REGISTERED CHARITY PalMBEIL' 504332 Report ofth• Tru•tso8 and Flnanclal Slatsm•nts forth• Y•ar End•d 31•t D•c•mbw 2025 The A B Grnc• Tnwt Tth%*r8 * GomaH Lld Chartor&J Cerbfiod Accountant¥ Rfver Vknv 96 Hh Street Ggr3tsng Prgs(on Lanc4shlTO PR3 1WZ
The A B Grace Tnt Cont•nts of tho Flnanclal Stat•ments for Ih? Year Ended 31st Docomber 2025 P•9• R•port of th• Tru•ts•• 1 to 2 Ind•p•nil•nt ENornlnof• R•port Ststsm•nt ol FlTr•ncll A¢¢l¥ltl Balanc• Sh1 Not•• lo th• Fin•7 St•t•m•nts 8 kj 9 etsll•d Bt*tsm•rt of Finw¢Fo1 Actiblll•• 10
The A B Grace Trust Report of the Trustees for thg Year Endod 3181 D•cembor 2025 Irustee¥ pret thdr wth the fmrthl Slatnts ofthe charity forthe yg¥r w¥Jed 31st Doc9ml 2ff25. The INsl•e$ have wJ¢)plod tho prov151ons of A¢¢ovnllng ReportwJ by Cha8$. Stslewnl of Re¢ommeThJ8d Ptaclke apprab to chorfrttg thelr ACUnts in actOnCe th¢ Flnand81 Roport¥ Standard apF4k8ble in tho IJ< {FRS 102) (gif& l Jonuary 20101 CBJECTives AND ACTivrrEs ObJ•cllv•• •nd •clivit• Thfr man setlement 895etg hdd UN1&1 Iwsts ilKJed in Mrs A B Will dat8d 13 1979. The Sped81 IMI Tnts havg been lomty w181grgd 0j ten erwatsj cfitothe tnjsts oflhe wvjlnal 1975 dg9d. In arAordanco wkn tho Ml of Mts A 8 Grace the inclyng from th8 Clwltyls 8Wled tr chgwllÈk pu4x689. splty frthe ¢h81ikn named In tho WIM. Th Charfty cannot donats to Bnyothercharltias. dwrili88 nam&d In th8 V¥lll are BB fr4kThv8: Guth Oogs rTh¥ 811NI Lwnard Chèshhe C4sabilty Chwist Church, CfveT Royal Natic¥ial Lifthat In8titd Roy81 Sc¢ty fctr Pfole¢lOon of81rds Roy•l Sc¢bty PrntTh ofCrL to AJ4m¥ SL Helen'8 ChuK. ChuTchtoMI SL Mary'8 & Sl. er6 Churth. Bonds St. Peterf8 CMh, Sc4)rton NANCIAL REIIIEW R•MN•8 poll The Twstees akn to maint•n I of tho Tntsl w as to en8uTe trAI ov¥Ith mget b)lurfy n8•Y¥ makntslwl. STrUrnIRE, GOVERNAIICE AND MANAGEMENT Gov•mlng document The carity was 8at4i6h8d by a Twsl twd dobj S ju 1975. Tho TrLt Is rnp18iernd M4th th& Charfty Cornm0 for Erylond WaBs. ROstored mbpr504332. Tt Tw81oe8 &re GoTthn Bell, Jamès Ian Dklnson, pa Da¥id Grknwx)rJ *J ChYiAhy Yl8lmslgy. Th8 Trust985 pwr to apFdnl new Trustegs a$ rnquired. REFEREMCE AND ADMIIUSTRATIVE DETALS R•gl•t•rnd Chwlty Prfnclp•l •ddrM• 4 Wlrthcf Court Gar¥lBThJ Pton Lanrxshlro PR3 1DU rGWBel Mr J I f4cklrwi Ur P D Grlm¥Kod MrB S D Walm8l&y Pag• 1
The A B Grace Trust RoPQrt of the Trust0•5 for thé Yr Ended 31st December 2025 REFERENCE ANO ADMII4ISTrAMVE DETAILS Indop•nd•nt Exarriwr Mr M R Gom811 Towers * Gcmall Lfd Charted C8rtffj•d Acc£untarts 96 Hjgh Streot Garstang Preston PR31WZ Inw•stmwnt fvDd maY•mnt Thè porfolio of investmènts ynerÉt8S the funds ffom thch the ijtjst fflek ch8rtabb (knatFons Is managgd on behall of lh& twst ty RathlJone¥ Invgstsn¢nl M8nagem&rt Linhed. The [11(9 w89 pwIou8 by IFWOStgc wei & IstsT ur1 vnbl (É trans[eTh to R8trth)rns 12 April 2025. L7....JvA£...2r%. oTrd8lgned on Its bds911 by: Approve(I by orderof the bD8nl of Iwste88 (¥t...... - ell- Tnthe
