2022-03-31-accounts - Key Community

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Contents	Pages
Legal and administtative information
Report ofthe trustees	2-7
Independent auditor's rcytut tothe trustees	8-II
Snuement of5nancial ac6vities	12
Statement ofIlnancial position	13
Statement ofcash flows
Notes to the financial statements	15-27

YEARX	NM9 31MARCH	2022
Registered	Charity Name	Key Community (will bereferred	to asKEYthmughout		these 5nancial statements)
Registration	Numbers	Charity Number 1108921 Company Number 5031398
Trustees		BAskins (Resigned 21/09/2022) IAskins (Resigned 21/09/2022)
		PBrennan (Resigned 27/01/2022)
		PHaytou
		SHamilton
		IMontgomery
		EHobson
		K.Shields (Trustees are also the directors		of	KEY for the purposes		of
		company law)
Company Secretary		IAskins (Resigned 21/09/2022)
Registered	Ofice	116Baring Street
		South Shields
		Tyne /k Wear
		NR33 2BA
Auditors		Torgeraens
		Chartered Accountants
		Somerford Buildings
		Norfolk Street
		Sundcrland
		SRl }EE
Bankers		Unity Trust Bank Plc
		4Brindley Place
		Birmingham
		BI2IR
		Barclays Bank Plc
		53Fawcett Street
		Sunderland
		SR1 1SD
		Central Finance	Board of the Methodist			Church
		9Bonhitl Street
		London
		EC2A 4PE
		Shawbmok Bank Limited
		Lutca House
		Warley Hill Busmess Park
		The Drive
		Great Warley
		Brcntwood
		Essex
		CM133BE
		The Charity Bank Limited
		Fosse House
		182High Street
		Tonbridge
		TIS9IBE
Solicitors		Hardings
		SaIohn Street
		Suudcrhmd
		SR1IQH

YEARXN&EQ	31M	ARCH 20	M
				Unrestricted		Total	Total
			Note	Funds		2022	2021
				f.
INCOME
Income and endowments		from:
Donations and legacies			4	32,1$2	31+04	63+$6
Charitable activities			5	902+07	521,634	1,42~41	1,351,865
Investments			6	89		89	432
Total incomiu& resources				934,778552,73&		1~7,516	1,436,669
EXPENDITURE
Expenditure ou:
Raising funds			7	12@49	105	12,454	Z&,&11
Charitable activities			8	720+32	377,014	1,097,846	1,000,890
Total				733.1&1	377,119	l,ll &PQQ	1,029,701
Net incomlngl(outgoing)		resources		2QIP97	175,619	377,216	406,968
Transfers between	Funds			33,726	(33,726)
NET MOVEMENT	IN FUNDS			235823	141+93	377&16	406,968
Total funds brought	forward			1,034+70	36$,$$$	1@95,158	988,190
Total funds carried	forward			1,269,593	502,781	1772374,	1.395,15S

FIXEDASSETS
Tangible fixed assets				470@21	433,684
CURRENT ASSETS
Debtors		14	222,082		159,935
Cash atbank and in hand			1,113,815		860,693
			IP35s897		1,020,628
CREDITORSi amounts	falling due
within one year			(34,444)		(59,154)
NET CURRENT ASSETS				1+01,453	961,474
NETASSETS				1,711Pv4	1,395,158
THE FUNDS flF THK	CHARITY
Restricted income funds		17		502,781	360,888
Unrestricted funds		18		1,269,593	1,034,270
Total Funds				1,772@74	1,395,158

KEYCOMMUNITY STATEMENT OFCASH FLOWS 31MARCH 2022
			2021
Surplus for the year		377+16	406,968
Adjustments for:
Depreciation and impairment oftangible
fixed assets
iviovement in working capital:
{Increase)/dccrcasc in debtors	(62,147}		{114,750)
increase/(decrease) in creditors	(24,'710)		(16,567)
		($6,$57)	{131/17)
Cash generated from operations		290@59	275,651
Investing activifies
Purchase oftangible 6xed assets		(37@37}
Wet increase ia cash and cash equivalents		253,122	275,651
Cash and cash equivalents at beginning of
year		$60,693	585,042
Cash and cash equivalents at eud ofyear		1+13@15	860,693

