispos￿9 As 8131 Oecernber 2025 18.135 1,881 19491 17,067 1,021 349 2,16S 19,321 2.230 1.198 20.353 249 1.918 1.370 O•pr•cl#tl•n As al l January 2025 Charge lor the year Eliminale¢Y on disposal As al 3108cernb8r 2025 12.921 2.020 1.021 1,301 432 15.243 2.496 1,198 13.992 Net book value As al 31 December 202$ 3.075 305 432 3.812 As al 31 December 2024 3.214 4.078 Stocks 202S 2024 Slcth for rtrsale Stock of staticnary 38.728 557 39.285 30.881 1.108 31.989 Debtorn 2025 2024 Trade debtors Prepayments Other debtor5 3.659 1.276 4.049 8.984 1,792 497 2,289 14- GRACETOYOU EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Crndltorn.. Amourts falllng du• *lthln on• 2025 2024 Accruals Other Creditors 5.765 5.093 10.858 8.104 7,520 15.824 10 DMl9n•t•d fvnd•. 2025 O•Algnatl¢ r•ha••d At31 DK•rnb•r January d•slgn•tlon 2025 2025 Liiaraiur• tr8n91*tlon ond in Eur¢w• P•sior•i Hardship Grants Grace Roachos Out 10 Rcrfnani Scholarship Fund Conl•r•nc 120.thxl 10.OC*) 15.C#)J 10.C 15,OC#) 5,0fy) 30,W) 60.O¢JJ 10,orKI 15,OQ) 5.000 30,000 60,000 If5.ory]I 30,000 75.OCrfJ 130.0th)1 175.0001 D••lon•wd lund•. 2024 D•algMtl•n r•l••¥•d At31 D•¢•mb•r 2024 J•nu4ry dMl9n•¢ion 2024 Lileraiufe translo1￿ and orfnung kn Eurw• Pastoral Hard$hip Grant8 Gra¢• R•a¢h•$ io R¢m•nk8 Conf•r•nc•# The Ma818rfs Sernln8ry Scltyarship Fun¢J 120.OC(I 15.OCQ 35.00) 1100.0001 11S,000 120,0001 20.000 10.000 15.¢00 30,OCpJ io.oco 12.0(M) 182.WQ 112,1YXII 147,￿0 40,WJ 7S.000 LIMr•lur• tr•nl•ti¢n and Mnbng in Eur Tr•nsKgbw projecti in 2025 %4w• out In Poli•h, ￿banIan •nd DaDIth. Pi8torai Hird¥h** Grnnts To hlp •ikiYs*• fffi•nc4* h•rdthi9 ammgst P8thr• in Eur¢Jpo. Gr•c• R•aCh￿ Out lo R￿8￿4 Tho to b• cIff￿ +>Jt¢n •th•dU￿. 2028 COnfer￿C•S Tho cwnth•• In 10 hold cwfernnc•i In Ih• fin•ro•l pIr￿d •r• Fr¥n¢¢ and tho N•th•r&ndi. 15- GRACE TO YOU EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 11 R￿trIcted funda. 2025 As￿1 January 2025 29,078 at31 December Income Expendllur• 20.IK)O 136,7371 3.950 13,9501 1.966 11,9661 25.916 142,6531 Tran5f•r8 2025 12,341 Theological Consuiiancy TMF Pastors, R8tr8at Digital Madia 29.078 12.341 R•8trict•d lunds. 2024 Asa11 January 2024 17,925 Atat31 D8comber In¢ome Expendltur• 10.000 112.6671 116.1801 11.7791 7.776 Translors 2024 The Ma8lerfs Seminary Scholarnhip Fund Th801ogical Consultancy Romanian Sludy Bible Ma¢edonia Project 115.2581 15,258 29,078 1,779 7,776 17.925 29 078 obh¢¢i￿• of restrfcted funds Th•ologl41 Conaultan¢y This fund ènable8 the Oirectys to ob181n addltk)nal SUPPLYt with lh￿l¢4jIcaI matters. partwlaty yeachkn9, eMl8rènc4 plaming and biNical coun8elling. To enab￿ Pastors to attend Othe￿8• would be un8ble to alfcrfd lo do $0. ThIF Paaior8' Retr••¢ Dlgltsl Medla Funding from Grac¢ To You USA tr Loulso WillKimson on th¢ Project. Thè Ma81oe8 Sornln8ry S¢hol•r•hlp Fund One itiwdual was preparing for past¢Y81 ministry within Eu¥ope al Ihe compbtiM of his Slud*s.Uns￿nt fund5 al ya8r 8nd have been agreed to be tran5ferreé by the doThor lo the c￿Su￿nCy¢0Sts funds ai year end. T*￿ purpose for thg Romanian Stu¢ty 81ble conference5 which w8r8 hehl in 2024 was to launch the new Romanian MacArthur Study Bible. Romanlan Study 8lb M4cedonla project Thi5 Pfq8Ct is supporting the or9anisation ol conferences in Macedonia and the translaikjn of t￿kS and bo£4(￿(5 by John MacArlhur into Ihe maced￿lan languagè. 