## **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**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||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**
1
|**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**
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. 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**
3
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.
4. 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.
7. Samaritan School, India. Assessment. Visit to assess existing damaged facilities and a report recommending maintenance priorities to enable development of the site.
8. 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**
4
## **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**
5
TAR
Mar¢h 2012
||**Brass Tacks Limited**
**Charity Name**|**Brass Tacks Limited**
**Charity Name**|**Brass Tacks Limited**
**Charity Name**|**Brass Tacks Limited**
**Charity Name**|**Brass Tacks Limited**
**Charity Name**|**298767**
**No (if any)**|**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
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 £**
**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
2
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