ROBERT and KEZIA STANLEY
CHAPMAN TRUST
Report and
Financial Statements
For the year ended
31 December 2025

Crawford Tipping, F.C.A.
Chartered Accountant and Registered Auditor
Auditing,. Accounts Preparation" Taxation",FÉn3rKl￿ ￿in￿Temr*)rary and pemiwwrt assFgnments
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
THE ROBERT & KEZIA STANLEY CHAPMAN TRUST
21W1lhe ChaibesAct) Re9￿81th 1011) Id) Chwbe5*mxrts RegukbDrs2(KBItrE 2((
11 is my resFtsi*iiltylO.-
of the thatitresAL*
BA818 CF INDEPEP4DENrEXAWNE￿s PEPORT
e eVKIen￿ triat￿￿￿1 t¢ rg4uired in an audit and rrf) OrAr￿ É gwl asto*tthfy
INDEPENOENTEXAMINEifs STATEIEpir
I have comrA*d nry eyBmlt￿￿ Tr) rpsp&toftrE nts{1IID141 ltsl atrAwgand. in
dta¥MtvJto Y￿attent￿.
£414
CRAWFORD nPPING,F
CHARTERED AC
CO. WEXF

ROBERT and KEZIA STANLEY
CHAPMAN TRUST
Th• Truste88 pr88enttheir reportand finan¢lal Statem￿ for the year ended 31 December 2025.
PRINCIPAL ACTivrrY
The Robert & Kezta Stanley Chapman Trust results from a bequest by Mabel Stsnley chapman
who dked in 1994. Under the tenn5 of the wbll. the Trust administered bytht Yearly Meeting of Fri8ndB
and the income to be used for charitable pury)oses including relief and mission work at homÈ or
abroad. It is al80 a condldon of the w¥ll that the capital be imiostsd and onty the Fn¢ome used.
TRUSTEES
The financial affalrn are thè ￿pOnsIbIlIty of tho Tn*tees
who are appoi1￿ted ty Ireland Yearly Meetin9. The Trustees a¥ aty•ar end. during the year. or ap￿inted
prior to the approval of the financial statements were:
Richard Bloomfield ffreasurer)
igel R.Hampton {Clerkl
Susanne Hayes
Kate Jatvey
Fiona Brown- Johnson
Charles B. Lamb
Ann Lonty
Su$anna Murdoch
Janet Pritchard
Paul Sinton
Ulster Frtends. Tru$lees
appointed until January 2026
appointed until January 2027
appointwl ufttil September 2027
appointed until September 202n
appointed until 2027
appoirf¢d untrl January 2026
app04nt8d until January 2027
apwnted ufttil Ma￿h 2027
A¢¢ountant
¢tswford ripping. F.CA.
-BIrChw￿
cknn￿nnY
Ballygarrttt
Gorey
8ankers
Evelyn Parlnerj Ibm*rfy Smith & Williamson)
45. Gresham Str¢trt
London
EC2V 7BG
Invostment Advisors
Evelyn PaTtneTS (formerty Smiih & Ylllliamsonl
45. Gresham Street
London
EC2V 7BG
Offl¢tts
Stocking Lane
Rathfamham
Dublln 16.
Nl Charity Commlsslon Number
NIC 11)2404

THE ROBERT & KEZIA STANLEY CHAPMAN TRUST
2025
31112r25
31112r24
Di￿dendS and Irrtev•8t In6trftax. *rtsco¥prthkn)
Grant RetumBd
S3,674
53.369
Totsl Incorn
71674
53,369
Grants pald
116,S4171
18,1621
18,34n
Total ¢rK8ts
24.702
28,867
DepasttAccountsat 1 Janwy
24720
,163
34.1Z7
28.
DoposrtAccounts at31 Oq¢•mlJw
24.72D
duding sele¢bng the axoutiting arrfj m*ryjLLWDeTts ur￿1￿￿J them.
RICHARD BLOOMFIELD
TREASURER
ON BEHALF OF THE ROBERT & KEZIA STANLEY CHAPMAM TRIIST
Dats April 2025

page 4
THE ROBERT & KEZIA STANLEY CHAPMAN TRUST
E SHEEf ASAT 31st DECEII
31M2f25
31112r24
Sterlng
114VESTIIEMTS
12S6.223
1.237.059
KAND CASH
24.720
CRED￿oRs
123.5601
TOTALASSET8
1238.219
FUNDS AND PROVISN)IIS
TTh￿ Fund at book ¥aluo
1,109.705
f88,323
1.112.941
125.278
1 278,028
1.238.219
irrjthliro Se￿tir￿j th8 accoJnting arKI rnaknngjojem￿ undedw"NJ them.
R￿NARD BLOOAIHELD
TREASURER
ON BEHALF OF THE ROBERT& KeziASTANLEY CHAPUAN TRUST
2nd 2026

