Charlty Regl8tratSon Nurn￿r: 1104903 (England & Wales)
Company RegSstratlon Number: 05114575
TOOLS wrrH A MISSION
(A Company Llmlted by Guarantee)
ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

TOOLS WITH A MISSION
CONTENTS
P•g•
Legal and Adnln18tratlve Information
The Report of the Trustee8
ststement of Tru8tae Responsibllltie8
hdependgnt Audltorf8 Report
10-12
ststement of Flnanclal Actlvlt1&8
13
BalanGe Sheot
14
Staternenl of Gash flow8
15
Note8 lo the Financlal Statemènts
18-27

TOOLS wrrH A MISSION
LEGAL AND ADMINISTRATIVE INFORMATION
Legal stru¢tur•
The Charity is a company limited by guarantee Incorporated In England and Wale8.
Truste8•lOlroclors
Mr S Danks
Mr K Holbum
Mr B Orchard (Company Secretary)
Mrs P Parter
Mr D WINlams (appolnted 9" January 2024)
Mrs H M Potts (appolnted 20th February 2024)
CEO
Mr J Noble
Compary r•gl•tratk>n numb•r
05114575
Charlty r•gl•tratlon numb•r
1104903 (England & Wales)
Regl8t•r•d offlc•
Unit 2 Ballay C108e
Hadlelgh Road Induslrial Estste
IpsvAch
Suffolk
IP2 OUD
Ind•p•nd•nt Audltor
Helen Rumsey FCA
Ensors Accountants LLP
Connexlons
159 Prlnces Street
Ipswl¢h
Suffolk
IP11QJ
BankeryJ
Bardays
1 Princes Stra8t
Ipswlch
Suffolk
IP11PB

TOOLS WITH A MISSION
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024
The Trustees, who aré also diroCtor8 of the charfty for the purposes of the Companie8 Act 2006, present thelr report
with the finandal slatements of the charlty for the year 8nd8d 31 Ociober 2024. Th8Be have been prepared In
accordance with the provision5 of the Charitles SORP (FRS 1021. the Flnanclal Reporting Standard applicable In the
UK and Republlc of Ireland IFRS102) and Ihe Companies Act 2006. When setting oblectlves. developlng strat8gies
and undertaklng acti￿1￿0$. lh8 Trustees have glven CAreful conslderation to the guklance on publlc benefit provided
by the Charfty Commission lor England and Wales.
The Inforniallon on page 1 forms part of th15 report.
Throughout thls report, the term 'TfUSt•e6"18 U8ed to denote the dlrectorn ol the company.
ObJ•ctiv•$
1.1 Alm• and objoctlvos of th• charlty
The prfncipal aGtlvlty of Tools with a M185lon (fwAM) IB lo glv8 pradlcal expre￿lOn to tho Chrlstlan falth by the
provlslon oftools and gqulpment to communSty-bas8d projects, tralnlng worf(shops and tralnees. The Chartty collect8
onated usable tools, refurblshes them, sorts Into trade kits and sends Ihem to the developlng wortd for Ilvellhood
creatlon. In this way. It alm8 to all6viate povety wlthin communltles affected by lack of edUCa￿n ond amployment
We work viith churches, community groupg and NGO'8 to d8velop skills tralnlng centros provlding vulnorable people
of all ages wlth practlcal skills that lead to employment ar￿ th8 allevlatlon of the effects of poverty.
1.2 Th• 20204025 Strat•glc Plan
The organi8atlon had been worklng to a Slrateglc Plan that was due to come to a close In 2025. Progrésg contlnued
to be made to thls plan, wlth the Rugby refu￿1$hment centre consolldatlng its performan¢e and incr6aslng the
number of conlainers that It was able to despatch.
The most slgnifKant change in the year was tha d8parbJm of Mlke Gdffln and the arrbval of John Noblo as our new
Chiel Executlve Officer. John, hailing from South AfrirA. has a background in both buslness management as Y￿11 as
development Work, and offern a robust 88t of skllls to take TWAM forward from the positlon that Mlk• had capably
built.
Naturally, tha change In leadershlp meant a perlod of review and wa focussed in partlcular In the followlng aréas:
stabSllsatlon of the operations. resouwcing of key areas In order to understand and overcom8 key challenges, space
analysis 8nd process flow, and developing netrlvorks and partnerships. We also completed the bullding of, and
Implemented. the onlln8 ywAMAppl￿ system in order to improve the experlence of the lool request process for
both our raclplents arKI our Country Co-ordlnator volunteers.
At the Ilme of wrfllng, the genesls of our next Strategic Plan18 taking shape, the key focus of which Is to contlnue to
reduce the amount of tlme a reclpient has to wait between making thelr request and receiving thelr tools. Havlng
focussed on the shape of our UK operations In the last planning phase, we will be balanclng our progresjlon through
the next 5 years to be better supportlng our in-wuntry processes wlth our partners as well as continulng to develop
our 8fficlency Ihe VK.
R•vl•w of the Year
The commitment of our wonderful paid and unpaid staff thr￿ghOut the UK remains our greatest 8&8et and we are
mosl grateful to them for undetsking the rnultitude of tssks needed lo prepare a ccmtainer ready for shipment and
lo comply with Ihe ever-increaslng compllance r8quirements being Imposed upon us. Without them, a charity of our
size could not operate.

TOOLS WITH A MISSION
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024
Contalnors and tool klts despatchod
The perfod 1 Nov8mber 2023 - 31 Octob8r 2024 8aw eleven 20ft contalners and tlve 40ft contaln8r3 despatched to
Africa. Thls equates to twenty-one 20ft wntalner equlvalents.
Nlne containers were shipped to Zambia, four to Uganda, and one each to T8nzanla, Malawl and Zimbabwe.
In thi8 Porlod, 18,352 toolklts and machines were sent. Thls Is a slgnlflcant proportion of the total 18.500 toolklts and
machlne3 In th• 2024 calendar year, itself up from 14,748 In 2022-2023.
The key Items refufblshed and daspatched
2023-2024 2022-2023
3,386
215
3.465
218
Sewing Machlne3.
Knittlng Machines,
Carpentry Trade Klts,
Carpentry Workshop Klts,
Boxes of Drllls and Power Tools,
Computers
Builders Klts.
Groundworkers Klts,
Agricullural Klts.
Motor Mechanlcs Kll8,
Mechanlcs Workshop Klts,
Plumbets Klts,
Electricians Klts
283
397
737
342
149
335
565
170
244
314
278
325
637
145
273
472
176
244
329
There must always be a note of cautlon In tylng to read too much Into the numbers, but It Is notlceable that the
number of motor mechanlcs klls despatched conlinu88 to grow and that the grovAh in plumbers and electrlclans, kits
that was 8een last year has been sustsined thr¢)ugh this year. Havlng sald thls, It Is Interostlng that one of TWAM$
staple ￿1$, carpentry, saw a1org8 Increase In thls year.
TWAM supported 500 skllls eantres. communlty tralnlng groups and school8. These groups between them mel tho
following need8 (many groups met more than one need):
2023-2024 2022-2023
401
32S
110
112
132
40
278
182
158
158
129
63
334
319
70
8UPPOrted Women's Groups arKI Wldows
worked wlth Young People and 8chool drop outs
supported Vulnerable People
supported Schools
wothed In Communlty Development
worked in developlng sustalnable agrlculture
supported Orphans
worked wSth Men suffer5ng long 18nn Un￿p10Yfflent
supported Street Chlldron
set up Dlsabilty support groups
$upported those affected by HIVIAlds
worked to fr88 Sex-work8rs
supported ts Elderfy
supported Ex-offenders
supported Refugees
worked to allevlat8 Environmentsl Issues
46
11
237
121
55
80
19
16
30
16
49
53
40
Shlpping costs and custorns costs continue to be a challeng8 and. as reported later, ¥￿ are exploring new wayg of
mitigaling increases in the first of these.

