## ## ## ## |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|| ## ##