DIlSHAm CHURCH LANDS TRUST The Charity was established in 1788 by a group of local residents in the Parish of Dittisham and in 1879 a trust deed was drawn up and registered with the Chariiies Commisslon (No. 258288). This wa5 further amended in 1966 and 2014. The Trustee5 appolnted under the Trust Deed are up to three ex-officio (the Vicar and Churchwardens of the Parish of Dittisham) and four non-otricial Trustees, resident in the said parish or within a convenient distance therefrom and appointed by the existin8 Trustees. The present Trustees are.. Chairnian Mr l Keith The Parlsh Priest Rev Dr Andrew LangIey Treasurer & Clerk Mrjm Moulsdale Churchwarden Mrs P Mathews Member Mr T Leeman The Clerk & Charity address is: Mrjm Moulsdale Winterfold, The Level, Dittisham. Dartmouth TQ6 OES The Charity was established primarlly for the repair and maintenance ofthe properties of the Parish Church of Dittisham. With no remaining separate properties, the current objective of the Trust is for payment of any charges lawfully incurred by the Churchwarden5 in the malntenance and repairofthe fabric of the Church and. subjert thereto. in payment of the like charges In respect of services of the said Church and the furnSture thereof. The attached accounts show the current state of the finances. whlch the Trustees consider to be sound. The income ofthe Trust for 2024 was £28,836 (2023- £27,430) and expenditure was £3,135 (2023- £nil). The market value of the investments held in the Pernnent Endowment Funds. Accumulated Income Funds & bank accounts at 31 December 2024 amounted to £778,066 (2023 - £735,868). The bankers to the Trust are the Nat West Bank Palgnton. The Independent Examiner is: Mr I Wells, Lapwlng Cottage, Manor Street, Dittisham. Dartmouth TQ6 OEX Chairnian aerk
DirnsFk4M CHURCH L4NDS TRUST Balan¢e jheet as at 31 D•e 2024 3111212024 31M212023 Investments Ise• not•) PERMANENT ENDOWMENT FUND CBF Invgstrnent M&G CharthJrKJ 223.345 116.835 340.180 218.347 113,866 332 214 ACCUMULATED INCOME FUND CBF Investment M&G Charifund 253.558 247.885 109.629 357.514 Co¥h CBF Deposrt N81 West currenl 71,19) 651 71,841 45.4 851 46.140 TOTAL ASSETS 778, 735.868 Repws¢nted by.. PERMANENT ENDOWIAENT FUNO 8818nca blf 1 J8nuary Ch3nge in market Val during ts y Balance at 31 D9¢ 332.213 7.7 340.180 316,027 16 186 332 213 ACCUMULATED INCOME FUND B81an(* brt 1 January Change in market value duriThJ the year Exc8ss ol receipts over paym¢nts Balanc• at 31 08 403,854 8.533 25.7 357.378 18848 27,430 403.654 TOTAL FUNDS 778.C 735,888 5.7% In¥tments 81• shown at bid rnarkel vdue a8 by th& inv¢¥trnert managws. Moul8d•l& r•8sufvr
Rocolpts & Payments lorth• rIOd 31 D•e 2024 Incom• PERMANENT ENDOWMENT FUND CBF Irwestrnent M&G Chafthind 7.142 13.204 6.784 12.754 ACCUMULATED INCOME FUND CBF Investsnont M&G Charifund 8,881 6,876 13.756 6.776 13.307 Inte8t on deFQSrt acxx)unt 1.876 1.370 PaJTh•nts Eyndrture 1st George'8 Churth rnpairnl 13.135) 25.7 27.430 4.3% In¥e•trnont• noty Ao at 310•c 2024 Cost 1£) Unts Unrt value 3111212024 31112r2023 PERMANENT ENDOWNENT FUND CBF Investment M&G Charifund 57.779 41.858 99.837 9.859 23 1227 14.7240 22.8053 14.3499 2.3% 2.6% ACCUMULATED INCOME FUND CBF Investment M&G Charifund 154,285 96.554 839 10. 23.1227 14.7240 22.8OS3 14.3499 2.3% 2.6%
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl member5 of Dtttisham Church Lands Trust On acc¢>unts for tho year ended 31 Dber 2024 Charity no (If any) 258288 Sot out on pages I report to the trustee$ on my examinakn'on ofthe acnts of the above charity (kne Trusf) for the year ended 31112124. RpOnsIbIlItieS and basis of rgport As the chantys trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {Ihe Act'i I report in respect of my examination of the Trusl's accounts carried out under secaion 145 of the 2011 Acl and in carying out my examination, I have followed all the applicable Directwjns given by the Charty Commission under section 145(5}Ib} of the Act. Indepondant I have ¢(pleted my éxamination. l ¢onfim that no material matters have examlnerfs statement come to my attention in connection wrth the examination vthich give me cause to beIve thal in, any material respect.. the accounting records were ncrt kepl in accordara wtth Section 130 of the chant Act; or Ihe a¢unt$ did not accord with the axounting records,. or the accounts did not comply wtth the applble requirements conceming the fom and conlenl of accounts set out in the Charities (Accounts 8nd Reports) Regulations 2008 other than any requiremenl that the accounts give a Irue and fairf view which is not a matter consKlered as part of an independent eXaminatn. I have no concems and have come across no other matters in connection wrth the examination to which attention should be drawn in Ihis report in order lo enable a woper understanding of the accounts to be reached. Slgnod: Dato: Namo: John Wells Relevant profossional qualificatlon{sl or body (if any): Address: Lapwing Cottage. Manor Street. Ditiisham. IER Oct 2018