TOOLS WITH A MISSION
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024
2.1 TWAM Volunts•r team
TWAM conlinues lo benefft from an incr8dlbl8 team of volunteers. In excess of SOO people perfomi 844 volunteer
roles across the whole span of the organisatlon's activity. From the request belng made by a re¢iplent oryJanisatk)n,
tools being donated In the UK, refU￿lshOd and shipped. all the way through to th8 tool being placed In the hands of
the reclplenL arKI then later Ihe Impact assessment conversalion taklng place. volunteer rol8S 8nable the whole
proce88. We contrue to acknowledge that many are retir8d, but also work wilh long term unemployed, ex-mllltary
personnel In rehabllltstion programmes. ex-offenders and young people wlth Support Workers. In partlcular, thls
year we want to acknowledge three indSvlduals who have stood down from Iheir roles In the last 12 months. or are
about to. Ea¢h of these has lad the é88ign. t8Stlng and 88tabllshment of core processes that allows TWAM to achlevo
the In¢xedlble results that we ènjoy
Paul Seymour managed h56 100th contalner before slepplng down after ten year8 as county coordinator to
Zarnbla. leavlng behlnd an incredk)le slrengih in the Zambia team who conllnue to perform well.
Jan Brown stepped down In Dec8mber 2024 after almost ten year8, aSt8bllshlng a robust accountln9 function
and steerlng TWAMS financo acllvlty well.
Lyn Walkerwlll be stepplng down aft•r ten yoars of managlng our logSstlcs with excelbnce. We are most grateful
for her conlrlbutk)n 8nd the burden she carried.
2.2 Support of Indopendont workshops
In addKbn, there aro 7 Independent volunteer4ed work8hop8 ba88d across England and Wales with around 100
volunteers between them. They are Tool Aid Rlngwood, Sheffield Too184AfrirA. Medway Volunteer Group, Halstead
Refurbishment Centro, Tendrlng Tool Kit8 for Africa, Tools4Afrf¢a Southmlnstar, and St John'8 Kabin in Kenllworth.
An area of devel¢)pment In this regard Is tha conllnually developlng relailonship wlth the UK men's and communlty
shed network arKI we now have Several that are supportlng our UK collector network by becoming drop off poSnt8
and colledlng for us In the local area. They offer an amazing amount ol support rlght up lo and includlng full kit
productlon, further $upportlng tha charfty's groN*th.
W• bolleve that the gr0￿h of thls network and the way that11 1$ cmrdlnated wlll be an Important part of our next
strategic plan and It 1$ therefore plea81ng to have so many skllled rAmmunlty group8 wanting to work wlth us.
22 Envlronmental Impact
TWAM has always had its green credentlals 8nd sustalnability at Its heart. We belleve 8 hammer should remain
hammer. so we champlon reusing tools rather than recycllng them. It takes far less resourc8S to r8furt)ish a tool
rather than r8cycllng It and turnlrbg It into 8omething else.
Therefore, We'￿ proud that we have been able:
1. To save around 280 tonnes of tools from ￿entIallY going to landflll and $hipplng them to Africa.
2. To save over 110 tonnes of tools not suitsble for Afrlca from potentlalty golng to landfill by selllng them for
recydin9 or r8us8.
3. To save nearfy £1,500.000 by r8furbi8hlng and reusing tools, rather than buying them new.
This all amounts to 1.367,173kg of C02 emlssions saved every year.
We believe th18 all adds up to a superb Ilfe-transforynlng achlevement.
2A Annual Goneral Moellng
Tho AGM was held In June 2024 In-person and ¥ia Zoom in Rugby. wlth the opportunity for Ihose attending to vl$lt
the new Refurbishment Centr8. Those members who could not attend vmre offéred a postsl vote. We conducted
all the form81 business. The Trustees have agreed to 8 full audit and are pleased that Ensors have fwnd our
accounts to be in wd oriler.

TOOLS ￿TH A MISSION
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024
Govornance and Flnanc•
The Charity is constltuted as a Company Llmited by Guarantee and is admlnister8d by the Tru81ees under the tem)s
and condltlons of Its Memorandurn and Artlcle6 of Associafjon. It is registered wlth the Charlty Comml6slon for
England and Wales and wlth Companles House.
3.1 Gov•rnanc•
The Chadty Is admlnlstered by th• Tru8tees at their regular meetings. The TNstee8 meet via ZcM)m and In-porson.
Personnel with 8pe¢lallst kn¢)Wtedge are recruited to or consulted by the Board. as tho need arfgas. lo ensurn the
smooth running and development of the Charity. New Trustees (arKI those standing for re-eleclion on a three-yearly
basis) are elected by the members of the Charlty at its AGM. Th8 Secretsry malntalns an accurate and up to date
reglster of members.
The Chlef Executive Officer, who Is appoinled by the TNStee8 and is dlredly re8ponslble to the Chalrperson,
manages the day-t041ay affalrs of the Charlty. The Financa Manager has Ihe responslbllity of overseaing ihe financ
ol the Charity.
3.2 Flnan¢•
The accounts for the year ended 31 Oct(A)er 2024 show net oulgolng resources for the year of £8.101 (2023:
£94,285). Total fund balance8 amounted to £808,242 <2023, £816,343).
The Financlal Res6rve w88 revi•wed durlng th8 year, and it W88 dedded to leav• it at £100,000 total funds on hond
at any one timo. Thls is con81dered to adequately cover Gore runnlng costs for up to of six monlh8.
After a more slgnfflcant defjdt In 2023, due rnainty to the setup costs of the new centre in Rugby, 2024 Sew a d8ficlt
of £8,101. A deficit for Ihe financlal year was budgeted for, but a mlx of conlinued generosty from our donors and
prudant management by the staff team mean8 that tho deficlt was lower Ihan planned whllsl sts'll achlevlng our overall
aims.
3.3 Inv••thi•nt Pdlcy
The trustee8 are min(Iful of the èffect of inllatlon In depletlng purchaslng powèr 8nd therefore Seek to dlvernlfy eway
from cash.
The totsl value of Inveslments in CCLA Funds at th8 end of the flnancbal year was £119,804 compared to a hi8torfcal
Go8t of £90.000.
3A TWAM Pollclo•
I￿ring the year, the Board agreed a schedule whereby policles are subject to regular revlew. Such polkies indude
those relatlng to overall Flnanclal Controls, Mon8y Laundering, Discrlmlnatkin. Soclal Medla, Health and Safely.
Safeguardlng, Data Protection al￿ Complaints and Griavances. TWAM use8 a thlrd party to review Its Human
Resources pollcies, to gn¥ure they r8m8in compliant, and to provklelogal and personnel advice when raqulr8d.
The Charity ha$ prepared a Risk Reglster to Identify risks and to enable an as8essm•nt of the Ilkelihood of thelr
occurrence and their potential Impact. Thls and the accompanying Disaster Management p18n are regularty
monit¢yed and reviewed by the Board. The Chief Executive and two members of the board meet r8gul8rly with ather
staff and volunteers to review our risk documentatlon.
3.5 Going Concorn
At tha tlme of approving the flnancial statements. (he trusts8s have a reasonable expectation that lh8 charity had
adequate resources to continue in Operati￿al exlstence for the foreseeable futu￿. Thu8. ttie trustee5 contlnue lo
adopt the golng Goncem basls of accounting in preparlng the fflnancial ststements.

