DIThISHAM CHURCH LANDS TRUST The Charity was established in 1788 by a group of Ioc21 rogidentg in the Parish of Dittisham and in 1879 a trust deed was drawn up and registered with the Charities Commission (No. 258288). This was further amended in 1966 and 2014. The Trustees appointed under the Trust Deed are up to three ex-officio (the Vicar and Churchwardens of the Parish of Dittisham) and four non-official Trnstees, resident in the said parish or within a convenient distance therefrom and appointed by the existing Trustee& The present Trustees are: Chairnian Mr l Keith The Parish Priest Rev Andrew Iangley Treasurer & Clerk Mr JM Moulsdale Churchwarden Mrs CE Anderson Member Mr T Leeman The Clerk & Charity address is: Mr ]M Moulsdale Winterfold, The Level, Dittisham, Dartmouth TQ6 OES The Charity was established primarily for the repair and maintenance of the properties of the Parish Church of Dittisham. With no remaining separate properties, the current objective of the Trust is for payment of any charges lawfijlly incurred by the Churchwardens in the maintenance and repair of the fabric of the Church and. subjert thereto. in payment of the like charges in respect of services of the said Church and the furniture thereof. The attached accounts show the current stste of the finances, which the Trustees consider to be sound. The income of the Trust for 2022 was £25.326 (2021- £22,850) and expenditure was £nil (2021- £10,000). The market value of the investments held in the Pernianent Endowment Funds, Accumulated Income Funds & bank accounts at 31 December 2022 amounted to £673,403 (2021- £716.140). The bankers to the Trust are the Nat West Bank PaigntorL The Independent Examiner is: Mr J Wells, Lapwing Cottage, Manor StreeL Dittisham. Dartmouth TQ6 OEX Chairnian l.Kl
DIThISHAM CHURCH LANDS TRUST Balance sheet as at 31 Dec 2022 31M212022 3111212021 Investments (80• nrt•) PERMANENT ENDOWMENT FUND CBF Investment M&G Charifund 225,905 123,484 349,379 116,606 316.027 ACCUMULATED INCOME FUND CBF Investment M&G Charifund 226,398 112,267 338.666 234.487 118,890 353.377 Cash CBF Deposit Nat West current 18,060 651 18,710 12,733 651 13.384 TOTAL ASss 673,403 716,140 Represented by". PERMANENT ENDOWMENT FUND Balance blf 1 January Change in market value during the year Balance at 31 Oec 349,379 33,352 316.027 307,527 41,852 349,379 ACCUMULATED INCOME FUND Balance blf 1 January Change in market value during the year Excess of receipts over payments Balance at 310ec 366,761 134,711) 25 326 357,376 312,253 41,657 12,850 TOTAL FUNDS 673,403 716,140 ents are sh¢y•vn at bid market value as advtsed by the investment managers. JM Moulsdale Treasurer 11
Rèc•ipts & Payments for the period ended 31 Dec 2022 Incom• PERMANENT ENDOWMENT FUND CBF Fixed interest CBF Investment M&G Charifund 110 5,643 5.872 11,625 5,936 6,586 12,523 ACCUMULATED INCOME FUND CBF Fixed interest CBF Investment M&G Charifund 47 5,513 5,653 6,161 6,341 Interest on deposit account 303 12 Payments Expenditure {St George's Church repairs) 110,0001 EX$$ of receipts over payments 25,326 12,850 Invgstments notè AS at 31 Dec 2022 Cost 1£) Units Unit value 3111212022 3111212021 PERMANENT ENDOWMENT FUND CBF Investment M&G Charifund 57,779 41,858 99,637 9,659 7,935 20.6459 14.6952 23.3867 15.5620 ACCUMULATED INCOME FUND CBF Investment M&G Charifund 154,285 96,554 250 839 10,966 7,640 20.6459 14.6952 23.3887 15.5620
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinetrs report on the accounts Section A ndependent Examiner's Report Report to the trusteesl membors of Ditbsham Church Lands Trust On accounts for the year ended 31 December 2022 Charlty no (rfany) 258288 Set out on pages I report to the trustees on my examination of the accounts of the above charty (Ihe Trusn for the year ended 31112122. Rospon8lbilitie8 and basls of rnport As the charivs trustees, you are responsib for the preparation of the accounts in accordance with the reqU1ments of the Charittes Act 2011 I report in respect of my examination of the Trusfs accounts Caled out under section 145 of the 2011 Ad and in carrying out my examination, I have followed all the apFAicable Direth'ons given by the Charity Commission under sedion 145(5)(b) of the Act. Independent I have completed my examination. I confimi that no material matters have •xamin•rfs Statement come to my attenkn.on in connection with the examination which g5ve me cause to believe that in, any material resped.. the accounting records re kept in accordan %ryth sedion 130 of the Charitles Act., or the accounts did not accord wrlh the accounting re¢ords', or the accounts did not comply wrth ts applicable requirements conmIng the fom) and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, vwi which is not 8 matter cortsidered as part of an independent examination. I have no ConMS and have come acfoss no other matters in ¢onne¢tion with the examination to which attention should be drawn in this report in order to enable a Fxoper understanding of the accounts to be reached. Signod: Name: John Wells Relevant professional qualification(s) or body {rf any): f/A<2) A c É ouAr/JAr Address: Lang Cott&J8. Manor Strt, Dittisham. IER Oct 2018