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Guildhall Chambers<br>29 Fisher Street, CA3 8RF<br>**----- End of picture text -----**<br>


## Trustee Report 2020/2021 

It has been a challenging year for our homeless service.  Obviously Covid brought many challenges and continues to do so.  We increased our opening hours during the first lockdown in March 2020 and have continued with those increased opening hours while all statutory services went on line or telephone only, as we realised there were many vulnerable young people with no place to go when in crisis. 

The organisation is working well, we are just taking back volunteers to help run the service and provide much needed support for our paid staff. Our service relies on volunteers so its really good to start taking some back in.  We also provide placements for social work students and counselling students to enable them to gain practical experience. 

Donations are going well and we are increasing our efforts to secure future funding to enable us to make the organisagtion financially sustainable. A fundraising strategy is being developed to list all grant and fundraising activity. 

We have supported over 300 young people in the last year with homeless advice, supported accommodation, benefits advice, food parcels, emotional support, mental health issues, counselling, signposting to drug and alcohol services and debt advice.  Several of the young people have been in crisis so the support is intensive and time consuming but we are continuing to offer extended opening hours and we also have an online messaging service that our young people can access to receive support. 

Our eleven units of supported accommodation are in great demand as restrictions have lifted. We currently have a waiting list and the young people that live there are very settled.  We look forward to another year of helping homeless young people. 

Graeme Ridgewell Ben White Jenna Sutherland Sheila March Pauline Colla 

Carlisle Key Trustees 

**Registered Charity No: 1099610                                           Company No: 04793697** 



## **Carlisle Key** 

## **Statement of Financial Activities for the year ended 31st March 2021** 

|**Carlisle Key**<br>**Statement of Financial Activities**<br>**for the year ended 31st March 2021**|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||**Note**||**Total**||**Unres**||**Rest**||**2020**||
|Donations||||16,172||16,172||||18,950|
|Grants||2||221,852||155,410||66,442||99,421|
|Student placements||||2,800||2,800||||1,400|
|Rent||||105,061||105,061||||18,307|
|Bank interest||||12||12||||33|
|Release of housing grants||||9,097||||9,097||4,653|
|||||354,994||279,455||75,539||142,764|
|Expenditure|||||||||||
|Salaries and pensions||||130,595||130,595||||98,276|
|Rent||||19,440||19,440||||21,120|
|Utilities and council tax||||11,314||11,314||||9,280|
|Insurance||||2,334||2,334||||1,953|
|Operating expenses||||12,458||12,458||||4,476|
|Office expenses||||2,885||2,885||||2,091|
|Telephone and internet||||2,222||2,222||||1,573|
|Young persons' expenses||||14,690||||14,690||1,630|
|Counselling||||6,859||||6,859||779|
|Cleaning||||1,601||1,601||||1,745|
|Training||||444||444||||2,630|
|Vonteers' expenses||||43||43||||981|
|Travel||||355||355||||813|
|Repairs and maintenance||||18,444||18,444||||2,163|
|Subscriptions||||1,171||1,171||||1,909|
|Marketing||||423||423||||3,404|
|Sundry expenses||||350||350|||||
|Covid 19 costs||||3,320||3,320|||||
|Mortgage interest||||2,715||2,715||||5,076|
|Depreciation||||16,081||6,984||9,097||10,643|
|||||247,744||217,098||30,646||170,542|
|Surplus/(Deficit) for the year||||107,250||62,357||44,893|-|27,778<br>|
|Funds brought forward||||93,237||79,016||14,221||121,015|
|Funds carried forward||||200,487||141,373||59,114||93,237|





## **Carlisle Key** 

## **Balance Sheet as at 31st March 2021** 

|||||||**2020**|
|---|---|---|---|---|---|---|
|**FiXED ASSETS**|**Note**||||||
|Tangible assets||4||327,855||298,096|
|**CURRENT ASSETS**|||||||
|Debtors||5|12,062||7,469||
|Cash at bank and in hand|||176,498||128,337||
||||188,560||135,806||
|**CREDITORS**|||||||
|Amount falling due within one year6|||31,103||62,300||
|||||157,457||73,506|
|Total assets less current liabilities||||485,312||371,602|
|Creditors falling due within more|||||||
|than one year||||284,825||278,365|
|**NET ASSETS**||||**200,487**||**93,237**|
|**Financed by:**|||||||
|**ACCUMULATED FUNDS**|||||||
|Restricted funds||||59,114||14,221|
|Unrestriced funds||||141,373||79,016|
|||||**200,487**||**93,237**|





## **Carlisle Key Accounting policies** 

## **Basis of preparation** 

The accounts have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable to the UK and Republic of Ireland" and the requirements of the Companies Act 2006 as applicable to the small companies regime 

The accounts have been prepared under the historical cost convention The statement of financial activities included all gains and losses recognised during the year. 

All incoming resources and resources expened derive from continuing activities 

## **Company status** 

The company is a charity limited by guarentee and in the event of the company being wound up the liability is limited to £10 per member. 

## **Fund accounting** 

Unrestricted funds can be used at the trustees' discretion for furtherance of the general objectives of the charity while restriced funds are to be used in the specific restrictions imposed by the donors. 

## **Tangible Fixed Assets** 

The tangible fixed assets are stated at cost. 