TOOLS WITH A MISSION
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024
Operallons
4.1 St•ff
TWAM has elght pald staff in the UK and durlng the year has also used a number ol houw8 from 3 contract stsff In
order to overcome some specific challenges. The review conducted by the new CEO has resulted In some
redefinitK)n of roles. a process that Is Ilkely to continue as the next strataglc cyc18 develops.
All other Staff associated wlth ts Charfty, includlng the Tw8te88, are voluntsers.
We are constantty aware of the need for tralnlng for our staff, pahJ and unpald, wlth much of St provided on the Job,
alongside those currenlly engaged In the tssk. Some speclali8t tralnlng is Carrled out by out81de trainlng provlders.
Tfainlng requlrements are Identified by the Managemant Team underthe leadership of the CEO, whlch then en8ures
that Ihe approprfate action Is tsken.
Senlor Management remuneratlon18 agr•ad as part of the annual pay revlew by the Board of Truslees. Thelr dedslon
18 ba￿d on the recommendation of the Chalrper80n and on the review of the perfornian¢e and meèting of
measurable obj'ectlves set In the annual appralsal. A pgrlodlc revl8w of data sources such as Charity Jobs support8
thls decision-maklng process.
2 Transport
Contalners begin thelr loumey lo Afrlca from tha Ipswlch and Rugby Refurbl8hment Centre8. The dlstrfbullon of
shlpments, once they reach Ihglr d8silnation18 supervlsed by our inwcountry partner8.
TWAM operate6 a ffleet of five vans based in Ipswlch. Rugby, Maldstone. Ad8r8hot and Redcar. Al are 8taffed by
volunteer drlvars who carry out collectlon$ of donated tools and oquipment.
4.3 Coop•ratlon wlth othor or9anl8atlons
TWAM has prlorfll8ed bulldlng relationshlps wlth liko-mlnded charftles and enterprises who share our ml88ion In
term$ of creatlng Ilvellhoods. One Buch example Is the forn￿lI0n of a Llvelihood Crealk)n Consortlum. fomied wlth
Workaid, Tools For Self R8llanc8, Tools for Solld8rity. and two from the Nethertands: Geredgereedskap and Tools
for Work. We hav8 found synergy In looking for shlpplng solutlons and are currently seekirvJ synergles In customs
related challenges. W6 have greatly beneffted from inslght to thelr operatlons arKI from a iorvJ-standlng partner8hlp
that Tools for solid￿lty has In Tanzania.
We are currentty pursuin9 ralallor￿hipS wllh complementary ¢harllles who wlll ￿ Ébla to lever8ge the opportunitlas
to 8erve our reclp18rts more effectivety wKhout addlng lo our rx)st base.
At a more humane 8nd Soclally responsible level, ft)r many years TWAM has ¢oop6rated with organlsatlons that
support people with leaming dlfficulties and the long term unemployed through provisk)n of volunteering
opportunltle8. It Is our pleasure to continue to do this.
4A Fundralslng Actlvlllas
Tools wlth a Mission r8118s predominantly on indfvldual don¢Jrs and church support. I￿r fundraising actfvities rellect
th15 wlth our magazine TWAM News sent quarterfy to approxlmately 3.500 people and groups. In addition, we
continue to make 4 appeals p8r year, usually to support spedfic financlal ne8ds wlthin the charfty. We contlnu¢ to
gr¢)w our Toolbo￿ group of regular donors who give monthly.
Trust and Corporate support Is becomin9 Increasingly Important to TWAM. In partlcular, thls year we would Ilke to
acknowledge the generous support of The Aall Foundation, the Lambury Charltable Trust, th8 Brockham Overseas
Ald Committ8e. Th8 Camiela and Ronnle Pignatelli F￿ndatIOn. and others.
Our legacy appeals continuo to be promoted. and we rer2ive many 'in-memory' gift8. Alternatlve gifts are avallable
all year and prove very popular at Christmas, and a rarvJe ol leaflets womotes our Wofk across the UIL

TOOLS WITH A MISSION
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024
More generally, we have been asseS￿ng our reportlng and developing a pr4ect approach, lo ralse furKls for ¢ertaln
proj￿ with corporate partnern and grant-fundlng instilutlons. Our relatlonshlps wlth organlsatk)ns such as the UK
Men'slcommunlty Sheds and partners such as Amtri Vwitas contlnu8 to grow. By developing a wider network. v40
are raising the profile for TWAM.
Onllno ar￿ soclal m8dla18 an Incr8881ngly Important Communlcation tool. We Send a supporter 8vn8vA mcffthty to
approx. 4300 people up from 4000 in 2022-2023. Our soclal media pr88ence hay seen slgnlfKant development and
growth wllh Iha appolntm8nt of our Fundralsing and Communlcatlon Léad. Facebook has seen growth of 55% and
the ¢verall reach on Facebook increased lo 180%. We are also steadily growlng our n•iwork on Instagr8m, Llnkedln.
and our volunteer network on Assemble.
r complalnls procedur&18 available on our y￿b5110 and durfng 2023-24 we recalved no eomplalnl8. Wa cA)ntlnue
to practice inspirat*)nal fundralsing, seeking support through the rewgnillon of the valua for money, envlronrnental
resp¢Jnslbillty, local Impact as well a8 overseas. and sustainabllty of the projects we support. We are compliant vAth
th& requlrements of the Genoral Data Protedlon Requlrements and Indivlduals can opt out from receivlng fundraislng
communlcatlons from us.
4.5 Prln¢lpal Rl•k• and Unc•rtalntle•
As a chartty whlch derives the most slgnificant part of Its Incnme from donatlons by the general publlc, the Board
can never be certain about the level of Income to be received and has therefore to manage expens88 and overhead
costs accordlngly. To guard agalnst an unfor88een shortfall In Income, the charity malntains a r8serve of £100.000
whlch Board has Judged adequate for the purpose.
The 8oard recognisasthat In 8erMling tools ovors888, it cannot have dlrect control overthair dlstrlbution to applicants.
To mltlgate Ihis risk, the charity work8 wlth local partner organi88tlon3 or NGOS In each County who oversee
dlstributlon on its behalf. The rlsk Is furthar reduced thft)ugh regular vlslts lo redplents and partners by Board
membèrs, staff and volunteers from the UK. The In-county Impact aSS888meni procedure Implemented durlng 2022
corrtinued through 2023 and into 2024. Thls conlinuas to be conductgd by UK based impact asses8menl Country
Coordlnat<)r8 for Uganda and Zambla and ty￿ Impact A8se88m8nt Manager8 In Zambla and one In Uganda. In other
¢x)untrfes, the UK based Country Coordlnator and In-country partner work together to ¢arry out the ass8￿ments.
The charfty is he8vlly dependenl upon the willingness and u)nllnued availablllty of volunteers to 8UPPOrt ils ￿￿k.
Accordingly. the ongolng avallablllty and antlclpated future need for volunteern Is closely monltored to ensure
sufficlent numbgr8 are avallable to Permit Its objectlve81o be realised.
6 Concluslon
Durlng 20￿2024 TWAM continued to focus on Its coro <)blectlve. of provldlng the Where1￿tha1 for people to create
a lfvelihood. As the number of toolkits processed and containers despatched both rise i)ur p￿ceSseS are stretched
and tesled and during thls perlod both our staff and valunteers l)ave workad to understand the thallenges and
Improve the ways in whlch we y￿rk. It has been necessary lo expend some resource8 to do thi5, but we have leamt
valuable lesson8 that will allow us to shape the organisation more effectively as we enter otsr next strateglc phase.
Not only has Ihe organlsalion contlnued to develop through lh8 year but It has also Worked through the challenges
of a Gh8ng8 In Chief Ex8CUtlve. The board would Ilke to acknowledge the grace and patience of Staff and volurrt8ers
as the transltlon was made from Mike Grlffln to John Noble.
The board acknowledges once agaln that TJVAM ha3 at Its heart an enormou8 group of loyal p80ple who are al
ep8r8d to gel Involved. We are deeply grateful to them all, for vthout such a level of enthu8i&8m and support,
TWAM would not exist.