THE ROBERT & KEZIA STANLEY CHAPIAAN TRUST
31112r24
10.ikk)
1Q.I
QCEA
15.540

THE ROBERT & KEZIA STANLEY CWMAN TRUST
lsee detsll5 on pwJ•8
Tthl
Deposii
S10rlin
B￿an￿at 1 janu￿
1235.357
1.237.05g
203.382
12Q3.5391
19.949
53.674
18.976)
145.3261
Costs Of￿￿
19.949
53.674
18,9781
(45,3261
DI¥￿er*S arvj InterBSt
NetlOutnLpwylnfkv
19.321
21.023
21.023
B8Lgnc83t 31 D￿r￿**202* b)YEva
1.235.￿7
1.702
1.237,059
Baiirtt at31 DecemtrM2024 rwk81
1.4(6,139
Nots 4. Bankamd Cash
3fM2f25
Sterfing
31112r24
sterfifvJ
24.720
24,720
Plot• 6. Crndilorn
31M2125
stlrfing
31112r24
iny
23.

THE ROBERT & KEZIA STANLEY CHAPMAN TRUST
IIENTS AS AT 31 EECEIIBER 2025
Noto & Tn*i Fund
3111¥
Storling
31112￿4
Sledry
at 1 January . t•x*
SurrJu￿In$r¢¢l of*i%8strryts
1.111941
13,2361
1.(W282
22,659
BaE•n¢gat31 IYe¢em* . IN)￿4valU
1.109,70S
1,112,941
over Value
13
I￿,836
1.440,11B
1.279.777
Nots7. In￿￿A￿￿•blOfOr N•wGThni•
31MV25
3111￿4
Swir4
Barall￿ *31 ￿er￿r. on
24.720
1￿.5S9
1*518
Balance at 31 Decombv . l>ookv¥h
323
12S,278
323
125,278
& Keaa S18nbyCh4MnaD TtLL%t

The Robert and Kozla Stsnley Chapman Trust
Invo•tmant8
P898 6.112
Nool
harej
Boo
Value
31112124 31112124
STG
21,407
9.781
10,277
25,338
14,415
Markot Addltioni Addltlonts D16PO8a18 C08tof pro￿•d1 Proflt No of
Book
Mathot MV v BV
Valuè
Unit8
ost
Unlts Dl¥posBIts
IL0881 shares
Value
Value
31112124
cost 3111212S 31112125 31112125
STG
STG
STG
STG
27.OOD
12.274
9,526
25.097
14,763
STG
STQ
21,407
STG
-21,407
Avlvg 8.7S% Cum IRFI PRF GBP 1
AmAion Com Inc
Ainoilcan T¢)wer Inc
Art•fflls Inve8lm8nl Fund
ank of AmgilcB
tIARC 7.37% UK US Quarterty INC Noib 5.3.31
20,000
70
20,0
70
65
25,1e3
420
25,000
9,781
10.277
25,336
14.415
24,977
11112
2,231
8.484 11,7931
26,560
214
17.173
2.758
25.068
25.183
420
25,000
24,977
14.ODO
5.731
727
20.000
36,Lh)O
20
27,073
8,084
83,458
29,531
44,259
20,237
£0.00 £0 00
£0.00 £0.00
600
4.057
105
20.005
2,300
19.953
1,520 20.927
23,500
29.755
11,000
19.349
8,000
11.896
16,200
25.445
17,000
19.986
3,808
23.428
15,000
15.638
42,700
42,972
19,443
30,751
14334
30197
16.500 24,738
280
30,373
19,852
7,141
85,359
36,651
64,195
20,162
£0 (N)
£0.00
44,464
39,706
20,870
20,4e7
30,010
13,088
47,118
24,115
20,281
22.239
34,470
34.Je7
10,651
25818
20,295
27.882
14,000
5,731
27,073
8.084
-18,533 -10.540
-8,088
nG'I SICAV S A. Ord NPV
Ulbckrock A88el Moml Irdand
Blgckrock Conlintrnirjl
riNY Mellon Globgl Fund5 pIG US equSty Income
cIBr 8 03 UK US Income c811
Clflc &STX S&P Income AulgGwll 17.102031
CITI FI'SE Euro Inctsm8 Note 06.02.31
LRII Ord IURO 32
I"doowood L SelBci us Sèl8
14,110
7,568 103.576 6,CM)8
0 20.000 29,531
44.528 14.995
36.ODO
44,259 69.163 24,W4
20
20,237
.20.000
-237
20
29￿0
20422
29252
20
20,422
29.000 29,2S2
4,057
20,005
20,483
29,174
66,824 51.767
39,568 19.363
105
19,OS3
-19.75e
-195
1,520 20,827
27,732
8,806
23,500
29,755
23,054 16.7011
11,OOD
1P,349
12,B04 16.5451
e,o(K)
11,896
70,428 58,S32
1e,200 25,445
31,122 5,877
17,0
19,988
23,S38
3,552
3,808
23.428
23,686
258
0 1S,000
15.638
39,28S 23,648
35,006
42,972
36,121 17,6441
19,443 30.767
19,101 111,8501
14,334
30,197
27,192 13.0051
0 18,500 24.738 26.235
1.497
280
30,373
2B,131
12.2421
200
28
2.365
2,C68
4,000
40,754
69,102 28.348
55
14,136
19.776
5.639
2,800
28,653
46,900 18.247
205
14,165
12.236 11,9301
0 28.942
29,785
26,901 12,8841
15.000
27,361
26,596 11,7861
100
9,946
3,802 IG.1441
150
20.797 10,65fj
120
14,554
11,389 13.16Jl
2,500
13,238
28,613 15,375
0 30.000 29,399
26,388 13.0111
10,000
17,056
12,350 14.7Q61
1.400
29,614
31,780
2.108
9,500
27,773
39,39B 11,625
50
9,05T
10,254
1,197
Ilrotylli.'(Hl UK Winil plc
.11$ Moiumii olrJl)al emerging m$fkets
l Tru#1 & l)oiiiiiAI 2Jp ordlnary
35.or
42,972
42,7C
42.972
42,973
I Ivydb l &U 10p uTdlnory 8h8r8s
l owl#n(I InvablrnDnl Co Ord 25p GBP
2LhJ
289
4.rm 40,754
55
14,136
2,800
28,853
205
14,185
28.942
29,785
15.000
27,361
100
9,948
10,141
14.S54
13.238
29,399
17,058
29.614
27.773
9,057
58.896
18.529
36.060
11.749
28.482
23.700
6.864
16.096
10.140
15.925
25.809
12.￿0
27,804
36.561
9,977
MurTOy Inl I rijil Ord QBP.26
NlnBlV ()titr l-urid M4riJDoio GIDbo1 EnvSronmenl
Nordlak
Nvldlj Corp
120
Ralhbofjg Unll Tlubl Elhlctsl Bond
ReBI E81#1D CroOII IlnvoBimeDI
RIT L&p Partners Ord C?BP I
Sanltsm Artili&81 In1911igen
Schnelder EIDGtrlc BE
30,0
10,000
1,400