	Unrestricted	Restricted	2022	2021
	Funds	Funds g	Total	Totalf
Anson C lose Income	17,192		17&192	17&517
Askins Askins Dispers Plavia H Heaton Hedley Stricklan 116Barjng Baring des Lodge -Income Cottages ed Properties —Income ouse Gardens Close dHouse Income Street —Rent from flat Street —Rent &am ks	410,368 116,606 67,849 115,991 17,590 17,258 90,920 18,048 685		410,368 116,606 67,849 115,991 17,590 17,258 90,920 18,048 685	437,153 64,305 75,282 114,850 17,146 16,1S6 80,109 15,068
Accommodation grant Act435 All Churches Together Awards for All Ballinger Grant BBCChildren in Need Bernard Sunley BUSProject —Community Foundation Consortium Community Foundation Covid 19Grants Charities Trust —Nationwide Community CAN NE Durham Community Feeding Britain Pood Bank - Grants Puel Bursary Donation GPTNTLSOLS Great North Run	15,000	41,200 735 11,700 15,000 18,116 10,000 88,405 15,900 48,699 1&000 9,753 170/83 80 974	41,200 735 11,700 15,000 18,116 15,000 10,000 88,405 15,900 48,699 1,000 9,753 170383 80 974	40,833 2,240 l0,000 15,000 9,913 90,249 14,823 15,658 2,150 160,756 4,000 1,300 250
Greggs Groundword -Consultancy -Gym Passes	15,000	5,000	15,000 5,000	50 500
Henry Smith HMRC JRSincome Homeless Link Leathersellers Lloyds Bank Foundation Mercers Northumhia Police Places for People Raindance Trust RISE Scottish Power South Tyneside Council Rates Relief Virgin Money		17,850 15,000 30,000 7,000 14,839	17,850 15,000 30,000 7,000 14,839	4,817 16,900 15,000 33,000 8,000 5,000 3,000 40,810 10,000 10,000
Total Grants and Contracts				LZ&Mk~

						2022	2021
							8
Cash	investments	held	in	the	UK	89

			Unrestricted	Restricted	2022	2021
			Funds	Funds	Total	Total
						f.
Advertising, Other fund	martceting raising costs	and development	8,022 4,327	105	8,127 4327	3,420 25,391

31MARCH 26ZZ	31MARCH 26ZZ	31MARCH 26ZZ
ON CHARITABLE			ACTIVITIES
			Unrestricted		Restricted	2022	2021
				Funds	Funds	Total	Total
Anson Close				12,007		12,007	16,388
Askins Lodge			325,218			325/18	362,969
Askins Cottages				70,252		70+52	58,556
Dispersed properties —setup and running		costs		41,110		41,110	44,732
Flavin liouse —salaries and running	costs			99,041		99,041	68,144
Heaton Gardens —running costs Hedley Close —running cos Strickland House —salaries 116Baring Street —flat costs Trini ty Walk Accommodation managers Act435 All Churches Trust Awards for AR Bank charges ts and running		costs		794 13,006 7,100 73,604 12,384 976	39,680 693 1,428 7,557	13,006 7,100 '73,604 12,384 9?6 39,680 693 1,428 7,557 794	5,097 4,098 65,045 17,852 25,166 3,015 934
Baring Street —ruruung costs BBCChildren in Need BUSProject Cos16elds Conunnnics duns Conununity Foundation —Salary costs				6,820 7,669 4,413	18,097 16,920 26,369	6,820 18,097 16,920 7,669 4,413 26,369	7,234 9,913 5,646
—project costs COYID-19					2,870	2,870	15,658
Development costs Family Intervention Event					784	784	1,300
Food Bank -Consumables					30,807	30,807
—Lloyds Foundation					29,636	29,636
—Salary snd costs					12,400	12,400	71,641
—Holiday Hunger —Rent					8,200	8+00	11,148
Fuel bursary							4+50
General once (computer, stationery Governance cost HAF Project HMRC JRSSalaries HR	etc)		1,333 13,998 2,731		1,753 13+85	3,086 13,998 13,285 2,731	1,168 4,600 4,817
insurance IT Outreach				524 '7,484 874		524 7,484 874	1,193 21,029
Projects- salaries and costs Recruitment RISE Staffcosts (employed and other workersj			l	3,281 522	80,047 6,865	93,328 522 6,865	71,271 553
-Consornum Training Van Volunteer Expenses				5,691	'75,405 2,400 1,818	75,405 5,691 2,400 1,818	88,068 4,061 2,209 3,135
Total resources expended			~72 gg2		~~14	I g97~46	~1~99