TOOLS WITH A MISSION
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024
Stat¢ment as to dl¥¢losuM to our audltorn
In so far as the Truste85 are aware at tho tlme of approvlng our Tru51ees' annual report
th8r8 Is no relevant infomiation, behg Informatlon needed by the auditor kn connoctlon wlth prepaflng Iheir
reporL of whlch th8 Charws audltor is unaware; and
the Trusteos, having made enqulrles of fellow trustees and the Charlty's audltor Ihat they oughl to have
Individualty made, have each taken all steps that they are obliged to take as a trustee in order to make
themselv08 aware of any relevant audit Inf0M￿tIon and to establish that Ihe auditor is aware of thal
infomwtion.
ON BEHALF OFTHE BOARD
Mr S Dank8
Trustee and Ch8lrperson

TOOLS WITH A MISSION
STATEMENT OF TRUSTEE RESPONSIBILITIES
FOR THE YEAR ENDED 31 OCTOBER 2024
The Trustges, who are also th6 diraclors of Tools with a Mission for the purpose of Gompany law, are responsibla
for preparing Ihe Truslees, Report and Ihe accounts in aC￿rdanCe wlth applicablg law and United Kingdom
Accounting Standarils (Unlted Klngdom G8n8rally Accepted Accountlng Praclice).
Company Law requlres the Trustees to prepare accounts for each financial year which glve a Irue and falr vlew of
the state of affairs of the charfty and the Incomlng resourcas and appllcation of resources, Includlng tha Income and
expenditure. of th8 charitable company for that year.
In preparlng these accounts, the Truste8s arn requlred to:
Sdect sultable ac¢ountlng pollclos and then 8ppty them con8lstenUy.'
Observe the molhods and prlnclples in tha Charfties SORP;
Make ludgoment8 and estimates that are r8a8onable and prudent; and
Prepar& the accounts on the golng concem ba3ls unless It18 Inappioprlate to presume that the charfty wlll
contlnue In operatlon.
Tho Tru8te83 are respon8lble for keeplng adequate accounling records that disclose wlth reasonable accuracy at
any tlma thè financlal posltlon of Ihe ¢harlty and enable Ihem lo ensure that the accounts comply with the
Companies Act 2006. They are also r88ponslble for safeguarding the 88Sets of the Gharlty and hence for taklng
rea80nable Ste￿ for tha preventlon and detecllon of fraud and other Irregularltles.

TOOLS WITH A MISSION
INDEpENDE￿r AUDrroR'S REPORT
TO THE TRUSTEES OF TOOLS WITH A MISSION
Oplnlon
We have audlted the financial statements of Tools wllh a Mlsslon (the 'Charitable Companf) for the year ended 31
October 2024, whlch comprise the Statement of Financial Activltles. the Balance Sheet, Statement of Cash Flows and
the notes to the flnanclal statem8nis. inclu(Ilng a summary of 8ignifThnt accounling policles. The financial reportlng
framework that has been applied In thelr preparatlon 58 appllcable law and Unlted Kingdom Accounting Standards.
includlng Financlal R8POrting Standard 102 The Flnandal Reporting Standard applicable In the UK and the Republic of
Ireland (United Kin9dom G8nerally Accopted Accounting Practice).
In our opinion, the flnanclal ststements:
glv8 a tru8 and falr view ofthe state of the d)arltable compan￿$ affalrs as at 31 October 2024 and ofits Incornlng
res￿ree$ and appllcatlon of r8sourc8s. for the y8ar then 8nded'
have been properly prepared in accordance wlth Unilad Klngdom Genwally Accepted Accounting Practlce: and
have been prepared In a￿OrdanCe wlth the requirem8nts of the Companies Act 2006
Bas￿ for oplnlon
Wa conducted our audit In accordance with Intematlonal SLgndards on Auditing (UK) {ISAs (UK)) and applkable law.
Our responslbllltlas under those standards are lurther doscrfbed In Iho Auditorfs respt)nslbilits'e$ for th8 audit of the
financlal statements sectlon of our report. We ar8 Independent of the charllable company In accordance with the 8thical
r8qulrements that are relevant to our audlt of the flnanclal 8tatements In the UK, Includlng the FRC'S Ethlcal Standard,
and we have fulfilled our other ethlcal respon81bllitles in accordance with these requlr8ment6. We belfjeve that Iho audtt
•vid•n¢o we have obtsinad is sufficlenl and approprfate to provide a basi8 for our Dplnion.
Conclu•loM r•latlng to golng con¢•m
In audltlng the financlal 8tstem8nts, we have conduded that lh8 trustees. Use of the golng concern bas18 of accountlng
In the praparation of the financlal statements Ss approprlata.
Based on the work we hwle p8rformed. we have r￿1 identitled any materlal uncertalntles r•latlng to evonts or condltlon8
Ihat, indivldually or collectively. may cast 81gnlficant doubt on the charltable company's ablllty to continue as a golng
concem for a perlod of at tgast twefve months from when the financlal ststements arn authorlsed for Issue.
Our ra8ponslbiliti08 and the raspon8ibllltle8 ol the tnJ8tee3 wilh respect to g0Sng concem are descrlbed In the relevant
8ectlon8 of th18 report.
Oth•r Infomiatlon
The trustees are r8sponslbl8 for Ihe other Informatlon. Tho oth8r Informatlon comwises the Inforniatlon induded In the
8nnual report. other than the financial sLqtements and our auditorfs report thereon. Our opinion on the finanG*I
statements does coverthe other Informatlon and. exGept to the extent othenrtlse explicltly stated In our reporL we do
not eXPrnSg any fomi of asguranco concluslon th•reon.
In connectlon with our audlt of the financlal statement8. our responslblllty Is lo read the other Infomiatlon and, In doing
so, consider whether Iho other Information Is m8tsdally Inconslstent with the financlal statements or our knowledge
obtain8d In the audll or oU)eThvlse appears to b8 materialty misstated. If we Identify such material Incon81stencies or
apparent material misstatements. we are requlred lo detemilne wthether there18 8 matedal misstatement in the financlal
statements or a malgrlal misstatement of the other infonmallon. If, based on the work have performed, we conclude
that there is a materlal mlsstatoment of Ihls oth8r Infcmatlon, we are requlred to rep¢Jrt that fact.
We have nolhing to rep(Yt In Ihis regard.
10

TOOLS WITH A MISSION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF TOOLS WITH A MISSION
Oplnlons on ￿h•r mattors pre8crlbod by the CompanlaJ Act 2006
In our ¢pinion, based on work undertaken In the course of our audit:
the Infom￿tIon given in the Trustees. Report, which Includes the dlrectors. report pr8parad for purposeB of
company law. for the financlal yearforvthich the financlal statements aro prepared Is consistenl wlth the financlal
statements., and
th6 dlre¢tors' r8rKJrt Ind￿led wlthln the Twstees, Report has been prepared In a¢cordanc8 wlth appli¢able legal
requirements.
Matt•rs on whlch w• ar• r•qulr•d to r•port by 9x￿PtIon
In the11ght of the kncmledge end undersiandiffj of the charitable company and its envlronm8nt obtalned In tho Gour8e
of the audlt. we have not identffied material mi88tat8ments In the director8, report included within th8 TTusl888' Report.
We have nothlng to report In re8pect of the followlng matters in relatb)n to whith the Companles Art 2006 require u810
report to you If, In our opinion:
adequate and proper accountlng records have not been kept; or r•tum¥ adaquate for our a￿lt have not baen
recelved from branches not Vi81ted by us: or
tha finand81 statement8 are not In 8greement wilh the a¢countlng records and relurns; or
certaln disclosure8 of trustee8' remuneration spedfled by law are not made., or
wo havè nol recelved all the Infomatlon and explanatlons wè réqulre for our audlt. or
the trusteeswere not entltled to prepare the financial statements In accordance with the 8mall companie8 reglm6
and tske advantsge of the small compenlas, •xampiion3 In preparing the Tru8tsos' Report and from the
requirement to prepare a 8trategiG report.
Respon81bllftlo• of Tru8t•••
As explaln8d more fully in the ststement of truslees, resrThsibilitle8, thè tru8tees, who are a580 Ihe director8 for the
purpose of company law, are responslble for the preparathon of the financlal statements and for belng sat16fied that they
givo a true and falr vlew, and for such internal control as the truste88 detennine13 necessary lo enable the preparatlon
of ftnanclal slatements that are free frcffl fflalerlal mlsstslemenL wh8ther du8 to fraud or error.
In preparfng the financlal statements, the trustees are responslbla lor asse5s1ng the charfty's ablllty to conllnue as a
going concern. dlscloslng, as appllcable. matters related lo golng concern arKI uslng th8 going concem basis of
accountlng unlg¥s Ihe tN3t•o8 either Intond to Ilquidate the ¢har•table company or to C88se operatlon$, or hav• no
realisllc allemative but to do so.
Audltor'4 r•￿on￿bIlitI•8 for tho audll of th• finandal gtal•m•nts
Our oblectlves ar8 to oblaln reasonable assurance about vthether ts flnancial statement8 as a Vh¥)￿ are fréé from
m8t8rf81 misstatement, whether due lo frawl or error, and lo 58su8 an auditorfB report that indudes our opinion.
Rea80nable assurance 18 8 hlgh level of a88uranc8. but is not a guarantee that an audlt conduct8d In accordance wllh
ISAS {UK) wlll always d8t8ct a materlal mlsstatement when rt exlsts. Mlsslatemenls can arise from fraud or error and are
consldered malerlal if, indlvldually or In aggregate, they could reasonabty be exp8Cted to inlluence economic
ded81ons of users taken on the basis of these finandal statements.
Irregularflies, in¢ludlng fraud, 8r8 In8tances of non-compliance with laws and regulations. We de81gn proc8dure8 In Ilne
wth our resp¢￿80b111l1e$, oudlned above. to detect material mlsst8tements in respect of Irregulathies, Including fraud.
The engagement partner has ensured that the 8udlt team ¢ollectively had the raquired experience, krM)wledge and
competence to perfom the planned work and Idenlify any relevant Irregularltl8S.
The extent to which our procedures are capable of éetecting irregularitles, Indudlng fraud. Is detalled below. In plannlng
our audit, we Idenllfy and assess risk of materlal misstatement wlthln the financial statements. whether due to fraud
or error. In assessing Ihe risks, conslderation Is glven to the conlrol envlronThnt (Including Trustees, and managemenfs
own prcthsses for ident[f￿atIOn and risk 8ssessfflent) as well as the nature of th8 entity, the sector In vthich it operates
and the undertying performance. Con*deratlon Is also glven to Ihe attitudes and incentlves of managemenl to commit
fraud, wilh spedfi¢ procedures planned and perfomed to respond to the risk of inappropriate management OV8rrid8 of
control8.