1ndèp0ndl Examlnarfs R•port to the Tru8ts•s of The A B Graco Trust knd•p•nd•ftl •xamln•rf• r•porf toth• InAtO 01 Th• A B ¢3ra¢• Trn•t I report to thè (8rity trusteee on my examwhx of the 8¢¢ounts ofThe A 8 Tntst (the Truyl) ts)r lh6 yew eTrJed 31st L)era)knr 2025. Rp¥1blIlleI and b1$ olieport As tho tharlty truoss of Ihg Tr1 you ar¢ for lh8 wepwatlon of the JnI# In r8ry4remonts of the Chadtl•s Act 2011 I rwrt in rs¥p&X of my examlnakn of the Tnt'S accounts rarTled oul under SeLon 145 01 tho AL ?nd In cwwr¥J Qut my oxamlnaucth I have all 8ppJieat4è Dirgctlon$ 9N8n by th& Chartty Conwnlsslon Sedon 145(SXb) of tho Indond•nt 0MInets •t•tsm•nt I hBve Compl8 my nnatI. I C4th that no fflatorfal fflatlers ha cm kn my ittIc In ¢tynn•cl¢n wlth U •xarnlnatlon ¢aU80 to bqllo¥0 Ihal in any matorial vvsp8¢t'. 9¢ni# records kept OftTJ8t aswtred ty s11¢• (lthe A¢L' or tho aCcnts th rKJl accord tth those records.. or the acccKtnts c(npty wmh awkable requlrements the fm Ind nI Ofnts 8&ttyA in thè Charits•s IAcwints orKS Repgrt51 Regulalyons 2008 elhor than aiy requffnt ttsl Ihe accourtg and tslrvlow whh Ls not8 matt•r¢onsk*r8(J 08 part of an IndedanI laknn. b• drn4vn In c¥d8rlo •nb a prnp8runder81aThlrffj oflhe acrnts to be Texhod. R Gomal T¢Jrn + Lt Rryervbw 96 Htgh Str•et Garntary Prnston Laneashbr PR3 1V4Z Page 3
The A B Grdce T1 ststomeTrl gf Flnanclal Actfvltle8 for th• Yr Ended 318t Decembor 2025 25 Totsl fiJTrJ$ 2024 TotAI fund Notes W4COIAE FROII 47.9S3 47,953 48,501 Tatal 47 Ch•rlt•bl• •¥111• cha11tab Db6fFthlons 59.1)Q) 13 rolal 61.867 INGOMEqEXPENDmAIEI {4J771 59,283 27.121 CONC1UATK OF FUKIS Tolal fvThJ8 fvrwanl 14.014 1.179.715 1.193.729 1,186,e08 TOTAL FUNDS CARRIED FORWARD 1 193 729 Thè nth$ k)nn pert oftrse f1nènd8l8ithnl% Paw4
The A B Grace Trust Balan Sheot 31st Docembgr 2025 2Q25 2024 Tclal fitnd8 fund fund lund FIXED ASSETS Inveslmonts 1,240,544 1240,544 1,176.356 CLIRRENT MSETS Cash 81 bank 11.585 3a17 14,gY 19.693 CREDifoRS Amcunts or 11,9481 14861 12.4341 {2.320} NEf CllRRENf ASSETS 12 17 TOTAL ASSETS LESS CURRENT UABIUTIES 9.637 1243.375 1,253.012 1.193.729 NET ASSETS 9.637 1243 375 1253 012 1 193 729 FUNDS R•strieted fund5 En¢lVWffnt fund8 9.837 14.014 75 1 179 715 TOTAL FUND8 2 1193729 Thè fin0&1 8tstement8 Mre approvgd by the Boaro of TrLF6t•gy and au1$•d for r88u• on 7.AUelA..2p.2a... and ww¥ $hJe(l on tts b¢lKgllby: B¢ll. Tw8te8 J l Llcinwn. Tiustee Mr P D TAtse s r) Waliiiy- Trusteè The r#)tesftrfm part ofth8Ee fwrKa81 stsl¢monts Page 5
