## ## ## ## ## |Type ofgoverning
document
Constitution
(Association)| |---| |How the charity is constituted
The Saltford Brass Mill Project (SBMP) is a Charitable
Incorporated
Organisation
(CIO).| |Trustee selection methods
Trustees and Officers are appointed
by election at a General
Meeting ofthe members.
Patrick Beazley was appointed
acting
Chair b
consensus
amon
the remainin
Trustees.| |Additional
governance
issues (Optional
information)| |You may choose to include| |additional
information,
where
relevant,
about:
The Trustees are supported
by a committee
made up ofmembers,
also
elected at a General Meeting ofthe membership.| |~
policies and procedures
adopted
During the period ofthe report the Trustees have held a number ofad
for the induction
and training
of
hoc meetings
and reviews, one committee
meeting,
held on line, and
trustees;
the 2023 Annual
General Meeting,
held in the Mill.
the charity's
organisational
structure
and any wider network
with which the charity works;
~
relationship
with any related
Under SBMP's Safety Policy a comprehensive
Hazard Log is
maintained.
This is reviewed
annually,
and we keep an Incident Book in
the Mill along with first aid eguipment.| |parties;
trustees'
consideration
ofmajor
risks and the system and
procedures
to manage
them.
We have a Safeguarding
Policy and a Data Protection
Policy in
accordance
with the General Data Protection
Regulations.
Volunteers
receive regular briefings on all these aspects.
There are no incidents to report to the Charity Commissioners.
The
resignation
ofthe long-standing
Chair in November
is being managed
without
significant
impact to the work ofthe CIO.| |||Oe| |---|---|---| |||The objects orpurposes
ofthe ClO are:| |||The preservation
and maintenance
ofthe Saltford Brass Mill, on the
river Avon
in Somerset,
for the public benefit.| |Summary ofthe objects ofthe
charity set out in its
governing
document||To advance the education
ofthe public in the subject ofthe Mill.
For the public benefit to advance education
in the history ofthe
brass industry
in North East Somerset and the Bristol region by
facilitating
and supporting
research
into the industry,
its working
method and people involved.| |||d. For the public benefit to advance education
in the metal industry's
heritage,
history and relevance fortoday, particularly
in relation to its
place in North East Somerset and the Bristol region.| |||At alf times trustees have had regard to the guidance
issued by the
Charity Commission
on public benefit. We completed
negotiation
of
a formal sub-lease of "our" section ofthe Mill from the Local
Authority,
setting out our respective
rights and responsibilities
regarding access, payment
for utilities and safeguarding
ofthe
public while visiting the Mill. The Trustees consider this to be a firm
basis for the future although
we have some concerns about the
ability ofthe Local Authority
to meet its medium-term
maintenance
obligations
in the current financial climate.| |Summary
ofthe main
activities undertaken
forthe
public benefit in relation to
these objects tinclude
within
this section the statutory
declaration
that trustees
have
had regard to the guidance
issued by the Charity
Commission
on public
benefit)||During the period ofthe report SBMP grew to over 20 members
(including
the trustees), ofwhom some 16are active volunteers.
We were able open the Mill to the public as usual
in May. We
had just over 700visitors on open days, including
some 120
young people and,
in addition,
over 100members
ofvarious
interested
organisations
attending
arranged
visits.
Talks were
given to local societies and interest groups
by our Chair until his
departure
and the series ofvery short articles on aspects ofthe
brass industry
and the Mill published
in a village magazine
also
continued.| |||Garden and minor building
maintenance
and cleaning also
continued.
SBMP has continued
to work on several projects to
enhance our interpretation
displays
and introduce
interactive
video
and acoustic simulation.
We completed
projects to replace exterior
decking and to repair the fixed element ofone ofour penstock sluice
gates.| |||SBMP volunteers
continued
to conduct research and liaison with
regional
Museums
Group and industrial
Archaeology
groups
nationwide,
leading to the enhancement
of interpretation
displays
in
the mill.| |||There are no incidents
to re ort to the Charit
Commissioners.| ## ||||No further statements|||| |---|---|---|---|---|---|---| |You may choose toinclude||||||| |further statements,|where|||||| |relevant,
about:||||||| |e
policy on grantmaking;||||||| |~
policy programme||related||||| |investment;||||||| |~
contnbutron
made
volunteers.||by||||| |e I||||||| |||||~|~|0| |Summary
ofthe main|||See above|||| |achievements
ofthe
during the year||charity||||| |Briefstatement
ofthe
charity's
policy on reserves|The Trustees have implemented
Financial Controls to ensure
expenditure
is controlled so that it isjustified and generally
covered by
income. N/here
extra funds become available,
for example after a large
donation,
the opportunity
may be taken to initiate a special project to
enhance,
for example,
the displays
in the Mill. Closing lunds were just
over f19,300a reduction ofjust f300over the year but were expected to
reach f20,000early in 2024 on the recovery ofGift Aid money due. Most
ofthe surplus
funds are held in an interest bearing Bank account. The
Trustees consider the CIO to be in a healthy
financial
position and the
intention
is to maintain
the f'unds at this level for the foreseeable
future.| |---|---| |Details ofany funds materially
in deficit|None| |Further financial
review details|{Optional information)| |You may choose to include
additional
information,
where
relevant about
~
the charity's
principal
sources offunds (including
any fundraising);|Unrestricted
funds. Nfe generated a reasonable
amount
during the year
from visitor and group visit donations
and from talks to local societies.
Expenditure
has been in support ofthe continuing
operation ofthe Mill
and the CIO. As mentioned
above, the Trustees decided to use some of
the legacy money to further upgrade
the interpretation
materials
and
commission a powered diorama,| |~
how expenditure
has
supported
the key objectives
ofthe charity;
investment
policy and
objectives including
any
ethical investment
policy
adopted.|Restricted Funds. These are the residue ofa grant from the local
authority
{Bathand North East Somerset), which has a "repairing" lease
on the property.
The staring amount for the year was 8406 and some
f400was used during the year to complete the re-siting ofthe Water
N/heel
Models following
the removal ofa large tree by the Council and
the updating
of Fire Safety Equipment.
These funds are now just under
E8and the account is ready to receive money from the Council for any
repairs or maintenance
tasks that the Vo(unteers
can carry out safely.| ||I
-
~ ~
~
a
i
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funds||Restdcted
funds|Endowment
funds||Totalfunds| |BtCash funds||||||Metro Business Instant Access Acc
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17,689
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asset be)on|Cost (opaonal)||||| |B4Assets retained|||forthe charity's|own use||Detai(s|||||Fund towhich
asset be)on s|C|t|Current value
dona)||| |B5Liabilities||||||Details|||||Fund towhich
liaM
relates|||||| |Signed by one ortwo trustees on behalf ofall||||the trustees||na|re||||Print|Name||Date of||| |||||||||||||||a|rovai|| ||||||||||||STA)/ROS CHRISTOFIDES|||||| ||||||||||||PATRICK|BEAZLEY||||| |Signed the Auditor|||||||||||CHRIS|ESSEX|||||