TOOLS WITH A MISSION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF TOOLS WITH A MISSION
We also obtaln an under8tandlng of the applrAble laws and regulatlons to vthlch the o)arity mu8t adhorn, through
discusslons wllh management and those charged with govemance, as well as commerdal knowledge of the sector and
statutory l¢gl$18tion, in order to determine the key IM and regulali¢n$ appllcable to the tharilable company.
r oudlt work Ir￿Uded.
A￿litIng the risk ol manag8ment override of controls, includin9 through te8tlng journal entrfe8 and other
adJu8tm8nls for appropriatoness, and evaluatlng the ratSonale behlnd slgnificant tron8actions outslde the normal
ourne of bu8in8s8.
A88e•sment of k•y accounlANJ estimate8 ￿thIn the flnancial 81atWn￿ts in ord•rto as￿8$ thelr roa8onablen
to detemiine whelher there18 any bl88 in th• e8tknat68.
Rovkn of me8tiNa mknuto8.
Enquiflng of mgnaooment and tru8t883 al to whother they aro aware of any alleged, SU8$￿ or Actual fraud
during Ihe year.
Perfomlng procedur•8 to Sa￿Sfy OUT￿1¥￿ Tegardlng the tharltablo C￿7pan￿8 compllanco th applIcab￿ laws
and regulatlona,
Enqulry of tr￿te•S and management around actual and potenllal Iltlgatk)n and ctalm8
Revlewkng corre3pond8nce wllh relevant legal authorilie8
All audlt team membar8 weie mgde avrdre of the appSicable laws and regul8Uons. a8 well as Wentlal fraud rfsk8 durhlg
the plannlng st8ge ol the audlt and this was dlscussod al audlt team plannlng meeOng. It was therefore delerrnlned
that team Th*mbers 811 had the relevant awarenoss and competsnco to Id•ntify any IrbBlaw of n￿￿t￿Mp￿0n￿ or
fraud.
Ther• ￿. h(hvovw, *iher•nt IlmltaUon8 lo our above audll procedure8. Audlting standards only requlre u6 to •nqulr6 of
the trusta88 and management regarding non-compliance wSlh18ws and regulations. as well as rgvlew regulatory and
18981 ¢orrespondon¢a (rf Ihere 18 any). It 1$ therefore p0s81ble that instances of non-complianc8 could be ml888d,
P8rt1culorly where the law In Itsew 18 far removed from any finendal tr8n8aclions.
A further desiylptlon of our responslblllfjes for tho 8udlt of Ihe flnancbol stalements l& located on the Finandal Roportbng
Council's webstte at httP.,lfvK￿.frC.org.uk1our-WorklAud1uAudst-•rK1PssSuranceIstand8rd$-and￿uldanc%lslandordB-
and4JuIdanc&for-auditorslAudlior8-resp￿$lb￿1￿O￿1Of-alwj1IlDesCDptiOn￿-audit0rs-reoF0nS1bllitlO&vfOr-8udll.a¥x. Thls
de3¢Aptlon lom￿ part of our audliorfs report.
U8• of our r•port
Th18 report18 made solety to the charliable compan￿8 rnembers, a8 o body, in accordance wlth Chapter 3 of part 16 of
the Companles Act 2006. Our audit work ha8 been und8rtak•n 80 Ihat we mlght State lo the charitable companys
member8 and truste88 those mattern we are requlred to state to them in an auditorfs rowt and for no olhor Pu￿05•.
To the lullest extent pemltted by law. we do not ac¢opt or assume responsibility to anyone other than the Ghadtable
company. the charitable companys mombers a8 a body and the thafltablo company's tru8t088 as a body, for our audll
woth, for th18 report, or for tho oplnlons we have formed.
Holw Rums•y FCA (S•nlor statutory Audltw)
For and on behalf of Ensor8 Accountants LLP
Connexlons
159 Prlnceg Stre•t
Ipswich
IP11QJ
Datad: 2410612025
12

TOOLS WITH A MISSION
STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
Unro8trlet•d
fund$
Restrlct•d
funds
Total
2024
Total
2023
Not•s
Income and •ndowmgnts from:
Donations and legocles
Charitabl8 activltleB
Investments
Other tradlng on￿)Me
454,985
454,985
153.089
9,319
147,872
442.063
156,781
1.097
119,948
153,089
9,319
147.872
Total Incom• and endowm•nl•
612 176
153 089
Expendllur• on:
Ralslng funds
Charltablg acilvltle8
34,888
611,875
34,888
755,775
42,985
773.953
143,900
Total r••our¢•s •xp•nd
646,763
816938
Net gaIn￿{lo88e8) on inveslments
17,297
17,297
2,764
N•1 In¢omlnql(outgolng) r••ourc•$
bgftK• tran•f•r•
Tran8fef8 between furKI8
N•t Incomlnglloutgolng) r•$ou￿•S
(17.290)
9,189
{8,101)
(94,285)
Fund balance8 at 1 November 2023
816,343
816,343
910,628
Fund balanc•s at 31 October 2024
799,053
9,189
808.242
816.343
The statement of fflnanclal actlvltles Includes all galns and I￿888 recognised In the year.
All income and expendituro derive from contlnuing actlvlties.
Th8 8tatsment of flnanclal aclfvitles 8180 complies wlth the requirements for an Income and expenditure account
under the Comp8ni88 Act 2008.
The notes on pages 16 to 27 form part of these financial statements.