The A B Grace Trust Notos to tho Flnthnclal Statements for the Y8ar Endod 31st Docgmb•r 2025 ACCOVIITING POUCIES ofprwrlng th• flnw¢W •tst•mn¢o The finartl41 ststthnts d the ch. thleh is • nOrrt urJèr FRS 102. have beon wep8r•J In ¥¢cordarKg vAth the Charftl88 SORP {FRS 102) AGcounitr4 and ty charfl$. Statement of Recommended Prnctice applble to ¢h811e prop8rn9 th xcKJunts In accudm th the Flnarrial Roportlw StAndgrrf applkgblè In th& UK and Rgpubk ol Ireland {FRS 1021 leffociive 1 January 3)19r. Fth81 Repoitiiyd Standard 102 Tr Fin&r Rewting sdard aW¢c8ti18 In th8 UK aTrJ ROwle of lYÉlar•S And Ch3ri1ie$ Act 2011. The tharKial staiemgnts ha wop8r¢d undgr th8 hlst&lcal ¢ost corhvenikn. ¥th tho 8x¢epth)n ollnveslmènts whk 8T9 Indud•d 81 mgtst v¥lug. 88 m(Kllfigd by thg reVaIon of certaln as60ts. In¥tmont Inco I Inoyne 1$ re¢wL90a h) the siJiemonl of F[al once th& ch8rlty hag erfikmonl to ts lund8. tt1$ Proba that thè wwmè be ¥eN$d aTKI ts am¢)1 bg Nw$urgd v9tlably. ExwndStur• LlaNtIUes 10cog1ms 8$ aB 600n as there Is a legal or constDJdlve OlgatIon cornm1 thè tholty to that oxpendbwro, It Is pr¢b8ble that 8 trSfer of econo tenefits be fequhod In s&ttl8mant And tho oUnt of the obli9ation cgn be measured 1iabty. ExFxndlbJrfr 18 lor cn an b88 8nd has been dèssSlled und&r hsadlry thet awegaio all cctst r8fated to tha cat&Jory. Ivhare csts earmt bs dtredty gmrfbuted to pathal Iadi1 thèy ha¥a boèn •lk¢gted to oc1m1 on a b8ws ¢SIstert vlth th• of reSrces. Grants offered wbkcl to ctA¥JiIvs nol bgBn met at the year end ¢Jate we noted as a c(ffimarwnt Tho exwfram ts¢hathtA¢ a¢lbths. Fund •¢countlng art60 when yollad ty lh$ dcmr ortsn fvndb are ra188d kn p8rtsr#Jlar Te8tr1ded purwJsg8. ad Inv0511rS have been valued at nw¢Sm8thet ¥• In whh Rothbong5 valuaocfi at the Bal• dato. kny un(sed galns or logses on luatiOn aré Sh¢Y in Ihe slat0TnI of Finandal Aclth es f)ther IwMme'. INV&ThENT INCOME 2tr25 Int4rn8t Stoc48 Or(Iln8ry Shores Urat Tru8ts Bank I18r88t Recelwed 10.508 18,424 18.TT7 244 5.691 17,378 24,822 610 TRUSTEEV REMUNERATION AMD BEhEFITS There waré no trust. remun0rf or other benefft8 for tha year ondod 318t Do¢trr W25 nor lor tho y •r#l8d 31st [Mbtf2O24. There Were truste80' ¢xponfjs• pold lor tho year ended 3181 Deeorthr 2025 Th)r for th8 year 8ThJ8d ?1st C*ceffttsryr2024. P•Je 6
The A B Grac• Trust Not08 to tho Flnan¢lal Statement8- eontlnu•d for th• Y•ar Endod 31st Decembor 2025 COIIJPARATIVES FOR THE STATEMENT OF FINAMCIAL AcmvmES Unr•$tricltrJ Restrl¢ied End(rrtment fund fvThJ fvnd Total INCOME AND ENDOWMEi¥fs FROM InVestmt Inw 48.501 48,¢ 51.156 TX41 51156 EXPENDITURE ON h•Mtabl• •ctlTthI•s CharltaNe DIstrItrcTh8 13 10 36 72 NET INCOMÈIIEXPENDITURE) (13,2651 27.121 RECONCIUAnoM OF FUNDS Total fvnds fw8rd 27.299 1.139.309 1.166.608 TOTAL FVKIS CARRED FORWARD 14 14 1179715 FIXED ASSET INVESTIEt4TS Llsted MARI VALUE Al 1st Jarthry 2025 AditIonS DispD¥als RevaJaUon6 1.170.& 290,232 {299.241) At 318t 0ter2025 40 MET BOOK VALI At 31•t OeLxmbw2025 At318t De¢gmber 2024 Tha misvs tm16strnents 80k8ty Thwn•y3d ty RathbonaB. As Sh, Ilw af8 trtod as Inw8tmonl ¥$ts In Cost orva9bl)ft gt 31st C*c8mt•r2025 Is rwr8tsd ty.. In¥•¥bnlS V8lu81th kn 2024 40 Pag6 T conlinued...