						2022			2021
						Total		Total
This isstated after charging the following:
Governance costs
10. STAFFCOSV8 AND	NUMBERS
						2022			2021
Staffcosts (employed only)	comprise:					g			f
Salaries						594/20		550,42&
Employers Nl contributions						49,597		45,193
Pension costs						23,711		21,0g1
						6117.$76		616,700
The figures for pension costs referred to above relate to KEY's contribution members ofstaa'are in Stakeholder Pensicm Schemes.						to Staff Pension	Schemes.		Tw66
						2022			2021
The average number of'persons employed		by the Trust		was asfollows:		g
Management and administrative						3			3
Charitable activities						20			19
						23			22
The number ofemployees whose remuneration			for the year fell within the following bands, were:
						2022			2021
						No.			No.
f.60,000tnf69,999									1
f,70,000tof79,999						l
Key Management Fersonnet
Key management personnel comprise of one employee that has authority directing and controlling the activities ofthe charity. The total compensation for services provided to the charity was f71,524(2021:f65,170).					and rerponsiMity for paid to key management			planning, personnel

13. FlXEDASSETS-T	angible Assets
	Strickland	Heaton	Hedley		116Baring		Trinity		Total
	House	Gardens		Close	Street		Walk
	g		8	g		g
Cost
At I Aprd 2021	205,357	31,906		30@06	165,515				433,684
Additions							37237		37237
At31March 2022
Depreciation
At I April 2021
Charge for the year
At 31March 2022
Net BookUalue At 31March 2022 At31 March 2021		~106			~6 ~16	l			~2 ~33 4
14. Debtors
							202?		2021
Amounts due from consortium							7@67		22,103
Housing benefit due							166,006		124,147
Service charges due							25,089		13,685
Other debtors and prepayments							23,620
							222,082		159,935
15. Creditors: amounts	falling due within one	year
							2022		2021.
							8
Taxation and socinl Minority
Other creditors. nccruals and. deferred income									59,154
									59,154
16. ANALYSIS OFNET ASSETSBETWEEN FUNDS
		Ceneral		Designated
		Funds			Funds		Restricted		Total
							Funds		Funds
			8				8
Tangible fixed assets					470„rt21				470„rl21
Current assets		&4/83			748,672		502W2		1,335,897
Current liabilities		(34/93)					@II)		f34„444)
Net Assets at31March	2022	50,000		1,219,593'			502,781	1,772374