TOOLS WITH A MISSION
BALANCE SHEET
AS AT 31 OCTOBER 2024
2024
2023
Notes
Flxed a•sels
Tanglble assets
Investments
13
14
364.738
119,804
484.542
360,211
102.506
462,717
Currnnt
D8btors
Cash at bank and In hand
15
83,686
373,320
54.876
385.958
437,006
440,834
Cr•dlt•x•: wnounts falllng du• wlthln
ono ￿ar
18
(113,306)
(87,208)
Net Gurrent a86ets
323,700
353,626
Totsl M•ets l•s• curr•nt Ilabllltl•8
808.242
818,343
In¢omo fund•
Restricted fund8
Unrestrlcted funds
9,189
799,053
18
816,343
808,242
816,343
The flnanclal 8tatements have been prepared in accordanc• th• provlslons applicable to companla$ Sublact to
the small companles regime.
The arKounts were approvèd by the Board of Tru8te89 on
and were signed on ils behalf by:
Mr S Dank8
Truslee and Chalmian
The noles on pages 16 to 27 form part of theM financial statements.
Company Roglstratlon No. 05114575
14

TOOLS WITH A MISSION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCTOBER 2024
2024
2023
Notes
Cash flow• from oporntlng actlvltl•s
Cash generated from operallons
24
2,873
(23.426)
C•Bh flows from InV￿lIng a¢tlvltlo•
Purchase of tanglble fixed assets
(26,829)
(67,995)
29,500
Proceeds on d18posal of tangible flxed assets
1,799
Interost recelved
9,319
1,097
(15,511)
137,398>
Net Incr•aMI(d•cr•a8•) In ca•h and cash •qulvalonts
(12,6381
(60,824)
Cash and cash equlvalents at the beginnlng of the year
385,958
446,782
Cuh and ca•h •qulvaknt8 at the •nd of th• y•ar
373,320
385,958
15

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Accountlng pollclos
Chailty Infornwtlon
Too18 wlth a Mlssion is a prlvate company Ilmlted by guarantèé Incorpordted In England arKI Wales. The
Islered offic8 Is Unlt 2 B811ey Close. Hadlelgh Road Industrfal Estata. Ipswlch. Suffolk, IP2 OUD.
1.1 Acmuntlng conv•ntlon
The flnanclal statements have been prepared In aceK>rdance wlth UK Generally Accepted Accountlng Practice.
the Companie8 Act 2006 and "Accounting and Reportlng by Charities: Stalement of Recommended Practlce
appllcable to charltles preparing thelr accounts in accordance wllh Ihe Financlal Reporting Standard appllcable
in the UK and Republic of Ireland IFRS 102)".
The accounts have been prepared under the historical COBt convenllon. modlfled to Indudo the revaluallon ol
certaln financlal investments at falr value.
The d)arity 1$ a Public Bonafit Enlty a8 ¢Jefined by FRS 102.
The acr￿Unts are prepared in slerllng. whlch is the fun¢lional currency of the charlty. Monetary amounts In theso
financlal statement6 are rounded to the nearest £1.
12 Golng concwn
In approvlng tha accounts for the year 8nded 31 October 2024, the Trustees have a reasonabl8 expectation
that the charlty ha8 adequate re8our¢85 to contSnue in operatlon for the foreseeable future.
Accordlngly, Ihe Tru8teos continue to adopt the going concern ba818 of accountlng in pr8paring the ac¢ounls.
1.3 Charltabl• funds
Unrestrictg(I funds are avallable for use at the di9cr8lkJn of the Trustees In furtheran¢e of their charltable
objectlves unless the fund8 have been designated for other purposes.
RestrEcted funds are subject to speclflc conditions Imp08ed by donor8 as to how they may be usad. The
purpose8 and uses ol the Testrlcted furKls are sat out In th8 notes to Ihe aKounis.
1 A In¢omlng r•#our¢••
Incomo is recagnised when thg charlty is18g811y entitled to It after any performance condillans have beon met,
the amounls can be measured fellably, and It Is probable that Income wlll be recelved.
Cash donatlon8 ara facognlsed on receipt. Other grants and donations are recognised once the ch8rlty has
been noliffled of the inmme. unless performance conditions require deferral of the amount. Income lax
r•eoverab18 in relation to donatlons recalved under Glft Ald or deeds of covenant is recogni8ed at Ihe tlme of
the donaUon.
Legacles are recognlsed ¢>n racelpl, or If the charity has been notifjed of an Imp8ndlng dlstrlbulion. the amount
18 known and recelpt Is expected. If the amount 18 not known the legacy is treated as a contingent assel.
Income from charltsble actlvltles is recognised on despatch of 9oods.
Other tradlng income comprises monies received In r8spect of Christmas gfft and card sales, sales of ￿raP
tools (donated but no tonger flt for use) and sales of surplus tools (in good V￿￿Ing condition l)ut not in den￿nd.
th8refore sold to generate furlh¢r funds for charltsblo use).
16

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Acwintlng poll¢lo8 Icontlnu•d)
1.5 R•soure08 0xp•nd•d
Expendilure Is recognlsed once there Is alegal or con8tructlve obllgatlon to transfer economi¢ beneflt to a third
party. it Is probable that a transfer of economic beneflts wlll be required in settlement, 8rKI the amount of the
obllgatlon can be measured rellably.
Expenditure Is classlfied by activlty. Th¢ costs of each aGtlvlty ara made up of th8 total of dlrect cosis and 8hared
costs. includlng support Costs involved In undertsklng each actlvlty. Direct CO8ts attributsble to a slngle actlvlty
ar8 allocate(I dlrectly to that activSty. Shared costs whl¢h contrlbute to more Ihan one adfvlty and 8UPPOrt costs
which are not attributable lo 8 single aclivlty are apportioned belween those actlvitles on a ba813 Mnsistenl wlth
the us8 of r880urces. Central staff costs are allocated on the basis of tlmè spent, arml depreclatlon charges are
•llocated on tha portlon of the as8et'8 uee.
Charltable 8ctlvitie$ includes all co8t6 incurred by the chgrily in the delivery of Its aciivitie8 and 8ervico8 for its
benoficlaries. It includes both costs that can be allocated dlreclly10 6u¢h actlvlti88 and those costs of an Indirect
nature nece88ary to 8UPPQrt thom.
Fundraislng cost8 Indude expendlture relaling to ralslng tho profile of the charlty vi8 thelr soclal medla, regular
mailings, advethlng and tha wages of staff mamberg assoclated wlth these actbvitl•s.
1.6 Tanglblo flx•d o580ts
Tanglble fixed asset8 are Initially measured at C08t and subsequently measured at C08t or valuatlon, nat of
daprecialion and ony Impairment108ses. Fixed a830ts are capllallsed where Initial cost 8xceecl8 £1.000,
Depreclatlon18 r8cognls•d so as to wrfte off th¢ cosl or valuatlon of a888ts less their re8ldu81 values over thelr
expected u8eful Ilves on the followlng bases:
Land and bulldlng¥
Flxlures, fittlNJs & equSpm•nl
Motor vehlcles & plant
50 year8
5 years
5 year8
The galn or loss arf81ng on the dlsposal of an 888et Is delemilned as the dlfference belween the sal8 proceeds
and the ￿rryIng value of th8 888et, and 18 recognl8¢d In net Incomel(8xpenditure) for the year.
1.7 Impalrm•nt of flx•d a•s•ts
At each reportlng end date, the Gharlly revl8wJ the carrylng amounts of It8 langlble assets to detemlne whether
there is any indication that those assets have suffered an impalrment loss. If any such indlcatlon exist8, th8
recoverable amount of the asset is e8tlmat8d in order to detemilne the extenl of the Impalmient1085 (If any).
1.8 Cash and ¢a•h oqulval•nl•
Cash and cash equiv81ents Include cash In hand. deposlts held al call wlth bank8, Othor 8hort-lerm liquld
investment5 Wlth orlglnal maturltles of IhT88 month5 or less, and bank overdrafts. B8nk ovèrdrafts are shown
wlthln borrowlngs In current liabilitles.
1.9 Forelgn currenGy
Monetsry assets arKI Ilabililies denominated In forelgn currencies are translated Into sterllng at the rates of
èxchange njling at the balance Sheet date. Trans8Ction5 in foreign currencies are recorded at the rale ruling at
the dat8 of Ihe transaction. All differences are taken to the Statement of Financial Actlvttles.
1.10 Pensk•n$
The charity Pays Into a defined Contrlbutlon penslon scheme. The contrilxjtions payable are charged to the
Statement of Finand81 Activili85 in the year that tw are payable.
17