The A B Graco Trust Noto8 to the Financjal Slat•monts- ¢ortinuod for thè Year Endod 31st D•cbmbor 2025 CREDITORS". AMOUNTS FALLING DUE wrrMIN ONE YEAR 2025 2024 )untsnty ac¢N MOVEMENT IN FUNDS rnDvemw in fvnrts Al 111125 31J12125 R•Btrlct•d fund 14,014 14.371 9,637 EndownMnt funds 1,179,715 1243,375 TOTAL FUNDS 53 1193T29 &3 aL12 mov¢m•tt kn fwKI8. hduded In th• arè as Incom Rowuyw Mov¢ment In lund$ 47953 152.330) 14.377) Endowmfrnt funds pernnent 6ndrAentInd 73.197 19.5371 TOTAL FUNDS Comptrall¥w fornnt In fvnd• At 111r24 31112r24 Re1•d fund• R¥81ithd Income Fund 272 1132851 14,014 Endowmenl fvnd• Perm8Mnt fuThl 1.139,3CIJ 1,179.715 TOTAL FUNDS 1193 729 P&Je 8
The A B Grace Trust Nots8 lo thg Flnanclal Slalement8 - Wltinu•d for tho Year End9d 31st D•c•rnr 2025 IOVEMEiif IN FUNDS- ¢onUnu•d cAparatO n61 movèm8nt In nds. Indudèd in th& abov¢ arn 0$ fc4ow8'. lrtamlng expended In fur¥ts R•¥trfEtsd fund Restrtded Fund 48,501 (81,7881 {13.2&5) End+ymont lunds P•nnan2n¢ eThafftnl fur 51,186 (10,7501 40.4L TOTAL FUNDS 99.657 A curfent yew 12 montr FvrY881 12 ftp)nth$ ¢¢)mbhxd pothn Is 8$ movém1 In fund6 At 3111V25 At 111fL4 RtrICI•d fvnd8 Rèstrktod IntAJrnO Fund 27.299 117,862) 9.637 Endowm•rt fvnd• mianert 8nd(Tfftntfw 1.139.309 104. 1.243.3TS TiJfAL FVP4D8 1166808 a04 Z012 A 10n1 year 12 )nthS •xI y 12 monlh8 wnbhd not •) funds. inrauded In •bov• 8r• a8 fd1¢). IrOrn1r# ReBWr Movèment oxp8rKled In tur Re8trfcted InLXXM Fund (114.116) {17,862} Endty•mntfvndB P8MnentWl8ntfUnd 124.353 120287} 104,(166 TOTAL FUIIDS RELATED PARTI DISCLOSURES Thr• w8r• Tr) relaled party tsansa¢knw br the aendj 31st C(mber 2026. Pago 9
The A B Grac• Trust Dots11od Statement of Flnanc181 Aetlvltl•$ for the Y•ar Endod 31st D•c•mb•r 2025 2025 2024 Flx•Y Intgre8t Stc¢k8 CKknary Shargs UnttTwsls Bank Inter•8t Rocofv•J 10.508 18,424 18,777 244 5.691 17J78 24m2 610 47.953 48x11 Oth•r Incom• Galn on sale oflnlangik41 aTwt• Totsl Incomlng r••our 121.1 EXPEIXIITURE CharflaA• prtiviil•¥ charfIa tXstiibLdl SupPort¢ts Managernert AdmlThstraUon N•¢ IrKom• Page 10
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