## **Trustees' Annual Report for the period**
Period start date Period end date
**From**
Day Month Year Day Month Year **01 April 2021 To 31 March 2022**
## Section A Reference and administration details
**Charity name** Brass Tacks Ltd **Other names charity is known by** Brass Tacks **Registered charity number (if any)** 298767 **Charity's principal address** Challenge House,
29 Canal Street Glasgow **Postcode G4 0AD**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Sam Philips Chairman
2 Paul Trotman Vice-Chairman
3 Wesley Emmerson
4 David Thorp
5 Colin Haxton
6 Jim Armstrong
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
**Names and addresses of advisers (Optional information) Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Articles of Association
- (eg. trust deed, constitution)
Company limited by Guarantee How the charity is constituted
- (eg. trust, association, company)
Appointed from within board of trustees. Trustee selection methods
(eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
Regular updates are carried out to the Risk assessment document.
There is a consultative relationship with Echoes International missionary group, and their General Director is also a board member.
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
To promote maintain and advance the Christian faith through providing practical and financial assistance to Christian Churches, evangelical organisations and missionaries throughout the world.
**Summary of the objects of the** To relieve mission organisations and full-time workers by assisting in the **charity set out in its** maintenance of their premises and building works, and providing services **governing document** of skilled and unskilled labour and also tools and materials as appropriate.
March **2012**
**TAR**
2
The trustees select projects which meet the objectives of the charity and which result in maximum benefit for those who request the type of help in construction and maintenance which we offer. Each project is to have specific tangible benefit to those who are impacted by the social and spiritual ministries in each project.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
## **Additional details of objectives and activities (Optional information)**
Volunteering:
Volunteers have been used in addition to the charities own staff, and fulltime mission partners. These have come from England, Scotland, Brazil and Argentina. In total 686 work days were completed in the 21-22 period; this is about average comparing year on year.
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
Skills vary from those skilled tradesmen to willing helpers. All work is closely supervised and monitored.
Grantmaking:
Any funds donated to Brass Tacks for a specific project beneficiary are passed on in their entirety to the intended recipients.
The full-time mission partners who assist the charity on projects are supported through grant contributions made to them, shown in the Payments heading: Fellowship Fund.
March **2012**
**TAR**
3
Section D Achievements and performance
Charitable activities for period 1[st] April 2021 to 31[st] March 2022: **Summary of the main achievements of the charity** With the arrival of the Covid pandemic, we ceased operations overseas **during the year** and concentrated on projects within the UK; which continued into 202122. 1. Currie Christian Community Centre, Edinburgh This project involved building a wooden structure from ground level to complete two stories with seven bedrooms with en-suite accommodation for mission workers passing through UK. 2. Tilsley Bible College, Motherwell, Scotland The main accommodation block was completely refurbished after removing the old partition walls and providing self-contained bedroom units with en-suite toilets and showers. In addition the old communal toilets were renovated to make a common room for staff and also a bedroom with access for wheelchair users. 3. Opal Trust Distribution depot, Darvel, Ayrshire An old industrial building was purchased for use as a bible and Christian book distribution centre in Darvel. Brass Tacks were tasked with renovating the warehouse, dealing with dampness issues and fitting out the warehouse with shelving units. 4. Ely Community Church, Cardiff This involved dealing with dampness issues and installing new windows and a doorway to make the building fit for purpose. 5. Keswick pencil factory packing hall, Cumbria A team worked on removal of the old pipe network from the roof space and re-cycling large old roofing timbers to make anti-terrorist barriers and picnic tables. The packing hall was then pressure washed. 6. Pontadarwe bathroom, Wales. Two doctors who serve in Sierra Leone bought a small house which had no shower or bath. We installed a new bathroom in their house, which is now being rented out while they have returned to Sierra Leone. 7. Kitchen, Largs, Scotland. A small job for an old man who is housebound. Kitchen was renovated with new units installed. The costs for Projects are shown in the Payments headings: Projects: Tools and Materials; Travel, accomm, subsistence.
March **2012**
**TAR**
4
## **Section E Financial review**
The charity aims to always hold a minimum of twelve months of costs **Brief statement of the** (2022 £119,663; 2021 £91,448) in reserve, excluding any restricted **charity’s policy on reserves** funds. The closing general reserves £270,453 (2021 £225,930) are sufficient to cover nearly two years of charitable activities and administrative expenditure.
The unknown nature of future costs (projects yet to be applied for) mean that higher reserves give a safety net for continuing to deliver the charity’s objectives and activities to those who need it. The reserves are exaggerated this year by an exceptional donation received in March.