ANALYSIS OFNET ASSETSBET%EENFUNDS	ANALYSIS OFNET ASSETSBET%EENFUNDS	ANALYSIS OFNET ASSETSBET%EENFUNDS	—previous year
			Cenerel Designated
			Funds	Funds	Restricted	Total
					Funds	Funds
					f.
Tangible fixed assets				61,754	371P30	433,6$4
Current assets				673,744	(3,156)	1,020,62$
Current liabilities				(51,26S)	(7,8&6)	(59,154)
Net Assets at31March 2021			350,040	684,230	360,$88	1,395,l58
17. ANALYSIS OFRESTRlCTED		FUND MOVEIISENTS
		At1April				At31March
		2021	ollrl ngf Inc	Outgoingf	Transfersf	2022f
Accommodation Grant Act 435		48,167	1,200 735 4	{39,680) {693}		49,6&7 42
All Churches Trust			11,700	(1+2$)		10/72
Awards for All		10,000		{7,557)		2,443
Ballinger Grant		14rI71	15,000	(14rI24)		15,047
Bursary Fund		420				420
BUSProject			10,000	(9„rI53)		47
Charities Trust —Nationwide			48,699			4$,699
Clothing Fund		828	19			847
Community CAN NE Community Foundation		9+66	1,000 15,900	(29i239)	3,473	1,000
Consortium		20@37	88,405	{75,405)		33,537
Durham Community		2i150				2,150
Family Intervention			35s966	(18,881)		17,0$5
Feeding Britain Food Bank/Support	packs —funding	128@23	9,753 201,46S	(6P67) (100,403)		2,786 229PSS
Fuel Bursary Donation		10	80			90
Great North Run		250	974			1,224
Groundwork re trip		500	5,000			5,500
Homeless Link KEYStaff		6,465 A+34		{6,503)		2,234
Leathersellers			15,000	{10,757)		4,243
Mercers		27,565	30,000	(26/69)		31@96
Nortbumbria Police Places forPeople Property Purchase Grants RISE		5,000 3$,689	14,839	{3,099) (6,$65)	(37,237)	5,000 3,901 1,452 7,974
Scottish Power		31,750		{18+96)		13,254
Virgin Money Young People's Activities		10,000 2+63				10,000 2463
			552,738	(377,119)	{33,726)	502,7$1

NOTES TO THE FINANCL)U 31mICING	NOTES TO THE FINANCL)U 31mICING	NOTES TO THE FINANCL)U 31mICING	STATEMENTS (CONT1NUED}	STATEMENTS (CONT1NUED}	STATEMENTS (CONT1NUED}	STATEMENTS (CONT1NUED}
1'7.ANALYSIS OFRESICTED			FUND MOVEtttlENTS {CONTINUED) —previous year At 1April				At31March
			2Q20	Incoming	Outgoing	Transfers	2021
					6		5
Accommodation Grant			32,500	40,833	(25,166)		48,167
Act 435			775	2,240	(3)015}
Awards for All				10,000			10,000
Balbnger Grant			15,000	15,000	(15,029)		14@71
Barbour re Christmas		party	39		(393
BBCChildren in Need				9,913	(9,913)
Bursary Fund			420				420
Clothing Fund			$2S				S2S
Community Foundation			21,355	14,&23	(26,312)		9,866
Consortium			18@56	90,249	{&8,068)		20,537
COVID-l9 Grants				15,65S	(15,658)
Durham Community				2,150			2,150
Etvet Church Durham			21+98			(21,59&)
Food Bank/Support	packs —funding		5,022	194/03	(70@92)		128,923
Fuel Bursary Donation			260	4,000	(4,250)		10
GFINTX.SOLS				X@00	(1PQQ)
Great North Run				250			250
6reggs				50	{50)
Groundwork re trip			1,160	500	(1,160)		500
HMRC JRSincome				4,&I7	(4+17)
Holiday Hunger			11,14S		{11,148)
Homeless Link KEYStaff			2,234	16)900	(10,435)		6,465 2,234
Law Top flat (Baring		&neet Grants)	11)247			(XX)247)
Mercers Northern Rock?oundation			30,000 150,000	8,000	(10,435)	{150,000)	27)565
Northumhria Police				5,00Q			5)000
Property Purchase Grants			3$,689				38,689
Scottish Power				40,810	(9,060)		31,750
Strickland House Grant			143,603			{143,603)
Virgin Money							10,000
Young People's Activities			2+63				2+63
			506,797	486,786	(3IHjg47)	(326,44S)