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Accountlng pollcles (Contlnued)
1.11 Operatlng l•ase•
Rentsls payable under operating leasa8, including any leasa Irthntives racelved, are charged to Income on a
stralght line basls over th& tsrm of the r818vant lea86.
1.12 Taxatlon
The chadty Is exempi from corporation lax on chariiable actfvities.
1.13 FIna￿la1 Instrumonts
The charlty has alacted to apply th8 pro¥i61ons of Section 11 'Basic Flnanclal Inslrum8nts' and Section 12 '0thar
Flnanclal Issuos, of FRS 102 to all of118 fflnAndal Instruments.
Flnandal Instruments are recognlsed In the charltys balance 8heel the charity b8come8 party to the
ontractual provisions of Ihe instrument.
Flnanclal assets and118bllities are offsat, wlth the net amounts pre8enled Sn the financlal statements, when there
is a legally enforceabl& rlght to set off the recognlsad amounls and Ihwe Is an Intentlon to settle on a nel basks
or lo reallse Ihe a8801 and settle lh• Ilablllty slmultaneousty.
Ba8lc Iln•nclal asmts
Baslc finan¢ial 888et8, which Include debtors and cash and bank balances, are inltlally measured at transactlon
price Includlng tran$actlon costs and are subsequently carried at amortlsed cost U8lng the effective Intarest
method unless the arrangement eonstilutes a financlng transactlon. where the transaction 1$ measured at the
present value of Ihe futu￿ re￿IP￿ dlscounted at a market rate of Interest. Finandal assets cle$sified as
racelvable wlthln one year are not amorti3ed.
8aslc Ilnanclal IlabllM•s
8aslc finan¢i81 Ilablllties, Includlng credlbrs and bank loans are Inlllally recognisod at transactlon prlca unless
the arrangem8nt constltutes a financlng tran8actlon, where the debt Instrument 1$ measured at the present valug
of the fvture re¢elpts dlseounted at a markel rate of knlwe8t. Financlal li8billtles classlfled as payable wlthln one
year are not amortlsed.
Debt Instruments are $ub8equ6nlty c8ffi8d at amorti8ed cost, uslng tho affectiva Interest rate method.
Trade credltors are obllgatlons to Pay for goods or servlces that have been 8cqulred In the ordlnary course of
operatlons from suppllers. Amounts payable are classified as current liabllltles if payment 1$ due withln one year
or18ss. If not, they are pr6sented as non-current Ilabllilies. Trade credltors are r8cogn18ed inltlally at transactlon
prlce and subsequéntty measured at amortlsed cost using the effectlve interest method.
D•rncognltlon of financlal Ilabllltles
Financlal liabllllles are derecognlsed when the charlty's contra¢tual oblwJatkins explre or are discharged or
car￿elled.
1.14 Flx•d ass•t In￿9*mOnts
Flxed asset Inv8Stmants 8re Inltlally measured at transactlon prlce excludlng iransactlon costs, and are
subsequently measured at fair value at each reportlng date. Changes in falr value aro fecognlsed In nel
incom81(expenditure) for the year. Transaction costs are expensed as incurred.
18

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Accountlng polkl•s (contlnu•d)
1.15 Employ•0 ben•fits
The cost of any unused holiday entitlement b recognlsed in the perlod In which the employee's services are
r8c8fved. Termlnatlon ben8fits are r8cognlsed immediately as an expense when Ihe charity Is demonstrably
committed to teminate the employment of an employee or to provlde termination benefits.
Crltl¢•l •Gcountlng ostlmatos and Judgemont•
In the application of the Chartty's accounting pollcles, the trustees are ￿qUired to rnake judgemenls. estimates
and assumptlons about the carrying amount of a$sets and Ilabllitigs that are not r8adlly apparent from other
80urces. The estlmates and a880clated assumption8 are based on hlstorical experlence and other factor8 Ihat
are consldered to be relevant. Actual results may differ from these estlmates.
The e¥tlmates and und8Tlying a8sumptlons am revlewed on an ongoing bas1#. Rovislonl to accounting
estlmat88 are recognlsed In the perlod In whlch the estlmate 18 revlsed where the revislon affects only that
perlod, or In the period of the ravlslon arml future pwiod8 Ythere the revlslon affects both ourrent and future
perlod8.
Donatk￿8 and l•ga¢l••
Unrostrlcted
fund•
R•¥trlct•d
fund•
Total
2024
Total
2023
Donatlons and gffts
Logacles receivablo
407,193
47,792
407,193
47,792
415,507
26,556
442,063
454.985
454.985
Por th• y•ar •nd•d 31 Octob•r 2023
436.384
5,679
442,063
4 Chafltabl• actlvltl•8
Unre•trlcted
funds
R•strlctsd
lund•
Total
2024
Total
2023
Frelght Income
153 089
153089
156 781
For tho year •nded 31 Octobgr 2023
156,781
156,781
S Inv•stments
Unrostrlct•d
funds
Rostrlthd
nds
Total
2024
Totsl
2023
Int8rest receivable
9.319
9.319
1,097
For the yur ended 31 Octobor 2023
1.097
1.097
19

TOOLS ￿TH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
other tradlng Income
Unrostrlcted
fund8
Rostrfcted
fun
Tolal
2024
Total 2023
Glft and Chrlstrna8 card sales
Scrap salos
Tool sales
8,440
24,832
114,800
147,872
6,738
23,206
90,006
119,948
119,948
24,632
114,800
147,872
119,948
For th• y•ar •nd•d 31 O¢tob•r 2023
7 Ral8lng fvnd•
Unr••trl¢t•d
funds
Restrld•d
fund¥
Totsl
2024
Total
2023
Publlclty and fund ralslng
Regular malllng8
34,852
34,852
36
41.902
1,083
42,985
34.888
34,888
For th• y•ar •nd•d 31 Octob•r 2023
42,985
42.985

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Charltable actlvltlvJ
Unrnstrlcted
funds
R¢strfctod
funds
Total
2024
Total
2023
Staff costs (see note 11)
Rent and rat88
Insurance
Light and heat
Postage and telephone
Prlnting ané stationery
Sundrles
Tools, habefdashery pur¢ha$es & refufbishment
Carrlage and packaglng
Vahlcle fuo18nd servl¢lng
Premlses repairs and renewals
Cloaning and trade refuse
Over8ea8 frelght
TravelllrwJ
Legal and profo85ional charg88
Audlt and accountancy fees
Health and safety
Depreciallon
Profit or loss on dlsposal
Bank tharges
In country dgvelopmgnt C08t8
291,114
53,937
25,854
42,946
12,429
3,515
9,660
20,006
5,925
31,451
13,447
10,145
291,114
53.937
25,854
42,946
12,429
3,515
9.660
20.006
5.943
31.451
13.447
10,145
143,900
4,559
12.983
11,255
5,677
13,761
6,542
3,313
33,340
249,644
54,202
19,471
16.507
16,848
4,399
9,079
20,207
6,767
34,870
5,315
8,316
169,827
10,456
9.530
10.240
5.426
59,059
(12,004)
3,513
72,281
143.900
4,559
12,983
11,266
5,677
13,761
6,542
3,313
33,340
611,875
143,900
755.775
773,953
For th• y•ar •nd•d 31 Octo￿r 2023
558,734
215.219
773,953
Not galn8 on Investmonts
Unr•strlctsd
funds
Restrfct•d
funds
Total
2024
Totsl
2023
Galnl(loss) on Ilsted Investments
17,297
17,297
2,764
For th• year ondod 31 October 2023
2,764
2.784
21

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Unrostrlctsd
funds
Restrlctsd
funds
Total
2024
Total
2023
10 Not Incomlngl(outgolng) rnsources
Thls l• 8tat•d aft•r charylng:
Depreclatlon
Fees payable to the Charltys audttors for the
audit of the Charlty'8 fflnandal statements
Lossllprollt) on dl8posal of flxed assety
13.761
13,761
59,059
11.255
11,255
10,240
6.542
6.542
(12,004>
11
staff co81•
Unr•strl¢t•d
funds
Rutrl¢t•d
funds
Tot41
2024
Total
2023
Wages and JalJr106
SoGial securlty cost8
Pension c08ts
237,429
237,429
220,591
16.221
16,221
13,953
12,093
2,389
3,635
19,347
12,093
2.389
3,635
19,347
11,749
Staff racrultm8nt Costs
Staff tralnlng
Agency staff cost$
1,470
1,881
291,114
291,114
249.644
The averago number of 8taff during the year was 8 (2023: 8). No employee8 hav• emoluments ov&r £60.000.
The ramuneratlon of key management personnal was £66,330 (2023: £53,993).
12 Trust•￿, •molum•nts
Trustees received no r8muner8tion during 2024 or 2023. There ware payments mad8 lo threo (2023: Iwo) Trustees
durlng the year for rélmburs8m8nt of out of pocket expenses of £54112023: £56).
Premiums of £334 (2023: £333) have been pald In respeGt of Trustee Indemnlty Insurance.

