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|Reference and administrative
details ofthe charity, its directors|Reference and administrative
details ofthe charity, its directors|Reference and administrative
details ofthe charity, its directors|Reference and administrative
details ofthe charity, its directors|Reference and administrative
details ofthe charity, its directors|Reference and administrative
details ofthe charity, its directors|and advisers|and advisers|and advisers|
|---|---|---|---|---|---|---|---|---|
|Charity Number||1093569|||||||
|Company|Number|03339120|||||||
|Registered|Office|32 Kingsway
House|||||||
|||Kingsway|||||||
|||Team Valley|||||||
|||Gatesh cad|||||||
|||NE11 OHW|||||||
|Directors||Andrew
Silver||(Chair)|||||
|||Lieutenant
General|Robin Brims|(Vice Chair)|||||
|||Julian Thomas|||||||
|||Robert Morton|(Retired 23'||September||2020)||
|||Lyn Horton|(Retired 23'||September||2020)||
|||Leigh Thompson|||||||
|||Emma Richards|||||||
|||Mary Youngs|||||||
|||Lisa Eaton|(Appointed||23"|September||2020)|
|||Elizabeth Watchorn|(Appointed||23'~|September||2020)|
|||Terence Burke|(Appointed||23'|September||2020)|
|Key management|||||||||
|Chief Executive Officer||Richard
Haigh|||||||
|Company|Secretary|Richard
Haigh|||||||
|Interim Chief Executive Officer Austin
McNamara|||(left|1"October||2020)|||
|Auditors||Haines Watts|||||||
|||17Queens
Lane|||||||
|||Newcastle
upon Tyne|||||||
|||NE1 1RN|||||||
|Bankers||Co-operative
Bank|Plc||||||
|||PO Box101|||||||
|||1 Balloon Street|||||||
|||Manchester|||||||
|||M60 4EP|||||||
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|Current financial year|||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|||
|||general|designated||||
||Notes|2021
f|2021
f|2021f|2021
f|2020|
|Income from:|||||||
|Donations
and legacies||11,302|||11,302|11,500|
|Charitable
activities||119,500|254,800|117,735|492,035|512,098|
|Investments||806|||806|1,220|
|Total income||131,608|254,800|117,735|504,143|524,818|
|Ex enditure on:|||||||
|Charitable
activities||128,095|146,322|117,528|391,945|434,640|
|Net income for the yearl|||||||
|Net movement
in funds||3,513|108,478|207|112,198|90,178|
|Fund balances at 1 April 2020||138,505|99,593|170,624|408,722|318,544|
|Fund balances at 31 March 2021||142,018|208,071|170,831|520,920|408,722|
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|Prior financial year||||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Unrestricted||Restricted|Total|
||||funds||funds|funds||
||||general||designated|||
|||Notes|2020||2020f|2020f|2020
f|
|Income from:||||||||
|Donations
and legacies|||11,500||||11,500|
|Charitable
activities|||270,905|||241,193|512,098|
|Investments|||1,220||||1,220|
|Tota I income|||283,625|||241,193|524,818|
|Ex enditure on:||||||||
|Charitable
activities|||113,342||65,107|256,191|434,640|
|Gross transfers
between|funds||(164,700)||164,700|||
|Net income for the yearl||||||||
|Net movement
in funds|||5,583||99,593|(14,998)|90,178|
|Fund balances at 1 April 2019|||132,922|||185,622|318,544|
|Fund balances at 31 March 2020|||138,505||99,593|170,624|408,722|
##
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||||2021||2020||
|---|---|---|---|---|---|---|
|||Notes|||||
|Fixed assets|||||||
|Tangible assets||10||2,511|||
|Current assets|||||||
|Debtors|||4,391||67,754||
|Cash at bank and in|hand||535,710||401,040||
||||540,101||468,794||
|Creditors: amounts|falling due||||||
|within one vear||12|(21,692)||(60,072)||
|Net current assets||||518,409||408,722|
|Total assets less current liabilities||||520,920||408,722|
|Income funds|||||||
|Restricted funds||14||170,831||170,624|
|Unrestricted
funds|||||||
|Designated
funds||15|208,071||99,593||
|General unrestricted|funds||142,018||138,505||
|||||350,089||238,098|
|||||520,920||408,722|
##
|Keyfund
Federation|Limited|
|---|---|
|(A company
limited|by guarantee)|
|Statement ofCash|Flows|
|For the year ended|31 March 2021|
||||||2021|||2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|f||f|||
|Cash flows from operating||activities||||||||
|Cash generated
from operations||||||136,782|||132,723|
|investing|activities|||||||||
|Purchase|oftangible fixed assets||||(2,918)|||||
|Investment|income received||||806||1,220|||
|Net cash|(used in)/generated||from|||||||
|investing|activities|||||(2,112)|||1,220|
|Net cash|used in financing|activities||||||||
|Net increase
in cash and cash|||equivalents|||134,670|||133,943|
|Cash and|cash equivalents
at|beginning||ofyear||401,040|||267,097|
|Cash and|cash equivalents|at|end of|year||535,710|||401,040|
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||||Total|Total|
|---|---|---|---|---|
||||2021f|2020
f|
|Membership|income||6,924|30,546|
|Grants|||484,987|476,460|
|Other income|||124|5,092|
||||492,035|512,098|
|Analysis
by|fund||||
|Unrestricted|funds|- general|119,500|270,905|
|Unrestricted|funds|-designated|254,800||
|Restricted funds|||117,735|241,193|
||||492,035|512,098|
