DirrisHAM CHURCH L4NDS TRU The Charity was established in 1788 by a group of local residents in the Parish of Dittishdm and in 1879 a tst deed wa5 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 Trustees, resident in the said parish or within a convenient distance therefrom and appointed by the existing Trustees. The present Trustees are: Chairnian Mr l Keith The Parlsh Prlest Rev Andrew langley Treasurer & Clerk Mrlm Moulsdale Churchwarden Mrs P Mathesvs Member MrT Leeman The Clerk & Charity address is.. Mr]M Moulsdale Wlnterfold. The IEvel, Dittisham, Dartmouth TQ6 OES The Charity was established primarily for the repair and maintenance of the properties ofthe Parish Church of Dittisham. With no remaining separate properties, the current objertive of the Trust is for payment ofany charges lawfully Incurred by the Churchwardens In the maintenance and repair of the fabric ofthe Church and, subjett thereto, in payment ofthe like charges in respert of servlces of the sald Church and the furniture thereof. The attached accounts show the current srate of the finances, which the Trustees consider to be sound. The income of the Trust for 2023 was £27,340 (2022 - £25,326) and expenditure was £nil [2022 - £nil). The market value of the investments held in the Pernianent Endowment Funds, Accumulated Income Funds & bankaccounts at 31 December 2023 amounted to £735,868 (2022- £673,403). The bankers to the Trust are the Nat West BanL Paignton. The Independent Examiner is: Mr J Wells. tapwing Cottage, Manor Stree( Dittisham. Dartmouth TQ6 OEX Chainnan Clerk
DtrTISHAM CHURCH LANDS TRUST B¥lance sheet as at 31 De¢ 2023 31112r2023 31112r2022 Invasbn•nts1ge• note} PERMANENT ENDOWMENT FUND CBF Investrnent M&G Chanfund 218.347 113.866 332 214 199,421 116.606 318.027 ACCUMULATED INCOME FUND CBF Investrnent M&G Charifund 247.8&5 1CB.629 357.514 226.398 112.267 cash CBF Dwsit Nat West ojrrent 45,4 651 46.140 18,060 651 18.710 TOTAL AssErs 735,868 673,403 Represented by. PERMANENT ENDOWMENT FUND Balan blf 1 January Change in market value during the year Balance at 30 Jun 316.027 349.379 33.352 316,027 332.213 ACCUMULATED INCOME FUND Balance blf 1 January Change in market value durirrtJ the year Exces5 of receipts over payrnents Balance at 30 Jun 351.376 18,848 27.430 403.654 366.761 134.711) 25,326 357.376 TOTAL FUNDS 735,868 673,403 9.3% Investme ts are 3hwi at bid markel v*ue as athised by tho mveslrwt manager5. Moulsdale Treasurèr
Recolpts & Paymgnts for th• pwlod •nd•d 31 Doc 2023 Incom• PERMANENT ENDOWMENT FUND CBF Investment M&G ChArrfund 5.936 6.588 12,523 6.784 ACCUMULATED INCOME FUND CBF Investment M&G Chanfvnd 6.776 6.161 6.341 12.501 13.307 Interest on dept acLount 1.370 303 Paymgnts Expenditure {St Ggjrge's Church repairs) Excess of rècapts over paymènts 27.430 25.326 8.3% Investments note As at 31 Dec 2023 C05t (£1 Units Unit valL 3111212023 3111212022 PERMANENT ENDOWMENT FUND CBF Investment M&G Chanfvnd S7.779 41.858 93.637 22.e53 14.3499 20.6459 14.8952 9.5% -2.3% ACCUMULATED INCOME FUND CBF Inve8tmenl M&G Charifund 154.285 .554 250.839 10. 22.6053 14.3WJ9 20.6459 14.6952 9.5% -2.3%
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustoesl membern of Dittisham Church Lands Trust On accounts for th• year ended 31 Decernber 2023 Charity no (If any) 258288 Sot out on pagos | 1-2 I report lo the Iruslees on my examination of the accounts of the above charty (Ihe Trusf} for the year ended 31112123. Re8pon8lbllltlo8 and bas1$ of rèport As the tharivs trustees, you are reswnsible for the preparation of the accounts in accdance with the requirements of the Charities Act 2011 1.the Acti. I report in respect of my examination of the TrusY$ accounls carrSed out under seCtn 145 of the 2011 Act and in carying out my examination, I have followed all the appltable Directions given by the Chaiity Commission under SeCt)n 145151{bl of the Act Independent I have completed my examlnation. I confimi that no materlal matters have examlner's statement come to my attefttn in cOnnectn wth the examination which give me cause to beIve that in. any matenal respecl.. the accounting records were not kept in 1rdance with Section 130 of the charrt Act: or the accounts did not accord ¥th the accounting records,. or the accounts did not ccrfnply wrth the appIab requirements concerning the fomi and content of accounts set out in the Charitie8 (Accounts and Reports} Regulations 2008 other than any requirement thal the accounts give a Irue and fairf view which is nol a matter consthred as part of an independent examinatn. I have no concerns and have come across no t)ther matters in ConneCtn with the examination to vthich attention should tx drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned: Dat•: Name: John Wells Relevant professional qualification{sl or body Ilf any): Addro88: Lapwing Cottage. Manor Street, Dittisham, IER Oct 2018