TOOLS wrfH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
13
Tanglbl• flx•d a88•ts
Land and
bulldlngs
Molor
v•hl¢le8
& plant
Flxtur•8,
flttSngs &
oqulpment
Total
Cost
At 1 November 2023
331.111
142.211
119,344
4.449
592,66e
26,629
(19,250)
Addltlons
DI8PQ8al8
22,180
(19,250)
At 31 October 2024
331,111
145,141
123,793
600,045
D•pr•clatlon and hnpalrni•nt
At 1 November 2023
D¢predadon charged in the year
Ellmlnalod on disposal8
108,316
SO,871
73,267
232.454
6,822
5,57S
(10,9081
13.761
(10.908)
At 31 Oct¢Jber 2024
114,938
45.538
74,831
235.307
C*rrylng amount
At 31 Octobor 2024
218,173
99,803
48,962
364,738
At 31 Octobor 2023
222,795
91,339
46,077
360,211
14 Inv￿lments
2024
2023
hlarf(•t Value
CCLA Ethical Inv8stm8nt FurHJ
60,958
50,664
CCLA Global Equity Income Fund
58,846
51.842
119.804
102.506
Historlcal Co•1
CCLA Pooled Investrnent Funds
90,000
90,000

TOOLS wrrH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
14 Inve8lments Icontlnuad)
Value 48 ￿ 1 Nov•mb•r 2023
102,506
Change In market valu•
17,298
Valu• as at 31 October 2024
119,804
13 Dobtor•: •mount8 falllng du• wtthln 4)n• y•ar
2024
2023
Glft ald
7,123
14,792
Renlal deposil
13,500
13,500
Prepayments and accrued income
43,063
26,584
63,686
54,876
16 Credltorn: arnount• falllng du• whhln on• y•ar
2024
2023
Taxatlon and social s•curity
Other cradltty8
5,205
21,586
3,209
9.214
35.797
Accruals
38,867
Deferred frelght income
47.648
38,988
113,306
87,208
17 Deforrnd InGom•
Balance al I
Nov 2023
Deposlts
r•¢elv•d
R•leased
to income
Balance at
31 Oct 2024
Freight Inrmie
38.988
161.749
153.089
47,848
Relates to trelght Income received for the shlpment of goods to Afrfca which were not shlpped at th¢ year ond.
This income has been deferred in oftler to be r8c(yJnised in the year of shlpmenl of the goods.

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
18 Movement In lundg
At1
Novomber
2023
Incomlng
Outgolng
rwdoufc•8
Transfers
At31
October
2024
Unrn8trf¢t•d fund•
Designated funds
General fund
100.000
716 343
100.orxi
829 473
816.343
629.473
(646,763)
799,053
R•strfGted fund•
Oversaas frelght
153.089
(143,900)
9,189
T￿11 fund•
816,343
782,562
790,663)
808.242
Incomlng
r•sourco•
Outgolng
r••ourc¢•
Trnn•f•r•
At31
O¢tob•r
2023
Nov•mb•r
2022
Unre•trfGtsd fund•
Deslgnated fund8
General fund
100,OOD
100,000
745.960
745,960
601719
(601,719)
560,203
111.899
816.343
Re8trlctsd fund8
Overseas fr•lght
Forklift appeal
Refurblshment
appeal
Van appeal
Boiler
13,046
44,274
156,781
(169,827)
(3.850)
{800)
(20,702)
(1,3341
(18,706)
(40.424)
(2.400)
(70.383)
3,200
91,085
1.334
Apprentice appeal
11,729
5,669
1,308
164,668
162.450
(215.219)
(111,899)
Tolal fund•
910,628
722.653
(816,938
816,343
In the prior year, the van. re1urb￿hrnent and forklift funds represented funds r8lsed In order to replace a nurnber
of the charitys fixed assets. Hlslorlcally, depreciation was charged through these funds Such that they were
reduced in line th the useful economlc lives of the a88ets.
Thls presentatlon was revlewed by the trustees, who concludad thal thi8 treatment could be misleadlng as
TWAM had spent this ￿strICted cash and satisfied the restrlclion imposad by the donors. A deGisw)n wa$
therefore made to transfer these balan￿9 out of restrlcted funds.
25

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
18 Movom•nt In funds {conlSnued)
The apprentice appeal was used to cover the costs of a full-llme warehouse apprentice employee. All brought
forward Ond addltlonal Incoming restrfcted fijnds In relation io this were spenl during the prior year. It was
declded that future funds relallng to the apprentlc8 appeal will be unre8tr1cted In nalure.
The only re8tdcted fund remalnlng relates lo overseas freighL wht¢h Is rec8lved In advance to fvnd the
tran8POrt costs of tool contaln8fS.
£100,000 has been asslgned to a dèsignated fund as a reserve to cover 6 months of wnnlng costs If the
charlty Is to encounter financlal dlfficulty.
19 Anatysls of not a•••t• b•tw¢en lund•
Unrestrlct•d
RMtrlcl•d
Totsl
Fund balance8 at 31 October 2024 ar8 repr88ented by:
Tanglbla fixed assals
Flxed asset Investments
384,738
119,804
314511
799.053
364,738
119,804
Current aJ3eW(Il•bilitie8)
9.189
808,242
Fund balance8 at 31 Oetobor 2023 are represented by:
Tanglblo fixed 8$88ts
Flxèd 88S8t investments
CurI￿t 888etsl(Ilabilill•s)
360,211
102.508
353.628
816.343
3eo,211
102.506
353,626
816.343
20 R•lat•d party transactlons
Donations recolved from Trustee3 and their immedlate family members totalled £1,033 in 2024 (2023: £700).
21 Commltm•ntJ
At the re￿rtIng date the charlty has commitments for fulure mlnlmum lease payments under non-cancellabla
operatlng leases, whlch fall due as follow8..
2024
2023
Wlthln one year
Between 2 - 5 years
45,000
45.000
127,500
82,5
127,500
172.500
At the reporting date the charlty had capital commitments totslling £nil (2023.. £nll).
26

TOOLS WITH A MISSION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
22 Guaranloe
The charlty Is a company Ilmlted by guarantee; In the event of the chaflty being wound up, th8 Ilabllty In respeGt
of the guarantee Is limlted to £1 per member of the charity.
23 R•tlrem•nt b•n•fit •ch•m•8
The charlty operates a defined contrlbution p8nsion scheme for all quallfylng employees. The assets of lh8
8cheme aro held Separately from those of iho charlty In an Indapendently admlnlstered fund.
24 Cash g•n•rat•d from ap•Mtlon*
20
2023
Surplug1(Dèficlt) for the year
ustm
(8,101)
(94,285)
Inve8tment income recogn180d In 8tatem9nt of financlal actlvltles
Fair value gains and (1088es) on inve8tment8
Depreclatk)n and Impairment of tan9lble fixad assets
Lo88 on dlsposal of tangible flxed assets
(9,319)
117,297)
13,761
{1,097)
(2,764)
59,059
6.542
(12,004)
(Increase) I decrease In debtors
Increase l (decrease) In Greditors
(8,810)
26.097
950
26.715
Ca8h g•nerat•d from op•rallon•
2,873
(23,426)
27