##
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2021|2020|
|f|E|
|806|1,220|
##
||||||Total|Total|
|---|---|---|---|---|---|---|
||||||2021f|2020
f|
|Staff costs|||||219,269|158,575|
|Depreciation
and impairment|||||407|1,390|
|Direct project costs|||||30,387|113,573|
|Staff related costs|||||17,004|2,795|
|Travel expenses|||||521|4,255|
|Property costs|||||17,132|16,517|
|Office costs|||||2,459|2,817|
|ITcosts|||||10,165|17,501|
|Advertising
and PR|||||808|3,433|
|Legal and professional|||||54,808|80,059|
|Bank charges|||||486||
||||||353,446|400,915|
|Share ofsupport costs (see note 7)|||||33,329|27,131|
|Share ofgovernance|costs (see note 7)||||5,170|6,594|
||||||391,945|434,640|
|Analysis
by fund|||||||
|Unrestricted
funds|-general||||128,095|113,342|
|Unrestricted
funds - designated|||||146,322|65,107|
|Restricted funds|||||117,528|256,191|
||||||391,945|434,640|
|Support costs|||||||
||Support Governance||2021|Support|Governance|2020|
||costs|costs|f|costs
E|costs
f||
|Staff costs|33,329||33,329|27,131||27,131|
|Audit fees||4,608|4,608||4,608|4,608|
|Meeting costs||562|562||1,986|1,986|
||33,329|5,170|38,499|27,131|6,594|33,725|
|Analysed
between|||||||
|Charitable
activities|33,329|5,170|38,499|27,131|6,594|33,725|
##
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|||2021|2020|
|---|---|---|---|
|||Number|Number|
|Charitable|activities|||
|Employment
costs||2021|2020|
|||E|E|
|Wages and|salaries|220,770|162,579|
|Social security costs||16,508|11,710|
|Other pension costs||15,320|11,417|
|||252,598|185,706|
##
|Intangible
fixed assets|||
|---|---|---|
||Operating|System|
|||f|
|Cost|||
|At 1 April 2020 and 31 March 2021||6,120|
|Amortisation
and impairment|||
|At 1 April 2020 and 31 March 2021||6,120|
|Carrying amount|||
|At 31 March 2021|||
|At 31 March 2020|||
##
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|10|Tangible fixed asset|s||||
|---|---|---|---|---|---|
|||||Office|Equipment|
||||||f|
||Cost|||||
||At 1 April 2020||||19,376|
||Additions||||2,918|
||At 31 March 2021||||22,294|
||Depreciation
and impairment|||||
||At 1 April 2020||||19,376|
||Depreciation
charged|in the year|||407|
||At 31 March 2021||||19,783|
||Carrying amount|||||
||At 31 March 2021||||2,511|
|11|Debtors|||||
|||||2021|2020|
||Amounts
falling due|within one year:|||f|
||Trade debtors|||254|65,876|
||Prepayments
and accrued income|||4,137|1,878|
|||||4,391|67,754|
|12|Creditors: amounts|falling due within one year||||
||||Notes|2021|2020f|
||Other taxation and social security|||6,348|4,310|
||Deferred income||13||38,059|
||Trade creditors|||3,576|7,872|
||Accruals and deferred|income||11,768|9,831|
|||||21,692|60,072|
|13|Deferred income|||||
|||||2021|2020|
||Other deferred
income||||38,059|
##
|ofdonations
and grants|held on trust for soecif|ic ourooses:|||||
|---|---|---|---|---|---|---|
|Current year|||||||
||||Movement|in|funds||
|||Balance at|Incoming||Resources|Balance at|
|||1April 2020f|resources
f||expended31|March 2021
f|
|Key funds||46,733|40,465||(21,382)|65,816|
|Project funds||89,518|77,270||(82,661)|84,127|
|Virgin Money Foundation|- Key funds|20,673|||(6,259)|14,414|
|Virgin Money Foundation|- Project funds|13,700|||(7,226)|6,474|
|||170,624|117,735||(117,528)|170,831|
|Prior year|||||||
||||Movement|in|funds||
|||Balance at|Incoming||Resources|Balance at|
|||1April 2019f|resources||expendedf|1April 2020|
|Key funds||75,481|53,044||(81,792)|46,733|
|Project funds||80,504|122,535||(113,521)|89,518|
|Virgin Money Foundation|- Key funds|20,218|30,000||(29,545)|20,673|
|Virgin Money Foundation|- Project funds|9,419|35,614||(31,333)|13,700|
|||185,622|241,193||(256,191)|170,624|
##
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|Current year|||||||||
|---|---|---|---|---|---|---|---|---|
|||||Movement
in funds|||||
|||Balance at||Incoming|Resources|Transfers||Balance at|
|||1April 2020||resources|expended||31|March 2021|
||E.||E||E
f.||E||
|Project funds||99,593||234,800|(146,072)|||188,321|
|Key funds||||20,000|(250)|||19,750|
|||99,593||254,800|(146,322)|||208,071|
|Prior year|||||||||
|||||Movement
in funds|||||
|||Balance at||Incoming|Resources|Transfers||Balance at|
|||1April 2019f||resources|expended|E|31|March 2020|
|Project funds|||||(65,107)|164,700||99,593|
||||||(65,107)|164,700||99,593|
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|as generae
ro|opera|ions|||2021|2020|
|---|---|---|---|---|---|---|
||||||f|f|
|Surplus for the year|||||112,198|90,178|
|Adjustments
for:|||||||
|Investment
income recognised
Depreciation
and impairment||in statement
offinancial
oftangible fixed assets||activities|(806)
407|(1,220)
1,390|
|Movements
in working|capital:||||||
|Decrease
in debtors|||||63,363|130|
|(Decrease)/increase
in
(Decrease)/increase
in|creditors
deferred
income||||(321)
(38,059)|4,186
38,059|
|Cash generated
from|operations||||136,782|132,723|
|Analysis ofchanges|in net funds||||||
|The charity had no debt during||the year.|||||