2022-03-31-accounts

The Parish of Dittisham Charity

Annual report

1. The name of the charity is The Parish of Dittisham Charity. It is a Charitable Incorporated Organisation which was first incorporated on 25 October 2018 under the Charities Act 2011.

2. The charity registration number is 1180440 and the HMRC charities reference number is EW97383.

3. The charity’s public address is Winterfold, The Level, Dittisham, Dartmouth TQ6 0ES.

4. The charity’s trustees at the date of this report are Johnny Moulsdale, Sune Nightingale, Graham Anderson, Jackie Kerslake and Sophia Heseltine.

5. The charity is governed by a Constitution which is dated 24 October 2018 and is available on the charity’s website.

6. The object of the charity is to further such charitable purposes under the laws of England and Wales in the Parish of Dittisham as the Trustees in their discretion think fit by making grants to support the provision or maintenance of public facilities not normally provided by the statutory authorities.

7. Dittisham Parish Council may appoint a maximum of two charity trustees. Up to three further trustees may be elected by the inhabitants of the Parish of Dittisham.

8. The trustees have complied with the duty in the Charities Act 2011 to have due regards to guidance on public benefit published by the Charity Commission in exercising their duties.

9. The charity is currently holding a level of reserves in cash and investments that the trustees intend to build up to enable a fund to be created which will enable an enduring income stream to be generated for charitable purposes within the parish.

Chairman’s report

This is the third annual report of the Charity which was formed in 2018 to assist with the provision of fund-raising for various projects within the Parish of Dittisham.

The initial publicity from the launch resulted in some generous donations from residents, over and above that required for the initial projects, and as a result we have funds available at 31 March 2022 of some £68,000 which are generating an income of approximately £1,700 per annum.

During the year to 31 March 2022 we have been assisting Sustainable Dittisham to raise funds for some of their projects in relation to habitat creation and have held further discussions about how to help some of their other ideas. We also made a donation to support the Ditsum Quiz and other local entities by paying for a Zoom subscription during lockdown. Since the year end we have assisted with funding some of the Parish events in honour of the late Queen’s Platinum Jubilee and also organised another Apple Day in the village to encourage parishioners to bring their apples for pressing into juice which was a great success.

We remain available as a source of funds for any projects that will assist or improve the Parish of any size or nature as well as being a vehicle for parishioners’ own fund-raising efforts in a tax efficient way. As we emerge from the pandemic into an uncertain economic future please contact us with any ideas or needs for funding within the Parish.

I am grateful for the contributions from all the trustees over the last year.

If you wish to contact the charity trustees please email [e-mail] if you think we can help in any way.

Johnny Moulsdale

Chairman

12 January 2023

The Parish of Dittisham Charity

Balance Sheet as at 31 March 2022

Fixed assets: Investments Current assets: Cash at bank and in hand Net assets The funds of the charity: Restricted funds Unrestricted funds Total charity funds	Unrestricted Restricted Total funds funds funds 2022 £ £ £ 60,271 - 60,271 7,661 593 8,254 67,932 593 68,525 - 593 593 67,932 - 67,932 67,932 593 68,525	2021 55,664 6,607
		62,271
		493 61,778
		62,271

Approved by the trustees on 12 January 2023 and signed on their behalf by:

Treasurer – Sune Nightingale

Accounting policies

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value except for fixed asset investments which are recognised at market value. The accruals method has been used.

The Parish of Dittisham Charity Statement of Financial Activities for the year ended 31 March 2022

Unrestricted Restricted Total funds funds funds 2022 £ £ £ Income and endowments Donations (including Gift Aid) - 100 100 Investment income 1,717 - 1,717 Total income 1,717 100 1,817 Expenditure Expenditure on charitable activities: Zoom, village hall, susdit 169 169 Total expenditure 169 - 169 Net income 1,548 100 1,648 Net gains on investments 4,607 - 4,607 Net movement in funds 6,154 100 6,254 Reconciliation of Funds Total funds brought forward 61,778 493 62,271 Total funds carried forward 67,932 593 68,525	2021 568 1,362
	1,930
	1,183
	1,183
	747 5,005
	5,752 56,519
	62,271