Unfortunately, Tom Phillips, who remains an inactive member of the LDS Church, has announced his intentions to "forge ahead, regardless of today’s ruling, and continue to explore every possible avenue for redress, both in the United Kingdom and abroad.”
Thanks be to The Lord the case has been dismissed:
Official LDS News Release:
"A District judge in Westminster Magistrates Court in the United Kingdom today dismissed a private prosecution brought against The Church of Jesus Christ of Latter-day Saints for alleged fraud and described it as...
I also believe Joseph Smith was a Prophet of God. On reading The Book of Mormon and praying in the name of Jesus Christ for an answer as to the truthfulness I was overwhelmed with knowledge, and a certainty that this was the word of God. Since then answers have been given as to our existence...