12 knatysls of net as8•ls batw￿n lun¢• TangIts￿ Net ¢urrent fixèd assets assets Total 2025 Unrestricted funds Restricted funds 3.812 229.027 12.341 241 368 232,839 12.341 245,180 3.812 Tangible Net current flx¢d a$$¢t$ a55e15 Total 2024 Unre51ricled funds Restricted lunds 4,078 259,168 29,078 288.246 263.246 29,078 292.324 4,078 16- GRACE TO YOV EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 13 Company *tètu• The ¢omp8ny is A Company Imited by guarantee and not hawng 8 share c8Prtal. Every member of the ¢ornpany undertakes tc wntributè in a wnding up sum not exceedin9 £1 whilsith8yar8 a member. orwithin one year after ceaslng to bg a Thrnb¢r. towwds debts labil￿•5 ¢￿trathd baforB e88*ng to b• o m8mb8r. 14 R•lat•d party transadlon$ Mr. Phillip Johnson, Trustee, 18 01¥0 o Trusts• of Grydco to You USA. DuThng Ihe >eaf. Grau to You USA donated support in Wnd toialllng £108.7S312024.. £90,839). Th8 donation is unwtri¢ted and is induded in th& Stat•m8nt of Flnandal Acbvities as Grace To You Suppryt In kind.. Th• I•￿ted expendrture. In the sarne arnounl. is includad In Ch•rlt#bla AcVvibeS under'Liternture and racovding8'. In 8ddiOon tho dwrity reC•1v￿ from (>8&8 to You USA amounting lo £97.51712024.. £89.$021. 17. ORACE TO YOU EUROPE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENOEO 31 DECEMBER 2025 2028 TMdl*g I￿1¥ 31.093 3t.093 56.661 56.661 ¢o•t of 811•• Opening ¥ 31,989 2f.545 70,134 32.075 8.7e2 ¢n￿vLYA￿wV￿*O 127,431 (39.285} 109.252 131.989 41ng •to¢k 188,1531 157,0601 77.2e31 120.¢021 Oth•rdlr•¢t ¢h4rft*bk* *¢lfvlty¢•• Gr•nN Tr•nslat¢d C4nl•rwc41 18,252 7.$57 28.711 30.991 i¢¢doTri￿ prci•ct 12.175 15,292 TMF P•stor4' r•lr••t 48.3S8 36.737 4.775 1?.T?S Fund•m•hW• ¢1 th• f•th ¢*Jrn• Rom￿1 28.970 {19),7251 1220,0211 Tridlng Exp•n••• t49• •n¢ wkaqinq T•*hon• and ¢onlw•n¢•8 •né •thibW 11,e£4 5.164 14.758 1,110 118.9641 118.8661 Don•llon• Y•.. Fr•• Ory•r• Colt r•.. Fr•• Off•rn 45.968 41.127 {40.432 21.172 1219.W)81 Qlh•rlncom• 167.828 206.270 s.o03 GrK• To You Supp lrttqrest Re¢&v4N• 180741 e.448 379.101 159.193 368.$81 130,064 Admlnl¥irnii#th •xp•M*• W•g•¥ Souai ￿rUnty P•nilon Cfmtrbuik In￿r¥￿t• Trav•lllno￿è R•rt, Gornrnunty •nd 112,087 6.702 14.701 2.100 12.318 10.364 5.441 3.164 435 3.849 14.751 2201 11.816 4.802 CompuMr $u¢puL IMPR4TI CoTh¥ult•ncy Bank and rrndil tharys Ropoifi 8nd m•nt•pl8n¢• Deprec￿11￿.01yIce equipm•nt k￿ntIng 5UPPQrt IA2rt81 Indewndertie¥arnin¢rf$ f prof￿#￿0￿81 f•os 2295 7.081 3.423 2.496 4.877 4.338 16>1 2.18 4.986 Warohou8lrrfJ Printiry 145 206.3371 147.1441 184.812 54.748 -Appendix l.