I'7. ANALYSIS OFRESTRICTEDFIINO IVEMENTS (continued)
GFINTLSOLS —Represents funding received towards development ofSouth Tynesidc House.
Great North Run —funds were entry feespatd from runners speci6cally forthe Great North Ran which wus
cancelled in 2020due toCOVID-19.
Greggs —Funds awarded toayoung person Irom hardship fund in2021.
Groundwork —Funding received foryoung people*s activities.
HMRC JRSGrants —Income received towards staffcosts forstaff placed on furlough.
Holiday Hunger —Grant fundmg and donations received to run the Holiday Hunger Summer Clubs for KEY2Life Foodbank.
Homeless Lmk -Funding received from COVID-l9 Homelessness Response Fund for assistance during the pandemic.
KEYStaff - Covers funding received for costs related to these posts, Funding Oflicer, Family InterventIon Otficer, Officer Manager, Prison Matters, Marketing and Communications Deicer post
Law Top flat (Baring Street Grants) represents grant funding received towards the refurbishment of112Fort
Street in previous years. As there isno agteement to refund the grant on sale ofproperty, the funds have been transferred todesignated funds this year.
Leathersellers —Salaries forprevention snd mediation team.
Mercers —Grant award towards the annual salary costs ofasecond Family Intervention 06icerpost. In2021 an additional grant was received towards additional statf costs in response to COVID-19.
Northern Rock Foundation —This was acapital grant award used towards the purchase and conversion of116 Baring Street into an officein 2015l2016.
Northumbria police —This was agrant received within the objectives ofcutting crime, crime prevention, reducing re-offending, supporting victim and community safety.
Property Purchase Grants - Represents grunts received towards the purchase ofIlats. In 2019I20KEYreceived f40,000from Clothworkers. The transfer offunds off37,237in the current year relates tothe purchase ofthe Trinity Walk property.
RISEand Places for People —Represents funds received towards activities sessional worker.
Scottish power —Represents funding towards KEYYouth Hubs project which isthe development ofdrop in bubs for socially excluded aud disadvantaged young people.
Strickland House Grant -This wss grant funding received in previous years up to2015towards the purchase and refurbishment ofStrickland House.
Stickland House Grant and Baring Street grants above were transferred todesignated in the prior year as there is ao committnent to refund providers upon sale ofproperty.
Virgin Money —Grant award towards 1-year salary and related costs for Support Worker atAskins Lodge. In 2021 a grant was received towards additional staSing costs incuned due toCOVID-19 pandemic.

Ig. MOVIIMENT INFUNDS	Ig. MOVIIMENT INFUNDS	Ig. MOVIIMENT INFUNDS
		At	Incoming	Outgoing	Transfers	At31March
		1April	Resources	Resources		2022
		2021
		8
Restricted funds
Charity activities		360,888	552,738	(377,119)	(33,726)	502,781
Unrestricted funds
General funds		3SQ,040	934,778	('733,18I)	(S01,637)	50,000
Designated funds		684/30			535,363	1@19,593
Total Unrestricted	funds	1034,270	934,778	{733,181)	33,726	1+69,593
Total Funds		~13.'3133t	I 437313	~III 30e	-	~I7 2~34
MOVEMENT IN	FUNDS —previous year
		At	Incoming	Outgoing	Transfers	At 31March
		1April	Resources	Resources		2021
		2020
		8
Restricted funds
Charity activities		5Q6,797	486,786	(306347)	(326,448)	360,888
Unrestricted funds
General funds					3%,040	350,040
Designated fimds		481,393	949.883	(723,454)	(23,592)	684+30
Total Unrestricted	funds	481,393	949,883	(723,454)	326,44S	1,034,270
Total Funds

This	means that the unrestricted	funds shown above should be allocated as under:	funds shown above should be allocated as under:	funds shown above should be allocated as under:
Major repairs fund					54,877
Property fund					470,921
Redundancy payments —as at31March 2022					88,511
Designated funds for6months		expenditure			666,924
Less	transfer to general reserve				(61,640)
19,	ANALYSIS OFCHANCES IN DEBT
					At
			At 1Apr 2021		Cash flows 31Mar	2022
	Cash at bauk and in hand					g
20.	OPERATING LEASE COMMMISIENTS
	The total future minimum	lease payments	under non-cancellable	operating	leases are as follows:
					2022 2021
	Not later than 1 year Later than 1 year and not	later than 5years			44,125 6$,04$ 51,947 91„867
	Due in more than 5years				2,$97
					~14