The Robert and Kezia Stanley Chapman Trust
Inv•$lmonts
g• e,w2
Noof
Book
Valu8
31112124 31112124
STG
5,400 25.218
7,850
19,895
13,500
15,33S
80
32,618
35
9,923
28,500
29,580
10,000
10,812
14,349
25,223
Market Addlllon8 Addttlons Dl¥pouh Co•tof Pro￿ad8 Profft No of
Book M4Fket MV v BV
Volu•
ijnlts
Coit
Llnlts
D1•p￿al*
ILosil
V8lu•
Valuo
31112124
coot 31112125 31112125 3111212S
3TG
8T0
STG
STG
28,944
6,400 25.216
36.632 10,316
21.430
7,850
19.895
26,769
8,874
10.836
13,500
15.335
10.666 14,G701
37,810
10.074
19,409
27.200
17,015
24.863
8TQ
8TG
sro
S¢hrod8r A858 Pacific Fund
Schroder OrieniÈl Intom8 Fund
SequoiB Economlc Inlra Inc Fund
SSGA SPDR EFTS Europty 1 PLC
Slrykor Corp
Supermsrker Income Rell
Temp19 Bar Inve8lmenl Tru81
Tycho ICAV Tycho Arele Macro Sl
UK Govl 4 25'kSenlor Bonds
UK GDVI 4.375'/o Bonds
UK SO￿ 4.5% Bonds
UK Gow 50ASenKir Bond8
32.610
40,640 6,022
25
9,923
0 28,500 29.580
10,000
10,612
115
14.349
0 25,000
25,223
24,500
25.221
0 25,000
25,840
9.145
23.227 16,3Jll
37.860 27,238
18.220
3,871
26,235
25.207
26,422
25,000
24,8QO
25,221
25,000
25,000
1.000
730
25,640
25,202
5,993
18,812
14181
25.414
45.480
16.396
2S,000
1,000
25.202
5,993
.25,205
-5,704
898
8.704
-289
89e
730
355
8,704
16,612
40,434
43,1S2 37.446
18.843
2,231
40,876
Veolia Environment ADR
xiracker8 IIEI PLC S&P 500 UCITS ETF 2C GBP
355
40.434
Totsl Inve¥tmont#
1 23S 368
1404 437
203 381
203639 -200J03 4236
1236 200 1566 613 330 413
Cash on deposll with Evotyn Pgrtnors
Cash on deposlt ￿th Evetyn Partners
Tran818rs
278
1424
278
1,424
-140.305
160,253
-137
-8.e39
40.050 6,976
20,089 20,089
933
933
53,e74
-45,328
-2,0
1,940
48,9e6
Tot&1 CA•h Invggtm•nto
S3 874 -189 271
-611 200 303
21 022 21022
12aT 080
1406 139
1256 222 1 SB6 635