**Details of any funds materially in deficit**
## **Further financial review details (Optional information)**
The principal funding sources for the charity are donations and grants. You **may choose** to include additional information, where Short term surplus cash is held in interest bearing bank accounts, with relevant about: options reviewed at least annually.
- the charity’s principal sources of funds (including An exceptional donation in the year in the form of a legacy of £60,309 any fundraising); means that going into the next accounting year further consideration is
- how expenditure has being made as to how the funds are held, and whether to transfer a portion to an investment account.
- supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
The year to 31[st] March 2022 is the second year of reporting through Receipts and Payments Accounts; which are Independently Examined.
The 2021 comparative figures in this year’s CC16a show a figure that accounted for the adjustments needed for changing in that year from Financial Statements with accruals and prepayments and depreciation, to Receipts and Payments accounts.
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** COLIN D.HAXTON **Full name(s)** SAMUEL J T PHILLIPS **Position (eg Secretary, Chair,** CHAIR OF TRUSTEES TRUSTEE **etc) Date** 22/12/2022
March **2012**
**TAR**
5
**----- Start of picture text -----**
Charity Name No (if any)
Brass Tacks Limited 298767
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from Apr-21 Mar-22
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 68,368 - - 68,368 62,996
Earmarked donations - 3,000 - 3,000 2,300
Gift Aid Tax recovered in year 1,311 - - 1,311 -
Bank deposit interest 198 - - 198 312
Exceptional donations - church clos 29,000 - - 29,000 18,060
Exceptional donations - legacies 60,309 - - 60,309 5,000
- - - - -
Sub total (Gross income for
159,186 3,000 - 162,186 88,668
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 159,186 3,000 - 162,186 88,668
A3 Payments
Salaries and National Insurance 46,602 - - 46,602 45,140
Employer Pension contributions 3,431 - - 3,431 3,431
Projects: Tools and Materials 6,792 - - 6,792 3,483
Travel, accomm, subsistence 15,813 - - 15,813 5,017
Office: Telephone, IT, subs; Equipm [ 5,333 ] - - 5,333 2,434
Printing, postage and stationery 8,106 - - 8,106 7,207
Insurances 1,035 - - 1,035 2,304
Exhibition costs 1,120 - - 1,120 -
Challenge House costs 6,464 - - 6,464 4,500
Sundry (bank charges, etc) 1,717 - - 1,717 530
Fellowship Fund 18,000 - - 18,000 14,320
Earmarked payments (Projects) - 5,000 - 5,000 300
Accountant 250 - - 250 138
Write off assets into R&P accounts - - - - 2,644
Sub total [ 114,663 ] 5,000 - 119,663 91,448
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 114,663 5,000 - 119,663 91,448
Net of receipts/(payments) 44,523 - 2,000 - 42,523 - 2,780
A5 Transfers between funds - - - - -
A6 Cash funds last year end 225,930 2,000 - 227,930 230,710
Cash funds this year end 270,453 - - 270,453 227,930
**----- End of picture text -----**
CCXX R1 accounts (SS)
30/12/2022
1
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
**Details**
CAF Bank
Stewardship
Cash in hand
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**183,240**
**-**
**86,613**
**-**
**600**
**-**
**270,453**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
SAMUEL J T PHILLIPS
COLIN D. HAXTON|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
22/12/2022
22/12/2022|
CCXX R2 accounts (SS)
30/12/2022
2
(HARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
' Sectton A
Independent Examinerfs Report
Report to the trusteesl
members of
Brass Tacks Ltd
On accounts for the year
ended
31 March 2022
Charity no
(if any)
298767
Set out on pages
1and2
I report to the trustees on my examination of the accounts of the above
charity ('the Trust'} for the year ended 3110312022.
Responsibilities and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
("the Acr}.
I report in respect of my examination of the Trust's accounts carried OLrt
under section 145 of the 2011 Acl and in carrying out my examination. I
have followed all the applicable Directions given by the Charity Commission
under section 145(51{b} of the Act.
Independent IThe charity's gross
ome exceeded £250 000 and l am
examiner's statement undertake th
mination by bein
alified mem
applic
isted bodyll. De
if not applica
to
linsert name of
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination {other than that
disclosed below ') which gives me cause to believe that in, any material
respect:
the accounting records wére not kept in accordance with section 130
of the Charities Act, or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements
oncerning the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
Slgned:
Date:
Name:
Relevant professlonal
qualificationls) or body
IER
Oct 2018
(if any):
Address:
rF/
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concem
(see CC32, Independenl examination of charity accounls= directions and
guidan for examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
Oct 2018