Depreciation is recognised so as to write off the costs over their useful lives. Freehold buildings 2% straight line Leasehold buildings over the period of the lease Furniture and equipment 25% straight line 

## **Deferred income** 

To the extent that grants received will not be spent until a later period they are carried forward in creditors as deferred income 

Grants received to fund the purchase of property are held in creditors and released in line with depreciation policy. 

## **2 Grants** 

||**Total**||**Unrest**||**Rest**||**2020**|
|---|---|---|---|---|---|---|---|
|Lloyds Bank Foundation||25,000||25,000||||
|Francis Scott||20,000||20,000||||
|Nationwide BS||32,333||||32,333|8,334|
|Big Lottery||29,000||29,000|||42,410|
|Tudor Trust||3,500||||3,500||
|Cumbria Community Found||2,000||||2,000|2,500|
|Cumbria County Council||15,690||2,950||12,740||
|Groundwork||1,500||1,500||||
|CAF Bank||10,000||10,000||||
|Carlisle City Council||4,000||4,000|||1,000|
|Cumbria PCC||2,940||2,940||||
|Homeless Liink||14,000||||14,000||
|Newcastle BS||4,000||4,000|||5,177|
|Lottery Covid recovery||46,020||46,020||||
|Lottery Community Fund||10,000||10,000||||
|Co-op loal fund||1,870||||1,870||
|Hadfield Trust|||||||5,000|
|St James Place|||||||10,000|
|Garfield Weston|||||||25,000|
|||**221,853**||**155,410**||**66,443**|**99,421**|





|**3 Staff costs**|||||
|---|---|---|---|---|
|Salaries and national ins|124,594|||93,865|
|Pension costs|6,001|||4,411|
||**130,595**|||**98,276**|
|**4 Fixed Assets**|**Freehold**|**Leasehld**|**Equipment**||
|**Cost**|||||
|Ai 1st April 2020|271,175|27,814|9,750||
|Additions|6,242|33,027|6,572||
||**277,417**|**60,841**|**16,322**||
|**Depreciation**|||||
|At 1st April 2020|5,424|2,781|2,438||
|Charge for year|5,551|6,452|4,079||
||**10,975**|**9,233**|**6,517**||
|Net book value|**266,442**|**51,608**|**9,805**||
|Tudor Trust contributed £40000 towards the leasehold property|||||
|improvements for wich the trustees extend their grateful thanks|||||
|**5  Debtors**||**2021**|**2020**||
|Trade debtors||3,845|1,417||
|Prepayments||8,217|6,052||
|||**12,062**|**7,469**||
|**6 Creditors**||**2021**|**2020**||
|**Amounts falling due within on year**|||||
|Trade creditors and accruals||2,070|29,112||
|Deferred income||16,666|25,475||
|Grants for property purchase||9,097|4,653||
|Mortgage||3,271|3,060||
|||**31,104**|**62,300**||
|**Amounts falling due within more than**|||||
|one year|||||
|Deferred income|||16,666||
|Grants for property purchase||230,811|204,352||
|Mortgage||54,014|57,346||
|||**284,825**|**278,364**||





|**7**|**Donations**||
|---|---|---|
||Localgiving|3,535|
||Capita|500|
||Riverside|950|
||Methodist Church|3,104|
||Period Poverty North Cumbria|874|
||Groundwork|500|
||TJX|500|
||Christmas Appeal|590|
||Paypal Giving Fund|2,293|



This is a snapshot of the many donations received for which the trustees are most grateful 

|**8**|**Restricted fund analysis**|**1st Apr 20**|**Income**||**Expend**|**31st Mar 21**|
|---|---|---|---|---|---|---|
||Hadfield Trust|4,221|||4,221||
||St James Place|10,000|||2,638|7,362|
||Nationwide|||32,333|14,690|17,643|
||Tudor Trust|||3,500||3,500|
||Cumbria CC|||12,740||12,740|
||Cumbria Community Fund|||2,000||2,000|
||Homeless Link|||14,000||14,000|
||Co-op Loocal Fund|||1,870||1,870|
|||**14,221**||**66,443**|**21,549**|**59,115**|





## **CARLISLE KEY** 

## **Independent Examiners Report to the Trustees of Carlisle Key** 

I report on the accounts of the charity for the year ended 31[st] March 2021, which are set out on pages 1-5. 

_This report is made solely to the charity’s trustees, as a body, in accordance with s43 of the Charities Act 1993_ (for a charity in England and Wales) 

## **Respective responsibilities of Trustees and Examiner** 

The charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. 

It is my responsibility to: 

- ⬧ Examine the accounts (under section43 (3)(a) of the 1993 Act); 

- ⬧ To follow the procedures laid down in the General Directions given by the Charity Commissioners under s43 (7)(b) of the Act; and 

- ⬧ To state whether particular matters have come to my attention. 

## **Basis of independent examiners report.** 

My examination was carried out in accordance with the General Directions given by the Charity Commissioners.  An examination included a review of accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in audit and consequently, I do not express an audit opinion on the view given by the accounts. 

## **Independent examiners statement** 

In connection with my examination, _no matter has come to my attention:_ 

- (1) which gives me reasonable cause to believe that, in any material respect, the requirements: 

   - ⬧ to keep accounting records in accordance with s41 of the Act; and 

   - ⬧ to prepare accounts which accord with accounting records and comply with the accounting requirements of the Act 

have not been met; or 

- (2) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached. 

Mr. Robert W. Gordon FCA, ATT, FMAAT Briar Lea House, Brampton Road, Longtown, Carlisle, CA6 5TN 

Date: 15 September 2021