2023-04-05-accounts - The Philipson Ditchling Trust

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Trustees			Mr RV Maxwell-Gumbleton	Mr RV Maxwell-Gumbleton	Mr RV Maxwell-Gumbleton
			Mr M R Searle
			Mr JRCastle
Charity number			1003221
Principal	address		c/o RV Maxwell-Gumbleton			Esq
			Maxwell-Gumbleton		&Co
			1 West Street
			Lewes
			East Sussex
			BN7 2NZ
Independent		examiner	Maxwell-Gumbleton		&Co
			1 West Street
			Lewes
			East Sussex
			BN7 2NZ
Bankers			Lloyds Bank Plc
			36-38Church	Road
			Burgess Hill
			West Sussex
			RH15 9AH
Investment	advisors		Brewin Dolphin Securities
			12Smithfield	Street
			London
			EC1A9BD

			Page
Trustees'	report		1-2
Independent examiner's		report
Statement	offinancial	activities
Balance	sheet
Notes to	the accounts		6-13

				Unrestricted	Endowment	Total	Total
				funds	funds	2023	2022
			Notes
Income and endowments		from:
Investments				26,078		26,078	23,908
Total income				26,078		26,078	23,908
Ex enditure on:
Raising funds				6,649		6,649	5,687
Charitable activities				31,554		31,554	21,908
Total resources	expended			38,203		38,203	27,595
Net gains (losses) on investments					(60,960)	(60,960)	62,162
Net movement	in funds			(12,125)	(60,960)	(73,085)	58,475
Funds balances	at 6 Apri12022			62,348	1,113,432	1,175,780	1,117,305
Fund balances	at 5 April	2023		60,223	1,052,472	1,102,695	1,175,780

					2023	2022
				Notes
Fixed assets
Investments					847,265		931,012
					847,265		931,012
Current assets
Debtors				13	2,414	1,115
Cash at bank and in		hand			256,046	246,683
					258,460	247,798
Creditors:	amounts	falling	due within	14
one year					(3,030)	(3,030)
Net current	assets				255,430		244,768
					1,102,695		1,175,780
Capital funds
Endowment	funds -	general		15	1,052,472		1,113,432
Income funds
Unrestricted	funds				50,223		62,348
					1,102,695		1,175,780
The accounts were		approved	bythe Trustees on... ...+II/.		. ... ... ... ... .S.. ...
Mr RV Maxwell-Gumbleton				Mr M R Searle
Trustee				Trustee

Investments
	2023	2022
Income from listed investments	21,788	20,311
Interest receivable	4,290	3,597
	26,078	23,908

Raising funds	Raising funds		2023	2022
Investment	management	costs	6,649	5,687
			6,649	5,687

Charitable activities	Charitable activities
		2023	2022
Grants to Ditchlin	Pavilion
Works to male and female WCs		16,440	10,000
Grants to Ditchlin	Cricket Club
Groundsman shed renovations		10,606	4,000
Groundswork			5,358
Grants to Ditchlin	Football Club
New goalposts and	nets	1,658
		28,704	19,358
Share ofsupport costs (see note 6l		1,260	1,050
Share ofgovernance costs (see note 6l		1,590	1,500
		31,554	21,908
Analysis by fund
Unrestricted funds		31,554
		31,554
For the year ended 5 April 2022
Unrestricted funds			21908
			21,908

Support	costs		Support	Governance	2023	2022
			costs	costs
Accountancy and legal fees			1,260		1,260	1,050
Independent examination		fees		1,590	1,590	1,500
			1,260	1,590	2,850	2,550
Analysed	between
Charitable	activities		1,260	1,590	2,850	2,550

			2023	2022
Revaluation	of	investtnents	(103,234)	62,305
Gains/(loss)	on	sale of investments	42,274	143
			(60,960)	62,162

Fixed asse	t investments
		Listed
		Investments
Cost or valuation
At 6 April	2022	931,012
Additions		99,532
Valuation	changes	(60,959)
Disposals		(122,320)
At 5 April	2023	847,265
Carrying At 5 April	amount 2023	847,265
At 5 April	2022	931,012

Financial instruments			2023	2022
Carrying amount offinancial	assets
Debt instruments measured at amortised		cost
Equity instruments measured at	cost less	impairment	847,265	931,012
Carrying amount offinancial Measured at amortised cost	liabilities		3,030	3,030

13	Debtors
							2023	2022
	Amounts	falling due		within	one year:
	Prepayments		and accrued income				2,414	1,115
							2,414	1,115
14	Creditors:		amounts	falling	due within	one year
							2023	2022
	Accruals	and deferred		income			3,030	3,030
							3,030	3,030

							Movement in funds
			Balance at		Incoming		Resources	Investments	Balance at
			6	April	resources		expended	gains/losses	5 April
			2022						2023
Permanent	endowments
Endomnent	funds		1,113,432					(60,960)	1,052,472
			1,113,432					(60,960)	1,052,472
Analysis of	net	assets between		funds			Unrestricted	Endowment	Total
							Funds	Funds
Fund balances		at 5 Apri12023		are represented		by:
Investments								847,265	847,265
Current assets/(liabilities)							50,223	205,207	255,430
							50,223	1,052,472	1,102,695

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