2023-03-31-accounts - Brass Tacks Limited

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 April 2022 To 31 March 2023

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

Brass Tacks Ltd

Charity's principal address Challenge House, 29 Canal Street Glasgow Postcode G4 0AD

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Samuel Phillips	Chairman
Paul Trotman	Vice-Chairman
WesleyEmerson		1 Apr 22 to 11 Nov 22
David Thorp
Colin Haxton
James Armstrong

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information) Type of adviser Name Address	Names and addresses of advisers (Optional information) Type of adviser Name Address	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.

TAR

March 2012

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. In total 649 work days were completed in the 2223 period; this is about average comparing year on year. There were between 1 and 11 workers on each of the ten projects.

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 through Echoes International, shown in the Payments heading: Fellowship Fund.

TAR

March 2012

Section D Achievements and performance

Charitable activities for period 1[st] April 2022 to 31[st] March 2023: Summary of the main achievements of the charity With the restrictions of the Covid pandemic almost fully behind us, during the year operations overseas have increased this year; having concentrated solely on projects within the UK in 2020-21 and 2021-22. 1. Keswick ministries, Lake District, England. Renovation of ground floor of accommodation block. 2. Tottenham rehab residences, London Attic conversion to allow bedroom space. 3. Echoes International Offices, Bath, England. Renovation of three floors of office building for missionary work. Removal of partition walls, fitting new kitchen, new suspended ceiling. Project management of whole project.

Lusaka Bible bookshop, Zambia.

Suspended ceilings. Floor tiling, joinery work to fit doors. Drainage channels and walkways. 5. Mission House, Kavungo, Angola.

Completion of sewerage tanks and rainwater offtakes. 6. Partition wall, Andy Shanks. Northern Ireland.

Garage conversion to make two rooms from one.

Samaritan School, India. Assessment. Visit to assess existing damaged facilities and a report recommending maintenance priorities to enable development of the site.
LaCoruna Pilgrim Centre, Spain. Shower and toilet facilities in rest house used for pilgrims on Camino Way. 9. Log cabins, Arran. Erection of nine log cabins for Scripture Union. 10. Asyut orphan centre, Egypt. Construction of kitchen units and fitting out.

The costs for Projects are shown in the Payments headings: Projects: Tools and Materials; Travel, accomm, subsistence.

TAR

March 2012

Section E Financial review

The charity aims to always hold a minimum of twelve months of costs Brief statement of the (2023 £153,345; 2022 £119,663) in reserve, excluding any restricted charity’s policy on reserves funds. The closing general reserves £330,879 (2022 £270,453) 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 large exceptional donations received in the year. 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 Exceptional donations in the year including a legacy of £80,128 (2022 any fundraising); £60,309) means that going into the next accounting year further
• how expenditure has consideration is being made as to how the funds are held, and whether to transfer a portion to an investment account.
supported the key objectives Consideration is also being made regarding potential use of the reserves
of the charity; to fund projects where costs could be met by the charity on behalf of
• investment policy and applicants who could not meet a share of the project costs themselves. objectives including any ethical investment policy adopted.

Section F Other optional information

The year to 31[st] March 2023 is the third year of reporting through Receipts and Payments Accounts; which are Independently Examined.

There are no longer comparative figures required due to the change over 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 17/12/2023

TAR

March 2012

TAR Mar¢h 2012

	Brass Tacks Limited Charity Name	Brass Tacks Limited Charity Name	Brass Tacks Limited Charity Name	298767 No (if any)	CC16a
	For the period from	Apr-22 Period start date	To	Mar-23 Period end date

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 83,362 - 818 1,713 48,250 80,128	Restricted funds to the nearest £ - 500 - - - -	Endowment funds to the nearest £	Total funds to the nearest £ 83,362 500 818 1,713 48,250 80,128 - 214,771 - - - 214,771 49,915 3,431 10,465 34,736 4,832 3,766 3,578 5,319 7,358 1,741 29,204 - - 154,345 - - - 154,345 60,426	Last year to the nearest £
Donations Earmarked donations Gift Aid Tax recovered in year Bank deposit interest Exceptional donations - church clos Exceptional donations - legacies	83,362	-	- - - - - -	83,362	68,368
	-	500		500	3,000
	818	-		818	1,311
	1,713	-		1,713	198
	48,250	-		48,250	29,000
	80,128	-		80,128	60,309
	-	-	-	-	-
*Sub total*(Gross income for AR)	214,271	500	-	214,771	162,186

A2 Asset and investment sales, (see table).
	-		- - -	-
	-			-	-
*Sub total*	-			-	-
*Total receipts* A3 Payments Salaries and National Insurance Employer Pension contributions Projects: Tools and Materials Travel, accomm, subsistence Office: Telephone, IT, subs; Equip Printing, postage and stationery Insurances Exhibition costs, meetings Challenge House costs (premises) Sundry (bank charges, etc) Fellowship Fund Earmarked payments (Projects) Accountant **Sub total **
			-	214,771	162,186

			- - - - - - - - - - - - - -	49,915	46,602
				3,431	3,431
				10,465	6,792
				34,736	15,813
				4,832	5,333
				3,766	8,106
				3,578	1,035
				5,319	1,120
				7,358	6,464
				1,741	1,717
				29,204	18,000
				-	5,000
				-	250

				154,345	119,663

A4 Asset and investment purchases, (see table)
	-		- - -	-
	-			-
**Sub total **	-			-	-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
			-	154,345	119,663

	60,426		-	60,426	42,523
	-		- -	-	-
	270,453			270,453	227,930
	330,879		-	330,879	270,453

CCXX R1 accounts (SS)

31/12/2023

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 £ 243,357 - 86,922 - 600 - 330,879 - 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 COLIN D. HAXTON SAM J T PHILLIPS	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		COLIN D. HAXTON	17/12/2023
		SAM J T PHILLIPS	22/12/2023

CCXX R2 accounts (SS)

31/12/2023

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the tru3teesl members ot Brass Tacks Lld On accounts for the year endod 31 March 2023 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. Responsibiliti8s and basis of report As the charity's trustees, you are responsib for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145151(bl of the AGI. Independent IThe charity's ss income ex ed £250,000 and am qualified examinerfs statement underta e examinatio being a qualifie mber of lin name of able listed bod elete I l if not a able. I have compted my examination. I confimi 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 were 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 conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounls give a 'true and fail view which is not a matter considered as part of an independent examination. I have no concems 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 bTrckets if they do not apply Signed: Dats: Name: Relevant professional qualificationls) or body IER Oct 2018

lif any): Address: Section B Disclosure Only complete if the examiner needs to highlight material matters of GOnrn (see CC32, Independent examination of charity accounts.. directions and guidan for examiners). Giv• here brief details of any items that the examiner wishes to disclose. IER Oct 2018